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

[uniquehero]

XEM was dumped so hard yesterday. Glad to see it's going up again and will break 10k sat soon

[smbbm]

i just feeling sad watching a good product like nem, getting a low level marketing.

On the other hand when marketing is ahead of the product quality, it's also bad. It seems to be safer like this. Adoption can be a bit slower but current cap is noticeable enough even without creating price bubbles. I believe best marketing tools are successful integration stories.

[dissident]

when nem will roll out the new marketing plan?
when nem will roll out the new website?

this situation is becoming laughable .

we need precise answers.
we are investing our families saving here

i still think the nem bizarre marketing SUCKS

with the tech that we have we should be at 4 billions by now

Your problem is, that you do wrong.
You just DON'T invests family savings, that you need to feed your kids. You DON'T!
Just invest, what you can afford to loose. And then you can also have the patience you need now.

i invested the family saving on Nem because i am sure of the bright future of nem
i just dislike the marketing side .
they ignore the crypto space,  not wise not wise
imo Marketing should be divided 50% crypto + 50% non crypto .

Honestly I would be careful if you invested up here. Though I think NEM's long term future is bright, there's no guarantees in life and if this bubble bursts it could take NEM and cut it's valuation in half yet... don't invest what you're not willing to lose... the easy money has been made (where we went from 50 million to 1.8 billion market cap in 2 months)  Though I believe it deserves a 10 billion dollar market cap or better, being the number 2 coin, doesn't mean the market will agree with me.

[gatilocoin]

The fact that the creators NEM does not create a bubble through advertising marketing, it speaks about the seriousness of the company. The main thing is for NEM to become a high-tech corporation. I see that in the future, such baby pacifiers as "sexcoin" and the other 90% of the market cryptocurrency will be forgotten by society.  And such as Ethereum, NEM will always be. And it seems to me that marketing NEM goes this way.

[samysamy1]

...
i invested the family saving on Nem because i am sure of the bright future of nem
i just dislike the marketing side .
they ignore the crypto space,  not wise not wise
imo Marketing should be divided 50% crypto + 50% non crypto .

You can't be sure of anything in crypto. No matter which coin. Can be BTC, ETH or NEM.
There can be an incident and nem is worth zero tomorrow. Its unlikely but possible.
Pull back any investments, that you are not comfortable after rethinking about it!

ethereum had a big incident   they just rolled back the blockchain and they are worth more now.
i am not scared of blockchain incidents,
if the worst scenario happen  there will be a rolling back option on the table.
nem went through extensive test before it get released.
its unlikely we will have an incident like ether.

i am just feeling sad watching a good product like nem, getting a low level marketing.

I fully agree with you. Whenever someone mentions marketing you get answered with "we don't need any hype".
Nem is hardly used by any business, so how  do you expect it to be valuable in the long term.
No matter how good the tech is, if there is no marketing and no one can use it in their daily life it will become useless.
It looks like nem was just a hobby project or a test project for the Nem team. they are too busy creating some other stuff for real businesses like Mijjn and Catapult. And we just hope that some of the success will flow into Nem. Just pathetic. They have a Nem  marketing fund which they do not use and they do not update us about their plans with regard to Nem itself.
No idea why people are so excited with those side projects, currently Catapult that is supposed to come out in August. I doubt we will see any positive effect that causes shops and businesses to implement NEM

[hardshot]

I kind of agree with the lack-of-marketing thing.. But to be honest, I don't have any reason to doubt that NEM will have a bright future.
Till now the strategy seems to work pretty well.. I mean, to be a Top3 altcoin is a good sign for NEMs success, right?

[smbbm]

When time is right NEM can become perfect Bitcoin replacement. It has all the qualities to become perfect transferable store of value and gateway into crypto world.

[nzminer]

NEM must be doing something right to be #4 in marketcap.

Not many coins have achieved this.
Partnerships are underway, such as mijin, luxtag, dragonfly fintech, chronobank etc.
There is much more that we dont know also in the pipeline. 

[pfrtlpfmpf]

NEM must be doing something right to be #4 in marketcap.

Not many coins have achieved this.
Partnerships are underway, such as mijin, luxtag, dragonfly fintech, chronobank etc.
There is much more that we dont know also in the pipeline. 

 It´s like a spring, coiling up !

[nemwanderer]

Good to shake out the weak hands and those taking profits.... long term this coin will be the bitcoin killer, not ethereum which can do maybe 16 transactions per second, but this coin, which will be able to do 3000 transactions per second, with the scalability Mijin and Catapult bring to the table.  Really that's what the real world is looking for first and foremost.. an application platform can be built on any old coin now since they opened sourced everything... it's one reason I don't think they should open source the entire NEM/Mijin code.... what's the incentive to invest in a coin when any firm can simply copy the coin with no legal repercussions?  Your source code is your ability to license it out.. it's your intellectual property.

NEM has something no other coin really has now with Mijin, just like Xtrabytes has it's static node tech.. I don't think either of these coins should just open source this, personally. If you care about return on investment, it's not such a bad thing to have trade secrets...

I was quite disheartened yesterday...quite the opposite today. Good to see that the market has some resilience and that a massive pullback is seen as a buying opportunity, not a reason to abandon/avoid crypto.

Praying for some big things here of course...10-20x would suit me quite well

Dissident-you've mentioned Xtrabytes a few times now. Without going too far off topic, why do you think their tech is not just interesting, but worth investing in?

I like the static node technology. In theory it's unhackable if you read a little bit into it. Combined with a lowish market cap I'm willing to give it some investment money.  It started out as a scam coin and a talented programmer decided in conjunction with another person to take over the coin before it died and hopefully recoup some of their losses from the scammer who left. They are in the process of creating a new blockchain to replace the original chain, which they dub the "static" chain. Once this is done they will retire the old chain completely, and from there development continues.

NEM is far more advanced and polished as a coin and I'm not convinced the static node tech is even needed compared to NEM's proof of importance and supernodes but it's an interesting tech nonetheless.  I still think NEM could be the coin that takes over bitcoin's role and takes the king spot. In all the articles, particularly the latest article where they talk about Fidelity and Coinbase teaming up to show your coinbase account information on your Fidelity account, they talk about bitcoin's limitations when Fidelity employees were trying to use it, namely the slow transaction speed. NEM solves this problem, and no coin comes close to the scalabliity of NEM, so NEM is still my baby. Plus it has a good logo, simple yet effective name, and good team behind it.  

https://medium.com/nem-distributed-ledger-technology-blockchain/hitachi-and-tech-bureau-building-nem-based-blockchain-platform-in-japan-1fb4714392af

Well-reasoned as usual, thanks for getting back.

I sure hope you're right-one big push higher in NEM and I'll be retired!

I have some more questions about Xtrabytes but don't want to derail the thread; I'll PM you.

[Wekkel]

NEM must be doing something right to be #4 in marketcap.

This is quite easy with all 8.9B coins issued at once. It's not about market cap.

[dissident]

I fully agree with you. Whenever someone mentions marketing you get answered with "we don't need any hype".
Nem is hardly used by any business, so how  do you expect it to be valuable in the long term.
No matter how good the tech is, if there is no marketing and no one can use it in their daily life it will become useless.
It looks like nem was just a hobby project or a test project for the Nem team. they are too busy creating some other stuff for real businesses like Mijjn and Catapult. And we just hope that some of the success will flow into Nem. Just pathetic. They have a Nem  marketing fund which they do not use and they do not update us about their plans with regard to Nem itself.
No idea why people are so excited with those side projects, currently Catapult that is supposed to come out in August. I doubt we will see any positive effect that causes shops and businesses to implement NEM

They are working on polishing the tech before marketing it.. think of it akin to releasing a video game in a fully finished state versus rushing it out the door and fixing it with patches and DLC after the game is released.  They are marketing where it matters.. not on internet forums, but to real businesses, right now in Japan.

Well-reasoned as usual, thanks for getting back.

I sure hope you're right-one big push higher in NEM and I'll be retired!

I have some more questions about Xtrabytes but don't want to derail the thread; I'll PM you.

Happy for ya!  I don't have that much, just had a stake, and I've sold 60% of it (around $250K worth) around these levels. I have a good job and already had some stocks but NEM did increase my liquid net worth by more than triple and total net worth by double (not counting my unsold NEM). The rest I plan to hold for NEM's future.

At first I simply didn't trust the exchanges but as I spend more time with em I'm not so rushed to pull everything out into USD. Particularly coinbase and their teaming up with Fidelity, I feel it's safe to keep assets there... perhaps even safer than my local banks since neither of them have 2 factor authentication.   GDAX is a nice platform.  Kraken has missed out on quite a bit of business that I've given to Gemini, Coinbase, Bittrex, and Poloniex, because of their not listing NEM.

[kocodile]

check this trezor

[greentea]

I guess someone is happy about harvesting

[wiser]

I fully agree with you. Whenever someone mentions marketing you get answered with "we don't need any hype".
Nem is hardly used by any business, so how  do you expect it to be valuable in the long term.
No matter how good the tech is, if there is no marketing and no one can use it in their daily life it will become useless.
It looks like nem was just a hobby project or a test project for the Nem team. they are too busy creating some other stuff for real businesses like Mijjn and Catapult. And we just hope that some of the success will flow into Nem. Just pathetic. They have a Nem  marketing fund which they do not use and they do not update us about their plans with regard to Nem itself.
No idea why people are so excited with those side projects, currently Catapult that is supposed to come out in August. I doubt we will see any positive effect that causes shops and businesses to implement NEM

It sounds like you're trying to run down the price to scoop up some more. Can you keep doing that, because I put in a super lowball buy order and it would be kind of cool if it filled...

To the one who said they invested family savings in NEM, very, very risky. It might work out, but it also might not, and no matter how good the coin is, only invest what you can afford to lose.

And when you start feeling that you can't afford to lose what's been gained, it's time to take some profits and diversify.

[kocodile]

I fully agree with you. Whenever someone mentions marketing you get answered with "we don't need any hype".
Nem is hardly used by any business, so how  do you expect it to be valuable in the long term.
No matter how good the tech is, if there is no marketing and no one can use it in their daily life it will become useless.
It looks like nem was just a hobby project or a test project for the Nem team. they are too busy creating some other stuff for real businesses like Mijjn and Catapult. And we just hope that some of the success will flow into Nem. Just pathetic. They have a Nem  marketing fund which they do not use and they do not update us about their plans with regard to Nem itself.
No idea why people are so excited with those side projects, currently Catapult that is supposed to come out in August. I doubt we will see any positive effect that causes shops and businesses to implement NEM

It sounds like you're trying to run down the price to scoop up some more. Can you keep doing that, because I put in a super lowball buy order and it would be kind of cool if it filled...

To the one who said they invested family savings in NEM, very, very risky. It might work out, but it also might not, and no matter how good the coin is, only invest what you can afford to lose.

And when you start feeling that you can't afford to lose what's been gained, it's time to take some profits and diversify.

great risk comes with great rewards,
i have 50 % of the family saving into crypto not all(my wife doesn't know it yet lol)
i did it because i hate my job, it's worth risking
i liquidated stellar and dash and chose Nem after i've done my little research
i feel more secure holding nem, the marketing is the only thing that scares me a bit
overall nem is solid .

[ManonLescaut]

when nem will roll out the new marketing plan?
when nem will roll out the new website?

this situation is becoming laughable .

we need precise answers.
we are investing our families saving here

i still think the nem bizarre marketing SUCKS

with the tech that we have we should be at 4 billions by now

I wouldn't worry about that before August results. Also the whole market is down now.

To All: Do we have a telegram chat or something?

• NEMtraders
• NEM::Red
• NEMberia2.0

[tehMoonwalker]

NEM must be doing something right to be #4 in marketcap.

Not many coins have achieved this.
Partnerships are underway, such as mijin, luxtag, dragonfly fintech, chronobank etc.
There is much more that we dont know also in the pipeline. 

at what price do you see it in 1 year?

[franc0]

1.5$

[Sylw83]

In compare to Ripple Nem is to expensive now !!!
Will be 0.10