Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
makoto1337
on 03/03/2014, 00:47:47 UTC
What do you guys think of the spike Auroracoin has had. I knew I should have mined it when it came out.

It's big because of the potential promotion, by giving half of all coins to everyone in Iceland. We have to think of something that can make Nem this big so early on. The 3,000 stakeholders helps and puts us at a better position than most coins, but we need something even bigger. Something that will make the cryptomedia talk about us the same they're doing with Auroracoin.

Me too, but my wallet would not sync so I gave up Angry. I think its a bubble just like the earlier vertcoin spike. What do you think people of Iceland would do with the coins they receive, they cant spend it on any goods. Most people will not even use it thinking its a gimmick and those who do will sell it for Bitcoin to actually buy stuff.

I would not buy it now, price is way too high ( But what do I know). I guess we can declare NEM the crypto currency of Zimbabwe  Grin and hope Robert Mugabe does not execute poor UP and dev team  Grin

I hadn't heard of Auroracoin until I saw it listed near the top of coinmarketcap last night with a ? next to it.  At that time is was at around $8, which at the time I thought was overpriced, but now it's almost $20.  

It's even on BBC http://www.bbc.co.uk/news/technology-26083733

With that kind of coverage, it's bound to get a lot of interest.  We need something similar for NEM to raise awareness, something that would grab the headlines.

We could help Ukraine because of the protests by giving people NEM or something.

We could sell vodka on the asset exchange.

I think UP has some ideas on how to make NEM a big media hit.