Quote from: Sharky444 on December 12, 2013, 12:47:59 PM

Quote from: laowai80 on December 12, 2013, 12:20:46 PM

Quote from: wezelvis on December 12, 2013, 11:11:12 AM

eMunie will succeed because its founder has patience enough to launch when he knows his product is ready. With eMunie it's quality and professionalism all the way, and that's why eMunie will be a huge success when it is launched.

I disagree with this statement. eMunie, as far as I understand, doesn't have a fixed coin supply, from what I have read eMunie money supply is flexible to demand, which is exactly the same system as fiat currencies use right now. Central banks provide as much liquidity into the system as populations require. So eMunie is just a decentralized way of doing the same, which is very inflationary. In my opinion, eMunie is not a competitor of NXT at all. If the money supply isn't fixed, the money system isn't even worth looking at, no matter what other fancy features are included in the package. So, there is absolutely no reason to be spooked by eMunie.

eMunie is not inflationary. If there is a demand on the free market for 10% more coins, 10% new coins are created, but stakeholders receive free coins, so their assets value stays the same.

eMunie promise of keeping its value stable is not credible because they don't have the ability and means to do do. Since when people selling eMu en mass, they have to have a huge reserve of dollar to back the money up otherwise its price against dollar will have to fall. They won't be able to do that.

It has to be understood that in any market price has always been acting as a necessary signal to guide the behavior of the market participants. For example: with bitcoin market if you are holding 100 bitcoin, when the price of bitcoin raising you would be inclined to sell them to more willing buyer, but when the price falls by half, you may decide to keep them all since you evaluate that the potential of the bitcoin is higher than the bitcoin's price right now. All bitcoin market participants follow the same process using the current price as signal as if they are many ships and liners following the lighthouse to reach the shore The true price is discovered organically.
Now you don't have the price signal here so the price of eMunie is artificially kept up. This is going to be a mess