Re: NEM (XEM) Official Thread - 100% New Code

I remember when it was around 0.003 cents for quite a while at 30,000,000 Market Cap over a year ago, then when it went up to 5c in May 2017, I thought that was as high as it would go. I didn't envisage that it would go more than 40x higher by the end of the year. Now I'm thinking the same way, I could be pleasantly surprised. from $1 to maybe 20 x - 40 x increase, by the end of the year.

I had .03 cents as my get out point, glad I ignored it and waited longer.
After sitting at under a cent for over a year I figured a few cents was all it could do.. I was mega wrong. Glad I didn't cash out at that time.

I think all nem needs is one big announcement, one big partnership with a bank or something to really get the wheels turning. Hope we get something soon though.

I don't think open-decentralized systems such as NEM are looking to make partnerships with closed-centralized systems. Decentralized systems are here to make it more fair for everyone, partnering up with your competition is completely counter-intuitive. Besides, systems like NEM are not corporations or central bank Roll Eyes

It is exactly the opposite you are stating, what NEM is aiming for: Existing closed centralised businesses which uses the private Blockchain, which is compatible with the NEM Public chain for transfer between companies.

The secret here is the interoperability between private and public chain. Furthermore NEM doesn't provide on-chain smart contracts and there is a good reason for it. No serious business put their logic into an unstoppable smart contract. We are humans and we do mistakes. Instead its using extensive API for interacting with the chain +Multi-sig on chain