I don't understand why people say NXT is dead.
It does have some temporary transfer velocity problems but other than that it's perfectly fine. It was overvalued in the past years, people thought it would take over the stock market in a week, but they were wrong.
Obviously this kind of technology needs 5-10 years to develop. NXT is just having a lack of marketing right now, but all devs are working pretty hard to develop this coin.
It needs some media attention.
Topic: Poll result: NXT is a proper cryptocurrency - page 17. (Read 24859 times)
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http://www.jl777.org/ ---> This site is temporarily unavailable
Next time go to supernet.org.
Oh no! bcdev.net gives out BAD GATEWAY. bcdev is dead!!!
Yes, let's discuss people and personalities instead of answering the OP's question.
Or not...
All year long, the market has been saying NXT is a scam. The only reason it's not lower is because the insiders who got in cheap keep the price propped up, as they slowly dump on gullible simpletons like LiQio.
^^^That's what a dying coin looks like. NXT is abandoned, with a pathetic <100BTC in daily volume.
After all the hype and glittering promises NXT is still useless for anything except creating and dumping scam assets like j777hodl.
Or not...
All year long, the market has been saying NXT is a scam. The only reason it's not lower is because the insiders who got in cheap keep the price propped up, as they slowly dump on gullible simpletons like LiQio.
^^^That's what a dying coin looks like. NXT is abandoned, with a pathetic <100BTC in daily volume.
After all the hype and glittering promises NXT is still useless for anything except creating and dumping scam assets like j777hodl.
^
classic
I don't know CfB looks like that troll is pretty canned, grumpy and it's logic often fails completely. Definitely a real piece of work.
I got in a dig at you while (not "instead of") answering the OP's question ("Yes, the market obviously thinks NXT is a scam.")
Are you mad about your bag of NXT becoming more difficult to continue holding?
Well too bad, because I'm going to make sure it gets so heavy it crushes you under its weight...
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http://www.jl777.org/ ---> This site is temporarily unavailable
#REKT
Yes, let's discuss people and personalities instead of answering the OP's question.
Or not...
[...] as they slowly dump on gullible simpletons like LiQio.
Or not...
[...] as they slowly dump on gullible simpletons like LiQio.
^
classic
I don't know CfB looks like that troll is pretty canned, grumpy and it's logic often fails completely. Definitely a real piece of work.
Nice chart, may I have the same for Bitcoin for comparison? Thank you in advance.
The NXT chart is priced in BTC. Not sure why you GAF about fiat.
The key point is not the price decline, but rather the disappearing volume.
BTC volume is stable over the last year+. Nobody is trading NXT.
The air is leaking out of the NXT market. It's a dead scam-coin+scam-platform and the corpse is cooling off.
Like Supernet, the only thing it was good for was making jl777 a lot of BTC.
actually all of coins tend to have the same long term chart!
The key point is not the price decline, but rather the disappearing volume...
I am working on some nice indicators you know, volume is something I will research soon for them!
Nice chart, may I have the same for Bitcoin for comparison? Thank you in advance.
The NXT chart is priced in BTC. Not sure why you GAF about fiat.
The key point is not the price decline, but rather the disappearing volume.
BTC volume is stable over the last year+. Nobody is trading NXT.
The air is leaking out of the NXT market. It's a dead scam-coin+scam-platform and the corpse is cooling off.
Like Supernet, the only thing it was good for was making jl777 a lot of BTC.
actually all of coins tend to have the same long term chart!
The key point is not the price decline, but rather the disappearing volume...
NXT = Java = popular websites = MtGox
And iCEBREAKER will never become a rational amicable person with fairly balanced views with an open mind.
I know, I'm back after a long break and now am collecting trolls to play with. He is quite promising.
I don't know CfB looks like that troll is pretty canned, grumpy and it's logic often fails completely. Definitely a real piece of work.
Yes, let's discuss people and personalities instead of answering the OP's question.
Or not...
All year long, the market has been saying NXT is a scam. The only reason it's not lower is because the insiders who got in cheap keep the price propped up, as they slowly dump on gullible simpletons like LiQio.
^^^That's what a dying coin looks like. NXT is abandoned, with a pathetic <100BTC in daily volume.
After all the hype and glittering promises NXT is still useless for anything except creating and dumping scam assets like j777hodl.
http://www.jl777.org/ ---> This site is temporarily unavailable
Nice chart, may I have the same for Bitcoin for comparison? Thank you in advance.
Yes, I still think NXT has no difference from other coins in altcoin scene. People buy it for obvious reasons, and that's not real life usage.
NXT = Java = popular websites = MtGox
And iCEBREAKER will never become a rational amicable person with fairly balanced views with an open mind.
I know, I'm back after a long break and now am collecting trolls to play with. He is quite promising.
I don't know CfB looks like that troll is pretty canned, grumpy and it's logic often fails completely. Definitely a real piece of work.
Yes, let's discuss people and personalities instead of answering the OP's question.
Or not...
All year long, the market has been saying NXT is a scam. The only reason it's not lower is because the insiders who got in cheap keep the price propped up, as they slowly dump on gullible simpletons like LiQio.
^^^That's what a dying coin looks like. NXT is abandoned, with a pathetic <100BTC in daily volume.
After all the hype and glittering promises NXT is still useless for anything except creating and dumping scam assets like j777hodl.
http://www.jl777.org/ ---> This site is temporarily unavailable
@r0ach:
Can you elaborate?
As I understand PoS chance to forge raises linearly with stake.
If I have 25kNXT, I'll forge 1 block per month. If I have 100kNXT, I'll forge 4 blocks. If I have 1 million NXT, I'll forge 100. [These are approximate averages ofc.]
What stake distribution is better? Can you elaborate? As I see right now pooling doesn't give any [financial] advantage. It's not PoW where pooling makes sense.
To be fair, pooling makes sense with really small stakes (?< 25kNXT?). But I don't understand how coin age could help here.
Can you elaborate?
As I understand PoS chance to forge raises linearly with stake.
If I have 25kNXT, I'll forge 1 block per month. If I have 100kNXT, I'll forge 4 blocks. If I have 1 million NXT, I'll forge 100. [These are approximate averages ofc.]
What stake distribution is better? Can you elaborate? As I see right now pooling doesn't give any [financial] advantage. It's not PoW where pooling makes sense.
To be fair, pooling makes sense with really small stakes (?< 25kNXT?). But I don't understand how coin age could help here.
And where is the pressure for Nxt forgers (stakers, as r0ach puts it) to pool their stakes ?
There is no extra forging power to be gained by combining stakes: running 10x 1 million NXT stakes gets you just as much income as running one 10 million NXT stake.
And, there is no economy of scale with Nxt forging equipment: a RaspPi2 will forge just as efficiently as the latest quad-core rig.
The costs of running a Nxt node are by design very low (as are the rewards
) in order to ensure that Nxt will remain decentralised as it scales up.
There is no extra forging power to be gained by combining stakes: running 10x 1 million NXT stakes gets you just as much income as running one 10 million NXT stake.
And, there is no economy of scale with Nxt forging equipment: a RaspPi2 will forge just as efficiently as the latest quad-core rig.
The costs of running a Nxt node are by design very low (as are the rewards
) in order to ensure that Nxt will remain decentralised as it scales up. Because without a coin age variable, which was dropped from all PoS coins due to security reasons, you have to pool stake to compete with the whales forging.
NXT is really impressive and admirable, a true flagship for the cryptocurrency development.
It is definitely not a scam, and people just now start to realize how feature-rich this altcoin is.
It is definitely not a scam, and people just now start to realize how feature-rich this altcoin is.
We do have a couple of comparison projects running, showing all the gen 2.0 systems and their features:
https://nxtforum.org/general-discussion/help-design-a-comparative-matrix-for-presentation-and-nxt-wiki/
But really, it's NXT all the way: we're having dinner round at Barclays house tonight:
https://events.barclays.com/ehome/131090/298522/?categoryid=1101963
and CoinOutlet have discovered the joys of actually using Nxt:
http://coinoutletatm.com/
https://youtu.be/FN0gUIVYu2s?t=10m36s
and jl777 may have come up with a cheap and effective coinshuffle via InstantDex, even before Nxts own implementation of Coin Shuffling
:
https://nxtforum.org/nxtservices-releases/jumblr-decentralized-bitcoin-mixer-seeking-marketing-lead-and-also-gui-dev/
If anyone wants a job.....
https://nxtforum.org/general-discussion/help-design-a-comparative-matrix-for-presentation-and-nxt-wiki/
But really, it's NXT all the way: we're having dinner round at Barclays house tonight:
https://events.barclays.com/ehome/131090/298522/?categoryid=1101963
and CoinOutlet have discovered the joys of actually using Nxt:
http://coinoutletatm.com/
https://youtu.be/FN0gUIVYu2s?t=10m36s
and jl777 may have come up with a cheap and effective coinshuffle via InstantDex, even before Nxts own implementation of Coin Shuffling
:https://nxtforum.org/nxtservices-releases/jumblr-decentralized-bitcoin-mixer-seeking-marketing-lead-and-also-gui-dev/
If anyone wants a job.....
can someone list out some of the pros/cons of nxt vs bitshares. i dont think its documented anywhere.
NXT
- Once stakers have to pool their stake, which is inevitable, or the network doesn't function, the system basically becomes a far less efficient, less distributed version of DPoS, so I consider NXT currently a dead end system as described by problems under the standard proof of stake section in this post:
https://bitcointalksearch.org/topic/the-state-of-crypto-the-only-serious-thread-on-the-subforum-1171109
- Once stakers have to pool their stake, which is inevitable, or the network doesn't function, the system basically becomes a far less efficient, less distributed version of DPoS, so I consider NXT currently a dead end system as described by problems under the standard proof of stake section in this post:
https://bitcointalksearch.org/topic/the-state-of-crypto-the-only-serious-thread-on-the-subforum-1171109
And where is the pressure for Nxt forgers (stakers, as r0ach puts it) to pool their stakes ?
There is no extra forging power to be gained by combining stakes: running 10x 1 million NXT stakes gets you just as much income as running one 10 million NXT stake.
And, there is no economy of scale with Nxt forging equipment: a RaspPi2 will forge just as efficiently as the latest quad-core rig.
The costs of running a Nxt node are by design very low (as are the rewards
) in order to ensure that Nxt will remain decentralised as it scales up. 
NXT
- Once stakers have to pool their stake, which is inevitable, or the network doesn't function, the system basically becomes a far less efficient, less distributed version of DPoS, so I consider NXT currently a dead end system as described by problems under the standard proof of stake section in this post:
https://bitcointalksearch.org/topic/the-state-of-crypto-the-only-serious-thread-on-the-subforum-1171109
- Once stakers have to pool their stake, which is inevitable, or the network doesn't function, the system basically becomes a far less efficient, less distributed version of DPoS, so I consider NXT currently a dead end system as described by problems under the standard proof of stake section in this post:
https://bitcointalksearch.org/topic/the-state-of-crypto-the-only-serious-thread-on-the-subforum-1171109
What a bold-faced lie. Get out of here you wannabe corporate fascist.
NXT is scam
im sure it
im sure it
Bitcoin, Ethereum and NXT from the shadow are my 3 picks.
Bitcoin is designed to fail:
https://bitcointalk.org/index.php?topic=1176835.0;all
https://bitcointalksearch.org/topic/the-state-of-crypto-the-only-serious-thread-on-the-subforum-1171109
Ethereum:
- There is no way you can predict anything about Ethereum because it's consensus mechanism and other attributes aren't even finalized. It's like saying "the pizza tastes good" after you order it before they even make it.
- The one thing you can predict is that Blockchain 3.0, which will probably be what this guy's post describes below, will require the best consensus mechanism, and best scaling system for the global dex and auxiliary services on top of it. "Turing complete transactions" is not as important as the previous criteria, which is why Bitshares will probably slaughter Ethereum in the long run:
https://bitsharestalk.org/index.php/topic,18434.0.html
NXT
- Once stakers have to pool their stake, which is inevitable, or the network doesn't function, the system basically becomes a far less efficient, less distributed version of DPoS, so I consider NXT currently a dead end system as described by problems under the standard proof of stake section in this post:
https://bitcointalksearch.org/topic/the-state-of-crypto-the-only-serious-thread-on-the-subforum-1171109
Or the big boys will create their centralised blockchains using Nxt 'White Label' blockchains......
Either way, the Nxt core and the main blockchain will remain decentralised.
Either way, the Nxt core and the main blockchain will remain decentralised.
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