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

[fob123]

does anyone know what this article is about?
http://jp.techcrunch.com/2016/08/25/zaica/

[nzminer]

does anyone know what this article is about?
http://jp.techcrunch.com/2016/08/25/zaica/

Translated for you

https://translate.google.co.nz/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=jp.techcrunch.com%2F2016%2F08%2F25%2Fzaica%2F&edit-text=&act=url

[quasimodo]

I know it is not so interesting for you but today I have received the first reward of my supernode. With the help of the fantastic tutorial I managed the configuration (copy & past). 
Thanks to the creator.

[XbladeX]

I know it is not so interesting for you but today I have received the first reward of my supernode. With the help of the fantastic tutorial I managed the configuration (copy & past).  
Thanks to the creator.

Which one you were using ?
I have been using some version and after 6months i have leaned that closing ssh was killing my servant .
Then google and i found how it was easy way with byobu to keep it running.
At end today i don't affraid to make my own VPS and install stuff like TS or another things by copy paste
this is not that hard


Ah and i agree buying XEM just for supernode can be risky , but if you belive in xem future payout from it is nice addition to whole investment project.

[quasimodo]

I know it is not so interesting for you but today I have received the first reward of my supernode. With the help of the fantastic tutorial I managed the configuration (copy & past).  
Thanks to the creator.

Which one you were using ?
I have been using some version and after 6months i have leaned that closing ssh was killing my servant .
Then google and i found how it was easy way with byobu to keep it running.
At end today i don't affraid to make my own VPS and install stuff like TS or another things by copy paste
this is not that hard


Ah and i agree buying XEM just for supernode can be risky , but if you belive in xem future payout from it is nice addition to whole investment project.

I used this one from Paul:  https://forum.nem.io/t/nem-supernode-command-line-tutorial-for-debian-8-4/2211

And it was easier as i tought.

[raphma]

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.

dude, again, lending, dash, those are examples and there others (i gave another good example too, XVC(cheaper and more profitable))....
the main point is, 30btc "locked" is way too much money.... 300xem/day doesnt worth.

and you may say "oh, but you trust XEM you should accumulate/help the network"

with 1 btc i can make way more than 300k satoshi per day and buy XEM to accumulate.
and if the point is help the network, well, ok then... but i really think they should rework the node, maybe reducing the amount needed.

again, 30btc is WAY too much for this node and XEM, like any other currency, have risks too.

[quasimodo]

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.

dude, again, lending, dash, those are examples and there others (i gave another good example too, XVC(cheaper and more profitable))....
the main point is, 30btc "locked" is way too much money.... 300xem/day doesnt worth.

and you may say "oh, but you trust XEM you should accumulate/help the network"

with 1 btc i can make way more than 300k satoshi per day and buy XEM to accumulate.
and if the point is help the network, well, ok then... but i really think they should rework the node, maybe reducing the amount needed.

again, 30btc is WAY too much for this node and XEM, like any other currency, have risks too.

Reducing the needed amount is also lowering the daily payout. So what's the point?
Everyone is free to support another coin with a supernode if he means it's more profitable.

[raphma]

Reducing the needed amount is also lowering the daily payout. So what's the point?
Everyone is free to support another coin with a supernode if he means it's more profitable.

the point is: i like xem, i would like to support xem... but still, i dont think it worth.
i can only make a critique if it is positive?

[quasimodo]

Reducing the needed amount is also lowering the daily payout. So what's the point?
Everyone is free to support another coin with a supernode if he means it's more profitable.

the point is: i like xem, i would like to support xem... but still, i dont think it worth.
i can only make a critique if it is positive?

Of course no, but its your opinion. I am a early supporter of xem. I got a memberstake for free and bought more coins at low price. Now i have enough for a supernode and can support xem and made also some profit. I need no more.

[template]

NEM is Up 

[raphma]

Reducing the needed amount is also lowering the daily payout. So what's the point?
Everyone is free to support another coin with a supernode if he means it's more profitable.

the point is: i like xem, i would like to support xem... but still, i dont think it worth.
i can only make a critique if it is positive?

Of course no, but its your opinion. I am a early supporter of xem. I got a memberstake for free and bought more coins at low price. Now i have enough for a supernode and can support xem and made also some profit. I need no more.

well, in your case i totally agree. a node is good choice.
but i think it would be good for XEM if they find a way that does not prejudice the old investors and still encourages new comers... specially because xem price will increase more and more and the node will be even more dificult to achieve.

anyway, is just my opinion.

[DIMKAZDS]

The LIQUI EXCHANGE promise 24% per year profit, or 0.066% per day. Polo +- the same. 0.066% from 3m is 2000 xem per day.
  Problem is that they accept only BTC for this purpose. And if i sell all my xem today, and xem price skyrocket next day, i lost much more coins then 2000

so there is no correct answer to the question "do i need sell 3m xem and give 30btc to polo landing, or keep running a supernode to take more profit"

[swisswatch]

The LIQUI EXCHANGE promise 24% per year profit, or 0.066% per day. Polo +- the same. 0.066% from 3m is 2000 xem per day.
  Problem is that they accept only BTC for this purpose. And if i sell all my xem today, and xem price skyrocket next day, i lost much more coins then 2000

so there is no correct answer to the question "do i need sell 3m xem and give 30btc to polo landing, or keep running a supernode to take more profit"

So high annual rate may refer to ponzi scam, be cautious!

[raphma]

The LIQUI EXCHANGE promise 24% per year profit, or 0.066% per day. Polo +- the same. 0.066% from 3m is 2000 xem per day.
  Problem is that they accept only BTC for this purpose. And if i sell all my xem today, and xem price skyrocket next day, i lost much more coins then 2000

so there is no correct answer to the question "do i need sell 3m xem and give 30btc to polo landing, or keep running a supernode to take more profit"

well... bitcoin price can skyrocket too 
but yeah, there's no correct answer, they both have pros and cons. i just dont think 3m xem still the way to go since the price has increased a lot.

anyway, lets hope for a bright future for xem so with or without the node we all will be happy

[gadado]

You missed this or overread it:

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

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.

Where in the world you get 10% interests this days?
From an investment side it comes very close to a DASH master node.

Sometimes I wonder why the world isn't all over cryptos already but then when I read those bickering on the forums in other threads I know again.

The question for me as a potential supernode investeor isn't if it is a good investement from the interest but if it is a lasting and safe investment.

Your interest is worth nothing if the coin loses value the next years. This should be your main focus in crypto as investor.

If I knew for sure that the coin keeps its value or speculative even gains value AND will yield me that interest also after 10 years there were no question for me what to do.

But like with all crypto you will invest in something with a total lose risk. Is the interest worth the risk?

I agree with you that investing 30 btc is a significant value where someone should not be that easly ready to put in because it is a high risk investment (financial seen crypto is high risk)
It however also contains a a potential high gain when the coin value grows which we all hope.

For me that claimed a stack for almost free 2 years ago I only have to stock up about 1 mil and I am thinking for and back if I should do that or not.

The problem I have with upgrading is that it turns my risk free gift from the past into a risk of 10 btc in case of a total lose. I don't think that is happening but it is a real existing risk that you should never ignore. Valid for so many other investment in the real financial world too a lot ppl simple forget.

Also the interest -xem-pool is finit. It will dry up in about 10 years I believe (from my memory I don't know the real year numbers. 10 years. 20 years?). The point here is it is finit so if the coin did not gain the traction everyone hopes then you lose this income.

[jelin1984]

XEM add at new big exchange

to the moonnnnnnnnn


 
https://hitbtc.com/exchange/XEM-to-BTC

[garp]

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.

dude, again, lending, dash, those are examples and there others (i gave another good example too, XVC(cheaper and more profitable))....
the main point is, 30btc "locked" is way too much money.... 300xem/day doesnt worth.

and you may say "oh, but you trust XEM you should accumulate/help the network"

with 1 btc i can make way more than 300k satoshi per day and buy XEM to accumulate.
and if the point is help the network, well, ok then... but i really think they should rework the node, maybe reducing the amount needed.

again, 30btc is WAY too much for this node and XEM, like any other currency, have risks too.

Hey, there is not a lot of discussion needed here.
If you think the amount is too much, and you're entitled to have that opinion, than don't run a supernode. It's that simple.

[garp]

https://hitbtc.com/exchange/XEM-to-BTC

Great news, let's hope volume will follow...

[XbladeX]

...
Hey, there is not a lot of discussion needed here.
If you think the amount is too much, and you're entitled to have that opinion, than don't run a supernode. It's that simple.

All depends on amount of money which people have to invest.
For me running supernode with delegated priv key is more safe than run such think on any another coin with priv key.
Like with all coins who can be mine or stake is same risk but i think that NEM have good chance to get high becose
stockmarket crash is upcomming and big waves of moey will seek their "safe" bay if 1% of those founds will move into
BTC Gold it will move up 10x-50x cryptocoin market cap.

I feel better keeping crypto/gold/silver than any fiat money now in hand guys.
We are on begging now of crypto not many coins will live in next 10-20 years but those who will will go 10-1000x higher.
We are living at beggining information age.

[gentlemand]

the point is: i like xem, i would like to support xem... but still, i dont think it worth.
i can only make a critique if it is positive?

It's a ludicrous idea to put 30 BTC into something to get a trickle in return but I'll guess the price rise hadn't been anticipated when it was set up.

It's really only viable for people who already have an early stack and are in it for the long run which is exactly the right demographic needed.

The whole point of the supernodes is to be the backbone of the system. You wouldn't want people who were chopping and changing all the time as they'd add nothing but instability.