Bitcoin Forum

Can we all just work together to just end this shitty ass thing once and for all.

 ;D

Now why would anyone want to do that?

HANDY TIP: The best way to kill a coin is not to talk about it.

True...NXT isn't worth talking about anymore.

Devs disappeared...coin is called NXT(Next...lol..."next coin" bahaha).
jl777 is transparent, anonymous, could be one of the biggest scammers in our lifetime.
If he showed himself, I'd be all in. I sold my jl777hodls a while ago...no regrets!

I dont get why all these NXT hate threads pop up.

I guess its one of two reasons.

A/ You really hate the coin, in which case you should stop bringing attention to it, as all publicity can be good publicity

B/ You used to love it but sold out when it was fractions of what it is now, and your pissed right off.

I see fuck all wrong with the coin myself, I appreciate the distribution was bad, but then I think what they have done with the features ultimately outways the birth of it all.

But hey ho that's my opinion :)

The exit is right there. (https://bitcointalk.org/index.php?topic=766406.0)

Why do people bother FUDDING BTC?

Spreading FUD about BTC is like Throwing a baseball at a Lil Wayne poster.

And yet still....we're talking about Nxt. ::)

Which dev?
If you're talking about BCNext, that was almost a year ago, so not exactly relevant to right now.

jl777 could (if we're gonna play the coulda, shoulda, woulda game), could also be the Warren Buffet of crypto, and make all jl777hodl holders rich.....or he could just be a very naughty boy.

And is he really transparent ? Think you mean something else, something more evil, probably.

Yeah but since 99% of alt worth is backed by bitcoin, we need a strong bitcoin.

This sentence doesn't make sense at all.

Did you mean alts are priced in Bitcoin?

Yes. Alts are backed by bitcoin as well. That means you can exchange them for bitcoin and little else. Just like bitcoin is backed by the USD.

Next was the first coin if I remember correct to be 100% premined.

See the shitty state of crypto? Partial blame relies on NXT.

I dunno... I can see your point with all the clones and whatnot, but I choose to think of it more as the first decentralized stock offering. Saying something is 100% premine doesn't really make sense because it still infers that there is some sort of mining going on. Definitely new blocks are being added to the blockchain and there is a payout involved but its not "mining" in the classic crypto sense of the word.

I do agree that the counterargument that POS encourages hoarding goes rather unchallenged. It simply encourages the "NXT wealthy" to get more NXT, which I guess would help keep the price up as there is less incentive to sell off initial stake. But at the same time it discourages faster distribution.

If NXT had better distribution, would it be more respected? Unfortunately if quick distribution does happen in the only way I can imagine the price will drop and then you'll get a new batch of critics.

So, its a slow and gentle process but not a failure by any stretch of imagination. To me it definitely still has real-world integration potential, a feature many newer coins are sorely lacking.

Backed by means you can exchange something for a fixed amount of the underlying asset. Alts are not backed by Bitcoin, and Bitcoin is not backed by USD. These are all free floating exchange rates.

You can say that most alts are priced in Bitcoin, but that's not the same as 'backed'.

That is why when they say that Bitcoin is backed by kilowatts of energy spent by the miners, it's absolute hogwash for the same reason. Backed by means you can exchange it for a fixed amount of the underlying asset. Fixed amount means that no matter how many currency units are presented for redemption, each one of them will be exchanged for a fixed amount of the underlying asset. If there is not enough of the underlying asset, it's called the system is operating on fractional reserve.

There's an initial distribution problem inherent in PoS. In the particular case of NXT (handful of people owning (then forging) 90% of the goods), it is the reason for the "red-headed stepchild" label.

That makes sense and I admit I didn't know the proper definition of the term. But still, why would you want BTC to drop when the value of NXT would drop with it? NXT is tied to BTC until the majority of it is traded in fiat.

It was the best executed IPO scam.

Maybe "Mintcoin" did it first (Mintpal)? but the key to a successful scam like this is to make your own exchange, without your own exchange you are just floating..

Nobody wants BTC to drop, but when it grows in bubbles, it only leaves professional speculators happy and most others with a bitter taste in the mouth as they've lost a fair share of their invested fiat. The correction that BTC is going through now is nothing but healthy; the sooner BTC establishes a sustainable pattern, the better for the entire crypto currency industry. I am of the opinion that the 2009-2013 era of bubbles is over.

Some believe that the fiat leak from miners in BTC is one of its flaws that can't be fixed in BTC itself, and NXT is designed without that flaw. You're right, NXT is still tied to BTC, but that's going to change when BTC has reached its fair valuation (and not just for NXT but also for some other alts). BTC is on the route to test again its low below $300 that it touched a few days ago. If that level holds, then that becomes the new fair valuation.

https://i.imgur.com/n9u3lQz.jpg


Disappointing, the trolls used to keep up with developments in Nxt  :D



Nxt is still in the bootstrapping/distribution phase. And I don't mean waiting around for the whales to sell down their stakes.

Something else is planned and it has been public for about 4 months now. It will only become possible with the next release and the community will decide what happens in the end.







*waits to see where my post is quoted with an uninformed agenda*  :D

You sound like BCnext

Nxt is an amazing project.

Right now it happens to be just about the only cryptocurrency apart from Bitcoin that's any use for anything.

For a start, it has a MASSIVE community who are not just holders but are productive in their own right. You name it - commercial projects, technical projects, complimentary products that run off the NXT blockchain, not to mention a whole lot of third party products which now actually depend on NXT.

As far as distribution is concerned - there's f*ck all wrong with it. Stop bleating.

It isn't the job of markets to distribute an asset equally, it's their job to distribute to those who value it the most. Nobody had a god given right to participate in the IPO so stop throwing your toys out of the pram as if you did. You can pick up huge amounts of NXT for pennies right now so stfu and change the record.

Same people who complain that NXT is expensive and don't buy it at $0.03 will continue to complain and not buy when it's $1 in a year. To be fair they may double or triple their Bitcoin investment too in a year if they buy Bitcoin now.

To many shills!

Your case is the first time when a shill confess before posting in a thread, LOL. So, what will be the post?

Is this from crack? They say people say stupid shit on crack and just wondering, is this from crack?

Sorry, I didn't realise there were people on here who hadn't yet learned to read. Let me spell it out for you in the words of an astute reddit commentator who sums up all the anti-nxt crap better than I can:


...and as far as "scams" go:

NxT IPO:

Raised: About 70 BTC (or was it ~20+ BTC ???) at a time when Bitcoin's price was $200. So $1400
Supplied: A roadmap which was adhered to within weeks plus a pioneering technology that propelled it to a top 10 marketcap position and stayed there

Etherium IPO:

Raised: 23,000 BTC (about $8.5 million dollars at todays prices)
Supplied: Nothing

Apart from everything else...
NXT AE is the first decentralized Crypto Asset Exchange that's actually usable and anon.

People criticizing NXT are buying "innovative" shit coins that link to the Bittrex Order Book...
Yes, Bittrex... the Scammers Pay-To-Play Playground.

Meanwhile, Cryptsy has been in Full and Open Partnership with the IRS for about a year...
And Bitstamp just announced full partnership with the UK Inland Revenue Service.

Wait till you guys get tax bills + interest + penalties...  based on dodgy reports from long defunct exchanges.

Definitely BitsharesX (BTSX), seems like very good investment. For quick 2-3x gains, there is NeosCoin (NEOS) traded on Bittrex.

Supplied "nothing"? You're living in some dream-world. Ethereum is by far most comprehensive and detailed project I saw to date. And it's crowdfunding is 2nd biggest ever, in the world.

Why there are so many threads of same shitty altcoins?


And why this shill is shilling it to the sky?

lol these nxt threads make me laugh

Ouch !

sorry. Your right.

I now realise that Etherium have indeed supplied something in return for their $8.5 million capital investment.

...........what was it again ???

(NxT required only $1400 and delivered a top 10 marketcap, so by comparison can we expect a marketcap of 60,000 times that of Nxt ?)

Joshua Bluemeanie Zeidner,

return 1 million NXT that you stole from the NXT community, you asshole!

http://nxtscam.org/ is not accessible. What has happened to it?

THIS !

and OP fuck YES !!!!!

wise words from those two guys, wise words indeed !!!

There is no such thing as bad publicity, keep it on guys :)