Not enough liquidity on exchange and the price is heavily manipulated. Prices aren’t recovering when the entire crypto space is bouncing back.
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Not enough liquidity on exchange and the price is heavily manipulated. Prices aren’t recovering when the entire crypto space is bouncing back.
Are you referring to specifically BOOL? Prices are definitely down a bit, but there was about 800,000 BOOL in volume yesterday, fwiw, which although not huge, is just about as high as it has been before. It is a slow process and us being in round 2 of the ICO means that more people need to accumulate in order for liquidity to continue to increase. Rome wasn't built in a day, unfortunately, and it requires a committed community of people to raise the price of a cryptocurrency, by creating and nurturing a micro-economy around it. The more integration that we build out, the easier this will be for people. The API will be coming out soon (by end of September), which will allow integration into any site that can utilize JavaScript and our Marketplace will also be coming within the next few months. While we can't manipulate the price and just decide that it skyrockets, we can incentivize people to buy and hold by offering rewards for doing so, such as the Boolean Hodlers Program and the airdrop program and upcoming trading competition on Hotbit, as well as, of course, building out powerful products that people want to use.