Mintcoin or NXT coin??

[XbladeX]

mining started off and was originally envisioned with people using home computers to support the network, but an arms race ensued and now it takes large investments in computers that are searching semi-pointlessly to solve problems that don't really mean much.  that is a lot of wasted, energy, computer power, and electricity.  mining had a real necessity in the early days but now is a system grown out of control via greed.  coins are meant exactly to combat this kind of thing.  with an IPO or mining a party needs an initial investment to get in, but with an IPO person doesn't need a minimum 10,000 dollars as an initial investment, they can put in 100 or 5 or 5000.  which sounds better to a new person wanting to test the waters? cryptocurrencies only live on right now out of speculation, but at some point for them to live, they will need to live on because they are actually being used by real people daily.  NXT was a far more fair distribution in reality than bitcoin or probably most any other serious coin.  it also has a more environmentally sane way of maintaining the network, which goes back to the original intentions.  

In my opinion Doge,Mintcoin,PPC,BC,HBN,BCX and much more coins was better distributed than NXT OK eg. Mint it has 4,5% effective premine but NXT have 100%...
I don't know how that 100% was exactly distributed but i have rad that few investors took few bilns of NXT for 5 Btc.
Mayby they were even connected to devs, i don't know i never can be sure.
POW mining distribution is more transparent we have multipools, we have big farms they aim is ONLY convert BTC...
those miner are putting cheap coins on market and all can catch them.
Coins are getting hot more people are joying the party press is make even bigger attention look at DOGE all could join
and don't try even compare NXT to Doge distribution Doge is flawless in that matter.

If i compare Mintcoin and NXT in long therm i don't know for fairier distribution my vote goes to Mint.
If NXT main owners can hire 10 fulltime developers they can make unique features for sure but in long
run it looks like paying IT company for printing and maintaining digital money.

I will ask again what about that 1nxt transaction fee this is principal for nxt.
I some poor people want buy bread for 1$ and 1nxt cost 1$ he will pay 2$ in same time while can pay with BTC and it will cost much less 1.0001$
this is most interesting to me. How next will deal with that ? It looks like it can't handle real life currency principals.
No one want give me answer so far about that.

[Isildur23]

Nxt is not a clone




_{and the decentralised asset exchange is about to be launched}

[username here]

check out Blackcoin.(0 premine)
Different approach to mining POS random 1% stakes occurs.

Jesus 1%?  Who would hold this shit?

[rdanneskjoldr]

Software development in NXT is very fast - faster than Bitcoin or any other altcoin out there. That's about the only reason I'm hooked into it.

Fast development sure but they have high intrest rate from 1NXT fees so they can afford to full time development.
Other coin consists mostly form volunteers like BTC so is hard to compare both sides.
But as i said what with that fees 1-nxt per each cut - nxt operating range.
Now 1 nxt price 0,5$ .
Transaction fee 0.5% of value is reasonable that is why Bitcoin is better over paypal,westernunion in sending money or  buying, selling items eg. prepaid cards.
In short for me that mean i need buy goods over 100$ to make it sense, in other cases i would like use some other coin with lower fees.
For companies 1Nxt fee every time is like throwing away money in world where everywhere they cut costs so real companies will avoid it.
The higher price NXT is the more useless that coin start to be in real life when it have 1nxt transaction fee.
Are nxt devs planing lower transaction fees or sth else to deal with that ?

IMO nxt version with stable 1% inflation annual but little fees is much more superior than 1nxt constant fee.
That transacion fee fee is bottle next for it .

In nxt development thread that has been discussed.They are aware the fee is currently super high.They were discussing between reducing it to .1 nxt or .01 nxt.I guess it will soon be reduced to .1,and in the future,when required if it gains value,reduced to .01 and further.

[CryptKeeper]

If you're looking for new coins, don't miss eXocoin and eMunie.

eXocoin had a very successful 1st phase of it's IPO, the 2nd phase will begin in a few days. eMunie will have it's IPO when the open beta 2 closes, maybe in a week.

[coradan]

NXT is the future!

[XbladeX]

check out Blackcoin.(0 premine)
Different approach to mining POS random 1% stakes occurs.

Jesus 1%?  Who would hold this shit?

Hmm I am holding and i will.I have considered risk connected with it.
1% this low inflation rate most money you will earn form fees in POS mining.
What is point with 10-20% inflation when your coin is use to speculative purposes and lose value 1%-30% daily/weekly.
In reality 1% or 10% inflation is worth shit here on floating markets it is only good for marketing but in reality this is bullshit and only brings your attention.
But coin with POS system 1% inflation is aimed in long BC have inflation rate like BTC in 20 years.
In wealth counties interest in bank is almost about 1%-2%annulal there is reason to use money and to keep them using around.
Best income from BC is mining are fees eg. i have 40k coins my annual income is 400 but yesterday i mined from fees 200...
Do you see difference in this model ?
With higher inflation rate you will mostly deal with kids who are for quick bucks they will dump coin fast as possible 1% is good it to attract only patient people.
I won't sell my fresh earned 200 coins i will rather donate some projects around coin, and backup Developer.
I will buy those cheap coins currently they are at mining price 1000sat but mining phase is over now smart stake holders will accumulate coins make it gain higher to higher prices. With inflation 20% is much more difficult to control price of coin, many quick bucks guys around and weak hands investors.
1% annual income for me is ok but i think that coin can be 5x or even more expensive in some time. Vertcoin or Darkcoin(similiar amout of coins) can cost 0,03;0,001 btc so we are currently in price range 0,00001 we have 3000x;100x rise potential i see that potential if you are not this is not my problem.

Lowering NXT fees is good choose but it will make it less valuable for POS miners in other hand.
You will need to make it more popular to be sure that amount of transactions is 0.1NTX then you need 10x more transaction to keep same lvl of minig.
But this is possible. Most goods is in range 1$-50$  so you need adjust price to 0.1% of transaction to make it sense in long run it should be adjusted automatically with NXT price on market.

[Tercel]

Seems you guys don't understand NXT very well.
100% Premine cuz it is PoS and thats not called premine.

Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future.

NEM seems to be very fair right? Exactly not! I am in a China altcoin discussion group and I know that 550+ share spots are claimed by them. So? Worse than Nxt I think. But many people LOVEs Nem. Btw, nem still need Nxt's code, so trace to root, NXT is still a unbreakable base of 2nd generation coin.

Choose Nxt and hold for a long time.

[nzminer]

 With NXT its essentially the same thing as a 100% premine, even if its not that, being POS.
I still dont get the 1 NXT transaction fee, what if the value of these goes up to $25 per next coin?
I still think its not silly to invest in them, but there are that many darn coins out there, i dont know what ones will survive, i have more faith in dogecoin at the moment, i dont even see litecoin lasting long TBH.

[XbladeX]

Seems you guys don't understand NXT very well.
100% Premine cuz it is PoS and thats not called premine.

Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future.

NEM seems to be very fair right? Exactly not! I am in a China altcoin discussion group and I know that 550+ share spots are claimed by them. So? Worse than Nxt I think. But many people LOVEs Nem. Btw, nem still need Nxt's code, so trace to root, NXT is still a unbreakable base of 2nd generation coin.

Choose Nxt and hold for a long time.

"Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future."

I gues you hold a lot of NXT, how you feel with that few initial owners of NXT decide of it if they sell all in panic you will get 0.
In long therm premine coins are more dangerous that usual coins look what was happened with PANDA...
You are giving absolute power of that coin to few people.
One big dump form them will almost kill your coin.
One exploit or bug in NXT code can kill it too look what is going on with BTC it also had some exploits how it hit market all we see now.


About fair start look at that how it looks should equal shares for all devs, IPO investors for all...
https://bitcointalk.org/index.php?topic=485425.msg5463044#msg5463044
I don't say it is perfect but far a way better than that what NXT did...and NEM distribution is much better too.
One mistake which was made by NXT was distribution for me.
Why i should trust few people holding most of next coin...

BTC and clones they are working on same code once one of them invent some crucial all can adopt it after some time.
IN long run BTC and their alts will best strong too on their side are thousands c++ programers who read code and updating it all time
their are looking for bugs,and exploits too it is hard to compare it to NXT.

[wakasaki808]

With NXT its essentially the same thing as a 100% premine, even if its not that, being POS.
I still dont get the 1 NXT transaction fee, what if the value of these goes up to $25 per next coin?
I still think its not silly to invest in them, but there are that many darn coins out there, i dont know what ones will survive, i have more faith in dogecoin at the moment, i dont even see litecoin lasting long TBH.

The 1 NXT transaction fee will drop (somewhere between .01 NXT and .1 NXT at the moment) if/when NXT gains value. It's not a permanent thing.

Seems you guys don't understand NXT very well.
100% Premine cuz it is PoS and thats not called premine.

Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future.

NEM seems to be very fair right? Exactly not! I am in a China altcoin discussion group and I know that 550+ share spots are claimed by them. So? Worse than Nxt I think. But many people LOVEs Nem. Btw, nem still need Nxt's code, so trace to root, NXT is still a unbreakable base of 2nd generation coin.

Choose Nxt and hold for a long time.

"Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future."

I gues you hold a lot of NXT, how you feel with that few initial owners of NXT decide of it if they sell all in panic you will get 0.
In long therm premine coins are more dangerous that usual coins look what was happened with PANDA...
You are giving absolute power of that coin to few people.
One big dump form them will almost kill your coin.
One exploit or bug in NXT code can kill it too look what is going on with BTC it also had some exploits how it hit market all we see now.


About fair start look at that how it looks should equal shares for all devs, IPO investors for all...
https://bitcointalk.org/index.php?topic=485425.msg5463044#msg5463044
I don't say it is perfect but far a way better than that what NXT did...and NEM distribution is much better too.
One mistake which was made by NXT was distribution for me.
Why i should trust few people holding most of next coin...

BTC and clones they are working on same code once one of them invent some crucial all can adopt it after some time.
IN long run BTC and their alts will best strong too on their side are thousands c++ programers who read code and updating it all time
their are looking for bugs,and exploits too it is hard to compare it to NXT.

If the people with a lot of NXT wanted to dump, don't you think they would have done so already? NXT has been steady around 8000-10k satoshi for the last month or so. If the only 2 remaining accounts with 50+M NXT wanted to dump and gain a few million $ they could do so. There are only a few accounts with over 10+M NXT and the rest of it is spread between the exchange accounts and the regular people, much different compared to when NXT was just released. When you have multiple dev's developing for NXT and creating websites, videos, articles, applications, alternative NXT clients, forums, a decentralized exchange, improving the NXT code, etc. in support of NXT I don't think it will go away any time soon.

[XbladeX]

With NXT its essentially the same thing as a 100% premine, even if its not that, being POS.
I still dont get the 1 NXT transaction fee, what if the value of these goes up to $25 per next coin?
I still think its not silly to invest in them, but there are that many darn coins out there, i dont know what ones will survive, i have more faith in dogecoin at the moment, i dont even see litecoin lasting long TBH.

The 1 NXT transaction fee will drop if/when NXT gains value. It's not a permanent thing.

Seems you guys don't understand NXT very well.
100% Premine cuz it is PoS and thats not called premine.

Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future.

NEM seems to be very fair right? Exactly not! I am in a China altcoin discussion group and I know that 550+ share spots are claimed by them. So? Worse than Nxt I think. But many people LOVEs Nem. Btw, nem still need Nxt's code, so trace to root, NXT is still a unbreakable base of 2nd generation coin.

Choose Nxt and hold for a long time.

"Only a few people hold the coins thats right. But look deep into there idea, this coin is THE ONLY coin which can survive in the future."

I gues you hold a lot of NXT, how you feel with that few initial owners of NXT decide of it if they sell all in panic you will get 0.
In long therm premine coins are more dangerous that usual coins look what was happened with PANDA...
You are giving absolute power of that coin to few people.
One big dump form them will almost kill your coin.
One exploit or bug in NXT code can kill it too look what is going on with BTC it also had some exploits how it hit market all we see now.


About fair start look at that how it looks should equal shares for all devs, IPO investors for all...
https://bitcointalk.org/index.php?topic=485425.msg5463044#msg5463044
I don't say it is perfect but far a way better than that what NXT did...and NEM distribution is much better too.
One mistake which was made by NXT was distribution for me.
Why i should trust few people holding most of next coin...

BTC and clones they are working on same code once one of them invent some crucial all can adopt it after some time.
IN long run BTC and their alts will best strong too on their side are thousands c++ programers who read code and updating it all time
their are looking for bugs,and exploits too it is hard to compare it to NXT.

If the people with a lot of NXT wanted to dump, don't you think they would have done so already? NXT has been steady around 8000-10k satoshi for the last month or so. When you have multiple people developing for NXT and creating websites, articles, alternative NXT clients, forums, decentralized exchange, etc. in support of NXT I don't think it will go away any time soon.

All depends on situation.
Sometimes not only "investor can dump" some hackers can get rich account and then dump...
For fun, for money why not.In times when gox,btce were hacked i don't believe in security so much.
Some investors can argue each-other and then dump. With hard premine coin you are living on bomb and waiting what
or when will trier explosion. POS systems are defended by decentralization of stakeholders the more of them the better is for coin.
that is why i gave try BC,Mint probably in future NXT clones with fair start.
I wish best best NXT but for me is bit dangerous.

[Duomo]

Well I own both so not to be biased, I have a decent amount of nxt coins and but I have more mint coins. Since nxt coin was initially distributed to the those contributed the twenty-one bitcoins, i understand why people are apprehensive about it. Since mint coin is fairly new, I think this will allow people to acquire more through its combined pow/pos. I think mintcoin will become more dominant in the future and right now I prefer mint-coin. Nxt coin is still is good investment and I'm sure the price will increase in future.

[omahapoker]

I got into mint at 0.00000008


how high will MINT go up to in next 3 months?

[ihaveaducky]

nxt all the way.

[221b]

Here's my analysis on MINT, doesn't look too good for me https://bitcointalk.org/index.php?topic=497029.0

[CoinTropolis_JustaBitTime]

Comparing another alt with the ecosystem of Nxt? Seems legit.

[coradan]

MINT and NXT are different things.  MINTCOIN like ZEITCOIN is an useful coin to value deposit with PoS yearly rentability.  Here some calculus for ZEITCOIN, they simulate that you buy 2BTCs now and the rentability in the future with two situation:

Case 1: Price does not change (Theoretical rentability)
Case 2: Price x10 (first year), x5 (second year) and x2 (third year)



The calculus are for ZEIT, but for MINT are very similar, the only difference is PoS percentages for MINT are 20% first year, 15% second year and 10% third year instead of 25%, 20% and 15%.

MINTCOIN and ZEITCOIN are long-term financial products, and NXT is a coin for daily use...

I wrote and article about this on my blog. It is in spanish, but you can see the numbers:

http://www.ejemplosbitcoin.com/nuevas-monedas-pos-como-deposito-de-valor/

[leo66]

What I think is nxt coin or nem will be the next coin

[coradan]

I think the same, NXT or NEM will be the daily cryptocoins, but MINT and ZEIT are interesting like value deposit products to long-term investment...