One thing I don't understand about nem, maybe you guys can help explain it.
On our best days, we may hit $1 million in volume.. normally it's around $500,000 give or take.
All the other coins in the top 15 are at least $2 million volume, others are at 15, 28, 11, and 5 million
Why is the volume so low for a coin with a market cap of over $100 million? Not a whole lot of buying and selling going on obviously, so how is the cap so high?
or is that based on the value of the coin? Like if nem were valued at $1 each, our trade volume would be tens of millions, but since it isn't, volume is only 500k?
On our best days, we may hit $1 million in volume.. normally it's around $500,000 give or take.
All the other coins in the top 15 are at least $2 million volume, others are at 15, 28, 11, and 5 million
Why is the volume so low for a coin with a market cap of over $100 million? Not a whole lot of buying and selling going on obviously, so how is the cap so high?
or is that based on the value of the coin? Like if nem were valued at $1 each, our trade volume would be tens of millions, but since it isn't, volume is only 500k?
Most of the top coins you can trade on margin at polo.
NEM doesnt have this yet ... we're waiting for CryptoApex
zero inflation
and incentive to move coins out of exchanges (supernodes)
this lead to an enviroment that is less optimized for speculation/trading and more optimized for build a economy liquidity based on real services
this also means in fact when the actual walls are broken everything is possible.....
NEM can raise to the point when supernode owners start to sell their coins because they cant resist the marketprice
i dont know how high that will be
for me thats insane high.....
and at that insane high alone the supernode income alone make me happy so no need to sell the supernode base coins
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