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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 688. (Read 2985369 times)

legendary
Activity: 2703
Merit: 1179
Reflinks und User die solche posten sind Scheisse
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.
sr. member
Activity: 350
Merit: 250
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.
legendary
Activity: 2703
Merit: 1179
Reflinks und User die solche posten sind Scheisse
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).  Grin
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 Cheesy .
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.
legendary
Activity: 1302
Merit: 1002
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).  Grin
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 Cheesy .
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.
legendary
Activity: 2703
Merit: 1179
Reflinks und User die solche posten sind Scheisse
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).  Grin
Thanks to the creator.
full member
Activity: 149
Merit: 100
does anyone know what this article is about?
http://jp.techcrunch.com/2016/08/25/zaica/
newbie
Activity: 52
Merit: 0
You need at least 3000030 XEM (3 Mio + 30 ) for a supernode.

Wow. At current price that is 30BTCs. Goodness.
hero member
Activity: 799
Merit: 1000
You need at least 3000030 XEM (3 Mio + 30 ) for a supernode.
newbie
Activity: 52
Merit: 0

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?
full member
Activity: 201
Merit: 100

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.

sr. member
Activity: 350
Merit: 250

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.
legendary
Activity: 1918
Merit: 1001

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 Smiley

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.
full member
Activity: 149
Merit: 100

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 Smiley

i'm talking about BTC lending in poloniex mate.
legendary
Activity: 1918
Merit: 1001

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 Smiley
full member
Activity: 149
Merit: 100

yes but is it 100% safe? are you certain to get your btc back? Serious question
supernode is guaranteed return.
sr. member
Activity: 350
Merit: 250
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...
legendary
Activity: 1302
Merit: 1002
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
full member
Activity: 201
Merit: 100
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://bitcointalksearch.org/topic/m.8055197

Are you TaunSew?

People for a long time assumed TaunSew was a sockpuppet of a legendary..  I think I just unraveled it.. 
legendary
Activity: 910
Merit: 1000
 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?".


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