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Author Topic: NXT-Coin - anyone into it?  (Read 3420 times)
Hazard
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December 08, 2013, 10:04:12 PM
 #21

Closed source and centralized. I'll pass.

Drexme
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December 08, 2013, 10:06:49 PM
 #22

Closed source and centralized. I'll pass.
For now. You're gonna regret it on January when the prices skyrocket.

GigaCoin
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December 08, 2013, 10:07:37 PM
 #23

Anyone into NXT here (in newbie forum Wink ?

I really want to get into NXT, spread the word. What do you think about the purely proof-of-stake concept?

would love to invest but lack of options to purchase securely.

GröBkAz
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December 08, 2013, 10:10:50 PM
 #24

dgex is secure...when you have a lot of time
blackfyre175
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December 08, 2013, 10:15:08 PM
 #25

Closed source and centralized. I'll pass.

https://bitcointalk.org/index.php?topic=303898.msg3280347#msg3280347

This is what you posted in October, but BCNext did not run away with the bitcoins like you thought. Do you think you could be wrong now?
Caesar V
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December 08, 2013, 11:36:13 PM
 #26

I'm holding a small amount and can already make substantial gains on it if I sell now but tbh, this coin needs a lot of work and needs to go on better exchanges as-well if it's ever to see the light of day.

I'm in for the long run.
middlepath
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December 09, 2013, 12:19:01 AM
 #27

I'm holding a small amount and can already make substantial gains on it if I sell now but tbh, this coin needs a lot of work and needs to go on better exchanges as-well if it's ever to see the light of day.

I'm in for the long run.

I'm also in for a long run. The devs team are working hard and efficiently,imo.
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December 09, 2013, 12:33:23 AM
 #28

It doesn't matter how hard the developers work.  A crypto-currency that is released with a billion pre-mined coins will never get off the ground.  That is a massive amount of coins.  This alone will ensure failure, but to add icing to the cake it comes with additional problems and is not even open source which is the most fundamental trait of bitcoin. 
alex0909
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December 09, 2013, 12:44:29 AM
 #29

It doesn't matter how hard the developers work.  A crypto-currency that is released with a billion pre-mined coins will never get off the ground.  That is a massive amount of coins.  This alone will ensure failure, but to add icing to the cake it comes with additional problems and is not even open source which is the most fundamental trait of bitcoin.  

Sigh* You have no clue what you are talking about. It's not even worth to argue with people like you who think they are experts after a few days.
Nxt is not like any of the existing Crypto's, not a copy cat, that's why it is closed source. And there is no-premine, it's not a premine, people paid to get those, and you know what, EVERYONE could participate in the funding. All the coins are already distributed. For a few miliBTC you could get some coins. You didn't, too bad. We are moving on with colored coins and a decentralized exchange.

DiCE1904
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December 09, 2013, 01:00:39 AM
 #30

I'm holding a small amount and can already make substantial gains on it if I sell now but tbh, this coin needs a lot of work and needs to go on better exchanges as-well if it's ever to see the light of day.

I'm in for the long run.

Same here

ImmortAlex
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December 09, 2013, 02:06:19 AM
 #31

A crypto-currency that is released with a billion pre-mined coins will never get off the ground.  That is a massive amount of coins.
What if there are just one thousand coin? What would be changed in your eyes?
aoco88
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December 09, 2013, 02:28:32 AM
 #32

yes i like nxt because it no need block download
Crystaleyes
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December 09, 2013, 02:46:37 AM
 #33

Looked interesting, but I never managed to get the software to install so walked away...

 Life's too short....

 

 And to the member who posted that all that really matters is (perceived) value... It's coz of self-centred people like you that the world in such an imbalanced mess.
 keep dreaming, that material reward and accumulation is the measure of success....  Roll Eyes

Are you from the States?

Is it not amazing? That in the sub-micro world of the atom, quantum physics requires the perpetual motion of particles with both spin and orbital motions.
 
 Yet in the macro world, mainstream science is based upon the law that a perpetual motion machine is absolutely impossible!

 This is the embarrassing state of today's science...
Digicoiner
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December 09, 2013, 02:50:34 AM
 #34

Closed source and centralized. I'll pass.

How is it centralized?  Is it due to a handful of people receiving all the coins initially and then distributing them?

I'm willing to give it a try.
2Kool4Skewl
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December 09, 2013, 03:56:33 AM
 #35

Anyone into NXT here (in newbie forum Wink ?

I really want to get into NXT, spread the word. What do you think about the purely proof-of-stake concept?
Proof of Stake would be not bad if it would work reliable but they are still some problems with it.
Like need of checkpoints, which are centralized. Decentralized checkpoints are technically not solved.
But if it is anyway centralized then it doesn't matter if it is double centralized.
As far as I know NXT is closed source(at least partly), premined all 1 billion coins, centralized and still doesn't work.
Closed source and centralized. I'll pass.
It doesn't matter how hard the developers work.  A crypto-currency that is released with a billion pre-mined coins will never get off the ground.  That is a massive amount of coins.  This alone will ensure failure, but to add icing to the cake it comes with additional problems and is not even open source which is the most fundamental trait of bitcoin. 

KEEP ON ROLLIN' NXTERS!


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TRUSTEE 
2Kool4Skewl
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December 09, 2013, 05:00:17 AM
 #36

Are you from the States?



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TRUSTEE 
Crystaleyes
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December 09, 2013, 11:19:29 AM
 #37


 Just to clarify, before the thread takes a wrong turn) that I don't hate anyone.

 Unfortunately, blind greed without consideration of the consequences, has been a hallmark of United States in recent years, although Israel, modern Britain and France fit seamlessly alongside.



 Who was it, that said, "Look before you leap?"

Is it not amazing? That in the sub-micro world of the atom, quantum physics requires the perpetual motion of particles with both spin and orbital motions.
 
 Yet in the macro world, mainstream science is based upon the law that a perpetual motion machine is absolutely impossible!

 This is the embarrassing state of today's science...
Come-from-Beyond
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December 09, 2013, 11:26:47 AM
 #38

Proof of Stake would be not bad if it would work reliable but they are still some problems with it.

U r talking about other PoS coin. Don't lie to newbies plz.
Come-from-Beyond
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December 09, 2013, 11:27:49 AM
 #39

Closed source and centralized. I'll pass.

Hehe, u missed this thread - https://bitcointalk.org/index.php?topic=364239.0
Come-from-Beyond
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December 09, 2013, 11:29:20 AM
 #40

Why all the negativity?

Coz they bought Litecoin Smiley

Or missed the train.
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