Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
dave5555
on 18/04/2014, 19:47:29 UTC
To UF:

I saw some of my clients on the refund list.

These are people I know in my personal life and I recommended investing in NEM for them.

I acted as a broker for them because they are not very knowledgeable about crypto or advanced in PC use.

They have already paid me fiat for their stake and were patiently waiting for me to update them on the status of the coin.

They are as follows:

nateM7654
annT78
camaronloco
mich38754
eylucu4531
michaelW8796i

I had already talked to you prior to this to make sure it was ok to act as broker for other people who are not very aware of these forums/crypto coin scene.

And yes I did create an account for each because that's how you stated I should go about investing for them.

Here is your original response:

Quote
Yes that should be the way because your friend represents the new account. So make a new account for him and reserve a stake from that account. You can send NXT from the same address as well (maximum 2 stake per address).

1 NEM share would have > 1 million NEM. So there are many to share. No need to buy a lot of stakes. Thanks for supporting NEM.

Thank you for clearing this up.  I will get to it as soon as possible.

For the greedy it might be good for a while, but they will always lose out in the end. That's my philosophy and experience.

I would give him one additional stake to divide between the six and refund the other five spots. 166,666 NEM (1M/6) each is still a lot.

It's not fair, I had discussed this with UtopianFuture in order to avoid all of these problems.

I did everything transparent to make sure that UF knew I wasn't a scammer, I was just helping other people in my life invest into NEM.

Now I have to refund their money, lose their trust, and even lose money because I bought NXT at a higher price to buy into NEM.

I still see no reply to my post from dev.

I did all of this before I proceded to take people's investment, he assured me it was ok so I was paid fiat by these people.

They get in touch with me almost weekly to keep them updated, now I have to tell them we are being called scammers and give them money + some of my money back.

I have already been scammed out of BTC from other scam/fake coins.

If this doesn't go through, I will stay away from cryptocoins until a real company develops a real working product.

The whole point to crypto was to be decentralized money for the world, but with all the scams and fake accusations like NEM is doing, many people like me will back out and instead wait until a competent company with a real coin and devs shows up. This will inevitably cancel out the revolutionary idea behind cryptos.