Oh god, actually there are some donors with way more than the initial 4 million. Apparently five donors who made a bigger BTC contribution received 50 MILLION Nxt, are you kidding me Nxt zombies!?!??!! Where is the future value when these people own literally 1000's of BTC worth of Nxt. As soon as the price starts to rally up, guess who will be pooping all over you? Will you still chant your rhetoric that Nxt donors deserve thousands of BTC for their single figure BTC donation. LOL.
Get me the hell away from this scam. eMunie looks like a much safer bet. At least there is a proper economic model tied to it and it isn't written in java... Let alone the amount of work that has gone into it.
Topic: I'm dumping Nxt and here's why you should too - page 16. (Read 21303 times)
I'm out of NXT also.
I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.
The coin is way over valued at this point in time, even at .000058.
The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.
I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.
Does anyone else think Emunie is a good place to invest your money?
I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.
The coin is way over valued at this point in time, even at .000058.
The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.
I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.
Does anyone else think Emunie is a good place to invest your money?
I'm also out, having enjoyed a 20x gain as well. I figured the source code release would cause a dip. The only thing a code release will do is unleash FUD in the short term. NXT long term is anyone's guess. My hunch is it won't go too far. Not only are you fighting the usual anti crypto people but you're fighting Bitcoin for marketshare as well. The name of the game with the alts is get in low, get out high, and move on to the next one. Just my 2 satoshis.
I think it was more so the DGEX issues that caused the drop, not the code release. But yes, FUD has been rampant as well.
eMunie eh? LOLz
Pegged currency, good luck with that!
Pegged currency, good luck with that!
I'm out of NXT also.
I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.
The coin is way over valued at this point in time, even at .000058.
The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.
I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.
Does anyone else think Emunie is a good place to invest your money?
I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.
The coin is way over valued at this point in time, even at .000058.
The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.
I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.
Does anyone else think Emunie is a good place to invest your money?
I'm also out, having enjoyed a 20x gain as well. I figured the source code release would cause a dip. The only thing a code release will do is unleash FUD in the short term. NXT long term is anyone's guess. My hunch is it won't go too far. Not only are you fighting the usual anti crypto people but you're fighting Bitcoin for marketshare as well. The name of the game with the alts is get in low, get out high, and move on to the next one. Just my 2 satoshis.
Exactly.
The NXT coin is Emunie LOL. Fair distribution, going to have everybody buying in at the same time, who will sell at a loss? No downside risk.
You outsmarted me with knowing the code release would cause a drop. I thought it would at least cause a short term spike.
Anyway, those bastards at NXT got me because they decided not to sell below .00009, causing me to buy in at that point while I was waiting for it to fall below .00005. I wanted to buy in before the code release, and was waiting for it to fall even below .00005, until those stake holders decided not to sell below .00009 causing a quick rise in price.
Guys, avoid NXT or you will learn your lesson also.
I'm out of NXT also.
I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.
The coin is way over valued at this point in time, even at .000058.
The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.
I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.
Does anyone else think Emunie is a good place to invest your money?
I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.
The coin is way over valued at this point in time, even at .000058.
The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.
I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.
Does anyone else think Emunie is a good place to invest your money?
I'm also out, having enjoyed a 20x gain as well. I figured the source code release would cause a dip. The only thing a code release will do is unleash FUD in the short term. NXT long term is anyone's guess. My hunch is it won't go too far. Not only are you fighting the usual anti crypto people but you're fighting Bitcoin for marketshare as well. The name of the game with the alts is get in low, get out high, and move on to the next one. Just my 2 satoshis.
I'm out of NXT also.
I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.
The coin is way over valued at this point in time, even at .000058.
The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.
I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.
Does anyone else think Emunie is a good place to invest your money?
I was smart enough to cash out everything at .00013, making over 20x my original purchase at .00000550. Although I lost some of it buying back in at .00009 thinking it would go back up after the source code release. So I lost a little bit selling out at .00007.
The coin is way over valued at this point in time, even at .000058.
The other thing is I am going to invest the money in Emunie, which is a 2nd generation coin and will have a fair distribution by having a pre-buy where everyone can buy in equally.
I would feel better investing my money in a coin where everyone bought in at the same price. Why invest in NXT, when you have major stake holders holding all the coins.
Does anyone else think Emunie is a good place to invest your money?
Which is exactly my point. This coin will never move up in value as the huge bagholders will constantly be cleaning up.
The price will never move because any kind of rally will be providing the demand needed to cash out.
I'm not an initial founder, but 3 weeks ago I bought some NXT for 0.000005 as the ideas behind it struck me as brilliant, and now I'm sitting on a 10x value increase.
People said the same then. How is your thread not just speculation?
It's the features that NXT has to offer that will drive up the demand and thus the price. If you believe it or not, the client code will be cleaned up, a simpler client will come out, more innovative features will be added, what do you think will happen to the price?
So you're saying it could go to 0.0005? With 70+ KNOWN people that have 4,000,000 Nxt they would have a chance to cash out for 1995 BTC making them millionaires. No this is the LIMIT. Think about how many people will be jumping over each other to sell off and become millionaires. There is a reason why the price could not hold .0001 .
Did you even read the OP? Do the calculations next time.
It's easy to spot the NXT holders in this thread.
Are you too afraid to be bag holders? if you are so sure about the future of NXT just ignore the so called "trolls"
Are you too afraid to be bag holders? if you are so sure about the future of NXT just ignore the so called "trolls"
I dumped mine, not because I was mad at those mean greedy 'ole early adopters who risked BTC when no when else would and now have the gall to not just hand their coins out (sarcasm in case you couldn't tell) but because the source code was finally released and word is it is a mess.
I must provide a bit of a correction as I have been following the code review thread and your statement about the source code being a mess does not hold water. The fact of the matter is the code that was released on the 3rd had 3 purposely placed security flaws placed in it and the individuals to find them will receive a bounty. As of last night, when I last viewed the thread, not one flaw had been discovered yet, and like I said, there are 3 there on purpose.
We're talking 3 flaws on purpose (bugs are a completely different thing and are unavoidable in coding - right Microsoft? lol) and experienced developers are having trouble finding them.
Now, if we are discussing how the code looks, that is completely irrelevant as now you are getting into a discussion of form before function and vice versa. I take function over form any day. Trust me, I have fired the best code // commenters in the world.
Here's a simple fact, BCNext managed to do what Bitcoin Network does with approx. 4,000 (out of 6,800) lines of java. Brilliant.
Nxt Source Code Flaw Reports
https://bitcointalksearch.org/topic/nxt-source-code-flaw-reports-397183
Nxt Source Code Analysis
https://bitcointalksearch.org/topic/nxt-source-code-analysis-qa-397214
This is the best I can do regarding the question, https://bitcointalksearch.org/topic/12222-lines-of-code-289807
bitcoin-0.1.0 - 12,222 lines
nxt - 4,000 lines
x3 more efficient hmmm...
NXT @3000USD?
lol at this when i see people jumping on any new NXT copycats, sending BTC like crazy to be among the first holders.
The most probable way to end up scammed at the moment. I could bet on none of those altcoins ever come into existence.
It is one thing to have geniuine developer with not so good idea for IPO and it is another thing to be nothing but scammer,
which is what all those new "developers" are most likely, stealing money from greedy and dumb with "Next of Next" deals.
I dumped mine, not because I was mad at those mean greedy 'ole early adopters who risked BTC when no when else would and now have the gall to not just hand their coins out (sarcasm in case you couldn't tell) but because the source code was finally released and word is it is a mess.
I must provide a bit of a correction as I have been following the code review thread and your statement about the source code being a mess does not hold water. The fact of the matter is the code that was released on the 3rd had 3 purposely placed security flaws placed in it and the individuals to find them will receive a bounty. As of last night, when I last viewed the thread, not one flaw had been discovered yet, and like I said, there are 3 there on purpose.
We're talking 3 flaws on purpose (bugs are a completely different thing and are unavoidable in coding - right Microsoft? lol) and experienced developers are having trouble finding them.
Now, if we are discussing how the code looks, that is completely irrelevant as now you are getting into a discussion of form before function and vice versa. I take function over form any day. Trust me, I have fired the best code // commenters in the world.
Here's a simple fact, BCNext managed to do what Bitcoin Network does with approx. 4,000 (out of 6,800) lines of java. Brilliant.
Nxt Source Code Flaw Reports
https://bitcointalksearch.org/topic/nxt-source-code-flaw-reports-397183
Nxt Source Code Analysis
https://bitcointalksearch.org/topic/nxt-source-code-analysis-qa-397214
This is the best I can do regarding the question, https://bitcointalksearch.org/topic/12222-lines-of-code-289807
OP gives worst advice ever, you steal from people by giving this sort of advice.
The problem is you don't see a full picture.. if the 'donors' could dump all coins at once, they couldn't cuz there would not be enough demand for NXT on exchange. So what is happening now is steady decrease of their stash to newcomers.. which gives you the distribution. If you only look for profit, probably this coin is not for you since it bets on feature richness. Who understands the potential behind those features will win in the end.
I agree. I have invested a lot into aliases. That feature alone is absolutely fantastic and might make me way more rich than any
of big stakeholders will ever be (asuming they did not invested in aliases, at least not in "killer" ones). NXT is Bitcoin + DotCom
thing in one package. Double bubble? Maybe, but definitely interesting to be a part of the deal, for very cheap (alias registration
costs a mere 1 NXT, a bargain).
I'm no longer looking at and whinning (much) about richess early adopters got with NXT or something else. It is counterproductive.
Either wait for the next train or get the most out of the ones currently running.
I dumped mine, not because I was mad at those mean greedy 'ole early adopters who risked BTC when no when else would and now have the gall to not just hand their coins out (sarcasm in case you couldn't tell) but because the source code was finally released and word is it is a mess.
I must provide a bit of a correction as I have been following the code review thread and your statement about the source code being a mess does not hold water. The fact of the matter is the code that was released on the 3rd had 3 purposely placed security flaws placed in it and the individuals to find them will receive a bounty. As of last night, when I last viewed the thread, not one flaw had been discovered yet, and like I said, there are 3 there on purpose.
We're talking 3 flaws on purpose (bugs are a completely different thing and are unavoidable in coding - right Microsoft? lol) and experienced developers are having trouble finding them.
Now, if we are discussing how the code looks, that is completely irrelevant as now you are getting into a discussion of form before function and vice versa. I take function over form any day. Trust me, I have fired the best code // commenters in the world.
Here's a simple fact, BCNext managed to do what Bitcoin Network does with approx. 4,000 (out of 6,800) lines of java. Brilliant.
Nxt Source Code Flaw Reports
https://bitcointalksearch.org/topic/nxt-source-code-flaw-reports-397183
Nxt Source Code Analysis
https://bitcointalksearch.org/topic/nxt-source-code-analysis-qa-397214
the op just want prices to go down to buy haha
You're an idiot for buying in the first place then, nothing has changed.
The only people selling are those stakeholders, providing supply to the market - everyone can see that NXT (and POS) is the future of cryptos. Please do sell so I can pick some up cheaply! Also, everyone had an opportunity to get involved at the beginning. Unfortunately I didn't, so am now having to pay a premium.
The only people selling are those stakeholders, providing supply to the market - everyone can see that NXT (and POS) is the future of cryptos. Please do sell so I can pick some up cheaply! Also, everyone had an opportunity to get involved at the beginning. Unfortunately I didn't, so am now having to pay a premium.
Lol have fun lining the pockets of the few who did donate. Nxt will NEVER bring you any decent profit when .001 means 3999 BTC for 70+ people. Keep up the optimism and ignoring obvious signs of a financial failure. Good way to lose money. Bravo!
I donated 0.05BTC when BCNext started, and when it released made over 20BTC the first day. I regret not holding now...
When people start making these 'it's time to get out' threads it usually means a good buying opportunity.
NXT has a huge community compared to other coins, it's worth seeing how it all plays out. If you invested more than you feel comfortable with, then sure, it may be a good idea to sell.
NXT has a huge community compared to other coins, it's worth seeing how it all plays out. If you invested more than you feel comfortable with, then sure, it may be a good idea to sell.
Which is exactly my point. This coin will never move up in value as the huge bagholders will constantly be cleaning up.
The price will never move because any kind of rally will be providing the demand needed to cash out.
I'm not an initial founder, but 3 weeks ago I bought some NXT for 0.000005 as the ideas behind it struck me as brilliant, and now I'm sitting on a 10x value increase.
People said the same then. How is your thread not just speculation?
It's the features that NXT has to offer that will drive up the demand and thus the price. If you believe it or not, the client code will be cleaned up, a simpler client will come out, more innovative features will be added, what do you think will happen to the price?
Has anyone produced data charting the distribution of NXT over time?
It would be nice to have a better picture of the impact that its launch and daily trading has had on distribution.
It would be nice to have a better picture of the impact that its launch and daily trading has had on distribution.
a lot of folks have found a lot of other bugs that were in it outside of the fictitious bugs they claim to have 'injected'.
In fact there are several serious bugs that were indentified that can pontentially kill the coin. The biggest one is the lack of use of a databse to hold the block chain.
In fact there are several serious bugs that were indentified that can pontentially kill the coin. The biggest one is the lack of use of a databse to hold the block chain.
Source please?
Jump to: