(XEM) NEM Speculation thread

[Simakki]

Lets wait and see.currently it aint pretty, selling all time low.

[0nlyBTC]

Lets wait and see.currently it aint pretty, selling all time low.

Less "whales" are good. bigger sell-offs means a better distribution. The wealth of whales is being dumped into more people hands. I think this is healthy for NEM Economy. Dare I say, furthering egalitarianism. interesting...huh.

[tyz]

From where do you know that sell-offs will lead to a better distribution. When one user buys the stake of a whale you have still one person who holds the same amount of coins.

Lets wait and see.currently it aint pretty, selling all time low.

Less "whales" are good. bigger sell-offs means a better distribution. The wealth of whales is being dumped into more people hands. I think this is healthy for NEM Economy. Dare I say, furthering egalitarianism. interesting...huh.

[Simakki]

Waiting for Bitrex and other exchanges. 

[autodiv]

There are 97 million available for sale on Poloniex already. Not exactly a rare coin now.

[Simakki]

There are 97 million available for sale on Poloniex already. Not exactly a rare coin now.

About 43 stakes in sale, so not that much.

[frajervitalny]

most people are holding...  There is no much new blood on BTT since depression and also cryptos arent precieved as good investment right now by wide public... people here, are hardcore cryptoheads and they got their NEM already.

In given circumastances NEM is doing well, I think.

[Simakki]

most people are holding...  There is no much new blood on BTT since depression and also cryptos arent precieved as good investment right now by wide public... people here, are hardcore cryptoheads and they got their NEM already.

In given circumastances NEM is doing well, I think.

And other exchanges have not added NEM yet. After one week the situation will be different.

[Coinsy]

Remember the good ole days of 1600% increases in alt-crypto when BTC was booming? Miss those times.

[patmast3r]

There are 97 million available for sale on Poloniex already. Not exactly a rare coin now.

Of 8,999,999,999. I'd say that's pretty rare.

[MrPortMan]

To receive the good price it is necessary to sell NEM for Fiat. People more willingly spend Fiat than BTC.

[MrPortMan]

We need Fiat gateways!

[sdersdf3]

There are 97 million available for sale on Poloniex already. Not exactly a rare coin now.

Of 8,999,999,999. I'd say that's pretty rare.

That's barely 1% for sale on the sell order book. The other 99% are holding.

And:
--Market cap is already in the top 20, just a few slots from Counterparty
--24 hour Volume/liquidity are already in top 10 (above Dogecoin, NXT, Shadowcash).
--Whitepaper on the POI innovation isn't even out yet
--News on direct fiat gateways are imminent (btc middlemen need not apply)
--it's only on one exchange, with more slated, including btc38 in China...
--biggest single post-launch 5-minute dump on the chart so far has been for only 16 BTC, and it's stabilising/rising now.

So far, NEM seems to be living up to its brand advertising: No one has a big chunk to megadump, making this coin megadump-resistant.

All that, and it's just Day 1.

[EMIF]

I thought it will start @ ¨500 satoshis levels and decrease by time to 250 satoshis. I decreased to 80ish satoshi level.

But rather than selling Im a buyer below 100 satoshis and already bought 2 million. Even if you dont find this coin so cool , -I believe- there is not too much risk @ buyin this price band. And Im nearly certain about not more than 1 month we will 250 satoshis.

Not an investment advice. Make your own decision.

[Este Nuno]

1 NEM stake = how much XEM?

[kodtycoon]

1 NEM stake = how much XEM?

2,250,000

[Este Nuno]

1 NEM stake = how much XEM?

2,250,000

Oh that's not too bad then. I was looking at Poloniex and I thought with a bit of a sell off one stake would be worth a lot less now but that's still a pretty decent chunk of money.

[kodtycoon]

1 NEM stake = how much XEM?

2,250,000

Oh that's not too bad then. I was looking at Poloniex and I thought with a bit of a sell off one stake would be worth a lot less now but that's still a pretty decent chunk of money.

yeah its impressive that the market has bounced back so well from 2 big dumps.. just hit 300 312btc volume too. investor interest is certainly strong. a lot of people will be delighted getting something of real value for a forum post and trivial payment for registration

[Hollowman338]

How about a NEMstake reward for the number of original stakeholders who never sell the smallest decimal exactly 1 year from now 

[Zer0Sum]

Meh, so you had a successful launch...
And your value is down about 10% from where it traded on NXT AE ($3,000,000 cap).

Not much you can do on NEM, is there...
And any plans for exchanges/markets are discussion stage ONLY.

https://forum.ournem.com/general-discussion/decentralized-market-based-on-nem-platform/

You're just fighting over the 50,000 hardcore crypto junkies...
NEM with its NIS, NCC, delegated harvesting, secret POI formula, etc = techie jargon...
And 64 bit desktop Java requirements NEM was not exactly designed by Apple for real people.

Personally, I want NEM to succeed because it directly helps NXT... maybe you pull a rabbit out of the hat.

But you will always be one year behind NXT and it's gonna be a long, hard slog under 100 sats...
Unless you guys can get existing Dark Net businesses to move to NEM (which NXT has failed to do).