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

[DenisZabar]

With such strong fundamentals and potential....... I cant believe Xem is this cheap....!!!!!

Just buy while is cheap. Last night i bought 1 BTC @70 sats and now is 74 . 20 BTC 24h volume on poloniex!!!

[mladen00]

XEM AUCTION!!!!!!!!!!!!!!

more info on NEM forum

[tolikkk]

coooolllll!!!!!

[tyz]

3. Create a strong investors group, able to buy dumpers stakes! I would to joun with 10-20 BTC too!

Why don't you simply use the 10-20 BTC to create a strong buy wall so that the price stables? IMHO, this makes more sense.

[mickyd]

3. Create a strong investors group, able to buy dumpers stakes! I would to joun with 10-20 BTC too!

Why don't you simply use the 10-20 BTC to create a strong buy wall so that the price stables? IMHO, this makes more sense.

or use the lot to bid in the auction, the proceeds of which will be used to pay for the mobile app which has been in development for a long time. that would be a muuuuuch better way to use the BTC.

someone can share this information in german?

[jubalix]

I did not become my Stake!

And no one can answer me this.
i had written koodycoin via PM!

Which person can help me?!?!?!

I did not become my Stake!

meme is born

[BloodyRookie]

someone can share this information in german?

German version: https://forum.ournem.com/german-%28deutsch%29/wichtige-nachricht-xem-auktion/msg16394/#msg16394

[CryptoCurrencyInc.com]

Hi to all. Just discover this coin and its looks interesting. Can somebody explain why are the price is so low on poloniex and whats
happening behind this hype. Its hard to read 889 pages  

70 Satoshi for 1 XEM.  Wow such deal.   NXT is 4000 Satoshi for 1 NXT.   I can buy 57x more XEM than NXT.   Bitshares is 212 Satoshi.   I can buy 3x-4x more XEM than BTS.

 XEM is cheapest Bitcoin 2.0+ Platform and thus most profit for investors.  This is guaranteed winner.

Soon it is 1000s Satoshi or more.   $100 make $5000 soon, wow.  

I see that there are a lot of smart people putting their XEM coins for sale on Poloniex at more than 0.00004000 satoshi each.

[greentea]

Another brief article on NEM, although the alignment is somewhat off:

http://insidebitcoins.com/news/new-economy-movement-focuses-on-equal-opportunities/31703

[klintay]

we need to be listed on this:

"Genesis Trading, a wholly owned subsidiary of Digital Currency Group (DCG), allows investors to buy and sell large blocks of digital currencies, including bitcoin, litecoin and ripple, and follows strict AML/KYC procedures, according to O'Connor."

http://cointelegraph.com/news/113988/first-licensed-digital-currency-broker-dealer-genesis-trading-launches-in-the-us

[BloodyRookie]

@klintay: i guess they only list coins which have a big volume on other exchanges already.

[CryptoCurrencyInc.com]

we need to be listed on this:

"Genesis Trading, a wholly owned subsidiary of Digital Currency Group (DCG), allows investors to buy and sell large blocks of digital currencies, including bitcoin, litecoin and ripple, and follows strict AML/KYC procedures, according to O'Connor."

http://cointelegraph.com/news/113988/first-licensed-digital-currency-broker-dealer-genesis-trading-launches-in-the-us

Thanks for posting the link to that article, if you can convince large institutional buyers to purchase XEM coins then you should be able to see the price of XEM trading up above the 6000 satoshi range. Right now, it cost about $1.4 million to purchase all XEM coins from previous stakeholders at around 70 satoshi per each XEM coin.

[mickyd]

german article about NEM   http://www.btc-echo.de/krypto-plattform-der-naechsten-generation-nem-offiziell-gestartet_2015041001/

[tyz]

Well, that would make a huge impact on the coin price. Look at the market cap of about 2 mln NEM currently have. This are peanuts for institutional investors, venture capitalists or even some rich nerds in the Silicon Valley. Just convince one of them and you will get a bigger impact on the price than being a part of such an investment program.

we need to be listed on this:

"Genesis Trading, a wholly owned subsidiary of Digital Currency Group (DCG), allows investors to buy and sell large blocks of digital currencies, including bitcoin, litecoin and ripple, and follows strict AML/KYC procedures, according to O'Connor."

http://cointelegraph.com/news/113988/first-licensed-digital-currency-broker-dealer-genesis-trading-launches-in-the-us

Thanks for posting the link to that article, if you can convince large institutional buyers to purchase XEM coins then you should be able to see the price of XEM trading up above the 6000 satoshi range. Right now, it cost about $1.4 million to purchase all XEM coins from previous stakeholders at around 70 satoshi per each XEM coin.

[lcharles123]

Question for discussion:

Should exchanges be allowed to harvest?

You can't stop anyone from harvesting. Each account makes it's own decision

From what i know from some poloniex mods, their contract prohibits harvesting

If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting

It's their call no one can stop them. Although I must say I wouldn't do that...

If they really do, I hope they're doing it on some separate node, not on the node they use for getting information.

So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees.

People hate banks for the profits they make off us but I guess it's ok for exchanges.

Well, this is a problem.
Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok?
it is possible attack the network with a significant amount of PoI?

[klintay]

@klintay: i guess they only list coins which have a big volume on other exchanges already.

Yeah true but it still worth a shot

[lcharles123]

Question for discussion:

Should exchanges be allowed to harvest?

You can't stop anyone from harvesting. Each account makes it's own decision

From what i know from some poloniex mods, their contract prohibits harvesting

If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting

It's their call no one can stop them. Although I must say I wouldn't do that...

If they really do, I hope they're doing it on some separate node, not on the node they use for getting information.

So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees.

People hate banks for the profits they make off us but I guess it's ok for exchanges.

Well, this is a problem.
Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok?
it is possible attack the network with a significant amount of PoI?

It's always a bad idea to leave your crypto's at exchanges for more time than you need to. People should know this. See my signature and you know what I mean.

Unfortunately this is a necessary evil. Is have no another marketplace better than Exchanges.
I lost that amount in Bter.

[greentea]

Some questions on the reddit thread of someone wants to answer?
http://www.reddit.com/r/OurNEM/comments/32yevb/max_number_of_harvesters_on_server_please_try/

Max number of harvesters on server, please try again later
What is the max number of harvesters allowed on NEM servers?
Also, this is a distributed blockchain platform, so I was surprised to see this message. Is NEM running on a few centrally controlled servers until post BETA where the development team will release the client software package to run on client and node PCs? Or will NEM core always be partly run on local servers?

[yshin365new]

Question for discussion:

Should exchanges be allowed to harvest?

You can't stop anyone from harvesting. Each account makes it's own decision

From what i know from some poloniex mods, their contract prohibits harvesting

If poloniex is NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D then they are harvesting

It's their call no one can stop them. Although I must say I wouldn't do that...

If they really do, I hope they're doing it on some separate node, not on the node they use for getting information.

So exchanges are like banks then? Charge a fee to buy & sell and use the parked XEM for a high POI score so they can harvest blocks for the txs fees.

People hate banks for the profits they make off us but I guess it's ok for exchanges.

Well, this is a problem.
Many people send to Poloniex and increase her PoI. Already at 10%, no way to avoid this, ok?
it is possible attack the network with a significant amount of PoI?

POI is not in percent but in permyriad.
Their POI is not 10.12 percent but 10.12 permyriad.
And 10.12 permyriad = 0.1012 percent.

[DenisZabar]

trying to start delegated harvesting but gettingthis error :

ERROR 700

The provided account does not satisfy the basic criteria for harvesting. Mainly it is related to the amount of XEM within the account. Harvesting starts with at least 1000 XEM.

I have 300000 XEM in my wallet.