Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 295. (Read 661499 times)

Just one more question about that previous issue, which lies behind the smokescreen:
 transparency ?

Where smokescreen discussions are? In pm's?

I too await PoI with interest...

hopefully POI will give equal chance to the little guys to forge NEM, it could be a key factor in NEMs success.  

MY COOL RAMBLINGS

Ethereum - cool - why = videos in trendy venues with hip speakers / leaders
NEM - cool - why = mass fair distribution with a no envy NEM community
Dodge - cool - why = Started as a joke but media took interests (not crypto2 but still !)
NXT - uncool - why = No distribution with chaotic decentralized indifference
Mastercoin - uncool - why = Promised much but made you poor it's rep is finished

I hope this space for the crypto2 fledglings will be whittled down to just two. All the Devs can perform great magic and the arms race will narrow. It will be our community that makes the BIG difference and i hope we are the last team standing. Now back to videos i think a meet up video would be great  

PoI does seem very intriguing!

No need for a seat belt when i'm glued to the chair at Bter !

Fasten your seat belts for POI

 I like to be part of the swarm team ?

There will be ups and downs...
I too hold and am active in NXT and when NEM is here I will spend time here too.

I hate PoW, its a personal decision, BTC will soon register as a cause of global warming the way its is soaking up the worlds energy supply for something that is a mathematical fiction and simply not needed.
Most crypto enthusiasts are sitting on mining H/W of some form and therefore tend to be enthusiastic about new coins they can rape mine with the H/W they can't use on other coins anymore..

Putting aside distribution issues PoS seems to be more about technology, innovation and driving value through use - which is a lot harder but much healthier in the long term for everyone involved.

If possible we also need to make it more than just money, for when the price stabilizes, people would want to join Nem even if they can't profit off of it.

Of the top of my head, if you have a certain amount of Nem, you can store 1gb of data. Or maybe access to a really cool website. I don't know.

It already has these!

For Nem to truly succeed, it will needs to be innovative, and have a strong community that will push it, and create business for it.

full approval

I know, how come we aren't all millionaires yet buying trips on Virgin Galactic??  ;-)

The get rich quick model is over now with alt-coins.   Maybe last September or October, but not March.  

People are actually getting educated and studying these coins before putting their BTC in.  This really wasn't happening two months ago.  It was a complete free for all pump and dump and run to the next coin.  That model worked for 20 or 30 alt coins.   Now that everyone and their pet corgi has a coin, people actually need to study up and become and educated investor.  

If you want to make a quick dime, get on the twitter feed of the known pump and dumpers and hold on.  NEM, NXT, Ethereum and a few others, with a solid mission behind it, aren't going away.  The public is still not even buying into Bitcoin.  Imagine what will happen when big business capital starts flooding into Bitcoin.  A high tide raises all ships, this will be no different for all of the alt coins.  Bitcoin will slowly start to climb back to $1k by the end of this year.  Along with it, the alt coins with true purpose and differentiation will rise as well.  

We only have one shot to launch NEM, let's follow Ethereum's lead and build massive expectation for an amazing product/platform, then deliver the game changer.  They won't know what hit them when NEM is mentioned right alongside the high flyers.  

What exactly were you expecting?

I mean since during the fundraising it has always been known that the coin is written from scratch and will be released around June.

It's something that has been talked about every week, so it's odd for someone to come out of nowhere wondering why there's no coin yet.

I would respectfully suggest reading page 1 and maybe a couple of pages back before posting. This question comes up frequently and is also answered frequently. Utopian Future, Jaguar and others provide at least weekly updates if not near daily on the various streams of work being progressed.

KC

Disclaimer: I hold NXT as well as being a stakeholder of NEM

At the moment NXT is still pretty young and as a traditional crypto-currency you can't do much with it, e.g. spend it like Bitcoin and some other alt-coins. That isn't really the point of NXT and a few things conspire against it, the coins have had to be distributed fairly quickly from a smallish number of stakeholders, if one or two dump then the price will fall. NXT is all about the long term; if it is next generation to Bitcoin then it will follow a similar path to Bitcoin taking years to realise its value. But ultimately I believe NXT will survive and grow in value. The problem at the moment is it is valued lower than many fly by night alt-coins that are copies of Bitcoin or Litecoin with a marketing spin.

What does this mean for NEM? Probably the same thing as for NXT and we should be aware of this when it launches. Some stakeholders will dump because they saw it as just another alt-coin, others will hold but become vocal and demand things are done to increase its value short-term. Me? I see it like NXT as a long term investment and being part of something new. I don't sell NXT I buy and increase my stake, I will do the same with NEM. I also speculate in small amounts with alt-currencies but after making some profit I use this to buy into my long term coins Bitcoin or NXT atm. I also invest in some short-term coins that I believe have sufficient potential and are different enough, but also spend this category in the crypto eco system to keep it growing overall.

Hope the above is not to much of a ramble, just sharing my thoughts on NXT, NEM and crypto in general.

KC

are we some behind the schedule ?
why still no sign of this coin released ?

I believe NEM will be successful but not in a financial sense, atleast not initially. We are distributed very evenly most people interested in buying NEM probably bought it already, there is less chance of price manipulation( pump and dump) Growth will probably come after a year or two with more people appreciating the message of NEM and the work of the devs and devoted community.

I totally agree with you and believe NEW will be the best secondary generation coin as its reputation is already there during the public audit of stakeholder list. And there are some other coins will also use the same stakeholder list for presale. With this fair distribution and presale, a new coin will be more successful.