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Author Topic: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people?  (Read 14993 times)
DecentralizeEconomics
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June 27, 2015, 05:10:51 AM
 #261

It may not die because of the bad distribution, but it sure as hell does not need Einstein to figure out that with no investment it will.
Money which has been invested in the last 24h, and the day before and before ...........
Litecoin     $ 86,112.90 USD
Monero      $ 7,018.04 USD
Dogecoin  $ 2,308.80 USD
Namecoin $ 1,787.30 USD
Peercoin    $ 499.90 USD
Nxt            $ 35.82 USD
Blackcoin  $ 35.50 USD
Quark        $ 11.50 USD
What do people here expect, but $100 in and get $100000 out?

Bitcoin is of the radar (almost 1 mil) and after 5 years still gets distributed daily with new coins and for the next 100 plus years.

Right, and you determined the new capital flowing into the alts you listed, how exactly?   Roll Eyes
New coins times price. With other words if you remove the noise of the trades the price would stay exactly the same per coin with that amount of new money. Unfortunately nxt has not been able to find the few $ needed per day as it lost about 7% against Bitcoin YTD (which found $ 883,536.00 USD past 24h).
It is plain simple noone can take more out than what is put in.
Some would say she ist dead jack.

Protip:  There is no inflation in NXT.

"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
montaga
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June 27, 2015, 05:22:01 AM
Last edit: June 27, 2015, 05:38:48 AM by montaga
 #262

It may not die because of the bad distribution, but it sure as hell does not need Einstein to figure out that with no investment it will.
Money which has been invested in the last 24h, and the day before and before ...........
Litecoin     $ 86,112.90 USD
Monero      $ 7,018.04 USD
Dogecoin  $ 2,308.80 USD
Namecoin $ 1,787.30 USD
Peercoin    $ 499.90 USD
Nxt            $ 35.82 USD
Blackcoin  $ 35.50 USD
Quark        $ 11.50 USD
What do people here expect, but $100 in and get $100000 out?

Bitcoin is of the radar (almost 1 mil) and after 5 years still gets distributed daily with new coins and for the next 100 plus years.

Right, and you determined the new capital flowing into the alts you listed, how exactly?   Roll Eyes
New coins times price. With other words if you remove the noise of the trades the price would stay exactly the same per coin with that amount of new money. Unfortunately nxt has not been able to find the few $ needed per day as it lost about 7% against Bitcoin YTD (which found $ 883,536.00 USD past 24h).
It is plain simple noone can take more out than what is put in.
Some would say she ist dead jack.

Protip:  There is no inflation in NXT.
Fee's baby, fee's you gotta pay them damn fees (fixed it for you)
DecentralizeEconomics
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June 27, 2015, 05:43:09 AM
 #263

It may not die because of the bad distribution, but it sure as hell does not need Einstein to figure out that with no investment it will.
Money which has been invested in the last 24h, and the day before and before ...........
Litecoin     $ 86,112.90 USD
Monero      $ 7,018.04 USD
Dogecoin  $ 2,308.80 USD
Namecoin $ 1,787.30 USD
Peercoin    $ 499.90 USD
Nxt            $ 35.82 USD
Blackcoin  $ 35.50 USD
Quark        $ 11.50 USD
What do people here expect, but $100 in and get $100000 out?

Bitcoin is of the radar (almost 1 mil) and after 5 years still gets distributed daily with new coins and for the next 100 plus years.

Right, and you determined the new capital flowing into the alts you listed, how exactly?   Roll Eyes
New coins times price. With other words if you remove the noise of the trades the price would stay exactly the same per coin with that amount of new money. Unfortunately nxt has not been able to find the few $ needed per day as it lost about 7% against Bitcoin YTD (which found $ 883,536.00 USD past 24h).
It is plain simple noone can take more out than what is put in.
Some would say she ist dead jack.

Protip:  There is no inflation in NXT.
Fee's baby, fee's you gotta pay them damn fees (fixed it for you)

What are you implying?  I can only assume you are taking the daily NXT tx fee total and multiplying it by the current price.  That figure means nothing.

"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
TheMystic
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June 27, 2015, 04:30:15 PM
 #264


java = scam

so java shitcoin = scam too !

Large bol...

 oops

Large, bold letters = Moron

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newb4now
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June 27, 2015, 04:41:19 PM
 #265

Fact is, just like btc and tons of other senior cryptos: a few people always get in early and hit the jackpot so to speak. So there is always a small number with a big number of coins. Would it be optimal if the big stakeholders gave away more? Yes, but no one can force them and it's not fatal.

The reason Google etc. isn't investing in Bitcoins is according to themselves that they are waiting for the 2nd generation cryptocurrencies that have fixed the issues of btc like nxt has done.


I agree with your first paragraph but disagree with your second one.
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