Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 329. (Read 2985265 times)

all who move after BTC stop raising to altcoins fast enough
raise their value twice....

its like caterpillar movement
bitcoin move ahead
altcoins catch up
and repeat

in the end always the whole marketcapitalisation increase

That's what I was thinking ...  
not followed or calculated the exact numbers for XEM / USD,
but only followed the courses XEM / BTC  and  BTC / USD.   When the other one falls, then the other one climbs up. "Always"

NEM volumes are still quite thin, so there is no strong opinion about how good or bad the crypto is.

And as many commented: the alts are falling, not just NEM.
If that is a direct reaction to the BTC's rise, then the drop of "all alts" proves that there are quite good (capable to calculate) players on the markets



edit:
It is often said that crypto markets are "Pump and dump".
Maybe they are just Pump ...

In the stock markets usually happens so that when the dividend is cut from the share, the shares's price drops by the dividend's value. But during 1 - 6 months it may climb back to the same value, which it had when the dividend was cut.
The dividend does kind of pump.

When Bitcoin's value is increasing, the alts are going down.
When Bitcoin reaches some level and starts making sawing, the alts start climbing back to their high peaks.
So... does Bitcoin pump the alts ?  :-)

Comparing to USD everything is fine!
Staying around 0.2 for days now and imo this is more important than XEM/ btc!

Who cares, stupid money coming in dont give a poop about state of affairs in shitcoin camp. Bitcoin and ethereum is where money is being injected. Overall it makes no significance which shitcoin blockchain banksters will choose, they will use it as a base model for projecting and structuring their own ledger. They will simply fork underlying base and issue their permissioned corporate rullsets on the private chain. Whether they use this or that is not whats important, it adds shortlived hype and destroys a coin as everyone exits in favor of corporate projects. Its not necessary for the evolution of crypto.

Mostly all Altcoins are falling, it is just because of Bitcoin.
NEM and other Altcoins did nothing wrong!
It is always the same procedure:
Bitcoin pumps Altcoin dumps except you have big news!
After the Bitcoin really all the Altcoins will rise again and I am sure that we will see very high prices again, because there is a lot more money in the market!
So this is all good for Bitcoin and Altcoins!

Earlier I considered these coins one of the most promising and stable even against the background of a falling market. Now XEM behaves as something strange and falls every day lower and lower. I'm upset, because I keep these coins !!!

I agree with you. NEM during0 the past year have reached the leading positions, have great prospects as a platform. DIMCOIN looks very solid.

10% price drop last 24 hours, its a good time to invest or dump and run, depends are you gambler or not...

So my pending buy orders (i will use my bitcoins taken @ 4330) go for XEMBTC pair to 2000-3000sat area (yep whole area not one point of entry). That costs me nothing to wait for nervous investors dumps (only risk for holding Bitcoins on exchange). Thanks Zylon for that info, altrough it is shitty info for NEM in shortterm perspective. Combined with postponed Catapult release it explain good, why XEM does not participate now in Bitcoins bullrun, and why chart in BTCUSD looks like more and more, like it was after pump to 2800sat in June 2016. But i change not of course my view about XEM longterm. This should be black horse of whole crypto, and if not i will be very disapointed.

Unfortunately Hyperledger seems to be the blockchain they are using:(
http://www.fujitsu.com/global/about/resources/news/press-releases/2017/0731-01.html

https://www.hyperledger.org/news/2017/07/31/7-31-17-coindesk-japans-fujitsu-to-commercialize-hyperledger-fabric-software-by-next-year

Sad story for NEM...

I dont see in this article any signs, that NEMs blockchain will be used too. They are probably developing own platform, and now is time for tests. That's a shame for NEM, but nothing is for sure. Or maybe NEM Foundation doesn't want spreading information about using NEMs blockchain, or about fail in her tries to attract Japanese Banks, but that's pure speculation. If NEMs blockchain will be not used by this 3 megabanks, that will be clear fail for us holders and for NEM, but not the end of the world. There are plenty of fields where NEMs blockchain can succeed.

And few words regarding price action. Bitcoin fly, NEM stay steady in terms of USD, crashing in BTC. Not good, now is other than in August, when XEMs price climbed brave after BTCs climbing. Or markets reaction is more retarded than in August, in case of altcoins. But for me it's clear, that XEM does not participate in this wave of optimism @BTC. I wish to hope, that it will change in comming hours or days, cause i wish XEMs the best, and dont want to see his price one more time around 10cents or lower (even if it is good oportunity to get cheaper XEMs from weakk hands).

Someone asked here about portfolios. My is 60% in XEM (buyed in times when capitalization was around 1 Million of USD:) 30% in BTC (part of very old stack accumulated in 200-500USD area + one long entry @ 4330 partially in 50% closed @ 4770 unfortunately huh, the rest i will probably sell much above 6000, but we will see), and 10% in other pure shitcoins for playing purposes.

Doesn't sound like Ripple, so let's hope for the best:)

Hopefully XEM and not ripple like last time!  

I did my research and found two projects that have tremendous potential.
My basket is 45% NEM + 45% IOTA + 10% BTC and other junk.

I know Ethereum is all the rage but you can have their turing-complete "smart" contracts.

SmartBillions Challenges Hackers with 1,500 Ether Reward, Gets Hacked and Pulls Most of It Out
https://www.cryptocoinsnews.com/smartbillions-challenges-hackers-1500-ether-reward-gets-hacked-pulls/

Ethereum’s Solidity Flaw Exploited in DAO Attack Says Cornell Researcher
https://www.cryptocoinsnews.com/ethereum-solidity-flaw-dao/

Underhanded Solidity Coding Contest
https://news.ycombinator.com/item?id=14689792

"In the first 1.5 years of life of Ethereum, there have been a multitude of experiments to implement Ponzi schemes
as smart contracts: indeed, ~10% of the 1384 contracts with verified source code on etherscan.io are Ponzi schemes."
https://arxiv.org/pdf/1703.03779.pdf

Criticizing Ethereum - weaknesses of the internet 3.0
https://hackernoon.com/the-top-critiques-on-ethereum-a-bubble-waiting-to-pop-6ccf9b577d11

Implementing Ethereum trading front-runs on the Bancor exchange in Python
https://hackernoon.com/front-running-bancor-in-150-lines-of-python-with-ethereum-api-d5e2bfd0d798

Did you see the new portrait lighting effect ad by Apple? For a split-second I thought it was Vitalik!
https://www.youtube.com/watch?v=REZl-ANYKKY

Japan’s 3 Megabanks Unite on a Blockchain for P2P Money Transfer ‘Field Trial
Has this anything to do with NEM/Mijin? I thought i remembered a mention of Fujitsu trialing mijin some time ago but i could be wrong.

https://www.cryptocoinsnews.com/japans-3-megabanks-conduct-p2p-field-trial-blockchain-money-transfers/

seem so far

Whats up with Catapult? Any update on that? Haven't looked in the thread since a long time.

I have only two baskets. BTC and NEM. I can't keep track with more news, development. I want to know at any time, what I invested in. All the rest I hold is just small pocketmoney to satisfy my gambling

plenty of baskets - but NEM is one of the biggest

good experience for me as well. Just joined here, I was more present on Reddit forum before. I wanted to ask you NEMbers, what is your view on diversification strategy. I know the old saying 'dont put all your eggs in one basket' but on the other side, it limits your prospects on the maximum profits.
Entering NEM in June I wasnt looking for small or quick gains, rather than that, I wanted few thousand percent return after holding for 3-5 years. Only recently I added 2 other coins, yet still making my portfolio 75% in XEM. I am totally fine with loosing it all, but being strong believer and fan of NEM, keep an eye on it every day.

How about you guys? Do you keep plenty of baskets or have one XEM basked and watch it carefully?