Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1104. (Read 2985369 times)

It is the market. The asset price of NEM Asset Exchange will be growing. It won't be favorable to people to sell this asset cheaper as it thaws every week in quantity for 1%. This 1% after each 168 hours comes back to balance of the founder of an asset. I.e. that who gave an interest-free loan.

The asset of NEMcredits will be on sale on NEM Asset Exchange. Those will put who up for sale will take the credits. The first people them will take the issued interest-free credits to play them on NEM Asset Exchange with the purpose to establish them fair market price.

How it works?

Will allow I borrow 10000 NCR. The rate on the credit of 0%, thus from the sum of my overall balance of an asset 10000 NCR goes each 168 hours automatically 1% for balance of the founder of an asset. Thus I obtain the credit under 0% and thus I pay every week the automatic commission from overall balance of an asset of 1% for balance of the founder of an asset. Thus in a year the founder of an asset will return to himself to 52% per annum from all issued credits, it is its profit. In addition the borrower obtains the interest-free credit, simply it has to as it is possible to master rather this money as the more long they lie at it the less at it them becomes. This money smoothly on 1% a week comes back to balance of the founder of an asset. They don't burn down, they come back in the form of 1% a week. In a month it will be 4% somewhere.

Example: I borrowed 10000 NCR, terms any aren't present and if my asset on hands stayed week that for the seventh day from me the commission of 1% of an asset keeps. The balance of an asset for the seventh day will be 9900 NCR. This commission will go to the founder to balance of an asset. It is its profit and he can issue the new interest-free credit for this profit.

Sorry, but I don't get it. How do you want to "decrease" the amount? If I buy 50% I'll have it until the end of the world.
And even if so. See following example:
Lets assume there are only 100 of a coin, that are worth for example 100 $. And somehow you manage to remove 1 coin out of that pool, so that you have your 1% decrease. All coins may raise this 1% in price to 1.01$ but the marketcap will still be 100 $ and for sure not exceed the one of bitcoin.
I guess you have to rethink about your idea.

Sounds very interesting. please let us know if you plan an IPO

XEM is looking pretty healthy in terms of price. The buy support looks pretty stong. I can't see the price dropping below 70 satoshis ever again, and a lot of dumping for even 75 sat.

Do you plan some giveaway or IPO/ICO?

When there is Nem AE the first asset there will be NEMcredits, there will be very popular this asset as it every week will decrease in quantity by 1% that, respectively, will raise its price always only up and up. I predict market capitalization of NEMcredits the exceeding market capitalization of BitCoin. And here and about our interest-free credit system learns the whole world about us. Then we will credit all, especially the price will be very high this asset of NEMcredits. It will allow to credit in the future even huge infrastructure projects within development and hardening in the world of the crypto NEM platform with its already real infrastructure. Many large world companies will besprotsentno be credited at us then.

I predict still an advance in price of the coin of XEM in a consequence of a demand and demand for interest-free loans of NEMcredits. Here concerning growth on how many XEM will go up in price because of crediting, I don't know yet and I won't undertake to guess. But if NEMcredits on capitalization overtake BTC that and XEM will many cost as to use crediting XEM need to buy in the beginning.

Many will take NEMcredits credit in the beginning in order that it is simple to play them at the exchange as very strongly growing will be because decreases in quantity every week by 1%. It will also shake to it capitalization the market very high.

89,999,999,999.00000000000 NEMcredits think we will let out. The international NCR code, by all this code will be recognized then. Such quantity is necessary that then tens of billions of dollars were possible to be given out on credit on development of businesses worldwide. That that with a stock is anything terrible. After a point let there will be 11 signs, that with a huge stock. The whole world will use this money then. 4% - 5% a month are taken away as a tax in the general feeding trough to the founder of an asset. The central committee on the basis of multi-signatures will dispose of this fund of crediting. Will decide to give whom and to whom not to give the credits. But I think the small sums will have to allocate without increased requirements, NCR all the same will return after time in the form of the taxation.

Over time goods prices and services in cryptocurrency of NCR will fall down and the cryptocurrency of NCR will rise in price.

Original here : https://bitcointalksearch.org/topic/m.11474948

For Makoto

Yes, totally. I hope none of you will go through this. Be careful using AWS!

P.S.: My iPhone 6 (128 GB) + much stuff is still available!

That must be quite a relieve 
Happy for you 

I also made some analysis for my own needs and I came to the conculsion that the fair price for XEM at the moment is around 90 to 100 sats. I compared several factors with some other projects like BTC, Counterparty, Doge, NXT etc. But its pretty subjective with no scientific background 

NEM iS thE DEADEDDD   

lets be honest that 3m NEM needed to apply for reward system did their job mostly on price movement.
those 70-80sat NEM are gone from market for good.

(i have personally invested few BTC into it NEM looked untouched by most pumps around and is very good coin that can go higher ofc.
+20% gain value is not even pump )
***
but nice article.

PS: Last pumps waves triggered some sells and i moved money to untouched coin(NEM).

good market action, here is a technical analysis that we wrote:

http://themerkle.com/speculation/new-economy-movement-xem-technical-analysis-for-5272015/

Some of you might know the story about my IDLE-Amazon's-EC2-Instance. Great news from the AWS-support:

So happy right now!

easy return back with that except i'm far from a bitcoin fan.

i've said many a time before todate the only thing good to ever come out of cryptos is the 'idea'.

however i'd also say if NEM was out first and bitcoin followed years later, i'd say bitcoin was a massive improvement ie mainly alot simplier and easy to deal with.

so yeah new or original code doesn't automatically make it better. though it seems the default sales pitch around this joint.

think the main thing required for any crypto to be useful as a currency is KISS

and i can tell you now bitcoin itself is too much for average joe to get his head around.

Agree! Very likely the result of newly paid out NEMStakes. I think there will be some more good opportunities to buy XEM next time.

yes i received my stake yesterday, after the initial round not caring too much for claiming.

happy to have some to play and experiment.

to me though being honest, and many would have guessed this already, NEM is like every bad idea i've seen in the history of the forum rolled into one coin.

oh well watching with interest

Glad to see you here too

thanks for the nem my stake came in today!!!!!!!