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prometheus

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Re: Price speculation
« Reply #25860 on: December 07, 2015, 05:47:25 pm »

0.9417 SuperNETx2 sold for 0.01 NXT?  :o
Who's selling at this price? ???

looks like a glitch
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EvilDave

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Re: Price speculation
« Reply #25861 on: December 07, 2015, 08:55:25 pm »

testing......
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blackyblack1

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Re: Price speculation
« Reply #25862 on: December 07, 2015, 09:12:12 pm »

works now...
« Last Edit: December 08, 2015, 05:02:07 pm by blackyblack1 »
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Pilot

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Re: Price speculation
« Reply #25863 on: December 07, 2015, 09:50:20 pm »

Am i stupid not holding any BTC?
Ive pretty much got mose of my assets in NXT and NEM.
Is it likely that BTC will increase to $10K, let alone $1M like some are speculating?

I would say at least 50% (probably better 80% or more) of your crypto speculation investment money should be in BTC. Some here on the NXT forum poo poo the POW and how it is going to be the downfall... but BTC is the only tech and token that has any "main stream" attention.

Of course, that's just one persons opinion.. if I could see the future I'd be rich already.
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apenzl

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Re: Price speculation
« Reply #25864 on: December 08, 2015, 01:27:37 am »

+1440 ^



Quote
Dear Sir, Madam,

Thank you for contacting the European Securities and Markets Authority (ESMA). We will look into your request and will aim to respond to your message within a month.

Best regards,
Info Esma

This is a response to:
http://nxter.org/the-regulatory-process-if-youre-not-at-the-table-youre-on-the-menu/ ,
 part of the Nxt book release that we hope to crowdfund: http://nxter.org/crowdfunding-the-first-book-about-the-nxt-cryptocurrency-platform/

and here we go



PM sent.

Wow, they didn't like that then.
Don't worry Arthur. We'll have a whip-round. I'll pledge 1,000 NXT. When you get out in 3 years it'll be worth EUR 300k.

eliminate the circular stars.

I propose


apenzl

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Re: Price speculation
« Reply #25865 on: December 08, 2015, 01:50:16 am »

Ok...

Intesa Sanpaolo haven't replied yet (but promised to), so to give them a chance to NOT deal with the subject, maybe just



Cassius could you pledge another 1000 NXT, just in case?

I won't do it of course. And I'll remove the stars from the other pic. Even make another image if you prefer.

https://www.google.dk/search?q=esma+logo+google&client=safari&rls=en&source=lnms&tbm=isch&sa=X&ved=0ahUKEwir9tDaicvJAhXF6Q4KHevnDDwQ_AUIBygB&biw=1227&bih=715#tbm=isch&q=esma+logo&imgrc=5GO-cWDJqOGTOM%3A

Thanks for the PM, Mr. Bold. Appreciated.
@others, FYI: I have received a reply to forward to the ESMA crew from info@nxter.org, basically saying that we have changed the pic, so we hope they are ok.

Now, there is not a single line in ESMA's response about the article content. They DO recognise that an article has been written by "NEXTR" and it has been sent to them. Whether Robert Bold's title and/or the image has provoked them to turn the title into a self-fulfilling prophecy, I can't say. Maybe they're just too busy. They haven't got the time. Can't correct their mistakes. But a response that does not in any way take into account the correction of inaccuracies in the report they have publicised, is hard not to make a comment about, imo. IMO this calls for a follow-up article.

ESMA has published a report, the first "large scale" presentation of Nxt -- only problem: it is not factual. So we tell them. And we tell them why. They do nothing but forward our in depth response to their comms.helpdesk, who forwards it to their lawyers. It would surprise me if the article hasn't been read. After all, they spent time on tracking the "featured image" via Twitter, to come forward with their response.



This is a response to:
Quote
From: Arthur Penzl [mailto:info@nxter.org]
Sent: 30 November 2015 01:44
To: Info ESMA

Subject: Intesa Sanpaolo's response to ESMA's call for evidence on 22 April 2015 regarding “Investment using virtual currency or distributed ledger technology”

Hello ESMA,

In the interests of regulation being made, as far as possible, on the basis of full and accurate information, you are respectfully referred to the following article "The regulatory process: if you're not at the table, you're on the menu"
http://nxter.org/the-regulatory-process-if-youre-not-at-the-table-youre-on-the-menu/
which, on 29.11.2015, was published on nxter.org, an online journal that publishes news and views on NXT and its potential as a token, cryptocurrency and economic ecosystem:

An email has also been sent to Intesa Sanpaolo notifying them of the article's publication.

Nxter.org recognises the need for regulation that is:

* transparent,

* simple,

* achieved at minimum cost, while fostering competitiveness, growth and jobs,

and which does not:

* stifle innovation,

* protect vested interests, or

* compromise the potential of independent, genuinely decentralised blockchain technology to democractise financial power worldwide.

Regards,
The NXTER.ORG Team

So a 10 pages in depth response, backed by Nxt's core developers, correcting inaccuracies about Nxt (the main topic of their report), and ESMA's response is a lawyer threatening us with fines of up to €300K and 3 years of prison, because we've used their logo to represent them? *Nothing* else. I find that hard to swallow, so to speak. But then again, we've apparently been put on the menu.

I don't want to cause trouble for Nxt. But

Robert, (or Cassius, or anyone else for that matter - in the name of being a decentralised community) do you feel like writing a short follow-up article about the response? It should of course link to the original article (http://nxter.org/the-regulatory-process-if-youre-not-at-the-table-youre-on-the-menu/), as we want to give it exposure. Not because of ESMA, but because of its content, which clears up a few inaccuracies about Nxt, for the first time!!

PS. We could make pictures, if you like. I can create some more to choose from. :'(  Others could? We could run a contest: how to rate ESMA - without the stars? ;D

Aaah, ESMA is powerful and we shouldn't fuck with them or their need to be in control. We shouldn't because of Nxt's future.
Or maybe, does Nxt's future depend as much on ESMA and the SEC as on the programmers, the investors, the businesses, and the 99%?

Seriously, I dunno. Tell me. Afaik, it's out choice.
« Last Edit: December 08, 2015, 02:01:51 am by apenzl »
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KarlKarlsson

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Re: Price speculation
« Reply #25867 on: December 08, 2015, 08:54:53 am »

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xiahui135

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Re: Price speculation
« Reply #25868 on: December 08, 2015, 12:42:01 pm »

Glad to see nxt start innovation again. the 1.7 is a good start.
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blackyblack1

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Re: Price speculation
« Reply #25869 on: December 08, 2015, 01:16:06 pm »

0.9417 SuperNETx2 sold for 0.01 NXT?  :o
Who's selling at this price? ???

looks like a glitch
It's not a glitch. Misclick on a very thin orderbook.
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apenzl

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Re: Price speculation
« Reply #25870 on: December 08, 2015, 01:44:40 pm »

Fair use of a logo?
http://smallbusiness.chron.com/fair-use-logos-2152.html
http://www.inta.org/TrademarkBasics/FactSheets/Pages/FairUse.aspx
https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fblog.iusmentis.com%2F2014%2F03%2F19%2Fmag-je-een-merknaam-noemen-in-een-kritisch-artikel-over-een-bedrijf%2F&edit-text=&act=url
https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.iusmentis.com%2Fauteursrecht%2Ffairuse%2F&edit-text=

Yeah, 'fair use' is an American law. In EU, it's national law + precedence.
Harmonization of trademark law and practice is underway though. On November 10, the European Council adopted the final texts of a new Regulation and Directive. The European Parliament is planning to follow suit in mid-December. http://www.consilium.europa.eu/en/press/press-releases/2015/11/10-trade-marks-reform-council-adopts-position-first-reading/

Part of it deals with "fair use" of registered trademarks in EU. Relevant to our case:
Quote
the proprietor should not be entitled to prevent the fair and honest use of the mark for the purpose of identifying or referring to the goods or services as those of the proprietor.

Until then, we can freely use pictures of ESMA peoples...
https://www.esma.europa.eu/page/Photo-Library
No problem. It's just people. Just don't draw attention to the logo.

Your links are interesting. Thanks.  :)
Quote
Een tactiek die ik vaker zie: in plaats van inhoudelijk in te gaan op de kritiek, beroept men zich op een auteursrecht of merkrecht in de hoop zo de hoster of uitgever te laten schrikken en snel actie te nemen.
  ::)

prometheus

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Re: Price speculation
« Reply #25871 on: December 08, 2015, 02:56:29 pm »

0.9417 SuperNETx2 sold for 0.01 NXT?  :o
Who's selling at this price? ???

looks like a glitch
It's not a glitch. Misclick on a very thin orderbook.


there was well enough NXT of buywalls to support a 0.9417 sale without it hitting 0.01
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TwinWinNerD

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Re: Price speculation
« Reply #25872 on: December 08, 2015, 03:25:56 pm »

0.9417 SuperNETx2 sold for 0.01 NXT?  :o
Who's selling at this price? ???

looks like a glitch
It's not a glitch. Misclick on a very thin orderbook.


there was well enough NXT of buywalls to support a 0.9417 sale without it hitting 0.01

No there wasn't. All the orders are fresh

neofelis

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Re: Price speculation
« Reply #25873 on: December 08, 2015, 09:20:56 pm »

Am i stupid not holding any BTC?
Ive pretty much got mose of my assets in NXT and NEM.
Is it likely that BTC will increase to $10K, let alone $1M like some are speculating?
Yes you are. Btc is high risk, but everything else is even higher risk. You should invest accordingly and never give up all your Btc like that. Btc's job of becoming sound money is just getting started, and anyone who allowed the lure of shiny objects to separate them from all their coins are going to regret it.

 I still think bitcoin is destined to eventually fail. The proof of work system is too easy to overcome and shut down the block chain. It is ripe for any government that wants to stop bitcoin in its tracks.   What's going to happen to the proof of work difficulty once 21 million bitcoin have been produced?  All a malicious government has to do is produce a whole bunch of ASIC chips to shut down the network. Too vulnerable. Proof of stake is much better.
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grewalsatinder

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Re: Price speculation
« Reply #25874 on: December 08, 2015, 09:41:25 pm »

Am i stupid not holding any BTC?
Ive pretty much got mose of my assets in NXT and NEM.
Is it likely that BTC will increase to $10K, let alone $1M like some are speculating?
Yes you are. Btc is high risk, but everything else is even higher risk. You should invest accordingly and never give up all your Btc like that. Btc's job of becoming sound money is just getting started, and anyone who allowed the lure of shiny objects to separate them from all their coins are going to regret it.

 I still think bitcoin is destined to eventually fail. The proof of work system is too easy to overcome and shut down the block chain. It is ripe for any government that wants to stop bitcoin in its tracks.   What's going to happen to the proof of work difficulty once 21 million bitcoin have been produced?  All a malicious government has to do is produce a whole bunch of ASIC chips to shut down the network. Too vulnerable. Proof of stake is much better.

You are predicting future: year 2140 and beyond. For precise and accurate future predictions one must have very good knowledge of the research and development happening in tech industry in many different scientific areas. Even small pieces of scientific discoveries affecting chain of tech development in longer run.

You and me might not be the person to predict that future of Bitcoin or any Blockchain or X technology. It's uncertain.
« Last Edit: December 08, 2015, 09:44:31 pm by grewalsatinder »
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RealBitcoin

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Re: Price speculation
« Reply #25875 on: December 08, 2015, 11:19:52 pm »


 I still think bitcoin is destined to eventually fail. The proof of work system is too easy to overcome and shut down the block chain. It is ripe for any government that wants to stop bitcoin in its tracks.   What's going to happen to the proof of work difficulty once 21 million bitcoin have been produced?  All a malicious government has to do is produce a whole bunch of ASIC chips to shut down the network. Too vulnerable. Proof of stake is much better.

They can produce malicious PC's to shut down any crypto. But there are already developments for open source hardware, which is exciting to see.

Dont worry, BTC and NXT will hang in there.
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SkyNxt

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Re: Price speculation
« Reply #25876 on: December 09, 2015, 12:12:49 am »

Please check SkyNxt new release, NXT mobile application with revamped UI

https://nxtforum.org/index.php?topic=9609.0
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nzminer

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Re: Price speculation
« Reply #25877 on: December 09, 2015, 01:00:07 am »

Am i stupid not holding any BTC?
Ive pretty much got mose of my assets in NXT and NEM.
Is it likely that BTC will increase to $10K, let alone $1M like some are speculating?
Yes you are. Btc is high risk, but everything else is even higher risk. You should invest accordingly and never give up all your Btc like that. Btc's job of becoming sound money is just getting started, and anyone who allowed the lure of shiny objects to separate them from all their coins are going to regret it.

 I still think bitcoin is destined to eventually fail. The proof of work system is too easy to overcome and shut down the block chain. It is ripe for any government that wants to stop bitcoin in its tracks.   What's going to happen to the proof of work difficulty once 21 million bitcoin have been produced?  All a malicious government has to do is produce a whole bunch of ASIC chips to shut down the network. Too vulnerable. Proof of stake is much better.

You are predicting future: year 2140 and beyond. For precise and accurate future predictions one must have very good knowledge of the research and development happening in tech industry in many different scientific areas. Even small pieces of scientific discoveries affecting chain of tech development in longer run.

You and me might not be the person to predict that future of Bitcoin or any Blockchain or X technology. It's uncertain.

I invested in NXT mainly because i believe in its technology, its pretty much the best crypto platform overall. Whether the crypto community feel that way, remains to be seen, and people could very all well look to BTC, becasue thats the "main" currency.

I want to keep a minimum of 100K NXT, based on future speculation should NXT achieve a $10 Billion marketcap, even 1 billion should be achievable in the mid-long term.

I want to hold some BTC, but dont have much to invest, considering BTC is more expensive, there may not be alot to gain, even if it goes back to $1K per BTC, you get more for your money, unless BTC could achieve $1M per BTC like some speculate, IDK.
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grewalsatinder

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Re: Price speculation
« Reply #25878 on: December 09, 2015, 01:05:51 am »

Am i stupid not holding any BTC?
Ive pretty much got mose of my assets in NXT and NEM.
Is it likely that BTC will increase to $10K, let alone $1M like some are speculating?
Yes you are. Btc is high risk, but everything else is even higher risk. You should invest accordingly and never give up all your Btc like that. Btc's job of becoming sound money is just getting started, and anyone who allowed the lure of shiny objects to separate them from all their coins are going to regret it.

 I still think bitcoin is destined to eventually fail. The proof of work system is too easy to overcome and shut down the block chain. It is ripe for any government that wants to stop bitcoin in its tracks.   What's going to happen to the proof of work difficulty once 21 million bitcoin have been produced?  All a malicious government has to do is produce a whole bunch of ASIC chips to shut down the network. Too vulnerable. Proof of stake is much better.

You are predicting future: year 2140 and beyond. For precise and accurate future predictions one must have very good knowledge of the research and development happening in tech industry in many different scientific areas. Even small pieces of scientific discoveries affecting chain of tech development in longer run.

You and me might not be the person to predict that future of Bitcoin or any Blockchain or X technology. It's uncertain.

I invested in NXT mainly because i believe in its technology, its pretty much the best crypto platform overall. Whether the crypto community feel that way, remains to be seen, and people could very all well look to BTC, becasue thats the "main" currency.

I want to keep a minimum of 100K NXT, based on future speculation should NXT achieve a $10 Billion marketcap, even 1 billion should be achievable in the mid-long term.

I want to hold some BTC, but dont have much to invest, considering BTC is more expensive, there may not be alot to gain, even if it goes back to $1K per BTC, you get more for your money, unless BTC could achieve $1M per BTC like some speculate, IDK.

When you speculate on some technology, like NXT or BTC, what things you look at to see the probability of it doing better in near future?
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nzminer

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Re: Price speculation
« Reply #25879 on: December 09, 2015, 01:32:15 am »

Am i stupid not holding any BTC?
Ive pretty much got mose of my assets in NXT and NEM.
Is it likely that BTC will increase to $10K, let alone $1M like some are speculating?
Yes you are. Btc is high risk, but everything else is even higher risk. You should invest accordingly and never give up all your Btc like that. Btc's job of becoming sound money is just getting started, and anyone who allowed the lure of shiny objects to separate them from all their coins are going to regret it.

 I still think bitcoin is destined to eventually fail. The proof of work system is too easy to overcome and shut down the block chain. It is ripe for any government that wants to stop bitcoin in its tracks.   What's going to happen to the proof of work difficulty once 21 million bitcoin have been produced?  All a malicious government has to do is produce a whole bunch of ASIC chips to shut down the network. Too vulnerable. Proof of stake is much better.

You are predicting future: year 2140 and beyond. For precise and accurate future predictions one must have very good knowledge of the research and development happening in tech industry in many different scientific areas. Even small pieces of scientific discoveries affecting chain of tech development in longer run.

You and me might not be the person to predict that future of Bitcoin or any Blockchain or X technology. It's uncertain.

I invested in NXT mainly because i believe in its technology, its pretty much the best crypto platform overall. Whether the crypto community feel that way, remains to be seen, and people could very all well look to BTC, becasue thats the "main" currency.

I want to keep a minimum of 100K NXT, based on future speculation should NXT achieve a $10 Billion marketcap, even 1 billion should be achievable in the mid-long term.

I want to hold some BTC, but dont have much to invest, considering BTC is more expensive, there may not be alot to gain, even if it goes back to $1K per BTC, you get more for your money, unless BTC could achieve $1M per BTC like some speculate, IDK.

When you speculate on some technology, like NXT or BTC, what things you look at to see the probability of it doing better in near future?

Transaction time, block times are important, but blockchain bloating and other limitations like block size are becoming apparent in BTC.
Energy consumption with POW mining is a total joke IMO, seems really uneconomic to me.
BTC is becoming more centralised with only the major players or pools running the network these days.

Asset exchange and monetary system are a great advantage, not to mention many other "firsts" that NXt has bought to the table.
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