Why did NXT have to steal many millions of dollars?  Jeff Garzik (Bitcoin developer so I trust him) was right about NxT, this a huge scam. Now NxT is just trading their stolen money, back and forth, to create fake capitalization and volume. How do you stop this. |
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It's only volatile if you live in the east. Life goes on everywhere else in Ukraine.
Looks like NODE is dead - looks like developers were dumping on us with their socks and are gone without a trace.
That is the usual MO when doing a sloppy copy+paste Bitcoin or Litecoin knockoff. It does not really fit to creating a PoS codebase in a language nobody has done it with ever before (nodejs). That is far too much work to fit the definition of a 'scam'. Also- with the low traffic around here during the entire project- where exactly have you seen all those sock puppets? I think you are confusing this with the NEM thread. But regarding Ukraine: Have you been there lately? Yes I have been to Ukraine lately, before the fighting happened, and even today the "fighting" is only in a few obscure eastern areas. Even in Kharkiv, the second largest city in Ukraine and in the east, if you did not watch television or read BBC then you would have no idea there was a war going on. Definitely doesn't stop Come from Above from making 200 posts a week. Don't make jokes on here like NODE developers are building trenches, living in underground bunkers or protecting NODE code with a kalashnikov.  Besides the NODE developers are known on record for saying they're in Kiev, so the only fighting they're seeing are two fat men at Puzata Khata (Пузата Хата) fighting over the last tray of perogies!! |
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oh dear Daedelus, damelon told me that u r a ... Brit
sorry for saying u r dutchman ! i beg ur pardon
He's wrong. Even I know Daedelus isn't a Brit. Evil Dave is another Dutchmen, covered in tats and probably already has spent his NXT on prostitutes, meth and crack. Hey ain't nothing wrong with that, that isn't any different from typical lotto winner. Clearly crypto currency is sociological experiment to see what people do with overnight millions and the answer is: instead of helping others or building an economy, they spend it on vice. You know NXT whales, before price went down, probably cashed out several tens of millions? What is there to show for it today? Nothing. They have more financial resources than Ethereum and yet do nothing for NXT - shows they care nothing about NXT, so why should subsequent investors? Each time NXT rebounds one of the whales, the slower ones who couldn't cash out on time a year ago, dumps it back down.
If the whales don't care for NXT and want to see it dead - why should you care?
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I wish I could tell you guys the outlook for NODE looks great, but I'm not a liar and not going to try to falsely hype something because it goes against who I am.
I know some of you might be frustrated because you want to get back to higher value levels, and let's be honest, a lot of people bought node when it was in the 200s and now they want out.
So far we have gotten specks of information of what is going on, koop4u was supposed to make an appearance this month yet you look at his account and he hasn't logged on since March 31. What is really going on with NODE?
I still hold some NODE, but I don't see this going too far if the dev keeps being so mysterious about things.
The community is here if NODE decides to keep going, it's up to the dev team now to make their move.
Ukraine IS a volatile country, and I explicitly asked Sillk about this in a PM, but he appeared remarkably unconcerend about this. It's only volatile if you live in the east. Life goes on everywhere else in Ukraine. Looks like NODE is dead - looks like developers were dumping on us with their socks and are gone without a trace. |
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So maybe you do not understand from where is the team. Ukraine. It will say something? Think again!  NODE is scam? |
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I've been observing it for days. Volume looks pretty low given the scale of the endorsement. It says something that somebody with 8 million twitter followers (and 1 million YouTube subscriptions) can't convince his following to get into his crypto currency. That could say the masses think crypto currency is stupid or simply have no interest in it. but of course a lot of these celebrity types could just have ghost followers, hired by their agents no less, and this is probably the case as Russel Brand is in the United Kingdom and I doubt 10%+ of the population is following him on twitter. |
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For somebody, who you determined he was so "clever", he ended up being prophetic about NXT's outcome without his presence.
TaunSew is UtopianFuture. Don't forget Starik69, BlackShibe16, Sboss, Spoetnik, BCexpress, Come from Above, Bluemeanie1 and other people I've been accused of in the past year. Actually lost count, it's a frequent game on BTT to accuse me of being another person or to allege I run the most viscous pump and dump circle in crypto. At some point the legend will become fact. I prefer the title: "TaunSew the Destroyer of Aurora-$hitcoins, conqueror of l33t, Pacifier of Ethereum and circle master"  |
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I actually hated NEM front he start, Utopian guy was an idiot. he was spouting Communism so why as a Libertarian respect or believe in this coin?
Utopian's legacy is irrelevant now. Anyway, it never was about Communism, it was about earning more money personally to him. You just don't know what happened right before NEM's "call for participation". What happened? You can PM me if you want  I would like to know that too. As far as I know CfB had taken a liking to UP and put him under his wing somewhat and he was fairly trusted in the NXT community. And then..... UP busted out and made NEM. hahahaha So there very is possibly something more to the story that maybe only CfB and UP know. "I'm smart, nxt has bad distro and needs leaders, nxt will fail without me, but I'm not a dev, and don't have a big stake. Set me up as a key NXT insider or I'll make NEM serious. Most people missed out on NXT IPO so a NXT reboot with a better distribution will win. You have 24 hours to respond or joke NEM goes serious" nobody responded, the rest is history. For somebody, who you determined he was so "clever", he ended up being prophetic about NXT's outcome without his presence. NXT did fail. It went from $80+ million capitalization (sky's the limits) with six figure volume at the time of UP's departure down to today's $10 million capitalization, practically no volume, dim outlook, numerous alleged inside jobs and a lack of effective leadership. This is a statement of fact. Whether UP's proposed solutions could had made a difference is speculation, not fact, and I prefer not to discuss it unless you have a time machine somewhere. Disclaimer: I am not a NEM developer or even a part of the team. So if you want to write a scathing reply then do it in private messaging. UtopianFuture also hasn't even been here for 10+ months. Otherwise yes NXT did fail without UtopianFuture's presence. This is really footnote / historical information and I don't see why it is relevant on NEM's thread: this isn't NXT and UtopianFuture isn't here. |
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Russel Brand has 8 million followers, most of deranged teenage girls who follow his every beck and call, which is like 30x more people than Bitcoin's userbase.. and he just endorsed startcoin
RIP Bitcoin
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How is Svetlana get beluga if Donetsk communist bandits refusing NxT and stopping all the caravans. Maybe Tatars, if you bring enough shekels to Odessian goat market, can get you beluga but do not ask source.. tatar never reveal source..
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So there aren't a lot of whales? NEM has no whales. Not true. Not true. There hasn't been enough sells at current prices to make that anywhere remotely possible. For somebody to get 5% of NEM (450 million) they would have to send the price skyrocketing. I didn't even mention the NXT AE assets which could have easily produced a couple of monster whales. Wrong thread bud, this ain't NxT's thread. I know CfB, after Svetlana left as he couldn't 'please her' (both sexually and beluga) is temporarily living on NEM's couch (thread) till the divorce proceedings conclude and that is where the confusion is. BTW there wasn't enough NEMstakes sold to create whales (plural). Sure there were, it was being sold for months. Some people were even paying $2,000 a stake for a while! Even if a lot of unique account IDs purchased NEM tokens, nobody knows for sure how many unique individuals hold how many accounts. I've had up to 20 separate wallets for many altcoins before as I am sure many others have as well. No. There wasn't enough sold. Like 700 were requested but only like 300 were sold. The NXT AE at the time showed who had what. Even the most stealthily amasser wouldn't had come close to 5%. You fud with no proof and shift the burden of proof |
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ATM there is some very nice move on polo already jumped from 5K to 6K with 15 BTC volume . GetGems certainly has the potential to be at least like 200x less worth than WhatsApp which is 100M market cap for GetGems and i'm being conservative here, because it has introduced a complete new, working and attractive approach for instant messaging. Imagine if it's a success it gets bought for couple hundred million or something. Magma VC who also invested in GetGems also invested in Waze which got bought by Google for 1B. I think this app has true potential because it's the first in this field with such model combined with the simplicity for the non tech savy, so they should have full confidence and market the hell out of it. My dads friend was here yesterday and i updated the app for him and he saw his referral and had 25 Gems he found it pretty awesome, so he went to 'invite friends' and brought up WhatsApp and just tapped on his contacts to invite them, thats how easy it is. I don't think i have seen any other Crypto related project with this ease to introduce and connect it with others. I've had my fair share of hyping coins I owned in the past but really I feel like Gems is different. Almost all Altcoins apart from Bitcoin basically derive their value from potential future of a coin ie its usage. People are saying alts are dying, I would say its more reality is kicking in as it becomes more and more clear the only real coin that will succeed is Bitcoin (if that does even). Thats why im so critical of coins like NEM cause they are riding nothing more than hype. Its kind of ridiculous that you have vol of 500BTC on exchanges for coins that are supposed to be currencies that most will admit will never be used. So now most successful coins aren't really coins but are 'tokens' that serve some kind of business that ultimately is based on the blockchain. So back to Gems, I see the valuation still based on future usage BUT for once the potential for usage is actually massive and not as unlikely as average alts. I disagree when people say wow Whatsapp was sold for 20 Billion maybe if we had as many users we could have a marketcap as much as that. I disagree cause actually IF just say for example sake we had a user base of nearly a Billion! then the marketcap would be far more than just 20 Billion. Bitcoin only has a few million user base which is relatively tiny but its marketcap is a few billion and has been and will be much more. So just imagine a coin/token with even say 10 million users, it would in theory have a higher marketcap than Bitcoin. For this reason I wish the wider Bitcoin community would get behind Gems as mutually beneficial, Gems is like a gateway drug for Bitcoin in 12 months it could in theory give a few millions people who barely heard of Bitcoin a chance to experience using a bitcoin wallet. So this app could be the best thing that happened to Bitcoin since it was created. I also got to say for the sake of balance if this app only gets 30,000 users and plateaus our around there then we wouldn't get much further than top 20 on Coinmarketcap. This has got to be the most exciting project to watch in crypto cause we can see the progress that no one can argue against on the download counters. Scam salesman much? |
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So there aren't a lot of whales? NEM has no whales. Not true. Not true. There hasn't been enough sells at current prices to make that anywhere remotely possible. For somebody to get 5% of NEM (450 million) they would have to send the price skyrocketing. I didn't even mention the NXT AE assets which could have easily produced a couple of monster whales. Wrong thread bud, this ain't NxT's thread. I know CfB, after Svetlana left as he couldn't 'please her' (both sexually and beluga) is temporarily living on NEM's couch (thread) till the divorce proceedings conclude and that is where the confusion is. BTW there wasn't enough NEMstakes sold to create whales (plural). |
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So it seems this thread suddenly became completely useless. Bummer. Guess I'll just hang out on the NEM forum from now on.
All fanboys who irrationally follow a coin end up on their own forum, they hate reality. Bye! Like your beloved NxT? LOL. |
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I actually hated NEM front he start, Utopian guy was an idiot. he was spouting Communism so why as a Libertarian respect or believe in this coin?
Utopian's legacy is irrelevant now. Anyway, it never was about Communism, it was about earning more money personally to him. You just don't know what happened right before NEM's "call for participation". Maybe so but this coin was raised under the banner of some kind of utopian egalitarian ideals, that's on record. Still this coin is still pushing the idea of an equal distribution, anyone with a brain knows in crypto that is an oxymoron if you only got a few thousand people involved. You seem to confuse the concept of egalitarian and equal distribution with a planetary relief fund. XEM is not a substitution for welfare regimes. XEM was built with intent of powering and securing the NEM platform. XEM was equally distributed and is an egalitarian cryptocurrency. Seriously stop saying the word egalitarian. The distribution of this coin is pretty much the same as any other coin of the last 12 months which has been mainly crowdsales on exchanges. Anyone who wants to buy a lot of coins can do and had the opportunity through NXT assets which tends to be the NXT crowd anyway. Keep saying egalitarian and I will keep calling you stupid. In fact if you want to compare then NEM has by far the worst case of centrally planned pot, so much it would make Ripple blush. So stop talking about fairness and then you wont be judged on it. It is egalitarian and stop mentioning your GEMs' scam on this website. It's hilarious you are trying to pump Gems on this thread when it is known they employed a bait and switch to swindle investors and its' market capitalization continues to drop like a stone (how much does a Lambo cost to ship to Israel?) |
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What I meant was a bit more meta than just evaluating NXT directly. In fact, it's evaluating the evaluation... So someone to criticize Vitalik's paper, either in a good way or bad way is the way to go here. As the community evolves, I hope we will have more of this in the future.
Just saying that unconditional 'trust' is especially bad and goes against the whole concept of decentralized currencies. While Vitalik's opinion might be more informed or relevant than another's, it should still be met with the same criticism as a new opinion.
What happened here is that some people just took their favorite part from the paper and present it as FACT.
Neither Garzik nor Buterin would be able to peer review or submit anything on a cryptography (or anything computer) peer-reviewed academic database. Vitalik's credentials are even worse than Garzik's, Vitalik's call for fame was editing an obscure magazine read by almost no one and only recently became the mascot of a $18 million vaporware consortium. That's crypto for you. Even Andreas Antonopoulos has refused to prove his credentials when demanded to by judges. It'll be a popcorn moment when an investigative journalist finally goes after Andreas Antonopoulos and they find out he was a hotdog vendor or a starbucks employee before becoming Bitcoin's orator. |
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Wait for peer review (at least in the community). There's this weird reverence towards certain individuals in this community from people who don't understand shit. Let the experts evaluate and criticize and withhold your opinion until something reaches some sort of expert consensus.
Everyone now-days in crypto see a fucking PDF paper in academic format and treat it like a fucking bible. Speaking from a scientific background I've seen plenty of beautiful looking papers which 'look' like they got a lot of good stuff to say only to be complete and utter bullshit. Too bad this isn't my field of expertise.
No scientist's paper is worth shit unless its been "peer reviewed", which means a big gang of experts all need to have checked it out and agreed with it before it gets published. Most scientific journals are peer reviewed and all the papers in them have been checked by a gang of experts beforehand. We need more experts to check out NXT. "Experts" don't even look at Bitcoin or it's only been a small handful. Can't really blame them as Bitcoin is very insignificant in the broad picture: only 250,000 users. There's more people with subscriptions to online dating sites than people using Buttcoin |
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So there aren't a lot of whales? NEM has no whales. Not true. Not true. There hasn't been enough sells at current prices to make that anywhere remotely possible. For somebody to get 5% of NEM (450 million) they would have to send the price skyrocketing. |
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I actually hated NEM front he start, Utopian guy was an idiot. he was spouting Communism so why as a Libertarian respect or believe in this coin?
Utopian's legacy is irrelevant now. Anyway, it never was about Communism, it was about earning more money personally to him. You just don't know what happened right before NEM's "call for participation". Maybe so but this coin was raised under the banner of some kind of utopian egalitarian ideals, that's on record. Still this coin is still pushing the idea of an equal distribution, anyone with a brain knows in crypto that is an oxymoron if you only got a few thousand people involved. You seem to confuse the concept of egalitarian and equal distribution with a planetary relief fund. XEM is not a substitution for welfare regimes. XEM was built with intent of powering and securing the NEM platform. XEM was equally distributed and is an egalitarian cryptocurrency. |
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So there aren't a lot of whales? None really. The biggest is like a really big Walrus or Dolphin. Some of them have around 0.005 (half of 1%). Whales in cryptos are usually people who own 0.05 (5%) or more. These are people, since they own so much coin, can crush the price at any moment and can dump and pump all day with ease. NEM has no whales. |
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