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2041  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 08:32:38 PM
Can someone post the link to the distribution graphic please?  Grin
2042  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Sia: Siacoin (scn) and Siastock (stk) on: May 14, 2014, 08:28:43 PM
Why did you decide go via the NXT AE?, that method enriches/favors NXT holders and means putting in additional steps to buy the shares for investors who aren't holding NXT. and additional steps for the issuer to cashout to BTC. It's a tedious process to sell often via BTER and means taking haircuts either side if the liquidity is not there . Basically a lose/lose unless you as issuer are planning on accumulating NXT or a buyer already rich in NXT

I want to invest in SIA but don't want to hold NXT because the distribution method is one of the most disproportionately skewed to few individuals in recent memory (early NXT IPO backers, some presumably who used socks to register multiple stakes have already profitted enough), I would rather not support that in any way. You could of made a BTC denominated offering directly using CounterParty (without requirement for any XCP token) and open ownership of siastock to whole crypto community, without having to sell the shares in background via PM's and undertake complicated manual book-keeping to ensure you don't oversell shares and so forth.. Addtionally because that method is on-top of bitcoin blockchain it will be transparent and auditable for anyone to look at so there will be no cries of fraud like with maidsafe IPO.. An example of an IPO issuance on counterparty is below http://blockscan.com/assetInfo.aspx?q=ROCKMINER

You'll find that Nxt today has a better distribution than BTC so it is odd that you promote BTC over Nxt (I wasn't an early investor).


NXT were brought for total of 21 btc between ~73 stakeholders
current valuation~ 71,450 BTC (very short time later)

340238% profit for lucky few. And how many used alt-accounts to register multiple stakes?

http://87.230.14.1/nxt/nxt.cgi?action=34

not better distribution by any stretch of the imagination as far as I can see.

As far as argument against bitcoin distribution goes. (Excluding satoshis mined stash, which for all we know will be distributed evenly in an act of charity) A huge amount of early coins from 2009- 2011 will never be touched again because the private keys are completely destroyed. Bitcoin was a new paradigm. 1-cpu one vote and anyone could join in

My comments were about current distribution, from your comments you still believe Nxt is held by 73 stakeholders?
2043  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Sia: Siacoin (scn) and Siastock (stk) on: May 14, 2014, 07:24:57 PM
Why did you decide go via the NXT AE?, that method enriches/favors NXT holders and means putting in additional steps to buy the shares for investors who aren't holding NXT. and additional steps for the issuer to cashout to BTC. It's a tedious process to sell often via BTER and means taking haircuts either side if the liquidity is not there . Basically a lose/lose unless you as issuer are planning on accumulating NXT or a buyer already rich in NXT

I want to invest in SIA but don't want to hold NXT because the distribution method is one of the most disproportionately skewed to few individuals in recent memory (early NXT IPO backers, some presumably who used socks to register multiple stakes have already profitted enough), I would rather not support that in any way. You could of made a BTC denominated offering directly using CounterParty (without requirement for any XCP token) and open ownership of siastock to whole crypto community, without having to sell the shares in background via PM's and undertake complicated manual book-keeping to ensure you don't oversell shares and so forth.. Addtionally because that method is on-top of bitcoin blockchain it will be transparent and auditable for anyone to look at so there will be no cries of fraud like with maidsafe IPO.. An example of an IPO issuance on counterparty is below http://blockscan.com/assetInfo.aspx?q=ROCKMINER

You'll find that Nxt today has a better distribution than BTC so it is odd that you promote BTC over Nxt (I wasn't an early investor).
2044  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Sia: Siacoin (scn) and Siastock (stk) on: May 14, 2014, 05:28:22 PM
Anon136 is probably the most trustworthy guy on the forum.

+1
Anon136 is well known for being the escrow for many IPOs, all without a hitch (on his end I mean, some of the IPOs have gone belly up and he returned the cash). He has built a good reputation he is leveraging to launch his Silver Bullion Gateway on the AE.
2045  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 02:26:03 PM
Hello! I recharge my account 8034321064066296133,682 a nxt, wallet did not receive credits? ? ? Please help me, thank you!

Is 8034321064066296133 your wallet and you moved 682 NXT to it? Was it from Cryptsy?

Do you have a transaction ID? How long have you been waiting?


Edit: Looking at the blockchain explorer, there was 682 NXT moved successfully to 8034321064066296133 4 days ago.

See >>>> http://www.mynxt.info/blockexplorer/details.php?action=ac&ac=8034321064066296133

What version of NRS are you using?

Make sure the password you are inputting is opening up account 8034321064066296133, a space before or after your password will open a different account that will almost certainly be empty.

We're having a little language difficulty in the PMs  Grin

Any Chinese speakers (Allwelder?) confident enough to take this up? Or just to act as a translator?
2046  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 12:55:15 PM
Hello! I recharge my account 8034321064066296133,682 a nxt, wallet did not receive credits? ? ? Please help me, thank you!

Is 8034321064066296133 your wallet and you moved 682 NXT to it? Was it from Cryptsy?

Do you have a transaction ID? How long have you been waiting?


Edit: Looking at the blockchain explorer, there was 682 NXT moved successfully to 8034321064066296133 4 days ago.

See >>>> http://www.mynxt.info/blockexplorer/details.php?action=ac&ac=8034321064066296133

What version of NRS are you using?

Make sure the password you are inputting is opening up account 8034321064066296133, a space before or after your password will open a different account that will almost certainly be empty.
2047  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 14, 2014, 08:37:32 AM
Just caught up and missed all the fun  Cheesy
2048  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 13, 2014, 04:57:19 PM
Thanks for The pool suggestion guys.

What I'm wondering is, assume you have 1000 NXT and you solo -forge; what would be the average numbers of transactions you would get and how many NXT you would actually earn?
Rough numbers would do more then enough.

Thanks in advance :-)

Edit: Forging for a day, I mean.

in a day = 0
in a week = 0
in a year = 0
in 10 years = 1 Nxt

Ouch!

I'm a total pos newbie but I was expecting something like 0.1% annual interest or so.
This seems something totally different compared to pos coins

Jl777 calculated 0.38% per annum currently.
2049  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 13, 2014, 03:08:10 PM
How about, to prevent scammers, make a period of X blocks (1440?) in order to have an asset available for purchasing (however, people should be able to see it from the first moment) so users have 24h to alert/advice/take the asset down and prevent others from being scammed?  Dunno if what I'm saying makes sense, if it's already there... Etc.

Also, another idea, make it much more expensive if possible (like, 20,000 nxt atm, dunno) instead of 1000 nxt and after x amount of time, give the extra 9,000 NXT back (so money is back only if it was not scam). The problem I see with this is that some assets can be manipulated/taken down by a group of users (let's call them the nxt mafia), so I don't like the idea completely, but it's an starting point maybe. If it makes sense.

Maybe I'm just tired and stupid thoughts pop up in my head Cheesy

EDIT: Also surprises me that volume is relatively small. Maybe it's just my impression. But I assume it's because nxt is getting ready for features but still not available/ready for real world stuff, so people still not using it (this should start changing very soon). What are your thoughts?

Post your ideas in the Asset Exchange Technical Discussion forum >>> https://nxtforum.org/asset-exchange/

You will get the devs looking over them and likely to find out the current thinking for future changes to AE
2050  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 13, 2014, 03:04:44 PM
also you cant reserve a name. they are non unique


SSSShhhhh! Like I said, it is good for forgers  Cheesy Cheesy Cheesy Cheesy Cheesy
2051  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 13, 2014, 02:59:20 PM
So someone paid 1000 NXT to post their "Ether" scam on the AE, and they haven't found 1 sucker yet. Don't underestimate the NXT community  Grin

and how long will stay this scams in the ae, can be deleted?

Don't scream scam so soon. I haven't checked if they have sell orders. If they don't, it may not be a scam. They may just be reserving the name. There will be such cases for sure.

Let's hope more people 'reserve' names, it is good for the forgers  Grin Cheesy  Cheesy
2052  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 13, 2014, 12:57:20 PM
Please keep your spam where it belongs, thanks.


Understood, but it was free and crypto-neutral  Smiley I'll leave you to it.
2053  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 13, 2014, 12:56:21 PM
Perhaps change the wording from tiger to black cat?  Smiley

...now go back to your herd Wink

I can see where I am not wanted  Grin Grin Grin

Enjoy the free silver! You should come over and see what we're up to every now and again, feature implementation is good but now we are getting the devs we have been asking for output will be blistering. I will continue to keep my eye on this thread, we POS'ers should stick together!  Grin
2054  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 13, 2014, 12:35:44 PM
I am aware that there are a few silverbugs in the BC community so thought you might like to know there is currently a promotional give away of free silver tokens (representing a slice of a silver that is backed 100% by a reserve) taking place.

Anon136 is probably the most trusted escrow on this board so you will be comforted to know that he is the one setting up a decentralised Silver Bullion Exchange and giving away the silver  Grin

Do you want me to post the link? I thought I would ask, rather than be accused of spamming the board  Grin You are free to tell me to GTFO too  Cheesy

link please... Cheesy

I will post now, PM me if it gets deleted. Anyone else notice that it isn't a tiger on that pic ^^^  Wink

Here is the giveaway thread, Anon136 is being pretty generous to people that don't know him as well as to people he does:
https://nxtforum.org/silver-bullion-gateway/silver-token-giveaway-thread-%28share-this-link%29/

General (and detailed info) on the Silver Bullion Exchange and how it works can be found here:
https://nxtforum.org/silver-bullion-gateway/

Enjoy   Grin
2055  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 13, 2014, 12:34:22 PM
I am aware that there are a few silverbugs in the BC community so thought you might like to know there is currently a promotional give away of free silver tokens (representing a slice of a silver that is backed 100% by a reserve) taking place.

Anon136 is probably the most trusted escrow on this board so you will be comforted to know that he is the one setting up a decentralised Silver Bullion Exchange and giving away the silver  Grin

Do you want me to post the link? I thought I would ask, rather than be accused of spamming the board  Grin You are free to tell me to GTFO too  Cheesy

link please... Cheesy

I will post now, PM me if it gets deleted. Anyone else notice that it isn't a tiger on that pic ^^^  Wink

How about this one...

2056  Alternate cryptocurrencies / Altcoin Discussion / Re: [NXT] Decentralized Asset Exchange Discussion Thread on: May 13, 2014, 11:06:16 AM

That'l be it  Grin

Any interaction with the blockchain requires a fee, just so it isn't free for attackers to spam and bloat the blockchain. The fee will be reduced to as low as possible to prevent spamming from happening in the near future.


If I want to put a buy-sell order in any asset at AE, Will it cost me 1NXT fee although it doesn't get filled?

Yes. This is why jl777 created InstantDEX (shares listed on the Nxt Asset Exchange yesterday). You only pay for the orders that get filled.

I believe it is a sort of off blockchain clearing house for bids/asks so you don't interact with the blockchain until you get a match with someone else, it should be popular with traders once out of beta.
2057  Alternate cryptocurrencies / Altcoin Discussion / Re: [NXT] Decentralized Asset Exchange Discussion Thread on: May 13, 2014, 10:51:22 AM
OMG, seems I understand. I have 0 NXT balance and cannot pay fee!

That'l be it  Grin

Any interaction with the blockchain requires a fee, just so it isn't free for attackers to spam and bloat the blockchain. The fee will be reduced to as low as possible to prevent spamming from happening in the near future.
2058  Alternate cryptocurrencies / Altcoin Discussion / Re: [NXT] Decentralized Asset Exchange Discussion Thread on: May 13, 2014, 10:28:23 AM
Hello. I'm trying to sell some of my Nxttycoins on AE and whatever I do, no matter how much I'm selling and with what fee, it says "Not enough funds". Why?

For each order you have to be able to pay 1Nxt fee.
Thank you, it's good to know, but still I can't

not 100% sure but maybe you have to give it a day after 1440 confirms before you can sell it.
OK, I'll wait. But others could do it, there are a lot of orders.
Can it be because I used the same account number in NAS registration? Maybe there were some sanctions?

Just a few questions  Grin:
What version of NRS are you running? There was a bug where it couldn't get past certain blocks in early 1.x versions. Upgrade to v 1.1.2 here >>> https://nxtforum.org/nrs-releases/.

If that doesn't fix it, What block are you up to? Current block is around 135790. Let me know if you blockchain is up to date.

Finally, create a new Nxt or NAS account and transfer one of the balances you have out to it. Don't use the same password in Nxt and in any clone. It is unsafe and it is thought that a Clone Attack could be possible (see Clone Attack here >>> https://wiki.nxtcrypto.org/wiki/Glossary). Come-from-Beyond says this is possible and a couple of guys are working on proving this.

If the clone doesn't change the transaction format from the one used in Nxt, there is a chance you could lose your NXT. So best to use different passwords for everything.
I'm using v 1.1.2, current block 135815, blockchain downloaded smoothly and everything is up to date, I think. Maybe later I will try another client. Thank you for precautions, I transferred my nxt balance.

Is there a possibility for asset issuer to ban or restrict me somehow?

I am not aware of any restrictions like that, I am out of ideas  Grin I will link this post to get the devs to take a look for you.
2059  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LAUNCHED - NXTMultiPool - hashrate.org - [+10% bonus] on: May 13, 2014, 10:01:56 AM
The pool is alive! And getting good results, I am told.

See >>>> https://nxtforum.org/nxt-promotion/hashrate-org/msg20262/

Estimates of payouts were off as the wrong exchange rate was used, see full explanation on the thread above.
2060  Alternate cryptocurrencies / Altcoin Discussion / Re: [NXT] Decentralized Asset Exchange Discussion Thread on: May 13, 2014, 09:49:50 AM
Hello. I'm trying to sell some of my Nxttycoins on AE and whatever I do, no matter how much I'm selling and with what fee, it says "Not enough funds". Why?

For each order you have to be able to pay 1Nxt fee.
Thank you, it's good to know, but still I can't

not 100% sure but maybe you have to give it a day after 1440 confirms before you can sell it.
OK, I'll wait. But others could do it, there are a lot of orders.
Can it be because I used the same account number in NAS registration? Maybe there were some sanctions?

Just a few questions  Grin:
What version of NRS are you running? There was a bug where it couldn't get past certain blocks in early 1.x versions. Upgrade to v 1.1.2 here >>> https://nxtforum.org/nrs-releases/.

If that doesn't fix it, What block are you up to? Current block is around 135790. Let me know if you blockchain is up to date.

Finally, create a new Nxt or NAS account and transfer one of the balances you have out to it. Don't use the same password in Nxt and in any clone. It is unsafe and it is thought that a Clone Attack could be possible (see Clone Attack here >>> https://wiki.nxtcrypto.org/wiki/Glossary). Come-from-Beyond says this is possible and a couple of guys are working on proving this.

If the clone doesn't change the transaction format from the one used in Nxt, there is a chance you could lose your NXT. So best to use different passwords for everything.
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