NXT :: descendant of Bitcoin - Updated Information - page 1305.

allwelder

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Quote from: swartzfeger on January 28, 2014, 01:45:38 AM

Quote from: allwelder on January 28, 2014, 01:31:55 AM

Quote from: ?? on ??

I don't know about the rest of you, but when I talk about it I call it N.X.T., not "Next". This alleviates any confusion in the language.

agree,that is always N x t, not other anything.

I've always verbalized it as 'next', not N X T.

.: shrug :. Undecided

Not sure if it matters or if we need consensus.

BCNext also said that it is Nxt .

IMO,if it is called or pronounced next, many people will misunderstand "Nxt" as "nextcoin".

abctc

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Quote from: rickyjames on January 27, 2014, 06:08:20 PM

Quote from: bithic on January 27, 2014, 05:37:22 PM

Quote from: rickyjames on January 27, 2014, 05:32:36 PM

So, just curious...How many of these spots will run in three months? And what is the estimated number of listeners per spot?

I think its two episodes per week, with a listener base of 10000.

So we are paying a CPM of around $75 for this advertising. That's really expensive.

I'm not saying these audio spots are a bad idea, I don't know. I'm saying $20K is a LOT of real money for an advertising budget.
...

- agree 100%. Personally I think LTB do not worth this pile of money. A lot of non-native english speakers can not listen to ads, but they can read (articles, forums ads ...).

PeercoinEnthusiast

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JustabitofTime - Co-Founder of CoinTropolis

Quote from: landomata on January 28, 2014, 01:57:06 AM

Quote from: nexern on January 27, 2014, 07:17:04 PM

Quote from: rickyjames on January 27, 2014, 06:08:20 PM

So we are paying a CPM of around $75 for this advertising. That's really expensive.

I'm not saying these audio spots are a bad idea, I don't know. I'm saying $20K is a LOT of real money for an advertising budget.

If we are ready to spend that kind of cash, we should consider print ads in Bitcoin Magazine.

For $20K we could get full page color ads on page 1 for the next three years in a printing of 25,000 in each month's production run.

http://bitcoinmagazine.com/advertising/

http://btcmag.9wizards.netdna-cdn.com/wp-content/uploads/2013/12/BITCOIN-Pricing-List-Interactive-Issues-17-19_web.pdf

This would have a CPM of around $20-$25. Don Draper of Mad Men would say that's three times more effective. Plus every ad could have a QR code or URL that would sweep the user immediately on to more info.

+1

do both...radio spots & print ads (doesn;t have to be 1st page but should be full page)

BOTH ARE ESSENTIAL....WE PLUG THE RASPI/ENERGY EFFICIENCY TECHNICAL STUFF IN PRINT or WEBSITE.

NOTE: isn't the Bitcoin magazine editors oppose to Nxt??

Bad rumor, I just heard back from Elizabeth introducing me to her writers.

PeercoinEnthusiast

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JustabitofTime - Co-Founder of CoinTropolis

I recommend designing some Nxt Polos or Long Sleeves for future conferences. The Bitshares and Ethereum crew really stood out when they walked around the conference.

landomata

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Quote from: jl777 on January 27, 2014, 07:08:49 PM

Quote from: bitcoinpaul on January 27, 2014, 07:01:13 PM

We should stay with the plan of paying 230k nxt for this campaign and reserve the slots for the next months.
Keep in mind that Ethereum and emunie are on their way... nxt needs to be and stay in people's minds.

While long term etherium and emunie will probably get tangled in legal issues regarding their IPO's lack of formality, in the short term, they are coming out EXACTLY when NXT is vulnerable. Until April, we could actually have slightly less features than emunie.

I know this is a tech oriented community, but I hope you can understand that sometimes it is prudent to substitute marketing/PR for a gap in tech. It is only a temporary thing and maybe it won't be a big deal, but what if people make emunie a giant success and take the thunder away from NXT? Is that a risk we should take when we don't have to?

Marketing as DEFENSIVE weapon. Marketing to make people excited about NXT and wait until April to decide between NXT, emunie and etherium. By then, the lawyers might already be circling one or both of those, so it would be game over in favor of NXT.

That is a nice outcome and well worth taking the chance with 10 million NXT that is inching closer and closer to the incinerator. It is like a use it or lose it vacation time. Let's use it. Now is the perfect time to use these funds. It will make all of our NXT worth that much more in the long run. That is what I want. Don't you?

James

I AGREE 100%.....we are in competition people....NEW COKE IS A BETTER TASTING PRODUCT THAN CLASSIC COKE....but we all know how that ended.

landomata

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Quote from: nexern on January 27, 2014, 07:17:04 PM

Quote from: rickyjames on January 27, 2014, 06:08:20 PM

So we are paying a CPM of around $75 for this advertising. That's really expensive.

I'm not saying these audio spots are a bad idea, I don't know. I'm saying $20K is a LOT of real money for an advertising budget.

If we are ready to spend that kind of cash, we should consider print ads in Bitcoin Magazine.

For $20K we could get full page color ads on page 1 for the next three years in a printing of 25,000 in each month's production run.

http://bitcoinmagazine.com/advertising/

http://btcmag.9wizards.netdna-cdn.com/wp-content/uploads/2013/12/BITCOIN-Pricing-List-Interactive-Issues-17-19_web.pdf

This would have a CPM of around $20-$25. Don Draper of Mad Men would say that's three times more effective. Plus every ad could have a QR code or URL that would sweep the user immediately on to more info.

+1

do both...radio spots & print ads (doesn;t have to be 1st page but should be full page)

BOTH ARE ESSENTIAL....WE PLUG THE RASPI/ENERGY EFFICIENCY TECHNICAL STUFF IN PRINT or WEBSITE.

NOTE: isn't the Bitcoin magazine editors oppose to Nxt??

PeercoinEnthusiast

full member

Activity: 126

Merit: 100

JustabitofTime - Co-Founder of CoinTropolis

Quote from: swartzfeger on January 28, 2014, 01:45:38 AM

Quote from: allwelder on January 28, 2014, 01:31:55 AM

Quote from: ?? on ??

I don't know about the rest of you, but when I talk about it I call it N.X.T., not "Next". This alleviates any confusion in the language.

agree,that is always N x t, not other anything.

I've always verbalized it as 'next', not N X T.

.: shrug :. Undecided

Not sure if it matters or if we need consensus.

Nikel and I were joking around about the 'We're so decentralized' comments at the conference:

We're so decentralized, we can't even get a speaker on a plane to represent 'us'
We're so decentralized, if we had models like Bitpay, they would all be wearing different outfits at different conferences
We're so decentralized, voting on how to vote seems too central

and now...

We're so decentralized, we don't even agree on know how to pronounce our own eco-system

Nxt.. there's no u in us... oh wait, there is.

PeercoinEnthusiast

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JustabitofTime - Co-Founder of CoinTropolis

Quote from: allwelder on January 28, 2014, 01:40:26 AM

Quote from: ?? on ??

Quote from: allwelder on January 27, 2014, 10:25:33 PM

Quote from: bitcoinpaul on January 27, 2014, 09:35:21 AM

yes

https://vircurex.com/welcome/index?alt=btc&base=nxt&locale=en

with Bter adding Nxt ,price boom up ;
with Vircurex adding Nxt,price is quiet.

Vircurex is a low volume exchange and bter akready stole all the thunder by supporting it first.

Yes, Bter is a clever business provider

There's so much more to this puzzle (in my opinion) than just volume. When I sit down with businesses, it helps when we're added to established exchanges... that's allows me access to the next level of businesses. Once we build that relationship, we ask for mutual introductions and we hit another level. The contacts we have now are literally waiting for us to hit a few more levels, added to a few more exchanges.. this is how it works in my experience.

Every jump helps open doors for Nxt to slam dunk future meetings. Vircurex is important for a number of reasons in my world.

swartzfeger

full member

Activity: 350

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Quote from: allwelder on January 28, 2014, 01:31:55 AM

Quote from: ?? on ??

I don't know about the rest of you, but when I talk about it I call it N.X.T., not "Next". This alleviates any confusion in the language.

agree,that is always N x t, not other anything.

I've always verbalized it as 'next', not N X T.

.: shrug :. Undecided

Not sure if it matters or if we need consensus.

allwelder

legendary

Activity: 1512

Merit: 1004

Quote from: ?? on ??

Quote from: allwelder on January 27, 2014, 10:25:33 PM

Quote from: bitcoinpaul on January 27, 2014, 09:35:21 AM

yes

https://vircurex.com/welcome/index?alt=btc&base=nxt&locale=en

with Bter adding Nxt ,price boom up ;
with Vircurex adding Nxt,price is quiet.

Vircurex is a low volume exchange and bter akready stole all the thunder by supporting it first.

Yes, Bter is a clever business provider

pinarello

full member

Activity: 266

Merit: 100

NXT is the future

Quote from: jl777 on January 27, 2014, 07:31:43 PM

Quote from: msin on January 27, 2014, 07:24:18 PM

Quote from: jl777 on January 27, 2014, 07:13:06 PM

To the whales out there, I have a question.
If the community voted to spend 10 million NXT in community fund on marketing, how would that affect you:

A) Positively, would buy more
B) Neutrally, no change
C) Negatively, would sell part of all of NXT

Any other comments from the "whale" perspective about NXT marketing spending would be appreciated. If you are thinking this way, then odds are that other potential whales are thinking the same way too.

James

I would be absolutely appalled if we spend 10Mil Nxt on marketing, that is utterly ridiculous.

If we want NXT to get to .01 BTC, we will have to spend money on marketing. There is no way around it. If we like it to be around .0001 BTC, then we can stop all marketing now.

What price do you want NXT to get to? Do you think it will get there without spending money on marketing, especially when there are already two significant competitors that are spending a lot on marketing?

Marketing it a battle for mindshare. If people don't know about NXT and all they hear and see are emunie and etherium, how will NXT price get to .01 BTC?

James

James,

why should we write an blanco cheque. The community gave 600,000 NXT to marketing for starters, lets here salsacz what they did with it and what the results are.

Next I am curious about the campaign for the short term when the client is ready, I want to see that marketing plan and cost.

pinarello

full member

Activity: 266

Merit: 100

NXT is the future

Quote from: salsacz on January 27, 2014, 07:49:50 PM

did this trade wait 6 days for manual transfer to bter? Cheesy

http://87.230.14.1/nxt/nxt.cgi?action=3000&acc=15770669150703653581

can we have an update (in short) on:

spent budget so far?

about "killer" campaign to guide the client launch? (timing to drop the bomb)

overall marketing plan(timing)?

Thank you

allwelder

legendary

Activity: 1512

Merit: 1004

Quote from: ?? on ??

Quote from: jkoil on January 27, 2014, 07:20:54 PM

Quote from: pandaisftw on January 27, 2014, 07:09:05 PM

Quote from: Anon136 on January 27, 2014, 06:19:33 PM

revision 2 (tell me if im getting closer)

Quote

Ready for whats next? Written from the ground up with brand new source code, nxt is the first truely second generation crypto. By melding short term predictibility with longer term uncertanty, nxt's 100% proof of stake security model opens the flood gates for a torrent of breakthrough innovations. The ability to predict future forging nodes allows forgers to build trust within the community. This trust can be leveraged by merchants to acheve instantly secure transactions or by customers to acheve visa level transaction volumes via transaction clearing performed by forgers before recording transactions in the blockchain. Nxt's 100% proof of stake security model eliminates many of the costs associated with blockchain security that are, with bitcoin, presently born by the savers in the form of inflation. Finally, unlike bitcoin with its limited time block subsidy, there is no arbitrarily selected date far off in the future where nxt's security model will be put to the final test, if nxt works now, it will work always.

Here's my take:

Ready for what's NXT? Written from the ground up, NXT is the first true second generation crypto. NXT's unique 100% Proof of Stake security model provides a platform for breakthrough and disruptive innovations. One of these innovations is known as Transparent Forging. With Transparent Forging, the network is capable of achieving instantly-secure transactions at Visa-level transaction volumes. Additionally, NXT's 100% Proof of Stake model completely eliminates the threat of a 51% percent attack, and does away with the enormous electrical and inflationary costs of blockchain security. With all of it's promised features, NXT provides the best and most secure foundation for users and businesses alike. NXT, the Next Generation of Cryptocurrency.

The 1 minute speech should be tested to some people, which are not familiar to NXT.
Then would be also found, if the "next" (NXT), or even "nexts" (NXT's), causes extra wondering in the heard speech Wink

I don't know about the rest of you, but when I talk about it I call it N.X.T., not "Next". This alleviates any confusion in the language.

agree,that is always N x t, not other anything.

PeercoinEnthusiast

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JustabitofTime - Co-Founder of CoinTropolis

Quote from: swartzfeger on January 28, 2014, 01:18:11 AM

Quote from: PeercoinEnthusiast on January 28, 2014, 01:05:23 AM

** Cryptsy Mutal Introduction **

Ok, it's time to do the mutual introduction to move Nxt along on Cryptsy. I need the following people to please PM their email address ASAP:

1. Klee
2. Jean-Luc
3. Nexern
4. Marcus03
5. MinusBalancer

Just sticking my nose in here -- I think Wesley (Mac client, faucet, safari extension etc) should be part of the introduction, too.

Of course, not sure why he fell off the list.. great spot!

swartzfeger

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Quote from: PeercoinEnthusiast on January 28, 2014, 01:05:23 AM

** Cryptsy Mutal Introduction **

Ok, it's time to do the mutual introduction to move Nxt along on Cryptsy. I need the following people to please PM their email address ASAP:

1. Klee
2. Jean-Luc
3. Nexern
4. Marcus03
5. MinusBalancer

Just sticking my nose in here -- I think Wesley (Mac client, faucet, safari extension etc) should be part of the introduction, too.

PeercoinEnthusiast

full member

Activity: 126

Merit: 100

JustabitofTime - Co-Founder of CoinTropolis

** Cryptsy Mutal Introduction **

Ok, it's time to do the mutual introduction to move Nxt along on Cryptsy. I need the following people to please PM their email address ASAP:

1. Klee
2. Jean-Luc
3. Nexern
4. Marcus03
5. MinusBalancer
6. Wesley

bithic

newbie

Activity: 56

Merit: 0

joefox's lastest attempt at the one minute spot:

https://bitcointalksearch.org/topic/m.4791220

I think he nailed it!

bithic

newbie

Activity: 56

Merit: 0

Quote from: salsacz on January 27, 2014, 11:21:44 PM

a sneak peak to my idea about a green Nxt video:
http://www.youtube.com/watch?v=ic_WLMPX888&feature=youtu.be

Great!

Some feedback:

"$301/day for securing network" should maybe be "$301/day to secure entire network", or "total cost to secure entire network: $301/day", because I first thought the $301/day was referring to the guy in the boat.

"Don't freeze on Iceland" should probably be "Don't freeze in Iceland". Although maybe it could be either. If referring to a country it should be "in", if referring to an island it should be "on". *edit* so maybe "on" is fine in this case.

When referring to transactions per second, not everyone will understand what "TPS" means. It might be better to actually say "transactions per second".

BitAddict

legendary

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Quote from: msin on January 28, 2014, 12:15:05 AM

Quote from: Sebastien256 on January 27, 2014, 11:59:37 PM

haha best of the day! Let stick to 1 NXT = 1 VOTE. That is the simpler approach and it seem fair to begin with.

+1, 1 Nxt = 1 Vote, it's the only way to do it in a POS currency.

+1

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: msin on January 28, 2014, 12:15:05 AM

Quote from: Sebastien256 on January 27, 2014, 11:59:37 PM

haha best of the day! Let stick to 1 NXT = 1 VOTE. That is the simpler approach and it seem fair to begin with.

+1, 1 Nxt = 1 Vote, it's the only way to do it in a POS currency.

agreed. if you want to achieve the sort of voting functionality that 1 nxt 1 vote isnt very good for than 1 solved captcha 1 vote will usually work pretty well for those situations.

Topic: NXT :: descendant of Bitcoin - Updated Information - page 1305. (Read 2761638 times)