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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 1857268 times)
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gentlemand
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June 23, 2014, 09:02:36 PM
 #801

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?

NXT would be way up there if its beginnings hadn't been so botched. Screaming about distribution is still the first thing that comes out when people discuss it.

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xtester
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Risk taker & Black Swan farmer.


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June 23, 2014, 09:02:55 PM
 #802

Interesting things are being prepared for NEM.
gsxrl3oi
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June 23, 2014, 09:08:51 PM
 #803



N.E.M stake should come with space suits. Grin
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June 23, 2014, 09:11:48 PM
 #804

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?

NXT would be way up there if its beginnings hadn't been so botched. Screaming about distribution is still the first thing that comes out when people discuss it.

Hard to say. Maybe it was intended that way.

A freedom fighter. Stop all your bull shit !
ARGpentem
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June 23, 2014, 09:13:13 PM
 #805

Interesting things are being prepared for NEM.

more details ?

A freedom fighter. Stop all your bull shit !
TauMuon
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June 23, 2014, 09:30:26 PM
 #806

Closed alpha has blown me away. Everyone should be very, very excited for the open alpha.

NEM - New Economy Movement - http://blog.nem.io/overview/ | www.reddit.com/r/nem | https://www.facebook.com/ourNEM | https://twitter.com/nemcoin
Built from the Ground up with 100% Original Code | A Second-Generation Crypto, Radically Improved over Bitcoin | Philosophy of Solidarity and Egalitarianism
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June 23, 2014, 09:43:18 PM
 #807

Closed alpha has blown me away. Everyone should be very, very excited for the open alpha.

Yes! It is amazing! I was very excited about open alpha but now.... Really can't wait for everyone to be able to see it and start tinkering with it.
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June 23, 2014, 10:05:48 PM
 #808

Interesting things are being prepared for NEM.

why to say things half the way and keep us intrigue, its better to say it all than keep us in limbo Smiley

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arniebaby
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June 23, 2014, 10:44:25 PM
 #809

Interesting things are being prepared for NEM.

why to say things half the way and keep us intrigue, its better to say it all than keep us in limbo Smiley
LOL. Good things come.................

NARNIE-YYITR3-V6BVJ7-GGR5EO-GRIZZ2-WEMD4A-AAUD
NEM NEM NEM NEM NEM NEM NEM NEM NEM NEM
jkoil
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June 23, 2014, 10:53:20 PM
 #810

Interesting things are being prepared for NEM.

more details ?


Maybe after verifications  Smiley ?
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June 23, 2014, 11:12:19 PM
 #811

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.

Hello.

You don't need to buy anything registration is FREE
so you don't need to send any NXT or BTC to the "developer" to join.


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June 23, 2014, 11:16:00 PM
 #812

I already wrote this on 26/02: (This quotation is a little bit changed in the beginning of the sentence).
 
"It would be possible to write another coin (little brother of NEM), which would be only possible to mine/forge/harvest, by trading and/or holding NEM.
The more you trade/hold, the more you get. Also if you sell or buy some NEM, you're earning some of the little brother.
NEM should get an unbelievable thrust through and it would people even more animate to use this Movement."

I don't want to lose this idea. It would be a huge deal, I think - Especially in long term.
NEM will hold up any option, that's what NEM is made for Smiley

GreetZ


BitZCoin



PS:
Now is the time to buy your stake @: http://bit.ly/1qmjzRV
(1 000 000 NEM are not even @ 30 000 NXT right now! Smiley

HOLD Cheesy

NEM is the future
freigeist
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June 23, 2014, 11:18:22 PM
 #813

Hello

Is nice to see NEM stake value increase but I think this could also lead to another problem
that the stake could become so expensive that other people will be reluctant to join.
The question is what(how) can we do to increase NEM user base even more before the
complete release of the coin and the NEM stake becomes to expensive (valuable)?!


kodtycoon
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June 23, 2014, 11:27:06 PM
 #814

Hello

Is nice to see NEM stake value increase but I think this could also lead to another problem
that the stake could become so expensive that other people will be reluctant to join.
The question is what(how) can we do to increase NEM user base even more before the
complete release of the coin and the NEM stake becomes to expensive (valuable)?!



a trusted member of the nem community could issue nem stakes on the AE divisible by 100 rather than 10. the stakes coming from the stakes to be auctioned or elsewhere. come distribution the devs distribute the stakes as they would to those who claimed plus the stakes to the trusted member who would then distribute the coins to those who claim the stakes that they bought off him. main distributor(who ever is in control of stakes) > ~10 stakes > sub distributor sells on AE(amounts down to .01 of a stake all set to sell at the market price set by the main market) > buyers,

buyers(nxt payed for stakes) > sub distributor > main distibutor

there is no extra work created for main devs/distributor, as it would be passed on to the sub distributor. every one with out enough to buy .1 on main market could buy on the mini market.

thoughts?

"Pioneering a revolutionary novel consensus mechanism called proof of importance."
fragout
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June 23, 2014, 11:33:27 PM
 #815

Hello

Is nice to see NEM stake value increase but I think this could also lead to another problem
that the stake could become so expensive that other people will be reluctant to join.
The question is what(how) can we do to increase NEM user base even more before the
complete release of the coin and the NEM stake becomes to expensive (valuable)?!



a trusted member of the nem community could issue nem stakes on the AE divisible by 100 rather than 10. the stakes coming from the stakes to be auctioned or elsewhere. come distribution the devs distribute the stakes as they would to those who claimed plus the stakes to the trusted member who would then distribute the coins to those who claim the stakes that they bought off him. main distributor(who ever is in control of stakes) > ~10 stakes > sub distributor sells on AE(amounts down to .01 of a stake all set to sell at the market price set by the main market) > buyers,

buyers(nxt payed for stakes) > sub distributor > main distibutor

there is no extra work created for main devs/distributor, as it would be passed on to the sub distributor. every one with out enough to buy .1 on main market could buy on the mini market.

thoughts?

Dont like. It would create a 2nd market and possibly confusion. tbh I dont care about the price at the moment as the asset exchange will flush out the early dumpers. The main distribution will take place when the coin is released and on an exchange
kodtycoon
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June 23, 2014, 11:35:39 PM
 #816

Hello

Is nice to see NEM stake value increase but I think this could also lead to another problem
that the stake could become so expensive that other people will be reluctant to join.
The question is what(how) can we do to increase NEM user base even more before the
complete release of the coin and the NEM stake becomes to expensive (valuable)?!



a trusted member of the nem community could issue nem stakes on the AE divisible by 100 rather than 10. the stakes coming from the stakes to be auctioned or elsewhere. come distribution the devs distribute the stakes as they would to those who claimed plus the stakes to the trusted member who would then distribute the coins to those who claim the stakes that they bought off him. main distributor(who ever is in control of stakes) > ~10 stakes > sub distributor sells on AE(amounts down to .01 of a stake all set to sell at the market price set by the main market) > buyers,

buyers(nxt payed for stakes) > sub distributor > main distibutor

there is no extra work created for main devs/distributor, as it would be passed on to the sub distributor. every one with out enough to buy .1 on main market could buy on the mini market.

thoughts?

Dont like. It would create a 2nd market and possibly confusion. tbh I dont care about the price at the moment as the asset exchange will flush out the early dumpers. The main distribution will take place when the coin is released and on an exchange

whats the issue with a second market? i would just see it as a mini auction of mini stakes for those with few coins (which im sure there would be allot of people who dont have many coins.

and you may not have an issue with the price of .1 of a stake but the many who cant afford .1 certainly do id say, sitting there watching the value go up and not being able to buy any, how happy will all those people be that they can buy a small piece of nem so early in the game?

"Pioneering a revolutionary novel consensus mechanism called proof of importance."
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June 23, 2014, 11:57:38 PM
 #817

I am another NEM stakeholder that hasn't and won't be asking for my NEM on on the AE.  I am keeping it for me!!!
+1, as well as me Wink
I think it's safer to keep it on AE, as NXT can't really be hacked unless you have very unsecure passphrase. I don't know about the safety of bitcointalk.

Good point, it will be safer on NXT's AE.

NEM
New Economy Movement
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June 24, 2014, 12:49:16 AM
 #818

for my part, Im not against NXT, I just think they have a distribution problem, that keeps getting worse..

I don't think so. 2000 vs 100 stakeholders seems like a huge difference and I think NEM will profit from a big community but to be honest the distribution is barely better. People will always complain about unfair distribution. I mean what about the other 7 billion people in the world? Life is really unfair mimimimimi....
Also it has turned out that NXT actually benefits from its stakeholders. A few stakeholder with huge amounts of coins are donating more than thousands of investors with little amounts. What I fear about NEM launch is that many people cash out when price is high and in the end the distribution is as bad as in NXT, Bitcoin and others.

Lets assume there are some people with multiple stakes.

They are likely to either dump most but a lot may be motivated marketers.  If they were motivated enough to sign up for all the BTT accounts then they will be motivated to help out NEM for the long run.  So while we may wish there were 0 sock puppets, they may not necessarily be as bad as people think.  They might also be more willing to give NEM out to friends etc.  It isn't 100% one sided.

Having 3000 stakeholders would be the best, but having 2000 might be 90% as good if those motivated to acquire stakes are motivated to continually support NEM over their stakes.  It is even possible that those sock puppets end up being more valued than the people who came on late once it had been determined to be a very successful coin.
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June 24, 2014, 01:38:56 AM
 #819

for my part, Im not against NXT, I just think they have a distribution problem, that keeps getting worse..

I don't think so. 2000 vs 100 stakeholders seems like a huge difference and I think NEM will profit from a big community but to be honest the distribution is barely better. People will always complain about unfair distribution. I mean what about the other 7 billion people in the world? Life is really unfair mimimimimi....
Also it has turned out that NXT actually benefits from its stakeholders. A few stakeholder with huge amounts of coins are donating more than thousands of investors with little amounts. What I fear about NEM launch is that many people cash out when price is high and in the end the distribution is as bad as in NXT, Bitcoin and others.

Lets assume there are some people with multiple stakes.

They are likely to either dump most but a lot may be motivated marketers.  If they were motivated enough to sign up for all the BTT accounts then they will be motivated to help out NEM for the long run.  So while we may wish there were 0 sock puppets, they may not necessarily be as bad as people think.  They might also be more willing to give NEM out to friends etc.  It isn't 100% one sided.

Having 3000 stakeholders would be the best, but having 2000 might be 90% as good if those motivated to acquire stakes are motivated to continually support NEM over their stakes.  It is even possible that those sock puppets end up being more valued than the people who came on late once it had been determined to be a very successful coin.

While we are assuming…. Let’s assume that most investors have bought their legal 2 shares (I have). Let’s also assume that 10% of investors have been greedy and have bought 10 or more shares. What does that do to the NEM distribution model?

To me the fair distribution argument for NEM has never seemed any fairer to me than NXT or any other crypto in the large scheme of things. Imagine even 3,000 of the 7,000,000,000 people in the world getting shares and 6,999,997,000 not getting shares. It doesn’t seem like a drop in the bucket fairness wise, does it?

BTC:    1JVArfYKssNLEBR3WQv1fNfvNrWiQmq5JU     NXT: 9387163161124147828
NODE: 16555205019565756574
ARGpentem
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June 24, 2014, 01:39:26 AM
 #820

for my part, Im not against NXT, I just think they have a distribution problem, that keeps getting worse..

I don't think so. 2000 vs 100 stakeholders seems like a huge difference and I think NEM will profit from a big community but to be honest the distribution is barely better. People will always complain about unfair distribution. I mean what about the other 7 billion people in the world? Life is really unfair mimimimimi....
Also it has turned out that NXT actually benefits from its stakeholders. A few stakeholder with huge amounts of coins are donating more than thousands of investors with little amounts. What I fear about NEM launch is that many people cash out when price is high and in the end the distribution is as bad as in NXT, Bitcoin and others.

Lets assume there are some people with multiple stakes.

They are likely to either dump most but a lot may be motivated marketers.  If they were motivated enough to sign up for all the BTT accounts then they will be motivated to help out NEM for the long run.  So while we may wish there were 0 sock puppets, they may not necessarily be as bad as people think.  They might also be more willing to give NEM out to friends etc.  It isn't 100% one sided.

Having 3000 stakeholders would be the best, but having 2000 might be 90% as good if those motivated to acquire stakes are motivated to continually support NEM over their stakes.  It is even possible that those sock puppets end up being more valued than the people who came on late once it had been determined to be a very successful coin.

Motivating people to stay and contribute to a decentralized project is not easy. I suspect it mostly depends on how open, fun and talented the whole community is. NEM distribution is fine as it is

A freedom fighter. Stop all your bull shit !
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