A month ago Julijan Zavistowski (founder and CEO of Golem Project) wrote about Brass Golem - first project milestone - proof of concept for First worldwide supercomputer [1].
May seemed an eminently reachable goal for Brass Golem, but now I am quite sure that this will instead be June. But to be clear, I am not going to give any new date apart from saying: it is not May 2017.
He also said that decision was made to switch to some features that was originally planned three years from now which justifies the delays. Regardless of whether we have a good news about Brass Golem milestone attention of investors will grow until the end of Q2.
Also news and facts about the competition must be taken into account. SONM bounty campaign and ICO got a lot of attention. There are lot of job opening positions at iEx.ec.
We are at the middle of the June and it's time to start watching at [GNT] price.
Technical analysis
Under standard price chart you can also see "Price volume trend" and "Standard deviation". If you look at the ellipses 1 and 2 you can see the characteristic combination of these indicators which caused the formation of support lines S1 and S2. Especially look at a "Price volume trend" jumps that has not happened today (ellipse 3). Standard deviation is also at a medium level. I think that today's price jump is only warming sign and next support line (S3) price discovery.
I expect maximum investor attention in the period June 22-26.
Consider this analysis only as an my personal opinion. I am not responsible for any consequences resulting from the use of this information.
I own some GNT (about 1/20 of my portfolio). I like Nassim Taleb's "skin in the game" principle. I think Golem will not achieve such greatness and dominance as for example Google today. Following this analogy I thing Golem is more like early Internet search engines like original Yahoo, Lycos or Altavista. Much time will pass until we get something like Google in the world of blockchain supercomputers. The reason for my doubts is Ethereum as underlying technology. I more prefer next generation of DAP blockchain platform like EOS or Quantum.
References: [1] https://blog.golemproject.net/when-will-brass-golem-arrive-what-and-when-or-dos-and-don-ts-76218389107f