Post
Topic
Board Service Announcements (Altcoins)
Re: [NXT] The Nxt Technology Tree - Monetary System released *TODAY* @ block 330000
by
Zer0Sum
on 11/01/2015, 15:42:03 UTC
I am kind of surprised that this did nothing to improve the price ...

It will slowly because every time a coin is minted, 1 Nxt is used for tx fee.

And those fees go to the big whales who can dump the price again. Tongue

Which demonstrates another "Macro Implication" = Monetary System improves distribution of wealth across NXT ecosystem.

But if it costs $0.02 to mint a new coin... new coin must be worth >>> $0.02