Quote from: nzminer on July 01, 2016, 11:16:16 PM

Quote from: CherryCoins on July 01, 2016, 11:07:34 PM

Hey guys.. Im new to NEM, thinking about buying some, a big amount about 5-15 btc not decided how much yet.

im doing my research now, can the knowledgeable NEM users that are here for tech not the price let me know why NEM is a good altcoin compared to the 500 other altcoins out there.

i guess the community here know why the coin has been pumping,
like any pump just before halving im a bit suspicious!!

was there some genuine news that meant the coin would be effected directly which would mean demand for the coin would be up or is it just some pump group for halving trying to get more BTC.

would really appreciate the experience NEM users letting me know what they think ?

thank you Huh

For a start, NEM is not an "altcoin" in other words, its been developed from ground up with no BTC code, its unique unlike all the copycat BTC/LTC clones out there.

NEM has a very advanced blockchain designed for high transaction rates in future, the blockchain has already been independently tested by third parties and financial institutions are trailing this technology as we speak.

There is much more than this that i could go on several pages, but basically the results speak for themselves and we are not driven by any hype, the proof is in the pudding.

thanks for your response.
every altcoin page you go to you will get the same sort of response, our coin/code is unique, not that im doubting you in anyway but that doesnt fill me with confidence.

the price has been veru steady for months, some sort of development or news must have cause the recent price action, im just trying to understand if its a good long term investment or the recent price action is due to some pump group.

i asked on tradingview bot nobody knew anything, is NEM numbers fixed or new coins mined daily like eth, i dont like investing in coins with the daily inflation, is nem growing daily or fixed.

only info i found online was the fact that 60-70 btc invested in ICO ? is that correct? if so that is very scary considering that would mean there is some huge bag holders out there with millions if not billions of coins that could dump?