UF, let me say this, untill kod finds a reasonable answer to the bulletpoints he asked for.
"likely to be great" with "great" are light years away/
Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 101. (Read 661498 times)
May 20, 2014, 09:21:14 AM
May 20, 2014, 09:18:51 AM
When you tell someone how "great" something that has not launched yet is, you are making things up.
If you want anything to be measured, you really need to let it exist first.
also, value does not start where we want it to start arbitrarily.
starting value is 0.00000001 btc, not 0.1 btc because "i think so"
If you want anything to be measured, you really need to let it exist first.
also, value does not start where we want it to start arbitrarily.
starting value is 0.00000001 btc, not 0.1 btc because "i think so"
I can say Circle is likely to be great. It could be wrong but their line-up looks solid. You should look at maidsafe too. There is a market for ideas.
May 20, 2014, 09:17:53 AM
kodtycoon, i trust noone, let alone strangers online that pretend to care about "small stakeholders"
You asked for bullet points, i gave them to you and since you cant address them you are hiding behind others.
Why dont you man up and answer the bullet points you asked me to deliver?
nem tokens are not redeemable outside nxt blockchain
nem tokens are going to stay on nxt ae forever, and they will be tradeable.
no reasonin to do this, apart from "oh wow, much trading, many tokens"
Oh wait, i know, fanbois cant think
You asked for bullet points, i gave them to you and since you cant address them you are hiding behind others.
Why dont you man up and answer the bullet points you asked me to deliver?
nem tokens are not redeemable outside nxt blockchain
nem tokens are going to stay on nxt ae forever, and they will be tradeable.
no reasonin to do this, apart from "oh wow, much trading, many tokens"
Oh wait, i know, fanbois cant think
You already trust utopian if you bought a stake in nem ,so why cant you trust him for issuing an asset on nxt ae?
May 20, 2014, 09:14:55 AM
but why? what is the reason behind it?
if this is issued in nxt ae, it is rather useless as a currency. it is an asset, untradeable outside on NXT ae
you missundrstand the point and how it works. If someone has 100nxt or .1 btc how do they buy some nem? They cant afford it. And by the time the coin launchese value will have risen. Meaning they cant buy as many. Come launch, you send you nem tokens to the issuer(utopian) and he sends you real nem to you nem client. It means thousands with tiny amounts of coins can buy into nem at great prices and be happy with there buy! Nem tokens will most likely not be used as currency. But once they are traded for nem, they will be. Its just a safer way to store your stake and buy more or sell if you so wish to do so. My post explains this so you must not have read the pros section at the top.if this is issued in nxt ae, it is rather useless as a currency. it is an asset, untradeable outside on NXT ae
What I don't get is how we would determine the price of one such token. Just whip up a number ?
Market determines price like in buyers + sellers voluntarily interact and discover the price.
May 20, 2014, 09:11:52 AM
When you tell someone how "great" something that has not launched yet is, you are making things up.
If you want anything to be measured, you really need to let it exist first.
also, value does not start where we want it to start arbitrarily.
starting value is 0.00000001 btc, not 0.1 btc because "i think so"
If you want anything to be measured, you really need to let it exist first.
also, value does not start where we want it to start arbitrarily.
starting value is 0.00000001 btc, not 0.1 btc because "i think so"
Well, I've seen bids between 0.15 and 0.55 for a NEM stake including forum account. Considering the latest round of stakeholders paid 0.075 to join in and won't likely sell at a loss with this one I think 0.1BTC/stake isn't an unrealistic minimum.
Close to 100 waiting list people sent 0.1 btc donation for a stake.
May 20, 2014, 09:07:54 AM
kodtycoon, i trust noone, let alone strangers online that pretend to care about "small stakeholders"
You asked for bullet points, i gave them to you and since you cant address them you are hiding behind others.
Why dont you man up and answer the bullet points you asked me to deliver?
nem tokens are not redeemable outside nxt blockchain
nem tokens are going to stay on nxt ae forever, and they will be tradeable.
no reasonin to do this, apart from "oh wow, much trading, many tokens"
Oh wait, i know, fanbois cant think
You asked for bullet points, i gave them to you and since you cant address them you are hiding behind others.
Why dont you man up and answer the bullet points you asked me to deliver?
nem tokens are not redeemable outside nxt blockchain
nem tokens are going to stay on nxt ae forever, and they will be tradeable.
no reasonin to do this, apart from "oh wow, much trading, many tokens"
Oh wait, i know, fanbois cant think
May 20, 2014, 08:56:58 AM
get a life child. cant think outside your groupthink, and need bullet points ? have a couple:
You cannot issue an asset and pretend it is a coin. it is not redeemable outside the nxt blockchain.
You cannot guarantee that the tokens that will be traded for nem will be destroyed after launch.
For all we know, the holder of nem tokens cannot take them of the nxt ae market, so EVEN AFTER the launch of nem, nem tokens will still be tradeable.
You do not have ANY REASON WHATSOEVER apart from "nem will be traded before launch", which is my first response.
Now, go on and issue this, and lets all have a laugh
You cannot issue an asset and pretend it is a coin. it is not redeemable outside the nxt blockchain.
You cannot guarantee that the tokens that will be traded for nem will be destroyed after launch.
For all we know, the holder of nem tokens cannot take them of the nxt ae market, so EVEN AFTER the launch of nem, nem tokens will still be tradeable.
You do not have ANY REASON WHATSOEVER apart from "nem will be traded before launch", which is my first response.
Now, go on and issue this, and lets all have a laugh
May 20, 2014, 08:49:06 AM
If anyone has any suggestions or questions please do not hesitate to ask.
If you dont like it you should suck it.
Your replies does the same for you, in the mean time, you explained nothing/.
I had questions, legit questions, you had insults. Typical 15yearold reaction.
I am verbal on my thoughts, you seem to see that i disagree.
What i am looking for is reasoning to show that this is a valid move. You provide nothing.
You are rushing to have this issued at an exchange as an asset, just for trading.
very kind and altruistic of you
inb4 groupthink
May 20, 2014, 08:47:11 AM
Facebook , 0ver 980 peeps and less then 10 likes per post , whats up with that 
please count again...Just saying a good way to get the word out , everyone has at least a 100 friend x 980
May 20, 2014, 08:45:46 AM
When you tell someone how "great" something that has not launched yet is, you are making things up.
If you want anything to be measured, you really need to let it exist first.
also, value does not start where we want it to start arbitrarily.
starting value is 0.00000001 btc, not 0.1 btc because "i think so"
If you want anything to be measured, you really need to let it exist first.
also, value does not start where we want it to start arbitrarily.
starting value is 0.00000001 btc, not 0.1 btc because "i think so"
Well, I've seen bids between 0.15 and 0.55 for a NEM stake including forum account. Considering the latest round of stakeholders paid 0.075 to join in and won't likely sell at a loss with this one I think 0.1BTC/stake isn't an unrealistic minimum.
May 20, 2014, 08:42:55 AM
I don't see any problem with listing pre-launch NEM tokens on a secondary exchange. It will allow latecomers to buy in with a discount (prices will obviously be higher after launch). This will make the already awesome NEM distribution even more awesome.
May 20, 2014, 08:38:07 AM
Facebook , 0ver 980 peeps and less then 10 likes per post , whats up with that
please count again... May 20, 2014, 08:34:15 AM
When you tell someone how "great" something that has not launched yet is, you are making things up.
If you want anything to be measured, you really need to let it exist first.
also, value does not start where we want it to start arbitrarily.
starting value is 0.00000001 btc, not 0.1 btc because "i think so"
If you want anything to be measured, you really need to let it exist first.
also, value does not start where we want it to start arbitrarily.
starting value is 0.00000001 btc, not 0.1 btc because "i think so"
May 20, 2014, 08:33:52 AM
Facebook , 0ver 980 peeps and less then 10 likes per post , whats up with that
May 20, 2014, 08:30:33 AM
wait a moment.
This was supposed to be a standalone coin, written from scratch, with own code and devs.
The fact that people want it, is not a reason for this to be issued on nxt ae, that would make it an asset,
tradeable ONLY inside the nxt blockchain.
It was meant to be written from scratch, innovative ideas, team of devs.
If you go ahead with something like that, its just a 1000 fee asset on the asset exchange, and the user is unable to use it outside of NXT.
IT definately is not like trading on "mintpal" as kodtycoon says, because assets from the nxt ae cannot be withdrawn, so nem "tokens" will be locked there/
Why on earth would one do that, if not for an artificial price pump?
At present, put some test items on AE is feasible. When the safety of AE is verified, then consider putting real assets. This was supposed to be a standalone coin, written from scratch, with own code and devs.
The fact that people want it, is not a reason for this to be issued on nxt ae, that would make it an asset,
tradeable ONLY inside the nxt blockchain.
It was meant to be written from scratch, innovative ideas, team of devs.
If you go ahead with something like that, its just a 1000 fee asset on the asset exchange, and the user is unable to use it outside of NXT.
IT definately is not like trading on "mintpal" as kodtycoon says, because assets from the nxt ae cannot be withdrawn, so nem "tokens" will be locked there/
Why on earth would one do that, if not for an artificial price pump?
May 20, 2014, 08:30:11 AM
Kodtycoon, what are you talking about/?
if they cant afford it, they should suck it.
you are talking about issuing nem tokens on an asset exchange, BEFORE the actuall coin is launced,
that could work for an IPO. the IPO took place already,
what is the reasoning, apart from the fact that the tokens can be traded?
This is an idea to artificially pump the price of it, very much like the "auctions", BEFORE the coin is launched.
Your post has NO cons section whatsoever, so yeah, there is not much criticism from your part there.
if they cant afford it, they should suck it.
you are talking about issuing nem tokens on an asset exchange, BEFORE the actuall coin is launced,
that could work for an IPO. the IPO took place already,
what is the reasoning, apart from the fact that the tokens can be traded?
This is an idea to artificially pump the price of it, very much like the "auctions", BEFORE the coin is launched.
Your post has NO cons section whatsoever, so yeah, there is not much criticism from your part there.
May 20, 2014, 08:28:46 AM
but why? what is the reason behind it?
if this is issued in nxt ae, it is rather useless as a currency. it is an asset, untradeable outside on NXT ae
you missundrstand the point and how it works. If someone has 100nxt or .1 btc how do they buy some nem? They cant afford it. And by the time the coin launchese value will have risen. Meaning they cant buy as many. Come launch, you send you nem tokens to the issuer(utopian) and he sends you real nem to you nem client. It means thousands with tiny amounts of coins can buy into nem at great prices and be happy with there buy! Nem tokens will most likely not be used as currency. But once they are traded for nem, they will be. Its just a safer way to store your stake and buy more or sell if you so wish to do so. My post explains this so you must not have read the pros section at the top.if this is issued in nxt ae, it is rather useless as a currency. it is an asset, untradeable outside on NXT ae
What I don't get is how we would determine the price of one such token. Just whip up a number ?
May 20, 2014, 08:23:22 AM
but why? what is the reason behind it?
if this is issued in nxt ae, it is rather useless as a currency. it is an asset, untradeable outside on NXT ae
if this is issued in nxt ae, it is rather useless as a currency. it is an asset, untradeable outside on NXT ae
No, after real launch of NEM, you redeem the tokens (send them to UP, so they disappear from AE) and then you will get REAL NEM for it.
What are you talking about? assets of nxt ae, are not exported.
and why should nem go ahead with this?
why receive a token, BEFORE the actual coin is released?
Its all clearly explained here: https://bitcointalksearch.org/topic/nem-nem-new-economy-movement-no-envy-movement-updatesdiscussion-thread-426303
May 20, 2014, 08:21:51 AM
but why? what is the reason behind it?
if this is issued in nxt ae, it is rather useless as a currency. it is an asset, untradeable outside on NXT ae
if this is issued in nxt ae, it is rather useless as a currency. it is an asset, untradeable outside on NXT ae
No, after real launch of NEM, you redeem the tokens (send them to UP, so they disappear from AE) and then you will get REAL NEM for it.
What are you talking about? assets of nxt ae, are not exported.
and why should nem go ahead with this?
why receive a token, BEFORE the actual coin is released?
May 20, 2014, 08:20:06 AM
but why? what is the reason behind it?
if this is issued in nxt ae, it is rather useless as a currency. it is an asset, untradeable outside on NXT ae
if this is issued in nxt ae, it is rather useless as a currency. it is an asset, untradeable outside on NXT ae
No, after real launch of NEM, you redeem the tokens (send them to UP, so they disappear from AE) and then you will get REAL NEM for it.
Its only on the AE to make pre-trading more easy and to keep it more safe.
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