Author

Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 321. (Read 941287 times)

member
Activity: 84
Merit: 10
Crypto is the Future!
Crypto Analytics has reiterated its BUY rating on NXT


http://cryptoanalytics.trade/nxt/
@CryptoAnalytic
sr. member
Activity: 365
Merit: 251
Quote
My "personal" judgement is NXT is a get rich quick scam through a promise of exponentially growing appreciation of value for the coin. A "new generation" pump and dump scam coin if you might say so.

There is absolutely no need to start a new one when even the "future" planned features would work for Bitcoin existing chain (Except the DNS [expiring] entries),

For any NXT developer reading this. For god sake if that is the case name your price and start a crowdfunding time frame. Make the feature and give it to the Bitcoin community. Get your money and move on. Here you got the money and you made the feature, WITHOUT REINVENTING THE WHEEL

Stop the bullshit hypocrisy or your NXT guys will look like fools. If any of your alt. coin developers want my btc, you are better working for it. Innovation is good, competition is good but claiming you are the one chain and others re-inventing the wheel is the most idiotic.
Changing the quoted words to refer to Nxt doesn't work, because Nxt is too different to Bitcoin, both in philosophy and in implementation, for them to apply, and the Bitcoin community is too conservative. Bitcoin does not want a multitude of different transaction types. It doesn't want Proof of Stake - it's still happy with Proof of Work. It's not even interesting in fixing long-standing flaws like transaction mutability, or failure to relay double-spend attempts. All the development work is being done outside of the core, on wallets and suchlike, and that's how the community wants it. There's no way Nxt ideas would ever be accepted by Bitcoin. It had to be a new block-chain.

Where-as Nxt is pretty open to new features. It has an architecture that can cope with them. So there's much less reason to fork Nxt or start a rival to it.
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
Thks guys, NXT is really impressive.

It's tough having to wade through all the naysayers and scammongers.

Even if NXT is has some flaws or bad press, I don't see any reason to heavily support Litecoin or any clone at this point.

Tai Zen at Leon Fu at Prison Or Freedom really did good a job explaining how NXT is 2.0 tech.

While Ethereum sounds ambitious, devphp is right, all the other 2.0 coins haven't crawled or even been born yet.

NXT is here and its already supporting an asset exchange with significant volume and market caps.

Yes, we should work together to create a very good crypto for all people.
hero member
Activity: 980
Merit: 1001
As I received a private invitation to the NRM project core discussion I decided to actually read what this coin is all about:

NOTHING
[/b]

I would love seeing the "DNS" system where the URI entries actually expire eventually. I would love an automated way to determine the "fees". But ultimately there is absolutely nothing NXT can offer than a "make rich quick scam" to some individuals through a promise of "fair distribution"

These developers should focus their efforts implementing stuff for Bitcoin and not a new coin. Stop reinventing the already rotating wheel -_-!

Or actually get the freaking distribution right. Nxt did ipo, they did ipo, how on earth is their distribution even any different?

My "personal" judgement is NXT is a get rich quick scam through a promise of exponentially growing appreciation of value for the coin. A "new generation" pump and dump scam coin if you might say so.

There is absolutely no need to start a new one when even the "future" planned features would work for Bitcoin existing chain (Except the DNS [expiring] entries),

For any NXT developer reading this. For god sake if that is the case name your price and start a crowdfunding time frame. Make the feature and give it to the Bitcoin community. Get your money and move on. Here you got the money and you made the feature, WITHOUT REINVENTING THE WHEEL

Stop the bullshit hypocrisy or your NXT guys will look like fools. If any of your alt. coin developers want my btc, you are better working for it. Innovation is good, competition is good but claiming you are the one chain and others re-inventing the wheel is the most idiotic.

I am so not a NXT guy. I am just rooting for the cryptoscene as a whole. So when did changing some variables prior to compiling some code become "innovation"? There is not even a different IPO method just different IPO audience! Competition is not good when they are all using the same car. Imagine NASCAR with same car manufacturer and model and even color, Pretty fierce awesome racing you got there right? Wow what a "competition"

How are you a hero member ? You've spent so much time on this forum yet you're still acting like you just registered yesteray.
Did you even take 5 minutes to read up on NEM ?

Changing some variables ?
NEM is written from scratch. Not a single line of code is being taken from NXT.

You see, if you want to hate something at least get your facts straight.
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
As I received a private invitation to the NRM project core discussion I decided to actually read what this coin is all about:

NOTHING
[/b]

I would love seeing the "DNS" system where the URI entries actually expire eventually. I would love an automated way to determine the "fees". But ultimately there is absolutely nothing NXT can offer than a "make rich quick scam" to some individuals through a promise of "fair distribution"

These developers should focus their efforts implementing stuff for Bitcoin and not a new coin. Stop reinventing the already rotating wheel -_-!

Or actually get the freaking distribution right. Nxt did ipo, they did ipo, how on earth is their distribution even any different?

My "personal" judgement is NXT is a get rich quick scam through a promise of exponentially growing appreciation of value for the coin. A "new generation" pump and dump scam coin if you might say so.

There is absolutely no need to start a new one when even the "future" planned features would work for Bitcoin existing chain (Except the DNS [expiring] entries),

For any NXT developer reading this. For god sake if that is the case name your price and start a crowdfunding time frame. Make the feature and give it to the Bitcoin community. Get your money and move on. Here you got the money and you made the feature, WITHOUT REINVENTING THE WHEEL

Stop the bullshit hypocrisy or your NXT guys will look like fools. If any of your alt. coin developers want my btc, you are better working for it. Innovation is good, competition is good but claiming you are the one chain and others re-inventing the wheel is the most idiotic.

I am so not a NXT guy. I am just rooting for the cryptoscene as a whole. So when did changing some variables prior to compiling some code become "innovation"? There is not even a different IPO method just different IPO audience! Competition is not good when they are all using the same car. Imagine NASCAR with same car manufacturer and model and even color, Pretty fierce awesome racing you got there right? Wow what a "competition"
full member
Activity: 154
Merit: 100
As I received a private invitation to the NRM project core discussion I decided to actually read what this coin is all about:

NOTHING
[/b]

I would love seeing the "DNS" system where the URI entries actually expire eventually. I would love an automated way to determine the "fees". But ultimately there is absolutely nothing NXT can offer than a "make rich quick scam" to some individuals through a promise of "fair distribution"

These developers should focus their efforts implementing stuff for Bitcoin and not a new coin. Stop reinventing the already rotating wheel -_-!

Or actually get the freaking distribution right. Nxt did ipo, they did ipo, how on earth is their distribution even any different?

My "personal" judgement is NXT is a get rich quick scam through a promise of exponentially growing appreciation of value for the coin. A "new generation" pump and dump scam coin if you might say so.

There is absolutely no need to start a new one when even the "future" planned features would work for Bitcoin existing chain (Except the DNS [expiring] entries),

For any NXT developer reading this. For god sake if that is the case name your price and start a crowdfunding time frame. Make the feature and give it to the Bitcoin community. Get your money and move on. Here you got the money and you made the feature, WITHOUT REINVENTING THE WHEEL

Stop the bullshit hypocrisy or your NXT guys will look like fools. If any of your alt. coin developers want my btc, you are better working for it. Innovation is good, competition is good but claiming you are the one chain and others re-inventing the wheel is the most idiotic.

Speaking of "hypocrisy" and "most idiotic" changing quoted words comes to my mind ^

Just keep your BTC until you feel comfortable investing them in something else.


Changing the quote is intentional. It is to show how idiotic the original quote is. Of course, there are a few people who need things spelled out for.
legendary
Activity: 1181
Merit: 1002
As I received a private invitation to the NRM project core discussion I decided to actually read what this coin is all about:

NOTHING
[/b]

I would love seeing the "DNS" system where the URI entries actually expire eventually. I would love an automated way to determine the "fees". But ultimately there is absolutely nothing NXT can offer than a "make rich quick scam" to some individuals through a promise of "fair distribution"

These developers should focus their efforts implementing stuff for Bitcoin and not a new coin. Stop reinventing the already rotating wheel -_-!

Or actually get the freaking distribution right. Nxt did ipo, they did ipo, how on earth is their distribution even any different?

My "personal" judgement is NXT is a get rich quick scam through a promise of exponentially growing appreciation of value for the coin. A "new generation" pump and dump scam coin if you might say so.

There is absolutely no need to start a new one when even the "future" planned features would work for Bitcoin existing chain (Except the DNS [expiring] entries),

For any NXT developer reading this. For god sake if that is the case name your price and start a crowdfunding time frame. Make the feature and give it to the Bitcoin community. Get your money and move on. Here you got the money and you made the feature, WITHOUT REINVENTING THE WHEEL

Stop the bullshit hypocrisy or your NXT guys will look like fools. If any of your alt. coin developers want my btc, you are better working for it. Innovation is good, competition is good but claiming you are the one chain and others re-inventing the wheel is the most idiotic.

Speaking of "hypocrisy" and "most idiotic" changing quoted words comes to my mind ^

Just keep your BTC until you feel comfortable investing them in something else.
full member
Activity: 154
Merit: 100
As I received a private invitation to the NRM project core discussion I decided to actually read what this coin is all about:

NOTHING
[/b]

I would love seeing the "DNS" system where the URI entries actually expire eventually. I would love an automated way to determine the "fees". But ultimately there is absolutely nothing NXT can offer than a "make rich quick scam" to some individuals through a promise of "fair distribution"

These developers should focus their efforts implementing stuff for Bitcoin and not a new coin. Stop reinventing the already rotating wheel -_-!

Or actually get the freaking distribution right. Nxt did ipo, they did ipo, how on earth is their distribution even any different?

My "personal" judgement is NXT is a get rich quick scam through a promise of exponentially growing appreciation of value for the coin. A "new generation" pump and dump scam coin if you might say so.

There is absolutely no need to start a new one when even the "future" planned features would work for Bitcoin existing chain (Except the DNS [expiring] entries),

For any NXT developer reading this. For god sake if that is the case name your price and start a crowdfunding time frame. Make the feature and give it to the Bitcoin community. Get your money and move on. Here you got the money and you made the feature, WITHOUT REINVENTING THE WHEEL

Stop the bullshit hypocrisy or your NXT guys will look like fools. If any of your alt. coin developers want my btc, you are better working for it. Innovation is good, competition is good but claiming you are the one chain and others re-inventing the wheel is the most idiotic.
full member
Activity: 168
Merit: 100
As I received a private invitation to the NRM project core discussion I decided to actually read what this coin is all about:

NOTHING
[/b]

I would love seeing the "DNS" system where the URI entries actually expire eventually. I would love an automated way to determine the "fees". But ultimately there is absolutely nothing NEM can offer than a "make rich quick scam" to some individuals through a promise of "fair distribution"

These developers should focus their efforts implementing stuff for NXT and not a new coin. Stop reinventing the already rotating wheel -_-!

Any shitcoin developer should stop reinventing already rotating wheel and develop for bitcoins. He might actually see his development used by someone.
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
As I received a private invitation to the NRM project core discussion I decided to actually read what this coin is all about:

NOTHING
[/b]

I would love seeing the "DNS" system where the URI entries actually expire eventually. I would love an automated way to determine the "fees". But ultimately there is absolutely nothing NEM can offer than a "make rich quick scam" to some individuals through a promise of "fair distribution"

These developers should focus their efforts implementing stuff for NXT and not a new coin. Stop reinventing the already rotating wheel -_-!

Or actually get the freaking distribution right. Nxt did ipo, they did ipo, how on earth is their distribution even any different?

My "personal" judgement is NEM is a get rich quick scam through a promise of exponentially growing appreciation of value for the coin. A "new generation" pump and dump scam coin if you might say so.

There is absolutely no need to start a new one when even the "future" planned features would work for NXT existing chain (Except the DNS [expiring] entries),

For any NEM developer reading this. For god sake if that is the case name your price and start a crowdfunding time frame. Make the feature and give it to the NXT community. Get your money and move on. Here you got the money and you made the feature, WITHOUT REINVENTING THE WHEEL
legendary
Activity: 1722
Merit: 1217
As I received a private invitation to the NRM project core discussion I decided to actually read what this coin is all about:

NOTHING
[/b]

I would love seeing the "DNS" system where the URI entries actually expire eventually. I would love an automated way to determine the "fees". But ultimately there is absolutely nothing NEM can offer than a "make rich quick scam" to some individuals through a promise of "fair distribution"

These developers should focus their efforts implementing stuff for NXT and not a new coin. Stop reinventing the already rotating wheel -_-!

Or actually get the freaking distribution right. Nxt did ipo, they did ipo, how on earth is their distribution even any different?
hero member
Activity: 924
Merit: 1001
Unlimited Free Crypto
As I received a private invitation to the NRM project core discussion I decided to actually read what this coin is all about:

NOTHING
[/b]

I would love seeing the "DNS" system where the URI entries actually expire eventually. I would love an automated way to determine the "fees". But ultimately there is absolutely nothing NEM can offer than a "make rich quick scam" to some individuals through a promise of "fair distribution"

These developers should focus their efforts implementing stuff for NXT and not a new coin. Stop reinventing the already rotating wheel -_-!
hero member
Activity: 854
Merit: 1001
Nxt has no competitor

+ lots to Salsa.....

Is it a good idea for NXT to have potential competing crypto on its exchange? 

I'm interested in NXT and I started accumulating some and I'm looking at some assets with concern that something like NEM could displace it.

NEM looks like a good project, but I dont see them as serious competition for NXT yet.
And, hell yeah, list them on the AE, i have no problem with that.


"Serious competition" is a dichotomous statement, no?   There's only a very small handful of 2.0 coins and NEM is arguably the best competition against NxT..  unless we grasp straws and bend them to include Ripple or Bitshares but those two payment systems / protocols are aiming for different end results.  If NEM wasn't seen as competition then it wouldn't be receiving all the negative attention it gets - you guys would instead be bashing on NODE or Kora.


'yet'
NEM isn't serious competition for NXT right now for exactly the same reason that i don't see Ethereum as serious competition: not launched yet.
Things could change when NEM launches and starts adding users and features......but we'll see what happens over the next few months.

So chill yr boots, TS, you'll see very little NEM bashing round here. Not from me, even though some of your posts on BTT have been seriously hostile to NXT.
I'll only bash stuff that really deserves it, like Uro or inbred aristocrats being appointed to Ripple directorships.
legendary
Activity: 1050
Merit: 1000
he sent first Nxts to bter 4 hours after the btc hack, the 2nd Nxt account was hacked 4 hours later - he probably had to learn how to use Nxt during those 4 hours. He withdraw most of the Bitcoins from the first 3-mil-nxt hack, some (12?) bitcoins were left, + was frozen the whole 2nd Nxt amount

He was working:
10 pm: 1170 Btc hack - now mixing
2 am: 3m Nxt funds hack - dumped
3 am: 100 Btc withdrawn from Bter
6 am: 3m klee's Nxt account hack - frozen at bter


An well planned and prepared hacker.

Does not look prepared enough. He lost money at Bter, that was a foolish move.

From the NXT hack effectively only 100 BTC was withdrawn?
hero member
Activity: 756
Merit: 506
Nxt has no competitor

+ lots to Salsa.....

Is it a good idea for NXT to have potential competing crypto on its exchange? 

I'm interested in NXT and I started accumulating some and I'm looking at some assets with concern that something like NEM could displace it.

NEM looks like a good project, but I dont see them as serious competition for NXT yet.
And, hell yeah, list them on the AE, i have no problem with that.


"Serious competition" is a dichotomous statement, no?   There's only a very small handful of 2.0 coins and NEM is arguably the best competition against NxT..  unless we grasp straws and bend them to include Ripple or Bitshares but those two payment systems / protocols are aiming for different end results.  If NEM wasn't seen as competition then it wouldn't be receiving all the negative attention it gets - you guys would instead be bashing on NODE or Kora.




legendary
Activity: 1820
Merit: 1001
Need some help here downloaded wallet received some nxt coin sent some nxt coin however when clicking on forge I get the following error Your effective balance is zero, you cannot forge yet I have coins in my wallet

Your coins need to have 1440 confirmations to start forging.

Ah ok thank you for the info.

Also another question I have the client downloaded running etc. How do I unlock like the old version where it was web based. I have put my phrase into it but I dont get where it tells me if it is unlocked or not ready to forge?

I'm not sure I understand your question. the NXT UI has always been browser based.

Or, do you mean some website on the internet where you had previously used your password?

When you log into the NRS, via the browser or the Wesly UI (which is basically just a browser too) your "server" is forging, unless you use the "logout and stop forging" choice.



I am referring to this as I have software client.



That's still a "Web based UI". The NRS is installed and run in the background. You can still, while that wallet is running access it via your browser at port 7876. I also use that wallet for the simplified one click installer, but keep it minimized to the tray. I access it via my browser so I can use LastPass to auto enter my passphrase when needed for transactions.

So, my answer is the same. If you log into it, then it is forging, or will start once you have 1440 confirms and you have an effective
balance.

I hope that answers your question.

Thanks for the info. Last time I used this was a long time ago when it had padlock n other stuff on it but never understand it and now seeing it is different and simpler to understand and navigate around as before it was a total mess to use and didn't bother with it.
legendary
Activity: 1736
Merit: 1001
Need some help here downloaded wallet received some nxt coin sent some nxt coin however when clicking on forge I get the following error Your effective balance is zero, you cannot forge yet I have coins in my wallet

Your coins need to have 1440 confirmations to start forging.

Ah ok thank you for the info.

Also another question I have the client downloaded running etc. How do I unlock like the old version where it was web based. I have put my phrase into it but I dont get where it tells me if it is unlocked or not ready to forge?

I'm not sure I understand your question. the NXT UI has always been browser based.

Or, do you mean some website on the internet where you had previously used your password?

When you log into the NRS, via the browser or the Wesly UI (which is basically just a browser too) your "server" is forging, unless you use the "logout and stop forging" choice.



I am referring to this as I have software client.



That's still a "Web based UI". The NRS is installed and run in the background. You can still, while that wallet is running access it via your browser at port 7876. I also use that wallet for the simplified one click installer, but keep it minimized to the tray. I access it via my browser so I can use LastPass to auto enter my passphrase when needed for transactions.

So, my answer is the same. If you log into it, then it is forging, or will start once you have 1440 confirms and you have an effective
balance.

I hope that answers your question.
legendary
Activity: 1181
Merit: 1002
Need some help here downloaded wallet received some nxt coin sent some nxt coin however when clicking on forge I get the following error Your effective balance is zero, you cannot forge yet I have coins in my wallet

Your coins need to have 1440 confirmations to start forging.

Ah ok thank you for the info.

Also another question I have the client downloaded running etc. How do I unlock like the old version where it was web based. I have put my phrase into it but I dont get where it tells me if it is unlocked or not ready to forge?

Not sure which client you're using. The default client is still web-based (reachable under http://localhost:7876/) and the forging status is indicated in the top left corner.
If you want to see more details in the console output of the NRS server (the java application) you would have to change the logging levels in the config (in /nxt/conf/ folder) file.

Hope this helps, otherwise please provide more information.
legendary
Activity: 1820
Merit: 1001
Need some help here downloaded wallet received some nxt coin sent some nxt coin however when clicking on forge I get the following error Your effective balance is zero, you cannot forge yet I have coins in my wallet

Your coins need to have 1440 confirmations to start forging.

Ah ok thank you for the info.

Also another question I have the client downloaded running etc. How do I unlock like the old version where it was web based. I have put my phrase into it but I dont get where it tells me if it is unlocked or not ready to forge?

I'm not sure I understand your question. the NXT UI has always been browser based.

Or, do you mean some website on the internet where you had previously used your password?

When you log into the NRS, via the browser or the Wesly UI (which is basically just a browser too) your "server" is forging, unless you use the "logout and stop forging" choice.



I am referring to this as I have software client.

legendary
Activity: 1736
Merit: 1001
Need some help here downloaded wallet received some nxt coin sent some nxt coin however when clicking on forge I get the following error Your effective balance is zero, you cannot forge yet I have coins in my wallet

Your coins need to have 1440 confirmations to start forging.

Ah ok thank you for the info.

Also another question I have the client downloaded running etc. How do I unlock like the old version where it was web based. I have put my phrase into it but I dont get where it tells me if it is unlocked or not ready to forge?

I'm not sure I understand your question. the NXT UI has always been browser based.

Or, do you mean some website on the internet where you had previously used your password?

When you log into the NRS, via the browser or the Wesly UI (which is basically just a browser too) your "server" is forging, unless you use the "logout and stop forging" choice.

Jump to: