489
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Alternate cryptocurrencies / Altcoin Discussion / Re: BlackCoin vs NXT
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on: March 31, 2014, 12:28:29 PM
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Then Bc is a Bitcoin clone!? Or is written from scratch?
Pure POS part was writen probably from scratch we don't have any other working coin without POW disabled.that's not true just search around If there's no mining in NXT, how exactly did the coins get distributed? Someone mentioned that people bought them initially. So the developer made BTC off of selling his premined coins? At least ripple gave some away for free... Both these coins seem shady. 100% POS ensures the whales get richer. i was nxt stakeholder and i say that nxt is a total scam considering the initial repartition. bc was more fairly distributed, only 7 days, but people had a fair time to buy it when it was cheap. i bought bc early at 2500 sat and saw it go down to 500 sat without much fear i'm waiting for a decent nxt clone to buy in, and i have a nice stake in bc for long term. Anyway every markets are fucked up right now due to this little chinese crisis :p so i'm buyin cheap alts you mean Nxt when we were buying Nxt in November for 100 Satoshi? Or in December for 400-2000 Satoshi? Now you can buy for 5000 Satoshi i mean i was in the 71 stakeholder list ...a founder with a very cheap 500'000 NXT stake, who decided to sell early because he didn't believe in it, right? scam is definitely the wrong word, it was an investment you used for a quick profit, nothing more nothing less... lol profit
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494
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Alternate cryptocurrencies / Altcoin Discussion / Re: BlackCoin vs NXT
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on: March 31, 2014, 11:04:24 AM
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If there's no mining in NXT, how exactly did the coins get distributed? Someone mentioned that people bought them initially. So the developer made BTC off of selling his premined coins? At least ripple gave some away for free... Initial IPO of NXT was only 21 BTC. PoS must be initially distributed- it lies in its nature. The way BC did it was very smart : Proof of Work. There's nothing shady with these. Just a lot of misunderstanding usually. So how many people exactly received NXT in this initial IPO? probably just the dev and a close circle of his friends. This BlackCoin thing doesn't seem much better either. How long did the mining period last for? Probably only a few people got their hands on them before mining ended, which is weird as the coin is like 2 weeks old. LiteCoin has a better distribution than both of these, and people can still mine them with GPUs. As far as I can tell, this BlackCoin only has pump-and-dump potential at the very most. for a btc (200$) u could have had approx 40M nxt
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495
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Alternate cryptocurrencies / Altcoin Discussion / Re: BlackCoin vs NXT
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on: March 31, 2014, 10:53:15 AM
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Then Bc is a Bitcoin clone!? Or is written from scratch?
Pure POS part was writen probably from scratch we don't have any other working coin without POW disabled.that's not true just search around If there's no mining in NXT, how exactly did the coins get distributed? Someone mentioned that people bought them initially. So the developer made BTC off of selling his premined coins? At least ripple gave some away for free... Both these coins seem shady. 100% POS ensures the whales get richer. i was nxt stakeholder and i say that nxt is a total scam considering the initial repartition. bc was more fairly distributed, only 7 days, but people had a fair time to buy it when it was cheap. i bought bc early at 2500 sat and saw it go down to 500 sat without much fear i'm waiting for a decent nxt clone to buy in, and i have a nice stake in bc for long term. Anyway every markets are fucked up right now due to this little chinese crisis :p so i'm buyin cheap alts you mean Nxt when we were buying Nxt in November for 100 Satoshi? Or in December for 400-2000 Satoshi? Now you can buy for 5000 Satoshi i mean i was in the 71 stakeholder list
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497
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Alternate cryptocurrencies / Altcoin Discussion / Re: BlackCoin vs NXT
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on: March 31, 2014, 10:46:00 AM
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Then Bc is a Bitcoin clone!? Or is written from scratch?
Pure POS part was writen probably from scratch we don't have any other working coin without POW disabled.that's not true just search around If there's no mining in NXT, how exactly did the coins get distributed? Someone mentioned that people bought them initially. So the developer made BTC off of selling his premined coins? At least ripple gave some away for free... Both these coins seem shady. 100% POS ensures the whales get richer. i was nxt stakeholder and i say that nxt is a total scam considering the initial repartition. bc was more fairly distributed, only 7 days, but people had a fair time to buy it when it was cheap. i bought bc early at 2500 sat and saw it go down to 500 sat without much fear i'm waiting for a decent nxt clone to buy in, and i have a nice stake in bc for long term. Anyway every markets are fucked up right now due to this little chinese crisis :p so i'm buyin cheap alts
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