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

[atom21]

Can somebody explain if private NEM blockchain affects the public one we use.
Are they on a completely separate network and don't share transaction fees with all the public harvesters?
When Hitachi starts using NEM, will it be a private or public blockchain they use?

Private chains do not share transactions/blocks/fees with our public network.
And Hitachi sure is using a private chain, at least for testing.

So how will that help with growing this blockchain?
Everyone is saying "Hitachi new 150 mil users, to the moon etc." but it doesn't even matter in the end. Because all the serious tech companies are going to use the private version which doesn't do anything to increase the value of XEM and share bigger rewards for nodes.

[1714071702]

1714071702

[1714071702]

1714071702

[XbladeX]

***

-tax dogging
-give people money and they don't pay income tax (in my country they should pay like 22% tax)
-crypto give you a freedom of work without taxation ( like forum signatures eg. )
-avoid capital control

be careful ........ everyone has access at the blockchain..... the tax authority too......many years retroactively.......

like you are unhackable :
"they hacked me"

[shwin]

Wallet disable on bittrex ?

[franc0]

Can somebody explain if private NEM blockchain affects the public one we use.
Are they on a completely separate network and don't share transaction fees with all the public harvesters?
When Hitachi starts using NEM, will it be a private or public blockchain they use?

Private chains do not share transactions/blocks/fees with our public network.
And Hitachi sure is using a private chain, at least for testing.

So how will that help with growing this blockchain?
Everyone is saying "Hitachi new 150 mil users, to the moon etc." but it doesn't even matter in the end. Because all the serious tech companies are going to use the private version which doesn't do anything to increase the value of XEM and share bigger rewards for nodes.

Yes please explain how this will benefit us.

[NEMergizer]

Can somebody explain if private NEM blockchain affects the public one we use.
Are they on a completely separate network and don't share transaction fees with all the public harvesters?
When Hitachi starts using NEM, will it be a private or public blockchain they use?

Private chains do not share transactions/blocks/fees with our public network.
And Hitachi sure is using a private chain, at least for testing.

So how will that help with growing this blockchain?
Everyone is saying "Hitachi new 150 mil users, to the moon etc." but it doesn't even matter in the end. Because all the serious tech companies are going to use the private version which doesn't do anything to increase the value of XEM and share bigger rewards for nodes.

Yes please explain how this will benefit us.

My understanding is that all private blockchain networks will eventually need cross communication publicly and this is where NEM can be employed to facilitate cross private blockchain communication

[franc0]

Can somebody explain if private NEM blockchain affects the public one we use.
Are they on a completely separate network and don't share transaction fees with all the public harvesters?
When Hitachi starts using NEM, will it be a private or public blockchain they use?

Private chains do not share transactions/blocks/fees with our public network.
And Hitachi sure is using a private chain, at least for testing.

So how will that help with growing this blockchain?
Everyone is saying "Hitachi new 150 mil users, to the moon etc." but it doesn't even matter in the end. Because all the serious tech companies are going to use the private version which doesn't do anything to increase the value of XEM and share bigger rewards for nodes.

Yes please explain how this will benefit us.

My understanding is that all private blockchain networks will eventually need cross communication publicly and this is where NEM can be employed to facilitate cross private blockchain communication

meaning they eventually will need to do transactions in our nem chain? i don't know why i doubt it.

[atom21]

Can somebody explain if private NEM blockchain affects the public one we use.
Are they on a completely separate network and don't share transaction fees with all the public harvesters?
When Hitachi starts using NEM, will it be a private or public blockchain they use?

Private chains do not share transactions/blocks/fees with our public network.
And Hitachi sure is using a private chain, at least for testing.

So how will that help with growing this blockchain?
Everyone is saying "Hitachi new 150 mil users, to the moon etc." but it doesn't even matter in the end. Because all the serious tech companies are going to use the private version which doesn't do anything to increase the value of XEM and share bigger rewards for nodes.

Yes please explain how this will benefit us.

My understanding is that all private blockchain networks will eventually need cross communication publicly and this is where NEM can be employed to facilitate cross private [Suspicious link removed]munication

Yeah maybe. I would still appreciate if someone from staff or development team could clarify this.

[sammart57]

One thing I don't understand about nem, maybe you guys can help explain it.
On our best days, we may hit $1 million in volume.. normally it's around $500,000 give or take.

All the other coins in the top 15 are at least $2 million volume, others are at 15, 28, 11, and 5 million

Why is the volume so low for a coin with a market cap of over $100 million? Not a whole lot of buying and selling going on obviously, so how is the cap so high?
or is that based on the value of the coin? Like if nem were valued at $1 each, our trade volume would be tens of millions, but since it isn't, volume is only 500k?

[gentlemand]

One thing I don't understand about nem, maybe you guys can help explain it.
On our best days, we may hit $1 million in volume.. normally it's around $500,000 give or take.

All the other coins in the top 15 are at least $2 million volume, others are at 15, 28, 11, and 5 million

Why is the volume so low for a coin with a market cap of over $100 million? Not a whole lot of buying and selling going on obviously, so how is the cap so high?
or is that based on the value of the coin? Like if nem were valued at $1 each, our trade volume would be tens of millions, but since it isn't, volume is only 500k?

No mining is the answer. That automatically hugely reduces the need to sell. Miners have to constantly get rid to pay bills.

NEM is one of the few up there with no inflation right now so its behaviour will always be very different.

Oh and no recent ICO either. That breeds (more) pumpers and dumpers en masse due to the vested interests.

[franc0]

One thing I don't understand about nem, maybe you guys can help explain it.
On our best days, we may hit $1 million in volume.. normally it's around $500,000 give or take.

All the other coins in the top 15 are at least $2 million volume, others are at 15, 28, 11, and 5 million

Why is the volume so low for a coin with a market cap of over $100 million? Not a whole lot of buying and selling going on obviously, so how is the cap so high?
or is that based on the value of the coin? Like if nem were valued at $1 each, our trade volume would be tens of millions, but since it isn't, volume is only 500k?

No mining is the answer. That automatically hugely reduces the need to sell. Miners have to constantly get rid to pay bills.

NEM is one of the few up there with no inflation right now so its behaviour will always be very different.

Oh and no recent ICO either. That breeds (more) pumpers and dumpers en masse due to the vested interests.

Also people are just buying to hold, only a few traders sell at highs. You want volume? then just create a NEMbay.com online store  (a NEM EBAY). buy/sell good or services and there will be more traffic in the network.  Volume will come don't worry.

[greentea]

One thing I don't understand about nem, maybe you guys can help explain it.
On our best days, we may hit $1 million in volume.. normally it's around $500,000 give or take.

All the other coins in the top 15 are at least $2 million volume, others are at 15, 28, 11, and 5 million

Why is the volume so low for a coin with a market cap of over $100 million? Not a whole lot of buying and selling going on obviously, so how is the cap so high?
or is that based on the value of the coin? Like if nem were valued at $1 each, our trade volume would be tens of millions, but since it isn't, volume is only 500k?

Most of the top coins you can trade on margin at polo.

NEM doesnt have this yet ... we're waiting for CryptoApex  

[visaco]

SORRY ...DASH MONERO YOUR TIME IS OVER


https://bravenewcoin.com/news/eu-parliament-states-virtual-currencies-cannot-be-anonymous/

[franc0]

SORRY ...DASH MONERO YOUR TIME IS OVER


https://bravenewcoin.com/news/eu-parliament-states-virtual-currencies-cannot-be-anonymous/

OH and what they are going to do? Ban the internet worldwide? Or the electricity worldwide?

[visaco]

SOMEONE UPLOADED A PREVIEW OF THE NEW NEM WALLET
https://www.youtube.com/watch?v=vNYLqErWl-c

[cryptonit]

One thing I don't understand about nem, maybe you guys can help explain it.
On our best days, we may hit $1 million in volume.. normally it's around $500,000 give or take.

All the other coins in the top 15 are at least $2 million volume, others are at 15, 28, 11, and 5 million

Why is the volume so low for a coin with a market cap of over $100 million? Not a whole lot of buying and selling going on obviously, so how is the cap so high?
or is that based on the value of the coin? Like if nem were valued at $1 each, our trade volume would be tens of millions, but since it isn't, volume is only 500k?

Most of the top coins you can trade on margin at polo.

NEM doesnt have this yet ... we're waiting for CryptoApex  

zero inflation
and incentive to move coins out of exchanges (supernodes)
this lead to an enviroment that is less optimized for speculation/trading and more optimized for build a economy liquidity based on real services
this also means in fact when the actual walls are broken everything is possible.....

NEM can raise to the point when supernode owners start to sell their coins because they cant resist the marketprice

i dont know how high that will be

for me thats insane high.....

and at that insane high alone the supernode income alone make me happy so no need to sell the supernode base coins

[Spider]

...

Please update your Supernode to version 0.6.84.

[nzminer]

One thing I don't understand about nem, maybe you guys can help explain it.
On our best days, we may hit $1 million in volume.. normally it's around $500,000 give or take.

All the other coins in the top 15 are at least $2 million volume, others are at 15, 28, 11, and 5 million

Why is the volume so low for a coin with a market cap of over $100 million? Not a whole lot of buying and selling going on obviously, so how is the cap so high?
or is that based on the value of the coin? Like if nem were valued at $1 each, our trade volume would be tens of millions, but since it isn't, volume is only 500k?

Most of the top coins you can trade on margin at polo.

NEM doesnt have this yet ... we're waiting for CryptoApex  

zero inflation
and incentive to move coins out of exchanges (supernodes)
this lead to an enviroment that is less optimized for speculation/trading and more optimized for build a economy liquidity based on real services
this also means in fact when the actual walls are broken everything is possible.....

NEM can raise to the point when supernode owners start to sell their coins because they cant resist the marketprice

i dont know how high that will be

for me thats insane high.....

and at that insane high alone the supernode income alone make me happy so no need to sell the supernode base coins

By that stage we wont even need supernode rewards because the blocks should be full of far more XEM with the increased volume.

[n3lz0n]

Join our official Telegram to speak with the rest of the community.
See you there! (as of 17-3-2017)


NEM Red (579 members)
https://t.me/nemred

NEM Australia (7 members)
https://t.me/joinchat/AAAAAEB5SdvCtFxW8riKPg

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https://t.me/joinchat/AAAAAAvm7uTODMLyQsisMA

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https://t.me/NEMru

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https://t.me/NEMgreece

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https://t.me/nemitalia

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http://nem.my/join_telegramgroup_german

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https://t.me/nemspanish

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https://t.me/joinchat/AAAAAAlXNoO17BMBcoQaPA

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https://t.me/joinchat/AAAAAAruwfvosWmh0C2kFA

NEM Japan Community (282 members)
https://t.me/nemjapan

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https://t.me/nemberia

NEM Ukraine (441 members, NEM and other Cryptocurrencies too)
https://t.me/BFU_Cryptochat

NEMberia (278 members, Price speculation room)
https://t.me/nemberia

[solix]

SORRY ...DASH MONERO YOUR TIME IS OVER


https://bravenewcoin.com/news/eu-parliament-states-virtual-currencies-cannot-be-anonymous/

My reaction is quite the opposite. It just means fungibility will be as important as ever.

[NORMAN MAYER KEY]

who have NEM SuperNODE that rules the world