it's a disappointing experience to see that against all expectations of thread members, the price of nemstakes (AE) is steadily decreasing.
I was one of the first buyers and now I have to suffer from my greed.
Volume continues to go up. It appears it's people dumping their stakes. This was vaguely expected, considering what people reserved their stakes for, but they'll be gone a lot quicker than say a hypothetical whale who controls a large percentage of a coin and is dumping it no matter what damage it may bring.
It could be a whale buying them up. Even worse would be a whale buying it up purely to sabotage the coin.
Just playing devils advocate here, as overall i think the AE is a good idea. But it would be foolish to not consider all possible outcomes.
Even with this said, i think the AE is a success in many ways and bodes well for the future value of this coin.
Obviously that's a possiblity and I think everybody is aware of that. I do however agree that overall the listing was the right choice.
I think we can also take a very important note here. High value assets on a cryptos AE can have considerable influence on the cryptos price. I guess this was obvious to others but I only now noticed now how great it can be if you manage to put some high demand assets on your AE.
So beside getting merchants on board it will also be vital to convince start-ups and projects to sell their assets on the NEM AE instead of others. We'll have to think of features that set our AE apart from all the other ones. AEs are almost a commong thing now so it'll be important to create not "just another AE".