Start the run.bat file and then wait until it says it has finished. Then go to that site.
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It seems that some people don't understand the proposed distribution. From UP's letter ( https://docs.google.com/document/d/1q-Ew6-ac_3NmWHxO2O0WivNOP7Wz9sghTYS2tPWqd8E/edit): NEM would be created with the maximum of 4 billion unit divisible to 6 figure after zero. We plan to distribute 72% of the total to the community at the official lunch, all with a minimum contribution of promotional effort or donation. 3% will be auctioned to the public to raise money for the development fund. 25% will be reserved under control of the core development team in which 10% is reserved for the core development team for their works in fully developing NIS and NCC to V1 blockchain specification. 5% is reserved for the extended development team for their works on NEM promotion and NEM ecosystem. The last 10% is reserved for future development after the completion of V1 blockchain including further development of the ecosystem and special features to the core blockchain. 100-72 = 28% reserved for building NEM. 10% is our salary and the remaining 18% is going towards building the ecosystem and future infrastructure for NEM and marketing. NEM is going to be as big as NXT, according to dev team. Nice 3,000,000 USD salary for the team. I'm not judging, I think you guys deserve it, and I am looking forward to the first public beta!
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Thank you Admin for pm..I sent all info and readies. Also I downloaded now wallet but just extracted files and wallet is synced. I don't know how to delete any files. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I am not very tech savvy as you can see. delete everything again. Then go to "Start" go to the search field and typ "%appdata%" and then delete the Litecoinplus folder. Only then install the client again. Backupwallets just to be sure.
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Once again, you don't want to hear (read) what you don't want to hear. And that is fine. And it doesn't matter if it is old or new. I wasn't even remotely interested in cryptocurrencies when Next came out so pretending that I pronounce it a scam because I didn't get any is like pretending I would be mad because my girlfriend is not a virgin, ok?
I have read extensibly, about what went on with the so called IPO. I wasn't there or even here (in cryptoland), so it isn't personal at all. As a matter of fact my interest in NEXT was heavily piqued when I saw it was innovative and different. No problem there. The problem is that a few people -maybe just a handful, own it. And it is a problem ONLY because of two things: Anonimity and Lack of accountability. The third problem is lack of regulation, of course. The three put together, make this a huge scam. Huge: There are thing that you can do, and not being a scam, and things that, if you do, make it a huge scam. The distribution used here, makes it a huge scam. Period.
And, once again, Bitcoin has no correlation with this in any way, shape or form. Anyone, OVER YEARS, could have easily bought millions of bitcoins. ANYONE at all, let alone mine it. So it isn't and never was a scam. Unlike next. Which is not to say there are not a lot of problems and flaws in bitcoin, there are. But it isn't a scam.
Next is.
HEy buddy, I think you don't know what the word "scam" means. Here is a link with a short description. http://en.wikipedia.org/wiki/ScamTake care buddy.
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I updated my wallet, but now, I can just see my transactions history. But the coins are not in balance, not in stake and not in unconfirmed . What can I do?
Have you got coins before or after the relaunch? The blockchain got reset with new coins! I got some coins just after the thread posted, on May 7th yeah, you need to write to XBCplus and get your coins again. The coin restarted ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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I updated my wallet, but now, I can just see my transactions history. But the coins are not in balance, not in stake and not in unconfirmed . What can I do?
Have you got coins before or after the relaunch? The blockchain got reset with new coins!
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It would be called transparency... but you don't wanna know anything about that would you?
They stated how much they own, you can beleive it or not. But how do you want to be transparent about a system that was set up to protect anonymity. Do you know who owns a certain 10000 BTC address? Do you know who owns a 50 mil NXT address? No! Do you care? Apparently. Why? I don't know, because you obviously don't own NXT, don't plan on ever doing it.
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Edit: you went from 'top 20 owning 90%' to 'top 10 owning 1/3'. Which is it?
It is the second, of course. Top 20 were owning 100% initially. I did not know how much now. Now I do and it is almost 1/3. Still showing an evident distribution problem... which is THE problem. Don't disperse.... Having a relatively small number of large accounts to add up to >50% actually helps NXT network security. It is much harder for an attacker to gain control over a few dozen highly motivated people (who each have a sizeable interest in keeping network secure) than over hundreds or thousands of people who wouldnt be so interested. If you know the founders personally like i do, you will realize that they are ordinary guys and getting them to all agree on anything is near impossible. For them to agree to destroy NXT integrity by pulling off some sort of 51% attack is absurd. Theoretically all sorts of horrible things can happen to anything, in reality, there are common sense things that limit such crazy scenarios. bitcoin is also based on this self-interest model. The more you have, the less likely you are to want to destroy it. James But that dear James is wanting to assume that those top 20 holders will not be the perpetrators of the attack... which makes the whole point. But of course, like Twin here, you are on to your own scams, so please do carry on... You may write in a calm and friendly way, but you are full of shit. You think that the top 20 would consider attacking the network and harming it ,but you have not stated a single logically valid argument as to why they would do it. You said that they could take away a persons money. Now, tell me how they would do it? You said, that they could take someones money and just say someone hacked them or stole it. HOW WOULD THEY DO IT? Either you don't understand a 51% attack or you are a troll. Explain yourself.. For just this once more, I'll entertain you questions. Either you are capable of debate in a polite AND educated manner, or just go on to your scams and leave me alone, ok? Final answer to the "question": An attack would cause total panic and the price would go to near ZERO. Since the only millonaires in NEXT are the person or persons who control those top wallets -including the ones that have sold most of their coins- the could easily buy back for peanuts all existing coins. And, in actuality, since they perpetrated the attack and have total control of the network, no actual damage, let alone "destruction", would have happened at all. Oh, but since "they" are all saints and one of them actually doesn't even own one NEXT (the founder), as some would lead you to believe, they are not going to do that, are they? They are such nice people... This is no logically valid argument. You base your "theory" on the fact that a) the people would instantly sell all their NXT for peanuts b) that the people would buy those NXT ever again, after they know what just had happend Explain a) and b)
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I am starting a bounty for a youtube video of using the client:- Setting up Java 8
- Downloading client
- Unzip it
- Starting client (fast forward there then)
- Entering the private key
- Placing some bets
- Sending some CHA
- Placing an order on the exchange
And try to explain everything with a nice english voice. Please pleadge some CHA to make this happen, people need to see how easy the client is to use! Pleadged Bounties:TwinWinNerD: 25 CHA Peled1986: 25 CHA SpongebobCoinpants: 50 CHA Ola: 300 CHA Total: 400 CHA #bump and thx guys!
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Want to sell 1,000,000 A3 coins! Message me an offer. This represents about 1 % of all coins available, EVER.
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What makes this a total scam is not just the outrageous distribution problems but the obvious -and inevitable- manipulation of the market. I mean these guys could be saints and still not being able to NOT manipulate the markets with the amounts they hold by, first, being unfairly rewarded via forging and second and way more importantly, by the inevitable effect of their selling. These are new minted millonaires. They NEED to sell in order to buy homes, cars and all the perks of being new millonaires. Simply by selling small (orderly, is the word) portions of their collective holdings, will keep the price unrealistically lower -thus hurting later investors, traders, and the coin itself-. therefore MANIPULATING it. And that is if you assume they are simply new rich, not greedy, actually saintly people without any further, let alone perverse, intentions, in which case the manipulation could have grotesque effects.
Insufficient distribution, which is the problem here, in fact doesn't allow the market to actually reflect, as it should, offer and demand, because the massive (albeit "orderly") selling does not allow the demand for the coin to bring the price to realistic levels. In other words, where tens if not hundreds of people want to buy, only one or a few NEED to sell. I am, in fact, extremely surprised this coin has reached the valuation it has considering this circumstance alone. The restrain of the top holders in selling is baffling, actually. And, in my view, impossible to keep.
It does blow my mind, in fact, if the founder doesn't own any coins. I don't believe you in that one either. Nor when you state that the devs "don't control any significant portion of the coins". But since there's no way to prove it either way, I guess we will have to just leave it at that.
Yet you ignore that 0.1% of wallets own 50% of all Bitcoins in circulation? They could all "decide together" to dump all $3bil, too. But they wont. Big holders of NXT will not either. It's not baffling, you're suffering from cognitive dissonance. And no, the top holders are not the devs. Btw, it's known that Sataoshi holders over 1 Million Bitcoins, which is ~15% of Bitcoins in circulation, does this concern you as well? Pandaisftw Oh and it is so incredibly funny when someone pretends to know how many NXT the founder or the developers have... really. how do you know, because they have stated so on a forum, anonymously? Let me quote a full post that reflects my thoughts exactly, under the linked, totally misleading, infographics: "do you work in NSA or do have some prove that these 76 or 71 people were different human beings and not only 1 or 2 developers?
you don't even have IP addresses of that userids so what make you believe that you can rely on relatively anonymous posts on bicointalk where anyone can have so many identities which he is able to use??
So how can you know how many altcoins/NXT BCnext have??"Since when do people have to disprove claims instead of the claimers have to prove things?
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Edit: you went from 'top 20 owning 90%' to 'top 10 owning 1/3'. Which is it?
It is the second, of course. Top 20 were owning 100% initially. I did not know how much now. Now I do and it is almost 1/3. Still showing an evident distribution problem... which is THE problem. Don't disperse.... Having a relatively small number of large accounts to add up to >50% actually helps NXT network security. It is much harder for an attacker to gain control over a few dozen highly motivated people (who each have a sizeable interest in keeping network secure) than over hundreds or thousands of people who wouldnt be so interested. If you know the founders personally like i do, you will realize that they are ordinary guys and getting them to all agree on anything is near impossible. For them to agree to destroy NXT integrity by pulling off some sort of 51% attack is absurd. Theoretically all sorts of horrible things can happen to anything, in reality, there are common sense things that limit such crazy scenarios. bitcoin is also based on this self-interest model. The more you have, the less likely you are to want to destroy it. James But that dear James is wanting to assume that those top 20 holders will not be the perpetrators of the attack... which makes the whole point. But of course, like Twin here, you are on to your own scams, so please do carry on... You may write in a calm and friendly way, but you are full of shit. You think that the top 20 would consider attacking the network and harming it ,but you have not stated a single logically valid argument as to why they would do it. You said that they could take away a persons money. Now, tell me how they would do it? You said, that they could take someones money and just say someone hacked them or stole it. HOW WOULD THEY DO IT? Either you don't understand a 51% attack or you are a troll. Explain yourself..
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anyone crazy enough to buy a 0.05 BTC stake for 10 BTC? that's my offer ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) 10 BTC for 0.05BTC investment equals to a market cap of 60000BTC for 300BTC investment. Yeah, as valuable as NXT.... right^^
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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. That is with a forging pool or big Holdings. The forged blocks with next pos are not proportional distributed. So a 1000 nxt forging will receive less than average or a LOT more solo forging will end up being either much worse or much better than the average case For example, I somehow got 1000+ NXT in the early days with 500k acct cuz I got lucky and forged a fat block my ROI was 0.2% per week for a while That is statistically irrelevant. on AVERAGE the smaller account will forge less NXT/NXT than the bigger accounts. CIYAM open proved it mathematically somewhere, can't find the link just now.
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I just issued the asset "LOVE". It is used to show people "love" and tipping. All the funds will go to the giveaway fund! Buy some and send them around ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Have fund!
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what about 30th may 475 call option.
0.2275 BTC / 1 BTC option 5 BTC max. PS: for close-to-at-the-money options my prices are pretty high because my calculations have a big skewing parameter. You might like the prices for >20% away strikes more I guess. yup its high, but I like option trading at the money or close to at the money. What is your counteroffer?
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Well, now that I am aware or your activity and projects in the AE, of course I wouldn't expect you to do anything but what you are doing here (i.e: Bullshitting). You have scams or your own going on, I understand...
Yeah I am scamming all day long, I must be, as I disagree with your wrong "facts". Go read up on false "facts" on 51% attacks. But for your convenice, I state them for you: An attacker that controls more than 50% of the network's computing power can, for the time that he is in control, exclude and modify the ordering of transactions. This allows him to:
Reverse transactions that he sends while he's in control Prevent some or all transactions from gaining any confirmations Prevent some or all other generators from getting any generations
The attacker can't:
Reverse other people's transactions Prevent transactions from being sent at all (they'll show as 0/unconfirmed) Change the number of coins generated per block Create coins out of thin air Send coins that never belonged to him
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what about 30th may 475 call option.
0.2275 BTC / 1 BTC option 5 BTC max. PS: for close-to-at-the-money options my prices are pretty high because my calculations have a big skewing parameter. You might like the prices for >20% away strikes more I guess.
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