Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
Scharfenberger
on 12/06/2017, 12:55:24 UTC

Quite optimistic there.

I'm hoping for $0.5 to $1 at the end of the year.
this is VERY possible due to catapult

I'm very conservative. Smiley

Of course I wish at this point I didn't sell most of my initial stake.


What above is optimistic ?
When comparing to these figures for NEM:
http://www.profitconfidential.com/bitcoin/bitcoin-cryptocurrency-ethereum-high-returns-2017-2018/

Symbol   Name   Market Cap    Price       1-Year Return
BTC    Bitcoin    $37.5B    $2,264.04    409%
ETH    Ethereum    $15.1B    $164.35    1,204%
XRP    Ripple    $12.7B    $0.33    5,478%
XEM    NEM            $2.31B    $0.257    14,998%



The marketcap numbers has been changed a lot in the last several weeks - now Ethereum has much higher marketcap (and NEM lower). But yeah, still, 1-Year-Return is the best by us (shoud be fine promote this info in each possible way).

On the other hand, we're definitively on the #5 position now, ETC is above us (marketcap diff is around ~ $130 mio now). I'm curious, what will be the next progress (not just) in this chart position(s) ...

My estimation:
Even though I'm not a big fan of ETH, I see in the short term the rise of ETH to the top (in numbers of market cap).
However, the loss of XEM is due to the temporary effect as ETH pulls every value out of the most coins atm.
After the pull is over, bagholders want to diversify again, which means the gained money comes to other coins which perform reasonably well.
Hence, I assume there is no fear for XEM (except for short time loss).
In mid/long run an investment in XEM is as safe in gaining value as ETH.
just my two XEM!