Get rid of the foundation, crowdfund a marketing team and help the developers still on board.
It's obvious the foundation is just a low effort scam grab cash.
That is an option as an alternative to funding the foundation with the community fund. |
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If the Dev hadn't called up the foundation in that post, the old members of the foundation would have carried on as they were and things would have been a lot worse. In my opinion it was a positive thing and a change of foundation is what was needed. Drastic changes now have to be made to make the foundation more streamlined and future proof. Short term pain for long term growth.
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Year ago, 1 NEM was at 12000 sat, now it's about 1300 satoshis. As BTC is 4-5x lower than before a year, it means ~ 40x decrease. And as we were on #4-#5 position year ago, now we're at #18 and constantly falling further. Maybe it's (the position on CMC) just means that here are more projects now, that are more interesting / overhyped / whatever ... despite of this or that, it's sad at all.
You haven't kept an eye on the USD price apparently. Again, it's almost the same. Spread all the FUD you want and waste your energy. You know what you are trying to do with your propaganda  Uh... "almost the same".. are you nuts? One year ago it was 80 cents a coin, today its $0.047 a coin. ...and almost $2 just over a year ago: https://imgur.com/a/wtDe15x |
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Short to medium term there will be drops in this bear market. This bear market can't go on forever, just like the bull market couldn't go on forever. Two sides of the same coin.
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Goes to tell you how much many of us value the general fundamentals and tech behind crypto currency. Many could have been millionaires, yet they held on. They know where the future is. Patience, strong mentals, little sacrifices and some luck is needed in this space.
I wish I agreed with your assessment. I think many people did not sell because of greed, not belief in the tech. I know that some of my bags were not sold because of it. I hope I get the chance to rectify my mistake. Also, can no one in this group share any good resource on Nem? I think it was a mixture of greed and belief in the tech and future long term outlook of NEM. There was a lot of shilling/pumping in the forums, social media, telegram etc, some people thought it would go to $5, $10 etc and some people got caught in the hype (while the shillers probably quietly sold). Some people may not have had an exit position (or did, but decided to not stick to it (which is gambling)). Either way, it's a lesson learned, and was the right decision at the time based on the knowledge at the time, so there shouldn't be regret as no one can easily predict the top or bottom. In the next bull run they won't make the same decisions again hopefully. In the meantime for anyone who regrets not selling, this is a good read: https://www.reddit.com/r/CryptoCurrency/comments/7rvkua/how_i_handle_crypto_regret/ Particularly this part: "2. I can only compare myself to the other me who didn't get into cryptos at all. That's your baseline to compare to. There really is no other baseline. It's damaging and outright delusional to compare yourself to the "perfect you" that always bought at the exact bottom and sold at the exact top. That you does not exist. It's a damaging fantasy that always leads to you beating yourself up about not making the most optimal decision at each and every turn. Cryptos can quickly lose its fun if you think along those lines". |
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Next ATH for NEM as well as BTC and most other cryptos isn't likely until Winter 2021. Bull run will start around late 2020 early 2021 building up to ATH around December 2021.
Are you a time traveler? Is John Titus from your timelime? No, I've come back from the future  Those predictions were based on my research, and a combination of upcoming events, fundamentals, and on previous trends over the last decade. Not cool. 2 straight years of famine here in crypto land. What do you think is the bottom on bitcoin and nem before they start going upward? I can't put a figure on the bottoms, but it's looking quite flat in the short to medium term, it will be a stormy ride in this bear market until around late 2020 when the next major bull run is likely to begin; building up throughout the following year and climaxing around Winter 2021. We're very likely to see highs exceeding the ones that were apparent in the Winter 2017 bull run. Disclaimer: This is not financial advice. Invest only what you can afford to lose. |
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Next ATH for NEM as well as BTC and most other cryptos isn't likely until Winter 2021. Bull run will start around late 2020 early 2021 building up to ATH around December 2021.
Are you a time traveler? Is John Titus from your timelime? No, I've come back from the future Those predictions were based on my research, and a combination of upcoming events, fundamentals, and on previous trends over the last decade. |
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And finally my personal price predictions:
- 2019 ~ 0.5-2 €
- 2020 ~ 2-4 €
- 2020-2022 ~ WTF
this year NEM will reach the price of $ 1, I'm sure of that. when the market starts bullish NEM will rise and NEM will be on the coinmarketcap top 10 list. i think it's impossibile to reach 1$ this year. I think that even 0.5$ can be hard to reach. I think we should just be more realistic. 0.5$ will be a huge result... We all thought $2 would never happen so soon but 2017 slapped us all. No price predictions, just let it ride. Next ATH for NEM as well as BTC and most other cryptos isn't likely until Winter 2021. Bull run will start around late 2020 early 2021 building up to ATH around December 2021. |
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Which is the better deal
Buying XEM with BTC at price of 1600 Satoshis each a few weeks back (10.7c at the time)
or buying XEM with BTC at a price of 1868 Satoshis each (6.14c) yesterday
or today 1827 sats (6.5c)
do you see my point?
Cheaper at satoshi value, but dearer at cents value...
Why do you care about cents or milli-cents or Satoshis? Do you want to invest longterm in NEM? Then you should not really care about such less differences. It does make a difference when buying hundreds of thousands of XEM. I had bought some at 1600 sats which was 10.7c at the time. However, later the $ price dropped to 6.14c = 1868 sats at the time, in dollar terms it seems cheaper, but in satoshi terms more dearer than I paid before. |
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Which is the better deal
What do you want? More dollars or more BTC or even more XEM? What do you believe in the most? What's your endgame? Believe in XEM and BTC most. The endgame is to buy it at the best value price, and then hold the majority long term and cash out some mid term for daily living costs. If I could pay my bills, energy costs, grocery etc in crypto I would! |
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Which is the better deal
Buying XEM with BTC at price of 1600 Satoshis each a few weeks back (10.7c at the time)
or buying XEM with BTC at a price of 1868 Satoshis each (6.14c) yesterday
or today 1827 sats (6.5c)
do you see my point?
Cheaper at satoshi value, but dearer at cents value...
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Thanks for sharing this. The second article provides real wealth of bitcoin related information. There are many interesting points (like comparing the volatility of gold with the volatility of bitcoin), but what I found especially interesting is this: Its censorship-resistant nature provides an attractive alternative to the private offshore banking system currently estimated to hold ~$8 trillion for individuals. I wonder to what degree people are aware that bitcoin is such an alternative? I guess they are not really aware. It is a huge space that one day bitcoin could potentially disrupt. Agree. It's a massive untapped market. Even if a small percentage of of these users used Bitcoin as an alternative to private offshore banking system would substantially increase BTC USD value (and also save vast amounts on private bank fees); they'll actually own their private keys rather than putting their trust in a central authority, free from censorship/sanctions etc. The gold market is another $trillions untapped potential, BTC is more divisible and portable than gold as a store of value to name a few of its strength. |
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A couple of interesting reads on Bitcoin future price: University of Cambridge UK - 2ND GLOBAL CRYPTOASSET BENCHMARKING STUDYhttps://www.jbs.cam.ac.uk/fileadmin/user_upload/research/centres/alternative-finance/downloads/2018-ccaf-2nd-global-cryptoasset-benchmarking.pdfTheir ending note was: Statements proclaiming the death of the cryptoasset industry have been made after every global ecosystem bubble. While it is true that the 2017 bubble was the largest in Bitcoin’s history, the market capitalisation of both Bitcoin and the cryptoasset ecosystem still exceeds its January 2017 levels –- prior to the start of the bubble. This report has shown that the speculation of the death of the market and ecosystem has been greatly exaggerated, and so it seems likely that the future expansion plans of industry participants will, at most, be delayed. The State of Bitcoin Long-Term Value Potential & Analysishttps://bit.ly/2UQBL95 |
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...and when it was found out that nelz was buying votes for people to vote for him as vice president, things really kicked off in that thread and on other threads. Here are the 500 XEM fees buying votes around October 31st - 1st Nov: http://explorer.nemchina.com/#/s_account?account=NAWKOISECI5NCAS2PGZMRPHLM3CY25WRBVIENKR2 nelz is leading in the official whitelisted VP poll, and should be disqualified due to buying votes. Hence why they didn't want a POI vote. |
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One of the International Monetary Fund's top officials warned on Tuesday that storm clouds were gathering over the global economy and that governments and central banks might not be well- equipped to cope. www.reuters.com/article/amp/idUKKBN1OA0SGThis is good news for crypto in general. |
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hi how to access my wallet using private keys nano wallet is asking for password i already forgot my password but i got my private key.
Go to tech support on nem.io, there's probably already a post or knowledge base about this. |
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