redpill me on NEM

>>3302339
Best crypto project. Now delet.

File: FlstMh6.jpg (247KB, 1280x1024px) Image search: [Google]

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>>3302494
how so? How does Proof of Importance work anyway?

redpill me /biz/

>>3302514
News:
They release Catapult soon, successor of mijin. They also adjusted the transaction fees last week to ~1c/tx.

Project:
Ripple with smart contracts + without centralization. Fair distribution of coins and very legit japanese devs. Aims at banks and big businesses.

PoI:
Like proof of stake but in addition you have multiplying factor of your generated coins which increases with account activity, tx volume, etc.
Basically the REAL users verify transactions and have the power, not some random whales.

>>3302595
That actually sounds dank as fuck except that whales and jews are the ones manipulating for gains.

Sounds like a decent hedge though.

>>3302623
Yeah it surely still has flaws and unfortunately not many big partners like other top 10 coins. But it holds its place up there for a reason. For me it's a low risk investment which might moon one day if big news should make the round

>>3302339
Here's the deal. They're not really focused on the coin price. They like their work to do the talking.
Very different people from all the new chink coins that like to overhype every news and announcement.
I closely follow NEM development and they truly do a lot of work and Catapult is almost here plus they do a lot of side projects like blockchain startups and helping on NEM based ICOs.
NEM will definitely NOT lose you money, it's pretty stable now at this price for quite some time. It just might take a month, 2 or 3 when Catapult is released to make any substantial gains(2-4x).
If you have a lot of money, then sure this is a great and safe pick, but if you're trying to make huge gains fast then find something else.

>>3302339
I WOULD SWALLOW MY PRIDE

>tfw I sold my XEM for OMG
>tfw worried I might miss out on day of the catapult

probably gonna buy back in lads