NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 50.

ormin79

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Activity: 152

Merit: 11

Hello Satb

But my account is blocked by TW for "strange behaviour" or something like that (maybe due to my words about banksters) and technical publications are not my priority for now. All i can say for XYM hodlers - accumulate it wise, not when is pumped, but only when market is in dumping phase. I believe that despite current team incompetence, the technology behind catapult/NEM will win in the long haul. See you @10 or more dollars for 1 XYM

satb

member

Activity: 202

Merit: 30

forum.nem.io

Quote from: ormin79 on January 17, 2020, 05:00:31 AM

Quote from: ormin79 on January 02, 2019, 03:48:05 AM

2018 Years close price of XEM is 0.064$ (coinmarketcap)
I think close price for 2019 year should be higher than those 6.4 cent.
But between 1.01 and 31.12 there is alot of space to make new dips along with the broad market and Bitcoin. I have some XEM for 9 cent, little more for 6,3 cent and will wait patiently to accumulate many more if market will give me this opportunity in 2019. 1-2 cent area looks for me possible to be touched if the beartrend in Bitcoin and the rest of cryptosphere will be resumed. Unexpected pumps are also possible in this crazy year. I wish You Good Luck! in collecting of cheap XEMs. In 2021/22 You will be rewarded.

I must quote myself:) and in terms o chinese Year we have some time to touch or even pump some cents more than 6.

There should be pump from this 3cents dip (sadly 1-2 cents was not touched, but there was some time to accumulate little more around this 3 cents) but maybe after launch of "new NEM"and some volatile price action we will see new dip in this or in the next year. I dont expect many from market this days/months nor from NEM Foundation, but longterm this project should give huge reward for patient holders, so buy and hold is the best strategy than waiting for shortlived pumps&dumps. Howgh;)

Welcome back Ormin, good to have your analysis. It's been a long time. Hope to see some forecasts in tradingview.

ormin79

member

Activity: 152

Merit: 11

Quote from: ormin79 on January 02, 2019, 03:48:05 AM

2018 Years close price of XEM is 0.064$ (coinmarketcap)
I think close price for 2019 year should be higher than those 6.4 cent.
But between 1.01 and 31.12 there is alot of space to make new dips along with the broad market and Bitcoin. I have some XEM for 9 cent, little more for 6,3 cent and will wait patiently to accumulate many more if market will give me this opportunity in 2019. 1-2 cent area looks for me possible to be touched if the beartrend in Bitcoin and the rest of cryptosphere will be resumed. Unexpected pumps are also possible in this crazy year. I wish You Good Luck! in collecting of cheap XEMs. In 2021/22 You will be rewarded.

I must quote myself:) and in terms o chinese Year we have some time to touch or even pump some cents more than 6.

There should be pump from this 3cents dip (sadly 1-2 cents was not touched, but there was some time to accumulate little more around this 3 cents) but maybe after launch of "new NEM"and some volatile price action we will see new dip in this or in the next year. I dont expect many from market this days/months nor from NEM Foundation, but longterm this project should give huge reward for patient holders, so buy and hold is the best strategy than waiting for shortlived pumps&dumps. Howgh;)

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: greentea on January 15, 2020, 11:51:23 AM

Community POI vote for Symbol ticker:
https://forum.nem.io/t/community-poi-vote-symbol-ticker/24173/8

XYM

That is the logical choice after XEM. Tho I do not like very much the new name :-(

greentea

legendary

Activity: 1418

Merit: 1002

Community POI vote for Symbol ticker:
https://forum.nem.io/t/community-poi-vote-symbol-ticker/24173/8

DenisZabar

sr. member

Activity: 614

Merit: 254

Quote from: jkoil on January 11, 2020, 08:44:26 AM

Quote from: DenisZabar on January 10, 2020, 05:20:57 PM

...

They already killing it slowly. Price is dropping and people dumping every day this coin

https://global.bittrex.com/Market/Index?MarketName=BTC-XEM

.. but someone is buying.

There is no clear dropping ( -5 % ... - 50% ), so can not say that there is dumping.

Yes i agree but there is strong sell and strong buy lately https://global.bittrex.com/Market/Index?MarketName=BTC-XEM

There is obviously something happening behind stage but we don't know what. Who is selling and why and who is buying and why?

I call that a dump but again someone is willing to buy so its not a pure dump.

Maybe all of these messages are meant to make as nervous and sell our coins and when swap came price will rise to heaven Huh

schnötzel

legendary

Activity: 1316

Merit: 1041

Bitcoin is a bit**

Quote from: boomboom on January 11, 2020, 07:18:54 PM

Quote from: gentlemand on January 10, 2020, 06:26:35 PM

I cannae believe the silver fund thing is still being discussed. There are rather more important things to be focusing on such as whether this project and its descendant has a future other than oblivion.

My own take on the silver thing is I never handed over any money for it or felt any ownership of it, I just got 70-75,000 less XEM and stakeholders paid chump change for what they did receive.

I seem to recall saying it was a fucking stupid idea at the time and my opinion has not wavered. It's been pathetically handled but it'll soon be five years ago and since then literally nothing has been done about it so it clearly never will by this point. They'll intend for the idea of it to fade away. I won't particularly care for one.

I see on Telegram yesterday that Laura from the NEM foundation says they don't control the Silver fund. Let us focus on the funds, not so much the silver coin idea itself, but the millions of XEM in the silver coin fund.

Which option is best for the future of Catapult?
1- the funds get distributed to the original stakeholders, energizing the NEM base just before catapult launch
2- the funds get given to the NEM foundation for a good purpose
3- who ever controls the silver coin funds keeps them (I.e exit scam, theft), creating a really bad look for the ecosystem

Option 1 & 2 are ok, option 3 looks more likely IMO, which is a problem

Thanks!

Option 1 seems the best. Could be done in a couple of days. If the NEM Foundation is willing to do....

satb

member

Activity: 202

Merit: 30

forum.nem.io

NEM Announces Public Testnet Launch, Introduces New Product: "SYMBOL From NEM," A Next-Gen Full-Feature Blockchain Engine

https://www.businesswire.com/news/home/20200110005074/en/

BloodyRookie

hero member

Activity: 687

Merit: 500

Quote from: ?? on ??

NEM is most likely a MySQL database somewhere like OneCoin.

It is using an H2 database that is located in the nem/nis/data folder.

boomboom

hero member

Activity: 1068

Merit: 523

Quote from: gentlemand on January 10, 2020, 06:26:35 PM

I cannae believe the silver fund thing is still being discussed. There are rather more important things to be focusing on such as whether this project and its descendant has a future other than oblivion.

My own take on the silver thing is I never handed over any money for it or felt any ownership of it, I just got 70-75,000 less XEM and stakeholders paid chump change for what they did receive.

I seem to recall saying it was a fucking stupid idea at the time and my opinion has not wavered. It's been pathetically handled but it'll soon be five years ago and since then literally nothing has been done about it so it clearly never will by this point. They'll intend for the idea of it to fade away. I won't particularly care for one.

I see on Telegram yesterday that Laura from the NEM foundation says they don't control the Silver fund. Let us focus on the funds, not so much the silver coin idea itself, but the millions of XEM in the silver coin fund.

Which option is best for the future of Catapult?
1- the funds get distributed to the original stakeholders, energizing the NEM base just before catapult launch
2- the funds get given to the NEM foundation for a good purpose
3- who ever controls the silver coin funds keeps them (I.e exit scam, theft), creating a really bad look for the ecosystem

Option 1 & 2 are ok, option 3 looks more likely IMO, which is a problem

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Fair enough but it's rather telling that the prime focus is on dead five year old free money versus whether any of this money will be worth anything in future.

nutildah

legendary

Activity: 3010

Merit: 8114

I should check in on this thread more often. Seeing as how I'm reminded of its presence every time I log in for the last 5 and a half years.

Quote from: gentlemand on January 10, 2020, 06:26:35 PM

I cannae believe the silver fund thing is still being discussed. There are rather more important things to be focusing on such as whether this project and its descendant has a future other than oblivion.

My own take on the silver thing is I never handed over any money for it or felt any ownership of it, I just got 70-75,000 less XEM and stakeholders paid chump change for what they did receive.

I seem to recall saying it was a fucking stupid idea at the time and my opinion has not wavered. It's been pathetically handled but it'll soon be five years ago and since then literally nothing has been done about it so it clearly never will by this point. They'll intend for the idea of it to fade away. I won't particularly care for one.

Speak for yourself! I could care less about receiving an actual silver coin but a share of the fund would be nice.

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: DenisZabar on January 10, 2020, 05:20:57 PM

...

They already killing it slowly. Price is dropping and people dumping every day this coin

https://global.bittrex.com/Market/Index?MarketName=BTC-XEM

.. but someone is buying.

There is no clear dropping ( -5 % ... - 50% ), so can not say that there is dumping.

nzminer

legendary

Activity: 1918

Merit: 1001

https://finance.yahoo.com/news/nem-announces-public-testnet-launch-120000697.html

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

I cannae believe the silver fund thing is still being discussed. There are rather more important things to be focusing on such as whether this project and its descendant has a future other than oblivion.

My own take on the silver thing is I never handed over any money for it or felt any ownership of it, I just got 70-75,000 less XEM and stakeholders paid chump change for what they did receive.

I seem to recall saying it was a fucking stupid idea at the time and my opinion has not wavered. It's been pathetically handled but it'll soon be five years ago and since then literally nothing has been done about it so it clearly never will by this point. They'll intend for the idea of it to fade away. I won't particularly care for one.

lemonandfriesonetwo

member

Activity: 653

Merit: 11

The new NEM chain (CATAPULT or SYM or whatever that XRP wannabe is) will be completely centralized and private.

Give back the silver coin fund to the angel investors!

The fake NEM Foundation is robbing everyone from their NEM! Angry

DenisZabar

sr. member

Activity: 614

Merit: 254

Quote from: fragout on January 09, 2020, 07:22:19 PM

Quote from: gramufibus on January 09, 2020, 01:41:57 PM

Quote from: satb on December 10, 2019, 05:34:00 AM

From the final development contract notice dated March 31st 2015 (https://drive.google.com/file/d/0B_0Z9jDGHPxPbndmbm96eW1XaEk/view)

2.1.2 Silver Coins for Distribution to Initial Stakeholders

Based on community consensus, physical silver coins will be minted and distributed
to initial NEM stakeholders .

The silver coins shall be distributed as an asset (colored coin), effectively giving all
initial stakeholders a parallel, silver-backed digital currency that shall reside on the
NEM blockchain. To claim one physical silver coin, one whole silver coin asset is
needed.
Note: The execution of the silver coin project is not guaranteed and will only proceed
providing that XEM market cap and liquidity are sufficient to cover the expenses with
the allocated stakes. If this condition is met, all initial stakeholders will be issued
their silver coin asset. If the allocated stakes do not reach a high enough value to
fund the project (to pay the mint and cover all costs [shipping costs etc.]) until V1 is
released, the complete fund will be transferred to the community fund. "A high
enough value" can not be exactly fixed at this time, but to get a feeling: it is
estimated that the fund should reach at least USD 260,000 to be successful.

There are 211,885,446.63 XEM in the Silver Coins for Distribution to Stakeholders - - Dev-Fund

Even at today's price that is worth approx $7.5M (more than the $260K noted above).

If this was distributed to the original stake holders, they would get a few thousand dollars worth of coins each.

I hadn't read this, or perhaps I just forgot. Honestly a physical silver coin shipped to remaining original stakeholders with access to their accounts is logistically messy. As much as it would be great to just split up the xem and send send it to original stake accounts, it seems like adding the silver fund to the community fund is inevitable.

I agree the actual silvercoin thing is not a runner anymore but the fund should then be given back to the original stakeholders as it was taken from their original allocation in the first place.
What I suspect will happen though is noting and the fund will rot in the old Nem chain. The new catapult chain will have no such allocations. So they will grab all the dev funds, silvercoin funds, unclaimed stake funds and every other coin that is not claimed on the new chain.
The big flaw in their logic though is they will probably end up killing the whole Nem project and all these millions of coins will be worth zip.

They already killing it slowly. Price is dropping and people dumping every day this coin

https://global.bittrex.com/Market/Index?MarketName=BTC-XEM

jelin1984

legendary

Activity: 2408

Merit: 1004

http://explorer.nemtech.network/blocks

run super smooth Kiss

satb

member

Activity: 202

Merit: 30

forum.nem.io

Public testnet and Symbol (Catapult) Launch

https://forum.nem.io/t/public-testnet-and-symbol-launch/24154

schnötzel

legendary

Activity: 1316

Merit: 1041

Bitcoin is a bit**

Maybe "LauraBKK", but unfortunately she ´s "Mrs incapable".

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 50. (Read 2984910 times)