Investigation Complete of Instamines and Fastmines for almost every top alt coin

[salsacz]

http://nxtcoin.blogspot.cz/2014/04/what-can-you-buy-with-nxt.html

http://www.singularityweblog.com/androklis-polymenis-donates-1-million-to-brain-preservation-foundation/

http://youtu.be/ehrIvLJXcsE?t=10s

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[salsacz]

What was the risk from the November IPO investment to the December sales in excess of 230x the investment price?

It was more like they got it for free. BCNext just had to solve the problem with sockpuppet-multiaccounts somehow. Bitcoin, the max. bid for IPO, cost about 100 USD, when the rules of IPO were set in September. So there were no risks, IPO was 2 months long, anyone could invest in September-November

[Whoisthelorax]

Added a few more...


Clean Water Coin
USDe
Ixcoin
Mooncoin
Karma
Bitcoin Plus
Zimstake
NXT
hobonickels

[Whoisthelorax]

ohhhhh man. Just solved the Clean Water Coin dilemma.


After this post...they are sunk.

The Noblecoin founder Jason Curby was SO RIGHT about the likelihood of "charitable" and "good" coins coming around to supposedly counter the scam coins...when in fact it would just be a veneer to provide another scam.

[Daedelus]

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

[Whoisthelorax]

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins&#clear_water_coin

Clear water coin...call it an IPO, call it development, call it for the good of the currency...

We don't believe you.

[Whoisthelorax]

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

i imagine they don't want to sell 1/10 of their stake and have the value crash the other 9/10th of their NXT wealth. THey are selling slowly, as judging by their smallish volume numbers.

[Daedelus]

And what effect does the selling slowly have to the distribution and price?

[CurbsideProphet]

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

Because it is a highly illiquid market.  You won't find enough buyers at that price to "dump" the coins on.  These initial 70 are sitting on a mountain of coins that on paper, are worth a tremendous amount, but it's only on paper.  Try to flood the market with all those coins and lets see what price they actually get.

[salsacz]

people should forbid him to check CommunityCoin, ShareCoin or Information or he would get heart-attack, just LOOK at those numbers:

I invested 0 Btc and I got:
more than
1.000.000.000 x investment in Communitycoin

more than
1.000.000.000.000.000 x investment in ShareCoin

more than
1.000.000.000.000.000.000.000.000.000.000.000.000.000 x investment in InformationCoin


Just do the math:

0x1.000.000.000 BTC < 1 mil COMM

0x1.000.000.000.000.000 BTC < 65k SHARE

0x1.000.000.000.000.000.000.000.000.000.000.000.000.000 BTC < 500k INF

And the same numbers apply in Nxt calculations. Nxt IPO was not investment, you cannot make any ROI calculations based on PoS. Devs just want to distribute the coins, fairly.

[Daedelus]

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

Because it is a highly illiquid market.  You won't find enough buyers at that price to "dump" the coins on.  These initial 70 are sitting on a mountain of coins that on paper, are worth a tremendous amount, but it's only on paper.  Try to flood the market with all those coins and lets see what price they actually get.

True. Large trades are done on trading threads with no effect on the price. Lophie moved most of his in this way over the past few months.

[Whoisthelorax]

people should forbid him to check CommunityCoin, ShareCoin or Information or he would get heart-attack, just LOOK at those numbers:

I invested 0 Btc and I got:
more than
1.000.000.000 x investment in Communitycoin

more than
1.000.000.000.000.000 x investment in ShareCoin

more than
1.000.000.000.000.000.000.000.000.000.000.000.000.000 x investment in InformationCoin


Just do the math:

0x1.000.000.000 BTC < 1 mil COMM

0x1.000.000.000.000.000 BTC < 65k SHARE

0x1.000.000.000.000.000.000.000.000.000.000.000.000.000 BTC < 500k INF

And the same numbers apply in Nxt calculations. Nxt IPO was not investment, you cannot make any ROI calculations based on PoS. Devs just want to distribute the coins, fairly.

Wow. did you really just try and say you invested nothing, multiply nothing by a bagillion numbers, and use that as your argument?

 

[salsacz]

it's the same as Nxt. People just invested almost nothing. Btc cost 100 USD, so just a little proof of "I am not a socketpuppet"

[Daedelus]

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

I don't think you answered these.

[Whoisthelorax]

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

I don't think you answered these.

you ask why the price rose so much. It didn't. It started out obscenely high.

See here...post 568

Quote from: bitdraw on November 20, 2013, 05:41:27 PM
can you still transfer btc to nxt or is this already over?

Over. But u can buy NXT for BTC from one of us, who already got the stake.

Edit: I can sell 1 mil from my own stake for 1 BTC. I'll send them to ur account right after the launch.

as you can see in a post a little bit above that one...

https://bitcointalk.org/index.php?topic=303898.msg3653432#msg3653432

here is one investor who sent .01 BTC and received half a million NXT...
19xu8F5tqTwBFGC9SvdRcKmWvUXCxhtnK8; 66be9c7ceccd2d3508fddbb141b45a30a10a561b8e891b9c653ceebd38d087a9; 0,01; 300; 3; 498758

here is another one, sent .01 btc and got 480,000 NXT...

924ayrHexjvoFAtCXDQjHcrf5B3YDqYyM; ceac3ebd0c237349b7dabfa00eb8f2e9a1dcddb44acaef90a79321d92e44efe6; 0,01; 290,467937608319; 2,90467937608319; 482910

and another...

1C9p5AymSToqgTUTJ2vvpRumL3xEg78Kyg; e4b859a276a8f64b95c7df7e5967af4ef75f17375601856655489f5542d3b491; 0,0101; 300; 3,03; 503745

So i want you to think about that. When was the price really low?

They buy 500,000 NXT for around .01 BTC as an investment IPO. Then they want to sell 1,000,000 NXT for 1 BTC.

If the market wanted to give the coin full credit for what the investor's paid, 1,000,000 NXT would be .02 BTC. This seller in the thread...before NXT even launched...wanted to sell his NXT at fifty times the price he bought it!

[Whoisthelorax]

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

I don't think you answered these.

I answered the dump question, as did someone else.


In regards to 100% PoS coins, that is the ultimate dilemma; how to do dispense your coins fairly if there is no slow mining of them? No one has solved that dilemma yet and NXT is a great example of what not to do. If a 100% from-the-beginning PoS coin comes along and does it right, they will get a much better rating in this wiki.


I am particularly harsh of PoW/PoS coins that rush to get out of PoW. So many of them flash mine 15,20,30,50% of the total coins.

[Rofo]

May I ask you to do one for NobleCoin, and be as critical as you like of the 2% premine. I'm liking the info, but wouldn't want your page to seem too biased.

[r0ach]

How do you judge value? Why would Nxt price increase so much and why hasn't the debilitating dump occured after such a large percentage increase?

All POS are created at the beginning, how could it be any other way? And how is this reflected in your article? So you are to conclude that all POS are poor investments for all time and not to consider how they are distributed over time?

i imagine they don't want to sell 1/10 of their stake and have the value crash the other 9/10th of their NXT wealth. THey are selling slowly, as judging by their smallish volume numbers.

The word for that is called "price fixing" lol.

[Whoisthelorax]

May I ask you to do one for NobleCoin, and be as critical as you like of the 2% premine. I'm liking the info, but wouldn't want your page to seem too biased.

eeeew...just saw their blockchain...300 mill premine! pretty much guaranteed in the extreme caution section. Looking into it now.

[MicroGuy]

This "information" reads more like the retarded edition of a random Columbo investigation.

https://www.youtube.com/watch?v=XNGsTdX3aFU