Post
Topic
Board Altcoin Discussion
Re: [NEM] NEMstake tokens are listed on Nxt asset exchange
by
TaunSew
on 02/06/2014, 11:49:28 UTC
Prices dropped to 17000 NXT from 40000 NXT per NEMstake. I guess, the sockpuppets are dumping as much as they can. The sockpuppet will kill the hype price of NEM.

Look at the AE now, seems to dumping has stopped.  Kiss
just some big stakeholders selling.

There are no big stakeholders - people were limited to 1 stake, occasionally some were allowed 2.  Unless this is a "sockpuppet boogeyman post".   The time it takes to create new accounts, change IPs and bypass taint analysis meant the sockpuppet thing is a non-issue (although there was one troll who claimed to be from Ukraine and had 50 stakes.    Grin  The troll couldn't even find Ukraine on the map before Euromaidan).

The reality is that a lot of people signed up for NEM stake, since it was cheap, but never knew what it was - so naturally they see an opportunity to exchange their stake (which they've held for almost half a year) for NxT and this explains the dumping at the moment.

Although we are referring to a very small demographic.  Only like 250 (out of 2800) stakeholders have requested tokens to trade on the AE, and some requested tokens with no intent to trade.