Just a snapshot in time at yesterday's prices:

https://www.financemagnates.com/cryptocurrency/trading/cryptocurrency-ecosystem-now-worth-32-billion-top-altcoins-jump-50/

Looks promising for 2017:

January 1 2017 Market Cap was ~$30,000,000
We're in April now, and Market Cap is ~$450,000,000

That's a ~1500% increase already (if my sums are correct).

Source: https://blog.nem.io/whats-the-difference-between-xem-btc-and-eth/

...and I remember not long ago when people were complaining that buying the required amount of NEM to set up a supernode was expensive at 30 BTC...  At today's price their investment would have been worth 150 BTC.

If only they saw the bigger picture and long term view.

Five elements of the block chain that Tech Bureau considers. Mijin implements them at the protocol level

Buy in stages.  Just a buy a small amount, if it drops buy a few more. That way you spread the risk.

This is just a high level overview, from what I read into this Catapult will be released in the Summer:

Three partners, two chains and one ecosystem

We would like to clarify here again the working relationship between NEM, Tech Bureau, and Dragonfly in the past year has been frictionless and progressing very well.

The three NEM core developers have been contributing fulltime to the development of Catapult and are fully financed by Tech Bureau. That common core engine, codenamed Catapult, will be used in both projects by NEM and mijin eventually.

The public blockchain project by NEM which has a cryptocurrency called XEM, and our strong alliance, isone of the major reasons that caused XEM to grow from a market cap of USD 2 million to USD 200 million -a multiple of 100 times since Takemiya left us -in a space of 12 months taking us to between the6th.and8th. largest cryptocurrency in the world.

Tech Bureau’s private and commercial blockchain product Mijin, powered by the new Catapult engine, has achieved remarkable results in an e-money system POC test by Arara, Inc. and Sakura  Internet.  The  POC  was  run  on  inexpensive  cloud  servers  (500  USD/month  servers demonstrating that it does not require expensive servers to run our solution)to process over 4  thousands  transactions  per  second,  without  downtime,  even  while  2  out  of  the  3  servers were taken offline during the experiment.

NEM and mijin will include separate API server gateways, but yet the two will share the same core to serve 2 different purposes.

Dragonfly  will  utilize  both  nem  and  mijin  technology  to  create  a  payment  consortium  as  a service layer for financial institutions, and even succeeded in pegging token values between NEM public blockchain and mijin private blockchain.

By having the same API spec and documentations on purpose, even though those 3 products are  used  for  separate  purposes,  it  is  extremely  easy  for  the  three  parties  to  introduce  both products to users at the same time.

Without any contradictions, conflicts, or inefficiencies, we are able to bring the three parties together to roll out our projects harmoniously and successfully.

In the exhibition at Inside Fintech 2016 Seoul, NEM shared a booth in collaboration with Tech Bureau. Community members from nearby countries gathered to one place to introduce the two technologies, to the Korean market.

Down the road, we believe our collaboration will be even more cohesive and effective when the Catapult version of product is introduced into the market. We are even optimizing our out-to-market strategies such as content creation or strategy building, working together in a much closer and tighter manner.

We look forward to this summer  where  we  will  have  this  new  robust  blockchain  technology “Catapult”  unleashed  as  one  team,  and  as  one  ecosystem. By  then  we  hope  that  this statement would be,behind us all, setting the stage for a brighter future for NEM, Dragonfly, Tech Bureau and its supporters.

Apr. 25th.2017

Statement made by:

Lon Wong, President NEM.io Foundation Ltd. CEO, Dragonfly Fintech Pte. Ltd.
Takao Asayama, CEO, Tech Bureau Corp.
Jaguar, lead developer, NEM and mijin project.
Bloody Rookie, core developer, NEM and mijin project.
Gimer, core developer, NEM and mijin project.

Source: https://www.dropbox.com/s/wpcox275ca570ry/Clarification%20on%20Takemiya.pdf?dl=0

That's part and parcel of currencies.  Peaks and troughs.  Looking at the long term picture however, the outlook is positive and the growth is organic.

Thanks, very interesting so far.  I'm about half way through reading it.

---

Thanks visaco that was a good read.  I would never have thought that Makoto Takemiya would have done what he did.

But my key takeaway from the read is the positive direction NEM is going in following his departure:

Three partners, two chains and one ecosystem

We would like to clarify here again the working relationship between NEM, Tech Bureau, and Dragonfly in the past year has been frictionless and progressing very well.

The three NEM core developers have been contributing fulltime to the development of Catapult and are fully financed by Tech Bureau. That common core engine, codenamed Catapult, will be used in both projects by NEM and mijin eventually.

The public blockchain project by NEM which has a cryptocurrency called XEM, and our strong alliance, isone of the major reasons that caused XEM to grow from a market cap of USD 2 million to USD 200 million -a multiple of 100 times since Takemiya left us -in a space of 12 months taking us to between the6th.and8th. largest cryptocurrency in the world.

Tech Bureau’s private and commercial blockchain product Mijin, powered by the new Catapult engine, has achieved remarkable results in an e-money system POC test by Arara, Inc. and Sakura  Internet.  The  POC  was  run  on  inexpensive  cloud  servers  (500  USD/month  servers demonstrating that it does not require expensive servers to run our solution)to process over 4  thousands  transactions  per  second,  without  downtime,  even  while  2  out  of  the  3  servers were taken offline during the experiment.

NEM and mijin will include separate API server gateways, but yet the two will share the same core to serve 2 different purposes.

Dragonfly  will  utilize  both  nem  and  mijin  technology  to  create  a  payment  consortium  as  a service layer for financial institutions, and even succeeded in pegging token values between NEM public blockchain and mijin private blockchain.

By having the same API spec and documentations on purpose, even though those 3 products are  used  for  separate  purposes,  it  is  extremely  easy  for  the  three  parties  to  introduce  both products to users at the same time.

Without any contradictions, conflicts, or inefficiencies, we are able to bring the three parties together to roll out our projects harmoniously and successfully.

In the exhibition at Inside Fintech 2016 Seoul, NEM shared a booth in collaboration with Tech Bureau. Community members from nearby countries gathered to one place to introduce the two technologies, to the Korean market.

Down the road, we believe our collaboration will be even more cohesive and effective when the Catapult version of product is introduced into the market. We are even optimizing our out-to-market strategies such as content creation or strategy building, working together in a much closer and tighter manner.

We look forward to this summer  where  we  will  have  this  new  robust  blockchain  technology “Catapult”  unleashed  as  one  team,  and  as  one  ecosystem. By  then  we  hope  that  this statement would be,behind us all, setting the stage for a brighter future for NEM, Dragonfly, Tech Bureau and its supporters.

Apr. 25th.2017

Statement made by:

Lon Wong, President NEM.io Foundation Ltd. CEO, Dragonfly Fintech Pte. Ltd.
Takao Asayama, CEO, Tech Bureau Corp.
Jaguar, lead developer, NEM and mijin project.
Bloody Rookie, core developer, NEM and mijin project.
Gimer, core developer, NEM and mijin project.

Source: https://www.dropbox.com/s/wpcox275ca570ry/Clarification%20on%20Takemiya.pdf?dl=0

Perhaps print private key on to paper using your printer.  Then store in a locked safe.  Unsophisticated, but reduces risk from technical failures.

Thanks Great work!  Much appreciated. 

That's much better!!!

A picture is worth a thousand words

http://bob.nem.ninja/installer/nis-ncc-0.6.87.zip   
http://bob.nem.ninja/installer/nis-ncc-0.6.87.zip.sig

Ignore user LemonAndFriesOne, he is spamming this message thread with childish messages.  He has been reported to the moderators by many users.  I would urge you to do the same.

Agreed, earlier this month he/she was complaining about visaco using graphics and pump messages.  Now he/she is doing the same.  Hypocrite.

NEM - Networked Extensible Money

or

NEM - Nimble Extensible Money

or

NEM - Nimble Electronic Money

or something beginning with N??? Electronic Money

The last update re: Catapult that I was was below from Rene:

Later, in 2017, should see the update Catapult - NEM go with each one of us ++ Java. Big update first will take place in private Mijin chain, and then - in the NEM public chain. To date, our core developers are working hard on updating the Catapult C ++ and Java support the current network.

http://getcoin.today/rene-interview/ (use Google chrome to translate page).

If you look at the peaks and troughs on the price charts, in the short term there will be selling by some to make a quick profit, but in the long term the price has increased a lot.  The bigger picture is more positive.