Bitcoin Forum

Since Litecoin keeps going down, and NXT is holding steady, let's make predictions at what range their market caps will meet each other. Comments are welcome too ;)

Ipo scam NXT coin distributed to 70 people won't ever reach Litecoins marketcap.

to start with the marketcap listed of nxt is a bit fudgy but anyways even with that its pretty much at its peak, freefall is inevitable.

Are there any forks of NXT yet? With better distribution?

There's Next Fair Distribution.  NEM and NXTL are no longer forks of NxT.

Well let's see:

LTC market cap: $234 million
NXT market cap: $61 million

Assuming that they ever do intersect sometime in the future, the most probable point for this would be $234 million + $61 million ÷ 2 which equals $147.5 million.

So that would be my guess.

LTC has been doing quite poorly this year, whereas NXT has done reasonably OK so I wouldn't be too surprised if NXT overtakes LTC.


It peaked around a month ago at ~10 cents didn't it?

If the distribution was such an issue, why did NXT even reach a market cap of $61m at the moment?

You realize NxT has been out for a lot longer?  Used to be 11 cents back in January.

As well the capitalization means little if it isn't backed by an appropriate volume.  NxT has less volume than Doge Coin, Ripple, Vericoin.  There's even plenty of coins with a capitalization under $1 million with more volume than NxT.  That's not counting the times where NxT's volume dries up and declines to a very low $20K to $40K.

240m vs 60m at the moment, keep voting.

NXT has no other distribution then being bought.

Litecoin has Buy-in and the mine-in.


PoW = Win.

As long as litecoin is minable it will always be relevant.

i don't think nxt will ever touch Litecoin

I guessed about the same, although my calculations were not exactly those, but I chose the same 100m-150m option.

Have you seen hashrate.org?

+1

Big elephant 51% oh no

although an effort it will never be a good one. That multipool will always depend on the other coins to do well so they can trade. In other words.. the pool depends on POW.

ironically it could be mining litecoin..

edit: Anyways. this is turning into which coin is better. i have no intention to bad talk any of the communities. They are both filled with investors who invested their $$ into them and i do not want to trash talk any side.

my opinion was share because it seemed like the topic offered to listen to it. I said NXT will never touch LTC. its just my honest thought.

cheers

Who

LTC dead! Sell LTC, buy NXT  8)

100m-150m seems possible and it could happen fast.

What's the link to see the current hash rate of Litecoin, please?

within few months but only cuz Litecoin is a piece of crap clone without innovation constantly going down

Coblee himself recently said it, sell the fucking clonecoin

~CfA~

2014 is becoming the time of the crypto's 2.0 and not for the oldtimers. It's a path taken and it happens in all the tech-fields. We don't use a compactdisc anymore, we use mp3/Spotify, etc...

Litecoin has nothing more to offer, Nxt has a lot of great features and there will be many more coming. Nxt has been updated (and upgraded) once a month at least! What does Litecoin do...?

I guess Litecoin will fall quicker than Nxt will rise, so I assume 100-150m.

Funny little poll btw! I shall tweet it.

e.g. https://bitcoinwisdom.com/litecoin/difficulty

no!!!!!!!!!! LiteCoin will go to $1000 Cuz it the best!!!!!!!!!!!!!!!!!!!!!!!!!!!PoW!!!!!!!!!!hashpower!!!!!!!!!innovation!!!!adoption!!!11111
lets suck on Coblees tit

~CfA~

thank you

Why do you think this effort will not be a good one? Look a bit further ahead. There will always be miners with hardware (well, I can't really say 'always', but at least the next 2-3 years - we can be sure of that time frame). Miners don't care what to mine as long as it's profitable. They can mine Litecoin, Bitcoin, anything else. The pool depends on PoW, so what? In the NXT philosophy PoW was a bootstrapping mechanism that brought it into existance (it was an IPO launched with Bitcoins), nothing wrong with PoW in that aspect. NXT even plans to run PoW currencies on top of it, fully backed by NXTs, once the Monetary System feature is implemented.
https://nxtforum.org/monetary-system/
https://nxtforum.org/monetary-system/pow-currencies-on-top-of-nxt/

2months, not more, and NXT will overtake LTC.

Mark my words please.

I dont know why so many haters about NXT. It has the best features of all coins out there. Look at the developement progress, the interviews on youtube with some developers. For me its technically the best system, but look at yourself and download and test it before spamming this thread without knowledge. Also the biggest advance is that this coin is secure without mining and dont consume much power like the other systems.

If I was a POW fan boy I would be shating my panties as well. NXT is set to take the world by storm

haha most coins will reach LTC marketcap, cause it is simply dying.

NXT supply = ~1 Billion NXT

LTC supply = ~30 million LTC

Hardly a way to compare the two (via market caps).

If NXT's supply was 1 Trillion then there you go you win the market cap game. LOL.

 :D :D :D

How can a hero member say such a ridiculous thing? :D

Market cap doesn't care about how many units are in an asset or currency, market cap is market cap, if there are more units in one asset/currency than the other, all other factors being equal - each individual unit of that asset/currency is just cheaper, that's all. I mean, come on, it can't get any more stupid ;D

nice one  ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D

Agreed, Nxt was scam.
But you can don't forgive 'awful' initial distribution for the next 100% PoS coins (like Qora) but for Nxt you can grant that privilege because Nxt was first 2gen cryptocurrency.

The word scam is definitely not the word you want to use when referring to NXT.
Unlike countless crypto scams NXT seems to provide great features, great community, hard-working devs, a stable growth in value and most importantly it is still a bargain to hop on the train.

Bottom line: Nxt is the full package!

LTC and NXT market cap ratios, care of RickyJames (+ I added today's  ;D):


MAR 17 - 459.3 / 32.5 = 16.9
APR 04 - 294.9 / 28.0 = 10.5
APR 16 - 252.9 / 19.8 =  12.8
MAY 06 - 293.2 / 22.5 = 13.0
MAY 18 - 296.1 / 41.3 = 7.2
JUN 05 - 319.4 / 75.3 = 4.2
JUN 16 - 289.0 / 75.9 = 3.8
JUL 02 - 236.2 / 60.1 = 3.9

The LTC / NXT marketcap ratio has changed pretty markedly.


There is definately a trend there... maybe this will help to decide when LTC / NXT ratio < 1

Scam? Wtf lol! We have another sheep in da house that can't think for himself.

Scam is certainly not the right word, the first distribution could be better. But what do you expect from the first 100% PoW coin? The registration was open for more than 60 days! That is way longer than most other altcoins do nowadays. Only a few people took the risk to send there BTC to this weird guys called BCNext…and I am jealous at them for it!  :(

But that is what it is, Nxt has still a lot of potential, even to get bigger than Bitcoin. So I will HOLD what I got and wait a few years.  ;D

bla bla, Litecoin bla bla I masturbate with my own tears bla bla, bla I hate NXT bla, bla distribution, bla bla and bla!

Sorry Litecoin guys, but there is no reason for LTC to stay alive. Why? Why should it? What does it have to offer others dont? :o

WOW! This stupidity coming from a guy with more than 11000posts on this forum got me astonished.

How can you say that? So LTC marketcap is >2 times bigger than BTC according to your logic, Retard Master?

0.31% btc accounts own 94,73% of ALL BTC's

cool

what is it with NXT?

like 0.01% own 99% of all coins or something?


The only thing keeping this shitcoin alive is these daily hype threads with zero actual facts

I kid you not, there's at least 20 of them everyday on here.

Obiviously, all the serious investors base their buys on what a bunch of trolls and retards (like you) say here, in this exclusive sub-forum.

That's why NXT is 3º and in a pair of  months 2º.

 :D

I can get facts as to why Nxt is number 3 and rising if you want but I don't think you'll like it...


You sure?

Not quite. Have a look at this: http://charts.nxtcrypto.org/cDistributionTopAccount.aspx

Today, 0.4% own 73% of all Nxt. Quite a bit better than Bitcoin.

That is easy. Do you know why?

Because writing sensible posts requires time. Writing bullshit (I use this word again, I am sorry) is easy and can be done without even thinking a bit. So, 11000 posts = easy.

No.

It is the features of Nxt. That is its value. Plain and simple.

+1

If no one is interested, I won't then  :D :D :D

Not that we'll ever know, but I'm willing to bet a big chunk of early coins are lost forever. That accounts for a large amount of BTC's skewed distribution.

I would hope that those who hold NXT were a bit more careful with theirs so they'll be far more accessible.

Up for those who missed the thread.

Litecoin has been #2 for so long, it would be great to see something else like Nxt take its place.
It would be a great triumph for a "2nd gen" crypto to edge it's way closer to Bitcoin.

Fixed

70 people  ;D Proof? Something from the blockchain would be good, should be easy to find if your not just FUDding, right? :D :D

It's really quite interesting how nobody wants to hear some facts about Nxt. It's like they bury their heads in the sand but that won't change anything. Because serious investors and businesses are investing because of objective facts not because of bitcointalk trolls. :D

Not sure about that one. LTC price at the beginning of the year was a little over $20. Now it's a little under $10. NXT price at the beginning of the year was about 10 cents. Now it's a little over 5 cents. So both are down roughly 50 percent since Jan 2014.

Keep voting.

Nxt is a ecosphere. Why you even care about marketcap and the trading volume is as well nonsense in case of Nxt..... Everything will happen inside Nxt so no need for exchanges. Ready for deploy?

120 million.

Well, you know, it's legacy measurements of sorts, I guess we'll still have to use them for quite a while.

Yeah.

They will meet at around 20 million if LTC falls that much

Even in that scenario, NXT will still be competing against similar "second generation" coins like Qora and NEM as well as services layered on top of Bitcoin so market cap would still be an important measure of success.

up ;)

well actually in theory if it could have been kept completely on the "native exchange" in theory it could go to "infinity" market cap.

100m-150m or below 100m, one of these horses is gonna win the race.

I'd much rather be in NXT than LTC that's for sure. Look at all the amazing features NXT has over BTC. What does LTC have over BTC? A different graphic on the QT wallet and a little bit quicker transaction times.

The only reason LTC got as high as it did is because it was one of the first alts. Once the alt market became saturated, there were just too many better choices than LTC for people to invest in.

Lol LTC I was sure it'd go up when I got rid of mine half a year ago.

I am not sure how the stolen NXT coins from Bter will affect the overall cryptocurrency market but this is something to really consider when evaluating NXT:

http://www.coinssource.com/bter-exchange-heist-hacker-walks-away-with-1-8-million-stolen-nxt/


It is very disappointing that we have all these careless administrators looking after large sums of money. In parts it is truly embarrassing. These are the key issues they will hold against the community and force control and authority.

The hacker gave back most of the loot, left a few million for himself, which could depress price for ~2 weeks if he chose to sell, but he actually said he believes in NXT and intends to keep those few mln NXTs, go figure!

Hopefully NXT's multigateway will provide a decenteralized solution for this.