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

[DashingAgent]

No. It is not BATA, it is bitcoin futures alpha, they first choosen the bta symbol for their token but later when bata appeared on cmc, it looks they are replacing the symbol with another one. You may follow them on twitter https://www.twitter.com/BitcoinFuturesA, their ICO is going to begin in a few days and if you want to test their software then here is the link https://calc.bta.science

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.

[jelin1984]

MOON
MOON
MOON

[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.

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.

My fault  . Mixed up XEM and USD.

[fragout]

https://twitter.com/NEMofficial/status/966145370060279808

The Petro happening on NEM is quasi confirmed by the NEMofficial Twitter account.

This is disgusting.

Might as well help North Korea launch a coin next.

At least the Twitter post isn’t jubilant like it was about the hack. But still...

So you are saying that you want the NEM foundation to pick and choose what tokens are allowed on their blockchain?.

Yes.

As in you are against decentralization?

[schnidl]

https://twitter.com/NEMofficial/status/966145370060279808

The Petro happening on NEM is quasi confirmed by the NEMofficial Twitter account.

Some of the comments to that post are interesting too. There's one that says the value of having a platform open to all outweighs the risk that some might use it for evil. That's some good food for thought. It's the classic problem with freedom, which is that you (or others) are then free to make the wrong decisions.

I’m not sure NEM is that kind of a system. I understood it as a corporate solution and that’s what it seems like it aspires to be (in contrast to a privacy coin for example, which might be more agnostic to its users). So I wish NEM had stepped in and disallows this. Surely there has to be governance over what is essentially fraud? Would NEM allow known scamcoins to ICO?

I need to have a think, but this materially changes my interest in staying in NEM.

I think you don't understand the fundamentals on which NEM and 99% of all cryptos are built. You can't prohibit anyone to use the tech, it's not possible. Doesn't matter which coin/platform Venezuela uses. The positive is, that under the thousands of coins they chose NEM, which is pretty impressive and speaks for its tech and ease of use.

[dr1980m]

It is a reason for me to hate Polo. Guys, neither you can buy, nor you can sell it. It made me crazy. I bought some from deep price and I am waiting now. I am planning to sell it at appropriate price. We will see.

[asdlolciterquit]

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.

I never said the hack was the fault of XEM/NEM code.  Please learn to comprehend written words before accusing me of not understanding what is like the 20th or 30th exchange hack I've been through.

What are the straight facts regarding exactly what problem XEM solves?  Do you even know what problem XEM is a solution in search of?

ETH is shit too.  I don't care if XEM is slightly less shitty and useless than VitalikToken; that doesn't answer my question in a responsive way because it's just a deflection.

You can't defend the XEM core devs' *RESPONSE TO* the hack because it was obviously hand-waving and self-congratulatory to an appalling degree.

Have fun being the shittoken for Maduro's Socialist Paradise.  Venezuala and XEM are prefect complements; they deserve each other just like degeneracy and AIDS. 

i can't believe that someone wrote something like that..
maybe is better don't go to deep.

Can you tell more about the correlation between xem and maduro?

[pitchi]

hello gays anything new can go the price up again

[jelin1984]

moon moon


a lot of good news


Also, there is a NEM Primer Meetup in Venezuela happening on 2/22 that is not sponsored by NEM. We will be having an officially sponsored Meetup in Venezuela soon but not on Feb 22nd.


Inside NEM
‏ @Inside_NEM


1/ Regarding the Petro project, NEM is open source + hence any projects built on NEM are not under our control. To be clear, the NEM Foundation is not directly involved with this project and we're not in a position to control any open source projects.

[nemwanderer]

https://twitter.com/NEMofficial/status/966145370060279808

The Petro happening on NEM is quasi confirmed by the NEMofficial Twitter account.

Some of the comments to that post are interesting too. There's one that says the value of having a platform open to all outweighs the risk that some might use it for evil. That's some good food for thought. It's the classic problem with freedom, which is that you (or others) are then free to make the wrong decisions.

I’m not sure NEM is that kind of a system. I understood it as a corporate solution and that’s what it seems like it aspires to be (in contrast to a privacy coin for example, which might be more agnostic to its users). So I wish NEM had stepped in and disallows this. Surely there has to be governance over what is essentially fraud? Would NEM allow known scamcoins to ICO?

I need to have a think, but this materially changes my interest in staying in NEM.

I think you don't understand the fundamentals on which NEM and 99% of all cryptos are built. You can't prohibit anyone to use the tech, it's not possible. Doesn't matter which coin/platform Venezuela uses. The positive is, that under the thousands of coins they chose NEM, which is pretty impressive and speaks for its tech and ease of use.

There are no positives here. Being the platform of choice for an irrational dictator is meaningless.

I’m not against decentralization but to me decentralization=democracy, not anarchy. A community as a whole should be able to vote on whether it will refuse to support certain initiatives.

[wiser]

I think the ramifications of NEM somehow stepping in and telling Maduro et al, "No, you may not use our block chain!" would be pretty sweeping, and probably more of a detriment to whatever good in the world cryptocurrencies can accomplish than the "good" of prohibiting a "bad person" from doing something crazy with a cryptocoin. Just imagine that NEM got taken over by bad people (Maybe Maduro himself launches a coup and takes over the NEM foundation or something), and decided that no "good" organizations could ever build anything on NEM. Then what?

I think it's honestly better to keep it open sourced and decentralized, and see who uses the technology. I've heard of at least 7 or 8 tokens launching on the NEM block chain, so it won't be long before Petro becomes just one of many others.

Apparently Bankera is under investigation by the Lithuanian central bank. Bankera is soon to be a NEM token. Does that make them bad too?

[wiser]

There are no positives here. Being the platform of choice for an irrational dictator is meaningless.

I’m not against decentralization but to me decentralization=democracy, not anarchy. A community as a whole should be able to vote on whether it will refuse to support certain initiatives.

NEM does have a voting system about supporting projects, but that is only for asking the community if any funds should be given to project XYZ, not for whether project XYZ should be *allowed* to use the open source technology that has been developed. I don't think there is a way to prevent anyone from using it without making it proprietary (and not open source).

[rudolfaxl]

Now there are a lot of analytical articles about the fact that NEM will become a real competitor for ETH. I think that makes sense. In a few years NEM will become a very strong platform if the project will also develop rapidly and sign contracts with well-known companies.

[wiser]

Now there are a lot of analytical articles about the fact that NEM will become a real competitor for ETH. I think that makes sense. In a few years NEM will become a very strong platform if the project will also develop rapidly and sign contracts with well-known companies.

As one who's actually attempted to *use* the ETH platform, I can tell you NEM is much easier. It won't be long before others catch on. ETH seems to have better name recognition at this point, but NEM is starting to catch up on that too.

[nzminer]

Now there are a lot of analytical articles about the fact that NEM will become a real competitor for ETH. I think that makes sense. In a few years NEM will become a very strong platform if the project will also develop rapidly and sign contracts with well-known companies.

As one who's actually attempted to *use* the ETH platform, I can tell you NEM is much easier. It won't be long before others catch on. ETH seems to have better name recognition at this point, but NEM is starting to catch up on that too.

Thats probably why venezuela decided to go with NEM lol

[nemwanderer]

Now there are a lot of analytical articles about the fact that NEM will become a real competitor for ETH. I think that makes sense. In a few years NEM will become a very strong platform if the project will also develop rapidly and sign contracts with well-known companies.

As one who's actually attempted to *use* the ETH platform, I can tell you NEM is much easier. It won't be long before others catch on. ETH seems to have better name recognition at this point, but NEM is starting to catch up on that too.

Thats probably why venezuela decided to go with NEM lol

A fact that everyone ought to be ashamed of, not celebrating.

[nzminer]

Now there are a lot of analytical articles about the fact that NEM will become a real competitor for ETH. I think that makes sense. In a few years NEM will become a very strong platform if the project will also develop rapidly and sign contracts with well-known companies.

As one who's actually attempted to *use* the ETH platform, I can tell you NEM is much easier. It won't be long before others catch on. ETH seems to have better name recognition at this point, but NEM is starting to catch up on that too.

Thats probably why venezuela decided to go with NEM lol

A fact that everyone ought to be ashamed of, not celebrating.

I dont care who uses NEM, whether or not it be China, North Korea or Russia, the NEM platform is available for everyone to use free of any censorship.

[nzminer]

Now there are a lot of analytical articles about the fact that NEM will become a real competitor for ETH. I think that makes sense. In a few years NEM will become a very strong platform if the project will also develop rapidly and sign contracts with well-known companies.

As one who's actually attempted to *use* the ETH platform, I can tell you NEM is much easier. It won't be long before others catch on. ETH seems to have better name recognition at this point, but NEM is starting to catch up on that too.

Thats probably why venezuela decided to go with NEM lol

A fact that everyone ought to be ashamed of, not celebrating.

I dont care who uses NEM, whether or not it be China, North Korea or Russia, the NEM platform is available for everyone to use free of any censorship.

besides if they chose NEM because its easy to use, that says alot doesnt it?

[nemwanderer]

Now there are a lot of analytical articles about the fact that NEM will become a real competitor for ETH. I think that makes sense. In a few years NEM will become a very strong platform if the project will also develop rapidly and sign contracts with well-known companies.

As one who's actually attempted to *use* the ETH platform, I can tell you NEM is much easier. It won't be long before others catch on. ETH seems to have better name recognition at this point, but NEM is starting to catch up on that too.

Thats probably why venezuela decided to go with NEM lol

A fact that everyone ought to be ashamed of, not celebrating.

I dont care who uses NEM, whether or not it be China, North Korea or Russia, the NEM platform is available for everyone to use free of any censorship.

besides if they chose NEM because its easy to use, that says alot doesnt it?

So it’s the tool of choice for corrupt authoritarians desperately trying to keep power. Cool!!!!!!! Let’s boast about that!!!!!

[LemonAndFriesOne]

Now there are a lot of analytical articles about the fact that NEM will become a real competitor for ETH. I think that makes sense. In a few years NEM will become a very strong platform if the project will also develop rapidly and sign contracts with well-known companies.

As one who's actually attempted to *use* the ETH platform, I can tell you NEM is much easier. It won't be long before others catch on. ETH seems to have better name recognition at this point, but NEM is starting to catch up on that too.

Thats probably why venezuela decided to go with NEM lol

A fact that everyone ought to be ashamed of, not celebrating.

I dont care who uses NEM, whether or not it be China, North Korea or Russia, the NEM platform is available for everyone to use free of any censorship.

besides if they chose NEM because its easy to use, that says alot doesnt it?

So it’s the tool of choice for corrupt authoritarians desperately trying to keep power. Cool!!!!!!! Let’s boast about that!!!!!

oh boy, someone needs to do some research on what the cause of the Venezuelan hyperinflation was, it was along the lines of what happened to Zimbabwe.

Look into it, then you will understand what caused this hyperinflation of their economies and why they seek alternative methods of currency.

Just remember, these 2 countries posed no threat to the world before hyperinflation and even after.