Closed Thread

[Eadeqa]

NxT hasn't it even recovered to the $80-$110 million capitalization it had in early 2014 and you think it will hit $1.  

This was purely due to BTC price that were close to $1,000 back then. There have been a lot of swings. LTC was over 1 billion dollars market cap 6 months ago ($40  per LTC once) . It's down to 200 to 300 million. Peercoin was #3 for a long time (as high as $7 pre PPC), it's slowly on the down trend.  Nxt still has the best chance to make it top -- better than anyone else. Lets see how Node does, but it's no threat to Nxt -- not even close.

[1715168639]

1715168639

[1715168639]

1715168639

[Finley]

i have wonder when we can get an exchange to trade our coin...

[XbladeX]

....
Yes i agree to some level. node is a totally different coin to nxt so the devs say. (we havnt seen any code yet). but nxts distribution was one of the best imo. You cant have fair distro its a myth. and were already seeing downsides of distributing to 1000's of user instead of less than 100.
....

But wait only 25% of whole NXT was distributed in IPO to  72 people...
Who got rest of 75% ? ( i think main devs ) correct me if i am wrong with some links please.


*******************
Best IPO/Minig distribution for me had Bitshares 200 days 5000 for BTC day / 5000 for mining (PTS) .

*******************

I personal like BC and BC Volume is about 50k today while NXT as 60k and market cap 8x higher
PPC with 1/2 NXT market cap have 2x NXT volume 100k...
this is red flag for me and prof of fail distribution.

That is why i wait Node and NEM to compare it - before they are full operational is really hard to compare we just speculate.

Node with Bank + instant transaction is that what i wanted see as coin feature for ages.

[XbladeX]

NxT hasn't it even recovered to the $80-$110 million capitalization it had in early 2014 and you think it will hit $1.  

This was purely due to BTC price that were close to $1,000 back then. There have been a lot of swings. LTC was over 1 billion dollars market cap 6 months ago ($40  per LTC once) . It's down to 200 to 300 million. Peercoin was #3 for a long time (as high as $7 pre PPC), it's slowly on the down trend.  Nxt still has the best chance to make it top -- better than anyone else. Lets see how Node does, but it's no threat to Nxt -- not even close.

LINE. USD PRICE - SO MARKET CAP TOO
June 7  : ) - Pure PnD example of coin.(all crypto are same in that matter )

PS:That is why i wait Node to see if that will change. Price movements won't probably but in volume is more interesting factor.

[TaunSew]

NxT hasn't it even recovered to the $80-$110 million capitalization it had in early 2014 and you think it will hit $1.  

This was purely due to BTC price that were close to $1,000 back then. There have been a lot of swings. LTC was over 1 billion dollars market cap 6 months ago ($40  per LTC once) . It's down to 200 to 300 million. Peercoin was #3 for a long time (as high as $7 pre PPC), it's slowly on the down trend.  Nxt still has the best chance to make it top -- better than anyone else. Lets see how Node does, but it's no threat to Nxt -- not even close.

It wasn't $1200 or $1000.  By February, before NxT dropped, BTC was around $750 to $850 range.   This number nitpicking is besides the point as the real point (abstract) is that NxT hasn't maintained parity with BTC or better yet grown (NxT's capitalization has stagnated and lost real value).


By the way I was using NxT in 2013 (and early 2014) and NxT functionality / build back then was worse than NODE's current version.

[reverse02]

just want to say that i don't have an NODE on my account yet

there should be already, right?

[wizzardTim]

NODE is a very promising project. Glad to be here from the start.

[GreenDude]

Node has been distributed to less than 1000 persons.. That is something i really like. Puppets been removed. That means no xtreme dumping rush.. There will be people willing to cash out because they need inmediately money but there will be people taking advantage of those.. There will be a good stable price really fast. I've seen and many stakeholders are veterans and those are not weak hands. 

Maybe NEM is more known atm but it has too many more stakeholders. I think node price will be really good and stable. Also because the features is promising are really good.

[mellorbo]

Node has been distributed to less than 1000 persons.. That is something i really like. Puppets been removed. That means no xtreme dumping rush.. There will be people willing to cash out because they need inmediately money but there will be people taking advantage of those.. There will be a good stable price really fast. I've seen and many stakeholders are veterans and those are not weak hands. 

Maybe NEM is more known atm but it has too many more stakeholders. I think node price will be really good and stable. Also because the features is promising are really good.

i agree with what you say but imo it all depends on if this secure wallet comes out. it should have been one of the first things done before the coins were distributed.

[Simakki]

Node has been distributed to less than 1000 persons.. That is something i really like. Puppets been removed. That means no xtreme dumping rush.. There will be people willing to cash out because they need inmediately money but there will be people taking advantage of those.. There will be a good stable price really fast. I've seen and many stakeholders are veterans and those are not weak hands. 

Maybe NEM is more known atm but it has too many more stakeholders. I think node price will be really good and stable. Also because the features is promising are really good.

i agree with what you say but imo it all depends on if this secure wallet comes out. it should have been one of the first things done before the coins were distributed.

If they dont deliver the Windows client soon as possible, price will be not more than 0.1BTC.

[mladen00]

Devs, maybe you can open NODE NXT asset on NXT network.

[Istanbul34]

They should launched a NODE Asset first on the NXT client;

Then finish the client.

And then distribute the coins.

This is what NEM is doing and they are doing it right.

What if NODE confronts a showstopping bug and they have to reset the blockchain?
They will have to distribute the coins AGAIN. The NODE team have a big responsibility now. The reputation of the coins are in their hands.

I hope everything goes as planned.

[mellorbo]

Node has been distributed to less than 1000 persons.. That is something i really like. Puppets been removed. That means no xtreme dumping rush.. There will be people willing to cash out because they need inmediately money but there will be people taking advantage of those.. There will be a good stable price really fast. I've seen and many stakeholders are veterans and those are not weak hands. 

Maybe NEM is more known atm but it has too many more stakeholders. I think node price will be really good and stable. Also because the features is promising are really good.

i agree with what you say but imo it all depends on if this secure wallet comes out. it should have been one of the first things done before the coins were distributed.

If they dont deliver the Windows client soon as possible, price will be not more than 0.1BTC.

Exactly, people will not adopt a coin where there is no security of funds.

this quote made me laugh from koop4u :

Like every decent crypto software we are going trough the same 3 stages:

1) Implementation
2) Testing
3) Release!

We are still swinging between the first two!


how can you be in the first 2 stages when you have released the coins?
if you are still testing why did you release the coins with no secure wallet to keep them in?

the way i see things atm is without a secure wallet peoples stakes will be stolen before long and adoption will never happen and node will fail.

please can we have an update on the wallet!

[dzarmush]

this quote made me laugh from koop4u :

Like every decent crypto software we are going trough the same 3 stages:
1) Implementation
2) Testing
3) Release!
We are still swinging between the first two!


how can you be in the first 2 stages when you have released the coins?
if you are still testing why did you release the coins with no secure wallet to keep them in?

the way i see things atm is without a secure wallet peoples stakes will be stolen before long and adoption will never happen and node will fail.

please can we have an update on the wallet!

I agree, it's kinda weird. How could it be tested after distribution. They also said that they'll publish the client after distribution. Ok, it's over, but there's no news about the client.

[timmyd]

....
Yes i agree to some level. node is a totally different coin to nxt so the devs say. (we havnt seen any code yet). but nxts distribution was one of the best imo. You cant have fair distro its a myth. and were already seeing downsides of distributing to 1000's of user instead of less than 100.
....

But wait only 25% of whole NXT was distributed in IPO to  72 people...
Who got rest of 75% ? ( i think main devs ) correct me if i am wrong with some links please.


*******************
Best IPO/Minig distribution for me had Bitshares 200 days 5000 for BTC day / 5000 for mining (PTS) .

*******************

I personal like BC and BC Volume is about 50k today while NXT as 60k and market cap 8x higher
PPC with 1/2 NXT market cap have 2x NXT volume 100k...
this is red flag for me and prof of fail distribution.

That is why i wait Node and NEM to compare it - before they are full operational is really hard to compare we just speculate.

Node with Bank + instant transaction is that what i wanted see as coin feature for ages.

Sorry have to correct you,  100% of nxt was distributed to 73 ppl who had massive balls. Even bcnxt had to buy his own stake.

[patmast3r]

....
Yes i agree to some level. node is a totally different coin to nxt so the devs say. (we havnt seen any code yet). but nxts distribution was one of the best imo. You cant have fair distro its a myth. and were already seeing downsides of distributing to 1000's of user instead of less than 100.
....

But wait only 25% of whole NXT was distributed in IPO to  72 people...
Who got rest of 75% ? ( i think main devs ) correct me if i am wrong with some links please.


*******************
Best IPO/Minig distribution for me had Bitshares 200 days 5000 for BTC day / 5000 for mining (PTS) .

*******************

I personal like BC and BC Volume is about 50k today while NXT as 60k and market cap 8x higher
PPC with 1/2 NXT market cap have 2x NXT volume 100k...
this is red flag for me and prof of fail distribution.

That is why i wait Node and NEM to compare it - before they are full operational is really hard to compare we just speculate.

Node with Bank + instant transaction is that what i wanted see as coin feature for ages.

Sorry have to correct you,  100% of nxt was distributed to 73 ppl who had massive balls. Even bcnxt had to buy his own stake.

100% of NXT were distributed to 73 BTT accounts. Could have been 3 people. No hate - just saying 

[timmyd]

could have been yes lol but im 1 and i know of many others

[Eadeqa]

But wait only 25% of whole NXT was distributed in IPO to  72 people...
Who got rest of 75% ? ( i think main devs ) correct me if i am wrong with some links please.

There were no developers stakes. There were some unclaimed coins that went to  various community funded groups , but the rest were distributed to people who put BTC, The entire history of IPO  is here

https://bitcointalk.org/index.php?topic=303898.0

note the IPO  was open for 2 whole months. Of course no one was interested back then as the whole experiment was  new. Now those who missed it (or didn't even care)  whine about it, but it was totally open process.

 

[lukey25]

Let's calm down and let the devs make their job

I'm pretty sure they prepare anything right now to get this coin to the moon  

[timmyd]

Yes please do give us a wallet and some code. anytime soon would be brilliant