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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1473. (Read 2761645 times)

newbie
Activity: 20
Merit: 0
0.0005 by end of the day
member
Activity: 112
Merit: 10
just sent 0.06BTC to poloneix.com
will report here to keep people updated with my experience
at a glance it looks like poloneix is going to be a dgex killer

Bter is the DGEX killer. Wink

i have heard that bter has very restrictive withdrawal limits
100~100000 NXT per day.

yeah bter I believe changes the amount possible to withdrawal based on volume. I remember DOGE having the same problem early on as well.

It would make sense for them to do this to 1) maintain liquidity for everyone to trade and 2) they can profit from the transactions when there is a fee 3) they profit from the spread similar to coinbase.

Higher volume higher withdrawal or higher volume lower withdrawal? Also what is the idea behind this. What is it intended to accomplish?

*edit* it would make a lot of sense if they were doing fractional reserve. lets hope thats not why Cheesy
sr. member
Activity: 602
Merit: 268
Internet of Value
Hey guys i have Adam Levine's nxt account number Grin. This guy is about as big as they come in the crypto-currency world. you should all send him some donations imo. 2976219914929693803

too bad klee isn't on. i bet his donation would be epic.

How do we know that is him ?

Thanks Anon. You are great. These guys are finally paying attention.

well i did offer him 25,000NXT. so its not too surprising that he would make a wallet.

I am going to send him some tips too. But for the amount you sent him, that is why we should have the common funding system working.
legendary
Activity: 1722
Merit: 1217
Hey guys i have Adam Levine's nxt account number Grin. This guy is about as big as they come in the crypto-currency world. you should all send him some donations imo. 2976219914929693803

too bad klee isn't on. i bet his donation would be epic.

How do we know that is him ?

Thanks Anon. You are great. These guys are finally paying attention.

well i did offer him 25,000NXT. so its not too surprising that he would make a wallet.
sr. member
Activity: 602
Merit: 268
Internet of Value
Hey guys i have Adam Levine's nxt account number Grin. This guy is about as big as they come in the crypto-currency world. you should all send him some donations imo. 2976219914929693803

too bad klee isn't on. i bet his donation would be epic.

How do we know that is him ?

Thanks Anon. You are great. These guys are finally paying attention.
legendary
Activity: 1722
Merit: 1217
Hey guys i have Adam Levine's nxt account number Grin. This guy is about as big as they come in the crypto-currency world. you should all send him some donations imo. 2976219914929693803

too bad klee isn't on. i bet his donation would be epic.

How do we know that is him ?

Because I am a man of my word. Sorry I don't know what else to tell you. Undecided
legendary
Activity: 1120
Merit: 1000
Does anyone else love the fact that Doge is trading $14mil a day?  At least it shows the crypto community has a sense of humor.  That is going be one massive crash and burn.  

maybe not - it has the potential to replace litecoin.  Should have got a few million when they first came out, instead i got 7.8M worthless ADT....ugh

That would be awesome, wish I bought some too, but oh well.

I had a comfy 2Mill, but now - ugh...
legendary
Activity: 1470
Merit: 1004
Does anyone else love the fact that Doge is trading $14mil a day?  At least it shows the crypto community has a sense of humor.  That is going be one massive crash and burn.  

maybe not - it has the potential to replace litecoin.  Should have got a few million when they first came out, instead i got 7.8M worthless ADT....ugh

That would be awesome, wish I bought some too, but oh well.
legendary
Activity: 1120
Merit: 1000
Hey guys i have Adam Levine's nxt account number Grin. This guy is about as big as they come in the crypto-currency world. you should all send him some donations imo. 2976219914929693803

too bad klee isn't on. i bet his donation would be epic.

So awesome I've been waiting for something like this! The good news just keep on coming!
sr. member
Activity: 602
Merit: 268
Internet of Value
Hey guys i have Adam Levine's nxt account number Grin. This guy is about as big as they come in the crypto-currency world. you should all send him some donations imo. 2976219914929693803

too bad klee isn't on. i bet his donation would be epic.

How do we know that is him ?
member
Activity: 101
Merit: 10
somebody is buying all shares at bter !!!

full member
Activity: 238
Merit: 100
Does anyone else love the fact that Doge is trading $14mil a day?  At least it shows the crypto community has a sense of humor.  That is going be one massive crash and burn.  

maybe not - it has the potential to replace litecoin.  Should have got a few million when they first came out, instead i got 7.8M worthless ADT....ugh
legendary
Activity: 1806
Merit: 1001
bter current withdrawal limit is 200000 NXT per day

There is a pretty steady 5% to 10% premium on bter vs dgex, currently .000113 vs .0001, people clearly don't like withdrawal fees.

bter volume (NXT/BTC + NXT/CNY) is bigger than all other exchanges combined

Any sane exchange would add NXT as soon as possible to get a piece of this trading volume. NXT is #4 by 24 hr trading volume:

BTC: $21 million
DOGE: $14 million
LTC: $5.6 million
NXT: $2.4 million (bter CNY+BTC and dgex)
peercoin and namecoin <$ 1 million

It is possible peercoin or namecoin might total more from all the different exchanges they are on. No sure how coinmarketcap.com adds up total volume. Still $2.4 million per day is a good amount of distribution. Most of the sales seem to be in <10,000 NXT lots so this means a lot of new NXT'ers were created today. Most probably don't even have a client running yet.

Very big developments. Of the top 10 market cap coins, only NXT and DOGE were gainers today and both by very big amounts. The two weeks after source release might have been the last chance to get NXT at super low prices.

James

Does anyone else love the fact that Doge is trading $14mil a day?  At least it shows the crypto community has a sense of humor.  That is going be one massive crash and burn.  

I like Doge, I even bought 16K just to be part of it. For me Nxt haters and Doge haters are the same lousy trolls. Nxt offers lots of innovations, Doge offers lots of fun. How somebody can not like Doge  Smiley I also see no reason for crush. At least not more then for Ltc and other forks.
legendary
Activity: 1722
Merit: 1217
Hey guys i have Adam Levine's nxt account number Grin. This guy is about as big as they come in the crypto-currency world. you should all send him some donations imo. 2976219914929693803

too bad klee isn't on. i bet his donation would be epic.
newbie
Activity: 20
Merit: 0


somebody is buying all shares at bter !!!
legendary
Activity: 1470
Merit: 1004
bter current withdrawal limit is 200000 NXT per day

There is a pretty steady 5% to 10% premium on bter vs dgex, currently .000113 vs .0001, people clearly don't like withdrawal fees.

bter volume (NXT/BTC + NXT/CNY) is bigger than all other exchanges combined

Any sane exchange would add NXT as soon as possible to get a piece of this trading volume. NXT is #4 by 24 hr trading volume:

BTC: $21 million
DOGE: $14 million
LTC: $5.6 million
NXT: $2.4 million (bter CNY+BTC and dgex)
peercoin and namecoin <$ 1 million

It is possible peercoin or namecoin might total more from all the different exchanges they are on. No sure how coinmarketcap.com adds up total volume. Still $2.4 million per day is a good amount of distribution. Most of the sales seem to be in <10,000 NXT lots so this means a lot of new NXT'ers were created today. Most probably don't even have a client running yet.

Very big developments. Of the top 10 market cap coins, only NXT and DOGE were gainers today and both by very big amounts. The two weeks after source release might have been the last chance to get NXT at super low prices.

James

Does anyone else love the fact that Doge is trading $14mil a day?  At least it shows the crypto community has a sense of humor.  That is going be one massive crash and burn.  
full member
Activity: 148
Merit: 100
You're welcome to try and solve this enigma with me  Smiley.

Realistically, it would be such a phenomenal pain in the ass to game the system that I doubt anyone would try.
Why would it be a pain? Just run a script somewhere which votes randomly shortly before deadline on everything.
The controller just disables it in rare cases he wants to vote on something.    

No other solution than vote per nxt can exist.  
sr. member
Activity: 602
Merit: 268
Internet of Value
Yes, my approach lessens the voting weight of accounts that share similar voting patters. I posted a walkthrough of the methodology a while ago but I guess it flew over people's heads.

votingweight = ( 1 / similarity ) ^ (4/3) * (accountbalance)^(1/3) * (accountage)^2 (timesvoted)^(3/2)


or something along these lines. "similarity" increases as accounts make the same voting choices as other accounts.

timesvoted= amount of times that account number has voted

timesvoted prevents people from creating additional accounts to circumvent the similarity variable


Similarity is very easily defeated by voting randomly on issues which doesn't concern the real voter.

You're welcome to try and solve this enigma with me  Smiley.

Realistically, it would be such a phenomenal pain in the ass to game the system that I doubt anyone would try.

Real world voting system is also far from perfect. So let's be constructive and test the system and improve it gradually.

We did many polls before such as rewards, logo etc., which can be subject to multiple type of manipulation. But then no one had any complaint about the result and we can move on to other things.

Here is one of the poll I did earlier https://bitcointalksearch.org/topic/nxt-voting-on-the-scope-of-authority-of-the-funding-committee-423241 and the result looks pretty legit to me. You are welcome to vote there or manipulate it if you like. It should be clear that the poll is not authoritative but we can still use it as an anchor to move forward if no one has a strong objections.

If we want to get things done, we should do things pragmatically. I would like to see coolmist's system being tested in a complete form to see how it differs to simple poll results.  

  
legendary
Activity: 1806
Merit: 1001
I think all the action going on over at BTER is going to make some other exchanges take a serious look at NXT.

Considering that Cryptsy and Victurex are testing Nxt for quite a while it should be traded on both exchanges pretty soon.

source?

https://bitcointalksearch.org/topic/m.4580790

Also someone quoted their e-mail:
We are setting up a prototype to validate the feasibility. As this is a new coin with a new API, this might take some time, a listing is not confirmed, we are evaluating it.
---------------------
Best regards
Your Vircurex Team
---------------------
Become a Vircurex Shareholder, https://cryptostocks.com/securities/34


UPD: Can't find anything about Cryptsy, but I see nothing to prevent them from trading Nxt since it's on Bter already and will probably go to Vircurex soon.
legendary
Activity: 1176
Merit: 1134
bter current withdrawal limit is 200000 NXT per day

There is a pretty steady 5% to 10% premium on bter vs dgex, currently .000113 vs .0001, people clearly don't like withdrawal fees.

bter volume (NXT/BTC + NXT/CNY) is bigger than all other exchanges combined

Any sane exchange would add NXT as soon as possible to get a piece of this trading volume. NXT is #4 by 24 hr trading volume:

BTC: $21 million
DOGE: $14 million
LTC: $5.6 million
NXT: $2.4 million (bter CNY+BTC and dgex)
peercoin and namecoin <$ 1 million

It is possible peercoin or namecoin might total more from all the different exchanges they are on. No sure how coinmarketcap.com adds up total volume. Still $2.4 million per day is a good amount of distribution. Most of the sales seem to be in <10,000 NXT lots so this means a lot of new NXT'ers were created today. Most probably don't even have a client running yet.

Very big developments. Of the top 10 market cap coins, only NXT and DOGE were gainers today and both by very big amounts. The two weeks after source release might have been the last chance to get NXT at super low prices.

James
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