Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
xtester
on 25/03/2014, 23:51:22 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 came across like an used car salesmen.

He's deliberately trying to drive down the value and his messages aren't that well thought through.  He probably choose the name UtopianNow, to look like Utopianfuture's name.  Second - he claimed in an earlier post to have a budget of 25,000,000 NxT but according to his conversion he could only afford a quarter of a stake. . . .

10% of NxT's market cap?  Lmao!!  For someone who has that much NxT, you would think he would remember that NxT was going to the moon until the IPO scandal became public knowledge.  It doesn't matter how good NxT becomes, that IPO stigma can't really go away.  I know Bitcoin was concentrated in a few hands but analogies are poor evidence as I could say something like we used to execute people for shoplifting and therefore we should bring back capital punishment for shoplifting.





That other guy who was offering 3-5 BTC ($1500 to $2000) was making a more realistic offer.

I think SBOSS is right. People should be very careful with selling their stake at a cheap price and then cry later.

While Nxt has a lot of value(and I believe in Nxt), it has become clear by now that the distribution was something of a problem(the least said) which is still affecting the value of Nxt.

In Nem case, this is a real advantage. The distribution seems already a success and this was only the first step. Since this is an innovative coin, our value is not bound in any way to the value of Nxt or any other currency for that matter. With such a promising beginning and depending on the value we manage to create, it is not at all excluded that Nem could and maybe will surpass the value of Nxt (sooner than we think?). This remains a very interesting experiment and results may be very surprising indeed.

A lot more offers will come. If you sell at least sell at a good price.