It's not just about speeding up development, but priorities as well. I am concerned that the team is chasing the ICO goose instead of focusing on more solid tech that would help Stratis and also Bitcoin over the longer term.

The market doesn't care about your personal needs and motivations, sorry. If you get into crypto thinking you can make huge profits, it doesn't mean the market needs to respect that. Which is why, try and be selective with your picks and hold through the rough times if the crypto will come out stronger on the other end. Otherwise, find a different asset class that doesn't have such high volatility.

In that case, I'd strongly suggest you sell everything. Maybe look into government bonds or certificates of deposits/savings accounts. That might suit your risk profile better. Good luck!

I am with you, but be careful with this sentiment. Hidden in your observation is the fact that Bitcoin is unchanging while 'alts' are changing all the time. This means, even if 'alts' survive, a specific alt may not. This is why you need to be careful picking them, and choose the high quality ones. Not all alts are going to come back once BTC recovers, only the promising ones with good tech and use cases will.

Time for what exactly?

It's better not to have such price targets. You really don't know that Bitcoin cannot fall below $3K. It's an educated guess based on previous cycles but history doesn't need to repeat itself. Instead, base your reasons to buy/hold based on adoption, technology, economics, etc. and you'll be in a much better position.

If you cannot wait it out, perhaps crypto isn't the right asset class to put money in?
If history doesn't repeat but rhymes, we'll see a great purge but the good ones will come out stronger on the other end.

They are not. People comment to spam to increase their post count, don't pay attention to that.

Valuation wise, yes, the cost structure of Iconomi doesn't support a good price now or in the past. With the drop in crypto markets, it might put even more pressure on the price.

If you guys haven't been in crypto for long, it might help to look up some past data to get a sense of these markets. It should also go without saying that crypto/alts/BTC isn't for everyone and if you don't have the temperament to research a lot and have a lot of patience through very high volatility, perhaps stay away from this market.

Then it's our duty to start that conversation and make it a more intelligent discussion than what the noobs are going about.

Let's start with the absolute basics then - what's the utility of BNT as a token considering ETH is better suited to be a reserve currency in the formula, and most relays would want to be listed against ETH instead of BNT anyway?

And perhaps going forward we can keep the discussion serious.

How long have you been following the crypto markets? The downturn is around on par with the previous downturns. It may last anywhere from 6 months to 2+ years. If you don't think you can hold through that period, perhaps crypto isn't the right asset class for you. If you can hold through that period, it may be worth considering a small allocation to crypto. This isn't specific to NEM.

ICN's initial marketing and whitepaper put it squarely in the security category in the US and likely most of the world. They changed bits and pieces, but the strongest case is that the returns to investors are dependent on the efforts of the management team, which still remains true. Exchanges are a bit hesitant to add tokens that look like securities due to regulatory pressures and because they don't have the necessary licenses to operate such exchanges for securities. Don't think this has anything to do with 'scam' though.

Lol don't blame Bitcoin for the market misery of the alts. The alts usually fall much more than Bitcoin in a bear market, and rise higher in a bull market. If this bear market becomes prolonged, expect this trend to continue for many more months.

Not everything can be VC funded. For example, if you're a remote team, your chances of getting funded are already slim. Not everyone lives in Silicon Valley or the US. ICOs are a genuinely novel and important way to fund projects.

That being said, yes, there is a lot of abuse and 99% of the them will likely fail. But lets not throw the baby away with the bathwater.

True. I wish Stratis focused on its technical roadmap of masternode and tumblebit instead of chasing after the ICO platform with questionable companies like Gluon. That would definitely make it stand out from the ICO crowd.

This is a good list, but lacks a few basic elements. The first thing I would need is to give returns not just in USD but in terms of ETH and BTC as well. That way, I can really see the under/over performance independent of the market conditions or my preferred base crypto (BTC or ETH).

It is better to sell now than panic sell later at a much lower price. Crypto bear markets can be brutal especially if you don't have an experience of living through one in the past.

It is hard to make a sustained return on ICOs since a vast majority underperform the market significantly. It is not a bad idea to slow down your ICO investments and put it into NEM instead, and make a small amount harvesting while waiting to ride out the downturn.

I think you mean 10x not 100x.

In bear markets, alts tend to underperform Bitcoin, based on past trends.

I think you should sell now, since NEM can definitely go down more, and so can the market. If your timeframe is few weeks to a few months, NEM is unlikely to deliver for you day in and day out, and it also comes with higher volatility as you rightly pointed out.

Just make sure not to come back to the thread in the next bull run about how you missed out to big gains or what not.