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

[salsacz]

So the IPO was ended after 27 days? And people had to pay more and more and more during that time? Nxt's IPO was 61 days long and everyone paid only 2 Satoshi for 1 Nxt on day 1 and also on day 61. So Nxt is still 6000x more fair than NEM

well if you registered first for NXT you got a bonus shares - witch was smaler and smaler, with NEM you payed more for the same amount. Same mechanic done other way around.

no, between September and November those nxt shares were the same. They were smaller after the 24th November

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[weichao]

So the IPO was ended after 27 days? And people had to pay more and more and more during that time? Nxt's IPO was 61 days long and everyone paid only 2 Satoshi for 1 Nxt on day 1 and also on day 61. So Nxt is still 6000x more fair than NEM

I would say, NEM IPO is more fair compare with NXT since NXT only around 70 investors and NEM is around 4000. The rule of IPO is also make sure to make NEM more fair. Time duration is not the key point here, the popularity and participation is the key. I dont think other Crypto coins meet this 4000 number at IPO stage.
So, good job utopianfuture. Excellent IPO process. (Except for the exchange ;-), please consider to change back. )

[erkki12]

So the IPO was ended after 27 days? And people had to pay more and more and more during that time? Nxt's IPO was 61 days long and everyone paid only 2 Satoshi for 1 Nxt on day 1 and also on day 61. So Nxt is still 6000x more fair than NEM

well if you registered first for NXT you got a bonus shares - witch was smaler and smaler, with NEM you payed more for the same amount. Same mechanic done other way around.

no, between September and November those nxt shares were the same. They were smaller after the 24th November

Well you can bitch about the IPO's, but the fact will be that the initial distribution of NEM will be fairer than NXT's. Why? there will be at least 1000+ unique users confirmed instead of 73. The market manipulation which has been horrible in NXT will not be possible therefore in NEM. And that will be fair IMO.

[salsacz]

I think BCNext did one mistake - max amount for donations should be 1 million Satoshi, so there would be more stakeholders and also more stakeholders with maximum amount of starting Nxt. But still, thousands of users had a chance to pay 1 million satoshi during 61 days, however they didn't do it. If this forum has got 200.000 users, then only 2% are in the IPO

[Eadeqa]

So the IPO was ended after 27 days? And people had to pay more and more and more during that time? Nxt's IPO was 61 days long and everyone paid only 2 Satoshi for 1 Nxt on day 1 and also on day 61. So Nxt is still 6000x more fair than NEM

I would say, NEM IPO is more fair compare with NXT since NXT only around 70 investors and NEM is around 4000.

This is not fault of Nxt. Nxt IPO was open for 61 days. It's not Nxt fault that people were more skeptical and didn't want to join. Looking back, most here would love to go back in time and join Nxt. The reason why Nem got so much interest this time around is because of success of Nxt.

[suky321]

@utopianfuture:

Out of interest, when will there be an announcement regarding stakeholders now that we've reached page 90 of the stakeholder thread?

[oldnbold]

UP has already commented on this when other users were saying the same thing you just put. They have been advertising, as well as word of mouth, and other user's friends. I know 3 of my friends recently joined and sent in the 0.75 BTC required. They had no idea about crypto currency or even Bitcoin until I told them and I am even new to all this. Do you expect people who never heard of crytpo currency or NEM to automatically be a veteran user on this forum? I don't post anything but I read everyday on here and I have been ever since I heard of NEM. Doesn't make me a sock puppet account or a multiple stake holder of NEM. If they are buying more stakes than what they are allowed and trying to get away with it than hopefully they will be caught and the funds returned but if not than there is nothing we can do about it.

Btw I recently reconsidered my position concerning multiple accounts after I sent a link to NEM thread to all my friends and even suggested to give them neccessary amount of Nxt to buy a stake. Do you know what happenned? Nothing! Most of them were so fucking lazy that they didn't do anything. I even had to buy a stake for my own brother because he didn't buy it himself. He could buy a stake for 40 Nxt and I bought it for him for 500 Nxt! So I guess Nem ipo is just a reflection of life.

A successful businessman once said that most people sleepwalk through life; they just can't see the opportunities all around them - but just wait, when NEM has become a run away success they'll all start bitterly complaining. You can't win.

[Deutsche-Hantelbank]

What do you guys reckon 1 Nem could be worth after it launches? Judging by NXT I predict anything between $0,01- $0,03

 

[patmast3r]

What do you guys reckon 1 Nem could be worth after it launches? Judging by NXT I predict anything between $0,01- $0,03

 

I think that's very ambitous. It took NXT a while to get where it is and there are far mor NEMs than NXTs.
I'm not going to estimate though cuz I'm always wrong about this kind of stuff

[Fatih87SK]

Exciting times! Good luck to everyone!

[leagoti]

 " So DO NOT SEND the fee to NEM from an exchange, you would need to withdraw to your account first"
The aim of this rule is avoiding one people with many accounts,isn't it .
But I explain as following:
In order to introduce more people into this project in china.
I advert the advertisement in the qq group(most pop in china).(I can find the history of chat)
I advert the advertisement in the baidu forum(most pop in china).(I can give the link)
But I find some chinese have no wallet of bitcoin and nxt.
so I promise I can send BTC for them,for they pay CNY or giving the other coin to me.
I have sent several times from my wallet.
so I must claim this.

[Lasmiranda]

Dont compare all the time NXT with NEM…especially the IPO. Every currency got its unique characteristics.
I believe in NEM and its unique features.

[Mesutalkali]

I can imagine that NEM could rise faster than NXT with a big community which it supports well.

The time will show, what will happen to NEM.

In my dreams, NEM has already the value of 0.1 Dollar . NXT is falling back to 0.01 Dollar

[ashapasa]

STEP 2 : Spread the word

Congratulations to all stakeholders of the NEM revolution. Stage one of the project was a huge success now we must leverage our strength of numbers to our advantage.

- I request all my fellow stakeholders to change their account signature in support of NEM. We have 3000 accounts lets use this. Stakeholders who are members of other forums be it a sports forum, music forum or any other forum also please change your signature to support NEM.

If we were to all do this together, NEM will be everywhere. I urge all fellow stakeholders to do this, play your part in NEMS surprise success. 

[chihao87]

STEP 2 : Spread the word

Congratulations to all stakeholders of the NEM revolution. Stage one of the project was a huge success now we must leverage our strength of numbers to our advantage.

- I request all my fellow stakeholders to change their account signature in support of NEM. We have 3000 accounts lets use this. Stakeholders who are members of other forums be it a sports forum, music forum or any other forum also please change your signature to support NEM.

If we were to all do this together, NEM will be everywhere. I urge all fellow stakeholders to do this, play your part in NEMS surprise success. 

Good idea. I changed my signature.

[cgminer-o]

+1

[ashapasa]

STEP 2 : Spread the word

Congratulations to all stakeholders of the NEM revolution. Stage one of the project was a huge success now we must leverage our strength of numbers to our advantage.

- I request all my fellow stakeholders to change their account signature in support of NEM. We have 3000 accounts lets use this. Stakeholders who are members of other forums be it a sports forum, music forum or any other forum also please change your signature to support NEM.

If we were to all do this together, NEM will be everywhere. I urge all fellow stakeholders to do this, play your part in NEMS surprise success. 

Good idea. I changed my signature.

Thanks chihao87, ask your friends to it too. We are 3000 NEMs here, lets be like rabid dogs of the NEM revolution or the crazy monkey if u prefer

[ashapasa]

+1

Cgminer make it +2 ask your friends too be the crazy monkey

[chihao87]

Hi utopianfuture,

Just checked IPO thread and found this sentence.  " So DO NOT SEND the fee to NEM from an exchange, you would need to withdraw to your account first"
Unfortunately, I used the exchange to send the fee and didnot see this info. Further more, I dont think it is a right way to justify, please see my points below.
1. Someone could just create many Blockchain accounts and send the fee to IPO address. Since each blockchain account has it's bitcoin address, therefore, one individual could have many bitcoin address to send fee.
2. If someone dont know the option 1, he could create virtual servers to create more bitcoin address.
3. NXT user is easy to create accounts through different password phrase.
4... many other ways to create different addresses.

Therefore, it doesnot make sense to track bitcoin address.

And please help to count me in for NEM IPO.

Thanks,
Wei Chao

Hi Wei Chao,
The same situation here. I sent the fee through exchange as well and not sure if I have the same receive address.
Actually, I had another user name "anyboy" which has lost password and not able to retrieve. So I create this account to send the fee again.
If I cannot be in IPO, I must be cursed and will keep fighting with this unfair judgement and treatment.

Keep in touch.

No worries, guys. I believe the rule here is just want to be more fair. As long as you sent the fees before 90 you should be one of our IPO members.
Cheers!

I hope utopianfuture could read this thread more carefully as I sent fee through exchange as well. As a student, I don's have much experience and money. Hopefully, I could be one of NEM IPO member so that I could tell my classmates NEM and NXT.

Ha, looks like there are many like me 
I noticed there is a Chinese IPO translation version: https://bitcointalk.org/index.php?topic=437140.msg4803964
Many Chinese don't understand English very well, and only refer to this version. They may also don't know what is the change on the main thread as the Chinese version is not changed.

Well, I only hope the IPO could be fair as someone may create muliti Bitcoin accounts as well.

Unlucky, I used exchange to send fee as well. 
What's the solution now? Am I still in?

[ashapasa]

Dont worry    I am sure utopianfuture will sort it out, if not I will give you some of my own coins , cheer up we are all of the NEM family now