I know at least two acquaintances who don't post on this forum (they do lurk) and they intend to purchase some NEM at launch, despite never owning any digital currency.   I've also been implanting the idea in other people but no guarantee if any will follow through.  I also intend to purchase more myself.

 I think the enthusiasm for NEM easily outstrips the enthusiasm for BTC back in 2009.  I think it's because of NEM's features, the fair distribution and the fact that digital currencies are a proven technology but the deliverance has been mediocre if not substandard so far.
 
NxT wasn't bad itself - I remember vaguely people were impressed by it but all the FUD about the distribution and the code did that coin in.  I don't think the NxT whales comprehend how bad the FUD was and is.
 

I heard the same crap from friends and co-workers back in December 2011 when BTC fell to $1.96 each from the all time high of $36.00 in June 2011. I heard the same thing when LTC was less than $0.11 each also after falling from about $1.00 high.

If you are trying to pay today's bills with current mining proceeds you're an idiot. Mining is about speculation. You are mining for future payouts, not current ones.

Trust me I had a number of people give me hell for going $1500 in the negative every month verses coin earnings by paying electricity bills while maintaining a personal 90 ghs gpu farm back in Dec 2011. Funny thing all of those $1.96 btc turned into $1200 BTC just recently. I caught the same crap when I flipped over my gpu farms to LTC when I upgraded to all ASIC for BTC. Again, all of those LTC turned into $35.00 each from sub $1.00.

If you cannot afford to support your gpu miners for at least 180 days, you need to get out.


~BCX~



This thread moderated to control stupidity and spam only. Differing opinions welcomed.