There is very little volume and the TRUE value is not reflected as there is no liquidity in the system.
Lol what theory of value are you operating under? there is no such thing as "true vale" because value is not a property of the object its self. Value is a property that is imbued on an object by an actor making a value judgment. Everyone knows about the initial investors, everyone knows what the volume is like, these things are priced in. The price that we have now is not fake, it is what people value nxt at WITH all of the factors you mentioned being taken into consideration |
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hes a scammer, his alt account is AltcoinMiner they are the same people, and he uses fake accounts to add trust to cremstopper how did you find out? |
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Newb here when it comes to proof of stake, but is it right to say that the rich gets richer? My shallow understanding is that the biggest wallet will get the most amount of fees..?
A person with 5 nxt only forges 5 times as many as someone with 1 nxt. Its not like there is some advantage to having a lot in that respect, its not like someone with 5 nxt gets to forge 6 times as many as someone with 1. It will only lead to stratification if people with smaller amounts of nxt don't feel that it is worth their time to forge. Ideally we will have clients some day that give no barrier to entry for someone who wants to forge with even a single nxt and so there will be no reason for him not to and so no stratification. |
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who ever owns 2584657662098653454 that was really awesome of you to send 10k to tai. keep up those awesome donations man, im a fan of you.
I am da man  tai is a great candidate for donations because you know his coins arnt going to be hitting the market any time soon. if i had a massive horde i would be sending him some also.  |
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who ever owns 2584657662098653454 that was really awesome of you to send 10k to tai. keep up those awesome donations man, im a fan of you.
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anon136
6842 NXT Change price to 0.00007995
thanks
ill jus PM about price change
updated |
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Some guy is asking for 1M and also asks Anon136 to escrow it for us. With all due respect and trust towards Anon136, I am a bit depressed  lol tell him to send me a message and i will tell him to trust you |
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Not sure if people are aware but max withdrawl on BTER is only 200 NXT per day. So if you plan on buying or selling a lot just keep that in mind - hopefully they raise it. Maybe they're testing things still.
So where to buy in large quantity? i wouldn't buy large quantity from dgex. you will move the market too much in the process of buying. try here first and dgex as last resort https://bitcointalk.org/index.php?topic=345336 |
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Client is really a con right now. I already imagine chinaman downloading the client via the link on BTER. He will unzip and wtf, that doesn't work right out of the package, what is dis crap  Why aren't third party clients posted on the main page of http://nxtcrypto.org yet? These were funded, so why not promote them? Also, ideally we need an entire translation of the nxtcrypto.org site in chinese with a simple button at the top to change language. Only with caution that they are not checked. Let's be honest, they still can contain malicious code. They were not checked properly. Since they are not open source (?), this should be discussed before we post them on nxtcrypto.org. the CHINESE LANGUAGE SHOULD BE DONE ASAP! I wanted to use unclaimed coins to pay for translations, but people probably don't want to pay for marketing now:  more info: https://bitcointalk.org/index.php?topic=412243.msg4555477#msg4555477I have translated Anon136's essay here: https://bitcointalk.org/index.php?topic=345619.msg4505311#msg4505311The translated version was also uploaded and reposted to several weibo. If necessary, I can translate nxtcrypto.org tomorrow. I have also translated some other websites with the help of i18nedit. I will also translate the Myth series. Wow thankyou so much! |
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Hello
I would like to buy
11000 NXT @ 0.00005500
If would like to use your escrow service if needed.
Thanks.
thank you! i will add it as soon as i am done doing the dishes. dont forget to pop back in this thread atleast once every 72 hours to let me know that the order is still active. |
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How do I fill/place an order there?! The sheet is not editable! comment in the thread. link at the top |
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Does it need to be able to execute arbitrary general purpose programming code (c++ in your example)? Realistically aren't there only a number of core functions that a DAC or DNA would need to perform. We don't need to go all Turing Complete like Ethereum.
Yes it definitely would need to be able to execute arbitrary general purpose code. DACs would need to be able to compete with real humans making management decisions for their corporations. They never really would be able to but there inferiority in this respect would be countered by the fact that they would be immune to state coercion. Still even with the assistance of state immunity they would need every conceivable asset in their favor for them to stand a chance against human management. The blockchain would definitely need to be turing complete to stand a chance. We really need to be looking at filling the niche that eTherium is trying to capitalize on. We can and should do it better. *edit* we can and should do it better on totally separate block chains so people who want to just use nxt dont risk downloading malware There is one large advantage that NXT can have here - voting. A DAC in NXT will of course be governed by it's own rule-set but certain decisions relevant to the actions the DAC takes can be made by consensus too. You're then outsourcing the need for extremely powerful computational power of the DAC to the minds of the community members. SEMI-AUTONOMOUS that defeats the purpose. the semi part can be clubbed over the head by the government. |
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Does it need to be able to execute arbitrary general purpose programming code (c++ in your example)? Realistically aren't there only a number of core functions that a DAC or DNA would need to perform. We don't need to go all Turing Complete like Ethereum.
Yes it definitely would need to be able to execute arbitrary general purpose code. DACs would need to be able to compete with real humans making management decisions for their corporations. They never really would be able to but there inferiority in this respect would be countered by the fact that they would be immune to state coercion. Still even with the assistance of state immunity they would need every conceivable asset in their favor for them to stand a chance against human management. The blockchain would definitely need to be turing complete to stand a chance. We really need to be looking at filling the niche that eTherium is trying to capitalize on. We can and should do it better. *edit* we can and should do it better on totally separate block chains so people who want to just use nxt dont risk downloading malware |
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(building DNAs in c/c++ is dangerous, you can't sandboxing this. at least with a granularity nessesary.
interpreted, prototype and self reflectional languages are much better for this, they are also widely used
within academic ai research and there are several good reason for this.)
i suppose this was written for me, and i suppose this means that you did see my comment. so you are talking about something like lisp? i only suggested c++ because it has a lot of flexibility but is also widely known. not very many people know lisp. but if your argument is right than i suppose they could just learn if they wanted to write a contract that would found a DAC. |
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Clearly there is a significant pent up demand for NXT. bter is a nice exchange, but they are a low volume exchange. A small fraction compared to the major Chinese exchanges. China has the top 6 BTC exchanges and all are usually more active than bitstamp or btc-e. Something like 90% of BTC trading happens in China. Look at http://www.btc123.com/ if you don't believe me. I doubt everyone who wants to purchase NXT has done so. On the other hand, the last two weeks has probably allowed pretty much everyone that wanted to sell their NXT at yesterday's prices to have done so. James The more the Chinese buy NXT now the more they can trade with NXT assets on the distributed exchange when the restrictions on their exchanges come in at the end of the month. Looking at the bter trades, it looked like there were a small number of traders that REALLY wanted to buy NXT. The orderbooks at dgex, nxtchg and even ripple were all wiped out (in a good way). This took a bit of time to coordinate and wasn't a spur of the moment impulse buy. This also means that we can now provide a much easier path to purchasing NXT than before, for ordinary people, especially in China. The big action is in NXT/CNY, current exchange rate is 6.05 CNY/USD and it is pretty stable at that rate. Current price is around .36 CNY -> ~6 cents. The big jump was from the initial mismatch of supply vs demand. Anyway, now that we have our first NXT/fiat path and reasonably liquid NXT/BTC, we can see what a more accurate current market value for NXT is. James Indeed, there have been many people watching NXT who wouldn't touch it until there was improved liquidity. It's still not great of course. But Bter have set a precedent and it is only a matter of time before other exchanges pick up on this. I have asked Graviton to remove his artificial order restrictions on DGEX: "Error - The order pricing limits are +/-30% per 1 hour". By the way did you read my explanation of the reserveBTC DAC? nexern is knowledgeable of and interested in DACs and now DNAs (he coined this term for Decentralized NXT Agents) and we are in discussions about implementing DACs which can serve as credit unions and issuers of assets. DACs could be built as apps (purchased from an app store or package manager) which interface with his or other clients. Very powerful stuff. Credit union is a good model. Non-profit model, fees just to cover costs. I have not analyzed DAC in detail, but if you say it will work, that's good enough for me. James I would encourage you to research DACs. You would be good at developing the ideas and utilities and functions that are evoked by them. The technical aspect doesn't matter so much. Just imagine a DAC as a corporation which has no motives other than it's pre-defined purpose. I.e. it has no profit motive by default. And it makes only rational logical decisions. DACs are effectively public utilities. Most of them are looked at from an economic perspective but we can look at them from a socio-economic perspective within NXT. all we need really is a subordinate chain where users can embed c++ code and bid for space in the chain with nxt as well as bid with nxt for a forger to execute the code and record the product in a future block. each DAC would have its own chain like this. providing the tools is the easy part, using these tools to make a profitable dac is the hard part. *edit* infact this could be totally separate from the nxt project. who ever made this tool wouldnt need anyones permission from the nxt project to do so and infact there is no way any of us could even stop them if they wanted to. |
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http://www.youtube.com/watch?v=xlqKINHkygQStateless sea steads already exist guys. All we need to do is start buying sailboats and heading out there to join them. We will bring them capital and wealth and in exchange they can teach us how to live off the sea. Both can benefit from the mixing of cultures. This is the path towards a sea seating future. Not some centralized top down approach with a giant cruise ship or oil platform. People just need to buy sail boats and get out there and start living it. These sea gypsies can help us realize that vision with a decentralized approach to sea steading.
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does anyone else find it hard to believe that someone could brute force 20 characters of true random?
71828182845904523536 looks random, but actually is cracked within a few ms. Now im curious. Why would it be cracked in a few milliseconds? |
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Hi all, Just had my wallet password hacked/stolen. 500k from my wallet (86162509365658888) was moved to this address 6122084737303019172. I'm guessing no one can really help on this. (Yes running AV and on an OSX system) Just a reminder to use really long passwords. If you dont mind me asking can you tell us more about your password. How long was it, was it real words, did it contain real words, did it contain true random. The more information the better. I would like to gauge the progression of the rainbow tables. 20 random characters generated by my password manager. does anyone else find it hard to believe that someone could brute force 20 characters of true random? Well, I doubt there's a keylogger on the system although there is a possibility however how small. I'm not asking for handouts or anything. I'm just pretty depressed by it and just reminding NXT users to use longer passwords. its not that i think you are lying. im just thinking about the math |
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