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Author Topic: NXT :: descendant of Bitcoin - Updated Information  (Read 2761737 times)
Adamlm
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January 21, 2014, 07:27:26 AM
 #21741

I have set up nxt on VPS (digital ocean Debian 7.0 64) and use the GUI locally from my home PC, it shows "recent blocks [-1336]", but the last block is just few minutes ago (46455), so I assume it's ok. Is it correct?

Anon136
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January 21, 2014, 07:27:34 AM
 #21742

hey cfb good to see you. did you see? adam b levine has a nxt address 2976219914929693803

Great news. What about the other guys?

It's an exchange address so don't send any NXT to it.

I also think it's a bad idea to try and "bribe" Adam with NXT - I think he is likely to write about it anyway so sending him NXT to do so just looks "desperate" for publicity.



Well I did try to bribe him into reading the paper I wrote. But there was no condition on the nxt other than reading the paper. I made it very clear that he was free to sell it the moment he got it if that was his preference.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
allwelder
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January 21, 2014, 07:28:35 AM
 #21743

Is actually anybody here trading at Bter? I see some issues with withdrawal/deposits reported:

https://bitcointalk.org/index.php?topic=350078.80

https://bitcointalk.org/index.php?topic=377452.0
It worked well for me .

 
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Come-from-Beyond
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January 21, 2014, 07:28:52 AM
 #21744

the fees really need to be lowered...

Why?
Come-from-Beyond
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January 21, 2014, 07:29:26 AM
 #21745

I have set up nxt on VPS (digital ocean Debian 7.0 64) and use the GUI locally from my home PC, it shows "recent blocks [-1336]", but the last block is just few minutes ago (46455), so I assume it's ok. Is it correct?

Yes. Just refresh the webpage.
voldemort628
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January 21, 2014, 07:29:46 AM
 #21746

cashing out at new high is unavoidable Smiley)

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Coinonaer
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January 21, 2014, 07:31:07 AM
 #21747

The todays price movement have been also a reason of your great work you’ve done within the last week. I want to say thanks for this awesome community helping Nxt thrive!  Smiley
Anon136
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January 21, 2014, 07:31:33 AM
 #21748

the fees really need to be lowered...

Why?

Because they are getting to high. I mean we all understand that fees are good. They give incentive for stake holders to forge. They keep the block size down so that people aren't storing more transactions than they need to on their computers for all of time. But we should really try to not put ourselves at a competitive disadvantage with bitcoin in this respect. I think the time is just about right to kick it back a single decimal place.

*edit* down to 0.1 nxt, not 0.01 nxt like some people are suggesting.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
Come-from-Beyond
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January 21, 2014, 07:32:10 AM
 #21749

cashing out at new high is unavoidable Smiley)

Agree. I'm going to sell a few nxts when we hit 1 NXT = 1 BTC.
allwelder
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January 21, 2014, 07:33:18 AM
 #21750

I know why Nxt price is rising:


Doge is trying to catch Nxt, Nxt is trying to flee.


You r forbidden to speak, coz every time you open your mouth price NXT explode. Cheesy


Pin

+2

 
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Come-from-Beyond
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January 21, 2014, 07:33:45 AM
 #21751

Because they are getting to high? I mean we all understand that fees are good. They give incentive for stake holders to forge. They keep the block size down so that people aren't storing more transactions than they need to on their computers for all of time. But we should really try to not make it significantly more expensive to transact with nxt than bitcoin. I think the time is just about right to kick it back a single decimal place.

Well, in this case u should bribe Jean-Luc. I prefer to have 1 NXT fee coz it doesn't let the price to rise too high.

Edit: Another option is wait for VS, AE and AC to be implemented. Then I'm going to set lower fee.
Anon136
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January 21, 2014, 07:35:02 AM
 #21752

Because they are getting to high? I mean we all understand that fees are good. They give incentive for stake holders to forge. They keep the block size down so that people aren't storing more transactions than they need to on their computers for all of time. But we should really try to not make it significantly more expensive to transact with nxt than bitcoin. I think the time is just about right to kick it back a single decimal place.

Well, in this case u should bribe Jean-Luc. I prefer to have 1 NXT fee coz it doesn't let the price to rise too high.

why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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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January 21, 2014, 07:36:42 AM
 #21753

why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

We need better distribution, imho. Lower price makes big stakeholders to sell more.
Anon136
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January 21, 2014, 07:38:57 AM
 #21754

why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

Lower price makes big stakeholders to sell more.

sorry to be a pain but could you elaborate on your thought process here.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
xibeijan
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January 21, 2014, 07:41:57 AM
 #21755

the fees really need to be lowered...

Why?

Because they are getting to high. I mean we all understand that fees are good. They give incentive for stake holders to forge. They keep the block size down so that people aren't storing more transactions than they need to on their computers for all of time. But we should really try to not put ourselves at a competitive disadvantage with bitcoin in this respect. I think the time is just about right to kick it back a single decimal place.

*edit* down to 0.1 nxt, not 0.01 nxt like some people are suggesting.

You should be able to run some stats on blockchain.info to check the average BTC transaction fee.  A while back, it was about $0.35 each, with a minimum of  $0.09.

Notable projects 2019: Semux, Dero, Wagerr, BEAM
Secondleo
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January 21, 2014, 07:42:42 AM
 #21756

why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

Lower price makes big stakeholders to sell more.

sorry to be a pain but could you elaborate on your thought process here.

The big ones already hold large amounts of money and they surely want to have some of that cake. A lower price means they have to sell more to eat it.

If the price is ten times as high as now they have to sell only a tenth for the same amount of money.
bitcoinpaul
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January 21, 2014, 07:43:01 AM
 #21757

why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

We need better distribution, imho. Lower price makes big stakeholders to sell more.

+1

More nodes!
Anon136
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January 21, 2014, 07:43:21 AM
 #21758

the fees really need to be lowered...

Why?

Because they are getting to high. I mean we all understand that fees are good. They give incentive for stake holders to forge. They keep the block size down so that people aren't storing more transactions than they need to on their computers for all of time. But we should really try to not put ourselves at a competitive disadvantage with bitcoin in this respect. I think the time is just about right to kick it back a single decimal place.

*edit* down to 0.1 nxt, not 0.01 nxt like some people are suggesting.

You should be able to run some stats on blockchain.info to check the average BTC transaction fee.  A while back, when I did this it was about $0.35 each, with a minimum of  $0.09.

0.0001 gets you included every time. less than that may as well be 0. so thats our target imo, somewhere around $0.09

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If 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?
Forobitcoins
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January 21, 2014, 07:45:11 AM
 #21759

cashing out at new high is unavoidable Smiley)

Agree. I'm going to sell a few nxts when we hit 1 NXT = 1 BTC.

I do not think it happens

if we meet NXT with Bitcoin

NXT 1,000,000,000
BTC 21,000,000

BTC/NXT = 0.021 at this time will be equal

Sorry for my broken English XD
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January 21, 2014, 07:46:05 AM
 #21760

why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

Lower price makes big stakeholders to sell more.

sorry to be a pain but could you elaborate on your thought process here.

For example:

I am going to sell 1M of my Nxts @0.00007 (I do not sell in small parts)
Any big invester interested can pm me to discuss it further!
The reason is to buy a new car Smiley
Good day.

In a week he will want to buy a new girl, then a yacht, an island...

It's better if he (and the others) sells at lower price, coz this will require to sell more nxts.
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