Author

Topic: NXT :: descendant of Bitcoin - Updated Information - page 334. (Read 2761645 times)

hero member
Activity: 714
Merit: 502
Stake holders stop stuffing large sums of cash in ya pockets for a bit, wait for the market to take the bait again lol
hero member
Activity: 616
Merit: 500
NXT has such enormous potential! But it is so sad that value is diluted by sellers at the moment and little buying interest.

What NXT need nxt is AE and Wesleyh his client, people should focus on this and promote it to average Joe,  that is all people care for now, all the rest is overkill and noise, although the ideas may be great it does not add value to nxt as of now.

We still have to start up nxt and create buying power from new investors. In my opinion it should go this way:

Launch AE with Wesleyh his client

Big campaign around this and spread the word

Target people average Joe the masses

Big holders and holders should stop dumping NXT at these prices as it is way undervalued, diluting is NOT good for NXT or for distribution.

All this together with upwards price movement should get NXT in the picture again.

All the rest is noise and dreaming although the ideas can be used for the long term.

So stop selling, promote AE and wesleyh his client so price can rice to above new high and NXT would get attention again.

If not expect further decline of price and interest, still supporting NXT but I am going low profile as I told before I get little donations and don’t get paid 40K NXT a month, sorry.


I agree about promoting the client. Stakeholders should stop selling for a moment when the client and AE is live.

Price will go up and we will get more attention.

To manage all this we have to set a release date / deadline which many of us asked. But nobody knows when the AE will go live. We are not organised. It's a mess. And that's a shame because we have something beautiful in our hands.
legendary
Activity: 1806
Merit: 1038
Is testnet running? I cannot enter to it with Wesleyh standalone NxtWallet client.
It's running fine for me on the web client. Block height is 86318.
- yes, it is running for me too, on the local server (v.0.8.9), as well as on VPS (v.0.8.8).
hero member
Activity: 784
Merit: 500
NXT has such enormous potential! But it is so sad that value is diluted by sellers at the moment and little buying interest.

What NXT need nxt is AE and Wesleyh his client, people should focus on this and promote it to average Joe,  that is all people care for now, all the rest is overkill and noise, although the ideas may be great it does not add value to nxt as of now.

We still have to start up nxt and create buying power from new investors. In my opinion it should go this way:

Launch AE with Wesleyh his client

Big campaign around this and spread the word

Target people average Joe the masses

Big holders and holders should stop dumping NXT at these prices as it is way undervalued, diluting is NOT good for NXT or for distribution.

All this together with upwards price movement should get NXT in the picture again.

All the rest is noise and dreaming although the ideas can be used for the long term.

So stop selling, promote AE and wesleyh his client so price can rice to above new high and NXT would get attention again.

If not expect further decline of price and interest, still supporting NXT but I am going low profile as I told before I get little donations and don’t get paid 40K NXT a month, sorry.


you forgot to switch to emule acc

You can make fun of him, but he has some valid points.
hero member
Activity: 714
Merit: 502
Goodmorning people  Cheesy

Morning, actually he he it's afternoon here I must be da other side of da sea lol  Wink  Cheesy  Grin... Nxt to da m000000000000n!!!
full member
Activity: 266
Merit: 100
legendary
Activity: 1778
Merit: 1043
#Free market
Goodmorning people  Cheesy
legendary
Activity: 1162
Merit: 1005
Is testnet running? I cannot enter to it with Wesleyh standalone NxtWallet client.

It's running fine for me on the web client. Block height is 86318.

Strange. Then something happened with standalone client. It starts, but stuck for a long time. I do not have possibility to enter passphrase.
hero member
Activity: 490
Merit: 504
NXT has such enormous potential! But it is so sad that value is diluted by sellers at the moment and little buying interest.

What NXT need nxt is AE and Wesleyh his client, people should focus on this and promote it to average Joe,  that is all people care for now, all the rest is overkill and noise, although the ideas may be great it does not add value to nxt as of now.

We still have to start up nxt and create buying power from new investors. In my opinion it should go this way:

Launch AE with Wesleyh his client

Big campaign around this and spread the word

Target people average Joe the masses

Big holders and holders should stop dumping NXT at these prices as it is way undervalued, diluting is NOT good for NXT or for distribution.

All this together with upwards price movement should get NXT in the picture again.

All the rest is noise and dreaming although the ideas can be used for the long term.

So stop selling, promote AE and wesleyh his client so price can rice to above new high and NXT would get attention again.

If not expect further decline of price and interest, still supporting NXT but I am going low profile as I told before I get little donations and don’t get paid 40K NXT a month, sorry.


you forgot to switch to emule acc
legendary
Activity: 1225
Merit: 1000
Is testnet running? I cannot enter to it with Wesleyh standalone NxtWallet client.

It's running fine for me on the web client. Block height is 86318.
legendary
Activity: 1162
Merit: 1005
Is testnet running? I cannot enter to it with Wesleyh standalone NxtWallet client.
full member
Activity: 266
Merit: 100
NXT is the future
NXT has such enormous potential! But it is so sad that value is diluted by sellers at the moment and little buying interest.

What NXT need nxt is AE and Wesleyh his client, people should focus on this and promote it to average Joe,  that is all people care for now, all the rest is overkill and noise, although the ideas may be great it does not add value to nxt as of now.

We still have to start up nxt and create buying power from new investors. In my opinion it should go this way:

Launch AE with Wesleyh his client

Big campaign around this and spread the word

Target people average Joe the masses

Big holders and holders should stop dumping NXT at these prices as it is way undervalued, diluting is NOT good for NXT or for distribution.

All this together with upwards price movement should get NXT in the picture again.

All the rest is noise and dreaming although the ideas can be used for the long term.

So stop selling, promote AE and wesleyh his client so price can rice to above new high and NXT would get attention again.

If not expect further decline of price and interest, still supporting NXT but I am going low profile as I told before I get little donations and don’t get paid 40K NXT a month, sorry.
legendary
Activity: 1806
Merit: 1038
Otherwise put your money on a bank account, that´s pretty safe, yet.
- yes, and preferably put your money on account at Cyprus bank..   Grin
hero member
Activity: 784
Merit: 500
Edit: we are currently in the process of working out how it would be possible to have a contract between our investors and us, enabling them to stay anonymous.

It's called Nxt AT!    Wink

What I mean is s legal contract. Smiley
legendary
Activity: 2142
Merit: 1010
Newbie
In the end, i could not get the "hit" with php, the hash is different, it is impossible. Sad There could be an API to get the hit? Smiley

Hit can be calculated:

getState - to get last block id
getBlock - to get last block generation signature
First 8 bytes in little-endian of SHA256(generationSignature, publicKey) get the hit.
hero member
Activity: 870
Merit: 500
Trading will make me rich)
Nxt Mining Pool Bounty posted @ Nextcoin.org

https://nextcoin.org/index.php/topic,4399.0.html

*snip* for antanst Wink
awesome idea! i like it!

One of the benefits about doing this with Nxt is that since Nxt can't be directly mined and has a fixed amount, there will also can't be a large rash of dumpers, trying to profit from good profitability with low difficulty, which would suppress the price.  

People who "mine" Nxt this way will mostly do so because they want Nxt.  As they mine for it, their work not only generates Nxt for them but it also elevates the price since the pool continually purchases Nxt from the bottom of the sell book.

What other coin/pool can do this?

This is correct. Those who use this strategy using PoW coins cannot do the same to NXT, because it cannot be mined. Thus, NXT will continuously rise in value as people keep mining alts and instantly dumping alts for NXT. Additionally, this will provide the distribution scheme many people are clamoring for. I may even buy a mining rig for this, as not only am I getting profits from mining, but my NXT stake will be rising along with it! Very nice idea Cheesy

An interesting side-effect is that, according to game theory, everyone will have to switch to PoS eventually (or something that is not PoW) because PoW has no counter against this.

Pandaisftw

Perfect! After looking how the same idea affected BlackCoin price and popularity, my first thought was "why not create smth like this for NXT". I hope that someone will create such pool soon, and I am even thinking to purchase some mining equipment to participate in such pool.

By the way, is there a post regarding this bounty in other forum sections? Experienced pool owners/coders are hanging around in other threads I believe)
hero member
Activity: 910
Merit: 1000
What are the current ideas of having coins on top of Nxt:

- Coins via Asset Exchange
- Coins as parallel blockchains
- Using AM (How? And is this idea dismissed?)
- ...?

The "checking in" of the parallel chains on the master chain is planned to be done with AMs. A snapshot will be taken of a parallel blockchain and then stored in the master via AM.

CfB will disagree if I am wrong. Hopefully.



Could some smart people jump into this and help complete it?
sr. member
Activity: 386
Merit: 250

That is correct. However, there is no jurisdiction backing up his claim.

If a company doing an IPO on NXT isn't legally incorporated in a state or country, I'd stay the hell away from that investment.

Yep.

In many common law jurisdictions (perhaps civil law jurisdictions as well) "investors" in a common enterprise not carried on through a separate legal entity may be found to be partners in a general partnership and as such would be fully liable for the debts and liabilities of the partnership.

This, plus the fact that selling unregistered securities to the public is often prohibited, makes all these experiments very dangerous legally.


That seems to imply that any and all holders of NXT are "partners in a general partnership and as such would be fully liable for the debts and liabilities of the partnership," since we are all "'investors' in a common enterprise"...etc.

Is this a correct interpretation, cryptolawyer?
hero member
Activity: 910
Merit: 1000
Nxt Mining Pool Bounty posted @ Nextcoin.org

https://nextcoin.org/index.php/topic,4399.0.html

Initially seeded with 20k, please feel free to follow the link and donate additional funds to the posted address.  My initial 20k are being sent to that address (from cryptsy) hopefully they will show up before Monday. Tongue

All, the bounty is now over 120,000 Nxt.  Thanks to the additional donators!

+1
full member
Activity: 178
Merit: 100
Thanks for your work on implementing SSL opticalcarrier! Much appreciated!
antanst good job crashing the testnet! Keep at it EvilBob.
marcus03 keep up the great coding work.
l8orre thanks for making freeRider so we can pound on testnet.
jl777 thanks for all your great coding work.
wesleyh i know i've said it before, fantastic client!

GCInc thanks for the generous donation to Community Funds and thanks to the Mystery Mega donator!
Salsacz, thanks for helping facilitate the flow of information to the community.
There are many more not specifically mentioned who are doing great work for Nxt.
Thank you all.

Sincerely,

Brian Snyder

Now, that sounds good Wink
Jump to: