Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 215. (Read 2984910 times)

It might be not the most profitable thing right now. But I think you will be quite happy with your rewards in one year from now

https://asia.nikkei.com/amp/Spotlight/Bitcoin-evolution/North-Korea-suspected-in-Coincheck-cryptocurrency-heist

The DPRK is now a possibility for the coincheck hack. Hmm. I wonder if that makes a ransom payment more or less likely.

I agree, besides if catapult gets released in the middle of this bear market it will show that NEM has serious fundamentals and will give us an early boost before the bulls get going again.

Soon would be nice.

Though it may not matter, this selloff seems so endless that even if the market stabilizes (which it probably will eventually) it will enter a deep funk perhaps for years. Damn shame really.

I suppose your original advice to look to 2020 is our small consolation.

per month....
Vested balance - 0 .... 30500 XEM
Harvested blocks - 2
Fees earned - 1,05 XEM

I wouldn't worry about it, Bittrex, and all other exchanges, will occasionally put a wallet into 'maintenance', usually if there is an update to be done to the wallet.

It's totally hit and miss. You might get a few hundred on your first block or nothing for months. I wouldn't bother buying 10,000 with the expectation of making thousands more. It's a bonus for already holding coins, not the primary reason to buy them.

It would be good if anybody can share here your harvesting experience. 10 000 XEM is needed (minimum) for the harvesting process, and now when XEM fell in price as all crypto - investing this or bigger amount can be good investment.
While supernode (3 mln XEM is needed) is very hard to afford.

NEM wallet on bittrex is not functioning. I have tried to withdraw my XEM to my wallet and it is still on maintenance status. What is the problem with NEM or bittrex? Hopefully it will resume operation as soon as possible.

There's no way they'd hold it off for months purely to excite traders. That's never been how they drop things. It'll happen when it's ready and not before or after.

If Catapult was ready tomorrow, they should hold it back. This would be the worst possible time to release it and would be a non-event. The fact is if bitcoin doesn't mount a recovery (over 10k would do), the whole crypto scene will be in the doghouse for another year at least.

Japan’s First Online Bank Tests Blockchain Technology with mijin and Hyperledger



Source: http://mijin.io/en/1370.html

The problem though is crypto is inherently going to be very volatile no matter how you cut it. Sure, it would be nice to see 1-2 cent growth a day for a while, but that's just not how things work.

Especially a coin like NEM, which has a limited supply without new coins being created, the price is driven purely by demand and supply, i.e. if the price increases, there is no way to somehow go and 'get more NEM' which would curb the enthusiasm. This means it is pure animal spirits in either direction, up and down.

The other thing is, the fortunes of NEM and other cryptos are pretty correlated with each other. This means things happening outside of the NEM ecosystem can have a significant effect on the price.

Bitcoin may have been a bubble, but its only the noobs who start investing that get burnt.
Meanwhile alternatives to Bitcoin such as NEM have far greater potential and more room for growth than Bitcoin.
Biggest problem was Bitcoin was getting most of the media attention and when Bitcoin crashes, it brings everything else down with it.
Cryptocurrency and blockchain are gaining much more media attention in recent weeks which is good as we dont want everyone putting all their money into Bitcoin alone, its wise to diversify their investments.

BIG NEM NEWS


Japan’s First Online Bank Tests Blockchain Technology with mijin and Hyperledger



http://mijin.io/en/1370.html

Correct. That's the idea.

If Trezor disappears or you lose yours and can't afford another one you can get a private key from the Trezor seed with this - https://github.com/saleemrashid/nem-trezor-standalone  but obviously only do that if absolutely necessary and only on a very, very offline computer.

And then you can restore your XEM by opening a conventional private key nano wallet with that private key. There might be a nano seed wallet sometime, but there's no mention of it yet.

thank you for this link. I have a question: after i've login my nemwallet with my trezor, in the future i can access my nem wallet only with my trezor?

Definitely inside job !

Some one/s made the wallet bigger and bigger for only that purpose. To blow as much as possible.
Maybe he / they know that Bitcoin is crashing.
Maybe he / they know that new restrictions coming for bitcoin from many Governments.

It's all in thr book.

EXPERIMENTAL ?


HMMM ...
Crypto currencies have something common, which they don't tell openly.


The essential characteristics of different things:

https://en.wikipedia.org/wiki/Shark
Sharks can travel 70 to 80 km in a day.


https://en.wikipedia.org/wiki/Tiger
tigers can reach speeds of about 49–65 km/h


https://en.wikipedia.org/wiki/Sun
The orbital speed of the Solar System about the center of the Milky Way is approximately 251 km/s


or other essential characteristic
https://en.wikipedia.org/wiki/Passive_house
a passive house typically loses less than 0.5 °C (1 °F) per day (in winter)



Nevertheless these wikipedias don't give that or any essential information
https://en.wikipedia.org/wiki/Bitcoin
https://en.wikipedia.org/wiki/Litecoin
https://en.wikipedia.org/wiki/NEM_(cryptocurrency)
https://en.wikipedia.org/wiki/Monero_(cryptocurrency)
https://en.wikipedia.org/wiki/Ripple_(payment_protocol)

Why they don't?

These sites give the speed information. And it isn't good for crypto currencies!

https://finance.yahoo.com/news/cryptocurrencies-fastest-transaction-speeds-130600579.html
Total transactions per second:
    Visa: 24,000
    Ripple (CCC: XRP-USD): 1,500
    PayPal: 193
    Bitcoin Cash (CCC: BCH-USD): 60
    Litecoin (CCC: LTC-USD): 56
    Dash (CCC: DASH-USD): 48
    Ethereum (CCC: ETH-USD): 20
    Bitcoin (CCC: BTC-USD): 7



https://steemit.com/cryptocurrency/@steemhoops99/transaction-speed-bitcoin-visa-iota-paypal
VISA can handle on average around 1,700 transactions per second (tps), call it a daily peak rate of 4,000 tps.
PayPal, in contrast, handled around 10 million transactions per day for an average of 115 tps in late 2014.
Today the Bitcoin network is restricted to a sustained rate of 7 tps due
Iota can already handle between 500-800 tps.
Ethereum – 20 transactions per second (Cost= 0.01-0.1 USD+)



Only of those above, which itself advertises its speed is VISA
https://en.wikipedia.org/wiki/Visa_Inc.
can handle up to 30,000 simultaneous transactions and up to 100 billion computations every second


Is this the raw truth?
If it is, that makes two things true.
Crypto currencies are too slow for real world usage. And therefore LemonAndFries had it right:NEM is an experimental.



Another intersting question rises?
Why LemonAndFries didn't explain why NEM and other crypto currencies are experimental though it would have been so easy.
The reason might be that LemonAndFries do want to spread uncertainty that makes it easier to manipulate crypto users ?
LemonAndFries is part of hte small group of Bitcoin Billionaires, who just give us the information which is useful for
manipulation of the ongoing P or D.

And LemonAndFries likes to give us somethinh savory, sour and salty.

And more than 90 percent of all coins are very dependent on the bitcoin rate. This coin is also not an exception to the rules. And in general, the coin is not bad.