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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 28. (Read 661498 times)

newbie
Activity: 40
Merit: 0
Some people on the asset exchange have upwards of 12 stakes.  I saw multiple accounts with over 10 just scanning through. Some big holders are beginning to form.

This is to be expected on the NXT AE, but I think it's only possible to claim 2 stakes once NEM is officially launched to avoid such hoarding.

Can someone who's more well informed verify that this is in fact the case.  Thanks in advance and dev's keep up the great work!
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Whales will buy anyway, it is the cheap sellers that I am worried about.



these are people with little faith in nem.. so i wouldnt say its the worst thing if they sell cheap!

Yeah, a self-selecting mechanism seems to be at work.
full member
Activity: 165
Merit: 104
SWARM team has now its own Twitter account: https://twitter.com/NEM_SWARM

In case you would like to know about our SWARMS and participate in them please follow!
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Whales will buy anyway, it is the cheap sellers that I am worried about.

hero member
Activity: 834
Merit: 524
Nxt NEM
Some people on the asset exchange have upwards of 12 stakes.  I saw multiple accounts with over 10 just scanning through. Some big holders are beginning to form.

I almost guessed that happening  Undecided



i dont think it will effect nem that much.. if a whale wants a large amount of a currency.. they will usually acquire it one way or another.. whether its buying up cheap now or manipulation of the market after launch.. so it makes no odds really.. lets just hope these are the type of whales to put up bounties and give donations and fund conferences ect..

yea, that was to be expected ...
Later it will be seen, what has been the motivation of the sockpuppets, whales, early birds, and also who they are. Eg. are they coming from this thread  https://bitcointalksearch.org/topic/i-am-pretty-confident-we-are-the-new-wealthy-elite-gentlemen-12156

hero member
Activity: 826
Merit: 500
How much is a stake going for on the NXT asset exchange?
hero member
Activity: 834
Merit: 524
Nxt NEM
Some people on the asset exchange have upwards of 12 stakes.  I saw multiple accounts with over 10 just scanning through. Some big holders are beginning to form.

I almost guessed that happening  Undecided

hero member
Activity: 616
Merit: 500
I read this about another coin. "The transactions in a block are hashed in a Merkle root tree unlike Nxt which just hashed the concatenation.  The Merkle root is resistive to quantum cryptography attacks and allows for SPV based clients to be implemented."

In the future if a quantum computer is possible, will NEM have any resistance to a quantum cryptography attack?

Experimental Evidence Confirms That D-Wave Systems Quantum Computers Are Truly Quantum
http://www.businessinsider.com/d-wave-systems-2014-6



Here is a story from Wired on that as well:

http://www.wired.com/2014/05/quantum-computing/
newbie
Activity: 16
Merit: 0
I read this about another coin. "The transactions in a block are hashed in a Merkle root tree unlike Nxt which just hashed the concatenation.  The Merkle root is resistive to quantum cryptography attacks and allows for SPV based clients to be implemented."

In the future if a quantum computer is possible, will NEM have any resistance to a quantum cryptography attack?

Experimental Evidence Confirms That D-Wave Systems Quantum Computers Are Truly Quantum
http://www.businessinsider.com/d-wave-systems-2014-6

sr. member
Activity: 278
Merit: 250
Some people on the asset exchange have upwards of 12 stakes.  I saw multiple accounts with over 10 just scanning through. Some big holders are beginning to form.
newbie
Activity: 2
Merit: 0
full member
Activity: 142
Merit: 100
All the good exchange
Like

Mintpal
Bter
Btc38

Will be at automatic
Nem coin when they will see how good coin is it

So for now must nem coin begin and then will come the exchanges
Like


Huobi    https://www.huobi.com/
Okcoin   https://www.okcoin.com/

 Grin Grin Cheesy Grin
newbie
Activity: 33
Merit: 0
a few more threadpages and we got vertcoin Smiley
legendary
Activity: 2408
Merit: 1004
All the good exchange
Like

Mintpal
Bter
Btc38

Will be at automatic
Nem coin when they will see how good coin is it

So for now must nem coin begin and then will come the exchanges
member
Activity: 75
Merit: 10
Keep on voting for NEM guys!!!


https://hitbtc.com/vote

Huh?
How are they supposed to add NEM if it isn't even released yet?

Even if they didn't add us... It's all about the buzz my friend. Nem at the top of that list draws attention form supporters of all those coins as well as the hit btc crew. There is no bad publicity.
member
Activity: 96
Merit: 10
Keep on voting for NEM guys!!!


https://hitbtc.com/vote

Huh?
How are they supposed to add NEM if it isn't even released yet?
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Seems utopianfuture already accepts donations in NEM.

This is from his signature:
NEM donation: TD53NLTDK7EMSutopiaK4RSYQ523VBS3C62UMJC5

Is this the NEM address format?

Getting closer.  Smiley

are they all going to have "utopia" in the middle? lol

That would be cool, but I don't think so.

Those are just alpha testing addresses. Gimre searched to find priv keys for addresses that would somewhat resemble our names.
Mine would be TDPATEMA4HXS7D44AQNT6VH3AHKDSNVC3MYROLEZ Smiley

PS I wish the end was RULEZ but ROLEZ is close enough  Grin

That's great!

Like I said, I have only one question, when can I get mine?  Grin

hero member
Activity: 644
Merit: 500

There were a couple assets bigger than NEM but they were entirely within the NxT system, e.g, NxT holders buying the new assets (NxT to assets).  NEM, although hosted on the same asset exchange, brought in new people who were paying premium prices for NxT in order to buy NEM (BTC to NxT to NEM).

Sianote was a third party IPO. The issuer made like close to 2 million Nxt in two or three days, and developer ended the IPO
hero member
Activity: 980
Merit: 1001
why the coin is so expensive?

Your answer can be found on the first page.

- Fair distribution (call for participation) with 3000 stakeholders
- Proof of intent (distinct form proof of work and proof of stake)
- Large, skilled, development team.  Gimre and Jagaur were contributors to NxT.  The other developers had roles in other successful coins.



Is Proof of intent the same as Proof of Importance?

Yep.  Sometimes it's also called proof of interest.  I think the importance is the more official lingo.
Thanks. I thought I may have missed some new information.

I think it's always called proof of importance. Both interest and intent - Never heard of them  Smiley
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