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Author Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread  (Read 661424 times)
blackvoice
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May 12, 2014, 06:14:06 AM
 #7241

Come late
Nem has very active  community
I hope I join the thread earlier
Eadeqa
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May 12, 2014, 06:14:59 AM
 #7242

chunk of these 2800 or so stakeholder  will never claim the coins (banned accounts, forgotten, etc). These could be used for development fund, but then 25% already allocated seems way to high  if  that happens.

  

Nomi, Shan, Adnan, Noshi, Nxt, Adn Khn
NXT-GZYP-FMRT-FQ9K-3YQGS
https://github.com/Lafihh/encryptiontest
BitZCoin
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May 12, 2014, 06:23:16 AM
Last edit: May 12, 2014, 06:44:25 AM by BitZCoin
 #7243

chunk of these 2800 or so stakeholder  will never claim the coins (banned accounts, forgotten, etc). These could be used for development fund, but then 25% already allocated seems way to high  if  that happens.

  

I would take them too, if necessary  Grin

BTW.: All of you could (should) make some adds in the trollboxes for example, which are sometimes implemented on different exchanges.
Also write it down to your signatures. - Make the people recognize NEM, as early as possible. Shout it out to the world!
Everyone on Bitcointalk should at least already have heard about it, even before the time of distribution has come Smiley
They have to want it!
We are 2800 people. We are a swarm!

Here it is: TakePart!
gooby
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May 12, 2014, 06:24:46 AM
 #7244

dev,Now what's your plan?

EquinoxManagement - New Reliable Currency
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s111102
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May 12, 2014, 06:31:29 AM
 #7245

dev,Now what's your plan?

You may see the first page for the latest update.
patmast3r
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May 12, 2014, 06:42:17 AM
 #7246

just want to say aswell it would be a very good show of confidence from the devs if nem coin tokens were to be launched on a competitors platform! if the nem devs are confident that nem is a better/superior system then i dont see there being a problem issuing them on the nxt AE. im sort of dismayed by the lack of response to the idea from both devs and stake holders.. i thought more stake holders would love the opportunity to start trading there nem stakes and watch the value climb with alpha/beta/full release and just to find out what the base price is.

I immediately opened a card on our trello board to discuss your idea - which is what's happening now. There are also other ideas floating around and I think there won't be a real decision on this very soon since the actual issuing of the stakes is still some time away (might be wrong though).

Noone has to worry that their ideas are being ignored !

PS: dismayed is a strong word for this situation Smiley It's been like a day or so and we're all in different timezones.


xtester
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May 12, 2014, 07:24:04 AM
 #7247

Has there been any discussion regarding the implementation of a Nem stabilization fund?
CryptoniteToSuperman
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May 12, 2014, 08:29:36 AM
 #7248

Has there been any discussion regarding the implementation of a Nem stabilization fund?

There was that multipool idea recently. I think That will do somekind of stabilisation by constant buy-support. I don't know if NEM-multipool is still under development. I hope it is. Looks like it's working great for NXT. Their multipool dip the price +50% in just a few days.
patmast3r
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May 12, 2014, 08:57:17 AM
 #7249

Has there been any discussion regarding the implementation of a Nem stabilization fund?

There was that multipool idea recently. I think That will do somekind of stabilisation by constant buy-support. I don't know if NEM-multipool is still under development. I hope it is. Looks like it's working great for NXT. Their multipool dip the price +50% in just a few days.

Are we sure that's the multipool and not rather good news lately ?

xtester
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May 12, 2014, 09:22:52 AM
 #7250

Has there been any discussion regarding the implementation of a Nem stabilization fund?

There was that multipool idea recently. I think That will do somekind of stabilization by constant buy-support. I don't know if NEM-multipool is still under development. I hope it is. Looks like it's working great for NXT. Their multipool dip the price +50% in just a few days.

Are we sure that's the multipool and not rather good news lately ?

What I think is that it's probably a combination of that.

Anyway, I am for the multipool and hope it's being done, but the multipool serves a different main purpose and would ensure some kind of stabilization only as a side effect.

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May 12, 2014, 09:42:31 AM
 #7251

What good news for NxT?  Do you mean the decentralized exchange?  It's coming out in a couple of minutes and, in the 24 hour leadup, NxT didn't have any extraordinary  volume which would otherwise indicate demand for it.

It looks to me NxT is stuck with its' bagholders, whales and the day traders.  The subsequent investors, new blood, aren't coming in nor should they with all the scandals and scams associated with that coin.

 

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
CryptoniteToSuperman
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May 12, 2014, 09:50:51 AM
 #7252

Has there been any discussion regarding the implementation of a Nem stabilization fund?

There was that multipool idea recently. I think That will do somekind of stabilization by constant buy-support. I don't know if NEM-multipool is still under development. I hope it is. Looks like it's working great for NXT. Their multipool dip the price +50% in just a few days.

Are we sure that's the multipool and not rather good news lately ?

What I think is that it's probably a combination of that.

Anyway, I am for the multipool and hope it's being done, but the multipool serves a different main purpose and would ensure some kind of stabilization only as a side effect.




I think it was the multipool it just sucks the sell-wall up automatically. AE launch today should impact the price tremendously, but might take some time before it starts rolling on high gear. Maybe it needs a lot of marketing to start the snowball efect.
patmast3r
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May 12, 2014, 09:52:03 AM
 #7253

What good news for NxT?  Do you mean the decentralized exchange?  It's coming out in a couple of minutes and, in the 24 hour leadup, NxT didn't have any extraordinary  volume which would otherwise indicate demand for it.

It looks to me NxT is stuck with its' bagholders, whales and the day traders.  The subsequent investors, new blood, aren't coming in nor should they with all the scandals and scams associated with that coin.

 

like what ?

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May 12, 2014, 09:57:45 AM
Last edit: May 12, 2014, 10:08:25 AM by TaunSew
 #7254

What good news for NxT?  Do you mean the decentralized exchange?  It's coming out in a couple of minutes and, in the 24 hour leadup, NxT didn't have any extraordinary  volume which would otherwise indicate demand for it.

It looks to me NxT is stuck with its' bagholders, whales and the day traders.  The subsequent investors, new blood, aren't coming in nor should they with all the scandals and scams associated with that coin.

 

like what ?

Distribution / IPO.  BCNext who fled and sold all his coins.  Openly admitted price manipulation (not digging up posts from November, but they did admit it). Poor quality of the NxT code.  Source code being released with kill switches.

I think people underestimate how bad the distribution was.  There may had been 71 addresses but only 20 invested the 1.5 BTC limit and that 20 was likely 50% sock puppets, considering it was such an obscure IPO which was cut short.  There are currently whales who are sitting on $5+ million USD in NxT.  I know people will make BTC comparisons but BTC was worth almost nothing for two years and it was a mining hobby at best.  Different from people who randomly threw 1.5 BTC on an unfair IPO, engaged in manipulation, and then came out with millions in late November.

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
dwma
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May 12, 2014, 10:37:28 AM
 #7255

Has there been any discussion regarding the implementation of a Nem stabilization fund?

There was that multipool idea recently. I think That will do somekind of stabilisation by constant buy-support. I don't know if NEM-multipool is still under development. I hope it is. Looks like it's working great for NXT. Their multipool dip the price +50% in just a few days.

Are we sure that's the multipool and not rather good news lately ?

I'm pretty sure it isn't the multipool.  Just go look at volumes.  POS paying multipools are a good idea, but like most idea they just become diluted and less effective.  If the coin doesn't have a strong community of miners, it is likely to not work so well. 
TaunSew
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May 12, 2014, 11:25:46 AM
 #7256

Has there been any discussion regarding the implementation of a Nem stabilization fund?

There was that multipool idea recently. I think That will do somekind of stabilisation by constant buy-support. I don't know if NEM-multipool is still under development. I hope it is. Looks like it's working great for NXT. Their multipool dip the price +50% in just a few days.

Are we sure that's the multipool and not rather good news lately ?

I'm pretty sure it isn't the multipool.  Just go look at volumes.  POS paying multipools are a good idea, but like most idea they just become diluted and less effective.  If the coin doesn't have a strong community of miners, it is likely to not work so well.  

What's exceptional about the volume?  NxT has floated between $20K to $120K for awhile now.  

Maybe I am being an old geezer but could someone explain why they think decentralized exchange is worth the hype?  I don't mean the theoretical hypothetical but the practical reality of it.  Cut the rhetoric. 

The way I see it, a decentralized exchange isn't proprietary (other coins will have the samething in months) and it may only end up being a niche feature used by a minority.

 

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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May 12, 2014, 11:34:58 AM
 #7257

look at mtgox, and then try to imagine that happening on a decentralised platform.

1HceYnNAUv5zBjJUhEncmmvxU1C7yjWoX8
utopianfuture (OP)
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May 12, 2014, 11:45:30 AM
 #7258

look at mtgox, and then try to imagine that happening on a decentralised platform.

What does that mean?  I am testing nxt dex exchange. It still feels very slow comparing to a centralized exchange but nevertheless the best of its type our there. I predict Counter Party Protocol and Mastercoin will have to move to a faster blockchain soon. Who's in the right mind waiting 10 minute for a trade to confirm ?


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utopianfuture (OP)
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May 12, 2014, 11:48:08 AM
 #7259

chunk of these 2800 or so stakeholder  will never claim the coins (banned accounts, forgotten, etc). These could be used for development fund, but then 25% already allocated seems way to high  if  that happens.

They could be sent to Genesis block or distributed to all accounts or we could issue less coins matching confirmed stakeholders. 


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utopianfuture (OP)
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May 12, 2014, 11:51:13 AM
 #7260

just want to say aswell it would be a very good show of confidence from the devs if nem coin tokens were to be launched on a competitors platform! if the nem devs are confident that nem is a better/superior system then i dont see there being a problem issuing them on the nxt AE. im sort of dismayed by the lack of response to the idea from both devs and stake holders.. i thought more stake holders would love the opportunity to start trading there nem stakes and watch the value climb with alpha/beta/full release and just to find out what the base price is.

We will first test the exchange and then we will see how it fits NEM's goals. While I want to support NXT, it is not a good idea to be the first going on an untested platfrom.


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  TomoChain  •    •  TomoChain 
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