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Topic: Anyone else have a feeling NXT is about to explode? (Read 9243 times)
NXT is one of those coins you always hear about. It definitely has a lot of community.
We are working on a fun project called the Free Services Exchange.
Can you add or request some free services from us?
We are working on a fun project called the Free Services Exchange.
Can you add or request some free services from us?
The only reason why NXT doesn't move is because it's under promoted, community should be doing more to get members in. We don't even have a NXT thread on Bitcointalk. Someone should make one.
Jeff Garzik said NXT is a scam and there is a probable backdoor. Proof of Beluga Caviar.
That's not working.
Looks like price climbs a bit.
Jeff Garzik said NXT is a scam and there is a probable backdoor. Proof of Beluga Caviar.
I googled for this and found that Bitcoin is a ponzi scheme and is used to buy drugs and kiddy porno. I can't imagine what awful things are done with Nxt if it's called "scam"...
PS: It's funny that googling for "Garzik Nxt" returns things like https://twitter.com/comefrombeyond/status/558281259487887360
Jeff G, (as you know, you naughty troll) was wrong on both counts.
The only reason why NXT doesn't move is because it's under promoted, community should be doing more to get members in. We don't even have a NXT thread on Bitcointalk. Someone should make one.
Jeff Garzik said NXT is a scam and there is a probable backdoor. Proof of Beluga Caviar.
Price is on a slow uptrend or waiting for jump if its gointo explode
https://www.coingecko.com/en/price_charts/nxt/btc
https://www.coingecko.com/en/price_charts/nxt/btc
The only reason why NXT doesn't move is because it's under promoted, community should be doing more to get members in. We don't even have a NXT thread on Bitcointalk. Someone should make one.
Putting this here, for other Alt-Fanboys to chime in.
Basically I'm looking at it the way Nassim Taleb does - here is a fitting comment from his facebook yesterday:
"It takes time for things to break, but they eventually break, & there should be no rush although our impulse is to think that they will collapse immediately after we become aware of the problem. Give things time... 3 to 8 years in today's complex system. By definition the fragile cannot be selfsustaining as the probability of a collapse increases with time."
So long term you can define solid bands in which currencies will stay.
Each line is a prediction of usability per currency over time. I didn't choose value (too many factors), but the two correlate.
So the line is wrong - because I'm a totally biased horrible Nxt person. The shading though is supposed to show the range of possibilities.
BTS has the highest starting point - and lots of room up - because pegged assets are super useful.
But pegs never worked before. Think of it: Is Bitshares offering something new here? That has never been done before - even if huge governments tried? No one ever thought of 2 times collateral? Somehow only blockchains suddenly allow that?
This will not break today but eventually (see Taleb above). If it does once, then BTS is toast. There risk is only on the down-side, and there is no second try.
Nxt as Swiss-army knife has less clear future. In the "heat map" I tried to show that it might go to zero - but it's less likely. Bad code messups happen, but most of them are fixable. Though nothing is guaranteed except that wiggles will happen.
On the other hand, the more features, the more synergies. If a couple of big businesses pick it up, the possibilities are huge. So we have big down- and up-sides.
(Ether falls in the same category if it delivers).
Counterparty starts out the lowest now. And for all I see, it's just very limited. It just can't try the things Nxt can - and it's already said to be only half-working.
Less features - lower risk. And maybe it will never die, but I just don't see options for thriving - Medici stole its Wall-Street cake.
Thinking of it this way: All are low value right now. So actually the downward risk is low in all of them - investing in the ones with up-sides is a good bet.
Basically I'm looking at it the way Nassim Taleb does - here is a fitting comment from his facebook yesterday:
"It takes time for things to break, but they eventually break, & there should be no rush although our impulse is to think that they will collapse immediately after we become aware of the problem. Give things time... 3 to 8 years in today's complex system. By definition the fragile cannot be selfsustaining as the probability of a collapse increases with time."
So long term you can define solid bands in which currencies will stay.
Each line is a prediction of usability per currency over time. I didn't choose value (too many factors), but the two correlate.
So the line is wrong - because I'm a totally biased horrible Nxt person. The shading though is supposed to show the range of possibilities.
BTS has the highest starting point - and lots of room up - because pegged assets are super useful.
But pegs never worked before. Think of it: Is Bitshares offering something new here? That has never been done before - even if huge governments tried? No one ever thought of 2 times collateral? Somehow only blockchains suddenly allow that?
This will not break today but eventually (see Taleb above). If it does once, then BTS is toast. There risk is only on the down-side, and there is no second try.
Nxt as Swiss-army knife has less clear future. In the "heat map" I tried to show that it might go to zero - but it's less likely. Bad code messups happen, but most of them are fixable. Though nothing is guaranteed except that wiggles will happen.
On the other hand, the more features, the more synergies. If a couple of big businesses pick it up, the possibilities are huge. So we have big down- and up-sides.
(Ether falls in the same category if it delivers).
Counterparty starts out the lowest now. And for all I see, it's just very limited. It just can't try the things Nxt can - and it's already said to be only half-working.
Less features - lower risk. And maybe it will never die, but I just don't see options for thriving - Medici stole its Wall-Street cake.
Thinking of it this way: All are low value right now. So actually the downward risk is low in all of them - investing in the ones with up-sides is a good bet.
Amazing analysis!
Putting this here, for other Alt-Fanboys to chime in.
Basically I'm looking at it the way Nassim Taleb does - here is a fitting comment from his facebook yesterday:
"It takes time for things to break, but they eventually break, & there should be no rush although our impulse is to think that they will collapse immediately after we become aware of the problem. Give things time... 3 to 8 years in today's complex system. By definition the fragile cannot be selfsustaining as the probability of a collapse increases with time."
So long term you can define solid bands in which currencies will stay.
Each line is a prediction of usability per currency over time. I didn't choose value (too many factors), but the two correlate.
So the line is wrong - because I'm a totally biased horrible Nxt person. The shading though is supposed to show the range of possibilities.
BTS has the highest starting point - and lots of room up - because pegged assets are super useful.
But pegs never worked before. Think of it: Is Bitshares offering something new here? That has never been done before - even if huge governments tried? No one ever thought of 2 times collateral? Somehow only blockchains suddenly allow that?
This will not break today but eventually (see Taleb above). If it does once, then BTS is toast. There risk is only on the down-side, and there is no second try.
Nxt as Swiss-army knife has less clear future. In the "heat map" I tried to show that it might go to zero - but it's less likely. Bad code messups happen, but most of them are fixable. Though nothing is guaranteed except that wiggles will happen.
On the other hand, the more features, the more synergies. If a couple of big businesses pick it up, the possibilities are huge. So we have big down- and up-sides.
(Ether falls in the same category if it delivers).
Counterparty starts out the lowest now. And for all I see, it's just very limited. It just can't try the things Nxt can - and it's already said to be only half-working.
Less features - lower risk. And maybe it will never die, but I just don't see options for thriving - Medici stole its Wall-Street cake.
Thinking of it this way: All are low value right now. So actually the downward risk is low in all of them - investing in the ones with up-sides is a good bet.
Basically I'm looking at it the way Nassim Taleb does - here is a fitting comment from his facebook yesterday:
"It takes time for things to break, but they eventually break, & there should be no rush although our impulse is to think that they will collapse immediately after we become aware of the problem. Give things time... 3 to 8 years in today's complex system. By definition the fragile cannot be selfsustaining as the probability of a collapse increases with time."
So long term you can define solid bands in which currencies will stay.
Each line is a prediction of usability per currency over time. I didn't choose value (too many factors), but the two correlate.
So the line is wrong - because I'm a totally biased horrible Nxt person. The shading though is supposed to show the range of possibilities.
BTS has the highest starting point - and lots of room up - because pegged assets are super useful.
But pegs never worked before. Think of it: Is Bitshares offering something new here? That has never been done before - even if huge governments tried? No one ever thought of 2 times collateral? Somehow only blockchains suddenly allow that?
This will not break today but eventually (see Taleb above). If it does once, then BTS is toast. There risk is only on the down-side, and there is no second try.
Nxt as Swiss-army knife has less clear future. In the "heat map" I tried to show that it might go to zero - but it's less likely. Bad code messups happen, but most of them are fixable. Though nothing is guaranteed except that wiggles will happen.
On the other hand, the more features, the more synergies. If a couple of big businesses pick it up, the possibilities are huge. So we have big down- and up-sides.
(Ether falls in the same category if it delivers).
Counterparty starts out the lowest now. And for all I see, it's just very limited. It just can't try the things Nxt can - and it's already said to be only half-working.
Less features - lower risk. And maybe it will never die, but I just don't see options for thriving - Medici stole its Wall-Street cake.
Thinking of it this way: All are low value right now. So actually the downward risk is low in all of them - investing in the ones with up-sides is a good bet.
At least two new Core devs have joined Nxt (Roberto, Yudi and team). That takes us to 11+ now 
https://nxtforum.org/general-discussion/(core)-dev-team-increase/
https://nxtforum.org/general-discussion/(core)-dev-team-increase/
Who is paying these guys, and how much money are they making?
Read the thread.
The devs are implementing the features needed to run their business, DeBuNe. The business, they hope, will make money.
Many guys approach Nxt, wanting to use it for thier business. Here is another who plans to be making 10,000 Txs a second, using Nxt as the backbone of their network: https://nxtforum.org/general-discussion/maximum-block-size-is-too-restrictive/
Roberto and Yudi happen to want to build in core features they need, rather use ones that already exist. And more power to them
Yeah I know people start these threads to pump their coin and yeah I do own some. But I get a feeling that NXT is about to make a moon shot. I absolutely could be wrong but its a vibe i'm getting. I think maybe people are tired of the shitcoin clones, tired of the NXT clones and wanting to get into something that is more stable and long term. Of course the asset exchange is also a factor. I think some people who are new and haven't heard the negativity about the distribution are just seeing NXT for what it is ie a highly innovative system that is at the moment unchallenged.
I personally believe it should be worth many times what it is now but I'm saying this cause my spidey senses are its gonna rocket and once it does it wont come down easily. Many times before I got this vibe before a spike up and I was right, so lets see here...
I personally believe it should be worth many times what it is now but I'm saying this cause my spidey senses are its gonna rocket and once it does it wont come down easily. Many times before I got this vibe before a spike up and I was right, so lets see here...
not at the moment, no...
Thought i should bump this thread again, since the last few months have been rather bad with crypto, i still feel NXT is even a better position than before, despite the price.
Why do you think NXT is in a better position? It's a genuine question and not a trolling, I'am genuinely interested in NXT.
Thought i should bump this thread again, since the last few months have been rather bad with crypto, i still feel NXT is even a better position than before, despite the price.
Same feeling here.
Thought i should bump this thread again, since the last few months have been rather bad with crypto, i still feel NXT is even a better position than before, despite the price.
But for those most likely are pump and dump right
Its safe to assume so knowing that _most_ coins are Pn'D coins.
So theres a lot of clone of NXT out there ?
There is... and they all started out based on the idea of riding NXT's coat-tails. That's a trend with new coins: copy the useful features of new, successful coins.
With the exception of NEM none of them have much plans for the future other than to cash out as much of that "100% premine" as possible, before everybody else figures out what's going on.
But for those most likely are pump and dump right
So theres a lot of clone of NXT out there ?
There is... and they all started out based on the idea of riding NXT's coat-tails. That's a trend with new coins: copy the useful features of successful coins.
With the exception of NEM none of them have much plans for the future other than to cash out as much of that "100% premine" as possible, before everybody else figures out what's going on.
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