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

[patmast3r]

@utopian: Are you saying you only want us to vote among the ones you just posted ? Shouldn't the community get a say in that ? I mean yes those are among the best but still...

On a side note some are partially or completely stolen from other logos so we'll have to dismiss those.

I just think they are nice but probably neglected because of their small sizes in the Flickz.

I also think their nice but I still think the community should be allowed to decide.
Can you see how many times a picture has been favorised by a person ? That would be an easy way to vote since you don't even need to be registered to favorise a pic
Everyone could just favorise the pictures they'd like to see elected as logo and the logo with the most "points" wins.

Sure. Community decides the logo. But generally website owners and app owners can choose the materials they want to use too .

Yeah you got a point there. We'll as long as we find one and stick to it consistently I'm fine.

[1715655339]

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[BitZCoin]

@ DaFockBro
I don't believe him anything^^

[gramufibus]

Please set the limit at something reasonable like 15-25 stakes.  

I would hate to disappoint all my friends and family that I got excited about the NEM project.  They don't even own any crypto at all.  The NEM I bought for them was going to be their first ever introduction to the crypto world!

Can You honestly put Yourself in everyone else's shoes and see how this looks?  I would love for all my friends and family to join nem too.  I'm sure You can understand the point of view of all Your fellow stake holders, that going about creating multiple accounts to get additional stakes is against the spirit of the rules.  This whole thing is a matter of trust, and what little rules were put forth in the beginning by utopianfuture were meant to be followed in spirit, not used as an angle to maximize self interest, like some legal clause.

[Jenska]

You're going to be running taint analysis on the stake buys and booting out multi-stakers? I bought more than a few shares myself but as instructed I used new accounts and sent from different addresses. Prior from what I just read, I understood this was acceptable. Or will it be retro-d in?

Will my money as well as others doing the same be honored or thrown put and will there be refunds issued? I just need to clear this up.

There will be refunds for big-multi-accounters. The goal is to distribute the stakes widely and evenly (but not perfectly even)

Taint analysis is taking it way too far.

NEM will be reduced to people arguing over each other's taint.


This is unfair to the earlier people who spent many hours creating new accounts (waiting 4 hours before they could post on each one).

The newer people now know that they have to mix their coins between wallets to hide the taint.

The earlier people were told it was fine to use new accounts with unique wallets, nobody said anything about taint analysis or having to send their coins through a mixer.

Applying taint analysis is very unfair to people who did not know mixing their coins was ANOTHER hassle they had to go through.


With taint analysis:
The guy who put in the effort and money to get 10 stakes, but did not send his coins through a mixer, gets a refund.
While the guy who put in the effort and money to get 10 stakes AND mixed his coins, gets to keep his 10 stakes.
How is that fair?


Utopianfuture said over and over he would not be applying new rules retroactively.
Please stick to your word and don't apply new rules like taint analysis retroactively.

There are no new rules

4. How could you prevent multiple buy-ins ?

In short - We can't. Multiple buy-in will be possible with multiple accounts. We also want you to have the ability to buy a NEM stake for your loved ones so they could all join the movement. However accumulating many NEM stakes goes against NEM's principles of fairness and equality, therefore the development team reserves the right to refund you the money if an effort to unfairly accumulate NEM stakes is discovered.

NEM Flickr page http://www.flickr.com/photos/115246188@N06/

So the guy who puts his coins through a mixer gets to keep his 10 stakes, but the guy who didn't put his coins through a mixer gets a refund then?

We were told new address, new account was enough.  Nobody mentioned the requirement to use a coin mixer until the last few pages of this thread.

I've been helping family and friends buy stakes in NEM.  I did not know I had to mix the coins though.  Are all my friends and family going to lose their NEM stakes because their bitcoin wallets connect back to mine?

Read what uptopian posted:  "therefore the development team reserves the right to refund you the money if an effort to unfairly accumulate NEM stakes is discovered"

It's not about you helping your friends - You'll be fine. It's about people buying > 10 stakes.
Also it was never okay to to buy more than 2 stakes. 1 for you and 1 for your loved ones. Sending them through a mixer would not have it made okay it would just have prevented taint analysis.

I've been telling everyone about NEM and collecting cash from friends and family to buy stakes.

It's going to be a huge bummer if I have to refund everyone's money because I didn't know I was supposed to mix the coins.

I bought a lot of stakes for people before there was even a unique address requirement!


Please set the limit at something reasonable like 15-25 stakes.  

I would hate to disappoint all my friends and family that I got excited about the NEM project.  They don't even own any crypto at all.  The NEM I bought for them was going to be their first ever introduction to the crypto world!

Are u kidding ? 15-25 stakes thats too many!

[TauMuon]

Poll for the logo.

Imgur album of the options (and their corresponding numbers) can be found here.

Get votin'!

[hamiltino]

if NEM gets to a 4 billion doller market cap, that means each stake holder will get 1 million dollers.

[xax515]

To me it's painful to stay with so many stakes, 15-20-150 stakes? then not distribute to family and friends. It is very sad to criticize the rich, and then get away with a lot of money.


I'm meeting friends. For now, I have five insured. They are willing to send ID.

I want to ensure stakes to my family and friends.

You need to have five detached house? NEM need some monitoring, if we want it to be equal.

And early investors, Would have to be well Analyzed, They have not put even a penny.

[Market6677]

then have your coins but another otherwise the whole would not work

[TauMuon]

if NEM gets to a 4 billion doller market cap, that means each stake holder will get 1 million dollers.

Not asking for much, eh? that'd put it's market cap at ~8.5x LTC's current market cap.

If it happens, it won't be for a while!

[Market6677]

To me it's painful to stay with so many stakes, 15-20-150 stakes? then not distribute to family and friends. It is very sad to criticize the rich, and then get away with a lot of money.


I'm meeting friends. For now, I have five insured. They are willing to send ID.

I want to ensure stakes to my family and friends.

You need to have five detached house? NEM need some monitoring, if we want it to be equal.

And early investors, Would have to be well Analyzed, They have not put even a penny.

[hamiltino]

if NEM gets to a 4 billion doller market cap, that means each stake holder will get 1 million dollers.

Not asking for much, eh? that'd put it's market cap at ~8.5x LTC's current market cap.

If it happens, it won't be for a while!

Even if Nem gets to 100 million, that still is 25000 per stake holder.

[Market6677]

To me it's painful to stay with so many stakes, 15-20-150 stakes? then not distribute to family and friends. It is very sad to criticize the rich, and then get away with a lot of money.


I'm meeting friends. For now, I have five insured. They are willing to send ID.

I want to ensure stakes to my family and friends.

You need to have five detached house? NEM need some monitoring, if we want it to be equal.

And early investors, Would have to be well Analyzed, They have not put even a penny.

talking no nonsense you wanted to cheat here and have noticed that it blows up sooner or later!
If you want your friends to sign up yourself here! But there is no because you have anything for you wanted!

For you, as for everyone else it should not be exceptions then comes the next and wants for his 20 siblings and 5 unborn children a share.

Your annoying!

[salsacz]

cheaters are everywhere. 1 Btc acc for 1 stake is quite fair.

6. Can you compare NEM to NXT, Mastercoin, CounterParty Protocol and Ethereum ?

In short NEM is the first crypto-coin that no wealthy person or early adopters can obtain a significant percentage of by using money to buy-in or by using a huge mining rig. That to me symbolizes a great sense of fairness and egalitarianism. There will also no one with many  NEM available for "dumping" when it starts on an exchange. That means there will be a significant financial upsides to NEM.

[hamiltino]

To me it's painful to stay with so many stakes, 15-20-150 stakes? then not distribute to family and friends. It is very sad to criticize the rich, and then get away with a lot of money.


I'm meeting friends. For now, I have five insured. They are willing to send ID.

I want to ensure stakes to my family and friends.

You need to have five detached house? NEM need some monitoring, if we want it to be equal.

And early investors, Would have to be well Analyzed, They have not put even a penny.

[Eadeqa]

@ DaFockBro
I don't believe him anything^^

Exactly. 15 to 20 stakes. What a joke.

I say lets close this already. We have enough stakeholders. Everyone new is basically a sock puppet.

[erkki12]

To dear fellow investors xax515 and DaFockBro:

Are you fucking serious?!?

You are now crying that you have bought through your account more than 20 stakes to your friends and family. How can this be, it was clearly stated in the OP that you can buy 1 stake for yourself and 1 for your loved ones.

I don't believe a single word of that bullshit that your trying to sell here. You have multi-bought only to yourselfs, just admit it.

As I've already exposed one multi-buyer with over 70+ stakes I will go through you hashes and see for my self the true amount that you've bought. IMO all stakes owned by the same person, over the amount of 2, should be refunded. Period.

[Jenska]

To dear fellow investors xax515 and DaFockBro:

Are you fucking serious?!?

You are now crying that you have bought through your account more than 20 stakes to your friends and family. How can this be, it was clearly stated in the OP that you can buy 1 stake for yourself and 1 for your loved ones.

I don't believe a single word of that bullshit that your trying to sell here. You have multi-bought only to yourselfs, just admit it.

As I've already exposed one multi-buyer with over 70+ stakes I will go through you hashes and see for my self the true amount that you've bought. IMO all stakes owned by the same person, over the amount of 2, should be refunded. Period.

+1

[utopianfuture]

To me it's painful to stay with so many stakes, 15-20-150 stakes? then not distribute to family and friends. It is very sad to criticize the rich, and then get away with a lot of money.


I'm meeting friends. For now, I have five insured. They are willing to send ID.

I want to ensure stakes to my family and friends.

You need to have five detached house? NEM need some monitoring, if we want it to be equal.

And early investors, Would have to be well Analyzed, They have not put even a penny.

We are looking for participants not investors. All of your friends who has litter desire to be involved in crypto could stay off this. 1 NEM stake would be more than 1 million NEM and that's a lot of NEM. You could just give 10K-20K to your friends to try out when we launch. If my calculation is right, we won't even need to touch the development fund until the blockchain is launched so there are no real need for passive investors.

About the issue of gradually raising fee and early participants, it is designed that way for a reason. First 10-15 pages participants are all unique veteran members of this forum and we are stronger with them than without. Our two main developers Theis and Jaguar join in at around pages 15-20 and now they are instrumental in pushing NEM's technical development forward. The fees are raised gradually because our movement is getting stronger with every added member. The fees are kept raising relatively small amount at the tail end because I don't want it to be too expensive for people to join in. But after the development plan is shown, you are getting a very good bargain to join in at that time and be at an equal status to early participants.  

[erkki12]

@ DaFockBro
I don't believe him anything^^

Exactly. 15 to 20 stakes. What a joke.

I say lets close this already. We have enough stakeholders. Everyone new is basically a sock puppet.

+1

I'm also starting to think that it wouldn't be a bad idea to close this already, surely when excluding the socketpuppets we must have over 500 different people as participants.

[j23a]

I know it's a lot of work, but from now on it should be PayPal only. From the people that I've tried to get into this, it's hard for them to understand the whole process of getting Bitcoin's, NXT. Even doing it through PayPal is hard for them. I'm willing to help them but I don't want to give them NXTs because I don't want it to look as if I'm creating multiple accounts. So I think PayPal, would be best to stop multiple accounts, since a person can only have one PayPal linked to their identity.

I tried to help a friend join through PayPal, but it seems that Utopianfuture is not doing that anymore.