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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1378. (Read 2985503 times)

full member
Activity: 186
Merit: 100
Blockchain Technology Enthusiast, IT Pro
The first post-redemption bagholder sale occured; 0.1 stake for 3700 NXT.

Ouch.  Cheesy

Yea, I was also looking at the Sell transaction happened... LOL..... Cheesy
legendary
Activity: 1246
Merit: 1000
The first post-redemption bagholder sale occured; 0.1 stake for 3700 NXT.

Ouch.  Cheesy
hero member
Activity: 784
Merit: 502


1 NEMstake is 1/4000 of all XEM. There are 8,999,999,999 XEM, so 1 stake is (8,999,999,999/4000=) 2,249,999.99975 XEM  Smiley
[/quote]

Thanks  for clearing that up
hero member
Activity: 519
Merit: 500
So when can BTT token people redeem?
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
And to think that the largest bagholder of NEMstake had over 800 NEMstakes!  Shocked

thats ALOT of NEM!

That's some nice FUD Smiley
The account with over 900 NEMstake assets is the issuing account.

Says 946 nemstakes in the issuing account. Now the deadline has ended, does that mean the remaining 54 nemstakes on NXT AE have not been redeemed? If so, what happens to that XEM?

Yes, those have not been redeemed and will be used according to these guidelines for sock and unclaimed stakes:

https://forum.nemcoin.com/general-discussion/proposed-usage-for-unclaimed-socks/msg13351/#msg13351
sr. member
Activity: 289
Merit: 250
And to think that the largest bagholder of NEMstake had over 800 NEMstakes!  Shocked

thats ALOT of NEM!

That's some nice FUD Smiley
The account with over 900 NEMstake assets is the issuing account.

Says 946 nemstakes in the issuing account. Now the deadline has ended, does that mean the remaining 54 nemstakes on NXT AE have not been redeemed? If so, what happens to that XEM?
legendary
Activity: 1218
Merit: 1004
And to think that the largest bagholder of NEMstake had over 800 NEMstakes!  Shocked

thats ALOT of NEM!
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
And to think that the largest bagholder of NEMstake had over 800 NEMstakes!  Shocked

thats ALOT of NEM!

That's some nice FUD Smiley
The account with over 900 NEMstake assets is the issuing account.
legendary
Activity: 1918
Merit: 1001
And to think that the largest bagholder of NEMstake had over 800 NEMstakes!  Shocked

thats ALOT of NEM!
sr. member
Activity: 289
Merit: 250
I gotta admit, I myself was very very late party joiner. I just joined last night. Cheesy

Still not totally sure how much 0.1 NEMstake worth (0.1 NEMstake = XEM/NEM ??) accurately, but would definitely be worth much more when it'll be traded on Exchanges Wink

1 NEMstake is worth 2,250,000 NEM.
0.1 NEMstake is worth 225,000 NEM. Smiley

Well 1 nemstake = 1,000,000 XEM so 0.1 nemstake = 100,000 XEM

My feeling suggests that 100,000 XEM can't be worth less than $120 USD. That would be like saying, buying 25,000 NXT for 0.5 BTC (~$120) right now. At current prices you would need 1.3 BTC to get 25,000 NXT (~$310).

Hypothetically, if 1 XEM = 1NXT (accounting for the 1/4 NXT/XEM supply ratio) than 0.1 nemstake would be 1.3 BTC. 

It was once true that 1 NEMstake would equal exactly 1 million NEM. This was back when there were only going to be 4 billion coins. However, the coin supply was recently changed to 9 billion NEM. This represents a x2.25 increase hence a single NEMstake now represents 2.25 million NEM.



hmmm.... I got reply of my query on NXTForum like this:

That's why I'm not so sure....  Cheesy Cheesy

Today is the deadline to redeem your NEMstake assets. It won't be extended, so get those in!

Join the nemolution Smiley

How much NEM will be given for 0.2 NEMstake?
200000 xem for 0.2 nem stake.

Not correct, it will be 500000 for 0.2 nemstake.

Both are incorrect, although the second figure of 500,000 is very close. In actual fact, 0.2 NEMstake now represents 450,000 NEM.

Can a DEV confirm? I guess I missed the memo.

1 NEMstake is 1/4000 of all XEM. There are 8,999,999,999 XEM, so 1 stake is (8,999,999,999/4000=) 2,249,999.99975 XEM  Smiley

Thanks  Smiley
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
I gotta admit, I myself was very very late party joiner. I just joined last night. Cheesy

Still not totally sure how much 0.1 NEMstake worth (0.1 NEMstake = XEM/NEM ??) accurately, but would definitely be worth much more when it'll be traded on Exchanges Wink

1 NEMstake is worth 2,250,000 NEM.
0.1 NEMstake is worth 225,000 NEM. Smiley

Well 1 nemstake = 1,000,000 XEM so 0.1 nemstake = 100,000 XEM

My feeling suggests that 100,000 XEM can't be worth less than $120 USD. That would be like saying, buying 25,000 NXT for 0.5 BTC (~$120) right now. At current prices you would need 1.3 BTC to get 25,000 NXT (~$310).

Hypothetically, if 1 XEM = 1NXT (accounting for the 1/4 NXT/XEM supply ratio) than 0.1 nemstake would be 1.3 BTC. 

It was once true that 1 NEMstake would equal exactly 1 million NEM. This was back when there were only going to be 4 billion coins. However, the coin supply was recently changed to 9 billion NEM. This represents a x2.25 increase hence a single NEMstake now represents 2.25 million NEM.



hmmm.... I got reply of my query on NXTForum like this:

That's why I'm not so sure....  Cheesy Cheesy

Today is the deadline to redeem your NEMstake assets. It won't be extended, so get those in!

Join the nemolution Smiley

How much NEM will be given for 0.2 NEMstake?
200000 xem for 0.2 nem stake.

Not correct, it will be 500000 for 0.2 nemstake.

Both are incorrect, although the second figure of 500,000 is very close. In actual fact, 0.2 NEMstake now represents 450,000 NEM.

Can a DEV confirm? I guess I missed the memo.

1 NEMstake is 1/4000 of all XEM. There are 8,999,999,999 XEM, so 1 stake is (8,999,999,999/4000=) 2,249,999.99975 XEM  Smiley
sr. member
Activity: 289
Merit: 250
I gotta admit, I myself was very very late party joiner. I just joined last night. Cheesy

Still not totally sure how much 0.1 NEMstake worth (0.1 NEMstake = XEM/NEM ??) accurately, but would definitely be worth much more when it'll be traded on Exchanges Wink

1 NEMstake is worth 2,250,000 NEM.
0.1 NEMstake is worth 225,000 NEM. Smiley

Well 1 nemstake = 1,000,000 XEM so 0.1 nemstake = 100,000 XEM

My feeling suggests that 100,000 XEM can't be worth less than $120 USD. That would be like saying, buying 25,000 NXT for 0.5 BTC (~$120) right now. At current prices you would need 1.3 BTC to get 25,000 NXT (~$310).

Hypothetically, if 1 XEM = 1NXT (accounting for the 1/4 NXT/XEM supply ratio) than 0.1 nemstake would be 1.3 BTC. 

It was once true that 1 NEMstake would equal exactly 1 million NEM. This was back when there were only going to be 4 billion coins. However, the coin supply was recently changed to 9 billion NEM. This represents a x2.25 increase hence a single NEMstake now represents 2.25 million NEM.



hmmm.... I got reply of my query on NXTForum like this:

That's why I'm not so sure....  Cheesy Cheesy

Today is the deadline to redeem your NEMstake assets. It won't be extended, so get those in!

Join the nemolution Smiley

How much NEM will be given for 0.2 NEMstake?
200000 xem for 0.2 nem stake.

Not correct, it will be 500000 for 0.2 nemstake.

Both are incorrect, although the second figure of 500,000 is very close. In actual fact, 0.2 NEMstake now represents 450,000 NEM.

Can a DEV confirm? I guess I missed the memo.
full member
Activity: 186
Merit: 100
Blockchain Technology Enthusiast, IT Pro
I gotta admit, I myself was very very late party joiner. I just joined last night. Cheesy

Still not totally sure how much 0.1 NEMstake worth (0.1 NEMstake = XEM/NEM ??) accurately, but would definitely be worth much more when it'll be traded on Exchanges Wink

1 NEMstake is worth 2,250,000 NEM.
0.1 NEMstake is worth 225,000 NEM. Smiley

Well 1 nemstake = 1,000,000 XEM so 0.1 nemstake = 100,000 XEM

My feeling suggests that 100,000 XEM can't be worth less than $120 USD. That would be like saying, buying 25,000 NXT for 0.5 BTC (~$120) right now. At current prices you would need 1.3 BTC to get 25,000 NXT (~$310).

Hypothetically, if 1 XEM = 1NXT (accounting for the 1/4 NXT/XEM supply ratio) than 0.1 nemstake would be 1.3 BTC. 

It was once true that 1 NEMstake would equal exactly 1 million NEM. This was back when there were only going to be 4 billion coins. However, the coin supply was recently changed to 9 billion NEM. This represents a x2.25 increase hence a single NEMstake now represents 2.25 million NEM.

hmmm.... I got reply of my query on NXTForum like this:

That's why I'm not so sure....  Cheesy Cheesy

Today is the deadline to redeem your NEMstake assets. It won't be extended, so get those in!

Join the nemolution Smiley

How much NEM will be given for 0.2 NEMstake?
200000 xem for 0.2 nem stake.

Not correct, it will be 500000 for 0.2 nemstake.

Both are incorrect, although the second figure of 500,000 is very close. In actual fact, 0.2 NEMstake now represents 450,000 NEM.

Good to know! Smiley

Is there any official thread of this or any official message or document stating how it's being divided? I think that will seal the accuracy part. Wink

As per your calculations given, seems I might have then 0.6 NEMstakes = 1,350,000.
Not too bad. Hope NEM will be equal or more than NXT. Smiley
I actually admire all of them (BitCoin, NXT, Ethereum, and now NEM)....  Cheesy

Also, if any of you may know somebody who could help activating my NEM forum account? I'm not getting activation key for my account registration... Tongue

Cheers! Smiley
sr. member
Activity: 406
Merit: 250
I gotta admit, I myself was very very late party joiner. I just joined last night. Cheesy

Still not totally sure how much 0.1 NEMstake worth (0.1 NEMstake = XEM/NEM ??) accurately, but would definitely be worth much more when it'll be traded on Exchanges Wink

1 NEMstake is worth 2,250,000 NEM.
0.1 NEMstake is worth 225,000 NEM. Smiley

Well 1 nemstake = 1,000,000 XEM so 0.1 nemstake = 100,000 XEM

My feeling suggests that 100,000 XEM can't be worth less than $120 USD. That would be like saying, buying 25,000 NXT for 0.5 BTC (~$120) right now. At current prices you would need 1.3 BTC to get 25,000 NXT (~$310).

Hypothetically, if 1 XEM = 1NXT (accounting for the 1/4 NXT/XEM supply ratio) than 0.1 nemstake would be 1.3 BTC. 

It was once true that 1 NEMstake would equal exactly 1 million NEM. This was back when there were only going to be 4 billion coins. However, the coin supply was recently changed to 9 billion NEM. This represents a x2.25 increase hence a single NEMstake now represents 2.25 million NEM.

hmmm.... I got reply of my query on NXTForum like this:

That's why I'm not so sure....  Cheesy Cheesy

Today is the deadline to redeem your NEMstake assets. It won't be extended, so get those in!

Join the nemolution Smiley

How much NEM will be given for 0.2 NEMstake?
200000 xem for 0.2 nem stake.

Not correct, it will be 500000 for 0.2 nemstake.

Both are incorrect, although the second figure of 500,000 is very close. In actual fact, 0.2 NEMstake now represents 450,000 NEM.
sr. member
Activity: 315
Merit: 250
  NEMstake on the AE is finished.  Multisig is finished.  I feel like launch is calling me.

massage anyone. lol *not from me ofcourse*
legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
shit happened Smiley
I slept accidentally and my transaction of redeem was 23:56, but block passed 00:03. Am I screwed?

EDIT: seems I was in time Smiley https://nxtblocks.info/#section/accountId/NXT-97MX-EWKV-CGKX-DA5WH

Was you NXT account ID named Martis?

Yes Smiley

Cheesy How long were you gonna keep the last 0.1 NEMstake on NXT AE for sale? I mean you were cutting it close.

I took a nap 4 hour before deadline and had order for selling 0.1 of nemstake. It was bought at 23:51. Then, I don't know how, I wake up on 23:54 and my pants became wet, when I saw the time Smiley That was fastest transaction I ever made Smiley

I bet LOL Cheesy BTW I was the buyer of your 0.1 nemstake LOL

Cheers to you! You bought my 9500 NXT 0.1 NEMstake!!... Cheesy

Seems you joined the party very late, and end up buy it expensive??

I bought the majority of my nemstake at a much lower price months before today. I bought the last 0.2 nemstake for about 0.84 BTC. I think it was a good buy even at that price. Think about it, in 6 months time, do you think you buy 100,000 XEM on an exchange for $120 USD. I just can't see it.

I gotta admit, I myself was very very late party joiner. I just joined last night. Cheesy

Still not totally sure how much 0.1 NEMstake worth (0.1 NEMstake = XEM/NEM ??) accurately, but would definitely be worth much more when it'll be traded on Exchanges Wink

Well 1 nemstake = 1,000,000 XEM so 0.1 nemstake = 100,000 XEM
nope. 1 nemstake 2.249.000 xem.





hmmm.... I got reply of my query on NXTForum like this:

That's why I'm not so sure....  Cheesy Cheesy




Today is the deadline to redeem your NEMstake assets. It won't be extended, so get those in!

Join the nemolution Smiley

How much NEM will be given for 0.2 NEMstake?
200000 xem for 0.2 nem stake.

Not correct, it will be 500000 for 0.2 nemstake.

The total number of XEM was raised from 4 billion XEM to 8,999,999,999 XEM, so all stakes were linearly scaled Smiley
full member
Activity: 186
Merit: 100
Blockchain Technology Enthusiast, IT Pro
shit happened Smiley
I slept accidentally and my transaction of redeem was 23:56, but block passed 00:03. Am I screwed?

EDIT: seems I was in time Smiley https://nxtblocks.info/#section/accountId/NXT-97MX-EWKV-CGKX-DA5WH

Was you NXT account ID named Martis?

Yes Smiley

Cheesy How long were you gonna keep the last 0.1 NEMstake on NXT AE for sale? I mean you were cutting it close.

I took a nap 4 hour before deadline and had order for selling 0.1 of nemstake. It was bought at 23:51. Then, I don't know how, I wake up on 23:54 and my pants became wet, when I saw the time Smiley That was fastest transaction I ever made Smiley

I bet LOL Cheesy BTW I was the buyer of your 0.1 nemstake LOL

Cheers to you! You bought my 9500 NXT 0.1 NEMstake!!... Cheesy

Seems you joined the party very late, and end up buy it expensive??

I bought the majority of my nemstake at a much lower price months before today. I bought the last 0.2 nemstake for about 0.84 BTC. I think it was a good buy even at that price. Think about it, in 6 months time, do you think you buy 100,000 XEM on an exchange for $120 USD. I just can't see it.

I gotta admit, I myself was very very late party joiner. I just joined last night. Cheesy

Still not totally sure how much 0.1 NEMstake worth (0.1 NEMstake = XEM/NEM ??) accurately, but would definitely be worth much more when it'll be traded on Exchanges Wink

Well 1 nemstake = 1,000,000 XEM so 0.1 nemstake = 100,000 XEM
nope. 1 nemstake 2.249.000 xem.





hmmm.... I got reply of my query on NXTForum like this:

That's why I'm not so sure....  Cheesy Cheesy




Today is the deadline to redeem your NEMstake assets. It won't be extended, so get those in!

Join the nemolution Smiley

How much NEM will be given for 0.2 NEMstake?
200000 xem for 0.2 nem stake.

Not correct, it will be 500000 for 0.2 nemstake.
legendary
Activity: 1218
Merit: 1004
shit happened Smiley
I slept accidentally and my transaction of redeem was 23:56, but block passed 00:03. Am I screwed?

EDIT: seems I was in time Smiley https://nxtblocks.info/#section/accountId/NXT-97MX-EWKV-CGKX-DA5WH

Was you NXT account ID named Martis?

Yes Smiley

Cheesy How long were you gonna keep the last 0.1 NEMstake on NXT AE for sale? I mean you were cutting it close.

I took a nap 4 hour before deadline and had order for selling 0.1 of nemstake. It was bought at 23:51. Then, I don't know how, I wake up on 23:54 and my pants became wet, when I saw the time Smiley That was fastest transaction I ever made Smiley

I bet LOL Cheesy BTW I was the buyer of your 0.1 nemstake LOL

Cheers to you! You bought my 9500 NXT 0.1 NEMstake!!... Cheesy

Seems you joined the party very late, and end up buy it expensive??

I bought the majority of my nemstake at a much lower price months before today. I bought the last 0.2 nemstake for about 0.84 BTC. I think it was a good buy even at that price. Think about it, in 6 months time, do you think you buy 100,000 XEM on an exchange for $120 USD. I just can't see it.

I gotta admit, I myself was very very late party joiner. I just joined last night. Cheesy

Still not totally sure how much 0.1 NEMstake worth (0.1 NEMstake = XEM/NEM ??) accurately, but would definitely be worth much more when it'll be traded on Exchanges Wink

Well 1 nemstake = 1,000,000 XEM so 0.1 nemstake = 100,000 XEM
nope. 1 nemstake 2.249.000 xem.
sr. member
Activity: 289
Merit: 250
shit happened Smiley
I slept accidentally and my transaction of redeem was 23:56, but block passed 00:03. Am I screwed?

EDIT: seems I was in time Smiley https://nxtblocks.info/#section/accountId/NXT-97MX-EWKV-CGKX-DA5WH

Was you NXT account ID named Martis?

Yes Smiley

Cheesy How long were you gonna keep the last 0.1 NEMstake on NXT AE for sale? I mean you were cutting it close.

I took a nap 4 hour before deadline and had order for selling 0.1 of nemstake. It was bought at 23:51. Then, I don't know how, I wake up on 23:54 and my pants became wet, when I saw the time Smiley That was fastest transaction I ever made Smiley

I bet LOL Cheesy BTW I was the buyer of your 0.1 nemstake LOL

Cheers to you! You bought my 9500 NXT 0.1 NEMstake!!... Cheesy

Seems you joined the party very late, and end up buy it expensive??

I bought the majority of my nemstake at a much lower price months before today. I bought the last 0.2 nemstake for about 0.84 BTC. I think it was a good buy even at that price. Think about it, in 6 months time, do you think you buy 100,000 XEM on an exchange for $120 USD. I just can't see it.

I gotta admit, I myself was very very late party joiner. I just joined last night. Cheesy

Still not totally sure how much 0.1 NEMstake worth (0.1 NEMstake = XEM/NEM ??) accurately, but would definitely be worth much more when it'll be traded on Exchanges Wink

Well 1 nemstake = 1,000,000 XEM so 0.1 nemstake = 100,000 XEM

My feeling suggests that 100,000 XEM can't be worth less than $120 USD. That would be like saying, buying 25,000 NXT for 0.5 BTC (~$120) right now. At current prices you would need 1.3 BTC to get 25,000 NXT (~$310).

Hypothetically, if 1 XEM = 1NXT (accounting for the 1/4 NXT/XEM supply ratio) than 0.1 nemstake would be 1.3 BTC. 
full member
Activity: 186
Merit: 100
Blockchain Technology Enthusiast, IT Pro
shit happened Smiley
I slept accidentally and my transaction of redeem was 23:56, but block passed 00:03. Am I screwed?

EDIT: seems I was in time Smiley https://nxtblocks.info/#section/accountId/NXT-97MX-EWKV-CGKX-DA5WH

Was you NXT account ID named Martis?

Yes Smiley

Cheesy How long were you gonna keep the last 0.1 NEMstake on NXT AE for sale? I mean you were cutting it close.

I took a nap 4 hour before deadline and had order for selling 0.1 of nemstake. It was bought at 23:51. Then, I don't know how, I wake up on 23:54 and my pants became wet, when I saw the time Smiley That was fastest transaction I ever made Smiley

I bet LOL Cheesy BTW I was the buyer of your 0.1 nemstake LOL

Cheers to you! You bought my 9500 NXT 0.1 NEMstake!!... Cheesy

Seems you joined the party very late, and end up buy it expensive??

I bought the majority of my nemstake at a much lower price months before today. I bought the last 0.2 nemstake for about 0.84 BTC. I think it was a good buy even at that price. Think about it, in 6 months time, do you think you buy 100,000 XEM on an exchange for $120 USD. I just can't see it.

I gotta admit, I myself was very very late party joiner. I just joined last night. Cheesy

Still not totally sure how much 0.1 NEMstake worth (0.1 NEMstake = XEM/NEM ??) accurately, but would definitely be worth much more when it'll be traded on Exchanges Wink
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