dissident
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June 08, 2017, 04:02:14 PM |
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The reason many of those other coins are more popular is they started out as POW or hybrid coins so they have the mining whales promoting them. Supernode requirements are too high right now and a lot of the early whales control all the nodes and get all the fees with NEM. Popularity might increase if supernode requirement was reduced to 250K. Regular nodes simply don't get enough of the fees to make it worth their while. You might be able to get whales to buy up 250K nem, but they're not going to buy up 3 million NEM.. never. gonna. happen.
Whether people want to admit it or not, this coin is fairly centralized due to the 3 million supernode requirement. It's my one criticism with NEM, just like I criticize Xtrabytes for having all their static nodes tied up in the hand of early investors who got the coin for next to nothing. Of course, if you make the supernode requirement 250K, a lot of early supernode holders might dump a bunch of NEM. If that happens it will be a healthy thing in the long haul.
Have to think 10 steps ahead, not worry about maintaining the status quo and the current market cap.
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pfrtlpfmpf
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June 08, 2017, 04:12:29 PM Last edit: June 08, 2017, 04:32:42 PM by pfrtlpfmpf |
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Now we recently reached number 4, people started to turn their backs on us. Haven't you seen Ripple dying already? The same fate waits us. Just look at NVO.io. They have adopted the first top 3 coins and many other coins under us like ETC and LTC. they simply skipped us even though these guys know lots about crypto. There must be something wrong with Nem.
If we don't do our best to keep to advance our place on the coinmarketcap, it will slowly slide backwards behind etc and ltc.
Never heard of NVO.io still seems like pie in the sky at the moment. I do agree NEM needs to get on more exchanges, being the top POS(I) coin with such small volume. Agrello (legally binding smart contract provider) plans to use NEM on its mulit-blockchain platform https://blog.agrello.org/agrello-homesteads-on-ethereum-but-remains-compatible-with-other-ecosystems-6669e0b572f0No idea what smart contracts are and how they are useful to us or companies. Are they popular and is there a chance that they may be used by many? Haven't heard of Agrello either. I know I should already know by now what smart contracts are and mosaics etc, but I really still don't after all these years in crypto. I have no idea how to use it or what I can use it for. Hell, smart contracts, yeah. Or, ehm, i don´t know. In public its just about coins, thats as far as crypto in public understanding goes, for the moment, and even thats to much. But lets start as a coin, which is: no energy waster, 1 minute blocktimes, beautiful wallet, delegated harvesting, smart phone wallet, ios and android, exchanges, we will improve on, what else? How to make newbies interrested at their level. For any newbie: lately i made a transaction, thinking, i´ll go to toilet meanwhile, when i came back, my wallet was sitting there, asking me: What else, master ? I think, i´m boring my wallet  Wheras my bitcoin-wallet . . . You know the rest of the story.
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Schreck
Newbie
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Activity: 2
Merit: 0
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June 08, 2017, 04:20:22 PM |
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Hi gents,
i was sending 480 Coins to test, is test a really adress or have change to get the coins back?
thx you for helping me
cheers
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TraderInc
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June 08, 2017, 04:33:42 PM Last edit: June 08, 2017, 04:47:33 PM by TraderInc |
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Hello Hopefully Someone Here can give me the right advice or guide me.
A Little About me:
- I am an Investor.
- I am not a programmer
- I am very much interested in investing/purchasing NEM/XEM
But here are the Hurdles I faced:
- When I tried to create a Nem Wallet
- There is an issue with Mac/Safari.
I am not sure If this issue is only with Safari or Mac itself.
Anyways, this is not a big issue since I can easily create one and use a Windows computer.
yet I was wondering what would be the best way If I just got chrome for Mac ? (i.e if its just a Safari issue)
or lets just keep this simple and I have no problem using my PC to create this wallet.
What Further Discouraged Me
What further has discouraged me is that you have to Harvest your NEM/XEM coins.
So my question is what If I am an investor and I just buy the coins and do not harvest them or anything. Are they still Good coins. What happens ?
- However, harvesting should Not be rocket science and what If I even take this step and learn how to harvest. No problem.
Then, I Further started reading that the way NEM/XEM works is that If I do harvest my coins, then Other NEM/XEM owners can access my Computer/PC.
I certainly do not want anyone accessing my computer because I at least have some important information in each of my computers.
Now, I am thinking If I buy a new/cheap computer or a second hand computer just to use for NEM/XEM but it seems a bit too much.
Please, If someone could clarify, I would greatly appreciate it. Any advice someone can give me, I would be very thankful.
Also, these questions could also be running through many new investor's mind.
I am open to take in any information from a programmer here or just a simple investor like me who is not a programmer and how his/her experience was buying NEM.
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gentlemand
Legendary
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Activity: 2604
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Welt Am Draht
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June 08, 2017, 04:37:04 PM |
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As far as I can tell that Mac problem is Safari specific. Quite a few users have reported problems and lost coins with it. I don't know why it hasn't been addressed.
If you're harvesting no one else can access your coins. Otherwise no one would be harvesting.
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greentea
Legendary
Offline
Activity: 1420
Merit: 1002
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June 08, 2017, 04:40:44 PM |
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The reason many of those other coins are more popular is they started out as POW or hybrid coins so they have the mining whales promoting them. Supernode requirements are too high right now and a lot of the early whales control all the nodes and get all the fees with NEM. Popularity might increase if supernode requirement was reduced to 250K. Regular nodes simply don't get enough of the fees to make it worth their while. You might be able to get whales to buy up 250K nem, but they're not going to buy up 3 million NEM.. never. gonna. happen.
Whether people want to admit it or not, this coin is fairly centralized due to the 3 million supernode requirement. It's my one criticism with NEM, just like I criticize Xtrabytes for having all their static nodes tied up in the hand of early investors who got the coin for next to nothing. Of course, if you make the supernode requirement 250K, a lot of early supernode holders might dump a bunch of NEM. If that happens it will be a healthy thing in the long haul.
Have to think 10 steps ahead, not worry about maintaining the status quo and the current market cap.
I do agree starting off as POW attracts the huge 'miner' mostly bitcoin community. These guys have the funds to invest in other coins. Without POW, NEM is often overlooked ... but then again NEM is not targeting the crypto community  Also, what average individual can really 'mine' bitcoin? Which shows it is much more centralized when 1 miner pool/individual can do so much damage with the current bitcoin debate/drama. With NEM, only 10,000 is enough to harvest and as the network grows and txs increase, each block will hold more and more valuable fees. So 3 million won't be required to harvest and profit, you can even do this with your PC off! The supernode program wont last indefinitely, it was created to secure the network which it has done successfully, I really dont see them dropping the requirement. Whales have been buying as the # of supernodes continue to increase, just like this guy: https://www.youtube.com/watch?v=WTLjvrYnnAQ
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Terem
Member

Offline
Activity: 71
Merit: 10
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June 08, 2017, 04:44:11 PM |
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Hi all. As deemed, the coin is promising? How late can rise the price for the new year? And the truth is that the catapult that will change the industry? Thank you.
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pfrtlpfmpf
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June 08, 2017, 04:47:05 PM |
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Hello Hopefully Someone Here can give me the right advice or guide me.
A Little About me:
- I am an Investor.
- I am not a programmer of any sort
- I am very much interested in investing/purchasing NEM/XEM
But here are the Hurdles I faced:
- When I tried to create a Nem Wallet
- There is an issue with Mac/Safari.
I am not sure If this issue is only with Safari or Mac itself. Anyways, this is not a big issue since I can easily create one and use a Windows computer yet. but I was wondering what would be the best way If I just got chrome for Mac ?
or lets just keep this simple and I have no problem using my PC to create this wallet.
What Further Discouraged Me
What further has discouraged me is that you have to Harvest your NEM/XEM coins.
So my question is what If I am an investor and I just buy the coins and do not harvest them or anything. Are they still Good coins what happens.
- However, harvesting should be rocket science and what If I even take this step and learn how to harvest
I Further started reading that the way NEM/XEM works is that If I do harvest my coins, then Other NEM/XEM owners can access my Computer/PC.
I certainly do not want anyone accessing my computer because I at least have some important information in each of my computers.
Now, I am thinking I could buy a new/cheap computer or a second hand just to use for NEM/XEM but it seems a bit too much.
Please, If someone could clarify, I would greatly appreciate it. Any advice someone can give me, I would be very thankful.
Also, these questions could also be running through many new investor's mind.
I am open to take in any information from a programmer here or just a simple investor like me who is not a programmer and how his/her experience was buying NEM.
You don´t have to harvest anything, thats just a plus. Your coins are yours, without any condition. They´re yours, basta !
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TraderInc
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June 08, 2017, 04:50:00 PM |
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Thanks for the feed back pfrt  but If I harvest then people other NEM owners can access my computer ? Do I have to delete all my important information first from this computer ? or its not necessary
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adous
Newbie
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June 08, 2017, 04:54:51 PM |
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That's so exciting  that is so wonderfull and exciting now ...might be it will be use full for all of us..
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sheepXcat_sk
Newbie
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Activity: 45
Merit: 0
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June 08, 2017, 04:56:55 PM |
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Hi all. As deemed, the coin is promising? How late can rise the price for the new year? And the truth is that the catapult that will change the industry? Thank you.
Hi good question, basically catapult should toss NEM to the moon, possibly beyond. NEM is still cheap cos of poor marketing but is technological beast so soonoer or later, it will overcome.
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samysamy1
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June 08, 2017, 05:03:55 PM |
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Hello Hopefully Someone Here can give me the right advice or guide me. A Little About me:- I am an Investor. Me too- I am not a programmer Me neither  - I am very much interested in investing/purchasing NEM/XEM But here are the Hurdles I faced: - When I tried to create a Nem Wallet- There is an issue with Mac/Safari. I am not sure If this issue is only with Safari or Mac itself. Anyways, this is not a big issue since I can easily create one and use a Windows computer. I have been using Windows in combination with the NCC wallet for 2 or 3 years now. The NCC wallet is more stable than the Nano wallet. I haven't experiences any issues with the NCC wallet and I haven't tried the Nano wallet, it's just that other people have trouble with it.yet I was wondering what would be the best way If I just got chrome for Mac ? (i.e if its just a Safari issue) or lets just keep this simple and I have no problem using my PC to create this wallet. What Further Discouraged MeWhat further has discouraged me is that you have to Harvest your NEM/XEM coins. So my question is what If I am an investor and I just buy the coins and do not harvest them or anything. Are they still Good coins. What happens ? Nothing happens. It's up to you to decide whether to harvest or not. You can use your pc or a third party node- However, harvesting should Not be rocket science and what If I even take this step and learn how to harvest. No problem. Running a simple node is super easy, nothing technical about it.Then, I Further started reading that the way NEM/XEM works is that If I do harvest my coins, then Other NEM/XEM owners can access my Computer/PC. As I said I have been harvesting for 2 or 3 years and have no problems whatsoever. Just make sure your pc is protected and chose a node from the original Nem site and never download a wallet except from the original Nem site.I certainly do not want anyone accessing my computer because I at least have some important information in each of my computers. Now, I am thinking If I buy a new/cheap computer or a second hand computer just to use for NEM/XEM but it seems a bit too much. If you are concerned about safety, you should be better concered about your pc getting hacked and coins getting stolen. Better wait for the Trezor hard wallet (a USB sort of thing for cryptos). They are busy optimizing the wallet for Nem as well. You should be able t harvest with it as well.Please, If someone could clarify, I would greatly appreciate it. Any advice someone can give me, I would be very thankful. Also, these questions could also be running through many new investor's mind. I am open to take in any information from a programmer here or just a simple investor like me who is not a programmer and how his/her experience was buying NEM.
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Scharfenberger
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June 08, 2017, 05:04:04 PM |
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Hi all. As deemed, the coin is promising? How late can rise the price for the new year? And the truth is that the catapult that will change the industry? Thank you.
Hi good question, basically catapult should toss NEM to the moon, possibly beyond. NEM is still cheap cos of poor marketing but is technological beast so soonoer or later, it will overcome. I couldn't explain it better. Thumbs up!
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pfrtlpfmpf
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June 08, 2017, 05:06:33 PM |
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Thanks for the feed back pfrt  but If I harvest then people other NEM owners can access my computer ? Do I have to delete all my important information first from this computer ? or its not necessary No, nobody can access your computer (at least not us, but you never know, be carefull) Look, just lean back, and relax. We really don´t infringe in other peoples space. It´s just not NEM ! And anyway, we couldn´t !
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bitcoinovsky
Newbie
Offline
Activity: 16
Merit: 0
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June 08, 2017, 05:12:28 PM |
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Scharfenberger
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June 08, 2017, 05:21:50 PM |
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I must be missing something important... Atraura :  nem foundation  loooots of xemz  What's your point? I don't see it. And what's with this name you marked? Can you explain it a bit more concisely, please?
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bitcoinovsky
Newbie
Offline
Activity: 16
Merit: 0
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June 08, 2017, 05:22:32 PM |
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Why do you think it would interest anyone, crap.
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samysamy1
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June 08, 2017, 05:25:47 PM |
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I must be missing something important... Atraura :  nem foundation  loooots of xemz  What's your point? I don't see it. And what's with this name you marked? Can you explain it a bit more concisely, please? It is weird that so much of the marketing fund has already gone without the investors permission??? So they were paid a huge salary and not for delivery???
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pfrtlpfmpf
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June 08, 2017, 05:25:58 PM |
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I must be missing something important... Atraura :  nem foundation  loooots of xemz  "Bitcoinovsky", i´ll lay down and piss myself . . . 
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