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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2858316 times)
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satb
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January 24, 2019, 12:29:46 PM
 #38281


Goes to tell you how much many of us value the general fundamentals and tech behind crypto currency. Many could have been millionaires, yet they held on. They know where the future is. Patience, strong mentals, little sacrifices and some luck is needed in this space.

I wish I agreed with your assessment. I think many people did not sell because of greed, not belief in the tech. I know that some of my bags were not sold because of it. I hope I get the chance to rectify my mistake.

Also, can no one in this group share any good resource on Nem?

I think it was a mixture of greed and belief in the tech and future long term outlook of NEM.  There was a lot of shilling/pumping in the forums, social media, telegram etc, some people thought it would go to $5, $10 etc and some people got caught in the hype (while the shillers probably quietly sold).  Some people may not have had an exit position (or did, but decided to not stick to it (which is gambling)).  Either way, it's a lesson learned, and was the right decision at the time based on the knowledge at the time, so there shouldn't be regret as no one can easily predict the top or bottom.   In the next bull run they won't make the same decisions again hopefully.

In the meantime for anyone who regrets not selling, this is a good read:

https://www.reddit.com/r/CryptoCurrency/comments/7rvkua/how_i_handle_crypto_regret/

Particularly this part:

"2. I can only compare myself to the other me who didn't get into cryptos at all. That's your baseline to compare to. There really is no other baseline. It's damaging and outright delusional to compare yourself to the "perfect you" that always bought at the exact bottom and sold at the exact top. That you does not exist. It's a damaging fantasy that always leads to you beating yourself up about not making the most optimal decision at each and every turn. Cryptos can quickly lose its fun if you think along those lines".

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January 24, 2019, 12:36:11 PM
 #38282

NEM officially joins Binance Info
 Kiss Kiss Kiss Kiss



https://medium.com/nemofficial/nem-officially-joins-binance-info-21e8f7ed4cc5

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January 24, 2019, 05:07:14 PM
 #38283


I guess you do not believe that all the cryptocurrencies have equal chances in the future.
Will you bet for or against some cryptocurrencies ?



All I can say for myself is that I use certain cryptocurrencies in order to increase the amount I have of other cryptocurrencies. The ones I play the shorting game with are very obvious scams or most likely will not make the cut because of whatever "x" reason. In that sense, I am helping other coins by reinvesting profits from one coin to another coin which I see as having a future anchored in reality.


Either way, it's a lesson learned, and was the right decision at the time based on the knowledge at the time, so there shouldn't be regret as no one can easily predict the top or bottom.   In the next bull run they won't make the same decisions again hopefully.


This is a good way of thinking, this point of view is good for mental health.
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January 25, 2019, 08:07:28 AM
 #38284

I downloaded nano wallet and is working fine. I have used this kind of wallet in past but before downloading it I had impression of downloading whole chain and syncing will make issue. That is not the case and now not only my Nem based tokens but also Nem itself can be stored and accessed from anywhere. This is great wallet and I appreciate for sharing it.

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January 25, 2019, 03:22:16 PM
 #38285

What news here about insure NEM wallet with PAL insurance product? They announced partnership with PAL Network few month ago as I know, and now PAL Launched mainnet (around few weeks ago) and few products already. When NEM will insure funds with PAL?  Roll Eyes


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January 25, 2019, 04:34:04 PM
 #38286

What news here about insure NEM wallet with PAL insurance product? They announced partnership with PAL Network few month ago as I know, and now PAL Launched mainnet (around few weeks ago) and few products already. When NEM will insure funds with PAL?  Roll Eyes

This is most likely on a per user basis, whoever wants to insure their crypto can go ahead and use PAL. It's like buying insurance for your car, not everyone will do it but it is recommended.
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January 26, 2019, 04:17:42 PM
 #38287

What news here about insure NEM wallet with PAL insurance product? They announced partnership with PAL Network few month ago as I know, and now PAL Launched mainnet (around few weeks ago) and few products already. When NEM will insure funds with PAL?  Roll Eyes

This is most likely on a per user basis, whoever wants to insure their crypto can go ahead and use PAL. It's like buying insurance for your car, not everyone will do it but it is recommended.

For sure this will be for whoever wants only. But as I understand NEM will have this offer in their wallet as well or PAL Network will have this product in their wallet app?  Huh

This is news about their collaboration:

https://twitter.com/NEMofficial/status/1070535805934944256


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January 28, 2019, 03:38:23 AM
 #38288


b-l- Smiley -c-k-s- Smiley - Smiley - Smiley

BTC is good, XEM is better. https://nem.io
Binary is good, Ternary is better. https://iota.org
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January 28, 2019, 06:27:51 AM
 #38289

...
Yes, many have enjoyed the current status of fiat by cashing out from crypto. But the future is not in paper money, it's in unique digital identifiers that cannot be replicated unless there is an agreeing consensus in the blockchain used.

Also don't forget in a future world with 5G connectivity, blockchain technology is very much needed for 5G to work as intended.

Don't get desperate, just let time decide if cryptocurrencies and blockchain will have a future.

We can do small things to help the progress or the "hype" / trend. We are the time Wink

I guess you do not believe that all the cryptocurrencies have equal chances in the future.
Will you bet for or against some cryptocurrencies ?



Exactly, every project will not succeed through the hype but through active development will help the project to increase its standard level. As you can see, now there is a lot of competition for the blockchain projects which each of those companies are very serious about their developments.

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January 29, 2019, 02:27:11 AM
 #38290


b-l- Smiley -c-k-s- Smiley - Smiley - Smiley

Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

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January 29, 2019, 09:21:28 AM
 #38291


Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

I'm not sure, if this is correct comparing - a/ NEM has 10 times faster block generation, b/ utilization of BTC blockchain is much, much higher than by NEM. Hopefully this will be change sometime in the future, but now it looks really bad (and we're constantly falling, now at #18 position on CMC).
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January 29, 2019, 11:51:39 AM
 #38292


Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

I'm not sure, if this is correct comparing - a/ NEM has 10 times faster block generation, b/ utilization of BTC blockchain is much, much higher than by NEM. Hopefully this will be change sometime in the future, but now it looks really bad (and we're constantly falling, now at #18 position on CMC).

Prices go up and down all over the place, NEM stays almost the same. Interesting actions I would say.
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January 29, 2019, 12:19:18 PM
 #38293

Short to medium term there will be drops in this bear market.  This bear market can't go on forever, just like the bull market couldn't go on forever.  Two sides of the same coin.

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January 29, 2019, 12:50:12 PM
 #38294

Short to medium term there will be drops in this bear market.  This bear market can't go on forever, just like the bull market couldn't go on forever.  Two sides of the same coin.

It can go almost forever, as we´ve witnessed with many coins that have gone totally bust. It seems that NEM does not belong in the top 20 or even top 50 anymore. I might buy when the price is back to 200-600 sat, now it´s way overpriced.
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January 29, 2019, 02:50:40 PM
 #38295


Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

I'm not sure, if this is correct comparing - a/ NEM has 10 times faster block generation, b/ utilization of BTC blockchain is much, much higher than by NEM. Hopefully this will be change sometime in the future, but now it looks really bad (and we're constantly falling, now at #18 position on CMC).

Prices go up and down all over the place, NEM stays almost the same. Interesting actions I would say.

Sorry, this is simply not true. Year ago, 1 NEM was at 12000 sat, now it's about 1300 satoshis. As BTC is 4-5x lower than before a year, it means ~ 40x decrease. And as we were on #4-#5 position year ago, now we're at #18 and constantly falling further. Maybe it's (the position on CMC) just means that here are more projects now, that are more interesting / overhyped / whatever ... despite of this or that, it's sad at all.
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January 29, 2019, 05:22:16 PM
 #38296

xem long dead project, he its won back, whom need to-money received. they make promises, they don't do anything. ridiculous meetups, unnecessary partnerships. drain the slag, there is a more promising coins
gentlemand
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January 29, 2019, 05:35:40 PM
 #38297

Sorry, this is simply not true. Year ago, 1 NEM was at 12000 sat, now it's about 1300 satoshis. As BTC is 4-5x lower than before a year, it means ~ 40x decrease. And as we were on #4-#5 position year ago, now we're at #18 and constantly falling further. Maybe it's (the position on CMC) just means that here are more projects now, that are more interesting / overhyped / whatever ... despite of this or that, it's sad at all.

The falls in dollar valuation are extremely similar to most other alts give or take less than 5%.

The fall in CMC position is down to sexier projects with more hype.

Being non mineable and closed source turned off the two most active audiences from the start. If you remove the fake volume exchanges the volume is several hundred times lower than some other coins.

I think they have a limited window of opportunity to pull it back. It has a lot of virtues. There are going to be more projects with more visibility with more of those too.

lemonandfriesonetwo
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January 29, 2019, 05:37:17 PM
 #38298


Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

I'm not sure, if this is correct comparing - a/ NEM has 10 times faster block generation, b/ utilization of BTC blockchain is much, much higher than by NEM. Hopefully this will be change sometime in the future, but now it looks really bad (and we're constantly falling, now at #18 position on CMC).

Prices go up and down all over the place, NEM stays almost the same. Interesting actions I would say.

Sorry, this is simply not true. Year ago, 1 NEM was at 12000 sat, now it's about 1300 satoshis. As BTC is 4-5x lower than before a year, it means ~ 40x decrease. And as we were on #4-#5 position year ago, now we're at #18 and constantly falling further. Maybe it's (the position on CMC) just means that here are more projects now, that are more interesting / overhyped / whatever ... despite of this or that, it's sad at all.

You haven't kept an eye on the USD price apparently. Again, it's almost the same.

Spread all the FUD you want and waste your energy. You know what you are trying to do with your propaganda  Cool
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January 29, 2019, 07:05:04 PM
 #38299


Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

I'm not sure, if this is correct comparing - a/ NEM has 10 times faster block generation, b/ utilization of BTC blockchain is much, much higher than by NEM. Hopefully this will be change sometime in the future, but now it looks really bad (and we're constantly falling, now at #18 position on CMC).

Prices go up and down all over the place, NEM stays almost the same. Interesting actions I would say.

Sorry, this is simply not true. Year ago, 1 NEM was at 12000 sat, now it's about 1300 satoshis. As BTC is 4-5x lower than before a year, it means ~ 40x decrease. And as we were on #4-#5 position year ago, now we're at #18 and constantly falling further. Maybe it's (the position on CMC) just means that here are more projects now, that are more interesting / overhyped / whatever ... despite of this or that, it's sad at all.

You haven't kept an eye on the USD price apparently. Again, it's almost the same.

Spread all the FUD you want and waste your energy. You know what you are trying to do with your propaganda  Cool

Don't get me wrong, Lemon, I was, I am and I will full NEMster. I'm just unhappy with current situation (and I remember very well, very similar patterns with NXT in the past) ... that's all.
lemonandfriesonetwo
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January 29, 2019, 09:09:19 PM
 #38300


Don't get me wrong, Lemon, I was, I am and I will full NEMster. I'm just unhappy with current situation (and I remember very well, very similar patterns with NXT in the past) ... that's all.

I can't say I'm too happy either, but I have been slowly accumulating more NEM from other mined coins. In my case, it is good and bad that NEM is this low. I would love NEM to go higher, but at the same time I need to recoup what I have cashed out. Even if it's 10% of it.

You have to find the silver lining somewhere and don't let negativity over take your mind. You might cash out before time and end up with bigger regrets. I have seen someone do this to themselves a while ago.
I realize it's not the best of situations, but development keeps going and NEM hasn't died off at all. So why not take advantage of the situation and do something useful with the information we have at the current time/position.
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