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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1048. (Read 2985369 times)

newbie
Activity: 44
Merit: 0
Something went drastically wrong at communicating to the public about NEMs features. Nobody is talking anymore about it on the trollboxes. And if you mention XEM you get answers like "lol xem". This is really disappointing as there has been so much work by the devs and others and it seems like nobody finds it useful  Embarrassed

Maybe our wide distribution has something to do with it.
A stable XEM value indicates to me that NEM is more resistant to pump and dump and therefore less interest to the kids in the trollboxes.
Marketing is very restrained. We are still in beta, our modus operandi is stealth, so until NEM Version 1 gets here I  guess things will be a little quiet.
hero member
Activity: 980
Merit: 1001
Something went drastically wrong at communicating to the public about NEMs features. Nobody is talking anymore about it on the trollboxes. And if you mention XEM you get answers like "lol xem". This is really disappointing as there has been so much work by the devs and others and it seems like nobody finds it useful  Embarrassed

Maybe it's just me but the fewer attention NEM get's from people that hang out in trollboxes the better.
hero member
Activity: 984
Merit: 1000
Something went drastically wrong at communicating to the public about NEMs features. Nobody is talking anymore about it on the trollboxes. And if you mention XEM you get answers like "lol xem". This is really disappointing as there has been so much work by the devs and others and it seems like nobody finds it useful  Embarrassed
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013

This is exactly right. "These are still early days."

PayPal processes $240 billion worth of transactions a year and has a marketcap of $45 billion. https://finance.yahoo.com/q?s=PYPL
Visa processes $4.8 trillion worth of transactions a year and has a marketcap of $181 billion. https://finance.yahoo.com/q?s=V

A $9 billion marketcap is nothing for a technology that will most likely compete with all current financial institutions.

Bitcoin has first-mover advantage and is the top brand, but NEM will have second-mover advantage being more efficient and feature-rich.

Bitcoin
-Has inflation (14,437,800 btc in circulation, that leaves 6,562,200 btc still left to mine). https://blockchain.info/charts/total-bitcoins   https://en.bitcoin.it/wiki/Controlled_supply
-Energy hog Proof-of-Work block reward algorithm. (PoW a.k.a. Proof-of-Waste)
-PoW mining causes monetary inflation.
-Slow 10 minute transaction confirmation.
-Poor initial distribution.
-No asset exchange.

NEM
+Zero inflation (fixed supply, all 9 billion coins released at launch).
+Energy efficient Proof-of-Importance block reward algorithm. (PoI is environmentally friendly and rewards only the most active nodes.)
+PoI harvesting, no monetary inflation, coins are earned solely from transaction fees.
+Fast 1 minute transaction confirmation.
+Relatively large egalitarian distribution.
+Delegated harvesting.
+Encrypted messaging.
+m-of-n Multi-signature.
+Eigentrust++ peer reputation management.
+One-click install client.
+Ninja releases!  Cool
future:
  +Business rules.
  +Decentralized asset exchange.
  +Mobile wallet for Android and IOS.
  +...

NEM is built 100% from scratch (not a fork of Bitcoin or Nxt). The devs engineered NEM for the future with 9 billion* XEM.
*actually 8,999,999,999 XEM (Burning 1 XEM gave us that "fortunate" eight at the beginning.)

Estimated population, based on current growth trends, to reach 9 billion in 2040.  https://en.wikipedia.org/wiki/Projections_of_population_growth
World population to exceed 9 billion by 2050.  http://www.un.org/esa/population/publications/wpp2008/pressrelease.pdf

Bitcoin: 21 million/1 satoshi = 2.1 quadrillion units.
NEM: 9 billion/0.000001 = 9 quadrillion units.

The unregulated derivatives market is ~$1.5 quadrillion dollars. http://moneymorning.com/2014/10/01/taking-profits-in-a-1-5-quadrillion-bubble/

NEM is designed to accommodate our entire global economy.



NEM has great potential. In the future I can easily see 1 XEM being valued at 1 fiat dollar.


Nice summary someone needs to make an infographic out of this ...

100,000 XEM tip for somebody to help me make an infographic
legendary
Activity: 1050
Merit: 1000
FYI: Poloniex will no longer be offering services to residents of  New York ...



If nobody saw this coming, you're incredibly naive.

Governments may praise crypto all they want, but in the end it challenges their positions of authority by undermining the fraud that is FIAT. I think this is just the tip of the iceberg for things to come:

http://www.coindesk.com/ny-bitcoin-business-45-days-bitlicense/

Can you expand on your assumptions?

I don't see how it challenges their authority, FIAT is just a way to trade value for goods/services just like crypto is trying to do.
sr. member
Activity: 490
Merit: 252
FYI: Poloniex will no longer be offering services to residents of  New York ...



If nobody saw this coming, you're incredibly naive.

Governments may praise crypto all they want, but in the end it challenges their positions of authority by undermining the fraud that is FIAT. I think this is just the tip of the iceberg for things to come:

http://www.coindesk.com/ny-bitcoin-business-45-days-bitlicense/

That's why we need a decentralized exchange, even if this means slower transactions.
hero member
Activity: 497
Merit: 501
FYI: Poloniex will no longer be offering services to residents of  New York ...



If nobody saw this coming, you're incredibly naive.

Governments may praise crypto all they want, but in the end it challenges their positions of authority by undermining the fraud that is FIAT. I think this is just the tip of the iceberg for things to come:

http://www.coindesk.com/ny-bitcoin-business-45-days-bitlicense/
legendary
Activity: 1418
Merit: 1002
FYI: Poloniex will no longer be offering services to residents of  New York ...

newbie
Activity: 30
Merit: 0
Interesting course.

Developing, Testing, and Troubleshooting IPv4 and IPv6 Using Wireshark.
Monday, August 3 - Friday, August 7

August 3 - Day 1: An Introduction to IPv4 and IPv6
August 4 - Day 2: An Overview of Wireshark Features
August 5 - Day 3: Sniffing Your Local Network and Filtering
August 6 - Day 4: Advanced Wireshark Features and Techniques
August 7 - Day 5: Using Wireshark to Test an Embedded IPv6 Project

The Digi-Key Continuing Education Center has a series of free 45-minute online lessons. You also earn IEEE Professional Development Hours for each course.
http://www.designnews.com/lecture-calendar.asp

Free, open-source packet analyzer.
https://www.wireshark.org/
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
one of the directions, which XEM can take on arms in one of the first queues - a lending

https://bitcointalksearch.org/topic/bitcoin-loans-1133459
hero member
Activity: 700
Merit: 501
1000% ROI Masternode Coin
Why after 1 October 2015
What will be happen then ?

Which means we'll see it around June 2016 haha
legendary
Activity: 2408
Merit: 1004
More stable and from nubits

legendary
Activity: 2408
Merit: 1004
Nem

Is the most stable coin

At 1400000 dollars

From the begging

Hahhahahahahhaha
legendary
Activity: 2408
Merit: 1004
Why after 1 October 2015
What will be happen then ?
full member
Activity: 133
Merit: 100
Can XEM worth 100k satoshi? Huh

yes, after 1 october 2015
hero member
Activity: 616
Merit: 500
TEZOS
Makoto somehow said in one of the interviews that invites in the crypto platform NEM banks. Having understood assets I constructed the mechanism of integration of any bank into the crypto platform NEM. For integration of any bank it is required to create an asset, to enter the initial total amount included in an asset further to establish either a positive or negative interest rate for deposits. The rate has to be regulated by means of a vote by shareholders of an asset. These shareholders are necessary not with is simple, at negative interest rates proceeding from a share of the had shares of an asset each owner of an asset will be able to receive the returnable commissions. I.e. at positive interest rates the asset has to draw percent by charge of percent on each separate deposit (asset), and at negative interest rates to anybody that it isn't paid in the form of percent on deposits any more and on the contrary the system starts extending as the vacuum cleaner from deposits of means (assets) at a size of a negative interest rate.

Thus by means of an adjustable interest rate from + (positive) to - (negative) we will create the ideal tool for an intergation in the crypto platform NEM of already operating banks. On the basis of namespaces and mosaics it will be very convenient to them to be integrated into the NEM environment. Assets it is offered to enter approximately such : USD, EUR, RUB, GBP, JPY, CNY, AUD, CHF, and so on. On CHF there will be negative interest rates. On deposits it won't be favorable to store at a rate in - 0.75% (negative) therefore it will be favorable to take the credits in CHF interest-free, but thus thawing in a year for 0.75%. Further perhaps the bank of Switzerland will increase a negative interest rate to - 4% and to owners of a returnable asset of CHF on the had stocks will already go in the form of returns more. I.e. at positive interest rates the system such as in the Russian Federation at 11% per annum pays on deposits to users, and at negative already is paid nothing (excessive money supply of an asset by means of a positive interest rate isn't generated), and even on the contrary those people who have CHF an asset, are obliged to pay automatically in a year of 0.75% in favor of bank. Such money is ideally suited for the credits. So there will be both deposit accounts, and accounts with an negative interest rate an which it is best of all not to store and to take them in the form of the interest-free credits on established by bank term, or for an indefinite term as on 0.75% a year will come back all the same automatically in equal shares to owners of credit assets of CHF, who gave out to those people. Here most likely the bank will have 51%, the rest will be offered for sale for investors and speculators to own a share on stocks of a credit asset.

It turns out for NEM banks can create all ideal conditions both in respect of deposits and in respect of the credits. Plus to it to everything to allocate banks with a big set of useful functions for maintaining in the block chain tech NEM of the banking by means of assets with the changing interest rate both in positive and in a negative side.

Generally we wait for banks which the first will be integrated into a block chain tech NEM. In the beginning it will be most likely small as in small banks always first of all there are all new innovations, at the expense of it they also stay afloat. And when the bank small to it is much simpler to carry out cardinal changes. Well and in the presence of necessary means we nemsters can create The National Bank NEM on the basis of the crypto platform NEM. All necessary tools are available for us for this purpose, the main thing will develop the sphere of exchange offices of partners who worldwide to change our fiat assets as analog of Perfect Money which works completely with exchange offices partners. The payment order practically has no deposits and withdrawals. It and to the best, thus on the partner relations with exchange offices and private moneychangers is built more protected business and the payment order of Perfect Money than here doesn't risk. The main thing is safety of accounts. Here I suggest to create analog Perfect Money. There will be our National Bank NEM with fiat currencies which will decide to add to ourselves inside. It will be the first-ever decentralized fiat bank. We will regulate interest rates for deposits at votes of shareholders by method of collective vote for an interest rate.

Original on Russian here : https://bitcointalksearch.org/topic/m.12023853
sr. member
Activity: 307
Merit: 250
Also Nodes/NIS needs to be booted, this should all be automatic...

It is if you configure it in the settings.

I know, but it should already be configured that way...

 how do you configure NIS to auto-boot?

If you are using the standalone version, there is a file called config.properties in the NIS folder. You have to edit that file. Remove the "#" from the following lines and supply a boot name and a private key for booting:

Quote
nis.bootName=SomeNodeName
nis.bootKey=SomePrivateKey

The private key should not be a private key to an account with xem on it.

Thanks, that did the trick Smiley
hero member
Activity: 616
Merit: 500
TEZOS
Can XEM worth 100k satoshi? Huh

October 1, 2015 the USA cancels cash dollars. After October 1, 2015 there will be only electronic dollars on bank accounts, on the VISA and Master Card cards.

Plus the offshore the Cayman Islands stops being on October 1, 2015 the offshore. Many unaccounted dollars will pour out on the markets. Billions, tens of billions, one hundred billions, and even trillions. Perhaps and XEM something will get from this money Smiley

http://communitarian.ru/novosti/finansy/s_1_oktyabrya_pravitelstvo_ssha_nachnut_proceduru_otkaza_ot_bumazhnyh_dollarov_i_vneshnih_dolgov_26072015/
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
How install at new computer my
Xem

Wallet?

Back up or copy your wallet and your address book from the old computer to some usb stick. Install nem on your new computer and copy the wallet/address book from the usb stick to the c:\user\\nem\ncc folder.


http://blog.nem.io/how-to-find-export-or-delete-your-wallet-and-address-book-file/
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
Also Nodes/NIS needs to be booted, this should all be automatic...

It is if you configure it in the settings.

I know, but it should already be configured that way...

 how do you configure NIS to auto-boot?


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