Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
No, but seriously in a free market sellers would quote silly prices and NEM Holders would not be willing to buy at those prices which could just lead to a deadlock.
If all 3000+ stakeholders were to reach some sort of consensus value among themselves and pledge to honor that decision by providing goods and services at agreed value we would have all increased the value of our own stake.
Its a common "prisoners dilemma" problem. But I guess you need stakeholders who can see the longterm benefit of such an agreement as opposed to just dumping the coin.
for a small profit.
If all 3000+ stakeholders were to reach some sort of consensus value among themselves and pledge to honor that decision by providing goods and services at agreed value we would have all increased the value of our own stake.
Its a common "prisoners dilemma" problem. But I guess you need stakeholders who can see the longterm benefit of such an agreement as opposed to just dumping the coin.
for a small profit.free market is the only way to go.
If someone sells that silly prices no one will buy - his problem
If someone buys at those silly prices - his problem
If someone sees noone's buying at his silly price and he decides on a more reasonable price - PROFIT !
Anything else is just not working and I understand why. BIDs and ASKs - all we need.