Topic: WAVES - Complete Blockchain ecosystem for a token economy - page 120. (Read 131008 times)

Thank you so much for that info. Import the old account and access it via the seed phrases and I can use the new exchange? And with the new exchange, what details do you need to log in or sign up, if I will create a new one?

Hello Twinkledoe! You'll need to go through the migration process. As of November 18, users will be able to import their accounts and seed phrases, and, on December 2, the new exchange will be launched. Your personal information (seed-phrase, etc) stays on decentralized part.

Sincerely, Waves Community Manager

Is it time to show Sasha the respect he deserves?

Interested here also!
If they will do some changes and not be a pure DEX anymore, I don't think your SEED or private key will still work.
But more than likely, they will publish what to do with your old account. So no worries!

I think there will be more movement if they will not be a DEX only. The trading right now is very dull in Waves DEX and very few assets are really performing. You can count it even with your hands. Let us see if this move will make a difference on their business and what factors are gonna be integrated with their new face?

Also, if you have account in Waves DEX, can you still access the same account with same keys if it's already a combination of decentralized and centralized features of an exchange? I wanted to know as I still have account in Waves DEX.

Yes, when will the NXT assets from 2016 be swapped?

Although it sounds cool, I cannot see much difference to how things are now, except for a new name. Maybe a new name is what the exchange needs to get some life. I cannot help to think why would you want to bring all those services together (which in a way is already together)? It sounds very much like preparation for the sale of the Waves DEX as a unit to an outside party. Maybe I am wrong.

Hello. Some of your questions are quite unclear, but answering your first question, the answer is "yes", Waves based assets issued within the network can't become centralized anyhow.
Speaking about encrypted and local personal data, all the user's SEED phrases/private keys are owned by them just like before. We don't have any access to such kind of personal information and never will ask for it.
The payment gateways & the Matcher remain centralized ones just like now.

Kind regards,
Waves Community Manager

Citation:

"We have big plans for Waves DEX, which will be spun off as a separate company and renamed Waves Exchange.

All current components - including blockchain, mobile apps, matcher and gateways – will be unified, creating a hybrid product that will combine the best features of centralized solutions with the security of decentralized ones, also adding new services.

Read more on our blog: https://blog.wavesplatform.com/waves-dex-to-be-spun-off-43da9f6e2a91"

after reading the blog, more detailed explanations are needed.

what will be centralized, and what will remain decentralized ?

will the wallet and its coins remain decentralized ??
will the seed remain encrypted and local ??
what is the mode of communication between the 2 components ?
where will be the gateways ?

Alright cool announcement, when will the nxt assets be swapped?

I hope you are right, but I think you are wrong regarding the Bitcoin prediction. Halving will be around ~14 May 2020 which on its own will drive Bitcoin price up to make mining profitable. I doubt it will drop again to 8k soon and definitely not in the long term. What I do think you are right about is the usability of Waves platform and use of it in future.

Waves was shorted at least since june at 0.00054 if not since april at 0.000685 and it is not the only shorted altcoin. It is institutional players that are/were shorting top alts and they will cover positions before christmas.

I don't know what happens after return to normal levels but it depends on Bitcoin and if establishment is preparing their own coins which they are otherwise they are not smart money.

Waves is fragmented into 3 pieces: Tokenomica is not part of waves native but it is direct competition, and waves enterprise is also not part of waves native so all of these chains will have to share market capture during merchant phase. But there is more competition from other brands in top 50 such as Stellar which is well positioned to capture American markets which is the worlds biggest. Stellars platform is much worse than waves yet it's market cap is $7 billion. Waves is Russian so it must concentrate on Eastern market and possibly south east asia and china, maybe Japan.

Global retail market is $20 trillion, and 90% or more of this will be migrated from NASDAQ and global indexes to proprietary government controlled centralized solutions. Stocks will be converted into tokens and the mother crypto will be something like "NASDAQ Dollars" which is connected to these fortune 500 stocks. Of the remaining free market 2 trillion, Waves ecosystem can capture 30-50% and this in turn will be divided between Tokenomica, WEST (Vostok) and Waves original.

So Waves market cap with optimistic scenario is a few hundred billion dollars and that is also the maximum market cap possible from 1000tx/s equivalent to 15 million active users, when each transaction carries a fee of 80 cents ($25 billion annual profit with p/e multiple 10 at maturity).

Waves should definitely increase all trading fees to 80 cents to back the new inflation policy and increase exchange volume because every trade must be valued higher to make the fee lower share of traded volume.

Waves team should receive 10% of this fee and rest shared with community every week like it is now, with the significant difference that staking rewards is then actually backed by real profit and not simply empty air like it is now.

Token issuance fee can also be increased to 100 waves but keep in mind if waves price goes up, even 1 waves can become worth much. Up to $2500.

By the way, if anyone is interested in Marquise $Museum investment I have offer for you:

I offer 126 million $M-2 at 0.0003 (38 000 waves) and will use 50% of monthly staking pool (100 waves) to buyback $M-2 at any price you set, even 0.1 (it is 12.6 million waves profit for you).

Pm me for this deal or buy this top 2 stack directly in waves dex it is there now for trade.

So you say that Bitcoin will go to 20k-35k on medium term and then fall to 8k-12k on long term? And when Bitcoin is so low, WAVES may be even 2k?!
I think that you either missed something, either wrote it down incorrectly. An 8-12k on long term for Bitcoin is not sustainable (miners won't earn enough and may cause problems); and bad performance for Bitcoin usually translates into bad performance for altcoins.

How I wish this would happen in future. And if it is, then I'll be one happy millionaire just by holding Waves.  But seriously speaking, these predictions are quite steep with current state of market that we have right now. You can say that this is very feasible and I won't deny that but it's just very improbable to happen even in shorter span of time. Don't get me wrong, I'm also hopeful of these predictions and I'm still optimistic that Waves can replicate the run that ETH had last 2017.

What are you basing your calculations on? I dont think any coin/token will move in the extreme ways you are claiming in your post. Personally I like Waves platform and ecosystem and think it has a good future but not to this extreme and not in the timelines you mention. I also so not think that anyone can claim a movement on Bitcoin accurately unless you are a big whale in Bitcoin and can cause the movements on your own.

Short term: There will be a vertical short cover. 0.00054 BTC/$4.9 target up to 0.000685/$6.2.

Mid term: BTC 35 000/0.000685/$24 or $20 000/0.0012. BTC blow off is uncertain, it depends on delusion level in market, it appears to be sobering slowly, in that case it is straight to oracle 3:

Long term: Flip event from top 5 to alt sphere, then it will break 0.002 BTC ATH. BTC itself stable between 8-12k. Possibly back to $200-1200. Waves from $68 to $2000.

I can see Binance Waves address among the addresses, so funny... Binance also use Waves Dex

maybe you only are viewing 25/ I dont see my add on there and I undeniably used the dex several times

I dont want a create FUD, but WAVES DEX use only 25 people? And most of them are BOTS?? Oo ?!
https://i.ibb.co/9vsqprf/photo-2019-11-01-21-34-49.jpg