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wesleyh
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April 01, 2014, 06:36:47 PM |
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Is there any way to purchase larger amounts of NXT? I have failed to do so, and I will most likely give up  I have signed up on DGEX.com, which looks awfully retro. Anyway, I have learned that I can only withdraw 3 BTC per Day which is a no-no. Also, NXT withdrawals are made manually and may take up to 48 hours. This is not a place I feel comfortable with. Any serious alternatives, besides BTER where the Volume pretty much sucks?cryptsy? Or trades here in trading thread. |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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Eadeqa
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April 01, 2014, 06:45:38 PM |
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If I did *criticize his code* then here is what he would do:
"I quit".
Then the "fan base" will say:
"James, we need you"
and he will come back without changing a line of code (proof of point his continual use of *binary floating point* despite *all my warnings* and even *my proof in code*).
Really? is he still using floating point? I thought he agreed in the end. Oh well... |
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timmyd
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April 01, 2014, 06:48:06 PM |
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Is there any way to purchase larger amounts of NXT? I have failed to do so, and I will most likely give up I have signed up on DGEX.com, which looks awfully retro. Anyway, I have learned that I can only withdraw 3 BTC per Day which is a no-no. Also, NXT withdrawals are made manually and may take up to 48 hours. This is not a place I feel comfortable with. Any serious alternatives, besides BTER where the Volume pretty much sucks?cryptsy? Or trades here in trading thread. Cryptsy is pretty low volume too tbh. i sold 125k over a couple of days over there. granted the btc withdrawl took minutes which is always good. Lophie on here seems to sell the odd chunk of nxt on here maybe worth speaking to him |
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Evil-Knievel
Legendary
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Activity: 1260
Merit: 1168
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April 01, 2014, 06:49:22 PM |
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IveBeenBit
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April 01, 2014, 06:49:37 PM |
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IMO the smart money trades off exchange, preferably using the bitcoin-otc web of trust. Using this forum's trust database is a distant second, considering how many people stay logged in all the time, and how many times bitcointalk itself has been hacked.
The exchanges are better suited for weekend warriors that fancy themselves day traders or small retail purchases.
Mt Gox is only the latest in a long line of cryptoexchanges that have lost significant amount of user funds.
Until the crypto economy is bigger, we probably won't see an exchange that does security and oversight correctly because the space just isn't big enough to afford a reliable service. The exchanges just can't come up with the capital needed to do it properly.
Instead we still have a bunch of pikers that take advantage of the low barrier to entry. They open an exchange and only realize they are in over their heads after their users' funds are stolen.
But who knows, when the floating point decentralized asset exchanges start cropping up, maybe centralized exchanges will be rendered obsolete. Decentralized exchange may be here before a well-funded and well-run centralized exchange emerges.
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Eadeqa
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April 01, 2014, 06:50:15 PM |
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Is there any way to purchase larger amounts of NXT? I have failed to do so, and I will most likely give up I have signed up on DGEX.com, which looks awfully retro. Anyway, I have learned that I can only withdraw 3 BTC per Day which is a no-no. Also, NXT withdrawals are made manually and may take up to 48 hours. This is not a place I feel comfortable with. Any serious alternatives, besides BTER where the Volume pretty much sucks?cryptsy? Or trades here in trading thread. Cryptsy also has not enough Volume. The complete order book doesn't even have the amount I want to buy. Could you give me a pointer to the "trading thread"? Perhaps post here https://nxtforum.org/trading-exchanges/and do trade with a well known original stakeholder |
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timmyd
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April 01, 2014, 06:51:53 PM |
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Is there any way to purchase larger amounts of NXT? I have failed to do so, and I will most likely give up I have signed up on DGEX.com, which looks awfully retro. Anyway, I have learned that I can only withdraw 3 BTC per Day which is a no-no. Also, NXT withdrawals are made manually and may take up to 48 hours. This is not a place I feel comfortable with. Any serious alternatives, besides BTER where the Volume pretty much sucks?cryptsy? Or trades here in trading thread. Cryptsy is pretty low volume too tbh. i sold 125k over a couple of days over there. granted the btc withdrawl took minutes which is always good. Let's say I would like to invest 50-75 BTC just for the sake of it. Where would I preferably go?  Erm you would have to buy bits off the sell walls lol. but do it smart as to not rise the price too much. tbh 50-75btc might even scare off a p2p trade. its alot of cash. |
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opticalcarrier
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April 01, 2014, 06:52:26 PM |
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CIYAM didnt 'find' a flaw. The limitations and dangers of using floating point math for financial calculations have been well publicized.
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IveBeenBit
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April 01, 2014, 06:55:02 PM |
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CIYAM didnt 'find' a flaw. The limitations and dangers of using floating point math for financial calculations have been well publicized.
Can you give a brief explanation why? |
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Emule
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April 01, 2014, 07:00:26 PM |
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as i was telling before my team and i have just found an enormous flaw that could end nxt.
please do not ask how it work as we have decided not to disclose it.
Gl to all of you this was the last post of emule in the nxt forum.
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Ola
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April 01, 2014, 07:01:14 PM |
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guys this   cfb is this ready for deployment? |
Nxter,Bitcoiner,Ether highlevel developer working to improve the world.
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Eadeqa
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April 01, 2014, 07:02:15 PM |
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opticalcarrier
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April 01, 2014, 07:04:11 PM |
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CIYAM didnt 'find' a flaw. The limitations and dangers of using floating point math for financial calculations have been well publicized.
Can you give a brief explanation why? wikipedia has the laymans version https://en.wikipedia.org/wiki/Floating_point#Accuracy_problemsWhile floating-point addition and multiplication are both commutative (a + b = b + a and a×b = b×a), they are not necessarily associative. That is, (a + b) + c is not necessarily equal to a + (b + c). They are also not necessarily distributive. That is, (a + b) ×c may not be the same as a×c + b×c: Like I said, this is a very well known limitation in the financial programming world. |
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Etanllah
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April 01, 2014, 07:04:31 PM |
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I just realized that Nxt is actually much better than I realized. I will be buying as much as I can get my hands on.
'bout time Emule |
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Come-from-Beyond
Legendary
Offline
Activity: 2142
Merit: 1009
Newbie
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April 01, 2014, 07:04:52 PM |
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Touque
Member
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Activity: 94
Merit: 10
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April 01, 2014, 07:12:53 PM |
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as i was telling before my team and i have just found an enormous flaw that could end nxt.
please do not ask how it work as we have decided not to disclose it.
Gl to all of you this was the last post of emule in the nxt forum.
What is going on today? Emule is leaving. Evil-Knievel is buying NXT for 75 BTC. |
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Come-from-Beyond
Legendary
Offline
Activity: 2142
Merit: 1009
Newbie
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April 01, 2014, 07:13:02 PM |
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guys this cfb is this ready for deployment? Not ready. JL has not reviewed it yet. And then we must test it. |
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Emule
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April 01, 2014, 07:16:34 PM |
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I just realized that Nxt is actually CRAP. I will be selling as much as I can today.
sell all while you can! correct it for you |
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