Nope, absolutely no Eagles please......some CCR would go nicely: https://www.youtube.com/watch?v=4YlTUDnsWMoHeres a dude who's never tried to use the decentralised exchange built into his BTC client: NXT is crashing because people are slowly discovering that whatever value proposition NXt had can also be implemented by Bitcoin. There is no purpose for NXT to exist, thus there is no one holding it.
In full-on shill mode: use NXT, then you'll see exactly where the value is. |
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It is remarkable the orderly but massive sell off that is being taking place in NXT during the last few months... at a cost of 60% of the value of the project, of course.
Everything that can go right IS actually going right and yet the dumping is relentless, to the point that the market cannot assimilate it, no matter how good the news can be. Simply too many people selling... which we all know IS the main problem of this project: the distribution. Some or all of those 70-something people who hold 99.99% of the total NXT, are selling. Relentlessly if orderly. New investors, logically, have learn to stay away completely while the decline continues.
No good. Not good at all.
Er.....not going to deny that some stakeholders have sold off their NXT (which you could see as a good thing, in the interests of better distribution), but NXT has maintained its position relative to other cryptos well in a falling market. Every longterm crypto has lost 60% value (at least) over the last few months, so NXT isn't doing badly at all, when compared to the rest of the market. |
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 Keynote panel session is kicking off soon.....Brian Kelly on the NXT blockchain: "The ability to securitize anything......blockchain solution for Greece ? " Tune in and find out..... www.drachmae.infoFollow up conference May 20th. |
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Awww, what a little cutie that Justin is.  But...can he turn over 464 transactions in 4 minutes ?  Take a look at these 2 blocks from NXTs blockchain: Blocks 417719 and 417720 both contain a payload of 232 transactions each.....which is 464 tx in 240 seconds, without a hiccup. This is one of the reasons why NXT is holding so well compared to the rest of the alt-coin market: NXT technology is solid, and is actually being used right now. |
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Heres a little reminder to get your asses on over to the Mind the Gap virtual conference later on today: http://www.mindthegapexpo.com/expos/inv2/Registration and attendance is completely free, so come and check out what could be a very interesting event. How often do you get a chance to see NXT, Ethereum and UBS bank on the same bill ?  |
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Yes, I know that there are many planned features still. That's a virtue and also a problem for the Nxt ecosystem.
Perhaps there is a possibility to realize some of these technologies in the form of plugins? Or even to divide the code into a "NXT Core" with only basic functionality (those needed for the protocol to work and to create a basic wallet) and realize all advanced functions as plugins or in form of an "advanced" client?
Plug-ins are coming.....: https://nxtforum.org/nxt-plugins/ |
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Too few people hold too many tokens.
Yeah, not like dollars, or BTC or Litecoin or Ripple.....let's face it, guys, the distribution argument just doesn't make sense any more. All you need to do is look at the sheer amount of hard work that's gone into Nxt over the last 18 months, and the technology that that work has created. NXT works well, and is going to continue being an important player in crypto over the following years, so don't avoid it just because other people own more than you. |
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The presale is only for 3.33% of the total 3 billion NeuCoin.....so there will be plenty of chances to buy in.
Might be good for speculative profit right now, but I'd wait until there is some sign of a running network, sometime in August/September
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One word: control.
Regardless of how much PB loves BTC, the Overstock board is not going to place an important part of their future business strategy in the hands of a 3rd party.
Overstock will create their own blockchain for the Medici project, the only real question is what they will base it on.
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Crypto...f**k me  A guy posts an appeal for some peace and love, and what do we get ? I shouldn't be all that surprised, i guess. Here's some Satchmo, if that doesn't bring some chill, nothing will: https://www.youtube.com/watch?v=Jm_F0i176d8 |
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Hmmmmm.....I like IBWTs input here, it's good/interesting to hear how non-NXT'ers actually see NXT, and there is some truth in what he/she is saying. The one point I really do want to take issue with: Nxt is a long way from dormant. There are a lot of people working their asses off on both the tech side and, to a lesser extent, on marketing and business development. You can see the technical development very clearly: Current MainNet client Current TestNet/Experimental client Windows Installer (experimental) As Nxt is devoting a lot of energy to marketing (and bizdev) outside the crypto scene, much of that marketing effort simply never gets seen on BTT, and that goes double for the bizdev, as most of that is operating under confidentiality agreements. Not to mention the fact that Nxt has developed a philosophy of only announcing stuff when it's actually ready, and not trying for short term gain by hyping 'potential' features (mostly  ) As an example, the moment that any crypto gets to talk to a bank.........it gets hyped. I know that right now there are a couple of major players in the banking world (and one minor) sniffing around NXT. But as I have absolutely no idea how these contacts are going to play out, there is no sense in hyping them yet. So, to the outside world......it looks like nothing happening. The deal with Jetcoin (which I am allowed to mention, just not very loudly) could also lead to some very interesting developments. This is , btw, something that Nxt has been looking at/involved with for almost 9 months now.....this is a normal timescale for initial exploration and set-up for a mainstream project, but it seems like forever in crypto time. This accelerated timescale within crypto is yet another reason that Nxt seems to move slowly: entire currencies have risen, got pumped and died in the time it takes Nxt to organise a community barbeque. |
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i think NXT just implemented this feature on the upcoming 1.5
Calm down,lad  We are putting up a bounty to develop a Torrent plug-in for the 1.5 NXT client release.....but as usual, we're still at the discussing/arguing/recruiting stage of the process. So, if there any Java devs with some Torrenting skillz: https://nxtforum.org/job-board/%28wanted%29-nxt-torrent-plugin-devCome on down..... |
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Wish my wallet had a Ripple button.....
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One great thing about PoW is that it allows for a fair and controlled distribution. Any ICO allows for shill accounts to distort distribution and than there is the added problem of the last minute change in NxT's ICO(Like was done with maidsafe coin) compounding the problem.
This is an issue, but shill accounts can be kept to an acceptable limit through the requirement of purchasing an initial stake rather than giving the ICO stakes away for free. NEM took the latter road and it's clear by now how things have turned out for those idiots. Their own leader, the now-forgotten UtopianFuture, accidentally signed a post from one of his own shill accounts by his UtopianFuture name, mistakenly thinking he was signed into his main account, and went down in utter disgrace. But since NXT stakes had to be purchased with bitcoin one could not simply multiply their stakes limited only by how many new accounts they could manage to create. Anyone who wanted multiple NXT stakes would have had to pay real money for them and I doubt many would have wanted to risk more than 1 BTC on something most people saw as a simple scam at time of ICO. This is why I think the number of original stake-holders is much higher than the low-ball estimates NXT's critics are always repeating, which range from 2-10. Anyway there's no way to know the exact number. Was the ICO perfect? No. Is it a critical flaw in the NXT ecosystem? I don't think so. If NXT has a lot of valuable features to offer the crypto world I'd say those features outway any unfairness in ICO. I'm not that bothered if a few lucky or smart folks get rich off of unfair ICO, if NXT allows me to use a decentralized marketplace, currency exchange, voting system etc. I'll use it just because it's useful to me. If enough other people see it that way NXT will take off big! Allowing for the crappy punctuation, this makes a lot of sense. At the time of the initial Nxt ICO/IPO/distribution, no-one gave a rats bottom about BCNext and his silly Java project, so I'm pretty sure that no-one would have bothered making shill accounts to waste even more BTC by throwing it at Nxt. It was only after Nxts launch and immediate success that people started to play the ICO game and it became seen as worthwhile to create multiple puppet accounts for every single IPO that came along. |
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NXT is more like the Linux of crypto. Odd comparison to make as linux has extensive adoption, acceptance and development support from many large private companies. "Linux" is found within most consumer devices these days in one form or another. And just how much adoption did Linux have 18 months after its launch, back in 1993/1994 ? The answer is: pretty much f**k-all, apart from an annoyingly vocal group of open-source nerds who were claiming to have the best OS evah! Sound familiar......? Never forget, we are still a very, very long way from having a mature crypto-currency ecosystem and economy, so a lot of interesting stuff can (and will) happen over the next 5-10 years. |
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