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bought another 205 PAY @ 0.00038999, and sent it to MEW to wait for my first PAYday  Not planning to sell, unless price is real high and I urgently need the money. No big expectations, but i have faith, and I do hope to get progressively bigger returns! Sorry for this question, but I'm new at this. What do you mean by "MEW"? thanks in advance. My Ether Wallet. A safe place to store your tokens away from exchanges. |
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This is part of the problem: https://www.reddit.com/r/TenX/comments/6m3v54/can_we_just_take_a_moment_to_discuss_this/(am I allowed to post reddit here?) These guys are supposedly "crypto analysts" and they don't even realize that the ridiculous $50+ prices were from HitBITC scam IOU's. Not only that, but at about the 1 minute to 1:30 mark, one of the dudes makes up a blatantly false recount of how Julian answered a question from a journalist in a recent vlog. These guys are absolute idiots, of course, but CoinMarketCap is also scaring off investors by including HitBTC in their data feed. So many people believe the price actually peaked at $80 and is now worth a paltry $1. I'm going to send CMC an email and ask them to remove that junk information from the chart. Please do the same if you feel the same way about this  EDIT: I'm going to tweet them actually. Here's the link: https://twitter.com/CoinMKTCap |
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Hi all, a urgent question !, Should I invest in some pay tokens at Bittrex right now ? could the price go up ?
What was the most $ ever per pay token, was it 55$?
That $55 was not real. It was an IOU on a sketchy scam exchange. It become legit approximately 24 hours ago on Bittrex. When it first got listed, people bought it for $9 not realizing they were overpaying (since the value of the coin at ICO was .80). Now, there's a higher demand for the coins, so it makes sense they are selling for more than the ICO price of .80. It has been trading steady today between $1 and $1.25. (This is its true market value at the moment, and has been it's ONLY true market value to this point) Basically, any price shown on the chart before July 7th 21:00 UTC was NOT the real price. The real price like I said is in the range of $1-$1.25. Hope that helps you make a decision |
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You guys do know, that the tokens are not IN the wallets, right?
You use the wallet to "see" them on the blockchain.
The smart contracts pays the 0.5% revenue to all addresses EXCEPT those of exchanges.
So people holding their PAY on exchanges won't get their revenue share.
Move PAY to an address you hold the private key and you will be part of the revenue share - which apparently will happen soon.
But will that extra eth that doesn't get sent to the exchange addresses get distributed amongst those that DO have them in their wallet, or will it go to TenX? |
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This is legitimately the floor for ICN. I'm jealous of people with extra fiat/btc who can take advantage. All my funds are already in coins |
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Looking at the chart on marketcap: https://coinmarketcap.com/assets/tenx/It seems as if tenx has reached it's minimal price? Does it really mean it's impossible for tenx to go lower than this other than when the supply is altered or it completely goes to shit(bankrupt-ish)? Thanks for your reply in advance. Hey dude! The CMC chart is all screwed up (you may know this). Those insanely high prices in the beginning were IOU's on a sketchy exchange. Then this morning when Bittrex got listed, someone initially arbitraged it for about 10x what it was worth. It's real value has been steady between $1 and $1.25 for the past almost 24 hours now. |
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The market has hit 92 billion and always bounces back at this point.. you guys are going to regret not getting in before everything starts pumping again.
Also, the 24-hour % is about to change from -98% to in the green in a few hours, and it will be surrounded by a sea of red as the other coins have all posted losses in the last 24 hours.
Now would be the time to buy before the pump.
Look at what happened to EOS on the kraken charts after 24 hours of being listed.
Do you think a coin pumps by itself? YOU FOMOS are the ones who are pumping the coins. People always have the idea that are some big whales that will pump the price up for them. Do you even realize that the common man is the one who is pumping the coins? The "whales" are just there to dump on you newbs. They are not there to give you money. Have you seen the charts for basically every coin that gets listed after an ICO? You call us pumpers, but you're a FUD'er.. why are you even here then? Probably to try and drive it down to ICO price so you can buy in since you missed out? Julian also said Chinese and international exchanges are in the coming days. Do you really think there's not going to be much higher demand than there is right now? Especially when the market overall bounces back up? |
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The market has hit 92 billion and always bounces back at this point.. you guys are going to regret not getting in before everything starts pumping again.
Also, the 24-hour % is about to change from -98% to in the green in a few hours, and it will be surrounded by a sea of red as the other coins have all posted losses in the last 24 hours.
Now would be the time to buy before the pump.
Look at what happened to EOS on the kraken charts after 24 hours of being listed.
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I was just doing a little analyzing with my friend in Discord... Does anyone have any real logic about why we won't see a repeat of this: This is bitcoin for April/May/June - The top one is 2016, bottom one today  It seems like Consesus hypes up cryptos, media picks it up, new money comes in, then the first to enter bag holders dump it on us when they realize it's not going any higher. We already realized all the new money, hype has died down considerably to anyone paying attention. The Ethereum hype was largely driving this market, bringing in new people. Look at how much the volume and price dies after those big spikes. There's never NOT a 40-50% correction after a spike such as these.. why would this time be any different? It seems like people are just not seeing clearly because we've been smothered with sweet, sweet gains lately. It obviously can't continue forever, but everyone wants to remain incredibly optimistic. Can anyone offer real reasons why we're not in for a 40-50% correction soon? Would appreciate legitimate discussion instead of "god damn weak hands" "HODL" etc etc You guys do realize the ones who got in early are going to cash out their profits at some point, right? |
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So if it says we have Pay Tokens we for sure in?
Because I couldn't get anything through until 8 mins after launch.
But I do have Pay Tokens.
FWIW I maxed gas and it ended up using 67,517 Gas
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Not to trying to bash NEM at all, but I saw on Reddit that Ethereum Raiden will be able to process 1,000,000 tx/s??
Is this going to make NEM obsolete? Or is the security of NEM its main selling point?
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This is my point of view, you do not have to agree on any of these points. Feel free to prove me wrong. See you in August.
Prove what wrong? All you did was tell us this is a bull market. We knew that already. You offered no reason why NEM specifically was going to rise more than other coins. Nobody is saying NEM isn't going to rise, but your reasonings can be applied to literally any altcoin. |
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Multiple new Nemers contacted me in private asking why I think it is better to buy XEM sooner than later. I have decided to answer them here.
So why NEM is expected to rise with rates much higher than any other crypto in history:
1- NEM community is constantly growing. -- So is every coin.
2- The crypto market is totally different today than any previous day in the past 6 years. The bull market is expected to sustain way much longer than any previous year. -- Again the bull market will benefit every coin, why are you saying it's going to make NEM rise more than any crypto in history?
3- BTC and Ethereum are expected to rise rapidly mainly due to Ethereum based tokens/ICOs, with that the whole crypto market cap is expected to grow rapidly. -- You keep saying the same thing.
3- As BTC and Ethereum continue rising there will be extremely high demand on diversifying assets. XEM will gain the majority of such diversification, the same if not more than what happened during Ripple spikes. -- There's no reason to believe NEM will get more of a share of the diversification than any other coin. In fact, it could be argued they would get less because they aren't announcing anything at all lately.
4- The majority of Ethereum tokens are over priced. Ethereum Tokens/ICOs investors will seek shelter sooner than later when at least 50% of Ethereum tokens starts to drop to their normal value. -- Same as above.. why would they go to NEM over any other coin?
5- On August 1st, a segment of the Bitcoin community will activate the BIP148 UASF. These users and miners will only accept Bitcoin blocks that signal support for Segregated Witness (SegWit), the protocol upgrade proposed by the Bitcoin Core development team. If, at that point, a majority of miners (by hash power) does not signal support for SegWit through BIP148, Bitcoin’s blockchain and currency could split in two: a coin-split. Now, with Bitmain’s hard fork announcement, it seems there could be a third part to the split. As we get closer to 1st of August and as there are lots of unknowns about the future of BTC awaiting us, you should expect BTC to either drops or rises sharply, The market direction by then is totally unknown and unpredictable. For that BTC holders will seek to diversify their BTC holdings or even temporary totally get out of their BTC position. If they decide to fiat, BTC will drop. It is much more likely that they will not fiat and decide to switch to alt diversification, in this case BTC price will spike sharply. Cause alts diversification usually leads to more alts diversification, which is actually the main reason why the whole crypto market is growing rapidly nowadays so expect more of such pattern sooner than later. In this case all alts will gain more market cap where XEM is more likely to gain the majority of which. -- Again there's more argument for NEM getting the exact OPPOSITE of what you're saying. Why is anyone going to pump NEM with this recent stagnation?
6- The closer we are to August with all the above listed concerns and market moves in addition to the release of Catapult, XEM might spike to 10x its current price mainly due to market circumstances. -- Catapult could raise the price, yes, but "due to market circumstances" is very vague.
7- Another scenario to consider: anyone who holds bitcoins at the time of a split will receive coins on both (or all) sides of the chain. In other words, you will get free "Bitmain bitcoins", which you can keep, sell or spend as long as someone is willing to accept them as payment. BTC holders might decide to hold BTC where BTC value might spike sharply over $20k. This might temporary stress ALTs market cap before it too spikes rapidly afterwards. -- Yes, all alts, not just NEM. Again, what is making you think people will want NEM?
8- Rapid NEM technology adaption due to multiple advantages over other cryptos + NEM network fees reduction. -- This is a legit one but it can also be said about tons of other coins that promise advantages.
9- The Japanese market support to NEM will sustain XEM value whenever a crypto bear market starts. -- If they are going to support it, they'd be supporting it now. They're not going to fly in to save the day if things go south.
While there are a lot of unknowns. One thing for sure is that we are heading towards very remarkable days in the history of crypto market.
Why NEM is expected to shine during that period? Cause with Catapult XEM will be stronger than ripple where it is expected to gain more than 50% of ripple market cap or at least grow equally "in the range of 10 to 15 Billion Market cap". By then the top 2 cryptos BTC+Ethereum on top of NEM will be totally unstable though spiking sharply. That will fuel more market cap flow to NEM in addition to the other top 10 cryptos.
Answers in bold. I'm a huge fan of NEM and have a lot invested, but these reasons have almost no logic behind them, save for 1 or 2. |
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