NAS :: Descendant of NXT 100% PoS|More Exchanges|WinNAS is ready!

[timmyd]

Also want to buy 50m Nas for 0.50btc pm me i like a gamble on a weekend 

[1715441381]

1715441381

[1715441381]

1715441381

[1715441381]

1715441381

[TwinWinNerD]

So you guys are telling me, that you want to buy at 1 satoshi while it is traded at ~ 15?

[notsoshifty]

So you guys are telling me, that you want to buy at 1 satoshi while it is traded at ~ 15?

Well, there's no trading at 15. But somebody really wants out at 11:



Actually, that sell wall gets put up and taken down frequently, basically it changes every time I refresh. What does that mean?

The answer to your question: yes

[TwinWinNerD]

So you guys are telling me, that you want to buy at 1 satoshi while it is traded at ~ 15?

Well, there's no trading at 15. But somebody really wants out at 11:



Actually, that sell wall gets put up and taken down frequently, basically it changes every time I refresh. What does that mean?

The answer to your question: yes

thats a buy level...

[notsoshifty]

thats a buy level...

Oops. Doh, you're right, sorry

[Coinraptor]

what gives this coin value?
Not trying to be troll, but seriously, what advantage it has to any other coin?
Knowing there are few similar coins with some bonus features and bigger comunities coming,
I dont see why should anyone see this coin as attractive.

[TwinWinNerD]

what gives this coin value?
Not trying to be troll, but seriously, what advantage it has to any other coin?
Knowing there are few similar coins with some bonus features and bigger comunities coming,
I dont see why should anyone see this coin as attractive.

Lets wait and see how our dev implements old and new features and then judge!

This coin is basically the first working clone, that will always be relevant. I think this coin will be established soon

[notsoshifty]

thats a buy level...

Oops. Doh, you're right, sorry

But now I don't understand why somebody was repeatedly putting up and taking down a buy order at 11 satoshi for 1 billion NAS (110 BTC worth)? They want those coins or they don't? Doesn't appear in trade history so I guess he backed out.

And why has somebody put up dozens of tiny bids at 10sat?

[cryptohunter]

someone got 20% of the entire minting or is this incorrect?

[TwinWinNerD]

But now I don't understand why somebody was repeatedly putting up and taking down a buy order at 11 satoshi for 1 billion NAS (110 BTC worth)? They want those coins or they don't? Doesn't appear in trade history so I guess he backed out.

And why has somebody put up dozens of tiny bids at 10sat?

It's called Market Manipulation...  someone was trying to get buyers to Bid higher...  probably using depositors' BTC too...   

rofl. YADA YADA spreading fud all day...

[TwinWinNerD]

rofl. YADA YADA spreading fud all day...

ROFLMAO!   

...some of you folks will be keeping Emule company very very soon on my Ignore List...

Dude, you were just accusing Graviton of cheating his customers. You should be on the ignore list...

[TwinWinNerD]

Dude, you were just accusing Graviton of cheating his customers. You should be on the ignore list...

Whatya waiting for?    

All I did today was place a Bid for 50M NAS for 0.50 BTC...  I must have struck some type of nerve I guess...    

Let me tell you...  BCNext has left many folks with some serious PTSD!!!    

No, you said that the bid order was placed with customer funds. That would be cheating and graviton would never do that.

I thought you were a reasonable guy from the NXT thread, but looks like you are just a little kiddy.

[cryptohunter]

Is it true that the top 3 IPO investors received 37% of all coins, and the top 11 IPO investors received 71% of all coins?

Ranking	Account Number	NAS received	% of total 10bn NAS
1	16545239077924294773	1993005000	19.93%
2	1017925928554332177	997500000	9.98%
3	12962305291451856272	733761000	7.34%
4	10154666925216279036	527478000	5.27%
5	9437257435252063080	470820000	4.71%
6	17852752570692853871	439698000	4.4%
7	9431573599992481224	399000000	3.99%
8	3946695318601168288	399000000	3.99%
9	9073375756757743601	399000000	3.99%
10	9936206869497287267	399000000	3.99%
11	7827670721723948264	398800500	3.99%

So NAS is a clone of Nxt, with the only innovation being that it takes Nxt's worst feature (bad initial distribution) and makes it even worse. It will be severely dumped by those top 10-15 investors; how is anybody in their right mind paying 20 satoshi for this?!?

how many btc did that person pay for 20% of the entire minting?

[jubalix]

i wonder if op is the same as BCnext or whatever the dev that started NXT and disappeared....

I also missed this one agiannnn even though I was looking out for it.....

damn.

[notsoshifty]

how many btc did that person pay for 20% of the entire minting?

Full list is at: http://nascoin.org/list.txt

It shows that the 20% IPO investment cost 0.4995 BTC, i.e. 0.025 satoshi per NAS. I don't think that has much relevance for the current value of the coin or his holdings, though. My beef is purely about the market control that will take place for a very long time when the distribution is like this. Like Nxt, but times ten.

[cryptohunter]

how many btc did that person pay for 20% of the entire minting?

Well...  based on p=~39,900,000 from the IPO...  it would be 0.4995 BTC for 1993005000 NAS.

Thus my healthy Bid...  [WTB] 50M NAS for 0.50 BTC    

Yes in that case that seems more than fair. He paid 40x less so seems a fair profit.

If that person every wants to make real bank he will be selling 50% + of that for reasonable money right now.




I mean if you were to replicate nxt the first thing you would do is make sure the number 1 criticism aimed at nxt was fixed..... not make it worse?

seems stupid giving the IPO holders so much of it.

[Coinraptor]

how many btc did that person pay for 20% of the entire minting?

Full list is at: http://nascoin.org/list.txt

It shows that the 20% IPO investment cost 0.4995 BTC, i.e. 0.025 satoshi per NAS. I don't think that has much relevance for the current value of the coin or his holdings, though. My beef is purely about the market control that will take place for a very long time when the distribution is like this. Like Nxt, but times ten.

So what is the actual distribution, and what was the original distribution model by OP?

[GCInc.]

Says who?    

Your badass daddy says, or was it Simon

This mofo smaragda has been on my tail since day one in NXT yelling poo for my business, thought he would have dropped the senseless crap already but no shit here we go again on a new venue, hold onto your hats

So just that you here at NAS also realize that apparently a reasonable person can be utterly confused in the inside. It's called a personality disorder. Their symptoms alleviate when you ignore them.

[notsoshifty]

Full list is at: http://nascoin.org/list.txt

It shows that the 20% IPO investment cost 0.4995 BTC, i.e. 0.025 satoshi per NAS. I don't think that has much relevance for the current value of the coin or his holdings, though. My beef is purely about the market control that will take place for a very long time when the distribution is like this. Like Nxt, but times ten.

So what is the actual distribution, and what was the original distribution model by OP?

Full original distribution, as well as I could determine:

Account	NXT paid	BTC paid	BTC equiv paid	NAS recv	%age NAS recv
11840861149211111342			Giveaways	50000000	0.50%
12006148579748690769			Promotions	700000000	7.00%
1086840670151491145			Bounties	260051500	2.60%
16545239077924294773		0.4995	0.4995	1993005000	19.93%
1017925928554332177		0.2500	0.2500	997500000	9.98%
12962305291451856272		0.1839	0.1839	733761000	7.34%
10154666925216279036		0.1322	0.1322	527478000	5.27%
9437257435252063080		0.1180	0.1180	470820000	4.71%
17852752570692853871		0.1102	0.1102	439698000	4.40%
9431573599992481224		0.1000	0.1000	399000000	3.99%
3946695318601168288		0.1000	0.1000	399000000	3.99%
9073375756757743601		0.1000	0.1000	399000000	3.99%
7827670721723948264	1999		0.1000	398800500	3.99%
9936206869497287267	2000		0.1000	390900000	3.91%
6757106139750505660		0.0500	0.0500	199500000	2.00%
9807652294200941599		0.0500	0.0500	199500000	2.00%
1628053033712482431		0.0400	0.0400	159600000	1.60%
10411181763421717624	600		0.0300	119700000	1.20%
13340441765685234177		0.0295	0.0295	117705000	1.18%
2665424699584187240		0.0286	0.0286	114114000	1.14%
8765228304511562346		0.0275	0.0275	109725000	1.10%
2289894675599110278	400		0.0200	79800000	0.80%
13113454963859208480		0.0200	0.0200	79800000	0.80%
6316362893724795120		0.0194	0.0194	77406000	0.77%
16993083641290301581	328		0.0164	65436000	0.65%
14475745119171788011	325		0.0163	64837500	0.65%
8308729330645503538	300		0.0150	59850000	0.60%
14373335525897642883		0.0144	0.0144	57456000	0.57%
16367797960824126756		0.0126	0.0126	50274000	0.50%
9485030354462066429	227		0.0114	45286500	0.45%
3313847451723581783		0.0104	0.0104	41496000	0.41%
9482541464674828568		0.01	0.0100	39900000	0.40%
7068347713368721772		0.01	0.0100	39900000	0.40%
6263250438026737536		0.0100	0.0100	39900000	0.40%
3566529006070904939		0.0100	0.0100	39900000	0.40%
14938913679117208750		0.0100	0.0100	39900000	0.40%
TOTAL	6179NXT	1.946207BTC	2.255157BTC	10000000000	100%

Note that the first entry "Giveaways" was distributed amongst 500 people (100000 each, or 0.001% of total NAS each); these are not individually listed here.

So:
 - 90% distributed pro-rata to investors with an assumed NXT/BTC rate of 5000 satoshi. Total BTC equivalent invested: 2.255157 BTC.
 - The other 10% giveaways, bounties, promotions

If by 'actual distribution' you mean how it currently is: there's no real way to determine whether funds transferred from one account to another have been sold/given to another person, or are still controlled by the original person. It's common for people to distribute their funds (eggs & baskets etc). Those on dgex are probably all in one or two accounts (that is how it was done for Nxt). This coin is only a few days old so it's unlikely to have been distributed much yet.

[notsoshifty]

But now I don't understand why somebody was repeatedly putting up and taking down a buy order at 11 satoshi for 1 billion NAS (110 BTC worth)? They want those coins or they don't? Doesn't appear in trade history so I guess he backed out.

And why has somebody put up dozens of tiny bids at 10sat?

It's called Market Manipulation...  someone was trying to get buyers to Bid higher...  probably using depositors' BTC too...   

Either somebody's doing fake trades to/from himself and/or his chums, or there's some very stupid people making purchases, or NAS has a market cap of 36 billion dollars:

Time	Units	Price	Vol
15:49:57	100	0.009	0.9
15:49:42	100	0.009	0.9
15:44:58	750000	0.00000013	0.0975
15:44:05	100	0.009	0.9
15:43:41	100	0.009	0.9
15:43:29	100	0.009	0.9
15:43:25	10000	0.00000013	0.0013
15:43:00	480	0.00000013	0.0000624
15:41:40	100	0.009	0.9
15:41:21	100	0.009	0.9
15:40:47	100	0.009	0.9
15:40:33	100	0.009	0.9
15:36:28	1083000	0.00000014	0.15162
15:35:50	100	0.009	0.9
15:35:37	100	0.009	0.9
15:35:36	390100	0.00000014	0.054614
15:35:24	100	0.009	0.9
15:34:43	48689	0.00000013	0.00632957
15:30:57	300000	0.00000014	0.042
15:30:14	100	0.009	0.9
15:30:00	100	0.009	0.9
15:29:53	1000000	0.00000014	0.14
15:29:09	100	0.009	0.9
15:28:45	100	0.0009	0.09
15:27:56	5000	0.00000001	0.00005
15:26:34	100	0.00009	0.009
15:26:31	655665	0.00000013	0.08523645
15:26:24	246	0.00000013	0.00003198
15:26:11	100	0.000009	0.0009
15:25:47	60	0.00000099	0.0000594
15:24:14	9000	0.000001	0.009
15:23:49	9979	0.00000001	0.00009979
15:23:12	80	0.000001	0.00008
15:22:19	85	0.00000001	0.00000085

Why does Graviton allow this?!?

If whoever is doing this owns up publicly and can provide solid proof to me (means, an email from Graviton), I'll return the 0.9 BTC (minus fees) that I sniped.