NXT :: descendant of Bitcoin - Updated Information

[rickyjames]

Every computer running NRS will show up eventually as long as they aren't behind a NAT. The reason for all the nodes we setup is to ensure there are a steady supply of nodes that are full open and accessible to everyone (i.e. not behind a NAT/firewall, running 24x7)

I dunno about this.  I've been watching to see this happen and what I'm getting is a lot more known peers changing from green flags to red flags (going from connected to disconnected) than new green flags "showing up eventually".   Currently I've got 420 known peers, 65 active peers, and of these, only 22 are showing green flag - connected.  The vast majority (43, almost two thirds) are showing disconnected - so why are they on an active peer list at all?

[pinarello]

can anybody provide a detailed solution guide to the "Matrix Has You" problem? I added my ip to several other ip's present in the "allowedUserHosts" param still got me scratching my head and several other users are asking me for a solution on fb too.

wil make a vid

Pin

[Framewood]

Yeah, I nearly blacked out  I't one of those curve balls life likes to throw at you when you are on a high just to bring you back to earth.

Where did u get that NRS version from? U should show it to a Java developer, binaries can be easily decompiled and HTML-files r very easy to read. Maybe some kind of trojan?

I downloaded it from this thread. I have been following you guys for a while fighting the ddos. I scanned my computer etc and it is fine. My home network is secure. I did the transaction on my new Surface Pro 2 which is only a month old. I don't think there is a trojan or virus. I've been in IT for 28 years as a developer and taught IT at a university for 10 years so not a noob. I  think it was a memory issue. I remember having to click the back button during the transaction because of a lag and then going through with a completed transaction. I think it was some sort of memory corruption either in the client or Windows (crap). I usually work on Linux, mac or chromeos. Someone needs to build something that will work on chromeos

[garp]

Just a friendly reminder for those that are just looking to buy NxT coins. I recommend waiting for the price to stabilize! See for yourself:

1,000,000,000 (1 billion) initial coins
73 initial adopters
so roughly 13.7 Million each (assume equal distribution)
at 21 BTC Total
0.000000021 BTC per coin

current market rate is about 0.0001 (4700x)

To those who are buying these coins now... most of the coins are being hoarded, so you can only buy them on the market for 4700x or 470,000% of what all of the 1 billion coins were paid for at genesis. And people are buying, sadly, without looking at these figures. Remember - all BILLION coins are already out in circulation, and no more will be generated. All BILLION coins were bought originally for 21 BTC in total, or about $4,000 worth.

To give you an idea, someone is selling 1.8M coins (.18% of all coins circulated, that were bought for 21 BTC) for 180 BTC. If this is an early adopter (may not be), then he would have bought the same 1.8M coins for less than .04 BTC, but now is asking 180 BTC in just 1-2 months. Also, BTC is worth 6-7 more now in USD than at genesis.

I LIKE this coin, and its potential, but I don't like the price it's at, and the greed that the price is showing. So PLEASE, stop and check the math out yourself, and ask what this coin is worth.

I recommend new NxTers to stop buying these coins so high, and bringing the price even higher. Wait for some original investors to sell and distribute, and buy them at the dip. Thank you.

NXT: 6933627427271736687

I understand you want to buy lower, we all do.

But basic economics still apply: that price will not drop below what is offered by whoever. Potential gains of others are not a factor as long as they don't take action.
When the price rises, others might sell. Might, if they think the probability of further price increase drops. Supply-demand always works price stabilizing.

EDIT: haha, dropped 20% during the time of writing the message

[brooklynbtc]

Just a friendly reminder for those that are just looking to buy NxT coins. I recommend waiting for the price to stabilize! See for yourself:

1,000,000,000 (1 billion) initial coins
73 initial adopters
so roughly 13.7 Million each (assume equal distribution)
at 21 BTC Total
0.000000021 BTC per coin

current market rate is about 0.0001 (4700x)

To those who are buying these coins now... most of the coins are being hoarded, so you can only buy them on the market for 4700x or 470,000% of what all of the 1 billion coins were paid for at genesis. And people are buying, sadly, without looking at these figures. Remember - all BILLION coins are already out in circulation, and no more will be generated. All BILLION coins were bought originally for 21 BTC in total, or about $4,000 worth.

To give you an idea, someone is selling 1.8M coins (.18% of all coins circulated, that were bought for 21 BTC) for 180 BTC. If this is an early adopter (may not be), then he would have bought the same 1.8M coins for less than .04 BTC, but now is asking 180 BTC in just 1-2 months. Also, BTC is worth 6-7 more now in USD than at genesis.

I LIKE this coin, and its potential, but I don't like the price it's at, and the greed that the price is showing. So PLEASE, stop and check the math out yourself, and ask what this coin is worth.

I recommend new NxTers to stop buying these coins so high, and bringing the price even higher. Wait for some original investors to sell and distribute, and buy them at the dip. Thank you.

NXT: 6933627427271736687

I understand you want to buy lower, we all do.

But basic economics still apply: that price will not drop below what is offered by whoever. Potential gains of others are not a factor as long as they don't take action.
When the price rises, others might sell. Might, if they think the probability of further price increase drops. Supply-demand always works price stabilizing.

I think Yuri is trying to convince us all to sell him cheap coins. Actually, me too!

[yuriygeorge]

Just a friendly reminder for those that are just looking to buy NxT coins. I recommend waiting for the price to stabilize! See for yourself:

1,000,000,000 (1 billion) initial coins
73 initial adopters
so roughly 13.7 Million each (assume equal distribution)
at 21 BTC Total
0.000000021 BTC per coin

current market rate is about 0.0001 (4700x)

To those who are buying these coins now... most of the coins are being hoarded, so you can only buy them on the market for 4700x or 470,000% of what all of the 1 billion coins were paid for at genesis. And people are buying, sadly, without looking at these figures. Remember - all BILLION coins are already out in circulation, and no more will be generated. All BILLION coins were bought originally for 21 BTC in total, or about $4,000 worth.

To give you an idea, someone is selling 1.8M coins (.18% of all coins circulated, that were bought for 21 BTC) for 180 BTC. If this is an early adopter (may not be), then he would have bought the same 1.8M coins for less than .04 BTC, but now is asking 180 BTC in just 1-2 months. Also, BTC is worth 6-7 more now in USD than at genesis.

I LIKE this coin, and its potential, but I don't like the price it's at, and the greed that the price is showing. So PLEASE, stop and check the math out yourself, and ask what this coin is worth.

I recommend new NxTers to stop buying these coins so high, and bringing the price even higher. Wait for some original investors to sell and distribute, and buy them at the dip. Thank you.

NXT: 6933627427271736687

I understand you want to buy lower, we all do.

But basic economics still apply: that price will not drop below what is offered by whoever. Potential gains of others are not a factor as long as they don't take action.
When the price rises, others might sell. Might, if they think the probability of further price increase drops. Supply-demand always works price stabilizing.

EDIT: haha, dropped 20% during the time of writing the message

Yeah, well if there's no demand (people buying up at a high price), then those who want to sell will have to offer less. basic economics.

[yuriygeorge]

Just a friendly reminder for those that are just looking to buy NxT coins. I recommend waiting for the price to stabilize! See for yourself:

1,000,000,000 (1 billion) initial coins
73 initial adopters
so roughly 13.7 Million each (assume equal distribution)
at 21 BTC Total
0.000000021 BTC per coin

current market rate is about 0.0001 (4700x)

To those who are buying these coins now... most of the coins are being hoarded, so you can only buy them on the market for 4700x or 470,000% of what all of the 1 billion coins were paid for at genesis. And people are buying, sadly, without looking at these figures. Remember - all BILLION coins are already out in circulation, and no more will be generated. All BILLION coins were bought originally for 21 BTC in total, or about $4,000 worth.

To give you an idea, someone is selling 1.8M coins (.18% of all coins circulated, that were bought for 21 BTC) for 180 BTC. If this is an early adopter (may not be), then he would have bought the same 1.8M coins for less than .04 BTC, but now is asking 180 BTC in just 1-2 months. Also, BTC is worth 6-7 more now in USD than at genesis.

I LIKE this coin, and its potential, but I don't like the price it's at, and the greed that the price is showing. So PLEASE, stop and check the math out yourself, and ask what this coin is worth.

I recommend new NxTers to stop buying these coins so high, and bringing the price even higher. Wait for some original investors to sell and distribute, and buy them at the dip. Thank you.

NXT: 6933627427271736687

I understand you want to buy lower, we all do.

But basic economics still apply: that price will not drop below what is offered by whoever. Potential gains of others are not a factor as long as they don't take action.
When the price rises, others might sell. Might, if they think the probability of further price increase drops. Supply-demand always works price stabilizing.

I think Yuri is trying to convince us all to sell him cheap coins. Actually, me too!

Cheap coins? If that's what you call them. I don't want to pay 6000x what the guy selling them to me paid for them 1-2 months ago.

[rickyjames]

Cheap coins? If that's what you call them. I don't want to pay 6000x what the guy selling them to me paid for them 1-2 months ago.

As you wish.  Please step aside and let the buyer who is willing to do so come thru...

[yuriygeorge]

Cheap coins? If that's what you call them. I don't want to pay 6000x what the guy selling them to me paid for them 1-2 months ago.

As you wish.  Please step aside and let the foolish buyer who is willing to do so come thru...

The same foolish buyer that will be panic selling them.

[yuriygeorge]

Cheap coins? If that's what you call them. I don't want to pay 6000x what the guy selling them to me paid for them 1-2 months ago.

Don't buy then, simple as that. Time will come that you look at 10000x, then 20000x and so on. Not everybody can be a day one early adopter. Life goes on, new opportunities arise.

I am buying them, I think this idea has potential. But I've only invested about 10% of what I would ideally like to invest. But not at this price.

[instacalm]

Cheap coins? If that's what you call them. I don't want to pay 6000x what the guy selling them to me paid for them 1-2 months ago.

Don't buy then, simple as that. Time will come that you look at 10000x, then 20000x and so on. Not everybody can be a day one early adopter. Life goes on, new opportunities arise. If you're looking to stock up cheaper, wait for price falls and go ahead. No need to blabla

[davethetrousers]

Also, theres so much that needs to be wiki'd here. man alive.
... rasp pi ...

If it hasn't been done already by tomorrow, I can attempt a unified writeup on that matter.

[pandaisftw]

Cheap coins? If that's what you call them. I don't want to pay 6000x what the guy selling them to me paid for them 1-2 months ago.

Don't buy then, simple as that. Time will come that you look at 10000x, then 20000x and so on. Not everybody can be a day one early adopter. Life goes on, new opportunities arise.

I am buying them, I think this idea has potential. But I've only invested about 10% of what I would ideally like to invest. But not at this price.

You know, there was another guy exactly like you when the price was 0.00001, saying that he thought 0.000005 was more fair. Well guess what, it went up 7-10x since

Or maybe that was you?

[marcus03]

In continuation of the announcement that we r looking for more Nxt core devs, there are features we r planning to implement till block 525960 (in alphabetical order):

- Alias System (done)
- Arbitrary Messages (partially)
- Asset Exchange (done)
- Distributed Computing (concept not ready)
- Distributed Storage
- Instant Transactions (requires peer review)
- Mixing Service (concept not ready)
- Multisignatures
- Service Providers
- Shrinking
- Smart Contracts (concept not ready)
- Transparent Mining (partially)
- Two-phase Payments
- Voting System
- some non-revealed features

I'd like to get ur opinions what features should be implemented in the 1st place.

Looks like we need a voting system... ;-)

Seriously:

1.) to 10.) Anything that prevents people accidentially loosing NXT (multisignature?, two-phase payments?, Google Authenticator support, enforcing long and strong account passwords in the client, etc.) - the current implementation might quickly give NXT a bad reputation in the media.
11.) Asset Exchange (lower the entry level to invest - dgex.com did a nice job for me and lots of others, but I guess it scares quite a few people away)
12.) Instant Transactions (killer feature)
13.) "Proof-of-Node" in addition to PoS (earn fees by running a public node, so we get a large and stable network)

[Come-from-Beyond]

13.) "Proof-of-Node" in addition to PoS (earn fees by running a public node, so we get a large and stable network)

This belongs to Service Providers. BCNext's plan was to subsidize public nodes and then implement Service Providing to keep the nodes profitable.

[greyw00lf]

btw. running client 0.4.7e for about 48 hours now on xubuntu 12.04 without any problems! Nice

I even had some disconnections of my internet connection, didn't bother the NXT client, synced up pretty fast!

[pinarello]

Did anyone see this video !!!

about nxt

http://www.youtube.com/watch?v=GG_E47oQpT0

Pin

[garp]

Yeah, well if there's no demand (people buying up at a high price), then those who want to sell will have to offer less. basic economics.

There's only one important word in your statement: if

[Damelon]

I find it amusing that the very fact that people keep yelling: "the price should go down, I want to buy!" is basically what is keeping prices up. 
 

[idev]

In continuation of the announcement that we r looking for more Nxt core devs, there are features we r planning to implement till block 525960 (in alphabetical order):

- Alias System (done)
- Arbitrary Messages (partially)
- Asset Exchange (done)
- Distributed Computing (concept not ready)
- Distributed Storage
- Instant Transactions (requires peer review)
- Mixing Service (concept not ready)
- Multisignatures
- Service Providers
- Shrinking
- Smart Contracts (concept not ready)
- Transparent Mining (partially)
- Two-phase Payments
- Voting System
- some non-revealed features

I'd like to get ur opinions what features should be implemented in the 1st place.

Can't we put this in it's own thread with a poll so members can vote and express their opinions on the upcoming features.