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Tehfiend
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June 21, 2017, 04:27:47 PM |
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"The DIM-COIN has a quantity commitment of 9 billion coins with the initial price starting at $0.01." Good to see another NEM based ICO but an initial valuation of 90 million seems way too high. I haven't gone through the entire white paper but hard to justify that price IMO. You are right, it is way too expensive! Ecobit is even more expensive, it makes no sense at all. ICO is not for collecting money to start a project anymore, it is just for take the money from people who have no idea. Status is also a good example for that! 0.01USD is expensive? I wonder what's cheap for you. I haven't gone through the whitepaper too but this is a good start for NEM. NEM platform is already mature enough for some tokens to be created on its chain. We're all waiting for all these to happen. Man, you have to keep the market cap in mind! DIM has 9 billion Coins, with this price the market cap would be round about 90 million $! Do you think DIM is 90 million worth right now!? Then go and buy some... NEM hast the same value of Coins, what was the price of XEM at the beginning? Think about that... We are in a new era now. ICOs are very valuable for the crypto market. ICOs are the main reason why the bull market is still sustained. We might not see a bear market at all this year if not next year either. Unfortunately more than 50% of the ICOs will fail. You've got to be too careful investing in any. I think 2018 will be the year for NEM ICOs. Perhaps all awaiting catapult. It has nothing to do with the new era! It is just a simple mathematic calculation! I am not saying that these Coins are scam, but the price will not go up when they are tradeable on the market for a long time. The price will even fall imo, just because the ICO was too expensive.... That is not the way ICO's should be, because it is always a risky investion with the hope to get more money back and not less! But it is the fault of the people to be stupid enough to pay mostly everything the investors ask for! If the people won't do that, we would have fair ICO's again... If you look into past ICO's that are now listed, almost all lost marketcap. ICO's are way overvalued right now. I bought my NEM stake at a 6 figure marketcap. It's hard to justify 90 million based only on a whitepaper. Best bet for these ICO's is to wait until they are listed and see what the market price is before investing. Chances are you'll get a better price than the ICO. |
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Tehfiend
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June 21, 2017, 04:52:19 PM |
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Can someone please explain why the price is stagnating so much after the big crash a month ago ?
It looks very weird, even Whales aren't pumping it.
XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally. |
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marx hu
Member
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Activity: 68
Merit: 10
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June 21, 2017, 05:13:26 PM |
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Can someone please explain why the price is stagnating so much after the big crash a month ago ?
It looks very weird, even Whales aren't pumping it.
XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally. but the price keep dropping since after the last boost.. |
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Y0da
Newbie
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Activity: 23
Merit: 0
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June 21, 2017, 05:16:22 PM |
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I bought a 7000 XEM at a price of 9150 sat. What should I do? Sell or hold? What is the opportunity to make a profit, because the price of XEM is falling more and more.
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jelin1984
Legendary
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Activity: 2408
Merit: 1004
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June 21, 2017, 05:29:03 PM |
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Hold it will be go up
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Zylon
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June 21, 2017, 05:47:47 PM |
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"The DIM-COIN has a quantity commitment of 9 billion coins with the initial price starting at $0.01." Good to see another NEM based ICO but an initial valuation of 90 million seems way too high. I haven't gone through the entire white paper but hard to justify that price IMO. You are right, it is way too expensive! Ecobit is even more expensive, it makes no sense at all. ICO is not for collecting money to start a project anymore, it is just for take the money from people who have no idea. Status is also a good example for that! 0.01USD is expensive? I wonder what's cheap for you. I haven't gone through the whitepaper too but this is a good start for NEM. NEM platform is already mature enough for some tokens to be created on its chain. We're all waiting for all these to happen. Man, you have to keep the market cap in mind! DIM has 9 billion Coins, with this price the market cap would be round about 90 million $! Do you think DIM is 90 million worth right now!? Then go and buy some... NEM hast the same value of Coins, what was the price of XEM at the beginning? Think about that... We are in a new era now. ICOs are very valuable for the crypto market. ICOs are the main reason why the bull market is still sustained. We might not see a bear market at all this year if not next year either. Unfortunately more than 50% of the ICOs will fail. You've got to be too careful investing in any. I think 2018 will be the year for NEM ICOs. Perhaps all awaiting catapult. It has nothing to do with the new era! It is just a simple mathematic calculation! I am not saying that these Coins are scam, but the price will not go up when they are tradeable on the market for a long time. The price will even fall imo, just because the ICO was too expensive.... That is not the way ICO's should be, because it is always a risky investion with the hope to get more money back and not less! But it is the fault of the people to be stupid enough to pay mostly everything the investors ask for! If the people won't do that, we would have fair ICO's again... If you look into past ICO's that are now listed, almost all lost marketcap. ICO's are way overvalued right now. I bought my NEM stake at a 6 figure marketcap. It's hard to justify 90 million based only on a whitepaper. Best bet for these ICO's is to wait until they are listed and see what the market price is before investing. Chances are you'll get a better price than the ICO. Absolutely right! I will also wait and buy DIM when it is tradeable! |
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NEMergizer
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June 21, 2017, 06:16:18 PM |
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"The DIM-COIN has a quantity commitment of 9 billion coins with the initial price starting at $0.01." Good to see another NEM based ICO but an initial valuation of 90 million seems way too high. I haven't gone through the entire white paper but hard to justify that price IMO. You are right, it is way too expensive! Ecobit is even more expensive, it makes no sense at all. ICO is not for collecting money to start a project anymore, it is just for take the money from people who have no idea. Status is also a good example for that! 0.01USD is expensive? I wonder what's cheap for you. I haven't gone through the whitepaper too but this is a good start for NEM. NEM platform is already mature enough for some tokens to be created on its chain. We're all waiting for all these to happen. Man, you have to keep the market cap in mind! DIM has 9 billion Coins, with this price the market cap would be round about 90 million $! Do you think DIM is 90 million worth right now!? Then go and buy some... NEM hast the same value of Coins, what was the price of XEM at the beginning? Think about that... We are in a new era now. ICOs are very valuable for the crypto market. ICOs are the main reason why the bull market is still sustained. We might not see a bear market at all this year if not next year either. Unfortunately more than 50% of the ICOs will fail. You've got to be too careful investing in any. I think 2018 will be the year for NEM ICOs. Perhaps all awaiting catapult. It has nothing to do with the new era! It is just a simple mathematic calculation! I am not saying that these Coins are scam, but the price will not go up when they are tradeable on the market for a long time. The price will even fall imo, just because the ICO was too expensive.... That is not the way ICO's should be, because it is always a risky investion with the hope to get more money back and not less! But it is the fault of the people to be stupid enough to pay mostly everything the investors ask for! If the people won't do that, we would have fair ICO's again... Absolutely, but this is based on theoretical technical/foundation analysis that I totally agree on. However, what is happening in reality is totally different. Reality doesn't have to always reflect technical analysis. Look at litecoin for example is it realistic where it is at now in market cap? Absolutely not. It is the community behind litecoin that is pushing it this way. Do not under estimate communities behind new projects/ICOs. If an ICO is 100% honest and gathered 1000% more than they need, one point you should consider that this is a reflection of size of community that will support it in the future. This is perhaps in case they wouldn't dump and run as soon as its available on exchange. |
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NEMergizer
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June 21, 2017, 06:20:22 PM |
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What is going on with XEM?? The price falls down and it looks like XEM will fall to 5000 - 6000.
All crypto market is going down today. So NEM is fine compared to the performance of all other ALTs. NEM actually didn't fall back as much as others. Ethereum is bleeding now due to network scaling issues. A NEM rally might hit at any moment cause of that. |
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NEMergizer
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June 21, 2017, 06:28:51 PM |
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Can someone please explain why the price is stagnating so much after the big crash a month ago ?
It looks very weird, even Whales aren't pumping it.
XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally. NEM will blow up soon. There is no question a rally is coming very soon. |
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nemwanderer
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June 21, 2017, 08:06:37 PM |
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Can someone please explain why the price is stagnating so much after the big crash a month ago ?
It looks very weird, even Whales aren't pumping it.
XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally. NEM will blow up soon. There is no question a rally is coming very soon. How are you so sure? Do we have any more visibility on the release date of Catapult? |
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Tehfiend
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June 21, 2017, 08:07:21 PM |
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I bought a 7000 XEM at a price of 9150 sat. What should I do? Sell or hold? What is the opportunity to make a profit, because the price of XEM is falling more and more.
If you need the money sell ASAP. If you don't, hold. Nobody can predict the market. Your XEM will eventually either be worth nothing or a lot. Most of us here are betting the latter but nobody knows the time frame. One thing for sure is it's going to be a bumpy ride so only invest money you can afford to lose and you won't stress as much when the roller-coaster starts. |
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nemwanderer
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June 21, 2017, 08:11:18 PM |
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Can someone please explain why the price is stagnating so much after the big crash a month ago ?
It looks very weird, even Whales aren't pumping it.
XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally. NEM will blow up soon. There is no question a rally is coming very soon. How are you so sure? Do we have any more visibility on the release date of Catapult? And what do you think the next price target is? |
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BitcoinArsenal
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June 21, 2017, 08:25:42 PM |
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Price targets are not predictable for crypto currencies. There were so many predictions in the past and almost all were wrong more or less. The release of Catapult is a major event for NEM ecosystem. So it is very likely that it will influence the price positively. I expect it but I do not predict it. Can someone please explain why the price is stagnating so much after the big crash a month ago ?
It looks very weird, even Whales aren't pumping it.
XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally. NEM will blow up soon. There is no question a rally is coming very soon. How are you so sure? Do we have any more visibility on the release date of Catapult? And what do you think the next price target is? |
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gentlemand
Legendary
Offline
Activity: 2604
Merit: 3089
Welt Am Draht
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June 21, 2017, 08:31:10 PM |
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Price targets are not predictable for crypto currencies. There were so many predictions in the past and almost all were wrong more or less.
The release of Catapult is a major event for NEM ecosystem. So it is very likely that it will influence the price positively. I expect it but I do not predict it.
Ultimately all it is is nice software. The question is how will this software be capitalised upon and who's going to do it? |
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airSPACE
Newbie
Offline
Activity: 18
Merit: 0
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June 21, 2017, 08:53:57 PM |
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Can someone please explain why the price is stagnating so much after the big crash a month ago ?
It looks very weird, even Whales aren't pumping it.
XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally. It's a coin that is in top volume every-single-fucking-day on Poloniex. It should move more. I might understand what the other guy is saying, that the price is manipulated, but it's only hitting resistance @ 8k without moving anywhere else. Just bots selling among themselves. |
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Tehfiend
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June 21, 2017, 10:31:43 PM |
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It's a coin that is in top volume every-single-fucking-day on Poloniex. It should move more.
Nope, unless you are talking top 20. XEM has very low volume:  |
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xemba
Newbie
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Activity: 10
Merit: 0
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June 22, 2017, 12:19:39 AM |
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i'm over halfway to 10000 xem  also holding fastcoin, sia, and iota! |
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NEMergizer
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June 22, 2017, 12:39:31 AM
Last edit: June 22, 2017, 12:57:19 AM by NEMergizer |
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Can someone please explain why the price is stagnating so much after the big crash a month ago ?
It looks very weird, even Whales aren't pumping it.
XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally. NEM will blow up soon. There is no question a rally is coming very soon. How are you so sure? Do we have any more visibility on the release date of Catapult? Just take a look at recent steemit posts such as this one: https://steemit.com/nem/@bhanzelhoff/i-think-nem-is-prepared-to-blow-upThis has become a known fact by now. I don't know anything about Catapult release date. But one thing I know for sure is that NEM DEV team never delayed a promised release. If it will be delayed it would be one or two weeks maybe a month at max. So be sure by the end of August beginning of September catapult will be already released. |
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NEMergizer
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June 22, 2017, 12:53:34 AM |
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Can someone please explain why the price is stagnating so much after the big crash a month ago ?
It looks very weird, even Whales aren't pumping it.
XEM's price has increased more than 50 fold this year so there are a lot of early investors taking gains but they have to do it slowly because XEM has extremely shallow order books. There are also new investors who are accumulating but they want to get the lowest price of course so they try to wait for dumps. It seems both sides are comfortable with a $0.20-25 price point because the price has hovered in that range since the last rally. Once the early investors are done taking their gains chances are there will be another rally. NEM will blow up soon. There is no question a rally is coming very soon. How are you so sure? Do we have any more visibility on the release date of Catapult? And what do you think the next price target is? In general dropping 30% or even 50% is pretty normal in the crypto world. This shouldn't scare you by any mean. You only lose when you sell low. If you already bought some NEM at a higher price I would advice you to hold on and never sell at a lose cause a rise is coming no question about that. I personally think NEM will rise in a crazy rally in few days. But I might be completely wrong. You should make decisions on your own. If a rally didn't start within days it will in few weeks. If not, it will in few months. The maximum it will take for the next rise is 6 to 8 months. So you have to ask your self a simple question. Can you be patient enough to hold for 8 months? If yes, so nothing to worry about even if the price drops 80%. Dropping 80% is also very common for BTC. It usually drops 80% in a bear market then bounce back with all time high in 3 to 8 months. |
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