Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 2082. (Read 2761645 times)

newbie
Activity: 34
Merit: 0
Just a friendly reminder for those that are just looking to buy NxT coins. I recommend waiting for the price to stabilize! See for yourself:

1,000,000,000 (1 billion) initial coins
73 initial adopters
so roughly 13.7 Million each (assume equal distribution)
at 21 BTC Total
0.000000021 BTC per coin

current market rate is about 0.0001 (4700x)

To those who are buying these coins now... most of the coins are being hoarded, so you can only buy them on the market for 4700x or 470,000% of what all of the 1 billion coins were paid for at genesis. And people are buying, sadly, without looking at these figures. Remember - all BILLION coins are already out in circulation, and no more will be generated. All BILLION coins were bought originally for 21 BTC in total, or about $4,000 worth.

To give you an idea, someone is selling 1.8M coins (.18% of all coins circulated, that were bought for 21 BTC) for 180 BTC. If this is an early adopter (may not be), then he would have bought the same 1.8M coins for less than .04 BTC, but now is asking 180 BTC in just 1-2 months. Also, BTC is worth 6-7 more now in USD than at genesis.

I LIKE this coin, and its potential, but I don't like the price it's at, and the greed that the price is showing. So PLEASE, stop and check the math out yourself, and ask what this coin is worth.

I recommend new NxTers to stop buying these coins so high, and bringing the price even higher. Wait for some original investors to sell and distribute, and buy them at the dip. Thank you.

NXT: 6933627427271736687

The value of NXT has changed significantly as new features are announced and implemented, with the speed that new versions are released and as more money and time is poured into NXT the value is going to increase.

The price disparity from the initial conception to now should be expected. The price may crash, the price may skyrocket, but it is justified that the price is significantly more than at early adoption.
member
Activity: 94
Merit: 10
Nxt might have competition for features soon: Open Transactions desktop software platform for bitcoin and other currencies..they have been hard at work for months / years but I believe the new videos is a re-assertion of their place in the marketplace in light of the recent popularity of nxt…If they launch before our other advanced features, we will still have the speed and green forging advantage..not to mention it will actually take time for other crypto's devs to coordinate and start integrating.. thought this was worth sharing.
http://www.reddit.com/r/Bitcoin/comments/1tqepn/new_opentransactions_videos_of_new_desktop_app/

https://docs.google.com/file/d/0B1elJotjR_t6UlJjbG5wSmFJT1E/edit?pli=1-----payments and invoicing
https://docs.google.com/file/d/0B1elJotjR_t6OS1pV3duMEpWSGs/edit?pli=1----app store, dec market (barzaa), dec exchange, virtual corporations( stocks and dividends), asset exchange, escrow,  scripted agreements, smart contracts, voting pools, chairman cash: tokens and voting


THIS DEVELOPMENT SHOULD NOT BE UNDERESTIMATED.

OLA can you please track this closely.


Try to contact and engage the developer in the Nxt dev-team?
hero member
Activity: 854
Merit: 1001
DGEX seems to be back in the game.....

Works really crisp, no lag for me at the mo.

Over the Framewood issue:

10 characters is not enough for a passphrase. Not in the 21st century.

My passphrase tips:

Take yr favorite movie quote:

I say we take off and nuke the entire site from orbit. It's the only way to be sure.

Kill the punctuation, throw in some random substitutions:

I$4ywet4keoff4ndnuketheentire$itefromorbitIt$theonlyw4ytobe$ure

Add some psuedo-random caps gibberish to both ends, and hey presto:

SweAtyI$4ywet4keoff4ndnuketheentire$itefromorbitIt$theonlyw4ytobe$ureBoLLocks

Now , hoe long is that gonna take to bruteforce?

But for f**ks sake, make sure u write it down somewhere, and/or hide it in the middle of a  *.txt file to copy and paste to avoid keylogging.



hero member
Activity: 687
Merit: 500
sr. member
Activity: 308
Merit: 250
For everyone that wants to set up their own faucet, the code of mine is now available for download.

Go to http://nxtra.org/faucet/ and look at the bottom of the page for the download link. Hope you like it!
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
dgex is back online!

wow and its back strong:

2013-12-27 19:54:09    940000    0.0001    94
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
dgex is back online!
full member
Activity: 126
Merit: 100
JustabitofTime - Co-Founder of CoinTropolis
So PLEASE, stop and check the math out yourself, and ask what this coin is worth.


A coin is worth what the market is willing to pay, not a penny more, not a penny less.

NXT....
member
Activity: 116
Merit: 10
Reversible transactions might be a good idea if it can be made into a short term contract agreed to by both parties.

So for instance, I order something online and the seller offers terms of reversal for a 2% premium.  I pay the 2% premium to be able to demand that the transaction be reversed within 2 days if no tracking numbers is forwarded to me or whatever else.  I dunno...short term terms of reverse might be a workable idea if users can define the terms for each transaction.
sr. member
Activity: 476
Merit: 500
Feature suggestion for Nxt:

  • Destroy 0.00000001 NXT for every transaction.

This makes NXT a deflationary currency. Ripple does this to protect the network against flooding. In case a flood of transactions is noticed, the self-destruct value increase to, for example, 0.01. This basically makes it very expensive to flood the network.

I think NXT needs this too.



don't believe NXT has such a low value, at least not yet. So far it looks like .01 NXT will be the lowest value until the demand increases where it may end up being .0001 NXT. Don't think we will see .00000001 NXT though.
legendary
Activity: 2142
Merit: 1010
Newbie
Feature suggestion for Nxt:

  • Destroy 0.00000001 NXT for every transaction.

This makes NXT a deflationary currency. Ripple does this to protect the network against flooding. In case a flood of transactions is noticed, the self-destruct value increase to, for example, 0.01. This basically makes it very expensive to flood the network.

I think NXT needs this too.

How do u destroy a non-confirmed transaction coins?
member
Activity: 98
Merit: 10
Hello yuriygeorge,

it's been boring without you Smiley
sr. member
Activity: 262
Merit: 250
I hate my family
Just a friendly reminder for those that are just looking to buy NxT coins. I recommend waiting for the price to stabilize! See for yourself:

1,000,000,000 (1 billion) initial coins
73 initial adopters
so roughly 13.7 Million each (assume equal distribution)
at 21 BTC Total
0.000000021 BTC per coin

current market rate is about 0.0001 (4700x)

To those who are buying these coins now... most of the coins are being hoarded, so you can only buy them on the market for 4700x or 470,000% of what all of the 1 billion coins were paid for at genesis. And people are buying, sadly, without looking at these figures. Remember - all BILLION coins are already out in circulation, and no more will be generated. All BILLION coins were bought originally for 21 BTC in total, or about $4,000 worth.

To give you an idea, someone is selling 1.8M coins (.18% of all coins circulated, that were bought for 21 BTC) for 180 BTC. If this is an early adopter (may not be), then he would have bought the same 1.8M coins for less than .04 BTC, but now is asking 180 BTC in just 1-2 months. Also, BTC is worth 6-7 more now in USD than at genesis.

I LIKE this coin, and its potential, but I don't like the price it's at, and the greed that the price is showing. So PLEASE, stop and check the math out yourself, and ask what this coin is worth.

I recommend new NxTers to stop buying these coins so high, and bringing the price even higher. Wait for some original investors to sell and distribute, and buy them at the dip. Thank you.

NXT: 6933627427271736687
full member
Activity: 160
Merit: 100
Feature suggestion for Nxt:

  • Destroy 0.00000001 NXT for every transaction.

This makes NXT a deflationary currency. Ripple does this to protect the network against flooding. In case a flood of transactions is noticed, the self-destruct value increase to, for example, 0.01. This basically makes it very expensive to flood the network.

I think NXT needs this too.

full member
Activity: 126
Merit: 100
Maybe you could use this kind of password generators, but generate 3-5 passwords and mix them together in a random way and/or change some characters... that would be more secure. You never know if the website host does not save all generated passwords in a database for some kind of bruteforce dictionary attack later.
FIFY

Bruteforce is trying all possible combinations.
Dictionary attack is using a database of common passwords.
correct Smiley thank you
full member
Activity: 160
Merit: 100
Hello everybody,

I am new to NXT. I have been on the Quark bandwagon but decided to convert all my Quarks to NXTs since I saw amazing growth and potential of this community.

I couldn't really read all the 400+ pages of this forum.
Can please somebody tell me, is DGEX the only place to buy NXTs at? I have been trying to log in all day and to buy NXTs but with no success. What is going on with this exchange?

I have also tried to setup my wallet, but here I got confused because it is completely different than other altcoin wallets?
Is this my address, in the left upper corner? 3280310991161501989. And as I understood, the passphrase is very, very important, right?
What happens if I loose it?

If somebody is willing to forward me couple of NXTs just to set up my wallet until I don' figure out how to buy some on DGEX.
Thanks a lot guys and keep up a good work.

Welcome, I sent you some. Peercover also trades NXT via Ripple. Bit of a hassle, but seems to work: https://peercover.com/#/simpleGateway
Don't lose your PW.
sr. member
Activity: 476
Merit: 500
Hello everybody,

I am new to NXT. I have been on the Quark bandwagon but decided to convert all my Quarks to NXTs since I saw amazing growth and potential of this community.

I couldn't really read all the 400+ pages of this forum.
Can please somebody tell me, is DGEX the only place to buy NXTs at? I have been trying to log in all day and to buy NXTs but with no success. What is going on with this exchange?

I have also tried to setup my wallet, but here I got confused because it is completely different than other altcoin wallets?
Is this my address, in the left upper corner? 3280310991161501989. And as I understood, the passphrase is very, very important, right?
What happens if I loose it?

If somebody is willing to forward me couple of NXTs just to set up my wallet until I don' figure out how to buy some on DGEX.
Thanks a lot guys and keep up a good work.

being moved to a new server or something (in regards to DGEX).

Your Address you send to is indeed 3280310991161501989 your passphrase(password) is the most important thing. If you live in the US its like your SS number, your Credit Card Information, etc. Lose it and you lose everything in your wallet. Just like any encrypted altcoin wallet. If your passphrase is easy enough to bruteforce it, create a new account and think of the longest passphrase you can think of, include numbers, capital letters, symbols, everything.

newbie
Activity: 49
Merit: 0
that could be a good idea to prevent people losing nxt.
like the sender can put in a timelimit for the buyer to accept and if he doens't the transaction is not executed.

Kinda like in any online game that requires a group. You have to get verification for groups and such, Someone sends an invite -> other person accepts the invite. If the other person doesn't accept then the invite is cancelled.

Would definitely help with accounts of no owners. Add that to the two step verification. Click to "Send" -> (Gives you a review your order page) Click "Confirm to Send". So at least they can get verification of who/how much being sent to whom.

This morning when I looked it was not their, the address I sent to was wrong and now it is sitting in some random account I cannot get to 13643712185318669838.

I still don't understand how/when the hacker was able to input a different receiving account.   Huh

This is trivial if u know the passphrase.


I thought the owner said he sent a transaction to a certain account, but the NXT went to a different one.

...sorry if this is smacking me in the face and I still don't see it...

Yes correct. I was sending it to my second account, had the right account number etc. and it went to this random account.
sr. member
Activity: 476
Merit: 500
Does NXT have some way to lock people out of an account if they aren't on the correct IP? Or like a verification process with key's to log into an account, like Google does with their gmail.

Or like a way to add an authenticator (think Authy, Google Authenticator, etc.) in the current client where can set up in settings the need for one to prevent people from hacking the account?

Been here since the beginning'ish but haven't kept up with all the new features in updates...although I have been updating  Tongue
member
Activity: 84
Merit: 10
hi all,

just a quick question:

i bought my first 80 nxt yesterday at noon(36 hours ago) from the exchange and transferred them to my id. I even payed the feed to have it transferred within 3-12 hours. But until now nothing has changed in my balance, it still says 0.00.

The next thing is: how do i update this client, i figured i ran 0.4.0 until a hour ago. i downloaded the 0.4.7e zip and pasted the files into my next-client-folder. Nothing changed and the title of my client still says 0.4.0. Do i need to restart my pc or something?

kind regards,

grim
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