There is also a new forum opening dedicated to all things Banx, so for your dose of information and anything Banx related head over to http://www.banxforum.com and register, its quick and straight forward, look forward to seeing you all there and we will be packing it full of info as quick as we can , any questions will help us along in our mission

The problem with these automatic purchases will be that the spread of the low volume coins will usually lead to a rather large hit upon conversion... any idea how that will be solved?

People that want to use Teleport will need to have some BTCD for the fees, which will be paid in BTCD telepods.
I also think we might need to have some bandwidth usage fees to prevent spam attacks, again to be paid with BTCD telepods

James

is the teleport still going ahead

I guess there is quite a lot of information in the link.

Transaction fee should be related to the total amount of coins in sensible manner, agree that dollar nominated comparisons are not meaningful, as are not PoW mining fees and PoS transaction fees . And in PoS like NXT, there will be whales in the beginning to whom the transaction fee does not mean anything, and interested new comers who get 2 nxt from the only functioning faucet, use 1 nxt to send 1 nxt to some address to get a public key to be able to start forging, and then happily forge with account balance of 0 NXT. Not most inviting newcomer experience, I can tell you .

PS: FIMK has same total as NXT, but our transaction fee is 0,1. On the other hand, for some reason FIMK asset creation costs 1000 FIMK which is preventive for newcomers, and apparently we can't change that before before we make a major client update (totally new client with programmable plug-in interphase, which btw will make NXT jealous ).

stealing is only stealing when you steal more than $1,000 ?

sorry if you suffer from down-syndrome i don't mean to whale on retards hahahha

edit:
i just don't get the lengths people go to TRY and justify pathetic scammy BAD behavior around here 

A friend of mine came with the idea, to fund a movie via nxt:
https://bitcointalk.org/index.php?topic=802883.0

The market cap should be sufficent for crowdfunding like that. Don't you think?
I mean. Not only funding crypto coins and more cryptocoins but also other real business.
I think, that could really give a boost to NXT, if we put some placed advertisement in a movie.

I really like NXT, but i also agree that the fee is too high. comparing to bitcoin is a bad idea. nxt is supposed to be a 2.0 currency, so obviously it should have more attractive features than bitcoin.

Slightly OT, but my main gripe with NXT is the high transaction fee (1 NXT).

Crowdfunding = pretty word for IPO

i would never get involved with any Crowdfunding / Kickstarter type of crap !

and in crypto it's a way to get Bitcoin to pad your bank account and don't tell me otherwise lol
when you have 400 grand in your bank account and your movie needs 200 grand trust me you will keep taking donations
money.
corrupts.

take the recent BFL FTC court case for example.. they could so they did because people will.
staff asked BFL management why they don't do burn in's on the test-net and the boss said "because that doesn't make them any money"
the FTC has frozen their business operations and they have admitted their guilt.. the mined for coins with IPO'd asics.
because they could..

you want something ? get a job and pay for it.. don't ask me to pay for it for you .

jl777 anti-US rants make sense to me

Ever thought of contributing something besides requesting ONE individual to do something...uninformed american? If you want to help...learn how to code and don't troll.

Disclosure I'm American.