AE is launched!!!  No doubt we will be targetted by those with less than good intentions so set your Scam-dars to full alert For information, The Nxt Mobile Applications Company....will NOT be issuing shares with the NMAC name.
So don't buy anything with the ticker NMAC claiming to be the Nxt Mobile Applications Company  |
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One more promise delivered Nice one guys! |
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Thanks! Actually I was hoping for a little more detail  The address is something like sha256(curve25519(sha256(key))). It is presumably as easy or hard to bruteforce this regardless of whether an account has been verified. If you know the key, you have access to the account. You must be talking about an intermediate step - a way of sending funds from an account without using its private key? I don't think this got replied to. As I understand it, that's not what an account is in Nxt. In Nxt an account is only the first 64 bits of the hash. That's why it's relatively weak. It's also why it can be expressed in 21 digits, where Bitcoin needs 34 alphnumeric characters. So account collisions are much more likely in Nxt. When you first send from a Nxt account, your public key is registered to the account, and that brings the security back up to 256 bits. Thanks - that's helpful. I think I understand it now. It rules out conventional cold storage, unfortunately. You can create an account on an offline computer, send some coins to it, then create a transaction signed on the offline computer, move that transaction to an online computer, and broadcast it. That gets your account associated with a public key without the private key ever being exposed an online computer. I say "you can" but I don't know if the wallet software to do this exists yet; if it doesn't it could (and should!) be written. It'd work pretty much the same as Armory, except with the need to create that initial (offline) transaction. Account control will allow you to lock your account, preventing any outgoing transactions that will add good security. Post in the nxtforum account control subforum and come-from-beyond will pick it up. Cool, thanks for both replies. How would account locking work - separate password? The main attack I see happening on NXT is malware/keystroke loggers. I really like the all-offline solution of bitcoin cold storage because it's so elegantly simple and powerful. Wondering what the NXT analogue is. It is in Come-from-beyonds hands. The last discussion I saw was in the megathread. For now, we have http://wiki.nxtcrypto.org/wiki/Account_Control or posting questions in the subforum above. |
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Thanks! Actually I was hoping for a little more detail The address is something like sha256(curve25519(sha256(key))). It is presumably as easy or hard to bruteforce this regardless of whether an account has been verified. If you know the key, you have access to the account. You must be talking about an intermediate step - a way of sending funds from an account without using its private key? I don't think this got replied to. As I understand it, that's not what an account is in Nxt. In Nxt an account is only the first 64 bits of the hash. That's why it's relatively weak. It's also why it can be expressed in 21 digits, where Bitcoin needs 34 alphnumeric characters. So account collisions are much more likely in Nxt. When you first send from a Nxt account, your public key is registered to the account, and that brings the security back up to 256 bits. Thanks - that's helpful. I think I understand it now. It rules out conventional cold storage, unfortunately. You can create an account on an offline computer, send some coins to it, then create a transaction signed on the offline computer, move that transaction to an online computer, and broadcast it. That gets your account associated with a public key without the private key ever being exposed an online computer. I say "you can" but I don't know if the wallet software to do this exists yet; if it doesn't it could (and should!) be written. It'd work pretty much the same as Armory, except with the need to create that initial (offline) transaction. Account control will allow you to lock your account, preventing any outgoing transactions that will add good security. Post in the nxtforum account control subforum and come-from-beyond will pick it up. |
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thanks for message,so many useful links.nxt is the future! Bithaus have posted on the thread above with good news. We (Bithaus) are definitely interested in being listed on the Asset Exchange. For now as a short-term solutions several investors of Bithaus are selling their assets in Bithaus through their very own Exchange Traded Fund.
What we are waiting for is the green lights of our regulators in Switzerland. If that is sorted, you can rest assured that we will put our entire business on the AE!
More to be announced soon.
We'll just have to wait for the announcement |
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ForgeCoin looks interesting to me in the above list of upcoming asset offers, but .85 BTC seems a bit expensive for an Antminer S1. They seem to be going for about .5 BTC these days. Still, if there are no extra charges for power use that could turn out to be a good deal. That's not clear from the ad, though. Is there no extra charge for power? (other than the "management fee" of 3% of the revenues, which seems reasonable) I've never mined before, so I don't know how much the real monthly power costs amount to. It's a cool idea though, I'd consider buying in if the price and payout are actually competitive with what it would cost me to set up my own rig. That being said, as a NXT investor I'm completely against the very idea of mining You would have to follow the link and ask directly I'm afraid. I am meaning to put the 'promoter' name to each listing to (jl777 for example). |
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Updated dotsforbits and added Bithaus, Forgecoin and nextcoin24.org. Source: https://nxtforum.org/news-and-announcements/asset-exchange-ipos-launch-day-listings!/msg12697/#msg12697 Confirmed for launch or soon after:
DotsforbitsTicker nameXDFB What is it? Domain Name Marketplace & Domain Name Parking Service What percentage of the company is being sold? 25% How many shares to be sold? 1,000,000 What price will they be sold at? 15 NXT (15 XNT written to equivalent ISO standard) Nxtforum discussionhttps://nxtforum.org/general-discussion/comming-soon-%27dfb%27/msg12362/#msg12362 (Details will be posted soon in this thread) Other siteshttp://dotsforbits.com/http://www.youtube.com/watch?v=_9JAK4TAUvENxt account used to issue assets4902825978590794884
InstantDEXWhat is it? InstantDEX (Instant Decentralised Exchange) will let people change their bid/ask on the Nxt Asset Exchange without fees and only charge when a trade happens with 3-5 second transactions, generating revenue from fees. Trading between Nxt, Nxt Assets, Bitcoind forks will be possible with plans to add fiat gateways using Ripple IUOs. What percentage of the company is being sold? 0%, see jl777 full comments below. Shares have been distributed to those involved in the project and shares will be available if they choose to sell. How many shares to be sold? 1,000,000 What price will they be sold at?Market price, whatever people judge them to be worth. Nxtforum discussionhttps://nxtforum.org/instant-transactions/secret-project/Discussion for supporting technologyhttps://nxtforum.org/multigateway-jl777/nxtsubatomic-atomic-crosschain-exchange/Nxt account used to issue assets4383817337783094122
NXTcoinscoWhat is it? NXTcoinsco (NXT Coins Company) is a company creating coins on top of AE with plans to use Nxt Parallel Blockchains and Nxt Monetary System when they are implemented. Nodecoin is the first coin created by NXTcoinsco What percentage of the company is being sold?0%, see jl777 full comments below. Shares have been distributed to those involved in the project and shares will be available if they choose to sell. How many shares to be sold?1,000,000 What price will they be sold at?Market price NxtForum Discussionhttps://nxtforum.org/multigateway-jl777/private-investment-opportunities/msg12764/#msg12764Nxt account used to issue assets9839339869956953060
DGEX ExchangeWhat is it? NXT and NAS to BTC exchange (dgex.com) with plans to add fiat gateways What percentage of the company is being sold? Shares have been sold and can be traded at DGEX.com. Graviton plans to move trading across to the AE in due course. How many shares to be sold? N/A What price will they be sold at? Market value Nxtforum Discussionhttps://nxtforum.org/trading-exchanges/dgex-shares/msg10884/#msg10884Other linkshttps://dgex.com/trading.cgi?acro=DGEXNxt account used to issue assetsTBC
NOXAMWhat is it?Nxt based sci-fi MMO browser game What percentage of the company is being sold? 25% - 30% How many shares to be sold? TBC What price will they be sold at? TBC Nxtforum discussionhttps://nxtforum.org/nxt-browser-game/investment-information/Other linkshttps://nxtforum.org/nxt-browser-game/http://newnxtgames.com/noxam.htmlNxt account used to issue assetsTBC
Nxt Silver Bullion GatewayWhat is it?Read the Nxtforum thread linked below before buying. Anon136 will be making available on the asset exchange 1 Troy Ounce 999 Fine Silver Warehouse Receipt Tokens. 100%+ reserve will be maintained at all times. What percentage of the company is being sold? N/A, token number will vary with the size of the reserve. How many shares to be sold? N/A What price will they be sold at? Market Price Nxtforum discussionhttps://nxtforum.org/silver-bullion-gateway/%28ann%29-nxt-silver-bullion-gateway-by-anon136-%28b%29read-this-before-purchasing%28b%29/Other linkshttps://nxtforum.org/silver-bullion-gateway/Nxt account used to issue assetsTBC
BithausWhat is it?jl777 obtained 1.8% of Bithaus profits via personal investment. He will issue 18000 Bithaus assets, each representing .0001% of Bithaus profits. He will automate distribution of the profits he get from Bithaus to the holders of these assets. These are not the official Bithaus asset, just a slice of jl777's personal shares. jl777 will probably put up ~1000 of them at the same price he paid for them as a public service. What percentage of the company is being sold? 1.8%, unofficially How many shares to be sold? 18,000 What price will they be sold at? 1000 at cost price, the rest at market price. Nxtforum discussionSee page 3 of this thread. Nxt account used to issue assets18146608053740744717
ForgeCoinWhat is it?Mining slots for sale, see full post on page 3. Electricity rate is one of most important costs of Mining, But What if you can mine at an electricity rate about $0.01/KWh? ForgeCoin decided to help you to do so! We have rented a Factory in an Industrial Zone of a country with Cheap electricity rates. 30 Antminers currently reserved by ourselves. 145 remaining Slots can be sold through Asset Exchange each one an equivalent of 0.85 BTC each. Mined funds will be paid weekly in BTC or NXT. 3% Management cost will take place over any revenue through mining. First month contributors will receive a 10% Discount because they trust us and risk their Money. This means that each asset will cost 0.765 BTC from May 15 until June 15. A ROI of 3.5 month can be estimated. Additional information will be published on our website: What percentage of the company is being sold? 83% (145 of 175 slots) How many shares to be sold? 145 What price will they be sold at? 0.765-0.85 BTC, depending if early investor Nxtforum discussionSee page 3 of this thread. Other linkshttp://forgeco.in/Nxt account used to issue assets10807998119924651512
nextcoin24.orgTicker nameXDFB What is it?The first german NXT Tutorial/News Page, the owners explain what NXT is and how to buy them on DGEX with simple Animations. Revenue will be made from referrals, google ads and donations. New Features that will coming soon, i) multiple Languages: english, french, spanish ii) animated tutorials to buy and trade on other exchanges like bter, cryptsy and bithaus. If you own 800 shares you can save your Ref Links on the future Exchange tutorial Pages (like the Dgex Tutorial page right now) If you own more than 4000 shares ill put your Nxt Donation Link under every Blogpost and on the Top of the Page. If you own more than 8000 shares you can put your Google ads on www.nextcoin24.org and the forum. If you own more than 14000 Share you got all rights on the page What percentage of the company is being sold? 80% How many shares to be sold? 20,000 What price will they be sold at? 30 NXT Nxtforum discussionSee page 3 of this thread. Other linkswww.nextcoin24.orgNxt account used to issue assetsTBC
Make it easy for us, link your thread here with a brief description please
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New Client NRS v1.0.2 software available https://nxtforum.org/nrs-releases/nrs-v1-0-2/Client Updates:
Do not forge automatically when downloading the blockchain.
Wait until blockchain finished downloading before allowing form submits.
Update notification fix.
Make blocks and peers page auto-update.
Show buy/sell notification of assets |
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If I put my house up for auction for $1 and it sold $100,000, is this mark up 'insanity'? Or do people use things other than the initial price to determine value?
You have shown repeatedly that you don't understand value, only price. And you use it in your guide arbitrarily (this is your methodology everyone is talking about that you have admitted excludes important factors in determining long term value) to decide whether something is a 'good investment'. Your methodology is bad which creates bad conclusions.
no. the better analogy is that you bought your house for 100 dollars in october, and sold it for 100,000+ in December. What's wrong with that picture? Nothing, as it was sold to me for much less than people value it for. The same is true for Nxt. People see what Nxt can do and what is planned and the price rises as they think it will have more value in the future than it does today. well we agree to disagree here. If i buy a house for 100 (waaay undervalued) and then begin selling it at 100,000, those people buying on the other end are suckers. "When what is planned" actually happens with nxt, then it can validate the price. its def not there yet. You might try to agree to disagree but anyone with any understanding of what creates value and how to judge it will see the glaring errors in your piece. If you want to label anyone a sucker, it would be Bcnext for giving away ideas and software worth millions of dollars for a few thousand bucks. |
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If I put my house up for auction for $1 and it sold $100,000, is this mark up 'insanity'? Or do people use things other than the initial price to determine value?
You have shown repeatedly that you don't understand value, only price. And you use it in your guide arbitrarily (this is your methodology everyone is talking about that you have admitted excludes important factors in determining long term value) to decide whether something is a 'good investment'. Your methodology is bad which creates bad conclusions.
no. the better analogy is that you bought your house for 100 dollars in october, and sold it for 100,000+ in December. What's wrong with that picture? Nothing, as it was sold to me for much less than people value it for. The same is true for Nxt. People see what Nxt can do and what is planned and the price rises as they think it will have more value in the future than it does today. |
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If I put my house up for auction for $1 and it sold $100,000, is this mark up 'insanity'? Or do people use things other than the initial price to determine value?
You have shown repeatedly that you don't understand value, only price. And you use it in your guide arbitrarily (this is your methodology everyone is talking about that you have admitted excludes important factors in determining long term value) to decide whether something is a 'good investment'. Your methodology is bad which creates bad conclusions.
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I have updated the Nxt Asset Exchange IPO Listing thread, copied below and full thread can be found here >>> https://nxtforum.org/news-and-announcements/asset-exchange-ipos-launch-day-listings!/msg12697/#msg12697Enjoy!
DotsforbitsWhat is it? Domain Marketplace, buy and sell domains for crypto with 1000+ extensions What percentage of the company is being sold? TBC How many shares to be sold? TBC What price will they be sold at? TBC Nxtforum discussionhttps://nxtforum.org/general-discussion/comming-soon-%27dfb%27/msg12362/#msg12362Other siteshttp://dotsforbits.com/http://www.youtube.com/watch?v=_9JAK4TAUvENxt account used to issue assetsTBC
InstantDEXWhat is it? InstantDEX (Instant Decentralised Exchange) will let people change their bid/ask on the Nxt Asset Exchange without fees and only charge when a trade happens with 3-5 second transactions, generating revenue from fees. Trading between Nxt, Nxt Assets, Bitcoind forks will be possible with plans to add fiat gateways using Ripple IUOs. What percentage of the company is being sold? 0%, see jl777 full comments below. Shares have been distributed to those involved in the project and shares will be available if they choose to sell. How many shares to be sold? 1,000,000 What price will they be sold at?Market price, whatever people judge them to be worth. Nxtforum discussionhttps://nxtforum.org/instant-transactions/secret-project/Discussion for supporting technologyhttps://nxtforum.org/multigateway-jl777/nxtsubatomic-atomic-crosschain-exchange/Nxt account used to issue assets4383817337783094122
NXTcoinscoWhat is it? NXTcoinsco (NXT Coins Company) is a company creating coins on top of AE with plans to use Nxt Parallel Blockchains and Nxt Monetary System when they are implemented. Nodecoin is the first coin created by NXTcoinsco What percentage of the company is being sold?0%, see jl777 full comments below. Shares have been distributed to those involved in the project and shares will be available if they choose to sell. How many shares to be sold?1,000,000 What price will they be sold at?Market price NxtForum Discussionhttps://nxtforum.org/multigateway-jl777/private-investment-opportunities/msg12764/#msg12764Nxt account used to issue assets9839339869956953060
DGEX ExchangeWhat is it? NXT and NAS to BTC exchange (dgex.com) with plans to add fiat gateways What percentage of the company is being sold? Shares have been sold and can be traded at DGEX.com. Graviton plans to move trading across to the AE in due course. How many shares to be sold? N/A What price will they be sold at? Market value Nxtforum Discussionhttps://nxtforum.org/trading-exchanges/dgex-shares/msg10884/#msg10884Other linkshttps://dgex.com/trading.cgi?acro=DGEXNxt account used to issue assetsTBC
NOXAMWhat is it?Nxt based sci-fi MMO browser game What percentage of the company is being sold? 25% - 30% How many shares to be sold? TBC What price will they be sold at? TBC Nxtforum discussionhttps://nxtforum.org/nxt-browser-game/investment-information/Other linkshttps://nxtforum.org/nxt-browser-game/http://newnxtgames.com/noxam.htmlNxt account used to issue assetsTBC
Nxt Silver Bullion GatewayWhat is it?Read the Nxtforum thread linked below before buying. Anon136 will be making available on the asset exchange 1 Troy Ounce 999 Fine Silver Warehouse Receipt Tokens. 100%+ reserve will be maintained at all times. What percentage of the company is being sold? N/A, token number will vary with the size of the reserve. How many shares to be sold? N/A What price will they be sold at? Market Price Nxtforum discussionhttps://nxtforum.org/silver-bullion-gateway/%28ann%29-nxt-silver-bullion-gateway-by-anon136-%28b%29read-this-before-purchasing%28b%29/Other linkshttps://nxtforum.org/silver-bullion-gateway/Nxt account used to issue assetsTBC
SalsaCoinWhat is it?If you want to support Nxt community member Salsacz, you can buy SalsaShare anytime. This is a test of Fiverr-like shares. If you want to hire Salsa, you can buy SalsaShares and then send them back to Salsa to pay for: - 1.000 Salsa shares for photoshop editing of your photo - 5.000 Salsa shares for simple animation video What percentage of the company is being sold? 100% How many shares to be sold? 1,000,000 What price will they be sold at? 1 NXT Nxtforum discussionSee page 2 of this thread. Other linkshttp://www.fiverr.comNxt account used to issue assetsTBC
Make it easy for us, link your thread here with a brief description please
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New client NRS v1.0.1 released >>>> https://nxtforum.org/nrs-releases/nrs-v1-0-1/msg0/#new
Hash: SHA1
Release 1.0.1
https://*snip* use link above
sha256: 6*snip* use link above
Change log:
Added getAssetsByIssuer API to get all assets issued by an account.
Added getAskOrders and getBidOrders API calls, returning the full JSON objects.
Added BlockchainProcessor.getLastBlockchainFeederHeight(), to help determine
blockchain download status. Note that this is present only when the current
feeder peer also supports it, i.e. starting from this release.
Added BlockchainProcessor.isScanning() to check for re-scan in progress.
Added getBlockchainStatus API containing the above status, it is more efficient
to use this instead of the getState API.
Enhanced DebugTrace to log lease begin and end events, and lessor guaranteed
balances for each block, in nxt-trace.csv file.
Added server-side support for Reed-Solomon encoding of account numbers, thanks
to ChuckOne who converted the javascript version to java. All API calls that
accept account numbers can now recognize either account id's or Reed-Solomon
addresses. JSON data responses that contain account numbers now also have them
in Reed-Solomon format too.
Added Crypto.getPrivateKey() and Crypto.curve() methods. Added the Bouncy Castle
library, to be used for AES encryption instead of the limited strength default
implementation.
Added Account.getForgedBalanceNQT() to keep track of total forging fees earned
by each account, available as forgedBalanceNQT in getBalance and getAccount.
Increased default database query lock timeout to 10 s, nxt.dbDefaultLockTimeout
in nxt-default.properties.
Re-check unconfirmed pool for double-spending transaction after each block push.
Support for IPv6 connections, patch provided by ScripterRon.
Updated jetty to version 9.1.5. Make sure first to delete the old jetty jar
files from lib if just unpacking this release on top of an older installation.
Client Updates:
Built-in Reed Solomon support. Not enabled by default yet. Go to settings to
change.
Added user warning when amount NXT or fee NXT are higher than maximum specified
in settings.
Added forged balance to dashboard.
Asset exchange is now searchable.
Blockchain download progress uses new API.
Show (unconfirmed) transaction immediately on dashboard after form submit.
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Meanwhile, it is quite surprising to me that NXT doesn't trade on MintPal being that it is the 6th cryptocurrency in market cap and that has a more than decent trading volume, so it'd be nice to start a campaign to get MintPal to include it. How about it?
NXT made sure it 'won' a mintpal vote ages ago, mintpal dev's it seems were not able to add NXT and still cannot despite the fact that other exchanges have been able to do so... You are welcome to start another campaign but in my view NXT has already won its right to be listed on mintpal and their devs need to do the work... The latest round with Mintpal is here >>>> https://nxtforum.org/trading-exchanges/mintpal-and-nxt/ |
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What percentage of Nxt went to 'the devs'?
Zero went to dev The rules were the same for everyone. There were no special "percentage" for the dev I know Was just showing that he didn't |
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Nope because it doesn't change the problem that the Dev just instantly created ALL the coins like a GOD and gave them to himself and his entire business team and then convinced all you gullible yaps to pay him for his digital bits. Hopefully I will help 1 person not fall for this scam and every other POS scam coin that follows this one. The dilution is infinite with all these coins.
I was going to invest in Nxt until I saw your insightful posts, all I have to say is thank you. I will now go buy $30k of mining equiment and mine dark coin. Thank you for changing my life. lol |
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Relax. Want steady growth. I hate this.
I agree. I think now would be a good time for the super-whales to drop a few million on the exchanges, keep the price from shooting up too fast. This would kill 2 birds with one stone, making another quantum leap in improving distribution. I'm afraid this will become a fatal flaw. The people holding the coins aren't going to distribute them FYI. I hate to be negative because there are so many cool things happening with NXT, but I can't get over people still holding 5-10% of total coins. There should be a second official round of distribution where like 1000 people can receive coins and distribute them to everyone they know. Where would the coins come from? THIS IS THE PROBLEM WITH ALL THESE POS COINS. The developers of the coins can and do gift themselves massive percentages of the "money" and then act like they are being generous by handing out coins to others. To buy the coins where did the coins come from in the first plac? The guy just made them up and put them in his wallet them loaded them up to an exchange and then asked everyone to PAY HIM for his worthless virtual bits called NXT that he gifted himself. It's the greatest scam in history. This is the fundamental flaw with POS. You can still mine NXT at http://nxtpool.net/ so we can say NXT is a second generation POW coin if it makes you happier.. Nope because it doesn't change the problem that the Dev just instantly created ALL the coins like a GOD and gave them to himself and his entire business team and then convinced all you gullible yaps to pay him for his digital bits. Hopefully I will help 1 person not fall for this scam and every other POS scam coin that follows this one. The dilution is infinite with all these coins. What percentage of Nxt went to 'the devs'? How is dilution possible when the number of Nxt is hardcoded? |
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Stop moaning about the distribution and FOCUS on NOW and the TECHNOLOGY, which is about to revolutionize the digital world!! Stupid FUD'sters, you'll never get rid of them Just like haters haha Buy FUD'sters aren't haters, deep inside they love the coin WRONG. The entire concept that i can create a money, then obviously give myself as much as I want. Then go peddle this worthless "money" to others claiming that it is a currency or an investment is the epitomy of a snake oil salesman. Atleast with Proof of Work,you have to mine or create the money and everyone has their opportunity to mine it. With POS it is a complete scam....EVERYTIME. P.S. Money does not pay interest so that is your clue that it is a scam coin. Unfortunately many of the kids on here that like cryptocurrencies are easily taken advantaged of and tricked into buying worthless bytes and bits that a DEV can print at his leisure over and over again just by launching new POS scam coin after scam coin. It's not a coincidence that POS also stands for Piece of Sh!T. You didn't answer my question, I had to do it myself. Do you want to have a go at it? Nxt does not pay interest. You are thinking of Blackcoin/Whitecoin/Yellowcoin/Asiacoin/CinniCoin et al that are forks of Novacoin and ultimately Peercoin. I assume you hail from one of these? Nxt is brand new, it is non inflationary and never can be, and our devs have been with Nxt and only Nxt from the start. Have you read anything about Nxt? And we have a lot of experience in dealing with Fudsters |
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How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?
All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?
I don't think you answered these. I answered the dump question, as did someone else. In regards to 100% PoS coins, that is the ultimate dilemma; how to do dispense your coins fairly if there is no slow mining of them? No one has solved that dilemma yet and NXT is a great example of what not to do. If a 100% from-the-beginning PoS coin comes along and does it right, they will get a much better rating in this wiki. I am particularly harsh of PoW/PoS coins that rush to get out of PoW. So many of them flash mine 15,20,30,50% of the total coins. You know the price of everything and the value of nothing. I asked about value and how you judge it. It seems you only use initial distribution and nothing else and speak as though your article carries academic rigour when it appears they are just assertions based on a narrow definition of what a good investment is. How do you take account of inflation, utility and many other factors that influence value in your article? Bump. I am a Nxt investor. That is no defence in a logical debate about methodology. Why do you ignore me? |
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