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

[ciappa]

I follow NEM from the first time on, but go to compare Ripples 24h volume with XEM 24 volume... At the moment XEM has no chanche against ripple... If you try to sell a lot of ripple, you will find a buyer, if you try to sell some XEM the price will fall because there are not many buyers (=low interest...).

If you will keep a currency for long therm, i think you are right with buying xem  

I still hold the opinion that Nem is great but it has a sloppy or a non-existent marketing team.

Yes, here you're right 100%!!! That's why i have leaved NEM some years ago... nobody cares about

[1715255002]

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[gentlemand]

Yes, here you're right 100%!!! That's why i have leaved NEM some years ago... nobody cares about

Erm, that's why no one should leave. Long term the only way is up as more and more people catch on.

[miokirapaic]

Hi all,two questions from me.
I notice people are mentioning hard wallet for xem,will trezor or nano s implement it?
Other thing is do you think that 15 xem for transaction is not to much?At current price its almost 1.7$ and what if nem goes to 1$,we ll pay 15$ for every transaction?

Now you`re talking about full dollars ?  Please don`t do that !
I`m in denial, i know  

I am not talking dollars i am just saying its maybe most expensive transaction of all coins out there,do people from NEM thinking to lower it or it would stay this high?

[pfrtlpfmpf]

Yes, here you're right 100%!!! That's why i have leaved NEM some years ago... nobody cares about

Erm, that's why no one should leave. Long term the only way is up as more and more people catch on.

You can`t help an idiot, no mater how much you try !

[rajc]

Hi all,two questions from me.
I notice people are mentioning hard wallet for xem,will trezor or nano s implement it?
Other thing is do you think that 15 xem for transaction is not to much?At current price its almost 1.7$ and what if nem goes to 1$,we ll pay 15$ for every transaction?

Now you`re talking about full dollars ?  Please don`t do that !
I`m in denial, i know  

I am not talking dollars i am just saying its maybe most expensive transaction of all coins out there,do people from NEM thinking to lower it or it would stay this high?

Transaction fee 0,01% of transaction amount with minimum fee of 1XEM and maximum of 25XEM

so for transactions up to 10000XEM fee is 1XEM

This fee structure was set about 3 months ago when price was much lower

You are talking about Poloniex withdrawal fee which NEM cant influence

[pfrtlpfmpf]

Hi all,two questions from me.
I notice people are mentioning hard wallet for xem,will trezor or nano s implement it?
Other thing is do you think that 15 xem for transaction is not to much?At current price its almost 1.7$ and what if nem goes to 1$,we ll pay 15$ for every transaction?

Now you`re talking about full dollars ?  Please don`t do that !
I`m in denial, i know  

I am not talking dollars i am just saying its maybe most expensive transaction of all coins out there,do people from NEM thinking to lower it or it would stay this high?

Transaction fee 0,01% of transaction amount with minimum fee of 1XEM and maximum of 25XEM

so for transactions up to 10000XEM fee is 1XEM

This fee structure was set about 3 months ago when price was much lower

You are talking about Poloniex withdrawal fee which NEM cant influence

Guys. All i know, yesterday, i paid 2 Dollars just to get my bitcoin-transaction through. How about that? From my wallet. No Poloniex, or shit !

[sammart57]

So for those of you who are really experienced buying/selling/trading, I'm using Litecoin as an example, but can anyone tell me if this is correct?



Lets say I bought 10,000 litecoins 5 years ago. I sat on those coins for a few years and decide I want to cash them out today, all $240,000 usd worth.
I make an account at an exchange, say poloniex. They welcome my 10,000 LTC deposit with open arms, and I promptly exchange them for bitcoins.

Now I have $240,000 worth of BTC, roughly 137 of them. I want to transfer to coinbase so I can convert to usd. Now what?
poloniex has a withdraw limit of $2,000 usd per day though.
So I'm stuck doing $2000 btc withdraws to coinbase for the next 120 days?
Ok say I verify now it's 10k per day. Now it'll only take me 24 days of withdrawls at 10k. All the while the price is fluctuating like mad.
is this correct?
or can I transfer the entire 137 btc amount at once from polo to my coinbase btc wallet?

So it finally gets to coinbase. Now I have to verify some more and say I'm at 25k per withdrawl.
I still have to wait another 10 days of 25k withdrawls to get my money out of coinbase.

Is this really how it works? Nobody lets you withdraw your money at once or in large chunks?

[gentlemand]

Pretty much. Unless you find an OTC deal. There are brokers out there who'll put you together with a buyer. There won't be any limits. It is indeed a ludicrous process via the usual routes.

If I had a substantial amount to cash out I wouldn't go anywhere near an exchange. They might freeze you and demand more documents, or just fall apart before you get all your money out.

[shwin]

with all the focus on XRP and STR (XLM), NEM will miss the train or not ?

If a lot of companies choose xrp and str as blockchain, others will also choose this 2 blockchain instead of nem right ?

I think we need a big news to launch nem to the new ATH

[Dr Charles]

with all the focus on XRP and STR (XLM), NEM will miss the train or not ?

If a lot of companies choose xrp and str as blockchain, others will also choose this 2 blockchain instead of nem right ?

I think we need a big news to launch nem to the new ATH

XEM is not just a short term play. There is a true base being built here so value is not derived just off of short term news although I would like to see another spike as well

[Tehfiend]

So for those of you who are really experienced buying/selling/trading, I'm using Litecoin as an example, but can anyone tell me if this is correct?



Lets say I bought 10,000 litecoins 5 years ago. I sat on those coins for a few years and decide I want to cash them out today, all $240,000 usd worth.
I make an account at an exchange, say poloniex. They welcome my 10,000 LTC deposit with open arms, and I promptly exchange them for bitcoins.

Now I have $240,000 worth of BTC, roughly 137 of them. I want to transfer to coinbase so I can convert to usd. Now what?
poloniex has a withdraw limit of $2,000 usd per day though.
So I'm stuck doing $2000 btc withdraws to coinbase for the next 120 days?
Ok say I verify now it's 10k per day. Now it'll only take me 24 days of withdrawls at 10k. All the while the price is fluctuating like mad.
is this correct?
or can I transfer the entire 137 btc amount at once from polo to my coinbase btc wallet?

So it finally gets to coinbase. Now I have to verify some more and say I'm at 25k per withdrawl.
I still have to wait another 10 days of 25k withdrawls to get my money out of coinbase.

Is this really how it works? Nobody lets you withdraw your money at once or in large chunks?

Yeah even Coinbase has a daily USD withdrawal limit. Withdrawal limits will be a major bottleneck when cashing out so getting them raised to the highest amount possible is a first step if you want to cash out. Poloniex allows $25k/day at level 3 but will allow higher limits upon request. Coinbase has up to 1mill/day options.

FYI, you can sell LTC for USD at Coinbase now via their GDAX exchange.

[howi53]

So for those of you who are really experienced buying/selling/trading, I'm using Litecoin as an example, but can anyone tell me if this is correct?



Lets say I bought 10,000 litecoins 5 years ago. I sat on those coins for a few years and decide I want to cash them out today, all $240,000 usd worth.
I make an account at an exchange, say poloniex. They welcome my 10,000 LTC deposit with open arms, and I promptly exchange them for bitcoins.

Now I have $240,000 worth of BTC, roughly 137 of them. I want to transfer to coinbase so I can convert to usd. Now what?
poloniex has a withdraw limit of $2,000 usd per day though.
So I'm stuck doing $2000 btc withdraws to coinbase for the next 120 days?
Ok say I verify now it's 10k per day. Now it'll only take me 24 days of withdrawls at 10k. All the while the price is fluctuating like mad.
is this correct?
or can I transfer the entire 137 btc amount at once from polo to my coinbase btc wallet?

So it finally gets to coinbase. Now I have to verify some more and say I'm at 25k per withdrawl.
I still have to wait another 10 days of 25k withdrawls to get my money out of coinbase.

Is this really how it works? Nobody lets you withdraw your money at once or in large chunks?

Yeah even Coinbase has a daily USD withdrawal limit. Withdrawal limits will be a major bottleneck when cashing out so getting them raised to the highest amount possible is a first step if you want to cash out. Poloniex allows $25k/day at level 3 but will allow higher limits upon request. Coinbase has up to 1mill/day options.

FYI, you can sell LTC for USD at Coinbase now via their GDAX exchange.

Kraken Tier 4 has 100k $ /day withdraw

[BloodyRookie]

I think the recent fork will be addressing the fee structure. please correct me if im wrong though. Have the devs released any additional information as to what was included in the fork?

The fork had nothing to do with the fees.
Information can be found here:

https://forum.nem.io/t/nem-beta-0-6-87/3818/18

[Dr Charles]

I think the recent fork will be addressing the fee structure. please correct me if im wrong though. Have the devs released any additional information as to what was included in the fork?

The fork had nothing to do with the fees.
Information can be found here:

https://forum.nem.io/t/nem-beta-0-6-87/3818/18

Thanks for the clarification. I thought it had to do with fees because on the block explorer it says "Fork: ALREADY AFTER FEE FORK! (1'110'000)"
so naturally i thought it had something to do with fees lol

[kocodile]

i see some are complaining about nem poor marketing
in my opinion NEM doesn't give a shit about  crypto economy
wants the big cake the real economy

but  let's be real crypto economy it is not that small almost 60 billions
i don't think neglecting it is a wise decision

i am curious to see how the nem marketing fund is spent
any link?

[pavaya66]

Invested 2K USD For better future

[Dr Charles]

Invested 2K USD For better future

Ayyy there ya go haha got to start somewhere.

[Thegodzilla]

7k by tomorrow!

[pfrtlpfmpf]

So for those of you who are really experienced buying/selling/trading, I'm using Litecoin as an example, but can anyone tell me if this is correct?



Lets say I bought 10,000 litecoins 5 years ago. I sat on those coins for a few years and decide I want to cash them out today, all $240,000 usd worth.
I make an account at an exchange, say poloniex. They welcome my 10,000 LTC deposit with open arms, and I promptly exchange them for bitcoins.

Now I have $240,000 worth of BTC, roughly 137 of them. I want to transfer to coinbase so I can convert to usd. Now what?
poloniex has a withdraw limit of $2,000 usd per day though.
So I'm stuck doing $2000 btc withdraws to coinbase for the next 120 days?
Ok say I verify now it's 10k per day. Now it'll only take me 24 days of withdrawls at 10k. All the while the price is fluctuating like mad.
is this correct?
or can I transfer the entire 137 btc amount at once from polo to my coinbase btc wallet?

So it finally gets to coinbase. Now I have to verify some more and say I'm at 25k per withdrawl.
I still have to wait another 10 days of 25k withdrawls to get my money out of coinbase.

Is this really how it works? Nobody lets you withdraw your money at once or in large chunks?

Yeah even Coinbase has a daily USD withdrawal limit. Withdrawal limits will be a major bottleneck when cashing out so getting them raised to the highest amount possible is a first step if you want to cash out. Poloniex allows $25k/day at level 3 but will allow higher limits upon request. Coinbase has up to 1mill/day options.

FYI, you can sell LTC for USD at Coinbase now via their GDAX exchange.

Kraken Tier 4 has 100k $ /day withdraw

Wow, what do i have to supply for Tier 4 there ?

[kocodile]

Invested 2K USD For better future

ok ok
1 btc -->15k xem time to harvest
i was waiting to dip for weeks now

the banks who chose ripple are stupids
it is like they didn't understand why decentralized network is a lot more secure than a centralized one
all the crypto speculators who are into ripple are just bank followers a brainless sheeps

banks can make a lot of bad decision if you think banks is a sort of super being  you are mistaken
i will be laughing very hard  at the day a 16y boy cripple the central node lol

  well let see how long ripple  central node will stand before someone take it down
when it will happen, and (it will happen remember my words) the banks will realise they made a stupid choice .
too late hhaha