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

[wiser]

Hi all, I was seeking a confirmation of this fact: XEM is a cryptocurrency which is NOT a fork or some sort of Bitcoin. Is it correct?
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!

That's actually a funny question, only because when NEM was coded from scratch there was only one Bitcoin, and I don't think anyone anticipated the multiple forks it's having now.

NEM was originally going to be a clone of NXT. NXT was the first of what was called the second generation of cryptocurrency back in the day. Rather than proof of work mining, it confirmed blocks through a process called forging. The entire coin was released at once in a genesis block so the forging address would get any coins that were transaction fees. NXT had some initial technical difficulties which NEM was going to address. And then the developers decided to just code the whole thing from scratch. NEM is a complete original.

[centrum]

Alts should grow soon but it's unlikely to ever reach new ath's vs bitcoin again

That is my concern as well.
Bitcoin has gained a market share of more than 50% which is unusual.
I believe that won't last for long.

Market share of BTC already dropped during the last days.
Some alts reached new ATHs ...

I am very bullish on NEM

Hi mate, do you know the ATH of xem in terms of dollar value? I do hope xem will be bullish in the next couple of days. I already bought some to add in my folio.

[fragout]

Alts should grow soon but it's unlikely to ever reach new ath's vs bitcoin again

That is my concern as well.
Bitcoin has gained a market share of more than 50% which is unusual.
I believe that won't last for long.

Market share of BTC already dropped during the last days.
Some alts reached new ATHs ...

I am very bullish on NEM

Hi mate, do you know the ATH of xem in terms of dollar value? I do hope xem will be bullish in the next couple of days. I already bought some to add in my folio.

I think it was around the $0.30 for for a short time.

[CryptoNeed]

Alts should grow soon but it's unlikely to ever reach new ath's vs bitcoin again

That is my concern as well.
Bitcoin has gained a market share of more than 50% which is unusual.
I believe that won't last for long.

Market share of BTC already dropped during the last days.
Some alts reached new ATHs ...

I am very bullish on NEM

https://i.imgur.com/VtrChVD.jpg

Hi mate, do you know the ATH of xem in terms of dollar value? I do hope xem will be bullish in the next couple of days. I already bought some to add in my folio.

I think it was around the $0.30 for for a short time.

2017-08-31: $0.358 on Bittrex

[ruletheworld]

Hi all, I was seeking a confirmation of this fact: XEM is a cryptocurrency which is NOT a fork or some sort of Bitcoin. Is it correct?
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!

That's actually a funny question, only because when NEM was coded from scratch there was only one Bitcoin, and I don't think anyone anticipated the multiple forks it's having now.

NEM was originally going to be a clone of NXT. NXT was the first of what was called the second generation of cryptocurrency back in the day. Rather than proof of work mining, it confirmed blocks through a process called forging. The entire coin was released at once in a genesis block so the forging address would get any coins that were transaction fees. NXT had some initial technical difficulties which NEM was going to address. And then the developers decided to just code the whole thing from scratch. NEM is a complete original.

Also, don't forget the proof of importance protocol instead of pure proof of stake. That's something unique to NEM as well.

[serian]

I see lots of marketing going on around NEM in Twitter. Glad to see such progress.

[CryptoNeed]

It's about to begin 

[X3NO]

It's about to begin 

I think so too! 

[Zylon]

It's about to begin 

I think so too! 

Take a look at these charts, NEM will be huge next year!

https://www.tradingview.com/symbols/XEMUSD/

[LemonAndFriesOne]

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.

This is funny  Don't even know how Tether even comes into play, it's just another altcoin 

[CryptoNeed]

It's about to begin 

I think so too! 

Take a look at these charts, NEM will be huge next year!

https://www.tradingview.com/symbols/XEMUSD/

imho when btc sores so high, you rather want to check the XEM/BTC pair. Compared to BTC almost every alt coin is incredibly cheap.
I dropped another payload to NEM

[gentlemand]

This is funny   Don't even know how Tether even comes into play, it's just another altcoin  

Do a little reading and your smile will erase at the possibilities for doom it offers.

It's not really an alt. It's possibly nearly a billion dollars of buying created out of thin air but no one really knows.

[revelacaogr]

Crypto startup Zeus Exchange uses Chinese tech to transform shares via blockchain

http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/

It will soon be possible to buy shares anonymously and securely anywhere in the world via cryptocurrency. And for smaller investors, shares of shares will be available, all for almost no transaction fees. TechCrunch Shanghai exhibitor, Russian startup Zeus Exchange, has registered in Singapore and become licensed in Cyprus to trade shares using the smart asset blockchain—the world’s first—developed by Chinese firm NEM. The framework could be particularly successful in China due to it allowing access to exchanges all around the world via Cyprus. Plus anonymously, and at small scale.

China is the only country in the world where individuals investors far exceed institutional traders: their trades make up 80% of the country’s $7.6 trillion market. They are the most active traders in the world and skeptical of funds as managers in the past have been known to engage in unethical manipulation of the market.

The process behind Zeus is somewhat complicated. An institutional investor that is holding a share of a company for the long term can effectively rent it out for a fee for a fixed term. The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM’s blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies—in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies). When the exchange becomes fully functional in March 2018, it will effectively be able to decentralize a stock exchange...........

[wiser]

Great to see NEM enjoying some positive price action today

[pfrtlpfmpf]

Hi all, I was seeking a confirmation of this fact: XEM is a cryptocurrency which is NOT a fork or some sort of Bitcoin. Is it correct?
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!

That's actually a funny question, only because when NEM was coded from scratch there was only one Bitcoin, and I don't think anyone anticipated the multiple forks it's having now.

NEM was originally going to be a clone of NXT. NXT was the first of what was called the second generation of cryptocurrency back in the day. Rather than proof of work mining, it confirmed blocks through a process called forging. The entire coin was released at once in a genesis block so the forging address would get any coins that were transaction fees. NXT had some initial technical difficulties which NEM was going to address. And then the developers decided to just code the whole thing from scratch. NEM is a complete original.

Also, don't forget the proof of importance protocol instead of pure proof of stake. That's something unique to NEM as well.

 Yep, but price doesn´t care about tech, it´s just allways hype,
But believe you me, once we get out of this hype-cicle, we have somethings to say.
NEM is like a spring, loading . . . .

[LemonAndFriesOne]

This is funny   Don't even know how Tether even comes into play, it's just another altcoin  

Do a little reading and your smile will erase at the possibilities for doom it offers.

It's not really an alt. It's possibly nearly a billion dollars of buying created out of thin air but no one really knows.

Any FIAT/CRYPTO gateway should be considered the doomsday device then, the people coming into crypto space now are mostly dealing with FIAT->BTC not FIAT->USDT->BTC.

I can see traders being worried, not so much average joes who plan to hodl.

I don't see the reason to panic honestly.

[suky321]

Crypto startup Zeus Exchange uses Chinese tech to transform shares via blockchain

http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/

It will soon be possible to buy shares anonymously and securely anywhere in the world via cryptocurrency. And for smaller investors, shares of shares will be available, all for almost no transaction fees. TechCrunch Shanghai exhibitor, Russian startup Zeus Exchange, has registered in Singapore and become licensed in Cyprus to trade shares using the smart asset blockchain—the world’s first—developed by Chinese firm NEM. The framework could be particularly successful in China due to it allowing access to exchanges all around the world via Cyprus. Plus anonymously, and at small scale.

China is the only country in the world where individuals investors far exceed institutional traders: their trades make up 80% of the country’s $7.6 trillion market. They are the most active traders in the world and skeptical of funds as managers in the past have been known to engage in unethical manipulation of the market.

The process behind Zeus is somewhat complicated. An institutional investor that is holding a share of a company for the long term can effectively rent it out for a fee for a fixed term. The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM’s blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies—in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies). When the exchange becomes fully functional in March 2018, it will effectively be able to decentralize a stock exchange...........

"developed by Chinese firm NEM" lol

[Neversettle]

Crypto startup Zeus Exchange uses Chinese tech to transform shares via blockchain

http://technode.com/2017/11/28/crypto-startup-zeus-exchange-uses-chinese-tech-to-transform-shares-via-blockchain/

It will soon be possible to buy shares anonymously and securely anywhere in the world via cryptocurrency. And for smaller investors, shares of shares will be available, all for almost no transaction fees. TechCrunch Shanghai exhibitor, Russian startup Zeus Exchange, has registered in Singapore and become licensed in Cyprus to trade shares using the smart asset blockchain—the world’s first—developed by Chinese firm NEM. The framework could be particularly successful in China due to it allowing access to exchanges all around the world via Cyprus. Plus anonymously, and at small scale.

China is the only country in the world where individuals investors far exceed institutional traders: their trades make up 80% of the country’s $7.6 trillion market. They are the most active traders in the world and skeptical of funds as managers in the past have been known to engage in unethical manipulation of the market.

The process behind Zeus is somewhat complicated. An institutional investor that is holding a share of a company for the long term can effectively rent it out for a fee for a fixed term. The broker then uses this real share as the basis for creating a crypto asset which can be bought by clients of the broker via NEM’s blockchain ledger system and its XEM cryptocurrency (one of the top ten cryptocurrencies—in future, it will be possible to use other cryptocurrencies and the exchange will also allow trading between cryptocurrencies). When the exchange becomes fully functional in March 2018, it will effectively be able to decentralize a stock exchange...........

"developed by Chinese firm NEM" lol

 

march 2018 would be amazing !

[poer]

http://explorer.ournem.com/#/harvestingCalculator

[je@ngrey83]

Hi all, I was seeking a confirmation of this fact: XEM is a cryptocurrency which is NOT a fork or some sort of Bitcoin. Is it correct?
Should be like that reading the materials from the official sources, but if someone can doubleconfirm I would appreciate.
THX!

That's actually a funny question, only because when NEM was coded from scratch there was only one Bitcoin, and I don't think anyone anticipated the multiple forks it's having now.

NEM was originally going to be a clone of NXT. NXT was the first of what was called the second generation of cryptocurrency back in the day. Rather than proof of work mining, it confirmed blocks through a process called forging. The entire coin was released at once in a genesis block so the forging address would get any coins that were transaction fees. NXT had some initial technical difficulties which NEM was going to address. And then the developers decided to just code the whole thing from scratch. NEM is a complete original.

Also, don't forget the proof of importance protocol instead of pure proof of stake. That's something unique to NEM as well.

Thank you all for this. I really wanted to add something original to my portfolio but I was finding only btc clones of sort. Glad I'm in!