[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 59.

Ozziecoin

sr. member

Activity: 448

Merit: 250

Quote from: TaunSew on May 24, 2014, 09:56:21 AM

It's easy to conclude that Darkcoin is a 'pump of the month'. When Bitcoin enters a stagnation period then money seems to coincidentally pile up on a low capitalization coin and sends it, temporarily, into the stratosphere.

Here are past examples

Aurora
Mint Coin
Vert Coin
Black Coin

We'll have to wait and see if Darkcoin maintains its' capitalization (or goes higher), I'm thinking no.

I think you may have made a mistake on that one bro. For the reason that darkcoin with privacy is more desirable than litecoin without it.

TaunSew

hero member

Activity: 756

Merit: 506

Quote from: ?? on ??

Quote from: TaunSew on May 31, 2014, 10:16:28 PM

NxT's price and volume has been skyrocketing but it's been established that, yesterday, the volume trading NEM tokens was $51,000 in a 24 hour period. People buying NxT to acquire NEM is what is shooting up NxT's price. No different than how people buying Maidsafe coins led to Mastercoin to double (triple?) in capitalization (which then plummeted afterwards).

NxT's volume a couple weeks ago, before NEM trading, was only $20,000 to $80,000. It looks like NEM, before alpha, is essentially almost as big as NxT in volume and that's despite being restricted to tokens on the AE.

if that is true.. thats quite astonishing!

There are links to confirm the $51K volume, albeit other people posted them so I don't have that link on hand (but I definitely saw it).

NEM is the only thing which explains NxT's recent upswing out of nowhere.

TaunSew

hero member

Activity: 756

Merit: 506

NxT's price and volume has been skyrocketing but it's been established that, yesterday, the volume trading NEM tokens was $51,000 in a 24 hour period. People buying NxT to acquire NEM is what is shooting up NxT's price. No different than how people buying Maidsafe coins led to Mastercoin to double (triple?) in capitalization (which then plummeted afterwards).

NxT's volume a couple weeks ago, before NEM trading, was only $20,000 to $80,000. It looks like NEM, before alpha, is essentially almost as big as NxT in volume and that's despite being restricted to tokens on the AE.

Candy L93

full member

Activity: 138

Merit: 100

https://bitcointalksearch.org/topic/nem-nemstake-tokens-are-listed-on-nxt-asset-exchange-616467
You can see here

Susy Desy

newbie

Activity: 56

Merit: 0

I can not access the google doc link.
I don't know whether i am there or not.

sevenyears26

member

Activity: 75

Merit: 10

Quote from: ?? on ??

Quote from: CECVW on May 31, 2014, 05:53:32 PM

Quote from: dewey556 on May 31, 2014, 05:51:03 PM

Quote from: CECVW on May 31, 2014, 05:48:00 PM

Quote from: ?? on ??

Quote from: CECVW on May 31, 2014, 05:39:42 PM

Quote from: ?? on ??

it will rise again once its on coinmarketcap.. nxt devs are in contacts with gliss to help with listing.

can it be listed in coinmarketcap when they are just tokens and not the real coins?

bin in contact with gliss(runs coinmktcap)

hes listing nem with the help of the nxt devs, may take a little longer than normal as he needs help to pull info from the nxt api, a dev from nxt is currently helping him with that now i think. be prepared for a huge influx of new nemsters lol

That's great news

but my question was , is it possible to be listed in coinmarketcap when the coin has not been officialy launched and its only the token...can it be listed like that???

since they added maidsafe (token) I dont think that should be a problem

Do you think it will be done by tomorrow or beginning next week? as I don't want to sell my token and wait till is listed...people are selling too cheap...do you think this will increase much higher the price as at the moment is 20k nxt per stake?

id say it will be done well within 48 hours but cant ever be sure... there was so much demand for it id say he will make it a priority. dont forget theres 3000 people that will want to be checking it lol

well ya id say it will push the price up a good bit.. people will see it suddenly in 15 place, check it out. and find out that there hasnt even been an alpha yet. or white paper or anything but yet its in 15 place.. wouldnt you think, shit thats something i gota buy! plus theres a fuck ton of people who use coinmarketcap that just dont know about nem yet.. id say its going to have a huge impact on the value! top 15 with no software or white paper.. thats mad! people will want in!

I agree with you there. I would try to buy as soon as possible.

TaunSew

hero member

Activity: 756

Merit: 506

Quote from: mrvegad on May 30, 2014, 05:41:04 PM

Not sure why people think marketcap is so important, until I can buy a product with NEM (online or pos) I don't care if market cap is one million or hundred million. If NEM works and we can get it in the hands of average joe then to me that's when the real market cap starts. The way I see it, right now NEM is just a commodity and not a currency which is what I will be working hard to do.

To constitute being a currency then it's literally the chicken before the egg. Nothing will be considered a currency until a coin's volume exceeds $1 billion within a 24 hour period, something which no current coin is close to doing - Bitcoin's record was $70 million.

There are the technical issues - for instance, all the required confirmations within Bitcoin makes it impractical to use in a brick & mortar store. There appears to be a theoretical way to get around this, such as Bitpay acting as an equivalent to a credit card. Though nothing stops Bitpay from wiping out Visa / American express and then later jacking up the fees when they establish a monopoly.

There really needs to be a digital coin with fast transactions and confirmations, and this has to be scalable when the coin later grows to a billion+ in volume.

khitan

newbie

Activity: 14

Merit: 0

will NEM released in June? It seems great.

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: ?? on ??

Quote from: jkoil on May 31, 2014, 08:26:32 PM

Quote from: ?? on ??

Quote from: jkoil on May 31, 2014, 08:16:47 PM

Quote from: oaks05 on May 31, 2014, 07:48:18 PM

anything think nxt value rising because people buying nxt to buy nem?

would that be the reason for DGEX.com responding too slowly currently ... Undecided

NXT has risen over 10% in a day

they have always been slow.. but dont worry you can trust them.. dgex is the safest exchange of all that trade nxt

yea, I know ... I use only it.

oh right.. sorry lol

not selling/buying right now tho

... was just checking the price, but no connection to DGEX. Had to visit Cryptsy to look NXT course.

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: ?? on ??

Quote from: jkoil on May 31, 2014, 08:16:47 PM

Quote from: oaks05 on May 31, 2014, 07:48:18 PM

anything think nxt value rising because people buying nxt to buy nem?

would that be the reason for DGEX.com responding too slowly currently ... Undecided

NXT has risen over 10% in a day

they have always been slow.. but dont worry you can trust them.. dgex is the safest exchange of all that trade nxt

yea, I know ... I use only it.

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: oaks05 on May 31, 2014, 07:48:18 PM

anything think nxt value rising because people buying nxt to buy nem?

would that be the reason for DGEX.com responding too slowly currently ... Undecided

NXT has risen over 10% in a day

oaks05

hero member

Activity: 770

Merit: 501

ive followed nxt price for a long time, im pretty sure nem def has something to do with the price rise, im not saying its the only reason, but nxt has only done 110,000 volume the past 24 hours and its risen 12%, what did nem do $50,000 volume the first day, easy math says its plausible.

megashira1

legendary

Activity: 1146

Merit: 1000

Quote from: oaks05 on May 31, 2014, 07:48:18 PM

anything think nxt value rising because people buying nxt to buy nem?

https://nxtforum.org/general-discussion/requesting-the-interview-with-coindesk/

oaks05

hero member

Activity: 770

Merit: 501

anything think nxt value rising because people buying nxt to buy nem?

mlwlxz

full member

Activity: 161

Merit: 100

Quote from: utopianfuture on May 31, 2014, 06:55:20 PM

Quote from: ?? on ??

Quote from: utopianfuture on May 31, 2014, 06:47:41 PM

NOW let's swarm coinmarketcap thread again if you want NEMstake to be listed, otherwise don't

https://bitcointalk.org/index.php?topic=199685.2980

gliss is already doing it is he not? i sent him cfb's skype so he can help with api stuff..

just give him a litter more push

Yes, I have already done so, ha

“Please Add NEM !
It is with great potential cryptocurrency, has a huge future”

smophf7

newbie

Activity: 21

Merit: 0

Things are heating up over an the NXT AE. How did NEM get there?

CECVW

legendary

Activity: 961

Merit: 1000

Quote from: utopianfuture on May 31, 2014, 06:55:20 PM

Quote from: ?? on ??

Quote from: utopianfuture on May 31, 2014, 06:47:41 PM

NOW let's swarm coinmarketcap thread again if you want NEMstake to be listed, otherwise don't

https://bitcointalk.org/index.php?topic=199685.2980

gliss is already doing it is he not? i sent him cfb's skype so he can help with api stuff..

just give him a litter more push

I just did

Come on people lets make NEM be in coinmarketcap as a coin leader

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: ?? on ??

Quote from: utopianfuture on May 31, 2014, 06:47:41 PM

NOW let's swarm coinmarketcap thread again if you want NEMstake to be listed, otherwise don't

https://bitcointalk.org/index.php?topic=199685.2980

gliss is already doing it is he not? i sent him cfb's skype so he can help with api stuff..

just give him a litter more push

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

NOW let's swarm coinmarketcap thread again if you want NEMstake to be listed, otherwise don't

https://bitcointalk.org/index.php?topic=199685.2980

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: ?? on ??

Quote from: CECVW on May 31, 2014, 06:10:16 PM

Quote from: ?? on ??

Quote from: CECVW on May 31, 2014, 05:53:32 PM

Quote from: dewey556 on May 31, 2014, 05:51:03 PM

Quote from: CECVW on May 31, 2014, 05:48:00 PM

Quote from: ?? on ??

Quote from: CECVW on May 31, 2014, 05:39:42 PM

Quote from: ?? on ??

it will rise again once its on coinmarketcap.. nxt devs are in contacts with gliss to help with listing.

can it be listed in coinmarketcap when they are just tokens and not the real coins?

bin in contact with gliss(runs coinmktcap)

hes listing nem with the help of the nxt devs, may take a little longer than normal as he needs help to pull info from the nxt api, a dev from nxt is currently helping him with that now i think. be prepared for a huge influx of new nemsters lol

That's great news

but my question was , is it possible to be listed in coinmarketcap when the coin has not been officialy launched and its only the token...can it be listed like that???

since they added maidsafe (token) I dont think that should be a problem

Do you think it will be done by tomorrow or beginning next week? as I don't want to sell my token and wait till is listed...people are selling too cheap...do you think this will increase much higher the price as at the moment is 20k nxt per stake?

id say it will be done well within 48 hours but cant ever be sure... there was so much demand for it id say he will make it a priority. dont forget theres 3000 people that will want to be checking it lol

well ya id say it will push the price up a good bit.. people will see it suddenly in 15 place, check it out. and find out that there hasnt even been an alpha yet. or white paper or anything but yet its in 15 place.. wouldnt you think, shit thats something i gota buy! plus theres a fuck ton of people who use coinmarketcap that just dont know about nem yet.. id say its going to have a huge impact on the value! top 15 with no software or white paper.. thats mad! people will want in!

kodtycoon I do agree on your explanation, I have two final questions for you before I go to bed...ONE) how can people sell so cheap and why the buyers also do not buy so cheap an as soon as hit coinmarkepcap will increase price drastically and the seller will regret selling so cheap and the buying not have bought so cheap and SECOND) how do you get the infor the next dev is working in adding it in coinmarketcap?

thanks

no bother lol

1) people are selling cheap because they see it as an easy 800 odd dollars and dont see any future in nem. or they sell bcos they dont expect anything to happen for ages causing a slow decline in price and therefore hope to buy in cheaper. dont forget there isnt software or white paper yet. allot of people would be skeptical because of this(it has been months after all) and therefore dont want to take the risk.

2) i saw that gliss was looking for help, so i thought i would post the request in the nxt forum and one of the devs offered to help so i forwarded on details. whether they are in talks now or not im not sure.. but id say they are.

that 800 dollars may be such a sum of money for some people that it would be stupid to not sell it.

One option could be that some investor takes the profits out and ensures that he will not lose anything in the "NEM invest". He may leave 10% - 90% of his stakes untouched. (Or she)

Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 59. (Read 661498 times)