This is why I sold everything beginning of May and am damn glad that I did. No one cares about this project, period. What will happen is EOS will implement some inferior technology which everyone will herald as the best thing ever and everyone will use it. NEM straight up fucked themselves with their invisible approach. They're done. If you have no community, hype or marketing it is over. Companies will be reluctant to even pick it up simply because "no one else is using it." Very, very sad but possibly true. The whole $2 run up was a giant fluke that all started with that stupid chinese chat app rumor and was piled on by a hyperactive market we will not see again for a long time. Nothing to go by and had nothing to do with tech or awareness.
I truly believe in this coin and honestly think it's one of the best out there. But I don't think the vast majority agree with that statement. Nobody seems to give a shit about it, and that concerns me.
I used to think that catapult would "catapult" nem onto the main stage and in the spotlight. But I wonder if catapult mainnet will even move the needle. With the way things are going I think not. If a superior solution exists and nobody cares about it, is it really superior?
I understand the whole market is down and that plays a factor, but a bigger problem is the coin itself and lack of marketing and awareness. Although on the plus side, Last time we had a big lull like this we came storming out of nowhere to reach $2.
This pathetic lack of volume compared to the rest of the to 15 is really concerning to me. Am I the only one who feels this way?
There's an old saying that goes: if one person is the problem, they're the asshole. If everyone is the problem, you're the asshole.
Are we (nem holders) the collective assholes?
We're in a new cycle now, the crypto hype is being replaced with the reality that no crypto project can meet expectations, and EOS will be just another Pets.com that fails to live up to the bloated price it trades at today.
NEM has a proven dev team, and a good product, it'll be around for a long time!
Batten down the hatches, EOS will fail to live up to expectations and herald another waive of crypto doom ...