Poll result: NXT is a proper cryptocurrency

[BurstIncomeAsset]

NXT is really impressive and admirable, a true flagship for the cryptocurrency development.

It is definitely not a scam, and people just now start to realize how feature-rich this altcoin is.

[r0ach]

And where is the pressure for Nxt forgers (stakers, as r0ach puts it) to pool their stakes ?
There is no extra forging power to be gained by combining stakes: running 10x 1 million NXT stakes gets you just as much income as running one 10 million NXT stake.
And, there is no economy of scale with Nxt forging equipment: a RaspPi2 will forge just as efficiently as the latest quad-core rig.

The costs of running a Nxt node are by design very low (as are the rewards  ) in order to ensure that Nxt will remain decentralised as it scales up.

Because without a coin age variable, which was dropped from all PoS coins due to security reasons, you have to pool stake to compete with the whales forging.

[bcdev]

@r0ach:
Can you elaborate?

As I understand PoS chance to forge raises linearly with stake.
If I have 25kNXT, I'll forge 1 block per month. If I have 100kNXT, I'll forge 4 blocks. If I have 1 million NXT, I'll forge 100. [These are approximate averages ofc.]
What stake distribution is better? Can you elaborate? As I see right now pooling doesn't give any [financial] advantage. It's not PoW where pooling makes sense.

To be fair, pooling makes sense with really small stakes (?< 25kNXT?). But I don't understand how coin age could help here.

[iCEBREAKER]

NXT = Java = popular websites = MtGox

And iCEBREAKER will never become a rational amicable person with fairly balanced views with an open mind.

I know, I'm back after a long break and now am collecting trolls to play with. He is quite promising.

I don't know CfB looks like that troll is pretty canned, grumpy and it's logic often fails completely. Definitely a real piece of work.

Yes, let's discuss people and personalities instead of answering the OP's question.

Or not...

All year long, the market has been saying NXT is a scam.  The only reason it's not lower is because the insiders who got in cheap keep the price propped up, as they slowly dump on gullible simpletons like LiQio.




^^^That's what a dying coin looks like.  NXT is abandoned, with a pathetic <100BTC in daily volume.

After all the hype and glittering promises NXT is still useless for anything except creating and dumping scam assets like j777hodl.

http://www.jl777.org/  --->  This site is temporarily unavailable

[Karartma1]

Yes, I still think NXT has no difference from other coins in altcoin scene. People buy it for obvious reasons, and that's not real life usage.

[Come-from-Beyond]

Nice chart, may I have the same for Bitcoin for comparison? Thank you in advance.

[klee]

NXT = Java = popular websites = MtGox

And iCEBREAKER will never become a rational amicable person with fairly balanced views with an open mind.

I know, I'm back after a long break and now am collecting trolls to play with. He is quite promising.

I don't know CfB looks like that troll is pretty canned, grumpy and it's logic often fails completely. Definitely a real piece of work.

Yes, let's discuss people and personalities instead of answering the OP's question.

Or not...

All year long, the market has been saying NXT is a scam.  The only reason it's not lower is because the insiders who got in cheap keep the price propped up, as they slowly dump on gullible simpletons like LiQio.




^^^That's what a dying coin looks like.  NXT is abandoned, with a pathetic <100BTC in daily volume.

After all the hype and glittering promises NXT is still useless for anything except creating and dumping scam assets like j777hodl.

http://www.jl777.org/  --->  This site is temporarily unavailable

E hmmm... actually all of coins tend to have the same long term chart! 

[iCEBREAKER]

Nice chart, may I have the same for Bitcoin for comparison? Thank you in advance.

The NXT chart is priced in BTC.  Not sure why you GAF about fiat.

The key point is not the price decline, but rather the disappearing volume.

BTC volume is stable over the last year+.  Nobody is trading NXT.

The air is leaking out of the NXT market.  It's a dead scam-coin+scam-platform and the corpse is cooling off.

Like Supernet, the only thing it was good for was making jl777 a lot of BTC.   

actually all of coins tend to have the same long term chart! 

The key point is not the price decline, but rather the disappearing volume...

[klee]

Nice chart, may I have the same for Bitcoin for comparison? Thank you in advance.

The NXT chart is priced in BTC.  Not sure why you GAF about fiat.

The key point is not the price decline, but rather the disappearing volume.

BTC volume is stable over the last year+.  Nobody is trading NXT.

The air is leaking out of the NXT market.  It's a dead scam-coin+scam-platform and the corpse is cooling off.

Like Supernet, the only thing it was good for was making jl777 a lot of BTC.   

actually all of coins tend to have the same long term chart! 

The key point is not the price decline, but rather the disappearing volume...

You are right but I would like to see a percentage decline in volume for every coin in the Top 20 since their debut. BTC suffers from this too, not sure about XMR.

I am working on some nice indicators you know, volume is something I will research soon for them!

[LiQio]

Yes, let's discuss people and personalities instead of answering the OP's question.

Or not...
[...] as they slowly dump on gullible simpletons like LiQio.

^
classic

I don't know CfB looks like that troll is pretty canned, grumpy and it's logic often fails completely. Definitely a real piece of work.

[iCEBREAKER]

Yes, let's discuss people and personalities instead of answering the OP's question.

Or not...

All year long, the market has been saying NXT is a scam.  The only reason it's not lower is because the insiders who got in cheap keep the price propped up, as they slowly dump on gullible simpletons like LiQio.




^^^That's what a dying coin looks like.  NXT is abandoned, with a pathetic <100BTC in daily volume.

After all the hype and glittering promises NXT is still useless for anything except creating and dumping scam assets like j777hodl.

^
classic

I don't know CfB looks like that troll is pretty canned, grumpy and it's logic often fails completely. Definitely a real piece of work.

I got in a dig at you while (not "instead of") answering the OP's question ("Yes, the market obviously thinks NXT is a scam.")

Are you mad about your bag of NXT becoming more difficult to continue holding?

Well too bad, because I'm going to make sure it gets so heavy it crushes you under its weight... 

http://www.jl777.org/  --->  This site is temporarily unavailable

#REKT

[bcdev]

http://www.jl777.org/  --->  This site is temporarily unavailable

It's good to know that one person cares about this site. As a fan it's strange you only realized it now. It's been gone since January.

Next time go to supernet.org.

Oh no! bcdev.net gives out BAD GATEWAY. bcdev is dead!!!

[BurstIncomeAsset]

I don't understand why people say NXT is dead.

It does have some temporary transfer velocity problems but other than that it's perfectly fine. It was overvalued in the past years, people thought it would take over the stock market in a week, but they were wrong.

Obviously this kind of technology needs 5-10 years to develop. NXT is just having a lack of marketing right now, but all devs are working pretty hard to develop this coin.

It needs some media attention.

[iCEBREAKER]

I don't understand why people say NXT is dead.

Obviously this kind of technology needs 5-10 years to develop.

NXT isn't dead, because it was never alive.  Nobody has ever used NXT for anything legitimate, scam assets notwithstanding.  And it's had over a year to shit or get off the pot.

In 5-10 years, NXT and everything it's built on will be obsolete.

With vanishing volume and zero actual use, who will pay and/or work to keep NXT's grotesquely bloated features updated with the latest tech until 2020 or 2025?

Face it, Ethereum ate NXT's lunch.  Anything NXT can do, ETH can do in a much more flexible, far less shady environment.  Plus ETH has a vibrant community and booming volume.

[bcdev]

Anything NXT can do, ETH can do in a much more flexible, far less shady environment.

Any pictures of Ethereum wallet?

Guess what you'll find when you Google for images on "ethereum wallet"...

[BurstIncomeAsset]

I don't understand why people say NXT is dead.

Obviously this kind of technology needs 5-10 years to develop.

NXT isn't dead, because it was never alive.  Nobody has ever used NXT for anything legitimate, scam assets notwithstanding.  And it's had over a year to shit or get off the pot.

In 5-10 years, NXT and everything it's built on will be obsolete.

With vanishing volume and zero actual use, who will pay and/or work to keep NXT's grotesquely bloated features updated with the latest tech until 2020 or 2025?

Face it, Ethereum ate NXT's lunch.  Anything NXT can do, ETH can do in a much more flexible, far less shady environment.  Plus ETH has a vibrant community and booming volume.

Well i`m looking forward to that, but until now they don't even have a GUI wallet, and if NXT is too hard to understand for laymen, then ETH is 1000x worse.

I just cant see mainstream people using console wallets. And the GUI wallet? It will be full of bugs for a long time, given the complexity of the ETH protocol.

[iCEBREAKER]

Anything NXT can do, ETH can do in a much more flexible, far less shady environment.

Any pictures of Ethereum wallet?

Guess what you'll find when you Google for images on "ethereum wallet"...

Wallets are irrelevant compared to the Holy Grail of user-programmable Turing-complete smart-chains.  And I like CLI anway.   

Wallets are for the kind of noobs who don't understand why NXT failed.  For now, they can just keep their ETH on Poloniex (with 2FA).

Everyone capable of making stuff for NXT is going to have a blast with ETH.

NXT is the cargo cult's bamboo version of ETH.

[Come-from-Beyond]

With vanishing volume

Volume is a bad indicator for 100% PoS coin because there are no miners who need to sell coins to pay electricity bills. Funny that you forgot this. Or maybe you didn't...

[bcdev]

Wallets are for the kind of noobs who don't understand why NXT failed. For now, they can just keep their ETH on Poloniex (with 2FA).

Just buy bitcoins and leave them on MtGox.

/* I know, I know. Don't feed the troll. But he's so amusing I can't resist. */

[Come-from-Beyond]

Wallets are irrelevant compared to the Holy Grail of user-programmable Turing-complete smart-chains.

GUI girlfriend:






console girlfriend: