Quote from: jakeeck on June 19, 2017, 09:31:56 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. -- So is every coin.
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. -- Again the bull market will benefit every coin, why are you saying it's going to make NEM rise more than any crypto in history?
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. -- You keep saying the same thing.
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. -- There's no reason to believe NEM will get more of a share of the diversification than any other coin. In fact, it could be argued they would get less because they aren't announcing anything at all lately.
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. -- Same as above.. why would they go to NEM over any other coin?
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. -- Again there's more argument for NEM getting the exact OPPOSITE of what you're saying. Why is anyone going to pump NEM with this recent stagnation?
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. -- Catapult could raise the price, yes, but "due to market circumstances" is very vague.
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. -- Yes, all alts, not just NEM. Again, what is making you think people will want NEM?
8- Rapid NEM technology adaption due to multiple advantages over other cryptos + NEM network fees reduction. -- This is a legit one but it can also be said about tons of other coins that promise advantages.
9- The Japanese market support to NEM will sustain XEM value whenever a crypto bear market starts. -- If they are going to support it, they'd be supporting it now. They're not going to fly in to save the day if things go south.

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.

Answers in bold. I'm a huge fan of NEM and have a lot invested, but these reasons have almost no logic behind them, save for 1 or 2.

This is my point of view, you do not have to agree on any of these points. Feel free to prove me wrong. See you in August.