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Topic: [WARNING] Nxt is a scam and I have PROOF - page 2. (Read 5154 times)

legendary
Activity: 1225
Merit: 1000
its known fact that people use more accounts and that account explorer doesnt mean anything.

I'm still waiting on your proof that 75% of Nxt is owned by 3-4 people.

"Coz James told me so" is no proof.

Well if you dont believe leading nextcoin developer then ok. I am not forcing you to believe it

Where's the evidence, atoni?

"believe" does not count  Roll Eyes
full member
Activity: 178
Merit: 100
Anyways, bussiness guys love Nxt because it has the best features... (oh wait, the Digital Goods Store is launching soon...)

Btw The only reason Nxt's volume is relatively small is because it is nt just another shit coin and Nxters know that and don't just pump and dump it all the time...
full member
Activity: 168
Merit: 100
its known fact that people use more accounts and that account explorer doesnt mean anything.

I'm still waiting on your proof that 75% of Nxt is owned by 3-4 people.

"Coz James told me so" is no proof.

Well if you dont believe leading nextcoin developer then ok. I am not forcing you to believe it
legendary
Activity: 1092
Merit: 1010
Nice way to turn me commenting on your line of arguing into something completely different.

No, I am not disputing the fact that many many many people have multiple wallets.
I have multiple wallets, too.

I am commenting on the conclusions you draw.

You make claims as if they are solid gold truth, yet the underlying arguments for these claims are much less solid than you present them: *that's* my problem!

Your distribution claim is based on an appeal to authority.
Your wallet conclusion is based on "I do it, so it must be true for the large stakeholders, too".

Let me reiterate: your concern for security is fine.
Your claims that a lot of the features in Nxt are also present in other systems are fine.

You will find no argument from me there, because both are valid and true. Security is paramount in crypto.
I don't share your apparent view that having the same features as other currencies is a bad thing, but that's not really a dividing line.

What amazes me is that for all that, you seem to feel the need to bash on a single small, and not very well documented argument, based on an article that can easily be disputed to make your concerns into fact.

I have yet to see any "fact" on distribution from you, apart from your reference to James' article.

I ask again: do you have anything else apart from: "James said it. I trust James." to back up your points on distribution?
full member
Activity: 168
Merit: 100
Farce is the word you need, Atoni.


It is pretty obvious that this thread is intended as a FUD attack on NXT, and an attempt to pump EXO:

https://bitcointalksearch.org/topic/exo-and-nxt-are-great-coins-sorry-709528

Very coincidental that Cryptonaut and Atoni are the first 2 posts in the above EXO thread.....



LOL, that was a joke from me. You can see all my posts in those couple of days that were all jokes.
legendary
Activity: 1225
Merit: 1000
its known fact that people use more accounts and that account explorer doesnt mean anything.

I'm still waiting on your proof that 75% of Nxt is owned by 3-4 people.

"Coz James told me so" is no proof.
hero member
Activity: 854
Merit: 1001
Farce is the word you need, Atoni.


It is pretty obvious that this thread is intended as a FUD attack on NXT, and an attempt to pump EXO:

https://bitcointalksearch.org/topic/exo-and-nxt-are-great-coins-sorry-709528

Very coincidental that Cryptonaut and Atoni are the first 2 posts in the above EXO thread.....

full member
Activity: 168
Merit: 100
Either I am on your ignore list, or you just refuse to answer my question: Do you, or do you not have facts to back up your assumptions about distribution.

Until the basis of your argument is solid, any further conclusions drawn from it are moot.

It's a basic methodology that cannot be ignored if you want to have a discussion that leads to valid conclusions.

I already answered that. My conclusions come from James word and I am pretty sure he knows all larger holders so his word is good enough for me.

Your methodology is false one, I my self own 4 nextcoin wallets and dont even have nextcoin. So how many wallets do those that have it have? You know yourself that very well

So it's an appeal to authority. Glad to have cleared that up.
That means there is no way to dispute your claims, as they are based on your choice to trust this authority, not on original research.
James himself admits in the article you so gladly selectively quote that his conclusions are based on a "guesstimate".
We're at least clear now on how solid the basis for your conclusions is.

Your second argument is just logically unsound.

Your syllogism goes thus:

Minor premise: I own 4 nextcoin wallets
Major premise: All of my wallets are empty
Conclusion: All large nextcoin holders hold multiple wallets
Addendum: you know I am right.

Um...?

Are you actually saying that people dont have multiple accounts to hold funds? LOL, nice methodology you use, to me mine is a lot better as its known fact that people use more accounts and that account explorer doesnt mean anything.

This is becoming a farse
hero member
Activity: 574
Merit: 500
Ok,

The assertions you have made with no or counterproductive evidence and I have asnwered fully and with links where appropriate and requested, are:

i) MGW was run like an exchange and couldn't be run by none exchange owners- so you agree that its centralised exchange run by exchange owners
ii) That 3-4 people control 75% of Nxt (you still provide no links to blockchain data) If James word is not enough.......he is one of leading nextcoin developers
iii) Attacking Nxt on the grounds of distribution and to be avoided but thinking Ripple is fine to use I dont attack nextcoin at all, and I compare it to Ripple only because it stole all of its ideas from Ripple
iv) Secret pump and dump of jl777holdl on polo when everything was transparent and publicI never said it was secret, actually when I asked that JL777 on nextcoin thread I posted link to, please stop lying about what I said
v) That Ripple is decentralised in the definitions only Ripple users identify with, and the impact this has on your arguments assertions.I dont understand a word you are trying to say
vi) refusing to see the difference between an idea implemented and an idea implemented successfully, and the innovation required to overcome the barriers between the two concepts.you may be mentally disabled. I said that other coins had asset exchange before, so dont understand what you are trying to say at all
vii) When failing in all these attempts to spread FUD, attack me personally.Which fud am I spreading? Saying that nextcoin stole all ideas from other coins but claims to be innovative? Even come-from-above-and-beyond said everything is stolen and only innovation will be transparent forging

Anyone can check this summary against the last couple of pages for accuracy. of course, everyone can check it lol, and say what? next copied all other coins


Finally, I have posted that picture as I found it confusing. It went against all the accepted definitions of Decentralised / Distributed / Centralised I had come across. Come-from-Beyond replied to me and I forget the wording but basically said 'it's a Ripple thing, they use different definitions'. I think it was in the Price Speculation thread if you want to browse it while doing your research  Cheesy you did not post that picture and it wasnt about Ripple's definition at all, and come-from-above-and-beyond didnt even take part in that discussion, it was between me and devphp mainly and lasted for a couple of pages

Till next time...  Cheesy

Re-read from here if you want me to restate what my arguments are and why you are wrong: https://bitcointalksearch.org/topic/m.8099922


Maybe understand them before you try and respond again.
legendary
Activity: 2156
Merit: 1131
 
When I was young I was always shocked by inequity and unfairness.
I was violently reacting to it until the day I understood that I won't fix everything by myself and that "fairness" is an idea, an utopia, not a possible reality.

The worst is that the more you try to fix inequities, the more you take the freedom from people.
Everything has a cost. You cannot have a fair nation without control and oppression.

My view is that inequity and unfairness is indeed bad but it is the cost to pay to have property rights and a bit of freedom.
"Freedom" also is an utopia but more concrete and possible than "fairness".
I think that crying about the distribution of wealth on forums is a lost cause and a waste of time.
legendary
Activity: 1092
Merit: 1010
Either I am on your ignore list, or you just refuse to answer my question: Do you, or do you not have facts to back up your assumptions about distribution.

Until the basis of your argument is solid, any further conclusions drawn from it are moot.

It's a basic methodology that cannot be ignored if you want to have a discussion that leads to valid conclusions.

I already answered that. My conclusions come from James word and I am pretty sure he knows all larger holders so his word is good enough for me.

Your methodology is false one, I my self own 4 nextcoin wallets and dont even have nextcoin. So how many wallets do those that have it have? You know yourself that very well

So it's an appeal to authority. Glad to have cleared that up.
That means there is no way to dispute your claims, as they are based on your choice to trust this authority, not on original research.
James himself admits in the article you so gladly selectively quote that his conclusions are based on a "guesstimate".
We're at least clear now on how solid the basis for your conclusions is.

Your second argument is just logically unsound.

Your syllogism goes thus:

Minor premise: I own 4 nextcoin wallets
Major premise: All of my wallets are empty
Conclusion: All large nextcoin holders hold multiple wallets
Addendum: you know I am right.

Um...?
full member
Activity: 168
Merit: 100
sr. member
Activity: 434
Merit: 250
Beware of the Nxt shills. They need YOU to make them rich. They will say ANYTHING to get you onboard. The facts are in the OP. OVER 3/4 of the Nxt supply is held by a small group.

He's right. There is actually a huge community of shills - about 1000 of us. We hang out here -->  www.nxtforum.org

Here you will find out everything you might want to know about the release of our Digital Goods Store, Multigateway Decentralized Trading Exchange and Decentralized Asset Exchange.

You sound brainwashed. Look at the bigger picture. You will never get rich on Nxt if that is your intention.



Actually, you sound a little brainwashed.  Grin

Nxt will most likely have a larger market cap than Litecoin in 6-12 months. Potentially sooner. Nxt has a world wide media campaign going into effect soon. It will be 2nd in market cap only to Bitcoin. Its just a natural law based on the momentum that is occuring in its eco-system.

There are many things that can't even be discussed publicaly in detail at this point - like brick and mortar banks that have approached the Nxt eco-system regarding real world global business transactions.

So, I don't know if it will get someone "rich" - but seeing an investment grow 10-20x in 6-12 months. I think a lot of people would be happy with that.

dude.. right back at ya

this is scary if you cannot see it by yourself..
hero member
Activity: 574
Merit: 500
Ok,

The assertions you have made with no or counterproductive evidence and I have asnwered fully and with links where appropriate and requested, are:

i) MGW was run like an exchange and couldn't be run by none exchange owners
ii) That 3-4 people control 75% of Nxt (you still provide no links to blockchain data)
iii) Attacking Nxt on the grounds of distribution and to be avoided but thinking Ripple is fine to use
iv) Secret pump and dump of jl777holdl on polo when everything was transparent and public
v) That Ripple is decentralised in the definitions only Ripple users identify with, and the impact this has on your arguments assertions.
vi) refusing to see the difference between an idea implemented and an idea implemented successfully, and the innovation required to overcome the barriers between the two concepts.
vii) When failing in all these attempts to spread FUD, attack me personally.

Anyone can check this summary against the last couple of pages for accuracy.


Finally, I have posted that picture as I found it confusing. It went against all the accepted definitions of Decentralised / Distributed / Centralised I had come across. Come-from-Beyond replied to me and I forget the wording but basically said 'it's a Ripple thing, they use different definitions'. I think it was in the Price Speculation thread if you want to browse it while doing your research  Cheesy

Till next time...  Cheesy
full member
Activity: 168
Merit: 100
Either I am on your ignore list, or you just refuse to answer my question: Do you, or do you not have facts to back up your assumptions about distribution.

Until the basis of your argument is solid, any further conclusions drawn from it are moot.

It's a basic methodology that cannot be ignored if you want to have a discussion that leads to valid conclusions.

I already answered that. My conclusions come from James word and I am pretty sure he knows all larger holders so his word is good enough for me.

Your methodology is false one, I my self own 4 nextcoin wallets and dont even have nextcoin. So how many wallets do those that have it have? You know yourself that very well
legendary
Activity: 1092
Merit: 1010
Either I am on your ignore list, or you just refuse to answer my question: Do you, or do you not have facts to back up your assumptions about distribution?

Until the basis of your argument is solid, any further conclusions drawn from it are moot.

It's a basic methodology that cannot be ignored if you want to have a discussion that leads to valid conclusions.
legendary
Activity: 2156
Merit: 1131
Why isn't this guy banned yet ?
Why would I get banned?
Why you arent banned yet?
I was not talking about you but if you feel guilty you are suspicious indeed.
Calling a crypto a scam is never harmless.
Not only cryptonaut is calling Nxt a scam without proof but he also insult people that disagree with his fantasy.
You could say he's just delusional but I think he has an agenda.
I thought it was about me because I was among latests posters.

You can criticize a crypto, we can discuss, that's the point of the forum but people calling for scam and spreading FUD with sockpuppet account like cryptonaut is doing is not acceptable.
full member
Activity: 168
Merit: 100
Why isn't this guy banned yet ?
Why would I get banned?
Why you arent banned yet?

I was not talking about you but if you feel guilty you are suspicious indeed.

Calling a crypto a scam is never harmless.
Not only cryptonaut is calling Nxt a scam without proof but he also insult people that disagree with his fantasy.
You could say he's just delusional but I think he has an agenda.


I thought it was about me because I was among latests posters.
full member
Activity: 168
Merit: 100
Distributed is a half way house between centralised and decentralised. Explain what your definitions are or else I'll be force to descend to name calling and trying to undermine your character  Cheesy Cheesy Cheesy

Sure, do the name calling...that will be funny

There was already a picture on one of those nxt threads that showed you what is difference between centralized, decentralized and distributed. It went exactly that way and showed you which is better. Feel free to go through all those posts because I am not going through them.

Yeah, I got the feeling you were unwilling to do any research yourself  Cheesy Cheesy Cheesy That picture was from a Ripple source (I posted it !!!  Cheesy Cheesy ) and switches the definitions of Decentralised and Distributed that is generally accepted across the crypto community.


Unless you have any real argument, with some decent evidence, I am going to take a break. This thread speaks for itself, anyone with any genuine interst has the basic info available to find out more about the scope and potential impact of Nxt.

I'll leave you with you closing arguments  *hopes for good arguement and links but waits for populist grandstanding with unfounded assertion* Cheesy

That picture was not posted from you for sure as I remember answering to that topic and then answering again saying to the person that just now I see that it was him that posted it. So you know succumb to lies?

Which links are you waiting for? To show how other coins had asset exchange before? LOL, that is common knowledge
full member
Activity: 168
Merit: 100
How irrelevant is NXT? Dogecoin, a dying coin that was made as a joke, with a picture of doge meme as it's logo has over double the trade volume of NXT.

And LTC, a coin that is supposedly dying, is doing 17x more trade volume than NXT.

NXT is irrelevant.

Its irrelevant to me, I rode a way from 20mil to 80mil and maybe I will ride it again.

I just like to confront them since they tend to spam every damn thread on this forum with how innovative they are while in reality its all taken from other coins.

It's like a cult and trying to wake them up from it actually has the opposite effect of only reaffirming their delusions. But if your posts help stop a few noobs from drinking the kool-aid, cheers to you.

You are probably right.
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