Post
Topic
Board Altcoin Discussion
Re: Why is NXT not the number 2 coin?
by
tokeweed
on 25/04/2015, 13:23:01 UTC
Why is NXT not the number 2 coin?



Why does it have to be a measure of penis's around here (or is it peni)?

So NXT's economy shouldn't be growing to more than a billion market cap, is that what you're saying?

CMC != economy

NXT's coins are limited.  If there is an influx of huge capital coming in NXT, naturally price will go up and the NXT economy will expand.

Marketcap is everything in this 'industry'.  If you're small you get ignored, if you're big everyone will notice you.  So hell yeah this is a dick measuring contest.

Do you think Rimbit's marketcap of $ 915,244 actually means anything? Wink
I consider marketcap only one of many indicators, easily manipulated (BanxShares with óne market) and there's things on CMC that are not even cryptocurrencies (Ripple or InstantDex).
Agreed, being in the top-10 does attract (superficial) attention. But serious people/businesses contemplating adopting a platform/currency for their use, will do a proper investigation before investing.

What are you saying?  NXT is a bubble?