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Topic: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs - page 1587. (Read 2985369 times)

sr. member
Activity: 332
Merit: 250
https://bitcointalksearch.org/topic/m.7279112

Quote from: UtopianFuture

In this statement will try to address three issues: One is on NEM distributional idea which I don't think many people understand even with many many pages and words have been poured on the issue so far. Secondly, I will address the issue of my personal conduct and the last issue is about what will be the future of NEM and UtopianFuture.

NEM distributional idea is best understood in this summary written in the Development Contract.

"The purpose of the stakeholder community distribution round  is to spread the majority of NEM evenly and to many stakeholders as long as the logistics allows. The goal is to build a big and decentralized community that can support NEM's exsitence and operation as a decentralized network"

IMO, the distribution round was a success. We are now having a big and passionate group of developers and helpers that share the same goal and a sense of solidarity. That's very important because they will be shaping the future of NEM with or without me.

The spread of the distribution round  was excellent as you can see in the population statistics. The number does not lie and we can show that to any detractors.  

I failed in my personal conduct and not adhere to the rules I set myself. If you are familiar with American politics, now I have the Eliot Spitzer or Anthony Weiner problem.

I had a few sockpuppet accounts but I have no intention of cashing out any of them. I did not write down the sock accounts (using an arbitrary password that I can't remember) neither and plan to donate the fees for the development fund. I created sock accounts to keep the thread at a high demand when we have few supporters. Ghosthouse is the only account I kept using more so that I can use it sometimes to cheer up NEM threads.

It is what it is. I apologize to my core team members, to all NEM supporting developers and helpers for this issue. I will step down from now on.

The task of maintaining NEM stakeholder list will be transfered to Patmast3r. He has been sharing the access to the file with me for quite sometimes. NEMtoken account will be passed to Pastmast3r as well.

NEM Twitter account will be transfered to Makoto and he could pass on to the most suitable person.

NEM development fund accounts will be fully transfered to Jaguar0625, Gimre and Thies1965.

Ournem website will be transfered to the core team as well.

Update and Discussion and Refunds threads will be closed after new threads with similar functions can be made up.

All press contacts will be passed to the core team so that they can find an appropriate person for the job.

I resign from all leading function within NEM and this will be the last post of UtopianFuture.

sr. member
Activity: 332
Merit: 250
NXT = unfair distribution
NEM = fair distribution

do you remember utopianfuture?

So funny Story
legendary
Activity: 1568
Merit: 1002
im sorry but i think these last days have given me a brain haemorrhage....

Hey...  you forgot to list that the beta client doesn't work...  lol   Cheesy

fixed Cheesy

i wanted to add so many other things but i felt i must restrain myself.. lol
full member
Activity: 127
Merit: 100
What is NEMdroid?
hero member
Activity: 497
Merit: 501
"what about investors(who havnt been online in 6 months)"..

"people who are sick or afk for 6 weeks"..

"what to do with unclaimed"..

"lets vote on stuff thats already voted on"..

"what the fuck is nem" < got that in pm from someone who received a token..

"3-5 people getting 50%"

"40% going to devs"

im sorry but i think these last days have given me a brain haemorrhage....



Hahah yes,

But everyone has to be patient end empathic. Because everything you say now can be used later against you and against NEM.

NXT still suffers from the 'unfair distribution' story for example.

The truth is it doesn't matter what we do. People will come and say it was unfair we didn't give them enough time and we hare literally Hitler. It's frustrating but that how btt works. Time to leave btt and completely communicate over forum.nemcoin.com.

More emphasis on this. Given the stage of development i think we should've moved a while ago. I think devs need to prioritize questions and posts there moreso than here to encourage migration.

I think it's also important to frequently announce pages where news is placed - nem forum stickies, http://news.nemcoin.com/ and other such sites are critically important. Heck maybe it's worthwhile having it in a signature.

But yes, i do find it rather ironic that people complain of NEM's distribution or redemption limit yet seem to turn a complete blind eye to NXT - the fact that many in the NXT camp have the audacity to complain regarding NEM just blows my mind, when NXT was substantially worse in this regard.

What is true is this was never going to be easy, especially when there will be people intentionally trying to discredit or sabotage the process. It's just the way it's going to be. With this in mind, it's better to have a limit on the redemption because the longer it goes on, the longer it will be scrutinized and exploited. Given the adjustments already made, the votes and the open discussions, it's apparent to me the devs have been more than fair. Any more then they'll just be doormats and it'll ruin NEM.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
What is wise. Sell a NEMstake or redeem it?

How much NXT will it be worth after launch?  Tongue

If I knew things like this, I would have been a millionaire until now!!  Cheesy

Now seriously, when the AE stakes went close to 50k NXT I asked myself the same question. After thinking, I came to a conclusion that if I sold it, I would have made a small profit. Having 3 BTC isn't that bad, but what will this really change in my life. On the other side, keeping a NEMStake can give me much more gains in the future.

I am willing to take a risk!! If we go to 1000 satoshis in the future, which isn't that much, that would be 10 BTC profit. Indeed, we could go to 5000 satoshis but we might also go to a 100 satoshis, you never know.

Keep in mind that the current valuation looking at the NEMstake price is 266 satoshis per 1 NEM.

If it is 266 satoshi per 1 NEM; I will redeem it. Because I believe it will be more than 1000 satoshis.

I also think there should be no problem reaching 1000 satoshis, even at the launch..
full member
Activity: 175
Merit: 100
"what about investors(who havnt been online in 6 months)"..

"people who are sick or afk for 6 weeks"..

"what to do with unclaimed"..

"lets vote on stuff thats already voted on"..

"what the fuck is nem" < got that in pm from someone who received a token..

"3-5 people getting 50%"

"40% going to devs"

im sorry but i think these last days have given me a brain haemorrhage....



Yep, i want to know too: what happens, when i fart beeing in my NEM-suit, on the way to the moon ? ? Smiley

I admire your patience . .

full member
Activity: 127
Merit: 100
Your Neminencies,

I grinded my NEMstake and baked a NEMcake.

At least you know it is not a faking NEM that you are trying to NEMmake and NEMbake. You can also feed 'em to those grand kids of yours. Make sure you feed 'em well and your grand kids will make 'em grow in inside of 'em. Wink



At last a meaningful comment - and pls name my grand kids (Bennet and Jonathan - 6 weeks).
legendary
Activity: 1059
Merit: 1016
Your Neminencies,

I grinded my NEMstake and baked a NEMcake.

At least you know it is not a faking NEM that you are trying to NEMmake and NEMbake. You can also feed 'em to those grand kids of yours. Make sure you feed 'em well and your grand kids will make 'em grow in inside of 'em. Wink

full member
Activity: 235
Merit: 110
HAVUJA PERKELE!
I have btt token registered and nxtEA stake transformed/sent, got real nem adress
starting with N and i have private key, now what? Should i do something tomorrow, if not, when?

Whaat?


you dont need to do anything with the asset exchange again if you have sent off your stake along with an address and saved the private key.

for btt stake you will need to enter the token you used to register and an address  into another portal and once you have done that you wont need to do anything else. i think the portal will be out tomorrow or the day after.

Cool, sometimes is just bit difficult to find correct information from this huge sandbox ; )
full member
Activity: 127
Merit: 100
Your Neminencies,

I grinded my NEMstake and baked a NEMcake.
legendary
Activity: 1568
Merit: 1002
"what about investors(who havnt been online in 6 months)"..

"people who are sick or afk for 6 weeks"..

"what to do with unclaimed"..

"lets vote on stuff thats already voted on"..

"what the fuck is nem" < got that in pm from someone who received a token..

"3-5 people getting 50%"

"40% going to devs"

im sorry but i think these last days have given me a brain haemorrhage....



Hahah yes,

But everyone has to be patient end empathic. Because everything you say now can be used later against you and against NEM.

NXT still suffers from the 'unfair distribution' story for example.

ha i know its just frustrating to see the same argument 4 times in a week and then again the following week lol i know this is just a phase that nem has to go through.. once we launch i think it will be clear sailing..

@pat ya i was looking through forum.nemcoin this morning and while btt and nemthread on nxt are in the middle of heated debates.. everyone on the nem forum is cool as ice and not a single mention of all the crap going on outside.. Smiley
hero member
Activity: 980
Merit: 1001
"what about investors(who havnt been online in 6 months)"..

"people who are sick or afk for 6 weeks"..

"what to do with unclaimed"..

"lets vote on stuff thats already voted on"..

"what the fuck is nem" < got that in pm from someone who received a token..

"3-5 people getting 50%"

"40% going to devs"

im sorry but i think these last days have given me a brain haemorrhage....



Hahah yes,

But everyone has to be patient end empathic. Because everything you say now can be used later against you and against NEM.

NXT still suffers from the 'unfair distribution' story for example.

The truth is it doesn't matter what we do. People will come and say it was unfair we didn't give them enough time and we hare literally Hitler. It's frustrating but that how btt works. Time to leave btt and completely communicate over forum.nemcoin.com.
full member
Activity: 232
Merit: 100
"what about investors(who havnt been online in 6 months)"..

"people who are sick or afk for 6 weeks"..

"what to do with unclaimed"..

"lets vote on stuff thats already voted on"..

"what the fuck is nem" < got that in pm from someone who received a token..

"3-5 people getting 50%"

"40% going to devs"

im sorry but i think these last days have given me a brain haemorrhage....



Hahah yes,

But everyone has to be patient end empathic. Because everything you say now can be used later against you and against NEM.

NXT still suffers from the 'unfair distribution' story for example.
legendary
Activity: 1568
Merit: 1002
I have btt token registered and nxtEA stake transformed/sent, got real nem adress
starting with N and i have private key, now what? Should i do something tomorrow, if not, when?

Whaat?


you dont need to do anything with the asset exchange again if you have sent off your stake along with an address and saved the private key.

for btt stake you will need to enter the token you used to register and an address  into another portal and once you have done that you wont need to do anything else. i think the portal will be out tomorrow or the day after.
legendary
Activity: 1568
Merit: 1002
"what about investors(who havnt been online in 6 months)"..

"people who are sick or afk for 6 weeks"..

"what to do with unclaimed"..

"lets vote on stuff thats already voted on"..

"what the fuck is nem" < got that in pm from someone who received a token..

"3-5 people getting 50%"

"40% going to devs"

"beta doesnt work"

im sorry but i think these last days have given me a brain haemorrhage....

legendary
Activity: 1596
Merit: 1000
I am not Dorian Nakamoto.
When final will be launch of nem coin??

Once features for launch are all complete and the client and network are stable.
So, in a few weeks.
legendary
Activity: 2408
Merit: 1004
When final will be launch of nem coin??
full member
Activity: 235
Merit: 110
HAVUJA PERKELE!
I have btt token registered and nxtEA stake transformed/sent, got real nem adress
starting with N and i have private key, now what? Should i do something tomorrow, if not, when?

Whaat?
full member
Activity: 232
Merit: 100
What is wise. Sell a NEMstake or redeem it?

How much NXT will it be worth after launch?  Tongue

If I knew things like this, I would have been a millionaire until now!!  Cheesy

Now seriously, when the AE stakes went close to 50k NXT I asked myself the same question. After thinking, I came to a conclusion that if I sold it, I would have made a small profit. Having 3 BTC isn't that bad, but what will this really change in my life. On the other side, keeping a NEMStake can give me much more gains in the future.

I am willing to take a risk!! If we go to 1000 satoshis in the future, which isn't that much, that would be 10 BTC profit. Indeed, we could go to 5000 satoshis but we might also go to a 100 satoshis, you never know.

Keep in mind that the current valuation looking at the NEMstake price is 266 satoshis per 1 NEM.

If it is 266 satoshi per 1 NEM; I will redeem it. Because I believe it will be more than 1000 satoshis.
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