Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
siva_gami1203
on 18/04/2014, 21:32:32 UTC
Interesting times. Am very curious what price the stakes will reach at auction.

max 5 btc. beyond that there will not be a good return for those winning the bids

And you say that based on what?

5 btc would put NEM at 20000 BTCs which is roughly around $10M. My guess is NEM would have a market cap of 50 - 70M in the initial weeks. Wouldn't those bidding expect a return of 500%?

Well this is my opinion.