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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2922243 times)
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pavaya66
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May 16, 2017, 08:08:26 PM
 #30121

Invested 2K USD For better future
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1579428505
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Reply with quote  #2

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Dr Charles
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May 16, 2017, 08:15:08 PM
 #30122

Invested 2K USD For better future


Ayyy there ya go haha got to start somewhere.

Thegodzilla
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May 16, 2017, 09:23:29 PM
 #30123

7k by tomorrow!
pfrtlpfmpf
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May 16, 2017, 09:28:34 PM
 #30124

So for those of you who are really experienced buying/selling/trading, I'm using Litecoin as an example, but can anyone tell me if this is correct?



Lets say I bought 10,000 litecoins 5 years ago. I sat on those coins for a few years and decide I want to cash them out today, all $240,000 usd worth.
I make an account at an exchange, say poloniex. They welcome my 10,000 LTC deposit with open arms, and I promptly exchange them for bitcoins.

Now I have $240,000 worth of BTC, roughly 137 of them. I want to transfer to coinbase so I can convert to usd. Now what?
poloniex has a withdraw limit of $2,000 usd per day though.
So I'm stuck doing $2000 btc withdraws to coinbase for the next 120 days?
Ok say I verify now it's 10k per day. Now it'll only take me 24 days of withdrawls at 10k. All the while the price is fluctuating like mad.
is this correct?
or can I transfer the entire 137 btc amount at once from polo to my coinbase btc wallet?

So it finally gets to coinbase. Now I have to verify some more and say I'm at 25k per withdrawl.
I still have to wait another 10 days of 25k withdrawls to get my money out of coinbase.

Is this really how it works? Nobody lets you withdraw your money at once or in large chunks?

Yeah even Coinbase has a daily USD withdrawal limit. Withdrawal limits will be a major bottleneck when cashing out so getting them raised to the highest amount possible is a first step if you want to cash out. Poloniex allows $25k/day at level 3 but will allow higher limits upon request. Coinbase has up to 1mill/day options.

FYI, you can sell LTC for USD at Coinbase now via their GDAX exchange.

Kraken Tier 4 has 100k $ /day withdraw


Wow, what do i have to supply for Tier 4 there ?

kocodile
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May 16, 2017, 09:30:29 PM
Last edit: May 16, 2017, 10:22:51 PM by kocodile
 #30125

Invested 2K USD For better future
ok ok
1 btc -->15k xem time to harvest
i was waiting to dip for weeks now

the banks who chose ripple are stupids
it is like they didn't understand why decentralized network is a lot more secure than a centralized one
all the crypto speculators who are into ripple are just bank followers a brainless sheeps

banks can make a lot of bad decision if you think banks is a sort of super being  you are mistaken
i will be laughing very hard  at the day a 16y boy cripple the central node lol

  well let see how long ripple  central node will stand before someone take it down
when it will happen, and (it will happen remember my words) the banks will realise they made a stupid choice .
too late hhaha




pfrtlpfmpf
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May 16, 2017, 09:43:50 PM
 #30126


I always say to my wife: Look, i could have a worse hobby, like going to prostitutes. I think, she`s happy, even though she`s mad at me at the moment.  Smiley

n3lz0n
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Go XEM Go XEM!!!


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May 16, 2017, 09:53:26 PM
 #30127

Avalon Life Puts Land Ownership on Blockchain, Launches GREEN EARTH ZERO Service with NEM Technology



Bitcoin Press Release: Avalon Life announces Green Earth Zero tokens, makes buying less than one square meter of land possible in Costa Rica.
May 15, 2017, San Jose, Costa Rica – Avalon Life, a cryptocurrency mining company has announced the launch of an innovative GREEN EARTH ZERO service, backed by the namesake Green Earth Zero token. Created using the NEM blockchain technology, GREEN EARTH ZERO service enables participants to own land by the square meter in Costa Rica.
Avalon Life has incorporated a simple, easy to use three step process for the users to sign up and buy Green Earth Zero tokens directly on the blockchain platform in a quick and secure way. Avalon Life has developed a customized blockchain wallet based on NEM technology to release this service.

Source: http://bitcoinprbuzz.com/press-release-avalon-life/

To the Moon XEM !!!!!!!!!!!
kashish948
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May 16, 2017, 09:58:20 PM
 #30128

Avalon Life Puts Land Ownership on Blockchain, Launches GREEN EARTH ZERO Service with NEM Technology



Bitcoin Press Release: Avalon Life announces Green Earth Zero tokens, makes buying less than one square meter of land possible in Costa Rica.
May 15, 2017, San Jose, Costa Rica – Avalon Life, a cryptocurrency mining company has announced the launch of an innovative GREEN EARTH ZERO service, backed by the namesake Green Earth Zero token. Created using the NEM blockchain technology, GREEN EARTH ZERO service enables participants to own land by the square meter in Costa Rica.
Avalon Life has incorporated a simple, easy to use three step process for the users to sign up and buy Green Earth Zero tokens directly on the blockchain platform in a quick and secure way. Avalon Life has developed a customized blockchain wallet based on NEM technology to release this service.

Source: http://bitcoinprbuzz.com/press-release-avalon-life/


no price spike with this "news".... Sad
other coins get a good bump on any news   Undecided
kocodile
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May 16, 2017, 10:20:10 PM
Last edit: May 16, 2017, 11:14:14 PM by kocodile
 #30129

Avalon Life Puts Land Ownership on Blockchain, Launches GREEN EARTH ZERO Service with NEM Technology



Bitcoin Press Release: Avalon Life announces Green Earth Zero tokens, makes buying less than one square meter of land possible in Costa Rica.
May 15, 2017, San Jose, Costa Rica – Avalon Life, a cryptocurrency mining company has announced the launch of an innovative GREEN EARTH ZERO service, backed by the namesake Green Earth Zero token. Created using the NEM blockchain technology, GREEN EARTH ZERO service enables participants to own land by the square meter in Costa Rica.
Avalon Life has incorporated a simple, easy to use three step process for the users to sign up and buy Green Earth Zero tokens directly on the blockchain platform in a quick and secure way. Avalon Life has developed a customized blockchain wallet based on NEM technology to release this service.

Source: http://bitcoinprbuzz.com/press-release-avalon-life/


no price spike with this "news".... Sad
other coins get a good bump on any news   Undecided
i don't want the price to spike  lets nem takes a good sleep it was a long bull journey
nem doesn't need news at the moment imo
nem needs silence a rest and meditation .

nem is resilient doesn't need news to survive
even it falls to 5000 sat it is good.
nem can  come back with a great heat  in few days

remember nem at 1 billion market cap without a decent marketing without hype without hardware wallet without catapult without a professional website without ...a lot of things
a lot to come

i tested almost all wallets out there nothing come even close to nem wallet
nxt/ardor  is  great but very slow + the distribution was a big scam
 
ripple? hahaha who is using ripple wallet anyway  2 buttons send and receive lol  that's it.
 what a shame
Ripple is the biggest bubble known in the crypto history  a pure speculation driven by some stupid decisions made by some stupid banks followed by so many stupid sheeps
+ ripple has a well known scam history  google mtgox ripple scam
https://www.youtube.com/watch?v=mQKxSVLLfAk
suky321
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May 16, 2017, 11:05:02 PM
 #30130

So for those of you who are really experienced buying/selling/trading, I'm using Litecoin as an example, but can anyone tell me if this is correct?



Lets say I bought 10,000 litecoins 5 years ago. I sat on those coins for a few years and decide I want to cash them out today, all $240,000 usd worth.
I make an account at an exchange, say poloniex. They welcome my 10,000 LTC deposit with open arms, and I promptly exchange them for bitcoins.

Now I have $240,000 worth of BTC, roughly 137 of them. I want to transfer to coinbase so I can convert to usd. Now what?
poloniex has a withdraw limit of $2,000 usd per day though.
So I'm stuck doing $2000 btc withdraws to coinbase for the next 120 days?
Ok say I verify now it's 10k per day. Now it'll only take me 24 days of withdrawls at 10k. All the while the price is fluctuating like mad.
is this correct?
or can I transfer the entire 137 btc amount at once from polo to my coinbase btc wallet?

So it finally gets to coinbase. Now I have to verify some more and say I'm at 25k per withdrawl.
I still have to wait another 10 days of 25k withdrawls to get my money out of coinbase.

Is this really how it works? Nobody lets you withdraw your money at once or in large chunks?

That's how it works on poloniex.  Even with verification, it took them 2 - 3 weeks to verify me for 25K limit, and that was only after I bugged them on the troll box it eventually went through, I think there is a higher verification for more than 25K which requires more ID.  Unless you can find a site that converts LTC directly to your fiat currency?
nzminer
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May 16, 2017, 11:11:59 PM
 #30131

Invested 2K USD For better future
ok ok
1 btc -->15k xem time to harvest
i was waiting to dip for weeks now

the banks who chose ripple are stupids
it is like they didn't understand why decentralized network is a lot more secure than a centralized one
all the crypto speculators who are into ripple are just bank followers a brainless sheeps

banks can make a lot of bad decision if you think banks is a sort of super being  you are mistaken
i will be laughing very hard  at the day a 16y boy cripple the central node lol

  well let see how long ripple  central node will stand before someone take it down
when it will happen, and (it will happen remember my words) the banks will realise they made a stupid choice .
too late hhaha

I see this coming too.




NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
adhitthana
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May 16, 2017, 11:15:12 PM
 #30132

Does NEM have reversible transactions?  If so is there an explanation of how it works?

I just thought of this after seeing the recent ransomware attacks. Would NEM be able to deal with that?
gentlemand
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May 16, 2017, 11:17:12 PM
 #30133

Does NEM have reversible transactions?  If so is there an explanation of how it works?

I just thought of this after seeing the recent ransomware attacks. Would NEM be able to deal with that?

I certainly hope not.

The private chains do I believe.

adhitthana
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May 16, 2017, 11:24:08 PM
 #30134

Does NEM have reversible transactions?  If so is there an explanation of how it works?

I just thought of this after seeing the recent ransomware attacks. Would NEM be able to deal with that?

I certainly hope not.

The private chains do I believe.
Ok..yeah I probably got confused with the private chains
suky321
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May 16, 2017, 11:24:41 PM
 #30135

with all the focus on XRP and STR (XLM), NEM will miss the train or not ?

If a lot of companies choose xrp and str as blockchain, others will also choose this 2 blockchain instead of nem right ?

I think we need a big news to launch nem to the new ATH

I think we need to add more information on nem.io related to how NEM can be used for banking.  Look at ripple.com and stellar.org website how they're promoting.

This is the first thing you see when you open their websites:

Stellar - Stellar is a platform that connects banks, payments systems, and people.
Ripple - Join the Global Settlement Network Instant, certain, low-cost international payments

This is the similar kind of information that NEM needs to market when people first visit the website.
lesterdesa
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IAM FOR REAL not you


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May 16, 2017, 11:29:11 PM
 #30136

So for those of you who are really experienced buying/selling/trading, I'm using Litecoin as an example, but can anyone tell me if this is correct?



Lets say I bought 10,000 litecoins 5 years ago. I sat on those coins for a few years and decide I want to cash them out today, all $240,000 usd worth.
I make an account at an exchange, say poloniex. They welcome my 10,000 LTC deposit with open arms, and I promptly exchange them for bitcoins.

Now I have $240,000 worth of BTC, roughly 137 of them. I want to transfer to coinbase so I can convert to usd. Now what?
poloniex has a withdraw limit of $2,000 usd per day though.
So I'm stuck doing $2000 btc withdraws to coinbase for the next 120 days?
Ok say I verify now it's 10k per day. Now it'll only take me 24 days of withdrawls at 10k. All the while the price is fluctuating like mad.
is this correct?
or can I transfer the entire 137 btc amount at once from polo to my coinbase btc wallet?

So it finally gets to coinbase. Now I have to verify some more and say I'm at 25k per withdrawl.
I still have to wait another 10 days of 25k withdrawls to get my money out of coinbase.

Is this really how it works? Nobody lets you withdraw your money at once or in large chunks?


That's how it works on poloniex.  Even with verification, it took them 2 - 3 weeks to verify me for 25K limit, and that was only after I bugged them on the troll box it eventually went through, I think there is a higher verification for more than 25K which requires more ID.  Unless you can find a site that converts LTC directly to your fiat currency?



It took me 2 week to get verified after constant reminders in the trollbox .

DARK AS HELL --  XxmMBeX4BgAeHFfw3UXGwekH6b9hCL3FK
adhitthana
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May 17, 2017, 12:11:57 AM
 #30137

with all the focus on XRP and STR (XLM), NEM will miss the train or not ?

If a lot of companies choose xrp and str as blockchain, others will also choose this 2 blockchain instead of nem right ?

I think we need a big news to launch nem to the new ATH

I think we need to add more information on nem.io related to how NEM can be used for banking.
How can NEM be used for banking?
suky321
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May 17, 2017, 12:20:08 AM
 #30138

with all the focus on XRP and STR (XLM), NEM will miss the train or not ?

If a lot of companies choose xrp and str as blockchain, others will also choose this 2 blockchain instead of nem right ?

I think we need a big news to launch nem to the new ATH

I think we need to add more information on nem.io related to how NEM can be used for banking.
How can NEM be used for banking?

Private blockchain - www.dragonflyfintech.com
suky321
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May 17, 2017, 12:32:02 AM
 #30139

Does NEM have reversible transactions?  If so is there an explanation of how it works?

I just thought of this after seeing the recent ransomware attacks. Would NEM be able to deal with that?

On NEM's private blockchain transactions can be reversed:

From Page 9 of the DragonFly Fintech whitepaper:

"Similarly, with regards to reversing a transaction, the transaction can
be reversed by making a special transaction to send the amount back
to the originator or to a specified account. This can be done through
the use of a specially designed master key system in the bank to
create a reversion of a transaction".

http://www.dragonflyfintech.com/static/DF_Paper.pdf
dissident
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May 17, 2017, 12:44:33 AM
 #30140

Avalon Life Puts Land Ownership on Blockchain, Launches GREEN EARTH ZERO Service with NEM Technology



Bitcoin Press Release: Avalon Life announces Green Earth Zero tokens, makes buying less than one square meter of land possible in Costa Rica.
May 15, 2017, San Jose, Costa Rica – Avalon Life, a cryptocurrency mining company has announced the launch of an innovative GREEN EARTH ZERO service, backed by the namesake Green Earth Zero token. Created using the NEM blockchain technology, GREEN EARTH ZERO service enables participants to own land by the square meter in Costa Rica.
Avalon Life has incorporated a simple, easy to use three step process for the users to sign up and buy Green Earth Zero tokens directly on the blockchain platform in a quick and secure way. Avalon Life has developed a customized blockchain wallet based on NEM technology to release this service.

Source: http://bitcoinprbuzz.com/press-release-avalon-life/


no price spike with this "news".... Sad
other coins get a good bump on any news   Undecided

There's still some stakes out there that need to sell into the system.. some guy on the nem forums was trying to transfer 3 million XEM to poloniex. Long term no worries. Short term there may be some supply to absorb.  I myself have sold 20% of my stake over the last week.   It's just smart investing to take some off the table.  All those supernodes contain 3 million XEM.  They need to reduce supernode requirements down to about 100,000 XEM and transaction fees down to .1XEM. Hopefully they is something they address.  I'd like to run a supernode and will keep 100,000+ XEM for that no problem.

All the Alts except Ripple are selling a bit.
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