Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1544. (Read 2985369 times)

There is a limited supply of gold on our planet. So unless someone has found a way to create gold out of somethin else gold can hardly be subject to inflation.
Of course if we're assuming that the price is affected by how much gold is actually on the market...hmmm...maybe?

There is a limited supply of gold on our planet. So unless someone has found a way to create gold out of somethin else Gold can hardly be subject to inflation.

What do you mean impossible?..... Production is on average 1% of total amount above ground per year.

I should think that's impossible. Where did you read that ?

I read somewhere that Gold has inflation of about 1 % per year....if NEM were to have inflation it should be no greater than this number.......      0.5%  would reward the running of nodes very nicely in the long run no?

+1 The market cap could be even better

If you have made your coin claim  then you have no worries. Come back here in December and check if it is launched by then.

So now when's the official launch? Official Launch was slated for late October, it's now 1/3 into November and still no launch?

Hello.

I have voted for 8 billion NEM.
Why the people that thinks this will lower the value of NEM haven't voted or
proposed to have 4 NEM in total. According to this logic NEM should
be the most valuable crypto coin if there are only 4 NEM in circulation.
or even if there are all 4 nem in one account.

Do you people think that the value of a coin comes out only from the number of the coins?
Don't you thinks that the value comes out of the usage of the coin?

SO tell me why should I buy NEM which is expensive because there are only few?!
Tell me for what can I use NEM for?

Can i buy gas? NO
Can i buy food ? NO
Can i buy clothes ? NO
Can i pay the bills ? NO
Then what is it for what can i do with NEM and from where the value comes out?

Have you people asked yourself this questions?
Have you asked what can I do to make NEM valuable.
Don't you think that  the value of NEM will increase when the answers to the above questions
will be all YES?

I'm in favor for inflation from 0.1% to 1% maximum but this depends of coin usage
and the economy expansion. And if NEM will be successful wide adopted
and used like currency then inflation is inevitable to keep more stable price.

But if the things are like Makoto mentioned that the inflation can be generated out colored coins also then
we should not have inflation in NEM beacsue this will increase inflation even more.

read the OP carefully, there is the guideline to do this.
or you can buy some tokens in AE.

Regarding supporting nodes, one internal proposal has been to take around half of the NEM stakes taken from socks and use those to randomly give out to people running nodes supporting the network. Given at a constant rate, we have a plan that will support the network for 3 years, after which time hopefully the transaction fees will be high enough in harvested blocks that people will want to run nodes to try to harvest.

What's wrong with 10 Billion?