A week later, they started selling NXT at a 4762% markup (yes, that's over 47X original purchase price).
Are you referring to the exchange rate of 0.000001 NXT/BTC?
Yes, original pre-sale price was 21 BTC/1 billion NXT = 0.000000021 BTC/NXT. Initial sale price after pre-sale closed was 0.000001 NXT/BTC. This yields a markup of 47.619 X pre-sale price.
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?
Haven't decided. Still need to see details.
As far as investment levels and dilution, there is a sweet spot up to which additional investment reduces risk and accelerates product to market and allowing more features to be created in parallel, yielding the same ROI in a given time frame. Beyond this point, the start-up is overcapitalized and diluted, reducing ROI, since there is more investment than the organization can handle.
It would be like trying to make a baby in 1 month by putting 9 women on it.Haha, I like that. Do you have investment in Nxt? I will give you some if you want to create an account and PM me. That way you can at least see why the coin doesn't belong on the scam list.
Thanks for offer, will let you know when I have the client installed.
I'll send you some NXT too. It's not a scam coin, but I will officially call NXT a real coin once they get a real exchange e.g. Vircurex.
That is happening in a couple days, got some Nxt waiting for you td!
Got NXT client installed - quite a task, but it does work on XP 64. Wasn't sure when instructions mentioned 32 bit Java. I'm waiting for the account to cook, guess it takes a while. Nice looking interface, though I'd rather have a stand-alone client.