Why is NXT not the number 2 coin? - page 4.

RaginglikeaBoss

sr. member

Activity: 302

Merit: 250

Never before 11 P.M.

Quote from: Daedelus on April 23, 2015, 07:08:19 AM

Quote from: Zer0Sum on April 22, 2015, 08:53:29 PM

So you are down to crowdfunding... or platforms like NXT.

Did you know you can do trustless crowd funding in Nxt's Monetary System?

i.e. Say you want to raise 200k NXT with a deadline in 30 days time. People put up the money bit by bit and it is all held by the protocol (a trustless escrow). The dev can't run away with it part way through the process.

When the deadline comes, the protocol checks if the amount raised is 200k or more. If it is, the 200k NXT is released to you for your successfully funded project and tokens representing a stake in your project are sent to the funders (optional, I believe). If less than 200k, then all NXT are returned to those who sent them. All trustlessly and all for a cost of 40 NXT Grin

But no one does, not counting the 1000s of scams currently listed on the hardly ever used asset exchange.

I mean the NXT technology is simply fantastic, but it needs PROPER Advertising. A new website isn't going to do shit to help promote a niche cryptocurrency in this microcosm of a niche we already exist in.

barabbas

legendary

Activity: 1162

Merit: 1000

Quote from: kennyP on January 08, 2016, 05:04:32 PM

Quote from: ShroomsKit_Disgrace on January 08, 2016, 04:30:09 AM

I question myself this very thing everyday

NXT is a platform, not a a coin.

NXT is fully decentralised & open like no other crypto project, so it's just a matter of time IMO, but i still don't think the value of Nxt token will ever moon like some hope/expect, but it will increase a lot from here.

NXT is like tcp/ip, and we haven't seen the 'http' equivalent fully develop yet, so no google, youtube or facebook etc so far, but they're coming

Well no. NXT is indeed a "coin". Or, as you choose to call it, a "token". NEXT, on the other hand, IS a platform. And yes, they are two different things and tangentially related. The "token" is practically worthless for the simple reason those holding the millions of it are getting rid of them as methodically and efficiently as they can and have been doing it since inception, therefore the "market" (an euphemism at this point) is saturated for there's practically no demand and whatever demand there is of could EVER be, is/will be avalanched by the selling.

Now, the platform is something else... it is something that has to commercial value whatsoever since, no matter who or for what has decided to use it, has failed miserably and has produced no income of any kind, no business of any kind whatsoever so yes, it is THERE for you to use free of charge, but to no avail for there are no customers, not even "coinaddicts" on the other side of the platform. And never will be.

As a consequence, neither NXT, the token, nor NEXT, the platform, have or will ever have any value whatsoever.

And that's the predicament.

stoat

sr. member

Activity: 686

Merit: 270

FREEDOM RESERVE

Quote from: habraken on January 09, 2016, 02:48:41 PM

Quote from: tokeweed on January 09, 2016, 09:06:32 AM

I'm sorry to say that from a spectator's POV, I think NXT is losing the battle now that there's wider and bigger potential and possibilites on other platforms like Ethereum.

I hear a lot about Ethereum. What does it actually do... now?

Loads of stuff. Check out mist browser

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

Quote from: habraken on January 09, 2016, 02:48:41 PM

Quote from: tokeweed on January 09, 2016, 09:06:32 AM

I'm sorry to say that from a spectator's POV, I think NXT is losing the battle now that there's wider and bigger potential and possibilites on other platforms like Ethereum.

I hear a lot about Ethereum. What does it actually do... now?

Two of the projects I'm interested that are being built on Ethereum are slock.it and Augur. There are a few more. Check them out.

kennyP

hero member

Activity: 544

Merit: 500

Quote from: tokeweed on January 09, 2016, 09:06:32 AM

I'm sorry to say that from a spectator's POV, I think NXT is losing the battle now that there's wider and bigger potential and possibilites on other platforms like Ethereum.

I could be wrong though. We'll see.

Ethereum is a good platform for sure, but I don't believe the 'Highlander' is at play here (there can be only one!), so both can co-exist happily.

Ethereum appeals to those who like things like known devs with big budgets, and NXT appeals to those after true decentralisation and anonymity

I like Ethereum, but I prefer NXT, and I like that Jean-Luc and the NXT devs are anon, and new people can come and go, and nobody needs to ask for permission. Ethereum appeals to Microsoft etc for the exact opposite reason I suspect, they love having Vitalek and co. as known entities operating in a more 'conventional' style.

Horses for courses!

habraken

sr. member

Activity: 251

Merit: 250

Quote from: tokeweed on January 09, 2016, 09:06:32 AM

I'm sorry to say that from a spectator's POV, I think NXT is losing the battle now that there's wider and bigger potential and possibilites on other platforms like Ethereum.

I hear a lot about Ethereum. What does it actually do... now?

tokeweed

legendary

Activity: 3976

Merit: 1421

Life, Love and Laughter...

I'm sorry to say that from a spectator's POV, I think NXT is losing the battle now that there's wider and bigger potential and possibilites on other platforms like Ethereum.

I could be wrong though. We'll see.

kennyP

hero member

Activity: 544

Merit: 500

Quote from: ShroomsKit_Disgrace on January 08, 2016, 04:30:09 AM

I question myself this very thing everyday

NXT is a platform, not a a coin.

NXT is fully decentralised & open like no other crypto project, so it's just a matter of time IMO, but i still don't think the value of Nxt token will ever moon like some hope/expect, but it will increase a lot from here.

NXT is like tcp/ip, and we haven't seen the 'http' equivalent fully develop yet, so no google, youtube or facebook etc so far, but they're coming

Nxtblg

legendary

Activity: 924

Merit: 1000

Quote from: ShroomsKit_Disgrace on January 08, 2016, 04:30:09 AM

I question myself this very thing everyday

Someday...

(I actually had hopes that Nxt would grow into becoming the reserve currency of Gen-2 cryptos, a world where you could recognize a gen-2 by seeing its price quoted in Nxtoshis.)

ShroomsKit_Disgrace

legendary

Activity: 952

Merit: 1000

Yeah! I hate ShroomsKit!

I question myself this very thing everyday

box0214

sr. member

Activity: 350

Merit: 252

Quote from: sofu on July 29, 2015, 03:34:43 PM

NXT whale is still dumping on polo.

http://www.mynxt.info/account/2159498187382012684

https://poloniex.com/exchange#btc_nxt

I recommend to place buyorders and profit on NXT distribution

tats some cheap nxt.... i think whale holder will just dump having to realize that they can just keep holding and not give away the distribution to make it increase in value.

sofu

legendary

Activity: 1890

Merit: 1085

Degenerate Crypto Gambler

NXT whale is still dumping on polo.

http://www.mynxt.info/account/2159498187382012684

https://poloniex.com/exchange#btc_nxt

I recommend to place buyorders and profit on NXT distribution

habraken

sr. member

Activity: 251

Merit: 250

Quote from: o0‡0o on July 28, 2015, 10:40:02 AM

Quote from: g3rszpi on July 28, 2015, 09:41:53 AM

NXT was nr.4 for a long time

Ah the good old days where some considered it worthy a top 10 spot. It has one last chance to stand up and do something.
If the premined unspectacular Bytecoin passes it too then its really curtains down.

And marketcap according to CMC website is all-important for the future of a crypto-platform because.. Cheesy

o0‡0o

full member

Activity: 227

Merit: 103

Have faith.

Quote from: g3rszpi on July 28, 2015, 09:41:53 AM

NXT was nr.4 for a long time

Ah the good old days where some considered it worthy a top 10 spot. It has one last chance to stand up and do something.
If the premined unspectacular Bytecoin passes it too then its really curtains down.

g3rszpi

hero member

Activity: 728

Merit: 500

NXT was nr.4 for a long time

HeroCat

hero member

Activity: 658

Merit: 500

More popular is Doge, this is free crypto market Wink

Second most popular crypto is Doge, I think Grin

tyz

legendary

Activity: 3360

Merit: 1533

Totally agree! NXT is probably the most underestimated coin in the crypocoin world. Let one of the tech investors let recognize that and we will see huge impact on NXT price Wink

It is superior to Bitcoin.

Quote from: P-Funk on July 24, 2015, 04:07:45 PM

I dismissed NXT a while ago as just another coin but I finally had reason to install it and I've been very impressed. Kinda like looking through a time machine into the future compared to Bitcoin. Of course Bitcoin has the name recognition and brand, and it's been an immensely successful proof of concept. But there's definitely room for innovation in the market when Bitcoin is pretty set in stone these days.

box0214

sr. member

Activity: 350

Merit: 252

Quote from: d5000 on July 26, 2015, 03:50:08 PM

Quote from: DecentralizeEconomics link=topic=1035337.msg11964393#msg11964393

Soon, NXT is going to have stable assets implemented via a superior methodology than Bitshares.

I would like more information about this (I am a NXt'er, but haven't see this feature in the forum). Do you have a link to the corresponding discussion? As far as I know, the Smart Contract feature hasn't any ETA yet. And "CoinoUSD" and other similar systems are simply IOU's.

i think nxt is playing their card right as they are waiting if you haven't noticed on the side lines to see how smart contracts would work and same goes for the anonymous feature stuff... let the first wave of people come test it out first and learn from it then adopt the most feasible technology.

DecentralizeEconomics

legendary

Activity: 1162

Merit: 1042

White Male Libertarian Bro

Quote from: d5000 on July 26, 2015, 03:50:08 PM

Quote from: DecentralizeEconomics link=topic=1035337.msg11964393#msg11964393

Soon, NXT is going to have stable assets implemented via a superior methodology than Bitshares.

I would like more information about this (I am a NXt'er, but haven't see this feature in the forum). Do you have a link to the corresponding discussion? As far as I know, the Smart Contract feature hasn't any ETA yet. And "CoinoUSD" and other similar systems are simply IOU's.

https://nxtforum.org/general-discussion/price-speculation/msg188482/#msg188482

d5000

legendary

Activity: 3906

Merit: 6249

Decentralization Maximalist

Quote from: DecentralizeEconomics link=topic=1035337.msg11964393#msg11964393

Soon, NXT is going to have stable assets implemented via a superior methodology than Bitshares.

I would like more information about this (I am a NXt'er, but haven't see this feature in the forum). Do you have a link to the corresponding discussion? As far as I know, the Smart Contract feature hasn't any ETA yet. And "CoinoUSD" and other similar systems are simply IOU's.

Topic: Why is NXT not the number 2 coin? - page 4. (Read 16958 times)