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Topic: BlackCoin vs NXT - page 2. (Read 3730 times)

hero member
Activity: 490
Merit: 504
March 31, 2014, 08:37:32 AM
#47
Slavo invested 0.01 Btc and sold all 400k Nxt when price was 0.2 cent. It is 3 cents now. Sad story
hero member
Activity: 784
Merit: 500
March 31, 2014, 08:28:29 AM
#46
Then Bc is a Bitcoin clone!?  Or is written from scratch?
Pure POS part was writen probably from scratch we don't have any other working coin without POW disabled.

that's not true  Roll Eyes just search around  Grin

If there's no mining in NXT, how exactly did the coins get distributed? Someone mentioned that people bought them initially. So the developer made BTC off of selling his premined coins? At least ripple gave some away for free... Tongue

Both these coins seem shady. 100% POS ensures the whales get richer.

i was nxt stakeholder and i say that nxt is a total scam considering the initial repartition.

bc was more fairly distributed, only 7 days, but people had a fair time to buy it when it was cheap. i bought bc early at 2500 sat and saw it go down to 500 sat without much fear Smiley

i'm waiting for a decent nxt clone to buy in, and i have a nice stake in bc for long term.

Anyway every markets are fucked up right now due to this little chinese crisis :p so i'm buyin cheap alts 

you mean Nxt when we were buying Nxt in November for 100 Satoshi? Or in December for 400-2000 Satoshi? Now you can buy for 5000 Satoshi

i mean i was in the 71 stakeholder list

...a founder with a very cheap 500'000 NXT stake, who decided to sell early because he didn't believe in it, right?
scam is definitely the wrong word, it was an investment you used for a quick profit, nothing more nothing less...


lol profit
legendary
Activity: 1181
Merit: 1002
March 31, 2014, 07:43:07 AM
#45
Then Bc is a Bitcoin clone!?  Or is written from scratch?
Pure POS part was writen probably from scratch we don't have any other working coin without POW disabled.

that's not true  Roll Eyes just search around  Grin

If there's no mining in NXT, how exactly did the coins get distributed? Someone mentioned that people bought them initially. So the developer made BTC off of selling his premined coins? At least ripple gave some away for free... Tongue

Both these coins seem shady. 100% POS ensures the whales get richer.

i was nxt stakeholder and i say that nxt is a total scam considering the initial repartition.

bc was more fairly distributed, only 7 days, but people had a fair time to buy it when it was cheap. i bought bc early at 2500 sat and saw it go down to 500 sat without much fear Smiley

i'm waiting for a decent nxt clone to buy in, and i have a nice stake in bc for long term.

Anyway every markets are fucked up right now due to this little chinese crisis :p so i'm buyin cheap alts 

you mean Nxt when we were buying Nxt in November for 100 Satoshi? Or in December for 400-2000 Satoshi? Now you can buy for 5000 Satoshi

i mean i was in the 71 stakeholder list

...a founder with a very cheap 500'000 NXT stake, who decided to sell early because he didn't believe in it, right?
scam is definitely the wrong word, it was an investment you used for a quick profit, nothing more nothing less...
legendary
Activity: 1036
Merit: 1000
March 31, 2014, 07:10:16 AM
#44
a new chance for everyone

BC!
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
March 31, 2014, 07:09:37 AM
#43
BC is essentially just a bitcoin clone with a very fast PoW phase so now the mining has finished.  Bitcoin will be like this someday too in a long, long time.  But as far as what's under the hood, they are the same and do the same thing.  There isn't anything that BC can do that bitcoin can't do and will adapt if needs be.  

NXT on the other hand is a whole new platform, not just a coin.  Right now, it is only a coin, alias system, and messaging system (already much more than BC), but an alpha asset exchange has already been released and is being tested.  On top of that mulit-sig is being worked on.  This has already had its proof of theory tested and proved successful but is still in the very early stages.  One developer has succesfully transferred Doge into the nxt ecosystem, had it represented by NXT and then had it safely transferred back out into Doge.   This isn't easy to do at all or many people would have already done it.  (I am talking about you Mastercoin). But if/when this is fully automated and working properly it will be the killer app.  That basically means NXT will be a decentralized Mt.Gox, except it can't fail.  No trust in a third party, no more wondering if an exchange will run with your coins.  While you make an exchange, the coins are always yours.  On top of that, the fees are planned to be much lower.  Comparing any current coin and NXT is kind of silly.  Ripple could be compared but has its flaws too, and maybe in the future Ethereum, but....... Ethereum is in development and NXT is here now.      

BC is just another bitcoin twist marketed and hyped to be something really cool and special, but is really the same old thing.  


Truthfully, we don't know what exactly NXT will achieve.  Its flaw is that its original IPO didn't have that many investors.  At the same time, its IPO was open for a very long time, anybody could have joined, but 99.99% of people thought it was a scam.  People constantly harassed the developer saying he was just taking the BTC and running.  In the end, he gave the community the most interesting surprise since bitcoin, and out of nowhere.  

People said bad things about it because the IPO was so small.  But in fact, in someways that is also its strength.  A few hundred people ended up being big holders after the first few weeks, mostly big whales and nerd types.  The whales are giving out huge bounties to anybody developing the code, and the people that can actually code (not just copy and paste), are working really hard to develop it.  In this way a nice community has been built by people that won't have anything to gain unless NXT is very successful and to that end NXT is being developed quite well.  If you would like to have a look, please click here and try out a test network beta of the next nxt client.  http://nxtra.org/nxt-client/

Or install the current real client https://nxtforum.org/nrs-client-how-to-help/(nrs)-(0-8-12)-latest-nxt-client-and-english-tutorial-(2014-03-21)/  and get some free coins from a faucet here.  http://nxtra.org/faucet/

As of right now, NXT is more or less just another coin with a very green mining system and a few options.  Not actually that much different from much that is already out there, in six months from now if nobody is able to write code, it will still just be a coin with a few more options than any other coin right now, but if the developers come through, it will be far superior than anything the community has. Seriously!
hero member
Activity: 490
Merit: 504
March 31, 2014, 07:06:17 AM
#42
hero member
Activity: 784
Merit: 500
March 31, 2014, 07:04:24 AM
#41
If there's no mining in NXT, how exactly did the coins get distributed? Someone mentioned that people bought them initially. So the developer made BTC off of selling his premined coins? At least ripple gave some away for free... Tongue

Initial IPO of NXT was only 21 BTC.
PoS must be initially distributed- it lies in its nature.  The way BC did it was very smart : Proof of Work.

There's nothing shady with these. Just a lot of misunderstanding usually.

So how many people exactly received NXT in this initial IPO? probably just the dev and a close circle of his friends. This BlackCoin thing doesn't seem much better either. How long did the mining period last for? Probably only a few people got their hands on them before mining ended, which is weird as the coin is like 2 weeks old.

LiteCoin has a better distribution than both of these, and people can still mine them with GPUs. As far as I can tell, this BlackCoin only has pump-and-dump potential at the very most.

for a btc (200$) u could have had approx 40M nxt  Smiley
hero member
Activity: 784
Merit: 500
March 31, 2014, 06:53:15 AM
#40
Then Bc is a Bitcoin clone!?  Or is written from scratch?
Pure POS part was writen probably from scratch we don't have any other working coin without POW disabled.

that's not true  Roll Eyes just search around  Grin

If there's no mining in NXT, how exactly did the coins get distributed? Someone mentioned that people bought them initially. So the developer made BTC off of selling his premined coins? At least ripple gave some away for free... Tongue

Both these coins seem shady. 100% POS ensures the whales get richer.

i was nxt stakeholder and i say that nxt is a total scam considering the initial repartition.

bc was more fairly distributed, only 7 days, but people had a fair time to buy it when it was cheap. i bought bc early at 2500 sat and saw it go down to 500 sat without much fear Smiley

i'm waiting for a decent nxt clone to buy in, and i have a nice stake in bc for long term.

Anyway every markets are fucked up right now due to this little chinese crisis :p so i'm buyin cheap alts 

you mean Nxt when we were buying Nxt in November for 100 Satoshi? Or in December for 400-2000 Satoshi? Now you can buy for 5000 Satoshi

i mean i was in the 71 stakeholder list
hero member
Activity: 490
Merit: 504
March 31, 2014, 06:51:08 AM
#39
Then Bc is a Bitcoin clone!?  Or is written from scratch?
Pure POS part was writen probably from scratch we don't have any other working coin without POW disabled.

that's not true  Roll Eyes just search around  Grin

If there's no mining in NXT, how exactly did the coins get distributed? Someone mentioned that people bought them initially. So the developer made BTC off of selling his premined coins? At least ripple gave some away for free... Tongue

Both these coins seem shady. 100% POS ensures the whales get richer.

i was nxt stakeholder and i say that nxt is a total scam considering the initial repartition.

bc was more fairly distributed, only 7 days, but people had a fair time to buy it when it was cheap. i bought bc early at 2500 sat and saw it go down to 500 sat without much fear Smiley

i'm waiting for a decent nxt clone to buy in, and i have a nice stake in bc for long term.

Anyway every markets are fucked up right now due to this little chinese crisis :p so i'm buyin cheap alts 

you mean Nxt when we were buying Nxt in November for 100 Satoshi? Or in December for 400-2000 Satoshi? Now you can buy for 5000 Satoshi
hero member
Activity: 784
Merit: 500
March 31, 2014, 06:46:00 AM
#38
Then Bc is a Bitcoin clone!?  Or is written from scratch?
Pure POS part was writen probably from scratch we don't have any other working coin without POW disabled.

that's not true  Roll Eyes just search around  Grin

If there's no mining in NXT, how exactly did the coins get distributed? Someone mentioned that people bought them initially. So the developer made BTC off of selling his premined coins? At least ripple gave some away for free... Tongue

Both these coins seem shady. 100% POS ensures the whales get richer.

i was nxt stakeholder and i say that nxt is a total scam considering the initial repartition.

bc was more fairly distributed, only 7 days, but people had a fair time to buy it when it was cheap. i bought bc early at 2500 sat and saw it go down to 500 sat without much fear Smiley

i'm waiting for a decent nxt clone to buy in, and i have a nice stake in bc for long term.

Anyway every markets are fucked up right now due to this little chinese crisis :p so i'm buyin cheap alts 
legendary
Activity: 1512
Merit: 1000
March 31, 2014, 06:32:47 AM
#37
NXT isn't just a simple all POS coin. There are several other (planned or existing) functions as well. In addition NXT is a new code base, but Blackcoin is a jet another clone.
hero member
Activity: 910
Merit: 1000
March 31, 2014, 06:20:22 AM
#36
Nxt multipool, 50.000 NXT have already been mined on: http://hashrate.org

+1
hero member
Activity: 490
Merit: 504
March 31, 2014, 06:19:51 AM
#35
To my mind the most innovative thing about BC is the bcmultipool.  It's a black hole for scrypt altcoins which mines the most profitable coin, dumps it for BTC, and auto-buys BC.  It is constantly pushing up the bid for BC, and pushing down the bid for all the scrypt coins. 

One can easily understand how this could remove all the marketcap from every scrypt PoW coin, and move it into BC.  It's also a great way to mine BC indirectly, now that the PoW phase is over.


Nxt multipool, 50.000 NXT have already been mined on: http://hashrate.org
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
March 31, 2014, 05:56:39 AM
#34
Another nonsense coin compared against a complete ecosystem. Seems legit.

At least someone uses his brain... There's no point comparing the nxt ecosystem with the obsolote bitcoin clones.
BC is a bitcoin clone "basically" with minor differences like POS once all coins become mined, in the other hand, nxt is a complete new system which is open to do a great variety of things, not only asset exchange, but paralell chains, messaging, AT... take a look to how many things you can do with that and then compare it to bitcoin.
Really people don't realize about this differences?
And please, stop spreading the distribution shit... which percentage of population is a miner or is able to get bitcoins or bitcoin clones withouth buying them? The distribution is mainly between this forum members... So please, use a bit of common sense  Roll Eyes


^ So much TRUTH here ^
sr. member
Activity: 312
Merit: 254
March 31, 2014, 04:53:44 AM
#33
Another nonsense coin compared against a complete ecosystem. Seems legit.

At least someone uses his brain... There's no point comparing the nxt ecosystem with the obsolote bitcoin clones.
BC is a bitcoin clone "basically" with minor differences like POS once all coins become mined, in the other hand, nxt is a complete new system which is open to do a great variety of things, not only asset exchange, but paralell chains, messaging, AT... take a look to how many things you can do with that and then compare it to bitcoin.
Really people don't realize about this differences?
And please, stop spreading the distribution shit... which percentage of population is a miner or is able to get bitcoins or bitcoin clones withouth buying them? The distribution is mainly between this forum members... So please, use a bit of common sense  Roll Eyes
hero member
Activity: 618
Merit: 500
Go Bitcoin
March 31, 2014, 02:10:02 AM
#32
BC vs NXT?

what? sorry never heard of BC... but I heard a LOT about NXT...it will kill all these Crypto Exchanges once the NXT AE is released....
hero member
Activity: 868
Merit: 1001
https://keybase.io/masterp FREE Escrow Service
March 16, 2014, 03:30:15 PM
#31
Sure we can give it one year to draw conclusions. You can hold BlackCoin/NXT and I'll hold BTC and LTC Cheesy
sr. member
Activity: 332
Merit: 250
March 16, 2014, 03:27:34 AM
#30
Is BlackCoin a NXT Clone?
Not clone lol...

Blackcoin is 1st coin which turn of POW system after dystrybution !...
Other coins like eg Mint are still in POW/POS mix.(maybe 1 coin reward for POW block but allways).
BC transactions are in 5-15s usually. Other POS coins in reality have "POW" part and that is why they are bit slower.

Nxt was distrybuted in other way NXT was 1st POS in system
but Blackcoin was 1st coin distributed by POW system and it turned off POW and switched to pure POS.

BC is not clone NXT.
yes,but BC is clone BTC,right?
legendary
Activity: 1302
Merit: 1002
March 15, 2014, 08:53:06 PM
#29
http://maarx.nl/maarx.nl/blackcoin/distribution

I was from beginig and those top 10 places was floating 1m - 4m...
i think distribution of BC was ok.
There is no sense in ague about distribution because now eg with up coming ASIC for LTC will brake your great distribution like it is with BTC.
Only BTC farm can get some coins like that from cex.io.
Whole idea mining BTC for regular Joe was burrowed year ago.
Now only BTC farms get some BTC...
LTC was mined in 33% by gpus now with ASICs your distribution will follow BTC path...
I give LTC hmm 6-12 months and forget GPUs. That will be ASICs festival.

LTC was P&D too it took time to stabilize market. LTC price jumps 1$-50$-13$ ^^ yea P&D free during lifespan.
Give BC one year and then we can talk which distribution is better.
Today in one month of lifespown there is no sense to argue about it.

NXT is just other kind of distribution...

ASIC miners don't kill distribution. Those people investing in ASICs are spending a lot of money and taking significant risk. Some may not even see an ROI. Whereas according to you, the initial investors in this BC had 1 to 4 million coins? Bitcoin also went from $1-$1250-$600, so you're right; all of them have been pumped and dumped. But some have more staying power than others due to infrastructure, interest, exposure, etc.

"ASIC miners don't kill distribution. "
This is not about killing this is making more about making miners monopoly and centralization of minig...
Whole idea of decentralization is to keep hash-power speared around the world ASICs  unfortunately
are going to making centralization of mining. Just look at hash power distribution now and 2-3 years ago.


Whole POS system idea is totally different than POW.
Eg. with POS crashes are healthy because crash brings new people inside circle.
In POW crash kicks out weaker miners...

Is hard today compare POS/POW we need time and some analyze both systems.

Another nonsense coin compared against a complete ecosystem. Seems legit.

Give POS time to create it own.
NXT is live 3 months... BC 21 days.
After one year we can set up some conclusions.
member
Activity: 98
Merit: 10
March 15, 2014, 07:59:17 PM
#28
Another nonsense coin compared against a complete ecosystem. Seems legit.
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