[SKY] Skycoin Launch Announcement

[FrictionlessCoin]

Numbers don't lie!!

You said 9 people own a majority of all Nxt which is a lie confirmed by the numbers.

What's up with your brain? ps. this thread is about Skycoin and not your frustration with Nxt distribution.

The discussion was about crappy distributions.

I wasn't the author who brought up the Nxt crappy distribution.  I was just agreeing with the observation.

Reality check dude... It's not just me who thinks Nxt had a crappy distribution.  Just check out the polls out there.

[instacalm]

Reality check dude... It's not just me who thinks Nxt had a crappy distribution.  Just check out the polls out there.

I didn't say anything about quality of distribution, I simply pointed out that you lied.

[forzendiablo]

and the coin never went live

[Anotheranonlol]

0.76 % of Nxt users own 75% of Nxt
99.76% of Nxt users own 21% of Nxt.

Numbers don't lie!!

mindboggling.
some thought crypto is getaway from fiat fatcat oligarch snowball effect rich get richer .. but out of frying pan into a fucking surface of the sun it seems.. these numbers are insane. I struggle to understand how so many seemingly switched on user are incentivized to be so evangelical about NXT with such statistics. ..I know that it mostly 'usual suspects' on promo . under the table deals in exchange? has to be something to overcome this crazy disparity, merits of the protocol surely cannot be enough alone.. it's just too much. how can anybody ignore.. Is this the real figure?? .....wow..jesus christ.

[FrictionlessCoin]

0.76 % of Nxt users own 75% of Nxt
99.76% of Nxt users own 21% of Nxt.

Numbers don't lie!!

mindboggling.
some thought crypto is getaway from fiat fatcat oligarch snowball effect rich get richer .. but out of frying pan into a fucking surface of the sun it seems.. these numbers are insane. I struggle to understand how so many seemingly switched on user are incentivized to be so evangelical about NXT with such statistics. ..I know that it mostly 'usual suspects' on promo . under the table deals in exchange? has to be something to overcome this crazy disparity, merits of the protocol surely cannot be enough alone.. it's just too much. how can anybody ignore.. Is this the real figure?? .....wow..jesus christ.

 it's just utterly ridiculous.   Go back to the posters infographic...  it shows 1,150 + 150 = 1,300 total accounts.

What is .76% of 1,300?   9.88   So this 'instacash' character tells me I'm lying because I said 9 accounts own a majority?

Okay I'm wrong, 9.88 accounts own 75% of all Nxt.

[instacalm]

mindboggling.
some thought crypto is getaway from fiat fatcat oligarch snowball effect rich get richer .. but out of frying pan into a fucking surface of the sun it seems.. these numbers are insane. I struggle to understand how so many seemingly switched on user are incentivized to be so evangelical about NXT with such statistics. ..I know that it mostly 'usual suspects' on promo . under the table deals in exchange? has to be something to overcome this crazy disparity, merits of the protocol surely cannot be enough alone.. it's just too much. how can anybody ignore.. Is this the real figure?? .....wow..jesus christ.

NXT's distribution is relatively good compared to Bitcoin which is the status quo cryptocurrency flagship. 30% of Nxt is owned by 0.07% of accounts, in Bitcoin 30% is owned by 0.005% of accounts.

it's just utterly ridiculous.   Go back to the posters infographic...  it shows 1,150 + 150 = 1,300 total accounts.

What is .76% of 1,300?   9.88   So this 'instacash' character tells me I'm lying because I said 9 accounts own a majority?

Okay I'm wrong, 9.88 accounts own 75% of all Nxt.

~24335 total accounts atm: http://blocks.nxtcrypto.org/nxt/nxt.cgi?action=10 (of which many thousands probably own little or none nxt, indeed)

You are lying once again, will you ever cut the crap? I am more and more convinced that you act stupid on purpose.

[FrictionlessCoin]

mindboggling.
some thought crypto is getaway from fiat fatcat oligarch snowball effect rich get richer .. but out of frying pan into a fucking surface of the sun it seems.. these numbers are insane. I struggle to understand how so many seemingly switched on user are incentivized to be so evangelical about NXT with such statistics. ..I know that it mostly 'usual suspects' on promo . under the table deals in exchange? has to be something to overcome this crazy disparity, merits of the protocol surely cannot be enough alone.. it's just too much. how can anybody ignore.. Is this the real figure?? .....wow..jesus christ.

NXT's distribution is relatively good compared to Bitcoin which is the status quo cryptocurrency flagship. 30% of Nxt is owned by 0.07% of accounts, in Bitcoin 30% is owned by 0.005% of accounts.

it's just utterly ridiculous.   Go back to the posters infographic...  it shows 1,150 + 150 = 1,300 total accounts.

What is .76% of 1,300?   9.88   So this 'instacash' character tells me I'm lying because I said 9 accounts own a majority?

Okay I'm wrong, 9.88 accounts own 75% of all Nxt.

~24335 total accounts atm: http://blocks.nxtcrypto.org/nxt/nxt.cgi?action=10

You are lying once again, will you ever cut the crap? I am more and more convinced that you act stupid on purpose.

Sigh...  go back to the infographic you posted.  Feb 2014,  1,150 own 10,000 or more  150 own 1 million or more.  In short more of the 24,335 you quote have next to nothing!

Look... I think Nxt is crap... the technology is crap, the distribution is crap.  No need to try to convince me otherwise.

[instacalm]

Look... I think Nxt is crap... the technology is crap, the distribution is crap.  No need to try to convince me otherwise.

NXT technology proves otherwise, no need for your incompetent opinion.

Why do you even think I would want to convince you? You are just an extremely envious person in my eyes, that's all.

Code:

28.9% is owned by 0.07%
21.5% is owned by  0.14%  : 2x
24.8% is owned by  0.55%  : 7.9x
20.7% is owned by  99.76% : 1425x
vs: Bitcoin
28.9%: 0.005%
21.5%: 0.087%  : 17.4x
24.8%: 0.98%    : 196x
20.7%: 98.928% : 19786x

Distribution is organic, NXT had an IPO anyone could invest in. Just because some didn't (me included) doesn't mean it is not fair. Back when the original IPO was launched, nobody knew that Nxt was actually at the forefront of cryptocurrency technology, hence many hesitated to invest. Nxt's distribution is becoming more widespread day by day. I like good distribution just as much as everyone else.

[FrictionlessCoin]

Look... I think Nxt is crap... the technology is crap, the distribution is crap.  No need to try to convince me otherwise.

NXT proves otherwise, no need for your incompetent opinion.

Why do you even think I would want to convince you? You are just an extremely envious person in my eyes, that's all.

PS. I repeat that I didn't ask you to babble here, I was just debunking your lie.

debunking a lie?  what lie?   the numbers don't lie. 

I didn't bring up the numbers, you did.

well... clear as day... 9-10 people own 76% of Nxt.

[FrictionlessCoin]

NXT's distribution is relatively good compared to Bitcoin which is the status quo cryptocurrency flagship. 30% of Nxt is owned by 0.07% of accounts, in Bitcoin 30% is owned by 0.005% of accounts.

it's just utterly ridiculous.   Go back to the posters infographic...  it shows 1,150 + 150 = 1,300 total accounts.

What is .76% of 1,300?   9.88   So this 'instacash' character tells me I'm lying because I said 9 accounts own a majority?

Okay I'm wrong, 9.88 accounts own 75% of all Nxt.

~24335 total accounts atm: http://blocks.nxtcrypto.org/nxt/nxt.cgi?action=10

You are lying once again, will you ever cut the crap? I am more and more convinced that you act stupid on purpose.

Look... I think Nxt is crap... the technology is crap, the distribution is crap.  No need to try to convince me otherwise.

NXT proves otherwise, no need for your incompetent opinion.

Why do you even think I would want to convince you? You are just an extremely envious person in my eyes, that's all.

PS. I repeat that I didn't ask you to babble here, I was just debunking your lie.

debunking a lie?  what lie?   the numbers don't lie.  

I didn't bring up the numbers, you did.

well... clear as day... 9-10 people own 76% of Nxt.

Carlos, 0.76% of 24336 is not 9. Even you should be able to calculate that, ouch...

Man, you keep making yourself look like a complete fool.  Read the calculations again.

[td services]

Distribution is organic, NXT had an IPO anyone could invest in. Just because some didn't (me included) doesn't mean it is not fair. Back when the original IPO was launched, nobody knew that Nxt was actually at the forefront of cryptocurrency technology, hence many hesitated to invest. Nxt's distribution is becoming more widespread day by day.

This is not true. I was not allowed to invest in the NXT presale. It was abruptly terminated without advance notice when I posted a message asking for clarification on the deadline to invest.

From https://bitcointalk.org/index.php?topic=303898.480 :

Can we still join in between now and January 3? I haven't really seen any clear definition of a deadline.

I'm waiting for the answer. BCNext reads this thread.

Some changes in the plan:

1. Fundraising is over. That last 1 BTC, sent after the 2nd marking transaction, will be accepted but no more deposits should be made.
2. Nxt will be launched earlier than on the 3rd of January, right after the final test.
3. New Nxt users r supposed to be attracted by selling NXT and distributing via Nxt Faucet.
4. Messaging feature will be released later to avoid situation when somebody attempts to bloat the blockchain making it too huge for newcomers.

BTW we need one more bootstrapping server, coz 2 servers is not enough.

So, if I understand this correctly:

1) the main dev (BCNext) no longer posts directly to this thread but you purport to communicate with him and speak for him about the project, something we can't confirm,
2) the deadline for contributing BTC to acquire Nxt, which was originally described as being open until the genesis block was approved by the community sometimes at least a month from now, is now suddenly declared over with no advance warning; and
3) the BTC that were already sent to acquire Nxt, which the main dev (BCNext) promised earlier in this thread not to touch until the genesis block was generated, have now been moved.

[instacalm]

Distribution is organic, NXT had an IPO anyone could invest in. Just because some didn't (me included) doesn't mean it is not fair. Back when the original IPO was launched, nobody knew that Nxt was actually at the forefront of cryptocurrency technology, hence many hesitated to invest. Nxt's distribution is becoming more widespread day by day.

This is not true. I was not allowed to invest in the NXT presale. It was abruptly terminated without advance notice when I posted a message asking for clarification on the deadline to invest.

Hi tdservices, BCNext explained why he speeded up the launch: He wanted Nxt to be launched by the community, not by a single person. Success of Nxt is supposed to be achieved by work of a LOT of PEOPLE. (1) -- you can observe how well this plan worked out right now.

I understand your point that you consider its change of plan to end the fundraising early an unfair move, but "NXT had an IPO anyone could invest in" remains true.  More info. Anyhow, this is a Skycoin topic, let's stay on the topic here. Everything else can be discussed in the NXT threads.

[td services]

Distribution is organic, NXT had an IPO anyone could invest in. Just because some didn't (me included) doesn't mean it is not fair. Back when the original IPO was launched, nobody knew that Nxt was actually at the forefront of cryptocurrency technology, hence many hesitated to invest. Nxt's distribution is becoming more widespread day by day.

This is not true. I was not allowed to invest in the NXT presale. It was abruptly terminated without advance notice when I posted a message asking for clarification on the deadline to invest.

Hi tdservices, BCNext explained why he speeded up the launch: He wanted Nxt to be launched by the community, not by a single person. Success of Nxt is supposed to be achieved by work of a LOT of PEOPLE. (1) -- you can observe how well this plan worked out right now.

I understand your point that you consider its change of plan to end the fundraising early an unfair move, but "NXT had an IPO anyone could invest in" remains true.  More info. Anyhow, this is a Skycoin topic, let's stay on the topic here. Everything else can be discussed in the NXT threads.

I would like nothing better than to see discussion of NXT confined to its own threads. However, the statement that everyone who wanted to invest in NXT was able to is not true, as is shown by the evidence I posted, taken from the directly for the original NXT announcement thread. I would love to see an explanation how ending the pre-sale early with out advance notice and then selling it a week layer at a 4762% markup from the pre-sale average price allowed "Nxt to be launched by the community, not by a single person. Success of Nxt is supposed to be achieved by work of a LOT of PEOPLE. " .

Ending the pre-sale abruptly without advance notice while a potential investor was inquiring about the deadline prevented further dilution of existing investment, which is the real reason I am sure is why the pre-sale was actually ended in this manner.

[skycoin]

>Anyhow, this is a Skycoin topic, let's stay on the topic here. Everything else can be discussed in the NXT threads.

NXT and other IPOs need to be discussed. The Skycoin developers are trying to have a fair IPO.  The developers need to know what other coins did right and what caused problems in the IPO.

[vlight]

You guys should take the example of the Premine(PMC) and distribute all the coins for free 

[tacotime]

Just about to smash BitMessage, ugh.  Does anyone have a better alternative public key encryption messaging?

[vlight]

Just about to smash BitMessage, ugh.  Does anyone have a better alternative public key encryption messaging?

http://invictus.io/keyhotee.php ?

edit: sorry for going of topic 

[tacotime]

Just about to smash BitMessage, ugh.  Does anyone have a better alternative public key encryption messaging?

http://invictus.io/keyhotee.php ?

Thanks, I'll play around with it.

[Stark-Fujikawa]

I saw the initial thread but forgot about this until now. Can anyone sum up what the current IPO plans are. Glancing at the original post, I don't see anything concrete yet.

[suky321]

I saw the initial thread but forgot about this until now. Can anyone sum up what the current IPO plans are. Glancing at the original post, I don't see anything concrete yet.

Agree, it's all talk now, and no action plans.  We need something concrete so that potential members (for want of a better phrase) can plan ahead.