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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 277. (Read 2984910 times)

full member
Activity: 230
Merit: 100
Lots of buzz about NEO for next year, not so much about NEM. How do they stack up against one another?
newbie
Activity: 9
Merit: 0
Rap song about NEM with 20k views on youtube:

https://youtu.be/plFsuHAcBKU
member
Activity: 224
Merit: 11
Anyhow, thanks to WeChat integration, NEM bulls are surging and aiming at the moon. They also have a way lower trade volume for the marketcap. But that is probably because of the fixed supply and large holders.
legendary
Activity: 1386
Merit: 1045
I can't wait to know more about MINUTES.

Great news keep coming.
The airdrop details would be interesting to watch. Perhaps other projects can follow suite, and NEM holders can get more future rewards based on these airdrops, if a few projects succeed.
legendary
Activity: 1240
Merit: 1001
Thank God I'm an atheist
I can't wait to know more about MINUTES.

Great news keep coming.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Hi, I am new to NEM.

As I understood right there is no Inflation. You can harvest by choosing a supernode and get rewards from the transaction fees that the supernode collects by putting transactions in a block.

1. How is the supernode rewarded?

2. If NEM gets more used, do the fees also rise like at BTC?

3. By higher usage the value of the token would also rise. So why should a company use this blockchain, if they have to pay more and more for the usage when NEM gets more popular.

The supernodes are subsidised by a preallocated fund that should last for a few more years.

NEM will soon get a huge capacity upgrade so fees will probably never rise above the standard level. If they do then it's a nice problem to have. If the XEM USD price rises then of course the fee costs more, but developers have already reduced the fee once and can again.

Companies will use a private version of the NEM chain and there won't be any fees. They will occasionally need to use the main chain but only to transact with other companies.
full member
Activity: 145
Merit: 100
★ WORLDCORE ★
Hi, I am new to NEM.

As I understood right there is no Inflation. You can harvest by choosing a supernode and get rewards from the transaction fees that the supernode collects by putting transactions in a block.

1. How is the supernode rewarded?

2. If NEM gets more used, do the fees also rise like at BTC?

3. By higher usage the value of the token would also rise. So why should a company use this blockchain, if they have to pay more and more for the usage when NEM gets more popular.
sr. member
Activity: 420
Merit: 257
Thank God! You heard my prayer!
Now my loss is not 70%, but only 50%.

I hope that by the end of the year there will be a few more such jumps.  Grin

The peak was around 13000 satoshis give or take a few hundred. That equates to $1.88 at current BTC prices.

Choosing USD or BTC pricing might be the difference between sadness and elation. I chose USD for NEM a long time ago.

It's natural the BTC ratio will plummet when BTC is on a run. At the same time the BTC ratio will rise when Bitcoin is falling or resting. It all ultimately levels out.

I really liked the steady grow of nem. hopefully it will settle around here and continue to rise

Settle, or rise ?  You have to decide  Smiley


legendary
Activity: 1386
Merit: 1045
New NEM Air Drop Token - Minutes

  • On Saturday, December 9, ChronoBank announced partnership with NEM. The result of this joint collaboration is the new token NEM based asset Minutes. Minutes will be distributed between XEM and TIME holders.
  • For TIME holders: you will be able to deposit your TIME in the ChronoMint smart contact deposit feature to receive Minutes tokens.
  • For XEM holders: the info coming soon.
  • Minutes will be available in the near future.
  • At the moment, all the details are getting finalised, so stay tuned for the updates.

Source: https://blog.chronobank.io/sunday-times-issue-12-72cfae20f8e1
This is an interesting update. Wonder what they're doing with NEM specifically, and what this new token MINUTES would do. I remember Chronobank had a lot of publicity and advertisements before the ICO where they raised a good amount of money, but the project seems to have been faltering since, even being delisted from Bittrex. I would be interested to see some strong use for MINUTES though - might help both the communities if that were the case.
hero member
Activity: 700
Merit: 501
again we are going to see 1500 satoshi price.

Depends on what BTC does
full member
Activity: 406
Merit: 121
again we are going to see 1500 satoshi price.
sr. member
Activity: 518
Merit: 299
I think we are going the break the 0.45 level very soon!

in 2018 XEM should be hit $1 like iota, i trust this coin and holding alot. lets wait and see what will happen

Thats a good choise buddy Cheesy I am also NEM token holder. Why talking so low? ^^
WeChat Wallet its already great thing. Lets say $2 in Q1 2018. Lets rocket Cool
sr. member
Activity: 406
Merit: 252
New NEM Air Drop Token - Minutes

  • On Saturday, December 9, ChronoBank announced partnership with NEM. The result of this joint collaboration is the new token NEM based asset Minutes. Minutes will be distributed between XEM and TIME holders.
  • For TIME holders: you will be able to deposit your TIME in the ChronoMint smart contact deposit feature to receive Minutes tokens.
  • For XEM holders: the info coming soon.
  • Minutes will be available in the near future.
  • At the moment, all the details are getting finalised, so stay tuned for the updates.

Source: https://blog.chronobank.io/sunday-times-issue-12-72cfae20f8e1
member
Activity: 308
Merit: 13
ZetoChain - ACCELERATING BLOCKCHAIN FOR THE SUPPLY
Thank God! You heard my prayer!
Now my loss is not 70%, but only 50%.

I hope that by the end of the year there will be a few more such jumps.  Grin

The peak was around 13000 satoshis give or take a few hundred. That equates to $1.88 at current BTC prices.

Choosing USD or BTC pricing might be the difference between sadness and elation. I chose USD for NEM a long time ago.

It's natural the BTC ratio will plummet when BTC is on a run. At the same time the BTC ratio will rise when Bitcoin is falling or resting. It all ultimately levels out.

I really liked the steady grow of nem. hopefully it will settle around here and continue to rise
sr. member
Activity: 560
Merit: 261
jesus christ boys what a shit show  Cheesy
You should be aware that there is always a correction after a 200% pump.
Just collect more before next round of pump.
full member
Activity: 314
Merit: 100
einc.io
jesus christ boys what a shit show  Cheesy
If you regard a shit show as pretend sell walls to force cheaper buys, then yeah I agree - you must be new here.
legendary
Activity: 1386
Merit: 1045
I am bullish on NEM as well. I think the upswing is not over for the next days/weeks. Also the official Trezor integration should happen in the next days in the NanoWallet.

Yeah, that should be a good thing to securely store NEM while still staking
full member
Activity: 208
Merit: 100
jesus christ boys what a shit show  Cheesy
full member
Activity: 230
Merit: 100
Let's be self-critical here-what are the potential pitfalls? My guess would be that WeChat is Chinese and therefore there could be some government intervention/prohibition.

Anything else to think about? On the face of it, this seems huge, and that $5 price target for 2018 seems very doable (we may well end the year over $1).

The Chinese crypto market is crippled. As far as I can tell this is the equivalent of getting something on the Ios or Play store which anyone can do. If it did gain some traction then clearly Wechat is going to do exactly what the government will tell them to do and remove it.

I can only assume the reason it's slipped through is that Wechat or the government doesn't know what NEM is or care enough.

I think this particular news is a fun little development that got horrifically blown out of proportion.

It sounds like other interesting things will come to fruition soon.

Yeah, at the very least this coin seems to be alive again. Though it seems that any new app requires an approval process on WeChat so perhaps this isn’t something that just slipped by. Suppose we’ll see...
full member
Activity: 238
Merit: 100
Great to see NEM finally breaking the ~$20 cents mark! Can anybody tell me where this sudden price jump came from? Was it because of the news of WeChat integrating a wallet that will support NEM? I wasnt sure if this news were true or not.
But even if this now only was a pump and it will go down again to maybe  ~$30 cents or so, with Catapult release, the new PoI algo and (maybe if its true) the wechat integration, Nem will land on much higher grounds, thats for sure!
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