Topic: NXT :: descendant of Bitcoin - Updated Information - page 2055. (Read 2761645 times)

Do it or don't. U can miss window printing same thing again and again, window that your strategy suggesting (I hope u have strategy). And that's all.

I suppose u mean any imaginable that includes you will be fair, right?   Seriously, which % of humanity included in genesis'll be fair?

It takes Soooo long to receive NXT from dgex, and even though it's a big ol 125, it's something! Im throwing all my spare change into this, because it shows a lot of promise. I think it's a few bucks well spent. Besides, I've been told (jokingly)I better make a few thousand dollars by the end of the month(three days? really?). Man, I hate it when folks don't get what it is we are doing. Scam scam scam, it's all my family ever tells me with altcoins, and now this. bah! I'll show em.

No such thing in PoS.

Well, why not? Heat, chips amortization, tons of paper? Non of it. Just a some hundreds of web/local servers (part of it RasPi!), computers that'd be used anyway for some purpose, what I'm missing? Payment system above Internet w/o computers not very real thing.

I'm just somebody that would like to invest a few thousand dollars worth into this coin. But by doing the math on the growth in the last 2 months, and also understanding that all 1 billion coins have already been generated, the 600,000% price differential to original IPO investment is concerning to me. At these levels, this coin's name should be named GreedCoin. I feel bad for the few that bought this coin at such a premium without doing the math themselves. I hope these people aren't defending the price as a way to hold on to a foolish/bubbly buy. I think other potential serious investors probably have the same mentality as me, and yes, we will just patiently wait and see for the price to correct itself. And if it doesn't...

Once the source is released, perhaps someone else will come up with a better distribution scheme. And if the source isn't released, then what do we have?

How is this coin different from the central banks today, that can just print billions of dollars and distribute it to the few lucky ones born into the family (or lucky to have seen the bitcoin forum post at the time)? And these bankers then throw bounties at the population, business loans, free money, that eagerly will work hard for these these printed dollars, dollars that the original stakeholder didn't work hard for? 1 Billion coins, created from thin  air, owned by the few. Throwing these coins around like water for bounties, translations, development efforts.

Centralization in disguise of decentralization. Scary thought. I'm out. Be back tomorrow.

I totally agree, I really don't care what the marketcap says each Nxt is worth, I'm way more excited to see the high trading volume.  It's amazing for a currency only a few weeks old.  The price per Nxt will increase over time, took BTC several years of ups and downs to get where it is today. 

There's been some talk about it over on nextcoin.org, over "being fair".  
https://nextcoin.org/index.php/topic,1268.msg13596.html#msg13596


You can have NOT a single issue with the pre-mined, 73 founders having the stake aspects, and still see it as a very greedy, self-destructing, unfair system.  The forging allows the founders to essentially have a no-loss system, about a 5% average of daily block rewards, (which they could just cash out daily in BTC if they wanted) in the range of 100-200K NXT for each 50 MIL holder, and still keep their majority stake of NXT in-tact to forge the same 5% the next day (based on my non-scientific observations of the blockchain over the last couple of days), while the rest of the "common folk", with less than say a million coins, will probably never forge, ever.  As the forging code is currently written.

I proposed a small fix allowing the fees for each block to be split amongst all forgers big and small cats randomly, but it's just small fix and will probably not stop the bleed out when 99% of the non major stake holders realize they will be leaving their computers/clients running NXT for no reason.  Not really the "cleanest" system as proposed huh?

This is all I'm gonna I'm going to speak on this, it is quite literally a waste of my time telling people to just look at the NXT blockchain to see the same conclusion anyone with common sense will find, then to be called a troll by founders and the developer.

What's that old saying..?
A lot of something is something
All of nothing is nothing.

Is speculators business: buy, sell, difference is your profit. Are we talking about it? Well, I'm not a specialist in that business at all, just don't forget to manage risks, %speculator_name%

I'm not going to tell a lot of people "Buy it, God bless you". I prefer to aware of risks. And I'm a low-NXT-stakeholder and I'm not intrested in newbie investors (not in myself, not in system I'm talking about). I'm advising to read, to think, to ask.

Stay away if any detail bothers you!

P.S. Ofc, I meant "stay away = don't buy asset in rush".

There will be a Bitcoin Conference in February in Berlin.

http://www.mediabistro.com/insidebitcoins/

Since I am from Vienna, I would love to represent Nxt on this venue. I would fly over to Berlin and use the 2 days to spread the word, let others know about Nxt.
I believe in Nxt and am sure that we will benefit from it having someone around at a venue like this, that´s why I will fund the whole journey myself, but

donations to buy the tickets, pay for the hotel and flight is much appreciated!

11433600460445633305

You may be fooling yourself if you believe you're fighting for the "good of nxt", but your last dozen or so posts have been focused not on the distribution of coins, but rather how much the initial investors have made. This sends a clear signal to everyone that a) you're angry you missed a good opportunity and b) you're simply trying to spread FUD to lower the price.

Everyone here wants the coins to be spread. In fact, if you look at the coinmarketcap.com, you'll see that NXT has one of the highest trading volumes of all the coins, so I'd say we're doing okay. We can always do better, but it's not the doom-and-gloom you make it out to be.

You are so ignorant about what NXT is. it is not a currency it is not a coin it is ..... fill it in yourself.


Pin

I had this realization today while looking at Asics...  I don't want to spend money on electricity, and have ever diminishing returns...
I don't want to have to deal with bloated blockchain.
I don't want to have to wait an hour for a transfer.

Listening is not the same as agreeing, though.

No one said you should go away. People pointed out that they disagreed with your point of view. It is altogether possible to listen and then still not act on it, because you disagree.

Also, looking at the exchange, I would say a LOT of people don't seem to have a problem with the prices, because they buy and sell. Are you going to tell them they don't listen to you, too?

The fact that you are implying that they are stupid sheep for doing so is something you will have to deal with yourself, though. I personally find such an attitude hugely disrespectful, but que sera, sera.

just a comment to this interesting topic:

as we know, members of these founds need to trust one person who manage the forging-account.
charming would be to have "forging-hub's" where stake holders can connect their accounts.
the earned fees would distributed proportional to the account balance.
the hub manager keep a fee - for sure ;-)

I could imagine that concept would join more people as the single account-concept.
an nice side effect would be that the periodic distribution of all fees would generate new fees...
this sustains the whole system.

If you wanted Nxt to succeed, you wouldn't use "%" 110x (with citations) in your last 50 posts in Nxt forums in last 3 days

We need NXT economy - stores, services etc

Keeping the price at a zero-like level is also bad for Nxt as the interest will always rise with the price. Noone would care about it if the price still would be at 0.000004 as noone cared about it for weeks when the price was that low.

For a currency to succeed, it needs to be used and accepted by lots and lots and lots of people. If you own NxT, it's in your best interest to listen to potential investors' concerns. Your mentality "If you don't like this, then stay away" is not gonna fly in the long run if you want this currency to succeed.

so cool

Startegy's working, so what don't use it?