Post
Topic
Board Announcements (Altcoins)
Re: ►►►[ANN] Ittrium (XIT)◀◀◀ Novel strategy to improve liquidity | Masternode + PoS
by
ittrium
on 21/11/2018, 01:16:25 UTC
The problem with any delay with listings is that hardly coin will keep the price high just to compensate for this delay. So, you're going to do what's in the future, dev?

Hi Crypto#9735

You're entitled to your opinion. 

Like I've said previously, Bisq is our preferred exchange for a number of reasons, the fact there is no costs is certainly a big plus, as this allows us to build a bigger defensive buy wall.  That said, please note that we have no influence on WHEN or IF, our listing application will be approved.  Either way, we are in no rush, how long did it take Bitcoin to get listed on an exchange?  I'd suggest it was a few years!   

Whilst I agree there is certainly advantages to getting listed shortly after a coins launch, such as improving investor confidence, there are also many disadvantages.  The main one being, low liquidity.

Ittrium distinguishes itself from our competitors in many ways, however the most apparent difference is our strategy to increase liquidity via the creation of a defensive buy wall, which we believe will reduce negative price volatility and in turn, will help protect investors.  The team feels strongly that getting listed prior to having sufficient capital to improve liquidity, particularly in a FUD market, will simply result in failure.  Consequently, if our Bisq application is unsuccessful, we owe it to our investors that we DO NOT get listed on an exchange until we have sufficient defensive buy wall capital.

Lastly, patience, persistence and perspiration make an unbeatable combination for success!




Hi! Can I reserve translation to French, for the Ann & Whitepaper?

100% man-handled translation Wink)

Please let me know... thanks!

Yes, French translation reserved