Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 196. (Read 941285 times)
Buying larger amounts of nxt for divs could be done by http://www.liquidtech.info/ondemand. Never tried it though
Well.....yes, Nxt Asset Exchange is kind of biased towards using NXT as its default currency, but with a bit of imagination you should be able to figure out a method to pay out Nxt-based dividends in BTC or anything else you can think of.
Thinking out loud:
Multigateway has possibilities, maybe Shapeshift or Coinomat
give you a lot of possibilities for automating NXT<>whatever conversion.
The only real issue I can see with paying out dividends in BTC (or whatever) is that the asset issuer will need to have BTC/whatever addresses of the asset holders to make a dividend payout.
This could make buying into the asset slightly more complex, ie the asset buyer will have to send a BTC/whatever address to the issuer (via Nxt messaging
) in order to recieve dividend payouts.
For the rest: yeah, shouldn't be a problem if you can find someone to code up an automated payout process.
If you really want to do this......ask on the NXTforum:
https://nxtforum.org/asset-exchange-general/
Having said all that, NXT liquidity is reasonable right now, with 24 hour trading round the $50,000 mark, so being paid out in NXT isn't all that bad...
Thinking out loud:
Multigateway has possibilities, maybe Shapeshift or Coinomat
give you a lot of possibilities for automating NXT<>whatever conversion.
The only real issue I can see with paying out dividends in BTC (or whatever) is that the asset issuer will need to have BTC/whatever addresses of the asset holders to make a dividend payout.
This could make buying into the asset slightly more complex, ie the asset buyer will have to send a BTC/whatever address to the issuer (via Nxt messaging
) in order to recieve dividend payouts.For the rest: yeah, shouldn't be a problem if you can find someone to code up an automated payout process.
If you really want to do this......ask on the NXTforum:
https://nxtforum.org/asset-exchange-general/
Having said all that, NXT liquidity is reasonable right now, with 24 hour trading round the $50,000 mark, so being paid out in NXT isn't all that bad...
Thanks for answering.
Yes, i think it would not be good having to ask for a bitcoin address. NXT would then have the advantage of allowing trades of shares but the disadvantage of having to handle new owners manually. It would make paying out divs a bit easier than having to handle direct shares only.
Hm... liquidity is high enough you say? Ill see how the issuer sees it. Though... its not bitcoin anymore. :/
When issueing a security on nxt marketplace, is it true that the issuer has to pay all dividends in nxt? That sounds like a problem since if an issuer made a couple thousands of profit in USD, then he would have to exchange it to a cryptocurrency in order to pay out divs. If he would be able to use bitcoin then he would have no trouble. He could turn the value into bitcoins pretty fast. Though with nxt i guess the orderbooks and trades arent so big that it wouldnt mean to either wait a long time until you exchanged or to lose some of your fiat when exchanging.
Cant you simply pay out divs in btc?
Cant you simply pay out divs in btc?
you can pay dividends as an asset token. For example mgwBTC which can be withdrawn for BTC automatically.
Are these tokens backed up for sure? The backup cant be proven, right? So lets say the issuer buys bitcoins at his exchange, then pays those coins to mgwbtc and gets token for it. Then the issuer can spread them as dividends and the shareholders then can get bitcoins for sure? Or is there a risk the token owner runs with the bitcoins? That would not make sense using them otherwise.
Its called multigateway and the backing is 100%. Its a multisignature setup managed by superNET. You can find out more here: https://multigateway.org/
Well.....yes, Nxt Asset Exchange is kind of biased towards using NXT as its default currency, but with a bit of imagination you should be able to figure out a method to pay out Nxt-based dividends in BTC or anything else you can think of.
Thinking out loud:
Multigateway has possibilities, maybe Shapeshift or Coinomat
give you a lot of possibilities for automating NXT<>whatever conversion.
The only real issue I can see with paying out dividends in BTC (or whatever) is that the asset issuer will need to have BTC/whatever addresses of the asset holders to make a dividend payout.
This could make buying into the asset slightly more complex, ie the asset buyer will have to send a BTC/whatever address to the issuer (via Nxt messaging) in order to recieve dividend payouts.
For the rest: yeah, shouldn't be a problem if you can find someone to code up an automated payout process.
If you really want to do this......ask on the NXTforum:
https://nxtforum.org/asset-exchange-general/
Having said all that, NXT liquidity is reasonable right now, with 24 hour trading round the $50,000 mark, so being paid out in NXT isn't all that bad...
Thinking out loud:
Multigateway has possibilities, maybe Shapeshift or Coinomat
give you a lot of possibilities for automating NXT<>whatever conversion.
The only real issue I can see with paying out dividends in BTC (or whatever) is that the asset issuer will need to have BTC/whatever addresses of the asset holders to make a dividend payout.
This could make buying into the asset slightly more complex, ie the asset buyer will have to send a BTC/whatever address to the issuer (via Nxt messaging
) in order to recieve dividend payouts.For the rest: yeah, shouldn't be a problem if you can find someone to code up an automated payout process.
If you really want to do this......ask on the NXTforum:
https://nxtforum.org/asset-exchange-general/
Having said all that, NXT liquidity is reasonable right now, with 24 hour trading round the $50,000 mark, so being paid out in NXT isn't all that bad...
Thanks for answering.
Yes, i think it would not be good having to ask for a bitcoin address. NXT would then have the advantage of allowing trades of shares but the disadvantage of having to handle new owners manually. It would make paying out divs a bit easier than having to handle direct shares only.
Hm... liquidity is high enough you say? Ill see how the issuer sees it. Though... its not bitcoin anymore. :/
When issueing a security on nxt marketplace, is it true that the issuer has to pay all dividends in nxt? That sounds like a problem since if an issuer made a couple thousands of profit in USD, then he would have to exchange it to a cryptocurrency in order to pay out divs. If he would be able to use bitcoin then he would have no trouble. He could turn the value into bitcoins pretty fast. Though with nxt i guess the orderbooks and trades arent so big that it wouldnt mean to either wait a long time until you exchanged or to lose some of your fiat when exchanging.
Cant you simply pay out divs in btc?
Cant you simply pay out divs in btc?
you can pay dividends as an asset token. For example mgwBTC which can be withdrawn for BTC automatically.
Are these tokens backed up for sure? The backup cant be proven, right? So lets say the issuer buys bitcoins at his exchange, then pays those coins to mgwbtc and gets token for it. Then the issuer can spread them as dividends and the shareholders then can get bitcoins for sure? Or is there a risk the token owner runs with the bitcoins? That would not make sense using them otherwise.
When issueing a security on nxt marketplace, is it true that the issuer has to pay all dividends in nxt? That sounds like a problem since if an issuer made a couple thousands of profit in USD, then he would have to exchange it to a cryptocurrency in order to pay out divs. If he would be able to use bitcoin then he would have no trouble. He could turn the value into bitcoins pretty fast. Though with nxt i guess the orderbooks and trades arent so big that it wouldnt mean to either wait a long time until you exchanged or to lose some of your fiat when exchanging.
Cant you simply pay out divs in btc?
Cant you simply pay out divs in btc?
you can pay dividends as an asset token. For example mgwBTC which can be withdrawn for BTC automatically.
Well.....yes, Nxt Asset Exchange is kind of biased towards using NXT as its default currency, but with a bit of imagination you should be able to figure out a method to pay out Nxt-based dividends in BTC or anything else you can think of.
Thinking out loud:
Multigateway has possibilities, maybe Shapeshift or Coinomat
give you a lot of possibilities for automating NXT<>whatever conversion.
The only real issue I can see with paying out dividends in BTC (or whatever) is that the asset issuer will need to have BTC/whatever addresses of the asset holders to make a dividend payout.
This could make buying into the asset slightly more complex, ie the asset buyer will have to send a BTC/whatever address to the issuer (via Nxt messaging) in order to recieve dividend payouts.
For the rest: yeah, shouldn't be a problem if you can find someone to code up an automated payout process.
If you really want to do this......ask on the NXTforum:
https://nxtforum.org/asset-exchange-general/
Having said all that, NXT liquidity is reasonable right now, with 24 hour trading round the $50,000 mark, so being paid out in NXT isn't all that bad...
Thinking out loud:
Multigateway has possibilities, maybe Shapeshift or Coinomat
give you a lot of possibilities for automating NXT<>whatever conversion.
The only real issue I can see with paying out dividends in BTC (or whatever) is that the asset issuer will need to have BTC/whatever addresses of the asset holders to make a dividend payout.
This could make buying into the asset slightly more complex, ie the asset buyer will have to send a BTC/whatever address to the issuer (via Nxt messaging
) in order to recieve dividend payouts.For the rest: yeah, shouldn't be a problem if you can find someone to code up an automated payout process.
If you really want to do this......ask on the NXTforum:
https://nxtforum.org/asset-exchange-general/
Having said all that, NXT liquidity is reasonable right now, with 24 hour trading round the $50,000 mark, so being paid out in NXT isn't all that bad...
When issueing a security on nxt marketplace, is it true that the issuer has to pay all dividends in nxt? That sounds like a problem since if an issuer made a couple thousands of profit in USD, then he would have to exchange it to a cryptocurrency in order to pay out divs. If he would be able to use bitcoin then he would have no trouble. He could turn the value into bitcoins pretty fast. Though with nxt i guess the orderbooks and trades arent so big that it wouldnt mean to either wait a long time until you exchanged or to lose some of your fiat when exchanging.
Cant you simply pay out divs in btc?
Cant you simply pay out divs in btc?
Will I receive dividends from my holdings on secureae.com?
If asset is paying dividend, yes. secureae is only a wrap around the Nxt software.
Will I receive dividends from my holdings on secureae.com?
"Crypto 2.0 Musings - Simple Attestations" by Alex Batlin (Applied Innovation, Tech Research and Crypto 2.0 Lead at UBS)
https://www.linkedin.com/pulse/crypto-musings-simple-attestations-alex-batlin
https://www.linkedin.com/pulse/crypto-musings-simple-attestations-alex-batlin
looks like next coin is over
NxT deaded, it was scam from beginning.
I remember reading something about how an independent coin could be brought onto the NXT network, I don't remember if this was in the plans, in the works, or something that already exists, I have a coin that would be interested in that. what is the status on that please?
It does already exist!Its called the NXT Monetary System (ME)!
No technical info in that thread, but maybe some people that know how to implement such a plan.
Also some comments on the idea here: https://nxtforum.org/general-discussion/launching-1-4/msg143296/#msg143296 and here https://nxtforum.org/monetary-system/will-there-be-a-mechanism-to-bring-existing-currencies-into-ms/
What do you guys think ?
https://nxtforum.org/monetary-system/will-there-be-a-mechanism-to-bring-existing-currencies-into-ms/msg185032/#msg185032
The price has been risen by almost 25% in 24hrs
Has there been released a new killer feature ?It's just some Chinese on BTC38 pumping alts
Yeah i wouldnt buy any coin right now there will be another dip just like the other week.
Good time to dump on the waves and buy back cheap though.
The price has been risen by almost 25% in 24hrs
Has there been released a new killer feature ?It's just some Chinese on BTC38 pumping alts
Thanks Kushti!
First part of Phasing Transactions doc is out in the form of the blogpost: http://chepurnoy.org/blog/2015/06/phasing-transactions-in-nxt-part-1-introduction-phasing-safety/
great feature, thx kushti.
The price has been risen by almost 25% in 24hrs Has there been released a new killer feature ?
Has there been released a new killer feature ? 
Hello! I would like to introduce dedicated NXT pairing at C-CEX.com exchange.
You are welcome to trade any coin we have (140+) to NXT!
NXT pairing entry point is here:
https://c-cex.com/?lpm=nxt&p=nxt-btc
Thanks guys, still working, you are #1 You are welcome to trade any coin we have (140+) to NXT!
NXT pairing entry point is here:
https://c-cex.com/?lpm=nxt&p=nxt-btc
First part of Phasing Transactions doc is out in the form of the blogpost: http://chepurnoy.org/blog/2015/06/phasing-transactions-in-nxt-part-1-introduction-phasing-safety/
Thanks Kushti, great work.
First part of Phasing Transactions doc is out in the form of the blogpost: http://chepurnoy.org/blog/2015/06/phasing-transactions-in-nxt-part-1-introduction-phasing-safety/
I remember reading something about how an independent coin could be brought onto the NXT network, I don't remember if this was in the plans, in the works, or something that already exists, I have a coin that would be interested in that. what is the status on that please?
It does already exist!
Its called the NXT Monetary System (ME)!
I'm not sure if you are joking or serious but, I know ME is for new coin production, but I'm referring to an existing coin with it's own blockchain being brought over to the NXT system, would that be via the ME, if so how would that logistically occur?
They were talking (jokingly) about rescuing LTC by bringing it over to Monetary System (MS) here: https://nxtforum.org/general-discussion/ltc-is-about-to-disintegrate-we-need-to-reach-out-and-wint-them-over-to-nxt/
No technical info in that thread, but maybe some people that know how to implement such a plan.
Also some comments on the idea here: https://nxtforum.org/general-discussion/launching-1-4/msg143296/#msg143296 and here https://nxtforum.org/monetary-system/will-there-be-a-mechanism-to-bring-existing-currencies-into-ms/
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