jabo38
Legendary
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Activity: 1232
Merit: 1001
mining is so 2012-2013
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March 10, 2016, 06:04:19 PM |
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People who didn't claim funds during the more than reasonable and fair period, have lost their chance to claim. Their period to claim has passed. That token was not XEM. It was a chance to get XEM, a chance with a clearly announced date of expiration.
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jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
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March 10, 2016, 06:25:14 PM |
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I got a NEM stake for free back in the day (posted in the original thread) . didn't redeem it in time. I'm gutted but I don't feel like bitching about it or blaming anyone. I didn't even rememeber about my stake untill last week when I had a look at the coinmarketcap page. "omg NEM! " (i know what helped HinnomTX magically find his lost NXT password lol) for a year or so I was inactive. there were rules and deadlines for redemtion which I didn't follow .the asset even said to keep up with the rules. fair enough. frankly seems already too lenient that they allowed redemtion for the first 3 months after genesis...you'd expect it be settled finalized before that. anyway after reading on forums that I couldn't redeem it anymore I dumped it on NXT asset exchange for a few thousand NXT (10$ or so) which then I immediately reinvested into NEM ...and now I have 10.000 NEM. just enough to move to my wallet for harvesting ! and as soon as I make more (trying to figure out this harvesting stuff) I plan to send back the NXt to that dude who probably had forgotten the buy order.
Join Telegram via the link below. Then PM me on BTT your Telegram ID. I'll help you get started and tip you another 10,000 so you can speed up the vesting process so you can harvest earlier.
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HinnomTX
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March 10, 2016, 06:29:41 PM Last edit: March 10, 2016, 07:01:46 PM by HinnomTX |
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The NEMstake you bought were like stock options. They weren't real equity, but the opportunity to receive real stock/equity in a certain period of time and with certain rules. You agreed to those rules when you bought them. You broke those rules. Your fault. Nothing anyone can do about that.
Sort of like options, but not really. Unclaimed 'options' should never have spawned NEM. The rules were changed as the devs went along. Investors were set up to enable their claims getting expropriated going into and coming out of NEMstake. Instead of erring on the side of extreme caution and fiduciary responsibility, devs took the unclaimed stakes and made them into a project proposal fund. Now I can't stop the way the devs and community want to operate. But the economics here are fundamentally flawed, and it's very likely the hazards brought upon your earliest investors will continue to haunt your organization. Good luck.
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"One can only solve so much with cryptography. The rest of the solution will prove to be economic in nature." -Evan Duffield Dash is Digital Cash. https://www.dash.org
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nembit86
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March 10, 2016, 06:38:20 PM |
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The NEMstake you bought were like stock options. They weren't real equity, but the opportunity to receive real stock/equity in a certain period of time and with certain rules. You agreed to those rules when you bought them. You broke those rules. Your fault. Nothing anyone can do about that.
Sort of, but not really. The rules were changed as the devs went along. Investors were set up to enable their claims getting expropriated going into and coming out of NEMstake. Instead of erring on the side of extreme caution and fiduciary responsibility, devs took the unclaimed stakes and made them into a project proposal fund. Now I can't stop the way the devs and community want to operate. But the economics here are fundamentally flawed, and it's very likely the hazards brought upon your earliest investors will continue to haunt your organization. Good luck. shut up ......... you havnt a clue..... !!!!!
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NDZ4YPCKVKWAIIZBB5T7T5EL67N2XWPQODGGWIYT
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Xpedite
Sr. Member
Offline
Activity: 258
Merit: 250
DRAMA: Dumb Retards Asking More Attention
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March 10, 2016, 07:13:24 PM |
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For those who forgot about NEM until we got in the top ten on CMC: Rules were set , deadlines were determined. Then deadlines were extended ( more than once). Actions ( or in this case a lack there-off ) have consequences in life so just face these consequences and move on. The smart ones will learn from it, but those are probably not the ones that are wining about it. Take an example from extee and deal with it like a man One more thing: I was an original stakeholder, I knew it was possible to claim a stake for my wife or whatever but never did. I can probably come up with a dozen reasons why I didn't but who cares. Regrets came after a while but since that's has never helped anyone I decided to invest some more money. So that's what I did. In the mean time the money I invested has gained in value substantially and will do more so over time (at least that's what I expect)... So my advice to those that missed out: Take whatever you can spare and invest it in XEM, the show is just getting started
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Xpedite
Sr. Member
Offline
Activity: 258
Merit: 250
DRAMA: Dumb Retards Asking More Attention
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March 10, 2016, 07:40:25 PM |
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Is there a stat like page that tells me what can be my harvesting rate once I have my coins vested?
Bump ... I'm afraid ther's too many variables to get a reliable prediction. Even if you would be able to predict roughly how many blocks you would harvest (which mainly depends on you POI score), the fees in that block will vary from 0 - over 150 XEM. So some luck is involved too. A while ago some people posted their harvesting results for the last 25 blocks ( which is displayed in NCC) and although I can't recall the amounts they varied quite a bit.
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patmast3r
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March 10, 2016, 07:43:05 PM |
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Is there a stat like page that tells me what can be my harvesting rate once I have my coins vested?
Bump ... I'm afraid ther's too many variables to get a reliable prediction. Even if you would be able to predict roughly how many blocks you would harvest (which mainly depends on you POI score), the fees in that block will vary from 0 - over 150 XEM. So some luck is involved too. A while ago some people posted their harvesting results for the last 25 blocks ( which is displayed in NCC) and although I can't recall the amounts they varied quite a bit. To clarify, it would vary from 0 to however many fees are in any given block. 150 is a completely arbitrary number xpedite chose.
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dannac
Sr. Member
Offline
Activity: 266
Merit: 250
Crypto Geek
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March 10, 2016, 07:43:34 PM |
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For those who forgot about NEM until we got in the top ten on CMC: Rules were set , deadlines were determined. Then deadlines were extended ( more than once). Actions ( or in this case a lack there-off ) have consequences in life so just face these consequences and move on. The smart ones will learn from it, but those are probably not the ones that are wining about it. Take an example from extee and deal with it like a man One more thing: I was an original stakeholder, I knew it was possible to claim a stake for my wife or whatever but never did. I can probably come up with a dozen reasons why I didn't but who cares. Regrets came after a while but since that's has never helped anyone I decided to invest some more money. So that's what I did. In the mean time the money I invested has gained in value substantially and will do more so over time (at least that's what I expect)... So my advice to those that missed out: Take whatever you can spare and invest it in XEM, the show is just getting started You said : rules were set... But, to be fair, rules were changed as well, if you consider what happened with the sockpuppets... They simply changed the rules on run just to keep as much stakes as they can for them. And we all know that what has been done in that case it's far from being fair.
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corjette
Newbie
Offline
Activity: 19
Merit: 0
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March 10, 2016, 07:55:49 PM |
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For those who forgot about NEM until we got in the top ten on CMC: Rules were set , deadlines were determined. Then deadlines were extended ( more than once). Actions ( or in this case a lack there-off ) have consequences in life so just face these consequences and move on. The smart ones will learn from it, but those are probably not the ones that are wining about it. Take an example from extee and deal with it like a man One more thing: I was an original stakeholder, I knew it was possible to claim a stake for my wife or whatever but never did. I can probably come up with a dozen reasons why I didn't but who cares. Regrets came after a while but since that's has never helped anyone I decided to invest some more money. So that's what I did. In the mean time the money I invested has gained in value substantially and will do more so over time (at least that's what I expect)... So my advice to those that missed out: Take whatever you can spare and invest it in XEM, the show is just getting started You said : rules were set... But, to be fair, rules were changed as well, if you consider what happened with the sockpuppets... They simply changed the rules on run just to keep as much stakes as they can for them. And we all know that what has been done in that case it's far from being fair. I got call a sock , in the beginning they said you could have 2 stakes for you and your wife . I talked them out of calling me a sock , but I only got 1 stake
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paveel90
Member
Offline
Activity: 255
Merit: 10
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March 10, 2016, 08:01:41 PM |
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I'm one of the stakeholders and I don't agree to give a chance to claim stake for people who now remember about xem when price was growing. They are not even Nemsters. They just want to get free money and leave this project. They had chance to claim stakes earlier.
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dannac
Sr. Member
Offline
Activity: 266
Merit: 250
Crypto Geek
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March 10, 2016, 08:10:49 PM |
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I thought it was only God that could decide to not giving a second chance.. But I was clearly wrong apparently.. My bad. Sorry
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Thingamajig
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March 10, 2016, 08:49:44 PM |
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It was so quiet in here. Now people smell value the fudsters return. Cloud and Silver lining i suppose. When the smoke settles, don't let the door hit you on your way out (Empty handed) .
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cryptonit
Legendary
Offline
Activity: 3052
Merit: 1053
bit.diamonds | uNiq.diamonds
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March 10, 2016, 10:04:46 PM |
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i want to share following news the bitcoin 2.0 platform that after multiple months analyzing DMD Diamond did choose to utilize will be NEM
DMD Diamond will move in 2016/2017 towards a dual blockchain solution
where DMD chain as we see it now will be the storage and stake solution
and a NEM blockchain based asset bit.diamonds:DMD will be utilized in all the business usecases we try to create for the DMD Diamond ecosystem
mainly around series of products and services around our target business area: unique crypto assets
please excuse if we cant go in details now
just following facts:
the amount of existing DMD will be always determined by the DMD native blockchain
there is no DMD coin production in the NEM chain
DMD will be moveable between both chains in both directions
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HinnomTX
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March 10, 2016, 10:32:09 PM |
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When the smoke settles, don't let the door hit you on your way out (Empty handed) . Got a big bag of DASH masternodes paying me every couple hours like a Chinese mining farm. 'Oh well, guess you lose some and win some. Long as the outcome is income.'
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"One can only solve so much with cryptography. The rest of the solution will prove to be economic in nature." -Evan Duffield Dash is Digital Cash. https://www.dash.org
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Xpedite
Sr. Member
Offline
Activity: 258
Merit: 250
DRAMA: Dumb Retards Asking More Attention
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March 10, 2016, 10:40:12 PM |
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i want to share following news the bitcoin 2.0 platform that after multiple months analyzing DMD Diamond did choose to utilize will be NEM
DMD Diamond will move in 2016/2017 towards a dual blockchain solution
where DMD chain as we see it now will be the storage and stake solution
and a NEM blockchain based asset bit.diamonds:DMD will be utilized in all the business usecases we try to create for the DMD Diamond ecosystem
mainly around series of products and services around our target business area: unique crypto assets
please excuse if we cant go in details now
just following facts:
the amount of existing DMD will be always determined by the DMD native blockchain
there is no DMD coin production in the NEM chain
DMD will be moveable between both chains in both directions
Good to hear this kind of news!
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yshin365new
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March 11, 2016, 12:10:50 AM |
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In 2014, Bitcoin market cap was more than 95% of total crypto currencies market cap. Now, Bitcoin occupies 80%, ETH occupies 10% of total crypto currencies market cap. ETH market cap is about 70 times of NEM. (ETH presale amount was about 400 times of NEM) NEM is easier than ETH and as excellent as (or more excellent than) ETH. Then, it is clear that the market cap gap between ETH and NEM will be..... I believe every NEMster knows it.
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rockethead
Legendary
Offline
Activity: 1059
Merit: 1016
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March 11, 2016, 12:40:49 AM |
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Once NEM gets onto Azure, adoption should proliferate exponentially as it will be one of the best platforms in Azure.
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NEMergizer
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March 11, 2016, 01:33:34 AM |
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I'm one of the stakeholders and I don't agree to give a chance to claim stake for people who now remember about xem when price was growing. They are not even Nemsters. They just want to get free money and leave this project. They had chance to claim stakes earlier.
I am too one of the stakeholders and I totally disagree with you. The very early stakeholders contributed in building such an amazing eco system at the very very early stage. We should support them if and only if we really can. I also do respect your decision on this issue.
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gsxrl3oi
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March 11, 2016, 01:34:24 AM |
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I got a NEM stake for free back in the day (posted in the original thread) . didn't redeem it in time. I'm gutted but I don't feel like bitching about it or blaming anyone. I didn't even rememeber about my stake untill last week when I had a look at the coinmarketcap page. "omg NEM! " (i know what helped HinnomTX magically find his lost NXT password lol) for a year or so I was inactive. there were rules and deadlines for redemtion which I didn't follow .the asset even said to keep up with the rules. fair enough. frankly seems already too lenient that they allowed redemtion for the first 3 months after genesis...you'd expect it be settled finalized before that. anyway after reading on forums that I couldn't redeem it anymore I dumped it on NXT asset exchange for a few thousand NXT (10$ or so) which then I immediately reinvested into NEM ...and now I have 10.000 NEM. just enough to move to my wallet for harvesting ! and as soon as I make more (trying to figure out this harvesting stuff) I plan to send back the NXt to that dude who probably had forgotten the buy order.
What is your NEM address.
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fob123
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March 11, 2016, 01:36:30 AM |
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i want to share following news the bitcoin 2.0 platform that after multiple months analyzing DMD Diamond did choose to utilize will be NEM
DMD Diamond will move in 2016/2017 towards a dual blockchain solution
where DMD chain as we see it now will be the storage and stake solution
and a NEM blockchain based asset bit.diamonds:DMD will be utilized in all the business usecases we try to create for the DMD Diamond ecosystem
mainly around series of products and services around our target business area: unique crypto assets
please excuse if we cant go in details now
just following facts:
the amount of existing DMD will be always determined by the DMD native blockchain
there is no DMD coin production in the NEM chain
DMD will be moveable between both chains in both directions
Is this confirmed or just a rumor? Source plz?
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