NXT dying?

#dump # dead #premine

i like nxt...it seems technically impressive.

the uh....slightly dogey circumstances of release were an issue

....i feel you should hold some nxt.

i like peercoin, the best of alts....i think.

In what way do you consider the release to be slightly dodgy? If anything it's one of the fairest PoS releases in the post-PPCoin/Peercoin era. From what I understand it was 2 months, publicly announced, full disclosure, open to everyone ect. What else could you want?

The initial distribution was one of the worst possible, but at this point it is irrelevant. As it turns out having most coins in the hands of a few made the high price possible.

I am surprised to see it going nowhere looking from the outside, I think the main issue is that you have a closed group who backslap each other creating an echo chamber. This issue affects Bitshares too and I hope to avoid it.

Between the constant stream of NXT development releases adding major features and then all the SuperNET development which also directly affects NXT I think it's definitely going somewhere. If we're talking price specifically, then yes both Bitshares and NXT have been hit especially hard from the long term overall crypto bear market.

This specific thread though is only around because one person decided to sell a large amount of NXT. It's an overreaction and the reality is that NXT and related projects are running at full throttle based on all evidence that I've seen.

Great time to buy cheap coins, nothing more.

If so, no great loss. Thousands of other coins available and new coins coming daily. Whats the fuss?

Quote from: elelegzet on August 17, 2015, 04:56:14 PM

Great time to buy cheap coins, nothing more.

When people talk of nxt dying, it only means some people are getting cheap coins.

dat dumps on polo

when one guy can dump that much and is fucking the market, NXT probably deserve to die Sad

Quote from: sofu on August 17, 2015, 08:37:55 PM

dat dumps on polo

when one guy can dump that much and is fucking the market, NXT probably deserve to die Sad

If cryptos deserved to die because of one large holder to decides to sell then they'd all deserve to die. Even Bitcoin. Remember the 'bearwhale' not too long ago?

The price drop comes more from the fact that this particular person has an odd way of selling their NXT. They let everyone know in advance and try to get a good price for it, but then they get impatient and start dumping. The fact that the person telegraphs their sale makes other people decide to sell because they know they'll be able to buy back cheaper when it bottoms out.

It's a cliche, but the person selling off this NXT is actually a good thing as it just improves distribution. If peoples main issue over the years with NXT has been their fear of a poor distribution because of the way it was launched(which was fair, but 'only' 73 people sent in BTC), then by now they should be happy because there's been a lot of selling and a lot of distribution over what's soon to be the last two years.

Quote from: Este Nuno on August 17, 2015, 09:07:05 PM

Quote from: sofu on August 17, 2015, 08:37:55 PM

dat dumps on polo

when one guy can dump that much and is fucking the market, NXT probably deserve to die Sad

I agree that NXT would benefit on a better distrubution but I doubt that dumping only is a smart way to do it.

What about all the assets and assetholder? They also losing value on these permadumps.

Ethereum killed NXT. Abandon ship!!

The only people that even give 2 shits about NXT are all in this thread trying to run their FUD game on Ethereum. You really should be ashamed of yourselves.

Quote from: stoat on August 18, 2015, 09:47:11 AM

The only people that even give 2 shits about NXT are all in this thread trying to run their FUD game on Ethereum. You really should be ashamed of yourselves.

So you 'give two shits about NXT' Welcome to this wonderful community friend 😁

Hahaha funny! No. NXT is dead and it's going the way of the Dodo.

You should rename it Dodo coin.

nah.. just for now slow falling it will raise again

NXT is not dying, but I don't see it growing either. maybe instadex will bring in new users... we'll see.

NXT graph is like population of dodo's over time.

C`mon this must be the ultimate FUD thread ever, ETHEREUM is a crappy coin that doesnt even have a working wallet.

Its most likely an overhyped sensationalist turd, that promises alot but delivers nothing (like politicians)

Ethereum is a politician coin.

NXT is a real business oriented one.

Stop flogging the dead horse. NXT is dead, gone, done for.

Quote from: stoat on August 18, 2015, 03:49:50 PM

Stop flogging the dead horse. NXT is dead, gone, done for.

Ah man, many trolls in this thead as it looks like most of them newbies or jr members, that tells alot.

NXT is the most innovating crypto out there, perhaps next to HYPER and GEMZ

NXT is definitely not dying and I doubt it ever will. Their still in the top 12, and it seems that other people don't seem to think it's dying.

Quote from: dodgecharger on August 18, 2015, 04:27:27 PM

NXT is definitely not dying and I doubt it ever will. Their still in the top 12, and it seems that other people don't seem to think it's dying.

Bro, just ignore the naysayers, they are just trolls, look at them nembie and jr accounts come here to teach us that NXT a 80 million $ market is dying because of a scammy wrongly planned & executed hype named ETHEREUM.

They are 1 year ahead and they dont even a wallet, atleast NXT had a wallet within 1-2 weeks that actually worked.