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Apple Pay is another payment processor. PayPal is 150 million users at $40 billion capitalization. This is compared to digital currencies which will be worth $Trillions when you can get 100+ million users using them (currently we're at 500K-2M users).
It's true that Apple is effectively doing the grunt work that will make merchant adoption of digital currencies immensely easier.. still doesn't do us much good if that means BTC whales are dumping to buy groceries, sports cars and mansions and no new users are coming in.
Still it doesn't address the critical issue here being userbase expansion for digital currencies. Bitcoin has some terrible FUD and bad PR about it and nobody seems to be coordinating user adoption at all.
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Very slow growth in North America, almost no growth in Europe and East Asia is slowing down - that's why markets are declining.
Of course nobody wants to grow the economy in the west as it's not profitable enough. It's more profitable to gamble on real estate and modern art then it is to create a new hyper modern manufacturing with a skilled workforce.
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I read allegations of crisis actors being used to portray the Ebola epidemic. We are told that one of the symptoms of Ebola is blistering and organ liquidation but when was the last time you saw a photo of somebody with that?
Seems like this epidemic is just going to result in more securities at airports and making it more cost prohibitive to fly.. possibly even an upgraded version of the Patriot Act.
Not sure what they are trying to hide.
Could be one of the following
- Stock market correction
- Mass migration from Central America to the United States
- Distracting the news coverage so they don't know that ISIS has downed Apache helicopters, combat aircraft and are expanding
- Various ongoing scandals involving the government (Benghazi and newer developments)
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Is this America's Arab Spring? Is this where it all ends?!  |
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We are playing like broken records. I already said other coins had a cut off and it didn't result in any controversy. You snooze you lose. We already have Chinese NEMsters who've commented on here and on the NEM forum after China blocked BTT.
Before China blocked BTT there were other coins where many people missed distributions, like those 14 people in NXT (IIRC) or the 200 in NODE
"You snooze you lose..." Wow how New Economy Movement of you. The New Economy Movement will not make it EASY for everybody. Just sitting back and expecting everything to go great for you just doesnt work. Intense competition is a pre-requisite to an overall healthy economy. Progress can be made under intense competition but there are winners and losers, thats life and the guys that sit on their fat asses and do nothing are usually the losers. Can we have your contact information to forward to the first person that comes here and finds his stake was given away? We need someone to at least answer to those people if it happens. I assume that would be you? They can pm me and I'll gladly explain to them that investing and never checking in doesn't work. Fair disitribution doesn't mean we're going to drive home to everyone asking them to please have the decency to take those 1000 $ we're offering them. This does $1000 come with a T-Shirt and free chocolate mints? Maybe even a song and dance "Your NEM! Your NEM! P-O-I! P-O-I. . have some NEM... buy some NEM... NEM TIME!", you can have of those confetti launchers shooting off. Did those stake holders give you money or are they getting those stakes for free? Maybe they did "check in" the first 2-3 times this coin was delayed? I am here and getting my coins so it is of no pain to me what happens, but it sure seems wrong to not at least refund their initial investment if there was one. Who said there wouldn't be a refund? Many countless people have been refunded when they couldn't follow instruction (like sending funds from an exchange when it was prohibited) They'll probably be refunded but they'ld have to prove who they are. As we saw with Stellar a lot of people try to scam, hack and lie just for $10. |
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We are playing like broken records. I already said other coins had a cut off and it didn't result in any controversy. You snooze you lose. We already have Chinese NEMsters who've commented on here and on the NEM forum after China blocked BTT.
Before China blocked BTT there were other coins where many people missed distributions, like those 14 people in NXT (IIRC) or the 200 in NODE
"You snooze you lose..." Wow how New Economy Movement of you. The New Economy Movement will not make it EASY for everybody. Just sitting back and expecting everything to go great for you just doesnt work. Intense competition is a pre-requisite to an overall healthy economy. Progress can be made under intense competition but there are winners and losers, thats life and the guys that sit on their fat asses and do nothing are usually the losers. Can we have your contact information to forward to the first person that comes here and finds his stake was given away? We need someone to at least answer to those people if it happens. I assume that would be you? They can pm me and I'll gladly explain to them that investing and never checking in doesn't work. Fair disitribution doesn't mean we're going to drive home to everyone asking them to please have the decency to take those 1000 $ we're offering them. This does $1000 come with a T-Shirt and free chocolate mints? Maybe even a song and dance "Your NEM! Your NEM! P-O-I! P-O-I. . have some NEM... buy some NEM... NEM TIME!", you can have of those confetti launchers shooting off. https://www.youtube.com/watch?v=u6EaJ7kvBHg |
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Quick question, what is stopping all those who received their stakes for free from dumping? In my opinion, there will be a MEGA dump after everyone receives their stakes.
Nothing at all, but if there is going to be a "MEGA DUMP" like you say, why would they wait until launch to do that? Anyone could request a stake on the NXT AE and dump there if they wanted to. Why would someone who only wants to dump be waiting until launch to do so? I don't think there will be any sudden, excessive dumping at launch because it's not like those stakes have all been "locked up" until now. NEM has effectively been on the free market for months now. What's stopping me from dumping? If I recalled I paid like $6.50 something for my NEMstake. Could had dumped months ago on the AE. This is the case for most of the 3000 stakeholders who paid some amount between $2-$50. Most of the 700-something claimed tokens were never put on the market but were claimed for security reasons. I rationalize it as differently. I paid almost no principle (like a Bitcoin buyer in 2009) and thus I have no principle to worry about recovering and thus no incentive to "cut my losses". Multiply that by 3000 and you get a lot of stability. That's why Bitcoin, despite the chaos, has some stability too (due to all the 2009 / 2010 people who are still holding). When did you buy your NEMStake? The lowest the price had been was around 14,000 NXT per NEMStake, and that was back when NXT's price was double what it currently is. Call for participation, NEMstake was initially given away for trivial amounts (like Bitcoin in 2009) but now it's $1000-ish per stake. |
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Quick question, what is stopping all those who received their stakes for free from dumping? In my opinion, there will be a MEGA dump after everyone receives their stakes.
Nothing at all, but if there is going to be a "MEGA DUMP" like you say, why would they wait until launch to do that? Anyone could request a stake on the NXT AE and dump there if they wanted to. Why would someone who only wants to dump be waiting until launch to do so? I don't think there will be any sudden, excessive dumping at launch because it's not like those stakes have all been "locked up" until now. NEM has effectively been on the free market for months now. What's stopping me from dumping? If I recalled I paid like $6.50 something for my NEMstake. Could had dumped months ago on the AE. This is the case for most of the 3000 stakeholders who paid some amount between $2-$50. Most of the 700-something claimed tokens were never put on the market but were claimed for security reasons. I rationalize it as differently. I paid almost no principle (like a Bitcoin buyer in 2009) and thus I have no principle to worry about recovering and thus no incentive to "cut my losses". Multiply that by 3000 and you get a lot of stability. That's why Bitcoin, despite the chaos, has some stability too (due to all the 2009 / 2010 people who are still holding). Of course faith is also a factor here. If the stakeholders are confident about NEM's long term future then they'll refrain from selling. Why sell now when NEM could be $10-$500 in a hypothetical $trillion dollar crypto currency market? |
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We are playing like broken records. I already said other coins had a cut off and it didn't result in any controversy. You snooze you lose. We already have Chinese NEMsters who've commented on here and on the NEM forum after China blocked BTT.
Before China blocked BTT there were other coins where many people missed distributions, like those 14 people in NXT (IIRC) or the 200 in NODE
"You snooze you lose..." Wow how New Economy Movement of you. I don't recall putting three periods at the end of my expression.  I'm having little patience for this broken record playing at the moment. If you want to nitpick on words. It was a call for participation, how much participation is it if you can't even claim your coins within a month period and probably 5 months of warning before that? |
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We are playing like broken records. I already said other coins had a cut off and it didn't result in any controversy. We already have Chinese NEMsters who've commented on here and on the NEM forum after China blocked BTT.
Before China blocked BTT there were other coins where many people missed distributions, like those 14 people in NXT (IIRC) or the 200 in NODE
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Litte question ... 600M Node are in circulation and 400M alre held by the devs ? isnt it quite a bit to big stake ? What is planed with the 400M, someone can explain to me or give me a link ? Interesting coin, but dont know its a good idea to invest, if 40% of the coins are held by the devs. Or did I understood something wrong ?
Those 400Million coins are for development and bounties, dev can explain in detail. They havent planned anything special so far, this coin aint going nowhere. Launch was mistake and too early You have valid points.Devs need to start using 400m for bounties. Yeah do something. |
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You need 240 activity to become a senior member. You get like 7 activity per week, so I'm still a good 4 weeks off from qualifying.
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No. The mistake was giving your hard earned money to what appears to be only two developers pretending to be a development team of 5. I think the number may had been 8 on that graphic they used to post but they've since pulled the photo. NXTL development team - updated!
SkillRoad: The MasterMind
- 5 years Java - J2EE, Core Java development experience ;
- J2EE programming experience, including Servlets, JSP, Web services;
- 5 years PL/SQL Development;
- 5 years Enterprise Java, EJB, Spring, HTML, Javascript;
- 3 years Hibernate;
- Funny Guy;
- Love Puppies xD
Mleekko - J2EE dev for 2 years
Helen85(part-time student) Intern
- Copyright analyst;
- NXT L Member relationship manager!
- Single;
Rooney(not on the forum)
- 3 years of experience using JAVASCRIPT as a primary language;
- Strong OOP Development Skills
- Experience with RESTful / XML and WebServices
- Experience with C# MVC or Google Closure Compiler and Node.js
- Experienced with SQL, HTML
- Extremely Experienced with the INTERNET xD
- Loves WOW!
Raquel(anonymous)
- Languages: JavaScript, HTML5, CSS3, C, C++, Python, MATLAB
- Platforms: Node.js, WordPress
- Databases: MongoDB, MySQL
- APIs: Storify, Twitter, Typekit, Stripe
- Systems Experience: Mac, Linux, Windows Family
- Social Media: Twitter, Facebook, LinkedIn, Google+, WordPress
Currently negotiating to hire:
- Experts in online Payment Processing systems;
- Database devs/managers.
- Encryption specialists.
We’ll keep you updated! NODE is definitely looking to be 2 people pulling a deception on us. |
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The one thing the niggles me is the staggering amount of unclaimed stakes. I tend to think these belong to Chinese accounts. It was decided by the owners of nem that i month was it so i suppose thats it then.
Just something that happens. NODE had like over 200 unclaimed stakes from a pool of 900-something. These were given like 5 months to provide an wallet ID and despite updates and even some PMs didn't follow through. What they did was give more coin to existing stakeholders and then did a controversial fire auction which created dolphins who then proceeded to dump (not the way to go). You really think these 1000 or 800 stakes might all be Chinese? I strongly doubt it. I think a lot of them were just random people off the internet who were like "It only costs the equivalent of a lunch" but completely forgot by June (asset exchange) never mind October. |
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Maybe if some of you guys had been around more on the forums and contributed to discussions more over the last 9 months rather than the last 9 days then you would be listened to more.........on second thoughts , probably not as the comments dont make sense.
What ! I´m trying . .  Yes.....very trying  I choked up from laughter  |
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Actually it is a bad idea from a legality point of view. UP went through a lot of effort to make sure NEM wasn't a security IPO. Now you are trying to make it into an expiring gift card.
Granted an illegal gift card is not as bad as an illegal security but in many countries gift cards cannot expire or lose value anymore, which this proposition is exactly. You are theoretically opening yourself up to a lawsuit down the road where someone could take you to court over this NEM 'gift card' and this is a predictable court ruling. Common law is based on past precedent ruling and prior judges have ruled that you can't revoke gift cards.
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...
We don't need people who'd only suggest problems to a problem. Because that itself is a problem. What we need is a solution to a problem.
Sometimes both "activity" has its benefits. The latter ofc solves the original problem. And the previous can enlarge the discussion around the problem and therefore helps someone to invent the solution. Damn, why can´t i come up with beautiful sentences like this, really. Thanks, "jkoil". Anyway, @"rockethead": you oldtimers control NEM, and we newbies are not entitled to an opinion, or what ? (btw, i´m no "newbie", just opening my mouth now, a bit loud, i confess . . ) Well that's been the case on Bitcointalk for a long time now. People are buying full member and senior accounts for money, so people will listen to their "opinions", and this is the whole forum we are talking about. Case and point - NEM has a rather large pool of 1200+ veterans and additional hundreds more who came before March and more importantly these people had prior experience in other coins. That's a lot of experience and there is a lot of exchange of ideas which makes it possible to utilize that experience. That's compared to something like NODE coin which has a $hitcoin capitalization because only two of their developers browse Bitcointalk, don't really venture outside of NODE much and they don't listen to any experienced ALTers on Bitcointalk. Veteran ALTers on this forum have seen the rise & fall of 100s of alternates and know what went wrong but if you don't listen to them then it's hopeless. NEM on the other hand had developers who themselves were previously active in other coins, then the many experienced veterans who can have their opinions heard, et cetera. This is why NEM has had a very good capitalization for a long time (unreleased based on 4 billion coins or 4000 stakes it's been worth $4-$6 million for awhile). Experience comes with a price tag. I read only: veterans and veterans. Do i have a place in here, or not ? Knee jerk ideas, which have been done in other alternates and had negative results, are neither welcomed from veterans or newbies. Especially if it got shot down 3 times before, mentioning it a 4th time is rather pointless. |
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The newbie account is strong with this one. Countless coins, even your beloved NxT, had cut people off and it had no impact on capitalization. As for your nitpicking about capitalization - you do realize the NxT value of NEM went up by 1000 since thursday? Really you are attributing things to random fluctuations in trading. If you really wanted prices to go down then watch what happens when people start dumping stakes, which they had forgotten about, for a quick payday. |
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How much life are you expecting? By the time you have enough funds for multiple investment rental properties, you are minimum mid-30s or older.
Unless you are buying mobile homes and renting them out to hicks, but as the other guy said you only need one tenant to turn that house into a meth lab or to rip everything out and leave it a condemned structure. You might say it would NEVER happen to YOU but it happens to people.
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Assuming BTC itself remains static - my guesstimate range would be $800 to $5000 per million within a month of launch.
I will be holding for 5+ years.
I think digital currencies will be worth $Trillions someday and something like NEM could be a front runner or one of the runner ups (so anywhere from $10-$500 per unit of NEM might be possible).
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