@Jenska
I know that You are waiting for dump, to fill Your bags. I am waiting too. But i dont scream about this here. Its ugly behaviour from Your side. Shame on You!
https://www.tradingview.com/chart/XEMUSD/nThsaMxZ-After-bubble-correction/Its nothing new in case of XEM, that after bubble we have deep correction. Especially after 2017 - year of great bubble in cryptosphere. Patience is the key, not screaming. Money likes the silence.
The dump already happened. The price is down to almost 2016 pump levels. It is not correction when asset lost over 95% of its value in less than a year. It is called crash.
Tech Bureu probably will cease it operation which mean Mijjin Catapult will cease to exists > NEM as a project is pretty much done
Crashes are part of corrections. Size of correction is dependent on size of bubble before. Even 99.9% is correction. Of course looks unhealthy and scary, but market (especially weak hands) tend to panic if they hold XEMs from higher levels, and dont cut losses at the begining of new selloff phase, so they are selling near significant dips. That is transfer of value from dumb to smart. Look @BTCUSD correction from 2013 bubble. Was also deep (fast 90%), was crashy in nature, but was not definitely end of the project. NEM is not done. This is to good technology to be done. NEM is in phase of accumulation by whales. Old ones and new ones. The lower the price, they will be more satisfied. They are collecting their XEMs from arbitrage robots. I do the same. Half from arbitrage in XEMs, half in fiat money for special promotions (if i will see 1-2 cents in XEM that will be huge promotion in terms of price vs technology behind that project).