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

[Dr Charles]

How much NEM is good to start harvesting and having any real profit out of it?
Thx

In order to harvest you need a vested balance of at least 10,000. There is no real way to calculate profit because harvesting is sort of a luck game and it is based on your wallet importance level. Some blocks harvested will have fees included, which you get to keep. Other will have a zero balance. I have about 25k vested balance right now and have been harvesting for about a week and have only harvested two blocks. One had a little over 17 XEM and the other had zero.

[jkoil]

XEM was dumped so hard yesterday. Glad to see it's going up again and will break 10k sat soon.

Actually its a price correction, its not a dump. if you follow NEM carefully in the past 2 weeks or months,  its most stable point is from 6k sats to 7k sats, Now its still ahead, Correction is much needed for a more healthy rise, means the investors is holding and appreciating the project.

yes, so would I think too.

It seems like here or there (in the exchanges) is traders who have no experience about the common stock markets. From the virtual environments the only thing they have learnt is "the course is pumped or dumped, nothing else matters"

[TheHunt3r]

How much NEM is good to start harvesting and having any real profit out of it?
Thx

In order to harvest you need a vested balance of at least 10,000. There is no real way to calculate profit because harvesting is sort of a luck game and it is based on your wallet importance level. Some blocks harvested will have fees included, which you get to keep. Other will have a zero balance. I have about 25k vested balance right now and have been harvesting for about a week and have only harvested two blocks. One had a little over 17 XEM and the other had zero.

The only indicator of knowing we're harvesting is that is says that delegated harvesting is activated?

[Aerys2]

Whats thé next news for thé next 2 weeks on Nem?

[dissident]

Good to shake out the weak hands and those taking profits.... long term this coin will be the bitcoin killer, not ethereum which can do maybe 16 transactions per second, but this coin, which will be able to do 3000 transactions per second, with the scalability Mijin and Catapult bring to the table.  Really that's what the real world is looking for first and foremost.. an application platform can be built on any old coin now since they opened sourced everything... it's one reason I don't think they should open source the entire NEM/Mijin code.... what's the incentive to invest in a coin when any firm can simply copy the coin with no legal repercussions?  Your source code is your ability to license it out.. it's your intellectual property.

NEM has something no other coin really has now with Mijin, just like Xtrabytes has it's static node tech.. I don't think either of these coins should just open source this, personally. If you care about return on investment, it's not such a bad thing to have trade secrets...

I was quite disheartened yesterday...quite the opposite today. Good to see that the market has some resilience and that a massive pullback is seen as a buying opportunity, not a reason to abandon/avoid crypto.

Praying for some big things here of course...10-20x would suit me quite well

Dissident-you've mentioned Xtrabytes a few times now. Without going too far off topic, why do you think their tech is not just interesting, but worth investing in?

I like the static node technology. In theory it's unhackable if you read a little bit into it. Combined with a lowish market cap I'm willing to give it some investment money.  It started out as a scam coin and a talented programmer decided in conjunction with another person to take over the coin before it died and hopefully recoup some of their losses from the scammer who left. They are in the process of creating a new blockchain to replace the original chain, which they dub the "static" chain. Once this is done they will retire the old chain completely, and from there development continues.

NEM is far more advanced and polished as a coin and I'm not convinced the static node tech is even needed compared to NEM's proof of importance and supernodes but it's an interesting tech nonetheless.  I still think NEM could be the coin that takes over bitcoin's role and takes the king spot. In all the articles, particularly the latest article where they talk about Fidelity and Coinbase teaming up to show your coinbase account information on your Fidelity account, they talk about bitcoin's limitations when Fidelity employees were trying to use it, namely the slow transaction speed. NEM solves this problem, and no coin comes close to the scalabliity of NEM, so NEM is still my baby. Plus it has a good logo, simple yet effective name, and good team behind it.  

https://medium.com/nem-distributed-ledger-technology-blockchain/hitachi-and-tech-bureau-building-nem-based-blockchain-platform-in-japan-1fb4714392af

[Thingamajig]

XEM was dumped so hard yesterday. Glad to see it's going up again and will break 10k sat soon.

Actually its a price correction, its not a dump. if you follow NEM carefully in the past 2 weeks or months,  its most stable point is from 6k sats to 7k sats, Now its still ahead, Correction is much needed for a more healthy rise, means the investors is holding and appreciating the project.

Agreed. i think in the short term nem is going to correct ot around the 7000-8000 sats range, and probably hang around this region for at least a month or so before we start seeing market movements up again to similar levels.

[suky321]

How much NEM is good to start harvesting and having any real profit out of it?
Thx

In order to harvest you need a vested balance of at least 10,000. There is no real way to calculate profit because harvesting is sort of a luck game and it is based on your wallet importance level. Some blocks harvested will have fees included, which you get to keep. Other will have a zero balance. I have about 25k vested balance right now and have been harvesting for about a week and have only harvested two blocks. One had a little over 17 XEM and the other had zero.

The only indicator of knowing we're harvesting is that is says that delegated harvesting is activated?

...and join the telegram bot channel @NemNotifications to receive updates on transactions and harvesting blocks.

[NorrisK]

Just my luck.. Started harvesting today, found a block in a few mintues but it was empty

Hope to harvest a nicely loaded block soon!

[colombuszka]

Just a little correction guys, do not panic. Will increase again in the future.

[pfrtlpfmpf]

Just my luck.. Started harvesting today, found a block in a few mintues but it was empty

Hope to harvest a nicely loaded block soon!

Keep searching, i found a block, loaded with xems, i´m living proof, it can pay of, but my importance is eight point eight, not to show of here, but once you have importance, it keeps rolling in !

[cryptodax]

Just my luck.. Started harvesting today, found a block in a few mintues but it was empty

Hope to harvest a nicely loaded block soon!

Keep searching, i found a block, loaded with xems, i´m living proof, it can pay of, but my importance is eight point eight, not to show of here, but once you have importance, it keeps rolling in !

How to gain bigger importance?

[rigel]

Just my luck.. Started harvesting today, found a block in a few mintues but it was empty

Hope to harvest a nicely loaded block soon!

Keep searching, i found a block, loaded with xems, i´m living proof, it can pay of, but my importance is eight point eight, not to show of here, but once you have importance, it keeps rolling in !

How to gain bigger importance?

Just buy more xems

[kocodile]

when nem will roll out the new marketing plan?
when nem will roll out the new website?

this situation is becoming laughable .

we need precise answers.
we are investing our families saving here

i still think the nem bizarre marketing SUCKS

with the tech that we have we should be at 4 billions by now

[lordoliver]

when nem will roll out the new marketing plan?
when nem will roll out the new website?

this situation is becoming laughable .

we need precise answers.
we are investing our families saving here

i still think the nem bizarre marketing SUCKS

with the tech that we have we should be at 4 billions by now

Your problem is, that you do wrong.
You just DON'T invests family savings, that you need to feed your kids. You DON'T!
Just invest, what you can afford to loose. And then you can also have the patience you need now.

[pfrtlpfmpf]

when nem will roll out the new marketing plan?
when nem will roll out the new website?

this situation is becoming laughable .

we need precise answers.
we are investing our families saving here

i still think the nem bizarre marketing SUCKS

with the tech that we have we should be at 4 billions by now

Who said you have to invest your family savings ?

[sorrisoporcino]

Excuse me the question...

If i have nanowallet, and I downloaded app for iphone, Is like having 2 wallets?

Is there a way to link accounts?  

sorry i'm noob here

[CurlyBrace]

when nem will roll out the new marketing plan?
when nem will roll out the new website?

this situation is becoming laughable .

we need precise answers.
we are investing our families saving here

i still think the nem bizarre marketing SUCKS

with the tech that we have we should be at 4 billions by now

I wouldn't worry about that before August results. Also the whole market is down now.

To All: Do we have a telegram chat or something?

[kocodile]

when nem will roll out the new marketing plan?
when nem will roll out the new website?

this situation is becoming laughable .

we need precise answers.
we are investing our families saving here

i still think the nem bizarre marketing SUCKS

with the tech that we have we should be at 4 billions by now

Your problem is, that you do wrong.
You just DON'T invests family savings, that you need to feed your kids. You DON'T!
Just invest, what you can afford to loose. And then you can also have the patience you need now.

i invested the family saving on Nem because i am sure of the bright future of nem
i just dislike the marketing side .
they ignore the crypto space,  not wise not wise
imo Marketing should be divided 50% crypto + 50% non crypto .

[lordoliver]

...
i invested the family saving on Nem because i am sure of the bright future of nem
i just dislike the marketing side .
they ignore the crypto space,  not wise not wise
imo Marketing should be divided 50% crypto + 50% non crypto .

You can't be sure of anything in crypto. No matter which coin. Can be BTC, ETH or NEM.
There can be an incident and nem is worth zero tomorrow. Its unlikely but possible.
Pull back any investments, that you are not comfortable after rethinking about it!

[kocodile]

...
i invested the family saving on Nem because i am sure of the bright future of nem
i just dislike the marketing side .
they ignore the crypto space,  not wise not wise
imo Marketing should be divided 50% crypto + 50% non crypto .

You can't be sure of anything in crypto. No matter which coin. Can be BTC, ETH or NEM.
There can be an incident and nem is worth zero tomorrow. Its unlikely but possible.
Pull back any investments, that you are not comfortable after rethinking about it!

ethereum had a big incident   they just rolled back the blockchain and they are worth more now.
i am not scared of blockchain incidents,
if the worst scenario happen  there will be a rolling back option on the table.
nem went through extensive test before it get released.
its unlikely we will have an incident like ether.

i am just feeling sad watching a good product like nem, getting a low level marketing.