/biz/ - Business & Finance

[Anonymous No.10890016]

Who here is going to /makeit/

[Anonymous No.10890251]

no luck in the lottery

[Anonymous No.10890273]

>>10890016
Me because NKN will be the most traded coin on NEX

[Anonymous No.10890280]

>>10890016
not you

[Anonymous No.10890281]

>>10890016
Not you

[Anonymous No.10890287]

>>10890016
I have 17 allocations for this bad boy

Unironically spending all the money I have left in fiat I took out to buy this shit

6x and im at 100k already

3x and im at 51k

What should I buy with all my moneys?

Also to note, there are people paying 2.5-3 eth each for a round 1 allocation to NEX. People paying 60-85% over ICO price just to get a spot for this shit.

[Anonymous No.10890297]

>>10890281
made me think

>>10890287
nice friend, good odds you get a second round allocation in there too. I have 3 and will be staking all for 2 years.

[Anonymous No.10890309]

>>10890281
holy fucking kek

[Anonymous No.10890316]

>>10890016
I made a formula to compute the dividends per year based on the 24H volume NEON exchange can receive:

Dividends / Year = 0.01 * 24H Volume

If we assume a 5% dividend rate (like Kucoin for example), the token price as a function of 24H volume is:

Token Price = 0.2 * 24H Volume

-------------------------------------------------

Assuming 50M 24H volume:
Dividends / Year = $0.5
Token Price = $10.00

-------------------------------------------------

Assumptions:
-NEX is staked for 2 years (75% rate applied)
-Fees taken from the exchange is 0.19%
-5% dividends rate

-------------------------------------------------

Conclusions: BULLISH, to break-even on ICO price of $1, the minimum exchange volume (24H) should be ~$5M.

[Anonymous No.10890341]

>>10890316
so what you are saying is just to break even, they would need 5M volume traded per day?

You do realize coinbase pro only does like 20-30M average daily in this bear market right?

[Anonymous No.10890369]

>>10890341
*coinbase pro isn't a dex, plus 90% of people that buy from coinbase just hold it on there, they aren't really traders.
*any of the payment systems used on nex go through the dex, adding to the volume
*coinbase has 5 coins, nex will have NEO, neo tokens, ETH, eth tokens at launch, BTC and other chains by year end.

[Anonymous No.10890387]

>>10890369
I mean... Switcheo only gets like 500k a day...

[Anonymous No.10890408]

>>10890387
switcheo is a meme. They don't have bots/ trading apis which makes up most volume on exchanges. NEX will have top of the line apis

[Anonymous No.10890419]

>>10890281
>>10890280
hive mind

[Anonymous No.10890427]

>>10890408
I agree. Man you're making me really excited about NEX.

How much do you think itll come out from the gate? x3?

I don't think NEX will be traded on any other exchanges though, it think we are going to have to wait for NEX platform/trading to come out to use our NEX tokens.

[Anonymous No.10890467]

>>10890427
yea that is the only problem is that because it is a security it wont be listed on typical exchanges. I don't know which ones can list them yet. But once nex gets their license to trade securities, we booming.

[Anonymous No.10890657]

>>10890341
Yea but this is meant to be a super exchange so 5m would be easy peasy id hope

[Anonymous No.10890718]

>>10890657
lmao. who else here remembers coss? the only way for ANY exchange coin to pump is if binance shuts down. and that won't be happening this century.

[Anonymous No.10890746]

>>10890718
>comparing nex to coss

[Anonymous No.10890754]

>>10890718
I’m not deluded like other NEXers, I totally see where your coming from.

We will see what happens, the NEX team don’t seem like pajeets and seem technologically fit to product what they say they will.

[Anonymous No.10890781]

I have allocation but not sure if worth it in this market. x2 would be amazing.

[Anonymous No.10890800]

>>10890781
people are already buying for 2.5x otc

[Anonymous No.10890885]

>>10890800
Not really saying anything, i've seen something similar alot of times and it dumped hard on exchanges.


X2.5 will put it on 100m market cap(37.5m marketcap with 1$ valuation), more than Holo and almost the same as WAN and AION

[Anonymous No.10890978]

>>10890016

How get tokens? I didnt get in lottery. What’s the best strategy for getting tokens early if you missed the sale?

[Anonymous No.10891004]

>>10890978
All ICO tokens will be distirbuted by mid-sept.

Keep an eye out for exchanges that list it early. Best to get in the community telegram channel (google neon exchange telegram).

[Anonymous No.10891029]

>>10891004

Cool, good idea

[Anonymous No.10891036]

>>10890316

>Dividends / Year = $0.5
Never going to happen. This means a ROI of 50 %. .$ 0,1 would be amazing.
Check out the volume of dexs. IDEX, Kyber etc. Iam bullish on NEX, but these numbers are way too off.
>Token Price = $10.00
20 x valuation of ROI, could be. I see it at 10 x cos it is crypto. not really a proven safe investment industry.

[Anonymous No.10891081]

>>10890016
I have 25 accounts that Im maxing out. Will I make it?

[Anonymous No.10891148]

>>10891036
$0.5 a year assumes NEX can get $50m daily volume. That’s more of a long term goal.

Short term we can use IDEX and other DEXs.

If we assume IDEXs volume, it’s $0.02 a year, correlating to about $0.4 a coin.

Keep in mind upon release there is no exchange yet so it’s all speculation.

[Anonymous No.10891154]

There's no thing such as telegram nex group, only Twitter, Reddit and medium.

Neonexchange.org

It's a security token, only gonna be traded in neonexhange.

[Anonymous No.10891240]

[Anonymous No.10891270]

>>10890885
only 25M cap with circulating supply, so it will be 25M on CMC. That's all that matters right now.
>>10891004
Tokens are minted the moment you send the NEO/GAS bro
>>10891036
NEX isn't going to be like IDEX, Kyber, or other exchanges like that bro. There is a reason it's only competitor is going to be coinbase. It will serve as a fiat gateway for the European Union (signed Lichtenstein registered security). which means any country in the european union, will be able to invest through NEX with their own fiat money.

They said 5 trading pairs will be launched I believe during platform launch. I will expect BTC, ETH, LTC, NEO, and maybe XRP or something else.

Think of it like this: Coinbase, but you control your own keys.

[Anonymous No.10891392]

>>10891270
Hence why I said by mid sept all the coins will have been minted.

Nice explanation, good overview of why NEX is hyped

[Anonymous No.10891442]

>>10891004
>Keep an eye out for exchanges that list it early
It's officially a security, listing would in most cases be illegal

[Anonymous No.10891458]

>>10891270
>NEX listing XRP
You don't know those guys at all, do you

[Anonymous No.10891832]

>>10891458
it was just an example that they will list top volume coins possibly thats all

[Anonymous No.10892528]

will this help NEO surge in price?

[Anonymous No.10892551]

How did the lottery work? And how much was the sale for if you go in the lottery?

[Anonymous No.10892956]

>>10890316
Not to mention perspective value.
I had a similar formula. I can honestly forsee 15$ at launch

[Anonymous No.10892972]

>>10890387
try sub 100K. Switch is good but it will never be large

[Anonymous No.10892981]

>>10892551
there are 2 rounds in the lottery, round 1 is $1000 for 1000 NEX

after that, another lottery happens for the people who filled the first round for tokens that didnt get sold. People who win that get to contribute another 9k for 9000 NEX

[Anonymous No.10892983]

>>10890369
And forex and other securities plus theyre talking about potential for NASDAQ's

[Anonymous No.10892999]

>>10890427
Accurate on where to buy tokens.
They've mentioned their competition is coinbase and banks.. not other exchanges. PLUS, look at the neo/gas pump at the release of the ico date... is that not an indicator of how insanely anticipated this is??

[Anonymous No.10893013]

>>10890718
poloniex and bittrex were dwarfed in a year by binance. things change in crypto real quick

[Anonymous No.10893029]

>>10892999
Nex is the one thing, the other is all nep5 will moon and bring someone special to the cryptoworld. The fucking golden bull.
Nex is bigger than futures, bakkt and your mother combined cause nex is crypto and not swamp like the other

[Anonymous No.10893042]

>>10890885
Doubt people will be trading it once the exchange comes out... people will be locking it up for those sweet dividends. Cap will be maybe 10M x price... with such a low circulating supply the price could be north of double digits. Not to mention whales scooping up large blocks to A) control the market and B) Collect thousands on dividends a month

[Anonymous No.10893052]

>>10890978
Or OTC. keys. which are already going for x2+

[Anonymous No.10893068]

>>10891081
If NEX was 40$ USD you'd be a millionaire

[Anonymous No.10893081]

>>10891148
Thing is, the formula is missing "Where NEX is =>1.. Because why would anyone sell under ICO price? Lottery and then just dump bags? Makes no sense

[Anonymous No.10893114]

>>10892528
It did the moment ICO date was set

[Anonymous No.10893244]

Only 2 allocs rip

[Anonymous No.10893284]

>>10893081
Depends, if the value of the token based on the exchange volume is small enough, the price will have no reason to stay propped up above ICO (see coinbene, KCS, ect)

[Anonymous No.10893309]

>>10893081
Oh yeah right...that would be the first one why people would sell below ICO price. lmao

[Anonymous No.10893686]

where can i sell my round 1 spot?

[Anonymous No.10893699]

>>10890800
bro where? i wanna sell mine

[Anonymous No.10893807]

where the fuck i can buy next i cant buy it

[Anonymous No.10893847]

>>10893807

[Anonymous No.10893872]

This is going to be qash all over again.

[Anonymous No.10893896]

>>10893872
Boi you'd wish you had qash for September

[Anonymous No.10893960]

>>10893872
Except platform is gonna be “SICK BRO”

Gonna be so stupid rich omg

[Anonymous No.10894003]

>>10893699
In telegram groups people sell allocations from 0.5 ETH to 5 ETH

>>10893042
Circulating supply is 25-40m, x10 is between 250-400m marketcap, more than fucking Zilliqa. I think i'll participate but if i see x2 gains in this market i'll take it right away.

[Anonymous No.10894043]

>>10894003
Which groups? Link me

[Anonymous No.10894249]

>>10894003
NEX should be worth more than Ziliqa though... they will have a product in a month, ZIL is a meme

[Anonymous No.10894274]

>>10894003
A chink team versus a European team with a security token registered with the European union.

Lol

[Anonymous No.10894314]

how will nex be successful if it's build on shitcoin neo and sells shitcoin neo oppspring

[Anonymous No.10894315]

NEX got regulated by FMA of Liechtenstein

>The Financial Market Authority (FMA) Liechtenstein supervises capital-market-related activities in and outside of Liechtenstein. Although Liechtenstein has, thus far, not had its own regulated market (stock exchange) within the meaning of the European regulations, it does have companies and market participants (whether as supervised intermediaries or supervised products), which are admitted to trading on a European stock exchange or a stock exchange in a third country (e.g. Switzerland).

NEX can be listed on european stock exchanges.

[Anonymous No.10894403]

>>10894249
>>10894274

Zilliqa is the only legit project that came out this year (or maybe since 2015 really). Nex is garbage centralized dex, another flip coin like Quark/Wan were, only this time i'm not sure if it'll bring amazing ROI considering the market condition.

Aggressively Shilling nex on /biz/ won't give you much anyway guys..

[Anonymous No.10894451]

>>10894043
2 friends of mine bought it, one for 1ETH few weeks ago and one for 1.5ETH this week, i'm not sure at which group they bought it but you can try this one: t.me/MarketICOBOG

[Anonymous No.10894501]

Selling my first round spot for 1 ETH