Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1801. (Read 2985265 times)

The fees have been discussed at length among the devs. It's not an easy topic for non inflationary coins since the reward for running a node has to come from somwhere. Hoever this isn't set in stone yet. We're still discussing things so yes we are aware of this "issue" and we're trying to think of ways to tackle it.


The media sux. That's a fact not only for cryptos but in general. There are very very very few news outlets that you can even remotely rely on but there's nothing we can do about that.
On the other hand i recently read an article somwhere that questioned the influence that headlines really have on prices. Sometimes it has huge impact sometimes it doesn't...we'll se how this goes for NEM.

Agreed......if people invested in business on the NEM AE then would that not keep the coin very much alive with a potential for profits also. There is also the opportunity to earn passive income 'harvesting' in the longer term if you dont spend a lot of your coins .
  The thing is that some coins need to be spent to get things moving. How do we keep the balance right?

Good devs alone are not enough nether a good community alone is not enough.
I think having good devs followed and supported by good community and the opposite could make a difference.
I hope that the majority of stakeholders in this community are not just pumpers and dumpers
that joined for a quick buck but rather people with different point of view to whole the crypto coins technology that see the big picture how this technology could improve common people lives.

I hope NEM and other good crypto coin projects like NEM will succeed and bring something new and something of value to a common man.

I agree......it was only a matter of time before we saw this......I have started to use the asset echange on NXT and I like it a lot. Cant wait for NEMs  AE to be operational. I have invested in things that havnt got off the ground yet like Nxxtycoin...for example.  ..the potential could be immense.....heres hoping.....
  The point is.....it makes more sense than the POW possibilities.

Another concern i'd like to express is this:

https://bitcointalksearch.org/topic/it-costs-009-cents-to-send-024-cents-of-bitcoin-really-743599

I actually agree with the OP in this thread. Bitcoin is really unfriendly to micro-transactions especially after fee's and such. Is NEM going to take this into account?

Another is this:

https://bitcointalksearch.org/topic/the-medias-death-grasp-on-bitcoin-price-743924

Which i also believe is very valid. Any thoughts on the above guys? It's another concern i agree with - because lets face it, mainstream media doesn't exactly have a track record of publishing accurate or truthful information.

Well thought out comment......I think NEM has the advantage over the 2nd generation coins because of the size of community, this thread is always active compared to NODE for example where it is pretty dead most of the time. I am also getting more confident about our Developers abilities and commitment.

Hello.
1000 NEMs is needed to start harvesting.

How many NEM is required to start harvesting? I can't remember it Is it 1k or 10k? Need to input in the translation. Thanks.

why don't you have the facebook link in the signature ? I want to visit the page but cant remember what it is on top of my head.

and posted on facebook

https://twitter.com/ThewolfofCrypto/status/501382824801206272 . Retweet guys and follow

Thanks. NEM is getting more positive with each passing day. :-)

Thank you. We can tweet about it and this http://www.ournem.com/crowdsale too. I am going to tweet now Everybody please tweet and post on facebook if you can. Let the world  know that we're coming to make a difference:)

Hi there!

I really love those NEM newsletters! Positive additude is super ; )

Hi all NEMsters . The HINDI translation is done  . I have left critical options like "SEND NEM", "REMOVE WALLET", "SETTINGS", etc.. as they were because I think they are very important and should not be played with.
Can't wait to see my work implemented in the NCC. It'll be an honour

The wallet looks MUCH better than all those altcoins who take bitcoin-qt and slap on their logo, good job!

Anyone else notice that while all the scrypt coins are plummeting, the second gen cryptos are holding up nicely!

The future will be coins like NEM, NXT, NODE, CRYPTI, coins that have next gen features.

If you are still holding coins that use the QT wallet (other than Bitcoin), now is the time to get out of them and into 2.0 cryptos!

Ok thank You i was afraid to miss something

Yup, i agree.

Centralization i always thought was against the principles of cryptocurrency. The sole reason they existed was to break free from the FIAT monetary system we've been exploited under for so long, centralization being the biggest factor in it's corruption, with the centralized powers (banks) doing their best to manipulate a free market, often at the dire expense of the little man.

Ironically, mining just blatantly showed that Bitcoin was simply a double whammy for centralization - not only could Bitcoins themselves be horded and wealth centralized (and thus, the exchange price -- whales) but so could mining power. Coincide this with potential 51% attacks and Bitcoin/PoW model doesn't seem so enticing - but it laid the foundation for other potentially greater things.

Right now, i think even if a coin improves upon Bitcoin/PoW, the next hurdle is, as you said, the exchanges. It may be in an exchanges interests to "accidentally" let a hacker "steal" a large sum of a fresh coin, potentially putting the coin in a position it may never recover - especially should any exchange have a preference to particular coins. No doubt, i'm sure many do. And if they don't, they just havn't been bribed enough.

Another problem i believe Cryptocurrency has is not only centralization, but also manipulation too - anyone with even a little bit of experience knows that manipulation is the aim of the game for exchange prices (Just look at Doge). It's why whales horde, it's why whales dump - it's their plaything to manipulate and get rich quick from till they get bored. Something i've no doubt is the reason behind bitcoins relatively steady value. Ironic really something that often boasted about breaking free of the corruption in FIAT is in many ways not much different.

With NEM's IPO, i think it's the only currency thus far to stand the best chance of preventing all of this, we just need to deal with the exchange problem. Manipulation is inevitable as it's very much human greed, but NEM goes a much further way of addressing it then any other coin out there.

Your support is encouraging to us devs