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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2906648 times)
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jabo38
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mining is so 2012-2013


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September 23, 2016, 02:33:27 PM
 #26381

This coin is funny. Everytime i buy some, its going down Smiley
Me too but then I hold and a big bump comes and it is all okay.

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jaesonma
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September 23, 2016, 02:35:52 PM
 #26382

This coin is funny. Everytime i buy some, its going down Smiley
Me too but then I hold and a big bump comes and it is all okay.

So you guys can buy more, don't be all-in, just buy with multiple orders, to level down your average price.
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September 23, 2016, 06:57:02 PM
 #26383

Here's some update from the ninja hideout on catapult:

The architecture may not seem to mean anything for those who do not understand system architecture. But this is what it means. Many systems designed for the Internet are based on the famous tiered web architecture. It provides for greater performance and security.

In trying to achieve maximum throughput, the design of the catapult is broken into application specific modules or servers. A new layer of API servers is added so that it can allow the entire network to scale in both directions, i.e.,providing high throughputs (queries/s as well as tx/s through the API servers) while it also allows the backend network to scale independently.

The all new catapult network at the backend is where the blockchaining is. The whole idea of this type of configuration is to independently scale the API (the number of clients) and the blockchain (data replication / security). This sort of configuration allows for enterprise class deployment. They not only comply with industry practice, they also take NEM's blockchain technology one notch up by being able to scale the number of transactions to thousands per sec. Initial results have been most promising. But the ninja boys are sharpening their wares to make it transact at even higher throughputs.

World class and bleeding edge in Blockchain technology design. Most promising indeed!

cryptonit
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September 23, 2016, 11:18:55 PM
 #26384

This coin is funny. Everytime i buy some, its going down Smiley
Can you buy again and again and again then  Wink

price falling = buy more
called average down the investment cost per coin


 
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September 24, 2016, 01:00:38 AM
 #26385

Everything seems to be falling at the right place in NEM. Exciting times ahead.
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September 24, 2016, 01:26:55 AM
 #26386

There is no doubt xem has the best technologies and coders.
However their marketing is as usual the weakest component.
If xem wants to reach 1b marketcap, the focus needs to be balance.
nzminer
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September 24, 2016, 04:13:41 AM
 #26387

This is awesome news indeed!
Im looking forward to being able to run my own catapult node!

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
jabo38
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mining is so 2012-2013


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September 24, 2016, 04:22:26 AM
 #26388


World class and bleeding edge in Blockchain technology design. Most promising indeed!



Most blockchains still have a single-tiered network where the wallet and server are one in the same at the core level. The original NEM architecture was one of the first to efficiently design and utilize a two-tiered network, and now Catapult is the first ever announced network using three.

As Jaguar, the lead dev working on Catapult told me, older blockchains scale linearly, one server serves only a certain amount of clients.  The new Catapult system scales exponentially as one server can feed into many API servers and the those in turn feed into many clients.  

This is what the blockchain should have been in the first place. Satoshi was a visionary legalist, philosopher, and economist, not so much a great network designer or coder and Bitcoin and other 1.0 chains have been dealing with problems ever since.

Expect Catapult to have the most advanced and easiest to use APIs of any blockchain. This will make us an attractive option for 3rd parties to build on.

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September 24, 2016, 06:01:18 PM
 #26389

What's happened with Blockexplore / Rich List ? (http://blockexplore.in/search/richlist/). It's been stuck ~ 24 hours ago (last update: 2016-09-22 05:21 GMT). Normally there is 1hour period update, if I'm not fallen.

Still doesn't work. Anyone knows, what's happened?
KloNEM
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September 24, 2016, 06:12:54 PM
 #26390

Dont worry, we have been flying under the radar for quite some time. Wont be long before news snowballs.


Do you just hope, or you got some kind of evidence (about flying under radar, I mean) ? You're right with "wont be long before news snowballs", e.g. new info about Catapult development is really exciting! But see the "market reaction" - almost zero. Marketcap is still slowly decreasing and 24h volume is falling down to the ridiculously small values. Of course I understand the "HODL effect" in PoS/PoI based coins (in contrast of PoW and their daily mining activity), but still - where are the thousands of new buyers, desiring to have a new superior coin? ;-) Surely I hope (and we all hope, I guess) it's just a calm before a storm.
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September 24, 2016, 10:02:17 PM
 #26391

Dont worry, we have been flying under the radar for quite some time. Wont be long before news snowballs.


Do you just hope, or you got some kind of evidence (about flying under radar, I mean) ? You're right with "wont be long before news snowballs", e.g. new info about Catapult development is really exciting! But see the "market reaction" - almost zero. Marketcap is still slowly decreasing and 24h volume is falling down to the ridiculously small values. Of course I understand the "HODL effect" in PoS/PoI based coins (in contrast of PoW and their daily mining activity), but still - where are the thousands of new buyers, desiring to have a new superior coin? ;-) Surely I hope (and we all hope, I guess) it's just a calm before a storm.

I remember this very same discussion back during 30 sats.
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September 24, 2016, 10:20:01 PM
 #26392

Dont worry, we have been flying under the radar for quite some time. Wont be long before news snowballs.


Do you just hope, or you got some kind of evidence (about flying under radar, I mean) ? You're right with "wont be long before news snowballs", e.g. new info about Catapult development is really exciting! But see the "market reaction" - almost zero. Marketcap is still slowly decreasing and 24h volume is falling down to the ridiculously small values. Of course I understand the "HODL effect" in PoS/PoI based coins (in contrast of PoW and their daily mining activity), but still - where are the thousands of new buyers, desiring to have a new superior coin? ;-) Surely I hope (and we all hope, I guess) it's just a calm before a storm.

I remember this very same discussion back during 30 sats.

but he is right. No news - price slowly going down, great news - price is slowly going down. I guess we all have to admit that nem go to the moon only then some one decide to pump it again.
cruel cryptocoin world Sad
cryptospreader
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September 24, 2016, 10:29:43 PM
 #26393

If you follow the pattern of trading similar to bts and maidsafe you can easily make good profits with NEM. It will go below 100 sats.

nzminer
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September 24, 2016, 10:52:30 PM
 #26394

Lots of people hold, this is not a POW coin, so no pressure to sell.

Only reason people sell is when they start to panic sell, ive done so in the past and always loose out buying back at a higher price.
Best thing you can do is HODL, Im not in to day trading, yes money can be made, but very risky.
Yes i could have dumped all my NEM on launch and bought at 30 sats, and done the same with each pump cycle, but this is extremley risky (with any coin for that matter)

People need to forget about price and/or volume. Just look at the recent Monero pump and you will see what i mean.

I agree that marketing can perhaps be improved, but remember this is all volunteer work, if you want to help, please stand forward.
There is alot of marketing happening in Japan and Asia currently that we are very much unaware to half of whats going on anyway, Im sure we will hear even more news.

There is enough solid partnerships happening over there to know that NEM means serious business.

The innovation behind catapult is incredible, what other project has the ability to scale to large network transaction capability?
I would love to see Bitcoin try, this is why Bitcoin can never succeed mass adoption without a complete redesign.


Just look at the business model.

ETH does not interest me one little bit.
Do your research and you will find there are very few crypto options that stand up.

I can count less than 10 in total that will actually still be here in another 5 years.

NEM will be around forever, long live NEM  Cheesy

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
marcus_v
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September 25, 2016, 06:16:12 AM
Last edit: September 25, 2016, 06:32:45 AM by marcus_v
 #26395

it will be around but will not be worth anything. an example will be something like reddcoin. you can have lots of it but only 10 sats. I much rather have a coin that is worth something. sell it off for btc then trade for cash. of course will only consider 10 percent of my whole portfolio for cash in. the only way you should hold on to a coin is if the coin is going up and will be that way long term. to bad there was not a way for there you to trade xem or nem for btc somewhere that does not involve going through a coin market for trade. these coins also are eventually dumped by markets as untradable then it has no value. example it is at 18 btc volume so if that volume goes to less 1 btc or is it a half btc then after awhile bye bye.
vhong
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September 25, 2016, 06:19:23 AM
 #26396

it will be around but will not be worth anything.

You are very wrong NEM will be worth much more in the next couple of years.
marcus_v
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September 25, 2016, 06:33:36 AM
 #26397

i hope so but does not look that way right now
shintosai
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September 25, 2016, 06:40:51 AM
 #26398

i hope so but does not look that way right now
we will see that assessment after another month buds i still believe that nem still got something to show us we can't really tell whats the coin values
unless its stop updating or if there's no other offer coming from his dev but nem still have it we just needed to keep hold on it still progressing and still working fine.

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September 25, 2016, 06:59:12 AM
 #26399

Help me please!
I want to move my token from poloniex to my wallet to start delegate raccolt but can't find the address of my wallet.
Can anyone help me? Thanks
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September 25, 2016, 07:42:06 AM
 #26400

it will be around but will not be worth anything. an example will be something like reddcoin. you can have lots of it but only 10 sats. I much rather have a coin that is worth something. sell it off for btc then trade for cash. of course will only consider 10 percent of my whole portfolio for cash in. the only way you should hold on to a coin is if the coin is going up and will be that way long term. to bad there was not a way for there you to trade xem or nem for btc somewhere that does not involve going through a coin market for trade. these coins also are eventually dumped by markets as untradable then it has no value. example it is at 18 btc volume so if that volume goes to less 1 btc or is it a half btc then after awhile bye bye.

lol this is nowhere in the same league as reddcoin!
That was a pump in dump that was all over within months. It took us over two years before we saw the recent pump lol

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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