NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[jubalix]

...
This is the only way to avoid a ripple or NXT position.

No it's not.

It Achieves the original intent to spread as widely as possible, it keeps the stakes balanced to original spread.

No it doesn't. It spreads NEM to people that are already in cryptos. We want to get NEM out in the world to the average Joe. That will not be accomplished by holding NEM for people that don't even care enough to checkin for months on end.

>>>But how do you decide this, by retaining the original spread leaves the everyone with the same proprtion instead of in anway putting more power to say devs or any other allocation. The unclaimed shares are never wasted they make everyone else stronger. To sell them on the open market transfer wealth away from those who paid for them. In the IPO every one paid right?

It heads of accusations of scam.

Any accusations of NEM being a scam don't hold water anyway. If they want to make a fool out of themselves and claim NEM is a scam let them. They wouldn't be the first. Just like many people say NXT is a scam.

>>>I'm not saying NXT or NEM *is* as scam, far from it, but it does chop a leg out from a possible claim. NXT does suffer from this perception, and the cutting short of the intial IPO did not help.

This is what is commonly done in legal trusts, unit trusts, wills, and with bank accounts. You don't just sieze stakes

...

This was not an IPO so you can't compare it.

People who buy into IPO's but never realize their shares, dont have thier shares revoked

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[V500]

Dear Nemites.

I was active in the eXo thread, to force real escrow for eXo. I am sure a lot of people are happy this happened.

I suggest strongly here All unclaimed stakes must be held indefinitely for the people to claim. Only the cost to maintain the stakes them selves could be deducted from the stakes.

This is the only way to avoid a ripple or NXT position.

It Achieves the original intent to spread as widely as possible, it keeps the stakes balanced to original spread.

It heads of accusations of scam.

This is what is commonly done in legal trusts, unit trusts, wills, and with bank accounts. You don't just sieze stakes

I can not emphasize this enough.

Any derogation from this position and all your hard work will be undermined.

  Got a point here..

"This is what is commonly done in legal trusts, unit trusts, wills, and with bank accounts."

it is also what you would get in an academic environment...  

these stakes can be of great importance to some individuals. Seizing them is unprofessional.

Someone paying entry fees, maybe doesn't have a lot and it was a real investement for the little man, now he visits his grandma for 3 weeks in the countryside with no net, comes back, doesn't check this thread for another few weeks (simply forgot it) comes back and is told:
"thank you for donating, we took your btc and your nem because you were late by just 3 days. While we took your stake and pumped the price of one to 2000$ you little fry were just not interested enough in nem. Next time think twice before driving into countryside to grandma. We require you to pay attention at all times. 24/7. You need to be there for us. Remember that!"

will be great fun to watch those reactions and the talking heads "this is no envy movement" rofl.

[nembit86]

Dear Nemites.

I was active in the eXo thread, to force real escrow for eXo. I am sure a lot of people are happy this happened.

I suggest strongly here All unclaimed stakes must be held indefinitely for the people to claim. Only the cost to maintain the stakes them selves could be deducted from the stakes.

This is the only way to avoid a ripple or NXT position.

It Achieves the original intent to spread as widely as possible, it keeps the stakes balanced to original spread.

It heads of accusations of scam.

This is what is commonly done in legal trusts, unit trusts, wills, and with bank accounts. You don't just sieze stakes

I can not emphasize this enough.

Any derogation from this position and all your hard work will be undermined.

  Got a point here..

"This is what is commonly done in legal trusts, unit trusts, wills, and with bank accounts."

it is also what you would get in an academic environment...  

these stakes can be of great importance to some individuals. Seizing them is unprofessional.

Someone paying entry fees, maybe doesn't have a lot and it was a real investement for the little man, now he visits his grandma for 3 weeks in the countryside with no net, comes back, doesn't check this thread for another few weeks (simply forgot it) comes back and is told:
"thank you for donating, we took your btc and your nem because you were late by just 3 days. While we took your stake and pumped the price of one to 2000$ you little fry were just not interested enough in nem. Next time think twice before driving into countryside to grandma. We require you to pay attention at all times. 24/7. You need to be there for us. Remember that!"

will be great fun to watch those reactions and the talking heads "this is no envy movement" rofl.

Someone visits his grandma in the country for 3 weeks or so.....loses stake..mmmm.....do you know how ridiculous your argument is? .....internet is quite easily accessed these days....don't you know this?

[Mickeyb]

so you smart guys made sure everyone who doesn't pay attention can't claim their stake, you keep up to 40% of coins 'for developement' and thus make the coin trustbased like ripple? Are you serious? I am gonna dump this shit ASAP.

If you can't destroy unclaimed stakes you're just a joke.
I say: either lift timelimit and let everyone claim as long as  they want OR destroy the unclaimed stakes but keeping up to 40% of supply in very few hands makes this coin trust-based and for that reason dramatically lowers the outlooks of it. No matter how shiny your shit is, it can't obscure what greedy bastards you are. You don't care about NEM or the project. Everyone is focused on personal gains. No other way to explain this redemption-process. Period.

Destroy stakes, let people claim longer or be called greedy pigs and lower outlooks of nem-project dramatically - pretty simple, like it or not.

NEM is a voluntary association. If people can't come around or check twitter/facebook once in a couple of months, they haven't really contributed much to us and shouldn't expect much in return.

Guys why are you stressing so much about people who can't/won't claim their coins??? Set the deadlines and stick to them!! We must have deadlines, we can't wait forever. Even when you win a lottery, you have a month or two or 3 months to claim your $100 millions and if you don't claim them until then you are screwed after!!

You guys are not clear to me, we need deadlines, transparency and discipline and then after nobody will be able to tell us shit!!!

[jubalix]

you just can't seize stakes that have been paid for by NXT or whatever. Sure you can charge a reasonable holding in the don't turn up, or admin fee.

Don't go seizing them though.

Perhaps you could buy them back and hold the funds to give them back in funds purchased but this is second guessing what the purchaser wanted.

Things happen people don't log on.

I am you could say quite regular, but haven;t had nearly as much time as I would like to follow nem

Deadlines could only be used if they were clearly articulated at the the beginning eg terms and conditions of IPO

[nembit86]

you just can seize stakes that have been paid for by NXT or whatever. Sure you can charge a reasonable holding in the don't turn up, or admin fee.

Don't go seizing them though.

Perhaps you could buy them back and hold the funds to give them back in funds purchased but this is second guessing what the purchaser wanted.

Things happen people don't log on.

I am you could say quite regular, but haven;t had nearly as much time as I would like to follow nem

Deadlines could only be used if they were clearly articulated at the the beginning eg terms and conditions of IPO

Dohhhhhhhhhhhh.......it wasn't an IPO......for the gazillionth time.......

[mikesbmw]

you just can seize stakes that have been paid for by NXT or whatever. Sure you can charge a reasonable holding in the don't turn up, or admin fee.

Don't go seizing them though.

Perhaps you could buy them back and hold the funds to give them back in funds purchased but this is second guessing what the purchaser wanted.

Things happen people don't log on.

I am you could say quite regular, but haven;t had nearly as much time as I would like to follow nem

Deadlines could only be used if they were clearly articulated at the the beginning eg terms and conditions of IPO

In the real world, there are loads of cases that have a deadline: warranty, return policies, gift certificates.

I don't see any problem with having an ultimate date to claim your stake.

People sayin' "but what if I'm away for 3-4-5-6 weeks WITHOUT internet" are making me chuckle. There is ALWAYS a possibility to get online: if you WANT to!
Things that are important enough get priority.

[sdersdf3]

Have btt stakes been distributed yet? Will there be an opportunity to test the wallet address with a test transfer of NEM before a btt stake is sent, just to make sure the account/key is working as it should? When the time comes, will we just send you our "public key" address?
What's up with the price - anything besides the slide of btc?

[helloge]

all is ready ,wait for official launch.

[patmast3r]

you just can seize stakes that have been paid for by NXT or whatever. Sure you can charge a reasonable holding in the don't turn up, or admin fee.

Don't go seizing them though.

Perhaps you could buy them back and hold the funds to give them back in funds purchased but this is second guessing what the purchaser wanted.

Things happen people don't log on.

I am you could say quite regular, but haven;t had nearly as much time as I would like to follow nem

Deadlines could only be used if they were clearly articulated at the the beginning eg terms and conditions of IPO

In the real world, there are loads of cases that have a deadline: warranty, return policies, gift certificates.

I don't see any problem with having an ultimate date to claim your stake.

People sayin' "but what if I'm away for 3-4-5-6 weeks WITHOUT internet" are making me chuckle. There is ALWAYS a possibility to get online: if you WANT to!
Things that are important enough get priority.

Also it's not like we're totally ignoring those concerns. We've added an extended remdeption period after launch over 3 months where stakes become less and less valuable (because we have to hold and administrate them). I think this is very fair because at that point people will not have checked in for about 5 months and at that point it really is purely on them. If you don't have the option to go online for 5 months then crypto isn't for you anyway. It kinda needs online connectivity. 

[jubalix]

you just can seize stakes that have been paid for by NXT or whatever. Sure you can charge a reasonable holding in the don't turn up, or admin fee.

Don't go seizing them though.

Perhaps you could buy them back and hold the funds to give them back in funds purchased but this is second guessing what the purchaser wanted.

Things happen people don't log on.

I am you could say quite regular, but haven;t had nearly as much time as I would like to follow nem

Deadlines could only be used if they were clearly articulated at the the beginning eg terms and conditions of IPO

Dohhhhhhhhhhhh.......it wasn't an IPO......for the gazillionth time.......

what was it then?

[tron666]

Could someone send me some nem to test?

TBZXHE-TD6AO6-PHSFZL-SZ7MWS-JEEI7C-EFCUC2-7Y7V

500k test nem for you.

thank you  .... and received

[dewey556]

Could someone send me some nem to test?

TXXXX-XXXXX-XXXXX--XXXXX-XXXXX-XXXXX-XXXX

500k test nem for you.

thank you  .... and received

has been said a thousand times
PLEASE DONT POST YOUR WALLET ADDRESS IN YOUR MESSAGE, this thread could be deleted.

[lx001]

Someone paying entry fees, maybe doesn't have a lot and it was a real investement for the little man, now he visits his grandma for 3 weeks in the countryside with no net, comes back, doesn't check this thread for another few weeks (simply forgot it) comes back and is told:
"thank you for donating, we took your btc and your nem because you were late by just 3 days.

such people will get their btc refunded, as far as I know

[patmast3r]

Someone paying entry fees, maybe doesn't have a lot and it was a real investement for the little man, now he visits his grandma for 3 weeks in the countryside with no net, comes back, doesn't check this thread for another few weeks (simply forgot it) comes back and is told:
"thank you for donating, we took your btc and your nem because you were late by just 3 days.

such people will get their btc refunded, as far as I know

Nope. Refundingperiod has ended.

[kodtycoon]

you just can seize stakes that have been paid for by NXT or whatever. Sure you can charge a reasonable holding in the don't turn up, or admin fee.

Don't go seizing them though.

Perhaps you could buy them back and hold the funds to give them back in funds purchased but this is second guessing what the purchaser wanted.

Things happen people don't log on.

I am you could say quite regular, but haven;t had nearly as much time as I would like to follow nem

Deadlines could only be used if they were clearly articulated at the the beginning eg terms and conditions of IPO

Dohhhhhhhhhhhh.......it wasn't an IPO......for the gazillionth time.......

what was it then?

it was a call for participation. not an ipo.

in an ipo you get a number of shares/coins that is directly corrolated to the amount you invested.

people payed a variable fee (that increased over time from 0 - ~700nxt) to join the movement. the benefit of join said movement is that you are allocated 1 million nem for your participation. every see "dallas buyers club"? so you did not invest and get 1 million in return for an investment. you  payed a nominal fee to join a movement and it just happens that one of the perks is getting 1 million nem. there is no legal binding in this deal that stakes must be held for x time..

[V500]

Someone visits his grandma in the country for 3 weeks or so.....loses stake..mmmm.....do you know how ridiculous your argument is? .....internet is quite easily accessed these days....don't you know this?

maybe where you are. But america is not everywhere my friend even if you were told otherwise
Sometimes people like me HAVE to take off 4 to 6 weeks from sitting at the screen 365 days otherwise. Correct?
You are not like everyone else. Other people have other needs and lifestyles.

Been australia countryside? Africa? Asia? Southamerica?
No, people there don't have access every day 24hours.


Nem took now almost a year to get this started. You can't expect people to pay attention all the time after such a long time. It's 500+ other coins out there that also need attention a lot.  

Well, i stop discussing now.

Last remark:
To give everyone equal stake is what i would expect from an "equality coin", or not?

Enough now before you hate me  

[kodtycoon]

just came back to a laptop that had the old beta on it.. just booted up the monitor and all and updated perfectly. buggy software my arse..

was a new release put out that fixed the bottle neck??? i just flew straight past block 10081 where i kept getting stuck for hours multiple times before..

[tron666]

Could someone send me some nem to test?

TXXXX-XXXXX-XXXXX--XXXXX-XXXXX-XXXXX-XXXX

500k test nem for you.

thank you  .... and received

has been said a thousand times
PLEASE DONT POST YOUR WALLET ADDRESS IN YOUR MESSAGE, this thread could be deleted.

?? ok, I seem to have missed all those thousand times.  But why is that?

[dewey556]

Could someone send me some nem to test?

TXXXX-XXXXX-XXXXX--XXXXX-XXXXX-XXXXX-XXXX

500k test nem for you.

thank you  .... and received

has been said a thousand times
PLEASE DONT POST YOUR WALLET ADDRESS IN YOUR MESSAGE, this thread could be deleted.

?? ok, I seem to have missed all those thousand times.  But why is that?

i think its btt rule. you can go back in the thread and see xtester post this every few pages