that would mean Nxt surpasses BTC within a year. possible, but maybe not that realistic.
surpasse maybe not because BTC maybe growing too
yeah, but we shouldn't forget our coinbase is 12x larger than LTCs and 48x larger than BTCs.
Topic: NXT :: descendant of Bitcoin - Updated Information - page 1415. (Read 2761645 times)
that would mean Nxt surpasses BTC within a year. possible, but maybe not that realistic.
surpasse maybe not because BTC maybe growing too
yeah, but we shouldn't forget our coinbase is 12x larger than LTCs and 48x larger than BTCs.
I was at 3800 something peers this time yesterday
Grrr....i'm back down to 500 after my 5.9 upgrade on the VPS. Still, it looks pretty stable, so I'm coming to get ya.....
I heard somebody said Next is going to be 30$ in 2 years, what do you guys think? for 1 year and 2 year?
I'm going to step out on a limb, knowing it's going to fall and someone more informed than me will point and laugh. That's why i like this thread, lots of smart folks here.
My layman's bullish*t guess -- I don't see any reason why NXT can't be in LTC territory in 2 years ($25). None at all. Asset Exchange + colored coins, aliases, arbitrary data/messaging, voting... the optimist in me says once these features are in place + major exchanges, NXT can be in LTC range by this fall. This year, 2014, $25+.
The realist in me says I'm a fool.
The realist in me thinks NXT = $8-$10 in 12-24 months. Only with promised features delivered and working, plus 3rd party support with services like Bitpay, SMS gateway, etc. And with a lot of hard work by the community, and a lot of luck (scoring positive articles in the media to drive adoption, etc)
that would mean Nxt surpasses BTC within a year. possible, but maybe not that realistic.
surpasse maybe not because BTC maybe growing too
I heard somebody said Next is going to be 30$ in 2 years, what do you guys think? for 1 year and 2 year?
I'm going to step out on a limb, knowing it's going to fall and someone more informed than me will point and laugh. That's why i like this thread, lots of smart folks here.
My layman's bullish*t guess -- I don't see any reason why NXT can't be in LTC territory in 2 years ($25). None at all. Asset Exchange + colored coins, aliases, arbitrary data/messaging, voting... the optimist in me says once these features are in place + major exchanges, NXT can be in LTC range by this fall. This year, 2014, $25+.
The realist in me says I'm a fool.
The realist in me thinks NXT = $8-$10 in 12-24 months. Only with promised features delivered and working, plus 3rd party support with services like Bitpay, SMS gateway, etc. And with a lot of hard work by the community, and a lot of luck (scoring positive articles in the media to drive adoption, etc)
that would mean Nxt surpasses BTC within a year. possible, but maybe not that realistic.
What happened with BTER? There is no action at all.
just very small transactions, so does DGEX.
Have new candidate for the encryption review: Julian Assange , the guy is a living legend and he is a cryptographer imagine he would be saing good stuff about nxt...
here he talks a lot about bitcoin and namecoin , i think he will really appreciate the Alias system http://wikileaks.org/Transcript-Meeting-Assange-Schmidt?nocache
PS : and may be accept donations in nxt for wikileaks
here he talks a lot about bitcoin and namecoin , i think he will really appreciate the Alias system http://wikileaks.org/Transcript-Meeting-Assange-Schmidt?nocache
PS : and may be accept donations in nxt for wikileaks
What is the 2nd and 3rd parts of the plan?
Come on CfB! Give us a little more info
This is the 1st part - https://bitcointalksearch.org/topic/transparent-mining-or-what-makes-nxt-a-2nd-generation-currency-364218
What is the 2nd and 3rd parts of the plan?
Come on CfB! Give us a little more info
What is the 2nd and 3rd parts of the plan?
Come on CfB! Give us a little more info
What happened with BTER? There is no action at all.
I'm an NXT enthusiastic, but we need it's source code so people can trust the coin before it loses it's value.
Are any of you technical and articulate folks able to make it for Friday if funds are not an issue? This is such a huge opportunity, and I would love to see someone like Anon or JoeFox there. I bet we can pull together some funds to get one of you there if you're able to clear your schedule. I would gladly chip in a couple hundred $-worth of Nxt, and I think others definitely would as well.
I am technical and articulate and have been slowly sifting through source code to understand things better, BUT I don't feel like I could field questions from cryptographers or software engineers without imploding. I can talk about Nxt, and some of the challenges it faces, but the CfB-BCNext filter is a little too opaque to be useful for understanding the deep fundamentals (after only two months of this stuff, the exhaustion is overwhelming: "the source code is the whitepaper!", "community must decide", "Enigma!", "Tease!", "u are incorrect check thread for answers plz", "wait for third part of plan", "many riddles in the source if you look", etc.)
I'd say some nice things about Nxt, and then one guy would raise his hand and ask "can you explain the rationale behind basing a cryptocurrency on a mix of Curve25519, EC-KCDSA, and SHA-256 when no papers exist that assess the semantic security of that particular Diffie-Hellman key exchange algorithm, and it is has only traditionally been favoured for its calculation speeds?", and I would suddenly smell toast and collapse into an apoplectic heap, muttering "just ask Beyonce it all comes from Beyonce" and weeping. THEN watch the price.
It's a real Catch-22. Getting a chance to take part in a panel that would be included in the (always awesome and SO VALUABLE) Let's Talk Bitcoin podcast is *exquisite*, but the person to talk about the advent and future of metacoins is currently living in Belarus and busy until April.
MY VOTE would be for someone like wesley, ferment, opticalcarrier, rickyjames or ricot.
I think noone will be able to tell about Nxt. Only BCNext would but he can't due to obvious reason.
Nxt source code indeed is full of riddles and traps. For example, we can't run testnet with another genesis block coz we would definitely trigger some traps.
BCNext modified EC-KCDSA to inject a flaw (we r safe, don't worry) and to increase requirements to hardware Nxt wallets.
Also, it's impossible to write a whitepaper now, coz we haven't seen 2nd and 3rd parts of the plan yet.
Are any of you technical and articulate folks able to make it for Friday if funds are not an issue? This is such a huge opportunity, and I would love to see someone like Anon or JoeFox there. I bet we can pull together some funds to get one of you there if you're able to clear your schedule. I would gladly chip in a couple hundred $-worth of Nxt, and I think others definitely would as well.
I am technical and articulate and have been slowly sifting through source code to understand things better, BUT I don't feel like I could field questions from cryptographers or software engineers without imploding. I can talk about Nxt, and some of the challenges it faces, but the CfB-BCNext filter is a little too opaque to be useful for understanding the deep fundamentals (after only two months of this stuff, the exhaustion is overwhelming: "the source code is the whitepaper!", "community must decide", "Enigma!", "Tease!", "u are incorrect check thread for answers plz", "wait for third part of plan", "many riddles in the source if you look", etc.)
I'd say some nice things about Nxt, and then one guy would raise his hand and ask "can you explain the rationale behind basing a cryptocurrency on a mix of Curve25519, EC-KCDSA, and SHA-256 when no papers exist that assess the semantic security of that particular Diffie-Hellman key exchange algorithm, and it is has only traditionally been favoured for its calculation speeds?", and I would suddenly smell toast and collapse into an apoplectic heap, muttering "just ask Beyonce it all comes from Beyonce" and weeping. THEN watch the price.
It's a real Catch-22. Getting a chance to take part in a panel that would be included in the (always awesome and SO VALUABLE) Let's Talk Bitcoin podcast is *exquisite*, but the person to talk about the advent and future of metacoins is currently living in Belarus and busy until April.
MY VOTE would be for someone like wesley, ferment, opticalcarrier, rickyjames or ricot.
I think noone will be able to tell about Nxt. Only BCNext would but he can't due to obvious reason.
Nxt source code indeed is full of riddles and traps. For example, we can't run testnet with another genesis block coz we would definitely trigger some traps.
BCNext modified EC-KCDSA to inject a flaw (we r safe, don't worry) and to increase requirements to hardware Nxt wallets.
Also, it's impossible to write a whitepaper now, coz we haven't seen 2nd and 3rd parts of the plan yet.
Also consider this. If we have noone there, nxt related questions may rise anyway. And they can say something not so good about it. So we must have someone to speak up for Nxt.
That's another valid point. Whoever is talking to Adam about the event, I'd recommend explaining the situation. We have a network engineer heading down to Miami that handles some PR and organization efforts with Nxt. He's not a programmer but versed in the direction of the coin and has a pulse on the community involvement. Would that work for your panel?
I've met Adam and been on LTB for Feathercoin in the past. Great group of people, I know they just want the best interviews possible.
I think dzarmush has made a very strong case for making sure SOMEONE represents Nxt at "Let's Talk Bitcoin".
As it stands, NiftyNickel will be at the conference, and we have not yet heard from him whether he's game. My guess is he'd step up if needed, but of course I don't know him at all. Given the short timeframe we have, instead of asking "who is the most qualified to speak", we should ask "who thinks they'd be more prepared to handle this discussion than NiftyNickel". If NiftyNickel is the best person we have to represent Nxt at the moment, then let's establish that ASAP.
I heard somebody said Next is going to be 30$ in 2 years, what do you guys think? for 1 year and 2 year?
That "somebody" was wrong. By the end of this year we'll see 100$ for 1 NXT.
Oh boy... there he goes again... my Bid will never be filled now!!!
pssst you must take him with a grain of salt....
I heard somebody said Next is going to be 30$ in 2 years, what do you guys think? for 1 year and 2 year?
That "somebody" was wrong. By the end of this year we'll see 100$ for 1 NXT.
Don't get too excited - could be a huge dollar-crash as well
I heard somebody said Next is going to be 30$ in 2 years, what do you guys think? for 1 year and 2 year?
That "somebody" was wrong. By the end of this year we'll see 100$ for 1 NXT.
LOL
I heard somebody said Next is going to be 30$ in 2 years, what do you guys think? for 1 year and 2 year?
That "somebody" was wrong. By the end of this year we'll see 100$ for 1 NXT.
Hahaha xD
I heard somebody said Next is going to be 30$ in 2 years, what do you guys think? for 1 year and 2 year?
That "somebody" was wrong. By the end of this year we'll see 100$ for 1 NXT.
My other concern is what if someone has computers creating a database brute force of 20 digit account numbers and corresponding passphrases that open those account numbers, then they just constantly scan the blockchain for accounts that are sent NXT for the first time that haven't sent NXT out yet and if the number matches a number in their database they can go grab the coins immediately?
That sound like a serious issue to me. Any other toughts on this subjet by other members?
EDit: with 64bits per account, to store every accounnts number, it requires a dictionnary of about 2048 petabytes... neverminds!
Anyway, later we'll add "Pay-to-256bit-address" transaction type.
Jump to: