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2121  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 09, 2014, 09:57:23 AM
Graviton (the owner of the dgex exchange), after trailling that he is involved in setting up a fiat gateway on DGEX, has confirmed that he isn't involved in the Bithaus gateway and "DGEX is partnering with (an)other provider(s)."



So we have a second fiat gateway in the pipeline   Grin No ETA announced so far (that I have seen  Cheesy) but it is exciting none the less!  Cheesy



Source: https://nxtforum.org/general-discussion/could-the-physical-goods-store-be-the-world's-first-decentralized-free-market/msg17691#msg17691
2122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 09, 2014, 09:10:07 AM
NXT is starting to lift up. 0.5/1$ after AE?? Predictions??

Defintitely.

How soon after? I estimate between 1 week and 10 years   Cool


 Cheesy
2123  Alternate cryptocurrencies / Altcoin Discussion / Re: Investigation Complete of Instamines and Fastmines for almost every top alt coin on: May 09, 2014, 08:19:35 AM
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?  
2124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 09, 2014, 08:09:05 AM

While we're on the topic of the risks of centralized exchanges: what are the possibilities for trading altcoins on the NXT asset exchange?

jl777 is working on getting trustless p2p exchange (atomic crosschain transactions) and a multisignature gateway.
https://nxtforum.org/multigateway-jl777/nxtsubatomic-atomic-crosschain-exchange/
https://nxtforum.org/multigateway-jl777/multigateway-status-reports/120/


I believe CIYAM's automated transactions (AT) will allow trustless exchange also.
https://nxtforum.org/automated-transactions/information-of-the-at-project/


So the possibility of trustless decentralised trading of altcoins is high  Grin But probably not immediately on launch of the AE. But who knows, they might plan a surprise announcement and send everyone crazy  Cheesy


For those who plan to trade, be aware you pay a fee for each buy and sell order you put in (and I think to cancel them). jl777 has developed InstantDEX (Instant Decentralised Exchange) to please the traders with transaction times of 3-5 seconds with fees only needed for successful transactions.

This is in testing at the moment and is built on multisig gateways and AE so they will have to be up and running before this goes live. You will be able to buy shares in InstantDEX on the AE soon after launch.
https://nxtforum.org/instant-transactions/secret-project/


It is getting harder to keep up with everything going on in Nxt as it is starting to move very fast! Please correct me if you see an error  Grin Grin

I am trying to maintain a thread of all planned asset launches on AE, but I have recived more info so the OP needs updating. I will do this later but you can check current AE launch stats here:
https://nxtforum.org/news-and-announcements/asset-exchange-ipos-launch-day-listings!/


 Cheesy

2125  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 09, 2014, 07:46:33 AM
Nxt has been added to the "fast instamines review" and has been branded as a bad investment as the author only bases his/her decision on the first 3 seconds of Nxt's distibution.

They know the price of everything and the value of nothing.

I have been meaning to catch up there but long commutes at the moment  Sad Anyone else can chip in here : https://bitcointalk.org/index.php?topic=587086.msg6610644;topicseen#new
2126  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 09, 2014, 07:42:36 AM
So people like Nxt now, as they start to understand it?



 Cheesy
2127  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 08, 2014, 09:15:03 PM
https://nxtforum.org/general-discussion/bithaus-the-very-first-nxt-fiat-exchange-is-near!/

Quote from: domsch




Hello Nxt Community! Today I am here to announce to you the very first Fiat Exchange for Nxt. It has been a tough 4 months, but our team of more than 6 people has been working day and night to make this project a reality! I am delighted to say that we are close to the launch of the very first Nxt <-> Fiat trading platform





YES YES YES YES YES!!!!   Cheesy Cheesy Cheesy Cheesy Cheesy




This calls for a party!!!!!   Grin Grin Grin Grin Grin
2128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 08, 2014, 09:05:30 PM
will the asset exchange from the start give us the ability to trade in various fiats, commodities etc through colored coins?

Or do we need to wait for others to set that up and trading volume to increase?

kind of. it allows us to trade promises to pay anything. so promises to pay various fiats. or promises to pay commodities (my business).

its not really possible to trade in actual fiat since we arnt part of the federal reserve system. promises to pay fiat will have to do instead.

looks like you've missed my question, I'll go again )

where can I read about your project? from what I understand it has something to do with silver and ae and I'd like to learn more about it

See here for Anon's silver bullion subforum >>>> https://nxtforum.org/silver-bullion-gateway/
2129  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 08, 2014, 08:47:46 PM
will the asset exchange from the start give us the ability to trade in various fiats, commodities etc through colored coins?

Or do we need to wait for others to set that up and trading volume to increase?

kind of. it allows us to trade promises to pay anything. so promises to pay various fiats. or promises to pay commodities (my business).

its not really possible to trade in actual fiat since we arnt part of the federal reserve system. promises to pay fiat will have to do instead.

Not even with multisig gateways? Jl777 might disagree, I've lost the status of his projects recently  Cheesy
2130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 08, 2014, 08:45:33 PM
What is the fee for leasing your NXT to another account for forging? Also, what is the maximum time span for the lease, or can you make it perpetual?

Fee is 1Nxt and the longest lease is 32767 blocks  Grin

See here for how I know  Cheesy
https://nxtforum.org/general/leasing-permalease/
2131  Alternate cryptocurrencies / Altcoin Discussion / Re: Investigation Complete of Instamines and Fastmines for almost every top alt coin on: May 07, 2014, 09:59:22 PM
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.
2132  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 07, 2014, 09:12:33 PM
Just judging from this short trial in the lives of these threads, I think I prefer iconics brand of censorship  Grin Until I have another option. Please cross post any tech discussion though  Wink
2133  Alternate cryptocurrencies / Altcoin Discussion / Re: Investigation Complete of Instamines and Fastmines for almost every top alt coin on: May 07, 2014, 09:05:10 PM
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?

Because it is a highly illiquid market.  You won't find enough buyers at that price to "dump" the coins on.  These initial 70 are sitting on a mountain of coins that on paper, are worth a tremendous amount, but it's only on paper.  Try to flood the market with all those coins and lets see what price they actually get.


True. Large trades are done on trading threads with no effect on the price. Lophie moved most of his in this way over the past few months.
2134  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | GoBlackCoin | PoS | No premine | No IPO on: May 07, 2014, 09:03:05 PM
Don't you think dark coins strength is also its weakness? Will big business want to get involved with something that sooner or later will become embroiled in illegal activity?
2135  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 07, 2014, 07:17:19 PM
Re: the last sentence, I am sure many leaders have thought the same thing as they banned free press and took control of tv broadcasting etc Cheesy

If "free speech" got us to the point where the prior thread had to be locked, I say bring on the moderation!

If you can't trust the thread sanctioned by the developer of the coin, then maybe this coin isn't for you.  As much as I was entertained by the last thread, it really reminded me of jerry springer.  or reality tv.  I prefer constructive efforts over destructive ones.


Think about what you are saying. Would you agree if I said "if you can't trust the car salesman for the car you buy etc.." ?



Nothing hinders you from creating a third, unmoderated BC thread.

Very true.
2136  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 07, 2014, 07:06:59 PM
Re: the last sentence, I am sure many leaders have thought the same thing as they banned free press and took control of tv broadcasting etc Cheesy

If "free speech" got us to the point where the prior thread had to be locked, I say bring on the moderation!

If you can't trust the thread sanctioned by the developer of the coin, then maybe this coin isn't for you.  As much as I was entertained by the last thread, it really reminded me of jerry springer.  or reality tv.  I prefer constructive efforts over destructive ones.


Think about what you are saying. Would you agree if I said "if you can't trust the car salesman for the car you buy etc.." ?

2137  Alternate cryptocurrencies / Altcoin Discussion / Re: Investigation Complete of Instamines and Fastmines for almost every top alt coin on: May 07, 2014, 06:59:03 PM
And what effect does the selling slowly have to the distribution and price?
2138  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 07, 2014, 06:54:49 PM
Serious question, this and the other BC thread are less than a few hours old and already posts have been deleted from both. The old thread had very few posts deleted, anything that wasn't on the party line was discussed and challenged (for the most part Cheesy)

So how are people to know what to trust and that they aren't just being shown what the mods want them to see?

I have posted this in the competing thread too.

Original thread I believe was not self moderated. So anything that got deleted was done so by BCT mods. The new threads are self moderated so they can be edited by the person who posted. Whether that is good or bad is a debatable subject. It will definitely cut down on the noise though.

Re: the last sentence, I am sure many leaders have thought the same thing as they banned free press and took control of tv broadcasting etc Cheesy
2139  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] | BlackCoin (BC/BLK) | GoBlackCoin | PoS | No premine | No IPO on: May 07, 2014, 06:40:37 PM
Serious question, this and the other BC thread are less than a few hours old and already posts have been deleted from both. The old thread had very few posts deleted, anything that wasn't on the party line was discussed and challenged (for the most part Cheesy)

So how are people to know what to trust and that they aren't just being shown what the mods want them to see?

I have posted this in the competing thread too.
2140  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BlackCoin (BC/BLK) | PoS | No Premine - No IPO - ONLY OFFICIAL THREAD on: May 07, 2014, 06:39:59 PM
Serious question, this and the other BC thread are less than a few hours old and already posts have been deleted from both. The old thread had very few posts deleted, anything that wasn't on the party line was discussed and challenged (for the most part Cheesy)

So how are people to know what to trust and that they aren't just being shown what the mods want them to see?

I have posted this in the competing thread too.
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