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

[gentlemand]

I think I did harvest a block once but never received the XEM, or they're in limbo somewhere. The network is effectively unused at present so fees will be infinitesimal compared to future potential.

As for the market movements, it's hard to know what's going to happen now. Volume has arrived with a bang. It's exciting.

 

[DenisZabar]

guys...please help...i withdrew xem from polo and sent it to bittrex.
on polo it shows as copmplete. on trex it's not even pending.
it's 1 hour now since it shows as complete on polo.
is this still normal or should i be worried that the coins vanished?
serious answers please...

edit: I put in message and address correctly. double checked it.

Don't those exchanges tell you tx ids when you withdraw ? Why don't you just look that up and see what's going on ? http://chain.nem.ninja
I don't get why people come here for problems with exchanges instead of just asking the exchanges :/.

i looked it up. everything is ok with the transaction. but it's not showing up on trex. and trex support didn't answer yet.

Bittrex wallet maintenance, thats why you did not get xem deposit.

https://bittrex.com/Market/Index?MarketName=BTC-XEM

[Mondrakete]

guys...please help...i withdrew xem from polo and sent it to bittrex.
on polo it shows as copmplete. on trex it's not even pending.
it's 1 hour now since it shows as complete on polo.
is this still normal or should i be worried that the coins vanished?
serious answers please...

edit: I put in message and address correctly. double checked it.

Don't those exchanges tell you tx ids when you withdraw ? Why don't you just look that up and see what's going on ? http://chain.nem.ninja
I don't get why people come here for problems with exchanges instead of just asking the exchanges :/.

i looked it up. everything is ok with the transaction. but it's not showing up on trex. and trex support didn't answer yet.

Bittrex wallet maintenance, thats why you did not get xem deposit.

https://bittrex.com/Market/Index?MarketName=BTC-XEM

the wallet maintenace is happening due to my problem. i wrote to bittrex-richie in the trex slack. i was not the only one experiencing this problem.

[gadado]

i already asked polo. they said everything is fine on their side and they cannot help me any further.
still nothing showing up. it was my complete xem stash. of course i'm worried now that it all vanished.
it's been over 2 hours now.

Bittrex shows a "Wallet Maintenance" warning. But I don't know since when.
Maybe you shocked them sending so many valuable coins. 

[XbladeX]

By the way, I set up a NEM node two days ago. It is up and runs 24 hours a day. I have not found a block yet and hence no fees harvested.

What is your experience? How often do you find a block with what harvesting value?

From my experience from my supernodesnodes:

[jayquizzel]

...
When do you see this happening?

Adoptation takes years but once system is proved it will be used as succesfull.
In automotiv geting out of project and get product it takes 3 years there is a lot of biurocracy
on the way a ot of testing stuff like that.
But at stage of project insiders are buying... Don't expect that anyone will tell you
that he plan do such thing while he want get money of it.
Once product is proved and good xem hits 1$ per share more companies use more
worth is. Very good is that guys are activly making happen crypto-banking connection in
japan. Once system is popular using xem or other their blochchain will be easy and XEM will be great coraterral medium
between companies, i see that in such way but it can fail as well.

10-15% is not falling like a stone. It is a normal and probably healthy correction. I would be more afraid if the marketcap declines 30-50% in a couple of days.
....

For me will be classic then some news and XEM magicly is making 4000sat next  jump.
( look at NXT,XRP movest till they dev were doing stuff )

Good! Will do. I just jumped into Bitcoin less than 3 weeks ago. I'm a designer and I see it going far! I'm in for the long run... w/long run type positions. Very Very new and exciting to me. I'll be chatting off and on.

[XbladeX]

...
Good! Will do. I just jumped into Bitcoin less than 3 weeks ago. I'm a designer and I see it going far! I'm in for the long run... w/long run type positions. Very Very new and exciting to me. I'll be chatting off and on.

So as you new you have to know that investing on pump and xem is in pump phase is dangerous.
Look at that:
http://www.forbes.com/sites/reuvencohen/2013/11/27/the-top-30-crypto-currency-market-capitalizations-in-one-place/#287194451596
Where those coins now ? why people who believing in next BTC were wrong in thinking that one of those coins will be next big one,
you need research a bit. To be honest there is not many coins with devs delivering something NEM fresh.
Crypto like seasons if some coin is successful then you see spam of cheaper clones.
Outcome of clones is usually bad as you see but technology pioneers are getting hit too.
There is a lot of scams around so if something looks like scam smells like scam to good to be true ...
yea this is scam. So beware. Every coin on every thread is going to bypass BTC ...
every coin is going to moon. (1/10 is doing 20x rise but rest not, research why )

Most important rule is to not buy on pump, the higher coin is in market cap the higher chance that it will go down,
look at coin market cap and you will see that going down part is much longer than going up.

[CherryCoins]

Hey guys.. Im new to NEM, thinking about buying some, a big amount about 5-15 btc not decided how much yet.

im doing my research now, can the knowledgeable NEM users that are here for tech not the price let me know why NEM is a good altcoin compared to the 500 other altcoins out there.

i guess the community here know why the coin has been pumping,
like any pump just before halving im a bit suspicious!!

was there some genuine news that meant the coin would be effected directly which would mean demand for the coin would be up or is it just some pump group for halving trying to get more BTC.

would really appreciate the experience NEM users letting me know what they think ?

thank you   

[nzminer]

...
Good! Will do. I just jumped into Bitcoin less than 3 weeks ago. I'm a designer and I see it going far! I'm in for the long run... w/long run type positions. Very Very new and exciting to me. I'll be chatting off and on.

So as you new you have to know that investing on pump and xem is in pump phase is dangerous.
Look at that:
http://www.forbes.com/sites/reuvencohen/2013/11/27/the-top-30-crypto-currency-market-capitalizations-in-one-place/#287194451596
Where those coins now ? why people who believing in next BTC were wrong in thinking that one of those coins will be next big one,
you need research a bit. To be honest there is not many coins with devs delivering something NEM fresh.
Crypto like seasons if some coin is successful then you see spam of cheaper clones.
Outcome of clones is usually bad as you see but technology pioneers are getting hit too.
There is a lot of scams around so if something looks like scam smells like scam to good to be true ...
yea this is scam. So beware. Every coin on every thread is going to bypass BTC ...
every coin is going to moon. (1/10 is doing 20x rise but rest not, research why )

Most important rule is to not buy on pump, the higher coin is in market cap the higher chance that it will go down,
look at coin market cap and you will see that going down part is much longer than going up.

I agree, too many shitcoins out there, most will be gone in 12 months, too many BTC/LTC clones.
Only unique projects that bring something new to the table will succeed long term, XEM is one of them and IMO has the highest chance out of most alternatives to BTC.

We were in a pump phase, but i think if there was going to be a major dump we would have seen it already.
We were seriously undervalued and off the radar for a while it seems (except Japan perhaps) so we are sitting at a realistic value now.

I think that most of the pump likley came from Japan anyway on Poloniex, since so many were asking questions on the trollbox etc.

HODL long term and accumulate while you can when its cheap, just put a small amount aside each week as your funds allow.
In the future, you wont regret!

[nzminer]

Hey guys.. Im new to NEM, thinking about buying some, a big amount about 5-15 btc not decided how much yet.

im doing my research now, can the knowledgeable NEM users that are here for tech not the price let me know why NEM is a good altcoin compared to the 500 other altcoins out there.

i guess the community here know why the coin has been pumping,
like any pump just before halving im a bit suspicious!!

was there some genuine news that meant the coin would be effected directly which would mean demand for the coin would be up or is it just some pump group for halving trying to get more BTC.

would really appreciate the experience NEM users letting me know what they think ?

thank you   

For a start, NEM is not an "altcoin" in other words, its been developed from ground up with no BTC code, its unique unlike all the copycat BTC/LTC clones out there.

NEM has a very advanced blockchain designed for high transaction rates in future, the blockchain has already been independently tested by third parties and financial institutions are trailing this technology as we speak.

There is much more than this that i could go on several pages, but basically the results speak for themselves and we are not driven by any hype, the proof is in the pudding.

[CherryCoins]

Hey guys.. Im new to NEM, thinking about buying some, a big amount about 5-15 btc not decided how much yet.

im doing my research now, can the knowledgeable NEM users that are here for tech not the price let me know why NEM is a good altcoin compared to the 500 other altcoins out there.

i guess the community here know why the coin has been pumping,
like any pump just before halving im a bit suspicious!!

was there some genuine news that meant the coin would be effected directly which would mean demand for the coin would be up or is it just some pump group for halving trying to get more BTC.

would really appreciate the experience NEM users letting me know what they think ?

thank you  

For a start, NEM is not an "altcoin" in other words, its been developed from ground up with no BTC code, its unique unlike all the copycat BTC/LTC clones out there.

NEM has a very advanced blockchain designed for high transaction rates in future, the blockchain has already been independently tested by third parties and financial institutions are trailing this technology as we speak.

There is much more than this that i could go on several pages, but basically the results speak for themselves and we are not driven by any hype, the proof is in the pudding.

thanks for your response.
 every altcoin page you go to you will get the same sort of response, our coin/code is unique, not that im doubting you in anyway but that doesnt fill me with confidence.

the price has been veru steady for months, some sort of development or news must have cause the recent price action, im just trying to understand if its a good long term investment or the recent price action is due to some pump group.

i asked on tradingview bot nobody knew anything, is NEM numbers fixed or new coins mined daily like eth, i dont like investing in coins with the daily inflation, is nem growing daily or fixed.

only info i found online was the fact that 60-70 btc invested in ICO ? is that correct? if so that is very scary considering that would mean there is some huge bag holders out there with millions if not billions of coins that could dump?

[gentlemand]

All the coins were created at birth. There is no inflation.

As for sinister people holding millions, the process for weeding out initial stakeholders was extremely intensive, perhaps too intensive in the view of a few people, so the initial distribution is nothing like as bad as NXT was.

The distribution was spread between a couple of thousand or so people and there were opportunities to cash in before the coin even launched. It's been around for a good while so quite a few will have dumped and spread them.

No idea about the pump, but my guess it was ETH/DAO money looking for a new toy so it may not last. Having said that it's on a lot more radars now so perhaps they'll become enamoured of it.

[CherryCoins]

All the coins were created at birth. There is no inflation.

As for sinister people holding millions, the process for weeding out initial stakeholders was extremely intensive, perhaps too intensive in the view of a few people, so the initial distribution is nothing like as bad as NXT was.

The distribution was spread between a couple of thousand or so people and there were opportunities to cash in before the coin even launched. It's been around for a good while so quite a few will have dumped and spread them.

No idea about the pump, but my guess it was ETH/DAO money looking for a new toy so it may not last. Having said that it's on a lot more radars now so perhaps they'll become enamoured of it.

The volume was huge , still is on polo, was over 10kbtc at one point.

has there been no recent news, someone told me something about japan?

[Tehfiend]

Hey guys.. Im new to NEM, thinking about buying some, a big amount about 5-15 btc not decided how much yet.

im doing my research now, can the knowledgeable NEM users that are here for tech not the price let me know why NEM is a good altcoin compared to the 500 other altcoins out there.

i guess the community here know why the coin has been pumping,
like any pump just before halving im a bit suspicious!!

was there some genuine news that meant the coin would be effected directly which would mean demand for the coin would be up or is it just some pump group for halving trying to get more BTC.

would really appreciate the experience NEM users letting me know what they think ?

thank you   

My $0.02: https://asktom.cf/index.php?topic=654845.msg15373653#msg15373653

[gentlemand]

The volume was huge , still is on polo, was over 10kbtc at one point.

has there been no recent news, someone told me something about japan?

Yup. Volume is insane. It did hit over 1000 BTC on there a few times before but fell back very rapidly. That could happen again.

Asia in general is where most of the developments are happening. Private versions of NEM are being experimented with and a couple of deals have been signed to use them.

They're NEM based, but not on the NEM chain itself so it's a vote of confidence in the tech but not much else yet. Perhaps there'll be applications that cross over.

And I second the above. Those buying in after a ginormous pump are likely to end up feeling sad for a while at the very least. Only you can decide.

[randombit]

Just a Question, are there some considerations to low down the Xem for running a supernode, from 3 to maybe 1 million Xem?.

From my point of view, it would attract some more people to be a part of this history. For the average people its now to expensive to build a supernode (and even 1mio Xem is incredible high for so many people in the world) , the goal and intension of this project has always been to take so many people as possible to a bigger picture.

[luis77]

 
[/quote]

only info i found online was the fact that 60-70 btc invested in ICO ? is that correct? if so that is very scary considering that would mean there is some huge bag holders out there with millions if not billions of coins that could dump?


[/quote]

Can someone explain whats ICO and why is scary and bad?

[gentlemand]

Can someone explain whats ICO and why is scary and bad?

It stands for Initial Coin Offering. The developers ask for a pile of money upfront to 'fund' their setup. Sometimes they run off before the coin even gets going. Other times they know the coin's going to sell for a certain amount at its release and dump their own holdings before it collapses as everyone else dumps. It might also attract a small number of very large investors so it'll centralise the distribution.

Maybe the poster is thinking primarily of the NXT ICO which was cut short before a lot of people had the chance to get in. It was also one of the very first so there was a lot of scepticism. The end result was that all the coins were distributed to a tiny number of people, less than seventy some think.

NEM's equivalent was much lengthier and there was more scrutiny so it was spread further and wider. There might be more major holders now than when it was launched as it's been around a while now.

[LemonAndFriesOne]

I assume a lot of those here trying to say it's "no good" saw the first threads about NEM 2 years ago laughed and pushed it to the side.
They come back now spewing negativity because they can't believe what 2 years of constant developing can do to a coin like NEM. Same story all over btctalk, except NEM is walking the talking.

There is a lot of things going on behind the scenes with NEM, and there are big players in the financial world taking a good look at NEM. The rise in price was well deserved.

[jayquizzel]

...
Good! Will do. I just jumped into Bitcoin less than 3 weeks ago. I'm a designer and I see it going far! I'm in for the long run... w/long run type positions. Very Very new and exciting to me. I'll be chatting off and on.

So as you new you have to know that investing on pump and xem is in pump phase is dangerous.
Look at that:
http://www.forbes.com/sites/reuvencohen/2013/11/27/the-top-30-crypto-currency-market-capitalizations-in-one-place/#287194451596
Where those coins now ? why people who believing in next BTC were wrong in thinking that one of those coins will be next big one,
you need research a bit. To be honest there is not many coins with devs delivering something NEM fresh.
Crypto like seasons if some coin is successful then you see spam of cheaper clones.
Outcome of clones is usually bad as you see but technology pioneers are getting hit too.
There is a lot of scams around so if something looks like scam smells like scam to good to be true ...
yea this is scam. So beware. Every coin on every thread is going to bypass BTC ...
every coin is going to moon. (1/10 is doing 20x rise but rest not, research why )

Most important rule is to not buy on pump, the higher coin is in market cap the higher chance that it will go down,
look at coin market cap and you will see that going down part is much longer than going up.

Thanks! Is NEM still on a pump? I'll con't to read and research going forward.... and also trying to by NEM cheap... Ha...! Who wants to sell?