Topic: NXT :: descendant of Bitcoin - Updated Information - page 675. (Read 2761644 times)

I think leaving back forever the 0.0001BTC price needs people to actually start using AE, NXTcash AND AT.
In any other coin the above combination could probably have eaten BTC but truth is that many early adopters (including me) wait the chance to start dumping at higher prices.

Of course if people lose interest it could very well go the other way, like panic selling @0.000001 again...

TF is a feature that will be very useful if NXT is widely adopted (at least as BTC is).

EDIT: On the other hand I think if we had a decent NXT/USD market the price would easily go to 1$

Easy buddy, RickyJ has been known to terminate for much less.

Wow, you're pretty old. My birth year page is not for two more pages.

Yeah id love to see the reasoning. Im hoping we can get some insight. Thank you for the reply, ill stick to just one server then.

I'm gonna start a game here.  Which is probably a mistake.  Play along if you like. 

This page is my

BIRTH YEAR

and blue is my favorite color.

it doesnt, and in fact I believe CfB has stated in the past that this is a very bad practice, for reasons I cant understand though.  does anyone know why this is bad?  And if its so bad, what do we need to work on to mitigate the threat?

Yes, I see where you are coming from.  Nxt is still way under valued in my opinion.  BTC would have to reach a $100B+ marketcap to be worth $10,000, BTC is already reached critical mass growth.  Nxt only has to reach a fraction of BTC's current marketcap ($1B) to be worth $1 per Nxt.  I truly believe by the end of the year we will be at least $1.

Nobody has minded one bit about me becoming a self-deluded totalitarian dictator in this thread.  I don't think they're gonna feel bad about you just crashing it.  Welcome!  You're part of the thread now!


Everybody has been a little distracted and busy throwing everything they've got into improving this baby in its first 90 days.


Up.


A post-apocalyptic hellscape where BTC has reached $10,000 is somewhere I do not want to see even a glimpse of, much less live through.  Or in.

OK, snarky comments aside (dude, it was like you were feeding me straight lines! I just couldn't resist!) I think NXT is something really different and really special on a lot of levels.  The philosophy within it.  The people behind it.  The future before it.  Who knows where it will go.  But if it doesn't go up, and really really really up, it won't be because we didn't try.

Alright so i need a little help understanding something. I have two servers running on two separate computers. Both servers have the same account unlocked. I know the answer is going to be no, but i just want to understand how and why.. Does this double my chances of forging a block?

I believe NXT is more likely to increase 20 fold in the near future than BTC is likely to increase 20 fold in the near future. Then again, I could be wrong. I am one of those guys that bought 1200 BTC for around $1 and sold most of them for around $10.

We really need to create a paper,or insist much on how Nxt forging revenues are like 1/3.000.000(or whatever is the proportion) of bitcoin mining revenues,because the energy Nxt requires to work,is like 1/3.000.000 of the energy Bitcoin consumes and how that let us enjoy an almost-free environment with 2º generation features.

Lots of people may be upset after they realize PoS wont give them big revenues for a small stake as they first expected,and forget about Nxt,as they feel others will get them.

I edit to say i know its mentioned with the "green mining",but maybe it should be even more emphasized or modified,as people dont seem to get it,and end up having a bad impression of it for not receiving nxt.

FIFY

What are your 2-6 months price projections for NXT?

Ok. But theoretically if NXT becomes $1 because BTC becomes $10000, then its not a better investment than BTC. That's why I am interested in the future Nxt/Btc price.

Actually, I see no reason why Nxt should be valued in BTC other than that BTC is the preferred exhange coin at the moment.
There is no reason why Nxt shouldn't be independently valued for fiat.

I have seen the calculation of 21,000,000/1,000,000,000 often and find it useless as it presupposes that Bitcoin will always be the exchange coin "in between".

That is an unsupported assumption and makes that whole calculation useless.

In answer to your other question: no idea what the valuation will be. It all depends of the value that Nxt actually will deliver to people. Looking at developments it seems likely to be in a totally different area than Bitcoin for now. I do not think Nxt will be a "buying" coin. Maybe it will be used as such for a short time, but that will change when the value rises and it will become unwieldy for such.

It's much more likely "Nxt" will become valuable as a means to "power" systems that will have such functions. As such, it's value can be immense, but it all depends on the coming months.

I believe that 1 NXT is worth $1 and is not actually tied to BTC and I base my actions accordingly. The fact I can get NXT for much cheaper keeps me buying whenever I can until the price catches up.

Nice question.

Hey guys,

I don't mean to crash this thread, but I am interested in where the community believes the value/price of NXT will go over the intermediate term (2-6 months) and why.

I have seen different speculations thrown out from time to time, but I haven't been able to find an in depth discussion of the topic.

Obviously if we just look at "news" then the upcoming asset exchange would have some potential to increase the perceived value of NXT. Then, after that the decentralized exchange would have potential to increase the perceived value.

However, I would assume that some real utility would have to begin within the NXT system - i.e. some real exchange trading - substantial fee generation for forging, etc. for the price to really sustain any upward trajectory over the occasional over-bought/correction scenarios we see in all alts.

Any thoughts on the value of NXT (in terms of BTC not dollars) in the intermediate future?

And as a bonus question, I personally would be surprised to see an alt, including NXT, to gain more than 1/2 the market cap of Bitcoin at any given time unless the utility of that coin became a real challenger to BTC - which I believe is a long ways off in any case. So .0125BTC seems to be a best case scenario ceiling for NXT for the longer intermediate term.

Our solutions is still very different and faster (better).  This is just like developing a wallet that incorporates multiple coin clients and then allows you to trade based on your holdings.