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Topic: Opinions on NEM? - page 2. (Read 3151 times)

legendary
Activity: 1372
Merit: 1000
February 20, 2014, 09:24:26 AM
#31
Is NEM basically Nxt except that all involved own the same amount?  That wouldn't be so bad.  But if that's not the case, can anyone describe the main point(s) of difference?
member
Activity: 110
Merit: 10
February 20, 2014, 02:37:33 AM
#30
Just going of the stakeholder metrics, NEM should easily match or exceed NXT valuation of 60million. Giving each stake roughly $20K+ valuation.

I actually think it can double or triple NXT valuation  at *$40k-80k a stake. But these are just guesses..

One thing that is guaranteed, is if developer promises are met, It is going to be a very valuable coin. Its an interesting time for the crypto community.   Grin
sr. member
Activity: 644
Merit: 250
February 20, 2014, 02:16:20 AM
#29
good technology + good leader + huge community + many features + improvements = NEM
+1
+1
Agree

Good technology?  You mean Nxt technology, right?

Many features?  New improvements?  Ok, name them.  What are these amazing improvements?
full member
Activity: 164
Merit: 100
POS killed the POW-star
February 19, 2014, 02:08:16 PM
#28
Is it the next big thing?  It is an entirely new code base or is it a fork?

3k stakeholders makes a brainstorming and developing army. imo NEM has the potential to become very huge.
member
Activity: 85
Merit: 10
February 19, 2014, 01:43:24 PM
#27
good technology + good leader + huge community + many features + improvements = NEM
newbie
Activity: 47
Merit: 0
February 19, 2014, 09:19:11 AM
#26
What makes NEM different from the others besides the initial method of distribution?


Hey bitcoinrocks, try IPO-page: https://bitcointalksearch.org/topic/ann-nem-4-billion-coins-equal-shares-for-all-registration-thread-part-2-440185

Utopianfuture listed some highlights possible to NEM
legendary
Activity: 1372
Merit: 1000
February 19, 2014, 09:06:50 AM
#25
What makes NEM different from the others besides the initial method of distribution?
hero member
Activity: 617
Merit: 528
February 18, 2014, 02:04:29 PM
#24
Any or all of those trying the same could succeed or simply be a step towards some else getting it right. Right now what is important is giving the devs the support and the opportunity they need, ensuring the community exists that each good idea gets a fair shot at reaching its potential.

Contrary to Mrrr above, I don't think it's a competition among those listed and we shouldn't be looking to put down any competition.
It's these against the norm of traditional offerings. There's room for all these and more to go large.

Not saying its a competition, tried to offer a perspective,\
sr. member
Activity: 531
Merit: 260
Vires in Numeris
February 18, 2014, 01:32:11 PM
#23
Any or all of those trying the same could succeed or simply be a step towards some else getting it right. Right now what is important is giving the devs the support and the opportunity they need, ensuring the community exists that each good idea gets a fair shot at reaching its potential.

Contrary to Mrrr above, I don't think it's a competition among those listed and we shouldn't be looking to put down any competition.
It's these against the norm of traditional offerings. There's room for all these and more to go large.
full member
Activity: 279
Merit: 100
February 18, 2014, 01:26:19 PM
#22
The fundraising went well and UP has proven so far to be a good leader. The dev team seems to be very capable as well. This is more than most coins start with right there. I would be absolutely shocked if they don't produce a winner. It's possible I guess. The way I figured it was they are very good at what they do or very good con artists. If they were con artists they would be long gone as fundraising is over.

This leaves the only possible chance of them trying real hard and still falling on their face. It's possible because of their big goal of being the best. But they have many people actually watching what they are doing and no one is crying foul or scam. Yeah people with coding experience are making suggestions, but they seem to think they are on the right track. Personally I am completely delusional or these guys have a shot to be the best. I don't think I'm delusional either. They are giving it their all to really take things to the next level. They really want it, and they have over 1000 unique individuals behind them all the way.
hero member
Activity: 617
Merit: 528
February 18, 2014, 12:52:08 PM
#21
Utopianfuture got around 100BTC in funding coughed up by 3000 people who either believe in what he's trying to do or think that 5-50$ is a reasonable amount to bet on him producing something useful.

XCP's IPO set a standard in Balls since the developers completely rely on their own success to make some money. And required above average sized gonads for early investors.

MSC IPO set a standard in hype and anticipation with people paying thousands of BTC for a concept.

III (Protoshares/Bitshares) IPO is setting a standard in PR, trust and free market (and fairness) letting the market decide on their potential (whilst raking in millions worth of crowdfunding).

Ethereum IPO tried to set a standard in greed and corporatism.

NEM IPO is trying to set a standard in modesty and equal opportunity.

Hell, I convinced my neighbour to cough up 40 euros to be in. Had to talk him through setting up a BTCtalk account even, and promised him I'd pay him back his 40 if it were to go wrong.

My post in the NEM topic was my first post on bitcointalk.

In the long run, if Utopianfuture manages to live up to his dreams. I will have made money with a single forum post, and my neighbour will think this is the best 40 bucks he ever spent. In a sense, no IPO will ever be completely fair since there will always be a big reward to early adoption. But in this case, early adoption didn't cost anything (first 20 pages of posts received a stake for free) and thus was as entry friendly as it could get. You can only blame your own laziness for not having been part of that. (of course there were 674 NEM clones running around on the boards and this was the only one which managed to get serious but hey, this was the only one that was free) Later adoption cost but not much (max 50$) with the NEM people even offering payment with paypal (ergo, allowing your grandmother to participate).

NEM = fair


sr. member
Activity: 602
Merit: 268
Internet of Value
February 18, 2014, 12:14:38 PM
#20
Proof of Burn is the new honest way for developing a coin... Its bs that you have to pay some devs these huge amounts for a coin. With Counterparty Protocol (Proof of Burn) everyone pays the same amount of Bitcoins to gain a share in the new coin, also the Devs. The bitcoins are burned to launch the coin.

If you like that way then you do that way. We are of "NO ENVY". NEM as a community chose to use our money more intelligently like making useful things for the community.

w/e do as you like. Counterparty Protocol is much more advanced and completely fair. Stick to ur No Envy idea.

Well completely fair if you have 30 BTC to burn, or at least 10. But we don't go to XCP thread to announce that fact - that what"no envy" means. So let's us do our things, you do yours.
legendary
Activity: 1232
Merit: 1000
February 18, 2014, 12:12:00 PM
#19
Proof of Burn is the new honest way for developing a coin... Its bs that you have to pay some devs these huge amounts for a coin. With Counterparty Protocol (Proof of Burn) everyone pays the same amount of Bitcoins to gain a share in the new coin, also the Devs. The bitcoins are burned to launch the coin.

If you like that way then you do that way. We are of "NO ENVY". NEM as a community chose to use our money more intelligently like making useful things for the community.

w/e do as you like. Counterparty Protocol is much more advanced and completely fair. Stick to ur No Envy idea.
sr. member
Activity: 602
Merit: 268
Internet of Value
February 18, 2014, 12:07:18 PM
#18
Proof of Burn is the new honest way for developing a coin... Its bs that you have to pay some devs these huge amounts for a coin. With Counterparty Protocol (Proof of Burn) everyone pays the same amount of Bitcoins to gain a share in the new coin, also the Devs. The bitcoins are burned to launch the coin.

If you like that way then you do that way. We are of "NO ENVY". NEM as a community chose to use our money more intelligently like making useful things for the community.
sr. member
Activity: 602
Merit: 268
Internet of Value
February 18, 2014, 12:05:48 PM
#17
How can you buy NEM at this point?

Not yet that I've seen, though there appear to be scamming sites who will take your money for alsorts.. ETH Ethereum on one today.

There was a thread for registrations and a token donation that is a list then of those who will get a fraction when it is avaliable.
= https://bitcointalksearch.org/topic/m.4835906


I'm on p89 and will be more enthusiastic when I see my name in the sponsors google-doc..
I notice that registration 1st post has been updated to cross through detail but now suggests a typo and a different fee for p81-90 than it did when I paid (0.075 BTC where now suggests 0.75BTC)

page 61-70           :fee=0.065 or 650 nxt
page 71-80             :fee=0.07 or 700 nxt
page 81-90         : fee=0.75btc or 750 nxt


Hopefully that will be fixed; I've pm'd utopianfuture but read also he doesn't reply to pm's.

The thread is already locked so nothing can be changed. But it is a typo only, the actual amounts are 0.075btc or 750nxt.
legendary
Activity: 1232
Merit: 1000
February 18, 2014, 11:54:02 AM
#16
Proof of Burn is the new honest way for developing a coin... Its bs that you have to pay some devs these huge amounts for a coin. With Counterparty Protocol (Proof of Burn) everyone pays the same amount of Bitcoins to gain a share in the new coin, also the Devs. The bitcoins are burned to launch the coin.
newbie
Activity: 51
Merit: 0
February 18, 2014, 11:31:56 AM
#15
How can you buy NEM at this point?


In short: you can't atm.

I'm one of those 3000 stakeholders and I will post here when I know some news about the date of release.
NEM is one of the amazing cryptos of 2014.
sr. member
Activity: 531
Merit: 260
Vires in Numeris
February 18, 2014, 11:22:45 AM
#14
How can you buy NEM at this point?

Not yet that I've seen, though there appear to be scamming sites who will take your money for alsorts.. ETH Ethereum on one today.

There was a thread for registrations and a token donation that is a list then of those who will get a fraction when it is avaliable.
= https://bitcointalksearch.org/topic/m.4835906


I'm on p89 and will be more enthusiastic when I see my name in the sponsors google-doc..
I notice that registration 1st post has been updated to cross through detail but now suggests a typo and a different fee for p81-90 than it did when I paid (0.075 BTC where now suggests 0.75BTC)

page 61-70           :fee=0.065 or 650 nxt
page 71-80             :fee=0.07 or 700 nxt
page 81-90         : fee=0.75btc or 750 nxt


Hopefully that will be fixed; I've pm'd utopianfuture but read also he doesn't reply to pm's.
legendary
Activity: 1372
Merit: 1000
February 18, 2014, 11:10:55 AM
#13
How can you buy NEM at this point?
newbie
Activity: 47
Merit: 0
February 18, 2014, 08:41:32 AM
#12
NEM and the devs are  impressing me more and more everyday


I share your opinion. First time I heard about NEM from a friend, i was afraid he would just spend his money to a freaky idea.
After I saw the amount of btt-accounts in NEM-registration-Thread, I decided to join.

Today you can see a big growing community - believing in a fair-traded coin of the second generation.

Well, the IPO is over, but you can use the opportunity to participate NEM, to be a part of us, and to get a big stake of coins after release. NEM-coins should be shared and I will spend a huge amount of my coins for a NEM-Faucet.



 
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