Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1024. (Read 2985436 times)

A lot of what I see at this forum is people who see crypto as investment only. They believe it will make them rich and that's the only reason they are around... Preferably it'll make them rich today or tomorrow so they can cash out for fiat.
And that in fact is the main reason why the adoption of cryptocurrency is (and will) take much longer than any of these believers think.

What everyone should realise is that you need money to get in, to take it out!
Sure some people are getting good profits with the pump and dump schemes but while they do, they discourage adoption of crypto. Because for every whale that is manipulating the market, there will probably be hundreds of people that are just getting their feet wet in crypto and get discouraged because they see their initial investment decimated by these pump/dump schemes.

I see crypto as a means to do something about getting ripped off by the financial industry and ensure a fair/honest financial and monetary system. You may call me naive and an idealist but at least I am not the one expecting to get rich quick.

Sure I hope to make some profit from my XEM one day, but that's not the reason I am around. If XEM is at 50 sats around 2077 that's just fine by me, there will be more than enough opportunities to get value ( not profit per sé) from NEM.

If more people had this attitude; crypto would have been evolved a lot more than it is right now.

Stop expecting from devs and crypto to do something for you and start thinking what you can contribute, that's the only way to make progress and the main reason I am convinced NEM will eventually make it, since most of the core believers in NEM realise this.
Sure the price is low at this time, but that's mainly because of impatient people dumping faster than demand can grow at this time. However, I expect a pivot point where the price will shoot up and will never go back to near where it is now.  I have more fear of selling XEM and missing the pivot point than to see the price go to 10 sats, but time will tell who's right anyway. However, I am sure that if I am wrong, anyone wining about development progress going too slow or whatever will be long gone anyway 

He did it so NEM trolls wont die from starving.

This has been on repeat for over 6 months now...

Then why were you posting here that nem will have 300 million market cap at launch just a week before the launch?

https://bitcointalksearch.org/topic/m.7350595

Specifications
Hashing Algorithm: Proof-of-Importance
Genesis Date: March 31st, 2015
Block Time: 1 minute
Available/Total Supply: 8,999,999,999 XEM
Block Reward: N/A (transaction fees only + node rewards)

What is NEM?
NEM is a peer-to-peer crypto platform. It is written in Java and JavaScript with 100% original source code. NEM has a stated goal of a wide distribution model and has introduced new features in blockchain technology in its proof-of-importance (POI) algorithm. NEM also features an integrated P2P secure and encrypted messaging system, multisignature accounts and an Eigentrust++ reputation system.

Features
- NEM is built 100% from scratch (not a fork of any existing project)
- NEM is built with test-driven development
- NEM uses innovative Proof-of-Importance algorithm: first reputation based blockchain algorythm
- NEM improves different features of POW and POS coins, being more efficient and environmentally friendly
- NEM one minute average block times
- NEM is the first crypto with delegated harvesting
- NEM is the first with localized spam protection
- NEM is the first with Eigentrust++ peer reputation management
- NEM is the first editable m-of-n multisig with blockchain based alerts
- NEM offers encrypted, unencrypted and hex messaging
- NEM is easy to install with a one click installer
- NEM zero inflation (fixed supply, all 9 billion coins released at launch).
- NEM relatively large egalitarian distribution
- NEM will offer a mobile wallet for both iOS and Android (coming soon)

http://s25.postimg.org/6hytfe7nz/NEMpoints_v4.png

What is POI?
POI is the consensus algorithm used in NEM to determine who will calculate the next block. An account's importance is determined by how many coins it contains and the number of transactions made to and from that account. POI is different from other initiatives which use a fee-sharing model that does not take into consideration one's overall support of the network. In some proof-of-stake systems a person only needs to have large amounts of coins to form a block; however, in NEM the transaction amount as well as support of the network become a factor. This has been designed to encourage users of NEM to not simply hold NEM but instead actively carry out transactions within the NEM ecosystem.

http://s25.postimg.org/n709bb49b/NEMpoivspos_v2.png

Roadmap to V1
- Completion of all the features in the existing wallet
- Coloured Coins
- Business Rules (a.k.a. Smart Contracts)
- Decentralized Mosaic Exchange
- Integration of multisignature into the ME and Business Rules
- Snapshotting for quick syncing of nodes

nem better than nxt

What is the difference between NEM and NXT, can somebody explain it to me please?

....
We shouldn't focus so much on the price. We need to focus on doing what is the best thing.