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nemwanderer
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February 19, 2018, 05:32:45 PM |
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You mean I won’t make infinite money quickly?  We do. But not yourself. Que? In all seriousness what do you make of this price action, NEM suppresses on high volumes? |
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fragout
Legendary
 Offline
Activity: 1279
Merit: 1018
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February 19, 2018, 05:58:01 PM |
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Dunno if this is old news but...  |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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February 19, 2018, 06:00:10 PM |
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In all seriousness what do you make of this price action, NEM suppresses on high volumes?
Hacking uncertainty, closed exchange wallets. I'm surprised it's held up this well. The hacker is clearly slipping through the cracks here and there but we don't know what's happening behind the scenes at exchanges. Something will have to happen on that front before there's any progress. I think we'll be in the doldrums for quite some time yet. |
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bestcryptoexistence
Newbie
Offline
Activity: 42
Merit: 0
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February 19, 2018, 07:12:01 PM |
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Convenient API is something that most projects should have, but just don't.
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nemwanderer
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February 19, 2018, 07:38:55 PM |
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In all seriousness what do you make of this price action, NEM suppresses on high volumes?
Hacking uncertainty, closed exchange wallets. I'm surprised it's held up this well. The hacker is clearly slipping through the cracks here and there but we don't know what's happening behind the scenes at exchanges. Something will have to happen on that front before there's any progress. I think we'll be in the doldrums for quite some time yet. Hopefully this is a crypto quite awhile ie 2 weeks, haha. Damn shame to see the reputation of the project tarnished. |
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greentea
Legendary
Offline
Activity: 1418
Merit: 1002
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February 19, 2018, 09:34:57 PM |
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In all seriousness what do you make of this price action, NEM suppresses on high volumes?
Hacking uncertainty, closed exchange wallets. I'm surprised it's held up this well. The hacker is clearly slipping through the cracks here and there but we don't know what's happening behind the scenes at exchanges. Something will have to happen on that front before there's any progress. I think we'll be in the doldrums for quite some time yet. Hopefully this is a crypto quite awhile ie 2 weeks, haha. Damn shame to see the reputation of the project tarnished. Hacker has apparently laundered ~84 million already: This would give lots of downward pressure ... https://asia.nikkei.com/Markets/Capital-Markets/Coincheck-hackers-have-laundered-84.7-million-worth-of-NEM?page=2 |
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ruletheworld
Legendary
Offline
Activity: 1386
Merit: 1045
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February 19, 2018, 10:05:56 PM |
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In all seriousness what do you make of this price action, NEM suppresses on high volumes?
Hacking uncertainty, closed exchange wallets. I'm surprised it's held up this well. The hacker is clearly slipping through the cracks here and there but we don't know what's happening behind the scenes at exchanges. Something will have to happen on that front before there's any progress. I think we'll be in the doldrums for quite some time yet. Hopefully this is a crypto quite awhile ie 2 weeks, haha. Damn shame to see the reputation of the project tarnished. Hacker has apparently laundered ~84 million already: This would give lots of downward pressure ... https://asia.nikkei.com/Markets/Capital-Markets/Coincheck-hackers-have-laundered-84.7-million-worth-of-NEM?page=2Damn, so much for their 'tracking' claims. It didn't stop the hackers from cashing out, while making the community debate the merits of the effort, like destroying some of the fungibility. It would be nice to have the claims officially verified though. If true, even at a 15% discount to the market rate, that's a significant amount of money. The people who are buying it are likely going to flip it on 'regular' exchanges for a profit, so you're right that the sell pressure might exist for a while at least. I think it would be nice to get an official statement from the NEM foundation, even if it is just a simple update on things. On the price side, the pressure will likely continue unless we have further adoption of NEM. This means more ICOs, more uses for NEM as a currency and mosaics, and likely the Catapult release. On the plus side, as a PoS implementation, at least it pays (even if just a little bit) to just hold and stake. |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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February 19, 2018, 10:08:35 PM |
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Ah well. Looks like it's run away from them. Let's get it over and done with and move on. It's going to be a bit sucky for a while. |
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ruletheworld
Legendary
Offline
Activity: 1386
Merit: 1045
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February 19, 2018, 10:14:31 PM |
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Ah well. Looks like it's run away from them. Let's get it over and done with and move on. It's going to be a bit sucky for a while. Yeah. On the plus side, it shows there's enough demand for NEM not to completely crash the price! Then, as a proof of stake system, you're rewarded for holding, so long-term it should be fine. Going forward, it is all about adoption. NEM at the base layer, ICOs, Mosaics, catapult, and all. More geographic regions so we have more projects building on top of NEM. |
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tave
Member
Offline
Activity: 128
Merit: 10
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February 19, 2018, 10:52:56 PM |
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why i don't have any receive button?!  |
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greentea
Legendary
Offline
Activity: 1418
Merit: 1002
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February 19, 2018, 11:11:48 PM |
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why i don't have any receive button?!
click on account top right ... |
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nemwanderer
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February 19, 2018, 11:38:00 PM |
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Ah well. Looks like it's run away from them. Let's get it over and done with and move on. It's going to be a bit sucky for a while. Yeah things holding up well considering that it’s a one way selling flow in size. Hoping it’s nearly done. NEM will need some headlines to bounce it back though. Any ideas of what these might be? |
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tave
Member
Offline
Activity: 128
Merit: 10
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February 19, 2018, 11:44:49 PM |
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why i don't have any receive button?!
click on account top right ... yes i can see my address in account setting. but in past i had send/receive button. like this photo from my friend wallet  |
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cryptonit
Legendary
Offline
Activity: 3038
Merit: 1053
bit.diamonds | uNiq.diamonds
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February 20, 2018, 01:12:53 AM |
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In all seriousness what do you make of this price action, NEM suppresses on high volumes?
Hacking uncertainty, closed exchange wallets. I'm surprised it's held up this well. The hacker is clearly slipping through the cracks here and there but we don't know what's happening behind the scenes at exchanges. Something will have to happen on that front before there's any progress. I think we'll be in the doldrums for quite some time yet. Hopefully this is a crypto quite awhile ie 2 weeks, haha. Damn shame to see the reputation of the project tarnished. Hacker has apparently laundered ~84 million already: This would give lots of downward pressure ... https://asia.nikkei.com/Markets/Capital-Markets/Coincheck-hackers-have-laundered-84.7-million-worth-of-NEM?page=2this is great news that means we see no natural downwards pricetrend but instead one that is limited until the stolen coins are back in circulation once that source of sellpressure is gone we will see a famous comeback because XEM have zero natural inflation and sellpressure once hack coins used up the result can be only raise im sorry for the people who lost coins but for us who trade on exchanges all XEM have the same colour so dont hesitate to take ur fair share of cheap coins as long as there are some u never know when the stream of cheap coins stops hacker might get cought or run out of coins or loop holes he used to sell get closed so who waits to long might miss cheap coins |
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pfrtlpfmpf
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February 20, 2018, 02:51:14 AM |
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In all seriousness what do you make of this price action, NEM suppresses on high volumes?
Hacking uncertainty, closed exchange wallets. I'm surprised it's held up this well. The hacker is clearly slipping through the cracks here and there but we don't know what's happening behind the scenes at exchanges. Something will have to happen on that front before there's any progress. I think we'll be in the doldrums for quite some time yet. Hopefully this is a crypto quite awhile ie 2 weeks, haha. Damn shame to see the reputation of the project tarnished. Hacker has apparently laundered ~84 million already: This would give lots of downward pressure ... https://asia.nikkei.com/Markets/Capital-Markets/Coincheck-hackers-have-laundered-84.7-million-worth-of-NEM?page=2this is great news that means we see no natural downwards pricetrend but instead one that is limited until the stolen coins are back in circulation once that source of sellpressure is gone we will see a famous comeback because XEM have zero natural inflation and sellpressure once hack coins used up the result can be only raise im sorry for the people who lost coinsbut for us who trade on exchanges all XEM have the same colour so dont hesitate to take ur fair share of cheap coins as long as there are some u never know when the stream of cheap coins stops hacker might get cought or run out of coins or loop holes he used to sell get closed so who waits to long might miss cheap coins I´m sorry for them too. What a shame. But what can i do? I´ll take advantage of these prices, and buy. It has nothing to do with our fundamentals, which remain great ! |
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pfrtlpfmpf
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February 20, 2018, 06:32:15 AM
Last edit: February 20, 2018, 06:47:06 AM by pfrtlpfmpf |
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Good, but i´m tryíng to get verified there since weeks, with all "wells and bhistles"  To no avail. Guess they don´t need me . I´ll take my NEM-business to somewhere else . . . |
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NorrisK
Legendary
Offline
Activity: 1946
Merit: 1007
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February 20, 2018, 07:37:50 AM |
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Ah well. Looks like it's run away from them. Let's get it over and done with and move on. It's going to be a bit sucky for a while. Yeah things holding up well considering that it’s a one way selling flow in size. Hoping it’s nearly done. NEM will need some headlines to bounce it back though. Any ideas of what these might be? I find this hard to believe, especially when you consider the enormous volume this exchange needs to have coupled with the fact that there will probably be a huge price gap between the exchange they are laundering on and the other exchanges. |
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luggi5711
Newbie
Offline
Activity: 13
Merit: 0
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February 20, 2018, 09:51:37 AM |
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icosscam
Newbie
Offline
Activity: 73
Merit: 0
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February 20, 2018, 10:21:38 AM |
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My idea is simple: If XEM devs cannot stop stolen token sale it has a big trust problem. When ETH were stolen there were roll back and coins were defended. ETC stayed in old road with stolen coins and it took 2 ears to recover from it. I do hope that xem will recover but even I feel that trust were lost and moment till now I do not see any strong XEM dev confirmation that problem will be solve.  |
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