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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2892378 times)
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April 25, 2016, 09:23:42 AM
 #23301

Is the reward for supernode active yet?
Because i'm only receiving about 10xem per day. My supernode passed all test with flying colours.

Not yet, but close I would say as they are sending out test transactions
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April 25, 2016, 03:24:24 PM
 #23302

I panic bought 400k nem/xem at 389sat Sad lol and now it's 335 sat  Shocked

It is totally OK to buy NEM @ 389 or even 500 but it might not be wise to sell lower than what you bought it for. My advice to you hold on to your XEMs for at least a year. It is very possible that NEM value will be multiplied by at least a factor of 10 if not 100 within the coming 3 years.

Most Nemsters buy NEM not as a short,medium, or even long term investment, but as a share in a platform/idea that they strongly believe in. If you think about it this way you will never lose.
So with the bitcoin halvening, the btc price is expected to increase and in turn the nem price aswell?  Grin
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April 25, 2016, 03:52:51 PM
Last edit: April 25, 2016, 04:03:01 PM by McDoxy1
 #23303

I panic bought 400k nem/xem at 389sat Sad lol and now it's 335 sat  Shocked

It is totally OK to buy NEM @ 389 or even 500 but it might not be wise to sell lower than what you bought it for. My advice to you hold on to your XEMs for at least a year. It is very possible that NEM value will be multiplied by at least a factor of 10 if not 100 within the coming 3 years.

Most Nemsters buy NEM not as a short,medium, or even long term investment, but as a share in a platform/idea that they strongly believe in. If you think about it this way you will never lose.
So with the bitcoin halvening, the btc price is expected to increase and in turn the nem price aswell?  Grin

Depends...
BTC/XEM could drop when bitcoin goes ballistic and a lot of people go back into bitcoin due to FOMO.
If BTC/XEM falls less than bitcoin rises, then XEM/USD (and our marketcap) would increase though.
That's usually what happens.

If we really get a Nov'13 like megabubble it doesn't really matter though, because the money that comes into crypto through those bubbles will probably trickle down into altcoins and if the next bubble is the same magnitude as the one in 2013 then we can expect about 60 billion USD rushing into crypto.
But that's just speculation. The realist in me kind of doubts it will happen.

What would be way more exciting is if XEM ten-folds independently from bitcoin because of deals made by Dragonfly/Mijin for instance.
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April 25, 2016, 05:26:12 PM
 #23304


If we really get a Nov'13 like megabubble it doesn't really matter though, because the money that comes into crypto through those bubbles will probably trickle down into altcoins and if the next bubble is the same magnitude as the one in 2013 then we can expect about 60 billion USD rushing into crypto.
But that's just speculation. The realist in me kind of doubts it will happen.

What would be way more exciting is if XEM ten-folds independently from bitcoin because of deals made by Dragonfly/Mijin for instance.

That 60 billion figure is getting mixed up with market cap which is pretty much meaningless. If sixty billion of real expenditure poured in you'd be paying tens of thousands for your Bitcoin. I'm sure late 2013 attracted a decent amount of cash but it probably was tens of millions.

NEM is one of the very few projects that might be able to step away from BTC on its own terms. I'm kinda surprised it isn't being talked about more considering there are coins which promise the world and effectively do nothing gathering more excitement.


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April 25, 2016, 06:40:27 PM
 #23305


If we really get a Nov'13 like megabubble it doesn't really matter though, because the money that comes into crypto through those bubbles will probably trickle down into altcoins and if the next bubble is the same magnitude as the one in 2013 then we can expect about 60 billion USD rushing into crypto.
But that's just speculation. The realist in me kind of doubts it will happen.

What would be way more exciting is if XEM ten-folds independently from bitcoin because of deals made by Dragonfly/Mijin for instance.

That 60 billion figure is getting mixed up with market cap which is pretty much meaningless. If sixty billion of real expenditure poured in you'd be paying tens of thousands for your Bitcoin. I'm sure late 2013 attracted a decent amount of cash but it probably was tens of millions.

NEM is one of the very few projects that might be able to step away from BTC on its own terms. I'm kinda surprised it isn't being talked about more considering there are coins which promise the world and effectively do nothing gathering more excitement.



Yup, that is true. I was using marketcap figures. The exact amount is definitely a lot less. But I would say it's definitely more than tens of millions. My guess is at least hundreds of millions.

And I agree, NEM is hugely undervalued right now. I guess it's not being talked about a lot, because of image/marketing problems. The "New Economy Movement" thing turned a lot of people off.
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April 26, 2016, 01:59:17 AM
 #23306

A lot of people? What were the arguments against a new economy?

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April 26, 2016, 02:38:31 AM
 #23307

A lot of people? What were the arguments against a new economy?

The establishment supports existing economy.

So business does.

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April 26, 2016, 06:16:23 AM
 #23308

A lot of people? What were the arguments against a new economy?

The establishment supports existing economy.

So business does.

Ah, OK. That's normal. All changes are tough.

But a lot of them are looking at or into blockchain technology, including the IMF https://www.imf.org/external/pubs/ft/sdn/2016/sdn1603.pdf and big banks (R3, ...).
And a lot of businesses are looking how they could benefit from the technology.

It's up to our community to show what blockchain in general and nem specifically can do and help them change their mind.

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April 26, 2016, 06:18:28 AM
 #23309

A lot of people? What were the arguments against a new economy?

"New Economy" is an older term from the 90s/2000s and associated with early internet companies and the dot-com bubble, and "Movement" has just too much of a idiological connotation. NEM started very idiological, almost cult like, which almost turned me off as well, but I saw the technological potential. You just don't get mass acceptance that way.
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April 26, 2016, 06:24:45 AM
 #23310

A lot of people? What were the arguments against a new economy?

"New Economy" is an older term from the 90s/2000s and associated with early internet companies and the dot-com bubble, and "Movement" has just too much of a idiological connotation. NEM started very idiological, almost cult like, which almost turned me off as well, but I saw the technological potential. You just don't get mass acceptance that way.

Yeah, many people have recognized this as an issue already. Thing is, NEM does have some name recognition by now. So I'm okay with the idea to just leave NEM but not as an acronym. The letters don't have to stand for anything. Just nem.

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April 26, 2016, 06:26:28 AM
 #23311

A lot of people? What were the arguments against a new economy?

"New Economy" is an older term from the 90s/2000s and associated with early internet companies and the dot-com bubble, and "Movement" has just too much of a idiological connotation. NEM started very idiological, almost cult like, which almost turned me off as well, but I saw the technological potential. You just don't get mass acceptance that way.

Yeah, many people have recognized this as an issue already. Thing is, NEM does have some name recognition by now. So I'm okay with the idea to just leave NEM but not as an acronym. The letters don't have to stand for anything. Just nem.

Yeah I'm fine with that as well.
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April 26, 2016, 01:03:20 PM
 #23312

NEM is just, NEM. Nothing Else Matters. Smiley

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NEM ....best currency distribution ever ...!!!!!!!


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April 26, 2016, 01:25:24 PM
 #23313




     now then.......here is a news release about a major new blockchain Consortium



                 http://www.prweb.com/releases/2016/04/prweb13369623.htm



                        I wonder which crypto platforms will benefit from this new initiative ?



                                     better to check out the top personnel to find that out.....     Grin Grin Grin Grin

NDZ4YPCKVKWAIIZBB5T7T5EL67N2XWPQODGGWIYT
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April 26, 2016, 01:32:47 PM
 #23314




     now then.......here is a news release about a major new blockchain Consortium



                 http://www.prweb.com/releases/2016/04/prweb13369623.htm



                        I wonder which crypto platforms will benefit from this new initiative ?



                                     better to check out the top personnel to find that out.....     Grin Grin Grin Grin

Quote
Overview of Consortium
Name: Blockchain Collaborative Consortium (BCCC)
Chairman: Inforteria Corporation CEO Yoichiro Hirano 
Vice Chairman: CurrencyPort  CEO Yasunori Sugii
Tech Bureau, Corp. CEO: Takao Asayama
Bureau: FINO LAB, Tokyo Ginko Kyokai Building 14F, 1-3-1 Marunouchi Chiyoda ward Tokyo, Japan
Official Website: http://bccc.global/

Advisers
Name(affiliation)    
Masujima Masakazu(Mori Hamada & Matsumoto, Attorney at Law)
Lon Wong(CEO, Dragonfly Fintech, Singapore)
Anis Uzzaman(CEO, Fenox VC, Silicon Valley)
Kazutaka Muraguchi(head of Nippon Technology Venture Partners)
ooooooh yes  Grin Grin
very, very impressive list of founding members.

need. more. xem.
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April 26, 2016, 02:05:52 PM
 #23315




     now then.......here is a news release about a major new blockchain Consortium



                 http://www.prweb.com/releases/2016/04/prweb13369623.htm



                        I wonder which crypto platforms will benefit from this new initiative ?



                                     better to check out the top personnel to find that out.....     Grin Grin Grin Grin

Most of the Council members and Advisors are NEM related. Smiley

Bodes well for Japan. Both the Chairman and Vice Chairman are strong NEM advocates and champions. They are NEM leaders in Japan now.

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April 26, 2016, 02:21:20 PM
 #23316




   some consortiums will work with CLUNKY btc and then other consortiums will work with SMOOTH NEM....... Cheesy Cheesy Cheesy Cheesy Cheesy

         

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April 26, 2016, 02:45:49 PM
 #23317




     now then.......here is a news release about a major new blockchain Consortium



                 http://www.prweb.com/releases/2016/04/prweb13369623.htm



                        I wonder which crypto platforms will benefit from this new initiative ?



                                     better to check out the top personnel to find that out.....     Grin Grin Grin Grin

Impressive consortium.

Edit: although SBI is missing, I wonder why...

garp
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April 26, 2016, 03:10:57 PM
 #23318

SBI is a bank.

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April 26, 2016, 03:18:14 PM
 #23319

Takao is also CEO of that consortium too.  Looking good for NEM!

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April 26, 2016, 03:19:33 PM
 #23320

Regret buying at 389 because I keep seeing cheap coins that I want to buyyy!! Shocked  Grin
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