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Hindsight is always 20/20...
Looking back it's still a bit fuzzy...
Speak of mutually assured destruction...
Nice story, tell it to reader's digest.
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How many retards is part of your team?
I can count to potato. |
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I picked up a bit of this with my proceeds from selling a hair of XEM. Right now it's the only altcoin I own (besides XEM)
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Someone was posted in another thread about some good news on this coin. https://www.reddit.com/r/nem/comments/6bt0nt/massive_news_for_nem_and_mijin_in_japan/Developers are talking to banks in Japan to integrate this coin features and developers trying hard to promote this coin with hard work, so prices are going up. I feel it is the right time to enter into this coin. After I purchase this coin, already almost 80+ profit gave me in less than one week time. That news is actually old news. There is some more recent news about the technology being used by a couple of companies, and there is a lot of potential with the technology that is being worked on in Japan. Mijin, a private version of the platform based on the upcoming Catapult revision, which will be rewritten in C++ and be capable of 3000 transactions per second (contrast that to bitcoin which does about 7 transactions a second on a good day) ... this kind of scalability would be useful for financial institutions to decrease costs in their doing business. If you actually study the tech you'll see that it puts things like LTC with segwit to shame. This is the third coin of the big tree (Ripple, Ethereum, and XEM) that are poised to replace bitcoin, and of the 3, XEM is by far the best CURRENCY, while Ethereum is the best service/application platform. Ripple's kind of like the redheaded stepchild that people want to leave the room but it's there anyways. :p After weeks of trying to extol the virtues of this coin without sounding like I was simply pumping or hyping it, it gets the respect it deserves. Unfortunately the threads disappear off the first page fast and another "best altcoin" thread pops up twice a day. Hahaha.. the logo I made during the original stakeholder days is still there. Anyone remember the TV network UPN? :p https://bitcointalk.org/index.php?topic=426303.msg5413301#msg5413301At least I can say I put in SOME effort to get my stake.. a few people even liked the logo. :p |
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NEM to $1+. It is already 9,000-10,000+ Satoshi. Read up on NEM platform reducing various kinds of asset/financial modeling costs + smart contracts. Banks will have reduced costs and those financial institutions will be super interested. Get in early! Implementation will be widely discovered and people will have a huge demand to acquire NEM. Increase in Demand = Increase in Price We are going to the moon.  It really is the coin which comes closest to Ripple without all the criticism over locked up supply and central ownership. With that said I can't make a screaming buy recommendation here at $2B like I was at $500M. It still may double or triple, but I would say it no longer has 10 bagger potential, realistically. This assumes that bubble doesn't go poof any time soon. Volume is not super high and I'm not seeing any sign looking at the charts that anything is going to pop yet. Bitcoin should make an uneventful rise above $2000 in the next week. As long as the crypto bubble as a whole doesn't burst, XEM will keep going.. I don't expect a significant selloff... it will kind of form a flat base like it has after it's past rallies. I'm not willing to make a prediction saying it will hit or pass Ripple's market cap. Anything is possible, of course. It certainly has the tech to justify a similar valuation to Ethereum/Ripple, but meh.. I'm not going to make that call. |
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The easy money has been made. I will say that.
yep. i don't think enough people realise this. some of the alts now have seriously high valuations. because of the nature of where they're traded, crazy pumps are still very possible but there's more room to collapse than go up these days for the big ones. none of them have delivered on any of their promise yet look at the prices. it's nuts. Trust no one, as they used to say on the x-files. How many coins trade now and the vast majority are dead because their developers took the money and ran. The ones that survive are the ones that did not take the money and run. Ethereum, XEM, and Ripple. These three are the only ones likely to see any sort of mainstream adoption for business purposes or otherwise, at least in the short to mid term until a coin comes along that can improve upon them in a significant way, which looking at their whitepapers, is not the case. None of the coins that promise anonymous transactions are going to go anywhere because businesses want trace-ability. LTC with segwit is not really an innovative coin.. it's an improvement over bitcoin, yes, but XEM is already better by default for scalability, security, and feature-set. In any case the altcoin market (outside the top 5) is akin to trading pink sheet stocks. Back in 1999 I managed to buy a ticker symbol ECNC for 28 cents and sell it for 9 dollars. That bought my car. I haven't had anything like that since, until now. |
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I am very sad  i am a nem believer but i forgot my password on bittrex with 2300 nem on sell for only 0.000003 years ago. The price sky rocket and i just recover my bitrexx account. And im very much in regret what took you so long to recover it? how would you feel if you knew you have $500k in your account but you forgot to redeem your stake? you just sit and watch your stake go up $100,000 in one week but unable to do anything. some people here have already experienced this. 2300 is not that much actually, i'm sure you will be able to get even more later Poof, there goes $500K. This is my second stake which is lost in oblivion. http://chain.nem.ninja/#/search/NBVJRKLWYVLAHDQGIJWX7BUVPFGQAXHGFHIMI4IOOMG! how can you handle this mentally? Because I have one stake that I did manage to save.... one is better than zero. Someone who got 4 stakes and sold them all for $3K or less way in the beginning.. I'm doing MUCH better than any of them having held it through the spike we had in 2016 and only started to sell when the market cap surpassed a billion dollars, and even then I knew it was a 2 billion dollar plus coin so I didn't sell much. I can't complain. Hahaha.. the logo I made during the original stakeholder days is still there. Anyone remember the TV network UPN? :p https://bitcointalk.org/index.php?topic=426303.msg5413301#msg5413301At least I can say I put in SOME effort to get my stake.. a few people even liked the logo. :p |
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5 years is way too long to speculate. 2-4 weeks ago I recommended XEM based on the tech, and it's still relatively undervalued compared to it's peers, Ripple and Ethereum, but there's probably going to be alts that can vastly outperform it on a raw percentage basis at this point since it's gone up 4-5 fold since my recommendation.
I would recommend simply waiting for ICO's that have a low cost distribution like NEM did that seem innovative. Don't go giving a bunch of developers millions of dollars for some ICO.. make them give it away and if they put in the hard work to make their technology competitive and useful, the coin will appreciate in value and they'll be rewarded at that time with the 5-10% of the coin they decide to keep for themselves and the development team. NEM was mostly a very low cost/free distribution, and there are some pumped ICOs that are not, like Tezos. There's no reason an altcoin developer needs to raise millions of dollars before they prove themselves. They're most likely going to take the money and run. Don't be stupid.
I'll throw in a few.. but not for a 5 year hold... 5 years is too long.
Ark
Lisk
Nexus
Pivx
NEM
The easy money has been made. I will say that.
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I am very sad i am a nem believer but i forgot my password on bittrex with 2300 nem on sell for only 0.000003 years ago. The price sky rocket and i just recover my bitrexx account. And im very much in regret what took you so long to recover it? how would you feel if you knew you have $500k in your account but you forgot to redeem your stake? you just sit and watch your stake go up $100,000 in one week but unable to do anything. some people here have already experienced this. 2300 is not that much actually, i'm sure you will be able to get even more later Poof, there goes $500K. This is my second stake which is lost in oblivion. http://chain.nem.ninja/#/search/NBVJRKLWYVLAHDQGIJWX7BUVPFGQAXHGFHIMI4IO |
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This is why I respect XEM... Huge free distribution and some additional distribution that didn't cost much. The team continued to work on it despite languishing prices for a long time and plenty of people had time to get in low so you can't really call it a premined scam.
It's as good as ripe but not centrally controlled with huge supply lockups.
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NEMs distribution was comparatively inexpensive. Many people got it free. Thats the way to ICO a coin. No developer in the crypto space deserves millions of dollars until the coin proves itself which is what NEM did. Too many people take the money and run.
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That's by far the most impressive story so far.. if Ripple's trading at 14 billion and rising, NEM could blast up and pass Ethereum. Money talks, and banks have them. |
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The coin has at least as good of tech as Ethereum. I'm fully expecting a double in the next week.
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As expected, congratulation XEM for passing LTC and taking the number 4 spot. The road to $2 billion continues. With tech that is as good as Ethereum's but just in a different way, more as a scalable currency rather than an application platform but with some great functions, it will be at $4B market cap before you get a fraction of the posters to mention it... by the time it hits $6B people will finally be recommending it. Not trying to hype it, it's just plain as day to me. No brainer. While people are focusing on patches like segwit in the forums we have superior tech already trading, and it's in the number 4 spot now. https://www.reddit.com/r/nem/comments/6bt0nt/massive_news_for_nem_and_mijin_in_japan/The largest online bank in Japan has been testing Mijin since 2015 and has had a 90% cost reduction. With faster transactions and a much more secure network than Ripple, being far more easily customization, NEM is really taking off with all sorts of businesses with implementations ready today. |
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Congratulations XEM for passing LTC and taking the number 4 spot. As expected.
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I'll stick with XEM. It will prove itself in time.
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Avalon Life Puts Land Ownership on Blockchain, Launches GREEN EARTH ZERO Service with NEM Technology
Bitcoin Press Release: Avalon Life announces Green Earth Zero tokens, makes buying less than one square meter of land possible in Costa Rica.
May 15, 2017, San Jose, Costa Rica – Avalon Life, a cryptocurrency mining company has announced the launch of an innovative GREEN EARTH ZERO service, backed by the namesake Green Earth Zero token. Created using the NEM blockchain technology, GREEN EARTH ZERO service enables participants to own land by the square meter in Costa Rica.
Avalon Life has incorporated a simple, easy to use three step process for the users to sign up and buy Green Earth Zero tokens directly on the blockchain platform in a quick and secure way. Avalon Life has developed a customized blockchain wallet based on NEM technology to release this service.
Source: http://bitcoinprbuzz.com/press-release-avalon-life/ no price spike with this "news".... other coins get a good bump on any news  There's still some stakes out there that need to sell into the system.. some guy on the nem forums was trying to transfer 3 million XEM to poloniex. Long term no worries. Short term there may be some supply to absorb. I myself have sold 20% of my stake over the last week. It's just smart investing to take some off the table. All those supernodes contain 3 million XEM. They need to reduce supernode requirements down to about 100,000 XEM and transaction fees down to .1XEM. Hopefully they is something they address. I'd like to run a supernode and will keep 100,000+ XEM for that no problem. All the Alts except Ripple are selling a bit. |
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May 15, 2017, San Jose, Costa Rica – Avalon Life, a cryptocurrency mining company has announced the launch of an innovative GREEN EARTH ZERO service, backed by the namesake Green Earth Zero token. Created using the NEM blockchain technology, GREEN EARTH ZERO service enables participants to own land by the square meter in Costa Rica. “We use NEM because of its customizable features, assets, and security measures. It is the only platform advanced enough to launch GREEN EARTH ZERO that has proven over time to be secure and reliable.” About Avalon Life S.A Avalon Life is a company committed to the production or “mining” of DASH, a digital currency similar to Bitcoin. Avalon Life maintains five mining facilities in Costa Rica and Switzerland, with plans to expand its mining operations across the globe. http://bitcoinprbuzz.com/press-release-avalon-life/https://www.greenearthwallet.com/#!/ |
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