here is my suggestion for the sockpuppets problem:
1) disqualify all the new accounts after January 21, 2014 and refund them if they did fund NEM project;and
2) give those shakes to the real and important members of BTT, such as Hero Members or Sr. Members if they are interested in NEM project.
so we can get strong support from the community.
Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 271. (Read 661498 times)
March 26, 2014, 01:37:31 AM
March 26, 2014, 01:12:06 AM
i am late,what a pity
March 26, 2014, 01:04:29 AM
A better description for what you are doing might be 'remake', like with a movie, or 'cover', like with a song or piece of music.
There is room for deviation from the original.
There is room for deviation from the original.
Was NXT 'cover', of bitcoin? I think not.
I believe "cover" is also bad word in this case. We've started from SCRATCH.
March 26, 2014, 12:56:28 AM
no jitters.. lol i dont do anything due to nerves... 
Sorry kodtycoon, I didn't mean to imply you... I meant the community in general getting jitters from seeing people wanting to sell. There's nothing wrong in wanting to sell; I've considered it. It's a gamble. Sell to someone who sees a big upside? Sure. And risk getting burned 6 or 12 months down the road? Quite possibly.
My point is that seeing people wanting to sell stakes shouldn't rattle our cages. Some are from people seeing a possible opportunity. Some are trolls. If you see upside to NEM, we need to put our tray in the upright position and fasten our seatbelts for some momentary turbulence.
We'll forget all this bullshit once we have a client to fire up.
March 25, 2014, 11:44:44 PM
NEM has potential to become the silver to NXT's gold, just as LTC is the silver to BTC's gold in POW coins.
I think NEM has the potential to become the platinum to NXT's gold.
NEM may have this potential if your platform makes improvements that can't easily be incorporated into other POS coins like NXT.
The two communities will determine which of NXT & NEM achieve the greatest network effect.
I think both will be technically capable of viral growth, that is why I want to invest heavily in NEM at this time to diversify.
I was not an original NXT stakeholder, so it is wise to diversify if I can.
IMO BCNext's social experiment is working now. NXT has no leaders, but despite this their community is very active with development, and they are making much progress.
If NEM is to be the platinum it must decentralise like NXT asap.
NXT community is becoming aware of what they are now, and they are learning how to operate without a leader..
I listen to the smart people like Adam B Levine.
I'd have to let you make me your spokesman, and as mentioned in other places I'm not picking sides. I think there is huge potential in all the metalayers and I want to help all of you succeed as much as possible. The future is big and roomy, lots of room for multiple projects and communities to work on these ideas in parallel and since the whole thing is open source it is merely quaint competition rather than antipathy driven.
Regardless, you can buy air-time on my program (as NXT did two months ago, and I think Kris has been doing great work with it) if you want to keep NXT in mind for people tuning into LTB or the other shows on our network.
But you can't buy me You can only demonstrate that you'll looking for ideas that solve problems instead of ideas that reinforce an arbitrary leaders ego. I think NXT has a damn good chance of that simply because ya'll don't have leaders.
I'd highly recommend as many NXTers as possible read the book "The Spider and the Starfish: The Unstoppable Power of Leaderless Organizations" - You guys have an "apache" or "na'taan" model of leadership, you just don't know it so it doesn't work too well.
NXT is like the beast with a thousand arms and no head. Difficult to organize, but with many resources at its disposal.
https://www.youtube.com/watch?v=9dzK-0wB-CA
Regardless, you can buy air-time on my program (as NXT did two months ago, and I think Kris has been doing great work with it) if you want to keep NXT in mind for people tuning into LTB or the other shows on our network.
But you can't buy me
You can only demonstrate that you'll looking for ideas that solve problems instead of ideas that reinforce an arbitrary leaders ego. I think NXT has a damn good chance of that simply because ya'll don't have leaders.I'd highly recommend as many NXTers as possible read the book "The Spider and the Starfish: The Unstoppable Power of Leaderless Organizations" - You guys have an "apache" or "na'taan" model of leadership, you just don't know it so it doesn't work too well.
NXT is like the beast with a thousand arms and no head. Difficult to organize, but with many resources at its disposal.
https://www.youtube.com/watch?v=9dzK-0wB-CA
March 25, 2014, 11:17:35 PM
If NEM software is mostly cloned from NXT with a few changes 1:40 will be a very good deal.
You seem to be misinformed. There is no common code between NEM and NXT. Aside from the "N", they're completely different.
Jaguar0625, I did not intend to sound critical with my use of the word 'clone'.
A better description for what you are doing might be 'remake', like with a movie, or 'cover', like with a song or piece of music.
There is room for deviation from the original.
I believe I understand what you are trying to achieve.
Our initial plan was to base NEM on the NXT code, which is why there are two versions of the NXT code in the repository. However, this project garnered a really large amount of interest and we have more dev resources than I expected. At this time, it is the consensus of the dev team to base NEM on some of the NXT ideas but write the code from scratch. While this will take a little more time and effort now, I think it will set up NEM much better in the long run.
The goal is not for NEM to be a NXT copy and paste coin. IMO, there's no value in that. With NEM, we want to take some of the best ideas of NXT and Bitcoin and create something new and, hopefully, better.
March 25, 2014, 11:02:54 PM
If NEM software is mostly cloned from NXT with a few changes 1:40 will be a very good deal.
You seem to be misinformed. There is no common code between NEM and NXT. Aside from the "N", they're completely different.
March 25, 2014, 10:01:04 PM
If NEM software is mostly cloned from NXT with a few changes 1:40 will be a very good deal.
You seem to be misinformed. There is no common code between NEM and NXT. Aside from the "N", they're completely different.
It would help if you didn't have links like
https://github.com/NxtEM/nem
from your facebook site
By the way, does Nem use secp256k1 like bitcoin?
March 25, 2014, 09:54:42 PM
WTF IS GOING HERE?! why is everybody talking about selling stakes if there even is not a coin or anything?! just some logos of NEM. Don't understand you all
Everybody isn't talking about selling their stakes -- it's a very vocal but very, very, VERY SMALL minority.
Besides, a big part of NEM is distribution. Let people sell (and regret it later).
this
March 25, 2014, 09:50:38 PM
If NEM software is mostly cloned from NXT with a few changes 1:40 will be a very good deal.
You seem to be misinformed. There is no common code between NEM and NXT. Aside from the "N", they're completely different.
March 25, 2014, 09:48:55 PM
NEM has potential to become the silver to NXT's gold, just as LTC is the silver to BTC's gold in POW coins.
I think NEM has the potential to become the platinum to NXT's gold.
March 25, 2014, 09:14:33 PM
WTF IS GOING HERE?! why is everybody talking about selling stakes if there even is not a coin or anything?! just some logos of NEM. Don't understand you all
Everybody isn't talking about selling their stakes -- it's a very vocal but very, very, VERY SMALL minority.
Besides, a big part of NEM is distribution. Let people sell (and regret it later).
NEM is in a tough position like most coins go through. Actually, tougher. These are pre-launch jitters. We have no wallet to look at, no candle chart to watch rise (or fall) on an exchange, no meaningful media swarms to participate in... we're in a holding pattern. The stakeholder list will be finalized, some will bitch, most will be happy, and we'll arrive unscathed in a few months with a wallet and (hopefully) a one-way ticket to the moon.
March 25, 2014, 08:42:05 PM
WTF IS GOING HERE?! why is everybody talking about selling stakes if there even is not a coin or anything?! just some logos of NEM. Don't understand you all
March 25, 2014, 08:40:24 PM
selling 1 stake in nem for 100k nxt..(devs if im not allowed to sell my stake please inform me) thanks
The wait list is still running ,
they can pay less than 1K nxt to have 1 stake.
so ... you are a really funning guy.
March 25, 2014, 08:38:14 PM
It depends on your definition of an IPO. NXT's official IPO may had been the 60 or so days, but the real IPO lasted less than a week. The 60 day thing is when they released all the NxT in November and declared the IPO over during the "official launch" in February.
NxT's official launch has been claimed to had been in January / February but, if you had held NxT like me, you would know that NxT was being traded long before that and the price back then was higher than it is now.
NxT's official launch has been claimed to had been in January / February but, if you had held NxT like me, you would know that NxT was being traded long before that and the price back then was higher than it is now.
lol - no, Nxt IPO was from September till November - 60 days
March 25, 2014, 08:33:03 PM
To utopiannow:
There is allready marketplace section in btt, so i suggest you to continue your effort there.
Your whole story sounds shady and from investor perspective your actions seems two-fold.
There is allready marketplace section in btt, so i suggest you to continue your effort there.
Your whole story sounds shady and from investor perspective your actions seems two-fold.
My offer will only be active for the first 48-72 hours after the NEM stakes have been transferred to the stakeholders.
I need to post in the main NEM thread to be sure that the majority of NEM stakeholders see my offer.
Many NEM stakeholders would not look in the marketplace section, so for the sake of 'fairness' I have posted in the main NEM thread for visibility.
I am looking for a trusted party to provide escrow, so there is nothing shady.
I am an investor who wants to diversify my portfolio. I also have an idea that requires having a large stake in a viable crypto currency.
Once the details of how the NEM stakes are claimed is made public I will be in a position to finalise how the transfer will proceed.
March 25, 2014, 08:16:29 PM
To utopiannow:
There is allready marketplace section in btt, so i suggest you to continue your effort there.
Your whole story sounds shady and from investor perspective your actions seems two-fold.
There is allready marketplace section in btt, so i suggest you to continue your effort there.
Your whole story sounds shady and from investor perspective your actions seems two-fold.
March 25, 2014, 07:38:41 PM
well, it is still 60 days of Nxt IPO against 30 days of NEM, so you can count it also: 2:1
NEM waiting list is still going on.
March 25, 2014, 07:37:24 PM
well, it is still 60 days of Nxt IPO against 30 days of NEM, so you can count it also: 2:1
March 25, 2014, 07:32:08 PM
I think SBOSS is right. People should be very careful with selling their stake at a cheap price and then cry later.
While Nxt has a lot of value(and I believe in Nxt), it has become clear by now that the distribution was something of a problem(the least said) which is still affecting the value of Nxt.
In Nem case, this is a real advantage. The distribution seems already a success and this was only the first step. Since this is an innovative coin, our value is not bound in any way to the value of Nxt or any other currency for that matter. With such a promising beginning and depending on the value we manage to create, it is not at all excluded that Nem could and maybe will surpass the value of Nxt (sooner than we think?). This remains a very interesting experiment and results may be very surprising indeed.
A lot more offers will come. If you sell at least sell at a good price.
POS distribution will always attract criticism from someone who missed out.
73 for NXT was small, `3000 for NEM is also small compared to the size of the eventual user base.
NXT & NEM both had open & transparent distributions, so future investors will only be concerned with the technology.
'Fairness' of initial distribution is neutral for NXT & NEM.
What matters is the the quality of the product, and the network effect it creates.
Listen to Adam B Levine.
Hey all,
Adam here - If you think about NXT and XCP like "fundraisers" than you're missing the point.
They are not fundraisers, they are spreading-around-the-blame. Both projects (NXT and counterparty) have anonymous developers, both of them have no mining to distribute coins as Satoshi did, and neither of them apparently needed development funds because NXT raised about $2000 worth of BTC and XCP burned 2100BTC.
So compare that to a method where they sell the tokens - Whose going to buy a new, proof of stake token from someone who won't even tell you their name? Not many.
Compare it to a method where they give them away - They reward only people who wait for opportunities where they can get something for nothing and those people with more time than anything useful to do with it will become your first line of distribution, and will probably be happy with just about anything because there was no cost for them to acquire it.
But either raising a trivial amount of money (NXT) or simply saying "throw it in the fire and nobody will get it" (XCP) require a proof of give-a-shit and at least pretend to understand it enough to warrant throwing good money into a black hole for what might be a hoax or scam. It's not ideal, but it's simple.
And because there is no giant pile of money, there is problem of how do you spend a giant pile of money.
As mentioned, I am building projects on all viable platforms, NXT is one of the top contenders from my analysis of the available options.
Adam here - If you think about NXT and XCP like "fundraisers" than you're missing the point.
They are not fundraisers, they are spreading-around-the-blame. Both projects (NXT and counterparty) have anonymous developers, both of them have no mining to distribute coins as Satoshi did, and neither of them apparently needed development funds because NXT raised about $2000 worth of BTC and XCP burned 2100BTC.
So compare that to a method where they sell the tokens - Whose going to buy a new, proof of stake token from someone who won't even tell you their name? Not many.
Compare it to a method where they give them away - They reward only people who wait for opportunities where they can get something for nothing and those people with more time than anything useful to do with it will become your first line of distribution, and will probably be happy with just about anything because there was no cost for them to acquire it.
But either raising a trivial amount of money (NXT) or simply saying "throw it in the fire and nobody will get it" (XCP) require a proof of give-a-shit and at least pretend to understand it enough to warrant throwing good money into a black hole for what might be a hoax or scam. It's not ideal, but it's simple.
And because there is no giant pile of money, there is problem of how do you spend a giant pile of money.
As mentioned, I am building projects on all viable platforms, NXT is one of the top contenders from my analysis of the available options.
If NEM software is mostly cloned from NXT with a few changes 1:40 will be a very good deal.
Distribution debate is not relevant outside the crypto community.
Jo Public missed out on NXT & NEM
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