Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
There's a lot of brand new and recent negativity over Ethereum (but I was pointing out their problems for a couple of years). The blockchain bloat and technical problems weren't new but now (last 48 hours) people are pointing out all the blockchain bloat and sham ICOs.
Etheruem price is tanking right now (moreso than NEM and other alternates!).
Until a victor emerges from this, there is a possibility we may see renewed interest in NEM in July.
To me, it seems like this is the time to buy NEM and hold NEM - because in July we could see new an all time high.
When NEM goes up it goes up. We may even hit the orbit of Pluto if Ethereum implodes and all the capital flows into the NEM network. $1 NEM and higher could happen in 2017.
July looks like it will be a good time for strategic updates and market gains.
Etheruem price is tanking right now (moreso than NEM and other alternates!).
Until a victor emerges from this, there is a possibility we may see renewed interest in NEM in July.
To me, it seems like this is the time to buy NEM and hold NEM - because in July we could see new an all time high.
When NEM goes up it goes up. We may even hit the orbit of Pluto if Ethereum implodes and all the capital flows into the NEM network. $1 NEM and higher could happen in 2017.
July looks like it will be a good time for strategic updates and market gains.
Everyone is taking it right in the shorts this month, double digit downs are across the board, so not too worried about it. (ok a little worried)
I hope you're right, but the only thing I take issue with is the bolded part. There's no guarantee that a significant amount of money would flow into nem if ether blew up. It could just as easily go to iota or another up and comer. Personally I don't see why anyone would buy ether at $400, it's history of poor security and other issues scared me off. That cost me a huge profit opportunity, but I think in the end I'll be proven right.. although with no money to show for it!
I've said earlier, that now is a critical time for NEM, we run the risk of losing too much market share/awareness with the lack of info coming out. But at the same time, hype not delivered on would be as much if not more damaging. I guess the only thing to do is wait and hope for the best... it can be nerve wracking though.
I don't doubt that we will see a rise again, but I wonder how much of one it will be. A meteoric ascent like ripple and ether is not outside the realm of possibility, but not very likely. (I don't mean to $300+ per nem, I mean 10 to 20+ billion in market cap)
The only thing that makes people buy ETH is great projects launched on ETH network. It's a good example, how to attract active developers and investors, maybe XEM might do something similar...