Wow! Next pump?

[trunzo]

Next is rising, where he will stay this time up? What are the reasons?

[mezzovide]

fortunately there is not just one but many reason behind this pump, unlike many other coins  

1. Asset Exchange open beta (testnet)
2. Clients released! (yep.. more than 1, but most still in beta) here's one if u interested to try testnet https://nextcoin.org/index.php/topic,3975.0.html
3. Newcomers
4. BTC downhill
5. Scripts planned
6. Voting system planned

[trunzo]

Thanks for the info!

there is a page where you can read such info?

I've noticed that there are people who try to push down the next course!

It sell for example  next in value of 7 Btc! Why when the price rises? Do not understand why the price can not go up?

[nextgencoin]

Thanks for the info!

there is a page where you can read such info?

I've noticed that there are people who try to push down the next course!

It sell for example  next in value of 7 Btc! Why when the price rises? Do not understand why the price can not go up?

Firstly the price is not rising much, like 10% (in $ tersm) last time I looked. Secondly much of the gain is down to its stability ie As other coins sell off NXT stays the course because most invested in NXT are long term holders that recognize the long term value and know it probably wont dive at a moment notice like most coins can and will. So much of the move is really BTC going down not NXT increasing much.


Something I have noticed for such a young 'POS' coin that everyone talks about being susceptible to big price swings due to large holders it has been over the last couple of months incredibly stable.

Which sets up an interesting proposal. Maybe NXT is the coin other coins should be priced and traded against rather than BTC??

[mr_random]

The price is rising because it's a cryptocurrency not based on the Bitcoin protocol and thus isn't experiencing the issues Bitcoin and it's clones are.

An event like this makes it clear why it's good having a crypto based on a whole different codeset and concept a good idea.

[trunzo]

But I still do not understand why the press want the price down? Have the now already read often ...

[nextgencoin]

But I still do not understand why the press want the price down? Have the now already read often ...

Thats a rabbits hole that you need to want to go down to find the answer. It wont be pretty and will probably shatter everything you understand about  how the world is run and who controls the banks, media and the politicians.

If you know that then its a no brainer why Bitcoin threatens everything that is dear to the ruling global elite.

[trunzo]

It's been a big sell order in there with 0.00007950 6.36 BTC!
Right now someone has set a sell order for exactly 0.00008000 BTC 8!

If he wants to sell necessarily, he is 0.00007949, and 0.00008000 not!

The only reason can be the one to push prices down! But why??

[mezzovide]

please dont pay too much attention to 1 nxt price now,
we're just getting started and the way nxt created and works, its possible to keep the price relatively stable.

so we're mostly safe from those who want pump and dump scheme. If there's ppl pumping pumping it way out of line, whales (stakeholders) could release more nxt to the market so price would stabilize, either its going up slowly (more ppl can jump into nxt wagon without worrying its too late) or going down slowly (again more ppl can jump into nxt wagon at low prices), at least, until nxt heavily distributed and used and whales losing its power to driving the market, by then, we will see Nxt become a true currency and beyond your wildest imagination (hint: cryptoplatform).  

[nextgencoin]

It's been a big sell order in there with 0.00007950 6.36 BTC!
Right now someone has set a sell order for exactly 0.00008000 BTC 8!

If he wants to sell necessarily, he is 0.00007949, and 0.00008000 not!

The only reason can be the one to push prices down! But why??

You acting like you don't know your elbow from your ass. I'm not convinced.....



People obviously have motivation to both push the price down of up to suit when they are buying or selling. Do you need a picture?

[trunzo]

It's been a big sell order in there with 0.00007950 6.36 BTC!
Right now someone has set a sell order for exactly 0.00008000 BTC 8!

If he wants to sell necessarily, he is 0.00007949, and 0.00008000 not!

The only reason can be the one to push prices down! But why??

You acting like you don't know your elbow from your ass. I'm not convinced.....



People obviously have motivation to both push the price down of up to suit when they are buying or selling. Do you need a picture?

Your comment is total nonsense! Faith the next makers want a stable exchange rate, and want that it does not vary too far up or down!

[nextgencoin]

It's been a big sell order in there with 0.00007950 6.36 BTC!
Right now someone has set a sell order for exactly 0.00008000 BTC 8!

If he wants to sell necessarily, he is 0.00007949, and 0.00008000 not!

The only reason can be the one to push prices down! But why??

You acting like you don't know your elbow from your ass. I'm not convinced.....



People obviously have motivation to both push the price down of up to suit when they are buying or selling. Do you need a picture?

Your comment is total nonsense! Faith the next makers want a stable exchange rate, and want that it does not vary too far up or down!

Who said the buyers and sellers are NXT 'makers'

The NXT 'maker' is probably sat on a beach in Bali sippin a cocktail.

[trunzo]

What I'm saying is that someone has interest in mind to keep the exchange rate stable! Who and why I would like to know