NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people?

[peacefulmind]

Lets remember history for a moment.

NXT was all mined, approximately 1,000,000,000 tokens, instantly.

They were then given to forum members deemed most influential or a friend of the developers, 50 people got ALL THE COINS instantly.

There is very little in liquidity, creating a false illusion of wealth, try to sell 500,000 NXT on cryptsy and see what happens to that price!  On the other hand you could sell that much of Litecoin and the market for Litecoin would NOT hiccup!


NXT should be rightfully called out as the biggest insta-mine scam in the history of alt-coins.  It is written in JAVA.  It was kept CLOSED SOURCE to hide major flaws and security issues.

They keep promising features that then do not appear and claim features that do not really work.  Have you tried to use their asset exchange?  Not really functioning.

Should be renamed SHT or SCM.  

--edit--

NXT says scamming is okay -

Fairness is one of the most important factors, if not THE most important factor, for the viability of any crypto coin.

Unfortunately, NXT got it wrong.

fairness is a fake concept which has no place in capitalism

if u dont know this then u are delusional.  there is no fair cryptocurrency, this is hyprocite talk

look at bitcon its the worst obviously. fairness is such a joke anyway. there is no such thing as fairness in this world

Thank you for admitting that NXT is a scam - see this is the mentality of NXT and people behind it.

People who made NXT believe and support scamming.

Fairness is what separates men from animals and the 1st world from the 3rd world.

Fairness and empathy are what make us human.

NXT is inhumane, as proven by the poster above by his support and admission that NXT is a scam, even defending NXT's right to scam you.

[instacalm]

What a superfluous and stupid topic... congratulations.

They keep promising features that then do not appear and claim features that do not really work.  Have you tried to use their asset exchange?  Not really functioning.

I seriously facepalmed after reading this nonsense  Thank you for your competent opinion!


why not come up at a booth and express your opinions over there!

[peacefulmind]

I was here but had no chance to get any through a fair means like mining.

I had to pay the devs an instant 50x BTC profit to get any - thats right all was SOLD for instant 50x profit...

It is the most illiquid coin on the top 10 - DOGE floats as a serious currency better than NXT.

FAKE Auroracoin Market-cap = nothing.

Liquidity (not faked) everything.

[peacefulmind]

What a superfluous and stupid topic... congratulations!

How do you feel about crony-corrupt-capitalism?

NXT = crony-corrupt-crypto.

[peacefulmind]

Ask, yourself one question?

Did I get 1/50 of 1,000,000,000 insta-mined NXT for free?

If not, then perhaps you should think twice about giving these "special 50" your money.

Ask NXT where is my free NXT?  Ask why you can't mine any today?

[Bharat]

Ask, yourself one question?

Did I get 1/50 of 1,000,000,000 insta-mined NXT for free?

If not, then perhaps you should think twice about giving these "special 50" your money.

Ask NXT where is my free NXT?  Ask why you can't mine any today?

or just ignore that coin and look any genuine one

[peacefulmind]

Why does DOGE have more liquidity than NXT?

I contend when DOGE moves to PoS it will quickly overtake NXT SCAM.

DOGE > NXT.

Period.

[peacefulmind]

DOGE has let ANYONE get some FREE by mining.

If they then move to PoS, it will have been an immensely more fair launch than NXT.

DOGE will remain ahead of NXT by the end of the year in volume, willing to bet anyone 1,000,000 DOGE in escrow.

[peacefulmind]

What a superfluous and stupid topic... congratulations.

They keep promising features that then do not appear and claim features that do not really work.  Have you tried to use their asset exchange?  Not really functioning.

I seriously facepalmed after reading this nonsense  Thank you for your competent opinion!


why not come up at a booth and express your opinions over there!

hurr-durr you printed a sign.  If that is all NXT has is a sign, it proves someone spent $5.

DOGE printed a NASCAR.

[peacefulmind]

Ask, yourself one question?

Did I get 1/50 of 1,000,000,000 insta-mined NXT for free?

If not, then perhaps you should think twice about giving these "special 50" your money.

Ask NXT where is my free NXT?  Ask why you can't mine any today?

or just ignore that coin and look any genuine one

This is what smart people will do.   Get some DOGE, DRK, VTC, LTC, BTC.

Something not part of the greatest scam in human history.

[lopalcar]

Your logic and posts are so stupid that no one is spending time to discuss with you, only yourself lol

[Whoisthelorax]

Your logic and posts are so stupid that no one is spending time to discuss with you, only yourself lol

yeah I'm afraid I reignited this one. Peacefulmind showed up in my thread and I've seen to lit a fire under his/her ass. sorry about that.

I already corrected you, its an IPO, not a premine. Yes, a horribad IPO that abruptly ended 6 weeks before it was supposed to, but nonetheless, and IPO. get your facts straight before vomiting onto the internet.

[Whoisthelorax]

Since I have to spell it out for you, here is the difference:

Premines are coins that the developers keep.

IPOs are essentially auctions open to the public.

[bitwho]

Ask, yourself one question?

Did I get 1/50 of 1,000,000,000 insta-mined NXT for free?

If not, then perhaps you should think twice about giving these "special 50" your money.

Ask NXT where is my free NXT?  Ask why you can't mine any today?

or just ignore that coin and look any genuine one

This is what smart people will do.   Get some DOGE, DRK, VTC, LTC, BTC.

Something not part of the greatest scam in human history.

and karma ? : P

[lalakies23]

Of course it will. Why invest on NXT when the Peercoin already exists and it's original

[bitgold]

liquidity is a problem for many coins. Can't be fooled by so called "market cap" alone. AFAIK,  LTC & Doge are the most liquid altcoins, least risk in a risky world.

[JustBetweenUs]

Maybe if you guys start 100 more threads like this, the price will go down. 

[ChuckOne]

Good idea. I need more cheap NXTs.

[CEG5952]

I do like some of the ideas and development behind NXT. Unfortunately, I tend to think the 100% premine/IPO model is very problematic for distribution.

[bitgold]

Fairness is one of the most important factors, if not THE most important factor, for the viability of any crypto coin.

Unfortunately, NXT got it wrong.