suky321
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November 02, 2017, 09:56:50 AM |
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Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
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fragout
Legendary
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Activity: 1279
Merit: 1018
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November 02, 2017, 10:29:27 AM |
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Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
Except Nem has a sell bot which has been chasing the price down all the way. Look for the 10 to 20 btc sell wall. You cant stop traders doing what they do, but i would be pissed if this is the Nem foundation bot.
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Zylon
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November 02, 2017, 10:49:09 AM |
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Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
According to the BTC you are right, but when you take look at the US Dollar then NEM / NEO / Ripple are the big losers! Many things has to be changed on NEM (especially marketing,exchanges, community), we need more stable members and not so many gamblers. But the NEM team are going to change these problems, we have to be patient...
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fragout
Legendary
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Activity: 1279
Merit: 1018
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November 02, 2017, 10:57:23 AM |
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Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
According to the BTC you are right, but when you take look at the US Dollar then NEM / NEO / Ripple are the big losers! Many things has to be changed on NEM (especially marketing,exchanges, community), we need more stable members and not so many gamblers. But the NEM team are going to change these problems, we have to be patient... You are correct of course. Especially if you compare Nem to some of the coins/teams around it. I still cant figure out though why volume is so low compared to these other coins but i guess the old saying - if you build it , they will come - holds true here.
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suky321
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November 02, 2017, 11:24:34 AM |
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Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
According to the BTC you are right, but when you take look at the US Dollar then NEM / NEO / Ripple are the big losers! Many things has to be changed on NEM (especially marketing,exchanges, community), we need more stable members and not so many gamblers. But the NEM team are going to change these problems, we have to be patient... You are correct of course. Especially if you compare Nem to some of the coins/teams around it. I still cant figure out though why volume is so low compared to these other coins but i guess the old saying - if you build it , they will come - holds true here. Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
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gentlemand
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Welt Am Draht
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November 02, 2017, 11:29:29 AM |
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Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods. Mining obviously accounts for a lot of that, but even non mineable stuff outranks it. The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.
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kauppalahti
Full Member
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HAVUJA PERKELE!
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November 02, 2017, 12:08:23 PM |
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I quote that just to remind. Did You all believe still that XEM has chance to stay above 10-15cents area? I believe now that XEM will be dumped hard to few cents, after flashcrash on the whole cryptomarket, when BTC will finish his "window dressings" wave of fouls (so called 5th wave according to Elliot Waves Theory).
Agree with you. XEM is already dumping hard now (hardest from the TOP15, let's say), and this trend will be (IMHO) continuing, according to "no exact dates for some big news, almost no [significant] news at all, not so much of marketing activity, etc" ... simply hard times for us, longterm NEM believers. But to be honest, due to BTC pumping, now is hard time for (almost) every altcoin hodlers... Well....some news are coming from my side soon : ) when all the bells and whistles are tuned.
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Zylon
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November 02, 2017, 12:43:48 PM Last edit: November 02, 2017, 01:00:11 PM by Zylon |
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Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods. Mining obviously accounts for a lot of that, but even non mineable stuff outranks it. The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump. As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes. So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM! The question is, why Zaif do not publish their trading volume!?!
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Neversettle
Member
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ZetoChain - ACCELERATING BLOCKCHAIN FOR THE SUPPLY
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November 02, 2017, 01:50:56 PM |
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Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods. Mining obviously accounts for a lot of that, but even non mineable stuff outranks it. The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump. As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes. So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM! The question is, why Zaif do not publish their trading volume!?! they just dont have fees. the volume is published
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machamizu
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November 02, 2017, 02:18:52 PM |
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Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods. Mining obviously accounts for a lot of that, but even non mineable stuff outranks it. The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump. As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes. So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM! The question is, why Zaif do not publish their trading volume!?! Trading volume is published, you can also check it at Cryptocurrency Market Capture >> https://coinmarketcap.com/currencies/nem/#marketsVolume traded at Zaif is excluded because of no trading fee.
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Zylon
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November 02, 2017, 03:03:08 PM |
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Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods. Mining obviously accounts for a lot of that, but even non mineable stuff outranks it. The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump. As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes. So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM! The question is, why Zaif do not publish their trading volume!?! Trading volume is published, you can also check it at Cryptocurrency Market Capture >> https://coinmarketcap.com/currencies/nem/#marketsVolume traded at Zaif is excluded because of no trading fee. thx! But why did Alexandra said, that the volume is so low because Zaif doesn't publish their volume!? At the end we need much more volume and I hope that with the marketing plan for next year this issue will be solved!
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ninjaskip
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November 02, 2017, 03:21:24 PM |
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Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods. Mining obviously accounts for a lot of that, but even non mineable stuff outranks it. The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump. As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes. So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM! The question is, why Zaif do not publish their trading volume!?! Why does Zaif not publish anything? Are they simply not listed at CMC or what's the point? Would be good to see all data for XEM. It is much more attractive to investors then.
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etherflyerofficial
Newbie
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November 02, 2017, 03:22:03 PM |
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Just pass by, Great project!
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fragout
Legendary
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Activity: 1279
Merit: 1018
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November 02, 2017, 03:30:40 PM |
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Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods. Mining obviously accounts for a lot of that, but even non mineable stuff outranks it. The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump. As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes. So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM! The question is, why Zaif do not publish their trading volume!?! Why does Zaif not publish anything? Are they simply not listed at CMC or what's the point? Would be good to see all data for XEM. It is much more attractive to investors then. 23 Zaif XEM/JPY ** $3,787,770 $0.178808 0.00% Recently 24 Zaif XEM/BTC ** $698,321 $0.179792 0.00% Recently * Price Excluded ** Volume Excluded - No Trading Fees
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LemonAndFriesOne
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Activity: 1050
Merit: 1000
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November 02, 2017, 05:08:06 PM |
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Why doesn't everyone enjoy the fact that these low prices of NEM allow for better adoption and distribution.
Wouldn't want NEM to all of a sudden go 9000% up and all those big bagholders dump their bags onto the market and possibly crashing NEM now do we.
The redistribution of NEM will continue until there is a very strong, diverse, and fair distribution for those just joining NEM cryptosphere. Until then expect low prices and automatic corrections of NEM in terms of BTC, but in terms of fiat it will continue to hold its value. Once redistribution is complete, you will see NEM go up.
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milaoz
Newbie
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November 02, 2017, 06:02:37 PM |
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Will XEM grow by the end of the year?
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Renko
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November 02, 2017, 07:11:23 PM |
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XEM so cheap right now!! keep accumulating!!
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jkoil
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November 02, 2017, 10:12:21 PM |
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XEM so cheap right now!! keep accumulating!! Cheap? It is not cheaper than month ago And it is not more expensive either ... it is the same 0.17 USD That's why it is little bit sad to look the XEMBTC course going downwards.
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mahdaoui imad
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November 03, 2017, 04:08:15 AM |
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need to focus on fighting the deasease
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