NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1807.

nembit86

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NEM ....best currency distribution ever ...!!!!!!!

Quote from: amytheplanarshift on August 15, 2014, 11:14:32 AM

Wow, I go away for a couple of days and things really start to explode. I can't say enough how excited I am about this coin. We really have an opportunity to change the world for the better here everyone. This is our chance to make a positive difference in the world not only for ourselves but for all citizens of the world. We are truly involved in something special here I just know it.

Thank you again to everyone who is working so hard to make all of this possible. I am limited in my abilities but I am trying to do all I can to spread the word about NEM to everyone I know and I will be giving many of my NEM away to friends and family when I receive my stake so that we can all enjoy the great benefits that NEM will bring to the world.

Let's all stay positive and continue working together to create a bright future for all of humanity through financial freedom and begin creating the global society that I think is currently in the making.

Long live NEM!

Great comment.....!!!!!!!! ........you can just feel things getting really underway....there is POWER behind this movement and I also am spreading the word as much as possible.....and a Great update xtester, your good at that..!!!!!!

freigeist

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Quote from: patmast3r on August 15, 2014, 12:30:32 PM

Quote from: Simakki on August 15, 2014, 12:17:29 PM

Quote from: STforLife on August 15, 2014, 12:12:37 PM

sorry for being noob, but can someone lose his NXT because of rollback? or is it only about awaiting price decline?

Hacker with 5% of NXT could easily harm the coin, dump the price, mess with AE and etc. There is a real concern about possible damage.

It's a lot of dough but it's nothing compared to the 30% of vericoin that were stolen from mintpal.
Vericoin had to rollback because the network would have been vulnerable. 5% of NXT won't endanger the network so a rollback would have been necessary purely to help Bter.

From what you said here it seems that all POS coins all vulnerable to such attacks due to centralization of the funds on exchanges. To avoid this scenario it would be best for NEM to get on as many exchanges as possible from beginning or not get to any exchange never and be traded only in some kind of decentralized way.
I also hope NEM is immune to this kind of attacks due to POI algorithm.

xtester

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Risk taker & Black Swan farmer.

patmast3r

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Quote from: Simakki on August 15, 2014, 12:17:29 PM

Quote from: STforLife on August 15, 2014, 12:12:37 PM

sorry for being noob, but can someone lose his NXT because of rollback? or is it only about awaiting price decline?

Hacker with 5% of NXT could easily harm the coin, dump the price, mess with AE and etc. There is a real concern about possible damage.

It's a lot of dough but it's nothing compared to the 30% of vericoin that were stolen from mintpal.
Vericoin had to rollback because the network would have been vulnerable. 5% of NXT won't endanger the network so a rollback would have been necessary purely to help Bter.

Simakki

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Activity: 697

Merit: 500

Quote from: STforLife on August 15, 2014, 12:12:37 PM

sorry for being noob, but can someone lose his NXT because of rollback? or is it only about awaiting price decline?

Hacker with 5% of NXT could easily harm the coin, dump the price, mess with AE and etc. There is a real concern about possible damage.

patmast3r

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Activity: 980

Merit: 1001

Quote from: STforLife on August 15, 2014, 12:12:37 PM

sorry for being noob, but can someone lose his NXT because of rollback? or is it only about awaiting price decline?

Noone other than the thief can loose his NXT since it wouldn't have been a real rollback.
However form what I'm reading a rollback is no longer being considered anymore. I guess BTER is negotiating with the thief.

STforLife

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Activity: 54

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sorry for being noob, but can someone lose his NXT because of rollback? or is it only about awaiting price decline?

luckygenough56

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Those Nxters seeking for sanctuary by buying Nemstakes

xtester

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Risk taker & Black Swan farmer.

For your information our thread has been moved by a moderator in the announcements section, so this is where you'll find it from now on.

Thingamajig

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Activity: 497

Merit: 501

Quote from: formula1 on August 15, 2014, 10:12:46 AM

If there is a lesson for NEM in this NXT hack, that do not let a single exchange monopolize NEM trading volume.

I have to agree with this statement.

It's very important NEM gets on as many exchanges as possible in it's infancy to prevent exchanges from potentially causing it harm through negligence or maliciousness.

Ideally, i'd like to see NEM on at least 2 or 3 popular, reputable exchanges on release.

Simakki

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Activity: 697

Merit: 500

Quote from: amytheplanarshift on August 15, 2014, 11:14:32 AM

Wow, I go away for a couple of days and things really start to explode. I can't say enough how excited I am about this coin. We really have an opportunity to change the world for the better here everyone. This is our chance to make a positive difference in the world not only for ourselves but for all citizens of the world. We are truly involved in something special here I just know it.

Thank you again to everyone who is working so hard to make all of this possible. I am limited in my abilities but I am trying to do all I can to spread the word about NEM to everyone I know and I will be giving many of my NEM away to friends and family when I receive my stake so that we can all enjoy the great benefits that NEM will bring to the world.

Let's all stay positive and continue working together to create a bright future for all of humanity through financial freedom and begin creating the global society that I think is currently in the making.

Long live NEM!

+1 NEM will have great opportunity to change all the "flaws" in other cryptos and start a new era !

amytheplanarshift

hero member

Activity: 588

Merit: 500

Wow, I go away for a couple of days and things really start to explode. I can't say enough how excited I am about this coin. We really have an opportunity to change the world for the better here everyone. This is our chance to make a positive difference in the world not only for ourselves but for all citizens of the world. We are truly involved in something special here I just know it.

Thank you again to everyone who is working so hard to make all of this possible. I am limited in my abilities but I am trying to do all I can to spread the word about NEM to everyone I know and I will be giving many of my NEM away to friends and family when I receive my stake so that we can all enjoy the great benefits that NEM will bring to the world.

Let's all stay positive and continue working together to create a bright future for all of humanity through financial freedom and begin creating the global society that I think is currently in the making.

Long live NEM!

Doriangrayz

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Activity: 60

Merit: 10

Quote from: lx001 on August 15, 2014, 10:17:01 AM

Quote from: Doriangrayz on August 15, 2014, 10:11:21 AM

Quote from: lx001 on August 15, 2014, 09:55:11 AM

why is the price rising so quickly? someone is buying up a lot of nem. offcourse there will be a correction, but when is the right time to sell to get more stakes?

in this situation i wouldnt never sell my nem stake for NXT. are you crazy?

I've been sitting all the time waiting for the right moment to sell a stake at the highest point to buy more stakes at a lower price, if there will be a correction. but I guess I should still wait

I hope you are correct and I wont see a 17k nxt per stake on the following days

i don't know, but have you read today about the Nxt 50 million hack on Bter?
Nxt its likely gonna freefall and i dont think its a wise move to hold Nxt right now.

lx001

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Activity: 1134

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Quote from: Doriangrayz on August 15, 2014, 10:11:21 AM

Quote from: lx001 on August 15, 2014, 09:55:11 AM

why is the price rising so quickly? someone is buying up a lot of nem. offcourse there will be a correction, but when is the right time to sell to get more stakes?

in this situation i wouldnt never sell my nem stake for NXT. are you crazy?

I've been sitting all the time waiting for the right moment to sell a stake at the highest point to buy more stakes at a lower price, if there will be a correction. but I guess I should still wait

I hope you are correct and I wont see a 17k nxt per stake on the following days

formula1

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Activity: 26

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If there is a lesson for NEM in this NXT hack, that do not let a single exchange monopolize NEM trading volume.

Doriangrayz

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Activity: 60

Merit: 10

Quote from: lx001 on August 15, 2014, 09:55:11 AM

why is the price rising so quickly? someone is buying up a lot of nem. offcourse there will be a correction, but when is the right time to sell to get more stakes?

in this situation i wouldnt never sell my nem stake for NXT. are you crazy?

3x2

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Activity: 1526

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Quote from: Simakki on August 15, 2014, 10:02:07 AM

Quote from: lx001 on August 15, 2014, 09:55:11 AM

why is the price rising so quickly? someone is buying up a lot of nem. offcourse there will be a correction, but when is the right time to sell to get more stakes?

Within days ahead NXT could easily lose atleast half of its valuation, then it is not a miracle that people are buying more secure assets.

That is only one assumption, but it is more secure to own NEM at this point than NXT.

Buying NEM stakes ATM is the best thing for NXT bag holders to do Roll Eyes

Doriangrayz

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Activity: 60

Merit: 10

Quote from: patmast3r on August 15, 2014, 09:54:21 AM

Quote from: Doriangrayz on August 15, 2014, 09:41:23 AM

Quote from: Schwarzalbert on August 15, 2014, 07:49:33 AM

Quote from: Doriangrayz on August 15, 2014, 07:46:09 AM

this Bter issue will affect Nemprice?

Just a little bit.
CFA is harming NEM more with his newest thread.

https://bitcointalksearch.org/topic/m.8364106

He is just a silly a**hole who can't accept that NEM has the potential to get something new, big and important.

why just a little bit?
nxt price its gonna drop like S..t, Let's cross fingers.

So far NEMStake has actually risen in value even with NXT dropping.

yeah i'm happy about that and i'm gonna keep my Nem in any case

I'm just worried about how deep Nxt will fall. I hope Nem will react positive in case of a heavy Nxt drop.

Simakki

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Activity: 697

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Quote from: lx001 on August 15, 2014, 09:55:11 AM

why is the price rising so quickly? someone is buying up a lot of nem. offcourse there will be a correction, but when is the right time to sell to get more stakes?

Within days ahead NXT could easily lose atleast half of its valuation, then it is not a miracle that people are buying more secure assets.

That is only one assumption, but it is more secure to own NEM at this point than NXT.

lx001

hero member

Activity: 1134

Merit: 502

why is the price rising so quickly? someone is buying up a lot of nem. offcourse there will be a correction, but when is the right time to sell to get more stakes?

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1807. (Read 2985503 times)