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Author Topic: Ask me anything about NXT!  (Read 5213 times)
ExtremeFacials.com
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August 05, 2015, 07:43:51 AM
 #81

How much more initial stakeholder dumping... err... distribution do we have to go before the price starts going back up again?

what's with the necro & spam posts bro? you've necro'd over a dozen dead threads - how desperate are you to reach activity level for HERO .. it's pathetic dude
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August 05, 2015, 02:11:19 PM
 #82

How much more initial stakeholder dumping... err... distribution do we have to go before the price starts going back up again?

It's all in the demand, my friend. If it's any consolation, a tight-knit community with little outside adoption is the best environment for managing & implementing those hardforks needed to implement all those innovations. Just compare the implementation record of Nxt's recent hardforks with the, uh, implementation path of Bitcoin's most recent softfork.

And then compare the smoothness of the entire process from hardfork proposal to new-and-improved codebase in Nxt with the, uh, spirited discussion of any proposed hardfork in Bitcoin's codebase.

The Bitcoin conservatives have solid ground to stand on, after all. Bitcoin is embedded into the "real" economy to the point where the implementation of any hardfork - no matter how necessary - would be a logistical nightmare. From this angle, Bitcoin is a victim of its own success.

So to answer your question, retooled as "When are we finally going to see enough outside demand pressure to overwhelm the stakeholder dumping... err... distribution to finally put NXT in a solid long-term bullish trend?", I suggest the proper answer is, "not until Nxt has a stable-enough codebase to welcome in folks who prefer wallet stability."






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August 05, 2015, 02:12:34 PM
 #83

what's with the necro & spam posts bro?

He's fighting "spam" with "spam", actually. His idea was to get all those Monero threads off page 1.






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...INTRODUCING WAVES........
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Squeaker
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August 05, 2015, 03:13:04 PM
 #84

How much more initial stakeholder dumping... err... distribution do we have to go before the price starts going back up again?
{ ...snip... }

So to answer your question, retooled as "When are we finally going to see enough outside demand pressure to overwhelm the stakeholder dumping... err... distribution to finally put NXT in a solid long-term bullish trend?", I suggest the proper answer is, "not until Nxt has a stable-enough codebase to welcome in folks who prefer wallet stability."
and also when it has a more user-friendly, feature-rich client, which, while still offering a browser interface, does not depend on a browser to function.

=squeak=

g3rszpi
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August 05, 2015, 03:25:01 PM
 #85

What do you think about the AE. is it helping or destroying the NXT ecosystem?
IMO it's much more helping.
bit1
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August 05, 2015, 10:09:44 PM
 #86

Why prices so low are?
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August 05, 2015, 10:27:26 PM
 #87

Quote
Ask me anything about NXT!
Does Nxt have a race with Bitshares to see who dives faster?

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling."  Satoshi Nakamoto, April 2009          Avoiding taxes is totally legal if you consider and respect the law.
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August 06, 2015, 12:29:02 AM
 #88

How much more initial stakeholder dumping... err... distribution do we have to go before the price starts going back up again?

what's with the necro & spam posts bro? you've necro'd over a dozen dead threads - how desperate are you to reach activity level for HERO .. it's pathetic dude

Heh. Your name. Actually I was just running an experiment, and its over now, so you can un-bunch your panties.

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August 06, 2015, 12:29:55 AM
 #89

Quote
Ask me anything about NXT!
Does Nxt have a race with Bitshares to see who dives faster?

Good question! NXT is great... its just that the megadistribution is still underway.

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Zer0Sum
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August 06, 2015, 12:56:45 AM
 #90

What do you think about the AE. is it helping or destroying the NXT ecosystem?
IMO it's much more helping.

AE is the only thing that gives NXT a $10,000,000 cap.

Irregardless of whether many NXT AE Assets are bubbles or carefully planned ponzis...
They have actual value and, by definition, can be converted at any time into NXT currency.

Therefore, the value of NXT currency must be >>> value of all NXT Assets.  
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August 06, 2015, 03:57:22 AM
Last edit: August 06, 2015, 04:09:27 AM by e-coinomist
 #91

What do you think about the AE. is it helping or destroying the NXT ecosystem?
IMO it's much more helping.
AE is the only thing that gives NXT a $10,000,000 cap.

Irregardless of whether many NXT AE Assets are bubbles or carefully planned ponzis...
They have actual value and, by definition, can be converted at any time into NXT currency.

Therefore, the value of NXT currency must be >>> value of all NXT Assets.  

AE Assets are often referenced as "beeing pathetic". On Coinmarketcap's Exchanger rankings the AE continually looses ground.

So yes, the AE Assets value gets reflected on NXT exchange rate.
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August 06, 2015, 04:48:41 AM
 #92

Hey guys! 

This thread is about NXT  the cryptocurrency.   
 
Some quick links:   
Forum: http://nxtforum.org   
Download:  http://nxtclient.org/ 
Wiki:  http://wiki.nxtcrypto.org/wiki/Main_Page 
Whitepaper:  http://www.nxtcommunity.org/nxt-whitepaper 
Multigateway:  http://multigateway.org/ 

All questions are allowed, even moronic ones!

(If you want you can also ask away in the reddit thread: http://www.reddit.com/r/CryptoCurrency/comments/2dh5w6/ama_ask_me_anything_you_want_about_nxt/ )

what do you think the future holds for NXT, and its price

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August 06, 2015, 09:36:40 AM
 #93

is it possible to have NXT wallet on android?
Zer0Sum
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August 06, 2015, 01:04:31 PM
 #94

What do you think about the AE. is it helping or destroying the NXT ecosystem?
IMO it's much more helping.
AE is the only thing that gives NXT a $10,000,000 cap.

Irregardless of whether many NXT AE Assets are bubbles or carefully planned ponzis...
They have actual value and, by definition, can be converted at any time into NXT currency.

Therefore, the value of NXT currency must be >>> value of all NXT Assets.  

AE Assets are often referenced as "beeing pathetic". On Coinmarketcap's Exchanger rankings the AE continually looses ground.

So yes, the AE Assets value gets reflected on NXT exchange rate.

The AE "loses ground" and cannot develop stable, growing volume...
Because NXT ignores Frederick Hayek's prescription for thriving markets with good price discovery.

(A)
Hayek said a market MUST attract 100s or 1000s of small, active traders with differing views and agendas...
This creates a healthy market with excellent price discovery and real liquidity.

(B)

NXT is designed for whales to put up buy/sell walls and manipulate their own Assets...
In the NXT Forum this shady fakery is viewed as "liquidity" = false.

The Big Kahunas at NXT will never understand or want (A)... so I don't trade there anymore.
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August 06, 2015, 02:13:02 PM
 #95

is it possible to have NXT wallet on android?

yes search up "nxt vault" on android play store. you have to use it in combination with the online wallet effectively giving NXT a 2 factor authentication feature. more of that will be coming in the next release called "account controls".
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August 06, 2015, 02:15:46 PM
 #96

What do you think about the AE. is it helping or destroying the NXT ecosystem?
IMO it's much more helping.
AE is the only thing that gives NXT a $10,000,000 cap.

Irregardless of whether many NXT AE Assets are bubbles or carefully planned ponzis...
They have actual value and, by definition, can be converted at any time into NXT currency.

Therefore, the value of NXT currency must be >>> value of all NXT Assets.  

AE Assets are often referenced as "beeing pathetic". On Coinmarketcap's Exchanger rankings the AE continually looses ground.

So yes, the AE Assets value gets reflected on NXT exchange rate.

The AE "loses ground" and cannot develop stable, growing volume...
Because NXT ignores Frederick Hayek's prescription for thriving markets with good price discovery.

(A)
Hayek said a market MUST attract 100s or 1000s of small, active traders with differing views and agendas...
This creates a healthy market with excellent price discovery and real liquidity.

(B)

NXT is designed for whales to put up buy/sell walls and manipulate their own Assets...
In the NXT Forum this shady fakery is viewed as "liquidity" = false.

The Big Kahunas at NXT will never understand or want (A)... so I don't trade there anymore.

i think its still too early for nxt for A to happen as the "mega-distribution" is still happening. as long as devs keep pumping out code with an active community it will get things a bit more distributed due to whales dumping. its just a matter of time. AE is only a little over 1 year old, so factor that in.
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August 06, 2015, 03:08:34 PM
 #97

You have to be patient with NXT. Set low orders and wait for a whale is selling or flash crash and sell it on the next bulltrap.. These bulltrapps happen every 2-3 month before te price is going down again.

If you buy NXT and hold it for longterm you will probably lose money and daytrading is not possible without a big exchange

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August 06, 2015, 03:51:50 PM
 #98

I gotta admit, the 1 NXT fee, is what is standing in my way of trading more actively... especially with my shares that are worth <1 NXT...

=squeak=

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August 06, 2015, 06:15:34 PM
 #99

is it possible to have NXT wallet on android?

yes search up "nxt vault" on android play store. you have to use it in combination with the online wallet effectively giving NXT a 2 factor authentication feature. more of that will be coming in the next release called "account controls".
it is 5 star and.. 100 downloads.. is it legit?
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August 06, 2015, 06:44:10 PM
 #100

I gotta admit, the 1 NXT fee, is what is standing in my way of trading more actively... especially with my shares that are worth <1 NXT...

=squeak=


The Coin-O-Mat dividend system is great. It costs them 1 NXT to send me dividends of like 1.14593 NXTs; they don't seem to mind. So I actually bought more because I felt bad for them.

But now I haven't been able to check on the price for a while because my NXT database won't load. I suspect many others are undergoing the same problems and thats why the price remains so low.

Once they get a working client, it will rise up again somewhat -- at least for a while.

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.
.. PLAY NOW ..
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