Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1776. (Read 2985265 times)

I think we would have a good chance since they only want coins that are not copy paste. but what benefit does that give NEM aside from maybe a bull run? I havent fully understood the purpose of the supernetwork. Are we going to be able to trade coins on the supernetwork platform? 

We are not making a huge profit, but we are coming out ahead enough to pay for mobile app dev, etc. The fact that silver and gold are so cheap right now really helps.

So, since it is surely a no brainer, get all your friends and relatives to buy the gold. You don't need to think.  Yes, you are in fact missing something here - that you are not buying any of the gold coins.

I do not think the bank understands what Crypto 2.0 means just yet. If you look around you, all they talk about is Bitcoin and Bitcoin. They know next to nothing about anything else.

When I talk about the bank, I am talking about the decision makers, not the IT bloke in the IT department who may know a lot about Cryptos. But his voice won't be heard at the top.

They probably know about Bitcoins and their implications in general, but I doubt they know how big that "hole" is beneath them. They probably think that it is a small hole that they can "patch" and it shouldn't matter much.

Like Internet, when critical mass hits, it will be too late as the hole will be as powerful as a black hole! So, I still think it is a case of Kodak  being reenacted.

After all, about 2 milllion people know about cryptos in "more detail", of which maybe about 10K know HOW to design the black hole and probably another 100K know how to put that design to work and some of them are here in NEM.

The rest of the world only has periphery knowledge. If you go out there and talk to any banker you will most probably find these answers more common than the implications of Crypto 2.0:

I thought Mount Gox is dead? So, why are you talking about Bitcoin?
Bitcoin is scam/Ponzi
Bitcoin is money laundering
Bitcoin is used to finance crime and terrorism
Bitcoin is not supported by governments.


And finally, this is the greatest joke and it is real!!

An authority, ( I wouldn't name) but it is not a third world authority for sure, actually told someone who wanted to operate an exchange about this when Mt. Gox went bust - "So, now that Mt. Gox is dead, do you still need the MSB license?"


If the banks know about the consequences, they would have spent $100B and hoard all the bitcoins and control the crypto world. Like what Amy said, what is 100B when these banks are in control of tens of trillions. Money is just a digital print and is cheap. Besides, they are in control of regulators and can change the goal posts overnight so that they can invest in Cryptos.

No worries. Never be discouraged! If you look at the NCC, all those interface words are what we want to translate to into Tagalog. As long as the words bear its right meaning in Tagalog (and not necessary literal translation), then this is what you need to do.

I don't think it is that hard as most words are standard interface words. Things like, current balance, recipient, sender, confirmation, transaction, statistics, details, fees, etc.

pm me your google email address if you are bold enough and I can give you a sample file to work on. 

I will give it  whirl, but Some of the words will have to be in English still because filipinos
use a lot of English in their sentences. but I will do my best to have them all in Tagalog would that be ok.

How does converting NXT to NEMstake equate to profit?

This is the file that needs to be translated: https://raw.githubusercontent.com/NewEconomyMovement/NemCommunityClient/master/nem-client-api/src/main/webapp/scripts/languages/english.js

Do you think you can do it?

I'm a little discourage now lol. how hard is it? I got some free time.

Shipping and insurance are a significant portion of the silver's cost. Base metal is really only a small part.
Gold base metal costs more, but the shipping and insurance are only slightly higher than for silver. Packaging costs are the same.

I think the gold coins are an insane bargain. Problem is not many people have 48k NXT or 2 NEMstake sitting around.

If you want to buy bulk, we can probably arrange a significant discount, because it would be cheaper to ship (and shipping costs are really high!).

NEM is and was a voluntary association, not an IPO  
http://en.wikipedia.org/wiki/Voluntary_association

But yes, I agree that UP's distribution plan was good. Only problem is that it took so much time to do taint analyses, etc. Glad I wasn't the one doing it

Why is nemgold selling for such a considerable discount compared to nemsilver? How are you guys making any profit for the crowd funding selling below spot? And how come these have not been eaten up already?

Surely this is a no brainer or am I missing something here?

Any currency, fiat or not, is threatened by alternatives. I'd wager bankers are well aware of the threat Crypto poses.

No doubt, they'll use their resources to manipulate crypto's to their gain. It's why i favored NEM's IPO with investment caps/requirements and other restrictions - it acts as a deterrent to any entity with large weath/resources from immediately crippling a currency like NEM at it's most vulnerable stage; the distribution.

thanks for answering

They will be minted once we make enough to order.

Here are some digital renderings I did based on the preliminary design (final design will be worked out with the mint to best meet their capabilities):

https://i.imgur.com/odw6XTb.jpg
https://i.imgur.com/2RYs0iB.png
https://i.imgur.com/z6Kb7Y3.png
https://i.imgur.com/XTnAV98.png

They have not been minted yet. If you check out http://altnemo.com/ you can see what they will look like though.

makoto1337 sounds very very cool. could you please post a picture here shot with your digital camera so I can see how these coins looks like? the silver and the gold one please both! thanks!

Oh, I'm sure they know. But it's just like what happened with Kodak when they ignored the potential of the digital camera, which one of their own engineers invented. A gigantic corporation that thought they were invincible and would never be threatened by such a technology in its infancy. That is, until they ended up going bankrupt decades later as a direct result of the technology they ignored and dismissed as pointless and non-threatening.

Perhaps the bankers are smarter than Kodak or many of the other corporations who have shared a similar fate in recent history, but only time will tell.

We are selling on the NXT AE for 2500 NXT atm. 2500*0.026600 = $66.5 (not $90). This is also proof, bullion quality from the Perth Mint, not junk silver sold in bulk.

This includes:

• "special privileges" in AltNemo. This is likely to be worth much, much more than the coin costs
• international, insured shipping (which costs more than the base metal
• 100 NEM cold wallet
• coin packaging

See http://altnemo.com/ for all the various payment options.

If you look at how much silver bitcoins are selling for, I have seen 1 oz of silver from 2BTC - 15 BTC for one coin. These were not even minted by a famous mint like the Perth Mint, either. So I think the coins can easily be worth 10-30x what you pay now, once you consider everything. If you buy 6, you get 1 free, too.

Gold is selling for 47500 NXT atm, which is 47500*0.026600 = $1263, which is under spot price. Gold coins come with significantly more "special privileges" in AltNemo, as well, making this easily the best deal in crypto if you have $1200 sitting around (again, this price includes shipping).

Anyone on the original stakeholder list who buys a gold coin will get a free silver coin, too  

Thank you for posting amytheplanarshift that was a really exciting and interesting read
just one little thing I think banks most likely very well know whats going on underneath them just right now its probably still just like peanuts to them as you say so they probably don't care much yet