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

[EvilDave]

Yup, nothing beats a bit of 48 point.....thread closed, methinks.

NXT is not a scam.....get over it.

[twospirit]

peacefulmind

[nutildah]

It's a catastrophe. NXT has created a false illusion of non existent liquidity. Even the coins are are being mined aren't really well distributed, a fully premined coin is much worse. 

Wow, I haven't seen this many haters come out of the woodwork since Darkcoin passed 2 mil satoshis.

Please explain to me, how are my 300%+ gains on NXT a "catastrophe"?

[nutildah]

It's a catastrophe. NXT has created a false illusion of non existent liquidity. Even the coins are are being mined aren't really well distributed, a fully premined coin is much worse. 

Also, if NXT is a catastrophe, then what do you call Shibecoin, BlueCoin and 100 other scam-purposed coins? In terms of price action, XC, Monero and VertCoin are far greater catastrophes. Its not really a matter of opinion.

[peacefulmind]

yep, scamcoin = NXT.

made to make the .001% devs and friends into multi-millionaires by treading you and your family's back into the ground.

stealing your money and putting into their pocket.

[TaunSew]

Less volume than Cinni Coin which is $1.5 million capitalization.

NxT is 'fair distribution', but only fair to those who knew BCnext 

[peacefulmind]

Only an ultimate noob can open a thread like this!!!

Scream your fear that NXT scam is being exposed a little louder lol.

When NXT results to 60pt font screaming, you know you have hit on the truth with them.

They are trying to scream their black hearted truth away, from your ears...

[peacefulmind]

Less volume than Cinni Coin which is $1.5 million capitalization.

NxT is 'fair distribution', but only fair to those who knew BCnext 

Exactly.

The marketcap is a total lie and I wonder how big the bribe to coinmarketcap owners was??

[Eadeqa]

NxT is 'fair distribution', but only fair to those who knew BCnext 

 IPO was open to anyone and was publicly posted BTT forum

The difference is that Nxt didn't even developer's stake, unlike lNem with 25% reserved for developers plus Nem "founder" getting caught with using sock puppet to claim even more than that

[nutildah]

NxT is 'fair distribution', but only fair to those who knew BCnext  

 IPO was open to anyone and was publicly posted BTT forum

The difference is that Nxt didn't even developer's stake, unlike lNem with 25% reserved for developers plus Nem "founder" getting caught with using sock puppet to claim even more than that

For some reason TS doesn't get that NXT and NEM have a synergistic relationship right now. In order to buy NEM stakes you have to first buy NXT. NXT's success can legitimize NEM, but NEM doesn't have an impact on the legitimacy of NXT.

Do you think he is just trying to buy cheap NXT to buy more stake? It seems likely after that nutjob CFA's unabashed antics.

[Eadeqa]

Do you think he is just trying to buy cheap NXT to buy more stake?

No, I think he is just jealous and wants Nem to be #3

Irony, given Nem started with No Envy Movement slogan when it was planned just a simple Nxt clone 

[pastet89]

It is not a scam, because it was never a secret it was initialy spread to 50 people.
It is another question that this is unfair distribution tough.

[valarmg]

Less volume than Cinni Coin which is $1.5 million capitalization.

NxT is 'fair distribution', but only fair to those who knew BCnext 

No one knows who BCnext is. He's keeping himself totally anonymous, so he probably didn't even tell people he knew in real life about Nxt. Those who gambled on BCnext being legit and being actually able deliver got rewarded. Unfortunately those who gambled on other anonymous devs (e.g. AsiaCoin,WhiteCoin,HonorCoin etc.) got burnt. Sometimes longshots come in. Investors/Gamblers take risks and get rewarded when they pay off.

[mrsanny]

Nothing is fair .Btc is not fair either.
Do you think so?

[From Above]

Nothing is fair .Btc is not fair either.
Do you think so?

the only fair project on bitcointalk is New Economy Movement.
at least we have the best profit and that is all count.

[sumantso]

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.

How is spending money mining fairer than spending money buying? If anything you are being a less of a burden on the society by wasting less electricity.

Not that I am defending the NXT distribution.

[toknormal]

Not that I am defending the NXT distribution.

I'm defending it. There's absolutely nothing wrong with it contrary to all the nonsense posted.

Firstly, it wasn't a "distribution" it was an auction. Fair and square, so stop judging it as one.

Secondly, it doesn't matter squat whether you receive 70, 700 or 7000 takers for said "auction" because any of those numbers are a tiny portion of the ultimate market. So all these ignorant hypocrites parading themselves as self-appointed ethics police are just being selective about what they define as "fair".

In commerce, there is an unambiguous definition of "fair". What's fair is what's agreed. So if you don't think it's fair, don't agree to invest.

Another thing that makes their "crusade" a bit ridiculous is the fact that they keep banging on about "billionaire" stakeholders when talking about purely hypothetical numbers. If you just take a price and multiply it by a holding then sure, you get a pretty high number, but the other side of the so called "bad distribution" coin is that that amount can never be realised. A much wider distribution HAS to take place before the original stakeholders can even realise a tiny part of their holdings - so it all evens itself out.

I'm not saying they don't ultimately stand to make a lot of money - they do. I'm saying that I don't have a problem with that and it doesn't create the kind of adverse investment conditions for others that the critics claim it does.

[Jungian]

Not that I am defending the NXT distribution.

I'm defending it. There's absolutely nothing wrong with it contrary to all the nonsense posted.

Firstly, it wasn't a "distribution" it was an auction. Fair and square, so stop judging it as one.

Secondly, it doesn't matter squat whether you receive 70, 700 or 7000 takers for said "auction" because any of those numbers are a tiny portion of the ultimate market. So all these ignorant hypocrites parading themselves as self-appointed ethics police are just being selective about what they define as "fair".

In commerce, there is an unambiguous definition of "fair". What's fair is what's agreed. So if you don't think it's fair, don't agree to invest.

Another thing that makes their "crusade" a bit ridiculous is the fact that they keep banging on about "billionaire" stakeholders when talking about purely hypothetical numbers. If you just take a price and multiply it by a holding then sure, you get a pretty high number, but the other side of the so called "bad distribution" coin is that that amount can never be realised. A much wider distribution HAS to take place before the original stakeholders can even realise a tiny part of their holdings - so it all evens itself out.

I'm not saying they don't ultimately stand to make a lot of money - they do. I'm saying that I don't have a problem with that and it doesn't create the kind of adverse investment conditions for others that the critics claim it does.

Well put

[From Above]

Nxt is good Nem is better

Nxt bad distribution Nem best distribution ever (best for multi-stakeholders)

Enrich. NEM.

[Come-from-Overthere]

Nxt is good Nem is gooder

Nxt bader distribution Nem bestest distribution ever (best for mini-stakeholders)

Enrice. NEM.