Announcement!
NEX descendant of NXT to be released!
https://bitcointalksearch.org/topic/ann-nex-nxt-reimagined-industrial-strength-imagine-fairness-422052
Topic: NXT mythbusters (Read 1174 times)
How is NXT closed source? are you smoking crack?
Show me the source, Luke!
When you do, I'll have a new IPO, 1 billion The Next NXT (TNN) coins issued!
This argument about the source not being open is getting tired. Java code can be easily decompiled with a few clicks and on top of that the NXT devs make no attempt to obfuscate the code (unlike eMunie).
Like I said, still a myth "NXT is open source".
So now you are claiming code that is decompiled is "open source". Man, you NXT folks are full of it.
Hey what are you eating today ? too hot ? Mexican food ?
How is NXT closed source? are you smoking crack?
Show me the source, Luke!
When you do, I'll have a new IPO, 1 billion The Next NXT (TNN) coins issued!
This argument about the source not being open is getting tired. Java code can be easily decompiled with a few clicks and on top of that the NXT devs make no attempt to obfuscate the code (unlike eMunie).
Like I said, still a myth "NXT is open source".
So now you are claiming code that is decompiled is "open source". Man, you NXT folks are full of it.
I got another NXT myth:
"NXT is secure"
and another one
NXT wallets are secure.
and a final one
DGEX is a real exchange
Please, tell me that these are not myths!
"NXT is secure"
and another one
NXT wallets are secure.
and a final one
DGEX is a real exchange
Please, tell me that these are not myths!
If you think dgex is not an exchange how about bter.com?
Bter is real, that's why NXT will start crashing in the next few days. In fact, it already lost 30% of its value since it listed on BTER.
FrictionlessCoin, please keep it coming! 
How is NXT closed source? are you smoking crack?
Show me the source, Luke!
When you do, I'll have a new IPO, 1 billion The Next NXT (TNN) coins issued!
This argument about the source not being open is getting tired. Java code can be easily decompiled with a few clicks and on top of that the NXT devs make no attempt to obfuscate the code (unlike eMunie).
I got another NXT myth:
"NXT is secure"
and another one
NXT wallets are secure.
and a final one
DGEX is a real exchange
Please, tell me that these are not myths!
"NXT is secure"
and another one
NXT wallets are secure.
and a final one
DGEX is a real exchange
Please, tell me that these are not myths!
If you think dgex is not an exchange how about bter.com?
How is NXT closed source? are you smoking crack?
Show me the source, Luke!
When you do, I'll have a new IPO, 1 billion The Next NXT (TNN) coins issued!
https://github.com/slothbag/nxt-decompiled
How is NXT closed source? are you smoking crack?
Show me the source, Luke!
When you do, I'll have a new IPO, 1 billion The Next NXT (TNN) coins issued!
How is NXT closed source? are you smoking crack?
NXT is secure, all the "Mishaps" thus far hasn't had anything to do with NXT code, it has had to do with trojans and bullshit people have downloaded from unsecure sources, got nothing to do with NXT.
Whether you like DGEX or not has nothing to do with NXT. DGEX is a privately owned exchange and has nothing to do with NXT itself.
NXT is secure, all the "Mishaps" thus far hasn't had anything to do with NXT code, it has had to do with trojans and bullshit people have downloaded from unsecure sources, got nothing to do with NXT.
Whether you like DGEX or not has nothing to do with NXT. DGEX is a privately owned exchange and has nothing to do with NXT itself.
I got another NXT myth:
"NXT is secure"
and another one
NXT wallets are secure.
and a final one
DGEX is a real exchange
Please, tell me that these are not myths!
"NXT is secure"
and another one
NXT wallets are secure.
and a final one
DGEX is a real exchange
Please, tell me that these are not myths!
so 70% of bitcoins are held by 2-3% of the userbase? It's no surprise a vocal group of people are pumping it then... if I had 1000 bitcoins I'd be selling 900 of them and converting them to physical bullion personally. Pigs get slaughtered, as they say... no way so many coins in so few hands is a healthy market. It's no different than our fractional reserve systems of today where the top 1% control a huge percentage of the wealth.
I think I've made a decision here... I'm not going to help the 2% get even richer by promoting a system so top heavy at this point... once a coin is out that isn't a 'for profit' coin and is more evenly distributed I'll start mentioning crypto currencies more.
I think I've made a decision here... I'm not going to help the 2% get even richer by promoting a system so top heavy at this point... once a coin is out that isn't a 'for profit' coin and is more evenly distributed I'll start mentioning crypto currencies more.
So how is Bitcoin better?
Bitcoin is open source... peer reviewed and vetted.
NXT is closed source.
Could not large holders of nxt simply spread them around to many many wallets giving the appearance it is distributed widely yet they hold the keys to those wallets still? Couldnt something like that be automated and when they wish to come back to a main wallet some day for easy use they reverse the scripted process?
I am not sure, thus i ask.
I am not sure, thus i ask.
It would still be tracable and obvious and completely fraudulent.
Thankfully the NXT community is the opposite.
Traceable if they were stupid enough to go back to a main wallet? Yes.
Not so obvious if those manufacturered wallet contents were sent to an exchange/person for sale, trade, etc over time?
Fraudulent? Yes, if the intentions were to make it seem like more people owned them then what it appears to be.
I am just asking this because the stats above seem like they could be easily faked by just a couple hours/days worth of scripting? How does one prove they were not in this VERY competitive alt coin arena?
Thank you for your reply earlier.
Could not large holders of nxt simply spread them around to many many wallets giving the appearance it is distributed widely yet they hold the keys to those wallets still? Couldnt something like that be automated and when they wish to come back to a main wallet some day for easy use they reverse the scripted process?
I am not sure, thus i ask.
I am not sure, thus i ask.
It would still be tracable and obvious and completely fraudulent.
Thankfully the NXT community is the opposite.
Could not large holders of nxt simply spread them around to many many wallets giving the appearance it is distributed widely yet they hold the keys to those wallets still? Couldnt something like that be automated and when they wish to come back to a main wallet some day for easy use they reverse the scripted process?
I am not sure, thus i ask.
I am not sure, thus i ask.
so 70% of bitcoins are held by 2-3% of the userbase? It's no surprise a vocal group of people are pumping it then... if I had 1000 bitcoins I'd be selling 900 of them and converting them to physical bullion personally. Pigs get slaughtered, as they say... no way so many coins in so few hands is a healthy market. It's no different than our fractional reserve systems of today where the top 1% control a huge percentage of the wealth.
I think I've made a decision here... I'm not going to help the 2% get even richer by promoting a system so top heavy at this point... once a coin is out that isn't a 'for profit' coin and is more evenly distributed I'll start mentioning crypto currencies more.
I think I've made a decision here... I'm not going to help the 2% get even richer by promoting a system so top heavy at this point... once a coin is out that isn't a 'for profit' coin and is more evenly distributed I'll start mentioning crypto currencies more.
So how is Bitcoin better?
Seeing as there is a lot of myths put forth by competitors and confused individuals regarding NXT, one of our most beloved community members has started a short series disspelling these myths one by one, starting with the most prominent ones:
http://nxtcoin.blogspot.com
If you still have any serious questions, then please just ask and we will do our best to clarify
http://nxtcoin.blogspot.com
If you still have any serious questions, then please just ask and we will do our best to clarify
Well what about this myth... "NXT is open source".
FrictionlessCoin, good to see you!
Hope you're well!Are you still around keeping up your good old babbling and delusion? I admit I'm looking forward to your entertainment!
so 70% of bitcoins are held by 2-3% of the userbase? It's no surprise a vocal group of people are pumping it then... if I had 1000 bitcoins I'd be selling 900 of them and converting them to physical bullion personally. Pigs get slaughtered, as they say... no way so many coins in so few hands is a healthy market.
you probably don't know that in the fiat it is much worse..
so 70% of bitcoins are held by 2-3% of the userbase? It's no surprise a vocal group of people are pumping it then... if I had 1000 bitcoins I'd be selling 900 of them and converting them to physical bullion personally. Pigs get slaughtered, as they say... no way so many coins in so few hands is a healthy market. It's no different than our fractional reserve systems of today where the top 1% control a huge percentage of the wealth.
I think I've made a decision here... I'm not going to help the 2% get even richer by promoting a system so top heavy at this point... once a coin is out that isn't a 'for profit' coin and is more evenly distributed I'll start mentioning crypto currencies more.
I think I've made a decision here... I'm not going to help the 2% get even richer by promoting a system so top heavy at this point... once a coin is out that isn't a 'for profit' coin and is more evenly distributed I'll start mentioning crypto currencies more.
Seeing as there is a lot of myths put forth by competitors and confused individuals regarding NXT, one of our most beloved community members has started a short series disspelling these myths one by one, starting with the most prominent ones:
http://nxtcoin.blogspot.com
If you still have any serious questions, then please just ask and we will do our best to clarify
http://nxtcoin.blogspot.com
If you still have any serious questions, then please just ask and we will do our best to clarify
Well what about this myth... "NXT is open source".
sure
https://github.com/slothbag/nxt-decompiled
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