Author

Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 424. (Read 661525 times)

sr. member
Activity: 602
Merit: 268
Internet of Value
Without sock-pup accounts there wont be 3000 imho. Where will we find all those unique users...
And dont forget that you can fund only one total newbie. It wont be easy to get that many people.
How many unique users are there now, I would say less than 300.

How do you come up with that number? There are at least 1000 unique veteran accounts in the stakeholder list. In the first 20 pages there are already more than 200 unique veteran accounts already. NEM is also attracting a lot of new members to this broad as well and they start participating in crypto starting here. If you follow the news here, I have been advertising massively in Doge reddit, as well as Reddit front page and there are more than 1000 click-though to NEM front page from Reddit. So 1000 is my guess but probably more  unique users than that but you should count it in the registration thread as it is public information.

Now I agree people have 2-3 accounts and possibly more are quite normal. But you should take your time and follow the fundraising rule requirements (mixing the coin properly to avoid taint analysis) and create 10 new accounts/ passwords/ move the money around to see how long and how much does it take. That would be the true costs of people having multiple accounts which is significantly more than having 1 account and 1 stake.
hero member
Activity: 595
Merit: 500
Without sock-pup accounts there wont be 3000 imho. Where will we find all those unique users...
And dont forget that you can fund only one total newbie. It wont be easy to get that many people.
How many unique users are there now, I would say less than 300.
hero member
Activity: 644
Merit: 500
Interested for now,can you give me some shares!

We are in the "you have to pay to get in stage".  No more free rides.
newbie
Activity: 3
Merit: 0
Interested for now,can you give me some shares!
hero member
Activity: 980
Merit: 1001
Do we wanne have 3000 stakeholders or 4000 stakeholders?

4k is the absolute maximum but afaik 3k are the target.
newbie
Activity: 13
Merit: 0
Do we wanne have 3000 stakeholders or 4000 stakeholders?
sr. member
Activity: 338
Merit: 250
more logos! Smiley



I think it is very beautiful logo

Although, as noted in the following positions colleagues, a bit like an insect.

Like this logo VERY much!

Very distinctive, original and airy!
hero member
Activity: 980
Merit: 1001
I think that red, blue and yellow logo is fantastic!

utopianfuture: do you have on ETA on when NEM will launch? Have you decided whether you will fork the NXT code base and build on that, or code something entirely new? Would be great to hear some updates regarding the technical development of NEM and some kind of roadmap I think would be good for the community Wink

Go a few pages back you'll find exactly what you're looking for Wink
legendary
Activity: 1386
Merit: 1000
I think that red, blue and yellow logo is fantastic!

utopianfuture: do you have on ETA on when NEM will launch? Have you decided whether you will fork the NXT code base and build on that, or code something entirely new? Would be great to hear some updates regarding the technical development of NEM and some kind of roadmap I think would be good for the community Wink
member
Activity: 76
Merit: 10
newbie
Activity: 4
Merit: 0
All this talk about unfair distribution... You are forgetting one simple fact - after the coin hits the market, anyone with enough money can buy up as much as as he/she wants to.
The things we argue about - fair distribution, equal shares, etc are just for us little folks who can't afford to put up a big investment, so we want to make sure our 40 bucks go as far as they can and nobody cheats us.

Just as an example (these numbers are just out of thin air). Let's say we have 200 btc total investment at launch 4k investors and 4 billion coins. So the established price floor would be something like 0.05btc per 1mil coins (just an average). Ok let's double it to be sure and it's 0.1btc per mil nem... what's to stop anyone throwing some 10 btc at the market and buying up 5% of the coins?

If anyone is serious about controlling a large portion of NEM I'm sure they will. We are quibbling about the crumbs while the big boys will always have a larger slice of the pie.
sr. member
Activity: 376
Merit: 300
more logos! Smiley



I think it is very beautiful logo
Yeah, at first site I thought it was beautiful; but then, don't you think it looks like a sort of insect (head on the left side)?..
newbie
Activity: 43
Merit: 0
A fair distribution is one of the most important factors for NEM in my opinion.

Imho it's desireable but it can't be the most important thing. It's not something that will get us to where we want to be. If we really want to create something awesome then we need more than just the fair distribution argument.
I do believe we have everything we needt though. There are some great ideas in play regarding forging and the network design so I'm confident we'll have more to offer than just fair distribution.

Agreed, there need to be other factors as well.

I only think if we end up with far less users than planned and instead have lots of users which hold 10-50 stakes each, then this this will hurt NEM a lot.
I just had a look into the registration thread and it is a bit worrying to me to see that 80% of the users who buy in there are brandnew accounts.

On the plus side I think NEM has a very promising team of people who are driving the coin development and also the community seems to built up nicely with some active people at this stage already.
hero member
Activity: 980
Merit: 1001
A fair distribution is one of the most important factors for NEM in my opinion.

Imho it's desireable but it can't be the most important thing. It's not something that will get us to where we want to be. If we really want to create something awesome then we need more than just the fair distribution argument.
I do believe we have everything we needt though. There are some great ideas in play regarding forging and the network design so I'm confident we'll have more to offer than just fair distribution.
newbie
Activity: 43
Merit: 0
Due to being very busy at work currently, I could not stay up to date on all of the discussion:
I've been onboard with NEM directly when I read about the idea because it sounded like something I was looking for since getting into crypto currencies. Now with the higher prices I think it would be fair to acquire another spot (not taking away two cheap spaces).

Are we allowed to buy a second stake of NEM if we are already on the stakeholder list once? From what I read it is ok two buy two, one for myself and one for a loved one. Would it be ok to buy in a second spot from my btct account which is already enlisted once?

You could buy a second stake but with a new account. We stick with with the original 1 account/ 1stake rule. To be fair 1 account is different from 1 person. But the idea that's we could start the first distribution/ genesis block with 3000 equal piece of NEM for 3000 stakeholders is just awesome that I am going to follow through with it.

After the first distribution, everyone could freely sell, buy, give away or consolidate their holdings as they see fit.

Thank you very much to the update!
I aggree that the initial plan is very appealing. In this case I will create an account for my s/o which I would use to buy one more share of NEM for her.
Hopefully people will keep it fair and square and not abuse the forum to buy multiple stakes for themselves too much. A fair distribution is one of the most important factors for NEM in my opinion.
newbie
Activity: 8
Merit: 0

I think it is very beautiful logo

Although, as noted in the following positions colleagues, a bit like an insect.
sr. member
Activity: 602
Merit: 268
Internet of Value
Due to being very busy at work currently, I could not stay up to date on all of the discussion:
I've been onboard with NEM directly when I read about the idea because it sounded like something I was looking for since getting into crypto currencies. Now with the higher prices I think it would be fair to acquire another spot (not taking away two cheap spaces).

Are we allowed to buy a second stake of NEM if we are already on the stakeholder list once? From what I read it is ok two buy two, one for myself and one for a loved one. Would it be ok to buy in a second spot from my btct account which is already enlisted once?

You could buy a second stake but with a new account. We stick with with the original 1 account/ 1stake rule. To be fair 1 account is different from 1 person. But the idea that's we could start the first distribution/ genesis block with 3000 equal piece of NEM for 3000 stakeholders is just awesome that I am going to follow through with it.

After the first distribution, everyone could freely sell, buy, give away or consolidate their holdings as they see fit.
newbie
Activity: 43
Merit: 0
Due to being very busy at work currently, I could not stay up to date on all of the discussion:
I've been onboard with NEM directly when I read about the idea because it sounded like something I was looking for since getting into crypto currencies. Now with the higher prices I think it would be fair to acquire another spot (not taking away two cheap spaces).

Are we allowed to buy a second stake of NEM if we are already on the stakeholder list once? From what I read it is ok two buy two, one for myself and one for a loved one. Would it be ok to buy in a second spot from my btct account which is already enlisted once?
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
but theres 4 times the amount of coins? would that not instantly 1/4 the cost compaired to nxt?? and the it would be a little bit less because its only a copy... i personally think 1/5 of the price would be reasonable... which would make it around 1 cent/nem right now.. (or after ipo) meaning any one with just one stake now has 13k dollars! lol (if one stake = 1.3m nem) Smiley happy days.. even .1 cent (or 1/50) the value of nxt and il be happy lol haha

It's hard to say what the price will be.

But what I see as really fascinating is that although NEM started from some basic idea of copying some great features of NXT and solving the distribution problem, it could and is in fact really evolving into something a lot bigger and more interesting. If the value that NEM creates will be good enough, I don't see why it could not overtake NXT or any other crypto. Indeed, it would be really hard, but impressive things can happen when people combine efforts synergically.

In the end, I think what matters the most is the created value. If the NEM community or movement can continue to create and share that value, there is no inherent limit to what we can achieve. Smiley
Jump to: