TauMuon
Full Member
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Activity: 224
Merit: 100
NEM Enthusiast
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June 09, 2014, 03:35:37 AM |
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someone is seriously manipulating the nem market! hes forcing the price down to accumulate more stakes as i speak! noobs.. stop falling for it! There's going to be manipulation in a market as small as the NEMstake asset. Just gotta accept it.
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thuhyl
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June 09, 2014, 03:41:52 AM |
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The Open Alpha is scheduled on 6/25. Let's the countdown begin. We will be inviting selective users into the closed Alpha testing starting in a couple of days. The priority goes to helpers/ volunteers who are in the Trello board or answer the volunteer survey earlier so there is no need to sign up now. Thanks.
On behalf of the NEM dev. team.
Good news
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wakasaki96744
Member
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Activity: 81
Merit: 10
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June 09, 2014, 04:18:43 AM |
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finally open alpha is coming !
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NXT-98EP-BVRB-WU6B-386RA
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TaunSew
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June 09, 2014, 04:48:54 AM Last edit: June 09, 2014, 05:32:13 AM by TaunSew |
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someone is seriously manipulating the nem market! hes forcing the price down to accumulate more stakes as i speak! noobs.. stop falling for it! There's going to be manipulation in a market as small as the NEMstake asset. Just gotta accept it. That is the pareto principle in practice - the 80 / 20 distribution. A lot of people right now think $1500 is huge amount of money for doing very little (beyond sending a small amount of BTC / NxT back in February), so they are glad to give it up for a few bucks. Even though a stake could be worth $10K within a month of launch or millions years from now. I'm inclined to believe that crypto currencies will someday be $1 trillion, as investment gold is currently worth $2 trillion, global remittance (e.g. Flippinos / Mexican in America sending money home) is $500 billion, and Crypto Currencies tend to combine characteristics of gold and remittance. World tourism revenues are over $1 trillion. There's also $20 trillion in retirement funds around the world but let's not get ahead of ourselves. Most people tend to opt for the instant easy money versus the patience in waiting
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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solix
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June 09, 2014, 05:44:26 AM Last edit: June 09, 2014, 06:02:00 AM by solix |
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Some people on the asset exchange have upwards of 12 stakes. I saw multiple accounts with over 10 just scanning through. Some big holders are beginning to form.
This is to be expected on the NXT AE, but I think it's only possible to claim 2 stakes once NEM is officially launched to avoid such hoarding. Can someone who's more well informed verify that this is in fact the case. Thanks in advance and dev's keep up the great work! I recall seeing that too, and also wondered what the fate of such accounts would be and reasoned one of two things: 1) They will need to dump down to two and the days leading up to cashing in there will be a glut and a price drop (don't expect this as #2) 2) They will shuffle the stakes around in 2 pair chunks to other accounts. Are we doing taint analysis? This isn't necessarily against the rules is it? You'd need to do the same analysis as the stake holder sheet.
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Your Ad here! PM us now if you'd like to advertise here.
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Vega
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June 09, 2014, 06:00:54 AM |
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Some people on the asset exchange have upwards of 12 stakes. I saw multiple accounts with over 10 just scanning through. Some big holders are beginning to form.
This is to be expected on the NXT AE, but I think it's only possible to claim 2 stakes once NEM is officially launched to avoid such hoarding. Can someone who's more well informed verify that this is in fact the case. Thanks in advance and dev's keep up the great work! I recall seeing that to, and also wondered what the fate of such accounts would be and reasoned one of two things: 1) They will need to dump down to two and the days leading up to cashing in there will be a glut and a price drop (don't expect this as #2) 2) They will shuffle the counts around in 2 pair chunks to other accounts. Are we doing taint analysis? This isn't necessarily against the rules is it? You'd need to do the same analysis on the stake holder sheet. It's pretty pointless to even try to enforce the 2 stake rule, or even having it. If only 2 stakes per account is allowed, people will simply transfer assets to another account before cashing it in. If this is monitored, and forbidden, people will transfer nxt to another account and buy from different accounts. If Nxt movement is checked to prevent this, people will fund Nxt accounts from exchange, and use those to buy stakes. The 2 stakes rule is incredibly easy to game, and very hard and time consuming (impossible actually) to enforce, therefore, pointless.
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bopstika
Newbie
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Activity: 30
Merit: 0
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June 09, 2014, 06:04:27 AM |
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Sounds like you're already doing it ^ lol
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Vega
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June 09, 2014, 06:08:09 AM |
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Sounds like you're already doing it ^ lol
yep. Well, some. Had one originally, bought 2 more, one more max at around 14000.
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lumierre
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June 09, 2014, 07:50:54 AM |
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I'll buy one more stake if I see the software.
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CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
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xtester
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June 09, 2014, 08:25:02 AM |
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The alpha is almost here, people will try to accumulate a lot more so stop selling cheap.
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bitwhizz
Legendary
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Activity: 910
Merit: 1000
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June 09, 2014, 08:39:53 AM |
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Looking to buy NEM, have they already been issued?
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lumierre
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June 09, 2014, 08:45:29 AM |
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Looking to buy NEM, have they already been issued?
Not yet but you can buy a NEMstake from stakeholders at the NXT asset exchange. https://bitcointalk.org/index.php?topic=616467.0After you have bought a stake (Maximum of 2), you can exchange it with the NEM devs 2 weeks after the official launch of NEM. 1 stake is equal to 1 million NEM.
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CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
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bitwhizz
Legendary
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Activity: 910
Merit: 1000
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June 09, 2014, 08:57:11 AM |
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how much more expensive is it to buy it off the asset exchange, comapred to when it was released?
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Eadeqa
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June 09, 2014, 09:01:05 AM |
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how much more expensive is it to buy it off the asset exchange, comapred to when it was released?
It will definitely be more expensive once it's released and is on exchanges. How much more? Hard to say. That will all depend on dumpers.
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bandar
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June 09, 2014, 09:12:08 AM |
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how much more expensive is it to buy it off the asset exchange, comapred to when it was released?
You mean when people reserved stakes? For me: 125000%
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McDoxy
Member
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Activity: 96
Merit: 10
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June 09, 2014, 09:16:55 AM |
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how much more expensive is it to buy it off the asset exchange, comapred to when it was released?
It wasn't released yet... That will probably happen at some point in August or September. Right now all people can do is trade tokens which represent NEM stakes on the Nxt Asset Exchange which can be turned into NEM as soon as it is released. Here you can see the price chart from the asset exchange http://nxtblocks.info/#section/assets_exchange/12465186738101000735
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Issac
Member
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Activity: 112
Merit: 10
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June 09, 2014, 09:21:52 AM |
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The Open Alpha is scheduled on 6/25. Let's the countdown begin. We will be inviting selective users into the closed Alpha testing starting in a couple of days. The priority goes to helpers/ volunteers who are in the Trello board or answer the volunteer survey earlier so there is no need to sign up now. Thanks.
On behalf of the NEM dev. team.
Good news Great.
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bitwhizz
Legendary
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Activity: 910
Merit: 1000
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June 09, 2014, 09:25:57 AM |
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I am talking about when stakes were initiialy distributed
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nxt-e.com
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June 09, 2014, 09:34:05 AM |
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Nxt-e.com Open NXT ASSET / BTC Market. Now list trading with nem stake / BTC and nem stake / NXT.please register https://www.nxt-e.com/users/register.aspxhttps://nxt-e.com/default.aspx?m=nemstake_btc--------------------------------------------------------------------------------------------------------------------------- Dear NEM team: We are with nxt-e.com exchange. Nxt-e.com is a exchange and list your nemstake coin trading with nemstake / BTC and nemstake / NXT Hope we can work well together. Please add our logo ( http://t.nxt-e.com/nxt-e.gif) to your exchange list. You are welcome to visit and give our Nxt-e.com exchange a try. Looking forward to your reply. Thanks again. Nxt-e.com has the following features: 1. Excellent UI. Fast response and great user experience. 2. Strong extension ability. We are able to add many types of coins in the future easily. 3. Low Fee: Only as low as 0.15%; 4. Auto deposit/withdraw. Deposit/withdraw are automatically processed and got confirmed as quickly as networks. We do not change fee for deposit or withdraw. But networks do. 5. Mobile supported. Full responsive pages get you monitor/trade coins anywhere any time. 6. Security. We use SSL for the whole site, and have employ Amazon servers to run our web site. Web site, database and password protected wallets are separated on different server to make sure that any server that is hacked will not breach the whole security and steal the coins.
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tylenol3mit
Newbie
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Activity: 12
Merit: 0
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June 09, 2014, 09:50:19 AM |
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Where do I get nemStake?
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