Bitcoin Forum

I was happily surprised when Erik Voorhees recently replied on Twitter (https://twitter.com/ErikVoorhees/status/559387099736977408) that "NXT is probably my favorite alt. Love the decentralized asset exchange."

To my knowledge Erik is the first bitcoin whale that speaks positively about Nxt, a milestone.

Next week he will be interviewed by DeBitcoin:  
https://www.youtube.com/watch?v=WWC_hyKRV0o

(If you missed it, DeBitcoin also did a great interview at the time with me about NXT (https://www.youtube.com/watch?v=yF-CBvKUBIU).)


Another important Bitcoin personality that has spoken favorably about Nxt is James D'Angelo from the world bitcoin network (https://www.youtube.com/channel/UCgo7FCCPuylVk4luP3JAgVw) who made the 51% attack series (https://www.youtube.com/watch?v=bi2thGzzNSs) that helped me a lot in valuing Proof of Stake and Nxt more. He replied that he follows Nxt closely and later complemented in comments my 51% attack warning video (https://www.youtube.com/watch?v=M1i8cdaYyWg&google_comment_id=z132c5awtsnevfol423ai5vazxfxgtm13).


I've contacted other whales such as Olivier Janssens (https://www.youtube.com/watch?v=UwpcItEUByw), who often talks about the centralization problems in bitcoin, as well as Roger Ver but have not received a reply.

It's good to see this. It makes a refreshing change to some of the adverse comments made by other major bitcoiners.

Good to see people giving credit where credit is due.

I lost a lot of respect for Jeff Garzik when he went on that poorly researched tirade on twitter. That was ridiculous.

"NXT is probably my favorite alt. Love the decentralized asset exchange."

I think this should go in the thread title  :D

But does he like how the NXT initially was distributed?

Think about your comment again.  He said that NXT is his favorite alt.  All positive and negative aspects of NXT are probably included in that statement.

So that would mean he was near the front of the line on distribution day.

Are you okay with people in 2010 buying BTC for cents? I know you are, so what's your problem? ::)

Same early adopter principle. Those who found out about NXT earlier were rewarded. Just like BTC.

Like it or not, NXT has a very strong community backing it up

Might have started out somewhat small, but over a year of being one of the most liquid alts seems to have distributed it pretty well. Definitely has a pretty wide range of holders and a good sized community.

I think NXT has pretty good tech too and has some amazing things in it like the new voting feature, but it's liquidity is anything but good.  It is basically usually either last or second to last in liquidity of the top 10 on CMC.  Even some total scam coins will often have better liquidity.  https://coinmarketcap.com/#BTC   For instance in the last 24 hours only 114 btc worth of NXT for volume, but even coins like YBcoin, Tilecoin, or Unbreakable coin have done better in the last 24 hours.  Even a scam coin like Paycoin is doing better.

I seriously doubt any IPO coin has a future at all and wish people would stop shilling.  The distribution for all of them is absurdly bad, and currency requires broad distribution (ie: can be mined by hundreds of thousands of people in the world).  In that regard, only Bitcoin, Dogecoin, Litecoin, and a couple of other alts have any success in forming a non-comical distribution scheme.  You can probably fit everyone that owns NXT into a Honda Civic.

NXT is also one of the few coins that pumpers avoid like the plague because they know they'll get dumped on.  It's a pretty big warning sign that people like Wolong pumped junk coins like Earthcoin but were scared to go anywhere near NXT.

Yeah, there's always coins that have more liquidity. But NXT has been trading for over a year now so while scams like Paycoin will pop up and get a ton of volume in a short period of time, a year from now NXT will still be trading while Paycoin of course won't be.

NXT volume still could be a lot better, and it's no where remotely near LTC or anything but it's reasonably consistent and a lot of NXT has changed hands in the past year. A few days ago someone sold 3 million NXT on Poloniex. I just think that it appears to have done a reasonably good job of distribution since it was released. It still has a long way to go to be a top 5 volume currency or something, but it's not going anywhere anytime soon and the same thing can't be said for lots of other alts.

I don't think it's near as bad of a distribution as you think. Especially compared to most alts. Now I'm not sure, but from what I've observed the community has grown and it continues to be distributed through the open market. I'm not a NXT expert or anything, but they definitely have a solid community and things like SuperNET are helping to expand it and continue the distribution.

Also, mining favours economies of scale and not the individual miner ideal which is long gone. And it is inefficient and wasteful. I don't think there's a perfect distribution model yet, but as long as there's a somewhat liquid market and people can buy the currency, it's better that they do it that way than wasting money and energy mining imo.

That is actually a good sign, as pumping-and-dumping long-term leads only to frustration in the community.

I am actually surprised by the relative stability of NXT against. I thought it would go to 0.00001 BTC again or even lower in some kind of panic event which would cause whales to dump, but I was wrong. Even the BTER theft has not influenced the price negatively.
 

Yes, r0ach, that's just how I do it:
I only trust coins were pumpers and dumpers are the top dogs. Everything else: red flag...


(OMG, this made my day, really)

Considering the bad coins they were putting hundreds of thousands of dollars into, but they saw NXT as too risky, yea, it is a red flag.  The general public already hates the idea of buying Bitcoin because they think acquiring coins is just going to make someone else rich.  Even though there's a lot of Bitcoin holders, they still think this way.  What will they think about 12 or so NXT staker guys that mostly make up the entire network?  You have to look at it in context that Bitcoin itself might not be dispersed enough to be a viable currency, and if you're required to purchase NXT for further distribution to happen, then it's going nowhere because people just aren't going to do it. 

Bitcoin was basically created as the first welfare system designed for white and asian males.  Once the ASIC arrive and you're not seemingly receiving something for free, interest drops.  IPO is the same difference, no interest.  People will just wait for the dollar to implode and trade sea shells.

Leaving aside how you determined this, it reveals more about how you think about crypto.

Your thinking reveals you view the general public each having thousands to invest, browsing around looking for a place to put their money with a hope of getting rich by doing nothing. And detest the idea of their thousands being put at risk while making earlier investors richer when they cash out and leave them holding the bag. This is outmoded in context of the any crypto that aspires to be a platform for commerce.


In reality, new people are likely to discover a messaging app/interesting project on the Asset Exchange/MSCoin Retail Voucher/MSCoin mining profit/Ebay style Marketplace etc. and want to give it a try. Everything is all in one place in one place so they can try more than one feature with minimal extra effort.


The question they will ask themselves isn't "Am I happy that my $5 is enriching an earlier investor?"

It is "Am I getting good value for the service/goods for the $5 I am putting up to make use of the platform?"


And the platform will continue to grow (as Nxt consistently has) as people become aware of what it offers. If they really like Nxt, then they might put in a more significant amount. Here it is put in a better than I did: http://nxter.org/the-value-of-10-nxts/

"Thus, 10 NXTs are worth 10 transaction performances or the goods and services you can get for them in exchange."

There's many reasons people dislike Bitcoin. This is probably not even in the top ten.

I think people's primary concern is whether or not their 'investment' (if you want to look at it from that perspective) is going to appreciate in value over time or not(this only being in the context of using this as an investment, not using crypto as a platform with actual utility). That alone is going to far outweigh any sort of negative feeling towards 'making people rich'. It would be completely irrational to forego a profitable investment out of spite. Now of course there's no guarantee that any investment is going to make a return, but I can't think of many cases where making an investment in anything, be it a company, buying gold through a ETF or a dealer, or any sort of interest baring contact isn't providing financial benefits to the people behind that investment. Whether they're the CEO of a company, or just a financial advisor. It's pretty much a fundamental part of any sort of market based investment.

I do think it's silly though that so many people who aren't early adopters in Bitcoin reject all the new technologies in favour of the first one. I understand that it has the network effect going for it, but if the market were truly rational people would be open to moving towards better technology rather than trying to make sure the world sticks with the first iteration.

Nxt is very underrated all tech appreciators love it.

In 10 min Erik Voorhees will be on DeBitcoin:
https://www.youtube.com/watch?v=lMUwMmNr3GQ

Not sure they will talk about Nxt, but Erik Voorhees, Paul Buitink (DeBitcoin) and Tuur Demeester are among the few in the Bitcoin world that have said positive things about Nxt.


But Nxt is still extremely unknown in the Bitcoin world as was blattantly obvious again on the Singapore conference past weekend: https://nxtforum.org/nxt-promotion/what-nxt-needs-to-go-mainstream-be-known-and-be-trusted/msg158684/#msg158684

(Means still greatly undervalued, and great time to buy)

Interview was cancelled due to technical problems :(

https://twitter.com/paulbuitink/status/562707730071560193

I think NXT it is a really good investment, especially for these prices

Erik knows how to invest. NXT is the future.

IMO NXT have a good potential for a "bright future". I haven't seen any other coin with such steady but fast development. If the whales not screwing up then NXT going to be a big thing.

Jason Voorhees favors dogecoin

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

Haha! :D

Bitcoin guys, it's time to wake up!


BTC has Multisig, Cold Storage, third party apps like Openbazaar, Voting (http://www.bitcongress.org/) etc. Ethereum will have Smart Contracts. Namecoin has a DNS system. Dogecoin has fast block times and a strong community...

Nxt has all that stuff and much more (will have Smart Contracts too), and they are all IN the standard client. No third party service needed.

- You can sell physical items on the Nxt marketplace
- You can issue shares of your company on the asset exchange
- You can issue your own currency on the Monetray System
- You can crowdfund a project (If the funding goal is not met, funds are automatically sent back, no trust needed)
- You can connect Nxt Aliases to Hyperboria (=decentralized DNS)
- you can cold-store Nxt


In the very near future, you will be able to:

- Cast decentralitzed votes with a vast possibility of options (like who is allowed to vote, how votes are weighted etc.)
- Set rules for your account (e.g. my account is only allowed to spend x coins per y blocks)

etc. etc. etc.


Just try the demo here: http://nxt.org/demo/

I'm open to the potential of NXT, but it just doesn't strike me as a system that's adopting a very "unix-y" philosophy, of which I'm suspicious.

Whenever I hear people talking about NXT, I can't help but think of a TV-VCR-DVD player combo. Sounds great if you're aiming to directly lure in consumers, but not what you want in a platform...?

@patcon:

Your idea of NXT as a complex, consumer oriented combo product is pretty wide of the mark, being honest.

You could describe SuperNET in that way, as it is intended to be a 'one stop shop' for a lot of current crypto functionality, but NXT is a much more basic platform. So basic, in fact, that NXT is used as part of the underlying SuperNET structure.

NXT is a completely open-source, decentralised and non-corporate crypto platform, giving users a suite of powerful tools that allow them to create pretty much anything they can think of on the NXT blockchain.
I've heard it described as the Linux of crypto, and that makes perfect sense to me......independent, open, sometimes tricky to use, but very powerful.

Anyhow, do your own research and figure it out for yourself:

Supernet:
https://bitcointalk.org/index.php?topic=762346.0

NXT:
Initial BTT thread: https://bitcointalk.org/index.php?topic=303898.0
Current BTT thread: https://bitcointalk.org/index.php?topic=587007.0
Main NXT forum: https://nxtforum.org/index.php
Useful sites: http://nxter.org/  : http://nxt.org/

NXT has a serious community behind it and brings lots of innovative features into the game. I'm willing to bet some of my BTC that it will work in the long term.

To be suspicious is the right attitude in crypto.

Which system would you favour:
1. One where you have to use a different third party app for every single use case (or even have to convert to other blockchains for certain features)
2. One platform for all use cases

Imagine you want to start a crypto company: You want to crowdfund your product. You want to be able to send dividends to investors without searching for every account. Maybe you want to issue your own stock. You want to have a vote based on shareholder votes only etc.

It's just that this stuff is really easy to do using Nxt.
Maybe comparing Nxt to a smartphone would describe it better.

I'm personally not interested in "consumers" that buy and hold Nxt, I'm more interested in people that use Nxt

If it were true, why would you be making this statement? 

Because it's true, and the obvious has to be stated sometimes for the more dense among us.

If I remember right everybody had the chance to buy in the NXT ICO. But there was a lack of interest because all people followed Wolong with DOGE or Fontas with LTC  ;D

I was just starting to play with btc/usd through coinbase at that point.  I didn't make it to alt world until january 2014  :(

But here I am.  You can't fight success.

Yes quite true, people were more distracted with Doge and digitalcoin, BBQcoin and a whole lot of shitcoins that are now all long forgotten.

Im just glad ive invested in NXT while i still can.
I initially gave it a miss and was put off the distribution etc, but do your research, its really not bad like some make it out to be.

I have faith in NXT because i believe in its technology.

NXT will Prevail! ;D

Same here, i didnt get into any of this until jan 2014 either!

I got excited, bought a rig, mined a few doge, mintcoin and digibyte, then dumped the lot for NXT and sold my rig and bought NXT with the money.

POW coins are not sustainable. I barley broke even with the price of electricity the rig used.

Once you get NXT, there is no going back!

NXT all the way

Yes, i agree, this is important.
I think we will see alot of people initially invest in NXT to start with and there will be alot that will hold it for some time.

What is important, is not getting people to spend NXT, but rather getting people to accept it.
If enough people value this currency, this should happen naturally and we will see people spending it.

Right now we are in the adoption phase, once word gets out, we will see more volume and buy orders going on the exchanges, once the marketcap gains a solid standing, people will become alot more aware of its value and we will see more people starting to use it and thats when things really start to get exciting...

NXT is an interesting experiment and I salute the experimenters.  The question in my mind is: what incentive is there for stakers to secure the network?  It seems the coinbase rewards are nil.  So, it is a combination of altruism and simply the desire to keep the network alive to maintain the value of holdings.  Is this enough?  We will find out. 

Bitcoin miners have no incentive to mine Bitcoins at a loss (relative to electricity cost).  Rationally, each miner would shut off if the price goes below this point.  (They might be in a position of having spent money on hardware that they can never hope to recoup, but still be operating above their electricity cost, as a way to reduce losses).


Large NXT holders should be willing to forge, even at a loss, because they risk losing all of the value of their stake if the network dies.  Unless they give up completely, they should be willing to continue forging.  Its not altruism, it is in their best interest to keep the network running so that they can hope to recoup the value of their stake in the future!

Staking in NXT (forging is the term NXT uses) doesn't provide a massive financial incentive. As no new coins are created, securing the network by forging blocks is only rewarded by the transaction fees included in each block.
I'm not 100% certain on the numbers (and too lazy to check right now) but the NXT forging revenue was estimated as approximately 2-5% profit per year. Not actually bad, but not not exactly NeuCoin, either.

On the other hand, forging is pretty damn simple (run a NXT node, log in to your account, log out) and NXT isn't a resource hog, so having a NXT node running in the background isn't a hardship for consumer level users, and the businesses/projects that are using NXT need to run nodes anyway, so staking/forging for them is almost automatic.

Take a look at:
http://www.peerexplorer.com/
for live stats on the NXT network.....293 running nodes right now.

OK I can follow that logic, thanks.   Next (no pun intended), lets look at network security on a per confirmation basis. 

With bitcoin I can easily estimate the cost of reversing (by renting hash) a singly confirmed transaction: 25.15 BTC  (25 coinbase plus average of 0.15 fees).     

Now how much would a similar estimate run (renting NXT from holders to get the required stake) to reverse a singly confirmed NXT transaction? 

This here is the opposite of "shilling"... uninformed, false attack posts...
NXT has 100,000 accounts of which about 1,000 and very active on a daily basis.

Pumpers avoid NXT because it's too stable to manipulate...
It's #12-13 in liquidity so would be a prime target without NXT whales keeping it within a range...
(This is organic, in sharp contrast to centralized, secretive Ripple shamelessly manipulating XRP in WIDE ranges for personal gain).  

Crypto has thrown decentralization out the window... except NXT 100% embraces it.
There is not much debate that it's the best technology with new releases and features constantly.

Promotion is where NXT falls short...
Partly because it's a Philosophical Mission, not a shameless Money Grab like BTS or Nu-Central-Bank.

NXT features are so rich and versatile...
That it's like the Apple II 1982 waiting for VisiCalc to be invented...
One killer app/business partner away from explosive growth (that's what window shoppers miss).

A list of businesses on the NXT Exchange:

https://nxtforum.org/asset-exchange-general/community-asset-board-summary-%28w-i-p%29/

Any word from James, Olivier or Roger?

i must say nxt is one of the major underrated coins out there. the stuff they have so far is a bit mind blowing to whatever one else is just building. its sad that they dont have the marketing down.

Marketing a crypto is kind of difficult. Because people are really resistant to things that aren't Bitcoin and like to brand everything a scam. That or you get accused of 'pumping'.

I think marketing to people outside of the crypto community is probably a lot more beneficial.

After BTER, more people using Multigateway would be beneficial 》multigateway.org

It would also have a pan-crypto benefit as people would get used to moving away from centralised exchanges. We'd then be more prepared for Average Joe to join us, especially with simple services built on Multigateway.

Yeah. Marketing NXT is tricky. +1
Inside crypto, you get grief for being a shill or pumper, outside crypto you have to spend 2 days explaining basic concepts before you can even mention NXT.
Still, the NXT eco-system is expanding quickly, with new businesses and users coming into NXT, so we are heading in the right direction....onwards and upwards.


And, yes, use MultiGateWay:


http://i61.tinypic.com/105pstw.jpg


http://multigateway.org/
https://nxtforum.org/nxtservices-releases/
https://coinomat.com/
http://www.supernet.org/

I don't believe NXT magically floats at a stable range "organically".  I've watched the orders on NXT a long ways back.  There were always constant shovelings of the same number of coins coming down on the order book like clockwork.  When something like only 12 guys owned just about every coin and not a single one flinched with any large dumps to make a quick, large profit, something is fishy.  Either those guys colluded behind closed doors to try and prevent a price crash from any single member selling, or maybe those 12 guys are really 1 guy. 

It doesn't make sense at all.  From looking at the constant large caches of same number of coins constantly being sold, it was clear the holders did want to sell, and wanted to sell a lot of coins.  Several parties wanting to do the same thing all at once without imploding the price would just not be possible.  There was/is clearly some kind of large scale price fixing going on, otherwise there would have been some huge spikes downward that may or may not have recovered, but we just didn't see them.  NXT has always felt like a single guy, or room full of guys is just controlling everything about price.

Links? Or do I just trust your beliefs

Yes.

Clearly a single guy who controls hundreds of nodes on IPs all over the world, who has a few thousand forum accounts and trades on 10 exchanges at the same time. He impersonates 12 devs and he looks like a russian/american/european/asian guy

  ;)

Yeah, it's me, I admit it.  8)

Yes i agree, marketing NXT is not easy, but we are making constant progress, probably alot more than other cryptos that make headlines and then are long forgotten 12 months on.

NXT is the only (alternative) currency i have complete trust in being successful.
Most of these crappy BTC clones will all be dead in another 12 months.

Yay! That means that CMC should only be down to one A4 sized page!

The interview by deBitcoin with Erik Voorhees and Roger Ver was great. When asked what they thought about Bitcoin 2.O coins like NXT and Counterparty they said the following: http://youtu.be/WWC_hyKRV0o?t=36m47s

In summary Roger Ver is open to projects with better properties like Bitcoin. He liked what he had heard about Nxt but hadn't taken the time to dive into it yet. Erik Voorhees liked the decentralized asset exchange very much but had only invested for 1% into altcoins.

2 confirmations 2x 25.15 BTC, 3x ... this is bekomming costly of people have some half hour of time to spend on security.

Staking coins usually have way faster cycle times. Even getting worser if you scale that up onto a half hour.

Thanks for your reply!

My point was, there is 25.15 BTC worth of incentive for double spend avoiding security in 10 minutes of confirmation on bitcoin.  For NXT, it looks like there is jack shit in 10 minutes. 

Can you make a better estimate?   

You just brought up the main problem with virtual assets located on a block chain and why those projects seem to keep imploding or not really going anywhere.  The security of the chain only accounts for the monetary value of the coins.  When you make the coins also represent assets, PoW miners aren't receiving a cut of that, so there's no hash power security increase on their end.  You then end up with high incentive to attack, and low incentive to defend.  

For PoS assets, they're piggybacking on top of the system like PoW, the only difference is that PoS attacks are always far more catastrophic in the long term since coin ownership is network control.  Then you have the fact that "ownership" is all defined by the legal system, and no legal system recognizes the authority of a block chain to determine who owns what when tied to assets in the real world.

Not really, in BTC early days, no one knew cryptocurrency would work.

Also, NXT distribution is beyond insane, even today, 15 people hold 80% of all NXT. Bitcoin distribution today is much more fair.

Completley agree!

Dont know why anyone would complain, NXT is as cheap as chips right now, buy, hodl, and promote NXT.

NXT WILL PREVAIL!

BULLSHIT!

Prove it or walk.  Nxtblocks.info says you're completely full of shit.

https://nxtblocks.info/#section/blockexplorer_distribution

He was only off by an order of magnitude, as nxtblock.info tells us, 76% of the nxt is held by 144 different accounts.

On top of this there are at least 20 of these accounts which are owned by many different people, like SuperNet, Nxt community funds stash, or Exchanges like Bter.

Your insistence that the number of accounts has anything to do with the number of people controlling them suggests that you have something to hide. 

oh yes, 144 accounts own 76% of all nxt, that sounds much better? and I'm sure you could guarantee all these accounts are all unique, surely it's not possible for one person to own multiple accounts in nxt?

Hmm.. that is a very interesting point indeed which I hadn't considered, which is more general than talking about any specific chain.  Coloured coin users beware.  However, one can at least estimate security for assets sitting on the BTC block chain, using the simple formula of block reward = maximum amount you should trust to a single confirmation.  Miners don't even know that your one satoshi transfer with 1 millie fee was actually the controlling interest in a multithousand coin company.  If the recipient doesn't know you or trust you, they will likely  wait a lot of confirmations before acting on the transfer.  

Nothing about current distribution can be guaranteed: not for NXT not for Bitcoin not for any other coin.
All we can do is some crawling, collecting clues and evidences and then listen to our gut feeling  ;)

Yawn... even EvilDave is getting of going over the same ground over and over :o

Sigh, I know I'd meet these people.

And I do have something to hide, I own 12 different nxt accounts, but who knows which ones. :)

If you don't like the 'distribution', then happily ignore nxt, I prefer to build things

NXT has many qualities but Erik V is always saying Bitcoin is so superior so he is just talking about the alt he dislikes less ;)

LOL, i think it could be more of a pride thing possibly, especially the thought of going back on his words about how amazing BTC was.

He knows NXT is better, just doesnt like to fully admit it.

Lets face it, what is better about BTC than NXT?

10min conformation time?
huge energy consumpton for mining the stuff and keeping the network alive?
No asset exchange?

I cant think of one thing that BTC can do better than NXT (or most other alts for that matter!) lol

if your in it just to make money by buying the coins. forget nxt as you'll be more worried about distribution and constantly watching it. i tend to go for nxt because of the innovative features it has right now compared to other cryptos. the platform is solid and as a dev building on top of this is getting ahead of the curve... we can all wait for ehtereum / counterparty / coinprism to get these similar feature sets, but until then i'll just work with what works currently.

Bitcoin can do most things better than NxT. Lets start with your suggestion there are no decentralized asset exchanges with bitcoin...

Bitcoin has these:
http://www.secureae.com
https://blockscan.com/order_book?asset1=XCP&asset2=SWARM
https://www.masterxchange.com/market.php?currency=maid
https://bitsquare.io/
http://www.coinffeine.com/
http://www.coinsigner.com/

Decentralized asset exchanges for in person-
https://localbitcoins.com/
https://mycelium.com/lt/help.html

http://www.secureae.com
This was set up to help BTC invest in Nxt assets and is excellent  ;D A joint effort between Sergey and Wesley IIRC.

https://blockscan.com/order_book?asset1=XCP&asset2=SWARM
Link is dead.

https://www.masterxchange.com/market.php?currency=maid
Great if you want to buy maidsafe. And no more than 6BTC in each 24 hour period. All other pairs are dead with zero volume...

https://bitsquare.io/
Very basic BTC exchange launched in Dec 2014 and you have to be online 24/7 for your order to stay valid.. is there even any volume or people using it? Order book must be thin if only those running full nodes have active orders.

http://www.coinffeine.com/
Unlaunched - "coming soon"

http://www.coinsigner.com/
Alpha release only and the blog is down... is it still alive?



Woo-hoo, way to go Bitcoin...  ::)



Nxt has had $300,000 worth of decentralized trades in the last 30 days and 42 different assets have been trading in the last 24 hours >> http://nxtreporting.com/assetcap.php

All from a single, integrated exchange accessible from one wallet interface. I think you might be in a minority of you still contend BTC does decentralized exchange better than Nxt (and that is without even mentioning multigateway.com)

The link is not dead.
Th point of my post was to show that bitcoin has plenty of decentralized exchanges and to disprove the FUD that gets repeated by NxT fans.

You did a poor job of making this point. You can set up as many websites as you wish but if their is nothing to download or not order book/volume when you do download, then their value is close to zero. It is clear Nxt is a superior decentralized exchange platform than Bitcoin in terms of volume, choice, traded assets, speed and convenience. While BTC having "no exchange" isn't technically true, having "no useful exchange" is undisputably so.

It is a fact that Bitcoin has more flexibility and volume to trade assets in a decentralized manner. This is one you have already conceded to because of Bitcoin can be used to invest in any NxT asset through http://www.secureae.com/ and all the other decentralized exchanges like - https://blockscan.com/tx  which don't work with NxT.

The bottom line is I can buy more assets with Bitcoin right now than NxT and I have more options and choice to spend my bitcoins than NxT. Thus for the end user it is more convenient to use Bitcoin over Nxt to buy and sell assets in a decentralized manner(and this isn't even addressing the wealth of assets that can be purchased from centralized exchanges with Bitcoin)

P.S... Many of those "NxT" assets are dangerous scams, pump and dump securities, and extremely risky speculative investments as well. I would suggest people avoid investing in them even if they use Bitcoin to do so.

You realize BTC is converted to Nxt in secureae to make the purchases? If you want to take that loose, indirect definition then fiat has a decentralized exchange as it can be converted to BTC that is converted to Nxt (or fiat to Nxt directly on CCEDK.com) to buy assets on Nxt AE. Nxt can be converted to BTC so blockscan.com is as valid an exchange as secureae is for BTC  :D

So your definition dilution has lead us to a useless situation where all crytpos and all fiat and gold/oil/pigs (as they are convertible to fiat) all have a decentralized exchange in Nxt's secureae/asset exchange. You're reaching  :D


Nxt has it's own decentralized exchange that is widely used and has no other peer that is close to it right now. You can say BTC can be converted to Nxt so it has a good decentralized exchange in AE too if you want (you call it flexibility) but every other crypto can make this claim and has the same flexibility. All the BTC based decentralized exchanges you listed are either unlaunched, alpha or no volume as they concentrate on one asset only that few people care about. And you'll need a different set of software (or at least different account) for each asset you want to trade.


Again, Nxt has had $300,000 worth of decentralized trades in the last 30 days and 42 different assets have been trading in the last 24 hours >> http://nxtreporting.com/assetcap.php

All from a single, integrated exchange accessible from one wallet interface. I think you might be in a minority of you still contend BTC does decentralized exchange better than Nxt (and that is without even mentioning multigateway.com)

Who comes close to this right now?

I purchase things all the time with bitcoin and they get "confirmed" in a second. The emphasis on blockchain confirmation time is exaggerated and reflects an inadequate understanding of the security tradeoffs between PoS and PoW and a lower blockchain confirmation average. In the real world the only thing that matters anyways is a 1 second approval or confirmation time for processing transactions for in person payments which can already be accomplished with payment processors or in decentralized ways like querying the mempool with tools like  https://mycelium.com/lt/help.html or presigned transactions with nlocktime - https://greenaddress.it/en/

In the future bitcoin will have added methods for verifying and confirming transactions with sidechains and interchannel payments - http://impulse.is

The reality is bitcoin has already solved this problem and is developing more solutions for users to choose from everyday.


That is the price of security but those costs will slowly be replaced by Tx fees in time as the block reward decreases and security is paid with volume of Tx fees. This is why we are going to push forward with a hard fork and increase the block size limit. Eventually, Tx fees be the greater source of revenue for security than electricity.

It is a fact that USD fiat is superior to Bitcoin or any crypto currency with acceptance and ease of use at this moment.


This is false as not every other crypto is available to be used on the quantity of exchanges I listed. The bottom line is that Bitcoin allows me to buy the most amount of assets with the greatest amount or ease in the quickest manner vs any other cryptocurrency including NxT. This is a fact that you have yet to refute. With Bitcoin I can buy all Nxt Assets , Counterparty assets, colored coin assets, and Mastercoin assets and any other currency or asset directly.(If BTC is exchanged for NxT without the client knowing it is inconsequential because the question remains what currency is superior to buying assets online right now for the end user) With NxT you are trapped within the NxT ecosystem and with Bitcoin you can spend your currency in an order of magnitude more merchants.

P.S.... The ease of use to invest if the multitude of NxT asset scams is not something I recommend or am advocating. I am simply clarifying that if you were foolish enough to invest in those assets you could do so easily with bitcoin and do not need to directly buy any NxT. People should stay away from most these "digital assets" regardless of what marketplace they come from.

So you allow BTC > NXT, or BTC > XCP as giving you access to all the market assets.

But Nxt has to stay 'trapped' because you won't accept Nxt > BTC, or Nxt > XCP or even Nxt > [Hidden BTC] > any other crypto to buy assets? But you will allow the same when talking about BTC. Is this hypocrisy or just being disingenuous?


Nothing needs refuting. If crypto x has a BTC pair, then there is no reason you can't claim it has all the options available to it as BTC does so your definition makes the whole discussion pointless. Any claim for one crypto can be made for all. BTC has nothing in the same category as Nxt's Asset Exchange, except maybe Nxt's Asset Exchange  :D


If you want to make Bitcoin appear great by piggy backing on the backs of the alts it hates so much, be my guest. But you know this isn't what NZMiner meant when he said BTC had no decentralized exchange. It doesn't. Only in the sense that "BTC can be exchanged for everything so has access to every asset" you are trying on might it stick. But any crypto with a BTC pair can make the same claim.

The fact is Nxt AE is in a category of it's own right now, even supported by BTC when it is piggy backing on top of it.

P.S why would you invest in scams or recommend anyone else to do so? I agree people should stay away from most of the assets. Just do you research, look at longevity so far, how the issuer has behaved, consistency of dividends etc etc and make your decisions. There are some solid assets out there that consistently deliver. There was a vote of the most highly regarded assets... I'll try to find it.


Edit: https://nxtforum.org/general-discussion/(vote)-what-are-the-top-5-most-promising-assets-to-hodl-for-the-long-term

Top 5 Nxt assets by community vote (%):

Supernet (18.1%)
Jinn (9%)
JL777Hodl (7.7%)
NxtVenture (6.3%)
Instantdex (5.3%
MMNxt/Debune (joint 5th with 5.1%)

Of course I could exchange NxT for BTC on an exchange than buy counterparty assets. The point is that with bitcoin it is easier because there are less fees and it is simply one step.



Moving the goal posts I see. First it was claimed that Bitcoin has no decentralized asset exchanges. Now when I have cited multiple examples it is claimed that those don't count because they aren't as good "quality" of an exchange or that nxt gets exchanged behind the scenes indirectly.




Both Nxt and all of Nxt assets are highly speculative and dangerous. I can barely recommend Bitcoin to friends and family let alone tell them to invest in this shit which is an order of magnitude more dangerous.


But, sure, I agree, not all Nxt Assets are outright scams , the ones that aren't are very dangerous speculative instruments that most people should avoid.

Who would have thought that you cherrypick the case where you want to buy a bitcoin exclusive asset with Nxt!  :D

Your case: NXT -> BTC -> BTC exclusive asset
You "forgot" to do the same for the opposite:
BTC -> NXT -> Nxt exclusive asset

Please tell me how bitcoin is simpler and costs less fees in this case

I think we are done here, there are only so many ways I can show you are not fighting fair. You raised an additional topic of cost, but this are exactly what you encounter when using secureae! You pay BTC and Nxt fees + part spread in the trade, as you would if you converted Nxt to Mastercoin to use their exchange. They are exactly the same example :D :D :D These are considerations outside whether BTC has a decentalized exchange or not.

Bitcoin has no decentralized exchange of its own, it only piggy backs on the single successful one (Nxt) and the rest you listed are unlaunched or no volume > Unusable and a waste of time mentioning. I would be interested to hear others take on your claims of "I can exchange BTC for Nxt, therefore that exchange is bitcoin's decentralized exchange". It is incredibly bizarre to me. Then Nxt Asset Exchange is also Counterparty's decentralized exchange and vice versa.

You are wasting your breath  :D :D :D

And this is not true for bitcoin because...?

With http://www.secureae.com the BTC gets exchanged without me having to manually complete this step on a seperate exchange. The same cannot be claimed for Nxt if I wanted to buy counterparty assets.


As I have already claimed I can barely recommend Bitcoin as well. Bitcoin is still very risky, although orders of magnitude more secure than Nxt, let alone Nxt securities and assets...

Are you that delusional to not acknowledge the gap of acceptance by governments, companies, developers and users between Nxt and Bitcoin? There is an incomparable gulf dividing the two.


I see plenty of transactions occurring on counterpartys exchange.
https://blockscan.com/tx

Keep in mind we are only discussing decentralized exchanges too. The fact is even if we ignore "secureae" bitcoin has an order of magnitude more volume in assets being exchanged on centralized exchanges.

You really don't trade much do you.

The Counterparty exchange has basically ZERO volume...
It's top token SCJX traded $35 worth in the last 24 hours...
All those "plenty of tx" you see are tx happening on central exchanges like Polo, etc

Also, SecureAE is just a CENTRALIZED WRAPPER around the Nxt AE...
Where they add some convenience and then make YOU PAY FOR IT...
So people like you who DO NOT TRADE pay fees, exchange rates and bid/ask spreads...
And all that volume SecureAE shows is happening on the Nxt AE... not on the "wrapper" web site.

So we are back to the Nxt AE = only successful decentralized exchange with good volume...
It's actually quite a miracle it exists... because no Govt or villain can take down > 1,000 nodes.

Do you realize that you're still talking about the Decentralized Exchange launched 9 months ago...
Which is, like, about 100 years ago in Crypto Space time.

Meanwhile, NXT is about a week away from releasing Version 1.5 which supports plug-ins...
With plug-ins and decentralized storage like Storj or a future NXT Storage Manager...
The NXT toolbox will allow people to build a completely 100% decentralized business...
Or even a 100% decentralized internet on top of the NXT platform (yes yes, baby).

Ya man, that's right...
While BitCloud has gone out of business...
And MaidSafe has been spinning their wheels for 6 years...
And Etherium burns through millions in cash building Frankenstein...
NXT Devs just quietly get it done... and have leapfrogged everyone with an elegant, simple platform...
(But please keep this to yourself, The NXT Grand Vision is a well kept secret for now).

I agree that I do not purchase many assets, and suggest others avoid this as well. Day trading bitcoin is a good way to lose your investment, and doing this with NxT securities or assets is absolutely insane. The only ones likely to profit off of such endeavor are the ones creating the assets or have inside information and dump their risky investments on later investors.  

There are other decentralized projects Bitcoin has which are more exciting like lighthouse and open bazaar, but I suppose those projects don't interest you much because they aren't a vehicle to inflate your investments directly or indirectly with NxT.

I have looked at the performance of all the top 50 nxt assets and almost every single one has performed poorly with only a couple exceptions - http://coinmarketcap.com/assets/supernet-unity/#charts  SuperNet is only slightly lower than its initial start.

I would recommend others to take a look at the year to date charts of all other NxT assets and Nxt as well. Nxt is dying even compared to bitcoins capitulation.
http://coinmarketcap.com/currencies/nxt/

Check the YTD and keep in mind the price is in BTC and therefore this chart reflects NXT wasting away in comparison to BTC. Nxt is diluting their currency by pumping a lot of assets, most of which are scams. What do you think this will do to NxT's reputation within the userbase when most of these scams pop or dissolve to nothing? Instead of focusing on merchant acceptance for real goods and services(Nxt practically has none) the NxT community is focused on pumping digital assets which serve little to no purpose. This is the wrong direction and will ultimately further solidify NxT's demise.

I could pick away your entire argument, but what I find most amazing is that you think "open bazaar is exciting" when you have to leave your client running 24/7/365 for your listing to remain active.

Very well put!
 :D

Your post made by cream my shorts!! I love NXT :)

seven point frigging six billion euros:

http://en.wikipedia.org/wiki/Hypo_Group_Alpe_Adria
http://blogs.wsj.com/briefly/2014/08/28/the-hypo-alpe-adria-bank-mess-at-a-glance/

Heres the full story (in German, seems like most English media are lagging/ignoring this one)):
http://orf.at/stories/2267206/2267207/

banks, tjah.

can u summarize what the fuss is about?

 NXT bagholders who bought in at $80+ million, NXT is now $13 million and never going back up and bagholders have low blood sugar and are upset.  NxT in a nutshell.

http://i.ytimg.com/vi/R7zYKphTe6o/hqdefault.jpg

http://i1.kym-cdn.com/photos/images/newsfeed/000/144/037/haters_gonna_hate_by_genshihebi-d36bgfk.gif

You know UtopianFuture... if you weren't such a jealous assh*le who lied and scammed a bunch of people out of their BTC and NXT with that ridiculous scam called NEM, you might be a decent guy.  You tried to steal the ideology behind NXT, but you failed because your true intention wasn't to liberate your fellow man but instead to make as much BTC and NXT as you could for yourself because you were jealous at those who legitimately made money.  NEM will always be a joke and you will always be a fraud because of your actions.  How do you feel knowing that you made your money off lying to individuals?  Don't expect me not to say anything to you just because you're beating up on Bitshares with the rest of us.  Bitshares deserves to be called out for their actions, but so do you.

If you think NXT isn't going to go up, then why were you scamming people for it?  Who knows how many of those NEM stakes you have... probably hundreds.  Pathetic.

And don't even try to claim you're not UtopianFuture.  I don't need a speech analysis report to tell me who you really are.  Save it for someone who will believe it.

Not UtopianFuture and there's other speech analysis and additional forensic evidence to prove I am not him.  You guys are beating the bush and think that by associating me with NEM that it'll harm NEM and some think that'll make NXT go back up to $80.  NXT went down because of all the inside jobs and thefts (see Jeff Garzik and other reputable and trustable public figures vs. NXT's completely anonymous characters)

Here's a food for thought - NEM itself has sold for 99,999 NXT just weeks ago in February 2015 when it first entered the asset exchange around 30,000 NXT in August 2014.  It's NXT which has lost all its' value.



You guys all know my main BTC / NXT wallets, nothing huge going into them

All the fund raised BTC / NXT went to the core development team

NEM has gone through like 3 to 4 waves of sock analysis

https://nxtforum.org/index.php?topic=1726.msg56183#msg56183

Go message UF yourself

I have yet to ever ever come across anybody who claimed they were scammed by UF.  Scammed of what?  UF didn't keep the fundraised amounts and he was probably outted by all the sock analysis.


My earlier point still stands

http://i.ytimg.com/vi/R7zYKphTe6o/hqdefault.jpg
http://i.ytimg.com/vi/R7zYKphTe6o/hqdefault.jpg
http://i.ytimg.com/vi/R7zYKphTe6o/hqdefault.jpg
http://i.ytimg.com/vi/R7zYKphTe6o/hqdefault.jpg
http://i.ytimg.com/vi/R7zYKphTe6o/hqdefault.jpg
http://i.ytimg.com/vi/R7zYKphTe6o/hqdefault.jpg
http://i.ytimg.com/vi/R7zYKphTe6o/hqdefault.jpg
http://i.ytimg.com/vi/R7zYKphTe6o/hqdefault.jpg
http://i.ytimg.com/vi/R7zYKphTe6o/hqdefault.jpg


Eat it up

Nope, I missed that. Could you please provide a link to the source or post the list here?
I would like to follow you as well. Thanks.

You know what I'm talking about... Scammed of their BTC and NXT.  What happened to "all NEM stakes are going to be given away for free"?  Pfff... please... You claimed a bajillion free stakes and then changed the rules and started charging people for a stake.  Even if all the money raised was given to the development team, you effectively got free development because you didn't pay a single satoshi for your stakes.

There are scammers involved with all cryptocurrencies.  I'm talking about the original coin itself, NEM, was started as a scam because you were jealous.  Do you honestly expect anybody to believe that the ones in charge of sockpuppet removal aren't as crooked as the one who started the scam?  Give it a rest.  NEM is a joke and you are the one that made it that way.  You're awfully defensive of UF for someone who isn't him.

can u elaborate on whats the difference with nem and nxt?

NXT was started first and had a fair distribution period.  Everyone had ~2 months to send some BTC to an address and the most anyone could send was 1 BTC.  It was capped at 21 bitcoins, symbolic of the max bitcoin limit of 21 million.  There were only 73 people who sent money.

NEM was started after NXT was launched and successful.  UtopianFuture (aka TaunSew) started NEM because he was jealous at NXT's success.  He unsuccessfully attempted to copy NXT's ideology to promote NEM and claimed NEM was an "egalitarian" cryptocurrency.  Originally (before UtopianFuture changed the OP), NEM was advertised as a free coin.  No one had to pay anything to get a stake.  After a while (around a couple weeks), UtopianFuture decided to start charging for stakes.  The longer you waited the more expensive a stake cost.  During this time as was revealed later, UtopianFuture created a ton of sockpuppet accounts on Bitcointalk so he could claim multiple free stakes.  THE RULE IN NEM ACCORDING TO HIM INITIALLY WAS ONE STAKE PER PERSON!  UtopianFuture was blatantly lying to people and stealing multiple stakes for himself.  Other honest individuals followed the rules and only claimed ONE STAKE because they have morals and aren't lying thieves.  Only after UtopianFuture claimed his multitude of stakes did he start charging others for stakes.  Supposedly that money went towards development.  Personally, I'm highly suspicious of this because UtopianFuture has a track record of lying.  Once it came to light that UtopianFuture claimed multiple stakes for himself, supposedly there were several "sockpuppet searches" to find duplicate stakes.  Of course, anyone can fool these by using tor or vpns to change their IP.  Supposedly, these were done in secret so no cheaters would know how to counteract the search mechanism.  Like I really believe UtopianFuture wasn't aware of what they were doing.  After all this came out, UtopianFuture supposedly "resigned", but I'm sure he is still active under multiple sock accounts.  So basically, UtopianFuture claimed tons of free stakes, charged everyone else for development (he got his development free) and when he was discovered "resigned" and got to sit back on his ass while everyone else did the work.  Nothing like lying and tricking people to make money all while pretending to be the savior of the cryptoworld.  Also, when others called him out on his actions, he tried to take away their stakes.  This is why NEM is a joke and UtopianFuture is a liar and a fraud.

http://4.bp.blogspot.com/_E5hsJppYXuE/TPprsYkzILI/AAAAAAAABZY/AhbV-hswgXk/s1600/scoobs.bmp

He asked for the difference between NEM and NXT.   Not your mouth foamed interpretation of an episode you saw on Scooby Doo.


"Fair distribution" in crypto currency is usually rhetorical slang for anti-whale.  NXT had 8 addresses which received 50 million each and addresses =/= people, so King Beluga Caviar could have the last laugh on us.  The NXT equivalent of 50 million to total supply is 200 NEMstakes and I don't think anyone, despite your assertions that I am him, could had slip past that many times during the multiple waves of sock analyses  (ran by volunteering third persons).  NXT has whales and NEM does not.


Besides being anti-whale is only one bulletin point for NEM.  The best NEM and NXT comparison would be an analyses between the core features. If NEM was really just a clone then you wouldn't be obsessed about it and CfB wouldn't be gleaming over its' features.  



https://www.o.info/index.php/How_to_issue_a_cryptosecurity

As far as NXT goes, there was very little interest in it and very few people had the foresight to see NXT as the game changer that it is.  I think it is highly unlikely that anyone created sockpuppets to invest in NXT.  There were only 73 people who invested.  Also, the individuals who invested in NXT weren't proven liars and cheats.  BCNext actually did threaten that anyone caught trying to invest over the 1 BTC limit would lose their investment.

NEM is one of the biggest scams around thanks to you.  It's laughable that you sit there and claim NEM is "anti-whale" when you received an ungodly amount of stakes because you deceived others.  Some people actually only attempted to claim one NEM stake because they believed in being honest and actually have morals.  You on the other hand took advantage of the honest and fair individuals for your own profit.  The investors in NXT got their stake fair and square WITHOUT LYING AND CHEATING.  Why should anyone believe the words of a liar, a cheater and a thief?

It's been over a year since NEM started and still there is no genesis block.  Pathetic.  Hopefully, NEM will become worthless so you don't profit anymore off your scam and you aren't rewarded for your lack of character and morals.  I inform others about your little scam because I don't like people being lied to and cheated.  I read on your overstock link a while back that NEM was COMMUNIST!

Nxt is on shapeshift.io and Eric Voorhees has come forward as the CEO and creator...


http://www.coindesk.com/shapeshift-raises-525k-reveals-erik-voorhees-as-creator/


... so maybe, Marc  ;D, approach him about getting shapeshift into the Nxt wallet as a plug-in app in NRS v1.5?

It's actually grown on me

The big difference is NXT exists and NEM doesn't.

i'm curious to having that we all know Erik Voorhees isn't stupid and so is Jeff Garzik.

Why did Garzik say NXT was a scam coin on twitter? Did he have an agenda?

Any intelligent person that has been in this crypto scene for some time will notice NXT is way ahead of the curve thats if they even installed the client that is.

NAS coin has a better client.   :D

 you dont even need to install the client to realize that... see below my username and enjoy.

Taking into account that Jeff attacks all innovative platforms (Ethereum being the last known case) I still can't say if he has an agenda. Looks like just a coincidence.  :D

Lots of respect lost from that twitter temper tantrum of his.

What specifically was CfB referring to?  The first link on Google was only about Jeff Garzik saying Ethereum was a bad investment and who would disagree?  $18 million IPO + PoW = where is the ROI commensurate with the risk?   Until you have a proof of concept, which Bitcoin itself is still struggling with an user adoption of 250,000 after 6 years and alts are doing far worse,  there shouldn't be $million dollar IPOs.



Of course Jeff Garzik also kind of lives on twitter and I don't want to scroll past 1200 messages to find the one thing CfB was specifically mentioning.

If I recall correctly you had somewhere a lot of Jeff's photos. And yet you don't read all his tweets. What a weird fanclub are you in?

PS: Pervert!  :D

Not sure why you're going into an ad hominem when I wasn't making an argument.  Was asking you to provide that link of him going nuts on Ethereum.  Otherwise if he said Ethereum sucks as an investment then he did nothing foolish.

He called NXT a scamcoin.

Even you of all people still must realize it's not a scamcoin. You disagree with the initial distribution(even though it's much more distributed now anyway), but you still wanted to create the original NEM based off of NXT.

Ah, sorry. You asked Este Nuno, so I didn't reply. But your statement about tweeter reminded me as I saw you posting 30 photos of Jeff in a row and thought "WTF, does TaunSew faps on Jeff or what". No offense, that thought really came to my mind.

PS: https://twitter.com/jgarzik/status/564496432187469824

i dont understand whats the point of NEM if everyone is just going to just use NXT and its AE and Marketplace. It's like eBay vs 3rd party ebay. I can't see any serious person jumping ship to another platform if everyone is on the main one especially if all the goods/services are on there already. It's different from btc to other altcoins as its not competing with "products/services" as btc is just a coin. I dont see lighthouse/openbazaar widely adopted since its not tightly integrated with core like how nxt has it.

People in the beginning got it the cheapest, but nothing different than any other altcoin or bitcoin in the beginning.

Eric and maybe Vitalik one day too  ;)

Vitalik Buterin of Ethereum fame finds Nxt's algo "cryptoeconomically secure"

https://bitcointalk.org/index.php?topic=1015354.0

Well, one thing is that bitcoin has ~65M transactions while NXT has ~1.2M transactions.
Sources: https://blockchain.info/sv/charts/n-transactions-total & http://www.mynxt.info/blockexplorer/

There will be pruning at some point. That means that data will be removed from the blockchain after a certain period (i.e. one year). It's already being worked on - though I've read some disagreements between devs whether it will be possible on the NXT chain. Not an easy task, but necessary in the long run.

Another point is of course the fee - if the fee is high enough, it will prevent extensive file storage. The fee in the current test-version was probably too low.
Also: In future versions the fee will be dynamic - calculated by bytes added to the chain (for everything, also transactions and such).

Just an idea (no clue if that's the plan), but I can imagine that the fee could determine also the duration of storage. Since a webshop possibly could be happy to store an image just for a week, while some important documents (like a testament) might have to be stored for decades.

Nxt represents a mature Bitcoin network where the mining reward equals total fees of a block's transactions.

So, Nxt will offer a glimpse into the future of whether Bitcoin would be able to sustain itself or not.

Seems like Captain Jean-Luc .. just implemented blockchain size pruning for upcoming 1.5.1e testnet:

https://nxtforum.org/general-discussion/nice-1-5e-testing-i-just-decentralized-satoshi's-whitepaper-on-blockchain/msg173210/#msg173210

It's official lol  :D


https://i.imgur.com/pbEvtlP.png?1

is erik voorhees that much of a market mover?

Who knows. But he is one of the few (only?) early BTC guys that will openly say positive things about alts

This is an odd statement considering most alt devs were early BTC guys.So you really have at least 500 early BTC guys who are more than just positive about alts and add to that all the early investors as well. In fact I find it more of a rarity that any early BTC guy is only interested in BTC.

Ok. I'll let Garzik and bitcoindesk know  :D

Replace 'early' with 'high profile' perhaps, if it more pleasing.

All the other alt developers aren't "high profile"? Every single one of them has their own cult following. Your attempts to play victim has created a delusional reality.

Thank you for your competent opinion.

If he wants to be, yeah. He was an early adopter of Bitcoin and was involved with some of the earliest Bitcoin businesses like Bitinstant.

He also has great interest in promoting alts as their development and interest allow him to gain more bitcoins with every transaction that flows through shapeshift.io. I believe he is geniune in his statement that he prefers NxT over other alts, but obviously he isn't that excited about NxT as he repeatedly fails to mention it and isn't up to date on all the news.

You must understand his statement in this context.

Conapult for nxt would be quite interesting.... Lock the value of nxt to btc or USD.

Is he still alive?

i think he went to jail or something for not paying his taxes.

Is he? such bad luck for NXT! Most promising coin ever going down for stupid unfortunate issues....

Er...I don't think Erik V. is in jail, somehow. Or else he's in such a Club Fed they let him out for conferences  ;D

https://shapeshift.io/site/blog

Many would say it already has with everything it has achieved so far

I agree.

Once it gains enough attention and BTC settles down, i think we will see things gain alot of traction, and fast.