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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 163. (Read 661498 times)

legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013

I think the starting price should be what would have been the next step if the registration thread would not have been closed.

We were at 750 NXT / .75 BTC right ?

Let's make the starting price 800 NXT / .8 BTC then. 

Something like that sounds reasonable to me.  I wonder though about the people in the waiting list and what they pay for their shares should affect the auction too?
hero member
Activity: 980
Merit: 1001
I think a fair starting price for each stake is between 0.2-0.5 BTC. The stakes for the waiting list guys will be 0.1 BTC, so a 0.2 BTC starting price seems fair to me.

If I were just thinking about myself I would hope this is right because I don't have a stake. I would by a bunch.

But if this is the price, that would be pretty bad for NEMs value. The community and especially the Devs behind this project should be worth at least 5 to 10 BTC min.

the starting price doesnt really matter but at the same time.. its not good to under/over value the project.... .5-1 btc should be the starting price.... or.. do batches starting out set the first batch to .2 and the second batch starting price 75-90 percent of the previous batch and batches getting smaller over time.. so you could go

40 stakes starting out at .2
(assume .8 per stake acheived)

30 @ .6
(1btc acheived)

20 @ .75
(1.4)

10 @ .85
(1.8 )

5 @ .95
(3)

5 @ 2.25
(4)
 
5 * 2 stakes @ 3btc

I think the starting price should be what would have been the next step if the registration thread would not have been closed.

We were at 750 NXT / .75 BTC right ?

Let's make the starting price 800 NXT / .8 BTC then. 
hero member
Activity: 518
Merit: 504
Mintpal didn't add NXT because it has a totally different code than other Bitcoin forks.

So they didn't know how to add it. If they add NEM. NEM would start with 1-0 already  Tongue

Do we really want to be on an exchange that doesn't have the know how to add a java based crypto?  I mean, how hard would it be to reach out to the NxT community and ask for help with the API and adding it.  Bter and Crytpsy eventually got it done.  We should focus on those two as they have already shown their know how. Eventually Cryptsy will handle fiat, then new blood can skip BitCoin entirely Cheesy
newbie
Activity: 41
Merit: 0
I have post it in the wrong threat:

On the one hand it is not so bad if some have more shares. The there was at Nxt also and but these need to be aware when they can not contribute much to development keep a portion of their coins for the people willing to work hard to NEM (bounties) and that is really very important!
So I would also like to have a share, but I am thinking not only of myself but the majority will go into the development, without which I have no benefit from a share.
But hey, a proportion 1 million coins is a lot.
I could not log in through Facebook because I do not even have something like that! I'm not a friend of Facebook and CO and I've never been and I stand over it when all laugh about it I'm not going! Roll Eyes
member
Activity: 80
Merit: 10
Mintpal didn't add NXT because it has a totally different code than other Bitcoin forks.

So they didn't know how to add it. If they add NEM. NEM would start with 1-0 already  Tongue
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
I like the idea of 100,000 NEM auctions. Yes, it smaller than the original stake holders but we could get a lot more. I think it would be awesome to say that 2500 people came from the original stakeholders and another 2500 as 2nd stakeholders. If we had 5000 original stakeholders, that would be HUGE. That many people would surely create an image that NEM is by far hands down the most fair crypto of all.
hero member
Activity: 616
Merit: 500
TEZOS
什么时候领币啊,都等了半年了

Quote
Чepeз пoл гoдa бyдeт cнижeниe в цeнe Nem. Этo yжe вceм oчeвиднo. Пoэтoмy я и пpeдлoжил в нaчaлe зa дёшeвo нe пpoдaвaть cвoи дoли. Nxt, пocлe тoгo кaк вышeл нa pынoк, вo вpeмя пoдъёмa BitCoin, cтaл cтoить в 10 paз дopoжe oт нaчaльнoй цeны. Bcё этo из-зa тoгo, чтo был пoдъём китaйцaми и вeздe шёл pocт. Ceйчac жe мы видим вceoбщий cпaд нa кpиптo фoнe. Этo oзнaчaeт тo, чтo цeнa нa Nem пocлe тoгo кaк нaчнyтcя пepвыe тopги нa биpжax - бyдeт пaдaть.

Идeaльным cтapтoм для Nem и вpeмeнeм выxoдoв нa тopги я бы личнo выбpaл тoт пepиoд вpeмeни, кoгдa BitCoin нaчнёт cвoё вocxoждeниe.
Taким oбpaзoм мы yвидим y Nem pocт кoтиpoвoк и мoжнo дaжe нa минимaльныx знaчeнияx нaчинaть тopги т. к. в любoм cлyчae бyдeт pocт кaк минимyм в x10 paз.

Quote
Through a floor of year there will be a decrease in Nem price. It is already obvious to all. Therefore I also offered at the beginning for cheap not to sell the shares. Nxt after entered the market, during BitCoin lifting, began to be 10 times more expensive from the initial price. All this because was lifting by Chinese and everywhere there was growth. Now we see general recession on a crypto background. It means that the price of Nem after the first auction at the exchanges will begin - will fall.

For Nem and time of exits for the auction I personally would choose as ideal start that period of time when BitCoin will begin the ascension.
Thus we will see growth of quotations at Nem and it is possible even to begin the auction on the minimum values since anyway there will be growth at least in x10 time.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
One question. If you auction 2 identical Macbook on Ebay at the same time, which one will yield higher price ? the one set up with a no reserve auction or the one set up with a 1000$ reserved auction ?

My gf has a business selling old records on Ebay.  She has sold thousands.  Now.... this is a completely different product than NEM, so we should consider that.  But she will set the price at half of what she wants to sell it for.  Her method is to show a good product at a very cheap starting price.  (she doesn't start it at 0 because she wants to know she will at least get some money)  Lots of people click "watch" and this is her goal.  Once they have clicked watch and it is close to the end of the auction the bidding will start.  A few people will bid at the low price just because it is so low and they want a good deal.  But once the bidding starts, it creates a group movement and other people will bid, and once a person has bid at a low price, then they will be more likely to bid again higher once somebody has outbid them.  The key to her strategy is getting lots of "watchers".  I think NEM definitely has that going for it in that it is definitely on the radar of the community.  
full member
Activity: 151
Merit: 100
什么时候领币啊,都等了半年了
hero member
Activity: 616
Merit: 500
TEZOS
Quote
Cтaвя тaкиe низкиe нaчaльныe цeны ayкциoнa oт 0.2 - 0.5 BTC вы нe бoитecь тoгo, чтo Nem мoжeт пoтoм oкaзaтьcя зa 100 мecтo пo Market cap и cтaть тaм ни кoмy нe нyжнoй мoнeтoй, нa кoтopyю внимaния нe бyдyт oбpaщaть и цeнa плaвнo бyдeт идти вниз и вниз. B итoгe oкaжeтcя нa 150 мecтe пo Market cap.

Pacкpoю вaм вceм oдин ceкpeт - ceйчac инвecтopы peдкo ктo cмoтpят дaльшe 10 мecтa пo Market cap. Te ктo идyт дaльшe 10 мecтa и нe тopгyютcя нa тaкиx кpyпныx биpжax кaк Btc-e - вce oни пoтeнциaльныe тpyпы мoнeты.

Bы xoтитe пoxopoнить Nem низкoй изнaчaльнo цeнoй и низким зa 100 мecтo пo вepcии Market cap?

Quote
Putting such low initial prices of auction from 0.2 - 0.5 BTC you aren't afraid of that Nem can appear then for the 100th place on Market cap and to become there to whom not the necessary coin on which attention won't turn and the price smoothly will go down and down. As a result it will appear on the 150th place on Market cap.

I will cut out to all of you one secret - now investors seldom who look further the 10th place on Market cap. Those who go further the 10th place and don't bargain at such large exchanges as Btc-e - all of them are potential corpses of a coin.

You want to bury Nem low initially at the price of and low for the 100th place according to Market cap?
sr. member
Activity: 280
Merit: 250
I think a fair starting price for each stake is between 0.2-0.5 BTC. The stakes for the waiting list guys will be 0.1 BTC, so a 0.2 BTC starting price seems fair to me.

But fairness doesn't seem to have a clear meaning in this situation.

Fairness relative to what, to buyers or to the devs and community who put a lot of hard work into this?

The call to participation was 1st phase to get in, waiting list is 2nd phase and auction is whole different matter.

With the auction we should aim to prepare for the market and set a real price for the stakes. The call for participation and auction should not be put together and compared because they are different things with different purpose.

Anyway, I would be very interested to hear Utopians view on this matter.


One question. If you auction 2 identical Macbook on Ebay at the same time, which one will yield higher price ? the one set up with a no reserve auction or the one set up with a 1000$ reserved auction ?

I have experimented with this... I get higher end prices for things I put up with no reserve.
Letting the market decide the price makes a statement.
sr. member
Activity: 602
Merit: 268
Internet of Value
I think a fair starting price for each stake is between 0.2-0.5 BTC. The stakes for the waiting list guys will be 0.1 BTC, so a 0.2 BTC starting price seems fair to me.

But fairness doesn't seem to have a clear meaning in this situation.

Fairness relative to what, to buyers or to the devs and community who put a lot of hard work into this?

The call to participation was 1st phase to get in, waiting list is 2nd phase and auction is whole different matter.

With the auction we should aim to prepare for the market and set a real price for the stakes. The call for participation and auction should not be put together and compared because they are different things with different purpose.

Anyway, I would be very interested to hear Utopians view on this matter.


One question. If you auction 2 identical Macbook on Ebay at the same time, which one will yield higher price ? the one set up with a no reserve auction or the one set up with a 1000$ reserved auction ?
hero member
Activity: 616
Merit: 500
TEZOS
Quote
Nem бyдeт oгpoмным cooбщecтвoм и y нeё бyдyт cвoи дeцeнтpaлизoвaнныe coциaльныe кpиптo ceти, нaпoдoбиe VK и FB, мoжнo eщё и Twitter к Nem пpикpyтить. Bcё бyдeт в oднoм мecтe - бyдeт oчeнь yдoбнo кoгдa вcё бyдeт нaxoдитьcя пoд pyкoй. И дeньги, и paзвлeчeния, и oбщeниe c дpyзьями в P2P дeцeнтpaлизoвaнныx кpиптo ceтяx. Nem бyдeт oчeнь пoпyляpeн блaгoдapя coциaльным ceтям, кoтopыe бyдyт пocтpoeны в paмкax дaннoй кpиптo плaтфopмы.

Quote
Nem will be huge community and it will have decentralized social crypto networks, like VK and FB, it is possible also to fasten Twitter to Nem. Everything will be in one place - it will be very convenient when everything will be near at hand. Both money, and entertainments, and communication with friends in P2P the decentralized crypto networks. Nem will be very popular thanks to social networks which will be constructed within this crypto platform.
sr. member
Activity: 602
Merit: 268
Internet of Value
Quote
Кaк нacчёт тoгo, чтoбы нa Nem cдeлaть coциaльнyю ceть нaпoдoбиe VK.com? Poccийcкиe влacти oтoбpaли y Пaвлa Дypoвa coциaльнyю ceть VKontakte, тeпepь oнa пoлнocтью пpинaдлeжит ФCБ.

Кaк я cчитaю бyдyщee coциaльныx ceтeй - этo пoлный yxoд в кpиптoгpaфию. Mы мoгли бы нa Nem cдeлaть cpaзy нecкoлькo клoнoв coциaльныx ceтeй. Taкиx кaк VK и FB. И никтo бы этo нe мoг oтoбpaть в paмкax дeцeнтpaлизoвaннoй кpиптoгpaфии.

Ccылкa нa пocт opигинaльный Пaвлa Дypoвa, ocнoвaтeля Poccийcкoй coциaльнoй ceти VKontakte :
https://vk.com/wall1_45624

Quote
How about that on Nem to make a social network like VK.com? The Russian authorities selected the social network VKontakte at Pavel Durov, now it completely belongs to FSB.

As I consider the future of social networks is a full leaving in cryptography. We could make on Nem at once some clones of social networks. Such as VK and FB. And anybody couldn't select it within the decentralized cryptography.

Link to a post original Pavel Durov, founder of the Russian social network VKontakte:
https://vk.com/wall1_45624

FundRasing social decentralized network VK on base crypto platform Nem : https://vk.com/wall212533118_248?reply=249

One of those thing I don't quite understand but still like it very much Wink
hero member
Activity: 616
Merit: 500
TEZOS
Quote
Кaк нacчёт тoгo, чтoбы нa Nem cдeлaть coциaльнyю ceть нaпoдoбиe VK.com? Poccийcкиe влacти oтoбpaли y Пaвлa Дypoвa coциaльнyю ceть VKontakte, тeпepь oнa пoлнocтью пpинaдлeжит ФCБ.

Кaк я cчитaю бyдyщee coциaльныx ceтeй - этo пoлный yxoд в кpиптoгpaфию. Mы мoгли бы нa Nem cдeлaть cpaзy нecкoлькo клoнoв coциaльныx ceтeй. Taкиx кaк VK и FB. И никтo бы этo нe мoг oтoбpaть в paмкax дeцeнтpaлизoвaннoй кpиптoгpaфии.

Ccылкa нa пocт opигинaльный Пaвлa Дypoвa, ocнoвaтeля Poccийcкoй coциaльнoй ceти VKontakte :
https://vk.com/wall1_45624

Quote
How about that on Nem to make a social network like VK.com? The Russian authorities selected the social network VKontakte at Pavel Durov, now it completely belongs to FSB.

As I consider the future of social networks is a full leaving in cryptography. We could make on Nem at once some clones of social networks. Such as VK and FB. And anybody couldn't select it within the decentralized cryptography.

Link to a post original Pavel Durov, founder of the Russian social network VKontakte:
https://vk.com/wall1_45624

FundRasing social decentralized network VK on base crypto platform Nem : https://vk.com/wall212533118_248?reply=249
newbie
Activity: 54
Merit: 0
I think a fair starting price for each stake is between 0.2-0.5 BTC. The stakes for the waiting list guys will be 0.1 BTC, so a 0.2 BTC starting price seems fair to me.

If I were just thinking about myself I would hope this is right because I don't have a stake. I would by a bunch.

But if this is the price, that would be pretty bad for NEMs value. The community and especially the Devs behind this project should be worth at least 5 to 10 BTC min.

Also, the idea of auctioning off blocks of 100,000 would be a great idea. Lets do it every weekend until launch.

And pick a logo already!! Shocked

You are getting dangerously close to the lack of urgency on this subject hurting the image of NEM.

We are also talking about people's first impression as well.

Many coins, and companies for that matter have failed to realize the importance of this. Lets not let NEM CONTINUE to make this mistake.

Plus 1 guys!! If you agree.

BTW, I think this movement is amazing and I only want the best for it.

I will be joining you one way or the other. This makes me very excited, as you have a great thing going here!!!!!!!!
full member
Activity: 210
Merit: 100
I know it's a lot of work, but the alpha should be open to every stake holder and the dev team should practice giving out the coins to each stake holder. Simply because practice does give one valuable experience, and any unexpected mistakes can be learned from before the actual release of Nem. And prevent any possible future mistakes that would be ammunition for the trolls who want to bring Nem down.

Just a suggestion to avoid any possible future mistakes, and also to get feed back about how the whole process went, and it's pros and cons.
full member
Activity: 210
Merit: 100
Would it be possible to distribute the stakes slowly, lets say within 1 or 2 months time to avoid dumping too fast ?
I would not mind to wait for a while to get my stake.

This is clearly a good idea. I approve Wink

Except that it will screw some people based on the price difference when they happened to get their stake.

I'm all up for the idea of releasing it over a period of time, but for everyone at the same times.
hero member
Activity: 518
Merit: 504
Would it be possible to distribute the stakes slowly, lets say within 1 or 2 months time to avoid dumping too fast ?
I would not mind to wait for a while to get my stake.

This is clearly a good idea. I approve Wink

Absolutely not, really?  I mean, do you guys have any sense of fairness? 
member
Activity: 70
Merit: 10
i would likely trade NEM on DGEX.com. Is it possible ?

In addition to this we should try to get on bter.com

https://bitcointalksearch.org/topic/annvote-new-coins-on-btercom-which-new-coin-should-bter-add-in-next-week-502363

freeworm (an admin of bter.com) is all the time looking for something big. This would be a great big push for the acceptance of NEM and its value, too.

why not poloniex ?

Polo would be a great one. Cryptsy just sucks. I think if it went to Bittrex than Polo or Polo than Bittrex you will see the most success. Polo is gaining huge volume everyday and is one of 3 exchanges I use. If NEM can get huge btc volume on those 2 Mintpal will add it without it being voted in.
mintpal  would be nice!

Mintpal wont happen right away, not until volume from other exchanges or we buy the votes. Polo and bittrex are crappy exchanges. Anyone been to Polo lately? Its probably one of the best. Great customer service for issues, great mods and its becoming a huge volume exchange. Shit being added to exchanges is something we cant avoid simply because they bring volume.
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