Quote from: pandaisftw on February 07, 2014, 01:08:05 PM

I don't understand how people still get excited over a new alt-coin that does not offer anything new. Apparently most people think "new" means simply switching the block time and hashing algo, and all of a sudden you have "innovation". Out of hundreds of cryptocurrencies, there are only a handful that actually offer anything new, and maxcoin is not one of them.

Although, I suppose if I had a huge collection of GPUs, I'd be excited to make $k's of cash every time a new coin came out so I could mine and dump immediately... a sobering reminder that most miners don't care if they are securing the network, only that they are lining their pockets.

Which does bring me to my point - we need to market to a slightly different demographic. Marketing to those already invest in PoW coins is an inefficient use of resources, because if they can't mine it, they are not interested. Of course there are always exceptions, but if the accusations of "nxt is pre-mined!" are any indicator, most of the complaints are in-fact from miners. I'm not saying we shouldn't try to convert those invested in bitcoin and clones (we should, and we already are with LTB), but they should not be our main focus.

We need to be attracting people who are actually interested in innovation and smart investments. This means our focus is not on the majority of the cryptocurrency crowd, but on tech and business oriented people (Forbes, IEEE, universities, etc). We just have to present NXT in a manner that is easy to understand and why it completely blows all other coins out of the water. Right now is not quite the right time, but when nexern releases his client (along with the AE), we should have a very simple to install client as well as be able to show off the power of decentralized exchanges. We should not market to raise the price of NXT, but market to recruit talent and smart investors that will contribute (and not just ride the wave) to the NXT ecosystem. The price will rise as a side effect of the cumulative contribution. NXT is the only cryptocurrency platform that allows an exponentially growing ecosystem due to BCNext's decentralized vision - the rest of the coins are limited to what their developers can put out - NXT is unlimited.

+1 as I said in another thread about NXT in the alt section...

Quote from: FandangledGizmo on February 06, 2014, 03:50:32 AM

I doubt you'll find much love for NXT here.

The real scammers are the people mining coins. Bitcoin creates a $Billion a year in new coins that go to
Miners with the most expensive rigs instead of back to the users.

Miners sucking all that money out of the economy and all you get is centralised mining pools controlled by the city of London at the end of it.

Nxt pays fees back to the users, and the fees are small, you'll probably only earn like a tiny % a year on your NXT so the people with lots of NXT would make boatloads more in a bank account than fees they earn from NXT. They only benefit if NXT is useful and popular.

As for IPO? How well was Bitcoin distributed in the beginning? For the first two years Satoshi controlled obscene % of Bitcoin.

+-70 founders is more than most new companies I can think off.

And at least now there's NO inflation, unlike the 10% in Bitcoin that goes to multi-millionaire miners, worse than most fiat currencies.

Plus NXT does everything better and faster than Bitcoin.