First of all, dumps are made by market makers/manipulators. Some panic sellers join this party as a losers (so called "Gamboni Play"). 90-95% of all traders must lose something, to give their capital to the winners. Laws of jungle:) The more exchanges, the less manipulations on price (but manipulators exists always, despite of number of exchanges, but for price it's not so painful, dumps looks like health corrections). That's also explain, why in case of XEM we have so thin market with only few exchanges. The main purpose is, that it will serves good for manipulators. Who are this persons? I dont know, so i dont even try to write here their names. But i have some suspicions and of course hold these for myself.

The "best blockchain" marketers, and whole NEM Foundation should seek fast resolve for this problem, in other case... I dont even want to imagine that or write it here, what will be in other case. All i know is that many people avoid investing their money in so fishy situation. Moves of price in case of XEM are for now only in cathegory "Pump&Dump", and not health growth.  And of course postponed Catapult (in May Lon Wong has mentioned about Summer) gave to market some uncertainty about that matter. Now we have December as a Catapult release time, but who knows, every delay makes less confidence among market players. They move to many other promising projects, even with not so "cosmically best blockchain technology" but with much better marketing.

edit// and "support" 4700-4800sat broken, as expected (by me;))

3.5k Incoming.  And I am gonna guy it.

If all you're seeing is investment and P&D schemes, you are looking at this whole community/tech the wrong way.

Cryptocurrency is much more than just simple trading games, it goes much more beyond that but it will not be so obvious until the strongest coins chosen by the market become mainstream.

Do not worry about price of short term gains and look at the long term benefits of such technology. If all goes well, this tech will change the world hopefully for the best.

Very good news! Well done NEM team!

So according to the reddit post you linked, they think its a clone of bittrex and will use their orderbook. They are listing 111 coins so I assume NEM is one of them. Now we just need Kim to not wipe S-Korea off the map - until NEM hits $1 anyway

nice to hear. Great addition !


Ah thanks for the explanation!

This space is made for every type of discussion, academic discussion does not need a time or place. Just 2 minds who can debate rationally.

But I see what you are saying, have fun trading and collecting profits. Many are taking advantage. This opportunity won't be forever so I can understand where you are coming from.

There are so many nice news about NEM, and guys, even I am working with some behind the scene projects that can be positive for NEM blockchain. Seeing NEM going down when other cryptos rising isn't nice, but seeing it stay in place when other alts diving their prices, it's satisfactory!

Dive to below 3500. First dive in there. And then you can and the lunar expedition))