Post
Topic
Board Announcements (Altcoins)
Re: ☑☑☑[ANN][BSD] BitSend - online since 2014 [ Core 0.17 soon]
by
tranthidung
on 13/08/2019, 02:05:11 UTC
BSD masternode collateral is 25000 BSD. So if the price goes back to $1, then masternode will cost $25000. You miss one number in calculation Wink

There is the biggest problem is the low daily trade volume. Just $765. Delisting from Bittrex is not a good sign.
Bittrex lost its leading position among crypto exchanges, for months. However, they are still one of good and highly trusted exchanges. Listing on exchanges (good ones, not new-born) always takes fees, and fees are huge if they are big and trusted exchanges. Furthermore, it also takes time to surpass verification and technical preparation steps to be listed on new platforms.
Generally, I agreed that delisted from Bittrex is not a good news.
Already delisted from biggest exchanges and the volume is only 1000$ a day which gives a total cap of 160K and 1010 place on CMC. Never thought to see such stats for Bitsend especially in 2019.
By now, I still have belief in Limx Dev, and his team, but crypto investors need solid evidence from BitSend team to maintain their belief over time, especially during such terrible period of altcoins. Whenever their belief broken, it will be so difficult to catch their attention and their capital flow back to BitSend project.