Topic: NXT :: descendant of Bitcoin - Updated Information - page 2029. (Read 2761645 times)

Would everyone like a new Nxt exchange? I can get us started on something more appealing than dgex with the communities support.

CfB, go back to serious work and let us have some drama here

Short-selling?

Maybe there's a valid reason.

Please do not make premature conclusions. After Opticalc's notice I found out that Drexme transferred and sold the coins, but AFAIK he hasn't been questioned about it. Maybe there's a valid reason.

Could you be a little more precise? Source? Infos? Don't want to accuse somebody without some little evidence.

THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 

THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 

THIEF ALERT:

We have been maintaining a Nextcoin forums donation giveaway fund that held around 35K of NXT in it, I noticed this morning that it had nearly been drained.  GCInc/Graviton and I did some inverstigation and apparently board member Drexme transferred it all to his DGEX account, sold it for BTC, and skated off with the funds.
 

Isn't he a global moderator ?

If there would be only chat on dgex... It would be so much fun IMO still far from relative bottom in terms of valuation.

People who think the price too high, or unfair distribution, etc -  there’s really not much you can do to convince stakeholders otherwise (or according to rickyjames the top 51 accounts with over 78% of all NxT's) - conflict of interests, beating a dead horse. And they have that right/privilege, and I don't judge them for it. I'd be doing the same thing. But, the stakeholders, and all NxT holders for that matter, can’t exist in the long term without attracting new buyers - buyers have power, too.

The only impact you can really make, as a new buyer, is to choose to buy them at a price you're comfortable with. Bring down demand to what YOU believe is the right valuation for NxT, especially since no new coins can be obtained/mined as with other coins. What do you think it’s worth today? Everybody has their own number. Others just follow the herd and buy at market - poor strategy.

People talk of strategy, and this is mine: two months ago, all 1 Billion coins were acquired at about $4,000 between 73 people. Today, two months later, what do you think all the 1 Billion coins should be worth today? 100x? 1000x? or what current levels say - 4000x-6000x, or $40-80 Million in total? My personal number (and it's not the holy grail, just my opinion, and I put my mouth where the exchange is via a limit order) is 1000x - that’s a 100,000% 2-month return for original risk taken, for something where the source hasn't been released to the public - still pretty damn good - can you name any asset that achieved such a return in 2 months, or even close?

Fair or unfair, I don’t care - this is crypto-capitalism, and such talk of fairness is weak, but everybody has their number as to what they believe is a reasonable return, i.e., a reasonable valuation, for NxT, i.e., a reasonable price to pay if all the information is made aware to the public and is easily obtainable (such info as original IPO amount of $4,000). My number is around 1000x, so that would mean a price of about .000021-.00004. So, that’s what I’m waiting for. Yeah, I still have a small position, and managed to just get some .00006, but I won’t be investing more until it goes back to those levels. And I bet other potential investors sitting in my shoes are thinking something along these lines. At least while the technology is still closed source and has not been peer reviewed by a wider audience, 1000x is plenty.

Don't be hating on me for having an opinion, and calling me out. As long as the price stays in the 3000x-6000x levels, I'll keep reminding potential new buyers of the information they may not have been able to obtain themselves - and the choice is up to them whether to buy or not. Indeed, the market seems to be responding in my favor, whether my babble had any effect or not. I might be the big elephant in the room, but I'm not the only one with these opinions - others have noted similarly, perhaps less bluntly.