Hi, im a shareholder (thank to being informed early in my job full of IT geeks
) and im still not sure about selling any part of my NEMshare at asset exchange. Im not continually watching the scene (it seems to be a joke as i have written to utopianfuture in PM) and I have noticed many things.
First one, NXT network is empty. When i wake up i see below 10 transactions per hour in the whole network. I bet that the rise and fall of NXT price last days is just made by NEMshare buyers and sellers. Few days ago more people were buying NXT than selling (logic: you must buy NXT to buy NEM and nobody can sell because nobody has sold NEM in first phase of trading) = price went up. After that still more people were buying than selling, price still went up. Now the people who sold NEMs are selling so the price goes down and will keep plummeting for a while until they sell out. Im not gonna to sell now to suffer double loss.
Second one, NEM has a big chance to overtake many NXT advantages and positives. Many people may say that NXT has a big advantage of "being first", thats true but in history the most successfull projects were usually not the first developed/discovered ones but the first well managed or financed or distributed or popularized (...) ones. The NXT gap in popularity is markant. I bet that 40 altcoins below NXT market value at coinmarketcap have more transactions and use than NXT. Now one transaction at NXT costs ridiculously high price and the price cointains almost the expectations based on technical aspects of NXT, not economical.
Technically is NXT good, no doubts. However i think NEM has a big chance to be a VHS vs beta NXT.
And the last one, did someone of common people not interested in crypto-scene ever hear about NXT? NEM? Nope. These projects are still equal comparing them from this side. The startline is still open for all "BTC 2.0" projects and no one did cross it for more than 1 micrometer. Remember doge, why it was successfull? Because the comunity. No matter how big shitcoin technically it was. Why it shades off now? Because the lack of technical innovation and sense.
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