Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 509. (Read 2985369 times)

ok thank you, i am on telegram now

Have you chosen the private key import?

I think it would be best to join nem helpdesks Telegram: https://t.me/nemhelpdesk

Sorry, there are 32 characters... i have tried the nano wallet, but it is asking me a file... I have no file, but only this alphanumeric code with 32 characters?


Edit: Awesome guys, now i have found the name, created passwordcode, address, public key, and private key

Edit again: but sorry, i am using the nano wallet now, but it is still asking to import wallet (on the voise "select wallet")? I have no file to import  

How many characters? Have you tried nano wallet? Please tell us a bit more...

Sorry, but the private key is a alphanumeric code or a file? I have the code only

I've made Nem xem parody you can watch it here
https://m.youtube.com/watch?v=q6KD-yWKUlY
Comment what do u think

Don't get me wrong I'm optimistic too BUT: this graph and data shows only the growth of valuation (marketcap), not the amount of new capital. We can only guess the amount of actual real new money coming in. Sure there must be new money involved but amount unknown. Could be 20% or could be 80% of the growth of marketcap.

Extreme example: If hodlers had all the crypto, no selling, it would take 1$ to lift the total marketcap to mars.

@cryptonit Thanks

The market cap metric used by marketcap.com is based on the circulating supply and doesn't include a factor for inflation or the coins held by the project developers, according to this article
https://blog.sia.tech/want-to-deflate-the-token-bubble-fix-the-market-cap-indicator-d50f7f1e1ec4

Although arguably flawed, marketcap.com's marketcap metric, as it currently stands, would nevertheless seem to accurately reflect the amount of money invested in cryptos.

https://coinmarketcap.com/charts/



and keep in mind this is only the value gain of all existing cryptocoins which are listed on CMC
not included is all the money that did flood into blockchain projects instead of coins

@sammart Interesting analysis - thanks for posting.

what's your source for the amount of new money invested in crypto over the last 6 months?

The main devs already were well-off financially before they started to code for NEM as they were already well-paid professional devs. They aren't hurting to dump to buy Lambos. 

As far as I know, they all still think it will be worth much more too in the future.   

 

wont happen while they coding they are like inside their own micro-cosmos
when they finished with catapult will be the first time when they realize what they have created

and then who know maybe the start to move more in a software architect role
create workpackages for additional hired coders
and enjoy a bit of their wealth

but i trust that they wont leave and for sure dont cash out

cash out xem would be silly

who is trading a value exploding thing against a constant value loss by inflation thing?

they always told they do not care about the price. and that´s the right thinking. And why should anyone cash out if it can still increase multiple times

i think one important thing is the REAL coin supply. Since many stakeholder lost their keys and a lot of coins are locked the real supply is much lower. so it is far more valuable

yeah i hope that does not happen 

If it really is the private key that you have, then it is enough. Just do what was advised above, get Nano wallet and then create a "private key wallet".

So a few thoughts & observations from watching coinmarketcap this week.
as I type this the total market cap is over $52 BILLION.
I remember a few months ago it was around 21 Billion total.. so a TON of new money has flooded into crypto in the last 6+ months
Bitcoin's Dominance is at an all time low, only 52%

Looking at the top 10-20 coins, it looks like there's a flood of people trying to get in on the "penny" coins trying to cash in on the next big thing. all the "major" coins, bitcoin, eth, dash etc. are all well over $50-100 apiece, too much for anyone to really try and gain some cash from speculating.
Nem, Ripple, Lumens etc have all had tremendous gains recently, and they're all the ones that were or are a few cents.

Even with Nem's meteoric rise in price, it's still only trading with a fraction of the volume of the other penny coins, $45 million vs. $300+ million for ripple and lumens.. I don't know if this is a good or a bad thing but it's worth noting.

Nem is now at $0.13 with a 1.2 billion marketcap. I think it's stuck in that self serving cycle right now. Price and interest is up, so more buy in/out, which increases popularity, which increases price, rinse and repeat.
Who knows where this rollercoaster ends but personally I don't see why we can't end up with a market cap like ripple somewhat soon. The amount of nem and how cheap they are make it seem like it's possible. 6-7 billion cap i think is in reach, barring a major slide in everything.

and lastly, This has all been done without catapult or any large earth shattering corporate partnership. (I'm aware that some companies are testing some aspects of nem out) but once something goes mainstream with one of these tech deals coupled with catapult's release, we could really be onto something if that happens.

thank you, but i have the private key only (it is a combination letters+numbers..?)
If this is not enough, in the moment of the launch, how it was distributed? I cannot remember, but maybe so i can enter to my wallet

thanks a lot

Get nano wallet, there you can import the private key.

Sign Up  >  private key wallet

yes i think i have the private key... but i dont have the wallet on my pc... how can i access my wallet with only the private key?`

I have also downloaded the mobile app, i tried to access with private key and a name (i dont know if it is the correct name??) but the error is: PRIVATE_KEY_ERROR_1