Topic: NXT VS NEM (Read 14422 times)

Qora is better than NXT or NEM and is going to explode up soon. There argument solved.

Thread locked.

NEM is better than NAS i think 

I think he's truly only interested in arguing.

There's no equivocation in my argument.
Your retort with an ad nauseum and an accusation of semantic arguing is not a counterargument but a red herring.

You keep on spewing lies about NEM and clearly ignore that NxT has severe flaws.  If you don't like logic or choose to ignore it then let's look at the math.  NxT, before the public knew about it's terrible distribution, was $0.09.  NxT, after the public knew about the distribution and started planning forks, went down to $0.025 by April 2013.

NxT's main rhetoric is that it's innovative but at the same time it's flawed rhetoric as there are multiple coins as innovative as NxT and/or the mainstream user does not care about innovation beyond a marketing point (as people almost never use the complete functionality of their smartphones, computers or websites like Facebook).

I always forget why I shouldn't argue with you.. You are always using semantics to make your argument and don't see the big picture that make your argument invalid all the time.

No need for straw man arguments.  NEM's distribution was never about distributing something to all 7 billion people on the planet.

It's to ensure that the coin's distribution wasn't divided in a cronyism fashion and to ensure stability by preventing whales.  



If we take NxT's example - only 20 accounts invested the 1 BTC but we don't know who those 20 accounts are, it could just be 10 people and 6 of them are BCnext and/or his friends.  

It will be even *unfair* when millions of people have an account and funds.

Just think about it, in 100 years 95+% of the people living then are not alive today. Do you think they will be happy with the distribution today?

Well shit, you can't make something "fair".... Nothing is fair in the world, and 70, 3000, or 1 million. Everything is unfair, and using that as an argument is stupid, the only thing that matters is network effects and fact is that NXT has more active participants than NEM will have at start.

So stop blarring please and concetrate on making NEM a great coin.

+1


While arguing who has the fairest distribution is fun  until we devise a way to get crypto into the hands of a significant number of people who won't dump it immediately, we're wasting our time. (Someone crudely says we are arguing over the winner of 'the tallest midget' competition here)

The fact is, if crypto takes off then we are all the 1% and we will have to listen to millions of people tell us how unfair the rise of crypto was as they weren't even aware it was happening.

So I also add my *yawn* to yaunSeW's tedious essays 

YAWN
this thread still going lol

I don't understand this sock obsession as NxT's preferred vehicle of FUD as it's a weak choice.  To match the power of a NxT whale, who acquired 5% of NxT for 1 BTC ($150 in October 2013), one would have to create 160 sockpuppets in NEM or 40 sockpuppets in NODE.

 Mind you nothing stopped someone from creating 3 NxT whales as there was no taint analysis.  So one would have to create 480 sockpuppets in NEM or 120 sockpuppets in NODE.

As for people "free loading".  If I really wanted to make a point, I could search through the NxT forum and pull quotations from senior members and developers about them complaining about multiple NxT whales who never contributed or logged in since 2013.  Handing over 5% of a coin to random people doesn't bode well, especially when they're just sitting there waiting to be made a billionaire and people on the NxT forum are complaining about a lack of funding.


The reality is both NEM and NODE went through extensive audits and no large sockmasters were ever found - the biggest sock masters only had around 5 socks and there weren't many of those.

Nobody abused sock creation back in January for what is a worthless coin.  Sure there were people who created 1-5 socks but relative to overall distribution these people have no influence or power compared to a NxT whale.


Two rights simply don't make a wrong here.  Repeating "omg sockpuppets" doesn't make it so, especially when NxT itself isn't immune to that argument and never mind any socks in NxT have a far more disproportional effect (like one guy could own easily own 20% of NxT just by spending 4 BTC back in 2013) than any socks in NEM or NODE.

You don't make any sense when you post

I hoped devphp would be my partner. But its ok, I am already over it. And maybe he changes his mind so we can together contribute for nexter innovation to finally start.

Sorry for your loss but if you had a partner then why did you ask devphp to join you?

Sorry to inform you but my partner bailed out so the project is currently on hold

I can't say I like you, but still wish you all the best and good luck

Shit, for moment I really felt important, I was like chief instigator of next innovation, or atoninext if you will

Anyway, despite your rejection I really like you and wish you all best with your investments! Good luck!

It will be interesting.

That would be amazing. Historically, wealth tends to concentrate. The Pareto Principle says that after enough time, 80% of the assets are owned by 20% of the people. I will be astonished if NEM somehow overcomes this aspect of human nature. More likely, even if NEM does have a "better" distribution at launch, it will quickly get worse, as some people dump for a quick profit while others, who have more faith in the coin, buy up. You're always going to get a mixture of rich and poor people.

No, I don't do partnerships, especially with someone who has such shitty ideas Don't bother writing such long articles next time

Can you do a TL:DR version?