Nxt and the rise to the top.

[Este Nuno]

This thread is a joke right?
Its so funny it should be stickied.
NXT was a scam and stil is.
all the coins went to less then 30 people.. that's a scam

must be a pretty good elaborate scam i gotta say since its been going for almost 2 years. they just keep on cranking out code every month. im not sure what to think.

Bernard Madoff's scam went on for decades before he was investigated and put behind bars.  Duration of operation or an individual's profit does not mean something is not a scam. "I made money on it so it couldn't had been a scam" is something that is frequently parroted on here and not a correct conclusion.  There's plenty of people who made profit off Madoff's scam and other scams or illegal activity.

 NXT's distribution where the two Eastern European co-founders took the majority, Jeff Garzik's review on the code, numerous thefts in the ecosystem which were probably the result of backdoors and the plethora of ponzi schemes based on half-completed projects on the asset exchange.  Verdict:  It's a scam.

Very well said and I couldn't agree more.

Unlike BTC which user base is lot less what we would like it to be, but still, slowly but surely it is growing and at least it is used in real world applications such as shopping, porn, gambling, this 100% premined digital rubbish NXT is used by absolutely no one in the real world. NXT is a pure P&D trading asset without any real world applications except that existing users try to convince naive new users to buy in by promising/projecting/implying a nice return on "investment". It's a strange combination of a ponzi and fraudulent investment scheme, but whichever angle we see it is a scam.

Not surprisingly, the biggest swindler of the landscape is jl777 James, the shining star of this shamble with his vaporware Supernet - again with zero real world applications and not related with any real world use cases whatsoever. The jl777 upgraded scam scheme fits well into the NXT scam.

And of course, the bagholders of NXT attack all critics. After all, these wankers try to lure new investors into this nonsense for a few BTC "profit" and threads like this spoil the money collecting party.

You should join the SuperNET slack and help beta test some parts of SuperNET like InstantDEX. Or if you're a coder, review the massive amount of code that's already been written for it(50k+ lines? not that LoC indicate much on their own).

Or just download the SuperNET wallet and use it yourself. No need to use NXT specifically if you don't want to.

I find your post pretty weird because my experience so far looking at NXT and SuperNET is pretty much the exact opposite of how you lay it out.

[Nxtblg]

Now if you'll excuse me, I've gotta make my rounds on Bitcointalk and the Nxt forum before paying my Asset holders the dividends I owe them...

Ohhhhh you clown ... what exactly the real world use case or application of your "asset"?

Well, I happen to be clownishly making real profits by spread trading. I also clownishly drop block-explorer links to prove it. And then, I clownishly distribute the profits to my Asset holders as specified in the offering document. Just as I've clownishly lived up to the terms at all other times, since I issued my Asset.

How clownish of me.

[yohanip]

I personally believe the value will rise as soon as public realize that everything decentralized will prove to be more secure.
The trust-less system is the key point IMO, the 3rd party developments based on nxt, the dedication of the devs is the one which will bring it to the moon

[TaunSew]

[DecentralizeEconomics]

[TaunSew]

[DecentralizeEconomics]

[TaunSew]

[Este Nuno]

That moment when UF and DE bond over their shared love of dank maymays.

[JReag]

That moment when UF and DE bond over their shared love of dank maymays.

I first started going to 4chan in 2004 and this is a bit much for me.

[TaunSew]

That moment when UF and DE bond over their shared love of dank maymays.

I first started going to 4chan in 2004 and this is a bit much for me.

It's not too late to join the winning team.  NEM No Envy Movement.

[Nxtblg]

It's not too late to join the winning team.  NEM No Envy Movement.

Well, I'll give you this: it's nice to see you show your hidden hand. The only thing that stopped me from buying NEM was price. When it sunk to 20'000 NXT on the AE, I was tempted to pick up a haunch - but stubborn old me waited for it to sink further to ~10'000. And sure enough: 20'000 was close to the low, after which it rebounded. Go figure.

Do you happen to know how much BTC it would take to buy enough NEM to make up a stake at today's (Polo) prices?

[TaunSew]

It's not too late to join the winning team.  NEM No Envy Movement.

Well, I'll give you this: it's nice to see you show your hidden hand. The only thing that stopped me from buying NEM was price. When it sunk to 20'000 NXT on the AE, I was tempted to pick up a haunch - but stubborn old me waited for it to sink further to ~10'000. And sure enough: 20'000 was close to the low, after which it rebounded. Go figure.

Do you happen to know how much BTC it would take to buy enough NEM to make up a stake at today's (Polo) prices?

https://nxtblocks.info/#section/assets_exchange/market/12465186738101000735
(click the "all" button under the market tab)

NEMstake range was 15,000 to 50,000.  Most people bought between 20,000 to 40,000 NXT, if you look at volume (mean based at volume peaks was probably around 30,000?  That's a lot of number crunching for an otherwise immaterial exact number when an approximation is sufficient).

Today 2,225,000 XEM (equivalent to one NEMstake) can be sold for 1.35 BTC and that 1.35 BTC can approximate NEMstake-NXT:  meaning 2.25M XEM = 27,000 NXT.  

[box0214]

wow... if i wasn't sure, but it seems like he's really desperately pushing NEM hard on this forum.... good luck and god speed!

[barbierir]

TaunSew is obviously an anti-NEM activist that is trying hard to make NEM look bad by posing as a special retarded troll supporter  The NEM community should not fall in the trap and distance itself from his actions that are intended to harm the coin.

[DecentralizeEconomics]

[box0214]

nxt seems pretty darn cheap at these prices. i guess it isnt rising to the top this year.

[tokeweed]

nxt seems pretty darn cheap at these prices. i guess it isnt rising to the top this year.

Personally, I think the falling price is a good thing for NXT overall.  It would even be better if it falls further close to or slightly lower than the IPO price with the hope that the huge stake holders cash out some of their holdings, spreading the coins out even further.  From there, the price could start picking up again with better distribution.

And it would become a more attractive buy for potential investors.

[DecentralizeEconomics]

It would even be better if it falls further close to or slightly lower than the IPO price

Sub $2500 USD marketcap for NXT would allow a lot of us to acquire nice stakes.  We can only pray.

[tokeweed]

It would even be better if it falls further close to or slightly lower than the IPO price

Sub $2500 USD marketcap for NXT would allow a lot of us to acquire nice stakes.  We can only pray.

Lol.  Oh yeah...  I forgot about that.

But you get the point. 

What NXT really needs is to pick up in trading volume, even if it's coming from speculation.  It makes more of an attractive investment knowing it is actively traded.  Hopefully the lower prices would help.