Topic: [NEM] NEM -New Economy Movement - No Envy Movement - Updates+Discussion thread - page 93. (Read 661498 times)

That's  incorrect. 1 Nemstake = 1 million NEM. 1/10 stake (100.000 NEM) is the smallest unit you can trade in asset exchange.

That's  incorrect. 1 Nemstake = 1 million NEM. 1/10 stake (100.000 NEM) is the smallest unit you can trade in asset exchange.

hello. One question:
Can i wait for launch and claim my stake directly in nemcoin with less hassle (one-click-solution) later or do i have to claim the stake via those tokens? Is claiming tokens obligatory? Do i miss out on something if i don't claim tokens? (i want to hold nem for longterm, no need to trade them immediately for me)
Do i understand right that claiming those tokens has the sole prurpose to enable trading before launch or did i miss something?
Thanks for short answer.

Of course there'll be a wallet but how does that claim your stake ? Anyone can use the wallet so you can't just include stakes in wallets.

Yes you can do it any time you wish between now and launch, but once 1000 stakes have been claimed in this way, no more will be issued and you will have to wait for nems real launch

Yes anyone can go on AE and buy or sell. But i dont think many people will sell much. My advice would be for everyone to sell a small amount of coins early on. And drip feed small amounts into circulation between now and coins launch. This will satisfy the demand, perhaps, increase distribution allot and allow for a steady price rise meaning a stable market with out pump and dumps. It will give many many new people to buy coins at a good price. I think the best thing to do is if you are going to sell coins. Dont dump on the market. Set sell orders for when alpha and beta test come out and more come coins launch. Prevent a massive rise really fast and you prevent the nasty fall back down after, giving confidence in the market for long term investors.

I dont agree with selling auction stakes on the market. The auction will allow big buyers to buy whole stakes off the market and not effect price levels by causing huge fluctuations. Big buyers buy at auction small buyers buy on nem. I think you would actually get a better price at auction too.  There wont be enoguh volume on nxt AE for buyers to buy up entire stakes never mind 2 or 3 stakes, with out pushing the price way above the value they want to buy at.

What should be done is list nem tokens, auction some stakes, then alpha, sell more stakes at auction straight away after alpha or during, then beta, then more auctions during or after beta. Then more auctions just before coins launch. Let the rise in demand be matched by the rise in supply resulting in a steady growth as the number of buyers will slowy over come the amount of people realising a small amount of profit to cover investment.

@zsdutbd

Im sure if there was enough demand and not near enough supply that more stakes would be released on AE. But i wouldnt say that many will be interested in doing this so early. Perhaps later more people will join.

thx
I thought there would be a nem-software to download later that would work similar like a bitcoin-wallet? No?

Sorry in advance, I didn't read carefully about Nem asset exchange token ,but I will later, of course.

A question- it means that after this point anyone can buy  there and hold 5-50 stakes of NEM officially? If yes-it is going to be between just current NEM stake holders or anyone can enjoy this market?

Of course, price of Nem token will be increasing in this case from day to day (EVEREDAY).

And why not, on the day when You would like to do auction, instead of auction, could sell rest of sockpuppets NEM stakes  like a Nem tokens with price on that day( I mean good market price) This is just like idea.

Cheers.

Whether any time I can be converted my stake  into NEM tokens before  NEM launch?

and there is written: "For current NEM stakeholders, if you want to have NEM stake asset tokens issued..."

"if you want" - so, it is only an option?  Not a must ?