Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 318. (Read 2985503 times)
November 02, 2017, 01:02:37 PM
Will XEM grow by the end of the year?
November 02, 2017, 12:08:06 PM
Why doesn't everyone enjoy the fact that these low prices of NEM allow for better adoption and distribution.
Wouldn't want NEM to all of a sudden go 9000% up and all those big bagholders dump their bags onto the market and possibly crashing NEM now do we.
The redistribution of NEM will continue until there is a very strong, diverse, and fair distribution for those just joining NEM cryptosphere. Until then expect low prices and automatic corrections of NEM in terms of BTC, but in terms of fiat it will continue to hold its value. Once redistribution is complete, you will see NEM go up.
Wouldn't want NEM to all of a sudden go 9000% up and all those big bagholders dump their bags onto the market and possibly crashing NEM now do we.
The redistribution of NEM will continue until there is a very strong, diverse, and fair distribution for those just joining NEM cryptosphere. Until then expect low prices and automatic corrections of NEM in terms of BTC, but in terms of fiat it will continue to hold its value. Once redistribution is complete, you will see NEM go up.
November 02, 2017, 10:30:40 AM
Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.
Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.
The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.
As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes.
So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM!
The question is, why Zaif do not publish their trading volume!?!
Why does Zaif not publish anything? Are they simply not listed at CMC or what's the point? Would be good to see all data for XEM. It is much more attractive to investors then.
23 Zaif XEM/JPY ** $3,787,770 $0.178808 0.00% Recently
24 Zaif XEM/BTC ** $698,321 $0.179792 0.00% Recently
* Price Excluded
** Volume Excluded - No Trading Fees
November 02, 2017, 10:22:03 AM
Just pass by, Great project!
November 02, 2017, 10:21:24 AM
Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.
Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.
The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.
As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes.
So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM!
The question is, why Zaif do not publish their trading volume!?!
Why does Zaif not publish anything? Are they simply not listed at CMC or what's the point? Would be good to see all data for XEM. It is much more attractive to investors then.
November 02, 2017, 10:03:08 AM
Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.
Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.
The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.
As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes.
So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM!
The question is, why Zaif do not publish their trading volume!?!
Trading volume is published, you can also check it at Cryptocurrency Market Capture >> https://coinmarketcap.com/currencies/nem/#markets
Volume traded at Zaif is excluded because of no trading fee.
thx!
But why did Alexandra said, that the volume is so low because Zaif doesn't publish their volume!?
At the end we need much more volume and I hope that with the marketing plan for next year this issue will be solved!
November 02, 2017, 09:18:52 AM
Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.
Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.
The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.
As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes.
So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM!
The question is, why Zaif do not publish their trading volume!?!
Trading volume is published, you can also check it at Cryptocurrency Market Capture >> https://coinmarketcap.com/currencies/nem/#markets
Volume traded at Zaif is excluded because of no trading fee.
November 02, 2017, 08:50:56 AM
Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.
Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.
The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.
As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes.
So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM!
The question is, why Zaif do not publish their trading volume!?!
they just dont have fees. the volume is published
November 02, 2017, 07:43:48 AM
Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.
Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.
The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.
As far as I know, the volume is not low, it is just unknown, because the exchange Zaif doesn't publish their volumes.
So at the end nobody knows how high the volume of NEM is except Zaif, but this is of course not a good advertisement for NEM!
The question is, why Zaif do not publish their trading volume!?!
November 02, 2017, 07:08:23 AM
I quote that just to remind. Did You all believe still that XEM has chance to stay above 10-15cents area? I believe now that XEM will be dumped hard to few cents, after flashcrash on the whole cryptomarket, when BTC will finish his "window dressings" wave of fouls (so called 5th wave according to Elliot Waves Theory).
Agree with you. XEM is already dumping hard now (hardest from the TOP15, let's say), and this trend will be (IMHO) continuing, according to "no exact dates for some big news, almost no [significant] news at all, not so much of marketing activity, etc" ... simply hard times for us, longterm NEM believers. But to be honest, due to BTC pumping, now is hard time for (almost) every altcoin hodlers...
Well....some news are coming from my side soon : ) when all the bells and whistles are
tuned.
November 02, 2017, 06:29:29 AM
Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
There's always been something abnormal about the freakily low volume. I don't know what the cause is but plenty of shite that's multiple factors smaller is regularly 10x or more even during quiet periods.
Mining obviously accounts for a lot of that, but even non mineable stuff outranks it.
The near constant lack of volume is a huge turn off to traders. You can only make proper moves when it has its one annual epic pump and dump.
November 02, 2017, 06:24:34 AM
Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
According to the BTC you are right, but when you take look at the US Dollar then NEM / NEO / Ripple are the big losers!
Many things has to be changed on NEM (especially marketing,exchanges, community), we need more stable members and not so many gamblers.
But the NEM team are going to change these problems, we have to be patient...
You are correct of course. Especially if you compare Nem to some of the coins/teams around it. I still cant figure out though why volume is so low compared to these other coins but i guess the old saying - if you build it , they will come - holds true here.
Ripple is another Crypto which is near the same price as NEM, and has more than 4x circulating supply, yet their volume is 10x higher than NEM. Ripple has more exposure in the mainstream press and has big names behind it, hence more confidence from big investors.
November 02, 2017, 05:57:23 AM
Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
According to the BTC you are right, but when you take look at the US Dollar then NEM / NEO / Ripple are the big losers!
Many things has to be changed on NEM (especially marketing,exchanges, community), we need more stable members and not so many gamblers.
But the NEM team are going to change these problems, we have to be patient...
You are correct of course. Especially if you compare Nem to some of the coins/teams around it. I still cant figure out though why volume is so low compared to these other coins but i guess the old saying - if you build it , they will come - holds true here.
November 02, 2017, 05:49:09 AM
Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
According to the BTC you are right, but when you take look at the US Dollar then NEM / NEO / Ripple are the big losers!
Many things has to be changed on NEM (especially marketing,exchanges, community), we need more stable members and not so many gamblers.
But the NEM team are going to change these problems, we have to be patient...
November 02, 2017, 05:29:27 AM
Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
Except Nem has a sell bot which has been chasing the price down all the way. Look for the 10 to 20 btc sell wall. You cant stop traders doing what they do, but i would be pissed if this is the Nem foundation bot.
November 02, 2017, 04:56:50 AM
Just looking at the price drops of some of the alts since their peak, it seems like the decreases are around the same percentages:
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
ETC: 888,000 sats at peak in June, now 143000 sats - approx 84% decrease
ETH - 15,000,000 sats at peak in June, now at 4,000,000 sats - approx 73% decrease
NEO: 1,000,000 sats at peak in Aug, now 300,000 sats - approx 70% decrease
Monero: 3,000,000 sats at peak in Sep now 1,000,000 sats - approx 67% decrease
Dash: 10,000,000 sats at peak in Mar, now at 3,600,000 sats - approx 64% decrease
Ripple 20,000 sats at peak in May, now at 2600 sats - approx 87% decrease
NEM - 12,000 sats at peak in May, now at 2300 sats - approx 80% decrease
All alts seems to be dropping at this time with the exception of BTC, BCH and BCC.
November 02, 2017, 04:53:43 AM
I have came up with an idea how to use NEM asset in the real life. https://chainges.co - I organize blockchain and cryptocurrency conference where I use NEM assets as a disscount system and tickets.
I would like to ask you for help in shaping this event (: I will be happy if you can chceck the website and let me knwo what you think about the survey. The idea is that all of us - the community decides about the content, partners etc. so I need your thoughts!
More about an idea: https://steemit.com/blockchain/@chainges/let-s-shape-the-first-real-usable-event-together-chainges
Let know what you think!
I would like to ask you for help in shaping this event (: I will be happy if you can chceck the website and let me knwo what you think about the survey. The idea is that all of us - the community decides about the content, partners etc. so I need your thoughts!
More about an idea: https://steemit.com/blockchain/@chainges/let-s-shape-the-first-real-usable-event-together-chainges
Let know what you think!
November 02, 2017, 04:28:46 AM
If the original one doesn't I'm going to be seriously annoyed. I bought one just for XEM. It's still sitting there unopened.
So did I.
AFAIK old devices are supported with a firmware update. But haven't tested it yet. Not even sure if the update is released yet.
Same here, my Trezor is still unopened. I don't think they've released a firmware update yet. Pretty sure old devices will also be supported since the guy who developed the code (Saleem) did all tests in an old Trezor.
XEM will still be supported in the older model. https://twitter.com/TREZOR/status/926017335177236481
November 02, 2017, 04:14:33 AM
I quote that just to remind. Did You all believe still that XEM has chance to stay above 10-15cents area? I believe now that XEM will be dumped hard to few cents, after flashcrash on the whole cryptomarket, when BTC will finish his "window dressings" wave of fouls (so called 5th wave according to Elliot Waves Theory).
Agree with you. XEM is already dumping hard now (hardest from the TOP15, let's say), and this trend will be (IMHO) continuing, according to "no exact dates for some big news, almost no [significant] news at all, not so much of marketing activity, etc" ... simply hard times for us, longterm NEM believers. But to be honest, due to BTC pumping, now is hard time for (almost) every altcoin hodlers...
November 02, 2017, 04:10:01 AM
Is it not a tad pathetic that at this stage of the game it's still necessary to scrabble around with popularity contests like this? Especially when shite I've never heard of is massively outgunning it.
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