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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1025. (Read 2985436 times)

hero member
Activity: 644
Merit: 500
We shouldn't focus so much on the price. We need to focus on doing what is the best thing.

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



He did it so NEM trolls wont die from starving.

In other words, no one should believe whatever he is posting about future of nem. He has either no clue, or he is being super optimistic, or he is trolling, according to you.
tyz
legendary
Activity: 3360
Merit: 1533
Great summary of NEM. I will use the text to explain NEM to newcomers I want to convince from the coin Wink

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

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 Smiley
legendary
Activity: 2142
Merit: 1010
Newbie
Then why were you posting here that nem will have 300 million market cap at launch just a week before the launch?

It's a well-known mantra posted by devs of every coin. Noone really takes it seriously, of course.
sr. member
Activity: 477
Merit: 250
Blockchain Just Entered The Real World
We shouldn't focus so much on the price. We need to focus on doing what is the best thing.

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



He did it so NEM trolls wont die from starving.
hero member
Activity: 644
Merit: 500
We shouldn't focus so much on the price. We need to focus on doing what is the best thing.

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





legendary
Activity: 1162
Merit: 1000
Allergic to false promises
....
We shouldn't focus so much on the price. We need to focus on doing what is the best thing.

So 1st go with smart contracts / asset exchange / decentralized maket places / mobile wallets so go road map
pickup some company to work with and rest will come. Good coins don't need much marketing.
For me NEM is not a coin, but a platform to be used by dapps.
So it looks like this atm and yes it definitely needs applications to fill up the gaps.

legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
want a tech overview like this for NEM
http://www.nxttechnologytree.com/
legendary
Activity: 1302
Merit: 1002
....
We shouldn't focus so much on the price. We need to focus on doing what is the best thing.

So 1st go with smart contracts / asset exchange / decentralized maket places / mobile wallets so go road map
pickup some company to work with and rest will come. Good coins don't need much marketing.
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.

I agree.  The problem right now with marketcap being low and volume not that high is trying to sell XEM to fund those better PR.  I guess it is the old chicken and the egg problem. hahahaha

That last press release was a free trial, so I took them up on the offer. 

dont sell on market sell via forum a bit below marketprice but without dumping the price.....

30 sat price coming soon

we need escrow and forum exchange

it was necessary to develop at once an exchange between nemsters at forum via escrow but not to climb on exchanges which suited dump.




We shouldn't focus so much on the price. We need to focus on doing what is the best thing.
full member
Activity: 177
Merit: 100
Nordway

I agree.  The problem right now with marketcap being low and volume not that high is trying to sell XEM to fund those better PR.  I guess it is the old chicken and the egg problem. hahahaha

That last press release was a free trial, so I took them up on the offer. 

dont sell on market sell via forum a bit below marketprice but without dumping the price.....

30 sat price coming soon

we need escrow and forum exchange

it was necessary to develop at once an exchange between nemsters at forum via escrow but not to climb on exchanges which suited dump.


legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds

I agree.  The problem right now with marketcap being low and volume not that high is trying to sell XEM to fund those better PR.  I guess it is the old chicken and the egg problem. hahahaha

That last press release was a free trial, so I took them up on the offer. 

dont sell on market sell via forum a bit below marketprice but without dumping the price.....
hero member
Activity: 588
Merit: 500
NEM ....best currency distribution ever ...!!!!!!!
...
NEM has brilliant coders like Next but the worst Marketing in Crypto...

Today Crypto is not on TOP news big investors time will come with next BTC bubble for me this is not so far ahead becouse there is a lot data that Central banks are printing "adding 0" to balances so time with fial currency collapse is comming,
then people will look for Gold then silver but in stock there will be any availbe so people will look for BTC as alternative asset which will protect you from inflation.

Personally i belive in that "QE"- printing money by central banks will  lead people to BTC and then some people will seek for alternativs and NEM have HUGE rise pottencial. Then not much marketing is needed.
Marketing is mostly needed when you want sell overpriced product amd need money for developing.
So far i see NEM have great coders and is worth to stick with it.

Yup !!!!!!
legendary
Activity: 1918
Merit: 1001
...
NEM has brilliant coders like Next but the worst Marketing in Crypto...

Today Crypto is not on TOP news big investors time will come with next BTC bubble for me this is not so far ahead becouse there is a lot data that Central banks are printing "adding 0" to balances so time with fial currency collapse is comming,
then people will look for Gold then silver but in stock there will be any availbe so people will look for BTC as alternative asset which will protect you from inflation.

Personally i belive in that "QE"- printing money by central banks will  lead people to BTC and then some people will seek for alternativs and NEM have HUGE rise pottencial. Then not much marketing is needed.
Marketing is mostly needed when you want sell overpriced product amd need money for developing.
So far i see NEM have great coders and is worth to stick with it.

I think that NXT could be alot better with more marketing too.
However its better to show the proof of the pudding rather than hype up a currency because of its features etc. Let people see how good it is for themselves and people will spread the word if its that amazing!
legendary
Activity: 1302
Merit: 1002
...
NEM has brilliant coders like Next but the worst Marketing in Crypto...

Today Crypto is not on TOP news big investors time will come with next BTC bubble for me this is not so far ahead becouse there is a lot data that Central banks are printing "adding 0" to balances so time with fial currency collapse is comming,
then people will look for Gold then silver but in stock there will be any availbe so people will look for BTC as alternative asset which will protect you from inflation.

Personally i belive in that "QE"- printing money by central banks will  lead people to BTC and then some people will seek for alternativs and NEM have HUGE rise pottencial. Then not much marketing is needed.
Marketing is mostly needed when you want sell overpriced product amd need money for developing.
So far i see NEM have great coders and is worth to stick with it.
legendary
Activity: 1946
Merit: 1007
I think that if bitcoin can continue to rise, a price increase and increase in interest in altcoins in general will be inevitable. NEM will see it's shining times again, i'm sure of it!
full member
Activity: 177
Merit: 100
Nordway
What is the difference between NEM and NXT, can somebody explain it to me please?

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 Smiley
hero member
Activity: 840
Merit: 501
What is the difference between NEM and NXT, can somebody explain it to me please?

NEM has brilliant coders like Next but the worst Marketing in Crypto...
hero member
Activity: 504
Merit: 512
What is the difference between NEM and NXT, can somebody explain it to me please?
full member
Activity: 177
Merit: 100
Nordway
if NEM becomes independent of Bitcoin and pegged to Fiat that would be a HUGE win Cheesy

when connect fiat it will be very convenient to buy xem directly for fiat bypassing btc. most important that is as much as possible payment processors and electronic payment systems exchange with fiat supported.

i think an exchange for fiat will include such payment processors as pay pal, perfect money, visa, master card, btc-e code, and others most popular in other countries. for example chinese union pay processors, or russian qiwi visa wallet processors, and so on. xem has to capture to maximum all countries of the world. this niche of fiat exchange.

worldwide it has to be easy for local currency and local largest processor of payment to buy cryptocurrency of xem. it will also be to occupy niche in market and to capture a territory maximum where xem could be bought easily for fiat.

but also besides connection to fiat it is necessary to dev a services sector and to spend funds for promotion of services sectors. in this case there has to be not pr of a coin xem and pr of services which accept for payment xem. all promotion has to go for services and services sectors. that on what users have to spend xem but not hold them bags on a wallet.
tyz
legendary
Activity: 3360
Merit: 1533
What brings you to this idea? is it because the issues with bitcoin xt? i mean, furture of bitcoin looks better than months ago imho.


bitcoin is dead

buy NEM

I agree, BTC's future is very uncertain at the moment.
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