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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2914836 times)
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fragout
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January 26, 2018, 09:39:27 AM
 #35321

Nice healthy correction on polo in the last thirdy minutes,11 percent drop. Should I get in now or will it go few more sats lower? Fuck me,I"m gettin in on this dip.

Looking not good

https://twitter.com/Coin_and_Peace/status/956800783936204800

There always seems to be a hack that pops up at the worst possible time. Is this the cause of the btc drop too ? $600 million is headline news unfortunately if it is true
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KloNEM
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January 26, 2018, 09:41:03 AM
 #35322

Nice healthy correction on polo in the last thirdy minutes,11 percent drop. Should I get in now or will it go few more sats lower? Fuck me,I"m gettin in on this dip.

Looking not good

https://twitter.com/Coin_and_Peace/status/956800783936204800

I read this article before a short while :

https://cointelegraph.com/news/japan-coincheck-exchange-freezes-all-withdrawals-as-up-to-723-mln-leaves-its-wallet

It does make a sense together with the "hack info". And yeah, this is really not good (at least for further volume and prices of NEM), even if that hack (if it was a hack) is very probably exchange mistake, not some NEM serious design flaw...
Thylemo
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January 26, 2018, 09:53:23 AM
 #35323

So because of a Ripple Movement out of their Wallet they disable NEM Withdrawl?

Can someone explain the relation between Ripple and NEM in this case?  Huh Cheesy

Edit: Ok, is should read till the end. 600mil worth of Nem.  Cheesy
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January 26, 2018, 09:56:57 AM
 #35324

Japanese exchanges of coincheck are stolen by 64 billion yen on 16 jan 2018.
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January 26, 2018, 09:58:03 AM
 #35325

Japanese cryptocurrency exchange Coincheck has suspended all withdrawals as a Ripple payment worth $123mln left its wallet Friday, Jan. 26.

In what appears to be a problem tied to its support of altcoin NEM, Coincheck, which is among Japan’s largest exchanges, suddenly froze NEM deposits Friday.

Makes it sound like NEM code is tied to the hack which will make other exchanges nervous im sure.
Not good
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January 26, 2018, 11:21:29 AM
 #35326

Coinchecks wallet balance doesn't seem to reflect that they've lost 600 million.  This is just a rumor, until proven otherwise.

https://nemnodes.org/richlist/ 

Coincheck is at number 4.
LiteMag
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January 26, 2018, 11:30:06 AM
 #35327

Coinchecks wallet balance doesn't seem to reflect that they've lost 600 million.  This is just a rumor, until proven otherwise.

https://nemnodes.org/richlist/ 

Coincheck is at number 4.

Vested Balance of this Adress is 0.7. Rich List is not up to date
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January 26, 2018, 11:43:40 AM
 #35328

Coinchecks wallet balance doesn't seem to reflect that they've lost 600 million.  This is just a rumor, until proven otherwise.

https://nemnodes.org/richlist/ 

Coincheck is at number 4.

http://explorer.ournem.com/#/s_account?account=NC3BI3DNMR2PGEOOMP2NKXQGSAKMS7GYRKVA5CSZ

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January 26, 2018, 11:43:50 AM
 #35329

Coinchecks wallet balance doesn't seem to reflect that they've lost 600 million.  This is just a rumor, until proven otherwise.

https://nemnodes.org/richlist/ 

Coincheck is at number 4.

Obviously if this is fake then NBD. But if it is somehing to do with NEMs code we are doomed. Any idea how that could work?
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January 26, 2018, 11:56:47 AM
 #35330

"As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures,"

Lon Wong, President of the NEM.io Foundation

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January 26, 2018, 12:20:51 PM
 #35331

With all those "they're hacked but it's not 100%" I sometimes feel like back in the Middle Age when you could not be absolutely 100% sure what was going in the region next your, just rumours, legends, and scary tales...

https://yobit.io/?bonus=szkTB       |   https://qoinpro.com/98d78504a0f3e7681360beb701a622fa
Join YOBIT, freebies, shit and fun   |   Freecoins DAILY
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January 26, 2018, 12:21:17 PM
 #35332

We really like NEM and its community, for a long time we followed the project very closely, some time ago we even did an interview with Lon Wong. We are aware of the importance of disseminating this project to a larger public, so if someone wants to talk about Nem in Crypto-economy, they will be welcome. You can contact by sending me a PM.

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January 26, 2018, 12:43:11 PM
 #35333

https://twitter.com/PaulRieger/status/956860613254410240

The stolen XEM can't be transferred?
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January 26, 2018, 01:08:09 PM
 #35334

"As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures,"

Lon Wong, President of the NEM.io Foundation

Doesn’t really matter what the truth is, the crypto world is stupid and will read this as flaws with NEM’s product.

Depressing, going to take a long time to recover from this.
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January 26, 2018, 01:11:56 PM
 #35335

NEM has held on to the $0.86 levels for the past few days, but the bulls are unable to push prices above the down trendline.
This is likely to lead to another attempt to break down of $0.86 within a couple of days.
If the bears succeed, a fall to the Jan. 16 lows of $0.55134 is likely. The 20-day EMA has turned down and is likely to complete a bearish crossover if the support breaks.
We don’t find any bullish setups on the XEM/$$$ pair with price trading below the trendline and both the moving averages.
A change in trend will be signaled once it rallies above $1.21.

You never know what the market brings, but in the long run nem never disappoints  Wink
I hope NEM will be not disappoint in future.
Because of Weiss Ratings,
B Grade : ETH and EOS.
B- Grade : ADA, NEO and Steem.
C+ Grade : ARK, BTC, BTS, GBYTE, DASH, DCR, IOC, LTC & NEM.

Weiss gives NEM a C+ (meaning “fair”)

C Grade : AEON, ASCH , BLK, BLOCK, BURST, BCN, XCP, DOGE, ETC, KMD, LSK, MNR, NAV, NBL, NXS, NXT, PPC, PIVX, QTUM, XRB and XRP.
C- Grade : BCH, CLOAK, DGB, XDN, ETN, FTC, NMC, RDD, SKY, UBQ, VIA, XWC and ZEN.
D+ Grade : AUR, BTG, EMC2, GAME, NLG, MEC, ETP and PURA.
D Grade : EXP, GUP, NVC, POT, QUARK, RISE and SALUS.
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January 26, 2018, 01:18:51 PM
 #35336

second time i hear from weiss ratings .. where do you find information about weiss
my first impression was 4  from a 1 to 10   ( valuable information )

http://bit.ly/bittmex
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January 26, 2018, 01:22:20 PM
 #35337

second time i hear from weiss ratings .. where do you find information about weiss
my first impression was 4  from a 1 to 10   ( valuable information )

https://www.docdroid.net/y8xcErJ/weiss-cryptocurrency-ratings.pdf

"There's religious fervor around all of them — some people seem to think these are the crusades and this is a holy war being fought."
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January 26, 2018, 01:25:38 PM
 #35338

C means hold and B means buy in weiss rating. C doesnt mean its useless or bad tech.
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January 26, 2018, 01:32:57 PM
 #35339

"As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures,"

Lon Wong, President of the NEM.io Foundation

Doesn’t really matter what the truth is, the crypto world is stupid and will read this as flaws with NEM’s product.

Depressing, going to take a long time to recover from this.

Hacker accounts will be blacklisted by exchanges, his XEM will be useless.

Consider those XEM as burned; the remaining, in the log run, will gain from this hack.

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January 26, 2018, 01:45:41 PM
 #35340

"As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures,"

Lon Wong, President of the NEM.io Foundation

Doesn’t really matter what the truth is, the crypto world is stupid and will read this as flaws with NEM’s product.

Depressing, going to take a long time to recover from this.

Hacker accounts will be blacklisted by exchanges, his XEM will be useless.

Consider those XEM as burned; the remaining, in the log run, will gain from this hack.


What about decentralized exchanges?
I agree it`s good time to buy XEM

"There's religious fervor around all of them — some people seem to think these are the crusades and this is a holy war being fought."
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