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

[patmast3r]

Exchanges don't increase their importance score if people move unvested funds there. And usually people send their funds there to sell it, so it gets send out unvested again. If you read NEM Technical Reference (http://blog.nem.io/nem-technical-report/) you should understand that this is not helping the exchange's importance score.

I don't know why people use exchanges as wallets. That is just risky and has zero advantages.

I've been told they do it because it's more convenient. They use it as sort of online wallet. I don't understand why anyone would but appearantly that's it.

[evi_stale]

I still don't understand how the vested balance is calculated. This is what happened.

I had 200K fully vested. Then I sent 5K from Poloniex to my account. My vested balance started to increase to about 202K. I decided to sent the 5K back to Poloniex. After I've done so my vested balance has decreased to 194K. How is this possible? It looks like the more you send the lower your POI becomes???

[Lorenzo]

Exchanges don't increase their importance score if people move unvested funds there. And usually people send their funds there to sell it, so it gets send out unvested again. If you read NEM Technical Reference (http://blog.nem.io/nem-technical-report/) you should understand that this is not helping the exchange's importance score.

I don't know why people use exchanges as wallets. That is just risky and has zero advantages.

I've been told they do it because it's more convenient. They use it as sort of online wallet. I don't understand why anyone would but appearantly that's it.

I'm guilty of occasionally using exchanges as wallets myself, although I know it's not a recommended practice to do so. Most altcoins don't have lightweight wallets developed for them such as Electrum and MultiBit so nine times out of ten, you're forced to download the entire blockchain. If you're interested in several different altcoins (and especially if you're a speculator/trader rather than a hodler), then it can be a real hassle to download and set up dozens of different wallets on a computer. Even worse, some altcoins like Dogecoin and the CryptoNote coins can have very large blockchains which would take ages to download on slower connections.

That being said, I don't keep a significant amount of coins on exchanges, and I definitely agree keeping anything more than pocket change on an exchange for extended periods of time is a bad idea.

[patmast3r]

I still don't understand how the vested balance is calculated. This is what happened.

I had 200K fully vested. Then I sent 5K from Poloniex to my account. My vested balance started to increase to about 202K. I decided to sent the 5K back to Poloniex. After I've done so my vested balance has decreased to 194K. How is this possible? It looks like the more you send the lower your POI becomes???

Taken from the tech reference:

Whenever an account receives XEM, the new XEM are added to the account’s unvested balance. When an account sends XEM, XEMs are taken from both the vested and the unvested balance, to retain the vested to unvested ratio.

[evi_stale]

I still don't understand how the vested balance is calculated. This is what happened.

I had 200K fully vested. Then I sent 5K from Poloniex to my account. My vested balance started to increase to about 202K. I decided to sent the 5K back to Poloniex. After I've done so my vested balance has decreased to 194K. How is this possible? It looks like the more you send the lower your POI becomes???

Taken from the tech reference:

Whenever an account receives XEM, the new XEM are added to the account’s unvested balance. When an account sends XEM, XEMs are taken from both the vested and the unvested balance, to retain the vested to unvested ratio.

Ah ok thanks for the explanation. I think I really should start reading the white paper 

[sasha35625]

Some good news is on the way, stay tuned

[punkrock]

Selling my Apple iPhone 6 for XEM / BTC!

Video for proof at YouTube: https://youtu.be/KKTqP_K01uI

ENGLISH
I am selling my Apple iPhone 6 (128 GB, spacegrey, like new, no scarcities, no scratches, fully working), inclusive ZAGG Invisible Shield Screen Protection HDX (one of the three screen protections is already fixed on the iPhone since day 1!), Apple leather case and a Apple 12W USB Power Adapter for extrem fast charging. I bought everything in Decembre 2014 (bills will be shipped). Free & fully insured WORLDWIDE shipping!


GERMAN
Ich verkaufe mein Apple iPhone 6 (128 GB, spacegrau, wie neu, keine Mängel, keine Kratzer, voll funktionsfähig), inklusive ZAGG Invisible Shield Display-Schutz HDX (eine der drei Display-Folien ist bereits seit Tag 1 auf dem iPhone angebracht!), Apple Leder-Schutzhülle und ein 12 Watt USB-Netzteil, für extrem schnelles Laden. Ich habe alles im Dezember 2014 gekauft (Rechnungen werden mitgeschickt). Kostenloser & versicherter Versand WELTWEIT!

1x	Original Apple iPhone 6 (128 GB):		979,- € ($ 1.115)
1x	Original Apple Leather Case:		39,- € ($ 44,42)
1x	Original Apple iPad / iPhone 6 Charger:		40,- € ($ 45,56)
3x	Original ZAGG Invisible Shield HDX:		65,- € ($ 74,04)
	Gesamtwert / Total value:		1123,- € ($ 1.279)

Price: 6,500,000 XEM or 4.5 BTC (940,- € / $ 1.071,-)
Mail: ipunkrock@web.de
Bitcointalk: punkrock
NEM forum: punkrock

[cryptonikus]

Until now, in all projects I was following, release of white paper brought fall in price.
Something was done right or we are really leaving the initial dumping phaze. 

[mrvegad]

yes rigel a proper usable functioning p2p exchange is the way forward and i'd go as far as saying is a crucial element in keeping cryptos on the decentralised path.

There has been talk of P2P exchanges for a while but so far, none have caught on. Most of it still seems to be confined to theory at this stage with few, if any practical examples to show for it.

Like Monero is a fork of Ducknote (Bytecoin), probably a fork of NEM vould be more successful especially if ran by somebody who knows how to hustle and market.

Monero wasn't a fork of duckNote (now rebranded as DarkNote). Rather, both coins were forked directly from Bytecoin. A NEM clone probably wouldn't be very successful. NXT has had a few clones and most of them have failed despite the fact that NXT also has the added disadvantage of (percieved) unfair distribution and lack of marketing skills.

Additionally, NEM still has the unfair and incorrect perception of being a NXT clone despite having had an original codebase for quite some time now. A NEM clone would be viewed by many as being a clone of a clone.

Qora and Burst have solved this, you can now trade exchange one for another within the clients, no external exchanges need. Here is more details https://bitcointalk.org/index.php?topic=1015379.msg11404983#msg11404983

[SchwarzerKrauser1]

Hi together,

how long must i wait for my stake?
I give makoto since over one month my NEM adress... and i never recieve my nem ( because of the sockpuppet list)

i think slowly that you forget me.

[msin]

Taun give it a rest.

NEM a scam?!   

I'm curious - when did you turn on NEM and why? I dont check the board as often as I used to and am genuinely curious.  I thought you were a huge NEM fan.

He was a fan, until his sock account stakes were removed in the last cleansing before launch.

[Lorenzo]

yes rigel a proper usable functioning p2p exchange is the way forward and i'd go as far as saying is a crucial element in keeping cryptos on the decentralised path.

There has been talk of P2P exchanges for a while but so far, none have caught on. Most of it still seems to be confined to theory at this stage with few, if any practical examples to show for it.

Like Monero is a fork of Ducknote (Bytecoin), probably a fork of NEM vould be more successful especially if ran by somebody who knows how to hustle and market.

Monero wasn't a fork of duckNote (now rebranded as DarkNote). Rather, both coins were forked directly from Bytecoin. A NEM clone probably wouldn't be very successful. NXT has had a few clones and most of them have failed despite the fact that NXT also has the added disadvantage of (percieved) unfair distribution and lack of marketing skills.

Additionally, NEM still has the unfair and incorrect perception of being a NXT clone despite having had an original codebase for quite some time now. A NEM clone would be viewed by many as being a clone of a clone.

Qora and Burst have solved this, you can now trade exchange one for another within the clients, no external exchanges need. Here is more details https://bitcointalk.org/index.php?topic=1015379.msg11404983#msg11404983

Yeah, I just found out today. It's definitely a significant leap forward but I still think we've still got a long way to go before the technology can be developed enough to the point where it can begin to replace traditional centralized exchanges. People have talked about decentralized P2P exchanges for years, and only just now are we starting to see the beginnings of it being actually implemented in practice. It's still not certain if any coins other than Qora and BURST will integrate ACCT (since any coins that choose to do so will need to hard fork) and the interface doesn't look particularly user-friendly either.

Also, I just started reading the NEM whitepaper. Gotta say it's probably one of the prettiest and most well organized whitepapers I've ever seen.

[greentea]

Also, I just started reading the NEM whitepaper. Gotta say it's probably one of the prettiest and most well organized whitepapers I've ever seen.

Yes beautifully written ... nice to see price and volume picking up as well!

[mixmaster]

Hi together,

how long must i wait for my stake?
I give makoto since over one month my NEM adress... and i never recieve my nem ( because of the sockpuppet list)

i think slowly that you forget me.

No worries, the payouts are sent out at a rate of 10-20 stakes per day. The order is random. Please be patient, thank you.

[mill0601]

Hi together,

how long must i wait for my stake?
I give makoto since over one month my NEM adress... and i never recieve my nem ( because of the sockpuppet list)

i think slowly that you forget me.

Activity of 8 and only ever posted in nem? I believe you have been deemed a sockpuppet and im sure the community would agree.

[TaunSew]

Also, I just started reading the NEM whitepaper. Gotta say it's probably one of the prettiest and most well organized whitepapers I've ever seen.

Yes beautifully written ... nice to see price and volume picking up as well!

It's falling..  nem droppeded   

[mixmaster]

I like the low volatility of XEM
Low volatiliy + slow but steady growth is perfect

[msin]

http://cointelegraph.com/news/114289/nem-technical-reference-introduces-reputation-enhanced-proof-of-importance

[Anon136]

NEM still only top 25, even dumb $hitcoins are beating it.  

Like Monero is a fork of Ducknote (Bytecoin), probably a fork of NEM vould be more successful especially if ran by somebody who knows how to hustle and market.

That analogy would only be apt if NEM was demonstrably a premined scam, like bytecoin was. Monero is a great project, it is not a "$hitcoin". Cryptonote is an amazing platform and monero is the cryptonote project that has the most developed network.

[dandruff1138]

Until now, in all projects I was following, release of white paper brought fall in price.
Something was done right or we are really leaving the initial dumping phaze. 

i noticed that too.. too many times the white paper of a coin turned out a disappointment, thus a dump followed.. nem devs blew all other coins white papers out of the water! far exceeded my (very high) expectations. could be a combo of both leaving dump phase and release of a seriously good white paper.

I think you are missing the point that we are at 70 sats, that is 7/100000000. I doubt it can get much lower. There are dead coins trading for more. Lets see some real action.