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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2984377 times)
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Jaguar0625
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October 14, 2014, 01:18:42 AM
 #6441

I agree. NEM and XCurrency are my two largest holdings by far.

My top two are NEM and counterparty.

NEM - nem.io
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October 14, 2014, 01:50:26 AM
 #6442

I agree. NEM and XCurrency are my two largest holdings by far.

My top two are NEM and counterparty.

My top two are NEM and Jinn. If you count assets.

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October 14, 2014, 01:58:35 AM
 #6443

NEM and Node for me. I can't get excited about knockoffs.
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October 14, 2014, 02:09:28 AM
 #6444

How much NEM stakes are allowed for each NXT address? Are there any restrictions or limitations? Thanks.
2 stakes per nxt account. If you have more than 2 you split them up to more nxt accounts before cashing them in for real NEM. I feel like I anserwed this like 20 times  Cheesy

What a meaningless retarded requirements.  

What a rediculous statement.

It's actually a decent (and necessary) deterrent from big players buying/hording nemstake, as they'll be reluctant to spend any large amount of time distributing their stakes across a host of NXT accounts to comply. This i didn't think would need explaining unless you're one to be buying Nemstake in huge quantities yourself.

I'm personally glad the requirement stands for this very reason - as there are plenty of individuals who are into crypto with the resources to buy out Nemstake in almost any quantity they choose. Especially NXT whales. So no, it's far from "Meaningless" or retarded, as you so eloquently put.
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October 14, 2014, 02:56:00 AM
 #6445

We got the 1000th registration in.


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October 14, 2014, 05:07:12 AM
 #6446

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This is the 5th time I've asked with no response.
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October 14, 2014, 05:54:41 AM
 #6447

Nem Stake distribution is bad ass imo.

for this i have assumed all stakes are redeemed. i have also assumed that the 25% for dev stuff has been split equally 25 ways just for arguments sake adding 25 account to number of accounts and adding 1000 stakes to the 10 - 50 stake range. iv no idea whats happening with those stakes so just stuck em in.

2822 possible nxt account holders excluding dev stakes so we have only lost 188 stake holders out of 3000 initial.. that is amasing.. Smiley




some stats:

Stakes range      no. of accounts                % of                 Total Stakes     % of Stakes
                                                          all accounts            
--------------------------------------------------------------------------------------------------
0.1 - 0.4                 193                          6.78%               39.2                1%
--------------------------------------------------------------------------------------------------
0.5 - 0.9                   89                          3.13 %              54.7                1%
--------------------------------------------------------------------------------------------------
1.0 - 4.9                2519                     88.48%               2668.1             67%
--------------------------------------------------------------------------------------------------
5.0 - 9.9                12                          0.42%                 84.7                 2%
--------------------------------------------------------------------------------------------------
10.0 - 50.0            34                          1.19%               1153.3               29%
--------------------------------------------------------------------------------------------------

no compare this with nxt(cant find a pic i can copy): https://nxtblocks.info/#section/blockexplorer_distribution

amount of nxt           no. of accounts   % of accounts     total nxt              % of all nxt

0-10                                  44922       78.89%       59596.00773985              0.01%
10-100                          4010          7.04%       159677.21025917              0.02%
100-1,000                          3286          5.77%       1262328.65081496      0.13%
1,000-10,000                  2510          4.41%       8736397.06823062      0.87%
10,000-100,000                  1530          2.69%       47858828.92765824      4.79%
100,000-1,000,000           549          0.96%       166355838.50015077      16.64%
1,000,000-1,000,000,000   139          0.24%       775547357.6386226      77.55%



tbh.. i think even if there are a good few unclaimed we are still very clear into the safe zone when it comes to distribution.. :)7

this is what distribution looks like with out dev stakes.. Smiley



Not to be captain negative, because I like these numbers, but you'll want to re-run that after the 2 stakes per account people redeem and consolidate :S. Don't get me wrong, I can't imagine that will throw these charts off wildly, but some of that is skewed, I suspect, by our own requirements Wink. Some of the folks are being lazy and carrying 19 or 10 stakes around in their nxt accounts, and may or may not dump some out of lazyness around launch time, and some folks are probably cruising around with a couple different nxt accounts in the 0.1 to 2.0 range. Pure speculation. 

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October 14, 2014, 06:00:59 AM
 #6448

How much NEM stakes are allowed for each NXT address? Are there any restrictions or limitations? Thanks.
2 stakes per nxt account. If you have more than 2 you split them up to more nxt accounts before cashing them in for real NEM. I feel like I anserwed this like 20 times  Cheesy

What a meaningless retarded requirements.  

What a rediculous statement.

It's actually a decent (and necessary) deterrent from big players buying/hording nemstake, as they'll be reluctant to spend any large amount of time distributing their stakes across a host of NXT accounts to comply. This i didn't think would need explaining unless you're one to be buying Nemstake in huge quantities yourself.

I'm personally glad the requirement stands for this very reason - as there are plenty of individuals who are into crypto with the resources to buy out Nemstake in almost any quantity they choose. Especially NXT whales. So no, it's far from "Meaningless" or retarded, as you so eloquently put.

So why are you forced to divide your Stakes to several Accounts? NEMs Advance from the beginning was the good Distribution. This Advance was destroyed when going to the AE. Now there are some People with 10, 20, even 32 Stakes. (Even one with 252, but I think thats the Distribution Account, but it has no Name or Alias attached).
So everyone here is blaming nxt for its Distribution. If everyone is forced to divide his AE Stakes to several Accounts you´ll never have a real Picture about the REAL first NEM Distribution, right?

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October 14, 2014, 06:17:23 AM
 #6449

Nem Stake distribution is bad ass imo.

for this i have assumed all stakes are redeemed. i have also assumed that the 25% for dev stuff has been split equally 25 ways just for arguments sake adding 25 account to number of accounts and adding 1000 stakes to the 10 - 50 stake range. iv no idea whats happening with those stakes so just stuck em in.

2822 possible nxt account holders excluding dev stakes so we have only lost 188 stake holders out of 3000 initial.. that is amasing.. Smiley




some stats:

Stakes range      no. of accounts                % of                 Total Stakes     % of Stakes
                                                          all accounts            
--------------------------------------------------------------------------------------------------
0.1 - 0.4                 193                          6.78%               39.2                1%
--------------------------------------------------------------------------------------------------
0.5 - 0.9                   89                          3.13 %              54.7                1%
--------------------------------------------------------------------------------------------------
1.0 - 4.9                2519                     88.48%               2668.1             67%
--------------------------------------------------------------------------------------------------
5.0 - 9.9                12                          0.42%                 84.7                 2%
--------------------------------------------------------------------------------------------------
10.0 - 50.0            34                          1.19%               1153.3               29%
--------------------------------------------------------------------------------------------------

no compare this with nxt(cant find a pic i can copy): https://nxtblocks.info/#section/blockexplorer_distribution

amount of nxt           no. of accounts   % of accounts     total nxt              % of all nxt

0-10                                  44922       78.89%       59596.00773985              0.01%
10-100                          4010          7.04%       159677.21025917              0.02%
100-1,000                          3286          5.77%       1262328.65081496      0.13%
1,000-10,000                  2510          4.41%       8736397.06823062      0.87%
10,000-100,000                  1530          2.69%       47858828.92765824      4.79%
100,000-1,000,000           549          0.96%       166355838.50015077      16.64%
1,000,000-1,000,000,000   139          0.24%       775547357.6386226      77.55%



tbh.. i think even if there are a good few unclaimed we are still very clear into the safe zone when it comes to distribution.. :)7

this is what distribution looks like with out dev stakes.. Smiley




This doesn't prove any thing. I have a lot of nem stakes in different NXt accounts, but this graph won't tell you that. You would think all these are different people, but they aren't.


Nomi, Shan, Adnan, Noshi, Nxt, Adn Khn
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October 14, 2014, 06:19:11 AM
 #6450

Nem Stake distribution is bad ass imo.

for this i have assumed all stakes are redeemed. i have also assumed that the 25% for dev stuff has been split equally 25 ways just for arguments sake adding 25 account to number of accounts and adding 1000 stakes to the 10 - 50 stake range. iv no idea whats happening with those stakes so just stuck em in.

2822 possible nxt account holders excluding dev stakes so we have only lost 188 stake holders out of 3000 initial.. that is amasing.. Smiley




some stats:

Stakes range      no. of accounts                % of                 Total Stakes     % of Stakes
                                                          all accounts            
--------------------------------------------------------------------------------------------------
0.1 - 0.4                 193                          6.78%               39.2                1%
--------------------------------------------------------------------------------------------------
0.5 - 0.9                   89                          3.13 %              54.7                1%
--------------------------------------------------------------------------------------------------
1.0 - 4.9                2519                     88.48%               2668.1             67%
--------------------------------------------------------------------------------------------------
5.0 - 9.9                12                          0.42%                 84.7                 2%
--------------------------------------------------------------------------------------------------
10.0 - 50.0            34                          1.19%               1153.3               29%
--------------------------------------------------------------------------------------------------

no compare this with nxt(cant find a pic i can copy): https://nxtblocks.info/#section/blockexplorer_distribution

amount of nxt           no. of accounts   % of accounts     total nxt              % of all nxt

0-10                                  44922       78.89%       59596.00773985              0.01%
10-100                          4010          7.04%       159677.21025917              0.02%
100-1,000                          3286          5.77%       1262328.65081496      0.13%
1,000-10,000                  2510          4.41%       8736397.06823062      0.87%
10,000-100,000                  1530          2.69%       47858828.92765824      4.79%
100,000-1,000,000           549          0.96%       166355838.50015077      16.64%
1,000,000-1,000,000,000   139          0.24%       775547357.6386226      77.55%



tbh.. i think even if there are a good few unclaimed we are still very clear into the safe zone when it comes to distribution.. :)7

this is what distribution looks like with out dev stakes.. Smiley



Thanks for the post Kod, good points.
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October 14, 2014, 06:24:50 AM
 #6451

How much NEM stakes are allowed for each NXT address? Are there any restrictions or limitations? Thanks.
2 stakes per nxt account. If you have more than 2 you split them up to more nxt accounts before cashing them in for real NEM. I feel like I anserwed this like 20 times  Cheesy

What a meaningless retarded requirements.  

What a rediculous statement.

It's actually a decent (and necessary) deterrent from big players buying/hording nemstake, as they'll be reluctant to spend any large amount of time distributing their stakes across a host of NXT accounts to comply. This i didn't think would need explaining unless you're one to be buying Nemstake in huge quantities yourself.

I'm personally glad the requirement stands for this very reason - as there are plenty of individuals who are into crypto with the resources to buy out Nemstake in almost any quantity they choose. Especially NXT whales. So no, it's far from "Meaningless" or retarded, as you so eloquently put.

So why are you forced to divide your Stakes to several Accounts? NEMs Advance from the beginning was the good Distribution. This Advance was destroyed when going to the AE. Now there are some People with 10, 20, even 32 Stakes. (Even one with 252, but I think thats the Distribution Account, but it has no Name or Alias attached).
So everyone here is blaming nxt for its Distribution. If everyone is forced to divide his AE Stakes to several Accounts you´ll never have a real Picture about the REAL first NEM Distribution, right?

I think the whole idea of you must "split" your more than two stakes is so that we can  brag by claiming  we got "good distribution", even if it's achieved by artificially splitting stakes.  


There is no other logical reason to do that.

What happens if someone refuses to split their stakes that they bought?

I am betting the developers will steal those stakes too and will add them to their ever increasing "development" fund.










Nomi, Shan, Adnan, Noshi, Nxt, Adn Khn
NXT-GZYP-FMRT-FQ9K-3YQGS
https://github.com/Lafihh/encryptiontest
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October 14, 2014, 06:37:40 AM
 #6452

How much NEM stakes are allowed for each NXT address? Are there any restrictions or limitations? Thanks.
2 stakes per nxt account. If you have more than 2 you split them up to more nxt accounts before cashing them in for real NEM. I feel like I anserwed this like 20 times  Cheesy

What a meaningless retarded requirements.  

What a rediculous statement.

It's actually a decent (and necessary) deterrent from big players buying/hording nemstake, as they'll be reluctant to spend any large amount of time distributing their stakes across a host of NXT accounts to comply. This i didn't think would need explaining unless you're one to be buying Nemstake in huge quantities yourself.

I'm personally glad the requirement stands for this very reason - as there are plenty of individuals who are into crypto with the resources to buy out Nemstake in almost any quantity they choose. Especially NXT whales. So no, it's far from "Meaningless" or retarded, as you so eloquently put.

So why are you forced to divide your Stakes to several Accounts? NEMs Advance from the beginning was the good Distribution. This Advance was destroyed when going to the AE. Now there are some People with 10, 20, even 32 Stakes. (Even one with 252, but I think thats the Distribution Account, but it has no Name or Alias attached).
So everyone here is blaming nxt for its Distribution. If everyone is forced to divide his AE Stakes to several Accounts you´ll never have a real Picture about the REAL first NEM Distribution, right?

I think the whole idea of you must "split" your more than two stakes is so that we can  brag by claiming  we got "good distribution", even if it's achieved by artificially splitting stakes.  


There is no other logical reason to do that.

What happens if someone refuses to split their stakes that they bought?

I am betting the developers will steal those stakes too and will add them to their ever increasing "development" fund.











Alright, I'll give an answer to this one post. After that you're addded to my ignorelist. Are you butthurt that you beloved NXT has hard times ?

The idea behind that was to make it tedious for people to redeem large amounts of stakes without really limiting the free market. If people know they have to split up their stakes they might not buy more stakes because they are too lazy to split them up. We all know many crypto folks are lazy as fuck.
We should do anythoer analsysis after the distribution is finished. Once thing is for sure. NEMs distribution will be hell of a lot better at day 1 thatn NXTs a year after launch.

People think distribution isn't that important but it's very important. That's not an opinion that's fact. You can't depend on people to do the right thing for the ecosystem if thy can just do what's best for themselves and dump for profit. Didn't BCNext run aways because most stakeholders where to dumb to realize that ?

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October 14, 2014, 06:43:28 AM
Last edit: October 14, 2014, 07:43:57 AM by Eadeqa
 #6453


The idea behind that was to make it tedious for people to redeem large amounts of stakes without really limiting the free market. If people know they have to split up their stakes they might not buy more stakes because they are too lazy to split them up. We all know many crypto folks are lazy as fuck.

What a stupid idiotic logic. Why on earth would you want to launch a coin where you don't want people to buy it by  making it harder for them?  This is not the question of "distribution" anymore as people who bought it on AE bought  it with real money on market price.

How are you going to stop people from buying the coins after the launch if your goal is to stop people from buying too many coins?

You also ignored my question about what happens to more than 2 stakes when someone sends them to you using the same account? Are you going to confiscate/steal those stakes and add them your ever increasing "development" fund?  That would be really pathetic theft if that happens as that person bought it with real money. You will be officially a thief if you steals someone stakes by using that excuse.
 

Nomi, Shan, Adnan, Noshi, Nxt, Adn Khn
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October 14, 2014, 07:16:27 AM
 #6454

Nem Stake distribution is bad ass imo.

for this i have assumed all stakes are redeemed. i have also assumed that the 25% for dev stuff has been split equally 25 ways just for arguments sake adding 25 account to number of accounts and adding 1000 stakes to the 10 - 50 stake range. iv no idea whats happening with those stakes so just stuck em in.

2822 possible nxt account holders excluding dev stakes so we have only lost 188 stake holders out of 3000 initial.. that is amasing.. Smiley




some stats:

Stakes range      no. of accounts                % of                 Total Stakes     % of Stakes
                                                          all accounts             
--------------------------------------------------------------------------------------------------
0.1 - 0.4                 193                          6.78%               39.2                1%
--------------------------------------------------------------------------------------------------
0.5 - 0.9                   89                          3.13 %              54.7                1%
--------------------------------------------------------------------------------------------------
1.0 - 4.9                2519                     88.48%               2668.1             67%
--------------------------------------------------------------------------------------------------
5.0 - 9.9                12                          0.42%                 84.7                 2%
--------------------------------------------------------------------------------------------------
10.0 - 50.0            34                          1.19%               1153.3               29%
--------------------------------------------------------------------------------------------------

no compare this with nxt(cant find a pic i can copy): https://nxtblocks.info/#section/blockexplorer_distribution

amount of nxt           no. of accounts   % of accounts     total nxt              % of all nxt

0-10                                  44922       78.89%       59596.00773985              0.01%
10-100                          4010          7.04%       159677.21025917              0.02%
100-1,000                          3286          5.77%       1262328.65081496      0.13%
1,000-10,000                  2510          4.41%       8736397.06823062      0.87%
10,000-100,000                  1530          2.69%       47858828.92765824      4.79%
100,000-1,000,000           549          0.96%       166355838.50015077      16.64%
1,000,000-1,000,000,000   139         0.24%       775547357.6386226      77.55%



tbh.. i think even if there are a good few unclaimed we are still very clear into the safe zone when it comes to distribution.. :)7

this is what distribution looks like with out dev stakes.. Smiley




This doesn't prove any thing. I have a lot of nem stakes in different NXt accounts, but this graph won't tell you that. You would think all these are different people, but they aren't.



same with 140 nxt accounts.

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JulioCesar
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October 14, 2014, 07:26:08 AM
 #6455

Sorry for my ignorance, but i cannot find informations about. Do you have a timeline for the step 1 redemption?

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October 14, 2014, 07:40:01 AM
 #6456

Who was it that wrote only last week that as we  now approaching launch expect to see increasing FUD? The tone of posts over the last few days since redemption started has definitely changed. Once again I would to thank the developers and core team for the many hours that have put into NEM.

KC
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October 14, 2014, 07:55:51 AM
 #6457



The idea behind that was to make it tedious for people to redeem large amounts of stakes without really limiting the free market. If people know they have to split up their stakes they might not buy more stakes because they are too lazy to split them up. We all know many crypto folks are lazy as fuck.
We should do anythoer analsysis after the distribution is finished. Once thing is for sure. NEMs distribution will be hell of a lot better at day 1 thatn NXTs a year after launch.

People think distribution isn't that important but it's very important. That's not an opinion that's fact. You can't depend on people to do the right thing for the ecosystem if thy can just do what's best for themselves and dump for profit. Didn't BCNext run aways because most stakeholders where to dumb to realize that ?

If we consider the potential value of stakes compared to the tiny little effort that is required to create a few extra accounts, i really can not imagine how fcking lazy one has to be, to not to do that.  Smiley



asdlolciterquit
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October 14, 2014, 08:23:26 AM
 #6458

why the price had this huge drop in the last few days? Sad

because i made all the women leave . .   Smiley

edit: no, not all of them, only the weak hands, don´t worry.




always the same answer... and then sometimes the price will not rise back Sad

please stop quoting me, "amy" doesn´t like that, and i´m over it too . . Smiley
(no hard feelings, amy)

"asdlolciterquit", how did you come up with a name like that ? Just dislocated my tongue here . .





i have to quote you one more time, to answer your question.

Sadly i have to answer to with an other question: did you ever played some videogame online? Cheesy

my nick is a word made of 4 words: asd lol citer (cheater) quit

Allright, but that was difficult, you have to admit that !




well, i don't know. I've listen that words so many times in the past years that now for me it's quite easy.

Off course if someone read my nick and doesn't know where it come from can have some problem to read it Cheesy
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October 14, 2014, 08:33:41 AM
 #6459

Nem Stake distribution is bad ass imo.

for this i have assumed all stakes are redeemed. i have also assumed that the 25% for dev stuff has been split equally 25 ways just for arguments sake adding 25 account to number of accounts and adding 1000 stakes to the 10 - 50 stake range. iv no idea whats happening with those stakes so just stuck em in.

2822 possible nxt account holders excluding dev stakes so we have only lost 188 stake holders out of 3000 initial.. that is amasing.. Smiley




some stats:

Stakes range      no. of accounts                % of                 Total Stakes     % of Stakes
                                                          all accounts            
--------------------------------------------------------------------------------------------------
0.1 - 0.4                 193                          6.78%               39.2                1%
--------------------------------------------------------------------------------------------------
0.5 - 0.9                   89                          3.13 %              54.7                1%
--------------------------------------------------------------------------------------------------
1.0 - 4.9                2519                     88.48%               2668.1             67%
--------------------------------------------------------------------------------------------------
5.0 - 9.9                12                          0.42%                 84.7                 2%
--------------------------------------------------------------------------------------------------
10.0 - 50.0            34                          1.19%               1153.3               29%
--------------------------------------------------------------------------------------------------

no compare this with nxt(cant find a pic i can copy): https://nxtblocks.info/#section/blockexplorer_distribution

amount of nxt           no. of accounts   % of accounts     total nxt              % of all nxt

0-10                                  44922       78.89%       59596.00773985              0.01%
10-100                          4010          7.04%       159677.21025917              0.02%
100-1,000                          3286          5.77%       1262328.65081496      0.13%
1,000-10,000                  2510          4.41%       8736397.06823062      0.87%
10,000-100,000                  1530          2.69%       47858828.92765824      4.79%
100,000-1,000,000           549          0.96%       166355838.50015077      16.64%
1,000,000-1,000,000,000   139          0.24%       775547357.6386226      77.55%



tbh.. i think even if there are a good few unclaimed we are still very clear into the safe zone when it comes to distribution.. :)7

this is what distribution looks like with out dev stakes.. Smiley



Not to be captain negative, because I like these numbers, but you'll want to re-run that after the 2 stakes per account people redeem and consolidate :S. Don't get me wrong, I can't imagine that will throw these charts off wildly, but some of that is skewed, I suspect, by our own requirements Wink. Some of the folks are being lazy and carrying 19 or 10 stakes around in their nxt accounts, and may or may not dump some out of lazyness around launch time, and some folks are probably cruising around with a couple different nxt accounts in the 0.1 to 2.0 range. Pure speculation. 

That's a completely valid point. At this point Kody is doing the best he can trying to graph distribution, but really this needs to be done after launch.

When it's done then, we can get a real feel for the distribution.

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October 14, 2014, 08:35:47 AM
 #6460

Who was it that wrote only last week that as we  now approaching launch expect to see increasing FUD? The tone of posts over the last few days since redemption started has definitely changed. Once again I would to thank the developers and core team for the many hours that have put into NEM.

KC

Other people said there wouldn't be that much FUD and I argued there will always be FUD. I think it'll get more serious than this too.

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