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Not quite. "Behind the scenes," "ninja style," "quiet sleeping giant" what is really going on is Mijn will get all the utility and revenue while XEM was the pot of money that funded its development. Lon Wong was a shark who took everyone for a ride. Right on man, couldn't have said it better. The NEM Foundation is functionally retarded and has absolutely no idea what they are doing. DOGE is #22 now and coming on fast. It just doesn't get any more pathetic than that. To all those wishing to sell on this bottom, thinking that the coin has died, pay attention to the trading volumes of XEMBTC on HitBTC HITBTC: XEMBTC, W  and volumes are much larger than at ATH, of course they are not the same as for hyped projects, but relatively to the left side of the chart, they are huge. But also it should be noted that the hyped projects have the opposite picture - the volumes relative to ATH are much lower. I hope you do not need to explain why the "dying" coin is so actively traded? The price is hammered into someone's order on 1461 sats, buys out any volume, and you keep waiting for the bottom.   I completely agree with this idea: https://www.tradingview.com/chart/XEMUSD/lhly1KMV-Get-Your-Bags-Filled-NEM-XEM-IMOBy the way, when El Petro already starts? We need their traffic. Or are they waiting for the catapult? Sorry, those charts don't mean squat when the value constantly declining. I'm not saying start hyping this coin, but advertise more to get more exposure. That is what this coin is lacking. The community can only do so much. The development team has the funds for more advertising spend it. Still waiting for our silver and gold coin for original stake holders, they don't want to deal with it. Then spend it on f#*#@ advertising. This team has ignored the community when being asked to spend more on advertising, buy some youtube ads etc.. Why would investors keep hanging on to this coin when you're constantly seeing crap coins get ahead of this far more advanced coin, because they're doing advertising (call it hype whatever) at least they're doing what's right to get the name out. Take note XEM ranked #18 under VeChain lol. Yes I'm bitter about this as you can tell. You just have to see it from my point of view, im not hating, just saying. cheers. Meanthile we are working behind the scenes building partnerships and working with enterprise to use our blockchain, forget the hype, fundamentals will matter long term  |
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Right on man, couldn't have said it better. The NEM Foundation is functionally retarded and has absolutely no idea what they are doing. DOGE is #22 now and coming on fast. It just doesn't get any more pathetic than that. To all those wishing to sell on this bottom, thinking that the coin has died, pay attention to the trading volumes of XEMBTC on HitBTC HITBTC: XEMBTC, W and volumes are much larger than at ATH, of course they are not the same as for hyped projects, but relatively to the left side of the chart, they are huge. But also it should be noted that the hyped projects have the opposite picture - the volumes relative to ATH are much lower. I hope you do not need to explain why the "dying" coin is so actively traded? The price is hammered into someone's order on 1461 sats, buys out any volume, and you keep waiting for the bottom. I completely agree with this idea: https://www.tradingview.com/chart/XEMUSD/lhly1KMV-Get-Your-Bags-Filled-NEM-XEM-IMOBy the way, when El Petro already starts? We need their traffic. Or are they waiting for the catapult? Sorry, those charts don't mean squat when the value constantly declining. I'm not saying start hyping this coin, but advertise more to get more exposure. That is what this coin is lacking. The community can only do so much. The development team has the funds for more advertising spend it. Still waiting for our silver and gold coin for original stake holders, they don't want to deal with it. Then spend it on f#*#@ advertising. This team has ignored the community when being asked to spend more on advertising, buy some youtube ads etc.. Why would investors keep hanging on to this coin when you're constantly seeing crap coins get ahead of this far more advanced coin, because they're doing advertising (call it hype whatever) at least they're doing what's right to get the name out. Take note XEM ranked #18 under VeChain lol. Yes I'm bitter about this as you can tell. You just have to see it from my point of view, im not hating, just saying. cheers. |
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If the NEM foundation doesn't build use cases for the XEM token soon they are going to be in serious trouble. Wouldn't be surprised to see supernodes start quitting threatening the whole public chain. I am still 100% convinced the foundation is absolutely clueless in marketing and promotion. This is a typical problem of Asian-based coins though - no ability to communicate with the rest of the world and hyper arrogant to boot.
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LOL. You think Tron, EOS and Cardano are worthy of being in the Top10? Are you fucking kidding? NEM should be in the Top10 but they refuse to do anything to really promote themselves more widely in the crypto community or to hype and pump anything. All of that is necessary to be in the Top10 and NEM won't do it because they are arrogant.
it will get harder that's definitely true. But being in the top 10 now is something like being in the top 5 a year ago for example. The top 10 are getting harder to reach and at the same time much more worthy. It does take only some decent price push for NEM to get in there again, so I have no doubt it will happen soon.
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No one here gets what you're saying; stop trying. I just pop by to see if anything truly positive is happening from time to time. Looks the same to me! So in my last posts I was highly critical of nem and the lack of exposure/interest.
Is anyone else not concerned?
We have a extremely low volume, easily the lowest in the top 30
Nem Reddit sub is dead
Nem Bitcoin talk is dead save for a few regular posters
Nem official forms are even worse than the 2 above as far as being dead.
The meetups are good I guess. But I don't see how you're going to grow a huge user base 15-20 people at a time in random cities.
Just a list of concerns that really bother me about this coin. I want it to succeed and do well, but I'm frustrated by the lack of forward thinking and exposure.
I've held a large amount of coins for 3 years. I expect things to get better not worse. Instead of fading into obscurity I'd like to see relevance. Hype, hope, excitement.. something as opposed to the nothing we have currently. People are indifferent about this coin.. and that needs to change. If I had all the answers I'd post them. But I don't. At the end of the day it's the foundation's responsibility to ensure this coin succeeds. I hope they can do it.
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Let me clear that mystery up for you. So many people have been so terribly burned buying NEM over $0.30 that they simply don't do it anymore. It's interesting reading about the perception that NEM is kind of aimlessly drifting along, despite the numerous headlines posted to the Telegram news channel and the many videos that come out about NEM's various features almost weekly, some of which are official marketing channels. I wonder if what's lacking is something that ties it all together? Possibly redundant messaging?
I definitely see both sides. The marketing is definitely there... and yet, the feeling that it's not there is very real too. And the price seems to be stuck at 25 cents now no matter what Bitcoin does, which is also interesting.
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You're a saint man. I hope someday the market recognizes and rewards quality over BS. It just doesn't seem we are any where near it unfortunately. I don't even hold XEM right now and I'm concerned because it is a bellwether for the whole space. Slowly we are getting to the finish line  NEM mosaic exchange - checked Mijin open source - checked NEM mobile wallet with mosaic transfer - checked. And you can watch my video about it here: https://youtu.be/4Ze-qFCSOZoStill waiting on Catapult on the public blockchain though, but devs are doing their best! |
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I noted its P&Dness too and no one here or on Reddit wanted to hear it - how ironic for something that should be a hodl! Again, this is all because of lack of roadmap and communication. Stay tuned next month because... they just didn't do it nearly enough. Sell the silly shit and get new holders when they get dumped on and go underwater. They'll wait for the next pump - as long as it is coming and you will have actually gained base value. Despite its virtues it's always been treated like a pure pump and dump coin. That became clear when it started to get noticed and it hasn't changed. I lost plenty dicking around in earlier days with it. Now I buy in dead periods and occasionally offload in mad ones.
Mad phases will be back. They'll be back for everything no matter how good or bad they are.
Wait for the next pump. Nem will be there unlike plenty of other coins.
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That's great and I'm happy for your massive gains. That is the problem with you original holders though - you feel none of the pain of all those who came after you and got raped. That is why you aren't getting any richer. I've been here since the beginning. It's been 'ded' enough times before. Do what brings you joy.
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One major problem with NEM is they never had a clear roadmap which is what whales use as guidelines for pumping. They were so absorbed in getting everything right they literally forgot to generate any interest in what they were doing. Although, I think it had much more to do with the supreme arrogance of Lon than anything else. Basically, NEM ran so far ahead of the pack but didn't monetize that along the way. People hold a coin not for the current pump but for the NEXT one. NEM never had clear steps along the way of their development to coordinate that stuff so they are now way undervalued because in crypto 1 event = 1 event - content DOES NOT matter. NEM never, ever understood this. Now NEM is stuck having to perform and generate actual real world interest in people purchasing their token. Mosaic ICOs will not cut it for them now - that market is dominated and saturated by ERC20 and that is the end of it. Yes, they need companies to use their public blockchain (NOT Mijn!) and purchase XEM to do so. Good luck for now because actual usage beyond testing that would matter is 5 years away which might as well be 3000 years in crypto. 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?
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I foretold this whole situation starting back in February about Catapult being a dud market-wise and that NEM was headed for serious trouble due to their complete invisibility with or without the Coincheck hack and the incredible mismanagement of that. Told you all that EOS was going to run circles around NEM (even though they really don't). Took lots of shit for it. Sorry to say I "told you so." NEM straight up fucked themselves with their invisible approach. They're done. If you have no community, hype or marketing it is over.
I agree the 'ninja' shit stopped being an appealing idea a long, long time ago and it was not a clever move in the first place but it's also over now and efforts are being made. It doesn't need empty hype either. A little justified hype would certainly not have gone amiss. Right now a lot of seeds are being planted with NEM. If they don't lead anywhere its days as a top ish coin could well be over for the foreseeable future, but it will be chugging away long after almost everything else that's around now is dust. 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?
It's always, always had a pathetic lack of volume until it violently doesn't for short periods of time. Everything pumps again eventually as long as it stays above ground. |
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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?
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NEM, the invisible coin. Amazing. On top of that releasing Catapult (kind of) did precisely 0 good things for the XEM price. Pretty much what I predicted. This is what a project gets when it completely neglects community building and any real attempt at marketing/pumping/shilling. All very sad to see given the technology but the leadership of this project is just a disaster. |
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Voted YES. Good luck, NEM needs more USA exposure. Hey folks. It's been a long time since I posted. - My account, leoinker, has been compromised, and I get no response from admins in resolving the issue. I managed to lock the account, but that is it. I did use a very long and secure password, I operate on a secure network, and don't use weak OS, like Windows. Nearly all my online accounts have been being spammed with failed login attempts. The only one that was successfully hacked is this one on bitcointalk. I believe the security here must be weak. I really wish they would enable 2FA. Anyway, I want to share some exciting news: myCoinvest (a NEM project) is at final stage before being accepted onto the Shark Tank show. They plan to expose NEM to a huge audience, globally. Right now myCoinvest has a NEM Community Fund proposal running, and needs your support. You can view the proposal here.Please read the proposal, as well as the comments. There is much clarity given in the Q&A that takes place. To Vote YESsend 0 XEM to: NDNETT-57K3JY-7PGKJY-RS3DP7-GUFSKK-HMRUOD-JPX6 To Vote NOsend 0 XEM to: NCDLV3-GKAANX-Y5RPIR-CL4WMA-EOC5YO-QRGNCK-K2DX I hope you will all vote YES. myCoinvest is one of the first USA-based NEM projects, and has a goal to bring mass adoption of NEM to the United States. The USA is our weakest area of NEM adoption, and we intend to change that. |
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Could I just get a final clarification on XPX (ProximaX) being run on top of the current NEM blockchain? Is XPX just a mosaic on the NEM public blockchain, or is ProximaX running indepentently on another public blockchain (inspired by NEM tech)? I'm looking at adding to my investment in NEM(XEM), but need clarification on the PromimaX position. I read the whitepaper.
It is 100% a NEM mosaic. Do you know when the tokens are going to hit the exchanges? |
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This isn't about mooning moron. This is about simple PR and keeping up and meeting your potential. Establishing a name in the space people recognize.
maybe they just don't care about P&D and try to focus on the important stuff. It is easy to say that there is no marketing, but just because its not marketing to attract the end user directly doesn't mean there is none. They are targeting the companies and projects directly
These boys here crying for the moon literally understand nothing. NEM was one of the first coins to surge after the crypto market correction. It surged so much in such a short amount of time that it got overbought and the surge stopped. Now, it is taking a breather. After some longer period of breathing, NEM will surge again. The problem with these moonboys is that they really expect a coin to go up 10.000 % in 2 days and have 0 patience. |
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I hope you are right and they are working like hell "in the dark" to get everything running with real companies directly. The problem is they are going to fall so far behind in MC that any companies looking for blockchain solutions will automatically turn to the big players (Top 10) and not consider much else as serious (outsider CEO perspective: but no one does business with those guys, why should we?). Once this starts in earnest the network effect and number of devs available for those other platforms will be too strong to overcome for NEM. Positive feedback is a powerful force even if the underlying tech is sub-optimal. Because watching a project that has everything technically be pissed away by a bunch of neophytes with 0 social sense is painful. Let me guess: you were here from the presale days. If you had invested anything in the last couple of months or year there is no doubt EOS or Steem would have been a better investment. This is the problem you long-time hodlers just don't understand. Those projects are building the inertia and will have the resources to dominate - technology be damned. I love when people make excuses for NEM saying they are small and understaffed and overworked - well they are because they have no sense of marketing and riding some hype to increase their MC and therefore available funds. They just don't get it or are too lazy to do it or it is too late. Looking back, all I can say is I am really glad I invested in NEM rather than Steem which was built by the guy behind EOS
why so angry? maybe they just don't care about P&D and try to focus on the important stuff. It is easy to say that there is no marketing, but just because its not marketing to attract the end user directly doesn't mean there is none. They are targeting the companies and projects directly |
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Because watching a project that has everything technically be pissed away by a bunch of neophytes with 0 social sense is painful. Let me guess: you were here from the presale days. If you had invested anything in the last couple of months or year there is no doubt EOS or Steem would have been a better investment. This is the problem you long-time hodlers just don't understand. Those projects are building the inertia and will have the resources to dominate - technology be damned. I love when people make excuses for NEM saying they are small and understaffed and overworked - well they are because they have no sense of marketing and riding some hype to increase their MC and therefore available funds. They just don't get it or are too lazy to do it or it is too late. Looking back, all I can say is I am really glad I invested in NEM rather than Steem which was built by the guy behind EOS
why so angry? |
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Let me guess: you were here from the presale days. If you had invested anything in the last couple of months or year there is no doubt EOS or Steem would have been a better investment. This is the problem you long-time hodlers just don't understand. Those projects are building the inertia and will have the resources to dominate - technology be damned. I love when people make excuses for NEM saying they are small and understaffed and overworked - well they are because they have no sense of marketing and riding some hype to increase their MC and therefore available funds. They just don't get it or are too lazy to do it or it is too late. Looking back, all I can say is I am really glad I invested in NEM rather than Steem which was built by the guy behind EOS
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