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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 23. (Read 661498 times)

hero member
Activity: 980
Merit: 1001
The Open Alpha is scheduled on 6/25
Jaguar0625
 Is't  a coincidence? Grin

What do you think ?  Wink
full member
Activity: 224
Merit: 100

If someone doesn't wish to have a token that represents their NEM stake, is their NEM stake still secured, and when are they likely to receive their NEM stake?

If you are on that stakeholder list, it is secured. 2/3 of all stakes will not be put as tokens on AE anyway. Mine as well :-D
When the official release comes (it still hasn't been announced), first those on that stakeholder list will receive their NEMs. 2 weeks after, people who bought the tokens on AE will be able to change them for NEMs.
sr. member
Activity: 382
Merit: 256
how much more expensive is it to buy it off the asset exchange, comapred to when it was released?

It wasn't released yet...
That will probably happen at some point in August or September.

Right now all people can do is trade tokens which represent NEM stakes on the Nxt Asset Exchange which can be turned into NEM as soon as it is released.

Here you can see the price chart from the asset exchange http://nxtblocks.info/#section/assets_exchange/12465186738101000735

If someone doesn't wish to have a token that represents their NEM stake, is their NEM stake still secured, and when are they likely to receive their NEM stake?
member
Activity: 96
Merit: 10
So at current price on the assset exchange NEM is being valued at around 5 million dollars

Roughly ... yes.

I expect it to go to $50m at least within the first 6 months.

10 times of 5 million?  no way!!!
It should be 100 times with 500 million in total. Please dont think it is impossible because nothing is impossible.  Grin

Definitely not after the first six months! Maybe after 1-2 years.
Even though I really hope that will happen in the first six months, I like to stay somewhat realistic with my predictions  Grin
full member
Activity: 175
Merit: 100
The Open Alpha is scheduled on 6/25
Jaguar0625
 Is't  a coincidence? Grin
full member
Activity: 175
Merit: 100
The Open Alpha is scheduled on 6/25. Let's the countdown begin. We will be inviting selective users into the closed Alpha testing starting in a couple of days. The priority goes to helpers/ volunteers who are in the Trello board or answer the volunteer survey earlier so there is no need to sign up now. Thanks.

On behalf of the NEM dev. team.


 Grin

Good news!
Can't wait  Grin Cheesy 
I want to be  a  user  into the closed Alpha testing
Ged
full member
Activity: 130
Merit: 100
Glory to NEM Dev Team !
I'm impressed very much when not-existing coin that was purchased 1 000 000 for 0.05 BTC traded for 1 BTC just in few months..
Hope DEVELOPERS implement interactive NEM worldmap, where anyone who accept NEM will be displayed on it. Also some skype analogue is very important.
If i can use map, call and pay with NEM-wallet application from my mobile phone, it is AWESOME !
THX alot for your work, Utopian and Dev Team !
Good luck and clear mind !
newbie
Activity: 41
Merit: 0
So at current price on the assset exchange NEM is being valued at around 5 million dollars

Roughly ... yes.

I expect it to go to $50m at least within the first 6 months.

10 times of 5 million?  no way!!!
It should be 100 times with 500 million in total. Please dont think it is impossible because nothing is impossible.  Grin
full member
Activity: 182
Merit: 100
The Open Alpha is scheduled on 6/25. Let's the countdown begin. We will be inviting selective users into the closed Alpha testing starting in a couple of days. The priority goes to helpers/ volunteers who are in the Trello board or answer the volunteer survey earlier so there is no need to sign up now. Thanks.

On behalf of the NEM dev. team.


 Grin

Good news!
legendary
Activity: 2590
Merit: 3015
Welt Am Draht

Very optimistic)
NXT now is only $60m. Considering whales with millions in cold wallets its its $30m.

Realistic value $5-10m imho.


The whale issue is what has held NXT back. If it didn't have that hanging over it then I'm sure it would be far, far higher than it is today.

newbie
Activity: 15
Merit: 0
The Open Alpha is scheduled on 6/25. Let's the countdown begin. We will be inviting selective users into the closed Alpha testing starting in a couple of days. The priority goes to helpers/ volunteers who are in the Trello board or answer the volunteer survey earlier so there is no need to sign up now. Thanks.

On behalf of the NEM dev. team.


I am making a countdown timer for this, what timezone will it be in?

Just do it, i'm looking forward to it. Shocked
newbie
Activity: 27
Merit: 0
So at current price on the assset exchange NEM is being valued at around 5 million dollars

Roughly ... yes.

I expect it to go to $50m at least within the first 6 months.

Very optimistic)
NXT now is only $60m. Considering whales with millions in cold wallets its its $30m.

Realistic value $5-10m imho.
legendary
Activity: 1059
Merit: 1016
The Open Alpha is scheduled on 6/25. Let's the countdown begin. We will be inviting selective users into the closed Alpha testing starting in a couple of days. The priority goes to helpers/ volunteers who are in the Trello board or answer the volunteer survey earlier so there is no need to sign up now. Thanks.

On behalf of the NEM dev. team.


I am making a countdown timer for this, what timezone will it be in?

I believe UTC timezone is the easiest to base on.
member
Activity: 96
Merit: 10
So at current price on the assset exchange NEM is being valued at around 5 million dollars

Roughly ... yes.

I expect it to go to $50m at least within the first 6 months.
legendary
Activity: 910
Merit: 1000
So at current price on the assset exchange NEM is being valued at around 5 million dollars
newbie
Activity: 41
Merit: 0
can a dev confirm if its 2.0 or 3.0 generation?

I think there are no solid definitions of 2.0 or 3.0.
NXT called itself 2.0 which I think started the whole "generation" fuzz but I'm not sure there are actuall definitions.
If we see non-POW coins as 2nd gen then NXT was by no means the first 2nd gen (unless we only count 100% non POW coins and no hybrids). If we see transparent forging as 2nd gen then any other advanced feature could be 2nd gen as well so there is no way to tell where 3rd gen starts (leaving aside the fact that transparent forging is afaik not yet implemented).

I think if POI works as intended then it could be considered 3rd gen as it would be another improvement over the existing algos.
So it would be...

POW -> POS -> POI

...which would make sense to me but again...hard to say.

Could also be POW -> POW/POS -> POS -> POI.


Asking me I think the whole generation question is a huge amount of bs. Who cares ?

I totally agree with you patmast3r, and I think the point for a new coin is not 2.0 or 3.0 because there is no clear defination of 2 or 3. The major point for NEM is it provides an increasing number of different functionality, new ideas, new applications which could support sustainable development and evolvement of NEM.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
The Open Alpha is scheduled on 6/25. Let's the countdown begin. We will be inviting selective users into the closed Alpha testing starting in a couple of days. The priority goes to helpers/ volunteers who are in the Trello board or answer the volunteer survey earlier so there is no need to sign up now. Thanks.

On behalf of the NEM dev. team.


I am making a countdown timer for this, what timezone will it be in?
legendary
Activity: 910
Merit: 1000
hero member
Activity: 644
Merit: 500
Thanks, but can i purchase it online using the online wallet (this is where i am having difficulty just trying to find  a buy button)? or is downloading a client necessary,

There is no online wallet with asset exchange fully implemented yet.

You need this wallet which is easy to install http://nxtra.org/nxt-wallet/

legendary
Activity: 910
Merit: 1000
Thanks, but can i purchase it online using the online wallet (this is where i am having difficulty just trying to find  a buy button)? or is downloading a client necessary,
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