NXT :: descendant of Bitcoin - Updated Information

[pinarello]

All,

time to move on. We should all let hear ow voice for uplisting to btc-e.

Pin

btc-e said they won't put it, and that's for the better, since decentralized exchange is in the works anyway.

ok if that is how the community thinks no problem will drop it.

Pin

[1714209088]

1714209088

[1714209088]

1714209088

[1714209088]

1714209088

[mcjavar]

dgex didn't charge you fee to move your coins from your count to your local wallet ...nice

by the way
how much cost this car today?



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nxt : 2325804792485290058

Lol

[ZeroTheGreat]

$4,000 by 73 people is not a lot of risk

Why not? It's nothing to do with absolute numbers. Each one wanna risk some portion of his own capital. And some relative % will be "lower risk", some relative % will be "high risk". For example: Capital $1000, risking $50 or $300 in that summary $4k mean different levels of individual business risk. Math.

[relm9]

Ideas are great but the innovative ones haven't even been developed yet, let alone will they work in practice.

Peercoin is eventually gonna become 99% proof of stake. It's the proof of work there that was in place to ensure a distribution system where anyone can get involved with mining for a couple of years.

This claims to be 100% initial proof of stake, and everyone gets the coins, but how the hell are you gonna distribute these? The excuse, oh they put in a lot of risk ($4,000 by 73 people is not alot of risk).

Whatever greed is going to kill this coin.

A lot has been distributed, when I started looking into NXT I saw at least some of the initial founders sold a huge chunk when prices were going for 0.1 BTC / 100k. Some are just sitting on all their coins, however.

One valid criticism is that the initial distribution could have been improved. 73 founders was too little in my opinion, would have liked to see at least 300 - but I guess it was difficult to get people on board at the time.

[abctc]

Hi everyone,

I've created a new Nxt Faucet, available here:

http://nxtra.org/faucet/

Please test it, I will release the source code of it tomorrow so that anyone can run their own faucet provided they have a node running on their server.

- have tested. Great works! Donations shows up very quick.

[timmyd]

lol 70 people has premined all nxt.
What do you want? only 1-3% is on trade.
97% they hold.
So price is the total bullshit, "Artificial Scarsity".
Market is totally controlled by 70 people, ideas are great but this distributed premine - totally SCUM coin.
Only 1 of them can drop the price to 0.

Now they are selling slowly little %, after some month/year(if nxt will be still alive), they will be close to limite when can loose control, so they will drop the price and buy all coin at cheap price that before they sold.
Haha, nice.
I must say they created the most beatiful scum model i have seen so far in world of crypto coins.
If nxt will be popular in future - at the moment of drop it will be the biggest scum ever, top 1.

Says the guy clearly following doge and catcoin. Please take the time to fully understand what nxt is then come back. U just look silly

[gbeirn]

But oh no, the greedy founders! Giving away $10,000+ (at current market prices).

This is an invalid argument. Without adoption your coins holds zero value.

Exactly! Why would anyone hoard coins that are worth nothing if no one else uses them? It is in everyone's best interest that the coins get distributed.

[laowai80]

By the way, I think someone already is trying to create a clone of NXT, I saw a link, and he is collecting funds now. Why not participate in that project to get huge rewards? Where is that link... someone can find it?

[ferment]

wow, that's impressive ferment, i would also like to donate one more node
in asia or down under (just for fun if it's possible but of course you choose)
because these locations are great ;-)

Sure, it will take 2 minutes to do another one in either data center.

[Damelon]

Can I sum up the last pages of rants as: "IT'S NOT FAIR! WAAAAH!"?

Nobody is forcing you to buy it. So don't.

I invested halfway and am sorry to not have been a part earlier because, yes, I'd have made big winnings.

I didn't and nothing is going to change that. So my profits (if I dumped now) will always be lower than the early birds. Tough shit.

Suck it up and go do trading on an exchange. Plenty of room to earn some money there.

But, OH NO, that means taking a risk and investing!

Maybe you should just stick to putting your money in the bank and getting some interest.

[wakasaki808]

By the way, I think someone already is trying to create a clone of NXT, I saw a link, and he is collecting funds now. Why not participate in that project to get huge rewards? Where is that link... someone can find it?

It's called VisaCoin(lol?)...seems so fishy...but I am following it now.

[yuriygeorge]

Ideas are great but the innovative ones haven't even been developed yet, let alone will they work in practice.

Peercoin is eventually gonna become 99% proof of stake. It's the proof of work there that was in place to ensure a distribution system where anyone can get involved with mining for a couple of years.

This claims to be 100% initial proof of stake, and everyone gets the coins, but how the hell are you gonna distribute these? The excuse, oh they put in a lot of risk ($4,000 by 73 people is not alot of risk).

Whatever greed is going to kill this coin.

The thing I hate about PoW is the way it works which is why I mostly invest in coins in hopes of future gains (just like any investment). As I stated before, I was in DOGE from the real early days and gained a massive 30k DOGE after 2 full days of mining while others gained millions of coins. Its what happens to the people that don't have a mining rig, and mine on their home computer or use an Nvidia Card.

There is always a point of investment somewhere in the line. Remember TINSTAAFL (There is No Such Thing As a Free Lunch).

I guess some are interested in making a killing, others are also interested in a legit/open/transparent/efficient currency system that is superior or at least adds competition to our current currency system today. Despite its innovation (which is yet to be seen/proven) if the coins remain undistributed and at a 500-600,000% price premium to original $4,000 invested, then we will see lots of panic. Can't wait for that. Getting the popcorn ready.

[gbeirn]

Ideas are great but the innovative ones haven't even been developed yet, let alone will they work in practice.

Peercoin is eventually gonna become 99% proof of stake. It's the proof of work there that was in place to ensure a distribution system where anyone can get involved with mining for a couple of years.

This claims to be 100% initial proof of stake, and everyone gets the coins, but how the hell are you gonna distribute these? The excuse, oh they put in a lot of risk ($4,000 by 73 people is not alot of risk).

Whatever greed is going to kill this coin.

A lot has been distributed, when I started looking into NXT I saw at least some of the initial founders sold a huge chunk when prices were going for 0.1 BTC / 100k. Some are just sitting on all their coins, however.

One valid criticism is that the initial distribution could have been improved. 73 founders was too little in my opinion, would have liked to see at least 300 - but I guess it was difficult to get people on board at the time.

No one else wanted to contribute

[ZeroTheGreat]

But oh no, the greedy founders! Giving away $10,000+ (at current market prices).

This is an invalid argument. Without adoption your coins holds zero value.

Agree on that. It's very complex system of value as I can recall.

[laowai80]

By the way, I think someone already is trying to create a clone of NXT, I saw a link, and he is collecting funds now. Why not participate in that project to get huge rewards? Where is that link... someone can find it?

It's called VisaCoin(lol?)...seems so fishy...but I am following it now.

I think yuriygeorge needs to become stakeholder in VisaCoin and get his 600 000%, what do you guys think?

here I found the link:
https://bitcointalk.org/index.php?topic=384097.0

[PeercoinEnthusiast]

Some people are destined to sit on the sidelines of life and tell you why things shouldn't work.

*yawn*

[ZeroTheGreat]

Some people are destined to sit on the sidelines of life and tell you why things shouldn't work.

Life masters(-lomasters)   For that kind of idea (and timing) 6kx for origin price not so suprising, I'm expecting much more in long term.

[gbeirn]

Some people are destined to sit on the sidelines of life and tell you why things shouldn't work.

Life masters(-lomasters)   For that kind of idea (and timing) 6kx for origin price not so suprising, I'm expecting much more in long term.

Someone at some point post a cron job to restart the Java process, does anyone know where that went. I for the life of me, can't find it.

[wesleyh]

Some people are destined to sit on the sidelines of life and tell you why things shouldn't work.

Life masters(-lomasters)   For that kind of idea (and timing) 6kx for origin price not so suprising, I'm expecting much more in long term.

Someone at some point post a cron job to restart the Java process, does anyone know where that went. I for the life of me, can't find it.

search for supervisor / supervisorctl

[yuriygeorge]

Some people are destined to sit on the sidelines of life and tell you why things shouldn't work.

Life masters(-lomasters)   For that kind of idea (and timing) 6kx for origin price not so suprising, I'm expecting much more in long term.

What idea are you talking about? 100% proof of stake? Peercoin will be 99-100% proof of stake too down the road, it's just they wanted to have a better distribution system. And Peercoin is open source and proven technology. Really, 6kx the price?

Colored coins? Distributed Exchange? These things haven't even been developed yet, or let alone will they work in practice. If they worked right out of the box, and it was open source, then I could see paying 6kx the value.

And for your information, I'm not sitting on the sidelines, I have a little invested, and would want to invest more, but at this point it's pure speculation.