Topic: NXT :: descendant of Bitcoin - Updated Information - page 2052. (Read 2761645 times)

zhangdu

Peercover's ripple address is ra9eZxMbJrUcgV8ui7aPc161FgrqWScQxV

James

We need to fix the image problem that people like yuriygeorge is spreading. It appeals to the masses envy of rich people who they think don't deserve to be rich.

My confusion is why the founds or at least the counter to the 71 greedy bastards rhetoric is that they took a chance and deserve to be rich. Excuse me? We can do much better than that.

What I don't hear anybody repeating is that BCnext essentially gifted millions of dollars worth of software to the founders. The founders did win the lottery, but really several million dollars shared by 71 people is not that big of a lottery win.

Why don't we turn it around and point out it is not the founders greed, but rather BCnext's generosity that is central to the origins of NXT. While I am sure the NXT dev team are all founders, I know for a fact there are many that just took a 1 BTC chance on an interesting sounding idea. I sure wish I had found the original BCnext thread as I would have tossed in a BTC on the off chance that it was real.

So all the talk about 60000000% gain is ridiculous. If someone gives you a million dollars for $20,000 are you greedy if you don't sell it for $50,000? Of course not, you just won the lottery. Now some founders cashed out really early and my guess is that a lot of others cashed out when NXT hit 10 cents.

That's quite a run, not from zero, but from several million dollars. We REALLY need to change our response to include this interpretation. Even assuming the original release was worth only a million dollars, it has gone up less than 100 times. That is still quite a bit, but we have to remember that this was split in two distinct phases. The first was as people realized NXT actually worked, ok, buggy but functional and debuggable. This take care of the first factor of ten. The next factor of ten is mostly from the alias function. This gives NXT namecoin functionality doesn't it? Doesn't it make sense that if NXT has namecoin functionality AND an extensible future, it should trade at a premium to namecoin?

How can we update the wiki, videos etc. to reflect BCnext generosity as the main theme of the genesis? Won't that play much better than what we currently say.


James

P.S. Yuri,if you are up for it, I will be happy to debate you point by point.

This is my attitude and belief.  I play poker.  After a lot of research, I went all-in on NXT on Dec 19 for a 4M+ stake.  (Yes, it's money I can afford to lose, but it would certainly be a non-trivial loss).  I'm sitting on it until I see geosynchronous satellites out the window on the way to the moon.  Start the countdown.

where can find ripple trust add for nxt? thanks!

Thanks Ricky for the information. I just want to say that it is very difficult to sit still on 1 cool million unless you are deeply committed and involved in this venture. That's just human nature. At this point you would have more than 1 million dollar if you have 20 million Nxt. And you would have more than 1 million if you have 15 million Nxt a few days ago. I strongly suspect that all accounts with more than 15 million Nxt  have a very strong reason to keep them. Remember BCnext has a team. I cannot imagine all of them did not send their 1 BTC to the project. We are all working for future Sergey and Larry. So stop bitching and be thankful to be apart of this project.
These future  Sergey and Larry will make you very rich even though you don't know who they are.
Stop dreaming about redistribution. There will be none, at least not until 1Nxt= 1$.

I just want to add that many of you don't even know how much work have been done in the background of this project. It is very funny if you think you are entitled to something.

I can transfer alias"cfb" to you if you need,@CfB.

The 12292439833850569026 guy must be really believes in Nxt bright future. How naive some people must be to believe there could be "more fair" distibutuion. Eventually they would sell all their coins to a guy like that. Stop bitching around a buy some coins before they hit $1 )

please donate me some, then i will vote, otherwsie, with my empty acc, vote for what?

In the top 50. 

multiply it by 100 and it is the cumulative percentage of the total Dgex deposits over the past 30 days to that point in the table.

There is no stupid.

Might be stupid...but what does cumulative represent?

OK, inquiring minds want to know (for those of you outside the US, that is the motto or slogan for a very trashy gossip newspaper here called the National Enquirer) just who has cashed in on their NXT windfall over the past 30 days.  And so here's the top 50, who account for about 90% of the 200M NXT distributed to the masses so far:

Account /   Millions Deposited At Dgex   / Cumulative
      
 14839596582718854826    39.376   0.17
 3810519734198470226    31.386   0.31
 8797677203327163788    12.815   0.37
 5430757907205901788    9.910   0.41
 6785084810899231190    9.031   0.45
 6489931785530569200    7.000   0.48
 12292439833850569026    6.900   0.51
 4454381633636789149    6.800   0.54
 1484707122620701696    5.073   0.57
 10738613957974090819    5.000   0.59
 6237299433553462469    4.750   0.61
 14571525509972106026    4.482   0.63
 2576421397261863186    4.230   0.65
 2584657662098653454    3.904   0.67
 14522291868909650069    3.867   0.68
 4071545868996394636    3.000   0.70
 13177225761794271437    2.538   0.71
 7017504655955743955    2.500   0.72
 6465849077052550634    2.368   0.73
 4777958973882919649    2.330   0.74
 17491178046969559641    2.000   0.75
 10266164287326168132    1.998   0.76
 18084506661333818708    1.835   0.77
 10716784968670917069    1.640   0.77
 11080178734825834784    1.500   0.78
 818877006463198736    1.310   0.79
 6247711876460843752    1.300   0.79
 3298827274938912391    1.221   0.80
 3309259624934900083    1.110   0.80
 8517842408878875334    1.100   0.81
 10053843335456566383    1.085   0.81
 14185291975524814255    1.040   0.82
 12582269440855459419    1.000   0.82
 2272518827060030688    1.000   0.82
 13261584191205504430    1.000   0.83
 14345316344530945599    0.998   0.83
 3684449848581573439    0.985   0.84
 8961986080597559867    0.983   0.84
 12570052755752387241    0.968   0.85
 5620173382377214256    0.950   0.85
 6965796235585550964    0.900   0.85
 9804625927782353985    0.895   0.86
 16006718296333833763    0.869   0.86
 11293583559739994641    0.850   0.87
 85415950374503915    0.850   0.87
 8397939005161702223    0.800   0.87
 7373463616072586985    0.800   0.88
 3394616525175328032    0.780   0.88
 17323227464499858400    0.700   0.88
 15778433507890466905    0.700   0.89

Multiply "cumulative" by 100 to get percent of total Dgex deposits over the past 30 days to that line of the table.   The top guy made 17% of the total Dgex deposits, the top two made 31%, etc.

For the record, I previously posted genesis block data here:

https://bitcointalk.org/index.php?topic=345619.msg4158378;topicseen#msg4158378

Voted on Cryptsy.


@ Aldrin

Nice one, mate ! Its all I can say. Wish u all the best, thanks for this opportunity. 

https://bitcointalksearch.org/topic/looking-for-nxt-news-website-editor-388996
Topic: Looking for NXT News website editor

I have a larger stake, and I agree with your point. I've been consistently selling on the dgex exchange since the beginning, and I've sold about 8 million NXT so far. I'll continue to sell on dgex, and if other exchanges open I'll sell there also. I've started to sell on ripple too. I'll keep selling at a consistent rate until at least 60-70% of my stake is gone.

Hoarding makes no sense. Obviously some big stake holders would prefer others to sell down first, so they can wait and see if they become a billionaire, but for me it's best to hedge my bets and cash out in a steady stream just in case NXT fails. I think I understand the economics of NXT pretty well, and I know my good fortune will not last long if I don't do my bit to spread the NXT around. I would say by now most of the large stake holders can see the obvious thing to do is sell at a consistent rate, leaving yourself a good sized holding (my goal is 0.25% - 1% of the NXT supply once everything settles down). I started with over 4.5%, so I think my plan is balanced, and realistic.

As for the fairness of the initial distribution, I can see why people might have a problem with that. I feel very very fortunate to have done so well out of NXT, but it wasn't luck. I took a huge risk that a complete stranger would not take my bitcoin and disappear, and my risk paid off - but it was a huge risk, with a relatively small amount.

A stranger stands up in a public place and starts speaking - he's very odd and has a 'big idea' - do you give him $130 and watch him walk out the door? He's already told you he's using a false name and will keep his identity secret. That's essentially what the initial investors did.

Why did I do it? Because I'd been trawling over crypto related forums for over a year looking for the cool stuff. Everything looked like a crazy copy-cat coin based on scams and greed, and there didn't seem to be any skill or vision in 90% of the non-bitcoin coins that were being released. The only interesting crypto/math currency systems I could see were Mastercoin, Ripple, eMunie and NXT. I've taken a position in all of those coins.

IMO all the other crypto coins live or die based on the hype around bitcoin. Obviously Mastercoin needs bitcoin to survive, but Ripple & eMunie & NXT can thrive even if bitcoin tanks. I do think Sunny King has contributed a lot of good stuff also. All the rest are clones, even the well thought out ones (CGB, Quark, maybe a few others). I want to be an investor in something good, not a gambler, or a speculator.

BCnext has so far done everything he said he would, but when I sent off my bitcoin he was just a very odd sounding guy with a small number of forum posts, and  a vague description of a POS coin. My good fortune was 1 bitcoin was only worth $130 the day I sent it in, so it was within my comfort zone. If it was today I would not send 1 bitcoin ($750 USD) to an odd sounding stranger.

I think c-f-b might be Yoda.

will do it after 3jan released code and all that ...  

no

Do you understand the kind of economic activity the Decentralized Asset Exchange / Colored Coins will generate? think of gbsex and bitfunder and all other centralized asset exchanges shutting down...this is why the launching of nxt with these features is bound to draw in the entities that were disbanded from the previously stated activities and sky rocket nxt price...all these complainers do not have the foresight to understand what right in front of them...these nxt prices are still dirt cheap relatively, regardless of the appreciation in the last couple of weeks. some are about to miss the proverbial train yet again.

Sorry...got interrupted by a memory leaky crash followed by real life issues...but I'm back on.

Obviously, I'd be well happy to get more NXT, but I'm not being purely selfish here.

I'd happily give away 5% of my NXT holdings (thats about 250NXT right now) to assure an insane publicity circus around the NXT launch.

Because I know that my NXT are only worth what people are willing to pay.....no buyers, no ride to the moon. Boo hoo....

Investing is sometimes like fishing, u have to scatter some bait out and then watch the fish come 2 u.


And my block check is:

   27144      14839596582718854826      zondag 29 december 2013 2:27:52   
      
      1      0 + 1      134 B   
      
      1      12272758752805790749      491 %