My dear Nemsters,
For those who haven’t got the chance to read part I please do so before reading this one: NEM will surpass Bitcoin eventually, and here’s why and when!
This year has been like a living hell for most of us, especially to the long-term holders.
FUD…FUD…FUD…and more FUD…be it China, Bitcoin spike…we’ve faced it all…and yet!..after all this here we are, popping champaign bottles and why?
Well, let’s take a look at the facts. Since weak-hands tend to follow the hype and ride the wave, we, as investors eat popcorn while watching our investment grow on the long-term, as I personally believe this is the most stress-free and rewarding experience. But nevertheless, let’s take a look below:
Since last year in November, NEM averaged around 3500% increase
Bitcoin on the other hand, only delivered around 640% increase
Now, I’m no science researcher but those figures make sense even if I had a stroke.
But main topic of the day…why is NEM surging?
Well, let’s put it this way…
Imagine you have Facebook on steroids with all goodies such as direct payments for utilities to shopping, and much more…can you imagine that? Well, that’s WeChat…and it’s China’s number 1 social media app.
Now, what does that have to do with NEM? Especially when China banned cryptos…
Well, here’s Lon Wong’s lesson in life: “if you have to fight it, at least make sure you win” and boy, he delivered!
Basically what he did, was to integrate the NEM’s wallet into WeChat as an add-on.
What does that mean?
Well, every chinese who was prohibited to use cryptos, now can go rampage using NEM. And by the way, in case you didn’t know, WeChat has 1 BILLION active users.
But hey, let’s check the result of today’s spike: Market cap doubled…literally!
Sure, it went all time high up to 65+cents and found support at ~50cents. Who cares? The launch of WeChat with NEM wallet integrated is on 21st December. Meaning that by deadline time, NEM should be no less than 1$ ! You know, I made a bet to all my friends and family saying that NEM will reach 45 cents before 2018. Well…I guess I fulfilled my prediction did I, as now I’m running on bonus?
During this year NEM partnered-up with many entities, no point of listing them but as far as I’'m concerned, the best one is the meat tracking service that NEM fuels in Japan for the government. Yes, we have Pundi-X, we have a papyrus of partnerships but overall…Japan government is our stamp of legitimacy for NEM being a viable solution for enterprise adoption, and more will follow, bet on that!
So, as for 8th of December NEM went +148% in market cap after months of no clue of where the ship is sailing, well, guess what, the ship just got a turbo-charger ! And it’s getting a couple more under the hood since Catapult comes at the end of February! The show is by far to be over!
Here’s what’s going to happen:
NEM went to 0.70$ all time high due to hype…finding support at ~0.50$
WeChat+NEM wallet will launch on 21st December…meaning a hell lot of time to pump NEM
After launch date, we might see a bit of a dip, but not much, as chinese guys have free path to buy NEM to trade it for whatever they want, I don’t care. And they come by billions
Not far from that event, Catapult launches, the long-awaited NEM 2.0. Result?
NEM will be 3-5$ by March 2018. So far my predictions were true. Wanna bet this one also?
All my predictions are based on some simple principles:
- NEM is above Bitcoin because of technology, as NEM is far more advanced.
- Bitcoin price is likely to enter in coma after Futures go live as everybody will short-sell.
- NEM has so much to offer in terms of adoption in enterprise use, that the closed beta-tests with banks in Japan that are happening right now, will result in partnerships very soon.
- When NEM will release Catapult on public blockchain with open-source as they promised, expect NEM to boom at an unimaginable rate. What you saw today, 145%+ price increase will seem like a foreplay. Expect apocalyptic gains with Catapult, and just as a bonus, don’t forget about NEM dedicated Australian Exchange I’m not even mentioning COMSA here…Need more?
- NEM is in it’s DIPERS ! Yeah,still flying under the radar, yet,…it made huge gains with NO MARKETING and NO HYPE. Imagine when it goes mainstream !
2018 is NEM’s year and my God, I’m so glad I had the patience to HODL to my NEM even when odds were totally against me. 2018 is the year that will put NEM in top 3 Coinmarketcap’s chart. Just wait and see it for yourself.
NEM will be 3-5$ in spring-summer.
I am always down for a good bet and for this one, I give myself 85% real chance to fulfil this prediciton.
Waiting for opinions my Nemsters, until then, Kudos!