Metaverse ETP (ETP) is a public blockchain based on the PoW consensus mechanism. Metaverse is committed to providing decentralized services based on asset registration, digital asset exchange, digital identity and value intermediaries in order to build an open ecosystem in which digital value can be circulated freely. ETP is the token used on Metaverse and can be used to measure the value of smart properties in Metaverse or as collateral in financial transactions. ETP is also used to pay transaction and other fees applied on Metaverse. About ETP and follow their announcements.

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Jan 27, 2018 - Metaverse (ETP): Reality Undervalued Cryptocurrency Metaverse (ETP) is a new entrant into the cryptocurrency but taking a different path from where Bitcoin. These measurements are used as the collateral in all transactions and you can only use Metaverse (ETP) tokens to settle all fees on the platform.

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No duplicated questions that are addressed in FAQ. If the current answer to the FAQ lacks details, use the comment function to ask more specific. Community Resources • • • • • • • • • • Wallet Resources • • Documentation & Explorers • • • • • List of Exchanges • • • • • • • •. Likely to be the recent pronouncements by the Saudis that crypto is going to implode due to its immaturity and lack of regulation.

That's affected ETP more as there was good news expected to come out about middle-eastern backing for the project. Either that or someone knows something we don't. Looking at the chart my optimistic guess is that the immediate strong downward pressure shows that the price is being manipulated so it can be snapped up for cheap. I'm taking it as an opportunity to buy more. In such scenarios I find it quite interesting to have a look at the trades against BTC or USD going on. The trade history of ETP/USD at Bitfinex shows a lot of 100 ETP sells since quite a while. So it seems someone is selling small chunks of his ETP stock.

And in quite times with low volume this drives the price down. Also works with really small trades in the main markets, e.g. 1 ETP sell/buy every x minutes by a bot, as a green or red candles trigger other people to buy or sell. At least that's what I observed. On the other hand we might want to thank this guy splitting his sale in smaller chunks, as there would be a major slide in prices if he would sell one big amount at once and trigger some additional panic sells. Maybe the more experienced guys can elaborate further on this.

For me personally nothing changed with ETP over the last few days besides the exclusion of the US customers at Bitfinex. So I'm looking forward to the HitBTC listing, this should resolve the situation and open up a chance for recovery. Time will tell. Think it’s a few things against etp now; uncertainty for US traders (which will be resolved this week with hitbtc listing), wallets issues, whales accumulating more coins, weak hands and early traders taking their profits, strong USD demand in traditional markets and some more. In the bigger pictures, it doesn’t really matter.

This is a good and solid project with much, much more positive developments to come. I personally think the oracles aspect will be of great benefit. Especially for markets in which for example governments want to keep some form of control (read China). Also think their b2b solutions are great (eliminating need for coders on the client side). Just HODL this shit and good things will come over time.