DUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUMPP!!!!! NOW OR NEVER!

some banks have 3 days weekend... So...

Time travelling is possible but only forward. So if you look for time travellers you should visit inferior nations living still in the Stone age or just go to the country, every villager discovering internet is a big time traveller...

NXT is pointing some attraction last time and many people started to buy some NXTs.

Despite the fact that NXT is not as innovative as it seems to be and its still more a ballyhoo than reality, there are some economical facts which are ignored.

Price of NXT is today a bit over 0.00007 BTC, this means you can buy 14000 NXTs for 1 BTC.
The market cap of NXT is now 56,683,632 USD. Bitcoin has now 10,279,956,400 bucks.

These are all well good known facts, nothing surprising.

There are 1000.000.000 NXT in circulation, comparing to 12mio BTC ever mined. This fact itself is not important at all, BUT very important if you look at other facts:

The ratio of market values seems to be 1:190, just by dividing Bitcoin market cap by NXT market cap. This is not too big ratio, if we assume the NXT has not ever launched, has not fully working wallet and its just a piece of speculation having nothing than the concept which MAY work. But still OK, ratio 1:190 is maybe an acceptable gamble and growth potential.

And now the ignored fact: This ratio is totally incorrect. The real ratio of market caps is...

between 1:10 and 1:50

A bit low if we assume the NXT is only startup with no experiences, no real trades, no adopters...

Just from one reason - Bitcoin doesnt have 1 billion market cap at all. Most bitcoins are forever lost or werent traded more than 1 year. At exchanges there are only hundreds or thousands bitcoins per hour circulating. We can only speculate how many bitcoins are "alive" but it wont be more than 25 percent of mined amount. So... 190 multiplied by 25 percent is... approx. 50.

Now we have the new ratio, 1:50. Almost all NXT are alive and not lost forever at the moment, so the number of NXTs is still 100M.

But thats not all. NXT price is artifically overpriced by one more factor which will fade away with the time. All NXTs due to full premine at launch were owned by few authorities posing a trust. The price is just monopolistic. Due to the rules of monopoly, every monopolistic price is much higher than market price. This monopolistic price will get market price at the moment when more NXTs will be owned by public. There will be months or years while the stackholders still will inflate NXTs by melting down their huge holdings and scalp all newly incoming cash-flow.

So there are no cheap NXTs but only NXT tullips expensive as hell at this stage. I have complained once over NXT price but stackholders and sheeps declined my opinion, so had to explain it a bit more by using logic now.

NXT for today price is NOT like 1 BITCOIN when it costed 0.01USD.

The real price should be many times lower now, sheeps will be very surprised when price will move some time nowhere or down instead of up until the market will get healthy and the bubble pops or gets filled by tons of newly incoming investors and sheeps.
When everybody holds something from only one reason - waiting for growth, there always comes a bubble into existence, with capitulation phase and dump after popping, nothing else.

Yeah and one more thing - all this predictions are valid for POSITIVE case, in NEGATIVE case there will be no zero-rise phase, no bubble, no popping, there will be just few new millionaires at Bahamas and nothing more.

I personally maybe will buy few NXTs after first NXT bubble in capitulation phase. Awaiting it 3 months after the full launch when first people will realize that bitcoins spent for NXTs were not pumped into NXT value but only to the wallets of preminers.

Sorry for my clumsy english, not my mother tongue, thanks.

55 percent of hashrate? 

Now a millionaire question:

Now we are around 60 percent 500.000 reward coins mined. What will happen now?

1. price will rise around block 90k when the halving of reward will approach, then it may get to 100 satoshi shortly and then slowly drop because miners will leave the ship and coin will slowly die (it has death intended, look at block halving rateand reward )

2. price will rise and will stabilize, ignoring fact that the currency will be secured by less and less miners or the transactions will get more expensive

3. price will skyrocket and it will fully compensate the halving rewards and doge will get extremelly rare

4. nothing will happen because there are still too many doges owned by whales + earlyminers still owning loads of doges scalping every bigger growth of price

5. price will go lower because people will worry about the death of coin by halving blocks too fast and panic sell will dump the price back to 0

Current price is bad for both sides.

For selling is way toooooooooooooooooooooooooooooooooooooooooooo low.

For buying is still possibly higher than the bottom.

For mining is the diff too high.

The price is useless for everyone, miracle???

NXT is tooo expensive, 38 mil. market cap for premined starter up in pre-beta testing? Are you kidding? Adequate price for approving more people would be 10 times lower. At least 10 times.

And the voting system may be abusable very easy, whales may decide to punish all low-share holders and just vote about it... Or just to vote about stealing someones NXT?

double bottom, pump, big walls, message from devs, ... all at same time... Hey, insider trader was here

However down again we go. We need a trollbox to the BTC/EAC market, its funny to watch it. One guy with 10BTC and price moves like rollercoaster.

Buy walls slighly above 100 now.

Update: excellent investigation zukii. But try to investigate the first blocks really mined, they were mined when pools were crippled. Instamine dump is much smarter and harder to detect than premine dump.

Now craptsy high above coineudump, i will test the guy with buy wall at coinedump, going above his bet... Now he has 3 choices - go above us (that he wont probably do), sell us some cheap EACs or stay and hope.

I have no problems with that, i made safe 10 percent increase just by arbitraging craptsy - coinedump. But now its not possible, the spread is too low and coinedump is not liquid  

Huge pump at craptsy. You are probably right, someone holding buy wall low at coinedump and eating out craptsy and hopes sellers will look at coinedump price but i must warn them, these prices are invalid, no deal here since last 15 minutes, im still holding the lowest sell offer and nothing happened.

at coinedump is the wall really high, over 7 BTC. Looks like someone lures sellers to that walls and does a big arbitrage.

Buy wall now at even at craptsy, someone starts high game...

Wut huge buy wall at coinedump from nowhere...

A whale sensing double bottom?

Or pump by developers after they dumped everything? 

ask the developers... they are being silent now... Or they just dumped too much at 900 and now dumping the rest to make rebuy and Pump n Dump - round 2. Of course, maybe under the new name, who knows... You can make easy money if you can recycle the coin and its initial development to point the attraction... !!! idea !!!... aha... hmmm...

Last x2 reward dumped price a little but there was the diff 3 times high than the day before. So the effect is weird... Like everything in crypto businness.

coinedup without fees up 15 satoshi above craptsy... Double facepalm craptsdumpers... 

Wow another flash fall...

Levný teda rozhodně nejsou. Spíš pěkně mastný.

Nevidím tam žádnou pořádnou rizikovou prémii, pokud to uspěje, market cap je jak prase už nyní a přitom jde o teplou vodu v beta fázi.

$ 36,834,118 = 700 mega v českých. Tolik tam možná nebude ani pokud to náhodou nezkrachuje a uspěje.

To je jako kdybyste si založili startup  s nějakou hezkou myšlenkou a alfa verzí a chtěli za něj miliardu. Kravina.

switched to mine doge for a while to a very small PPLNS pool and bingo, it has found a 900.000 block instantly after previous one... Daily earnings done really fast   Thank you EAC dump, without you i would never get profit of this day so fast  

ID   114         Height 56,257   Amount   940176.0001

Btw. the dump starts running out of steam, people not willing to get 5 bucks for every 1 Mhash at this diff?