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Author Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread  (Read 661486 times)
nutildah
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June 02, 2014, 09:04:03 PM
 #8721


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.

So none of the core team are stakeholders? I did spend about an hour reading through forum posts on this subject, just FYI.


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

Best estimation can be found in NEM summary.

Also, just trying to help: you should put this information up on your website or else make it more easily available. I know you guys are busy but you would help allay potential investor concerns by doing this.

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utopianfuture (OP)
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June 02, 2014, 09:12:35 PM
 #8722


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.

So none of the core team are stakeholders? I did spend about an hour reading through forum posts on this subject, just FYI.


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

Best estimation can be found in NEM summary.

Also, just trying to help: you should put this information up on your website or else make it more easily available. I know you guys are busy but you would help allay potential investor concerns by doing this.

Investor's handout is being prepared. In short, tokens are available if current stakeholders request and there are 1000 of them (25%). It is a nice way to let out some steam and let newcomers to be in. Dev. team have no demand for tokens.


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June 02, 2014, 09:15:31 PM
 #8723

trolls trying to get NEMtokens cheaper = Succses!! Congratulation NEM. Kiss

Get Free VpnCoin, Join BitNet ! VqdA2ZZWSTn6UCfCHyDjmTuA3WeToPPa9k
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June 02, 2014, 09:24:00 PM
 #8724

What is the process for converting NEM stake back into NEM once NEM launches?

How long until launch?
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June 02, 2014, 09:25:18 PM
 #8725

What is the process for converting NEM stake back into NEM once NEM launches?

How long until launch?

Wap it two weeks after launch, not 100% sure though

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June 02, 2014, 09:27:38 PM
 #8726

What is the process for converting NEM stake back into NEM once NEM launches?

How long until launch?

When NEM launches you will have to send the token and a message to the asset issuer account.

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June 02, 2014, 09:30:06 PM
 #8727


"350" ... Smiley   well, then we play password games in different leagues Smiley
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 Smiley  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.
 

The "randomness" is one characteristic, the other is the length. My passwords' randomness is enough due to certain things, which is used in the pw generation - which is not revealed here either Smiley  And length I certainly have enough.


Ofc the pws are used, ofc they are used online - that's what they are for. And they all have the same odds to be stolen, when they are used. And that is not depending on their randomness or length.

You seem to be very sure that the MOST IMPORTANT passwords are in better safe in some password manager in the user's computer THAN  e.g. in the safe closet or in a paper note in a metal box behind a locked drawer. And the copies in different buildings in the similar places Smiley
I'd bet you own some shares of a pw manager company Wink


Cryptocurrencies, decentralization, lower trust level ...
pw manager, centralization, higher trust level.   Smiley     

(ok, ofc some centralization and trust is needed somewhere sometimes, but ...)



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June 02, 2014, 09:32:19 PM
 #8728

What is the process for converting NEM stake back into NEM once NEM launches?

How long until launch?

Wap it two weeks after launch, not 100% sure though

So those who didn't want a token for the AE get to sell their NEM two weeks earlier than those who did? I remember reading this and wondering why you wouldn't just also conduct this step on the launch day.

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 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
nutildah
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June 02, 2014, 09:39:39 PM
 #8729


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


So, are you going to back up how you came to this projection or just call people who question you trolls?

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 MΞTAWIN  THE FIRST WEB3 CASINO   
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.. PLAY NOW ..
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June 02, 2014, 09:56:08 PM
 #8730

So when does NEM launch?

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June 02, 2014, 10:13:04 PM
 #8731

Breaking News: Apple allows currency apps in appstore.
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June 02, 2014, 10:23:44 PM
 #8732

When does NEM launch?
I have about 25K of NXt, and a 1 million stake in NEM is around 19-20K of NXT.
Is it likely to get up to 1 cent per NEM any time soon?

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June 02, 2014, 10:27:48 PM
 #8733

When does NEM launch?
I have about 25K of NXt, and a 1 million stake in NEM is around 19-20K of NXT.
Is it likely to get up to 1 cent per NEM any time soon?

$0.01 per coin would give NEM a market cap of $40M. Not unthinkable, but impossible to predict exactly when/if it will happen.

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June 02, 2014, 10:28:43 PM
 #8734

When does NEM launch?
I have about 25K of NXt, and a 1 million stake in NEM is around 19-20K of NXT.
Is it likely to get up to 1 cent per NEM any time soon?

hold for about 6 months.. beta is (roughly estimated) in august.

if you still have a stake by then you will be one happy puppy! why bail out before it makes the largest jump in price...

Yes selling now is only good if you are a skilled daytrader and can exploit the obvious declining price until its at 15000. NXT doesn't have fees, so it could be possible.

Other than that, HODL and BIG OR BROKE!

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June 02, 2014, 10:30:56 PM
 #8735

When does NEM launch?
I have about 25K of NXt, and a 1 million stake in NEM is around 19-20K of NXT.
Is it likely to get up to 1 cent per NEM any time soon?

$0.01 per coin would give NEM a market cap of $40M. Not unthinkable, but impossible to predict exactly when/if it will happen.

Sooner than most people predict. The playbook is there. The part from 40M$ is 400M$ is where creativity is needed most.


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June 02, 2014, 10:35:59 PM
 #8736

2 USD in 2-3 years, thats my own prediciton, so cmon slap me Cheesy
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June 02, 2014, 11:05:14 PM
 #8737

When does NEM launch?
I have about 25K of NXt, and a 1 million stake in NEM is around 19-20K of NXT.
Is it likely to get up to 1 cent per NEM any time soon?

hold for about 6 months.. beta is (roughly estimated) in august.

if you still have a stake by then you will be one happy puppy! why bail out before it makes the largest jump in price...

Yes selling now is only good if you are a skilled daytrader and can exploit the obvious declining price until its at 15000. NXT doesn't have fees, so it could be possible.

Other than that, HODL and BIG OR BROKE!

Exactly.. The 17500 wall was taken down by a day trader.. which i saw with 6.1 stakes before and now is without stakes but suddenly he/she is buying around 15000 now. Would be great to see another wall again at 17500 and that guy with a big "oh no" face Cheesy
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June 02, 2014, 11:42:00 PM
 #8738

http://sourceforge.net/projects/bitcoin/files/stats/map?dates=2014-05-27+to+2014-06-02

Looking at bitcoin client downloads by country should help us to prioritize languages. Recently Vietnam has been at the top. Maybe because of fears of war with their large neighbor.

to have bit better data, you'd probably have to take longer timespan and divide it by country's population using computers (or at least by population) (results would be REALLY interesting to see)

It's be cool to plot countries over time. I think dividing it by the country's computer-using population is not helpful because this is already the number of client downloads and we probably only care about that magnitude (unless you want to know per-capita bitcoin users for trivia).

                
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June 02, 2014, 11:43:46 PM
 #8739

As a note, for the ecosystem sites (like the blockchain explorer), we are planning to support multiple languages at the beginning, like English, French, German, Spanish, Chinese, and Japanese.

We need someone good at French and Spanish right now.

If anyone wants more languages, then please volunteer to help translate. I'd really love to get Russian, Czech, Ukrainian, Vietnamese, Thai, Bhutanese, and Nepalese there as well.

I can help with italian and german if you need

Sign up for trello and post here: https://trello.com/c/xFYUmQvT/56-language-experts

                
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makoto1337
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June 02, 2014, 11:44:18 PM
 #8740

As a note, for the ecosystem sites (like the blockchain explorer), we are planning to support multiple languages at the beginning, like English, French, German, Spanish, Chinese, and Japanese.

We need someone good at French and Spanish right now.

If anyone wants more languages, then please volunteer to help translate. I'd really love to get Russian, Czech, Ukrainian, Vietnamese, Thai, Bhutanese, and Nepalese there as well.

Hi! I and other Russian participants want to help with translation into Russian. What we need to do?

Join trello and post here: https://trello.com/c/xFYUmQvT/56-language-experts

                
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Sora
| SoraTopia | SoraEconomy                                                    
/The Decentralized Autonomous Economy /
|
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