Except for a few "small" FACTS such as the one that the Mark Cuban game token ICO was carried on the WAVES network (not a small feat considering the sheer volume of transactions from people wanting in the ICO). NXT hasn't carried ANY ICO at all so the reliability of the network, not to mention it's security, is untested. There are other "minor" (sarcasm) differences too... chief among others the fact that it is a real project and not a scheme to keep  on giving birth to extensions, "children", updates, soft-forks conceived with the SOLE PURPOSE of making loads of money for their CENTRALIZED, FOR-PROFIT "team" while using the converts -like you- to maintain the network in exchange for crumbs.

Perhaps that explains why, even counting the outright -and self-confessed- shit coins, every project in the scene has gone like 10+ times higher in recent months... except for NXT/ARDR, which remains grossly overpriced even without any real money inflows.

I have not read the word "scam" associated with this project in ages, so I don't know what you are talking about in that regard.

Scheme is a different word with a very different meaning. And the creation of ARDOR is just that, an scheme to bring more value to the project for no reason whatsoever. Perhaps the implementation of NXT 2.0 would have had the exact same effect, no one will ever know. But the problem here is actually 2: The first one, from the start, the uneven distribution of the coin, something that has and will taint the project forever. The second one is yet another scheme consisting nothing less than in getting the supporters of the decentralized network (Next 1.0) to engage and support Next 2.0, which is CENTRALIZED and private. Is that an scam? you be the judge. It is indeed a very smart scheme to take NXT holders to the cleaners (or pay them exceptionally little) for making it all possible.

Another thing: NXT 1.0 is very inferior to other projects already successfully implemented and many on way to implimentation. Nxt 2.0 will take care of some -not all- of those deficiencies, but playing catch up, not leadership.

For all the above mentioned reasons, the current valuation of NXT/ARDR is as absurdly high as it can be.... especially considering the upcoming first baby (err, sorry, "child", IGNIS) which, again, is a centralized, totally private property entirely supported and made possible by the current network of NXT holders (and future holders of ARDOR). But since the entire alt-world has gone bananes valuation-wise of late, who's counting, right? As long as someone, especially if it is someone "legendary" in BT, says things like "most advanced" (blatant lie) or "undervalued".

Surreal.

Hi all,

The IGNIS distribution model looks like a scam against investors and the NXT subreddit looks like to be full of pumper and dumpers, and haters in general. The whole situation is very sad.

Long story short, NXT developers knew in advance both IGNIS and ARDOR distributions models, which are based on NXT holdings in a period of developers choice, and could have exploited heavily this knowledge by buying NXT before the public could even know about any IGNIS distribution detail (developer's discussions are not public), and then profiting on the pump which came after the announcement. The NXT price chart indeed reflects the most typical pump-and-dump scheme, where after the ARDOR and IGNIS announcements have been made, a 10X increase happens, for then fading out quickly, with dumpers dumping on investors. Moreover, there are not third parties checking NXT developers statements, and it is not clear if the release of IGNIS (or ARDOR for the matter) was necessary. They are justified for "introducing new features", but for the majority of cryptos new features are introduced with soft forks, rather than duplicating coins (chart: https://poloniex.com/exchange#btc_nxt).

I am trying to make my concerns heard on the NXT subreddit (https://www.reddit.com/r/NXT/comments/6hazwj/serious_concern_about_devs_credibility/ and https://www.reddit.com/r/NXT/comments/6gzedp/scamshots/) but I keep getting accused of spreading FUD and they keep reassuring me that developers did not do anything bad. I do not have evidence of any wrongdoing, but the crypto space is full of scammers and being skeptical is very healthy. Moreover, the subreddit is full of "buy buy buy" people.

The whole situation should be clarified for creating a safer crypto environment.

I need help.

NXT is downing. How do you think ?

NXT around longer than ETH. NXT does more than ETH. Nobody buys NXT for years while ETH goes to billions.

Can someone provide a summary of the mistakes NXT has made and whether or not this is ever going to be a legitimate platform. I noticed that NXT only has 1 asset that is worthy anything material, how is this not a bad sign for the platform?

why nxt is going up?

Well, this summer, if everything goes well, I expect Factom to double its current price. This would be bare MINIMUM where this coin should be since it s price should be around $100, IMHO.

Yea but a 70 million swing is still pretty big for this size of coin. We will see how this plays out. Still a very valuable project though.

Whats with the huge fluctuation in prices? I want to invest in this project cause it looks very interesting but the volatility (even for a coin this size) scares me. Must be huge bag holders who are playing with the price.

I mean a 70 million dollar drop overnight?

hi there factom community could you help me please i try to withdrawal my factom from poloniex to my bittrex account. my first withdrawal is complete and has been credited but not for my second withdrawal. heres the proof



factom address : https://explorer.factom.org/address/FA2YUgTb4jjrpWEQCCVptyXbD2XYoYHzN6W1DPRwoGRZyLDyAj2v
txid : 79a9bef5abd215651518935a17d0e4851da38e081e8577893b4d4d539b394824

what should i do now? this is bug? whres my 107 factoms??

thanks a lot factom community

regars,
sonic

Little correction end, time to buy  Factom will be in top 10 coins soon 

This is bit worrying - can anyone got reasonable explanation for this fact ?
40% of DGB in top 10 wallets ?

Finally polo trollbox has been disabled, so no one will post fake news about DGB there sucking innocent people into this relatively good, but a lot overpriced token.