Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread -100% Original Codebase - Over 70 Active Team Members
by
starfishi
on 30/05/2015, 12:41:57 UTC
Concerning pricing of NEMcredits on Nem AE:

Let's say i borrowed 100000 NCR. I need to buy a certain equipment for realization of my business, my idea in the outside world. What do I do? I put up for sale 100000 NCR on Nem AE. And when from me they aren't bought the whole week, at me in number of them remains already 99000 NCR. Thus, time at me their quantity decreased as each 7 days time of automatic payment of the commission comes to 1%, I am compelled to put the price 1% higher of Nem AE. Thus from week to week the price of NEMcredits of Nem AE will be higher and higher. as will induce people to buy NEMcredits for XEM from people to whom the credit was issued. They on these means will build various new services for NEM.

Here it will work everything so.

I´m sorry, but can anybody explain this to me in one language. Thanks. Really, sorry, but i can´t follow., peep, peep
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