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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1653. (Read 2985369 times)

legendary
Activity: 1059
Merit: 1016
Don't worry. Price went to 43333 and then 44000 and then 44988 and 44999 and now 46888.

For those who are superstitious, These are auspicious numbers. So the sign says, 4B is good.

有三有九有八不可能死!! 不担心,NEM一定要到月球。 我们不需要运气。
hero member
Activity: 595
Merit: 500
...and no one will get their dreamed up million. On the other hand, maybe it will make NEM holders buy some NEM just to get to 1mil. so it might have counter-dumping effect Cheesy
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
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.


Problem is that people will round 3.9 billion up to 4.

@pat: Playstation Death just sounds awesome Cheesy
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
only 3.9 stakes in sell orders till we reach 99.900nxt, looks like majority is realizing the potential of their stakes in the new economy movement Smiley

To be honest, 100k per NEMstake is a fair price if we consider that this coin will launch in few weeks with 3-4 features that are promised and all shows that it will launch just as promised. Also add to this a beautiful, open sourced client.

100k NXT per NEMstake puts a valuation at 1 NXT = 2,5 NEM if we take into consideration that it will be 4 times more NEM than NXT and I think this is fair, especially if we consider that NXT should be worth much more considering its features, but unfortunately it will not be worth more in the near future because of the initial distribution problem and whales cashing out constantly while putting downward pressure on the price.

So, whoever is reading this and thinking about investing - don't think, just go for it!!  Smiley
hero member
Activity: 980
Merit: 1001
I'm wondering why the PS 4 is doing so well in asia. It's basically the playstation death right ?
I think you people are going a little over board with this whole superstition.
newbie
Activity: 23
Merit: 0
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.
newbie
Activity: 38
Merit: 0
Hello everybody,

I am impressed with this project and the community. All of the features and especially initial distribution looks great and gives this coin a lot of potential.

How can I invest into NEM?

Thanks
member
Activity: 69
Merit: 10
only 3.9 stakes in sell orders till we reach 99.900nxt, looks like majority is realizing the potential of their stakes in the new economy movement Smiley
hero member
Activity: 756
Merit: 506

Superstitious is fine.  Self-fulfilling prophecies is generally where the trouble happens.  I'm reminded of Phinnaeus Gage who used to have 1000s of Bitcoins and recently took out a loan of 2.5 BTC and ran off.   Likewise the guys who lost $millions on the dice games.
newbie
Activity: 23
Merit: 0
I'm a fan of the Australian single transferable vote but that's difficult to do with a forum poll.  I think I might reset the poll and leave two options


3,999,999,999 (4 billion)
8,000,000,000


Can add my suggestion 3,990,000,000 (=21million*190) on poll . for the number 3,999,999,999 ,we will still say NEM issued 4 billion in China.


I misread what you wrote earlier, yes I will put it down as 3,990,000,000
Thanks ,TaunSew, I am happy my suggestion was chosen one option by your dev. Hope can be chosen as the NEM number finally.
sr. member
Activity: 289
Merit: 250
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.
hero member
Activity: 756
Merit: 506
I'm a fan of the Australian single transferable vote but that's difficult to do with a forum poll.  I think I might reset the poll and leave two options


3,999,999,999 (4 billion)
8,000,000,000



Might be a good idea yes.
If the only goal is to get away from 4, why do you want to double it ?

We've had this discussion already - 4 is a bad number in Asia and 8 is a good number, to get 4 to 8 is a simple multiplication of 2.  To get to 5, 6 or 7 has to involve fractions.  I'm not a fan of burning 1 or 10 stakes as personally I feel people would just round up in their heads to 4 billion.

Capitalization wise both numbers have an impact.  4 billion might result in less sell off as the initial stakeholders may be more determined to remain NEMillionaires but at the cost that 4B coins might alienating to several cultures.  You can flip this around for the 8 billion, might be more culturally sensitive but it could also result in initial stakeholders going "geez I have 2 million coins, I'm going to sell off half"
hero member
Activity: 980
Merit: 1001
legendary
Activity: 1036
Merit: 1000
Nemster are superstitious  Cool
hero member
Activity: 756
Merit: 506
I'm a fan of the Australian single transferable vote but that's difficult to do with a forum poll.  I think I might reset the poll and leave two options


3,999,999,999 (4 billion)
8,000,000,000


Can add my suggestion 3,990,000,000 (=21million*190) on poll . for the number 3,999,999,999 ,we will still say NEM issued 4 billion in China.


I misread what you wrote earlier, yes I will put it down as 3,990,000,000
newbie
Activity: 23
Merit: 0
I'm a fan of the Australian single transferable vote but that's difficult to do with a forum poll.  I think I might reset the poll and leave two options


3,999,999,999 (4 billion)
8,000,000,000


Can add my suggestion 3,990,000,000 (=21million*190) on poll . for the number 3,999,999,999 ,we will still say NEM issued 4 billion in China.
hero member
Activity: 980
Merit: 1001
I'm a fan of the Australian single transferable vote but that's difficult to do with a forum poll.  I think I might reset the poll and leave two options


3,999,999,999 (4 billion)
8,000,000,000



Might be a good idea yes.
If the only goal is to get away from 4, why do you want to double it ?
hero member
Activity: 756
Merit: 506
I'm a fan of the Australian single transferable vote but that's difficult to do with a forum poll.  I think I might reset the poll and leave two options


3,999,999,999 (4 billion)
8,000,000,000

full member
Activity: 186
Merit: 100
Hey it is good to worry about our chinese nemster investors  Wink
Yea lets do it 3,999,999,999!
Solution is then very easy, leave the total supply at 4B and you burn one NEM to get to 3,999,999,999..  Grin

It would be next close to our aimed 4B.

+1
legendary
Activity: 1036
Merit: 1000
Hey it is good to worry about our chinese nemster investors  Wink
Yea lets do it 3,999,999,999!
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