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

[DGBfanster]

Quite a lame answer ....
where is the definition of "scam coin"?
If Devs cashed out, then Why in the NEM rich list (https://nemnodes.org/richlist/) still exist Devs (Jaguar, gimre, Alice) with the same XEM amounts as since 2015 ?    


The one exact math, which is every time forgotten, is the fact that when someone sells, then also someone buys.
According to the distribution list changes the big owners have not sold. Of course some of them have sold, but in the big picture they have not sold, because the Top100 has increased their ownings from 57 %   to   71 %.  


Distribution Fri, 05 Jan 2018 18:33:44 UTC:
Top Accounts           XEM                                         Percentage
Top 50                    4,804,818,406.12                         53.4%
Top 100                   5,119,481,371.59                         56.9%
Top 200                   5,455,792,305.26                       60.6%
Top 250                   5,609,101,108.18                       62.3%
Top 500                   6,365,621,548.69                       70.7%
All                           8,999,999,999                         100%




Distribution Fri, 12 Mar 2021 05:39:36 UTC:
Top Accounts           XEM                                         Percentage
Top 50                    6,166,236,694.24                       68.5%
Top 100                   6,423,452,170.92                         71.4%
Top 200                   6,739,353,256.10                       74.9%
Top 250                   6,890,203,307.06                         76.6%
Top 500                   7,543,466,571.50                       83.8%
All                           8,999,999,999                           100%



That may be mainly caused by the exchanges' accounts (people have moved their XEMs there...), but still: the Top100 individual owners have not sold much of their ownings. Now can easily be detected only 3 names whose accounts have been "emptied": mixmaster, bogdana and rockethead.

There may be different reasons: transferred to 3 MXEM nodes to harvest, or to exchanges to trade. Or to exchanges to ensure the XYM airdrop instead of "not-so-working-XYM-wallet-in-own-computer". Or to exchanges to sell some to cover the expenses of life. The last is the reason for some, no need for examples ...

Tell yourself whatever makes you sleep at night. The only fact is: A coin that drops over 60% in price during a bull market IS a PnD scheme. I've been around long enough to recognize that.

[1715156854]

1715156854

[jkoil]

Quite a lame answer ....
where is the definition of "scam coin"?
If Devs cashed out, then Why in the NEM rich list (https://nemnodes.org/richlist/) still exist Devs (Jaguar, gimre, Alice) with the same XEM amounts as since 2015 ?    


The one exact math, which is every time forgotten, is the fact that when someone sells, then also someone buys.
According to the distribution list changes the big owners have not sold. Of course some of them have sold, but in the big picture they have not sold, because the Top100 has increased their ownings from 57 %   to   71 %.  


Distribution Fri, 05 Jan 2018 18:33:44 UTC:
Top Accounts           XEM                                         Percentage
Top 50                    4,804,818,406.12                         53.4%
Top 100                   5,119,481,371.59                         56.9%
Top 200                   5,455,792,305.26                       60.6%
Top 250                   5,609,101,108.18                       62.3%
Top 500                   6,365,621,548.69                       70.7%
All                           8,999,999,999                         100%




Distribution Fri, 12 Mar 2021 05:39:36 UTC:
Top Accounts           XEM                                         Percentage
Top 50                    6,166,236,694.24                       68.5%
Top 100                   6,423,452,170.92                         71.4%
Top 200                   6,739,353,256.10                       74.9%
Top 250                   6,890,203,307.06                         76.6%
Top 500                   7,543,466,571.50                       83.8%
All                           8,999,999,999                           100%



That may be mainly caused by the exchanges' accounts (people have moved their XEMs there...), but still: the Top100 individual owners have not sold much of their ownings. Now can easily be detected only 3 names whose accounts have been "emptied": mixmaster, bogdana and rockethead.

There may be different reasons: transferred to 3 MXEM nodes to harvest, or to exchanges to trade. Or to exchanges to ensure the XYM airdrop instead of "not-so-working-XYM-wallet-in-own-computer". Or to exchanges to sell some to cover the expenses of life. The last is the reason for some, no need for examples ...

Tell yourself whatever makes you sleep at night. The only fact is: A coin that drops over 60% in price during a bull market IS a PnD scheme. I've been around long enough to recognize that.

"A coin that drops over 60% in price during a bull market IS a PnD scheme"

you may be right in that ... but (there is always at least one "but") in that drop was one reason also in the XEM => XEM + XYM and in the speculation, whether the XEM (NEM) will be forgotten by the dev teams... or by investors.

Also the "scam" accusation earns one "but". 
- I used to read about some alt coins in 2013 and 2014, but did not have time enough to prove myself that they are not scams. NEM I followed from the start and got the feeling that the scam-risk is so low that one can invest to it. It requires some time to get a "picture" about the project and the people in it. I think NEM has not been a scam. There has been real development, coding, new idea, and finally the working blockchain.

=>  but ... still waiting some proves for the scam accusation.

and...
but I do not sleep well. Never

[NotHatinJustTrollin]

Today we share a new partnership with StakeCapital , who provide financial instruments and services on top of the leading DeFi and staking network, adding strength to our DeFi network. 

[Dron Pelya]

I had been holding XEM for a few days before snapshot was did. But before the moment when snapshot was did, I had sold my XEM. I had stop-order, so when price began decrease fast, stop-order was activated.

[btcsmlcmnr]

I had been holding XEM for a few days before snapshot was did. But before the moment when snapshot was did, I had sold my XEM. I had stop-order, so when price began decrease fast, stop-order was activated.

To be eligible for claiming your XYM from your XEM, you have to own 100 XEM in your wallet in minimum at the time of the snap shot, not before, not after the snapshot.

XEM said it clearly and as Binance, one of exchanges support the XYM claim said in their announcements Snapshot Taken for Symbol (XYM) Airdrop Program for NEM (XEM) Holders

XEM and XYM are co-existing and will co-exist in the same ecosytem. Watch the video for more details and bright future of XEM and XYM. When people stop their panic on the future of XEM, price will recover and who knows how much one XYM will be traded on exchanges next 2 days.

[mishax1]

Ouch, 70% price drop, should have sold it before the snapshot, what an idiot. 

[ormin79]

Ouch, 70% price drop, should have sold it before the snapshot, what an idiot.  

Yep you are fooked, XYM is worth 0, what an imbecile.

[DGBfanster]

Can we call this the first exit scam of 2021? Good grief.

[MoneyJ]

So XyM  were airdropped from holders of XEM. To be honest, what in goodness is happening. Though NEM has new codes, not enough reason to doing this kind of token change. XEM is always have a promising asset since it was nearly only 5 satoshis until one big leap had happened . Now it  might to be zero in value.

[tyz]

So XyM  were airdropped from holders of XEM. To be honest, what in goodness is happening. Though NEM has new codes, not enough reason to doing this kind of token change. XEM is always have a promising asset since it was nearly only 5 satoshis until one big leap had happened . Now it  might to be zero in value.

Symbol is basically NEM 2.0. Since this new version contains major technical changes (among other things NEM is based on Java while Symbol was rewritten in C++), it was necessary to create a new chain. NEM 1.0 (XEM) is no longer technically compatible with NEM 2.0  aka Symbol (XYM). Therefore, NEM 1.0 (with a high degree of probability) will not have a future. Therefore this massive price drop is no suprise and was to be expected.

[jkoil]

How many dump-scam-s**t talkers have been here?
And always newcomers coming ...
Eg. XenonMKD in https://forum.nem.io/t/nem-xem-price-charts/1204/1386

But how many of them have returned to here and saying : "yea, yea, NEM was s**t, thou I made millions with in. I dissed it coz didnt like the devs. But it didnt prevent me making money out of NEM"





Edit 16.03.2021 :
now one of them has an exact forecast:  
"XenonMKD:
Got a word back from a MEGA WHALE (hedge fund manager), they will be rebuying and pumping XEM until XYM gets listed on Binance, target $1.2 in the next 45 days then a short at around $1.18 with a sharp decline back to $0.48."

and more:
"The first major pump $0.375 > $0.458 of XEM is happening in the next 3 days, by Friday. Then a shakedown dump back to $0.41.
Next week, by midweek pump to $0.46, short in a day back to $0.43, then heavy pump up to $0.51. This trend will continue in the next 45 days. New money will start coming in after $0.6, heavy dump of old hodlers at around $0.7, then a sharp pump up to $1.18 and then a heavy heavy short back down to $0.46 after which a bear period will begin.
XYM will launch with around $0.18-$0.21 on binance."

"The Mega whale has started the play, they are eating all the XEMs and won’t stop until $0.458 by friday.
New support line $0.387"


Interesting to see

[DGBfanster]

SEC is coming for NEM, it's just a matter of time. Look at XRP, it will be the same thing. PnD scheme go to jail

[jkoil]

SEC is coming for NEM, it's just a matter of time. Look at XRP, it will be the same thing. PnD scheme go to jail

SEC?  jail?    ... meaning what?
XRP? links of that?

[rasec]

SEC is coming for NEM, it's just a matter of time. Look at XRP, it will be the same thing. PnD scheme go to jail

NEM is decentralized and public unlike XRP

[DGBfanster]

SEC is coming for NEM, it's just a matter of time. Look at XRP, it will be the same thing. PnD scheme go to jail

NEM is decentralized and public unlike XRP

Yes because devs abandoned it after dumping their coins and making the smoke and mirror saying "we open the code for the community".

What is considered by SEC is the status of the company at the moment of the scam. In the event of the airdrop, NEM was centralized and SEC will shut this clown work down.

[lemonandfriesonetwo]

SEC is coming for NEM, it's just a matter of time. Look at XRP, it will be the same thing. PnD scheme go to jail

NEM is decentralized and public unlike XRP

Yes because devs abandoned it after dumping their coins and making the smoke and mirror saying "we open the code for the community".

What is considered by SEC is the status of the company at the moment of the scam. In the event of the airdrop, NEM was centralized and SEC will shut this clown work down.

This is a known thing about NEM, the old devs dumped and manipulated everything. Even censoring their channels from people stating facts.

ProximaX claims to be the better improved NEM that split away from all the drama of the NEM community.

ProximaX did the right thing by taking the code with them and distancing themselves away from NEM.  

[btcsmlcmnr]

Symbol is basically NEM 2.0. Since this new version contains major technical changes (among other things NEM is based on Java while Symbol was rewritten in C++), it was necessary to create a new chain. NEM 1.0 (XEM) is no longer technically compatible with NEM 2.0  aka Symbol (XYM). Therefore, NEM 1.0 (with a high degree of probability) will not have a future. Therefore this massive price drop is no suprise and was to be expected.

It is an implication that NEM will be almost a dead chain or will be less supported by the team after the launch of Symbol main net. The NEM team claimed that NEM and XYM will be both used and supported by the team. They are two main contributors to the ecosystem of NEM project. Are they lying about their plans and the future of NEM?

Two days ago, the team tweeted and tried to stop the panic from NEM holders.
https://twitter.com/NEMofficial/status/1370809872221147142

#XEM is the native token for NEM NIS1. Face with monocle

It has been running with no downtime or security breaches since 2015. Smiling face with sunglasses

Both $XEM and $XYM will coexist for their blockchains (NIS1 and Symbol) Rocket

Both have their own bright futures in the #NEM ecosystem. Sun with rays

The slogan on says so https://nem.io/

Because together,
everything is possible
One ecosystem, two blockchains, a world of possibility.

NEM NIS1 platform: https://nemplatform.com/
Symbol platform: https://symbolplatform.com/
NEM Ventures: https://nemventures.io/
NEM Community: https://nem.io/community/

[jkoil]

SEC is coming for NEM, it's just a matter of time. Look at XRP, it will be the same thing. PnD scheme go to jail

NEM is decentralized and public unlike XRP

Yes because devs abandoned it after dumping their coins and making the smoke and mirror saying "we open the code for the community".

What is considered by SEC is the status of the company at the moment of the scam. In the event of the airdrop, NEM was centralized and SEC will shut this clown work down.

This is a known thing about NEM, the old devs dumped and manipulated everything. Even censoring their channels from people stating facts.

ProximaX claims to be the better improved NEM that split away from all the drama of the NEM community.

ProximaX did the right thing by taking the code with them and distancing themselves away from NEM.  

"the old devs dumped and manipulated "  ??

Give some proofs. If not, then you just prove yourself being a FUDder. As usual

In the NEM rich list are the accounts    https://nemnodes.org/richlist/    (Jaguar*, gimre, Alice*)
and here can be checked the accounts' content : https://explorer.nemtool.com/#/s_account?account=.......

The Devs' accounts seem to contain the same amount of XEM as in 2016. So... who has dumped?

[ormin79]

SEC is coming for NEM, it's just a matter of time. Look at XRP, it will be the same thing. PnD scheme go to jail

It will not happen, because SEC is in hands of those, who controls every significant cryptoprojekt on earth.

[mishax1]

Was symbol launched already ?