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

[Hollowman338]

That steak looks like a slab of silicone 

[Appleanimal]

I bought NEMstake. Happy.
Now time to relax and wait for 100 000 nxt / NEMstake.

[NEMergizer]

If there are 4 billion NEM and 1 Billion NXT so the real value of NEMStake today or by launch time should be 1b/4b = 250,000 NXT

This is just in case that NEM is as good and as functional as NXT.

In reality NEM is in fact much richer than NXT in many ways "if you disagree its your own problem go do your own research".

So The equation should out stand 1 billion / 4 billion, and in return 1 NEMstake should be > 250,000 NXT.

In few days we will totally forget about NEMstake <-> NXT exchange and we will start to get more familiar with NEM <-> BTC exchange.

In this case 1 NEM should be at least = (1NXT->BTC)/4 =~ 0.00005/4 = 0.0000125 BTC

[NEMergizer]

1 NEM > 0.0000125 BTC

In few days

[NEMergizer]

In few days 1 NEM should be at least = (1NXT->BTC)/4 =~ 0.00005/4 =~ 0.0000125 BTC

[makoto1337]

If there are 4 billion NEM and 1 Billion NXT so the real value of NEMStake today or by launch time should be 1b/4b = 250,000 NXT

This is just in case that NEM is as good and as functional as NXT.

In reality NEM is in fact much richer than NXT in many ways "if you disagree its your own problem go do your own research".

So The equation should out stand 1 billion / 4 billion, and in return 1 NEMstake should be > 250,000 NXT.

In few days we will totally forget about NEMstake <-> NXT exchange and we will start to get more familiar with NEM <-> BTC exchange.

In this case 1 NEM should be at least = (1NXT->BTC)/4 =~ 0.00005/4 = 0.0000125 BTC

But there will probably be 8,999,999,999 NEM, as previously discussed

[yweetot]

Why according to NXT pricing? nem is fairer than the NXT, more popular currency. It's worth more than the NXT

[makoto1337]

Why according to NXT pricing? nem is fairer than the NXT, more popular currency. It's worth more than the NXT

The code is a lot better too

[amytheplanarshift]

Keep in mind that NXT price is artificially inflated because the majority of it is being held by a few large whales who are holding and/or slowly dumping onto the market over time. NEM may have trouble getting near current NXT market cap in the short term, but that will only be because it is a more accurate representation of the true market value since we have a much more even distribution. Eventually, of course, I think we will surpass NXT's current market cap and more, but for now I would not be surprised to see a (relatively) low market cap upon launch (at least compared to NXT). But, maybe I will be pleasantly surprised.

[zanzibar]

Keep in mind that NXT price is artificially inflated because the majority of it is being held by a few large whales who are holding and/or slowly dumping onto the market over time. NEM may have trouble getting near current NXT market cap in the short term, but that will only be because it is a more accurate representation of the true market value since we have a much more even distribution. Eventually, of course, I think we will surpass NXT's current market cap and more, but for now I would not be surprised to see a (relatively) low market cap upon launch (at least compared to NXT). But, maybe I will be pleasantly surprised.

When it was at $100mil several months ago, I would have agreed with you, but Nxt is at $19mil marketcap.  It has thousands of users, hundreds of issued Assets, and Digital Goods, a very active development community, and it's valued less than the amount BlockStream just closed in funding ($21mil).  I would say Nxt is very undervalued.

[nzminer]

Why according to NXT pricing? nem is fairer than the NXT, more popular currency. It's worth more than the NXT

Why is NEM more farier than NXT?

[makoto1337]

Why according to NXT pricing? nem is fairer than the NXT, more popular currency. It's worth more than the NXT

Why is NEM more farier than NXT?

1) 1500+ initial investors as opposed to 72 (or 5, depending on who you talk to )

2) Proof-of-Importance instead of Proof-of-Stake, so the rich don't just get richer

3) Code is based on test-driven development, so people that invest in NEM are getting a much better product for their money that has been developed better

[nzminer]

Why according to NXT pricing? nem is fairer than the NXT, more popular currency. It's worth more than the NXT

Why is NEM more farier than NXT?

1) 1500+ initial investors as opposed to 72 (or 5, depending on who you talk to )

2) Proof-of-Importance instead of Proof-of-Stake, so the rich don't just get richer

3) Code is based on test-driven development, so people that invest in NEM are getting a much better product for their money that has been developed better

The distribution thing got to me lots too with NXT, but its not all that bad, and more people could have invested in it at the start if they wanted to, but none did.
I like both, but i really dont know which way either will go.

[makoto1337]

Why according to NXT pricing? nem is fairer than the NXT, more popular currency. It's worth more than the NXT

Why is NEM more farier than NXT?

1) 1500+ initial investors as opposed to 72 (or 5, depending on who you talk to )

2) Proof-of-Importance instead of Proof-of-Stake, so the rich don't just get richer

3) Code is based on test-driven development, so people that invest in NEM are getting a much better product for their money that has been developed better

The distribution thing got to me lots too with NXT, but its not all that bad, and more people could have invested in it at the start if they wanted to, but none did.
I like both, but i really dont know which way either will go.

NXT has a lot of cool stuff in their ecosystem as well, so it will be interesting to watch what happens.

[Simakki]

Are we going to see the launch before or after the Christmas?

[McDoxy1]

3) Code is based on test-driven development, so people that invest in NEM are getting a much better product for their money that has been developed better

I don't want to put words in your mouth but saying Nxt doesn't test their code before release would not be true. Test-driven development is a pretty standard practice.

[howi53]

Are we going to see the launch before or after the Christmas?

I am sure, launch is before Christmas - but I am not sure about the year.

[patmast3r]

3) Code is based on test-driven development, so people that invest in NEM are getting a much better product for their money that has been developed better

I don't want to put words in your mouth but saying Nxt doesn't test their code before release would not be true. Test-driven development is a pretty standard practice.

That's not what he's saying. Test-driven development doesn't merely mean testing your stuff. It means writing unit-tests before really implementing the actuall function. So you know what a function is supposed to do and write a test based on that and then test your function with it once you've implemented it. That way you can be certain your function does what you wanted it todo and of course with unit-tests in place you can recheck every time you change the code so it doesn't brake somewhere along the way.

I have no idea how NXT devs operate though so I'm not argueing either way.

[kodtycoon]

3) Code is based on test-driven development, so people that invest in NEM are getting a much better product for their money that has been developed better

I don't want to put words in your mouth but saying Nxt doesn't test their code before release would not be true. Test-driven development is a pretty standard practice.

That's not what he's saying. Test-driven development doesn't merely mean testing your stuff. It means writing unit-tests before really implementing the actuall function. So you know what a function is supposed to do and write a test based on that and then test your function with it once you've implemented it. That way you can be certain your function does what you wanted it todo and of course with unit-tests in place you can recheck every time you change the code so it doesn't brake somewhere along the way.

I have no idea how NXT devs operate though so I'm not argueing either way.

what i think makoto also means is that nxt wasnt exactly battle tested when it was released and a huge amount of debugging had to be done post-launch to make it stable, where as nem is the opposite.

[Istanbul34]

Why according to NXT pricing? nem is fairer than the NXT, more popular currency. It's worth more than the NXT

The code is a lot better too

How do you know? Did you study the latest version of the code of NXT?