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NEM - copycat scam?
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Topic: NEM - copycat scam? (Read 4002 times)
squatsnmilk
(OP)
Member
Activity: 89
Merit: 10
NEM - copycat scam?
February 04, 2014, 02:16:31 PM
#1
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?
I like TRON.
Isildur23
Full Member
Activity: 178
Merit: 100
Re: NEM - copycat scam?
February 04, 2014, 04:03:00 PM
#2
Quote from: squatsnmilk on February 04, 2014, 02:16:31 PM
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/
Ties are a prison for the soul...
Coinsy
Full Member
Activity: 163
Merit: 100
Re: NEM - copycat scam?
February 04, 2014, 05:08:59 PM
#3
You could say this about any Bitcoin clone... aka 98% of all altcoins.
hyunsookmom
Sr. Member
Activity: 420
Merit: 250
Kamehameha!!!
Re: NEM - copycat scam?
February 04, 2014, 05:22:28 PM
#4
Its not a copy cat scam, its just a copy cat.....openly so.
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cryptonikus
Hero Member
Activity: 595
Merit: 500
Re: NEM - copycat scam?
February 16, 2014, 06:29:23 AM
#5
Quote from: hyunsookmom on February 04, 2014, 05:22:28 PM
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.
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dylan123
Newbie
Activity: 32
Merit: 0
Re: NEM - copycat scam?
February 16, 2014, 06:39:10 AM
#6
I think nem will do better than nxt
lexicon
Full Member
Activity: 279
Merit: 100
Re: NEM - copycat scam?
February 16, 2014, 04:59:41 PM
#7
NEM is not a copy
Cesar22
Member
Activity: 100
Merit: 10
Re: NEM - copycat scam?
February 16, 2014, 06:16:19 PM
#8
better try No Coin!
https://bitcointalk.org/index.php?topic=469352.0
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vonBerlichingen
Sr. Member
Activity: 274
Merit: 250
Re: NEM - copycat scam?
February 16, 2014, 06:39:03 PM
#9
Would be good to hodl both.
tesslerc
Newbie
Activity: 19
Merit: 0
Re: NEM - copycat scam?
February 16, 2014, 06:45:26 PM
#10
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
Member
Activity: 103
Merit: 10
Re: NEM - copycat scam?
February 16, 2014, 08:33:38 PM
#11
According to this forum, every alt is a scam. At least NEM is attempting fair distribution.
M-Plan
Newbie
Activity: 39
Merit: 0
Re: NEM - copycat scam?
February 16, 2014, 10:54:40 PM
#12
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
Hero Member
Activity: 1232
Merit: 528
Community Manager: ETN
Re: NEM - copycat scam?
February 16, 2014, 11:33:25 PM
#13
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
Hero Member
Activity: 664
Merit: 500
Re: NEM - copycat scam?
February 17, 2014, 12:54:14 AM
#14
NEM is longest scam ever
Haшa гpyшa нaйpoзкopчyмaкyвaтiшa!
utopianfuture
Sr. Member
Activity: 602
Merit: 268
Internet of Value
Re: NEM - copycat scam?
February 17, 2014, 01:02:35 AM
#15
Quote from: fudge on February 17, 2014, 12:54:14 AM
NEM is longest scam ever
I thought you are referring to bitcoin, or fiat money depending on the perspective.
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lexicon
Full Member
Activity: 279
Merit: 100
Re: NEM - copycat scam?
February 18, 2014, 06:08:01 PM
#16
Quote from: fudge on February 17, 2014, 12:54:14 AM
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
Newbie
Activity: 39
Merit: 0
Re: NEM - copycat scam?
February 18, 2014, 06:56:50 PM
#17
Quote from: fudge on February 17, 2014, 12:54:14 AM
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
Legendary
Activity: 2604
Merit: 3090
Welt Am Draht
Re: NEM - copycat scam?
February 18, 2014, 07:06:40 PM
#18
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
Sr. Member
Activity: 644
Merit: 250
⇾
Re: NEM - copycat scam?
February 18, 2014, 07:12:14 PM
#19
NEM is not fairly distributed. Its distribution is highly concentrated, much more so than Nxt.
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gentlemand
Legendary
Activity: 2604
Merit: 3090
Welt Am Draht
Re: NEM - copycat scam?
February 18, 2014, 07:19:15 PM
#20
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.
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