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Author Topic: NXT coin - A total scam?  (Read 49716 times)
apuestascoin
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February 12, 2014, 11:45:18 AM
 #301

I had 504 Nxt , one month later  I am conected and my balance is 0  Huh

My version is 0.4.4 i put my phrase and balance 0.

Some solution?

Ok now 504 again , block sync too low

trisher
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February 12, 2014, 12:21:54 PM
 #302

Take your Next on bter.com, there they are safe!

I have invested in a stake of nem, one stake = 1mio nem!

Next are lounching a new client, with them you can trade directly from the client with other users! This would be a great step! I think in a few month Next will be the second coin after Bitcoin!
superresistant
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February 12, 2014, 01:08:20 PM
 #303

I had 504 Nxt , one month later  I am conected and my balance is 0  Huh
My version is 0.4.4 i put my phrase and balance 0.
Some solution?

Your version is obsolete.
We are now using version 0.7.3
Check Jean-Luc post to find the last working version :
https://bitcointalk.org/index.php?action=profile;u=166843;sa=showPosts

Please stop bumping this thread.
flounderella
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February 12, 2014, 10:42:25 PM
 #304

"You can generate the next block in 1880 days, 12 hours and 5 seconds."

Awww, I love NXT.

Not.
FandangledGizmo
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February 12, 2014, 10:51:12 PM
 #305

Distribution? How well was Bitcoin distributed in the beginning? For the first two years Satoshi controlled obscene % of Bitcoin.

+-70 founders is more than most new companies I can think of.

And at least now there's NO inflation, unlike the 10% in Bitcoin that goes to multi-millionaire miners, almost worse than fiat.

The real scammers are the people mining coins. Bitcoin creates a $Billion a year in new coins that go to miners with the most expensive rigs instead of back to the users. Miners sucking all that money out of the economy and all you get is centralised mining pools controlled by the city of London at the end of it.

Nxt pays fees back to the users, and the fees are small, (Smaller than the minimum fee you often have to pay to Bitcoin miners even thought they're sucking out 10% inflation a year from your money already.) People with a lot NXT would make boatloads more in a bank account than fees they earn from NXT.

Oh and plus NXT does everything better and faster than Bitcoin.
bitcoinpaul
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March 19, 2014, 07:09:25 AM
 #306

"You can generate the next block in 1880 days, 12 hours and 5 seconds."

Awww, I love NXT.

Not.

Just mine NXT.

http://www.nxtp00l.org/
greenlion
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March 19, 2014, 07:43:28 AM
 #307

What really rubs my spidey sense the wrong way about NXT is that for a bit now there have been what appear to be paid advertising spots on Let's Talk Bitcoin that somewhat deceptively sound a bit like news reports and even tease the next advertisement by advising the audience to get more news tuning into the next Let's Talk Bitcoin broadcast.
Percy520
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March 21, 2014, 06:01:12 AM
 #308

Even NXT is a great coin it will still fail just because of its extremely unfair distribution. The developer should blame himself to use this terrible distribution process. For pure POS coin, fair distribution plays a big part in these coins success.
greenlion
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March 21, 2014, 12:46:19 PM
 #309

Even NXT is a great coin it will still fail just because of its extremely unfair distribution. The developer should blame himself to use this terrible distribution process. For pure POS coin, fair distribution plays a big part in these coins success.

This is pretty much a flaw inherent to all proof-of-stake coins. Distribution cannot be from mining because there is no opportunity cost inherent to mining any one particular chain.
salsacz
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March 21, 2014, 12:48:25 PM
 #310

Even NXT is a great coin it will still fail just because of its extremely unfair distribution. The developer should blame himself to use this terrible distribution process. For pure POS coin, fair distribution plays a big part in these coins success.

why? distribution by a small group of miners right now more and more centalized in Iceland facilities and huge GPU / ASIC farms is unfair
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March 21, 2014, 02:32:52 PM
 #311

Even NXT is a great coin it will still fail just because of its extremely unfair distribution. The developer should blame himself to use this terrible distribution process. For pure POS coin, fair distribution plays a big part in these coins success.

why? distribution by a small group of miners right now more and more centalized in Iceland facilities and huge GPU / ASIC farms is unfair

All depend when and in what conditions you are trying distribute.

Current the best option is POW and IPO like NEM...
Even Gpu farms they are doing that for $...
Generaly farms destroy value of coins in same time they detroy value of work of devs working on it.
In other side they just pust large volume on market and flood it and others can get in.

Hoever even POW like 10day-BC or 30day0 Mint can give you 3000+ new POS users...
NEM IPO mayby less because double,triple.. ipo buyers.
Anyway probably about 2000+ usesers...

That reminds me quark it was mined in 98%... in six months but after mining price was 300-50 sat...
When jumped to 10000 all called it scam... and premine but in reality it wasn't 75% of all coins in 5 months...
Nowdays people are changing minds about long minig... New fast mined coins are acceptable look just on Doge...
But all are put shit on Quark lol while Doge(i like it ) is pretty the same in that matter.

Request / 26th September / 2022 APP-06-22-4587
jabo38
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March 21, 2014, 02:34:07 PM
 #312

nxt has a chance to be a great equalizer.  it is still cheap now and anybody can buy it.  if anybody wants to know why nxt is better (or will be soon) than any other coin out there, please read and do research.  

XbladeX
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March 21, 2014, 02:36:07 PM
 #313

nxt has a chance to be a great equalizer.  it is still cheap now and anybody can buy it.  if anybody wants to know why nxt is better (or will be soon) than any other coin out there, please read and do research.  
Ok bro NXT cost 1000$ what you can buy for it ?
 House swimming pool ? Tank.... Airplane... remember you have 1NXT fee... always.

Request / 26th September / 2022 APP-06-22-4587
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March 21, 2014, 02:47:38 PM
 #314



XbladeX
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March 21, 2014, 02:48:17 PM
 #315

Even NXT is a great coin it will still fail just because of its extremely unfair distribution. The developer should blame himself to use this terrible distribution process. For pure POS coin, fair distribution plays a big part in these coins success.

why? distribution by a small group of miners right now more and more centalized in Iceland facilities and huge GPU / ASIC farms is unfair

Distribution by the cuckoo728 proof of work would be pretty fair, and low-power to boot.

That uses 7GB of memory (with no trade-off for time) which doesn't fit in any GPU card,
let alone ASIC. So anyone with a high-end desktop can mine this.
Or anyone willing to rent some cloudservers.

At the same time, botnets will not dare run anything using so much memory as it
will send computers into swap-hell, killing performance and alerting their owners.

It's also very power friendly since 95% of runtime is memory latency.

See https://github.com/tromp/cuckoo for details.
So we have winner for few month with distribution till it will be popular.

Request / 26th September / 2022 APP-06-22-4587
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April 13, 2014, 12:49:24 PM
 #316

it will still fail just because of its extremely unfair distribution.
It's been a total scam from the very beginning.  71 people are instantly multimillionaires - where do you think that money comes from?  That's right: suckers.  NXT will collapse soon.

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Shivalein
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April 13, 2014, 03:13:33 PM
 #317

mimimimi.....I missed NXT....mimimimi

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April 13, 2014, 03:22:04 PM
 #318

Missed NXT?

How about looking into NAS, to not make that mistake again??

Smiley

https://bitcointalk.org/index.php?topic=523187.0

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April 13, 2014, 03:29:32 PM
 #319

I also missed NXT
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April 13, 2014, 03:31:40 PM
 #320

At just over 2 cents a piece I think there's still plenty of time and upside for NXT if you're a fan.
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