NXT :: descendant of Bitcoin - Updated Information

[salsacz]

Number of lost Nxt:

if DGEX says he lost 800k Nxt and he owns 80 Mega, it means 1% of Nxt is probably lost: 10 Millions

[Sondey10mg]

So, you premined 100% and still don't do a giveaway?

So, you decided you would come in, spout your opinion and ask for a giveaway?

Not asking for a giveaway. Just questioning your marketing strategies

If you'd done some research, you'd know that there have been giveaways and there still are loads of bounties for people who contribute.

You'd also know that the word "mine" doesn't apply here.

I did know that. I did my research. Still don't think that's sufficient

[nexern]

Number of lost Nxt:

if DGEX says he lost 800k Nxt and he owns 80 Mega, it means 1% of Nxt is probably lost: 10 Millions

some days ago i calculated the possible hiberNXT amount.
while it is difficult to calculate this (you have to set additional filters)
the rough amount was: 16 - 21m nxt.

no public key, only one transaction.
of course they could be very cold storages too.  

ps: if you remove the one transation filter but keep the no public key, the amount was 160m
but it is unlikly that an account with more than 1 transaction is a lost transaction, even if this
account has no pk.

[Damelon]

So, you premined 100% and still don't do a giveaway?

So, you decided you would come in, spout your opinion and ask for a giveaway?

Not asking for a giveaway. Just questioning your marketing strategies

If you'd done some research, you'd know that there have been giveaways and there still are loads of bounties for people who contribute.

You'd also know that the word "mine" doesn't apply here.

I did know that. I did my research. Still don't think that's sufficient

I have been thinking about that last sentence, and the only answer I can come up with is: "So, how do you propose to solve that? Force people to give it away?"
Or is it basically just a statement that means to say "I disapprove"?

[salsacz]

Edit, here are actual numbers:

51,189,348 is owned by 1 accounts
101,194,537 is owned by 2 accounts
151,072,364 is owned by 3 accounts
228,626,667 is owned by 5 accounts
255,359,863 is owned by 6 accounts
307,218,909 is owned by 8 accounts
358,888,187 is owned by 11 accounts
411,719,731 is owned by 15 accounts
455,177,139 is owned by 19 accounts
504,908,228 is owned by 24 accounts
551,807,211 is owned by 29 accounts
602,199,198 is owned by 35 accounts
651,455,247 is owned by 43 accounts
700,721,264 is owned by 54 accounts
750,533,260 is owned by 76 accounts
800,590,952 is owned by 120 accounts
850,100,705 is owned by 192 accounts
900,030,899 is owned by 538 accounts

Would you add numbers?
Number of Accounts with 10.000 Nxt+
Number of Accounts with 100.000 Nxt+
Number of Accounts with 1000.000 Nxt+

I recalculated your table to compare it with Btc:

289 million Nxt is owned by: 7 accounts
215 million Nxt is owned by: 14 accounts
248 million Nxt is owned by: 55 accounts
207 million Nxt is owned by: 10.000 accounts
Lost: 5.000.000 Nxt

BTC:
28.9% 47 individuals
21.5% 880 individuals
24.8% 10.000 individuals
20.7% 1 million individuals

But still, is there a chance to get easy answer to this:

Number of Accounts with 1.000 Nxt
Number of Accounts with 10.000 Nxt
Number of Accounts with 100.000 Nxt
Number of Accounts with 1000.000 Nxt
Number of Accounts with 10.000.000 Nxt -this is easy
Number of Accounts with 100.000.000 Nxt - this too

[salsacz]

So, you premined 100% and still don't do a giveaway?

So, you decided you would come in, spout your opinion and ask for a giveaway?

Not asking for a giveaway. Just questioning your marketing strategies

If you'd done some research, you'd know that there have been giveaways and there still are loads of bounties for people who contribute.

You'd also know that the word "mine" doesn't apply here.

I did know that. I did my research. Still don't think that's sufficient

https://bitcointalk.org/index.php?topic=385408.0
Topic: Anon136's NXT Giveaway Thread (weighted by forum notoriety)  (Read 3088 times)

[Lubliana]

After listening to your criticism I decided to reduce the BTC withdrawal fee to 0.0001 BTC (just enough to cover the cost of the transfer)

Please reconsider using NewAltEx.com

Thank you

[Sondey10mg]

So, you premined 100% and still don't do a giveaway?

So, you decided you would come in, spout your opinion and ask for a giveaway?

Not asking for a giveaway. Just questioning your marketing strategies

If you'd done some research, you'd know that there have been giveaways and there still are loads of bounties for people who contribute.

You'd also know that the word "mine" doesn't apply here.

I did know that. I did my research. Still don't think that's sufficient

I have been thinking about that last sentence, and the only answer I can come up with is: "So, how do you propose to solve that? Force people to give it away?"
Or is it basically just a statement that means to say "I disapprove"?

The people who hold the big load should give more away, yes. That's the only way 'the masses' will approve of this coin. As long as a few people hold 90% of the coins, this won't work.

[Sondey10mg]

So, you premined 100% and still don't do a giveaway?

So, you decided you would come in, spout your opinion and ask for a giveaway?

Not asking for a giveaway. Just questioning your marketing strategies

If you'd done some research, you'd know that there have been giveaways and there still are loads of bounties for people who contribute.

You'd also know that the word "mine" doesn't apply here.

I did know that. I did my research. Still don't think that's sufficient

https://bitcointalk.org/index.php?topic=385408.0
Topic: Anon136's NXT Giveaway Thread (weighted by forum notoriety)  (Read 3088 times)

ty! Should post it in OP though

[Patel]

The people who hold the big load should give more away, yes. That's the only way 'the masses' will approve of this coin. As long as a few people hold 90% of the coins, this won't work.

Sounds like your not keeping up with distribution updates, and posting without actually doing research.

90% of the coins are not held by a few people anymore. Its more like 40% now, and lowering.

[salsacz]

So, you premined 100% and still don't do a giveaway?

So, you decided you would come in, spout your opinion and ask for a giveaway?

Not asking for a giveaway. Just questioning your marketing strategies

If you'd done some research, you'd know that there have been giveaways and there still are loads of bounties for people who contribute.

You'd also know that the word "mine" doesn't apply here.

I did know that. I did my research. Still don't think that's sufficient

I have been thinking about that last sentence, and the only answer I can come up with is: "So, how do you propose to solve that? Force people to give it away?"
Or is it basically just a statement that means to say "I disapprove"?

The people who hold the big load should give more away, yes. That's the only way 'the masses' will approve of this coin. As long as a few people hold 90% of the coins, this won't work.

and then one cheater came, created 70 accounts and gatheret 35.000 nxt with them in generous giveaways... not cool

[utopianfuture]

After listening to your criticism I decided to reduce the BTC withdrawal fee to 0.0001 BTC (just enough to cover the cost of the transfer)

Please reconsider using NewAltEx.com

Thank you

The business of currency exchange is not easy, and even more so as you are a late entrant. You would probably need a market maker initially. And you would have to spend money upfront on attracting users if you want a piece of market share over the long-term.

[salsacz]

The people who hold the big load should give more away, yes. That's the only way 'the masses' will approve of this coin. As long as a few people hold 90% of the coins, this won't work.

Sounds like your not keeping up with distribution updates, and posting without actually doing research.

90% of the coins are not held by a few people anymore. Its more like 40% now, and lowering.

900 million  is owned by 246 accounts

[utopianfuture]

So, you premined 100% and still don't do a giveaway?

So, you decided you would come in, spout your opinion and ask for a giveaway?

Not asking for a giveaway. Just questioning your marketing strategies

If you'd done some research, you'd know that there have been giveaways and there still are loads of bounties for people who contribute.

You'd also know that the word "mine" doesn't apply here.

I did know that. I did my research. Still don't think that's sufficient

I have been thinking about that last sentence, and the only answer I can come up with is: "So, how do you propose to solve that? Force people to give it away?"
Or is it basically just a statement that means to say "I disapprove"?

The people who hold the big load should give more away, yes. That's the only way 'the masses' will approve of this coin. As long as a few people hold 90% of the coins, this won't work.

First of all, NXT is not a coin. Second of all, thank you for your competent opinion.

[Lubliana]

After listening to your criticism I decided to reduce the BTC withdrawal fee to 0.0001 BTC (just enough to cover the cost of the transfer)

Please reconsider using NewAltEx.com

Thank you

The business of currency exchange is not easy, and even more so as you are a late entrant. You would probably need a market maker initially. And you would have to spend money upfront on attracting users if you want a piece of market share over the long-term.

The only serious competitor right now is DGEX and they charge a huge fee for withdrawals, especially instant withdrawals - I don't

I'm offering a similar trading platform with competitive fees, help stabilize the currency / make market manipulation harder.

I can list 10 more reasons for people to start using NewAltEx.com, I just hope they will give the exchange a try.

[heskey]

HELP! I sent coins from nxtchg to my dgex account, and now Im asked to input which address I sent from. The problem is I cant find any account address on nxtchg! If I click on withdrawals and then on the order I get the following information:

Sent to: 6635869272840226493

Transaction: 12886460838448628559

Time: 11 Jan 2014, 18:08:15

Does "Transaction" mean sender address? Its 20 digits long while the "sent to" address is 19..?

Getting a bit sweaty over here!

[Secondleo]

Why global adoption is not an option.
A very good read as of why inflationary currencies are far from perfect, but the smaller evil compared to deflationary.

http://www.tuicool.com/articles/2qayYjb

And like the author, I am a fan of cryptos. The limited supply type just has some fundamental flaws.

[Damelon]

HELP! I sent coins from nxtchg to my dgex account, and now Im asked to input which address I sent from. The problem is I cant find any account address on nxtchg! If I click on withdrawals and then on the order I get the following information:

Sent to: 6635869272840226493

Transaction: 12886460838448628559

Time: 11 Jan 2014, 18:08:15

Does "Transaction" mean sender address? Its 20 digits long while the "sent to" address is 19..?

Getting a bit sweaty over here!

Have you tried the nxtchg thread on nxtcrypto already? https://forums.nxtcrypto.org/viewtopic.php?f=11&t=330

I just checked and the owner of that site hasn't logged into the forums for two days. I hope you get it sorted.

Edit: by the way, "Transaction" means the actual transaction: you can check it in the blockchain explorer by filling in that number http://87.230.14.1/nxt/nxt.cgi?action=100

[pinarello]

HELP! I sent coins from nxtchg to my dgex account, and now Im asked to input which address I sent from. The problem is I cant find any account address on nxtchg! If I click on withdrawals and then on the order I get the following information:

Sent to: 6635869272840226493

Transaction: 12886460838448628559

Time: 11 Jan 2014, 18:08:15

Does "Transaction" mean sender address? Its 20 digits long while the "sent to" address is 19..?

Getting a bit sweaty over here!

3283108578452123518

TRANSACTION   :   12886460838448628559
» Timestamp   :   11.01.2014 19:07:51
» Block   :   17540477769720827732
» Amount   :   15636
» Fee   :   3
» Confirmations   :   3
» Deadline   :   1440
» Sender   :   3283108578452123518
» Recipient   :   6635869272840226493
» Signature | d52b2a26a3b757cb12ec22185a807af7c36bfcbfcc690d4226e28bdebcf93d0627fe4748c950951 787e3e19cbcb4b58ffdc04268b291add7f170eb9fb0fc0445

[utopianfuture]

Why global adoption is not an option.
A very good read as of why inflationary currencies are far from perfect, but the smaller evil compared to deflationary.

http://www.tuicool.com/articles/2qayYjb

And like the author, I am a fan of cryptos. The limited supply type just has some fundamental flaws.

It is just very common misunderstanding and flawed logic people make regarding crypto currencies such as Bitcoin or NXT. No serious crypto supporter said Bitcoin can entirely replace fiat currencies. Here what i often tell others, Bitcoin just need to replace 1% of the total global usage of fiat currency and banking system, it is already worth at least 100K $ / per coin, and it goes up from there.
When Bitcoin is only 1% of the total fiat, the debate of deflation is very moot point. It just doesn't matter for the economic functioning of the global economy.