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In fact nearly 70% of the IOP that have been created are never touching exchanges I estimate. So what you're seeing in a minority part of the created IOP that keeps on trading in endless scripted cycles with the occasional well intended follower or investor in between. The trading scripts provide a constant downward pressure it seems.
This is something that we try to alleviate through 'real world use', IOP needs to become used in every day life beyond transactions. We do this through our DID's, Claim verification and the collaboration with the univisersities
Can someone guide me what is the correct market cap of IOP right now...coz there is a huge huge difference in the price on bittrex and fatbtc....if we discount fatbtc then the market cap happens to be close to 500k only but coinmarketcap shows 1.2 m
It seems US regulatory bodies are heavily influencing the markets and trying to control what's going on. By any means they can. That doesn't stop us from doing what we want though, it's only sad for the US citizens that are in a situation that their freedoms are increasingly limited.
Sadly, no, the bittrex doesn't give an option for appealing nor does it give an explanation why, they are simply disabling the 72 coins orso for US customers. As it's a wider thing an not just limited to iop and even not limited to bittrex (several other exchanges have limited trading for US customers on various coins, large and small) it seems beyond our scope to do anything about it. To be clear, we have a very strong legal advice, recently updated indicating that we're good to be traded with the current strictest rule-sets. So we've done all that was asked from us and more.
In the end though, it's their call, we cannot force them to anything sadly.
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