NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1112.

makoto1337

legendary

Activity: 1596

Merit: 1000

I am not Dorian Nakamoto.

Quote from: jabo38 on May 21, 2015, 01:08:43 AM

Announcement

The general plan for NEM node rewards has been drafted and is now ready for public comment. If you have any queries, comments or suggestions you would like to make to improve this program, please post them at the forum or at the blog. You can download the draft here

Or comment on muut here: https://muut.com/neweconomy#!/community-fund-dao:node-rewards-programme-whit

sirnoah

newbie

Activity: 55

Merit: 0

nice... XEM will explode....my spider sense is tingling...

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Quote from: sdersdf3 on May 21, 2015, 12:48:58 AM

Quote from: ?? on ??

Quote from: NoirSuccubus on May 20, 2015, 09:03:17 PM

NEM has a massive fund set aside for marketing, so the potential is there. How I feel is we have 1 shot at doing something right, why should we rush it? Should the development team start spending marketing funds now while we still have features in development, or should we wait and market heavily after v1? I'd expect the latter to be more effective.

It's like spending money on an ad, "Hey, buy this car. One day it'll go 100 miles on the gallon, but right now we're still working on that feature."
I think if we pump money into marketing right now, it will mostly be targeting the "investor" type of people. The hype will cause a lot of buying pressure, causing the price to go up too fast. If the v1 features aren't rolled out in a timely manner we'll see a lot of disappointed holders, lots of complaining and we'll likely see a very slow devaluation back to pre marketing levels.

If we don't rush this, and take it slow I think this will happen. More than likely we'll see the antsy "investors" selling early, remember these are the people that are only here for the money. The development team will ninja launch features and over time we'll see a slow healthy growth in price while bringing in real USERS.

i fully agree, and i think most of the team does too but i obviously cant speak on there behalf. advertising at this stage would be closer to spam really. i looked into advertising costs on the likes of cointelegraph and coinmarketcap and some other sites, but the cost i think far outweighs what ever benefit we would get. once more features are rolled out and the marketcap is higher, only then would spending large amounts of money on advertising be a worth while venture. until then, we should focus on producing ground breaking tech and getting the platform to stage where it can be used for a wide variety of uses. so in that respect, it really doesnt make sense to blow huge amounts of funding pre-V1.

I think NEM would see serious action if at least some of the top devs / whitepaper authors (particularly the PhD guys) went public with their identities. Reputation counts for a lot - especially these days. Many people dont pay attention to what you do unless there's a big name / university attached to it - then they read what you put it out and follow what you say. A proper academic working paper formatted the way academic papers usually are - with the identities and university affiliations of the main authors - could help give XEM some of the credibility it needs to rise from the sea of anonymous crypto coins that many people dont seem to take very seriously anymore.

Makoto (a core dev and inventor of PoI) has been to conferences representing NEM and has been attending NEM meetups in Japan.

Other people like myself also use real names too and also attend meetings and conferences.

jabo38

legendary

Activity: 1232

Merit: 1001

mining is so 2012-2013

Announcement

The general plan for NEM node rewards has been drafted and is now ready for public comment. If you have any queries, comments or suggestions you would like to make to improve this program, please post them at the forum or at the blog. You can download the draft here

sdersdf3

sr. member

Activity: 280

Merit: 250

Quote from: ?? on ??

Quote from: NoirSuccubus on May 20, 2015, 09:03:17 PM

NEM has a massive fund set aside for marketing, so the potential is there. How I feel is we have 1 shot at doing something right, why should we rush it? Should the development team start spending marketing funds now while we still have features in development, or should we wait and market heavily after v1? I'd expect the latter to be more effective.

It's like spending money on an ad, "Hey, buy this car. One day it'll go 100 miles on the gallon, but right now we're still working on that feature."
I think if we pump money into marketing right now, it will mostly be targeting the "investor" type of people. The hype will cause a lot of buying pressure, causing the price to go up too fast. If the v1 features aren't rolled out in a timely manner we'll see a lot of disappointed holders, lots of complaining and we'll likely see a very slow devaluation back to pre marketing levels.

If we don't rush this, and take it slow I think this will happen. More than likely we'll see the antsy "investors" selling early, remember these are the people that are only here for the money. The development team will ninja launch features and over time we'll see a slow healthy growth in price while bringing in real USERS.

i fully agree, and i think most of the team does too but i obviously cant speak on there behalf. advertising at this stage would be closer to spam really. i looked into advertising costs on the likes of cointelegraph and coinmarketcap and some other sites, but the cost i think far outweighs what ever benefit we would get. once more features are rolled out and the marketcap is higher, only then would spending large amounts of money on advertising be a worth while venture. until then, we should focus on producing ground breaking tech and getting the platform to stage where it can be used for a wide variety of uses. so in that respect, it really doesnt make sense to blow huge amounts of funding pre-V1.

I think NEM would see serious action if at least some of the top devs / whitepaper authors (particularly the PhD guys) went public with their identities. Reputation counts for a lot - especially these days. Many people dont pay attention to what you do unless there's a big name / university attached to it - then they read what you put it out and follow what you say. A proper academic working paper formatted the way academic papers usually are - with the identities and university affiliations of the main authors - could help give XEM some of the credibility it needs to rise from the sea of anonymous crypto coins that many people dont seem to take very seriously anymore.

Eadeqa

hero member

Activity: 644

Merit: 500

Quote from: NEMergizer on May 20, 2015, 04:23:25 PM

For now NEM would be better in terms of:
- No inflation.
- Multi signature transactions.
- Encrypted messaging.
- Light weight blockchain/algorithm.

None of these are unique feature. You are competing against dozens of other coins. More seriously there is no interest in crypto outside of people who are already involved (99% of them are speculators hoping to make money in future, rest are scammers or drug dealers).

nvaler

member

Activity: 68

Merit: 10

I just read the latest release and I was amazed!!!

I hope XEM will be used to be studied by Computer Science student as it truly represent Bitcoin 2.0 it solves all the dadvantages of Bitcoin and other cryptocurrencies!!!

goodluck guys!!!

NoirSuccubus

full member

Activity: 353

Merit: 108

NEM has a massive fund set aside for marketing, so the potential is there. How I feel is we have 1 shot at doing something right, why should we rush it? Should the development team start spending marketing funds now while we still have features in development, or should we wait and market heavily after v1? I'd expect the latter to be more effective.

It's like spending money on an ad, "Hey, buy this car. One day it'll go 100 miles on the gallon, but right now we're still working on that feature."
I think if we pump money into marketing right now, it will mostly be targeting the "investor" type of people. The hype will cause a lot of buying pressure, causing the price to go up too fast. If the v1 features aren't rolled out in a timely manner we'll see a lot of disappointed holders, lots of complaining and we'll likely see a very slow devaluation back to pre marketing levels.

If we don't rush this, and take it slow I think this will happen. More than likely we'll see the antsy "investors" selling early, remember these are the people that are only here for the money. The development team will ninja launch features and over time we'll see a slow healthy growth in price while bringing in real USERS.

nvaler

member

Activity: 68

Merit: 10

Quote from: ?? on ??

Quote from: nvaler on May 20, 2015, 08:12:31 PM

this coin is highly innovative and lightweight.

I wish u guys all the best!!!........i bought a lot !! what a bargain

you the guy that was making numerous 1.4 btc buys and jacked up the volume?

that must be another buy...i am cheap...i buy .2 btc at a time...that could be a whale or someone who knows XEM has many potentials.

congrats on the technical paper, it was awesome!!! I have not seen anything similar to it...done by professional PhD / PhD students / PhD in Mathematics ...

its just AWESOME!!!

nvaler

member

Activity: 68

Merit: 10

Quote from: BloodyRookie on June 16, 2014, 04:27:23 PM

Finally a thread without people who misunderstand the concept of free speech

spot on!!! ohhh yeah!!!

nvaler

member

Activity: 68

Merit: 10

agree, we need time....

Quote from: nzminer on May 20, 2015, 07:49:00 PM

Quote from: punkrock on May 20, 2015, 06:23:42 AM

To make NEM successfull you need to answer the ultimate question. Why should anyone (private NOR commercial) use NEM instead of Bitcoin? If you can answer this, assure everyone about this an spread the word. That's the only way to make NEM successful and independent.

This can also be said for 99% of other alts.
We need time and marketing, so do alot of other coins, NXT is lacking in this area too, but we just need time.

gon

sr. member

Activity: 460

Merit: 251

Quote from: nvaler on May 20, 2015, 08:12:31 PM

this coin is highly innovative and lightweight.

I wish u guys all the best!!!........i bought a lot !! what a bargain

How much is a lot?
I´m just thinking about investition.

nvaler

member

Activity: 68

Merit: 10

this coin is highly innovative and lightweight.

I wish u guys all the best!!!........i bought a lot !! what a bargain

nzminer

legendary

Activity: 1918

Merit: 1001

Quote from: punkrock on May 20, 2015, 06:23:42 AM

To make NEM successfull you need to answer the ultimate question. Why should anyone (private NOR commercial) use NEM instead of Bitcoin? If you can answer this, assure everyone about this an spread the word. That's the only way to make NEM successful and independent.

This can also be said for 99% of other alts.
We need time and marketing, so do alot of other coins, NXT is lacking in this area too, but we just need time.

jadedjack

member

Activity: 65

Merit: 10

Quote from: NEMergizer on May 20, 2015, 04:23:25 PM

Quote from: punkrock on May 20, 2015, 06:23:42 AM

To make NEM successfull you need to answer the ultimate question. Why should anyone (private NOR commercial) use NEM instead of Bitcoin? If you can answer this, assure everyone about this an spread the word. That's the only way to make NEM successful and independent.

In fact there is no huge difference between any crypto currency. It all comes to the community and the economy behind any crypto. Today there is no real solid value in switching to NEM from any other crypto. However, in the very near future there will be tons of reasons. For instance, decentralized asset exchange is one huge advantage that will be coming live in the very near future. In addition to asset exchange, NEM will support smart contracts. These are huge advantages over all other cryptos.

For now NEM would be better in terms of:
- No inflation.
- Multi signature transactions.
- Encrypted messaging.
- Light weight blockchain/algorithm.
- Prove of importance "will be more valuable in the future when NEM gets more popular".

I don't think there is any other crypto that can have multiple harvesters "miners" working in parallel, each independent from the others, but on the same node.

NEMergizer

sr. member

Activity: 313

Merit: 252

Quote from: Xpedite on May 20, 2015, 03:18:14 PM

Quote from: dandruff1138 on May 20, 2015, 02:48:00 PM

I agree we are going to hit 100+ sats in June... 2021. It took a year + just to get the BETA process released, with the current pace of development and little to no marketing we won't see anything substantial for at least a couple of years.

I guess you have absolutely no clew how much work has been put in recently...
Have you read the white paper? That's not something you can write in a couple of days...

Nevertheless, I don't care about the price at the moment.

Roadmap to V1

Completion of all the features in the existing wallet
Coloured Coins
Business Rules (a.k.a. Smart Contracts)
Decentralized Asset Exchange
Integration of multisignature into the AE and Business Rules
Snapshotting for quick syncing of nodes

Oh, I am looking forward to V1 Cool

Then let's talk about the price again Wink

But you know what they say about Rome ...

+1

This is the NEM we know Wink

and thats why we are here

NEMergizer

sr. member

Activity: 313

Merit: 252

Quote from: punkrock on May 20, 2015, 06:23:42 AM

To make NEM successfull you need to answer the ultimate question. Why should anyone (private NOR commercial) use NEM instead of Bitcoin? If you can answer this, assure everyone about this an spread the word. That's the only way to make NEM successful and independent.

In fact there is no huge difference between any crypto currency. It all comes to the community and the economy behind any crypto. Today there is no real solid value in switching to NEM from any other crypto. However, in the very near future there will be tons of reasons. For instance, decentralized asset exchange is one huge advantage that will be coming live in the very near future. In addition to asset exchange, NEM will support smart contracts. These are huge advantages over all other cryptos.

For now NEM would be better in terms of:
- No inflation.
- Multi signature transactions.
- Encrypted messaging.
- Light weight blockchain/algorithm.
- Prove of importance "will be more valuable in the future when NEM gets more popular".

Xpedite

sr. member

Activity: 258

Merit: 250

DRAMA: Dumb Retards Asking More Attention

Quote from: dandruff1138 on May 20, 2015, 02:48:00 PM

I agree we are going to hit 100+ sats in June... 2021. It took a year + just to get the BETA process released, with the current pace of development and little to no marketing we won't see anything substantial for at least a couple of years.

I guess you have absolutely no clew how much work has been put in recently...
Have you read the white paper? That's not something you can write in a couple of days...

Nevertheless, I don't care about the price at the moment.

Roadmap to V1

Completion of all the features in the existing wallet
Coloured Coins
Business Rules (a.k.a. Smart Contracts)
Decentralized Asset Exchange
Integration of multisignature into the AE and Business Rules
Snapshotting for quick syncing of nodes

Oh, I am looking forward to V1 Cool

Then let's talk about the price again Wink

But you know what they say about Rome ...

dandruff1138

hero member

Activity: 700

Merit: 501

1000% ROI Masternode Coin

Quote from: mladen00 on May 20, 2015, 03:49:48 AM

Quote from: luckygenough56 on May 20, 2015, 03:20:04 AM

i think we will break 80 soon

35 BTC ''wall'' to 100sat per XEM on polo...
IMHO in late june we will be @100sat

I agree we are going to hit 100+ sats in June... 2021. It took a year + just to get the BETA process released, with the current pace of development and little to no marketing we won't see anything substantial for at least a couple of years.

gimre

legendary

Activity: 866

Merit: 1002

Quote from: ciappa on May 20, 2015, 11:51:28 AM

http://forum.nemcoin.com/ is off Roll Eyes

it should be off, update your links/bookmarks.
Address is http://forum.ournem.com for quite some time.

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1112. (Read 2985369 times)