Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Once Popular Coins (Graveyard) => Other Popular Cryptos / Coins => NEM Forum => Topic started by: coinhunter on October 19, 2017, 12:19:14 AM
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The number of coins is way too much , what do you think?
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Agree, they have too much coins
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is anyone follow the new roadmap for NEM ?
NEM/XEM need a good new info ....are even dev still active ? :-\
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i think nem just lost its name as more new advanced masternode coin comes into the market...its high node price make its price less and definitely its large supply
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yes agree with you. too much coins but price very low!
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That's irrelevant. No of coins can't be an issue. It's the usage / popularity
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Nem is growing, and this is the main sign of demand
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this is very true
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It is true that the number of coins is too high compared to other cryptocurrency and the supply and demand of the coin determines the price of the coin. Nem has high supply and the demand is too low compared to its supply but it may increase its price if more people will want to buy this coin.
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That's what I am also thinking that the total circulation of this coin is very big.. And it's keep going down but it's really cheap now..
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I think it won't affect by each coin or too much for it.
It will affect by the investors.
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I dont think the number of coins in the market or on the marketing is whats keeping the price low.
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I agree that there are too much coins buh I don't think it really affect their prices.
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Although the number of coins is too much ,I don't think it's really the cause of the low price of NEM. It is not quite popular now and it's usage and investors are quite low. But I believe the price will rise with time.
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I think all the coins seem to solve one problem or the other that the mother coin falls short of. Some solve the problem of high transaction fees, some faster transactions and many more. I don't think the number of coins in the system affects the value of the individual coins but rather it is the demand and supply and the market capitalisation of the individual coins that determines their value
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That's what I am also thinking that the total circulation of this coin is very big.. And it's keep going down but it's really cheap now..
That is why we should always consider the price with the number of circulation in the market. If price is high aND the supply is big, that is very dangerous.
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Too much coin can affect the price growth, you will better see a turtle progress than seeing something block by its own will.
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I definitely don't think that is the reason but it certainly doesn't help.. I think NEM got way overpriced back during its bullrun but its over corrected imo now.. I htink you can see an easy 50-60% gain on BTC in the next alt cycle with NEM if not even higher than that.
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Not at all but on the other side it can just slow the performance and can be deliver an unsatisfying result like putting your bank and gain nothing.
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I agree that there are too much coins buh I don't think it really affect their prices.
You know, it’s not very nessesary how mach token suply you have. If cion is good, the price will grow up.
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It's true that the the huge number of a coin affect the price itself but I believe the team of NEM knows this case. I think the best way is to know the purpose why they created too much coin doing this can give us better understanding and will help us to decide of buying NEM. But I think they will burn some of it if the rice will be stable in the future.
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You are right mate. To have a large number of coins always affect the price to become more valuable, so it will be the weakness of NEM.
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I don't think the number of coins in the system affects the value of individual coins but rather is the demand and supply and market monopoly of individual coins that determine their value.
Some coins can solve the problem of high transaction costs, some transactions faster and more.
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It's true that the price of a coin is always affected by the supply, but as long as the coin is useful this will end up with the same good result of the over all earn in the market. Like for example ripple, itis in the third rank although it has huge number of token supply.
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It's true that the price of a coin is always affected by the supply, but as long as the coin is useful this will end up with the same good result of the over all earn in the market. Like for example ripple, itis in the third rank although it has huge number of token supply.
Because they have a good platform, it is normal to be the number 3 row of high volume. where they are tokens that have long since evolved from a few years ago that cost over $1
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it can be said like that, but I am sure that old coins like XEM will still be the choice of large investors, though not completely
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If you want to be expensive then it's better to choose Bitcoin or Bitcoin Cash because these two coins are very expensive.
If we juxtapose NEM with Bitcoin, there is a lot of supply for NEM, and the price is around 0.1 USD.
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Too many coins at low prices. But if the concept of coins is unique and strong, I think new coins can compete with old coins. Especially if the coin has a great team and is able to work hard to develop the technology that it carries, I'm sure new coins will be valuable and many investors will be glimpsed.
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Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red — a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as we’ve seen in the recent past.
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Bitcoin exchange rates fluctuate wildly, it is a volatile asset right now given its huge disruptive potential. Each service that buys and sells bitcoins also has its own policies about how they set prices and what kind of spread between them they want to have. Also, the value of bitcoins kept with any particular service varies based on how hard it is to get fiat currency into or out of the service.
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I don't think that the reason why the price of coins are low is because of too much of coins, sometimes it's may occur based on challenges bitcoin is facing.
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If coins have a great team and are able to work hard to develop the technology they carry, I'm sure new coins will be valuable and many investors will be glimpsed. Too many coins at cheap prices. But if the concept of coins is unique and strong, I think new coins can compete with old coins.
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The number of coins is way too much , what do you think?
I think the same way, maybe if they reduce the supply the price can go higher than what it is. But its still a nice coin anyway.
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The number of coins is way too much , what do you think?
I think yes. However there are coins which rise despite the market. MGO, for example. It showed a good leap yesterday.
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Every coin has it use and I believe the supply is much base on the use of the coin and that also has to do with the price but in way to increase is much faster in price change and also very quick in low the price .