Search content
Sort by
Showing 20 of 24 results by formula1
Re: NEM Official Moderated Thread - Crowdsale has begun[Updates & Discussion]
As if there weren't enough announcements this week, here's yet another important announcement!
http://forum.nemcoin.com/index.php?topic=2375.msg4442#msg4442
It's the intention to create AltNemo, the first company to exist in the NEM ecosystem. Let's help build it together.
http://forum.nemcoin.com/index.php?topic=2375.msg4442#msg4442
It's the intention to create AltNemo, the first company to exist in the NEM ecosystem. Let's help build it together.
Great idea. Kudos to =makoto1337 and Rockethead. I have a question though how long will the silver and and gold crowd sale last ? I would buy some silver coins so I don't want to miss the deadline. One idea is to number the coins and run them as a limited edition so make them more attractive to collectors.
I have few prejudices against closed source businesses as long as useful products are made. Coinbase, Bitpay, Bitfinex etc. have been extremely helpful to Bitcoin for example. Nevertheless, the business model has to be clear and private company should have its own private funding. I only speak for myself not for NEM community.
Re: NEM Official Moderated Thread - Crowdsale has begun[Updates & Discussion]
As if there weren't enough announcements this week, here's yet another important announcement!
http://forum.nemcoin.com/index.php?topic=2375.msg4442#msg4442
It's the intention to create AltNemo, the first company to exist in the NEM ecosystem. Let's help build it together.
http://forum.nemcoin.com/index.php?topic=2375.msg4442#msg4442
It's the intention to create AltNemo, the first company to exist in the NEM ecosystem. Let's help build it together.
Great idea. Kudos to =makoto1337 and Rockethead. I have a question though how long will the silver and and gold crowd sale last ? I would buy some silver coins so I don't want to miss the deadline. One idea is to number the coins and run them as a limited edition so make them more attractive to collectors.
Re: NEM Official Moderated Thread - NCC Is Now Open Source[Updates & Discussion]
and posted on facebook 
why don't you have the facebook link in the signature ? I want to visit the page but cant remember what it is on top of my head.
Re: [ANN] Crypti | XCR | Launch August | 100% POS | New Source | Trading has begun!
Hey subSTRATA.....
Why is it that those with the least to lose are the biggest complainers:
0.2BTC ?
Why is it that those with the least to lose are the biggest complainers:
I have exchanged my 0.2 BTC worth of XCR from maxmint escrow (bonus was 29 or 30%) to Bter and received 22846.2409 XCR - can someone confirm it is correct amount?
0.2BTC ?
Apparently he sold everything.
Re: NEM scam stake price falling every day ! low, lower, lowest ! ! :-O!
Well I paid like 0.001 BTC or 0.0001 BTC cant really remember,
I sold for 2.5 BTC.
So no complains here
EDIT:
I really don't understand why people keep buying those,
Nem people talk a lot but delivers nothing...
I sold for 2.5 BTC.
So no complains here
EDIT:
I really don't understand why people keep buying those,
Nem people talk a lot but delivers nothing...
It is all good if you have made some money. Please don't be a hater though.
Re: NEM Official Moderated Thread - One Click Install Is Live[Updates & Discussion]
Some interesting announcements on the nem forum ...
I just checked the API package and like it a lot. There are a many impatient people but I am not one of them. In fact, I prefer the methodical approach and careful design of the NEM team
quite a change comparing to "rushing out to the door" style of other crypto teams. I am quite busy at the moment but I will see what I can do with the ecosystem in the next couple of months 
Re: NEM Official Moderated Thread - One Click Install Is Live[Updates & Discussion]
I saw that a few post of mine being deleted. Is that intentional ? It is also weird because I don't think I said anything out of line even though I do not comment here very often.
Hi formula1,
Could you please PM me with the info on what posts were deleted? I didn't delete any of your posts unless you are a sockpuppet of CfA and are referring to his posts being deleted.
One of my post is "intriguing. Looking forward to it Smiley " referring to Jaguar's announcement. It is not important though and I have no relation to CfA.
The allusion to CfA was just a joke. Just sent you a PM.
It is all good. thank you for clearing thing up.
What is your forecast for August ?
To be honest, I am contemplating shorting. And the reason is because all this great news right now is a FRUITION of this past bubble, and a lot of inexperienced people are seeing it the other way around or seeing these new small good news to be causing a new bubble. I'm still not sure what happened this last bubble, but it may have to do with some shady things going on with the chinese exchanges. Market manipulation in China is unbelievable.
This is the smartest statement I've seen on this board.
My own guess is this, but it is projected way too far out and so many things can intervene and shake it up. I think we'll get some upwards price activity not for reason of good news, but because of a changing market infrastructure -- notably, more leveraging and more Wall Street bots. I think we are all going to be taken for a ride really soon and if you catch the peak you'll be sitting pretty but if you are a day late then you'll (not as in you, specifically, but as in people generally) be living out of a cardboard box.
I expect July 20 modest price movement for those behind the game trying to enter cheap, then late July rally that speeds up and then takes on a life of its own as disillusioned youth start to gamble with their financial aid dollars and then... the crash... cascading margin calls on overleveraged traders PLUS a big exchange falling. Hopefully I am wrong because that would be an existential crisis.
Who knows... but next bubble seems to be long ways ahead.
This week's forecast:
700-500
trade: none, 3rd week in a row no trades made.
Keep up the good work. Your analysis is sensible.
Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion]
Anyway, what are your reasons fro opposing the auction?
Because it's a second IPO before the launch to collect even more money. The stakes should be divided equally among the current stakeholders.
Why you so worring about money?
I as a stakeholder am entitled worry, especially after the leadership has proven to be not honest. If this whole project is a money making scheme for just 8 people, lets say it straight.
Instead of spreading FUD you could just ask a straight question and wait until it is answered. You are not asking questions your are claiming the acution is a second IPO (which is funny cuz there was no first) and it's prupose is to gain more money.
The auction is to spread NEM even further.
Who do you think should have controll over the fund if not the core team ?
You can still request a refund if your not okay with how things are going.
Please stop to answer in this arrogant way, and tell people to refund.
NEM´s biggest goal is to attract as much
And a take it or leave it mentality doesn´t build a great community.
People disagree and part away. That's normal.
Re: NEM Official Moderated Thread [Updates & Discussion][Civilized Discussion]
Let me address some of the issues.
...
When it comes to me (and I think I express view of other devs too), I'm here for NEM, not for btc.
Whether public auction will be held (I think it should as it was promised), and how many stakes
will there be, is TBD. We will definitely take Eadeqa's fears and doubts into consideration.
(Give us few days time for some internal discussion)
Regarding 15%, keep in mind there is 400/100/100 split there, so it's not only dev but also promotion and ecosystem.
The 10% reserve, is supposed to go for FUTURE projects and it will be LOCKED (using NEM business rules).
...
When it comes to me (and I think I express view of other devs too), I'm here for NEM, not for btc.
Whether public auction will be held (I think it should as it was promised), and how many stakes
will there be, is TBD. We will definitely take Eadeqa's fears and doubts into consideration.
(Give us few days time for some internal discussion)
Regarding 15%, keep in mind there is 400/100/100 split there, so it's not only dev but also promotion and ecosystem.
The 10% reserve, is supposed to go for FUTURE projects and it will be LOCKED (using NEM business rules).
Very reasonable IMO. I am an early investor in Nxt and a stake holder in NEM and allow me to chime in my perspective here: Eadeqa's FUD is widely off the mark.
When Nxt was out of the genesis block there were a radom 8 people who held 5% of the total coin each. There were at least two other peope who sent the Btc twice or more and they had 5% of the total coin each too. Comparing to NEM current scheme in which the core dev. get about 2% for doing allmost all the works up to V1 blockchain (which is up to current Nxt blockchain specification as I understand).
I am questioning this Eadeqa's motive. He doesn't care that a random person holding 5% of Nxt but worry so much that a NEM core developer getting 2%? Isn't is suspicisous ? I would demand his explanation before considering any of his FUD request.
As a business owner and a technocrat myself, I believe in hardwork being rewarded. As a regular investor (in other businesses), I am always looking for the clues that the key people of that entities having proper incentives for doing a good job of running the show. As a NEM stakeholder, I think it is the best for NEM that the core dev. and other key peope in marketing and business having a sizeable chunk of NEM so that they have an interest in developing and building NEM for a longer term success.
Add: As a community, we have to treat our developers well. They are NEM founders and deserve to be treated as such.
Re: NEW ECONOMY MOVEMENT ---Statement on NEM by User EFFV--- {Updates & Discussion}
UtopianFuture did not scam anyone. What he did was equivalent to buying fake likes on Facebook and Twitter. All he did was create sockpuppet accounts, to pad popularity in the initial weeks of NEM, and he later took them off the stakeholder list. This is a tactic done by practically every coin out there. Satoshi likely had a dozen aliases in 2009 to promote Bitcoin.
Think hard about it - UtopianFuture had nothing to do with the taint analysis (others were in charge and it was open to anyone willing to volunteer). If UtopianFuture still had his sock puppets then he would had been busted hard, no way (under any fantasy scenario) could he had kept 100s of sockpuppets (let alone a dozen or five of them).
UtopianFuture at best probably only had 2 to 5 sockpuppets total (later removed) but now he has zero and persumably no developer stake anymore.
Think hard about it - UtopianFuture had nothing to do with the taint analysis (others were in charge and it was open to anyone willing to volunteer). If UtopianFuture still had his sock puppets then he would had been busted hard, no way (under any fantasy scenario) could he had kept 100s of sockpuppets (let alone a dozen or five of them).
UtopianFuture at best probably only had 2 to 5 sockpuppets total (later removed) but now he has zero and persumably no developer stake anymore.
You don't know any of this. All of your words are 100% conjecture.
No, they are not. Anyone who is familiar with NEM would know that we had an open, transparent, taint analysis which last for several months. Anyone was able to review the list of stakeholders and weed out sockpuppets, hundreds were removed that way. UF's sockpuppet accounts were gone from the list before taint analysis began and the registrations ended.
You keep trolling and insisting that UtopianFuture had 100s of sockpuppets but it's a rhetorical fallacy as taint analysis would had weeded him out months ago, and that hypothetical scandal which would way worse than UtopianFuture padding fake popularity in NEM back in January.
The reality is this - NEM has over 1000 veteran stakeholders and it has the fairest distribution in crypto history. That's compared to your NxT / Qora / Sim which had distributions to less than 100 accounts (of which, due to lack of taint analysis, was arguably only a dozen or so real people).
.
UF has already admitted to having more sockpuppet accounts than you are willing to admit he had, ergo, your opinion is meaningless.
Well UP's action is hard to defend but dude you have to stop. NEM has 1000 veteran member, check for yourself. NEM will go on without a "leader"
NEM has 1000+ veteran members. UtopianFuture has been replaced already but it's going to be a FUD vehicle repeated for the next years. "omg guys, did u hear dat utopianfuture made fake accounts to promote NEM back in January.. omg omg.. dump yo NEM" "NEM falls to $4 - is NEM dying?!"
I'm familiar with all the coins out right now and NEM still looks like the best bet. I'm also a NXTL stakeholder but I'm convinced that coin is full of sockpuppets, since they never did taint analysis like NEM.
Haha I will be happy with 4$ NEM.
Re: NEW ECONOMY MOVEMENT ---Statement on NEM by User EFFV--- {Updates & Discussion}
UtopianFuture did not scam anyone. What he did was equivalent to buying fake likes on Facebook and Twitter. All he did was create sockpuppet accounts, to pad popularity in the initial weeks of NEM, and he later took them off the stakeholder list. This is a tactic done by practically every coin out there. Satoshi likely had a dozen aliases in 2009 to promote Bitcoin.
Think hard about it - UtopianFuture had nothing to do with the taint analysis (others were in charge and it was open to anyone willing to volunteer). If UtopianFuture still had his sock puppets then he would had been busted hard, no way (under any fantasy scenario) could he had kept 100s of sockpuppets (let alone a dozen or five of them).
UtopianFuture at best probably only had 2 to 5 sockpuppets total (later removed) but now he has zero and persumably no developer stake anymore.
Think hard about it - UtopianFuture had nothing to do with the taint analysis (others were in charge and it was open to anyone willing to volunteer). If UtopianFuture still had his sock puppets then he would had been busted hard, no way (under any fantasy scenario) could he had kept 100s of sockpuppets (let alone a dozen or five of them).
UtopianFuture at best probably only had 2 to 5 sockpuppets total (later removed) but now he has zero and persumably no developer stake anymore.
You don't know any of this. All of your words are 100% conjecture.
No, they are not. Anyone who is familiar with NEM would know that we had an open, transparent, taint analysis which last for several months. Anyone was able to review the list of stakeholders and weed out sockpuppets, hundreds were removed that way. UF's sockpuppet accounts were gone from the list before taint analysis began and the registrations ended.
You keep trolling and insisting that UtopianFuture had 100s of sockpuppets but it's a rhetorical fallacy as taint analysis would had weeded him out months ago, and that hypothetical scandal which would way worse than UtopianFuture padding fake popularity in NEM back in January.
The reality is this - NEM has over 1000 veteran stakeholders and it has the fairest distribution in crypto history. That's compared to your NxT / Qora / Sim which had distributions to less than 100 accounts (of which, due to lack of taint analysis, was arguably only a dozen or so real people).
.
UF has already admitted to having more sockpuppet accounts than you are willing to admit he had, ergo, your opinion is meaningless.
Well UP's action is hard to defend but dude you have to stop. NEM has 1000 veteran member, check for yourself. NEM will go on without a "leader"
This is a thoughtful post. I tend to agree with it, but most of the leaders are going to be developers. Who knows what reasons they have for being anonymous. We can't really expect them to put their identity out there for the world to screw with. It would be nice if there was more upside for a person than downside, but just look at how a team of trolls appeared and spent all day (June 12th) attacking UF and NEM. Now in the case of UF, he somewhat deserved it, but it isn't necessarily that smart to have your identity tied to a project. NXT, BTC, PPC and others have all be quite successful with anonymous leaders/devs.
I am not sure about your last statement but I believe NXT is well represented and "identified". https://xrptalk.org/topic/3116-nxt-goes-mainstream-payexpo-sms-payments-atms-nxtcafe-and-market-gains/
Most "anonymous" coins after the first few coins tend to go into oblivion. A classic case of high visibility is ethereum. They have been upfront with all their cards opened in the first place. Look where they are now. Nevermind if it is vaporware or not. It has yet to be seen. Fact is, they have opened their cards and stripped themselves naked for all to see. What's more satisfying to know as a result of that is that you have a huge following of developers contributing.
Besides, if we have a face to a name, this can be promoted on the ground rather than purely virtual as is now. Further, in this game we are playing, there has been too many scams and therefore trust is of utmost importance. Whatever it is, our leader who resigned had not been forthcoming with his honesty. And that's when it is more important now than ever that we need to have a name to the face of the new leader and not just some pseudonym. That can only make matters worse.
It was my understanding that BCNext was and is anonymous. Putting together enough donations to have a representative show up at a conference is not the same.
Ethereum isn't really valid since it isn't a product yet ? Yes, they've marketed well. I am not sure how they are funded, but not everything is equally possible given the limitations of the funding model.
I don't disagree with your general sentiment, I'm just telling you that the leader of all coins if pretty much the lead developer. If you want top notch dev talent, you can't expect them to put their name out there so they can be swatted or worse.
I must say that NEM is well funded now given its value of about 20K NXT * 1,000 * 0.00012 BTC = 2,400BTC. That works out to be a hefty sum of $1.44M to do a lot more. Of course one can say that the core team should deserve the bulk of it. I am not disputing that. What I am merely saying is that there is enough to do a bit of promotional work with it.
I also agree with you that developers can hide behind, but there needs to be a leader among all. He or she does not need to be a developer, just an honest bloke who is willing to face the world. But still there needs to be some comfort at the end of the day that the development of the solution is not out to cheat. And that means open sourcing it to the world to prove that the codes are indeed safe.
Much need to be done to shape this. I like the professionalism and set up of ethereum. Nevermind if it is not rolled out yet. But have a look at their website and have a look at the contributors and advocates. They are all there for you to see.
Put it this way, I for one is willing to stick my neck out and champion this without any reservation if there is enough transparency in the game. Simple as that. And I don't even have a free NEM stake start with. I will if I am given enough visibility on the project. After all I have been through the dot com boom and I am willing to come out of my retirement to at least be part of another big thing that is going to change our lives.
I like that if Jaguar0625 - gimre -makoto or any other dev. taking over, he will stay open and non anonnymous.
Re: NEM's leader utopianfuture RETIRED after mistake posting w. sockpuppet acc
What IPO scam? Most people bought their NEM stake between $5 to $50 and currently hold stake worth $1000 - $1500. People everyday on this forum lose 100s, 1000s and 10,000s to real IPO scams.
Only thing UtopianFuture did was pad fake popularity back in January (those accounts he made were later taken off the list). Nowhere as bad as it sounds. Every new coin / project has sockpuppets advertising it. You have to, since this forum moves so far and obscure coins go to page 5 within hours.
Only thing UtopianFuture did was pad fake popularity back in January (those accounts he made were later taken off the list). Nowhere as bad as it sounds. Every new coin / project has sockpuppets advertising it. You have to, since this forum moves so far and obscure coins go to page 5 within hours.
Again, why do you keep normalizing crappy, bullshit behavior? Is the standard of being a filthy liar something that you want to carry over into the NEM world?
Come to the forum once a while and have a treat today. I have a question for you though. Do you know how many socks/ money BCnext, Qora, Sim, NxtLite developers are puting in their IPO ? No one knows and they are all the same and I believe that is problem with IPO model, especially one with very few investors like Nxt and Qora. In these cases, I consider as given that the dev. has at least 30% of the total coin.
He said he does not profit from any sock account. Take it for what it is worth becasue it is bloody hard to create 1000 sock puppet accounts.
Re: [NEM] Do you want to have asset exchange token before the official launch ?
As a dev, I can't participate, but I really would like to see this on counterparty. If you agree, then please say something!
I could try counter party eventhough 10 minute block does seem too slow.
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
Is it possible that one single person can buy all of the auctioned stakes?
I think there is a limit of 2 stakes per auction.
Seems like we are getting away from the most egalitarian distribution if ppl are allowed more than 1 stake pre-launch.
Hm is NEM most egalitarian before ? Do the developers take 3-4% each, don't they ? I am in this because of POI and colored coin. People who help the most should get the most so I don't mind the developers but avoid the term "egalitarian". Giving people according to contribution seems better than dividing everything equally.
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
Is it possible that one single person can buy all of the auctioned stakes?
I think there is a limit of 2 stakes per auction.
11) ALL IPO's listed on this forum are a scam.
Not exactly true. If you hit NXT jackpot you can lose everything in the next 10 IPO and still comes out a winner. Not every developers have the connection and the opportunity to go to conferences to promote their project.