ATM I harvest with 15k XEM and got average 1 Block per Week with average 15 XEM fees each.  I don't do transactions  either. I wouldn't not wonder if the price of XEM  compare to Fiat and BTC will rise massively within the next 5 years. That's why, the harvesting is a nice side gift from the system.

Well, it depends. For me the delegate harvesting is literally just a gift as I am 100% liquid and in full control of my funds.  If you invest into XEM because you believe in the technology behind it - like many of the strong and literate NEM-community do -  and not because of harvesting primarily, than yes it is more than profitable in the mid-long run.

There are better coins than XEM to ride the daily cryptocurrency-rollercoaster with pocket money.
XEM is for long, and it makes a big stake of my funds and therefore I can sleep calm.

https://www.nem.io/install.html
These are the possible Wallets. I use Nano. It is safe and easy to use. massive  easy-to-use features included like namespaces, multi-sig etc. . The fees for these will be lowered within the next few weeks up to factor 20.

The probability to harvest a block is based on your vested amount and "activity" - means amount of transactions  you are producing. The more of it, the higher your Proof-of-Importance-Score = the higher your chance to create the new block and get the included fees in it ( 1 Block each minute). You can not automatically reactivate the delegate node, as it is only a delegate node. So it is not your node. But remember, this delegate node has no access to your funds. You let it only know your Proof-of-Importance score, for the Block-competition.

The calculation show you the amount of days you need to wait until you reach the "vested amount". This is because, once you transfered lets say 10.000k to your Wallet, the software will vest 10% of it each day. That is how you gonna reach your vested amount. After you got at least  10.000 Xem vested, you can start activating "delegate harvesting" in the NanoWallet. Don't forget, your computer doesn't need to be on in order to be able to harvest. All happens in the background.

Yes. A delegate node ( "Delegate Harvesting") is doing the work for you. and you are not losing the only control over your funds. But check from time to time if the delegated node which is doing the work for you is still active. There is a NEM-Bot  called "NemNotifications" on Telegram where you can get alerts when your dlegated node is down or when you harvested a new block.

What harvesting actually does, is passiv-investing your "parked" money ( at least 10k) for the time you don't move it  (which is most of the time). And that without any risk or costs.

clear explanation, thanks. Do you have any social-media account (maybe Steemit? ) were we can read your content?

Seems like the hardfork yesterday got new member a better share of the rewards. Thumbs up Steemit!   Also more and more people from my environment joining Steemit and never heard about cryptocurrency before. And it doesn't matter. The use-case is good and the rewards will motivate them to learn about it. Thumbs up

me too, and many others do the same. I am a longterm investor and with NEM I can sleep very calm. No news for weeks, no hype and the price is still holding strong. We have a strong comunity, because they don't need fancy marketing in front but good tech. The marketing will follow soon.

Update regarding the transaction fees:

"new transaction fees for XEM will range from 0.05 XEM to 1.25 XEM depending on how much you send.  Then extra fees for messaging too.  So if you send 1000 XEM, the fee will be 0.05 XEM.  If you send 10,000,000, it will be 1.25 XEM.  If you send 10,000,000 XEM with a message, will be more than 1.25 XEM.
...more information later this week"


from Telegram: "NEM::Red"   

Hi Sir,

can you explain what you mean with "power down" and how it effects the price ( direct or indirect) of Steem?

Thank you

Does the HardFork in Steemit has any direct affects for the users? Do we have to be aware of something in order of our Accounts/Wallets ?

The progress looks great. And the weekly update gives us a chill and a feeling of being up-to-date. Keep up good work! Bought some more NAV as long as it is below 20k

It reminds me rather TOKEN than STEEM

That`s true, yes. When I think about it, the Youtube-Videos are necessary for now, to pick-up mainstream and make them aware of STEEM.

are there any plans to add Video-Upload on Steem? Hurts in the eyes to see the Youtube logo over there

Hallo together,


A couple of hours ago, I set a sell order at Poloniex for XEM at 1 XEM/ 10050 Satoshis . When I came back my XEM's got sold for 9300.

I am pretty sure I set the order at 10050, but as I have no prove I might just have made a mistake and got something wrong in my head.

Question: Does something similar happened to anyone as well?

got the same problem with two transactions at Electrum. One of them just got confirmed very quickly after I increased the fee another time (1: 0,0001 BTC -> 2: 0,0002 BTC -> 3: 0,0003 BTC)

Here in Germany I haven't met anyone yet, who actually knows what Bitcoin really is and how it works, let alone using it.
Most of the people I meet, are in the age of 18-25. This generation have no fundamental reason to leave their comfort-zone of using fiat-currency as it is working perfectly well for their personal purpose in a relative stable country like Germany (Online-Shopping, card-payment at the supermarket etc.). These people don't do cross-border payments with high transaction-fees or were directly affected by financial crisis. So there is no reason to change the online payment-habits, "...as there is no difference between Bitcoin and credit-cards", let alone dealing with the additional security measures required when want to use Bitcoin safely.

What most of them do have in common tough, is a critical opinion about the governments, financial institutions, "The rich 1%" etc.
So, at least in my opinion, I think we have a feeling that something in the present needs to be changed, but can't express what and how it should be done.

So the core reason to support bitcoin is present, but is has to be awaken. A sad, but yet efficient trigger will be bad events like economic crisis, protectionism etc.  which enhance the spotlight more and more on Bitcoin and its decentralized characteristic.

For the older generation I see little chance...You can't teach old dogs new tricks. When I look back to the responses from people who I spoke to about Bitcoin, the older generation didn't even want to listen and just nodding through the conversation, kind of letting me know, that this is just a scam and I am just naiv about it. I hope I will be taught a better.