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

[fragout]

Having some trouble setting up a super node on a second pc (win10). I downloaded the standalone and change the nis config, but when I double click on runMon or runNis. a window briefly appears and then disappears ? any ideas

[drakoin]

Having some trouble setting up a super node on a second pc (win10). I downloaded the standalone and change the nis config, but when I double click on runMon or runNis. a window briefly appears and then disappears ? any ideas

if those are *.bat files, it might help to open them with a text editor (notepad.exe, or Notepad++), and add

Code:

pause

at the bottom of the file, below all other commands.

[jabo38]

Sorry if this has been asked before, but how much XEM do you get from harvesting? Couldn't find it in the first few pages of this thread or the FAQ. I would like a simple formula, like you'll get x% per day, if you have y XEM vested and you don't do any transactions, but just harvest.

Hi.  There are no set block rewards like in Bitcoin people get 25 BTC.  The block maker in NEM only collects the fees.  Those of course can vary a lot depending on a person's luck.  My best block was 1000 XEM when a spammer was attacking the network (NEM performed well, I got richer, the spammer just lost money).  My worst block is 0, which I get some daily.  

This is one of my accounts.  http://chain.nem.ninja/#/account/NBORHHYEOFQJSJFD3PZW7EUGNUR5JFPO3T5IGZBX/762069

I put 100,324 and took out 396, so basically I put in 99,928.  Right now that account has a balance of 102,541 so I made basically 2,613 harvesting on that account.  But actually it was more because I think I have paid some transaction fees and messages and things like that.  That account was funded on April of 2015.  I can't say that it was always harvesting in the last 9 months.  For sure sometimes I have had my node down at times, sometimes for a week or two, but generally I can guess it has probably 8 months of harvesting on it total.  So I can say I have made a little over 2.6% in 8 months on that account.

All of that information can be confirmed through the link above very clearly.  As far as if that is good or bad compared to other accounts that size, I'm not really sure, but after 8 months, it should be averaging out I guess.

I would like to mention though that we are now testing Supernodes.  Those will be nodes that are given rewards outside of harvesting. A person has to bond 3 million XEM to their node, but the XEM is always under their control and can be released at anytime.  For more information, please see https://forum.nem.io/t/nem-supernode-rewards-program/1735/24  

[jabo38]

Having some trouble setting up a super node on a second pc (win10). I downloaded the standalone and change the nis config, but when I double click on runMon or runNis. a window briefly appears and then disappears ? any ideas

Here is the tutorial for stand alone.  http://blog.nem.io/windows-installation-guide-standalone/

If the command prompt is appearing and disappearing there is definitely something making it crash.  It is important to make sure you have Java updated.  That could cause it.

If you messed up the config files that could do it too. 

If you run the command prompt with commands to start NEM, you can see the exact error. 

If you want to post a screen shot of your NIS config file (don't show any private key) in the Slack chat or your error reports, somebody could help you too that way.  The Slack invite link is in my signature.

[fragout]

Sorted it. java problem. tks guys

[jabo38]

Sorted it. java problem. tks guys

glad you got it taken care of

[rockethead]

Market volume for the last 5 days have been at least $500K. There have been no whales in NEM and therefore the conclusion is, either there has been a big player pumping it, or NEM is undergoing a realistic price discovery phase, given its way undervalued price in the first place.

My question then is, would someone risk putting in $500K to pump up an unknown coin and possibly end up being a bag holder? Why not pump another unknown coin instead? Hence, pumping is quite unlikely. It appears to be a general rise, coupled with panicked buying, and awareness of NEM, with one feeding the other in a sustained rise.

Fall in price, it will, but I doubt we will ever see the days of 30 Sat again, unless there is a big calamity in NEM, or someone who is so generous to sell down $500K's worth of XEM and be a Santa clause.

[howi53]

Having some trouble setting up a super node on a second pc (win10). I downloaded the standalone and change the nis config, but when I double click on runMon or runNis. a window briefly appears and then disappears ? any ideas

Here is the tutorial for stand alone.  http://blog.nem.io/windows-installation-guide-standalone/

If the command prompt is appearing and disappearing there is definitely something making it crash.  It is important to make sure you have Java updated.  That could cause it.

If you messed up the config files that could do it too. 

If you run the command prompt with commands to start NEM, you can see the exact error. 

If you want to post a screen shot of your NIS config file (don't show any private key) in the Slack chat or your error reports, somebody could help you too that way.  The Slack invite link is in my signature.

I would like to run a supernode, but for "Joe Average", the prodedure is to complicated.
So i will wait for a "supernode one click installer button" for the stand alone client

[davien]

Market volume for the last 5 days have been at least $500K. There have been no whales in NEM and therefore the conclusion is, either there has been a big player pumping it, or NEM is undergoing a realistic price discovery phase, given its way undervalued price in the first place.

Almost a year passed since the launch, and almost 2 years since the firs ANN. I don't think so that it's a "realistic price discovery phase". That would happen in the first few months. The price was at 60-70 for many months, so we can say that what is going on now its pure pump.

[ryanb]

Having some trouble setting up a super node on a second pc (win10). I downloaded the standalone and change the nis config, but when I double click on runMon or runNis. a window briefly appears and then disappears ? any ideas

Here is the tutorial for stand alone.  http://blog.nem.io/windows-installation-guide-standalone/

If the command prompt is appearing and disappearing there is definitely something making it crash.  It is important to make sure you have Java updated.  That could cause it.

If you messed up the config files that could do it too. 

If you run the command prompt with commands to start NEM, you can see the exact error. 

If you want to post a screen shot of your NIS config file (don't show any private key) in the Slack chat or your error reports, somebody could help you too that way.  The Slack invite link is in my signature.

I would like to run a supernode, but for "Joe Average", the prodedure is to complicated.
So i will wait for a "supernode one click installer button" for the stand alone client

Is one click supernode in the work?

[greentea]

Market volume for the last 5 days have been at least $500K. There have been no whales in NEM and therefore the conclusion is, either there has been a big player pumping it, or NEM is undergoing a realistic price discovery phase, given its way undervalued price in the first place.

Almost a year passed since the launch, and almost 2 years since the firs ANN. I don't think so that it's a "realistic price discovery phase". That would happen in the first few months. The price was at 60-70 for many months, so we can say that what is going on now its pure pump.

A lot has happened in the last month, to justify a price rise.  Although most of it happened in Japan, people who did their homework got rewarded.  

There will always be speculators and people looking for quick gains.  But I'm sure NEM has picked up a handful of investors with all the companies experimenting with Mijin.

If this was a 'pure pump' then price will quickly fall as quickly as it rises.  So the price should quickly come back down to the 30's again.  Time will tell.

Price discovery in ongoing and dynamic, look at any stock chart (ex. GOOG) & it will show you that.  As new info comes, price adjusts.

The marketcap is still relatively small at ~5MM.  Compared to ETH's 120MM it can rise 24x more or around ~3500 sats which to me is very possible.   I plan on holding as the devs & team have pushed through & proven they are committed to this project.

[msin]

Wow, NEM is on quite a run right now, congrats to the NEM team, you guys deserve it.

[patmast3r]

Having some trouble setting up a super node on a second pc (win10). I downloaded the standalone and change the nis config, but when I double click on runMon or runNis. a window briefly appears and then disappears ? any ideas

Here is the tutorial for stand alone.  http://blog.nem.io/windows-installation-guide-standalone/

If the command prompt is appearing and disappearing there is definitely something making it crash.  It is important to make sure you have Java updated.  That could cause it.

If you messed up the config files that could do it too. 

If you run the command prompt with commands to start NEM, you can see the exact error. 

If you want to post a screen shot of your NIS config file (don't show any private key) in the Slack chat or your error reports, somebody could help you too that way.  The Slack invite link is in my signature.

I would like to run a supernode, but for "Joe Average", the prodedure is to complicated.
So i will wait for a "supernode one click installer button" for the stand alone client

Is one click supernode in the work?

That's impossible. The best one could do is some installer but that would probably be VERY fragile.

[patmast3r]

Market volume for the last 5 days have been at least $500K. There have been no whales in NEM and therefore the conclusion is, either there has been a big player pumping it, or NEM is undergoing a realistic price discovery phase, given its way undervalued price in the first place.

Almost a year passed since the launch, and almost 2 years since the firs ANN. I don't think so that it's a "realistic price discovery phase". That would happen in the first few months. The price was at 60-70 for many months, so we can say that what is going on now its pure pump.

I'm sure that's true for all altcoins of which development stops after getting on some exchanges. NEM is basically still in beta.
I agree that what we're seeing right now can't be normal but saying any rise after the first few months is pure pump is imho ignorant.

[fragout]

Are the Devs selling into this pump? There is a huge jump in the orderbook of number of nem 4sale from 70ish million this morning to 128million now

[nembit86]

Are the Devs selling into this pump? There is a huge jump in the orderbook of number of nem 4sale from 70ish million this morning to 128million now

Have you got proof that it is a pump ? .....  Zaif is a big exchange in Japan where there is more knowledge of NEM......there is talk of NEM being added soon...maybe some insiders know this and are buying in wait.................who knows ......a pump ? ......I dont think so

[fragout]

Are the Devs selling into this pump? There is a huge jump in the orderbook of number of nem 4sale from 70ish million this morning to 128million now

Have you got proof that it is a pump ? .....  Zaif is a big exchange in Japan where there is more knowledge of NEM......there is talk of NEM being added soon...maybe some insiders know this and are buying in wait.................who knows ......a pump ? ......I dont think so

Proof. Of course not, but volume of a few btc per day to 641 in one day!!. I hope it is insider news, believe me. I know the devs were holding off selling while the price was low for some projects (mobile app and silvercoins, I think) so I was just wondering if they were active now in the market

[randombit]

Are the Devs selling into this pump? There is a huge jump in the orderbook of number of nem 4sale from 70ish million this morning to 128million now

Have you got proof that it is a pump ? .....  Zaif is a big exchange in Japan where there is more knowledge of NEM......there is talk of NEM being added soon...maybe some insiders know this and are buying in wait.................who knows ......a pump ? ......I dont think so

If ZAIF will trade XEM on the Exchange, than they need XEM to trade it, or not? so they have to buy XEM to put it into the Exchange, or are they recieving XEM for free?    . Its a big big big speculation to say that the CEO himself or any other member of ZAIF buys some XEM to put it at first on the Exchange and make easy 500.000k $   to  2,5Mil $  or more,   . And iam sure that some other NEM Member have more information about whats going on atm.

[greentea]

OKWave's trading was halted by going up too much based on news of using Mijin (this made national news): http://www.asahi.com/business/stock/kabuto/Ctkkabuto1820255.html

Let's hope we get XEM/JPY, XEM/CNY, etc. soon!  

Why not asking BTCBOX if they are interested in adding XEM/JPY or did this already happen?
https://www.btcbox.co.jp/

Apart from Zaif, now maybe also good time to request XEM being added to BTCBOX.  This is one of Japan's largest exchanges.

Point to Poloniex to give them an idea of the recent volume  

[greentea]

Are the Devs selling into this pump? There is a huge jump in the orderbook of number of nem 4sale from 70ish million this morning to 128million now

Have you got proof that it is a pump ? .....  Zaif is a big exchange in Japan where there is more knowledge of NEM......there is talk of NEM being added soon...maybe some insiders know this and are buying in wait.................who knows ......a pump ? ......I dont think so

If ZAIF will trade XEM on the Exchange, than they need XEM to trade it, or not? so they have to buy XEM to put it into the Exchange, or are they recieving XEM for free?    . Its a big big big speculation to say that the CEO himself or any other member of ZAIF buys some XEM to put it at first on the Exchange and make easy 500.000k $   to  2,5Mil $  or more,   . And iam sure that some other NEM Member have more information about whats going on atm.

yes speculation, although possible!