XEM panic sell or exit scam ?

[crypto1998]

hi guys
can u explain to me why XEM fall from 1500 sat
to 700 - 800 sat is this because of panic sell
or devs are selling tokens and dumping the price
do u expect XEM fall more to 500 - 600 sat ?

[Teknisi88]

There is nothing wrong with XEM, it's just that traders now prefer to buy BTC or other altcoins because others are more promising profits than XEM coins, so in my opinion there is nothing wrong with XEM coins.

[cryptofirm]

hi guys
can u explain to me why XEM fall from 1500 sat
to 700 - 800 sat is this because of panic sell
or devs are selling tokens and dumping the price
do u expect XEM fall more to 500 - 600 sat ?

maybe XEM holders move their money from xem to bitcoin now
because now bitcoin is showing up its power my friend
i think not only xem, but a lot of altcoins will down in bitcoin terms when bitcoin price rising

[Adriano2010]

I also think that happen because people sell for bitcoin most altcoins and also happen to some of my altcoins, maybe not so much drop but still enough to think how much will take until i get a profit.

[Pamadar]

Chances that big bag holders are trying to cash out and bring all their investment to Bitcoin and wait for some big dumped to buy back and hold more, this panic selling will surely shake newbies and weak holders, things that mostly love by big fat whales to happen.

[Chika08]

i can't see anything wrong with XEM because anytime I see this updates talking about XEM, I had to perform some research to know exactly what's going on and I have seen none.

[Kencha77]

XEM is doing perfectly fine and nothing to be worried about it is just traders and investors are more likely attracted to BTC instead of XEM. I think it is because of BTC dominance in the market. In my opinion, they are selling off their XEM for exchange of BTC now since BTC is already rising and wanted to make profits also while the bull run is still on the loose. Well if you are already late selling them for BTC just hold and wait for the next rise of XEM I think?

[Script3d]

It's definitely normal for a coin to lose value, there's nothing shady happening here and you shouldn't worry about coins losing their value, and you should also know devs have the right to buy/sell their own coin depending on the agreement to the investors, usually they need to hold their coins 1 - 2 years before they can even sell it.

[Indamuck]

i can't see anything wrong with XEM because anytime I see this updates talking about XEM, I had to perform some research to know exactly what's going on and I have seen none.

Whales are just temporarily dumping for btc to get some easy gains.  They will buy back in cheap, don't panic just hold if you haven't sold yet.  Alts always rise after btc does.

[ethereumhunter]

hi guys
can u explain to me why XEM fall from 1500 sat
to 700 - 800 sat is this because of panic sell
or devs are selling tokens and dumping the price
do u expect XEM fall more to 500 - 600 sat ?

That is what happens with XEM, and I am sure that XEM is not the only one altcoin which already decreases because of the bitcoin price increase. The other coins will have the same thing as XEM and they still trying to survive in the rise of the bitcoin, and I am sure that after this, the altcoin price has the time to increase too.

[Mpamaegbu]

There is nothing wrong with XEM, it's just that traders now prefer to buy BTC or other altcoins because others are more promising profits than XEM coins, so in my opinion there is nothing wrong with XEM coins.

Time will tell if this postulation is true. Ordinarily, I would think that any coin that is dipping at this time that Bitcoin is surging is an indication of a dump. What profit has XEM recorded that anyone hodling it would want to switch it for a Bitcoin or other crypto purchase? I really don't see that route as germaine.

[tsaroz]

hi guys
can u explain to me why XEM fall from 1500 sat
to 700 - 800 sat is this because of panic sell
or devs are selling tokens and dumping the price
do u expect XEM fall more to 500 - 600 sat ?

As the previous user suggested, the fall in the price of XEM is most likely people selling their XEM to get some BTC as bitcoin has been rising in a spectacular rate.
NEM has came along a long way to become a scam or a pump and dump. I can't guarantee a profit from it's investment but with the achievements they have made recently, they are going to be here for quite a time.

[Mrsparks]

hi guys
can u explain to me why XEM fall from 1500 sat
to 700 - 800 sat is this because of panic sell
or devs are selling tokens and dumping the price
do u expect XEM fall more to 500 - 600 sat ?

Sorry to say but there has been little or no development in the Xem project...Most bag holders will feel better holding bitcoin at the moment because the hype around Xem is too low to keep traders interest..

[Galantin]

You do not worry. This project has worked and will continue to work. All altcoins have a problem today. The fact is that with the bitcoin jump, everyone started moving assets to get more profit in the short term. This applies to all projects today.  When Bitcoin makes + $ 800 for one day, this is undesirable.

[10c]

I think that this project has no future at all because for the past year they have not been able to make one update and I think that it is simply not real. investors leave this project

[tabas]

It's not exempted to the current sell off of altscoins for bitcoin.

I think that this project has no future at all because for the past year they have not been able to make one update and I think that it is simply not real. investors leave this project

They are struggling AFAIK they lacked of funds and that's why they have held election for their officials.

[btc_angela]

There is nothing wrong with XEM, it's just that traders now prefer to buy BTC or other altcoins because others are more promising profits than XEM coins, so in my opinion there is nothing wrong with XEM coins.

This. Altcoins investors are again selling this stash because they are moving to BTC because it's making another bull run in less than a week. There are no exit scams or panic selling, it's just normal for investors to shift their funds to where they can make a lot of profit instead of sitting their money on altcoin markets.

[Yaunfitda]

I'm glad you ask this questions. I see you haven't been in the market for too long that's why you seems to be surprised by this kind of move in the market.

Other's have said that it was due to XEM investors decision to just sell it off for bitcoins. Most of the time smart investors are going to do this sort of things, to cut their losses and follow the market wherein they can at least break even or book some profits. And this is what we are witnessing right now. As the current price of bitcoin is on the upward move again, 10%++ in the last 12 hours or so.

[semobo]

hi guys
can u explain to me why XEM fall from 1500 sat
to 700 - 800 sat is this because of panic sell
or devs are selling tokens and dumping the price
do u expect XEM fall more to 500 - 600 sat ?

Dumping their coins to buy bitcoin I guess because most of the people will get attracted towards bitcoin when the price goes too much bullish.

[xenomorphe1]

I guess nobody want to miss the bitcoin bull run. But it is really strange as in 2017, i don't remember altcoins being dumped so hard compare to BTC.