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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 1857256 times)
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bitwhizz
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June 18, 2014, 08:22:24 AM
 #181

Better than NXT

Nxt was pretty simple and uncomplicated. Open & public IPO and every single Nxt was distributed to all stakeholders who put BTC with zero development stake.



yep, pretty sure 5 % share went to developers involved who basically put in 1 bitcoin and recieved 50 million coins, who then decided to arubtly  close off the auction
whereas only 2 % is going to developers, and the rest has been distributed
if you saying the NXT distribution is fairer, you are just trolling
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June 18, 2014, 08:26:05 AM
 #182


You are calculating the 50% with the assumption that 25% will unclaimed stakes. That nothing but an assumption. NXT had that many so what ?

How  many people out of 2800 have claimed token on Nxt AE so far?  I don't think you have reached even close to 1000 after almost a month.  I know some don't want AE tokens, but given you couldn't even reach 1000 says a lot about what is going to happen after the launch

What if the number is even greater than 25?

We should then officially rename Nem to ripple 2.0



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June 18, 2014, 08:28:12 AM
 #183

yep, pretty sure 5 % share went to developers involved who basically put in 1 bitcoin and recieved 50 million coins,

Everyone was free to deposit 1 BTC. Rules were the same for everyone. (even though there is no evidence BXNext put 1 BTC).

Quote
who then decided to arubtly  close off the auction
whereas only 2 % is going to developers, and the rest has been distributed

The IPO was open for 2 fucking month -- a lot longer than Nem IPO.


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June 18, 2014, 08:30:41 AM
 #184

Guys, this isn't the NXT thread, so no reason to compare ourselves to them.

We are trying to build a NEW economy here  Wink

Also, I should mention that people don't want AE tokens because they don't want to dump their stakes.

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June 18, 2014, 09:04:44 AM
 #185

yep, pretty sure 5 % share went to developers involved who basically put in 1 bitcoin and recieved 50 million coins,

Everyone was free to deposit 1 BTC. Rules were the same for everyone. (even though there is no evidence BXNext put 1 BTC).

Quote
who then decided to arubtly  close off the auction
whereas only 2 % is going to developers, and the rest has been distributed

The IPO was open for 2 fucking month -- a lot longer than Nem IPO.




Yep, BC next writes the code, and decides not to put in 1 + (5%) bitcoin in his creation, after making a claim that he would eat his hat if the coins wasn;t worth alot of money within 6 months Roll Eyes
how do we know that he doesn;t own 30 % +?
we don't
this is at least transparent

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June 18, 2014, 09:31:41 AM
 #186

Yep, BC next writes the code, and decides not to put in 1 + (5%) bitcoin in his creation, after making a claim that he would eat his hat if the coins wasn;t worth alot of money within 6 months Roll Eyes
how do we know that he doesn;t own 30 % +?Huh
we don't
this is at least transparent

How do you know Utopian doesn't own 1500 of 2800 stakes? Arguments without evidence are not arguments.  There is no evidence that BCNext put 1 BTC, but even if he did,so what? Everyone was free to put 1 BTC. There were no special rules for the developer. Everyone was free to use sock puppets (if there are any, even though sock puppets for IPO was not a trend back then).  Everything was distributed equally to stakeholders who put BTC, with zero development stake, and IPO was open for 2 months. Everything was transparent as anyone can check original thread, and the nxt blockchain and the blochchain.info hashes to confirm everything.


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bitwhizz
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June 18, 2014, 09:35:39 AM
 #187

Yep, BC next writes the code, and decides not to put in 1 + (5%) bitcoin in his creation, after making a claim that he would eat his hat if the coins wasn;t worth alot of money within 6 months Roll Eyes
how do we know that he doesn;t own 30 % +?Huh
we don't
this is at least transparent

How do you know Utopian doesn't own 1500 of 2800 stakes? Arguments without evidence are not arguments.  There is no evidence that BCNext put 1 BTC, but even if he did,so what? Everyone was free to put 1 BTC. There were no special rules for the developer. Everyone was free to use sock puppets (if there are any).  Everything was distributed equally to stakeholders who put BTC, with zero development stake, and IPO was open for 2 months. Everything was transparent as anyone can check original thread, and the nxt blockchain and the blochchain.info hashes to confirm everything.



some arguments don;t need evidence, if its logically so damn obvious

utopian owned 60 stakes i believe?? i think i read it somewhere

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June 18, 2014, 09:39:57 AM
 #188

some arguments don;t need evidence, if its logically so god damn obvious

You actually made  a statement  that he might even own 30%, breaking his own rule on 1 BTC, just like Utopian, this isn't a logical argument but a speculation. How do you know Utopian does own 60%? You should get back to Nem topic because as far as I am concerned Nxt IPO was simple, with everything distributed to stakeholders, in an IPO that was open for 2 months, with no special stakes reserved for anyone, and same rules for everyone.  That's a public record on BTT forum as that original IPO thread still exists.

Now lets get back to Nem.  

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June 18, 2014, 09:42:54 AM
 #189

some arguments don;t need evidence, if its logically so god damn obvious

You actually made  a statement that he owns 30%, breaking his own rule on 1 BTC, just like Utopian, this isn't a logical argument but a speculation. How do you know Utopian does own 60%? You should get back to Nem topic because as far as I am concerned Nxt IPO was simple, with everything distributed according to stakeholders, in an IPO that was open for 2 month, with no special stakes reserved for anyone. That's a public record on BTT forum as that original IPO thread still exists.  

great,
its obvious he put in atleast 1, i am not sure if he put more than one, that is speculation

i didn;t make a statement, i said

'how do we know he doesn;t own 30% +'
which actually isn;t a statement, its a question

and even if he didn;t break his own rule,
he might have gotten his mother, sister, brother, familly to put in one each, which means he wasn;t breaking  his rule
and to be honest that wouldn;t be a problem, as he wrote the code

but anyways,

i can;t be bothered to have a petty argument about something i don;t really care about,
just stop trolling the  NEM  thread
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June 18, 2014, 09:46:10 AM
 #190

i can;t be bothered to have a petty argument about something i don;t really care about,
just stop trolling the  NEM  thread

How am I trolling? I am raising a legitimate question that if there are too many unclaimed stakes, Nem would be one of few coins like ripple with 50% or more coins either locked up or controlled by insiders.

How is that trolling?

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June 18, 2014, 09:52:14 AM
 #191

i can;t be bothered to have a petty argument about something i don;t really care about,
just stop trolling the  NEM  thread

How am I trolling? I am raising a legitimate question that if there are too many unclaimed stakes, Nem would be one of few coins like ripple with 50% or more coins either locked up or controlled by insiders.

How is that trolling?

You DON'T know how many unclaimed stakes there will be, so it's just speculation.

Also you haven't answered to any of my posts, so I don't feel obliged anymore to answer yours.

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June 18, 2014, 09:57:22 AM
 #192

What to do with unclaimed coins has not yet been decided. One proposal from a few weeks ago that UP made internally was that we use it for trying to get some full-time devs, but nothing is decided completely.

Why not just distribute the coins to all stakeholders equally?

There is plenty of coins left for development -- 10% is 400 million Nem plus all the BTC you will have with the auction and first  IPO?

Okay, I will help you out.

Proposal 1: distribute refunded stakes equally to all stakeholders (this has to be original stakeholders because it seems to complicated to do this with NXT assets I think?)
Pros: Easy to understand and all the original stakeholders benefit, not just a few (this is a good point!).
Cons: Doesn't allow new people to enter the community, sockpuppets will also benefit, and there will be less funding for pay for promotion and development, which will also hurt everyone.

Any other arguments that could be added?
Other proposals?

of course not to the stakeholder list.
You can just increase the coins per stake. simple math, simple distribution.

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June 18, 2014, 10:04:54 AM
 #193

You DON'T know how many unclaimed stakes there will be, so it's just speculation.

No we don't, but there should a contingency plan now if the unclaimed stakes are too high.  My suggestion was to distribute them equally to stakeholders.

Quote
Also you haven't answered to any of my posts, so I don't feel obliged anymore to answer yours.

Was there a direct question directed at me? Please repost it then.

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June 18, 2014, 10:11:17 AM
 #194

I agree - that if there are too many unclaimed stakes, Nem would be one of few coins like ripple with 50% or more coins either locked up or controlled by insiders.  Undecided
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June 18, 2014, 10:13:03 AM
 #195

Кто участвует в закрытом Alfa тестировании Nem? Запишите нам видео как идёт тестирование и загрузите его на YouTube? Это не трудно : (http://screencast-o-matic.com) - Start Recording.

----------------------

Who participates in closed Alfa Nem testing? Write down to us video as there is a testing and load it on YouTube? It isn't difficult : (http://screencast-o-matic.com) - Start Recording.
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June 18, 2014, 10:13:23 AM
 #196

I like that comment! Good Idea!!!



You DON'T know how many unclaimed stakes there will be, so it's just speculation.

No we don't, but there should a contingency plan now if the unclaimed stakes are too high.  My suggestion was to distribute them equally to stakeholders.






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June 18, 2014, 10:18:13 AM
 #197

I agree - that if there are too many unclaimed stakes, Nem would be one of few coins like ripple with 50% or more coins either locked up or controlled by insiders.  Undecided
Send 50% to a trusted escrow or break it down and send to a few? Until they are claimed or used for something! Would that solve the issue?

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June 18, 2014, 10:30:46 AM
 #198

I agree - that if there are too many unclaimed stakes, Nem would be one of few coins like ripple with 50% or more coins either locked up or controlled by insiders.  Undecided
Send 50% to a trusted escrow or break it down and send to a few? Until they are claimed or used for something! Would that solve the issue?


uhm,  50%?

~CfA~

i mean if there are loads and loads of unclaimed stakes, send some to escrow so that development arent holding as many. 50% of unclaimed funds i mean. but its still yet to be seen how many will not be claimed.

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June 18, 2014, 10:46:48 AM
 #199

Why everyone here talking about unclaimed stakes, NEM has even not launched for god sake!

That eadega guy spreading unnecessary FUD, i'm pretty sure that many people simply do not want sell their stakes at this point or claim tokens in NXT AE. At the moment prices per stake aint that much and many people are looking for long term opportunities, not just some pocket-money. IMO i never gonna sell my stake at bargain price and with alpha release so soon, people will Hold.

And for the record, im pretty sure that after the official launch we will see many so called sleepers here buzzling about their stakes.

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June 18, 2014, 11:00:51 AM
 #200

"NEM has not even launched" is a false claim.

Total FUD.
U write like NEM is already launched. It is NOT.
 
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