Yes my explanation is in the part of my sentence you cut off:

Besides, from a logical point of view a person who owns a lot of NXT deserves to have "more of a say" in any voting mechanism since the outcome will affect his holding more than someone who owns 100NXT.

It's no different than bitcoin where someone who has a ton of mining power has more of a vote.

Besides, from a logical point of view a person who owns a lot of NXT deserves to have "more of a say" in any voting mechanism since the outcome will affect his holding more than someone who owns 100NXT. People seem to forget that. But it's understandable since intuitively it might seem undemocratic.

The trading volume of NXT on bter.com is looking very healthy indeed.

When you add up the BTC and CNY pairs, the total volume of NXT traded on BTER exceeds dgex.com by 50%.

The future is bright gentlemen.

Very nice.

I agree. Plus trolls will twist it and call it a "bribe".

NXT up 90% in price today.

Good day to be a NXT holder.  

Edited! 

Post in this topic I created on the front page: https://bitcointalk.org/index.php?topic=421328.msg4581069#msg4581069

Gets the word out

Announcement here: http://bter.com/article/12

Edit: Seems like it's live! http://bter.com/trade/nxt_btc http://bter.com/trade/nxt_cny

NXT Coin official topic: https://bitcointalk.org/index.php?topic=345619.0

For now you can buy NXT on the nxt dgex trading platform: http://dgex.com/

Summary of NXT coin:

- Decentralized Alias System / DNS - Complete
     Register names and assign them to URIs.  URIs can be anything from web addresses to Nxt account numbers.  These aliases will be tradeable in the near future.
- Basic DDoS Protection - Complete
- Decentralized Asset Exchange / Colored Coins - Done, but not yet implemented.
     This allows gateways to issue assets on the Nxt network.  These assets can include cryptocurrencies (BTC, LTC, etc), fiat currencies (USD, EUR, RMB, etc), stocks and other assets.
- Transparent Mining - Complete.
     Transactions are encrypted.  Only PoS block generator can decrypt transactions.
- Arbitrary Messaging - Complete. Implementation on block 40,000.
- Instant Transactions - Requires peer review
- Decentralized Marketplace / Auction - In progress
     Buy or sell goods/services in a distributed manner.  All listings are broadcast to all nodes on the network in P2P fashion.
- Distributed Storage - In progress
- Multi-signatures - In progress
- Blockchain Shrinking - In progress
- Two-phase Payments - In progress
     Software supported escrow transactions
- Voting System - In progress
- Reputation System - Will be implemented after Voting System
     Account trust rating system.  Check if sellers on the distributed exchange have a good history, if stock issuers pay dividends and if gateways honor their asset redemptions.
- Decentralized Mixing Service - Concept not ready - Cryptographers please contact core dev team members
- Distributed Computing - Concept not ready
- Smart Contracts - Concept not ready
- Hardware Wallets - Conceptual Stage - Java smart card developers please contact core dev team members
- Advanced DDoS Protection: Project Kharon - Conceptual Stage - Neural net programmers please contact core dev team members

Opening back up already? We're supposed to believe you went from complete syadmin noob to pro in 3 days?

Should have spent at least a month learning the stuff you don't know and patching up the holes in your code. But it's not your coins that get lost in a hack it's the people who deposit at your exchange so I guess you've got nothing to lose.

I admire your patience and self control with that reply. I would be pissed as hell if I was spoken to like that after being robbed.

It's only a scam because you don't have any 

Typically isn't the convention for currencies to start with the letter X? Which is why BTC is sometimes referred to as XBT. And presumably why Sunny Kind primecoin developer chose the name XPM for primecoin.

That would logically leave us with XNT. But is kind of ugly.

Pm'd.

That site has a gaping security hole. Funds deposited will not be secure. Someone contact the developer and I will tell him.

Thank you. Reading the guide to burn via Blockchain.info, I think I understand all of the steps and I am going to try a test amount first but what I don't understand is how to claim my XCP after I have burned my BTC?

Can you please explain this?

How can I burn a bitcoin for XCP using Electrum? I don't have Bitcoin-qt installed and downloading the fullblockchain will take ages on my internet connection.

This (suspected) scam has only been successful because of the NXT phenomenon.

I agree that we shouldn't worry much about marketing right now.

Visacoin is based on the same concept of Aerocoin.

Collect coins from people who missed the NXT train.

I highly suspect both of them are going to be NXT forks or just straight up scams. When NXT was collecting money at least the NXT network was semi operational and you could see CFB tinkering with it. With these new ones it's nothing but empty air from what I can see.