Shameless bashing of NEM for advertising Qora
I hold both
I hold neither
NEM is nothing but talk as has been stated. I might buy it when they release an alpha client and the NEM stake goes to 3000 NXT, that is, both of these events must happen before I buy it.
Qora? NXT can do what Qora can do and more. I registered a few aliases in Qora just for the fun of it when I tried it, but haven't bought in any qoras yet, someone sent me a hundred. Can you tell me why I should buy Qora instead of NXT?
You asked a valid point and I'll give my honest answer.
1) Firstly I don't know everything about what is under the hood of Qora so I can't like most people say why its better than NXT even if it had exactly the same functions. But I do trust the abilities of the developer and he has stated the implementation has been done to make it future proof. What this means i'm not sure..
2) So I think people are tired of new coins coming out everyday. I get that, I agree. BUT there are in theory if you remove clones and coins built ontop of other coins which are actually functioning is only about 3!!! Bitcoin, NXT and I guess Ripple, what else is there? That means a new code such as Qora makes it a serious consideration compared to other junk clones.
3) So You said you can do with NXT and more than Qora. Well thats not true as Qora will have all the functions of NXT with colored coins etc in possibly the next few weeks. Plus it has the possibility of cross blockchain trading and anonymity. None of which I have heard mentioned for NXT. So I could turn the statement around and say Qora can do what NXT does and more.
4) Also confusing similar functions in coins is a very shallow understanding of the technology involved. Its like saying Windows is the same as OS cause it basically does the same things. Or that a Ferrari is the same as a Volvo cause they are both cars. Who implements the functions best will win the day in the end. Qora aims to be user friendly and the truth is I hate using NXT just like I would hate to drive a Volvo. Again whats under the hood is not something you can dismiss.
5) The price is a fraction of NXT. This is the time to invest heavily, genuine new coins always end up in the top 10 coins on Coinmarketcap. This will be no exception.
6) There is a possibility that Qora developer is BCNext. Now if this were true then it basically blows NXT out of the water. I personally had my doubts at first but anyone following the coin is coming to the conclusion they really might be the same person.
7) Here's my final one. I feel like Qora is being developed with a much clearer vision than NXT ever was. No decisions by committees just strong leadership and clear direction where this coin is going. Betting against the developer seems to be a fools game at this point as he has delivered everything he said he would without fuss.
So if you genuinely want to know about Qora and your not scum pond life trying to spread FUD and you just want to know what are the best coins to invest in I would turn the question around and ask you:
Why would I buy NXT instead of Qora?
