[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 184.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: utopianfuture on April 20, 2014, 01:34:51 PM

BCNext was on the record saying sending 1BTC and he was on the record saying he has a team sending BTC in as well. If you are such a good historian you should be able to find the written texts. I already said I don't mind BCNext having 5-10% of more so you can chill on that.

I'm reading this thread with interest. I don't get what is new in ur movement, but I hope I'll get it one day and will use it in my own coin (Qubic) if it has advantages over the old way.
I have a question regarding "a team sending BTC in as well". I consider myself as a member of his team and I sent 0.1 BTC. I think BCNext worked only with me coz he was very paranoid. Do u have a link that proves ur words? Exactly these ones -

Quote

...and he was on the record saying he has a team sending BTC in as well

I failed to find the proof.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: Eadeqa on April 20, 2014, 01:41:44 PM

Quote from: utopianfuture on April 20, 2014, 01:29:37 PM

Quote from: Eadeqa on April 20, 2014, 12:57:37 PM

Quote from: Eadeqa on April 20, 2014, 12:52:50 PM

Quote from: Jaguar0625 on April 20, 2014, 08:29:28 AM

Quote from: Eadeqa on April 20, 2014, 05:30:33 AM

Quote from: patmast3r on April 20, 2014, 03:14:31 AM

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalksearch.org/topic/m.3254124

see this post in particular, where he laid out the rules clearly about "no developer/creator cut"

https://bitcointalksearch.org/topic/m.3256852

Here is my perspective. If you open a a distribution round in one and half month and get only 71 people in which 8 people end up owning 40% of the supply. Then that was a disaster distribution and indicated incompetency. I don't know why you can be proud of it unless the person in charge of distribution intentionally did not try at all.

I believe this is what happened: The first post was back in Sept 2013. The traffic in this forum was 1000 time lower. His account was new with no history, and in the second page of the thread someone claims "fraud". People were skeptical, traffic was much lower.

I won't call it a "disaster" though as nxt by any standard is a success with more larger and very active community that grew rapidly.

I did not say NXT was a disaster. I said NXT initial distribution was a disaster.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

So if NXT's distribution had been less contentious where do people think it would be now? Does anyone think it would've transformed its performance?

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: utopianfuture on April 20, 2014, 01:34:51 PM

Quote from: Eadeqa on April 20, 2014, 01:30:58 PM

Quote from: utopianfuture on April 20, 2014, 01:25:51 PM

Quote from: Eadeqa on April 20, 2014, 12:52:50 PM

Quote from: Jaguar0625 on April 20, 2014, 08:29:28 AM

Quote from: Eadeqa on April 20, 2014, 05:30:33 AM

Quote from: patmast3r on April 20, 2014, 03:14:31 AM

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalksearch.org/topic/m.3254124

The question is does he own 5% ? not what's the rules of distribution?. I don't mind he owns 5% or more at all but here you should answer the question instead of evade it.

There is no way to prove who BCnext is and what he owns. All we know this is what happened in the public forum

https://bitcointalksearch.org/topic/m.3256852

where anyone was allowed to invest btc (cap was 1 btc) and all coins were distributed among the investors. The IPO was open for 2 months. There was no creator's cuts or special stakes for bcnext.

This is all public record.

BCNext was on the record saying sending 1BTC and he was on the record saying he has a team sending BTC in as well.

I went through all his posts and there is no record of him saying he has a team sending BTC. Care to post proof of that claim? In fact there is no proof he had a team of any kind. He appeared to be one man show until he hires (pays with his own money) Cfb. This history is all in public record too.

xtester

hero member

Activity: 840

Merit: 500

Risk taker & Black Swan farmer.

Good times lay ahead. Cool

There surely is a lot of interest for Nem so the auction will be a resounding marketing move.

Starfleet.Intelligence

full member

Activity: 237

Merit: 100

I think this distribution is one of the fairest ever.

Almost sure there will be unclaimed stakes from the 3000 stakeholders. Any plans what will happen to them?

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: utopianfuture on April 20, 2014, 01:29:37 PM

Quote from: Eadeqa on April 20, 2014, 12:57:37 PM

Quote from: Eadeqa on April 20, 2014, 12:52:50 PM

Quote from: Jaguar0625 on April 20, 2014, 08:29:28 AM

Quote from: Eadeqa on April 20, 2014, 05:30:33 AM

Quote from: patmast3r on April 20, 2014, 03:14:31 AM

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalksearch.org/topic/m.3254124

see this post in particular, where he laid out the rules clearly about "no developer/creator cut"

https://bitcointalksearch.org/topic/m.3256852

Here is my perspective. If you open a a distribution round in one and half month and get only 71 people in which 8 people end up owning 40% of the supply. Then that was a disaster distribution and indicated incompetency. I don't know why you can be proud of it unless the person in charge of distribution intentionally did not try at all.

I believe this is what happened: The first post was back in Sept 2013. The traffic in this forum was 1000 time lower. His account was new with no history, and in the second page of the thread someone claims "fraud". People were skeptical, traffic was much lower.

I won't call it a "disaster" though as nxt by any standard is a success with large and very active community that grew rapidly.

NEMoon

newbie

Activity: 29

Merit: 0

That'll be my first million! I'm so looking forward to receiving it. I'm not gonna sell a single coin until it's at least $0.01 per NEM.

ShawnLeary

hero member

Activity: 518

Merit: 504

Quote from: NOjust on April 20, 2014, 08:30:38 AM

Quote from: hisun on April 20, 2014, 08:26:55 AM

Good idea about the auction of shares,About the auction I have some immature perspective:

1. I think we can more than hold several auctions, such as once a month, every 30 places so that people can continue to focus nem, nem improve visibility, as 3i's AGS.

2.Lowest closing price in the first round as the second round of the auction the auction starting price, and so on. This ensures the continued appreciation of the value of nem.

Finally, I hope nem able to get more attention, greater development.

anyone want to sell??

Sure, 5BTC, message me.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: Eadeqa on April 20, 2014, 01:30:58 PM

Quote from: utopianfuture on April 20, 2014, 01:25:51 PM

Quote from: Eadeqa on April 20, 2014, 12:52:50 PM

Quote from: Jaguar0625 on April 20, 2014, 08:29:28 AM

Quote from: Eadeqa on April 20, 2014, 05:30:33 AM

Quote from: patmast3r on April 20, 2014, 03:14:31 AM

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalksearch.org/topic/m.3254124

The question is does he own 5% ? not what's the rules of distribution?. I don't mind he owns 5% or more at all but here you should answer the question instead of evade it.

There is no way to prove who BCnext is and what he owns. All we know this is what happened in the public forum

https://bitcointalksearch.org/topic/m.3256852

where anyone was allowed to invest btc (cap was 1 btc) and all coins were distributed among the investors. The IPO was open for 2 months. There was no creator's cuts or special stakes for bcnext.

This is all public record.

BCNext was on the record saying sending 1BTC and he was on the record saying he has a team sending BTC in as well. If you are such a good historian you should be able to find the written texts. I already said I don't mind BCNext having 5-10% of more so you can chill on that.

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: utopianfuture on April 20, 2014, 01:25:51 PM

Quote from: Eadeqa on April 20, 2014, 12:52:50 PM

Quote from: Jaguar0625 on April 20, 2014, 08:29:28 AM

Quote from: Eadeqa on April 20, 2014, 05:30:33 AM

Quote from: patmast3r on April 20, 2014, 03:14:31 AM

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalksearch.org/topic/m.3254124

The question is does he own 5% ? not what's the rules of distribution?. I don't mind he owns 5% or more at all but here you should answer the question instead of evade it.

There is no way to prove who BCnext is and what he owns. All we know this is what happened in the public forum

https://bitcointalksearch.org/topic/m.3256852

where anyone was allowed to invest btc (cap was 1 btc) and all coins were distributed among the investors. The IPO was open for 2 months. There was no creator's cuts or special stakes for bcnext.

This is all public record.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: Eadeqa on April 20, 2014, 12:57:37 PM

Quote from: Eadeqa on April 20, 2014, 12:52:50 PM

Quote from: Jaguar0625 on April 20, 2014, 08:29:28 AM

Quote from: Eadeqa on April 20, 2014, 05:30:33 AM

Quote from: patmast3r on April 20, 2014, 03:14:31 AM

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalksearch.org/topic/m.3254124

see this post in particular, where he laid out the rules clearly about "no developer/creator cut"

https://bitcointalksearch.org/topic/m.3256852

Here is my perspective. If you open a a distribution round in one and half month and get only 71 people in which 8 people end up owning 40% of the supply. Then that was a disaster distribution and indicated incompetency. I don't know why you can be proud of it unless the person in charge of distribution intentionally did not try at all.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: Eadeqa on April 20, 2014, 12:52:50 PM

Quote from: Jaguar0625 on April 20, 2014, 08:29:28 AM

Quote from: Eadeqa on April 20, 2014, 05:30:33 AM

Quote from: patmast3r on April 20, 2014, 03:14:31 AM

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalksearch.org/topic/m.3254124

The question is does he own 5% ? not what's the rules of distribution?. I don't mind he owns 5% or more at all but here you should answer the question instead of evade it.

awais3344

sr. member

Activity: 308

Merit: 250

hi, i already have a stake. but i wonder if setting up a node will give me a few more coins? i am really interspersed to know that. also what kind of services can i offer for a return in nems?

gimre

legendary

Activity: 866

Merit: 1002

Quote from: loyer on April 20, 2014, 03:34:01 AM

sorry, I meant FORGING! If the 25% or 15% until they were properly distributed, used for forging? That would not be fair to the stakeholders

a) it's foraging not forging
b) keep in mind POI != POS, so it doesn't translate to more NEMs == more gain from fees.

Spyrofix

newbie

Activity: 42

Merit: 0

Quote from: utopianfuture on April 20, 2014, 10:48:49 AM

Quote from: BitZCoin on April 20, 2014, 10:45:13 AM

Quote from: sparta_cuss on April 20, 2014, 10:34:51 AM

Quote from: BitZCoin on April 20, 2014, 09:30:59 AM

I feel something huge is coming towards us! Grin

Good huge or bad huge?

It feels like a min. 40 000 000 $ market. Grin

Btw.:
It would be very interesting to know current marketcap through our investments.

If everyone is getting involved, 40 million cap is no problem. If everyone chooses to sell half of their holding upon launch, then it will take a while to get there.

In the long term, it is all about what kind of technological products NEM can bring to the world and what kind of user adoption NEM community can drive forward. We have some cool projects post V1 blockchain, I hope every stakeholder can stay with the development team until then.

I'll hold my stake and I will support NEM !

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: Eadeqa on April 20, 2014, 12:52:50 PM

Quote from: Jaguar0625 on April 20, 2014, 08:29:28 AM

Quote from: Eadeqa on April 20, 2014, 05:30:33 AM

Quote from: patmast3r on April 20, 2014, 03:14:31 AM

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalksearch.org/topic/m.3254124

see this post in particular, where he laid out the rules clearly about "no developer/creator cut"

https://bitcointalksearch.org/topic/m.3256852

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: Jaguar0625 on April 20, 2014, 08:29:28 AM

Quote from: Eadeqa on April 20, 2014, 05:30:33 AM

Quote from: patmast3r on April 20, 2014, 03:14:31 AM

Someone said earlier that BCNext was the fairest developer. That's not true. If he really didn't take more than any of the other stakeholders

No, he didn't, and that needed to be said given a lot of people bash nxt in this thread for "unfair" distribution which is a pathetically dishonest criticism as nxt IPO was open to anyone for 2 months and Bcnext (the developer) didn't demand any extra shares for himself.

One thing we can say about nxt inventor: he wasn't greedy.

Doesn't he own ~5% of NXT?

No, as I understand, everyone was allowed 1 btc max investment. bcnext was not exception to that rule. The 1 billion nxt were divided among the investors. This is all public record and happened in the open forum. Unless he was using a sock puppet account to invest twice, there was no special "stock" for bcnext. https://bitcointalksearch.org/topic/m.3254124

frajervitalny

member

Activity: 110

Merit: 10

We bow in its aura

So are we gonna set up pre launch multipool?
Lets get organised, and materialized it.
What is needed to start it? Cheesy

greentea

legendary

Activity: 1418

Merit: 1002

Quote from: ?? on ??

i actually had an idea last night... can we get a multipool mining now? i mean launch the multipool now and let it build up the btc until the coin actually launches? the mining power it could draw due to the massive interest in nem would be huge! and plus if btc takes a massive run up again you will see the dificulty of most coins go through the roof again... why not build up some funds up.. if nem wants to drop a bit after launch let it.. then after the drop start buying up with the mined funds..? what you think?

I like this idea as well, it will allow another option for people to acquire NEM besides just buying it in open market... BUt you really need competent guys to be running this who have similar NEM interests aligned. Look at the blackcoinpool, they are doing all sorts of things to attract miners, giveaways etc ...

I don't mind the 10% for the devs, but it would be comforting if there was some sort of gradual lockup period for the first 6 months or so to give outside investors confidence they wont be dumped on, a stigma which NXT has

Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 184. (Read 661498 times)