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teletobi
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April 21, 2016, 08:29:58 PM |
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i regret that i sold my nem  Yeah, so do I. In fact, I was lining myself up to run a Supernode but I wandered.  I hope to come back someday, ideally after making enough of a profit to buy back the ~3.1 million I had. Good Luck! I´m Happy with the untouched Stakes of me and my Wife! |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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nzminer
Legendary
 Offline
Activity: 1918
Merit: 1001
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April 21, 2016, 09:51:56 PM |
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How will NEM profit from Mijin and Dragonfly?
Right now these two companies are promoting their 'own' version of NEM.
But who is going to market NEM to companies so they can use it?
What is the long term planning/mission of NEM? Why should a company choose NEM when they can choose a private ledger like Mijin or Dragonfly?
Real shame this was not answered. Probably THE question that decides NEMs path, and its followed by countless posts about price. I believe that dragonfly pay is basically a fiat gateway that uses NEM as a means of funds transfer, so will be some serious competition to the likes of paypal. When dragonfly pay takes off, so will NEM So I think I get the Mijin-NEM link.
NEM is like bitcoin to Mijin, Mijin is like an alt-coin that depends on the NEM blockchain, correct??
Mijin is a private fork of NEM, kind of the way a lot of altcoins are to bitcoin, but unlike many scam coins, it has a real purpose in the business world as it has been optimized to run on private networks. A Mijin chain and the NEM main chain don't interact in the same way Litecoin and Bitcoin don't interact. But unlike Litecoin and Bitcoin, both NEM and Mijin share the same awesome set of APIs. So DF running a Mijin chain is now introducing NEM technology to a software platform that services over 5,000 companies, some of them are Sony, Panasonic, and Mitsubishi among others. Does this mean that Sony will be making transactions on NEM? Not at all. Does it mean that they will even use Mijin as a part of their software suite? No, they might not even chose to turn that part of their software on. There are 0 promises here. But, what it does mean is that it is possible they might someday use Mijin as in theory that service can very well be offered to them in the future as a blockchain service built into their software. And once they are doing that and they have started using the Mijin APIs for some private services on Mijin, they are a very small step away from pointing those same APIs at the NEM main chain for different services. That choice will be completely up to them though and if they do, it won't be happening this spring or summer I guess. From a business point of view, for private companies wouldn't this mean reduced overhead? Now they wouldn't have to pay payment processors such as visa a fee for their services, instead they use their own private chain at a reduced price. I'm not sure if I'm assuming correctly. This is possible down the road, but initially financial transactions would likely be between Mijin users (i.e. transactions across companies, or within companies [between departments etc -- finance stuff]), but the potential far exceeds financial transfers. Blockchains are public ledgers, so can be leveraged for all kinds of things.. Imagine IT wants to keep track of where all of it's computers are located (building / floor / cubicle); a blockchain could be used to track these assets and their movement, with the benefit of a rock solid audit trail. Just a tiny example of a non-finance use, there are heaps more. A few cool things about Mijin mirroring Nem: 1. Mijin's success lends a LOT of credibility to NEM 2. It's very unlikely that business would readily adopt a public blockchain like Bitcoin - they're more likely to create their own alt and run it privately. This approach makes it much easier and more agreeable for businesses to adopt blockchain. 3. As mentioned above - Mijin and NEM use the same APIs -- so an open source blockchain explorer or mobile app madefor NEM could be used by businesses on Mijin and vice-versa.. This could be really cool if it picks up -- I can imagine a number of gits popping up as businesses and outside developers explore what they can do with the blockchain, which could be built upon by both Mijin or Nem community members. A mutually beneficial development framework. I dont think Mijin has anything to do with Dragonfly pay, they are two separate entities. Dragonfly pay was announced a month or two before we even heard about Mijin. |
NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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yshin365new
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April 21, 2016, 11:31:29 PM
Last edit: April 22, 2016, 08:46:36 AM by yshin365new |
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NEM priced up about 10 times for last 6 months.
It's great!
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jelin1984
Legendary
Offline
Activity: 2408
Merit: 1004
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April 22, 2016, 07:58:58 AM |
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Xem is not 10 times up is still cheap
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evergrow
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April 22, 2016, 08:32:42 AM |
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Noticed NEM in the top 10 the other day. On its way to top 5.  |
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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April 22, 2016, 10:31:04 AM |
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Hey guys, I cover XEMBTC pair in my slack team too!  Price is now at support, closing 1d at 330 and below is bad, 375+ moon!  |
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Fatih87SK
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April 22, 2016, 10:45:52 AM |
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Hey guys, I cover XEMBTC pair in my slack team too! Price is now at support, closing 1d at 330 and below is bad, 375+ moon! Hi klee! Long time no see. Last time I saw you was at the NXT topic at Bitcointalk =) |
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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April 22, 2016, 10:53:05 AM |
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Hi klee!
Long time no see. Last time I saw you was at the NXT topic at Bitcointalk =)
Hey Fatih! I am not very active in here in general (lack of time), I mainly post in my thread: https://bitcointalk.org/index.php?topic=1064374.0Are you a IOTA/WAVES/Lisk early adopter too? |
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usbitcodav
Newbie
Offline
Activity: 4
Merit: 0
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April 22, 2016, 11:01:02 AM |
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Hello. I need help please...
I am new in NEM and I bought some XEM using Poloniex, my plan is to maintain the XEM in Poloniex for long time (years) until the price can go up, my question is the next, is Poloniex a safe place to maintain my XEM for some years? or is there any other safer exchange where maintain my XEM safe for long time? any suggestion and help will be very wellcomed!
Thanks
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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April 22, 2016, 11:04:02 AM |
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No exchange is safe. If your time frame is years then that's an even worse idea. I've never left any type of crypto on an exchange for more than five minutes. Get your own wallet.
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Fatih87SK
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April 22, 2016, 11:16:19 AM |
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Hi klee!
Long time no see. Last time I saw you was at the NXT topic at Bitcointalk =)
Hey Fatih! I am not very active in here in general (lack of time), I mainly post in my thread: https://bitcointalk.org/index.php?topic=1064374.0Are you a IOTA/WAVES/Lisk early adopter too? No, but I'm an early adopter of Jinn and I hope IOTA and Jinn can do some magic together. |
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kcanup
Legendary
Offline
Activity: 1484
Merit: 1000
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April 22, 2016, 12:24:47 PM |
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Hello. I need help please...
I am new in NEM and I bought some XEM using Poloniex, my plan is to maintain the XEM in Poloniex for long time (years) until the price can go up, my question is the next, is Poloniex a safe place to maintain my XEM for some years? or is there any other safer exchange where maintain my XEM safe for long time? any suggestion and help will be very wellcomed!
Thanks
No any exchange is safe.. You better install NEM Community Client and store your coins in your own computer with a backup. Also in your wallet you can harvest and collect little extra xem everyday or so |
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usbitcodav
Newbie
Offline
Activity: 4
Merit: 0
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April 22, 2016, 12:59:33 PM |
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Thanks for your answers, I will follow your recomendations :-)
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zachamo
Sr. Member
Offline
Activity: 346
Merit: 251
There can be only one!
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April 22, 2016, 01:55:20 PM |
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4000 chars available and all I got was this stupid tagline.
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nzminer
Legendary
Offline
Activity: 1918
Merit: 1001
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April 22, 2016, 08:34:38 PM |
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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xtester
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April 22, 2016, 08:58:45 PM |
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Remember, one year ago, on 22 April 2015 I re-posted a long post about the marshmallow experiment and NEM.
In essence, I created a very simplistic though somewhat useful graph which looked like this:
The Altcoin Landscape
Cheap Scams Elaborate Scams Clones Low Innovation Deep Innovation
I--------------------I--------------------I--------------------I--------------------I
Approx. Time: 1 Day 1 Week 1 Month 3 - 6 Months 1 Year
Approx. Difficulty: 1/10 2/10 4/10 6/10 10/10
Approx. Value Created: 1 btc 10 btc 50 btc 100 btc 10000 btc
Now, one year later I'm glad to see it still standing. Although I see things quite different now, one thing is clear: NEM has an approximate market cap of 31788 btc.
This project has come a long way since its inception. Glad to see it moving forward.
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Thingamajig
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April 23, 2016, 12:04:22 AM |
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wow.. i gota point this out: Smart contracts can be used to manage information and agreements directly on a Mijin blockchain, with mathematically verifiable enforcement of all contracts. In the future, multiple Mijin blockchains will be able to have contracts with each other through the open NEM blockchain.
this is phenomenal!!!!! edit: speechless...  It also makes perfect sense. I foresee some serious NEM value in the distant future. |
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yshin365new
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April 23, 2016, 01:11:36 AM |
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Remember, one year ago, on 22 April 2015 I re-posted a long post about the marshmallow experiment and NEM.
In essence, I created a very simplistic though somewhat useful graph which looked like this:
The Altcoin Landscape
Cheap Scams Elaborate Scams Clones Low Innovation Deep Innovation
I--------------------I--------------------I--------------------I--------------------I
Approx. Time: 1 Day 1 Week 1 Month 3 - 6 Months 1 Year
Approx. Difficulty: 1/10 2/10 4/10 6/10 10/10
Approx. Value Created: 1 btc 10 btc 50 btc 100 btc 10000 btc
Now, one year later I'm glad to see it still standing. Although I see things quite different now, one thing is clear: NEM has an approximate market cap of 31788 btc.
This project has come a long way since its inception. Glad to see it moving forward.
Presale amount of 63 btc has grown to market cap of 31788 btc. About 500 times! WoW!..... |
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jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
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April 23, 2016, 03:46:43 AM |
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Remember, one year ago, on 22 April 2015 I re-posted a long post about the marshmallow experiment and NEM.
In essence, I created a very simplistic though somewhat useful graph which looked like this:
The Altcoin Landscape
Cheap Scams Elaborate Scams Clones Low Innovation Deep Innovation
I--------------------I--------------------I--------------------I--------------------I
Approx. Time: 1 Day 1 Week 1 Month 3 - 6 Months 1 Year
Approx. Difficulty: 1/10 2/10 4/10 6/10 10/10
Approx. Value Created: 1 btc 10 btc 50 btc 100 btc 10000 btc
Now, one year later I'm glad to see it still standing. Although I see things quite different now, one thing is clear: NEM has an approximate market cap of 31788 btc.
This project has come a long way since its inception. Glad to see it moving forward.
That was a good post |
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rigel
Legendary
Offline
Activity: 1240
Merit: 1001
Thank God I'm an atheist
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April 23, 2016, 04:52:05 AM |
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Remember, one year ago, on 22 April 2015 I re-posted a long post about the marshmallow experiment and NEM.
In essence, I created a very simplistic though somewhat useful graph which looked like this:
The Altcoin Landscape
Cheap Scams Elaborate Scams Clones Low Innovation Deep Innovation
I--------------------I--------------------I--------------------I--------------------I
Approx. Time: 1 Day 1 Week 1 Month 3 - 6 Months 1 Year
Approx. Difficulty: 1/10 2/10 4/10 6/10 10/10
Approx. Value Created: 1 btc 10 btc 50 btc 100 btc 10000 btc
Now, one year later I'm glad to see it still standing. Although I see things quite different now, one thing is clear: NEM has an approximate market cap of 31788 btc.
This project has come a long way since its inception. Glad to see it moving forward.
Happy to see you here again. |
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