Topic: NXT :: descendant of Bitcoin - Updated Information - page 1706. (Read 2761645 times)

The real Chuck Norris coin!

https://bitcointalksearch.org/topic/ann-getvisacoinsibling-of-nxtborn-for-retribution-deterrent-409696

If this guy is serious NXT might have a competitor.

if u clearly understand these features n can explain iy in non tech terms to me on Skype,  I can use my sales/marketing background to come up with the necessary names to make it easy for people to understand n adopt.  I can not help on coding but I can definitely help on the sales/marketing aspect of nxt.

To NXT devs and DGEX！To NXT devs and DGEX! It is very important !
The DEVs are thinking if the price of NXT is low, people are willing to buy NXT, but it is wrong, people would buy coins when see price rising！
希望NXT团队除了重视技术创新之外，也要兼顾市场运作。
重视市场运作不等于单纯的市场炒作，而是要把现在NXT存在的问题，即：过于重视技术、轻视市场的观念和做法纠正过来，让市场这条瘸脚发挥作用。
进入NXT这个市场的绝大多数人，他们的根本想法其实是想在NXT这一市场赚钱，而不是单纯为了NXT的技术有多好。
要想实现赚钱这一目标，就只有NXT的价格上涨才能实现，否则有多少人会进入NXT市场？
我们来看看，去年12月25号左右时，NXT价格在0.00012左右，为什么那么多人疯狂的买入，DGEX的24H成交量2000多万 NXT？
现在，1月12日，DGEX的24H成交量为什么才100多万NXT，只有原来的20分之一？

我早说过了，NXT最大的硬伤或说先天缺陷，就是原始股东股权太集中，只有解决了这个问题，NXT才能有长远的发展。
如果要解决原始股东股权太集中的问题，就只有让NXT币尽快从原始股东手中尽量多的分散出去这一途径。其实，这也是DGEX交易网设立的最重要使命。
但是，现在DGEX交易网的交易量缩到了地板上，这难道不是NXT发展的最大障碍吗？
造成这一现象的最根本原因，就是我前面说的，是NXT团队对于市场的错误认识和做法造成的。
所谓的错误认识是指：NXT团队错误的认为只有低价才会有更多人接受NXT，才会进入这一市场。看看NXT成交量的变化，我们就知道这一想法有多么的脱离现实！！
所谓的错误做法是指：NXT团队的原始大股东，利用自已手中的天量NXT币筹码来人为的压制NXT的价格，使NXT的价格无法更多的由市场的力量主导运行。
对NXT价格必要的干预是有益的，但象现在这样脱离市场实际的、完全的死死控制住NXT的价格，其结果就是我们现在最不愿看到的：NXT的价格和成交量已经死了！

正如前面所述，这正是NXT发展的最大障碍！
希望NXT团队尽快认识并立即开始解决以上问题：NXT团队原始大股东不要再利用手中的天量NXT币筹码来人为的压制NXT的价格，让更多的市场力量主导NXT的运行，

从而让NXT的价格和成交量再次活跃起来，让原始大股东手中的天量NXT币尽快的分散开来。这样，NXT才能健康稳定的发展。



To NXT devs and DGEX！To NXT devs and DGEX! It is very important !
The DEVs are thinking if the price of NXT is low, people are willing to buy NXT, but it is wrong, people would buy coins when see price rising！
Beyond hope NXT team apart from the emphasis on technological innovation, to balance the market.
Importance to the functioning of markets does not mean mere marketing hype, but to NXT problem now, namely: concepts and practices that are too technical, too little market corrected, and let the market play a role this lame.
Enter the NXT the vast majority of people in this market, their basic idea NXT this market to make money, not just for the sake of NXT technology has much good.
To achieving the goal of making money, only the NXT price increases can be achieved, or how many will enter the NXT market?
We'll see on December 25 last year at around, price around 0.00012 NXT, why do so many people buy DGEX 24H turnover of more than 20 million NXT?
Now, on January 12, the trading volume was more than 1 million NXT DGEX 24H, only one in 20 of the original?

I've already told you, NXT's biggest inherent problems or birth defects, is the original shareholders ' equity is too concentrated, only solves this problem, NXT to long-term development.
If you want to solve the problem of original shareholders ' equity is too concentrated, only the NXT dollars out of the hands of original

shareholders spread out that way as much as possible. In fact, this is the most important mission of DGEX trading network established by the.
However, the DGEX exchange trading volume now cut down to the floor, isn't that the NXT the greatest obstacle to development?
The most fundamental factor contributing to this phenomenon, is what I said earlier, is NXT team caused by misconceptions and the market practices.
So-called mistake means: NXT team mistakenly think only a low price would have greater acceptance of NXT, will enter the market. Changes in NXT turnover, we know how much this idea out of touch with reality!!
By wrong practices mean: NXT team's original shareholders, since trading volume was in the hands of chips to artificially suppress prices of NXT ,NXT currency, makes NXT cannot run more dominated by market forces.
Price of necessary interventions for NXT is useful, but the actual market and completely as is now the case out of the tightly controlled NXT price, the result is that we now wanted to see: price and volume of the NXT is dead! As mentioned earlier, this is the NXT the greatest obstacle to development!
Hope NXT team know as soon as possible and immediately began to address the above issues: NXT team days in hands of original shareholders not to use chips to artificially suppress prices of NXT NXT currency, more market power of the dominant NXT run, so NXT price and volume came alive again, volume was in the hands of original shareholders NXT spread in Canadian dollars as soon as possible. In this way, NXT to the healthy and stable development!

A Raspberry Pi only uses 2W at most:  400ma @ 5V.  This has to come from a power supply that has some conversion efficiency of 50-80% or so.  Let's be conservative and say we're using a 50% efficient wall plug transformer.  Then each Raspberry is using 4W of wall power to generate the 2W it actually needs to run.  Say electricity is $0.15 per kWh.  Then in a year of 365*24 = 8760 hours, a single Raspberry Pi is going to use 8760 * 4 = 35,040 watt-hours or 35 kWh per year costing 35 * 0.15 = $5.25 of electricity per year.  

Thus the power to run a Pi is thus real but pretty negligible in the overall cost picture.  You can run 25 Pis nonstop for a solid year for the same amount of juice required to leave a 100W incandescent bulb on day and night for a year.

As a reasonable estimate, a single Pi costs around $120 as capital outlay to set it up for a year of service as an NXT node:  $35 for the Pi itself; $30 more for the memory card, cables, cluster support gear, etc; $ 5 for a year's worth of power; and say $50 per year (around $4 / mo) to park it in a server farm.  A network of 300 Pis thus costs $36,00 to set up and run for a year (of which $15,000 per year or $1250 per month is "office rental" and "human tech support" and "internet bandwidth").  

If there are truly 5000 NXT per day generated in transaction fees as assumed above, that's 365*5000 = 1,825,000 NXT per year.  If you are using 300 Pis at $36,000 per year to capture ALL those transaction fees, you are spending $36,000 / 1,825,000 NXT = $0.02 per NXT or around 2 pennies per NXT to capture the NXT using Raspberry Pis.  At 0.00005 BTC/NXT and $800/BCT, a NXT is currently worth $0.04 or 4 pennies each.  

Rough ballpark estimate: Capturing NXT with Raspberry Pis could double your money in a year at current NXT prices.  The Raspberry cost is fixed; the return-on-investment ROI gets better and better the higher and higher NXT goes.

http://coen.boisestate.edu/ece/files/2013/05/Creating.a.Raspberry.Pi-Based.Beowulf.Cluster_v2.pdf

I seem to recall that people are setting up VPSs for around $20 per month or $240 per year, which is double the cost of setting up a Raspberry Pi for a year as outlined above.  Thus while NXT is at its current $0.04 each, capturing NXT with VPSs is a break-even proposition.

These are actually great numbers.  The return-on-investment or ROI for forging NXT is positive NOW and will be even more profitable when NXT coins become more valuable.  Thus even with NXT as a Proof-of-Stake coin without mining, there is STILL financial motivation for people to run the nodes required to keep the NXT system going.  For a pre-mined coin, that is a remarkable statement.

Oh and the daily cost of the NXT support web running on 300 Raspberry Pi nodes is $36,000 / 365 = $98.63 per day, call it $100 per day.  Do it on 300 VPSs instead, and the daily NXT support web cost is around $200 per day.

Each transaction, Let the customers pay the transaction fee .

Is it possible to create a notice or something on the client to let users know the problem so that new users dont get scared n confused? This would greatly enhance user friendliness.  Remember,  the biggest fear that new adopters of cryptos have is being scammed or ripped off.  If u r a client developer. .. a simple notice can eliminate a lot of fear for everyone even if u know there is a glitch or bug in the client n u havent figured out how to fix it... its ok just let everyone know.  Good job on the client.

I'm building an exchange for nxt, which aims to be trading/deposting/withrawing in automatic mode. But it seems like people can only send from one adddress to another rather than many-to-many like bitcoin, this will cause a huge transaction fee. 

so I'm wondering when will the official client support many-to-many transaction?  Is there a roadmap.

Withdrawal fees deter new users to join..
Not all investors are profitable, Withdrawal fee is unreasonable.

Regular exchanges as btc-e:

exchange fees :0.2%
Withdrawal fees : 0.001 btc.


new exchanges:

https://nxtchg.com/     
http://www.newaltex.com/


And I want to have NXT vs dollar (nxt_usd) exchange
I think it should be very easy to pop up

+1

That's Dgex fault, nothing to do with Nxt, be patient.

The DEVs are thinking if the price of NXT is low, people are willing to buy NXT, but it is wrong, people would buy coins when see price rising.

That account's keys were never generated.  That is hiberNXT since 12344 doesnt have a public key on the blockchain.

translate.google
Greetings NXT community . How to get 500 coins NXT, and began to watch this topic , thinking how I could help in advertising this currency ( Painfully idea that currency I like , you can say all in one) . I do not know how to program the foreign languages ​​do not really know , to make transfers in general benefit from me as from goat milk. With that I can say and met New Year )

And now to business.
Every day I work on the hedgehog to get to the elevator car must be overcome in which this year advertisement appeared that I can say already learned by heart while traveling in the elevator at work and home . And then it hit me , why not use it for advertising NXTa?

Looks like the photo is not much doing on the phone. http://4.firepic.org/4/images/2014-01/12/wopg4icpofa4.jpg

Now they share in February , they give block size 100x100mm for advertising only 0.25 USD for a month. ( They did not collect themselves more advertisers, as I understand it , that's selling the place is not expensive ) . 40 apartments on the staircase , on average 2 people per apartment, and that 80 people will see advertising NXTa within a month. In our town of about 2,500 elevators !They also offer a discount of up to $ 0.17 in February. At first advertising in another larger city in which they are authorized to putting up ads. ( They say 10k lift. , The exact figure can not say , because no working elevators do not glue )

Well, now the questions:
1 -
2 Can I use ready-made logos from the Internet, I will not break someone's rights, it?
3 -
4 Well, the most important question in the right direction I 'm going or not worth it for the sake of spending time and money . What do you think ?

If you answered question 4 is positive, then a little help to pay for advertising and would like to order them myself ad unit , instead of doing it yourself. (I think they will do it better than I do ) NXT 3835961952440929402

Cut half of the questions because they do not belong to the English forum threads .
The original post  https://bitcointalksearch.org/topic/m.4459699

To NXT devs and DGEX！To NXT devs and DGEX! It is very important !
The DEVs are thinking if the price of NXT is low, people are willing to buy NXT, but it is wrong, people would buy coins when see price rising.
希望NXT团队除了重视技术创新之外，也要兼顾市场运作。
重视市场运作不等于单纯的市场炒作，而是要把现在NXT存在的问题，即：过于重视技术、轻视市场的观念和做法纠正过来，让市场这条瘸脚发挥作用。
进入NXT这个市场的绝大多数人，他们的根本想法其实是想在NXT这一市场赚钱，而不是单纯为了NXT的技术有多好。
要想实现赚钱这一目标，就只有NXT的价格上涨才能实现，否则有多少人会进入NXT市场？
我们来看看，去年12月25号左右时，NXT价格在0.00012左右，为什么那么多人疯狂的买入，DGEX的24H成交量2000多万 NXT？
现在，1月12日，DGEX的24H成交量为什么才100多万NXT，只有原来的20分之一？

我早说过了，NXT最大的硬伤或说先天缺陷，就是原始股东股权太集中，只有解决了这个问题，NXT才能有长远的发展。
如果要解决原始股东股权太集中的问题，就只有让NXT币尽快从原始股东手中尽量多的分散出去这一途径。其实，这也是DGEX交易网设立的最重要使命。
但是，现在DGEX交易网的交易量缩到了地板上，这难道不是NXT发展的最大障碍吗？
造成这一现象的最根本原因，就是我前面说的，是NXT团队对于市场的错误认识和做法造成的。
所谓的错误认识是指：NXT团队错误的认为只有低价才会有更多人接受NXT，才会进入这一市场。看看NXT成交量的变化，我们就知道这一想法有多么的脱离现实！！
所谓的错误做法是指：NXT团队的原始大股东，利用自已手中的天量NXT币筹码来人为的压制NXT的价格，使NXT的价格无法更多的由市场的力量主导运行。
对NXT价格必要的干预是有益的，但象现在这样脱离市场实际的、完全的死死控制住NXT的价格，其结果就是我们现在最不愿看到的：NXT的价格和成交量已经死了！正如前面所述，这正是NXT发展的最大障碍！
希望NXT团队尽快认识并立即开始解决以上问题：NXT团队原始大股东不要再利用手中的天量NXT币筹码来人为的压制NXT的价格，让更多的市场力量主导NXT的运行，从而让NXT的价格和成交量再次活跃起来，让原始大股东手中的天量NXT币尽快的分散开来。这样，NXT才能健康稳定的发展。

All:  I have created a discussion area specifically for dealing with this matterr of how to handle these unclaimed coins.  Please see the forum board at https://forums.nxtcrypto.org/viewforum.php?f=54

I expect we should have different threads in there, discussion of the board, multisig, operations, different ideas of what to do with the coins, etc

Sad to see the volume on Dgex going down from over 500 BTC to 50 BTC where it is atm...

We need those new functions AND marketing to drive things forward.

I have been researching Bitcoin over the past few days as a prerequisite for saying something intelligent in the NXT whitepaper.  I think the NXT whitepaper needs an initial 3-4 pages outlining Bitcoin and its weaknesses to show how NXT is innovative and solves those problems.  Regarding the 51% attack / 33% attack / whatever% attack scenarios, I came across this must read article on Bitcoin written just a few days ago:

http://qz.com/165273/the-existential-threat-to-bitcoin-its-boosters-said-was-impossible-is-now-at-hand/

worked well,received email.