1 NEM > 0.0000125 BTC
In few days
Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1479. (Read 2985369 times)
December 07, 2014, 07:37:21 PM
December 07, 2014, 07:35:54 PM
If there are 4 billion NEM and 1 Billion NXT so the real value of NEMStake today or by launch time should be 1b/4b = 250,000 NXT
This is just in case that NEM is as good and as functional as NXT.
In reality NEM is in fact much richer than NXT in many ways "if you disagree its your own problem go do your own research".
So The equation should out stand 1 billion / 4 billion, and in return 1 NEMstake should be > 250,000 NXT.
In few days we will totally forget about NEMstake <-> NXT exchange and we will start to get more familiar with NEM <-> BTC exchange.
In this case 1 NEM should be at least = (1NXT->BTC)/4 =~ 0.00005/4 = 0.0000125 BTC
This is just in case that NEM is as good and as functional as NXT.
In reality NEM is in fact much richer than NXT in many ways "if you disagree its your own problem go do your own research".
So The equation should out stand 1 billion / 4 billion, and in return 1 NEMstake should be > 250,000 NXT.
In few days we will totally forget about NEMstake <-> NXT exchange and we will start to get more familiar with NEM <-> BTC exchange.
In this case 1 NEM should be at least = (1NXT->BTC)/4 =~ 0.00005/4 = 0.0000125 BTC
December 07, 2014, 07:19:06 PM
I bought NEMstake. Happy.
Now time to relax and wait for 100 000 nxt / NEMstake.
Now time to relax and wait for 100 000 nxt / NEMstake.
December 07, 2014, 06:56:40 PM
That steak looks like a slab of silicone 
December 07, 2014, 06:47:23 PM
Heads up BETA TESTERS!!!
0.4.39 has just been released. Potential fork at block 71000.
https://forum.nemcoin.com/beta-launch-discussion/nem-beta-0-4-39
0.4.39 has just been released. Potential fork at block 71000.
https://forum.nemcoin.com/beta-launch-discussion/nem-beta-0-4-39
December 07, 2014, 06:37:34 PM
Omg so cute
Is it the official mascot?
Nem in crypto is like Nintendo in videogames
You mean NEMtendo?
December 07, 2014, 04:58:34 PM
Finally home again after being out of office for about 2 weeks. Back to work. 
Glad your back. :-)
P.S. Can you update the title in the thread? Some people can get a little confused.
Done.
December 07, 2014, 04:58:15 PM
Finally home again after being out of office for about 2 weeks. Back to work.
Hope you had a good much needed time from all this. You'll have more of it once this baby is up and running. We all will.
Actually it was no relaxation period, it was work. Anyway, there will be time for relaxation, but it's not now.
December 07, 2014, 04:39:08 PM
Finally home again after being out of office for about 2 weeks. Back to work.
Glad your back. :-)
P.S. Can you update the title in the thread? Some people can get a little confused.
December 07, 2014, 04:24:53 PM
I don't want to be a downer or anything ...
But I would warn everyone to trade NEMstake with extreme caution and that the current price doesn't mean much.
NEMstake is not a liquid market and the price could go either way with a few buys and sells. It could very well be worth much less after launch which would dissapoint quite a lot of people around here.
You should probably only buy a NEMstake if you really believe in NEM and want to hold on to it for a very long time, and not for short term profit.
But I would warn everyone to trade NEMstake with extreme caution and that the current price doesn't mean much.
NEMstake is not a liquid market and the price could go either way with a few buys and sells. It could very well be worth much less after launch which would dissapoint quite a lot of people around here.
You should probably only buy a NEMstake if you really believe in NEM and want to hold on to it for a very long time, and not for short term profit.
Lately I have realized this as well. Good luck to all anyways!!
December 07, 2014, 04:21:40 PM
Finally home again after being out of office for about 2 weeks. Back to work.
Hope you had a good much needed time from all this. You'll have more of it once this baby is up and running. We all will.
December 07, 2014, 04:20:22 PM
i find it somehow a little uncontrolled and also a little unfair. Most of the people were giving their stake back already.
As there are only 150 stakes there is only a very small amount for trade. Someone could make easily artificially market making. All others are not able to participate.
The price could rise easily 10 times (and/or drop to 1/10). Most people gave the stake back because of time pressure and now they are out...
I would suggest to set the deadline soon... do we really have to wait for the release for this?
As there are only 150 stakes there is only a very small amount for trade. Someone could make easily artificially market making. All others are not able to participate.
The price could rise easily 10 times (and/or drop to 1/10). Most people gave the stake back because of time pressure and now they are out...
I would suggest to set the deadline soon... do we really have to wait for the release for this?
Don't bother waiting for the release man. I stop. They'll do it when they're ready. I'm tired of waiting too. Just cause we want it to be launch doesn't mean we're goin to dump either. Im in it for the long run. Don't bother waiting or asking when this will be launch.
December 07, 2014, 04:17:01 PM
Finally home again after being out of office for about 2 weeks. Back to work.
P.S. Thanks for the thoughtful letter, Jabo.
P.S. Thanks for the thoughtful letter, Jabo.
December 07, 2014, 03:32:32 PM
i find it somehow a little uncontrolled and also a little unfair. Most of the people were giving their stake back already.
As there are only 150 stakes there is only a very small amount for trade. Someone could make easily artificially market making. All others are not able to participate.
The price could rise easily 10 times (and/or drop to 1/10). Most people gave the stake back because of time pressure and now they are out...
I would suggest to set the deadline soon... do we really have to wait for the release for this?
As there are only 150 stakes there is only a very small amount for trade. Someone could make easily artificially market making. All others are not able to participate.
The price could rise easily 10 times (and/or drop to 1/10). Most people gave the stake back because of time pressure and now they are out...
I would suggest to set the deadline soon... do we really have to wait for the release for this?
December 07, 2014, 11:46:14 AM
December 07, 2014, 11:25:43 AM
44 999 nxt per NEMstake
soon we will break throuhg 45 000 nxt
NEMcoin is like a rocket ! Nothing can´t stop him.
soon we will break throuhg 45 000 nxt
NEMcoin is like a rocket ! Nothing can´t stop him.
I am feeling now I should have asked for my NEMstake.
December 07, 2014, 09:38:42 AM
How the soft fork is seen in NCC? Is the NCC's highest block less than Blockchain Explorer's... like 10 - 30 blocks behind and NCC is synhronizing all the time?
Who's responsibility is to identify that case [1] and remove the db? The wallet owner's?
Why dont you come over to the nemforum where the real technical discussions take place? This thread is not the place for this in my opinion. Everything in one single thread... You wont find crap later... Who's responsibility is to identify that case [1] and remove the db? The wallet owner's?
December 07, 2014, 09:23:03 AM
I don't suspect you're serious. That is poor even for a troll.
how embarrassing
...
Was that a stupid fork question. To whom do you think you are making software? To other crypto specialists?
Don't think so.
Sorry for rude answer, not my best day.
I expect readers of this forum to know at least basics of crypto currencies.
(SOFT) Forks can happen all the time (like with any other crypto currency).
They are resolved based on chain score.
Highest allowed (soft) fork in NEM is 360 blocks height [1].
Although in reality you can consider yourself lucky, if you'll see fork deeper than 20 blocks (in NEM I mean).
[1] - After that software won't resolve the fork, and the only way to get proper chain is removal of db, and resync.
HARD forks (the one that we occasionally announce here and on NEM forum)
are the forks introduced by changes in the software.
They are programmed to happen at some certain block. If you WON'T update
your software you might end-up on a fork.
Those are really the basics...
How the soft fork is seen in NCC? Is the NCC's highest block less than Blockchain Explorer's... like 10 - 30 blocks behind and NCC is synhronizing all the time?
Who's responsibility is to identify that case [1] and remove the db? The wallet owner's?
December 07, 2014, 08:57:05 AM
I don't suspect you're serious. That is poor even for a troll.
how embarrassing
...
Was that a stupid fork question. To whom do you think you are making software? To other crypto specialists?
Don't think so.
Sorry for rude answer, not my best day.
I expect readers of this forum to know at least basics of crypto currencies.
(SOFT) Forks can happen all the time (like with any other crypto currency).
They are resolved based on chain score.
Highest allowed (soft) fork in NEM is 360 blocks height [1].
Although in reality you can consider yourself lucky, if you'll see fork deeper than 20 blocks (in NEM I mean).
[1] - After that software won't resolve the fork, and the only way to get proper chain is removal of db, and resync.
HARD forks (the one that we occasionally announce here and on NEM forum)
are the forks introduced by changes in the software.
They are programmed to happen at some certain block. If you WON'T update
your software you might end-up on a fork.
Those are really the basics...
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