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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1466. (Read 2761645 times)

sr. member
Activity: 294
Merit: 250
*** ANNOUNCEMENT - GOOGLE-PLAY NXT APP is available for DOWNLOAD ***
Developed by: me (http://www.CryptoAlliances.com)

Special Thanks to Klee, CFB, Hash, nifty, and Uniqueorn
We setup a community bounty but no one else contributed...

Did anyone see the new release of the NXT app?
I released it privately since it wasn't heavily funded and I did not reach the community bounty of my ask.
However, I rolled it out privately from those who did invest and now you can access through
Google Play found here => https://play.google.com/store/apps/details?id=com.nextcoin.nxt.app

I will try this again, if you want to support for these efforts simply send NXT: 17932213540910916819

At least now I know the community will back me up because you'll have access to all the important news daily to stay up to date on NXT.
legendary
Activity: 2142
Merit: 1010
Newbie
I do not think it happens

I have exactly the opposite opinion.
hero member
Activity: 600
Merit: 500
Nxt-kit developer
I do not think it happens

if we meet NXT with Bitcoin

NXT 1,000,000,000
BTC 21,000,000

BTC/NXT = 0.021 at this time will be equal

Who cares about BTC?
member
Activity: 112
Merit: 10
damn Bter.com takes a long time to withdraw BTC... its been 30 minutes now and its still "processing"
legendary
Activity: 2142
Merit: 1010
Newbie
why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

Lower price makes big stakeholders to sell more.

sorry to be a pain but could you elaborate on your thought process here.

For example:

I am going to sell 1M of my Nxts @0.00007 (I do not sell in small parts)
Any big invester interested can pm me to discuss it further!
The reason is to buy a new car Smiley
Good day.

In a week he will want to buy a new girl, then a yacht, an island...

It's better if he (and the others) sells at lower price, coz this will require to sell more nxts.
sr. member
Activity: 301
Merit: 250
cashing out at new high is unavoidable Smiley)

Agree. I'm going to sell a few nxts when we hit 1 NXT = 1 BTC.

I do not think it happens

if we meet NXT with Bitcoin

NXT 1,000,000,000
BTC 21,000,000

BTC/NXT = 0.021 at this time will be equal
legendary
Activity: 1722
Merit: 1217
the fees really need to be lowered...

Why?

Because they are getting to high. I mean we all understand that fees are good. They give incentive for stake holders to forge. They keep the block size down so that people aren't storing more transactions than they need to on their computers for all of time. But we should really try to not put ourselves at a competitive disadvantage with bitcoin in this respect. I think the time is just about right to kick it back a single decimal place.

*edit* down to 0.1 nxt, not 0.01 nxt like some people are suggesting.

You should be able to run some stats on blockchain.info to check the average BTC transaction fee.  A while back, when I did this it was about $0.35 each, with a minimum of  $0.09.

0.0001 gets you included every time. less than that may as well be 0. so thats our target imo, somewhere around $0.09
hero member
Activity: 910
Merit: 1000
why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

We need better distribution, imho. Lower price makes big stakeholders to sell more.

+1

More nodes!
full member
Activity: 196
Merit: 100
why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

Lower price makes big stakeholders to sell more.

sorry to be a pain but could you elaborate on your thought process here.

The big ones already hold large amounts of money and they surely want to have some of that cake. A lower price means they have to sell more to eat it.

If the price is ten times as high as now they have to sell only a tenth for the same amount of money.
legendary
Activity: 1232
Merit: 1001
the fees really need to be lowered...

Why?

Because they are getting to high. I mean we all understand that fees are good. They give incentive for stake holders to forge. They keep the block size down so that people aren't storing more transactions than they need to on their computers for all of time. But we should really try to not put ourselves at a competitive disadvantage with bitcoin in this respect. I think the time is just about right to kick it back a single decimal place.

*edit* down to 0.1 nxt, not 0.01 nxt like some people are suggesting.

You should be able to run some stats on blockchain.info to check the average BTC transaction fee.  A while back, it was about $0.35 each, with a minimum of  $0.09.
legendary
Activity: 1722
Merit: 1217
why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

Lower price makes big stakeholders to sell more.

sorry to be a pain but could you elaborate on your thought process here.
legendary
Activity: 2142
Merit: 1010
Newbie
why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.

We need better distribution, imho. Lower price makes big stakeholders to sell more.
legendary
Activity: 1722
Merit: 1217
Because they are getting to high? I mean we all understand that fees are good. They give incentive for stake holders to forge. They keep the block size down so that people aren't storing more transactions than they need to on their computers for all of time. But we should really try to not make it significantly more expensive to transact with nxt than bitcoin. I think the time is just about right to kick it back a single decimal place.

Well, in this case u should bribe Jean-Luc. I prefer to have 1 NXT fee coz it doesn't let the price to rise too high.

why do you want to keep the price low? I'm not saying you are wrong or anything to want that. Just curious.
legendary
Activity: 2142
Merit: 1010
Newbie
Because they are getting to high? I mean we all understand that fees are good. They give incentive for stake holders to forge. They keep the block size down so that people aren't storing more transactions than they need to on their computers for all of time. But we should really try to not make it significantly more expensive to transact with nxt than bitcoin. I think the time is just about right to kick it back a single decimal place.

Well, in this case u should bribe Jean-Luc. I prefer to have 1 NXT fee coz it doesn't let the price to rise too high.

Edit: Another option is wait for VS, AE and AC to be implemented. Then I'm going to set lower fee.
legendary
Activity: 1512
Merit: 1004
I know why Nxt price is rising:


Doge is trying to catch Nxt, Nxt is trying to flee.


You r forbidden to speak, coz every time you open your mouth price NXT explode. Cheesy


Pin

+2
legendary
Activity: 2142
Merit: 1010
Newbie
cashing out at new high is unavoidable Smiley)

Agree. I'm going to sell a few nxts when we hit 1 NXT = 1 BTC.
legendary
Activity: 1722
Merit: 1217
the fees really need to be lowered...

Why?

Because they are getting to high. I mean we all understand that fees are good. They give incentive for stake holders to forge. They keep the block size down so that people aren't storing more transactions than they need to on their computers for all of time. But we should really try to not put ourselves at a competitive disadvantage with bitcoin in this respect. I think the time is just about right to kick it back a single decimal place.

*edit* down to 0.1 nxt, not 0.01 nxt like some people are suggesting.
full member
Activity: 168
Merit: 100
The todays price movement have been also a reason of your great work you’ve done within the last week. I want to say thanks for this awesome community helping Nxt thrive!  Smiley
full member
Activity: 155
Merit: 100
cashing out at new high is unavoidable Smiley)
legendary
Activity: 2142
Merit: 1010
Newbie
I have set up nxt on VPS (digital ocean Debian 7.0 64) and use the GUI locally from my home PC, it shows "recent blocks [-1336]", but the last block is just few minutes ago (46455), so I assume it's ok. Is it correct?

Yes. Just refresh the webpage.
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