I see NEWBIUM more and more popular but price on c-cex go down ...
its because people got free coins from post bounty and they sold out immediately. but price will rise again,may be more higher then we expect.
But Post bounty paying in BTC
My opinion about NEWB_NXT going down is because of the current post bounty.
Actually, investors have put
BTC in the project because they believe in it. However, this post bounty "distributes" those
BTC to NEWBIUM platform users. Then, investors may think those posting users take the current bounty for a cash machine, and that the project has no more interest and will die.
However, NEWBIUM is a long term investment, people who went in early know it, and are holding. Only few people sell, or because they think the bounty is killing the project, or because they changed their mind about how to make profits (or many other possible reasons).
Even if some users may take NEWBIUM as a cash machine, this doesn't matter too much considering they only are a few, that non original content aren't rewarded, that the higher quality the higher the reward, and that those users are needed (to make the platform known) and will forever exist. This bounty gives datas to NEWBIUM's team to adapt the reputation and reward future system. This also is, if we think in a short term vision, a bad thing, because the team is "loosing money". If you however think long term, you should see this post bounty as an investment, this is a pretty good thing because reward and reputation system will have strong bases, strong enough to last long.
By the way, something to remember is that what will make NEWBIUM successful and profitable on the long term, is NEWBIUM brain.
But for this brain to work, there are several steps to cross that can make fluctuate the price. This is where we will see who will panic sell, even maybe at loss. People thinking long term, and believing in the project will be then free to increase their NEWB bags at low price.
Finally, everybody should remember than NEWB_ETH have been distributed, but there is no exchange yet. I guess that NEWBIUM team will do its best to have a good exchange (bittrex currently being targetted), and then to put light spots on those tokens, and necessarly on the project.
