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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 976. (Read 2985369 times)

hero member
Activity: 980
Merit: 1001
this just in: The app costs around 20k and is almost entirely paid for already.
legendary
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
xem- fuel of world economy

LOL .. the word "fuel" is stolen from ethereum. Plus funny usage of "world economy" when you have no market share and no buyers

if at all the word "fuel" its stolen borrowed from fuelcoin
ethereum use the word "gas"


legendary
Activity: 1162
Merit: 1000
37k for a mobile app?  Shocked Huh Well definitely want to see some real updates before I invest any further in NEM, this sounds a bit scammy and disappointing. I've red the White Paper and it was so beautifull, consistent and eloquent, but these kind of actions make me seriously doubt the intentions of the devs. Do they want to create a legimite worldwide economic blockchain platform, or do they just want to grab the money and gtfo?

Any big updates coming for NEM? When and what are they about?

What are you talking about ? You realize those 37k are for a thirdparty that is developing the app right ? As in a company where people work that develop apps for a living ?

Get real people...Some things cost money and like i said...it's not that much by comparison.

Okay so what's the app all about actually?

It's a mobile wallet.
-You can send, receive XEM (duh!).
-You can use it as 2FA for your wallet. I.e. have a multi-sig account and have one signatory in the app. So you can issue a tx from PC and then confirm it on mobile.
-QR export and import
-kind of an invoice system (also via QR)
-contacts

prob a bunch of other stuff I'm missing right now and obviously way more features planned (including mosaics).

Let me speed the conversation along...

Quote
Very basic features, this shouldn't be taking so long.

Yes, it has taken way longer than it should have. Noone is happy about that.

No ETA on release but everyone can join slack/telegram and become a tester

I still think it's way too expensive, for comparison, the Gulden devs started a whole company for only 1k in Gulden, they have lots and lots of updates free of charge, they built apps which you can use to pay everywhere where bitcoin is already accepted for only about 0.5 k, Just a mobile app for 37k sorry that is ridiculous in my opinion, I will not invest any further in this thing untill the first big real value projects are being released and I advise all others to take the same attitude, to me it sounds like a very risky enterprise...

Looking at the premine list of gulden the app is mentioned like 10k times and also seems to have been community funded. Not exactly for free either is it ?

https://developer.gulden.com/premine/

Have you ever been involved in getting an app developed for professional usage by customers ? I have, multiple times in the company I work for and that price is relatively reasonable.

Of course it's a risky enterprise.

I live in one of the most expensive cities in the world and an app like this would be 5k maybe 7k tops. And it would definitely not take 9 months.
hero member
Activity: 980
Merit: 1001
37k for a mobile app?  Shocked Huh Well definitely want to see some real updates before I invest any further in NEM, this sounds a bit scammy and disappointing. I've red the White Paper and it was so beautifull, consistent and eloquent, but these kind of actions make me seriously doubt the intentions of the devs. Do they want to create a legimite worldwide economic blockchain platform, or do they just want to grab the money and gtfo?

Any big updates coming for NEM? When and what are they about?

What are you talking about ? You realize those 37k are for a thirdparty that is developing the app right ? As in a company where people work that develop apps for a living ?

Get real people...Some things cost money and like i said...it's not that much by comparison.

Okay so what's the app all about actually?

It's a mobile wallet.
-You can send, receive XEM (duh!).
-You can use it as 2FA for your wallet. I.e. have a multi-sig account and have one signatory in the app. So you can issue a tx from PC and then confirm it on mobile.
-QR export and import
-kind of an invoice system (also via QR)
-contacts

prob a bunch of other stuff I'm missing right now and obviously way more features planned (including mosaics).

Let me speed the conversation along...

Quote
Very basic features, this shouldn't be taking so long.

Yes, it has taken way longer than it should have. Noone is happy about that.

No ETA on release but everyone can join slack/telegram and become a tester

I still think it's way too expensive, for comparison, the Gulden devs started a whole company for only 1k in Gulden, they have lots and lots of updates free of charge, they built apps which you can use to pay everywhere where bitcoin is already accepted for only about 0.5 k, Just a mobile app for 37k sorry that is ridiculous in my opinion, I will not invest any further in this thing untill the first big real value projects are being released and I advise all others to take the same attitude, to me it sounds like a very risky enterprise...

Looking at the premine list of gulden the app is mentioned like 10k times and also seems to have been community funded. Not exactly for free either is it ?

https://developer.gulden.com/premine/

Have you ever been involved in getting an app developed for professional usage by customers ? I have, multiple times in the company I work for and that price is relatively reasonable.

Of course it's a risky enterprise.
sr. member
Activity: 404
Merit: 500
37k for a mobile app?  Shocked Huh Well definitely want to see some real updates before I invest any further in NEM, this sounds a bit scammy and disappointing. I've red the White Paper and it was so beautifull, consistent and eloquent, but these kind of actions make me seriously doubt the intentions of the devs. Do they want to create a legimite worldwide economic blockchain platform, or do they just want to grab the money and gtfo?

Any big updates coming for NEM? When and what are they about?

What are you talking about ? You realize those 37k are for a thirdparty that is developing the app right ? As in a company where people work that develop apps for a living ?

Get real people...Some things cost money and like i said...it's not that much by comparison.

Okay so what's the app all about actually?

It's a mobile wallet.
-You can send, receive XEM (duh!).
-You can use it as 2FA for your wallet. I.e. have a multi-sig account and have one signatory in the app. So you can issue a tx from PC and then confirm it on mobile.
-QR export and import
-kind of an invoice system (also via QR)
-contacts

prob a bunch of other stuff I'm missing right now and obviously way more features planned (including mosaics).

Let me speed the conversation along...

Quote
Very basic features, this shouldn't be taking so long.

Yes, it has taken way longer than it should have. Noone is happy about that.

No ETA on release but everyone can join slack/telegram and become a tester

I still think it's way too expensive
hero member
Activity: 980
Merit: 1001
37k for a mobile app?  Shocked Huh Well definitely want to see some real updates before I invest any further in NEM, this sounds a bit scammy and disappointing. I've red the White Paper and it was so beautifull, consistent and eloquent, but these kind of actions make me seriously doubt the intentions of the devs. Do they want to create a legimite worldwide economic blockchain platform, or do they just want to grab the money and gtfo?

Any big updates coming for NEM? When and what are they about?

What are you talking about ? You realize those 37k are for a thirdparty that is developing the app right ? As in a company where people work that develop apps for a living ?

Get real people...Some things cost money and like i said...it's not that much by comparison.

Okay so what's the app all about actually?

It's a mobile wallet.
-You can send, receive XEM (duh!).
-You can use it as 2FA for your wallet. I.e. have a multi-sig account and have one signatory in the app. So you can issue a tx from PC and then confirm it on mobile.
-QR export and import
-kind of an invoice system (also via QR)
-contacts

prob a bunch of other stuff I'm missing right now and obviously way more features planned (including mosaics).

Let me speed the conversation along...

Quote
Very basic features, this shouldn't be taking so long.

Yes, it has taken way longer than it should have. Noone is happy about that.

No ETA on release but everyone can join slack/telegram and become a tester
sr. member
Activity: 404
Merit: 500
37k for a mobile app?  Shocked Huh Well definitely want to see some real updates before I invest any further in NEM, this sounds a bit scammy and disappointing. I've red the White Paper and it was so beautifull, consistent and eloquent, but these kind of actions make me seriously doubt the intentions of the devs. Do they want to create a legimite worldwide economic blockchain platform, or do they just want to grab the money and gtfo?

Any big updates coming for NEM? When and what are they about?

What are you talking about ? You realize those 37k are for a thirdparty that is developing the app right ? As in a company where people work that develop apps for a living ?

Get real people...Some things cost money and like i said...it's not that much by comparison.

Okay so what's the app all about actually?
hero member
Activity: 588
Merit: 500
NEM ....best currency distribution ever ...!!!!!!!
if NEM is dead ,why do you guys keep trolling this thread ? my thoughts are that you know there are projects going on and you just want to encourage people to sell so you can pick up cheap XEM.....very clever guys...

DO NOT SELL your XEM ....... you WILL regret it if you do.........!!!!!!!

the headwinds are dying down......crypto and NEM will benefit in the not too distant future.....
hero member
Activity: 980
Merit: 1001
37k for a mobile app?  Shocked Huh Well definitely want to see some real updates before I invest any further in NEM, this sounds a bit scammy and disappointing. I've red the White Paper and it was so beautifull, consistent and eloquent, but these kind of actions make me seriously doubt the intentions of the devs. Do they want to create a legimite worldwide economic blockchain platform, or do they just want to grab the money and gtfo?

Any big updates coming for NEM? When and what are they about?

What are you talking about ? You realize those 37k are for a thirdparty that is developing the app right ? As in a company where people work that develop apps for a living ?

Get real people...Some things cost money and like i said...it's not that much by comparison.
legendary
Activity: 1418
Merit: 1002
ETH raised over 15 million, so it is somewhat expected to be hyped about.
Their command line interface is somewhat underwhelming, & they don't even have an official wallet yet, and state
you're download it at your own risk  Shocked
https://www.ethereum.org/ether 

And despite that they have very high volume. Imagine when they have official client and non-beta release. They probably will overtake BTC. Nem can only go down from here, not up.

Actually a great time to buy NEM, as the downside is limited Smiley

ETH still down about 70% from its high  Shocked
hero member
Activity: 644
Merit: 500
ETH raised over 15 million, so it is somewhat expected to be hyped about.
Their command line interface is somewhat underwhelming, & they don't even have an official wallet yet, and state
you're download it at your own risk  Shocked
https://www.ethereum.org/ether 

And despite that they have very high volume. Imagine when they have official client and non-beta release. They probably will overtake BTC. Nem can only go down from here, not up.
hero member
Activity: 644
Merit: 500
now maybe i'm behind in all the goings on here, but is there a decision and breakdown of said decision on what the remaining coins are earmarked for?

i did see something on the nem forum, but yeah seemed unrealistic figures for such small time things as android wallets etc, so i guessed it wasn't a set in stone breakdown? ie why be in such a hurry to get rid of coins on projects and thus massively devalue xem?

This is the blog you are looking for to get you up to date. http://blog.nem.io/update-sustainability-fund-final-redemption-numbers/

We spent a lot of time trying to be very careful and transparent as possible as we planned this. There are links for the accounts that go to the block explorer.  The main account that has been spent from is the mobile/NCC fund of which more than half is left, and we have almost finished paying for the apps so the good news is our budget worked out fine and will be able to continue to support development after the apps are released.

On that note. A new iOS version was released today. Testing is going well.  It is now more about working out the last bugs and getting the final tweaks in at this point. It's been a long 9 months. Much longer than we first thought.

yes i've seen the breakdown, very surprising, the amounts given for each venture  Shocked  in my thinking significantly devalues the currency (not that giving it away, and much of that being gamed already didn't).

and why the hurry? like a global supply of currency should at minimum be kept funding the projects for a decade +.....if the goal is a usable global currency, and i would have thought the reason why there is so many billions of XEM is for that purpose?

i mean 329,599,242.98 XEM simply for a mobile app  Huh

also is the funds in each category going into the various developers pockets? so therefore simply to be dumped on the market in order to receive remuneration?



Jesus that greatly devalues xem. Not to mention yes it will be dumped and absolutely destroy the price.


Didn't I say this will happen when  developers confiscated all the unclaimed funds instead of destroying them? It's just the beginning. Watch prices drop down further to under 10 sat  in the next 12 months.
hero member
Activity: 644
Merit: 500
xem- fuel of world economy

LOL .. the word "fuel" is stolen from ethereum. Plus funny usage of "world economy" when you have no market share and no buyers
full member
Activity: 177
Merit: 100
Nordway
xem- fuel of world economy
full member
Activity: 177
Merit: 100
Nordway
kelsey, why xem shouldn't position itself as one more global currency? yes because world doesn't need one more global currency! if to position xem as one more global currency that is war against dollar and banks. if you create one more global currency, automatically you join in competitive fight between all global currency. this way deadlock because all of us know who will win this competitive fight. it's American dollar as behind it there is a huge political power and military force. all same people consider cost of goods in dollars even when pay off by means of global cryptocurrency. therefore to us from dollar not to leave anywhere. we want that or we don't want, without our consent, price will be always attached to dollar. therefore as i consider, we don't need to position ourselves as one more next global currency and to enter competitive fight of global currency. we need to take place, the niche at which we wouldn't enter wars with banks in all new world economy and wouldn't oppose dollar because they will crush us if we try to compete with dollar that already now and occurs - price falls constantly down just because of that that xem chose a wrong and failure way to become one more global currency and to join in competitive fight against banks and dollar. at such deals there will be an eternal unacknowledgment and pressure up to elimination. we need other way. this way has to be not war, not competition, not opposition and cooperation, a compromise, and association. how it can be reached? xem has to become fuel for new world economy. we shouldn't come to banks that those added xem as payment, and they have to come to us to our crypto platform nem and be integrated completely to us. thus we don't enter war of global currency, and at same time xem becomes vital for a world financial system and fuel banks. without xem as fuel any dollar transaction in the world won't go. to send international money transfer from Germany to USA it is necessary to pay fee at a rate of 1 xem. you want that or you don't want, you will pay fee for transfer of global fiat currency at a rate of 1 xem for each transaction. here than i suggest to become xem. not global currency and xem fuel for new world economy. especially as block chain tech ranked as quantum jump recently. and xem as fuel but not as one more global currency will give to dollar this quantum jump when it is transferred through crypto platform nem to any point of the world with the minimum almost zero fees at a rate of 1 xem.
full member
Activity: 177
Merit: 100
Nordway
now maybe i'm behind in all the goings on here, but is there a decision and breakdown of said decision on what the remaining coins are earmarked for?

i did see something on the nem forum, but yeah seemed unrealistic figures for such small time things as android wallets etc, so i guessed it wasn't a set in stone breakdown? ie why be in such a hurry to get rid of coins on projects and thus massively devalue xem?

This is the blog you are looking for to get you up to date. http://blog.nem.io/update-sustainability-fund-final-redemption-numbers/

We spent a lot of time trying to be very careful and transparent as possible as we planned this. There are links for the accounts that go to the block explorer.  The main account that has been spent from is the mobile/NCC fund of which more than half is left, and we have almost finished paying for the apps so the good news is our budget worked out fine and will be able to continue to support development after the apps are released.

On that note. A new iOS version was released today. Testing is going well.  It is now more about working out the last bugs and getting the final tweaks in at this point. It's been a long 9 months. Much longer than we first thought.

yes i've seen the breakdown, very surprising, the amounts given for each venture  Shocked  in my thinking significantly devalues the currency (not that giving it away, and much of that being gamed already didn't).

and why the hurry? like a global supply of currency should at minimum be kept funding the projects for a decade +.....if the goal is a usable global currency, and i would have thought the reason why there is so many billions of XEM is for that purpose?

i mean 329,599,242.98 XEM simply for a mobile app  Huh

also is the funds in each category going into the various developers pockets? so therefore simply to be dumped on the market in order to receive remuneration?



xem it's fuel for new world economy.
you understand?

and in new world economy fuel it has to all cost not much and be available.

how you suspect why nem finansial systems are created and various fiat currency will be introduced in nem crypto platform? that xem was their fuel!

all this says that old financial system with dollar remains and xem doesn't fight against dollar and all fiat currencies. xem as fuel finds irreplaceable and important place among various fiat currencies.

in it xem role also consists in all new world economy. and today xem price will down to 20 sats, it can't but please whole world! because xem fuel for new world economy has to cost not much very much. cheaper costs in xem price, cheaper in price international money transfers in various fiat currencies which will be present on crypto platform nem will cost.

thanks for that price fell! i so am glad to it because i can buy more xem for my 5 usd and for international money transfers of low xem price it very well now. xem it's not global currency. xem it's fuel for global fiat currencies!
sr. member
Activity: 404
Merit: 500
37k for a mobile app?  Shocked Huh Well definitely want to see some real updates before I invest any further in NEM, this sounds a bit scammy and disappointing. I've red the White Paper and it was so beautifull, consistent and eloquent, but these kind of actions make me seriously doubt the intentions of the devs. Do they want to create a legimite worldwide economic blockchain platform, or do they just want to grab the money and gtfo?

Any big updates coming for NEM? When and what are they about?
legendary
Activity: 1876
Merit: 1000
now maybe i'm behind in all the goings on here, but is there a decision and breakdown of said decision on what the remaining coins are earmarked for?

i did see something on the nem forum, but yeah seemed unrealistic figures for such small time things as android wallets etc, so i guessed it wasn't a set in stone breakdown? ie why be in such a hurry to get rid of coins on projects and thus massively devalue xem?

This is the blog you are looking for to get you up to date. http://blog.nem.io/update-sustainability-fund-final-redemption-numbers/

We spent a lot of time trying to be very careful and transparent as possible as we planned this. There are links for the accounts that go to the block explorer.  The main account that has been spent from is the mobile/NCC fund of which more than half is left, and we have almost finished paying for the apps so the good news is our budget worked out fine and will be able to continue to support development after the apps are released.

On that note. A new iOS version was released today. Testing is going well.  It is now more about working out the last bugs and getting the final tweaks in at this point. It's been a long 9 months. Much longer than we first thought.

yes i've seen the breakdown, very surprising, the amounts given for each venture  Shocked  in my thinking significantly devalues the currency (not that giving it away, and much of that being gamed already didn't).

and why the hurry? like a global supply of currency should at minimum be kept funding the projects for a decade +.....if the goal is a usable global currency, and i would have thought the reason why there is so many billions of XEM is for that purpose?

i mean 329,599,242.98 XEM simply for a mobile app  Huh

also is the funds in each category going into the various developers pockets? so therefore simply to be dumped on the market in order to receive remuneration?



Jesus that greatly devalues xem. Not to mention yes it will be dumped and absolutely destroy the price.

Lets say they could sell it all at current price that would be $37000 for a mobile app? Absolutely rediculous. Xem is over this is the nail in the coffin.

Just shows that you have no idea how much something like that costs. I've seen WAY MORE expensive apps. It sounds a lot but it really isn't all that much. It should have been out months ago but that's about all the criticism one can have right now. The price is absolutely sensible.

Also the market situation is always being considered when XEM are sold. Noone is going to dump huge amounts to pay for somehing.


mines no troll it was a genuine response not based at all on any fiat price but based around the cost in terms of the entire supply of XEM, paying that much of the total supply of what is designed to be a global currency is a serious concern., and does undermine XEM potential as a global currency (just as any insta/premine for development does in normal pow coins)
legendary
Activity: 1918
Merit: 1001
NEM and NXT are some of the best "coins" or crypto platforms out there!


All the trolls love to give them a hard time, some of these trolls are clearly supporters of Eth or other coins,they see it as a big threat.

Just hit ignore!  Grin
legendary
Activity: 1418
Merit: 1002
Welcome back TROLLS! Grin Grin Grin

Have you even bothered to read the last few pages of this thread? This project is  D E A D
Then tell me why,when trolls are coming back to this tread,buy orders are growing,and sell orders are dropping down? Grin Grin Grin
And yes,I know what I answered to troll Grin

Move on to another coin.


oh the irony  Grin
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