Topic: NXT :: descendant of Bitcoin - Updated Information - page 2032. (Read 2761645 times)

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 At least while the technology is still closed source and has not been peer reviewed by a wider audience, 1000x is plenty.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.

sunday really is the best day for crypto currency excitement. nxt is in full swing on dgex today. waiting for it dip back under .00006 to nab some more

Jean-Luc does NOT belong to the paid core.

Hmm, in that case annual cleaning can create some problems, am I right? Big businesses creating plans for tens of years.

Good catch, I overlooked this

I'm not anonymous. Google will help u to find my real name.

Ripple doesn't exist....it's half the volume of Quark

yeah, THEY are 

NXT is ahead of Namecoin on trade volume now, on #4 spot.

yes, Yes, YES to both of these features, in that order.

Transparent forging will help to keep the network stable, and have faster transactions.  This is important.

There was a brief mention about the possibility of forking NXT source once it goes open/free on the 3rd, but once service provider functionality has been implemented, forking won't be necessary to do to add new functionality to NXT.  Anyone can do it then.  This is very important, but needs a stable base for others to build upon -- transparent forging helps here.

+1

+1

I can't wait!

Re: [ANN] Nxt :: descendant of Bitcoin
November 08, 2013, 07:59:19 AM
Reply with quote  #446
It is real.

BCNext WROTE:

Here is an example

I want to run a business.  I issue an asset (let's call it Krusty Krab tokens - KKT).  I set quantity of KKT to 1000.  I announce that I sell KKT for 20 NXT each and pay 5 NXT monthly interest within next 6 months.  I create an ask order -- 1000 KKT for 20,000 NXT.  You create a transaction that sends me 500 NXT for 25 KKT.  It's up to you what to do with your 25 KKT (you can place an ask order and sell them for 27 NXT) but each month I will check the blockchain to see who owns KKT.  And I will send 5 NXT for each KKT to those who owns them.

JUST DO IT! 

Hi

for my part, i begin to work on the core of a future Alias search engine (index + request tools) implements in java . I think it could be interesting to have a query tools allow us finding alias and URI associate. In a second step maybe we can implement a more sophisticated crawler (tags ans metada of URI ) . what the forum think about this project ?

But it will take some months to implement this project.

My idea for NXTcompany is that we start recruiting people to concentrate on maximizing the value created from each new NXT feature that generates transaction fees.

We can leave it to the existing companies to handle their own IPO

I guess one problem is how they will pay dividends. Since all of the transaction fees they generate is being distributed to the winning block. Each NXTcompany will have to charge a premium on top of the transaction fee for this to work. I do not know enough about how things will be setup to know how hard that will be.

Unless there is a way to change how forging is allocated to include some portion to the associated NXTcompany (highly unlikely unless CfB says otherwise), this probably won't work

James

So why can;t we do it too.....as I mentioned THE NXT ASSET EXCHANGE is ready....we are just waiting for the client from Nexern...its not rocket science to see the potential.

Yes, thee will be a lot of trading. Lot of shares. Exchange etc.

I know that peercover's gateway is automated in both directions.

They are also finalizing a trading page that will allow trading. I have not seen it yet, but it sounds like you won't need to open special accts and it will automatically handle the exchange using mostly client side code.

Not sure how Jared is implementing it, all I know is his stuff is solid and very cool

James