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81  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion on Dgex.com's IPO on: March 09, 2014, 07:18:52 AM
just look at the volume of the different exchanges at http://coinmarketcap.com/volume.html#nxt

dgex had only a market share of 10%, a constant down move over the last weeks. Due to the problem of more competition and only offering one product.
82  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 08, 2014, 09:25:08 AM
Guys what about the distribution?
Somebody was revealing top 60 accounts holdings spreadsheet a month ago for a week or so. Did the distribution change any since? It is well obvious that we have whales unloading and keeping the price down for last couple of weeks.
It would be interesting to see these distribution numbers at the moment.

Ok, here's the current NXT distribution as of today.



As you can see, it's pretty horrible. The whales rule almost 85% of the whole coin, and I guess most of them are the initial investors.

Excluding the ~85% of the total NXT the whales have, here's the distribution of the remaining 15%:



WTF!

these numbers could be skewed by the exchanges. Are there any numbers of how much they hold?
83  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: March 08, 2014, 08:44:14 AM
Usability is KING!

A visitor of Nextcoin.org tells about his experience and why Nxt is difficult to use for newbees. I totally agree with him, usability is more important than futuristic features. How can we solve this problem?

https://nextcoin.org/index.php/topic,4339.new.html


We need a passphrase generator like the one in Electrum, it is naive to expect people know how to create a strong passphrase

usability and easy access should be a priority.

Right now there is a good chance that a search about Nxt will lead me to http://www.nxtcrypto.org/.

Step 1: Downloading is doable
Step 2: Batch file ... oki what is this. A lot of people will already give up.
Some will create a bat file and it won't work, because there have been problems with the bat file and newer versions. More people will give up.
Step 3: Navigate to the link posted doesnt work with the newer versions as well. I had to change https to http. More people will give up.
Step 4: Password. Not a big deal imo. As long it is clearly stated that you cannot change the password in the future and if you lose it your money is gone.
Step 5: Start forging. No Link available.

Im reading the thread regularly but i had to check several other forum posts to get this thing running.

84  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinion on Dgex.com's IPO on: March 04, 2014, 09:12:29 PM
more like 0.13 per month.
But these are not certain profits, they could be lower or higher in the future.

Mining bitcoin has a very different risk profile, difficulty and price are the major variables. Whereas BTC certainly has an effect on other cryptocurrencies like Nxt. But you also have the company risk and the risk in the Nxt market.
85  Alternate cryptocurrencies / Altcoin Discussion / Opinion on Dgex.com's IPO on: March 04, 2014, 01:41:32 PM
Dgex.com recently announced  their IPO

http://dgex.com/news.htm

They are already in the 2nd phase and offer one share for 125 NXT / share.
The detailed prospectus is linked below.

https://dgex.com/pvo/dgex-prospectus-v2.pdf

Calculation

1) $Value of the Dividend per year

They are projecting a 0.0302 BTC dividend week per 1000 shares, given the current BTC price that is around 1$ per year per share.

0.0302*52 /1000 *660 = 1.036

2) Price of the stock in $

The current value of one Nxt times the amount you have to pay for one stock


0.052 *125 = 6.5

3) Price and exp. dividend

For an investment of 6.5$ you receive around 1$ dividend per year, doesn't sound too bad right?


4) Risk factors and

- exchange is getting hacked
- competition
- Nxt will fail
-...

Dgex.com is only offering Nxt at the moment and more and more exchanges adding Nxt. More exchanges means more competition.
Their security is not very sophisticated, I couldn't find an option for two-factor authorization for example.

=> High risk

5) Competitive advantage

The problem is the one product market. They have lowered fees again but that's not enough to compete.
They are also offering a Nxt Client but there are already several competitors out there.

Nxt price and volume over time:
http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=nxt-btc&market=dgex


=> They don't have a clear competitive advantage and their success is very depended on Nxt's

5) Result

Due to several huge risk factors (security, growth), we are dealing with a company with that has the risk characteristics of a startup. But return characteristics of a company in a competitive market (chances of huge growth are very slim).

You can plugin some numbers into the http://en.wikipedia.org/wiki/Dividend_discount_model and see for yourself, that this is investment is probably not worth it.










86  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN]WhatOund:Descendant of BitShares on: March 04, 2014, 12:35:47 PM
interested
87  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN]BitXFund:Descendant of BitShares on: March 04, 2014, 12:25:25 PM
interested
88  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN]WhatFund:Descendant of BitShares on: March 04, 2014, 12:22:36 PM
interested
89  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [FLIX] Fast, Light, Innovative - Based On NXT - Equal Shares - Soon on: March 03, 2014, 04:28:59 PM
interested
90  Alternate cryptocurrencies / Altcoin Discussion / Re: Coin2 doubling everyday, I advise non C2 holders to buy now! on: March 02, 2014, 06:08:46 PM
lol, I own C2 myself but please stop those pump threads without any content.
91  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][RSC] RealStackCoin | Reverse-scam | Fast Decrease | Scrypt | Launched on: March 01, 2014, 08:02:57 AM
investor 133, received my realstackcoin
92  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [PRE-ANN][STACK] RealStackCoin | No IPCO | Fast Decrease | Launch Soon! on: February 25, 2014, 09:08:25 AM
nice effort, lost 0.2 BTC due to the scam
93  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ME.TOO :: descendant of NXT - 4 billion coins on: February 23, 2014, 07:52:31 PM
interested
94  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 21, 2014, 08:01:29 AM
I bought a level on the bitscraper project for Nxt.
http://www.bitscraper.pw/p/blog-page.html

We are on Level 25. If you want to donate my Nxt address is in my signature.
95  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NETX] ::descendant of Nxt --- The token of the internet. on: February 17, 2014, 12:21:29 PM
interested
96  Alternate cryptocurrencies / Announcements (Altcoins) / Re: NXT :: descendant of Bitcoin - Updated Information on: February 14, 2014, 10:11:46 AM
another site that lists the different Nxt Clients.

http://www.nxtclient.org/
97  Alternate cryptocurrencies / Altcoin Discussion / Re: I have $15,000 To invest, which Altcoin should i invest in ? on: February 08, 2014, 11:17:22 AM
Most of it in Bitcoin, and some in Nxt.
98  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [PMC] Premine! - 100% Premine / 100% Distribution - Mining TX fees only on: February 04, 2014, 08:48:29 AM
i did download the new client. did backup my wallet and delete all files. but client doesn't connect to the network.
99  Alternate cryptocurrencies / Altcoin Discussion / Re: My estimation for the price of the top altcoins by Q1 2015 on: February 04, 2014, 08:21:25 AM
my price estimations for beverage companies based on Coca Cola's performance, because its the leading beverage company....


this is the logic of the thread Wink


Just because you bring out a product with similar characteristics but a different name, you cannot expect it to perform similarly in the market. Because you neither offer any groundbreaking innovation nor has it the brand value.


100  Alternate cryptocurrencies / Altcoin Discussion / Re: [Giveaway] DOGECOIN , 1,000,000 to give on: February 04, 2014, 08:07:26 AM
DTU2jjuds3af5SamtKU4r5jyj6UY9t6W57

much thanks, so generos
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