NXT :: descendant of Bitcoin - Updated Information

[Daedelus]

Now were breaking down the 7000 buy wall, dropped from 350,000 to 311,000.

Go go go!  

Edit: Shock!! A 228,000 buy wall has appeared below the 7000 at 6999!   

(Ok I'll stop now  )

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[lyynx]

For those who have not been here from the beginning, that fact of the matter is that the day Nxt launched, BCNext was no more.

Anything and everything that has been accomplished with Nxt has been done so by the community. BCNext gave us a tool and it is up to us whether it succeeds or fails. The amount of cooperation and passionate family arguments I have seen over the last 2 months has done nothing but solidify my faith in the community.

BCNext has never been more than a vapor as for as the actual implementation is concerned and quite frankly I am not a bit surprised by his uneventful 3rd essay. It's not really much different than the second one he released.

BCNext stated he does not have any knowledge or participation regarding the future of Nxt and when you really think of it, how else would a decentralized currency succeed anyway. BCNext needs to be no more for Nxt to thrive. The ball is now in our court and it is up to us to decide where and how Nxt fits into the Crypto Eco-System, no different than when Bitcoin was born. As I said in the other thread, we can say thank you and good bye to BCNext and mention his name no more.

[bitcoinpaul]

So if BCNext said that Nxt will be in your morning cereal, would you have bought as much Nxt as possible?   His 3rd part wasn't a plan at all, it was a philosophical interpretation of what he thinks of BTC, Nxt, etc.. with no specifics, and his thoughts are just that, they have no affect and influence on what Nxt has/will become.  I will buy all of your Nxt for Ripple or BTC right now, put your money where your mouth is.

Right.

*the eyes of the whole community turn from msin to face briannowhere, who replies...*

 

Haha

[ChuckOne]

Have a look!

https://bitbucket.org/JeanLucPicard/nxt/commits/c44fde88e0e1decb48a964b25b9c27fcb1fc5d08?at=feature/nqt

[bitcoinpaul]

Finally. We are free

[lyynx]

Dr. Frankenstein created:



BCNext Unleashed:

[timmyd]

NO GODS NO KINGS JUST NXT
Love it 

[mcjavar]

Here is the link to join us on google hang out for our 1st NXT Weekly Meeting:

https://plus.google.com/hangouts/_/7ecpif5r6aek3rfots1e2lkah4?hl=en

There are spots for 10 people on google hangout and I will record it and put up on youtube after we are done.

Uniqueorn and I will be hosting it.

Meeting starts in 10 min.

Tai Zen

Thank you for organizing this. It was very informative!

[iwillimust]

Finally. We are free

Great coin
Give us more
There is no doubt that NXT
Come on

[Turix]

what if cfb is Satoshi...

So if BCNext said that Nxt will be in your morning cereal, would you have bought as much Nxt as possible?   His 3rd part wasn't a plan at all, it was a philosophical interpretation of what he thinks of BTC, Nxt, etc.. with no specifics, and his thoughts are just that, they have no affect and influence on what Nxt has/will become.  I will buy all of your Nxt for Ripple or BTC right now, put your money where your mouth is.

Boom~~~

[Daedelus]

Look out! The first GOVERNMENT BACKED CRYPTO is here! * HULLCOIN!

https://nxtforum.org/general-discussion/look-out!-the-first-government-backed-crypto-is-here!-*/new/#new



There are some classic comments from the people of Hull >>>> "Can you buy drugs with it?"  


I don't think they are impressed...







*Caveats apply   p.s. don't get too excited  


EDIT: copy and paste the whole link...

[ChuckOne]

https://nxtforum.org/general-discussion/look-out!-the-first-government-backed-crypto-is-here!-*/new/#new

Why in fuck's name is somebody adding a '!' and '*' to the name of the thread???

[Daedelus]

https://nxtforum.org/general-discussion/look-out!-the-first-government-backed-crypto-is-here!-*/new/#new

Why is somebody adding a '*' to the name of the thread?

Don't get hysterical, it is actually a ! that is the problem


And because it doesn't prevent you from doing so, obviously.

[ChuckOne]

https://nxtforum.org/general-discussion/look-out!-the-first-government-backed-crypto-is-here!-*/new/#new

Why is somebody adding a '*' to the name of the thread?

Don't get hysterical, it is actually a ! that is the problem


And because it doesn't prevent you from doing so, obviously.

The '*' also is!!!!!

***freaking out***

Okay, that is enough for today.

[ChuckOne]

https://nxtforum.org/general-discussion/look-out!-the-first-government-backed-crypto-is-here!-*/new/#new

Why is somebody adding a '*' to the name of the thread?

Don't get hysterical, it is actually a ! that is the problem


And because it doesn't prevent you from doing so, obviously.

The * makes me crazy, every time I post a link from https://nxtforum.org/transparent-forging-*/ because of that f***** *. I asked the admin to remove the *.

For whatevery reason a * IN THE END of the title is necessary.

Okay. I am done finally.

[TwinWinNerD]

Where are we going?

TO DA MOOOOOOOOOOOOOOOOOOOOOOOONNNNNNNNNNN!!!

[BrianNowhere]

Why is no one talking about the bombshell C-F-B dropped last night in releasing the 3rd part of BCNext plan, which was basically one paragraph saying NXT was just an experiment and will fail without altrustic human cooperation?

I was hoping it was an April Fools joke but I don't think it was. If so, I've already dumped half my Nxt because of it.

Wimp.....so what u are saying is that u have absolutely no faith in the community that has built NXT up to where it is, but rather want to have BCNext make all of your decisions for you?
The same BCNext who has already made it clear that NXT was always intended, at least partly,  as a social experiment ?

Of course NXT will fail without co-operation, like all human efforts that involve more than one person.

NXT is not altruistic, we are all in it for the money. And if we all work for it, we will get it.

I've said it before : No gods, no kings, just NXT.

We don't need no stinking BCNext, or any other guru/leader/father figure.

Do you mean the community that sits in here all day making fun of Emule, who can't agree on whether floating point can be used or not? the community whose lead developer just resigned from the TechDev committee? The community that ridicules stakeholders who come here with concerns and call them a troll and put them on ignore lists? The community who comes up with a completely different coin as a ruse to try to encourage small holders of Nxt to (not) forge and then kicks their feet and threatens to quit when not everyone thinks that's the greatest idea in the world?. All trying to develop in a decentralized manner for an ecosystem that requires large stakeholders to run expensive VPS nodes and for small stakeholders to run open clients for NO reward or to collect nodecoins that have no value? That's the community that's supposed to make me feel so much better that it's own creator abandoned it to pursue bigger and better thinsg?

Oddly I don't feel better.

[TwinWinNerD]

Why is no one talking about the bombshell C-F-B dropped last night in releasing the 3rd part of BCNext plan, which was basically one paragraph saying NXT was just an experiment and will fail without altrustic human cooperation?

I was hoping it was an April Fools joke but I don't think it was. If so, I've already dumped half my Nxt because of it.

Wimp.....so what u are saying is that u have absolutely no faith in the community that has built NXT up to where it is, but rather want to have BCNext make all of your decisions for you?
The same BCNext who has already made it clear that NXT was always intended, at least partly,  as a social experiment ?

Of course NXT will fail without co-operation, like all human efforts that involve more than one person.

NXT is not altruistic, we are all in it for the money. And if we all work for it, we will get it.

I've said it before : No gods, no kings, just NXT.

We don't need no stinking BCNext, or any other guru/leader/father figure.

Do you mean the community that sits in here all day making fun of Emule, who can't agree on whether floating point can be used or not? the community whose lead developer just resigned from the TechDev committee? The community that ridicules stakeholders who come here with concerns and call them a troll and put them on ignore lists? The community who comes up with a completely different coin as a ruse to try to encourage small holders of Nxt to (not) forge and then kicks their feet and threatens to quit when not everyone thinks that's the greatest idea in the world?. All trying to develop in a decentralized manner for an ecosystem that requires large stakeholders to run expensive VPS nodes and for small stakeholders to run open clients for NO reward or to collect nodecoins that have no value? That's the community that's supposed to make me feel so much better that it's own creator abandoned it to pursue bigger and better thinsg?

Oddly I don't feel better.

F
U
D

Please sell and shut up.

You have a way to missinterpret anything that gets posted. You are like emule, but you take things you say yourself seriously.

Sad...

[Daedelus]

So if BCNext said that Nxt will be in your morning cereal, would you have bought as much Nxt as possible?   His 3rd part wasn't a plan at all, it was a philosophical interpretation of what he thinks of BTC, Nxt, etc.. with no specifics, and his thoughts are just that, they have no affect and influence on what Nxt has/will become.  I will buy all of your Nxt for Ripple or BTC right now, put your money where your mouth is.

Bump  


You have an easy way out, you could try Nxt again in 6 weeks when we are further down the line? It might make you feel better.

[HinnomTX]

Why is no one talking about the bombshell C-F-B dropped last night in releasing the 3rd part of BCNext plan, which was basically one paragraph saying NXT was just an experiment and will fail without altrustic human cooperation?

I was hoping it was an April Fools joke but I don't think it was. If so, I've already dumped half my Nxt because of it.

Very pessimistic interpretation.

I don't think it is. I've been asking here for months how you are going to get little fish to forge, how we'll get instant 1000 TPS as promised, whether the network is safe being protected only by big fish forging and no one would give a straight answer. I also come to learn Nxt doesn't work without CENTRALIZED high power VPS nodes being run at expense to anyone wanting to do so, which makes it NO different than Ripple, which by the way DOES have instant transactions.

The 3rd part of the plan basically explained everything. Nxt is not an elegant financial solution. It won't work without centralization and as people lose interest the network will become weaker and weaker. Meanwhile other people are coming up with real solutions that don't involve everyone holding hands and singing Koom-By_Ya.

You're right. There are not enough transaction fees per block to incentivize forging except if you're a whale. Only two things can change this. 1. Own more NXT. 2. Have increased activity on the blockchain and/or increased fees. Of course, higher fees are very unlikely to happen.
 
I do have a solution to the incentive problem. I mine for NXT (via hashrate.org ). This is not a green approach, but it does work. I like mining for two reasons.
1. Mining is a form of asymmetrical warfare against PoW coins. We mine them, but they cannot mine us.
2. Mining allows for a wider distribution of NXT just as with PoW coins.

NXT has the best of both worlds now. We can claim to be lean and green as a PoS coin, but we also can tap the substantial mining community here. As for your other concerns, meh. We don't need to follow any blueprints from BCNext, we can draw our own now.