NorrisK
Legendary
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Activity: 1946
Merit: 1007
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March 07, 2017, 12:59:27 PM |
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If the price of NEM ever does reach $1, of course supernodes will selling but it wont happen suddenly and people will sell in phases all the way up to that magic $1/Nem
I guess it's never going to happen next, and it sounds impossible. It does but you bought btc at $1 and someone said it would be worth $1200+ within a few years, it would sound impossible too. The one thing i know that nothing is impossible in crypto world, ofcourse it wont ever hit 1200$ because of supply but the possiblity of hitting 1$ is not that impossible. Maybe we should focus less on the price and more on the possibilities that NEM offers? Besides, 1 USD is still very far away, let's get to 0.1 USD first, which brings NEM to the market cap that ether had during its previous high.
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suky321
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March 07, 2017, 01:58:24 PM |
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If the price of NEM ever does reach $1, of course supernodes will selling but it wont happen suddenly and people will sell in phases all the way up to that magic $1/Nem, Also the supernode fund is deep so rewards can increase as supernode numbers fall to tempt others to run one.
At that time the cost of a supernode would be $3,000,000. Perhaps the devs would reduce the minimum balance as an incentive or change the daily reward.
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rendravolt
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March 07, 2017, 02:03:13 PM |
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If the price of NEM ever does reach $1, of course supernodes will selling but it wont happen suddenly and people will sell in phases all the way up to that magic $1/Nem, Also the supernode fund is deep so rewards can increase as supernode numbers fall to tempt others to run one.
At that time the cost of a supernode would be $3,000,000. Perhaps the devs would reduce the minimum balance as an incentive or change the daily reward. But now everything has changed.
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tolikkk
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March 07, 2017, 02:45:45 PM |
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If the price of NEM ever does reach $1, of course supernodes will selling but it wont happen suddenly and people will sell in phases all the way up to that magic $1/Nem, Also the supernode fund is deep so rewards can increase as supernode numbers fall to tempt others to run one.
At that time the cost of a supernode would be $3,000,000. Perhaps the devs would reduce the minimum balance as an incentive or change the daily reward. I think that it will be revised in the direction of reduce rates in your purse, otherwise it may be unchanged, but with reputable companies, here are a few questions, one of which is the status of the host is not changed the condition stipulated in the white paper, I think, these issues will be rising in the future
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rigel
Legendary
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Activity: 1240
Merit: 1001
Thank God I'm an atheist
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March 07, 2017, 05:23:13 PM |
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I wonder if one day they will lower the amount of XEM you need to run a supernode,3 million is super expensive now, i think for purposes of decentralization... they gotta do it.
Has been discussed before. I don't think it will happen. Increasing the number of supernodes would reduce profitability It will reduce profitability but will it not strengthen the network even more? I'm not sure about this... What if people start using low end VPSs because of reduced profit?
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ApexEvo
Sr. Member
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Activity: 280
Merit: 250
🌟 æternity🌟 blockchain🌟
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March 07, 2017, 08:28:58 PM |
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Hey guys, Im original investor of NEM and very happy with progress team achieved, but Im reading more and more about quantum computers, seems that IBM will offer some basic form of quantum computation this year. How is NEM standing in resistence towards quantum computation?
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gbcholgi
Newbie
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Activity: 16
Merit: 0
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March 07, 2017, 08:57:34 PM |
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Hi, is there a posibility to get Xem directly with € ?
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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March 07, 2017, 09:40:37 PM |
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How is NEM standing in resistence towards quantum computation?
Same could be asked about any cryptocurrency. Firstly, quantum computers are not anywhere near powerful yet to achieve these tasks. Secondly, the algorithms in NEM are pretty well written and are designed in such a way that would make it very difficult to crack. But I Believe the only way to make something quantum proof is if it was written on a quantum computer itself. People are exploring ways currently to make something binary quantum proof, but we will wait and see. We have many years until we need to worry about this.
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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teletobi
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March 08, 2017, 12:11:04 AM |
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@suky321: Daily SN payout is between 380 and 450 the last weeks, not 500. There are 140.000 xem distributed every Day.
@nzminer: IOTA is claiming to be quantum proof.
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nzminer
Legendary
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Activity: 1918
Merit: 1001
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March 08, 2017, 12:39:51 AM |
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@nzminer: IOTA is claiming to be quantum proof.
Yes I believe so. Is this to do with the use of the Jinn ternary processor project?
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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March 08, 2017, 12:43:09 AM |
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How can you be proofed against something that doesn't exist yet?
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KimNg
Member
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Activity: 169
Merit: 10
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March 08, 2017, 02:00:29 AM |
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How can you be proofed against something that doesn't exist yet?
Correct, proof is the wrong word. IOTA is quantum-resistant because it uses Winternitz signing. NEM and IOTA are my top picks. They are two of the most innovative platforms out there. Potential++
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howi53
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March 08, 2017, 07:53:15 AM |
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Hi, is there a posibility to get Xem directly with € ?
I think changelly.com will work. As far as I know they accept Visa and Mastercard. Please let me know if it is true. But reverse (XEM to Euro) not.
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Life is like a chicken ladder - short and shitty
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cryptonit
Legendary
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Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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March 08, 2017, 09:27:06 AM |
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If the price of NEM ever does reach $1, of course supernodes will selling but it wont happen suddenly and people will sell in phases all the way up to that magic $1/Nem, Also the supernode fund is deep so rewards can increase as supernode numbers fall to tempt others to run one.
At that time the cost of a supernode would be $3,000,000. Perhaps the devs would reduce the minimum balance as an incentive or change the daily reward. dont forget supernodes is a temporary thing NEM is designed around harvesting tx fees supernodes only simulate tx fee income from a fund pot which when it is empty supenode payouts will stop too as i understand the supernode payout will run max 2 or 3 years in that timeframe the daily tx volume and possible to harvest fee income should generate a similar income stream never forget XEM is zero inflation there is no coins come out of nothing
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PovertyByte
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March 08, 2017, 09:52:49 AM |
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I have a wallet harvesting question
I got 700 XEM on the android mainnet beta wallet. I looked at it and over 600 is vested towards harvesting now. I thought there was a minimum limit to begin harvesting.
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freigeist
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March 08, 2017, 10:38:04 AM |
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I have a wallet harvesting question
I got 700 XEM on the android mainnet beta wallet. I looked at it and over 600 is vested towards harvesting now. I thought there was a minimum limit to begin harvesting.
I think the minimum limit is 10000 xem vested to start harvesting. If you want to start harvesting fund your wallet with 100 000 xem so that you don't have to wait long time before this amount of 10000 get vested.
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seek4dream
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March 08, 2017, 12:58:07 PM Last edit: March 08, 2017, 01:09:28 PM by seek4dream |
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My NEM wallet worked well yesterday. After computer crash, it won't work. it says "NIS is running(booted).NCC is stopped" . I reinstalled the wallet but it doesn't work. Whatt should be done?
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kauppalahti
Full Member
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Activity: 235
Merit: 110
HAVUJA PERKELE!
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March 08, 2017, 01:02:21 PM |
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I have a wallet harvesting question
I got 700 XEM on the android mainnet beta wallet. I looked at it and over 600 is vested towards harvesting now. I thought there was a minimum limit to begin harvesting.
I think the minimum limit is 10000 xem vested to start harvesting. If you want to start harvesting fund your wallet with 100 000 xem so that you don't have to wait long time before this amount of 10000 get vested. @Freigeist is back! Hi there!
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BloodyRookie
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March 08, 2017, 01:22:49 PM |
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My NEM wallet worked well yesterday. After computer crash, it won't work. it says "NIS is running(booted).NCC is stopped" . I reinstalled the wallet but it doesn't work. Whatt should be done?
try deleting c:\users\<your_user>\nem\ncc\accounts_cache_mainnet.json
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Nothing Else Matters NEM: NALICE-LGU3IV-Y4DPJK-HYLSSV-YFFWYS-5QPLYE-ZDJJ NXT: 11095639652683007953
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seek4dream
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March 08, 2017, 01:27:49 PM |
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My NEM wallet worked well yesterday. After computer crash, it won't work. it says "NIS is running(booted).NCC is stopped" . I reinstalled the wallet but it doesn't work. Whatt should be done?
try deleting c:\users\<your_user>\nem\ncc\accounts_cache_mainnet.json It works again. Many thanks.
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