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Topic: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people? - page 9. (Read 14995 times)

sr. member
Activity: 448
Merit: 250
electroneum.com
HA HA

Its the #3 crypto

LOL

Yeah total fail Roll Eyes
legendary
Activity: 1310
Merit: 1000
hero member
Activity: 644
Merit: 500

Only NXT can have a totally fake $70m cap with less than $100K average volume over the past few months.

The average has  been  over 100K past month, reaching a height of 2 million in 24 hours a couple of weeks ago.

Lets not forget Nxt have built in features that have potential to increase volume significantly, such as asset exchange and coming soon decentralized goods store where people can buy and sell stuff within decentralized blockchain. Say goodbye to centralized silkroad
legendary
Activity: 2674
Merit: 2965
Terminated.
It's a catastrophe. NXT has created a false illusion of non existent liquidity. Even the coins are are being mined aren't really well distributed, a fully premined coin is much worse. 

Also, if NXT is a catastrophe, then what do you call Shibecoin, BlueCoin and 100 other scam-purposed coins? In terms of price action, XC, Monero and VertCoin are far greater catastrophes. Its not really a matter of opinion.
Well they are just worse. Such coins are so bad that they aren't even worth mentioning!
hero member
Activity: 644
Merit: 500
Nxt is good Nem is better

Nxt bad distribution Nem best distribution ever (best for multi-stakeholders)

Enrich. NEM.

And for that reason, NEM will never have a market cap close to NXT. The sooner you realize the rigged nature of crypto, the better. "Fair" in crypto is actually worse if you're looking at it from the investor's standpoint looking to make some quick money.

Only NXT can have a totally fake $70m cap with less than $100K average volume over the past few months.

I'm not saying doing buy this or that, I'm just saying for what it is. Make your own choices. Wink
newbie
Activity: 6
Merit: 0
Nxt is good Nem is gooder

Nxt bader distribution Nem bestest distribution ever (best for mini-stakeholders)

Enrice. NEM.
hero member
Activity: 700
Merit: 520
Nxt is good Nem is better

Nxt bad distribution Nem best distribution ever (best for multi-stakeholders)

Enrich. NEM.
legendary
Activity: 930
Merit: 1010
Not that I am defending the NXT distribution.

I'm defending it. There's absolutely nothing wrong with it contrary to all the nonsense posted.

Firstly, it wasn't a "distribution" it was an auction. Fair and square, so stop judging it as one.

Secondly, it doesn't matter squat whether you receive 70, 700 or 7000 takers for said "auction" because any of those numbers are a tiny portion of the ultimate market. So all these ignorant hypocrites parading themselves as self-appointed ethics police are just being selective about what they define as "fair".

In commerce, there is an unambiguous definition of "fair". What's fair is what's agreed. So if you don't think it's fair, don't agree to invest.

Another thing that makes their "crusade" a bit ridiculous is the fact that they keep banging on about "billionaire" stakeholders when talking about purely hypothetical numbers. If you just take a price and multiply it by a holding then sure, you get a pretty high number, but the other side of the so called "bad distribution" coin is that that amount can never be realised. A much wider distribution HAS to take place before the original stakeholders can even realise a tiny part of their holdings - so it all evens itself out.

I'm not saying they don't ultimately stand to make a lot of money - they do. I'm saying that I don't have a problem with that and it doesn't create the kind of adverse investment conditions for others that the critics claim it does.


Well put
legendary
Activity: 3066
Merit: 1188
Not that I am defending the NXT distribution.

I'm defending it. There's absolutely nothing wrong with it contrary to all the nonsense posted.

Firstly, it wasn't a "distribution" it was an auction. Fair and square, so stop judging it as one.

Secondly, it doesn't matter squat whether you receive 70, 700 or 7000 takers for said "auction" because any of those numbers are a tiny portion of the ultimate market. So all these ignorant hypocrites parading themselves as self-appointed ethics police are just being selective about what they define as "fair".

In commerce, there is an unambiguous definition of "fair". What's fair is what's agreed. So if you don't think it's fair, don't agree to invest.

Another thing that makes their "crusade" a bit ridiculous is the fact that they keep banging on about "billionaire" stakeholders when talking about purely hypothetical numbers. If you just take a price and multiply it by a holding then sure, you get a pretty high number, but the other side of the so called "bad distribution" coin is that that amount can never be realised. A much wider distribution HAS to take place before the original stakeholders can even realise a tiny part of their holdings - so it all evens itself out.

I'm not saying they don't ultimately stand to make a lot of money - they do. I'm saying that I don't have a problem with that and it doesn't create the kind of adverse investment conditions for others that the critics claim it does.
legendary
Activity: 1050
Merit: 1000
I was here but had no chance to get any through a fair means like mining.

I had to pay the devs an instant 50x BTC profit to get any - thats right all was SOLD for instant 50x profit...

It is the most illiquid coin on the top 10 - DOGE floats as a serious currency better than NXT.

FAKE Auroracoin Market-cap = nothing.

Liquidity (not faked) everything.

How is spending money mining fairer than spending money buying? If anything you are being a less of a burden on the society by wasting less electricity.

Not that I am defending the NXT distribution.
hero member
Activity: 700
Merit: 520
Nothing is fair .Btc is not fair either.
Do you think so?

the only fair project on bitcointalk is New Economy Movement.
at least we have the best profit and that is all count.
member
Activity: 69
Merit: 10
Nothing is fair .Btc is not fair either.
Do you think so?
full member
Activity: 237
Merit: 100
Less volume than Cinni Coin which is $1.5 million capitalization.

NxT is 'fair distribution', but only fair to those who knew BCnext  Wink

No one knows who BCnext is. He's keeping himself totally anonymous, so he probably didn't even tell people he knew in real life about Nxt. Those who gambled on BCnext being legit and being actually able deliver got rewarded. Unfortunately those who gambled on other anonymous devs (e.g. AsiaCoin,WhiteCoin,HonorCoin etc.) got burnt. Sometimes longshots come in. Investors/Gamblers take risks and get rewarded when they pay off.
sr. member
Activity: 378
Merit: 265
It is not a scam, because it was never a secret it was initialy spread to 50 people.
It is another question that this is unfair distribution tough.
hero member
Activity: 644
Merit: 500

Do you think he is just trying to buy cheap NXT to buy more stake?

No, I think he is just jealous and wants Nem to be #3 Smiley

Irony, given Nem started with No Envy Movement slogan when it was planned just a simple Nxt clone 
legendary
Activity: 3010
Merit: 8114
NxT is 'fair distribution', but only fair to those who knew BCnext  Wink

 IPO was open to anyone and was publicly posted BTT forum

The difference is that Nxt didn't even developer's stake, unlike lNem with 25% reserved for developers plus Nem "founder" getting caught with using sock puppet to claim even more than that

For some reason TS doesn't get that NXT and NEM have a synergistic relationship right now. In order to buy NEM stakes you have to first buy NXT. NXT's success can legitimize NEM, but NEM doesn't have an impact on the legitimacy of NXT.

Do you think he is just trying to buy cheap NXT to buy more stake? It seems likely after that nutjob CFA's unabashed antics.
hero member
Activity: 644
Merit: 500
NxT is 'fair distribution', but only fair to those who knew BCnext  Wink

 IPO was open to anyone and was publicly posted BTT forum

The difference is that Nxt didn't even developer's stake, unlike lNem with 25% reserved for developers plus Nem "founder" getting caught with using sock puppet to claim even more than that
full member
Activity: 196
Merit: 100
Less volume than Cinni Coin which is $1.5 million capitalization.

NxT is 'fair distribution', but only fair to those who knew BCnext  Wink

Exactly.

The marketcap is a total lie and I wonder how big the bribe to coinmarketcap owners was??
full member
Activity: 196
Merit: 100
Only an ultimate noob can open a thread like this!!!

Scream your fear that NXT scam is being exposed a little louder lol.

When NXT results to 60pt font screaming, you know you have hit on the truth with them.

They are trying to scream their black hearted truth away, from your ears...
hero member
Activity: 756
Merit: 506
Less volume than Cinni Coin which is $1.5 million capitalization.

NxT is 'fair distribution', but only fair to those who knew BCnext  Wink
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