Post
Topic
Board Altcoin Discussion
Re: NXT dying?
by
Este Nuno
on 17/08/2015, 14:45:15 UTC
i like nxt...it seems technically impressive.

the uh....slightly dogey circumstances of release were an issue

....i feel you should hold some nxt.

i like peercoin, the best of alts....i think.

In what way do you consider the release to be slightly dodgy? If anything it's one of the fairest PoS releases in the post-PPCoin/Peercoin era. From what I understand it was 2 months, publicly announced, full disclosure, open to everyone ect. What else could you want?

The initial distribution was one of the worst possible, but at this point it is irrelevant. As it turns out having most coins in the hands of a few made the high price possible.

I am surprised to see it going nowhere looking from the outside, I think the main issue is that you have a closed group who backslap each other creating an echo chamber. This issue affects Bitshares too and I hope to avoid it.

Between the constant stream of NXT development releases adding major features and then all the SuperNET development which also directly affects NXT I think it's definitely going somewhere. If we're talking price specifically, then yes both Bitshares and NXT have been hit especially hard from the long term overall crypto bear market.

This specific thread though is only around because one person decided to sell a large amount of NXT. It's an overreaction and the reality is that NXT and related projects are running at full throttle based on all evidence that I've seen.