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MMNXT - market making and arbitrage fund for NXT AE. singapore
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Author Topic: MMNXT - market making and arbitrage fund for NXT AE.  (Read 234374 times)

ProphetOfProfits

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Re: MMNXT - market making and arbitrage fund for NXT AE.
« Reply #1120 on: November 06, 2016, 08:30:20 pm »

There have been a lot of interesting movements in MMNXT lately. Following the 1000%+ run in June, there have been a series of smaller pumps followed by slow declines. Youll notice that the pumps have had high volume with a high proportion of buy orders, while the falls are slow with very low volume. To me this seems like someone is scooping up a bunch. In addition, there are just 40 btc in sell orders until MMNXT hits 400% return. The coin has held strong at 10k satoshi. All this points toward interest in MMNXT. If MMNXT were to revive development, we as a community could see huge gains in that value of MMNXT.

I was wondering who the latest developer was as I may be interesting in working with them to revive this project as interest still seems strong and profit margins of such an announcement and endeavor would be large. Feel free to PM me if you are interesting in working toward reinvigorating this project, especially if you were a former dev.
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gvans

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Re: MMNXT - market making and arbitrage fund for NXT AE.
« Reply #1121 on: November 06, 2016, 09:19:58 pm »

@ProphetOfProfits EIX and MMNXT has been merged into a new asset NEXT.
https://nxtforum.org/index.php?topic=10789.0
So MMNXT has not been receiving dividends anymore and the project continues under NEXT-asset now.

MMNXT is being pumped at Polo randomly, it's pure gamble conducted by unknown pumpers whales whatever, totally irrational imo except for the few that may make some btc.
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ProphetOfProfits

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Re: MMNXT - market making and arbitrage fund for NXT AE.
« Reply #1122 on: November 06, 2016, 09:52:41 pm »

@gvans But its still convertible for next? Right? Plus, the merge to NEXT gives no true reason as to why MMNXT itself cant be revised. Theres no reason two coins cant provide the same service. If anything one dev may believe they could provide better service with MMNXT than is being currently provided with NEXT.

It seems as though a ton of pre pump accumlation has gone on which leads me to believe something is new or will happen.

@ProphetOfProfits EIX and MMNXT has been merged into a new asset NEXT.
https://nxtforum.org/index.php?topic=10789.0
So MMNXT has not been receiving dividends anymore and the project continues under NEXT-asset now.

MMNXT is being pumped at Polo randomly, it's pure gamble conducted by unknown pumpers whales whatever, totally irrational imo except for the few that may make some btc.
« Last Edit: November 06, 2016, 11:06:46 pm by ProphetOfProfits »
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tersagun

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Re: MMNXT - market making and arbitrage fund for NXT AE.
« Reply #1123 on: December 02, 2016, 06:52:13 am »

If a developer wants to take over and run MMNXT, he can as well create his own asset anyway. Why take over a dead and pump&dump project?
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seba

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Re: MMNXT - market making and arbitrage fund for NXT AE.
« Reply #1124 on: December 06, 2018, 03:46:07 pm »

 ???
« Last Edit: January 28, 2019, 08:13:09 pm by seba »
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