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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1777. (Read 2985265 times)

hero member
Activity: 588
Merit: 500
interesting posts here! are you suggesting if I invest in NEM I will be a millionaire or multi-millionaire Huh how can you be as dead sure of this? couldn't crypto be just a fail exactly the same likelihood as it could succeed? for the life of me I can't even imagine Bitcoin having remotely the capitalization you're suggesting and Bitcoin is largely known... but idk maybe you're saying the real deal...  and also why nem not this nxt or even another if they are the first? thanks for answers!

There is no such thing as a sure investment. Of course, NEM could fail just like BTC could fail or any other cryptocurrency. Cryptocurrency as a whole could fail, even. It's still too early to tell.

What I am always confused about is why people have such a hard time believing that cryptocurrency can have a market cap in the $100 billion+ range. Like I said, Facebook has a market cap of $200 billion and all it does is push ads to people and connect friends/family/acquaintances in a social network. Bitcoin and cryptocurrency are much more revolutionary than Facebook could ever dream to be. Why is it so hard to imagine cryptocurrency having a market cap of $200 billion or more?

Again, the current market cap of all cryptocurrencies combined is $7 billion. That is NOTHING in the world of finance. Peanuts. I know that investing $1000 into something and getting a $1 million or more return on that investment sounds too good to be true, but people don't seem to realize that we are the extremely early investors in this market. If you had given Mark Zuckerberg $1000 to help him get off the ground and start Facebook in exchange for even a small percentage of the company you'd have made millions. Such investments can and do happen. Consider yourself lucky that you have the intelligence and foresight to see that the cryptocurrency market has the potential to become something huge in the years to come.

Simply by being on these forums you are years ahead of the curve. My prediction for cryptocurrency hitting the mainstream and really exploding in terms of valuation is probably around 2020-ish. It's really, really hard to predict with any sort of accuracy though because the Internet can spread information extremely quickly. The world wide web took about 10 to 15 years before it hit what I would call the mainstream, and about 20 years (to present day) before it has reached what I would consider critical mass. I base this on the fact that my rather elderly parents have just now begun to use the Internet on a daily basis at home in the past few months. That's when you know something has really become a part of society for good. These things take time to develop. Your investment in crypto (whether that be NEM, NXT, BTC, or whatever) may not make you into a millionaire overnight, but it most certainly has the potential to make you into a millionaire over the course of the next 5 to 10 years if you play your cards right.

Anyway, that's just my own personal analysis on the matter. This is in no way, shape, or form any kind of investment advice. Cryptocurrency could end up being a complete failure of a social experiment in the years to come. Banks could offer many of the exact same services as cryptocurrency (instant peer-to-peer transfers, no fees, etc.) if they really wanted to. It's not like when you make a bank transfer today that they physically move cash around. It's all digital as it is, but the banks just like to screw us over. The thing is, the banks don't even realize what is happening right underneath them. Just like every other subversive technology that has come before it, cryptocurrency is poised to obliterate the banking system right from underneath its own feet just as we've seen happen in so many other industries over the past decades since technological progress has started accelerating at an exponential pace.

That's why I'm invested in crypto, and particularly NEM because I feel like NEM has the potential to be THE cryptocurrency that brings crypto to the masses over the next few years. Of course, we'll see how it turns out. Exciting times we are living in regardless of the outcome, I have to say. Smiley
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
Hmmm... maybe we could add list of articles in OP, with headlines like "NEM in media", it looks good in eyes of newcomers, trying to made up their mind about NEM. In BTT - space of scams, having coverage in media gives sense of seriousness and confidence. It also makes NEM kinda established.

Should be links on ournem.com to the articles published by some of the better news outlinks, IMHO
newbie
Activity: 23
Merit: 0
interesting posts here! are you suggesting if I invest in NEM I will be a millionaire or multi-millionaire Huh how can you be as dead sure of this? couldn't crypto be just a fail exactly the same likelihood as it could succeed? for the life of me I can't even imagine Bitcoin having remotely the capitalization you're suggesting and Bitcoin is largely known... but idk maybe you're saying the real deal...  and also why nem not this nxt or even another if they are the first? thanks for answers!

Only 2 million people are using Bitcoin - not what I define to be widely utilized when there are 2 billion internet users, a lot of them residing in countries with fickle currencies who could see the benefit in crypto currencies as a store of wealth and remittance.

This is not a NXT vs NEM thread.  You can create a new thread here

https://bitcointalk.org/index.php?board=67.0

I don't care about nxt particularly heck I don't even know much about it why would I compare it. can you please address my questions cause you seem very experienced? Thanks in advance!
hero member
Activity: 756
Merit: 506
interesting posts here! are you suggesting if I invest in NEM I will be a millionaire or multi-millionaire Huh how can you be as dead sure of this? couldn't crypto be just a fail exactly the same likelihood as it could succeed? for the life of me I can't even imagine Bitcoin having remotely the capitalization you're suggesting and Bitcoin is largely known... but idk maybe you're saying the real deal...  and also why nem not this nxt or even another if they are the first? thanks for answers!

Only 2 million people are using Bitcoin - not what I define to be widely utilized when there are 2 billion internet users, a lot of them residing in countries with fickle currencies who could see the benefit in crypto currencies as a store of wealth and remittance.

This is not a NXT vs NEM thread.  You can create a new thread here

https://bitcointalk.org/index.php?board=67.0
newbie
Activity: 23
Merit: 0
interesting posts here! are you suggesting if I invest in NEM I will be a millionaire or multi-millionaire Huh how can you be as dead sure of this? couldn't crypto be just a fail exactly the same likelihood as it could succeed? for the life of me I can't even imagine Bitcoin having remotely the capitalization you're suggesting and Bitcoin is largely known... but idk maybe you're saying the real deal...  and also why nem not this nxt or even another if they are the first? thanks for answers!
legendary
Activity: 1059
Merit: 1016
How about Translation in Filipino(Tagalog. Country:Philippines)

You are game for that?
hero member
Activity: 588
Merit: 500
I have a question about harvesting. I've been harvesting for a while now in the alpha client, and I've harvested quite a few blocks. However, they all seem to have been worth 0 NEM except for one random block which earned me 5259.72 NEM. Why are so many blocks worth 0 NEM if I have harvested them? How exactly do the harvesting rewards work and is getting 0 NEM from harvesting a block intentional or am I missing something? Just curious. Smiley

every transaction made has a required fee that must be made.. when you harvest a block you get all the fees of all the transactions that were entered into that block. so say 10 transactions were put into block A and they all payed a 10 nem transaction fee.. if you harvest block A then you will harvest the 100 nem that were payed in fees during that block.. if no transactions are put into the block, no fees were payed and therefore you will harvest an empty block. the more transactions, the more the blocks are worth.

Ah yes, that makes perfect sense. Thanks!
sr. member
Activity: 315
Merit: 250
How about Translation in Filipino(Tagalog. Country:Philippines)
hero member
Activity: 561
Merit: 500
Institute of Advance Blockchain Research
1 or 2 dollars is if we kind of overtake bitcoin and reach 4-8 billions marketcap, that is if NEM becomes major  Smiley

0.1-0,2 dollar if we overtake litecoin would give 400-800 millions marketcap, totally reachable if NEM delivers and community stays strong and innovative Smiley

Not enough foresight.  Dot.com in the late 1990s was $7 trillion and the internet back then was only used by 0.006% of the world's population (45 million out of 7 billion).  Funny enough with only 2 million people using crypto currencies we still haven't caught up to the internet in the 1990s (you would think the internet would spread the message quicker or Bitcoin must be flawed enough that it is keeping mainstreet from joining in).

Even gold investment, which is only traded by a small group, is a $2 trillion industry.  All the real estate in the United States is said to be worth $25 trillion.

$10 NEM is definitely achievable and it may go as high as $100 - $200 if NEM is the main frontrunner.



  Dot.com burst was about Transferring nations wealth to the super elite

   the World was set a stage by an orchestrated World Financial Catastrophic Event (Sophisticated stealing)

   Highly engineered by the Major banking interest (international arena) 
 
   I could be wrong usually & normally I am.

   Oh, yeah whatever to the $6~7 Trillion dollar

   or Did it just vanish out of circulation?
 

   let's check the blockchain to see where it went.

   Yea, right!

P2P360 Group
hero member
Activity: 588
Merit: 500
I have a question about harvesting. I've been harvesting for a while now in the alpha client, and I've harvested quite a few blocks. However, they all seem to have been worth 0 NEM except for one random block which earned me 5259.72 NEM. Why are so many blocks worth 0 NEM if I have harvested them? How exactly do the harvesting rewards work and is getting 0 NEM from harvesting a block intentional or am I missing something? Just curious. Smiley
hero member
Activity: 588
Merit: 500
1 or 2 dollars is if we kind of overtake bitcoin and reach 4-8 billions marketcap, that is if NEM becomes major  Smiley

0.1-0,2 dollar if we overtake litecoin would give 400-800 millions marketcap, totally reachable if NEM delivers and community stays strong and innovative Smiley

Not enough foresight.  Dot.com in the late 1990s was $7 trillion and the internet back then was only used by 0.006% of the world's population (45 million out of 7 billion).  Funny enough with only 2 million people using crypto currencies we still haven't caught up to the internet in the 1990s (you would think the internet would spread the message quicker or Bitcoin must be flawed enough that it is keeping mainstreet from joining in).


Even gold investment, which is only traded by a small group, is a $2 trillion industry.  All the real estate in the United States is said to be worth $25 trillion.

$10 NEM is definitely achievable and it may go as high as $100 - $200 if NEM is the main frontrunner.



Ah yes, someone who understands finance. Smiley

Most people look at the crypto market and see a "big" number like $7 billion and think it is some sort of bubble when in reality $7 billion is nothing in the world of finance. I mean, the NYSE alone has a market cap of $16 trillion or so. Facebook has a market cap of $200 billion and I think crypto is much more of a subversive technology than Facebook. We are really only scratching the surface of what crypto can be worth. If NEM is indeed a frontrunner in this market, $1 NEM is a given and $10+ is very likely.
hero member
Activity: 756
Merit: 506
1 or 2 dollars is if we kind of overtake bitcoin and reach 4-8 billions marketcap, that is if NEM becomes major  Smiley

0.1-0,2 dollar if we overtake litecoin would give 400-800 millions marketcap, totally reachable if NEM delivers and community stays strong and innovative Smiley

Not enough foresight.  Dot.com in the late 1990s was $7 trillion and the internet back then was only used by 0.006% of the world's population (45 million out of 7 billion).  Funny enough with only 2 million people using crypto currencies we still haven't caught up to the internet in the 1990s (you would think the internet would spread the message quicker or Bitcoin must be flawed enough that it is keeping mainstreet from joining in).

Even gold investment, which is only traded by a small group, is a $2 trillion industry.  All the real estate in the United States is said to be worth $25 trillion.

$10 NEM is definitely achievable and it may go as high as $100 - $200 if NEM is the main frontrunner.

hero member
Activity: 561
Merit: 500
Institute of Advance Blockchain Research
Ol'a

  As it has occurred to me as I was researching another project

  I may just be a NEMstake holder, I could be wrong tho.

  How do I go about the claim?

  Thanks for all your help

 
Peer2Peer360

You are a nemstakeholder. Not exactly one for the books as you weren't even sure but you're still on the list.

I'm not sure what you really meant by that statement ...

I only worded it so I wouldn't sound egotistical about being a NEMstake holder..

I've always known, how could i have not known when you replied to my PM months

Ago about being a NEMstake holder.

It's better to take a position of not knowning verses always

Acting like one knows everything..

Regards
Peer2Peer360
hero member
Activity: 980
Merit: 1001
Ol'a

  As it has occurred to me as I was researching another project

  I may just be a NEMstake holder, I could be wrong tho.

  How do I go about the claim?

  Thanks for all your help

 
Peer2Peer360

You are a nemstakeholder. Not exactly one for the books as you weren't even sure but you're still on the list.
You can't get real NEM yet so unless oyu want to trade assets on the NXT AE there's nothing for you to do.
hero member
Activity: 561
Merit: 500
Institute of Advance Blockchain Research
Ol'a

  As it has occurred to me as I was researching another project

  I may just be a NEMstake holder, I could be wrong tho.

  How do I go about the claim?

  Thanks for all your help

 
Peer2Peer360
newbie
Activity: 33
Merit: 0
I will buy one more NEM stake if 1 NEM reach 100k NXT (i had buy one NEM stake yesterday!!! Grin)

If 1 NEM reaches 100k NXT I'll get on my flying pig and take make a visit to frozen hell.

but it's not impossible, it could be 100 000
who know in 2012 that btc will be 1000 $ in 2013
hero member
Activity: 980
Merit: 1001
I will buy one more NEM stake if 1 NEM reach 100k NXT (i had buy one NEM stake yesterday!!! Grin)

If 1 NEM reaches 100k NXT I'll get on my flying pig and take make a visit to frozen hell.
newbie
Activity: 3
Merit: 0
I will buy one more NEM stake if 1 NEM reach 100k NXT (i had buy one NEM stake yesterday!!! Grin)
newbie
Activity: 3
Merit: 0

1 NEM = $1, yeah, that'd be a spectacular sight, let's hope it happens Wink

It is possible that 20BTC/NEM in the end of 2014, and maybe it will be 50BTC/NEM (or more) in 2015. Cheesy Cheesy Cheesy
legendary
Activity: 961
Merit: 1000
seeing as theres allot of nxt supporters in nem this (super network IPO) might be of interest to some: https://bitcointalksearch.org/topic/ann-supernet-nxt-asset-12071612744977229797-supernet-kmd-assetchain-in-summer-762346



Can Nem join the supernetwork in the Beta Version? Boolberry joined and is increasing price quite rapidily
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