Can I know that when will they add their coin to some bigger exchanges or alternatively we can ask that when will these bigger exchanges allow BTCP to be listed on their exchanges? It is important to get listed for the price to get higher and to be adopted by more investors and users of crypto. If they will not let it live on bigger exchanges then people will not rely on it for their bigger capital.
Can someone please explain why a "big exchange" is so important? Anyone that wants BTCP can open an account with one of the supporting exchanges in about 10 minutes.
Liquidity.
Yes, you are correct. Anyone can open an account in about 10 minutes. It's fine for smaller investors. No problem buying/selling 100 coins or less. But the medium to large players cannot touch this coin. There is not enough liquidity. It will never have the same liquidity as coins with a large circulating supply, but larger exchanges will definitely help.
I don't know if a larger exchange (larger based on volume of other coins) would necessarily translate into more liquidity of btcp. Anyone wanting to sell now will have their coins on one of the exchanges, so I would think that more exchanges would spread out the supply further. Thinly traded on multiple exchanges may introduce some good arbitrage opportunities.
Where things will get interesting, in my opinion, is if/when they start collecting the "unclaimed" coins. I would speculate that most of the ZCL coins have been claimed, while most BTC holders don't even know they have BTCP to claim - much less know how to claim it. That's a lot of coin! If they use it to develop the project this could be a success. At any rate they have until next March to make some progress. I don't think there will be enough miners left after the block reward halfing next March to keep the network secure, in fact, you would have a good argument that with the current network hash rate about 10 MH/s, a 51% attack would not be too expensive to pull off. Good news is right now it wouldn't be worth it. If the price increases, obviously the hash rate will increase, but the price would have to double by March just to maintain the current low hash rate.
It's interesting that you mentioned about the liquidity. I did a quick google and found the following site:
it indicates that there are approximate 4.4 million BTCP in circulation. If this site is correct, then a huge chunk of the BTC owner don't know how to claim BTCP... or many of the large exchange just simply won't support claiming of BTCP.
if the 4.4 million BTCP in circulation is true, is that enough coins in circulation to have huge move in the price?