Let us see this US China thing unfolding. One of my teachers Told me: Don't forget, the Markets don't run on Logic and Reason. If it does not make sense to you, just watch and learn. It seems to be the case here, there is no Logic in the raising of the dead, sort of thing.
With a 60% rising of Matic & Harmony 40% by the same tune and the same song, while Asians Celer 17% and Singaporean ZIL -4.2%.
Being ZILLIQA the only one which has... ?? It doesn't make sense to me, let me please go back, watch and learn.
what do you mean by "Being Zilliqa the only one which has.....?? Are you saying they have nothing to offer comparatively?
Claudio18
⋅
@jeremy.jacques79, ZILLIQA HAs...
Everything ready, finished, working, their "SHARDING SYSTEM" =(Their method to solve the scalability issue
encountered by Ethereum, Chainlink and many other Crypto Platforms is the only one who claims to have its systems 100% working.
From the point where they are right now they can scale up and of course improve anything necessary but they are 100% running.The only one.
Zilliqa has recognition and the backing of the Singaporean Government.
Exfers,which in now said to be using ZILLIQA's services, on the same grounds as: Paypal, Coinbase.
Officially is in partnership with Mindshare, Asteria, DMM.com, LayerX.
On the technical field is is in Partnership with: Bluzelle, Bluzelle. ZILLIQA has scaled them up with its Sharding approach and it is operating on: Impetus One, {Bolt ...Millions of users Billions of payments here, from information and entertainment.} Emont Frenzy, {Transactrain: Instantaneous multi-currency payment facilities.}.
ZILLIQA is the only Cryptocurrency Platform that I know which has Grants for developers as you can see on zilliqa.com
Compared to Matic which is what turns into a mind boggling baggage to me, not to mention others:
Matic has OUT around 20% of its total supply of 10.000.000.000 Tokens. w/ a Market Cap of $ 40,000,000,000.00
ZILLIQA has OUT in the Market around 75% of its Total Supply 12.000.000 Tokens w/ a Market Capitalization of $ 80,000,000,000.00
Now it is only through getting aware of what this numbers mean when we realize that ==It does not make sense== to see ZILLIQA tokens being sold under its lowest price ever,loosing _may be 10% of its value_ while MATIC went up around _ 60% _
It is my first encounter with Cryptocurrencies "Mambo Jambo" and I KNOW NOTHING ABOUT WHAT IS GOING ON, however, there is no way on my mind for me to believe that this is a normal occurrence Statistically.
Lets see How it happened. 2 Companies one of them gets drained of $ 7 Mill or $ 8 Mill in just a couple of days
And the other one gains an astonishing $ 150 Mill. I don't care to be precise or not, May be .. $ 130 Mill ... ... .
In Logic, which is Mathematics in essence, it does not add up. It doesn't make sense logically.
Unless people are driven by forces which are not possible for us to see, one Company, the only one claiming to be 100% operative is decimated literally by its competitors.
Jeremy sorry to bother you with so much rubbish, thank you for your patience.
W3rN0tAl0n3
⋅
@Claudio18, Thanks for responding. I'm actually quite versed on Zilliqa's progress- I can tell you that Transacttrain has been adandoned, they couldn't find a use case for ZIL (no shit)- however the news of Aqilliz recently that is a continuation of the Mindshare partnership and Project Proton is where Zilliqa's future is, and they could really do soemthing in this space,. What concerns me however is the fact that Xinshu (co-founder, ex-CEO) has moved on to become an advisor/board member, Zilliqa has no US exchange listings after September 16 when Binance closes to US customers, and new competitors like Harmony ONE and Elrond are gunning for Zilliqa's place and are claiming to already have better chains than ZIL and right or wrong (I believe they are wrong), the majority of the cryto community is buying into it and abandoning ZIL now. On top of all this, Anquan, the parent company behind Zilliqa, sold 30% of their ZIL during the last price pump, basically selling their holdings to unsuspecting hodlers, in order to fund continued development, which is a good thing in essence, however when the community found out aboutit, it was a huge scandal and now nobody trusts them at the time being. I'm holding a ton of ZIL, and I hope they turn things around, but damn, the price is tankin' so bad I'm losing hope. Sorry for all this, just wanted to respond to your comprehensive post bud- all the best to you!
DmChaos3
⋅
@jeremy.jacques79, I was thinking almost exactly the same thing about the price action. Holding quite a bit myself. It does seem to be the only chain with proven results but the ADHD of the crypto has me a bit worried if I'm 100%. Lots of fud going around about the CEO step down but no one realizes that on a truly decentralized chain, there is no employee... Just devs. ZIl makes moves forward which I think is more important than price at the moment but it still hurts
DmChaos3
⋅
@jeremy.jacques79, also... Zil is one candidate for the binance us listings... I believe and hope they'll make it... People may reconsider their sell orders once they project gains traction with all the development it's been making so far
The "projects" which I have been considering are:
Matic... with a strong Indian flavor.
Zilliqa... With Singaporean and world condiments.
And Celer... More from the Far East than anything else.
It seems to be the case that facing this present debacle, looking ahead we shouldn't worry.
As you say it hurts to see an investment worth 3. n.
demoted to 1.n. with a massive loss of 2 out of 3.
At this stage, I have decided to look at my own money invested in those "projects" as a long term adventure, NOT A VENTURE.... but an ADVENTURE.
Who knows what the future holds...
It is on October when Zilliqa will have a CEO in effective control of the orchestra, meanwhile we are looking at great musicians without being able to play good music to the audience.