elective-stereophonic
elective-stereophonic
Nxtty Altcoin Composite Index (NxttyACCI)
Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Stable Nxt Client: Nxt 1.12.1 Upgrade before block 2870000 is mandatory!

Pages: 1 ... 4 5 [6] 7 8 9  All

Author Topic: Nxtty Altcoin Composite Index (NxttyACCI)  (Read 37817 times)

landomata

  • Hero Member
  • *****
  • Karma: +121/-26
  • Offline Offline
  • Posts: 1535
    • View Profile
    • Newbium
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #100 on: February 19, 2016, 05:34:43 pm »

Haven't had a chance to look yet (catching up)...but what was the conversion rate from Nxttycoin to NxttyACCI?  Something like 80% of your total Nxttycoin holdings?

Yes...something like that.

gck

  • Full Member
  • ***
  • Karma: +9/-0
  • Offline Offline
  • Posts: 144
    • View Profile
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #101 on: February 19, 2016, 07:29:18 pm »

Got my NxttyACCI.  Thanks!
Logged

youandmeletsgo

  • Guest
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #102 on: February 21, 2016, 11:44:05 am »

NxttyACCI (ACCI) Distribution Plan



Below is an outline of the NxttyACCI distribution plan:


1) NxttyACCI will be distributed 100% to the Nxttycoin community.

2) Distribution will be according to Nxttycoin holdings. The percentage of your Nxttycoin holdings will determine the percentage of NxttyACCI which you will receive.

3) Trading will be fully enabled once distribution has been completed.

4) There are 800,756,647 NxttyACCI coins in existence.

5) A detailed breakdown of the NxttyACCI price discovery model will be published once distribution is complete.

6) The exact start date & duration period of the NxttyACCI distribution will be provided shortly.


NxttyACCI is an hybrid index coin which is fully tradeĀ­able using the Nxt Monetary System.  The index tracks the 20 largest traded cryptocurrrencies appearing on the coinmarketcap website.  The index focus is on market capitalization and is akin to the S&P 500 or NASDAQ Composite Index.  To maintain price fidelity NxttyACCI will only be traded within the Nxt Monetary System.


okay! got my ACCI too! im a little late on checking back since i just got done with my busy week.

Now...looks like all the above are done...except point 3) Trading will be fully enabled once distribution has been completed.

so when will this be exactly?
Logged

durerus

  • Hero Member
  • *****
  • Karma: +106/-8
  • Offline Offline
  • Posts: 527
  • user-owner
    • View Profile
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #103 on: February 21, 2016, 05:52:12 pm »

Already ordered my Lambo. When will the market for ACCI become more liquid?
Logged

landomata

  • Hero Member
  • *****
  • Karma: +121/-26
  • Offline Offline
  • Posts: 1535
    • View Profile
    • Newbium
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #104 on: February 21, 2016, 07:52:02 pm »


okay! got my ACCI too! im a little late on checking back since i just got done with my busy week.

Now...looks like all the above are done...except point 3) Trading will be fully enabled once distribution has been completed.

so when will this be exactly?

There is a small MS bug which is causing the delay we are already working with the core dev's to resolve it.

durerus

  • Hero Member
  • *****
  • Karma: +106/-8
  • Offline Offline
  • Posts: 527
  • user-owner
    • View Profile
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #105 on: February 22, 2016, 12:13:04 am »

Great! Looking forward to cash in my 100 million NXT.
Logged

viennavtc

  • Full Member
  • ***
  • Karma: +2/-9
  • Offline Offline
  • Posts: 100
    • View Profile
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #106 on: February 22, 2016, 02:37:36 pm »

ha a lambo... that's small potatoes... i just signed the dotted line for a couple of beach houses on the US east coast... can't wait for ACCI to start trading.. as long as lando doesn't run out of money in your step 2 of the 3 step plan we should be set!  i might still be able to afford a lambo even with the two houses so i need to get moving... maybe you can PM me with the latest models!
Logged

Nexxie

  • Full Member
  • ***
  • Karma: +6/-2
  • Offline Offline
  • Posts: 124
    • View Profile
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #107 on: February 22, 2016, 03:30:58 pm »

You guys should really consider making this index a succes, which will benefit you a whole lot more in the longer run.
Rather then trying to cash out quickly and crashing this ingenious piece of technology.
Cashing out will put a lot of pressure on the price and will chase away new investors.
You have to make sure the market is liquid enough to trade the index.
Logged

durerus

  • Hero Member
  • *****
  • Karma: +106/-8
  • Offline Offline
  • Posts: 527
  • user-owner
    • View Profile
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #108 on: February 22, 2016, 03:56:25 pm »

You guys should really consider making this index a succes, which will benefit you a whole lot more in the longer run.
Rather then trying to cash out quickly and crashing this ingenious piece of technology.
Cashing out will put a lot of pressure on the price and will chase away new investors.
You have to make sure the market is liquid enough to trade the index.

Alright, what should I do? As long as I can cash out my 100 million NXT in the end, I am fine.
Logged

landomata

  • Hero Member
  • *****
  • Karma: +121/-26
  • Offline Offline
  • Posts: 1535
    • View Profile
    • Newbium
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #109 on: February 22, 2016, 07:28:32 pm »

Nxttycoin -> NxttyACCI Swap Pilot Project


Timeframe: 3 months
Swap ratio: 1:1
Swap quantity limit: 50,000,000 Nxttycoin
Swap method: manual


The swap pilot project allows anyone who purchases Nxttycoin on an exchange after February 22, 2016 to swap them for NxttyACCI on a 1:1 basis.

The swap process is very simple...you send the amount you wish to swap to the NxttyACCI issuing account - NXT-NP45-W9T8-E78H-3B8L7 .  Within 6 hours the quantity of NxttyACCI matching the amount of Nxttycoins you have sent will be transferred to your account.

So...you send 1,000,000 Nxttycoin...you will receive 1,000,000 NxttyACCI.

The program will run for 3 months after which we will assess whether to continue the program for another 3 months.  Once the 50,000,000 Nxttycoin swap limit is reached swapping will be halted.

youandmeletsgo

  • Guest
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #110 on: February 23, 2016, 01:01:28 am »

Nxttycoin -> NxttyACCI Swap Pilot Project


Timeframe: 3 months
Swap ratio: 1:1
Swap quantity limit: 50,000,000 Nxttycoin
Swap method: manual


The swap pilot project allows anyone who purchases Nxttycoin on an exchange after February 22, 2016 to swap them for NxttyACCI on a 1:1 basis.

The swap process is very simple...you send the amount you wish to swap to the NxttyACCI issuing account - NXT-NP45-W9T8-E78H-3B8L7 .  Within 6 hours the quantity of NxttyACCI matching the amount of Nxttycoins you have sent will be transferred to your account.

So...you send 1,000,000 Nxttycoin...you will receive 1,000,000 NxttyACCI.

The program will run for 3 months after which we will assess whether to continue the program for another 3 months.  Once the 50,000,000 Nxttycoin swap limit is reached swapping will be halted.

just to be clear - this isn't point 3) Trading will be fully enabled once distribution has been completed. Right?
Logged

landomata

  • Hero Member
  • *****
  • Karma: +121/-26
  • Offline Offline
  • Posts: 1535
    • View Profile
    • Newbium
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #111 on: February 23, 2016, 06:28:16 pm »


just to be clear - this isn't point 3) Trading will be fully enabled once distribution has been completed. Right?

No...they are completely different....two separate things.

landomata

  • Hero Member
  • *****
  • Karma: +121/-26
  • Offline Offline
  • Posts: 1535
    • View Profile
    • Newbium
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #112 on: February 25, 2016, 08:07:51 pm »

Update:


1) We are planning some NxttyACCI currency polls which will outline parameters and rules for imposing Account Control on the ACCI issuing account.

2) The MS bug mentioned in my previous post has been resolved....we look forward to smooth trading within a day or two.

 

gck

  • Full Member
  • ***
  • Karma: +9/-0
  • Offline Offline
  • Posts: 144
    • View Profile
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #113 on: February 26, 2016, 01:39:42 pm »

So...if my math is right, one NxttyACCI is currently worth $1.35 on CMC.  Multiply that by the amount created (800,756,647) and you have a market cap of $1,081,021,473 and some change.

That puts us (once CMC updates the available supply and cap) squarely in the #2 spot of ALL crypto...just behind Bitcoin...and a market cap nearly twice that of Ethereum...with the potential on going higher (and of course...lower) depending on the ALT market performance.

That should grab people's attention.  Question is...will they bite?
Logged

viennavtc

  • Full Member
  • ***
  • Karma: +2/-9
  • Offline Offline
  • Posts: 100
    • View Profile
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #114 on: February 26, 2016, 03:23:25 pm »

if you think these index coins made out of thin air are actually worth $1.35 each, i have some landomatacoins i would like to sell you.  Give me an a hour or so to create the currency and then buy 100 for $100 on the asset exchange. 
Logged

landomata

  • Hero Member
  • *****
  • Karma: +121/-26
  • Offline Offline
  • Posts: 1535
    • View Profile
    • Newbium
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #115 on: February 26, 2016, 04:27:35 pm »

if you think these index coins made out of thin air are actually worth $1.35 each, i have some landomatacoins i would like to sell you.  Give me an a hour or so to create the currency and then buy 100 for $100 on the asset exchange.

If you feel they are worthless can you please send back your NxttyACCI holding to the issuing account.



chanc3r

  • Hero Member
  • *****
  • Karma: +124/-50
  • Offline Offline
  • Posts: 1019
  • NXTInspect
    • View Profile
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #116 on: February 26, 2016, 07:24:05 pm »

if you think these index coins made out of thin air are actually worth $1.35 each, i have some landomatacoins i would like to sell you.  Give me an a hour or so to create the currency and then buy 100 for $100 on the asset exchange.

If you feel they are worthless can you please send back your NxttyACCI holding to the issuing account.

No need to bother Landomata send them to me  ;D ;D ;D
Logged
NXT: 29996814460165 (NXT-JTA7-B2QR-8BFC-2V222)
@imrimr @NXTinspect

youandmeletsgo

  • Guest
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #117 on: February 28, 2016, 02:35:10 am »

Update:


1) We are planning some NxttyACCI currency polls which will outline parameters and rules for imposing Account Control on the ACCI issuing account.

2) The MS bug mentioned in my previous post has been resolved....we look forward to smooth trading within a day or two.

more than 2 days already...

your post: February 25, 2016, 08:07:51 pm
my post: February 28, 2016, 02:35:10 am

Logged

youandmeletsgo

  • Guest
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #118 on: February 28, 2016, 02:35:47 am »

...zzz....modify function make me double post. my bad
Logged

landomata

  • Hero Member
  • *****
  • Karma: +121/-26
  • Offline Offline
  • Posts: 1535
    • View Profile
    • Newbium
Re: Nxtty Altcoin Composite Index (NxttyACCI)
« Reply #119 on: February 28, 2016, 06:59:06 pm »

Update:


1) We are planning some NxttyACCI currency polls which will outline parameters and rules for imposing Account Control on the ACCI issuing account.

2) The MS bug mentioned in my previous post has been resolved....we look forward to smooth trading within a day or two.

more than 2 days already...

your post: February 25, 2016, 08:07:51 pm
my post: February 28, 2016, 02:35:10 am

The ACCI market is now fully enabled and working.
Pages: 1 ... 4 5 [6] 7 8 9  All
 

elective-stereophonic
elective-stereophonic
assembly
assembly