Re: [NEM] NEM -New Economy Movement - No Envy Movement

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.

Here is amount of AE volume in last 30 days

http://www.cryptoassetcharts.info/assets/info

As you can see there a lot of other assets that had big volume (bigger or just as big) as Nem

Just wait 30 days !

There's no need for that long, NEM can do it in 15.

There were a couple assets bigger than NEM but they were entirely within the NxT system, e.g, NxT holders buying the new assets (NxT to assets). NEM, although hosted on the same asset exchange, brought in new people who were paying premium prices for NxT in order to buy NEM (BTC to NxT to NEM).