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Topic: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people? - page 12. (Read 15033 times)

legendary
Activity: 3010
Merit: 8114
I think doge shot itself in the foot by not hard capping/over printing at this stage....and the leader was a bit of a dick to Coblee

NXT has great attributes but screwed distribution.

LTC has a dwindling use case.

BTC nears 51%....wogatami and friends are funding a solution to this.

NEM's head shot its head off

Emunie is takeing quite some time to dev......those that did not understand self ejected

DRK is perhaps the most dubious being closed source and not really....also useless the use case for a DRK that actually works when BTC becomes 100% anon or the choice is there

Ripple shot itself in the XRP, by the ex CEO or something.

PeerCoin.....actually no drama, but will be better when cold locked minting.

On the plus side, the shear amount of energy in the crypto space, is makeing this all evolve so fast its hard to think of any development in any other field that comes close. At this rate both on the chip manufacturing side and software dev, its hard to see anything stopping the whole concept. In fact mining may be what keeps driving moores law longer than expected as a side effect....

LOL. I love this entire post even though I don't agree with all of it. I feel smarter after reading it.

Extra fast development comes when you have a never-ending supply of new money chomping at the bit for it, no pun intended. Just like the A-Bomb, the moon landing, the human genome project or whatever we are currently racing to be the first at developing.

Because cryptocurrency directly links the worlds of computer and finance maybe Moore's law will be held up indefinitely, or even exceeded. Its hard to imagine a financial world where even just a few less milliseconds in processing time weren't considered an advantage in computerized trading.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
calm down man, IPO is not POW.  It is a different system.  

In one you spend money to buy coins directly that may or may not ever come.  

In another you take a very indirect and long way about doing it by first buying a miner and then buying electricity to get coins.  If a person has the miner and electricity, the coins are 100% guaranteed to come.  

If the coins come in an IPO system whether it is POS or not, then it wasn't a scam.  If they don't come, than the IPO was a scam.  

If the IPO developer lied and misrepresented the product, then it was a scam.

With NXT the coins came.  With NXT the product wasn't over hyped, in fact if anything it was under-hyped.  It definitely was not a scam.  

Just because you can't understand the difference between POS and POW, doesn't mean POS is bad.  To me, it just means you are stupid, scammer, confused, or another undesirable characteristic.  
full member
Activity: 168
Merit: 100
Nxt is a very original crypto because it was the first to dispense entirely with PoW mining and all its environmental destructiveness. (Also, the high cost of mining equipment makes mining an unfair mode of distribution.)

The reason Nxt gets so much hate around here is that it has rendered all that mining equipment that miners have spent thousands on, completely useless and obsolete. A lot of miners hate Nxt for that. Others have seen the writing on the wall and decided to invest in Nxt.

The distribution thing is a non-issue. BTC and LTC distro are both worse than Nxt's, so Nxt has best distro of the top 3 cryptos.

+1 Exactly.  Thank you for saying it so I didn't have to.  Distribution doesn't matter one bit, and is practically the only tool in the hater's arsenal.  And you totally hit the nail on the head with the miners.  I saw the writing on the wall months ago, and could see the steady flow of hate/jealousy/fear starting to ramp up.  I suspect the hate/fear of NXT will continue and grow stronger until it passes bitcoin in marketcap.
legendary
Activity: 2632
Merit: 1023
I think doge shot itself in the foot by not hard capping/over printing at this stage....and the leader was a bit of a dick to Coblee

NXT has great attributes but screwed distribution.

LTC has a dwindling use case.

BTC nears 51%....wogatami and friends are funding a solution to this.

NEM's head shot its head off

Emunie is takeing quite some time to dev......those that did not understand self ejected

DRK is perhaps the most dubious being closed source and not really....also useless the use case for a DRK that actually works when BTC becomes 100% anon or the choice is there

Ripple shot itself in the XRP, by the ex CEO or something.

PeerCoin.....actually no drama, but will be better when cold locked minting.

On the plus side, the shear amount of energy in the crypto space, is makeing this all evolve so fast its hard to think of any development in any other field that comes close. At this rate both on the chip manufacturing side and software dev, its hard to see anything stopping the whole concept. In fact mining may be what keeps driving moores law longer than expected as a side effect....

hero member
Activity: 574
Merit: 500
Does KPMG, one of the top four global audit and accountancy firms, think Nxt is a scam?
hero member
Activity: 854
Merit: 1001
Just checking....yup, still not very clever here either.
full member
Activity: 196
Merit: 100
Why does DOGE have more liquidity than NXT?

I contend when DOGE moves to PoS it will quickly overtake NXT SCAM.

DOGE > NXT.


What is the Doge's technical interest (except the 5% annual interest, ah ah) ?
Dogecoin is a coin with an ugly logo and nothing else.

DOGE has more volume and usefulness than NXT which is a 100% insta-mine scam.

At least DOGE gave EVERYONE a YEAR to mine FREE.
full member
Activity: 196
Merit: 100
NXT insta-mine scam.

Never has crypto seen such an insta-mine in all history..

100% mined instantly, and handed out to favorites.

NXT is basically Ripple but closed sourced for so long to obfuscate the code issues.
sr. member
Activity: 333
Merit: 250
Why does DOGE have more liquidity than NXT?

I contend when DOGE moves to PoS it will quickly overtake NXT SCAM.

DOGE > NXT.


What is the Doge's technical interest (except the 5% annual interest, ah ah) ?
Dogecoin is a coin with an ugly logo and nothing else.
hero member
Activity: 714
Merit: 500
If i was the op id seriously considor re writing the whole thing. like dude what planet are you on?  Every thing stated on the first page is incorrect. i mean there was 73 people not 50 lmao. Fallen at the first hurdle. At least put some effort in and read up on the project you want to try and smear.
Nice try anyways.
Lets here it from somebody whos been in nxt for the beginning.
I stumbled across an ipo ann for a new innovative project called nxt. The op was asking donations for nxt stakes. now at the time this was quite rare and not the normal ann on bitcointalk. it looked risky. But i was that fed up with copy clone pow coins of btc and ltc i was ready to give up and seek other routes to freedom from from the banking system. so i gambled all or nothing into this risky looking project called nxt. a few weeks past as i nervously watched people discussing what this project could offer to the crypto world. Then one day the op decided he had enough btc in investments to proceed with the project and that magic number was 21btc and 73 investors.
I waited a bit longer until one day i see nxt has been launched. i hurried to claim my stake of nxt so i didnt lose them or get forgotton about.
I recieved my stake from the op and all was good. but i sat there looking at my balance thinking what can i do with these. What can i do with any crypto coin. And you know each day since then ive watched and seen the community of nxters who believe that nxt can and is changing the crypto scene. from some lousy bitcoin wanna be pow clones to nxt the serious financial platform it is today. only this week have we been in circles of massive payment processing companys thanks to the community of nxt.
mxt currently has value because of our growing strong motivated and very talented community. and little trolls with there very own troll thread aint gonna stop this.
So folks there you have it nxt isnt a scam and nobody was scammed. It was public and people stepped upto to the mark for the better.
Forget these trolls and this type of behaviour and come and joins us over at www.nxtforum.org  Grin
hero member
Activity: 756
Merit: 506
hero member
Activity: 644
Merit: 500
They were then given to forum members deemed most influential or a friend of the developers, 50 people got ALL THE COINS instantly.

A lie. It was open IPO  that lasted two months and everyone was free to join.

Quote
NXT was all mined, approximately 1,000,000,000 tokens, instantly.

Another lie. Nxt wasn't mined at all as it doesn't need mining to secure the network like bitcoin. So there was "zero" premined. It uses PoS to secure the network which doesn't need mining at all.
hero member
Activity: 574
Merit: 500
U better notbe joking. frictionlesscoin is one of best programmes of the entire USA.

He certainly is entertaining to watch   Cheesy Cheesy Cheesy
hero member
Activity: 700
Merit: 520
U better notbe joking. frictionlesscoin is one of best programmes of the entire USA.
hero member
Activity: 574
Merit: 500
Since Come-from-Beyond boycotts Bitcointalk for censoring his posts in important discussions, enjoy....


An interesting and entertaining thread - https://bitcointalksearch.org/topic/nxt-the-ultimate-scam-will-it-die-because-of-100-pre-mine-given-to-50-people-651057

The OP has a quote of FrictionlessCoin in his sig!

Edit: Speech analysis says that it's another sockpuppet of FrictionlessCoin. How is his NEX btw?

I've not seen a thead this contrived and vehement in a while  Cheesy

Anyone interested in the truth can read it blow by blow in the original announcement thread here >>> https://bitcointalksearch.org/topic/ann-nxt-descendant-of-bitcoin-303898

Then come back and we can play spot the difference with the OP  Cheesy Cheesy Cheesy
hero member
Activity: 739
Merit: 500
Thank you for admitting that NXT is a scam - see this is the mentality of NXT and people behind it.

People who made NXT believe and support scamming.

Fairness is what separates men from animals and the 1st world from the 3rd world.

Fairness and empathy are what make us human.

NXT is inhumane, as proven by the poster above by his support and admission that NXT is a scam, even defending NXT's right to scam you.

Yawn, done with this thread, it's obvious this guy's parents are related.

Maybe Nxt touched him as a child.
hero member
Activity: 700
Merit: 520
I do like some of the ideas and development behind NXT. Unfortunately, I tend to think the 100% premine/IPO model is very problematic for distribution.

This is why you should buy a NEM stake on the NXT AE if you don't already have one.  Distribution is such an unrecognized strength in a currency.  NEM may have taken a PR hit lately, but the distribtion of 1k+ veteran members from BTT is still there and the dev team is as strong as ever.

NEM is unmatched. Its the best by far.
sr. member
Activity: 405
Merit: 250
I do like some of the ideas and development behind NXT. Unfortunately, I tend to think the 100% premine/IPO model is very problematic for distribution.

This is why you should buy a NEM stake on the NXT AE if you don't already have one.  Distribution is such an unrecognized strength in a currency.  NEM may have taken a PR hit lately, but the distribtion of 1k+ veteran members from BTT is still there and the dev team is as strong as ever.
legendary
Activity: 1666
Merit: 1020
expect(brain).toHaveBeenUsed()
Ask, yourself one question?

Did I get 1/50 of 1,000,000,000 insta-mined NXT for free?

If not, then perhaps you should think twice about giving these "special 50" your money.

Ask NXT where is my free NXT?  Ask why you can't mine any today?

buy a nem stake, you have a second chance...
legendary
Activity: 1470
Merit: 1004
Thank you for admitting that NXT is a scam - see this is the mentality of NXT and people behind it.

People who made NXT believe and support scamming.

Fairness is what separates men from animals and the 1st world from the 3rd world.

Fairness and empathy are what make us human.

NXT is inhumane, as proven by the poster above by his support and admission that NXT is a scam, even defending NXT's right to scam you.

Yawn, done with this thread, it's obvious this guy's parents are related.
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