Quote from: nikolya1989 on January 13, 2018, 03:17:56 PM

Quote from: Miiike on January 13, 2018, 11:11:05 AM

Quote from: nikolya1989 on January 13, 2018, 10:41:33 AM

What's happening? Why we falling? What a fuck?

Not sure if you're trolling or really protesting, as both seems silly. A fall and raise of cryptocurrency is extremely normal. If you can't bear to have price corrections, you should be selling when they reached 2500. If you only wanted to have a price raises and no drawback at all, buy lands, not crypto.

No, it's not normal. All coins are growing, but this one is falling.

Quote from: nikolya1989 on January 14, 2018, 10:08:33 AM

Any updates soon? Against the background of the market, the coin looks very bad

Maybe it's worth looking into what you bought in the first place.

For example, what is the application for the token, and does it really need a separate token?

Well as it seems the token serves as an intermediate between two parties who agree upon a loan/borrow. This makes it pretty easy. For the token to become high in demand people would have to use the service by such demand that their own means of token supply has become insufficient. That would form the basic for the price estimate.

But before you go there, check out the ETHLend Dapp, because a quick look on the loans itself can give more insight than 20 pages of forum:

https://app.ethlend.io/main/3

I've just picked one at random, but I guess this borrower loaned several times and went to Binance with the currency, because it looked like this:

https://etherscan.io/address/0x3e83d4d1817c77d36c7fb91d270dcf13716a702a#tokentxns

The user spends approximately 40000 ETHlend, or actually the user puts that in a safe wallet until the loan is payed. There are some loans being funded and even finished I believe, though there aren't really that many. Within not much time you could easily check all the other loans and account for what amounts of ETHLend are being stored there as collateral/failsafe. As long as that total number doesn't get nearer to the market cap, which is over a billion, you can't really expect the price to rise because of the simple reason that other coins rise in price.

Also this isn't the only loan shark available, e.g. https://www.coinlend.org/, which doesn't seem to require an own token, hmm. Why was the token necessary in the first place? It's not required to have ETHLend tokens in order to get a loan on ETHLend it seems after you check out some loans. You can put EOS, TXP or whatever you have in your wallet as collateral, but please correct me if I'm wrong. So theoretically the ETHLend token cannot really be in demand because the need of it doesn't exist in the service app.ETHLend.io is offering.

So why would the price go up?