I am not sure I do  So you want to sell when Nxt drops below a new high?

If you just want a warning of dipping below a certain price, an app is probably the way to go.  If you are worried about losing any money, set a sell order for slightly above the price where you bought at on Bter and it will remember this and sell if/when the time comes on your behalf while you are sleeping.

That is very kind! but I have just found my niche in spamming the threads so that way I get quite well known   There are 3-4 Nxters on nxtforum who seem to do nothing but testing and pushing Nxt forwards that you might never even have heard of  

And you'd be surprised    I bought a large chunk of my Nxt for around these prices (and higher) but BTC was much higher! If we were really smart, we all would have waited until BTC had finished tanking in March ish  

I think I said something like there is only one reason you should sell Nxt: if you think the devs can't deliver what they say they can. Since 'the devs' numbers have probably more than doubled in the last month or so and 'what they say they can' has expanded to so many projects that I can't keep up! then things are loking good for us  

 

I don't know if Bter orders have an expiry time so I can't say 100%.

But if you decide you want to sell everything for 7500 qaunts as a stop loss, put a sell order in for that. As far as I now, the order will stay there on the order book until you cancel it. Try it one night and check if it is still active in the morning/after 24 hours etc and let me know the outcome 

If you are having trouble sleeping, you may have too much 'skin in the game'. Maybe consider reducing the amount you have invested too 

Are you looking to buy low or just limit your losses? You could just set up the orders you want as a buy/stop loss in the order book.

A little more advanced, go to Nxtforum.org and look up the asset 'NxtShort'. It is designed to try and protect you from high volatility in the price if you are holding Nxt.

I believe the penalty is a feature of full Transparent Forging, when the order of forgers is known in advance. If you miss your turn, then your forging power is reduced to zero for 1440 blocks. This is the penalty I think you refer to, to stop anyone trying any funny business in their tracks.

At the moment, we have about 50% of transparent forging implemented. It currently works on what you might think of as a prize draw/lottery. When you are forging, you are in the drawing room with your tickets (NXT) and listening to the draw results. When you stop forging, you just leave the room so can't win the draw anymore. When you come back, your tickets are still eligible and there is no penalty. Your tickets still have a specific chance of winning as before and the longer you stay in the room (forge) the more likely your ticket will come up.

This is the best of my understanding, I am happy to be corrected if I am wrong   Anon136 is writing a paper on TF so has a good understanduing of what 'is' and what 'will be'.

RE: Ethereum

Is everyone fully up to speed with the capabilites (and limits) of both Nxt Automated Transactions (AT) and Ethereum?

From what I read, the impression I get is there might not be a lot in it.

RE: Turing Complete: (Tabloid style cherry picking follows...)


Source: Read the full context discussion @ https://nxtforum.org/automated-transactions/ats-with-fsm-based-dsl/ Skip the bits you don't understand, especially the first post (just like I did     ) I think l8orre's post is the most comprehensible when talking about Turing Completeness (though it is still too abstract to my mind to grasp...)


I have the impression CIYAM (AT developer) isn't too worried about Ethereum either but he might want to correct me 

RE: Fee discussion...



Source: Come-from-Beyond's posts on Nxtforum.org from June 1st ish.



Edit: For clarity, this means is there will be a minimum fee based on a "Nxt per byte of information", set by the hubs that process the transactions.

Hubs are likely to then compete for transactions, while covering their costs, and a market rate for transaction fees will be found.

This will also act as a spam prevention mechanism as spamming the blockchain will have a linearly increasing cost.

Voting System Update!

Kushti is looking at the voting system now, can't keep this guy down...!

Source: https://nxtforum.org/voting-system/status-of-the-voting-system/#msg33345

I was under the impression that it would be 1 Nxt = 1 Vote but there is a selection of voting models listed here with a suggestion for implementing all of them    >>>>> https://wiki.nxtcrypto.org/wiki/Voting_System


*finishes poking the hornet's nest and runs for the hills*  

What is your account number? Common password error is including adding a space before or after, this counts as a new password.

Is Nemstake shown in "My assets"?

You tease  

ETA?  

Edit: this is Alias trading/transfer

What feature do you want implemented after Monetary system?

i) Phasing - part of Account Control, can be used like Multisig, includes 2-phase payments.
ii) Mixing - mixing based on CoinShuffle approach.
iii) Service Providing - will allow to provide off-chain services for subscription payments (or for free).

Vote here >>> https://nxtforum.org/general-discussion/what-feature-to-add-after-monetary-system/msg31103/

Whoop whoop! 

A cross-coin bounty website seems like a good idea.

Everyone lists the bounties available for their coin/platform and then devs browse at their leisure, it could be a way to attract new devs to Nxt.

And it looks like someone has already done it >>>> http://coinbounties.com

What do you think? Could it give easily give us the organisation that some people crave

That message was just for me, (s)he sent me a PM.

+1

The paradox of all decentralised cryptos removing the need to trust centralised weak points is the HUGE amount of trust required to get them off the ground  

Ok, I have made my points and now I am going. I give the floor to anyone else for closing statements and let's move on 

Links? Or in light of the discussion we have just had, any reason why anyone should believe you? 

I agree  

Now who was dimisissing its validity? My point was exactly what we have just agreed, we don't know anything about the source and shouldn't make any claims about it.

Hence, me wincing when I see "100% unique source code and devs invented new POS algorithms" and "get x2 profit within a month or x5 within a couple of months".  

As I can feel us going around for another circle, I'll pre-empt and refer back to my original post and people can cycle through this discussion again rather than us having to type it all out again    


See my objection here >>>> https://bitcointalk.org/index.php?topic=522102.msg6991377#msg6991377 and I am happy to have agreed not to make claims about things we presently know nothing about.

Fair enough.

Then maybe we should wait until we see the code before making potentially groundbreaking claims and comparisons about it  i.e. keeping our feet on firm ground 

Lol  

Did you know Come-from-Beyond, since quitting Nxt, has been working on Qora as his other project he mentioned in his leaving address? Everyone in Nxt knows he is BCNext anyway. In other news, Apple are looking to adopt a crypto for its App store (something about avoiding tax) and the first emails Qora sent were well received. Word is there is a meeting set up early next month, nothing is taken for granted but it is looking very good. This will bring a lot of adoption to Qora.

Keep this under your hat but within a month, Qora will be at $40 each easy. You heard it here first, don't say know one told you when you're crying and butthurt.  




(^^^ These are all baseless assertions, loose arrangements of unrelated truths and/or fabrications represented as cast in stone facts or, as it is apparently sometimes known, 'Qora breathing'    )


If only we all confronted posts like this one as aggressively as we all fight FUD   I'll leave you to it.

No, don't do this with any Nxt clone. It is unsafe unless the Clone has changed the transaction format. But even then I wouldn't do it.

A 'Clone Attack' is thought to be possible by Come-from-Beyond and a couple of Nxter's are working on proving it.

****
Clone Attack
 
Clone Attack is a scheme for stealing NXTs through the use of a Nxt Clone and can only be successful if you use the same passphrase on Nxt and on a Nxt Clone that uses the same transaction format. Very Important: Do not use your Nxt Account passphrase for anything but your Nxt account. The Clone Attack is a very simple attack so could become common if people are reluctant to generate new Strong Passphrases and reuse their Nxt Passphrase in any Clone. It is described below using a fictitious clone named NEX:
 
1. You use the same account passphrase in NEX as you have in Nxt.

2. The attacker sends you an amount, say 10000NEX, perhaps at the launch of the Clone, as a giveaway or as part of day to day transactions.
 
3. Later, the attacker offers to buy 5000NEX from you for 0.01 BTC (this will always be a generous offer for the Clone).
 
4. The Attacker sends you the Bitcoins in advance and you send him 5000NEX.

5. The attacker then broadcasts the NEX transaction you sent them onto Nxt network, .
 
Result: 5000NXT is removed from your Nxt account and you only received a small percentage of its value. Again, very important: Do not use your Nxt Account passphrase for anything but your Nxt Account. Anyone can broadcast transactions from a Clone into Nxt and vice versa, if the clone doesn't change the transaction format used in Nxt. So anyone who uses the same Account Passphrase in both can lose NXTs.

****

Source: The Nxt Glossary  http://wiki.nxtcrypto.org/wiki/Glossary