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

[TaunSew]

I'm a fan of the Australian single transferable vote but that's difficult to do with a forum poll.  I think I might reset the poll and leave two options


3,999,999,999 (4 billion)
8,000,000,000

Might be a good idea yes.
If the only goal is to get away from 4, why do you want to double it ?

We've had this discussion already - 4 is a bad number in Asia and 8 is a good number, to get 4 to 8 is a simple multiplication of 2.  To get to 5, 6 or 7 has to involve fractions.  I'm not a fan of burning 1 or 10 stakes as personally I feel people would just round up in their heads to 4 billion.

Capitalization wise both numbers have an impact.  4 billion might result in less sell off as the initial stakeholders may be more determined to remain NEMillionaires but at the cost that 4B coins might alienating to several cultures.  You can flip this around for the 8 billion, might be more culturally sensitive but it could also result in initial stakeholders going "geez I have 2 million coins, I'm going to sell off half"

[yshin365new]

3,999,....  or 3,,888,...  to avoid 4 billion is just a trick of number.
They are (roughly/about) 4 billion if we round up.
The amount of NXT is 999,997,096. but people say/think NXT amount is 1 Billion.
Even NEM dev team said 4 billion NEM is determined by 4 times of 1 Billion NXT.

[wangjj1]

I'm a fan of the Australian single transferable vote but that's difficult to do with a forum poll.  I think I might reset the poll and leave two options


3,999,999,999 (4 billion)
8,000,000,000

Can add my suggestion 3,990,000,000 (=21million*190) on poll . for the number 3,999,999,999 ,we will still say NEM issued 4 billion in China.

I misread what you wrote earlier, yes I will put it down as 3,990,000,000

Thanks ,TaunSew, I am happy my suggestion was chosen one option by your dev. Hope can be chosen as the NEM number finally.

[TaunSew]

Nemster are superstitious  

Speak for yourself

 

Superstitious is fine.  Self-fulfilling prophecies is generally where the trouble happens.  I'm reminded of Phinnaeus Gage who used to have 1000s of Bitcoins and recently took out a loan of 2.5 BTC and ran off.   Likewise the guys who lost $millions on the dice games.

[dewey556]

only 3.9 stakes in sell orders till we reach 99.900nxt, looks like majority is realizing the potential of their stakes in the new economy movement

[zondic]

Hello everybody,

I am impressed with this project and the community. All of the features and especially initial distribution looks great and gives this coin a lot of potential.

How can I invest into NEM?

Thanks

[wangjj1]

3,999,....  or 3,,888,...  to avoid 4 billion is just a trick of number.
They are (roughly/about) 4 billion if we round up.
The amount of NXT is 999,997,096. but people say/think NXT amount is 1 Billion.
Even NEM dev team said 4 billion NEM is determined by 4 times of 1 Billion NXT.

If we chose 3.99 billion, less 10 million than 4 billion, while 10 million will be current Bitcoin circulation，while NXT just less 3 thousand than 1 billion. So I don't think we can still call NEM issued 4 billion. Ten million difference should not be ignored. we will call the number 3.99 billion as 39亿(亿=1/10 billion) 9千万(千万=10 million) in China.Of course ,in west country ,3.99 billion maybe still regarded same as 4 billion. But our purpose is to happy asian people for this.So if 3.99billion can make it ,we will be OK.

[patmast3r]

I'm wondering why the PS 4 is doing so well in asia. It's basically the playstation death right ?
I think you people are going a little over board with this whole superstition.

[Mickeyb]

only 3.9 stakes in sell orders till we reach 99.900nxt, looks like majority is realizing the potential of their stakes in the new economy movement

To be honest, 100k per NEMstake is a fair price if we consider that this coin will launch in few weeks with 3-4 features that are promised and all shows that it will launch just as promised. Also add to this a beautiful, open sourced client.

100k NXT per NEMstake puts a valuation at 1 NXT = 2,5 NEM if we take into consideration that it will be 4 times more NEM than NXT and I think this is fair, especially if we consider that NXT should be worth much more considering its features, but unfortunately it will not be worth more in the near future because of the initial distribution problem and whales cashing out constantly while putting downward pressure on the price.

So, whoever is reading this and thinking about investing - don't think, just go for it!!  

[makoto1337]

3,999,....  or 3,,888,...  to avoid 4 billion is just a trick of number.
They are (roughly/about) 4 billion if we round up.
The amount of NXT is 999,997,096. but people say/think NXT amount is 1 Billion.
Even NEM dev team said 4 billion NEM is determined by 4 times of 1 Billion NXT.

If we chose 3.99 billion, less 10 million than 4 billion, while 10 million will be current Bitcoin circulation，while NXT just less 3 thousand than 1 billion. So I don't think we can still call NEM issued 4 billion. Ten million difference should not be ignored. we will call the number 3.99 billion as 39亿(亿=1/10 billion) 9千万(千万=10 million) in China.Of course ,in west country ,3.99 billion maybe still regarded same as 4 billion. But our purpose is to happy asian people for this.So if 3.99billion can make it ,we will be OK.

Problem is that people will round 3.9 billion up to 4.

@pat: Playstation Death just sounds awesome

[cryptonikus]

...and no one will get their dreamed up million. On the other hand, maybe it will make NEM holders buy some NEM just to get to 1mil. so it might have counter-dumping effect

[rockethead]

Don't worry. Price went to 43333 and then 44000 and then 44988 and 44999 and now 46888.

For those who are superstitious, These are auspicious numbers. So the sign says, 4B is good.

有三有九有八不可能死!! 不担心，NEM一定要到月球。 我们不需要运气。

[TaunSew]

https://forum.nemcoin.com/index.php?topic=2540.msg6819;topicseen#msg6819

Total number of coins part 2

I forgot to put in an poll expiration but I hope that doesn't affect things too much.

[TaunSew]

3,999,....  or 3,,888,...  to avoid 4 billion is just a trick of number.
They are (roughly/about) 4 billion if we round up.
The amount of NXT is 999,997,096. but people say/think NXT amount is 1 Billion.
Even NEM dev team said 4 billion NEM is determined by 4 times of 1 Billion NXT.

If we chose 3.99 billion, less 10 million than 4 billion, while 10 million will be current Bitcoin circulation，while NXT just less 3 thousand than 1 billion. So I don't think we can still call NEM issued 4 billion. Ten million difference should not be ignored. we will call the number 3.99 billion as 39亿(亿=1/10 billion) 9千万(千万=10 million) in China.Of course ,in west country ,3.99 billion maybe still regarded same as 4 billion. But our purpose is to happy asian people for this.So if 3.99billion can make it ,we will be OK.

Problem is that people will round 3.9 billion up to 4.

@pat: Playstation Death just sounds awesome

I Googled: "PS4 Sales Japan" and got a whole bunch of news articles about poor PS4 sales within Japan.   PS4 is supposedly getting crushed by Wii U?

[patmast3r]

3,999,....  or 3,,888,...  to avoid 4 billion is just a trick of number.
They are (roughly/about) 4 billion if we round up.
The amount of NXT is 999,997,096. but people say/think NXT amount is 1 Billion.
Even NEM dev team said 4 billion NEM is determined by 4 times of 1 Billion NXT.

If we chose 3.99 billion, less 10 million than 4 billion, while 10 million will be current Bitcoin circulation，while NXT just less 3 thousand than 1 billion. So I don't think we can still call NEM issued 4 billion. Ten million difference should not be ignored. we will call the number 3.99 billion as 39亿(亿=1/10 billion) 9千万(千万=10 million) in China.Of course ,in west country ,3.99 billion maybe still regarded same as 4 billion. But our purpose is to happy asian people for this.So if 3.99billion can make it ,we will be OK.

Problem is that people will round 3.9 billion up to 4.

@pat: Playstation Death just sounds awesome

I Googled: "PS4 Sales Japan" and got a whole bunch of news articles about poor PS4 sales within Japan.   PS4 is supposedly getting crushed by Wii U?

I googled PS4 sales in asia and got messages that it's doing twice as good as the PS 2 did.

[jkoil]

Hey it is good to worry about our chinese nemster investors 
Yea lets do it 3,999,999,999!

Would that change the case ...  maybe not because in common discussions and blogs etc, the amount would still be rounded up to 4...

Unless everyone remembers to remind that it is not actually equal to 4 000 000 000, but ... (and tells all the background of the number )

[GheorgheCuza]

I come from China, I like to talk my thought about 4 Billion issue, in China  statutory measurement units , we will call the 4 billion is 40 yi (yi pronunciation is E (in A B C D E), and 40 is not so bad as 4 in China culture.
But i don't know other Asia issue about 4 billion.
if we still want change the quantity, I suggest the number 3.99 billion,because 3.99 billion =21 million*190.
and 21 million is bitcoin quantity, while 190 is a good number in China, it means live long, bitcoin*190 will means we can live longer than bitcoin.

The hate for 4 comes from the pronuncination of 4 (= 四 [sì]) is almost same with the pronunciation of death(=死[sǐ])
4 = 四 [sì]
40 = 四十 [sìshí]
40 includes 4 in pronunciation.

EDIT/
My hobby is banknote collecting.
The special serial no. banknote is expensive.
Solid number note(1111111, 2222222,.....9999999) is most expensive.
Among them, 8888888 is most expensive, and 4444444 is cheapest in spite of same rarity.
Million number note(1000000, 2000000,.....9000000) is expensive, too.
Among them, 8000000 is most expensive, and 4000000 is cheapest in spite of same rarity.
The love/hate for special number also influences on the price like this.

You should post this on the NEM forum.   

In Japan as well, death and the number 4 are both pronounced し (shi). The dislike is so great that the number 4's pronunciation changes to よん (yon) in most cases.

The dislike in Japan is not just from the similarity, but also from the 神道 (shinto) belief in 言霊 (kotodama). The idea that words and sounds have power and meaning in themselves. It is similar to Judaism/Christianity/etc that teaches that God created everything through the use of The Word.

if we still want change the quantity, I suggest the number 3.99 billion,because 3.99 billion =21 million*190.
and 21 million is bitcoin quantity, while 190 is a good number in China, it means live long, bitcoin*190 will means we can live longer than bitcoin.
and 9 means forever in China culture.
Also everyone still know NXT's original 21 btc investment.

And in current important  time , we just multiply to 8 billion will be considered not serious about our NEM.

An interesting note about that 21 btc investment. "The plan of BCNext was to switch from NXT to subcurrencies at the price where 1'000'000'000 NXT = 21'000'000 BTC. This is why initial distribution was cut at ~21 BTC. To have a nice-looking 1'000'000-fold increase in price." -CfB https://nxtforum.org/general-discussion/price-speculation/msg117080/#msg117080

[yshin365new]

Merit of 8 billion NEM.(from a discussion until now)
1) Lucky number.---->popularity   --------> large  market  
2) Soon, world population become 8 billion. ----> 1 NEM per 1 person!
3) 2 million NEM per 1 stakehloder (Double NEMillionaire) -------> Half sell, still NEMillionaire ----------> Wide distribution of NEM----------> NEM's popularity & prosperity.

Somebody please show me the merit of 4 billion NEM shortly.
If he shows the more merit, I will throw away 8 billion and support 4 Billion.
Thanks in advance.

[patmast3r]

Merit of 8 billion NEM.(from a discussion until now)
1) Lucky number.---->popularity   --------> large  market  
2) Soon, world population become 8 billion. ----> 1 NEM per 1 person!
3) 2 million NEM per 1 stakehloder (Double NEMillionaire) -------> Half sell, still NEMillionaire ----------> Wide distribution of NEM----------> NEM's popularity & prosperity.

Somebody please show me the merit of 4 billion NEM shortly.
If he shows the more merit, I will throw away 8 billion and support 4 Billion.
Thanks in advance.

The downsides of 8 bill are enough merrit for 4 bill.
It was 4 bill for almost a year now and people are aware of that number. Changing it now will not only make people scratch their heads it will also look like we're all over the place changing stuff like this in the last possible moment out of superstition.

[Djinou94]

This is an operation of communication and seduction for the asian market
3 999 999 is fine for me it is just 1 nem less and it can change a lot of things