'...It's still original project apart of others using success of other coins. For example, WAVES are yet another version of NXT.
IGNIS ICO is coming and NXT is part of it!
Except for a few "small" FACTS such as the one that the Mark Cuban game token ICO was carried on the WAVES network (not a small feat considering the sheer volume of transactions from people wanting in the ICO). NXT hasn't carried ANY ICO at all so the reliability of the network, not to mention it's security, is untested. There are other "minor" (sarcasm) differences too... chief among others the fact that it is a real project and not a scheme to keep on giving birth to extensions, "children", updates, soft-forks conceived with the SOLE PURPOSE of making loads of money for their CENTRALIZED, FOR-PROFIT "team" while using the converts -like you- to maintain the network in exchange for crumbs.
Perhaps that explains why, even counting the outright -and self-confessed- shit coins, every project in the scene has gone like 10+ times higher in recent months... except for NXT/ARDR, which remains grossly overpriced even without any real money inflows.
Dear barabbas,
Many of your mentioned projects that gone like 10+ times are shitcoins. Do you scream in btctalk threads of those projects? Other projects aren't that decentralised as you think. How much ETH hold dev team? Just asking! XRP?
Do you think those insane billion caps are natural growth? It's the result of control amount of supply in the hands of groups. Is it true decentralisation? All the coins sold through ICOs, crowdfundings. Are those decentralised and fairly distributed?
If whole supply of projects tokens, coins are evenly distributed, that means project market cap won't go crazy, unless crazy amounts of money flows into it from investors, who use the services are offered. Other than that, all is about pump and dump.
Let's see how valid are your statements, barabbas, after exWBB project will be released (Q3). It is decentralised- evenly distributed, no premine, no ICO, self funding dev, who even paid to Bittrex in favour of coin holders after 51% attack happened.
That project is meant to be usable by businesses from it's release moment and first client is already on it.
Will exWBB shoot up like ETH or at least 10+ times in short timeframe because of it's greatness? I doubt, because it isn't centralised as far as dev himself bought coins from market (no premine as mentioned above). I believe he owns some 10% of whole supply, which wasn't gathered for free.
Resuming all... Don't speak about decentralisation in crypto world. It is very limited term, when we talk about coin value.
If you don't like NXT project, could you please avoid coming here and spread your hate? Spend your time on those fair ^^ projects!
Thank you!
First of all, as I have posted so many times, I LIKE the NXT project. Pending thorough testing -of capacity, reliability, stress, etc- I believe it has a sound tech under the hood. I am thoroughly disgusted by the centralization of it and, even more, by the amazing level of greed of their developers who have, de facto, destroyed all possibilities of it reaching mainstream.
And no, you are very wrong in general but specifically when you speak of the controlled coins, especially ETH. That project is being overwhelmed by it success, which is a great thing long term and a worrysome thing short term. Success at that level has very serious implications, technologically -scale, capacity, security- and financially (price was just halved when all those hundreds of millions of dollars have begun to be cashed out in fiat in order to have the projects they fund going. It will probably continue to go much lower as more projects are funded and more ETH will be cashed out flooding the market even more). But ETH has become the standard, like the Android system of crypto since BTC is plagued with problems that make it unusable as currency for all intents and purposes (it remains very valuable as a store of value though), and the future can be quite bright.... if the issue of inflation is resolved, otherwise we are talking another NXT only at a much bigger scale. And ETH is not centralized at all, except technologically. It's developers are quite content with making fortunes with ETH and are not either going private (like NXT has), or manipulating Ethereum into some kind of (private, again) white label "children" to sell to corporations. They want the whole system adapted not just by the biggest corporations but by many if not all countries across the globe. If ETH continues to grow, they will be even richer than they already are, but they are not scheming to sell the new Ethereum, when it becomes hybrid, and then again when it becomes PoS, as separate projects like these greedy guys here have done and will be doing. Big difference.
Another misconception you have, I do not "hate" anyone, the only thing I hate is greed, especially the bloated kind that these developers have shown. I just expose it so people know exactly what they are or are getting into.
You should note also that, even though I trade NXT/ARDR, my criticism of their green remains leveled regardless of if I am in or out. Now, since you are obviously disturbed by my posts, why don't you skip them altogether. It's quite simple, really. You can even set it up so you don't see them at all... just a friendly suggestion.
^^