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Question: At what cap range will they meet each other?
Above 200m
150m-200m
100m-150m
Below 100m
NXT will never reach market cap of LTC

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Author Topic: LTC and NXT market caps meeting point  (Read 5907 times)
devphp (OP)
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July 01, 2014, 11:13:00 PM
 #1

Since Litecoin keeps going down, and NXT is holding steady, let's make predictions at what range their market caps will meet each other. Comments are welcome too Wink
El Dude
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July 01, 2014, 11:25:53 PM
 #2

Ipo scam NXT coin distributed to 70 people won't ever reach Litecoins marketcap.

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kelsey
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July 02, 2014, 12:02:11 AM
 #3

to start with the marketcap listed of nxt is a bit fudgy but anyways even with that its pretty much at its peak, freefall is inevitable.
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July 02, 2014, 12:27:25 AM
 #4

Are there any forks of NXT yet? With better distribution?

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July 02, 2014, 12:38:04 AM
 #5

Are there any forks of NXT yet? With better distribution?

There's Next Fair Distribution.  NEM and NXTL are no longer forks of NxT.

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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July 02, 2014, 02:19:56 AM
 #6

Well let's see:

LTC market cap: $234 million
NXT market cap: $61 million

Assuming that they ever do intersect sometime in the future, the most probable point for this would be $234 million + $61 million ÷ 2 which equals $147.5 million.

So that would be my guess.

LTC has been doing quite poorly this year, whereas NXT has done reasonably OK so I wouldn't be too surprised if NXT overtakes LTC.

to start with the marketcap listed of nxt is a bit fudgy but anyways even with that its pretty much at its peak, freefall is inevitable.

It peaked around a month ago at ~10 cents didn't it?
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July 02, 2014, 03:48:19 AM
 #7

Ipo scam NXT coin distributed to 70 people won't ever reach Litecoins marketcap.
If the distribution was such an issue, why did NXT even reach a market cap of $61m at the moment?

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TaunSew
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July 02, 2014, 04:16:12 AM
 #8

Ipo scam NXT coin distributed to 70 people won't ever reach Litecoins marketcap.
If the distribution was such an issue, why did NXT even reach a market cap of $61m at the moment?

You realize NxT has been out for a lot longer?  Used to be 11 cents back in January.

As well the capitalization means little if it isn't backed by an appropriate volume.  NxT has less volume than Doge Coin, Ripple, Vericoin.  There's even plenty of coins with a capitalization under $1 million with more volume than NxT.  That's not counting the times where NxT's volume dries up and declines to a very low $20K to $40K.



There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
devphp (OP)
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July 02, 2014, 04:52:40 AM
 #9

240m vs 60m at the moment, keep voting.
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July 02, 2014, 04:57:01 AM
 #10

NXT has no other distribution then being bought.

Litecoin has Buy-in and the mine-in.


PoW = Win.

As long as litecoin is minable it will always be relevant.

i don't think nxt will ever touch Litecoin
devphp (OP)
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July 02, 2014, 05:13:54 AM
 #11

Well let's see:

LTC market cap: $234 million
NXT market cap: $61 million

Assuming that they ever do intersect sometime in the future, the most probable point for this would be $234 million + $61 million ÷ 2 which equals $147.5 million.

So that would be my guess.


I guessed about the same, although my calculations were not exactly those, but I chose the same 100m-150m option.
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July 02, 2014, 05:31:39 AM
 #12

NXT has no other distribution then being bought.

Litecoin has Buy-in and the mine-in.


PoW = Win.

As long as litecoin is minable it will always be relevant.

i don't think nxt will ever touch Litecoin

Have you seen hashrate.org?
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July 02, 2014, 05:46:26 AM
 #13

NXT has no other distribution then being bought.

Litecoin has Buy-in and the mine-in.


PoW = Win.

As long as litecoin is minable it will always be relevant.

i don't think nxt will ever touch Litecoin

Have you seen hashrate.org?
+1
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July 02, 2014, 05:49:21 AM
 #14

Big elephant 51% oh no

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July 02, 2014, 05:49:40 AM
 #15

NXT has no other distribution then being bought.

Litecoin has Buy-in and the mine-in.


PoW = Win.

As long as litecoin is minable it will always be relevant.

i don't think nxt will ever touch Litecoin

Have you seen hashrate.org?
+1

although an effort it will never be a good one. That multipool will always depend on the other coins to do well so they can trade. In other words.. the pool depends on POW.

ironically it could be mining litecoin..

edit: Anyways. this is turning into which coin is better. i have no intention to bad talk any of the communities. They are both filled with investors who invested their $$ into them and i do not want to trash talk any side.

my opinion was share because it seemed like the topic offered to listen to it. I said NXT will never touch LTC. its just my honest thought.

cheers

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July 02, 2014, 05:50:48 AM
 #16

LTC dead! Sell LTC, buy NXT  Cool
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July 02, 2014, 05:54:06 AM
 #17

100m-150m seems possible and it could happen fast.

devphp (OP)
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July 02, 2014, 06:18:34 AM
 #18

What's the link to see the current hash rate of Litecoin, please?
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July 02, 2014, 06:19:28 AM
 #19

within few months but only cuz Litecoin is a piece of crap clone without innovation constantly going down

Coblee himself recently said it, sell the fucking clonecoin

~CfA~

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July 02, 2014, 06:23:21 AM
 #20

2014 is becoming the time of the crypto's 2.0 and not for the oldtimers. It's a path taken and it happens in all the tech-fields. We don't use a compactdisc anymore, we use mp3/Spotify, etc...

Litecoin has nothing more to offer, Nxt has a lot of great features and there will be many more coming. Nxt has been updated (and upgraded) once a month at least! What does Litecoin do...?

I guess Litecoin will fall quicker than Nxt will rise, so I assume 100-150m.

Funny little poll btw! I shall tweet it.
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