[NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 407.

crackerhead

sr. member

Activity: 252

Merit: 251

My Head is a Ritz

Quote from: wo24-7 on February 16, 2014, 08:17:30 PM

UP has already commented on this when other users were saying the same thing you just put. They have been advertising, as well as word of mouth, and other user's friends. I know 3 of my friends recently joined and sent in the 0.75 BTC required. They had no idea about crypto currency or even Bitcoin until I told them and I am even new to all this. Do you expect people who never heard of crytpo currency or NEM to automatically be a veteran user on this forum? I don't post anything but I read everyday on here and I have been ever since I heard of NEM. Doesn't make me a sock puppet account or a multiple stake holder of NEM. If they are buying more stakes than what they are allowed and trying to get away with it than hopefully they will be caught and the funds returned but if not than there is nothing we can do about it.

I completely agree. I know I can account for at least two people that created bitcointalk accounts and bought a NEM stake just because I explained it to them.
By my post count you can tell I'm rather new as well, it doesn't mean that all or most of the new accounts are "sock-puppets", I am really happy with the distribution and that's why I recommended this cryptocurrency to my friends out of all the others out there.

s111102

newbie

Activity: 37

Merit: 0

Quote from: newNEM on February 17, 2014, 12:48:21 AM

Quote from: weichao on February 17, 2014, 12:36:06 AM

Hi utopianfuture,

Just checked IPO thread and found this sentence. " So DO NOT SEND the fee to NEM from an exchange, you would need to withdraw to your account first"
Unfortunately, I used the exchange to send the fee and didnot see this info. Further more, I dont think it is a right way to justify, please see my points below.
1. Someone could just create many Blockchain accounts and send the fee to IPO address. Since each blockchain account has it's bitcoin address, therefore, one individual could have many bitcoin address to send fee.
2. If someone dont know the option 1, he could create virtual servers to create more bitcoin address.
3. NXT user is easy to create accounts through different password phrase.
4... many other ways to create different addresses.

Therefore, it doesnot make sense to track bitcoin address.

And please help to count me in for NEM IPO.

Thanks,
Wei Chao

Hi Wei Chao,
The same situation here. I sent the fee through exchange as well and not sure if I have the same receive address.
Actually, I had another user name "anyboy" which has lost password and not able to retrieve. So I create this account to send the fee again.
If I cannot be in IPO, I must be cursed and will keep fighting with this unfair judgement and treatment.

Keep in touch.

No worries, guys. I believe the rule here is just want to be more fair. As long as you sent the fees before 90 you should be one of our IPO members.
Cheers!

newNEM

newbie

Activity: 37

Merit: 0

Quote from: weichao on February 17, 2014, 12:36:06 AM

Hi utopianfuture,

Just checked IPO thread and found this sentence. " So DO NOT SEND the fee to NEM from an exchange, you would need to withdraw to your account first"
Unfortunately, I used the exchange to send the fee and didnot see this info. Further more, I dont think it is a right way to justify, please see my points below.
1. Someone could just create many Blockchain accounts and send the fee to IPO address. Since each blockchain account has it's bitcoin address, therefore, one individual could have many bitcoin address to send fee.
2. If someone dont know the option 1, he could create virtual servers to create more bitcoin address.
3. NXT user is easy to create accounts through different password phrase.
4... many other ways to create different addresses.

Therefore, it doesnot make sense to track bitcoin address.

And please help to count me in for NEM IPO.

Thanks,
Wei Chao

Hi Wei Chao,
The same situation here. I sent the fee through exchange as well and not sure if I have the same receive address.
Actually, I had another user name "anyboy" which has lost password and not able to retrieve. So I create this account to send the fee again.
If I cannot be in IPO, I must be cursed and will keep fighting with this unfair judgement and treatment.

Keep in touch.

makoto1337

legendary

Activity: 1596

Merit: 1000

I am not Dorian Nakamoto.

Quote from: utopianfuture on February 16, 2014, 11:25:47 PM

Quote from: ?? on ??

Quote from: utopianfuture on February 16, 2014, 11:14:02 PM

Quote from: ?? on ??

That last guy did not include his transaction id, only the too and from address.
I hope it still counts, I need to rest at some point!!
Someone please tell him to edit!!

Is there anyway to un-unlock the thread ? I messed up with editing the front page and locked it before realizing.

Well it is what it is. I will tally the total fund and update the stakeholder list tomorrow.

UP

Thanks for all your hard work guys. Now the really hard part starts eh?

maybe the hard part is for you all waiting

or maybe we could do something useful in the meantime. I do have something planned for a next few weeks. Then hopefully we have a clear ETA about Nemcoin. Then I have some other plans. So I hope it would not be too boring for all of NEM supporters.

Congratulations on the successful IPO! Let's hope people can stay interested while we work on the source. I think we can make something really amazing.

weichao

newbie

Activity: 29

Merit: 0

Hi utopianfuture,

Just checked IPO thread and found this sentence. " So DO NOT SEND the fee to NEM from an exchange, you would need to withdraw to your account first"
Unfortunately, I used the exchange to send the fee and didnot see this info. Further more, I dont think it is a right way to justify, please see my points below.
1. Someone could just create many Blockchain accounts and send the fee to IPO address. Since each blockchain account has it's bitcoin address, therefore, one individual could have many bitcoin address to send fee.
2. If someone dont know the option 1, he could create virtual servers to create more bitcoin address.
3. NXT user is easy to create accounts through different password phrase.
4... many other ways to create different addresses.

Therefore, it doesnot make sense to track bitcoin address.

And please help to count me in for NEM IPO.

Thanks,
Wei Chao

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: ?? on ??

Quote from: utopianfuture on February 16, 2014, 11:14:02 PM

Quote from: ?? on ??

That last guy did not include his transaction id, only the too and from address.
I hope it still counts, I need to rest at some point!!
Someone please tell him to edit!!

Is there anyway to un-unlock the thread ? I messed up with editing the front page and locked it before realizing.

Well it is what it is. I will tally the total fund and update the stakeholder list tomorrow.

UP

Thanks for all your hard work guys. Now the really hard part starts eh?

maybe the hard part is for you all waiting

or maybe we could do something useful in the meantime. I do have something planned for a next few weeks. Then hopefully we have a clear ETA about Nemcoin. Then I have some other plans. So I hope it would not be too boring for all of NEM supporters.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: Jaguar0625 on February 16, 2014, 11:13:00 PM

Interesting updates from a few of the other "NXT clones":

PiNX:

Quote from: PiNX on February 16, 2014, 10:59:36 PM

For details left unexplained, PiNX can’t lead this project.

In the end, all I have given you is a vision. It is up to community to make that vision a reality.

Goodbye.

NEX:

Quote from: FrictionlessCoin on February 16, 2014, 09:39:02 AM

Quote from: JustAskMrVirus on February 16, 2014, 09:36:03 AM

Quote from: FrictionlessCoin on February 16, 2014, 08:59:40 AM

Please do not post here about 'being interested'.

You need to go to http://www.nexcoin.net to submit your interest.

My mistake! I have already given my email, I just saw everyone else doing it so I assumed you had to to claim your stake.

By the way, how many coins will NEX have? And is there an ETA for release?

100 million on release, 1 billion total.

3 weeks.

Are there any other notable ones?

I am suspicious of FrictionlessCoin's intention. Looks like he is trying to make a POW clone with certain percentage of premine but he still claimed making POS coin, There is no workable pure POS code bases available for him to clone so what he is trying to do ? maybe he tries to re-write on his own because he does seem to have a lot of free time.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: ?? on ??

That last guy did not include his transaction id, only the too and from address.
I hope it still counts, I need to rest at some point!!
Someone please tell him to edit!!

Is there anyway to un-unlock the thread ? I messed up with editing the front page and locked it before realizing.

Well it is what it is. I will tally the total fund and update the stakeholder list tomorrow.

UP

Jaguar0625

sr. member

Activity: 299

Merit: 250

Interesting updates from a few of the other "NXT clones":

PiNX:

Quote from: PiNX on February 16, 2014, 10:59:36 PM

For details left unexplained, PiNX can’t lead this project.

In the end, all I have given you is a vision. It is up to community to make that vision a reality.

Goodbye.

NEX:

Quote from: FrictionlessCoin on February 16, 2014, 09:39:02 AM

Quote from: JustAskMrVirus on February 16, 2014, 09:36:03 AM

Quote from: FrictionlessCoin on February 16, 2014, 08:59:40 AM

Please do not post here about 'being interested'.

You need to go to http://www.nexcoin.net to submit your interest.

My mistake! I have already given my email, I just saw everyone else doing it so I assumed you had to to claim your stake.

By the way, how many coins will NEX have? And is there an ETA for release?

100 million on release, 1 billion total.

3 weeks.

Are there any other notable ones?

Jaguar0625

sr. member

Activity: 299

Merit: 250

Quote from: makoto1337 on February 16, 2014, 06:42:13 PM

Quote from: patmast3r on February 15, 2014, 04:10:41 AM

Quote from: erkki12 on February 15, 2014, 04:01:00 AM

Quote from: makoto1337 on February 09, 2014, 08:01:57 PM

Quote from: ashapasa on February 09, 2014, 07:39:34 AM

Nice post yurkomik. I like your ideas very much, I too think we need a market where we can trade/buy real goods with NEM. Without a proper market, NEM is just another dead coin in the long-run( 1 yrs?)

As of this moment, two events are likely to happen with the release of NEM
Scenario 1: NEM gets released, people start to rush to dump their coins to make a quick buck leading to a dead cypto.
Scenario 2: Most people hoard their coins for forging, unintentionally artificially inflating price ( NXT?) but susceptible to big price volatility with the smallest trade activity,rendering the currency useless.

Money was created to facilitate trade between goods and services, with cryptos we are creating money without goods and services. 99% of all alt currencies will be dead in a year all due to lack of a market, lets make NEM the exception to the rule. We really do need participants for this experimental currency to succeed not silent stake holders.

Let me be one of the first to volunteer , My name is Pasang I own a small hotel in Bhutan. I could offer my rooms in NEM but since most of u guys are probably not in my locality it would be pointless, instead I would be willing to post 10 items for sale every month for sale priced in NEM on its release for the next four months to get the ball rolling.

I hope more of you will join me in this endeavor, We are all potential NEM coin millionaires and now it is up to us to make this million actually worth a million or just worthless digital numbers.

We have been bouncing around ideas to create a market structure for real goods. One of the problems is that of trust. There has to be a mechanism for feedback for both the buyer and seller, that is built into the system. I hope to include something like this for NEM in the future.

Agreed! If we can get a reputation system that is linked to the account alias we will have huge advantage against all other coins!

@Jaguar: How do you feel about storing reputations in the blockchain ? One could pay 1 NEM to store a -1 or +1 to a specific address. I know changing address is not exactly hard but at least they'd have to change address and people tend to be more cautios with new addresses. Also maybe the reputation could be transfered to the new address ? Like marking the coins that are owned with a rep instead of an address ?

Just thinking out lout here

Storing positive feedback won't work because a nefarious person could just boost their feedback arbitrarily, especially if the price is really low. We really need something that would damage the value of NEM held by a nefarious user, such as shitcoins: http://www.loper-os.org/?p=988

I agree with makato. In order to really get a reputation system to work, we would need to have coins "infected" with the reputation of their holding account. This would prevent people from being able to "reset" their reputation by opening a new account and paying a small transaction fee. We could also have a concept of reputation aging whereby the reputation of recently acquired coins move towards the original reputation of the receiving account. In this way, coins in low reputation accounts that are traded to high reputation accounts would eventually lose that stigma. Of course, this whole reputation system would have the side-effect of making NEM coins less equal since there would probably be more demand for NEM coins from high-reputation accounts than low-reputation accounts

dzarmush

legendary

Activity: 1806

Merit: 1001

Time to have some beer!

dzarmush

legendary

Activity: 1806

Merit: 1001

Quote from: utopianfuture on February 16, 2014, 10:47:51 PM

Quote from: dzarmush on February 16, 2014, 10:45:09 PM

Quote from: utopianfuture on February 16, 2014, 10:30:40 PM

@Moloch: it is not too bad. I do some other things and I am staying up for another hour or so. After that I will go to sleep and let the thread run until tomorrow.

I'd gladly take the last spot if it wasn't against the rules )

It's good to see that the whole Nem ipo thing was successful and you raised almost 1M Nxt. I think this fact itself means a lot. Plenty of people believe in Nem and it's the most important for a new currency.

I think we should wait for a new person. It would be fun to make a guess veteran or new account ?

Absolutely. Btw the fact that the last spot is not yet taken means that there are not so many sockpuppets as some people think. Otherwise there would be a battle for the last spot.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: dzarmush on February 16, 2014, 10:45:09 PM

Quote from: utopianfuture on February 16, 2014, 10:30:40 PM

@Moloch: it is not too bad. I do some other things and I am staying up for another hour or so. After that I will go to sleep and let the thread run until tomorrow.

I'd gladly take the last spot if it wasn't against the rules )

It's good to see that the whole Nem ipo thing was successful and you raised almost 1M Nxt. I think this fact itself means a lot. Plenty of people believe in Nem and it's the most important for a new currency.

I think we should wait for a new person. It would be fun to make a guess veteran or new account ?

dzarmush

legendary

Activity: 1806

Merit: 1001

Quote from: utopianfuture on February 16, 2014, 10:30:40 PM

@Moloch: it is not too bad. I do some other things and I am staying up for another hour or so. After that I will go to sleep and let the thread run until tomorrow.

I'd gladly take the last spot if it wasn't against the rules )

It's good to see that the whole Nem ipo thing was successful and you raised almost 1M Nxt. I think this fact itself means a lot. Plenty of people believe in Nem and it's the most important for a new currency.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

@Moloch: it is not too bad. I do some other things and I am staying up for another hour or so. After that I will go to sleep and let the thread run until tomorrow.

utopianfuture

sr. member

Activity: 602

Merit: 268

Internet of Value

Quote from: suppow on February 16, 2014, 09:44:22 PM

Quote from: suky321 on January 22, 2014, 12:55:27 PM

Quote from: superresistant on January 22, 2014, 11:05:37 AM

Quote from: suky321 on January 22, 2014, 10:57:56 AM

interested.

It is not the thread.
"interested" is over, you have to pay some fees and the more you wait, the fees get higher.

Also the new comers account like him must be dismissed.
It is easy to create hundred account and get hundred times more NEM.

My apologies, I misunderstood the original post. I have expressed interest on the original post to correct my mistake, and why should I be dismissed, that's incredible arrogance on your part superresistant. I think everyone should be treated equally. I missed out on the original NXT stake, and as a result bought NXT to support it, and am an active member on nextcoin.org. I think everyone deserves a fair chance to be a stakeholder.

To quote the first post:

"Completely Fair Distribution - Equal Shares for ALL

No arbitrary rule of distribution. No dictator to tell you how to do things. The most egalitarian coin. Show your love to NEM".

Completely Fair Distribution - Equal Shares for ALL

In fact, it is just a relative fair distribution. Sock puppets are unavoidable. However, for the relative fairness, NEM team should merge the same BTT id and same NXT addr because these are obvious opposite to the spirit of fairness.

@utopianfuture How do you think?

Fair distribution, not completely. Equal shares for ALL (accounts) is literally true by design. Not sure I have said many times "My goal is to spread NEM widely and equally to many people (but not perfectly equal)", NEM's claim is fairly modest and we just try to do our best with the fundraising's design and goals. Surely someone else could do better in a certain "fair" or"equality" aspect. It is not my purpose to compete in these kind of claims. We are "no envy" movement.

Now someone please takes the last spot so that I can lock the fundraising thread.

suppow

member

Activity: 68

Merit: 10

Quote from: suky321 on January 22, 2014, 12:55:27 PM

Quote from: superresistant on January 22, 2014, 11:05:37 AM

Quote from: suky321 on January 22, 2014, 10:57:56 AM

interested.

It is not the thread.
"interested" is over, you have to pay some fees and the more you wait, the fees get higher.

Also the new comers account like him must be dismissed.
It is easy to create hundred account and get hundred times more NEM.

My apologies, I misunderstood the original post. I have expressed interest on the original post to correct my mistake, and why should I be dismissed, that's incredible arrogance on your part superresistant. I think everyone should be treated equally. I missed out on the original NXT stake, and as a result bought NXT to support it, and am an active member on nextcoin.org. I think everyone deserves a fair chance to be a stakeholder.

To quote the first post:

"Completely Fair Distribution - Equal Shares for ALL

No arbitrary rule of distribution. No dictator to tell you how to do things. The most egalitarian coin. Show your love to NEM".

Completely Fair Distribution - Equal Shares for ALL

In fact, it is just a relative fair distribution. Sock puppets are unavoidable. However, for the relative fairness, NEM team should merge the same BTT id and same NXT addr because these are obvious opposite to the spirit of fairness.

@utopianfuture How do you think?

dzarmush

legendary

Activity: 1806

Merit: 1001

Globe made of coins.

dzarmush

legendary

Activity: 1806

Merit: 1001

Quote from: wo24-7 on February 16, 2014, 08:17:30 PM

UP has already commented on this when other users were saying the same thing you just put. They have been advertising, as well as word of mouth, and other user's friends. I know 3 of my friends recently joined and sent in the 0.75 BTC required. They had no idea about crypto currency or even Bitcoin until I told them and I am even new to all this. Do you expect people who never heard of crytpo currency or NEM to automatically be a veteran user on this forum? I don't post anything but I read everyday on here and I have been ever since I heard of NEM. Doesn't make me a sock puppet account or a multiple stake holder of NEM. If they are buying more stakes than what they are allowed and trying to get away with it than hopefully they will be caught and the funds returned but if not than there is nothing we can do about it.

Btw I recently reconsidered my position concerning multiple accounts after I sent a link to NEM thread to all my friends and even suggested to give them neccessary amount of Nxt to buy a stake. Do you know what happenned? Nothing! Most of them were so fucking lazy that they didn't do anything. I even had to buy a stake for my own brother because he didn't buy it himself. He could buy a stake for 40 Nxt and I bought it for him for 500 Nxt! So I guess Nem ipo is just a reflection of life.

wo24-7

member

Activity: 70

Merit: 10

UP has already commented on this when other users were saying the same thing you just put. They have been advertising, as well as word of mouth, and other user's friends. I know 3 of my friends recently joined and sent in the 0.75 BTC required. They had no idea about crypto currency or even Bitcoin until I told them and I am even new to all this. Do you expect people who never heard of crytpo currency or NEM to automatically be a veteran user on this forum? I don't post anything but I read everyday on here and I have been ever since I heard of NEM. Doesn't make me a sock puppet account or a multiple stake holder of NEM. If they are buying more stakes than what they are allowed and trying to get away with it than hopefully they will be caught and the funds returned but if not than there is nothing we can do about it.

Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 407. (Read 661525 times)