Quote from: Eadeqa on October 14, 2014, 06:24:50 AM

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Quote from: Buratino on October 13, 2014, 03:16:06 PM

How much NEM stakes are allowed for each NXT address? Are there any restrictions or limitations? Thanks.

2 stakes per nxt account. If you have more than 2 you split them up to more nxt accounts before cashing them in for real NEM. I feel like I anserwed this like 20 times Cheesy

What a meaningless retarded requirements.

What a rediculous statement.

It's actually a decent (and necessary) deterrent from big players buying/hording nemstake, as they'll be reluctant to spend any large amount of time distributing their stakes across a host of NXT accounts to comply. This i didn't think would need explaining unless you're one to be buying Nemstake in huge quantities yourself.

I'm personally glad the requirement stands for this very reason - as there are plenty of individuals who are into crypto with the resources to buy out Nemstake in almost any quantity they choose. Especially NXT whales. So no, it's far from "Meaningless" or retarded, as you so eloquently put.

So why are you forced to divide your Stakes to several Accounts? NEMs Advance from the beginning was the good Distribution. This Advance was destroyed when going to the AE. Now there are some People with 10, 20, even 32 Stakes. (Even one with 252, but I think thats the Distribution Account, but it has no Name or Alias attached).
So everyone here is blaming nxt for its Distribution. If everyone is forced to divide his AE Stakes to several Accounts you´ll never have a real Picture about the REAL first NEM Distribution, right?

I think the whole idea of you must "split" your more than two stakes is so that we can brag by claiming we got "good distribution", even if it's achieved by artificially splitting stakes.

There is no other logical reason to do that.

What happens if someone refuses to split their stakes that they bought?

I am betting the developers will steal those stakes too and will add them to their ever increasing "development" fund.

Alright, I'll give an answer to this one post. After that you're addded to my ignorelist. Are you butthurt that you beloved NXT has hard times ?

The idea behind that was to make it tedious for people to redeem large amounts of stakes without really limiting the free market. If people know they have to split up their stakes they might not buy more stakes because they are too lazy to split them up. We all know many crypto folks are lazy as fuck.
We should do anythoer analsysis after the distribution is finished. Once thing is for sure. NEMs distribution will be hell of a lot better at day 1 thatn NXTs a year after launch.

People think distribution isn't that important but it's very important. That's not an opinion that's fact. You can't depend on people to do the right thing for the ecosystem if thy can just do what's best for themselves and dump for profit. Didn't BCNext run aways because most stakeholders where to dumb to realize that ?