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Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 386. (Read 661525 times)

hero member
Activity: 834
Merit: 524
Nxt NEM

People plz don't go over board. I know things are really active in here and theres a lot going on but don't quit your jobs !

Let's say every stakeholder will get 1 Mio NEM (it'll probl. be more but we don't have an exact number jet)
Say NEM were to hit 1 Cent really soon (which is somewhat optimistic imho) that would mean every stakeholder would own 10k USD. That's not enough to live ! At least not for long.


well, how about that kid having 10 stakes? What will he think, when counting the money and thinking his living Smiley
newbie
Activity: 45
Merit: 0
A point that concerns me more is, how are we going to be as a product? What value will be giving to potential users to choose NEM instead of come other coin. This would be the single most important factor in NEMS success.

- Can we provide price stability for merchants to accept it
- Would the wallet be user friendly and simple to use for an average person like me
- Will the wallet be secure from hacking, this could be a selling point ( most secure wallet)
- Energy efficient vs bitcoin is good but average users unfortunately would not care as much.
- Emunie type wallet where people can have unique wallet names(DNS type) instead of numbers would be good.
- Can the wallet be used in cellphone like M-pesa ( this could be important )
- Wallet containing some token coins would be nice enticement for new users

even with all these features we would be just a decent coin, NEM needs a killer app to truly become big.
What can we provide that the average user wants that no other crypto or payment system does right now?







Basicly we need a user friendly wallet. As I saw the first time NXT-client i was shocked about the colors and frames and thought I was back in 1989 playing some amiga-games ! Furthermore NXT client doesn't run stable at all. We would be silhouetted against NXT for example with a stable and fluently running client. So these should be the primary aims of NEM.
sr. member
Activity: 382
Merit: 256
Worked up my first NEM logo, obviously my graphic skills are top notch and this was many hours of thought, labor and sweat.  You have my permission to stamp it official.




WTF?

+1   glad to see that the first comment wasn't "I love these, I love that"




Nice logo, I like the detail that's gone into the design.  The tide is turning...
hero member
Activity: 834
Merit: 524
Nxt NEM
Worked up my first NEM logo, obviously my graphic skills are top notch and this was many hours of thought, labor and sweat.  You have my permission to stamp it official.




WTF?

+1   glad to see that the first comment wasn't "I love these, I love that"


sr. member
Activity: 420
Merit: 250
A point that concerns me more is, how are we going to be as a product? What value will be giving to potential users to choose NEM instead of come other coin. This would be the single most important factor in NEMS success.

- Can we provide price stability for merchants to accept it
- Would the wallet be user friendly and simple to use for an average person like me
- Will the wallet be secure from hacking, this could be a selling point ( most secure wallet)
- Energy efficient vs bitcoin is good but average users unfortunately would not care as much.
- Emunie type wallet where people can have unique wallet names(DNS type) instead of numbers would be good.
- Can the wallet be used in cellphone like M-pesa ( this could be important )
- Wallet containing some token coins would be nice enticement for new users

even with all these features we would be just a decent coin, NEM needs a killer app to truly become big.
What can we provide that the average user wants that no other crypto or payment system does right now?




member
Activity: 98
Merit: 10
legendary
Activity: 1218
Merit: 1004
got 65 likes after 10 hours on fb, lookin good.

will start another campagne to get NEM more and more public Smiley
sr. member
Activity: 420
Merit: 250


Please do try to activate people and try to motivate them on engaging in this community but please DO NOT try to do this by bending or changing the initial deal/rules and by forcing them to post anything not worth posting on a forum just for the sake of it.
[/quote]

I have to agree that no one should be scrapped.  Yes there will be a few fake accounts but it would be much more sinister if an individual or two were wrongfully cut out.  My close friend who has been buying and mining BitCoin for the past eight months thinks there is no value in the alt coins and feels bitcoin will simply absorb any valid competitive attributes, he had NO account on bitcointalk and I convinced him to get on here and help fund this movement.  When NEM launches it will probably be worth less or close to what we put in, so someone with 10BTC could buy 100 stakes in seconds after it hits the exchange.  The real focus should be getting the word out and not wasting time on this.  
[/quote]

excellent point made by Shawn. We should instead do more in promoting nem
member
Activity: 113
Merit: 10
hero member
Activity: 518
Merit: 504
i think all stake holders in group 3 of the statistics spread sheet should be scrapped.. no one that has just heard of nxt/nem/btc would simply open an acc just to apply for that and never use it again.. and like it says it some acc's show activity.. AFTER the stats are done and ppl realise they are in the bottom group they try and build up usage to get out of it to try and protect their multiple shares! i think community should vote on this! if you remove these inactive acc's which contribute nothing to the community and will most likely be merged with other multiple sock puppet acc's every one else will get a larger stake but still evenly distributed and you wont end up with 10/15 guys with 40/50 shares or more.. those acc's should be removed!

That is complete BS.  I made an account just to be part of this.  I was one of the first 2000 owners of NXT, liked the idea but was more fond of this more egalitarian approach.  I never felt the urge to post on this forum because I think that you should only post something if you have something interesting to add.  What you're saying is that if someone has posted posts like 'to da moon!'  or 'how much you think crapcoin X will be worth in 2015' in the past has more rights than someone who doesn't post crap like that?  Maybe I will contribute somewhere along the way, maybe on this forum, maybe somewhere else.  You don't know.

Maybe we should scrap all the accounts who actively try to slim down the total amount of accounts just to end up with a bigger share of the cake themselves, like you're doing right now.

Please do try to activate people and try to motivate them on engaging in this community but please DO NOT try to do this by bending or changing the initial deal/rules and by forcing them to post anything not worth posting on a forum just for the sake of it.

I have to agree that no one should be scrapped.  Yes there will be a few fake accounts but it would be much more sinister if an individual or two were wrongfully cut out.  My close friend who has been buying and mining BitCoin for the past eight months thinks there is no value in the alt coins and feels bitcoin will simply absorb any valid competitive attributes, he had NO account on bitcointalk and I convinced him to get on here and help fund this movement.  When NEM launches it will probably be worth less or close to what we put in, so someone with 10BTC could buy 100 stakes in seconds after it hits the exchange.  The real focus should be getting the word out and not wasting time on this.  
sr. member
Activity: 420
Merit: 250
Guys have u heard of M-Pesa its a becoming huge. Maybe we can learn from its success.

 Why does Kenya lead the world in mobile money?
May 27th 2013, 23:50 by T.S.

PAYING for a taxi ride using your mobile phone is easier in Nairobi than it is in New York, thanks to Kenya’s world-leading mobile-money system, M-PESA. Launched in 2007 by Safaricom, the country’s largest mobile-network operator, it is now used by over 17m Kenyans, equivalent to more than two-thirds of the adult population; around 25% of the country’s gross national product flows through it. M-PESA lets people transfer cash using their phones, and is by far the most successful scheme of its type on earth. Why does Kenya lead the world in mobile money?

M-PESA was originally designed as a system to allow microfinance-loan repayments to be made by phone, reducing the costs associated with handling cash and thus making possible lower interest rates. But after pilot testing it was broadened to become a general money-transfer scheme. Once you have signed up, you pay money into the system by handing cash to one of Safaricom’s 40,000 agents (typically in a corner shop selling airtime), who credits the money to your M-PESA account. You withdraw money by visiting another agent, who checks that you have sufficient funds before debiting your account and handing over the cash. You can also transfer money to others using a menu on your phone. Cash can thus be sent one place to another more quickly, safely and easily than taking bundles of in person, or asking others to carry it for you. This is particularly useful in a country where many workers in cities send money back home to their families in rural villages. Electronic transfers save people time, freeing them to do other, more productive things instead.

Dozens of mobile-money systems have been launched, so why has Kenya’s been the most successful? It had several factors in its favour, including the exceptionally high cost of sending money by other methods; the dominant market position of Safaricom; the regulator's initial decision to allow the scheme to proceed on an experimental basis, without formal approval; a clear and effective marketing campaign (“Send money home”); an efficient system to move cash around behind the scenes; and, most intriguingly, the post-election violence in the country in early 2008. M-PESA was used to transfer money to people trapped in Nairobi's slums at the time, and some Kenyans regarded M-PESA as a safer place to store their money than the banks, which were entangled in ethnic disputes. Having established a base of initial users, M-PESA then benefitted from network effects: the more people who used it, the more it made sense for others to sign up for it.

M-PESA has since been extended to offer loans and savings products, and can also be used to disburse salaries or pay bills, which saves users further time and money (because they do not need to waste hours queuing up at the bank). One study found that in rural Kenyan households that adopted M-PESA, incomes increased by 5-30%. In addition, the availability of a reliable mobile-payments platform has spawned a host of start-ups in Nairobi, whose business models build on M-PESA’s foundations. Mobile-money schemes in other countries, meanwhile, have been held up by opposition from banks and regulators and concerns over money-laundering. But M-PESA is starting to do well in other countries, including Tanzania and Afghanistan, and last month it was launched in India. At the same time, operators in some other countries are doing an increasingly good job of imitating it. Some of the factors behind Kenya's lead cannot be copied; but many of them can, which means it should eventually be possible for other countries to follow Kenya's pioneering example
member
Activity: 97
Merit: 10
Is there a development bounty for a client?

F*** a bounty...  just HIRE wesleyh...  SERIOUSLY!!!    Grin

...and don't be cheap either...    Wink

+1000

I like the looks of the client of Marcus as well.
full member
Activity: 165
Merit: 104
You know how i heard of nem.....i saw a picture posted on the nxt forums with 3 girls showing their behinds ( with underwear of course). One had NXT on it, one had NEM on it, and a dressed down lady right at the back just watching with NEX on her. It said something about nex just stands at the back watching with envy wishing it was them, or something like that.  Grin

That was how I also found out NEM the first time Cheesy!
member
Activity: 80
Merit: 10
Utopian, could you give any time frame for the distribution of the coins? Thanks for all the work you put in.


Sorry nothing definite at the moment. But I can have a way so that you can sell/ buy your stakes within 1 months when the fund raising is over. 

@Utopian

Is this still relevant since NEM is being written with new code? Smiley

YES. I do have some unannouced plans.

Oooo, how cryptically exciting! Awesome! Smiley When can we expect to hear these unannounced plans? Cheesy

Can't wait to hear those !
sr. member
Activity: 420
Merit: 250
Kamehameha!!!
Worked up my first NEM logo, obviously my graphic skills are top notch and this was many hours of thought, labor and sweat.  You have my permission to stamp it official.




WTF?
sr. member
Activity: 308
Merit: 250
Is there a development bounty for a client?
sr. member
Activity: 348
Merit: 250
Between my NEM stake & a 4 million pile of Reddcoin I'm sitting on I will be putting in my 30 day notice at work Friday.
You don't know what the future holds. I'm still going to continue starving myself and looking for work, even Nem if gives a good return.

People plz don't go over board. I know things are really active in here and theres a lot going on but don't quit your jobs !

Let's say every stakeholder will get 1 Mio NEM (it'll probl. be more but we don't have an exact number jet)
Say NEM were to hit 1 Cent really soon (which is somewhat optimistic imho) that would mean every stakeholder would own 10k USD. That's not enough to live ! At least not for long.

Also you have to figure out how to get it into fiat (not everything at once people NEM is supposed to survive remember ?) and then onto your bank account in a way so the state won't rob you (I'm talking about taxes).

Calm your horses Smiley

+1
full member
Activity: 232
Merit: 100
Between my NEM stake & a 4 million pile of Reddcoin I'm sitting on I will be putting in my 30 day notice at work Friday.
You don't know what the future holds. I'm still going to continue starving myself and looking for work, even Nem if gives a good return.

People plz don't go over board. I know things are really active in here and theres a lot going on but don't quit your jobs !

Let's say every stakeholder will get 1 Mio NEM (it'll probl. be more but we don't have an exact number jet)
Say NEM were to hit 1 Cent really soon (which is somewhat optimistic imho) that would mean every stakeholder would own 10k USD. That's not enough to live ! At least not for long.

Also you have to figure out how to get it into fiat (not everything at once people NEM is supposed to survive remember ?) and then onto your bank account in a way so the state won't rob you (I'm talking about taxes).

Calm your horses Smiley

It's great to see the enthousiasm from everyone though =)
newbie
Activity: 17
Merit: 0
Between my NEM stake & a 4 million pile of Reddcoin I'm sitting on I will be putting in my 30 day notice at work Friday.
You don't know what the future holds. I'm still going to continue starving myself and looking for work, even Nem if gives a good return.

People plz don't go over board. I know things are really active in here and theres a lot going on but don't quit your jobs !

Let's say every stakeholder will get 1 Mio NEM (it'll probl. be more but we don't have an exact number jet)
Say NEM were to hit 1 Cent really soon (which is somewhat optimistic imho) that would mean every stakeholder would own 10k USD. That's not enough to live ! At least not for long.

Also you have to figure out how to get it into fiat (not everything at once people NEM is supposed to survive remember ?) and then onto your bank account in a way so the state won't rob you (I'm talking about taxes).

Calm your horses Smiley

+1
hero member
Activity: 924
Merit: 500
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