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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2988219 times)
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pfrtlpfmpf
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May 05, 2017, 06:04:45 PM
 #29381

This has to be the most negative crypto thread, while their coin is rising. ROFL.
Wheres the rockets and trains, guys. Ok, you´re just FUDing.
But look at the facts, guys and girls.
In case you haven´t noticed. We´re up, and not just a little !
Even LemonAndFries can speak english now, what more do we want ?
NEMergizer
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May 05, 2017, 06:13:31 PM
 #29382

Where is your rockets LemonAndFriesOne?
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May 05, 2017, 06:32:28 PM
 #29383

this coin like rocket Grin Grin Grin






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TaunSew
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May 05, 2017, 06:35:12 PM
 #29384

https://www.youtube.com/watch?v=VhSEwyFcJ08
Trolls of the Night won't you come out tonight... come out tonight... come out tonight!




There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
Grahnite
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May 05, 2017, 06:38:29 PM
 #29385

NEM is awesome!

I am just concerned about one thing: I will be developing a solution on NEM, that will obviously require XEM to pay for transactions. My worry is that XEM might get so expensive, that it will negatively affect my business plan/financial projections.

I would like to see some formal communication from the NEM team on the price adjustment strategy for XEM as the price rises. Paying an annual fee of 5000 XEM for a namespace is starting to become quite a little bit of money.

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TaunSew
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May 05, 2017, 06:41:18 PM
 #29386


There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
bamboylee
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May 05, 2017, 06:41:24 PM
 #29387

XEM has the least exchange site compared to other top 10 coins and has the crappiest marketing/no marketing at all.

Nem has one of the best marketing team ever.
Involved in promoting our technology in big companies and governments instead of posting crap on social media.

yes they have a good marketing for large business and government but what about the common people?
yes NEM is always active when it comes to implementing the technology on business and that is good but a massive adoption of people is very good too

I guess it is a good target clients. Almost all altcoins and bitcoins are already crowding on targeting common people. It is about time there is someone to focus on big business and governments.
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May 05, 2017, 06:43:59 PM
 #29388

XEM has the least exchange site compared to other top 10 coins and has the crappiest marketing/no marketing at all.

Nem has one of the best marketing team ever.
Involved in promoting our technology in big companies and governments instead of posting crap on social media.

yes they have a good marketing for large business and government but what about the common people?
yes NEM is always active when it comes to implementing the technology on business and that is good but a massive adoption of people is very good too

I guess it is a good target clients. Almost all altcoins and bitcoins are already crowding on targeting common people. It is about time there is someone to focus on big business and governments.

There's nothing common about targeting people on Bitcointalk, ROFL.  I'm sure if you ignore the dark net pedophiles, there's some lovely (albeit introverted, asocial and possibly sociopathic) people in the crypto community.

I can guarantee you no two random strangers on this planet have ever talked about Ethereum or Monero in person - otherwise they'ld realize how stupid those names sound.

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
BloodyRookie
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May 05, 2017, 06:58:25 PM
 #29389

NEM is awesome!

I am just concerned about one thing: I will be developing a solution on NEM, that will obviously require XEM to pay for transactions. My worry is that XEM might get so expensive, that it will negatively affect my business plan/financial projections.

I would like to see some formal communication from the NEM team on the price adjustment strategy for XEM as the price rises. Paying an annual fee of 5000 XEM for a namespace is starting to become quite a little bit of money.

I agree that the current fees are too high if the price stays where it is now. But it could also just be a spike and setle lower, who knows.
Thats why i would like to wait a bit more vs. updating fees every 2 months.

Nothing Else Matters
NEM: NALICE-LGU3IV-Y4DPJK-HYLSSV-YFFWYS-5QPLYE-ZDJJ
NXT: 11095639652683007953
pfrtlpfmpf
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May 05, 2017, 07:21:55 PM
Last edit: May 05, 2017, 08:07:45 PM by pfrtlpfmpf
 #29390


Is there an official NEM Market Maker bot active?  If yes, can someone please point me to any relevant posts/documentation?  If no, stop reading & post No!   Grin

Just brainstorming in regard to the best way of having the development funds absorbed by the Market when/if need for significant funding arises (is anything big coming up, btw?).  I don't really want to delve too deep if part of the current liquidity is provided by NEM itself.  Further crowdfunds at market rates (i.e. off the exchanges) are always an option, of course, but I'm curious to see what's feasible out in the wild.


Thanks in advance!   Smiley



The NEM team has no market making bot nor do we ever partake in controlling the market.

We do however have a sell bot that I recently bountied to help slowly and even sell funds from the marketing fund to fund our activities. There was a request to release a buy bot so one of those has also been made and is being privately tested. We will release it to the public this month. The blog has already been written but I've been too busy to post. On a trip now.

I presume its the marketing team that has placed small sell walls all the way up to where we are now. What exactly are the marketing team doing with these funds?

I "presume", theres no NEM funds used to place walls anywhere. Further, i presume, that community-funds are voted on where they are spent

 edit: found out about the bot, now thats a good thing.
Don´t mind me, just go NEM  Smiley

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May 05, 2017, 07:22:18 PM
 #29391

any plan to reduce the amount required to build a masternode ?

3 000 000 is just crazy and stupid now with this price.


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Dr Charles
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May 05, 2017, 07:41:18 PM
 #29392

Just joined the XEM train and will be setting up a node shortly. Look forward to joining the community. Smiley

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May 05, 2017, 08:15:04 PM
 #29393

NEM is awesome!

I am just concerned about one thing: I will be developing a solution on NEM, that will obviously require XEM to pay for transactions. My worry is that XEM might get so expensive, that it will negatively affect my business plan/financial projections.

I would like to see some formal communication from the NEM team on the price adjustment strategy for XEM as the price rises. Paying an annual fee of 5000 XEM for a namespace is starting to become quite a little bit of money.

I agree that the current fees are too high if the price stays where it is now. But it could also just be a spike and setle lower, who knows.
Thats why i would like to wait a bit more vs. updating fees every 2 months.

I would also like to know if there is some "oficial" fees adjustment strategy. Even if price settles at half of what it is now, fees are quite high.
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May 05, 2017, 08:29:53 PM
 #29394

any plan to reduce the amount required to build a masternode ?

3 000 000 is just crazy and stupid now with this price.



$200,000+ is a tad high for some i guess Wink . Question is though, if it is reduced, will Mr average supernode person dump. Probably some will but i suspect most will just multiply the number of Nodes they have depending on how much the balance requirement is.
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May 05, 2017, 08:40:22 PM
 #29395

How much XEM can I expect with 100 000 XEM in delegated harvesting ?!
I have the same question. Delegated harvesting with 16 000 XEM?
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May 05, 2017, 09:07:26 PM
Last edit: May 06, 2017, 12:01:11 AM by smbbm
 #29396

How much XEM can I expect with 100 000 XEM in delegated harvesting ?!
I have the same question. Delegated harvesting with 16 000 XEM?
It's not possible to determine amount NEM harvested in advance. And considering that you might gain "only" part of network fees indicates that harvesting gains will be  lower compared to mining of mine-able coins. Based on some numbers, people were harvesting around 0-100 XEM (w/ 10,000), resp. 0-1000 XEM (w/ 100,000) per month. However harvesting profit is not that important because NEM is better for storing value than any mine-able coin due to 0% inflation and so any harvested XEMs are only small extra bonus that costs you nothing. Of course more XEM you have, greater your importance in network is. 10,000 XEM is a minimum, 1,000,000 is somewhat high importance (I believe there is strict linear proportion) and with 3,000,000 you can establish supernode and earn really significant fee share plus some extra payments. But PoI is not PoS so there are other effects that influence your importance in NEM network. I hope this gave you some picture about the situation.
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May 05, 2017, 10:10:32 PM
 #29397

Is there a NEM exchange that has trailing stop orders?
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May 05, 2017, 10:18:10 PM
 #29398

Is there a NEM exchange that has trailing stop orders?

basic stop-limit on Polo but not aware of anywhere with trailing stops for XEM. Anyone else?

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May 05, 2017, 10:51:38 PM
 #29399

any plan to reduce the amount required to build a masternode ?

3 000 000 is just crazy and stupid now with this price.



the aim of supernode fund was to have a high performance backbone of 400-500 servers
and that is reached

u can expect that in future requirements to be qualified as a supernode might even more raise
not in coins but in server performance

this backbone will when mainstream opens have to handle all the nanowallets which basically use the supernode bankbone

 
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May 05, 2017, 11:18:15 PM
 #29400

Is there a NEM exchange that has trailing stop orders?

basic stop-limit on Polo but not aware of anywhere with trailing stops for XEM. Anyone else?

I am not aware of any either.

On the topic of trading I have a question.  50% of my holdings are in XEM and the other 50% are for trading with the idea that profits would buy more XEM.  I have never seen anything like today when BTC crashed and the alts seemed to follow.  I wanted to sell some other inferior coin that was getting pumped but as I was looking to sell I noticed that BTC was getting beaten up too.  (And probably worse than the alt I wanted to sell)  I held on and didn't sell but I am not sure if that was the best thing to do. 

Does anyone know a strategy to best survive in this scenario when BTC is crashing with the alt coins? 
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