[ANN] NEX :: Nxt Reimagined - Industrial Strength - Imagine Fairness!

[GröBkAz]

The project sonds a little to socialistic .

How could something for free evolve a value? It it will be ever worthless?

Well, all crypto coins are basically worthless. People are what give coins value, not the coins themselves. I hold 10 million of some altcoins and it's absolutely worthless, but if enough people said it had value, by buying it for BTC, or trading it, or using it to buy or sell goods, then it would be valuable.

It being free just negates the coin having a precedent; a value already placed on the coin as a benchmark. The value would be entirely dependent on the market. It's by no means worthless. It depends on market confidence, which depends on the developer's execution of this idea and the people who deal in NEX.

But altcoins and nxt are not for free. They cost btc or cpu/gpu power. But without this nobody will belive in a value.

[Nullu]

The project sonds a little to socialistic .

How could something for free evolve a value? It it will be ever worthless?

When Bitcoin came out, it was given away free.  

Buying a Pizza for 10,000 BTC, meant that Bitcoin at that time was virtually free.

Value is created because of network effects.

Please see my post above yours. Yes, I totally agree. It's more about psychology than it is inherent worth. Bitcoins are just information. They're not a physical commodity. They don't have to be. We give something value. The value doesn't have to be built in from the start.

[Nullu]

The project sonds a little to socialistic .

How could something for free evolve a value? It it will be ever worthless?

Well, all crypto coins are basically worthless. People are what give coins value, not the coins themselves. I hold 10 million of some altcoins and it's absolutely worthless, but if enough people said it had value, by buying it for BTC, or trading it, or using it to buy or sell goods, then it would be valuable.

It being free just negates the coin having a precedent; a value already placed on the coin as a benchmark. The value would be entirely dependent on the market. It's by no means worthless. It depends on market confidence, which depends on the developer's execution of this idea and the people who deal in NEX.

But altcoins and nxt are not for free. They cost btc or cpu/gpu power. But without this nobody will belive in a value.

Well OK, not "free". Nothing in life is free. But for all intents and purposes the cost is extremely minimal, until the market gives it value. I should said the cost vs the potential value is vastly disproportionate when the cost to mine/obtain the coin is very minimal.

NEX will gain value if enough people buy into the idea that it will have value. It's as simple as that. Every crypto currency has this idea at its core. Whether it be difficulty, market value, development or community; People control the price.

[Pablito89]

Interested
add me

[Manwe]

Yes, I want a part of the 1 Billion coins.

[GröBkAz]

But nobody will give a other person money for something that the person has got for free in the past. You need ever a initial value. This is a question of psychologie and human envy

[romawi]

I am interested, please add me
thanks

[ZeroTheGreat]

Philanthropy may get you to the top, or may be employed by people at the top, but it's not a capitalist ideal.

It actually is IMO. Money — just a tool to comfort yourself and, when u're comfortable enough, to make the world a better place (for yourself, again — rational egoism: u'll feel the best if everything around u is the best either) in every way u choose to do it.

[FrictionlessCoin]

Sign the petition to demand Nxt release source code so we can begin our journey:  https://bitcointalk.org/index.php?topic=422590.msg4598983

[Come-from-Beyond]

Sign the petition to demand Nxt release source code so we can begin our journey:  https://bitcointalk.org/index.php?topic=422590.msg4598983

Done - https://bitcointalk.org/index.php?topic=422590.msg4599027#msg4599027

[Nullu]

But nobody will give a other person money for something that the person has get for free in the past. You need ever a initial value. This is a question of psychologie and human envy

Money is inherently worthless, no matter what currency you look at. I agree it won't have value until someone buys NEX, but again this goes back to the market. If the market thinks it's worth something, it will be worth something.

Worth isn't a tangible property. Worth doesn't mean bitcoin, or USD or NXT or anything like that. Worth is what people determine. A currency doesn't have to be exchangable to have worth, therefore it does not have to have a price to acquire worth.

Scarcity alone gives something worth. When the free NEX is over, it then becomes scarce. Enough alone to give something value.

[Nullu]

Sign the petition to demand Nxt release source code so we can begin our journey:  https://bitcointalk.org/index.php?topic=422590.msg4598983

So..this project won't take off the ground unless NXT release the source code?

I think I see a slight inkling of a flaw here.

[Come-from-Beyond]

So..this project won't take off the ground unless NXT release the source code?

FrictionlessCoin is busy working on http://dot-bit.org/forum/viewtopic.php?f=9&t=1450&sid=a631b91d8173c41ed98aa95e6b86a49e right now, so yes, we have to wait when Nxt releases the code.

[FrictionlessCoin]

Sign the petition to demand Nxt release source code so we can begin our journey:  https://bitcointalk.org/index.php?topic=422590.msg4598983

So..this project won't take off the ground unless NXT release the source code?

I think I see a slight inkling of a flaw here.

I am calling their bluff that "Nxt is open source".

Rest assured,  we have in the wings a better version.

[ZeroTheGreat]

So..this project won't take off the ground unless NXT release the source code?

U don't need money to become a NEX stakeholder.
U don't need any programs to participate in network either. Use your imagination! NEX's trully revolutional, keeping network alive doesn't require any computer of Internet-connection. Immortal and perfect ecosystem.

[longzai1988]

interested, add me in

[GröBkAz]

It is hard to belive in this project. I have the feeling that the dev is just envious regarding to the success of the nxt project. I remember his scathing remarks to the nxt source code. Im not realy sure if this is not a big joke and scam for some donations.

[Nullu]

Sign the petition to demand Nxt release source code so we can begin our journey:  https://bitcointalk.org/index.php?topic=422590.msg4598983

So..this project won't take off the ground unless NXT release the source code?

I think I see a slight inkling of a flaw here.

I am calling their bluff that "Nxt is open source".

Oh, I entirely agree with you. If the source isn't public then no, it is not open source. But if NXT are keeping the source to themselves for financial reasons, I do not see what motivation they would have to release it. When I say flaw, what I mean to say is, NXT are not going to release to source unless it is in their best interests, so any protest would have to impact the value of NXT to be successful.

[ZeroTheGreat]

I am calling their bluff that "Nxt is open source".

Rest assured,  we have in the wings a better version.

Their? No one'd say such thing. More correct description will be: "Base code of Nxt (classes of objects, datathreads) went public 3rd of Jan, 2013, new features're testing as closed source, but anyone can decompile Java binaries and take a look, cos it isn't obfuscated".

[FrictionlessCoin]

Sign the petition to demand Nxt release source code so we can begin our journey:  https://bitcointalk.org/index.php?topic=422590.msg4598983

So..this project won't take off the ground unless NXT release the source code?

I think I see a slight inkling of a flaw here.

I am calling their bluff that "Nxt is open source".

Oh, I entirely agree with you. If the source isn't public then no, it is not open source. But if NXT are keeping the source to themselves for financial reasons, I do not see what motivation they would have to release it. When I say flaw, what I mean to say is, NXT are not going to release to source unless it is in their best interests, so any protest would have to impact the value of NXT to be successful.

If the source code is closed,  then how can I trust that it does not have malware.  Maybe you didn't know,  most all the developers of Nxt are from Belarus.