SEMUX: Discussion

[btcsmlcmnr]

SEMUX is a project that started in September of 2017, around two years ago. It is just 5 more months till its second anniversary.
ANN topic: https://bitcointalk.org/index.php?topic=2159012.0
Currently, there are two available exchanges for SEMUX, but dominant volume has been on Tokok exchange.
1) STEX: https://app.stex.com/en/basic-trade/pair/BTC/SEM/1D
2) Tokok: https://www.tokok.com/market?symbol=SEM_BTC
3) Citex (Korean exchange): https://www.citex.co.kr/#/trade/2/77
Price chart (all time) on CMC:
One-day price chart:
Personally, with these two charts, the scenario in which SEMUX fall deeper is very rare. In contrast, SEMUX can recover from its current price around 6000 satoshi to about 9000 or 10000 satoshi. At the moment, there are gaps of price between Tokok and STEX exchanges. SEMUX has fluctuated in its very narrow range for months (you can easily see it yourself with two charts above). In addition, the SEMUX Core 1.4.0 v has been released recently, please visit the article for more details: https://medium.com/semux/semux-core-v1-4-0-has-been-released-bccc16048faf

Vote competition:
1. On Bitmesh (can vote every day): https://bitmesh.com/?b1f8tkogm#/scheme/vote

[sana54210]

It's not just about when a project started, but about what it has to deliver, we should know that this is the crypto market and it's very competitive, you cannot just come into the market and create any platform with the hope of you becoming the best without getting challenges from competitors.

One thing we should look out in a project before investing our money or knowing that there is going to be a moon in the price of that coin, is what real life value that coin have to offer, what I mean is that, what can a person who is not so knowledgeable about crypto use the coin for.

[btcsmlcmnr]

One thing we should look out in a project before investing our money or knowing that there is going to be a moon in the price of that coin, is what real life value that coin have to offer, what I mean is that, what can a person who is not so knowledgeable about crypto use the coin for.

In the OP, I did not mention that the SEMUX will take off and flight over the Moon. I only wrote that SEMUX has nearly accumulated enough at its bottom range, and it might finish its bottom-out procedure sooner or later, or already finished it. After that, SEMUX will recover considerably, and we might take advantage of its low price at the moment and its coming rally to earn profits. In reality, today SEMUX has solidly stood around 6000 satoshis, despite of ups and downs of bitcoin over the last 24 hours in the crypto market.

[ivan1975]

I agree, that SEMUX very well survived the bearish trend and for a long time is in the accumulation zone.
It would be nice to see SEMUX on newer larger exchanges. Tokok mainly shows fake volumes.

[btcsmlcmnr]

I agree, that SEMUX very well survived the bearish trend and for a long time is in the accumulation zone.
It would be nice to see SEMUX on newer larger exchanges. Tokok mainly shows fake volumes.

I would prefer to use STEX for my SEMUX tradings. Experienced traders will easily find that SEMUX has been in the end of its accumulation phase. Sooner or later, SEMUX will finish its accumulation. Recent days, the coin recovered from 5000 satoshis to 6000 satoshis. Despite negative movements of bitcoin, and most of altcoins during last several days, SEMUX has been different, and kept rallying. So, let's think positively that when bitcoin and market finish corrections, and move up again, SEMUX might be one of the market's shooting stars.

[Sellman]

Two days ago, SEMUX suddenly hit 9000 satoshis. I have some SEMUX, but missed that chance when SEMUX reached such high price, nearly doubling its latest bottom price. Today, the SEMUX coin has falen and traded somewhere between 5000 to 6000 satoshis. I like such movements of SEMUX, and might invest more in SEMUX when I have free BTC after taking profits at other coins.

[ivan1975]

I would like to note that the coin is being traded not only on STEX and Tokok but also on Citex (South Korea-based exchange):
https://www.citex.co.kr/#/trade/2/77

It is also currently voting for adding SEMUX to BitMesh exchange:
https://bitmesh.com/?b1f8tkogm#/scheme/vote
You can vote every day.

[btcsmlcmnr]

I would like to note that the coin is being traded not only on STEX and Tokok but also on Citex (South Korea-based exchange):
https://www.citex.co.kr/#/trade/2/77

It is also currently voting for adding SEMUX to BitMesh exchange:
https://bitmesh.com/?b1f8tkogm#/scheme/vote
You can vote every day.

Great findings. I updated OP with link to Citex. And, someone who have interests in SEMUX, and want to support it, please feel free to support through your vote everyday on Bitmesh (link to join the vote posted above). Today, SEMUX traded from 45xx to 47xx satoshis on Citex and STEX, whilst it has traded around 57xx satoshis on Totok (but buy orders above 5xxx satoshis are not too high). I traded SEMUX on STEX for months, since early months of 2018, and still sticked with that exchange so far.

[||bit]

Semux has one of the few projects didn't make an ico and really delivering something. They are near to activate vm for it. They burned a big chunk of founder tokens and dropped emission for the future which decreased total supply about %70.

Also, they have a big community and they have an active github. I always feel like Semux can be huge at some point but needs time.

[Bitze]

I agree, that SEMUX very well survived the bearish trend and for a long time is in the accumulation zone.
It would be nice to see SEMUX on newer larger exchanges. Tokok mainly shows fake volumes.

i would also like to see semux rise. unfortunately there is not much going on in telegram. i have done relatively little research lately. wait for the next bulls. then the good time for sem will come. had better times already

[btcsmlcmnr]

One of reasons that potential investors decide don't invest into SEMUX is its strange terms: delegates, and validators. Those terms presented here: https://github.com/semuxproject/semux-core/blob/master/docs/Delegates-and-Validators.md
To be honest, at the first time I read those terms, I did not understand what it means. I had to read it ten times over days to understand delegates and validators, as well as their roles on SEMUX network.
People should buy SEM on exchanges, then become validators to get  more passive SEMs (guide is here: https://www.semux.org/)

Buy SEM on STEX Exchange
Buy SEM OTC in #trading channel of the official discord. Beware of scammers!
Contribute to the community
Become a validator
Vote for a validator who is willing to share block rewards (e.g. semux.info pool)

[||bit]

I agree, that SEMUX very well survived the bearish trend and for a long time is in the accumulation zone.
It would be nice to see SEMUX on newer larger exchanges. Tokok mainly shows fake volumes.

i would also like to see semux rise. unfortunately there is not much going on in telegram. i have done relatively little research lately. wait for the next bulls. then the good time for sem will come. had better times already

Actually they are active in discord. https://discordapp.com/invite/qQVckKZ

It is not the most active discord channel in the world but still, it has some good activity compared to telegram channels with thousands of silent bot.

[Sellman]

Perfect chances for someone whom waited for days to invest in SEMUX. Due to bitcoin exponential rises last 48 hours, SEMUX fell to below 48xx satoshis (on STEX). I dont think that it is time to feel fear of deeper fallings, instead it is time to be greedy and readily to spend money for investments. Not only investments in SEMUX, but also investments in other good altcoins. Let's be more greedily when everyone fear with drops and crashes.

[Golftech]

Perfect chances for someone whom waited for days to invest in SEMUX. Due to bitcoin exponential rises last 48 hours, SEMUX fell to below 48xx satoshis (on STEX). I dont think that it is time to feel fear of deeper fallings, instead it is time to be greedy and readily to spend money for investments. Not only investments in SEMUX, but also investments in other good altcoins. Let's be more greedily when everyone fear with drops and crashes.

This fall brings opportunities for investors who loves to find coins to hold then wait for the market reversal and enjoy the profits to be collected, SEMUX
investment now would comes up much earlier if you take advantage with this cheap value of coins, they've already have good community behind, it's
an indication for  crypto lovers to look deeper to any project as bull will soon to come into this market.

[Sellman]

I fall in love with SEMUX due to its accumulation, its cheap price, and its strong community. I thank to Bitcoin rises because it gives me chance to accumulate more SEMUX. I agreed with you that we (who bought) should what patiently to see the reversal of market to take profits. Maybe it will take weeks to reverse.

[Adriano2010]

SEMUX can be a very good option to buy before a bull run, i think community is higher enough and people who want can try to accumulate some coins and hold to get a profit.

[Sellman]

SEMUX can be a very good option to buy before a bull run, i think community is higher enough and people who want can try to accumulate some coins and hold to get a profit.

SEMUX team have continously developed their projects, and always listened to community voices. Recent month, they actually burned lots of coins from community request, and SEMUX upgrades might play important roles for future growths of SEMUX. The chart of SEMUX price presents the facts that the coin has been in its accumulative phase for too long.

[Sellman]

I have a little update on SEMUX for today. The coin stood around 4900 to 5000 satoshis at the moment, however the sell walls froom 4900 to 5800 satoshis are too small, and might be broken at any time. Even at the price around 4900 satoshis, it shows that SEMUX has strongly maintained its price in its bottom range. Very strong performance to keep its bottom range over months. Now, we all have to wait for news and upgrades from SEMUX team to see it moving ups.

[btcsmlcmnr]

After suddenly broke the 37-week support and fell to nearly 2000 satoshis, SEMUX has recovered and been traded stably around 2900 satoshis to 3000 satoshis last several days. In addition, the release of SEMUX core v.1.4.0. actually reduces general inflation rate of SEMUX, that might have good impacts on the price of SEMUX in the long run. By the way, I would prefer to remind SEMUX community that there is a vote for SEMUX listing on Bitmesh, you can find details there with official brief guide written by SEMUX team: https://bitcointalk.org/index.php?topic=2159012.msg50784648#msg50784648

[Bitze]

I agree, that SEMUX very well survived the bearish trend and for a long time is in the accumulation zone.
It would be nice to see SEMUX on newer larger exchanges. Tokok mainly shows fake volumes.

i would also like to see semux rise. unfortunately there is not much going on in telegram. i have done relatively little research lately. wait for the next bulls. then the good time for sem will come. had better times already

Actually they are active in discord. https://discordapp.com/invite/qQVckKZ

It is not the most active discord channel in the world but still, it has some good activity compared to telegram channels with thousands of silent bot.

thanks for the info about discord. i'm not on my way there, but i guess i have to take a closer look at it,
because it became more and more lately. there are a lot of projects that only actively support in and with this tool