To any bag holders who lost money, be sure to thank the geniuses at the MasterCoin protocol who came up with this IPO scheme but don't expect them to be called out by MaidSafe (their new biggest shareholder) without A LOT of pressure.
The current MaidSafe investors have invested for the past 8 years with complete faith and a strong desire to make a difference. source: https://github.com/maidsafe/Whitepapers/blob/master/Project-Safe.mdHoly vaporeware. Maidsafe been vaporeware for 8+ years. Count your money as good as gone.
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You all wanted to invest in a scam corporate coin and got scammed?! You don't say
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Remember to promote luxury lifestyles for the early birds in your ponzi scheme.
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There's already a google wallet and Amazon coins. Then there's Ripple and Marinecoin. We don't need another rigged Scam corporate coin like safecoin.
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Blackcoin was always a pump and dump, I was calling it on the very first day it went up. It's a Bitclon / $hitclone with slightly faster transaction speeds, PoS (which other coins have done for a year) and a few novelty merchandise (coffee mugs / T-Shirts).
You need to bring in a lot more to be a competitive alternate.
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I hope every NEM stakeholders this read type of IPO evaluation (skycoin) https://bitcointalk.org/index.php?topic=380441.msg6289563#msg6289563 and understand better NEM fundraising model which as I emphasized before is not an IPO but a "call for participation". Stakeholders sent in a nominal fee/ effort to be apart of NEM network and being distributed 1 million NEM at launch and in exchange there is a certain expectation of stakeholder contribution to NEM. NEM core team, our development plan and technological road-map is in no worse than Skycoin or even Ethererum and but only 3% up to auction later on should be considered a fair market price for a NEM stake. We will see how the market will price them. Skycoin just revealed that they are a combination of decentralization and centralization, more like Ripple. It's the money. Ripple does volume around $150K a day and Ripple is probably making $30K/day or $1 million a month. Even the guy running that blatant marinecoin scam is probably making $30K a month off it. Premining 97%+ is easy money compared to a fair distribution like NEM.
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It's the scale which is concerning. I live in a city which has embraced crypto currencies, to the extent we had one of the very first robocoin ATMs and probably the highest per capita merchant acceptance rates of BTC, and yet I didn't have success in convincing anyone to sign up for NEM stake. He was somehow able to convince 7 different people - either he's a brilliant salesmen or they're all sockpuppets.
That was back in February at least - now it seems like my colleagues who keep up on cryptos want to purchase NEM when it hits the exchanges.
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To UF: I saw some of my clients on the refund list. These are people I know in my personal life and I recommended investing in NEM for them. I acted as a broker for them because they are not very knowledgeable about crypto or advanced in PC use. They have already paid me fiat for their stake and were patiently waiting for me to update them on the status of the coin. They are as follows: nateM7654 annT78 camaronloco mich38754 eylucu4531 michaelW8796i I had already talked to you prior to this to make sure it was ok to act as broker for other people who are not very aware of these forums/crypto coin scene. And yes I did create an account for each because that's how you stated I should go about investing for them. Here is your original response: Yes that should be the way because your friend represents the new account. So make a new account for him and reserve a stake from that account. You can send NXT from the same address as well (maximum 2 stake per address).
1 NEM share would have > 1 million NEM. So there are many to share. No need to buy a lot of stakes. Thanks for supporting NEM. Thank you for clearing this up. I will get to it as soon as possible. For the greedy it might be good for a while, but they will always lose out in the end. That's my philosophy and experience. I would give him one additional stake to divide between the six and refund the other five spots. 166,666 NEM (1M/6) each is still a lot. The whole point to crypto was to be decentralized money for the world, but with all the scams and fake accusations like NEM is doing, many people like me will back out and instead wait until a competent company with a real coin and devs shows up. This will inevitably cancel out the revolutionary idea behind cryptos. Strong rhetorical overreaction to being denied extra stake.
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How come I haven't been updated yet, even though I showed a transaction number?
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People would dump at $500K? I can't even purchase a crack shack in my city for such a low amount. That wasn't sarcasm. Only thing $500K would get me is a closet in a 30 year old building with mold. There are cheaper cities but drugs are common in them - everyone is coked up on meth due to the sheer boredom in lower income cities and suburb residential areas. I bet some of you are reading this and can already guess the country.
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The transaction ID for me still has to be added.
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nxt will do very well in 2014. wallets have improved many times than the original client. goto nxtclient.org and try out offspring. or if you don't want to download and just want to have a look first, then try the webwallet on testnet nxtra.org/nxt-client/index.htmlThere's nothing proprietary about NxT's wallet as other coins will be having similar things soon.
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NXTL: 17780801381767481802
73 weeks behind updating Bitcoin wallet but I'll send funds out when possible. I would use Mintpal but I don't know if that's allowed nor do I know how to attain records for it since it sends out coins through their wallet.
I sent 0.03 Transaction ID: e6afd81a9aa447f765b3048769b16fedd9129f77c7c187c5691ea458c9cd1bb7 Status: 7 confirmations, broadcast through 8 nodes Date: 2014-04-17 03:17 To: 1NfVZ4fHcBLCk6932b7ZVyPQ8wNDQ5NGCu Debit: -0.0301 BTC Transaction fee: -0.0001 BTC Net amount: -0.0302 BTC Transaction ID: e6afd81a9aa447f765b3048769b16fedd9129f77c7c187c5691ea458c9cd1bb7 Still haven't been updated yet.
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99.% of coins out there are Bitclones. They go to no attempt to hide it as often the wallets are reskins of the ancient Bitecoin wallet, if they couldn't change the wallet / UI then what else did they not change? Then arguably other coins like Mastercoin are indirect clones as they're reliant on Bitcoin technology like the blockchain.
Using that criteria, the only unique second generation coins is maybe the NxT family but the NxT family is like the Sicilian Mafia, they keep on releasing these coins where a dozen people with sockpuppets own the vast majority of stake.
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Utopian or anybody else.. Can you tell me something about Madesafe? the IPO is with a few days, is it interesting to buy this? thanks
What is the Madesafe ipo about? Here is the link http://www.safecoin.io. Very expensive coin. Anyone know how it works? Can't figure it out. Maidsafe is essentially a second generation TOR (anonymous browser / platform) based out of Scotland. They created a coin after reading a thread on this forum from Bitcointalk users who wanted to invest in them. As far as I understand the Safecoin is a fork of Mastercoin. It's honestly, I think, meant to be an alternative to crowd funding than an actual serious coin. Second, as the previous poster said, it's likely a scam. Why am I buying worthless Safecoin when this company could / *should* be offering real equity? I would rather have equity of a real world company than some junk fork of Mastercoin but that's me.
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I see here 50% are users with 1 post and registred the same day like they post here and never loged again in, so people can create so many accounts just like they want?
There were one time posters for NEM but only 30% and then a bunch were removed then taint analysis removed a lot. Looking at this thread looks like well over 50% look like sockpuppets.
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Got to love these one post newbies. Any bets this guy will annouce a coin called "opensll" and declare himself to be the saviour of alts?
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Already exists and it's called NEM. Voting and polling can be done through the client if coded in.
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NEM for instance has 3000 stakeholders. Taint analysis was used to remove hundreds of sockpuppets and the large scale diminishes any return from sockpuppets.
That I find hard to believe, communitycoin tried to distribute to just 1000 geniune and found that hard to do and reduced it the 500 and checks showed that only like 300 odd where proper users etc so I fond 3000 individuals in these parts hard to believe. NxT had 20,000+ addresses when NEM was announced NEM was new code based on a proven (but distribution flawed) concept. Probably a good half or more of thread 1 for NEM were NxT holders like me? Communitycoin on the other hand has no prior base to attract, has an unappealing unprofessional name and a complicated IPO for what could be worthless coins. Sockpuppets are more common for obscure coins.
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After seeing a lot of gen 2 scams I'm convinced NXT is the only decent coin out there. Right?
It's the only one with a thriving technical ecosystem, and it's become the standard by which others are based on. (Eg, forks.) Maybe NXT will become the reserve currency of the 2.0 world. That's not how these things work. There's no mechanism to make NxT the reserve of 2.0. NxT, outside of Dgex and BTER, has very few exchanges and it's never been used in a reserve capacity. When people come to the crypto world - they buy Bitcoin and exchange it for other coins. In a couple of weeks, NXT won´t need any exchange anymore. I am looking for promising gen 2.0 fulltime. There is exactly 0 at the moment. NEM looks promising but will take some time. So the answer is YES, absolutely There's nothing proprietary about assets (no exchange), other coins are implementing them too. There's nothing proprietary in crypts.
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