Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ECA] Electra ⚡ | POW/POS | NIST5 | Super Rewards Bonanza
by
Electra01
on 19/07/2017, 13:26:35 UTC
There are movements to reach the objectives in the development of the coin?
Especially adding a coin to other exchangers.

Regarding objectives:

All short term objectives are already completed. I aim to complete all medium term objectives within one year. I have begun speaking with exchanges only recently as I did not think it would have been a smart strategy to apply to an exchange before the hard fork. At the current state, the price is below 1 satoshi which will make it hard to maintain a Bitcoin-Electra trading pair in a larger exchange. We can get in sure, but why would someone buy ECA for 0.00000001 BTC in Bittrex when they can go to Novaexchange and buy it for 0.00000001 LTC. We would eventually get delisted for low volume.

There are other alternatives I am looking at for exchanges such as the Earthcoin strategy: even though they don’t even have an active website and only $500 a day volume on Novaexchange, they have $5,000,000 of total daily volume and $13,000,000 market cap. How? The rest of the volume comes from two Chinese exchanges they are on. Focusing on the Chinese market seems an interesting choice to increase volume. Earthcoin does not seem to have done much marketing in Chinese either so I am very curious how they reached this kind of volume. If there is a Chinese speaker in the community, I would appreciate help for a Chinese market expansion as I do not speak the language. It would be good to know the price/criteria to get into exchanges like Jubi and BTC38. If there are no Chinese speakers, I will still research this alternative but it will just take longer.