Quote from: msin on January 16, 2014, 11:20:28 PM

Quote from: td services on January 16, 2014, 11:16:58 PM

Quote from: msin on January 16, 2014, 10:15:17 PM

Quote from: td services on January 16, 2014, 09:55:28 PM

Quote from: msin on January 16, 2014, 09:47:59 PM

Quote from: smaragda on January 16, 2014, 08:28:10 AM

Quote from: molecular on January 16, 2014, 07:48:05 AM

(also NXT ipo was too short and invisible and maybe was even closed early, that's why price shot up afterwards. Had they waited long enough with high exposure to and broad discussion by the public, price would've been "exactly right" after ipo)

Do you mean it could/should have also been 0.0001 NXT/BTC?

The NXT launch wasn't invisible, not sure why people think that. Also, the goal of Nxt launch wasn't too have some Bitcoin Conference mass marketing IPO extravaganza. It was to get a working POS system launched and let the community take over. Yet many people have misconceptions about it being a scam coin. To me, a scam coin is one that draws hundreds/thousands of btc investment in a pre-sale and then caters to ASIC miners.

It wasn't invisible, but it was cut short with no advance notice to prevent further dilution of existing investment. A week later, they started selling NXT at a 4762% markup (yes, that's over 47X original purchase price).

NXT is number 2 on the scamcoin poll, https://bitcointalk.org/index.php?topic=361286.0 .

"They" you are referring to were people who took a risk to donate to an unknown developer's project, regular forum members like you and me, the founder didn't sell a thing, in fact, he has only given away millions of Nxt to developers. The markup you are talking about is still more than 100x cheaper than Ethereum IPO price. I bought 1M nxt for 1BTC. Your reference to the scamcoin poll makes you look ignorant, you and I both know those are envy polls. Where is Ethereum on that list? BCNext ended the Nxt IPO early because he didn't want to collect hundreds of BTC.

You're partially correct - BCNext (and/or come-from-beyond) didn't want to collect more BTC, maybe even hundreds of BTC, which would reduce their percentages of the distribution. If they had just announced the early close because they collected enough BTC, they probably would not have collected much over 5 or 10 more BTC since it was a high risk investment and not have caused animosity among those interested but not yet invested.

People tend to focus on price per share in a pre-sale, but what they should really look at is the price for a given percentage of the total pre-sale. If the shares are PoW mined, then the net rate of issuance of new shares is also a factor.

How much are you investing? It seems to me that the more people invest, the worse off for everyone in terms of ROI, am I correct?

It would appear so; however don't disregard network effects. An increase of n BTCs invested might dilute the stake linearily, but assuming non worst-case allocation of those coins (in other words, the investments come from new members), increase the exposure of the coin exponentially.