The Deathblow to Proof of Stake

[Brangdon]

Yea, it will be interesting when at some point every exchange converts to a new fork for some random coin and miners (pools) refuse, or vice versa.  Right now, everyone just kinda goes along to get along, but at some point there will be a clash of civilizations.  It's mostly exchanges that dictate everything right now since pool owners don't want to look like idiots having their clientele mining thin air that can't be cashed out.  

This would imply the power to fork comes from the developer and exchanges, and miners come 3rd, which is basically the opposite of the Satoshi view.  The Satoshi view seems to rely on the idea that there will be vastly more exchanges than mining pools, so whatever a particular exchange does has no influence on anything.  Most altcoins are entirely centralized on one exchange.  Bitcoin could be very centralized the same way in that regard having one dominant exchange in the US, and one in Europe or Hong Kong even years from now.

Interesting. Nxt has a trading exchange built into the block-chain, which is decentralised, so even if you can't convert NXT to fiat with an external exchange you will be able to buy assets on the internal exchange. Even for Bitcoin, I'd expect external exchanges to become less important over time as the currency becomes more self-sufficient.

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[TaunSew]

This discussion about NXT is irrelevant.  It used to be a stable 8 to 9 cents back in January and has yet to recover to its' former capitalization.  Subsequent development might interest a niche of tech geeks but it doesn't matter to the meat and bone investors, traders and buyers in general.

 If we were talking about any other coin then more of you would be brave enough to say that NXT is a stagnating / dying coin.  For the same reasons why everyone regards Mastercoin as dying.  Maybe Mastercoin is still developing but that's just as irrelevant as NXT having continuing development.

 It's not 2009 / 2010, if a coin can't maintain momentum past a couple months (which NXT couldn't) then it's a sign that a coin isn't meant to be and that it's simply not the coin wanted by the public at large.   We could dwell on should haves and could haves but NXT is NXT, you can't change something which has been out for 9 months since genesis and you can't change the public's first impression so readily.

There's already the upcoming next generation of POS and mixed-PoS which has explicitly addressed poor distribution (which was a huge factor in NXT's collapse as January / February was around the time when everyone became aware of the distribution) and all the problems associated with.  Those upcoming 2nd generation POS coins are the ones you should be buying.  Buying NXT coin right now (versus these upcoming coins) is equivalent to buying Peercoin when NXT first came out.

[Brangdon]

if a coin can't maintain momentum past a couple months (which NXT couldn't)

Nxt was at its peak in June, far more than 2 months after release, and long after its distribution was known. You say it collapsed in Jan/Feb. Back then 1 NXT cost 5,0000 satoshi. Today it costs around 7,000. Looking at the charts, it's actually been quite steady, with a few peaks (one in Feb, one in Jun). By your own analysis, the figures say Nxt is to be.