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

[DenisZabar]

So i have a few question because it is my first time i am participating on an airdrop  


1. I have my XEM on the NEM Wallet. First at all do i have to save the NEM Wallet itself?

2. I opt-in and saved the pdf and everything else.

So my question is:

The Airdrop will starting soon. For example the airdrop will take place on 5 december. Could i sell my XEM for example at 0,40€ at 3 december and i will get the new symbol currency too or do i have to wait after the airdrop and then i could sell my XEM ?



best regards
R4shify

At december 15-17 when snapshot will be done amount XEM that you have in your opt in wallet you will get same amount XYM.

For example if you have now 150356 XEM and sell it tommorow and expecting to get 150356 XYM at time of snapshot you WILL NOT get any coin.

https://forum.nem.io/t/symbol-snapshot-and-launch-confirmation-published-06-11-2020/26253

[Evgen86]

Hello!  What price do you expect closer to the events?

[fragout]

Anyone got a final breakdown of where all the XYM funds go?  will all all the dev funds, silvercoin etc wallets be converted to XYM too ? Also after the 6 years is up, what will happen to unclaimed XYM

[KimNg]

https://twitter.com/iainwilson11/status/1326493314921754627
Ahead of the curve. 

[jkoil]

https://forum.nem.io/t/symbol-launch-discussion-topic-3-3-snapshot-block-height/26198

Option 1: Random selection of a height by code at launch time
Option 2: Known block selected and communicated ahead of time
Option 3: Known block selected and exact height communicated after launch

Option #2 is best. All parties involved will have the same information, let there be no question of manipulation.

For many it is tax favorable that XYM have a zero value at distribution.
Let the XYM distribution occur before the XYM trading.  

Option 1 can also be without manipulation.
Eg. it is decided that the snapshot will be taken from the block at height [X ... X+2000],  the snapshot height would be X+Y.
Beforehand is shown the formula for the Y :
 e.g. Y = (DowJonesIndex * GoldPriceInUSD * somethingmore) mod 2001

DowJonesIndex and GoldPriceInUSD etc. are taken at the certain date and time after the block X+2000.

[Coolpranay]

Helle nem admin

 Any exchange support this airdrop
Example : Poloniex | Bittrex | HitBTC | Binance | Changelly | Zaif | Others

[KimNg]

Snapshot Confirmed for 14 January 2021
https://forum.nem.io/t/snapshot-confirmed-for-14-january-2021/26370

Launch: 14th January 2021 (exact time TBC)
Snapshot Block: 3,025,200
Snapshot Date: 14th January 2021 (approx 11:07am UTC from block height)
Pre Launch Opt-In closes: 9th January 2021

Good decision. A December launch would have been too rushed.
Better timing with additional testing and verification will maximize success.

[gsxrl3oi]

I wish there would be an option put in our nem wallet with an OPT IN button you can just click on.
can you make that happen devs? or is there one already being made? thanks

[satb]

I wish there would be an option put in our nem wallet with an OPT IN button you can just click on.
can you make that happen devs? or is there one already being made? thanks

There is an optin version of the wallet that allows you to do so.

https://nemplatform.com/wallets/

[DrBeer]

I wish there would be an option put in our nem wallet with an OPT IN button you can just click on.
can you make that happen devs? or is there one already being made? thanks

The version SPECIALLY for OPT-IN operation has long been released, see below
https://github.com/nemgrouplimited/NanoWallet/releases/download/2.4.7-optin/build-2.4.7-optin.zip

And also a link about what is OPT-IP and snapshot
https://nemplatform.com/symbol-migration/

[ormin79]

Look all at WavesUSD chart. If Waves can, why not XEM? This postponed airdrop of XYM makes maybe one more time bad PR for NEM, but i hope still that waiting will pay off, so i hodl XEM until will see the price from my dreams.

My dream for now is 2$, if Bitcoin is near ATH, XEM deserves for this 2$ before airdrop, and starting price for XYM also should be as high as possible. That gives better visibility for the project in cryptosphere.

I drew a tarot card with the main question if this 2$ around snapshot is possible:



For now energies of eight wands say that it is possible, however as always very temporary in nature. 8 suggests even higher price than in my question (8$?) or eight waves of growth, but in tarot energies are very changable, and some factor from the future can change this energy in another one with other price level. Other thing is that wands can show in terms of time the spring. With 8 wands can indicate 8 day of spring, or maybe 8 weeks from the time of question (23.11.2020 so 8 week from now gives the time 11-17.01.2021).

We all know that in cryptoworld nothing is impossible.

[tyz]

Hello!  What price do you expect closer to the events?

I expect that the price will rise a little bit by the beginning of December. I think those who want Symbol tokens have already bought enough XEM. With the snapshot coming closer, there will still be speculators that will still get in, but I no longer expect a larger increase. After the snapshot, I expect the XEM price to implode.

This postponed airdrop of XYM makes maybe one more time bad PR for NEM, but i hope still that waiting will pay off,

Postponed airdrop? Did I miss something? Do you mean the snapshot?

[fragout]

Hello!  What price do you expect closer to the events?

I expect that the price will rise a little bit by the beginning of December. I think those who want Symbol tokens have already bought enough XEM. With the snapshot coming closer, there will still be speculators that will still get in, but I no longer expect a larger increase. After the snapshot, I expect the XEM price to implode.

This postponed airdrop of XYM makes maybe one more time bad PR for NEM, but i hope still that waiting will pay off,

Postponed airdrop? Did I miss something? Do you mean the snapshot?

Um scroll up 4 or 5 posts. January now. Do you think XYM will command the same price as NEM pre-snapshot ?

[ormin79]

Hello!  What price do you expect closer to the events?

I expect that the price will rise a little bit by the beginning of December. I think those who want Symbol tokens have already bought enough XEM. With the snapshot coming closer, there will still be speculators that will still get in, but I no longer expect a larger increase. After the snapshot, I expect the XEM price to implode.

This postponed airdrop of XYM makes maybe one more time bad PR for NEM, but i hope still that waiting will pay off,

Postponed airdrop? Did I miss something? Do you mean the snapshot?

Um scroll up 4 or 5 posts. January now. Do you think XYM will command the same price as NEM pre-snapshot ?

Yep some people names this action airdrop, but it's not for free, as we know. Of course XEM prise must implode after snapshot (or even few days before, just like it was with NXT story), but before depending on market circumctances (and pumping groups activity) price can spike just like described in the card of 8 wands. See this picture one more time, it shows skyrocketing price action:D

After the snapshot we have XYM, its very hard to predict how high will be open and close of the first day of trading, but for XYM should be high, and very volatile (even incredibly volatile).

And i think that many more people will collect now XEMs for expected XYMs, but price is not so attractive like it was few months ago. Those who buy first, will sell with higher reward ratio, thats all:D

And what says tarot? I drew another one card for XYM with longer perspective much beyond the snapshot (energy for whole 2021 year) and this is the answer:



So dont expect that high price for XYM will last long, this two cards (8 wands and 10 swords) say that it will be only very common for cryptomarket pump&dump scheme. After high start XYMs price will fall similar to XEMs freefal from around 2$ to few cents. That will be very sad, but it's only "rinse and repeat pattern", many should be familiar with that pattern and behaviour of cryptomarket.

For XYMs future beyond 2021 i drew much better card:



Hard work should pay off, but it will be really haaard work with long waiting for the fruits.

[satb]

I think XEM price will spike towards the snapshot date, then I expect a drop in XEM price.  On XYM release I speculate there will be some selling so price will drop, I predict it will be a steady decline, with good buying opportunities at the bottoms. 
However, with a bullish BTC market and general crypto bullishness throughout 2021 it's hard to predict which way it will go. Generally  I still think we're in the early stages of a bull market, and there's much bigger BTC price rises to come, which will carry the rest of the crypto market along with it.

Disclaimer: Not investment advice.

[tyz]

Um scroll up 4 or 5 posts. January now. Do you think XYM will command the same price as NEM pre-snapshot ?

Thanks!

Yes, anything else would be a disappointment! Symbol includes all of the technology that we have been waiting for years to be implemented in XEM and which also was the reason why XEM has been ranked pretty stable on CMC (always somewhere between rank 15-30) for years. In my opinion, they have also done a lot more right in marketing with Symbol than with XEM. But we have to wait and see.

[ormin79]

Someone says that this crash in case of Bitcoin was imminent:

https://translate.google.com/translate?sl=auto&tl=en&u=http%3A%2F%2Fcrashesalgebra.blogspot.com%2F2020%2F11%2Fgalois-theory-jest-algebraiczna-baza.html%23comments

see minskymoment (author) replies from November 18, 2020 at 4:08 AM and short before Bitcoin dump:
November 25, 2020 at 12:04 PM

the author uses quasicrystals to predict price, time and volatility

I hope that it will be only deep correction not the beginning of bad time for total marketcap capitalization.

[DrBeer]

Hello ! Did anyone take advantage of this offer? The essence itself is not quite clear, given the market price? Does someone trade deliberately at a loss?
https://twitter.com/NEMofficial/status/1331617411485888523

[tyz]

Hello ! Did anyone take advantage of this offer? The essence itself is not quite clear, given the market price? Does someone trade deliberately at a loss?
https://twitter.com/NEMofficial/status/1331617411485888523

Didn't know the service so far. But in principle it seems to be a kind of copy of changelly.com, at least at first glance I can't see much difference. Since I've been using Changelly for a long time and am satisfied, I would not use this short-term offer to use a provider I don't know. Also since it is only worthwhile if you buy really large amout, otherwise you tend to save peanuts.

[DrBeer]

Hello ! Did anyone take advantage of this offer? The essence itself is not quite clear, given the market price? Does someone trade deliberately at a loss?
https://twitter.com/NEMofficial/status/1331617411485888523

Didn't know the service so far. But in principle it seems to be a kind of copy of changelly.com, at least at first glance I can't see much difference. Since I've been using Changelly for a long time and am satisfied, I would not use this short-term offer to use a provider I don't know. Also since it is only worthwhile if you buy really large amout, otherwise you tend to save peanuts.

Already for myself, I have formed a certain assessment of the project ... For now, I will pause for now - there is no clear plan on the side of the developers yet, there are ideas. I will wait for now, wait for the time when there will be a clearer "picture" of the project