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jabo38

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Re: Price speculation
« Reply #24860 on: October 02, 2015, 05:01:59 pm »

No, the genesis block stakeholders can no longer do anything to harm the network. The rolling 720 blocks checkpoints protect the nodes that are up to date from switching to such alternative fork, and the hardcoded checkpoints done at each code hardfork, the last one being at block 445000, protect the nodes that start downloading the blockchain from scratch.
Thank you for clearing that up once again over and over. hahaha

I've explained this repeatedly to people (mainly maximalists).  Anybody building a new chain from old keys at any point older than say a day will have their fork ignored by the up to date nodes. 

In an older style Peercoin type of PoS, yes a person could have maybe built a longer chain from scratch and then used that longer chain to switch the network over to the fork, but Peercoin quickly realized this and set up check points. 

The whole longest chain thing simply doesn't apply here.  In the paper that they quote Vitalik he goes on to basically exclude any long range attacks from the realm of possibility, which then only left short range attacks, but to do so a person would have had to exhaust considerable resources to pull it off.  In fact as Kushti said in an interview a long time ago, it would probably be more expensive to attack a PoS coin than a PoW coin. 

Although the possibility does still exist in theory for both to be attacked.  Yet I'll point out that while many PoW chains have been pwnd, it is very rare that a PoS chain has been successfully attacked in the manner they are referring. 

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jabo38

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Re: Price speculation
« Reply #24861 on: October 02, 2015, 05:05:16 pm »

Anyone read this yet?

http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.

OK, moving on AWAY from the traditional knee jerk reaction of "they don't like PoS", can anyone shed any light on the things they actually sáy?

I think we are doing ourselves a disservice by just pushing things away that we don't like.  :)

Here's the thing, people will believe what they want.

I know from experience, with over 90% of Scientists show via studies and data that global warming is happening and it IS cause by mans actions. Yet, there are still is a large percentage of people (in the US at least) that still don't "believe" it. The listen to Poloticians, Talking Heads, etc... and point to that as proof that the science is wrong.

What makes this worse is that Cryto is MATH. And people don't like math, I mean "MATH IS HARD" as Barbie said. What's worse is that while Crypto is BASED on math it is very hard to prove attacks and such since you can never create a "test" network with the number of nodes the production network has on it.

The bottom line is, to attack the NXT (or pretty much any PoS coin) you need to OWN a large amount of that coin. In order to do that, (unless you can hack a lot of people that keep their passphrases in a text file), you have to buy it. When you start buying it the price will climb quickly. Could you buy and own more than 50% of NXT? Maybe. But, once you've spent that much money to do it your only hurting yourself. Is it worth spending $100million (just some fantasy amount) to kill NXT?

So yea, bottom line, people will believe what they want to believe no matter how many facts and mathematical and scientific studies by reputable people show otherwise.

hahaha, there are a lot of people on this forum that still believe that there is no global warming.  And btw, it isn't 90/10, it is like 99/01 and even that might be being generous to the deniers. 
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zuqka

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Re: Price speculation
« Reply #24862 on: October 02, 2015, 05:59:52 pm »

Bitfury study? I remember buying their horse ars expensive bitcoin hashing device with 1 slot in use out of 12 because they stop selling it and hashed themselves on their farms. Bitfury...pos unsafe...right!
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Damelon

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Re: Price speculation
« Reply #24863 on: October 02, 2015, 06:31:23 pm »

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capodieci

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Re: Price speculation
« Reply #24864 on: October 02, 2015, 07:27:19 pm »

if we budget some money for someone to write the book "the revolution on blockchain technology" and tell the story of Nxt with data from the forum and other sources (such as nxter), prominently picturing Nxt as the ignored great technology, while mentioning Ethereum, and others, coming to real word examples, how banks are using Nxt technology today, etc... I guarantee you with a title like that it will sell a lot, and we can send it to CTOs of large financial institutions and may well change the fate of Nxt future!

R

The idea was not to write a history of Nxt.

Correct. So, will someone (or everyone) support this initiative? It may really make a difference, and the moment is NOW!

R
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zuqka

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Re: Price speculation
« Reply #24865 on: October 02, 2015, 07:41:08 pm »

Great idea! We could even put some elements of drama: www.enterstageright.com/archive/articles/0814/cryptocurrpbterjob.htm
I belive the writer here is our user, Nxtblg. Try to contact him if he is up to it. I will support it!
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apenzl

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Re: Price speculation
« Reply #24866 on: October 03, 2015, 12:36:39 am »

Go!

viennavtc

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Re: Price speculation
« Reply #24867 on: October 03, 2015, 01:24:07 am »

Anyone read this yet?

http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.

OK, moving on AWAY from the traditional knee jerk reaction of "they don't like PoS", can anyone shed any light on the things they actually sáy?

I think we are doing ourselves a disservice by just pushing things away that we don't like.  :)

Here's the thing, people will believe what they want.

I know from experience, with over 90% of Scientists show via studies and data that global warming is happening and it IS cause by mans actions. Yet, there are still is a large percentage of people (in the US at least) that still don't "believe" it. The listen to Poloticians, Talking Heads, etc... and point to that as proof that the science is wrong.

What makes this worse is that Cryto is MATH. And people don't like math, I mean "MATH IS HARD" as Barbie said. What's worse is that while Crypto is BASED on math it is very hard to prove attacks and such since you can never create a "test" network with the number of nodes the production network has on it.

The bottom line is, to attack the NXT (or pretty much any PoS coin) you need to OWN a large amount of that coin. In order to do that, (unless you can hack a lot of people that keep their passphrases in a text file), you have to buy it. When you start buying it the price will climb quickly. Could you buy and own more than 50% of NXT? Maybe. But, once you've spent that much money to do it your only hurting yourself. Is it worth spending $100million (just some fantasy amount) to kill NXT?

So yea, bottom line, people will believe what they want to believe no matter how many facts and mathematical and scientific studies by reputable people show otherwise.

hahaha, there are a lot of people on this forum that still believe that there is no global warming.  And btw, it isn't 90/10, it is like 99/01 and even that might be being generous to the deniers.
count me as a denier I guess... so the last 150 or so of temps is some sort of trend dating back 4.5 billion years?!?  in the U.S., how did the Great Lakes form?  About 10,000 to 20,000 years ago "when the earth's climate warmed and the last glacial continental ice sheet retreated".... hmm, man made warming as well?
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nzminer

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Re: Price speculation
« Reply #24868 on: October 03, 2015, 01:58:27 am »

Anyone read this yet?

http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.

OK, moving on AWAY from the traditional knee jerk reaction of "they don't like PoS", can anyone shed any light on the things they actually sáy?

I think we are doing ourselves a disservice by just pushing things away that we don't like.  :)

Here's the thing, people will believe what they want.

I know from experience, with over 90% of Scientists show via studies and data that global warming is happening and it IS cause by mans actions. Yet, there are still is a large percentage of people (in the US at least) that still don't "believe" it. The listen to Poloticians, Talking Heads, etc... and point to that as proof that the science is wrong.

What makes this worse is that Cryto is MATH. And people don't like math, I mean "MATH IS HARD" as Barbie said. What's worse is that while Crypto is BASED on math it is very hard to prove attacks and such since you can never create a "test" network with the number of nodes the production network has on it.

The bottom line is, to attack the NXT (or pretty much any PoS coin) you need to OWN a large amount of that coin. In order to do that, (unless you can hack a lot of people that keep their passphrases in a text file), you have to buy it. When you start buying it the price will climb quickly. Could you buy and own more than 50% of NXT? Maybe. But, once you've spent that much money to do it your only hurting yourself. Is it worth spending $100million (just some fantasy amount) to kill NXT?

So yea, bottom line, people will believe what they want to believe no matter how many facts and mathematical and scientific studies by reputable people show otherwise.

hahaha, there are a lot of people on this forum that still believe that there is no global warming.  And btw, it isn't 90/10, it is like 99/01 and even that might be being generous to the deniers.
count me as a denier I guess... so the last 150 or so of temps is some sort of trend dating back 4.5 billion years?!?  in the U.S., how did the Great Lakes form?  About 10,000 to 20,000 years ago "when the earth's climate warmed and the last glacial continental ice sheet retreated".... hmm, man made warming as well?

+1

Global warming is a joke. Call me a denier too!
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lucky88888

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Re: Price speculation
« Reply #24869 on: October 03, 2015, 02:24:19 am »

im wondering if i stuff up a transaction is there a way for me to cancel out before it gets any confirmations?
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Pilot

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Re: Price speculation
« Reply #24870 on: October 03, 2015, 04:11:29 am »

Anyone read this yet?

http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.

OK, moving on AWAY from the traditional knee jerk reaction of "they don't like PoS", can anyone shed any light on the things they actually sáy?

I think we are doing ourselves a disservice by just pushing things away that we don't like.  :)

Here's the thing, people will believe what they want.

I know from experience, with over 90% of Scientists show via studies and data that global warming is happening and it IS cause by mans actions. Yet, there are still is a large percentage of people (in the US at least) that still don't "believe" it. The listen to Poloticians, Talking Heads, etc... and point to that as proof that the science is wrong.

What makes this worse is that Cryto is MATH. And people don't like math, I mean "MATH IS HARD" as Barbie said. What's worse is that while Crypto is BASED on math it is very hard to prove attacks and such since you can never create a "test" network with the number of nodes the production network has on it.

The bottom line is, to attack the NXT (or pretty much any PoS coin) you need to OWN a large amount of that coin. In order to do that, (unless you can hack a lot of people that keep their passphrases in a text file), you have to buy it. When you start buying it the price will climb quickly. Could you buy and own more than 50% of NXT? Maybe. But, once you've spent that much money to do it your only hurting yourself. Is it worth spending $100million (just some fantasy amount) to kill NXT?

So yea, bottom line, people will believe what they want to believe no matter how many facts and mathematical and scientific studies by reputable people show otherwise.

hahaha, there are a lot of people on this forum that still believe that there is no global warming.  And btw, it isn't 90/10, it is like 99/01 and even that might be being generous to the deniers.
count me as a denier I guess... so the last 150 or so of temps is some sort of trend dating back 4.5 billion years?!?  in the U.S., how did the Great Lakes form?  About 10,000 to 20,000 years ago "when the earth's climate warmed and the last glacial continental ice sheet retreated".... hmm, man made warming as well?

I'm not sure what 4.5 billion years ago has to do with it. Do you deny that a green house gets hot because of science, or is it just magic? The temps of the earth can be traced back to the level's of CO2 in the atmosphere. 

""The bottom line is that atmospheric carbon dioxide acts as a thermostat in regulating the temperature of Earth," Lacis said. "The Intergovernmental Panel on Climate Change has fully documented the fact that industrial activity is responsible for the rapidly increasing levels of atmospheric carbon dioxide and other greenhouse gases. It is not surprising then that global warming can be linked directly to the observed increase in atmospheric carbon dioxide and to human industrial activity in general."

http://www.nasa.gov/topics/earth/features/co2-temperature.html

You're making incorrect assumptions based on a lack of understanding. So, all these studies are wrong is what you are saying, you your "thoughts" are correct?
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3rdStryker

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Re: Price speculation
« Reply #24871 on: October 03, 2015, 04:32:52 am »

Hey All,

BTCOR's Magazine, October edition is now available for viewing.

Click here --> http://joom.ag/XnTp

Whats inside you say? BTCOR and NXT news. Audiocoin interview. InstantDEX article. Damon's Article. EOM Report.

And did you make the "Top 5 SuperNet Slack Chats"? on Page 17. :D

And if the stars align we should see some really cool stuff inside next month's edition too.


NxtSwe

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Re: Price speculation
« Reply #24872 on: October 03, 2015, 05:27:36 am »

Anyone read this yet?

http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.

OK, moving on AWAY from the traditional knee jerk reaction of "they don't like PoS", can anyone shed any light on the things they actually sáy?

I think we are doing ourselves a disservice by just pushing things away that we don't like.  :)

Here's the thing, people will believe what they want.

I know from experience, with over 90% of Scientists show via studies and data that global warming is happening and it IS cause by mans actions. Yet, there are still is a large percentage of people (in the US at least) that still don't "believe" it. The listen to Poloticians, Talking Heads, etc... and point to that as proof that the science is wrong.

What makes this worse is that Cryto is MATH. And people don't like math, I mean "MATH IS HARD" as Barbie said. What's worse is that while Crypto is BASED on math it is very hard to prove attacks and such since you can never create a "test" network with the number of nodes the production network has on it.

The bottom line is, to attack the NXT (or pretty much any PoS coin) you need to OWN a large amount of that coin. In order to do that, (unless you can hack a lot of people that keep their passphrases in a text file), you have to buy it. When you start buying it the price will climb quickly. Could you buy and own more than 50% of NXT? Maybe. But, once you've spent that much money to do it your only hurting yourself. Is it worth spending $100million (just some fantasy amount) to kill NXT?

So yea, bottom line, people will believe what they want to believe no matter how many facts and mathematical and scientific studies by reputable people show otherwise.
I've seen this 90% or 97% being tossed around a lot. What I've never seen is a comprehensive list with names backing up the number.
I could say that I own 90% of all NXT coins in existence, however without proof it's an empty claim.

I'm not sure what to think about the climate change, I'm no scientist.
However when one side feel they have to lie about number of scientists on their side the opposing side naturally gains in credibility in my eyes.
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XIII

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Re: Price speculation
« Reply #24873 on: October 03, 2015, 05:32:28 am »

Hello!

I am glad to introduce the first physical embassy of NXT crypto in Kyiv, Ukraine. I've decide to found it,
cause I've meet a lot of people, who are interested in this project.

It's name is NXTFLOW, and now we have a beautiful office in Kyiv, near a humanmade island, and the first version
of website.

Here you can see my first annonce video: https://www.youtube.com/watch?v=3q0bbRiR06s

And here is the website: http://nxtflow.com

My community on FB: https://www.facebook.com/cryptonomiconua?pnref=story

It is not easy to create an embassy from your own estate, so it will take me a few days, or even week,
after I will upload a new video and give you a new information.

It is not easy to make the walls ready, buy some computers and polyacryl, so any donations will be greatly appreciated.

NXT-SVZE-S87X-EAUU-5FZMH

1FPmY3ZUkmdfwRZYQsHiChARjnb6jKsRox


P.S. Also, NXTFLOW will consist of a few subprjects from start, like "earning and living for NXT video blog", writing a
foundamental book like "Mastering NXT" and some other. I would accept all offers for projects, even our work
will be based on primaries-voting.
« Last Edit: October 03, 2015, 05:38:02 am by XIII »
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Fern

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Re: Price speculation
« Reply #24874 on: October 03, 2015, 06:07:46 am »

Anyone read this yet?

http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

Just stumbled across this PDF:
http://bitfury.com/content/4-white-papers-research/2-proof-of-stake-vs-proof-of-work/pos-vs-pow-1.0.2.pdf

The conclusion is of course no surprise  ;)
But maybe someone can use it for something.

TL;DR: A business that relies on PoW supports PoW.
I am shocked, I tell you.

OK, moving on AWAY from the traditional knee jerk reaction of "they don't like PoS", can anyone shed any light on the things they actually sáy?

I think we are doing ourselves a disservice by just pushing things away that we don't like.  :)

Here's the thing, people will believe what they want.

I know from experience, with over 90% of Scientists show via studies and data that global warming is happening and it IS cause by mans actions. Yet, there are still is a large percentage of people (in the US at least) that still don't "believe" it. The listen to Poloticians, Talking Heads, etc... and point to that as proof that the science is wrong.

What makes this worse is that Cryto is MATH. And people don't like math, I mean "MATH IS HARD" as Barbie said. What's worse is that while Crypto is BASED on math it is very hard to prove attacks and such since you can never create a "test" network with the number of nodes the production network has on it.

The bottom line is, to attack the NXT (or pretty much any PoS coin) you need to OWN a large amount of that coin. In order to do that, (unless you can hack a lot of people that keep their passphrases in a text file), you have to buy it. When you start buying it the price will climb quickly. Could you buy and own more than 50% of NXT? Maybe. But, once you've spent that much money to do it your only hurting yourself. Is it worth spending $100million (just some fantasy amount) to kill NXT?

So yea, bottom line, people will believe what they want to believe no matter how many facts and mathematical and scientific studies by reputable people show otherwise.

hahaha, there are a lot of people on this forum that still believe that there is no global warming.  And btw, it isn't 90/10, it is like 99/01 and even that might be being generous to the deniers.
count me as a denier I guess... so the last 150 or so of temps is some sort of trend dating back 4.5 billion years?!?  in the U.S., how did the Great Lakes form?  About 10,000 to 20,000 years ago "when the earth's climate warmed and the last glacial continental ice sheet retreated".... hmm, man made warming as well?

+1

Global warming is a joke. Call me a denier too!

According to some, we are entering into a much colder period. I don't believe 'scientists', they're given far too much credibility.

http://www.armstrongeconomics.com/archives/37504
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CryptKeeper

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Re: Price speculation
« Reply #24875 on: October 03, 2015, 06:12:13 am »

Hello!

I am glad to introduce the first physical embassy of NXT crypto in Kyiv, Ukraine. I've decide to found it,
cause I've meet a lot of people, who are interested in this project.

It's name is NXTFLOW, and now we have a beautiful office in Kyiv, near a humanmade island, and the first version
of website.

Here you can see my first annonce video: https://www.youtube.com/watch?v=3q0bbRiR06s

And here is the website: http://nxtflow.com

My community on FB: https://www.facebook.com/cryptonomiconua?pnref=story

It is not easy to create an embassy from your own estate, so it will take me a few days, or even week,
after I will upload a new video and give you a new information.

It is not easy to make the walls ready, buy some computers and polyacryl, so any donations will be greatly appreciated.

NXT-SVZE-S87X-EAUU-5FZMH

1FPmY3ZUkmdfwRZYQsHiChARjnb6jKsRox


P.S. Also, NXTFLOW will consist of a few subprjects from start, like "earning and living for NXT video blog", writing a
foundamental book like "Mastering NXT" and some other. I would accept all offers for projects, even our work
will be based on primaries-voting.

Great, tweeted about it!
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Peter2516

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Re: Price speculation
« Reply #24876 on: October 03, 2015, 07:47:03 am »


I don't believe 'scientists', they're given far too much credibility.

Yeah, silly scientists going around with their gimmicky gravity and round-earth-theories. All just a bunch of attention-seekers if you ask me, with their data and models and experiments! What have scientists ever done for us? At least the Romans gave us the aquaduct.
Better to just ignore them and go with your gut feeling. I mean, has your gut ever betrayed you? More power to the gut!
« Last Edit: October 03, 2015, 11:38:16 am by Peter2516 »
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bezbezbez

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Re: Price speculation
« Reply #24877 on: October 03, 2015, 09:06:00 am »

Hello!

I am glad to introduce the first physical embassy of NXT crypto in Kyiv, Ukraine. I've decide to found it,
cause I've meet a lot of people, who are interested in this project.

It's name is NXTFLOW, and now we have a beautiful office in Kyiv, near a humanmade island, and the first version
of website.

Here you can see my first annonce video: https://www.youtube.com/watch?v=3q0bbRiR06s

And here is the website: http://nxtflow.com

My community on FB: https://www.facebook.com/cryptonomiconua?pnref=story

It is not easy to create an embassy from your own estate, so it will take me a few days, or even week,
after I will upload a new video and give you a new information.

It is not easy to make the walls ready, buy some computers and polyacryl, so any donations will be greatly appreciated.

NXT-SVZE-S87X-EAUU-5FZMH

1FPmY3ZUkmdfwRZYQsHiChARjnb6jKsRox


P.S. Also, NXTFLOW will consist of a few subprjects from start, like "earning and living for NXT video blog", writing a
foundamental book like "Mastering NXT" and some other. I would accept all offers for projects, even our work
will be based on primaries-voting.

Great initiative!

To CryptKeeperBTT: Plz join our slack channel - twitter-marketing for centralised twitter promotion )
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yassin54

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Re: Price speculation
« Reply #24878 on: October 03, 2015, 09:37:24 am »

Great, tweeted about it!
me too!!  ;D ;D
Yes Cryptkeeper you are Welcome in Slack marketing Twitter  ;)
« Last Edit: October 03, 2015, 09:39:34 am by yassin54 »
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Audo Kryptowitz

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Re: Price speculation
« Reply #24879 on: October 03, 2015, 10:05:45 am »

I have to comment on this global warming debate.

First, It's not proven that there is global warming caused by humans. There are scientists and researchers who argue, that there is, and then there are others who argue that there is not. What makes this debate worrying among scientists is that they are cutting the funding if you don't go along with the narrative. They also use ridiculing tactics and the media to push the agenda.

Why is this worrying? Because in science you WANT people to try to argue against the currently accepted theory. There is a thesis, and then there are people who try to prove that the thesis is wrong. Science goes forward because people question. Questioning should be embraced, not ridiculed.

The two biggest researches I'm aware of are these:

IPCC - Intergovernmental Panel on Climate Change, found that there is global warming caused by humans
http://www.ipcc.ch/
"We are not biased, because our funding comes from the government, not corporations with profit motives"

NIPCC - Nongovernmental International Panel on Climate Change, found that there is no human caused global warming
http://www.nipccreport.org/about/about.html
"Because we do not work for any governments, we are not biased toward the assumption that greater government activity is necessary."

Both are huge reports made by scientists. You cannot accept the thesis just because you heard it in media or because politicians are pushing the agenda. People are not aware of the other side of this debate, because it's not talked about.


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