Topic: NXT :: descendant of Bitcoin - Updated Information - page 174. (Read 2761645 times)

To da Earth!

heu, they will program a program to exchange the coin on a external centralized exchange. Sorry, no exchange built in.

THX

Damn. I am sorry to hear that. 

I have been watching from the sidelines, and even though you all have labeled Emule as a "troll" and that I am him (amongst many other members ), he does have a point here.

NXT needs to go back to being a currency and once the currency part of it is in place, then you focus on the AE.

Here's a reminder: Don't forget your target audience, the average crypto investor.

yes.

So the hashrate pool has an exchange built in where all kind of crapcoins can be exchanged for nxt?

you all making the mistake to devaluate nxt, to just a base(platform) to build on with no value on itself.

things create on top of nxt could have value, but nxt itself does not

I can point my miner at a pool or multi-pool and mine crapcoin
Then I have to sell this through an exchange myself.

Basically hashrate do both steps for you - the fees are paid out of the coins traded on the exchanges for NXT.
They take a pool fee from the NXT 1%
The rest is sent to you.

Responded, check your PM



It doesn't have to be going forward... The marketing strategy has to be different : Most people have not clue what an asset/ decentralized exchange is..But I would argue that more than a third of the world population understand what it means to invest in a company no matter what the denominating currency is...They will likely find a way to invest if there is a potential return on investment and that way is wesleyh client.
There is a road split right now:

On one side of the split guerrilla / shotgun marketing which targets every and all outlets to spread awareness and onboard new user, has worked for us initially(great work to the marketing team. The community cannot thank you enough): people are now aware of what NXT is, at least most people who understand and are involved in crypto currencies. This will continue to work, but will not spur viral adoption. Should our major strategy continue on this path?

On the other side of the split: is to understand how continuing on the shotgun marketing approach will significantly limit the effectiveness of the appeal of the asset exchange...change this strategy and market to companies with potential...Again most people do not understand what an asset exchange is, I would say that more people understand what it means to invest in a company and receive dividends...I would argue that even your average joe understands this...The difference is the amount of time it would take for a potential on-boarder to understand what needs to be done to complete a goal...and for investing in a company, its way less time than understanding the concept of and asset exchange and one of the major determining factors in success of marketing/outreach.



An example solution to increase the amount of likely profitable businesses is to provide bounties to companies who can develop a plan and a business model that shows how it will make money(key factor!), how it will attract users, development....etc all the element of a project to become successful...This will become immensely valuable to the companies and most importantly to the NXT platform because on one hand, we are enabling projects/business to thrive and on the other end, Nxt gains Indirect investors who are on-boarded by these companies, we will have hubs of autonomous companies bringing new users to the NXT platform everyday. If you do not understand this study Google's model: advertisers and content creators, apple app store and developers (businesses who market their product on the platform), amazon and its sellers/affiliates/ ebay...The list goes on..Yet nxt is hoping to become a platform greater than all of these, with currency as the first app..The early right marketing strategy is necessary if we are to retain competitive edge against the likes of euthereum....

Understand this...

In the short term (2-6 months) I don't think we will likely accomplish what bitcoin has because of infrastructure already developed and barriers to entry:
(1) technical : the concept of public ledger and Fundamental understanding of what money is, why overcoming "double spending" is important
(2) Ideological/political inclinations
(3) Mainstreaming and mainstream educational information which has stood the test of time, educating and on-boarding new users



But in the short term: We could do a better job of assimilating more people already involved in other crypto and help them see the light because NXT naturally is superior to most coins as of right now...Also people might skip the on-boarding process through bitcoin the "educational phase" all together to invest in companies whose shares are denominated in NXT.

And then we will have ease of use and features in wesleyh client :http://nxtra.org/nxt-client/ , cfb digital marketplace plus the allure of the possible and constant return on investment from the companies IPO'ing on the NXT blockchain  to continue to help get the newbies educated...

Also CFB's digital goods store might be a game changer, look out for its IPO but we should not solely depend on just this one company..

Just my 2 nxts

I am dong my part as I can, back to work...

oh its ok, i mean their little organized brains might explode with 2400 pages

Nxt: Exchange you can believe in.

how many nxts do you you get per day using 420 KH/s? just roughly...

But there must be some cost associated (buying nxt from exchanges to pay the miners etc.). Who is paying for this?

Oh, is that not liked? I am mainly a lurker!

ugh you linked reddit users to the main thread? start the fun machine!

+1

Done.

too fancy.

Hey guy, I want your opinion on the following brand or slogan for Nxt.

Please go post your opinion on the new nxt forum:
http://107.170.117.237/index.php/topic,79.0.html