So if I'm correct...blah blah
you're not.
NXT and NEM are the 2 I invested in.
Trying real hard to like nxt. I've gone through about 100pgs for the endless thread, set up a client, and put a few coins in there. Unfortunately I can't escape the feeling that it's just a premined scam coin with massively centralized distribution. Those guys are mining all the transaction fees and everyone joining in now gets diddly.
The distribution does not only have downsides
This way the network is extremely safe, because the big guys will always forge, and as long 50% or more NXTcoins are forging, the network is 100% safe. (this number will change to 10% needed to forge soon with the transparent forging algo).
If you hold BTC you also don't get any new coins? Quite the opposite, it has inflation @ 11% per year atm
Isn't nem still vapors?
yes