I don't know if other Nemsters have noticed, but I'm enjoying NEM's current independence from Bitcoin.
- A large amount of the stake fees were paid in NXT.
- The NEMstake tokens are issued on the NXT AE and thus are bought/sold with NXT.
I just hope it continues. If there is an alternative way of doing the upcoming auction without using the Bitcoin blockchain that'd be fantastic.
use NXT blockchain! :L
It is a good move to do that. Look at the predicament of Maidsafe and how they suffered with Mastercoin when they used Mastercoin to fund their crowdselling. They really got burned. NEM has take a different route. On the contrary, it appears NEM is doing NXT a favour. ;-)
And releasing that 1000 NEMstake is also a good move to pent up demand and size the market. Kudos!
I agree with your conclusion. People are buying NxT at a premium (rushing) to trade for NEM, this has an upswing effect on NxT. As we are seeing now, as volume declines for NEM (went from 4 million to 3.5 million), this coincides with a decrease in NxT value as the number of people looking to buy on premium is on the decline at the moment.