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cryptocurrency

how is your mood? 😃https://www.reddit.com/r/CryptoCurrency/comments/atkq1f/%D1%81ant_stop_laughing_d_but_this_is_true/

Here is the original post : Hello everybody.This is my very first post on NEM reddit. It looks like the NEM community is great, i'm sure i will get interesting answers. As english is not my mother tongue, i will probably make many mistakes and i'm sorry about it...I'd like to introduce myself talking about how i got into cryptocurrencies and why, as an average internet user, i thought it would be useful. I somehow can represent the main target of tomorrow's market, the "mass of individuals" with no particular technical knowledge.I started to buy cryptocurrencies in 2017, before the "crazy market" we all knew at the end of the year. I first bought some Dogecoins before i understand it was mainly a community coin which didn't have a real daily life or business usage plan (i don't want to hurt their community but from here it's what it looks like). I decided to learn the basics about cryptocurrencies and blockchain to be able to make the right choice. I wasn't able to get the maths but i got how it works roughly. I was looking for THE cryptocurrency, the one which will be much better than others, the one which might be used by anyone for many kind of purpose. The one which is eco-friendly, easy to use and with a promising future.I spent a lot of time on coinmarketcap and checked first 250 cryptos to understand what is different, better or worse in one or another. Then i started to invest in Burstcoin. It is eco-friendly, minable by anybody with a hard disk, provide smart contracts and had a plan for future improvements. But the best members of the team behind just left and it's not clear what is going to happen. They hid they were doing dual mining on their pool with a copy of Bitcoin using proof-of-capacity (it hurts when you trust....). I eventually understood that the most important in cryptocurrencies is the team, the trust and real life usage.I was disappointed and wanted to quit the crypto market until i look in detail at NEM. It is centered on real life usage, it is user friendly with an easy to use interface, its POI is sustainable and it has many great features and great projects.I really like this crypto but there is something i think could be improved, tell me if i'm wrong : the fees.I'm not the first one to point out this problem : it costs several NEM to make a transaction or to do anything like create a mosaic.It is the way it should be, right ? I mean, there must be some money to give to those who are securing the network.I thought it had to be this way until i see Skycoin project (i heard NEO is doing something similar) : there are two currencies. The main one is the coin itself. The second one is naturally created when you own some coin : each hour you get 1 coin hour for each Skycoin you keep in the wallet. To avoid the inflation of the "coin hour" the network burns half of the coin hours you have when you make a Skycoin transaction and the coin hour allow you to operate everything on the network. You don't pay any Skycoin to make a transaction, you "burn" half of your coin hours. That's all. Completely free.I think it's a great idea as it doesn't really cost anything to make a transaction. Burn half of coin hours also prevent spam on the network. Coin hours have a value (like NEO gas) and they are sold on market exchanges.I know the main NEM target is companies. They have money, they were about paying to get the same services if they were centralized. NEM allow them to drastically lower the fees to have a much more secure database, it's already very good compared to what they would have without the blockchain.But i think that the future of cryptocurrency must include both individuals and companies. As for individuals, since most centralized banking transactions are free of charge today, why would people pay to get this kind of service ? I'm a crypto enthousiast and i care about decentralization, but do you really think that most of people do ?

https://www.financemagnates.com/cryptocurrency/news/nem-ventures-debuts-portfolio-investment-with-vimba/

This is a true definition of cryptocurrency.

nem been conclude“ ICE Cryptocurrency Data Feed”

Are you developing an ico/sto project ? (PM ME NOW)Do you need :1. A Website? 2. Smart Contract Programming?3. Token Creation ?4. Listing on ico rating websites? (Not exchanges. I DO NOT WORK FOR ANY EXCHANGE NOR OFFER ANY EXCHANGE LISTING).5. Active telegram members?6. A fully functional wallet application (IOS/APK)WhitePaper TranslationI can create any type of crypto, from x11 to scrypt or quark, ETH and STO.Things to know before messaging me:1. I program 18hours a day. You can contact me at any time on here, I usually reply very fast.2. I don't make coins with the pretext : "when i sell a masternode i will pay you". At the first instance I get a feeling that you are trying to scam with my work, I'm definitely blocking you.3. My service does not encourage scam projects. I want to see new people adding their ideas through the blockchain technologies.About This GigCreation of A cryptocurrency Ethereum Token for Your Fundraising, ICO, or Coin. The ICO is inbuilt in the contract and all Ethereum collected will be sent to an address you provide. For the  Standard and premium service this includes an ICO landing page.(Based on our design). A php wallet for Ethereum and for your token to facilitate the sales process. The website files provided are generic and NOT unique and have a licence for use in ONLY 1 IP address. You are free to customize them as you wish. The code is not encrypted.1. Etheruem standard ERC20 contract.2. Coin of Your Own3. Webwallet. 4. Payment Gateway for your Token and any other ERC20 token 5. ERC20 Tokens  Listing Script plus Token Market information 6. ERC20 ICOs  Listing Script plus ICO information 7. Charge users  to list their tokens alongside yours  

In the post it is clearly stated "what: ICE cryptocurrency data feed"

https://beincrypto.com/japans-largest-e-commerce-site-announces-cryptocurrency-exchange-launch-date/
Another opportunity for nem in US https://bitcoincryptocurrency.com/leading-healthcare-tech-firm-hms-teams-up-with-blockchain-startup-solve-care/

In particular, Facebook is not compatible with cryptocurrency. Please use the official blog. Information is scattered.

MindCtrl
Is anyone knowledgable about current events with security token regulation? Would you bet on any countries creating some regulations that could become widespread? Or will most countries wait ages for the US or EU to issue regulations and just follow those?
It was an information that probably in G20 Japan they will present a project of universal regulation for cryptocurrencies https://www.hvy.com/marko-vidrih/japan-will-present-a-universal-solution-for-cryptocurrency-regulation-at-the-g20-summit
I was recently invited for a chat with the Finance Magnates podcast and had the pleasure of speaking with Rachel McIntosh about our NEM Ventures story so far, how we we see the industry developing and what we look for in potential investments and an overview with our first investment VimbaArticle: https://www.financemagnates.com/cryptocurrency/news/nem-ventures-exec-traditional-vcs-can-sabotage-crypto-projects/Podcats: https://soundcloud.com/finance-magnates/blockchain-podcast-82-nem-ventures-dave-hodgson
I was recently invited for a chat with the Finance Magnates podcast and had the pleasure of speaking with Rachel McIntosh about our NEM Ventures story so far, how we we see the industry developing and what we look for in potential investments and an overview with our first investment VimbaArticle: https://www.financemagnates.com/cryptocurrency/news/nem-ventures-exec-traditional-vcs-can-sabotage-crypto-projects/Podcats: https://soundcloud.com/finance-magnates/blockchain-podcast-82-nem-ventures-dave-hodgson

NASDAQ chose a cryptocurrency index before this tweet.

RT @hackernoon: "Content Delivery Meets Cryptocurrency Rewards" by @ETH_Nation https://t.co/RTkhzkIImK #cryptocurrency #blockchain
Jims
A friend will not be Nem used as a means of payment.Many will claim this function.What makes you think that someone made 9 billion coins and suddenly they became a means of payment?

Because the cryptocurrency was originally created as an independent means of payment with fast and cheap transactions. And only after the sharp increase of bitcoin value cryptocurrency became a speculative means of accumulation and savings

Hailey Robertson
Good day! May i know what is NEM?

peer-to-peer cryptocurrency and blockchain platform launched on March 2015

So this new Facebook/Libra cryptocurrency, who thinks it will it help by making the crypto scene more mainstream = more crypto adoption. Or do you think will it monopolise = kill off Litecoin, XMR Nano etc?

Xtra
No need to be so itchy man) The fact is - NEM spent $17 million on something and after 1 year and 3 month there is no news about that “something”. Evidence can be found in the article that I posted above + verifiable statements from PundiX CEO Zac. I hope somebody from the Team can comment on this.

Hi - thanks for asking. Tone in telegram can be tricky sometimes but I think it's a fair question to ask what the deal with PundiX is right now. The partnership with PundiX predates this current Foundation so we had to do some catch up work with Zac to get a clear understanding of how we could work better alongside the PundiX team on their platform (which has tons of potential.) Now that the reorg dust has settled, we have a new BD team in place to nuture relationships with partners like PundiX. To be clear, NEM Foundation didn't pay $17M on anything. It was a private placement and I don't have all the details to the original agreements. Truthfully things got stalled after Lon's transition and now we're working to amend this (just like all the other partnerships and MoUs that had to be temporarily haulted as Foundation went through major leadership and structural change.) In 2018, PundiX was ahead of their time with the tech and offerings compared to to where mass market was. They really were pioneers toward the widespread adoption of blockchain technology and cryptocurrency as an accepted means-of-payment. So fast forward now — the strategy for distribution of the devices is being discussed with Zac and you're right — the devices haven't been placed yet but it's not because there isn't interest. There is but until there's a mutual agreement (ie. updated contracts/agreements) with strategic partners, nothing will be shared. I can't give you specifics but I can tell you that we're working toward a common goal of finding how to best support interested partners with tech and opportunities.

Alexandra Tinsman | NEM.io
We can put some folks on this and see about doing recaps of some kind.
good idea, for instance, posts like this can be shared in circleshttps://www.reddit.com/r/CryptoCurrency/comments/c3w2ol/nem_launches_development_studio_ahead_of_major/
Alexandra Tinsman | NEM.io
^^ Yes.

If you have a reddit account, it is probably a good idea to post all announcements and news articles on the cryptocurrency reddit page as links

Leon Redinger
Like many POS coins, your balance needs to be "aged" in. Your vested balance is the amount of your total balance that contributes towards your harvesting.

As the russian says: “Моя твоя не понимать”How long does it take to “be aged” them? And tell me, please, how can I earn money by investing in your cryptocurrency or it is not real?

​​Is cryptocurrency more than a financial investment? Let's learn from Jesyka Hiu as she explains blockchain technology and its use cases on August 3, 2019 at the NEM Blockchain Centre Click 👉 here for more info.

The bitcoin price climbed to highs of $10,500 on the Luxembourg-based Bitstamp exchange last night, while the wider bitcoin and cryptocurrency market has added around $10 billion to its overall value over the last few days.

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"Elixes Becislao Co-Founder and Chief Operations OfficerCryptocurrency miner and trader for over 5 years. Apart from cryptocurrency and blockchain, his expertise is also in tech and e-Commerce from his experience working with Google and Amazon."

compare it with real cash noone runs around with all the money he own in his pocket wallet. same with cryptocurrency in services wirh wallet functionality just hold as much coins as u really need there keep main part of ur funds in good secured places. this also helps a lot at privacy. in crypto world the winner at compare penis size is the smaller one because u less likely become a target........

https://www.reddit.com/r/CryptoCurrency/comments/d8gk10/malaysian_ministry_of_education_fights_fake/
Rene
What exactly is that problem you have in mind? And what’s your idea how NEM could help.

Great question. My name is Mustapha Cole, from Sierra Leone west Africa but base in Ghana.I want to be an ambassador for NEM in Africa as NEM is 100% ok to come down to Africa as electricity power is and issue NEM can help the weak way of transfer that others cryptocurrency can not do

Thanks @rene_bI have been looking for what they define as fork and had to go to their actual guidance note, its important because how they define it has implications for whether it applies, it appears to be defined as:https://www.irs.gov/pub/irs-drop/rr-19-24.pdf"A hard fork is unique to distributed ledger technology and occurs when a cryptocurrency on a distributed ledger undergoes a protocol change resulting in a permanent diversion from the legacy or existing distributed ledger. A hard fork may result in the creation of a new cryptocurrency on a new distributed ledger in addition to the legacy cryptocurrency on the legacy distributed ledger. Following a hard fork,transactions involving the new cryptocurrency are recorded on the new distributedledger and transactions involving the legacy cryptocurrency continue to be recorded on the legacy distributed ledger"The bit in bold seems to imply that however we do Catapult migration (except as a true one chain upgrade that is technically unviable), it would fall under that definition, even if technically the chain isn't hard forked because its only some or all the state that migrates to a new block.Anyone else seen anything different?
​​Freewallet is a digital currency wallet with a built-in exchange for web, iOS, and Android devices. This is the perfect place to send, store and manage your cryptocurrency portfolio. Click here and choose your Freewallet now!
moon kid
Just need to turn up brain and Google "freewallet scam"

I would not call Freewallet scam. It's hot wallet where you can store and exchange crypto but you don't own private keys. So I would not recommend it for long term storing cryptocurrency same like I wouldn't recommend store on exchange.

Kailin
Hi everyone.Happy to announce that Nem Ventures has made an investment into CycleBit. Details are here:https://forum.nem.io/t/nem-ventures-announces-investment-in-cyclebit/23890
Good update, saw this coming out online on other channels too - https://www.cryptoninjas.net/2019/11/21/nem-ventures-invests-in-cryptocurrency-transaction-provider-cyclebit/

The cryptocurrency is not Coca-Cola.

spizzerb (patrick)
supernodes should continue to get payments until the fund is dry. harvesting will always be possible

Thanks, so we can still invest in XEM, we need not fear that after the new chain, and its new cryptocurrency, XEM will no longer be exchanged, right?

GMO Coin announced on December 4th that it will handle NEM (XEM) and Stellar Lumens (XLM) at GMO Coin, a cryptocurrency exchange operated by the company. XEM and XLM can be bought and sold at the "sales office", a virtual currency trading service for GMO coins on the other side of the exchange.

God Tanu
Name should be unique

I guess just in few month or less after launch there will be first wikipedia at "symbol" query, the second symbol blockchain especially if you had history in your Google account searched cryptocurrency before

"Hello, NEM community! We're from the team at Xangle.io, and we are excited to officially cooperate with NEM to enhance transparency within the cryptocurrency market.On NEM's Xangle account, you can find a wide variety of information about the coin and company, such as official announcements, disclosures, token info, and more. Xangle supports multiple languages, including English, Korean, Chinese, Japanese, and Russian. We hope our multilingual support will benefit XEM holders from many countries by providing key information regarding the business and technical progress of NEM. View Moviebloc's profile here: https://xangle.io/project/home/XEM/dashboardNote: All information uploaded on Xangle.io is officially confirmed by NEM. This message has been approved by the NEM team and is not advertising content.If you'd like to learn more about Xangle's goals and initiatives, join us here: https://t.me/xangle_community"
Blue Orange
It's just an "airdrop"

Interesting. I do not see it as an airdrop. As the process might seem the same but technically their are not. So legally if you confuse or compare the terms you are misleading the person and therefor can be liable to an extent. So what is you definition of an airdrop ? Cause in Investopedia this is the definition : What Is a Cryptocurrency Airdrop?"An airdrop, in the cryptocurrency business, is a marketing stunt that involves sending free coins or tokens to wallet addresses in order to promote awareness of a new virtual currency. Small amounts of the new virtual currency are sent to wallets for free or in return for a small service such as retweeting a post sent by the company issuing the currency" > In our case, coin or tokens are not just for free, we are not doing it to promote awareness it is done to be fair to current NEM holders and users. In some cases it will not be small amounts and there is not expectation of retweeting etc. So base on this general definition - this is not an airdrop.

Blue Orange
It's not about it being technically or legally correct. It's about using terms that the rest of the crypto community understands without and more details that might confuse them
I agree to Josia. The transition from NEM to SYM is a fork and it also used with that term. Its not an airdrop. And this is also what most educated people will understand. P.S. https://www.investopedia.com/tech/cryptocurrency-forks-vs-airdrops-whats-difference/

"Most of the time, a hard fork occurs after deliberation and discussion among the development team behind a virtual currency and the mining and (sometimes) investing communities. If different factions wish to take the cryptocurrency in various directions, a hard fork will be necessary. For this reason, the two copies of the digital currency are not exactly the same; rather, the original currency typically goes on as it has before, while the new iteration adopts some different protocols and adjustments to the code. Sometimes hard forks are not the result of a dispute between developers and miners but rather simply an attempt to create a different version of a preexisting coin."

Yes who decides if an exchange will opt in or not. It actually would be unethical for them to opt in with other people's xem held. Exchanges keep all their xem in one big wallet. Otherwise the exchange must keep track of whether each customer wants to opt in, and somehow split their wallet to accommodate this. See how complicated this is? It is very likely that exchanges will not do opt in for their customers. If you want to opt in before the snapshot it's a good idea to have your own wallet. Really everyone should only have any cryptocurrency on an exchange if they are actively trading it at the time.

"Hello, NEM community! We're from the team at Xangle.io, and we are excited to officially cooperate with NEM to enhance transparency within the cryptocurrency market.On NEM's Xangle account, you can find a wide variety of information about the coin and company, such as official announcements, disclosures, token info, and more. Xangle supports multiple languages, including English, Korean, Chinese, Japanese, and Russian. We hope our multilingual support will benefit NEM holders from many countries by providing key information regarding the business and technical progress of NEM. View NEM's profile here: https://xangle.io/project/home/XEM/dashboardNote: All information uploaded on Xangle.io is officially confirmed by NEM. This message has been approved by the NEM and is not advertising content.If you'd like to learn more about Xangle's goals and initiatives, join us here: https://t.me/xangle_community"
Laura Takenaka |NEM.io Foundation
Not a NEM project so I'm sorry I don't know. Have you asked their admins for help?

"VantageX is a cryptocurrency exchange platform that facilitates trades of various cryptocurrencies between users. Started in early 2016 as a platform for trading cryptocurrency tokens hosted on the NEM blockchain, VantageX has since expanded to include some of the most popular cryptocurrencies in the world"

Cliff Howard

After the depth analysis of cryptocurrencies industry market, we developed the Stellar Cryptocurrency Clone Script with Ethereum smart contracts to secure all the transactions in Ether network. - great work.

Hello, NEM community! We're from Xangle.io, and we are excited to officially cooperate with NEM to enhance transparency within the cryptocurrency market.On NEM's Xangle account, you can find a wide variety of information about the coin and company, such as official announcements, disclosures, token info, and more. View NEM's profile here: https://xangle.io/project/home/XEM/dashboardXangle supports multiple languages, including English, Korean, Chinese, Japanese, and Russian. We hope our multilingual support will benefit NEM holders from many countries by providing key information regarding the business and technical progress of NEM. Note: All information uploaded on Xangle.io is officially confirmed by NEM. This message has been approved by NEM and is not advertising content.If you'd like to learn more about Xangle's goals and initiatives, join us here: https://t.me/xangle_announcement