Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
apullman
on 04/03/2016, 03:09:00 UTC
NEM did have the best distribution of any Alt IPO. Unfortunately, I just don't see the Alt market going anywhere. Everyone is looking at Bitcoin and features like Rootstock will make many Alts useless. A business isn't going to integrate with an Alt when they can integrate with the largest Blockchain ecosystem (Bitcoin).  Right now, companies don't even know what to do with Blockchain, by the time they do, Bitcoin will have the features ready. Most people won't have the stomach for Alts beyond speculation. The only Alts that will survive (in my opinion) will be those that can directly interact with Bitcoin.  It sucks, but the Alt coin boom is over and dead.

On the contrary, the boom is imminent. We are at the beginning phase of Blockchain technology.

https://upload.wikimedia.org/wikipedia/commons/thumb/1/11/Diffusion_of_ideas.svg/495px-Diffusion_of_ideas.svg.png

Blue - successive groups of banks/companies/consumers adopting blockchain tech.
Yellow - market share will eventually reach a saturation level.

https://farm4.staticflickr.com/3554/3574787140_d92f315369_o.jpg

http://i.imgur.com/5Og1xtM.png

* http://www.juniperresearch.com/press/press-releases/bitcoin-users-to-approach-5-million-by-2019
According to Juniper the BTC forecast is a little cloudy.

My forecast for NEM: Warming trend and clear skies through 2016.  Grin


Less than 5 years for mass adoption post-V1?

I don't think Blockchain will survive, after 5 years, unless it is mass adopted or corporations embrace private chains like Mijin and use public chains like XEM as a medium between their businesses.  KimNG is prophetic, V1 will probably reach xxM market cap as XEM is currently around 6M.



I like their optimism! Anyway, we are halfway to a xxM market cap.