Perhaps the last opportunity to buy cheap as, if Alpha is very good, this is the calm before the storm.

There was only 20 people who invested the 1 BTC limit in NxT's IPO.  Since there is four times more NEM, one would have to create 160 sockpuppets to receive the same share as an early NxT investor.  Ironically, however, I should point out that NxT's IPO had no taint analysis and nobody was really looking for socks either.  How do we know there wasn't sockpuppets in NxT's original 20?

Let's not use negative proofs or burden of proofs.  I'm running with the assumption that UF only had his main account and his Ghosthouse account, and the rest of his socks were just used for promoting NEM back in the first weeks of January.

The time it takes to bypass taint analysis, IP resetting and bypassing anti-spam on this forum, I doubt UF was sneaking around creating 100s of sockpuppets. . .  the sheer scale of time involved in doing that at the time would had required foresight that NEM would be something special.. it wasn't...  it was essentially a NxT fork until the last two weeks or so of the registration (or did the decision to create new code come after registration ended?  Can't recall TBH)

How so?  Satoshi himself supposedly had a million Bitcoin back in 2011 when only around 6 million had been mined (15%+).  Read the Bitcointalk wealthy wallet threads.  Wallets =/= unique persons.  There's honestly only a few hundred people who control and dominate Bitcoin.

In contrast there is somewhere between 1500 to 2800 unique persons in NEM..  Granted the pareto principle is in effect here, supposedly a bit under 100 have dumped their stake already since they couldn't pass up $1.5K in 'effortless money'.  So if NEM ever goes to the moon then these dumpers will probably be the worst critics.

Let's not beat a dead horse.  One of the big 20 investors in NxT received 40+ million.  Since there is four times more NEM (1 billion NxT vs. 4 billion NEM), to receive the same equivalent one would have to create 160 sockpuppets.  That is 160 times of bypassing taint analysis, hiding your IP and bypassing the anti-spam features on this forum. . . . all for a coin back in January / February that had no value and was a fork for most of the registration duration. . . and to receive the same share of an early NxT investor who only had to send a single BTC in.

Logically to suggest anyone got away with an unfair share of distribution is unlikely.  In contrast, it would had been incredibly easy to have had 3 sockpuppets in NxT's IPO since there wasn't any taint analysis.  But I couldn't imagine creating 400 sockpuppets just to receive 10% of NEM's market - no one simply does that because of the work involved, we all have better things to do.

Never buy from an anonymous developer named after the coin

It  appears most people get their information about NEM from the first returns on Google, which would be the initial registration thread which states NxT is a Fork / Clone, although this information is outdated but it still interests people who have heard of NxT's success in being the #3 crypto.

Not really - there's virtually no atmosphere on Mars (unless you believe the conspiracy theories that there are forests and lakes on Mars) and I don't think there's enough frozen gases on the surface to create one.

Venus on the other hand has gravity similiar to Earth and there are many theories on how we can remove the greenhouse and restart the magnetic field.  It doesn't even need to be high tech.  Bombarding the crap out of Venus with nuclear missiles would probably freeze a lot of the greenhouse effect (or destroy it) and several centuries later we would have a life habitable planet for earth algae and basic organisms.

IIRC - there are $97 Trillion in investments and another $400 trillion in derivatives.

NASA budget 2014:  $18 billion.
Military Budget: $500+ billion

Dot Com bubble $7 trillion at its' peak (sure most of it was a scam but now we have the internet as we know it)
Housing bubble $10 trillion

We would be in Alpha Centuri right now if we had trillions dedicated to space exploration. . .  but greed is such that people rather dump their money on the internet, in overvalued houses, et al.  Throwing $50 million dollar missiles to blow up a $50 shack in Iraq.  Et al.

IIRC - Venus is supposedly a better choice than Mars.   Venus was arguably Earth until the greenhouse effect went out of control.  Once we know how to fix the greenhouse thing on Earth, we can presumably do the same on Venus.  The downside to Venus is the weaker magnetic field and the rotation cycle but it's a better candidate than Mars.


 

Same distribution as NxT?  NxT was less than the 73 wallets it often claims to be.  In reality, only like 20 people invested the 1 BTC limit and they each received 40+ million NxT.  The remaining 53 people received way smaller amounts.  There wasn't anything stopping sockpuppets in the original 20, no taint analysis no nothing.   How do we know that BCnext didn't own half of the 20 big stakes?

To receive the same equivalent in NEM one would have had to make 160 sockpuppets (160 million NEM) and somehow avoid being caught by taint analysis, reset your IP and then bypass all the anti-spam features on this forum - a lot of work back in January / February for what was a NxT clone with no value at the time.

Retrospectively it's easy to claim that people would had made a thousand sockpuppets but it's as easy as saying that, if we knew Bitcoin prices today, I would had taken out a $100K loan back in 2009 and would had thrown it all into BTC and then be a billionaire today.

 The reality is that NEM could be 1000 to 3000 unique persons but that makes it the grandest distribution in crypto currency history.  NEM was so grand that it fuelled a wave of egalitarian coins like Community Coin (albeit they had to cancel their distribution short due to a lack of interest). 

Can I spend my Bitcoin food stamps on liquor and candy?

"It's for the children" 

There were people who bought Nemstake without knowing about the threads.  There was no disclaimer on the asset exchange.

This sort of trading would had happened at launch.

I've been in NxT since the beginning.  Wallet hacks were common place back in my day.  If i posted the ID here it would be bruteforced (I haven't kept up on technical updates and assume the vulnerabilities are still present).  Nothing on my current BTT account provides clues to my main NxT wallet and my wallet password is in cold storage on an USB stick.

Had enough people who hated me back in 2013 for challenging BCnext for closing the IPO prematurely.  Even more unpopular now and I don't need my NxT taken from me.  Yes they can take NxT away as 51% attacks and centralized changes can happen in such a poorly distributed coin.

NxT, although I profited off it, can't go anywhere with its' distribution.  If it does.. then I'm rich.  

Not as wealthy as me if NxT hits $1 or more.  I'm one of the original NxT investors but lost that account's password months (2013).  How you think I know so much?  NxT my first crypto (even before BTC).

  I still have my main NxT wallet but no point in drawing funds until I am rich rich.  NxT to the moon.  NxT developers make me very rich.    

This thread of full of shameless promotions of what are 1.0 clones of bitcoin, intended as a get quick rich scheme for their one man development team.

NEM is no envy movement but many are already envious of it.  It's arguably the last (big) 2.0 coin of 2014 and it will likely go from $5 million (current capitalization based on token trading) to the double digits, possibly even three.

NEM had no value back in early 2014 - to create multiple socks required extreme foresight that it was going to be something special, when back then the initial plan was going to be a fork of NxT (NEM has since been independent code and a great development team).  As well it was foresight to assume there would had been no taint analysis (hundreds of socks were removed from the stakeholder, or never got on in the first place).

CFA has no socks in NEM.  Regardless, if he did, pocketing thousands is a very trivial amount considering there are many coins on here where initial investors often dump their share within weeks / months for tens or hundreds of thousands of dollars (occasionally even million).

Congratulations you made thousands when other people, who don't brag, made $10K to $1 million off other coins.  NEM in my book seems to be very well distributed and egalitarian in that many people, if NEM does succeed, will be able to benefit it from it going global versus the exclusive (tiny) oligarchic communities of other crypto currencies.

  

Communists in China.  Not only is there the money restrictions, as other users have pointed out, but there's a small statistical likelihood that some Maoist could get into power and decree anyone with more than $10K in the bank will be shot.  

Rich Chinese for decades have been stashing their fortunes abroad.  

It works in preventing a 51% attack (assuming distribution)

Sugar is largely used as a preservative and as a bonus it taste good.  The alternative is we return to salting things like back in the Medieval ages.  One problem: salt isn't necessarily any better than sugar for your health.

Crypto currencies could be $1 trillion in 10 years but that would only be a $50K Bitcoin.   The alternative is to put that money into alternates but that's Russian roulette considering there are 300+ alternates to Bitcoin.

 Technically speaking - you have better odds at playing scratch tickets or lottery tickets as they have often have like $20 prizes that are 1 in 25 odd (versus 1 in 300 in picking a Bitcoin alternerate).