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Author Topic: I'm dumping Nxt and here's why you should too  (Read 21265 times)
superresistant
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January 06, 2014, 12:49:19 PM
Last edit: January 06, 2014, 01:42:01 PM by superresistant
 #41

Actually it is a warning to not get duped. Of course a large bag holder like yourself would find this offensive  Roll Eyes
So what is your advice ? Dumping all your coin ? You call this an advice ?
Maybe that mask is covering your eyes but it is all in the thread why Nxt is the worst investment right now.

It is not what you are saying :
"I'm dumping Nxt and here's why you should too"

Terrible advice. You are trying to drive the price lower.

I bought NXT at the beginning while a lot of people where saying not to do so and while some haters where DDOSing hard. What doesn't kill NXT make it stronger. I made more than 50 times my investment. My advice is to continue buying it, but it is only an advice, of course you have to do your own research !
Everything about NXT is in the damn thread through more than 750 pages. The rest is trolling and fantasy.


EDIT :
It remind me of Litecoin :
Not long ago, Litecoin was going down while some people where trolling it hard. I advised people to buy it. Not long after, Litecoin jumped from 0.009 to 0.06
Turned out that all trolls where big Litecoin holder. They made a killing by fooling noobs.
Read this thread as a proof.

This is exactly what's happening here : Big holder are trying to drive the price down before the next jump.

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January 06, 2014, 01:06:12 PM
 #42

I was a supporter of NXT during the early stages and got out after reading this thread last year.
https://nextcoin.org/index.php/topic,883.msg7215.html#msg7215

So my advise would be ,
if you are already in it, dont sell anything at a loss.
Because the big fishes will play their manipulative game again and make sure this coin will reach new heights.
With 80% holding of this coin, among a selected number of individuals and by setting up your own exchange, what would you expect?

If you are newbie, trying to invest fresh, may be its worth avoiding this one.
Unless all the newbies are educated about this scam, more people are going to fall prey for it and eventually get burnt.
Thats my 2 cents anyways.

peace.
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January 06, 2014, 01:20:29 PM
 #43

I was a supporter of NXT during the early stages and got out after reading this thread last year.
https://nextcoin.org/index.php/topic,883.msg7215.html#msg7215

So my advise would be ,
if you are already in it, dont sell anything at a loss.
Because the big fishes will play their manipulative game again and make sure this coin will reach new heights.
With 80% holding of this coin, among a selected number of individuals and by setting up your own exchange, what would you expect?

If you are newbie, trying to invest fresh, may be its worth avoiding this one.
Unless all the newbies are educated about this scam, more people are going to fall prey for it and eventually get burnt.
Thats my 2 cents anyways.

peace.

Great read, thank you. I think we have hit the tip of the iceberg. Just wait until the zombie army wakes up to being played instead of chanting 'donors deserve our money' rhetoric, these forums will be crazy with angry investors.
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January 06, 2014, 01:44:14 PM
 #44

I was a supporter of NXT during the early stages and got out after reading this thread last year.
https://nextcoin.org/index.php/topic,883.msg7215.html#msg7215

So my advise would be ,
if you are already in it, dont sell anything at a loss.
Because the big fishes will play their manipulative game again and make sure this coin will reach new heights.
With 80% holding of this coin, among a selected number of individuals and by setting up your own exchange, what would you expect?

If you are newbie, trying to invest fresh, may be its worth avoiding this one.
Unless all the newbies are educated about this scam, more people are going to fall prey for it and eventually get burnt.
Thats my 2 cents anyways.

peace.

Great read, thank you. I think we have hit the tip of the iceberg. Just wait until the zombie army wakes up to being played instead of chanting 'donors deserve our money' rhetoric, these forums will be crazy with angry investors.
Wow 3 whole pages of bollocks. Cant wait to come back to tell u how wrong you are.
My advice would be to research for yourself dont listen to this goon. He knows nothing. All the coins on here are risky. But what i do know is 90% of all the coins listed here are copy clones of btc and lite coin designed to be oumped and dumped. NXT is different a while new concept. The op here is pissed cos he wasnt in at the start. Well if he actually knows anything ask hime qhich coin is a good investment at the minute. He wont be able to tell you because there all pump and dumps. Dont waste your time reading troll spew like this thread come over to the nxt thread and read for yourselves. We have a comunity all these other scam coins are crying out for. Nxt will succeed and this guy will be sorry. I promise you

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January 06, 2014, 01:50:02 PM
 #45

dem feels

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January 06, 2014, 04:58:49 PM
 #46

I dumped mine, not because I was mad at those mean greedy 'ole early adopters who risked BTC when no when else would and now have the gall to not just hand their coins out (sarcasm in case you couldn't tell) but because the source code was finally released and word is it is a mess.

I must provide a bit of a correction as I have been following the code review thread and your statement about the source code being a mess does not hold water. The fact of the matter is the code that was released on the 3rd had 3 purposely placed security flaws placed in it and the individuals to find them will receive a bounty. As of last night, when I last viewed the thread, not one flaw had been discovered yet, and like I said, there are 3 there on purpose.

We're talking 3 flaws on purpose (bugs are a completely different thing and are unavoidable in coding - right Microsoft? lol) and experienced developers are having trouble finding them.

Now, if we are discussing how the code looks, that is completely irrelevant as now you are getting into a discussion of form before function and vice versa. I take function over form any day. Trust me, I have fired the best code // commenters in the world.

Here's a simple fact, BCNext managed to do what Bitcoin Network does with approx. 4,000 (out of 6,800) lines of java. Brilliant.

Nxt Source Code Flaw Reports
https://bitcointalk.org/index.php?topic=397183.0

Nxt Source Code Analysis
https://bitcointalk.org/index.php?topic=397214.0

solracx
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January 06, 2014, 05:03:44 PM
 #47

I dumped mine, not because I was mad at those mean greedy 'ole early adopters who risked BTC when no when else would and now have the gall to not just hand their coins out (sarcasm in case you couldn't tell) but because the source code was finally released and word is it is a mess.

I must provide a bit of a correction as I have been following the code review thread and your statement about the source code being a mess does not hold water. The fact of the matter is the code that was released on the 3rd had 3 purposely placed security flaws placed in it and the individuals to find them will receive a bounty. As of last night, when I last viewed the thread, not one flaw had been discovered yet, and like I said, there are 3 there on purpose.

We're talking 3 flaws on purpose (bugs are a completely different thing and are unavoidable in coding - right Microsoft? lol) and experienced developers are having trouble finding them.

Now, if we are discussing how the code looks, that is completely irrelevant as now you are getting into a discussion of form before function and vice versa. I take function over form any day. Trust me, I have fired the best code // commenters in the world.

Here's a simple fact, BCNext managed to do what Bitcoin Network does with approx. 4,000 (out of 6,800) lines of java. Brilliant.

Nxt Source Code Flaw Reports
https://bitcointalk.org/index.php?topic=397183.0

Nxt Source Code Analysis
https://bitcointalk.org/index.php?topic=397214.0

Wow... what a load of B.S.   The code is a mess,   a lot of folks have found a lot of other bugs that were in it outside of the fictitious bugs they claim to have 'injected'.

In fact there are several serious bugs that were indentified that can pontentially kill the coin.  The biggest one is the lack of use of a databse to hold the block chain.

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January 06, 2014, 05:17:49 PM
 #48

I was a supporter of NXT during the early stages and got out after reading this thread last year.
https://nextcoin.org/index.php/topic,883.msg7215.html#msg7215

So my advise would be ,
if you are already in it, dont sell anything at a loss.
Because the big fishes will play their manipulative game again and make sure this coin will reach new heights.
With 80% holding of this coin, among a selected number of individuals and by setting up your own exchange, what would you expect?

If you are newbie, trying to invest fresh, may be its worth avoiding this one.
Unless all the newbies are educated about this scam, more people are going to fall prey for it and eventually get burnt.
Thats my 2 cents anyways.

peace.

Great read, thank you. I think we have hit the tip of the iceberg. Just wait until the zombie army wakes up to being played instead of chanting 'donors deserve our money' rhetoric, these forums will be crazy with angry investors.

Most obvious question is, why do people care so much about what other people do? Just sounds like you're trying to sell something by telling people they're being scammed. People will find out for themselves when the time comes, otherwise you're just telling people your opinion, which means absolute shit. 
ZeroTheGreat
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January 06, 2014, 05:32:17 PM
 #49

And my advice for %username% is: develop strategy. Which profit do u seek? Which risks ar u willing to take? After carefully thinked and rethinked scenario buy/sell at prepared points and don't regret about anything.

Like in every game, in trading (we're not talking about investitions here, cos "selling at future point" was taken, trully investition goes forever, if it's stable itself, ofc; future selling only comes with speculator's business) STRATEGY comes first. Develop yours and stick with it. Don't change it in a middle of a game, if nothing really dangerous happening.
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January 06, 2014, 05:40:37 PM
 #50

 a lot of folks have found a lot of other bugs that were in it outside of the fictitious bugs they claim to have 'injected'.

In fact there are several serious bugs that were indentified that can pontentially kill the coin.  The biggest one is the lack of use of a databse to hold the block chain.

Source please?

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hypostatization
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January 06, 2014, 05:46:30 PM
 #51

Has anyone produced data charting the distribution of NXT over time?

It would be nice to have a better picture of the impact that its launch and daily trading has had on distribution.

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January 06, 2014, 05:56:48 PM
 #52


Which is exactly my point. This coin will never move up in value as the huge bagholders will constantly be cleaning up.

The price will never move because any kind of rally will be providing the demand needed to cash out.

I'm not an initial founder, but 3 weeks ago I bought some NXT for 0.000005 as the ideas behind it struck me as brilliant, and now I'm sitting on a 10x value increase.

People said the same then. How is your thread not just speculation?

It's the features that NXT has to offer that will drive up the demand and thus the price. If you believe it or not, the client code will be cleaned up, a simpler client will come out, more innovative features will be added, what do you think will happen to the price?  Wink
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January 06, 2014, 06:01:25 PM
Last edit: January 06, 2014, 06:38:57 PM by relm9
 #53

When people start making these 'it's time to get out' threads it usually means a good buying opportunity.

NXT has a huge community compared to other coins, it's worth seeing how it all plays out. If you invested more than you feel comfortable with, then sure, it may be a good idea to sell.
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January 06, 2014, 06:39:35 PM
 #54

You're an idiot for buying in the first place then, nothing has changed.

The only people selling are those stakeholders, providing supply to the market - everyone can see that NXT (and POS) is the future of cryptos. Please do sell so I can pick some up cheaply! Also, everyone had an opportunity to get involved at the beginning. Unfortunately I didn't, so am now having to pay a premium.

Lol have fun lining the pockets of the few who did donate. Nxt will NEVER bring you any decent profit when .001 means 3999 BTC for 70+ people. Keep up the optimism and ignoring obvious signs of a financial failure. Good way to lose money. Bravo!

I donated 0.05BTC when BCNext started, and when it released made over 20BTC the first day. I regret not holding now...

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January 06, 2014, 06:43:31 PM
 #55

the op just want prices to go down to buy haha
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January 06, 2014, 07:20:00 PM
 #56

I dumped mine, not because I was mad at those mean greedy 'ole early adopters who risked BTC when no when else would and now have the gall to not just hand their coins out (sarcasm in case you couldn't tell) but because the source code was finally released and word is it is a mess.

I must provide a bit of a correction as I have been following the code review thread and your statement about the source code being a mess does not hold water. The fact of the matter is the code that was released on the 3rd had 3 purposely placed security flaws placed in it and the individuals to find them will receive a bounty. As of last night, when I last viewed the thread, not one flaw had been discovered yet, and like I said, there are 3 there on purpose.

We're talking 3 flaws on purpose (bugs are a completely different thing and are unavoidable in coding - right Microsoft? lol) and experienced developers are having trouble finding them.

Now, if we are discussing how the code looks, that is completely irrelevant as now you are getting into a discussion of form before function and vice versa. I take function over form any day. Trust me, I have fired the best code // commenters in the world.

Here's a simple fact, BCNext managed to do what Bitcoin Network does with approx. 4,000 (out of 6,800) lines of java. Brilliant.

Nxt Source Code Flaw Reports
https://bitcointalk.org/index.php?topic=397183.0

Nxt Source Code Analysis
https://bitcointalk.org/index.php?topic=397214.0
How many code lines is the Bitcoin source?
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January 06, 2014, 08:28:46 PM
 #57

The problem is you don't see a full picture.. if the 'donors' could dump all coins at once, they couldn't cuz there would not be enough demand for NXT on exchange. So what is happening now is steady decrease of their stash to newcomers.. which gives you the distribution. If you only look for profit, probably this coin is not for you since it bets on feature richness. Who understands the potential behind those features will win in the end.

I agree. I have invested a lot into aliases. That feature alone is absolutely fantastic and might make me way more rich than any
of big stakeholders will ever be (asuming they did not invested in aliases, at least not in "killer" ones). NXT is Bitcoin + DotCom
thing in one package. Double bubble? Maybe, but definitely interesting to be a part of the deal, for very cheap (alias registration
costs a mere 1 NXT, a bargain).

I'm no longer looking at and whinning (much) about richess early adopters got with NXT or something else. It is counterproductive.
Either wait for the next train or get the most out of the ones currently running.

theres nothing here. message me if you want to put something here.
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January 06, 2014, 08:43:02 PM
Last edit: January 07, 2014, 07:35:42 AM by pinarello
 #58

OP gives worst advice ever, you steal from people by giving this sort of advice.

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January 06, 2014, 09:25:53 PM
 #59

I dumped mine, not because I was mad at those mean greedy 'ole early adopters who risked BTC when no when else would and now have the gall to not just hand their coins out (sarcasm in case you couldn't tell) but because the source code was finally released and word is it is a mess.

I must provide a bit of a correction as I have been following the code review thread and your statement about the source code being a mess does not hold water. The fact of the matter is the code that was released on the 3rd had 3 purposely placed security flaws placed in it and the individuals to find them will receive a bounty. As of last night, when I last viewed the thread, not one flaw had been discovered yet, and like I said, there are 3 there on purpose.

We're talking 3 flaws on purpose (bugs are a completely different thing and are unavoidable in coding - right Microsoft? lol) and experienced developers are having trouble finding them.

Now, if we are discussing how the code looks, that is completely irrelevant as now you are getting into a discussion of form before function and vice versa. I take function over form any day. Trust me, I have fired the best code // commenters in the world.

Here's a simple fact, BCNext managed to do what Bitcoin Network does with approx. 4,000 (out of 6,800) lines of java. Brilliant.

Nxt Source Code Flaw Reports
https://bitcointalk.org/index.php?topic=397183.0

Nxt Source Code Analysis
https://bitcointalk.org/index.php?topic=397214.0
How many code lines is the Bitcoin source?

This is the best I can do regarding the question, https://bitcointalk.org/index.php?topic=289807.0

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January 06, 2014, 09:27:34 PM
 #60

lol at this when i see people jumping on any new NXT copycats, sending BTC like crazy to be among the first holders.

The most probable way to end up scammed at the moment. I could bet on none of those altcoins ever come into existence.
It is one thing to have geniuine developer with not so good idea for IPO and it is another thing to be nothing but scammer,
which is what all those new "developers" are most likely, stealing money from greedy and dumb with "Next of Next" deals.

theres nothing here. message me if you want to put something here.
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