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The walls have been pecked at, and the wall owner moved them lower, whatever was left of them.
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I love July!  NXT/BTC went up over 25% in June so far, from 9362 sat on June 1, so June is great too  |
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They aren't completely stupid you know? They won't create their own coin because they realize no one wants centralized Altcoins. Each dollar spend and each hour used to create googlecoin/applecoin/yahoocoin is a dollar or hour wasted. They know that. They will not waste resources on that.
They can issue PoS coins and exchange them for their own shares, that will quickly make their coin widespread enough to compete with others (not centralized), and then it all gains a network effect because they can target millions of users quickly. Not sure if they would be allowed to do it for political reasons, but economically and strategically they can gain a large share of crypto market with their resources within a short time if they would like to. |
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Please avoid overquoting, it's disrespect to those reading the thread.
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NXT has many features, now even its own NXTCircuS with its own NXTClowN (nxt2damoon)  |
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Under 50 vol is a crime for this coin on one exchange whether the price is going up or down! I swear one guy is holding the price down with about 1 BTC! crazy!
Would it be the other way? If he has bitcoin, he can only be buying, how is he holding the price down? You can hold it down only if you got Qoras  At any rate, no price is a crime, the price is what the market thinks the coin is worth. Why so low? Because you guys don't do the leg work, because few of you have vested interest in doing anything for Qora. |
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I'm not saying it's bad. But there's a room for some improvements Especially if someone from us posts in 2nd gen coins threads. It's much easier to talk to people invested in POS coins coz they're fine with POS and limited number of initial stakeholders. It's almost impossible to deal with POW fanatics so we need to have good relations among other POS coins. Exactly! So your best bet is to sell at NXT AE at lower prices and promote Qora in NXT threads and nxtforum.org even. There is an alternative currencies subforum there. PoS communities must unite! |
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I got tired of people saying they had never heard of Qora. I decided stiring things up and getting people talking was better than being almost unheard of. Sometimes a sledgehammer is needed. Actually I've been defending NXT along the way if you read what I have posted.
I'm just one guy, I end up looking like some ambassador also for Qora cause no one else is talking about it. I should be just one passionate user among another 130 stakeholders. I am fully aware i'm not being subtle, but sadly even trolls are informing people about this coin more than average stakeholder.
Here is what I'll tell you. Original stakeholders don't have a lot of interest to do the leg work, because they got their coins so cheap they already cashed out their original investment, they won't lose anything now even if Qora's price doesn't go up. They are not good marketers for Qora. The best marketer for a coin is a person who purchased the coin at market price. That coin becomes his vested interest and he works his ass off to promote it. Hence, your goal is to get more people on board so that more people have vested interest in promoting Qora. How do you do that? I've been telling you a few times - sell at cheaper prices, the price will later recover if the technology is good, but then Qora will have more people on its side who do the leg work promoting it, because they have vested interest. Some of you guys will call me a troll for suggesting to sell at a lower price. I don't care. You think logically and you will know I am right. |
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Why i bother answering you I don't know
Because you like to? |
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I know
Well, if you know, do something!  Like start selling coins cheaper, start buying name aliases on the alias exchange, at least those with reasonable price tags. |
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0.34% of accounts own 77.40% of total coins. Awesome distribution indeed.
Well, distribution is still going, and will be going for a long time. To compare: In Bitcoin 0.48% own 67.28%. In Litecoin 0.61% own 78.23%. The difference is, in NXT original stakeholders are selling their stash, and distribution gets more even while the price is cheap. In PoW currencies, those who have more money to invest in latest and greatest ASICs get most of the coins, hence the distribution is getting more distorted. |
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Ok so where are all the people that said we have to do more marketing etc in the last few pages. No marketing, one (talented) dev and a lot of get-rich-quick types waiting for the price of Qora to magically jump up without them lifting a finger for it to happen. Perfect storm if you ask me |
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@nxt2damoon,
stop it, you naughty prick or I'll spank you.
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To be fair to the troll it is a bit underwhelming on here.
I am confused daily why the vol on Polinex is like 5-10 BTC while coins like Monero have like 400BTC vol?
In case of Monero, external resources are poured in a form of mining. And this acts as a downward pressure in price. That can explain a greater volume on exchanges. On the other hand, Qora has no external resource to be poured, and the only way to get Qora is to directly buy it on the exchange. This makes Qora so easy to be high in price, without the need to struggle against dumping by a lot of miners! I think this is a major advantage of 100% proof-of-stake coins. Yes, miner is asshole Dumping by miners or dumping by original stakeholders. Which is better? Hmmm... let me think about it |
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And because PoW crowd don't believe in PoS, Qora and NXT must stick together and until Qora has its own Asset Exchange, more trading of Qora should be done on NXT AE. When Qora has its own Asset Exchange, someone will set up a NXT asset on Qora exchange. Qora and NXT are in this together, PoW crowd is hard to convince to buy into PoS coins.
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I am confused daily why the vol on Polinex is like 5-10 BTC while coins like Monero have like 400BTC vol?
Because the PoW crowd is buying Monero with rpietila leading their pack, they are early bitcoin adopters with a lot of bitcoins. Qora is PoS, the PoW crowd don't think PoS is secure. |
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Not very convincing, fits any dedicated programmer description, they usually don't give a rat's ass about design, but ok. Thing is, in all the NXT discussions most people, including CfB, agreed that BCNext is a sh1tty coder, as he presented one big file - the original NXT code that Jean Luc had to do a lot of beautifying and refactoring of. The general consensus was that BCNext is a visionary and can make projections, but coding is not his best skill. My honest opinion is, BCNext never existed, but feel free to disagree.
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We can't know for sure if he is BCNext, I personally think its very possible, too many similarities in how he operates.
what similarities, you fairytale teller |
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I am not sure who's right or wrong, since I didn't follow those events, but I believe the treasurers should be paying bounties by installments, not the lump sum all at once. 25% in advance, then more payments as the dev shows progress. For all future projects.
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The problem is, where is the demand coming from for second best? The supply is there but the demand appears to be diminishing.
Yeah, so if we put 2 and 2 together, the supply of Litecoins is not diminishing till the next halving, which is going to happen in 2016 I believe? Now, let's look at Doge, the supply dumped on exchanges is diminising with each halving, hence no later than September-November we can expect demand exceed supply, as people are hoarding, just like everyone else is hoarding their favorite coins. Demand > supply = price growing. Price growing = hash rate growing. |
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