NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs

[Chris001]

I was one of the people that got locked out of my Nxt Acct.

Pat helped me. The community helped me. Btw, I'm curious. How many are left unclaimed right now? Does anyone know?

[suky321]

People still crying about late redemption LOL  Been more than a year now...

From a cynics point of view, some of these people may not have originally believed in the currency, and then seen the recent price increase and decided it's now time to cash in.

[HinnomTX]

Starting distribution again now is only waiting to open a shitstorm from others who missed the redemption deadlines, both from the NXT assets as well as before that. It would be very inwise in my opinion.

Wait- the devs left some investors behind twice? You mean there was an expropriation of claims to assets at the time of NEMstake issuance? Ho lee fuk.
I can hear the posts being deleted now.

[rajc]

Starting distribution again now is only waiting to open a shitstorm from others who missed the redemption deadlines, both from the NXT assets as well as before that. It would be very inwise in my opinion.

Wait- the devs left some investors behind twice? You mean there was an expropriation of claims to assets at the time of NEMstake issuance? Ho lee fuk.
I can hear the posts being deleted now.

The devs did not leave anyone. Some people however missed OFFICIALLY ANNOUNCED DEADLINES, other people had some "technical" difficulties but DID NOT CARE ENOUGH to contact devs.  

[HinnomTX]

Starting distribution again now is only waiting to open a shitstorm from others who missed the redemption deadlines, both from the NXT assets as well as before that. It would be very inwise in my opinion.

Wait- the devs left some investors behind twice? You mean there was an expropriation of claims to assets at the time of NEMstake issuance? Ho lee fuk.
I can hear the posts being deleted now.

The devs did not leave anyone. Some people however missed OFFICIALLY ANNOUNCED DEADLINES, other people had some "technical" difficulties but DID NOT CARE ENOUGH to contact devs.  

Don't you get it? This is the way the scam operates. The devs have setup 'OFFICIAL RULES' and 'DEADLINES' to justify stripping away people's investments. The whole NEMstake token was just a fleecing operation on both ends. What will be the next hoop the devs make you jump through to keep your asset? You may feel OK now that you have your XEM and your blockchain, but the pattern of behavior is set. Before you know it the devs will say, 'Oh your XEM is really on testnet. Sorry but you need to convert to the real NEM over here.' But it's ok to be unethical in cyberspace, right? It's just funny money anyway. If you treat it like funny money, it will be. In the real world, you'd be fined by the SEC and ordered to make investors whole.

[LemonAndFriesOne]

Starting distribution again now is only waiting to open a shitstorm from others who missed the redemption deadlines, both from the NXT assets as well as before that. It would be very inwise in my opinion.

Wait- the devs left some investors behind twice? You mean there was an expropriation of claims to assets at the time of NEMstake issuance? Ho lee fuk.
I can hear the posts being deleted now.

The devs did not leave anyone. Some people however missed OFFICIALLY ANNOUNCED DEADLINES, other people had some "technical" difficulties but DID NOT CARE ENOUGH to contact devs.  

Don't you get it? This is the way the scam operates. The devs have setup 'OFFICIAL RULES' and 'DEADLINES' to justify stripping away people's investments. The whole NEMstake token was just a fleecing operation on both ends. What will be the next hoop the devs make you jump through to keep your asset? You may feel OK now that you have your XEM and your blockchain, but the pattern of behavior is set. Before you know it the devs will say, 'Oh your XEM is really on testnet. Sorry but you need to convert to the real NEM over here.' But it's ok to be unethical in cyberspace, right? It's just funny money anyway. If you treat it like funny money, it will be. In the real world, you'd be fined by the SEC and ordered to make investors whole.

If it's such a scam then what are you doing here? Just turn away and don't look back, after all it's just "funny money".

Your argument does not make logical sense, I and probably a few others were trying to make a case for you and others in your situation. Not anymore, NEM should continue business as usual.

[wosch76]

now to something totally different

found this list, which was posted in january 2015 (link below).
https://asktom.cf/index.php?topic=654845.msg10075681#msg10075681
where are we now with these features/projects labeled as "in development"?
Is there an official list about that or can you update the list makoto?
I'm specially interested in that hardware wallet thing.
is someone still developing a hardware wallet and is it based on an existing solution with special firmware?
thank you

[gentlemand]

I paid attention to what they were saying. As a result of that I wound up with what I was allocated. That's not very scammy.

I dunno how the thinking went but I think provision should have been made for those who didn't pull their fingers out. You're not going to get a very favourable response screaming scam though.

[HinnomTX]

Starting distribution again now is only waiting to open a shitstorm from others who missed the redemption deadlines, both from the NXT assets as well as before that. It would be very inwise in my opinion.

Wait- the devs left some investors behind twice? You mean there was an expropriation of claims to assets at the time of NEMstake issuance? Ho lee fuk.
I can hear the posts being deleted now.

The devs did not leave anyone. Some people however missed OFFICIALLY ANNOUNCED DEADLINES, other people had some "technical" difficulties but DID NOT CARE ENOUGH to contact devs.  

Don't you get it? This is the way the scam operates. The devs have setup 'OFFICIAL RULES' and 'DEADLINES' to justify stripping away people's investments. The whole NEMstake token was just a fleecing operation on both ends. What will be the next hoop the devs make you jump through to keep your asset? You may feel OK now that you have your XEM and your blockchain, but the pattern of behavior is set. Before you know it the devs will say, 'Oh your XEM is really on testnet. Sorry but you need to convert to the real NEM over here.' But it's ok to be unethical in cyberspace, right? It's just funny money anyway. If you treat it like funny money, it will be. In the real world, you'd be fined by the SEC and ordered to make investors whole.

If it's such a scam then what are you doing here? Just turn away and don't look back, after all it's just "funny money".

Your argument does not make logical sense, I and probably a few others were trying to make a case for you and others in your situation. Not anymore, NEM should continue business as usual.

Yep, the truth is coming out now. In the real world, your 'seed' and 'A round' investors provide the capital formation. They go in knowing they may get diluted down the road, but they invest with reasonable confidence that if they lose it all, it's because of a failure of execution from the people they hired. Here, the people you're hiring are prone to embezzling funds from the investors at opportune moments, because they are operating unchecked in cyber space. It's all 'funny money' because the equity that your A round investors bought, which should be treated with respect, has been expropriated and misappropriated at the whims of developers and even the community.

[LemonAndFriesOne]

Starting distribution again now is only waiting to open a shitstorm from others who missed the redemption deadlines, both from the NXT assets as well as before that. It would be very inwise in my opinion.

Wait- the devs left some investors behind twice? You mean there was an expropriation of claims to assets at the time of NEMstake issuance? Ho lee fuk.
I can hear the posts being deleted now.

The devs did not leave anyone. Some people however missed OFFICIALLY ANNOUNCED DEADLINES, other people had some "technical" difficulties but DID NOT CARE ENOUGH to contact devs.  

Don't you get it? This is the way the scam operates. The devs have setup 'OFFICIAL RULES' and 'DEADLINES' to justify stripping away people's investments. The whole NEMstake token was just a fleecing operation on both ends. What will be the next hoop the devs make you jump through to keep your asset? You may feel OK now that you have your XEM and your blockchain, but the pattern of behavior is set. Before you know it the devs will say, 'Oh your XEM is really on testnet. Sorry but you need to convert to the real NEM over here.' But it's ok to be unethical in cyberspace, right? It's just funny money anyway. If you treat it like funny money, it will be. In the real world, you'd be fined by the SEC and ordered to make investors whole.

If it's such a scam then what are you doing here? Just turn away and don't look back, after all it's just "funny money".

Your argument does not make logical sense, I and probably a few others were trying to make a case for you and others in your situation. Not anymore, NEM should continue business as usual.

Yep, the truth is coming out now. In the real world, your 'seed' and 'A round' investors provide the capital formation. They go in knowing they may get diluted down the road, but they invest with reasonable confidence that if they lose it all, it's because of a failure of execution from the people they hired. Here, the people you're hiring are prone to embezzling funds from the investors at opportune moments, because they are operating unchecked in cyber space. It's all 'funny money' because the equity that your A round investors bought, which should be treated with respect, has been expropriated and misappropriated at the whims of developers and even the community.

We all know what we got ourselves into when we invested in crypto currency, that's not a secret. Even many members of the crypto community warn about this.

Just stop, you know how risky these types of investments are. It's not pretty that's for sure.

[zoata87]

Starting distribution again now is only waiting to open a shitstorm from others who missed the redemption deadlines, both from the NXT assets as well as before that. It would be very inwise in my opinion.

Wait- the devs left some investors behind twice? You mean there was an expropriation of claims to assets at the time of NEMstake issuance? Ho lee fuk.
I can hear the posts being deleted now.

The devs did not leave anyone. Some people however missed OFFICIALLY ANNOUNCED DEADLINES, other people had some "technical" difficulties but DID NOT CARE ENOUGH to contact devs.  

Don't you get it? This is the way the scam operates. The devs have setup 'OFFICIAL RULES' and 'DEADLINES' to justify stripping away people's investments. The whole NEMstake token was just a fleecing operation on both ends. What will be the next hoop the devs make you jump through to keep your asset? You may feel OK now that you have your XEM and your blockchain, but the pattern of behavior is set. Before you know it the devs will say, 'Oh your XEM is really on testnet. Sorry but you need to convert to the real NEM over here.' But it's ok to be unethical in cyberspace, right? It's just funny money anyway. If you treat it like funny money, it will be. In the real world, you'd be fined by the SEC and ordered to make investors whole.

If it's such a scam then what are you doing here? Just turn away and don't look back, after all it's just "funny money".

Your argument does not make logical sense, I and probably a few others were trying to make a case for you and others in your situation. Not anymore, NEM should continue business as usual.

Yep, the truth is coming out now. In the real world, your 'seed' and 'A round' investors provide the capital formation. They go in knowing they may get diluted down the road, but they invest with reasonable confidence that if they lose it all, it's because of a failure of execution from the people they hired. Here, the people you're hiring are prone to embezzling funds from the investors at opportune moments, because they are operating unchecked in cyber space. It's all 'funny money' because the equity that your A round investors bought, which should be treated with respect, has been expropriated and misappropriated at the whims of developers and even the community.

seriously, you need a doctor.

[McDoxy1]

Starting distribution again now is only waiting to open a shitstorm from others who missed the redemption deadlines, both from the NXT assets as well as before that. It would be very inwise in my opinion.

Wait- the devs left some investors behind twice? You mean there was an expropriation of claims to assets at the time of NEMstake issuance? Ho lee fuk.
I can hear the posts being deleted now.

The devs did not leave anyone. Some people however missed OFFICIALLY ANNOUNCED DEADLINES, other people had some "technical" difficulties but DID NOT CARE ENOUGH to contact devs.  

Don't you get it? This is the way the scam operates. The devs have setup 'OFFICIAL RULES' and 'DEADLINES' to justify stripping away people's investments. The whole NEMstake token was just a fleecing operation on both ends. What will be the next hoop the devs make you jump through to keep your asset? You may feel OK now that you have your XEM and your blockchain, but the pattern of behavior is set. Before you know it the devs will say, 'Oh your XEM is really on testnet. Sorry but you need to convert to the real NEM over here.' But it's ok to be unethical in cyberspace, right? It's just funny money anyway. If you treat it like funny money, it will be. In the real world, you'd be fined by the SEC and ordered to make investors whole.

If it's such a scam then what are you doing here? Just turn away and don't look back, after all it's just "funny money".

Your argument does not make logical sense, I and probably a few others were trying to make a case for you and others in your situation. Not anymore, NEM should continue business as usual.

Yep, the truth is coming out now. In the real world, your 'seed' and 'A round' investors provide the capital formation. They go in knowing they may get diluted down the road, but they invest with reasonable confidence that if they lose it all, it's because of a failure of execution from the people they hired. Here, the people you're hiring are prone to embezzling funds from the investors at opportune moments, because they are operating unchecked in cyber space. It's all 'funny money' because the equity that your A round investors bought, which should be treated with respect, has been expropriated and misappropriated at the whims of developers and even the community.

The NEMstake you bought were like stock options. They weren't real equity, but the opportunity to receive real stock/equity in a certain period of time and with certain rules.
You agreed to those rules when you bought them. You broke those rules. Your fault. Nothing anyone can do about that.

[jabo38]

People who didn't claim funds during the more than reasonable and fair period, have lost their chance to claim.  Their period to claim has passed.  That token was not XEM.  It was a chance to get XEM, a chance with a clearly announced date of expiration.

[jabo38]

I got a NEM stake for free back in the day (posted in the original thread) . didn't redeem it in time.  I'm gutted but I don't feel like bitching about it or blaming anyone.
I didn't even rememeber about my stake untill last week when I had a look at the coinmarketcap page. "omg NEM! " (i know what helped HinnomTX magically find his lost NXT password lol)
for a year or so I was inactive. there were rules and deadlines for redemtion which I didn't follow .the asset even said to keep up with the rules. fair enough.
frankly seems already too lenient that they allowed redemtion for the first 3 months after genesis...you'd expect it be settled  finalized before that.
anyway after reading on forums that I couldn't redeem it anymore I dumped it on NXT asset exchange for a few thousand NXT (10$ or so) which then I immediately reinvested into NEM ...and now I have 10.000 NEM. just enough to move to my wallet for harvesting ! and as soon as I make more (trying to figure out this harvesting stuff) I plan to send back the NXt to that dude who probably had forgotten the buy order.

Join Telegram via the link below. Then PM me on BTT your Telegram ID. I'll help you get started and tip you another 10,000 so you can speed up the vesting process so you can harvest earlier.

[HinnomTX]

The NEMstake you bought were like stock options. They weren't real equity, but the opportunity to receive real stock/equity in a certain period of time and with certain rules.
You agreed to those rules when you bought them. You broke those rules. Your fault. Nothing anyone can do about that.

Sort of like options, but not really. Unclaimed 'options' should never have spawned NEM.
The rules were changed as the devs went along. Investors were set up to enable their claims getting expropriated going into and coming out of NEMstake. Instead of erring on the side of extreme caution and fiduciary responsibility, devs took the unclaimed stakes and made them into a project proposal fund. Now I can't stop the way the devs and community want to operate. But the economics here are fundamentally flawed, and it's very likely the hazards brought upon your earliest investors will continue to haunt your organization. Good luck.

[nembit86]

The NEMstake you bought were like stock options. They weren't real equity, but the opportunity to receive real stock/equity in a certain period of time and with certain rules.
You agreed to those rules when you bought them. You broke those rules. Your fault. Nothing anyone can do about that.

Sort of, but not really. The rules were changed as the devs went along. Investors were set up to enable their claims getting expropriated going into and coming out of NEMstake. Instead of erring on the side of extreme caution and fiduciary responsibility, devs took the unclaimed stakes and made them into a project proposal fund. Now I can't stop the way the devs and community want to operate. But the economics here are fundamentally flawed, and it's very likely the hazards brought upon your earliest investors will continue to haunt your organization. Good luck.

shut up ......... you havnt a clue..... !!!!!

[Xpedite]

For those who forgot about NEM until we got in the top ten on CMC:

Rules were set , deadlines were determined.
Then deadlines were extended ( more than once).
Actions ( or in this case a lack there-off ) have consequences in life so just face these consequences and move on. The smart ones will learn from it, but those are probably not the ones that are wining about it. Take an example from extee and deal with it like a man 


One more thing: I was an original stakeholder, I knew it was possible to claim a stake for my wife or whatever but never did. I can probably come up with a dozen reasons why I didn't but who cares.
Regrets came after a while but since that's has never  helped anyone I decided to invest some more money. So that's what I did. In the mean time the money I invested has gained in value substantially and will do more so over time (at least that's what I expect)...
So my advice to those that missed out: Take whatever you can spare and invest it in XEM, the show is just getting started 

[Xpedite]

Is there a stat like page that tells me what can be my harvesting rate once I have my coins vested?

Bump ...

I'm afraid ther's too many variables to get a reliable prediction.
Even if you would be able to predict roughly how many blocks you would harvest (which mainly depends on you POI score), the fees in that block will vary from 0 - over 150 XEM.
So some luck is involved too.
A while ago some people posted their harvesting results for the last 25 blocks ( which is displayed in NCC) and although I can't recall the amounts they varied quite a bit.

[patmast3r]

Is there a stat like page that tells me what can be my harvesting rate once I have my coins vested?

Bump ...

I'm afraid ther's too many variables to get a reliable prediction.
Even if you would be able to predict roughly how many blocks you would harvest (which mainly depends on you POI score), the fees in that block will vary from 0 - over 150 XEM.
So some luck is involved too.
A while ago some people posted their harvesting results for the last 25 blocks ( which is displayed in NCC) and although I can't recall the amounts they varied quite a bit.

To clarify, it would vary from 0 to however many fees are in any given block. 150 is a completely arbitrary number xpedite chose.

[dannac]

For those who forgot about NEM until we got in the top ten on CMC:

Rules were set , deadlines were determined.
Then deadlines were extended ( more than once).
Actions ( or in this case a lack there-off ) have consequences in life so just face these consequences and move on. The smart ones will learn from it, but those are probably not the ones that are wining about it. Take an example from extee and deal with it like a man 


One more thing: I was an original stakeholder, I knew it was possible to claim a stake for my wife or whatever but never did. I can probably come up with a dozen reasons why I didn't but who cares.
Regrets came after a while but since that's has never  helped anyone I decided to invest some more money. So that's what I did. In the mean time the money I invested has gained in value substantially and will do more so over time (at least that's what I expect)...
So my advice to those that missed out: Take whatever you can spare and invest it in XEM, the show is just getting started 

You said : rules were set...
But,  to be fair,  rules were changed as well,  if you consider what happened with the sockpuppets...
They simply changed the rules on run just to keep as much stakes as they can for them.
And we all know that what has been done in that case it's far from being fair.