Topic: Nxt and the rise to the top. - page 8. (Read 13417 times)

I know this is probably a shock to you but NO ONE even looks at the blockchain, alright? Just the parents' basement stoner jerkoffs, get it? And the people that actually code, of course.No users, adopters, people piked by the possibilities of the platform... nobody. No reason for it at all. People need only to look at the price fluctuations to see the REALITY of that particular debacle, why would anyone look at the blockchain to corroborate that, even if they were so inclined? It's utter nonsense. And you know it.

And for the "intimidating factor" well, there's insn't anything to learn on that respect by looking at the blockchain, is there? They just have to read a few posts, or the forum, or the other thread, or wikipedia, or the seemingly thousands of other sources of further intimidation... even if they were really hard on "getting to know" NXT what, as of this moment, is one of the coins that has lost more money in the last few months of all the 555 coins listed on Coinmarketcap... what would be the incentive? You may or may not know this but people goes where the money goes. And it has been MANY MONTHS since it last went NXT's way.

QAnyway, I'm done with the subject. Adding anything else would be absurdly contributing to the clutter.

Please present them, with blockchain data that is fully available to anyone, to allow our discussion to continue.

Why should I share your opinion?


(hint)

Sorry that I forgot to respond to this. Cryptsy is THE house that I know very well off that has had and still has continuous problems with NXT... as recently as 2 weeks ago with withdrawals not being possible FOR OVER A WEEK!. It is a well know fact that Cryptsy has had all kinds of problems with NXT since the very beginning and they don't seem to be even close to resolves for they continue to pop up.

I guess you were kind of counting on my not providing a straight answer (that would be a first, just for you to know). There have been others, including the one you mention too but I don't hyave first person, direct knowledge of them, therefore I don't mention them specifically. Cryptsy, being one of the biggest, I guess qualifies enough, right?

So, to put the baby to rest so to speak, IT IS INDEED A PROBLEM that a correlation clearly exists between the "success" of the platform and the decimation suffered by the price in recent months. FACT.

It is more than probable, for a huge percentage of crypto users will agree with that (and no, I don't have the specifics, but you yourself, in another thread, offer the BIGGEST corroboration of this possible), that the complexity of the coin, the wallet and the project, defined by me as the "intimidation factor", would precisely be he CAUSE you so direly are looking for FACT number one. Which, of course, were the points I wanted to hammer across in search of corrective solutions, before they were (tried to) diluted by you and other fan boys absolute nonsense in the last 2 pages of posts.

So, I would suggest that an efforts of significant proportions should be made to significantly REDUCE that complexity and to try to eliminate the "intimidation factor". I am convince such efforts could produce significantly positive results in adoption, at least inside crypto. And by that I mean going WAY BEYOND the scope of what has been done so far that, frankly, has only contributed to a clutter of "information" near impossible to sort out and, again, producing the exact opposite of the expected effect: Scaring people off rather than inform them and, through that information, making the intimidation disappear. I would even suggest something like one of two videos, as a good starting point. Perhaps a very simple FAQs section in the BTCT thread and on the Forum... NOT OPEN TO "CLARIFICATIONS" OR DEBATE, just simple, straightforward answers to common question. Perhaps also a whole thread dedicated to people who is new to the coin and (separated) the platform, in which to bring up the very basics along with the new features, again, in a simple, easy to understand BY EVERYONE, manner. I don't know, there are many actions that should be taken... first one, by a long shot, eliminating condescending post from fan boy jerkoffs with an agenda. Or, in more "civilized" terms, the solution would start only when recognition that the problem exist is achieved. In your particular case, starting by admitting that, precisely, yourself. Then -and only then- a debate, a productive one, is possible.

Not very likely, I'm afraid, if my intuition is to be trusted...

 How much would you consider significant, motor mouth? Because I was able to snatch as much as I could afford -liquidity- at the time...

as of today which exchange has the most activity for nxt?

it wasnt visibile in the 1+ day charts where i was looking (1 to 1 1/2 year timespan back).
when i checked it was just a flash crash and the candles closed again at 3,4 k.

show me how much NXT you bought, from the 1 million volume in 6 hours from 3,7 k to 2,5 then back to 3,4 k.
this is really something very marginal besides the fact that we are at nearly 4 k again

*edit
cryptsy has <5% of nxt trading volume? 

Also, if you want more people to share your opinion...

No-one denies the correlation (as I stated explicitly 2-3 posts again). Causal is very important.  Otherwise, brushing my teeth can be legitimately cited for making the sun rise solely because they are correlated. But you don't seem to want to comprehend this basic logic.


HURRAH!!!!!!   It seemed before that you were presenting your opinion as INDISPUTABLE FACTS..    


Please provide info on which trading houses are having problems with the wallet, if you can. I would like to get them some help. I haven't heard the problem you claim since Mintpal were saying they were interested in integration.

Nxt (the technology, as that is all it can be) isn't responsible for the assets that are listed on asset exchange. In the same way the internet isn't responsible for the websites that are displays on it. And cream rises to the top; look for assets with a track record and competent devs. Don't buy from new accounts promising the moon. Pretty basic stuff, no more complex than small cap stocks.

Due to the undeveloped nature of the market, I say it was much easier than small cap stocks. E.g. You have direct access to the devs/owners for queries, the histories to look through and assess are shorter, ideas are usually quite focussed and simple etc. The risk is obviously much higher but that is a feature of anonymous crypto/internet, not a specific feature of Nxt's Asset Exchange.

No, no matter how much you insist, we are and we will always be back at #1.- There's a direct correlation, causal or not, between the "success" of the platform and the decimation of the price/cap. and #2.- It is my opinion that perhaps the sheer complexity of the project, from the coin wallet (causing problems in every trading house to this day) to the barrage of "assets" (most of them of very ridiculous nature) and other features

Now try to divert from those point at your leisure. But careful with fact, like that other motor mouth above, unless you are willing to put your money where you mouth is, ok?

So you can't show a causal link, just point out the correlation?


More fact, less opinion is required. The last low was Jan 14, my mistake. So I deleted that before I posted my BRB. Just for fun, let me have a a go at a barrabbas reply...  




What absolute crap cherry picking the best possible case for your comparison! Do you think everyone is an idiot? It is FACT that Bitcoin is down ~20% from recent highs. Just mere crap that you mention it to support your complete BS diversions. Why don't you answer questions with facts? It is UNDISPUTABLE that you could back up your claims with the FACTS about transactions from the blockchain data. Why don't you do it? It is quite funny to watch you try and squirm out, it is quite funny actually. Why not repeat the same claims again? Maybe people will forget you don't apply logic.

Ok, I tried my best. But in comparison, it isn't near long enough and doesn't contain enough diversionary threads  


So... unless you believe that I make the sun rise... we're back to this:

 What does the blockexplorer have to do with any of the mentioned? The same than your preposterous "causals", totally unrelated and seeking only to disperse the real content and facts with mere crap. Just like your -again totally erroneous- mention of the recent low price of BTC which was in the low to mid 160s, only a few weeks ago, as opposed to your stated $171 (maybe you will also entertain a frindly wager, since I personally have transaction at near that level on Coinbase, how's that?). Just pure mere crap. Even to disputed something intended as an approximation (that happens to be EXCEEDED, unless BTC turn suddenly down between the time I write this and post it, it sit at MORE that 40% above recent lows, ok?).

The absurd "defense" of an obvious blind agenda, also pretends comparison with other coins, which it isn't not only irrelevant but absurd beyond description for there have been coins that have disappeared, other that have fluorised, others that have stagnated around similar levels and some others, finally, with some degree of losses, more and less than NXT, as the case might be, but that includes all kinds of outright scams, discovery of hidden instamines and a myriad of other circumstances... hardly any case in which the "success" of the project has resulted in the decimation of the cap/price.

Try again. It's quite funny to watch your efforts... although, sadly, doesn't bring the discussion any further, much less in the approximate direction of a correction of what obviously is not just not working but working for the other team.

I'll drop back later, looking forward to the blockexplorer links and some factual discussion

Do you know the difference between correlation and causation? No one would deny the price has gone down in proportion to the rise of assets. These things are correlated. You have yet to show how exactly the rise of assets has caused the decline in price. This is a very specific distinction that you seem to be unaware of.

If we accept your narrative, then it is an UNDISPUTABLE FACT That the rise of Nxt assets has also caused the decline in price of [insert other coin name that has declined in the same timeframe].

Or that I brushed my teeth this morning and the sun rose. Therefore, it is an UNDISPUTABLE FACT that brushing my teeth this morning made the sun rise. This FACT is obvious to anyone with even a minimal amount of brains in their skull, I made the sun rise.


So please post the blockchain data that shows the causation that you repeatable claim. And then show how this ties into the top 50/70 accounts and how the forging revenue has any relevance to business start ups and success. We can then discuss this data, rather than continue to re-read your unvarnished opinion.


Edit: Nxt has the option of blockchain pruning (on testnet) to deal with bloat. As long as the fee is paid, the data bloat people paid for will stay hosted.

Several things: No, I define the "rich as the top 70 or so holders of the coin. Clear enough, I hope. You can lower the figure even to the top 50, ok?

Blockchain bloating is as of now still unresolved concern of every altcoin, not just NXT so no, it isn't a "good" thing at all (it slows the transactions, you know, a no-no in crypto if it ever is to reach any level of real world adoption.

Now, the UNDENIABLE correlation between the growth in features and "assets" of the NXT platform with the decimation -you can use the adjective of your personal preference here- of the price (market cap) would indicate to anyone with even a minimal amount of brains in their skull that something WRONG is definitely going on for the opposite, if anything, is to be expected, right? In the present as well as the (near) future -ad you MUST know that the markets always trade the future-. Maybe, as you kind of point out, the "fee IS set too low". I don't know. What I know is the obvious correlation that, by extension, clearly indicates that the bigger the "success", this kind of "success" anyway, the lower the price/market cap. And that bis worrysome and definitely worth debating in order to determine corrective action.

Once again, the excuse that it is a slump in crypto doesn't fly: BTC itself sit at roughly a 40% gain from recent lows in similar period of time as the decimation of NXT cap/price. And many other established coin projects have also significantly increased in that period also. So if you are looking for solutions, instead of serving agendas by denying the obvious FACTS, you better get to the nitty gritty of why this apparent discordance is indeed happening and, more importantly, thinking ways to turn the ship around. Because it is going in all the wrong directions as of recent months.

Sorry for the delay, I don't have as much time to spend on here.

Could explain your logic here pls? You say existing businesses provide no wealth (for ease, we'll assume correct). So you argue it follows that no future businesses can provide wealth? Logically, the more businesses there are the more chance of one of them 'clicking, no? You mentioned bloating but that isn't logical as the bloat (transactions) will each have a transaction fee associated. Provided the fee isn't set too low, 'bloat' is good.

Could you post the blockchain data that has led you to think this pls? And presumably you define 'the richest' as anyone who holds more than 1M NXT?

And, like in all you say, there's simply BS. I myself purchased coins at 2,6k 24 hours ago -and it went down to 2,5k-. But keep bulshitting and guessing, it is ridiculous but somewhat funn y... Remember: Last night, 24 hours ago, lowest price 2,5k. Cryptsy (for some nice wager I'll show you my own transaction at 2,6..., deal? Or just the usual bull crap?)

Edit to add: It is Bull crap as usual, right?