i think u should never forget the power of zero inflation
this is why longterm price will have to go up with demand
limited supply for the win!
Bitcoin has a ton of miners that need to be paid daily to run the network. We are talking hundreds of thousands of dollars of dump everyday. Which means that there also has to be that much plus some for the price to rise in Bitcoin.
If it came from fees, that would be fine but instead it comes from inflating the supply of Bitcoin's devauling the coins of others.
NEM's cost to maintain the NEM network is so low. Many people can harvest with a Raspi and there home internet connection. That makes their sell pressure to maintain operational costs evaporate.
So it'll be interesting to see in a few years how NEM is doing. Not a lot of whales to dump, and not a lot of sell pressure from monkeys = a platform that has removed the restraints to grow.
