Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
SBOSS
on 25/03/2014, 23:50:21 UTC

Both are good offers  Smiley but no thanks, I am holding mine for at least a full year  Huh call me crazy but I really believe anyone selling their stakes right now will never be able to forgive himself when NEM becomes big. If NEM flops you are losing at most 50 bucks not a disaster if it succeeds who knows what it can be worth. Friends hold tight, help build the coin and we can all be winners  Wink

NEM has potential to become the silver to NXT's gold, just as LTC is the silver to BTC's gold in POW coins.

Today, as I write:
BTC marketcap is $7,352,253,598
LTC marketcap is $440,369,745

LTC has ~6% the marketcap of BTC

I'm valuing NEM at 10% marketcap of NXT.

With 4 times the coins for NEM over NXT, my offer is 1 NXT for 40 NEM.

This offer is competitive, and risk free if you have multiple NEM stakes.

Keep some NEM stakes, sell your socks, get a stake in NXT.

Instant risk free profit.

Send PM if you prefer.





I really dont understand how u made these assumptions. So u just calculate NEM market cap without even knowing what the NEM would be after development process is done. There is a significant possibility that NEM could be more usable in terms of a currency (distribution, POI, etc). And based upon your willingness to buy shares even before launch, i highly doubt that you have calculated very different valuation to the coin.

IMO it would fair to stop puplish these predictions, when the only purpose is to get cheap stakes and benefit on those.

He claimed in another post that he had a budget of 10 million NxT ($330K USD).  That means, for a coin he thinks "could fail", he wants to purchase 14% of all upcoming NEM in circulation.   14% sounds little but to put into perspective - Satoshi has the largest Bitcoin wallet and he only owns like 8% or so.