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NEM on a pump. Any news that might trigger ths out yet ? In fact most alts are gaining on btc which is nice to see for a change since btc is acting like a bitch child
Japanese exchange Zaif hit 42+ cents USD. Right now western markets are playing catch up, resulting in a bit of a correction in price gaps. Down to 35 cents global average. In previous posts, I think I let on enough to tell ya it was going up.  Another update on cryptopia: Wallet downtime is much longer than expected. But I wouldn't worry at his moment. |
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Cryptopia Update: A system has been put in place to better monitor all deposits for tainted coin. When depositing XEM, expect a delay of at least 24 hours. I don't know precise mechanics of how this is working, but the wallet disconnects every day for a period of a couple hours, and upon coming back online, the missing transactions reappear. Wallet is currently being restarted, and anyone's missing XEM should appear in your deposit history shortly. Remember to use the Buy 50k Sats Trick to make your deposit available for trade. I explained this work around previously. If you aren't familiar with it, I encourage you to read the past few pages of posts, or click the embedded URL. Those of you with excessive FUD: Today a trade bot application used on the Binance exchange was compromised, resulting in the dumping of ViaCoin (VIA). Binance quickly stepped in, blocking all withdrawals, then proceeding to identify the problem. Blocking of withdrawals, and rumors of a hack, caused panic sells in many markets, including NEM. Binance, Bitcoin, Nem, nor anyone else besides a few traders using a specific trade bot were affected. Stay calm and buy some XEM! At this precise moment: XEM price is increasing to 32cents on Japanese markets, as US exchanges lag behind at 29cents. Lon Wong, issued a public statement a short time ago: https://t.co/Uf6jjVCgFo |
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I didn't list all the potential catalysts, I just threw a few out off the top of my head. They are back just one page here on this thread. Page 1811
One thing I didn't mention, is that NEM has one of the largest marketing budgets, if not the largest, of any crypto. And once catapult is launched, I'm sure the marketing will ramp up accordingly.
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Im hearing that Cryptopia are telling some of their users that support tickets are currently taking 45 days to resolve!
Yes. Wait times will vary depending on the coin, and which issue it is. Cryptopia has a lot of crap coin in their markets. Some are continually being 51% attacked, others have crappy developers, wallet issues, etc. Every issue is compounded by the fact that cryptopia user base has expanded so quickly. Currently automated response to new tickets is to wait 28 days for a response. There is one crapcoin that has been 51% attacked 3 or 4 times in the past month. Each time, traders in this coin get upset with cryptopia when they can't make transactions, but the root of the problem is in the crapcoin itself, then the Cryptopia team is constantly having to get their crapcoin wallet back on the correct chain. Cryptopia team is so swamped with issues like that, that they can't or won't devote enough time to problems with quality coin, like XEM. Afterall, anyone can pay Cryptopia to list their coin, so they do have an obligation to provide some sort of service to them. |
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I would open a ticket. In case there is a real issue requiring their specific involvement in your case, you will want to get in the queue (currently 28 days predicted wait period)
If they resolve the issue before then, and your deposit shows up. Please close your support ticket.
Creating a ticket for failed XEM deposits will also show how important NEM is to the community, and exemplify our demand for smooth XEM deposits.
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RTBc, Triple-check: -Cryptopia Deposit History -Receiving address -Required message -The Block your transaction is included in -The block height shown on cryptopia coininfo page ( https://www.cryptopia.co.nz/CoinInfo/) If Cryptopia does not show your deposit in the history, but is showing a block height greater than 20 above the block your transaction is included in, as shown in block explorer, Then I am afraid there is no work around. You will need to open a support ticket providing the required information, then wait for Cryptopia to apply the fix. *Edit* I just wanted to add: I have been making deposits to Cryptopia. Some deposit extremely fast. Others do not show up at all. This seems to be an intermittent issue. All of my deposits that do confirm within Cryptopia require the Buy 50k Sats work around. |
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This is interesting. I guess the NEM hack was a big event indeed when it comes to affecting the price. Wonder what the next catalyst for an upward price movement might be. Perhaps the release of Catapult? Other projects built on NEM?
There was no NEM hack. It was a crypto exchange that was hacked. The stolen funds were XEM. (The hacker has good taste) The exchange did not use some basic security measures available to them, nor the more advances security measures NEM provides. This hack was a greater loss than the famous MtGOX hack that crashed the markets years back. With latest hack, the markets have survived quite well in comparison. Japan is the global leader in crypto trading, processing around 60% of the world volume. The coincheck hack affected all markets. With XEM being the coin of choice by both the hacker, and Japan as a whole (XEM is #2 coin in Japan), NEM received most of the FUD. I outlined several market catalysts in my previous post. Hyjinx understands nothing of the functions of NEM, nor it's impact on the real world. He's a doomsdayer that throws various cryptos in the midst of his speech. "F this, F that! F me, F u. Planet X is gonna kill us all F! F! F!" |
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I never said the market has perfect sailing conditions. But unless an asteroid hits, the situation for NEM will only improve. I think that is an understatement. Catapult isn't just a new paint job. It's new everything from the lug nuts to the turbo. If you're trading. Watch for those volume spikes. |
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BTC is about to crash and burn which will take XEM to even lower lows. Lon Wong (the CEO) is a shithead who took XEM and blew it the fuck up with his senseless FUDing of exchanges with their tainting. We all get to suffer 2x now - normal market crash + his idiocy.
You're the same troll from reddit. Idk why you copy+paste your feelings everywhere. The hack was the fault of Coincheck, the exchange that held XEM in an insecure wallet. NEM / Lon Wong didn't have to help track the stolen funds. This is extra commitment on their/his part. The "tainting" is a simple Mosaic that helps us track the funds. It's not a contagious disease. If coinpayments.net CEO hadn't been allowing the hacker to launder the tainted funds through their system, it would have been much more difficult for the hacker to dump so much XEM in the markets. But it is what it is. Consider it a redistribution of wealth. Now we just enjoy the low prices while we can, and continue to close in on the hacker. There is a lot of great things going for NEM right now! -Exchanges have reactivated XEM trading. -New wallet with extra features released. -Lot of events/meetups scheduled to bring attention to NEM. -Nearly everyday one can learn of new projects planned to utilize NEM blockchain. -Polls ongoing / NEM entering new markets. -Catapult will be released soon. -Charts show nice little waves now. Price holding steady above 3k sats. -Japanese crypto markets starting to become more active again. -Coincheck allowing JPY withdrawals for the stolen XEM, at more than double the current market price! (about 88 cents) Anyone with stolen XEM can now rebuy double the amount they had stolen. I think it's all up from here. If you consider everything that has gone on and is taking place now, you'd realize that without a cataclysmic event, the situation really couldn't get much worse. I forsee some serious money hitting the XEM market. Possibly doubling the price overnight. It is currently way undervalued. |
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Cryptopia wallet is syncing up. If your deposits are confirmed but do not show in balance, remember that you can buy .0005 BTC (or more) worth of XEM to make them instantly available. Deposits should be working now, but may have minor delays.
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Well don't quote his scam, or you're spamming it yourself. Look how much page space you wasted by quoting that garbage.  |
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To check if wallet is synced, look at coin info page, search "XEM" and check block height: https://www.cryptopia.co.nz/CoinInfo/?coin=XEMThen compare block height shown on cryptopia, to the correct current block height in your favorite block explorer: http://explorer.ournem.com/#/It's common for a wallet to fall behind by some amount of blocks, but cryptopia's has been stuck on block 1531313 for some time. Today all node connections dropped to 0. It should be 400+ |
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Cryptopia's NEM wallet is still out of sync, so any new withdrawals or deposits will not be processed until further notice.
If you made a withdrawal within the past couple days, and it does not show in explorer, then it was not processed before the wallet went out of sync. OR you made a human error.
When depositing XEM, you must include the required message accompanying your deposit address, since Cryptopia does not support multisig at this time.
Another tip: When viewing transaction information, you may not be able to copy the entire string of characters. To do so, export to a spreadsheet of your choice, and copy the transaction ID from there.
I have a new twitter channel for tips and announcements like this. You can follow me: @leoinker. I only have 2 followers right now, lol. After me, they were the first two to be able to capitalize on the arbitrage between other exchanges and Cryptopia once XEM deposit status changed from "Status 3" to confirmed.
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The coin is dead, the developers have sold their supplies, soon the scum! Run fools! The course fully shows the inaction of the developers!
I'm not a dev, but I dumped yesterday and today, driving price way down. Sorry, but I had other projects going on. |
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If you have confirmed XEM deposits in your cryptopia wallet, but cannot access them, Simply buy .0005 BTC worth of XEM. Your full XEM balance will immediately appear and be accessible to trade.
This only works with deposits showing "Confirmed", as the Cryptopia's NEM wallet is currently stuck on block 1531313
Happy trading!
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I dumped, too. I wanted to hold, but can't justify it. It dropped another 17% since I sold. Maybe I'll buy back in later.
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Wow! Essentially, he is saying that he won't do anything without a court order, because it somehow will set a precedent encouraging government intervention in possible future scenarios involving "freedom fighters"...
So he doesn't want government intervention, but says that that's what must happen for him to do anything.
In this scenario, Inkadnb is the "freedom fighter". The precedent Ervichov is setting, is a big welcome sign to hackers or anyone wishing to launder money.
In the very least, he could easily disable XEM payments entirely. Doing so would have no interference with anyone's privacy, and would help provide better service to NEM and the XEM user base long term.
I don't think this will be good for CoinPayments, which does have an obligation to do what is in the best interest of it's investors.
*Edit* I just saw this on their Twitter:
@CoinPaymentsNET
NEM is down for temporary maintenance. It should be back within 24 hours.
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$15 was surely a very good price for anyone looking for entry point, 7% in airdrop today.
What time does airdrop happen? It's still Sunday for several hours where I am at. |
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Late January, there was a hack on Japanese exchange CoinCheck. With trading frozen on their platform, it put additional strain on exchanges.
This hack caused a lot of FUD in the entire crypto space, resulting in a lot of dumping, which created a sort of "snowball effect" effecting one coin after another. This caused even more strain on exchanges, as transaction volumes skyrocketed, increasing wallet issues exponentially, underscoring any FUD that already existed.
The coins dependent on cryptopia markets suffered the greatest.
I think it's a buyers market. This global FUD will kill many shatcoins. The quality projects like Bulwark will get the attention they deserve. The strong will survive.
If you compare 3 month price charts, Bulwark is actually doing well, even up against more popular coin.
We all like to see our investments growing in value, but we also like to get a good deal. When the housing market crashed in 08, those who made out best afterwards, were those who had money to buy houses. They were on sale! And when the market recovered, it was the buyers who came out ahead.
Dump or HODL, a good investor is only as good as his next trade.
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Glad to see BTX on CryptoBridge! It's my favorite DEX! |
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