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

[BloodyRookie]

Is their 1 Euro per month vmware spec suitable for a supernode?  

1 Core

Intel® Xeon® E5-2650L v3 - I believe this is 1.8 Ghz
1 GB RAM
20 GB SSD Storage
2 TB/month data transfer
vmware powered

Running on Linux

Theoretically that should be enough, but i don't know if they oversell those cheap vpses...

[mirador17]

Is their 1 Euro per month vmware spec suitable for a supernode?  

1 Core

Intel® Xeon® E5-2650L v3 - I believe this is 1.8 Ghz
1 GB RAM
20 GB SSD Storage
2 TB/month data transfer
vmware powered

Running on Linux

Theoretically that should be enough, but i don't know if they oversell those cheap vpses...

But if your supernode does not pass the test every 2nd day, it's not cheap.

[raphma]

Ooops, nem below 1000 again

The HODLers are HODLing, but the short term people have been sitting on no-gains for weeks and then they see other coins on Poloniex like DASH and Monero get huge pumps - so yeah some people are beginning to fold to catch on other coin's gains.

Great strategy: buy high and sell low

most people in this market doesnt think... they just panic sell and buy anything going up. the cycle repeat till they are broke.

[rigel]

Guys if you are running supernode i use one cheap and i can recommend
If you interest https://www.ovh.com/us/vps/vps-ssd.xml
I use server KVM for 3.49$ 1 vCore 2.4 GHz 2 GB RAM 10 GB SSD
Servers had one failure this month,2months ago it had no fails.
This is best deal that i have found for KVM.

The cheaper one with CPU 2 x 2.5 GHz 3 GB RAM 50 GB SSD
but OpenVZ is 150zl~38$ a year
https://mintshost.pl/

i saw that KVM have more stable performance than OpenVZ
OpenVZ tends to have spikes in performance that my personal experience.

Most people say OVH is bad but I had a good experience with them too.

OpenVZ is inferior technology to KVM: it is more a container than a virtual machine.

I have good performance with http://cloud.eu too. They use vmware.

Is their 1 Euro per month vmware spec suitable for a supernode?  

1 Core

Intel® Xeon® E5-2650L v3 - I believe this is 1.8 Ghz
1 GB RAM
20 GB SSD Storage
2 TB/month data transfer
vmware powered

Running on Linux

rigel9 is thir superior vps with 2 GB RAM.

Never tried the vps with 1GB.

The datacenter is not far from where today an earthquake destroyed a couple of cities but my node is still up

[suky321]

I'm going to go for the free trial on cloud.eu and see how it goes, then sign up if all is well.  Other option is Amazon, but there seems to be too many options, I think EC2 free tier for 12 months is the other option, not sure of the price after the 12 months though.

[template]

How much get when run supernode? How do? Thanks.

[willowfoot]

How much get when run supernode? How do? Thanks.

Here's a tutorial for setting up a SuperNode
https://forum.nem.io/t/nem-supernode-command-line-tutorial-for-debian-8-4/2211/47

Most recent payouts below:

[bitwhizz]

 Bitcoin itself is only used by a million people around the world.  Getting people to use crypto currencies is an education campaign and a simple brochure (even with measly freebies attached - which I don't like) would have a very low effectiveness rate.

I've seen the marketing strategies used by Litecoin and Dogecoin.  Back in 2013 they were spamming on large internet forums like Bodybuilding but it wasn't an education campaign "why you should use cryptos" but more like "hear about dat Bitcoin chyieet?  Well throw money at Litecoin and make $$$$"

However unethical it was for LTC / Doge people to pass off their coin as a money flipping opportunity, I don't think anyone on their forum ever writes: "hey guys, remember in 2013 when you were passing off money flipping opportunities to random people on the internet?".

[BigSirko]

Bitcoin itself is only used by a million people around the world.  Getting people to use crypto currencies is an education campaign and a simple brochure (even with measly freebies attached - which I don't like) would have a very low effectiveness rate.

I've seen the marketing strategies used by Litecoin and Dogecoin.  Back in 2013 they were spamming on large internet forums like Bodybuilding but it wasn't an education campaign "why you should use cryptos" but more like "hear about dat Bitcoin chyieet?  Well throw money at Litecoin and make $$$$"

However unethical it was for LTC / Doge people to pass off their coin as a money flipping opportunity, I don't think anyone on their forum ever writes: "hey guys, remember in 2013 when you were passing off money flipping opportunities to random people on the internet?".

https://asktom.cf/index.php?topic=654845.msg8055197#msg8055197

Are you TaunSew?

People for a long time assumed TaunSew was a sockpuppet of a legendary..  I think I just unraveled it.. 

[XbladeX]

How much get when run supernode? How do? Thanks.

Here's a tutorial for setting up a SuperNode
https://forum.nem.io/t/nem-supernode-command-line-tutorial-for-debian-8-4/2211/47

Most recent payouts below:

Multi that by 2x in week reward we be doubled that mean 140 000xem insead 70 000xem for all nodes so you will get about 600 again

[raphma]

How much get when run supernode? How do? Thanks.

Here's a tutorial for setting up a SuperNode
https://forum.nem.io/t/nem-supernode-command-line-tutorial-for-debian-8-4/2211/47

Most recent payouts below:

please, correct me if i'm wrong, but... you need 3.000.330 XEM to make a node right? that's roughly 30btc at todays price and you're earning 300k satoshis/day.
what's the point? you could earn more by simple lending this btc in poloniex or another exchange...

[fob123]

yes but is it 100% safe? are you certain to get your btc back? Serious question
supernode is guaranteed return.

[nzminer]

yes but is it 100% safe? are you certain to get your btc back? Serious question
supernode is guaranteed return.

Of course its safe, your XEM always remain in your account at all times

[fob123]

yes but is it 100% safe? are you certain to get your btc back? Serious question
supernode is guaranteed return.

Of course its safe, your XEM always remain in your account at all times

i'm talking about BTC lending in poloniex mate.

[nzminer]

yes but is it 100% safe? are you certain to get your btc back? Serious question
supernode is guaranteed return.

Of course its safe, your XEM always remain in your account at all times

i'm talking about BTC lending in poloniex mate.

Sorry, thought you were talking about running a supernode.

I would not risk any money in margin lending if it was me.

[raphma]

yes but is it 100% safe? are you certain to get your btc back? Serious question
supernode is guaranteed return.

well, if you've already lend money there you know it is "safe", you only lose if poloniex suddenly goes down. there's no chance of someone takes your bitcoin because it's used at margin trade, when they close the operation your bitcoin+interest comes directly to you.

yet, i've used the lending example just to ilustrate how bad is XEM node(xem currency still good, i just dont see a good reason to run a node). Want another example? you can run a dash node for ~20btc and receive way more per month.

doesnt like dash? well, me neither so another example.
Xvc incentive node cost about 2btc, AND WITH 2 BITCOINS you will receive more then running xem node......

there are others examples too...

and again, i'm holding xem, i always recommend people here in bitcointalk to invest in XEM, yet... the node seems a very bad investment and if i'm missing something please enlighten me.

[BigSirko]

yes but is it 100% safe? are you certain to get your btc back? Serious question
supernode is guaranteed return.

well, if you've already lend money there you know it is "safe", you only lose if poloniex suddenly goes down. there's no chance of someone takes your bitcoin because it's used at margin trade, when they close the operation your bitcoin+interest comes directly to you.

yet, i've used the lending example just to ilustrate how bad is XEM node(xem currency still good, i just dont see a good reason to run a node). Want another example? you can run a dash node for ~20btc and receive way more per month.

doesnt like dash? well, me neither so another example.
Xvc incentive node cost about 2btc, AND WITH 2 BITCOINS you will receive more then running xem node......

there are others examples too...

and again, i'm holding xem, i always recommend people here in bitcointalk to invest in XEM, yet... the node seems a very bad investment and if i'm missing something please enlighten me.

Inflation.  Since August 2015, Dash has added 1 million coins to the total supply.  Dashnode is a "18%" return but this number people will throw around does not account for the massive inflation inherent on the network.   This deception is no different than how your neighborhood bank offers ~2% on a term deposit but the consumer purchasing index inflation robs most of those gains.

Libertarian politicians like Ron Paul would tell you inflation is a tax on the poor and middle class (and arguably the ignorant).  I find it strange why a lot of cryptocurrencies are obsessed with inflating themselves to the moon.  How is this an improvement on the Federal Reserve?  Newflash: it isn't.

NEM supply is fixed and, with the supernode increase on September 1st, it appears to be close to 10% and no inflation is robbing that.  You can run a SuperNODE, let the payouts accumulate and later when the price is higher you can sell.  If you tried that on Dash, and say waited year(s) until selling, then the accumulated inflation will erode your ROI.


As well inflation itself is not good for a market when it goes bear.  Miners / Dumpers still dump, regardless of what is happening, and I have seen them killed countless coins.

[jayquizzel]

yes but is it 100% safe? are you certain to get your btc back? Serious question
supernode is guaranteed return.

well, if you've already lend money there you know it is "safe", you only lose if poloniex suddenly goes down. there's no chance of someone takes your bitcoin because it's used at margin trade, when they close the operation your bitcoin+interest comes directly to you.

yet, i've used the lending example just to ilustrate how bad is XEM node(xem currency still good, i just dont see a good reason to run a node). Want another example? you can run a dash node for ~20btc and receive way more per month.

doesnt like dash? well, me neither so another example.
Xvc incentive node cost about 2btc, AND WITH 2 BITCOINS you will receive more then running xem node......

there are others examples too...

and again, i'm holding xem, i always recommend people here in bitcointalk to invest in XEM, yet... the node seems a very bad investment and if i'm missing something please enlighten me.

Inflation.  Since August 2015, Dash has added 1 million coins to the total supply.  Dashnode is a "18%" return but this number people will throw around does not account for the massive inflation inherent on the network.   This deception is no different than how your neighborhood bank offers ~2% on a term deposit but the consumer purchasing index inflation robs most of those gains.

Libertarian politicians like Ron Paul would tell you inflation is a tax on the poor and middle class (and arguably the ignorant).  I find it strange why a lot of cryptocurrencies are obsessed with inflating themselves to the moon.  How is this an improvement on the Federal Reserve?  Newflash: it isn't.

NEM supply is fixed and, with the supernode increase on September 1st, it appears to be close to 10% and no inflation is robbing that.  You can run a SuperNODE, let the payouts accumulate and later when the price is higher you can sell.  If you tried that on Dash, and say waited year(s) until selling, then the accumulated inflation will erode your ROI.


As well inflation itself is not good for a market when it goes bear.  Miners / Dumpers still dump, regardless of what is happening, and I have seen them killed countless coins.

Interesting. How many NEM do I need for a supernode?

[mirador17]

You need at least 3000030 XEM (3 Mio + 30 ) for a supernode.

[jayquizzel]

You need at least 3000030 XEM (3 Mio + 30 ) for a supernode.

Wow. At current price that is 30BTCs. Goodness.