Post
Topic
Board Altcoin Discussion
Re: I'm dumping Nxt and here's why you should too
by
Damelon
on 18/01/2015, 00:13:47 UTC
Doesn't it seem a bit suspicious that the mass influx of people praising NXT has finally faded away? I don't know what to make of it but I think that it's quite obvious how we went from lots of people praising NXT to this. Did the developers stop paying the shills or something?  Roll Eyes

Nope. Most decided (like a lot of other communities) that BCT has a tendency to be vicious even when not warranted and left.

Good for all.

A lot still hang around and drop in on discussions that seem remotely civil and otherwise not. No use expending energy on people who have made up their minds already. Smiley

Bitcoin is capitulating as well, Nxt at an accelerated rate(dropping from 3rd in market cap to 8 or 9th:

http://coinmarketcap.com/currencies/nxt/

Keep in mind the price line is in relation to BTC.

Discounting newly pumped ICOs, not all coins are capitulating. Much to my chagrin Ripple is growing in value.

Price of Nxt since september (in BTC) has dropped about 33%. If calculated from December 2013, it's about the same.
The cap dropped together with BTC.
The drop from 3 to 8 or 9 also is due to the rise of both XRP and BTS and Stellar.

So instead of dropping, we've been overtaken, which is something different. Your explanation didn't allow for the new players in the top 10. Smiley

Otherwise, referring to the post above.