NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 715.

willowfoot

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Quote from: BigSirko on July 19, 2016, 08:58:19 PM

https://liang.katari.be/dQTB09eP

Interesting photo someone made on a Japanese blog. Details NEM activity around the world.

cant wait until enough fiat pairs are trading in XEM and we have a site like this!

http://fiatleak.com/

fiat to xem in real time

BigSirko

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https://liang.katari.be/dQTB09eP

Interesting photo someone made on a Japanese blog. Details NEM activity around the world.

raphma

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Merit: 250

Quote from: sammart57 on July 19, 2016, 01:04:57 PM

Well I guess it looks like it was a big artificial pump and now that the big boys made their money, they're on to other things.. meanwhile nem is steadily declining.
The price per unit isn't particularly concerning to me, but the volume and market cap are though, and they've both been shrinking at an alarming rate.

Hope a big announcement or something comes soon to keep interest and volume moving around this coin so it doesn't slip back down the charts into obscurity. I would think there will be another pump sooner or later, but it won't be as high as the last one if history holds true.. tough call in any event.

chill dude, it's time for other coins shine for a moment. What's good still good so calm down.
With eth hardfork, steem pump, vert launch and other things happening people are cashing out some XEM and thats normal.

nzminer

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Quote from: fob123 on July 19, 2016, 08:16:31 PM

Unlike most people here, i'm actually happy with the decline in price.
The initial pump was too extreme and the pullback is healthy.
This also gave me a chance to buy more xem.

Yes i agree, its made a correction, and gives people a chance to buy who want to invest

fob123

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Unlike most people here, i'm actually happy with the decline in price.
The initial pump was too extreme and the pullback is healthy.
This also gave me a chance to buy more xem.

LemonAndFriesOne

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Quote from: nzminer on July 19, 2016, 07:54:49 PM

Quote from: LemonAndFriesOne on July 19, 2016, 07:46:28 PM

Quote from: nzminer on July 19, 2016, 07:30:51 PM

Yes thats right, alot oftraders do loose money, i know this because whenever i trade, ive lost.

Im sure alot of dumpers will be killing themselves one day.
Best thing i can do right now is stop looking at the charts each day and forget about it for the next 5 years! Grin

Well think about it like this, when you borrowed to get your home did you have NEM as a potential income to pay your mortgage? If not, then don't count it as part of your everyday spending. Your calculations should be based on what you can afford at the time with your real life income, everything else that you earn is just icing on the cake.

Thats right, I agree.
At least i have a chance of paying it off sooner i guess.

If i panic sold all my XEM this morning, I potentially would have lost, as its already starting to make gains again.

Long term is the key.

Do what I do, when I see red on the charts I pick up on my hobby and forget about it for a week or so.

Also, seems everyone is trying to short STEEM. Wait until this whole thing with steem blows off and people make their profit. They'll be back for the real thing. Cool

nzminer

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Quote from: LemonAndFriesOne on July 19, 2016, 07:46:28 PM

Quote from: nzminer on July 19, 2016, 07:30:51 PM

Yes thats right, alot oftraders do loose money, i know this because whenever i trade, ive lost.

Im sure alot of dumpers will be killing themselves one day.
Best thing i can do right now is stop looking at the charts each day and forget about it for the next 5 years! Grin

Well think about it like this, when you borrowed to get your home did you have NEM as a potential income to pay your mortgage? If not, then don't count it as part of your everyday spending. Your calculations should be based on what you can afford at the time with your real life income, everything else that you earn is just icing on the cake.

Thats right, I agree.
At least i have a chance of paying it off sooner i guess.

If i panic sold all my XEM this morning, I potentially would have lost, as its already starting to make gains again.

Long term is the key.

LemonAndFriesOne

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Activity: 1050

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Quote from: nzminer on July 19, 2016, 07:30:51 PM

Yes thats right, alot oftraders do loose money, i know this because whenever i trade, ive lost.

Im sure alot of dumpers will be killing themselves one day.
Best thing i can do right now is stop looking at the charts each day and forget about it for the next 5 years! Grin

Well think about it like this, when you borrowed to get your home did you have NEM as a potential income to pay your mortgage? If not, then don't count it as part of your everyday spending. Your calculations should be based on what you can afford at the time with your real life income, everything else that you earn is just icing on the cake.

nzminer

legendary

Activity: 1918

Merit: 1001

Yes thats right, alot oftraders do loose money, i know this because whenever i trade, ive lost.

Im sure alot of dumpers will be killing themselves one day.
Best thing i can do right now is stop looking at the charts each day and forget about it for the next 5 years! Grin

greentea

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Quote from: nzminer on July 19, 2016, 05:11:04 PM

Once again im killing myself i never sold my stake when it was high and i could have bought back now.
However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything.

I would have probably bought back when it was still higher anyway so would not have gained much.

This project has some real long term goals and there is no reason we cant hit $1 billion marketcap.

We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more

What I've done is have a 'core' position that you dont touch for long term. Put it on a paper wallet, or if you have enough setup a supernode(s)
and leave it alone.

Then keep maybe ~10% or so on the exchanges to trade if you will. That way if price spikes and you get the itch, you can sell into it. But if price continues
to run away from you to reenter you haven't sold your 'core' position.

Just remember most traders lose money & hindsight is always 20/20

fragout

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Quote from: nzminer on July 19, 2016, 05:30:24 PM

Quote from: LemonAndFriesOne on July 19, 2016, 05:18:43 PM

Quote from: nzminer on July 19, 2016, 05:11:04 PM

Once again im killing myself i never sold my stake when it was high and i could have bought back now.
However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything.

I would have probably bought back when it was still higher anyway so would not have gained much.

This project has some real long term goals and there is no reason we cant hit $1 billion marketcap.

We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more

Remember last year what happened, this might be to shake out those who don't believe in the project.

Like the purge with the sock puppets, not everyone will make it.

Im telling myself to think long term, and ive made the mistake with other coins before of selling early and then loosing out because the price just jumped.

Very hard to do this when i have a mortgage, as its tempting to cash out any time its high, but im telling myself this will pay the whole loan off if im patient. Grin

I know what you mean. I always blow it too. I actually did sell some to hedge a bit at 1700 but have bought back today. It may go lower but I think this is as low as I was willing to risk. I would love to just turn off my computer for a few years and see where we are at then, but following the chart is part of daily life these days.

nzminer

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Quote from: LemonAndFriesOne on July 19, 2016, 05:18:43 PM

Quote from: nzminer on July 19, 2016, 05:11:04 PM

Once again im killing myself i never sold my stake when it was high and i could have bought back now.
However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything.

I would have probably bought back when it was still higher anyway so would not have gained much.

This project has some real long term goals and there is no reason we cant hit $1 billion marketcap.

We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more

Remember last year what happened, this might be to shake out those who don't believe in the project.

Like the purge with the sock puppets, not everyone will make it.

Im telling myself to think long term, and ive made the mistake with other coins before of selling early and then loosing out because the price just jumped.

Very hard to do this when i have a mortgage, as its tempting to cash out any time its high, but im telling myself this will pay the whole loan off if im patient. Grin

LemonAndFriesOne

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Quote from: nzminer on July 19, 2016, 05:11:04 PM

Once again im killing myself i never sold my stake when it was high and i could have bought back now.
However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything.

I would have probably bought back when it was still higher anyway so would not have gained much.

This project has some real long term goals and there is no reason we cant hit $1 billion marketcap.

We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more

Remember last year what happened, this might be to shake out those who don't believe in the project.

Like the purge with the sock puppets, not everyone will make it.

nzminer

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Activity: 1918

Merit: 1001

Quote from: BigSirko on July 19, 2016, 05:06:07 PM

Not interested in the daytrader's price - they don't operate on fundamentals of any sort ~ they're just there for a 2x-10x ROI. Next time NEM rallies, a lot of those daytraders will whine about missing out and will call it a "pump". I know because I saw it on the rise from $3 million XEM.

NEM has very strong fundamentals and they are improving.

If you had been following Google Trends and Alexa Ranking like I have, NEM is currently at the all-time high popularity, gaining in website popularity and soon it will be a top 10,000 website in Malaysia. I have seen the share of visitors for Japan go from 26% to 31% in the past weeks. Malaysia wasn't even in the top 5 but, thanks to the work of Rockethead and other NEMbers in Malaysia, Malaysia overtook Russia and Germany and now has the highest per capita traffic of NEMbers.

To me this indicative that NEM is gaining ground and has a bright future in Japan and South East Asia. If NEM continues to gain adoption in Asia like right now, the current price and capitalization today in a year's time will be viewed as a "give away" / "free" / "cheap"

http://www.alexa.com/siteinfo/nem.io

Yes i agree ! Cheesy

shinep

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Quote from: nzminer on July 19, 2016, 05:11:04 PM

Once again im killing myself i never sold my stake when it was high and i could have bought back now.
However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything.

I would have probably bought back when it was still higher anyway so would not have gained much.

This project has some real long term goals and there is no reason we cant hit $1 billion marketcap.

We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more

Steem is doing good for now. I think it will take some time for it to die.

nzminer

legendary

Activity: 1918

Merit: 1001

Once again im killing myself i never sold my stake when it was high and i could have bought back now.
However i did not want to take that risk if it continued to rise and it pretty much owes me nothing so i still have not lost anything.

I would have probably bought back when it was still higher anyway so would not have gained much.

This project has some real long term goals and there is no reason we cant hit $1 billion marketcap.

We should be worth more than steem as it is, i think once the hype dies off with steem, the markets will settle a bit more

BigSirko

full member

Activity: 201

Merit: 100

Not interested in the daytrader's price - they don't operate on fundamentals of any sort ~ they're just there for a 2x-10x ROI. Next time NEM rallies, a lot of those daytraders will whine about missing out and will call it a "pump". I know because I saw it on the rise from $3 million XEM.

NEM has very strong fundamentals and they are improving.

If you had been following Google Trends and Alexa Ranking like I have, NEM is currently at the all-time high popularity, gaining in website popularity and soon it will be a top 10,000 website in Malaysia. I have seen the share of visitors for Japan go from 26% to 31% in the past weeks. Malaysia wasn't even in the top 5 but, thanks to the work of Rockethead and other NEMbers in Malaysia, Malaysia overtook Russia and Germany and now has the highest per capita traffic of NEMbers.

To me this indicative that NEM is gaining ground and has a bright future in Japan and South East Asia. If NEM continues to gain adoption in Asia like right now, the current price and capitalization today in a year's time will be viewed as a "give away" / "free" / "cheap"

http://www.alexa.com/siteinfo/nem.io

gentlemand

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Welt Am Draht

Quote from: LemonAndFriesOne on July 19, 2016, 11:17:50 AM

how do you figure this happened?

most likely people just panicking, see a lot newbs and jr. accounts here Roll Eyes

Eth/dao taking a shit. They looked around the charts on Poloniex and settled on another three letters with a number attached to them for a bit. It was bleedin' obvious and I'm gobsmacked that anyone's surprised by this.

It's just short term noise. I'm interested in what the deal is five years down the line.

bluedude

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y²=x3+ax+b, a=0,b=7

A ninja release now will keep us back on track Grin

sammart57

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Well I guess it looks like it was a big artificial pump and now that the big boys made their money, they're on to other things.. meanwhile nem is steadily declining.
The price per unit isn't particularly concerning to me, but the volume and market cap are though, and they've both been shrinking at an alarming rate.

Hope a big announcement or something comes soon to keep interest and volume moving around this coin so it doesn't slip back down the charts into obscurity. I would think there will be another pump sooner or later, but it won't be as high as the last one if history holds true.. tough call in any event.

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 715. (Read 2985369 times)