Nxt Forum

Nxt Discussion => Nxt General Discussion => Topic started by: Johnson on October 01, 2014, 08:33:49 pm

Title: Where are the fucking btc whales?
Post by: Johnson on October 01, 2014, 08:33:49 pm
They have clearly not come yet. No decent buy walls whatsoever. Some of these guys have more than 100,000 btc, many have at least 10,000 btc, we are talking hundreds of people. Barely any have plowed even 1000 btc into NXT. When I study these guys (https://bitcointalk.org/index.php?topic=321265.0) some of them talk about dogecoin, some about litecoin or maxcoin, but none of these guys talk about NXT.

I don't fucking get it. They have the most to lose by not keeping an eye on the market. Unlike goldbugs they have proven to be wise investors. It really annoys me. The good news is that I see more and more high profile bitcointalk forum members talk about NXT, and defend it, but fuck is this going slow!!! Buying more, fuck 'em! >:( </done with bitching>
Title: Re: Where are the fucking btc whales?
Post by: youyou on October 01, 2014, 08:36:55 pm
- almost no marketing in NXT until say this summer.
- NXT is not a pump&dump coin.
Title: Re: Where are the fucking btc whales?
Post by: devphp on October 01, 2014, 09:02:30 pm
They just hope NXT will go away just as it came :)
Title: Re: Where are the fucking btc whales?
Post by: Johnson on October 01, 2014, 09:29:09 pm
They just hope NXT will go away just as it came :)

 ;D lol
Title: Re: Where are the fucking btc whales?
Post by: Fatih87SK on October 01, 2014, 09:29:47 pm
We need to be more active at conferences.

We have to tell everyone more about NXT.
Title: Re: Where are the fucking btc whales?
Post by: Johnson on October 01, 2014, 09:33:19 pm
- almost no marketing in NXT until say this summer.
- NXT is not a pump&dump coin.

You're right, marketing started to become more prominent this summer, being on let's talk bitcoin, mentioned by Patrick Byrne on Bitcoin congress, must have reached some of those whales.

But why - do - they - not - buy.

My impression the 1 million NXT per day that is traded on average on bter is mainly nxt whales selling to small fish.

A btc whale must put up 1 million buy orders, and immediately doubles demand. Rarely happening...
Title: Re: Where are the fucking btc whales?
Post by: chanc3r on October 01, 2014, 09:35:48 pm
Right now a number of BTC whales will be wondering WTF happened to BTC?
Maybe this pre-occupies them?
Title: Re: Where are the fucking btc whales?
Post by: coinomat on October 01, 2014, 09:56:45 pm
NXT is undervalued at least ten times, but probably it all goes back to unfortunate initial distribution.
Title: Re: Where are the fucking btc whales?
Post by: msin on October 01, 2014, 10:03:16 pm
If I held 100k BTC, I would be looking at investing in technologies/projects that improve BTC, not looking at Alt coins.
Title: Re: Where are the fucking btc whales?
Post by: cc001 on October 01, 2014, 10:51:42 pm
If I held 100k BTC, I would be looking at investing in technologies/projects that improve BTC, not looking at Alt coins. buy 1333333333 ALL Nxt !

fify :D
Title: Re: Where are the fucking btc whales?
Post by: durerus on October 01, 2014, 10:53:08 pm
Bitcoin changed their life by making them rich. Many feel some kind of loyalty to their investment. I like the superNET approach: unity against fiat, blockchain vs. banks. Realizing that big problems are inherent in Bitcoin will be easier to gulp than.

What gives me patience is a look at the asset section of CMC. NXT proves that it's working. Coloured Coins are a big thing and NXT is by far the number one! This cannot be ignored forever. Maybe we're already set to win? End of November we'll have TF. And James is trying to triple superNET til end of year. Maybe it will happen sooner than we think!

Or maybe we just need one more wave of new and therefore unbiased bitcoin users. They will have questions and learn fast. Everybody can understand that the stake is at stake. It's not difficult. Those who don't want to understand will have to buy expensive NXT in the end ;D

Title: Re: Where are the fucking btc whales?
Post by: msin on October 02, 2014, 01:09:39 am
Bitcoin changed their life by making them rich. Many feel some kind of loyalty to their investment. I like the superNET approach: unity against fiat, blockchain vs. banks. Realizing that big problems are inherent in Bitcoin will be easier to gulp than.

What gives me patience is a look at the asset section of CMC. NXT proves that it's working. Coloured Coins are a big thing and NXT is by far the number one! This cannot be ignored forever. Maybe we're already set to win? End of November we'll have TF. And James is trying to triple superNET til end of year. Maybe it will happen sooner than we think!

Or maybe we just need one more wave of new and therefore unbiased bitcoin users. They will have questions and learn fast. Everybody can understand that the stake is at stake. It's not difficult. Those who don't want to understand will have to buy expensive NXT in the end ;D

+1, I think Nxt is so undervalued it's ridiculous, but it's very encouraging to see projects like Jinn, Sia, SuperNet, etc.. on AE, we need to promote more 3rd party Assets on NxtAE, it's by far our strongest feature right now.  Again, we shouldn't focus on marketcap but rather usability, which is quite good with given features right now.
Title: Re: Where are the fucking btc whales?
Post by: Dunster on October 02, 2014, 01:27:58 am
Nxt will move up very quickly once the Bitcoin ETF is trading. The whales and VCs are waiting to cash out on that first.
Title: Re: Where are the fucking btc whales?
Post by: lucky331 on October 02, 2014, 03:57:01 am
They have clearly not come yet. No decent buy walls whatsoever. Some of these guys have more than 100,000 btc, many have at least 10,000 btc, we are talking hundreds of people. Barely any have plowed even 1000 btc into NXT. When I study these guys (https://bitcointalk.org/index.php?topic=321265.0) some of them talk about dogecoin, some about litecoin or maxcoin, but none of these guys talk about NXT.

I don't fucking get it. They have the most to lose by not keeping an eye on the market. Unlike goldbugs they have proven to be wise investors. It really annoys me. The good news is that I see more and more high profile bitcointalk forum members talk about NXT, and defend it, but fuck is this going slow!!! Buying more, fuck them! >:( </done with bitching>

i have come to a realization that the potential to gain serious profit in the Nxt platform isn't necessarily by buying the Nxt tokens.

it's in the assets traded in the platform:  http://coinmarketcap.com/assets/
Title: Re: Where are the fucking btc whales?
Post by: jl777 on October 02, 2014, 04:05:20 am
They have clearly not come yet. No decent buy walls whatsoever. Some of these guys have more than 100,000 btc, many have at least 10,000 btc, we are talking hundreds of people. Barely any have plowed even 1000 btc into NXT. When I study these guys (https://bitcointalk.org/index.php?topic=321265.0) some of them talk about dogecoin, some about litecoin or maxcoin, but none of these guys talk about NXT.

I don't fucking get it. They have the most to lose by not keeping an eye on the market. Unlike goldbugs they have proven to be wise investors. It really annoys me. The good news is that I see more and more high profile bitcointalk forum members talk about NXT, and defend it, but fuck is this going slow!!! Buying more, fuck them! >:( </done with bitching>

i have come to a realization that the potential to gain serious profit in the Nxt platform isn't necessarily by buying the Nxt tokens.

it's in the assets traded in the platform:  http://coinmarketcap.com/assets/
Handy link for you: http://nxtreporting.com/assetcap.php?cap=no-issuer&f=jl777-Assets
Title: Re: Where are the fucking btc whales?
Post by: mczarnek on October 02, 2014, 04:30:23 am
Their loss in the long run.  We need to keep plowing forward, keep building businesses around Nxt and improving the core code and they will come.  Look at BTC's lead up.. it spent years being worth less than $0.01.  Clearly given it's potential it should have been worth a little bit more than that and those that saw the long term potential probably felt it was very undervalued too... I think that's a good thing, means you can buy more cheaply :)  Though granted it's a shame I'm mostly living off of previously invested Nxt at the moment :(

And look at the asset exchange, we are by far the most used asset exchange most of the time.  We do need to keep pushing though to add shorting as it's something BitShares has going for it.. and a couple other features such as wallet.dat.. please send HumanFractal a message urging him to submit his proposal and work on that :)  And I'm still working on Instant Transactions, which will be very important for the asset exchange.. if I can truly get sub-second transaction confirmations, even if they are not 100% guaranteed if 30% of the network decides to try to hack it, that will be huge in my opinion and that of other traders who need to be able to quickly trade some assets for day trading where a second vs two seconds can make a difference.

Regarding initial distribution.. most people really don't care.  I've been going to Bitcoin meetups.. I mention Nxt and everyone owns a little bit of Nxt.  I think that it's actually just fairly natural for our price to be about where it is at this point.  I think BTSX is just still in a bubble, look at Darkcoin's graph, than at BTSX's graph.. I think they are still in the phase where they don't realize just how much time it takes to build businesses around a crypto and get usage, etc.  For that matter, you know their distribution is in some ways worse than Nxt's?  Someone owns 9% of all BTSX.  Point being other than BTSX, most of the cryptos near the top in terms of marketcap are arranged based upon time they've been around and uniqueness.. and BTSX will get there below us soon enough.

There just hasn't been a lot of excitement around Nxt recently.. which isn't necessarily a bad thing.  There are some big things in the works though that'll provide some price boosts if you can just hold on a little bit longer.  Maybe try to find your own project or two around Nxt to work on or support.  Would be good if more miners realized they could mine for Nxt via hashrate.org for example!  And will boost price and it involves mining other coins, dumping them, then used that BTC to buy Nxt.. though maybe that's not the best way to introduce the idea to miners.  Or write an article explaining your vision for the future of Nxt and why you think it'll be big and publish it somewhere.

Also, make sure the developers and people working on Nxt feel appreciated.. they are more likely to work a little bit harder if they realize just how appreciated they are.  And on that note, thanks to a couple people such as allbits and buybitcoinscanada and a couple others such as msin for donations and making me feel appreciated.. I was starting to lose interest in working on IT as it didn't feel like I was making as much as I'd otherwise make and just for some reason didn't feel appreciated.  They've help get me back on track though and I've been making more progress lately :)
Title: Re: Where are the fucking btc whales?
Post by: allbits on October 02, 2014, 04:44:51 am
You're welcome  :)

Thanks for your continued work on this project.
Title: Re: Where are the fucking btc whales?
Post by: jones on October 02, 2014, 04:55:38 am
Their loss in the long run.  We need to keep plowing forward, keep building businesses around Nxt and improving the core code and they will come.  Look at BTC's lead up.. it spent years being worth less than $0.01.  Clearly given it's potential it should have been worth a little bit more than that and those that saw the long term potential probably felt it was very undervalued too... I think that's a good thing, means you can buy more cheaply :)  Though granted it's a shame I'm mostly living off of previously invested Nxt at the moment :(

And look at the asset exchange, we are by far the most used asset exchange most of the time.  We do need to keep pushing though to add shorting as it's something BitShares has going for it.. and a couple other features such as wallet.dat.. please send HumanFractal a message urging him to submit his proposal and work on that :)  And I'm still working on Instant Transactions, which will be very important for the asset exchange.. if I can truly get sub-second transaction confirmations, even if they are not 100% guaranteed if 30% of the network decides to try to hack it, that will be huge in my opinion and that of other traders who need to be able to quickly trade some assets for day trading where a second vs two seconds can make a difference.

Regarding initial distribution.. most people really don't care.  I've been going to Bitcoin meetups.. I mention Nxt and everyone owns a little bit of Nxt.  I think that it's actually just fairly natural for our price to be about where it is at this point.  I think BTSX is just still in a bubble, look at Darkcoin's graph, than at BTSX's graph.. I think they are still in the phase where they don't realize just how much time it takes to build businesses around a crypto and get usage, etc.  For that matter, you know their distribution is in some ways worse than Nxt's?  Someone owns 9% of all BTSX.  Point being other than BTSX, most of the cryptos near the top in terms of marketcap are arranged based upon time they've been around and uniqueness.. and BTSX will get there below us soon enough.

There just hasn't been a lot of excitement around Nxt recently.. which isn't necessarily a bad thing.  There are some big things in the works though that'll provide some price boosts if you can just hold on a little bit longer.  Maybe try to find your own project or two around Nxt to work on or support.  Would be good if more miners realized they could mine for Nxt via hashrate.org for example!  And will boost price and it involves mining other coins, dumping them, then used that BTC to buy Nxt.. though maybe that's not the best way to introduce the idea to miners.  Or write an article explaining your vision for the future of Nxt and why you think it'll be big and publish it somewhere.

Also, make sure the developers and people around Nxt feel appreciated.. they are more likely to work a little bit harder if they realize just how appreciated they are.  And on that note, thanks to a couple people such as allbits and buybitcoinscanada for donations and making me feel appreciated.. I was starting to lose interest in working on IT as it didn't feel like I was making as much as I'd otherwise make and just for some reason didn't feel appreciated.  They've help get me back on track though and I've been making more progress lately :)

very inspirational, thank you for working on instant transactions, I really look forward to having that implemented.
I have some code to write  :D
Title: Re: Where are the fucking btc whales?
Post by: 2Kool4Skewl on October 02, 2014, 06:28:36 am
I think BTSX is just still in a bubble ... For that matter, you know their distribution is in some ways worse than Nxt's?  Someone owns 9% of all BTSX.

Gee... I wonder who that is.  lol   ::)

If Dan owns that much, how much do you think Stan owns?  What's the second biggest BTSX account?  Seeing that they're father and son, that seems pretty concentrated.

Scammers gonna scam.
Title: Re: Where are the fucking btc whales?
Post by: nextcafe on October 02, 2014, 06:32:17 am
Their loss in the long run.  We need to keep plowing forward, keep building businesses around Nxt and improving the core code and they will come.  Look at BTC's lead up.. it spent years being worth less than $0.01.  Clearly given it's potential it should have been worth a little bit more than that and those that saw the long term potential probably felt it was very undervalued too... I think that's a good thing, means you can buy more cheaply :)  Though granted it's a shame I'm mostly living off of previously invested Nxt at the moment :(

And look at the asset exchange, we are by far the most used asset exchange most of the time.  We do need to keep pushing though to add shorting as it's something BitShares has going for it.. and a couple other features such as wallet.dat.. please send HumanFractal a message urging him to submit his proposal and work on that :)  And I'm still working on Instant Transactions, which will be very important for the asset exchange.. if I can truly get sub-second transaction confirmations, even if they are not 100% guaranteed if 30% of the network decides to try to hack it, that will be huge in my opinion and that of other traders who need to be able to quickly trade some assets for day trading where a second vs two seconds can make a difference.

Regarding initial distribution.. most people really don't care.  I've been going to Bitcoin meetups.. I mention Nxt and everyone owns a little bit of Nxt.  I think that it's actually just fairly natural for our price to be about where it is at this point.  I think BTSX is just still in a bubble, look at Darkcoin's graph, than at BTSX's graph.. I think they are still in the phase where they don't realize just how much time it takes to build businesses around a crypto and get usage, etc.  For that matter, you know their distribution is in some ways worse than Nxt's?  Someone owns 9% of all BTSX.  Point being other than BTSX, most of the cryptos near the top in terms of marketcap are arranged based upon time they've been around and uniqueness.. and BTSX will get there below us soon enough.

There just hasn't been a lot of excitement around Nxt recently.. which isn't necessarily a bad thing.  There are some big things in the works though that'll provide some price boosts if you can just hold on a little bit longer.  Maybe try to find your own project or two around Nxt to work on or support.  Would be good if more miners realized they could mine for Nxt via hashrate.org for example!  And will boost price and it involves mining other coins, dumping them, then used that BTC to buy Nxt.. though maybe that's not the best way to introduce the idea to miners.  Or write an article explaining your vision for the future of Nxt and why you think it'll be big and publish it somewhere.

Also, make sure the developers and people working on Nxt feel appreciated.. they are more likely to work a little bit harder if they realize just how appreciated they are.  And on that note, thanks to a couple people such as allbits and buybitcoinscanada and a couple others such as msin for donations and making me feel appreciated.. I was starting to lose interest in working on IT as it didn't feel like I was making as much as I'd otherwise make and just for some reason didn't feel appreciated.  They've help get me back on track though and I've been making more progress lately :)

+1 Epic post
Title: Re: Where are the fucking btc whales?
Post by: mczarnek on October 02, 2014, 07:01:48 am
I think BTSX is just still in a bubble ... For that matter, you know their distribution is in some ways worse than Nxt's?  Someone owns 9% of all BTSX.

Gee... I wonder who that is.  lol   ::)

If Dan owns that much, how much do you think Stan owns?  What's the second biggest BTSX account?  Seeing that they're father and son, that seems pretty concentrated.

Scammers gonna scam.

Actually I hear it's not Dan.. though I imagine he has to be up there. Who's Stan?
Title: Re: Where are the fucking btc whales?
Post by: 2Kool4Skewl on October 02, 2014, 07:39:45 am
I think BTSX is just still in a bubble ... For that matter, you know their distribution is in some ways worse than Nxt's?  Someone owns 9% of all BTSX.

Gee... I wonder who that is.  lol   ::)

If Dan owns that much, how much do you think Stan owns?  What's the second biggest BTSX account?  Seeing that they're father and son, that seems pretty concentrated.

Scammers gonna scam.

Actually I hear it's not Dan.. though I imagine he has to be up there. Who's Stan?

Stan is BIG Dan.  So who owns the biggest BTSX account?  I have an idea, but I'd be interested to know for sure.
Title: Re: Where are the fucking btc whales?
Post by: CryptoWatch on October 02, 2014, 07:57:05 am
I think BTSX is just still in a bubble ... For that matter, you know their distribution is in some ways worse than Nxt's?  Someone owns 9% of all BTSX.

Gee... I wonder who that is.  lol   ::)

If Dan owns that much, how much do you think Stan owns?  What's the second biggest BTSX account?  Seeing that they're father and son, that seems pretty concentrated.

Scammers gonna scam.

Actually I hear it's not Dan.. though I imagine he has to be up there. Who's Stan?

Stan is BIG Dan.  So who owns the biggest BTSX account?  I have an idea, but I'd be interested to know for sure.

Everyone knows that BITSHARES IS RUN BY THE CHINESE COMMUNISTS.
Title: Re: Where are the fucking btc whales?
Post by: qbd1313 on October 02, 2014, 08:27:48 am

Everyone knows that BITSHARES IS RUN BY THE CHINESE COMMUNISTS.
It is the true..
Title: Re: Where are the fucking btc whales?
Post by: CryptoWatch on October 02, 2014, 05:03:03 pm

Everyone knows that BITSHARES IS RUN BY THE CHINESE COMMUNISTS.
It is the true..

Yes.  Everyone knows it.  Just look at the members of their team (http://bitshares.org/community/team/).  Besides Stan and Dan, the main members of bitshares are communist infiltrators who are working for the politburo back in Beijing.  2Kool was right in his threads when he said Bitshares "extends the reach and power of the communist central bankers."

Do you really think the Chinese Communists aren't interested in cryptocurrencies?  HAHAHA

The main investor in Bitshares is Xiaolai Li (http://www.linkedin.com/in/lixiaolai).  He runs Bitfund.pe and owns the most bitcoins in China (http://www.forbeschina.com/news/news.php?id=33101).  It is widely known that he has ties to the Chinese Communist Party and made his money off his connections to the ruling elite.  In Communist China, business is government and government is business.

These people oppress the Chinese people and want to oppress the whole world.  Now they are trying to establish a presence in crypto to further their goal of world domination.  Most people in China hate the communist party but are too afraid to say anything.

When you support Bitshares, remember this

(http://i1.ytimg.com/vi/e-kt3m_xlqU/maxresdefault.jpg)
Title: Re: Where are the fucking btc whales?
Post by: bezbezbez on October 02, 2014, 05:39:43 pm
Recently I found this site http://www.zapchain.com
There are a lot of early bitcoiners, CEOs, btc whales and other opinion leaders.
We must start NXT promo, all btc whales are there.
Title: Re: Where are the fucking btc whales?
Post by: mczarnek on October 02, 2014, 06:33:34 pm
Recently I found this site http://www.zapchain.com
There are a lot of early bitcoiners, CEOs, btc whales and other opinion leaders.
We must start NXT promo, all btc whales are there.

Sounds like a good idea.. Would be good to ask them why they are not investing or what we can do to improve Nxt and make it more attractive of an investment.
Title: Re: Where are the fucking btc whales?
Post by: neofelis on October 03, 2014, 12:38:29 am
I always take with a grain of salt those dramatic posts by newbies with very few posts.  Could be anybody.
Title: Re: Where are the fucking btc whales?
Post by: nextcafe on October 03, 2014, 01:26:49 am
Bitshares seems dubious and the client is buggy, but I'm not against riding that bubble. Is there anyway we can get exposure to BTSX on the Nxt AE?
Title: Re: Where are the fucking btc whales?
Post by: Johnson on October 04, 2014, 10:28:22 am
Their loss in the long run.  We need to keep plowing forward, keep building businesses around Nxt and improving the core code and they will come.  Look at BTC's lead up.. it spent years being worth less than $0.01.  Clearly given it's potential it should have been worth a little bit more than that and those that saw the long term potential probably felt it was very undervalued too... I think that's a good thing, means you can buy more cheaply :)  Though granted it's a shame I'm mostly living off of previously invested Nxt at the moment :(

And look at the asset exchange, we are by far the most used asset exchange most of the time.  We do need to keep pushing though to add shorting as it's something BitShares has going for it.. and a couple other features such as wallet.dat.. please send HumanFractal a message urging him to submit his proposal and work on that :)  And I'm still working on Instant Transactions, which will be very important for the asset exchange.. if I can truly get sub-second transaction confirmations, even if they are not 100% guaranteed if 30% of the network decides to try to hack it, that will be huge in my opinion and that of other traders who need to be able to quickly trade some assets for day trading where a second vs two seconds can make a difference.

Regarding initial distribution.. most people really don't care.  I've been going to Bitcoin meetups.. I mention Nxt and everyone owns a little bit of Nxt.  I think that it's actually just fairly natural for our price to be about where it is at this point.  I think BTSX is just still in a bubble, look at Darkcoin's graph, than at BTSX's graph.. I think they are still in the phase where they don't realize just how much time it takes to build businesses around a crypto and get usage, etc.  For that matter, you know their distribution is in some ways worse than Nxt's?  Someone owns 9% of all BTSX.  Point being other than BTSX, most of the cryptos near the top in terms of marketcap are arranged based upon time they've been around and uniqueness.. and BTSX will get there below us soon enough.

There just hasn't been a lot of excitement around Nxt recently.. which isn't necessarily a bad thing.  There are some big things in the works though that'll provide some price boosts if you can just hold on a little bit longer.  Maybe try to find your own project or two around Nxt to work on or support.  Would be good if more miners realized they could mine for Nxt via hashrate.org for example!  And will boost price and it involves mining other coins, dumping them, then used that BTC to buy Nxt.. though maybe that's not the best way to introduce the idea to miners.  Or write an article explaining your vision for the future of Nxt and why you think it'll be big and publish it somewhere.

Also, make sure the developers and people working on Nxt feel appreciated.. they are more likely to work a little bit harder if they realize just how appreciated they are.  And on that note, thanks to a couple people such as allbits and buybitcoinscanada and a couple others such as msin for donations and making me feel appreciated.. I was starting to lose interest in working on IT as it didn't feel like I was making as much as I'd otherwise make and just for some reason didn't feel appreciated.  They've help get me back on track though and I've been making more progress lately :)

Amazing post mczarnek.

Thank you so much for your support, hard work, optimism and wisdom. 
Title: Re: Where are the fucking btc whales?
Post by: cobaltskky on October 05, 2014, 01:58:53 am
Bitshares seems dubious and the client is buggy, but I'm not against riding that bubble. Is there anyway we can get exposure to BTSX on the Nxt AE?

Yes - if they support multisig.  I don't think they're in the list of coins supported(but yet to be implemented) in the MGW code, so James would have to code for it.
Title: Re: Where are the fucking btc whales?
Post by: nxtapple on October 05, 2014, 01:44:50 pm
Probably shitting themselves while watching btc go down the toilet LOL
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