Nxt and the rise to the top.

[EvilDave]

The officially accepted definition of a liquid market is one in which 1% of the coins/tokens/porkbellies are traded per day.....by that definition, NXT trading is liquid right now, with a 24 hour volume of $87,000 on a market cap that bounces from $7-9 million. Hope it stays that way.....

Distribution is looking sweet as well: the last stakeholder to dump has been spreading the NXT around nicely, but she's just run out of NXT to give away.

[1715106917]

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[tokeweed]

The officially accepted definition of a liquid market is one in which 1% of the coins/tokens/porkbellies are traded per day.....by that definition, NXT trading is liquid right now, with a 24 hour volume of $87,000 on a market cap that bounces from $7-9 million. Hope it stays that way.....

Distribution is looking sweet as well: the last stakeholder to dump has been spreading the NXT around nicely, but she's just run out of NXT to give away.

Sure.  But that's no excuse not to improve.  A daily average trading volume of 87k USD just won't do in the long run.

[HCLivess]

I can imagine a 200 sat

[Canaanite]

The officially accepted definition of a liquid market is one in which 1% of the coins/tokens/porkbellies are traded per day.....by that definition, NXT trading is liquid right now, with a 24 hour volume of $87,000 on a market cap that bounces from $7-9 million. Hope it stays that way.....

Distribution is looking sweet as well: the last stakeholder to dump has been spreading the NXT around nicely, but she's just run out of NXT to give away.

Where can I check the distribution of NXT?
Last time I checked (like a year ago) something like 70% of it were held by 100 accounts

[EvilDave]

@Tokeweed....the current liquidity situation is a massive improvement on 6 months ago, but, yeah, more is better.

@Canaanite:
Here's a rich list from a couple of weeks ago:
https://drive.google.com/open?id=0B4OEA-peIYHXeGpmOE0wNlQyYWM

[Canaanite]

@Tokeweed....the current liquidity situation is a massive improvement on 6 months ago, but, yeah, more is better.

@Canaanite:
Here's a rich list from a couple of weeks ago:
https://drive.google.com/open?id=0B4OEA-peIYHXeGpmOE0wNlQyYWM

It does look better than what I remember...
How did the whales sell their NXT? did they do it through exchanges?

[EvilDave]

There were no doubt person-to-person deals, especially in the beginning, but most went to exchanges.
We've just had one stakeholder put 50 million NXT straight onto exchanges over the last couple of months, but he/she was pretty much the last big accountholder from the original stakeholders; most current big accounts have emerged since the initial distribution: exchanges, traders and project funds.

[coinyoo]

Most whales have been sold their stake from time to time. It seems there are less whales left from the 73 early investors.

@Tokeweed....the current liquidity situation is a massive improvement on 6 months ago, but, yeah, more is better.

@Canaanite:
Here's a rich list from a couple of weeks ago:
https://drive.google.com/open?id=0B4OEA-peIYHXeGpmOE0wNlQyYWM

It does look better than what I remember...
How did the whales sell their NXT? did they do it through exchanges?

[ShroomsKit_Disgrace]

Distribution is looking sweet as well: the last stakeholder to dump has been spreading the NXT around nicely, but she's just run out of NXT to give away.

Is there any site to check this on live? I mean, I remember back in the days there were 2 or 3 good webpages to check the distribution and top accounts. Now there is only that GoogleDocs document....

[EvilDave]

Yeah, it's been bugging me as well...hence the Excel rich list.

https://nxtportal.org/monitor/
Shows the active forging accounts, but a simple richlist display would also be useful.

https://www.mynxt.info/accounts?order-accounts=ascending
http://nxtreporting.com/stats.php
https://www.mofowallet.com/
All have explorer functionality, so worth checking out.

[illodin]

What's this about and what are the implications?

https://nxtforum.org/general-discussion/price-speculation/msg199646/#msg199646

[danel]

I can imagine a 200 sat

Hope not, or maybe I should sell all my NXT holdings before it happens. 

[tokeweed]

What's this about and what are the implications?

https://nxtforum.org/general-discussion/price-speculation/msg199646/#msg199646

Supernet dev is leaving NXT and is/was dumping 5m NXT?  I'm pretty sure NXT will recover from it.  Their core devs are pretty active and loyal.  It's their marketing that needs work imho.

[DecentralizeEconomics]

What's this about and what are the implications?

https://nxtforum.org/general-discussion/price-speculation/msg199646/#msg199646

Supernet dev is leaving NXT and is/was dumping 5m NXT?  I'm pretty sure NXT will recover from it.  Their core devs are pretty active and loyal.  It's their marketing that needs work imho.

Supernet will be destroyed if it leaves NXT.  If I was a SuperNet holder or holder of any of James' assets, I'd be dumping them like crazy.

[barbierir]

Supernet will be destroyed if it leaves NXT.  If I was a SuperNet holder or holder of any of James' assets, I'd be dumping them like crazy.

It would rather be the other way around, if ever. I believe Nxt will suffer more, the api changes have impacted other projects beside SN. I'm happy to hold more assets than Nxt.

[DecentralizeEconomics]

Supernet will be destroyed if it leaves NXT.  If I was a SuperNet holder or holder of any of James' assets, I'd be dumping them like crazy.

It would rather be the other way around, if ever. I believe Nxt will suffer more, the api changes have impacted other projects beside SN. I'm happy to hold more assets than Nxt.

Enjoy losing all your money.

[barbierir]

Supernet will be destroyed if it leaves NXT.  If I was a SuperNet holder or holder of any of James' assets, I'd be dumping them like crazy.

It would rather be the other way around, if ever. I believe Nxt will suffer more, the api changes have impacted other projects beside SN. I'm happy to hold more assets than Nxt.

Enjoy losing all your money.

The only rational explanation is that you're trying to raise fud about SN in order to buy more assets    SN doesn't need to rely on Nxt api in order to deliver, there are alternatives. For now I enjoy buying more cheap SN assets.

[DecentralizeEconomics]

Supernet will be destroyed if it leaves NXT.  If I was a SuperNet holder or holder of any of James' assets, I'd be dumping them like crazy.

It would rather be the other way around, if ever. I believe Nxt will suffer more, the api changes have impacted other projects beside SN. I'm happy to hold more assets than Nxt.

Enjoy losing all your money.

The only rational explanation is that you're trying to raise fud about SN in order to buy more assets    SN doesn't need to rely on Nxt api in order to deliver, there are alternatives. For now I enjoy buying more cheap SN assets.

Yes... that's exactly what I'm doing... keep telling yourself that. 

[rossoalb]

I have spoken to many people on forums and IRL and the ones that have heard about NXT or the ones that already invested in it say it's a great coin. After I read up a lot of info I also decided togive the platform and currency a try ! I love the platform and in my opinion it is the best out there .. Now, what it all comes down to, is that Nxt has great development , a great active community and many features that overrule a lot of other coins if you look at it. BUT, the major and primairy role why it isn't succeeding is the lack of marketing done by anyone in the community. IT's funny that people put tons of effort in features and then don't use them to the extend they are ment to be used !

So how can I boost Nxt's marketing in a efficient way so that the overall crypto public, actually gets to know the coin and sees the benefits of it like I do ?
I'm already very active on the Nxt forums.

If you'd lik to know more about Nxt and all the stuff I praise take a quick look at https://nxtforum.org/ and take a quick browse in the sections to get a broader idea.

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

For me, a good coin NXt

[gnargnar]

new NXT subforum! 

https://forum.bitcoin.com/nxt-f91/

expect a demand increase in the following hours/days. good luck everyone