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Topic: NXT VS NEM - page 2. (Read 14427 times)

full member
Activity: 168
Merit: 100
July 15, 2014, 05:23:33 AM
Hey Devphp! I thought I had an epiphany and that I finally found something innovative in NXT that is not shitcloned from other coins, but later I figured its false alarm. None the less, it brought me to brilliant idea and I finally know what atoni888Buy asset will do, so I am asking you to be my partner!

In my dream I thought that NXT distribution was actually innovative! I will create all coins then spread them to my 5 alts and start selling on exchange (I guess we all know who is BCNext simply by looking who responded to his messages first). But then when I woke up I figured, shit, he copied that too from Ripple (he must have really been in love with ripple since he ripped off almost all his ideas from them). So that lead me to disappointment, although by your logic how everyone builds some of his own, you can argue that involvement of 5 alts was his innovation (as ripple chose transparency in distribution), but I will disregard it since anonymity is big thing in crypto so its not really innovative to use alts.

But.....that lead me to brilliant idea!

Atoni888Buy asset will be used to promote innovation in NXT! We will collect 100 BTC on Asset Exchange and make 100 BTC bounty (that is 62k USD, quite nice bounty) to person that makes something in NXT that is not shitcloned from other coins!

What do you say?

I will be something like BCNext in this, I gave my name and cloned the idea of bounty, but it will actually produce something really good for Nexter community! I am sure they will all chip in to remove that stigma of nxt copying every other shit coin, and to finally have at least I from Innovation!

To show how serious I am, I will send 1000 nexter to you so that I am not involved in any financing (since people wouldnt trust me), and you will create the asset. That will be my donation to the project (beside name and idea, well idea is copied from general bounty idea but who cares).

Are you in?
hero member
Activity: 574
Merit: 500
July 15, 2014, 05:22:42 AM
In his own words...

So i hand over tons of BTC for a promise that i will get an unproven altcoin, that will probly be worth nothing?

Seems you didn't get the point.  Let me explain again...

1]  Nxt is 100% proof-of-stake currency.  Why?  Because this lets not to waste tons of electricity and protects against 51% attacks.
2]  Proof-of-stake means that users must own some coins.
3] How to generate coins?  Premine 100% and giveaway like Ripple?  No way.
4] Let's transfer tiny amounts of bitcoins to my address.  More you send, more you get.  Looks good to me.
5]  Why send coins to my own address, not some unspendable address?  I need a way to send the coins back, just in case.  Or fund development of services to promote Nxt, if the total amount happens to be decent.

I hope this explanation will help.

I can find the post where he says Peercoin is flawed and will improve on it if you like. He took the best ideas and merges them to create something great.

CfB commented that Transparent Forging is the only true innovation, the others were existing ideas. But then Nxt is the only one implmenting them successfully so I don't really see the merit in this line of stone throwing.

legendary
Activity: 1302
Merit: 1002
July 15, 2014, 05:13:39 AM
Less than 70 vs at least a 1000. It is a huge difference.
I'm not sure initial distribution matters (and I'm even less sure it should). What we should be comparing is the distribution both currencies have on a given calendar day. So when NEM launches, it has a 1000 or so holders, and on the same day Nxt has 43,000 or so. How does that make NEM better?

I'm also not convinced that an initial wide distribution helps, especially if a lot of those people got their coins for free. Many of them will cash in immediately for free money, and many more will sit back and let other people make the currency worth something. You'll get a lot of bystander apathy. I admit, I'm doing this with other coin give-aways. Why not? Part of why Nxt has been successful is that the relatively few Nxt whales knew the onus was on them to make the currency a success.

We will se it in Volume and price stability after lunch.
NEM vs NXT markets won't lie.
I bet on NEM Cheesy no such cappital conentration like in NXT
sr. member
Activity: 365
Merit: 251
July 15, 2014, 04:51:18 AM
Less than 70 vs at least a 1000. It is a huge difference.
I'm not sure initial distribution matters (and I'm even less sure it should). What we should be comparing is the distribution both currencies have on a given calendar day. So when NEM launches, it has a 1000 or so holders, and on the same day Nxt has 43,000 or so. How does that make NEM better?

I'm also not convinced that an initial wide distribution helps, especially if a lot of those people got their coins for free. Many of them will cash in immediately for free money, and many more will sit back and let other people make the currency worth something. You'll get a lot of bystander apathy. I admit, I'm doing this with other coin give-aways. Why not? Part of why Nxt has been successful is that the relatively few Nxt whales knew the onus was on them to make the currency a success.
full member
Activity: 168
Merit: 100
July 15, 2014, 02:54:56 AM
You shouldn't trust any web site on the Internet. I thought you were around long enough to know it. Read the code and make your own conclusions. Oh, and did I mention you should stay away from decentralized exchanges?

I see, so www.nxt.org is not trustable site. interesting.
full member
Activity: 168
Merit: 100
July 15, 2014, 02:51:42 AM
And I educated my self about Ripple, and I found out that everyone can run rippled server to reach consensus. There is already over 1000 people around the world running it so its pretty decentralized.
sr. member
Activity: 336
Merit: 260
July 15, 2014, 02:51:12 AM
You shouldn't trust any web site on the Internet. I thought you were around long enough to know it. Read the code and make your own conclusions. Oh, and did I mention you should stay away from decentralized exchanges?
full member
Activity: 168
Merit: 100
July 15, 2014, 02:48:57 AM
Finally sane person who agrees that everything in NXT is copy. So where is that innovation then?

I guess only butthurts here are people that bought nxt at 9 cents to see their investment go south and now have to spread lies about "originality" and "innovation" around forum. Well, I wish them luck with their bags.

EDIT: I thought that www.nxt.org is official web page. Sorry if its just some nxt pumpers idea. its innovative like nxt to spread lies around, rofl

You can call me insane, but I didn't say what you claim I said about everything in NXT being a copy. You just made it up Smiley

Investments are risky and fluctuate, correct me if I am wrong, but didn't Bitcoin also lose about the same from its all time high? What do you invest in that always goes upwards only?

No, you thought wrong, there is no official website for NXT. There is only semi-official forum where developers post updates to the bitbucket repository of new NXT releases, everything else is decentralized in NXT, get used to it Smiley

Well, you said that he copied pos, decentralized exchange, colored coins, aliases, gateways.....so what is left? lol

I see, so nxt is just bunch of kids setting up web sites with lies on them?

Which web site should I trust about nxt then? Can you show me even 1 which doesnt have tons of lies on it?
sr. member
Activity: 336
Merit: 260
July 15, 2014, 02:44:06 AM
Finally sane person who agrees that everything in NXT is copy. So where is that innovation then?

I guess only butthurts here are people that bought nxt at 9 cents to see their investment go south and now have to spread lies about "originality" and "innovation" around forum. Well, I wish them luck with their bags.

EDIT: I thought that www.nxt.org is official web page. Sorry if its just some nxt pumpers idea. its innovative like nxt to spread lies around, rofl

You can call me insane, but I didn't say what you claim I said about everything in NXT being a copy. You just made it up Smiley

Investments are risky and fluctuate, correct me if I am wrong, but didn't Bitcoin also lose about the same from its all time high? What do you invest in that always goes upwards only?

No, you thought wrong, there is no official website for NXT. There is only semi-official forum where developers post updates to the bitbucket repository of new NXT releases, everything else is decentralized in NXT, get used to it Smiley
full member
Activity: 168
Merit: 100
July 15, 2014, 02:39:02 AM
I didnt say he copied algo but idea.

Ripple is fully decentralized currency.

I told you already I am not butthurt, I am laughing, am just annoyed to all the lies nxt people spread around.

They should start by changing their web page which still says nxt is fastest crypto and that there is no fees on asset exchange (but I guess lies are nxt business model).

So will you be investor in atoni888Buy asset? It will be honest 100%, same as everything on nxt lol

He might have copied the idea, so what. Peercoin's PoS implementation is faulty, he improved on it. Peercoin copied the idea from real world in the first place, it's all about going and improving the older inventions to make them more advanced. Are you surprised? That's how the world works, sorry to break it to you this way.

Ripple is not decentralized, it's distributed, feel free to look up the difference.

Go tell them to change the web page, which web page are you referring to, by the way? There is no official website for NXT, it's decentralized, you can set up your own website, that would be same as others, and you can put on the webpage whatever you want. There is only a semi-official forum at nxtforum.org

What do you offer with your asset? Tell me all terms, I'll think about it.

Finally sane person who agrees that everything in NXT is copy. So where is that innovation then?

I guess only butthurts here are people that bought nxt at 9 cents to see their investment go south and now have to spread lies about "originality" and "innovation" around forum. Well, I wish them luck with their bags.

EDIT: I thought that www.nxt.org is official web page. Sorry if its just some nxt pumpers idea. its innovative like nxt to spread lies around, rofl
sr. member
Activity: 336
Merit: 260
July 15, 2014, 02:33:19 AM
I didnt say he copied algo but idea.

Ripple is fully decentralized currency.

I told you already I am not butthurt, I am laughing, am just annoyed to all the lies nxt people spread around.

They should start by changing their web page which still says nxt is fastest crypto and that there is no fees on asset exchange (but I guess lies are nxt business model).

So will you be investor in atoni888Buy asset? It will be honest 100%, same as everything on nxt lol

He might have copied the idea, so what. Peercoin's PoS implementation is faulty, he improved on it. Peercoin copied the idea from real world in the first place, it's all about going and improving the older inventions to make them more advanced. Are you surprised? That's how the world works, sorry to break it to you this way.

Ripple is not decentralized, it's distributed, feel free to look up the difference.

Go tell them to change the web page, which web page are you referring to, by the way? There is no official website for NXT, it's decentralized, you can set up your own website, that would be same as others, and you can put on the webpage whatever you want. There is only a semi-official forum at nxtforum.org

What do you offer with your asset? Tell me all terms, I'll think about it.
full member
Activity: 168
Merit: 100
July 15, 2014, 02:27:26 AM
atoni, still butthurt? go see a doctor, haha Cheesy

NXT's PoS algo has nothing to do with Peercoin's.
Peercoin has centralized checkpoints, NXT does not.

You can't copy a decentralized exchange from Ripple, because Ripple is not decentralized. You can copy an exchange, but exchange is something that has been around for thousands of years, haha, it's like a wheel that was invented long ago.

You can't premine a 100% PoS coin, because it cannot be mined in the first place and all PoS coins must be generated all at the same time.

Aliases, gateways, yeah, he copied those, so what, both are natural developments to make life easier for users, expect a lot more things to be copied that add value to NXT.

Still butthurt?

I didnt say he copied algo but idea.

Ripple is fully decentralized currency.

Then premine is just semantics, he copied the idea of generating all coins at once from ripple.

I told you already I am not butthurt, I am laughing, am just annoyed to all the lies nxt people spread around.

They should start by changing their web page which still says nxt is fastest crypto and that there is no fees on asset exchange (but I guess lies are nxt business model).

So will you be investor in atoni888Buy asset? It will be honest 100%, same as everything on nxt lol

Will someone finally tell me 1 thing that came from nxt which is original? (except digital goods store, which will be bullsh.t as we all know it)
sr. member
Activity: 336
Merit: 260
July 15, 2014, 02:22:35 AM
atoni, still butthurt? go see a doctor, haha Cheesy

NXT's PoS algo has nothing to do with Peercoin's.
Peercoin has centralized checkpoints, NXT does not.

You can't copy a decentralized exchange from Ripple, because Ripple is not decentralized. You can copy an exchange, but exchange is something that has been around for thousands of years, haha, it's like a wheel that was invented long ago.

You can't premine a 100% PoS coin, because it cannot be mined in the first place and all PoS coins must be generated all at the same time.

Aliases, gateways, yeah, he copied those, so what, both are natural developments to make life easier for users, expect a lot more things to be copied that add value to NXT.

Still butthurt?
legendary
Activity: 952
Merit: 1000
Yeah! I hate ShroomsKit!
July 15, 2014, 02:21:29 AM
THIS:

You buy NEM stakes on the NXT Asset Exchange. Nuff said.
full member
Activity: 168
Merit: 100
July 15, 2014, 02:14:01 AM

[/quote]

NEM is a clone what will happen to it six months down the road?  Will they continue to copy NXT features? There is no point in NEM currencies like Ripple, Counterparty, Cloaksend, Mastercoin, NXT, and MaidSafe are more original than NEM
[/quote]

Actually if you were around for long enough you wouldnt be saying that. If any coin is copying things its NXT. It was born out of BCNext envy of Ripple (you can see it in his main post) from whom he copied entire premine idea, then he copied POS from PeerCoin, then he copied decentralized exchange from Ripple, then Alliases from Ripple, now Gateways from Ripple and not to mention colored coins.

Go to their forum and read how their main developer come from above and beyond is openly talking how he is watching NEM to copy from it same as he did with copying from other coins.

Other then digital goods store (which is frustration since no normal store accepts nxt, and will probably be a land for thiefs and scammers same as asset exchange) which idea was originally from next?
newbie
Activity: 20
Merit: 0
July 14, 2014, 11:56:18 PM
You buy NEM stakes on the NXT Asset Exchange. Nuff said.
hero member
Activity: 756
Merit: 506
July 14, 2014, 09:18:12 PM
+1 to nutidah......TS is starting to be a joke, even to the NEM community.

Heres some reading for him:

http://www.maxkeiser.com/2014/07/nxtmax-coin-startcoin-and-txtcoinsnow-and-the-global-mobile-virtual-network-operator-mvno/



Max Keiser is a real joke on this forum.  He's been pumping and dumping coins like Max Coin and Quark for a very long time.  When Keiser tried to pump Darkcoin - it triggered a selling dump, lmao!

If crypto currencies were securities then Keiser likely would had gone to jail already for having his hand in the equivalent of penny stock scams.  If we go by Keiser's track record, in which every coin he advertises or tries to pump goes to ruin, then NxT isn't far from a collapse.

hero member
Activity: 854
Merit: 1001
July 14, 2014, 08:25:50 PM
+1 to nutidah......TS is starting to be a joke, even to the NEM community.

Heres some reading for him:

http://www.maxkeiser.com/2014/07/nxtmax-coin-startcoin-and-txtcoinsnow-and-the-global-mobile-virtual-network-operator-mvno/

legendary
Activity: 3010
Merit: 8114
July 14, 2014, 06:56:40 PM

You're just a bagholder who bought in at 8+ cents and have been waiting for NxT to recover.  Of course you'll be bullish but in reality the NxT whales and people like me who bought under 3 cents are only selling.


Aren't you the one who likes to impress noobs with your deep, deep understanding of reason and philosophy by always undercutting their arguments on the grounds that they are logical fallacies?

Way to counter my argument. NXT price wasn't higher in its pre-exchange days, BTW, I don't know what reality you are remembering but its not this one.

So what point is it exactly that you think you are making when you cut down on NXT with each and every message you write?
hero member
Activity: 756
Merit: 506
July 14, 2014, 04:21:00 PM
You say 1 month and I say 6 months.  NxT hasn't quite recovered to when it used to be a stable 8 to 9 cents back in early 2014, the price went off the cliff after the public became aware of NxT's distribution.


You're absolutely wrong and you understand nothing about trends. NXT has barely even been a coin for 6 months.

Furthermore, I don't understand what good you think you are doing for your (apparently massive) NEM investment by constantly bashing NXT. NEM would be nothing without NXT. NEM is currently backed by nothing other than NXT and a bunch of promises.

You said NEM is working on some new features that distinguish it from being a NXT clone yet you don't bother to mention what they are.

I don't know what agenda you think you're promoting as you are all over the map with your viewpoints.

Lmfao - NxT goes back way further than 6 months, don't go with this "official launch" BS.  I had NxT in my wallet in 2013.  You can't pretend that NxT launched in February or whatever your convenient date is.

You're just a bagholder who bought in at 8+ cents and have been waiting for NxT to recover.  Of course you'll be bullish but in reality the NxT whales and people like me who bought under 3 cents are only selling.

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