I think that ninja nonsense was just something people told themselves to justify the lack of communicating and marketing. Someone said it and it has been repeated a bunch of times since then. Really disappointing how the foundation is handling things. There was an announcement months ago about Lon leaving and a new marketing team being put in place and a big marketing push.. but nothing has really happened other than a few shill articles on obscure crypto websites.
We need something that will truly move the needle or we're totally fucked. In reading interviews with the devs and others associated with the coin, I honestly believe them when they say they don't care about price.. and that much is obvious. Makes no sense to me. We're gonna lose so much marketcap and one more big slide and this coin will be out of the top 20.. and it's coming. Vechain is slowly creeping up while we fall.
Very frustrated with how things are being managed. This coin should be showing everyone else the way, instead they seem content to eat the crumbs left by the real big dogs.
Any constructive criticism for the foundation / marketing team? It's not like they're not doing anything. They just spent A LOT of money on the consensus pavilion, for instance. Granted, the success of that is somewhat debatable.
Development of catapult is ongoing, but slooooow. Wouldn't a HUGE marketing push now be a bit counterproductive?
Do you really think a public roadmap would make any difference? Imo, it seems like there's still a general awareness problem.
I don't think there are any constructive ideas to wait for.
Mostly the people only claim to be interested, but all they are interested in is the price. There were no Fudder at 1$. The only thing the complained is that they haven't bought earlier.
It would be wrong not to be present at Consensus or the other major events, but it´s true that the actual impact is hard to catch.
I have actually no problem with catapult taking its time and the marketing would solely make everyone more impatient.
But it sure would help most people to have some milestones or dates to look for. I can understand the demand of a roadmap because it is easier to wait for something defined.
Of course everyone is interested in the price. Very few people can afford to be an idealist and HOPE the coin takes over as some mega solution for the future 10 years down the road.
The foundation can because they're sitting on a ton of money, even at .25 cents. But for average joe schmoe who is buying and selling trying to make a buck, then the price is very important.
By that same token, price is what drives interest, and interest drives price. You can't have one without the other.
How the foundation expects to grow some massive userbase with a coin that is severely undervalued/underhyped that nobody knows about is a mystery to me.
I'm no expert, but barring some MAJOR announcement/partnership their current course of action seems to be underwhelming and will probably cause the coin to continue to slide. Which affects interest, which affects price, which affects interest some more.. not a nice cycle to be caught up in.
Look at coins like Tezos. It's not even released yet and there is a ton of hype and excitement for it. I guarantee it will shoot up to the top 5 or so and stay there once it is launched.
We've seen the same thing in the past with coins like Ether and Ripple which launched/started with a ton of hype and excitement, and they are flying sky high in terms of volume, awareness and marketcap. NEM is going in the opposite direction and it's frustrating to watch as someone who has held this coin since launch in 2015. I held through $1, and held through $2. But I wonder if I made a mistake in doing so.. especially since we seem to be drifting along aimlessly.