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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2984064 times)
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nzminer
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August 25, 2016, 12:55:36 AM
 #26101


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

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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August 25, 2016, 12:56:20 AM
 #26102


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.
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August 25, 2016, 01:01:19 AM
 #26103


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.

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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August 25, 2016, 01:14:50 AM
 #26104


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.
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August 25, 2016, 03:24:06 AM
 #26105


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.

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August 25, 2016, 04:21:28 AM
 #26106


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?
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August 25, 2016, 04:47:40 AM
 #26107

You need at least 3000030 XEM (3 Mio + 30 ) for a supernode.
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August 25, 2016, 05:38:06 AM
 #26108

You need at least 3000030 XEM (3 Mio + 30 ) for a supernode.

Wow. At current price that is 30BTCs. Goodness.
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August 25, 2016, 06:03:42 AM
 #26109

does anyone know what this article is about?
http://jp.techcrunch.com/2016/08/25/zaica/
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August 25, 2016, 07:58:13 AM
 #26110

does anyone know what this article is about?
http://jp.techcrunch.com/2016/08/25/zaica/


Translated for you Smiley

https://translate.google.co.nz/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=jp.techcrunch.com%2F2016%2F08%2F25%2Fzaica%2F&edit-text=&act=url

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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August 25, 2016, 02:00:26 PM
 #26111

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.
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August 25, 2016, 02:11:27 PM
 #26112

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.

Request / 26th September / 2022 APP-06-22-4587
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August 25, 2016, 02:18:00 PM
 #26113

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.
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August 25, 2016, 03:22:00 PM
 #26114

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.
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August 25, 2016, 03:36:00 PM
 #26115

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.
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August 25, 2016, 03:41:08 PM
 #26116

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.

the point is: i like xem, i would like to support xem... but still, i dont think it worth.
i can only make a critique if it is positive?
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August 25, 2016, 03:46:55 PM
 #26117

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.

the point is: i like xem, i would like to support xem... but still, i dont think it worth.
i can only make a critique if it is positive?

Of course no, but its your opinion. I am a early supporter of xem. I got a memberstake for free and bought more coins at low price. Now i have enough for a supernode and can support xem and made also some profit. I need no more.
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August 25, 2016, 03:51:45 PM
 #26118

NEM is Up  Kiss
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August 25, 2016, 03:55:50 PM
 #26119

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.

the point is: i like xem, i would like to support xem... but still, i dont think it worth.
i can only make a critique if it is positive?

Of course no, but its your opinion. I am a early supporter of xem. I got a memberstake for free and bought more coins at low price. Now i have enough for a supernode and can support xem and made also some profit. I need no more.

well, in your case i totally agree. a node is good choice.
but i think it would be good for XEM if they find a way that does not prejudice the old investors and still encourages new comers... specially because xem price will increase more and more and the node will be even more dificult to achieve.

anyway, is just my opinion.
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August 25, 2016, 04:08:22 PM
 #26120

The LIQUI EXCHANGE promise 24% per year profit, or 0.066% per day. Polo +- the same. 0.066% from 3m is 2000 xem per day.
  Problem is that they accept only BTC for this purpose. And if i sell all my xem today, and xem price skyrocket next day, i lost much more coins then 2000 Grin

so there is no correct answer to the question "do i need sell 3m xem and give 30btc to polo landing, or keep running a supernode to take more profit"
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