Greed could be the fatal flaw, if that 50M accounts persist to hoard we are all doomed, simply because that accounts don’t need a higher price to sell, they get rich anyway, no matter what the price is.
I really don't see it as a problem. Even if 500 million NXT don't move, the other 500 million would still be in circulation. That's more than enough. Bitcoin only has 12 million so far and how many are in circulation? Very low number. Hoarders can't "kill" nxt. If anything, hoarding pump prices up as less coins are in circulation. We are in war with Ethereum (for those who have not understood it yet). We need them engaged! |
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** Cryptsy Update **
I just heard back from Paul (met him at the Miami Bitcoin Conference), they are looking to implement Nxt in the next few weeks.
I talked with Big Vern @Skype and I introduced CfB to him - he said he will talk to Paul about it (to get help from CfB if needed). |
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OpportunityCan someone develop an Nxt equivalent of Proof of Existence so that NMAC (and other Virtual Corporations) can register itself like this company did on the Bitcoin blockchain? This well written prospectus can also be registered and published using the same method, making it official and "legal”. It gives a greater sense of legitimacy and serves as a show case of how the Nxt ecosystem can provide similar or better safeguards for investors normally enforced through government or centralized means. PUMP! |
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Shit, that is bad!  Solutions? Maybe a DAC??? Awaken man's switch??  Dunno. Time to invest 1M NXT into development of technology that protects in such cases...  What are you doing 50M-Nxt-hoarders ?? We need money for projects. It is stupid to hold such big amount. The value of Nxt will not increase if you don't help. For fucks sake I don't want them to spend in any way they don't want but at least DO SOMETHING WITH THEM, WHATEVER!!! Start your business, buy staff, donate, dump, help the community... WTF??? They are so pathetic they split their funds! |
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Shit, that is bad! Solutions? Maybe a DAC??? Awaken man's switch?? Dunno. Time to invest 1M NXT into development of technology that protects in such cases... Are you listening 50M NXT hoarders? Why they hoard so many coins? They can't sell all of this coins anyway. From the block chain, these account(2159498187382012684,4747512364439223888,9433259657262176905,14571285356259793594) have more than 45M NXT(some of them split they account). Please sell it, donate it, anyway. The price will be never going up too far if they hoard so many coins. The early adopters that really helped NXT are known - the others must be ashamed! |
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Εύγε :-) μπράβο ρε ψυχή. Μακάρι να ακολουθήσουν κι άλλοι το παράδειγμα σου.
+1 Ευχαριστώ ρε παιδιά, προσπαθώ όσο μπορώ! |
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Shit, that is bad! Solutions? Maybe a DAC??? Awaken man's switch?? Dunno. Time to invest 1M NXT into development of technology that protects in such cases... Are you listening 50M NXT hoarders? |
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Once the price of Nxt raches $1, I will walk from Sydney to Brisbane (~1100km) and write a blog about it. (I am a fat IT guy and I never walked more than 3 km at a stretch) Just to let you know.  Try ketogenic diet |
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What if THEY "read" ur Nxt account passphrase? They will have access to ur brain, right?  Shit, that is bad! Solutions? Maybe a DAC??? Awaken man's switch?? |
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PR guys it is your turn now! |
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Androklis Polymenis (me) donates a million digital NXT coins to BPF! $43,000. Press release [PDF]: http://goo.gl/t8tWY8 Nice! So you hope that they will preserve your brain when you die? It will be a battle between cryonics and plastination - every technology has advantages and disadvantages. I hope my donation will help to solve some open issues (ie if the connectome is preserved with cryopreservation as in plastination and if any of the two methods preserves microtubules). |
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I think leaving back forever the 0.0001BTC price needs people to actually start using AE, NXTcash AND AT.
In any other coin the above combination could probably have eaten BTC but truth is that many early adopters (including me) wait the chance to start dumping at higher prices.
Of course if people lose interest it could very well go the other way, like panic selling @0.000001 again...
TF is a feature that will be very useful if NXT is widely adopted (at least as BTC is).
EDIT: On the other hand I think if we had a decent NXT/USD market the price would easily go to 1$
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in about a month, I expect to have something early adopters can test What are they smoking ? They have been working on it months now (from last summer I think).. |
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Anyone selling? PM
Only escrow with Anon136
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Was the merchant announced?
What is more interesting for now is the number of customers that walked through the door and opened an account Of course (especially with all these exchanges messing up like MtGox) but I am very curious about this! Danny posted a few pages back: We have also partnered with So Easy Stores, they have 41 locations on the island where people can buy anything you would purchase from a mini market. They will also enable people to buy Bitcoin though their Bee terminals and also sell bitcoins too. This has ensured our services are accessible from almost every city, town and village on the island.
Is this the 'merchant' ?....Idk They have said about an international merchant (big name) in the past.. |
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Was the merchant announced?
What is more interesting for now is the number of customers that walked through the door and opened an account Of course (especially with all these exchanges messing up like MtGox) but I am very curious about this! |
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Was the merchant announced?
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