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

[BitZCoin]

I feel something huge is coming towards us! 

[galaxy]

I will take this opportunity to weigh in on the myriad of issues currently being discussed.

Failure to capitalize on the multi-pool proposal because of green issues is a mistake in my opinion. There are multiple arguments that favor this profitable endeavor. I propose we donate some of the revenue to Carboncoin to offset any concerns regarding the environment. This would benefit NEM two-fold. We would create profits for the NEM community, and at the same time, show the community at large that NEM is responsible and covers its obligations regarding the environment. Let us not forget that we would be introducing NEM to others that would otherwise not become involved.

10% to the Developers is much lower then what is usually the case in this scenario.

The auction proposal being adopted is going to bring needed attention to NEM, and allow the market price to be introduced. Two thumbs up here!!

I also have a question. What is the reasoning behind NEM conducting zero pre-launch marketing? This will make investors at launch place less value on the potential of NEM.

I am very impressed with the NEM project. I don't believe anyone could argue that this is not the coin with the most potential in 2014.

[sparta_cuss]

I feel something huge is coming towards us! 

Good huge or bad huge?

[gsxrl3oi]

Guys just chill. Leave the devs alone. They did the work they should be rewarded.
Be happy with your share. spread the word. 

[BitZCoin]

I feel something huge is coming towards us!  

Good huge or bad huge?

It feels like a min. 40 000 000 $ market.  

Btw.:
It would be very interesting to know the current marketcap through our investments.

[utopianfuture]

I feel something huge is coming towards us!  

Good huge or bad huge?

It feels like a min. 40 000 000 $ market.  

Btw.:
It would be very interesting to know current marketcap through our investments.

If everyone is getting involved, 40 million cap is no problem. If everyone chooses to sell half of their holding upon launch, then it will take a while to get there.

In the long term, it is all about what kind of technological products NEM can bring to the world and what kind of user adoption NEM community can drive forward. We have some cool projects post V1 blockchain, I hope every stakeholder can stay with the development team until then.  

[cryptonikus]

I am HUGE supporter of having multipool.
Pat, I think that you are a great guy and true idealist, but Im afraid that free market competition is not a place where idealists succeed.

NEM is still green, you still can use it and maintaine it without damaging nature.
Multipool could do wonders for NEM, whit this I think we will no just enter top 10 marketcap, but stay there.
In combination with huge community and right marketing, we could establish NEM as superior to all other alts.

I am ecofriendly person myself, I used to voluntarily help in animal shelter facility, but in order to manage helping those animals efficiently, we also used cars polluting enviroment.

[Hollowman338]

NEM is a definite hold

[greentea]

i actually had an idea last night... can we get a multipool mining now? i mean launch the multipool now and let it build up the btc until the coin actually launches? the mining power it could draw due to the massive interest in nem would be huge! and plus if btc takes a massive run up again you will see the dificulty of most coins go through the roof again... why not build up some funds up.. if nem wants to drop a bit after launch let it.. then after the drop start buying up with the mined funds..? what you think?

I like this idea as well, it will allow another option for people to acquire NEM besides just buying it in open market... BUt you really need competent guys to be running this who have similar NEM interests aligned.  Look at the blackcoinpool, they are doing all sorts of things to attract miners, giveaways etc ...

I don't mind the 10% for the devs, but it would be comforting if there was some sort of gradual lockup period for the first 6 months or so to give outside investors confidence they wont be dumped on, a stigma which NXT has

[frajervitalny]

So are we gonna set up pre launch multipool?
Lets get organised, and materialized it.
What is needed to start it?

[Eadeqa]

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and  Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalk.org/index.php?topic=303898.msg3254124#msg3254124

[Eadeqa]

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and  Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalk.org/index.php?topic=303898.msg3254124#msg3254124

see this post in particular, where he laid out the rules clearly about "no developer/creator cut"

https://bitcointalk.org/index.php?topic=303898.msg3256852#msg3256852

[Spyrofix]

I feel something huge is coming towards us!  

Good huge or bad huge?

It feels like a min. 40 000 000 $ market.  

Btw.:
It would be very interesting to know current marketcap through our investments.

If everyone is getting involved, 40 million cap is no problem. If everyone chooses to sell half of their holding upon launch, then it will take a while to get there.

In the long term, it is all about what kind of technological products NEM can bring to the world and what kind of user adoption NEM community can drive forward. We have some cool projects post V1 blockchain, I hope every stakeholder can stay with the development team until then.  

I'll hold my stake and I will support NEM !

[gimre]

sorry, I meant FORGING! If the 25% or 15% until they were properly distributed, used for forging? That would not be fair to the stakeholders

a) it's foraging not forging
b) keep in mind POI != POS, so it doesn't translate to more NEMs == more gain from fees.

[awais3344]

hi, i already have a stake. but i wonder if setting up a node will give me a few more coins? i am really interspersed to know that. also what kind of services can i offer for a return in nems?

[utopianfuture]

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and  Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalk.org/index.php?topic=303898.msg3254124#msg3254124

The question is does he own 5% ? not what's the rules of distribution?.  I don't mind he owns 5% or more at all but here you should answer the question instead of evade it.

[utopianfuture]

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and  Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalk.org/index.php?topic=303898.msg3254124#msg3254124

see this post in particular, where he laid out the rules clearly about "no developer/creator cut"

https://bitcointalk.org/index.php?topic=303898.msg3256852#msg3256852

Here is my perspective. If you open a a distribution round in one and half month and get only 71 people in which 8 people end up owning 40% of the supply. Then that was a disaster distribution and indicated incompetency. I don't know why you can be proud of it unless the person in charge of distribution intentionally did not try at all.

[Eadeqa]

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and  Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalk.org/index.php?topic=303898.msg3254124#msg3254124

The question is does he own 5% ? not what's the rules of distribution?.  I don't mind he owns 5% or more at all but here you should answer the question instead of evade it.

There is no way to prove who BCnext is and what he owns. All we know  this is what  happened in the public forum

https://bitcointalk.org/index.php?topic=303898.msg3256852

where anyone was allowed to invest btc (cap was 1 btc) and all coins were distributed among the investors. The IPO was open for 2 months. There was no creator's cuts or special stakes for bcnext.

This is all public record.
 
 

[utopianfuture]

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and  Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalk.org/index.php?topic=303898.msg3254124#msg3254124

The question is does he own 5% ? not what's the rules of distribution?.  I don't mind he owns 5% or more at all but here you should answer the question instead of evade it.

There is no way to prove who BCnext is and what he owns. All we know  this is what  happened in the public forum

https://bitcointalk.org/index.php?topic=303898.msg3256852

where anyone was allowed to invest btc (cap was 1 btc) and all coins were distributed among the investors. The IPO was open for 2 months. There was no creator's cuts or special stakes for bcnext.

This is all public record.
 

BCNext was on the record saying sending 1BTC and he was on the record saying he has a team sending BTC in as well. If you are such a good historian you should be able to find the written texts. I already said I don't mind BCNext having 5-10% of more so you can chill on that. 

[ShawnLeary]

Good idea about the auction of shares,About the auction I have some immature perspective:

1. I think we can more than hold several auctions, such as once a month, every 30 places so that people can continue to focus nem, nem improve visibility, as 3i's AGS.
 
2.Lowest closing price in the first round as the second round of the auction the auction starting price, and so on. This ensures the continued appreciation of the value of nem.

Finally, I hope nem able to get more attention, greater development.

anyone want to sell??

Sure, 5BTC, message me.