Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 92. (Read 2985503 times)

That's not news. Should there be a global economic downturn, the central bank would be naked, as they are still printing a lot of money, even though they have begun to reduce them and raise interest rates like the Fed. But for a "boom" phase, the interest rates are way too low to have effective tools in a crash. Should a crash occur it will be worse than 2008 and 2009 and cryptocurrencies will experience a new boom.

It looks like dip @6cents (6.3 depending on exchange, described here in my last posts) was not significant. So i must cut my entry here by 80% (20% of that entry made here must stay if lower dip will not occur as i expect from market, or will be around 5 cents) and try to retake @4cents+ at least. In special circumctances another one level for accumulation will be for me between 1 and 3 cents (many depends on XEMBTC behaviour too) but this will be decided later by me. Bear market is not bad market for longterm accumulators, however it could take years to see bubble like in 2017, if i am wrong i will be happy to see next bubble sonner than later. It's not FUD from my side, only technical view about XEMUSD and XEMBTC price charts. This or next week can be turning area with some good upmove - temporary in nature (like from 6+ to 8+cents).

edit//

I suspect that significant dip could be formed somewhere in autumn 2019 (optimistic version from my side), after long period of accumulation by smart money. This dip (if will really occur somwhere in 2019 - autumn is of the highest probability but not 100%) should be retested in first quarter of 2020, together with significant dip made by whole marketcap and Bitcoin (March/April 2020). In this period of time 2019/20 we should also see dramatical moves in case of stocks indexes, with dip in January 2020 (highest probability for that date in my opinion). In 2020 global economy will be in top of the crisis. fast every significant dip in the markets was made on top of crisis or/and recession. This time it should look the same.

My only concern is that with the amount of funding (especially after the last rally) NEM has they would have thought of hiring at least 1 person to update all of NEMs social media. Lot of us with NEM come with different preferences to how we want to receive important NEM news. BTCtalk makes it convenient for me, but I do realize many devs have decided to ignore BTCtalk because they don't seem to be able to ignore/handle the trolls/questions/etc.

It's kind of hard to keep up with dozens of forums especially when some of us have multiple coin holdings.

But it's one opinion and others might not see it that way.

https://forum.nem.io/t/nem-crypto-puzzle-whitepaper-edition-by-chainzilla/21173

The NEM council election happened today and a new team is in place that should be committed to addressing the stuff that caused people to go batty. The future is looking rather more promising now than then.

I'll check on all these sources, thanks.

Well Said !

...and when it was found out that nelz was buying votes for people to vote for him as vice president, things really kicked off in that thread and on other threads.

Here are the 500 XEM fees buying votes around October 31st - 1st Nov:

http://explorer.nemchina.com/#/s_account?account=NAWKOISECI5NCAS2PGZMRPHLM3CY25WRBVIENKR2

nelz is leading in the official whitelisted VP poll, and should be disqualified due to buying votes.  Hence why they didn't want a POI vote.

There'll still be plenty to bitch about.

And ideally this election will bring forward some actual action for public catapult and that's going to create plenty of discussion.



Here's the thread that really lit the touchpaper - https://forum.nem.io/t/foundation-faq-core-dev-perspective/20363

And it enforces your point perfectly. There was plenty going unsaid that outsiders knew nothing about.

I completely understand you.
The discussion is totally fragmented  trough various platforms and that's not good.
The official NEM forum  went more live then ever only lately because of this elections.

I think that forum should have always been the main discussion channel for posting and discussing important stuff
as people can follow there even if not registered.

I hope the forum won't die again after this election ends. 

I don't use telegram, discord, or any other chat service.

The closest I use is slack but even that I hardly use.

There's not much discussion in btctalk anymore, so maybe I should get on another platform from what it looks like.

I don't think we will get a lot of info anyways unless were part of their inner circle.

Where have you been? If you opened the Telegram channels your computer would probably slap you.

Yes. A week is shit. The entire thing's been shit. I'll guess that that tiny a window was created to prevent as many of the 'wrong' votes as possible.

Hopefully a result will be scraped that'll enable some changes as lots of unappetising behaviour has emerged. If not then the foundation will have to be forked and what's left behind will need to have a fork stuck in it.

A week? That's weak coming from NEM.

Should have been left up for at least 1 month, not everyone is glued to their screen and bitcointalk, twitter, fb, etc.

If the cooperation with Ripple says anything about NEM, NEM is a about to go into uncharted territory with that centralized shill coin. Let's see how it plays out.

Anyway for those interested about this info check the following links:

list of candidates:
https://medium.com/nemofficial/nem-elections-voting-guide-fd8919371a82

official voting guide:
https://medium.com/@nemofficial/nem-foundation-egm-voting-guide-42c2b8bc0653

unofficial community poll guide:
https://medium.com/@granin/nem-foundation-community-unofficial-poi-vote-voting-guide-f28fecac4f46

It's too late for anyone to vote officially if they're not registered. They only opened entries for a week which is a fucking joke.

The unofficial PoI vote is inside the NEM wallet in the polls section, but like I said it's not the real vote though it might be taken into account by a few people with real votes.

Somebody should post the link to the poll or how to go about voting for those of us who don't know.

In principle, the majority of all coins are set to sell, which is quite normal for the market environment and nothing special for NEM. There is no point in believing such ratings. Just posting a screenshot like that doesn't help to have a good discussion.

You should've pointed out that this isn't too far off meaningless. There is one council member who has agreed to vote based on the PoI results, and no doubt other eligible voters may pay attention to it. That's as far as it goes.

Other than that it's an opinion poll, not a vote. Hopefully if there's some new blood PoI will be taken into account in future.

NEM Foundation made their own voting process, but NEM community - our own.


NEM Foundation != NEM community


if you have PoI - please vote. This really important election for NEM community

 COMMUNITY President Voting Poll
 COMMUNITY Vice President Voting Poll
 COMMUNITY Secretary Voting Poll
 COMMUNITY Treasurer Voting Poll
 COMMUNITY Council Voting Poll Part 1
 COMMUNITY Council Voting Poll Part 2

Intermediate PoI results:

Alexandra Tinsman  1.61%
Stephen Chia  0.08%
 
Misha Granin  1.18%
Nelson Valero  0.18%
 
Jason Lee              0.30%
Laura Takenaka  1.04%


Jeff McDonald                     0.5238%
Anton Bosenko                   0.3591%
Laura Takenaka                  0.2499%
Bartlomiej "Tony" Sanak    0.2499%
Ricardo "Trikar" Medrano  0.2355%
Mark Price                          0.2314%
Julian "Brain" Vettermann 0.2173%
Hiroki "Ninja" Koga            0.1875%
William Tan                        0.1533%
Jason Lee                           0.1122%
Manfred G von Nostitz       0.1119%
Klim Geran                         0.0981%
Pedro Gutierrez                 0.0885%
Hongbin "Thilon" Ma         0.0784%
Kimble Ngo                       0.0474%
Steve Li                             0.0339%
Mark Burbach                    0.0314%
Xiangyu "Kevin" Li             0.0187%
Josia Engelbrecht              0.0160%
Alvin Chua                         0.0104%
Emerson Fonseca              0.0082%