Quote from: sammart57 on June 19, 2017, 07:00:37 PM

Quote from: NEMergizer on June 18, 2017, 04:11:26 AM

Multiple new Nemers contacted me in private asking why I think it is better to buy XEM sooner than later. I have decided to answer them here.

So why NEM is expected to rise with rates much higher than any other crypto in history:

1- NEM community is constantly growing.
2- The crypto market is totally different today than any previous day in the past 6 years. The bull market is expected to sustain way much longer than any previous year.
3- BTC and Ethereum are expected to rise rapidly mainly due to Ethereum based tokens/ICOs, with that the whole crypto market cap is expected to grow rapidly.
3- As BTC and Ethereum continue rising there will be extremely high demand on diversifying assets. XEM will gain the majority of such diversification, the same if not more than what happened during Ripple spikes.
4- The majority of Ethereum tokens are over priced. Ethereum Tokens/ICOs investors will seek shelter sooner than later when at least 50% of Ethereum tokens starts to drop to their normal value.
5- On August 1st, a segment of the Bitcoin community will activate the BIP148 UASF. These users and miners will only accept Bitcoin blocks that signal support for Segregated Witness (SegWit), the protocol upgrade proposed by the Bitcoin Core development team. If, at that point, a majority of miners (by hash power) does not signal support for SegWit through BIP148, Bitcoins blockchain and currency could split in two: a coin-split. Now, with Bitmains hard fork announcement, it seems there could be a third part to the split. As we get closer to 1st of August and as there are lots of unknowns about the future of BTC awaiting us, you should expect BTC to either drops or rises sharply, The market direction by then is totally unknown and unpredictable. For that BTC holders will seek to diversify their BTC holdings or even temporary totally get out of their BTC position. If they decide to fiat, BTC will drop. It is much more likely that they will not fiat and decide to switch to alt diversification, in this case BTC price will spike sharply. Cause alts diversification usually leads to more alts diversification, which is actually the main reason why the whole crypto market is growing rapidly nowadays so expect more of such pattern sooner than later. In this case all alts will gain more market cap where XEM is more likely to gain the majority of which.
6- The closer we are to August with all the above listed concerns and market moves in addition to the release of Catapult, XEM might spike to 10x its current price mainly due to market circumstances.
7- Another scenario to consider: anyone who holds bitcoins at the time of a split will receive coins on both (or all) sides of the chain. In other words, you will get free "Bitmain bitcoins", which you can keep, sell or spend as long as someone is willing to accept them as payment. BTC holders might decide to hold BTC where BTC value might spike sharply over $20k. This might temporary stress ALTs market cap before it too spikes rapidly afterwards.
8- Rapid NEM technology adaption due to multiple advantages over other cryptos + NEM network fees reduction.
9- The Japanese market support to NEM will sustain XEM value whenever a crypto bear market starts.

While there are a lot of unknowns. One thing for sure is that we are heading towards very remarkable days in the history of crypto market.

Why NEM is expected to shine during that period? Cause with Catapult XEM will be stronger than ripple where it is expected to gain more than 50% of ripple market cap or at least grow equally "in the range of 10 to 15 Billion Market cap". By then the top 2 cryptos BTC+Ethereum on top of NEM will be totally unstable though spiking sharply. That will fuel more market cap flow to NEM in addition to the other top 10 cryptos.

Not trying to be a dbag, and don't take this the wrong way, but while I appreciate the optimism and really really hope you're correct in your NEM will gain 10x value assertation, there is very little in your post that could be considered factual statements... Most of it reads as wishful thinking and a justification made to fit your beliefs, not reflecting the reality of the crypto landscape right now.. and there really will be no telling which way will be up or down when Aug 1 comes around.

Nem community does not seem to be growing, if anything it could be argued that it's stagnating mightily with barely 8 to 10 million dollars in transactions most days. The assumption that people will flock to nem in order to diversify is wishful thinking. Don't get me wrong, people could very well flock to nem because it's relatively cheap per unit compared to others, but people could just as easily stampede in another direction.. there really is no way to tell. Japanese market support is close to nil from what I can see, I don't see how you think that will sustain nem if things do indeed go south.

Make sure to be here in August Wink