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

[TwinWinNerD]

The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

You are assuming that NEM should be worth the same as NXT right now. On what basis?

[1714642504]

1714642504

[McDoxy]

The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

Based on what kind of analysis? There's not even a hard launch date yet.

Right now, NEM has a value of 0.000000000000000000 anything.

NEM right now has the value of what people are willing to pay, like everything else. I guess that is not difficult to understand, or at least it shouldn't.

Sorry friend but you should save being a dick for when you are right. You can't pay anything for NEM right now because it doesn't exist right now. The only thing that exists are tokens which represent NEM. So my simple question to you is, how did you come up with such liberal projections for a coin that hasn't been released yet?

buying a token is basically a pre-order for the actual NEM ... the exchange rate for one token is exactly one NEM stake (1000000 NEM), so the value of both are the same ... if one token has value, then one NEM stake automatically has value even though it's not delivered to you yet. So saying NEM has value of 0 right now is simply not true. Otherwise the tokens would have a value of 0.

And his projection is basically just wishful thinking. Nobody knows what will happen and how much NEM will be worth. But right now one NEM stake is one token worth.

[instacalm]

The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

You are assuming that NEM should be worth the same as NXT right now. On what basis?

For some magical reason people seem to have the wildest predictions for the "NEM price after launch"

[TwinWinNerD]

The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

You are assuming that NEM should be worth the same as NXT right now. On what basis?

For some magical reason people seem to have the wildest predictions for the "NEM price after launch"

Yes, and I have trouble understanding how this could have happend. The devs were not really talking about the price at all, so the people have developed a certain dynamic that led to speculating about something that is not possible to speculate about.

[nutildah]

The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

Based on what kind of analysis? There's not even a hard launch date yet.

Right now, NEM has a value of 0.000000000000000000 anything.

NEM right now has the value of what people are willing to pay, like everything else. I guess that is not difficult to understand, or at least it shouldn't.

Sorry friend but you should save being a dick for when you are right. You can't pay anything for NEM right now because it doesn't exist right now. The only thing that exists are tokens which represent NEM. So my simple question to you is, how did you come up with such liberal projections for a coin that hasn't been released yet?

I didn't make any projections and I do not care how much NEM (or tokens) is worth now but long term.

People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

Okay, I see the quote wasn't you. My apologies. I guess I was addressing the guy that made this statement.

[jkoil]

Passwords, lost, stolen, ... the same "old" subjects
place.)

I have never "lost" a password or ever being hacked and I have been around for years.  Lastpass is perfectly safe as encryption is done locally on computer.  Don't do stupid things like click on executable downloadable from untrusted sources. For extra paranoids, I also recommend something like https://www.malwarebytes.org/

I still skip password generators and password managers  When being skeptic enough, nothing in the computer is in safe. At least a copy of the password must be written in paper/wood/rock/younameit in safe place.)

If that makes you happy, be my guest, but that is not good advice. Most humans will never generate more random password than cryptographically secure random generator. Plus for vast majority of people password managers are much safers for several reasons

(1) Users can use unique passwords for each site (very important security step) without having to memorize hundreds of unique passwords. I have over 350 passwords.
(2) The encryption key is derived by key stretching of master password  (thousands of SHA256 operations)  so even if in unlikely scenario vault file  is stolen,  brute force attack would still be very difficult.
(3) The user can enable two factor authentication for extra security
(4) Most password managers have have  some protection against keyloggers (auto fills, two factor authentication, online keypad, one time passwords, etc).
(5) It's easy to backup passwords securely -- losing passwords due to hard drive crash is just bad as getting them stolen.  

The bottom line: Even if a user has very weak master password for password manager, it's highly likely he will still never get hacked. Weak password for Nxt itself means getting hacked immediately 100%

Clip on lastpass security: https://www.youtube.com/watch?v=_stBixODWf8

"350" ...   well, then we play password games in different leagues
I have 8 main accounts (2 banks, 4 emails, 2 other) and those I remember. In addition there are the cryptocurrency accounts, whose passwords I do not remember, not always.)
Those usernames and passwords are in at least 2 safe places, not meaning digital stores.

Other different accounts, ~ 20, are not so important.
All the passwords, which can be in the computer are encrypted by my own, super-secure, methods  and after every backup they are also in backup devices.
In addition, ofc, there are 50+ accounts, which are even less important, some web sites are maybe used only once, twice. They just "are". Maybe they would be appropriate accounts for those pw managers - but not those bank and other important accounts.  
 

"Most humans will never" ... but they also belong to that category, where is made those warned clicks...

[nutildah]

The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

Based on what kind of analysis? There's not even a hard launch date yet.

Right now, NEM has a value of 0.000000000000000000 anything.

NEM right now has the value of what people are willing to pay, like everything else. I guess that is not difficult to understand, or at least it shouldn't.

Sorry friend but you should save being a dick for when you are right. You can't pay anything for NEM right now because it doesn't exist right now. The only thing that exists are tokens which represent NEM. So my simple question to you is, how did you come up with such liberal projections for a coin that hasn't been released yet?

How can people invest in a start-up when it has NOTHING yet ?

Aren't you the one that's supposed to be telling us??

[Simakki]

The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

Based on what kind of analysis? There's not even a hard launch date yet.

Right now, NEM has a value of 0.000000000000000000 anything.

NEM right now has the value of what people are willing to pay, like everything else. I guess that is not difficult to understand, or at least it shouldn't.

Sorry friend but you should save being a dick for when you are right. You can't pay anything for NEM right now because it doesn't exist right now. The only thing that exists are tokens which represent NEM. So my simple question to you is, how did you come up with such liberal projections for a coin that hasn't been released yet?

buying a token is basically a pre-order for the actual NEM ... the exchange rate for one token is exactly one NEM stake (1000000 NEM), so the value of both are the same ... if one token has value, then one NEM stake automatically has value even though it's not delivered to you yet. So saying NEM has value of 0 right now is simply not true. Otherwise the tokens would have a value of 0.

And his projection is basically just wishful thinking. Nobody knows what will happen and how much NEM will be worth. But right now one NEM stake is one token worth.

It's same situation when you buy shares or take part of some IPO, not exactly pre-order because IMO these guys are buyin in cos the hope to get return not just a unit of NEM or just medium of Exchange. I think that cryptocurrrencies are some kind of hybrid of money and investment.

[utopianfuture]

The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

Based on what kind of analysis? There's not even a hard launch date yet.

Right now, NEM has a value of 0.000000000000000000 anything.

NEM right now has the value of what people are willing to pay, like everything else. I guess that is not difficult to understand, or at least it shouldn't.

Sorry friend but you should save being a dick for when you are right. You can't pay anything for NEM right now because it doesn't exist right now. The only thing that exists are tokens which represent NEM. So my simple question to you is, how did you come up with such liberal projections for a coin that hasn't been released yet?

How can people invest in a start-up when it has NOTHING yet ?

Aren't you the one that's supposed to be telling us??

That's an example that people buy things based on ideas and the team. I don't have an opinion about current price of NEM token. Whatever the price is, the core team has no direct benefit.

ADD: there should be a good price somewhere based on the risk you are willing to take and the amount of information/ analysis you do. We obviously have a high of opinion about ourselves but we avoid offering an opinion on that matter but let the market decide.

[pgb]

The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

Based on what kind of analysis? There's not even a hard launch date yet.

Right now, NEM has a value of 0.000000000000000000 anything.

NEM right now has the value of what people are willing to pay, like everything else. I guess that is not difficult to understand, or at least it shouldn't.

Sorry friend but you should save being a dick for when you are right. You can't pay anything for NEM right now because it doesn't exist right now. The only thing that exists are tokens which represent NEM. So my simple question to you is, how did you come up with such liberal projections for a coin that hasn't been released yet?

I didn't make any projections and I do not care how much NEM (or tokens) is worth now but long term.

People buying at these low prices will easily make 10X - 20X their investment once NEM launches.

Okay, I see the quote wasn't you. My apologies. I guess I was addressing the guy that made this statement.

.
No worries, all good.

[mr smith]

NCC will have a network visualizer built in. This is an actual graph of NIS under testing.

network visualizer by futureutopian, on Flickr

bump

Looks Cool will the graph be in real time ?

[utopianfuture]

NCC will have a network visualizer built in. This is an actual graph of NIS under testing.


bump

Looks Cool will the graph be in real time ?

YES, you click on one of the green nodes (active nodes), then the graph should grow.

[nutildah]

That's an example that people buy things based on ideas and the team. I don't have an opinion about current price of NEM token. Whatever the price is, the core team has no direct benefit.

I understand your point, I just don't like unbased speculation which serves basically as propaganda, which you have to admit there is a little bit going on around here.

So the core team has no NEM holdings whatsoever? Please correct me if I'm wrong but the value of a stake is, for the time being, the only indicator of the future price of NEM. If stakes start going for 10 BTC each, I would have to imagine it would make you at least somewhat happy. If it didn't, you'd be kicking yourself for not giving yourself a bigger founding stake.  

I'm sorry, I'm doing my best to not be a jerk. I just want to understand how the core team has no direct benefit from the price of a NEM token. Its like saying Jeff Bezos has no direct benefit from the price of Amazon stock even though he has hundreds of millions of dollars worth of stock options.

I also am curious if there is a release date in sight, or any such estimation. Thank you.

[gorillajam]

NCC will have a network visualizer built in. This is an actual graph of NIS under testing.

/p/nQpYxb]/p/nQpYxb]network visualizer by futureutopian, on Flickr

bump

Looks Cool will the graph be in real time ?

YES, you click on one of the green nodes (active nodes), then the graph should grow.

is there anything about NEM that hasn't been plagiarised off another coin. So you copied Ripples real time chart, well done.


People buy Qora leave this moron alone.

[nutildah]

Posted by: gorillajam 

This user is currently ignored.

[freigeist]

People buy Qora leave this moron alone.

Hello.

I want to buy QORA from you @ 10 satoshi.
What amount are you willing to trade?

[utopianfuture]

That's an example that people buy things based on ideas and the team. I don't have an opinion about current price of NEM token. Whatever the price is, the core team has no direct benefit.

I understand your point, I just don't like unbased speculation which serves basically as propaganda, which you have to admit there is a little bit going on around here.

So the core team has no NEM holdings whatsoever? Please correct me if I'm wrong but the value of a stake is, for the time being, the only indicator of the future price of NEM. If stakes start going for 10 BTC each, I would have to imagine it would make you at least somewhat happy. If it didn't, you'd be kicking yourself for not giving yourself a bigger founding stake.  

I'm sorry, I'm doing my best to not be a jerk. I just want to understand how the core team has no direct benefit from the price of a NEM token. Its like saying Jeff Bezos has no direct benefit from the price of Amazon stock even though he has hundreds of millions of dollars worth of stock options.

I also am curious if there is a release date in sight, or any such estimation. Thank you.

No direct benefit NOW. Because we are not being able to sell anything. We will have something only when NEM launch so until that point token price has no direct benefit to us.

Jeff Bezos can put bread on his table NOW from his stock. We can't and that why there is no "direct" benefit.

Best estimation can be found in NEM summary.

[Eadeqa]

"350" ...   well, then we play password games in different leagues
I have 8 main accounts (2 banks, 4 emails, 2 other) and those I remember. In addition there are the cryptocurrency accounts, whose passwords I do not remember, not always.)
Those usernames and passwords are in at least 2 safe places, not meaning digital stores.

Other different accounts, ~ 20, are not so important.
All the passwords, which can be in the computer are encrypted by my own, super-secure, methods  and after every backup they are also in backup devices.
In addition, ofc, there are 50+ accounts, which are even less important, some web sites are maybe used only once, twice. They just "are". Maybe they would be appropriate accounts for those pw managers - but not those bank and other important accounts.  
 
"Most humans will never" ... but they also belong to that category, where is made those warned clicks...

Good for you if you have 8 different  passwords that you remember.

It doesn't change what I said. Some CSPRNG (crypto secure random generators) are perfectly secure and do better job with randomness than any human -- including you.

Everything you do online depends on CSPRNG already. For example, you have 8 passwords but when you go to 8 websites to use them, you see "https". " "https" would not be "safe' if CSPRNG wasn't working correctly -- as the key exchange mechanism for encryption relies on CSPRNG. Your 8 password would be easily stolen if that were not the case.

So you already rely on CSPRNG every single time you login to 8 those site, every time you use wifi, and everything you do online that is intended to secure.

What you said was still a bad advice. Most people should use password managers as they will  be safer overall.
 

[nutildah]

Jeff Bezos can put bread on his table NOW from his stock. We can't and that why there is no "direct" benefit.

Sure you can. You can issue yourself a stake and sell it for NXT, then you sell that NXT for BTC and that BTC into your fiat currency of choice.

[utopianfuture]

Jeff Bezos can put bread on his table NOW from his stock. We can't and that why there is no "direct" benefit.

Sure you can. You can issue yourself a stake and sell it for NXT, then you sell that NXT for BTC and that BTC into your fiat currency of choice.

We can't. Read the rules. Tokens are for current stakeholders ONLY. There it is if you want to see the best setup incentive system.