Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 188. (Read 2984910 times)

That is true. They can buy almost 3x what they lost at current rates. Hopefully they all see it was the exchange's fault and not NEM's. Maybe in the long term this will be a blessing in disguise. Who knows. Hopefully something good comes of it though.

Interesting and nice to see. Hopefully the previous holders will get back into the market. After all, they can get more NEM now than they previously held for the refund amount Coincheck is giving them.

the main problem about nem is Communication being the key point missing. I hope Jason lee can address this matter as I have also noticed favourable ICO’s flip from NEM to ETH last minute. It seems catapult mainnet should of been released sometime ago. Are we lacking the programmers or team members in these areas and are to focused on the public image at this point.

Thats why price is rising

https://www.coindesk.com/bull-reversal-nem-price-jumps-as-coincheck-moves-to-refund-users/

contact hitbtc about situation. If they send your XEM you will see, if not, they will find it.

Worst is that it will take some time for sure: days, weeks, months, depends on a support.

Transaction eaca961f41bc462fd3ea7167f87d98ca09172f8d65ff8bf0c8a77227dcf4152b has not been broadcasted yet.

Open a ticket to hitbtc, wait and don't lose your hope.

Hello team
I am in big trouble please help me i withdraw 57678 xem from hitbtc to my bittrex account but this did not arrive since 36 hours. They even given me transaction hash eaca961f41bc462fd3ea7167f87d98ca09172f8d65ff8bf0c8a77227dcf4152b  but this does not even appear on NEM explorer. I used my all saving to invest in XEM please help me get out of this, I am totally tensed.

ToDay we kill the bears, tOmorrow ride the buL1s. Weak hands wilL fold before we cAtapult the tRolls. A little cryptic code being bought and sold. Some like it hot, some like it hold.

Seems logical. They are getting 88.549 yen ($0.83) per NEM. $547 million. Its hard to know how much of this was customer NEM and coincheck NEM. Either way, its a huge cash injection into the ecosystem assuming some or all of the affected holders buy back. Tbh the first thing i would do is get my Yen out of coincheck and rather than going through the bank, I would convert to crypto and exit that way.
Its nice to see the hacked turn a profit for once

I see single traders buying through several layers of sell orders. Just a little observation...
As a side note about alts - bitcoin drop could be a contributing factor, but would venture to guess that it has small influence on this current XEM scenario.

And there's this.
https://asia.nikkei.com/Spotlight/Bitcoin-evolution/Coincheck-to-start-repaying-heist-victims-next-week

Like I said before. Those with stolen XEM are being repaid double the current market rate. What would you do? Wait? Or buy your XEM back while it's half price? derrrp.
None of my posts are financial advice. NEM could go belly up tomorrow. I am just a guy on the Internet talking about stuff.

Do not celabrate this bounce yet. It's so called "dead cat bounce".

https://www.tradingview.com/chart/XEMUSD/5XhBlnIV-What-s-next-Lesson-from-the-past/

Only big fundamental info can change this bearish scenario. But catapult was so many times postponed so be patient.

Japanese exchange Zaif hit 42+ cents USD. Right now western markets are playing catch up, resulting in a bit of a correction in price gaps. Down to 35 cents global average.
In previous posts, I think I let on enough to tell ya it was going up.

Another update on cryptopia: Wallet downtime is much longer than expected. But I wouldn't worry at his moment.

NEM on a pump. Any news that might trigger ths out yet ? In fact most alts are gaining on btc which is nice to see for a change since btc is acting like a bitch child

Cryptopia Update: A system has been put in place to better monitor all deposits for tainted coin. When depositing XEM, expect a delay of at least 24 hours.
I don't know precise mechanics of how this is working, but the wallet disconnects every day for a period of a couple hours, and upon coming back online, the missing transactions reappear.
Wallet is currently being restarted, and anyone's missing XEM should appear in your deposit history shortly. Remember to use the Buy 50k Sats Trick to make your deposit available for trade. I explained this work around previously. If you aren't familiar with it, I encourage you to read the past few pages of posts, or click the embedded URL.

Those of you with excessive FUD: Today a trade bot application used on the Binance exchange was compromised, resulting in the dumping of ViaCoin (VIA). Binance quickly stepped in, blocking all withdrawals, then proceeding to identify the problem.
Blocking of withdrawals, and rumors of a hack, caused panic sells in many markets, including NEM.
Binance, Bitcoin, Nem, nor anyone else besides a few traders using a specific trade bot were affected.

Stay calm and buy some XEM! At this precise moment: XEM price is increasing to 32cents on Japanese markets, as US exchanges lag behind at 29cents.

Lon Wong, issued a public statement a short time ago: https://t.co/Uf6jjVCgFo

I would agree with you that Poloniex' answer was a bit strange, though it's not unique. Profile email addresses carry a more permanent weight in cryptoland than in the "real world" it seems.

With Poloniex, fortunately I have only dust sitting in my account, so at some point here I'll just create a new one and link it to the old one for verification purposes and that will be that.

And I finally heard from Cryptopia, so that problem is solved, or should be. I just need to somehow persuade SpectroCoin to work with me on either changing my profile email account or helping me transfer from old to new account, something I can't do right now because withdrawals require email confirmation.

I didn't list all the potential catalysts, I just threw a few out off the top of my head. They are back just one page here on this thread. Page 1811
One thing I didn't mention, is that NEM has one of the largest marketing budgets, if not the largest, of any crypto. And once catapult is launched, I'm sure the marketing will ramp up accordingly.

Any news on distribution of the NEM silver coin fund from NXT asset exchange days?

Also, I see on NEM rich list some huge accounts for dev funds and marketing which is great, but where are details of how those funds are being spent?

All the market cares about is an excess supply, which can cause a sustained price drop. This isn't the first time or the last time this happens in crypto. I am sure that will be absorbed by the market, but at a cost. Actually from the peak, NEM's fall has been similar to BTC's fall after MtGox. We don't know how the stolen BTC were liquidated back then though, since that liquidation still seems to be going on.

I am not aware of your analysis of market catalysts for NEM. Mind sharing a link?

Yes. Wait times will vary depending on the coin, and which issue it is. Cryptopia has a lot of crap coin in their markets. Some are continually being 51% attacked, others have crappy developers, wallet issues, etc. Every issue is compounded by the fact that cryptopia user base has expanded so quickly. Currently automated response to new tickets is to wait 28 days for a response.

There is one crapcoin that has been 51% attacked 3 or 4 times in the past month. Each time, traders in this coin get upset with cryptopia when they can't make transactions, but the root of the problem is in the crapcoin itself, then the Cryptopia team is constantly having to get their crapcoin wallet back on the correct chain.
Cryptopia team is so swamped with issues like that, that they can't or won't devote enough time to problems with quality coin, like XEM. Afterall, anyone can pay Cryptopia to list their coin, so they do have an obligation to provide some sort of service to them.

Im hearing that Cryptopia are telling some of their users that support tickets are currently taking 45 days to resolve!