NXT::status - page 2. | Bitcointalksearch.org

Thenoticer

sr. member

Activity: 332

Merit: 250

Quote from: TravelsAsia on June 26, 2016, 02:21:56 PM

Quote from: Thenoticer on June 26, 2016, 09:41:22 AM

I hope you guys realize that nxt WILL dump once ardor snapshots are done. Then nxt has zero roadmap for the future and the devs leave nxt and get a stealth ico for their new altcoin that uses some nxt code.

Rip nxt.

I'm trying to understand the logic, it doesn't seem to make much sense. Ardor is NXT 2.0. XT 1.x investors are getting the benefit of higher prices since it's the only way to get into Ardor (NXT 2.0) and the new chain is accumulating a user base without having to offer an ICO. Stealth my ass, the announcement is black and white WEEKS before the snapshots even begin. Everyone wins. It's a little confusing upfront since you don't see projects taking this honest approach.

How would you describe it then?

TravelsAsia

sr. member

Activity: 448

Merit: 250

Quote from: Thenoticer on June 26, 2016, 09:41:22 AM

I hope you guys realize that nxt WILL dump once ardor snapshots are done. Then nxt has zero roadmap for the future and the devs leave nxt and get a stealth ico for their new altcoin that uses some nxt code.

Rip nxt.

I'm trying to understand the logic, it doesn't seem to make much sense. Ardor is NXT 2.0. NXT 1.x investors are getting the benefit of higher prices since it's the only way to get into Ardor (NXT 2.0) and the new chain is accumulating a user base without having to offer an ICO. Stealth my ass, the announcement is black and white WEEKS before the snapshots even begin. Everyone wins. It's a little confusing upfront since you don't see projects taking this honest approach. Ardor could easily raise a lot in BTC with an ICO, the NXT community decided a different path.

freshman777

sr. member

Activity: 406

Merit: 250

Quote from: Thenoticer on June 26, 2016, 02:04:50 PM

What Happens to nxt once ardor starts?

Devs pledge to support it up to Q3 2018, possibly longer if there is demand.
Market will decide what happens to it. Other devs can take over and develop Nxt 1.0 after 2018, it's an open source project.

Thenoticer

sr. member

Activity: 332

Merit: 250

What Happens to nxt once ardor starts?

Quote from: freshman777 on June 26, 2016, 01:52:40 PM

There was one api call broken that jl777 admitted himself can be searched-replaced in his code in 15 minutes but he used this as an excuse and rage quit. Nxt is the most versatile platform on the market, code is evolving all the time. Changes are inevitable and devs do warn in advance and they did warn about that one api call in advance.
There are 999 million coins, 1 million was destroyed.
You should try a better quality fud, it is so uninformed and ignorant.

freshman777

sr. member

Activity: 406

Merit: 250

There was one api call broken that jl777 admitted himself can be searched-replaced in his code in 15 minutes but he used this as an excuse and rage quit. Nxt is the most versatile platform on the market, code is evolving all the time. Changes are inevitable and devs do warn in advance and they did warn about that one api call in advance.
There are 999 million coins, 1 million was destroyed.
You should try a better quality fud, it is so uninformed and ignorant.

rumpey

member

Activity: 68

Merit: 10

Quote from: Thenoticer on June 26, 2016, 01:21:55 PM

Quote from: rumpey on June 26, 2016, 01:19:17 PM

Quote from: boomboom on June 21, 2016, 08:45:15 PM

Quote from: jubalix on June 21, 2016, 06:25:26 PM

can some one fill me in on how NXT is going, it seemed to be one of the best but the devs seem to be going to other projects, this is general impression i had ....

It also seemed to have so many features ....

did the initial distribution kill it?

NXT is undergoing a renaissance ... it was beautiful, still is, and gets better by the day!

NXT tech is superior to nearly everything else, but yes, the distribution didn't fund development, and while it was 100% fair, it did create a LOT of jealousy, and was a nightmare for community to overcome.

The great thing with NXT 2.0 is all the good things remain, BUT the previous mistakes have been corrected!

There is over a billion Nxt for sale on Poloniex, but I can't find how many Nxt are for sale on btc38. Btc38 is the biggest Nxt exchange, and I would guess there must be 3x or 4x more Nxt for sale on it. The Poloniex Nxt for sale added to the btc38 Nxt for sale might be 30% to 50% of all existing Nxt.

Furthermore, there were $2,507,740 total traded Nxt traded yesterday. Although the Nxt distribution wasn't wide enough, this new NXT 2.0 Ardor distribution will certainly be wide enough. The whales from the Nxt distribution must have sold all their coins long ago if 50% of all Nxt are for sale on exchanges, and a further few percent are being traded every day.

Interesting comment. So there are more nxt being sold then exist?

No, there are arguably up to 50% of Nxt for sale on Poloniex and btc38. Poloniex has 10% and btc39 must have more because it has 3 or 4 times the volume of Poloniex.

The $2,507,740 total traded today figure is from coinmarketcap. If you divide it by the price of one Nxt now ($ 0.017753) it works out to about 1.5% of all Nxt being traded per day, but it's probably more like 2% of all Nxt being traded per day because the price has gone up 50% in the last day.

Anyone can buy them, which makes the NXT 2.0 Ardor distribution fair and wide enough.

Thenoticer

sr. member

Activity: 332

Merit: 250

Quote from: rumpey on June 26, 2016, 01:19:17 PM

Quote from: boomboom on June 21, 2016, 08:45:15 PM

Quote from: jubalix on June 21, 2016, 06:25:26 PM

can some one fill me in on how NXT is going, it seemed to be one of the best but the devs seem to be going to other projects, this is general impression i had ....

It also seemed to have so many features ....

did the initial distribution kill it?

NXT is undergoing a renaissance ... it was beautiful, still is, and gets better by the day!

NXT tech is superior to nearly everything else, but yes, the distribution didn't fund development, and while it was 100% fair, it did create a LOT of jealousy, and was a nightmare for community to overcome.

The great thing with NXT 2.0 is all the good things remain, BUT the previous mistakes have been corrected!

There is over a billion Nxt for sale on Poloniex, but I can't find how many Nxt are for sale on btc38. Btc38 is the biggest Nxt exchange, and I would guess there must be 3x or 4x more Nxt for sale on it. The Poloniex Nxt for sale added to the btc38 Nxt for sale might be 30% to 50% of all existing Nxt.

Furthermore, there were $2,507,740 total traded Nxt traded yesterday. Although the Nxt distribution wasn't wide enough, this new NXT 2.0 Ardor distribution will certainly be wide enough. The whales from the Nxt distribution must have sold all their coins long ago if 50% of all Nxt are for sale on exchanges, and a further few percent are being traded every day.

Interesting comment. So there are more nxt being sold then exist?

rumpey

member

Activity: 68

Merit: 10

Quote from: boomboom on June 21, 2016, 08:45:15 PM

Quote from: jubalix on June 21, 2016, 06:25:26 PM

can some one fill me in on how NXT is going, it seemed to be one of the best but the devs seem to be going to other projects, this is general impression i had ....

It also seemed to have so many features ....

did the initial distribution kill it?

NXT is undergoing a renaissance ... it was beautiful, still is, and gets better by the day!

NXT tech is superior to nearly everything else, but yes, the distribution didn't fund development, and while it was 100% fair, it did create a LOT of jealousy, and was a nightmare for community to overcome.

The great thing with NXT 2.0 is all the good things remain, BUT the previous mistakes have been corrected!

There is over a billion Nxt for sale on Poloniex, but I can't find how many Nxt are for sale on btc38. Btc38 is the biggest Nxt exchange, and I would guess there must be 3x or 4x more Nxt for sale on it. The Poloniex Nxt for sale added to the btc38 Nxt for sale might be 30% to 50% of all existing Nxt.

Furthermore, there were $2,507,740 total traded Nxt traded yesterday. Although the Nxt distribution wasn't wide enough, this new NXT 2.0 Ardor distribution will certainly be wide enough. The whales from the Nxt distribution must have sold all their coins long ago if 50% of all Nxt are for sale on exchanges, and a further few percent are being traded every day.

Thenoticer

sr. member

Activity: 332

Merit: 250

Quote from: jubalix on June 21, 2016, 06:25:26 PM

can some one fill me in on how NXT is going, it seemed to be one of the best but the devs seem to be going to other projects, this is general impression i had ....

It also seemed to have so many features ....

did the initial distribution kill it?

Tldr

Nxt tech is evolving into a new altcoin called ardor. Nxt 1.0 tech is seemingly going to be abandonded.
Ardor is running a stealth ico if you're into that sort of thing.

Thenoticer

sr. member

Activity: 332

Merit: 250

Nxt was originaly a platform for develpers to build on. However they refused to include backwards compatibility support for their api's. This def broke several nxt community projects.

Now nxt devs seek to take the tech to the "next" level. But inorder for this to happen the original nxt is being abandoned, yes?

Do the nxt devs have a plan to hand over original nxt development to someone else?

@newbie, do you have anything to say that is outside of your current vocab?

Quote from: ?? on ??

Quote from: Thenoticer on June 26, 2016, 09:42:09 AM

Jl777 left nxt because the devs became dictators.

Now the devs want to leave too.

You are an idiot. Nobody gives a shit about that bitch

Quote from: Thenoticer on June 26, 2016, 09:41:22 AM

I hope you guys realize that nxt WILL dump once ardor snapshots are done. Then nxt has zero roadmap for the future and the devs leave nxt and get a stealth ico for their new altcoin that uses some nxt code.

Rip nxt.

Idiot

Quote from: freshman777 on June 26, 2016, 09:50:57 AM

jl777 was never a nxt developer.
He doesn't speak java, he only knows C.

He doesn't know shit

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

Quote from: ?? on ??

Quote from: Thenoticer on June 26, 2016, 09:42:09 AM

Jl777 left nxt because the devs became dictators.

Now the devs want to leave too.

You are an idiot. Nobody gives a shit about that bitch

Quote from: Thenoticer on June 26, 2016, 09:41:22 AM

I hope you guys realize that nxt WILL dump once ardor snapshots are done. Then nxt has zero roadmap for the future and the devs leave nxt and get a stealth ico for their new altcoin that uses some nxt code.

Rip nxt.

Idiot

Quote from: freshman777 on June 26, 2016, 09:50:57 AM

jl777 was never a nxt developer.
He doesn't speak java, he only knows C.

He doesn't know shit

jl777 is good at promoting his ego though Cheesy

NattyLiteCoin

hero member

Activity: 912

Merit: 1021

If you don’t believe, why are you here?

I know he's a c guy, but has some pretty incredible ideas. You can decompose a robust dectralized system and pass it along to Java devs for implementation. In any regard, I love NXT! It's a great model for what's trying to get accomplished, ICO or not. I hope this push works out for the people that care!

Shrikez

sr. member

Activity: 400

Merit: 263

The Ponzi grandmaster left? That could actually be a reason to buy some.

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

Quote from: freshman777 on June 26, 2016, 09:50:57 AM

jl777 was never a nxt developer.
He doesn't speak java, he only knows C.

I back this claim

freshman777

sr. member

Activity: 406

Merit: 250

jl777 was never a nxt developer.
He doesn't speak java, he only knows C.

Thenoticer

sr. member

Activity: 332

Merit: 250

Jl777 left nxt because the devs became dictators.

Now the devs want to leave too.

Thenoticer

sr. member

Activity: 332

Merit: 250

I hope you guys realize that nxt WILL dump once ardor snapshots are done. Then nxt has zero roadmap for the future and the devs leave nxt and get a stealth ico for their new altcoin that uses some nxt code.

Rip nxt.

NattyLiteCoin

hero member

Activity: 912

Merit: 1021

If you don’t believe, why are you here?

jl777 back on the job???

Enjorlas

hero member

Activity: 788

Merit: 1000

Nxt is seriously underpriced. An alt coin with an $11 million market cap does not get articles in Forbes for no reason.

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

Quote from: sfinxster on June 26, 2016, 07:19:23 AM

Thank god I didn't touch my NXT, still early to sell though

Very early. Especially by looking at the competitor like DAO. NXT can make it 100x or more.
Thank god for the DAO for showing us the way.

The way of how NXT is underpriced Cheesy

Topic: NXT::status - page 2. (Read 2651 times)