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Showing 20 of 20 results by km356
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Topic
Board Announcements (Altcoins)
Re: [ANN][NXT AE] Top Distribution (topDISTR)
by
km356
on 31/07/2014, 01:47:54 UTC
I'll try out your asset.

NXT-DM9G-9J3C-JPLT-GSWAN
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS █ █ LAUNCHED █ █ 400 gH/s !!!
by
km356
on 15/07/2014, 06:16:21 UTC
How do you get on the Valid Users List (asides from being Jr. Member and above, etc...)? I don't understand how 1000 users will be given 30 ICB but further along it says that only 408 users are on the valid user list...other coins going to faucets.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS █ █ LAUNCHED █ █ 400 gH/s !!!
by
km356
on 15/07/2014, 05:48:07 UTC
Is there a benefit in trying to CPU mine at the same time as GPU mine?

More hashrate obviously, but it's only good if you're not using the computer you're mining with otherwise it will lag big time.

Thanks. Oddly with CPU Miner running only, I have not noticed too much lag. I will try both and see.
Post
Topic
Board Altcoin Discussion
Re: NXT VS NEM
by
km356
on 15/07/2014, 04:56:18 UTC
You buy NEM stakes on the NXT Asset Exchange. Nuff said.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS █ █ LAUNCHED █ █ 400 gH/s !!!
by
km356
on 15/07/2014, 04:02:15 UTC
Is there a benefit in trying to CPU mine at the same time as GPU mine?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS █ █ LAUNCHED █ █ 400 gH/s !!!
by
km356
on 15/07/2014, 02:38:00 UTC
Taking the cautious approach for my first real foray into mining...no rent low hashrate...watch and observe...the ICO price seems to have dropped so that may be the best way in.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS █ █ █ █ LAUNCHED █ █ █ █
by
km356
on 14/07/2014, 00:26:24 UTC
How do I get this wallet to sync?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS █ LAST DAY OF PRESALE █ LAUNCH TOM
by
km356
on 13/07/2014, 06:16:43 UTC
So what would be a better return...buying on the market at ICO pricing or renting a rig for the launch/POW phase? and why do you think so?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS █ LAST DAY OF PRESALE █ LAUNCH TOM
by
km356
on 13/07/2014, 05:02:36 UTC
Why is the Bittrex price over the ICO price. Did ICO coins get all bought up?

Yes someone bought the remaining for 24BTC i think

Is it worth trying to CPU mine?

No.

What about renting a rig? And what hashrate would be useful?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS █ LAST DAY OF PRESALE █ LAUNCH TOM
by
km356
on 13/07/2014, 04:47:27 UTC
Why is the Bittrex price over the ICO price. Did ICO coins get all bought up?

Yes someone bought the remaining for 24BTC i think

Is it worth trying to CPU mine?
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS █ LAST DAY OF PRESALE █ LAUNCH TOM
by
km356
on 13/07/2014, 04:39:41 UTC
Why is the Bittrex price over the ICO price. Did ICO coins get all bought up?
Post
Topic
Board Announcements (Altcoins)
Re: NEM - New Economy Movement - NEMstake Tokens Listed on NXT Asset Exchange
by
km356
on 24/06/2014, 03:29:52 UTC
Why would the address for the NXT genesis block be involved in Asset Exchange NEMstakes manipulation?

It probably has to do with making money Smiley Next question is whether the activity is ethical according to the stated principals of NEM?

If I am not wrong the fees for placing buy/sell orders are sent to the genesis block.

Thank you for such a clear explanation. I can see that now as I trace my own transactions that fees are going to the NXT Genesis account.

So what appeared to me as regularly placed fake bid orders were actually fee transactions for other people's bid orders going to the NXT Genesis account.

I apologize for stirring your pot while I learn about all these new things.

km
Post
Topic
Board Announcements (Altcoins)
Re: NEM - New Economy Movement - NEMstake Tokens Listed on NXT Asset Exchange
by
km356
on 24/06/2014, 02:10:08 UTC
Why would the address for the NXT genesis block be involved in Asset Exchange NEMstakes manipulation?

It probably has to do with making money Smiley Next question is whether the activity is ethical according to the stated principals of NEM?


haha registered today. So you are CFA or some other troll?
Please instaban from thread.


Please, you must be kidding. You have closed your mind to legitimate inquiries from new NEMsters about fundamental principles.

I do my research rather than spreading easily spewed "instabans." I hope you are not representative of the principles of this community.


Post
Topic
Board Announcements (Altcoins)
Re: NEM - New Economy Movement - NEMstake Tokens Listed on NXT Asset Exchange
by
km356
on 24/06/2014, 01:58:38 UTC
Why would the address for the NXT genesis block be involved in Asset Exchange NEMstakes manipulation?

It probably has to do with making money Smiley Next question is whether the activity is ethical according to the stated principals of NEM?


Can you elaborate more, otherwise, I suppose you want to get NEM cheaper.

Of course everyone wants something cheaper but I would be happy to share my observations and maybe someone can help me understand a little better if I made some bad assumptions.

I reviewed the orders on the NXE AE and noticed one address repeatedly placing several bid orders interspersed with ask orders and cancellations. Hmmm...looks like a bot to me. So, I investigated the address a little and found that it was the same address as the NXT genesis block: NXT-MRCC-2YLS-8M54-3CMAJ

Well, that was interesting and I wondered if the NXT community would be so overt (and maybe they are) but then I stumbled on interesting news in February when the so called "doctorevil" successfully hacked the passphrase for the genesis account. Clearly, the account could have transferred to different hands at that point.

In any case, someone with strong NXT ties is manipulating NEMstakes on NXT AE Exchange. Algorithmic trading may not be bad in itself but, in this early phase, when the NEM community is trying for a sterling reputation for fair distribution based on principles of equality...it is lack luster to say the least!

You are on the right track but need to do some more reading. Everything happening is legitimate.

Some of these forums have soooo many posts. Can you give me some clues of where to find out more information about what I am missing?
Post
Topic
Board Announcements (Altcoins)
Re: NEM - New Economy Movement - NEMstake Tokens Listed on NXT Asset Exchange
by
km356
on 24/06/2014, 01:52:05 UTC
Why would the address for the NXT genesis block be involved in Asset Exchange NEMstakes manipulation?

It probably has to do with making money Smiley Next question is whether the activity is ethical according to the stated principals of NEM?


Can you elaborate more, otherwise, I suppose you want to get NEM cheaper.

Of course everyone wants something cheaper but I would be happy to share my observations and maybe someone can help me understand a little better if I made some bad assumptions.

I reviewed the orders on the NXE AE and noticed one address repeatedly placing several bid orders interspersed with ask orders and cancellations. Hmmm...looks like a bot to me. So, I investigated the address a little and found that it was the same address as the NXT genesis block: NXT-MRCC-2YLS-8M54-3CMAJ

Well, that was interesting and I wondered if the NXT community would be so overt (and maybe they are) but then I stumbled on interesting news in February when the so called "doctorevil" successfully hacked the passphrase for the genesis account. Clearly, the account could have transferred to different hands at that point.

In any case, someone with strong NXT ties is manipulating NEMstakes on NXT AE Exchange. Algorithmic trading may not be bad in itself but, in this early phase, when the NEM community is trying for a sterling reputation for fair distribution based on principles of equality...it is lack luster to say the least!
Post
Topic
Board Announcements (Altcoins)
Re: NEM - New Economy Movement - NEMstake Tokens Listed on NXT Asset Exchange
by
km356
on 23/06/2014, 13:46:42 UTC
Why would the address for the NXT genesis block be involved in Asset Exchange NEMstakes manipulation?

It probably has to do with making money Smiley Next question is whether the activity is ethical according to the stated principals of NEM?
Post
Topic
Board Announcements (Altcoins)
Re: NEM - New Economy Movement - NEMstake Tokens Listed on NXT Asset Exchange
by
km356
on 23/06/2014, 13:29:25 UTC
This NEMstake business does not seem as fair and equitable as I had read in the forum.

I simply wanted to place a buy order below 25K and I placed a decent order within the spread before going to bed.

Woke up this morning and it seems some bot (or very fast human) manipulated the market to drive the price higher and now I have missed the boat.

Not feeling very fairly dealt in the last few hours!

km

 Huh

thats just the market. very few people are selling using market order right now.

I don't buy that. I am investigating the blockchain now and am finding some very peculiar activity with one address...more to come later
Post
Topic
Board Announcements (Altcoins)
Re: NEM - New Economy Movement - NEMstake Tokens Listed on NXT Asset Exchange
by
km356
on 23/06/2014, 13:00:42 UTC
This NEMstake business does not seem as fair and equitable as I had read in the forum.

I simply wanted to place a buy order below 25K and I placed a decent order within the spread before going to bed.

Woke up this morning and it seems some bot (or very fast human) manipulated the market to drive the price higher and now I have missed the boat.

Not feeling very fairly dealt in the last few hours!

km
Post
Topic
Board Announcements (Altcoins)
Re: NEM - New Economy Movement - NEMstake Tokens Listed on NXT Asset Exchange
by
km356
on 23/06/2014, 05:05:42 UTC
Hi There:

I got involved with NXT recently (transferred btc in, tried some account leasing, found the asset exchange) and then stumbled onto NEM...wow! Spent all day reading the forums...lot's of reading and interesting stresses for the community.

Anyway, it's not clear to me whether the only way onto a NEMStake is through purchase on the NXT AE or if I can contribute some way to the community in exchange for a stake.

Thanks,

km356


hi Km356,

firstly welcome to nem! Smiley

there are 2 ways at the moment to obtain nem.

buy it on the AE the way you did.

there will be an auction, after alpha/beta, not sure what the devs have decided yet, but there will be an auction.

aswell as this, there is a third way, development/ecosystem(promotion) fstakes, but theres a catch

The basis of NEM is reward following contribution (not for money invested).

"any stake holder that goes the extra mile will be compensated based on what they have done". as far as i know this would fall under "promotional stakes".

there are many people who work very hard on nem, and still to this day do not have a clue how much they could get, if anything. its just one of those things you do because you love the job, not because of the money. soon, if you follow nem, you will see that those working on nem are truly passionate about what they are doing. and it shows in there work.

any other questions, just ask! Smiley

kod

Thanks kod.

I would expect there is a bounty list or community signup somewhere; is the google form linked at the top of the NEM official thread the only signup mechanism?

km
Post
Topic
Board Announcements (Altcoins)
Re: NEM - New Economy Movement - NEMstake Tokens Listed on NXT Asset Exchange
by
km356
on 23/06/2014, 01:09:32 UTC
Hi There:

I got involved with NXT recently (transferred btc in, tried some account leasing, found the asset exchange) and then stumbled onto NEM...wow! Spent all day reading the forums...lot's of reading and interesting stresses for the community.

Anyway, it's not clear to me whether the only way onto a NEMStake is through purchase on the NXT AE or if I can contribute some way to the community in exchange for a stake.

Thanks,

km356