even if you call this an ipo then what type of an investor you are if you do not check your investment?
Exactly, I have some shares (I mean non-crypto shares).
I check the prices everyday and I check news about companies at least once a week (but mostly more often).
As you've noted NEM is not IPO, but if it would and someone is
not checking the status, he shouldn't be called investor, but a fraudster.
Pretty much spot on.
And NEM was never an IPO as most people who've paid attention are aware - it was a call of participation, to participate in this community and ecosystem. Those who don't only have themselves to blame.
I am glad that the NEM devs take on board the critiscms of those who (not so eloquently) complain about the redemption limits, but as i've said numerous times - there has to be limits here as to how accomodating the devs are. We've seen repeatedly from votes and changes that the devs are prepared to take on board and support those in different circumstances, but now i feel they're being taken for fools, and i certainly wouldn't want this to negatively effect what is a rather democratic process and community. Limits need to be established.
They are being taken for fools. The original plan was an unapologetic cut off but now you are given 3 months to claim and yet people are now asking for 6 months or indefinitely. This is a metaphor called: "moving the goal posts"
http://en.wikipedia.org/wiki/Moving_the_goalpostsI'ld say this - if people keep whining about it then the development team should change the 3 months down to 2 months. If the whining persists then move it down to 1 month. There is that old saying: "we don't negotiate with terrorists".
Although i do completely agree (and in all honesty, anticipated this sort of thing), i think a large portion of those who complain come from a very vocal minority. People are more content to complain then they are to praise, after all. I think it's important to be aware of this especially if you're in any position of authority.
I'd also like to point out that a large majority of those who do complain come from the capital of FUD; BTT forums. All the more reason why i do encourage people move discussions to the NEM forums, and if there is any discontent among people there, call for votes.
I wouldn't propose that we reduce the timelimit. I think all thats necessary is to openly state a stance, with clear reasons as to why, and leave it at that - any further discussions should be ignored. The time limit was increased, the devs have done what they can to be as fair as possible. People demanding further action is, quite simply, taking the piss.