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RE: My thoughts concerning the future of NULS
Lot’s of price speculation pulled out of thin air. As of now the tokenomics and market conditions aren’t primed for a 10x of any token, especially not one already sitting at 100million.
Also saying that Nuls needs $20 to succeed is pretty broad statement. You don’t know the pre arranged contracts they have with the devs, so it may very well be sustainable at current prices.
I am a fan of Nuls and have been a holder since 40 cents, but this just seems like unadulterated shilling.
If you consider the truth "shilling" then the truth is that we are very undervalued ! Thanks for your comment.
Look at it from the outside looking in.
First you say that Nuls needs to be $25 to execute its strategy, then you say it will hit $25.
Ask yourself this question, would you invest in a company who technically needs to go 10x it’s current marketcap to survive?
I’m not saying Nuls isn’t good, but you are wrapping speculation ( wishes) as facts and done deals. So yes this is shilling.
Do you think all these people will let NULS die ? If yes then sell your coins as fast as you can. I think they will make it grow.
I never said that, it literally feels like you want $20 Nuls so you can bail.
Also you seem to be getting defensive though I said nothing against Nuls, just your approach.
You don't understand the token economics behind the community devs and community leaders idea. Nothing will happen or will be done until we reach the critical price of 20 USD per coin.
Lol I don’t understand?
So what you are basically saying is that this crypto is dead until it hits $20?
Tell me more about how poorly planned out this business is. Or are you just talking out of your ass.
I agree
Exactly what I'm saying yes. This is a shitcoin until we hit 20 USD, the critical size to start growing.
yes
Hey
Main flaw in this article is expecting something to skyrocket just because there's tons of power behind it.
Roger Ver did fail with something like 4 Bitcoin forks (BU, BitcoinXT ....), spent millions trying to push them to adoption. All have failed hard. But then he finally succeed with BCH and made all his money back on idiots buying useless crapforkcoin for serious money. Couple of months back, when mempool was high and BTC transactions were slow and expensive, LTC, ETH, and other alts were suitable substitute for BTC transactions, well adopted and fast.
But because of hype paid by Roger Ver, BCH to BTC ratio was 0,3:1
And many idiots were buying BCH. Roger did increase his net worth by 30% while Average Joe was buying worthless fork.
NULS have same possibility succeed, but also to fail and be replaced by some newer variants which will eventually succeed.
I think you're confusing Roger Ver being the figurehead of all bitcoin forks.
Bitcoin itself was about community and developers for a very long time. There are multiple people who are developing on it including Gavin Andreson, Mike Hearn (not developing for bitcoin any longer), .... Roger Ver. The developer community of bitcoin cash is quite decentralized if you look at it quite closely instead of following the /r/bitcoin troll behaviour.
Contrast that with bitcoin core's developer community - you will see that they are all bought out by Blockstream. And I really, really encourage you to see who is funding Blockstream before you respond back.
Developing something and funding it's adoption are two different things.
Almost the day BCH appeared, all previous forks websites had BCH wallets ready.
It's coordinated bullshit sale but the biggest mover behind was and is Roger Ver.
Blockstream protects their assets, which is also in interest of current Bitcoin holders.
Roger wanted to take over and failed, but still made 30% increase in his net worth by selling worthless junk to tons of Average Joe waiting for miracle to happen (getting the idea of BCH overtaking BTC while reading shill blogposts on Bitcoin.com/Coindesk/CCN ...)
I've sold all my BCH at around 0,2 BCH : 1 BTC. I'm perfectly happy some Average Joe did bought my worthless BCH which I received by doing nothing.
NULS is already very fast with 10 seconds blocks capable of enclosing tons of transactions each. Jason one of the core developers has reached 2K TPS when he modified the block size, we were limited to 800 TPS before he made that change. Again, this was under disclosed as they didn't want to hype the price because they still didn't have their own coins.
Why exatly is BCH a craptoken? It got overvalued, but so did everything in crypto. I've never been a huge fan of BCH but it is perfectly fine.
Wow
Thanks for your valuable comment. I do know the contracts in place as I'm in the private dev group.
i also have been a holder since 29cents
Very very good entry price !
when nuls will cross 5$
Let me check my crystal back and I will be right back to you.