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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1131. (Read 2985369 times)

hero member
Activity: 1115
Merit: 535

1 NEM stake = 35500 NXT  is ridiculously low, given there are 1 billion Nxt and only 4000 nem stake, and even then most of those stakes are held by developers and co.

 You aren't becoming millionaire anytime soon  in the next 20  years holding Nem.
There is no interest. No volume, and I don't see how that will change. The volume actually went down in first  month, and that trend will most likely continue until you are down to Qora level volume in six months. 
 

So Eadeqa is all about this in your head?!
Becoming  a millionaire in fiat USD is all that matters to you Huh

hero member
Activity: 644
Merit: 500
1 NEM stake = 35500 NXT proves that the major dumps ain't happening!

FTFY  Kiss

Already answered that https://bitcointalksearch.org/topic/m.11328628

You aren't responding to my posts, but talking to yourseld
hero member
Activity: 644
Merit: 500
What do you mean dump ain't happening? The prices are already ridiculously low, given most  coins are held by "development stakes" making the current ranking pretty artificial. The real market-cap is much lower. Plus there is basically zero  volume. Even this $700 volume is just mostly people trading among  themselves.

Too bored to recalculate at today's rates...  although the results would be favorable...   Roll Eyes

NEM got dumped pretty hard when it launched and that wasn't supposed to happen because 'fair distribution'.

1 NEM stake = 35500 NXT  (at current Poloniex Bid rates)...  I wouldn't call that dumped pretty hard...  especially if the significant Supply increase (compared to the NEMstake trading days on the Nxt AE) is taken into consideration.

I absolutely agree with the rest of your post though!  Wink

1 NEM stake = 35500 NXT  is ridiculously low, given there are 1 billion Nxt and only 4000 nem stake, and even then most of those stakes are held by developers and co.

 You aren't becoming millionaire anytime soon  in the next 20  years holding Nem. There is no interest. No volume, and I don't see how that will change. The volume actually went down in first  month, and that trend will most likely continue until you are down to Qora level volume in six months. 
 
hero member
Activity: 644
Merit: 500
The 24-hour volume dropped  under  $1000, just as I predicted last month. Next stop could be under $500

So...  now that it's crystal clear the major dumps ain't happening...  they turn to Volume...   Roll Eyes

What do you mean dump ain't happening? The prices are already ridiculously low, given most  coins are held by "development stakes" making the current ranking pretty artificial. The real market-cap is much lower. Plus there is basically zero  volume. Even this $700 volume is just mostly people trading among  themselves and experimenting.
legendary
Activity: 1946
Merit: 1012
vertex output parameter not completely initialized
We are buying XEM cheap whenever possible.
Everybody have some price in mind when they will sell some of their XEM when the price will go up.

Would you guys share what price you think is that which you'll think of selling some XEM?
like 500 satoshi,
1000 satoshi,
2000,
3000,
12000,
150,000
500,000 satoshi and so on??

I want to see how much people have confidence in NEM? If more people strongly holding in higher prices, means NEM have solid community, and long term believers.
$10  Grin
tyz
legendary
Activity: 3360
Merit: 1533
It depends how NEM convince me to believe into its future. Currently I would sell at around 250 sats or even 200. If the dev deliver what they've promised the rate will increase for sure  Grin

We are buying XEM cheap whenever possible.
Everybody have some price in mind when they will sell some of their XEM when the price will go up.

Would you guys share what price you think is that which you'll think of selling some XEM?
like 500 satoshi,
1000 satoshi,
2000,
3000,
12000,
150,000
500,000 satoshi and so on??

I want to see how much people have confidence in NEM? If more people strongly holding in higher prices, means NEM have solid community, and long term believers.
hero member
Activity: 644
Merit: 500
The 24-hour volume dropped  under  $1000, just as I predicted last month. Next stop could be under $500
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I've been unable to harvest for the last few days, not even a block with zero fees. Before everything was running smoothly. Everything is working. Could someone enlighten on what's going on? By the way I'm using delegated harvesting.

It happens.
What could be happening - can't confirm this though - is that more and more people start to harvest. The more people "compete" the less likely it becomes for everyone to harvest a block.
It's good for the network when more XEM are being used to harvest but of course it can be annoying for "smaller" harvesters.

How did you setup delegated harvesting ? Is it possible the machine got restarted and it isn't set to auto-harvest with your remote account ?

Thank you for the explanation. That's actually a good thing because it means that Nem is in demand amongst its supporters
I wouldn't call myself a small harvester as I received 1 stake. I actually though that it might had something to do with POI (to sicourage people from accumulating Nem), because I didn't have much in and out transactions.

The wallet shows "stop delegated harvesting" and the NIS is synchronized so it should actually work.

*Is there anyone else with the same problem?
Yes im having the same problem, i have 1 stake s worth of NEM.
I feel that i havnt done something right when setting up delegated harvesting.
I did harvest one block on launch day and that block contained nothing.
But anyway i havnt harvested any other blocks since, so dont know if ive done something wrong or not.

The remote nis was probably restarted which means you must click stop delegated harvesting then click start delegated harvesting

OK, ill try that


If you have a stake you should usually get a block everyday.

If you are just harvesting on your home computer, local harvesting is fine and a little easier for a non-techie to monitor.

If you are using delegated harvesting for a remote server thee are somethings to watch for.

If the server is not yours, your delegated key will get kicked off the machine when it reboots or updates (later versions of NEM might fix this), so that isn't in your control and hard to monitor.  Though most remote, open, and free nodes are proving quite reliable. An easy way to check age of a node online is NEMbex, but that still isn't full proof. To solve this as nzminer said you have to turn off and turn on delegated harvesting.

In some situations is you have moved your private key from one wallet/computer to another, you will even have to deactivate and then reactivste delegated harveysung. This is because the original delegated harvesting key was paired with your original wallet/computer.

There is another problem that I'm not completely clear on or understand well so this information may be off. Some people have problems with auto harvesting being in and delegates harvesting being active and interfering with each other. (This will be made better later so a user can't mess up).
legendary
Activity: 1918
Merit: 1001
I've been unable to harvest for the last few days, not even a block with zero fees. Before everything was running smoothly. Everything is working. Could someone enlighten on what's going on? By the way I'm using delegated harvesting.

It happens.
What could be happening - can't confirm this though - is that more and more people start to harvest. The more people "compete" the less likely it becomes for everyone to harvest a block.
It's good for the network when more XEM are being used to harvest but of course it can be annoying for "smaller" harvesters.

How did you setup delegated harvesting ? Is it possible the machine got restarted and it isn't set to auto-harvest with your remote account ?

Thank you for the explanation. That's actually a good thing because it means that Nem is in demand amongst its supporters
I wouldn't call myself a small harvester as I received 1 stake. I actually though that it might had something to do with POI (to sicourage people from accumulating Nem), because I didn't have much in and out transactions.

The wallet shows "stop delegated harvesting" and the NIS is synchronized so it should actually work.

*Is there anyone else with the same problem?
Yes im having the same problem, i have 1 stake s worth of NEM.
I feel that i havnt done something right when setting up delegated harvesting.
I did harvest one block on launch day and that block contained nothing.
But anyway i havnt harvested any other blocks since, so dont know if ive done something wrong or not.

The remote nis was probably restarted which means you must click stop delegated harvesting then click start delegated harvesting

OK, ill try that
legendary
Activity: 1568
Merit: 1002
How much XEM did each stakeholder initially receive?


2,250,000
hero member
Activity: 910
Merit: 1000
How much XEM did each stakeholder initially receive?
tyz
legendary
Activity: 3360
Merit: 1533
Mofo is open source and has something like a plugin system. So, everyone who has the skills can it extend by services like a NEM wallet.

If anybody is good at coding, the NEM client is open source.  

What does this mean?  It means somebody can 1) make a super light USB client that is on a USB and NEM could be used on any computer the usb is plugged into.  A client could be programmed to look for an open node and connect to it no problem.  We are talking about being able to plug in a USB and 5 seconds later be logged into your NEM wallet and sending transactions from any computer.  And 2) for a bonus level said dev could even customize the NCC with new fonts, or colors or themes to make it more streamlined and beautiful.  


This would really give NEM credibility if some third-party clients/apps were built using its platform ... we need this!

+1

+1

here is another idea that came out of Telegram. 

There is a really slick online wallet called Mofo (I think that is Finnish).  It is a cross platform wallet for a Finnish cyrpto and NXT.  Did I mention it looks nice? :-)

Well, it is open source, and our NCC is open source.  What does that mean?  It means if somebody has the skills, then it is very doable.  They can be merged.   

The next crypto they will add is BTC.  This opens up a lot of possibilities in the future too for NEM.   

https://www.mofowallet.com/  https://github.com/fimkrypto/mofowallet
sr. member
Activity: 396
Merit: 250
@jabo38: Thanks!
 
I have 2 clients installed, so I'll try 1) when I get home to wifi.
My private key is stored in keepass, 2)-5) are covered, and I've also tried with the standalone client. So... 1) ! and my fingers crossed. Smiley
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I'm running the NEM client on Mac OS X. When I try to add an existing account I get error 500.

I even updated to Yosemite  Cry

Some other user posted about the same problem in the NEM forum but no answer was given. Does anyone know the problem > solution?

Soooo, I am not sure the exact problem but I know that in the past if people were importing a private key and there was a space at the end of the private key, then they could get error 500.


The installer definitely shouldn't have worked if you didn't have Yosemite, but I think it should work after the update.  Anyway, here is the usually suspects or Mac problems.
 

1) Before installing a new version of NEM, you definitely need to uninstall any old versions of NEM.  So first uninstall any and all versions you can find.  (Each version will have its own folder in Applications).  And for added measure it is important to on Mac go to Finder, then click "Go" at the top of the screen. Go to Computer, then Macintosh HD, then users, then your user name, and then delete the NEM folder. http://blog.nem.io/how-to-remove-old-nem-software-versions/  http://blog.nem.io/how-to-find-export-or-delete-your-wallet-and-address-book-file/

Only then after having uninstalled all versions and deleting the NEM folder, should you then try to reinstall.  (following the instructions above will delete your wallet, so want to back it up just to be sure.  And as always be sure to back up your private keys)

2) Mac might not allow you to install NEM due to security settings. If this happens, please go to System Preferences -> Security & Privacy -> Install anyway.

3) In Mac I went to System Preferences → Security & Privacy → Firewall → Firewall options → + → NEM 0.6.xx → wallet → okay. If that still doesn't work in Mac, you may need to turn your Firewall off.

4) It is very important to have the latest version of Java 8 running.

5) 10.10 Yosemite and up required to use the installer.  If you have 10.9 or lower, you must run the stand alone.  

These are all the common sticking points that I can think of with Mac.  I'm assuming you don't have any third party virus scanners or firewalls or things like that because they aren't really needed on Mac.  

Please let us know if it works.

One last trick is to try the stand alone.  I actually run it half the time on mac anyway just because it is a little more fun.  http://blog.nem.io/mac-installation-guide-standalone/
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
If anybody is good at coding, the NEM client is open source.  

What does this mean?  It means somebody can 1) make a super light USB client that is on a USB and NEM could be used on any computer the usb is plugged into.  A client could be programmed to look for an open node and connect to it no problem.  We are talking about being able to plug in a USB and 5 seconds later be logged into your NEM wallet and sending transactions from any computer.  And 2) for a bonus level said dev could even customize the NCC with new fonts, or colors or themes to make it more streamlined and beautiful.  


This would really give NEM credibility if some third-party clients/apps were built using its platform ... we need this!

+1

+1

here is another idea that came out of Telegram. 

There is a really slick online wallet called Mofo (I think that is Finnish).  It is a cross platform wallet for a Finnish cyrpto and NXT.  Did I mention it looks nice? :-)

Well, it is open source, and our NCC is open source.  What does that mean?  It means if somebody has the skills, then it is very doable.  They can be merged.   

The next crypto they will add is BTC.  This opens up a lot of possibilities in the future too for NEM.   

https://www.mofowallet.com/  https://github.com/fimkrypto/mofowallet
legendary
Activity: 1418
Merit: 1002
When I click on Start delegated harvesting that;
ERROR 699 Maximum number of harvesters allowed on server has been reached Huh

Check this out:
http://support.ournem.com/knowledgebase.php?article=11
legendary
Activity: 1162
Merit: 1000
When I click on Start delegated harvesting that;
ERROR 699 Maximum number of harvesters allowed on server has been reached Huh

Lol there is no other way to explain then what the message says. Just connect to another remote nis that isnt full.
hero member
Activity: 952
Merit: 1000
www.pumpmycoin.com
We are buying XEM cheap whenever possible.
Everybody have some price in mind when they will sell some of their XEM when the price will go up.

Would you guys share what price you think is that which you'll think of selling some XEM?
like 500 satoshi,
1000 satoshi,
2000,
3000,
12000,
150,000
500,000 satoshi and so on??

I want to see how much people have confidence in NEM? If more people strongly holding in higher prices, means NEM have solid community, and long term believers.

maybe 1mXEM for 3000...
maybe  8000-10000 sat for 1 XEM
legendary
Activity: 2124
Merit: 1013
K-ing®
We are buying XEM cheap whenever possible.
Everybody have some price in mind when they will sell some of their XEM when the price will go up.

Would you guys share what price you think is that which you'll think of selling some XEM?
like 500 satoshi,
1000 satoshi,
2000,
3000,
12000,
150,000
500,000 satoshi and so on??

I want to see how much people have confidence in NEM? If more people strongly holding in higher prices, means NEM have solid community, and long term believers.

maybe 1mXEM for 3000...
hero member
Activity: 539
Merit: 500
Still buying.

Good!

I calculated that I have double the NEM of NXT I have.

Like if I have 0.02% NXT of total NXT, I got 0.04% XEM of total XEM. Tongue

So, this time I bought some cheap NXT! Cheesy

If XEM will be cheaper than less than or equals to 50 satoshi this month, I might buy some. Smiley

I don't think XEM will go below 50 satoshi's. 55 maybe, but in average it will be 60-65 this month, my crystal ball says.
Your crystal ball... Grin Grin Grin Grin
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