So I thought the idea of NXT coin was pretty cool. I downloaded the Windows package and the fun began.
- Rather than being compressed with a normal program such as RAR or ZIP I had to go and find a program to unpack 7z as my WinZip wouldn't do it. Why the developers chose 7z is beyond me.
- The batch file method of starting NXT did not work, still does not work. I have to manually click the start.jar file for it to run. The port mentioned in the documentation does not even work, I had to use 127.0.0.1:7874
- I purchased some coins and waited... and waited.
- Having 750 coins now I am told I must wait 1049 days (down to 253d now) for the next block. Yeah that will happen.
My frustration at the packaging of the software was already there, yet I held out hope that I might enjoy this coin. Now having seen the ridiculous wait times I am selling my coins and abandoning this one.
In the GPU/CPU world, profits go to those who spent the most in their hardware. For a coin that is supposed to be Green and energy friendly, the concept of NXT was also disturbing to me because the rich get richer and the poor get nothing.
You have to outbuy the other guy to see profit. It becomes a competition. I'm also troubled by the fact that coins (which we all know can be premined/generated for free) are being sold from the top level down. I don't necessarily believe there were hundreds of BTC invested into these, I think the value was exaggerated. Why does someone have to invest into coins when you can just make coins available for nothing?
No, I won't be buying any more of these trying to beat the guy above me just for the sake of .18% profit. I gave it a shot but this one is not for me.