landomata
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Activity: 2184
Merit: 1000
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December 29, 2013, 07:59:21 PM |
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NXT is ahead of Namecoin on trade volume now, on #4 spot.
How could it NOT be? ...they 're sucking them up at dirt cheap prices! Ripple doesn't exist....it's half the volume of Quark
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Come-from-Beyond
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Activity: 2142
Merit: 1009
Newbie
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December 29, 2013, 08:16:55 PM |
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Are all these individuals anonymous or do we have a public figurehead here? Someone like Gavin for Bitcoin rather than BCNext acting as Satoshi.
I'm not anonymous. Google will help u to find my real name.
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Come-from-Beyond
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December 29, 2013, 08:17:41 PM |
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Good catch, I overlooked this
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ZeroTheGreat
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December 29, 2013, 08:18:01 PM |
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Here is an example
I want to run a business. I issue an asset (let's call it Krusty Krab tokens - KKT). I set quantity of KKT to 1000. I announce that I sell KKT for 20 NXT each and pay 5 NXT monthly interest within next 6 months. I create an ask order -- 1000 KKT for 20,000 NXT. You create a transaction that sends me 500 NXT for 25 KKT. It's up to you what to do with your 25 KKT (you can place an ask order and sell them for 27 NXT) but each month I will check the blockchain to see who owns KKT. And I will send 5 NXT for each KKT to those who owns them.
Hmm, in that case annual cleaning can create some problems, am I right? Big businesses creating plans for tens of years.
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Come-from-Beyond
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December 29, 2013, 08:18:42 PM Last edit: December 29, 2013, 08:30:43 PM by Come-from-Beyond |
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But - BCNext - Come-From-Beyond - Jean Luc belong to the paid Core, while othes are only activists
Jean-Luc does NOT belong to the paid core.
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brooklynbtc
Sr. Member
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Activity: 336
Merit: 250
AKA jefdiesel
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December 29, 2013, 08:21:59 PM |
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sunday really is the best day for crypto currency excitement. nxt is in full swing on dgex today. waiting for it dip back under .00006 to nab some more
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yuriygeorge
Sr. Member
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Activity: 262
Merit: 250
I hate my family
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December 29, 2013, 08:23:19 PM |
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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.
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pinarello
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Activity: 266
Merit: 100
NXT is the future
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December 29, 2013, 08:24:59 PM |
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Are all these individuals anonymous or do we have a public figurehead here? Someone like Gavin for Bitcoin rather than BCNext acting as Satoshi.
I'm not anonymous. Google will help u to find my real name. I have googled it ... https://www.dropbox.com/s/4hv7ghkaziuwf0b/CfB.jpgPin
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Come-from-Beyond
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Activity: 2142
Merit: 1009
Newbie
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December 29, 2013, 08:27:20 PM |
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NXT is ahead of Namecoin on trade volume now, on #4 spot.
Looking at price I assume stakeholders r selling a lot of NXTs now
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ZeroTheGreat
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December 29, 2013, 08:28:08 PM |
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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. Keep up a good work.
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Come-from-Beyond
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December 29, 2013, 08:28:12 PM |
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utopianfuture
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Activity: 602
Merit: 268
Internet of Value
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December 29, 2013, 08:30:11 PM |
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NXT is ahead of Namecoin on trade volume now, on #4 spot.
Looking at price I assume stakeholders r selling a lot of NXTs now So far so good.
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Come-from-Beyond
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December 29, 2013, 08:30:15 PM |
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Hmm, in that case annual cleaning can create some problems, am I right? Big businesses creating plans for tens of years.
The shrinking doesn't erase all the data. Also Service Providers will keep all blockchains.
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Damelon
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December 29, 2013, 08:30:39 PM |
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My number is around 1000x, so that would mean a price of about .000021-.00004.
Stop waiting for the same price as I am!
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Anon136
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December 29, 2013, 08:31:44 PM |
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NXT is ahead of Namecoin on trade volume now, on #4 spot.
Looking at price I assume stakeholders r selling a lot of NXTs now thats what im thinking because its not as if interest is dying down, or ddos is winning, or terrible flaw is found, or faith is being lost. this development makes me very happy. this is coming from increased supply not reduced demand. i hope the stake holders do not sell into buy walls but rather to just put up their own monster sell walls.
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Rep Thread: https://bitcointalk.org/index.php?topic=381041If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited?
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brooklynbtc
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Activity: 336
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AKA jefdiesel
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December 29, 2013, 08:33:09 PM |
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I sunk 1 more Btc in today, bought all under 0.00006 so not bad. Thanks to the shareholders, or whoever is helping out with nice prices.
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TwinWinNerD
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CEO Bitpanda.com
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December 29, 2013, 08:35:29 PM |
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im not so sure it is stakeholders that are selling. The volume is quite low, and many bots are marketmaking the huge spreads. So it could be just random walk, but who knows, i for one enjoy the newfound prices
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ZeroTheGreat
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December 29, 2013, 08:36:14 PM |
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Hmm, in that case annual cleaning can create some problems, am I right? Big businesses creating plans for tens of years.
The shrinking doesn't erase all the data. Also Service Providers will keep all blockchains. I see.
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S3MKi
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December 29, 2013, 08:48:39 PM |
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nice price nxt to da ground?
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bitcoinrocks
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Activity: 1372
Merit: 1000
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December 29, 2013, 08:52:31 PM |
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i hope the stake holders do not sell into buy walls but rather to just put up their own monster sell walls. Can anyone explain to me how that works? I understand the order book but I always just buy at market.
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