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Topic: NXT coin - A total scam? - page 24. (Read 49722 times)

sr. member
Activity: 432
Merit: 500
December 13, 2013, 08:42:40 AM
#53

I was also talking to BCNext about a project - creating an exchange and he suddenly disappeared. We agreed and I started working on it and he disappears a couple of weeks later and shuts down the funding.

.

Yep that's because he has made his 21 BTC, now just to sell off whatever NXT he has before the masses realise it's a fake...profit.

Anybody that tries Nxt knows it isn't "fake".

Miztaziggy proved he is a troll. He offered to bet but ignored me when I accepted it and asked for amount and escrow. Let's ignore this poor suckpuppet.

Lol.

We will see. All these poor fools putting money into NXT Sad

It's an obvious scam.

And the term I used 'my bet' is a figure of speech, not a literal term. You probably just misunderstood as you're Russian. Who would have thought a Russian running a totally fraudulent / scam coin eh? Stereotypical, maybe.....
legendary
Activity: 2142
Merit: 1010
Newbie
December 13, 2013, 06:41:29 AM
#52

I was also talking to BCNext about a project - creating an exchange and he suddenly disappeared. We agreed and I started working on it and he disappears a couple of weeks later and shuts down the funding.

.

Yep that's because he has made his 21 BTC, now just to sell off whatever NXT he has before the masses realise it's a fake...profit.

Anybody that tries Nxt knows it isn't "fake".

Miztaziggy proved he is a troll. He offered to bet but ignored me when I accepted it and asked for amount and escrow. Let's ignore this poor suckpuppet.
sr. member
Activity: 266
Merit: 250
December 13, 2013, 06:31:24 AM
#51
I opened topic in my forum http://ecoiner.org/tutorials/nxt-tutorial-111/
let me know if i can give more help.i think nxt not scam.
sr. member
Activity: 644
Merit: 250
December 10, 2013, 05:42:21 PM
#50

I was also talking to BCNext about a project - creating an exchange and he suddenly disappeared. We agreed and I started working on it and he disappears a couple of weeks later and shuts down the funding.

.

Yep that's because he has made his 21 BTC, now just to sell off whatever NXT he has before the masses realise it's a fake...profit.

Anybody that tries Nxt knows it isn't "fake".
legendary
Activity: 2142
Merit: 1010
Newbie
December 10, 2013, 05:26:55 PM
#49

I was also talking to BCNext about a project - creating an exchange and he suddenly disappeared. We agreed and I started working on it and he disappears a couple of weeks later and shuts down the funding.

.

Yep that's because he has made his 21 BTC, now just to sell off whatever NXT he has before the masses realise it's a fake...profit.

I see I just wasted my time trying to explain to u why 20 digit accounts r secure. U were just trolling.
full member
Activity: 238
Merit: 100
December 10, 2013, 05:18:03 PM
#48
I've been reading through the original bitcoin talk thread announcing NXT. As far as I can tell, fundraising was initially announced to be open until the coin launched on Jan 3, but then BCNext closed it without any warning about six weeks earlier than that date after he got 20 BTC (https://bitcointalksearch.org/topic/m.3620732) from only 71 stakeholders even though here he said he wanted at least 250 (https://bitcointalk.org/index.php?topic=303898.300). I still haven't seen an explanation of why he closed the fundraising so early with so few stakeholders. I'm sure more people would have invested if the window stayed open and that would have reduced the concentration.

Does anyone know why this was done? It seems like it would have benefited the coin to keep the fundraising open longer.


I missed out by only a few days as well.  But I think they ended the stakeholder investor period early so they could launch earlier than emunie.
sr. member
Activity: 432
Merit: 500
December 10, 2013, 05:10:26 PM
#47

I was also talking to BCNext about a project - creating an exchange and he suddenly disappeared. We agreed and I started working on it and he disappears a couple of weeks later and shuts down the funding.

.

Yep that's because he has made his 21 BTC, now just to sell off whatever NXT he has before the masses realise it's a fake...profit.
legendary
Activity: 2142
Merit: 1010
Newbie
December 10, 2013, 03:28:20 PM
#46
I've been reading through the original bitcoin talk thread announcing NXT. As far as I can tell, fundraising was initially announced to be open until the coin launched on Jan 3, but then BCNext closed it without any warning about six weeks earlier than that date after he got 20 BTC (https://bitcointalksearch.org/topic/m.3620732) from only 71 stakeholders even though here he said he wanted at least 250 (https://bitcointalk.org/index.php?topic=303898.300). I still haven't seen an explanation of why he closed the fundraising so early with so few stakeholders. I'm sure more people would have invested if the window stayed open and that would have reduced the concentration.

Does anyone know why this was done? It seems like it would have benefited the coin to keep the fundraising open longer.


Yeah this annoyed me as I wanted to invest.

I was also talking to BCNext about a project - creating an exchange and he suddenly disappeared. We agreed and I started working on it and he disappears a couple of weeks later and shuts down the funding.

Someone will clone this and get it done right, this has been handled like a shambles.

Will u launch ur exchange btw?
legendary
Activity: 1344
Merit: 1001
December 10, 2013, 03:26:46 PM
#45
I've been reading through the original bitcoin talk thread announcing NXT. As far as I can tell, fundraising was initially announced to be open until the coin launched on Jan 3, but then BCNext closed it without any warning about six weeks earlier than that date after he got 20 BTC (https://bitcointalksearch.org/topic/m.3620732) from only 71 stakeholders even though here he said he wanted at least 250 (https://bitcointalk.org/index.php?topic=303898.300). I still haven't seen an explanation of why he closed the fundraising so early with so few stakeholders. I'm sure more people would have invested if the window stayed open and that would have reduced the concentration.

Does anyone know why this was done? It seems like it would have benefited the coin to keep the fundraising open longer.


Yeah this annoyed me as I wanted to invest.

I was also talking to BCNext about a project - creating an exchange and he suddenly disappeared. We agreed and I started working on it and he disappears a couple of weeks later and shuts down the funding.

Someone will clone this and get it done right, this has been handled like a shambles.
legendary
Activity: 1367
Merit: 1000
December 10, 2013, 11:54:08 AM
#44
I don't understand why so many of you guys that aren't early investors, and have no real stake in this currency blindly believe that all these features will come to fruition without seeing any evidence.
1) I think the person who don't understand something first of all would do his best to try to understand and not to flood forum with false acquisitions.
2) I saw by my own eyes the evidence that you require. Nobody is hiding it. And you also can see it (if you really want). And that was the reason (and not some "blind belief") that now i have >1M NXT.
hero member
Activity: 492
Merit: 500
December 10, 2013, 10:56:27 AM
#43
71 or 250, what is the difference?

I like the POS but why don't they make  a 100% POS coin with a small mine period?

I don't like this Next coin at all.

Why ? So that the ones with the powerful mining equipment will take all the coins ? What's the difference then ?


+1 PoW is even worse! Why? Because those with access to bleeding edge hardware have big advantage over others.
sr. member
Activity: 602
Merit: 268
Internet of Value
December 10, 2013, 10:41:09 AM
#42
71 or 250, what is the difference?

I like the POS but why don't they make  a 100% POS coin with a small mine period?

I don't like this Next coin at all.

Why ? So that the ones with the powerful mining equipment will take all the coins ? What's the difference then ?

-4 trust rating. Okie.
hero member
Activity: 714
Merit: 500
Skol!
December 10, 2013, 09:36:45 AM
#41
71 or 250, what is the difference?

I like the POS but why don't they make  a 100% POS coin with a small mine period?

I don't like this Next coin at all.
sr. member
Activity: 299
Merit: 250
December 10, 2013, 09:12:52 AM
#40
I've been reading through the original bitcoin talk thread announcing NXT. As far as I can tell, fundraising was initially announced to be open until the coin launched on Jan 3, but then BCNext closed it without any warning about six weeks earlier than that date after he got 20 BTC (https://bitcointalksearch.org/topic/m.3620732) from only 71 stakeholders even though here he said he wanted at least 250 (https://bitcointalk.org/index.php?topic=303898.300). I still haven't seen an explanation of why he closed the fundraising so early with so few stakeholders. I'm sure more people would have invested if the window stayed open and that would have reduced the concentration.

Does anyone know why this was done? It seems like it would have benefited the coin to keep the fundraising open longer.
legendary
Activity: 2142
Merit: 1010
Newbie
December 10, 2013, 09:00:11 AM
#39
The bitcoin source was released, inspected by people with the know how and no major flaw found - hence BTC is relatively stable and I have trust in it. I trust that it isn't a cheap badly written piece of crap that will get ditched and leave every investor with nothing.

Nxt follows in Bitcoin footsteps. Bitcoin wasn't open source from Day 1. Care to beat this argument? Smiley
sr. member
Activity: 432
Merit: 500
December 10, 2013, 08:57:57 AM
#38
I have no motive to obtain the source code. Personally, I couldn't do much with it anyway, I am not an expert in that field at all. I have contacts that could inspect it and tell me what's what.

I am talking about the release of the source in general, to the community.

The bitcoin source was released, inspected by people with the know how and no major flaw found - hence BTC is relatively stable and I have trust in it. I trust that it isn't a cheap badly written piece of crap that will get ditched and leave every investor with nothing.

Now, if the source for this NXT coin is the next big thing, what do the developers have to fear by releasing it, except copy cat coins?

Look how many copy cat bitcoin clones there are and look how Bitcoin is still by far the strongest.

If NXT has what it claims, it has nothing to fear.


You just try to shout down any argument that gets in the way of you selling off your NXT at 300x profit while you can.


I have seen absolutely no arguments from you. One argument you had is that creator gave away coins which is false since all of initial investors bought. High profit for them (I bought on forums later) is here because few want to sell at these rates not because some magic entity said price should be this and that.


No arguments?

My arguments are clear.

1 - No source code released, so how can anyone trust there is more to this coin than meets the eye (ie buggy alpha stage basic coin)?
2 - Other than massive speculation, what's the reason the early investors feel that after a month, they can sell their NXT at 300x the value they bought them at?

I just don't think that until this coin is really tested and proved to be secure etc by the community that people here should blindly buy masses of NXT in the hope of 'getting in early'

I saw a post by some guy saying he had invested nearly $15k into NXT. Either he has more money than sense or is a real gambler, because the truth is no one has any evidence this coin is anything more than we see right now.


legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
December 10, 2013, 08:20:59 AM
#37
It's the usual pump & dump.

Everytime a coin hits an exchange its value goes down a while because early adopters take their profits (see the order book - many "Nxt millionaires" dumping). Then the "real" growth phase can begin, if the coin's fundamentals are solid.

I hope open sourcing of Nxt code is done fast and without helding any code back. Why so scared about clones?
legendary
Activity: 1151
Merit: 1003
December 10, 2013, 06:42:04 AM
#36
I bought it when it's 0.00001112 BTC
now 0.00000312 BTC. %70 loss  Grin

So, it was:
1) usual pump & dump
or
2) many scam accusations have damaged Nxt good name and its rate goes down.
legendary
Activity: 2142
Merit: 1010
Newbie
December 10, 2013, 06:23:20 AM
#35
I don't understand why so many of you guys that aren't early investors, and have no real stake in this currency blindly believe that all these features will come to fruition without seeing any evidence.

U would see a lot of evidence if u disassembled the binaries. A lot of code related to decentralized exchange is still there, coz it was impossible to remove it completely without breaking basic features. Feel free to spend some ur NXTs to find someone who could check that for u.
full member
Activity: 244
Merit: 101
December 10, 2013, 06:22:43 AM
#34
I bought it when it's 0.00001112 BTC
now 0.00000312 BTC. %70 loss  Grin
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