Nxt and the rise to the top. - page 2.

tokeweed

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Quote from: EvilDave on November 05, 2015, 02:31:14 AM

The officially accepted definition of a liquid market is one in which 1% of the coins/tokens/porkbellies are traded per day.....by that definition, NXT trading is liquid right now, with a 24 hour volume of $87,000 on a market cap that bounces from $7-9 million. Hope it stays that way.....

Distribution is looking sweet as well: the last stakeholder to dump has been spreading the NXT around nicely, but she's just run out of NXT to give away.

Sure. But that's no excuse not to improve. A daily average trading volume of 87k USD just won't do in the long run.

EvilDave

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The officially accepted definition of a liquid market is one in which 1% of the coins/tokens/porkbellies are traded per day.....by that definition, NXT trading is liquid right now, with a 24 hour volume of $87,000 on a market cap that bounces from $7-9 million. Hope it stays that way.....

Distribution is looking sweet as well: the last stakeholder to dump has been spreading the NXT around nicely, but she's just run out of NXT to give away.

tokeweed

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Quote from: DecentralizeEconomics on November 05, 2015, 12:04:21 AM

Quote from: tokeweed on November 04, 2015, 11:34:51 PM

It would even be better if it falls further close to or slightly lower than the IPO price

Sub $2500 USD marketcap for NXT would allow a lot of us to acquire nice stakes. We can only pray.

Lol. Oh yeah... I forgot about that.

But you get the point.

What NXT really needs is to pick up in trading volume, even if it's coming from speculation. It makes more of an attractive investment knowing it is actively traded. Hopefully the lower prices would help.

DecentralizeEconomics

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Quote from: tokeweed on November 04, 2015, 11:34:51 PM

It would even be better if it falls further close to or slightly lower than the IPO price

Sub $2500 USD marketcap for NXT would allow a lot of us to acquire nice stakes. We can only pray.

tokeweed

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Quote from: box0214 on November 04, 2015, 09:55:40 PM

nxt seems pretty darn cheap at these prices. i guess it isnt rising to the top this year. Tongue

Personally, I think the falling price is a good thing for NXT overall. It would even be better if it falls further close to or slightly lower than the IPO price with the hope that the huge stake holders cash out some of their holdings, spreading the coins out even further. From there, the price could start picking up again with better distribution.

And it would become a more attractive buy for potential investors.

box0214

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nxt seems pretty darn cheap at these prices. i guess it isnt rising to the top this year. Tongue

DecentralizeEconomics

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barbierir

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TaunSew is obviously an anti-NEM activist that is trying hard to make NEM look bad by posing as a special retarded troll supporter Wink

The NEM community should not fall in the trap and distance itself from his actions that are intended to harm the coin.

box0214

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wow... if i wasn't sure, but it seems like he's really desperately pushing NEM hard on this forum.... good luck and god speed!

TaunSew

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Quote from: Nxtblg on June 29, 2015, 09:38:40 AM

Quote from: TaunSew on June 29, 2015, 04:02:59 AM

It's not too late to join the winning team. NEM No Envy Movement.

Well, I'll give you this: it's nice to see you show your hidden hand. The only thing that stopped me from buying NEM was price. When it sunk to 20'000 NXT on the AE, I was tempted to pick up a haunch - but stubborn old me waited for it to sink further to ~10'000. And sure enough: 20'000 was close to the low, after which it rebounded. Go figure.

Do you happen to know how much BTC it would take to buy enough NEM to make up a stake at today's (Polo) prices?

https://nxtblocks.info/#section/assets_exchange/market/12465186738101000735
(click the "all" button under the market tab)

NEMstake range was 15,000 to 50,000. Most people bought between 20,000 to 40,000 NXT, if you look at volume (mean based at volume peaks was probably around 30,000? That's a lot of number crunching for an otherwise immaterial exact number when an approximation is sufficient).

Today 2,225,000 XEM (equivalent to one NEMstake) can be sold for 1.35 BTC and that 1.35 BTC can approximate NEMstake-NXT: meaning 2.25M XEM = 27,000 NXT.

Nxtblg

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Quote from: TaunSew on June 29, 2015, 04:02:59 AM

It's not too late to join the winning team. NEM No Envy Movement.

Well, I'll give you this: it's nice to see you show your hidden hand. The only thing that stopped me from buying NEM was price. When it sunk to 20'000 NXT on the AE, I was tempted to pick up a haunch - but stubborn old me waited for it to sink further to ~10'000. And sure enough: 20'000 was close to the low, after which it rebounded. Go figure.

Do you happen to know how much BTC it would take to buy enough NEM to make up a stake at today's (Polo) prices?

TaunSew

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Quote from: JReag on June 29, 2015, 03:36:11 AM

Quote from: Este Nuno on June 29, 2015, 03:01:57 AM

That moment when UF and DE bond over their shared love of dank maymays.

I first started going to 4chan in 2004 and this is a bit much for me.

It's not too late to join the winning team. NEM No Envy Movement.

JReag

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Quote from: Este Nuno on June 29, 2015, 03:01:57 AM

That moment when UF and DE bond over their shared love of dank maymays.

I first started going to 4chan in 2004 and this is a bit much for me.

Este Nuno

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amarha

That moment when UF and DE bond over their shared love of dank maymays.

TaunSew

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DecentralizeEconomics

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Quote from: TaunSew on June 28, 2015, 11:23:30 PM

TaunSew

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DecentralizeEconomics

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Quote from: TaunSew on June 28, 2015, 10:25:15 PM

TaunSew

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yohanip

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A Programmer

I personally believe the value will rise as soon as public realize that everything decentralized will prove to be more secure.
The trust-less system is the key point IMO, the 3rd party developments based on nxt, the dedication of the devs is the one which will bring it to the moon

Topic: Nxt and the rise to the top. - page 2. (Read 13417 times)