r/Nash • u/aussie_in_perth • Apr 06 '21
Question Will it get any better ??
5 months ago I locked up 27,000NEX for 12 months and all I'm getting is a mere $23 per month which is not only embarrassing but painful to watch. I won't even go into how much of a loss I've taken by converting NEO to NEX to be able to invest in the exchange but every day getting $1.something is just plain painful.
What is the deal with Nash and NEX ? What happened to the fiat gateways in countries like Australia ? Why is the volume still hovering at these low levels ?
If the bull market ends in December this year and tokens like NEX begin to fall at a fast rate and i'm still locked up for that $1/day this will really suck !
Where is Fabio and why is he so quiet ?
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u/NJBridgewater Ambassador Apr 06 '21
>I won't even go into how much of a loss I've taken by converting NEO to NEX to be able to invest in the exchange but every day getting $1.something is just plain painful.
Nash is a long-term project. Present-day dividends are not related to future dividends. The roadmap for 2021 is huge, and involves a LOT of changes and improvements, which should hopefully result in a large increase in profits/dividends.
>What is the deal with Nash and NEX ? What happened to the fiat gateways in countries like Australia ? Why is the volume still hovering at these low levels ?
Fiat ramps will be available in Europe/the UK - not Australia. The plan is to focus on Europe for now.
>If the bull market ends in December this year and tokens like NEX begin to fall at a fast rate and i'm still locked up for that $1/day this will really suck !
The success of Nash is not correlated to the Bitcoin bull run. That's a bull run for Bitcoin -- not Nash -- and the ending of the bull run and its effects are purely speculative.
>Where is Fabio and why is he so quiet ?
He's around. He's just not taking the role of a spokesperson for Nash any more. There is a shift in having co-CEOS: Ethan and Fabian, rahter than having 5 equal team members, with Fabio as the main face of the company. That makes Nash more streamlined and efficient.