[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 274.

mikesbmw

sr. member

Activity: 338

Merit: 250

Quote from: Jaguar0625 on March 24, 2014, 10:51:20 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.

We did an analysis about two months ago of the NXT forging fee distribution:

Quote

I did a quick analysis on the distribution of forging fees. It looks like 95% of fees are going to accounts of at least 10M. So, there's really no incentive for anyone with less than 10M to forge. I think we can do better.

NXT
Total Fees 766363
Blocks 56322
Fee/Block 13.61

10000 8478 1.11%
100000 13751 0.69%
1000000 28774 1.96%
10000000 366177 44.03%
100000000 761813 51.63%
1000000000 766363 0.59%

One more table showing that only 161 (~0.7%) accounts made at least 100 NXT in forging fees.

Total Fees # Accounts
1 621
10 351
100 161
1000 54
10000 13
100000 1
1000000 0

Just out of curiosity, could you do the same for NEM after they have been live for 4 months?
It would be very interesting to see the development of the stakes.

My guess would be that after a few months you will see a majority of small stakes and a few very large ones.
People with BTC to spare can gain very quick in the first few months.
Most people will sell 50%+ in the first few days/weeks during peaks and cash out. After this period you will see a low and that's where you can get big.

It's the same in every crypto.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Now take a look at Mr. zanzibar profile https://bitcointalksearch.org/user/zanzibar-218947. Did he say he had 12.000 BTC when btc was 10 cent? So what is more probable.

1. Mr. zanzibar cared so much about NEM to buy about 25 stakes and now he somewhat changed his mind and decided to defame NEM ?
2. Mr. zanzibar is a big NXT whale and the whose intention of his post here is defame NEM to protect his interest.

We should thanks Mr.zanzibar to courageously use your somewhat normal account to spread lies about NEM. Perhaps you think that will give more weight to your post? It would be harder for me to make the same point if you create a newbie account for your purpose instead.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

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.

No one talks about the normal average Nxt holders. If someone holds 300k nxt or less, he will probably happy with nem development. But there will be a couple of very big nxt holders who are not very happy with anything remotely being a nxt competitor.

Should I really have to spell it out as I thought it is pretty clear since the incident when Mr skew comes here and made a scene.

Now here is my message to these nxt whales. Stop coming here and spreading lies because anything you do of that nature will come back to bite you in the ass. You should better focus on nxt land making progress, sharing your wealth, making bounties etc. do some positive things instead.

Eadeqa

hero member

Activity: 644

Merit: 500

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.

johnV

newbie

Activity: 18

Merit: 0

Quote from: cryptomite on March 24, 2014, 09:56:26 PM

Im on the waiting list and Im really hoping to get in. I just got into this crypto scene. Its so weird compared to everyday life. A whole world I didnt know existed.

I was just at another place on this site where they are like a bunch of lunatics, purposely forking coins ( I know what it is now! )
:)that they think are bad.

Then I see here where everyone is excited about a coin. Wow what a difference. The crypto world is amazing. Would you say this is still considered the beginning? Of the crypto world?

Welcome, don't get involved with the greedy people. They dont' give a sh@t about NEM rules.

cgminer-o

sr. member

Activity: 350

Merit: 250

1$ =1 MEC 2013 (2,56 $) 5$ =1MEC 2014 ?

Quote from: ?? on ??

Quote from: zanzibar on March 24, 2014, 04:05:59 PM

Quote from: utopianfuture on March 24, 2014, 07:00:43 AM

Quote from: bitsire on March 24, 2014, 06:52:24 AM

So just to confirm, regardless of whether you sent in a NXT donation or simply expressed your interest in NEM before the cutoff page, all initial stakeholders on the list will receive an equal portion of NEM correct?

Also, will it later be possible to purchase additional NEM before launch? I really believe in this project so if there is any way to increase one's holdings (ethically of course, I'm not talking sockpuppets or anything) then I would be all for it!

Yes, all stakeholders in the list will receive an equal amount of NEM. I will figure a way to allow trading before the official launch to increase the liquidity and and establish NEM value but it will only happens when the list is finalized after taking out refunding list and adding in the waiting list.

Thanks for your support. It is an open question on what kind of value NEM can reach upon trading starts.

That is great, I have about 25 NEM accounts, so I'll definitely be selling several of those, but probably keep about 15.

if it is true, you are disgusting!!
you, son of bitch!!

-1

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: zrunfeng on March 25, 2014, 01:20:53 AM

Any Plans to put some funds aside for bounties, giveaways and faucets? I think both are a good idea. Bounties help it grow. Faucets and giveaways attract new people to the coin.

Yes there plans regarding things of that nature. Will be announced soon along with some other stuff.

patmast3r

hero member

Activity: 980

Merit: 1001

Quote from: TauMuon on March 24, 2014, 08:42:18 PM

...

It's also quite interesting that these large sockpuppeteers never seem to know exactly how many stakes they own. Bit odd...

That part is actualy believable. During auditing I found some connected transactions which where never used to buy a stake

I guess they just made many transactions and then used the hashes as needed.

zrunfeng

hero member

Activity: 585

Merit: 500

Any Plans to put some funds aside for bounties, giveaways and faucets? I think both are a good idea. Bounties help it grow. Faucets and giveaways attract new people to the coin.

Jaguar0625

sr. member

Activity: 299

Merit: 250

Quote from: zanzibar on March 24, 2014, 10:50:10 PM

Quote from: jkoil on March 24, 2014, 10:25:53 PM

Quote from: zanzibar on March 24, 2014, 10:15:12 PM

Should we repect your words, you've only been in crypto for a couple months, oh let me guess "I've been in crypto a long time, but only recently joined BTT" I wouldn't worry about me, I know at least 2 guys with 50+ NEM accounts, and they are notorious pump and dumpers.

You know them ... are they your friends?
What is your opinion about pump & dump?

Don't know anyone here personally, but I recognize usernames in the NEM stakeholder thread, been here a long time and they do it with every IPO except a few. Made a lot pumping and dumping, once I see an alt hit top 10 crytpocap, I dump it all.

So, you are saying that because they are in the stakeholder list they must have 50+ accounts? Or, these people who you don't know personally told you that they have 50+ accounts?

Jaguar0625

sr. member

Activity: 299

Merit: 250

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.

We did an analysis about two months ago of the NXT forging fee distribution:

Quote

I did a quick analysis on the distribution of forging fees. It looks like 95% of fees are going to accounts of at least 10M. So, there's really no incentive for anyone with less than 10M to forge. I think we can do better.

NXT
Total Fees 766363
Blocks 56322
Fee/Block 13.61

10000 8478 1.11%
100000 13751 0.69%
1000000 28774 1.96%
10000000 366177 44.03%
100000000 761813 51.63%
1000000000 766363 0.59%

Quote

One more table showing that only 161 (~0.7%) accounts made at least 100 NXT in forging fees.

Total Fees # Accounts
1 621
10 351
100 161
1000 54
10000 13
100000 1
1000000 0

zanzibar

hero member

Activity: 715

Merit: 500

Quote from: jkoil on March 24, 2014, 10:25:53 PM

Quote from: zanzibar on March 24, 2014, 10:15:12 PM

Should we repect your words, you've only been in crypto for a couple months, oh let me guess "I've been in crypto a long time, but only recently joined BTT" I wouldn't worry about me, I know at least 2 guys with 50+ NEM accounts, and they are notorious pump and dumpers.

You know them ... are they your friends?
What is your opinion about pump & dump?

Don't know anyone here personally, but I recognize usernames in the NEM stakeholder thread, been here a long time and they do it with every IPO except a few. Made a lot pumping and dumping, once I see an alt hit top 10 crytpocap, I dump it all.

Hollowman338

legendary

Activity: 1246

Merit: 1000

Out who you can out, but beyond that, don't waste time with these fucking idiots. "I know a guy with 500 sockpuppets!, I have 90 myself lol!!!!!!111one"

Blah Blah Blah, Sure you do, asshole.

So where do we stand, utopian? What is the path forward from here?

Edited to add: Some people choose to be miserable and love to spread misery. The sun is always shining, clouds just get in the way sometimes.

msin

legendary

Activity: 1470

Merit: 1004

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.

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: zanzibar on March 24, 2014, 10:15:12 PM

Should we repect your words, you've only been in crypto for a couple months, oh let me guess "I've been in crypto a long time, but only recently joined BTT" I wouldn't worry about me, I know at least 2 guys with 50+ NEM accounts, and they are notorious pump and dumpers.

You know them ... are they your friends?
What is your opinion about pump & dump?

zanzibar

hero member

Activity: 715

Merit: 500

Quote from: utopianfuture on March 24, 2014, 06:42:02 PM

Quote from: jkoil on March 24, 2014, 06:18:22 PM

Quote from: zanzibar on March 24, 2014, 04:05:59 PM

Quote from: utopianfuture on March 24, 2014, 07:00:43 AM

Quote from: bitsire on March 24, 2014, 06:52:24 AM

So just to confirm, regardless of whether you sent in a NXT donation or simply expressed your interest in NEM before the cutoff page, all initial stakeholders on the list will receive an equal portion of NEM correct?

Also, will it later be possible to purchase additional NEM before launch? I really believe in this project so if there is any way to increase one's holdings (ethically of course, I'm not talking sockpuppets or anything) then I would be all for it!

Yes, all stakeholders in the list will receive an equal amount of NEM. I will figure a way to allow trading before the official launch to increase the liquidity and and establish NEM value but it will only happens when the list is finalized after taking out refunding list and adding in the waiting list.

Thanks for your support. It is an open question on what kind of value NEM can reach upon trading starts.

That is great, I have about 25 NEM accounts, so I'll definitely be selling several of those, but probably keep about 15.

That is not possible, coz "I" means 1 and it is not equal to 25.
25 would require 25 people. Can you split into 25 persons?
Well, I doubt ... and think that your story is not true as you are not even interested in counting the exact number of "your accounts"

We should respect his words because he had 20 thousand Bitcoin when Bitcoin was 10 cent. He may even be Satoshi himself.

Should we repect your words, you've only been in crypto for a couple months, oh let me guess "I've been in crypto a long time, but only recently joined BTT" I wouldn't worry about me, I know at least 2 guys with 50+ NEM accounts, and they are notorious pump and dumpers.

jkoil

hero member

Activity: 834

Merit: 524

Nxt NEM

Quote from: swartzfeger on March 24, 2014, 09:55:52 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

So you find one or two people and that means every Nxt holder is fearful of NEM? We're all trolling against NEM now?

False narratives don't make NEM stronger, new/differentiating features make NEM stronger. Whipping up false drama and controversy to give you a sense that NEM is a threat and all the big dogs are gunning for you is counterproductive.

I'm going to go back to the secret Nxt hideout where we pretend to test the asset exchange but secretly tremble in fear of NEM Tongue

Good luck, NEMers. I think we have a lot to look forward to here in the next few months!

Apparently you missed my edition in the prev post.

Who is saying "every Nxt holder is fearful of NEM" ? ? ?
Who is "Whipping up false drama " ?

Edit:
Look who's talking

That would be the first task. After that can be evaluated, what is the drama, who is overreacting, and who has the whip

cryptomite

full member

Activity: 304

Merit: 100

Im on the waiting list and Im really hoping to get in. I just got into this crypto scene. Its so weird compared to everyday life. A whole world I didnt know existed.

I was just at another place on this site where they are like a bunch of lunatics, purposely forking coins ( I know what it is now! )
:)that they think are bad.

Then I see here where everyone is excited about a coin. Wow what a difference. The crypto world is amazing. Would you say this is still considered the beginning? Of the crypto world?

swartzfeger

full member

Activity: 350

Merit: 100

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

So you find one or two people and that means every Nxt holder is fearful of NEM? We're all trolling against NEM now?

False narratives don't make NEM stronger, new/differentiating features make NEM stronger. Whipping up false drama and controversy to give you a sense that NEM is a threat and all the big dogs are gunning for you is counterproductive.

I'm going to go back to the secret Nxt hideout where we pretend to test the asset exchange but secretly tremble in fear of NEM Tongue

Good luck, NEMers. I think we have a lot to look forward to here in the next few months!

chen15168

newbie

Activity: 33

Merit: 0

Cool !! Cool!! Grin

Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 274. (Read 661498 times)