Topic: Nem near 40% pump!!! (Read 439 times)
The current pumping of the cryptocurrencies market has really affected other coins and I think that is what nem is benefitting from and not because at the fundamental side some good news has flows into nem.
Atleast we can support decentrelised over centralised coin.
I think most of us agree with you, but human psychology is more inclined to money. So, the main thing is profit and and it does not matter which coin it is, afterwards we pay attention to the others.True. 99% of people, are interested in their profit. They are choosing those altcoins which (as the guys think) will be the best gainers. However, this thread about NEM gives the information I agree with. This cryptocurrency has many chances to climb up to the 5-7th places due to the market capitalization. NEM has already shown the bull growth, and I guess, the alt will not stop this rally.
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I like Nem over xrp becaus i found this is the best coin even it’s again smart contract creation platform it has done some agreement in Middle East in past . Now it’s pumping as it’s potential . Why can’t people choos nem over xrp . Atleast we can support decentrelised over centralised coin.
NEM was a project which people trust back in the early days of Ethereum creation but the main problem that I know or believe is real the problem while most smart contract(new project) and investors dont choose or invest much into NEM is because the team and developers involve are working collectively/simultaneously in terms of updating their wallet etc. and have conversation with the crypto community.Meanwhile, I dont see anything big about XRP which will make me invest into since it centralized coin.
It seems to me that everything will depend only on the actual number of promising projects on this platform. Of course, nem Wallet was in demand even for such a company as a sportfix and with enough good prospects. It is such projects that should raise the weight of such NEM.
I see NEM is one of the old altcoins that is still consistent with the development of their projects.
This is what causes many people to pay more attention to NEM. So I don't wonder if NEM is pumped up anytime or even in the near future.
When the project keeps on improving and still finding ways to develop and offers their platform to benefit more their user indicates that we'd been investing in a good coin. Now that the market recovers and bitcoin increasing, NEM is doing good too in developing that may leads more investor and user in the near future. This is what causes many people to pay more attention to NEM. So I don't wonder if NEM is pumped up anytime or even in the near future.
I see NEM is one of the old altcoins that is still consistent with the development of their projects.
This is what causes many people to pay more attention to NEM. So I don't wonder if NEM is pumped up anytime or even in the near future.
This is what causes many people to pay more attention to NEM. So I don't wonder if NEM is pumped up anytime or even in the near future.
I like Nem over xrp becaus i found this is the best coin even it’s again smart contract creation platform it has done some agreement in Middle East in past . Now it’s pumping as it’s potential . Why can’t people choos nem over xrp . Atleast we can support decentrelised over centralised coin.
If you compare these currencies only, I would definitely support you.
However, even if we do not touch Ripple, I would say that NEM can become one of the best tokens (I mean market cap) in 2-3 years. American crypto experts even said that it could be expected that NEM will take the third place and make Ripple go down. Probably, it is worth to listen to the point of view of crypto specialists.
Why can’t people choos nem over xrp .
Probably because the smart folks don't pay attention to pump and dump coins? 40% surge without any type of catalyst is a big red flag. I thought the partnership with the Zeux app[1] was what triggered the pump, but this app isn't even that famous so I doubt such news could trigger such a massive spike in the price.But as always, whenever I coin goes up massively in price, I recommend people to not fomo buy the coin as it's very likely the uptrend will stop and the early adopters will most likely dump on the newcomers.
1. https://twitter.com/NEMofficial/status/1128996622778523648
Huh? Bitcoin surged more than 40% and nobody knows what the so-called catalyst for this was. Besides cryptocurrencies are known for unexplainable rallies and crashes. This is a bad trader habit to assign news to price action.
I like Nem over xrp becaus i found this is the best coin even it’s again smart contract creation platform it has done some agreement in Middle East in past . Now it’s pumping as it’s potential . Why can’t people choos nem over xrp . Atleast we can support decentrelised over centralised coin.
There are many decentralized coins besides NEM, so why should it pump now? Are there any significant developments or releases?There is no fight NEM vs XRP. Both currencies are two out of many so the question is why would you choose one of the two over any other coin?
Note : I am not the holder of Nem or neither I am not having any intention to promote nem . But as a crypto currency true lover who actually loves the purpose of blockchain technology and its decentrelised nature I am supporting Nem.
I think now is not looking good and maybe we can have a grow only if will happen something, either a lot of people start buy Nem or if there can start a bull run like happen on 2017.
I think this one triggers the run. We all know that one big good news will always make the market to react positively.
This is not a pump I guess it just recovers from being dump. Check this thread From 1500 sats goes down to 800 sats. Now it recover back to 1k plus satoshi because of the good news about adoption.
Why can’t people choos nem over xrp .
Probably because the smart folks don't pay attention to pump and dump coins? 40% surge without any type of catalyst is a big red flag. I thought the partnership with the Zeux app[1] was what triggered the pump, but this app isn't even that famous so I doubt such news could trigger such a massive spike in the price.But as always, whenever I coin goes up massively in price, I recommend people to not fomo buy the coin as it's very likely the uptrend will stop and the early adopters will most likely dump on the newcomers.
1. https://twitter.com/NEMofficial/status/1128996622778523648
NEM is a hard one to just jump into as a trader i think
as with it's long history comes a large userbase
so you never know what kinda whales have been stacking
waiting for smaller fish to trigger their big moves haha
as with it's long history comes a large userbase
so you never know what kinda whales have been stacking
waiting for smaller fish to trigger their big moves haha
The current market conditions start to improve, but some people have not had the ability to sell in crypto. There are lots of newcomers, who are only one transaction to sell the bounty coins. After selling already they do not buy anymore in the market. Not only NEM however for all digital money in cryptocurrency.
NEM is very close to the goal in terms of decentralisation. Decentralised exchanges will be a future of the blockchain technology and big companies will take advantage of the blockchain based logistics soon. I prefer to pay with my anonymous currency on the shopping and I believe one day it will be possible.
Didn't follow the news much on NEM
But the last news i follow shows that NEM has financial problem
Anyone with NEM mind to share the current situation?
But the last news i follow shows that NEM has financial problem
Anyone with NEM mind to share the current situation?
In short, yes, early this year they announced a restructure due to financial difficulties - caused at least in part by falling crypto prices during 2018. Prices dropped as a result.
Last week they announced details of the Catapult upgrade, which saw prices surge - but maybe part of the surge was Catapult, and part was a delayed price rise due to the whole market rising whilst NEM was in difficulties.
I think they have been pretty transparent about the difficulties, which is a good sign. I still think it's a strong project.
Lol, the debate over who is best, chose me, and let's forget about the other, etc don't work anymore buddy! We all are in this ecosystem for reasons best known to us and hence you shouldn't be surprised at people's decision. NEM should build their platform and then the users will naturally troop in!!
I like Nem over xrp becaus i found this is the best coin even it’s again smart contract creation platform it has done some agreement in Middle East in past . Now it’s pumping as it’s potential . Why can’t people choos nem over xrp . Atleast we can support decentrelised over centralised coin.
There are many decentralized coins besides NEM, so why should it pump now? Are there any significant developments or releases?There is no fight NEM vs XRP. Both currencies are two out of many so the question is why would you choose one of the two over any other coin?
a good move from NEM which I think will also affect other altcoins, I hope the "green" color will meet in all markets. I also heard that XRP will also start its movement in June / July. isn't that a sign of the return of altcoins? 
All the investors are accept the NEM bull run in last month and this month, so all are waiting for the continuous improvement at the same time ripple is not a efficient crypto currency and this make profit or loss at anytime. Because XRP was against the Bitcoin so I don't like this concept and it will never satisfy in future. 
I'm sure most investors now doesn't care about centralized coins like XRP. Everyone is here to make money. So I guess people will go to where the money is right now, BTC,ETH, XRP. But I'm glad to see NEM is being pump, but it's very obvious that it's not organic though. So just be careful not to invest on top, otherwise you will be trap, just saying.
Yes you are very correct, people are no longer focused on the blockchain and what the technology has to offer anymore, but they are focused on how they could make money for themselves in the crypto space and would buy any coin they see as long as they where told that the price is going to increase within a short period of time, well this is very bad but I don't think it can be changed now because the mindset of the newbies coming into the crypto space has been corrupted by making them just focus on the price and not the value. Jump to: