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41  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 27, 2014, 11:12:50 AM
I don't have any sockpuppet accounts, but i would like to sell you my share for NXT. I guess we will get about 1,100,000 NEM so about 252,500NXT for it?

If each NEM stake is 1,100,000 NEM coins, then I would pay 27,500 NXT per stake (rate is 1:40)

At the current price for NXT at bter.com, that would equate to over 1.375 Bitcoins per NEM stake

1,100,000 / 40 = 27,500

27500 * 0.00005b = 1.375 bitcoin

It is a good profit, and for those who have multiple NEM stakes it is a good way to get a decent stake in NXT and still keep some NEM.

The current NXT price is very low. After the asset exchange is launched 27,500 NXT will be worth more than 1.375 bitcoin.



yeah thats what i meant. I just mixed up the point.

So do you want to escrow this, or how do you want to proceed?

(PS: i am not going to give you a freeroll on this, meaning, that you only pay after the marketprice is established, because then you will only buy if you feel like it is worth it, otherwise you just bail)

I suggest we usee anon for escrow and you send him the 27500 NXT

Yes anon136 would be my first choice for escrow. I know he is doing the current exocoin IPO now, and he has complete trust from everyone.

I am seeking no free roll, and all trades will occur in the first 48-72 hours after ownership of the stakes has been transferred.

As I have said, I am valuing NEM before release at 10% the value of NXT, which has been released and tested for 4 months now.

Once utopianfuture releases the details of how stake ownership will be transferred to NEM stakeholders I will be in a position to work out the escrow details.

At this time I am trying to gauge interest in my offer.

I need at least 6% of NEM stakes for my business idea, but I would prefer closer to 10%.

If there is not enough interest shown I would reconsider my offer before any trades took place.
42  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 27, 2014, 10:02:28 AM
I don't have any sockpuppet accounts, but i would like to sell you my share for NXT. I guess we will get about 1,100,000 NEM so about 252,500NXT for it?

If each NEM stake is 1,100,000 NEM coins, then I would pay 27,500 NXT per stake (rate is 1:40)

At the current price for NXT at bter.com, that would equate to over 1.375 Bitcoins per NEM stake

1,100,000 / 40 = 27,500

27500 * 0.00005b = 1.375 bitcoin

It is a good profit, and for those who have multiple NEM stakes it is a good way to get a decent stake in NXT and still keep some NEM.

The current NXT price is very low. After the asset exchange is launched 27,500 NXT will be worth more than 1.375 bitcoin.

43  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 27, 2014, 08:55:35 AM
Greetings NEM people!

I am in the market for NEM stakes and have the resources to buy out a large number of sockpuppets.

I'm valuing NEM at 10% of the marketcap of NXT. That's with no software released, but definite potential.

I'll buy out any sockpuppets  at a rate of 1:40 - for every 40 NEM you give me I'll pay you 1 NXT.

I'm only buying full stakes (too complicated otherwise), and I'll only be buying for 48-72 hours after the NEM stakes are allocated to stakeholders, so you need to reserve your place now.

Escrow will protect both parties. Once the NEM ownership transfer procedures have been finalised I will work out the details and make a further announcement.

My offer is first come first served, so if you are interested you'll need to reply to this post specifying the number of stakes you want to sell. I suggest using a sockpuppet account to reply.

The NEM rules are very clear, you can have up to 5 stakes, so it's cool to sell me 4, and keep one for yourself!

I have a budget of 10,000,000 NXT, and I assure you this is a serious offer.

If you take up this offer you will have a stake in NEM & NXT.

This offer is good for NEM, good for NXT, and good for those who take it up!

Don't miss out!

My offer again for those who did not see it.
44  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 26, 2014, 04:44:44 AM

NEM has potential to become the silver to NXT's gold, just as LTC is the silver to BTC's gold in POW coins.


I think NEM has the potential to become the platinum to NXT's gold.

NEM may have this potential if your platform makes improvements that can't easily be incorporated into other POS coins like NXT.

The two communities will determine which of NXT & NEM achieve the greatest network effect.

I think both will be technically capable of viral growth, that is why I want to invest heavily in NEM at this time to diversify.

I was not an original NXT stakeholder, so it is wise to diversify if I can.

IMO BCNext's social experiment is working now. NXT has no leaders, but despite this their community is very active with development, and they are making much progress.

If NEM is to be the platinum it must decentralise like NXT asap.

NXT community is becoming aware of what they are now, and they are learning how to operate without a leader..

I listen to the smart people like Adam B Levine.

I'd have to let you make me your spokesman, and as mentioned in other places I'm not picking sides.  I think there is huge potential in all the metalayers and I want to help all of you succeed as much as possible.  The future is big and roomy, lots of room for multiple projects and communities to work on these ideas in parallel and since the whole thing is open source it is merely quaint competition rather than antipathy driven.

Regardless, you can buy air-time on my program (as NXT did two months ago, and I think Kris has been doing great work with it) if you want to keep NXT in mind for people tuning into LTB or the other shows on our network.

But you can't buy me Smiley  You can only demonstrate that you'll looking for ideas that solve problems instead of ideas that reinforce an arbitrary leaders ego.   I think NXT has a damn good chance of that simply because ya'll don't have leaders.

I'd highly recommend as many NXTers as possible read the book "The Spider and the Starfish: The Unstoppable Power of Leaderless Organizations" - You guys have an "apache" or "na'taan" model of leadership, you just don't know it so it doesn't work too well.

NXT is like the beast with a thousand arms and no head.  Difficult to organize, but with many resources at its disposal.
https://www.youtube.com/watch?v=9dzK-0wB-CA

45  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 26, 2014, 04:17:35 AM

If NEM  software is mostly cloned from NXT with a few changes 1:40 will be a very good deal.


You seem to be misinformed. There is no common code between NEM and NXT. Aside from the "N", they're completely different.

Jaguar0625, I did not intend to sound critical with my use of the word 'clone'.

A better description for what you are doing might be 'remake', like with a movie, or 'cover', like with a song or piece of music.

There is room for deviation from the original.

I believe I understand what you are trying to achieve.


Our initial plan was to base NEM on the NXT code, which is why there are two versions of the NXT code in the repository. However, this project garnered a really large amount of interest and we have more dev resources than I expected. At this time, it is the consensus of the dev team to base NEM on some of the NXT ideas but write the code from scratch. While this will take a little more time and effort now, I think it will set up NEM much better in the long run.

The goal is not for NEM to be a NXT copy and paste coin. IMO, there's no value in that. With NEM, we want to take some of the best ideas of NXT and Bitcoin and create something new and, hopefully, better.

46  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 26, 2014, 01:33:03 AM
To utopiannow:

There is allready marketplace section in btt, so i suggest you to continue your effort there.

Your whole story sounds shady and from investor perspective your actions seems two-fold.



My offer will only be active for the first 48-72 hours after the NEM stakes have been transferred to the stakeholders.

I need to post in the main NEM thread to be sure that the majority of NEM stakeholders see my offer.

Many NEM stakeholders would not look in the marketplace section, so for the sake of 'fairness' I have posted in the main NEM thread for visibility.

I am looking for a trusted party to provide escrow, so there is nothing shady.

I am an investor who wants to diversify my portfolio. I also have an idea that requires having a large stake in a viable crypto currency.

Once the details of how the NEM stakes are claimed is made public I will be in a position to finalise how the transfer will proceed.



47  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 26, 2014, 12:32:08 AM

I think SBOSS is right. People should be very careful with selling their stake at a cheap price and then cry later.

While Nxt has a lot of value(and I believe in Nxt), it has become clear by now that the distribution was something of a problem(the least said) which is still affecting the value of Nxt.

In Nem case, this is a real advantage. The distribution seems already a success and this was only the first step. Since this is an innovative coin, our value is not bound in any way to the value of Nxt or any other currency for that matter. With such a promising beginning and depending on the value we manage to create, it is not at all excluded that Nem could and maybe will surpass the value of Nxt (sooner than we think?). This remains a very interesting experiment and results may be very surprising indeed.

A lot more offers will come. If you sell at least sell at a good price.

POS distribution will always attract criticism from someone who missed out.

73 for NXT was small, `3000 for NEM is also small compared to the size of the eventual user base.

NXT & NEM both had open & transparent distributions, so future investors will only be concerned with the technology.

'Fairness' of initial distribution is neutral for NXT & NEM.

What matters is the the quality of the product, and the network effect it creates.

Listen to Adam B Levine.

Hey all,
Adam here - If you think about NXT and XCP like "fundraisers" than you're missing the point.

They are not fundraisers, they are spreading-around-the-blame.   Both projects (NXT and counterparty) have anonymous developers, both of them have no mining to distribute coins as Satoshi did, and neither of them apparently needed development funds because NXT raised about $2000 worth of BTC and XCP burned 2100BTC.

So compare that to a method where they sell the tokens - Whose going to buy a new, proof of stake token from someone who won't even tell you their name?  Not many.

Compare it to a method where they give them away - They reward only people who wait for opportunities where they can get something for nothing and those people with more time than anything useful to do with it will become your first line of distribution, and will probably be happy with just about anything because there was no cost for them to acquire it.

But either raising a trivial amount of money (NXT) or simply saying "throw it in the fire and nobody will get it" (XCP) require a proof of give-a-shit and at least pretend to understand it enough to warrant throwing good money into a black hole for what might be a hoax or scam.   It's not ideal, but it's simple.

And because there is no giant pile of money, there is problem of how do you spend a giant pile of money.

As mentioned, I am building projects on all viable platforms, NXT is one of the top contenders from my analysis of the available options.


If NEM  software is mostly cloned from NXT with a few changes 1:40 will be a very good deal.

Distribution debate is not relevant outside the crypto community.

Jo Public missed out on NXT & NEM
48  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 25, 2014, 11:55:52 PM

I really dont understand how u made these assumptions. So u just calculate NEM market cap without even knowing what the NEM would be after development process is done. There is a significant possibility that NEM could be more usable in terms of a currency (distribution, POI, etc). And based upon your willingness to buy shares even before launch, i highly doubt that you have calculated very different valuation to the coin.

IMO it would fair to stop puplish these predictions, when the only purpose is to get cheap stakes and benefit on those.

I base my valuation for NEM using similar methods to other investors. Past history, fundamentals, competition etc.

Price discovery process for NEM has started and the market will decide in the end.

If I were offering fiat I would expect red flags to go up.

I am offering NXT for NEM.

Both NXT & NEM have huge potential.
49  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 25, 2014, 10:36:36 PM

Both are good offers  Smiley but no thanks, I am holding mine for at least a full year  Huh call me crazy but I really believe anyone selling their stakes right now will never be able to forgive himself when NEM becomes big. If NEM flops you are losing at most 50 bucks not a disaster if it succeeds who knows what it can be worth. Friends hold tight, help build the coin and we can all be winners  Wink

NEM has potential to become the silver to NXT's gold, just as LTC is the silver to BTC's gold in POW coins.

Today, as I write:
BTC marketcap is $7,352,253,598
LTC marketcap is $440,369,745

LTC has ~6% the marketcap of BTC

I'm valuing NEM at 10% marketcap of NXT.

With 4 times the coins for NEM over NXT, my offer is 1 NXT for 40 NEM.

This offer is competitive, and risk free if you have multiple NEM stakes.

Keep some NEM stakes, sell your socks, get a stake in NXT.

Instant risk free profit.

Send PM if you prefer.



50  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 25, 2014, 03:09:19 PM

That is nothing in regard of the excepted value. I don't like to say someone should sell his stake directly to me, but in case this persons don't want to have that stake, he or she can sell it to me! I would be REALLY glad to get some stakes for 4-5 BTC!

@ all: Post me after launch if you want to sell your stake! I'll give you about 4-5 btc per stake!! please remember me!!!!!!!!!!

This is business. As an investment opportunity NEM has potential, but it could fail, so the greatest risk/reward is now for those who can afford to invest. I am prepared to take the risk now, and I am fortunate enough to have the means.

I will show my capacity to make this offer before anyone trades. NXT or bitcoin doesn't matter as I have both, but I do prefer NXT.

I am serious. Please don't joke about buying NEM stakes if you don't have the means.


As you already said "this is business".

In my last two posts I already made clear that I'm willing to buy NEM for that price - I'm not joking when I do business!

Then we are two buyers in the market for NEM stakes.
51  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 25, 2014, 02:49:02 PM

That is nothing in regard of the excepted value. I don't like to say someone should sell his stake directly to me, but in case this persons don't want to have that stake, he or she can sell it to me! I would be REALLY glad to get some stakes for 4-5 BTC!

@ all: Post me after launch if you want to sell your stake! I'll give you about 4-5 btc per stake!! please remember me!!!!!!!!!!

This is business. As an investment opportunity NEM has potential, but it could fail, so the greatest risk/reward is now for those who can afford to invest. I am prepared to take the risk now, and I am fortunate enough to have the means.

I will show my capacity to make this offer before anyone trades. NXT or bitcoin doesn't matter as I have both, but I do prefer NXT.

I am serious. Please don't joke about buying NEM stakes if you don't have the means.
52  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 25, 2014, 02:28:26 PM
Greetings NEM people!

I am in the market for NEM stakes and have the resources to buy out a large number of sockpuppets.

I'm valuing NEM at 10% of the marketcap of NXT. That's with no software released, but definite potential.

I'll buy out any sockpuppets  at a rate of 1:40 - for every 40 NEM you give me I'll pay you 1 NXT.

I'm only buying full stakes (too complicated otherwise), and I'll only be buying for 48-72 hours after the NEM stakes are allocated to stakeholders, so you need to reserve your place now.

Escrow will protect both parties. Once the NEM ownership transfer procedures have been finalised I will work out the details and make a further announcement.

My offer is first come first served, so if you are interested you'll need to reply to this post specifying the number of stakes you want to sell. I suggest using a sockpuppet account to reply.

The NEM rules are very clear, you can have up to 5 stakes, so it's cool to sell me 4, and keep one for yourself!

I have a budget of 10,000,000 NXT, and I assure you this is a serious offer.

If you take up this offer you will have a stake in NEM & NXT.

This offer is good for NEM, good for NXT, and good for those who take it up!

Don't miss out!





I also want to buy more NEM.
But I'll give you all a better offer.
So don't worry about such a sick offer made to you like above ( 25.000 NXT per stake - are you kidding us ?) Grin

I'm thinking of buying half stakes, quarter stakes, whole stakes - so I'm more flexibel and I pay realistic 4-5 btc  in the first week after launch (depending from some other criteria like "how fast and for how much I can sell my shitty NXT to buy BTC")

It is too early to tell how many NEM coins will make up each NEM stake, but even using your figure of 25,000 NXT would equate to $1000 USD at the current rate for NXT. Not a bad profit, and I definitely recommend keeping at least one NEM stake.

53  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread on: March 25, 2014, 02:12:35 PM
Greetings NEM people!

I am in the market for NEM stakes and have the resources to buy out a large number of sockpuppets.

I'm valuing NEM at 10% of the marketcap of NXT. That's with no software released, but definite potential.

I'll buy out any sockpuppets  at a rate of 1:40 - for every 40 NEM you give me I'll pay you 1 NXT.

I'm only buying full stakes (too complicated otherwise), and I'll only be buying for 48-72 hours after the NEM stakes are allocated to stakeholders, so you need to reserve your place now.

Escrow will protect both parties. Once the NEM ownership transfer procedures have been finalised I will work out the details and make a further announcement.

My offer is first come first served, so if you are interested you'll need to reply to this post specifying the number of stakes you want to sell. I suggest using a sockpuppet account to reply.

The NEM rules are very clear, you can have up to 5 stakes, so it's cool to sell me 4, and keep one for yourself!

I have a budget of 10,000,000 NXT, and I assure you this is a serious offer.

If you take up this offer you will have a stake in NEM & NXT.

This offer is good for NEM, good for NXT, and good for those who take it up!

Don't miss out!


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