Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
TwinWinNerD
on 02/06/2014, 20:25:27 UTC
The NEM price on the NXT asset exchange is extremely low.

NXT price is: 0.0000898 BTC/NXT  supply @ 1 billion

NEM price should be 0.0000224 BTC/NEM , NEM supply @ 4 billion

NEM price is actually 1,000,000 for 17,500 NXT = 1,000,000 for 1.5715 BTC = 0.0000015715 BTC/NEM

so that's pretty attractive.  People buying at these low prices will easily make 10X - 20X their investment once NEM launches.





You are assuming that NEM should be worth the same as NXT right now. On what basis?

For some magical reason people seem to have the wildest predictions for the "NEM price after launch"

Yes, and I have trouble understanding how this could have happend. The devs were not really talking about the price at all, so the people have developed a certain dynamic that led to speculating about something that is not possible to speculate about.