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Author Topic: Price speculation  (Read 3797905 times)

abuelau

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Re: Price speculation
« Reply #13700 on: November 03, 2014, 02:34:23 pm »

Have you seen the number of new NXT account created in the last few days? Any ideas why?

http://www.mynxt.info/charts/number_of_accounts.php

Tosch110

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Re: Price speculation
« Reply #13701 on: November 03, 2014, 02:36:18 pm »

Have you seen the number of new NXT account created in the last few days? Any ideas why?

http://www.mynxt.info/charts/number_of_accounts.php

nxtty creates a new account for each user.

abuelau

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Re: Price speculation
« Reply #13702 on: November 03, 2014, 03:09:34 pm »

Have you seen the number of new NXT account created in the last few days? Any ideas why?

http://www.mynxt.info/charts/number_of_accounts.php

nxtty creates a new account for each user.

Aha, that explains it then :-)

Jean-Luc

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Re: Price speculation
« Reply #13703 on: November 03, 2014, 03:36:58 pm »

https://bitbucket.org/JeanLucPicard/nxt/issue/134/finish-asset-exchange-dividends-feature
We have a developer working on that and a dividends payment transaction should be ready for 1.4.
JL, does this mean NXT txns will start having multiple outputs??
No. In fact the dividend payment transaction does not have a recipient at all, this is why shareholders will not see the payment in their transaction list, need to wait for the account ledger feature to be able to show it there.
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Jean-Luc

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Re: Price speculation
« Reply #13704 on: November 03, 2014, 03:38:30 pm »

nxtty creates a new account for each user.
I hope it is still one new account per user, not per transaction or message sent which would be a total waste.
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Jean-Luc

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Re: Price speculation
« Reply #13705 on: November 03, 2014, 04:20:34 pm »

Guys, I need some help. Which features will be included in NRS 1.4?

Monetary System and Voting for sure as far as I know.

What about Smart Contracts and Phasing?
Monetary System definitely yes.
Smart Contracts definitely no.
Voting, and Phasing, not yet sure.

Smaller features that will be included: asset dividends payment transaction, alias deletion transaction.
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martismartis

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Re: Price speculation
« Reply #13706 on: November 03, 2014, 04:21:05 pm »

https://bitbucket.org/JeanLucPicard/nxt/issue/134/finish-asset-exchange-dividends-feature
We have a developer working on that and a dividends payment transaction should be ready for 1.4.
JL, does this mean NXT txns will start having multiple outputs??
No. In fact the dividend payment transaction does not have a recipient at all, this is why shareholders will not see the payment in their transaction list, need to wait for the account ledger feature to be able to show it there.

If I understand good, in this case there will be no transaction for paid dividends, only total amount in account will change? Hmmm, so how to do accounting with assets which pays dividends? How to follow them?
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bitcoinpaul

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Re: Price speculation
« Reply #13707 on: November 03, 2014, 04:22:11 pm »

nxtty creates a new account for each user.
I hope it is still one new account per user, not per transaction or message sent which would be a total waste.

Landomata?
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msin

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Re: Price speculation
« Reply #13708 on: November 03, 2014, 04:31:47 pm »

Guys, I need some help. Which features will be included in NRS 1.4?

Monetary System and Voting for sure as far as I know.

What about Smart Contracts and Phasing?
Monetary System definitely yes.
Smart Contracts definitely no.
Voting, and Phasing, not yet sure.

Smaller features that will be included: asset dividends payment transaction, alias deletion transaction.

Why not Smart Contracts?  I was under the impression it was ready.  Is it dependent on another feature release?
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Jean-Luc

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Re: Price speculation
« Reply #13709 on: November 03, 2014, 04:33:58 pm »

If I understand good, in this case there will be no transaction for paid dividends, only total amount in account will change? Hmmm, so how to do accounting with assets which pays dividends? How to follow them?
The transaction will appear in the transaction list of the asset issuer (the account which does the payment) only. There is no easy workaround to make it show in the transactions of the dividend recipients. Wait for the account ledger feature for that, but this is not even designed yet, will not be in 1.4 for sure.
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martismartis

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Re: Price speculation
« Reply #13710 on: November 03, 2014, 04:41:23 pm »

If I understand good, in this case there will be no transaction for paid dividends, only total amount in account will change? Hmmm, so how to do accounting with assets which pays dividends? How to follow them?
The transaction will appear in the transaction list of the asset issuer (the account which does the payment) only. There is no easy workaround to make it show in the transactions of the dividend recipients. Wait for the account ledger feature for that, but this is not even designed yet, will not be in 1.4 for sure.

Hmm, it is not good. So, how asset holders will know by whom (asset issuer) and how much dividend was sent? How to control, that asset issuer delivers its promises regarding dividends? If think we must postpone this dividend core feature till account ledger will be available. But that is only my opinion.
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Jean-Luc

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Re: Price speculation
« Reply #13711 on: November 03, 2014, 04:47:00 pm »

Why not Smart Contracts?  I was under the impression it was ready.  Is it dependent on another feature release?
It is not ready. We have the code that CfB wrote, it needs to be reviewed and tested, and UI added. I can start looking at it only after I finish going through the voting and phasing. This is 1.5 or later.

And I forgot to mention Coin Shuffling which was initially part of the Monetary System, it will not be in 1.4 either, but Lior is already working on it so very likely 1.5.
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youyou

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Re: Price speculation
« Reply #13712 on: November 03, 2014, 05:00:14 pm »

<deleted retarded comment>
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ChuckOne

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Re: Price speculation
« Reply #13713 on: November 03, 2014, 05:09:33 pm »

Thanks, apenzi, for your article on hyperboria and nxt! I'm glad you're on top of this important development. Have you made contact with anybody from hyperboria yet? I'm trying to make contact on the reddit forum, but no replies yet. I'll get through somehow, however.

Let us know if you hear something from them. This could be interesting.
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2Kool4Skewl

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Re: Price speculation
« Reply #13714 on: November 03, 2014, 05:14:43 pm »

No, it's still useful to compare relative value [for example "the USD in 2000" vs "the USD in 1950"].
Here is a chart, with clearly defined Y axis and the source of the data. It lost 95% of value since the federal reserve, and still looses it. Unless something changes in the minds of politicians and they'll turn into Austrians, I don't think it'll break the downtrend.


It looks like the graph of BitsharesX  :P

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We are the descendants of Bitcoin.  We are the continuation of the cause it started, but that perished with its centralization.
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ChuckOne

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Re: Price speculation
« Reply #13715 on: November 03, 2014, 05:14:56 pm »

Guys, I need some help. Which features will be included in NRS 1.4?

Monetary System and Voting for sure as far as I know.

What about Smart Contracts and Phasing?
Monetary System definitely yes.
Smart Contracts definitely no.
Voting, and Phasing, not yet sure.

Smaller features that will be included: asset dividends payment transaction, alias deletion transaction.

To make clear, why:

We want a release and a hard fork for EACH major feature. That simplifies error finding and improves reliability.
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ChuckOne

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Re: Price speculation
« Reply #13716 on: November 03, 2014, 05:16:38 pm »

ETA for 1.4.0e (i.e. for testnet) is mid November.
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Klokan

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Re: Price speculation
« Reply #13717 on: November 03, 2014, 05:17:30 pm »

Why not Smart Contracts?  I was under the impression it was ready.  Is it dependent on another feature release?
It is not ready. We have the code that CfB wrote, it needs to be reviewed and tested, and UI added. I can start looking at it only after I finish going through the voting and phasing. This is 1.5 or later.

And I forgot to mention Coin Shuffling which was initially part of the Monetary System, it will not be in 1.4 either, but Lior is already working on it so very likely 1.5.

Is there some roughly estimate of version 1.4 to be on testnet / to be finished ? Is considered some "context", in the link between NRS 1.4 and NXT anniversary (November 24th) ? Thanks.
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ChuckOne

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Re: Price speculation
« Reply #13718 on: November 03, 2014, 05:17:41 pm »

Please read and tell if you would be happy with such an approach: https://nxtforum.org/general-discussion/new-community-funding-committee-proposal/
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Klokan

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Re: Price speculation
« Reply #13719 on: November 03, 2014, 05:18:33 pm »

ETA for 1.4.0e (i.e. for testnet) is mid November.

Thanks Chuck, your answer was a little bit faster than my question :-)
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