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

[lemonandfriesonetwo]

Goes to tell you how much many of us value the general fundamentals and tech behind crypto currency. Many could have been millionaires, yet they held on. They know where the future is. Patience, strong mentals, little sacrifices and some luck is needed in this space.

I wish I agreed with your assessment. I think many people did not sell because of greed, not belief in the tech. I know that some of my bags were not sold because of it. I hope I get the chance to rectify my mistake.

Also, can no one in this group share any good resource on Nem?

Let's call it a mixture of both for many of us. While it would have been nice to have a life completely funded with fiat by now; further analysis of trends, global markets, government & corporate policy, etc points to a stagnation of fiat in the future. And no I will not post any resources, some of us have done independent research going for almost 10+ years since the last global recession. If predictions are correct (many of which have become correct over the past years), the future points towards cryptocurrency and blockchain adoption at a level not seen before. Traditional institutions are being forced to start adopting this new tech in order to battle corruption, one example.

Yes, many have enjoyed the current status of fiat by cashing out from crypto. But the future is not in paper money, it's in unique digital identifiers that cannot be replicated unless there is an agreeing consensus in the blockchain used.

Also don't forget in a future world with 5G connectivity, blockchain technology is very much needed for 5G to work as intended.

Don't get desperate, just let time decide if cryptocurrencies and blockchain will have a future.

[jkoil]

...
Yes, many have enjoyed the current status of fiat by cashing out from crypto. But the future is not in paper money, it's in unique digital identifiers that cannot be replicated unless there is an agreeing consensus in the blockchain used.

Also don't forget in a future world with 5G connectivity, blockchain technology is very much needed for 5G to work as intended.

Don't get desperate, just let time decide if cryptocurrencies and blockchain will have a future.

We can do small things to help the progress or the "hype" / trend. We are the time

I guess you do not believe that all the cryptocurrencies have equal chances in the future.
Will you bet for or against some cryptocurrencies ?

[satb]

Goes to tell you how much many of us value the general fundamentals and tech behind crypto currency. Many could have been millionaires, yet they held on. They know where the future is. Patience, strong mentals, little sacrifices and some luck is needed in this space.

I wish I agreed with your assessment. I think many people did not sell because of greed, not belief in the tech. I know that some of my bags were not sold because of it. I hope I get the chance to rectify my mistake.

Also, can no one in this group share any good resource on Nem?

I think it was a mixture of greed and belief in the tech and future long term outlook of NEM.  There was a lot of shilling/pumping in the forums, social media, telegram etc, some people thought it would go to $5, $10 etc and some people got caught in the hype (while the shillers probably quietly sold).  Some people may not have had an exit position (or did, but decided to not stick to it (which is gambling)).  Either way, it's a lesson learned, and was the right decision at the time based on the knowledge at the time, so there shouldn't be regret as no one can easily predict the top or bottom.   In the next bull run they won't make the same decisions again hopefully.

In the meantime for anyone who regrets not selling, this is a good read:

https://www.reddit.com/r/CryptoCurrency/comments/7rvkua/how_i_handle_crypto_regret/

Particularly this part:

"2. I can only compare myself to the other me who didn't get into cryptos at all. That's your baseline to compare to. There really is no other baseline. It's damaging and outright delusional to compare yourself to the "perfect you" that always bought at the exact bottom and sold at the exact top. That you does not exist. It's a damaging fantasy that always leads to you beating yourself up about not making the most optimal decision at each and every turn. Cryptos can quickly lose its fun if you think along those lines".

[jelin1984]

NEM officially joins Binance Info
 



https://medium.com/nemofficial/nem-officially-joins-binance-info-21e8f7ed4cc5

[lemonandfriesonetwo]

I guess you do not believe that all the cryptocurrencies have equal chances in the future.
Will you bet for or against some cryptocurrencies ?

All I can say for myself is that I use certain cryptocurrencies in order to increase the amount I have of other cryptocurrencies. The ones I play the shorting game with are very obvious scams or most likely will not make the cut because of whatever "x" reason. In that sense, I am helping other coins by reinvesting profits from one coin to another coin which I see as having a future anchored in reality.

Either way, it's a lesson learned, and was the right decision at the time based on the knowledge at the time, so there shouldn't be regret as no one can easily predict the top or bottom.   In the next bull run they won't make the same decisions again hopefully.

This is a good way of thinking, this point of view is good for mental health.

[Xandan]

I downloaded nano wallet and is working fine. I have used this kind of wallet in past but before downloading it I had impression of downloading whole chain and syncing will make issue. That is not the case and now not only my Nem based tokens but also Nem itself can be stored and accessed from anywhere. This is great wallet and I appreciate for sharing it.

[magisterr]

What news here about insure NEM wallet with PAL insurance product? They announced partnership with PAL Network few month ago as I know, and now PAL Launched mainnet (around few weeks ago) and few products already. When NEM will insure funds with PAL? 

[lemonandfriesonetwo]

What news here about insure NEM wallet with PAL insurance product? They announced partnership with PAL Network few month ago as I know, and now PAL Launched mainnet (around few weeks ago) and few products already. When NEM will insure funds with PAL?  

This is most likely on a per user basis, whoever wants to insure their crypto can go ahead and use PAL. It's like buying insurance for your car, not everyone will do it but it is recommended.

[magisterr]

What news here about insure NEM wallet with PAL insurance product? They announced partnership with PAL Network few month ago as I know, and now PAL Launched mainnet (around few weeks ago) and few products already. When NEM will insure funds with PAL?  

This is most likely on a per user basis, whoever wants to insure their crypto can go ahead and use PAL. It's like buying insurance for your car, not everyone will do it but it is recommended.

For sure this will be for whoever wants only. But as I understand NEM will have this offer in their wallet as well or PAL Network will have this product in their wallet app?  

This is news about their collaboration:

https://twitter.com/NEMofficial/status/1070535805934944256

[KimNg]

b-l- -c-k-s- - -

[quality.crypto]

...
Yes, many have enjoyed the current status of fiat by cashing out from crypto. But the future is not in paper money, it's in unique digital identifiers that cannot be replicated unless there is an agreeing consensus in the blockchain used.

Also don't forget in a future world with 5G connectivity, blockchain technology is very much needed for 5G to work as intended.

Don't get desperate, just let time decide if cryptocurrencies and blockchain will have a future.

We can do small things to help the progress or the "hype" / trend. We are the time

I guess you do not believe that all the cryptocurrencies have equal chances in the future.
Will you bet for or against some cryptocurrencies ?

Exactly, every project will not succeed through the hype but through active development will help the project to increase its standard level. As you can see, now there is a lot of competition for the blockchain projects which each of those companies are very serious about their developments.

[jabo38]

b-l- -c-k-s- - -

Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

[KloNEM]

Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

I'm not sure, if this is correct comparing - a/ NEM has 10 times faster block generation, b/ utilization of BTC blockchain is much, much higher than by NEM. Hopefully this will be change sometime in the future, but now it looks really bad (and we're constantly falling, now at #18 position on CMC).

[lemonandfriesonetwo]

Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

I'm not sure, if this is correct comparing - a/ NEM has 10 times faster block generation, b/ utilization of BTC blockchain is much, much higher than by NEM. Hopefully this will be change sometime in the future, but now it looks really bad (and we're constantly falling, now at #18 position on CMC).

Prices go up and down all over the place, NEM stays almost the same. Interesting actions I would say.

[satb]

Short to medium term there will be drops in this bear market.  This bear market can't go on forever, just like the bull market couldn't go on forever.  Two sides of the same coin.

[Jenska]

Short to medium term there will be drops in this bear market.  This bear market can't go on forever, just like the bull market couldn't go on forever.  Two sides of the same coin.

It can go almost forever, as we´ve witnessed with many coins that have gone totally bust. It seems that NEM does not belong in the top 20 or even top 50 anymore. I might buy when the price is back to 200-600 sat, now it´s way overpriced.

[KloNEM]

Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

I'm not sure, if this is correct comparing - a/ NEM has 10 times faster block generation, b/ utilization of BTC blockchain is much, much higher than by NEM. Hopefully this will be change sometime in the future, but now it looks really bad (and we're constantly falling, now at #18 position on CMC).

Prices go up and down all over the place, NEM stays almost the same. Interesting actions I would say.

Sorry, this is simply not true. Year ago, 1 NEM was at 12000 sat, now it's about 1300 satoshis. As BTC is 4-5x lower than before a year, it means ~ 40x decrease. And as we were on #4-#5 position year ago, now we're at #18 and constantly falling further. Maybe it's (the position on CMC) just means that here are more projects now, that are more interesting / overhyped / whatever ... despite of this or that, it's sad at all.

[YMaverik]

xem long dead project, he its won back, whom need to-money received. they make promises, they don't do anything. ridiculous meetups, unnecessary partnerships. drain the slag, there is a more promising coins

[gentlemand]

Sorry, this is simply not true. Year ago, 1 NEM was at 12000 sat, now it's about 1300 satoshis. As BTC is 4-5x lower than before a year, it means ~ 40x decrease. And as we were on #4-#5 position year ago, now we're at #18 and constantly falling further. Maybe it's (the position on CMC) just means that here are more projects now, that are more interesting / overhyped / whatever ... despite of this or that, it's sad at all.

The falls in dollar valuation are extremely similar to most other alts give or take less than 5%.

The fall in CMC position is down to sexier projects with more hype.

Being non mineable and closed source turned off the two most active audiences from the start. If you remove the fake volume exchanges the volume is several hundred times lower than some other coins.

I think they have a limited window of opportunity to pull it back. It has a lot of virtues. There are going to be more projects with more visibility with more of those too.

[lemonandfriesonetwo]

Bitcoin doesn't even have 1 million and has had multiple problems with forks in its long history. NEM has 2 million and is just fine.

I'm not sure, if this is correct comparing - a/ NEM has 10 times faster block generation, b/ utilization of BTC blockchain is much, much higher than by NEM. Hopefully this will be change sometime in the future, but now it looks really bad (and we're constantly falling, now at #18 position on CMC).

Prices go up and down all over the place, NEM stays almost the same. Interesting actions I would say.

Sorry, this is simply not true. Year ago, 1 NEM was at 12000 sat, now it's about 1300 satoshis. As BTC is 4-5x lower than before a year, it means ~ 40x decrease. And as we were on #4-#5 position year ago, now we're at #18 and constantly falling further. Maybe it's (the position on CMC) just means that here are more projects now, that are more interesting / overhyped / whatever ... despite of this or that, it's sad at all.

You haven't kept an eye on the USD price apparently. Again, it's almost the same.

Spread all the FUD you want and waste your energy. You know what you are trying to do with your propaganda