Bitcoin qualifies (or attempts to qualify, if you're skeptical) as a money due to its finite supply. But it was not designed to beat gold as a money, it was designed to beat paper as a currency! And that's exactly what we need if we're ever going to escape the historical cycle of gold, gold standard, paper fiat, hyperinflationary collapse, back to gold, rinse and repeat.

With Bitcoin, you can send funds to someone halfway around the world in under ten minutes, with no need for third parties. With government fiat, a wire transfer between banks might take 3-5 business days, minus hefty transaction fees. With all the recent regulatory clamping down on travel, a gold bar may never get there. So while fiat beats gold in this category, Bitcoin beats fiat. The ramifications of this advantage alone could prove to be huge.

Other properties worthy of mention are divisibility and recognizability. Precious metals are certainly divisible, but picking out exact change in coins is kind of a nuisance compared to today's credit system, where a swipe of a card always deals the exact amount. Meanwhile, a Bitcoin transfer holds precision up to 8 decimal places, without hampering the feasibility of the transfer. So in this sense, I'd say Bitcoin is in a tie with fiat and has an edge over metals. Recognizability (resistance to counterfeit) also favors Bitcoin. While there certainly are tests that can be performed to authenticate precious metals, it's impractical to perform this confirmation with every transaction. Government currencies have all those fancy watermarks and whatnot; I don't know how well they resist counterfeiting but at least it's an easy check to perform. But Bitcoin transactions are confirmed multiple times all throughout the network and are therefore impossible to counterfeit. And you can't mix copper or tungsten with a Bitcoin! So while I can't say whether gold beats fiat in this category, Bitcoin certainly does.

I understand why he and many other gold and silver advocates tend to be skeptical of Bitcoin. On the surface, a recent invention seems to bear no resemblance to a commodity that has withstood the test of time, and the current fluctuating price hardly indicates a store of value. But the philosophy behind the invention was a recognition of two things: 1) a sound money must be in finite supply, and 2) the only way to beat fiat is to outperform it as a currency.

Nem is my favorite coin too.
Fair distribution, 100% new code. 

Do you just hope, or you got some kind of evidence (about flying under radar, I mean) ? You're right with "wont be long before news snowballs", e.g. new info about Catapult development is really exciting! But see the "market reaction" - almost zero. Marketcap is still slowly decreasing and 24h volume is falling down to the ridiculously small values. Of course I understand the "HODL effect" in PoS/PoI based coins (in contrast of PoW and their daily mining activity), but still - where are the thousands of new buyers, desiring to have a new superior coin? ;-) Surely I hope (and we all hope, I guess) it's just a calm before a storm.

I told everyone long back this shit is going to 500 sats soon.

Not sure how many listened..Calles this at 2250 sats

Anyone else got the impression that the price of XEM is currently being controlled by bots to stay around 1000 satoshi? I see these 10-20 BTC buy/sell 'walls' moving up and down and there's a few hundred BTC of volume on Polo per day but nothing really happens.

I don't personally think that margin trading helps a coin's development at all.

margin trading brings volatility, which is bad for using nem for it's value for development (for ex. the comming Foundation)

Im sorry guys but good for trading is not good for nem.

This comment is simply not true. What does Brexit have to do with NEM? Only miniscule part of Britain knows about NEM. And even if more people did they will invest in the more tested equities and cryptocurrencies.

Quite happy to have held my XEM all this time.

I always knew this was coming, and it ain't even over yet.

Because it comes with an extra special inbuilt function named GREED.

I do find it really weird that all these pieces of shit are exploding and imploding all over the place but the ICO crap automatically bakes that in. 

That was a joke of me.

Dogecoin power comes from strong doge-community.
Strange to say, I even imagine they might found a doge-country and make dogecoin as their national currency.

While dogecoin hits 50-70 satoshis, the truth is, I did not owned 10 billion
doge, but rather a mere total of 4 billion. The amount of holdings I had were
overstated so as to aid me and mask by exit strategy in the near future.
Now, came the part of Jamaican bobsled team. It was a perfect time for
other whales and myself. We signal through buy/sell walls that we are ready
to move. It was a test pump. We wanted to see if the dogecoin community
were gullible enough to think that it was the Jamaican bobsled publicity that
have drove dogecoin prices up. The bobsled team brought value and publicity
to dogecoin, but people are always confuse with prices and value.

Xem price is very low and that is not good

I think it's safe to assume that every single person on here and working in the crypto space has been convicted of theft, money laundering and child porn. I know I have.

how on earth nem is still so cheap is beyond me.

You see an enemy in me. You accuse me too.
No one has ever stood on my side.

However, once again I ask support and assistance to the community.