It's fairly obvious what is happening with trading of this coin. There isn't any dumping happening.

Due to the volatility in (low) price, it's very feasible to quickly increase your holdings by relatively high percentages. Think of it this way: if you sell at 5 and buy back at 4, you pick up an additional 20% worth of coin. It's not about making money on trades ATM with this coin, it's about taking advantage of volatility to increase holdings. The lower the value, the higher the return. How else would anyone explain 5+ BTC orders on both sides? It's the reason Mintpal is so popular as an exchange. With high trade volume there is extremely high volatility, and those that pay enough attention can pick up small amounts of money all day long by hedging themselves and staring at the screen for changes.

Trades between 4 and 3 pick up an 33% increase, etc. The value will not increase as it is extremely profitable to trade on these low numbers. We need to do something drastic to pull the coin out of single digits. My recommendation: pull ALL sell orders.

Simply stated: Trading in single satoshis can net upwards of a 10% increase per trade. Trading over 10 sats lowers this quick buy/sell profit potential to under 10%. Break out a calculator and see for yourself. Altcoin markets are popular simply for this reason, and this reason alone. Nobody cares about "features", nobody cares about the dev teams, and nobody cares about a "cause". It's literally all hype and market manipulation. Look at some coins recently that were obviously scams and massive fails like AsiaCoin, yet for some reason those continue on because nobody gives a shit. Shit on Poloniex like "Limecoin Lite" that was sold even before the coin was *invented and released*, which to my knowledge to this day hasn't happened yet but it still trades. They just look at numbers and how to manipulate them.

You guys forget that this is a Chinese exchange and they are AMAZING at this. Chinese absolutely LOVE to gamble, and since they can't here as gambling is illegal in China, cryptos are a way to gamble and not an investment.

I think the only way for this coin to break the cycle is either deeply integrate with NXT as a "silver", and seriously step up our game with utility. By utility, I don't mean buying stuff online (because honestly, even if the website takes BTC I still use my credit card, I did that today with VPN service), but doing things like making a secure online wallet publicly accessible for all and removing the tech barrier that is keeping cryptos stuck in toxic online forums. This "boys club" attitude needs to stop. Bounties are pointless because it doesn't elicit professional work, it just "gets the job done". Seriously, hire the right people to get the job done right.

There's a word in Taiwanese with means "people that got rich quick by pure luck and have no class", and that's my sentiment towards cryptos now. Whatever happens with this coin in the future, it needs to not be a repeat of the others. Otherwise, I'm calling it quits completely on crypto, mostly out of disappointment that so many people have fucked up a concept that could change the world. I've spent a considerable amount of time and energy supporting both Noblecoin (that guy is an unqualified, lying scumbag and everyone should stay clear), and EMC2 which was an amazing idea but was spearheaded by that scam artist bob something whom everyone is familiar with now and he fucked that all up. He commissioned me to provide a Chinese localization and tried to undercut my firm's actual rate by 1/3 and refused to pay. I eventually got it out of him, but the lack of professionalism displayed by all of these coins is disgusting. These coins are products and need to be treated as such. Coders are not traders/bankers/marketers/advertisers/account-managers/business-advisors, and need to stop pretending they are. There's a reason we all use banks and nobody uses crypto. Bank lobbies look nice and have friendly staff, but we all have to look at under construction websites rushed together, bitchy, self-entitled (for absolutely no reason, might I add) developers, and non-functioning markets based in Serbia? F that.

I run a successful media business in Asia and cryptos have brought me nothing but anguish and stress for the past year. I cannot waste any more of my time using my resources and skills trying to help causes and coins I want to support to be continually disappointed and disrespected like "I don't understand". For anyone who is curious, look through my previous posts for proof that I'm not retarded.

Credit to MaWo and Nxtblg for being very responsible devs, although I do wish they would act on my recommendations more quickly because I know what I'm talking about. I'm not a 19 year old who can install a graphics card, or a "gamer" who believes this is some sort of natural extension to my hobbies. I do not sit in trollboxes to lie to people, it is so classless and disgusting to deliberately mislead someone for a quick profit. I do not have time to sit around here any longer wishing for coins to gain in value. I'm getting stressed from the stupidity that routinely happens in this crypto "community" (whatever the hell that means), and then some new "prodigy" comes along and everyone falls for that guy's tricks. Then the cycle repeats.

As an honest businessman, I no longer feel comfortable participating in this crypto bullshit charade, which is now just like playing a slot machine. I believe this concept can change the world, especially for places that don't have govt/banks that function as well as ours do. Hours upon hours spent in these chatrooms, writing code for people, translating and not getting paid, my suggestions being ignored (only to be done by someone else terribly 2 months later), all for what? A few thousand dollars? Totally not worth it.

Things that need to be done ASAP:
Publicly accessible wallet so I don't have to type a friggin terminal command to use it. I said this a month ago and it hasn't been implemented yet. It takes a maximum 6 hours to do the method I mentioned before in a PM.
The weird version numbering and date system looks unprofessional.
The wallet layout is confusing and there needs to be a professional web developer to completely revamp it. I don't care about the assets or forged balance, or even the version number. I also don't care about the recent blocks. That is not relevant to daily usage.
Drop the whole sob story about being scammed and rising from the ashes. Nobody cares.
Focus on following the development of NXT, but the vanilla clone aspect is (in my opinion) pointless. Why wouldn't I just get NXT instead? What is the difference between NFD, NAS, and NTX again?
Increase the amount of and streamline the asset exchange and explain what the hell that is.
Professional translations and not begging someone who "just speaks the language".
Stop the associations with other bull alt coins and focus on BTC and LTC trade. Those are the only feasible coins.


Good luck to NFD, and I swear to god if I see someone type "to the moooooooooon" one more time.....

ISP =  网络公司

He is changing his internet company.

https://bter.com/trade/NFD_BTC

Hello everyone, sorry for the English in this thread, but we've made onto BTER. Happy trading! 

https://bter.com/trade/NFD_BTC

Hello everyone, sorry for the English in this thread, but we've made onto BTER. Happy trading! 

https://bter.com/trade/NFD_BTC

恭喜NFD平等币，加油！

Let's knock that sell wall down to keep new BTER friends from fearing it.  
It's Sunday afternoon here right now, so we've still got some time to grab NFD before it enters a larger market and gets increased visibility and exposure.

*If there is anyone who was not involved with the initial distribution but is interested in the coin and wants to become more involved, I suggest you go to http://www.coin-ga.me/exchange/coin/NFD and pick up some NFD. Our goal is to increase distribution of the coin as a stability mechanism (hence the "fair distribution"). This is the possibly the last opportunity to enter this low.*

Currently #2 on BTER!!
https://bter.com/voting

Only 550 votes behind the #1 spot, let's get in there and vote!
Go NFD! NFD加油！

什么上帝币?

文明币 is good because nobody has used it yet and it is good marketing for Chinese people.

The word 文明 (wenming) means 'civilized', but in a Chinese context it means carrying oneself with virtue, knowledge, openness, and strength...for example someone who throws trash on the street is not 文明, and the concept of "being 文明" is what they all aspire to. It's *very frequently* used on signs, buses, tv, random announcements and whatnot here so there's that going for it as well (if you understand what I mean).

The people who recreated this coin after a scammer are 文明, the people involved with the coin are 文明, so the coin is 文明.

You have to trade BTC to earn their points, which you spend on voting (also it determines your free votes based upon your total points). I've sent a lot of coin through there in the past and I have zero points...so I have no idea. I remember being able to buy those points for BTC and LTC as some sort of "investment" in the exchange, apparently they've changed it.

Specifically, it says every BTC worth of trading earns you 5,000 BTR...so maybe some quick selling to LTC and back to get some points?

Note: the English version says you get 5,000 BTR for one BTC worth of trade, and the Chinese one one links to you a "dividends" page where it "explains" the confusing pyramid-scheme-like referral system. No mention of trading requirements to earn BTR, just that you earn 30% of commission for every downline, and BTR can be cashed into renminbi or BTQ (a security).

Do we have any Chinese friends who can explain this a little more clearly?
有没有比较了解bter投票系统的中国朋友可以用英文帮大家介绍？

In the future may I suggest using imgur or something besides a website that gives me porn popups and a "live chat room" that just blares loud sex noises and was quite embarrassing just now? Thanks.

Otherwise, yes it looks quite nice, good work. 

It's my understanding that this coin's transaction time is MUCH faster than Bitcoin. That also depends on the strength of the P2P network, so we need to help promote the coin together!

I just sent a transaction and it cleared in around 10 seconds, with our relatively small network and new coin.

The last 4 pages have been solid NFD 

...and those are only the people that have been logged into this website over the past few hours and took time to write in the thread 

This coin is spread much larger than NXT with regard to those who have wallets installed etc. as even at the start there are currently over 1,200 separate users and holders of the coin. What percentage of those people do you think would use Bittrex to trade?

I would prefer Bittrex first over polo because we should stay clear of the others for the time being...considering how...different NFD is in its inception and very wide distribution. We don't want to jump into polo and get "oh look another one", when this coin is very different (read: not sketchy), nor do I have any interest in "competing" with the other sketchy ones I won't name.

BTER is a nice option as well, they already have a thriving NXT market and I bet a lot of people there would want some NFD as well...

The amount earned from forging is equal to the amount of fees included in the block.

Since the minimum fee is 1, you will earn at least 1 coin per transaction in the block. Sometimes there may be 5 transactions (mimimum 5 coins as a fee), there may be 200 transactions (minimum 200 coins as a fee), or sometimes there may be 0 transactions, really depends on timing/luck.

It's difficult at this time to use a calculator or other tool to estimate the earnings from forging.

Even if your income from forging (at the moment) is low, please leave your wallet open and forging to strengthen the network.

*As a side note, I've been using my forged balance to make lots of transactions with higher fees and hope others will do the same*

The two blocks you forged probably didn't have any transactions inside! I've had a few like that so far with 0 transactions and 0 fees, I got lucky and hit on one that had 3,000nfd as a fee Since the network is still quite young and there aren't too many transactions at the moment, we should all be making some small transactions or messages to ourselves to step up transaction volume (and some fees) in our growing network as well as encourage forging for a healthy network. A few coins here and there as fees isn't much, and it would encourage people to forge as well as improve network strength. (Even seeing 1 coin as a forging reward is better than 0...)

Forged Balance: 3!!!!

Great!  

You can start forging after 1440 confirmations of your first outbound transaction. If you didn't make any transactions yet and are just viewing the balance of your account, you must first send a small amount of coins to yourself to enhance the security of your account to sort of 'confirm opening the account'. After 1440 confirmations of that first transaction, your account is freely accessible and you are allowed to forge, as well as get an automatic security upgrade for your account.


Think of it sort of like getting your new ATM/credit card in the mail and activating it with your first swipe. In the case of NFD, you need your *first incoming transaction and first outgoing transaction* to be confirmed 1440 times, each, then your account will be fully authenticated and active.

Why should we all forge right now? Besides collecting transaction fees (similar to mining for other cryptos without all the hardware costs), running our clients and forging is helping to strengthen our growing network by providing nodes and access points all over the world. Going to bed? Leave your client open! The strength of a new crypto lies completely in the power of its community, so let's strengthen the network and finish up this amazingly successful launch period!

use some bounty coins to boost transactions on the network? send a message plus fee of even 10 once per block would be reasonable...

May I suggest in the original post where you list CNY exchange to tack on a Chinese "人民币". By putting the Chinese in that spot you may be able to attract some nice attention, as they usually just scan over English and don't really read it. The Chinese will pop out at them and they will pay more attention or feel the need to Google Translate it to read more thoroughly.  

Feel free to hit me up for a Chinese translation if necessary. I run a translation and cultural consulting firm here in Hong Kong, and we could get something together for you (also it helps that a good amount of us understand cryptos).

I'm really looking forward to the growth of XBC and view it as one of the "upper" level coins like primecoin, NMC, etc. This coin has potential to even get on BTC-E in my opinion.

It says "EMC2 China Group" and is welcoming people to join group number 223581024 on QQ, a Chinese messaging program.

欢迎大家，EMC2加油！

很开心我昨天买了，涨好高！EMC2加油！