Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1807. (Read 2985265 times)

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.

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.

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.

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

Those Nxters seeking for sanctuary by buying Nemstakes 

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.

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.

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

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!

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.

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

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

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

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

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.

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.

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?

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

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

What happened with NXT;

- Hacker stole 50 Million
- Bter negotioated with him and agreed with 100 Bitcoins to get the NXT back
- Bter sended 120 Btc and the hacker returned only 5 Million NXT.
- So Bter is not only got hacked, but also scammed by the same person.
- A new version of NXT has been released;

Change log:

This release disables all outgoing transactions from the BTER account:
10715382765594435905 after block height 209885.

If you use this release, existing blocks after that height will be deleted,
but the transactions in them preserved and reprocessed, except those originating
from the BTER account, and those with deadline already expired.

A rescan with validation will be performed automatically at start, it will take
longer and perform another rescan at the end.

This is an optional release. Forgers have a choice whether to use it, or stay
with the old 1.2.5 release, the community needs to decide whether to do the
rollback or stay with the old fork.

So... The community will now decide to stay on the current version or they will head to the new version.

Why the new version? The hacker stole a high amount of NXT and can manipulate the market in the Asset Exchange or can dump it massively.

Why stay on the current version? So that it will not hurt the promised 'Decentralized' platform of NXT.
But then again, NXT did this before and had a major bug in December and still survived.