[NXT] Development Discussion - The dev plan that keeps on delivering

[Hachoir]

What would be the correct price ?

[Nxtblg]

What would be the correct price ?

https://bter.com/trade/nxt_btc

That's what I use. As I write, Nxt is bumping up against 6000 satoshis. At $287 per BTC, that's ~1.7 cents per Nxt.

[celebreze32]

Big movement up today for NXT.

I think its an error on CMC

What, I thought that price was for real! You mean it's bullshit? If that's true then coinmarketcap's getting flakey.

[EvilDave]

Big movement up today for NXT.

I think its an error on CMC

What, I thought that price was for real! You mean it's bullshit? If that's true then coinmarketcap's getting flakey.

Yeah...It would be nice, but I've traced the source of the glitch to a trade on CCEDK at 21.15 (CET) where someone (idiot or pumper) forgot a zero on his buy price. Ouch.
And to make it even more confusing....CMC seems to have stopped updating at exactly that moment, so even though the price on CCEDK rapidly corrected, CMC is stuck.
Oh, well, got some nice screen shots of the Asset listings:



Anyhow, assume 6000 satoshi/NXT as the real price today, and be careful with your zeroes.......

[profitofthegods]

Big movement up today for NXT.

I think its an error on CMC

What, I thought that price was for real! You mean it's bullshit? If that's true then coinmarketcap's getting flakey.

They are very flakey. I think its because they draw in data from as many sources as possible, and if there is a problem with any of those sources it throws everything off. For example the nxt price was because one exchange with low volume was quoting a very, very high price - probably somebody did a market buy and some tiny amount, like that last 1 or 2 nxt to complete the order, was picked up way off market price, but because that was the last price someone bought at its what gets reported to CMC.

[Daedelus]

Approx 3 hours, 18 minutes before the launch of Monetary System: trustless crowd funding, secure retail vouchers and even other crypto coins possible on the Nxt platform (inclusing POW)


Countdown to Monetary System >>> http://jnxt.org/countdown/?block=330000

Wiki for Monetary System > https://wiki.nxtcrypto.org/wiki/Monetary_System

[Daedelus]

Updated feature order in OP.

[Daedelus]

Update.

https://nxtforum.org/nrs-releases/nrs-v1-4-7-1/

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 1.4.7.1

[deleted]

sha256:

[deleted]


Change log:

Always enable Monetary System menu in the UI as we are after block 330000 now.

There are no other changes from 1.4.7.


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[poncho32]

Update.

https://nxtforum.org/nrs-releases/nrs-v1-4-7-1/

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Release 1.4.7.1

[deleted]

sha256:

[deleted]


Change log:

Always enable Monetary System menu in the UI as we are after block 330000 now.

There are no other changes from 1.4.7.


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We are now at block 330034 so is the Monetary System fully operational now?

[Daedelus]

Yes, but there was a glitch in displaying the menu on the left to use MS

This update fixes it.

[poncho32]

Yes, but there was a glitch in displaying the menu on the left to use MS

This update fixes it.

Do I have to update my Nxt client to use it?

[Daedelus]

Yes, you won't be able to see 'Monetary System' on the left hand side bar without it.


Download v 1.4.7.1 above
Extract it
In the v 1.4.7 folder, copy nxt_db folder to the new version folder

(nxt_db is the blockchain folder)


Update takes 2 min, you don't have to re-downlaod the blockchain doing this. You can do this with all updates.

[Daedelus]

N.B. There are over 300 currencies and counting   Boom days for forgers

[poncho32]

N.B. There are over 300 currencies and counting   Boom days for forgers

How come there are already so many currencies? Could you create them while the Monetary System was still in beta?

[Daedelus]

N.B. There are over 300 currencies and counting   Boom days for forgers

How come there are already so many currencies? Could you create them while the Monetary System was still in beta?

No, people were waiting for block 300,000. Most at this stage will be people claiming numerous names for speculation and some for planned projects.

[Nxtblg]

N.B. There are over 300 currencies and counting   Boom days for forgers

That many...heh.

[freenxt.org]

I have squatted some, lets see if they get worth something!

[PL_CoinTrader]

Nice, more than 600 currencies issued already.

[Humanovation]

I am kind of surprised that this did nothing to improve the price ...

[DarkhorseofNxt]

I am kind of surprised that this did nothing to improve the price ...

It will slowly because every time a coin is minted, 1 Nxt is used for tx fee.