How does it work then if it's blocked?

That's not the point I am making here.

The best analogy I can think of is: Bitcoin is like UUCP, which was invented in 1978 and was actively used for 20 years, then when TCP/IP Internet got popular, UUCP usage dropped, but one of the last legacy UUCP services was shut down only in 2012, although very few people used it since 2000.

Bitcoin now is like UUCP in 1994 when PPP connection protocol was standardized. It can still grow, but not at its prior rate, and new emerging protocols and technologies are on the rise to make it obsolete within a few years. Or even faster than that, as the time it takes to develop technologies has contracted, as numerous examples of late show. One interesting project coming up: https://bitscan.com/articles/welcome-to-the-supernet

Your comparison is valid. But if you check currency reserves of central banks, you will notice that the share of USD in their reserves has been declining over the past few years. BRICS countries in particular have been striking deals to settle accounts in their own currencies without USD as a middleman. They are gradually moving away from USD. Nothing is static and nothing is set in stone, but some processes are gradual and may look as if they are not happening if you don't look at longer timeframes.

Same is taking place in crypto currencies. There are people who don't value BTC as much as other cryptos. The number of them is growing. But in crypto currencies everything moves faster. And if you don't invest your BTC, there is no US military to prop up its value for a long time.

Please would be nice.
https://bitcointalk.org/index.php?topic=361813.msg8697203#msg8697203
Oh, and 100 sat most certainly won't be next week, if you misunderstood, but will be before Christmas, I am betting on it.

Either way would work, I guess

There is a third-party script for NXT in existence since May that pays dividends automatically, and some companies on NXT AE have used it successfully many times.

And the developers are adding automatic dividends into release 1.4 of the client as part of NXT AE v2 with many other improvements & addons, which is scheduled for October-November.

Doge is switching gear next week, next stop - 100 satoshi.

Finally, someone asked a good question

No it's not. It's on a steady climb. There is a difference.

Interesting. You guys are so eagerly waiting for AE to be released in Qora, but appear not to believe in the idea of decentralized exchanges and are ready to trade it for a few percentages of more tokens

It's so 2009.

I would be very surprised if it can support $4-5 for longer than a few months that's left of this year.

Guys, stop worrying about a few satoshi, it's not productive for everyone. It's either going to be big or fail, a few satoshi won't mater.

HODL!

Not only block reward reduction plays a role, here is some points I outlined elsewhere, copying to this thread:

1) Dogecoin has a strong developer Langer_hans, who is very active and recently released version 1.8 which supports auxPoW, which means other scrypt coins are starting to add to the hashrate of Doge.

2) Doge has bottomed and not going any lower (lowest was 20 satoshi), it takes only a few bitcoins to keep it afloat above that level, while Litecoin still has a lot of downside.

3) Doge community is second to Bitcoin only, and the school year just starting, the community will grow more as kids are back in school and share their passion with friends and actively involve them in (for) Dogecoin trading.

4) Dogecoin has a lot of coins, which some think looks bad, but in reality it appeals to people's self-importance, which is especially attractive to kids, and hence Doge will continue to have a large audience.

5) Doge is being added to twitch.tv as a tipping tool this week, it has a very good chance to become a tipping coin of the Internet, again due to its large coin base, which enlarges adoption by orders of magnitude. Other developers are making tipping tools that use Doge for other popular websites too.

6) Dogeparty project.

James, a tough question, but what is the contingency plan if Bter goes belly up after the sale? It's a serious project you're undertaking, and you need to provide insurances of sorts to investors. You said you were looking for escrow for funds that investors channel to Bter, is there any progress in there yet? One can never be too paranoid about centralized exchanges. Obviously, buyers at NXT AE can feel more secure in this force majeure situation? Or not?

I know this is sarcasm on your part, but this is for newbies who may read this and take your words as investment advice: DON'T DO THAT!

When you buy on a centralized exchange, you have to trust both the exchange operator and James.
When you buy on NXT AE, you only need to trust James.
That's the main reason for why decentralized exchanges have come into existence. They provide a trustless purchase mechanism. You only need to trust the asset issuer, and there is no intermediary between buyer and seller.

Price action gives strong signals. Bitcoin has stagnated, price in USD is not going anywhere. Bitcoiners invest in other technologies, in those that show at least some advancement and progress. 2014 is the year of Bitcoin peak as a technological break-through. Its price may still grow a bit or not, it doesn't matter. It has served its purpose and is quickly turning into a fertilizer for the soil of crypto technologies on which innovations will blossom.

R.I.P Bitcoin. You did good. You will be remembered.

Never used Bittrex, can't answer, but you should ask here, that's where the community is and someone can quickly help: https://nxtforum.org/index.php?board=7.0