NXT :: descendant of Bitcoin - Updated Information

[nakaone]

Clearly there is a significant pent up demand for NXT.

bter is a nice exchange, but they are a low volume exchange. A small fraction compared to the major Chinese exchanges.

China has the top 6 BTC exchanges and all are usually more active than bitstamp or btc-e. Something like 90% of BTC trading happens in China. Look at http://www.btc123.com/ if you don't believe me.

I doubt everyone who wants to purchase NXT has done so. On the other hand, the last two weeks has probably allowed pretty much everyone that wanted to sell their NXT at yesterday's prices to have done so.

James

The more the Chinese buy NXT now the more they can trade with NXT assets on the distributed exchange when the restrictions on their exchanges come in at the end of the month.

maybe the chinese guys should stress this issue in their coummunites

[NxtChoice]

We have bter the first, and I think btc38, crypsto ...., they are coming

[pinarello]

anyone used the solaris client, is it meant to say
failed to connect to https://127.0.0.1:7875 at bottom right?

you have to start java client also.

Pin

[timmyd]

anyone used the solaris client, is it meant to say
failed to connect to https://127.0.0.1:7875 at bottom right?

you have to start java client also.

Pin

so i have to run nrs at same time? do you have the text required to create a .bat file i could use please/

[pinarello]

where are the FBI calling the Devs of this coin??

I f*cked FBI and this is my official statement.

can we quote you?

oops already did.

Pin

[notsoshifty]

If anyone here has any established contact to the people running bter, please ask them to check nxt account 4266291651692679404 for discrepancies (it would be in their best interests).

EDIT: now resolved

[msin]

anyone got a .bat file for starting nrs? or can paste me the text here to make one. please?

I use: java -jar start.jar :save as in notpad .bat  

If you are running a x64 system, make sure you download the x64 version of Java, otherwise if java is in x86 folder you will have to point to it in your .bat file.

[timmyd]

anyone got a .bat file for starting nrs? or can paste me the text here to make one. please?

I use: java -jar start.jar :save as in notpad .bat  

If you are running a x64 system, make sure you download the x64 version of Java, otherwise if java is in x86 folder you will have to point to it in your .bat file.

cheers pal tyvm

[jl777]

Clearly there is a significant pent up demand for NXT.

bter is a nice exchange, but they are a low volume exchange. A small fraction compared to the major Chinese exchanges.

China has the top 6 BTC exchanges and all are usually more active than bitstamp or btc-e. Something like 90% of BTC trading happens in China. Look at http://www.btc123.com/ if you don't believe me.

I doubt everyone who wants to purchase NXT has done so. On the other hand, the last two weeks has probably allowed pretty much everyone that wanted to sell their NXT at yesterday's prices to have done so.

James

The more the Chinese buy NXT now the more they can trade with NXT assets on the distributed exchange when the restrictions on their exchanges come in at the end of the month.

Looking at the bter trades, it looked like there were a small number of traders that REALLY wanted to buy NXT. The orderbooks at dgex, nxtchg and even ripple were all wiped out (in a good way). This took a bit of time to coordinate and wasn't a spur of the moment impulse buy.

This also means that we can now provide a much easier path to purchasing NXT than before, for ordinary people, especially in China. The big action is in NXT/CNY, current exchange rate is 6.05 CNY/USD and it is pretty stable at that rate. Current price is around .36 CNY -> ~6 cents. The big jump was from the initial mismatch of supply vs demand.

Anyway, now that we have our first NXT/fiat path and reasonably liquid NXT/BTC, we can see what a more accurate current market value for NXT is.

James

[wesleyh]

If anyone here has any established contact to the people running bter, please ask them to check nxt account 4266291651692679404 for discrepancies (it would be in their best interests).

Whose account is that and what is wrong with it according to you?

[allwelder]

I will continue to contact another China exchange platform called BTC38(www.btc38.com) to add Nxt .
May be will have good news recently.

May be there will have good news again.

[notsoshifty]

If anyone here has any established contact to the people running bter, please ask them to check nxt account 4266291651692679404 for discrepancies (it would be in their best interests).

Whose account is that and what is wrong with it according to you?

PM sent.

[S3MKi]

sold 437nxt for 0.27btc

[Damelon]

sold 437nxt for 0.27btc

You lucky SOB!

[pinarello]

sold 50 as test for 0.00028


My Trade History
Date   Type   Pair   Price   Amount   Total
2014-01-18 21:59:56   Sell   NXT/BTC   0.000280 BTC   49.800000 NXT   0.0139 BTC
2014-01-18 21:59:46   Sell   NXT/BTC   0.000280 BTC   0.200000 NXT   0.0001 BTC


Current server time: 2014-01-18 23:12:11 UTC+8

[utopianfuture]

sold 437nxt for 0.27btc

Who's the buyer. You should ask him to average it down. He will surely be a winner eventually 

[Damelon]

sold 50 as test for 0.00028


My Trade History
Date   Type   Pair   Price   Amount   Total
2014-01-18 21:59:56   Sell   NXT/BTC   0.000280 BTC   49.800000 NXT   0.0139 BTC
2014-01-18 21:59:46   Sell   NXT/BTC   0.000280 BTC   0.200000 NXT   0.0001 BTC


Current server time: 2014-01-18 23:12:11 UTC+8

When I come home from work I hope sanity hasn't returned.

[NxtChoice]

http://weibo.com/btc38   announced that they will launch a new cryptocurrency tomorrow 15:30 15:00 (UTC+8), but we don't know which one they will launch.

BTW, I do suggest not send Nxt to those exchanges. The exchange is just a free market and anyone can take party in. We the community can provide technique support if asked. I think there is no paid work for some exchange to p&d. I believe Nxt need to get its success by its innovation.

Edit: BTC38 will open deposit at 14:30.

[hyunsookmom]

Anyone have any answers why the two local hosts for the client might not be working for me after working fine previously?

[wesleyh]

Lots of activity on the blockchain at the moment :-)