I will indeed Kod > Holding lol 
smart thinking getting those. You must have got them very early on.Not nemco.in lol
Topic: NEM Official Non-Moderated Thread [Updates & Discussion] - page 3. (Read 75645 times)
Not nemco.in lol
I will indeed Kod > Holding lol
Lol i forgot i had these , never got round to using them 
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Domain nemco.in is for sale.
Anyone have offer please PM me!
Anyone have offer please PM me!
Ok, I'm thick , what do you mean by 'sending a stake back to issuer' ?. Do you mean you have to make your self an account number on client and then send that number as a pm from btt account to an account somewhere?
He's referring to people who have NEMstake token on the NXT Asset Exchange. The "issuer" means the asset issuer, or the person responsible for handling NEMstake on the NXT AE who originally distributed them in the first place.
I suppose by matching your NXT address with a NEM address they can see how many stakes you sold back to the issuer and therefore how much NEM you are due after launch.
Ok fair enough but I was just talking about normal initial stakes.
Ok, I'm thick , what do you mean by 'sending a stake back to issuer' ?. Do you mean you have to make your self an account number on client and then send that number as a pm from btt account to an account somewhere?
He's referring to people who have NEMstake token on the NXT Asset Exchange. The "issuer" means the asset issuer, or the person responsible for handling NEMstake on the NXT AE who originally distributed them in the first place.
I suppose by matching your NXT address with a NEM address they can see how many stakes you sold back to the issuer and therefore how much NEM you are due after launch.
Just getting caught up - besides the 6-stake sock puppet issue, which seems to be minor, or at least to have passed - why is the price going down? Is there anything else depressing it, or was that it?
Our price falls along with the NXT price as NEMStake is exclusively traded on the NXT AE and it's value is determined in NXT.
Question becomes:
Why price of NXT is falling?
Alt prices are falling
nxt rising + nem falling + btc rising = ?? this is some strange chain reaction happening there
It really depends on what you are valuating it against. NXT? BTC? FIAT?
1) high minimum amount of crypto required to buy - large amount of small buyers cut out
2) only traded against nxt - excludes many who don't want use nxt/don't know how + makes it difficult to trade from any other alt to nem.
3) nxt isn't traded on any high volume trusted exchanges - further restrictions
4) traded in tenths so even those with a large amount still have left over nxt that would otherwise have been used to buy nem.
5) as nem rises in value so does the minimum buy in - amount of left over nxt grows exponentially as nem rises in value
Conclusion:
Nem is undervalued by total amount of nxt + btc + alts + fiat that can't make It into nem due to restrictions mentioned above. And the amount not in nem will only grow as time passes as the minimum buy in rises.
I'm not even counting the the lack of nxt/nem<>fiat pairs.
Nem is severely undervalued imo and the higher the market cap goes, the more undervalued it becomes.
Once nem hits major exchanges first week of launch, 90% of the restrictions will be lifted and Nem will correct the undervaluation. Combine that with the confidence gained due to it fully launching + if any major features are released.
I'm seeing multiple lunar landings in a row after all this plays out.
I can't f*%king wait lol
Love your reasoning and optimism....hope it plays out that way..
How would an automated distribution of stakes work...as mentioned earlier...anyone know?
as a stake holder I too would like an answer to this, but wait we must I guess.
Ok, I'm thick , what do you mean by 'sending a stake back to issuer' ?. Do you mean you have to make your self an account number on client and then send that number as a pm from btt account to an account somewhere?
my guess is we send our stake back to issuer before genesis block with an address which then gets put in genesis block hey presto automated distribution. No different from posting a nem address on a thread.
What if all the stakeholders don't send their stakes back in time? It seems like this could delay the launch tremendously.
Maybe NXT NEMstake can be converted to NEM NEMstake, which can then be converted into NEM at the stakeholder's convenience.
Or you can incorporate both methods; the first for the timely participants and the second for the laggards.
Just getting caught up - besides the 6-stake sock puppet issue, which seems to be minor, or at least to have passed - why is the price going down? Is there anything else depressing it, or was that it?
Our price falls along with the NXT price as NEMStake is exclusively traded on the NXT AE and it's value is determined in NXT.
Question becomes:
Why price of NXT is falling?
Alt prices are falling
nxt rising + nem falling + btc rising = ?? this is some strange chain reaction happening there
It really depends on what you are valuating it against. NXT? BTC? FIAT?
1) high minimum amount of crypto required to buy - large amount of small buyers cut out
2) only traded against nxt - excludes many who don't want use nxt/don't know how + makes it difficult to trade from any other alt to nem.
3) nxt isn't traded on any high volume trusted exchanges - further restrictions
4) traded in tenths so even those with a large amount still have left over nxt that would otherwise have been used to buy nem.
5) as nem rises in value so does the minimum buy in - amount of left over nxt grows exponentially as nem rises in value
Conclusion:
Nem is undervalued by total amount of nxt + btc + alts + fiat that can't make It into nem due to restrictions mentioned above. And the amount not in nem will only grow as time passes as the minimum buy in rises.
I'm not even counting the the lack of nxt/nem<>fiat pairs.
Nem is severely undervalued imo and the higher the market cap goes, the more undervalued it becomes.
Once nem hits major exchanges first week of launch, 90% of the restrictions will be lifted and Nem will correct the undervaluation. Combine that with the confidence gained due to it fully launching + if any major features are released.
I'm seeing multiple lunar landings in a row after all this plays out.
I can't f*%king wait lol
Love your reasoning and optimism....hope it plays out that way..
How would an automated distribution of stakes work...as mentioned earlier...anyone know?
as a stake holder I too would like an answer to this, but wait we must I guess.
Just getting caught up - besides the 6-stake sock puppet issue, which seems to be minor, or at least to have passed - why is the price going down? Is there anything else depressing it, or was that it?
Our price falls along with the NXT price as NEMStake is exclusively traded on the NXT AE and it's value is determined in NXT.
Question becomes:
Why price of NXT is falling?
Alt prices are falling
nxt rising + nem falling + btc rising = ?? this is some strange chain reaction happening there
It really depends on what you are valuating it against. NXT? BTC? FIAT?
1) high minimum amount of crypto required to buy - large amount of small buyers cut out
2) only traded against nxt - excludes many who don't want use nxt/don't know how + makes it difficult to trade from any other alt to nem.
3) nxt isn't traded on any high volume trusted exchanges - further restrictions
4) traded in tenths so even those with a large amount still have left over nxt that would otherwise have been used to buy nem.
5) as nem rises in value so does the minimum buy in - amount of left over nxt grows exponentially as nem rises in value
Conclusion:
Nem is undervalued by total amount of nxt + btc + alts + fiat that can't make It into nem due to restrictions mentioned above. And the amount not in nem will only grow as time passes as the minimum buy in rises.
I'm not even counting the the lack of nxt/nem<>fiat pairs.
Nem is severely undervalued imo and the higher the market cap goes, the more undervalued it becomes.
Once nem hits major exchanges first week of launch, 90% of the restrictions will be lifted and Nem will correct the undervaluation. Combine that with the confidence gained due to it fully launching + if any major features are released.
I'm seeing multiple lunar landings in a row after all this plays out.
I can't f*%king wait lol
Love your reasoning and optimism....hope it plays out that way..
How would an automated distribution of stakes work...as mentioned earlier...anyone know?
