Quote from: patmast3r on April 19, 2014, 09:02:11 AM

Quote from: dzarmush on April 18, 2014, 10:24:11 PM

Quote from: TwinWinNerD on April 18, 2014, 10:13:48 PM

Quote from: siva_gami1203 on April 18, 2014, 09:32:32 PM

Quote from: xtester on April 18, 2014, 09:26:40 PM

Quote from: siva_gami1203 on April 18, 2014, 09:24:18 PM

Quote from: xtester on April 18, 2014, 09:12:52 PM

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.

Even if someone was willing to pay 5 or 10 BTC per stake, the people selling their stake would much lower the price, because at over 2-3 BTC, many people would sell to realize their profit!

Well, at least we'll see how this distribution model works. Lots of people got their stakes for free. I got mine for 10 Nxt ) Even 1 btc will be a great return.

Also 10 Btc for 1M Nem is crazy. There are 4B coins which makes Nem at least 4 times cheaper than Nxt and 250K Nxt cost about 12.5 btc now. I can't imaging somebody buying 1M Nem even for 5 btc. Not before Nxt costs x10 from today price.

Even if there are more NEM than NXT 1 NEM can still be worth more than 1 NXT. You're conclusion is based on the fact that NEM is the same as NXT which is wrong.

I'll be glad to be wrong. After all I'll have much more Nem than I have Nxt.