No it's normal range. If NEM was declining for real then there would be a lot of dissent. It's quite the contrary. It's extremely quiet at the moment. NEM has little discussion activity since alpha is out and this time of year many people are taking their three to eight week vacations.
What happened was hype drove up the NEM price to 35,000 NxT and now it's correcting to around 25,000. Volume did skyrocket but that's normal during a correction, as there's money made day trading between every down and up hiccup.
Not a day trader by the way - just saying for what it is and every alternate follows this pattern. It's currently a good opportunity to buy as, when subsequent alpha updates are released, NEM will likely hit 40K.
I think that the price won't seriously gain until there is a firm date for release of the currency. Once we announce that date, I would expect people to start to get on board really fast.
Sorry Makoto for my stance on logo issue. We obviously have a difference but I respect you for the works you have done. I think it will work out in the end but I am not going to hold back my opinion. I am a high roller and talking straight is the way I am.
Don't worry
I don't think our current logo is perfect, either, and am still trying to play around with ideas.
I don't mind criticism, as long as it is specific and helpful (i.e., why, not just what; without knowing why, no one can improve).
Fortunately, your criticism has been mostly helpful.
If people agree, I think it would be best to have the logo discussion here:
http://forum.nemcoin.com/index.php?topic=2228.0Right now there are at least 4 different places I have to check to see what people are saying about the logo/NEM design, so it is really easy to miss important comments from people. Let's consolidate this a bit.
