Hi Guys, I would like to share with you some of my thoughts about NEM's future value. If you look into the amazing short history of Bitcoin "just 3 years!" You would find that whenever a new service or product been offered for Bitcoin the higher Bitcoin price advanced. One of the main factors that effluences the value of any Crypto currency is what you can use it for.
Bitcoin has only one use/value which is basically to be traded and exchanged to other currencies/products/goods, where other crypto currencies have other features and usages that are very specific to its algorithms, such as ASIC mining resistance and transaction Mixing. If you look into each single crypto currency that made it to the market during the past year you will find that each of which has its own unique feature that attracts specific domain of users demand. On the other hand crypto currencies that failed, basically failed cause it couldn't manager to offer any new in terms of usage/features.
NEM is one of the very first crypto currency that managed to implement multiple features that cover all features offered in all other crypto currencies, plus much more. The proof of importance forging/mining feature on its own is a huge advantage over all other cryptos including NXT. Market place, Asset exchange, transaction mixing, social network, and way much more. NEM is one of the first attempts toward an internet evolution of an encrypted secure decentralized social network.
As long as NEM's usage and features are going to constantly continue evolving and expanding, I would have no doubt that NEM's market capital will one day hit a higher value than Bitcoin's market capital. The spirit, effort, collaboration, evolution, innovation, ease, team, community, concept, creativity and hopes behind NEM is what makes me feel that NEM tends to be the one Crypto currency that will dominate the market in the near future.
These thoughts were the main points that helped me in making a critical decision of selling all my alt coins in addition to all my bitcoins to invest in NEMstakes.
If I may add, cryptos that have specific domains of users will eventually fade off. We need a crypto that is pervasive and target the masses. Bitcoin, in away, is only specific to 2 million odd users and is by far the largest. But that is not good enough. I reckon we need something like 50 million users to achieve critical mass for widespread adoption.
Hence, yes, Bitcoin will be displaced one day. Let's hope it is NEM. I am of the opinion that Bitcoin will be displaced by a new version of crypto. I wouldn't call it 2.0 just yet but we'll see if NEM can be a front runner for that.