Nxt Forum
Nxt Discussion => Nxt Monetary System => Topic started by: Tempest on February 02, 2015, 11:51:43 am
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Selling 10k Uranium @ 0.02 - Visit Exchange Booth
(http://i.gyazo.com/95495ec50ae365a80342e6d8e2ea22ae.png)
Thread will be updated with various offers.
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Not a good move IMO
10000 @ 0.02
Will effectively make minting this un-profitable,
At the moment to make profit from this you need to mint 50 at a time and then sell for 0.1 and even then you only make 3NXT profit after fee's
With you now selling @ 0.02 you have to mint in lots of 200 and then you profit 2 NXT after fee's
I shall be pulling out of this currency now
Cheers
Mark
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Not a good move IMO
10000 @ 0.02
Will effectively make minting this un-profitable,
At the moment to make profit from this you need to mint 50 at a time and then sell for 0.1 and even then you only make 3NXT profit after fee's
With you now selling @ 0.02 you have to mint in lots of 200 and then you profit 2 NXT after fee's
I shall be pulling out of this currency now
Cheers
Mark
This won't permanently lower the price however it will create momentum in trading and once my order is filled, others will sell for a higher price.
I'm just gaining attention to the coin.
By the way, I can mint 100 at a time with a horrible CPU and GPU, that's the beauty of low difficulty :P
Come back in a day, I'll be offering more 'buy orders' to increase the price. This time at '0.03' as an instant profit for those who buy the 0.02 coins.
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I'm not having a go by the way, as I said in my other post I think it's great your active.
Its not profitable for me with the parameters I set out to mint, that's not to say others have diferent parameters to me.
I shall keep an eye on this and mint again when they are selling @ around 0.1
Cheers
Mark
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I'm not having a go by the way, as I said in my other post I think it's great your active.
Its not profitable for me with the parameters I set out to mint, that's not to say others have diferent parameters to me.
I shall keep an eye on this and mint again when they are selling @ around 0.1
Cheers
Mark
I completely agree with you, after a while, hopefully orders will start flowing.
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By the way, you cannot mint more than 175 at a time. At least I got an error that "you cannot mint more than 1/10000 of the total supply at once".
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no orders to buy, only for sale >:(
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no orders to buy, only for sale >:(
Are you surprised ?
The OP effectively de valued this coin down to 0.02 when he put up his buy wall, buyers got them cheap and minters stopped minting as it was un-profitable , sad really because the OP almost did it all right.
Still having said that it may pick up
Cheers
Mark
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no orders to buy, only for sale >:(
Are you surprised ?
The OP effectively de valued this coin down to 0.02 when he put up his buy wall, buyers got them cheap and minters stopped minting as it was un-profitable , sad really because the OP almost did it all right.
Still having said that it may pick up
Cheers
Mark
Don't worry ;)
v2 is coming soon. I'll PM you and a few others to remind you when it's launched.
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no orders to buy, only for sale >:(
Are you surprised ?
The OP effectively de valued this coin down to 0.02 when he put up his buy wall, buyers got them cheap and minters stopped minting as it was un-profitable , sad really because the OP almost did it all right.
Still having said that it may pick up
Cheers
Mark
Don't worry ;)
v2 is coming soon. I'll PM you and a few others to remind you when it's launched.
okidoky :)
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no orders to buy, only for sale >:(
Are you surprised ?
The OP effectively de valued this coin down to 0.02 when he put up his buy wall, buyers got them cheap and minters stopped minting as it was un-profitable , sad really because the OP almost did it all right.
Still having said that it may pick up
Cheers
Mark
Don't worry ;)
v2 is coming soon. I'll PM you and a few others to remind you when it's launched.
What is v2?
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I would guess at it meaning version 2 of the coin.
Thanks
Mark
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Yeah but does that mean that it will be another coin release and this one will be obsolete?