Quote from: testerx on June 07, 2017, 04:18:40 AM

Quote from: Goruno on June 07, 2017, 02:56:52 AM

Quote from: klixion on June 07, 2017, 01:53:52 AM

Why is this token only on Chinese exchanges and non popular exchanges? The price does seem oddly high. I wonder if it's being manipulated by those who hold the majority of the tokens.

This project is good but it must be listed on the popular exchanges such as livecoin or bittrex exchange for trading.
If it's listed on the chinese exchange then it's not good for all investors overseas .

It can't be listed on other exchanges yet because the actual blockchain isn't live, the only exchanges that are able to trade it in advance can do it because they're the ones that offered a portion of the ICO, so they're able to issue IOUs for the coins sold during the ICO that allow people who bought through them to trade. People who bought through other places that aren't able to issue an IOU for trading can't trade their Qtums yet, though it does seem like Yunbi sold a large amount of Qtum so there's still some reasonably good volume there.

The real question is whether the cryptocurrency bubble will hold up until September when the Qtum mainnet actually launches, if it does then I think the price will be very good once it hits global exchanges, but who knows, all altcoins might tank before then.

Still, I think Qtum will be interesting long term because of the benefits it offers over something like ETC, and ETC is already priced higher than Qtum so if Qtum actually works it should be priced higher than ETC in my opinion. But ETC has greyscale pumping it's price up with their investment trust.

Oh, so it's an IOU. IOU's are usually higher priced that the actual price when it hits the exchanges. I remember it happening to Waves when it was an IOU on yobit.