Hollowman338
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Activity: 1246
Merit: 1000
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February 27, 2015, 04:11:56 AM |
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The first post-redemption bagholder sale occured; 0.1 stake for 3700 NXT. Ouch. 
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grewalsatinder
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Activity: 186
Merit: 100
Blockchain Technology Enthusiast, IT Pro
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February 27, 2015, 04:20:29 AM |
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The first post-redemption bagholder sale occured; 0.1 stake for 3700 NXT. Ouch.  Yea, I was also looking at the Sell transaction happened... LOL..... 
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nzminer
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Activity: 1918
Merit: 1001
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February 27, 2015, 04:44:25 AM |
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And to think that the largest bagholder of NEMstake had over 800 NEMstakes!  thats ALOT of NEM! That's some nice FUD  The account with over 900 NEMstake assets is the issuing account. Wasnt trying to FUD, I redeemed my stake, i didnt realise that they still existed when redeemed, i thought they got "burned" when i sent them to that address! lol BTW... Why was it a different address than the issuing address that we had to send the stakes to for redemption?
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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makoto1337
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Activity: 1610
Merit: 1000
I am not Dorian Nakamoto.
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February 27, 2015, 04:57:06 AM |
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And to think that the largest bagholder of NEMstake had over 800 NEMstakes!  thats ALOT of NEM! That's some nice FUD  The account with over 900 NEMstake assets is the issuing account. Wasnt trying to FUD, I redeemed my stake, i didnt realise that they still existed when redeemed, i thought they got "burned" when i sent them to that address! lol BTW... Why was it a different address than the issuing address that we had to send the stakes to for redemption? UtopianFuture left after issuing the original stakes, so everything was transferred to accounts we control (was my understanding). In a way, you have to admit that it is awesome that UP didn't just run away with everything, but instead worked to transfer everything to the core team.
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nzminer
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Activity: 1918
Merit: 1001
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February 27, 2015, 05:17:50 AM |
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And to think that the largest bagholder of NEMstake had over 800 NEMstakes!  thats ALOT of NEM! That's some nice FUD  The account with over 900 NEMstake assets is the issuing account. Wasnt trying to FUD, I redeemed my stake, i didnt realise that they still existed when redeemed, i thought they got "burned" when i sent them to that address! lol BTW... Why was it a different address than the issuing address that we had to send the stakes to for redemption? UtopianFuture left after issuing the original stakes, so everything was transferred to accounts we control (was my understanding). In a way, you have to admit that it is awesome that UP didn't just run away with everything, but instead worked to transfer everything to the core team. OK, that makes sense, that was something i was concerned about initially but i thought that he handed the account over to someone else, but i guess he would have still had access so that seems logical to start a new account.
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NEM, THE SECURE, SCALABLE BLOCKCHAIN [NEM.IO] [T.ME/NEMRED]
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makoto1337
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Activity: 1610
Merit: 1000
I am not Dorian Nakamoto.
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February 27, 2015, 05:37:48 AM |
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And to think that the largest bagholder of NEMstake had over 800 NEMstakes!  thats ALOT of NEM! That's some nice FUD  The account with over 900 NEMstake assets is the issuing account. Wasnt trying to FUD, I redeemed my stake, i didnt realise that they still existed when redeemed, i thought they got "burned" when i sent them to that address! lol BTW... Why was it a different address than the issuing address that we had to send the stakes to for redemption? UtopianFuture left after issuing the original stakes, so everything was transferred to accounts we control (was my understanding). In a way, you have to admit that it is awesome that UP didn't just run away with everything, but instead worked to transfer everything to the core team. OK, that makes sense, that was something i was concerned about initially but i thought that he handed the account over to someone else, but i guess he would have still had access so that seems logical to start a new account. You got it 
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patmast3r
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February 27, 2015, 06:50:47 AM |
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So when can BTT token people redeem?
They haven been able to for months now.
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makoto1337
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Activity: 1610
Merit: 1000
I am not Dorian Nakamoto.
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February 27, 2015, 07:10:07 AM |
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So when can BTT token people redeem?
They haven been able to for months now. I think he means: when will the extended redemption period start? The answer is that it will probably start fairly soon.
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Simakki
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February 27, 2015, 08:09:40 AM |
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Are we going to see the launch in next 1-3 weeks or is it still months away?
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mixmaster
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February 27, 2015, 08:23:58 AM |
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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.  99% of the questions here are answered in the official newsletters. You all should consider reading them (at least the 3 newest or so). They aren't even long: http://nem.io/archives.htmlNewsletter #8:"It was finally decided that the number of XEM in circulation shall be 8,999,999,999 XEM. This means that for every 0.1 NEM Stake one owns (being the smallest denomination out there at the moment), one will be given 224,999.999975 XEM in the Nemesis Block. This works out perfectly as the number of decimal place in NEM is 6 decimals. So, for one NEM Stake, we are talking about 2,249,999.99975 XEM."
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grewalsatinder
Full Member
 
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Activity: 186
Merit: 100
Blockchain Technology Enthusiast, IT Pro
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February 27, 2015, 09:41:01 AM |
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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.  99% of the questions here are answered in the official newsletters. You all should consider reading them (at least the 3 newest or so). They aren't even long: http://nem.io/archives.htmlNewsletter #8:"It was finally decided that the number of XEM in circulation shall be 8,999,999,999 XEM. This means that for every 0.1 NEM Stake one owns (being the smallest denomination out there at the moment), one will be given 224,999.999975 XEM in the Nemesis Block. This works out perfectly as the number of decimal place in NEM is 6 decimals. So, for one NEM Stake, we are talking about 2,249,999.99975 XEM." Awesome! Exactly what I was looking for. Thanks @mixmaster!!..  Can you please let someone/admin from NEM forum know that people are not getting account activation email to complete account registration. This thread had around 10s of those I witnessed today morning complaining the same problem. I haven't received any verification email from NEM forum either for my several tries in last 24 hours. There's definitely some issue with NEM forum. Even when it'll be fixed, will be good to know. Cheers! 
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mixmaster
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February 27, 2015, 09:52:16 AM |
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Awesome! Exactly what I was looking for. Thanks @mixmaster!!..  Can you please let someone/admin from NEM forum know that people are not getting account activation email to complete account registration. This thread had around 10s of those I witnessed today morning complaining the same problem. I haven't received any verification email from NEM forum either for my several tries in last 24 hours. There's definitely some issue with NEM forum. Even when it'll be fixed, will be good to know. Cheers!  Youre welcome! There seems to be a problem with the mail server to send out the NEM forum notifications. We are on this. Thanks for reporting.
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grewalsatinder
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Activity: 186
Merit: 100
Blockchain Technology Enthusiast, IT Pro
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February 27, 2015, 09:54:00 AM |
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Awesome! Exactly what I was looking for. Thanks @mixmaster!!..  Can you please let someone/admin from NEM forum know that people are not getting account activation email to complete account registration. This thread had around 10s of those I witnessed today morning complaining the same problem. I haven't received any verification email from NEM forum either for my several tries in last 24 hours. There's definitely some issue with NEM forum. Even when it'll be fixed, will be good to know. Cheers!  Youre welcome! There seems to be a problem with the mail server to send out the NEM forum notifications. We are on this. Thanks for reporting. Good to know mate... Hope you or other NEM admin will inform here once it's fixed. Else, gotta try again and again activating account.
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xtester
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February 27, 2015, 10:26:24 AM |
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The thread is exploding, good things could happen in March.
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Simakki
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February 27, 2015, 10:37:11 AM |
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Which were the exchanges where NEM will be traded? Poloniex and ?
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makoto1337
Legendary
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Activity: 1610
Merit: 1000
I am not Dorian Nakamoto.
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February 27, 2015, 10:45:17 AM |
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Which were the exchanges where NEM will be traded? Poloniex and ?
As shown on nem.io: - poloniex - bittrex - btc38 
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erkki12
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February 27, 2015, 05:04:42 PM |
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Apparently people are having issues with NEM forum registrations, so in case you don't receive the registration email please send your username in pm to me and I can do the registration manually.
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starfishi
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February 27, 2015, 05:52:21 PM |
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Hey, look at that, the -8JGMG- bot is going nuts. he wants to buy the next 0.8 Nemstakes at 25,011.999999 Nxt per stake, in addition to his 0.3 stakes, on the SAE. (His owner probably forgot the password to it, and he´s burning the last Nxts in there, shit, i feel sorry for the owner . . ! ) Hilarious . .  Last chance, guys ! !
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nutildah
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February 27, 2015, 06:58:00 PM Last edit: February 27, 2015, 08:22:05 PM by nutildah |
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Are we going to see the launch in next 1-3 weeks or is it still months away?
By the lack of answer to your question, its probably months. Years possibly. I'd say there's a 20% chance the correct answer is "never."
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