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Author Topic: Price speculation  (Read 3518989 times)

nextcafe

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Re: Price speculation
« Reply #10600 on: August 31, 2014, 05:28:30 pm »

What's with bitcoin and everything else going down right now?
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lemonhead

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Re: Price speculation
« Reply #10601 on: August 31, 2014, 05:57:36 pm »

rumor is that there are bots out of control because the volume of the last hours was 20k BTC (likely higher by now)

and for NXT to me it looks like people are dumping evrytime its going a little up... but i could be wrong of course
« Last Edit: August 31, 2014, 06:09:07 pm by lemonhead »
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lemonhead

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Re: Price speculation
« Reply #10602 on: August 31, 2014, 06:06:48 pm »

 it was like 40k BTC Volume last 12 hours which is very high
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Windjc

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Re: Price speculation
« Reply #10603 on: August 31, 2014, 06:20:48 pm »

With the Supernode on its in way into existence, this is a no-brainer time to buy Nxt.
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viennavtc

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Re: Price speculation
« Reply #10604 on: August 31, 2014, 06:20:55 pm »

multigateway server down 'Bandwidth Limit Exceeded
The server is temporarily unable to service your request due to the site owner reaching his/her bandwidth limit. Please try again later.' does that happen much?
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lemonhead

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Re: Price speculation
« Reply #10605 on: August 31, 2014, 06:39:45 pm »

multigateway server down 'Bandwidth Limit Exceeded
The server is temporarily unable to service your request due to the site owner reaching his/her bandwidth limit. Please try again later.' does that happen much?
i guess its only the website which is down...
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theironman

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Re: Price speculation
« Reply #10606 on: August 31, 2014, 07:22:11 pm »

With the Supernode on its in way into existence, this is a no-brainer time to buy Nxt.

And SuperNET   :)


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farl4bit

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Re: Price speculation
« Reply #10607 on: August 31, 2014, 09:00:29 pm »


MGW is still not in the list in Coinmarketcap.

The asset MGW is, at #67 http://coinmarketcap.com/currencies/mgw/

Cool, another Nxt Asset listed as currency!
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jefdiesel

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Re: Price speculation
« Reply #10608 on: August 31, 2014, 10:23:35 pm »

for interest.. look here and see all the listed NXT assets

http://coinmarketcap.com/exchanges/nxt-asset-exchange/
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verdun2003

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Re: Price speculation
« Reply #10609 on: September 01, 2014, 12:50:32 am »

As most of us know, most of the people outside NXT complain about the NXT distribution as a no go - therefore putting a downward pressure on price by removing potential buyers.

Just crunched the data, and here is a pretty interesting fact:
- 0.14% of NXT adresses (top 70 adresses) own 68.5% of total NXT's
- 0.03% of BTC adresses (top 15k adresses) own 68++% of total BTC's

Also:
- 1% of NXT adresses (top 500 adresses) own 92%++ of total NXT's
- 0.27% of BTC adresses (top 100k adresses) own 95%++ of total BTC's

Therefore, it is a fact that NXT has a better relative distribution than BTC. Relative distribution is 4x better regarding NXT for the wallets owning 95% of the coins


Remember about it next time you see one of those nxt distributrolls

Sources:
http://bitcoinrichlist.com/charts/bitcoin-distribution-by-address?atblock=310000
http://charts.nxtcrypto.org/cDistributionTopAccount.aspx
http://87.230.14.1/nxt/nxt.cgi?action=30

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jl777

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Re: Price speculation
« Reply #10610 on: September 01, 2014, 01:07:24 am »

As most of us know, most of the people outside NXT complain about the NXT distribution as a no go - therefore putting a downward pressure on price by removing potential buyers.

Just crunched the data, and here is a pretty interesting fact:
- 0.14% of NXT adresses (top 70 adresses) own 68.5% of total NXT's
- 0.03% of BTC adresses (top 15k adresses) own 68++% of total BTC's

Also:
- 1% of NXT adresses (top 500 adresses) own 92%++ of total NXT's
- 0.27% of BTC adresses (top 100k adresses) own 95%++ of total BTC's

Therefore, it is a fact that NXT has a better relative distribution than BTC. Relative distribution is 4x better regarding NXT for the wallets owning 95% of the coins


Remember about it next time you see one of those nxt distributrolls

Sources:
http://bitcoinrichlist.com/charts/bitcoin-distribution-by-address?atblock=310000
http://charts.nxtcrypto.org/cDistributionTopAccount.aspx
http://87.230.14.1/nxt/nxt.cgi?action=30
but, but, but,
dont let the facts get in the way of your agenda!
If stuff like this starts becoming common knowledge one of the few things keeping NXT price down will go away
plz wait till I am able to buy more NXT
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anon136

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Re: Price speculation
« Reply #10611 on: September 01, 2014, 01:14:11 am »

As most of us know, most of the people outside NXT complain about the NXT distribution as a no go - therefore putting a downward pressure on price by removing potential buyers.

Just crunched the data, and here is a pretty interesting fact:
- 0.14% of NXT adresses (top 70 adresses) own 68.5% of total NXT's
- 0.03% of BTC adresses (top 15k adresses) own 68++% of total BTC's

Also:
- 1% of NXT adresses (top 500 adresses) own 92%++ of total NXT's
- 0.27% of BTC adresses (top 100k adresses) own 95%++ of total BTC's

Therefore, it is a fact that NXT has a better relative distribution than BTC. Relative distribution is 4x better regarding NXT for the wallets owning 95% of the coins


Remember about it next time you see one of those nxt distributrolls

Sources:
http://bitcoinrichlist.com/charts/bitcoin-distribution-by-address?atblock=310000
http://charts.nxtcrypto.org/cDistributionTopAccount.aspx
http://87.230.14.1/nxt/nxt.cgi?action=30

unfortunately its an apples and oranges comparison because nxt address reuse is encouraged but bitcoin address reuse is not.
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viennavtc

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Re: Price speculation
« Reply #10612 on: September 01, 2014, 01:56:45 am »

is it a good idea or bad idea to use the multigateway as an online wallet?  Hopefully new coins get added very soon. 
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jefdiesel

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Re: Price speculation
« Reply #10613 on: September 01, 2014, 02:02:42 am »

MGW coins are safe in your wallet. not online one bit
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_mr_e

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Re: Price speculation
« Reply #10614 on: September 01, 2014, 02:06:51 am »

is it a good idea or bad idea to use the multigateway as an online wallet?  Hopefully new coins get added very soon.

Currently using it as my wallet for btcd so I hope so haha.
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TheCoinWizard

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Re: Price speculation
« Reply #10615 on: September 01, 2014, 04:49:06 am »

is it a good idea or bad idea to use the multigateway as an online wallet?  Hopefully new coins get added very soon.

Currently using it as my wallet for btcd so I hope so haha.
Let me remind you that MGW the way I understand it is still NOT a decentralized, error free exchange, on top of that it is still running in beta. It does seem better than bter as it might not be basically bankrupt, and might even be a step towards decentralized exchanges.

My advice, as for every exchange, only keep the coins there that you wanna put on the order book and withdraw the rest.... Not only for your safety but also to keep MGW profile low for hackers.
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jakalone666

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Re: Price speculation
« Reply #10616 on: September 01, 2014, 05:04:56 am »

As most of us know, most of the people outside NXT complain about the NXT distribution as a no go - therefore putting a downward pressure on price by removing potential buyers.

Just crunched the data, and here is a pretty interesting fact:
- 0.14% of NXT adresses (top 70 adresses) own 68.5% of total NXT's
- 0.03% of BTC adresses (top 15k adresses) own 68++% of total BTC's

Also:
- 1% of NXT adresses (top 500 adresses) own 92%++ of total NXT's
- 0.27% of BTC adresses (top 100k adresses) own 95%++ of total BTC's

Therefore, it is a fact that NXT has a better relative distribution than BTC. Relative distribution is 4x better regarding NXT for the wallets owning 95% of the coins


Remember about it next time you see one of those nxt distributrolls


Number manipulation. It's still an awful crap distribution. There's nothing to be proud about considering several top adresses could be the same guys :)
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juicyjuice87

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Re: Price speculation
« Reply #10617 on: September 01, 2014, 05:20:58 am »

As most of us know, most of the people outside NXT complain about the NXT distribution as a no go - therefore putting a downward pressure on price by removing potential buyers.

Just crunched the data, and here is a pretty interesting fact:
- 0.14% of NXT adresses (top 70 adresses) own 68.5% of total NXT's
- 0.03% of BTC adresses (top 15k adresses) own 68++% of total BTC's

Also:
- 1% of NXT adresses (top 500 adresses) own 92%++ of total NXT's
- 0.27% of BTC adresses (top 100k adresses) own 95%++ of total BTC's

Therefore, it is a fact that NXT has a better relative distribution than BTC. Relative distribution is 4x better regarding NXT for the wallets owning 95% of the coins


Remember about it next time you see one of those nxt distributrolls


Number manipulation. It's still an awful crap distribution. There's nothing to be proud about considering several top adresses could be the same guys :)

Yep
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anon136

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Re: Price speculation
« Reply #10618 on: September 01, 2014, 05:27:25 am »

As most of us know, most of the people outside NXT complain about the NXT distribution as a no go - therefore putting a downward pressure on price by removing potential buyers.

Just crunched the data, and here is a pretty interesting fact:
- 0.14% of NXT adresses (top 70 adresses) own 68.5% of total NXT's
- 0.03% of BTC adresses (top 15k adresses) own 68++% of total BTC's

Also:
- 1% of NXT adresses (top 500 adresses) own 92%++ of total NXT's
- 0.27% of BTC adresses (top 100k adresses) own 95%++ of total BTC's

Therefore, it is a fact that NXT has a better relative distribution than BTC. Relative distribution is 4x better regarding NXT for the wallets owning 95% of the coins


Remember about it next time you see one of those nxt distributrolls


Number manipulation. It's still an awful crap distribution. There's nothing to be proud about considering several top adresses could be the same guys :)

Yep

Its a proof of work system not proof of stake. So i dont really see how the distribution matters. I guess there is some risk of someone crashing the market. But someone who owns a gazillion bitcoins has very little incentive to do that.
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jl777

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Re: Price speculation
« Reply #10619 on: September 01, 2014, 05:50:05 am »

As most of us know, most of the people outside NXT complain about the NXT distribution as a no go - therefore putting a downward pressure on price by removing potential buyers.

Just crunched the data, and here is a pretty interesting fact:
- 0.14% of NXT adresses (top 70 adresses) own 68.5% of total NXT's
- 0.03% of BTC adresses (top 15k adresses) own 68++% of total BTC's

Also:
- 1% of NXT adresses (top 500 adresses) own 92%++ of total NXT's
- 0.27% of BTC adresses (top 100k adresses) own 95%++ of total BTC's

Therefore, it is a fact that NXT has a better relative distribution than BTC. Relative distribution is 4x better regarding NXT for the wallets owning 95% of the coins


Remember about it next time you see one of those nxt distributrolls


Number manipulation. It's still an awful crap distribution. There's nothing to be proud about considering several top adresses could be the same guys :)

Yep

Its a proof of work system not proof of stake. So i dont really see how the distribution matters. I guess there is some risk of someone crashing the market. But someone who owns a gazillion bitcoins has very little incentive to do that.
couldnt the same logic apply to PoS?

"But someone who owns a gazillion NXT has very little incentive to do that"

also didnt it used to be really cheap to mine BTC? what was the mining cost per BTC in 2009?
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