|
I will keep watching this!
|
|
|
|
Another newb question here. When sending money there's that transaction fee. It defaults to 1. Can it be set to 0 or some small amount like 0.000000001? Why is it even something one can change. Shouldn't it just be a fixed percentage or something? lol
By the way. As someone who is 50 and has been programming etc since I was 16, I resent the whole "40-50 years old guys only care about their boring job, dumb kids and ugly wives )".. kidding.. lol
minimum fee is 1. You can set it higher and support the forgers  The 1 is an arbitrary rule that you agree on when using the main client. It could be set to 0 or 0.0000001 too! |
|
|
|
I was doing some basic math. If an investor holds 1 BTC worth of Crypti, that translates to 100,000 coins (plus early investment bonuses which all investors must get to some extent because they are essentially sold out already to all intents and purposes).
If the price per Crypti hits 0.16 BTC, that would value each Crypti at $100, yielding a return of $12.5m dollars on an investment of 1 BTC. However, the fast buck merchants will sell at x4 or x10 which will give investors who missed out on the IPO a crack at making long term money.
16'000'000 BTC market cap? It's more than Bitcoin itself ) It is a good investment argument SKY is the limit. (I wish!) |
|
|
|
Progress of Storagecoin
*Whole frame code (90%)
*Network code (80%)
*One button client (0%)
*Forum and wiki(0%)
Dev has take away 10 btc.Why not show us new code so long time?And add me to your list.
Progress of Storagecoin
*Whole frame code (90%)
*Network code (80%)
*One button client (0%)
*Forum and wiki(0%)
Dev has take away 10 btc.Why not show us new code so long time?And add me to your list. More like >30 BTC with the collected NXT! |
|
|
|
|
Mostly NEM is undervalued because it hasn't successfully launched yet! once that happens, the price will jump a good bit!
|
|
|
|
It will be even *unfair* when millions of people have an account and funds.
Just think about it, in 100 years 95+% of the people living then are not alive today. Do you think they will be happy with the distribution today?
Well shit, you can't make something "fair".... Nothing is fair in the world, and 70, 3000, or 1 million. Everything is unfair, and using that as an argument is stupid, the only thing that matters is network effects and fact is that NXT has more active participants than NEM will have at start.
So stop blarring please and concetrate on making NEM a great coin.
No need for straw man arguments. NEM's distribution was never about distributing something to all 7 billion people on the planet. If you're looking for a Communist Coin then Community Coin is for you (their coin is already a red background and you only need to change the suffix). It's to ensure that the coin's distribution wasn't divided in a cronyism fashion and to ensure stability by preventing whales. As NEM was distributed to almost 3000 stakeholders you can guaranteed that 99% have no connection with each other. If we take NxT's example - only 20 accounts invested the 1 BTC but we don't know who those 20 accounts are, it could just be 10 people and 6 of them are BCnext and/or his friends. Nobody wants to invest into a ponzi scheme or a get quick rich scheme. The only reason BTC went so far was because the distribution model implies there was a vague democratic process in who received the BTC (that's the theory at least. In practice, people like Satoshi took over a million BTC but that's almost never mentioned). I always forget why I shouldn't argue with you.. You are always using semantics to make your argument and don't see the big picture that make your argument invalid all the time. There's no equivocation in my argument. Your retort with an ad nauseum and an accusation of semantic arguing is not a counterargument but a red herring.
*boy i'm fancy.. I am using big-boy words* (I bet you have a latin word for this response too!You keep on spewing lies about NEM and clearly ignore that NxT has severe flaws. If you don't like logic or choose to ignore it then let's look at the math. NxT, before the public knew about it's terrible distribution, was $0.09. NxT, after the public knew about the distribution and started planning forks, went down to $0.025 by April 2013. Show one lie I spread about NEM. I am a NEM supporter and you are accusing the wrong person in your hate mongering.
NXT didn't exist in april 2013. Nevertheless, the public as you call it, knew the distribution all along, I have no idea where you are going with this... Also big chunk of the decline was due to the BTC price falling from 1200 to 450, go figure..NxT's main rhetoric is that it's innovative but at the same time it's flawed rhetoric as there are multiple coins as innovative as NxT and/or the mainstream user does not care about innovation beyond a marketing point (as people almost never use the complete functionality of their smartphones, computers or websites like Facebook). NXT isn't using any retorics, its users are. They are not paid to do that, nor represent they anyone but themself. They do it because they beleive what they say.
Also come on, show me one "launched" coin with as much innovation as NXT. |
|
|
|
|
Why does the title still state 1-3% roi?
|
|
|
|
It will be even *unfair* when millions of people have an account and funds.
Just think about it, in 100 years 95+% of the people living then are not alive today. Do you think they will be happy with the distribution today?
Well shit, you can't make something "fair".... Nothing is fair in the world, and 70, 3000, or 1 million. Everything is unfair, and using that as an argument is stupid, the only thing that matters is network effects and fact is that NXT has more active participants than NEM will have at start.
So stop blarring please and concetrate on making NEM a great coin.
No need for straw man arguments. NEM's distribution was never about distributing something to all 7 billion people on the planet. If you're looking for a Communist Coin then Community Coin is for you (their coin is already a red background and you only need to change the suffix). It's to ensure that the coin's distribution wasn't divided in a cronyism fashion and to ensure stability by preventing whales. As NEM was distributed to almost 3000 stakeholders you can guaranteed that 99% have no connection with each other. If we take NxT's example - only 20 accounts invested the 1 BTC but we don't know who those 20 accounts are, it could just be 10 people and 6 of them are BCnext and/or his friends. Nobody wants to invest into a ponzi scheme or a get quick rich scheme. The only reason BTC went so far was because the distribution model implies there was a vague democratic process in who received the BTC (that's the theory at least. In practice, people like Satoshi took over a million BTC but that's almost never mentioned). I always forget why I shouldn't argue with you.. You are always using semantics to make your argument and don't see the big picture that make your argument invalid all the time. |
|
|
|
Haha I am a shitty marketing person .... First the university now a 3 week holiday is in the way But I will be back and the I will teach the world!!! We still have faith in you.  We're working on the instant betting feature this week. I think it will be a huge success, but more on that later.  Magician Thanks for the faith!!! Yeah I read all the posts in this topic, the ideas sound awesome, I hope everything is achivable as you imagine it! Would make the marketing much more easy :p |
|
|
|
I wouldn't say that, the 40 year olds had internet all their adult live, so they should be pretty openminded.
A lot of 40 years olds don't know what internet is Maybe some of them who live in big cities like New York, Moscow, London are open minded enough for bitcoin, but I think most 40-50 years old guys only care about their boring job, dumb kids and ugly wives ) The other hand young people had internet since they were born, 3-4 years old fellows know how to find cartoons on Youtube. Yeah the 20-yo are the first generation ever to ALWAYS had access to the internet, they never experienced the pre-internet feeling. It will be cool to see if/when cryptos succeed how all the young people will be overproportional richer  |
|
|
|
Just getting caught up - besides the 6-stake sock puppet issue, which seems to be minor, or at least to have passed - why is the price going down? Is there anything else depressing it, or was that it?
Our price falls along with the NXT price as NEMStake is exclusively traded on the NXT AE and it's value is determined in NXT. Question becomes: Why price of NXT is falling? Alt prices are falling nxt is rising + nem is stable = nem rising!  nxt rising + nem falling + btc rising = ?? this is some strange chain reaction happening there It really depends on what you are valuating it against. NXT? BTC? FIAT? |
|
|
|
|
Very nice to see so much progress!
Any updates if the thread ignore feature will be introduced again?
|
|
|
|
|
nice to read some updates.
Weekly status reports are fine, don't let the forums distract you too much!
|
|
|
|
Some Interesting Facts on Cryptocurrency Traders
1: average age is 20years
2: single male
3:speed trade (looking to make enough to pay rent)
I feel like a grandpa. here
Are these numbers from a survey? Link please. Even though they make kind of sense, I really doubt that they are true I believe they are. I think most people into crypos are students: 18-22 year old. Older people are very skeptical about it. Those who over 35 think it's all a big scam. Our parents don't understand the concept and think it's just some kind of pyramid. I got my elder brother into it and explaned my parents what's what, but it took a lot of time. The other hand my 2 friends who are the same age as I, got into cryptos easily as soon as I made a few bucks and told them about it. I guess my family is very openminded then They all have cold wallets and I send them BTC from time to time. They all are in the 21millionth club hehe But yeah makes sense, what I doubt is that a few 40 year olds will skew the data very much so 20 y.o. is very unrealistic. I guess 95% of those 40 yo are millionaires and don't take surveys. Can't imagine regular 40 yo fellow who read about bitcoin and got into it. ^^ I wouldn't say that, the 40 year olds had internet all their adult live, so they should be pretty openminded. |
|
|
|
|
It will be even *unfair* when millions of people have an account and funds.
Just think about it, in 100 years 95+% of the people living then are not alive today. Do you think they will be happy with the distribution today?
Well shit, you can't make something "fair".... Nothing is fair in the world, and 70, 3000, or 1 million. Everything is unfair, and using that as an argument is stupid, the only thing that matters is network effects and fact is that NXT has more active participants than NEM will have at start.
So stop blarring please and concetrate on making NEM a great coin.
|
|
|
|
Some Interesting Facts on Cryptocurrency Traders
1: average age is 20years
2: single male
3:speed trade (looking to make enough to pay rent)
I feel like a grandpa. here
Are these numbers from a survey? Link please. Even though they make kind of sense, I really doubt that they are true I believe they are. I think most people into crypos are students: 18-22 year old. Older people are very skeptical about it. Those who over 35 think it's all a big scam. Our parents don't understand the concept and think it's just some kind of pyramid. I got my elder brother into it and explaned my parents what's what, but it took a lot of time. The other hand my 2 friends who are the same age as I, got into cryptos easily as soon as I made a few bucks and told them about it. I guess my family is very openminded then They all have cold wallets and I send them BTC from time to time. They all are in the 21millionth club hehe But yeah makes sense, what I doubt is that a few 40 year olds will skew the data very much so 20 y.o. is very unrealistic. |
|
|
|
dev dev dev. Come back please! |
|
|
|
15% is either much or little, this depends on what they will deliver. |
|
|
|
Some Interesting Facts on Cryptocurrency Traders 1: average age is 20years 2: single male 3:speed trade (looking to make enough to pay rent) I feel like a grandpa. here Are these numbers from a survey? Link please. Even though they make kind of sense, I really doubt that they are true |
|
|
|
Haha I am a shitty marketing person .... First the university now a 3 week holiday is in the way But I will be back and the I will teach the world!!! |
|
|
|
|
Show Posts
