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Author Topic: SONM keep falling...  (Read 1697 times)
Lucacrebbe (OP)
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September 28, 2017, 10:26:29 AM
 #1

I saw the  dayly timeframe  chart on binance and  it's  BEARISH
What are your toughts about it?  It's  at  10 cent...compared to its  competitor  ''golem''  which  keep on rising....  so  which is  the best bet in your opinion?

slaman29
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September 28, 2017, 10:31:12 AM
 #2

It's still suffering from Post Mega ICO blues, as I call it. With all those hundreds of millions raised from the likes of Bancor, SONM and EOS, there is more pressure downwards on price rather than upwards. Every cent needed for a price increase needs huge volumes to move.

ICO investors, since the majority were looking for quick profits, are just now dropping off one by one. Months are too long for them to wait, so price is just letting down on increasing pressure.

(Hint: good time to buy yes?)

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krazy89
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September 28, 2017, 11:32:59 AM
 #3

good , lets falling harder so i can buy more , i love weak hands , they make me rich  Cheesy Cheesy
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September 28, 2017, 12:13:09 PM
 #4

SONM is definitely a good buy right. Their slack is active, they have new additions to their team and showing consistent activity on github. They are not focusing on marketing right now and are active on their actual product. I believe they are even speaking at a conference this weekend in London and will be on Binance soon. This will be a long hold. Disclaimer, I have invested a small amount in this team but was not a part of the ICO.

nuskill
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September 28, 2017, 12:15:55 PM
 #5

Well Xel aka Elastic quite a similar product also is quite week. Or just think about the time golem needed or still needs.

Supercomputers might just have their time in 2018

jules-jules
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September 28, 2017, 02:31:24 PM
 #6

I agree with above posters. SMN has imo bottomed out, so this makes it an interesting buy.
duyduc256
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September 28, 2017, 02:44:20 PM
 #7

SONM is definitely a good buy right. Their slack is active, they have new additions to their team and showing consistent activity on github. They are not focusing on marketing right now and are active on their actual product. I believe they are even speaking at a conference this weekend in London and will be on Binance soon. This will be a long hold. Disclaimer, I have invested a small amount in this team but was not a part of the ICO.
I think listing on Binance is not an option to help SNM raise prices. They need a product that works well and connects more partners to develop more of their project, if they do this surely SNM will go to the moon.
devollito
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September 28, 2017, 04:11:03 PM
 #8

Yes it is. It 8s because they did not check which whale dumper who bought the token. Did not like cindicator which use white list. This crypto world still too wild. Whale take advantage of it. Thats why you need to be very carefull before inveat in it.
PAKYU
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September 28, 2017, 04:33:36 PM
 #9

All the people was waiting for big exchange to dump their token. Binance listed and people dumped it. It would be example to other ICO participant.
rally
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September 28, 2017, 04:54:17 PM
 #10

even at the ico stage it was clear that it was not worthwhile to buy a sonm. They had scandals about changing the conditions of presale

go4crypto
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September 28, 2017, 05:17:37 PM
 #11

SONM chart is  not bearish but very mildly bullish.  It has not gained since ICO.
There are many others like it. It will take some good news or release or a big crypto rally
to get it moving.  Holding a small amount of it and not planning to add.
BluRPie
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September 28, 2017, 05:53:52 PM
 #12

Sonm is undervalued now. I belive that we will see critical bump of price, when first developments will be announced. Total capitalisation very small for such project.

1. If  SOMN will be implemented - price will increased dramaticaly
2. If SONM will not implemented. -  price will be zero

It is my logic regarding SONM
thompshma
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September 28, 2017, 07:32:56 PM
 #13

It has a ways to travel still. I think we can expect the price to half before the reversal to a significant uptrend.
jules-jules
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September 29, 2017, 12:08:09 PM
 #14

SONM has more potential than Golem, imo. Price has somewhat bottomed out so I see lots of upwards potential.
AUruHM
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September 30, 2017, 11:42:08 AM
 #15

SONM has more potential than Golem, imo. Price has somewhat bottomed out so I see lots of upwards potential.
Excellent chance to buy by price below ICO. SONM is long-term. Not for PnD now. And it is good. Solid projects need.
cryptothreads
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September 30, 2017, 01:31:37 PM
 #16

The volume traded at Binance Exchange is now very low. SNM needs a product that works well for the development of the project because SNM is considered a new revolution in the Blockchain platform and I hope the price will be more stable.
Qiuyue201
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September 30, 2017, 02:41:03 PM
 #17

The volume traded at Binance Exchange is now very low. SNM needs a product that works well for the development of the project because SNM is considered a new revolution in the Blockchain platform and I hope the price will be more stable.
The basic idea doesn't make sense, because they are developing the super computer but in other side, the dev are claiming to generate the dividend through their service by developing the supercompiter. if that can be a passive income but that will not generate a lot of the amount to keep the dividend to the investors. that was crap.
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September 30, 2017, 04:35:44 PM
 #18

At first I believe with this sonm coin, when the sonm is just coming out.
However, it seems that the condition of this coin is getting worse. I think the first reason why sonm keep falling down because the supply of this sonm coin is too much.
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September 30, 2017, 04:41:39 PM
 #19

You guys have NO clue what is going on! You are just talking FUD everywhere for whatever reason. Let me explain what SONM is doing and why most of you are talking the biggest shit I have ever heard.

SONM will be at the meetup in Barcelona 3,4&5 Octobre, they will release the v0.3 Arch in a couple of days, the monthly update will come anytime now. They got listed on binance.com this week and have announced today that there will be a partnerschip between SONM en Selectel.

Don't you cry about the price, buy more, accumulate, open up your eyes. This will be one of the most succesful projects in history. Don't come here to FUD.

fck@dt-alwayzz_newbz
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September 30, 2017, 04:47:57 PM
 #20

You guys have NO clue what is going on! You are just talking FUD everywhere for whatever reason. Let me explain what SONM is doing and why most of you are talking the biggest shit I have ever heard.

SONM will be at the meetup in Barcelona 3,4&5 Octobre, they will release the v0.3 Arch in a couple of days, the monthly update will come anytime now. They got listed on binance.com this week and have announced today that there will be a partnerschip between SONM en Selectel.

Don't you cry about the price, buy more, accumulate, open up your eyes. This will be one of the most succesful projects in history. Don't come here to FUD.
that's sounds great sir so this ongoing downfall only indicates that there's some good news to come and maybe those who's selling it right now
will cry out after this updates better to check it up and try buying some coins for sure after the bounce back price will meet another new level
better to make sure that I'm in thanks for this info.
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