Post
Topic
Board Altcoin Discussion
Re: NXT coin - A total scam?
by
evanxxx
on 26/04/2014, 08:44:42 UTC
Well, I saw and heard many comments that claim bitcoin is a scam recently, not a few yeas ago. The distribution of Bitcoin is extremely unfair. So what? Just keep complaining, you will always have companions.

Nxt is more like a decentralized company than a currency. A lot of services will be provided by Nxt and Nxt will derive its value from being used as tools, just as google derives its value from providing the service of searching, Facebook derives its value from providing the service of social networking. So nxts is more like shares of a company than bitcoins. You can keep complaining the founders hold too many shares of the company or you can buy yourself some shares early, that's your choice.

Nxt is actually more innovative than Google and Facebook and the services it can provide is more revolutionary. I personally think it will be as big as the biggest companies in the world given some time (Yes, you can calculate how much 1 nxt will be worth in this way).

The distribution was fair. Satoshi made Bitcoin public on time. It's on a first come first serve basis.

The distribution of Nxt was fair, too. The IPO was open for a very long time, every one is free to join it.
I was just saying that basing on the complainers' point of view: why you can have so many coins while I have none, it's unfair.
I didn't have the luck to join the IPO because I was not there when the IPO was happening. But a lot of things happened when we were not there. We cannot simply call that unfair. There are also people who knew the IPO but just called it a scam.

In fact, new shitcoins with much more "unfair" initial distribution are created every day, we can see few people complaining about them because no one cares. people complaining about Nxt because Nxt really matters with the great potential.