Quote from: sammart57 on June 28, 2017, 02:03:57 PM

looks like the markets are starting to rebound today, so that's good.
I'm still troubled by the lack of volume. I just don't see how we can have this kind of marketcap with barely 6 million in usd worth of transactions.
I know the typical reason given here is "miners don't have to sell to pay for costs" but there has to be more to it than just that.
There are plenty of coins where it's hard to mine a block much less enough to profit on, and they have tens to hundreds of million in volume per day.

So what do you guys think the reason is? I'm sure no mining is a part of it, but not the entire reason.
Are people really holding that much that there isn't a whole lot out there to buy and sell?
is there just not much interest?

what is everyone's thoughts?

lack of exchanges is a big reason IMO.

Check ETH's market vs. NEM's (300+ vs. 17)
http://coinmarketcap.com/currencies/ethereum/#markets
http://coinmarketcap.com/currencies/nem/#markets

Korea's exchanges such as Bithumb, Coinone, and Korbit are driving huge volumes these days, and no NEM on these ...

Anyway, the NEM Foundation Global Expansion is big news!
https://coinjournal.net/nem-io-foundation-unveils-us40-million-global-expansion-plan/

"Other initiatives part of the partnership include the development of a cryptocurrency exchange for the NEM ecosystem. Blockchain Global previously built ACX.io, Australias largest Bitcoin exchange by volume."

Shows they continue to focus on Blue Ocean strategy ...