I'm dumping Nxt and here's why you should too

[Hollowman338]

I just noticed the dilution. I am very disappointed. NXT has no future but as a SCAM coin because of this. It is gicing more trouble than what it is trying to fix.

So this champion altcoin NXT is a scam because they've delivered time and time again, while scam shitcoins have risen and descended into ruin all around them, yet NXT remains..

..and you call it a scam.

You're a fucking moron, and I wonder if you realize that you've ruined whatever credibility you might have had by making that statement.

Do you realize it?

Does it physically hurt to be that stupid?  I'm genuinely curious..

[1714852082]

1714852082

[1714852082]

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[Damelon]

[inBitweTrust]

I just noticed the dilution. I am very disappointed. NXT has no future but as a SCAM coin because of this. It is gicing more trouble than what it is trying to fix.

So this champion altcoin NXT is a scam because they've delivered time and time again, while scam shitcoins have risen and descended into ruin all around them, yet NXT remains..

..and you call it a scam.

You're a fucking moron, and I wonder if you realize that you've ruined whatever credibility you might have had by making that statement.

Do you realize it?

Does it physically hurt to be that stupid?  I'm genuinely curious..

NxT may have had a questionable ICO and distribution, but certainly should not be considered a scam coin at this point.
The coin has been dying a slow death over the past year, even in relation to bitcoin's capitulation so probably isn't the best investment.

[Hollowman338]

I just noticed the dilution. I am very disappointed. NXT has no future but as a SCAM coin because of this. It is gicing more trouble than what it is trying to fix.

So this champion altcoin NXT is a scam because they've delivered time and time again, while scam shitcoins have risen and descended into ruin all around them, yet NXT remains..

..and you call it a scam.

You're a fucking moron, and I wonder if you realize that you've ruined whatever credibility you might have had by making that statement.

Do you realize it?

Does it physically hurt to be that stupid?  I'm genuinely curious..

NxT may have had a questionable ICO and distribution, but certainly should not be considered a scam coin at this point.
The coin has been dying a slow death over the past year, even in relation to bitcoin's capitulation so probably isn't the best investment.

So please, enlighten us.  What shitcoin that you're bagholding would you suggest everyone invest in?

[m30188]

I just noticed the dilution. I am very disappointed. NXT has no future but as a SCAM coin because of this. It is gicing more trouble than what it is trying to fix.

So this champion altcoin NXT is a scam because they've delivered time and time again, while scam shitcoins have risen and descended into ruin all around them, yet NXT remains..

..and you call it a scam.

You're a fucking moron, and I wonder if you realize that you've ruined whatever credibility you might have had by making that statement.

Do you realize it?

Does it physically hurt to be that stupid?  I'm genuinely curious..

NxT may have had a questionable ICO and distribution, but certainly should not be considered a scam coin at this point.
The coin has been dying a slow death over the past year, even in relation to bitcoin's capitulation so probably isn't the best investment.

So please, enlighten us.  What shitcoin that you're bagholding would you suggest everyone invest in?

If NXT is a scam, they're playing the longest "long con" I've ever seen.

[Damelon]

He already said Nxt can't be considered a scam.

As to dying a slow death, the price in relation to BTC doesn't support this claim.

Unless it's implied all coins are dying a slow death.

[Daedelus]

...I'm certainly not a PoW ideologue.

I don't believe you   Would you like some suggestions of other old threads to dig up for tomorrow? 

[alani123]

Doesn't it seem a bit suspicious that the mass influx of people praising NXT has finally faded away? I don't know what to make of it but I think that it's quite obvious how we went from lots of people praising NXT to this. Did the developers stop paying the shills or something?  

[inBitweTrust]

So please, enlighten us.  What shitcoin that you're bagholding would you suggest everyone invest in?

I used to mine litecoin in the early days and was originally 80% BTC 20% litecoin, but sold all of it for BTC.
Now I have 99.9% BTC and .1% namecoin (for domain and testing purposes)

As far as investing, I would suggest people stick with BTC for the time being but balance their investments
with non crypto such as land, businesses(possibly crypto related), gold, and stable forms of fiat.

Any other questions, sir?

He already said Nxt can't be considered a scam.

As to dying a slow death, the price in relation to BTC doesn't support this claim.

Unless it's implied all coins are dying a slow death.

Bitcoin is capitulating as well, Nxt at an accelerated rate(dropping from 3rd in market cap to 8 or 9th:

http://coinmarketcap.com/currencies/nxt/

Keep in mind the price line is in relation to BTC.

Discounting newly pumped ICOs, not all coins are capitulating. Much to my chagrin, Ripple is growing in value.

...I'm certainly not a PoW ideologue.

I don't believe you  Would you like some suggestions of other old threads to dig up for tomorrow? 

That is why I have been advocating for a TaPoS security layer added to bitcoin over many threads and creating new
threads questioning 100% PoW in Bitcoin like this:   https://bitcointalk.org/index.php?topic=873646.0  

[Daedelus]

Doesn't it seem a bit suspicious that the mass influx of people praising NXT has finally faded away? I don't know what to make of it but I think that it's quite obvious how we went from lots of people praising NXT to this. Did the developers stop paying the shills or something?  

They faded away in March 2014... when nxtforum.org was launched. And we all went over there after creating the biggest altcoin thread bitcointalk had ever seen.


Whether you like it or not, Nxt is being adopted. And used.

The blockchain data shows ever increasing adoption, I don't think anybody expected Bitcoin levels of transactions after just 1 year. But they are increasing.

https://nxtblocks.info/#section/blockexplorer_charts

I am using May 2014 as that was the launch of the first major feature users could use, Asset Exchange.

Transactions per day has gone up more than ten fold.

May 14: 200 - 500 transactions per day
Jan 15: 5500 - 7000 transactions per day

The growing steepness of the curve in Cumulative transactions per day shows how transactions are increasing at a faster and faster rate.


With the  transactions per day increasing, the Average transactions per block per day is also rising, which is good for forgers.

May 14: 0.3 - 0.6 transactions per block per day
Jan 15: 8 - 11 transactions per block per day


No crypto shows signs of wide adoption (even Bitcoin). Nxt does show positive, concrete signs of growing adoption and at an ever increasing rate. Something must be going right  

I have noticed a couple of guys pushing this "Nxt is dying" vibe over the last day or so.  . The facts are that people like Nxt and people use it. The blockchain data and the standard 100+ people online at nxtforum.org supports this. Open your eyes  

[Damelon]

Doesn't it seem a bit suspicious that the mass influx of people praising NXT has finally faded away? I don't know what to make of it but I think that it's quite obvious how we went from lots of people praising NXT to this. Did the developers stop paying the shills or something?  

Nope. Most decided (like a lot of other communities) that BCT has a tendency to be vicious even when not warranted and left.

Good for all.

A lot still hang around and drop in on discussions that seem remotely civil and otherwise not. No use expending energy on people who have made up their minds already.

Bitcoin is capitulating as well, Nxt at an accelerated rate(dropping from 3rd in market cap to 8 or 9th:

http://coinmarketcap.com/currencies/nxt/

Keep in mind the price line is in relation to BTC.

Discounting newly pumped ICOs, not all coins are capitulating. Much to my chagrin Ripple is growing in value.

Price of Nxt since september (in BTC) has dropped about 33%. If calculated from December 2013, it's about the same.
The cap dropped together with BTC.
The drop from 3 to 8 or 9 also is due to the rise of both XRP and BTS and Stellar.

So instead of dropping, we've been overtaken, which is something different. Your explanation didn't allow for the new players in the top 10.

Otherwise, referring to the post above.

[inBitweTrust]

Doesn't it seem a bit suspicious that the mass influx of people praising NXT has finally faded away? I don't know what to make of it but I think that it's quite obvious how we went from lots of people praising NXT to this. Did the developers stop paying the shills or something?  

They are still here and regularly create new threads in the discussion section or resurect old threads criticing Bitcoin. They are just more subtle in their approach now talking about the insecurities of Bitcoin , the wastefulness of mining , the problem with inflation, ect...

I have noticed a couple of guys pushing this "Nxt is dying" vibe over the last day or so.  . The facts are that people like Nxt and people use it. The blockchain data and the standard 100+ people online at nxtforum.org supports this. Open your eyes  

There has been some push back because of the increasing amount of trolls attacking this forum with new accounts. There are somethings I like about NxT but I do tend to get annoyed that many alt users have been trolling our sections and attacking Bitcoin. I haven't gone so far as to repaying in kind on their boards but have started to push back here.

[Daedelus]

...I'm certainly not a PoW ideologue.

I don't believe you  Would you like some suggestions of other old threads to dig up for tomorrow? 

That is why I have been advocating for a TaPoS security layer added to bitcoin over many threads and creating new
threads questioning 100% PoW in Bitcoin like this:   https://bitcointalk.org/index.php?topic=873646.0  

I don't know. Doing what you can to keep POW going? 

There has been some push back because of the increasing amount of trolls attacking this forum with new accounts. There are somethings I like about NxT but I do tend to get annoyed that many alt users have been trolling our sections and attacking Bitcoin. I haven't gone so far as to repaying in kind on their boards but have started to push back here.

I notice you say alt users and not Nxt users...So you have tomorrow's dead thread already lined up for resurrection then? 

[inBitweTrust]

Price of Nxt since september (in BTC) has dropped about 33%. If calculated from December 2013, it's about the same.
The cap dropped together with BTC.
The drop from 3 to 8 or 9 also is due to the rise of both XRP and BTS and Stellar.

So instead of dropping, we've been overtaken, which is something different. Your explanation didn't allow for the new players in the top 10.

Otherwise, referring to the post above.

I suppose we can both cherry pick dates. So NxT is either languishing or capitulating depending upon the date selected in relation to BTC.
Dropping in market cap is a sign of another type of death, losing market/mindshare which is worse than price.

I notice you say alt users and not Nxt users...So you have tomorrow's dead thread already lined up for resurrection then?  

Sure, I'll probably attack paycoin some more, and attack some bitcoin business more. No rest for the wicked , eh?

[Damelon]

Price of Nxt since september (in BTC) has dropped about 33%. If calculated from December 2013, it's about the same.
The cap dropped together with BTC.
The drop from 3 to 8 or 9 also is due to the rise of both XRP and BTS and Stellar.

So instead of dropping, we've been overtaken, which is something different. Your explanation didn't allow for the new players in the top 10.

Otherwise, referring to the post above.

I suppose we can both cherry pick dates. So NxT is either languishing or capitulating depending upon the date selected in relation to BTC.
Dropping in market cap is a sign of another type of death, losing market/mindshare which is worse than price.

Moving the goal posts in a discussion is not really nice.

You mentioned cap, I counter with cap.

You then introduce a new variable of mindshare, with which I can do nothing else but disagree.

Maybe here on bitcointalk, but the world of crypto is so much larger than BCT (or BTT for preference).

[inBitweTrust]

Moving the goal posts in a discussion is not really nice.

You mentioned cap, I counter with cap.

You then introduce a new variable of mindshare, with which I can do nothing else but disagree.

Maybe here on bitcointalk, but the world of crypto is so much larger than BCT (or BTT for preference).

I was agreeing with you that if you look at the charts NxT isn't decreasing in value at all dates with respect to Bitcoin and
I was merely looking at the last 6 months before.

With regards to losing marketshare/mindshare I will again admit I was somewhat incorrect as losing market cap does indicate
a decrease in marketshare in our ecosystem while other currencies and assets take over, it can be misleading as the whole
crypto-ecosystem is growing including NxT. Thus Nxt is increasing mindshare worldwide, but decreasing marketshare
 within crypto-currencies.

[Damelon]

Moving the goal posts in a discussion is not really nice.

You mentioned cap, I counter with cap.

You then introduce a new variable of mindshare, with which I can do nothing else but disagree.

Maybe here on bitcointalk, but the world of crypto is so much larger than BCT (or BTT for preference).

I was agreeing with you that if you look at the charts NxT isn't decreasing in value at all dates with respect to Bitcoin and
I was merely looking at the last 6 months before.

With regards to losing marketshare/mindshare I will again admit I was somewhat incorrect as losing market cap does indicate
a decrease in marketshare in our ecosystem while other currencies and assets take over, it can be misleading as the whole
crypto-ecosystem is growing including NxT. Thus Nxt is increasing mindshare worldwide, but decreasing marketshare
 within crypto-currencies.

I can't say I think that is a bad thing

[inBitweTrust]

I can't say I think that is a bad thing

Yes it is indeed a bad thing:
Look at what has infested our ecosystem within the top 10... 2 debt coins (Ripple/Stellar), a Meme coin (Doge) and a scam coin (Paycoin).

Despite languishing, at least Bitshares and Nxt have real developers and ingenuity behind their projects. You have to respect that.

The rest of our ecosystem has been overun by PoW cloudmining ponzi's and PoS ICO scams.

And those that aren't directly involved in the scams are fine with profiting off of them because hey, may as well make some money
off that affiliate program or day trading on the ignorance of the uninitiated. The whole ecosystem needs a  colon cleansing.

[jones_]

I can't say I think that is a bad thing

Yes it is indeed a bad thing:
Look at what has infested our ecosystem within the top 10... 2 debt coins (Ripple/Stellar), a Meme coin (Doge) and a scam coin (Paycoin).

Despite languishing, at least Bitshares and Nxt have real developers and ingenuity behind their projects. You have to respect that.

The rest of our ecosystem has been overun by PoW cloudmining ponzi's and PoS ICO scams.

And those that aren't directly involved in the scams are fine with profiting off of them because hey, may as well make some money
off that affiliate program or day trading on the ignorance of the uninitiated. The whole ecosystem needs a  colon cleansing.

its true that most the alt coins at the top are long term scams and short term scams, and mostly copy coins, but there are some good ones and original ideas. These will eventually be weeded out and only the good ones will remain.

nxt is not better or worse than bitcoin at least not at the moment, its just different, and to keep crypto moving forward we need lots of different.

[juicyjuice87]

I just noticed the dilution. I am very disappointed. NXT has no future but as a SCAM coin because of this. It is gicing more trouble than what it is trying to fix.

I know your joking because no one can be this fucking stupid