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

[Pugsare4mugs]

Am I correcting in thinking the coins in the alpha/beta will be fake coins, or will these be the real thing?

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[Eadeqa]

as i was fighting to buy next yesterday at 95 i was wondering if i was up against others trying to get another stake of NEM as well. Maybe nem is causing nxt s recent jump in price?

Yes, it has and it is. NEMstake is by far the #1 most traded asset on the AE. Utopian even caused a mini-NXT pop in the days leading up to the first and abandoned NEMstake listing.

you have no idea whats going on behind the scenes in nxt thats causing this!! its most defonitly not nem!!!

https://nxtforum.org/index.php?topic=2110.0;topicseen

https://nxtforum.org/general-discussion/hangout-audio-cutting-out-updating-here-please-read-during-update/msg35700/#msg35700


read those threads! the

and thats not even all of it.. theres more but im not looking for the posts lol

I do believe Nem stake listing has  been good for Nxt, but there are so many other things happening too. Nxt has been in uptrend for a month  (assets exchange launched, wesley's client which is one of the best client for any crypto, major bitcoin conference where Nxt was represented, a new very active forum -- again launched by Wesley, PayExo 2014, rumors by CoinTropololis_JustaBit, etc etc).

[nutildah]

as i was fighting to buy next yesterday at 95 i was wondering if i was up against others trying to get another stake of NEM as well. Maybe nem is causing nxt s recent jump in price?

Yes, it has and it is. NEMstake is by far the #1 most traded asset on the AE. Utopian even caused a mini-NXT pop in the days leading up to the first and abandoned NEMstake listing.

you have no idea whats going on behind the scenes in nxt thats causing this!! its most defonitly not nem!!!

https://nxtforum.org/index.php?topic=2110.0;topicseen

https://nxtforum.org/general-discussion/hangout-audio-cutting-out-updating-here-please-read-during-update/msg35700/#msg35700


read those threads! the

and thats not even all of it.. theres more but im not looking for the posts lol

You're only referencing today. I'm talking about posts made weeks to months ago. The staggering increase in the price of NXT could very well be due to a combination of factors, but why pretend NEM doesn't have any effect on the price of NXT when its by far and away the most heavily traded asset on the AE?

[McDoxy]

It sounds like the announcement next week is going to be a very big deal! So excited for both Nxt and NEM!
We have some very exciting times ahead of us!

[Eadeqa]

You're only referencing today. I'm talking about posts made weeks to months ago. The staggering increase in the price of NXT could very well be due to a combination of factors, but why pretend NEM doesn't have any effect on the price of NXT when its by far and away the most heavily traded asset on the AE?

Yes, lots things happened in past month. I mentioned a few above, but there was also rumors about Overstock assets. CEO  of Overstock even mentions Nxt in a speech. Plus many other things, like this:

https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/

[mrvegad]

You're only referencing today. I'm talking about posts made weeks to months ago. The staggering increase in the price of NXT could very well be due to a combination of factors, but why pretend NEM doesn't have any effect on the price of NXT when its by far and away the most heavily traded asset on the AE?

Yes, lots things happened in past month. I mentioned a few above, but there was also rumors about Overstock assets. CEO  of Overstock even mentions Nxt in a speech. Plus many other things, like this:

https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/

You mean this speech:
"I am a bit confused about what you are asking. My fight with Wall Street came about because I became convinced in 2004 that the market's mechanisms for clearing and settling trades had been corrupted by bad elements. It all started there. Hence, the peer-to-peer aspect of Bitcoin et. al. deeply attracats me.
I do not know NXT, but I am interested in finding (and even potentially investing in) efforts to create a peer-to-peer capital market. In fact, if a good solution emerges, you might even see Overstock be the first issuer of a stock or bond in such a market, just to help things get going! (Incidentally, we were the first to do a Dutch auction IPO, for precisely that reason.)"

[Eadeqa]

https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/

You mean this speech:
"I am a bit confused about what you are asking. My fight with Wall Street came about because I became convinced in 2004 that the market's mechanisms for clearing and settling trades had been corrupted by bad elements. It all started there. Hence, the peer-to-peer aspect of Bitcoin et. al. deeply attracats me.
I do not know NXT, but I am interested in finding (and even potentially investing in) efforts to create a peer-to-peer capital market. In fact, if a good solution emerges, you might even see Overstock be the first issuer of a stock or bond in such a market, just to help things get going! (Incidentally, we were the first to do a Dutch auction IPO, for precisely that reason.)"

Not that one -- it was on youtube clip.

Besides, some people from Nxt community were directly  in contact with Overstock developers

https://nxtforum.org/general-discussion/price-speculation/msg18103/#msg18103

These are "rumors too" that affect prices

[mrvegad]

https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/

You mean this speech:
"I am a bit confused about what you are asking. My fight with Wall Street came about because I became convinced in 2004 that the market's mechanisms for clearing and settling trades had been corrupted by bad elements. It all started there. Hence, the peer-to-peer aspect of Bitcoin et. al. deeply attracats me.
I do not know NXT, but I am interested in finding (and even potentially investing in) efforts to create a peer-to-peer capital market. In fact, if a good solution emerges, you might even see Overstock be the first issuer of a stock or bond in such a market, just to help things get going! (Incidentally, we were the first to do a Dutch auction IPO, for precisely that reason.)"

Not that one -- it was on youtube clip.

Besides, some people from Nxt community were directly  in contact with Overstock developers

https://nxtforum.org/general-discussion/price-speculation/msg18103/#msg18103

These are "rumors too" that affect prices

sorry, didn't mean to sound like a dick, I have low tolerance for rumors/fud (not saying you are spreading rumors/fud). If that does come true then it will be huge for NXT.

[nutildah]

Yes, lots things happened in past month. I mentioned a few above, but there was also rumors about Overstock assets. CEO  of Overstock even mentions Nxt in a speech. Plus many other things, like this:
https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/

He doesn't mention NXT by name in a speech.

Also, is it just me or do... well, ALL!!! of the assets for sale on the AE seem so risky with so little reward that its basically charity to throw NXT at them at this point??

I'm not trying to cut down NXT or the exchange. I'm just saying, man people sure have a lot of balls throwing their money at this stuff. No websites, no descriptions, no plans, no nothing. Just a couple of posts on a forum subsist as the entire background for some of these assets and voila! Thousands (millions) of NXT flying in their direction.

I almost felt compelled to pay the 1000 NXT to start my own asset, mainly for experimentation, while also realizing I could very easily trick good-hearted people into losing their money if I wanted to. I wonder what percentage of assets currently listed fall into this category. I bet its at least 50%.

People... be careful. This is all brilliant, revolutionary stuff... for which there is no recourse if you get screwed. If you get screwed on Wall Street you can at least hire an attorney to file a lawsuit for you. Good luck doing that here!

[Eadeqa]

Yes, lots things happened in past month. I mentioned a few above, but there was also rumors about Overstock assets. CEO  of Overstock even mentions Nxt in a speech. Plus many other things, like this:
https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/

He doesn't mention NXT by name in a speech.

He does. I saw the part when some posted it, but I am not going to watch the whole thing to find the exact time. It's not important.

Lets move on.

[nutildah]

Yes, lots things happened in past month. I mentioned a few above, but there was also rumors about Overstock assets. CEO  of Overstock even mentions Nxt in a speech. Plus many other things, like this:
https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/

He doesn't mention NXT by name in a speech.

He does. I saw the part when some posted it, but I am not going to watch the whole thing to find the exact time. It's not important.

Lets move on.

OK I believe you.

So... today's listed assets... the birth of a new economy or scam galore?

I'm actually inclined to think "both."

[softtissue]

It's incredible that the number of pages increase so fast!

[gsxrl3oi]

NEM is making NXT boom. Waiting for NEM to be released.  Utopian and crew. GREAT WORKS GUYS

[Coinsy]

Yes, lots things happened in past month. I mentioned a few above, but there was also rumors about Overstock assets. CEO  of Overstock even mentions Nxt in a speech. Plus many other things, like this:
https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/

He doesn't mention NXT by name in a speech.

Also, is it just me or do... well, ALL!!! of the assets for sale on the AE seem so risky with so little reward that its basically charity to throw NXT at them at this point??

I'm not trying to cut down NXT or the exchange. I'm just saying, man people sure have a lot of balls throwing their money at this stuff. No websites, no descriptions, no plans, no nothing. Just a couple of posts on a forum subsist as the entire background for some of these assets and voila! Thousands (millions) of NXT flying in their direction.

I almost felt compelled to pay the 1000 NXT to start my own asset, mainly for experimentation, while also realizing I could very easily trick good-hearted people into losing their money if I wanted to. I wonder what percentage of assets currently listed fall into this category. I bet its at least 50%.

People... be careful. This is all brilliant, revolutionary stuff... for which there is no recourse if you get screwed. If you get screwed on Wall Street you can at least hire an attorney to file a lawsuit for you. Good luck doing that here!

It's called risk. We're all taking it because we like the idea, the developers behind it, and the community supporting it.

[galaxy]

A lot of people thought that when Nxt went up, NEMstakes price in Nxt would go down, and stay the same price accordingly in BTC.  

Nxt is going up and the NEMstakes are staying where they have been. 1 NEMstake is 2.3 BTC right now.

[swartzfeger]

Also, is it just me or do... well, ALL!!! of the assets for sale on the AE seem so risky with so little reward that its basically charity to throw NXT at them at this point??

I'm not trying to cut down NXT or the exchange. I'm just saying, man people sure have a lot of balls throwing their money at this stuff. No websites, no descriptions, no plans, no nothing. Just a couple of posts on a forum subsist as the entire background for some of these assets and voila! Thousands (millions) of NXT flying in their direction.

I almost felt compelled to pay the 1000 NXT to start my own asset, mainly for experimentation, while also realizing I could very easily trick good-hearted people into losing their money if I wanted to. I wonder what percentage of assets currently listed fall into this category. I bet its at least 50%.

People... be careful. This is all brilliant, revolutionary stuff... for which there is no recourse if you get screwed. If you get screwed on Wall Street you can at least hire an attorney to file a lawsuit for you. Good luck doing that here!

I mean this without a shred of animosity, but a lot of what's posted above is ignorance of the facts, flat out.

The people that spend 1000 NXT and create a bullshit asset have gained not one inch of traction. It simply hasn't happened.

There have been a handful of assets from respected members that simply didn't make sense or the numbers didn't add up. These people were politely but firmly called out. (edit: and I will add, these people sold nothing).

There have been a handful of fun, goofy assets that people create for levity, and people buy them to trade back and forth. Someone sent me 100 shares of LOVE on my birthday, as an example.

But assets in general, where people are throwing money around? No plans, no descriptions? This is wrong.

Nxt people don't sit in threads and post memes, or squawk 'TO DA MOON' repeatedly, or do what 99% of crypto enthusiasts do. We work. We test. We get on Skype, and build some more, test, break things, and keep coding and testing and breaking things until they work.

We work and interact with these asset issuers EVERY DAY, probably interact with them more than we do our own spouses or family. So we're throwing money at people that are developing great things that we've probably helped test along the way.

To characterize the AE as money being blindly thrown around is flat out wrong.

I almost felt compelled to pay the 1000 NXT to start my own asset, mainly for experimentation, while also realizing I could very easily trick good-hearted people into losing their money if I wanted to. I wonder what percentage of assets currently listed fall into this category. I bet its at least 50%.

How much do you want to bet? One NEM stake?

[patmast3r]

as i was fighting to buy next yesterday at 95 i was wondering if i was up against others trying to get another stake of NEM as well. Maybe nem is causing nxt s recent jump in price?

Yes, it has and it is. NEMstake is by far the #1 most traded asset on the AE. Utopian even caused a mini-NXT pop in the days leading up to the first and abandoned NEMstake listing.

you have no idea whats going on behind the scenes in nxt thats causing this!! its most defonitly not nem!!!

https://nxtforum.org/index.php?topic=2110.0;topicseen

https://nxtforum.org/general-discussion/hangout-audio-cutting-out-updating-here-please-read-during-update/msg35700/#msg35700


read those threads! the

and thats not even all of it.. theres more but im not looking for the posts lol

they keyphrase "is behind the scenes". Why would stuff that the public doesn't know about cause such an increase ?
My guess is that NEM has no small part in this increase.

Then again we can't actually be sure about anything so it's really anybodies guess.

[l8orre]

Yes, lots things happened in past month. I mentioned a few above, but there was also rumors about Overstock assets. CEO  of Overstock even mentions Nxt in a speech. Plus many other things, like this:
https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/

He doesn't mention NXT by name in a speech.
 

Yes he does. And he actually also visited the NXT booth personally and asked questions and had a discussion with the NXT'ers there.

[limingz]

Hi,utopianfuture,I pmed you several times but I have never received your reply? I wonder if you have sent me nemstake,I have not received my share till now. I am sure my nxt address in pm is right.

Please give me a reply,Thank you very much!

[jimppu]

Interesting times at the moment, do you agree? Lot of bad words of nem regarding
the time what you have spend with the project. Some persons can see what it means.
Quick release means bad result. Those who are patient enough are clearly the winners,
just wait and see