Nxt and the rise to the top. | Bitcointalksearch.org

tyz

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Nice, you have digged out my old post. I guess what I wrote is more up-to-date than ever. Nxt price is still under pressure while transactions on the asset exchange are increasing.

Quote from: katafrag on November 09, 2015, 11:58:39 AM

Quote from: tyz on May 08, 2015, 12:46:27 PM

The price of NXT is going down because it is widely used for assets on the NXT asset exchange. Many asset issuers turn there raised NXT into Bitcoin because they need to pay developers which usually only accept Bitcoin. Throwing the raised NXT onto the markets creates an ongoing sell preasure.

Thats similar like the discussed thesis that the Bitcoin price must decline the more shops / sellers accept it. Shops accepting Bitcoin usually exchange them immediately into fiat money ( like Bitpay for shops standardly does ). This creates a bigger sell preasure and decreases the price.

Exactly if a lot of positive projects pay good dividends to shareholders, then BTC has to be transformed in Nxt and sold on Poloniex. Depressing the price but not reflecting the real value of Nxt as a community.

katafrag

full member

Activity: 216

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Quote from: tyz on May 08, 2015, 12:46:27 PM

The price of NXT is going down because it is widely used for assets on the NXT asset exchange. Many asset issuers turn there raised NXT into Bitcoin because they need to pay developers which usually only accept Bitcoin. Throwing the raised NXT onto the markets creates an ongoing sell preasure.

Thats similar like the discussed thesis that the Bitcoin price must decline the more shops / sellers accept it. Shops accepting Bitcoin usually exchange them immediately into fiat money ( like Bitpay for shops standardly does ). This creates a bigger sell preasure and decreases the price.

Exactly if a lot of positive projects pay good dividends to shareholders, then BTC has to be transformed in Nxt and sold on Poloniex. Depressing the price but not reflecting the real value of Nxt as a community.

gnargnar

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crypto-enthusiast since 2012

new NXT subforum! Wink

https://forum.bitcoin.com/nxt-f91/

expect a demand increase in the following hours/days. good luck everyone

rossoalb

newbie

Activity: 26

Merit: 0

Quote from: Sonny91BE on May 07, 2015, 02:21:20 PM

I have spoken to many people on forums and IRL and the ones that have heard about NXT or the ones that already invested in it say it's a great coin. After I read up a lot of info I also decided togive the platform and currency a try ! I love the platform and in my opinion it is the best out there .. Now, what it all comes down to, is that Nxt has great development , a great active community and many features that overrule a lot of other coins if you look at it. BUT, the major and primairy role why it isn't succeeding is the lack of marketing done by anyone in the community. IT's funny that people put tons of effort in features and then don't use them to the extend they are ment to be used !

So how can I boost Nxt's marketing in a efficient way so that the overall crypto public, actually gets to know the coin and sees the benefits of it like I do ?
I'm already very active on the Nxt forums.

If you'd lik to know more about Nxt and all the stuff I praise take a quick look at https://nxtforum.org/ and take a quick browse in the sections to get a broader idea.

Anyone here that feels the SAME and has something to add to this lack of marketing ?

For me, a good coin NXt

DecentralizeEconomics

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White Male Libertarian Bro

Quote from: barbierir on November 09, 2015, 03:16:03 AM

Quote from: DecentralizeEconomics on November 09, 2015, 02:20:10 AM

Quote from: barbierir on November 09, 2015, 02:18:32 AM

Quote from: DecentralizeEconomics on November 09, 2015, 12:43:24 AM

Supernet will be destroyed if it leaves NXT. If I was a SuperNet holder or holder of any of James' assets, I'd be dumping them like crazy.

It would rather be the other way around, if ever. I believe Nxt will suffer more, the api changes have impacted other projects beside SN. I'm happy to hold more assets than Nxt.

Enjoy losing all your money.

The only rational explanation is that you're trying to raise fud about SN in order to buy more assets Cheesy

SN doesn't need to rely on Nxt api in order to deliver, there are alternatives. For now I enjoy buying more cheap SN assets.

Yes... that's exactly what I'm doing... keep telling yourself that. Roll Eyes

barbierir

hero member

Activity: 515

Merit: 502

Quote from: DecentralizeEconomics on November 09, 2015, 02:20:10 AM

Quote from: barbierir on November 09, 2015, 02:18:32 AM

Quote from: DecentralizeEconomics on November 09, 2015, 12:43:24 AM

Supernet will be destroyed if it leaves NXT. If I was a SuperNet holder or holder of any of James' assets, I'd be dumping them like crazy.

It would rather be the other way around, if ever. I believe Nxt will suffer more, the api changes have impacted other projects beside SN. I'm happy to hold more assets than Nxt.

Enjoy losing all your money.

The only rational explanation is that you're trying to raise fud about SN in order to buy more assets Cheesy

SN doesn't need to rely on Nxt api in order to deliver, there are alternatives. For now I enjoy buying more cheap SN assets.

DecentralizeEconomics

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White Male Libertarian Bro

Quote from: barbierir on November 09, 2015, 02:18:32 AM

Quote from: DecentralizeEconomics on November 09, 2015, 12:43:24 AM

Supernet will be destroyed if it leaves NXT. If I was a SuperNet holder or holder of any of James' assets, I'd be dumping them like crazy.

It would rather be the other way around, if ever. I believe Nxt will suffer more, the api changes have impacted other projects beside SN. I'm happy to hold more assets than Nxt.

Enjoy losing all your money.

barbierir

hero member

Activity: 515

Merit: 502

Quote from: DecentralizeEconomics on November 09, 2015, 12:43:24 AM

Supernet will be destroyed if it leaves NXT. If I was a SuperNet holder or holder of any of James' assets, I'd be dumping them like crazy.

It would rather be the other way around, if ever. I believe Nxt will suffer more, the api changes have impacted other projects beside SN. I'm happy to hold more assets than Nxt.

DecentralizeEconomics

legendary

Activity: 1162

Merit: 1042

White Male Libertarian Bro

Quote from: tokeweed on November 08, 2015, 10:49:26 PM

Quote from: illodin on November 08, 2015, 01:13:32 PM

What's this about and what are the implications?

https://nxtforum.org/general-discussion/price-speculation/msg199646/#msg199646

Supernet dev is leaving NXT and is/was dumping 5m NXT? I'm pretty sure NXT will recover from it. Their core devs are pretty active and loyal. It's their marketing that needs work imho.

Supernet will be destroyed if it leaves NXT. If I was a SuperNet holder or holder of any of James' assets, I'd be dumping them like crazy.

tokeweed

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Life, Love and Laughter...

Quote from: illodin on November 08, 2015, 01:13:32 PM

What's this about and what are the implications?

https://nxtforum.org/general-discussion/price-speculation/msg199646/#msg199646

Supernet dev is leaving NXT and is/was dumping 5m NXT? I'm pretty sure NXT will recover from it. Their core devs are pretty active and loyal. It's their marketing that needs work imho.

danel

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Quote from: HCLivess on November 05, 2015, 05:10:36 AM

I can imagine a 200 sat

Hope not, or maybe I should sell all my NXT holdings before it happens. Undecided

illodin

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What's this about and what are the implications?

https://nxtforum.org/general-discussion/price-speculation/msg199646/#msg199646

EvilDave

hero member

Activity: 854

Merit: 1001

Yeah, it's been bugging me as well...hence the Excel rich list.

https://nxtportal.org/monitor/
Shows the active forging accounts, but a simple richlist display would also be useful.

https://www.mynxt.info/accounts?order-accounts=ascending
http://nxtreporting.com/stats.php
https://www.mofowallet.com/
All have explorer functionality, so worth checking out.

ShroomsKit_Disgrace

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Yeah! I hate ShroomsKit!

Quote from: EvilDave on November 05, 2015, 02:31:14 AM

Distribution is looking sweet as well: the last stakeholder to dump has been spreading the NXT around nicely, but she's just run out of NXT to give away.

Is there any site to check this on live? I mean, I remember back in the days there were 2 or 3 good webpages to check the distribution and top accounts. Now there is only that GoogleDocs document....

coinyoo

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★YoBit.Net★ 350+ Coins Exchange & Dice

Most whales have been sold their stake from time to time. It seems there are less whales left from the 73 early investors.

Quote from: Canaanite on November 05, 2015, 08:55:16 AM

Quote from: EvilDave on November 05, 2015, 08:42:57 AM

@Tokeweed....the current liquidity situation is a massive improvement on 6 months ago, but, yeah, more is better.

@Canaanite:
Here's a rich list from a couple of weeks ago:
https://drive.google.com/open?id=0B4OEA-peIYHXeGpmOE0wNlQyYWM

It does look better than what I remember...
How did the whales sell their NXT? did they do it through exchanges?

EvilDave

hero member

Activity: 854

Merit: 1001

There were no doubt person-to-person deals, especially in the beginning, but most went to exchanges.
We've just had one stakeholder put 50 million NXT straight onto exchanges over the last couple of months, but he/she was pretty much the last big accountholder from the original stakeholders; most current big accounts have emerged since the initial distribution: exchanges, traders and project funds.

Canaanite

sr. member

Activity: 246

Merit: 250

Quote from: EvilDave on November 05, 2015, 08:42:57 AM

@Tokeweed....the current liquidity situation is a massive improvement on 6 months ago, but, yeah, more is better.

@Canaanite:
Here's a rich list from a couple of weeks ago:
https://drive.google.com/open?id=0B4OEA-peIYHXeGpmOE0wNlQyYWM

It does look better than what I remember...
How did the whales sell their NXT? did they do it through exchanges?

EvilDave

hero member

Activity: 854

Merit: 1001

@Tokeweed....the current liquidity situation is a massive improvement on 6 months ago, but, yeah, more is better.

@Canaanite:
Here's a rich list from a couple of weeks ago:
https://drive.google.com/open?id=0B4OEA-peIYHXeGpmOE0wNlQyYWM

Canaanite

sr. member

Activity: 246

Merit: 250

Quote from: EvilDave on November 05, 2015, 02:31:14 AM

The officially accepted definition of a liquid market is one in which 1% of the coins/tokens/porkbellies are traded per day.....by that definition, NXT trading is liquid right now, with a 24 hour volume of $87,000 on a market cap that bounces from $7-9 million. Hope it stays that way.....

Distribution is looking sweet as well: the last stakeholder to dump has been spreading the NXT around nicely, but she's just run out of NXT to give away.

Where can I check the distribution of NXT?
Last time I checked (like a year ago) something like 70% of it were held by 100 accounts

HCLivess

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=== NODE IS OK! ==

I can imagine a 200 sat

Topic: Nxt and the rise to the top. (Read 13417 times)