Sorry but I cannot make any sense of your convoluted post. Are you high on meds or other substances?

You seem to imply I consider "unfair" the distribution of NXT, which is absolutely not true. I could care less about it... except for two very significant facts: #1.- Regardless how "fair" or "lucky", when someone holds the volume that is traded in 6 months in his wallet, obviously that individual can manipulate the market and, in fact, kill the coin. It almost happened already when one of the 73 initial owners, dumped. And #2, those millonaire (in nxt) holders, in FACT, collect every forging coin, it doesn't matter how many or how few, they get them all, therefore any new potential investor with an intent to hold for the long haul will hesitate or desist on that alone. Combine #1 and #2 and you have a VERY SERIOUS PROBLEM.

Adding to that problem, as numerous times stated above, is the fact that this is, by far, the most complicated Alt coin in crypto (with wallets having constant problems at the exchanges, to boot). The intimidation factor, obviously would detour many potential new investors and is indeed the cause of the lack of adoption, in business and individuals. Worse yet, development seem to go in the opposite direction of simplifying  the process, thus resulting in the peculiar situation in which, the more "successful" the platform is, the more the price of the coin goes to the ground. Still, at a market cap around $8 million, there's a long way ahead, seemingly. All in the wrong (for investors) direction, I'm afraid. 

I am all for accuracy and carefulness in the language. Always. When I say "millonaire" now I am referring to "millonaire in NXT, of course" since after being decimated in price hardly any holder has any significant FIAT denominated value in this thing. But if the transaction fees from the new business coming on the platform doesn't translate in some short of wealth, obviously we have a serious problem monetizing the platform and, logically, the more business coming the less advantageous (bloating comes to mind) and, under that premise, the slump in the price would be justified? You could say "no". And you could say anything you want but the FACT would remain that, big or small reward, the richest take it all. And that is quite relevant, of course... for everyone contemplating joining NXT (and not having the means to purchase millions of coins, of course). Not in other words, in THESE SPECIFICS WORDS, as per you explanation, there's no way to make money in NXT other than by trading and since it trades only on the downside, there's actually no possible way to make money in it, therefore, people is getting out, hence, the explanation of the slump.

That would be great. Is it a FACT that the businesses built on the platform don't bring any value to NXT since all the transaction fees go only to the millonaires holders of the coin?

Again you try to avoid the main subject: A little or a lot it is all there is. And all goes to the richest. End of story there.

Answering your question, why WOULDN'T they? (want to dump). It's all gravy for them. They had nothing before, now they are millonaires. It's only human to want to live well when your fortunes have changed, isn't it? As a matter of fact it is my knowledge that one of the 73 already dumped all long ago -to nefarious consequences, of course-. And it is a miracle in my view, to be quite honest, that there's not even much more dumping going on by those holders, except for the fact that they know better than anyone that the price would go to near zero if they would start to aggressively dump instead of doing it orderly, as they are. But that is a somewhat only related subject, the question is WHY the price continues going down if the volume doesn't allow to speak properly or a dumping of any significance going on, when, I repeat what I stated above, everything that could go well with NEXT is going not just well but exceedingly so, don't you think?

Oh, the excuse that it is a slump for ALL cryptos doesn't fly, really. Some have suffered and some have rebounded significantly while others remain more or less stable, so it isn't THAT either (BTC itself sits at 40% above most recent lows). But hey, if you want to consider this price onslaught as "normal", more power to you...

Your perception of who I am is to me of the same significance as to who you are or how much you make doing whatever it is that you do: Zero. So you can assume whatever serves your purposes better at any given time.

The questions, before you tried to derail the debate, were related to the complexity of the NXT platform and it's possible intimidating factor as a cause of the slump -disarray, in fact- of the price of late, on one side and, on another, the FACT that the obvious success of the platform -measured in usage, current and exponentially growing in the immediate and foreseeable future-, not only has not produced are real benefit to the project, as reflected in price, but the opposite indisputably. Any normal individual would use some very basic common sense to try and discern the reasons behind those two indisputable FACTS... but I know I am trying to obtain some thoughts out of a stone here, so don't even bother. Or do, as you must...

I believe it is a "reasonable" percentage -as opposed to the scammy, ridiculous percentages earned by loads of shitcoins... but that's hardly the point. The POINT is that all of it, or 99.99% of it, by design, goes to the majority holders... those who hold millions of coins and cannot dump then in a market so lacking in liquidity, you understand? Which, again and again, comes back to the problem of distribution that has long plagued NXT. I don't say it is "unfair" but it is indeed a huge problem.

Again, I haven't questioned the success of the platform at all. As a matter of fact I have posted many times, in over a year,  that I consider it by far the best in all of crypto. The questions raised are: Why is the obvious success of the platform a negative for the price -and a huge one at that- and is it the fact that it is probably intimidating to most potential users, in crypto and outside, the main couse of that apparent discordance. Those are the questions are for debate, not my presumed identity nor that exercise in absurdity that is the pretension that NXT -or any crypto- can be any kind of "solution" to the Greece crisis, ok?

Otherwise, I wish you all the luck in your business when it comes online... as long as it isn't one of the regular scams that plague the platform, of course.

The question then is even more basic: Since the platform is very successful and the increase in business (and scams) has been and continues being nothing short of exponential, the "transaction fees" must be mighty inappropriate (where do they go? --oh wait, don't answer that, it is my understanding that they go, 99.99% to the holders of the majority of NXT, right?), since, obviously, such success, as posted above, has only brought the decimation of the price of NXT to les than 1/4 of what was only weeks ago, right? Or am I missing something here?

You mean a controlled and manipulated vote like the last time around? No one CAN hijack any thread, it's an impossibility. Never happened (in this coin or in others) but, obviously, you blatantly lie under the self-conviction that it can although it is very easy to check that it never, ever happened. To any coin.

Have fiun with the boot on your neck and dreaming it's yours on the neck of everyone else. The nazis also believed they were doing humanity as a whole a great service, you know....

Since it will be censored by certified nutcases, it will be a very solitary place, but hey, you can continue away from the madding crowd, after all (so far) it has done some good to the price... mind you considering the migration happened when it was at the bottom and with staggering losses for all involved.

No one argues that the PLATFORM  can be "useful". The question is does that usefulness add value to the coin or the project at large? Read above and youll see statements from me to the effect everything that could ho right with the platform has gone right already. And yet the price has been slashed by 3/4 in a few weeks. So YOUR business on the platform hardly brings any real value to it, now does it?

On a separate side os the issue, notary services and smart contracts have already been implemented by others projects... to no "value added" effect whatsoever... i guess because, much like the coins, the services must be ready to use but, actually, no one is using them.

I am going to keep on disagreeing on that one. While security is a given, there are several other projects much better "endowed" in that regard. As for Proof of stake... really? The whole concept exists for the ONLY purpose to keep the network active and safe. It is meaningless. The crypto that will make the transition, that will be used by Joe Sixpack and Walmart, will not have any POS, no matter what letters you add to it, or will have it automatically, like any others will, much like everyone wears shows, no matter how different the models, ok?

While the tripling in price is quite remarkable or late, the (lack of) volume makes it clear it's only a minimal thing soon  to disappear once a few starved bagholders reduce losses (mind you, most hold bags averaged in the 20ks, so all of this, paper included, is meaningless). Vericoin, paper or no paper, POS or no POS, regardless of subsequent letters, is just another shitcoin bound to disappear into oblivion sooner rather than later. I am in fact surprised that the stooges are still around. Quite remarkable fact, really.

Mildly comforting to read that, on your own, you would have thought any of this crap to be "batshit crazy". Because, well, it is.

Of course you have nothing better to do with your time than jerking off about the cryptoutopia -which we are all interested in-, but Greece and its creditors have a more precise and rather urgent problem: As of tomorrow, lacking an 11th hour agreement, Greece will be in default. And the creditors in deep shit. And there's no amount of jerking off that may help either -although it cannot hurt, admittedly- because, no matter how you slice it, there are only two solutions, the same true and tested that have existed for ages and that have been exercised with various degrees of success and losses, in many other countries before: The creditor reduce the debt, voluntarily, in a very significant degree and accept, let's say 20 cents on the dollar and with renegotiated time terms of payment, or they get a new extension of same terms... but at the price of a multibillion dollar package. There's no other "solution", blockchain or no blockchain.

But, just out of personal curiosity, Dave, because I am having quite a bit of trouble getting around the idea that you have no idea whatsoever what you are talking about here, exactly how would you "view" the use -let alone the "solution- of Greece using blockchain tech? Mind you, the very, very stupid "description" that Kelly makes in his article is nothing but the old T-Bill -money backed by the government for which it pays extremely high interest to creditors, only that it will be "guaranteed" (quotes of extraordinary significance for the will of the people, the greek people in this instance, supersedes any and all contracts, smart or not)-. The ineffable Kelly suggest the use of dracma-net or whatever you may call it to pay creditors and state employees and that, like magic, everyone in Greece is going to accept payments in such a "coin" like they would accept euros or dollars. Just because. Let alone, say Toyota or Exxon, when the Greek pay for their imports. So, please, illuminate me a bit here, far from hyperbole, of the most stupid kind and other metaphors ad hoc... not a matter of  time dear boy. Or technology, for that matter. The technology, make a clear note of this, is good, groundbreaking even, to TRANSFER and transfer ONLY. It doesn't create anything else, let alone ASSETS, real ASSETS, no matter what James would lead you to believe, ok?

You are quite far from knowing who I am, first. Second if you need graduates in computer sciences for NXT to go anywhere, then you have a much bigger problem than I thought you had. I guess the slogan would read something like this: "NEXT: THE CRYPTO COIN FOR THE COMPUTER SCIENCES GRADUATED JERKOFF STILL LIVING AT HOME AT 35". Quite compelling, perhaps. Growing demographic indeed... prolly...

Already answered on the other thread...

To put anything Brian Kelly writes, or attempts, as a "solution" to anything is akin to put Kim Kardhasian as an example of discretion and humility, ok?

You DO know he is the guy who used his knowledge and experience to create Nautilus, right, one of the biggest if not the biggest failures on crypto's brief history, right?

This is actually beyond hilarious. And with the infamous Brian Kelly as the author of the article to boot. Pure lunacy, of course.

I did not say the endeavor is easy, by any means. But possible indeed. In fact there are several coins already somewhat providing this already, without human intervention in all kinds of transactions. The matter here though is that, as it is, THIS is a total joke. Hence, my statement.

This is just typical mumbo-jumbo, of course Dave. What "solution to Greece's problems" are you talking about? NOTHING emanating from crypto can ever be a "solution to Greece's problems", ok? It's a bankrupt economy and they can use as currency anything they choose but nothing will solve the problem of lack of money, ok. You declare bankruptcy, your creditors either let you go on loosening their grip you they will eventually get repaid or just stop payments altogether and you pay the consequences. Then you can use crypto as currency, leaves, stones of whatever else you choose but none of those currencies will "solve your problems", ok?

Except that it doesn't work on most exchanges, for example. Except that there are so many things going on, like those hundreds of "assets" (I'm trying to launch the hairs of my butt as significant asset in the AE, maybe it'll take off... since many more absurd things are being currently offered and many more have proven already to be scams outright), like the supernet, like the ever growing amount of James' "assets"/holdings. Te list goes on and on and on. Mind you, I LOVE the platform, I believe it is far and away the best, most complete platform in crypto, but there's no denial of the distribution problem no matter how you choose to look at it, and there's, obviously, the intimidation factor. There's NOTHING simple -like you pretend- about NXT. Least of it, the coin itself ("use it" in what? other than jerking yourself off buying so called "assets" it has no practical, actual use whatsoever... that I know of (maybe you can illustrate me). Now, why don't you ask people, ANY regular people -including those connected with the crypto world, what exactly is NXT, how much you can "stake" (by any other name too) in terms of % and what usage you can have for the coin? You will find the answer illuminating, I'm sure. And have you checked the forum/s lately. Imagine one individual wanting to learn about NXT now having to go through hundreds upon hundreds of pages here, it the nxt forum, at wikipedia and at one of the seemingly millions of "specialized info" pages. Just how long do you think a regular person will need to have even a remote grasp of what to do to invest in NXT and sell his record collection, for instance, on the platform. Or how to create and offer an "asset" in the exchange? I believe you can e accepted at NASA way easier than it is to even come to minimal terms with what NXT is already (and growing seemingly exponentially... while getting halved in price every few weeks.
You, of course, are an expert. I am sure you can do much better that download, install, use. Because download, install and use it, simply doesnt work, so start from scratch and tell regular Joe how to use the wallet once downloaded. Then explain to him how he has (or not) the alternative of having an online wallet (no bloated chain) online. And take it from there. Tell "Joe" what actually he can do with the NXT that he may purchase and tell him, if he holds ANY other wallet, which of those is simpler to use, any-other-wallet or NXT's. Then call my exaggerated, if in fact I am and that it is not intimidating a project which is less than 2 years old and has elicited more literature already than the conquest of space (fiction and science-fiction included).

How do you explain a joke?

Lets just say that this is supposed to be a TRUSTLESS platform not one in the hands of X number of "operators". Who chooses these "three independent operators"? Who polices the police? Because it is unheard of that three different "independent" parties would act in cahoots to skim people out of their money... especially in crypto, right?