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

[smart757]

Coins marketcap going from 200bn to 300bn
and XEM is stable
WTF?

one month now XEM is at same price

Nem foundation selling bots is my opinion. There is a constant small wall soaking up any buys and is refilled 24/7.
They are spending a lot of money on their centers and wages etc. Where do you think they are getting it?
btw this theory is based solely on the poloniex order books as I haven't been following the other exchanges

I also thought that the price is manipulated very hard!, but I did not think by NEM itself 😀😀

That is just a speculation. I don't believe NEM foundation is involved with this.
Maybe all we need is just a little more patience for the next pump.

But it's a bit hard to believe that NEM currently is not going up as every other altcoin. And it's way undervalued currently, far under the ATH :/

It is very strange that the price is always stable at 0.20$ !? Can't see that on any other coin except Tether loool
Maybe NEM is the new Tether

What are you talking about it's 0,22$ at the moment and it has been 0,16$ before.

It's risen and dipped here and there, but as a whole it has stayed remarkably close to .20 for quite awhile now. Even when it dips it goes back up to that level, just can't break through above it like most other top 10 alts have done. I have often wondered if this is due to manipulation or not. I guess there is nothing to do but wait and hope we can catch a wave or a big announcement to push us through this .20 barrier and get up into the 4 or 5 bn marketcap territory.. then from there hopefully the sky is the limit.

[1714821102]

1714821102

[Zylon]

Coins marketcap going from 200bn to 300bn
and XEM is stable
WTF?

one month now XEM is at same price

Nem foundation selling bots is my opinion. There is a constant small wall soaking up any buys and is refilled 24/7.
They are spending a lot of money on their centers and wages etc. Where do you think they are getting it?
btw this theory is based solely on the poloniex order books as I haven't been following the other exchanges

I also thought that the price is manipulated very hard!, but I did not think by NEM itself 😀😀

That is just a speculation. I don't believe NEM foundation is involved with this.
Maybe all we need is just a little more patience for the next pump.

But it's a bit hard to believe that NEM currently is not going up as every other altcoin. And it's way undervalued currently, far under the ATH :/

It is very strange that the price is always stable at 0.20$ !? Can't see that on any other coin except Tether loool
Maybe NEM is the new Tether

What are you talking about it's 0,22$ at the moment and it has been 0,16$ before.

It's risen and dipped here and there, but as a whole it has stayed remarkably close to .20 for quite awhile now. Even when it dips it goes back up to that level, just can't break through above it like most other top 10 alts have done. I have often wondered if this is due to manipulation or not. I guess there is nothing to do but wait and hope we can catch a wave or a big announcement to push us through this .20 barrier and get up into the 4 or 5 bn marketcap territory.. then from there hopefully the sky is the limit.

yes, it is always very close to 0.2$!
If there is manipulation then we can do nothing about it for now! We need a much higher traiding volume to avoid or make this kind of manipulation more difficult.
With the present low volume it is way too easy to manipulate NEM!

[Zylon]

BTW why is the XEM volume of Upbit not shown on coinmarketcap ?

[fragout]

BTW why is the XEM volume of Upbit not shown on coinmarketcap ?

Not sure but they did add zaif or should i say count zaif. This is good as there are some exchanges that wouldn't list Nem unless it surpassed $12m volume. It now has due to the addition of Zaif. (source:
NEM with Tony)

[pfrtlpfmpf]

Coins marketcap going from 200bn to 300bn
and XEM is stable
WTF?

one month now XEM is at same price

Nem foundation selling bots is my opinion. There is a constant small wall soaking up any buys and is refilled 24/7.
They are spending a lot of money on their centers and wages etc. Where do you think they are getting it?
btw this theory is based solely on the poloniex order books as I haven't been following the other exchanges

I also thought that the price is manipulated very hard!, but I did not think by NEM itself 😀😀

That is just a speculation. I don't believe NEM foundation is involved with this.
Maybe all we need is just a little more patience for the next pump.

But it's a bit hard to believe that NEM currently is not going up as every other altcoin. And it's way undervalued currently, far under the ATH :/

It is very strange that the price is always stable at 0.20$ !? Can't see that on any other coin except Tether loool
Maybe NEM is the new Tether

What are you talking about it's 0,22$ at the moment and it has been 0,16$ before.

It's risen and dipped here and there, but as a whole it has stayed remarkably close to .20 for quite awhile now. Even when it dips it goes back up to that level, just can't break through above it like most other top 10 alts have done. I have often wondered if this is due to manipulation or not. I guess there is nothing to do but wait and hope we can catch a wave or a big announcement to push us through this .20 barrier and get up into the 4 or 5 bn marketcap territory.. then from there hopefully the sky is the limit.

yes, it is always very close to 0.2$!
If there is manipulation then we can do nothing about it for now! We need a much higher traiding volume to avoid or make this kind of manipulation more difficult.
With the present low volume it is way too easy to manipulate NEM!

If it actually has to do with devs cashing out a lot of our community funds to finance all the awsome projects we have in front of us, then "manipulation" is to harsh a word.
I for one, am willing to suffer a little for the good of my NEMs future.
Doesn´t phaze me, i´m hodling anyway. 

[LemonAndFriesOne]

Coins marketcap going from 200bn to 300bn
and XEM is stable
WTF?

one month now XEM is at same price

Nem foundation selling bots is my opinion. There is a constant small wall soaking up any buys and is refilled 24/7.
They are spending a lot of money on their centers and wages etc. Where do you think they are getting it?
btw this theory is based solely on the poloniex order books as I haven't been following the other exchanges

So I guess I'm not as crazy as many seemed to point out when this first began to happen   .
You're not the only one who has pointed this out.
Let's hope all of this is being done to have the best distribution from all of cryptoland.

But in any case, I am very thankful for the opportunity NEM and other crypto has given to people like me  

[wiser]

If it actually has to do with devs cashing out a lot of our community funds to finance all the awsome projects we have in front of us, then "manipulation" is to harsh a word.
I for one, am willing to suffer a little for the good of my NEMs future.
Doesn´t phaze me, i´m hodling anyway. 

I'm going to choose to go with the above theory. I hope if that's the case that some of the funds get put towards a solid marketing effort.

[my_btt_acc_was_stolen]

right now it could go down plenty further for no particular reason.

The only reason nem price dumping - it's mainly traded on polo

polo trade bot dump it slow, carefully, not more then 10% a day. It always fill buy side ~60 BTC, and sell side ~100m xem. Always. If someone tries push price up, polo dump it in a few hours to previous level. not more.
and dump it by ~10% then bitcoin begin quick rise.

Some one earlier sad that xem trade mostly is real. Bullshit. it is completely manipulated by bot. And that bot is tuned to slow DUMP.
Hope things is change after catapult release

almost a year ago
And all the same

[Thingamajig]

If it actually has to do with devs cashing out a lot of our community funds to finance all the awsome projects we have in front of us, then "manipulation" is to harsh a word.
I for one, am willing to suffer a little for the good of my NEMs future.
Doesn´t phaze me, i´m hodling anyway.  

I'm going to choose to go with the above theory. I hope if that's the case that some of the funds get put towards a solid marketing effort.

The majority of crypto prices, volumes and market cap is a lie. This is due to exchanges working together to price fix through bots on their site, often giving them and advantage by allowing bots to trade when their site is down.

You've also got the drama unfolding now of Bitfinex "Printing" tethers out of nowhere (while using a bot to maintain its 1usd value) to then later pump bitcoin/alts on the market. For example:

https://pbs.twimg.com/media/DPpJPsiW4AAqsSq.jpg:large

In fact, i'd wager, the vast majority of coins out there, NEM included, has been suckered into this massive exchange manipulation thats going on, done through the creation of Tether. This rabbit hole goes deep and if i had invested any sizable sum into the market, i'd be extremely worried and have probably dumped some time ago.


If you use Bitfinex, or ANY exchange that trades Tether, i'd seriously consider withdrawing funds/selling/get an exit strategy in order, cos if this unfolds in the way it could, this could quite plausibly ruin the market. Think mount Gox -- they pulled the same stunt, with the same bots and manipulation. but this is across multiples of exchanges through the creation of Tether.

I believe This is going to end bad.
 
Unless decentralized exchanges are worked on asap, they will be the undoing of the market. Too many of them have far too much influence and are mostly ran by professional criminals and scammers. They are nothing but the corrupt banksters of the crypto world.
                                                                                                                                        

[pfrtlpfmpf]

right now it could go down plenty further for no particular reason.

The only reason nem price dumping - it's mainly traded on polo

polo trade bot dump it slow, carefully, not more then 10% a day. It always fill buy side ~60 BTC, and sell side ~100m xem. Always. If someone tries push price up, polo dump it in a few hours to previous level. not more.
and dump it by ~10% then bitcoin begin quick rise.

Some one earlier sad that xem trade mostly is real. Bullshit. it is completely manipulated by bot. And that bot is tuned to slow DUMP.
Hope things is change after catapult release

almost a year ago
And all the same

Wow, wow, stop right there. Have you forgotten, which run up we had since last year ?
You´re not fair !
Why am i suddenly talking to bots now ?  

Ok, dear bot, we´re taking a little breather now, if thats ok with you. Then we just switch you off. How´s that ?

[Xodor]

I would like to see NEM by the end of the year for 50 + cents. All the perspectives of growth are also good news, and soon their stock exchanges, there must go injections into it

[gentlemand]

I would like to see NEM by the end of the year for 50 + cents. All the perspectives of growth are also good news, and soon their stock exchanges, there must go injections into it

This year?

I think that's a big fat nope. It seems extremely content at the 20c mark.

[BitcoinArsenal]

I am wondering if anyone already recognized that NEM is rated best on coincheckup.com, a service that is doing extensive research on crypto projects. Just go to the start site and sort the list for score. Then NEM is listed at the top 

[ruletheworld]

I am wondering if anyone already recognized that NEM is rated best on coincheckup.com, a service that is doing extensive research on crypto projects. Just go to the start site and sort the list for score. Then NEM is listed at the top 

An interesting data point. This is their NEM analysis: https://coincheckup.com/coins/nem/analysis
NEM loses a lot of points in Team and Business/Company sections. The advisory board section as well although it matters less. Would be interesting if they can list the NEM project advisors on the website, and perhaps get some 'big names' on board?

[svennnny]

+12% can it hold ?!

[Cryptoforthefuture99]

+12% can it hold ?!

Could finally make its move. Pretty exciting!

[yonton]

I think its highly unlikely 90% of alts will ever make a new ATH vs btc again. The pool is diluted and bitcoin has become a success, leaving alts in its dust.

[gentlemand]

I think its highly unlikely 90% of alts will ever make a new ATH vs btc again. The pool is diluted and bitcoin has become a success, leaving alts in its dust.

There's an ocean of room for alts to grow too, but in terms of the actual ALT/BTC ratio then yes I think it's conceivable none of the major ones will ever be as high again.

Better to switch to USD and then alt holders will feel less hard done by.

But let's see what the inevitable Bitcoin correction looks like before declaring anything.

[bribed]

I would like to see NEM by the end of the year for 50 + cents. All the perspectives of growth are also good news, and soon their stock exchanges, there must go injections into it

This year?

I think that's a big fat nope. It seems extremely content at the 20c mark.

Yeah definitely, extreeeeemly content I would say. It stayed there the whole year with only some little swings once and then, hopefully it will gain some traction in 2018!

[Thingamajig]

If the whole exchange manipulation of Tethers pans out in the way i think it will, i'd expect NEM to be worth about 10 cents a coin in the coming year, possibly less.


ALOT of coins, bitcoin in particular, are going to implode once this huge exchange ponzi tether scam is blasted out in the open. This is the "bubble" that people have talked so much about, except it's an entirely artificial one, it's worse than we first thought.

All orchestrated by exchanges. The bane of Crypto existence. Might be worthwhile investing in any decentralized exchange projects if any of them are going on. I foresee them getting very popular soon.