When the auction start?
Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 142. (Read 661498 times)
May 04, 2014, 06:47:09 AM
May 04, 2014, 06:30:37 AM
Hi guys,
I have been reading the thread sporadically since the real world keeps me quite busy. But, some progress has done. Recapitulating:
1) final stakeholder list ready
2) first offer to participation to the waiting list
3) some updates on the development plan but not final contract yet
4) alpha version soon to release
5) mining is not an official option but it would be possible as part of the ecosystem
6) auction (?)
Is there any announcement/update missed? Thanks and long live NEM!
I have been reading the thread sporadically since the real world keeps me quite busy. But, some progress has done. Recapitulating:
1) final stakeholder list ready
2) first offer to participation to the waiting list
3) some updates on the development plan but not final contract yet
4) alpha version soon to release
5) mining is not an official option but it would be possible as part of the ecosystem
6) auction (?)
Is there any announcement/update missed? Thanks and long live NEM!
May 04, 2014, 06:04:58 AM
when will update the final list ?
pleae tell me??
pleae tell me??
May 04, 2014, 05:46:21 AM
i was thinking if a stand alone nem pool was built.. now this is a bit ballzy.. but build a pool just for nem.. but support other multipools.. not other coins.. so take for instance blackcoin..
the miner at home with his rig aims his rig at the blackcoin pool.. the blackcoin pool aims its "rig"(mining power from its miners) at the nem pool.. combine the hashing power of nem and blackcoin.. when paying out the pool sells the mined coins for btc.. sends to the blackcoin pool the proportional amount of btc in relation to the hash power provided.. with whats left over.. nempools share of btc.. nem is bought and sent to miners.. the black coin pool receives the btc, buys black coin and sends to its miners..
the miner at home with his rig aims his rig at the blackcoin pool.. the blackcoin pool aims its "rig"(mining power from its miners) at the nem pool.. combine the hashing power of nem and blackcoin.. when paying out the pool sells the mined coins for btc.. sends to the blackcoin pool the proportional amount of btc in relation to the hash power provided.. with whats left over.. nempools share of btc.. nem is bought and sent to miners.. the black coin pool receives the btc, buys black coin and sends to its miners..
I'm wondering, HOW would you get whole POOL pointed at your pool?
WHY would they want to do that?
Big pools (mind pools not multipools) have over 5k members, you'd need ENORMOUS user base to beat that.
(…) making us forever more profitable then any other coin regardless of what they do.
pow dies(ether their coin turns pos, the miners directly mining for that coin come join nempool and turn from supporting the networks of pow to killing it, or there is a slow steady drain of value from the big time pow coins forcing a flow of value from the big time pow coins into nem)
pow dies(ether their coin turns pos, the miners directly mining for that coin come join nempool and turn from supporting the networks of pow to killing it, or there is a slow steady drain of value from the big time pow coins forcing a flow of value from the big time pow coins into nem)
This is circular logic, if pow dies, you don't have ANY profit, if you don't have profit new POW coins emerges, you start mining them again and so on ad infinitum.
Therefore nem miners instead of fighting POW would actually sustain POWs indefinitelly.
Also, I'm not sure if you've noticed, but this whole idea with mining POW to buy POS coin, effectively changes POS coin into POW coin
(fortunately market would most likely react and POS value will go up, but isn't it "pump-and-dump" bell that I hear ringing in the background?)
Keep in mind, these are NOT reasons why I'm against, I have different ones.
" mining POW to buy POS coin, effectively changes POS coin into POW coin(fortunately market would most likely react and POS value will go up, but isn't it "pump-and-dump" bell that I hear ringing in the background?) "
THAT have also I doubted.
Though I haven't really understood the idea of NEM multipool, it has brought some "bad smell" : . NeM connected to PoW.
Maybe some could present the problem clearly and shortly and then the community can get a good vision about it.
May 04, 2014, 03:02:23 AM
Looking to buy waiting list spots. If you're on the waiting list and want to sell your stake along with your forum account I'll pay 0.2btc for it. Pm me if interested.
2 weeks ago you have posted this:
I'm selling my Nem stake for 4 bitcoins This stake, 1 if 3,000 stakes total will bring you ~1 million NEM coins when the coin goes live. Distribution will take place through forum stakeholder accounts through pms claims only.
Upon payment, you'll receive account login details for the bitcointalk account tied to the purchased stake.
Upon payment, you'll receive account login details for the bitcointalk account tied to the purchased stake.
You want to buy cheap stakes for sale?
Looks like somebody tried to sell a stake he didnt have or was just trolling.Stake for 0.2 btc, you wont find anybody that stupid.
May 04, 2014, 01:24:44 AM
i was thinking if a stand alone nem pool was built.. now this is a bit ballzy.. but build a pool just for nem.. but support other multipools.. not other coins.. so take for instance blackcoin..
the miner at home with his rig aims his rig at the blackcoin pool.. the blackcoin pool aims its "rig"(mining power from its miners) at the nem pool.. combine the hashing power of nem and blackcoin.. when paying out the pool sells the mined coins for btc.. sends to the blackcoin pool the proportional amount of btc in relation to the hash power provided.. with whats left over.. nempools share of btc.. nem is bought and sent to miners.. the black coin pool receives the btc, buys black coin and sends to its miners..
the miner at home with his rig aims his rig at the blackcoin pool.. the blackcoin pool aims its "rig"(mining power from its miners) at the nem pool.. combine the hashing power of nem and blackcoin.. when paying out the pool sells the mined coins for btc.. sends to the blackcoin pool the proportional amount of btc in relation to the hash power provided.. with whats left over.. nempools share of btc.. nem is bought and sent to miners.. the black coin pool receives the btc, buys black coin and sends to its miners..
I'm wondering, HOW would you get whole POOL pointed at your pool?
WHY would they want to do that?
Big pools (mind pools not multipools) have over 5k members, you'd need ENORMOUS user base to beat that.
(…) making us forever more profitable then any other coin regardless of what they do.
pow dies(ether their coin turns pos, the miners directly mining for that coin come join nempool and turn from supporting the networks of pow to killing it, or there is a slow steady drain of value from the big time pow coins forcing a flow of value from the big time pow coins into nem)
pow dies(ether their coin turns pos, the miners directly mining for that coin come join nempool and turn from supporting the networks of pow to killing it, or there is a slow steady drain of value from the big time pow coins forcing a flow of value from the big time pow coins into nem)
This is circular logic, if pow dies, you don't have ANY profit, if you don't have profit new POW coins emerges, you start mining them again and so on ad infinitum.
Therefore nem miners instead of fighting POW would actually sustain POWs indefinitelly.
Also, I'm not sure if you've noticed, but this whole idea with mining POW to buy POS coin, effectively changes POS coin into POW coin
(fortunately market would most likely react and POS value will go up, but isn't it "pump-and-dump" bell that I hear ringing in the background?)
Keep in mind, these are NOT reasons why I'm against, I have different ones.
May 04, 2014, 01:05:08 AM
Looking to buy waiting list spots. If you're on the waiting list and want to sell your stake along with your forum account I'll pay 0.2btc for it. Pm me if interested.
2 weeks ago you have posted this:
I'm selling my Nem stake for 4 bitcoins This stake, 1 if 3,000 stakes total will bring you ~1 million NEM coins when the coin goes live. Distribution will take place through forum stakeholder accounts through pms claims only.
Upon payment, you'll receive account login details for the bitcointalk account tied to the purchased stake.
Upon payment, you'll receive account login details for the bitcointalk account tied to the purchased stake.
You want to buy cheap stakes for sale?
May 04, 2014, 12:05:38 AM
I think alpha should be two weeks away.
May 03, 2014, 11:48:51 PM
May 03, 2014, 10:01:43 PM
Looking to buy waiting list spots. If you're on the waiting list and want to sell your stake along with your forum account I'll pay 0.2btc for it. Pm me if interested.
May 03, 2014, 08:28:27 PM
If NEM includes an exchange (which I think it does) will this only be crypto, or will fiat be an option too? Also, will NEM be tradeable on the NXT asset exchange? I know NXT is planning on having doge and bitcoin - will they be able to add NEM too?
thanks
thanks
May 03, 2014, 08:23:45 PM
The ones who are at the waiting list with priority 1, and don't want to invest, can give the chance to me?
May 03, 2014, 03:40:21 PM
when will update the final list ?
At some point between now and the inevitable heat death of the universe. Hope this helps.
In all seriousness, the list will be finalised after the remaining 260 stakes have been allocated; after the 120 stakes up for auction have been allocated, and after the 120 stakes allocated to folks on the waiting list have been allocated. Considering the auction won't happen until the alpha release at least, I'd say 2 weeks minimum until the final 'official' stakeholder list is released.
For more information on stake allocation, see this post by Utopianfuture (quoted by Xtester). For more general information about NEM, see the F.A.Q.s thread on the forum here.
May 03, 2014, 03:36:31 PM
my intuition tells me the alpha isnt far away ...
May 03, 2014, 01:32:44 PM
when will update the final list ?
May 03, 2014, 01:28:01 PM
I agree here. We are trying to move away from the massive data closets of wasted energy, promoting a multipool that waste energy to get nem is something I am not supportive of.
We had the same thing at mintcoin: we are promoting sustainable development, how could this be compatible with multipool?Congratulation to refuse this!
Sooooo, I can explain this but not in one short post. I will qoute Martin Luther King Jr. who was well versed in learning how to fight a system that he disagreed with. In the Letter from Birmingham Jail, he goes on to explain why this needs to be done. This letter was widely read and very influential in him winning the Nobel Peace Prize. Basically, if there is a system that we don't like, we need to do something about it. Mining is wasteful and unproductive. We could go and burn down the mining factories but that isn't exactly cool. To actually join the miners and mine POS creating conflict in their system and then also try to convince other POW miners to turn and mine POS is the most non-violent way of bringing an end to the system. Maybe sometime I will explain this in more detail, but I am very busy this week. But basically left to their own accords without being challenged, the miners will keep on mining just as the racist whites left to their own accord would have kept on enslaving and abusing blacks.
...
I don't think everyone mining POS coins will bring down the mining industry. Most of the miners don't give a flying fart about the coin they are mining. They aren't in to support the network but to dump the coins afterwards for a profit. If they get NEM instead of btc, ltc, ftc or whatnot they will just dump NEM afterwards.
I don't see how on earth that would create "conflict in their system". Can you elaborate on that ?
May 03, 2014, 12:42:07 PM
I agree here. We are trying to move away from the massive data closets of wasted energy, promoting a multipool that waste energy to get nem is something I am not supportive of.
We had the same thing at mintcoin: we are promoting sustainable development, how could this be compatible with multipool?Congratulation to refuse this!
Sooooo, I can explain this but not in one short post. I will qoute Martin Luther King Jr. who was well versed in learning how to fight a system that he disagreed with. In the Letter from Birmingham Jail, he goes on to explain why this needs to be done. This letter was widely read and very influential in him winning the Nobel Peace Prize. Basically, if there is a system that we don't like, we need to do something about it. Mining is wasteful and unproductive. We could go and burn down the mining factories but that isn't exactly cool. To actually join the miners and mine POS creating conflict in their system and then also try to convince other POW miners to turn and mine POS is the most non-violent way of bringing an end to the system. Maybe sometime I will explain this in more detail, but I am very busy this week. But basically left to their own accords without being challenged, the miners will keep on mining just as the racist whites left to their own accord would have kept on enslaving and abusing blacks.
MLKJ said..... "You may well ask: "Why direct action? Why sit-ins, marches and so forth? Isn't negotiation a better path?" You are quite right in calling, for negotiation. Indeed, this is the very purpose of direct action. Nonviolent direct action seeks to create such a crisis and foster such a tension that a community which has constantly refused to negotiate is forced to confront the issue. It seeks to so dramatize the issue that it can no longer be ignored. My citing the creation of tension as part of the work of the nonviolent-resister may sound rather shocking. But I must confess that I am not afraid of the word "tension." I have earnestly opposed violent tension, but there is a type of constructive, nonviolent tension which is necessary for growth. Just as Socrates felt that it was necessary to create a tension in the mind so that individuals could rise from the bondage of myths and half-truths to the unfettered realm of creative analysis and objective appraisal, we must we see the need for nonviolent gadflies to create the kind of tension in society that will help men rise from the dark depths of prejudice and racism to the majestic heights of understanding and brotherhood."
http://en.wikipedia.org/wiki/Letter_from_Birmingham_Jail
If I can make a little money selling NEM after if starts, I will be willing to buy a miner and join a pool with anybody else that is willing too. It does not have to be an official pool.
I tend to agree with SomethingElse. The Multipool will be an advantage to Nem, at least at the beginning, it will allow us to convert miners to PoI while also helping to cleanup the crypto space. If we somehow observe that the advantage changes into a disadvantage, the multipool could be shutdown.
+1
Many other coin is doing multipool also so it is not probaply a big minus for the image of NEM and it could be closed if it turns out to be a bad thing.
Martin Luther King Jr ... multipool & NEM...
Hmmm... Where is a very good presentation about that kind of multipool?
May 03, 2014, 11:22:48 AM
I hope you guys are ready for the release of this coin. Im soooooooooooooooo excited.
spread the word guys. I believe. I am NEM.
spread the word guys. I believe. I am NEM.
May 03, 2014, 10:45:44 AM
Whoever is in charge of the Twitter account, please stop. It is bordering on SPAM and the only reason I say "bordering" is that I am a NEM holder. A continuous stream of posts that say almost nothing and direct people back to this thread 10 times a day is not going to convince anyone about NEM. If anything it's going to do the exact opposite.
If you have something new to say besides it's not just a currency or "it's more than a currency", then go ahead. Otherwise just stop. Likewise, if you have something to say that explains why "it's more than a currency", then do that too. But don't just keep making pronouncements that send me back to this page again and again and again.
Look, I'm sure you are trying your best, and I like your enthusiasm, but if you are trying to get people interested in NEM, then I think that you have to rethink your strategy. No one wants SPAM on their Twitter feed.
If you have something new to say besides it's not just a currency or "it's more than a currency", then go ahead. Otherwise just stop. Likewise, if you have something to say that explains why "it's more than a currency", then do that too. But don't just keep making pronouncements that send me back to this page again and again and again.
Look, I'm sure you are trying your best, and I like your enthusiasm, but if you are trying to get people interested in NEM, then I think that you have to rethink your strategy. No one wants SPAM on their Twitter feed.
May 03, 2014, 08:48:23 AM
Any update about the auction? Has it started yet?
not yet, probably won't start until the open Alpha since we want to avoid scam accusation.
good idea! any plans on how the auction will be run? will you hold off on auctioning a couple stakes until just prior to nem launch? i think thats when you will get a huge amount of interest and much higher price!
edit
still looking for pledges towards the multipool!
i have a very strong plan but need pledges and a dev still.. it needs to be stand alone nem pool now in order to implement the full plan!
only 440k pledged so far 300k from 3 generous people so i think we can do much much better seeing as we have 3k stake holders!
We had discussion within NEM core dev, and nem core dev* is almost unanimously against multipool.
but as utopianfuture noted, there is possibility, for getting funds from ecosystem and/or promotional funds.
I agree here. We are trying to move away from the massive data closets of wasted energy, promoting a multipool that waste energy to get nem is something I am not supportive of.
Better that we just allow folks to obtain NEM in a free market. I would support an exchange more then a multipool. But we are all free to support what we believe in. I wish you luck.
This community needs guys like you.....nobody is stopping you with your ideas, some have differing views but others agree with you, you don't have to give up......on this particular matter
Yep. That's true. If you're passionate about that idea then make it a reality. I'm probably one of the people that were most against that idea in particular but this is a community so as long as you're not actively hurting NEM go for it. (imho)
That is not to say everyone should go around and do whatever they feel like and put NEM on it. Come up with ideas, discuss them with the community and if you find enough support go ahead with it !
If you however do something that is completely idiotic without ever getting feedback from anyone and this thing turns out to bite NEM - RUN! RUN FAST! RUN FAR!
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