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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 414. (Read 2985369 times)

full member
Activity: 230
Merit: 100
Can someone please explain why the price is stagnating so much after the big crash a month ago ?

It looks very weird, even Whales aren't pumping it.

XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally.

NEM will blow up soon. There is no question a rally is coming very soon.

How are you so sure? Do we have any more visibility on the release date of Catapult?

Just take a look at recent steemit posts such as this one: https://steemit.com/nem/@bhanzelhoff/i-think-nem-is-prepared-to-blow-up

This has become a known fact by now. I don't know anything about Catapult release date. But one thing I know for sure is that NEM DEV team never delayed a promised release. If it will be delayed it would be one or two weeks maybe a month at max. So be sure by the end of August beginning of September catapult will be already released.

Also check this one: https://steemit.com/ethereum/@benjust123/etheruem-is-it-a-victim-of-its-own-success

OK so you're just pointing to links by some chartists who say that NEW will go higher based on the technical. Far from a sure thing. I'm a big investor, 1mio+ coin and would love to see it higher but I believe only in fundamentals I.e. a change in the story I.e. Catapult. Charting has no statistical validity in my mind.
sr. member
Activity: 504
Merit: 250
I bought a 7000 XEM at a price of 9150 sat. What should I do? Sell or hold? What is the opportunity to make a profit, because the price of XEM is falling more and more.

If you need the money sell ASAP. If you don't, hold. Nobody can predict the market. Your XEM will eventually either be worth nothing or a lot. Most of us here are betting the latter but nobody knows the time frame. One thing for sure is it's going to be a bumpy ride so only invest money you can afford to lose and you won't stress as much when the roller-coaster starts.

correct if you needed money you can sell it this time. but if not, just hold your tokens. but i can suggest that even if you needed the money, just only sell the half and hold the other half. or maybe take your capital and hold the profit. do not sell it all if i were you.
member
Activity: 85
Merit: 10
Quote from: airSPACE link=topic=654845.msg19698356#msg19698356 dateb=1498078437
It's a coin that is in top volume every-single-fucking-day on Poloniex. It should move more.

Nope, unless you are talking top 20. XEM has very low volume:




As an early investor in NEM/XEM, i would like to give my opinion for what it's worth.  I too believe that the core Devs should be congratulated
for the success of the NEM platform.
 
I am concerned, however, that the many fine features of NEM are being overlooked in the private/public sector because of a lack of marketing and
awareness.  I think it's important to remember the advantage of a first mover in the market.  More businesses and banks, for example, are likely
to incorporate the NEM platform into their financial scheme if a contact person communicates with them.

As you can see, there are many cryptocurrency coins competing with Bitcoin to be the next first mover.  I believe that it is important for NEM/XEM to be
marketed aggressively to gain a first mover advantage so that banks and businesses consider its' adoption.  A full time marketeer would be able to
promote and raise awareness of NEM/XEM and gain a first mover advantage in the private/public sector.  This would hasten the adoption and valuation
of NEM/XEM.



hero member
Activity: 619
Merit: 500
Go Bitcoin
Join our official Telegram NEM rooms to speak with the rest of the NEM community.
See you there! (as of 22-June-2017)

What is NEM?
NEM is a peer to peer platform and it provides/will provide services like payments, messaging, asset trading and smart contracts. There shall be a lot more to come as NEM shall be an evolving solution. https://youtu.be/DFB81hFs-Bg

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NEM Link List 2017 (as of 28/3/2017)
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full member
Activity: 280
Merit: 100
Just Believe in trusted/transparents Proyects
Xem will fly to the end of this year I think (and pray for t) will be about 1$ to  10$
Why ? Months ago Xem price about 0.01 0.02 $ now about 0.1987 $ so *10
Regards
sr. member
Activity: 313
Merit: 252
Can someone please explain why the price is stagnating so much after the big crash a month ago ?

It looks very weird, even Whales aren't pumping it.

XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally.

NEM will blow up soon. There is no question a rally is coming very soon.

How are you so sure? Do we have any more visibility on the release date of Catapult?

Just take a look at recent steemit posts such as this one: https://steemit.com/nem/@bhanzelhoff/i-think-nem-is-prepared-to-blow-up

This has become a known fact by now. I don't know anything about Catapult release date. But one thing I know for sure is that NEM DEV team never delayed a promised release. If it will be delayed it would be one or two weeks maybe a month at max. So be sure by the end of August beginning of September catapult will be already released.

Also check this one: https://steemit.com/ethereum/@benjust123/etheruem-is-it-a-victim-of-its-own-success
sr. member
Activity: 313
Merit: 252
Can someone please explain why the price is stagnating so much after the big crash a month ago ?

It looks very weird, even Whales aren't pumping it.

XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally.

NEM will blow up soon. There is no question a rally is coming very soon.

How are you so sure? Do we have any more visibility on the release date of Catapult?

And what do you think the next price target is?

In general dropping 30% or even 50% is pretty normal in the crypto world. This shouldn't scare you by any mean. You only lose when you sell low. If you already bought some NEM at a higher price I would advice you to hold on and never sell at a lose cause a rise is coming no question about that. I personally think NEM will rise in a crazy rally in few days. But I might be completely wrong. You should make decisions on your own.

If a rally didn't start within days it will in few weeks. If not, it will in few months. The maximum it will take for the next rise is 6 to 8 months. So you have to ask your self a simple question. Can you be patient enough to hold for 8 months? If yes, so nothing to worry about even if the price drops 80%. Dropping 80% is also very common for BTC. It usually drops 80% in a bear market then bounce back with all time high in 3 to 8 months.
sr. member
Activity: 313
Merit: 252
Can someone please explain why the price is stagnating so much after the big crash a month ago ?

It looks very weird, even Whales aren't pumping it.

XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally.

NEM will blow up soon. There is no question a rally is coming very soon.

How are you so sure? Do we have any more visibility on the release date of Catapult?

Just take a look at recent steemit posts such as this one: https://steemit.com/nem/@bhanzelhoff/i-think-nem-is-prepared-to-blow-up

This has become a known fact by now. I don't know anything about Catapult release date. But one thing I know for sure is that NEM DEV team never delayed a promised release. If it will be delayed it would be one or two weeks maybe a month at max. So be sure by the end of August beginning of September catapult will be already released.
newbie
Activity: 10
Merit: 0
i'm over halfway to 10000 xem  Cool

also holding fastcoin, sia, and iota!
hero member
Activity: 491
Merit: 514
It's a coin that is in top volume every-single-fucking-day on Poloniex. It should move more.

Nope, unless you are talking top 20. XEM has very low volume:


hero member
Activity: 669
Merit: 500
newbie
Activity: 18
Merit: 0
Can someone please explain why the price is stagnating so much after the big crash a month ago ?

It looks very weird, even Whales aren't pumping it.

XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally.

It's a coin that is in top volume every-single-fucking-day on Poloniex. It should move more.

I might understand what the other guy is saying, that the price is manipulated, but it's only hitting resistance @ 8k without moving anywhere else. Just bots selling among themselves.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Price targets are not predictable for crypto currencies. There were so many predictions in the past and almost all were wrong more or less.

The release of Catapult is a major event for NEM ecosystem. So it is very likely that it will influence the price positively. I expect it but I do not predict it.

Ultimately all it is is nice software.

The question is how will this software be capitalised upon and who's going to do it?
hero member
Activity: 924
Merit: 556
Price targets are not predictable for crypto currencies. There were so many predictions in the past and almost all were wrong more or less.

The release of Catapult is a major event for NEM ecosystem. So it is very likely that it will influence the price positively. I expect it but I do not predict it.

Can someone please explain why the price is stagnating so much after the big crash a month ago ?

It looks very weird, even Whales aren't pumping it.

XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally.

NEM will blow up soon. There is no question a rally is coming very soon.

How are you so sure? Do we have any more visibility on the release date of Catapult?

And what do you think the next price target is?
full member
Activity: 230
Merit: 100
Can someone please explain why the price is stagnating so much after the big crash a month ago ?

It looks very weird, even Whales aren't pumping it.

XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally.

NEM will blow up soon. There is no question a rally is coming very soon.

How are you so sure? Do we have any more visibility on the release date of Catapult?

And what do you think the next price target is?
hero member
Activity: 491
Merit: 514
I bought a 7000 XEM at a price of 9150 sat. What should I do? Sell or hold? What is the opportunity to make a profit, because the price of XEM is falling more and more.

If you need the money sell ASAP. If you don't, hold. Nobody can predict the market. Your XEM will eventually either be worth nothing or a lot. Most of us here are betting the latter but nobody knows the time frame. One thing for sure is it's going to be a bumpy ride so only invest money you can afford to lose and you won't stress as much when the roller-coaster starts.
full member
Activity: 230
Merit: 100
Can someone please explain why the price is stagnating so much after the big crash a month ago ?

It looks very weird, even Whales aren't pumping it.

XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally.

NEM will blow up soon. There is no question a rally is coming very soon.

How are you so sure? Do we have any more visibility on the release date of Catapult?
sr. member
Activity: 313
Merit: 252
Can someone please explain why the price is stagnating so much after the big crash a month ago ?

It looks very weird, even Whales aren't pumping it.

XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally.

NEM will blow up soon. There is no question a rally is coming very soon.
sr. member
Activity: 313
Merit: 252
What is going on with XEM?? The price falls down and it looks like XEM will fall to 5000 - 6000.

All crypto market is going down today. So NEM is fine compared to the performance of all other ALTs. NEM actually didn't fall back as much as others. Ethereum is bleeding now due to network scaling issues. A NEM rally might hit at any moment cause of that.
sr. member
Activity: 313
Merit: 252
DIMCOIN, the Future of Equity on Blockchain, Proudly Announces ICO


https://coinidol.com/dimcoin-announces-ico/

"The DIM-COIN has a quantity commitment of 9 billion coins with the initial price starting at $0.01."

Good to see another NEM based ICO but an initial valuation of 90 million seems way too high. I haven't gone through the entire white paper but hard to justify that price IMO.

You are right, it is way too expensive!
Ecobit is even more expensive, it makes no sense at all.
ICO is not for collecting money to start a project anymore,
it is just for take the money from people who have no idea.
Status is also a good example for that!



0.01USD is expensive? I wonder what's cheap for you.

I haven't gone through the whitepaper too but this is a good start for NEM. NEM platform is already mature enough for some tokens to be created on its chain. We're all waiting for all these to happen.

Man, you have to keep the market cap in mind!
DIM has 9 billion Coins, with this price the market cap would be round about 90 million $!
Do you think DIM is 90 million worth right now!?
Then go and buy some...
NEM hast the same value of Coins, what was the price of XEM at the beginning?
Think about that...


We are in a new era now. ICOs are very valuable for the crypto market. ICOs are the main reason why the bull market is still sustained. We might not see a bear market at all this year if not next year either. Unfortunately more than 50% of the ICOs will fail. You've got to be too careful investing in any. I think 2018 will be the year for NEM ICOs. Perhaps all awaiting catapult.

It has nothing to do with the new era!
It is just a simple mathematic calculation!
I am not saying that these Coins are scam, but the price will not go up when they are tradeable on the market for a long time.
The price will even fall imo, just because the ICO was too expensive....
That is not the way ICO's should be,
because it is always a risky investion with the hope to get more money back and not less!
But it is the fault of the people to be stupid enough to pay mostly everything the investors ask for!
If the people won't do that, we would have fair ICO's again...



Absolutely, but this is based on theoretical technical/foundation analysis that I totally agree on. However, what is happening in reality is totally different. Reality doesn't have to always reflect technical analysis. Look at litecoin for example is it realistic where it is at now in market cap? Absolutely not. It is the community behind litecoin that is pushing it this way. Do not under estimate communities behind new projects/ICOs. If an ICO is 100% honest and gathered 1000% more than they need, one point you should consider that this is a reflection of size of community that will support it in the future. This is perhaps in case they wouldn't dump and run as soon as its available on exchange.
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