Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1145. (Read 2985369 times)

Still anything isn't present. Early to speak about marketing. There is no outlet in which someone would accept XEM in payment of goods and services. And much still that in cryptoplatform isn't present.

Let at first though someone will begin reception of XEM and only then it will be possible to speak about marketing.

At this point in crypto's evolution, you'd probably be better off trying to sell them the benefits of using a payment processor like BitPay instead of trying to convince them to accept BTC or altcoins directly. They probably don't care at all about cryptocurrencies but might see the value of services like BitPay since they allow merchants to accept fiat from a wider range of people (in this case, Bitcoin users) with zero risk to themselves. I know NEM isn't supported but services which can seamlessly convert NEM into BTC and vice versa could easily be set up (if they don't already exist).

and if it were so, do you not think that NEM would Need some Marketing? 

Yep.. Marketing. For me exactly that is all that matters in that poll.

Liberland has not been offically acknowledged by any country or organization yet. Although it has neither inhabitants nor buildings or infrastructure on its ground. It does not make sense to talk about that NEM or Bitcoin could be the offical currency of that "country". It's just a marketing gag in my eyes.

Awesome! XEM is second (114 votes) after Bitcoin (183 votes) on voting for Liberland currencie:

https://www.facebook.com/groups/liberland/?fref=ts

A brand new cryptocurrencie for a brand new country

why is XEM not 0.00000100 btc ?
i bought on 0.00000098

please pump !

you're wrong. Every cryptocurrencie has her whales, and those would also help NEM. IMO Nem has only two types people, dumpers and holders... No one is trading his XEM.. Who wants to help NEM should trade on bittrex and btc38 too... apart from that I do not understand why the volume of btc38 still not appearing on coinmarketcap, and why no one of the devs cares about... If we can increase the NEM volume on btc38 they would add NEM to their fiat markets, which have a much higher volume than bitcoin Markets on btc38...
I will not attack nobody but i still no understand the inaction of devs, or marketing team (if there is such a thing)

Just what you do with fiat, save some and trade with some. Apparently you have quite a chunk If everyone keeps to their Nem it will loose it's value (since it's sooo young) so you will be holding on a pair of valueless numbers.
I should sell all my XEM?  

I contacted an online real estate platform asking them if they would consider using cryptocurrencies such as BTC or NEM. Many online retailers only use USD or another fiat. Is there someone who can write a good letter/template that we can use to contact online companies and business to promote Nem.

I should sell all my XEM? 

I don't think it's a good idea to hoard large amount of coins. Maybe this is what many are doing and this affects the coin market cap. The volume on Poloniex is very very low whcih gives a signal to outsiders not to invest in it.

BitShares isn't 212 satoshis. It's 1,504 satoshis.

You also really need to take the total coin supply into account in order for any comparisons to be meaningful. marechoux has explained this point quite well. Another analogy is to think of it as buying a percentage stake in a company. Assuming two companies have the same market cap, would you rather have 1 share out of a total of 90 shares or 1 share out of a total of 10 shares?

The first grants you ownership of little over 1% of the company. The latter grant you ownership of 10%. The best option then is to choose the latter. Hence the total number of coins (or in this analogy, shares) you own is meaningless unless you also know the total supply.

NEM has 9 billion coins. NXT has 1 billion coins. Even given that the market caps are identical, would you rather have 1 coin out of a total of 9 billion or 1 coin out of a total of 1 billion?

Of course, you should choose the latter option.


I'm invested in NEM but not to the same extent as NXT. I'm also invested in BTS too. Other than your choice to not buy any NEM, I definitely agree with your viewpoint. NXT wouldn't be what it is today without people like jl777. jl777 isn't a core NXT dev but what he does is he builds services that exist on top of the NXT core platform. It is these services that add value into the platform.

It's nice to think that if the technology is good, then the talent should follow but the situation today is quite different compared with 2013 and early 2014. When NXT was launched, it was pretty much the only functioning 2.0 platform in the altcoin space. Nowadays, there are many competing 2.0 platforms.


If you want to get into ridiculous amounts, there are coins like CENT which have trillions upon trillions of coins. That one even had individual wallets containing trillions of coins.

And finally to add one more point, it's possible that having a lower price per coin could have psychological implications. Many people were attracted to Dogecoin's low price when Bitcoin was worth almost $1,000. The whole movement to switch over to "bits" was pretty much born out of this idea. A cheaper NEM price might actually encourage a few more people to buy NEM vs. NXT or BTS (although I suspect this effect probably won't be very strong).

For example such coins as STR and XRP have on 100 000 000 000 coins, thus they don't stand up far for 100 Satoshi.

Spiders statement on the rate of vesting is correct.

The reason for vesting is it is a part of the POI algorithm.  

This form of vesting prevents Sybil attacks.

Now, I became to know there is a vested balance in account.
Anyone please explain to me easily the reason of being of vested account, and it's pros and cons.
Thanks in advance.

What about this 5 million xem I kept hearing about?

any news on the release of disputed sock stakes?

It's 10% of unvested balance per day. It takes about 30 days to get 99-100% vested.
So it's (Current Balance - Vested Balance) * 10%.

This is not 100% accurate but I think its something like 20% per day