Post
Topic
Board Altcoin Discussion
Re: NXT VS NEM
by
TaunSew
on 11/07/2014, 01:21:55 UTC
Maybe investors are not that interested in NXT because it already has increased in value so much (from launch).  Everyone is always looking for the investment that can give 10x returns?

If you are looking for an investment gives 10x returns and you won´t be scammed for sure, than NXT is the right thing for you. Todays marketcap will be a joke when NXT is ahead of BTC.

I'd like to believe you, problem is NXT has been going down for a solid month.

You shouldn't throw huge figures out there without any sort of analysis to back it up, because then you just sound like a pumper.

Tell my why I should believe in NXT when the NXT millionaires are content to let the price keep falling.

There's a handful of coins out there with some interesting new developments, why choose NXT?

You say 1 month and I say 6 months.  NxT hasn't quite recovered to when it used to be a stable 8 to 9 cents back in early 2014, the price went off the cliff after the public became aware of NxT's distribution.  Please don't say that the 8 / 9 cents was due to Bitcoin being $1200, Bitcoin back then was only in the 800 range and it even went down to $650ish in February.  By all indication NxT is a shadow of its' former self.  


I don't think any rich angel investor will come in to save NxT, especially not when they've had three major theft incidents in the past month alone  (that is extreme high risk, no?  Even moreso than other coins).

Not that it matters to the "right" people.  All the NxT whales have had 8 months to diversify their get-quick-rich fortunes into BTC, LTC, Maidsafe, Counterparty, Darkcoin and NEM.  Only people who are losing out from NxT are the numerous bagholders who spent real $Fiat.  The money isn't gone, it simply went towards buying Teslas, Mansions and crypto diversification portfolios for a few NxT whales.




NEM is a clone what will happen to it six months down the road?  Will they continue to copy NXT features? There is no point in NEM currencies like Ripple, Counterparty, Cloaksend, Mastercoin, NXT, and MaidSafe are more original than NEM

NEM is not a fork.  It has features and innovations which NxT does not have.  For instance, this recent major theft in NxT would not be possible in NEM as NEM does not utilize an easily hackable brain wallet like NxT.  NEM utilizes multiple layers of authentications in order to access and move funds.

As well those coins are either PoW or PoS.  NEM has PoI which is the most innovative alternative to PoS to date, the only thing rivaling it would be Bitshares' system (which you failed to mention - providing you obviously don't know much about alternative cryptos or your information is 7 months out of date).

Nice try, you thought you were smart because you saw some NEM registration thread from January before it was discovered the NxT source code was sloppy and full of errors so they decided to move away from forking.  The NODE team made the same conclusion about the NxT code, as did others.