I think this is the reason because most of the "NXT community" will abandon NXT in ten minutes after eMunie released
. Making some NXT banks where the small holders can group together and pile up enough coins to make forging effective could be a solution. (I intentionally avoided such terms as "group together against the stakeholders"
.) Unfortunately this will make the market even more illiquid.
I like eMunie and if Fuserleer brings what he promised I'll put him on the same level as Satoshi. I still think that Nxt and eMu will co-exist.
nxt - those 70 people who has ALL nextcoins are created
Artificial Scarcity(
http://en.wikipedia.org/wiki/Artificial_scarcity),
they sitting on their premined from genesis block millions and only a little % is in trading exchange.
I like nxt and all features, but this capmarket is total bullshit.
Emunie seems much better coin, has many similar features. yes, concept is different.
with emunie you will never 6000% growth, it was made for another purpose.
But the situation when 70 holders in NXT own 95% ALL premined coins, coz mining is closed.
In future big holders take biggest part of profit coz the sistem made in this way - more you have -> more you get.
So beatiful coin, i love it so much. But this shit make it looks like SCUM coin.
Only 70 people get everything grom genesis block and now they pump the price to the moon, when demand is high and they sell only fucking 1%.
And yes i have a little amount of it, and yes - i miss the train.
But this premine for normal people will be like a red rag to a bull, coz it obvious that now owners of genesis millions will control price in a way they want to and they want it to be high.
What next? after 5-6 month-1 year they dump it and fast buy everything at cheap price? market manipulation become so simple if you have too much power.
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