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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1887. (Read 2984910 times)

hero member
Activity: 756
Merit: 506
NxT's price is collapsing because one of the original NxT whales (40 million) downloaded a keylog file and presumably close to 7 million has been dumped by a hacker so far and another 33 million will be dumped.   He had passwords to wallets worth several $million on a text file on his desktop.

https://nxtforum.org/general-discussion/price-speculation/5440/



This does relate to NEM as it is entirely traded on the AE and NxT's price changes has a huge effect.  A $500 NEMstake is possible if NxT continues to drop in price.

 
hero member
Activity: 588
Merit: 500
NEM ....best currency distribution ever ...!!!!!!!
Here is another picture   Kiss
 




WOW!

I think I want more NEM now.

Deary me , she prefers the CUBE

End of argument?
hero member
Activity: 588
Merit: 500
NEM ....best currency distribution ever ...!!!!!!!
Here is another picture   Kiss
 
*pickofcutie*



You ruined my idea there Smiley
I was going to suggest we tell people if x people make x transactions ont he testnet we'd post a picture of the "girl infront of the blackboard" showing her face (ofc if she would have been cool with it...i guess she was) Grin



Now, I don't mind waking up to this.very pleasing on the eye.can we get a daily pic?....lol....
hero member
Activity: 980
Merit: 1001
Here is another picture   Kiss
 
*pickofcutie*



You ruined my idea there Smiley
I was going to suggest we tell people if x people make x transactions ont he testnet we'd post a picture of the "girl infront of the blackboard" showing her face (ofc if she would have been cool with it...i guess she was) Grin

legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
Here is another picture   Kiss
 




WOW!

I think I want more NEM now.
legendary
Activity: 2124
Merit: 1013
K-ing®
Here is another picture   Kiss
 




Nice pic

I give 1 Nem stake for one date with that girl
hero member
Activity: 616
Merit: 500
TEZOS
- NEM Made In USA ?
- NEM Made In China ?
- NEM Made In Australia ?
- NEM Made In Russia ?
- NEM Made In Great Britain ?

NO !

NEM Made In World
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
Here is another picture   Kiss
 




Thanks, this made my day!
newbie
Activity: 23
Merit: 0
full member
Activity: 154
Merit: 100
Here is another picture   Kiss
 

You make me smile  Kiss
newbie
Activity: 23
Merit: 0
Here is another picture   Kiss
 
edit: removed

full member
Activity: 154
Merit: 100
sr. member
Activity: 299
Merit: 250
hero member
Activity: 497
Merit: 501

As I said before, I think people totally miss the point with the equality/fairness discussion. NEM has only sought to offer equality in opportunity but not in outcome. In fact NEM creates an incentive for smart, high productivity people to join, take risks, make significant contributions and get rewarded. Beside the dev team, everybody has received one stake and anybody can prove important to the project by contributing and as a result get rewarded. So beyond initial distribution, contribution and the free market will decide with how many stakes we end up. NEM is not communism, NEM is a meritocracy with equal chances offered to its stakeholders at the beginning. However, we will be responsible for our outcomes, and I'm sure, as this is natural, they will not be equal.

P.S. Remember the Marshmallow test.

Nailed it. Anything else would've been an impossible endeavor.
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Someone has already gathered 26 stakes. Maybe someone wants to create an infochart to compare distribution with Nxt and other cryptos but I guess soon it won't be much better than Nxt. The rich guys always protect their position by buying all promising coins. And unfortunately many Nemster cashed out to have quick cash... but we'll see how distribution is evolving.

Although i agree, in the end the NEM distribution is still plenty adequate in my eyes - sockpuppets or not. I don't think anything released thus far is comparable.

In the end, despite even the most honest and thorough intentions, socks and greed will always prevail. Wealth always accumulates into the hands of the few, often because they're the most determined to obtain it. I think it's just a symptom of human nature; we can hardly prevent this.

It's the thought that counts once everything is said and done, and this alone is worthy of merit. NEM's distribution has been the best i've seen so far. 26 stakes by one holder is disheartening, yes, but compared to the IPO of things like NXT, they still won't have anywhere near as much influence as what one of their initial stakeholders do. I think it was determined they'd need 100 stakes or more to have a similar impact.

In fact this is what makes Bitcoins distribution so admirable, at least in the early days. On release, anyone with a PC could mine. But now people have access to ASIC's and greed has already set in and made people buy GPU farms, any PoW coin release is never going to see a distribution like Bitcoins ever again. Ironically, it's this centralization of mining power that also poses a threat to the entire PoW model (51% attack). It would also explain sentiments such as this: http://www.reddit.com/r/CryptoCurrency/comments/2a2on3/soooooo_what_the_hell_is_happening_with_this/

It's why i see coins like NEM (And yes, even NXT) an unmissable alternative.

As I said before, I think people totally miss the point with the equality/fairness discussion. NEM has only sought to offer equality in opportunity but not in outcome. In fact NEM creates an incentive for smart, high productivity people to join, take risks, make significant contributions and get rewarded. Beside the dev team, everybody has received one stake and anybody can prove important to the project by contributing and as a result get rewarded. So beyond initial distribution, contribution and the free market will decide with how many stakes we end up. NEM is not communism, NEM is a meritocracy with equal chances offered to its stakeholders at the beginning. However, we will be responsible for our outcomes, and I'm sure, as this is natural, they will not be equal.

P.S. Remember the Marshmallow test.
hero member
Activity: 756
Merit: 506
How did NEM volume fall to 1/3rd?  People holding during the storm?
hero member
Activity: 840
Merit: 500
Risk taker & Black Swan farmer.
Some good ideas you have there, kodtycoon.
newbie
Activity: 54
Merit: 0
I love the raffle idea!

Good thinking!!

full member
Activity: 182
Merit: 100
Haha thanks

Il write a plan for the raffle in a while, still on the go. Think it nerds to stick to btt for the mean time. Best way to ensure loads of sock puppets aren't used across various platforms. We could use all other media to promote it though.

Cool

Rafle is a great idea, I think one click install should be available first though. If we want to attract users outside of BTT, we need to make sure it's as easy to install as any other mainstream app.
Yes your right, ok concentrate within btt for now, lower the prize in that case thinking of ROI.
When one click installer is done we could widen the raffle across media platforms and up the prize noone will complain.
sr. member
Activity: 252
Merit: 251
My Head is a Ritz
Haha thanks

Il write a plan for the raffle in a while, still on the go. Think it nerds to stick to btt for the mean time. Best way to ensure loads of sock puppets aren't used across various platforms. We could use all other media to promote it though.

Cool

Rafle is a great idea, I think one click install should be available first though. If we want to attract users outside of BTT, we need to make sure it's as easy to install as any other mainstream app.
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