Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
Gustuv.
Pay out of nem coins, the real ones, will be automated. You will just have to send your tokens to a nxt address along with a nem account number in a message attached and your real coins will be sent to you. If you have .1 tokens you will get .1 of a nem stake in real coins. .1 is a tenth of a stake so 156k coins.
Pay out of nem coins, the real ones, will be automated. You will just have to send your tokens to a nxt address along with a nem account number in a message attached and your real coins will be sent to you. If you have .1 tokens you will get .1 of a nem stake in real coins. .1 is a tenth of a stake so 156k coins.
That's incorrect. 1 Nemstake = 1 million NEM. 1/10 stake (100.000 NEM) is the smallest unit you can trade in asset exchange.
oh sorry. i thought it was 1.56.. was sure i read it somehwere.. anyway thats ok.. makes allot more sence now being 1 stake = 1 token thus being able to trade 100 coins at once. much simpler, thanks
why will we get ours 2 weeks after launch?
I'm guessing we'll distribute the "regular" stakes first and that will take quite a bit of time.
But pay outs of nem tokens will be automated. Ao send total nem needed to where ever it needs to be to fund token withdrawls and let it run while distributing normal stake holders. It would actually be more efficient if everyone used the tokens. Whyleave token holders til the end if all ya gota do is send one bulk transaction to fund auto withdrawls?
If people know the token stakes are guna be sent automatically, and do that first. More people will do that just to get their stake before those with regular stakes. Thus less normal stakes to distribute so it woulbe faster for ose who really dont want to use nem.
@soadan. In that case i stand by my previous post a page or 2 back about 1 stake one asset. Its retarded. What if near the end or half way or after alpha stakes are 5btc, thats a minimum buy in limit of .5 btc... TOTALLY DEFEATS THE PURPOSE! it prevents the people with below the amount required to buy .1 of a stake to buy in.. many many people wont be able to buy in with that sort of money!
Gimre, our chief scientist said 1 token divided by 10 should be maximum. The logistics could be a nightmare otherwise. Since you don't code, stop talking like you know about automaton.