Post
Topic
Board Altcoin Discussion
Re: NXT, LTC
by
lopalcar
on 02/09/2014, 11:28:01 UTC
What about NXT forging, is that profitable? How many coins do I need to own to forge anything significant ATM?

Forging is for securing the network, not for profit, it only brings 0.5% yearly, no more, with the current volume of txs.

So there is no way to mine NXT, forging brings next to nothing, why would I buy NXT then? If price speculation is the only thing I make money with NXT, this is not something I am interest in. After all, there are coins offering higher POS annual reward then 0.5%. If I miss something, please do correct me, quite green when talking about NXT.

You can't compare it ti other bitcoin clones "I said this hundred times"  Don't buy for price speculation, there are enought speculator in cryto world, buy it because it's far more usefull than the rest of altcoins, you can build your bussiness in top of nxt throw AE, sell things with the DGS, trade other coins in a much more secure way than centralized exchanges "even more secure now being in beta phase"  and much more to come. Don't think in cryptos like a way for make money from thin air, this isn't the original idea of Bitcoin  Sad

Hello guys!

Look at the new article about NXT here http://www.cryptobang.com/2014/09/01/check-out-interesting-facts-about-nxt/

Will be waiting for your comments

Also, I would like to inform you that I can make an article-investigation about any coin. If you need it - you can use the form on my site to do that.

Moreover, if you know some interesting facts - please give it to me, I can use it while creating new materials

The author of this article obviously has zero clue what he/she is talking about. You may address different negatives, but touting this a fact is down right embarrassing.

1) Factually wrong. Had nothing do with NXT, but rather the exchange.

2) How long do you have to wait to mine any currency? Still waiting for that BFL. Seriously.

3) One click installation with clients or webclients with zero-clicks. What do you want?

4) Yeah, like ALL cryptocurrencies. Lose you key and you are done for.

5) 2 cent fee for a transaction. Thousands times more expensive than average bank?! Lul wut.

7) You can write your own clients for ALL cryptocurrencies and the author tout this is being a bad things. There is also the official client.

8 ) Factually false, the author doesn't understand how NXT addresses work.



+1 Zero clue... Or is biased or didn't reasearched enought