Post
Topic
Board Announcements (Altcoins)
Re: [ANN][HZ] Horizon Long + Fair Distribution|Decentralized Asset Exchange
by
Pizpie
on 24/11/2014, 20:40:05 UTC
When this coin entering other Exchanger?
Bter will be good, they have the most NXT volume.

yeah, cryptsy and bittrex also nice
in polo I wait for prices to 250+, hopefully HZ can

Past 4 days there is a certain uptrend on poloniex, however the volume isnt exactly too large.

I am not certain how far can HZ go, it was priced at 250 before. I believe the price will go up, maybe not in the immediate term. However, HZ is a part of Blocknet and if Blocknet delivers it will be a strong boon to HZ.

The new wallet has to be released before it will be placed on any of the other exchanges.  So that's what we are all waiting on. 

Also, when HZ was 250, that was right around the time when news came out that the XC team came on-board.  There was a lot of excitement and many new investors were jumping to HZ, because of the fair distribution (compared to NXT), and the potential things that could be brought to this alt from XC.  This was even before the knowledge of BLOCK.  Then pharesim dumped it to sub 100 sat swearing to do so every time it rose too quickly.  I think it was like a 10 million coin dump.  This killed it for a lot of people.  As a result there were some rules put into place (multi-sig?) to avoid this happening again. 

Edit: If i'm incorrect on anything here feel free to set me straight and correct it, and I apologize in advance.  Definitely not FUDding, as I have a stake in HZ

The Big dump of NHZ took place on September 21st (aka. NHZ Black Sunday). If my memory serves me right, it was 20 million that was dumped and the culprit was Silvernxt (who went rogue) and not Pharesism.   
The NHZ project back then, underwent change of management. 

This is correct. SilverNXT was unreasonable, and had abandoned the project. It was a 20 million dump, and he has no involvement in the project since then, nor does he hold a large stake. All the remaining funds that have yet to be distributed are held in escrow with Poloniex, and you can track distribution here: http://explorer.nhzcrypto.org/?page=graphs&graph=distribution