Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
The problem is the project was dependent on popularity and usage via fair distribution, which didn't really do anything but create a bunch of sellers who were happy to sell their free stake for anything. You have anonymous developers who can't market their product because they are anonymous. NEM offers new development and POI, but no one really seems to care. It's a bummer cause I like the project, but right now I see BTC, ETH, and maybe a few others will survive the Alt coin bubble. I have a lot of NEM, but I'm not sure I can even sell it at this point.
While it is taking long, at least wait until version 1.0 comes out and see what kind of reaction the market gets. The devs are still working.
This along with DragonFlypay/Mijin are very promising projects. Blockchain tech is where everything is going.
ETH raised over 15 million, so it is somewhat expected to be hyped about.
Their command line interface is somewhat underwhelming, & they don't even have an official wallet yet, and state
you're download it at your own risk
https://www.ethereum.org/ether
I'd like to believe but I think the entire crypto market will see serious consolidation next year. Just look at Nxt, they have some pretty incredible features, dedicated marketing, but the price just drops. It's sad, but there really isn't room for other crypto. I'm not a day trader, so probably best just to convert everything to BTC and wait it out.