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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1772. (Read 2985265 times)

legendary
Activity: 1526
Merit: 1012
will the real NEM be distributed within this month?

Or not?

Yes during beta which will be released this month, real coins will be distributed.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
The supernetwork network can only be as secure as the weakest coin used in it. Sounds like one giant clusterfuck if you ask me.

That's a very good point. In a way the super network is like a giant exchange. We have already seen how a compromised coin can ripoff an exchange many times. If one coin is compromised by hackers, I wonder how it'll affect the other coins.
hero member
Activity: 1162
Merit: 568
will the real NEM be distributed within this month?

Or not?
sr. member
Activity: 338
Merit: 250
The supernetwork network can only be as secure as the weakest coin used in it. Sounds like one giant clusterfuck if you ask me.
So it "sounds" like a giant clusterfuck to you?

I would suggest reading what the supernetwork actually is and how coins are allowed to join and reviewed...  Wink
hero member
Activity: 616
Merit: 500
I think the supernet is a great idea, it's about time cryptos started working together instead of fighting with each other. Just like anything else in life choice is good, no one crypto is going to win. Hopefully supernet works out.
legendary
Activity: 1059
Merit: 1016

do you know anything of the supernetwork?

boolberry has a serious shot at toppling monero.. they are even talking about BBR allot in the monero thread. the fact that is is part of supernetwork and there is so much buzz about supernetwork around and BBr being so much easier to use and faster than monero should mean there is room for healthy gains.

besides that i mostly agree with you about anon coins and your other points.. but being in supernetwork and the amount of attention it is getting from monero is a good sign of things to come.. this is the first time i have bought an anon coin. im very impressed by the GUI and instillation process. its actually much smoother than the nem installation. obviously the tech doesnt compare though hense why im far more heavily invested in nem.

who knows.. maybe il strike it very lucky and BBR will turn out to be the top anon coin.. Roll Eyes

Well BBR certainly deserves to top monero, with or without supernetwork hype, it solved cryptonote bloated blockchain issues and the qt client is the best and easiest to use among cryptonote coins. It's hyper fast to sync compared to slow *ss Monero blockchain.

As for supernetwork, i don't know, can be big indeed but mostly in hype phase, each time a coin will join, the price will go boom but in the end, it's united coins under nxt tech and i think the only coin that will truly benefit in the long run will be nxt, as the big daddy chaperoning all alts Smiley

Afaik BTCD is in the center of it all. NXT "only" lends it's AE. But that's what it's about. Uniting all kinds of coins to share their individual unique features among the entire network. Could go well but could also crash and burn.
Tbh I'd rather have all necessary features in one concise platform than uniting different networks but we'll see. It'll definitely be interesting to watch Smiley

Yes! One concise platform. AltNemo to the moon!
legendary
Activity: 1059
Merit: 1016
The supernetwork network can only be as secure as the weakest coin used in it. Sounds like one giant clusterfuck if you ask me.

All I can say is you are very sharp in saying that. But I believe it is not only just that. :-)
full member
Activity: 353
Merit: 108
The supernetwork network can only be as secure as the weakest coin used in it. Sounds like one giant clusterfuck if you ask me.
legendary
Activity: 1526
Merit: 1012
Supernetwork is fun for geeks but yeah for mainstram users/average joes, one concise platform would be better and simple. Even Bitcoin is still a mystery for people haha.

Will certainly be exciting to follow though i agree  Smiley
hero member
Activity: 980
Merit: 1001

do you know anything of the supernetwork?

boolberry has a serious shot at toppling monero.. they are even talking about BBR allot in the monero thread. the fact that is is part of supernetwork and there is so much buzz about supernetwork around and BBr being so much easier to use and faster than monero should mean there is room for healthy gains.

besides that i mostly agree with you about anon coins and your other points.. but being in supernetwork and the amount of attention it is getting from monero is a good sign of things to come.. this is the first time i have bought an anon coin. im very impressed by the GUI and instillation process. its actually much smoother than the nem installation. obviously the tech doesnt compare though hense why im far more heavily invested in nem.

who knows.. maybe il strike it very lucky and BBR will turn out to be the top anon coin.. Roll Eyes

Well BBR certainly deserves to top monero, with or without supernetwork hype, it solved cryptonote bloated blockchain issues and the qt client is the best and easiest to use among cryptonote coins. It's hyper fast to sync compared to slow *ss Monero blockchain.

As for supernetwork, i don't know, can be big indeed but mostly in hype phase, each time a coin will join, the price will go boom but in the end, it's united coins under nxt tech and i think the only coin that will truly benefit in the long run will be nxt, as the big daddy chaperoning all alts Smiley

Afaik BTCD is in the center of it all. NXT "only" lends it's AE. But that's what it's about. Uniting all kinds of coins to share their individual unique features among the entire network. Could go well but could also crash and burn.
Tbh I'd rather have all necessary features in one concise platform than uniting different networks but we'll see. It'll definitely be interesting to watch Smiley
legendary
Activity: 1526
Merit: 1012

do you know anything of the supernetwork?

boolberry has a serious shot at toppling monero.. they are even talking about BBR allot in the monero thread. the fact that is is part of supernetwork and there is so much buzz about supernetwork around and BBr being so much easier to use and faster than monero should mean there is room for healthy gains.

besides that i mostly agree with you about anon coins and your other points.. but being in supernetwork and the amount of attention it is getting from monero is a good sign of things to come.. this is the first time i have bought an anon coin. im very impressed by the GUI and instillation process. its actually much smoother than the nem installation. obviously the tech doesnt compare though hense why im far more heavily invested in nem.

who knows.. maybe il strike it very lucky and BBR will turn out to be the top anon coin.. Roll Eyes

Well BBR certainly deserves to top monero, with or without supernetwork hype, it solved cryptonote bloated blockchain issues and the qt client is the best and easiest to use among cryptonote coins. It's hyper fast to sync compared to slow *ss Monero blockchain.

As for supernetwork, i don't know, can be big indeed but mostly in hype phase, each time a coin will join, the price will go boom but in the end, it's united coins under nxt tech and i think the only coin that will truly benefit in the long run will be nxt, as the big daddy chaperoning all alts Smiley
legendary
Activity: 1526
Merit: 1012
just wanted to say that crypto_zoidberg, dev of boolberry, just saved my ass big time! nearly lost >3btc of boolberry but thanks to him its getting recovered.. in return i thought i would do a little bit of shameless promotion for him aswell as donating once i get my coins back. so ya, sorry for the plug but i ow him one Smiley they are doing some cool stuff over there, definitely worth checking out especially if you are into anon coins(its better than monero) or the supernetwork as they are the second coin being added.


did anyone buy after i posted this? Smiley

around 20-30% since that post.. Cheesy

No.  I haven't bought a PoW coin since February / March.  PoW = gets dumped by the professional miners into an early grave.  Anonymity, if we ignore the ethics about it, is a very competitive proverbial arms race.  Some new coin in a month from now will probably claim to be better than boolberry.   Anonymity coins are good for pump and dump but all I need is to buy in once at top of some bubble and I'll lose all my gains.


Anonymity is just hype, if you chat with crypto followers, they recognize it easily, it isn't even really needed.

How many times in your life do you really need to do an anonymized payment ? Answer : Probably never.

Crypto is already quite anonymous depending on how you use it.

Now if NXT/NEM can offer a service that can give you the choice to fully anonymize your payment, well why not, if there's demand...

Didn't bought a pow coin since May either, i'm in NXT/NEM a bit in Crypti/Node also...I think more and more people start to think like that, it's just a matter of time.

NEM is my favourite right now cause the team seems awesome not only tech wise but also in marketing. You try to built something big and durable. Also best combo between cold wallet/web client ! More egalitarian forging than Nxt, and probably the best distribution among crypto (certainly not perfect, it's impossible but still the best cause at least you tried hard to make it fair !)
hero member
Activity: 756
Merit: 506
just wanted to say that crypto_zoidberg, dev of boolberry, just saved my ass big time! nearly lost >3btc of boolberry but thanks to him its getting recovered.. in return i thought i would do a little bit of shameless promotion for him aswell as donating once i get my coins back. so ya, sorry for the plug but i ow him one Smiley they are doing some cool stuff over there, definitely worth checking out especially if you are into anon coins(its better than monero) or the supernetwork as they are the second coin being added.


did anyone buy after i posted this? Smiley

around 20-30% since that post.. Cheesy

No.  I haven't bought a PoW coin since February / March.  PoW = gets dumped by the professional miners into an early grave.  Anonymity, if we ignore the ethics about it, is a very competitive proverbial arms race.  Some new coin in a month from now will probably claim to be better than boolberry.   Anonymity coins are good for pump and dump but all I need is to buy in once at top of some bubble and I'll lose all my gains.
sr. member
Activity: 882
Merit: 250
BTC mining farms lobbies will do everything to keep btc afloat as long as possible to keep profiting...

this will be the case in future


Yeah, and sadly there's only going to ever be a select minority that own the bulk of the mining power. Bitcoin is more centralized then Fiat.

What you said also reminded me of:

http://thecoinfront.com/is-bitcoin-mining-profitable-in-2014/?utm_source=rss&utm_medium=rss&utm_campaign=is-bitcoin-mining-profitable-in-2014


A quote from the article:

Quote
Running those numbers, we discover that, based on the price of energy at ten cents per kWh (standard price here in Toronto. Your mileage may vary), given the current difficulty of Bitcoin mining, and the current price, you will never see a return on your investment.

It's been this way for years, and you have to bare in mind costs of hardware/electricity which is likely worse in many other countries. Right now mining is more about the big boys with deep pockets competing with eachother to mine. It's fallen long out of the reach of the average joe.


Yeah only big ones will keep running because they got special electricity rebates or don't even pay for it. But big crowd will slowly realize that bitcoin is outdated tech only sustained by big investors/mining industry. The process will certainly be long but unavoidable imo.
legendary
Activity: 1526
Merit: 1012
BTC mining farms lobbies will do everything to keep btc afloat as long as possible to keep profiting...


Yeah, and sadly there's only going to ever be a select minority that own the bulk of the mining power. Bitcoin is more centralized then Fiat.

What you said also reminded me of:

http://thecoinfront.com/is-bitcoin-mining-profitable-in-2014/?utm_source=rss&utm_medium=rss&utm_campaign=is-bitcoin-mining-profitable-in-2014


A quote from the article:

Quote
Running those numbers, we discover that, based on the price of energy at ten cents per kWh (standard price here in Toronto. Your mileage may vary), given the current difficulty of Bitcoin mining, and the current price, you will never see a return on your investment.

It's been this way for years, and you have to bare in mind costs of hardware/electricity which is likely worse in many other countries. Right now mining is more about the big boys with deep pockets competing with eachother to mine. It's fallen long out of the reach of the average joe.


Yeah only big ones will keep running because they got special electricity rebates or don't even pay for it. But big crowd will slowly realize that bitcoin is outdated tech only sustained by big investors/mining industry. The process will certainly be long but unavoidable imo.
hero member
Activity: 497
Merit: 501
BTC mining farms lobbies will do everything to keep btc afloat as long as possible to keep profiting...


Yeah, and sadly there's only going to ever be a select minority that own the bulk of the mining power. Bitcoin is more centralized then Fiat.

What you said also reminded me of:

http://thecoinfront.com/is-bitcoin-mining-profitable-in-2014/?utm_source=rss&utm_medium=rss&utm_campaign=is-bitcoin-mining-profitable-in-2014


A quote from the article:

Quote
Running those numbers, we discover that, based on the price of energy at ten cents per kWh (standard price here in Toronto. Your mileage may vary), given the current difficulty of Bitcoin mining, and the current price, you will never see a return on your investment.

It's been this way for years, and you have to bare in mind costs of hardware/electricity which is likely worse in many other countries. Right now mining is more about the big boys with deep pockets competing with eachother to mine. It's fallen long out of the reach of the average joe.
legendary
Activity: 1526
Merit: 1012
BTC mining farms lobbies will do everything to keep btc afloat as long as possible to keep profiting...
full member
Activity: 224
Merit: 100
http://www.docdroid.net/gwik/nem-report1.pdf.html

Did anyone else see the press release report?  NEM was placed on over 370+ news media websites.  That's 370+ and not a typo.   Smiley
WOW!! Shocked I see a massive wave of people getting into NEM within this month

There has been a lull over the whole cryptocurrency sphere of late but that will change, I'm sure of it. Quiet progress has been made with NXT and NEM. As the global situation deteriorates, financially and geopolitically we will see the Big Influx of capital. Im sure the guys that stay the course will be amply rewarded.
  Remember what happened to BTC during the Cyprus bail-in? Well in my opinion NXT and NEM will be better positioned to see inflows of money like that but multiplied hundreds - fold.


Indeed - crypto needs another Cyprus. It's looking like we could be in for at least a half dozen over the coming year or two.
legendary
Activity: 1059
Merit: 1016
I just gonna drop it here. free to use if anyone found it useful.




Magical!! I am impressed!

This should be in the newsletter front cover!
hero member
Activity: 504
Merit: 500
I just gonna drop it here. free to use if anyone found it useful.




Awesome. I'm interested in knowing how you made that Cheesy

golden rain .nice Smiley
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