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Author Topic: Why NEM is now 4th on market capitalisation?  (Read 859 times)
dennyd999
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May 19, 2017, 01:24:01 AM
 #1

Did you saw it?

https://coinmarketcap.com/currencies/nem/

What is NEM?

Why it is growing?

Do we expect more growth in the future?
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May 19, 2017, 01:34:28 AM
 #2

Growth should be slower because this is really fast but still NEM is here to stay and the day of $1 nem may arrive within 1-3 years
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May 19, 2017, 01:48:47 AM
 #3

Someone was posted in another thread about some good news on this coin. https://www.reddit.com/r/nem/comments/6bt0nt/massive_news_for_nem_and_mijin_in_japan/

Developers are talking to banks in Japan to integrate this coin features and developers trying hard to promote this coin with hard work, so prices are going up. I feel it is the right time to enter into this coin. After I purchase this coin, already almost 80+ profit gave me in less than one week time.

                                                                       
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May 19, 2017, 02:09:47 AM
 #4

This is a unique coin with talented developers. Kudos to NEM! I thought it should have been up there a long time ago.

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May 19, 2017, 02:18:16 AM
 #5

Someone was posted in another thread about some good news on this coin. https://www.reddit.com/r/nem/comments/6bt0nt/massive_news_for_nem_and_mijin_in_japan/

Developers are talking to banks in Japan to integrate this coin features and developers trying hard to promote this coin with hard work, so prices are going up. I feel it is the right time to enter into this coin. After I purchase this coin, already almost 80+ profit gave me in less than one week time.

That news is actually old news.  There is some more recent news about the technology being used by a couple of companies, and there is a lot of potential with the technology that is being worked on in Japan. Mijin, a private version of the platform based on the upcoming Catapult revision, which will be rewritten in C++ and be capable of 3000 transactions per second (contrast that to bitcoin which does about 7 transactions a second on a good day) ... this kind of scalability would be useful for financial institutions to decrease costs in their doing business.  If you actually study the tech you'll see that it puts things like LTC with segwit to shame.   This is the third coin of the big tree (Ripple, Ethereum, and XEM) that are poised to replace bitcoin, and of the 3, XEM is by far the best CURRENCY, while Ethereum is the best service/application platform.  Ripple's kind of like the redheaded stepchild that people want to leave the room but it's there anyways. :p  After weeks of trying to extol the virtues of this coin without sounding like I was simply pumping or hyping it, it gets the respect it deserves.  Unfortunately the threads disappear off the first page fast and another "best altcoin" thread pops up twice a day.





Hahaha.. the logo I made during the original stakeholder days is still there.  Anyone remember the TV network UPN? :p  

https://bitcointalk.org/index.php?topic=426303.msg5413301#msg5413301

At least I can say I put in SOME effort to get my stake.. a few people even liked the logo. :p

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May 19, 2017, 03:22:39 AM
 #6

I think this is the fastest growing coin

BANCOR
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May 19, 2017, 04:10:17 AM
 #7

Did you saw it?

https://coinmarketcap.com/currencies/nem/

What is NEM?

Why it is growing?

Do we expect more growth in the future?

Did you saw it?

https://coinmarketcap.com/currencies/nem/

What is NEM?

Why it is growing?

Do we expect more growth in the future?

actually i don't know much about NEM, i only see in the coinmarketcap that NEM is increase so fast and reach high position. i think why NEM growing is because bitcoin price is increase too so altcoin including NEM is follow to increase. its the good time to make profit with NEM because we see that NEM is really slow to increase in the last year and now its a good change to go up like other coins.

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May 19, 2017, 04:47:59 AM
 #8

OLD complicated ICO / Premine scheme that made some people rich.

https://bitcointalk.org/index.php?topic=422129.0

Quote
HOW - TO

The fundraising is especially designed to promote fairness and egalitarianism. This is the first funding scheme of this type ever and we believe it is revolutionary in its effort to bring egalitarianism to the crypto industry.

If you do not have a Bitcointalk account yet, you need to create one to reserve a stake spot. Do not lose the account password, because you will need to access the account later to claim your share.

In the first 20 pages, stake spots are reserved only by showing "interest". After page 20, a fee has been introduced for late adopters. People who join after page 20 will still be distributed an equal share of NEM but they have to pay a fee to join in. Then after every 10 pages, the fee will be adjusted as a multiple of the initial fee. Another way to reserve a stake spot is to promote NEM to the outside community. Condition of promotion for a stake spot will be revised every 10 pages by the development team. We would greatly encourage you to spread NEM's idea to mainstream people outside the cryto-community even when you have already reserved a stake spot.

After we reach a critical mass, we will launch the NEM genesis block, (we plan not to have more than 4000 accounts in total, see FAQ below). A total of 4 billion NEM will be distributed equally to all adopters. That means every stakeholder will have an equal and fair share of NEM when NEM blockchain officially starts. Then you can sell- buy NEM freely and let the market forces determine the price.

One Bitcointalk account is entitled one stake spot. If you send more than the required amount at one time or multiple times, we will consider it a donation to NEM.

Oh and i have never had a "NEM" or "NXT" ever.
..nor will i.

I couldn't care less what they are worth of if they are ranked higher than Bitcoin.

PS:
In case it's not obvious i am not a fan of convoluted / complicated scammy little weird ass fucking distribution schemes.

--  Warning: BTCe = Scamming Users / See Scam section here  --
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May 19, 2017, 07:02:11 AM
 #9

I think this is the fastest growing coin

In this week itself price almost double. I got some of these coins and looks good to hold for long to make a good profit. I don't know whether prices are moving up because all other coin prices also going up or any specific reason like other mentioned above. But my investments gave me some good profit this week.

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May 19, 2017, 07:46:58 AM
 #10

I think that it is pure speculation. I have studied the technology behind NEM, and there are dozens of similar alts around. So in my opinion, the current spike seems to be a pump-and-dump.

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May 19, 2017, 08:04:12 AM
 #11

how come XEM has been pumped? I wonder why since unlike LTC, they dont have any update as of the moment. Could some one enlighten me or send link regarding XEM reliable sources. Thanks


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May 19, 2017, 08:07:12 AM
 #12

Just saying that NEM (XEM) is the most decentralized coin in the most altcoins that growing enough here. Am sure that NEM (XEM) would be #2 in cryptocurrency after this year would end. And i'm hoping that NEM (XEM) would be in $1-$2 price after this year would end. Anyways am one of bag holders of this coin

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NorrisK
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May 19, 2017, 08:10:05 AM
 #13

how come XEM has been pumped? I wonder why since unlike LTC, they dont have any update as of the moment. Could some one enlighten me or send link regarding XEM reliable sources. Thanks

It has been severely undervalued for YEARS. The team made solid progress on the platform and starting integration with big companies and financial institutions.

Even better, the team did this without raising millions in an ICO. The team did this with only several thousands of raised money and the rest came from the funds that were allocated from the NEM total.

Best coin, best tech, bright future.

danherbias07
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May 19, 2017, 08:19:06 AM
 #14

I join investing with this coin a long time ago but reget selling all of it thinking it is a failed one.
Now, it can be seen in the market how much it grew from 3 digits of satoshis to now 5 I think.
There is a lot of room for growrh with NEM but it is hard to invest again when you experiemce buying it first at cheap price.

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oaks05
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May 19, 2017, 08:51:41 AM
 #15

its going to keep rising so I can be mad I sold my stake years ago for I believe $1400 at the time which is now worth over $500,000, they gotta make sure they keep rubbing it in.




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toknormal
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May 19, 2017, 09:12:43 AM
 #16


Next one to do a "NEM" will be Bitshares.

The demand for trustless, fiat-pegged crypto-assets is going to be astronomical. There is only really one significant source of such market-backed liquidity and it's maturing by the month: BTS.
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May 19, 2017, 09:41:32 AM
 #17

how come XEM has been pumped? I wonder why since unlike LTC, they dont have any update as of the moment. Could some one enlighten me or send link regarding XEM reliable sources. Thanks

one word, japan.


Next one to do a "NEM" will be Bitshares.

The demand for trustless, fiat-pegged crypto-assets is going to be astronomical. There is only really one significant source of such market-backed liquidity and it's maturing by the month: BTS.


i wish that too, did you know that Dan create new one? EOS or EON i forgot which one  Grin

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marketone
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May 19, 2017, 10:06:52 AM
 #18

I think this is the fastest growing coin

Yes, it is one of the fastest coins which are growing it daily cap, already this platform in many ways and now taking the next level. Already the price of NEM will reach to 1$ within a year because Dev team is promoting it's branding in different aspects of banking sectors. 

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