NXT :: descendant of Bitcoin - Updated Information

[TwinWinNerD]

Is there a 100k NXT club :p because if my order all go through, i will have that much. wohooo

[Tompa]

Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

+1

who would control such a feature? This sounds potentially dangerous tbh

Sounds like a job for a service provider if you ask me. 

Actually I don't think so.  This is a feature of the Bitcoin-qt client that has always interested me to some degree.  A few people have the ability to broadcast a message that will appear on all Bitcoin-qt clients which has proven useful but its a centralized credibility problem.

If nodes could see a message and decide whether or not to pass it along to all other nodes, this might be useful.  Kind of like a voting system similar to reddit but weighted by how much NXT someone has in their address.  So for example, two nodes, one with 50 NXT and one with 500 NXT both see a message being broadcast on the network.  The node with 50 NXT thinks it's stupid and rates the message poorly but the node with 500 NXT thinks it's good and rates it positively.  The message would be deemed mostly credible because 10X more votes went to ward propagating the message across the network.

You could have a panel with "important news" in it that NXT holders vote on at their leisure.  If a majorly important event is going on that other NXT users should know about, it's in every NXT holder's vested interest to make other NXT users aware of the news by rating it highly and rating unimportant news poorly.

BitMessage anyone?
They have such things figured out. They have broadcasts, channels, subscriptions, pseudomailing lists etc. Very nice and convenient. You can "broadcasts" a message anyone who is subscribed will get it. So it is not spamming. All of us who would like to receive the update on the status of the network or update about new client version can be subscribed to that broadcasts.

[brooklynbtc]

Is there a 100k NXT club :p because if my order all go through, i will have that much. wohooo

nice. i just joined it for the third time!

[ferment]

Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

We can, but this is supposed to be handled by Service Providers.

Is there any place now to stash data other than in Aliases?

[Come-from-Beyond]

Hi Cfb, can we make a public announcement function in which a message can be broadcasted to the whole network. We may need this feature in case a certain public forum got shut down.  

We can, but this is supposed to be handled by Service Providers.

Is there any place now to stash data other than in Aliases?

No. Arbitrary Messages will be added very soon. U will be able to send anything u wish - any format, encrypted, whatever.

[opticalcarrier]

THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 

[utopianfuture]

THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 

Isn't he a global moderator ?

[xibeijan]

People who think the price too high, or unfair distribution, etc -  there’s really not much you can do to convince stakeholders otherwise (or according to rickyjames the top 51 accounts with over 78% of all NxT's) - conflict of interests, beating a dead horse. And they have that right/privilege, and I don't judge them for it. I'd be doing the same thing. But, the stakeholders, and all NxT holders for that matter, can’t exist in the long term without attracting new buyers - buyers have power, too.

The only impact you can really make, as a new buyer, is to choose to buy them at a price you're comfortable with. Bring down demand to what YOU believe is the right valuation for NxT, especially since no new coins can be obtained/mined as with other coins. What do you think it’s worth today? Everybody has their own number. Others just follow the herd and buy at market - poor strategy.

People talk of strategy, and this is mine: two months ago, all 1 Billion coins were acquired at about $4,000 between 73 people. Today, two months later, what do you think all the 1 Billion coins should be worth today? 100x? 1000x? or what current levels say - 4000x-6000x, or $40-80 Million in total? My personal number (and it's not the holy grail, just my opinion, and I put my mouth where the exchange is via a limit order) is 1000x - that’s a 100,000% 2-month return for original risk taken, for something where the source hasn't been released to the public - still pretty damn good - can you name any asset that achieved such a return in 2 months, or even close?

Fair or unfair, I don’t care - this is crypto-capitalism, and such talk of fairness is weak, but everybody has their number as to what they believe is a reasonable return, i.e., a reasonable valuation, for NxT, i.e., a reasonable price to pay if all the information is made aware to the public and is easily obtainable (such info as original IPO amount of $4,000). My number is around 1000x, so that would mean a price of about .000021-.00004. So, that’s what I’m waiting for. Yeah, I still have a small position, and managed to just get some .00006, but I won’t be investing more until it goes back to those levels. And I bet other potential investors sitting in my shoes are thinking something along these lines. At least while the technology is still closed source and has not been peer reviewed by a wider audience, 1000x is plenty.

Don't be hating on me for having an opinion, and calling me out. As long as the price stays in the 3000x-6000x levels, I'll keep reminding potential new buyers of the information they may not have been able to obtain themselves - and the choice is up to them whether to buy or not. Indeed, the market seems to be responding in my favor, whether my babble had any effect or not. I might be the big elephant in the room, but I'm not the only one with these opinions - others have noted similarly, perhaps less bluntly.

Your buy target is arbitrary and low.  Thus, you might miss your chance to buy.

[Ebrelus]

If there would be only chat on dgex... It would be so much fun IMO still far from relative bottom in terms of valuation.

[brooklynbtc]

If there would be only chat on dgex... It would be so much fun IMO still far from relative bottom in terms of valuation.

you think its gonna go lower? lets see..

[salsacz]

THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 

Isn't he a global moderator ?

This post is quite epic then:
https://bitcointalk.org/index.php?topic=384097.msg4132082#msg4132082

[pinarello]

THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 

WHAT omg. he was mod ! 

35K

[bitcoinpaul]

THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 

Could you be a little more precise? Source? Infos? Don't want to accuse somebody without some little evidence.

[bitcoinpaul]

Not so fast - do you have any information?

[Damelon]

THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 

Can we have confirmation from Graviton on this?
It's a pretty serious charge and I would like to have separate confirmations.

Thanks

[brooklynbtc]

THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 

Could you be a little more precise? Source? Infos? Don't want to accuse somebody without some little evidence.

I agree, we need more information, including Drexme's side. If he took it and split, then he's probably not coming back. Maybe he converted it to cash to spend on VPS or something else?

[GCInc.]

Please do not make premature conclusions. After Opticalc's notice I found out that Drexme transferred and sold the coins, but AFAIK he hasn't been questioned about it. Maybe there's a valid reason.

[bitcoinpaul]

Right. And 35k nxt are not much, really. Who would do this, for such little amount...

[Damelon]

Please do not make premature conclusions. After Opticalc's notice I found out that Drexme transferred and sold the coins, but AFAIK he hasn't been questioned about it. Maybe there's a valid reason.

Thank you for your quick reaction.

[Come-from-Beyond]

Maybe there's a valid reason.

Short-selling?