Consider that there are a lot of POS coins that distribute stakes at no cost and they are sold at 1 - 2 btc after 1 week. The Majority have no innovation, no major plans, no real long term looking community, no no dev team and a lot of other problems. If people understand the difference between signal and noise and the immense potential that lays in this project then I think the price will be easily well above 3 btc, maybe around 5 - 10 btc or more.
Now there are a lot of fake Nem supporters that try to spread a wrong message about Nem and its price with the hope of buying it very cheap.
In any case we must not forget that a lot of time, energy and effort has been put into this project and without a doubt there will be some real whales who will pay real money to get some more Nem stakes. This project is very different from the average clone or shitcoin, just look the the demographics of this great community, at the projects being developed(https://trello.com/b/GEWEPSZJ/nem-promotion) and draw some conclusions.
Now there are a lot of fake Nem supporters that try to spread a wrong message about Nem and its price with the hope of buying it very cheap.
In any case we must not forget that a lot of time, energy and effort has been put into this project and without a doubt there will be some real whales who will pay real money to get some more Nem stakes. This project is very different from the average clone or shitcoin, just look the the demographics of this great community, at the projects being developed(https://trello.com/b/GEWEPSZJ/nem-promotion) and draw some conclusions.
Problem with IPOs is that there are lot of speculators that invest and that are looking for short time gains
and those people will likely dump the coin soon as possible because in their heads
at the end is all calculated in FIAT
It would be wise for NEM stakeholders to distribute the coin gradually by offering bounties
for projects to build applications and services and infrastructure that will use the coin
and not just sell the coin for dirty cheap or dirty expensive.
Ask your self what can you do with 1M NEM what business could you start what service or application
can you make and not just how to sell (dump) the coin.
People please stop thinking only in terms of FIAT (MarketCrap,USD,EUR) and try to understand a bigger picture
how crypto currency can save us from the current state of things and from the power of the few
and give us more economic freedom.
A man without economic freedom is not a free man.
Just my 2 NEM
Totally agree.
I think it would be also very important to set up a starting price from which the auction should begin(eg. 5btc) and value all the innovation and hard work of the dev team and the community that has been put into this project up until now.
In other words we should set a valuation for NEM and auction should start from that price letting the market decide how much the price should go up. This is the way all the smart projects are doing it.
