Most people only look at Stellar's available market cap and at $3 million it's smaller than what NEM's will be on launch day. As well people seemed to stop caring about Stellar when they cut back on the amount given. Air drops also lead to inequality as most dump for next to nothing and a few rich hands buy it all up.
I think there is merit in your price observation. Many people care about the price of something, even though it's meaningless (market cap and percentage is more important).
Doge had a ridiculous supply and yet many bought it just for the "much wow much millions"
Bitcoin's total supply is small but that number was selected, in context, back in 2009 for something that may had not gone anywhere.
I think it's different today where the concept has been proven but the execution has been marginal. I feel more could be done to expand the userbase.
The main complaint you hear by mainstream Joe is that an individual Bitcoin is too expensive for him / her. These complaints especially surfaced in 2014.
Even this complaint could hypothetically be applied to NEM someday.
Bitcoin only has 500K-2M users when this technology of digital currencies could have 100 million to 1 billion users within 10 years.
In context of say digital currencies being worth $trillions, NEM could be the front runner or one of the runner ups and could hit $100. $100 very well could be a psychological barrier for mainstreet Joe
https://bitcointalk.org/index.php?topic=654845.msg9250839#msg9250839
190 x 21? What about these numbers?
https://bitcointalk.org/index.php?topic=654845.msg9250839#msg9250839
The hate for 4 comes from the pronuncination of 4 (= 四 [s
It does seem 70% is in favour of some change but this is a small pool and there could be a lot of apathy on this subject
It does seem 70% is in favour of some change but this is a small pool and there could be a lot of apathy on this subject
Considering the vast amount of different voting options people might just not like either of them.
Maybe they want a change but not freaking doubling the supply.
Changin the amouint is one thing. Doubling the amount especially this close to launch is imho nothing but - sorry to be so blunt - idiotic.
It's also not like the first thing people will hear about it is that there are 4 billion. It won't show up anywhere. Burn a single NEM after launch and it won't even show up on cmc.
People have put a price on NEMStake with a total of 4 billion in mind. If we double that now some will know and will immediatly lower their price. Others won't know and will think that it's just NEM sucking. It will do nothing but raise havoc.
I'm all for giving the community a voice but some decision shouldn't be up for vote.
So everyone was against a very minor and slow inflation but doulbing the supply willy nilly is cool ?
This made me vote for 4 billion. But there are definitely some good reasons to change it to 8 billion.
I don't know. Nobody can foresee the future and so we just don't know what would be better. Difficult decision.
8 Billion ist too much!! The best for NEM is 3 billion!!!
8 Billion ist too much!! The best for NEM is 3 billion!!!
I would really appreciate if people don't just tell whats better but also give reasons for their thoughts.
Hello i am new to Nem Forum as a NXT AE Asset Holder. I think it's a psychological thing. If i have a 1 Million Stake i wanna sell lesser than if i have a 2 Million Stake! So my guess is that our volatility grows with the number of NEM.
So for me:
More NEM = more price movement = eventuelly better distribution (or some big whales buy big ammounts of the dumps)
4 Billion NEM = lesser dumps
So i voted for 4 Billion NEM.
Price rises at NXT AE! last price: 46'888.00 NXT
https://bitcointalk.org/index.php?topic=654845.msg9250839#msg9250839
if we still want change the quantity, I suggest the number 3.99 billion,because 3.99 billion =21 million*190.
and 21 million is bitcoin quantity, while 190 is a good number in China, it means live long, bitcoin*190 will means we can live longer than bitcoin.
and 9 means forever in China culture.
Also everyone still know NXT's original 21 btc investment.
And in current important time , we just multiply to 8 billion will be considered not serious about our NEM.