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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 30. (Read 661498 times)

hero member
Activity: 617
Merit: 528
Out of curiosity: which was the 1st?

Also, does anyone have any idea when UP is going to do the next batch of AE tokens?
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Here is an enormous theft done to one of the founders of Emunie.

https://bitcointalksearch.org/topic/emunie-important-announcement-btc-theft-643298

This is the second official btc bounty offered for the head of a hacker.

All Nemsters be advised and make sure you take very good care of your accounts and passwords.
hero member
Activity: 756
Merit: 506
I agree with your conclusion.  People are buying NxT at a premium (rushing) to trade for NEM, this has an upswing effect on NxT.  As we  are seeing now, as volume declines for NEM (went from 4 million to 3.5 million), this coincides with a decrease in NxT value as the number of people looking to buy on premium is on the decline at the moment.


Here is amount of AE volume in last 30 days

http://www.cryptoassetcharts.info/assets/info

As you can see there a lot of other assets that had big volume (bigger or just as big) as Nem

Just wait 30 days !

There's no need for that long, NEM can do it in 15.

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).
full member
Activity: 182
Merit: 100
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.

they must plan on implementing something like reed solomon cos thats a long ass address!

No chance to paste a wrong address Smiley

When can I have mine? Smiley
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
I agree with your conclusion.  People are buying NxT at a premium (rushing) to trade for NEM, this has an upswing effect on NxT.  As we  are seeing now, as volume declines for NEM (went from 4 million to 3.5 million), this coincides with a decrease in NxT value as the number of people looking to buy on premium is on the decline at the moment.


Here is amount of AE volume in last 30 days

http://www.cryptoassetcharts.info/assets/info

As you can see there a lot of other assets that had big volume (bigger or just as big) as Nem

Just wait 30 days !

There's no need for that long, NEM can do it in 15.
full member
Activity: 182
Merit: 100
Not as long as my password  Smiley
Edit - AE
sr. member
Activity: 602
Merit: 268
Internet of Value
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.

they must plan on implementing something like reed solomon cos thats a long ass address!

No chance to paste a wrong address Smiley
sr. member
Activity: 602
Merit: 268
Internet of Value
I agree with your conclusion.  People are buying NxT at a premium (rushing) to trade for NEM, this has an upswing effect on NxT.  As we  are seeing now, as volume declines for NEM (went from 4 million to 3.5 million), this coincides with a decrease in NxT value as the number of people looking to buy on premium is on the decline at the moment.


Here is amount of AE volume in last 30 days

http://www.cryptoassetcharts.info/assets/info

As you can see there a lot of other assets that had big volume (bigger or just as big) as Nem

Just wait 30 days !
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.
sr. member
Activity: 476
Merit: 250
Seems utopianfuture already accepts donations in NEM.

This is from his signature:
NEM donation: TD53NLTDK7EMSutopiaK4RSYQ523VBS3C62UMJC5

Closed and closer.  Smiley

gimre is also using NEM address in his signature  Grin
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
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
There are so many coins out there. different algortithms and different features.
Hard to decide whether to invest 50% NXT and 50% NEM or 40% NXT 60% NEM.
Its so hard.  Cool

I'll be easier to decide once NEM reaches V1  Wink

To be honest, I think even people who are looking only for the safest bet/best ROI would do a smart move if they would buy NEM now. Once it becomes obvious what our devs are capable of, I think NEM will ascend closer to its real value.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
This discussion about how much of an impact NEM had on NXT is becoming holerious Smiley This should be obvious by now.

newbie
Activity: 25
Merit: 0
I don't know if other Nemsters have noticed, but I'm enjoying NEM's current independence from Bitcoin.
  • A large amount of the stake fees were paid in NXT.
  • The NEMstake tokens are issued on the NXT AE and thus are bought/sold with NXT.

I just hope it continues. If there is an alternative way of doing the upcoming auction without using the Bitcoin blockchain that'd be fantastic.


use NXT blockchain! :L

There's a downside to this: BTC is a LOT more liquid than NXT so if real funds are needed for development it's probably best they get it in BTC.  BTC is also still the most universally used crypto so it is more convenient for the most number of people to participate in the auction.
hero member
Activity: 644
Merit: 500
I agree with your conclusion.  People are buying NxT at a premium (rushing) to trade for NEM, this has an upswing effect on NxT.  As we  are seeing now, as volume declines for NEM (went from 4 million to 3.5 million), this coincides with a decrease in NxT value as the number of people looking to buy on premium is on the decline at the moment.


Here is amount of AE volume in last 30 days

http://www.cryptoassetcharts.info/assets/info

As you can see there a lot of other assets that had big volume (bigger or just as big) as Nem
full member
Activity: 224
Merit: 100
NEM Enthusiast
its ridiculous to put the increase of nxt as of late entirely down to nem.. it played a part yes but only at the start.. but a day or 2 after release the volume fell off a cliff.. if people were buying like mad to buy nem, the money that flowed into nxt would have flowed then into nem causing a rise in price but instead the price fell allot and has only just started to recover, and now the price starts to rise, coincidentally nxt is not rising, hhmmm! i cant understand how you can put the increase in nxt entirely down to nem.. it wasnt even 50% of the reason.. the rise from 40million to 47 million i would put down to nem.. dont fool yourselves into thinking it was anymore than that.. no offence but anyone who thinks its totally down to nem or even over 30-40% of the reason is just wrong.. the price of nem would be far far higher if that was the case. anyone who understands economics and how the fundamentals effect markets would know this.

So you're a professional economist then, eh?

My view is as follows: the rise in price of any security, be it a stock or cryptocurrency, is very very rarely down to just one factor. So I agree that the rise in NXT's price probably wasn't down solely to the listing of NEMstakes. What I do think is that it probably did have quite a large effect on NXT's price; just looking at the AE volume confirms that. Unless it was a coincidence, which is very unlikely.

Yes, I know that there has been some exciting news/rumours/pre-announcements from NXT, and that obviously also contributed to the swelling in price. The fact is is that no one (no one) can know EXACTLY what caused the price rise of an asset. Going as far to quote percentages and tell people they're wrong just because you're obviously quite attached to NXT is irritating and immature.

I initially wasn't going to say anything, but every time someone suggested the NXT price rise was mostly down to NEM there was always a big sprawling paragraph from yourself screaming that it wasn't. I can appreciate you having a different opinion on the exact involvement of NEM with NXT's price rise, but telling people they're wrong and quoting exact percentages like you're some economics guru has irritated me.

The exact weight of individual reasons behind a rise in price of any asset is mostly down to opinion. Please appreciate that. 
legendary
Activity: 866
Merit: 1002
NEX soon underway. Exciting times are coming. Roll Eyes

ambivalent feelings - not sure if I should cry or laugh
full member
Activity: 235
Merit: 110
HAVUJA PERKELE!
While nxt started mr.Utopian have had the best possible position to see where
cryptocoinmarket is going and based to this info (my personal opinion) i am
sure that the guys and girls who stay, will get the profit out of it. As an marketing person
i can see what others don`t.
Just stay in the path, what you have planned, no sidesteps allowed...don`t be the weathercock.
 I am also nxt investor and also not in the rush to sell it out.
hero member
Activity: 980
Merit: 1001
There are so many coins out there. different algortithms and different features.
Hard to decide whether to invest 50% NXT and 50% NEM or 40% NXT 60% NEM.
Its so hard.  Cool

I'll be easier to decide once NEM reaches V1  Wink
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