Post
Topic
Board Announcements (Altcoins)
Re: NEM Official Thread - Beta is here/Phase 2 Redemption begins[Updates&Discussion]
by
Coinsy
on 11/11/2014, 16:16:31 UTC
what's going on to NEM'price? We have passed from almost 3btc/stake to 2,15btc/stake Sad

Price is irrelevant at this point. Its still in beta.

i don't think so. It means something.

NEMStake is pegged to the price of NXT not a price of BTC. This is just because NXT has dropped about 20% in the last few weeks.

uhm, ok, thanks for the explanation!

i hope that when beta will finally ends, things will change.

NEMstakes are irrelevant though. The stake supply is dwindling, users are taking their stakes off the Asset Exchange and registering their tokens. No one is buying or selling their stakes because stakes are basically useless now.