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Author Topic: Nexus - Pure SHA3 + CPU/GPU + nPoS + 15 Active Innovations + More to Come  (Read 760974 times)
Creasian
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June 06, 2018, 04:28:20 PM
 #7401

and its dropping. yay!
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neatworld
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June 06, 2018, 04:58:57 PM
 #7402

and its dropping. yay!

'Yay' because you want to fill your bags, or 'Yay' because you don't think the project is feasible?

mobilazy
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June 06, 2018, 05:03:21 PM
 #7403

Congrats on Binance listing! The team fought hard to get it done. Hopefully, it means more exposure and volumes. After Tritium release Nexus will be unstoppable!

❰ ❰❰ ❰❰❰ ❰❰❰❰❰ ♦ SIMDAQ ♦ ❱❱❱❱ ❱❱❱ ❱❱ ❱
Learn how to trade profitable!
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Daddy33
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June 06, 2018, 05:49:05 PM
 #7404

lol the price is lower now than before the binance listing announcement. WTF
kraft2009
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June 06, 2018, 06:13:03 PM
 #7405

lol the price is lower now than before the binance listing announcement. WTF

Bittrex has blocked NXS wallet for withdraw after 1000BTC trading volume has been reached to prevent arbitrage on binance/cryptopia. Just wait for a while and then withdraw NXS to binance from that scam exchange
yayat
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June 07, 2018, 06:11:55 AM
 #7406

Can people answer some questions for me on nexus. Firstly what is the max supply? Is there a mainnet upcoming? Where does the coin hold value, as in for price increase in the future? When is the sat launch?
PlatinumCoreDev
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June 07, 2018, 06:16:32 AM
 #7407

Nice one
kraft2009
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June 07, 2018, 06:39:53 AM
 #7408

Can people answer some questions for me on nexus. Firstly what is the max supply? Is there a mainnet upcoming? Where does the coin hold value, as in for price increase in the future? When is the sat launch?

xyburcoin
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June 07, 2018, 12:15:13 PM
 #7409

lol the price is lower now than before the binance listing announcement. WTF

Bittrex has blocked NXS wallet for withdraw after 1000BTC trading volume has been reached to prevent arbitrage on binance/cryptopia. Just wait for a while and then withdraw NXS to binance from that scam exchange

I agree move all your coins from Bittrex before they lock you up.

Life is ours, we live it our way.
LadyA
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June 07, 2018, 08:18:59 PM
 #7410

Can people answer some questions for me on nexus. Firstly what is the max supply? Is there a mainnet upcoming? Where does the coin hold value, as in for price increase in the future? When is the sat launch?

Sure!

1. After an initial 10-year distribution period ending on September 23rd, 2024, there will be a total of 78 million NXS. Over this period, the reward gradient for mining Nexus follows a decaying logarithmic curve instead of the reward halving inherent in Bitcoin. This avoids creating a situation where older mining equipment is suddenly unprofitable, encouraging miners to continue upgrading their equipment over time and at the same time reducing major market shocks on block halving events.

When the distribution period ends, the currency supply will inflate annually by a maximum of 3% via staking and by 1% via the prime and hashing channels. This inflation is completely unlike traditional inflation, which degrades the value of existing coins. Instead, the cost of providing security to the blockchain is paid by inflation, lowering or eliminating transaction fees. 3% annually on staking channel will only be achieved if ALL NXS are staked for that year,

2. Mainnet is already running - that's the current Nexus blockchain. The TAO framework will consist of 3 upgrades to change the one-dimensional chain into a full multi-dimensional distributed ledger.

3. We don't comment on price so maybe someone else can help answer this question. I will say that you probably want to research the subjective theory of value as well as the use cases and utility of what Nexus is building.

4. No official dates on sat launches yet, it will depend on Vector's schedule and other external factors.
Daddy33
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June 07, 2018, 10:11:01 PM
 #7411

lol the price is lower now than before the binance listing announcement. WTF

Bittrex has blocked NXS wallet for withdraw after 1000BTC trading volume has been reached to prevent arbitrage on binance/cryptopia. Just wait for a while and then withdraw NXS to binance from that scam exchange

I agree move all your coins from Bittrex before they lock you up.

Bittrex is actually more secure than Binance. They are regulated.
clovis A.
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June 07, 2018, 10:53:46 PM
 #7412

Delighted to see the Binance listing go live! Nice work on the Tritium white paper as well Wink

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Cloud storage is about to change
                          Are you ready?
SupremeCommanderJabar
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June 07, 2018, 11:09:00 PM
 #7413

Nexus is pro-censorship, just look at some of the evil moderators in the Slack.

If you want REAL talk about Nexus, check out this Slack:

https://join.slack.com/t/jabars/shared_invite/enQtMzY3NjA3MDQyNDA2LWMwOTYzNDkyNGE0MWQ5NjgzYzQxZTg0ZmRhNTBjNzNlNTU0MmIwMzZjMGM2NzQzZjg5ZjU5OWJhMjhhYTFlOWM
Creasian
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June 07, 2018, 11:54:40 PM
 #7414

this coin is falling hard. get out while u can
muleroaa
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June 08, 2018, 12:01:51 AM
 #7415

Can people answer some questions for me on nexus. Firstly what is the max supply? Is there a mainnet upcoming? Where does the coin hold value, as in for price increase in the future? When is the sat launch?

You can find the max supply info in the OP:

Quote
Initial Supply
78 Million over a 10 year distribution period

Current Supply
http://nexusoft.io/platform/statistics/supply.php or http://nxsorbitalscan.com/ , https://nexplorer.co.uk/ , http://nxs.efficienthash.com/

Maximum Annual Inflation
nPOH: Up to 3% annually; 2% after initial distribution is complete
Prime and Hashing Minting Channels: 1% annually after initial distribution is complete

Block Time
300 seconds for Hashing channel
300 seconds for Prime mining channel
60 seconds for nPOH

The mainnet is up, they are working on the Tritium Protocol upgrade and their Smart Contract system of which you can read more about here, as posted before in this topic:

https://medium.com/@ahmedasaad_12721/nexus-tritium-protocol-a-high-level-summary-481a08cdf7a0

https://steemit.com/crypto/@imestin/smart-contracts-in-nexus

I think satellite launches are planned for 2018?

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Creasian
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June 08, 2018, 12:08:33 AM
 #7416

nice, maybe the satellites can send signals to aliens to come buy some nxt and pump the price up
Havier_Rodriguez
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June 08, 2018, 06:32:50 AM
 #7417

I have been trading nxs for more than half a year and have not seen what happened yesterday. I suspect Bittrex purposely blocks NXS purse. After he did it, someone began to sell large volumes of coins, sometimes selling them at any price. And at this very time, the price slowly fell on the Binance. Between today's price and yesterday's sales, the difference is from 10% to 15%. Now they will buy Binance coins at a low rate, run them on Bittrex and when they have the right amount they will unlock the purse. Locked the wallet because Bittrex does not have the right amount of coins, and people would understand it if they started displaying them.So they earned money And in that way Bittrex raise money. Sorry for possible errors in the text, English is not my native language.
xyburcoin
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June 08, 2018, 02:34:57 PM
 #7418

this coin is falling hard. get out while u can

Good buys for me and others... we can get out whenever we can anyways...

WE believe/like/support Nexus.

Cheers!

Life is ours, we live it our way.
oilto200
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June 08, 2018, 04:16:19 PM
 #7419

Are you sure about that Theory ? I just think it's movement in/out of older coins into newer generation ones in advance of the WBC
summit next week. NXS is down 17% on Bittrex on low volume (low volume for Bittrex 700+BTC). I don't think each exchange is allocated
a certain number of coins to trade,  that would be wrong. Some exchanges would be up 100% and others down 20%.

When a coin is listed, they usually pay in coins for the listing fee. Binance does this and then takes the coins they received and holds contests
and gives them away for the people trading the most coins.

I think the coin "PURCH" as you describe it is actually an allocated pool of circulating coins that each exchange has access to. One "PURCH". There are
no market makers here, no broker-dealers, only YOU and the exchange. This way the only way manipulation can occur is on smaller exchanges
with very low volume, for example Craptopia. Craptopia used to be a money maker in Jan/Feb, then the scum bag groups moved in with their
pump and dump scams and ripped everyone off. This "group" manipulation cannot occur on Binance.  On Binance, you very rarely see a coin up over 20%
just like the stock market because their is so much liquidty on Binance.
buriks
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June 08, 2018, 04:18:50 PM
 #7420

lol the price is lower now than before the binance listing announcement. WTF

Bittrex has blocked NXS wallet for withdraw after 1000BTC trading volume has been reached to prevent arbitrage on binance/cryptopia. Just wait for a while and then withdraw NXS to binance from that scam exchange

I agree move all your coins from Bittrex before they lock you up.

Bittrex is actually more secure than Binance. They are regulated.
yes, bittrex is safe because every withdrawal from bittrex account must be verified first

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