Quote from: Ola on August 18, 2014, 03:17:42 PM

Quote from: TwinWinNerD on August 18, 2014, 01:38:31 PM

Or NXT marketplace in 3 days.

@TwinWinNerD 3 days !!! go nxt Wink

NXT digital goods store....Smiley)) Let's talk about it :

Day 1 (August, 12, 2014) - NXT price 0.029 USD
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- I'm a merchant and i want to sell Amazon Gift cards on NXT digital store. It would great for NXT users to buy anything they want from amazon, using NXT. Everybody is happy.

- I am selling $100 gifts cards. I open NXT client and post a new offer at the price of 3448 NXT for 1 card. I pay a fee for posting the offer. I sell 2-3 gyft cards. I'm happy.

Day 2 (August, 13, 2014) - NXT price 0.037 USD
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- I didnt received any order. Wonder why.
- I open the market. 1 NXT is 0.038 USD, So, i'm selling a $100 gyft card for $122. Thats why nobody is buying. They could also buy amazon gift cards using a visa card in 2 minutes for $100.
- I reopen the client and readjust the price to 2701 NXT. I pay the update fee. Thanks god i don't have 1000 items for sale.

Day 3 (August, 14, 2014) - NXT price 0.036 USD

- I get some orders. I'm happy. No losses.

Day 4 (August, 15, 2014) - NXT Market price 0.032 USD

- I have receive tons orders.
- I open the market. 1 NXT is 0.032 USD, So, i'm selling a $100 gyft card for $86. I panic. I just lost around $180 in a single day.
- I reopen the client and readjust the price again to 3125 NXT. I pay the update fee. Again, thanks god i don't have 1000 items for sale.

Day 5 (August, 16, 2014) - NXT Market price 0.026 USD
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- The whole inventory is gone.
- I open the market. 1 NXT is 0.026 USD, I have just sold tens of $100 gift cards for just $81. Im shocked.
- I stop selling over NXT digital asset store.

For this example i have used REAL market data. Some NXT lovers will come and tell me that i'm a troller and retarded. But there is no escape from this scenario.

This scenario will repeat day after day for hundreads of merchants until everyone of them will stop selling.

It's easy over a website where you can display the REAL market price, but over a p2p marketplace it's not possible using a volatile currency. NXT digital goods store is not functional. Period.

Same for open bazaar. Even worse. This is why we have ZERO functional p2p markets. VOLATILITY

Go NXT !!!!