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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 334. (Read 2985265 times)

legendary
Activity: 1918
Merit: 1001

Thats awesome news!  Smiley
Nem was very popular in China and in some of the Asian Countries! In the light of recent development in China as regard crypto currency, what is going to be the short, medium and long term impact on Nem!

Seems China will just be regulating crypto markets, anyway BTC had the highest impact in China, but the price has been recovering as the rest of the world learns we dont need china! Smiley

BTW...

NEM is very strong in the likes of Japan and Malaysia, which are both crypto friendly...
member
Activity: 143
Merit: 11
Why NEM price is stuck, for some days it showed some run but again its stuck
full member
Activity: 490
Merit: 100
Nem was very popular in China and in some of the Asian Countries! In the light of recent development in China as regard crypto currency, what is going to be the short, medium and long term impact on Nem!
hero member
Activity: 491
Merit: 514
legendary
Activity: 1918
Merit: 1001
Each company wants $$$$ to get going and the only way to get it is sell the NEM you raise

The XEM market is way, way too weedy to cope with a wave of ICOs, but of course ICOs drive volume too. It depends though. If there are varying currencies involved there's no reason for anyone to choose XEM over a more liquid one so it'll be squashed flat over and over again.

It [COMSA] might hurt NEMs credibility if too many ICOs start popping up with empty promises.

The whole Idea of COMSA is to prevent exactly this very thing!  Roll Eyes
legendary
Activity: 1050
Merit: 1000
Each company wants $$$$ to get going and the only way to get it is sell the NEM you raise

The XEM market is way, way too weedy to cope with a wave of ICOs, but of course ICOs drive volume too. It depends though. If there are varying currencies involved there's no reason for anyone to choose XEM over a more liquid one so it'll be squashed flat over and over again.

COMSA concept might be a bad idea for NEM in the long run for the reasons already stated.

It might hurt NEMs credibility if too many ICOs start popping up with empty promises.

Then it could be a really good thing, all to do is just wait and see what happens.
Wnu
newbie
Activity: 5
Merit: 0
newbie
Activity: 89
Merit: 0
Each company wants $$$$ to get going and the only way to get it is sell the NEM you raise

The XEM market is way, way too weedy to cope with a wave of ICOs, but of course ICOs drive volume too. It depends though. If there are varying currencies involved there's no reason for anyone to choose XEM over a more liquid one so it'll be squashed flat over and over again.

But why would anyone buy XEM to invest some ICO's if you can use your BTC or ETH for that?
Only thing which we really need is Catapult and some actual news about NEM nor Comsa or other stuff. Comsa imo will maybe have some positive effects if they really get things rolling, but if they'll sell 14 miljoona usd worth of NEM the price will crash and cause massive panic selling.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Each company wants $$$$ to get going and the only way to get it is sell the NEM you raise

The XEM market is way, way too weedy to cope with a wave of ICOs, but of course ICOs drive volume too. It depends though. If there are varying currencies involved there's no reason for anyone to choose XEM over a more liquid one so it'll be squashed flat over and over again.
legendary
Activity: 1279
Merit: 1018
Wow 52 million USD already raised by COMSA ICO! 14 million of it from XEM alone. Amazing...

For anybody curious, here's the NEM wallet:
http://explorer.ournem.com/#/s_account?account=NCBSLPAYFLLDAPRIUQNOY6EVJESCSVNDDDCSEIQT

Strange. $14 million worth of XEM. I taught we would get a bounce in the price of NEM when this sale started but obviously the buyers are not getting their Nem on the exchanges. The worry now is, are COMSA going to dump their new found wealth on the exchanges. Polo at least cant take any kind of sell pressure before a collapse of the price. Theres only 150btc stopping a crash to 600 sats. I haven't checked the orderbook of the other exchanges.
btw this problem will repeat on every new ICO that Comsa runs.
Each company wants $$$$ to get going and the only way to get it is sell the NEM you raise
full member
Activity: 140
Merit: 100
This is really good news. I have never heard about CERT but after searching for it, I was surprised and realized about how influencial this authority could be.NEM is very strong in areas of Japan, Korea and in South-East Asia. It has a lack of adopation in China. If NEM could get a food into the door of the Chinese crypto market, then it would have a big impact. Sometimes I misses a marketing strategy of NEM. Such news could really be a big marketing leverage.

More really great news:

https://twitter.com/NEMofficial/status/897275399612256261

Well done NEM.
legendary
Activity: 1918
Merit: 1001
Wow 52 million USD already raised by COMSA ICO! 14 million of it from XEM alone. Amazing...
Too much ... usually such tokens do not take off in price

I personally invested because I believe in what they are trying to accomplish and want to support their efforts, ROI is secondary. If they are successful, they will increase the value of XEM. Any increase in the value of CSM will be cream on the top.

Same here Tehfiend, I never invested in any ICO, With the exception of COMSA. I like the project, the team, the technical approach, and the huge potential of value COMSA will add to NEM. I invested in COMSA mainly to support their efforts in solving some of the major problems in crypto space today: A regulated ICO platform that is free of scam, atomic swapping exchange, NEM's USDT like tokens, cross blockchain tokens NEM+ETH, solid security features in unitizing a private blockchain "Mijin", and more.

Where COMSA might seem to be just an ICO platform, in reality it is way much more.

COMSA is the way forward with ICO's that can be trusted.
It can only be a positive step in the right direction.
sr. member
Activity: 313
Merit: 252
Wow 52 million USD already raised by COMSA ICO! 14 million of it from XEM alone. Amazing...
Too much ... usually such tokens do not take off in price

I personally invested because I believe in what they are trying to accomplish and want to support their efforts, ROI is secondary. If they are successful, they will increase the value of XEM. Any increase in the value of CSM will be cream on the top.

Same here Tehfiend, I never invested in any ICO, With the exception of COMSA. I like the project, the team, the technical approach, and the huge potential of value COMSA will add to NEM. I invested in COMSA mainly to support their efforts in solving some of the major problems in crypto space today: A regulated ICO platform that is free of scam, atomic swapping exchange, NEM's USDT like tokens, cross blockchain tokens NEM+ETH, solid security features in unitizing a private blockchain "Mijin", and more.

Where COMSA might seem to be just an ICO platform, in reality it is way much more.
legendary
Activity: 1918
Merit: 1001
Wow 52 million USD already raised by COMSA ICO! 14 million of it from XEM alone. Amazing...
Too much ... usually such tokens do not take off in price

Think long term, TBH, me personally am not interested in investing in any ICO's.

Im happy just sitting on my portfolio of coins.
But COMSA will be very valuable to the NEM ecosystem.

Dont invest in an ICO if you want a quick return, but long term ICO's such as COMSA will pay off. Smiley
hero member
Activity: 491
Merit: 514
guys are there any ICO's built on NEM right now?

Not directly as far as i know, but COMSA is launching tomorrow i think which will host all new ICOs on the NEM platform. They will also vet any new ICO which is a positive development and "should" eliminate scams

what do oyu mean by "vet"? Promote?


Vet-

verb
1.
make a careful and critical examination of (something). In other words, any ICO that goes through COMSA will (should) have to show that its a serious project

From what I understand, most ICO's will be for existing businesses. Not vaporware + whitepaper.
hero member
Activity: 491
Merit: 514
Wow 52 million USD already raised by COMSA ICO! 14 million of it from XEM alone. Amazing...
Too much ... usually such tokens do not take off in price

I personally invested because I believe in what they are trying to accomplish and want to support their efforts, ROI is secondary. If they are successful, they will increase the value of XEM. Any increase in the value of CSM will be cream on the top.
newbie
Activity: 4
Merit: 0
Wow 52 million USD already raised by COMSA ICO! 14 million of it from XEM alone. Amazing...
Too much ... usually such tokens do not take off in price
hero member
Activity: 491
Merit: 514
Wow 52 million USD already raised by COMSA ICO! 14 million of it from XEM alone. Amazing...

For anybody curious, here's the NEM wallet:
http://explorer.ournem.com/#/s_account?account=NCBSLPAYFLLDAPRIUQNOY6EVJESCSVNDDDCSEIQT
legendary
Activity: 1279
Merit: 1018
guys are there any ICO's built on NEM right now?

Not directly as far as i know, but COMSA is launching tomorrow i think which will host all new ICOs on the NEM platform. They will also vet any new ICO which is a positive development and "should" eliminate scams

what do oyu mean by "vet"? Promote?


Vet-

verb
1.
make a careful and critical examination of (something). In other words, any ICO that goes through COMSA will (should) have to show that its a serious project
full member
Activity: 270
Merit: 100
guys are there any ICO's built on NEM right now?

Not directly as far as i know, but COMSA is launching tomorrow i think which will host all new ICOs on the NEM platform. They will also vet any new ICO which is a positive development and "should" eliminate scams

what do oyu mean by "vet"? Promote?
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