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Author Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs  (Read 2985219 times)
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punkrock
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November 20, 2014, 06:08:27 PM
 #9621

I know, many people may have asked this question already. But here we go.
On Octobre 5th, I got a token through PM - no infos about what to do with it.
Now I read that I am too late to claim my stake... and I read about phase 1, 2, 3 and deadlines.

I was away for a long time and never thought it would be "too late" to get my full NEM stake.

So, please someone tell me, what I have to do to get my full stake. Thanks in advance.

You can claim after launch. Stick around and we will process you then.

Just to clarify as you did not get a straight answer. Based on the rules at the time you joined the movement you would have lost your stake for not claiming it on time. Based on the new rules, agreed by the community, you will have an extra 3 months to claim but with a penalty. If you were to claim :

- 1 month after launch you get 75% of the stake (that would be the best scenario for you right now)
- 2 months after launch you get 50%
- 3 months after 25%

I'm sure you will be disappointed about this, but you still get loads of NEM and I think you should be happy some people fought to extend the deadline as otherwise you would have been even more disappointed right now. Please check the thread at least once every 2 weeks and you should be fine claiming your 75% of the stake.

To sent the token without links and infos about claiming was bullshit. All I can say... and yeah, I am happy... lost 25%...

Anyway, thanks for your answer...
yeyo101
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November 20, 2014, 06:08:37 PM
 #9622

guys who would like to start a bartering website for our NEM. wouldn't be nice to have NEM barter for goods? This way we are constantly moving NEM around instead of just being in the exchanges. This will expose NEM even more.

You should creat the site lol
patmast3r
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November 20, 2014, 06:12:09 PM
 #9623

I know, many people may have asked this question already. But here we go.
On Octobre 5th, I got a token through PM - no infos about what to do with it.
Now I read that I am too late to claim my stake... and I read about phase 1, 2, 3 and deadlines.

I was away for a long time and never thought it would be "too late" to get my full NEM stake.

So, please someone tell me, what I have to do to get my full stake. Thanks in advance.

You can claim after launch. Stick around and we will process you then.

Just to clarify as you did not get a straight answer. Based on the rules at the time you joined the movement you would have lost your stake for not claiming it on time. Based on the new rules, agreed by the community, you will have an extra 3 months to claim but with a penalty. If you were to claim :

- 1 month after launch you get 75% of the stake (that would be the best scenario for you right now)
- 2 months after launch you get 50%
- 3 months after 25%

I'm sure you will be disappointed about this, but you still get loads of NEM and I think you should be happy some people fought to extend the deadline as otherwise you would have been even more disappointed right now. Please check the thread at least once every 2 weeks and you should be fine claiming your 75% of the stake.

To sent the token without links and infos about claiming was bullshit. All I can say... and yeah, I am happy... lost 25%...

Anyway, thanks for your answer...

there'll be an announcement but I'll just go ahead and drop it.
The penalty of 25% will be dropped. Everyone will get their full share.

Why would anyone be happy to loose Oo.

I hope this as always goes to show that we do listen to people.

punkrock
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November 20, 2014, 06:15:27 PM
 #9624

To sent the token without links and infos about claiming was bullshit. All I can say... and yeah, I am happy... lost 25%...

Anyway, thanks for your answer...

there'll be an announcement but I'll just go ahead and drop it.
The penalty of 25% will be dropped. Everyone will get their full share.

Why would anyone be happy to loose Oo.

I hope this as always goes to show that we do listen to people.

So, I will get 1,000,000 NEM (100%) of my stake when NEM is launched?
I have to claim it AFTER launch? Please confirm...

and that I'm happy... that was irony.
patmast3r
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November 20, 2014, 06:18:08 PM
 #9625

To sent the token without links and infos about claiming was bullshit. All I can say... and yeah, I am happy... lost 25%...

Anyway, thanks for your answer...

there'll be an announcement but I'll just go ahead and drop it.
The penalty of 25% will be dropped. Everyone will get their full share.

Why would anyone be happy to loose Oo.

I hope this as always goes to show that we do listen to people.

So, I will get 1,000,000 NEM (100%) of my stake when NEM is launched?
I have to claim it AFTER launch? Just to confirm...

and that I'm happy... that was irony.

Yes if you missed phase 1 (i.e. initial token registration) then you'll have to claim after launch and will receive 100% of your stake.

Do note that after launch is not indefinitely. Currently 3 months are planned.

punkrock
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November 20, 2014, 06:19:54 PM
 #9626

That's good to hear. Thanks for the info. But one last question: Why can I not claim my full stake till 22nd? Technical problem because of scripts within the token-registration-website or why?
patmast3r
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November 20, 2014, 06:28:26 PM
 #9627

That's good to hear. Thanks for the info. But one last question: Why can I not claim my full stake till 22nd? Technical problem because of scripts within the token-registration-website or why?

Yes...ish.
We split the process because we couldn't start registering addresses because that part of the code wasn't done yet (we swtiched curve quite recently) but we also didn't want to wait much longer so we started phase 1 where people can reigster their token and therefore decoupling stake from btt account.
Originally there wasn't supposed to be any extended period or anything which is why the process didn't take this into account.

martismartis
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November 20, 2014, 06:35:32 PM
 #9628

I know, many people may have asked this question already. But here we go.
On Octobre 5th, I got a token through PM - no infos about what to do with it.
Now I read that I am too late to claim my stake... and I read about phase 1, 2, 3 and deadlines.

I was away for a long time and never thought it would be "too late" to get my full NEM stake.

So, please someone tell me, what I have to do to get my full stake. Thanks in advance.

You can claim after launch. Stick around and we will process you then.

Just to clarify as you did not get a straight answer. Based on the rules at the time you joined the movement you would have lost your stake for not claiming it on time. Based on the new rules, agreed by the community, you will have an extra 3 months to claim but with a penalty. If you were to claim :

- 1 month after launch you get 75% of the stake (that would be the best scenario for you right now)
- 2 months after launch you get 50%
- 3 months after 25%

I'm sure you will be disappointed about this, but you still get loads of NEM and I think you should be happy some people fought to extend the deadline as otherwise you would have been even more disappointed right now. Please check the thread at least once every 2 weeks and you should be fine claiming your 75% of the stake.

To sent the token without links and infos about claiming was bullshit. All I can say... and yeah, I am happy... lost 25%...

Anyway, thanks for your answer...

there'll be an announcement but I'll just go ahead and drop it.
The penalty of 25% will be dropped. Everyone will get their full share.

Why would anyone be happy to loose Oo.

I hope this as always goes to show that we do listen to people.

So, deadline of 22nd of November doesn't have sense? Or it is only for BTT stakes?
evok3d
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November 20, 2014, 06:45:47 PM
 #9629

Congratulations patmast3r for making it to the voting round. You did something incredible to keep the NEM community together despite all that was thrown at you. I for for one know this to be true.

Cheers!

Twitter
https://twitter.com/ev0k3d/status/535500140585680896

Nomination Thread
https://bitcointalk.org/index.php?topic=855130.msg9604806#msg9604806


  M E   D I   A
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punkrock
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November 20, 2014, 07:31:31 PM
 #9630

I know, many people may have asked this question already. But here we go.
On Octobre 5th, I got a token through PM - no infos about what to do with it.
Now I read that I am too late to claim my stake... and I read about phase 1, 2, 3 and deadlines.

I was away for a long time and never thought it would be "too late" to get my full NEM stake.

So, please someone tell me, what I have to do to get my full stake. Thanks in advance.

You can claim after launch. Stick around and we will process you then.

Just to clarify as you did not get a straight answer. Based on the rules at the time you joined the movement you would have lost your stake for not claiming it on time. Based on the new rules, agreed by the community, you will have an extra 3 months to claim but with a penalty. If you were to claim :

- 1 month after launch you get 75% of the stake (that would be the best scenario for you right now)
- 2 months after launch you get 50%
- 3 months after 25%

I'm sure you will be disappointed about this, but you still get loads of NEM and I think you should be happy some people fought to extend the deadline as otherwise you would have been even more disappointed right now. Please check the thread at least once every 2 weeks and you should be fine claiming your 75% of the stake.

To sent the token without links and infos about claiming was bullshit. All I can say... and yeah, I am happy... lost 25%...

Anyway, thanks for your answer...

there'll be an announcement but I'll just go ahead and drop it.
The penalty of 25% will be dropped. Everyone will get their full share.

Why would anyone be happy to loose Oo.

I hope this as always goes to show that we do listen to people.

So, deadline of 22nd of November doesn't have sense? Or it is only for BTT stakes?

I bought my stake here on BTT a long long time ago. So I think the "claim your stake"-stuff till 22nd is only for those who registered their BTT-token last month.
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November 20, 2014, 07:54:18 PM
Last edit: November 20, 2014, 08:40:02 PM by spud3861
 #9631

A day in to the poi competition and my importance to the network has gone down. It's not easy trying to figure what impacts importance.

Evidently sending NEM to lots of new accounts thus reducing your primary balance has a negative impact.

TB2YQ4-H73NTI-V3UVRT-WFAJXR-BUSECT-XE4A4L-27FY
nzminer
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November 20, 2014, 08:52:56 PM
 #9632

So how many unclaimed NEMstakes ate there on the AE?
Will the rest of the unclaimed NEM be distributed among those who claimed their stakes?
I thought 22 november was for the NXT AE stakes, is this true? Because i havnt claimed my token yet.

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
pabloangello
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November 20, 2014, 09:42:58 PM
 #9633

To sent the token without links and infos about claiming was bullshit. All I can say... and yeah, I am happy... lost 25%...

Anyway, thanks for your answer...

there'll be an announcement but I'll just go ahead and drop it.
The penalty of 25% will be dropped. Everyone will get their full share.

Why would anyone be happy to loose Oo.

I hope this as always goes to show that we do listen to people.

So, I will get 1,000,000 NEM (100%) of my stake when NEM is launched?
I have to claim it AFTER launch? Just to confirm...

and that I'm happy... that was irony.

Yes if you missed phase 1 (i.e. initial token registration) then you'll have to claim after launch and will receive 100% of your stake.

Do note that after launch is not indefinitely. Currently 3 months are planned.

I am in same situation as I previously talked to patmast3r (NEM stake from BTT NEM thread). Good to know that we still be able to recieve 100% of stake.
Last time I heard that we could do it after 22 of Nov. Anything changed to that?

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November 20, 2014, 10:07:19 PM
 #9634

YOu must claim your AE stakes before 22 of November. Devs please stick to the deadline of AE stake claiming.
Some people are so inconsiderate. They know deadline is 22nd and still not Claiming their stakes yet.
psybits
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November 20, 2014, 10:11:07 PM
 #9635

YOu must claim your AE stakes before 22 of November. Devs please stick to the deadline of AE stake claiming.
Some people are so inconsiderate. They know deadline is 22nd and still not Claiming their stakes yet.

Some people are just busy with this thing that exists outside the forum called real life. I would hardly call being busy being inconsiderate - in fact if you don't care about others being able to claim a stake maybe you are the inconsiderate one?
xtester
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November 20, 2014, 10:30:09 PM
Last edit: February 13, 2015, 09:18:19 PM by xtester
 #9636

Important announcement


  • In an effort to further encourage stakeholder registration, the redemption deadline is extended to last until 29 November(30 November, 00:00 GMT).
  • Due to important improvements, bug fixes, extended testing and necessity of miltisig, official launch has been rescheduled for December.
  • After some serious reconsideration, penalties for after launch redemption have been dropped. The redemption period will also be cut down to 2 months instead of 3.
  • Starting as of Sunday we will make a series of important announcements about great things we have been preparing for NEM.  


Stay tuned. Wink

Edit: Important note: All posts regarding launch estimates are mere approximations and should be treated as such.
pabloangello
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November 20, 2014, 10:31:13 PM
 #9637

YOu must claim your AE stakes before 22 of November. Devs please stick to the deadline of AE stake claiming.
Some people are so inconsiderate. They know deadline is 22nd and still not Claiming their stakes yet.

I am not saying about AE but about people that has unclaimed stakes from Nem BTT thread few months ago.

psybits
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November 20, 2014, 10:35:05 PM
 #9638

Important announcement


  • In an effort to further encourage stakeholder registration, the redemption deadline is extended to last until 29 November(30 November, 00:00 GMT).
  • Due to important improvements, bug fixes and necessity of miltisig, official launch has been rescheduled for December.
  • After some serious reconsideration, penalties for after launch redemption have been dropped. The redemption period will also be cut down to 2 months instead of 3.
  • Starting as of Sunday we will make a series of important announcements about great things we have been preparing for NEM.  


Stay tuned. Wink

Thanks for the update can't wait to see what you have in store and I'm glad some people get a little longer to get their NEM so they don't miss out! I'm more than happy to see more people claim their stakes and for the Beta client to be more thoroughly tested before launch Wink
nzminer
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November 20, 2014, 10:41:43 PM
Last edit: November 20, 2014, 11:03:32 PM by nzminer
 #9639

What exactly is the 2 month redemption period?
If it finishes now on the 29th, what does this mean?

NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
punkrock
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November 20, 2014, 10:44:50 PM
 #9640

I am confused again because of the BTT and AE-stuff. So allow me one more question.

I bought my stake here on BTT, first quarter of 2014. I am on the final stakeholder list which was published May 10, 2014 (the document isn't available anymore).

Do I have to claim my stake AFTER launch or till 22nd Novembre?
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