Quote from: smart757 on March 04, 2018, 04:47:58 AM

Another observation, i think nem wallets being disabled on most exchanges prevented a truly staggering free fall.
If all wallets had been operational after the hack we'd have probably witnessed the fastest and most complete fall crypto had seen up to this point. I think disabled wallets prevented a mass exodus, and let things bleed out over the last 2 months.

Problem is now, we've got nowhere else to go. We're right at the limit. Seemed to find support at .40 for awhile, but can't sustain any positive movement. I'd expect this latest downturn to go all the way to .28- .29 cents. I hope it doesn't but there's really nothing to keep it proped up at this point.

And thats not even taking into account a overall bear market trend. What if crypto as a whole loses 200b market cap again?
It would be ugly... We'd likely be back in the teens or high single digits.

If BTC revisits 6K XEM would destroy everyone aside from the earliest holders. Right now watching BTC struggle to hold 11K it all seems very possible. The only "hope" is that the "core" holders support the price up to about $0.16-$0.18 which seemed to be a sort of floor in the fall of 2017. I originally bought XEM back in Sept. 2017 for $0.30 and ended up selling it off around $0.22. To me XEM has been completely cursed. It is all a shame because it is one of the best projects in crypto but the management is absolutely incompetent. They could write a book on how to turn gold into shit. Too much Asian influence - low-key, non-communicative with absolutely no sense for selling anything.