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Author Topic: NXT is now 1288x cheaper than BTC  (Read 1974 times)
CoinHoarder
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December 04, 2015, 06:09:54 AM
 #21

maybe the train is letting people on board again for whoever missed the first stop...

Lol.  I hate it when people talk like this.  Just accept that the price is going down for now.  It could continue doing so as it's the current trend or it could flatten out and start going up again, who knows...  But don't give people ideas that this is a good time to get in.

Buy low sell high?

I think anyone can profit from buying and holding pretty much any of the major alt cryptocurrencies for a few years. Some will obviously gain more than others, but overall I believe all of the major players will see their value increase. It may take the industry a year or two to get its legs back under it but it will happen. It would suck to miss the ride, so I am buying all coins I think will be more valuable in the future with 15% of every pay check. Nxt is one of those coins I think will be around for a long time, as they stay on the bleeding edge of cryptocurrency development.

I am currently in Bitshares and Bitcoin/Gold/Silver derivatives on the Bitshares chain. I want to expand into Storj/Maidsafe/Siacoin/Monero/Nxt/Ethereum in the coming months. Too bad I can't buy Bitshares derivatives for these coins... I love the simplicity of storing all cryptos in the Bitshares client with no counter-party risk. Sad

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December 04, 2015, 06:46:11 AM
 #22

maybe the train is letting people on board again for whoever missed the first stop...

Lol.  I hate it when people talk like this.  Just accept that the price is going down for now.  It could continue doing so as it's the current trend or it could flatten out and start going up again, who knows...  But don't give people ideas that this is a good time to get in.

Buy low sell high?

I think anyone can profit from buying and holding pretty much any of the major alt cryptocurrencies for a few years. Some will obviously gain more than others, but overall I believe all of the major players will see their value increase. It may take the industry a year or two to get its legs back under it but it will happen. It would suck to miss the ride, so I am buying all coins I think will be more valuable in the future with 15% of every pay check. Nxt is one of those coins I think will be around for a long time, as they stay on the bleeding edge of cryptocurrency development.

I am currently in Bitshares and Bitcoin/Gold/Silver derivatives on the Bitshares chain. I want to expand into Storj/Maidsafe/Siacoin/Monero/Nxt/Ethereum in the coming months. Too bad I can't buy Bitshares derivatives for these coins... I love the simplicity of storing all cryptos in the Bitshares client with no counter-party risk. Sad

Assumng that all goes well, then sure.  But what if it doesn't?

Newbies be careful, it's all I'm saying.  We don't need more people getting disillusioned, losing money, bagholding then crying FUD, whining these boards all the time.

.BitDice.               ▄▄███▄▄
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Come-from-Beyond
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December 04, 2015, 08:32:35 AM
 #23

For what it's worth, I own some NXT...

Oh, boy, you fell lower than I thought. I expected you had more integrity (http://cryptolife.net/in-depth-analysis-nxt/).
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December 04, 2015, 11:27:19 AM
 #24

Nxt is a project not like those others shitty coins
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December 04, 2015, 03:05:08 PM
 #25

maybe the train is letting people on board again for whoever missed the first stop...

Lol.  I hate it when people talk like this.  Just accept that the price is going down for now.  It could continue doing so as it's the current trend or it could flatten out and start going up again, who knows...  But don't give people ideas that this is a good time to get in.

Buy low sell high?

I think anyone can profit from buying and holding pretty much any of the major alt cryptocurrencies for a few years. Some will obviously gain more than others, but overall I believe all of the major players will see their value increase. It may take the industry a year or two to get its legs back under it but it will happen. It would suck to miss the ride, so I am buying all coins I think will be more valuable in the future with 15% of every pay check. Nxt is one of those coins I think will be around for a long time, as they stay on the bleeding edge of cryptocurrency development.

I am currently in Bitshares and Bitcoin/Gold/Silver derivatives on the Bitshares chain. I want to expand into Storj/Maidsafe/Siacoin/Monero/Nxt/Ethereum in the coming months. Too bad I can't buy Bitshares derivatives for these coins... I love the simplicity of storing all cryptos in the Bitshares client with no counter-party risk. Sad

Assumng that all goes well, then sure.  But what if it doesn't?

Newbies be careful, it's all I'm saying.  We don't need more people getting disillusioned, losing money, bagholding then crying FUD, whining these boards all the time.
I have a little less faith than him, the crypto scene is great but I think we will only see a few coins actually stick around, Newbies need to really do homework before putting any money into an alt, no matter what alt it is.

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December 04, 2015, 04:59:23 PM
 #26

For what it's worth, I own some NXT and think it's a crying shame that it's worth less than trash like Dash and Doge. Those in charge of NXT aren't trying hard enough. In crypto, bullshit and buzzwords drive price, not fundamentals. Gotta step your game up if you want the price to rise! Take some lessons from eduffield and company. Cheesy

There's a little more to it than what you posted. "Nxt is a platform." "Nxt is the Linux of crypto."

"Nxt Is The Linux Of Crypto." That mission statement explains what's holding Nxt back, for now. Until it took over the Internet-server world, Linux was a fringey alternative OS and nothing more. Oh sure, it was and is an great subculture chock-full of helpful folks, but its adoption ratio stayed more-or-less stable at 1%.

That's why James et. al. are on the right track. Linux took the server world by storm for solid business reasons. Until a similar dollars-and-cents use case takes off by making/saving real $$$, Nxt will remain "The Linux of Crypto" - pre-server.

So once again, I counsel patience. The development of the Nxt core is as energetic as usual; leaving aside API-related squabbles, the core devs have set a really good example for the ecosystem developers. There are actually several ecosystem-building projects extant that aren't associated with James and the Supernet cohort. Right now, Nxt-as-Linux is at the "throw something at the wall and hope it sticks" stage. One of these days, a powered-by-Nxt business is going to break through and make some serious money for someone: enough $$$ to wake up other moneyed folk and provide a real-world example of how using Nxt pays. I believe it's only a matter of time before that real-world use case clicks.

That said, Horizon - the crypto I'm associated with - is an intriguing outside-chance. It's actually a plain clone, running on volunteer effort, whose reason for being is its distribution model (now coming to an end.) Thanks to it getting a nice bump recently, the value of one HZ is more than 4% of the value of one NXT. For a plain clone, that's almost unheard of. Essentially, a bet on HZ is a bet on HZers like me growing the ecosystem by our own efforts or the efforts of the Blocknet.






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December 04, 2015, 06:12:26 PM
 #27

For what it's worth, I own some NXT...

Oh, boy, you fell lower than I thought. I expected you had more integrity (http://cryptolife.net/in-depth-analysis-nxt/).

i wonder whats hazard's take on nxt now after his 2014 article? change of heart? curious to hazard's analysis after a year.
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December 04, 2015, 06:50:28 PM
 #28


curious to hazard's analysis after a year.

2 years.
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December 07, 2015, 02:43:59 PM
 #29

1339x

Bismuth - New Language, Interpretation Engines, Free Set of DAPPs https://bitcointalk.org/index.php?topic=1896497
Bitrated user: HCLivess.
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December 07, 2015, 07:44:48 PM
 #30

Nxt is indeed one of the most undervalued coins regarding the tech, community and devs, besides Qora.

I am sure we will see a value correction of NXT in 2016 when blockchain technology will enter the mainstream. Nxt offers the best blockchain ecosystem of all coin at the moment.

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December 07, 2015, 11:59:18 PM
 #31

Nxt is indeed one of the most undervalued coins regarding the tech, community and devs, besides Qora.

I am sure we will see a value correction of NXT in 2016 when blockchain technology will enter the mainstream. Nxt offers the best blockchain ecosystem of all coin at the moment.

All arguable.  Nothing is a sure thing.

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December 08, 2015, 04:13:58 PM
 #32

I believe hit #1 to the price was when thesir came around and hacked some crazy large percentage of all coins into his control from some exchange, price never recovered after that as it was a loss in confidence.

Hit #2 just happened with the supernet api compatibility. The nxt devs broke the third party software leading supernet project to x out nxt. This was/is another loss of confidence.

Unknown on wether the price will rebound.

Hit#3 which is underway, which could still be fallout from #2, is the questioning if nxt IS actually trying to be a financial platform ..


If only bcnext was around what would he say? (Maybe something like, NXT was just an experiment to determine societies evolution towards my main project)


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December 08, 2015, 05:27:27 PM
 #33

Nxt is indeed one of the most undervalued coins regarding the tech, community and devs, besides Qora.

I am sure we will see a value correction of NXT in 2016 when blockchain technology will enter the mainstream. Nxt offers the best blockchain ecosystem of all coin at the moment.

All arguable.  Nothing is a sure thing.

It's hard to argue that NXT devs do have vision. The upcoming updates with coin shuffling and singleton assets indicate that it's being fulfilled. I'm really interested in singleton assets as they are close to DRM and some smartcontractish dimensions.

However, the real problem is that none of it matters IMO. World doesn't need a new NXT-based monetary system. I'd argue it's an interesting R&D playground, really worth following, but the gap with the real world is enormous.

It's not about NXT though, whole altcoin market fell victim of disillusioned followers. The next big thing is either not coming from crypto, or it won't be that big.
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December 08, 2015, 05:59:16 PM
 #34

Nxt is indeed one of the most undervalued coins regarding the tech, community and devs, besides Qora.

I am sure we will see a value correction of NXT in 2016 when blockchain technology will enter the mainstream. Nxt offers the best blockchain ecosystem of all coin at the moment.

All arguable.  Nothing is a sure thing.

It's hard to argue that NXT devs do have vision. The upcoming updates with coin shuffling and singleton assets indicate that it's being fulfilled. I'm really interested in singleton assets as they are close to DRM and some smartcontractish dimensions.

However, the real problem is that none of it matters IMO. World doesn't need a new NXT-based monetary system. I'd argue it's an interesting R&D playground, really worth following, but the gap with the real world is enormous.

It's not about NXT though, whole altcoin market fell victim of disillusioned followers. The next big thing is either not coming from crypto, or it won't be that big.
However when new users flood into the ecosystem, the first thing they will most likely fall for is altcoin scams. Since you can't really detach altcoins from bitcoins anymore.
All of this FUD about nxt lately makes me want to buy some more nxt. I may be disillusioned, but I can live with that. At least I have something to believe in.
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December 08, 2015, 06:16:59 PM
 #35

Nxt is indeed one of the most undervalued coins regarding the tech, community and devs, besides Qora.

I am sure we will see a value correction of NXT in 2016 when blockchain technology will enter the mainstream. Nxt offers the best blockchain ecosystem of all coin at the moment.

All arguable.  Nothing is a sure thing.

It's hard to argue that NXT devs do have vision. The upcoming updates with coin shuffling and singleton assets indicate that it's being fulfilled. I'm really interested in singleton assets as they are close to DRM and some smartcontractish dimensions.

However, the real problem is that none of it matters IMO. World doesn't need a new NXT-based monetary system. I'd argue it's an interesting R&D playground, really worth following, but the gap with the real world is enormous.

It's not about NXT though, whole altcoin market fell victim of disillusioned followers. The next big thing is either not coming from crypto, or it won't be that big.
However when new users flood into the ecosystem, the first thing they will most likely fall for is altcoin scams. Since you can't really detach altcoins from bitcoins anymore.
All of this FUD about nxt lately makes me want to buy some more nxt. I may be disillusioned, but I can live with that. At least I have something to believe in.
I am going to buy probably a 1/10th btc worth of soon, just seems like it really has potential to me.

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December 08, 2015, 11:45:14 PM
 #36

Nxt is indeed one of the most undervalued coins regarding the tech, community and devs, besides Qora.

I am sure we will see a value correction of NXT in 2016 when blockchain technology will enter the mainstream. Nxt offers the best blockchain ecosystem of all coin at the moment.

All arguable.  Nothing is a sure thing.

It's hard to argue that NXT devs do have vision. The upcoming updates with coin shuffling and singleton assets indicate that it's being fulfilled. I'm really interested in singleton assets as they are close to DRM and some smartcontractish dimensions.

However, the real problem is that none of it matters IMO. World doesn't need a new NXT-based monetary system. I'd argue it's an interesting R&D playground, really worth following, but the gap with the real world is enormous.

It's not about NXT though, whole altcoin market fell victim of disillusioned followers. The next big thing is either not coming from crypto, or it won't be that big.

I'm not saying that NXT won't be successful, it could.  But it isn't a sure thing.  Nothing is.

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gnargnar
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crypto-enthusiast since 2012


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December 09, 2015, 01:07:30 AM
 #37

I personally think NXT is a good project. Maybe a little too geeky but overall way better than most coins.

But after reading the excellent reply of Rias, I think it's safe now to lock the thread and let it die. Rias said it all and nothing more spot on can be said : that's the pure truth, maybe a sad one for some bagholders. Use that reality check to wake up now, the dream won't happen...

It's hard to argue that NXT devs do have vision. The upcoming updates with coin shuffling and singleton assets indicate that it's being fulfilled. I'm really interested in singleton assets as they are close to DRM and some smartcontractish dimensions.

However, the real problem is that none of it matters IMO. World doesn't need a new NXT-based monetary system. I'd argue it's an interesting R&D playground, really worth following, but the gap with the real world is enormous.

It's not about NXT though, whole altcoin market fell victim of disillusioned followers. The next big thing is either not coming from crypto, or it won't be that big.
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