when would be possible trading BTC LTC and USD on NXT asset exchange?
BTC/LTC when multigateway is launched (they are talking about launching a public version of MGW as we speak, it has been in testing for a couple of months now) USD will be available through once Nxthaus is set up and running (still a couple of months away, I believe. They are awaiting the approvals) Sorry for posting this old talk... The multigateway looks very promising! Mg will be visually improved, or remain only as simply asset? There will be minimal fees to use MGW and these will be shared with MGW asset holders. So if you think it MGW will be successful, you might consider buying some (Check the Asset ID before buying, I think there may be only one MGW on the Asset Exchange at the moment but there could be imposters cropping up soon so always check when adding new assets). MGW is now on the mainnet (has been for a month or so now but still in beta) and has a fancy user interface now too.  There is a MGW user support thread here for more help>>>> https://nxtforum.org/nxtservices-releases/multigateway-user-support-thread/Beginners might want to use the MGW Lite >>>> https://nxtforum.org/nxtservices-releases/(beta-m08g5)-multigateway-gui-release/If you use MGW, start with small amounts. Remeber these are *real* Nxt, BTC and LTC that you are trading, redeemable for the actual amounts of BTC and LTC. Have fun  |
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All ure muthers are thespians
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Ok, The assertions you have made with no or counterproductive evidence and I have asnwered fully and with links where appropriate and requested, are: i) MGW was run like an exchange and couldn't be run by none exchange owners - so you agree that its centralised exchange run by exchange ownersii) That 3-4 people control 75% of Nxt (you still provide no links to blockchain data) If James word is not enough.......he is one of leading nextcoin developersiii) Attacking Nxt on the grounds of distribution and to be avoided but thinking Ripple is fine to use I dont attack nextcoin at all, and I compare it to Ripple only because it stole all of its ideas from Rippleiv) Secret pump and dump of jl777holdl on polo when everything was transparent and public I never said it was secret, actually when I asked that JL777 on nextcoin thread I posted link to, please stop lying about what I saidv) That Ripple is decentralised in the definitions only Ripple users identify with, and the impact this has on your arguments assertions. I dont understand a word you are trying to sayvi) refusing to see the difference between an idea implemented and an idea implemented successfully, and the innovation required to overcome the barriers between the two concepts. you may be mentally disabled. I said that other coins had asset exchange before, so dont understand what you are trying to say at allvii) When failing in all these attempts to spread FUD, attack me personally. Which fud am I spreading? Saying that nextcoin stole all ideas from other coins but claims to be innovative? Even come-from-above-and-beyond said everything is stolen and only innovation will be transparent forgingAnyone can check this summary against the last couple of pages for accuracy. of course, everyone can check it lol, and say what? next copied all other coinsFinally, I have posted that picture as I found it confusing. It went against all the accepted definitions of Decentralised / Distributed / Centralised I had come across. Come-from-Beyond replied to me and I forget the wording but basically said 'it's a Ripple thing, they use different definitions'. I think it was in the Price Speculation thread if you want to browse it while doing your research  you did not post that picture and it wasnt about Ripple's definition at all, and come-from-above-and-beyond didnt even take part in that discussion, it was between me and devphp mainly and lasted for a couple of pagesTill next time... Re-read from here if you want me to restate what my arguments are and why you are wrong: https://bitcointalk.org/index.php?topic=716818.msg8099922#msg8099922Maybe understand them before you try and respond again. |
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Ok, The assertions you have made with no or counterproductive evidence and I have asnwered fully and with links where appropriate and requested, are: i) MGW was run like an exchange and couldn't be run by none exchange owners ii) That 3-4 people control 75% of Nxt (you still provide no links to blockchain data) iii) Attacking Nxt on the grounds of distribution and to be avoided but thinking Ripple is fine to use iv) Secret pump and dump of jl777holdl on polo when everything was transparent and public v) That Ripple is decentralised in the definitions only Ripple users identify with, and the impact this has on your arguments assertions. vi) refusing to see the difference between an idea implemented and an idea implemented successfully, and the innovation required to overcome the barriers between the two concepts. vii) When failing in all these attempts to spread FUD, attack me personally. Anyone can check this summary against the last couple of pages for accuracy. Finally, I have posted that picture as I found it confusing. It went against all the accepted definitions of Decentralised / Distributed / Centralised I had come across. Come-from-Beyond replied to me and I forget the wording but basically said 'it's a Ripple thing, they use different definitions'. I think it was in the Price Speculation thread if you want to browse it while doing your research Till next time... |
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Glad you stopped deleting the posts on the other thread, cryptonaut, and let some debate develop |
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Sure, do the name calling...that will be funny There was already a picture on one of those nxt threads that showed you what is difference between centralized, decentralized and distributed. It went exactly that way and showed you which is better. Feel free to go through all those posts because I am not going through them. Yeah, I got the feeling you were unwilling to do any research yourself That picture was from a Ripple source (I posted it !!! ) and switches the definitions of Decentralised and Distributed that is generally accepted across the crypto community. Unless you have any real argument, with some decent evidence, I am going to take a break. This thread speaks for itself, anyone with any genuine interst has the basic info available to find out more about the scope and potential impact of Nxt. I'll leave you with your closing arguments *hopes for good arguement and links but waits for populist grandstanding with unfounded assertion* |
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How irrelevant is NXT? Dogecoin, a dying coin that was made as a joke, with a picture of doge meme as it's logo has over double the trade volume of NXT.
And LTC, a coin that is supposedly dying, is doing 17x more trade volume than NXT.
NXT is irrelevant.
Its irrelevant to me, I rode a way from 20mil to 80mil and maybe I will ride it again. I just like to confront them since they tend to spam every damn thread on this forum with how innovative they are while in reality its all taken from other coins in a way that has never successfully been done before and valued by the crypto community.FIFY True innovation, no? |
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I mention Ripple in terms of nextcoin only because nextcoin took all ideas from Ripple. And I like to put salt to "oh look how innovative we are, we just copied everything from other coin"
It is easy to do what Nxt has done in a centralised or distributed environment. Nxt is valued highly as it is the first to do decentralised.LOL, you are foolish. First you need to go again to see difference between distributed and centralised. Second I think you dont understand Ripple at all, if you did you wouldnt write such idiot thing. Third just look at how many coins have asset exchange (and had it before nextcoin) and tell me that its really hard to do  Counterparty and Mastercoin had AE's before Nxt and both have been pretty much failures so far. Nxt has been successful since day 1 and getting stronger as time goes on. Nxt has a large, hard won community, a big reputation for innovation and a verifiable track record for delivering what it promises. Attack me if you want but presenting counter arguments (like what you think the definitions of the above terms mean) would be more helpful. Sure, you changed your rethoric now. First it was that its hard to do what nextcoin programmers did, now when you realize that other coins had it too you go into terms of volume. Thats not good way to present arguments. is my rehtoric and my arguements are clear. Yours are abscent. |
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I mention Ripple in terms of nextcoin only because nextcoin took all ideas from Ripple. And I like to put salt to "oh look how innovative we are, we just copied everything from other coin"
It is easy to do what Nxt has done in a centralised or distributed environment. Nxt is valued highly as it is the first to do decentralised.LOL, you are foolish. First you need to go again to see difference between distributed and centralised. Second I think you dont understand Ripple at all, if you did you wouldnt write such idiot thing. Third just look at how many coins have asset exchange (and had it before nextcoin) and tell me that its really hard to do Counterparty and Mastercoin had AE's before Nxt and both have been pretty much failures so far. Nxt has been successful since day 1 and getting stronger as time goes on. Nxt has a large, hard won community, a big reputation for innovation and a verifiable track record for delivering what it promises. Attack me if you want but presenting counter arguments (like what you think the definitions of the above terms mean) would be more helpful. |
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I dont support Ripple, I only use it to move funds between exchanges. (I hold 2000 XRP for transactions fees, that is not even 1USD now, and so far in 1 and a half year of using it I didnt even use a single XRP so most likely I will never have to buy them again)
And XRP is not distributed yet. They only distributed 8,2% of all XRPs.
You're happy to use a distributed exchange, the holy grail for a lot of crypto users is to do everything decentralised. Under nobodies control. This is what Nxt is working towards and leading the field at the moment. |
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I told you where I get that number. From James's mouth. Of course, it could be he is lying
James' numbers back up his position that he thinks no one owns more than 10-15% of Nxt. You should try getting your own numbers and creating an arguement around them. James numbers go against your position. |
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I mention Ripple in terms of nextcoin only because nextcoin took all ideas from Ripple. And I like to put salt to "oh look how innovative we are, we just copied everything from other coin"
It is easy to do what Nxt has done in a centralised or distributed environment. Nxt is valued highly as it is the first to do decentralised. |
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Hello again Atoni MGW isn't a centralised exchange, the software keeps the funds safe in small amounts in a large number of accounts. There isn't one account to hack so as long as you can run servers, you can run this almost decentralised exchange. And the code has been release with Universal Multigateway (uMGW) so any crypto community can run their own cluster of MGW servers. Can anyone provide any proof for these claims about who holds what? The blockchain would be a good start. I think I asked you this last time *waits to be ignored again...  * There are scams on the internet, do you blame the internet for these? Nxt AE is a platform. Each promoter of an asset has to convince the investors that they are legitimate, there is no central leadership in the Nxt Community. So there is no endorsement of any assets. Buyer beware, but you are right. There are a dozen or so excellent projects on there. Re: the trading competition that jl777 ran for the launch of polo, you ignored my last reply. But more importantly, did you actually offer 10k NXT bounty to next community to artificially fake volume on poloniex ( https://nxtforum.org/general-discussion/price-speculation/msg66820/#msg66820), while at same time setting price 100% higher then on nxt ae and unloading it to nxt members that went for bounty....at 100% profit on arbitrage? LOL (lol is meant for faking volume, my condolences to nxt members that actually fell for that gimmick). How is it 'fake volume' if people are trading for profit in their own interest? Does an instant win promotion in potatoe chips with a $200 prize create 'fake sales"? You're reaching Atoni... There have been half a million Nxt traded on the AE in the last 24 hours (htttp://nxtreporting.com/assetcap.php), is there another decentralised exchange that is more successful? So you say its almost decentralized.......its either decentralized or its not. Being that its stored on 3 computers most likely in same room seems very centralized to me. I am sure larger bitcoin exchanges run on more computers than that. My proof for distribution is what James said in that article, that 250 million of nextcoin was released which means 75% is still held. I am very sure all bigger next holders (there are probably only a couple of them) know each other very well so James wasnt lying. I was talking about scams in terms of market cap. If wind took out those scams as market cap he would get a lot different picture. How is it not fake volume if he writes.....We need to get volume up there, I will pay 10k to person with most volume? (we have seen how the volume ended after his "promotion") Last time when it was on coinmarketcap it was at 87 USD volume. Yes there is another decentralised exchange more succesful, Ripple, check the volumes that go on within Ripple network. Was wondering how many posts it would take before Ripple was mentioned Anyhoo.. There are no 100% completely decentralised exchanges. There are centralised ones like Mt. Gox and almost decentralised MGW. Ripppe, as you know, is distributed. The three Nxt MGW servers will be run by Nxt businesses that have vested interests in seeing Nxt succeed: one run by Jl777, one by Nxthuas (Nxt fiat exchange) and one by mynxt.info. If they ruin MGW, they also ruin their businesses. And each server will implement MGW in different ways so if you do manage to compromise one, you will have to find different flaws for the others. And if you don't want to trust these three not to collude (better than just on dev of SharexCoin or the guys at Mt. Gox), you can run set up your own servers for your own coin using Universal Multigateway. So until a 100% decentralised exchange comes along, MGW is the most advanced as an almost decentralised exchange. In time the three servers could be expanded to 20 or 100 or 1000 and then it would be a matter of judgement when it becomes fully decentralised. James concluded that he believed no more than 10-15% of all Nxt is controlled by any one person (that you TS and cryptonuat ignore) and his view is based on trawling through the blockchain. You have just made an assertion on a thread with no evidence that supports your case, only evidence that goes against it. The competition was posted in public forums that were spread around to other threads, there was no secret you keep attempting to suggest. It was to raise awareness of the asset and the listing on Polo. Nothing sinister and nothing behind closed doors. It is all on the public forums. Again, Ripple isn't decentralised and I assume you support Ripple due to it's excellent distribution? |
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Hello again Atoni MGW isn't a centralised exchange, the software keeps the funds safe in small amounts in a large number of accounts. There isn't one account to hack so as long as you can run servers, you can run this almost decentralised exchange. And the code has been release with Universal Multigateway (uMGW) so any crypto community can run their own cluster of MGW servers. Can anyone provide any proof for these claims about who holds what? The blockchain would be a good start. I think I asked you this last time *waits to be ignored again... * There are scams on the internet, do you blame the internet for these? Nxt AE is a platform. Each promoter of an asset has to convince the investors that they are legitimate, there is no central leadership in the Nxt Community. So there is no endorsement of any assets. Buyer beware, but you are right. There are a dozen or so excellent projects on there. Re: the trading competition that jl777 ran for the launch of polo, you ignored my last reply. But more importantly, did you actually offer 10k NXT bounty to next community to artificially fake volume on poloniex ( https://nxtforum.org/general-discussion/price-speculation/msg66820/#msg66820), while at same time setting price 100% higher then on nxt ae and unloading it to nxt members that went for bounty....at 100% profit on arbitrage? LOL (lol is meant for faking volume, my condolences to nxt members that actually fell for that gimmick). How is it 'fake volume' if people are trading for profit in their own interest? Does an instant win promotion in potatoe chips with a $200 prize create 'fake sales"? You're reaching Atoni... There have been half a million Nxt traded on the AE in the last 24 hours (htttp://nxtreporting.com/assetcap.php), is there another decentralised exchange that is more successful? |
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Shall we have a real discussion now cryptonaut? If that is the purpose of this thread.
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Here is a sample of my previosuly deleted posts, looks like cryptonaut only wants to plug EXO at the cost of his 'reputation' : The BTC can be viewed by anyone to see which amounts were donated and when for the original 21BTC that has been collected. You failed to mention James also said that more than half of the initial stake has been sold off.
I have seen you continuously attempting to create the idea that Nxt has kept secrets, that the distribution is dark But the facts are, you can track the BTC donations on the BTC blokchain before Nxt was launched. The Nxt blockchain shows the accounts who got what and where it has been since. This 'revalation' of yours holds no weight, the initial distribution and movement of Nxt since is completely transparent by design.
Do we have any proof for any of your other claims? Did you know that satoshi owns more than 80% of all accounts of all cryptos and he created more than 100% of every coin? It is on a forum so it must be true.
If you have great facts let's see them. Colaboration would be obvious and easy to track in the blockchain, all transactions are recorded and linked. Please post the links showing this colloboration. *posted with and without a plug for MGW at the end* ************* As devphp as already told you in the other FUD thread, "Bruteforcing a bad wallet password has nothing to do with hacking NXT as a technology."
And as I have alrady told you in the other FUD thread...
"
While I'm here, did you know there is a bounty available to anyone from the 'java is rubbish' and 'nothing at stake' crews? It is currently valued at a large chunk of 40 million dollars! Got to be the biggest bounty in crypto history!
All you have to do is exploit the easy, obvious weaknesses and terrible flaws in NXT and POS in general that are repeated endlessly and you will be able to claim a big chunk of the Nxt market cap. Easy money folks! So... on your, marks, set..... GO!!!
*waits for Nxt market cap to be drained to zero*
"
*posted with and without a plug for MGW at the end* ********* |
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I love how on the one hand OP feels the needs to make a "WAKE UP" thread, apparently for the benefit all the "Nxt shills" and then contintues to slag off the "Nxt shills". Now I know Oscar Wilde has said consistency is the last refuge of the unimaginative, but that's quite a leap of imagination there I also love how you claim "FACTS" (sic) and then don't present them. Ah well. If you ever find your conclusive "proof", I'd like to see it. Anyway: upcoming Digital Goods Store! If people know of Indie musicians or game developers, have them have a look at it. It's a great way to take distribution into their own hands. On the 15th of August Sinan Boom is going to launch their new EP on it: https://soundcloud.com/sinan-bomDo them a favour and buy it. ^^^ This will be deleted ^^^ OP doesn't like it when you don't agree with him. It also means this post will be deleted too |
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And this one I reposted.. The BTC can be viewed by anyone to see which amounts were donated and when for the original 21BTC that has been collected. You failed to mention James also said that more than half of the initial stake has been sold off.
I have seen you continuously attempting to create the idea that Nxt has kept secrets, that the distribution is dark But the facts are, you can track the BTC donations on the BTC blokchain before Nxt was launched. The Nxt blockchain shows the accounts who got what and where it has been since. This 'revalation' of yours holds no weight, the initial distribution and movement of Nxt since is completely transparent by design.
Do we have any proof for any of your other claims? Did you know that satoshi owns more than 80% of all accounts of all cryptos and he created more than 100% of every coin? It is on a forum so it must be true.
If you have great facts let's see them. Colaboration would be obvious and easy to track in the blockchain, all transactions are recorded and linked. Please post the links showing this collaboration.
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COBOL looks like it's set to make a nice breakout in the charts. EXO is king. No more scams for anyone. @cryptonaut Why do you keep deleting my posts in the self moderated thread here? >>>> https://bitcointalk.org/index.php?topic=716818.0You have deleted 6 already. What's wrong, afraid of some reasoned arguements? Here is a sample: The BTC can be viewed by anyone to see which amounts were donated and when for the original 21BTC that has been collected. You failed to mention James also said that more than half of the initial stake has been sold off.
I have seen you continuously attempting to create the idea that Nxt has kept secrets, that the distribution is dark But the facts are, you can track the BTC donations on the BTC blokchain before Nxt was launched. The Nxt blockchain shows the accounts who got what and where it has been since. This 'revalation' of yours holds no weight, the initial distribution and movement of Nxt since is completely transparent by design.
Do we have any proof for any of your other claims? Did you know that satoshi owns more than 80% of all accounts of all cryptos and he created more than 100% of every coin? It is on a forum so it must be true.
If you have great facts let's see them. Colaboration would be obvious and easy to track in the blockchain, all transactions are recorded and linked. Please post the links showing this colloboration. *posted with and without a plug for MGW at the end* ************* As devphp as already told you in the other FUD thread, "Bruteforcing a bad wallet password has nothing to do with hacking NXT as a technology."
And as I have alrady told you in the other FUD thread...
"
While I'm here, did you know there is a bounty available to anyone from the 'java is rubbish' and 'nothing at stake' crews? It is currently valued at a large chunk of 40 million dollars! Got to be the biggest bounty in crypto history!
All you have to do is exploit the easy, obvious weaknesses and terrible flaws in NXT and POS in general that are repeated endlessly and you will be able to claim a big chunk of the Nxt market cap. Easy money folks! So... on your, marks, set..... GO!!!
*waits for Nxt market cap to be drained to zero*
"
*posted with and without a plug for MGW at the end* ********* |
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