Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
I think a fair starting price for each stake is between 0.2-0.5 BTC. The stakes for the waiting list guys will be 0.1 BTC, so a 0.2 BTC starting price seems fair to me.
If I were just thinking about myself I would hope this is right because I don't have a stake. I would by a bunch.
But if this is the price, that would be pretty bad for NEMs value. The community and especially the Devs behind this project should be worth at least 5 to 10 BTC min.
the starting price doesnt really matter but at the same time.. its not good to under/over value the project.... .5-1 btc should be the starting price.... or.. do batches starting out set the first batch to .2 and the second batch starting price 75-90 percent of the previous batch and batches getting smaller over time.. so you could go
40 stakes starting out at .2
(assume .8 per stake acheived)
30 @ .6
(1btc acheived)
20 @ .75
(1.4)
10 @ .85
(1.8 )
5 @ .95
(3)
5 @ 2.25
(4)
5 * 2 stakes @ 3btc
I think the starting price should be what would have been the next step if the registration thread would not have been closed.
We were at 750 NXT / .75 BTC right ?
Let's make the starting price 800 NXT / .8 BTC then.
Makes sense
No, it doesn't. 800 NXT != 0.8 BTC.
Well... The idea makes sense maybe not the math...
