CoinKombinat
Member
 Offline
Activity: 70
Merit: 10
|
 |
July 15, 2014, 10:26:10 PM |
|
So after some other IPO scams, he could be a new one. This person looks for many people, like the same from Icebergcoin. Not really a scam but he get the IPO of a nice amount of BTC anf give the users there coins, thats all btw  https://bitcointalk.org/index.php?topic=695857.0quoted from the "architect thread" XBC ... first dev ran off with funds. Second lead dev ran away, as well.
DCM ... complete disaster, entire team ran away with funds. Lead dev of XBC included here.
LCL, Mil, etc -- disasters for investors.
XLC ... same dev as XBC originally, did nothing for the coin with ipo funds. Coin completely tanked.
So, why dont give ure full trust to ure NFD and work with the community on a perfect coin, which it could be with ure help  ? |
|
|
|
|
|
|
|
Whoever mines the block which ends up containing your transaction will get its fee.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
|
|
|
MaWo (OP)
|
|
July 16, 2014, 02:01:07 AM |
|
Testnet client with partial German translations (30% done): https://woll-e.net:9876/You have to configure your preferred language in your browser and set it to German to see something. |
|
|
|
|
jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
|
|
July 16, 2014, 06:08:41 AM |
|
It's fairly obvious what is happening with trading of this coin. There isn't any dumping happening.
Due to the volatility in (low) price, it's very feasible to quickly increase your holdings by relatively high percentages. Think of it this way: if you sell at 5 and buy back at 4, you pick up an additional 20% worth of coin. It's not about making money on trades ATM with this coin, it's about taking advantage of volatility to increase holdings. The lower the value, the higher the return. How else would anyone explain 5+ BTC orders on both sides? It's the reason Mintpal is so popular as an exchange. With high trade volume there is extremely high volatility, and those that pay enough attention can pick up small amounts of money all day long by hedging themselves and staring at the screen for changes.
Trades between 4 and 3 pick up an 33% increase, etc. The value will not increase as it is extremely profitable to trade on these low numbers. We need to do something drastic to pull the coin out of single digits. My recommendation: pull ALL sell orders.
Simply stated: Trading in single satoshis can net upwards of a 10% increase per trade. Trading over 10 sats lowers this quick buy/sell profit potential to under 10%. Break out a calculator and see for yourself. Altcoin markets are popular simply for this reason, and this reason alone. Nobody cares about "features", nobody cares about the dev teams, and nobody cares about a "cause". It's literally all hype and market manipulation. Look at some coins recently that were obviously scams and massive fails like AsiaCoin, yet for some reason those continue on because nobody gives a shit. Shit on Poloniex like "Limecoin Lite" that was sold even before the coin was *invented and released*, which to my knowledge to this day hasn't happened yet but it still trades. They just look at numbers and how to manipulate them.
You guys forget that this is a Chinese exchange and they are AMAZING at this. Chinese absolutely LOVE to gamble, and since they can't here as gambling is illegal in China, cryptos are a way to gamble and not an investment.
I think the only way for this coin to break the cycle is either deeply integrate with NXT as a "silver", and seriously step up our game with utility. By utility, I don't mean buying stuff online (because honestly, even if the website takes BTC I still use my credit card, I did that today with VPN service), but doing things like making a secure online wallet publicly accessible for all and removing the tech barrier that is keeping cryptos stuck in toxic online forums. This "boys club" attitude needs to stop. Bounties are pointless because it doesn't elicit professional work, it just "gets the job done". Seriously, hire the right people to get the job done right.
There's a word in Taiwanese with means "people that got rich quick by pure luck and have no class", and that's my sentiment towards cryptos now. Whatever happens with this coin in the future, it needs to not be a repeat of the others. Otherwise, I'm calling it quits completely on crypto, mostly out of disappointment that so many people have fucked up a concept that could change the world. I've spent a considerable amount of time and energy supporting both Noblecoin (that guy is an unqualified, lying scumbag and everyone should stay clear), and EMC2 which was an amazing idea but was spearheaded by that scam artist bob something whom everyone is familiar with now and he fucked that all up. He commissioned me to provide a Chinese localization and tried to undercut my firm's actual rate by 1/3 and refused to pay. I eventually got it out of him, but the lack of professionalism displayed by all of these coins is disgusting. These coins are products and need to be treated as such. Coders are not traders/bankers/marketers/advertisers/account-managers/business-advisors, and need to stop pretending they are. There's a reason we all use banks and nobody uses crypto. Bank lobbies look nice and have friendly staff, but we all have to look at under construction websites rushed together, bitchy, self-entitled (for absolutely no reason, might I add) developers, and non-functioning markets based in Serbia? F that.
I run a successful media business in Asia and cryptos have brought me nothing but anguish and stress for the past year. I cannot waste any more of my time using my resources and skills trying to help causes and coins I want to support to be continually disappointed and disrespected like "I don't understand". For anyone who is curious, look through my previous posts for proof that I'm not retarded.
Credit to MaWo and Nxtblg for being very responsible devs, although I do wish they would act on my recommendations more quickly because I know what I'm talking about. I'm not a 19 year old who can install a graphics card, or a "gamer" who believes this is some sort of natural extension to my hobbies. I do not sit in trollboxes to lie to people, it is so classless and disgusting to deliberately mislead someone for a quick profit. I do not have time to sit around here any longer wishing for coins to gain in value. I'm getting stressed from the stupidity that routinely happens in this crypto "community" (whatever the hell that means), and then some new "prodigy" comes along and everyone falls for that guy's tricks. Then the cycle repeats.
As an honest businessman, I no longer feel comfortable participating in this crypto bullshit charade, which is now just like playing a slot machine. I believe this concept can change the world, especially for places that don't have govt/banks that function as well as ours do. Hours upon hours spent in these chatrooms, writing code for people, translating and not getting paid, my suggestions being ignored (only to be done by someone else terribly 2 months later), all for what? A few thousand dollars? Totally not worth it.
Things that need to be done ASAP:
Publicly accessible wallet so I don't have to type a friggin terminal command to use it. I said this a month ago and it hasn't been implemented yet. It takes a maximum 6 hours to do the method I mentioned before in a PM.
The weird version numbering and date system looks unprofessional.
The wallet layout is confusing and there needs to be a professional web developer to completely revamp it. I don't care about the assets or forged balance, or even the version number. I also don't care about the recent blocks. That is not relevant to daily usage.
Drop the whole sob story about being scammed and rising from the ashes. Nobody cares.
Focus on following the development of NXT, but the vanilla clone aspect is (in my opinion) pointless. Why wouldn't I just get NXT instead? What is the difference between NFD, NAS, and NTX again?
Increase the amount of and streamline the asset exchange and explain what the hell that is.
Professional translations and not begging someone who "just speaks the language".
Stop the associations with other bull alt coins and focus on BTC and LTC trade. Those are the only feasible coins.
Good luck to NFD, and I swear to god if I see someone type "to the moooooooooon" one more time.....
I think it is just that somebody programmed a bot to buy low and sell high, rinse and repeat. With predictable volatility, this is pretty easy to win most of the time. If I could script I would do it too! |
|
|
|
jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
|
|
July 16, 2014, 06:10:28 AM |
|
maybe, as I understand the initial DUMP is always an issue when something is basically for free.
you will always have a certain percentage of people that are going for the small and quick buck.
Are you an nfd investor l8orre? Yes, I think NFD has great potential for several reasons  The way it came into being makes it relatively unattractive for hype and shysters. Also, it does not promise outlandish new features that are supposed to outcompete NXT - which is the silly and overhyping approach that most of the clones take. NXT itself is loaded with outlandish and new features already and surpassing that is impossible. NXT insiders know the magnitude of what is in there, and how unrealistic it is for a shoddy and quick copycat job to reinvent that wheel on the fly, and with even extra gimmicks. As far as I know, NFD is the only clone that uses the explicit strategy to be and to remain a plain vanilla NXT clone. But I think there is a very solid raison d'etre for a robust and highly compatible NXT COMPANION, and NFD can become exactly that! I really think this is a good evaluation |
|
|
|
|
MaWo (OP)
|
|
July 16, 2014, 09:55:47 AM
Last edit: July 16, 2014, 05:38:47 PM by MaWo |
|
I would like to know, what community think which gui features are essential for a very simple, easy to use client.
my thoughts - requiered are:
i18n
send NFD
show account balance
show account related payment transactions
account in/out statistics per month, per quarter over custom time period
an excel export and a print function (version 2)
I believe that we don't need
register/change alias
search for account info/transactions/blocks
messages
assets
forging possibilities
...
for a simple client.
What do you think?
What's with the brain wallet? Should we add possibility to store secrets in encrypted files locally?
|
|
|
|
|
jackychan
Full Member
Offline
Activity: 189
Merit: 100
The future will be Digital
|
|
July 16, 2014, 10:08:25 AM |
|
Lol time no see buddy, we are nearly get into 100 hundreds page, congratulations
|
|
|
|
|
minlihua
|
|
July 16, 2014, 01:02:03 PM |
|
Is there any plan for the rich list?
|
|
|
|
JulioCesar
Member
Offline
Activity: 64
Merit: 10
|
|
July 16, 2014, 01:34:15 PM |
|
It's fairly obvious what is happening with trading of this coin. There isn't any dumping happening.
Due to the volatility in (low) price, it's very feasible to quickly increase your holdings by relatively high percentages. Think of it this way: if you sell at 5 and buy back at 4, you pick up an additional 20% worth of coin. It's not about making money on trades ATM with this coin, it's about taking advantage of volatility to increase holdings. The lower the value, the higher the return. How else would anyone explain 5+ BTC orders on both sides? It's the reason Mintpal is so popular as an exchange. With high trade volume there is extremely high volatility, and those that pay enough attention can pick up small amounts of money all day long by hedging themselves and staring at the screen for changes.
Trades between 4 and 3 pick up an 33% increase, etc. The value will not increase as it is extremely profitable to trade on these low numbers. We need to do something drastic to pull the coin out of single digits. My recommendation: pull ALL sell orders.
Simply stated: Trading in single satoshis can net upwards of a 10% increase per trade. Trading over 10 sats lowers this quick buy/sell profit potential to under 10%. Break out a calculator and see for yourself. Altcoin markets are popular simply for this reason, and this reason alone. Nobody cares about "features", nobody cares about the dev teams, and nobody cares about a "cause". It's literally all hype and market manipulation. Look at some coins recently that were obviously scams and massive fails like AsiaCoin, yet for some reason those continue on because nobody gives a shit. Shit on Poloniex like "Limecoin Lite" that was sold even before the coin was *invented and released*, which to my knowledge to this day hasn't happened yet but it still trades. They just look at numbers and how to manipulate them.
You guys forget that this is a Chinese exchange and they are AMAZING at this. Chinese absolutely LOVE to gamble, and since they can't here as gambling is illegal in China, cryptos are a way to gamble and not an investment.
I think the only way for this coin to break the cycle is either deeply integrate with NXT as a "silver", and seriously step up our game with utility. By utility, I don't mean buying stuff online (because honestly, even if the website takes BTC I still use my credit card, I did that today with VPN service), but doing things like making a secure online wallet publicly accessible for all and removing the tech barrier that is keeping cryptos stuck in toxic online forums. This "boys club" attitude needs to stop. Bounties are pointless because it doesn't elicit professional work, it just "gets the job done". Seriously, hire the right people to get the job done right.
There's a word in Taiwanese with means "people that got rich quick by pure luck and have no class", and that's my sentiment towards cryptos now. Whatever happens with this coin in the future, it needs to not be a repeat of the others. Otherwise, I'm calling it quits completely on crypto, mostly out of disappointment that so many people have fucked up a concept that could change the world. I've spent a considerable amount of time and energy supporting both Noblecoin (that guy is an unqualified, lying scumbag and everyone should stay clear), and EMC2 which was an amazing idea but was spearheaded by that scam artist bob something whom everyone is familiar with now and he fucked that all up. He commissioned me to provide a Chinese localization and tried to undercut my firm's actual rate by 1/3 and refused to pay. I eventually got it out of him, but the lack of professionalism displayed by all of these coins is disgusting. These coins are products and need to be treated as such. Coders are not traders/bankers/marketers/advertisers/account-managers/business-advisors, and need to stop pretending they are. There's a reason we all use banks and nobody uses crypto. Bank lobbies look nice and have friendly staff, but we all have to look at under construction websites rushed together, bitchy, self-entitled (for absolutely no reason, might I add) developers, and non-functioning markets based in Serbia? F that.
I run a successful media business in Asia and cryptos have brought me nothing but anguish and stress for the past year. I cannot waste any more of my time using my resources and skills trying to help causes and coins I want to support to be continually disappointed and disrespected like "I don't understand". For anyone who is curious, look through my previous posts for proof that I'm not retarded.
Credit to MaWo and Nxtblg for being very responsible devs, although I do wish they would act on my recommendations more quickly because I know what I'm talking about. I'm not a 19 year old who can install a graphics card, or a "gamer" who believes this is some sort of natural extension to my hobbies. I do not sit in trollboxes to lie to people, it is so classless and disgusting to deliberately mislead someone for a quick profit. I do not have time to sit around here any longer wishing for coins to gain in value. I'm getting stressed from the stupidity that routinely happens in this crypto "community" (whatever the hell that means), and then some new "prodigy" comes along and everyone falls for that guy's tricks. Then the cycle repeats.
As an honest businessman, I no longer feel comfortable participating in this crypto bullshit charade, which is now just like playing a slot machine. I believe this concept can change the world, especially for places that don't have govt/banks that function as well as ours do. Hours upon hours spent in these chatrooms, writing code for people, translating and not getting paid, my suggestions being ignored (only to be done by someone else terribly 2 months later), all for what? A few thousand dollars? Totally not worth it.
Things that need to be done ASAP:
Publicly accessible wallet so I don't have to type a friggin terminal command to use it. I said this a month ago and it hasn't been implemented yet. It takes a maximum 6 hours to do the method I mentioned before in a PM.
The weird version numbering and date system looks unprofessional.
The wallet layout is confusing and there needs to be a professional web developer to completely revamp it. I don't care about the assets or forged balance, or even the version number. I also don't care about the recent blocks. That is not relevant to daily usage.
Drop the whole sob story about being scammed and rising from the ashes. Nobody cares.
Focus on following the development of NXT, but the vanilla clone aspect is (in my opinion) pointless. Why wouldn't I just get NXT instead? What is the difference between NFD, NAS, and NTX again?
Increase the amount of and streamline the asset exchange and explain what the hell that is.
Professional translations and not begging someone who "just speaks the language".
Stop the associations with other bull alt coins and focus on BTC and LTC trade. Those are the only feasible coins.
Good luck to NFD, and I swear to god if I see someone type "to the moooooooooon" one more time.....
I think it is just that somebody programmed a bot to buy low and sell high, rinse and repeat. With predictable volatility, this is pretty easy to win most of the time. If I could script I would do it too! What we can do against that? |
1b7150efc4abdc96f11a0b678d974541318a4a7973e0588d4849651551963a7d
|
|
|
CoinKombinat
Member
Offline
Activity: 70
Merit: 10
|
|
July 16, 2014, 06:37:31 PM |
|
It's fairly obvious what is happening with trading of this coin. There isn't any dumping happening.
Due to the volatility in (low) price, it's very feasible to quickly increase your holdings by relatively high percentages. Think of it this way: if you sell at 5 and buy back at 4, you pick up an additional 20% worth of coin. It's not about making money on trades ATM with this coin, it's about taking advantage of volatility to increase holdings. The lower the value, the higher the return. How else would anyone explain 5+ BTC orders on both sides? It's the reason Mintpal is so popular as an exchange. With high trade volume there is extremely high volatility, and those that pay enough attention can pick up small amounts of money all day long by hedging themselves and staring at the screen for changes.
Trades between 4 and 3 pick up an 33% increase, etc. The value will not increase as it is extremely profitable to trade on these low numbers. We need to do something drastic to pull the coin out of single digits. My recommendation: pull ALL sell orders.
Simply stated: Trading in single satoshis can net upwards of a 10% increase per trade. Trading over 10 sats lowers this quick buy/sell profit potential to under 10%. Break out a calculator and see for yourself. Altcoin markets are popular simply for this reason, and this reason alone. Nobody cares about "features", nobody cares about the dev teams, and nobody cares about a "cause". It's literally all hype and market manipulation. Look at some coins recently that were obviously scams and massive fails like AsiaCoin, yet for some reason those continue on because nobody gives a shit. Shit on Poloniex like "Limecoin Lite" that was sold even before the coin was *invented and released*, which to my knowledge to this day hasn't happened yet but it still trades. They just look at numbers and how to manipulate them.
You guys forget that this is a Chinese exchange and they are AMAZING at this. Chinese absolutely LOVE to gamble, and since they can't here as gambling is illegal in China, cryptos are a way to gamble and not an investment.
I think the only way for this coin to break the cycle is either deeply integrate with NXT as a "silver", and seriously step up our game with utility. By utility, I don't mean buying stuff online (because honestly, even if the website takes BTC I still use my credit card, I did that today with VPN service), but doing things like making a secure online wallet publicly accessible for all and removing the tech barrier that is keeping cryptos stuck in toxic online forums. This "boys club" attitude needs to stop. Bounties are pointless because it doesn't elicit professional work, it just "gets the job done". Seriously, hire the right people to get the job done right.
There's a word in Taiwanese with means "people that got rich quick by pure luck and have no class", and that's my sentiment towards cryptos now. Whatever happens with this coin in the future, it needs to not be a repeat of the others. Otherwise, I'm calling it quits completely on crypto, mostly out of disappointment that so many people have fucked up a concept that could change the world. I've spent a considerable amount of time and energy supporting both Noblecoin (that guy is an unqualified, lying scumbag and everyone should stay clear), and EMC2 which was an amazing idea but was spearheaded by that scam artist bob something whom everyone is familiar with now and he fucked that all up. He commissioned me to provide a Chinese localization and tried to undercut my firm's actual rate by 1/3 and refused to pay. I eventually got it out of him, but the lack of professionalism displayed by all of these coins is disgusting. These coins are products and need to be treated as such. Coders are not traders/bankers/marketers/advertisers/account-managers/business-advisors, and need to stop pretending they are. There's a reason we all use banks and nobody uses crypto. Bank lobbies look nice and have friendly staff, but we all have to look at under construction websites rushed together, bitchy, self-entitled (for absolutely no reason, might I add) developers, and non-functioning markets based in Serbia? F that.
I run a successful media business in Asia and cryptos have brought me nothing but anguish and stress for the past year. I cannot waste any more of my time using my resources and skills trying to help causes and coins I want to support to be continually disappointed and disrespected like "I don't understand". For anyone who is curious, look through my previous posts for proof that I'm not retarded.
Credit to MaWo and Nxtblg for being very responsible devs, although I do wish they would act on my recommendations more quickly because I know what I'm talking about. I'm not a 19 year old who can install a graphics card, or a "gamer" who believes this is some sort of natural extension to my hobbies. I do not sit in trollboxes to lie to people, it is so classless and disgusting to deliberately mislead someone for a quick profit. I do not have time to sit around here any longer wishing for coins to gain in value. I'm getting stressed from the stupidity that routinely happens in this crypto "community" (whatever the hell that means), and then some new "prodigy" comes along and everyone falls for that guy's tricks. Then the cycle repeats.
As an honest businessman, I no longer feel comfortable participating in this crypto bullshit charade, which is now just like playing a slot machine. I believe this concept can change the world, especially for places that don't have govt/banks that function as well as ours do. Hours upon hours spent in these chatrooms, writing code for people, translating and not getting paid, my suggestions being ignored (only to be done by someone else terribly 2 months later), all for what? A few thousand dollars? Totally not worth it.
Things that need to be done ASAP:
Publicly accessible wallet so I don't have to type a friggin terminal command to use it. I said this a month ago and it hasn't been implemented yet. It takes a maximum 6 hours to do the method I mentioned before in a PM.
The weird version numbering and date system looks unprofessional.
The wallet layout is confusing and there needs to be a professional web developer to completely revamp it. I don't care about the assets or forged balance, or even the version number. I also don't care about the recent blocks. That is not relevant to daily usage.
Drop the whole sob story about being scammed and rising from the ashes. Nobody cares.
Focus on following the development of NXT, but the vanilla clone aspect is (in my opinion) pointless. Why wouldn't I just get NXT instead? What is the difference between NFD, NAS, and NTX again?
Increase the amount of and streamline the asset exchange and explain what the hell that is.
Professional translations and not begging someone who "just speaks the language".
Stop the associations with other bull alt coins and focus on BTC and LTC trade. Those are the only feasible coins.
Good luck to NFD, and I swear to god if I see someone type "to the moooooooooon" one more time.....
I think it is just that somebody programmed a bot to buy low and sell high, rinse and repeat. With predictable volatility, this is pretty easy to win most of the time. If I could script I would do it too! What we can do against that? dont sell ure coins in a smooth panic thinking. simple HODL and the we will all have a thanks to the value then |
|
|
|
|
jackychan
Full Member
Offline
Activity: 189
Merit: 100
The future will be Digital
|
|
July 17, 2014, 12:56:26 AM |
|
I'm not selling but buying  |
|
|
|
|
bestcoinever
|
|
July 17, 2014, 04:24:03 AM |
|
vote on hitbtc, we are behind cloak
|
|
|
|
rajko00
Member
Offline
Activity: 60
Merit: 10
|
|
July 17, 2014, 09:38:18 AM |
|
i hope that 4sat trading is over |
NEM COIN - FUTURE IS HERE
|
|
|
JulioCesar
Member
Offline
Activity: 64
Merit: 10
|
|
July 17, 2014, 10:29:52 AM |
|
i hope that 4sat trading is over NFD need some people buying more on BTER |
1b7150efc4abdc96f11a0b678d974541318a4a7973e0588d4849651551963a7d
|
|
|
|
Equate
|
|
July 17, 2014, 10:33:01 AM |
|
i hope that 4sat trading is over NFD need some people buying more on BTER yes , slow movement on bter. |
|
|
|
|
|
zhaohui
|
|
July 17, 2014, 12:00:36 PM |
|
i hope that 4sat trading is over NFD need some people buying more on BTER yes , slow movement on bter. sooner or later , NFD will fly to the moon , this is my belief |
|
|
|
capoeira
Legendary
Offline
Activity: 2388
Merit: 1003
|
|
July 17, 2014, 12:45:54 PM |
|
we need NFD on BIttrex.....this is the leader for alts atm
|
|
|
|
l8orre
Legendary
Offline
Activity: 1181
Merit: 1018
|
|
July 17, 2014, 04:37:52 PM |
|
coming soon: xGate. about to go testNet on Sunday.
trade NFD <-> NXT directly via the Asset Exchanges.
almost ready, stay tuned
|
|
|
|
|
jackychan
Full Member
Offline
Activity: 189
Merit: 100
The future will be Digital
|
|
July 17, 2014, 04:45:03 PM |
|
coming soon: xGate. about to go testNet on Sunday.
trade NFD <-> NXT directly via the Asset Exchanges.
almost ready, stay tuned We're waiting the good news |
|
|
|
|
|
|
