For all the criticism Crypsty gets it's one of the only exchanges I know that shows the owners identity and has a physical location. Without that you are basically trusting someone you don't know like a random person on a forum with your money. Yeah they could have a good reputation but say they did lose a large amount of money that they couldn't possibly pay back then they have all the motivation in the world to disappear without paying you back.

Of course this is also why we need decentralised trading like second gen coins NXT, Qora and Etherium etc.

People really think this is a good video?

To me it kind of undermines Bitcoin at the same time as looking like it is just educating. The conclusion for one is basically Bitcoin wont work but maybe something like it will. They didn't mention anything about why Bitcoin is needed in a manipulated fiat work dominated by central banks and fractional reserve banking. In fact it saw the limited supply as a negative.

I personally wouldn't show this as a way to promote it. Yeah it can make it seem more palatable and mainstream but misses the point..... I would argue on purpose.

Relax, the coin hasn't even been released yet.

Do you only ask gambling related questions even though they aren't like you know.....relevant?

Crypto really needs backing from a real world standard of value like a precious metal etc. Why has no one done this yet?

it's seems the holy grail of crypto. A currency beyond manipulation that holds value in a stable and tangible way. Wouldn't all it take a gold storage facility guaranteeing a certain amount of bitcoin for Gold?

just looking at the logo screams it's a scam.

Sad really cause someone should make a gold or another precious metal back coin. Even if the value was a very small amount in Gold it would have some stability.

Yeah I know people start these threads to pump their coin and yeah I do own some. But I get a feeling that NXT is about to make a moon shot. I absolutely could be wrong but its a vibe i'm getting. I think maybe people are tired of the shitcoin clones, tired of the NXT clones and wanting to get into something that is more stable and long term. Of course the asset exchange is also a factor. I think some people who are new and haven't heard the negativity about the distribution are just seeing NXT for what it is ie a highly innovative system that is at the moment unchallenged.


I personally believe it should be worth many times what it is now but I'm saying this cause my spidey senses are its gonna rocket and once it does it wont come down easily. Many times before I got this vibe before a spike up and I was right, so lets see here...

I'm gonna be blunt here but I hope Qora is never listed on here along with the likes of happycoin, Dubstepcoin and Nibble.

I wonder if there is gonna be some problem with getting Qora on any exchange due to compatibility?

I think Qora should be cautious to be on loads of exchanges but maybe coins have little control of that?

I think one or two dedicated exchanges is far better than getting on tons of minor ones but that's just an opinion.

NXT had DGEX and it worked well I think to have this kind of dedicated exchange.

agree, it's not about having a pop in price cause some of the most stupid coins including the country coins have had this. It's the slow burners and the ones that can maintain a price long after the hype has died down. It's like music, the decent bands of each fashion continue on while most don't. the coins I see like this are Bitcoin, Litecoin, Darkcoin, Mastercoin etc basically anything that brings something new or innovative. I hope Exocoin and Qora too as they are genuine new codes that may bring new things to the table but I admit that's my hope at this point cause I bought into them cause I see potential in genuine new coins.

The only actual IPO of a new coin and code so far is NXT and the price did explode in price. Problem is most 'new' coins are just clones of Bitcoin or NXT. Qora and Exocoin are however real new coins with new code. I personally expect an explosion on the upside. People and the market have a great way of sniffing out genuine from copy and paste crap. NXT also if there was any justice be a few times the price it is now but got the rough end of negative people who were bitter they didn't buy in.

Even a scammer knows when he's beat.

ahhh because he's pumping not buying...

I think it's legit in theory cause a whale would be nervous to sell on an exchange a large amount and crash the price. BUT this particular guy is not legit...

Dude I just read through your old posts. You were saying how you managed to buy 100,000 over 3 months. I'm therefore gonna assume you are talking out your ass. nice try attempting to pump NXT but it doesn't really need it cause it's strengths are it's function not emotion. It's historically cheap now, it really is a great investment at this point.

Just get on DGEX and start slowly buying by picking off decent amounts on the quick buys. Do it carefully and you probably can avoid pushing the price up. And if you do gradually push up the price and then your NXT will be worth more. No offence but I assume you're not legit and trying to pump NXT though. Don't blame me for being cynical but this forum is 70% scam threads.

Otherwise good luck and start buying. It's also worth noting the price is pretty low at the moment, any price around these levels or even double is still decent. I bought most of mine at double the price it is now and I still am confident in the long term.

Yep, a few trusted code experts on this forum could check it for the community. And I guess if a coin popped up with similar code we would know they leaked it. I'm normally against organisation and decentralisation in crypto but if you had a few experts that came together did a proper testing of a code, wrote a laymans terms report on it, good and bad kind of like a review or scientific paper it would be very valuable and worth organising and funding.

I bet 99.9% of people don't actually look at the source code anyway and if they did wouldn't know if it was sound anyway. The truth is the only people that really study the source code are trying to clone it in some way. They are usually the loudest voices that want the code released I'm betting.

You're clearly talking about two separate things. You are talking about profitable mining and generally making some short term profit while I'm talking about the long term viability of digital currencies.  All the coins you mentioned have not had a steady increase in value but resemble more a pump and dump with no one taking them seriously as a real currency apart from NXT which is not the same argument cause it as a new code ie not a clone.

Of course no one can give 'evidence' but we do know your side of the argument of releasing code and seeing a ridiculous amount of clones that I believe do nothing to further the uptake of digital currencies and their viability as a real exchange of wealth (99% of coins are only useful once traded on an exchange for Bitcoin or fiat to have any serious option to buy something). So I think you are on a sticky wicket if you think the ever growing flood of shitcoins and IPO's 'helps' Digital currencies rather than spread the wealth among more coins.

And we cant know what would of been if source codes weren't so easily cloned. But imagining a situation where we only had Bitcoin, NXT, Qora, EXO etc would be make for a far more stable respectable situation. I mean you would get genuine interest and focus on new innovative coins due to their rarity and people wouldn't be bouncing between so many coins but would probably have a foot in the major ones. Plus if the only way to have a new coin was to actually create one then it would naturally lead to innovation and people striving to 'make' a new coin and not a scam clone.  

So yeah we cant have 'evidence' but I know with a bit of an educated guess which one I personally would prefer, beyond my preference you will have to ask others.  

I'm not sure there is any evidence to say copycats helps promote the original. Our major examples are Bitcoin with it's swarms of alt coins that have done nothing but dilute the market. Ie the worst thing that could of happened to Bitcoin is a load of copycats that make a mockery of digital currency.

The other major example is of course NXT which is being destroyed I believe by inferior clones. So no I don't agree clones give value or bring attention to the originals. At least not always in a positive way.

Bitcoin was a different beast cause the flood of clones came later when it had already become established. I still say it would of been better if they hadn't. Now is a different time where you have a ton of scammers literally waiting for the code or even starting before knowing they will be getting the code at a set time.

Qora can release the code eventually BUT as soon as they do there will be a ton that claim they are better or are completely new code and will attack Qora. I say don't give them a set dat as he has already saying 1-3 months. It bet we will see clones starting IPOs based on Qora almost straight after the launch planning to launch once they recode what they will say is terrible code and simple etc. when really they are just waiting for the code release. If he HAS to release then he should not be specific until Qora is highly established. It's weird cause I'm non techie and assume people involved in coins are smart but the fact is the people who really want the code are wanting it to destroy the original.

So holding onto the source code is the best thing a new code can do to promote a coin and releasing it is the quickest way to destroy it at this present time.

if you just want to play with the test client then ask on here and the developer or someone should be able to send you some.

But to actually buy the real thing I'm afraid the IPO has finished. They aim to release coins by 16May if everything goes smoothly. I imagine it will hit some kind of exchange soon after.

They are right, not to recognise that NXT has been severely damaged by people perceptions of 'fairness' of the distribution is not to recognise the bigger picture. yeah most coins are down, but early on NXT was swimming against the flow no problem.

NXT should be 5-10 times the price it is now if based simply on the innovation of the system. If NXT had a perceived better distribution then people wouldt of run to NEM and other clones. I can't see a price rise coming until NEM and other major clones are out and people can reappraise the situation and value.