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Can anyone post here or pm me the part of the source code which generates the NXT account number from the passphrase?
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I have a NXT deposit pending now for 24 hours. Account id 806. It's just a test amount. Is everything ok? Does it normally take this long...
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the head of Chinas people bank Mr. Zhou invited to a meeting where to discus the risks of bitcoin especially regarding money laundering and consumer protection. the central bank also prohibits any bank or financial institution to offer services regarding bitcoin.
i got it translated from a friend from China
I think the one key point they're hinging on is whether the People's Bank of China is going to try to cut off money from moving into and out of the chinese exchanges. Part of me fears the worst, but if they do then I suppose good riddance for now. If it turns out to be no big deal after all, then sheesh people here have some trigger happy sell fingers. Or people with inside information are selling early. |
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NO - because it is dangerous to change fundamental properties of a coin after its release. That is crypto 101.
You mean like Bitcoin did? |
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Can someone help me. I am doing some private trades for nxt. So far received 3 batches of NXT. However something is concerning me, cos on the NXT block explorer - http://87.230.14.1/nxt/nxt.cgi?action=100 when I check my address 17102374048997504131 it has balance total of 0? So the NXT coins haven't actually gone through to my account? What is going on and should I be worried? - hmmm.. there is 307702 NXT now at 17102374048997504131 address. Strange that blockexplorer doesn't show this.. Some errror. You can check your balance at any public node with query http://nodeaddr:7874/nxt?requestType=getBalance&account=17102374048997504131 . Thank you. That amount is 153,000 too low. Is there a public node I can run that query on? I just want to make sure the NXT transactions cannot be reversed hi mr_random, just looked at your account. the current balance is 1,000,010 NXT. is this number correct? http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=17102374048997504131edit: just checked the logs for orphaned or other issues but all seems ok. please let me know if there are any difficulties. Thank you. Suddenly in the last hour it's all gone through on the block explorer etc. Thanks again for helping I appreciate it. |
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Thanks that works great. However that link does show my account to have unconfirmedBalance:61539400 and effectiveBalance:0  Is that not bad? |
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U have 461'548 NXT on that account right now. Thanks but how can I verify that myself for future transactions? If it's in the blockchain in that blockexplorer with eg 5 confirmations does that my account definitely has it? Cos the block explorer says balance 0 BUT shows 450k nxt going into the account. (i'm having client problems on my local machine currently so I can't rely on that today) Thank you U have to solve the client problems. Fair enough but does that mean the blockexplorer is not reliable? I always check my transactions in blockexplorers anyway to double check. Cos the block explorer says balance 0 for my account - that to me is worrying. |
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U have 461'548 NXT on that account right now. Thanks but how can I verify that myself for future transactions? If it's in the blockchain in that blockexplorer with eg 5 confirmations does that my account definitely has it? Cos the block explorer says balance 0 BUT shows 450k nxt going into the account. (i'm having client problems on my local machine currently so I can't rely on that today) Thank you |
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Can someone help me. I am doing some private trades for nxt. So far received 3 batches of NXT. However something is concerning me, cos on the NXT block explorer - http://87.230.14.1/nxt/nxt.cgi?action=100 when I check my address 17102374048997504131 it has balance total of 0? So the NXT coins haven't actually gone through to my account? What is going on and should I be worried? - hmmm.. there is 307702 NXT now at 17102374048997504131 address. Strange that blockexplorer doesn't show this.. Some errror. You can check your balance at any public node with query http://nodeaddr:7874/nxt?requestType=getBalance&account=17102374048997504131 . Thank you. That amount is 153,000 too low. Is there a public node I can run that query on? I just want to make sure the NXT transactions cannot be reversed |
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Can someone help me. I am doing some private trades for nxt. So far received 3 batches of NXT. However something is concerning me, cos on the NXT block explorer - http://87.230.14.1/nxt/nxt.cgi?action=100 when I check my address 17102374048997504131 it has balance total of 0? So the NXT coins haven't actually gone through to my account? What is going on and should I be worried? |
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I was suspicious but this is where the risk/reward element comes into play.
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I would like to buy 1M Nxt. I'm online for the next few hours, anyone who is interested please let me know.
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Yes it is possible at this point. The dev has been pretty active on the forum but under a pseudonym, so not a big reputation backing it. Additionally the source code is closed at this point so no security audits are possible.
I'm not suggesting it is likely that it is a scam, but it is possible.
I'm surprised more people aren't being cautious or discussing this possibility. |
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This is just a theory, not fact.
The main attractive feature of NXT is it's decentralised peer to peer features exchange. Which apparently will come in january. The rest of the coin is a 100% premine based on proof of stake.
What if the exchange never appears? And he just pumped that up so he could sell 100 million of his coins for 6 bitcoin per million. Then he just disappears in january and the price plummets?
What do people think, is this far fetched or possible? Seen a lot of scams in this community...
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eMunie promise of keeping its value stable is not credible because they don't have the ability and means to do do. Since when people selling eMu en mass, they have to have a huge reserve of dollar to back the money up otherwise its price against dollar will have to fall. They won't be able to do that. When people decide to sell eMunie on mass all creation of new coins stops right away. Also the foundation will be backed up by several million dollars to do some initial regulation to stabilize the price in the first weeks. It has to be understood that in any market price has always been acting as a necessary signal to guide the behavior of the market participants. For example: with bitcoin market if you are holding 100 bitcoin, when the price of bitcoin raising you would be inclined to sell them to more willing buyer, but when the price falls by half, you may decide to keep them all since you evaluate that the potential of the bitcoin is higher than the bitcoin's price right now. All bitcoin market participants follow the same process using the current price as signal as if they are many ships and liners following the lighthouse to reach the shore The true price is discovered organically.
Now you don't have the price signal here so the price of eMunie is artificially kept up. This is going to be a mess Of course you have the price signal. The fiat/emunie exchange is buildin into the system, and the system can react accordingly to stabilize the price while keeping up with demand. Well, let's how it going to turn out. I am not going to comment more since it is a NXT thread. I am going to buy a bit of eMu to be able to witness the unfolding first hand. All I am saying is that you are not going to be able to keep the value of the money stable. That's an empty promise. It is good to experiment though since it does not cost that much to fix the software later on. Yah the currency swings in crypto are too wild to control. emunie has cool parts to it but some of it is a dud. the devs should keep the cool bits and scrap the stuff like trying to keep the value of the money stable... that is just going to confuse the common person and look scammy. And I don't think it's going to work. Either the price will crash or the price will soar. |
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I've been reading through the original bitcoin talk thread announcing NXT. As far as I can tell, fundraising was initially announced to be open until the coin launched on Jan 3, but then BCNext closed it without any warning about six weeks earlier than that date after he got 20 BTC ( https://bitcointalk.org/index.php?topic=303898.msg3620732#msg3620732) from only 71 stakeholders even though here he said he wanted at least 250 ( https://bitcointalk.org/index.php?topic=303898.300). I still haven't seen an explanation of why he closed the fundraising so early with so few stakeholders. I'm sure more people would have invested if the window stayed open and that would have reduced the concentration. Does anyone know why this was done? It seems like it would have benefited the coin to keep the fundraising open longer. Yeah this annoyed me as I wanted to invest. I was also talking to BCNext about a project - creating an exchange and he suddenly disappeared. We agreed and I started working on it and he disappears a couple of weeks later and shuts down the funding. Someone will clone this and get it done right, this has been handled like a shambles. |
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Hmm... the highest bid on dgex right now is 0.00000266BTC. That equates to 1 Million NXT for 2.6BTC.
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I have a Bitcoin withdrawal that never got sent.
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