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

[Nortan12rx]

that 26 btc wall on poloniex tho, somone still wants to buy a lot of coins, back to 450 tomorrow?

I will wait for it to reach 1000.
Every coin is getting dumped today and NEM is not the worst.

1000 sats still early.
open nem client latest version 0.6.74 and you will see that xem price 1000 sats still early.
actual price now is 70 - 150 sats. no more. open nem client.

[zoata87]

https://www.youtube.com/watch?v=PyBUFXDCplw

CEO of Infoteria talking about their cloud platform Asteria. Some important parts of the talk discuss the integration of Mijin. Mijin is a private ledger built on NEM technology. Infoteria provides software solutions to over 5000 medium to large size businesses.

[nembit86]

that 26 btc wall on poloniex tho, somone still wants to buy a lot of coins, back to 450 tomorrow?

I will wait for it to reach 1000.
Every coin is getting dumped today and NEM is not the worst.

1000 sats still early.
open nem client latest version 0.6.74 and you will see that xem price 1000 sats still early.
actual price now is 70 - 150 sats. no more. open nem client.

by all means open the NEM client....... I think its great !!!!!

if you open the NEM client.......it means you' re on your way ....baby !!!!!!  

you just need some XEM now

caught the train on time

[cryptonit]

i think u should never forget the power of zero inflation
this is why longterm price will have to go up with demand

limited supply for the win!

[jabo38]

i think u should never forget the power of zero inflation
this is why longterm price will have to go up with demand

limited supply for the win!

Bitcoin has a ton of miners that need to be paid daily to run the network.  We are talking hundreds of thousands of dollars of dump everyday. Which means that there also has to be that much plus some for the price to rise in Bitcoin.

If it came from fees, that would be fine but instead it comes from inflating the supply of Bitcoin's devauling the coins of others. 

NEM's cost to maintain the NEM network is so low. Many people can harvest with a Raspi and there home internet connection. That makes their sell pressure to maintain operational costs evaporate.

So it'll be interesting to see in a few years how NEM is doing. Not a lot of whales to dump, and not a lot of sell pressure from monkeys = a platform that has removed the restraints to grow.

[LemonAndFriesOne]

that 26 btc wall on poloniex tho, somone still wants to buy a lot of coins, back to 450 tomorrow?

I will wait for it to reach 1000.
Every coin is getting dumped today and NEM is not the worst.

1000 sats still early.
open nem client latest version 0.6.74 and you will see that xem price 1000 sats still early.
actual price now is 70 - 150 sats. no more. open nem client.

The market has spoken and that was the price a few weeks ago, should have taken advantage then.

Not too late though, you can still get some cheap.

[KimNg]

i think u should never forget the power of zero inflation
this is why longterm price will have to go up with demand

limited supply for the win!

This is fact. Our fixed supply has no inflation, only 8,999,999,999 XEM in existence.
Quantitative easing=bad, BTC mining=poor/questionable, XEM harvesting=good! 

[KimNg]

Almost $1M trading volume!

This is just the start. Across the crypto landscape (especially with platforms like NEM) there is so much room for expansion.
The market cap of all crypto currencies is minuscule ($8B with ~$100M daily volume).
The market cap of all stock markets is $70 trillion, even the tiny Bermuda Stock Exchange has a $1B value. 

http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/
http://money.visualcapitalist.com/all-of-the-worlds-stock-exchanges-by-size/

Fiat-XEM-BTC exchange (Crypto Apex), remittance payments (Dragonfly), blockchain-bank hybrid (Mijin), steady growth, relatively low beta coefficient,...
Considerable higher trading volumes and market cap for NEM is to be expected. The long term is of course astronomical.

[jelin1984]

Test of what ?

[iTradeChips]

hi guys is it still profitable to mine/harvest XEM?

[rigel]

hi guys is it still profitable to mine/harvest XEM?

If you have some XEM and manage to harvest at no cost, sure it is.

[iTradeChips]

i tried installing the client wallet nis-ncc-0.6.74 . After I open runNcc inside the package, the cmd says :

WARNING Time synchronization not possible, NIS not available. <org.nem.ncc.time.synchronization.NccTimeSyncronizer syncronizeTime>

could someone help me how to fix it? thanks..

[jabo38]

i tried installing the client wallet nis-ncc-0.6.74 . After I open runNcc inside the package, the cmd says :

WARNING Time synchronization not possible, NIS not available. <org.nem.ncc.time.synchronization.NccTimeSyncronizer syncronizeTime>

could someone help me how to fix it? thanks..

It seems like you NIS is not running.  That often times happens because people are using the installer with 32 bit java.  The installer only works on 64 bit systems and 64 bit java.  

If you are running the 32 bit, it is best to use the stand alone.  

Regardless of 32 or 64, it is important to have Java updated.

The stand alone might really help you out too.

http://blog.nem.io/windows-installation-guide-standalone/

And here are some more tutorials.  

http://blog.nem.io/nem-tutorial-list/

[iTradeChips]

[/quote]

It seems like you NIS is not running.  That often times happens because people are using the installer with 32 bit java.  The installer only works on 64 bit systems and 64 bit java.  

If you are running the 32 bit, it is best to use the stand alone.  

Regardless of 32 or 64, it is important to have Java updated.

The stand alone might really help you out too.

http://blog.nem.io/windows-installation-guide-standalone/

And here are some more tutorials.  

http://blog.nem.io/nem-tutorial-list/

[/quote]

thanks. i am on the community client now. i clicked 'start harvesting' but it says error 401. NIS : remote NIS cannot service ncc/api/wallet/account/unlock

what should i do? 

[iTradeChips]

im currently looking for some XEMs to be able to pay the fee to start delegated harvesting. anyone wanna trade? i could pat with BTC or DOGE. or if any strager will be kind enough to toss me some XEM here is my address : NDFQZI-42JHDP-R6RY7D-OLDJEN-YMBELA-6IYBUJ-CPVV. thanks so much

[nzminer]

im currently looking for some XEMs to be able to pay the fee to start delegated harvesting. anyone wanna trade? i could pat with BTC or DOGE. or if any strager will be kind enough to toss me some XEM here is my address : NDFQZI-42JHDP-R6RY7D-OLDJEN-YMBELA-6IYBUJ-CPVV. thanks so much

If you dont have enough XEM to spare on harvesting (only 6XEM needed) then how much XEM do you actually have?
I doubt you will have enough to make any real profits...

[bluedude]

im currently looking for some XEMs to be able to pay the fee to start delegated harvesting. anyone wanna trade? i could pat with BTC or DOGE. or if any strager will be kind enough to toss me some XEM here is my address : NDFQZI-42JHDP-R6RY7D-OLDJEN-YMBELA-6IYBUJ-CPVV. thanks so much

Its very cheap at poloniex now. Buy before it soars again.

[ibrahim11]

Who fooled the investors with the azure news which are not official?

They sey: buy on rumors, sell on news.

I guess this is what is happening.

I would not like to see NEM to go up in price because of rumours, that would not give a good image. I prefer something more solid. We dont need this kind of cheap arguement to make a coin successful

Nobody fooled anyone. We have a technical chat room where there were others who were watching the people involved in getting the system up for submission to MS. It was successfully submitted to the Azure platform. Obviously some people who were watching it closely got excited and went on a buying spree.

There was no rumour and no announcement made. Some people just went for it and the herd followed. Many were oblivious to the events that led to its rise and quickly blamed it as rumour.

Now that the cat is out of the bag, the fact remains that we have submitted to MS and awaiting for approval. That's as official as we can get. Anything else is speculation and entirely up to the market to interpret and want to play.

How long does approval take?

[bluedude]

How long does approval take?

Officially accepted coins can be found here
https://github.com/Azure/azure-quickstart-templates

[ibrahim11]

How long does approval take?

Officially accepted coins can be found here
https://github.com/Azure/azure-quickstart-templates

NEM/XEM is not there yet so when it appears then its official?