zsuhsl
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April 18, 2014, 02:55:40 PM |
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I would not mind buying an extra stake or two . As a present stakeholder am I eligible to bid for a stake. would you buy it even for $2k? Because NEM promising potential, I will buy more at lower prices
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utopianfuture (OP)
Sr. Member
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Activity: 602
Merit: 268
Internet of Value
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April 18, 2014, 03:25:32 PM |
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I would not mind buying an extra stake or two . As a present stakeholder am I eligible to bid for a stake. A problem that can happen should the price for an auction stake gets too big is that some stakeholders might be tempted to sell thier stakes under the table or are stakeholders allowed to auction thier stakes too? I don't think we can or should actively prevent people selling/ buying stakes under the table as long as everyone takes an extra caution to avoid scams.
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cryptomite
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April 18, 2014, 03:42:43 PM |
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When people do the math, and realize what promotional power 15% of NEM (>5000 BTC), plus over 1000 unique stakeholders will bring to future value, I see these stakes at auction going for a mega-shit-ton. Then, this makes the 15% worth even more. Its an amazing idea.
10 BTC easy!!
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upekha
Full Member
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Activity: 183
Merit: 100
TDTPJR-P5SGXY-UU2OS6-BPTUV4-NJYQFT-6CWYZP-IA2W
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April 18, 2014, 03:46:23 PM |
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NEM - New Economy Movement
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okaynow
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April 18, 2014, 04:06:18 PM |
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300 pages here, 3000 stakeholders so far, alpha en route... nice going NEM
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1PeecNu1J8VNKpgR13nasMZWLcMZrwNJfc
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Tobo
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April 18, 2014, 04:06:31 PM |
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Congrats!
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cgminer-o
Sr. Member
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Activity: 350
Merit: 250
1$ =1 MEC 2013 (2,56 $) 5$ =1MEC 2014 ?
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April 18, 2014, 04:06:57 PM |
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300 pages here, 3000 stakeholders so far, alpha en route... nice going NEM
+1
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Touque
Member
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Activity: 94
Merit: 10
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April 18, 2014, 04:13:30 PM |
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When people do the math, and realize what promotional power 15% of NEM (>5000 BTC), plus over 1000 unique stakeholders will bring to future value, I see these stakes at auction going for a mega-shit-ton. Then, this makes the 15% worth even more. Its an amazing idea. 10 BTC easy!!
We will see how the market will decide it. Bur remember NEM is not launched yet and has not prove anything yet.
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TauMuon
Full Member
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Activity: 224
Merit: 100
NEM Enthusiast
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April 18, 2014, 04:27:36 PM |
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Happy birthday NEM thread!
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NorrisK
Legendary
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Activity: 1946
Merit: 1007
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April 18, 2014, 04:30:49 PM |
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Well done NEM! Glad to be a part of this!
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gsxrl3oi
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April 18, 2014, 04:45:00 PM |
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Cheers to all the dev team and NEMers
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Simakki
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April 18, 2014, 04:46:51 PM |
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Auction sounds like good opportunity test the valuation, though it might be could make it in sequels as UP has said. Are there any similar scenarios ever done before? How you can prevent people just bid without intention to buy ? Like some ahole just messin with auction
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nismhjt
Newbie
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Activity: 32
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April 18, 2014, 04:58:11 PM |
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When people do the math, and realize what promotional power 15% of NEM (>5000 BTC), plus over 1000 unique stakeholders will bring to future value, I see these stakes at auction going for a mega-shit-ton. Then, this makes the 15% worth even more. Its an amazing idea.
10 BTC easy!!
10 BTC/stake would put Market cap @ 40000BTC which is around 20 million. I doubt the auction price will be so high as this may not give superior returns on launching
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bluewhackadoo
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April 18, 2014, 05:03:21 PM |
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When people do the math, and realize what promotional power 15% of NEM (>5000 BTC), plus over 1000 unique stakeholders will bring to future value, I see these stakes at auction going for a mega-shit-ton. Then, this makes the 15% worth even more. Its an amazing idea. 10 BTC easy!!
We will see how the market will decide it. Bur remember NEM is not launched yet and has not prove anything yet. I sold my co-worker a Spike energy drink for 5 NEM two weeks ago, retail is $2.50 so current conversion rate of 1 NEM = .50 USD That's fact.
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TwinWinNerD
Legendary
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Activity: 1680
Merit: 1001
CEO Bitpanda.com
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April 18, 2014, 05:05:25 PM |
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When people do the math, and realize what promotional power 15% of NEM (>5000 BTC), plus over 1000 unique stakeholders will bring to future value, I see these stakes at auction going for a mega-shit-ton. Then, this makes the 15% worth even more. Its an amazing idea. 10 BTC easy!!
We will see how the market will decide it. Bur remember NEM is not launched yet and has not prove anything yet. I sold my co-worker a Spike energy drink for 5 NEM two weeks ago, retail is $2.50 so current conversion rate of 1 NEM = .50 USD That's fact. 4000000000*0.5 = 2 billion USD. A 1/3rd of BTC. Hmm
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nismhjt
Newbie
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Activity: 32
Merit: 0
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April 18, 2014, 05:06:46 PM |
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Auction sounds like good opportunity test the valuation, though it might be could make it in sequels as UP has said. Are there any similar scenarios ever done before? How you can prevent people just bid without intention to buy ? Like some ahole just messin with auction
That is very well possible(I do that a lot in ebay to inflate the price and don't buy them and the item goes unsold!!! ) So whoever want to participate in the auction deposit a reserve of say 1 or 2 btcs.
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nismhjt
Newbie
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Activity: 32
Merit: 0
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April 18, 2014, 05:16:15 PM |
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When people do the math, and realize what promotional power 15% of NEM (>5000 BTC), plus over 1000 unique stakeholders will bring to future value, I see these stakes at auction going for a mega-shit-ton. Then, this makes the 15% worth even more. Its an amazing idea. 10 BTC easy!!
We will see how the market will decide it. Bur remember NEM is not launched yet and has not prove anything yet. I sold my co-worker a Spike energy drink for 5 NEM two weeks ago, retail is $2.50 so current conversion rate of 1 NEM = .50 USD That's fact. 4000000000*0.5 = 2 billion USD. A 1/3rd of BTC. Hmm very optimistic. so all the stakeholders are worth half a million USD now
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Touque
Member
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Activity: 94
Merit: 10
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April 18, 2014, 05:25:47 PM |
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very optimistic. so all the stakeholders are worth half a million USD now
Exactly. Some people are naive and like to image to be rich without hard work and bumpy road. Wake up!
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patmast3r
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April 18, 2014, 05:26:43 PM |
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When people do the math, and realize what promotional power 15% of NEM (>5000 BTC), plus over 1000 unique stakeholders will bring to future value, I see these stakes at auction going for a mega-shit-ton. Then, this makes the 15% worth even more. Its an amazing idea. 10 BTC easy!!
We will see how the market will decide it. Bur remember NEM is not launched yet and has not prove anything yet. I sold my co-worker a Spike energy drink for 5 NEM two weeks ago, retail is $2.50 so current conversion rate of 1 NEM = .50 USD That's fact. made my day
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upekha
Full Member
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Activity: 183
Merit: 100
TDTPJR-P5SGXY-UU2OS6-BPTUV4-NJYQFT-6CWYZP-IA2W
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April 18, 2014, 05:26:51 PM |
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When people do the math, and realize what promotional power 15% of NEM (>5000 BTC), plus over 1000 unique stakeholders will bring to future value, I see these stakes at auction going for a mega-shit-ton. Then, this makes the 15% worth even more. Its an amazing idea. 10 BTC easy!!
We will see how the market will decide it. Bur remember NEM is not launched yet and has not prove anything yet. I sold my co-worker a Spike energy drink for 5 NEM two weeks ago, retail is $2.50 so current conversion rate of 1 NEM = .50 USD That's fact. 4000000000*0.5 = 2 billion USD. A 1/3rd of BTC. Hmm very optimistic. so all the stakeholders are worth half a million USD now slavery again!!
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NEM - New Economy Movement
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