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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 111. (Read 2984910 times)

newbie
Activity: 168
Merit: 0
Hey. I'm interested in a number of questions. Do you have a main node? How many coins do you need to hold the knot now?
member
Activity: 169
Merit: 10
...
NEM is one of the worst performing coins now: 5th place with -95.11% loss from ATH :/

A value investor will see that NEM is undervalued.

NEM ranked #4
https://coincheckup.com/analysis

NEM ranked #6
https://www.rise.global/blockchain-100

Fair Value of XEM ~$0.30
https://www.coinfairvalue.com/

BTC-XEM correlation
https://coinmetrics.io/correlations/#assets=btc-xem
https://www.sifrdata.com/cryptocurrency-correlation-matrix/

This is an opportunity. Use dollar-cost averaging and slowly accumulate.

01-01-2016  $0.00016
01-01-2017  $0.0036
+2,150% gain

01-01-2017  $0.0036
01-01-2018  $1.04
+28,789% gain

01-01-2018  $1.04 
08-30-2018  $0.10
The -90% loss is just another blip in the NEM journey.

Take the long-term view. Let's see what the 01-01-2019 and 01-01-2020 milestones will be.
Don't look back in a couple years and regret loading up. Smiley
member
Activity: 291
Merit: 10
m buying this as much as i can , at least every month a few and i am almost there , almost 10.000 but if i have enough it is not sure that i can use them to hold in my wallet to recieve more , like staking , i am asking this because i read somewhere that you have to build your importanse first?
member
Activity: 182
Merit: 10
Cross-Border Blockchain Real Estate Marketplace
Wanchain is an ethereum fork, they distinguish themselves by offering interoperability across other chains and what what I hear are making good progress with it. Nems catapult offers basically this same functionality through decentralized swaps plus tons more and many more sdks. Nems current public speed is lower than wans afaik, but catapult will increase it 5x or so I believe but no facts yet.

clever analysis, allthough you forget Aion currently is the king of interchain operability and data/transaction swaps. Nem is more a rival of ethereum and neo as far as I know, and less one of wanchain
legendary
Activity: 2408
Merit: 1004
nem is 20 times down from ath
hero member
Activity: 834
Merit: 524
Nxt NEM
Do you have any news when Catapult will be launched?
I heard many times before May 2018 it should be ready before end of May, now we have August, almost September and Huh
NEM is one of the worst performing coins now: 5th place with -95.11% loss from ATH :/

3 months is not much in sw projects...
There are still quite manu projects using NEM.

Low prices are good for new members Smiley

wgd
legendary
Activity: 1815
Merit: 1005
Do you have any news when Catapult will be launched?
I heard many times before May 2018 it should be ready before end of May, now we have August, almost September and Huh
NEM is one of the worst performing coins now: 5th place with -95.11% loss from ATH :/
newbie
Activity: 61
Merit: 0
If the NEM foundation doesn't build use cases for the XEM token soon they are going to be in serious trouble.  Wouldn't be surprised to see supernodes start quitting threatening the whole public chain.  I am still 100% convinced the foundation is absolutely clueless in marketing and promotion.  This is a typical problem of Asian-based coins though - no ability to communicate with the rest of the world and hyper arrogant to boot.
sr. member
Activity: 616
Merit: 250
NEM has built its own blockchain from the ground up, and in my opinion it has innovative utilities that are are notable and promising achievements. However, as these differences do not offer anything substantial on their own, if NEM is unable to capture a significant amount of business enterprise as it plans to, then there isn’t much more going for it that can’t be outperformed by its competition.
full member
Activity: 172
Merit: 134
Explore Crypto
It's good to see constant flow of the new projects into NEM blockchain. This is what we want. Kryptofootball game which was released today as a beta may be a gamechanger in the field of collectibles. Meanwhile I made a video explaining NEMonster, tool (service) for the NEM nanoWallet:
https://youtu.be/gU0OxijK1Lw
hero member
Activity: 1050
Merit: 506

catapult is not the unicorn where we will ride on top over the rainbow

in fact the most value and positive effect for the future is comming from the strong B2B network

with projects that build on top of NEM

and this is growing constant

so its just a matter of time

and yes time in a 1-2 years timeframe because no serious projects can be developed faster

so buy and wait for 2020 which will be the year of cryptocurrencies going mainstream with XEM being a top10 ranked coin again

no investment advice just my opinion  Cool

Hopefully we will be in top10 again...someday. And yeah, you're right, that serious projects cannot be developed faster than in ~ 1-2 years timeframe. On the other hand, NEM isn't something "freshly new", it's more than 3 years old solid platform, so there would be time for announcing of some serious - and already developed and managed - projects, for better widespread. Just see what's happened today with Dash, after announcing of partnership with Kripto Mobile (Latinoamerican mobile platform). Meanwhile, NEM is still losing their CMC position (has been oscilated between #16 and #17, now is at #18).

Well the thing is that developing something new or something which was never developed before, needs a higher timeframe in general. Dash´s new announcement is a good one since it really helps the mainstream movement and adoption in general. But it´s "just" an announcement and partnership, not a new feature or chain.
The CMC position is not very useful in general but still important to many people out there
legendary
Activity: 1418
Merit: 1002
NEM Community Fund is being discussed and changes proposed.

Please share your opinion on the thread as this is very important matter on how the Fund will be managed going forward...

https://forum.nem.io/t/vote-now-open-nem-ventures-incorporation-proposal/18861/101
member
Activity: 182
Merit: 11

catapult is not the unicorn where we will ride on top over the rainbow

in fact the most value and positive effect for the future is comming from the strong B2B network

with projects that build on top of NEM

and this is growing constant

so its just a matter of time

and yes time in a 1-2 years timeframe because no serious projects can be developed faster

so buy and wait for 2020 which will be the year of cryptocurrencies going mainstream with XEM being a top10 ranked coin again

no investment advice just my opinion  Cool

Hopefully we will be in top10 again...someday. And yeah, you're right, that serious projects cannot be developed faster than in ~ 1-2 years timeframe. On the other hand, NEM isn't something "freshly new", it's more than 3 years old solid platform, so there would be time for announcing of some serious - and already developed and managed - projects, for better widespread. Just see what's happened today with Dash, after announcing of partnership with Kripto Mobile (Latinoamerican mobile platform). Meanwhile, NEM is still losing their CMC position (has been oscilated between #16 and #17, now is at #18).
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
When will catapult happen .. ?? Price is very appetizing!) Grin

Must be never
I am waiting catapult from last summer…


catapult is not the unicorn where we will ride on top over the rainbow

in fact the most value and positive effect for the future is comming from the strong B2B network

with projects that build on top of NEM

and this is growing constant

so its just a matter of time

and yes time in a 1-2 years timeframe because no serious projects can be developed faster

so buy and wait for 2020 which will be the year of cryptocurrencies going mainstream with XEM being a top10 ranked coin again

no investment advice just my opinion  Cool
hero member
Activity: 1050
Merit: 506
When will catapult happen .. ?? Price is very appetizing!) Grin

Must be never
I am waiting catapult from last summer…


That's just not correct.

The migration of the private chain was never said to be finished in the last year. There was never a specific release date and therefore there is no real delay. Just take a look at everything already released and you will see how much work it is to develop the whole network from scratch for the second time
newbie
Activity: 73
Merit: 0
When will catapult happen .. ?? Price is very appetizing!) Grin

Must be never
I am waiting catapult from last summer…
newbie
Activity: 21
Merit: 0
When will catapult happen .. ?? Price is very appetizing!) Grin
hero member
Activity: 834
Merit: 524
Nxt NEM
...
Maybe, it was wash trading or the price was following Bitcoin with few real buyers. So, it wasn't possible to sell it all even for 7 mil USD.

Can you explain How Harvesting Works? Where the earned coins come from in particular? From transaction fees or from some of the above mentioned funds?
newbie
Activity: 28
Merit: 0
Current rich list says nothing, 'cause it's too easy to redistribute the coins.

So, it's Sustainability Fund, Marketing Fund (Launch/V1 Reward), Operational Costs Fund I, Pre-V1 Fund & Post-V1 Fund.

And Sustainability Fund got about 24% or more than 1/3 of Stakeholder Community Distribution because of sock puppets and unclaimed stakes.

And who controls the above mentioned funds?
Too easy to redistribute the coins? Just use the blockchain explorer to verify what ever you need about the funds.

All the accounts are controlled by members of the nem team. They use nem's native multisig to ensure that nothing can be moved without at least 5 different people agreeing to do so.

If the devs wanted to scam people why didn't they exit in december when the combined funds were worth over 7 billion usd?
Maybe, it was wash trading or the price was following Bitcoin with few real buyers. So, it wasn't possible to sell it all even for 7 mil USD.

Can you explain How Harvesting Works? Where the earned coins come from in particular? From transaction fees or from some of the above mentioned funds?
full member
Activity: 406
Merit: 100
Wanchain is an ethereum fork, they distinguish themselves by offering interoperability across other chains and what what I hear are making good progress with it. Nems catapult offers basically this same functionality through decentralized swaps plus tons more and many more sdks. Nems current public speed is lower than wans afaik, but catapult will increase it 5x or so I believe but no facts yet.
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