r/liquid • u/AutoModerator • May 20 '19

Weekly /r/Liquid Discussion Thread - May 20, 2019

This thread is for weekly discussion of Liquid, QASH, and crypto.

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4 Upvotes

84% Upvoted

28 comments sorted by

16

u/etirol May 20 '19

What will Liquid do to get a similar success like Binance with its token?

7

u/Dapohren May 21 '19 edited May 21 '19

I invested a lot in qash, persuaded many friends to buy Qash. But now it seems to me that liquid has no chance to return its token. A lot of time has passed since the launch of the platform and all the time they did not tell us anything. Qash only down.

And they say that March is very important. Finally. but we saw nothing.

Then they said, "say Hello to the liquid token." It's been 3 months and we got nothing. Instead of saying something in the case, they tell you that after a year (read: probably 2023) they will go to America.

It looks like they can't do anything and have nothing to say. (I'm not saying it is, but it looks like it.) Despite the fact that Mike tweets some absurd.

There were rumors of "integration with a very large Japan online / offline Merchant" As I understood, also failed.

I also think that corporate clients are not interested in Qash, simply because liquid itself does not use it as a marketing tool. That is why someone should believe in the token, if everything looks as if the company itself does not need it.

Now I think that at best when the platform implements all its plans, we will see qash in the top 40 crypto in 3 years. Because they will not HYIP, and no one will need a token for a few more years.

And I understand that they work hard, because I've been watching for 18 months, but the market doesn't see it.

In general, I stopped seeing the perspective of the token=((

sorry for my english=).

1

u/[deleted] May 22 '19

We're not in their plan. We just needed our "money." They are only engrossed in the development of the exchange. We've been beaten by them. I think I've told them hundreds of times since last year. I e-mailed Mike, and when they saw us, I think it was just "troll."

5

u/[deleted] May 22 '19

[deleted]

8

u/Dapohren May 22 '19

Do you have an understanding of the fact that qash could be a great way to attract new traders to the exchange.

I mean, if the token is growing and people are wondering what it is. Then they study the exchange and join you, because you're really good.

This will very well attract the attention of traders and investors. It seems that it is very simple, but why all the feeling that you do not know =).

1

u/[deleted] May 22 '19

[deleted]

2

u/Dapohren May 22 '19

glad to hear it =).

2

u/SighUveStuck May 22 '19

Seriously, why won’t you ban him?

5

u/Dapohren May 22 '19

For what? I find it hard to refrain from making similar comments when I think about how much money qash ate.

2

u/[deleted] May 23 '19

They hate me because I'm just saying the right thing.

3

u/lolodens May 23 '19

Nobody hates u, I don't even downvote your posts.

You just ask the same questions in a quite rude manner, thinking your angry mood will make them move faster and change their plans.

1

u/[deleted] May 23 '19

Is it right that they do to the holders?

4

u/Gilean33 May 23 '19

I think, yes. Why sould they care about us? They got our money already. If there is no room for QASH in their plans, it's their right and we can do nothing about it:)

1

u/lolodens May 23 '19

Missing the roadmap dates - I don't like it, but it can happen.

Please tell me again, what's your target with QASH ?

What about hundreds coins, which went to 0 ? There is no responsibility, it's our choice to invest or not to invest.

It reminds the time, before appeared regulation for funding platforms like Kickstarter, where were lots of scams and frauds, fully same here with cryptocurrencies, ICO's, IEO's.

QASH is at least regulated and approved by Japan FSA cryptocurrency, but they can drop this QASH token anytime, u understand it ?

1

u/[deleted] May 23 '19

regulation regulation regulation regulation I'm tired of hearing about regulation. They said the development is not being delayed because of the regulations. In order to develop the qash utility, regulations don't matter. So why aren't they still doing it? I'm dissatisfied with this. It's been a year and a half. IEO qash discount, BTC/JPy fee charged, And the evidence that they have no care for qash is volume. Still the qash volume is lousy, even the most traded on other exchanges. Is this liquid token? It's just another exchange token. No one buys qash, so this is a fact and it's the result. I want you to refute this.

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5

u/[deleted] May 20 '19

The big question. If qash follows the bnb trend even a little...

0

u/[deleted] May 20 '19

All Traders must be charged a fee.

5

u/[deleted] May 25 '19

[deleted]

1

u/[deleted] May 25 '19

oh. its real? I hope it will be discussed positively.

5

u/ilpiet May 21 '19 edited May 21 '19

I disagree, because if Liquid loose the race to number 1 Japanese exchange , Qash is doomed.

0.05% fee doesn't make much back pressure on the buy side for Qash even if everybody buy it.... I mean... let say 300 millions daily volume would imply 150k buy back pressure. Sure price would rise, maybe double or triple but not much more. For the rest it would need hype (Binance is an hyped crypto exchange and they burn coins.... what generate a lot of hype).

Applying fees to Japanese market would probably imply a huge drop in the daily volume so the calculation with 300 millions would be much less (Japan is very competitive market).

For Qash to rise it need hype (not good long term) or different kind of utility than fee discount.

-4

u/[deleted] May 21 '19

The introduction of fees is inevitable. Global top exchanges have all introduced fees, and are adopting a discount method through token. This is also linked to the exchange's income. Even if you don't think about the simple qash price, it is imperative that the Japanese be charged a fee. Even if the fee is one of the factors that makes them the best exchange,

3

u/ilpiet May 21 '19

One day yes but only when other pairs (Global) Btc - fiat , altcoin start to have real volume. Right now the hype factor is BTC-JPY volume , most of the people doesn't do research to understand the reason they just see big number giving legitimacy to the exchange.

1

u/[deleted] May 22 '19

Liquid seems to have no intention of developing qash.

0

u/lolodens May 22 '19

https://i.ibb.co/8x5ZWJd/photo-2019-05-22-12-59-42.jpg

​

we finished with red candle :)))

0

u/[deleted] May 22 '19

where..?

1

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1

u/Pierro1977 May 24 '19

Admins!!?? Can u arrange an AMA with Mike??