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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2983969 times)
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cryptonit
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February 02, 2018, 06:13:14 AM
 #35501

all markets are down anyway, nothing to worry about.

You’re awfully relaxed

Any more news or is it just India etc

experience make u face days like that relaxed
we did see btc 1100 2013 and below 200 in 2014

with such experience
today is just a storm in a waterglass

when many people panic

the successful investor see just opportunities

keep cool
act clever

 
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Alohaboy?!
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February 02, 2018, 07:13:07 AM
 #35502

all markets are down anyway, nothing to worry about.

You’re awfully relaxed

Any more news or is it just India etc

experience make u face days like that relaxed
we did see btc 1100 2013 and below 200 in 2014

with such experience
today is just a storm in a waterglass

when many people panic

the successful investor see just opportunities

keep cool
act clever

I think many people just want to get out of bitcoin, since they thought it would go up to 100k immediately. The Altmarket is quite stable and you don't have to forget, the lower BTC is, the higher the possibility to have a new ATH for the alts (btc wise)
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February 02, 2018, 07:26:08 AM
 #35503

all markets are down anyway, nothing to worry about.

You’re awfully relaxed

Any more news or is it just India etc

There's nothing to do except be awfully relaxed. This is crypto. It goes up, it goes down. Funny you never asked why things went up 10x-100x last year.
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February 02, 2018, 07:33:49 AM
 #35504

We should wait quietly, and don't make reckless moves. It's a good time only for buying, but not for selling.

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February 02, 2018, 07:34:57 AM
 #35505

Only recently I became interested in NEM, probably because I heard Jeff McDonald's speeches on youtube, and also I took part in Loyalcoin bounty program.
But I decided not to wait and buy some NEW on Cryptopia.

1782 pages here! Long time to read, but I will need time to scroll everything as at least read some parts, as still I don't understand many things and the wallet seems difficult to me.

Also I have 1 idea, I sent e-mail through NEM's site, but no response, may be I'll get it, but if some people from NEM are here may be we can discuss it?
If in brief it's idea of site/service which will use NEM as currency and may be as platform.

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February 02, 2018, 10:06:34 AM
 #35506

Only recently I became interested in NEM, probably because I heard Jeff McDonald's speeches on youtube, and also I took part in Loyalcoin bounty program.
But I decided not to wait and buy some NEW on Cryptopia.

1782 pages here! Long time to read, but I will need time to scroll everything as at least read some parts, as still I don't understand many things and the wallet seems difficult to me.

Also I have 1 idea, I sent e-mail through NEM's site, but no response, may be I'll get it, but if some people from NEM are here may be we can discuss it?
If in brief it's idea of site/service which will use NEM as currency and may be as platform.

Hello there!

Pls. join to Telegram https://t.me/nemred
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February 02, 2018, 10:11:26 AM
 #35507

Pls. join to Telegram https://t.me/nemred

Thanks, joined!
Almost 10 000 members there! I can imagine how many messages appear there daily! But I'll try to read them, as well as all the pages in this thread)

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February 02, 2018, 11:40:56 AM
 #35508

Pls. join to Telegram https://t.me/nemred

Thanks, joined!
Almost 10 000 members there! I can imagine how many messages appear there daily! But I'll try to read them, as well as all the pages in this thread)


I think you are good to go to follow twitter and join the telegram. some reading one the homepage will be way better than reading the whole thread over here

nemwanderer
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February 02, 2018, 11:45:19 AM
 #35509

all markets are down anyway, nothing to worry about.

You’re awfully relaxed

Any more news or is it just India etc

There's nothing to do except be awfully relaxed. This is crypto. It goes up, it goes down. Funny you never asked why things went up 10x-100x last year.

I did actually, but fair points.

We’re all still up from November. But the issue I’ve always feared is a total trapdoor in crypto like in 2014, when so much value is erased that the market enters a multi-year dead cycle. Seems like there’s too much momentum now for that, but that to me is the main risk (e.g. BTC 1500 given).
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February 02, 2018, 12:44:12 PM
 #35510

NEM hack via Coincheck estimated at $700+ million

What does this mean for the overall market?
We can’t be sure obviously but so far the news has primarily only affected $XEM value (18%).
Coincheck is a large exchange in Japan but doesn’t make up huge total market volume.
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February 02, 2018, 01:12:43 PM
 #35511

I think you are good to go to follow twitter and join the telegram. some reading one the homepage will be way better than reading the whole thread over here

I read already homepage and some posts on NEM forum, yes you are right I'll follow all social media accounts.
And this thread of course I won't read all posts, I'll scroll everything and will read the most interesting parts

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February 02, 2018, 04:04:45 PM
 #35512

Does anybody can deposit or withdraw XEM on Bittrex? Is it somehow related to Coincheck hack? Or it is unrelated and that's regular maintenance? Because it is 2nd day I can't deposit or withdraw.
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February 02, 2018, 10:25:06 PM
 #35513

Nem has been absolutely hammered since reaching its ath a few weeks ago. Granted it shot up to 2 dollars too fast, but is worth barely a quarter of what it was worth a few short weeks ago. Being down 70+% is worrisome.
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February 02, 2018, 10:33:09 PM
 #35514

do know what happened to huge amount stolen from coincheck xem? are the stolen coin addresses available? Have the coins already been dropped on exchanges?

.
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February 02, 2018, 10:37:55 PM
 #35515

do know what happened to huge amount stolen from coincheck xem? are the stolen coin addresses available? Have the coins already been dropped on exchanges?

All funds are traceable and NEM foundation is marking all accounts with the stolen funds.
only about 1100 XEM has been moved around AFAIK, and no XEM has been moved to any exchanges yet.

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
wiser
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February 02, 2018, 11:48:46 PM
 #35516

do know what happened to huge amount stolen from coincheck xem? are the stolen coin addresses available? Have the coins already been dropped on exchanges?

All funds are traceable and NEM foundation is marking all accounts with the stolen funds.
only about 1100 XEM has been moved around AFAIK, and no XEM has been moved to any exchanges yet.

I think the thieves will have a very difficult time cashing out. Five percent of the entire NEM supply has been effectively taken out of circulation. I mean, it can technically "circulate," but it's tainted.
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February 03, 2018, 01:36:23 AM
 #35517

do know what happened to huge amount stolen from coincheck xem? are the stolen coin addresses available? Have the coins already been dropped on exchanges?

All funds are traceable and NEM foundation is marking all accounts with the stolen funds.
only about 1100 XEM has been moved around AFAIK, and no XEM has been moved to any exchanges yet.

I think the thieves will have a very difficult time cashing out. Five percent of the entire NEM supply has been effectively taken out of circulation. I mean, it can technically "circulate," but it's tainted.

My guess is the exchange and hacker will reach some kind of settlement with regards to this stolen NEM. Seems like an impasse at the moment, but perhaps there are talks going on that aren't public already.
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February 03, 2018, 02:48:15 AM
 #35518

do know what happened to huge amount stolen from coincheck xem? are the stolen coin addresses available? Have the coins already been dropped on exchanges?

All funds are traceable and NEM foundation is marking all accounts with the stolen funds.
only about 1100 XEM has been moved around AFAIK, and no XEM has been moved to any exchanges yet.

I think the thieves will have a very difficult time cashing out. Five percent of the entire NEM supply has been effectively taken out of circulation. I mean, it can technically "circulate," but it's tainted.

My guess is the exchange and hacker will reach some kind of settlement with regards to this stolen NEM. Seems like an impasse at the moment, but perhaps there are talks going on that aren't public already.

Very possible, that sort of thing would not be disclosed at this time.

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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February 03, 2018, 03:11:02 AM
 #35519

do know what happened to huge amount stolen from coincheck xem? are the stolen coin addresses available? Have the coins already been dropped on exchanges?

All funds are traceable and NEM foundation is marking all accounts with the stolen funds.
only about 1100 XEM has been moved around AFAIK, and no XEM has been moved to any exchanges yet.

I think the thieves will have a very difficult time cashing out. Five percent of the entire NEM supply has been effectively taken out of circulation. I mean, it can technically "circulate," but it's tainted.

My guess is the exchange and hacker will reach some kind of settlement with regards to this stolen NEM. Seems like an impasse at the moment, but perhaps there are talks going on that aren't public already.

Very possible, that sort of thing would not be disclosed at this time.
Yeah. And for the people new to crypto-land, the precedence here was set by NXT when a hacker stole a bunch from BTER. https://www.ccn.com/fifty-million-nxt-stolen-bter-cryptocurrency-exchange-ransomed-hacker/. They seem to have negotiated a fee of 100 BTC and the hacker returned the NXT to the exchange. It is possible that a similar scenario might unfold here. It would seem to be in everyone's best interest if such a thing happens though - the hacker can get some reward (call is a 'security bounty') and the exchange gets its crypto back.
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February 03, 2018, 04:06:06 AM
 #35520

do know what happened to huge amount stolen from coincheck xem? are the stolen coin addresses available? Have the coins already been dropped on exchanges?

All funds are traceable and NEM foundation is marking all accounts with the stolen funds.
only about 1100 XEM has been moved around AFAIK, and no XEM has been moved to any exchanges yet.

I think the thieves will have a very difficult time cashing out. Five percent of the entire NEM supply has been effectively taken out of circulation. I mean, it can technically "circulate," but it's tainted.

My guess is the exchange and hacker will reach some kind of settlement with regards to this stolen NEM. Seems like an impasse at the moment, but perhaps there are talks going on that aren't public already.

Very possible, that sort of thing would not be disclosed at this time.
Yeah. And for the people new to crypto-land, the precedence here was set by NXT when a hacker stole a bunch from BTER. https://www.ccn.com/fifty-million-nxt-stolen-bter-cryptocurrency-exchange-ransomed-hacker/. They seem to have negotiated a fee of 100 BTC and the hacker returned the NXT to the exchange. It is possible that a similar scenario might unfold here. It would seem to be in everyone's best interest if such a thing happens though - the hacker can get some reward (call is a 'security bounty') and the exchange gets its crypto back.

Really depends on if its an inside job or not i guess?

I suspect someone inside the company may have had access.
Still blows me away that they kept that much funds in one hot wallet.
At least 300M XEM was theirs that they bought in 2016 also. Dunno why that even needed to be in the same wallet.

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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