According to marketcap.com
XEM daily volume (24h): 40 BTC = $9227
XEM marketcap: $905967 = 3942 BTC
ETH daily volume (24h): 2911 BTC = $669032
ETH marketcap: $ 65054326 = 283079 BTC
XEM volume/marketcap = 9227/905967 = 1,02%
ETH volume/marketcap = 669032/65054326 = 1,03%
Not very different in the last day.
Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1018. (Read 2985436 times)
September 17, 2015, 01:52:03 AM
September 16, 2015, 10:58:22 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
Don't forget that you have to take into account volume!
Can you really draw a conclusion about how most people value their XEM when the total volume for the last 24 hours is just over 1% ??
I think most of today's volume is bots,investors and some impatient people that take the opportunity to sell which may in fact be based on very limited knowledge of NEM for everyone who's selling.
1% daily volume is the average of any successful coin. Do the the math for Ethereum. There are around 62M ether = 248,000 BTC based on todays exchange rate. The average daily Ether volume is around 2000 Ether. which is almost 1%
XEm 24 Hour Volume $294, Ether 24 hour volume: $4022. That is nearly 1,500% percent more value.
Percentage wise: XEM 0.24%, Ethereum 3.32%, do you just make up stuff in your own head?
xem 24 hour volume is sitting at $9634.........
I was referring to today's volume not the past months. Yes XEM volume was too low namely in the past two months. Today it started to get back to normal. Hopefully will sustain.
September 16, 2015, 09:16:41 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
i've many issues with NEM probably one of the biggest is its distribution, that was seriously gamed and easy to game, almost lucky to hold even its current price with that.
September 16, 2015, 08:00:16 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
It would be nice to see how the richlist has changed when the pump and dump is over.
Is it spreading XEM or is someone accumulating them?
September 16, 2015, 07:28:56 PM
Very good interview, word will spread when people see for themselves what XEM is capable of.
Will be great to see more of these interviews, this is our marketing...
Will be great to see more of these interviews, this is our marketing...
September 16, 2015, 06:33:04 PM
September 16, 2015, 03:44:30 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
Don't forget that you have to take into account volume!
Can you really draw a conclusion about how most people value their XEM when the total volume for the last 24 hours is just over 1% ??
I think most of today's volume is bots,investors and some impatient people that take the opportunity to sell which may in fact be based on very limited knowledge of NEM for everyone who's selling.
1% daily volume is the average of any successful coin. Do the the math for Ethereum. There are around 62M ether = 248,000 BTC based on todays exchange rate. The average daily Ether volume is around 2000 Ether. which is almost 1%
XEm 24 Hour Volume $294, Ether 24 hour volume: $4022. That is nearly 1,500% percent more value.
Percentage wise: XEM 0.24%, Ethereum 3.32%, do you just make up stuff in your own head?
xem 24 hour volume is sitting at $9634.........
September 16, 2015, 02:58:30 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
Don't forget that you have to take into account volume!
Can you really draw a conclusion about how most people value their XEM when the total volume for the last 24 hours is just over 1% ??
I think most of today's volume is bots,investors and some impatient people that take the opportunity to sell which may in fact be based on very limited knowledge of NEM for everyone who's selling.
1% daily volume is the average of any successful coin. Do the the math for Ethereum. There are around 62M ether = 248,000 BTC based on todays exchange rate. The average daily Ether volume is around 2000 Ether. which is almost 1%
XEm 24 Hour Volume $294, Ether 24 hour volume: $4022. That is nearly 1,500% percent more value.
Percentage wise: XEM 0.24%, Ethereum 3.32%, do you just make up stuff in your own head?
September 16, 2015, 02:44:58 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
Don't forget that you have to take into account volume!
Can you really draw a conclusion about how most people value their XEM when the total volume for the last 24 hours is just over 1% ??
I think most of today's volume is bots,investors and some impatient people that take the opportunity to sell which may in fact be based on very limited knowledge of NEM for everyone who's selling.
1% daily volume is the average of any successful coin. Do the the math for Ethereum. There are around 62M ether = 248,000 BTC based on todays exchange rate. The average daily Ether volume is around 2000 Ether. which is almost 1%
September 16, 2015, 02:33:41 PM
Makoto mentioned in the interview that the ultimate plain for NEM development is to have multiple simple titles/tiles that when connected together can build great things such as a decentralized internet. He namely mentioned titles/tiles such as bandwidth, storage and decentralized CPUs. I am wondering if there is any current plan/design for such amazing features. Perhaps all will fall into smart contracts in one way or another. I would appreciate it if Makoto can clarify the future design of these functionalities. Will side block chains be considered to form side decentralized resources? I think that would be the best way for building trust in and out of NEM main network/blockchain.
We are discussing this subject on the NEM forum here: https://forum.nem.io/t/how-smart-contracts-will-operate-in-nem/1520
We are discussing this subject on the NEM forum here: https://forum.nem.io/t/how-smart-contracts-will-operate-in-nem/1520
September 16, 2015, 12:35:09 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
Don't forget that you have to take into account volume!
Can you really draw a conclusion about how most people value their XEM when the total volume for the last 24 hours is just over 1% ??
I think most of today's volume is bots,investors and some impatient people that take the opportunity to sell which may in fact be based on very limited knowledge of NEM for everyone who's selling.
we need many people in chats at exchanges extending knowledge of xem!
September 16, 2015, 12:30:42 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
Don't forget that you have to take into account volume!
Can you really draw a conclusion about how most people value their XEM when the total volume for the last 24 hours is just over 1% ??
I think most of today's volume is bots,investors and some impatient people that take the opportunity to sell which may in fact be based on very limited knowledge of NEM for everyone who's selling.
All talk no action.
September 16, 2015, 12:27:47 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
Don't forget that you have to take into account volume!
Can you really draw a conclusion about how most people value their XEM when the total volume for the last 24 hours is just over 1% ??
I think most of today's volume is bots,investors and some impatient people that take the opportunity to sell which may in fact be based on very limited knowledge of NEM for everyone who's selling.
September 16, 2015, 12:26:46 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
NEM is undervalued. A higher volume after a publication like this (Let's Talk Bitcoin) is no surprise but just a normal market reaction."Views: 1963"
Yes 2000+ views hours after release is pretty impressive!
I write a blog for a private company. I have 39 subscribers. I get somewhere around 5k views in the first 24 hours (Most are secondary views from search engines and bots and such...) You're kidding.
September 16, 2015, 12:23:38 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
NEM is undervalued. A higher volume after a publication like this (Let's Talk Bitcoin) is no surprise but just a normal market reaction."Views: 1963"
Yes 2000+ views hours after release is pretty impressive!
September 16, 2015, 12:22:16 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
NEM is undervalued. A higher volume after a publication like this (Let's Talk Bitcoin) is no surprise but just a normal market reaction."Views: 1963"
September 16, 2015, 12:19:57 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
NEM is undervalued. A higher volume after a publication like this (Let's Talk Bitcoin) is no surprise but just a normal market reaction.This is expected! XEM price will probably triple within the coming couple of months.
September 16, 2015, 12:16:55 PM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
NEM is undervalued. A higher volume after a publication like this (Let's Talk Bitcoin) is no surprise but just a normal market reaction. 
September 16, 2015, 11:59:00 AM
It was indeed a really big pump and dump action. I didn't think that this would be possible for a (actually) well-distributed coin like NEM :/
September 16, 2015, 11:55:05 AM
Did someone say International Remittances?
https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-247-understanding-the-new-economy-movement
Good interview, although some of it over my head!
Some exciting promising projects concerning NEM, I agree the only way to get past this specualtive phase (which almost all coins are in)
is to have real uses/users and real companies building and developing out on the NEM platform.
"Views: 1963" hahahahaha
Jump to: