NEM - copycat scam?

[squatsnmilk]

To me NEM seems like a copycat scam.  Anyone can just copy the code of NxT and then use it to their advantage.  After all the NEM coins are "equally distributed", who would be dumb enough to buy in, thus increasing the value?

[1715011760]

1715011760

[Isildur23]

To me NEM seems like a copycat scam.  Anyone can just copy the code of NxT and then use it to their advantage.  After all the NEM coins are "equally distributed", who would be dumb enough to buy in, thus increasing the value?

They just make silly attempts to ruin the image of Nxt. Clones are useless because they can't copy transparent forging. Anyways, soon they will give up and buy Nxt themselves
http://bitcoinmagazine.com/9826/nxt-proof-stake-new-alternative-altcoin/

[Coinsy]

You could say this about any Bitcoin clone... aka 98% of all altcoins.

[hyunsookmom]

Its not a copy cat scam, its just a copy cat.....openly so.

[cryptonikus]

Its not a copy cat scam, its just a copy cat.....openly so.

Not anymore, devs decided to write new code from scratch, using best of NXT plus NEMs own improvements.

[dylan123]

I think nem will do better than nxt

[lexicon]

NEM is not a copy

[Cesar22]

better try No Coin!


https://bitcointalk.org/index.php?topic=469352.0

[vonBerlichingen]

Would be good to hodl both.

[tesslerc]

Seeing as NxT copy every feature that eMu bring to the development table, so if we go with your logic - then the NxT you are defending is actually also a copy cat coin?

Just making sure that i'm not the only one that feels NxT hasn't got even one single unique feature that eMunie hasn't had in beta for a few months already.

[Keyser]

According to this forum, every alt is a scam.  At least NEM is attempting fair distribution.

[M-Plan]

Don't forget my words - NEM-devs will create a good and stable coin using the best pieces of NXT combined with the idea of an equal share !!! NEM will be the big train you'll miss 

[contraband]

It's going to very interesting to see.

Look what happens with the value of worthless clones, some still have value while offering nothing new. With FAR less of a community than 1000+ to start!!

[fudge]

NEM is longest scam ever

[utopianfuture]

NEM is longest scam ever

I thought you are referring to bitcoin, or fiat money depending on the perspective.

[lexicon]

NEM is longest scam ever

If you actually check NEM out you will find out the truth. If you are going to just talk and say things you that are not based on any fact at all then you are just a troll

[M-Plan]

NEM is longest scam ever

I expected a more objective way to analyze NEM. Hard to say - NEM is longest scam ever - without bringing forward arguments.
Thats poor!  

[gentlemand]

Even if it's only middling in terms of innovation, and we won't know about that for quite a while, the distribution model is very attractive to people looking to buy in. Initial distribution will become an increasingly important factor.

I don't begrudge Bitcoin early adopters at all. I'm a bit less enamoured with how NXT came into the world.

[2Kool4Skewl]

NEM is not fairly distributed.  Its distribution is highly concentrated, much more so than Nxt.

[gentlemand]

I'm sure there are plenty of fakes and shills on the list. However I am confident that it's a little more than 70 people or so.

Hit us up with some evidence. I'm curious.