[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread

[greatway]

I think alpha should be two weeks away.

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[romawi]

Looking to buy waiting list spots. If you're on the waiting list and want to sell your stake along with your forum account I'll pay 0.2btc for it. Pm me if interested.

2 weeks ago you have posted this:

I'm selling my Nem stake for 4 bitcoins This stake, 1 if 3,000 stakes total will bring you ~1 million NEM coins when the coin goes live. Distribution will take place through forum stakeholder accounts through pms claims only.

Upon payment, you'll receive account login details for the bitcointalk account tied to the purchased stake.

You want to buy cheap stakes for sale?

[gimre]

i was thinking if a stand alone nem pool was built.. now this is a bit ballzy.. but build a pool just for nem.. but support other multipools.. not other coins.. so take for instance blackcoin..

the miner at home with his rig aims his rig at the blackcoin pool.. the blackcoin pool aims its "rig"(mining power from its miners) at the nem pool.. combine the hashing power of nem and blackcoin.. when paying out the pool sells the mined coins for btc.. sends to the blackcoin pool the proportional amount of btc in relation to the hash power provided.. with whats left over.. nempools share of btc.. nem is bought and sent to miners.. the black coin pool receives the btc, buys black coin and sends to its miners..

I'm wondering, HOW would you get whole POOL pointed at your pool?

WHY would they want to do that?

Big pools (mind pools not multipools) have over 5k members, you'd need ENORMOUS user base to beat that.

(…) making us forever more profitable then any other coin regardless of what they do.

pow dies(ether their coin turns pos, the miners directly mining for that coin come join nempool and turn from supporting the networks of pow to killing it, or there is a slow steady drain of value from the big time pow coins forcing a flow of value from the big time pow coins into nem)

This is circular logic, if pow dies, you don't have ANY profit, if you don't have profit new POW coins emerges, you start mining them again and so on ad infinitum.
Therefore nem miners instead of fighting POW would actually sustain POWs indefinitelly.

Also, I'm not sure if you've noticed, but this whole idea with mining POW to buy POS coin, effectively changes POS coin into POW coin
(fortunately market would most likely react and POS value will go up, but isn't it "pump-and-dump" bell that I hear ringing in the background?)


Keep in mind, these are NOT reasons why I'm against, I have different ones.

[vytasz7]

Looking to buy waiting list spots. If you're on the waiting list and want to sell your stake along with your forum account I'll pay 0.2btc for it. Pm me if interested.

2 weeks ago you have posted this:

I'm selling my Nem stake for 4 bitcoins This stake, 1 if 3,000 stakes total will bring you ~1 million NEM coins when the coin goes live. Distribution will take place through forum stakeholder accounts through pms claims only.

Upon payment, you'll receive account login details for the bitcointalk account tied to the purchased stake.

You want to buy cheap stakes for sale?

Looks like somebody tried to sell a stake he didnt have or was just trolling.Stake for 0.2 btc, you wont find anybody that stupid.

[abofj]

i was thinking if a stand alone nem pool was built.. now this is a bit ballzy.. but build a pool just for nem.. but support other multipools.. not other coins.. so take for instance blackcoin..

the miner at home with his rig aims his rig at the blackcoin pool.. the blackcoin pool aims its "rig"(mining power from its miners) at the nem pool.. combine the hashing power of nem and blackcoin.. when paying out the pool sells the mined coins for btc.. sends to the blackcoin pool the proportional amount of btc in relation to the hash power provided.. with whats left over.. nempools share of btc.. nem is bought and sent to miners.. the black coin pool receives the btc, buys black coin and sends to its miners..

I'm wondering, HOW would you get whole POOL pointed at your pool?

WHY would they want to do that?

Big pools (mind pools not multipools) have over 5k members, you'd need ENORMOUS user base to beat that.

(…) making us forever more profitable then any other coin regardless of what they do.

pow dies(ether their coin turns pos, the miners directly mining for that coin come join nempool and turn from supporting the networks of pow to killing it, or there is a slow steady drain of value from the big time pow coins forcing a flow of value from the big time pow coins into nem)

This is circular logic, if pow dies, you don't have ANY profit, if you don't have profit new POW coins emerges, you start mining them again and so on ad infinitum.
Therefore nem miners instead of fighting POW would actually sustain POWs indefinitelly.

Also, I'm not sure if you've noticed, but this whole idea with mining POW to buy POS coin, effectively changes POS coin into POW coin
(fortunately market would most likely react and POS value will go up, but isn't it "pump-and-dump" bell that I hear ringing in the background?)


Keep in mind, these are NOT reasons why I'm against, I have different ones.

" mining POW to buy POS coin, effectively changes POS coin into POW coin(fortunately market would most likely react and POS value will go up, but isn't it "pump-and-dump" bell that I hear ringing in the background?)  "   


THAT have also I doubted.
Though I haven't really understood the idea of NEM multipool, it has brought some "bad smell" : .  NeM connected to PoW.

Maybe some could present the problem clearly and shortly and then the community can get a good vision about it. 

[loveyou]

when will update the final list ?
pleae tell me??

[conbos]

Hi guys,

I have been reading the thread sporadically since the real world keeps me quite busy. But, some progress has done. Recapitulating:

1) final stakeholder list ready
2) first offer to participation to the waiting list
3) some updates on the development plan but not final contract yet
4) alpha version soon to release
5) mining is not an official option but it would be possible as part of the ecosystem
6) auction (?)

Is there any announcement/update missed? Thanks and long live NEM! 

[Djinou94]

When the auction start?

[jluhxd]

When the auction start?

Any update about the auction? Has it started yet?

not yet, probably won't start until the open Alpha since we want to avoid scam accusation. 

[teamshow]

Hi guys,

I have been reading the thread sporadically since the real world keeps me quite busy. But, some progress has done. Recapitulating:

1) final stakeholder list ready
2) first offer to participation to the waiting list
3) some updates on the development plan but not final contract yet
4) alpha version soon to release
5) mining is not an official option but it would be possible as part of the ecosystem
6) auction (?)

Is there any announcement/update missed? Thanks and long live NEM! 

Thank you for this detail conclusion. this is very helpful for the comers to understand what things are happening.

[Fatih87SK]

SWARM team.

Promote yourself again for more users to join.

[j23a]

Who's going to sell their stake for .2. This coin is going to be huge.

[frajervitalny]

Who's going to sell their stake for .2. This coin is going to be huge.

No one. That was just some desperate try, I guess. The guy knows very well NEMs value, that is why he wanted 4btc for stake. 

[Trollollo]

Who's going to sell their stake for .2. This coin is going to be huge.

No one. That was just some desperate try, I guess. The guy knows very well NEMs value, that is why he wanted 4btc for stake. 

One stake must be woth much more.Not 4 BTC...

[zsuhsl]

Who's going to sell their stake for .2. This coin is going to be huge.

No one. That was just some desperate try, I guess. The guy knows very well NEMs value, that is why he wanted 4btc for stake. 

One stake must be woth much more.Not 4 BTC...

+1, Below 4btc, I would choose to buy not to  sell

[Fatih87SK]

Guys.

Follow https://twitter.com/NEMovement

I presented it to the Trello board as well. With that account I will inform you about the latest updates of NEM.
I will also promote it to the Crypto world.

[annna]

The guess about the price of 4 or 0.2BTC. First let Dev launch coin. Then the market will. 

[patmast3r]

The guess about the price of 4 or 0.2BTC. First let Dev launch coin. Then the market will. 

Auctions will occur before the launch so guessing will have to as well
I'm really curious to see if people are really willing to pay as much for a stake as they have already bid in this thread. My guess is that few of them will put their money where they mouth is but we'll see

[Fatih87SK]

We're forming a SWARM team devoted to the promotion of NEM. We're looking members who are willing to do commenting and upvoting/liking articles, posts, videos etc. in order to promote NEM.

All interested, please send me email to the address nempromotion@gmail.com or PM with your email address and I'll list you! Please include your bitcointalk username in the post.
[/b]
For the record the SWARM team is not yet active, since there is no coin launched. We're forming the team now, so that we'll have it ready when the need comes.

[Fatih87SK]

We could play around with the wallet @ this website. It is unavailable now.

Anyone knows why?

http://www.danhgiakpi.com/nemClient/web/index.html#ajax/dashboard.html