Lost an ungodly amount of money on this one.
Is this coin still active/is there a roadmap for the future?
Yes, just be patient with. If you invest in a micro-cap coin, then then a 80-90% drop is completely normal. Best gains I ever had were after a 90% loss. 150x came after that. Micro caps are the future  this is good fact to keep in mind - we need to take the long view and look back to see if the past can predict future movements the beauty about this crypto market as opposed to the stock market IS THE HIGH VOLATILITY XSPEC starting to look like a good buy again What makes you say it’s a buy? Just seems like it’s all starting from zero again. There was no v2.0, stealth staking, etc... I’m stuck with this, and pretty annoyed tbh, so any good news would be welcome. |
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Lost an ungodly amount of money on this one.
Is this coin still active/is there a roadmap for the future?
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Some people think that investors have already left the coin.
Who knows the change in the future! Vcash still has some real life applications, which is a great advantage.
Investors have left, look at the price. These are the lows though-only growth potential from here. |
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Just to be clear, XSPEC holders just need to update wallet, and that starts automatic donations?
What’s the link to the new discord?
Also, when will WISP launch and when can one claim equivalent coins?
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I am an XSPEC holder.
If the coin is forking, how do I claim my WISP?
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Now there are a lot of analytical articles about the fact that NEM will become a real competitor for ETH. I think that makes sense. In a few years NEM will become a very strong platform if the project will also develop rapidly and sign contracts with well-known companies.
As one who's actually attempted to *use* the ETH platform, I can tell you NEM is much easier. It won't be long before others catch on. ETH seems to have better name recognition at this point, but NEM is starting to catch up on that too. Thats probably why venezuela decided to go with NEM lol  A fact that everyone ought to be ashamed of, not celebrating. I dont care who uses NEM, whether or not it be China, North Korea or Russia, the NEM platform is available for everyone to use free of any censorship. besides if they chose NEM because its easy to use, that says alot doesnt it? So it’s the tool of choice for corrupt authoritarians desperately trying to keep power. Cool!!!!!!! Let’s boast about that!!!!! |
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Now there are a lot of analytical articles about the fact that NEM will become a real competitor for ETH. I think that makes sense. In a few years NEM will become a very strong platform if the project will also develop rapidly and sign contracts with well-known companies.
As one who's actually attempted to *use* the ETH platform, I can tell you NEM is much easier. It won't be long before others catch on. ETH seems to have better name recognition at this point, but NEM is starting to catch up on that too. Thats probably why venezuela decided to go with NEM lol A fact that everyone ought to be ashamed of, not celebrating. |
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Some of the comments to that post are interesting too. There's one that says the value of having a platform open to all outweighs the risk that some might use it for evil. That's some good food for thought. It's the classic problem with freedom, which is that you (or others) are then free to make the wrong decisions. I’m not sure NEM is that kind of a system. I understood it as a corporate solution and that’s what it seems like it aspires to be (in contrast to a privacy coin for example, which might be more agnostic to its users). So I wish NEM had stepped in and disallows this. Surely there has to be governance over what is essentially fraud? Would NEM allow known scamcoins to ICO? I need to have a think, but this materially changes my interest in staying in NEM. I think you don't understand the fundamentals on which NEM and 99% of all cryptos are built. You can't prohibit anyone to use the tech, it's not possible. Doesn't matter which coin/platform Venezuela uses. The positive is, that under the thousands of coins they chose NEM, which is pretty impressive and speaks for its tech and ease of use. There are no positives here. Being the platform of choice for an irrational dictator is meaningless. I’m not against decentralization but to me decentralization=democracy, not anarchy. A community as a whole should be able to vote on whether it will refuse to support certain initiatives. |
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This is disgusting. Might as well help North Korea launch a coin next. At least the Twitter post isn’t jubilant like it was about the hack. But still... So you are saying that you want the NEM foundation to pick and choose what tokens are allowed on their blockchain?. Yes. |
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Some of the comments to that post are interesting too. There's one that says the value of having a platform open to all outweighs the risk that some might use it for evil. That's some good food for thought. It's the classic problem with freedom, which is that you (or others) are then free to make the wrong decisions. I’m not sure NEM is that kind of a system. I understood it as a corporate solution and that’s what it seems like it aspires to be (in contrast to a privacy coin for example, which might be more agnostic to its users). So I wish NEM had stepped in and disallows this. Surely there has to be governance over what is essentially fraud? Would NEM allow known scamcoins to ICO? I need to have a think, but this materially changes my interest in staying in NEM. |
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This is disgusting. Might as well help North Korea launch a coin next. At least the Twitter post isn’t jubilant like it was about the hack. But still... |
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Personally I'm invested in PIVX, cause I have the feeling they could pull a DASH this year.
There aren't many interesting PoS options besides PIVX in the privacy coin space.
XSPEC would be another on with stealth staking, but I don't hold any at this time.
What do you mean 'pull a dash'? DASH made x100 in 2017, but I know repeating that is optimistic. DASH had a market cap of 80 millions at the beginning of 2017, PIVX is at 340 millions now already, so give it a x20-30 if it reaches reach 10 billion in 2018. I love PIVX the most, and he is very interesting, specially because of Pos I love it the most... Yes Dash, I only hate Dash because one who has 50% of dash still can manipulate the price. I use decentralised coins, that's why we are here?... PIVX is cool but staff/core members are not so pleasent. they are not friend upon new members.. that's a red flag for me. How did we overlook SpectreCoin? One of the most fully-featured privacy coins (if not the most) and the cap is a paltry 30mm... |
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Prensa Presidencial @PresidencialVen @PresidencialVen #FOTO Así sostuvo reunión el Presidente @NicolasMaduro con representantes de la empresa Fundación NEM, previo al lanzamiento de la criptomoneda Petro NEM AND PETROCOIN TOGETHER  Wow! That could be a HUGE boost for NEM! The price could sure use a leg up  This is absolutely terrible, if I'm reading it right. NEM is going to issue and back Venezuela's cryptocurrency? That of an autocratic regime seeking to circumvent sanctions and raise money from foreign investors while letting its people starve? I don't know that NEM is issuing and backing Venezuela's cryptocurrency, so much as that cryptocurrency *may be* running on the NEM backbone. My understanding is that anyone can code a token to run on the NEM platform. That doesn't necessarily mean it's endorsed by NEM leadership. I figure a high profile token using NEM is good publicity, even if the people creating the token aren't the best, but I suppose it could be seen as a negative reflection on NEM. That brings to mind this question: Suppose the issuers of a given token are really bad people, and they run the token off NEM, can the NEM Foundation or NEM leadership actually stop them from doing so? My understanding is the answer is no, but I could be wrong. I imagine they can, but I don't know. I can't image Venezuela could have done this without the help of the NEM team though. This is pretty horrendous in all honesty. Crypto was meant to defeat such regimes, not enable them. This puts NEM in a horrendous light. |
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I am a miner and Verge has low difficulty, which I like. However it’s price shows it has been stagnant for a long time, not considering the bump it got in Dec.
It claims to be a privacy coin and I haven’t found the news about it showing its IP address. I might continue to mine it until I find a better coin and do more research.
Spectrecoin. One of the best privacy coins and it's worth nothing right now. |
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Prensa Presidencial @PresidencialVen @PresidencialVen #FOTO Así sostuvo reunión el Presidente @NicolasMaduro con representantes de la empresa Fundación NEM, previo al lanzamiento de la criptomoneda Petro NEM AND PETROCOIN TOGETHER Wow! That could be a HUGE boost for NEM! The price could sure use a leg up This is absolutely terrible, if I'm reading it right. NEM is going to issue and back Venezuela's cryptocurrency? That of an autocratic regime seeking to circumvent sanctions and raise money from foreign investors while letting its people starve? |
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Ah well. Looks like it's run away from them. Let's get it over and done with and move on. It's going to be a bit sucky for a while. Yeah things holding up well considering that it’s a one way selling flow in size. Hoping it’s nearly done. NEM will need some headlines to bounce it back though. Any ideas of what these might be? |
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In all seriousness what do you make of this price action, NEM suppresses on high volumes?
Hacking uncertainty, closed exchange wallets. I'm surprised it's held up this well. The hacker is clearly slipping through the cracks here and there but we don't know what's happening behind the scenes at exchanges. Something will have to happen on that front before there's any progress. I think we'll be in the doldrums for quite some time yet. Hopefully this is a crypto quite awhile ie 2 weeks, haha. Damn shame to see the reputation of the project tarnished. |
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You mean I won’t make infinite money quickly?  We do. But not yourself. Que? In all seriousness what do you make of this price action, NEM suppresses on high volumes? |
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That brought you out of hiding Yup. Ultimately it's a marathon, not a sprint. This is what people signed up for. There'll be phases of fatigue, boredom and pain. There'll be phases where it flies. No one gets one without t'other. You mean I won’t make infinite money quickly? |
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Thirded. Put a fucking sock in it.
That brought you out of hiding |
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