Sorry NXT, but is anyone else making a 100% PoS / No-mining altcoin?

[gentlemand]

At what demonstrable level of distribution would people be happier with NXT?

[williamevanl]

At what demonstrable level of distribution would people be happier with NXT?

This is a good question because it won't be long before they get there.

[williamevanl]

Try mining Nxt, I've done it for the last 3 days and have earned 1500Nxt. 

hashrate.org

Wow!, I'm pretty happy for you but it bums me out that I can't do the same.

[HinnomTX]

At what demonstrable level of distribution would people be happier with NXT?

Exactly. I know that's a rhetorical question. Every major coin out there has a small cabal of hoarders. Bitcoin, Peercoin, all the majors have 'unfair distribution'. The rub with NXT distribution comes from people on this forum who procrastinated after the IPO was announced, and were consequently shut out by an early closing of the IPO period. All I can say to that is, you snooze you lose. Harsh words, but IPOs of any kind can easily be oversubscribed, and have no obligation to stay open.  Besides, what pretty much invalidates all the sour grapes on this subject is that there have been several opportunities to buy into NXT since the IPO and be sitting on a tremendous gain.

As an example, I learned about NXT in mid December and started buying in. That was excellent time to buy.

Guess what? NOW is an excellent time to buy. NXT is more than 50% off its highs. Or keep waiting and sulk and look for a NXT clone that wants you to trade in your BTC or NXT for their coin. That should tell you something right there.

[dewdeded]

Fair launch imo is:
1000 initial holders, holding each between 0,05% and 0,15%.

[williamevanl]

At what demonstrable level of distribution would people be happier with NXT?

Guess what? NOW is an excellent time to buy. NXT is more than 50% off its highs.  Or keep waiting and sulk and look for a NXT clone that wants you to trade in your BTC or NXT for their coin . That should tell you something right there.

Good point. "Give us your NXT and we'll give you a shitty clone of it"

[XbladeX]

At what demonstrable level of distribution would people be happier with NXT?

Guess what? NOW is an excellent time to buy. NXT is more than 50% off its highs.   Or keep waiting and sulk and look for a NXT clone that wants you to trade in your BTC or NXT for their coin . That should tell you something right there.

Good point. "Give us your NXT and we'll give you a shitty clone of it"

There is few things that deter me from NXT:
- access to NXT founds just by password lucky brute force attack and you have no coins...
- 1 NXT fee // higher price of next brigs ridiculous fee 1NXT should never cost eg. 100$ who will pay 100$ for transfer
- Distribution
- if i invest in NXT eg. 1000$ like in mining ring to mine in POS i will be fucked up when Devs will lower fee to 0.1 or 0.01 my mining will be 10x/100x lower

in such situation i would go check BC(i am in) or NEM
-"NEM's code bases will be re-written completely from the scratch."
-"A novel method Proof of Importance forging that rewards the nodes that re most important to the network, not the nodes with the biggest number of NEM."
personally i don't like situation when Big are becoming more bigger it don't cause healthy cash flow.
- NEM is was distributed into 3000+ accounts on bittalk in IPO (in reality i think that was about 2000+)
- i like IPO , people are risking few bucks for profit

I like NXT concept but for being deflationary currency it will be just to expensive to use it in long run.
That is why in POS i think small inflation is better and can be solution to avoid such ridiculous fees.
I like POS with BC 1% inflation or (1%-10%) Cash concept with POS without fees.
Generally in that matter crypto is looking for balance we will see how HBN/PPC/BC/Mint/CASH/NXT/NEM will deal with market and problems.