Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 469. (Read 2985369 times)

Quote from: NEMergizer on May 21, 2017, 05:41:37 PM

seeing everything that is going on, I guess that NEM wll be 5 Bil. till end of this year.

This is bubble. Price will crash soon. But till that we can make nice money.
Just look other bubbles with quick price jump and compare them with XEM.

This is not a NEM bubble: other coins are rising fast too.
Can't be a pump and dump by a super Bitcoin whale because Bitcoin is rising too.
This is new money entering the cryptocoin market. Time will tell us if these new investors are here to stay.

Yes new money is entering the crypto world and it seems the majority of which related to financial entities with primary interest in block chained fintech where XEM has the most advanced technology. Thats why the most rising alts are XEM, STR and XRP.

gentlemand

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In general NEM market cap at 2B is still too low compared to XRP at ~13B. You should expect at least 30% of XRP market cap to move to XEM sooner than latter. It seems that some news will be announced tomorrow in the conference. In addition someone was referring to 25th of May for some NEM big news that I am not quite sure what it will be.

I certainly wouldn't be averse to the idea, but all markets are so berserk right now I don't think there's much point in comparing market caps or movements. They're all fickle and overexcited and could float away at any moment.

All of these valuations are just a few days or weeks old. Nothing can be treated as a dependable metric.

NEMergizer

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Quote from: nemwanderer on May 21, 2017, 01:43:51 PM

Quote from: NEMergizer on May 21, 2017, 01:38:29 PM

Quote from: gentlemand on May 21, 2017, 10:44:50 AM

One thing that is not cool on NEM right now among all the positive news is fees for small and micro-transactions. I understand it's spam and harvestors protection but it's bad having 0.0025% fee when you transfer 1,000,000 XEM and 10% fee when you buy a coffee for 10 XEM. How about some compromise 0.1% for any transaction with minimum 0.01 XEM and max 10 XEM ? Spamming would be still costly and but coffee would be bought without noticeable fee. As price fluctuates (mostly up

), it might be needed to re-adjust it again in the future. Minimal transaction fee should be around quarter of USD cent imho.

The price has risen so rapidly that it's pretty tough to respond to things like that. They have reduced the fee in the past. They'll need to do it again. It seems the primary moan is Poloniex's withdrawal fee which is now about $4 so it's becoming more like BTC all the time.

This is not a good time to adjust fees as price is expected to double if not triple tonight! Probably in 2 to 3 months would be a good time to re-evaluate and adjust fees.

Why do you expect the price to double or triple tonight?

The charts show the same exact pattern as of May 4th to 7th. On Sunday 7th of May a huge buy wave hit XEM Japanese Morning time. For that I am expecting the same exact pattern will hit within the coming 10 hours to take XEM in the range of ~0.5$.

In general NEM market cap at 2B is still too low compared to XRP at ~13B. You should expect at least 30% of XRP market cap to move to XEM sooner than latter. It seems that some news will be announced tomorrow in the conference. In addition someone was referring to 25th of May for some NEM big news that I am not quite sure what it will be.

On the other hand the last STR pump was a big failure cause whoever was pumping STR was dumping XEM. This didn't work well cause it seems STR holders dumped STR to buy low XEM. So the current STR pump has to hit XEM in order to advance beyond STR->XEM exchnage.

These are the main reasons why XEM is more likely to double tonight. Keep in mind there are many other reasons why XEM will rise within the coming weeks.

rigel

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Quote from: kocodile on May 21, 2017, 01:55:05 PM

seeing everything that is going on, I guess that NEM wll be 5 Bil. till end of this year.

This is bubble. Price will crash soon. But till that we can make nice money.
Just look other bubbles with quick price jump and compare them with XEM.

This is not a NEM bubble: other coins are rising fast too.
Can't be a pump and dump by a super Bitcoin whale because Bitcoin is rising too.
This is new money entering the cryptocoin market. Time will tell us if these new investors are here to stay.

KimNg

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seeing everything that is going on, I guess that NEM wll be 5 Bil. till end of this year.

This is bubble. Price will crash soon. But till that we can make nice money.
Just look other bubbles with quick price jump and compare them with XEM.

billionaires are coming to crypto to escape theeeee bubble
i don't think we are in a bubble
we are experiencing the beginning of the "crypto as a refuge" era
we are like gold if not better

Billionaire investor Michael Novogratz has stated that he holds 10% of his net worth in digital currencies such as Bitcoin and Ether.
https://btcmanager.com/billionaire-novogratz-tenth-of-wealth-in-crypto-like-bitcoin-ether/

Billionaires do not use exchanges, they buy on the larger OTC markets. Soon the *BIG* money will begin to flow into crypto's that have real-life use cases - and less so into bitcoin.

BTC Dominance: 45.9%
https://coinmarketcap.com/charts/#dominance-percentage

Now that NEM is #4, we are on the radar. A lot of new eyes are starting to discover all the advantages of the NEM blockchain platform.
Interesting times ahead. Cool

Digicoiner

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In Crypto I trust.

How do I start delegated harvesting using a remote NIS node? Do I specify the remote node when I click 'activate delegated harvesting' or do I specify it after delegated harvesting is activated?

kocodile

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Quote

According to Otto, Google and Apple take as much as 30 percent cut of the sales price while Xarcade only takes one to two percent, which grants a bigger share of the total yield to developers and publishers.
Von Nostitz stated:

l like that

4emily

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^^^ Thanks for posting - Great news - tweeted

revelacaogr

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2009 Alea iacta est

https://btcmanager.com/blockchain-technology-is-transforming-the-indie-game-industry/

.............
Otto is also introducing something innovative to the payment method for the games. Contrary to Google Play Store and Apple App Store it does not require credit or debit cards or telco billings for purchases made. Instead, all transactions on Xarcade are done using XAR points which can be exchanged with an altcoin – XEM, which is backed by the NEM Foundation. This means that all transactions will be recorded using the blockchain technology where the authenticity of each transaction is authenticated by digital signatures, and at the same time, each transaction is checked against each other on the network. Much like most app stores, Xarcade will allow its users to view and download games on the platform with additional features from the integration of blockchain technology, such as purchasing and exchanging in-game tokens.................

kocodile

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Quote from: NEMergizer on May 21, 2017, 01:38:29 PM

seeing everything that is going on, I guess that NEM wll be 5 Bil. till end of this year.

This is bubble. Price will crash soon. But till that we can make nice money.
Just look other bubbles with quick price jump and compare them with XEM.

billionaires are coming to crypto to escape theeeee bubble
i don't think we are in a bubble
we are experiencing the beginning of the "crypto as a refuge" era
we are like gold if not better

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

This is not a good time to adjust fees as price is expected to double if not triple tonight! Probably in 2 to 3 months would be a good time to re-evaluate and adjust fees.

Poloniex could do something any time they like, but it looks like they can't even be bothered to get out of bed these days let alone respond to user needs.

And is there any particular reason for the price to double in a few hours?

Burmik123

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And we go again.

Quote from: NEMergizer on May 21, 2017, 01:38:29 PM

seeing everything that is going on, I guess that NEM wll be 5 Bil. till end of this year.

This is bubble. Price will crash soon. But till that we can make nice money.
Just look other bubbles with quick price jump and compare them with XEM.

nemwanderer

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Activity: 230

Merit: 100

Quote from: gentlemand on May 21, 2017, 10:44:50 AM

Quote from: gentlemand on May 21, 2017, 10:44:50 AM

One thing that is not cool on NEM right now among all the positive news is fees for small and micro-transactions. I understand it's spam and harvestors protection but it's bad having 0.0025% fee when you transfer 1,000,000 XEM and 10% fee when you buy a coffee for 10 XEM. How about some compromise 0.1% for any transaction with minimum 0.01 XEM and max 10 XEM ? Spamming would be still costly and but coffee would be bought without noticeable fee. As price fluctuates (mostly up

), it might be needed to re-adjust it again in the future. Minimal transaction fee should be around quarter of USD cent imho.

The price has risen so rapidly that it's pretty tough to respond to things like that. They have reduced the fee in the past. They'll need to do it again. It seems the primary moan is Poloniex's withdrawal fee which is now about $4 so it's becoming more like BTC all the time.

This is not a good time to adjust fees as price is expected to double if not triple tonight! Probably in 2 to 3 months would be a good time to re-evaluate and adjust fees.

Why do you expect the price to double or triple tonight?

NEMergizer

sr. member

Activity: 313

Merit: 252

Quote from: McDoxy1 on May 21, 2017, 11:24:06 AM

One thing that is not cool on NEM right now among all the positive news is fees for small and micro-transactions. I understand it's spam and harvestors protection but it's bad having 0.0025% fee when you transfer 1,000,000 XEM and 10% fee when you buy a coffee for 10 XEM. How about some compromise 0.1% for any transaction with minimum 0.01 XEM and max 10 XEM ? Spamming would be still costly and but coffee would be bought without noticeable fee. As price fluctuates (mostly up

), it might be needed to re-adjust it again in the future. Minimal transaction fee should be around quarter of USD cent imho.

The price has risen so rapidly that it's pretty tough to respond to things like that. They have reduced the fee in the past. They'll need to do it again. It seems the primary moan is Poloniex's withdrawal fee which is now about $4 so it's becoming more like BTC all the time.

This is not a good time to adjust fees as price is expected to double if not triple tonight! Probably in 2 to 3 months would be a good time to re-evaluate and adjust fees.

kocodile

member

Activity: 67

Merit: 10

i just can't believe it nem at top4
without marketing without hype without margin without nothing
just one thing
oooone thing a fucking awesome Blockchain

NEM theee BLOCKCHAIN no bullshit
so privileged to be a part of this project

when nem will start spending the marketing fund seriously
it will destroy the competition period.

franc0

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Hire me! Spanish translator and community manager!

Quote from: gentlemand on May 21, 2017, 10:44:50 AM