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

[Scharfenberger]

@ all :

This is NEM-thread. There is no room for other coins! Especially not for NAS-coiners which want to harm the reputation of NEM!

[TwinWinNerD]

@ all :

This is NEM-thread. There is no room for other coins! Especially not for NAS-coiners which want to harm the reputation of NEM!

One last thing before I shut up about NAS on this thread.

The creator is chinese and wanted to say the following:

NAS: It is no scam, and it is also not still in developement like NEM or NEXX and will be launched soon.

what he said was:

NAS: No scam! No another NEM or Nxx!

Don't bash him for not speaking english fluently....

[Scharfenberger]

@ all :

This is NEM-thread. There is no room for other coins! Especially not for NAS-coiners which want to harm the reputation of NEM!

One last thing before I shut up about NAS on this thread.

The creator is chinese and wanted to say the following:

NAS: It is no scam, and it is also not still in developement like NEM or NEXX and will be launched soon.

what he said was:

NAS: No scam! No another NEM or Nxx!

Don't bash him for not speaking english fluently....

In this case he should remove this picture when it is not reflecting what he want to say!

[TwinWinNerD]

He can't his account got banned, because of the rule that you can't use a thread for people posting "intrested" and the like

[apullman]

Anybody know when the NEM whitepaper will be ready?

[Thingamajig]

@ all :

This is NEM-thread. There is no room for other coins! Especially not for NAS-coiners which want to harm the reputation of NEM!

One last thing before I shut up about NAS on this thread.

The creator is chinese and wanted to say the following:

NAS: It is no scam, and it is also not still in developement like NEM or NEXX and will be launched soon.

what he said was:

NAS: No scam! No another NEM or Nxx!

Don't bash him for not speaking english fluently....

Sorry, he deserves every bash he gets.

If it's truely a misunderstanding, he'd quickly correct it. Has this happend? No. The NAS thread has been in existence since march 19th - nearly 4 weeks, so he'd had plenty of time to change it regardless of being banned.

This underlines the true nature of this NAS coin - a deception, and deceptions stink of scam. A good coin/project doesn't go around declaring FUD, it knuckles down and does it's own thing. If people fall for scams, this is their choice.

Let him spread FUD if that's what he chooses, but that sort of conduct hardly casts his own project in a good light - at least by those who invest wisely.

[STforLife]

Is there something contagious in the nxt source code.... Huh that demands super concentrated distribution??

The developers miss the elephant in the room....


NXT looks good, but is held back by the initial distribution to only 71 people...

So you clone next and obviously you take away this criticism so that your coin may not have this to drag it down.

So now we get NAS - - guess what 71% to 11 people with the largest of the 11 holding 20% of the entire minting.... LOL what the fuck?




Is it true that the top 3 IPO investors received 37% of all coins, and the top 11 IPO investors received 71% of all coins?

Ranking   Account Number   NAS received   % of total 10bn NAS
1   16545239077924294773   1993005000   19.93%
2   1017925928554332177   997500000   9.98%
3   12962305291451856272   733761000   7.34%
4   10154666925216279036   527478000   5.27%
5   9437257435252063080   470820000   4.71%
6   17852752570692853871   439698000   4.4%
7   9431573599992481224   399000000   3.99%
8   3946695318601168288   399000000   3.99%
9   9073375756757743601   399000000   3.99%
10   9936206869497287267   399000000   3.99%
11   7827670721723948264   398800500   3.99%

some apparently bought nearly 2 000 000 000 coins for 0.49 BTC and wants to sell it now for MIN of 500BTC  lol wtf  this board gets more insane by the day?


the giveaway was crumbs for hundreds of people.... all combined have a fraction of 1 person.

But wait there is a huge giveway right?

NO - everyone else get's to share just  10% of ONE persons personal stash? this is just crazy.

So 1 single person holds 20% everyone else gets share between hundreds of them 2% ? what?


Even with NXT you could buy it cheap from the ipo holders for a while.... these NAS guys only want 800-1200X their investment a few days ago.


Can someone copy and paste next and actually distribute the coins out to MORE than 11 people?  



Anyone buying this at 25 sats is insane....


Some one will be a long shortly with the next nxt clone that actually gets some kind of reasonable distribution model going.



If you could not be bothered to read that.........


NAS distribution  is  WAY worse than Nxt's distribution. The giveaway means nothing in real terms.

Someone needs to release a nxt clone that does not allow 11 people to hold 71% of the coins.... how difficult can it be.

It is copy pasted post from other thread.
Sorry, I couldnt resist. I dont wanna newbies getting burned and got in pessimist vibe, when NEM is released.

[scg1000]

If you could not be bothered to read that.........


NAS distribution  is  WAY worse than Nxt's distribution. The giveaway means nothing in real terms.

Someone needs to release a nxt clone that does not allow 11 people to hold 71% of the coins.... how difficult can it be.

It is copy pasted post from other thread.
Sorry, I couldnt resist. I dont wanna newbies getting burned and got in pessimist vibe, when NEM is released.

Im pretty sure the distribution model is one of the main reasons newbies are drawn to NEM. I think in the long run for mass adoption of NEM - initial distribution most likely wont be of a conern as it is in the initial stages. Ultimately, features and functinoality of NEM are of the utmost importance. If its all about short term returns  then I have no problem with a newbie being pessimistic and selling to persons who believe in NEM and its future.

[ShawnLeary]

If you could not be bothered to read that.........


NAS distribution  is  WAY worse than Nxt's distribution. The giveaway means nothing in real terms.

Someone needs to release a nxt clone that does not allow 11 people to hold 71% of the coins.... how difficult can it be.

It is copy pasted post from other thread.
Sorry, I couldnt resist. I dont wanna newbies getting burned and got in pessimist vibe, when NEM is released.

Im pretty sure the distribution model is one of the main reasons newbies are drawn to NEM. I think in the long run for mass adoption of NEM - initial distribution most likely wont be of a conern as it is in the initial stages.

Anyone who invested a full bitcoin into NXT, which was only 4-5 people ($130 at the time) got around 47M NXT.  Valued at $6.5M a few times this year,  I'm 99% sure that 99% of their stakes have been distributed at this point.  Wouldn't you have already sold and quietly moved to Guatemala or Honduras by now?

[dzarmush]

some apparently bought nearly 2 000 000 000 coins for 0.49 BTC and wants to sell it now for MIN of 500BTC  lol wtf  this board gets more insane by the day?

People bought hundreds of millions coins during the first week after IPO was over. He doesn't have 2B coins anymore. Even if he does what your problem with that? Unless he doesn't sell a lot of coins on exchnges and doesn't hurt price level I don't care if he has 50% coins. Some people just can't stand the idea of someone's luck. Don't be so stupid and greedy, guys.

[Swalters]

I'm curious, how do the NEM developers collaborate? If this helps, I found some online development environments where the team can chat and edit the same code in realtime.
Cloud9 IDE https://c9.io
Codenvy https://codenvy.com
Compilr https://compilr.com
Koding https://koding.com

[bigcoinking]

Do we have a timeline when the coin will be launched?

No definite timelines as of now. Rough estimates are as follows:

• Stakeholder Social Contract (including final stakeholder list and development roadmap) - in time for the alpha client launch. Possibly a week or so sooner.
• Alpha client launch for testing - Late April 2014
• Launch - Late May 2014

Other F.A.Q.s here.

Good to know. Looking forward to Stakeholder Social Contract.

[Eadeqa]

NXT looks good, but is held back by the initial distribution to only 71 people...

This is nonsense, as far as I am concerned. Nxt IPO was open to everyone for 2 months. There were fewer people on the forum back then, and many were skeptical claiming it a scam. In one way that turned out to be a good thing as they didn't have to deal with sock puppets. That was back in Oct/Nov of 2013, and it's irrelevant now as there are somewhere around 25,000 nxt accounts with at least one nxt in them.  Nxt distribution is no worse than bitcoin where early miners still have vast majority of bitcoins.  It's not going to make a difference going forward. What matters now is current development, active developers, adding new features, making it more useful as a platform to wider audience, and active community. Just a quick look at the forum https://nxtforum.org/ and it's clear nxt have all these properties.

[BigWait]

Whatever the plan is I suggest you make it quick Smiley Someone tossed this on to the Litecoin forums and the post was met with a rather cold Ponzi/Premine sentiment. Which is, in a sence, a very logical response from any non Belieber.

[sdersdf2]

Is there any guesstimate on when stakeholders will be informed of how to claim their stakes (via BTT or other means)?

[patmast3r]

Is there any guesstimate on when stakeholders will be informed of how to claim their stakes (via BTT or other means)?

No - at least not an "official" one.
My personal guesstimate would be June - July. 

[patmast3r]

Anybody know when the NEM whitepaper will be ready?

Nope but I cann assure you it'll be worth the wait
Devs are still ironing out the kinks so there are no final specs yet which means there is nothing final to write about. Doesn't make sense to write a whitepaper about "this might be how we propose to do things but we're not sure"

[abofj]

If you could not be bothered to read that.........


NAS distribution  is  WAY worse than Nxt's distribution. The giveaway means nothing in real terms.

Someone needs to release a nxt clone that does not allow 11 people to hold 71% of the coins.... how difficult can it be.

It is copy pasted post from other thread.
Sorry, I couldnt resist. I dont wanna newbies getting burned and got in pessimist vibe, when NEM is released.

Im pretty sure the distribution model is one of the main reasons newbies are drawn to NEM. I think in the long run for mass adoption of NEM - initial distribution most likely wont be of a conern as it is in the initial stages.

Anyone who invested a full bitcoin into NXT, which was only 4-5 people ($130 at the time) got around 47M NXT.  Valued at $6.5M a few times this year,  I'm 99% sure that 99% of their stakes have been distributed at this point.  Wouldn't you have already sold and quietly moved to Guatemala or Honduras by now?

why Guatemala or Honduras?  or  were u joking..

[sdersdf2]

are there any thoughts on making NEM a POS coin with a multipool - like Blackcoin and Faircoin. Those two coins have really led the way in (relatively) stable (non-pump-and-dump) value creation for investors.

[mirador17]

I'm on the waitinglist. It's closed now. Is there anything more to do? Or just wait for new information.