(XEM) NEM Speculation thread - page 5.

Hollowman338

legendary

Activity: 1246

Merit: 1000

Quote from: TaunSew on April 04, 2015, 05:15:37 PM

Coinsy isn't from the core development team or the marketing team - he's just one of the thousands of people who are NEM / XEM holders, including me, it is Our NEM.

At the moment the price of XEM is really pure speculation but that was no different from NEMstake from June 2014 to March 2015. . I think NEM's mobile client is coming out in a week or weeks (...months?) but, as awesome it could end up being, I don't think it by itself will send XEM into the stratosphere.. because there's already some alts with mobile clients and it's not really a huge wow factor.

In terms of speculation I'm only really seeing:

1. NEM has to avoid hacks / thefts and then it can promote itself as being the safest / most secured crypto currency (due to Cosigning, Eigentrust++, et al). Yes exchange theft can be prevented if they all implement cosigning with funds.

2. AltNemo / Ecosystem has to take off

3. User adoption (which will probably be the result of the above two, plus some marketing).

There's also always the scenario that the Chinese come in and pump (like they did with NXT, BTS, et cetera) but that will only send a coin to around $60-$100 million and what goes up must come down.. and it doesn't goess well for a coin's reputation if people get burned by extreme volatility..

Volatility is inevitable. You just have to fight through it. That's crypto.

TaunSew

hero member

Activity: 756

Merit: 506

Coinsy isn't from the core development team or the marketing team - he's just one of the thousands of people who are NEM / XEM holders, including me, it is Our NEM.

At the moment the price of XEM is really pure speculation but that was no different from NEMstake from June 2014 to March 2015. . I think NEM's mobile client is coming out in a week or weeks (...months?) but, as awesome it could end up being, I don't think it by itself will send XEM into the stratosphere.. because there's already some alts with mobile clients and it's not really a huge wow factor.

In terms of speculation I'm only really seeing:

1. NEM has to avoid hacks / thefts and then it can promote itself as being the safest / most secured crypto currency (due to Cosigning, Eigentrust++, et al). Yes exchange theft can be prevented if they all implement cosigning with funds.

2. AltNemo / Ecosystem has to take off

3. User adoption (which will probably be the result of the above two, plus some marketing).

There's also always the scenario that the Chinese come in and pump (like they did with NXT, BTS, et cetera) but that will only send a coin to around $60-$100 million and what goes up must come down.. and it doesn't goess well for a coin's reputation if people get burned by extreme volatility..

Coinsy

full member

Activity: 163

Merit: 100

Quote from: Zer0Sum on April 04, 2015, 03:21:07 PM

Quote from: Coinsy on April 02, 2015, 11:29:36 PM

Quote from: Zer0Sum on April 02, 2015, 09:22:56 PM

Meh, so you had a successful launch...
And your value is down about 10% from where it traded on NXT AE ($3,000,000 cap).

Not much you can do on NEM, is there...
And any plans for exchanges/markets are discussion stage ONLY.

https://forum.ournem.com/general-discussion/decentralized-market-based-on-nem-platform/

You're just fighting over the 50,000 hardcore crypto junkies...
NEM with its NIS, NCC, delegated harvesting, secret POI formula, etc = techie jargon...
And 64 bit desktop Java requirements NEM was not exactly designed by Apple for real people.

Personally, I want NEM to succeed because it directly helps NXT... maybe you pull a rabbit out of the hat.

But you will always be one year behind NXT and it's gonna be a long, hard slog under 100 sats...
Unless you guys can get existing Dark Net businesses to move to NEM (which NXT has failed to do).

If I recall correctly NXT was down towards the bottom of the barrel on Marketcap its first couple days after launch.

It's a very bad sign when you cannot answer with NEM's merits... but change the subject to ancient NXT history.

You were talking about marketcaps. You said NEM's marketcap wasn't very good after launch, and then you compared it to NXT. So I replied that NXT (which I'm not hating on at all) had a very small marketcap when it launched. I remember because everyone thought DGEX was shady and was avoiding it, and suddenly NXT skyrocketed to almost $.08-.10. My point being, give NEM some time to breath before you write it off.

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: Coinsy on April 02, 2015, 11:29:36 PM

Quote from: Zer0Sum on April 02, 2015, 09:22:56 PM

Meh, so you had a successful launch...
And your value is down about 10% from where it traded on NXT AE ($3,000,000 cap).

Not much you can do on NEM, is there...
And any plans for exchanges/markets are discussion stage ONLY.

https://forum.ournem.com/general-discussion/decentralized-market-based-on-nem-platform/

You're just fighting over the 50,000 hardcore crypto junkies...
NEM with its NIS, NCC, delegated harvesting, secret POI formula, etc = techie jargon...
And 64 bit desktop Java requirements NEM was not exactly designed by Apple for real people.

Personally, I want NEM to succeed because it directly helps NXT... maybe you pull a rabbit out of the hat.

But you will always be one year behind NXT and it's gonna be a long, hard slog under 100 sats...
Unless you guys can get existing Dark Net businesses to move to NEM (which NXT has failed to do).

If I recall correctly NXT was down towards the bottom of the barrel on Marketcap its first couple days after launch.

It's a very bad sign when you cannot answer with NEM's merits... but change the subject to ancient NXT history.

TotalPanda

legendary

Activity: 1946

Merit: 1012

vertex output parameter not completely initialized

Quote from: Hollowman338 on April 01, 2015, 04:45:28 PM

How about a NEMstake reward for the number of original stakeholders who never sell the smallest decimal exactly 1 year from now Cheesy

3x2

legendary

Activity: 1526

Merit: 1004

First week on exchange and in top 20 on cmc plus volume is pretty good too. NEM is doing great compare to other launches.

choochimil

sr. member

Activity: 266

Merit: 250

Remember only 1,600 ish stakes are issued the rest are tied up in development funds or something. So it is rarer than 9b right now.

noelmal

sr. member

Activity: 265

Merit: 250

Quote from: MrPortMan on April 01, 2015, 09:46:37 AM

We need Fiat!

Yes that's what collecting a NEM stake is 100% about Wink

DecentralizeEconomics

legendary

Activity: 1162

Merit: 1042

White Male Libertarian Bro

Quote from: Hollowman338 on April 03, 2015, 03:31:52 AM

Quote from: DecentralizeEconomics on April 03, 2015, 12:24:54 AM

This "coin" (if you can even call it that) is a ridiculous money grab by a bunch of liars, cheaters and thieves. I feel sorry for the people who buy into this joke. PoI is fundamentally flawed because there is no way to prevent network topology loops.

Were your sock puppets shitcanned? Cheesy

No. I'm not a liar like the rest of these cheaters and I only claimed ONE STAKE. I can guarantee you the only sockpuppets that were "canned" were ones that weren't controlled by UtopianFuture and the devs.

Hollowman338

legendary

Activity: 1246

Merit: 1000

Quote from: DecentralizeEconomics on April 03, 2015, 12:24:54 AM

This "coin" (if you can even call it that) is a ridiculous money grab by a bunch of liars, cheaters and thieves. I feel sorry for the people who buy into this joke. PoI is fundamentally flawed because there is no way to prevent network topology loops.

Were your sock puppets shitcanned? Cheesy

DecentralizeEconomics

legendary

Activity: 1162

Merit: 1042

White Male Libertarian Bro

This "coin" (if you can even call it that) is a ridiculous money grab by a bunch of liars, cheaters and thieves. I feel sorry for the people who buy into this joke. PoI is fundamentally flawed because there is no way to prevent network topology loops.

Coinsy

full member

Activity: 163

Merit: 100

Quote from: Zer0Sum on April 02, 2015, 09:22:56 PM

Meh, so you had a successful launch...
And your value is down about 10% from where it traded on NXT AE ($3,000,000 cap).

Not much you can do on NEM, is there...
And any plans for exchanges/markets are discussion stage ONLY.

https://forum.ournem.com/general-discussion/decentralized-market-based-on-nem-platform/

You're just fighting over the 50,000 hardcore crypto junkies...
NEM with its NIS, NCC, delegated harvesting, secret POI formula, etc = techie jargon...
And 64 bit desktop Java requirements NEM was not exactly designed by Apple for real people.

Personally, I want NEM to succeed because it directly helps NXT... maybe you pull a rabbit out of the hat.

But you will always be one year behind NXT and it's gonna be a long, hard slog under 100 sats...
Unless you guys can get existing Dark Net businesses to move to NEM (which NXT has failed to do).

If I recall correctly NXT was down towards the bottom of the barrel on Marketcap its first couple days after launch.

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Meh, so you had a successful launch...
And your value is down about 10% from where it traded on NXT AE ($3,000,000 cap).

Not much you can do on NEM, is there...
And any plans for exchanges/markets are discussion stage ONLY.

https://forum.ournem.com/general-discussion/decentralized-market-based-on-nem-platform/

You're just fighting over the 50,000 hardcore crypto junkies...
NEM with its NIS, NCC, delegated harvesting, secret POI formula, etc = techie jargon...
And 64 bit desktop Java requirements NEM was not exactly designed by Apple for real people.

Personally, I want NEM to succeed because it directly helps NXT... maybe you pull a rabbit out of the hat.

But you will always be one year behind NXT and it's gonna be a long, hard slog under 100 sats...
Unless you guys can get existing Dark Net businesses to move to NEM (which NXT has failed to do).

Hollowman338

legendary

Activity: 1246

Merit: 1000

How about a NEMstake reward for the number of original stakeholders who never sell the smallest decimal exactly 1 year from now Cheesy

kodtycoon

legendary

Activity: 1568

Merit: 1002

Quote from: Este Nuno on April 01, 2015, 02:55:58 PM

Quote from: kodtycoon on April 01, 2015, 11:14:08 AM

Quote from: Este Nuno on April 01, 2015, 11:12:33 AM

1 NEM stake = how much XEM?

2,250,000

Oh that's not too bad then. I was looking at Poloniex and I thought with a bit of a sell off one stake would be worth a lot less now but that's still a pretty decent chunk of money.

yeah its impressive that the market has bounced back so well from 2 big dumps.. just hit ~~300~~ 312btc volume too. investor interest is certainly strong. a lot of people will be delighted getting something of real value for a forum post and trivial payment for registration Cheesy

Este Nuno

legendary

Activity: 826

Merit: 1002

amarha

Quote from: kodtycoon on April 01, 2015, 11:14:08 AM

Quote from: Este Nuno on April 01, 2015, 11:12:33 AM

1 NEM stake = how much XEM?

2,250,000

Oh that's not too bad then. I was looking at Poloniex and I thought with a bit of a sell off one stake would be worth a lot less now but that's still a pretty decent chunk of money.

kodtycoon

legendary

Activity: 1568

Merit: 1002

Quote from: Este Nuno on April 01, 2015, 11:12:33 AM

1 NEM stake = how much XEM?

2,250,000

Este Nuno

legendary

Activity: 826

Merit: 1002

amarha

1 NEM stake = how much XEM?

EMIF

full member

Activity: 132

Merit: 100

I thought it will start @ ¨500 satoshis levels and decrease by time to 250 satoshis. I decreased to 80ish satoshi level.

But rather than selling Im a buyer below 100 satoshis and already bought 2 million. Even if you dont find this coin so cool , -I believe- there is not too much risk @ buyin this price band. And Im nearly certain about not more than 1 month we will 250 satoshis.

Not an investment advice. Make your own decision.

sdersdf3

sr. member

Activity: 280

Merit: 250

Quote from: patmast3r on April 01, 2015, 09:24:19 AM

Quote from: autodiv on April 01, 2015, 07:15:06 AM

There are 97 million available for sale on Poloniex already. Not exactly a rare coin now.

Of 8,999,999,999. I'd say that's pretty rare.

That's barely 1% for sale on the sell order book. The other 99% are holding.

And:
--Market cap is already in the top 20, just a few slots from Counterparty
--24 hour Volume/liquidity are already in top 10 (above Dogecoin, NXT, Shadowcash).
--Whitepaper on the POI innovation isn't even out yet
--News on direct fiat gateways are imminent (btc middlemen need not apply)
--it's only on one exchange, with more slated, including btc38 in China...
--biggest single post-launch 5-minute dump on the chart so far has been for only 16 BTC, and it's stabilising/rising now.

So far, NEM seems to be living up to its brand advertising: No one has a big chunk to megadump, making this coin megadump-resistant.

All that, and it's just Day 1.

Topic: (XEM) NEM Speculation thread - page 5. (Read 14585 times)