It's everyone cashing out their alts to buy in on BTC.  Newegg announced they're accepting Bitcoin and Newegg is one of the biggest computer hardware suppliers (esp. for gaming hardware).

There's Next Fair Distribution.  NEM and NXTL are no longer forks of NxT.

Are the anonymity coins a 'fad' (pump of the month) like the country and animal coins?  Darkcoin was pumped to a huge capitalization but it hasn't recovered yet. 

Because people who own websites like coinmarketcap will add anyone who requests it.  A lot of the scam coins would die overnight if they lost their main source of publication (being listed on capitalization websites).

With the exception of BTC and LTC, there's only a few real alternatives - some are more established like NxT (if you can look past the initial distribution), Darkcoin (if anonymity is not the flavour of the month like the old country or animal coins) and then smaller start ups like NEM (which are token trading but haven't launched).  There are lesser potentials like Node Coin, NFD but these are effectively smaller versions of NEM and have less momentum.


Then you have coins like Ethereum which may never launch (or not have an IPO) due to Canadian law on securities and crowd funding (as Ethereum is based in Ontario.  They tried a short IPO back in January and it was pulled after the legal issue became clear, IIRC).

Why would anyone need a paid shill to discredit Bitcoin when there are controversial figures like Mark Karpeles who do enough damage as it is?  Sprouting off like a mad man, making posts only read by hundreds or thousands, can't hurt Bitcoin.

The ad hominens, cherry picking (straw man arguments) and hyperbole examples are logical fallacies and does not disprove what I wrote.  Anyone can use the Google machine and confirm the facts about NxT's distribution and all their recent scandals.

 NEM is a better and stronger community.  It's a 180 in community direction if we can't point out the flaws in NxT's distribution.  

By the way,  as for the character assassination, no one has ever came to me in a private message and accused me of causing them to lose finances.  On the contrary, I have had multiple people thank me for getting them into NEM.  I'm not taking credit for anything but you are trying to present the image that I somehow caused people to lose money and I am pointing out the factual opposite. 

Global warming could become an economic bubble.  If you thought your life was dependent at throwing money at some quacks to save mother earth then you would easily have a bubble of $10 trillion or more overnight.

Wasn't that the intent one way or another?  Al Gore, a rich man, tells you to cut down on carbon emissions even though he zips around on a private jet, eats kobe beef, and probably has a dozen private homes exceeding 3000 SQF.

 Global warming always gave off the impression that it was either some neo-Feudalism movement ("everyone but the rich please go back to the medieval ages") or a get quick rich scheme to get gullible / government money.

"Foreign aid is taking money from poor people in rich countries and giving it to rich people in poor countries." - Ron Paul, perhaps the one few quotations from him I can agree with.

That being said 'foreign aid' is a bribe and bribes are common place in empires.  The British Empire had every African and Indian Chieftain / Prince on its' payroll.  Best way to stop insurrections is to simply give their leaders a few shiny toys and privileges, and they'll keep their minions under control.    


  American foreign aid is no different the than old tactics associated with empires.

Not really, without the US military the money would be spent on something else and likely to less benefit.

For instance - I'm reminded of California where they took bonds intended to construct new schools (a lot of infrastructure in America is painfully old) and then (without consent) allocated $1 billion from that fund to buying ipads for kids.   Why not give every school child in America an IPAD at the cost of $1 trillion?  I'm sure China, where most Ipads are constructed, and the Apple corporation would love that.

At least the US military is one of the few actual American industries left, which employs Americans, even though the end results are unfortunately nefarious in nature.

We would have to wait and see.  All I have seen so far are clips of rebels with Kalashnikovs and white Toyotas.   I don't see how their force can really stand up to anyone in a conventional war or a total war.  A division of Poles or Czechs could stop these guys quickly, never mind a more powerful military like the US marines.

Ironically cracking down on tax evasion would bring more harm than good.  It's been calculated a few times that there's over $32 trillion in offshore accounts, all that money coming home all at once would result in Weimar-styled hyperinflation and then the mob would lob off heads.  It would be like Satoshi's million Bitcoins coming back and being spent all at once (would kill BTC overnight).

Inflation is the key culprit here.  Governments are going bankrupt because the pension benefits are indexed to inflation, but taxation income remains static due to stagflation (where increase in salaries lags behind inflation - this hurts the government too).


The issue isn't necessarily big government or the rich being cheap bastards, a lot of these issues we face comes down to who controls the monetary supply and the inflation they are creating through fractional reserve banking.

No it's normal range.  If NEM was declining for real then there would be a lot of dissent.  It's quite the contrary.  It's extremely quiet at the moment.  NEM has little discussion activity since alpha is out and this time of year many people are taking their three to eight week vacations.


  What happened was hype drove up the NEM price to 35,000 NxT and now it's correcting to around 25,000.  Volume did skyrocket but that's normal during a correction, as there's money made day trading between every down and up hiccup.

Not a day trader by the way - just saying for what it is and every alternate follows this pattern.  It's currently a good opportunity to buy as, when subsequent alpha updates are released, NEM will likely hit 40K.  

Yes it's all monopolized.  The professional miners are dominating and dumping everything.  PoS hasn't proven to be any better as most PoS coins have IPOs which allocate the vast majority of coins to less than 30 people.

The alternate coin section is essentially one big get quick rich scheme.

Everything political in our world is based on lobbies.  I'm not familiar with Bulgaria's exact case but in most countries there exists a class of "licensed farmers" who can grow things like Marijuana and Opium and they benefit from being able to sell a restricted good and not have to face any competition (unless one wants to pay off the government for all the required licensing and registrations). 

Naturally those guys, due to the money they have, can exert more political influence on drug policy than recreational users with no political influence.

If weed became legal then many licensed growers, due to the collapse in price (look at what happened in Uruguay with the price of weed), would shut down.

What if Doge only declined because it's the summertime and school's out?  Think about it... think hard... Reddit and 4Chan is full of 14 year old highschool kids and 20 year old university sociology majors.  Maybe when school is back in session they'll go back to sending Doge meme texts and buying the coins?

 

 You understand how capitalization works, yes?  It's a lot easier for NEM to hit $20 million than for NxT to hit $500 million, in order to see a ten fold return.  Now you may retort and ask why would NEM hit $20 million?  And why wouldn't NxT hit $500 million?  

Easy.  Fair distribution to 2800, which ensures stability as no whales have unfair influence or advantage.  Second - technological innovation, even to the extent that NxT's lead developer wants to copy proof of intent.  There's a general aversion among investors to avoid investing in a 'great quick rich scheme' which benefits a few handful of early birds who continuously dump to cash out.  Hence that distribution caused NxT's capitalization to decline a great deal and placed a cap on its' growth.

https://nxtforum.org/pub-crawl/come-from-beyond-and-nem/

Ironically NEM is actually more innovative than NxT.  NEM can easily incorporate 'side features' like the asset exchange.  NxT on the other hand can't incorporate 'main features' like NEM's PoI, without undergoing a long extensive complete overhaul taking a year (which would be vetoed by the whales as PoS is more profitable for them than PoI) and that's assuming even IF they can get NEM's source codes.  In that regard, NEM will always be a step ahead of NxT.  The 'side features' don't matter in the long run as they're not proprietary and arguably it's lipstick on the pig.  
  
As for NxT's capitalization, you obviously must not had known about NxT long ago.  I was an early adopter of NxT and I am still waiting for it to recover to $0.11.  NxT tanked after its' distribution became known and for awhile was worth less than Doge Coin, then temporarily went back up (which apparently was a huge orchestration by a guy called John who then stole a lot of money) and now it's on the decline again.

Unfortunately he's another rich type who doesn't buy Bitcoin; only throws money at the infrastructure and then wonders why Bitcoin hasn't gone anywhere in months.

It's equivalent to building a toll bridge and having nobody drive over it.

NEM coin which is currently listed as NEMstake on Coinmarketcap.

It's often called expensive for its' current capitalization but, if subsequent alpha releases are encouraging, this crypto could be #3 or #4 within months of its' launch.

Let's imply reverse logic.  Most of the population doesn't smoke weed or engage in any 'drugs' (less we count Alcohol but even many people abstrain from that).  Last I check, voter participation is at historical low rates in most countries and nobody is taking to the streets.


I think the problem with Weed is what the name implies, weed, it's something anybody can grow in their backyard and that's a problem.   They'll make weed illegal or semi-legal but thinking it'll ever be outright legal to grow in our backyards is another (too much money involved / being made cracking down on it and lesser money made growing it as licensed farmers)

Yes because there was no bank loans before 1913 *sarcasm*

You upfront the collateral, plain and simple.  The reality is, if we didn't have easy credit in society, everything would be far cheaper (look at the cost of an university education 50 years ago versus today, where capital is very plentiful).