I have Nemstake on my NXT account. Am I up to date on the redemption process?
Sure thing. 
Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1652. (Read 2985369 times)
October 19, 2014, 01:08:56 PM
October 19, 2014, 12:22:15 PM
I am leaning towards agreeing with everyone that this discussion should probably just be left alone. It seems like there are quite a few who do think we should change the total amount of coins, but I think that decision will ultimately undermine investor confidence, at least in the short-term. Long term, it really could go either way, but I think that the effects would be so minimal that risking short-term investor confidence is too much of a risk for a very minimal long-term gain (if any).
After thinking about it carefully for a significant amount of time since this discussion came about, I have come to the conclusion that the risk to reward ratio for this decision is simply not good enough for me to be able to support any changes.
After thinking about it carefully for a significant amount of time since this discussion came about, I have come to the conclusion that the risk to reward ratio for this decision is simply not good enough for me to be able to support any changes.
Stick with the original plan!
Yes I agree - stick with the original plan.
Seems to me that since our Nem keys were posted (and things started to look serious), this forum has been full of 'distractions'
First we had 'what happens to the unclaimed stakes?'
Now we have - '4 billion is a superstitious number'
Can't help but wonder if these supposed issues are meant to delay or distract the developers from getting on with developing Nem?
I don't think it is distracting or causing any delay. The developers are busy doing their developer things. If anything, I think it is healthy that we have these discussions. As stated numerous times here, this is more than just a simple cryptocurrency pump and dump. This is the beginning of a movement and an entirely new cryptocurrency ecosystem that we are hoping will set the standard for the future of finance in the digital age. We need to have these discussions to make sure that everything is done right.
If there was no concern about the number of total coins, this discussion never would have started up in the first place. Obviously some members of the community feel it is an important issue, so it is important that we let their voices be heard and discuss it in a civil manner as a community, which we have done. That is really our job as participants in this movement. The developers are doing their job, and we are doing ours.
I would much rather we discuss these matters and actually have a meaningful debate about them instead of the developers having total authoritarian control over every aspect of NEM and how it works.
October 19, 2014, 12:10:02 PM
I don´t care if 4 or 8 bil, but please decide it now and stop this dump discussion.
October 19, 2014, 12:05:19 PM
I am leaning towards agreeing with everyone that this discussion should probably just be left alone. It seems like there are quite a few who do think we should change the total amount of coins, but I think that decision will ultimately undermine investor confidence, at least in the short-term. Long term, it really could go either way, but I think that the effects would be so minimal that risking short-term investor confidence is too much of a risk for a very minimal long-term gain (if any).
After thinking about it carefully for a significant amount of time since this discussion came about, I have come to the conclusion that the risk to reward ratio for this decision is simply not good enough for me to be able to support any changes.
After thinking about it carefully for a significant amount of time since this discussion came about, I have come to the conclusion that the risk to reward ratio for this decision is simply not good enough for me to be able to support any changes.
Stick with the original plan!
Yes I agree - stick with the original plan.
Seems to me that since our Nem keys were posted (and things started to look serious), this forum has been full of 'distractions'
First we had 'what happens to the unclaimed stakes?'
Now we have - '4 billion is a superstitious number'
Can't help but wonder if these supposed issues are meant to delay or distract the developers from getting on with developing Nem?
October 19, 2014, 11:56:03 AM
I am leaning towards agreeing with everyone that this discussion should probably just be left alone. It seems like there are quite a few who do think we should change the total amount of coins, but I think that decision will ultimately undermine investor confidence, at least in the short-term. Long term, it really could go either way, but I think that the effects would be so minimal that risking short-term investor confidence is too much of a risk for a very minimal long-term gain (if any).
After thinking about it carefully for a significant amount of time since this discussion came about, I have come to the conclusion that the risk to reward ratio for this decision is simply not good enough for me to be able to support any changes.
After thinking about it carefully for a significant amount of time since this discussion came about, I have come to the conclusion that the risk to reward ratio for this decision is simply not good enough for me to be able to support any changes.
Stick with the original plan!
October 19, 2014, 11:16:48 AM
I am leaning towards agreeing with everyone that this discussion should probably just be left alone. It seems like there are quite a few who do think we should change the total amount of coins, but I think that decision will ultimately undermine investor confidence, at least in the short-term. Long term, it really could go either way, but I think that the effects would be so minimal that risking short-term investor confidence is too much of a risk for a very minimal long-term gain (if any).
After thinking about it carefully for a significant amount of time since this discussion came about, I have come to the conclusion that the risk to reward ratio for this decision is simply not good enough for me to be able to support any changes.
After thinking about it carefully for a significant amount of time since this discussion came about, I have come to the conclusion that the risk to reward ratio for this decision is simply not good enough for me to be able to support any changes.
October 19, 2014, 11:07:42 AM
Merit of 8 billion NEM.(from a discussion until now)
1) Lucky number.---->popularity --------> large market
2) Soon, world population become 8 billion. ----> 1 NEM per 1 person!
3) 2 million NEM per 1 stakehloder (Double NEMillionaire) -------> Half sell, still NEMillionaire ----------> Wide distribution of NEM----------> NEM's popularity & prosperity.
Somebody please show me the merit of 4 billion NEM shortly.
If he shows the more merit, I will throw away 8 billion and support 4 Billion.
Thanks in advance.
1) Lucky number.---->popularity --------> large market
2) Soon, world population become 8 billion. ----> 1 NEM per 1 person!
3) 2 million NEM per 1 stakehloder (Double NEMillionaire) -------> Half sell, still NEMillionaire ----------> Wide distribution of NEM----------> NEM's popularity & prosperity.
Somebody please show me the merit of 4 billion NEM shortly.
If he shows the more merit, I will throw away 8 billion and support 4 Billion.
Thanks in advance.
The downsides of 8 bill are enough merrit for 4 bill.
It was 4 bill for almost a year now and people are aware of that number. Changing it now will not only make people scratch their heads it will also look like we're all over the place changing stuff like this in the last possible moment out of superstition.
!. Would you please explain the downsides of 8 Billion NEM?
2. You pointed out "change of design(plan)". I understand your position. If I were a member of dev team, I would think like you,too.
But Change of Design itself is not bad thing. Sometimes, Change of design is necessary for good result.
!. Would you please explain the downsides of 8 Billion NEM?
He just did. You can not make up the rules after the game has begun. Unless you want to lose investor confidence. This discussion is ridiculous.
October 19, 2014, 11:03:11 AM
I don't understand why its a big focus now when everyone knew 4 billion was the number all along. I don't think its going to have an effect on adoption.
If Nem turns out as great as we all believe, a little superstition won't matter.
If Nem turns out as great as we all believe, a little superstition won't matter.
October 19, 2014, 10:24:25 AM
NEM 6th newsletter is out: https://medium.com/@xtester/nem-newsletter-6-2014-10-19-6cc2c2cc99be
Enjoy!
Enjoy!
Thanks for sharing.
October 19, 2014, 10:03:42 AM
NEM 6th newsletter is out: https://medium.com/@xtester/nem-newsletter-6-2014-10-19-6cc2c2cc99be
Enjoy!
Enjoy!
finally ;-)
October 19, 2014, 09:56:13 AM
Merit of 8 billion NEM.(from a discussion until now)
1) Lucky number.---->popularity --------> large market
2) Soon, world population become 8 billion. ----> 1 NEM per 1 person!
3) 2 million NEM per 1 stakehloder (Double NEMillionaire) -------> Half sell, still NEMillionaire ----------> Wide distribution of NEM----------> NEM's popularity & prosperity.
Somebody please show me the merit of 4 billion NEM shortly.
If he shows the more merit, I will throw away 8 billion and support 4 Billion.
Thanks in advance.
1) Lucky number.---->popularity --------> large market
2) Soon, world population become 8 billion. ----> 1 NEM per 1 person!
3) 2 million NEM per 1 stakehloder (Double NEMillionaire) -------> Half sell, still NEMillionaire ----------> Wide distribution of NEM----------> NEM's popularity & prosperity.
Somebody please show me the merit of 4 billion NEM shortly.
If he shows the more merit, I will throw away 8 billion and support 4 Billion.
Thanks in advance.
The downsides of 8 bill are enough merrit for 4 bill.
It was 4 bill for almost a year now and people are aware of that number. Changing it now will not only make people scratch their heads it will also look like we're all over the place changing stuff like this in the last possible moment out of superstition.
!. Would you please explain the downsides of 8 Billion NEM?
2. You pointed out "change of design(plan)". I understand your position. If I were a member of dev team, I would think like you,too.
But Change of Design itself is not bad thing. Sometimes, Change of design is necessary for good result.
October 19, 2014, 09:45:52 AM
NEM 6th newsletter is out: https://medium.com/@xtester/nem-newsletter-6-2014-10-19-6cc2c2cc99be
Enjoy!
Enjoy!
October 19, 2014, 09:11:52 AM
This is an operation of communication and seduction for the asian market
3 999 999 is fine for me it is just 1 nem less and it can change a lot of things
3 999 999 is fine for me it is just 1 nem less and it can change a lot of things
October 19, 2014, 09:05:24 AM
Merit of 8 billion NEM.(from a discussion until now)
1) Lucky number.---->popularity --------> large market
2) Soon, world population become 8 billion. ----> 1 NEM per 1 person!
3) 2 million NEM per 1 stakehloder (Double NEMillionaire) -------> Half sell, still NEMillionaire ----------> Wide distribution of NEM----------> NEM's popularity & prosperity.
Somebody please show me the merit of 4 billion NEM shortly.
If he shows the more merit, I will throw away 8 billion and support 4 Billion.
Thanks in advance.
1) Lucky number.---->popularity --------> large market
2) Soon, world population become 8 billion. ----> 1 NEM per 1 person!
3) 2 million NEM per 1 stakehloder (Double NEMillionaire) -------> Half sell, still NEMillionaire ----------> Wide distribution of NEM----------> NEM's popularity & prosperity.
Somebody please show me the merit of 4 billion NEM shortly.
If he shows the more merit, I will throw away 8 billion and support 4 Billion.
Thanks in advance.
The downsides of 8 bill are enough merrit for 4 bill.
It was 4 bill for almost a year now and people are aware of that number. Changing it now will not only make people scratch their heads it will also look like we're all over the place changing stuff like this in the last possible moment out of superstition.
October 19, 2014, 08:56:42 AM
Merit of 8 billion NEM.(from a discussion until now)
1) Lucky number.---->popularity --------> large market
2) Soon, world population become 8 billion. ----> 1 NEM per 1 person!
3) 2 million NEM per 1 stakehloder (Double NEMillionaire) -------> Half sell, still NEMillionaire ----------> Wide distribution of NEM----------> NEM's popularity & prosperity.
Somebody please show me the merit of 4 billion NEM shortly.
If he shows the more merit, I will throw away 8 billion and support 4 Billion.
Thanks in advance.
1) Lucky number.---->popularity --------> large market
2) Soon, world population become 8 billion. ----> 1 NEM per 1 person!
3) 2 million NEM per 1 stakehloder (Double NEMillionaire) -------> Half sell, still NEMillionaire ----------> Wide distribution of NEM----------> NEM's popularity & prosperity.
Somebody please show me the merit of 4 billion NEM shortly.
If he shows the more merit, I will throw away 8 billion and support 4 Billion.
Thanks in advance.
October 19, 2014, 08:29:46 AM
I come from China, I like to talk my thought about 4 Billion issue, in China statutory measurement units , we will call the 4 billion is 40 yi (yi pronunciation is E (in A B C D E), and 40 is not so bad as 4 in China culture.
But i don't know other Asia issue about 4 billion.
if we still want change the quantity, I suggest the number 3.99 billion,because 3.99 billion =21 million*190.
and 21 million is bitcoin quantity, while 190 is a good number in China, it means live long, bitcoin*190 will means we can live longer than bitcoin.
The hate for 4 comes from the pronuncination of 4 (= 四 [sì]) is almost same with the pronunciation of death(=死[sǐ])But i don't know other Asia issue about 4 billion.
if we still want change the quantity, I suggest the number 3.99 billion,because 3.99 billion =21 million*190.
and 21 million is bitcoin quantity, while 190 is a good number in China, it means live long, bitcoin*190 will means we can live longer than bitcoin.
4 = 四 [sì]
40 = 四十 [sìshí]
40 includes 4 in pronunciation.
EDIT/
My hobby is banknote collecting.
The special serial no. banknote is expensive.
Solid number note(1111111, 2222222,.....9999999) is most expensive.
Among them, 8888888 is most expensive, and 4444444 is cheapest in spite of same rarity.
Million number note(1000000, 2000000,.....9000000) is expensive, too.
Among them, 8000000 is most expensive, and 4000000 is cheapest in spite of same rarity.
The love/hate for special number also influences on the price like this.
You should post this on the NEM forum.
In Japan as well, death and the number 4 are both pronounced し (shi). The dislike is so great that the number 4's pronunciation changes to よん (yon) in most cases.
The dislike in Japan is not just from the similarity, but also from the 神道 (shinto) belief in 言霊 (kotodama). The idea that words and sounds have power and meaning in themselves. It is similar to Judaism/Christianity/etc that teaches that God created everything through the use of The Word.
if we still want change the quantity, I suggest the number 3.99 billion,because 3.99 billion =21 million*190.
and 21 million is bitcoin quantity, while 190 is a good number in China, it means live long, bitcoin*190 will means we can live longer than bitcoin.
and 9 means forever in China culture.
Also everyone still know NXT's original 21 btc investment.
And in current important time , we just multiply to 8 billion will be considered not serious about our NEM.
An interesting note about that 21 btc investment. "The plan of BCNext was to switch from NXT to subcurrencies at the price where 1'000'000'000 NXT = 21'000'000 BTC. This is why initial distribution was cut at ~21 BTC. To have a nice-looking 1'000'000-fold increase in price." -CfB https://nxtforum.org/general-discussion/price-speculation/msg117080/#msg117080
October 19, 2014, 08:28:55 AM
Hey it is good to worry about our chinese nemster investors
Yea lets do it 3,999,999,999!
Yea lets do it 3,999,999,999!
Would that change the case ... maybe not because in common discussions and blogs etc, the amount would still be rounded up to 4...
Unless everyone remembers to remind that it is not actually equal to 4 000 000 000, but ... (and tells all the background of the number
) October 19, 2014, 08:17:41 AM
3,999,.... or 3,,888,... to avoid 4 billion is just a trick of number.
They are (roughly/about) 4 billion if we round up.
The amount of NXT is 999,997,096. but people say/think NXT amount is 1 Billion.
Even NEM dev team said 4 billion NEM is determined by 4 times of 1 Billion NXT.
If we chose 3.99 billion, less 10 million than 4 billion, while 10 million will be current Bitcoin circulation，while NXT just less 3 thousand than 1 billion. So I don't think we can still call NEM issued 4 billion. Ten million difference should not be ignored. we will call the number 3.99 billion as 39亿(亿=1/10 billion) 9千万(千万=10 million) in China.Of course ,in west country ,3.99 billion maybe still regarded same as 4 billion. But our purpose is to happy asian people for this.So if 3.99billion can make it ,we will be OK.They are (roughly/about) 4 billion if we round up.
The amount of NXT is 999,997,096. but people say/think NXT amount is 1 Billion.
Even NEM dev team said 4 billion NEM is determined by 4 times of 1 Billion NXT.
Problem is that people will round 3.9 billion up to 4.
@pat: Playstation Death just sounds awesome
I Googled: "PS4 Sales Japan" and got a whole bunch of news articles about poor PS4 sales within Japan. PS4 is supposedly getting crushed by Wii U?
I googled PS4 sales in asia and got messages that it's doing twice as good as the PS 2 did.
October 19, 2014, 08:16:43 AM
3,999,.... or 3,,888,... to avoid 4 billion is just a trick of number.
They are (roughly/about) 4 billion if we round up.
The amount of NXT is 999,997,096. but people say/think NXT amount is 1 Billion.
Even NEM dev team said 4 billion NEM is determined by 4 times of 1 Billion NXT.
If we chose 3.99 billion, less 10 million than 4 billion, while 10 million will be current Bitcoin circulation，while NXT just less 3 thousand than 1 billion. So I don't think we can still call NEM issued 4 billion. Ten million difference should not be ignored. we will call the number 3.99 billion as 39亿(亿=1/10 billion) 9千万(千万=10 million) in China.Of course ,in west country ,3.99 billion maybe still regarded same as 4 billion. But our purpose is to happy asian people for this.So if 3.99billion can make it ,we will be OK.They are (roughly/about) 4 billion if we round up.
The amount of NXT is 999,997,096. but people say/think NXT amount is 1 Billion.
Even NEM dev team said 4 billion NEM is determined by 4 times of 1 Billion NXT.
Problem is that people will round 3.9 billion up to 4.
@pat: Playstation Death just sounds awesome
I Googled: "PS4 Sales Japan" and got a whole bunch of news articles about poor PS4 sales within Japan. PS4 is supposedly getting crushed by Wii U?
October 19, 2014, 08:00:44 AM
https://forum.nemcoin.com/index.php?topic=2540.msg6819;topicseen#msg6819
Total number of coins part 2
I forgot to put in an poll expiration but I hope that doesn't affect things too much.
Total number of coins part 2
I forgot to put in an poll expiration but I hope that doesn't affect things too much.
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