Nem riding at 1043 satoshi now, let's see where it will be after a month.
It's 1.5 half week since my first post. Nem has gone quite a ride. Right now we are experiencing a mini bottom around 1312 satoshi levels, which is significantly higher than the top point 1.5 weeks ago.
As I predicted that the money flow away from the top coins and especially DASH/Bitcoin was inevitable, but instead of pouring more into NEM, Ethereum seemed to take it's place. I can see many reasons for this.
Ethereum is coming off with a big update soon that will allow instant transactions and microfees, this is bad for NEM because Ethereum is it's biggest competition, but the upside for NEM is that Ethereum is very experimental that has it's highs and lows. It's never meant to be the safe heaven for money, it's meant to be innovative to test out new things and this is why it will never work money wise, unless they really break through.
Now lets see why NEM is so good and that seperates it from other coins, that will only lead to the only logical direction which is a big price PUMP. Nem fills some of the crucial things that other coins lacks.
Mostly when you are sitting in top 5 coins, you are thinking what does some coin have and what does some coin don't. You find the reasons to find a spot to buy or sell the coin away.
BitcoinOn Bitcoin you can see it's strength position in eyes of an individual and comparaple to tcp/ip position that it doesn't matter how outdated it is, it still will there be to stay. But the teqhnique is really really old and the core is constantly fighting to keep their position on the money, which is against the main policies of cryptos. Bitcoin is already corrupted, it's not good to be supported but it's still what we all still need. But it raises too many question marks. Even if bitcoin manages to fix it problems it will never be able to get it's teqhnique at the same level with NEM.
EthereumEthereum is very innovative and creative, but it can never provide the smoothness and stability we would require from a coin. Yes, it can make some big big leaps because it's trying to make something new and unique happen, and this is a very positive sight among cryptos, but the big risk always comes down with high variance. It can go down as fast as it can go up. Ethereum is a good bet for balance because it can take you far but it's not something you want to bet your whole stack on. It's tempting but very very risky.
DASHAll DASH has is a good very aggressive marketing team and instant transactions. That is good yes, and they go straight to the customers, but in the end that will be the basics of any good coin in the future and I predict DASH coming down faster than it went up after we see some updates. Not to forget that DASH is very unfairly distributed that simply cannot work in the long run.
There is one thing that each of these coins currently lacks. It is called
trust. This has been the biggest problem cryptos throughout the history, you really never know which way you are going, you know what it is about and should be about, but there are still many negatives and questionmarks unanswered. But now there is a solution to this. It is called
NEM.NEM fills all of the problems that the other top coins lack. NEM also has all of the top qualities that the other coins have. NEM is both a currency and the highest quality blockchain teqhnique there is. Once NEM's new core is completely out via catapult there is a new era in blockchain technology. This provides possibilities that none of the above coin has at the moment. NEM works for public and private together. NEM tests it's core completely throughout before release so there are no flaws, trust for stability for NEM is very, very important. Once NEM's new core is out there is nothing that you would think of a reason to
NOT have NEM.NEM is
reputable, NEM is
trustworthly, NEM is
top notch block chain technology, NEM is
fairly distributed, NEM is
instant, NEM has
cheap transactions. NEM has amazing devs and leadership that cares for it's community. There is true talent all around. There is not a single reason
why you should not own NEM. NEM has it
ALL that you would wish cryptocurrency to have. It is
Cryptocurrency 2.0.
There is however one thing that NEM currently doesn't have. It's awareness. NEM is already ready but it's not well known. This is because NEM hasn't market itself yet. There is a reason for that, and soon once everything is ready NEM will start marketing itself, and sooner or later every person in cryptocurrency world will know what NEM is and what it stands for.
My suggest is to get into NEM now before it's too late, the price now is 1312 satoshi and my prediction is that within half a year we will see NEM at new HIGHS.
Once you buy NEM like you have done so with any other coins, you start to think a reason for a way out. You come to realize that when you own NEM there is no such reason or weakness.
Spread the word about NEM, let people know what NEM is about, we have something so great in our hands right now that it would be waste to people not know. Let everyone make their own judgement. But let people
KNOW about
NEM.
