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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 17. (Read 661498 times)

hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
NEM already goes up a lot when UtopianFuture delays issuing tokens by a day or two and then down when the tokens are issued.  If UF completely stopped issuing tokens, we'ld hit 30K NxT stake within days.

When the weak hands are finally gone NEM is only going to go up.  It's easier to get rid of 300 weak hands with small stakes than to get rid of a few dumping whales (as per most alts) who own 60%+ of a coin.

The weak hands are currently dumping their stakes.  By the time NEM launches it'll be traders and holders (as oppose to dumpers as per most new alts)

Agree. After the alpha launch, even the sceptics cannot complain about NEM anymore.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.

Indeed it would be important to plant a NEM seed in at least two Universities: MIT and Standford. However we should not only give NEM for free, but go one step further and organize some creative events to attract the great minds/entrepreneurs/developers/hackers. One such event would be a hackathon for building the best app upon our blockchain, another could be an event where people should come up with the most innovative business ideas to incorporate NEM. A lot more can be done - you name it. If we manage to plant some NEM clubs in these Universities I think we could also kindle an interesting and intelligent discussion regarding our technological innovation, regarding our economic innovation(equality experiment) and regarding our social innovation(the NEM movement).


+1000!
Great idea you've got there. Wouldn't be too hard to implement,(hardest part I guess would be getting a college's approval?) maybe we could even let the community vote for the best app through NEM client!



How about not just focusing on the US, but doing this for, say, the first 50 or 100 students to apply at major universities around the world, like MIT, Stanford, CMU, CalTech, Peking University (北京大学), Tokyo University (東京大学), UCL, Oxford, etc.? Just verify that their e-mail address if from there, and give them like 10,000 NEM each.

Good points. Though I think we shouldn't give 10000 directly, bur rather create a secret plan how each student Nemster should try and plant a NEM nest in his university and "conquer" it for us and as he makes progress he can gradually unlock more NEM. We put a "bounty" for each level up and create a gamification framework for NEM students. Each NEM we give will be more effective like that.
hero member
Activity: 756
Merit: 506
NEM already goes up a lot when UtopianFuture delays issuing tokens by a day or two and then down when the tokens are issued.  If UF completely stopped issuing tokens, we'ld hit 30K NxT stake within days.

When the weak hands are finally gone NEM is only going to go up.  It's easier to get rid of 300 weak hands with small stakes than to get rid of a few dumping whales (as per most alts) who own 60%+ of a coin.

The weak hands are currently dumping their stakes.  By the time NEM launches it'll be traders and holders (as oppose to dumpers as per most new alts)
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
i'm undecided,
is it better to buy a stake now ,
Or will there be a massive dump after it hits the exchange

i want in, i just don;t want to pay 20 x more  Huh

Hard to tell, but I think the valuation will be 10x what it is now when launch comes, so even if you buy now I don't think you will lose anything in the long term.

You think it will launch at 50 million dollars?
i can't recall one coin which has ever launched at that market cap,



Maybe not on launch day, but certainly within a few weeks of launch.
hero member
Activity: 767
Merit: 500
Never back down !!!
i'm undecided,
is it better to buy a stake now ,
Or will there be a massive dump after it hits the exchange

i want in, i just don;t want to pay 20 x more  Huh

Hard to tell, but I think the valuation will be 10x what it is now when launch comes, so even if you buy now I don't think you will lose anything in the long term.

You think it will launch at 50 million dollars?
i can't recall one coin which has ever launched at that market cap,



I think between 20 and 40 million is realistic.
legendary
Activity: 910
Merit: 1000
i'm undecided,
is it better to buy a stake now ,
Or will there be a massive dump after it hits the exchange

i want in, i just don;t want to pay 20 x more  Huh

Hard to tell, but I think the valuation will be 10x what it is now when launch comes, so even if you buy now I don't think you will lose anything in the long term.

You think it will launch at 50 million dollars?
i can't recall one coin which has ever launched at that market cap,

legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
i'm undecided,
is it better to buy a stake now ,
Or will there be a massive dump after it hits the exchange

i want in, i just don;t want to pay 20 x more  Huh

Hard to tell, but I think the valuation will be 10x what it is now when launch comes, so even if you buy now I don't think you will lose anything in the long term.
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.

2) long term/high impact marketing(this is what ethereum is doing):


Besides that, one of the most important things we could do for NEM in the long term is find one or more persons which should be "the faces" of NEM at conferences, interviews, and do what Vitalik Butering does for Etherium, capturing the imagination of technical people and intelligentsia by kindling intelligent discussions and intellectual experiments regarding how NEM works, what we can and could do with it, what problems of previous coins we solve, etc. This is the highest point we need to target, which if we do correctly, will overflow and bring news about NEM into all other sub-layers of society.



I guess it has to come from the core team. One needs to be technically savvy too as often this person will need to defend the design as a good crypto worthy of use AND cause.

What would you say makoto1337?  Grin

I would say that UP would be a great public face for NEM in a similar way to Satoshi Nakamoto being the public face of BTC.

Although he (or they) contributed a lot to the community, it was said that he also stashed away a big part of the BTC. So, is UP going to do the same?  Smiley


UP is not going to take a huge stake like Satoshi did (though I wouldn't stop him if he wanted to Wink ). See the distribution plan in the investor handout: https://bitcointalksearch.org/topic/nem-investors-handout-and-updatesnem-closed-alpha-has-begun-640772
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.

Indeed it would be important to plant a NEM seed in at least two Universities: MIT and Standford. However we should not only give NEM for free, but go one step further and organize some creative events to attract the great minds/entrepreneurs/developers/hackers. One such event would be a hackathon for building the best app upon our blockchain, another could be an event where people should come up with the most innovative business ideas to incorporate NEM. A lot more can be done - you name it. If we manage to plant some NEM clubs in these Universities I think we could also kindle an interesting and intelligent discussion regarding our technological innovation, regarding our economic innovation(equality experiment) and regarding our social innovation(the NEM movement).


+1000!
Great idea you've got there. Wouldn't be too hard to implement,(hardest part I guess would be getting a college's approval?) maybe we could even let the community vote for the best app through NEM client!



How about not just focusing on the US, but doing this for, say, the first 50 or 100 students to apply at major universities around the world, like MIT, Stanford, CMU, CalTech, Peking University (北京大学), Tokyo University (東京大学), UCL, Oxford, etc.? Just verify that their e-mail address if from there, and give them like 10,000 NEM each.
hero member
Activity: 980
Merit: 1001
QORA could be a good coin I see NXT pattern repeating there with similar issues at early stage.
If Qora leave the scene tomorrow, Qora die off in a month.

Qora is not leaving the scene fyi
That wasn't his point.

Is quora Open source yet ? Is there any information on exactly what it is that is new in their algo ?
No hate - just a question.
hero member
Activity: 739
Merit: 500
QORA could be a good coin I see NXT pattern repeating there with similar issues at early stage.
If Qora leave the scene tomorrow, Qora die off in a month.

Qora is not leaving the scene fyi
That wasn't his point.
hero member
Activity: 585
Merit: 500
QORA could be a good coin I see NXT pattern repeating there with similar issues at early stage.
If Qora leave the scene tomorrow, Qora die off in a month.

Qora is not leaving the scene fyi
hero member
Activity: 644
Merit: 500
Looks like Nxt got a huge coverage at PayExpo for next two days

https://twitter.com/nextcoiner

TV cameras, all new audience who probably don't know much crypto, and  contacts with important people

This was expensive trip but probably worth the money as there is no other crypto, not even bitcoin, at payexpo.


Pictures are interesting https://twitter.com/nextcoiner/media

newbie
Activity: 15
Merit: 0
Looks like Nxt got a huge coverage at PayExpo for next two days

https://twitter.com/nextcoiner

TV cameras, all new audience who probably don't know much crypto, and  contacts with important people

This was expensive trip but probably worth the money as there is no other crypto, not even bitcoin, at payexpo.
full member
Activity: 161
Merit: 100
500!



LOL, forward 5000 pages!
a grate community!
Great community!

10000 posts   Grin Cheesy Grin

[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread « 1 2 ... 500 501 »    utopianfuture    10000    230260    Last post Today at 10:44:04 AM
by mlwlxz
legendary
Activity: 1946
Merit: 1007
legendary
Activity: 1059
Merit: 1016
i'm undecided,
is it better to buy a stake now ,
Or will there be a massive dump after it hits the exchange

i want in, i just don;t want to pay 20 x more  Huh

Only time will tell but I expect the initial price - so the price they're dumping from - to be higher. So there is no guarantee the the initial dumping will make the price drop to the levels it's at right now.

Like I said, only time will tell. If it was easy to predict such things, everyone would be a broker Smiley

Btw. there's also going to be an auction before the launch so maybe you can get a better price there.
I promise our auction will not end at xx:55 which confuses half the people Smiley

Just remember that if you buy a stake now, you won't get you NEMS on the day of listing but 2 weeks later. So there is no dumping from potentially 1 billion units of holders.
hero member
Activity: 980
Merit: 1001
i'm undecided,
is it better to buy a stake now ,
Or will there be a massive dump after it hits the exchange

i want in, i just don;t want to pay 20 x more  Huh

Only time will tell but I expect the initial price - so the price they're dumping from - to be higher. So there is no guarantee the the initial dumping will make the price drop to the levels it's at right now.

Like I said, only time will tell. If it was easy to predict such things, everyone would be a broker Smiley

Btw. there's also going to be an auction before the launch so maybe you can get a better price there.
I promise our auction will not end at xx:55 which confuses half the people  Wink
legendary
Activity: 910
Merit: 1000
i'm undecided,
is it better to buy a stake now ,
Or will there be a massive dump after it hits the exchange

i want in, i just don;t want to pay 20 x more  Huh
legendary
Activity: 866
Merit: 1002
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