NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 696.

LemonAndFriesOne

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Quote from: marcus_v on August 09, 2016, 10:43:13 PM

Quote from: LemonAndFriesOne on August 09, 2016, 08:20:35 PM

Quote from: marcus_v on August 09, 2016, 05:34:11 PM

agree. though with the price dropping all the time does not make me feel secure about trading this coin. I am just trading it because I already bought in before it dropped. I am moving it little by little till it is gone then I might buy in again when it stops dropping.

are you new to crypto coin scene marcus_v and how long have you been messing with crypto coins?

Quote from: yshin365new on August 09, 2016, 07:18:19 PM

Anticipating foundation of NEM legal entity.
Just curious what other coin/blockchain founded its own legal entity.

bitcoin and ripple from what I can tell

I have been around since 2013 as a miner building coin then tried trading and figured out I can make more trading. been doing day trading full time since 2015. I learned how to make bad trades profit. this one has been a challenge but almost there.

ok, I thought you were new to this

LemonAndFriesOne

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Quote from: nzminer on August 09, 2016, 08:35:58 PM

Quote from: LemonAndFriesOne on August 09, 2016, 08:20:35 PM

Quote from: marcus_v on August 09, 2016, 05:34:11 PM

agree. though with the price dropping all the time does not make me feel secure about trading this coin. I am just trading it because I already bought in before it dropped. I am moving it little by little till it is gone then I might buy in again when it stops dropping.

are you new to crypto coin scene marcus_v and how long have you been messing with crypto coins?

Quote from: yshin365new on August 09, 2016, 07:18:19 PM

Anticipating foundation of NEM legal entity.
Just curious what other coin/blockchain founded its own legal entity.

bitcoin and ripple from what I can tell

What about the Ethereum Foundfation?

think that one also, there's probably a few more

marcus_v

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Quote from: LemonAndFriesOne on August 09, 2016, 08:20:35 PM

Quote from: marcus_v on August 09, 2016, 05:34:11 PM

agree. though with the price dropping all the time does not make me feel secure about trading this coin. I am just trading it because I already bought in before it dropped. I am moving it little by little till it is gone then I might buy in again when it stops dropping.

are you new to crypto coin scene marcus_v and how long have you been messing with crypto coins?

Quote from: yshin365new on August 09, 2016, 07:18:19 PM

Anticipating foundation of NEM legal entity.
Just curious what other coin/blockchain founded its own legal entity.

bitcoin and ripple from what I can tell

I have been around since 2013 as a miner building coin then tried trading and figured out I can make more trading. been doing day trading full time since 2015. I learned how to make bad trades profit. this one has been a challenge but almost there.

overthetop2011

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Quote from: yshin365new on August 09, 2016, 05:21:02 PM

Quote from: PS1987 on August 09, 2016, 03:10:35 PM

It will go back to 500 sats. Still much more expensive than ico price, I think then it is a good time to buy

ICO price has nothing to do with the quality of coin/blockchain.
NEM's growth is based on its advanced quality by excellent dev team.

well said. totally agree

nzminer

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Quote from: LemonAndFriesOne on August 09, 2016, 08:20:35 PM

Quote from: marcus_v on August 09, 2016, 05:34:11 PM

agree. though with the price dropping all the time does not make me feel secure about trading this coin. I am just trading it because I already bought in before it dropped. I am moving it little by little till it is gone then I might buy in again when it stops dropping.

are you new to crypto coin scene marcus_v and how long have you been messing with crypto coins?

Quote from: yshin365new on August 09, 2016, 07:18:19 PM

Anticipating foundation of NEM legal entity.
Just curious what other coin/blockchain founded its own legal entity.

bitcoin and ripple from what I can tell

What about the Ethereum Foundfation?

LemonAndFriesOne

legendary

Activity: 1050

Merit: 1000

Quote from: marcus_v on August 09, 2016, 05:34:11 PM

agree. though with the price dropping all the time does not make me feel secure about trading this coin. I am just trading it because I already bought in before it dropped. I am moving it little by little till it is gone then I might buy in again when it stops dropping.

are you new to crypto coin scene marcus_v and how long have you been messing with crypto coins?

Quote from: yshin365new on August 09, 2016, 07:18:19 PM

Anticipating foundation of NEM legal entity.
Just curious what other coin/blockchain founded its own legal entity.

bitcoin and ripple from what I can tell

yshin365new

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Activity: 289

Merit: 250

Anticipating foundation of NEM legal entity.
Just curious what other coin/blockchain founded its own legal entity.

nzminer

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Activity: 1918

Merit: 1001

Quote from: marcus_v on August 09, 2016, 05:34:11 PM

agree. though with the price dropping all the time does not make me feel secure about trading this coin. I am just trading it because I already bought in before it dropped. I am moving it little by little till it is gone then I might buy in again when it stops dropping.

Just buy bits at a time and hold and forget about the short term cost, I tend to stay away from day trading anything as thats when i have always lost.

marcus_v

member

Activity: 151

Merit: 10

agree. though with the price dropping all the time does not make me feel secure about trading this coin. I am just trading it because I already bought in before it dropped. I am moving it little by little till it is gone then I might buy in again when it stops dropping.

yshin365new

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Activity: 289

Merit: 250

Quote from: PS1987 on August 09, 2016, 03:10:35 PM

It will go back to 500 sats. Still much more expensive than ico price, I think then it is a good time to buy

ICO price has nothing to do with the quality of coin/blockchain.
NEM's growth is based on its advanced quality by excellent dev team.
NEM is still very very cheap for its quality.

marcus_v

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I think so too more people are buying than selling it.

just sold the coin I bought today wish everyday was like this

PS1987

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It will go back to 500 sats. Still much more expensive than ico price, I think then it is a good time to buy

marcus_v

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would be nice if it stayed at the 1000k mark. has dropped over 100 points. wonder if it will go back to 800 or more

vinci

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Be a NEMber- nem.io

wow a lot of buy support in polo today. any good news lately?

rockethead

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Quote from: garthkiser on August 09, 2016, 12:15:43 AM

Is there any connection between DistributedLab and NEM developers? DL seems to claim so: http://distributedlab.com/ournem/

Be careful of these guys. They were doing something for Crypto Apex and they never delivered. The screenshot is a Crypto Apex solution screenshot and was full of bugs. The situation now is that Crypto Apex had to complete it somewhere else with a set of broken code.

BloodyRookie

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Quote from: BloodyRookie on August 09, 2016, 03:10:59 AM

Quote from: ?? on ??

I am in favor of the proposal however I'd rather see a win-win situation for both the community and the NEM devs by pegging and thereby limiting the amount that devs can arbitrarily reward themselves each year to the rise in market cap. Let's say a year runs from January 1 2015 to January 2016, compare the market cap on both data, say it has risen 40m, let's peg it to 0.5 percent, which means devs can reward themselves 200k all throughout 2016. This way we won't risk moral hazard situations and suspicion from the community. Let's peg it to the amount of the rise of market cap at say 0.5 percent maximum. That way we all win and devs have a little extra incentive to perform well. Wink

Just as a side note: the devs (i mean the coders) will not get payed from the legal entity for coding.
NEM software developement and the legal entity are different things.

I was noticed that there might be a misunderstanding of my statement.
First of all i can of course only speak for myself and not the other core devs.
Right now i am occupied developing catapult and have no time for doing additional things for the CLG like train people, marketing or other stuff. So i expect no payment for anything like that.
Of course we have people developing the smartphone apps and new wallets and they need to get paid just as they get paid now.

LemonAndFriesOne

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Quote from: BloodyRookie on August 09, 2016, 03:10:59 AM

Quote from: ?? on ??

I am in favor of the proposal however I'd rather see a win-win situation for both the community and the NEM devs by pegging and thereby limiting the amount that devs can arbitrarily reward themselves each year to the rise in market cap. Let's say a year runs from January 1 2015 to January 2016, compare the market cap on both data, say it has risen 40m, let's peg it to 0.5 percent, which means devs can reward themselves 200k all throughout 2016. This way we won't risk moral hazard situations and suspicion from the community. Let's peg it to the amount of the rise of market cap at say 0.5 percent maximum. That way we all win and devs have a little extra incentive to perform well. Wink

Just as a side note: the devs (i mean the coders) will not get payed from the legal entity for coding.
NEM software developement and the legal entity are different things.

ok so basically NEM is a getting a board of directors like many companies out there, or am I missing something.

"A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization, which can include a non-profit organization or a government agency or corporation."

Board of directors - Wikipedia, the free encyclopedia

https://en.wikipedia.org/wiki/Board_of_directors

DIMKAZDS

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next pump wave?

gimre

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Quote from: fragout on August 09, 2016, 03:57:01 AM

Once again , who are the people that will make up this legal entity? I presume they cannot remain anonymous anymore as their names will be on a legal document

I don't think that can be answered now, as it's not finalized/ready yet.

gimre

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Quote from: nzminer on August 09, 2016, 12:47:22 AM

Quote from: garthkiser on August 09, 2016, 12:15:43 AM

Is there any connection between DistributedLab and NEM developers? DL seems to claim so: http://distributedlab.com/ournem/

Interesting claim they make, perhaps they were involved early on in the peace?

seems like a modded ncc, first time I'm seeing this, but it's open source, so they are free to do so.

Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 696. (Read 2985369 times)