Re: NEM (XEM) Official Thread - 100% New Code

The execution of the silver coin project is not guaranteed and will only proceed providing that XEM market cap and liquidity are sufficient to cover the expenses with the allocated stakes.

I guess the liquidity part box is ticked.

If you'll take a look at the market, liquidity is far from good...

Fair point but this is the crypto world. When would there ever be a time of good liquidity. Hell even with fiat, its all over the place. Look at sterling.
We are talking about a few thousand coins here which has the funds already allocated. Why the drama?

Dropping ~4000 btc worth of nem into the market right now is a terrible idea.

Of course it is in one lump. First of all its not going to cost 4000btc for 3000ish silver coins. The other alternative is just to distribute the fund to stakeholders rather than Devs holding onto it indefinitely. A better idea imo would be to release coin tokens which could be sold or redeemed for Silver/Gold coins. This would be a gradual process as some would sell, others would claim and a good number would never do anything as their accounts are lost/forgotten.