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

[gentlemand]

I think, there should be only one wallet, no nano, micro, or mega, that confuses all newbies, just a NEM wallet, just me and a wallet, and NEM, and the moon. And i would comprehent the distance from here to the moon.

Yes, I think some of the terminology is still a little too steeped in assuming that you know your way around the computing world. They should poll a bunch of truck drivers and see what they get and don't get. At present there's a lack of intuitiveness. It'll come in time.

[subodhmore123aqs]

Does 36-37 is still a good buy or i am late 

[Iwantalambo]

nem is increasing until 1$ at least...

So it's up to you if doing X20 your investment is good

[pfrtlpfmpf]

Does 36-37 is still a good buy or i am late 

Pff, you´re killing me, but i think it´s still a buy, but don´t forget to sell !

[gentlemand]

Does 36-37 is still a good buy or i am late 

Maybe consider buying a set amount per week over a set amount of time if you're interested in the long term? Nothing continues going straight up. It'll fall eventually. 

[Ylle]

Hi, I'm a newb to crypto and I'm trying to learn what all the different projects have to offer. I'm reading that Lisk, Ark and NEM are similar to ethereum in the sense that they offer a platform, but they all advocate to have better scalability and so on over ethereum. Could somebody explain to me what the main differences between Lisk/Ark and NEM are? And do you think the bridging of Ark can offer applications that NEM cannot support?

[Tehfiend]

Hi, I'm a newb to crypto and I'm trying to learn what all the different projects have to offer. I'm reading that Lisk, Ark and NEM are similar to ethereum in the sense that they offer a platform, but they all advocate to have better scalability and so on over ethereum. Could somebody explain to me what the main differences between Lisk/Ark and NEM are? And do you think the bridging of Ark can offer applications that NEM cannot support?

Dragonfly has already successfully tested "cross-chaining" between NEM and Mijin and claims the ability to do so with any blockchain (https://blog.nem.io/df-starts-crosschain/). I don't think Lisk or Ark have any technical advantage over NEM. From my research, NEM is still the most advanced platform out and once catapult is released, that advantage will continue to grow.

Another difference is NEM has ZERO inflation where both List and Ark are still creating new currency giving them 15% and 6% inflation currently.

[ElitistCA]

NEM project is getting better and better, literally every day a good news, looks like blue ocean strategy is working.

[gentlemand]

Another difference is NEM has ZERO inflation where both List and Ark are still creating new currency giving them 15% and 6% inflation currently.

That's a biggie IMO. It's not making itself felt while demand is still relatively low, but Bitcoin spews out around $2 million of new value every day that has to be absorbed somewhere. Imagine what it would do with all coins mined and the current increasing demand.

[shwin]

NEM project is getting better and better, literally every day a good news, looks like blue ocean strategy is working.

True and with a lots a open discussion/clarity/transparency each days

[Tehfiend]

Another difference is NEM has ZERO inflation where both List and Ark are still creating new currency giving them 15% and 6% inflation currently.

That's a biggie IMO. It's not making itself felt while demand is still relatively low, but Bitcoin spews out around $2 million of new value every day that has to be absorbed somewhere. Imagine what it would do with all coins mined and the current increasing demand.

Exactly. I was pondering converting my BTC holdings over to XEM a few months ago and obviously am now wishing I had.

[Ylle]

Hi, I'm a newb to crypto and I'm trying to learn what all the different projects have to offer. I'm reading that Lisk, Ark and NEM are similar to ethereum in the sense that they offer a platform, but they all advocate to have better scalability and so on over ethereum. Could somebody explain to me what the main differences between Lisk/Ark and NEM are? And do you think the bridging of Ark can offer applications that NEM cannot support?

Dragonfly has already successfully tested "cross-chaining" between NEM and Mijin and claims the ability to do so with any blockchain (https://blog.nem.io/df-starts-crosschain/). I don't think Lisk or Ark have any technical advantage over NEM. From my research, NEM is still the most advanced platform out and once catapult is released, that advantage will continue to grow.

Another difference is NEM has ZERO inflation where both List and Ark are still creating new currency giving them 15% and 6% inflation currently.

Thanks for your reply. What is catapult exactly going to add to the NEM ecosystem?

[gentlemand]

Exactly. I was pondering converting my BTC holdings over to XEM a few months ago and obviously am now wishing I had.

I seem to have inadvertently ended up with more value in XEM than BTC by doing nothing more than sitting on my flabby behind. If we get a juicy dip then I'll go more XEM. The current moon shot hasn't convinced me but I'm pretty stumped by every crypto market right now. 

[KimNg]

BTC dominance sinks to an all-time low, 62% and dropping.
https://coinmarketcap.com/charts/#btc-percentage

I prefer the inverse metric: BTC Impotence is at 38%.

Next stop for NEM is the three commas club.

[Tehfiend]

Hi, I'm a newb to crypto and I'm trying to learn what all the different projects have to offer. I'm reading that Lisk, Ark and NEM are similar to ethereum in the sense that they offer a platform, but they all advocate to have better scalability and so on over ethereum. Could somebody explain to me what the main differences between Lisk/Ark and NEM are? And do you think the bridging of Ark can offer applications that NEM cannot support?

Dragonfly has already successfully tested "cross-chaining" between NEM and Mijin and claims the ability to do so with any blockchain (https://blog.nem.io/df-starts-crosschain/). I don't think Lisk or Ark have any technical advantage over NEM. From my research, NEM is still the most advanced platform out and once catapult is released, that advantage will continue to grow.

Another difference is NEM has ZERO inflation where both List and Ark are still creating new currency giving them 15% and 6% inflation currently.

Thanks for your reply. What is catapult exactly going to add to the NEM ecosystem?

A lot could be said about catapult but the short version is that it's a complete rewrite of the NEM architecture in C++. The use of sockets instead of HTTP for TCP communication (and other optimizations possible with C++ over Java) will greatly increase performance and allow transactions per second in the 4 digit range. It's also designed with flexibility in mind and will support plugins to make blockchain app development incredibly easy and efficient. There will also be security and stability improvements on top of the increased efficiency and scalability. I could go on and on but google will find much more detailed information about the project than I have time to share.

[derekis126]

BTC dominance sinks to an all-time low, 62% and dropping.
https://coinmarketcap.com/charts/#btc-percentage

I prefer the inverse metric: BTC Impotence is at 38%.

Next stop for NEM is the three commas club.

You are right, bitcoin's dominance will drop to 30%, altcoins will be the new gems, XEM will be top 5 coin, everything is sweet.

[greentea]

Exactly. I was pondering converting my BTC holdings over to XEM a few months ago and obviously am now wishing I had.

I seem to have inadvertently ended up with more value in XEM than BTC by doing nothing more than sitting on my flabby behind. If we get a juicy dip then I'll go more XEM. The current moon shot hasn't convinced me but I'm pretty stumped by every crypto market right now. 

Jesse Livermore quote
"Men who can both be right and sit tight are uncommon."

More and more capital continues to pour into crypto. 
http://coinmarketcap.com/charts/

[drewid]

such volatility in the market today, it's been a rollercoaster day. High was $.055 and just shy of a 500 million market cap, then a big drop down to the $300 mil market cap twice.. before rebounding to $.049 and 440 mil market. Volume has been well above average with over $20 million for going on 2 days now. Wonder where we'll settle.

In another matter, anyone have any suggestions how I should go about doing this?
I haven't logged into nem on my pc in probably 8 or 9 months, and I know the install is way out of date. I moved to a new house and only have 3mbps dsl here, so trying to update the blockchain would be a big no go.
If I fire my wallet up will it prompt me to upgrade or will I have to do it manually beforehand?

what if I use the android wallet? Do I just need the account address and private key and I should be able to see my balance on my phone right?

I'm not sure how to proceed, any advice would be welcome..

as long as you have your private key. it doesn't matter what happens on the blockchain, and it wont matter when you log in. even 20 years from now. your address is ironclad

[visaco]

http://lmgtfy.com/?q=NEM+blockchain+BANK+OF+JAPAN

[visaco]

"we will list NEM in about 5-10 business days"
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