Topic: NXT coin the next bitcoin protocol? - page 2. (Read 3869 times)

If you have time they don't...

https://www.ccedk.com

Nxt has fiat pairs available in:

EUR
USD
GBP
DKK
SEK
NOK
CHF
RUB
UAH
CNY

nxt will not overtake bitcoin. as i believe its more of a application platform than a coin itself. the coin comes second. And regardless all coins must go through the BTC > Fiat gateway.

Nobody cared that Satoshi owned thousands of coins.
Like if BTC is not an insider stuff.
It must be insider as it protrudes from a single individual to the whole community.
It is a temporary phase.

i have invest all my money in nxt and assets

It would be the logical decision.

NXT prevails as the less flawed and most advanced cryptocoin nowadays.

The blockchain data shows ever increasing adoption, I don't think anybody expected Bitcoin levels of transactions after just 1 year. But they are increasing.

https://nxtblocks.info/#section/blockexplorer_charts

I am using May 2014 as that was the launch of the first major feature users could use, Asset Exchange.

Transactions per day has gone up more than ten fold.

May 14: 200 - 500 transactions per day
Jan 15: 5500 - 7000 transactions per day

The growing steepness of the curve in Cumulative transactions per day shows how transactions are increasing at a faster and faster rate.


With the  transactions per day increasing, the Average transactions per block per day is also rising, which is good for forgers.

May 14: 0.3 - 0.6 transactions per block per day
Jan 15: 8 - 11 transactions per block per day


No crypto shows signs of wide adoption (even Bitcoin). Nxt does show positive, concrete signs of growing adoption and at an ever increasing rate. Something must be going right 

What do you mean by next bitcoin protocol? I really doubt that any coin/platform can do better than bitcoin(wide adoption already here, big players onboard)

I am personally impressed by NXT from technical perspective - lots of features, written from scratch, great community...the problem is - it never show a sign of wide adoption, the devs are pushing and pushing for new features but they never do enough for PR and marketing ...maybe it's too late now?

is it still an insider coin if you can buy it on numerous public exchanges?

Making money:
Lets say you bought 1M Nxt a year ago.
You forged 24/7 for 1 whole year.
After 1 year, you would have forged 5'000 Nxt.
(which seems about right if we look at historic data)

Right now, this translates to
64 USD

Hm. Looks like the real Elwar gone for good and sold his account.

It depends what you are targeting them for. There will be a lot of devs and UI guys out of work pretty soon 

you got that right. those who want it already bought it.

the nxters need get out in the real world and push adoption instead of spamming this forum.

Yes, probably right. Most of 1the Nxt users still consider users of btt as the target audience. But the market on here is already saturated.

people from nxt should just avoid btt altcoins section and keep working on the project. they should be focused on doing well at payments expo 2015...  where it matters.

Damn accurate analogy. Several years ago, I was forced to try an old beat up. scratched to hell Ubuntu coz windoze permacrashed (imagine that). Since then, I have never looked backed. I completely see NXT in the same regard.

Those with the patience to "get" NXT have opportunities that would be considered almost Johnny Mnemonic-like Sci-Fi even as recent as a decade ago. I am definitely all chips in w/NXT [aka AltcoinWarrior on the NXT forum].

It could be .

It was started by an anonymous person called BitCoinNext (BCNext) and designed to fix the flaws that led to Bitcoin's centralization.  You decide.

Answer is going to be more complex that a simple 'yes':

NXT is one of the most effective, tested and secure current alternatives to the BTC protocol and blockchain.
It may even be the best BTC alternative blockchain, if you take a look at it's dominance of the Asset markets...
http://coinmarketcap.com/assets/

Here are the accounts that did all the NXT forging over the last 30 days:
(Forging = 'mining', confirming transactions to secure the blockchain):

https://nxtblocks.info/#section/blockexplorer_charts

I make that 15 "whale" accounts confirming 60% of blocks, with 40% of block confirmations spread out over the little guys.
Seems fair enough, though it could be better. But, still, it's not 12 accounts forging all the blocks, by a long way.

It was never the intention of NXT to make serious money by forging blocks......NXT is a platform, not a simple currency.
People can make money/add value by building applications on top of NXT.....like the Nxtty App:

If you're gonna rag on something, get it right. Nxtty is a third party project that utilises some features of NXT.
It's not a NXT core component, but a project in its own right, seperate from NXT.
Whether it succeds or fails has precisely nothing to do with how functional NXT and its network are.
This is like saying that BTC sucks because of Gems.


Heres another good effort:

So...do you wanna show me any of this hype?
MS is a good feature, might even be  as useful as the Asset Exchange sometime soon, but right now it's a baby.
Though, having said that, there are now something like 760 MS currencies created, and every single one of these currencies represents someone trying to set up their own project, whether it's just for a laugh, or a serious project.

NXT allows people to do whatever the hell they want, and provides a selection of powerful features to allow/assist users. That's it.

NXT is simply the Linux of crypto: complicated, powerful, de-centralised, completely open and somewhat controversial.
If NXT critics would prefer to give their hard-earned cash to a more corporate/centralised project, there are plenty to choose from.  
 

you forgot about the fact that 12 accounts forge all the blocks. its an insider coin. either you are in the club or you dont make money.

Sometimes I wonder where all the hate comes from...


First it started with "Nxt is not open source!" (hint: it was open source since day one, everyone could decompile the jar files)

Then:"But the code is ugly, it's one large file!" (hint: It did the purpose, and look at it now, it looks very clean and well written)

Then the famous J. Garzik said: "But the hashes don't match!" (hint: If you compile Java with different compilers, hashes usually don't match. Why didn't he just look at the diff of the source files?)

Then: "But it could be attack with Nothing at stake attack!!!!" (hint: kushti wrote a scientific papers incl. hard math that states N@S is not a danger)

Now: "OMG circlejerk scamcoin wtf dickriders"...


Come on guys... seriously 

Some Nxt followers may come across as nerdy and sometimes arrogant, but it's just because they try to defend against statements such as the above.