Green for eco-friendly.
Red for power.
Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 408. (Read 661525 times)
February 16, 2014, 08:16:35 PM
Blue for smart, stable, global.
Green for eco-friendly.
Red for power.
Green for eco-friendly.
Red for power.
February 16, 2014, 07:24:34 PM
I think the new registered users, can not join.
Obviously, the 99% are sockpuppet
This is very unfair.
Should immediately stop.
Obviously, the 99% are sockpuppet
This is very unfair.
Should immediately stop.
February 16, 2014, 07:14:29 PM
You can all read up on POI in the dev plan here: https://docs.google.com/document/d/1NhxTyi4Eo2D_1m1Ca8zvzQr0_RB0dgM2VuWXAIzcS-I/edit?pli=1
As I understand it it's pretty much a combination of 3 things. PON + POS + taking transactions into account = POI.
I think it's a very elegant and fair approach.
1. You get something for running a node and are therefore providing infrastructure to the network.
2. You get something for owning coins which makes you trustworthy to some extent because why would you want to hurt a currency that you own yourself ?
3. You get something for being a heavy user of the currency i.e. actually using it.
The point that someone could just circle coins is a good one but I don't think it's that much of a problem. For one you'd have to run different nodes as well because afaik only transactions between actually different nodes are being considered. It's not hard to run multiple nodes but it provides determent to some extent.
Secondly it really depends on the balance between the 3 factors of POI how harmful such an attack could actually be.
Jaguar has a lot to think about
As I understand it it's pretty much a combination of 3 things. PON + POS + taking transactions into account = POI.
I think it's a very elegant and fair approach.
1. You get something for running a node and are therefore providing infrastructure to the network.
2. You get something for owning coins which makes you trustworthy to some extent because why would you want to hurt a currency that you own yourself ?
3. You get something for being a heavy user of the currency i.e. actually using it.
The point that someone could just circle coins is a good one but I don't think it's that much of a problem. For one you'd have to run different nodes as well because afaik only transactions between actually different nodes are being considered. It's not hard to run multiple nodes but it provides determent to some extent.
Secondly it really depends on the balance between the 3 factors of POI how harmful such an attack could actually be.
Jaguar has a lot to think about
Yes, POI is a combination of both the wealth a person has and their importance to the network of accounts (the economy). Because we use the concept of coin-days, it won't be possible to just circulate money between your own accounts, because the weight of the money will reset to zero every time. Also, we are working on detecting these cliques in the network and ignoring them or giving them a low weight. Thus doing anti-social activity like that would actually hurt your importance to the network.
I think POI can be more durable them POS, because in POS a government or large entity with massive resources could buy up a lot of the currency and then crash the system. The market cap of NXT is 56,112,361 USD right now, so it is very possible that some rich individual who wanted to could shutdown NXT today. With POI, just buying lots of the currency will not let you do this. You would have to actually buy lots of stuff and sell lots of stuff in the system, in addition to having a lot of money. It would take a lot of time and if there are enough users, it would not be possible for any single entity to do this.
February 16, 2014, 07:07:35 PM
oo : NEM evolution at work
I know its a bold claim but maybe we can pull it off.
I know its a bold claim but maybe we can pull it off.
I do like this one!
I think it'd be cool to have some wordplays that include nem. I'm sure many know HIMYM and the "Bro" wordplays like "Bropocalypse Now" and all the rest.
Can't think of one right now though.
Nempocalypse Now
Apocalypse NEM
February 16, 2014, 06:42:13 PM
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.
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
February 16, 2014, 05:39:01 PM
Ya that is sad if anyone falls for that scammer offering in for cheap 
February 16, 2014, 05:38:28 PM
Just to let you know, there is someone scamming over here I think:
https://bitcointalksearch.org/topic/nem-cheap-stake-spots-giveaways-thread-470052
https://bitcointalksearch.org/topic/nem-cheap-stake-spots-giveaways-thread-470052
Well what can I do ? it is self-moderated thread and it is Bitcointalk's policy. We will move to our own forum at some points though, so these behaviors can be avoided.
Still, I think people do need to learn how to read properly before starting sending money or anything. The scam is so obvious that I won't bother that much so far.
February 16, 2014, 05:34:24 PM
Just to let you know, there is someone scamming over here I think:
https://bitcointalksearch.org/topic/nem-cheap-stake-spots-giveaways-thread-470052
https://bitcointalksearch.org/topic/nem-cheap-stake-spots-giveaways-thread-470052
February 16, 2014, 05:22:19 PM
chuck norris !
Chuck Norris get's his stake on page 91 - by posting "interested" Chuck Norris will be in. I do plan to have a list of important contributors who can help NEM directly and substantially by joining in.
February 16, 2014, 05:20:25 PM
lol all those fake last min. accounts are hilarious. Well congrats to all those who made 2-5 times buy ins in the last days!
You should engage them in the introduction thread then you can know if they are real or fake accounts. Many new accounts are friends of earlier NEM participants. Doing so smaller groups can be formed within a bigger group/ community. That's a powerful force to push things forward.
I received a lot of PM these days and there is no denying that NEM attracting many new people.
Utopian: I sent you a PM, got some questions and suggestions that I want to take in private.
I think you could let the community contribute to these suggestions. Thanks
February 16, 2014, 05:19:22 PM
Since some people are confused about their status, I wrote a detail description about stakeholder list making process here https://bitcointalksearch.org/topic/m.5186684
February 16, 2014, 03:59:19 PM
chuck norris !
Chuck Norris get's his stake on page 91 - by posting "interested"
Chuck Norris is the best! LOL
February 16, 2014, 02:53:16 PM
chuck norris !
Chuck Norris get's his stake on page 91 - by posting "interested"
February 16, 2014, 02:52:03 PM
chuck norris !
February 16, 2014, 02:42:22 PM
page 89 guys hurry 
:ohurry, who will be the last person to join NEM
:ohurry, who will be the last person to join NEM February 16, 2014, 01:55:59 PM
lol all those fake last min. accounts are hilarious. Well congrats to all those who made 2-5 times buy ins in the last days!
You should engage them in the introduction thread then you can know if they are real or fake accounts. Many new accounts are friends of earlier NEM participants. Doing so smaller groups can be formed within a bigger group/ community. That's a powerful force to push things forward.
I received a lot of PM these days and there is no denying that NEM attracting many new people.
Utopian: I sent you a PM, got some questions and suggestions that I want to take in private.
February 16, 2014, 01:49:47 PM
@ patmast3r
Thank you and I have already told my friends from Nem.
@Stadtfeger
Auch dir ein Danke .
Thank you and I have already told my friends from Nem.
@Stadtfeger
Auch dir ein Danke .
February 16, 2014, 01:34:24 PM
Hallo , ich schreibe jetzt einfach mal in Deutsch .
Leider ist mein Englisch nicht so gut .
Ich bin in Thread 1 in Gruppe 3.
Wie muss ich jetzt weiter vorgehen .
Es wäre sehr nett wenn es mir jemand auf Deutsch erklären würde .
mfg Danny
Leider ist mein Englisch nicht so gut .
Ich bin in Thread 1 in Gruppe 3.
Wie muss ich jetzt weiter vorgehen .
Es wäre sehr nett wenn es mir jemand auf Deutsch erklären würde .
mfg Danny
Hallo,
du musst gar nix machen außer warten bis alles fertig ist. Die Gruppe 3 bedeutet nur das du ein "Newbie" bist. Es wurde halt eine Statistik gemacht welche User Gruppe 1 : Hero Member sind Gruppe 2: Mehr als 10 Post haben und die 3 Gruppe halt : ganz neu dabei.
Wenn du ein Y neben deinen Namen in der Spalte siehst bist du auch ein offizieller Stakeholder! Jetzt solltest du nur nicht dein Passwort vom Bitcoin Forum vergessen, sonst bekommst du nämlich deinen Anteil nicht.
Jetzt muss noch sehr viel gemacht werden, so das es noch Monate dauern kann bis du deinen Anteil erhälst. Sobald der Client erstellt wurde kannst du ihn dann runterladen, die einen Account erstellen dann wirst du wohl hier über PN angeschrieben so das du deine Accountnummer weiter gibst und deinen Anteil erhälst.
Also habe Geduld
Ps:Englisch ist auch kein muss, wenn du Schwierigkeiten hast kannst du auch im deutschsprachigen Raum etwas Werbung für NEM machen.Sei es Kommentare zu Berichten über Bitcoin oder in deutschen Foren evtl. mal versuchen ein Thema über NEM oder allgemein Kryptowährungen zu erstellen.
Zeit für Akquise ist jetzt noch ausreichend und nutze die Möglichkeit.
Grüße
Although the fundraising is finished soon it does not mean simply to wait until the stake is assigned.
Now there is one wherever it's just going to advertise NEM. People need to know what is NEM and be convinced.
Power blog entries, comments write to newspapers. Everything is important, and time is running out now.
February 16, 2014, 01:32:54 PM
Hallo , ich schreibe jetzt einfach mal in Deutsch .
Leider ist mein Englisch nicht so gut .
Ich bin in Thread 1 in Gruppe 3.
Wie muss ich jetzt weiter vorgehen .
Es wäre sehr nett wenn es mir jemand auf Deutsch erklären würde .
mfg Danny
Leider ist mein Englisch nicht so gut .
Ich bin in Thread 1 in Gruppe 3.
Wie muss ich jetzt weiter vorgehen .
Es wäre sehr nett wenn es mir jemand auf Deutsch erklären würde .
mfg Danny
Just going to translate that real quick:
Quote
I'll just write this in german.
Unfortunately my english is bad.
I'm in thread 1 and group 3.
What do I have to do now ?
It would be really nice if someone could explain to me in german what I have to do.
Unfortunately my english is bad.
I'm in thread 1 and group 3.
What do I have to do now ?
It would be really nice if someone could explain to me in german what I have to do.
Being in group 3 doesn't mean you have to do anything. If you have only bought one stake with one account there's no problem. However we encourage anyone to be active in the forum and participate in our movement. I'd also encourage you to learn english otherwise participation is going to be tough
in german:
In Gruppe 3 zu sein heisst nicht das du irgendwas machen musst. Wenn du mit einem Benutzer 1 Anteil gekauft hast dann ist das absolut okay. Wir regen aber jeden dazu an sich nicht nur einfach seinen Anteil zu holen sondern auch mitzumachen hier im Forum und Ideen zu teilen und anderen Leuten von NEM zu erzählen. Wenn du aktiv an unserer Bewegung teilnehmen möchstest wird's ohne Englisch allerdings schwierig
February 16, 2014, 01:19:51 PM
lol all those fake last min. accounts are hilarious. Well congrats to all those who made 2-5 times buy ins in the last days!
What makes them hilarious?
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