We reached 1 CENT, enough said.
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Use some common sense:
If it was a pump, why make it 8 billion coins? Why not just make it 10 million or even 3 million, etc and pump from there.
Dear people, this is probably the one coin that is actually having a natural growth, all these scams have made many of us skeptics of crypto world.
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How do we know they aren't Sybils for the same entity? How do we know they didn't sell cheap to the manipulator? See I think the bottom line value will be the actual technology of the project. The price will rise high and then crash to the true value in the project. if the value only lies in the tech, why does bitcoin have a ~10 billion market cap? I can clone bitcoin right now. It's about usage and adoption. Something that NEM has done fairly well under the radar. Testing with real world companies and banks ... This is correct, a lot of techies fail to recognize that the simplest of solutions to crypto coins is making a simple coin anyone can use. Instead they add all these crazy features and whistles but the average individual can't even get a wallet to start. NEM is for the masses, not just those who roam in these boards.
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Idea:
Have different levels for different node setups (ex: SuperNodes, MidNodes, Nodes)
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it's been around for more than 2 years:
key difference is that NEM devs listened and are making a currency that anyone can use.
this is the number 1 reason why so many other fail while NEM is surging right now, they focused on usability
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NEM long term holders right now:
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People getting mad because they put down NEM and now look at the results of hard work and patience.
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NEM got me through rough spots in my life and even funded part of my education. I still held on to a large part of my stake and now NEM is doing it again. Thanks
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It looks like NEM took the investors falling out of ETH/DAO.
LISK is what intuition would have said, but it's still young.
LISK will have it's day, just not today. Patience and about 1+ years for LISK to shine if nothing too crazy is found.
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Help, we are now 475 sats! Something must be up, it seems that we are getting alot of attention now! Eth people are realizing that is better to invest in a coin that has capable devs with experience instead of relying on hype.
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I don't understand how people invested in a coin coded by a 20 something year old who made up his own coding language.
Coding genius? Seriously? There's thousands of kids around the world who are "coding geniuses", a lot of them start in their teens and is a hobby. I for one, learned coding in different languages when I was in my teens but have stopped short of my 20s and enjoyed life instead. It's not that hard, it just takes a bored teenager with some sense.
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If this stable trend continues, we might be seeing NEM leave BTC and go its own way in the next year or two.
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Apparently what the attacker did was just use a loophole in the smart contract of DAO/ETH. He legally obtained those ETH: http://pastebin.com/CcGUBgDG===== BEGIN SIGNED MESSAGE ===== To the DAO and the Ethereum community,
I have carefully examined the code of The DAO and decided to participate after finding the feature where splitting is rewarded with additional ether. I have made use of this feature and have rightfully claimed 3,641,694 ether, and would like to thank the DAO for this reward. It is my understanding that the DAO code contains this feature to promote decentralization and encourage the creation of "child DAOs".
I am disappointed by those who are characterizing the use of this intentional feature as "theft". I am making use of this explicitly coded feature as per the smart contract terms and my law firm has advised me that my action is fully compliant with United States criminal and tort law. For reference please review the terms of the DAO:
"The terms of The DAO Creation are set forth in the smart contract code existing on the Ethereum blockchain at 0xbb9bc244d798123fde783fcc1c72d3bb8c189413. Nothing in this explanation of terms or in any other document or communication may modify or add any additional obligations or guarantees beyond those set forth in The DAO’s code. Any and all explanatory terms or descriptions are merely offered for educational purposes and do not supercede or modify the express terms of The DAO’s code set forth on the blockchain; to the extent you believe there to be any conflict or discrepancy between the descriptions offered here and the functionality of The DAO’s code at 0xbb9bc244d798123fde783fcc1c72d3bb8c189413, The DAO’s code controls and sets forth all terms of The DAO Creation."
A soft or hard fork would amount to seizure of my legitimate and rightful ether, claimed legally through the terms of a smart contract. Such fork would permanently and irrevocably ruin all confidence in not only Ethereum but also the in the field of smart contracts and blockchain technology. Many large Ethereum holders will dump their ether, and developers, researchers, and companies will leave Ethereum. Make no mistake: any fork, soft or hard, will further damage Ethereum and destroy its reputation and appeal.
I reserve all rights to take any and all legal action against any accomplices of illegitimate theft, freezing, or seizure of my legitimate ether, and am actively working with my law firm. Those accomplices will be receiving Cease and Desist notices in the mail shortly.
I hope this event becomes an valuable learning experience for the Ethereum community and wish you all the best of luck.
Yours truly, "The Attacker" ===== END SIGNED MESSAGE =====
Message Hash (Keccak): 0xaf9e302a664122389d17ee0fa4394d0c24c33236143c1f26faed97ebbd017d0e Signature: 0x5f91152a2382b4acfdbfe8ad3c6c8cde45f73f6147d39b072c81637fe81006061603908f692dc 15a1b6ead217785cf5e07fb496708d129645f3370a28922136a32
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Eth's dev did dump 25% of his holdings, this smells of artificial price stability.
Think about it.
BTC is still king and will be for a long time, LISK will come up during the year.
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The eth/newb distribution delay turned out to be good.
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Probably it´s the best to shut down the Laptops, go out and enjoy our lifes, while the Dust settles. In one or two weeks things will be different and hopefully better... I second this motion.
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Don't get it, why on earth that lisk was affected by The Dao being under attack? Lisk and DAO are totally different platform ayt?
Panic selling... ETH drops like crazy too... i call it buying opportunities Piggyback riding on DAO/ETH collapse for fud, completely different chains so LISK should be unaffected once panic settles down.
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Xem price is very low and that is not good
Why is everyone trying to use these failed fud tactics, anyone can see BTC is rising thus the BTC price will not be the same but USD is steady and rising.
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