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howi53
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June 20, 2016, 02:37:14 PM Last edit: June 20, 2016, 02:56:30 PM by howi53 |
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I'm a Nem stakeholder from the very beginning and pleased about the current Nem growth. I'm not really familiar with cryptos and how to deal with. Questions: Can someone provide a XEM-escrow service to avoid usage of exchanges? Or is it already available? (Exchange means: create an account, send XEM to buy bitcoins, send bitcoins to an exchange which sells bitcoins against Euro or USD, verify identity, then send money to my bank account) This is not user friendly (and discourages people). Or can I find private buyers/sellers (or a platform for sellers/buyers) inside the NEM community? Or any other idea, which simplifies the procedure? And btw - this is what I found about a special way of encryption. http://users.telenet.be/d.rijmenants/en/visualcrypto.htma.m. link is about visual cryptography. Might be this technology (two layers) could be used for encryption for low (secret) data quantities (like private key). Will probably make a test run (engraving polished silver bars) to test if and how it's suitable for silver coins.
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Life is like a chicken ladder - short and shitty
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fragout
Legendary
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Activity: 1280
Merit: 1020
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June 20, 2016, 02:44:18 PM |
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Is the blomberg news what rockethead was hinting at or is there more?
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frankenzipfel
Newbie
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Activity: 44
Merit: 0
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June 20, 2016, 02:58:40 PM |
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Is the blomberg news what rockethead was hinting at or is there more?
I think that more news will come...
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pekacoin
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June 20, 2016, 03:08:19 PM |
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The rocket went  new Bitcoin
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fragout
Legendary
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Activity: 1280
Merit: 1020
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June 20, 2016, 03:14:23 PM |
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Going to break 900 shortly me thinks
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hdn
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June 20, 2016, 04:34:09 PM |
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Going to break 900 shortly me thinks
any potential for 0.10 usd by the end of the year 2016?
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gentlemand
Legendary
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Activity: 2604
Merit: 3089
Welt Am Draht
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June 20, 2016, 04:37:21 PM |
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That's a huuuge ask I think. 1c might be achievable some time relatively soon. Let's see if it can reach that first.
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patmast3r
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June 20, 2016, 04:47:49 PM |
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I'm a Nem stakeholder from the very beginning and pleased about the current Nem growth. I'm not really familiar with cryptos and how to deal with. Questions: Can someone provide a XEM-escrow service to avoid usage of exchanges? Or is it already available? (Exchange means: create an account, send XEM to buy bitcoins, send bitcoins to an exchange which sells bitcoins against Euro or USD, verify identity, then send money to my bank account) This is not user friendly (and discourages people). Or can I find private buyers/sellers (or a platform for sellers/buyers) inside the NEM community? Or any other idea, which simplifies the procedure? And btw - this is what I found about a special way of encryption. http://users.telenet.be/d.rijmenants/en/visualcrypto.htma.m. link is about visual cryptography. Might be this technology (two layers) could be used for encryption for low (secret) data quantities (like private key). Will probably make a test run (engraving polished silver bars) to test if and how it's suitable for silver coins. Right now I don't know of any way to get from XEM to FIAT. Looking for a private buyer may not be the worst idea. Of course you need to find someone trustworthy.
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shaneomac003
Newbie
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Activity: 2
Merit: 0
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June 20, 2016, 05:37:29 PM |
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What happened to unclaimed NEM stakes? I Haven't looked at coins in a few years but remembered that I had at least 1 if not 2 tokens for claiming NEM Stakes but never claimed them i guess.
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jkoil
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June 20, 2016, 05:43:33 PM |
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So far since the launch nem has been consistently falling, both in overall ranking (which is fake anyway as most coins are not even released yet) and also volume. I will put my money that this trend will continue and next step would be this: 24 hour volume under $100. That's coming in next few months.
You will invest to "XEM short markets"? ... great forecasts year ago? 
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greentea
Legendary
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June 20, 2016, 06:14:30 PM Last edit: June 20, 2016, 06:27:22 PM by greentea |
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http://finance.yahoo.com/news/dragonfly-fintech-selected-implement-payment-100000628.htmlLet this sink in, talking about NEM's blockchain Tech: The solution will drive the entire remittance chain, from wholesale foreign exchange to the receipt of fiat money at the recipient's end. The remittance market in Malaysia is about $10 billion per annum
This remittance service is only one part of a spectrum of solutions Dragonfly is providing, which includes enabling a country to issue its own sovereign digital money," Wong said.So, what other remittance partnerships are coming our way  Congrats to Lon Wong! Time to fire up a supernode, no more procrastination!
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Tehfiend
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June 20, 2016, 06:16:49 PM |
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Right now I don't know of any way to get from XEM to FIAT. Looking for a private buyer may not be the worst idea. Of course you need to find someone trustworthy.
I believe the only fiat pairing with XEM is CNY (Chinese Yuan) via BTC38 but it's pretty trivial to convert to BTC which is very easy to cash out for fiat. Personally, I don't plan to sell any XEM for less than 1USD way down the road after it's changed the world 
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greentea
Legendary
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Activity: 1420
Merit: 1002
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June 20, 2016, 06:18:31 PM |
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Right now I don't know of any way to get from XEM to FIAT. Looking for a private buyer may not be the worst idea. Of course you need to find someone trustworthy.
I believe the only fiat pairing with XEM is CNY (Chinese Yuan) via BTC38 but it's pretty trivial to convert to BTC which is very easy to cash out for fiat. Personally, I don't plan to sell any XEM for less than 1USD way down the road after it's changed the world  whatever happened to CryptoApex?
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jelin1984
Legendary
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Activity: 2408
Merit: 1004
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June 20, 2016, 07:06:11 PM |
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laugh2btc
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June 20, 2016, 07:17:35 PM |
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It´s still a long way to go.
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goostatic74829
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June 20, 2016, 07:30:02 PM |
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It´s still a long way to go. Then an illegitimate dwarf son perhaps? 
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howi53
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June 20, 2016, 07:42:18 PM |
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Right now I don't know of any way to get from XEM to FIAT. Looking for a private buyer may not be the worst idea. Of course you need to find someone trustworthy.
I believe the only fiat pairing with XEM is CNY (Chinese Yuan) via BTC38 but it's pretty trivial to convert to BTC which is very easy to cash out for fiat. Personally, I don't plan to sell any XEM for less than 1USD way down the road after it's changed the world  Has anyone some experience how to cash out CNY via btc38 and transfer it to an European account?
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Life is like a chicken ladder - short and shitty
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gentlemand
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Activity: 2604
Merit: 3089
Welt Am Draht
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June 20, 2016, 07:47:17 PM |
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Unless you have some Chinese relatives I don't think that's possible. Otherwise people would be arbitaging Bitcoin like mad as the prices are often radically different in China.
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howi53
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June 20, 2016, 08:21:15 PM |
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Unless you have some Chinese relatives I don't think that's possible. Otherwise people would be arbitaging Bitcoin like mad as the prices are often radically different in China.
Interesting reply. My relations to some Chinese people are brilliant. But they're not familiar with cryptos and its trading (like me). Don't know how to create a benefit from these relationship.
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Life is like a chicken ladder - short and shitty
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gentlemand
Legendary
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Activity: 2604
Merit: 3089
Welt Am Draht
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June 20, 2016, 08:25:04 PM |
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If you truly trust them then send them your XEM, get them to sell on BTC38, withdraw to their bank accounts and then they can transfer to Europe? That sounds extraordinarily slow and convoluted when you can just convert to BTC on places with more volume and sell them.
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