So, let me get this straight
1,000,000,000 (1 billion) initial coins
73 initial adopters
so roughly 13.7 Million each (assume equal distribution)
at 21 BTC Total
0.000000021 BTC per coin
current market rate is about 0.00008500
So, its thats about 4,000x, or 400,000% more what the early adopters paid for? And it has only been a month? Are you serious? 400,000% returns? Now, this sounds too good to be true.
Am I missing something? So, at the only exchange trading Nxt, us regular folks have to pay 400,000% more than what early adopters paid for? Too bad fools can't do simple math. Correct me if I'm wrong!
I went to put an order in for 0.00000300, (That's still 14,200% more than what early adopters paid for), and the exchange WOULDN'T let me, saying that I can only put an order at maximum +/- 30% of last hours price... WOW
Does anyone want to sell me some Nxt's at 0.00000300 each? PM me, since I can't even put the order in on the exchange.
Seriously, I hope people are doing some maths on these numbers and aren't just buying these blindly. I'm all for great ideas, and this sounds great on the face of it, but 400,000% returns in a month is unreal. Prove me wrong.
The math is quite simpleBefore pre-launch: 1 BTC ~~ 50M NXT
Right after pre-launch: 1 BTC ~~ 1M NXT coz risk went down
Alias System was launched, DDoS attacks were counteracted, bugs were fixed... All these things increase confidence in success of Nxt. Higher confidence == higher price.
Before pre-launch: 1 BTC ~~ 50M NXT
Right after pre-launch: 1 BTC ~~ 1M NXT coz risk went down (50x less)
1 mo after pre-launch: 1 BTC ~~ 0.01M (5000x less)
YOU GUYS. 5000,00% return in 1 month, are you nuts.
Well if there is a market demand for it at a current price then the price/supply will match the market demand. Currently it looks to be the case, although there may be a dip sooner or later, who knows.
Also imo the BitCoin argument isn't much because since BitCoin was first to the market, most people didn't know what BitCoin was about. It took BitCoin a while to gain popularity until they started getting articles covering it. Which led to other coins exploding in popularity and investments as well. Which from what I have gathered reading the forums, other's noticed as well. I didn't even know much about BitCoin till a little over a month ago, when I got interested as a result of a few investment articles.
Just look at how BTC rocketed from around $100 to a peak of around $1200 in a month.
The main point is, Don't invest in it if you don't believe in it. If more people don't invest then the price will reach the demand for it.
