Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 967. (Read 2985369 times)

it will be so possible to send any currency in the world to any country and to pay fee 1 xem. 1 xem = 0.00013 usd. these are 100 transfers at price to 0.013 usd. 1000 transactions will cost 0.13 usd. 10000 transactions will cost 1.3 usd. xem very favorable fuel for international money transfers

on nem will work banks. i on bank account have a sum of 1000 USD. i want to send 100 usd to my friend. i send it 100 usd and pay fee at a rate of 1 xem. thus more money transfers will be that on nem more everything fuel to send money transfers will be necessary. count cost of 1 xem and you will understand as it favourably when many banks work at blockchain nem and by means of them money transfers in any point of the world will become even cheaper. xem-fuel

I do not understand why you keep calling xem fuel? What does that even mean?

I know, no issues,  faucet will be down for the weekend, few things to change in the code.

Just want to let you know that there is probably an issue with the official NEM faucet. I get an error trying to request some NEM.
"An error occured, please, try again.". The faucet is still funded and I tried it yesterday and today without success.

those who compare xem fuel to doge, ltc, or btc understand nothing in new happening processes. xem-fuel. doge, ltc, btc-coins. than coin differs from fuel? coins is currencies which huge set and world in them doesn't need world. therefore we see such small volume of market where most part of coins market is occupied by btc coin. what is fuel? it not a coin, is technology fuel at which work hard services using fuel for work. without fuel any service won't be able to work. therefore future banks and other financial services placed on nem blockchain will need xem fuel to work.

whether perhaps simple coins, such as doge, ltc, btc grow up from coins and to become as xem fuel? answer isn't present. because they aren't blockchain 2.0, and in long term they aren't crypto 3.0 and not blockchain 3.0 which xem-fuel will be.

don't compare simple coins to fuel

DOGE's claim to fame is this, and only this:

https://www.dropbox.com/s/1ur3o01yag8bcmb/god.pdf?dl=0

A quick quote from that PDF:


This PDF was doing the rounds for a while a year or so ago, and is the only reason why most ALT's (That offer nothing new technology wise) are successful -- through manipulation.

Because the crypto markets are so small, and so few control large quantities of their wealth, these markets are far from "Free" but rather, a victim of greed. Manipulation is oftentimes the only reason why we see coins go from zero to something without warning or a logical explanation. And, as they're small markets, it's relatively easy to do without too much effort, especially if you've got the pockets to do so in the first place.

It's precisely this manipulation that creates a lack of trust in the crypto sphere because it causes the price volatility - keeping the REAL investors away and allowing crypto to be stuck in limbo.


Under the hood, DOGE offers nothing, it is another clone shitcoin and it's only reason why it's maintaining some semblance of value is because the bagholders are still keeping the momentum the whales created going. It's not in their interest to have what they hold hit zero, so they keep the ball rolling. The whales with their manipulation just had to give it the intitial push.

I suggest everyone reads that PDF before they start slandering NEM, because if you're a holder of a coin like DOGE, you're a tool.

firstly litecoin is far from simply a clone of bitcoin, on launch just minor twigs yes but its progressed somewhat since then, also when it comes to innovation here, we are talking currency not a trip to mars (dollars aren't too innovative, and they've been doing just fine).

currency is about trust, crypto might be cool and all in this backwater pseudo tech crowd, but to pretty much everyone else in the world, most coming out of this crowd has little trust.

litecoin atleast has a known dev, has the proven and sound innovation that are behind bitcoin, with way less negative baggage and no anon dev holding a billion dollar bag.

tbh any even (well almost) the shittest alt, could, if obtained decent adoptions levels become a usable currency, most these 2.0s have are a huge step backwards because of complete ignorance to KISS, which is what most the closet dwelling tech crowd are guilty of ignorance too.

hell even Bitcoin and Litecoin are way way way too complicated for average joe's.

but half the crypto crowd falls for the ol innovation to sell snake oil lines.

i live eat breath in the real markets of the world, as a full-time daytrader, never met yet another trader or any business associate who would touch bitcoin., let alone any of these 2.0 hacks.

i say litecoin is far from perfect in my eyes, its only slightly better, but then it suffers slighly less from what turns many off bitcoin.

future is a lot of beggars persons interested to receive 1 xem.
look at btc? a lot of beggars running from faucet to faucet in hope to receive treasured 1 btc.

you never thought of that 5 years later from this point people of beggar will also run from one faucet to other faucet in hope to receive treasured 1 xem.

why so occurs? because there is a lot of people. their resource is unlimited. these are billions in the world of people beggars standing with a cap in hand. now they collect on satoshi faucets, in hope to gather sometime 1 btc. then too most will be and with xem. it is just necessary to give time to a coin and to look as within next 5 years it will extend among these beggars collecting that from one faucet that from another different coins. i and itself such will also not hide it. and therefore thanks to such as we to beggars running from faucet to faucet as a result there will be that many will dream to receive 1 xem as they now dream to receive 1 btc collecting every day satoshi from different faucets. it is whole industry of beggars actually. they will also make that so all will dream, many of them to gather treasured 1 xem from different faucets.

You're joking right?  LTC has network affect as being the first BTC clone, that's it, nothing innovative about it.  NEM is far more innovative, but obviously not as popular.  As is ETH, NXT, Ripple, etc... The issue is that crypto by design will only succeed if everyone is spending, developing, mining on the same blockchain (much like the internet), regardless if that blockchain is the most "innovative".  My argument is that Alts (including LTC) will end up dead unless they are pegged or have some kind of symbiotic relationship with BTC's blockchain.

i see it completely different.

doge is a joke.

ltc is the best thing to come out of crypto todate (not that thats saying much). kinda a reason why tis number 1 alt.

nxt ......LOL i could tell u stories about that ..................................oh long stories

anyone who says btc and ltc are dinosaur hasn't really looked into the code.

funnily enough half the self titled 2.0s pretty much rehash crap we were talking about and long disregarded on p2p currency newsgroups long before bitcoin was launched.

just because somethings original code doesn't automatically make it better.

oh i do though agree with this point "majority of shitcoins die soon, we dont need them"....though every shitcoin claims all the others are shitcoins

It seems projects like this nobody cares:

http://www.coindesk.com/press-releases/infoteria-private-blockchain-startu/

Anyway, crypto trolls here won't care. They only rant and curse it because they see nothing in the movement of the price. It is ok. They can continue to do so. As I said, what is more important is the few of us are tirelessly working on it. Soon, people will realise more and more of NEM would hit mainstream. Fact is, mainstream won't care to speculate on the price of XEM.

And fact is, mijin is not the only initiative that is moving on. There will be others coming along as we progress. It is a multi-prong market approach by multiple parties.

I think things will settle down eventually.

It seems to be one big popularity contest at present.

Look how successful Doge is.

Will LTC die?
IDK, i think its crap, and little interest to me. But hey, speculators watch the charts and invest in it.

NXT is one of the best platforms out there.

It should be well up in the top 5, but everyone looks to BTC and LTC.

Both are dinosaurs and I would love to see how they can operate in the long term with mass adoption.

Marketing is probably key, but that can cost money. And the the whole community has this responsibility to help in whatever way they can - dont leave it up to a handful of devs and complain that nothing is being done.

NEM belongs to you, as much as anyone else.

This doesnt apply to just NEM, but anything that wants to take on BTC seriously.
We need to target newbies who dont really know much about bitcoin.

Anyway, i hope the majority of shitcoins die soon, we dont need them.

CMC could do with a major cleanup too. That would help somewhat.

I agree, I don't pretend to understand why certain coins experience success. Nxt is a good example. They have continued to release new features and have a rock solid Blockchain, but the price has been suppressed. I just think people don't have the stomach for multiple crypto projects other than Bitcoin. I consider the current Alt marketcaps and prices as normal, whereas two years ago they were highly inflated with speculation. Unfortunately people think those prices will one day return, when in reality they will never return and the Alt market will continue to be saturated with new projects as Bitcoin will inches higher and higher.

I can hazard a guess......his socks were found..........and they were very smelly.....lol.....
maybe he has a grudge....a chip on his shoulder ?

hes still calling NEM a coin instead of a platform.......shows how out of touch he is

This is going too far. Wrong accusations like this, without explaining why you think like this is not ok.
I know how much time and effort was spent on making sure everything is as fair as possible. I personally invested a LOT of time in this too, so I understand your post as a personal insult. If you do not explain in an objective manner why you write stuff like this, I'll think about blocking you in this thread.

Its not about a quick buck at all. Its about steady growth which is what any investor looks for crypto or stocks. Xem is a steady decline so yeah investors like me are pretty pissed about the lack of results from the dev team. There literally has been nothing launched all year.

Then there is a great function for you. It's called "Ignore"

Its not all about the price!

Its trolls that go on and on about the price that really annoy me!

What about the price of NXT, Blackcoin, monero, etc, alot of them are currently down!
Besides, people are holding onto their stash, no one wants to sell.

Low price is good for those that want to get in early!

Sick of all the speculators that want to make a quick buck overnight, if thats for you, go buy a lottery ticket. No such thing as get rich quick except for a small minority.

LOL. Both the price and volume have been miserable. The project was launched like 2 years ago. Plus vast majority of coins are still in control by developers or reserved as future funds I fully expect prices will drop below 10 sat in 2016 as more coins are released