NXT :: descendant of Bitcoin - Updated Information

[S3MKi]

Mods will not ban on btc-e 


Pin

In russian chat mods banned me when I spoke about nxt.

[yuriygeorge]

Despite its innovation (which is yet to be seen/proven) if the coins remain undistributed and at a 500-600,000% price premium to original $4,000 invested, then we will see lots of panic. Can't wait for that. Getting the popcorn ready.

Post ur Nxt account and I'll send u some coins, so u could buy more popcorn.

Just set up a nxt client, please send some test coins: 6933627427271736687

Done.

Got em. Thanks  .

[pinarello]

Mods will not ban on btc-e 


Pin

In russian chat mods banned me when I spoke about nxt.

not in English chat.

[Pablito89]

Adding well know peers in your web.xml increase your chances to be on real main blockchain at any moment

Instructions:
1- Close your java process (if it's running)
2- Go to the following directory nxt/webapps/root/WEB-INF/
3- Open web.xml with a text editor
4- find this line:

Code:

<param-name>wellKnownPeers</param-name>

5- into the following lane copy/paste the easyCopyString between <param-value>HERE</param-value>
6- it will looks like:

Code:

<param-name>wellKnownPeers</param-name>
<param-value>87.230.14.1; 46.19.137.116; 95.85.22.142; 162.243.214.183; scum2.bounceme.net; 162.243.213.115; node11.nxtbase.com; 78.46.63.221; scum5.bounceme.net; scum4.bounceme.net; vps5.nxtcrypto.org; node16.nxtbase.com; scum.bounceme.net; scum2.bounceme.net; scum5.bounceme.net; scum6.bounceme.net</param-value>

7- save
8- restart next java process

UPDATED easyCopyString:
162.243.214.68; 95.85.46.164; 162.243.216.55; 162.243.143.15; 95.85.46.249; 93.190.92.74; 37.209.120.192; 93.190.92.75; 85.25.134.59; 93.190.92.76; vps1.nxtcrypto.org;  vps2.nxtcrypto.org;  vps3.nxtcrypto.org;  vps4.nxtcrypto.org;  vps5.nxtcrypto.org; nxtwallet.com; 31.220.50.208; nxt.ddos.me; 203.174.12.25; 88.198.142.92; 66.197.138.90; 64.120.180.106; 109.230.224.65; 80.86.92.50; nxt.homer.ru; 31.204.130.123; 209.222.0.194; 209.222.16.10; node1.nxtbase.com; node11.nxtbase.com; node21.nxtbase.com; node27.nxtbase.com; node31.nxtbase.com; node41.nxtbase.com; node51.nxtbase.com; node61.nxtbase.com; node71.nxtbase.com; node81.nxtbase.com; node84.nxtbase.com node91.nxtbase.com; node95.nxtbase.com; node98.nxtbase.com; 85.214.222.82;

Vps Owners: keep updated the easycopystring adding your nodes!!!!

[rickyjames]

Mods will not ban on btc-e 


Pin

In russian chat mods banned me when I spoke about nxt.

And yet they have just pardoned Mikhail Khodorkovsky as well as Nadezhda Tolokonnikova and Maria Alekhina of Pussy Riot.  Those wacky Russians.

[ZeroTheGreat]

trollbox

I love it  

[Luceat]

If NXT keeps on growing this fast then all the Raspberry Pis will be sold out in a few months just like ATI Radeon 7950, mark my words! Well anyway I just ordered 5, can't wait to get them running 

[Damelon]

My mate told me not to invest in NXT because it's going up way too quick and it will go down a bit again. What do you think?
Also it sucks that BTC went up so the investment will be even more expensive.

Depends on what you can spend and if you think you can gain.
The market fluctuates, sure, but noone knows what the equilibrium point of a NXT will be.
Could be that it will drop (a bit or massively), could be that it will go even higher.

My advice would be to wait a bit if you are short of investment cash. I think it will drop eventually and then you can step in more easily.

However, this is just an educated guess, so don't send hitmen to shoot me if I am wrong.  

[BloodyRookie]

Despite its innovation (which is yet to be seen/proven) if the coins remain undistributed and at a 500-600,000% price premium to original $4,000 invested, then we will see lots of panic. Can't wait for that. Getting the popcorn ready.

Post ur Nxt account and I'll send u some coins, so u could buy more popcorn.

Just set up a nxt client, please send some test coins: 6933627427271736687

Done.

Got em. Thanks  .

Are you ripping people off now?

[mcjavar]

If NXT keeps on growing this fast then all the Raspberry Pis will be sold out in a few months just like ATI Radeon 7950, mark my words! Well anyway I just ordered 5, can't wait to get them running 

But how do you plan to make money with them?

[chanc3r]

If NXT keeps on growing this fast then all the Raspberry Pis will be sold out in a few months just like ATI Radeon 7950, mark my words! Well anyway I just ordered 5, can't wait to get them running 

But how do you plan to make money with them?

Yes please explain...
If I have 50k NXT and I put them in one account then my chances of forging a block are 0.005%, if I split this across 10 accounts logged in with 10 Pi then I have 10 x 0.0005% chances of forging a block - is that right?

Isn't that the same chance?
So why would I spend the money on more H/W - why wouldn't I buy more NXT?

There is a lot of talk about people buying and setting up PIs on here so could someone please explain?

Thanks

[yuriygeorge]

Despite its innovation (which is yet to be seen/proven) if the coins remain undistributed and at a 500-600,000% price premium to original $4,000 invested, then we will see lots of panic. Can't wait for that. Getting the popcorn ready.

Post ur Nxt account and I'll send u some coins, so u could buy more popcorn.

Just set up a nxt client, please send some test coins: 6933627427271736687

Done.

Got em. Thanks  .

Are you ripping people off now?

Hah, no. Someone sent me 500. I'm trying to buy 30k more for 2.5 BTC. PM me.

[MrMochi]

I think I have an account running. But the faucet is taking hours to send something.
All I need is a small amount to confirm I set up everything right.
Any gentlemen willing to help me out? 1 NXT will do.
Account: 12551194082373758928

I look forward to the extra documentation at launch.

[rickyjames]

If NXT keeps on growing this fast then all the Raspberry Pis will be sold out in a few months just like ATI Radeon 7950, mark my words! Well anyway I just ordered 5, can't wait to get them running 

But how do you plan to make money with them?

Yes please explain...
If I have 50k NXT and I put them in one account then my chances of forging a block are 0.005%, if I split this across 10 accounts logged in with 10 Pi then I have 10 x 0.0005% chances of forging a block - is that right?

Isn't that the same chance?
So why would I spend the money on more H/W - why wouldn't I buy more NXT?

There is a lot of talk about people buying and setting up PIs on here so could someone please explain?

Thanks

Raspberry Pis are a cheap way to stand up lots of new nodes fast to stabilize the network from DDoS attack more so than using them for forging new NXT coins.

[instacalm]

I think I have an account running. But the faucet is taking hours to send something.
All I need is a small amount to confirm I set up everything right.
Any gentlemen willing to help me out? 1 NXT will do.
Account: 12551194082373758928

I look forward to the extra documentation at launch.

sent, enjoy

[davethetrousers]

identify whether on not it is running on a Raspberry Pi

I could probably incorporate a crude version of this in the startup script of the RPi NXT package... Wouldn't be completely accurate, of course.

Going to sleep about it right now

[canuck]

So right now, a single NXT is worth $0.09 or so right?  I'm curious to know if the developers are mindful of what happens if demand for NXT does indeed begin to rival XBT?  If NXT reaches a one billion dollar market cap, each unit will be worth 100 base units of a dollar ($1.00) and the furthest division of an NXT will be equal to how dollar divides into pennies.

So can the expression of NXT units be easily increased.  So say one day, nodes decide to turn each NXT unit into 10 units and so the entire supply goes from 1 billion units to 10 billion units.  Is this possible and easily done?  This is the reason that Bitcoin divides into 100 million base units after all.

[gbeirn]

If NXT keeps on growing this fast then all the Raspberry Pis will be sold out in a few months just like ATI Radeon 7950, mark my words! Well anyway I just ordered 5, can't wait to get them running 

But how do you plan to make money with them?

Yes please explain...
If I have 50k NXT and I put them in one account then my chances of forging a block are 0.005%, if I split this across 10 accounts logged in with 10 Pi then I have 10 x 0.0005% chances of forging a block - is that right?

Isn't that the same chance?
So why would I spend the money on more H/W - why wouldn't I buy more NXT?

There is a lot of talk about people buying and setting up PIs on here so could someone please explain?

Thanks

Raspberry Pis are a cheap way to stand up lots of new nodes fast to stabilize the network from DDoS attack more so than using them for forging new NXT coins.

Yes! An army of low powered nodes everywhere making NXT the lowest resource using crypto! I love it!

[gbeirn]

So right now, a single NXT is worth $0.09 or so right?  I'm curious to know if the developers are mindful of what happens if demand for NXT does indeed begin to rival XBT?  If NXT reaches a one billion dollar market cap, each unit will be worth 100 base units of a dollar ($1.00) and the furthest division of an NXT will be equal to how dollar divides into pennies.

So can the expression of NXT units be easily increased.  So say one day, nodes decide to turn each NXT unit into 10 units and so the entire supply goes from 1 billion units to 10 billion units.  Is this possible and easily done?  This is the reason that Bitcoin divides into 100 million base units after all.

Yes, and with colored coins one could theoretically make a coin worth anything: 10,000BTC, a house, a car, whatever. 

[Damelon]

So why would I spend the money on more H/W - why wouldn't I buy more NXT?

Basically, the more sound the network is, the more value it represents.
If the NXT has more value, because the tech behind it is more trustworty, 10 NXT could easily be worth more than, say, 100 NXT.

You could basically own ALL NXT and still have nothing, because no one places value on it, or you could own a few that are worth loads.

So, spending money on hardware is an investment in the value of the NXT.

Edit: the "mining" mentality is a weird mindset.