1. ICO price was 1 ETH for 175 NET. ICO price was $1.30USD per 100NIM, it means ICO price for 1 NIM = 0,013 USD. Now the price of NIM is 0.000806. Do the math yourself. It is 16x times smaller than the ICO price. If you had invested 100, now your investment is worth 16 dollars. What a great deal!
2. They bought a 1.1 million dollar villa in Costa Rica. Read the fucking transparency report. It shows clearly that now they have a 1.1 million dollar villa describe as an asset. I don't think they bought the villa before the ICO.
https://i.imgur.com/O9NMPQ4.png3. They spent over 5 million dollar in the first year. Probably in 2019 they will spend another 5 million dollars for the software development (RUST, design, etc...) and market study. By the end of the next year, the project will simply be bankrupt and close exactly like Beepool without any warning.
4. Their burning rate per month is higher than 250,000 usd because now it includes extra costs of traveling, more people in the team (they hired a bunch of newbies), marketing boat, etc. Probably for the moment, the burning rate per month is about $350,000.
5. Beepool and Philpool both closed this week due to lack of keeping the joke alive for too much. The project just became worthless and it is just keeping alive. Like internet bubble, there will be a day when we will read a medium post: "Unfortunately, due to the high cost of the project, we need to shutdown the nimiq network. But still the source will be available on GitHub"
6. Robin lost a lot of weight ( ~ 50kg ) and you can see this by comparing the last videos from April with the really videos. Also there is a huge change in the mindset of Robin and the way he is looking in the camera. Most of the people from the nimiq community believes that Robin lost weight due to the fact that Robin used to consume coke and eventually he became an crack addict. In Central America coke is definitely way cheaper than in other places. This is the simple reason why at the moment Robin (the main guy) is not present in the videos and he lost a lot of weight
7. Somebody proved that the volume of NIM is totally fake. They either run a trading bot by themselves losing money or they paid an exchange to report fake volume to Coin Market Cap
Here is the finding of a user who posted the proof of the volume bot on reddit
https://i.redd.it/symin6g57wx11.pnghttps://www.reddit.com/r/Nimiq/comments/9wdkie/nimiq_fake_volume_trading_bot_was_detected_on/8. Why they pay shillers at all? The team said in many times that they will never use the shitcoin shillers to shill
9. The active community is less than 30 people. Do you want me to count the active users in the last 30 days? Everybody else left the project for good. Including Robin the main guy
10. The killswitch are the seed nodes. If there wasn't any killswitch why in the world they have seed nodes and they keep them online. Moreover, a few months ago when they used to have problems with the seed nodes many of the users complied on discord that they couldn't use the safe wallet. By the way, the seed nodes cost more than $20,000 per month for the team to maintain it. Why it costs so much? Simply, the project is not salable and it will never be salable. Nimiq just transformed itself into an internet bubble that will pop this year, 2019
