Bitcoin Forum

I've decided to create a forum to let people vote for their favorite two alt coins.
XEM coin v.s. NXT coin.



XEM coin discussion thread:
https://bitcointalk.org/index.php?topic=654845.0

NXT coin discussion thread:
https://bitcointalk.org/index.php?topic=587007.0

Cast your vote below. . .

I own some of both. I feel more positive about xem 12 months from now.

NXT will always be tainted with its initial distribution.

at least NEM got that right, who knows though who will stand stronger in the long run...

Haha, wtf are you talking about.  Nxt was an open IPO for several months, not sure BCNext can control that only 72 people decided to invest.  NEM was founded by Utopian, who was caught with several sockpuppets registered to accept stakes in "fair distribution".  Who's tainted?

NXT will prevail ! :)

Good to see you Utopian!  Actually BCNext did verify all investors prior to releasing Nxt.

XEM :)

When Nem trolls talk about distribution, they conveniently forget to tell you that 71%  of coins are controlled by six people. See this thread

https://bitcointalk.org/index.php?topic=1022311

That's more than 5 billion coins not even released.  As more and more of these coins are released over the next six months, they will keep diluting the prices. Nem's actual marketcap is far lower than 1.2 million as these coins are not yet on market but included in the marketcap.

If anyone invests in Nem right now, they are most likely to lose their hard earned money.

The NEMorons are all a bunch of liars, cheaters, thieves and communists.

both.

you must be very, VERY frustrated and unsuccsesful in your personal life. I guess being with prostitute wasnt that satysfing as imagined, huh?  ;)

I'd vote for Bitcoin, but didn't see the option.

You are such a lying shit bag.  BCnext was a known sock puppet.  He got over half the NXT for himself.  There were like 70 accounts, but most of those are BCnext and if you trace the chain you can see how they tie together.  


We all know that coins started with newbie sockpuppet master accounts are scams.  

Good choice.

This rant is absurd. It's exactly the kind of shit no one cares about.

Today April 23, Most Users Online:

NXT Forum.... 84
NEM Forum...  17

Those are VERY bad numbers for NEM...
NEM should be a rocking beehive of activity 3 weeks after launch...
Instead it's a Ghost Town where people are discussing implementing very basic functions (like vanity addresses).

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

"By now the top 50 harvesters have harvested about 16000 blocks (58% of all blocks),
gaining ~612600 XEM, which at the current exchange rate is about $100."

Could it be worse than this?  50 "harvesters" control 58% of NEM... and there's no traffic.

https://forum.ournem.com/general-discussion/harvesting-is-profitable/

And got only 21 BTC total from that IPO...  Is that correct?

I was close to joining...  But didn't.  :(

XEM

XEM. It's just a few weeks old, in time it will grow.

Change title of thread to "what bag are you holding?" maybe better?

XEMtastic

I like them both.  I think NXT has better tech (actually the best feature set of any crypto anywhere) but NEM is much better positioned for the long run. 

But to answer the question asked by Pecunia, NXT use to be worth at its all time high over 100 million USD and is now down to 9.3 million USD. 

NEM for the most part has only made money for most investors.  Even those that bought high at launch or at high prices on the AE if they had other NEM from the initial offering are probably still up on the whole.  Actually NEM has very very few bag holders and is still basically at its bottom, much like NXT was too when it was only three weeks old and a million NXT could be had for a single btc.   

Okay......

Per the debate about distribution that everybody is having.  Here are the hard facts.  The real hard facts. 

74% of NXT is all held by 143 accounts (not far off from the original 70 that originally had 100%)  Or in other words 0.13% of NXT accounts own 74% of all NXT.  https://nxtblocks.info/#section/blockexplorer_distribution

74% of NEM is held by only 100 accounts, which looks worse until you release that almost 2/3 of that 74%, (e.i., half of all XEM) is money being held not by individuals but by funds held in multisig accounts set aside for massive development and ecosystem projects. http://blockexplore.in/search/richlist/  And when you exclude those special funds to fuel projects, what is left is one of the most amazing distributions of any crypto.  http://blockexplore.in/graphs/bubble-chart-no-dev/

Why would we exclude those  74%? They are included in the  market-cap. What that means is that price is going to get even lower as more and more of those 74% are sold, given away, released, etc.

You also keep ignoring that there are dozens of PoW and PoS coins (example,  Mintcoin, Crypti, node, etc)  that have same and even better distribution, but they are failing as there is no interest. Fair distribution is absolutely no guarantee of success. In fact, if you go by recent stats, coins launched by that "fair distribution" slogan (look for example NFD, or Auroracoin that had thousands of times bigger distribution than Nem)  are already dead.

The way of distribution can't decide the fate of any altcoin. The most important part is its feature and the dev team.NXT has more potential, which has a great dev team!

Actually distribution is directly correlated across alt coins and all economic systems.  https://www.youtube.com/watch?v=x23C1sQg6wQ

BTW, JL and Kushti at NXT are great devs, I agree with you on that for sure.  They both work extremely hard and are quite talented. 

They should have looked at counter examples. I already mentioned many. Node, Crypti, NFD, mintcoin, aroracoin. All of them had a better distribution but yet no marketcap. 

Only 1 in 10 votes for NEM should be counted because at least 90% of all NEM supporters are UtopianFuture sockpuppet accounts.

Next time you could ask. How many peole lost money on NXT and NEM, that would create very different picture. :D :D

Also you could ask how many people got scammed on NXT forum vs NEM forum :D :D that would be even more striking.

Just think about how terrible effects holding NXT has on people, many NXTers seemed to be OK people back in 2013, and now, they are turning into lonely frustrated trolls, like DegenerateEconomics. Just look at his posts, I dont wish anyone such a fate  :'(

Maybe it is not important how many people have the stakes but who those people are and with which aims they control part of the currency?

You liars, cheaters and thieves are the degenerates.

on me im more know nxt than xem , xem had showed down price again and again.

Hey man, when you will call us that, the hundredth and first time, it will actually become truth, really, it works that way.  :D :D :-*

Well, I own both, but yesterday I downloaded NXT client, and Im still downloading the blockchain... Average person wouldnt care. People who spend 2 hours a day on computer would have to download it for week.  ???

Average person would use one of the webwallets > no blockchain to download, just username/password login

E.G. https://wallet.mynxt.info/ (is available in Apple and Android flavors of App for your smartphone too)

so NEM is a NXT fork by some novices with no new features? Looks like a reson to hype.

NEM isn't a fork of Nxt. It was planned to be at one time but the devs changed their minds.

I think this poll shows why "fair distribution" is for speculators only.  NEM should have a thousand votes, but it doesn't.  When you give away crypto, you don't attract people who are interested in the technology, you only attract people who are interested in making $.  Nxt had to find it's own core team, it had to rely on it's own community to continue development.  It attracted people like JL777, nexern, Sergey (SAE), etc..  NEM has it's own core team from day one (which is great and highly accomplished) but it also creates a very passive community when it comes to tech involvement.  It creates a bunch of bag holders who don't have a sense of urgency to keep their crypto afloat, or doing things for the love of tech, because they will rely on NEM dev team and funds to get things done.  Many will disagree with me, but this is my opinion of crypto in general.  I hold more NEM than I do Nxt (% wise) and I think NEM has the chance to be successful (in terms of marketcap), but it will take much longer due to distribution.

Why you have to post when you dont know nothing about NEM?

Most important thing when comparing performance of two similar things is context. Please understand that if NEM would be launched in November 2013 it would be HUGE, if NXT would be launched before three weeks it would be NAS. NXT would not do better than NEM or QORA or NODE or other 2.0 platforms.

NXT is bigger for the same reason Litecoin is bigger than all sha coins. Also I dont know how many great devs were working for NXT in first month, but Im sure there wasnt much more interesting cryptos at that time. Situation for NEM is much harder, much more competition, much bigger market saturation, crypto depression, Bitcoin with no hype and 2.0 cryptos were performing terribly. Things had changed.

And I do remember hype around NXT, when everyone believed that after release of AE one NXT will be 50 cents. Just go on Dgex forum and have a good laugh, all people that were buying into NXT in 2013 believed that in 2015 it will be 1 NXT = 10 dollars.

The whole "fair distribution" theme is a red herring...
If all wealth in the world was fairly distributed... we would all be freezing in the dark....
The world naturally aligns itself in the 80-20 Pareto distribution to give leaders incentive.

The biggest problem with decentralized platforms is lack of coherent leadership (see NXT)...
Democratic voting by semi-informed people... and decision-by-committee leads to paralysis and timid baby steps...
You end up selling NXT t-shirts instead of becoming the next Pirate Bay or Tor Project.

Humans are not an ant colony... different species, baby.

NXT is worth $10,000,000... but does not have a single full-time marketing professional...
So the jury is still out on NXT and similar platforms...
More centralized platforms (Ripple, Etherium, 100 venture funded projects) will probably leave it in the dust.

Apple, Google, Amazon, Facebook, Microsoft, Telsa, Virgin, etc... it's 99% leadership... you can name them.

Both are great coins where NXT is some time ahead. It has a great community, instantly delivering developers and great projects which are built around the framework.
NEM is still very young but has a promising approach. The developers has promised a lot. They need to deliver more before NEM could be considered as a real NXT competitor. I think they will  ;)

All two coins are good.I vote for XEM,because I own stake and have bought some.
I remember how NXT has started with words "No more asics...Thing green...Get 4 NXT in faucet and start forging..."That all was lie of stakeholders,and with time people did understand that.I bought around 60k of NXT in January 2014,and sold them when understood that trap of stakeholders.May be that was wrong move,but I still think what NXT is scam

Source?

Your vague accusations are getting vaguer. Also, Nxt is a technology. It can't make claims or promises, only people can. So please be specific.

http://coinacademy.co/bitcoin-litecoin-nxt-2/
One hundred per cent green foraging, not mining. There is no mining, NXT do not need power-hungry GPUs or asic miners, just a regular PC and NXT to start foraging for coins today.


Daedelus, perhaps his conscience at work, seems to have eyesight and memory problems.   :D 

Who's website is that?  They use the phrase 'foraging' :-\   And which bits are factually wrong? It is green, you don't need GPUs/asics and you just need a normal PC and coins to forge.


Edit: it isn't a Nxt website, it is a multicoin site aimed at training users through video courses: http://coinacademy.co/curated-collections/   Interesting idea.

There is nothing in this quote that is not true.

By the way, Nem mod is now deleting all factual information that is negative by deleting posts.

The fact is that nem was launched with a promise of 25% for developers (including future development) and 75% for stakeholders. Instead that number changed to 29% for stakeholders and 71% controlled by them. Yes, it's 71% as I am including the stakes they already got and 50% more  under multisig accounts.

What's even funny is that they are busy lying about it in the thread, but will delete posts if you respond to them.

Very true points.  Many people thought BTC would be at $10k by now.  I think NEM and Nxt will be much more successful when BTC price increases and there is more awareness of crypto in general.

I have a small piece of both - so either one taking off is to my benefit. But, NXT right now is miles ahead. NEM has a lot of catching up to do and it needs to move and develop more substantial projects than "fairness".

As of this moment, NEM is worthless from a functionality stand point. But, let's see what the year brings! 

This poll will be up for at least one year. Keep voting. Promote this poll on your facebook, twitter, and get more supporters to vote.

For now, NXT - until I know the details of the PoI algorithm.

My point is that PoI probably is less efficient than PoS (and Slimcoin's PoB, too), because it encourages the wallet owners to move coins and generate transactions. So NEM probably will get in trouble with blockchain size sooner than NXT, if we assume that both can capture a large crypto-currency market share. In consequence, transaction costs probably will be higher for NEM than for NXT.

But perhaps the whitepaper can enlighten me.

Interesting! When I first read about NEM my first thought was another "Who's NXT?" but after taking a closer look I felt like "Hmm, let's take this baby for a ride." I will bet on XEM and make a small semitransparent [contri/distri]bution for it.

nem make me poor last time i trade , i get .1 btc minus , the price is always go down lol

Buying NEM is a sure way to lose your money to that liar, cheater and thief UtopianFuture.

My favorite is not the one with a regulated thread

Both brings innovative new things to the cryptocoin community. But NXT is still far ahead regarding to the community. So its my favourite at the moment.

Definitely NXT here ! :) 8)

Xem of course  ;D

Go for NXT

So the NEM guys finally put together an actually working wallet :)? Well, might worth to take a look at it when the first shilling and pump & dump is over.

there was a working wallet since.... july 2014? we just didnt launch till march 2015. :)

Tested it a couple of months ago but in that time that wallet wasn't very comfortable and slowly ate all memory what it seen around :). I'm going to take a look at latest version.

the memory usage was an issue but that has since been resolved afaik, or at least, drastically improved. alternatively, connect to my node and only run NCC. :)

104.238.164.254    <- go to settings, and under "host" put that IP in instead of "localhost" and you should be instantly synced with out having to wait.

NXT is by far my favourite.

At this time it's like comparing a well furnished workshop to a screwdriver, with Nxt being the workshop. We should see in a couple of years, after Nem has demonstrated that PoI works and added comparable features and services.

I voted but i split my money for both coins.  :)

nxt

Can you provide an explaination why you think Nxt is better than NEM? It does not help much by just naming the coin.

Maybe my vote is biased because I have a decent holdingt of NXT which is growing because of such a small price at the moment. My favorite is is NXT and that is what I voted for because of obvious reasons plus the amount of development that goes into this platform.

NXT is working and contributing. I like XEM wallet more though, but that's only cosmetics.

They are both good platforms and are actually growing in different directions with different features to meet different needs.  There doesn't really need to be a "this one is better than that one" zero sum game.

And that said, here is a little bit more about NEM. 

http://s25.postimg.org/6hytfe7nz/NEMpoints_v4.png


http://s25.postimg.org/n709bb49b/NEMpoivspos_v2.png