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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 1797552 times)
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TaunSew
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June 23, 2014, 06:46:16 PM
 #781



As for a distribution of 100 (typical alt is more like 20-50) vs distribution of 2000+.  It doesn't scale to world population (dumb rhetoric) but it shows that anybody could had got in.  The thing is if you have less than 50 they may as well be relatives / friends of the coin creator.  When you have 2000+ almost all will be strangers with no connection to each other.  That's just the point and why 2000 - 3000 is sufficient, anymore defeats the purpose

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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IsabellaA
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June 23, 2014, 06:46:44 PM
 #782

NEW keep moving!!! Grin Grin
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June 23, 2014, 06:46:51 PM
 #783

another alpha screenshot just because it looks so fine Wink



Man, waiting eagerly to get hands on the alpha test.

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June 23, 2014, 06:48:23 PM
 #784

What does this mean ?
Self-explanatory.

Which street?

A freedom fighter. Stop all your bull shit !
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June 23, 2014, 06:52:27 PM
 #785

another alpha screenshot just because it looks so fine Wink



Man, waiting eagerly to get hands on the alpha test.

Address is a bit long. Nice UI but let me see if it is functional. Two more days.  

A freedom fighter. Stop all your bull shit !
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June 23, 2014, 07:01:14 PM
 #786

Shameless plug: https://www.youtube.com/watch?v=ZYE3hOnsNv8  NEM alpha video
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June 23, 2014, 07:09:39 PM
 #787

The Alpha screenshot looks great.
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June 23, 2014, 07:13:48 PM
 #788

If "everyone cashes out" when the price is high that means the coins will be distributed amongst all the buyers unless it's just one single whale who comes in and buys up ALL the coins (highly unlikely, especially if the prices are high). Having as many stakeholders as we do in NEM means that as we initial stakeholders begin to sell off some of our coins after launch to the general public, the coins will become much more widely and more fairly distributed amongst the populace than they ever possibly could from a small group of initial investors like NXT had. 2000 is 20 times greater than 100, that's not an irrelevant amount at all. The more people you have initially, the greater the chances are you are going to have more people selling their coins on the open market for a more even distribution. With only 100 investors, the likelihood of any of them selling very many is low as they hold out for higher and higher prices, and then when they dump it's going to fall extra hard. Having 20 times more initial investors makes us much less susceptible to such problems, but of course it could *always* be better as you say.


It is naive to think about distribution in term of "fairness". Every single coin community except Bitcoin is built entirely by a group of hard-core supporters which often has less than 100 members. It is fair if they have the majority of the stakes. Having something for nothing does not seem "fair" to me. The problem with NXT distribution is the incentive mis-match because the 5% whales do not contribute much (relatively) to the development.



As for a distribution of 100 (typical alt is more like 20-50) vs distribution of 2000+.  It doesn't scale to world population (dumb rhetoric) but it shows that anybody could had got in.  The thing is if you have less than 50 they may as well be relatives / friends of the coin creator.  When you have 2000+ almost all will be strangers with no connection to each other.  That's just the point and why 2000 - 3000 is sufficient, anymore defeats the purpose


All reasonable points, I haven't looked that way. I'll think about it.

nxttip:NXT-F9YV-VFNJ-X534-7J66B
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June 23, 2014, 07:26:03 PM
 #789

Shameless plug: https://www.youtube.com/watch?v=ZYE3hOnsNv8  NEM alpha video

doesn't work on mobile.

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June 23, 2014, 07:29:36 PM
 #790


I noticed that too today, I will see if i can fix that when i am able to get back to my computer
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June 23, 2014, 07:44:23 PM
 #791

what difference does it make the alpha test to the NEM value price? its not a finish coin you can use anyway, I don't see what difference will it make
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June 23, 2014, 08:06:56 PM
 #792

what difference does it make the alpha test to the NEM value price? its not a finish coin you can use anyway, I don't see what difference will it make

Are you kidding  Huh

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for betting tips and for https://betsikingi.info/vedonlyontibonukset-vedonlyontisivustot and Unibet TV for sports live streaming!
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June 23, 2014, 08:17:52 PM
 #793

https://bitcointalk.org/index.php?topic=620518.0

Nem already bein coppied? Check the distribution model! Wink

"Pioneering a revolutionary novel consensus mechanism called proof of importance."
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June 23, 2014, 08:25:21 PM
 #794

https://bitcointalk.org/index.php?topic=620518.0

Ben already bein coppied? Check the distribution model! Wink
simple rules, hilarious.






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kodtycoon
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June 23, 2014, 08:29:34 PM
 #795

https://bitcointalk.org/index.php?topic=620518.0

Ben already bein coppied? Check the distribution model! Wink
simple rules, hilarious.
look at the percentage going to the 3000 and going to devs! Defeats the purpose when there are only 2 - 3 devs! Lol

"Pioneering a revolutionary novel consensus mechanism called proof of importance."
TaunSew
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June 23, 2014, 08:41:11 PM
 #796

I don't buy from anonymous developers who name themselves after a coin.  So Kora is out for me.

As well many coins have copied NEM's distribution model and failed to drum up interest.  NEM isn't some Communist or freebie coin.  NEM is an initiation to a new economic movement.

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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June 23, 2014, 08:43:25 PM
 #797

what difference does it make the alpha test to the NEM value price? its not a finish coin you can use anyway, I don't see what difference will it make

Are you kidding  Huh

did you see me laughing?
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June 23, 2014, 08:52:11 PM
 #798

what difference does it make the alpha test to the NEM value price? its not a finish coin you can use anyway, I don't see what difference will it make

Are you kidding  Huh

did you see me laughing?

It will clear the scam accusation. If things go well, NEM open alpha is as good or better than most coins at launch.

NEM: TC2L3G2VREUAZI7SE5WJW7TM6B3DBBKL4DJCO6AA
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June 23, 2014, 08:54:52 PM
 #799

what difference does it make the alpha test to the NEM value price? its not a finish coin you can use anyway, I don't see what difference will it make

Are you kidding  Huh

did you see me laughing?

It will clear the scam accusation. If things go well, NEM open alpha is as good or better than most coins at launch.
Thanks
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June 23, 2014, 08:59:06 PM
 #800

I don't buy from anonymous developers who name themselves after a coin.  So Kora is out for me.

As well many coins have copied NEM's distribution model and failed to drum up interest.  NEM isn't some Communist or freebie coin.  NEM is an initiation to a new economic movement.
+1. Kora is not the first. NXT lite was the first copy of the distributional model. But i guess there are more to wide distribution. Where is aurora coin now if the success is to give the coins to many people as possible?

NEM: TC2L3G2VREUAZI7SE5WJW7TM6B3DBBKL4DJCO6AA
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