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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2910388 times)
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garp
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December 18, 2016, 08:40:32 AM
 #27141

Let's say that NEM muscles it's way back up to it's previous high of $115 million market cap, NEM value $0.01, and it would be at #5 marketcap.
Now let's say that NEM pushes it's way up to 3rd place, with a cap of $240 million. NEM value, $0.02.
Now NEM moves up to 2nd place, and manages a 1 Billion dollar market cap like ether had. NEM value, $0.11

It's gonna take a tremendous amount of time and new money into crypto for that to happen, because the others in the top 10 will most likely still be there.

Well, based on your questions, I looked into some market cap numbers. The total market cap of all crypto's doubled the last year, from 7 billion to 14 billion.
I couldn't hesitate to make some assumptions ... Let's assume this market cap would double again in 2017 to 28 billion.
What percentage of that inflow of new capital should be flowing into nem to get to the market caps you mentioned within the timeframe of the same year. That is not a tremendous amount of time, you would have to agree.

To get to 115 million: 0,6%
To get to 240 million: 1,5%
To get to 1 billion:      7%

Now and that's is only based on the new capital, not on the exisiting capital. So this is when the 7 billion of today's market cap would not even shift at all, and as you suggest would still be there.

Disclaimer: this is pure speculation.

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December 18, 2016, 02:53:31 PM
 #27142

i agree with garp NEM will attract a share of new money flooding into crypto/blockchaintech that is above our actual marketcap share
which will constant move us upwards in coinmarketcap ranking

 
  Diamond [DMD]     ARTIS [ATS]  
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December 18, 2016, 03:02:08 PM
 #27143

Wow I'm late to the game on this one, never heard of this one until now and wow over 1000 pages here already, I have a lot of catching up to do.

Loving that Proof of Importance concept, this is intriguing

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December 18, 2016, 05:15:39 PM
 #27144

Wow I'm late to the game on this one, never heard of this one until now and wow over 1000 pages here already, I have a lot of catching up to do.

Loving that Proof of Importance concept, this is intriguing

Glad to see you here.  Then website nem.io has a lot of information about NEM's features.  We are working hard to make it better and better too.

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December 18, 2016, 05:58:53 PM
 #27145

could someone post the link for the Slack invite - thanks  Smiley
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December 18, 2016, 07:28:26 PM
 #27146

Join ChronoBank ICO!


We accept NEM. Our NEM escrow is Jeff McDonald and Lon Wong from NEM



NO thanks!  

If the main blockchain platform was NEM, I'd consider.  

But you choose ETH, I  mean what could possibly go wrong with Ethereum ...

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December 18, 2016, 07:45:13 PM
 #27147

Join ChronoBank ICO!


We accept NEM. Our NEM escrow is Jeff McDonald and Lon Wong from NEM



NO thanks!  

If the main blockchain platform was NEM, I'd consider.  

But you choose ETH, I  mean what could possibly go wrong with Ethereum ...

They are planning to port their software to other blockchains too.

What this exactly mean is unclear.
Replicating every transaction on every blockchain? Seems quite hard...

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December 18, 2016, 09:00:55 PM
 #27148

Join ChronoBank ICO!


We accept NEM. Our NEM escrow is Jeff McDonald and Lon Wong from NEM



NO thanks!  

If the main blockchain platform was NEM, I'd consider.  

But you choose ETH, I  mean what could possibly go wrong with Ethereum ...

They are planning to port their software to other blockchains too.

What this exactly mean is unclear.
Replicating every transaction on every blockchain? Seems quite hard...

Its not the first project Ive heard of that can run on more than one blockchain.
But im sure they will see the benefits of NEM once they start using it Smiley

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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December 19, 2016, 02:27:57 AM
 #27149

Join ChronoBank ICO!


We accept NEM. Our NEM escrow is Jeff McDonald and Lon Wong from NEM



NO thanks!  

If the main blockchain platform was NEM, I'd consider.  

But you choose ETH, I  mean what could possibly go wrong with Ethereum ...

Agree. Ethereum's smart contracts are still one big experiment. "Code is Law" to now code != law.
The DAO bailout was the first. Will there be future fund reversals or blacklists? Probably.
https://pbs.twimg.com/media/ClQJccHUYAADdM7.jpg
http://i.imgsafe.org/b31d754e32.jpg
https://pbs.twimg.com/media/Cla1zU2WMAA7cH6.jpg

NEM is solid. We are chugging along, soon approaching 10^6 blocks.

2008-
2014 Bitcoin
2015 Blockchain technology
2016 Distributed ledger technology
2017 A surge of interest in platforms NEM and IOTA.

BTC is good, XEM is better. https://nem.io
Binary is good, Ternary is better. https://iota.org
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December 19, 2016, 05:26:59 AM
Last edit: December 19, 2016, 07:53:45 AM by rockethead
 #27150

Join ChronoBank ICO!


We accept NEM. Our NEM escrow is Jeff McDonald and Lon Wong from NEM



NO thanks!  

If the main blockchain platform was NEM, I'd consider.  

But you choose ETH, I  mean what could possibly go wrong with Ethereum ...

Agree. Ethereum's smart contracts are still one big experiment. "Code is Law" to now code != law.
The DAO bailout was the first. Will there be future fund reversals or blacklists? Probably.
https://pbs.twimg.com/media/ClQJccHUYAADdM7.jpg
http://i.imgsafe.org/b31d754e32.jpg
https://pbs.twimg.com/media/Cla1zU2WMAA7cH6.jpg

NEM is solid. We are chugging along, soon approaching 10^6 blocks.

2008-
2014 Bitcoin
2015 Blockchain technology
2016 Distributed ledger technology
2017 A surge of interest in platforms NEM and IOTA.

Your logic somehow seems to hold water, many a time. 😊
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December 19, 2016, 08:07:58 AM
 #27151

Source Twitter:
NEM ‏@NEMofficial 18. Dez.

Stories from the dev front:
#Catapult is running at over 3,000 tx/s  #Zaif #Blockchain #VISA #Mastercard https://goo.gl/MqlSQ2

https://pbs.twimg.com/media/Cz7PM2vUsAA5AeD.jpg:large
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December 19, 2016, 08:47:41 AM
 #27152

Source Twitter:
NEM ‏@NEMofficial 18. Dez.

Stories from the dev front:
#Catapult is running at over 3,000 tx/s  #Zaif #Blockchain #VISA #Mastercard https://goo.gl/MqlSQ2



nzminer
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December 19, 2016, 11:08:23 AM
 #27153

Wow!

This is exciting news indeed!

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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December 19, 2016, 11:17:44 AM
 #27154

NEM have something special going to the mainstream very soon. Some exciting news about to come in a while.
garp
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December 19, 2016, 12:50:54 PM
 #27155

Interesting meetup this evening: https://www.meetup.com/DigAnt-Cafe/

garp
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December 19, 2016, 01:57:45 PM
 #27156

Interesting meetup this evening: https://www.meetup.com/DigAnt-Cafe/

Agenda

• Intro en context - Tobias Verbist (Digipolis)

• Hyperledger - Thomas Marckx (Cronos)

• BigchainDB – Dimitri De Jonghe (BigchainDB)

• Ethereum – Stefaan Ponnet

• MS Bletchley en Eris – Jens Mortier (Contribute Group)

• NEM - Kristof Van de Reck

• MultiChain - Roeland Gielen & Daan Poron (Kunstmaan)

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December 19, 2016, 04:47:20 PM
 #27157

One (maybe) stupid question, why is the blocksize so big?
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December 19, 2016, 05:19:16 PM
 #27158


long time no see, I always liked your paint skillz though

nzminer
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December 19, 2016, 08:00:19 PM
 #27159

One (maybe) stupid question, why is the blocksize so big?

I dont know if its possible to compare this aspect of NEM to bitcoin but look at all the issues that Bitcoin is having with a small blocksize right now...

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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December 19, 2016, 11:34:21 PM
 #27160

Nem Catapult reached 3085 tx/s average and 4142 tx/s at maximum.

holy crap. Smiley

https://www.sakura.ad.jp/press/2016/1220_blockchain/
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