im betting on the platform... not the coin.

i too would like to know how u get bitUSD out into fiat?

i hear ron paul coin might do well again if his son gets elected.. same goes for pony coin.

fyi: do ur own homework..... there's alot of trollers around here. go with coins with active community. i guage it by physical meetups. search on meetup.com for coins that actually have a physical presence with members not just online. 

i wonder why counterparty doesnt seem as popular.

seems that they have 1.5.5e already... seems like nxt devs are working overtime.

shitcoin ... period.

i find it quite silly that they are even considering NXT .... there are so many other options like ethereum and bitshares and counterparty. seriously nxt???

i mean i've been reading about it and everyone says its a premine scam...

so i dont know what to believe anymore...

maybe i should install the nxt wallet to see for myself. -_-

uhhh.. not even 42 hours and you guys have another release? 1.5.5e?

does any other coin crank out this much progress?

i have to agree NXT is a shitcoin... as it is quiet worthless... thats if you only care about the coin itself.... But the NXT platform and ability for devs to tap into the system is going to be the game changer.

lets just assume it was a scam...  how might it play out?

European Securities and Markets Authority

http://www.finextra.com/finextra-downloads/newsdocs/esma_call_for_evidence.pdf

Just do a search for NXT in that document... it's littered with notes about using NXT as a platform.

I don't know what to believe anymore. is it a scam or is it not? if it is a scam...

its a pretty darn good elaborate one that's for sure.

it would be a cool story if someone linked BCNEXT to Satoshi somehow and they both are anonymous. Maybe they were best friends?

I'm reading up on Bitshares and they say they have market pegged assets that are linked to USD and Gold (BitUSD and BitGold)

They say it holds a stable price and fluctuates somehow to make sure you still have that exact value. What I'm assuming they mean is that if you have 100 BitUSD that is equal to $100 USD. And if BitUSD dropped in value to say $90, your bitUSD will fluctuate to 110 or something to compensate the change. So the coins/asset are the #'s that are actually moving not the value.

Now the question I have is say if you have 1000 BitUSD and you want to cash out to USD. Who is going to be the one giving you actual dollars? Sure if you put in $1000 USD and purchased 1000 BitUSD. Say if you wanted to sell that 1000BitUSD now, who is going to buy that back from u at $1000?

This is what I'm confused about on the Market Pegged Assets.

what is one defining factor that can disprove OP?

whats OP's motive to do all this research and connect the dots?

so is it a scam or not? OP seems to have done his homework. but rpietila seems reputable... so what is the final consensus?

each update to a record would be recorded on the blockchain and be considered as a revision that you can always view back. thats just my thinking of it. still pondering the possibilities.

its kind of scary if one of the developers installs a malware to steal your coins. you would never know. or maybe the dev got hacked and didnt even know someone installed a trojan to steal coins sometime in the future. thats why is it worth it to go with mainstream wallets vs not so mainstream?

maybe its better to understand how to generate your own addresses by coding it urself.

its a collectors industry just like today people still collect old baseball cards and comics.

I have access to a gigantic printer that cranks out 1000 pages a minute. I also have a Bitcoin brochure made for newbies and was wondering would a crowdfunding campaign fly for something like this? I can print and distribute millions of bitcoin newbie brochures through the world to meetup groups or conventions. The only issue is how to make this sustainable where it can pay for itself and keep it an on going process. ideas?

im trying to get some marketing materials out and made.