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

[natta sells usb]

From Mexxer, a mod in our Telegram channel https://t.me/nemred

If you want NEM to be listed on its first Chinese exchange please help us win this vote https://www.binance.com/vote.html

All you need to do is register at binance, and tell us your BNB deposit address. We will then send you 0.1 BNB to your account which you then have to use to cast a vote. Please fill out this form so we can keep it managable: https://docs.google.com/forms/d/e/1FAIpQLScPPSPTIckUXn3_lUBGCshoKkVEbZVCybSjJhveesdpKlaVOQ/viewform

It takes you 5 minutes to open an account on Binance and it will help NEM a lot if we can make them listen on this big chinese exchange, let's go guys !

[imoRomi]

From Mexxer, a mod in our Telegram channel https://t.me/nemred

If you want NEM to be listed on its first Chinese exchange please help us win this vote https://www.binance.com/vote.html

All you need to do is register at binance, and tell us your BNB deposit address. We will then send you 0.1 BNB to your account which you then have to use to cast a vote. Please fill out this form so we can keep it managable: https://docs.google.com/forms/d/e/1FAIpQLScPPSPTIckUXn3_lUBGCshoKkVEbZVCybSjJhveesdpKlaVOQ/viewform

It takes you 5 minutes to open an account on Binance and it will help NEM a lot if we can make them listen on this big chinese exchange, let's go guys !

Done.. i'm a 105th voter for NEM.

[nzminer]

ive just voted too

[ormin79]

Hi all. How much do you think NEM will cost for the new year? Satoshi and cents?

I guess XEMUSD at the turn of the year will land in few cents area (3 to 6 cents),
XEMBTC - in area 500-1500sat (with Bitcoin price somwhere in range of 4000-6000$ after climbing to 7000-8000 and massive correction). I can be wrong if NEM Foundation has some good news behind the belt, but i dont think so. Deep correction after big gains in case of XEM is repeating pattern for his trading pairs. In other words, when Bitcoin is still in bull mode, XEMUSD produce sideways moves with tendency to little fading (around 20cents). But after the end of this wave in case of BTCUSD, there should be deeper correction, and slaughter on the alts, especially on those dont have good fundamental news. I remember about SegWit2x of course, that case can cause Bitcoin's problems to sustain his upward move (now this move is fueled mainly by speculators collecting BTC to get Bitcoin2x). After SegWit2x fork we can see deep volatility in BTCUSD, and wild volatility (with deep flash crashes in price) for example in XEMUSD and XEMBTC. So the price of few cents and 1000sat or lower can be of course reached in one massive, shortlived dump, after that return even to 10cents+ area and than could be fading to few cents. So keeping some Fiat (JPY) on ZAIF and pending orders (3-7JPY) could be very profitable i think.

In Spring/late Spring of 2018 however i see the price of XEM @new ATH (1$ or higher) and Bitcoin around 10000$ or higher. So in the nearest future (let's say December 2017 and January 2018) is good time to accumulate XEMs for good returns further in the next year. The cheaper, the better.

3-6 cents? I don't think so:
-Catapult release this year
-first time in a Korean exchange next month
-it seems like bitflyer will add NEM to their exchange
-COMSA will start directly with some ICO's
-Japan is the biggest crypto market and NEM is very popular in Japan

If the whole market will crash we might see 15-10 cents.
For 3-6 cents we must be in a bubble right now and I don't think that we have a bubble.

Okay i understand the arguments like this. But saying that in Cryptoworld some thing is impossible can lead to ... failure. I have chosen to be prepared for good scenario (so I hold significant part of my XEMs stack, of course partially sold in May/June), but have also some reserves (from taking profit in May/June) for tanking cheap XEMs from weak hands and unwise specultors (from those who likes buying expensive and dump with loss in panic). Panic moves are always possible (around Segwit2x drama, and after that drama) and awaited by me, but i will be not cry when XEM will skyrocket after some good infos, cause i'am prepared for that scenario too. But for now i have inevitable impression (not even from chart analysis but from my gut) that XEM must go to limbo, and after that limbo new Moontime is of course possible and expected.

I find always very funny and entertaining to see such kind of speculations.....

We can kind of predict that a cryptocurrency will do well, will rise according
to the development plans... but beeing able to attach a value is just fantasy

And actually that is the same to predict a full drop to limbo ;-)

Very friendly and with no offence from my side , but did You noticed that my "predictions" dont even pretend to be a biblical or prophecies made by Nostradamus, they are better to describe as conditional scenarios. If market do one of those scenarios, i will take further steps accordingly to the situation. But i dont write that all this scenarios must happen. They only may happen, and i of course always allow possibility that i can be completly wrong (when we take into account that all this are mainly impressions from my guts, not only from technical and fundamental analysis), cause i am not almighty and omniscient.

This is example of conditional scenario in my writings:

" In other words, when Bitcoin is still in bull mode, XEMUSD produce sideways moves with tendency to little fading (around 20cents)" (by the way this happen now, XEMUSD is quoted now between 19-20cents, after BTCUSD try to retake 6000 after some dump activity in this pair).

And i even dont dare to predict in scenarios like this exact value, i'am not writing exactly 20cents, instead i use "around 20 cents". In describing scenario, when XEMUSD can go to limbo after BTCUSD flashcrash (one more time it's condition, not prediction, so better to write in case of BTCUSD flashcrash), i used 3-6 cents area or zone, but i could also use 0-15cents and that of course could be safer from my side. But i think when i create some scenario i have a right to be much more precise, atrough i know that prediction of exact value in exact time is very hard or almost impossible (i say almost, cause in my speculative live in Crypto i found it someway easier then in other markets, and not so impossible).

One last thing. I share these scenarios and my thougths here from good heart. One can take it into consideration, another can laugh or ignore. Cheers;)

edit//
Few words about guts feelings. I feel that BTCUSD prepare one last jump significantly above 6000 (let's say 6700-8400$ wide zone, however 6700 is minimum for me) before Segwit2x activation (or short time after this event). In that case XEMUSD can have volatile moves up and down, but for me closed daily bars are significant and those prices on close i think will stay in sideways/little fading move. So after Bitcoin's sucesful attack we can easily see XEMUSD pricing in range 16-20 cents. And as i wrote earlier, after Segwit2x the most probable (but not guaranteed) scenario is flashcrash @BTCUSD (as described in waves counting here: https://www.tradingview.com/chart/BTCUSD/939kyuiy-Waves-counting-and-future-moves-anticipating/)
and unfolding slaughter @Alts/BTC and Alts/USD pairs. When i look into Weekly chart of BTCUSD and it's parabolic nature, that gives me more confidence, that every deeper pullback in case of BTCUSD is viewed by market as possible end of burst (last time it was that with pullback from 5000 to 3000, i was thinking even that it is end of Bitcoin's burst, but after that i had to change my view and previous waves counting - humanum errare est, insipientis in errore perseverare). And of course i can be in this view completely wrong:). Time and market behaviour will judge this.

I quote that just to remind. Did You all believe still that XEM has chance to stay above 10-15cents area? I believe now that XEM will be dumped hard to few cents, after flashcrash on the whole cryptomarket, when BTC will finish his "window dressings" wave of fouls (so called 5th wave according to Elliot Waves Theory - dumb money sells off it's altcoins to get in the trend in BTCUSD - that's so pathetic:)).
And XEM has his own price formations, that looking for now very ugly.
https://www.tradingview.com/chart/XEMUSD/FQ0quudI-Situation-is-getting-ugly-here/
I'am not a "prophet of doom" of course. But XEMs bubble had two significant ATHs and now deep correction after that is normal (in circumstances of cryptomarket). But even with this dump i dont sell all my XEMs (can only play smaller chunks to retake lower), because it's Ninja Style pumps are not fully predictable, so the best strategy here is HODL even if You have bought for 20cents+, or cut Your losses partially (50% of coins) to retake it significantly lower, that's only solution for people that invested here "in trend". Even if XEM will start unexpected pump they will stay with 50% of coins and will be winners in longterm perspective. I remember my own problems in 2016 after pump to around 1,5cent. It was painful (price retraced to 0.003$ so very significantly and deep). But i holded all my XEMs even without selling it to retake lower, because i had faith in this coin and whole NEM concept. Now is the same situation, but i have learned my lesson and now i'am less stressed as hodler than before.

[helloinox]

https://blog.nem.io/hot-cold-wallet/

NEM cold mobile wallet that can be used to send/receive fund easily.

Need to use two mobile devices.  
1) Create-sign app on never connected to Internet mobile device - to create the transaction and sign it with private key.
2) Broadcast app on regular mobile - to broadcast the transaction to the NEM network.

This means a user has the security of an offline cold storage but that they can actually send and receive XEM. This is thanks to NEM's powerful APIs and tiered architecture designed from the ground up with 100% new code.

Okay that is a very nice feature.

[gentlemand]

Is it not a tad pathetic that at this stage of the game it's still necessary to scrabble around with popularity contests like this? Especially when shite I've never heard of is massively outgunning it.

[KloNEM]

I quote that just to remind. Did You all believe still that XEM has chance to stay above 10-15cents area? I believe now that XEM will be dumped hard to few cents, after flashcrash on the whole cryptomarket, when BTC will finish his "window dressings" wave of fouls (so called 5th wave according to Elliot Waves Theory).

Agree with you. XEM is already dumping hard now (hardest from the TOP15, let's say), and this trend will be (IMHO) continuing, according to "no exact dates for some big news, almost no [significant] news at all, not so much of marketing activity, etc" ... simply hard times for us, longterm NEM believers. But to be honest, due to BTC pumping, now is hard time for (almost) every altcoin hodlers...

[jztxeno]

https://preorder.trezor.io

If the original one doesn't I'm going to be seriously annoyed. I bought one just for XEM. It's still sitting there unopened.

So did I.
AFAIK old devices are supported with a firmware update. But haven't tested it yet. Not even sure if the update is released yet.

Same here, my Trezor is still unopened. I don't think they've released a firmware update yet. Pretty sure old devices will also be supported since the guy who developed the code (Saleem) did all tests in an old Trezor.

XEM will still be supported in the older model. https://twitter.com/TREZOR/status/926017335177236481

[bitpszemek]

I have came up with an idea how to use NEM asset in the real life. https://chainges.co - I organize blockchain and cryptocurrency conference where I use NEM assets as a disscount system and tickets.

I would like to ask you for help in shaping this event (: I will be happy if you can chceck the website and let me knwo what you think about the survey. The idea is that all of us - the community decides about the content, partners etc. so I need your thoughts!

More about an idea: https://steemit.com/blockchain/@chainges/let-s-shape-the-first-real-usable-event-together-chainges

Let know what you think!

[suky321]

Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:

ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease

All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.

[fragout]

Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:

ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease

All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.

Except Nem has a sell bot which has been chasing the price down all the way. Look for the 10 to 20 btc sell wall. You cant stop traders doing what they do, but i would be pissed if this is the Nem foundation bot.

[Zylon]

Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:

ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease

All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.

According to the BTC you are right, but when you take look at the US Dollar then NEM / NEO / Ripple are the big losers!
Many things has to be changed on NEM (especially marketing,exchanges, community), we need more stable members and not so many gamblers.
But the NEM team are going to change these problems, we have to be patient...

[fragout]

Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:

ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease

All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.

According to the BTC you are right, but when you take look at the US Dollar then NEM / NEO / Ripple are the big losers!
Many things has to be changed on NEM (especially marketing,exchanges, community), we need more stable members and not so many gamblers.
But the NEM team are going to change these problems, we have to be patient...

You are correct of course. Especially if you compare Nem to some of the coins/teams around it. I still cant figure out though why volume is so low compared to these other coins but i guess the old saying - if you build it , they will come - holds true here.

[suky321]

Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:

ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease

All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.

According to the BTC you are right, but when you take look at the US Dollar then NEM / NEO / Ripple are the big losers!
Many things has to be changed on NEM (especially marketing,exchanges, community), we need more stable members and not so many gamblers.
But the NEM team are going to change these problems, we have to be patient...

You are correct of course. Especially if you compare Nem to some of the coins/teams around it. I still cant figure out though why volume is so low compared to these other coins but i guess the old saying - if you build it , they will come - holds true here.

Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM.  Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.  

[gentlemand]

Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM.  Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.  

There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.

Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.

The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.

[kauppalahti]

I quote that just to remind. Did You all believe still that XEM has chance to stay above 10-15cents area? I believe now that XEM will be dumped hard to few cents, after flashcrash on the whole cryptomarket, when BTC will finish his "window dressings" wave of fouls (so called 5th wave according to Elliot Waves Theory).

Agree with you. XEM is already dumping hard now (hardest from the TOP15, let's say), and this trend will be (IMHO) continuing, according to "no exact dates for some big news, almost no [significant] news at all, not so much of marketing activity, etc" ... simply hard times for us, longterm NEM believers. But to be honest, due to BTC pumping, now is hard time for (almost) every altcoin hodlers...

Well....some news are coming from my side soon : ) when all the bells and whistles are
tuned.

[Zylon]

Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM.  Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.  

There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.

Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.

The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.

As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes.
So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM!
The question is, why Zaif do not publish their trading volume!?!

[Neversettle]

Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM.  Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.  

There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.

Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.

The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.

As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes.
So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM!
The question is, why Zaif do not publish their trading volume!?!

they just dont have fees. the volume is published

[machamizu]

Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM.  Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.  

There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.

Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.

The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.

As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes.
So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM!
The question is, why Zaif do not publish their trading volume!?!

Trading volume is published, you can also check it at Cryptocurrency Market Capture >> https://coinmarketcap.com/currencies/nem/#markets
Volume traded at Zaif is excluded because of no trading fee.

[Zylon]

Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM.  Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.  

There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.

Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.

The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.

As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes.
So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM!
The question is, why Zaif do not publish their trading volume!?!

Trading volume is published, you can also check it at Cryptocurrency Market Capture >> https://coinmarketcap.com/currencies/nem/#markets
Volume traded at Zaif is excluded because of no trading fee.

thx!
But why did Alexandra said, that the volume is so low because Zaif doesn't publish their volume!?
At the end we need much more volume and I hope that with the marketing plan for next year this issue will be solved!