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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761529 times)
jl777
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January 21, 2014, 05:06:39 AM
 #21721

James when do you think Next will hit the magic 0.012?

And how will doge grow in the upcoming weeks?

When the market fully understands that NXT is better than BTC and all the main features are working (or at least credible release date is announced). Basically as soon as NXT marketing gets the message through.

DOGE could become the main crypto, especially if it becomes the currency that all web surfers use as micropayments, eg. tipping. If that is the case, then it could go to its BTC dilution valuation instead of LTC dilution valuation.

BTC dilution valuation is 30 billion DOGE / 12 million BTC = .0004 BTC
LTC dilution valuation is 30 billion DOGE / 25 million LTC = .000833 LTC = ~0.000025 BTC

That a very large price range, so clearly the key to DOGE valuation is if it displaces BTC for significant percentage of what BTC is used for, or if DOGE's new usage is significantly larger than BTC's usage. Still even the low end number is an order of magnitude above current prices. I assess DOGE's upside as second only to NXT, a distant second, but still that's much wow, as the DOGE peoples would say

James

P.S. Caution: There is a chance that DOGE is just a fad and in three months trades significantly below where it is now. You need to keep in mind that DOGE will never get any new features, at least I can't imagine it. This is why NXT is both qualitatively and quantitatively a better investment than DOGE. Personally, I just bought 5 BTC of DOGE yesterday based on my analysis. Overnight triple is a nice gain, but I made a lot more by not selling my NXT!

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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salsacz
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January 21, 2014, 05:08:19 AM
 #21722

this is funny: DGEX is european, all NXT are there stucked, so BTER people from China cannot buy those NXT coming from DGEX.
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January 21, 2014, 05:11:29 AM
 #21723

new alltime high!
.00015 on bter

.00025 here we come

James

Should pass Peercoin in market cap by then  Cool
jl777
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January 21, 2014, 05:13:17 AM
 #21724

definitely big whales

you dont need whales to move this market. a decent sized trout will get that job done.

Cheesy.

I wonder if we will pass up Peercoin in a few hours.

If price stays above .00015 for any length of time, we should get to $150 mil market cap in two days or less

The key is if .00015 becomes support or resistance. It is possible there are many that targeted that price to sell at, but if they all decide to wait to see how high it will go, it will go a lot higher in the short term.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
mercenar1e
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January 21, 2014, 05:14:11 AM
 #21725

what do you guys predict the coin price to be in 1-2 years time?
pandaisftw
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January 21, 2014, 05:15:12 AM
 #21726

Every time I consider selling, the price keeps humping back up.

Guess I should keep considering to sell.

NXT: 13095091276527367030
jl777
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January 21, 2014, 05:18:18 AM
 #21727

The thing I can't figure out is why people are selling on dgex at .0001 when it is .00015 on bter??
Actually it is 0.8 CNY per NXT! We are almost at NXT == CNY!!
This translates to .00016 BTC, since BTC is around 5000 CNY

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
jl777
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January 21, 2014, 05:19:46 AM
 #21728

what do you guys predict the coin price to be in 1-2 years time?

.012 to .1 BTC

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
salsacz
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January 21, 2014, 05:20:09 AM
 #21729

The thing I can't figure out is why people are selling on dgex at .0001 when it is .00015 on bter??
Actually it is 0.8 CNY per NXT! We are almost at NXT == CNY!!
This translates to .00016 BTC, since BTC is around 5000 CNY

James

it is easy, there are still orders from the December... not everyone comes here every day
marcoslopez
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January 21, 2014, 05:21:14 AM
 #21730

Look DGEX is almost empty. Few NXT for selling.


 Shocked Shocked Shocked


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January 21, 2014, 05:21:32 AM
 #21731

When the price of Nxt fell a few weeks ago, people started to panic so I made this video to explain why the price fell and why there is no need to worry....

http://prisonorfreedom.com/5-reasons-why-the-price-of-nextcoin-nxt-fell-on-launch-day-why-i-dont-worry-about-it/

Tai Zen

As of 2014-04-09 I no longer post as "Asian Prepper" and will post under my real name "Tai Zen" to eliminate confusion.

Founder of www.PrisonOrFreedom.com | BTC: 19HHZ1yEimKUYVFM9TkXqd9xwM54jSFrmc | LTC:  LTA99422wieqR1MfWeNxZU5xAsESE9MzW7 | NXT:  17225446755425423638
pandaisftw
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January 21, 2014, 05:21:43 AM
 #21732

The thing I can't figure out is why people are selling on dgex at .0001 when it is .00015 on bter??
Actually it is 0.8 CNY per NXT! We are almost at NXT == CNY!!
This translates to .00016 BTC, since BTC is around 5000 CNY

James

This part I don't get, that's why I asked if we should be concerned Grin

DGEX does seem to be having a bug right now with fractional NXT being sold are not able to be bought. Seems like some pranksters figured out if they bought the (order - 0.1 NXT) they could bypass DGEX's checks. Or maybe it's something else?

NXT: 13095091276527367030
NxtChoice
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January 21, 2014, 05:22:27 AM
 #21733

I am so glad I sold my only one Bitcoin to Beyoncé  Kiss

Congratulations!
jl777
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January 21, 2014, 05:23:01 AM
 #21734

Every time I consider selling, the price keeps humping back up.

Guess I should keep considering to sell.

Short term prices are inherently unpredictable. If you need the cash, sell. Otherwise wait for .000225 to .00025 range
50% gain after making new alltime high is typical crypto price action.

Just make sure to get back in before the down cycle is over. Market timing is something even really smart people can't do very well. Few people can. The most rational thing to do is hold for the long term, selling off only when you absolutely need the cash.

James

http://www.digitalcatallaxy.com/report2015.html
100+ page annual report for SuperNET
Bitventurer
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January 21, 2014, 05:24:13 AM
 #21735

just sent 0.06BTC to poloneix.com
will report here to keep people updated with my experience
at a glance it looks like poloneix is going to be a dgex killer

Bter is the DGEX killer. Wink

i have heard that bter has very restrictive withdrawal limits
100~100000 NXT per day.

its 200K

but  https://bitcointalk.org/index.php?topic=367372.0

SP8DE - The Game of Chance. Changed.
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January 21, 2014, 05:24:40 AM
 #21736


Bter is drying up.... price will explode

dzarmush
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January 21, 2014, 05:25:06 AM
 #21737

The thing I can't figure out is why people are selling on dgex at .0001 when it is .00015 on bter??
Actually it is 0.8 CNY per NXT! We are almost at NXT == CNY!!
This translates to .00016 BTC, since BTC is around 5000 CNY

James

Nobody is selling. There is a glitch. You can't "quick buy" those and you can't create and order with higher price.


coolfish
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January 21, 2014, 05:27:38 AM
 #21738

+35%
Dgex price limits

Nxt:17482068461146780755
pandaisftw
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January 21, 2014, 05:27:42 AM
 #21739

Every time I consider selling, the price keeps humping back up.

Guess I should keep considering to sell.

Short term prices are inherently unpredictable. If you need the cash, sell. Otherwise wait for .000225 to .00025 range
50% gain after making new alltime high is typical crypto price action.

Just make sure to get back in before the down cycle is over. Market timing is something even really smart people can't do very well. Few people can. The most rational thing to do is hold for the long term, selling off only when you absolutely need the cash.

James

Oh yes, I learned my lesson about selling all the way back when I traded bitcoin (wow, I feel old saying that). Hence, I only trade a small portion of my stash (which I keep on the exchange) for short term profits, but I never touch my actually NXT funds in my account.

Wish I had the balls to sell all at the "top", but my wiser self tells me no Grin I've actually resorted to just buying low, and not selling (period) high. I can't lose that way!

NXT: 13095091276527367030
pinarello
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January 21, 2014, 05:28:33 AM
 #21740

definitely big whales

you dont need whales to move this market. a decent sized trout will get that job done.

Cheesy.

I wonder if we will pass up Peercoin in a few hours.

If price stays above .00015 for any length of time, we should get to $150 mil market cap in two days or less

The key is if .00015 becomes support or resistance. It is possible there are many that targeted that price to sell at, but if they all decide to wait to see how high it will go, it will go a lot higher in the short term.

James


make it 0.0002

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