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Topic: NXT :: descendant of Bitcoin - Updated Information - page 1891. (Read 2761645 times)

legendary
Activity: 1176
Merit: 1134

Agreed, Dgex is dominating the forum right now with a lot of negativity, perhaps we should move this over to the trading forum and focus on the code release.

+1 vote for keeping this thread as technical and positive as possible.

Please take drama (dgex, partial source release, cries of unfairness, cries of under appreciation, discussions of ripple, etc, etc) to an appropriate area of http://nextcoin.org.

RickyJames's open letters should stay. Those are entertaining.  Grin


+2 need to keep this thread contained and informative. Marketing for Ripple gateway should also move to nextcoin or nxtcrypto forum.

NXT price is down 20% due to what dgex did. Do you think I am advocating the peercover gateway to make a few bucks promoting ripple? It is a strategic need for NXT to be able to trade freely. Now on the day of src release, NXT opponents will say the price dropped 20%. This does not bother you? This belongs in some backwater thread?

My interest is in long term NXT valuation. Dropping 20%+ on source code release day kind of makes it hard to spin it in a positive way. If we can establish a market price untainted by giant fees tacked on without warning in any other way, let me know.

I just don't feel nxtchg's server can handle replacing dgex volumes. I also wouldn't want to trade there if any glitch makes my NXT disappear and that's the terms of service.

James

P.S. this whole thing could be an orchestrated attempt to hurt NXT. Does this not bother anybody else?
hero member
Activity: 566
Merit: 500
That is not right, you can't change fees when you own nearly 90M NxT + X BTC of your customers without giving a timeframe to withdrawal with the old rules.
Would you kindly suggest how to deal with the missing 800k NXT please? Consider the rate of NXT shoots up significantly, not that I would have 70 BTC extra in my pockets to cover it right now.

DGEX offered people free trading of NXT for 5 weeks.
hero member
Activity: 672
Merit: 500
I put 48K from our bounty pool for code review, will pay it according to CfB instruction.

Jean-Luc should instruct, he is the boss.
My guesses are becoming true Wink
full member
Activity: 184
Merit: 100
on DGEX you can sell NXT for 0.081 mBTC - on NxtChg you get 0.088 mBTC.
the more exchanges the better. I hope BTC-e will increase the competition soon.
hero member
Activity: 695
Merit: 500
Hey, something strange happened to me today. After I noticed that I seemed to be on a fork (my block did not correspond to the one on the blockexplorer), I copied my blocks.nxt files to a backup location and then deleted them in my client folder. Then I copied a older blockchain in to the folder (from block 29k) but it did not get any new blocks, even after 10 min of waiting and 20+ active peers. I also tried to download from scratch, but no luck, same thing. Just won't download the block chain Tongue

Any thoughts what I can do to get the block chain to download?
Thanks!


when this happens I blow away the whole nxt folder and unzip the latest ver and then copy over a blockchain backup annd restart.  sometimes ill reboot.  its the only way to be sure (nuke it from orbit)

Tried all of that, already. Deleted everything, rebooted my PC, copied the files from the download folder in my Nxt folder, tried to download from scratch and tried to download with may backup blocks.nxt....
Nothing helped (usually it dose)

What version? 0.4.8+? Catch blocks from block 0.

First I was using 0.4.8 then after this problem accursed I also downloaded version 0.4.9e....both with no luck
And yes, I ryed to catch the blocks from block 0....aswell as from block 29k (my back up )

Though something I do notice now, which is strange, there are no .nxt.back files
legendary
Activity: 1092
Merit: 1010
IMO DGEX can ask for all the fees he likes. People can choose not to do business there, and in the end that works out due to market movements.

It's the no prior warning to shutting down the logins AND THEN asking for fees that rubs me the wrong way.
That's like locking a customer in a store and refusing to let him out without payment.
That isn't done, or even legal in any scenario.

I would also advise, in the strongest way possible, to release the people who had stored money without fees during a grace period, and then resume business with fees.

I have no problems with the fees per se. That's DGEX's right as a business. Offering people no choice what to do with the funds they have deposited in good faith is a different matter.
I'm pretty sure it isn't legal.

Edit: taking my further comments to the forum Trade section from here.

That is not right, you can't change fees when you own nearly 90M NxT + X BTC of your customers without giving a timeframe to withdrawal with the old rules.

That is what I said...
full member
Activity: 121
Merit: 100
@CFB

Where and when the NXT main function p2p Asset Exchange now?
legendary
Activity: 1190
Merit: 1001
Dgex that is not right, you can't change fees when you own nearly 90M NxT + X BTC of your customers without giving a timeframe to withdrawal with the old rules.
legendary
Activity: 1092
Merit: 1010
IMO DGEX can ask for all the fees he likes. People can choose not to do business there, and in the end that works out due to market movements.

It's the no prior warning to shutting down the logins AND THEN asking for fees that rubs me the wrong way.
That's like locking a customer in a store and refusing to let him out without payment.
That isn't done, or even legal in any scenario.

I would also advise, in the strongest way possible, to release the people who had stored money without fees during a grace period, and then resume business with fees.

I have no problems with the fees per se. That's DGEX's right as a business. Offering people no choice what to do with the funds they have deposited in good faith is a different matter.
I'm pretty sure it isn't legal.

Edit: taking my further comments to the forum Trade section from here.
legendary
Activity: 2142
Merit: 1010
Newbie
Hey, something strange happened to me today. After I noticed that I seemed to be on a fork (my block did not correspond to the one on the blockexplorer), I copied my blocks.nxt files to a backup location and then deleted them in my client folder. Then I copied a older blockchain in to the folder (from block 29k) but it did not get any new blocks, even after 10 min of waiting and 20+ active peers. I also tried to download from scratch, but no luck, same thing. Just won't download the block chain Tongue

Any thoughts what I can do to get the block chain to download?
Thanks!

What version? 0.4.8+? Catch blocks from block 0.
full member
Activity: 238
Merit: 100
Hey, something strange happened to me today. After I noticed that I seemed to be on a fork (my block did not correspond to the one on the blockexplorer), I copied my blocks.nxt files to a backup location and then deleted them in my client folder. Then I copied a older blockchain in to the folder (from block 29k) but it did not get any new blocks, even after 10 min of waiting and 20+ active peers. I also tried to download from scratch, but no luck, same thing. Just won't download the block chain Tongue

Any thoughts what I can do to get the block chain to download?
Thanks!


when this happens I blow away the whole nxt folder and unzip the latest ver and then copy over a blockchain backup annd restart.  sometimes ill reboot.  its the only way to be sure (nuke it from orbit)
legendary
Activity: 1176
Merit: 1134
I won't use Ripple no matter how appealing it may seem. Sorry but the foundation is rotten.

Agree. I see no future in Ripple. The same old thing.

Regardless of its future we can trade NXT/BTC without fees, now. Not the future. Peercovers business model is long term and based on forging fees.

As much as people say they don't like ripple, I see a lot in common between them, but let's not get into some sort of debate over if it has a future or not. Not really the point. ripple is here to stay, so is NXT. Why not utilize ripple for what it is able to do?

James

P.S. I forgot 20XRP is the minimum, you need 30XRP to start trading. I will send 30XRP to anybody that needs it. Just send me back 10NXT or .001 BTC or the 30 XRP when you are setup
But we could just as well buy some XRP for Bitcoin and then spent those on NXT.
How much of the ripples does the company hold?

yes you can do that, but it requires more sophistication and complexity. If we stick to just NXT/BTC then no need to worry about XRP rates, etc. Ripple has dozens of independent markets, the company holds about 20% from what I can tell with its "founders". They have also stated that they will give away 55% to the world, which they are actually doing through their WCG giveaway. The rest I imagine they are selling.

I told you there are similarities between ripple and NXT. They are both proof of stake, they both have "founders" that still own a big chunk. They are both still in beta test. Really more like cousins and I think we should work together instead of compete. There are plenty of competitors out there.

Long term ripple offers fiat gateway services to NXT, actually it already does. This is a useful thing to have for NXT'ers

James
sr. member
Activity: 602
Merit: 268
Internet of Value

Agreed, Dgex is dominating the forum right now with a lot of negativity, perhaps we should move this over to the trading forum and focus on the code release.

+1 vote for keeping this thread as technical and positive as possible.

Please take drama (dgex, partial source release, cries of unfairness, cries of under appreciation, discussions of ripple, etc, etc) to an appropriate area of http://nextcoin.org.

RickyJames's open letters should stay. Those are entertaining.  Grin


+2 need to keep this thread contained and informative. Marketing for Ripple gateway should also move to nextcoin or nxtcrypto forum.
legendary
Activity: 1470
Merit: 1004

Agreed, Dgex is dominating the forum right now with a lot of negativity, perhaps we should move this over to the trading forum and focus on the code release.

+1 vote for keeping this thread as technical and positive as possible.

Please take drama (dgex, partial source release, cries of unfairness, cries of under appreciation, discussions of ripple, etc, etc) to an appropriate area of http://nextcoin.org.

RickyJames's open letters should stay. Those are entertaining.  Grin


Haha, yes, RickyJames's can definitely stay!
legendary
Activity: 2142
Merit: 1010
Newbie
I put 48K from our bounty pool for code review, will pay it according to CfB instruction.

Jean-Luc should instruct, he is the boss.
sr. member
Activity: 392
Merit: 250
I created a ripple wallet on peercover.
Do we need to create a Ripple wallet on ripple.com too?

My address is rErGtTgdEoRba1d6vYF2kCHw3oX6Y9Wt5x
and how can i deposit some NXT?



sent you 30XRP
I think you can use a peercover ripple wallet as it is just a ripple wallet that is linked to peercover. If it doesn't work, let me know and I will find out. You can always just make another wallet and send XRP to your new wallet

To deposit NXT go to the simpleGateway URL in my sig. Click on deposit and NXT and follow instructions

James

When i go to the URL in your sig, i go to https://peercover.com/#/profile
hero member
Activity: 695
Merit: 500
Hey, something strange happened to me today. After I noticed that I seemed to be on a fork (my block did not correspond to the one on the blockexplorer), I copied my blocks.nxt files to a backup location and then deleted them in my client folder. Then I copied a older blockchain in to the folder (from block 29k) but it did not get any new blocks, even after 10 min of waiting and 20+ active peers. I also tried to download from scratch, but no luck, same thing. Just won't download the block chain Tongue

Any thoughts what I can do to get the block chain to download?
Thanks!
full member
Activity: 168
Merit: 100
IDEX - LIVE Real-time DEX

Agreed, Dgex is dominating the forum right now with a lot of negativity, perhaps we should move this over to the trading forum and focus on the code release.

+1 vote for keeping this thread as technical and positive as possible.

Please take drama (dgex, partial source release, cries of unfairness, cries of under appreciation, discussions of ripple, etc, etc) to an appropriate area of http://nextcoin.org.

RickyJames's open letters should stay. Those are entertaining.  Grin
hero member
Activity: 672
Merit: 500
DGEX is a business and they can charge anything they want.  BUT accepting deposits under the pretense of a 0% withdrawal fee and then changing that to a 1.2% withdrawal fee after the deposits have been received and with no notice is just WRONG.

Agreed, Dgex is dominating the forum right now with a lot of negativity, perhaps we should move this over to the trading forum and focus on the code release.
I put 48K from our bounty pool for code review, will pay it according to CfB instruction.
PS: we should just ban using dgex, go after better alternatives, that is the only way to correct a business shit hole. Do you know any other exchange that charges 1.4% for btc withdrawal?? Even mtgox doesn't do that. Still that opportunist jumps in to defend?!
legendary
Activity: 1176
Merit: 1134
I created a ripple wallet on peercover.
Do we need to create a Ripple wallet on ripple.com too?

My address is rErGtTgdEoRba1d6vYF2kCHw3oX6Y9Wt5x
and how can i deposit some NXT?



sent you 30XRP
I think you can use a peercover ripple wallet as it is just a ripple wallet that is linked to peercover. If it doesn't work, let me know and I will find out. You can always just make another wallet and send XRP to your new wallet

To deposit NXT go to the simpleGateway URL in my sig. Click on deposit and NXT and follow instructions

James
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