NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[raphma]

That dump was terrific

was? i dont think it is done..

[1715113693]

1715113693

[1715113693]

1715113693

[mummybtc]

Do anybody know the reason why the price is crashing hard? it seems strange to me , I already thought 900sat was the floor but it just keeps dropping

at the beginning of 2016 we had a price of ~40sat and you ask why xem crash so hard?   always the same game ...

The game is pump and dump

[XbladeX]

......
The game is pump and dump

Coins are moving by pump and dump.
But there will be out many good ICOs right now.
I such world one real time working dev like in NEM can be lets say less attractive than 20 real time working developers
who will create complex system. I hope you get point.

So coin with ICO at 10m$ cash =/= 40m market cap NEM
Nem went up from 30 -> 2800 in six months do you think that would be sustainble with wout ANY
point of use NEM right now ?
Where coin like Jewels (recent 300BTC) ICO have now gambling site and jewels can be used in game.
That took one developer month.(there is 100x sites like that )

Nem need its real business exclusive deals without that will go down.
We slowly run to crypoto era where coin has to be used somehow.

PS: I am NEM fan but i am realist and 30-2800 jump have to be corrected to some value how low i don't know.
Look at peer coin 9$ pump and now 0.5% No real use make this just like another exotic token on market

[Johnny00]

......
The game is pump and dump

Coins are moving by pump and dump.
But there will be out many good ICOs right now.
I such world one real time working dev like in NEM can be lets say less attractive than 20 real time working developers
who will create complex system. I hope you get point.

So coin with ICO at 10m$ cash =/= 40m market cap NEM
Nem went up from 30 -> 2800 in six months do you think that would be sustainble with wout ANY
point of use NEM right now ?
Where coin like Jewels (recent 300BTC) ICO have now gambling site and jewels can be used in game.
That took one developer month.(there is 100x sites like that )

Nem need its real business exclusive deals without that will go down.
We slowly run to crypoto era where coin has to be used somehow.

PS: I am NEM fan but i am realist and 30-2800 jump have to be corrected to some value how low i don't know.
Look at peer coin 9$ pump and now 0.5% No real use make this just like another exotic token on market

So best to dump this coin?

[cryptonit]

So best to dump this coin?

the lower the better  

i see no blood!
i want more blood on the streets!

did u guys know makoto left the NEM core team?
can u feel the panic now?

i see no blood!
i want more blood on the streets!

sell as long as u can get at least something for ur XEM



(if someone missed the ironic nature of above post try read again
i believe in a strong future for NEM and everyone who dont should better sell his coins cheap into my pockets)

[XbladeX]

...
So best to dump this coin?

If you don't have 100% project to hedge against i would not dump anything because of ninja news.
as you know NEM team can fuck you if you are not loyal - they deliver they are honest and they live for some mission
while many ICO are JUST for cash...
But many morons are burned in those ICOs last pickups deCloud and probably Opair...
Nem devs are proven to be loyal and play game secure way.

.......
i believe in a strong future for NEM and everyone who don't should better sell his coins cheap into my pockets)

Good patience is rewarded but i sometimes hedge against falling coins to move to another.
(i never burn all - almost) Nem initial stack i will keep long

Now is move down there will be move up... like with even BTC bubble 1200$... so if you get now NEM you will sell it probably ~1400 after  bounce. Nothing fall forever

[tyz]

Actually no reason. Maybe there was a whale which got a loose hand or lost patience by waiting longer for news and new developments.

Do anybody know the reason why the price is crashing hard? it seems strange to me , I already thought 900sat was the floor but it just keeps dropping

[Johnny00]

I was doing delegated staking with 100K coins but only received 16 NEM in one week. is that normal?

[mirador17]

I hope it goes down to 500. Want to buy more to build a supernode.

[XbladeX]

I was doing delegated staking with 100K coins but only received 16 NEM in one week. is that normal?

Yes because we have low velocity of money in network on pump it jump because many people move coins to exchange.
When devs adds some unique buisnes features it will go up proportional to money velocity up but now most my mined blocks are 0 ...
Supernode harvesting

[Johnny00]

thanks, you have a supernode? so no real value to harvest then.

coin dying?

[nzminer]

its some noob that got mix up between XRP and XCP.
There is a link between XCP and XEM with the launch of bitgirls.

Yes that could be what it is

[XbladeX]

thanks, you have a supernode? so no real value to harvest then.

coin dying?

Yes this is supernode harvesting.
We need money velocity to money velocity we need hmm platform like ethrum where all makes some stuff based on it.
Or asset exchange like NXT had with some valuable token inside or ICO.
Asset itself doesn't brought to much to NXT why peole should move from forex to digiral decentralized exchange ?
If you have comes you can trade on centralized platform you can complain in support and stuff like that while in decentralized is harder.
Nem need some cool exlusive deal or gaming site to move money velocity up - then harvesting wil be ok.

While there is couple ICOs ongoing with decentralized stuff will be harder go get up on road.
ICOs with 5-10m$ have real potential to deliver BUT and fail like bitshares greedy devs
those "COINs" without business plan will fail at end because you will use easiest and safest not CHEAPIES platform
And huge ICOs can deliver soft like that but THEY NEED business plan to live IMO.
Without business plan and some income it will be just another "dot com" bubble which will collapse like all bubbles.

NEM is live and will till we are here but i am realist and i know that will take time to move up NEM.
Good stuff will sell itself, but there will be a lot good stuff in future. We will fight for be live.

[XbladeX]

https://web.archive.org/web/20160111114717/http://coinmarketcap.com/
just around 1st jan every year...

So now be realists and take history lessons.
I not FUD or something but pure facts.

Coins with unique concept to rise can survive...
Coins with community lives...
ICO without marketing/buisnes plan or point of use DIEs slowly.
Coins are appearing and dying slowly

You can jump every thread there a look for long term BS... blabla
Bugatti here or there.

OK now painful part i hope devs will explain their plan behind super nodes.
NEM devs have founding for 2 years and after 2 years we should utilize supernodes to some stuff ...
Supernode is ONLY one price driving factor right now when funding will end price will ?
Guys logic:
1) skyrocket
2) dump to 100sat
?

To not bash NEM to keep supernodes at track we need to sell stuff at about 2-3BTC ~2000$ daily in services providing by supernode.
but we need plan today in year coin will land at 100sat  (bitgirls won't help us in that matter)
while other coins will have asset exchanges , game platforms, developing platforms, digital warrez, decentralized youtube, decentralized blogs. Where we will be then what we will add to crypto currency.
All NEM pump was about NEM integrating to banks... today i don't see any bank using buy/selling NEM
so as investor i can feel disappointment

We can not be blind like supernode will solve all ... we need know today how to use them and sell it with business.
Decentalized web hosting... decentralized learnig...

PS:I don't want to see here bitshares peercoin namecoin NXT scenario - good coins but no business plan

[nzminer]

https://web.archive.org/web/20160111114717/http://coinmarketcap.com/
just around 1st jan every year...

So now be realists and take history lessons.
I not FUD or something but pure facts.

Coins with unique concept to rise can survive...
Coins with community lives...
ICO without marketing/buisnes plan or point of use DIEs slowly.
Coins are appearing and dying slowly

You can jump every thread there a look for long term BS... blabla
Bugatti here or there.

OK now painful part i hope devs will explain their plan behind super nodes.
NEM devs have founding for 2 years and after 2 years we should utilize supernodes to some stuff ...
Supernode is ONLY one price driving factor right now when funding will end price will ?
Guys logic:
1) skyrocket
2) dump to 100sat
?

To not bash NEM to keep supernodes at track we need to sell stuff at about 2-3BTC ~2000$ daily in services providing by supernode.
but we need plan today in year coin will land at 100sat  (bitgirls won't help us in that matter)
while other coins will have asset exchanges , game platforms, developing platforms, digital warrez, decentralized youtube, decentralized blogs. Where we will be then what we will add to crypto currency.
All NEM pump was about NEM integrating to banks... today i don't see any bank using buy/selling NEM
so as investor i can feel disappointment

We can not be blind like supernode will solve all ... we need know today how to use them and sell it with business.
Decentalized web hosting... decentralized learnig...

PS:I don't want to see here bitshares peercoin namecoin NXT scenario - good coins but no business plan

What attracts me to NEM the most is currently we have solid partnerships, and this list continues to grow.
We have a good business model and seeing these partnerships flourish through dragonfly and mijin is only the beginning.

They mean serious busniess, and i see this as our path to success.

I dont think its a bad idea that alot of resources are being spent locally on marketing in the Asian markets either, as this is alot easier to start off with one target demographic, before going global.

Lots of companies start this way before expanding globally.

Our advantage is that it will happen much faster when that time arrives

[BigSirko]

Malaysian traffic to NEM.IO broke another record today and is at an all-time high.  Malaysian community members are also registering a community organization in Cyberjaya and creating a hackathon contest.

https://en.wikipedia.org/wiki/Cyberjaya

[nzminer]

Malaysian traffic to NEM.IO broke another record today and is at an all-time high.  Malaysian community members are also registering a community organization in Cyberjaya and creating a hackathon contest.

https://en.wikipedia.org/wiki/Cyberjaya

OK, thats great to see.

It seems that there is alot of activity in Malaysia, not to Mention Japan. 

[Brainofmasses]

Malaysian traffic to NEM.IO broke another record today and is at an all-time high.  Malaysian community members are also registering a community organization in Cyberjaya and creating a hackathon contest.

https://en.wikipedia.org/wiki/Cyberjaya

OK, thats great to see.

It seems that there is alot of activity in Malaysia, not to Mention Japan.  

Yup NEM is busy as usually, a event where will be also spoken about nem is starting on 4th october in Cyberjaya.

Announcement and Source on:

http://nemflash.com/join-blockchain-nem-event-04-oct-1800-cyberjaya/

Tickets available on:

http://demystifyblockchain.peatix.com/view

[cryptonit]

We can not be blind like supernode will solve all ... we need know today how to use them and sell it with business.
Decentalized web hosting... decentralized learnig...

PS:I don't want to see here bitshares peercoin namecoin NXT scenario - good coins but no business plan

what we see now is like a tech demo of the upcoming NEM

and the supernode bonus rewards are a incentive for people who provide a great multi hundret high performance nodes backbone to NEM

i really think the new website https://www.nem.io/
and the blog answer all questions and give more than enough reasons why its great to get a share on NEM in the early adopter phase

i see NEM in a really good position with solutions to many questions that most other coins have not answered

including to "smart contracts"

the answer NEM give here is to state
with industry most advanced form of multisig on blockchain
NEM provide the ideal toolbox for contract logic be build on top

BUT not executed on blockchain

some might think
hey if smart contract not exist blockchain is a fail
i see that different
blockchain is here to state the status who owns what (and chages of ownership via transactions)
in a way that cant be manipulated and thats transparent for everyone
and NEM do that perfect not just for one coin (XEM) but for any asset (called mossaic in NEM slang)

why someone send stuff from A to B is in my opinion not a fundamental part of blockchain core technology
and smart contract is exactly that some kind of automated logical construct why (under which conditions) transactions happens
and thats stuff that can go awfull wrong as TheDAO did show us)

i think u can compare blockchain with a car
and smart contracts with a autonomous driving car
to world might be ready in 5-10 years but not now

and in fact there is no reason that NEM chain cant be used for stuff as factum FCT offers
if i remember right part of their abilities already recreated on NEM via apostille

NEM make a clear difference between provide tools and build business with them

many companies did see this use the tools and build business based on it

we can expect the business launches build on top of NEM
and the technology leap when the actual NEM code will be replaced with a multiple times faster version based on C++

will create a firework that attract many many new investors into NEM

i see this point be reached in Q1/Q2 2017

please dont see this as investment advise
just my opinion and the reason why i dont risc waiting for 500 which we maybe never reach
and stock up already now with NEM

never forget there is no constant sell presure of POW or POS generated new coins on market
and its very hard get hands on cheap coins beside some whale dump his coins
ZERO INFLATION is the magic word

i think arrow will show upwards soon and NEM stay in waiting position around 800-1100

how far the jump will go we can hard estimate

last time it was 30 to 2500
that cant happen again
800 to 4000+ can be
in ideal case even 10000+

[cryptonit]

in fact u can not even fill 1 supernode with the coins on market below 800

i cant believe price will stay long below 800