cryptonit
Legendary
 Offline
Activity: 3038
Merit: 1053
bit.diamonds | uNiq.diamonds
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October 27, 2016, 08:40:30 PM |
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Anyone knows why NEM has such a low trading volume compared to other top20 crypto projects ?
Price seems kinda not really true/supported at these volumes ?!?
I suspect it's because the price of XEM isn't margin traded and isn't being manipulated. Other coins have either margin trading or huge whales that fake liquidity in order to boost their chance to offload. This is one of the results of NEM having such a good distribution. When you see market action in XEM, it's most likely real. two words answer zero inflation = zero mining sellpressure many coins used to fill 400 supernodes = reduced ammount of coins on exchange and last but not least NEM is one of the coins who attracted mostly hamsters a hamster hardly let a coin leave his hands once he added it to his portfolio  |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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GHz1
Newbie
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Activity: 21
Merit: 0
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October 28, 2016, 01:18:52 AM |
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Anyone knows why NEM has such a low trading volume compared to other top20 crypto projects ?
Price seems kinda not really true/supported at these volumes ?!?
I suspect it's because the price of XEM isn't margin traded and isn't being manipulated. Other coins have either margin trading or huge whales that fake liquidity in order to boost their chance to offload. This is one of the results of NEM having such a good distribution. When you see market action in XEM, it's most likely real. two words answer zero inflation = zero mining sellpressure many coins used to fill 400 supernodes = reduced ammount of coins on exchange and last but not least NEM is one of the coins who attracted mostly hamsters a hamster hardly let a coin leave his hands once he added it to his portfolio http://storage.prezly.com.s3-eu-west-1.amazonaws.com/e8/00381fe7b899cfdddb21d624e27a8e/Andy-Hamster-LR.jpgTru dat. We nemsters love our of xemmies. http://www.youtube.com/watch?v=miC1VZ9UVCQ |
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Thingamajig
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October 28, 2016, 11:52:56 AM |
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I suspect it's because the price of XEM isn't margin traded and isn't being manipulated. Other coins have either margin trading or huge whales that fake liquidity in order to boost their chance to offload. This is one of the results of NEM having such a good distribution. When you see market action in XEM, it's most likely real.
This is exactly it. |
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DIMKAZDS
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October 28, 2016, 11:21:41 PM
Last edit: October 28, 2016, 11:35:03 PM by DIMKAZDS |
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despite all this mess with zec, I'm still waiting nanowallet...
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gsxrl3oi
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October 29, 2016, 02:52:14 AM |
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waiting for mobile freakin wallet. it's been 2 years already lol |
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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October 29, 2016, 03:24:00 AM |
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waiting for mobile freakin wallet. it's been 2 years already lol You only have to wait to next Friday fro android and then the Friday after that for iOS  |
NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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Fatih87SK
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October 29, 2016, 08:57:43 AM |
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To all XEM hodlers;
Bitcoin is on the move. So don't get discouraged by the falling BTC price of XEM.
All altcoins are suffering from the same phenomenon.
We just need to wait for Bitcoin to settle at a price. This can take weeks/months.
Until then; be careful and have patience.
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Caladonian
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October 29, 2016, 09:09:21 AM |
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To all XEM hodlers;
Bitcoin is on the move. So don't get discouraged by the falling BTC price of XEM.
All altcoins are suffering from the same phenomenon.
We just need to wait for Bitcoin to settle at a price. This can take weeks/months.
Until then; be careful and have patience.
those who trusted the project will play smartly and wait for the prices to bounce back and gain earnings never sell on your lost that's what i have learned with a good project and i believe xem is one of those so keep holding. |
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MoneyJ
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October 29, 2016, 09:15:25 AM |
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I am full of confidence in NEM platform . Full implementation of there sidechains have not yet started and a lot of features are in store. NEM did kickstart my btc investment remember for 35sats to 1800sats /xem. Do the math and you'll be amazed.
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DIMKAZDS
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October 29, 2016, 01:20:54 PM |
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To all XEM hodlers;
Bitcoin is on the move. So don't get discouraged by the falling BTC price of XEM.
All altcoins are suffering from the same phenomenon.
We just need to wait for Bitcoin to settle at a price. This can take weeks/months.
Until then; be careful and have patience.
One of the distinctive features Xem market was not in his affections of Bitcoin prices. Bitcoin is now increased by 2%, Xem fell by 10%. If Bitcoin will grow by 10%, xem fall to 50%  If this happens, unfortunately, for many people xem will be another scamcoin for a long time. |
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gentlemand
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Activity: 2590
Merit: 3013
Welt Am Draht
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October 29, 2016, 02:44:52 PM |
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One of the distinctive features Xem market was not in his affections of Bitcoin prices.
I don't see how that's possible. Everything's related to Bitcoin when it's still the primary entry point into alts. NEM as a platform is leagues ahead of most, but it's traded in the same exchanges as everything else where it's just another three letters for pumpers to latch onto. That's what happened. It'll be in the doldrums for a while like everything else and then perhaps people will start to take a proper look at the fundamentals of what they're putting money into. Cue a justified rise. |
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lordoliver
Legendary
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Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
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October 29, 2016, 02:56:00 PM |
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To all XEM hodlers;
Bitcoin is on the move. So don't get discouraged by the falling BTC price of XEM.
All altcoins are suffering from the same phenomenon.
We just need to wait for Bitcoin to settle at a price. This can take weeks/months.
Until then; be careful and have patience.
One of the distinctive features Xem market was not in his affections of Bitcoin prices. Bitcoin is now increased by 2%, Xem fell by 10%. If Bitcoin will grow by 10%, xem fall to 50% If this happens, unfortunately, for many people xem will be another scamcoin for a long time. As an investor in that new technolgies you don't wine because of 10%, you don't even whine, if you loose all. You just be patient! And you invested the majority of your money in other things. If you didn't, thats where you have to find the problem. Not in XEM. NEM is only one chance for you. NEM is a good technology, and it has the chance, to really being adapted and getting really big. But others are also not sitting back on their couch... so it can also not succeed. But nobody can know. So hope, be patient, but don't whine. Expect it to fall even further now, later or not at all. Expect it to raise right now or in 5 years. Patience is the key! And being careless about loss in one particular investment as well. |
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jelin1984
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Activity: 2408
Merit: 1004
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October 29, 2016, 03:43:32 PM
Last edit: October 29, 2016, 09:23:15 PM by jelin1984 |
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here is the story Zcash will fuck for sure all the alt mining coins like ETH and ETC because it will be much much profit for mining and all the GPU miners will mining ZCASH so ETH and ETC if not hard fork will fucked hard!!!!!! believe me XEM at other hand is POS so does not to worry will be recover really soon but these is a good chance for people from eth and etc to jump to XEM  |
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tyz
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Activity: 3360
Merit: 1531
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October 29, 2016, 08:53:06 PM |
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NEM "performed" very well compared to other major altcoins. It has lost around -5% while Monero, Ethereum, Factom, MaidSafe etc lose much more.
The release of nano wallet was overlaid by the ZCash start, unfortunately. I expect that the price will recover as soon as the ZCash hype declines and investors are taking other coins into account again. Then they will see the big news about NEM.
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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October 29, 2016, 10:20:50 PM |
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NEM "performed" very well compared to other major altcoins. It has lost around -5% while Monero, Ethereum, Factom, MaidSafe etc lose much more.
The release of nano wallet was overlaid by the ZCash start, unfortunately. I expect that the price will recover as soon as the ZCash hype declines and investors are taking other coins into account again. Then they will see the big news about NEM.
All the hype around Zcash and Vcash is a joke, expect to see a major dump on both of these after their pump has happened. Much like what happened to STEEM. We can clearly see the pumps that Monero and DASH both had also. Just pure manipulation, nothing more. |
NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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fob123
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October 30, 2016, 04:43:28 AM |
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NEM "performed" very well compared to other major altcoins. It has lost around -5% while Monero, Ethereum, Factom, MaidSafe etc lose much more.
The release of nano wallet was overlaid by the ZCash start, unfortunately. I expect that the price will recover as soon as the ZCash hype declines and investors are taking other coins into account again. Then they will see the big news about NEM.
All the hype around Zcash and Vcash is a joke, expect to see a major dump on both of these after their pump has happened. Much like what happened to STEEM. We can clearly see the pumps that Monero and DASH both had also. Just pure manipulation, nothing more. Dont be fooled by the price per zcash, have a look at the marketcap, its not even $1mil. |
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rubiprojects
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October 30, 2016, 05:38:27 AM |
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To all XEM hodlers;
Bitcoin is on the move. So don't get discouraged by the falling BTC price of XEM.
All altcoins are suffering from the same phenomenon.
We just need to wait for Bitcoin to settle at a price. This can take weeks/months.
Until then; be careful and have patience.
One of the distinctive features Xem market was not in his affections of Bitcoin prices. Bitcoin is now increased by 2%, Xem fell by 10%. If Bitcoin will grow by 10%, xem fall to 50% If this happens, unfortunately, for many people xem will be another scamcoin for a long time. The price will be finally back, most of other alts drop more than xem, you know it, xem keeps good range during bitcoin pump. |
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MoneyJ
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October 30, 2016, 05:48:55 AM |
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Like I said before XEM is stable to me and NEM platform is so much potential .
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