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241  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN] Qeditas: A Formal Library as a Bitcoin Spin-Off on: April 25, 2015, 10:15:08 PM
Just FYI, I think Kushti released Scorex a couple of days ago, if you're interested in knowing more.
242  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is NXT not the number 2 coin? on: April 25, 2015, 10:09:02 PM


Do your research and you will find 14 August 2014 were very interesting times. Times we don't see often, fortunately  Grin

Definitely an outlier, if these stats mean anything. Nxtforum publishes these stats for every day of its existence if anyone is really bored.
243  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is NXT not the number 2 coin? on: April 25, 2015, 06:19:58 PM
No new arguments I see, shame. But I'll get my popcorn...  Grin

Why would there be new arguments when the same problems persist and are getting worse?


Links pls?


 



244  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is NXT not the number 2 coin? on: April 25, 2015, 03:12:04 PM
It has been a while inbitwetrust  Cheesy too many people badmouthing btc again?  Grin

No new arguments I see, shame. But I'll get my popcorn...  Grin
245  Alternate cryptocurrencies / Altcoin Discussion / Re: Looking for Recommendations on: April 24, 2015, 07:56:46 PM
Try xpool.ca

They have a thread on here that is ~12 months old, updates posted every payout (2-3 days) and generally available. I have only known about them a few weeks when they added Nxt and so far there has been nothing to complain about.
246  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [FIBRE] | 625k | [SuperNET] | FibreDark | FibreLock | FibreGateway | ZeroTrust | on: April 24, 2015, 07:48:57 PM
Thank you for update Smiley

You're welcome
247  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: April 24, 2015, 07:45:10 PM
Yassin is right. Your passphrase is your 'wallet'. Keep it safe and you will always have access to your account.
 
Most crypto users are used to wallet.dat files (which Nxt has too if you prefer them). Nxt uses a brainwallet > http://wiki.nxtcrypto.org/wiki/Glossary#Brainwallet

I prefer the brainwallet, it is simple. Using the default 12 word passphrase is very very secure. Someone would be able to break the cryptography of Nxt (practically impossible gor a very long time) way before they bruteforced the client created passphrase.
248  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is NXT not the number 2 coin? on: April 24, 2015, 07:27:32 PM
So this...

There are gateways which accept bitusd and give usd

...isn't true? Nowhere you can give them bitUSD and get USD in return?
249  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is NXT not the number 2 coin? on: April 24, 2015, 06:36:27 PM
There are gateways which accept bitusd and give usd

Link?

https://metaexchange.info Off top ofhead for usd and i developed this site http://cryptosmith.info for gold and. Silver gateway

The link only shows pairs for BTC. Where is bitUSD/USD?
250  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is NXT not the number 2 coin? on: April 24, 2015, 05:52:30 PM
There are gateways which accept bitusd and give usd

Link?
251  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: April 24, 2015, 05:01:18 PM
Is there ever a need to re-backup an NXT wallet like there is with BTC and other wallets?

Which client are you using to access Nxt? The answer is different, depending on this.
252  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] BlockGen - Mining Pool Reviews and Rankings on: April 24, 2015, 02:42:48 PM
Great. I'm not a miner, I thought blockgen was brand new  Grin
253  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] BlockGen - Mining Pool Reviews and Rankings on: April 24, 2015, 01:51:58 PM
http://www.xpool.ca/

This one has a long history and apparent good payment record: https://bitcointalk.org/index.php?topic=650952.0

I have never used it but the updates seem regular, communication is good and there doesn't seem to be anyone complaining  Grin

They added Nxt recently so that it the reason I have been following the past few weeks. So far, there is nothing to complain about.
254  Alternate cryptocurrencies / Altcoin Discussion / Re: [Nxt] To those running Nxt nodes - ***UPDATE to NRS v.1.4.17 ASAP*** on: April 24, 2015, 10:53:11 AM
You can download a bootstrap blockchain from the front page of peerexplorer.com, if copying across your old blockchain fails.

255  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is NXT not the number 2 coin? on: April 24, 2015, 09:54:26 AM
A vintage argument indeed! I don't even have to retype anything  Grin


Actually the distribution is way worse than that.  We were initially told, for a long time, that it was 20 wallets who invested the 1.5 BTC limit and took 80% of NXT.  

http://nxtcoin.blogspot.ca/2014/06/how-nxt-changed-our-lives-james.html

Then James, who is a developer for NXT, only admitted a month ago that it was actually only 8 wallets who invested the full amount and took almost half of all NXT.  There was no taint analysis and we can't even ascertain if any real BTC was actually put in among those 8.  We can only name like 4 NXT whales on the top of our heads and it's quite likely at least one of them had multiple sockpuppets in the IPO.  

So in a nutshell easily 30%+ of NXT was owned by one person at some point, it's guaranteed, and then maybe another 5-10 people owned another 60%.

It's very easy to get a huge capitalization if you own all the coins, just look Marine Coin, Neutrino, Ripple, et cetera.  The difference is the NXT people kept the distribution a secret until January / February and by then they had plenty of BTC reserves to create artificial volume anytime they wanted.

I remember once pointing out that NXT itself had less volume than its' assets and as soon as I made that post, I kid you not, the day after they pumped the NXT volume to $120K.


You could have just quoted the article: Wink Cheesy Grin

There were 8 full BTC investors that each got 50 million NXT. The rest of 73 got mostly much smaller amounts. I cant say for sure, but I believe half a dozen of the original 8 (I am not sure who the other two are) have given away or sold off half or more of their 50 million along the way. It is simply a very hard thing to not cash out hundreds of thousands of dollars of profits! The smaller holders have most likely sold an even larger percentage on average than the half dozen..  There are probably a couple dozen early adopters who purchased 10 to 50 million NXT on the open market. I would say less than 50 of the original 73 and early adopters who got it at 1 BTC per million NXT (!!) still have more than 10 million NXT. probably less than half a dozen still have 50 million and most of those would be the early adopters and not the original founders. So roughly 25 USD millionaires at current 6 cent prices would be my guesstimate. Most of these are down to their long term core holdings and most likely wont sell at any price, short of $1, cuz they already have all the fiat they need. Whats the rush, especially now that NXT is where it is? This means the active liquid NXT is probably around 250 million total, which is still plenty especially with the normal trading volumes of 1 million NXT per day. The deck has already been shuffled, I dont believe there is any organized coalition that can come up with more than 10% to 15% of all NXT. If you know people, you will know how hard it is to get any half dozen to agree on anything! I dont believe any other crypto has this level of dispersion

TL:DR - the original investors have most likely sold off more than half of their stashes, that is what the trail in the blockchain leads too.



Actually, everyone save us the trouble and just go read that thread  Cheesy

I especially like the bit about "keeping the distribution secret"  Cheesy Anyone find any evidence for this in a transparent blockchain and BTT thread giving a blow by blow historic account of the time before genesis creation? Vintage UtopianFuture babble  Grin Good times.
256  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [FIBRE] | 625k | [SuperNET] | FibreDark | FibreLock | FibreGateway | ZeroTrust | on: April 24, 2015, 08:49:13 AM
Just a friendly bump for Fibre and all other Supernet guys who might be running Nxt nodes  Grin


There was a critical bug fix in NRS v.1.4.17 but someone is exploiting it still as there are still those who haven't updated their nodes.


So please could you check all your nodes and tell your friends and colleagues on slack who might not check nxtforum to do the same. It is important to do so to keep them safe.

Also see: https://bitcointalk.org/index.php?topic=1036345.0

Thanks  Cheesy
257  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BBR] Boolberry: Privacy and Security - Guaranteed[Bittrex/Poloniex]GPU Released on: April 24, 2015, 08:49:01 AM
Just a friendly bump for Boolberry and all other Supernet guys who might be running Nxt nodes  Grin


There was a critical bug fix in NRS v.1.4.17 but someone is exploiting it still as there are still those who haven't updated their nodes.


So please could you check all your nodes and tell your friends and colleagues on slack who might not check nxtforum to do the same. It is important to do so to keep them safe.

Also see: https://bitcointalk.org/index.php?topic=1036345.0

Thanks  Cheesy
258  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][CHA] Chancecoin, SuperNET core coin for betting in a decentralized casino on: April 24, 2015, 08:48:35 AM
Just a friendly bump for Chancecoin and all other Supernet guys who might be running Nxt nodes  Grin


There was a critical bug fix in NRS v.1.4.17 but someone is exploiting it still as there are still those who haven't updated their nodes.


So please could you check all your nodes and tell your friends and colleagues on slack who might not check nxtforum to do the same. It is important to do so to keep them safe.

Also see: https://bitcointalk.org/index.php?topic=1036345.0

Thanks  Cheesy
259  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]VPNCOIN|VPN S|DARK NET|IPJOIN|P2P Instant Message|beta release| on: April 24, 2015, 08:48:21 AM
Just a friendly bump for VPNCOIN and all other Supernet guys who might be running Nxt nodes  Grin


There was a critical bug fix in NRS v.1.4.17 but someone is exploiting it still as there are still those who haven't updated their nodes.


So please could you check all your nodes and tell your friends and colleagues on slack who might not check nxtforum to do the same. It is important to do so to keep them safe.

Also see: https://bitcointalk.org/index.php?topic=1036345.0

Thanks  Cheesy
260  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [VRC] | VeriCoin | POS-NSDI | VeriBit | VeriSend | VeriSMS | SuperNET Core on: April 24, 2015, 08:47:40 AM
Just a friendly bump for Vericoin and all other Supernet guys who might be running Nxt nodes  Grin


There was a critical bug fix in NRS v.1.4.17 but someone is exploiting it still as there are still those who haven't updated their nodes.


So please could you check all your nodes and tell your friends and colleagues on slack who might not check nxtforum to do the same. It is important to do so to keep them safe.

Also see: https://bitcointalk.org/index.php?topic=1036345.0

Thanks  Cheesy
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