Re: [PPC] Peercoin Official Thread: NuBits Released.
Nu is a clever system, but as soon as its details were revealed, it was obvious that it isn't going to have any direct impact on the PPC price. Sure, it will pay dividends in PPC, but that's not a net buying pressure. It could indirectly help PPC price by bringing new people into the ecosystem, etc, but paying dividends in PPC creates selling pressure (people cashing their dividends out) which exactly cancels out the buying pressure that comes from the Nu system acquiring the PPC in the first place.
Only if literally every single person sells 100% of their dividends, which is unlikely to happen. Especially if NuBits is showing success and the system is growing.
If _all_ people cash their dividends out, it will cancel out the demand for having bought the dividend PPC.
But if only a fraction of people tend to keep their PPC this will lead to an increasing PPC price level.
Do you really expect all NuShare holders to do that, to cash out at instant?
I expect some people not to cash out, because NuShares might also attract people who already own Peercoins.
...and they have Peercoins, because they did not cash those Peercoins out yet
