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Author Topic: Nxt holding tightly.  (Read 1708 times)
Sonny91BE (OP)
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May 03, 2015, 07:41:06 AM
 #1

Alright. I spot coins everyday like many other people on this forum. One of the things I notice is that Nxt is among the few coins that holds on tight in the list. Many came and even more have gone but yuet again Nxt keeps in there slowly growing. The transaction on the network keep increasing, however the general market cap is not inreasing ( many know, this is not the right indicator to base on ). I personally invested some of my crypto portfolio in Nxt as I believe it will do very well. Considering all the tech developments they are putting out and the fact that the coin hasn't marketed properly YET. If they do, I think the potential will become clear and the confusion will disapear and Nxt can have a good crypto future ahead. It's a new world which is vastly growing as we all know, even for Bitcoin it's hard to get in, so a lot can happen ! But I got a good bet set on Nxt.

Anyone else here that has noticed the same trend as I did ? If you go to nxtblocks.info it shows clearly on there in the 'chart's section.
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May 03, 2015, 07:45:02 AM
 #2

Hi.  This is off topic but bear with me.  How much total funding did NXT get from the IPO?  I'm trying to compile a list here https://bitcointalk.org/index.php?topic=1045967.0

R


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May 03, 2015, 08:06:24 AM
 #3

Hi.  This is off topic but bear with me.  How much total funding did NXT get from the IPO?  I'm trying to compile a list here https://bitcointalk.org/index.php?topic=1045967.0
21btc $5040 in todays money

jertsy
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May 03, 2015, 10:55:19 AM
 #4

Hi.  This is off topic but bear with me.  How much total funding did NXT get from the IPO?  I'm trying to compile a list here https://bitcointalk.org/index.php?topic=1045967.0
21btc $5040 in todays money

The IPO announcement thread is here.

https://bitcointalk.org/index.php?topic=303898.0

This is the IPO Bitcoin address from it.

https://blockchain.info/address/1BCN1ugdKdWd9pQ8Am9hMhtHZfmbXzxE8a

It says Total Received   22.01422203 BTC, but a few people sent money to it after the IPO was over. In fact the last deposit was last September.
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May 03, 2015, 12:04:02 PM
 #5

Anyone else here that has noticed the same trend as I did ? If you go to nxtblocks.info it shows clearly on there in the 'chart's section.

Yes, a lot people here noticed the same trend. IMO the reasons behind this relative steady growth are the following few things:
- developers are actually developing new stuff
- technologically nxt is one of the most advanced coins
- the nxt community is strong and enthusiastic
- the nxt whales have enough funds and determination to break any P&D attempts
d5000
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May 03, 2015, 02:06:58 PM
 #6

I think a important factor is that Nxt is actually being used, above all as a platform for assets.

On the other hand, the "weakness" of Nxt is its relative small acceptance by merchants in electronic commerce. But this should improve once the client is more "stable" (regarding that there should be less mandatory upgrades per year).

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Daedelus
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May 03, 2015, 02:31:24 PM
 #7

I think a important factor is that Nxt is actually being used, above all as a platform for assets.

On the other hand, the "weakness" of Nxt is its relative small acceptance by merchants in electronic commerce. But this should improve once the client is more "stable" (regarding that there should be less mandatory upgrades per year).


Services like shapeshift.io API allow businesses to take any crypto, if they accept BTC. Though I don't think merchant commerce will be the first growth spurt for crypto.

The updates will continue I'm afraid. Nxt is pumping out new tech at a rate that most people can't keep up. These are the planned features:




I haven't counted but I don't think we are even a third of the way through the planned features yet. See: https://bitcointalk.org/index.php?topic=831202.0 for development updates
d5000
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May 03, 2015, 05:31:26 PM
 #8

Yes, I know that there are many planned features still. That's a virtue and also a problem for the Nxt ecosystem.

Perhaps there is a possibility to realize some of these technologies in the form of plugins? Or even to divide the code into a "NXT Core" with only basic functionality (those needed for the protocol to work and to create a basic wallet) and realize all advanced functions as plugins or in form of an "advanced" client?

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Este Nuno
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May 03, 2015, 05:35:27 PM
 #9

Yes, I know that there are many planned features still. That's a virtue and also a problem for the Nxt ecosystem.

Perhaps there is a possibility to realize some of these technologies in the form of plugins? Or even to divide the code into a "NXT Core" with only basic functionality (those needed for the protocol to work and to create a basic wallet) and realize all advanced functions as plugins or in form of an "advanced" client?

In a way that's kind of what SuperNET is doing.

Also, there is the Jay framework: http://jnxt.org/jay/
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May 03, 2015, 07:12:14 PM
 #10


In a way that's kind of what SuperNET is doing.

Also, there is the Jay framework: http://jnxt.org/jay/

Thanks, I didn't know Jay. If it is safe/stable enough for merchants, it can be a good solution for them.

SuperNET is a bit off my radar and it surprises me that you mention it, as I thought it was a pretty heavy solution. Must take a read about it.

Anyway, I would really like to see a minimalistic Nxt command line client with only the core features Wink

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May 03, 2015, 10:33:25 PM
 #11

Anyway, I would really like to see a minimalistic Nxt command line client with only the core features Wink

I vaguely recall this being discussed. I think there wil be a 'simple' and 'advanced' view in v1.5.0. I'll try and find something more concrete. Not quite command line but you could make ur own wallet with Jay if you wanted  Grin
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May 04, 2015, 01:03:24 AM
 #12

Hi.  This is off topic but bear with me.  How much total funding did NXT get from the IPO?  I'm trying to compile a list here https://bitcointalk.org/index.php?topic=1045967.0
21btc $5040 in todays money

The IPO announcement thread is here.

https://bitcointalk.org/index.php?topic=303898.0

Ya man, the Nxt ANN thread should be required reading for any crypto speculator.

It has all the ingredients for spotting a long shot winner:

(a)  an original design with useful features

(b)  an elite Dev who thinks outside the box

(c)  totally off the radar and ignored by Twitter Pimps

(d)  well known Hero Members that drop by and are impressed

(e)  the usual pipsqueaks shouting "scam"

In the case of NXT it paid off about 2000:1 within 6 months...
And I'm sure there are quality long shot projects out there today.
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May 04, 2015, 01:18:28 AM
 #13

thoughts on how ethereum might be able to take it out with its marketing budget?
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May 04, 2015, 03:46:12 AM
 #14

NXT has one of the biggest alternate trading markets outside of BTC. The NXT AE is growing exponentially and the volume continues to increase. No other altcoin has such a high volume market like NXT.

there is also mynxt.info which is a block explorer and online wallet (with plugins).
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May 04, 2015, 03:51:06 AM
 #15

NXT has one of the biggest alternate trading markets outside of BTC. The NXT AE is growing exponentially and the volume continues to increase. No other altcoin has such a high volume market like NXT.

there is also mynxt.info which is a block explorer and online wallet (with plugins).

how can one verify such a claim of the NXT AE growing "exponentially"? is there a chart somewhere?
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May 04, 2015, 10:11:24 AM
 #16


In a way that's kind of what SuperNET is doing.

Also, there is the Jay framework: http://jnxt.org/jay/

Thanks, I didn't know Jay. If it is safe/stable enough for merchants, it can be a good solution for them.

SuperNET is a bit off my radar and it surprises me that you mention it, as I thought it was a pretty heavy solution. Must take a read about it.

Anyway, I would really like to see a minimalistic Nxt command line client with only the core features Wink


I meant more like SuperNET is the advanced client with all the plugins, not as a lightweight client. Although Jay is part of SuperNET, and there are two different presentations of the SuperNET: a standard easy to use mode, and an advanced mode with access to everything. I wouldn't call the SuperNET client itself lightweight though as it is built on top of NXT NRS.
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May 04, 2015, 10:31:08 AM
 #17

NXT has one of the biggest alternate trading markets outside of BTC. The NXT AE is growing exponentially and the volume continues to increase. No other altcoin has such a high volume market like NXT.

there is also mynxt.info which is a block explorer and online wallet (with plugins).

how can one verify such a claim of the NXT AE growing "exponentially"? is there a chart somewhere?

http://nxtreporting.com/stats.php

I would not call it exponential but the growth is steady

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May 04, 2015, 10:47:12 PM
 #18

Yes, I know that there are many planned features still. That's a virtue and also a problem for the Nxt ecosystem.

Perhaps there is a possibility to realize some of these technologies in the form of plugins? Or even to divide the code into a "NXT Core" with only basic functionality (those needed for the protocol to work and to create a basic wallet) and realize all advanced functions as plugins or in form of an "advanced" client?

Plug-ins are coming.....:
https://nxtforum.org/nxt-plugins/

Nulli Dei, nulli Reges, solum NXT
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www.nxter.org  www.nxtfoundation.org
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May 05, 2015, 06:57:14 AM
 #19

Alright. I spot coins everyday like many other people on this forum. One of the things I notice is that Nxt is among the few coins that holds on tight in the list. Many came and even more have gone but yuet again Nxt keeps in there slowly growing. The transaction on the network keep increasing, however the general market cap is not inreasing ( many know, this is not the right indicator to base on ). I personally invested some of my crypto portfolio in Nxt as I believe it will do very well. Considering all the tech developments they are putting out and the fact that the coin hasn't marketed properly YET. If they do, I think the potential will become clear and the confusion will disapear and Nxt can have a good crypto future ahead. It's a new world which is vastly growing as we all know, even for Bitcoin it's hard to get in, so a lot can happen ! But I got a good bet set on Nxt.

Anyone else here that has noticed the same trend as I did ? If you go to nxtblocks.info it shows clearly on there in the 'chart's section.



NXT is a good coin but from 90 million USD marketcap to 9 million USD isn't holding on tightly, that is just plain sinking, and it continues to go down.

That isn't exactly NXT's fault.  All of altcoins have taken a hit.

But if BTC every booms again, NXT will probably go back up, so maybe a good time to buy.

Go here and look at NXT price is USD.  You can see at its peak it was around 0.10 USD and now is 0.01 USD.  http://nxtreporting.com/stats.php?l=detail (click on "NXT price is USD")
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May 05, 2015, 07:02:10 AM
 #20


In a way that's kind of what SuperNET is doing.

Also, there is the Jay framework: http://jnxt.org/jay/

Thanks, I didn't know Jay. If it is safe/stable enough for merchants, it can be a good solution for them.

SuperNET is a bit off my radar and it surprises me that you mention it, as I thought it was a pretty heavy solution. Must take a read about it.

Anyway, I would really like to see a minimalistic Nxt command line client with only the core features Wink


I would stay away from Supernet.  It has like 25 parts and 20 of them are vaporware, and of the 5 that do work, none particularly work well. 

But there is solid development going on within the NXT core. 
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