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

[ruletheworld]

It look like the ice age for NEM could be behind us, the price seems to be stabilizing.

NEM should be pumping a lot harder actually.  TRON is way ahead in market cap which is just fucking crazy.  Don't even get me started on the vaporware EOS and Cardano.  Sadly this is going to continue until NEM actually sees real world use - that won't be necessary for the other ones because they are only about pump and everyone knows it.  Sometimes I wonder how NEM managed to completely avoid the most striking facet of crypto while being the best blockchain around.  It is literally invisible and never, ever discussed anywhere.  How the hell did NEM blow their PR THAT bad?  All they need to do is go and shill a bit in /r/cryptocurrency for a while but they can't be bothered.  Mind boggling and very lazy.

Nems performance during this pump has been pathetic. Price and volume was better when coincheck started repaying funds vs now, total market cap was way lower than it is now. Hopefully we will see some positive momentum soon.

I'm very afraid this will be the same story when Catapult releases.  Pure P&D not lasting more than 3 days with no lasting gains.  This is the precedent the totally inept Lon Wong has set.  Unimaginable how they could take something so great and fuck it up so hard.  Glad he is gone at least but still no real signs of life or larger communication.  They need the momentum BEFORE the release so it has follow-through.

What's your specific proposal here? Shilling on forums isn't a PR strategy.

If you search /r/cryptocurrency for "NEM" you will find it is basically never mentioned outside of the Coincheck hack.  Here is a good example from a thread where someone was basically begging for info about NEM not too long ago:  https://www.reddit.com/r/CryptoCurrency/comments/84uovu/nem/

If you read the comments in there it is clear most people that would invest have absolutely no idea what it is about.  I don't know exactly how but NEM seems to be invisible in the English-speaking world (that's where the $$ is).  So shilling in /r/cryptocurrency wouldn't be a bad place to start.  Maybe they need more banner ads, puff pieces on websites which are then promptly linked to in elegant ways in Reddit forums that seem organic.  Get more press at Coindesk.  Yup.  Good ol' fashion PR & shilling.  I think Lon was very condescending and arrogant - thought he was "better than that."  The problem is we are talking about currencies here and while building use cases is all well and good if the coin itself has little value, is basically unknown and/or is not distributed widely enough then this will undermine adoption down the road.  Let's face facts: coins that pump get known, ones that don't remain obscure and no one would buy in even if they had the best tech ever.  The other problem is like it or not this is a competition for finite capital and resources which could later be leveraged in expansion.  So TRON will get one hell of a war chest and could hire a team of programmers to implement whatever they can dream up and have the budget to market and sell it while NEM will be very limited in what they can make happen (TRON is a bad example but apply the same logic to EOS and Cardano and you get the point).  I don't see VC firms talking about throwing $100 million at NEM, but they are at EOS.

Basically, NEM being essentially unheard of and unconsidered in the West is killing them and all the other platforms with even half-assed solutions will get adopted and NEM won't for this very reason.   

That's fair criticism actually. However, as a long-term strategy, shilling on forums really isn't good for the ecosystem or the coin or the community. That's for quick pump and dump coins. NEM has been around the block for a long time, and the long game is more interesting than abrupt price jumps due to these 'tactics'. However, there is a case to be made for being more in the crypto public consciousness in general via announcements and press releases, and perhaps also engaging with journalists like from Coindesk and give them interesting info to write about.

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[dzkrb]

It seems to me that this coin, after its capitalization has grown, began to follow the bitcoin and independence fell. On large coins to earn a pampa and dump is not so simple, but you have to play for a long time.

[nadezda@]

nor who did not promise that it will be easy, remember the price of 0.5 cents we waited only by 2017, and in January 2018 we received a price of $ 2, it was shown to us the hidden potential of the coin!

[Hyjinx]

It look like the ice age for NEM could be behind us, the price seems to be stabilizing.

NEM should be pumping a lot harder actually.  TRON is way ahead in market cap which is just fucking crazy.  Don't even get me started on the vaporware EOS and Cardano.  Sadly this is going to continue until NEM actually sees real world use - that won't be necessary for the other ones because they are only about pump and everyone knows it.  Sometimes I wonder how NEM managed to completely avoid the most striking facet of crypto while being the best blockchain around.  It is literally invisible and never, ever discussed anywhere.  How the hell did NEM blow their PR THAT bad?  All they need to do is go and shill a bit in /r/cryptocurrency for a while but they can't be bothered.  Mind boggling and very lazy.

Nems performance during this pump has been pathetic. Price and volume was better when coincheck started repaying funds vs now, total market cap was way lower than it is now. Hopefully we will see some positive momentum soon.

I'm very afraid this will be the same story when Catapult releases.  Pure P&D not lasting more than 3 days with no lasting gains.  This is the precedent the totally inept Lon Wong has set.  Unimaginable how they could take something so great and fuck it up so hard.  Glad he is gone at least but still no real signs of life or larger communication.  They need the momentum BEFORE the release so it has follow-through.

What's your specific proposal here? Shilling on forums isn't a PR strategy.

If you search /r/cryptocurrency for "NEM" you will find it is basically never mentioned outside of the Coincheck hack.  Here is a good example from a thread where someone was basically begging for info about NEM not too long ago:  https://www.reddit.com/r/CryptoCurrency/comments/84uovu/nem/

If you read the comments in there it is clear most people that would invest have absolutely no idea what it is about.  I don't know exactly how but NEM seems to be invisible in the English-speaking world (that's where the $$ is).  So shilling in /r/cryptocurrency wouldn't be a bad place to start.  Maybe they need more banner ads, puff pieces on websites which are then promptly linked to in elegant ways in Reddit forums that seem organic.  Get more press at Coindesk.  Yup.  Good ol' fashion PR & shilling.  I think Lon was very condescending and arrogant - thought he was "better than that."  The problem is we are talking about currencies here and while building use cases is all well and good if the coin itself has little value, is basically unknown and/or is not distributed widely enough then this will undermine adoption down the road.  Let's face facts: coins that pump get known, ones that don't remain obscure and no one would buy in even if they had the best tech ever.  The other problem is like it or not this is a competition for finite capital and resources which could later be leveraged in expansion.  So TRON will get one hell of a war chest and could hire a team of programmers to implement whatever they can dream up and have the budget to market and sell it while NEM will be very limited in what they can make happen (TRON is a bad example but apply the same logic to EOS and Cardano and you get the point).  I don't see VC firms talking about throwing $100 million at NEM, but they are at EOS.

Basically, NEM being essentially unheard of and unconsidered in the West is killing them and all the other platforms with even half-assed solutions will get adopted and NEM won't for this very reason.   

That's fair criticism actually. However, as a long-term strategy, shilling on forums really isn't good for the ecosystem or the coin or the community. That's for quick pump and dump coins. NEM has been around the block for a long time, and the long game is more interesting than abrupt price jumps due to these 'tactics'. However, there is a case to be made for being more in the crypto public consciousness in general via announcements and press releases, and perhaps also engaging with journalists like from Coindesk and give them interesting info to write about.

I cannot emphasize enough exposure in the West.  From reading comments here it is very clear the NEM community is primarily Asian/Indian because English is far from a first language with grammatical issues indicative of the origin.  Why NEM is making no big moves in North America is just not understandable to me.  Without this they can never compete with the top coins (ETH, EOS, ADA) and this is what it is really all about at this point.  Actually, given their limited geographical reach it is amazing they are where they are in market cap.  How did the "Chinese Ethereum" NEO do it and why can't NEM?  Pumping is important, it attracts attention.  Otherwise no one cares unless your use case is so strong and marketing so good it sells itself.  I'm not seeing that... yet.

[chris200x9]

nor who did not promise that it will be easy, remember the price of 0.5 cents we waited only by 2017, and in January 2018 we received a price of $ 2, it was shown to us the hidden potential of the coin!

In Jan 2018 many coins went up due to crazy demand for the cryptos from worldwide.

I have invested in this coin for more than a year and still waiting for good returns. I to think it is good project but prices not moving that fast compared to some other coins.

I don't sell because I still believe that this coin is a good for long term investment.

[Diego24]

I don't understand the devs. They bitch about community but haven't done much of anything to grow it. Meet ups with 15-30 people are all well and good, but in the big picture they mean jack shit. I'm tired of the nem foundation putting slightly more than zero effort into growing and expanding the user base.

Barring some major corporate partnership they're working on in the background that will be a game changer, the lack of marketing is pathetic.
And before anyone gets on their high horse and says how dare I question anything, just remember that all of us buying, paying for and keeping this market afloat can absolutely bitch about the lack of movement.

Typically people. Doing horse shit themselves but expecting complete perfection from others in order to make them rich. If you want to get rich, move your ass and produce something yourself and criticize less.

[Diego24]

Sure, if I were here "from the beginning" I would be "calm" too because I would be up 1000s of %.  But since I'm only here from last year it looks rather fucked up.  This is the problem you early people don't understand - there is no appeal of NEM anymore over the other top 50 coins.  I'm not talking about quick bucks I'm talking about reasonable efforts to KEEP UP with everything else.  They are just asleep at the wheel and going right off the cliff.  It is like watching a slow motion train wreck and not being able to do anything to stop it.  EOS, Cardano and ETH are going to eat our lunch with this approach.  Network effect, hype and pump and critical infrastructure in this sector.  Rightly or wrongly it does spur awareness and adoption.  Why the hell is NEM so completely invisible in the western world?  How was that oversight even allowed to occur?

Then sell your NEM and buy EOS or Cardano.

[oleksii777]

Good afternoon. Every crypto currency is good in its own way. Therefore, each let decides who to buy what coins. I wish everyone good luck. Have a nice day, everyone.
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Sure, if I were here "from the beginning" I would be "calm" too because I would be up 1000s of %.  But since I'm only here from last year it looks rather fucked up.  This is the problem you early people don't understand - there is no appeal of NEM anymore over the other top 50 coins.  I'm not talking about quick bucks I'm talking about reasonable efforts to KEEP UP with everything else.  They are just asleep at the wheel and going right off the cliff.  It is like watching a slow motion train wreck and not being able to do anything to stop it.  EOS, Cardano and ETH are going to eat our lunch with this approach.  Network effect, hype and pump and critical infrastructure in this sector.  Rightly or wrongly it does spur awareness and adoption.  Why the hell is NEM so completely invisible in the western world?  How was that oversight even allowed to occur?

Then sell your NEM and buy EOS or Cardano.

[Hyjinx]

This pretty much captures my sentiment as well.  Although I really am starting to question if it is a good long term investment.  What if the network effect of ETH just becomes overwhelming and just totally dominates the development space and all projects reflexively settle on ETH or maybe EOS without even looking around?  No technology will matter then.  I can't tell if the NEM people are just that clueless or want to keep the price low and limit their geographical reach for some other reason.  Some weird "outside the box" long term strategy we're not privy to?

nor who did not promise that it will be easy, remember the price of 0.5 cents we waited only by 2017, and in January 2018 we received a price of $ 2, it was shown to us the hidden potential of the coin!

In Jan 2018 many coins went up due to crazy demand for the cryptos from worldwide.

I have invested in this coin for more than a year and still waiting for good returns. I to think it is good project but prices not moving that fast compared to some other coins.

I don't sell because I still believe that this coin is a good for long term investment.

[Sateetje]

Microsoft Azure just adopted NEM's private chain Mijin!

https://bitcointalk.org/index.php?topic=3402839.0

[Diego24]

Good afternoon. Every crypto currency is good in its own way. Therefore, each let decides who to buy what coins. I wish everyone good luck. Have a nice day, everyone.

No, not really. If you don't like the way a team of a certain coin is doing its work, then stop investing in that coin. I would rather say, let the team just do their work and if you don't like their way of working, than invest in another coin that has a team whose way of working you like. At the end of the day, that's how investing works, especially if you are a minion whose money is unimportant for the whole ecosystem.

[kamaljit.singh]

ICYMI: CryptoBlockCon event in Los Angeles with Jeff McDonald, former VP and now Advisor of http://NEM.io  Foundation, as one of the speakers.

[satb]

Microsoft Azure just adopted NEM's private chain Mijin!

https://bitcointalk.org/index.php?topic=3402839.0

Good news.  But this will just help Mijin make money, as they're offering a 30 day free trial, then charging $0.65 per hour.  How will it benefit the NEM public chain?

[ruletheworld]

Microsoft Azure just adopted NEM's private chain Mijin!

https://bitcointalk.org/index.php?topic=3402839.0

Good news.  But this will just help Mijin make money, as they're offering a 30 day free trial, then charging $0.65 per hour.  How will it benefit the NEM public chain?

The benefits are indirect, similar to Ethereum Enterprise Alliance. It is also good publicity, and developers learning your ecosystem.

[Alohaboy?!]

Microsoft Azure just adopted NEM's private chain Mijin!

https://bitcointalk.org/index.php?topic=3402839.0

Good news.  But this will just help Mijin make money, as they're offering a 30 day free trial, then charging $0.65 per hour.  How will it benefit the NEM public chain?

The benefits are indirect, similar to Ethereum Enterprise Alliance. It is also good publicity, and developers learning your ecosystem.

And it will be easier for enterprises to use the Mijin private chain to host the necessary nodes to run the network. That is really great because every project on mijin indirectly helps the ecosystem in some part

[ruletheworld]

Microsoft Azure just adopted NEM's private chain Mijin!

https://bitcointalk.org/index.php?topic=3402839.0

Good news.  But this will just help Mijin make money, as they're offering a 30 day free trial, then charging $0.65 per hour.  How will it benefit the NEM public chain?

The benefits are indirect, similar to Ethereum Enterprise Alliance. It is also good publicity, and developers learning your ecosystem.

And it will be easier for enterprises to use the Mijin private chain to host the necessary nodes to run the network. That is really great because every project on mijin indirectly helps the ecosystem in some part

Even though the code base is shared, the nodes are not shared. The private network that Mijin facilitates runs its own nodes, which transact based on their needs. They do not host or relay public NEM transactions and are therefore not NEM nodes.

[gentlemand]

I thought any old shitcoin could get on Azure, at least that's how it seemed for a long time. I never really got why this didn't happen an age before.

[BtcVolcano]

After the latest buzz around the project Coin very much lost in the price. And many people must sell their coins. But I think people are experienced investors in this moment so many bought their coins. And in recent years can be seen in the market as the price begins to rise. Probably a good time to quickly buy coins.

[Alohaboy?!]

Microsoft Azure just adopted NEM's private chain Mijin!

https://bitcointalk.org/index.php?topic=3402839.0

Good news.  But this will just help Mijin make money, as they're offering a 30 day free trial, then charging $0.65 per hour.  How will it benefit the NEM public chain?

The benefits are indirect, similar to Ethereum Enterprise Alliance. It is also good publicity, and developers learning your ecosystem.

And it will be easier for enterprises to use the Mijin private chain to host the necessary nodes to run the network. That is really great because every project on mijin indirectly helps the ecosystem in some part

Even though the code base is shared, the nodes are not shared. The private network that Mijin facilitates runs its own nodes, which transact based on their needs. They do not host or relay public NEM transactions and are therefore not NEM nodes.

But they could interact with the public NEM chain if they wanted to. The NEM network it self is working perfect with those 600 supernodes. But this really helps for setting up a private network quite quickly

[Krones]

at the end of December I looked at the growth of NEM and thought that this is a new star and that soon we will see an exit to the top 3 in terms of volumes, but after the correction everything went wrong, it was not just a normal pump ..