Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Altcoin Discussion
Re: [NXT] Decentralized Asset Exchange Discussion Thread
by
Anon136
on 28/04/2014, 04:16:59 UTC
Quote from: nextgencoin on April 28, 2014, 04:13:08 AM
Quote from: Wilburbone on April 28, 2014, 03:46:24 AM
Quote from: jubalix on April 28, 2014, 01:03:17 AM
NXT has a lot of innovative stuff coming out....yet the price just drops like a stone....right or wrong the inital IPO is killing NXT

Lol! You people crack me up.  Have you guys noticed that there are a few more coins besides Nxt that are going down in price.... Peercoin, Ripple, Dogecoin, Mastercoin... Litecoin.... Bitcoin.  Seriously people.  The initial IPO doesn't MATTER and has nothing to do with the price drop!  It could have started with 3 stakeholders or 5000 stakeholders and the end results would be the same.  If people want Nxt to be mass adopted (that is used by millions if not hundreds of millions of people), than could someone please explain the difference between an IPO of 5 people vs 73 people vs 10,000 people?  It's purely psychological/emotional.  All I read about involving Nxt (and others) on these forums is "fair distribution" this, "unfair distribution" that.... You people are killing me.  'Unfair' is just a made up word that people can apply to any situation that they feel at a disadvantage.  Uhh... Not to mention, I believe Nxt has already achieved a better distribution than bitcoin.

And jubalix, although I disagree with you on why the price is going down, I'm not saying you believe all this (don't know if you do or not).  I just can't stand all the people that complain about the initial distribution without looking at the facts or thinking anything through.


They are right, not to recognise that NXT has been severely damaged by people perceptions of 'fairness' of the distribution is not to recognise the bigger picture. yeah most coins are down, but early on NXT was swimming against the flow no problem.

NXT should be 5-10 times the price it is now if based simply on the innovation of the system. If NXT had a perceived better distribution then neoplasm wouldt of run to NEM and other clones. I can't see a price rise coming until NEM and other major clones are out and people can reappraise the situation and value.

i just try to remind people that the lack of "fairness" in the distribution is what payed for nxt development. a more "fair" coin would never have come into existence because it would have never raised the funds necessary to finance its development. all of these other people who just copy that hard work of the nxt developers and claim that their coin is more "fair" isn't fair at all because all of those people who payed for the tech to be developed that they are using are being ripped off (in an abstract way). im sorry but i just wont get into a nxt clone that doesnt actually innovate and only claims to be more "fair" because ripping off all the people who payed for that software to be developed isnt fair at all.