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

[Nistap]

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.   

From what I understood, coincheck itself was the biggest loser of the hack as the biggest part of the stolen XEM belonged to them. The customers that lost XEM get their coins back. Is it really necessary to do a hard fork for a company that created the conditions for the hack itself (by keeping all the coins in a hot wallet).

What is annoying is that, if it is true that already 84 million dollars worth of XEM are laundered, there is still more that 400 million dollars worth of XEM waiting to be laundered.

Let's see what happens in the coming weeks/months. Hopefully the news of catapult being introduced to the world may affect the rate of XEM.

[denetci]

I spent lots of time  doing research on this coin today and I really liked it and wanted to start trying to buy the coin but im seeing all the major exchanges taking the coin down. why is this and when will it be back on the exchanges and why has binance never put the coin up they usually have some biggest selection of coins. If anyone can answer these questions it would be greatly appreciated

[fragout]

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.   

From what I understood, coincheck itself was the biggest loser of the hack as the biggest part of the stolen XEM belonged to them. The customers that lost XEM get their coins back. Is it really necessary to do a hard fork for a company that created the conditions for the hack itself (by keeping all the coins in a hot wallet).

What is annoying is that, if it is true that already 84 million dollars worth of XEM are laundered, there is still more that 400 million dollars worth of XEM waiting to be laundered.

Let's see what happens in the coming weeks/months. Hopefully the news of catapult being introduced to the world may affect the rate of XEM.

At current prices if he has sold $84 million worth. That's 168 million NEM which leaves 322 Million Nem which is $172 million. Still a tidy sum but my guess is this will be a drip feed into the overall market and should take some time.

[smart757]

There's a very real possibility NEM ends up falling to 14th place. A week ago the idea would have been laughable, but we're slowly sinking beneath the waves.

[Alohaboy?!]

XMIN airdrop started on Cronobank for TIME holders (ending on 27/02):

https://blog.chronobank.io/minutes-xmin-airdrop-for-time-and-xem-holders-9888854608cb

will be interesting to see how gem holder can participate. Maybe via claim and not a direct airdrop

[tbandy]

There's a very real possibility NEM ends up falling to 14th place. A week ago the idea would have been laughable, but we're slowly sinking beneath the waves.

If NEM continues the way it's now I don't doubt it  to see it in 14th or 15th place

[DashingAgent]

It is the biggest problem with currencies like these, whenever these things happen just like hacking,robbery then there could be a massive sell. I purchased one day ago on okex just to make some profit but it is continuously dumping. thats why the BTA token is better than these currencies where price is only controlled by the software instead of these massive sellers.

[tbandy]

NEM has been a great currency but after this hack, something is happening, I do not know if people are losing faith in the
Coin or what, because everything seems to be OK, great team, great projects etc, lets hope that everything get back to normal
In the near future, I will continue to hold I think this project have a great future.

[tbandy]

It is the biggest problem with currencies like these, whenever these things happen just like hacking,robbery then there could be a massive sell. I purchased one day ago on okex just to make some profit but it is continuously dumping. thats why the BTA token is better than these currencies where price is only controlled by the software instead of these massive sellers.

I really don't know if you are referring to BTA (BATA) I've never heard about this coin before, it only have 2,300,000.00 market capital and is in rank 673
At coin market cap and is been in the market since 2015 hummm I don't know, let me tell you something: Any coin in the top 20 are there not because of
Coincidence they are there because they deserve to be there.

[Dent_Talen777]

Can you guys stop crying? The first time a coin flies to hell? Everything will be fine, patience is always rewarded. Start to panic if the price does not react to the release of the Catapult, and until then it is only a temporary drop in prices. Do not forget, the more we fall, the stronger will be the growth. This is one of the most promising projects in the world. Technology is just a bomb. Just a little patience.

[Neversettle]

Can you guys stop crying? The first time a coin flies to hell? Everything will be fine, patience is always rewarded. Start to panic if the price does not react to the release of the Catapult, and until then it is only a temporary drop in prices. Do not forget, the more we fall, the stronger will be the growth. This is one of the most promising projects in the world. Technology is just a bomb. Just a little patience.

The patient ones will be laughing in a few months

[pfrtlpfmpf]

Can you guys stop crying? The first time a coin flies to hell? Everything will be fine, patience is always rewarded. Start to panic if the price does not react to the release of the Catapult, and until then it is only a temporary drop in prices. Do not forget, the more we fall, the stronger will be the growth. This is one of the most promising projects in the world. Technology is just a bomb. Just a little patience.

This !
It will pass. Patience, guys ! Get yourself some porn in the meantime, it´s what i´m doing  

[Neversettle]

Can you guys stop crying? The first time a coin flies to hell? Everything will be fine, patience is always rewarded. Start to panic if the price does not react to the release of the Catapult, and until then it is only a temporary drop in prices. Do not forget, the more we fall, the stronger will be the growth. This is one of the most promising projects in the world. Technology is just a bomb. Just a little patience.

This !
It will pass. Patience, guys ! Get yourself some porn in the meantime, it´s what i´m doing  

might has to be a quite long one though

[greentea]

Spotted on Reddit (nothing official)...

Is NEM being used as the platform for the Venezuelan Petro?
https://www.coindesk.com/petro-debut-learned-venezuelas-cryptocurrency-today/
https://www.criptonoticias.com/mercado-valores/gobierno-venezuela-inicia-preventa-privada-criptoactivo-petro/

Buyer's Guide:
http://www.elpetro.gob.ve/docs/MANUAL%20COMPRADOR%20VERSION%20BETA.pdf

Account in Question:
http://explorer.ournem.com/#/s_account?account=NCGBBZKOTERO3EXMPPCNDNDXZQQJXBEMWWO7MB66

However, whitepaper lists ETH as the platform?
http://www.elpetro.gob.ve/Whitepaper_Petro_en.pdf

[iCEBREAKER]

Almost all Altcoins are up but XEM is belly up  

That's because XEM doesn't really solve any existing problem or actually do anything useful at all.

It's just another vehicle for speculation.  But after the hack and terrible crisis management by its Core devs, XEM is fatally wounded and bleeding out as it dies.

XEM will fade away just like Maidsafe and all the previous pump-and-dump flavors of the month.

  
I will quote you very soon, so you can grow and learn by your own ignorance and stupidity

Please explain exactly what problem XEM solves.

Please reconcile this supposed use case with the market cap ranking of XEM sinking below that of Dash AKA Digital Trash.

I'm eager to hear you spin the response of XEM core to the hack as anything other than self-serving talking points and opportunistic marketing.

In a few months you'll be gone from this forum, and I'll still be here making fun of the next scam that replaces XEM.

I am almost sure (never 100% but almost), that Monero  will be dead much faster than XEM, Ripple, Stellar Lumens or even BTC and BitcoinCash. Full anonymity will be forbidden by the rulers of our world, and crypto will be strictly regulated. There is no room for Monero, Dash, PIVX and even my favoured DeepOnion ( i had some hope in it but now i dont have much) in this world. You probably dont understand technology behind XEM (or dont want to understand), and You believe too much in Your own propaganda about greatness of Monero. Only projects/coins with blessing from the masters of puppets can be succesful. Sheeple will go in the direction chosen by these masters. Dont fool even Yourself, that there is a solution to win with system.

And lack of upmove of XEM in terms of USD is nothing new. Always after downtrend in BTCUSD XEM has problems to move up, but when start finally his move, this move looks like "mooning". So i'am fully relaxed now. Some manipulators can even do flashcrash to 10cents and XEM will be not even wounded. Will be after that pumped even stronger by those, who will buy so cheap.

Why are you rambling about Monero instead of answering my questions regarding "exactly what problem XEM solves" and how you plan to "spin the response of XEM core to the hack as anything other than self-serving talking points and opportunistic marketing?"  Are you just mad that XEM is now ranked below XMR?

Do you have the faintest idea exactly what problem XEM solves?  If you do, please let the rest of us know.

If you can't spin the the response of XEM core to the hack as anything other than self-serving talking points and opportunistic marketing, I'd understand.  It did seem fairly indefensible, and the market apparently feels the core devs' appallingly hand-waving self-congratulatory response was worse than the actual hack.

[jelin1984]

Prensa Presidencial‏
@PresidencialVen
 @PresidencialVen



#FOTO Así sostuvo reunión el Presidente @NicolasMaduro con representantes de la empresa Fundación NEM, previo al lanzamiento de la criptomoneda Petro



NEM AND PETROCOIN TOGETHER

[greentea]

Prensa Presidencial‏
@PresidencialVen
 @PresidencialVen



#FOTO Así sostuvo reunión el Presidente @NicolasMaduro con representantes de la empresa Fundación NEM, previo al lanzamiento de la criptomoneda Petro



NEM AND PETROCOIN TOGETHER

https://twitter.com/PresidencialVen/status/966110687310336000

[wiser]

Prensa Presidencial‏
@PresidencialVen
 @PresidencialVen



#FOTO Así sostuvo reunión el Presidente @NicolasMaduro con representantes de la empresa Fundación NEM, previo al lanzamiento de la criptomoneda Petro



NEM AND PETROCOIN TOGETHER

Wow! That could be a HUGE boost for NEM! The price could sure use a leg up

[CryptoKeeper802]

Almost all Altcoins are up but XEM is belly up  

That's because XEM doesn't really solve any existing problem or actually do anything useful at all.

It's just another vehicle for speculation.  But after the hack and terrible crisis management by its Core devs, XEM is fatally wounded and bleeding out as it dies.

XEM will fade away just like Maidsafe and all the previous pump-and-dump flavors of the month.

  
I will quote you very soon, so you can grow and learn by your own ignorance and stupidity

Please explain exactly what problem XEM solves.

Please reconcile this supposed use case with the market cap ranking of XEM sinking below that of Dash AKA Digital Trash.

I'm eager to hear you spin the response of XEM core to the hack as anything other than self-serving talking points and opportunistic marketing.

In a few months you'll be gone from this forum, and I'll still be here making fun of the next scam that replaces XEM.

I am almost sure (never 100% but almost), that Monero  will be dead much faster than XEM, Ripple, Stellar Lumens or even BTC and BitcoinCash. Full anonymity will be forbidden by the rulers of our world, and crypto will be strictly regulated. There is no room for Monero, Dash, PIVX and even my favoured DeepOnion ( i had some hope in it but now i dont have much) in this world. You probably dont understand technology behind XEM (or dont want to understand), and You believe too much in Your own propaganda about greatness of Monero. Only projects/coins with blessing from the masters of puppets can be succesful. Sheeple will go in the direction chosen by these masters. Dont fool even Yourself, that there is a solution to win with system.

And lack of upmove of XEM in terms of USD is nothing new. Always after downtrend in BTCUSD XEM has problems to move up, but when start finally his move, this move looks like "mooning". So i'am fully relaxed now. Some manipulators can even do flashcrash to 10cents and XEM will be not even wounded. Will be after that pumped even stronger by those, who will buy so cheap.

Why are you rambling about Monero instead of answering my questions regarding "exactly what problem XEM solves" and how you plan to "spin the response of XEM core to the hack as anything other than self-serving talking points and opportunistic marketing?"  Are you just mad that XEM is now ranked below XMR?

Do you have the faintest idea exactly what problem XEM solves?  If you do, please let the rest of us know.

If you can't spin the the response of XEM core to the hack as anything other than self-serving talking points and opportunistic marketing, I'd understand.  It did seem fairly indefensible, and the market apparently feels the core devs' appallingly hand-waving self-congratulatory response was worse than the actual hack.

You need to get your facts straight.  The hack was not the fault of XEM / NEM code, it was due to the way the Coincheck exchange was coded, it was clearly their fault.

You need to learn more about XEM / NEM.  Youtube is a great resource, you should try it. Here is a video that has an insightful interview on the topic of XEM / NEM and how it compares to ETH which is a less advanced / not as feature rich smart contract platform.

https://www.youtube.com/watch?v=s6wirjoWGz4

[nemwanderer]

Prensa Presidencial‏
@PresidencialVen
 @PresidencialVen



#FOTO Así sostuvo reunión el Presidente @NicolasMaduro con representantes de la empresa Fundación NEM, previo al lanzamiento de la criptomoneda Petro



NEM AND PETROCOIN TOGETHER

Wow! That could be a HUGE boost for NEM! The price could sure use a leg up

This is absolutely terrible, if I'm reading it right. NEM is going to issue and back Venezuela's cryptocurrency? That of an autocratic regime seeking to circumvent sanctions and raise money from foreign investors while letting its people starve?