It's all happening!!! NXT is on the rise across all exchanges.... peeps trying to save their 5%. Glad i purchased NXT early
So, if this trend continues throughout the IPO, it may very well be more beneficial to wait until the end of the IPO to purchase SuperNET tokens, depending on the ROI of NXT during this time period. This is going to be interesting, no doubt
why the end? isn't there a daily bonus, decreasing each day... or is that no longer?
Yes there is, but if NXT continues to become more valuable, you may be able to purchase more tokens towards the end of the IPO. I haven't done any math, was just thinking this may be the case
ahh right, the price of the token continues to rise as well to the end of the ICO as well right?
Yes, assuming you're buying tokens with NXT, as long as the ROI of NXT during the IPO is greater than the ROI of the tokens, it would be a better deal to purchase at the end of the IPO
EDIT: Obviously, the same would be true for purchasing with btcd. I can't let go of my precious btcd though
Cross-posting from NXTforum as I'd like some thoughts on this:
This seems to be the consensus.
But what about the people who buy NXT but don't care about SuperNET? Just regular traders - many of whom jump on a bandwagon, wait for one wiggly line on a chart to cross another, or let a bot do it for them? 14 days of consistent rises are surely going to attract their attention.
I can't work out whether they will spike NXT price, or whether the SuperNET purchases will drag them back down to the moving average. If the former, it would make sense for some whales to put up large walls on the exchanges. That will create some stability, let them cash out at a good price and improve the distribution problem we keep hearing so much about.
