NXT is great concept, but distribution model was flawed too much to ignore...but market seems to be slowly reaching same conclusion
Not as flawed as this appraisal. What a load of nonsense.
NXT were brought for total of 21 btc between ~73 stakeholders
current valuation~ 53,000 BTC (very short time later)
252380% profit for lucky few
http://87.230.14.1/nxt/nxt.cgi?action=34 or that seems an acceptable distribution model for a future currency?
My list of investment. I believe all have long term merit, also invest in some other shit coins, but only in temporary pump so won't include them.
-Counterparty
Revolutionary concept, non inflationary- non minable & limited supply (huge value in protocol as well as underlying xcp token), Dedicated developers Massive upwards potential. The true dark-horse, yet few years ahead of itself.
-Monero
Innovative new protocol. Mining is relatively non-feasible due to difficulty and no implementation. Larger exchanges will not readily add because it's not copy paste plug n play installation process like xxx-qt coins. low liquidity, cumbersome to acquire/trade therefore in a price discovery phase.
-Honeypenny
Roughly Same as above
-Cinnicoin
Nothing too revolutionary, but pure POS, free of any major problems, limited supply comparatively- working multipools. undervalued massively on relative basis
-NXT clones
NXT is great concept, but distribution model was flawed too much to ignore. I don't know how it has and still is lasting so long, but market seems to be slowly reaching same conclusion despite it having the network effect. and now the time is ripe for a NXT clone, assuming community backs and devs are competent these can surpass NXT
let's make progress update of investments. since 24 hours has passed since posting
CounterParty - -2.77 % (in actual fact +12.84% of Bter)
Monero - no exchange info
HoneyPenny - not trading
Cinnicoin - +53.26 %
Nxt clones- not trading
If you hedged 10btc between all tradable alts in my list at time of post, selling 24 hours later (at this post time) you would have ~16.702 BTC