Re: NEM (XEM) Official Thread - 100% New Code

Wow the market was recovering very nice and suddenly went down again what is happening ?
This is not a correction ! Huh

Someones sold to get quick profits - and to keep the course low.
They also have such volumes, which bring enough dollars to them. I.e. big owners.

Or
someone's robot had a bug Wink

It looks like that there was no sensible reason to start selling.
Especially when the course has finally started growing after being for awhile at the 10 month's lowest.
Who wants to sell in such a rise? Owners, who want to keep the course low, or who think that the course will go to 100 dollars.

I actually think this is all about market manipulation right now. Its some big whales playing and making decent profit. No one can predict the market and especially in NEMs case the market has already bled out. The price of nearly all currencies was pumped early this year without any aspect of organically grown movement. The correction was needed and I really hope that NEM can pick up a steady growth with all the new partnerships in the pipeline

Yes I agree, at the beginning of this year all efforts have been made to pump up the price, but all happens is they continued to decline until the really low, we recommend NEM take a stand and prepare everything to keep the face of market conditions fall.