Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 175. (Read 661498 times)
April 23, 2014, 09:35:09 PM
I am more interested in when is the auction? Also, will there be a technical update soon?
April 23, 2014, 07:59:40 PM
When is the launch?
April 23, 2014, 07:35:08 PM
Why can't I open NEM final stakeholder list and refunding list? Who knows it?
IDK but I just took the liberty of looking you up and you are on the final stakeholder list. Nr. 2929
April 23, 2014, 07:20:51 PM
Why can't I open NEM final stakeholder list and refunding list? Who knows it?
IDK but I just took the liberty of looking you up and you are on the final stakeholder list. Nr. 2929
April 23, 2014, 06:50:49 PM
Why can't I open NEM final stakeholder list and refunding list? Who knows it?
April 23, 2014, 06:29:42 PM
I read some pages, but the thread is waaaay too technical for me compared to others 
April 23, 2014, 06:21:52 PM
If you did not sign up in the waiting list and initial ipo, i am afraid you are too late.
April 23, 2014, 06:16:42 PM
Sorry not to read the whole thread, but when, where and how much do I get some NEM? Sorry for the noob question
Should read the first page. 1 stake should equal something like 1 000 000 NEM.
April 23, 2014, 05:57:33 PM
Sorry not to read the whole thread, but when, where and how much do I get some NEM? Sorry for the noob question
April 23, 2014, 05:42:37 PM
I'm not sure a multi pool is in NEMs interest. The value of this technology should be derived from the underlying technology. The value should not be derived from an influx of BTC/NEM buys at the onset. To me this screams pump.
Be involved in cryptos, I thought we are all capitalists here. Let's let the markets decide price and value.
Be involved in cryptos, I thought we are all capitalists here. Let's let the markets decide price and value.
Why ?
hes a big fat cat miner and doesnt want pow to die lol
220k nem pledged. anyone else want to pledge toward the pool?
possible dev on board! will inform when more is known! 220k is not enough we need more!
Lets not be too hasty now, i think they make perfectly valid points. However, in light of what you said, a multipool really has more pro's than cons, at least when used for a PoS coin like NEM. I'm eager to see how NXT handles using the same idea.
Also, i'd be happy to pledge to this cause - I'll pm you with what i'd intend to pledge. I'd also be happy to put forth more as and when more information becomes available, such as who will be organizing this multipool, managing it and running it. I'll be watching this idea develop, assuming it does.
I would personally support NEM multi pool since as I understand it would give miners automatous access to NEM without paying for NEM directly via an an exchange. That is a valuable service to NEM making it accessible to everyone with different tastes since I think some people are averse to the idea of buying a cypto directly.
Green marketing ploy started with Peercoin people and continued by Nxt people but never actually caught on. imho, the issue should be rephrased better under the term of network efficiency. NEM network is more efficient than Bitcoin because it takes less power to maintain and still have the same level of security. The efficiency gain comes from utilizing POS/ POI foraging algorithm instead POW algorithm which consumes much more power at the same time gives rise to a computational arm-race whenever bitcoin price is increasing. So we can say the "green" aspect comes from the algorithm each network utilizes not really related to the method how an individual choose to obtain the coin.
.......
Green marketing ploy started with Peercoin people and continued by Nxt people but never actually caught on. imho, the issue should be rephrased better under the term of network efficiency. NEM network is more efficient than Bitcoin because it takes less power to maintain and still have the same level of security. The efficiency gain comes from utilizing POS/ POI foraging algorithm instead POW algorithm which consumes much more power at the same time gives rise to a computational arm-race whenever bitcoin price is increasing. So we can say the "green" aspect comes from the algorithm each network utilizes not really related to the method how an individual choose to obtain the coin.
.......
Couldn't agree more. Although buying directly is also a good option to have - keeping options open is pretty important.
April 23, 2014, 05:42:31 PM
@utopian
what do you think about launching the pool asap.. before nem launches to obtain as much btc as possible and buy nem with it after launch and distribute the nem to miners proportionally based on the hashing power provided up until launch? this way we can also build up the hashing power so we have a large amount hopefully at launch and continue mining and then nem distribution can become autonomous?
what do you think about launching the pool asap.. before nem launches to obtain as much btc as possible and buy nem with it after launch and distribute the nem to miners proportionally based on the hashing power provided up until launch? this way we can also build up the hashing power so we have a large amount hopefully at launch and continue mining and then nem distribution can become autonomous?
The core team won't be able to do it. So it is up to our stakeholder community.
The buying of nem by the multipool should be scheduled on a long period.
For example wait 1 week for the price to stabilize, then buy at a price 10% more than the average price of previous week.
Repeat until fund are exhausted, or last as long as bicoin/week income = value of nem bought each week.
Actually, it might well be worth your while to handle the buys manually. That's how the Community Coin multipool is being run. In COMM's case, that's how it had to be because the multipool is a shack jobbie put together on a shoestring. But because the COMM buys are done manually, it can buy into the dips instead of insta-buying: automatic buys run the risk of buying into a bubble.
In COMM's case, that's the way it had to be - but COMM's penury can be your luxury. Just put an experienced spread trader in charge of the buys and you'll do much better than with an insta-buying algo.
April 23, 2014, 04:04:28 PM
When can I download the alpha?
April 23, 2014, 02:26:10 PM
@utopian
what do you think about launching the pool asap.. before nem launches to obtain as much btc as possible and buy nem with it after launch and distribute the nem to miners proportionally based on the hashing power provided up until launch? this way we can also build up the hashing power so we have a large amount hopefully at launch and continue mining and then nem distribution can become autonomous?
what do you think about launching the pool asap.. before nem launches to obtain as much btc as possible and buy nem with it after launch and distribute the nem to miners proportionally based on the hashing power provided up until launch? this way we can also build up the hashing power so we have a large amount hopefully at launch and continue mining and then nem distribution can become autonomous?
The core team won't be able to do it. So it is up to our stakeholder community.
The buying of nem by the multipool should be scheduled on a long period.
For example wait 1 week for the price to stabilize, then buy at a price 10% more than the average price of previous week.
Repeat until fund are exhausted, or last as long as bicoin/week income = value of nem bought each week.
April 23, 2014, 02:13:27 PM
I'm not sure a multi pool is in NEMs interest. The value of this technology should be derived from the underlying technology. The value should not be derived from an influx of BTC/NEM buys at the onset. To me this screams pump.
Be involved in cryptos, I thought we are all capitalists here. Let's let the markets decide price and value.
Be involved in cryptos, I thought we are all capitalists here. Let's let the markets decide price and value.
Why ?
April 23, 2014, 02:10:48 PM
April 23, 2014, 02:06:49 PM
I'm not sure a multi pool is in NEMs interest. The value of this technology should be derived from the underlying technology. The value should not be derived from an influx of BTC/NEM buys at the onset. To me this screams pump.
Be involved in cryptos, I thought we are all capitalists here. Let's let the markets decide price and value.
Be involved in cryptos, I thought we are all capitalists here. Let's let the markets decide price and value.
April 23, 2014, 01:08:49 PM
who runs the nem twitter page?
2 people that were handed it last week after the last guy stoped. I've brought the inactivity up already I hope it'll be active again soon.
April 23, 2014, 12:33:14 PM
anyone that wants to donate towards the bounty of the multipool please pm me with the amount you wish to donate.
i have other things to be doing also so i cannot be going back through the thread later to check who said how much.
thanks
i have other things to be doing also so i cannot be going back through the thread later to check who said how much.
thanks
Pledge? or Donate?
Guess you mean Donate BTC?
Definitely not.
This whole multipool idea is fueled purely by greed and NEM is not even released.
Completely unbelievable. Yet, I completely believe it. The nature of people will never cease to amaze me.
My 2 NEM - Do some proper research, a multipool will only harm NEM - Stop jumping on the BC bandwagon.
April 23, 2014, 12:06:34 PM
I would donate 100K from my stake too.
Cant we directly ask someone skilled?
We have many NXTers on board, there are many tech guys.
Cant we directly ask someone skilled?
We have many NXTers on board, there are many tech guys.
You can contact dev of multipool "pf" at https://nxtforum.org/nxt-promotion/(ann)-nxt-mining-pool/
April 23, 2014, 12:01:06 PM
i'm too lazy to read the whole thread, is there a launch date planned ?
thanks
thanks
alpha test in the coming weeks. launch about 2 months, but no definite date
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