Quote from: Thenoticer on June 26, 2016, 06:21:55 PM

Quote from: rumpey on June 26, 2016, 06:19:17 PM

Quote from: boomboom on June 22, 2016, 01:45:15 AM

Quote from: jubalix on June 21, 2016, 11:25:26 PM

can some one fill me in on how NXT is going, it seemed to be one of the best but the devs seem to be going to other projects, this is general impression i had ....

It also seemed to have so many features ....

did the initial distribution kill it?

NXT is undergoing a renaissance ... it was beautiful, still is, and gets better by the day!

NXT tech is superior to nearly everything else, but yes, the distribution didn't fund development, and while it was 100% fair, it did create a LOT of jealousy, and was a nightmare for community to overcome.

The great thing with NXT 2.0 is all the good things remain, BUT the previous mistakes have been corrected!

There is over a billion Nxt for sale on Poloniex, but I can't find how many Nxt are for sale on btc38. Btc38 is the biggest Nxt exchange, and I would guess there must be 3x or 4x more Nxt for sale on it. The Poloniex Nxt for sale added to the btc38 Nxt for sale might be 30% to 50% of all existing Nxt.

Furthermore, there were $2,507,740 total traded Nxt traded yesterday. Although the Nxt distribution wasn't wide enough, this new NXT 2.0 Ardor distribution will certainly be wide enough. The whales from the Nxt distribution must have sold all their coins long ago if 50% of all Nxt are for sale on exchanges, and a further few percent are being traded every day.

Interesting comment. So there are more nxt being sold then exist?

No, there are arguably up to 50% of Nxt for sale on Poloniex and btc38. Poloniex has 10% and btc39 must have more because it has 3 or 4 times the volume of Poloniex.

The $2,507,740 total traded today figure is from coinmarketcap. If you divide it by the price of one Nxt now ($ 0.017753) it works out to about 1.5% of all Nxt being traded per day, but it's probably more like 2% of all Nxt being traded per day because the price has gone up 50% in the last day.

Anyone can buy them, which makes the NXT 2.0 Ardor distribution fair and wide enough.