Nem is hardly used by any business, so how do you expect it to be valuable in the long term.
No matter how good the tech is, if there is no marketing and no one can use it in their daily life it will become useless.
It looks like nem was just a hobby project or a test project for the Nem team. they are too busy creating some other stuff for real businesses like Mijjn and Catapult. And we just hope that some of the success will flow into Nem. Just pathetic. They have a Nem marketing fund which they do not use and they do not update us about their plans with regard to Nem itself.
No idea why people are so excited with those side projects, currently Catapult that is supposed to come out in August. I doubt we will see any positive effect that causes shops and businesses to implement NEM
It sounds like you're trying to run down the price to scoop up some more. Can you keep doing that, because I put in a super lowball buy order and it would be kind of cool if it filled...
To the one who said they invested family savings in NEM, very, very risky. It might work out, but it also might not, and no matter how good the coin is, only invest what you can afford to lose.
And when you start feeling that you can't afford to lose what's been gained, it's time to take some profits and diversify.
i have 50 % of the family saving into crypto not all(my wife doesn't know it yet lol)
i did it because i hate my job, it's worth risking
i liquidated stellar and dash and chose Nem after i've done my little research
i feel more secure holding nem, the marketing is the only thing that scares me a bit
overall nem is solid .
NEM is the safest, most secure and most promising block chaining technology. If there is one thing you should worry about it is crypto market in general including BTC and all ALTs. I do not think that we will see a bear market this year. Most bitcoiners are expecting a bear market to start soon which is a usual yearly event that would last for more than 6 months. But what is happening this year is totally different than all previous years. What you are witnessing nowadays in market instability is due to old bitcoiners thinking that "THIS IS IT" the BULL MARKET is done by 2800$ where in fact it is not done and it might not stop up until BTC cross 5000$. Search engines are showing trends ATH in Bitcoin interest. New users are happy about the drop under 2000$ thats why BTC price started to rise again. NO OLD MARKET ANALYSIS NOR ANY OLD PATTERN will be repeated this year namely in the coming 3 months.
So where is NEM standing with all that? Well, if BTC is gonna rise to just 2500$ expect NEM to double if not triple one or two weeks later!