Let's agree to make it one person not to beat around the bush any longer and we can end this discussion  Sure, who likes to read Facts U Dislike anyway  Nah, you just post disinformation, yesterday you said there are only 100 nodes in NXT network, now you say it all belongs to 1 or 3 people. Tomorrow you'll pull another rabbit out of your hat. I understand you want to buy cheap NXTs, everybody does, but it's as cheap as it will go now, so don't waste your time, another couple of weeks and the price will be higher because a lot of new things are coming to NXT. |
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$400 is possible, but won't be easy, there is a very strong support at that level. $500-550 is very likely.
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i think not only the bubble won't happen but also A big crash is coming !
how big is big? If it retreats to $500-550 support level, the likelihood of which is not low, it's not a crash, or at least not a big one. |
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If 3g can do all the same 4g can do and even much more and use less energy, which would you prefer?
they can't and don't, your argument is invalid. (fyi 4g wouldn't exist if that was the case) 3g and 4g were figurative here: 3g = gen 2.0 poS coins 4g = legacy PoW coins. gen 2.0 PoS coins can and do more than legacy PoW coins, and use less energy too. |
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When most of the market expects a bubble then it really is no surprise when the opposite occurs. (Or at least a sideways meandering).
+1 People expected new ATHs to happen each 6-7 months as in the past, this didn't happen, the new bubble should have already formed by now, but it didn't, not even an indication it's starting to form, on the contrary, the price is hardly holding here and could go down to $500-550 support level. Conclusions: 1) 2013 bubbles (November and perhaps April too) were likely triggered by Mt.Gox fake bot trading as evidence suggests, with China taking over later when the bubble already started forming; 2) It takes significantly more capital to move marketcap from $10 bln to $100 bln; 3) I expect another 12 months of BTC price not going above $1000, it may reach $1000 this year, everybody will be singing "new ATH soon!" only later to see it go down a few hundred and swing back and forth between $500-$1000, still a good investment, compared to many others, but certainly it won't perform as it did before, because the kind of capital required to move the market is simply not there (remember, 3600 bitcoins are added to supply daily that somebody has to keep buying just to keep the price at this level + some hodlers selling too). |
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Let's agree to make it one person not to beat around the bush any longer and we can end this discussion |
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Crypto currencies are high risk investments. Only invest what you can afford to lose.
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Yes, a PoS system will use less energy, but that doesn't make it superior.
3g cell towers use less energy than 4g cell towers. Which kind of cell service do you prefer?
If 3g can do all the same 4g can do and even much more and use less energy, which would you prefer? |
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So, it's ok for exchanges to put a sign:
"NY residents are not welcome here" and not get the license?
Wouldn't NY residents feel discriminated? If they feel discriminated, what can they do? Move to another state?
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Look into gen 2.0 cryptos, they are designed to solve many of those issues.
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Which conspiracy theory?
this one the security of network that is connected to 3 people only (which is still possible its all just 1 person).
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@atoni, I see, you're into conspiracy theories here, well, that's without me |
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@atoni, blockchain analysis reveals that more than 300 accounts have successfully generated blocks in the past 30 days (more accounts than that are staking, it's just those 300+ were successful). You can see the block generation graph here: https://nxtblocks.info/#section/blockexplorer_charts'Others' constitute more than 300 accounts. NXT is nowhere close to 51% attack. Distribution is still going on, by the way, and it'll take some more time. Whales are selling, again, blockchain analysis, which means sooner or later, the distribution will reach the Pareto principle. |
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I just had a customer ask me about cryptos, he can't mine anything either, naturally he would like to invest into Bitcoin, because Bitcoin is everywhere, but I also introduced him to PoS, NXT. He will have to buy with cash, Bitcoin or not, what does it matter to him, if it's PoW or PoS, he will look at other criteria. Right now he'll probably be into Bitcoin mostly, because it's been around longer, but you get the idea, since he can't mine PoW, he'll eventually be interested in PoS coins too, because any coin requires that he pays cash to get it and he would like to diversify risks. There are many people like him, who just come to the crypto market and can't mine anything.
... just to continue, and because he can't mine anything, distribution of any coin (oh, Bitcoin is now $600 but it was only pennies two years ago and someone got a lot of them!) will look unfair to him. Or not, if he understands (and he does), that fairness is a silly concept. There is nothing fair in life, it would be very strange if it was different in crypto currencies. |
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hey man. just having a chit chat with you on the topic. we can go deeper or leave it as it is. truth the mater is that POW is still a better distribution method. Asics and rent-a-rig farms are making it more centralized sure. but it still the best method. Sorry POS to me the number one reason is the trustless way a noob can start owning bits buy mining. What next and any other PURE POS coins should do is create a sidechain/color coin in POW. So then any one, any where can start mining this POW token and be able to trade it for the POS  Having a chit chat is ok. I only have a laptop, like many people, can't mine nothing with it, have to buy cryptos, PoW or PoS. Which means I, like many people, use different criteria for my preference of cryptos than miners. I just had a customer ask me about cryptos, he can't mine anything either, naturally he would like to invest into Bitcoin, because Bitcoin is everywhere, but I also introduced him to PoS, NXT. He will have to buy with cash, Bitcoin or not, what does it matter to him, if it's PoW or PoS, he will look at other criteria. Right now he'll probably be into Bitcoin mostly, because it's been around longer, but you get the idea, since he can't mine PoW, he'll eventually be interested in PoS coins too, because any coin requires that he pays cash to get it and he would like to diversify risks. There are many people like him, who just come to the crypto market and can't mine anything. |
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ironically they depend for POW coins to do this. Nothing wrong with that. NXT was bootstrapped with Bitcoins, it's generation 2.0, can't have generation 2.0 without generation 1.0, can you? It doesn't mean than NXT needs PoW to exist, it just means miners can use their hardware to get NXTs same way they get PoW coins. its fundamental wrong. because they get to know about pow coins. and you will eventually loose miners because they will start to see that they can start mining some other coin , outside this pool for better profit. and hit jack pot and move over to that coin ie: nxt miner. mining multipool. eventually payout is bad. searches around and sees that is most profitable to mine new coin at lunch. so decided to mine dark coin. mines dark coin. get lucky and mines a nice chunk. dark coin blows up. doesn't sell the dark coin to get nxt but hold to it dear. now more interested in dark coin. see. the above path , while possibly not %100 accurate it still shows that there is a small percentage that such event can happen and slowly loose your miners/investors the other crucial think i forgot about the miners is that a miner always have to be alert. alwyas has to check on his mining rig and always had to keep updating with the coins community. this couases the miners of one coin to form a bortherhood like bond. at the same times the interaction with the community keeps the coin healthy. while with POS the communities are slower. the on the topic of conversation is the trading volume. its a snooze fest hashrate.org was set up to help miners with hardware get NXT coins automatically without having to worry about selling coins by themselves, watching exchange rates, etc. if they choose to go to another pool, that's fine, NXT will survive just fine. basically, hashrate.org is the same as any multipool with the same features, except it pays in NXTs, not in Bitcoins. What's fundamentally wrong with that? it's a free market |
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If the Algo is support by ASIC, the coin will be dominated by ASIC.
If it is supported by GPU, it would be dominated by big GPU farm
If it is a CPU coin, you are invite botnets.
If it is PoS, miners don't like it and big holder has advantage
Yes, so basically you'll have to try very hard to invent a new coin to see a happy miner, looks like they don't like anything these days, haha Fortunately, the purpose of a coin is not to make miners happy. If someone invents a coin with the purpose to make miners happy, the coin will eventually be a failure. |
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ironically they depend for POW coins to do this. Nothing wrong with that. NXT was bootstrapped with Bitcoins, it's generation 2.0, can't have generation 2.0 without generation 1.0, can you? It doesn't mean than NXT needs PoW to exist, it just means miners can use their hardware to get NXTs same way they get PoW coins. |
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