Re: [ANN] Qora | IPO | Escrow | 100% POS | New Source | Beta Available
Doesn't anyone think we should move slower and have an incubation period where the coin has chance to develop and work out any function issues?
I feel like some are looking at it as a pump and dump rather than a potential beater of other coins. Being spread over tons of exchanges means one thing, low volume and unstable market if people try to sell. I've seen this before where people involved in NXT would be high fiving each other because they got on another exchange with the ultimate goal to get on Cryptsy!....and everytime the price dropped a bit more.
The developer may well disagree with me but I want to follow his timetable, plan and vision for the coin whatever it is so we are in lockstep with his vision. And if that means getting on tons of exchanges then cool..
I feel like some are looking at it as a pump and dump rather than a potential beater of other coins. Being spread over tons of exchanges means one thing, low volume and unstable market if people try to sell. I've seen this before where people involved in NXT would be high fiving each other because they got on another exchange with the ultimate goal to get on Cryptsy!....and everytime the price dropped a bit more.
The developer may well disagree with me but I want to follow his timetable, plan and vision for the coin whatever it is so we are in lockstep with his vision. And if that means getting on tons of exchanges then cool..
I agree with this. Even if Qora was to create its own exchange which would be cool
Diluting the market place by having it on multiple exchanges is not a great idea. I would say have 1 official marketplace then write to all other exchanges not to add it till a certain date.
I know mintpal will take a lot to convince but poloniex should be more accommodating.
But if there is someone want to create , we will be very happy to see that.
In my opinion, it does not matter to get on many exchange. One coin is good just because it can circulate. Technology just make the circulate be safer or more powerful, more lasting .
YES, if the coin get on many exchange, the price will not stabilize. But look into the future, the value of this coin is decided by how many people accept qora.
No one needs to create an exchange, just not farm out the coin to all the exchanges, maybe just a few quality ones.
We can't actually control this. All we can do is not trying to get to shitty exchanges and don't contact any exchange outside top 10. I'd say Dgex, Bter and Cryptsy is the best choice. Let's talk to them after launch and see how it goes. There's no rush anyway. As Graviton (Dgex owner) said (I actually didn't realise that) more exchanges for a new coin = more liquidity = lower price.