Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
Alohaboy?!
on 05/06/2018, 07:02:32 UTC
This is why I sold everything beginning of May and am damn glad that I did.  No one cares about this project, period.  What will happen is EOS will implement some inferior technology which everyone will herald as the best thing ever and everyone will use it.  NEM straight up fucked themselves with their invisible approach.  They're done.  If you have no community, hype or marketing it is over.  Companies will be reluctant to even pick it up simply because "no one else is using it."  Very, very sad but possibly true.  The whole $2 run up was a giant fluke that all started with that stupid chinese chat app rumor and was piled on by a hyperactive market we will not see again for a long time.  Nothing to go by and had nothing to do with tech or awareness.


I truly believe in this coin and honestly think it's one of the best out there. But I don't think the vast majority agree with that statement. Nobody seems to give a shit about it, and that concerns me.

I used to think that catapult would "catapult" nem onto the main stage and in the spotlight. But I wonder if catapult mainnet will even move the needle. With the way things are going I think not. If a superior solution exists and nobody cares about it, is it really superior?

I understand the whole market is down and that plays a factor, but a bigger problem is the coin itself and lack of marketing and awareness. Although on the plus side, Last time we had a big lull like this we came storming out of nowhere to reach $2.
This pathetic lack of volume compared to the rest of the to 15 is really concerning to me. Am I the only one who feels this way?

There's an old saying that goes: if one person is the problem, they're the asshole. If everyone is the problem, you're the asshole.
Are we (nem holders) the collective assholes?

I'm absolutely agree with you. NEM team have lost big piece of crypto pie, there are a lot of real ERC tokens in market and no mosaics. Only 3 devs are developing catapult, omg, how long will it take? 3 years, 5 years, 10 years? Every feed-news startup has more then 10 devs in team and develop their project during 1 year, so catapult will be finished in 10 years. I also sold all my XEM and I'm going to buy ETH, ETH is not perfect, but ETH much more better then NEM !


First of all, how do you define real ERC token? As long as they are running on ETH as Token, there is nothing special. The only real project about them is REP to be honest. There are a lot more ERC20 token just because ETH alone is such a strong Buzzword to attract new user. ETH is far off being the holy grail. Everyone got the projects he likes and it´s good that you switched to ETH. But please keep in mind that many in here don't share your opinion.

Catapult will be released in the moment its finished. Yes a lot of P&D people don't like that because there is no real chance of accumulating before a big pump. But that was never the Plan of the NEM Team. I know it´s frustrating sitting on a loss of investment but that's just because you are not patient enough.

What level of return do you expect from ETH? It might break the ATH and even make 4x ($wise), that is something which is surely achieved in the future by NEM too. In a bull market, it´s bad luck to chose the ones not pumping and leading to nearly same returns. No wizard skills needed in those markets


You're a saint man.  I hope someday the market recognizes and rewards quality over BS.  It just doesn't seem we are any where near it unfortunately.  I don't even hold XEM right now and I'm concerned because it is a bellwether for the whole space.

Slowly we are getting to the finish line Cheesy
NEM mosaic exchange - checked
Mijin open source - checked
NEM mobile wallet with mosaic transfer - checked. And you can watch my video about it here:
https://youtu.be/4Ze-qFCSOZo
Still waiting on Catapult on the public blockchain though, but devs are doing their best!

You do know that mostly the progress made right now by any Project was forged in the past right? So he is right to say it´s slowly getting in shape because that's the truth. No need to spread FUD just because you are frustrated by your investment. If you would care less about the $ amount investment, you would be quite happy with the ongoing development