NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[makoto1337]

This is it, guys
original post:
http://forum.nemcoin.com/index.php?topic=2368.msg4349#msg4349



Here is the big announcement - the 1oz 9999 pure gold and 999 pure silver bullion coin sale is on!
Details are all on http://altnemo.com

This is a HUGE step for NEM because with these coins:

- We will create a way for people to have a physical, tangible connection to NEM
- We can raise money for mobile apps and a fast trading exchange incorporating fiat
- In exchange for raising capital to fund the NEM ecosystem, we will give people stunningly beautiful coins, to be minted at the Perth Mint in 9999 pure gold and 999 pure silver bullion. Each coin will come with a NEM cold wallet (100 NEM for silver, 1000 NEM for gold), giving people both a physical and digital store of value.

Right now gold and silver prices are at incredible lows, so we hope that these coins can grow in value, as we work together to create the new economy.

Given that the coins are of the highest proof quality, to be minted at one of the best mints in the world, and that we are doing very limited quantities (at most only a few thousand silver and few hundred gold), you would expect each coin to cost quite a lot, given that international shipping and insurance is also required. With the goal of making money (this is a crowd sale to fund the NEM epic projects, after all), you would maybe expect a current price of 10,000 NXT per silver coin, once shipping is taken into account.

However, by working with a company in Singapore to help with logistics, we are getting the price down to less than 5,000 NXT per silver coin--this includes a NEM cold wallet and globally insured shipping!

In addition, people who buy these coins will get exclusive access to new information and preliminary versions of our projects, along with other exclusive benefits that we legally cannot name at this time!

Right now you can buy these coins on the NXT Asset Exchange as NEMsilver (Asset ID: 13343565057420780630) and NEMgold (Asset ID: 4280260188071460715). Once you buy the assets, you can redeem them for coins by following the instructions on http://altnemo.com/#buy. Prices for NEMsilver and NEMgold will vary a little as NXT fluctuates with respect to the USD, but currently NEMsilver is around 5,000 NXT and NEMgold is around 80,000 NXT.

Please support NEM and buy NEMsilver and NEMgold. This is a great chance to turn crypto into a physical asset and also help to build a better world.

[1715541033]

1715541033

[rockethead]

What's this huge announcement about? https://twitter.com/nemcoin/status/501715461436764163

I would be interested also... 

Please don't go all nuts about it. I think Makoto is most excited and that's why he's going all nuts on twitter

Roger! We will see 

Well, we are all nuts about NEM anyway. And support NEM we must so that we are the best! :-)

Gold and Silver coins?

Maybe you should write in to them at crowdsale@altnemo.com for a huge discount for having guessed right!

http://forum.nemcoin.com/index.php?topic=2368.0

[makoto1337]

PoI should address some of the concerns of velocity in PoW and PoS.  I know from reading the NXT forums that many people were disappointed that they couldn't stake much of anything.


 Bitcoin had velocity in the sense that anyone who needed Bitcoin (but had no $Fiat) could had CPU mined.  It's different now that the only way to profitably mine is through a Bitcoin ASIC factory (with immense electrical costs and overhead) and many of these are owned by people who already have excess $Fiat and capital.

Of course this velocity argument is sort of flawed in its' own way.  Someone in a developed country with a $500 - $1000 computer arguably is not as desperate for money as someone in rural Kenya..  this could be a dichotomous example as there likely have been urban Africans who have mined Bitcoin and/or alternates but later had to stop as they couldn't do it profitably when CPU mining was replaced by GPU and later ASIC / Scrypt.

We hope that POI, as well as other features, will help to increase the velocity of money.

[gsxrl3oi]

Royal Canadian mint has the purest pms. .9999 silver oz and .99999 gold oz

[TaunSew]

Royal Canadian mint has the purest pms. .9999 silver oz and .99999 gold oz

There's a hilarious YouTube of a guy trying to sell the "$50 Canadian Coin" for $25 people to random people on the street in the United States and there was no takers, even though they could had taken the coin into the coin dealer behind him and get as much as $1400 -$1600.  
 

[gsxrl3oi]

Royal Canadian mint has the purest pms. .9999 silver oz and .99999 gold oz

There's a hilarious YouTube of a guy trying to sell the "$50 Canadian Coin" for $25 people to random people on the street in the United States and there was no takers, even though they could had taken the coin into the coin dealer behind him and get as much as $1400 -$1600.  
 

yah mike or mark dice is his name. yah  If I was offered that I would've been cha ching. best deall ever

[rockethead]

The NEM physical coin is manufactured by a former branch (Perth Mint) of the Royal Mint.  The Royal Mint which struck all the gold and silver coinage for the British Empire.  The Perth Mint itself has been Australian Govt owned since the 1970s and has won consecutive awards after awards.  They're considered to be one of the best commemorative manufacturers of bullion coins in the world.

http://www.perthmint.com.au/about_us_the_perth_mint.aspx

Physical BTC coins are best associated with Cascacius.  The vast majority of Cascacius were plated.  They did strike around 700 1oz silver .999 coins which were later worth a lot.  

Cascacius was struck by Mjbmonetarymetals - a now dissolved company from the United Kingdom, a poster on BTT and you may recognize the name as he is a fellow NEM stakeholder.  This is often forgotten (as discussion is dominated by newer members) but there are a lot of Bitcoin and alternate celebrities who are NEM stakeholders.  1200+ accounts were veteran members.   There comes the fallacy with the sock argument as 1200+ veteran accounts is still a immensely superior initial distribution than the 5-80 initial distribution we see in almost every crypto currency.


Cascacius issued a 1oz Silver .999 coin (was in 2011 or 2012?) and in later 2014 they were being sold for $900 - $2200 on eBay and Bitcointalk (when the market value of the metal in the coins was $25-$75).  


The prices of 5000 NXT and 80,000 NXT are reasonable when we consider this is a crowd funding to fund the mobile and ecosystem.  Using my calculator, the Silver is around a $75 contribution and the Gold is around $700 contribution.  Maybe it is higher or lower but I did a quick calculation based on what I read on Google.     The contribution meaning the amount you are paying beyond market value of the metal / coin (e.g., taking these coins into a coin dealer and selling them before they attain collectible value like the Cascaius coins did).

I believe there is customization, shipping and insurance involved, which I believe makes the coin more expensive, cost wise, than a mass mint like the canadian maple or australian kangaroo coins. I guess there is also a premium for a premium mint. :-)

[makoto1337]

The NEM physical coin is manufactured by a former branch (Perth Mint) of the Royal Mint.  The Royal Mint which struck all the gold and silver coinage for the British Empire.  The Perth Mint itself has been Australian Govt owned since the 1970s and has won consecutive awards after awards.  They're considered to be one of the best commemorative manufacturers of bullion coins in the world.

http://www.perthmint.com.au/about_us_the_perth_mint.aspx

Physical BTC coins are best associated with Cascacius.  The vast majority of Cascacius were plated.  They did strike around 700 1oz silver .999 coins which were later worth a lot.  

Cascacius was struck by Mjbmonetarymetals - a now dissolved company from the United Kingdom, a poster on BTT and you may recognize the name as he is a fellow NEM stakeholder.  This is often forgotten (as discussion is dominated by newer members) but there are a lot of Bitcoin and alternate celebrities who are NEM stakeholders.  1200+ accounts were veteran members.   There comes the fallacy with the sock argument as 1200+ veteran accounts is still a immensely superior initial distribution than the 5-80 initial distribution we see in almost every crypto currency.


Cascacius issued a 1oz Silver .999 coin (was in 2011 or 2012?) and in later 2014 they were being sold for $900 - $2200 on eBay and Bitcointalk (when the market value of the metal in the coins was $25-$75).  


The prices of 5000 NXT and 80,000 NXT are reasonable when we consider this is a crowd funding to fund the mobile and ecosystem.  Using my calculator, the Silver is around a $75 contribution and the Gold is around $700 contribution.  Maybe it is higher or lower but I did a quick calculation based on what I read on Google.     The contribution meaning the amount you are paying beyond market value of the metal / coin (e.g., taking these coins into a coin dealer and selling them before they attain collectible value like the Cascaius coins did).

Given the low mintages, if NEM is even remotely successful, I think the value of the coins will go up.

The coins include international shipping and insurance, so that is a fairly large part of the price, unfortunately.

[Simakki]

I'm pretty sure that I will buy one of the silver coins! Perfect way to support NEM.

[makoto1337]

I'm pretty sure that I will buy one of the silver coins! Perfect way to support NEM.

Price is 3700 NXT for the first 10 NEMsilver assets sold!

[rockethead]

I'm pretty sure that I will buy one of the silver coins! Perfect way to support NEM.

Price is 3700 NXT for the first 10 NEMsilver assets sold!

Let's make it a bit more flexible. Have some offline bulk deals to make things more exciting. 100 silver coins, 200 silver coins, 5 Gold coins? Something like that. Crowdsale need not be inflexible.

After all what we are interested is to raise some funds and let the community have the benefit of the coins that they deserve.

[googlesearch]

This is it, guys
original post:
http://forum.nemcoin.com/index.php?topic=2368.msg4349#msg4349

http://altnemo.com/static/img/gold_c10.png

Here is the big announcement - the 1oz 9999 pure gold and 999 pure silver bullion coin sale is on!
Details are all on http://altnemo.com

This is a HUGE step for NEM because with these coins:

- We will create a way for people to have a physical, tangible connection to NEM
- We can raise money for mobile apps and a fast trading exchange incorporating fiat
- In exchange for raising capital to fund the NEM ecosystem, we will give people stunningly beautiful coins, to be minted at the Perth Mint in 9999 pure gold and 999 pure silver bullion. Each coin will come with a NEM cold wallet (100 NEM for silver, 1000 NEM for gold), giving people both a physical and digital store of value.

Right now gold and silver prices are at incredible lows, so we hope that these coins can grow in value, as we work together to create the new economy.

Given that the coins are of the highest proof quality, to be minted at one of the best mints in the world, and that we are doing very limited quantities (at most only a few thousand silver and few hundred gold), you would expect each coin to cost quite a lot, given that international shipping and insurance is also required. With the goal of making money (this is a crowd sale to fund the NEM epic projects, after all), you would maybe expect a current price of 10,000 NXT per silver coin, once shipping is taken into account.

However, by working with a company in Singapore to help with logistics, we are getting the price down to less than 5,000 NXT per silver coin--this includes a NEM cold wallet and globally insured shipping!

In addition, people who buy these coins will get exclusive access to new information and preliminary versions of our projects, along with other exclusive benefits that we legally cannot name at this time!

Right now you can buy these coins on the NXT Asset Exchange as NEMsilver (Asset ID: 13343565057420780630) and NEMgold (Asset ID: 4280260188071460715). Once you buy the assets, you can redeem them for coins by following the instructions on http://altnemo.com/#buy. Prices for NEMsilver and NEMgold will vary a little as NXT fluctuates with respect to the USD, but currently NEMsilver is around 5,000 NXT and NEMgold is around 80,000 NXT.

Please support NEM and buy NEMsilver and NEMgold. This is a great chance to turn crypto into a physical asset and also help to build a better world.

the pitch black sky will open and heavy will it rain gimres makotos and pet masters from the sky when the day Zero comes and eliminates the IP0 scams like NeM !

~CfA~

It's stupid.We need Nem ,don't need gold and makoto1337.

The darker someone's inner fraud and corruption are.

[TaunSew]

I'm pretty sure that I will buy one of the silver coins! Perfect way to support NEM.

Price is 3700 NXT for the first 10 NEMsilver assets sold!

Let's make it a bit more flexible. Have some offline bulk deals to make things more exciting. 100 silver coins, 200 silver coins, 5 Gold coins? Something like that. Crowdsale need not be inflexible.

After all what we are interested is to raise some funds and let the community have the benefit of the coins that they deserve.

Any professional collector would see value in this but I don't know how they could come to know about it, unless they browse Bitcointalk or keep up with crypto news.  Even if they didn't see value in NEM itself they would value the limited issued physical coins.  Much like I see this becoming a popular asset on the NXT asset exchange as it is the first asset to issue physical gold and silver from a reputable source.

Just like if you bought Casacius today and then Bitcoin was later $0 - a Casacius 1oz silver would be worth thousands due to the novelty, first precedents and history behind it.

  As far as I know NEMsilver and NEMgold is the first crypto currency to be struck by an internationally renown mint and that brings value.   As well, there are collectors of Royal Mint / Perth Mint who would also want to collect the first crypto currency struck by them.

[rockethead]

I'm pretty sure that I will buy one of the silver coins! Perfect way to support NEM.

Price is 3700 NXT for the first 10 NEMsilver assets sold!

Let's make it a bit more flexible. Have some offline bulk deals to make things more exciting. 100 silver coins, 200 silver coins, 5 Gold coins? Something like that. Crowdsale need not be inflexible.

After all what we are interested is to raise some funds and let the community have the benefit of the coins that they deserve.

Any professional collector would see value in this but I don't know how they could come to know about it, unless they browse Bitcointalk or keep up with crypto news.  Even if they didn't see value in NEM itself they would value the limited issued physical coins.

 Just like if you bought Casacius today and then Bitcoin was later $0 - a Casacius would be worth thousands due to the novelty, first precedents and history behind it.

  As far as I know NEMsilver and NEMgold is the first crypto currency to be struck by an internationally renown mint and that brings value.   As well, there are collectors of Royal Mint / Perth Mint who would want to collect the first crypto currency struck by them.

Two sold!

[gimre]

It's stupid.We need Nem ,don't need gold and makoto1337.

The darker someone's inner fraud and corruption are.

Nice try CfA

[xtester]

This is it, guys
original post:
http://forum.nemcoin.com/index.php?topic=2368.msg4349#msg4349



Here is the big announcement - the 1oz 9999 pure gold and 999 pure silver bullion coin sale is on!
Details are all on http://altnemo.com

This is a HUGE step for NEM because with these coins:

- We will create a way for people to have a physical, tangible connection to NEM
- We can raise money for mobile apps and a fast trading exchange incorporating fiat
- In exchange for raising capital to fund the NEM ecosystem, we will give people stunningly beautiful coins, to be minted at the Perth Mint in 9999 pure gold and 999 pure silver bullion. Each coin will come with a NEM cold wallet (100 NEM for silver, 1000 NEM for gold), giving people both a physical and digital store of value.

Right now gold and silver prices are at incredible lows, so we hope that these coins can grow in value, as we work together to create the new economy.

Given that the coins are of the highest proof quality, to be minted at one of the best mints in the world, and that we are doing very limited quantities (at most only a few thousand silver and few hundred gold), you would expect each coin to cost quite a lot, given that international shipping and insurance is also required. With the goal of making money (this is a crowd sale to fund the NEM epic projects, after all), you would maybe expect a current price of 10,000 NXT per silver coin, once shipping is taken into account.

However, by working with a company in Singapore to help with logistics, we are getting the price down to less than 5,000 NXT per silver coin--this includes a NEM cold wallet and globally insured shipping!

In addition, people who buy these coins will get exclusive access to new information and preliminary versions of our projects, along with other exclusive benefits that we legally cannot name at this time!

Right now you can buy these coins on the NXT Asset Exchange as NEMsilver (Asset ID: 13343565057420780630) and NEMgold (Asset ID: 4280260188071460715). Once you buy the assets, you can redeem them for coins by following the instructions on http://altnemo.com/#buy. Prices for NEMsilver and NEMgold will vary a little as NXT fluctuates with respect to the USD, but currently NEMsilver is around 5,000 NXT and NEMgold is around 80,000 NXT.

Please support NEM and buy NEMsilver and NEMgold. This is a great chance to turn crypto into a physical asset and also help to build a better world.

Good work, makoto. Let's start the work on the NEM mobile apps and fast trading exchange as soon as possible. Really looking forward to those.  

[makoto1337]

I'm pretty sure that I will buy one of the silver coins! Perfect way to support NEM.

Price is 3700 NXT for the first 10 NEMsilver assets sold!

Let's make it a bit more flexible. Have some offline bulk deals to make things more exciting. 100 silver coins, 200 silver coins, 5 Gold coins? Something like that. Crowdsale need not be inflexible.

After all what we are interested is to raise some funds and let the community have the benefit of the coins that they deserve.

Any professional collector would see value in this but I don't know how they could come to know about it, unless they browse Bitcointalk or keep up with crypto news.  Even if they didn't see value in NEM itself they would value the limited issued physical coins.  Much like I see this becoming a popular asset on the NXT asset exchange as it is the first asset to issue physical gold and silver from a reputable source.

Just like if you bought Casacius today and then Bitcoin was later $0 - a Casacius 1oz silver would be worth thousands due to the novelty, first precedents and history behind it.

  As far as I know NEMsilver and NEMgold is the first crypto currency to be struck by an internationally renown mint and that brings value.   As well, there are collectors of Royal Mint / Perth Mint who would also want to collect the first crypto currency struck by them.

We really need to get a coindesk article written about the crowd sale!

[Thingamajig]

This is it, guys
original post:
http://forum.nemcoin.com/index.php?topic=2368.msg4349#msg4349



Here is the big announcement - the 1oz 9999 pure gold and 999 pure silver bullion coin sale is on!
Details are all on http://altnemo.com

This is a HUGE step for NEM because with these coins:

- We will create a way for people to have a physical, tangible connection to NEM
- We can raise money for mobile apps and a fast trading exchange incorporating fiat
- In exchange for raising capital to fund the NEM ecosystem, we will give people stunningly beautiful coins, to be minted at the Perth Mint in 9999 pure gold and 999 pure silver bullion. Each coin will come with a NEM cold wallet (100 NEM for silver, 1000 NEM for gold), giving people both a physical and digital store of value.

Right now gold and silver prices are at incredible lows, so we hope that these coins can grow in value, as we work together to create the new economy.

Given that the coins are of the highest proof quality, to be minted at one of the best mints in the world, and that we are doing very limited quantities (at most only a few thousand silver and few hundred gold), you would expect each coin to cost quite a lot, given that international shipping and insurance is also required. With the goal of making money (this is a crowd sale to fund the NEM epic projects, after all), you would maybe expect a current price of 10,000 NXT per silver coin, once shipping is taken into account.

However, by working with a company in Singapore to help with logistics, we are getting the price down to less than 5,000 NXT per silver coin--this includes a NEM cold wallet and globally insured shipping!

In addition, people who buy these coins will get exclusive access to new information and preliminary versions of our projects, along with other exclusive benefits that we legally cannot name at this time!

Right now you can buy these coins on the NXT Asset Exchange as NEMsilver (Asset ID: 13343565057420780630) and NEMgold (Asset ID: 4280260188071460715). Once you buy the assets, you can redeem them for coins by following the instructions on http://altnemo.com/#buy. Prices for NEMsilver and NEMgold will vary a little as NXT fluctuates with respect to the USD, but currently NEMsilver is around 5,000 NXT and NEMgold is around 80,000 NXT.

Please support NEM and buy NEMsilver and NEMgold. This is a great chance to turn crypto into a physical asset and also help to build a better world.

This is absolutely fantastic news.


Word needs to get out about this.

[makoto1337]

Since we are selling NEMsilver and NEMgold on the NXT AE, can nemsters who are active in the NXT community go an promote these assets on the NXT forums, etc (be polite ).

Also, can anyone get James to buy 100 NEMgold?

[amytheplanarshift]

Out of curiosity, is there any way to turn a portion of one's NEMstake into these coins?

I should clarify, I don't have my NEMstake on the asset exchange but I think some of us who don't may be interested in just requesting a portion of our stake be given to us as these physical coins if that were possible.