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Question: How long from now do you estimate NXT will reach $1 Billion Marketcap?
<1 Year - 4 (8%)
2 years - 7 (14%)
3 years - 6 (12%)
4 years - 2 (4%)
5 years - 2 (4%)
5-10 years - 2 (4%)
never - 27 (54%)
Total Voters: 50

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Author Topic: How long before NXT reaches $1 from now?  (Read 1844 times)
nzminer (OP)
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April 30, 2015, 05:47:52 AM
 #1

My guess is within 3 years

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April 30, 2015, 05:51:11 AM
 #2

The title says a dollar, poll question says a billion market cap.

Edit: There are a billion NXT, so it would be the same thing. Duh me.

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April 30, 2015, 05:52:52 AM
 #3

We dont need this type of threads I think.
People go and invest, expect growth, panic sell, destabilize market.
Unless you are panic selling, that is.

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April 30, 2015, 05:53:10 AM
 #4

How much is it today?

R


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nzminer (OP)
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April 30, 2015, 05:56:12 AM
 #5

The title says a dollar, poll question says a billion market cap.

Edit: There are a billion NXT, so it would be the same thing. Duh me.
I did that as i thought some smart people may think that $1 was referring to marketcap, so i reworded the poll question. lol

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April 30, 2015, 05:56:45 AM
 #6

How much is it today?
Just under 1 cent and couldnt be a better time to buy!  Grin

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April 30, 2015, 05:58:52 AM
 #7

Once people come to the realization that everything else is centralized, corporatist garbage.

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April 30, 2015, 06:01:07 AM
 #8

I think the ppl, who speculate NXT, just care the price movement. As an investor, they will calmly wait for it!

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April 30, 2015, 06:04:03 AM
 #9

How much is it today?
Just under 1 cent and couldnt be a better time to buy!  Grin

Hard to say when.  I mean seriously...

R


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April 30, 2015, 08:21:22 AM
 #10

UHHHHH, HOW LONG BEFORE 1,000 USD.

That's only 1 trillion in market cap!

Should we also try to speculate on when Bitcoin hits that rumored 10k? 100k?

How about when Ethereum comes out?


Honestly, I think the space is gonna have some pretty huge hurdles to overcome and will likely have interest sparked by another economic catastrophe.

So sit back, boys. We're in for a long haul regardless of what project you like.
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April 30, 2015, 08:27:41 AM
 #11

I'd say considering that NXT holds on pretty tightly while a lot of other coins pop up in the top and get dumped afterwards when looking at the long term prospectus, NXT could definitely go to 1$. However there is a long way to go and so is there for BTC. However I'll have to say I think that NXT will rise to the top due to the amazing features, developments and community and a 0.1$ USD will be achievable this year atleast !

When I read about NXT, I always read about the distribution issue.. It's old and isn't very much valid anymore .. So the only people that keep getting it up are people affraid of it if you ask my opinion .. Trolls promoting their own coins and bs like that. Just take a look yourself if you are really interested and don't just believe a writen down comment on the internet.

My year view is bullish for NXT and my longterm view is even more bullish, that being said, I invested some of my BTC into NXT and I'll be holding that and meanwhile trying to be of a good service in the community of NXT !
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April 30, 2015, 10:01:16 AM
 #12

How much is it today?
Just under 1 cent and couldnt be a better time to buy!  Grin

Hard to say when.  I mean seriously...

I think it's at its lowest price since its ATH, but I'm wondering if it could go lower.
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April 30, 2015, 12:21:46 PM
 #13

Nxt price is still much coupled to Btc's price, like most other alts, when Btc goes down or up Nxt follows too. On the other hand it has been steady among first 10 crypto and has an incredible pace of development. The asset exchange is one of the best features and there are a lot of assets but this seems to have had little effect on price. I believe things could change when the SuperNET goes live, Nxt is one of the core coins and I expect that its price will begin to decouple from Btc.

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April 30, 2015, 02:56:06 PM
 #14

whats a scenario if a coin were to decouple from btc?
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April 30, 2015, 05:33:45 PM
 #15

If cryptocurrency is going to be a factor in the financial future of the world then NXT probably has the best chance of breaking a billion dollar cap.

Even if cryptocurrency itself fizzles out then NXT still has a chance at growth since the platform itself adds value, and the currency is just one element of that whole.
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May 01, 2015, 09:15:19 AM
 #16

UHHHHH, HOW LONG BEFORE 1,000 USD.

That's only 1 trillion in market cap!

Should we also try to speculate on when Bitcoin hits that rumored 10k? 100k?

How about when Ethereum comes out?


Honestly, I think the space is gonna have some pretty huge hurdles to overcome and will likely have interest sparked by another economic catastrophe.

So sit back, boys. We're in for a long haul regardless of what project you like.

I tend to agree the last 12 months has been terrible for crypto.
Look at BTC, i think alot of the price was influenced by hype, hopefully alot of crapcoins will die off.
Im in it for the long term and dont really care when NXT will hit $1, all i know is its capable of exceeding $1 easily, whether its 5 years or 10 years or more away, it will happen.

HODL, dont expect to get rich overnight.

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May 01, 2015, 09:20:27 AM
 #17

The majority think it will never happen.  This is good news.  The majority is always wrong.

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May 01, 2015, 09:29:22 AM
 #18

whats a scenario if a coin were to decouple from btc?
The coin has the same role as Bitcoin in crytp world. It has good features and  accepted by most of the cryto believers. Another possible is that bitcoin is dead (It wouldn't be possible IMO just my delusion). 
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May 01, 2015, 09:39:51 AM
 #19

whats a scenario if a coin were to decouple from btc?
The coin has the same role as Bitcoin in crytp world. It has good features and  accepted by most of the cryto believers. Another possible is that bitcoin is dead (It wouldn't be possible IMO just my delusion). 
I am not so confident on bitcoins future personally.
Who knows if something else will surpass blockchain technology either?
Cryptocurrency is still in its infancy.

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May 01, 2015, 03:01:11 PM
Last edit: May 01, 2015, 03:14:36 PM by Lorenzo
 #20

NXT already reached a $100+ million market cap twice before and both peaks occurred 6 months apart and during a long term bear market for cryptos. Whether or not NXT reaches $1 per coin would depend a lot on the BTC price since the prices of altcoins usually follow the BTC price as it rises and falls. A $1 billion market cap for NXT sounds like a very optimistic prediction, but if Bitcoin's market cap is $50+ billion then it's not unrealistic for the second, third, fourth, and fifth largest cryptos to have market caps over $1 billion. Whether or not NXT will be one of these coins is unknown, but out of all the altcoins out there, NXT is probably one of the more promising ones. It's technology and features are innovative and it has one of the most developed ecosystems of any 2.0 coin due to its asset exchange which has more users than any other competing platform.

So to answer your question, I think Bitcoin's price would need to rise again before we see any altcoin with a $1+ billion market cap. So far, Litecoin was the only altcoin that was able to reach a $1+ billion market cap (Auroracoin doesn't count) and it took a massive spike in the BTC price for this to happen.

How much is it today?

It's been hovering around 1 cent for a while now. According to CMC, the latest price is $0.009341 so it's slightly under that now:

http://coinmarketcap.com/currencies/nxt/

Nxt price is still much coupled to Btc's price, like most other alts, when Btc goes down or up Nxt follows too. On the other hand it has been steady among first 10 crypto and has an incredible pace of development. The asset exchange is one of the best features and there are a lot of assets but this seems to have had little effect on price. I believe things could change when the SuperNET goes live, Nxt is one of the core coins and I expect that its price will begin to decouple from Btc.

NXT is currently falling a little bit faster than Bitcoin. Just recently the price slipped under 4,000 satoshis for the first time. However, most altcoins have been losing value even faster than NXT so it actually managed to climb up the rankings despite this.

whats a scenario if a coin were to decouple from btc?

Decoupling means that the price would no longer be determined by Bitcoin's price. Litcoin's value decoupled with Bitcoin when it began to lose value much faster than Bitcoin did. A coin can also decouple if it becomes big enough that it becomes independent of BTC. If NXT were decoupled from BTC, it would mean that NXT's price fluctuates independently from that of BTC's.
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