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1741  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 17, 2014, 07:17:14 PM
Bm,

Answer questions please. I just ask you this.

continually claiming that Im ignoring the public doesnt make it true.  the answers are all there.

-bm


No but not answering their questions does.
1742  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 17, 2014, 06:47:33 PM
But in the meantime, lets trump up charges about absolutely nothing to someone who is pointing out what a fraud this is!

How is it trumped up charges? You yourself admitted in this thread you  were paid money for project that you now don't intend to finish?


I never said I was giving up on the project.

-bm


And how are we supposed to read some of your statements in this thread, like the worthlessness of NXT?

I think it's quite simple to understand. Disregard for a moment the whole recent scam story. I come online and see that the developer of one project I invested in has said, among others, that "NXT is essentially worthless", and accuses the Nxt community of being a guild of thieves. Of course, the market value of the project totally sinks. What would you do? Most likely the same a lot of us did, which is simply wait for a statement or an explanation. The questions are very simple.

- Why do you think that NXT is "essentially worthless"?

- Does your opinion imply that AutoDAC is not going to be developed, at least with yourself in the lead?

- If so, what are you going to do with the +1M NXT you received for its development?

Can you please answer these questions to the people who invested and was following the project?


there were a number of confusing components to this whole thing, intentionally created that was(not by me, I was enthusiastic about the idea).  I have offered to work anything out with anyone who 1) can identify themselves as an actual person 2) can credibly claim they were cheated.

important points:

1) I was not the issuer of this asset.  I was not the fundraiser.

2) I have never sold a single share of NXTautoDAC

3) I did not agree with the asset description and made it clear to the asset issuer

I did begin to suspect that the price of NXTautoDAC was being churned/faked.  I have no way of knowing.  The only right thing to do is to offer to work with anyone who is a real person who might have been involved in this.  So far one person came forward with a claim to 2400 nxt.  Fact is I have no real liabilities here either on an ethical or legal basis.  James is primarily responsible for this.  Most of these claims being made against me are false and the reason why they are emerging is because I'm being critical of NXT.

Why is James not being criticized?  He clearly had a lot to do with this.  The answer is obvious.

-bm

What has James done? Just set it out, don't go off on a tangent.
1743  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 17, 2014, 06:41:26 PM
But in the meantime, lets trump up charges about absolutely nothing to someone who is pointing out what a fraud this is!

How is it trumped up charges? You yourself admitted in this thread you  were paid money for project that you now don't intend to finish?


I never said I was giving up on the project.

-bm


And how are we supposed to read some of your statements in this thread, like the worthlessness of NXT?

I think it's quite simple to understand. Disregard for a moment the whole recent scam story. I come online and see that the developer of one project I invested in has said, among others, that "NXT is essentially worthless", and accuses the Nxt community of being a guild of thieves. Of course, the market value of the project totally sinks. What would you do? Most likely the same a lot of us did, which is simply wait for a statement or an explanation. The questions are very simple.

- Why do you think that NXT is "essentially worthless"?

- Does your opinion imply that AutoDAC is not going to be developed, at least with yourself in the lead?

- If so, what are you going to do with the +1M NXT you received for its development?

Can you please answer these questions to the people who invested and was following the project?

Bump.
1744  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people? on: June 17, 2014, 06:29:00 PM
NXT is realy just another SCAM coin.
Just read their newsletter: http://nxter.org/nxt-newsletter-13/
there is nothing going on in that community ... just 50 BIG stakeholders trying to scam noobs.

Thanks for that plug Grin

You can follow up your reading and trial decentralised crypto to crypto trading at nxtforum. Get the latest on Nxts Turing Complete scripts in Automated transactions. Just ask me how.


And why make claims that are easily debunked? Go to nxtforum to see for yourself  Grin Grin
I'm pretty sure it was sarcasm.

So was mine, deliberate misinterpretation more accuratrly Grin
1745  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 17, 2014, 05:16:12 PM
the project has been overtaken by scam artists.  There are good people in NXT.  The forums at this point are virtually unusable.

note that John never mentioned Virtual Corporations.  There is a reason for that.

-bm

This was one scam, and the mods are working out the details right now but it is looking like John's email account was hacked.

Not sure why this is pushing you to trash talk NXT though.

If you look at his posts on nxtforum, he was increasingly adversarial to the community in the last few weeks. This was only a matter of time.


adversarial?  more like concerned.

-bm

pay back the 1 Million NXT you stole from the NXT community.

https://nxtforum.org/index.php?action=post;quote=47040;topic=1381.60;last_msg=47417

Problem with the link...
1746  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people? on: June 17, 2014, 05:08:04 PM
Grin It is very funny here and at the same time a good advertising for Nxt. Thx guys!

Naked advertising, shame on NXT.

Shame on FUDsters if anything  Roll Eyes
1747  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people? on: June 17, 2014, 05:04:42 PM
NXT is realy just another SCAM coin.
Just read their newsletter: http://nxter.org/nxt-newsletter-13/
there is nothing going on in that community ... just 50 BIG stakeholders trying to scam noobs.

Thanks for that plug Grin

You can follow up your reading and trial decentralised crypto to crypto trading at nxtforum. Get the latest on Nxts Turing Complete scripts in Automated transactions. Just ask me how.


And why make claims that are easily debunked? Go to nxtforum to see for yourself  Grin Grin
1748  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 17, 2014, 03:27:31 PM
the project has been overtaken by scam artists.  There are good people in NXT.  The forums at this point are virtually unusable.

note that John never mentioned Virtual Corporations.  There is a reason for that.

-bm

This was one scam, and the mods are working out the details right now but it is looking like John's email account was hacked.

Not sure why this is pushing you to trash talk NXT though.

If you look at his posts on nxtforum, he was increasingly adversarial to the community in the last few weeks. This was only a matter of time.


adversarial?  more like concerned.

-bm


As we are. What's the story with you? Are you in or out, nobody knows.
1749  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Non-Moderated Thread [Updates & Discussion] on: June 17, 2014, 02:51:11 PM
2. creates posts in other coins threads, in which he attacks other communities, devs and members, then screams NEM supporting phrases, in order to make them hate us.

This is what first brought me to this thread  Cheesy A new sockpuppet will be required as Come-from-Above tactics are too well known. "I am NOT Come-from-Beyond" - That is the understatement on the century  Cheesy Cheesy Cheesy
so u think it is cfb? Lol

I think it is obvious no one would confuse the two Cheesy Except those new to crypto, I suppose that is who he is targetting.
1750  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NEM Official Non-Moderated Thread [Updates & Discussion] on: June 17, 2014, 02:43:52 PM
2. creates posts in other coins threads, in which he attacks other communities, devs and members, then screams NEM supporting phrases, in order to make them hate us.

This is what first brought me to this thread  Cheesy A new sockpuppet will be required as Come-from-Above tactics are too well known. "I am NOT Come-from-Beyond" - That is the understatement on the century  Cheesy Cheesy Cheesy
1751  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: June 17, 2014, 02:25:52 PM
devphp is right, that part of Nxt is known as Monetary System. The link above is part of the subforum here > https://nxtforum.org/monetary-system/



Here is an intro to Monetary System:

1. How can NXT users create their own currency?

By issuing a single transaction that says "At height X lock all nxts spent for creation of currency Y and issue Z coins".


2. How does the locking work?

All "burned" NXTs r locked until newly created coins not destroyed. If u destroy 7% of the supply then u get 7% of the locked NXT to ur account.


3. You can take-out NXT from the locked account (by burning NXT) but can you also later put in NXT and get more of that currency.

Only take-out, u can't inflate the supply by locking more nxts.


4. Will this be integrated with the Asset Exchange (will there be a forex to trade between the different currencies)?

All transaction types that use NXT can be used with such "subcurrencies", but transaction fee will paid in NXT anyway.


5. Who will make this? Are you building this Come-from-Beyond?

Me. I'll wait when Jean-Luc adds "satoshi" and then continue.

And 'Satoshi' (NXTQuant) has been added to Nxt.

This is taken from https://nxtforum.org/monetary-system/how-does-the-nxt-monetary-system-work/ and there are follow up questions there.
1752  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I buy crypto "assets"? on: June 17, 2014, 02:01:12 PM
I'm skeptical about it. Just do not like 100% premined and distributed coins.

Quote
There is no mining in Nxt. It is Proof of Stake, everyone and anyone had 60 days to express an interest , ask questions and join in an open unmoderated thread hosted on this forum. Only 103 did come forward and only 73 actually claimed their stake.
1753  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people? on: June 17, 2014, 01:57:06 PM
Did not read,

NxT whale lie
To defend theft

It was not about any theft. And I used big words, it not for you.
But how about you don't call someone a liar, when you knowingly lie on the forum 20 times a day?

He's got a point Tonsil/Come-from-Above



And Nxt's multigateway decentralised crypto to crypto trading was moved to the mainnet yesterday. Perfect timing, not that it will need much promoting Grin Keep up the high profile everyone, people need to know Nxt Multisig is coming
1754  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people? on: June 17, 2014, 01:46:29 PM
Did not read,

NxT whale lie
To defend theft

Wow, cool story.

Look at this!!  Grin

And Nxt's multigateway decentralised crypto to crypto trading was moved to the mainnet yesterday. Perfect timing, not that it will need much promoting Grin Keep up the high profile everyone, people need to know Nxt Multisig is coming
1755  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 17, 2014, 01:39:57 PM
I am enjoying the amount of attention that anyone mentioning Nxt attracts  Cheesy

And Nxt's multigateway decentralised crypto to crypto trading was moved to the mainnet yesterday. Perfect timing, not that it will need much promoting Grin Keep up the high profile everyone, people need to know Nxt Multisig is coming
1756  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people? on: June 17, 2014, 01:39:29 PM
I am enjoying the amount of attention that anyone mentioning Nxt attracts  Cheesy

And Nxt's multigateway decentralised crypto to crypto trading was moved to the mainnet yesterday. Perfect timing, not that it will need much promoting Grin Keep up the high profile everyone, people need to know Nxt Multisig is coming
1757  Alternate cryptocurrencies / Altcoin Discussion / Re: Nxt coin or Dark coin wanted in exchange for BTC on: June 17, 2014, 01:35:35 PM
He wanted DRK too. I am enjoying the amount of attention that anyone mentioning Nxt attracts  Cheesy

devphp, loving the fact train you keep driving through these threads Grin Can't argue with the blockchain  Cheesy

And Nxt's multigateway decentralised crypto to crypto trading was moved to the mainnet yesterday. Perfect timing, not that it will need much promoting Grin Keep up the high profile everyone, people need to know Nxt Multisig is coming
1758  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: June 17, 2014, 01:10:33 PM
So could you please clarify what CfB means? Does he want to increase the Nxt supply some day?

No, NXT supply will stay the same, NXTs can only be destroyed when they are sent ot the Genesis account, new NXTs cannot be created.

Here is a link for you that answers most questions on the antideflation that CfB is talking about:
https://nxtforum.org/monetary-system/how-does-the-nxt-monetary-system-work/

Thank you so much for that link! That clarifies it. I am happy again now Smiley So that means that hard money advocates can use the hard money Nxt while Freicoin-like guys can create their price stable money on top of Nxt? Great! I like Nxt more every day Smiley

Tell your friends  Cheesy Cheesy
1759  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people? on: June 17, 2014, 01:08:43 PM
If you look at http://coinmarketcap.com/ , do you really think that the market cap of NXT should be $71M?

It is a reasonable start. Value is based on what people think it will be worth in the future.

Nxt's value rose on the the launch of the fastest asset exchange in crypto. Multisig-gateway for decentralised crypto-crypto trading was moved to mainnet yesterday ahead of launch (the first subatomic transactions have already taken place) and Nxt's Turing Complete Automated Transactions going into final use case testing before integration into the core. They are the main three for me, all will be released and functional in less than 2 months.

Also Digital Goods Store, Physical Goods Store (NxtTorrent), Alias Transfer and others if they are your kind of thing.
1760  Alternate cryptocurrencies / Altcoin Discussion / Re: Big scam in NXT hundreds of BTC stolen with a one post on: June 17, 2014, 12:42:01 PM
The problem is misrepresentation: this scandel doesn't involve a single NXT, nor was the Nxt Platform used  Roll Eyes From what we know, it was a well targetted old fashioned hack.



Who'd of thought it, someone lying on BitcoinTrashTalk  Cheesy
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