Nxt and the rise to the top.

[bonipper]

Anyone here that feels the SAME and has something to add to this lack of marketing ?

Its more to do with real world use or rather a lack of it. Its a great product but not something which is necessary at present.. The value you see now is purely speculative and there is not much need to have more than BTC as a speculative token.

It starting increasing in price as bitcoin stabilized, but it seems to be decreasing in price again since bitcoin started decreasing in price. All the marketing in the world won't help it increase in price if bitcoin starts crashing really heavily. I don't think it can rally until bitcoin starts really rallying, marketing or no marketing.

[cryptonikus]

Isnt NXT price decline solely by selling pressure from original whales? All that needs to happen is them stop selling. NXT has tech, projects, community, there is no reason to be declining. Everytime there was some big news or new feature, there was always dip in price, because whales where trying to cash out on big volumes. Coins have to change hands, than price will go up.

[HCLivess]

NXT is crashing because people are slowly discovering that whatever value proposition NXt had can also be implemented by Bitcoin. There is no purpose for NXT to exist, thus there is no one holding it.

CAN be? You are not serious. More like all the features that "could be" implemented by bitcoin are already implemented by NXT.

Try NXT -> find bitcoin useless

[tyz]

if the sold NXT of the whales get a better distribution after the sale than the sales are good thing for the price mid and long term. Sure, it means a sell preasure and price decline short term, but we should think long term.

Isnt NXT price decline solely by selling pressure from original whales? All that needs to happen is them stop selling. NXT has tech, projects, community, there is no reason to be declining. Everytime there was some big news or new feature, there was always dip in price, because whales where trying to cash out on big volumes. Coins have to change hands, than price will go up.

[TaunSew]

The last rebound / hurrah we saw in NXT was the result of John (the marketing guy) lying about NXT being added to CoinBase.  So outside of the initial floor manipulation with Dgex and John's deceit campaign, has there ever been any reason for NXT to have a 8 figure capitalization?  Probably not.

If there are really only 1150 addresses with more than 10,000 NXT then user adoption, even by crypto world standards, has been a major failure over the past 1.8 years.  This is contrasted with NXT's capitalization being a moderate success, despite the lack of adoption.

 There are many crypto currencies with a bigger and better distribution.   It's indicative that nobody really wants NXT or, alternatively, they've read about the distribution, security incidents and technical issues and they're discouraged from adopting it.  

[HCLivess]

The price seems to be on one long downward trend. Doesn't make sense.

Yes, that's pretty odd. NXT getting more and more features, more and more value/investment but it still in downtrend. I guess it's happening because of it's pegged to BTC and BTC is also bearish.

Altcoins usually tend to follow Bitcoin's price trend but in a much more exaggerated manner (since they signify more risk). Litecoin is another example of a coin that lost value a lot more than Bitcoin. Also remember that NXT experienced two bubbles/spikes in 2014 - the first one happened at around the beginning of the year and the second one happened at around June when the price shot up to over 10 cents. Usually these types of bubbles aren't sustainable, and so you would expect to see the price decline from the ATH. The exact same thing happened to BitShares and Darkcoin too.

The price of NXT has slumped and being dumped to 1/3 it's recent highs a few months ago. FACT. Yes, to every metric, the platform is as successful as it can be given the time span, and growing significantly: The definition of success... what's wrong with this picture? The ghost of the initial distribution, of course, is a clear influence -and, no doubt, the source of the dumping, elaborate but relentless- but, mostly, that NEXT is an intimidating, enormously complex project/platform. One would have to study it, through the tens of thousands of sources available, for YEARS to really get an understanding of what it is, what it does, what it can do, who is doing it and how the whole thing works and, supposedly, will continue to work. All without any single responsible (legally) institutions or real names behind it. Needless to say it, all of this is scary enough to have most people in crypto -and absolutely everyone outside of crypto- not wanting to touch it with a ten feet pole.

I find it intuitive. I had no issues getting into it. Cant say the same thing about Microsoft applications...

[Daedelus]

The last rebound / hurrah we saw in NXT was the result of John (the marketing guy) lying about NXT being added to CoinBase.  So outside of the initial floor manipulation with Dgex and John's deceit campaign, has there ever been any reason for NXT to have a 8 figure capitalization?  Probably not.

If there are really only 1150 addresses with more than 10,000 NXT then user adoption, even by crypto world standards, has been a major failure over the past 1.8 years.  This is contrasted with NXT's capitalization being a moderate success, despite the lack of adoption.

 There are many crypto currencies with a bigger and better distribution.   It's indicative that nobody really wants NXT or, alternatively, they've read about the distribution, security incidents and technical issues and they're discouraged from adopting it.  

What are the equivalent stats for the rest of the persistent crytpos (been around a while and performed well enough to maintain their place in the market)?

Judging coins against themselves seems a pointless exercise to me, let alone trying to draw conclusions from it. Any judging should be done against their peers/competitors and the . How many addresses have x% in Dash etc? How have other coins that once had 8 figure capitalisations faired over the same timeframe? Etc etc etc.


p.s. Polish some of your claims about Nxt and we might have a discussion on our hands. This is the furthest I have ever seen you from baseless narrative I'm going to lie down..

[EvilDave]

Come on TS, you can do better than this....my replies are in blue.

The last rebound / hurrah we saw in NXT was the result of John (the marketing guy) lying about NXT being added to CoinBase.  So outside of the initial floor manipulation with Dgex and John's deceit campaign, has there ever been any reason for NXT to have a 8 figure capitalization?  Probably not.
John M. wasn't lying about the Coinbase GoCoin adoption. We had a solid commitment from CoinBase GoCoin themselves to list NXT.
Otherwise, why would Johns announcement of the Coinbase GoCoin listing have had any effect at all ?
CoinBase GoCoin would have simply denied the announcement the next day if it wasn't true.
As it was, CB GC kept on delaying NXT implementation until it became obvious that they wouldn't meet their commitment.
It sucked, tbh, but it wasn't Johns fault.

If there are really only 1150 addresses with more than 10,000 NXT then user adoption, even by crypto world standards, has been a major failure over the past 1.8 years.  This is contrasted with NXT's capitalization being a moderate success, despite the lack of adoption.
Or, we now have 1150 people who are seriously committed to their NXT investment, plus a completely unknown number of investors/speculators/traders keeping their NXT investment on exchanges. Could be worse.

 There are many crypto currencies with a bigger and better distribution.   It's indicative that nobody really wants NXT or, alternatively, they've read about the distribution, security incidents and technical issues and they're discouraged from adopting it.  
NXTs distribution has been discussed a thousand times before, and right now, I'd say that after 18 months it's no longer relevant: we've seen several massive dumps into NXT markets, and NXT is still holding position in the top 10. Someone seems to want it.....
As for security incidents: there haven't been any. The NXT software and blockchain has run smoothly for 18 months with no security breaches. There have been thefts of NXT from exchanges, but that's been due to lousy security from the exchanges, not any fault of NXT itself.
Technical issues ? Everything works, TS, and pretty much always has. The Nxt devs have always been completely on the ball, and any bugs/issues get stomped on quickly.
The NXT network has been attacked many times, and has not been compromised yet. (Though the attack from Destroyer did halt tx processing for a couple of hours)

EDIT: Corrected stupid mistake: for 'CoinBase', read 'GoCoin'

[TaunSew]

Come on TS, you can do better than this....my replies are in blue.

The last rebound / hurrah we saw in NXT was the result of John (the marketing guy) lying about NXT being added to CoinBase.  So outside of the initial floor manipulation with Dgex and John's deceit campaign, has there ever been any reason for NXT to have a 8 figure capitalization?  Probably not.
John M. wasn't lying about the Coinbase adoption. We had a solid commitment from CoinBase themselves to list NXT.
Otherwise, why would Johns announcement of the Coinbase listing have had any effect at all ?
CoinBase would have simply denied the announcement the next day if it wasn't true.
As it was, CB kept on delaying NXT implementation until it became obvious that they wouldn't meet their commitment.
It sucked, tbh, but it wasn't Johns fault.

If there are really only 1150 addresses with more than 10,000 NXT then user adoption, even by crypto world standards, has been a major failure over the past 1.8 years.  This is contrasted with NXT's capitalization being a moderate success, despite the lack of adoption.
Or, we now have 1150 people who are seriously committed to their NXT investment, plus a completely unknown number of investors/speculators/traders keeping their NXT investment on exchanges. Could be worse.

 There are many crypto currencies with a bigger and better distribution.   It's indicative that nobody really wants NXT or, alternatively, they've read about the distribution, security incidents and technical issues and they're discouraged from adopting it.  
NXTs distribution has been discussed a thousand times before, and right now, I'd say that after 18 months it's no longer relevant: we've seen several massive dumps into NXT markets, and NXT is still holding position in the top 10. Someone seems to want it.....
As for security incidents: there haven't been any. The NXT software and blockchain has run smoothly for 18 months with no security breaches. There have been thefts of NXT from exchanges, but that's been due to lousy security from the exchanges, not any fault of NXT itself.
Technical issues ? Everything works, TS, and pretty much always has. The Nxt devs have always been completely on the ball, and any bugs/issues get stomped on quickly.
The NXT network has been attacked many times, and has not been compromised yet. (Though the attack from Destroyer did halt tx processing for a couple of hours)

You wrote this revisionism while reusing needles in your junkie den in Amsterdam or something?   I guess you need something to do while waiting for your 50 million NXT to acquire more value.

Of course keep engaging in revisionism - like that quotation from your hero, if you repeat a lie enough it becomes true.  The story about John and all the thefts in NXT (which you claim never happened, LOL) are well documented on BTT and numerous websites.  You do know in logical arguments that I don't have to prove your negative claim?  Of course what is the standard for dialectics in the business and legal world is probably beyond your comprehension.

  Already people from NXT who admitted who has what in terms of addresses and nobody is adopting or using NXT, it's a $hitcoin full of scams and thefts and deceit.  Anybody who even continues to associate themselves with NXT, given the history of criminality, is a psychological loony or a whale salvaging a windfall.

[EvilDave]

Doh...hit a nerve there, eh ?

Let's correct a couple more of your little untruths again:

You wrote this revisionism while reusing needles in your junkie den in Amsterdam or something?   I guess you need something to do while waiting for your 50 million NXT to acquire more value.
Even you should know by now that I'm not an original stakeholder. I'm just smart enough to spot a winner when I see it. Nice bit of personal abuse, btw, and so original.

Of course keep engaging in revisionism - like that quotation from your hero, if you repeat a lie enough it becomes true.  The story about John and all the thefts in NXT (which you claim never happened, LOL) are well documented on BTT and numerous websites.  You do know in logical arguments that I don't have to prove your negative claim?  Of course what is the standard for dialectics in the business and legal world is probably beyond your comprehension.
Yeah, the entire John story (and everything else to do with NXT) is well documented. So how come you can never back up any of your accusations ?
I was involved with the Coinbase GoCoin deal, and it was based on a genuine commitment from Coinbase GoCoin.
As I said in the last reply: if it was a fabrication, how come CoinBaseGoCoin never corrected it ? I seem to recall a Coinbase GoCoin exec on stage with John at the time of the announcement.....
Moving on, there have been 2 large scale thefts of NXT: Klees personal stash and BTER. Klee lost his via a compromised Dropbox account and poor password security, BTER lost their NXT wallet again because of poor password security. Maybe a dozen people have also lost NXT directly from their accounts because of poor password security.
I have to point out that most of these funds were recovered, and that there have been no thefts in a long time, ever since we started emphasising good password security.

Already people from NXT who admitted who has what in terms of addresses and nobody is adopting or using NXT, it's a $hitcoin full of scams and thefts and deceit.  Anybody who even continues to associate themselves with NXT, given the history of criminality, is a psychological loony or a whale salvaging a windfall.
Hilarious, TS. Real balanced stuff.
It could just be that NXT has some of the best crypto tech available, growing adoption, a great community and committed devs. People recognise that, and base their support of NXT on a realistic estimation of the future prospects for NXT.

And, if anyone feels the need to see what the Hell this NXT stuff is all about, check out the newest NXT client:
https://nxtforum.org/nrs-releases/nrs-v1-5-9/  

And heres a newish NXT info site:
http://www.nxtinfo.org/

New NXT trading platform:
https://www.nxthaus.com/

New game utilising the Nxt blockchain:
http://cointelegraph.com/news/114443/voxelnauts-a-minecraft-inspired-game-with-nxt-backed-property-rights-and-drm
http://voxelnauts.com/

Upcoming FinTech Conference, sponsored by NXT:
http://www.payexpo.com/

So, you can call NXT a $hitcoin if you like, but we are a very hard working one  



EDIT: time for a swift bit of revisionism: for 'CoinBase' in the last few posts, please read 'GoCoin'
TS got his facts wrong, and I followed him without noticing that particular cock-up.
See:
https://www.google.nl/search?q=cointropolis+nxt+coinbase
for all your research needs.

[box0211]

for those that are too lazy to install their own local client..
here's one that is exposed publicly to the internet:

http://jnxt.org/nxt  - Live wallet (click the 'man' icon and sign in with alias 'nxt' for a live demo)

Here's some images to go with it:

[smokinaltcoins]

I like NXT, and have a few K of them to have and hold.  It is a genius project overall.

The asset exchange is good, though it's hard to browse through and find assets.

The marketplace needs a way for feedback and voting on the quality of the item sold in the marketplace... something like fiverr.

Haven't checked out the voting system nor the plugin system yet - lots of development going on.

Cheers

[EvilDave]

Coming back to my little discussion with TaunSew, here's the original NXT mega-thread:
https://bitcointalk.org/index.php?topic=345619.0
This covers all of NXT history from the blockchain launch (Nov 2013) until the move to NXTs own forums (April 2014).


And the good stuff just keeps on coming. Here's a NXT tipping service for Reddit, Slack and Twitter:
http://www.wetiptap.com/

[rtrtcrypto]

I'm in awe that you can keep your cool responding to this moron (paid moron btw)... I'm just happy to block him and be done with it.

All the best taunsew... will never have to hear from you again 

Doh...hit a nerve there, eh ?

Let's correct a couple more of your little untruths again:

You wrote this revisionism while reusing needles in your junkie den in Amsterdam or something?   I guess you need something to do while waiting for your 50 million NXT to acquire more value.
Even you should know by now that I'm not an original stakeholder. I'm just smart enough to spot a winner when I see it. Nice bit of personal abuse, btw, and so original.

Of course keep engaging in revisionism - like that quotation from your hero, if you repeat a lie enough it becomes true.  The story about John and all the thefts in NXT (which you claim never happened, LOL) are well documented on BTT and numerous websites.  You do know in logical arguments that I don't have to prove your negative claim?  Of course what is the standard for dialectics in the business and legal world is probably beyond your comprehension.
Yeah, the entire John story (and everything else to do with NXT) is well documented. So how come you can never back up any of your accusations ?
I was involved with the Coinbase GoCoin deal, and it was based on a genuine commitment from Coinbase GoCoin.
As I said in the last reply: if it was a fabrication, how come CoinBaseGoCoin never corrected it ? I seem to recall a Coinbase GoCoin exec on stage with John at the time of the announcement.....
Moving on, there have been 2 large scale thefts of NXT: Klees personal stash and BTER. Klee lost his via a compromised Dropbox account and poor password security, BTER lost their NXT wallet again because of poor password security. Maybe a dozen people have also lost NXT directly from their accounts because of poor password security.
I have to point out that most of these funds were recovered, and that there have been no thefts in a long time, ever since we started emphasising good password security.

Already people from NXT who admitted who has what in terms of addresses and nobody is adopting or using NXT, it's a $hitcoin full of scams and thefts and deceit.  Anybody who even continues to associate themselves with NXT, given the history of criminality, is a psychological loony or a whale salvaging a windfall.
Hilarious, TS. Real balanced stuff.
It could just be that NXT has some of the best crypto tech available, growing adoption, a great community and committed devs. People recognise that, and base their support of NXT on a realistic estimation of the future prospects for NXT.

And, if anyone feels the need to see what the Hell this NXT stuff is all about, check out the newest NXT client:
https://nxtforum.org/nrs-releases/nrs-v1-5-9/  

And heres a newish NXT info site:
http://www.nxtinfo.org/

New NXT trading platform:
https://www.nxthaus.com/

New game utilising the Nxt blockchain:
http://cointelegraph.com/news/114443/voxelnauts-a-minecraft-inspired-game-with-nxt-backed-property-rights-and-drm
http://voxelnauts.com/

Upcoming FinTech Conference, sponsored by NXT:
http://www.payexpo.com/

So, you can call NXT a $hitcoin if you like, but we are a very hard working one  



EDIT: time for a swift bit of revisionism: for 'CoinBase' in the last few posts, please read 'GoCoin'
TS got his facts wrong, and I followed him without noticing that particular cock-up.
See:
https://www.google.nl/search?q=cointropolis+nxt+coinbase
for all your research needs.

[jones_]

I like NXT, and have a few K of them to have and hold.  It is a genius project overall.

The asset exchange is good, though it's hard to browse through and find assets.

The marketplace needs a way for feedback and voting on the quality of the item sold in the marketplace... something like fiverr.

Haven't checked out the voting system nor the plugin system yet - lots of development going on.

Cheers

For following the up and coming AE assets I suggest http://jnxt.org/jayex
It is a frontend to the nxt asset exchange with charts and realtime updating, it works together with http://jnxt.org/jay to be a usable decentralized exchange

[NattyLiteCoin]

I likely don't have anything in common with someone that doesn't appreciate the NXT technology and the enthusiasm of its user base.

/no horse in this race.

[Zer0Sum]

I like NXT, and have a few K of them to have and hold.  It is a genius project overall.

The asset exchange is good, though it's hard to browse through and find assets.

The marketplace needs a way for feedback and voting on the quality of the item sold in the marketplace... something like fiverr.

Haven't checked out the voting system nor the plugin system yet - lots of development going on.

Cheers

For following the up and coming AE assets I suggest http://jnxt.org/jayex
It is a frontend to the nxt asset exchange with charts and realtime updating, it works together with http://jnxt.org/jay to be a usable decentralized exchange

I see that you copied the "sorted by 7 day volume" from NXTBlocks...
Which is not very useful since it's always the same Assets... and volume can be easily faked on crypto exchanges.

Every real world exchange ranks 24 hr Net Change = basic window into events (with a minimum volume cutoff !!!)...
If you added that I would check it several times per day.

Nice work anyway  

[Este Nuno]

TaunSew, you're starting to sound like BlueMeanie. And that should scare you, since BlueMeanie is seriously mentally ill.

[tyz]

@box0211: Thanks for sharing. i am wondering if the transfering of the  passphrase for transactions is save for such online clients?

[fartbags]

the ones that already invested in it say it's a great coin.

of course