Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Active Team Members
Don't think so that banks seeing NEM will make us rich
... What is your reasoning?
I think he was trying to say it is hypocritical. Many in the cryptocommunity like to dwell on the "fairness" of whatever coin they are holding but in reality they couldn't care less about what's fair. Everyone is in it for personal gain.
The whole 'fairness' thing comes out as hilarious joke by now, and all these coins with "fairness" slogan (blatantly trying to attack Nxt) have failed (NFD, Nem, Node). First, the distribution isn't even fair as 71% of coins are controlled by six people. (those coins are not shown in the graphs posted by fans). (2) There is nothing fair about the distribution as 99.99995% of humans have actually zero nem.
One lesson learned here: More 'fairer' the distribution, the worst it does on the market as there is no one around to buy in a dying (the entire crypto scene) market.
I expect the volume and price to drop significantly more as it's still new.