Ninjastic
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Board Announcements (Altcoins)
Re: NEM Official Moderated Thread - One Click Install Is Here[Updates & Discussion]
by
jabo38
on 21/07/2014, 20:15:08 UTC
Quote from: Daedelus on July 21, 2014, 04:45:24 PM
Quote from: patmast3r on July 21, 2014, 09:09:54 AM
Quote from: Relaxedsense on July 21, 2014, 09:07:28 AM
Unfortunatly For the moment im completely tied up in Crypti at the moment. As soon as the funds become available to me I wil invest in NEM. If I understand correctly I will get 1mio NEM for 1 token bought on SAE, and the price of NEM is about 1/4 of nxt right?

Cheers

One NEMStake token on the NXT AE queals 1 Mio NEM yes. Since we haven't decided yet what happens with unclaimed stakes it might even be more.

The NEM price will decouple from NXT as soon as we are traded on exchanges. It's currently coupled because we're only traded on the NXT AE and havent launched yet.

Welcome Smiley

RelaxedSense was right, anyone can buy NEMstake with bitcoin through the SAE (Secure Asset Exchange). Welsey has worked closely in setting it up.
More info on SAE >>>> https://nxtforum.org/secure-asset-exchange/introduction-to-secure-asset-exchange/
SAE Site for NEM >>>> https://trade.secureae.com/#12465186738101000735


Also if jaguar, gimre et al implement multisignature in NEM then it will be possible to set up NEM/[Other Coin] Universal Multigateway exchanges. You just need 3 technical and trusted NEMsters to run the servers. This is cutting out the middlemen of Mintpal, Bittrex etc in an almost decentralised way.

More on uMGW >>>> https://nxtforum.org/nxtservices-releases/umgw-release-of-universal-mgw-daemon/

This post by Daedelus is pretty huge news too. When NXT MGW is up and going it would be pretty awesome for people to be able to buy and sell NEM with bitcoin or doge or Litecoin or whatever their preference in a quasi-trustees environment. It's not trustless, but pretty close.