Post
Topic
Board Altcoin Discussion
Re: Investigation Complete of Instamines and Fastmines for almost every top alt coin
by
Lauda
on 10/05/2014, 12:05:17 UTC
this is the dumbest crypto analysis I have ever seen (with wrong methodology)

how can anyone write these bullshits?
no. the better analogy is that you bought your house for 100 dollars in october, and sold it for 100,000+ in December.
- you cannot sell all, if you have 50 mega Nxt, it is as same as having 1 mega Nxt in terms of valuation.

Today if you sell 550.000 Nxt on Bter and Cryptsy, 1 nxt would cost 1 Satoshi.

Only the dumbest sucker could believe to these calculations:
someone got 49,875768 NXT...for sending 1 BTC.

at today's price thats a cool $1.5 million.

at NXT's really quick peak (.08 a coin and higher), that was worth well over $3 million dollars.

when in fact it is $25,000 dollars, because if anyone would start selling, he could sell only $25,000 to get to zero in exchanges, not more.
Quote
$ 30,319,574
Nobody in the right mind is going to believe that NXT has so many people in it. Nobody is selling, and the buy walls are thin just as you've said it. I actually think that it wouldn't even be $25,000, because people would lower the walls (unless it was instantly sold, which would crash the market).