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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TGE] NIMIQ - A BROWSER-BASED BLOCKCHAIN on: June 24, 2017, 02:39:52 AM
Questions!  From the perspective of a "mom"

1. why so high a price in the sale?   You guys are expecting a ~$17 price per NIM?
  -$300 ETH value gets 175 NET ($1.714/NET)
  -Then on exchange/conversion would have 17.5 NIM ($17.14/NIM)

$17.14 NIM seems crazy when (under your beta) I can get 5 NIMs in under a day to start.  Even assuming the reward rate drops very quickly, I think I could make this up with way less than $17 in energy costs per NIM early on.  You guys have a fantastic idea that I'd be happy to support in a sale, but the value terms are not making sense to me.

2.  Your whitepaper says 5 NIMIQ block reward to start.  Is that correct? (vs beta's 50 NIMIQ reward)

3.   What was the decision process in following BTC's 21m supply (particularly if the block time is 10x)?    Related, what do you guys envision for the token's use case? (store of value only, daily usage, micro transactions?)  If it's not for micro-transactions I'm in the more is better supply camp for a couple of reasons -
*More supply = lower price per token.  From a trading perspective, people find something inherently attractive in a low token price because a whole token is easily affordable.   Moms don't want to brag they own .4333 of a NIM.  Moms want to say, hey I bought a NIM!
*Moms and Dads hate math!   If you want a coin to be used in daily life, then you force moms to do more thinking if NIM price is high (i.e. a $3 coffee is $0.15 if NIMIQ is $20, but $0.0015 if it's $2000).  Sadly, this is a problem for people - no one wants to get a calculator out for every purchase to make sure the decimals are right.
*Larger numbers of tokens generated in each block.  Moms see big results! (even with no value difference!)
*Since you are 10X faster block halving than Bitcoin, you may get very quickly to a point where the mining results are very very slow.  If your goal is to get a big distributed miner base, do you think people would give up?  Moms don't like to wait!)

4. Suggestion - is it possible to have a progress icon showing how close you are to getting the reward?   Moms are  impatient - they may give up if they don't see anything happening after a few hours ...
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