Post
Topic
Board Announcements (Altcoins)
Re: NXT :: descendant of Bitcoin - Updated Information
by
jl777
on 28/01/2014, 00:31:43 UTC
To the whales out there, I have a question.
If the community voted to spend 10 million NXT in community fund on marketing, how would that affect you:

A) Positively, would buy more
B) Neutrally, no change
C) Negatively, would sell part of all of NXT

Any other comments from the "whale" perspective about NXT marketing spending would be appreciated. If you are thinking this way, then odds are that other potential whales are thinking the same way too.

James

I would be absolutely appalled if we spend 10Mil Nxt on marketing, that is utterly ridiculous.  
If we want NXT to get to .01 BTC, we will have to spend money on marketing. There is no way around it. If we like it to be around .0001 BTC, then we can stop all marketing now.

What price do you want NXT to get to? Do you think it will get there without spending money on marketing, especially when there are already two significant competitors that are spending a lot on marketing?

Marketing it a battle for mindshare. If people don't know about NXT and all they hear and see are emunie and etherium, how will NXT price get to .01 BTC?

James