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Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
patmast3r
on 11/05/2014, 16:33:20 UTC
Another tought i have:
  
I was thinking that auction held, lets say 1. day of every month, with 5 stakes at a time for a year could keep the price a lot higher and be better PR, than auctioning 'em all at once. Weather it's in NXT-AE or not. And give the rest either for stakeholders or to charity on NEM's first birthday or something. Stakeholders could vote what is the best charity.

people could just freely pm him through bitcointalk to buy at market price imstead of an auction and keep the sale of 135 odd stakes off the market and thus not effect the price with many sells. Alls he gota do is send the buyer of "auction" stakes a nem stake asset to buyers nxt account. Job done. Saves the hassle of originising an auction too. It will give the dumpers a good chance to dump at much lower prices to those who may hold the coin long term, as i will. People dont know what to pay at auction as a price hasnt been set yet. The price would be much better set on the open market then at auction, as many will with hold from bidding in the hope of getting cheaper stakes on the open market. I say no auction. Issue assets. Set base price on open market. Then utopian sells the "auction" stakes off the market. Job done and best price got for them. He can also hold some stakes for later sale after alpha and beta when he will get a much higher price.

So you are saying that we need to wait till June/July when the coin is released and then issue an asset and just change the price daily to follow the price on exchances. But if price rises to $0,1/NEM who would buy $100k/stake ? Then we will need to split stakes to not bigger than 10k NEM ($1000) pieces so enough people will afford to buy any. That asset is gonna be there a long time... Exchange volumes might stay too low... Or relay exclusively to NXT-system at first (it needs to get super-popular) and later on NEM's own Decentralized-Exchange ??


MuHaHaHaHa 0,1 Dollar one NEM Cheesy Cheesy  follow your GURU i have already 5 stakes and 20 sold ... i´m a multi millioair Cheesy

Guys don´t be stupid

You really like your Coin2 don't you ? Stop trolling here. Is anyone from NEM coming to troll the Coin2 thread ?
In the thread that you sold your 20 stakes you said plz no trolling. Why don't you take your own advice and don't troll here ?

To put it in your language: Verpiss dich !

To the people that bought those 20 stakes. Are you really that naiv ? No NEMs have been issued. You bought stuff that currently doesn't exist. How did he verify that he actually owns 20 stakes ? What if we we're to come up with a technical way to make sure people can't reddem multiple stakes? Do you think you'd get your money back if those oh so clever sock puppets weren't able to actually claim their stakes ? Hell no !
I'm not saying we are working on such measures. I'm saying think before you blindly trust people.