Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
UtopianNow
on 27/03/2014, 10:02:28 UTC
I don't have any sockpuppet accounts, but i would like to sell you my share for NXT. I guess we will get about 1,100,000 NEM so about 252,500NXT for it?

If each NEM stake is 1,100,000 NEM coins, then I would pay 27,500 NXT per stake (rate is 1:40)

At the current price for NXT at bter.com, that would equate to over 1.375 Bitcoins per NEM stake

1,100,000 / 40 = 27,500

27500 * 0.00005b = 1.375 bitcoin

It is a good profit, and for those who have multiple NEM stakes it is a good way to get a decent stake in NXT and still keep some NEM.

The current NXT price is very low. After the asset exchange is launched 27,500 NXT will be worth more than 1.375 bitcoin.