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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MZC][SHA-256] MAZACOIN ** First Sovereign Currency ** Mintpal, Cryptsy on: March 10, 2014, 07:05:26 AM
Looks like an interesting coin.  Is this premined?
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NYC] New York Coin LAUNCHED on: March 09, 2014, 04:33:01 AM
Just got into the crypto game.  I realize I'm a little late, but hopefully there is much more action to come.  Is New York Coin a good choice for my 3rd crypto?
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEM : Descendant of NXT - 4 billion coins - Equal Shares for ALL on: January 27, 2014, 12:58:15 AM
Sent .008btc

txid:
9e32fdd039882cf4af9fb43a993950e79f29ba3b0ea7f44e91f97d14ccccb225

https://blockchain.info/tx/9e32fdd039882cf4af9fb43a993950e79f29ba3b0ea7f44e91f97d14ccccb225
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEM : Descendant of NXT - 4 billion coins - Equal Shares for ALL on: January 27, 2014, 12:39:54 AM
valedor and mcorc is the same NXT adress.

there are SO many duplicate accounts here that the unfairness will be insane, you should've required facebook authentication or something because this is no better than other coins in terms of fairness, except these guys are even worse as they are just downright deceptive.

I must say that admiral.fu's family story about 8 people wanting in on NEM also seem *very* fishy to say the least. They have not even got involved in NXT, but he is going to hand them NEM accounts? Ok I obviously want to give NEM accounts to my whole family too, so if I send 800 NXT I get 10 nem accounts filled with equal amount of wealth ? Smiley

Just goes to show that short of having a lengthy, centralized and invasive identity verification process, there's really no way to do these distributions in a "fair" way as of now. Using coin taint may be useful, but you still don't know for sure who owns what accounts and is that really a road we want to go down? There really wasn't anything wrong with the initial Nxt distribution. I'm glad all these clone threads popped up. They've just gone to show that the claim of Nxt initial distribution was a fix and could easily be done "properly" is a bogus argument.

As utopian said multiple times. He doesn't mind people making multiple accounts. But the thing is that they have to PM from each of those accounts with whatever the secret phrase is for each individual account to get their share of NEM. So if someone created 100+ accounts then the guy needs to know the login for each account along with having to send a PM from each of those accounts.

All those people trying to buy-in by making up some story about family getting involved won't work unless they create an account for each of those "family members".

In order to gain 1% of NEM right now you would have to:
- create 40 accounts (assuming they stop the list at 4000 accounts)
- donate between .4 and .8 btc
This requires days of time sitting at a computer and a lot of money.

Compared to gaining 1.81% of NXT during ipo:
- send .4btc from one account

Seems like NEM is a hell of a lot fairer.
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] NEX :: Nxt Reimagined - Imagine Fairness! on: January 27, 2014, 12:26:23 AM
interested
6  Other / Beginners & Help / Re: how do you earn trust points? on: January 25, 2014, 10:32:35 AM
A good way to earn trust points is to trade with someone.

You can buy altcoins from people using bitcoin.

After the deal is completely, you can increase their trust rating and ask them to do the same for you.

It's best to trade with people who have been on here and a while and have a good reputation.
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