There's no longer any available time for this back and forth rhetoric. It's all hyperspeed now. Pumpers will Pump, FUDsters Will Fud,Developers must Develop and thank God HODLRs will HODL. No luxury is now available to Devs except for being Geniuses in their creativity. Powerfully backed projects are now invading the space raising millions for development out the door. Significant implementations must now take place for any project that wants to keep being relevant.
If your holding $NXT and you've decided to keep holding community support is now necessary. The community must rise up against haters so that Devs can concentrate on development. If you're a HODLR you have a reason why you are. You have a self benefiting reason to express "the why" you're sticking to the project. Let us rise against the haters and let's kick them out by shear brut force of thought and logic. Now I'm not suggesting that the community remain not vigilant and hail everything that comes down the pike - we must remain objective!
No reason now why $NXT should not be $1.00 NOW, TODAY!
Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 91. (Read 941285 times)
Its NXT > ETH ?
What are the benefits for a NXT coin holder?
Masternodes? annual commissions? something?
Masternodes? annual commissions? something?
Hi all,
The IGNIS distribution model looks like a scam against investors and the NXT subreddit looks like to be full of pumper and dumpers, and haters in general. The whole situation is very sad.
Long story short, NXT developers knew in advance both IGNIS and ARDOR distributions models, which are based on NXT holdings in a period of developers choice, and could have exploited heavily this knowledge by buying NXT before the public could even know about any IGNIS distribution detail (developer's discussions are not public), and then profiting on the pump which came after the announcement. The NXT price chart indeed reflects the most typical pump-and-dump scheme, where after the ARDOR and IGNIS announcements have been made, a 10X increase happens, for then fading out quickly, with dumpers dumping on investors. Moreover, there are not third parties checking NXT developers statements, and it is not clear if the release of IGNIS (or ARDOR for the matter) was necessary. They are justified for "introducing new features", but for the majority of cryptos new features are introduced with soft forks, rather than duplicating coins (chart: https://poloniex.com/exchange#btc_nxt).
I am trying to make my concerns heard on the NXT subreddit (https://www.reddit.com/r/NXT/comments/6hazwj/serious_concern_about_devs_credibility/ and https://www.reddit.com/r/NXT/comments/6gzedp/scamshots/) but I keep getting accused of spreading FUD and they keep reassuring me that developers did not do anything bad. I do not have evidence of any wrongdoing, but the crypto space is full of scammers and being skeptical is very healthy. Moreover, the subreddit is full of "buy buy buy" people.
The whole situation should be clarified for creating a safer crypto environment.
I need help.
The IGNIS distribution model looks like a scam against investors and the NXT subreddit looks like to be full of pumper and dumpers, and haters in general. The whole situation is very sad.
Long story short, NXT developers knew in advance both IGNIS and ARDOR distributions models, which are based on NXT holdings in a period of developers choice, and could have exploited heavily this knowledge by buying NXT before the public could even know about any IGNIS distribution detail (developer's discussions are not public), and then profiting on the pump which came after the announcement. The NXT price chart indeed reflects the most typical pump-and-dump scheme, where after the ARDOR and IGNIS announcements have been made, a 10X increase happens, for then fading out quickly, with dumpers dumping on investors. Moreover, there are not third parties checking NXT developers statements, and it is not clear if the release of IGNIS (or ARDOR for the matter) was necessary. They are justified for "introducing new features", but for the majority of cryptos new features are introduced with soft forks, rather than duplicating coins (chart: https://poloniex.com/exchange#btc_nxt).
I am trying to make my concerns heard on the NXT subreddit (https://www.reddit.com/r/NXT/comments/6hazwj/serious_concern_about_devs_credibility/ and https://www.reddit.com/r/NXT/comments/6gzedp/scamshots/) but I keep getting accused of spreading FUD and they keep reassuring me that developers did not do anything bad. I do not have evidence of any wrongdoing, but the crypto space is full of scammers and being skeptical is very healthy. Moreover, the subreddit is full of "buy buy buy" people.
The whole situation should be clarified for creating a safer crypto environment.
I need help.
And now please explain me ETC-ETH story! Wasn't that duplication? Scam? Look at ETH cap now! ETC looks like on the edge of break out to new heights.
NXT is one of the most advanced cryptos since early alt coins birth time. I can't believe how a lot of abandoned shtcoins are pumped to madness, but NXT stays at low cap relatively.
Every developer does his job according to their point of view. Someone prepares soft forks, someone hard forks, another one does transition to next gen like NXT.
There will always be haters, but this project is amazing. And undervalued... When people scream about scam, look around, look at Polo top traded coins, for example. All of those are fair? Decentralised? Don't make me laugh! Everything is manipulated, every news-hype cycle is organised, prepared for pumps. I just repeat what is obvious.
I have not read the word "scam" associated with this project in ages, so I don't know what you are talking about in that regard.
Scheme is a different word with a very different meaning. And the creation of ARDOR is just that, an scheme to bring more value to the project for no reason whatsoever. Perhaps the implementation of NXT 2.0 would have had the exact same effect, no one will ever know. But the problem here is actually 2: The first one, from the start, the uneven distribution of the coin, something that has and will taint the project forever. The second one is yet another scheme consisting nothing less than in getting the supporters of the decentralized network (Next 1.0) to engage and support Next 2.0, which is CENTRALIZED and private. Is that an scam? you be the judge. It is indeed a very smart scheme to take NXT holders to the cleaners (or pay them exceptionally little) for making it all possible.
Another thing: NXT 1.0 is very inferior to other projects already successfully implemented and many on way to implimentation. Nxt 2.0 will take care of some -not all- of those deficiencies, but playing catch up, not leadership.
For all the above mentioned reasons, the current valuation of NXT/ARDR is as absurdly high as it can be.... especially considering the upcoming first baby (err, sorry, "child", IGNIS) which, again, is a centralized, totally private property entirely supported and made possible by the current network of NXT holders (and future holders of ARDOR). But since the entire alt-world has gone bananes valuation-wise of late, who's counting, right? As long as someone, especially if it is someone "legendary" in BT, says things like "most advanced" (blatant lie) or "undervalued".
Surreal.
Oh, are you talking about decentrealised vs centralised? How about other big cap coins? Even distributed? Look at mentioned ETH, was it even distributed? If it was, you woudn't see such insane marketcap. Sigh.
And about "most advanced", you didn't catch meaning. It was most advanced back in early alt coins times. Still it offers great functionality.
And it is undervalued, as I said, relatively to other big cap coins.
What advanced functionality Litecoin offers? 2.6 billion cap, and, I guess, it won't stop.
Every crypto today is overvalued, bitcoin included. In crypto there is absolute lack of projects, which are meant for real world businesses usage, where big outer-crypto money can flow in. Still speculation and whales games takes part, dominates.
People point to NXT issues in it's way, but look at ETH (yes, again). There was bug in code allowing hackers to crack DAO, that was disaster. And of course other smaller issues...
No matter of that ETH is almost at BTC cap. Crazy! Isn't it? Was it real demand from businesses, where ETH is used? Really, in few days such a demand?
Heavy marketing and centralisation brought ETH to the place, where it is (undeserved).
Don't tell me about decentralisation, it's just theoretical (technically) side of crypto. In real world things work otherwise. The more percentage is in hands of few people, the higher it will jump and be controlled. Easy equation!
ETH cap is surreal! But it's real.
FUD is one of the signs, among other things, that can be relied upon to estimate the project is doing good.
Keep on, FUDsters, Nxt loves you
Keep on, FUDsters, Nxt loves you
Hi all,
The IGNIS distribution model looks like a scam against investors and the NXT subreddit looks like to be full of pumper and dumpers, and haters in general. The whole situation is very sad.
Long story short, NXT developers knew in advance both IGNIS and ARDOR distributions models, which are based on NXT holdings in a period of developers choice, and could have exploited heavily this knowledge by buying NXT before the public could even know about any IGNIS distribution detail (developer's discussions are not public), and then profiting on the pump which came after the announcement. The NXT price chart indeed reflects the most typical pump-and-dump scheme, where after the ARDOR and IGNIS announcements have been made, a 10X increase happens, for then fading out quickly, with dumpers dumping on investors. Moreover, there are not third parties checking NXT developers statements, and it is not clear if the release of IGNIS (or ARDOR for the matter) was necessary. They are justified for "introducing new features", but for the majority of cryptos new features are introduced with soft forks, rather than duplicating coins (chart: https://poloniex.com/exchange#btc_nxt).
I am trying to make my concerns heard on the NXT subreddit (https://www.reddit.com/r/NXT/comments/6hazwj/serious_concern_about_devs_credibility/ and https://www.reddit.com/r/NXT/comments/6gzedp/scamshots/) but I keep getting accused of spreading FUD and they keep reassuring me that developers did not do anything bad. I do not have evidence of any wrongdoing, but the crypto space is full of scammers and being skeptical is very healthy. Moreover, the subreddit is full of "buy buy buy" people.
The whole situation should be clarified for creating a safer crypto environment.
I need help.
The IGNIS distribution model looks like a scam against investors and the NXT subreddit looks like to be full of pumper and dumpers, and haters in general. The whole situation is very sad.
Long story short, NXT developers knew in advance both IGNIS and ARDOR distributions models, which are based on NXT holdings in a period of developers choice, and could have exploited heavily this knowledge by buying NXT before the public could even know about any IGNIS distribution detail (developer's discussions are not public), and then profiting on the pump which came after the announcement. The NXT price chart indeed reflects the most typical pump-and-dump scheme, where after the ARDOR and IGNIS announcements have been made, a 10X increase happens, for then fading out quickly, with dumpers dumping on investors. Moreover, there are not third parties checking NXT developers statements, and it is not clear if the release of IGNIS (or ARDOR for the matter) was necessary. They are justified for "introducing new features", but for the majority of cryptos new features are introduced with soft forks, rather than duplicating coins (chart: https://poloniex.com/exchange#btc_nxt).
I am trying to make my concerns heard on the NXT subreddit (https://www.reddit.com/r/NXT/comments/6hazwj/serious_concern_about_devs_credibility/ and https://www.reddit.com/r/NXT/comments/6gzedp/scamshots/) but I keep getting accused of spreading FUD and they keep reassuring me that developers did not do anything bad. I do not have evidence of any wrongdoing, but the crypto space is full of scammers and being skeptical is very healthy. Moreover, the subreddit is full of "buy buy buy" people.
The whole situation should be clarified for creating a safer crypto environment.
I need help.
And now please explain me ETC-ETH story! Wasn't that duplication? Scam? Look at ETH cap now! ETC looks like on the edge of break out to new heights.
NXT is one of the most advanced cryptos since early alt coins birth time. I can't believe how a lot of abandoned shtcoins are pumped to madness, but NXT stays at low cap relatively.
Every developer does his job according to their point of view. Someone prepares soft forks, someone hard forks, another one does transition to next gen like NXT.
There will always be haters, but this project is amazing. And undervalued... When people scream about scam, look around, look at Polo top traded coins, for example. All of those are fair? Decentralised? Don't make me laugh! Everything is manipulated, every news-hype cycle is organised, prepared for pumps. I just repeat what is obvious.
I have not read the word "scam" associated with this project in ages, so I don't know what you are talking about in that regard.
Scheme is a different word with a very different meaning. And the creation of ARDOR is just that, an scheme to bring more value to the project for no reason whatsoever. Perhaps the implementation of NXT 2.0 would have had the exact same effect, no one will ever know. But the problem here is actually 2: The first one, from the start, the uneven distribution of the coin, something that has and will taint the project forever. The second one is yet another scheme consisting nothing less than in getting the supporters of the decentralized network (Next 1.0) to engage and support Next 2.0, which is CENTRALIZED and private. Is that an scam? you be the judge. It is indeed a very smart scheme to take NXT holders to the cleaners (or pay them exceptionally little) for making it all possible.
Another thing: NXT 1.0 is very inferior to other projects already successfully implemented and many on way to implimentation. Nxt 2.0 will take care of some -not all- of those deficiencies, but playing catch up, not leadership.
For all the above mentioned reasons, the current valuation of NXT/ARDR is as absurdly high as it can be.... especially considering the upcoming first baby (err, sorry, "child", IGNIS) which, again, is a centralized, totally private property entirely supported and made possible by the current network of NXT holders (and future holders of ARDOR). But since the entire alt-world has gone bananes valuation-wise of late, who's counting, right? As long as someone, especially if it is someone "legendary" in BT, says things like "most advanced" (blatant lie) or "undervalued".
Surreal.
OP or Community Managers
Can you add Coin Market Apps for supporting NXT on your thread?
Its a mobile app for the community to track down news and content about NXT
Available on the Google Play store: https://play.google.com/store/apps/details?id=coin.market.app.com
Can you add Coin Market Apps for supporting NXT on your thread?
Its a mobile app for the community to track down news and content about NXT
Available on the Google Play store: https://play.google.com/store/apps/details?id=coin.market.app.com
Community this is a very useful app - has anyone tried it yet?
I would recommend it if you are not constantly following news about NXT and every other Coin that you are invested in like BTC, ETH, etc... it puts a focus on the NXT resources and news in the palm of your hands
Hi all,
The IGNIS distribution model looks like a scam against investors and the NXT subreddit looks like to be full of pumper and dumpers, and haters in general. The whole situation is very sad.
Long story short, NXT developers knew in advance both IGNIS and ARDOR distributions models, which are based on NXT holdings in a period of developers choice, and could have exploited heavily this knowledge by buying NXT before the public could even know about any IGNIS distribution detail (developer's discussions are not public), and then profiting on the pump which came after the announcement. The NXT price chart indeed reflects the most typical pump-and-dump scheme, where after the ARDOR and IGNIS announcements have been made, a 10X increase happens, for then fading out quickly, with dumpers dumping on investors. Moreover, there are not third parties checking NXT developers statements, and it is not clear if the release of IGNIS (or ARDOR for the matter) was necessary. They are justified for "introducing new features", but for the majority of cryptos new features are introduced with soft forks, rather than duplicating coins (chart: https://poloniex.com/exchange#btc_nxt).
I am trying to make my concerns heard on the NXT subreddit (https://www.reddit.com/r/NXT/comments/6hazwj/serious_concern_about_devs_credibility/ and https://www.reddit.com/r/NXT/comments/6gzedp/scamshots/) but I keep getting accused of spreading FUD and they keep reassuring me that developers did not do anything bad. I do not have evidence of any wrongdoing, but the crypto space is full of scammers and being skeptical is very healthy. Moreover, the subreddit is full of "buy buy buy" people.
The whole situation should be clarified for creating a safer crypto environment.
I need help.
The IGNIS distribution model looks like a scam against investors and the NXT subreddit looks like to be full of pumper and dumpers, and haters in general. The whole situation is very sad.
Long story short, NXT developers knew in advance both IGNIS and ARDOR distributions models, which are based on NXT holdings in a period of developers choice, and could have exploited heavily this knowledge by buying NXT before the public could even know about any IGNIS distribution detail (developer's discussions are not public), and then profiting on the pump which came after the announcement. The NXT price chart indeed reflects the most typical pump-and-dump scheme, where after the ARDOR and IGNIS announcements have been made, a 10X increase happens, for then fading out quickly, with dumpers dumping on investors. Moreover, there are not third parties checking NXT developers statements, and it is not clear if the release of IGNIS (or ARDOR for the matter) was necessary. They are justified for "introducing new features", but for the majority of cryptos new features are introduced with soft forks, rather than duplicating coins (chart: https://poloniex.com/exchange#btc_nxt).
I am trying to make my concerns heard on the NXT subreddit (https://www.reddit.com/r/NXT/comments/6hazwj/serious_concern_about_devs_credibility/ and https://www.reddit.com/r/NXT/comments/6gzedp/scamshots/) but I keep getting accused of spreading FUD and they keep reassuring me that developers did not do anything bad. I do not have evidence of any wrongdoing, but the crypto space is full of scammers and being skeptical is very healthy. Moreover, the subreddit is full of "buy buy buy" people.
The whole situation should be clarified for creating a safer crypto environment.
I need help.
And now please explain me ETC-ETH story! Wasn't that duplication? Scam? Look at ETH cap now! ETC looks like on the edge of break out to new heights.
NXT is one of the most advanced cryptos since early alt coins birth time. I can't believe how a lot of abandoned shtcoins are pumped to madness, but NXT stays at low cap relatively.
Every developer does his job according to their point of view. Someone prepares soft forks, someone hard forks, another one does transition to next gen like NXT.
There will always be haters, but this project is amazing. And undervalued... When people scream about scam, look around, look at Polo top traded coins, for example. All of those are fair? Decentralised? Don't make me laugh! Everything is manipulated, every news-hype cycle is organised, prepared for pumps. I just repeat what is obvious.
About the distribution of Ignis, do someone know about the mechanics of it? I'm trying to find it but I cant see it, can someone send me where to find it? Thanks.
Is it worth mining NXT? I already invested some bitcoins on this but Its just staying on the exchange? I want to know if its worth it running a node here to mine this coin. Or just better hold it.
If you "just hold it" you might as well forge. If you have a good bit of NXT, then you can get some additional ones - and with the lotteries it adds up.
All it takes is to run a node. I run one on a cloud server, which costs just 3 euro a month. Next to updating occasionally, there is to no maintenance necessary.
More nodes, and more stake doing the forging also helps make NXT secure - so protects your investment.
Alternatively you can lease your funds to a forging pool. Again, that supports the network by raising the staking Nxt.
FYI, newcomers!
Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project?
Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi.
Run the node 24/7 or as often as you can while you work or play.
Join in with the over 100 nodes that are already in the project.
Can you please send me a message on how to mine nxt? I just bought arounf 4btc of NXT now, I think its good project, I hope I m not wrong investing on this coin. Hehe,Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project?
Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi.
Run the node 24/7 or as often as you can while you work or play.
Join in with the over 100 nodes that are already in the project.
But can you please send me detailed process on the mining process. Thanks, Im not that tech savvy, thats why. If it will have any inconvenience to you, dont do.
First you need to learn to run a full node.
Download and install the Nxt client from https://nxt.org/download
Sync the blockchain.
When you got that part covered, follow the link https://nxtforum.org/index.php?topic=11514.msg221136#msg221136
This isn't real mining like in Bitcoin, but Nxt node operators are rewarded nonetheless by one generous whale Megalodon.
FYI, newcomers!
Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project?
Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi.
Run the node 24/7 or as often as you can while you work or play.
Join in with the over 100 nodes that are already in the project.
Can you please send me a message on how to mine nxt? I just bought arounf 4btc of NXT now, I think its good project, I hope I m not wrong investing on this coin. Hehe,Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project?
Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi.
Run the node 24/7 or as often as you can while you work or play.
Join in with the over 100 nodes that are already in the project.
But can you please send me detailed process on the mining process. Thanks, Im not that tech savvy, thats why. If it will have any inconvenience to you, dont do.
nxt is one of the most technological stuff i ever saw. just hodl till q3
FYI, newcomers!
Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project?
Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi.
Run the node 24/7 or as often as you can while you work or play.
Join in with the over 100 nodes that are already in the project.
Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project?
Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi.
Run the node 24/7 or as often as you can while you work or play.
Join in with the over 100 nodes that are already in the project.
hold nxt will distribute igins
Does anyone know when the IGNIS snapshop is coming ?
Q3 2017 is all that is known.
They will announce the exact date at least 1 month before it happens.
Does anyone know when the IGNIS snapshop is coming ?
[...] it is not clear if the release of IGNIS (or ARDOR for the matter) was necessary. They are justified for "introducing new features", but for the majority of cryptos new features are introduced with soft forks, rather than duplicating coins (chart: https://poloniex.com/exchange#btc_nxt).
The changes from NXT 1 to NXT 2 are really big and will deliver a totally new scaling solution called "child chains". The essence is that not all nodes have to save and validate all transaction data but only the "main chain" (which only contains few transactions) and the last 1440 blocks of the child chains. That brings a scalability advantage of about 3500% (that means >35x more transactions can be processed with the same effort and storage space) regarding to NXT 1 and a similar advantage to Bitcoin.
The change is that big that it would be impossible to deploy it as a soft fork. What can be criticised is the method of distribution with an ICO for half of the IGNIS coins. I also openly have criticised the proposal to release Ardor/Nxt2 under a "shared source" license (the JPL) which would not be OSI/FSF compatible. If this proposal is maintained, I think Ardor will have very low chances to really take off.
Hi all,
The IGNIS distribution model looks like a scam against investors and the NXT subreddit looks like to be full of pumper and dumpers, and haters in general. The whole situation is very sad.
Long story short, NXT developers knew in advance both IGNIS and ARDOR distributions models, which are based on NXT holdings in a period of developers choice, and could have exploited heavily this knowledge by buying NXT before the public could even know about any IGNIS distribution detail (developer's discussions are not public), and then profiting on the pump which came after the announcement. The NXT price chart indeed reflects the most typical pump-and-dump scheme, where after the ARDOR and IGNIS announcements have been made, a 10X increase happens, for then fading out quickly, with dumpers dumping on investors. Moreover, there are not third parties checking NXT developers statements, and it is not clear if the release of IGNIS (or ARDOR for the matter) was necessary. They are justified for "introducing new features", but for the majority of cryptos new features are introduced with soft forks, rather than duplicating coins (chart: https://poloniex.com/exchange#btc_nxt).
I am trying to make my concerns heard on the NXT subreddit (https://www.reddit.com/r/NXT/comments/6hazwj/serious_concern_about_devs_credibility/ and https://www.reddit.com/r/NXT/comments/6gzedp/scamshots/) but I keep getting accused of spreading FUD and they keep reassuring me that developers did not do anything bad. I do not have evidence of any wrongdoing, but the crypto space is full of scammers and being skeptical is very healthy. Moreover, the subreddit is full of "buy buy buy" people.
The whole situation should be clarified for creating a safer crypto environment.
I need help.
The IGNIS distribution model looks like a scam against investors and the NXT subreddit looks like to be full of pumper and dumpers, and haters in general. The whole situation is very sad.
Long story short, NXT developers knew in advance both IGNIS and ARDOR distributions models, which are based on NXT holdings in a period of developers choice, and could have exploited heavily this knowledge by buying NXT before the public could even know about any IGNIS distribution detail (developer's discussions are not public), and then profiting on the pump which came after the announcement. The NXT price chart indeed reflects the most typical pump-and-dump scheme, where after the ARDOR and IGNIS announcements have been made, a 10X increase happens, for then fading out quickly, with dumpers dumping on investors. Moreover, there are not third parties checking NXT developers statements, and it is not clear if the release of IGNIS (or ARDOR for the matter) was necessary. They are justified for "introducing new features", but for the majority of cryptos new features are introduced with soft forks, rather than duplicating coins (chart: https://poloniex.com/exchange#btc_nxt).
I am trying to make my concerns heard on the NXT subreddit (https://www.reddit.com/r/NXT/comments/6hazwj/serious_concern_about_devs_credibility/ and https://www.reddit.com/r/NXT/comments/6gzedp/scamshots/) but I keep getting accused of spreading FUD and they keep reassuring me that developers did not do anything bad. I do not have evidence of any wrongdoing, but the crypto space is full of scammers and being skeptical is very healthy. Moreover, the subreddit is full of "buy buy buy" people.
The whole situation should be clarified for creating a safer crypto environment.
I need help.
NXT to Ignis snapshot was publicly known one year ago. NXT price increased last year was for NXT to ARDR snapshot.
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