Quote from: Anotheranonlol on May 14, 2014, 09:38:38 PM

Quote from: msin on May 14, 2014, 09:30:42 PM

Quote from: Anotheranonlol on May 14, 2014, 08:02:19 PM

NXT were brought for total of 21 btc between ~73 stakeholders
current valuation~ 71,450 BTC (very short time later)

340238% profit for lucky few. And how many used alt-accounts to register multiple stakes?

http://87.230.14.1/nxt/nxt.cgi?action=34

not better distribution by any stretch of the imagination as far as I can see.

As far as argument against bitcoin distribution goes. (Excluding satoshis mined stash, which for all we know will be distributed evenly in an act of charity) A huge amount of early coins from 2009- 2011 will never be touched again because the private keys are completely destroyed. Bitcoin was a new paradigm. 1-cpu one vote and anyone could join in

So why didn't you invest? Was it because you knew it would have poor distribution? The creator didn't get rich off of Nxt, and it was an open IPO for two months (far longer than any IPO's held now), so stop whining about distribution, it's not the creator's fault that only 73 people decided to invest. It's such a tired argument. What was he supposed to do, he wanted to launch the coin. I bought Nxt on the open market, when it was 1Mil for 1BTC, because I saw potential. Nxt has a great community of devs that get things done, and aren't chronic whiners. I could sit here and stomp my feet about satoshi holding 1.5Mil BTC or that MT Gox blatantly ripped off everyone, but I don't because it's pointless. Anyway, stop posting here and go mine some BTC. This should be dedicated to Sia, not Nxt.

I didn't invest because frankly I didn't see the thread prior to IPO closure. People keep saying it's a tired argument. It can never be a tired argument because it's like the burj khalifa of arguments. it overshadows absolutely anything else. The creator could of easily register stakes without you knowing about it. You can not build a supposed '2.0 crypto-currency' upon a POS distribution between only 21 people. It can't work it's nonsensical to even propose a currency with such an unfair distribution has a serious chance of success...it's 100x worse than what we have with fiat with fat cat oligarchs controlling huge amounts of the worlds wealth. while poor scrape for few dollars daily.. with nxt it's out of the frying pan into a blazing inferno., and this is the reason community will jump onto coins such as NEM over NXT.

He could have done a # of things, so what. Speculation is just that. I think you have your #'s mixed up. 73 stakeholders, 21 BTC. Not 21 people. I understand your concern, I really do, but I bought after Nxt was launched at a valuation that was more than fair, and it even went back down after the initial spike, and stakeholders were dumping millions of Nxt for at least a month. All these IPO's disguise their profit as "distribution". Anyway, no one is changing your mind, so why argue about it, your time would be better spent being productive. And you can buy Sia without being forced to hold Nxt.