Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1029. (Read 2985483 times)

Important Forum Announcement

Hi Everyone,

I have some news about the forum.  Patmast3r worked really hard to get us migrated, writing a script from scratch.  

The users and posts from the old forum have been migrated over to forum.nem.io, and some of you might have already noticed emails coming in for the new forum.  The new forum will be much easier to maintain and update and uses a conversation styled theme.  It takes a little bit getting use to but I think most people will find it much better.  This style of theme is called Discourse and is gaining in popularity among forums. There are now social logins, reply to a post via email, drag and drop attachments, better search, as well as many other improvements.  

Here are somethings you need to know.  

Your old password won't work.

You should have been sent an email in the last 24 hours with a link to activate your account at the new forum.  

Please follow that link, and gaining access to your account please navigate to your Profile -> Preferences -> Send Password Reset Email.  You will be sent another email that will allow you to reset your password.  After that you will have full control of your account again and can customize your profile page, or start to post.  

Also, PMs from the old forum and attachments made to posts didn't get merged, so if there is any data that is important to you in those categories, it must be manually backed up.

Looking at these sell walls - I think I can kill NEM for a low cost of 20 BTC.  Should I do it?   

Operation NEVER EVER MORE NEM!   
 

Previous NEM tech updates did not increase the user adoption or improve the capitalization, so why would Mosaics be different?

NODE rewards will increase NEM volume but, unless new blood comes into NEM because of it, capitalization will go down from dumping freebies.  Can NODE rewards bring in the mining whores and convince them to net-buy into NEM?  Guess we'll find out.

Volume doesn't matter to me so why would I mention it?  As long as there are big enough buy and sell walls then it is inconsequential.  There's daytraders but, if you use tracking services, you'ld find that many of them are either broke college kids or people in developing countries doing dust transactions looking for pennies and dollar profit.  Spent more on lunch today than those people are trying to make.



Most of the volume we see in crypto is from PoW or inflationary PoS.  PoW induces artificial velocity from miners dumping free coins to pay for their overhead costs and hardware replacement.  Inflationary PoS = convert free coins into free money, you'ld be stupid not to.  So of course those coins will always have higher volume because of instant dumpers.

Even your baby NXT, unless you hate that too now, always had low volume compared to the other top 10 coins.  NXT isn't PoW and has a fixed supply and thus there aren't many freebies - there's a little from transactions but not much.

Yeah you didn't even mention volume... well guess there is nothing to mention. haha

You'ld be pretty stupid to be still owning NEM in 2017 and nothing from Makoto and Rockethead has yet to come out.  

 There is no user adoption - 10 addresses a week isn't good enough.  I would be satisfied if it was able to hit 100 a month.  It should even be a goal or maybe even a contest to see if NEM could get 100 new addresses after a month.  Once you can hit 100 then you can raise the goalpost.


Makoto and Rockethead have never really published  any informatics about their stuff in awhile. The other day I was told AltNemo has a beautiful website and  a lot of juicy info but that website was built back in 2014.

there is no interest from investors. investor needs the drive, pr is necessary, and it is necessary that all trolls told what fine xem. also spoke everywhere as speak now about eth.

here everything rests against financing. in the real world everything is solved by money. when Makoto told that it found financing, i thought oh yes it well. but what we see in practice? 0 btc of day volume against day volume 3000 btc on eth?

generally guys i will tell you so- we need financing which would be comprehensive, differently there will be a capitalization at very low level and the price in 1 sat. to that of course at heart i will be very glad to buy a large number of coins at the price in 1 sat, but thus such xem with such day volume 0 btc simply couldn't be sold to me then as the coin isn't necessary to anybody. in total only also speak devil take it about eth! yes i will start saying only about it soon!

money. money. money. money makes the mare go. understand it guys. without attraction of large capitals from such companies as goole, apple, samsung, and other will leave nothing! support by huge money is necessary if you want that xem came up and it started noticing as now notice only eth.

this world is so arranged. it is possible to offer it even shit. here everything depends on that as promote and what huge capitals join this market and these figures are displayed on day volume.

we will take for example iphone and it is comparable with inexpensive chinese models. we can see this difference as some chinese models of phones it is many times better than iphone but at price is cheaper and stocks of these chinese companies aren't appreciated in the world. simply those guys who has money, they can even pump up shit money. thus shit will live and good will die.

look for a way to money. to corporations. and then something will turn out. and so, without support big money of xem will die in a year. if doesn't change and money won't come, in 2017 i predict full death xem where it will be thrown out from all exchanges with the price in 1 sat.

good luck

http://blockexplore.in/search/richlist/

Fact is NEM is only growing by some 10 addresses a week and addresses are not people and this upswing was probably due to the faucet.    No time to deal with exact numbers but the approximation is a doubling of addresses will take up to 3.5 years at the current rate.

You paid Xtester 20 million XEM
You paid kodtycoon 10 million XEM
You paid a lot of "marketers" a lot of XEM.  


Where are the results?  Where is the adoption?  Where is the marketing?  The advertising?


Many of the people who were paid the most for marketing did the least of what ever marketing there was.  Translations are essential marketing, some people spent hour(s) on them and yet many translators were paid less than 1 stake and some weren't even paid at all.      

 Yet we had someone like Xtester who was paid 20 million XEM and many can testify he was a terrible moderator (he let CfA spam all day and was inactive for weeks at a time) and no forum moderator in the world, even a competent one, even deserves more than a single stake..


How you guys handled this reward for marketing, which was cronyism, implies that NEM is being ran by dangerous management.  

A) How can an investor knowingly invest into NEM if they knew these facts?  If you give the developers money, will they just give it away to friends and relatives?  Dangerous I'ld say.

B)  Because of cronyism - nobody new to NEM has incentive to contribute.  Why bust your butt so some figurehead marketer, who does nothing, gets 10x more than you?   New economy is oddly starting to look like old economy of cronyism and corruption..

The passive aggression from hardcore NEM supporters, who never see wrong being done by the developers or marketers, is ultimately what keeps people away.   Nobody likes narcissism.

The thread right now is Jabo38 and a few others on a broken cassette player (talking to themselves).  NEM thread had way better activity in early 2015 and especially 2014.

...or the trolls left there where money pays for trolling. look in trollbox on Polo? obviously for eth there is very huge money what even trollbox on Polo were bought and captivated paid trolls. pr eth company for certain spends millions dollars that around all spoke only about eth.

+1 for eth
- 1 for xem

we need pr!

...or the trolls got finally convinced about the superiority of NEM technology 

Even the trolls have stopped caring about NEM hehe. Not good.

Thanks for sharing. Good news but we need to consider that most banks are see blockchain and cryptocurrency as two seperate things. They are mainly interested in blockchain technology, not at cryptocoins.

once we're done with testing in testnet, it looks good, as jabo was able to find one pretty serious bug.

bit more open testnet access should be avail #soon.

bankchain technology...

bitcoin and NEM are necessary to nobody. bankers want to have and control bankchain.

More and more banks are investing in blockchain technology ...

http://www.businessinsider.com/barclays-derek-white-on-bitcoin-and-blockchain-2015-9

True, it's really cheap actually.
Faucet is nice for new XEM users with no cryptos to buy. Referral system is mostly a trick for people willing to get more revenue from their faucets. This one does not generate any. Sure it could attract some more new users, but still ref masters that takes the more XEM.

I do think other projects are probably more interesting/higher priority. The price of XEM is almost free on polo anyway

Interesting indeed

But main purpose of the faucet right now is to spread XEM, it is not meant to be a "money farm".
With referral system funds will be dried too fast... Users are increasing every day actually so let's see where it goes first

Also, I don't really want to go again in the code for now as I am on other projects and checking and maintaining the faucet is already taking me lot of time. Maybe later if I code some kind of "FaucetBox" for users to run their own but it's not something you'll see on the official faucet (unless team really wants it).

Too bad that https://faucetbox.com doesn't do NEM...