My thoughts concerning the future of NULS

in nulscommunity •  4 months ago

Hello,

I've run some numbers in my head and I've come to the conclusion that the big strategy of NULS can't work if the coin price doesn't reach at least 20 to 25 dollars. The coin price today is 2,50 USD for 100m marketcap.

At 25 dollars with the current circulating supply would put us at only 1 billion marketcap. This price still low if you compare it with other similar blockchains.

How are we supposed to finance community leaders and community devs to grow the ecosystem ?

It's supposed to be financed by node rewards and commissions from running a node in which the team will stake 200 000 NULS, if you take the time to calculate those rewards they are unsustainable unless we reach approximately 20 dollars per coin. You can't pay community leaders and community devs peanuts, I have yet to see someone excited about any of those roles at the current coin price... if we don't reach 20 dollars per coin the community will not grow.

Who, Why, How ?

BITMAIN has invested in NULS and it was announced at the current price of 2,50 USD, BITMAIN is also helping NULS in developing Chain Factory, their subchain product. Why would BITMAIN invest in a company for nothing ? No way, right ? BITMAIN and the other investors of NULS will not let NULS die, because if we don't reach 20 USD the whole NULS strategy can't and won't happen anyway. This is correct, NULS will die if we don't reach 20 USD at least to finance the community operations (community devs and community leaders).

In my opinion a very big pump is being prepared in the shadows by those big players. For example, why would Binance list the USDT pair for NULS... a 100m marketcap coin ? This doesn't make any sense right ? Unless they are preparing an astronomical pump.

If my theory is correct they will coordinate the gigantic pump with a new top exchange listing. We can also see that the market maker is back on Binance, keeping the volume high to attract big investors.

NULS has "under announced" very big partnerships like the MC Payment partnership, that's a huge company and a huge milestone, but the team didn't want to hype it because their own coins were locked at that time ! Yes, once MC Payment integrates NULS they will hype it to another galaxy by announcing it as the partnership of the century. 

BITMAIN was also under announced and under hyped. BITMAIN has yet to announce the partnership themselves, and this will also cause hype on NULS.

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Why NULS ?

NULS is one of the fastest (if not the fastest) blockchain out there. NULS in theory can support up to 1.44 trillion transactions per seconds. This sounds a bit silly, I agree. I think that the reality is closer to 1 billion transactions per second, by combining the subchains.

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.

NULS has it's own investment branch and the chairman of the investment branch runs investment funds in China, yes, exactly. NULS has tons of money at their disposal to fund projects and they already started.

NULS is running huge events in China but they are again under disclosing this fact to the West. Today for example there is a NULS DAPP competition where 300 DAPPS are presented to NULS, NULS has promised to invest and fund the top 3 ideas.

Again, in my opinion NULS can only go up to 20 dollars at least or NULS will die. The NULS global strategy requires a high coin price.

Disclaimer :

Please note that I hold NULS coins, this is not investment advice, the coin price could go to zero in the next second for all I know.

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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.

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I am a fan of Nuls and have been a holder since 40 cents, but this just seems like unadulterated shilling.

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If you consider the truth "shilling" then the truth is that we are very undervalued ! Thanks for your comment.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Thanks for your valuable comment. I do know the contracts in place as I'm in the private dev group.

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i also have been a holder since 29cents

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Very very good entry price !

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when nuls will cross 5$

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Let me check my crystal back and I will be right back to you.

First time heard about nuls to be honest

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What is your opinion on it ? Have you tried their wallet ?

I have never heard of them. I will have to look into them now

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same here heard it first time

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Under the radar crypto that will take over the world ;)

Besides speed, what else does NULS offer? How does it keep itself decentralized with so much speed?

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many nodes run by many people = decentralised, offers modularity will always be upgradeable and will sustain being the best tech 10 years from now, also offers plug and play where anyone can create their on sidechain using modules created waiting on standby can chop and change to whatever ever you need instantly making it the fastest adopted block chain platform easily has potenital to surpass ethereum

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Many different nodes, anyone can set up one with enough NULS.

How are we supposed to finance community leaders and community devs to grow the ecosystem ?

Pay them directly

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Exactly.

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That's not what NULS want to do....

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I think NULS should consider doing this. Paying them directly is a perfect compensation to help grow this ecosystem.

Similar to how ICOS have serious kickback and bonuses for presale investors...there needs to be some rewards for the early developers on this mainnet and community leaders who are taking a massive risk in spending their time to develop and grow an immature ecosystem.

Wait and see

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We are waiting to see, indeed. Thanks for the valuable comment.

You have a minor grammatical mistake in the following sentence:

NULS has it's own investment branch and the chairman of the investment branch runs investment funds in China, yes, exactly.
It should be its own instead of it's own.

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Thanks Hitler ! The war is over now.

You got a 37.09% upvote from @postpromoter courtesy of @najoh!

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@najoh sir, i upvoted you plz help me to give Rise on steemit by giving upvote. Thanx
NULS has tons of money at their disposal to fund projects and they already started. I also hold NULS coins, this is not investment advice, the coin price could go to zero in the next second for all I know.

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If you hold more than 100 NULS I will up vote you.

It will go up

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Of course, it's going to go up ! up up up !

NULS coin will increase one day

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One day it will, very much.

best cripto he bhai

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The best is NULS, you are absolutely right. #nulsdeep

No doubt NULS is one of the fastest coin when it come to transaction speed. I think NULS can go down to $2.10 and then we can see a pump. I can be wrong this is what I think.

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2,5 or 2,1 its the same, we are not here to "trade" some cents, we are here to change the world.

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I agree, just sharing my views after seeing the coin graph :)

You got a 74.08% upvote from @upme thanks to @najoh! Send at least 3 SBD or 3 STEEM to get upvote for next round. Delegate STEEM POWER and start earning 100% daily payouts ( no commission ).

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Awesome post. The only way to do great work is to love what you do. You have achieved that.

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Thanks for the warning mister bot ;)

very good combination of Bitman and Nuls , would definitely invest something in this in future , would need more update from you , thank you for your help and support
upvote my comments and reply

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How many NULS do you have now ? I will upvote for each NULS you got before this comment was posted.

thanks
I just knew

Is that right??

The State Securities Commission (SSC) has warned industries to avoid transactions, issuance, and brokerage of cryptocurrencies. The SSC said that trading in cryptocurrencies is similar to money-laundering since they are not legal tenders. Furthermore, Vietnam's central bank, the State Bank of Vietnam had given a nod for banning the import of cryptocurrency mining devices last week. Even though the decision is temporary, it affected the crypto market in a negative way.

@harshsahu

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That has nothing to do with NULS, #nulsdeep is the way to live and die.

Oh again same price is going average

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Soon the moon we will reach.

I support this motion

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Thanks for your support, this motion has been approved !

It is a good idea but I think it's funny yyyii go took it off ycii your time and help with I already yup yup io.

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yup yup yup io, hey hey hey rektconnecttttttt, please don't do drugs.

I support this motion

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Thanks for your support of the motion !

i am a big fan of NULS

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We are all big fans of NULS, we are #nulsdeep !

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It is awesome

Thumps up <3 <3

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Thanks ! Get some NULS ;)

Information like this not only open mind of trader but helpful for blockchain lover

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Blockchain lovers are all over it !

Binance is positioned to be the freaking exxon/mobile when nearly all its competition are citgo's... no way they risk that on a little pump and dump. Nearly a year ago they didnt exist.... now they run the exchange of crypto.... why on earth would they risk everything for anything less than at least tens of billions?

My 2 cents... that are all in short If it requires a pump by major players.

I think ....NULS coin will increase.

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You think right !

Thanks for your information.
from where we can buy this coin and please share some link where we find the detail study about this coin.

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One image is worth all the words in this world. Well done.

NULS is running huge events in China but they are again under disclosing this fact to the West. Today for example there is a NULS DAPP competition where 300 DAPPS are presented to NULS, NULS has promised to invest and fund the top 3 ideas.
What is that I can%.???

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You can % ! Absolutely ! Buy some NULS and % with all of us.

To listen to the audio version of this article click on the play image.

Brought to you by @tts. If you find it useful please consider upvoting this reply.

Wow genius mind i would love to invite you in my facebook group - please read the complete article before join this group because this group and strategy ia far different from other facebook groups http://bit.ly/facebook_group-steemit-make_money
22AE685C-226F-4324-BDBB-BCD175296C39.gif

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rektconnecttt scammer detected !

The only question that matters is, are you #nulsdeep?

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Of course ! #nulsdeep ! I sold my cryptokitties for NULS ! Imagine how deep I'm ! Poor kitties....

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Nice post

Please upvote and comment
https://steemit.com/@parth6937

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Send me 10 STEEM and I will consider it.

Wow..Nuls..I like it...
NULS WEBSITE LIKE:-https://coinmarketcap.com/currencies/nuls/

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We all like NULS ! ALL IN !

@najoh Do you think NULS would be a good investment? I did not take part in NULS.

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Obviously if I post about NULS and my avatar is NULS, what can I think about NULS ? it's the worst investment ever !

hello everybody, I'm ken, I am very happy to be acquainted with everyone, please follow me! thank you so much

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If you hold 100 NULS I will follow you.

i am a big fan of NULS and Please follo me

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If you are holding at least 100 NULS I will follow you, send me a proof.

Good Friends Are Hard to Find, Difficult to Leave, Impossible to Forget.

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Just buy NULS, philosophy might not be for you ;)

nice working @najoh you are awsome !

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Thanks ! I trying to be as awesome as you but it's difficult ! #nulsdeep brother

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upvote me !

must definitely try

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We must for our soul and finances ! Try we must.

What an Important post from you. Thank you

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Thanks for the kind words, your comment is also important to me and NULS.

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We will reach greatness with NULS

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Nice as NULS ! Are you #nulsdeep ?

Good to know about your thoughts.

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Let us know about yours too please. #nulsdeep

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Okay.I will tell you later.

Nice thinking bro

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This is soo wonderful. but i have alway lost. i just need investment company which is legit which pays 1% of investment daily or more for life long like https://westlandstorage.com/investors?p=178400 which pays in cryptocurrency like bitcoin,bitcoincash litecoin, etherum etc.

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Thanks for the kind scam. You can build the next rektconnect I'm sure !

666 votes. I do not know whether to add :D

I hold nuls but didn't know it capable to hold 1.44 trillion transaction. I hope it does.

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In theory yes, but that will never happen, theory and reality are two very different things.

The work really is a lot of everyone's mind

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A lot of everyone's mind should be our new slogan for NULS !

It’s pretty cool project I am thinking about to invest in it thanks for sharing the post good explanation @najoh have you invested in it

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Please read the whole article ;)

dont know end of cryptocurrency every day thousend of projects coming daily base every project look amazing traders goes down every day in trading always some whales in cryptocurrency make money

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This one is more amazing than all the others ;)

🙏🙏🙏🙏🙏🙏🙏🙏 Pls sir upvote and resteem on my post... I want support... Please help me... I requested to you... 🙏🙏🙏🙏🙏

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No beggars allowed, but thanks for your kind comment ^^

i like your contain , I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

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We love future up votes !

I don't think nuls is a good choice. There is 1620 crypto currencies in the market right now and I will suggest for only top 10 coin to invest.

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lol dash is top ten and useless coin just a scam, tron top 10 and is there from name and hype total scam should be top 1000 coin tron, eos is top 3 coins and nuls is 10x better then eos in every way, google all the eos problems, nuls will be top 10 soon and all top 10 will be lower

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TOP 10 no profit potential. We are not here to make 50% but to make 10000%

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Nice as NULS

Hey Najoh! Great study! I got your point of supporting of NULS by big players but can you please elaborate "preparing an astronomical pump" ? Thanks..

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For NULS to be sustainable in the future they need to pump the price. It was designed this way. They must be preparing something that will pump the price.

NULS communiny great community thanks for sharing the info.

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Thanks for your kind comments, join the telegram of NULS too !

please sapot ,and please follow me please.....

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Please send 10 STEEM to my account and I will consider it.

very very good price thanks brother this post is very good for also

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Thanks for the comment bro, be #nulsdeep, join us.

Hi @najoh, you are a talented writer, very compelling reading.

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Many thanks ! You comment goes directly to my heart and soul.

I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

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We don't do scams, sorry. Buy NULS.

follow me and votes

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Who cares about you ? Nobody. #nulsdeep

Hi good post. But unfortunately, we should see their whitepapers and roadmap first before we could speculate.

One of the questions we should ask first is this. "Did they hit the goal in the road map in a timely manner?" If yes then we can say we are heading in the right direction.

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They are going so fast that they had to add things in the roadmap !

I do not understand these values

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The only values that matter are those that will make us rich. Buy more NULS.

Hi friend....... Your post is really informative... And hope so nuls would be the fastest coin as it possible to transact it.. Soon it will pump its level up to desire rang... In future I will also spent to nuls can you tell me what approximate time does nuls take to florish?

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It will florish very soon, like a magnificent flower.

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hope so... It really like to be. My best wishes are for it always!!

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Hope so... It really
Like to be. My best wishes
Are for it always!!

                 - mayasharma


I'm a bot. I detect haiku.

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It's really not what u called haiku... It's my own words... I speaks from my mind sir

CryptoCurrency was the next world 20th-century future and will be everyone accept him and Crypto was grown just with the help of Markets and people will increase the markets.

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Buy NULS, it's all that matters, the rest is noise.

Dear I upvote you and follow also same as Expected with you.

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no no no, hey hey hey, rektconnectttttt !

very good price

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You are absolutely right, the price is very good now.

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Nice as NULS !

Nice articles... I was posted also a article if you want see it... https://steemit.com/trade/@raymondgomes/how-to-trade-in-forex-markets

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Thanks but nobody want to see your video, they only want to see NULS

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We don't really care about pakistan here, only about NULS.

thank you for this post

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No my friend, thanks for your comment ! You make it possible !

Thank

Posted using Partiko Android

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Please, no need to thank me, just get a few more NULS.

nuls offers modularity will always be upgradeable and will sustain being the best tech 10 years from now, also offers plug and play where anyone can create their on sidechain using modules created waiting on standby can chop and change to whatever ever you need instantly making it the fastest adopted block chain platform easily has potenital to surpass ethereumn #nulscommunity #cryptocurrency

My thoughts concerning the future of NULS
cooool @najoh

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Very cooooool indeed ! all in NULS !

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@najoh
indeed you are right!

Hope you will visit my blog to help me
Thanks
Upvote and follow for you.

Low Bird can fly to high. High Bird must fall down. So this time can be our chance.

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Its our chance to fly in the sky with the eagles my friend. #nulsdeep

how do you winer the Binomo? vote and follow me..
ee2f2cf1fd3a1c64452b.jpg

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No Binomos dude, only NULS. #nulsdeep or nothing. #stopthebinomos

sir your post is very comfertable i like it your post

Posted using Partiko Android

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Indeed, very "comfertable", that could be a new word to describe NULS.

every crypto faith depends upon news if NULS have potential no one can stop it from reaching a new all time high

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We will reach billions and billions with NULS, it's much bigger than what they let us see.

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Yes you are right dear,do check my blogs too em new here

I'm wearing your post.Your post has been much better. I will try to post like you.

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I can see that, you can print it on your t-shirt too !

nice one, anyway I will observe the price of Nuls from now on.

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We should see the price moving to the upside soon I think.

good work..
which exchanger is best to buy for nuls coin???

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Binance is the best exchange, recommended by the King of NULS.

a beneficial research

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Very beneficial indeed, buy more NULS.

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which is the best platform website to buy NULS

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Binance

Congratulations @najoh!
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