wtb NXT

[lightsofray]

Wtb .25btc worth of NXT
Looking for a fair offer.
Also trying to figure out how the mining of it works with pos.
Does my .25btc worth of NXT just grow because I own it or do I need to do something?
Thanks

[bob131313]

mining
As I understand it. 1,000,000,000 coins exist atm, these were divided among the initial people that sent btc to btcnext.
Mining is Proof of Stake with % of blocks you mining being based off of # of coins in your wallet. POS doesn't generate coins, you only get the fee's.

[bybitcoin]

Update: here is the main trading thread for Nxt : https://bitcointalk.org/index.php?topic=345336.0
You may put your desired bid or ask price there to be included. Someone may match it and contact you for a deal!
There will probably be some escrow help soon as well

[lightsofray]

Cool
I am definitely interested in buying but 250k for .25 seems a tad steep, no? That gives NXT a 1000btc market cap ... nearly a million dollars
I dont mind sending first but can I get a better deal?
Also so does this mean I can mine like regular too? I guess im still a hair confused.

[Sharky444]

You will not get a better deal. Most people are holding their Nxt in order to mine blocks. Next has launched only yesterday, so the value will increase over the next days/weeks. There should also be a mining pool in the next weeks. Keep in mind that no more Nxt will be ever generated. The block reward is transaction fees, not "new" Nxt.