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Topic: The Centralized NXT IS BEING DEAD - page 11. (Read 15809 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
November 20, 2015, 12:57:03 PM
#38
why is NXT supposedly dieing  Grin  Huh

NXT has been made hideously obsolete by Turing-complete technology such as ETH and rootstock.io.

And it never did anything useful to begin with.

It's just a scam platform for issuing scam assets.

It's also been forked to death, leaving it with almost no community or devs.
sr. member
Activity: 574
Merit: 250
In XEM we trust
November 20, 2015, 12:49:46 PM
#37
why is NXT supposedly dieing  Grin  Huh
The same reason bitcoin is failing and litecoin is already dead, and the whole idea of crypto coins was dead before it started. There is a word for this. I believe it was called trolls.
full member
Activity: 202
Merit: 100
November 20, 2015, 04:50:40 AM
#36
why is NXT supposedly dieing  Grin  Huh
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
November 19, 2015, 11:30:47 PM
#35
NXT is fine where ever the price falls.
ALL COINS ARE fine where ever the price falls. Grin

To a point.
full member
Activity: 187
Merit: 100
November 19, 2015, 10:12:46 PM
#34

Each unit is practically worthless but there´s a billion units so the whole is still worth something..

I guess the same idiots invest in shitcoins and penny stocks.

So, following that logic:  if we converted the one billion Nxt into 1000 units @ $6,300 each, you'd be rushing to buy in ?
And BTC is worthless, because satoshis..... Cheesy


If those 1000 units held the value over a few months at least, yes I might buy in.

But as it is, this dog has tanked by over 90% since last year and its intrinsic value or rather lack of it isn´t likely to change with fewer units.

Litecoin has lost about 96% of its all time high, is that a shitcoin too?



Please, do keep telling us about crypto  Grin (queue the charlie and chocolate factory asshole picture)

It´s at 3 dollars, right? Wasn´t aware that it had traded at almost 100 dollars. When was that and if it happened did it keep that price for longer than two seconds?

Pretty sure it crested $50 during the spike.

50 * 0.06 = 3

1 - 0.06 = 0.94

94% loss.  My bad, I was off 2%

full member
Activity: 187
Merit: 100
November 19, 2015, 10:11:12 PM
#33
NXT is fine where ever the price falls.
ALL COINS ARE fine where ever the price falls. Grin
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
November 19, 2015, 08:26:36 PM
#32
NXT is fine where ever the price falls.
I am trying to figure what to take from this, are you saying the price doesn't matter due to the tech or are you saying the coin isn't worth anything so it doesn't matter?

I'm just saying it isn't the end of the world if the price falls.  That part could recover (or be manipulated).  What concerns me more is the thinning volume.

But as is, without big expectations, NXT is fine.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
November 19, 2015, 07:36:03 PM
#31
NXT is fine where ever the price falls.
full member
Activity: 187
Merit: 100
November 18, 2015, 11:55:17 PM
#30

Not very familiar with this particular shitcoin




If you haven't paid attention to the Top 10 cryptocurrencies for the past 2 years, or if you don't know about "2.0 crypto", you don't have to brag about it
Ok,let me tell you the fact.

NXT manipulated to TOP 3,

then

The creator DUMP gradually to out of TOP 10.

So,the end result is... 

guess what happen. Grin
full member
Activity: 187
Merit: 100
November 18, 2015, 11:49:47 PM
#29
i do not understand why such trolls do not get any bans. it is obviously that this user is spreading pure fud.
If you really read what I said the fact,you will change your mind.
legendary
Activity: 1246
Merit: 1000
November 18, 2015, 09:57:51 PM
#28
....

50 * 0.06 = 3

1 - 0.06 = 0.94

94% loss.  My bad, I was off 2%

Not quite, since unlike NXT, which is completely premined, LTC has had relatively high inflation from the time it was at $42 or whatever until now. Since the discussion was around the market cap of NXT, that would be the more apt point of comparison. Litecoin's ath market cap is ~768M and is now at around 138M, which is drop of about 80%, still a lot, but you were off by a bit more than 2%.

That doesn't reassure the hodler from the peak who lost 94% of their value with respect to fiat.

Nice try though
legendary
Activity: 3136
Merit: 1116
November 18, 2015, 09:51:09 PM
#27
....

50 * 0.06 = 3

1 - 0.06 = 0.94

94% loss.  My bad, I was off 2%

Not quite, since unlike NXT, which is completely premined, LTC has had relatively high inflation from the time it was at $42 or whatever until now. Since the discussion was around the market cap of NXT, that would be the more apt point of comparison. Litecoin's ath market cap is ~768M and is now at around 138M, which is drop of about 80%, still a lot, but you were off by a bit more than 2%.
legendary
Activity: 1246
Merit: 1000
November 18, 2015, 09:44:02 PM
#26

Each unit is practically worthless but there´s a billion units so the whole is still worth something..

I guess the same idiots invest in shitcoins and penny stocks.

So, following that logic:  if we converted the one billion Nxt into 1000 units @ $6,300 each, you'd be rushing to buy in ?
And BTC is worthless, because satoshis..... Cheesy


If those 1000 units held the value over a few months at least, yes I might buy in.

But as it is, this dog has tanked by over 90% since last year and its intrinsic value or rather lack of it isn´t likely to change with fewer units.

Litecoin has lost about 96% of its all time high, is that a shitcoin too?



Please, do keep telling us about crypto  Grin (queue the charlie and chocolate factory asshole picture)

It´s at 3 dollars, right? Wasn´t aware that it had traded at almost 100 dollars. When was that and if it happened did it keep that price for longer than two seconds?

Pretty sure it crested $50 during the spike.

50 * 0.06 = 3

1 - 0.06 = 0.94

94% loss.  My bad, I was off 2%
hero member
Activity: 616
Merit: 500
November 18, 2015, 07:03:46 PM
#25

Each unit is practically worthless but there´s a billion units so the whole is still worth something..

I guess the same idiots invest in shitcoins and penny stocks.

So, following that logic:  if we converted the one billion Nxt into 1000 units @ $6,300 each, you'd be rushing to buy in ?
And BTC is worthless, because satoshis..... Cheesy


If those 1000 units held the value over a few months at least, yes I might buy in.

But as it is, this dog has tanked by over 90% since last year and its intrinsic value or rather lack of it isn´t likely to change with fewer units.

Litecoin has lost about 96% of its all time high, is that a shitcoin too?



Please, do keep telling us about crypto  Grin (queue the charlie and chocolate factory asshole picture)

It´s at 3 dollars, right? Wasn´t aware that it had traded at almost 100 dollars. When was that and if it happened did it keep that price for longer than two seconds?
legendary
Activity: 1246
Merit: 1000
November 18, 2015, 06:51:08 PM
#24

Each unit is practically worthless but there´s a billion units so the whole is still worth something..

I guess the same idiots invest in shitcoins and penny stocks.

So, following that logic:  if we converted the one billion Nxt into 1000 units @ $6,300 each, you'd be rushing to buy in ?
And BTC is worthless, because satoshis..... Cheesy


If those 1000 units held the value over a few months at least, yes I might buy in.

But as it is, this dog has tanked by over 90% since last year and its intrinsic value or rather lack of it isn´t likely to change with fewer units.

Litecoin has lost about 96% of its all time high, is that a shitcoin too?

Please, do keep telling us about crypto  Grin (queue the charlie and chocolate factory asshole picture)
hero member
Activity: 616
Merit: 500
November 18, 2015, 02:37:45 PM
#23

Each unit is practically worthless but there´s a billion units so the whole is still worth something..

I guess the same idiots invest in shitcoins and penny stocks.

So, following that logic:  if we converted the one billion Nxt into 1000 units @ $6,300 each, you'd be rushing to buy in ?
And BTC is worthless, because satoshis..... Cheesy


If those 1000 units held the value over a few months at least, yes I might buy in.

But as it is, this dog has tanked by over 90% since last year and its intrinsic value or rather lack of it isn´t likely to change with fewer units.
hero member
Activity: 854
Merit: 1001
November 18, 2015, 02:29:09 PM
#22

Each unit is practically worthless but there´s a billion units so the whole is still worth something..

I guess the same idiots invest in shitcoins and penny stocks.

So, following that logic:  if we converted the one billion Nxt into 1000 units @ $6,300 each, you'd be rushing to buy in ?
And BTC is worthless, because satoshis..... Cheesy
hero member
Activity: 616
Merit: 500
November 18, 2015, 02:26:05 PM
#21
Like I said, if it´s almost totally worthless it´s probably for a good reason.


So...since there are only 9 altcoins that are worth more than NXT...then there's probably a good reason it's been one of the top 10 most valuable coins for the past 2 years?

Each unit is practically worthless but there´s a billion units so the whole is still worth something..

I guess the same idiots invest in shitcoins and penny stocks.

No, you are the idiot.

Well, at least I´ve not been idiot enough so far to buy this worthless crap.
hero member
Activity: 616
Merit: 500
November 18, 2015, 02:24:36 PM
#20
Like I said, if it´s almost totally worthless it´s probably for a good reason.


So...since there are only 9 altcoins that are worth more than NXT...then there's probably a good reason it's been one of the top 10 most valuable coins for the past 2 years?

Each unit is practically worthless but there´s a billion units so the whole is still worth something..

I guess the same idiots invest in shitcoins and penny stocks.


You don't seem to have a grasp of how things work.  Like stocks, or marketcaps, or mathematics.

When a company splits its stock, and the price per share is cut in half but the number of shares doubles, do you understand that the company is still worth the same amount? 

If you buy $100 worth of an altcoin, and that gets you 50% of the entire supply, then nobody else is buying and the entire coin is only worth $200.  It doesn't matter if you paid $100 for 1 coin and only 1 other coin exists. 

If you buy $100 worth of NXT, the market doesn't even notice.  $100 doesn't get you 1/100th of a percent of the entire supply.  That's because a lot of other people are buying. 

Of all the thousands of altcoins that have ever existed, NXT is one of the most valuable.  If you think it's garbage, then every other coin is garbage too and your statement was unnecessary.  Just saying.

I understand that if each unit is practically worthless it´s for a good reason. Overbloated and overissued and crap to begin with being the most common one. You however seem to lack this elementary understanding.
hero member
Activity: 686
Merit: 500
November 18, 2015, 02:18:39 PM
#19
Like I said, if it´s almost totally worthless it´s probably for a good reason.


So...since there are only 9 altcoins that are worth more than NXT...then there's probably a good reason it's been one of the top 10 most valuable coins for the past 2 years?

Each unit is practically worthless but there´s a billion units so the whole is still worth something..

I guess the same idiots invest in shitcoins and penny stocks.


You don't seem to have a grasp of how things work.  Like stocks, or marketcaps, or mathematics.

When a company splits its stock, and the price per share is cut in half but the number of shares doubles, do you understand that the company is still worth the same amount? 

If you buy $100 worth of an altcoin, and that gets you 50% of the entire supply, then nobody else is buying and the entire coin is only worth $200.  It doesn't matter if you paid $100 for 1 coin and only 1 other coin exists. 

If you buy $100 worth of NXT, the market doesn't even notice.  $100 doesn't get you 1/100th of a percent of the entire supply.  That's because a lot of other people are buying. 

Of all the thousands of altcoins that have ever existed, NXT is one of the most valuable.  If you think it's garbage, then every other coin is garbage too and your statement was unnecessary.  Just saying.
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