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Topic: Disturbing Similarities between Solidcoin/Microcash and NXT - page 2. (Read 5484 times)

hero member
Activity: 739
Merit: 500
Hide currencies is another way of market manipulation... The best would be to give as much information as possible and then people take their decisions...

I think the best solution would be to add the Nextcoin with a tag saying: 100% generated or 100% premined!
Or people could just read the Wiki (nxtcrypto.wikia.com), before making up their minds. (Or god forbid wait and watch a few weeks before doing that.)

hero member
Activity: 518
Merit: 503
Hide currencies is another way of market manipulation... The best would be to give as much information as possible and then people take their decisions...

I think the best solution would be to add the Nextcoin with a tag saying: 100% generated or 100% premined!
hero member
Activity: 905
Merit: 1001
wheter its a scam, 100% premine, controlled by one exchange or anything else. why give a f*** about it? if you can make money out of it by trading it then do it  Roll Eyes

btw:
- you always have to start with one exchange Cheesy once its always the first time. maybe other exchanges will follow or not.
- you were able to get in as early adopter by investing some BTC. looks like some missed it.

i am not pro or con for NXT.. just trading it and trying to make some more BTC with it. it completely irrelevant if its a scam or not. you are always able to get in or out of it.
newbie
Activity: 26
Merit: 0
OP has some points right IMO. Stakeholders control coins market value. It should go that stakeholders get loads of coin, and then distribute it through giveaways, selling, bounties and such. ATM it seems holders are just selling. I asked for my first NXT for days in their forums, so i could start to forge, after some days of waiting for 1 NXT i had to buy some to get things rolling, cause no one would give even one NXT.

That said, i DO have faith in this currency. If they get the currency spread more widely, i think it will have a bright future.
sr. member
Activity: 364
Merit: 250
Super Smash Bros. Ultimate Available Now!
I almost bought it until i digged deeper. 100% premined by the developers and in order to mine you need to buy hashing power(nxt) from the developers lol and panama hosting is off too.
sr. member
Activity: 434
Merit: 250
Staying clear of this abomination ...
sr. member
Activity: 490
Merit: 250
The only thing i can say in this regard is that people have to buy coin(s) from developers even at the first block.

That's not sounds good. coins could be distributed free between people (fair or unfair is not important if it would be free).
hero member
Activity: 739
Merit: 500
Nxt might have some interesting concepts but it is a total scam top to bottom.
Scam of the year right here.

Someone should do an analysis, I beginning to suspect that "scam" is the most used (not common) word on the forum, or getting there.

Scam implies intent. Do you really believe that Nxt was only created in the hopes for just to get people money on the sort term?
It's seems too much work for me. It's infinitely more simple to make another clone coin.

Nxt has problems. Nxt may fail. But callin the whole concept (that is much more than a simple coin, it's a whole system of features - granted, only promised at this point) a scam?

sr. member
Activity: 644
Merit: 250
Thorgrim,

Seriously... How many Nxt bashing FUD threads have you posted lately? lol

Please, stop creating these useless threads that just spread FUD.
hero member
Activity: 739
Merit: 500
I think you missed the point. When you spend money on hashing power to mine any other coin it doesn't directly enrich the existing coin holders or inflate the market cap and you can switch coins whenever you like.

In fact mining puts downward price pressure on any coin but NXT because as new coins are minted it dilutes the existing holders position unless they spend extra money to mine or buy coins from miners to maintain the same % stake in a coin. NXT is completely opposite, the holder with the most coins is always at an advantage.

Also although having a rig is a big advantage you can mine without one. You just don't receive the same returns but you can get returns. I average about 40 khash/s with the crappy 6 core processor on my rig. If I pointed that at dogecoin when it was first released I would have done OK, not great but Something. and I wouldn't have had to pay off the devs or stakeholders to do it.

It sounds like you don't have a problem with Nxt, you have a conceptual problem with all POS coins.
You're gonna have a bad time, more are coming in the future.
full member
Activity: 126
Merit: 100
so have NXT on Coinmarketcap mean the website help promote it. and if this is another MXCnow, then well....
full member
Activity: 140
Merit: 100
Nxt might have some interesting concepts but it is a total scam top to bottom.

100% premine which was sold to "stakeholders," who will now control the market. This alone should be enough to kill the coin.

1 Billion coins so even the smallest gain in price means a massive market cap. Massive market cap means it makes more news and the "stakeholders" make even more.

Scam of the year right here.

It also has some ridiculously awful flaws.
full member
Activity: 285
Merit: 100
Dig deeper.
sr. member
Activity: 336
Merit: 250
5. Dgex.com is registered in panama through a Panamanian Corporation.

MXCnow and all of Realsolids other websites are registered in Panama to a Panamanian corporation.

Registering in Panama to a Panamanian corp is proven to be a sure fire way to hide your real identity. So if you rip people off, intentionally or through incompetence, you never have to face the repercussions of the harm you have inflicted.

NEXTCOIN.org
200.35.145.179
INFOLINK PANAMA CORP
Graviton Capital Inc. Tech Administrator
[email protected]

DGEX.com
200.35.149.26
INFOLINK PANAMA CORP
Graviton Capital Inc. Tech Administrator
[email protected]

GOLDGAMELAND.com
Graviton Capital Inc. Tech Administrator
[email protected]

SPORTSVAL.com
Graviton Capital Inc. Tech Administrator
[email protected]

PONZIGAME.com
Graviton Capital Inc. Tech Administrator
[email protected]

You sure did take notice that the roots of this exchange are shady, right? Do not freak out when your deposits disappear one day, even though I don't think that necessarily is now.
hero member
Activity: 630
Merit: 500
full member
Activity: 165
Merit: 100
I don't know about other stuffs, but claiming "back by BTC" when only traded in one so-called exchange(i thought exchange should at least trade 5 -10 type of coins & transparent operation), sound scam to me.

Regards.
full member
Activity: 126
Merit: 100
Girls dont crypto?
 Shocked

I think op has a few points.
sr. member
Activity: 420
Merit: 250
I could not point on why I personally would not touch NXT... but that "100% distribution" between holders (and holders are how many 5?10? 20? people) is not sitting right with me.
So I just have not and would not go near this coin.
But it's everyone's own decision.
sr. member
Activity: 420
Merit: 250
dgex.com was not created for Nxt. It sold another coin before. So the entire premise has been pulled out of your ass.

might be it was not made for NXT only at first, currently that is the only currency it exchanges, so he has a point...
sr. member
Activity: 336
Merit: 250
dgex.com was not created for Nxt. It sold another coin before. So the entire premise has been pulled out of your ass.

OK so I made one mistake. So everything else I said isn't relevant?

It doesn't make any difference. Dgex.com only trades one coin right now so the effect is exactly the same.

You going to counter my points or nit pick on trivial issues?

It's not a trivial issue. Half of your message is based on your asumption that dgex has been specifically created for Nxt, which is not true.

But there is more nonsense in your post:

"When you mine NXT for the fee's the more coins you already own the greater the chance you have of mining success."

How is this different from Bitcoin or Litecoin? With Bitcoin if you have twice the hashrate you have twice as large chance to get a block. With Nxt if you have twice the stake you have twice as large chance to get a block.

"So it is unlike other coins where an outside miner can come in owning zero of a certain coin and start to build a decent stash just buy mining without having to spend BTC."

Bullshit. No one can mine without spending at least $800 for a decent computer. So you have to invest, just like with Nxt. You cannot mine anything with zero investment.

"NXT's biggest holders always have a mining advantage over the little guy"

Just the same as a big asic holder with 100 GH/s has a mining advantage over a guy with a single block erupter.

"and if you want greater mining success you have to buy a whole bunch of NXT enriching the stakeholders that started off with 100%."

As if you want to have greater success with Bitcoin or Litecoin you have to buy more expensive hardware. Nothing is for free. There is no such thing as a free meal.


I think you missed the point. When you spend money on hashing power to mine any other coin it doesn't directly enrich the existing coin holders or inflate the market cap and you can switch coins whenever you like.

In fact mining puts downward price pressure on any coin but NXT because as new coins are minted it dilutes the existing holders position unless they spend extra money to mine or buy coins from miners to maintain the same % stake in a coin. NXT is completely opposite, the holder with the most coins is always at an advantage.

Also although having a rig is a big advantage you can mine without one. You just don't receive the same returns but you can get returns. I average about 40 khash/s with the crappy 6 core processor on my rig. If I pointed that at dogecoin when it was first released I would have done OK, not great but Something. and I wouldn't have had to pay off the devs or stakeholders to do it.
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