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Topic: More people are moving to Qtum after BNB but STOP!! Qtum is under development! (Read 142 times)

legendary
Activity: 3276
Merit: 1029
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I don't understand what happened to Qtum because I see there is no development at all for this altcoin, even though very many people expect Qtum to grow in the crypto market,
That's the point, the blockchain created by qtum is pointless. As far as i know that if qtum is not even creating any big update to its platform to compete with the other blockchain.
People have passed this one and qtum is the worst chain right now. The case is very similar to NEO.
It has no users.
When a platform has no demand and it will get a lack of exposure. Some qtum holders were also moving from this project.
full member
Activity: 926
Merit: 100
I don't understand what happened to Qtum because I see there is no development at all for this altcoin, even though very many people expect Qtum to grow in the crypto market, and be able to compete with etherem and BNB, as we all know Qtum is an altcoin that has long been created in cryptocurrancy, but the development is very slow, this way Qtum will not be the next BNB,
legendary
Activity: 3108
Merit: 1029
Where did you see that dude? i can't even see there new users were moving to the QTUM, the majority of people are moving to the BNB and DOT. I see no demand for QTUM.
Maybe you are getting the false data about that. I don't even see any reason for people to move from ethereum to the QTUM.
The projects were building their platforms on QTUM didn't even worked so well. Maybe you are missing something from there.
legendary
Activity: 2646
Merit: 1106
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I think QTUM is just a hype.
QTUM is already aged, even Binance Smart Chain doesn't started yet, QTUM is already there. But if you take a look now, there is still no progress. I can relate QTUM with NEO, which NEO before got abandoned, which a lot of people keep talking that it is the Ethereum killer, but look at now.
Yes, those are much expected projects. Beyond certain point there is no progress. Maybe in the long term this can provide with unexpected price pumping same as that of dogecoin that happened recently. Binance kept its progress high, even during the bearish market of bitcoin it marked its first ATH value. Further it kept a good market through its smart contract and with the different launch platforms. This way qtum isn't gonna be the next BNB.
hero member
Activity: 2002
Merit: 535
I think QTUM is just a hype.
QTUM is already aged, even Binance Smart Chain doesn't started yet, QTUM is already there. But if you take a look now, there is still no progress. I can relate QTUM with NEO, which NEO before got abandoned, which a lot of people keep talking that it is the Ethereum killer, but look at now.
NEO had its issue with the Chinese government and the reason for their failure to gain attention is because of the government intervention, there were many projects lined to used NEO but the stupid government ruined all their business plans and now they are struggling to stay afloat and QTUM like the others in the market were always hyped and never fulfilled anything.
legendary
Activity: 2366
Merit: 1130
People aren't moving to Qtum AFAIK from any news i've read. Like people said on above, Qtum had raised 11.7k bitcoin and 77k ETH during their ICO (such a huge amount if they still Hodl it until now), but i don't see any such big improvement from Qtum. They are still active, but the progress still very far from BSC or even ETH IMO.
I've read their last year (2020) total expense was around 700 BTC, which should be a decent amount but the result still Huh
hero member
Activity: 3010
Merit: 666
Do people move to Qtum? I don't know how they think about moving to a project that is not really ready and running. That was a big mistake, they put their investment at high risk.

https://qtum.org/en/post/november-updates

I see no new updates in regards to Qtum development. I don't know if the team is still in the development stage or they just abandoned the project now.
Since the situation isn't clear, this is not really a good idea for those who wanted to save fees.
hero member
Activity: 2184
Merit: 513
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QTUM is even older compared with the binance smart chain and I have been watching this blockchain and I do believe this is a failed blockchain. Despite the fact QTUM raised a lot of money but it has no users. The only people that are still speculating QTUM are the users on QTUM chain.
I never see that again there's a new developer interested in building their own platform on QTUM. The progress of qtum is really slow.
legendary
Activity: 2506
Merit: 1394
I think QTUM is just a hype.
QTUM is already aged, even Binance Smart Chain doesn't started yet, QTUM is already there. But if you take a look now, there is still no progress. I can relate QTUM with NEO, which NEO before got abandoned, which a lot of people keep talking that it is the Ethereum killer, but look at now.
sr. member
Activity: 1092
Merit: 250
Hodlers Network
logically we can comparing a project that already running with an underdevelopment project my friend,
so, for now i will bet for BNB rather than Qtum
sr. member
Activity: 951
Merit: 250
More people are moving to Qtum after BNB but STOP!! Qtum is under development!

Qtum is a decentralized cryptocurrency like ethereum but the problem is that that Qtum is still under development, it has no development tools yet. I won't suggest that put all of your BNB holdings to Qtum just because it is cheap as this blockchain is still under development and we do not know that when this development phase will be ended? maybe it can take 6 months or more? like recently many people have thrown their funds into ADA but that was not a good idea for long term. If you think that Qtum has the potential to surpass Ethereum then just wait with patience, put your money when its development has almost completed or at-least a beginner may develop its blockchain using Qtum. At this time, converting your BNB into Ethereum might be profitable for you because Ethereum still can be doubled in Bitcoin. So you can double your Bitcoins holding.

Thinking that ways might be not possible for now, but I don't see bnb going to stop now and what we're only seeing is that slowing of trade volume due to slight total market corrections. Once bitcoin price saturated, it would also affect the whole altcoins market because most coins relied also with bitcoin exchange. With respect to Qtum, we have no assurance for this one and I think risking over it is not a smart decision.
member
Activity: 538
Merit: 17
So many books, so little time
More people are moving to Qtum after BNB but STOP!! Qtum is under development!

Qtum is a decentralized cryptocurrency like ethereum but the problem is that that Qtum is still under development, it has no development tools yet. I won't suggest that put all of your BNB holdings to Qtum just because it is cheap as this blockchain is still under development and we do not know that when this development phase will be ended? maybe it can take 6 months or more? like recently many people have thrown their funds into ADA but that was not a good idea for long term. If you think that Qtum has the potential to surpass Ethereum then just wait with patience, put your money when its development has almost completed or at-least a beginner may develop its blockchain using Qtum. At this time, converting your BNB into Ethereum might be profitable for you because Ethereum still can be doubled in Bitcoin. So you can double your Bitcoins holding.
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