Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
wow nxt price keeps dropping 
I thought the price will rise after all the noise about being listed in cryptsy, are the big holders of nxt cashing out? Maybe its good for them, the price earlier was probably propped up and maybe its returning to actual value. With NEM hopefully we will not have the same problem.
POS coins seem to have a bad rep among most crypto enthusiast, We must really emphasize the fair distribution of NEM or we will have the same reputation.
I thought the price will rise after all the noise about being listed in cryptsy, are the big holders of nxt cashing out? Maybe its good for them, the price earlier was probably propped up and maybe its returning to actual value. With NEM hopefully we will not have the same problem. POS coins seem to have a bad rep among most crypto enthusiast, We must really emphasize the fair distribution of NEM or we will have the same reputation.
There will be ups and downs...
I too hold and am active in NXT and when NEM is here I will spend time here too.
I hate PoW, its a personal decision, BTC will soon register as a cause of global warming the way its is soaking up the worlds energy supply for something that is a mathematical fiction and simply not needed.
Most crypto enthusiasts are sitting on mining H/W of some form and therefore tend to be enthusiastic about new coins they can rape mine with the H/W they can't use on other coins anymore..
Putting aside distribution issues PoS seems to be more about technology, innovation and driving value through use - which is a lot harder but much healthier in the long term for everyone involved.
Fasten your seat belts for POI
If NEM will the the first to use POI, hold-on!
As something fun, put seat belt instructions in the terms and conditions of the NEM client (alpha version only).
http://www.blogcdn.com/www.gadling.com/media/2009/06/seatbelt-sign.jpg
http://www.myparkingsign.com/img/lg/K/Aluminum-Seat-Belt-Sign-K-2402.gif
