Why NXT is such at low price if it's that amazing ? :((((((((

HalFinneysBrain

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NXT is amazing, but it is undervalued because every good cryptocurrency is currently undervalued. We are currently in a brutal bear market that is testing every coin and every community with fire. Only the strong will survive. Only the full feature, true 2.0 coins will emerge at the other end. By the time this is all over, the value will have shifted from 1.0 altcoins that are nothing but glorified Bitcoin clones, like Litecoin and the hundreds of other copy alts, into the few true 2.0 coins which have their own codebases, which have assets and voting and scripting and other features.

First everything is going down, and then only the cream will rise back up.

Quote from: ?? on ??

So to sum up class, NXT and BTS are basically a decentralized Ripple with different advantages, NXT is more decentralized and is focused on beating out XCP, Open Bazzar, eBay, and Craigs list.
You can’t sell your bike on BitShares, but because BitShares has Ripple fast trading transactions, you can trade commodities like gold, silver, bitcoin, USD, Yuan, etc.

Excellent summary, and this shows why it is important to own some of both.

Bralex

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Activity: 308

Merit: 250

Nxt is not at such a low price it is at the price the market gives it which is normally a fair price, i take it you hold quite abit of the coin and expected it to moon?

1Billion coins is alot of sell pressure and i don't see this ever going above 10k satoshi which is a shame because it is a good coin but the market has spoken for now.

Stay tuned Shocked

WealthyBastard

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I just farted Shocked

DecentralizeEconomics

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White Male Libertarian Bro

Price does not equal value.

Come-from-Beyond

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Newbie

Quote from: TaunSew on February 04, 2015, 08:40:59 PM

Problem with Ripple is this: one raid on the Ripple campus in California by the FBI and it's all over due to centralization. Don't say it can't happen, eGold itself was raided based on circumstantial allegations of what people overseas were doing.

People will simply switch to other validators.

achimsmile

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@sidhujag

I'm under the impression since 2013 that Bitshares has an Impossible trinity

It offers a market peg (bitUSD, bitBTC, etc), 5% interest on those assets (monetary policy), and free market trading at the same time.

How will it not collapse at some point?

sidhujag

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Quote from: jones_ on February 05, 2015, 02:16:38 AM

Quote from: sidhujag on February 05, 2015, 01:27:04 AM

Quote from: LiQio on February 05, 2015, 12:46:59 AM

^
The major difference between Nxt and Bitshares is, that Bitshares is about making money (nothing else) whereas Nxt is about improving the original idea of Bitcoin.
Bitshares is a company, Nxt is a philosophy.

I made my decision (and goddam I can sleep like a baby Wink

)

Both of them have the same intentions but bitshares has a concept which nxt cant emulate which is being able to earn via a consensus protocol via voting. Thus innovation will be alot faster going fwd with bitshares because of incentives to do work and do good. Technically they are equal right now and price showsthat however its all about potential and non priced in development which bitshares will win IMO easily.. this year will be interesting.

Did someone say voting... www.youtube.com/watch?v=dhJgz6hpHXg
Nxt has a voting system on the way.

I really don't quite get the bitshares mentality, so I say that I'm going to do something, then people vote for me and I get free money from the system.
At nxt you would just create something and then people will send you donations if they think its worth developing further, or the person can start an asset and sell it to make any money that they would need.

Yup u could also create and sell the asset in bitshares but the delegate consensus is a more formalized process that is easy for anyone to understand.. Also you dont create and get paid you get paid over time thus if you stop developmenta or updates you get fired.. The way the world works.

For example i created over 10 shopping cart payment gateways for bitshares source here: http://github.com/sidhujag
I gave updates and got paid along the way.. No need to create an asset for some random job thats just stupid and illogical.. No need to work for months without pay hoping for donations again that doesnt work....

Did you see anywhere in there of me getting free money? No i worked and earned it.

lemfuture

hero member

Activity: 686

Merit: 500

amazingly cheap atm

jones_

member

Activity: 63

Merit: 10

Quote from: sidhujag on February 05, 2015, 01:27:04 AM

Quote from: LiQio on February 05, 2015, 12:46:59 AM

^
The major difference between Nxt and Bitshares is, that Bitshares is about making money (nothing else) whereas Nxt is about improving the original idea of Bitcoin.
Bitshares is a company, Nxt is a philosophy.

I made my decision (and goddam I can sleep like a baby Wink

)

Both of them have the same intentions but bitshares has a concept which nxt cant emulate which is being able to earn via a consensus protocol via voting. Thus innovation will be alot faster going fwd with bitshares because of incentives to do work and do good. Technically they are equal right now and price showsthat however its all about potential and non priced in development which bitshares will win IMO easily.. this year will be interesting.

Did someone say voting... www.youtube.com/watch?v=dhJgz6hpHXg
Nxt has a voting system on the way.

I really don't quite get the bitshares mentality, so I say that I'm going to do something, then people vote for me and I get free money from the system.
At nxt you would just create something and then people will send you donations if they think its worth developing further, or the person can start an asset and sell it to make any money that they would need.

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: LiQio on February 05, 2015, 01:29:39 AM

Quote from: sidhujag on February 05, 2015, 01:27:04 AM

Both of them have the same intentions [...]

You are mistaken.

I rarely am about these things but sure you will see

EtherCoin

sr. member

Activity: 338

Merit: 255

Quote from: LiQio on February 05, 2015, 12:46:59 AM

^
The major difference between Nxt and Bitshares is, that Bitshares is about making money (nothing else) whereas Nxt is about improving the original idea of Bitcoin.
Bitshares is a company, Nxt is a philosophy.

I made my decision (and goddam I can sleep like a baby Wink

)

I also made mine. To be honest never looked into NXT deep enough due to lack of interest. This being caused by a lack of information to be fair.

Since I have joined superNET I have started looking deeper into NXT and got to say that I am very impressed. I think feature-wise is the most advanced crypto project out there. By far.

BTS?, owned some, sold for profit, thanks, butdidn't have a quarter of the feats NXT has.

Now with superNET support (RAMchains, MGW, instantDEX from BTCD, cloud storage from VRC (on the makin'), VPN feats from VPNcoin, and so on...) and the new DeBuNe launch, that advantage has multiplied.

Once all its running (superNET already launched the beta client which is under heavy test) NXT will be a serious contender for the forerunner on blockchain technology based ecosystems.

Every of us should do their own research and act accordingly, tho.

Eth.

LiQio

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Quote from: sidhujag on February 05, 2015, 01:27:04 AM

Both of them have the same intentions [...]

You are mistaken.

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: LiQio on February 05, 2015, 12:46:59 AM

^
The major difference between Nxt and Bitshares is, that Bitshares is about making money (nothing else) whereas Nxt is about improving the original idea of Bitcoin.
Bitshares is a company, Nxt is a philosophy.

I made my decision (and goddam I can sleep like a baby Wink

)

Both of them have the same intentions but bitshares has a concept which nxt cant emulate which is being able to earn via a consensus protocol via voting. Thus innovation will be alot faster going fwd with bitshares because of incentives to do work and do good. Technically they are equal right now and price showsthat however its all about potential and non priced in development which bitshares will win IMO easily.. this year will be interesting.

LiQio

legendary

Activity: 1181

Merit: 1002

^
The major difference between Nxt and Bitshares is, that Bitshares is about making money (nothing else) whereas Nxt is about improving the original idea of Bitcoin.
Bitshares is a company, Nxt is a philosophy.

I made my decision (and goddam I can sleep like a baby Wink

)

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: Zer0Sum on February 04, 2015, 08:56:45 PM

Quote from: TaunSew on February 04, 2015, 08:40:59 PM

Problem with Ripple is this: one raid on the Ripple campus in California by the FBI and it's all over due to centralization. Don't say it can't happen, eGold itself was raided based on circumstantial allegations of what people overseas were doing.

Nxt is the only decentralized Gen 2.0 platform. You'd have to shut down 1,000 global nodes.

The rest of them will get taken down by US authorities...
They are being observed closely, but it takes 2-3 years to build files... and charge the right people.

Frankly, Bitshares is an Asset Bubble based fraud run out of China...
And Nubits is a highly manipulated virtual Central Bank.

Also, the dude who compared Ripple to Wall Street is on drugs...
He also manages to conflate degenerate gambling with professional trading.

Bitshares has got the decentralized market thing down way better than nxt (asset bubble?) lol it has kyc regulation protection built in so that governments can find ways to let it be used when it reaches network effect while nxt will wither off because it couldnt see these things in advance.

Nxt keeps playing from behind

sidhujag

legendary

Activity: 2044

Merit: 1005

Bts and nxt are correlated as bitcoin 2.0 hopefuls.. they both drag each other down until one gets things right

Leaning towards bitshares right now

btcjoin14

hero member

Activity: 891

Merit: 500

Seems to be a lot of dislike of Nxt on this forum, but I don't understand why. They are trying to create a new gen of platforms and they are still pretty new. Plus the price for NXT is nice and low right now

Nxtblg

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Activity: 924

Merit: 1000

Quote from: marechoux on February 04, 2015, 02:49:12 PM

About the "unfair distribution" I was thinking about it and finally came to the conclusion that it was not such a bad way actually.

1/ IPO last 2 months so it's complicated to complain about it.

2/Creator asked for 21 btc, would it be better if he asked for 1000 btc? I don't think so....that just prove he was not looking for a quick profit.

3/Because of this IPO most of the big stakeholder are active in the community and it mostly people who understood the coin before it was released.

4/These stakeholders got a huge ROI, some had more than 10 million coin and still have it whereas they could sold it for almost 1 million $ at the higher price, so I guess they truly believe in the technology for just hodl.

Now we can just all regret to not have been in this IPO, but if you tried the wallet you just cannot say it's a scam or anything else like this.

About the community in NXT, it is much more mature than other altcoin , they're not just waiting for some pumps and saying all the time "to da moon".

You're a lot like people who got over their anger over the botched Facebook IPO. Believe it or not, FB sunk to $20-$25 shortly afterwards and the way the IPO was handled was one of the reasons. [It opened at ~$41.]

Now? The only ones who remember are ax grinders and trivia hounds like me.

Certainly, the people buying FB at $20-$25 have very little reason to complain...

Zer0Sum

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Activity: 1588

Merit: 1000

Quote from: TaunSew on February 04, 2015, 08:40:59 PM

Problem with Ripple is this: one raid on the Ripple campus in California by the FBI and it's all over due to centralization. Don't say it can't happen, eGold itself was raided based on circumstantial allegations of what people overseas were doing.

Nxt is the only decentralized Gen 2.0 platform. You'd have to shut down 1,000 global nodes.

The rest of them will get taken down by US authorities...
They are being observed closely, but it takes 2-3 years to build files... and charge the right people.

Frankly, Bitshares is an Asset Bubble based fraud run out of China...
And Nubits is a highly manipulated virtual Central Bank.

Also, the dude who compared Ripple to Wall Street is on drugs...
He also manages to conflate degenerate gambling with professional trading.

TaunSew

hero member

Activity: 756

Merit: 506

Problem with Ripple is this: one raid on the Ripple campus in California by the FBI and it's all over due to centralization. Don't say it can't happen, eGold itself was raided based on circumstantial allegations of what people overseas were doing.

Topic: Why NXT is such at low price if it's that amazing ? :(((((((( (Read 3552 times)