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Author Topic: NEM and NXT conspiracy?  (Read 3508 times)
oneword
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February 03, 2014, 02:16:08 AM
Last edit: February 03, 2014, 03:07:58 AM by oneword
 #1

Do you think that the NXT delevopment team are secretly creating Nem ( I know Nem have a different developers team and it states it on their post but those people could have been employed by Nxt) and now they want to start fresh to hit a new milestone they already know that the milestone for Nxt was 0.00012/btc? I think that they think that the value won't get higher due to poor distribution and other things that people are worried about which hinders the price from hitting a new milestone. They know what they did wrong now are correcting it through Nem.

P.S. I think Nem distribution isn't that fair off from being as worse as Nxt. We don't know that those account were not created by Nem staff, family members, friends or relatives or even other people creating multiple accounts.
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February 03, 2014, 03:41:15 AM
 #2

BCnext was right. there is no way to distribute coins that is fair unless you give equal amounts of coins to each person in the world on release.
giving them to miners (0.001% of worlds population) is not fair
giving them to investors (1% of worlds population) is not fair
giving them to bitcointalk accounts for just saying "intrested" is still not fair.

ther'll always be billions of ppl left out of the coin distribution process ready to say it was not not fair.
Bcnext asked a mere total of 21 btc for his work....and with hindsight i can say it was a very fair asking price.
i didn't invest at the time cos i thought it would be a scam...but some did and got rightly rewarded for the huge risk they took. i think that was fair imo although I didn't personally benefit from it.


that's why i stopped looking at what's fair...and just concentarte on the technology.
if i like the tehcnology i'll try and have some (if the cost is right) .
a technology to be interesting needs to be innovative.

 I will have my equal share of NEM cos i did post in that thread "interested" although i find copying someone else work kinda immoral.
difficult to estabilish what fair is....but copying another coin i don't see it as fair.
that's why I generally don't even take any notice of clones.


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February 03, 2014, 04:01:26 AM
 #3

BCnext was right. there is no way to distribute coins that is fair unless you give equal amounts of coins to each person in the world on release.
giving them to miners (0.001% of worlds population) is not fair
giving them to investors (1% of worlds population) is not fair
giving them to bitcointalk accounts for just saying "intrested" is still not fair.

ther'll always be billions of ppl left out of the coin distribution process ready to say it was not not fair.
Bcnext asked a mere total of 21 btc for his work....and with hindsight i can say it was a very fair asking price.
i didn't invest at the time cos i thought it would be a scam...but some did and got rightly rewarded for the huge risk they took. i think that was fair imo although I didn't personally benefit from it.


that's why i stopped looking at what's fair...and just concentarte on the technology.
if i like the tehcnology i'll try and have some (if the cost is right) .
a technology to be interesting needs to be innovative.

 I will have my equal share of NEM cos i did post in that thread "interested" although i find copying someone else work kinda immoral.
difficult to estabilish what fair is....but copying another coin i don't see it as fair.
that's why I generally don't even take any notice of clones.




Agreed. We should sticky this somewhere. I'll quote it at least.

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February 19, 2014, 01:33:23 AM
 #4

i think there must be a way to give out coins more fairly......and by fairly i mean distributed in the interests of uptake of that coin.


it would involve some sort of hard to to captacha + ip + address + Huh?

this may be part of the crypto puzzle to solve.

A provably distributed coin would be worth a lot

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February 19, 2014, 11:31:03 AM
 #5

I think that they think that the value won't get higher

What's in the pipeline: asset exchange, full TF implementation, turing ability, anonymous transactions, coins on top of Nxt, parallel blockchains, services using Nxt... But yeah, Nxt's value won't get higher Grin
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February 19, 2014, 11:33:08 AM
 #6

BCnext was right. there is no way to distribute coins that is fair unless you give equal amounts of coins to each person in the world on release.
giving them to miners (0.001% of worlds population) is not fair
giving them to investors (1% of worlds population) is not fair
giving them to bitcointalk accounts for just saying "intrested" is still not fair.

ther'll always be billions of ppl left out of the coin distribution process ready to say it was not not fair.
Bcnext asked a mere total of 21 btc for his work....and with hindsight i can say it was a very fair asking price.
i didn't invest at the time cos i thought it would be a scam...but some did and got rightly rewarded for the huge risk they took. i think that was fair imo although I didn't personally benefit from it.


that's why i stopped looking at what's fair...and just concentarte on the technology.
if i like the tehcnology i'll try and have some (if the cost is right) .
a technology to be interesting needs to be innovative.

 I will have my equal share of NEM cos i did post in that thread "interested" although i find copying someone else work kinda immoral.
difficult to estabilish what fair is....but copying another coin i don't see it as fair.
that's why I generally don't even take any notice of clones.



agreed
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February 19, 2014, 11:51:41 AM
 #7

BCnext was right. there is no way to distribute coins that is fair unless you give equal amounts of coins to each person in the world on release.
giving them to miners (0.001% of worlds population) is not fair
giving them to investors (1% of worlds population) is not fair
giving them to bitcointalk accounts for just saying "intrested" is still not fair.

ther'll always be billions of ppl left out of the coin distribution process ready to say it was not not fair.
Bcnext asked a mere total of 21 btc for his work....and with hindsight i can say it was a very fair asking price.
i didn't invest at the time cos i thought it would be a scam...but some did and got rightly rewarded for the huge risk they took. i think that was fair imo although I didn't personally benefit from it.


that's why i stopped looking at what's fair...and just concentarte on the technology.
if i like the tehcnology i'll try and have some (if the cost is right) .
a technology to be interesting needs to be innovative.

 I will have my equal share of NEM cos i did post in that thread "interested" although i find copying someone else work kinda immoral.
difficult to estabilish what fair is....but copying another coin i don't see it as fair.
that's why I generally don't even take any notice of clones.




+1
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February 19, 2014, 12:20:05 PM
 #8

Mark!
Focus on new developments!!!
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February 19, 2014, 01:20:15 PM
 #9

Do you think that the NXT delevopment team are secretly creating Nem ( I know Nem have a different developers team and it states it on their post but those people could have been employed by Nxt) and now they want to start fresh to hit a new milestone they already know that the milestone for Nxt was 0.00012/btc? I think that they think that the value won't get higher due to poor distribution and other things that people are worried about which hinders the price from hitting a new milestone. They know what they did wrong now are correcting it through Nem.

P.S. I think Nem distribution isn't that fair off from being as worse as Nxt. We don't know that those account were not created by Nem staff, family members, friends or relatives or even other people creating multiple accounts.


Why you don't ask utopianfuture about a conspiracy between NEM and NXT ?!  Wink
I guess you already know the answer to your own question.
Nevertheless - every kind of discussion about NEM is good and shows up the great interest in that coin.



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February 19, 2014, 05:50:46 PM
 #10

No, there is no conspiracy.  Nem's whole concept is ridiculous.  Even its slogan was copied from Nxt.  It claims it is a "new economic movement", but they got that concept from my quote about Nxt being "not just another cryptocurrency, but a movement".  Nxt is the true "new economic movement".

It claims it is a "no envy movement", but the only reason it exists is for people to try to replicate Nxt's monetary success.

Nem's distribution is highly concentrated.  Currently, Nxt is even more distributed than Bitcoin.

Everyone who is "investing in Nem" is wasting their money imo, but people can make their own decision.

 
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February 19, 2014, 06:31:33 PM
 #11

No, there is no conspiracy.  Nem's whole concept is ridiculous.  Even its slogan was copied from Nxt.  It claims it is a "new economic movement", but they got that concept from my quote about Nxt being "not just another cryptocurrency, but a movement".  Nxt is the true "new economic movement".

It claims it is a "no envy movement", but the only reason it exists is for people to try to replicate Nxt's monetary success.

Nem's distribution is highly concentrated.  Currently, Nxt is even more distributed than Bitcoin.

Everyone who is "investing in Nem" is wasting their money imo, but people can make their own decision.

I like NXT, I adore the concept and Im looking forward to see all those great ideas materialized. But I dont think you can really back up statement that NEM is highly concentrated, that is just your assumption - fear of competition most probably, it is absolutly understandible. NXT is great technologically but character of original distribution makes it scary for potential investors.
I personally dont fear that someone owns so much NEM that he could crash the market by dumps, therefore I consider it more attractive.
And having more than 1000 unique members on board creates huge driving force. There is atleast 1000 motivated people that would work together to become wealthy, that is enormous power. Do not overlook this potential.

regarding question in topic, NO I dont think NXTers are seceretly developing NEM, because I see some big stakeholders from NXT community bashing NEM.

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February 19, 2014, 06:41:10 PM
 #12

there is no way to distribute coins that is fair
Exactly. Cos capitalists (people in capitalyst system) aren't and can't be equally wealthed neither static or dynamic. Even if equal amount of some coin'll be magically forcefully brought to every single people in world, a few moments later situation become unfair for sure: someone'll lost his coins, someone'll start to tricking others for coins, someone'll simply steal a lot, someone'll buy a thing he really doesn't need and so on. The Game of Capitals.
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February 19, 2014, 06:46:34 PM
 #13

A provably distributed coin would be worth a lot
Fully non-anonymous at start? I wish u luck to find even hundrers of people giving their IDs for just another coin.
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February 19, 2014, 06:58:04 PM
 #14

Do you think that the NXT delevopment team are secretly creating Nem ( I know Nem have a different developers team and it states it on their post but those people could have been employed by Nxt) and now they want to start fresh to hit a new milestone they already know that the milestone for Nxt was 0.00012/btc? I think that they think that the value won't get higher due to poor distribution and other things that people are worried about which hinders the price from hitting a new milestone. They know what they did wrong now are correcting it through Nem.

P.S. I think Nem distribution isn't that fair off from being as worse as Nxt. We don't know that those account were not created by Nem staff, family members, friends or relatives or even other people creating multiple accounts.


lol, do you really think that 0.00012 was the peak for NXT? that's just the beginning, the community behind it is awesome and beside that, the ideas and already running projects are tremendous.

NEM has the potential to overwhelm NXT, but it's a long run. About 3k stakeholders makes a brainstorming and developing army. But we'll see...
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February 19, 2014, 09:34:43 PM
 #15

I think it's so funny that people are so scared of new coins. They have an interest in coin, and then feel that they have to bash new coins, or their coin will be hurt by the new one. You should have more confidence in your investment or sell it and move on. But no, you convince yourself of lies, or purposely spread FUD about a new coin.

Everytime you do this you actually hurt the coin you care so much about. Do you really think that most people read your silly comments and think more positive about your coin? Or negative of the new coin you are so scared of? Maybe some do, but I believe that most who read your bullshit see right thru you!!

It is so funny to me!!!  Grin Grin Grin
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February 19, 2014, 10:02:02 PM
 #16

No.

I think NXT is great. I have never seen as much innovation in a thread in this last year.  Only issue I have with NXT atm is that 60 accounts currently hold ~73% of the coins that will ever be generated. Kudo's to them on their luck, but the current price doesn't reflect the market in my humble opinion.

My issue with NEM is that it is all just vaporware until the community starts building.


Disclaimer: I hold nxt, insterested in nem and about 90% of the other shitcoins. :-)
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February 19, 2014, 10:35:56 PM
 #17


Holy cow, great nickname!
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February 20, 2014, 07:55:17 AM
 #18

I think it's so funny that people are so scared of new coins. They have an interest in coin, and then feel that they have to bash new coins, or their coin will be hurt by the new one. You should have more confidence in your investment or sell it and move on. But no, you convince yourself of lies, or purposely spread FUD about a new coin.

Everytime you do this you actually hurt the coin you care so much about. Do you really think that most people read your silly comments and think more positive about your coin? Or negative of the new coin you are so scared of? Maybe some do, but I believe that most who read your bullshit see right thru you!!

It is so funny to me!!!  Grin Grin Grin

Nobody is afraid of Nem.  I'm not "bashing" anything.  I'm just stating fact.  Do NOT call me a liar.

Please explain to me how Nem is innovative?

Everything about Nem is a blatant copy from Nxt.

 
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February 20, 2014, 07:58:30 AM
Last edit: April 03, 2014, 06:36:12 AM by connexus
 #19

I think it's so funny that people are so scared of new coins. They have an interest in coin, and then feel that they have to bash new coins, or their coin will be hurt by the new one. You should have more confidence in your investment or sell it and move on. But no, you convince yourself of lies, or purposely spread FUD about a new coin.

Everytime you do this you actually hurt the coin you care so much about. Do you really think that most people read your silly comments and think more positive about your coin? Or negative of the new coin you are so scared of? Maybe some do, but I believe that most who read your bullshit see right thru you!!

It is so funny to me!!!  Grin Grin Grin

Nobody is afraid of Nem.  I'm not "bashing" anything.  I'm just stating fact.  Do NOT call me a liar.

Please explain to me how Nem is innovative?

Everything about Nem is a blatant copy from Nxt.

I agree. Because Nxt is the future of crypto currencies, not just forks of bitcoin but actually new and very innovative. With the released of its source code some coin dev want to copy Nxt and Nem is one of those coin who has every features of Nxt. But others do not realized that Nxt is still work in progress and it would be difficult to copy future updates that Nxt will going to implement.


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February 20, 2014, 11:58:36 PM
 #20

Please explain to me how Nem is innovative?
For now it's just psychology. Later it'll be own code, if project'll thrive, may be it'll be first try of PoS+PoN.

More cryptopeople involved into PoS, into thinking and coding, better for cryptoworld (and for real economy as well).
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