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

[bitalk1]

You can now track Symbol on: https://coinmarketcap.com/currencies/symbol/
https://twitter.com/NEMofficial/status/1373359638930845696

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[DGBfanster]

Devs making a lot of money in this XYM scam. Only listed in a single exchange and 99% of the people who opted-in haven't received their XYM yet, so they go on selling at these 60 cents prices and when the hodlers get their XYM they dump down to 10 cents

[NorrisK]

I'm impressed with the delgated harvesting yields of symbol compared to XEM.

The block bonus rewards really add up at this moment. Might be due to limited harvesting nodes/delegated stakers?

[btcsmlcmnr]

Devs making a lot of money in this XYM scam. Only listed in a single exchange and 99% of the people who opted-in haven't received their XYM yet, so they go on selling at these 60 cents prices and when the hodlers get their XYM they dump down to 10 cents

A single exchange?

Do you only know and use coinmarketcap to track price of XYM?
Coingecko is faster than coinmarketcap to list XYM and add available exchanges for the coin: https://www.coingecko.com/en/coins/symbol#markets. I can confirm you XYM has been listed and traded on 4 exchanges: Gate.io, AEX, Probit and Bittrue. More will be added to the list soon.

You can think of the question, if Binance distributed and listed XYM to your account sooner, do you sell your XYM at $0.4, not at $0.7 today as it was pumped on Gate.io hours ago?

So if Binance list XYM and price takes off to $1 or $1.5, what do you think?

People said NEM is scam because price was halved before the snapshot and did not rally days after it. When XYM has a good beginning price on Gate.io and was stable in a few days, they get a draw with investment before the snapshot, they still call NEM and XYM are scam. Seriously?

[jkoil]

Possibly some errors occured in Opt-in or later ... ?

https://forum.nem.io/t/symbol-opt-in-when-should-i-expect-to-see-xym-in-my-wallet/29061/25

Was there some XEM limit for Opt-in accounts?   E.g. if the account  had too few XEMs, then for it is not created the XYM-account?

Hopefully there is not anything "fundamentally" wrong ...  it should have been quite straightforward after the Symbol-accounts were defined.
E.g. in February I found my XYM-account from the account explorer with the importance 0.017282 % and everything seemed to be ok.

Now I cannot acces that XYM-address in the XYM-wallet, tho gave the correct mnemomic.
And the account is not found from the http://explorer.symbolblockchain.io/accounts/NCEW6I*  ... just saying "This account does not have a public key yet".

Was there some XEM limit for Opt-in accounts?   E.g. if the account  had too few XEMs, then for it is not created the XYM-account?
(Before the snapshot I moved most of account's XEMs away, coz had unidentified problems with Win10 and the XYM-wallet)


Edit: if there has happened some error, then here is one guess/solution: the reason was in the loop, where some items were removed/skipped
       As a reward I could receive the silver coin fund's content

[gramufibus]

Possibly some errors occured in Opt-in or later ... ?

https://forum.nem.io/t/symbol-opt-in-when-should-i-expect-to-see-xym-in-my-wallet/29061/25

Was there some XEM limit for Opt-in accounts?   E.g. if the account  had too few XEMs, then for it is not created the XYM-account?

Hopefully there is not anything "fundamentally" wrong ...  it should have been quite straightforward after the Symbol-accounts were defined.
E.g. in February I found my XYM-account from the account explorer with the importance 0.017282 % and everything seemed to be ok.

Now I cannot acces that XYM-address in the XYM-wallet, tho gave the correct mnemomic.
And the account is not found from the http://explorer.symbolblockchain.io/accounts/NCEW6I*  ... just saying "This account does not have a public key yet".

Was there some XEM limit for Opt-in accounts?   E.g. if the account  had too few XEMs, then for it is not created the XYM-account?
(Before the snapshot I moved most of account's XEMs away, coz had unidentified problems with Win10 and the XYM-wallet)


Edit: if there has happened some error, then here is one guess/solution: the reason was in the loop, where some items were removed/skipped
       As a reward I could receive the silver coin fund's content

I hope You didn't move Your xem before the snapshot happened? It needed to be in Your opt-in account at the time of the snapshot! I think the minimum was 100 xem, so if You didn't have at least 100, the account was not recorded in the snapshot.

[jkoil]

..
Was there some XEM limit for Opt-in accounts?   E.g. if the account  had too few XEMs, then for it is not created the XYM-account?
(Before the snapshot I moved most of account's XEMs away, coz had unidentified problems with Win10 and the XYM-wallet)

..

I hope You didn't move Your xem before the snapshot happened? It needed to be in Your opt-in account at the time of the snapshot! I think the minimum was 100 xem, so if You didn't have at least 100, the account was not recorded in the snapshot.

Moved to Exchange, which was in the list of 'XYM-snapshot supported'. So, I expect to get the XYMs ...
Left under 100 XEM to that opt-in-account, which then explains the current "invisibility".

[ozie]

So far everything "wrong" with the snapshot was down to individual mistakes. Everything really worked out as planned and the XYM chain is going strong.

New harvesting rewards are really great, now it is worthwile running a node and harvesting on it. Already reflects in the amount of Symbol nodes in the network which is nearly at 1000 right now. Pretty sure XEM newer came close to these figures in its history.

As for the exchanges not sure how much influence the NEM group has in the distribution process. I mean Poloniex has never even managed to implement the new fee model for XEM withdrawals wasting 100+ XEM for each transaction.

[btcsmlcmnr]

HBTC is the newest exchange that lists Symbol (XYM)

Symbol has good movements on the market to trade in the past week and I think with exchanges gradually list Symbol, there will be more opportunities to trade with it.
Binance is still silent about their distribution or listing but soon they will. Altcoin with big trading volume as Symbol won't be ignored by Binance. That exchange needs traffic and money as CZ admitted after the drama with Sushiswap in 2020.

I will wait for price at $10 or $20 for Symbol. NEM will slowly rally too. I experienced crazy time with altcoins in 2017 and 2018 so this year I won't repeat my mistakes.

[freigeist]

As for the exchanges not sure how much influence the NEM group has in the distribution process. I mean Poloniex has never even managed to implement the new fee model for XEM withdrawals wasting 100+ XEM for each transaction.

WHAT are you talking about?
You say poloniex has 100xem fee to withdraw?
If so, this is a scam and they are scamming people of their money.
It costs about 1.25 xem to send a transaction on NEM network
maybe max 1.5 if a message is included in the transaction.

[Richaerd]

Can you help me how to get my XYM? When I choose Nem Wallet Services and Symbol Opt In, systems writes that: "Opt In has finished, please update your wallet to get the latest details"....

[tyz]

As for the exchanges not sure how much influence the NEM group has in the distribution process. I mean Poloniex has never even managed to implement the new fee model for XEM withdrawals wasting 100+ XEM for each transaction.

WHAT are you talking about?
You say poloniex has 100xem fee to withdraw?
If so, this is a scam and they are scamming people of their money.
It costs about 1.25 xem to send a transaction on NEM network
maybe max 1.5 if a message is included in the transaction.

According to withdrawalfees.com, Poloniex has 15 XEM withdrawal fee. He probably meant HitBTC which has a withdrawal fee of 102 XEM. However, HitBTC generally has very high fees for the vast majority of altcoins. I have long wondered who voluntarily trades there.

Can you help me how to get my XYM? When I choose Nem Wallet Services and Symbol Opt In, systems writes that: "Opt In has finished, please update your wallet to get the latest details"....

Did you do Opt-In before snapshot? If so, just download the Symbol wallet from https://github.com/nemgrouplimited/symbol-desktop-wallet/releases and import your wallet key.

[ozie]

As for the exchanges not sure how much influence the NEM group has in the distribution process. I mean Poloniex has never even managed to implement the new fee model for XEM withdrawals wasting 100+ XEM for each transaction.

WHAT are you talking about?
You say poloniex has 100xem fee to withdraw?
If so, this is a scam and they are scamming people of their money.
It costs about 1.25 xem to send a transaction on NEM network
maybe max 1.5 if a message is included in the transaction.

They are paying most of the fee out of their own pocket. It does not cost you that much but they are paying the network way too much to accept the transfer. They have been doing this for years, no idea how it makes sense for them.

This for example is a recent withdrawal from Poloniex:


Hash               1db14ff628832fe0b449a4c34ee0519287d87d000cbeed935ec8d5df1f3652b3
Block             3120330
Timestamp     2021-03-22 14:26:06
Type               transfer
Sender           NBZMQO7ZPBYNBDUR7F75MAKA2S3DHDCIFG775N3D
Recipient        ND72SWJGHA7L7ECKIGWE5GLPSN5PYR6S3GZZOQBC
Amount          334,000
Fee                122.72027 !!!!
Message         298a3236-eaa1-47ac-813a-3ce5a9af999f

 

[pajak]

is there an info on how much XYM is held on Binance?

[tyz]

is there an info on how much XYM is held on Binance?

As far as I know there is no official info. Since Binance uses one XEM deposit address for all accounts (the assignment happens on the basis of the provided message), I would assume they also use one XYM address. Based on the richlist I would say that one of the top 3 addresses belongs to Binance and therefore you can estimate how many XYM are on Binance.

[btcsmlcmnr]

Annoucement for today

Binance distributed airdrop to NEM holders and they have yet announced any listing support for Symbol, before the snapshot and today. I don't think they will ignore a coin that gives them good trading volume like Symbol.

Price is unpredictable so in bull market, don't shake your hands too easily.

Symbol (XYM) Distribution Is Now Complete

[DGBfanster]

Annoucement for today

Binance distributed airdrop to NEM holders and they have yet announced any listing support for Symbol, before the snapshot and today. I don't think they will ignore a coin that gives them good trading volume like Symbol.

Price is unpredictable so in bull market, don't shake your hands too easily.

Symbol (XYM) Distribution Is Now Complete

Finally soon everyone can get rid of this scam coin and move on

[mishax1]

Selling 20,000XYM at $0.5
escrow only
XYM will be transferred once binance allows withdrawals.

P.M me if interested.

[ormin79]

Cut your losses and get the real NEM 2.0 - ProximaX.  

Yep and wait for Lon Wong show with false wechat hype. That can do the trick I will give that a shot. I like pump and dump schemes.

Huh losses. I someone accumulated XEMs under 10 cents, now he has XEMs for 34cents and XYMs for around 50 (and it was around 70 few days ago), yep definetly that are devastating losses.

[DGBfanster]

Cut your losses and get the real NEM 2.0 - ProximaX.  

Yep and wait for Lon Wong show with false wechat hype. That can do the trick I will give that a shot. I like pump and dump schemes.

Huh losses. I someone accumulated XEMs under 10 cents, now he has XEMs for 34cents and XYMs for around 50 (and it was around 70 few days ago), yep definetly that are devastating losses.

Yes it is devastating losses because XEM will go back to less than 10 cents by the end of this year and people will either cut the losses or die along with this PnD scheme.