Quote from: TaunSew on July 18, 2014, 08:01:38 AM

Quote from: bitwho on July 18, 2014, 07:58:28 AM

Quote from: TaunSew on July 18, 2014, 07:52:21 AM

Quote from: bitwho on July 18, 2014, 07:48:50 AM

Quote from: gaba on July 18, 2014, 07:34:58 AM

Why is 3000 or 5000 or even 10000 stakeholder of NEM better than 70 in NXT. Nothing is fair when we talking about money. Money need to be transparent not fair. Is Bitcoin unfair because of his creator? Satoshi fortune is around 1M Bitcoins, maybe more.

its simple statistics. why do they use the word "fair distribution" "decentralized" ?

simply put.

if 5000 people took part and they are all unique shares (hence fair distributed). let say 10,000 coin for each.

even if no one else is interested into buying once it hits and exchange there is a 50-50 chance that it will be half sell and half hold between current share holders.
assuming half selling then its 25 000 000 coins sold.
half holding mean that there is 2500 shareholders who will probably buy all this 25,000,000 coins back
hence leaving 50,000,000 coin between 2500 people. or considering a mass panic sells then 50 mill coin between 1200 people who held their coins and bought more.

doing it the other way with only 70 people. at 50 mill coins thats ~714000 coins per person.
very low number to think it will be 50-50 sell or hold. it wont mater. (hence bad distributed)
even if 10 people sell , that is massive sell order. leaving 60 people hoarding and 10 out
as a buyer will you jump and but this coin once its out in the exchange?
its a bad distribution model.

I don't understand the point in your hypothetical ramble.

NEM is already being traded on the asset exchange and it hasn't been dumped to death, neither has NXT. There's a difference between handing out coins to investors / pseudo-investors and then giving something out to everybody (Aurora).

okay bud.

i am not going to argue why that was a bad distribution. that's very obvious. but that also means that the top holder have tons of coin to grease/buy developments and push the coin forward. as we have been seeing. so i am not here to kick down any coins. I care less.

i can't read the future. all people been telling you is that is much riskier investment. you got a coin with bad history and serious accusation, but at the same time it is moving along and trying to find its spot. you seem to have chosen your path. good luck in your investment.

So I disprove your FUD with simple proof and you retort with that? NEM's distribution is better than anything out there unless you think POW is good distribution (maybe back in 2009 or 2010 when everything was pre-ASIC and pre-GPU but nowadays a small group of hardware kings dominate all the new mining coins).

welp, you sure proved me wrong. again i am not here to attack coins but since you are looking for it . here is the latest successful distributed pow coin. dogecoin.

from http://bitinfocharts.com/top-100-richest-dogecoin-addresses.html
Balance   Addresses   % Addresses (Total)   Coins   $USD   % Coins (Total)
0 - 0.0001   198270   23.65% (100%)    0.6240 DOGE   0.00016 USD    0% (100%)
0.001 - 0.01   2119   0.25% (76.35%)    10.05 DOGE   0.0025 USD    0% (100%)
0.01 - 0.1   19305   2.3% (76.09%)    593.52 DOGE   0.1476 USD    0% (100%)
0.1 - 1   21680   2.59% (73.79%)    8,291 DOGE   2.06 USD    0% (100%)
1 - 10   176094   21.01% (71.2%)    594,614 DOGE   147.89 USD    0% (100%)
10 - 100   107116   12.78% (50.19%)    3,676,873 DOGE   914.48 USD    0% (100%)
100 - 1,000   92202   11% (37.41%)    34,593,705 DOGE   8,604 USD    0.04% (100%)
1,000 - 10,000   104029   12.41% (26.41%)    347,793,802 DOGE   86,501 USD    0.4% (99.96%)
10,000 - 100,000   75569   9.02% (14%)    2,593,198,811 DOGE   644,961 USD    2.96% (99.56%)
100,000 - 1,000,000   34058   4.06% (4.99%)    10,276,964,639 DOGE   2,556,009 USD    11.73% (96.6%)
1,000,000 - 10,000,000   6961   0.83% (0.92%)    17,381,387,125 DOGE   4,322,967 USD    19.84% (84.87%)
10,000,000 - 100,000,000   707   0.08% (0.09%)    16,416,557,011 DOGE   4,083,002 USD    18.73% (65.04%)
100,000,000 - 1,000,000,000   58   0.01% (0.01%)    10,852,031,927 DOGE   2,699,035 USD    12.38% (46.3%)
1,000,000,000 - 10,000,000,000   7

there is 176094 wallet addresses holding between 10-100 doge coin..

and your NEM will distribute to what.. few thousands people. which last time i checked there is like ~1500 unique users in BTT. so already we can see there are people taking more then one stake.

and then what. where will the new influx of new people will come to NEM coin come from? What is it offering that is different? is it good enough to grow in numbers not just in $$volumes?