NXT WILL PREVAIL! - page 2. | Bitcointalksearch.org

doc12

legendary

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Quote from: nagatlakshmi on February 20, 2015, 12:33:21 AM

Quote from: ?? on ??

Quote from: Hollowman338 on February 18, 2015, 09:15:13 PM

Quote from: ?? on ??

Quote from: jones_ on February 18, 2015, 08:56:26 PM

Quote from: barabbas on February 18, 2015, 05:15:04 PM

Two things: So far, hands down, the best platform there is. No question about it. And support, ALREADY, of an enormous array of assets.

Second thing: Some 70 people own the lot of it. Any one or two of them cashing in, would sink the whole project and render it almost worthless.

That's why the price is 4k instead of 400k.

1. I agree, its pretty wonderful,

2. This isn't a valid argument anymore, only 1 of the 29 or so large whales has 5% of the stake and hasn't sold, all the rest have sold at least parts if not all of their nxt. There are around 50'000 accounts with positive balances on nxt. At this point, nxt can handle any account dumping all of its nxt and still be working fine.

but only around 5000 with a balance of more than 1000 nxt.

all my nxt was spent on assets. Have you accounted for that?

if the nxt are not in your account.. they are in someone elses.. so all nxt in existence would be accounted for.

Many NXT assets are fail. So if you want to play with NXT, Be with NXT.

I think Supernet is not a bad investment and DeBuNe also ...

nagatlakshmi

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Quote from: ?? on ??

Quote from: Hollowman338 on February 18, 2015, 09:15:13 PM

Quote from: ?? on ??

Quote from: jones_ on February 18, 2015, 08:56:26 PM

Quote from: barabbas on February 18, 2015, 05:15:04 PM

Two things: So far, hands down, the best platform there is. No question about it. And support, ALREADY, of an enormous array of assets.

Second thing: Some 70 people own the lot of it. Any one or two of them cashing in, would sink the whole project and render it almost worthless.

That's why the price is 4k instead of 400k.

1. I agree, its pretty wonderful,

2. This isn't a valid argument anymore, only 1 of the 29 or so large whales has 5% of the stake and hasn't sold, all the rest have sold at least parts if not all of their nxt. There are around 50'000 accounts with positive balances on nxt. At this point, nxt can handle any account dumping all of its nxt and still be working fine.

but only around 5000 with a balance of more than 1000 nxt.

all my nxt was spent on assets. Have you accounted for that?

if the nxt are not in your account.. they are in someone elses.. so all nxt in existence would be accounted for.

Many NXT assets are fail. So if you want to play with NXT, Be with NXT.

nzminer

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Quote from: TiberiuC on February 19, 2015, 07:43:15 PM

NXT is the most accomplished altcoin IMO and i don't have a problem with its distribution since altcoin space is very small.
5000 accounts is bad? There are probably less than 25k people active in the altcoin space.

25K is not alot really is it? lol
I would like to find some solid stats on altcoins in general, because that is not alot of people and look at the global marketcap!
It really shows us that we are only at the tip of the iceberg with how big Crypto really will become in the years ahead.
Cheesy

TiberiuC

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NXT is the most accomplished altcoin IMO and i don't have a problem with its distribution since altcoin space is very small.
5000 accounts is bad? There are probably less than 25k people active in the altcoin space.

nzminer

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Activity: 1918

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Quote from: Zer0Sum on February 18, 2015, 10:16:04 PM

Quote from: ?? on ??

but only around 5000 with a balance of more than 1000 nxt.

5,000 is a lot after only one year.

I ran pretty much what you ran, going through every tx...
But I want SERIOUS USERS so the last table requires at least 10 tx/account...
Which gives you about 500 accounts/users with at least 100,000 NXT ($1,000) and 10 tx...
Probably 100 of these are either Devs or Business Owners... how long before someone hits a homerun?

And NXT is worth $10 million... and the Assets have hit $10 million = $20 million total...
That is flat over one year... while BTC is down 62%.

That info is quite interesting, firstly, it does show a good amount of adoption in only a year, secondly it shows there is plenty more room for adoption, and thirdly, it shows that its not too late to get into NXT... Wink

Zer0Sum

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Quote from: ?? on ??

but only around 5000 with a balance of more than 1000 nxt.

5,000 is a lot after only one year.

I ran pretty much what you ran, going through every tx...
But I want SERIOUS USERS so the last table requires at least 10 tx/account...
Which gives you about 500 accounts/users with at least 100,000 NXT ($1,000) and 10 tx...
Probably 100 of these are either Devs or Business Owners... how long before someone hits a homerun?

And NXT is worth $10 million... and the Assets have hit $10 million = $20 million total...
That is flat over one year... while BTC is down 62%.

UNO_owner

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Activity: 299

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Quote from: barabbas on February 18, 2015, 05:15:04 PM

Two things: So far, hands down, the best platform there is. No question about it. And support, ALREADY, of an enormous array of assets.

Second thing: Some 70 people own the lot of it. Any one or two of them cashing in, would sink the whole project and render it almost worthless.

That's why the price is 4k instead of 400k.

The price is AS HIGH as 4k precisely because it is so unevenly distributed, not AS LOW as 4k because of it.

Hollowman338

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Quote from: ?? on ??

Quote from: jones_ on February 18, 2015, 08:56:26 PM

Quote from: barabbas on February 18, 2015, 05:15:04 PM

Two things: So far, hands down, the best platform there is. No question about it. And support, ALREADY, of an enormous array of assets.

Second thing: Some 70 people own the lot of it. Any one or two of them cashing in, would sink the whole project and render it almost worthless.

That's why the price is 4k instead of 400k.

1. I agree, its pretty wonderful,

2. This isn't a valid argument anymore, only 1 of the 29 or so large whales has 5% of the stake and hasn't sold, all the rest have sold at least parts if not all of their nxt. There are around 50'000 accounts with positive balances on nxt. At this point, nxt can handle any account dumping all of its nxt and still be working fine.

but only around 5000 with a balance of more than 1000 nxt.

all my nxt was spent on assets. Have you accounted for that?

jones_

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Activity: 63

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Quote from: barabbas on February 18, 2015, 05:15:04 PM

Two things: So far, hands down, the best platform there is. No question about it. And support, ALREADY, of an enormous array of assets.

Second thing: Some 70 people own the lot of it. Any one or two of them cashing in, would sink the whole project and render it almost worthless.

That's why the price is 4k instead of 400k.

1. I agree, its pretty wonderful,

2. This isn't a valid argument anymore, only 1 of the 29 or so large whales has 5% of the stake and hasn't sold, all the rest have sold at least parts if not all of their nxt. There are around 50'000 accounts with positive balances on nxt. At this point, nxt can handle any account dumping all of its nxt and still be working fine.

nzminer

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Activity: 1918

Merit: 1001

Quote from: EvilDave on February 18, 2015, 07:36:24 PM

Quote from: barabbas on February 18, 2015, 05:15:04 PM

Two things: So far, hands down, the best platform there is. No question about it. And support, ALREADY, of an enormous array of assets.

Second thing: Some 70 people own the lot of it. Any one or two of them cashing in, would sink the whole project and render it almost worthless.

That's why the price is 4k instead of 400k.

Aaagghhh...and a facepalm.
I'm gonna go completely mad if I have to tackle the initial distribution issue again........so I won't. Someone else can have a go.... Grin

It's a red herring anyway....NXTs current distribution is no better or worse than that of plenty of other cryptos, there are thousands of people invested in NXT.
Our big stakeholders have (mostly) proved over the last year that they will support NXT, and the few who wanted out of NXT are now out.
I'd like to also point out that the intial stakeholders are not faceless corporations or VC types, but average crypto investors who made a good decision.

NXT is in a good position right now, all it will take is for just one or two of the many current NXT-based projects to hit the big time, and NXT will take off like a train.

+1
I dont see the NEM distribution model being any better either.
There will always be whales with any crypto, and there are some large NEM bagholders, not to mention Bitcoin either.

If a whale dumps all their NXT, it will only be a good thing, even if it does make the price crash, it will allow others to buy the surplus NXT at a good price.

Im sick of the whole get rich quick attitude from alot of investors.

Your playing the wrong game if you think you will make a quick return in 12 months time, im thinking of what things will be like in 5-10 years...

EvilDave

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Quote from: barabbas on February 18, 2015, 05:15:04 PM

Two things: So far, hands down, the best platform there is. No question about it. And support, ALREADY, of an enormous array of assets.

Second thing: Some 70 people own the lot of it. Any one or two of them cashing in, would sink the whole project and render it almost worthless.

That's why the price is 4k instead of 400k.

Aaagghhh...and a facepalm.
I'm gonna go completely mad if I have to tackle the initial distribution issue again........so I won't. Someone else can have a go.... Grin

It's a red herring anyway....NXTs current distribution is no better or worse than that of plenty of other cryptos, there are thousands of people invested in NXT.
Our big stakeholders have (mostly) proved over the last year that they will support NXT, and the few who wanted out of NXT are now out.
I'd like to also point out that the intial stakeholders are not faceless corporations or VC types, but average crypto investors who made a good decision.

NXT is in a good position right now, all it will take is for just one or two of the many current NXT-based projects to hit the big time, and NXT will take off like a train.

Bralex

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Activity: 308

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Next project does have the most development and potential i see within crypto's 2.0, but as barabbas says the wealth distribution is terrible and if one or two of them cashes then the price crashes with them.

They paid so little to become the mega whales they should all give up a % and re distribute show that the project is fair and also generous (not greedy) and they may be surprised what that could do.

Undermood

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BTC has the same problem with it, the minority of ppl hold the vast percentage of bitcoin. But the platform is amazing! There are many developing projects which are really promisin.

barabbas

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Two things: So far, hands down, the best platform there is. No question about it. And support, ALREADY, of an enormous array of assets.

Second thing: Some 70 people own the lot of it. Any one or two of them cashing in, would sink the whole project and render it almost worthless.

That's why the price is 4k instead of 400k.

Hollowman338

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be prepared for the flood of shills

nzminer

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After spending countless hours researching the majority of altcoins and other crypto projects i have come to the decision that NXT should come to the top in my books.

Too many crap coins with poor development, alot of promises and nothing to show for 1 year on, im not saying that all alts are crap, there are some very good projects out there, but most are lacking substance.

Hopefully CMC will be down to one page in 12 months time.

For now, do your research and HODL! Cheesy

Topic: NXT WILL PREVAIL! - page 2. (Read 3413 times)