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Author Topic: wtb NXT  (Read 647 times)
lightsofray
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November 24, 2013, 11:43:31 PM
 #1

Wtb .25btc worth of NXT
Looking for a fair offer.
Also trying to figure out how the mining of it works with pos.
Does my .25btc worth of NXT just grow because I own it or do I need to do something?
Thanks
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bob131313
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November 24, 2013, 11:46:00 PM
 #2

mining
As I understand it. 1,000,000,000 coins exist atm, these were divided among the initial people that sent btc to btcnext.
Mining is Proof of Stake with % of blocks you mining being based off of # of coins in your wallet. POS doesn't generate coins, you only get the fee's.
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November 24, 2013, 11:57:11 PM
Last edit: November 25, 2013, 07:56:54 AM by bybitcoin
 #3

Update: here is the main trading thread for Nxt : https://bitcointalk.org/index.php?topic=345336.0
You may put your desired bid or ask price there to be included. Someone may match it and contact you for a deal!
There will probably be some escrow help soon as well Smiley
lightsofray
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November 25, 2013, 12:39:33 AM
 #4

Cool
I am definitely interested in buying but 250k for .25 seems a tad steep, no? That gives NXT a 1000btc market cap ... nearly a million dollars
I dont mind sending first but can I get a better deal?
Also so does this mean I can mine like regular too? I guess im still a hair confused.
Sharky444
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November 25, 2013, 01:54:43 AM
 #5

You will not get a better deal. Most people are holding their Nxt in order to mine blocks. Next has launched only yesterday, so the value will increase over the next days/weeks. There should also be a mining pool in the next weeks. Keep in mind that no more Nxt will be ever generated. The block reward is transaction fees, not "new" Nxt.

Radix - just imagine
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