Nice work!

10k on bitcoins is your safest investment

People who think the price too high, or unfair distribution, etc -  there’s really not much you can do to convince stakeholders otherwise (or according to rickyjames the top 51 accounts with over 78% of all NxT's) - conflict of interests, beating a dead horse. And they have that right/privilege, and I don't judge them for it. I'd be doing the same thing. But, the stakeholders, and all NxT holders for that matter, can’t exist in the long term without attracting new buyers - buyers have power, too.

The only impact you can really make, as a new buyer, is to choose to buy them at a price you're comfortable with. Bring down demand to what YOU believe is the right valuation for NxT, especially since no new coins can be obtained/mined as with other coins. What do you think it’s worth today? Everybody has their own number. Others just follow the herd and buy at market - poor strategy.

People talk of strategy, and this is mine: two months ago, all 1 Billion coins were acquired at about $4,000 between 73 people. Today, two months later, what do you think all the 1 Billion coins should be worth today? 100x? 1000x? or what current levels say - 4000x-6000x, or $40-80 Million in total? My personal number (and it's not the holy grail, just my opinion, and I put my mouth where the exchange is via a limit order) is 1000x - that’s a 100,000% 2-month return for original risk taken, for something where the source hasn't been released to the public - still pretty damn good - can you name any asset that achieved such a return in 2 months, or even close?

Fair or unfair, I don’t care - this is crypto-capitalism, and such talk of fairness is weak, but everybody has their number as to what they believe is a reasonable return, i.e., a reasonable valuation, for NxT, i.e., a reasonable price to pay if all the information is made aware to the public and is easily obtainable (such info as original IPO amount of $4,000). My number is around 1000x, so that would mean a price of about .000021-.00004. So, that’s what I’m waiting for. Yeah, I still have a small position, and managed to just get some .00006, but I won’t be investing more until it goes back to those levels. And I bet other potential investors sitting in my shoes are thinking something along these lines. At least while the technology is still closed source and has not been peer reviewed by a wider audience, 1000x is plenty.

Don't be hating on me for having an opinion, and calling me out. As long as the price stays in the 3000x-6000x levels, I'll keep reminding potential new buyers of the information they may not have been able to obtain themselves - and the choice is up to them whether to buy or not. Indeed, the market seems to be responding in my favor, whether my babble had any effect or not. I might be the big elephant in the room, but I'm not the only one with these opinions - others have noted similarly, perhaps less bluntly.

zerothegreat,

I am sure everybody understands there are risks. There are no places to put your money without risks. I am not advocating that everybody should sell their homes and buy NXT with the proceeds.

As long as people understand what NXT is and have a proper timeframe, measured in months or even years, and that there are risks, that is what is important.

Best to underpromise and overdeliver.

The purpose of all investments is to make more money, or at least protect it from devaluation. I have not seen anywhere anything to the contrary. People tend to want money because it is money. NXT community is not purely profit driven, as there are many volunteers who are putting in a lot of hours, relative to their stake size. A lot of us feel that we are part of something big, something that will transform the world for the better. To some, that is more important from money, but money is good too.

James

thanks! thats very interesting. Good to see that NXT is in top5!

January 3rd is the official launch of Nxt when the open source documents are revealed. I wonder what price we will be looking at?

I think around 0.0003

it's at the bottom of the list. links to index price etc. are not connected.

20,000 Litecoins get created a day or something. That's $400,000 new coins getting dumped or hoarded everyday.

NXT? 0 coins get created every day.

Just from one single exchange we've seen how far the price has rocketed. Wait until more features start rolling out. If Ripple can get to 2 billion market cap I don't see why NXT can't challenge for that spot.

I've just enabled it so that anyone above 1,000,000 will not receive any coins. (Perhaps that is even too high).

Anyway, original founder, please consider donating a million or so to the faucet. That way I can give out 1,000 nxt to everyone.

haha. people in the btc-e trollbox are talking about nxt already

Why BTC-centric?  I have some BTC, but they just sit on an SD card.  Doing nothing.  Been bored since I moved them off (for tax reasons).  Nxt has been quite interesting thus far.  Aliases, Messaging, Colored Coins - Oh my!

Expand functionality or die.

Don't worry. Soon we'll get more DDoS attacks, black PR and other similar things. Some of the major stakeholders will lose confidence and sell most of their coins.

I think so too. We will see a bigger drop in the price sometime, maybe sometime soon. Some of the current NXT buyers just want to make some quick money and will start to dump, or maybe one of the first-stakeholders will sell all their (millions of) NXTs. I hope NXT will survive this pricedrop.

Anyway if one/some first-stakeholder(s) will sell all their NXTs it will be good for the NXT network, it will stabilize the price after a bumpy ride because a wider distribution of NXTs.

That's called a paid press release and means absolutely nothing.