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Re: The melancholy billionaire: Minecraft creator unhappy with his sudden wealth
Has he tried a sex change, "everyone" is doing it these days?
Seriously, he should start other companies similar to what the guy from Paypal did.
Seriously, he should start other companies similar to what the guy from Paypal did.
Not everyone can be Elon Musk.
You can as long as you have billions of dollars and a willingness to appear on television. He is technically another reality TV billionaire like Donald Trump and Mark Cuban.
Re: NEM (XEM) Official Thread - New Update 0.6.43 - Please Update Your Nodes
When will Mosaics get released? Any expected time frame?
once we're done with testing in testnet, it looks good, as jabo was able to find one pretty serious bug.
bit more open testnet access should be avail #soon.
funny how the trolls come out in force as soon as a dev says mosaics is nearly ready for wider testing and ultimately soon after live net release..
hopefully node rewards will follow suit soon after..
Previous NEM tech updates did not increase the user adoption or improve the capitalization, so why would Mosaics be different?
NODE rewards will increase NEM volume but, unless new blood comes into NEM because of it, capitalization will go down from dumping freebies. Can NODE rewards bring in the mining whores and convince them to net-buy into NEM? Guess we'll find out.
Re: [EMUNIE] One small step for transactions, one giant leap for crypto
The interest and processing payments are (last I heard) in equal portions meaning they each qualify for 45% of all new emu generated. Furthermore this means that 45% of all new emu created will be given as interest to all account holders based on their portion of the total currency available. This means that while some will probably attempt to short their interest or payments, those who hold will actually be building capital proportional to their holdings.
More precisely the reason why, if this coin does launch, it won't go anywhere. Go all the way back to March 2013 and people then were saying it was a crackpot mechanism.
We can look at the some-300 inflationary coins since 2013, since most copied inflationary PoW or induced a high PoS with an unlimited supply, and they all got drop like a hot potato. Inflation is theft.
No one cares what fancy words you use. At the end of the day eMunie is net inflationary and buyers will stay away once they realize Dan is putting his hand in their pockets.
All this fixation about "supply" and "price" just shows you to be an idiot savant and we already have coins like that out there. NuBits is one but there's been others. I should point out they're approaching the garbage bin capitalization and/or been de-listed from exchanges.
Re: NEM (XEM) Official Thread - New Update 0.6.43 - Please Update Your Nodes
You'ld be pretty stupid to be still owning NEM in 2017 and nothing from Makoto and Rockethead has yet to come out. 
There is no user adoption - 10 addresses a week isn't good enough. I would be satisfied if it was able to hit 100 a month. It should even be a goal or maybe even a contest to see if NEM could get 100 new addresses after a month. Once you can hit 100 then you can raise the goalpost.
Makoto and Rockethead have never really published any informatics about their stuff in awhile. The other day I was told AltNemo has a beautiful website and a lot of juicy info but that website was built back in 2014.
There is no user adoption - 10 addresses a week isn't good enough. I would be satisfied if it was able to hit 100 a month. It should even be a goal or maybe even a contest to see if NEM could get 100 new addresses after a month. Once you can hit 100 then you can raise the goalpost.
Makoto and Rockethead have never really published any informatics about their stuff in awhile. The other day I was told AltNemo has a beautiful website and a lot of juicy info but that website was built back in 2014.
Yeah you didn't even mention volume... well guess there is nothing to mention. haha
Volume doesn't matter to me so why would I mention it? As long as there are big enough buy and sell walls then it is inconsequential. There's daytraders but, if you use tracking services, you'ld find that many of them are either broke college kids or people in developing countries doing dust transactions looking for pennies and dollar profit. Spent more on lunch today than those people are trying to make.
Most of the volume we see in crypto is from PoW or inflationary PoS. PoW induces artificial velocity from miners dumping free coins to pay for their overhead costs and hardware replacement. Inflationary PoS = convert free coins into free money, you'ld be stupid not to. So of course those coins will always have higher volume because of instant dumpers.
Even your baby NXT, unless you hate that too now, always had low volume compared to the other top 10 coins. NXT isn't PoW and has a fixed supply and thus there aren't many freebies - there's a little from transactions but not much.
Re: NEM (XEM) Official Thread - New Update 0.6.43 - Please Update Your Nodes
You'ld be pretty stupid to be still owning NEM in 2017 and nothing from Makoto and Rockethead has yet to come out.
There is no user adoption - 10 addresses a week isn't good enough. I would be satisfied if it was able to hit 100 a month. It should even be a goal or maybe even a contest to see if NEM could get 100 new addresses after a month. Once you can hit 100 then you can raise the goalpost.
Makoto and Rockethead have never really published any informatics about their stuff in awhile. The other day I was told AltNemo has a beautiful website and a lot of juicy info but that website was built back in 2014.
There is no user adoption - 10 addresses a week isn't good enough. I would be satisfied if it was able to hit 100 a month. It should even be a goal or maybe even a contest to see if NEM could get 100 new addresses after a month. Once you can hit 100 then you can raise the goalpost.
Makoto and Rockethead have never really published any informatics about their stuff in awhile. The other day I was told AltNemo has a beautiful website and a lot of juicy info but that website was built back in 2014.
Re: NEM (XEM) Official Thread - New Update 0.6.43 - Please Update Your Nodes
http://blockexplore.in/search/richlist/
Fact is NEM is only growing by some 10 addresses a week and addresses are not people and this upswing was probably due to the faucet. No time to deal with exact numbers but the approximation is a doubling of addresses will take up to 3.5 years at the current rate.
You paid Xtester 20 million XEM
You paid kodtycoon 10 million XEM
You paid a lot of "marketers" a lot of XEM.
Where are the results? Where is the adoption? Where is the marketing? The advertising?
Many of the people who were paid the most for marketing did the least of what ever marketing there was. Translations are essential marketing, some people spent hour(s) on them and yet many translators were paid less than 1 stake and some weren't even paid at all.
Yet we had someone like Xtester who was paid 20 million XEM and many can testify he was a terrible moderator (he let CfA spam all day and was inactive for weeks at a time) and no forum moderator in the world, even a competent one, even deserves more than a single stake..
How you guys handled this reward for marketing, which was cronyism, implies that NEM is being ran by dangerous management.
A) How can an investor knowingly invest into NEM if they knew these facts? If you give the developers money, will they just give it away to friends and relatives? Dangerous I'ld say.
B) Because of cronyism - nobody new to NEM has incentive to contribute. Why bust your butt so some figurehead marketer, who does nothing, gets 10x more than you? New economy is oddly starting to look like old economy of cronyism and corruption..
Fact is NEM is only growing by some 10 addresses a week and addresses are not people and this upswing was probably due to the faucet. No time to deal with exact numbers but the approximation is a doubling of addresses will take up to 3.5 years at the current rate.
You paid Xtester 20 million XEM
You paid kodtycoon 10 million XEM
You paid a lot of "marketers" a lot of XEM.
Where are the results? Where is the adoption? Where is the marketing? The advertising?
Many of the people who were paid the most for marketing did the least of what ever marketing there was. Translations are essential marketing, some people spent hour(s) on them and yet many translators were paid less than 1 stake and some weren't even paid at all.
Yet we had someone like Xtester who was paid 20 million XEM and many can testify he was a terrible moderator (he let CfA spam all day and was inactive for weeks at a time) and no forum moderator in the world, even a competent one, even deserves more than a single stake..
How you guys handled this reward for marketing, which was cronyism, implies that NEM is being ran by dangerous management.
A) How can an investor knowingly invest into NEM if they knew these facts? If you give the developers money, will they just give it away to friends and relatives? Dangerous I'ld say.
B) Because of cronyism - nobody new to NEM has incentive to contribute. Why bust your butt so some figurehead marketer, who does nothing, gets 10x more than you? New economy is oddly starting to look like old economy of cronyism and corruption..
Re: NEM (XEM) Official Thread - New Update 0.6.43 - Please Update Your Nodes
The passive aggression from hardcore NEM supporters, who never see wrong being done by the developers or marketers, is ultimately what keeps people away. Nobody likes narcissism.
The thread right now is Jabo38 and a few others on a broken cassette player (talking to themselves). NEM thread had way better activity in early 2015 and especially 2014.
The thread right now is Jabo38 and a few others on a broken cassette player (talking to themselves). NEM thread had way better activity in early 2015 and especially 2014.
Re: NEM (XEM) Official Thread - New Update 0.6.43 - Please Update Your Nodes
Re: [EMUNIE] One small step for transactions, one giant leap for crypto
I don't know who you are, but you are lighting up the board with your hype.
Please link me to am ANN topic or show me some technicals. What algo are you using? What's the distribution? What do you bring technology wise that is unique? How many transactions per second and can it scale? Etc etc.
Hype is cheap. Show me something real.
Please link me to am ANN topic or show me some technicals. What algo are you using? What's the distribution? What do you bring technology wise that is unique? How many transactions per second and can it scale? Etc etc.
Hype is cheap. Show me something real.
AFAIK Fuserleer was doxxed on Bitcointalk. Turns out this Fuserleer guy was lying on his linkedin and had a history of criminal activity in the United Kingdom. Anyone who is taking this guy seriously is naive and probably took Josh Garza (PayCoin / PayScam) seriously too.
https://bitcointalk.org/index.php?topic=303898.msg3390794#msg3390794
Fuserleer was also talking down about NXT - his loss, he could had made millions.
I think Fuserleer is running a vaporware scam and not to be sued or thrown into prison, he pretends he is still working on eMunie. eMunie was originally meant to release in 2013. So there's been investors who gave their money to him and still haven't seen anything more than 2 years later.
Anyone who invested into Fuserleer can pretty much consider their money gone. If eMunie does eventually release, I imagine the coin would sit at between position 50-100 and Fuserleer's reputation or the coins' inflationary mechanism will probably kill it.
also, the Poelstra PoS criticism is deranged
Vitalik Buterin provided a strong counter argument. But regardless of whether PoS has more gameable entropy or not, for sure PoW can distribute new coins (and redistribute existing wealth...a necessary requirement of all money since dawn of mankind) and PoS can not.
Why necessary to redistribute money (at slow rates of debasement)? Because otherwise the macroeconomic incentives to invest with risk to produce more instead of save in deflation are not balanced.
In NXT the 'forging' (mining PoS) where you receive the transaction fees in a block, is just for helping secure the network, not as a source of new wealth. The low value of the coins (tokens) you receive is hardly enough to pay for electricity (yes, even when it runs on a Raspberry Pi)
If NXT whales really want to actively increase their wealth, they'd do better to invest in projects (=risk), buy and trade NXT assets (=risk). Just leaving their NXT in the account forging doesn't do much for them. So PoS isn't relevant for wealth imo when it's like this.
If stimulus spending is guaranteed to boost NXT then why don't Bitcoin whales like Roger Ver give away their millions or fund huge advertising events? "$10,000 Bitcoin here we come!". Instead the Bitcoin millionaires can't even be bothered to spend $79.99 on a decent HD webcam..
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vbuterin 5 points 2 years ago
My parents and grandparents always called me Bитaлик, and when I moved to Canada with my parents in 2000
https://www.reddit.com/r/Bitcoin/comments/1kqe38/cheers_to_vitalik_buterin_a_tremendous_asset_to/cbrmj6zMy parents and grandparents always called me Bитaлик, and when I moved to Canada with my parents in 2000
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vbuterin 2 points 2 years ago
Yeah, my dad goes with Дмитpий / Dmitry professionally as well, although he's still Dima with family.
https://www.reddit.com/r/Bitcoin/comments/1kqe38/cheers_to_vitalik_buterin_a_tremendous_asset_to/cbrn62lYeah, my dad goes with Дмитpий / Dmitry professionally as well, although he's still Dima with family.
http://www.zoominfo.com/c/BonaSource-Inc/5177499
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$20-$50 million revenue a year
http://www.wildapricot.com/about-us
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Who's behind it?
Wild Apricot was a product of BonaSource Inc., originally a custom web application company. Bonasource Inc was established in 2001 with headquarters in Toronto, Canada where we remain today.
Wild Apricot was a product of BonaSource Inc., originally a custom web application company. Bonasource Inc was established in 2001 with headquarters in Toronto, Canada where we remain today.
https://www.linkedin.com/in/chiefapricot
It seems plausible most of Ethereum's IPO came from Vitalik Buterin's father Dimitry Buterin, who is a multi-millionaire. Coming from a father who is rich also allowed Vitalik the opportunity to edit the Bitcoin Magazine, without worrying about cost of living, and later to drop out of college to pursue a startup like Ethereum.
Funny how everyone is talking about fiat.. Wouldn't Silver & Gold be a better option?
I thought most people invested in cryptos to avoid inflation.
I thought most people invested in cryptos to avoid inflation.
"Investing into crypto to avoid inflation"
*Buys Bitcoin* *Does not realize it has over 8% inflation a year and there's still 6-7 million coins coming out*
Bitcoin has more inflation than currencies in developed first world countries.
https://www.cryptocoinsnews.com/bitcoin-price-90-users-want-higher/
90% of Bitcoiners want the price to be higher. A good example of Stockholm Syndrome is where these same 90% of users will continue to support inflationary PoW. Yet it is this inflationary PoW which creates a downward pressure on Bitcoin's price! The user base does not know about alternative mechanisms.
The only non-inflationary crypto that was in the top 10 was NXT. "Why didn't NXT go to the moon, then?". Just because you don't have inflation doesn't not mean you can ignore the network effect.
Overstock used to maintain a wikia on the 2.0 projects. Overstock discontinued maintaining their wikia and later launched their own ledger called tØ.
tØ is a blockchain ledger but not a cryptocurrency nor a solutions platform for the public. It is not a "2.0" and not a "1.0" project but something entirely else: "blockchain securities ledger" best describes it.
tØ was designed to do one thing: securities listings. tØ already has 10 stocks listed on it but it is not accessible to the public. I don't think Overstock will ever make tØ public for download. As far as I can tell tØ is closed source and that means most companies would never use it. Would you list your company's equity on something that could have backdoors and other vulnerabilities? There's no reason to when the future will probably have an open source securities ledger.
tØ is a blockchain ledger but not a cryptocurrency nor a solutions platform for the public. It is not a "2.0" and not a "1.0" project but something entirely else: "blockchain securities ledger" best describes it.
tØ was designed to do one thing: securities listings. tØ already has 10 stocks listed on it but it is not accessible to the public. I don't think Overstock will ever make tØ public for download. As far as I can tell tØ is closed source and that means most companies would never use it. Would you list your company's equity on something that could have backdoors and other vulnerabilities? There's no reason to when the future will probably have an open source securities ledger.
Re: NEM (XEM) Official Thread - New Update 0.6.43 - Please Update Your Nodes
1. Remove the video. People who worked on it will probably feel insulted but sometimes you have to put aside your ego. Most crypto videos only get 100s or 1000s of views. This is even true for the vast majority of Ethereum and other projects. Having a video on the front page is probably causing more people to quit than to consider NEM.
The most viewed Bitcoin clip only has 6.5 million views after 4 years; when lets play streamers, pranksters and people playing with dolls can get more views in a week on YouTube. Conclusion: videos are a waste of time unless it's a product placement.
2. Answer the 5 Ws.
https://en.wikipedia.org/wiki/Five_Ws
Ethereum did this well:
Ethereum on their frontpage does the Five W's
Who: EthDEV
What: Decentralized Platform
Where: Around the world / Internet
When: August 2014
Why: To make applications run better.
Can you brainstorm a list of the 5'Ws for NEM?
3. Obfuscate or hide the buy option. Asking for money at the front door = scam on most people's radar. Replace it with a button called: "Get XEM" which links to another page, where the first options are non-purchasing (like run a NODE, bounties, et cetera) and the purchase option can be displayed at the end.
4. List all the ecosystem initiatives, projects and companies you can think of. Even the smallest ones.
The most viewed Bitcoin clip only has 6.5 million views after 4 years; when lets play streamers, pranksters and people playing with dolls can get more views in a week on YouTube. Conclusion: videos are a waste of time unless it's a product placement.
2. Answer the 5 Ws.
https://en.wikipedia.org/wiki/Five_Ws
Ethereum did this well:
Quote
What is Ethereum?
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
Ethereum is how the Internet was supposed to work.
Ethereum was crowdfunded during August 2014 by fans all around the world. It is developed by ETHDEV with contributions from great minds across the globe.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
Ethereum is how the Internet was supposed to work.
Ethereum was crowdfunded during August 2014 by fans all around the world. It is developed by ETHDEV with contributions from great minds across the globe.
Ethereum on their frontpage does the Five W's
Who: EthDEV
What: Decentralized Platform
Where: Around the world / Internet
When: August 2014
Why: To make applications run better.
Can you brainstorm a list of the 5'Ws for NEM?
3. Obfuscate or hide the buy option. Asking for money at the front door = scam on most people's radar. Replace it with a button called: "Get XEM" which links to another page, where the first options are non-purchasing (like run a NODE, bounties, et cetera) and the purchase option can be displayed at the end.
4. List all the ecosystem initiatives, projects and companies you can think of. Even the smallest ones.
NEM. The minimum needed to harvest is 10,000 and uses very little resources on your computer. $10 right now buys 100,000. I've known people who harvested between 25,000 to 100,000 since launch just running the wallet in the background.
Features
- NEM is built 100% from scratch (not a fork of any existing project)
- NEM is built with test-driven development
- NEM uses innovative Proof-of-Importance algorithm: first reputation based blockchain algorythm
- NEM improves different features of POW and POS coins, being more efficient and environmentally friendly
- NEM one minute average block times
- NEM is the first crypto with delegated harvesting
- NEM is the first with localized spam protection
- NEM is the first with Eigentrust++ peer reputation management
- NEM is the first editable m-of-n multisig with blockchain based alerts
- NEM offers encrypted, unencrypted and hex messaging
- NEM is easy to install with a one click installer
- NEM zero inflation (fixed supply, all 9 billion coins released at launch).
- NEM relatively large egalitarian distribution
- NEM will offer a mobile wallet for both iOS and Android (coming soon)
Quote
Features
- NEM is built 100% from scratch (not a fork of any existing project)
- NEM is built with test-driven development
- NEM uses innovative Proof-of-Importance algorithm: first reputation based blockchain algorythm
- NEM improves different features of POW and POS coins, being more efficient and environmentally friendly
- NEM one minute average block times
- NEM is the first crypto with delegated harvesting
- NEM is the first with localized spam protection
- NEM is the first with Eigentrust++ peer reputation management
- NEM is the first editable m-of-n multisig with blockchain based alerts
- NEM offers encrypted, unencrypted and hex messaging
- NEM is easy to install with a one click installer
- NEM zero inflation (fixed supply, all 9 billion coins released at launch).
- NEM relatively large egalitarian distribution
- NEM will offer a mobile wallet for both iOS and Android (coming soon)
This is what some people actually believe
As a paid up HYPER of this coin.....you actually saying this actually will make people wonder if it really is..The fact is Goldman Sach employees were involved in the core team. Also there is unlimited supply....if its not Goldman Sachs it is a banks wet dream. i.e. they can buy up the team (if they don't already own them) and mint Ethereum.
Satoshi would turn in his grave...or just get annoyed a bit.
can I have a link or something? thanksJoseph Lubin is the COO of Ethereum and is former Goldman Sachs. There is another former Goldman Sachs at Ethereum.
Goldman Sachs are pretty much the people responsible for the 2008 world recession. They only employ 33,000 people and yet there's 7 billion on the planet, what are the odds you would not have just one but two former Goldman Sachs at your startup? There are no coincidences like that.
Did you know Vitalik Buterin won an award from a competition sponsored by Goldman Sachs?