Hello everyone!
I see another problem with major exchanges and that is the current available supply of hodl for trading.
If i'm right then there are only 35% of all mined coins available for trading, 65% are locked in TD.
Major exchanges expect major trading volumes which hodl just can't deliver because the lack of coins.
So good luck finding an exchange which will list hodlcoin!
And furthermore about March 2017 there will be a huge amount of coins from TDs and almost everyone will try to sell.
This will drop the price to almost zero.
Regards, djoser.
Not an issue!
Since Cryptsy, most people have decided to keep 90% of their net crypto portfolios in their own wallets anyway.
I would be certain, most exchanges have same inventory issues, which is why they've set up faster deposit and withdrawal speeds.
Poloniex has been highly selective for 12 months.
To touch on the "huge amount of coins from TDs", this is simply not an issue either. There is not a single point in time where all of the term deposits are unlocked..they are all staggered and are continuing to be made. If you use the resources such as Fuzzbawls block explorer and the charts provided on that site, you can see that there is no huge spike in coin supply like a lot of people have expressed concern about. You will see a pretty modest curve. And if you examine the way the bonus interest is set to taper away, you'll find that there is still significant incentive to re-HOdl those funds that have been unlocked by March of 2017.
