Price speculation



remember if the launch goes well and price keeps rising you could see the NXT guys jumping ship to NEM.....a possibility?


not sure about that, when NEM launches, NXT will still be way ahead of us.


NXT has a big and healthy community. I doubt anyone would jump ship even if we were at the same stage in terms of development.






We must offer something different and better than NXT though, because otherwise we'll always be seen as just a NXT clone. We need our own niche and it has to be focussed on friendliness ease of use etc. Because NXT is really complicated for newcomers. If nem can be more ergonomic then we can rule the 2.0

The phrase 'keep it simple, stupid' could offer guidelines here :)


I thought the stake sale was making millions to plough into this network?


Crypto 3.0 will be more about UX/UI than technology. Unfortunately, NEM is there at all yet, as we have no mobile apps. Any crypto launching now should be mobile first if they want to reach mass adoption.

Couldn't we hire somebody to start developing a mobile app asap?


Let's put some dole together and hire some. Anybody game to work on that?

I'd be game. Havent got that much though but trying to get rid of some assets ;).

Am i badly derailed if i presume we could have the app launch done within 2 months from now if we hire somebody full time?

Anybody else game to hiring?







We must offer something different and better than NXT though, because otherwise we'll always be seen as just a NXT clone. We need our own niche and it has to be focussed on friendliness ease of use etc. Because NXT is really complicated for newcomers. If nem can be more ergonomic then we can rule the 2.0

The phrase 'keep it simple, stupid' could offer guidelines here :)


I thought the stake sale was making millions to plough into this network?


Crypto 3.0 will be more about UX/UI than technology. Unfortunately, NEM is there at all yet, as we have no mobile apps. Any crypto launching now should be mobile first if they want to reach mass adoption.

Couldn't we hire somebody to start developing a mobile app asap?


Let's put some dole together and hire some. Anybody game to work on that?

I'd be game. Havent got that much though but trying to get rid of some assets ;).

Am i badly derailed if i presume we could have the app launch done within 2 months from now if we hire somebody full time?

Anybody else game to hiring?



sounds good. il put towards this if its needed.

I think the value of NEM will depend on a number of factors: 1)what kind of innovation we'll be able to deliver, 2)how well we'll market that innovation, 3)what kind of active community we'll be able to build, 4) how rich of an ecosystem we'll be able to offer and more importantly, how simple we'll be able to make it  for the average user to gain access and use all this.

That being said, I expect one stake to be at least 5-10 btc after launch - at least 10-15 btc after 6 months - and at least 15-20 btc after one year. Please note that I'm very conservative in this projections and think there are reasonable scenarios where the value could easily be double from the one I mentioned.

but didn't the nemstake sale raise a lot of money to fund things like mobile development?


but didn't the nemstake sale raise a lot of money to fund things like mobile development?


No. None of that money went to the dev team at all, but rather to the stakeholders in the community who sold their stakes and left NEM.

but you originally sold stakes in nem for BTC on the forum, are you saying he project has no money?


but you originally sold stakes in nem for BTC on the forum, are you saying he project has no money?


No, of course those BTC and NXT can be used and are being used for these things. But money goes fast and we have to be carefull not to throw it out.
I do think we could use it for an app though.

I think as we'll approach beta, and some more things will be unveiled we will see again prices above 30k Nxt.


but you originally sold stakes in nem for BTC on the forum, are you saying he project has no money?


It was something like 100BTC. To me that is pittance money for a project of this size. And like Patmast3r said, maybe one or two mobile apps and the coffer is all dried up.


but you originally sold stakes in nem for BTC on the forum, are you saying he project has no money?


It was something like 100BTC. To me that is pittance money for a project of this size. And like Patmast3r said, maybe one or two mobile apps and the coffer is all dried up.


True I guess we really need to concentrate on the community element so we can do funding drives etc.



but you originally sold stakes in nem for BTC on the forum, are you saying he project has no money?


It was something like 100BTC. To me that is pittance money for a project of this size. And like Patmast3r said, maybe one or two mobile apps and the coffer is all dried up.


True I guess we really need to concentrate on the community element so we can do funding drives etc.


Yes, indeed. After all we are at least 2800 strong! And as Bitzcoin said in the BTT, with each contributed 10K coins, this can quickly add up to about 30 Nemstakes for more initiatives to be accomplished.

Seeing as this community is much more energetic and generous than most communities in the Crypto Space
taking into consideration that several NEMsters sent us NEM in the beginning stages and we would really
like to give back to those people in the near future when our projects are all in place and revenue is being
generated on a daily basis.

I don't know who BloodyRookie is however he has got to be one of the most generous people in the Crypto
Space that I have ever came across in the few years that I have been involved with Crypto.

Thank You for your Generous Contribution I look forward to connecting with you in the future brother.

Anyways I believe NEM easily has the potential to reach at minimum 10X the Current Price of NXT based
on the sheer size of the Community and the unique features that encourage everybody to trade and
exchange with each other in order to increase their Level of Importance.

I believe that is genius in itself.


if it was 1/4 nxt it would be about 12,500  :)

if speculation blew it to 1/2 nxt it would be 25,000  ;)

if it went to nxt price now it would be $50,000  :D

Let's say people loved Nem to death and it went double NXT $100,000  ;D

Let's say it went to $1  :P


Let's not make the same error NXT did: for price to go up we need to lower minimum fee below 1 NEM.

It is not acceptable a fee of 0.05 $ per transaction.


if it was 1/4 nxt it would be about 12,500  :)

if speculation blew it to 1/2 nxt it would be 25,000  ;)

if it went to nxt price now it would be $50,000  :D

Let's say people loved Nem to death and it went double NXT $100,000  ;D

Let's say it went to $1  :P


Let's not make the same error NXT did: for price to go up we need to lower minimum fee below 1 NEM.

It is not acceptable a fee of 0.05 $ per transaction.


That can only happen when NEM is more valuable. You can't just take away the incentive to run nodes otherwise there will be no network anymore.

0.10 USD 6 months after launch thats my tipp. but maybe its just a feelin :smiley:




if it was 1/4 nxt it would be about 12,500  :)

if speculation blew it to 1/2 nxt it would be 25,000  ;)

if it went to nxt price now it would be $50,000  :D

Let's say people loved Nem to death and it went double NXT $100,000  ;D

Let's say it went to $1  :P


Let's not make the same error NXT did: for price to go up we need to lower minimum fee below 1 NEM.

It is not acceptable a fee of 0.05 $ per transaction.


That can only happen when NEM is more valuable. You can't just take away the incentive to run nodes otherwise there will be no network anymore.


Chicken and egg scenario

I was sure i would find some thoughts here about the recent rise of xem :disappointed:

Question I have: Does it all have to do with mijin, or is Mike Hearn’s move also a factor? Something else?

Edit: added reference to article Bitcoin Farewell Post Was No ‘Banker Conspiracy’

HOLD!!! https://www.youtube.com/watch?v=N1NupxasQWs

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