NXT vs Bitcoin, Litecoin, Peercoin and Quark

Sh1n

newbie

Activity: 29

Merit: 0

Quote from: td services on January 18, 2014, 05:35:27 PM

I like the infographics at the beginning of the thread. These are a good way to highlight the project. While I have personal issues about how the pre-sale was handled, I do think NXT is a good addition to a portfolio, even at its current price. I don't want to be responsible for other people missing out on a good investment over my personal dealings. I've installed the client, received some NXT, amazed at how fast it is. I'll be trying some other features.

RESPECT!

Why can't there be more people taking this as an example? If you have both faith and doubts in NXT and/or the ideas it holds, why can't you buy a few NXTs, hold it, and see where that will bring you?
In the meantime, you can use the time to educate yourself with NXT (or cryptocurrency & economy for that matters), perhaps even make some contributions to its development. Or you can just stay away and watch it goes where it goes?

td services

sr. member

Activity: 448

Merit: 250

black swan hunter

I like the infographics at the beginning of the thread. These are a good way to highlight the project. While I have personal issues about how the pre-sale was handled, I do think NXT is a good addition to a portfolio, even at its current price. I don't want to be responsible for other people missing out on a good investment over my personal dealings. I've installed the client, received some NXT, amazed at how fast it is. I'll be trying some other features.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: Uniqueorn on January 18, 2014, 03:37:10 PM

WHY? PLEASE answer this, why would you not just read!?!?!?

Coz he is a troll. Nuff said.

Uniqueorn

full member

Activity: 182

Merit: 100

NXT.org

Quote from: Calhil on January 18, 2014, 03:27:32 PM

Wow I actually wanted to buy some NXT but now that I learned its 100% premined coin I think ill pass. Its just another pump and dump, get rich fast scam coin. I bet only 1% of nxt addresses hold 95% of all the coins just waiting for the price to go up and dump them on the exchanges.
It has been done before and will happen again in the future in this or another way. The only question is how many people will get tricked into buying this worthless stuff.

I am so tired of this idiot shit. Why can't you just read?
WHY? PLEASE answer this, why would you not just read!?!?!?

https://bitcointalksearch.org/topic/m.4577724

Calhil

full member

Activity: 182

Merit: 100

Wow I actually wanted to buy some NXT but now that I learned its 100% premined coin I think ill pass. Its just another pump and dump, get rich fast scam coin. I bet only 1% of nxt addresses hold 95% of all the coins just waiting for the price to go up and dump them on the exchanges.
It has been done before and will happen again in the future in this or another way. The only question is how many people will get tricked into buying this worthless stuff.

Uniqueorn

full member

Activity: 182

Merit: 100

NXT.org

The thing everyone should understand about NXT is that the revolution has just started.

Transparent forging, colored coins, asset exchange, messaging, userfriendly client, universal apps for android and ios, getting added to more exchanges, tons of PR, a lot of news articles etc. is around the corner.
NXT will become so much bigger over the next weeks and months.

And plus all the myths about premining etc. has been shattered here: http://nxtcoin.blogspot.com

So anyone who feels that they missed the train: you didn't. There's still TONS of profits to be made here, we have just started building the train, get aboard

EvilDave

hero member

Activity: 854

Merit: 1001

Quote from: FrictionlessCoin on January 18, 2014, 11:15:42 AM

NXT has a block chain that is a month old that does not require energy or resources to create. Anybody can create a new NXT and issue themselves a billion coins.

So even though I have taken over development of the coin, there is no way I could regenerate all the coins created in the block chain. It is there for all eternity.

Contrast NXT, if someone forks the coin, he can issue himself 1 billion coins, claim a fair distribution and NXT would have a direct competitor. There is no barrier of entry.

Most alt-coins, the barrier of entry of creating a new one is very low. However, to create a coin with 5 peta hashes of network... that is extremely difficult.

Not in the business of knocking ixCoin (shit, I own 200, and it seems like a solid, stable crypto), but just to point out the flaw in FCs reasoning here: If u simply clone NXT, u end up with a billion coins but no community backup, no further development efforts.

The barrier of entry is to making a direct competitor is the accumulation of skills, marketing ability, money and commitment that the NXT core community represents.

(And, btw, i am so not a big NXT stakeholder. Not in the initial distro, bought all I can afford since Xmas, which is around 10,000 NXT at the moment)

td services

sr. member

Activity: 448

Merit: 250

black swan hunter

Yes, the opportunity is there. There is usually a big run-up when a coin get listed on an exchange.

ifightformerkel

legendary

Activity: 1386

Merit: 1000

Quote from: Netnox on January 18, 2014, 11:20:52 AM

NXT pre mine bag holders are trying too hard to get rich

they are rich now, but you can be rich too, buy 1 million nxt and wait 1-2 years, than you get million of dollars.
Nxt rise in the last 24 hours over 100%, and it will not took long than nxt will reach 1 Dollar!
Why, because nxt today get on a chinese exchange site.
Then 10 Dollar, and more.
Now it cost only 0,053 Dollar, yesterday it cost 0,025 Dollar.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: FrictionlessCoin on January 18, 2014, 11:15:42 AM

The real difference between iXcoin and NXT.... iXcoin has a block chain that is 2 1/2 years old and a hash rate or 5 peta hash per second, so you need a lot of money to buy the chain.

NXT has a block chain that is a month old that does not require energy or resources to create. Anybody can create a new NXT and issue themselves a billion coins.

So even though I have taken over development of the coin, there is no way I could regenerate all the coins created in the block chain. It is there for all eternity.

Contrast NXT, if someone forks the coin, he can issue himself 1 billion coins, claim a fair distribution and NXT would have a direct competitor. There is no barrier of entry.

Most alt-coins, the barrier of entry of creating a new one is very low. However, to create a coin with 5 peta hashes of network... that is extremely difficult.

What is X value? 100%?

Netnox

legendary

Activity: 2044

Merit: 1008

NXT pre mine bag holders are trying too hard to get rich

FrictionlessCoin

legendary

Activity: 868

Merit: 1000

Cryptotalk.org - Get paid for every post!

Quote from: Come-from-Beyond on January 18, 2014, 02:42:29 AM

Quote from: HinnomTX on January 17, 2014, 05:30:24 PM

This is begging for an iXcoin vs. Nxt infographic.
I'll offer Uniqueorn a bounty of 4000 NXT (or equivalent IXC lol) to put one together.

Today's market volume:
Nxt VOL 147 BTC.
iXcoin VOL 0.45 BTC.
Lulz.

iXcoin, what is X there? It was premined, that's why "X" was used, iirc. Did FC regenerated the genesis block?

The real difference between iXcoin and NXT.... iXcoin has a block chain that is 2 1/2 years old and a hash rate or 5 peta hash per second, so you need a lot of money to buy the chain.

NXT has a block chain that is a month old that does not require energy or resources to create. Anybody can create a new NXT and issue themselves a billion coins.

So even though I have taken over development of the coin, there is no way I could regenerate all the coins created in the block chain. It is there for all eternity.

Contrast NXT, if someone forks the coin, he can issue himself 1 billion coins, claim a fair distribution and NXT would have a direct competitor. There is no barrier of entry.

Most alt-coins, the barrier of entry of creating a new one is very low. However, to create a coin with 5 peta hashes of network... that is extremely difficult.

td services

sr. member

Activity: 448

Merit: 250

black swan hunter

Quote from: Uniqueorn on January 18, 2014, 02:43:39 AM

Quote from: td services on January 18, 2014, 12:58:33 AM

Quote from: sakkosekk on January 17, 2014, 04:35:04 AM

Quote from: Uniqueorn on January 16, 2014, 06:23:40 PM

Quote from: PinkPotatos on January 16, 2014, 06:17:21 PM

lol infographics means i should buy your premine!

No, it means you should actually read them and attempt to comprehend the actual differences between NXT and other cryptocurrencies and not just regurgitate some FUD you've read.

The fact that all coins exist from go is essential and a feature of NXT, it's very different from being premined.
Every person on Earth could've bought into the genesis block, the fact that you missed out (hey, I did too) has nothing to do with making NXT premined. It simply isn't.

No, every person could not buy it. 70 people on a small forum could. Dalai lama could not buy it, it just stupid to say something like that. "The anyone could buy it" argument just doesn't hold up. There are not enough people on this forum and 70 initial shareholders is not enough. Like it or not, the coin distribution is horrible. In NXTs defence - how else could they do it?

I am holding my NXT, even though the coin distribution is bad. IDK if the market will care about that in the future, but my personal opinion of how good NXT is does not validate the coin distribution. My opinion has noting to do with it.

I was not allowed to buy NXT during the pre-sale, so the claim that "every person could buy it" is false.

proof is required

I've posted it over at https://bitcointalk.org/index.php?topic=407388.40 .

EvilDave

hero member

Activity: 854

Merit: 1001

Lets face it, guys, NXT is winning.
Trolls are either too dumb to figure it out or they are slowly realizing that they are, in fact, on the losing side.

@HinnomTX; Love the mine DOGE/buy NXT strategy, btw, full of win in a very strange way.

Uniqueorn

full member

Activity: 182

Merit: 100

NXT.org

Quote from: luckygenough56 on January 18, 2014, 03:20:04 AM

propaganda

Next = ground during the next months. It has to be to restart healthy and with a decent client that does not require manually launch java crap in the background

Yet another uninformed idiot spewing stupidity.
A decent client is being developed, several actually, that will be 100% userfriendly. Have you still not managed to understand that NXT is still in beta?

This is what cracks me up, first the community is given a chance to buy in for basically nothing and people are like: "Nah, it's probably a scam".
Then when it turns out it wasn't a scam, they whine: "oh well it'll never grow" then when it grows thousands of percent people are like "OMG WHAT A SCAM, I WASN'T HANDED FREE NXT WTF ISTHIS?!?!?! I COULDA BEEN RICH, BUT NOW I AM NOT, WHAT A SCAM!"
But even then when you are still given a chance to get in while the price is still reflective of beta stage you want to wait even further until it grows thousands of more percent, at which point you will go to your shrink and ask him why your head is all fuckedup and constantly losing out on chances to become rich.

luckygenough56

legendary

Activity: 1526

Merit: 1012

propaganda

Next = ground during the next months. It has to be to restart healthy and with a decent client that does not require manually launch java crap in the background

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: Uniqueorn on January 18, 2014, 02:43:39 AM

proof is required

I think he doesn't lie. He missed the train coz read posts of some other guy, who was guessing when the fundraising would end.

Uniqueorn

full member

Activity: 182

Merit: 100

NXT.org

Quote from: td services on January 18, 2014, 12:58:33 AM

Quote from: sakkosekk on January 17, 2014, 04:35:04 AM

Quote from: Uniqueorn on January 16, 2014, 06:23:40 PM

Quote from: PinkPotatos on January 16, 2014, 06:17:21 PM

lol infographics means i should buy your premine!

No, it means you should actually read them and attempt to comprehend the actual differences between NXT and other cryptocurrencies and not just regurgitate some FUD you've read.

The fact that all coins exist from go is essential and a feature of NXT, it's very different from being premined.
Every person on Earth could've bought into the genesis block, the fact that you missed out (hey, I did too) has nothing to do with making NXT premined. It simply isn't.

No, every person could not buy it. 70 people on a small forum could. Dalai lama could not buy it, it just stupid to say something like that. "The anyone could buy it" argument just doesn't hold up. There are not enough people on this forum and 70 initial shareholders is not enough. Like it or not, the coin distribution is horrible. In NXTs defence - how else could they do it?

I am holding my NXT, even though the coin distribution is bad. IDK if the market will care about that in the future, but my personal opinion of how good NXT is does not validate the coin distribution. My opinion has noting to do with it.

I was not allowed to buy NXT during the pre-sale, so the claim that "every person could buy it" is false.

proof is required

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: HinnomTX on January 17, 2014, 05:30:24 PM

This is begging for an iXcoin vs. Nxt infographic.
I'll offer Uniqueorn a bounty of 4000 NXT (or equivalent IXC lol) to put one together.

Today's market volume:
Nxt VOL 147 BTC.
iXcoin VOL 0.45 BTC.
Lulz.

iXcoin, what is X there? It was premined, that's why "X" was used, iirc. Did FC regenerated the genesis block?

td services

sr. member

Activity: 448

Merit: 250

black swan hunter

Quote from: sakkosekk on January 17, 2014, 04:35:04 AM

Quote from: Uniqueorn on January 16, 2014, 06:23:40 PM

Quote from: PinkPotatos on January 16, 2014, 06:17:21 PM

lol infographics means i should buy your premine!

No, it means you should actually read them and attempt to comprehend the actual differences between NXT and other cryptocurrencies and not just regurgitate some FUD you've read.

The fact that all coins exist from go is essential and a feature of NXT, it's very different from being premined.
Every person on Earth could've bought into the genesis block, the fact that you missed out (hey, I did too) has nothing to do with making NXT premined. It simply isn't.

No, every person could not buy it. 70 people on a small forum could. Dalai lama could not buy it, it just stupid to say something like that. "The anyone could buy it" argument just doesn't hold up. There are not enough people on this forum and 70 initial shareholders is not enough. Like it or not, the coin distribution is horrible. In NXTs defence - how else could they do it?

I am holding my NXT, even though the coin distribution is bad. IDK if the market will care about that in the future, but my personal opinion of how good NXT is does not validate the coin distribution. My opinion has noting to do with it.

I was not allowed to buy NXT during the pre-sale, so the claim that "every person could buy it" is false.

Topic: NXT vs Bitcoin, Litecoin, Peercoin and Quark (Read 9905 times)