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Author Topic: I'm dumping Nxt and here's why you should too  (Read 21257 times)
klee
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January 06, 2014, 09:46:22 PM
 #61

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
Thx!

bitcoin-0.1.0 - 12,222 lines
nxt - 4,000 lines

x3 more efficient hmmm...

NXT @3000USD?
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ymer
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January 06, 2014, 09:58:41 PM
 #62

It's easy to spot the NXT holders in this thread.

Are you too afraid to be bag holders? if you are so sure about the future of NXT just ignore the so called "trolls"  Roll Eyes
NWO (OP)
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January 06, 2014, 10:18:26 PM
 #63


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

So you're saying it could go to 0.0005? With 70+ KNOWN people that have 4,000,000 Nxt they would have a chance to cash out for 1995 BTC making them millionaires. No this is the LIMIT. Think about how many people will be jumping over each other to sell off and become millionaires. There is a reason why the price could not hold .0001 .

Did you even read the OP? Do the calculations next time.
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January 06, 2014, 10:52:18 PM
 #64

I'm out of NXT also.

I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.

The coin is way over valued at this point in time, even at .000058.

The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.

I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.

Does anyone else think Emunie is a good place to invest your money?

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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January 07, 2014, 12:01:48 AM
 #65

I'm out of NXT also.

I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.

The coin is way over valued at this point in time, even at .000058.

The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.

I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.

Does anyone else think Emunie is a good place to invest your money?


I'm also out, having enjoyed a 20x gain as well.  I figured the source code release would cause a dip.  The only thing a code release will do is unleash FUD in the short term.  NXT long term is anyone's guess.  My hunch is it won't go too far.  Not only are you fighting the usual anti crypto people but you're fighting Bitcoin for marketshare as well.  The name of the game with the alts is get in low, get out high, and move on to the next one.  Just my 2 satoshis.
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January 07, 2014, 12:15:18 AM
 #66

I'm out of NXT also.

I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.

The coin is way over valued at this point in time, even at .000058.

The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.

I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.

Does anyone else think Emunie is a good place to invest your money?


I'm also out, having enjoyed a 20x gain as well.  I figured the source code release would cause a dip.  The only thing a code release will do is unleash FUD in the short term.  NXT long term is anyone's guess.  My hunch is it won't go too far.  Not only are you fighting the usual anti crypto people but you're fighting Bitcoin for marketshare as well.  The name of the game with the alts is get in low, get out high, and move on to the next one.  Just my 2 satoshis.

Exactly.

The NXT coin is Emunie LOL. Fair distribution, going to have everybody buying in at the same time, who will sell at a loss? No downside risk.

You outsmarted me with knowing the code release would cause a drop. I thought it would at least cause a short term spike.

Anyway, those bastards at NXT got me because they decided not to sell below .00009, causing me to buy in at that point while I was waiting for it to fall below .00005. I wanted to buy in before the code release, and was waiting for it to fall even below .00005, until those stake holders decided not to sell below .00009 causing a quick rise in price.

Guys, avoid NXT or you will learn your lesson also.

Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
klee
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January 07, 2014, 12:18:07 AM
 #67

eMunie eh? LOLz
Pegged currency, good luck with that!  Cheesy
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January 07, 2014, 05:47:37 AM
 #68

I'm out of NXT also.

I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.

The coin is way over valued at this point in time, even at .000058.

The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.

I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.

Does anyone else think Emunie is a good place to invest your money?


I'm also out, having enjoyed a 20x gain as well.  I figured the source code release would cause a dip.  The only thing a code release will do is unleash FUD in the short term.  NXT long term is anyone's guess.  My hunch is it won't go too far.  Not only are you fighting the usual anti crypto people but you're fighting Bitcoin for marketshare as well.  The name of the game with the alts is get in low, get out high, and move on to the next one.  Just my 2 satoshis.

I think it was more so the DGEX issues that caused the drop, not the code release. But yes, FUD has been rampant as well.
NWO (OP)
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January 07, 2014, 06:01:11 AM
 #69

Oh god, actually there are some donors with way more than the initial 4 million. Apparently five donors who made a bigger BTC contribution received 50 MILLION Nxt, are you kidding me Nxt zombies!?!??!! Where is the future value when these people own literally 1000's of BTC worth of Nxt. As soon as the price starts to rally up, guess who will be pooping all over you? Will you still chant your rhetoric that Nxt donors deserve thousands of BTC for their single figure BTC donation. LOL.

Get me the hell away from this scam. eMunie looks like a much safer bet. At least there is a proper economic model tied to it and it isn't written in java... Let alone the amount of work that has gone into it.


NWO (OP)
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January 07, 2014, 06:03:16 AM
 #70

I'm out of NXT also.

I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.

The coin is way over valued at this point in time, even at .000058.

The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.

I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.

Does anyone else think Emunie is a good place to invest your money?


I did something similar. Bought low, sold around .0001 and then re-bought around .00007. Then a few patterns caught my eye and I realized everyone was being played from the get go by the few who own the majority.
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January 07, 2014, 08:31:55 AM
 #71

You keep telling DUMP DUMP DUMP but I don't see any NXT coming.
Damn, it looks like the price won't go lower.
Come on ! Dump right now or contact me. I'm buying 500K.
I gave up all other altcoins, it's all shit compared to NXT.
NWO (OP)
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January 07, 2014, 08:41:42 AM
 #72

You keep telling DUMP DUMP DUMP but I don't see any NXT coming.
Damn, it looks like the price won't go lower.
Come on ! Dump right now or contact me. I'm buying 500K.
I gave up all other altcoins, it's all shit compared to NXT.

Enjoy your java scam coin.
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January 07, 2014, 09:02:09 AM
 #73

Enjoy your java scam coin.

Enjoy missing the opportunity of your life.

Here is a safer bet for you :
[VSC]Visacoin:Born for circulation--based on BTC-Gold--Project start!!!

It's new, not made in java and open to everyone. Everything you are looking for.
klee
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January 07, 2014, 11:12:13 AM
 #74

Oh god, actually there are some donors with way more than the initial 4 million. Apparently five donors who made a bigger BTC contribution received 50 MILLION Nxt, are you kidding me Nxt zombies!?!??!! Where is the future value when these people own literally 1000's of BTC worth of Nxt. As soon as the price starts to rally up, guess who will be pooping all over you? Will you still chant your rhetoric that Nxt donors deserve thousands of BTC for their single figure BTC donation. LOL.

Get me the hell away from this scam. eMunie looks like a much safer bet. At least there is a proper economic model tied to it and it isn't written in java... Let alone the amount of work that has gone into it.



Cheesy
wtf man you are so idiot lol
Moebius327
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January 07, 2014, 12:31:32 PM
 #75

Why is DGEX the only exchange that accepts nxt? Who owns the exchange?
NWO (OP)
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January 07, 2014, 01:54:12 PM
 #76

Enjoy your java scam coin.

Enjoy missing the opportunity of your life.

Here is a safer bet for you :
[VSC]Visacoin:Born for circulation--based on BTC-Gold--Project start!!!

It's new, not made in java and open to everyone. Everything you are looking for.

How's that Nxt going for you?  Roll Eyes

Imagine if you had just listened. This is a sinking ship. I might scoop a few mil at 0.000000000000000000002
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January 07, 2014, 01:58:21 PM
 #77

wow, cheap coins!! so happy Smiley
thanks to all bears out there..

BTC: 16o89714EG9WGyi39NxifutFYk55QkxqQK
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January 07, 2014, 02:29:17 PM
 #78

How's that Nxt going for you?  Roll Eyes

Imagine if you had just listened. This is a sinking ship. I might scoop a few mil at 0.000000000000000000002

 1/72 of the investor got greedy and decided to f***k the other ones Smiley

Ah well the rest 71 has to start from scratch again...time for more manipulative micro trading. lol
NWO (OP)
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January 07, 2014, 02:46:08 PM
 #79

How's that Nxt going for you?  Roll Eyes

Imagine if you had just listened. This is a sinking ship. I might scoop a few mil at 0.000000000000000000002

 1/72 of the investor got greedy and decided to f***k the other ones Smiley

Ah well the rest 71 has to start from scratch again...time for more manipulative micro trading. lol

Let's hope the others panic and the price goes to 0.0000000000000000000000000002

Then we can start over with an even distribution  Roll Eyes
superresistant
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January 07, 2014, 02:51:02 PM
 #80

How's that Nxt going for you?  Roll Eyes
Imagine if you had just listened. This is a sinking ship. I might scoop a few mil at 0.000000000000000000002
1/72 of the investor got greedy and decided to f***k the other ones Smiley
Ah well the rest 71 has to start from scratch again...time for more manipulative micro trading. lol
Let's hope the others panic and the price goes to 0.0000000000000000000000000002
Then we can start over with an even distribution  Roll Eyes

So if the price go lower, you admit you would invest in it right ?
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