Post
Topic
Board Altcoin Discussion
Re: NXT, the ultimate SCAM, will it die because of 100% pre-mine given to 50 people?
by
superresistant
on 21/06/2015, 16:29:03 UTC
HAHAHAHAHA Wow dude. If your going to lie you should do a better job of it! You could literally never buy 70% of Nxt with 10 bitcoins even if it were to crash since bitcoin doesn't divide enough for you to do so. Say 1 Nxt = .00000001 btc or 1 satoshi (the smallest possible unit of bitcoin) then you could buy 100% of the Nxt network for 10 btc. If 1 Nxt = .00000002 or 2 satoshi then 10 btc would buy 50% of Nxt's network. But ok let's say you were just talking in generalities. Show me the exact exchange, date, time and include a picture cause I'm calling BS. Prove me wrong if your not lying.

You can never buy 100% neither 70% on an exchange : when the demand increase, the price increase. Basic trading.
He was obviously exaggerating but he is not far from reality.

I was trading in the first days. The problem is that the exchange is dead a year ago and we cannot access the database.
The only thing I could find was a screenshot of one of my buy order from a thread :
https://bitcointalk.org/index.php?topic=770252.msg8787782#msg8787782



That's 334397NXT for 1 BTC but that's not on the first days of trading, the price already skyrocketed 10 times. I remember the price being much lower. Probably about .0000003 (30 satoshis) or .0000005 (50 satoshis).

So you could buy a lot of Nxt for few BTC and multiply them with trading (buy lower sell high repeat). I personally make over 800K NXT with about 1 BTC. That was good old times.

What were you doing at this time ? Don't be angry that you missed an opportunity, there will be plenty of others but I can tell you that whining like a baby and acting like a victim will never give you any opportunity and lead you nowhere.

Yes, every time you come back to justify yourself in this thread, you are missing an opportunity. (but you make us laugh)