Quote from: 2Kool4Skewl on February 20, 2014, 06:38:01 AM

Quote from: rickyjames on February 20, 2014, 04:07:39 AM

I want to make one more point here as an official NXT treasurer. Those NXT fund spreadsheets in my sig currently document THREE QUARTERS OF A MILLION DOLLARS of assets. This is with the NXT price apparently still being held down by a whale doing a slow selloff of his funds, with NXT still on the launchpad instead of blasting off for da moon. In a matter of weeks or a few months we could literally be in control of MILLIONS OF DOLLARS WORTH OF NXT. This is a HUGE HUGE HUGE responsibility. Disbursing these assets is not like peeling off a five out of your wallet at McDonalds. There has got to be a CHAIN OF COMMAND. The treasurer has got to receive clear, unambiguous, and documented authorization to disburse from a SPECIFIC DESIGNATED SPENDING AUTHORITY that everybody acknowledges.

It's not as big a deal as making sure you've got Presidential authorization to turn that key in a nuke sub....but I'm treating it that way. Would you rather have a treasurer who didn't?

I'm glad rickyjames is being conservative in distributing the funds. The allocation of the community Nxt fund should be done with great care and thought. Don't blow through all of it quickly. The longer the funds are held the more valuable they will become and the more projects you can fund.

It's my belief that dollar parity is going to be here sooner than we all think. Remember no more Nxt is being created. We this happens the community will have $9 million at its disposal to fund projects.

Regardless of the USD value of the community Nxt fund remember, "You can only spend a dollar once."

Complete agreement, we don't need to rush this. I know a day can be a long time in crypto, but we are building something for the future here. Work smart, not just fast.

Quote from: bitcoinpaul on February 20, 2014, 07:08:21 AM

Quote from: 2Kool4Skewl on February 20, 2014, 06:59:08 AM

DO NOT PAY ANY MONEY TO HAVE NXT LISTED ON AN EXCHANGE!

THIS IS A MOVEMENT ABOUT FREEDOM FROM UNETHICAL PRACTICES!

NXT CAN STAND ON ITS OWN!

Sometimes, we have to push things a little bit. But this "pay to be on exchange" smells a little fishy, yes.

Bribing exchanges to list NXT is a very short sighted (not to mention unethical) strategy.
We can better spend our hard-won NXT on getting a package together to help exchanges with NXT integration. I have a feeling opticalcarrier was going to look into it...... it should be a priority, anyhow.
If we make listing NXT as simple as listing any one of the zillion scrypt coins, then exchanges will come 2 us.

And yeah, bloody Frictionless again......please be as unfriendly to him as possible:
https://bitcointalk.org/index.php?topic=422052.msg5237653#msg5237653
His idiot nex scam is only going to bring NXT harm.
It is his stated aim to destroy NXT, and while I am pretty sure he won't manage that, he could confuse people who may make the mistake of associating his scam attempt with us......

Lastly: I'm still claiming me and TwinWinNerd as winners of the first physical item purchase via NXT award, unless I see some evidence to the contrary.
@punkrock: did u sell your BF4 keys for NXT?