Post
Topic
Board Announcements (Altcoins)
Re: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread
by
nutildah
on 02/06/2014, 20:43:37 UTC
That's an example that people buy things based on ideas and the team. I don't have an opinion about current price of NEM token. Whatever the price is, the core team has no direct benefit.

I understand your point, I just don't like unbased speculation which serves basically as propaganda, which you have to admit there is a little bit going on around here.

So the core team has no NEM holdings whatsoever? Please correct me if I'm wrong but the value of a stake is, for the time being, the only indicator of the future price of NEM. If stakes start going for 10 BTC each, I would have to imagine it would make you at least somewhat happy. If it didn't, you'd be kicking yourself for not giving yourself a bigger founding stake.  

I'm sorry, I'm doing my best to not be a jerk. I just want to understand how the core team has no direct benefit from the price of a NEM token. Its like saying Jeff Bezos has no direct benefit from the price of Amazon stock even though he has hundreds of millions of dollars worth of stock options.

I also am curious if there is a release date in sight, or any such estimation. Thank you.