I have not been dealing with Emercoin for a few weeks. If you look at the chart, Emercoin has lost almost 75% of its value since June 2017. Much more than most of the competitors in the area where Emercoin is very strong. Does anyone know why? Did I miss a major (negative) news?
There are positive developments almost every week (Just yesterday a wallet for iOS was released!) so not sure what is going on with the price. Alts price exploded in a big way a few months ago and it's been a roller-coaster for many alts since then. The price movements of Peercoin, Namecoin and Emercoin have all been similar. I noticed some price speculation going on at
https://steemit.com/emercoin/@maarnio/crypto-contest-october-8-emercoinYes, you're right.
But when the smart contracts will be implemented ?
I guess this is the biggest step for current year.
It's been announced in public wiki page.
I'm 100 percent sure that is strong coin with surious technologies and very smart team under it.
Buth there're some negatives of course.
Can someone share a price prediction to the end of 2017 ?
And how much will it cost if btc price dropped to 1500 usd ?
Predicting the price is impossible. The only negative we face is a lack of community involvement. At this time development is continuing to push forward at the same pace it always has. As @mcoin mentioned the price/market movement of EMC, PPC, and NMC seem to be closely correlated and almost always follow the same buy and sell patterns.
Currently the team is focusing internally on development and larger partnerships instead of constant micro news updates which the community does not seem to react to or care for to the degree they should. Emercoin is
significantly undervalued compared to competing blockchains when the tech we already have available is leaps and bounds ahead of other blockchains. Some chains claim to produce new tech (such as serialization on the blockchain) while this is something that could be done with the Emer blockchain for a long time already.
As a team member it is generally frowned upon to make a statement like this - but it's the perfect time to buy. I am personally increasing my holdings while the price is where it is. When our large updates are produced and news is shared the utility of the Emercoin blockchain will be recognized more than ever before. As to what you do with your Emercoin, that is your decision alone to make.