NXT is really undervalued right now!
NXT is in a downtrend since a while.
I bought some because I trusted the system and the hard work.
But the stakeholders system is broken, they keep the prices down and cutting on every recovery attempt.
Soon they will able to dump for USD, nice.
I won't get in this coin until stakeholders are unloaded.
Well I look at it this way. Yes, stakeholders are unloading. They have every right to do so. They invested and believed when nobody of us wanted or knew about NXT.
Now, as long as there is hard work and development we are alright. I mean they can unload just as much, there is an end to everything, and end will also come to the unloading because eventually they will unload everything that there is to be unloaded.
Yes, this will take long time. I think this might even take next 2 years but let it be. As long as the price is low, more people can get in easier and more people holding NXT is the real strength. The second distribution is happening as we speak.
We shouldn't be concentrating on price at the moment, even though this is really hard, I admit. Concentrate on all the hard work, releases and promises of certain features that are coming out as promised. New client, AE, fractional NXT, all refactoring, balance leasing, and I won't even mention big guns - TF, parallel chains, etc that are promised. When you concentrate on this, you will also think differently about NXT.
Bitcoin took 5 years to get to a $1000, if takes us 5 years to get to $5 mark so be it (considering there are 80 times more BTC than NXT, 80 x $5 = $400ish, which is a current price of BTC).
I hope you understand what I am saying. This is not a get rich quick scheme, which 99% of other coins are and even BTC is becoming. This is an honest try to change something and to introduce something new. Now, are we perfect? Of course not, but who the heck is in this world.
Hi,
thanks for your nice words, and for providing a non aggressive reply (this is rare here ^^): I can only be agree with you.
But the fact is if you try to get in to participate and help, you have many chance to be screwed.
I understand the price shouldn't be relevant. My goal isn't to be rich with NXT (well, I would ^^), I did bought some to support the project, but at some point the loss was to high and the perma downtrend afraid me. If my goal isn't to be rich with NXT, the reverse work too, I don't want NXT making me poor :p
I'm still looking a lot into the project, lot of work, lot of involved peoples. But stakeholders are scary, they have too much power on the market for a decentralized currency. They are sellers, and because they own majority of the funds they can stake lot of coins and keep selling them (by the way this also 'eating' the stake of smaller peoples).
The sell pressure is a way to high to attract investors, and new players are afraid to lost to much money. The market distribution, the stake distribution will take a while, but once it's done i'll jump in with no problem.
there was to many angry people on their thread. Glitch my a**!! 
