So, panic buying once $475 is broken?
I have the finger pointed on the red button personally. Jumping in @ 480. Aaand... |
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Back in a Doge fight  |
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You also missed an apostrophe in your earlier post. Most unlike you; perhaps you are tired today.
Heavy use of opiates past couple of weeks. Still recovering from damage taken. Thumb typing in bed. Commiserations. Financial modelling is more hazardous than I had appreciated. |
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Cost of equipment: CEQ = 2000 USD/(GH/s) (modern equipment)
[Source: @aminorex]
I think that's a typo or something, should be closer to 2000 USD/(TH/s) I believe.
Yeah I was sloppy and erred. Thps it should be, and the $ figure could well be obsolete as these prices change constantly and I haven't checked in a few weeks. You also missed an apostrophe in your earlier post. Most unlike you; perhaps you are tired today. |
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1718btc volume. good lord
Is that good or bad? 1556 now. It's unheard-ofly low in recent times (anyone care to dig up the last time?) I guess a part of it is that more people are buying off-exchange. And a part is that people don't know what to do and whether up or down is next. And a part is probably that a lot of people have sold in disgust and walked away from bitcoin after getting burned. |
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Anyone else get the sense that things are suddenly moving very fast?
I wouldn't say we're moving fast in regards to NXT/BTC rates... it's been a long time coming... expect a retrace of course... It feels fast. 24 hours ago people were excited about overtaking Dogecoin in market cap. Now #4 is close and #3 doesn't seem like a stretch. In terms of awareness NXT just shot upwards. But I reckon BadPonzi has a solid and sustainable business plan  |
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https://nxtforum.org/index.php?topic=1463.msg23323#msg23323- We are now being approached by Venture Capitalists.
- We have an investor for the amount of $ 250,000. chanc3r will take lead in this.
- We have been invited to a local affair here in NL, which might be a good test case for our local meet ups initiative and have a Nxt meet. The meet is in Arnhem.
Still bucketloads of interest here and it's not diminishing.
Anyone else get the sense that things are suddenly moving very fast? |
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Bitcoin has a small risk of going to zero, perhaps 3% annualized. That is about the same as fiat cash, or stocks, so we are talking about a net zero risk.
GENIUS  Wait that means statistically fiat has a 50% chance to go to zero every 23 years. Yup. Did it 4 times in the 20th century, or didn't you notice? |
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Soon Doge will walk on a leash!
5 Dogecoin $ 35,139,145
6 Nxt $ 35,056,359
Just checked. It's leashed! Hopefully NXT will consolidate above the Doge. |
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That would be so immense my head would probably explode. Other than that, I feel it would be quite a good thing. |
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Actually there was a set of graphs I liked with the concentration of NXT in the top 100, 1000 accounts. It was still fairly concentrated but definitely going in the right direction. I'm guessing the AE will accelerate the redistribution as large holders invest in promising companies instead of waiting for the currency alone to appreciate. Partly, of course, it's just that not many people currently use NXT. My client is saying 34,432 accounts, assuming that means what I think it does. If that went up by an order of magnitude then the price would follow and redistribution would be even more attractive.
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We should have a doc, if there isn't one already, with a basic history/about NXT that covers these objections incidentally (if you address them head on it's making a big deal about something that shouldn't be a big deal). What it is, how it was started, dev team/community, key differences/advantages from other cryptos, how to get started, etc. A bit like a white paper but pitched at a very accessible level and geared towards getting people to download the client and get started.
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gg bears. it FEELS like a bull market now. I know it's wrong to tarde with emotion, but what about hodl with emotion?
Maybe. Trading using other people's emotion is a different matter  And the mood around here definitely does seem to have changed in the last week. The expectation of a last crash to ~350 seems to have all but evaporated in most quarters. |
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Sadly, slow withdrawals and general confusion seems to be a problem with Cryptsy. I don't know whether it's just NXT or not. I was lucky enough when I bought a few a while back, but I won't be using them again after all the problems NXT users have said they've had.
BTER gets consistently good reviews, for future reference. More exchanges are on the way, including a NXT-fiat one - watch that space.
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On the point of overtaking Doge to be #5. Won't be much longer now.
Then i can die in peace. Please for christ sake, we dont have to go to the moon, just squash that god damned doge!  #3 in a couple of months, I'd think, if not before. I'd like to track adoption via number of clients running as well as price, since the former is obviously a better indicator of true use. I'd be interested in the link between adoption and market cap. I suspect it will be very different to bitcoin due to the emphasis on real-word use from the get-go. |
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On the point of overtaking Doge to be #5. Won't be much longer now.
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This rocket can't go anywhere because there is no fiat to take it anywhere. But you guys can keep holding and watching this boring crap. Good luck with that.
Fiat is trickling, not flooding in. It's not a rocket, it's a Zimmer frame. But it might finally be heading in the right direction. |
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Ok AE is done, NXT still 0.02. When at least to 0.15?
I'm not surprised the AE didn't boost the price more than already it had by Saturday. Bitcoin's market cap is way ahead of its adoption due to vast amounts of speculative money. The AE means that NXT's market cap will be much more closely tied to genuine, useful economic activity. The launch of the AE doesn't create that, it just enables it. NXT has quite limited adoption so far - 34,000-odd accounts plus whatever is held in web wallets and on exchanges (someone correct me if I'm wrong there). And yet its market cap is still $30 million. I'd expect big changes in that as more people sign up to use the AE, launch IPOs and do business. In fact, there are only 1 billion NXT. Some of the IPOs are already looking for 15,000,000 of that. The market cap cannot support that level of business without increasing significantly. But I hope and expect it will be down to adoption and genuine use more than hype. With bitcoin, utility badly lags its market value; with NXT the two should go together. |
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