Anyway, for those who lose hope, I want to tell them that starting next week, $BP will enter 3 of the top 7 exchanges, and I think Huobi will be one of them, so it is very possible that we will see a significant recovery.Very interesting information, I hope this will get Beyond Protocol pumping up the price. And I hope there will be no more delays in BP listing on Huobi, I know Huobi is a big exchange and for sure this will have a positive impact on BP price change.
Very interesting information, I hope this will get Beyond Protocol pumping up the price. And I hope there will be no more delays in BP listing on Huobi, I know Huobi is a big exchange and for sure this will have a positive impact on BP price change.
ATH was not at $61, it was at $79 in October of last year.Thanks for correction.
they launched two different stake programs a few days ago, here you have more information: https://www.altcoinstalks.com/index.php?topic=251491.0.Sorry, I just know about this. And didn't read it yet. Can everyone join the stake programs? Or it is only allowed for certain investors only?
What Beyond Protocol offers is a pioneering product, it is not a copy of another copy, it is totally genuine and functionalI never doubt the idea of this project, I know it is good and genuine. The problem is how the team manages the liquidity and chooses the markets for BP. The liquidity of BP on each exchange is too small, the transaction is also too low. I don't know why BP team still doesn't list BP on Huobi, it may be the solution to this problem. Huobi is their partner, it should be not really difficult to list BP there.
I think $BP can go over $30 but it won't be today or tomorrowOf course. You must know BP needs a reason to jump again to $30. Now, there is no reason that BP to increase its value significantly. I even doubt that BP price can reach again $10 in the near future.
Sorry, I just know about this. And didn't read it yet. Can everyone join the stake programs? Or it is only allowed for certain investors only?
I never doubt the idea of this project, I know it is good and genuine. The problem is how the team manages the liquidity and chooses the markets for BP. The liquidity of BP on each exchange is too small, the transaction is also too low. I don't know why BP team still doesn't list BP on Huobi, it may be the solution to this problem. Huobi is their partner, it should be not really difficult to list BP there.
I don't understand the reason for the drastic drop in the price of BP token. I'm worried about the credibility of the project or the exit of investment funds, the scary thing is that we don't have enough information to explain the price movement and give an expected future price.
BP launched at $10 on Uniswap in early October. The price went as high as $60 that day and eventually stabilized between $25-35 for a month. Unfortunately, in November, BP fell victim to a bad actor who illegally obtained and sold tokens on Uniswap, bringing the price down sharply. It stabilized again around $7-13 for a two months. On January 4th, we had our first token unlock to pre-salers and early contributors, the vast majority of whom staked.
We had planned to line the unlock up with a launch on tier 1 CEX and support with our tier 1 market maker WinterMute, which we projected would keep the price stable. Unfortunately, the listing was delayed, and the small percentage of the pre-salers who opted to sell did so on our footprint of small exchanges not support by our tier 1 market maker. This led to the sharp decline then. We project a recovery in the near future with the series of listings on tier 1 exchanges supported by our tier 1 market maker.
Hello how is this Beyond Protocol, is anyone still holding this token .
The price in the market is very low, Luckily I have sold all my tokens!
Seeing this continuous decline in BP prices, is this BP still worth buying? Because if I buy now, I can get 20x more BP tokens from the results I sold BP some time ago!
I don't understand the reason for the drastic drop in the price of BP token.It was about the liquidity on Uniswap. I also don't really know why this liquidity is a big problem that leads the price of BP to drop from around $30 to $0,08. Now, the price looks very difficult to increase again, seems no big interest from people to buy more BP tokens.
I'm worried about the credibility of the project or the exit of investment funds,In my won opinion, the credibility of BP projects has decreased much. All people are very disappointed about the big decrease on BP price, especially those who became the early investors. I suspect they already cut loss and exit from BP investment. Now, BP project should do somthing to make people be confodent agai buying BP!!
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Q: Can you explain a little bit about price history, and why one might consider backing Beyond Protocol?
A: Beyond Protocol has been on the market for a very short period of time — we haven't hit our four month anniversary yet — and the price has nearly exclusively moved around two unanticipated events not tied to the fundamentals of the project: i. a social engineering exploit where a bad actor seized and dumped Beyond Protocol tokens ii. an unlock to pre-salers which happened without the support of our tier-1 market maker and launch on a tier-1 exchange as planned (the exchange listing was delayed and the market maker was unable to provided support on the smaller footprint of exchanges BP listed on).
There are severals reasons to believe a more normative price will be realized overtime:
- The vast majority of the community is holding/staking their tokens; they are hold-term holders
- Beyond Protocol will list on several tier 1 exchanges in the short term with the support of WinterMute, its tier 1 market making partner, who is also an investor
- At mainnet, Beyond Protocol will facilitate transactions between a huge array of IOT devices, allowing them to communicate securely and cross-silo for the time
We are in the early innings of the first phase of the project.
If we employ Beyond Protocol technology as a foundation, the token's value can rise much higher than the previous ATH, but this will only happen after the main network, when some of the partners begin to use the technology for various purposes.
we must take into account the FUD that BP is suffering from some "users" with the aim of lowering the value of the token with the intention of buying cheaper.I don't know if BP is suffering because of this drop. But the early investors are really frustrated since the drop is very extreme. I spent some money, bought some BP tokens when the price was around $30. Now, I almost lost more than 90%, and I am trying to forget those tokens on my wallets. I doubt if investors are those people who always tried to lower the price. How can they try to lower the price every time? :-\
I know that such a drastic drop in value can scare many people and maybe there are things that could have been done differently, but the project has not changed its vision and that is why the team has my confidence.The project may still develop slowly. But investors seem to leave gradually. I don't want to talk about "confidence" this time, you must know if no one feels confident seeing the drastic changes in BP price.
I don't know if BP is suffering because of this drop. But the early investors are really frustrated since the drop is very extreme. I spent some money, bought some BP tokens when the price was around $30. Now, I almost lost more than 90%, and I am trying to forget those tokens on my wallets. I doubt if investors are those people who always tried to lower the price. How can they try to lower the price every time? :-\
The project may still develop slowly. But investors seem to leave gradually. I don't want to talk about "confidence" this time, you must know if no one feels confident seeing the drastic changes in BP price.
Actually I am very angry and disappointed with this drastic decrease in BP, and I also still have hope that the BP price can pump again.~
Hi Beattysuhita. Unfortunately, there are many people creating FUD, and they are the same people who are reducing the value of BP with a single purpose, to manipulate the market by reducing the value of the token (even selling at a loss) with the intention of buying at the lowest price to accumulate more tokens. Although the project started in 2018, the token is not yet mature and many people do not know about it, but the technology and fundamentals are unmatched by any other project.
I have never (and never will) tell anyone what to do with their money and investments, buy or not is your decision. What I will tell you is that I have my tokens staking to keep accumulating.
Actually I am very angry and disappointed with this drastic decrease in BP, and I also still have hope that the BP price can pump again.
Although it can not reach $40 or $30 , but at least the price of BP can reach $10 by the end of this year.
The team must do something to increase the price of BP, If the potential is really there then now is a good time to increase our investment in Beyond Protocol.
Yes very likely. Beyond Protocol is IOTA competitor, secure IoT blockchain, only $9mil mcap
Price fell as low as $0.05 due to a social engineering attack and presale dump into thin liquidity
$1mil worth was market bought on Gate a few weeks ago, price pumped all the way to $0.30
Back at $0.10 now... but it seems like someone knows something