Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 27. (Read 2984910 times)

NEM has always stayed within the top 30 coins for several years, although there has been almost no progress. With Symbol comes a big upgrade and the development and marketing are professionalized. That's why I think that Symbol (aka NEM 2.0) has a bright future ahead if they don't make big mistakes.

Why not ? Any product that fits into the scheme that will be implemented when resolving the issue - the fiat market - cryptocurrencies - has a future. NEM has its own fairly good concept, which is well suited for the implementation of business processes for real business. The only thing I agree on is that there were problems with the implementation of the Symbol project, but February is "just around the corner", and soon the project will be released on the working network

NEM Symbol 0.10.0.5 Release Announcement & Testnet Reset
https://forum.nem.io/t/nem-symbol-0-10-0-5-release-announcement-testnet-reset/26982

We're entering into the final stretch.

No, because crypto is class like asset not money like fiat or gold and silver before paper money appeared (now they are also only assets). Assets are not so stable to be used widely as means of payment. But are very suitable for speculation, to create bubbles etc. I understand many want change this f... system and crypto is attractive, but not for current financial system, that system will fiight this, and the best way is to create bubbles and dramas after that, as we can observe in case of Bitcoin every few years. The price of Bitcoin is every time higher? Ok but still not stable. Even if 1satoshi will be 1$ it can be after that 1,1$ 1,5$ or crash to 0.1$ it will never be stable. For wealth people Bitcoin and some altcoins can be longterm store of value. They have so huge wealth (and means for creation), that they can manipulate prices in this direction. For "normal people" they will do some other method of payment, and only that without possesion. They will possess, "the street" will have only credit. So is the plan of finanical elites. There is little hope it can be changed so far.

The NEM Software CTO posted an article on the plans to refresh NEM NIS1 last month. There are four things in the roadmap, see below official Twitter post and link below.

https://www.twitter.com/NEMofficial/status/1348932876331610113

https://medium.com/nemofficial/the-future-of-nis1-2c170c38379e

BTC's value will stabilize over the long term, probably at the point when 1 Satoshi = $1. 

You don't see that in the future some crypto coin can be used instead of Visa and such?
Before that the crypto value must be stabilized, ie. it should not change more than 1 % in a day

That stabilization happens when there is a common conception of the values.
Now there is not such yet. For example, BTC's value is 40 000 or 140 000 or 500 000 USD - - - depending on who you ask

Sadly there is no future, only pump&dump schemes. This sentence is valid for all cryptos including Bitcoin. All this is created to transfer wealth from small players to the big fishes. Some small fishes can only try to get in and get out in proper moments of this drama but at cost of 95% all other players. So is the way how it works imho.

Does anyone else believe in a great future for NEM (XEM) project? What event/new can affect the attraction of new investors? 

NEM(XEM) was since the beginning identified as "ninja release". Now is not. XYM will be identified as "perpetual perfectly postponed"

It is for perfection!

surprise surprise another delay lol

Result of the poll shows the postponing of the snapshot.

https://explorer.nemtool.com/#/poll?id=5fee0e206a966b753880834e

So is the snapshot happening on schedule?

For me its only transfer of wealth from weak hands to the smart money hands, only correction, of course propelled by realisation of profit by those smart, who have buyed lower, but rest (95%) have no or small profit now (those from levels 30-40.000) many will give up and will return after much braver wave, those people are "capital donors" for smart money.

maybe some small or bigger investors looked that a ride from 5000 USD to 40 000 USD is good enough. Or they did not believe that the rise continues.
It is interesting, whether this was the peak and will the price drop to earlier peak (~ 15 000 USD) ...
 or will the new peak top be searched from the level of 10 * earlier peak, like it has usually been with BTC

Good correction @BTC, but for XEM it means further consolidaton or negative bias. 22 cents was strong (3 times bounce) but with dynamical Bitcoin there is always problem. I dont sell that chunk @ 22cents. I wait for more cheaper XEMs if some impatient investors will be so kind.

yes, I forgot those zero or low fees ...
In such exchanges the volume and price can be manipulated with robots quite easy.
 

Someone listened  

Maybe, but to be precise i mean that market maker (there is always such person or group of persons) can do with his robots false volume (per multiaccounts) at low cost, that is possible also in case of exchange (no costs as no fees).

This things are maked to create false pumps, and these false pumps are maked to create opportunity to sell collected coins from lower lewels to the FOMO players with good profit, sometimes this pumps are propelled by good news or statements to create really good profit ratio (espiecially for insiders).

This is wild market, with one rule for small player: newer tend to FOMO, try to buy when You see possibility of dip, try sell when You see FOMO and never get in for all You have!

I dont say that insiders or exchanges do it in case of XEM for sure. But that is my impression. I observe this market day by day, hour after hour.

Some thougths about current price action:

https://forum.nem.io/t/nem-xem-price-charts/1204/4?u=ormrlangi

Today is the last day of poll and option "Move snapshot with the launch date" probably will win. What this can cause to price? For sure there will be more time for accumulation before snapshot i bet big fishes will try to make mechanism of reversed FOMO in exchanges, to get cheap XEMs from impatient people.

Now i try to rebuy @0.22$ some chunk of XEMs that i gave up some time ago, my main pending buy in Bitcoins @ 400-460satoshi area stays untouched, just in case... Howgh:D

edit// and the holders voted to not risk and move snapshot along with the launch date, price is stable @22cents we will see if it will hold, if not 400-460 satoshi as i wrote before.