EDIT: I am correcting the initial post with the information which was given in the discussion.First of all, let me state that I am one of the biggest Nxt fans: I not only bought close to 130,000 Nxt but I am also a gateway for Nxt in Bulgaria through
http://hash.bg - a site created to promote the crypto revolution in the country.
As you can see from our
forum - there is a special room for Nxt discussions alongside Bitcoin. The very active Nxt contributor in Bitcointalk
'Bai Mangal' is also part of the team, an active member of hash.bg, and a big investor of own money in the project. Thus, writing this posting, we risk losing all value of our Nxt holdings, if panic bursts out.
We do it nevertheless because we want to warn new comers about the risks and, most of all, in the hope to save this good software and to engage the whole Nxt community in our attempt to set things straight. We believe it is time for Nxt to get 100% transparent and to be put on a sound foundation from where to grow.
Here is the Nxt story in short:
The first posting of "Nxt's founder", known as
BCNext, is on September 28, 2013 at 07:29:09 AM (UTC+2) where
he announces the Nxt idea.Only
SIX minutes later, he posts the following.
This conjecture for 6 minutes later is wrong. He has reserved the second posting and last updated it days laterImportant
15 minutes ago I had a talk with a man (or a woman) who said he is a police officer. We were chatting via Skype, he asked me to make him a phone call because he has important information for me. I refused to do so and closed Skype.
Some things to think about:
- I always use Tor surfing the Internet.
- How is it possible to get my Skype number which was created for Nxt project? It was known by 3 people only who are working on Nxt project.
- The phone number was +194... It's the USA and it's a night in there right now. Was it a joke?
- I have checked the computer, no malware found.
I will reinstall OS on my computer and will disapear for a couple of days until I find other ways to surf anonymously but without Tor.
PS: This message was posted by a member of my team.
So, he had a talk with the police on a brand new Skype account, used via TOR, nine minutes before even posting the Nxt idea!!! The police in the US must have had psychic abilities to anticipate a revolutionary posting on bitcointalk by an anonymous author who threatens to destroy the world banking system. The police thinks that the best approach in this case is to contact him right away and ask him to call the police in the US.
This only shows that the founder of Nxt is inclined to resort to childish lies in order to get his point - staying anonymous in this case.
Then there comes the story from yesterday. As the Nxt price was crashing by nearly 30% the "public face" behind Nxt, known as
Coming-From-Beyond, posted:
Woulda Coulda Shoulda. Then sell me some NxT as a token of gratitude for pumping the price up.
Sorry, in 3 weeks the price will touch 1'000 BTC for 1'000'000 NXT mark. I don't sell at current price.Might you explain why?
(This is a personal opinion, not an advice to invest)
This of course is as ridiculous as the "FBI story" above. I do not think I need to explain why; if you do not see it, just ask someone who knows Wall Street... From these two incidents, we know that both BCNext and Coming-From-Beyond have the same tendency to write bullshit without realising how stupid it is.
Now let's take a look at the big picture:Some guy, BCNext, announces a revolutionary new coin, not a bitcoin-clone, with dream capabilities like a truly-peer-to-peer built-in Exchange among others. He does not care to reveal the principle behind this P2P exchange, explaining he does not want copycats, which is understandable.
The system uses pre-mined units in the amount of 1 billion, which is similar to Ripple but with the big difference that the people behind ripple are public figures and the ones behind Nxt not.
Now, Nxt-idea sounds good and exciting and the community starts to grow. There are even 71 stakeholders who send 21btc in total and get Nxt in return. The software team grows - with steady and generous payments in Nxt by the stakeholders to everyone who helps spread the word and thus finds fresh funds!
End of November, 2014 a new member of the team - Coming-from-beyond is hired to help everyone interested in Nxt. Around the same time BCNext stops writing in the forum.
EDIT: It turns out that CfB has taken over the development to some extent and thus rewritten the initial version to use jetty. Logical, if he has experience with this technology. It does not somehow fit in the whole picture though..But look at the
profile of Coming-From-Beyond: there is a link to his site
http://qubic.boards.net/ where the first posting is by the administrator known as... Coming from beyond, posted a full year before Nxt:
http://qubic.boards.net/thread/1/qubichttps://i.imgur.com/dTkn244.pngRead the Qubic idea and see some interesting things:
https://i.imgur.com/BCgQQHt.pngsource:
http://qubic.boards.net/thread/2/cfbs-implementation-progressIt is written in
Java utilising jetty... sounds a creepy coincidence that Nxt is built on jetty too.
Who does not yet believe that basically BCNext and CfB are the same person!Which would be OK, if it was not for the whole circus about BCNext hiring CfB.
So, in essence the Belarussian BCNext/CfB has a good business model: Print 1 billion Nxt coins, excite people to start developing for Nxt, promise the community some revolutionary break-troughs to be revealed and start selling as many of his Nxt as possible.
I do not know who else is in the scheme - I believe that most of the developers and people, who have created Nxt-oriented sites and forums - are people like me and Bai Mangal who believe in the idea and are not involved with the scheme.
I strongly doubt that CfB/BCNext has a solution for a truly-peer-to-peer in Nxt. Seeing his childish behaviour (it is not meant as an insult, it really is just that) and his level of thought in 2012 (from cubic forum), I do not believe he has been able to solve a riddle, whose solution has been ellusive to many greater minds than him.
Thus, I do not beleive that anything revolutionary will soon come from Nxt - CfB/BCNext just tries to keep the fire burning as long as he can and sell as many of his Nxt holdings as he can, before disappearing.
But I hope it is not game over yet!First, we have to see CfB's explanation to the above points - but please man, be honest, you are really terrible at making up stories! Everyone will confirm it to you.
Next, I call on all developers and contributors to Nxt to unite and secure the available source code. How much of it is in possession of Cfb/BCNext? How is the development organised? There is no need to be anonymous if you are not in the "scheme". Coming out will boost Nxt from a little project to a phenomenon, can you not realise it?
Let us see what we have now and start from there. Nxt is a fine software even now, with great functions, and I think we can all advance it a lot together, after we have open the source code and thus stop being dependent on CfB's "genious P2P" announcements and know-how.
And finally, I decided to not sell my Nxt coins. Even if the price now falls but we are able to secure the source code, I would be willing to buy because I believe the exciting Nxt infrastructure and community are good enough to bring the Nxt idea to success.
If it crashes, let it be - I paid a good price for a good lesson. The centralised banking system has crippled our insticts when it comes to money and the crypto revolution will only succeed if we all regain these skills back.
Cheers to all
