Re: [NXT] The Nxt Technology Tree - Monetary System released *TODAY* @ block 330000
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.
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
You can set your minter to mint 1000 coins, it will take longer of course but you only pay 1 Nxt fee still. You can set the 'batch' you want to mint. So it makes value even more interesting
Two ASIC resistant kekkak (?) coins are being heavily mined at the moment (as they are the first two), EGOLD and ELEMS I think. Who knows what value they will have (if any) but they are very popular.
I don't know enough about the process so I can't really advice on this so go to nxtforum.org if you are interested.