[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 272.

SBOSS

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Start your Own Cryptocurrency Exchange

Quote from: gentlemand on March 25, 2014, 06:57:47 PM

Well, these offers are at least an encouraging sign of belief from non stakeholders. It'll be fun to see what transpires once some proper heat builds up.

I have a reservation for a stake but I am not interested in this offer.

It's not competitive. There were other interested people who were offering 4 to 5 BTC (which is around $2K USD). Your offer of 25,000 NxT ($750) is not competitive with those offers.

Personally, the only thing I would consider is minimum $5K but that would be conditional on if I needed money.

jnuqsx

full member

Activity: 142

Merit: 100

Quote from: gaazje on March 25, 2014, 10:50:15 AM

There seems to be a lot of envy from the ones that didn't become stakeholder.
Please start trolling somewhere else, this No Envy Movement is not a place for
you anyway..

I agree with you

gentlemand

legendary

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Welt Am Draht

Well, these offers are at least an encouraging sign of belief from non stakeholders. It'll be fun to see what transpires once some proper heat builds up.

UtopianNow

newbie

Activity: 53

Merit: 0

Quote from: Simakki on March 25, 2014, 06:19:03 PM

I really dont understand how u made these assumptions. So u just calculate NEM market cap without even knowing what the NEM would be after development process is done. There is a significant possibility that NEM could be more usable in terms of a currency (distribution, POI, etc). And based upon your willingness to buy shares even before launch, i highly doubt that you have calculated very different valuation to the coin.

IMO it would fair to stop puplish these predictions, when the only purpose is to get cheap stakes and benefit on those.

I base my valuation for NEM using similar methods to other investors. Past history, fundamentals, competition etc.

Price discovery process for NEM has started and the market will decide in the end.

If I were offering fiat I would expect red flags to go up.

I am offering NXT for NEM.

Both NXT & NEM have huge potential.

xtester

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Activity: 840

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Risk taker & Black Swan farmer.

Quote from: ?? on ??

Quote from: Simakki on March 25, 2014, 06:19:03 PM

Quote from: UtopianNow on March 25, 2014, 05:36:36 PM

Quote from: raymarius on March 25, 2014, 01:24:05 PM

Both are good offers but no thanks, I am holding mine for at least a full year call me crazy but I really believe anyone selling their stakes right now will never be able to forgive himself when NEM becomes big. If NEM flops you are losing at most 50 bucks not a disaster if it succeeds who knows what it can be worth. Friends hold tight, help build the coin and we can all be winners

NEM has potential to become the silver to NXT's gold, just as LTC is the silver to BTC's gold in POW coins.

Today, as I write:
BTC marketcap is $7,352,253,598
LTC marketcap is $440,369,745

LTC has ~6% the marketcap of BTC

I'm valuing NEM at 10% marketcap of NXT.

With 4 times the coins for NEM over NXT, my offer is 1 NXT for 40 NEM.

This offer is competitive, and risk free if you have multiple NEM stakes.

Keep some NEM stakes, sell your socks, get a stake in NXT.

Instant risk free profit.

Send PM if you prefer.

I really dont understand how u made these assumptions. So u just calculate NEM market cap without even knowing what the NEM would be after development process is done. There is a significant possibility that NEM could be more usable in terms of a currency (distribution, POI, etc). And based upon your willingness to buy shares even before launch, i highly doubt that you have calculated very different valuation to the coin.

IMO it would fair to stop puplish these predictions, when the only purpose is to get cheap stakes and benefit on those.

He came across like an used car salesmen.

He's deliberately trying to drive down the value and his messages aren't that well thought through. He probably choose the name UtopianNow, to look like Utopianfuture's name. Second - he claimed in an earlier post to have a budget of 25,000,000 NxT but according to his conversion he could only afford a quarter of a stake. . . .

10% of NxT's market cap? Lmao!! For someone who has that much NxT, you would think he would remember that NxT was going to the moon until the IPO scandal became public knowledge. It doesn't matter how good NxT becomes, that IPO stigma can't really go away. I know Bitcoin was concentrated in a few hands but analogies are poor evidence as I could say something like we used to execute people for shoplifting and therefore we should bring back capital punishment for shoplifting.

That other guy who was offering 3-5 BTC ($1500 to $2000) was making a more realistic offer.

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.

SBOSS

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Quote from: Simakki on March 25, 2014, 06:19:03 PM

Quote from: UtopianNow on March 25, 2014, 05:36:36 PM

Quote from: raymarius on March 25, 2014, 01:24:05 PM

Both are good offers but no thanks, I am holding mine for at least a full year call me crazy but I really believe anyone selling their stakes right now will never be able to forgive himself when NEM becomes big. If NEM flops you are losing at most 50 bucks not a disaster if it succeeds who knows what it can be worth. Friends hold tight, help build the coin and we can all be winners

NEM has potential to become the silver to NXT's gold, just as LTC is the silver to BTC's gold in POW coins.

Today, as I write:
BTC marketcap is $7,352,253,598
LTC marketcap is $440,369,745

LTC has ~6% the marketcap of BTC

I'm valuing NEM at 10% marketcap of NXT.

With 4 times the coins for NEM over NXT, my offer is 1 NXT for 40 NEM.

This offer is competitive, and risk free if you have multiple NEM stakes.

Keep some NEM stakes, sell your socks, get a stake in NXT.

Instant risk free profit.

Send PM if you prefer.

I really dont understand how u made these assumptions. So u just calculate NEM market cap without even knowing what the NEM would be after development process is done. There is a significant possibility that NEM could be more usable in terms of a currency (distribution, POI, etc). And based upon your willingness to buy shares even before launch, i highly doubt that you have calculated very different valuation to the coin.

IMO it would fair to stop puplish these predictions, when the only purpose is to get cheap stakes and benefit on those.

He claimed in another post that he had a budget of 10 million NxT ($330K USD). That means, for a coin he thinks "could fail", he wants to purchase 14% of all upcoming NEM in circulation. 14% sounds little but to put into perspective - Satoshi has the largest Bitcoin wallet and he only owns like 8% or so.

Simakki

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Activity: 697

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Quote from: UtopianNow on March 25, 2014, 05:36:36 PM

Quote from: raymarius on March 25, 2014, 01:24:05 PM

Both are good offers but no thanks, I am holding mine for at least a full year call me crazy but I really believe anyone selling their stakes right now will never be able to forgive himself when NEM becomes big. If NEM flops you are losing at most 50 bucks not a disaster if it succeeds who knows what it can be worth. Friends hold tight, help build the coin and we can all be winners

NEM has potential to become the silver to NXT's gold, just as LTC is the silver to BTC's gold in POW coins.

Today, as I write:
BTC marketcap is $7,352,253,598
LTC marketcap is $440,369,745

LTC has ~6% the marketcap of BTC

I'm valuing NEM at 10% marketcap of NXT.

With 4 times the coins for NEM over NXT, my offer is 1 NXT for 40 NEM.

This offer is competitive, and risk free if you have multiple NEM stakes.

Keep some NEM stakes, sell your socks, get a stake in NXT.

Instant risk free profit.

Send PM if you prefer.

I really dont understand how u made these assumptions. So u just calculate NEM market cap without even knowing what the NEM would be after development process is done. There is a significant possibility that NEM could be more usable in terms of a currency (distribution, POI, etc). And based upon your willingness to buy shares even before launch, i highly doubt that you have calculated very different valuation to the coin.

IMO it would fair to stop puplish these predictions, when the only purpose is to get cheap stakes and benefit on those.

UtopianNow

newbie

Activity: 53

Merit: 0

Quote from: raymarius on March 25, 2014, 01:24:05 PM

Both are good offers but no thanks, I am holding mine for at least a full year call me crazy but I really believe anyone selling their stakes right now will never be able to forgive himself when NEM becomes big. If NEM flops you are losing at most 50 bucks not a disaster if it succeeds who knows what it can be worth. Friends hold tight, help build the coin and we can all be winners

NEM has potential to become the silver to NXT's gold, just as LTC is the silver to BTC's gold in POW coins.

Today, as I write:
BTC marketcap is $7,352,253,598
LTC marketcap is $440,369,745

LTC has ~6% the marketcap of BTC

I'm valuing NEM at 10% marketcap of NXT.

With 4 times the coins for NEM over NXT, my offer is 1 NXT for 40 NEM.

This offer is competitive, and risk free if you have multiple NEM stakes.

Keep some NEM stakes, sell your socks, get a stake in NXT.

Instant risk free profit.

Send PM if you prefer.

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: okaynow on March 25, 2014, 06:07:14 AM

mike's right.
I would go as far as to say that it is the same with every currency or even every unit of value.
Besides, money is of no value if you dont pass it around, no?

not every unit of value ? Or what do you mean? In the world is lot of things having values...

Crypto currencies' problem is the missing relation to the 'real world'. And because of that they are under speculation of the gamers and "investors".

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: raymarius on March 25, 2014, 01:24:05 PM

Both are good offers

but no thanks, I am holding mine for at least a full year Huh

call me crazy but I really believe anyone selling their stakes right now will never be able to forgive himself when NEM becomes big. If NEM flops you are losing at most 50 bucks not a disaster if it succeeds who knows what it can be worth. Friends hold tight, help build the coin and we can all be winners Wink

Waiting is the tactic, which I would also prefer more than pump and dump. Something must exist in the NEM systems that keeps it alive and progressing.
'something' might be very confidential due to the competition between (alt) coins...

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: Eadeqa on March 25, 2014, 03:42:47 AM

Quote from: msin on March 24, 2014, 10:35:58 PM

Quote from: jkoil on March 24, 2014, 09:37:46 PM

Quote from: swartzfeger on March 24, 2014, 09:30:45 PM

Quote from: joninoakland on March 24, 2014, 06:41:24 PM

I was browsing the NXT thread which I learned about after someone pointed out how to get a stake in NEM. In the NXT thread is a guy who has all the stats on those who forge. The distribution really isn't that wide. It drives home the complaint about NXT being true. (A few large stakeholders) So now we have guys showing up on here trying to discredit NEM by putting it under the same umbrella as NXT. It makes perfect sense as NEM is probably the biggest threat to NXT at the moment from what I see.

L-O-L internet.

Since forging isn't intended as a means of distribution, how is that relevant?

I'm a NEM stakeholder and cautiously optimistic for its prospects... but to be honest, the bulk of what I see here are logos and bitching/complaining/defending NEM's stakes. In Nxt-land we're banging out the last few client bugs in the asset exchange. Not a lot here to make a reasonable Nxt holder shake at the knees.

This is said with much respect as a NEM holder -- any notion that negativity is coming from Nxters is a fairy tale, we're too busy testing and coding new services (I only visit this thread once a week to check stakeholder status).

I guess that is quite optimistic

Likely not all are testing and coding. 1 - 2 weeks ago it was talked about hoarding

(I meant not to poke NXT or Nexters, as I support both NXT and NEM - just trying to pick up the facts and possibilities)

I'm a NEM stakeholder and I've been involved with Nxt since the beginning. I can say honestly say that the majority of Nxters are pulling for NEM and hope it succeeds. I can't remember anyone discussing NEM in the massive Nxt thread. Swartzfeger is right, Nxters are far too busy to be negative about other crypto's.

Vast majority (if not everyone) in nxt thread is a stakeholder in Nem as utopianfuture (and all other Nem developers) had some kind of nxt history.

jkoil is living in fantasy land.

I haven't earlier seen people jumping to the walls due to so light statement

Why did it hurt so? ?

You can't deny that there has been NXT hoarding problem. Ok, this was on the table 4 weeks, not 2 weeks ago, but anyway
https://bitcointalksearch.org/topic/m.5384028
https://bitcointalksearch.org/topic/m.5384527
and I guess the problem still exist.

Do you claim that those hoarders are currently testing and coding?
Do you claim that all Nxters are in NXT thread?
Do you claim that you know all the people, who own NXT's?
Do you claim that majority of the owners of 28000 NXT accounts are in NXT thread or testing?

No, no, no, no.
Therefore can be said that you cannot say, what some Nxt owner is writing somewhere. Or even writing in this thread, not in any fantasy land.

SBOSS

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Start your Own Cryptocurrency Exchange

$0.00005 is really low, only like $50 per stake.
If it was that low, I would buy up like 20-50 stakes.

I was an early NxT holder and trust me that coin would had hit minimum 300 million if there wasn't all the FUD (accurate fud, though) about NxT's IPO.

If NEM delivers on features and avoids the ill-reputations, it could go to the moon.

The Project

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New coin. Random Dif every hour!!!

https://bitcointalksearch.org/topic/annrnd-randomcoin-random-dif-every-hour-no-premineexchange-ready-530285

conbos

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Activity: 94

Merit: 10

Some money movement should exist; otherwise how cam we add value to NEM. I want to NEM succeed ad for that, I aware I should invest my stake to give the coin some value

raymarius

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Activity: 81

Merit: 10

Quote from: UtopianNow on March 25, 2014, 10:09:19 AM

Quote from: Zimmermann on March 25, 2014, 10:01:54 AM

Quote from: UtopianNow on March 25, 2014, 09:49:02 AM

Quote from: Zimmermann on March 25, 2014, 09:39:38 AM

That is nothing in regard of the excepted value. I don't like to say someone should sell his stake directly to me, but in case this persons don't want to have that stake, he or she can sell it to me! I would be REALLY glad to get some stakes for 4-5 BTC!

@ all: Post me after launch if you want to sell your stake! I'll give you about 4-5 btc per stake!! please remember me!!!!!!!!!!

This is business. As an investment opportunity NEM has potential, but it could fail, so the greatest risk/reward is now for those who can afford to invest. I am prepared to take the risk now, and I am fortunate enough to have the means.

I will show my capacity to make this offer before anyone trades. NXT or bitcoin doesn't matter as I have both, but I do prefer NXT.

I am serious. Please don't joke about buying NEM stakes if you don't have the means.

As you already said "this is business".

In my last two posts I already made clear that I'm willing to buy NEM for that price - I'm not joking when I do business!

Then we are two buyers in the market for NEM stakes.

Both are good offers but no thanks, I am holding mine for at least a full year call me crazy but I really believe anyone selling their stakes right now will never be able to forgive himself when NEM becomes big. If NEM flops you are losing at most 50 bucks not a disaster if it succeeds who knows what it can be worth. Friends hold tight, help build the coin and we can all be winners

Sportfreund1488

member

Activity: 83

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where is the remaining list? same thing how emnunie? we have since 2 days the end of the weekend.

joninoakland

newbie

Activity: 22

Merit: 0

Quote from: swartzfeger on March 24, 2014, 09:30:45 PM

Quote from: joninoakland on March 24, 2014, 06:41:24 PM

I was browsing the NXT thread which I learned about after someone pointed out how to get a stake in NEM. In the NXT thread is a guy who has all the stats on those who forge. The distribution really isn't that wide. It drives home the complaint about NXT being true. (A few large stakeholders) So now we have guys showing up on here trying to discredit NEM by putting it under the same umbrella as NXT. It makes perfect sense as NEM is probably the biggest threat to NXT at the moment from what I see.

L-O-L internet.

Since forging isn't intended as a means of distribution, how is that relevant?

I'm a NEM stakeholder and cautiously optimistic for its prospects... but to be honest, the bulk of what I see here are logos and bitching/complaining/defending NEM's stakes. In Nxt-land we're banging out the last few client bugs in the asset exchange. Not a lot here to make a reasonable Nxt holder shake at the knees.

You can go through the blocks and see how many people are forging. From that data one can infer how wide the distribution is. I didn't go through the guy's code, but his post seemed reasonable. Thats how it is relevant.

I am not talking about "reasonable stake holders", I'm talking about the people who got in early and might have the majority of their networth derived from NXT or inside NXT.

amdfxman1701

sr. member

Activity: 367

Merit: 250

Quote from: raymarius on March 25, 2014, 07:24:46 AM

why are all sockpockets so keen to announce how many stakes they have

does it make any logical sense

Which leaves us to conclude some people just wants to sabotage NEM.

Possible. But I also think a lot of these people are simply nxt trolls lying through their teeth. Could also be disgruntled sockpuppet owners who got caught.

gaazje

sr. member

Activity: 452

Merit: 250

There seems to be a lot of envy from the ones that didn't become stakeholder.
Please start trolling somewhere else, this No Envy Movement is not a place for
you anyway..

randombit

legendary

Activity: 1447

Merit: 1028

We have an actual Market Price for NEM

5 BTC : 1.000.000 NEM =

0.000005 BTC for 1 NEM Grin

a better start compared to Nxt ))

Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 272. (Read 661498 times)