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Ten years, yes, I've now reached my 10th year in the cryptocurrency space.
Ten years, yes, I've now reached my 10th year in the cryptocurrency space.
Every time you think a certain coin won't fall out of Top 10, take a look at all the coins that has fallen out of that list in the last decade
Imagine getting BNB less than $1. NXTchain layer1 is just getting started!
NXTchain is now live! utilities and CEX listing on day 1!
Introducing NXT Technologies – Enterprise Meets Bllockchain
Missed early ETH or BNB? Dont miss the NXT opportunity! Layer 1 blockchan
NXTchain is now live!! NXTchain will take over BSC!
Missed out on early ETH? Don't miss NXT!
Missed out on early ETH? Don't miss NXT!
NXT New L1 Blockchain Project Utilizing Proof of Authority Validators * Energy Efficient, 1000 TPS *
Brainstorming the next wave of crypto scams
Join creative nrainstorming the next wave of cryptoscams
Mentions
In 2019, I kept warning gullibles not to fall for the tech meme. Of course people fell for token dump tech memes like ALGO, etc. Don't be like bagholding governors. You can do better. > You seem to be fixated on tech. Tech means nothing if nobody uses it and if nobody cares. NXT was the most advanced coin in 2013 and still one of the most advanced now. Created by the founder of IOTA, it had a ton going for it. People thought it was like TCP/IP or Linux of blockchains and the future: > - First coin that was 100% Proof of Stake pioneered by IOTA founder > - 1.5 minutes block times > - Java > - DEX > - Messaging > - Assets in the blockchain > - Programmable APIs > But what happened? LTC is #4 and doing great and NXT is pretty much dead. https://np.reddit.com/r/CryptoCurrency/comments/bza16u/top_7_unique_highpotential_cryptocurrencies_of/eqt1lh5/
A spark was lit, a code was made, A future shaped, a path was laid. Bitcoin rose, so bold, so free, Yet locked in chains, it could not be. It shined with truth, its path was bright, A genius leap, a guiding light. But hands of greed soon claimed its name, Not for its use, but dollar’s gain. The Architect watched, unseen, aware, That Bitcoin’s fate was left impaired. Not just a coin, nor wealth alone, A deeper vision still unknown. Then NXT arrived, the course evolved, A shift in power, problems solved. No mining here, no waste, no fight, Yet still, the plan stayed out of sight. Then IOTA came, its tangle spun, Machines would speak, the chains undone. No fees, no blocks, a world so bright, Yet something lacked—it wasn’t right. And QUBIC, last, in waiting lay, The Architect’s plan from Bitcoin’s day. Since 2009, the course was drawn, For what must come when time moves on. The puzzle forms, the signs align, The Architect’s path was by design.
I bought into an IGNIS ICO in 2017 it was a side chain of NXT which was popping off. I remember investing $80 into NXT which turned into $800 at the time of the ICO. An insider whale bought up all 1:2 tokens before the it was opened to the public. And since it was super time sensitive with no explanation on what to expect you had to act super quickly. The web site the devs chose had about 500 scam addresses and 1 correct address, and they were all very convincing. I realized quickly about why I love bitcoin so much.
A spark was lit, a code was made, A future shaped, a path was laid. Bitcoin rose, so bold, so free, Yet locked in chains, it could not be. It shined with truth, its path was bright, A genius leap, a guiding light. But hands of greed soon claimed its name, Not for its use, but dollar’s gain. The Architect watched, unseen, aware, That Bitcoin’s fate was left impaired. Not just a coin, nor wealth alone, A deeper vision still unknown. Then NXT arrived, the course evolved, A shift in power, problems solved. No mining here, no waste, no fight, Yet still, the plan stayed out of sight. Then IOTA came, its tangle spun, Machines would speak, the chains undone. No fees, no blocks, a world so bright, Yet something lacked—it wasn’t right. And QUBIC, last, in waiting lay, The Architect’s plan from Bitcoin’s day. Since 2009, the course was drawn, For what must come when time moves on. The puzzle forms, the signs align, The Architect’s path was by design.
> Silvio himself said... Reminds me of all the BAT fanboys worshipping Brendan Eich in 2018/2019 saying the big brained creator of Javascript, founder of the Mozilla foundation was creating a revolution in digital advertising and I am a fudder who doesn't understand what's happening when I kept telling people BAT was a money grab gimick token. Of course big brained Brenden is a scammer and so is Silvio and they'll say anything to dump on you at a higher price > BAT is a gimmick and it'll never be adopted https://np.reddit.com/r/CryptoCurrency/comments/cflfh9/why_does_brave_need_its_own_currency_why_cant_it/euba6hr/ > simply the best tech I warned people not to fall for the tech meme almost every day back in 2018-2020. Of course people fell for token dump tech memes like ALGO, DOT, ATOM, HBAR, etc over the next few years and everyone has lost money. > You seem to be fixated on tech. Tech means nothing if nobody uses it and if nobody cares. NXT was the most advanced coin in 2013 and still one of the most advanced now. Created by the founder of IOTA, it had a ton going for it. People thought it was like TCP/IP or Linux of blockchains and the future: > - First coin that was 100% Proof of Stake pioneered by IOTA founder > - 1.5 minutes block times > - Java > - DEX > - Messaging > - Assets in the blockchain > - Programmable APIs > But what happened? LTC is #4 and doing great and NXT is pretty much dead. https://np.reddit.com/r/CryptoCurrency/comments/bza16u/top_7_unique_highpotential_cryptocurrencies_of/eqt1lh5/
$QUBIC.X Sergey Ivancheglo is the founder. Also founder of $IOTA and $NXT. We know what happens next… IYKYK
$QUBIC.X Sergey Ivancheglo is the founder. Also founder of $IOTA and $NXT. We know what happens next… IYKYK
I hold only QUBIC, a low/mid-cap coin led by Sergey Ivancheglo (aka Come-from-Beyond). CfB is the guy behind NXT (first PoS blockchain) and IOTA (first DAG-based tech). These are two of the highest ROI cryptos ever: NXT did over 2,000,000% ROI, and IOTA over 600,000%. No guarantees, but I like high risk, high reward.
A spark was lit, a code was made, A future shaped, a path was laid. Bitcoin rose, so bold, so free, Yet locked in chains, it could not be. It shined with truth, its path was bright, A genius leap, a guiding light. But hands of greed soon claimed its name, Not for its use, but dollar’s gain. The Architect watched, unseen, aware, That Bitcoin’s fate was left impaired. Not just a coin, nor wealth alone, A deeper vision still unknown. Then NXT arrived, the course evolved, A shift in power, problems solved. No mining here, no waste, no fight, Yet still, the plan stayed out of sight. Then IOTA came, its tangle spun, Machines would speak, the chains undone. No fees, no blocks, a world so bright, Yet something lacked—it wasn’t right. And QUBIC, last, in waiting lay, The Architect’s plan from Bitcoin’s day. Since 2009, the course was drawn, For what must come when time moves on. The puzzle forms, the signs align, The Architect’s path was by design.
Bro xrp is like 2$ right know. It would probably go back To lest than 1$ NXT year fosho
100% QUBIC, a low/mid-cap coin led by Sergey Ivancheglo (aka Come-from-Beyond). CfB is the guy behind NXT (first PoS blockchain) and IOTA (first DAG-based tech). These are two of the highest ROI cryptos ever: NXT did over 2,000,000% ROI and IOTA over 600,000%.
A spark was lit, a code was made, A future shaped, a path was laid. Bitcoin rose, so bold, so free, Yet locked in chains, it could not be. It shined with truth, its path was bright, A genius leap, a guiding light. But hands of greed soon claimed its name, Not for its use, but dollar’s gain. The Architect watched, unseen, aware, That Bitcoin’s fate was left impaired. Not just a coin, nor wealth alone, A deeper vision still unknown. Then NXT arrived, the course evolved, A shift in power, problems solved. No mining here, no waste, no fight, Yet still, the plan stayed out of sight. Then IOTA came, its tangle spun, Machines would speak, the chains undone. No fees, no blocks, a world so bright, Yet something lacked—it wasn’t right. And QUBIC, last, in waiting lay, The Architect’s plan from Bitcoin’s day. Since 2009, the course was drawn, For what must come when time moves on. The puzzle forms, the signs align, The Architect’s path was by design.
100% QUBIC, a low/mid-cap coin led by Sergey Ivancheglo (aka Come-from-Beyond). CfB is the guy behind NXT (first PoS blockchain) and IOTA (first DAG-based tech). These are two of the highest ROI cryptos ever: NXT did over 2,000,000% ROI, and IOTA over 600,000%.
I hold only QUBIC, a low/mid-cap coin led by Sergey Ivancheglo (aka Come-from-Beyond). CfB is the guy behind NXT (first PoS blockchain) and IOTA (first DAG-based tech). These are two of the highest ROI cryptos ever: NXT did over 2,000,000% ROI, and IOTA over 600,000%. No guarantees, but I like high risk, high reward. :P
A spark was lit, a code was made, A future shaped, a path was laid. Bitcoin rose, so bold, so free, Yet locked in chains, it could not be. It shined with truth, its path was bright, A genius leap, a guiding light. But hands of greed soon claimed its name, Not for its use, but dollar’s gain. The Architect watched, unseen, aware, That Bitcoin’s fate was left impaired. Not just a coin, nor wealth alone, A deeper vision still unknown. Then NXT arrived, the course evolved, A shift in power, problems solved. No mining here, no waste, no fight, Yet still, the plan stayed out of sight. Then IOTA came, its tangle spun, Machines would speak, the chains undone. No fees, no blocks, a world so bright, Yet something lacked—it wasn’t right. And QUBIC, last, in waiting lay, The Architect’s plan from Bitcoin’s day. Since 2009, the course was drawn, For what must come when time moves on. The puzzle forms, the signs align, The Architect’s path was by design.
I've been warning about falling for the Tech Narrative since 2017. Over the years, I specifically have been warning about Token Dump Meme Tech like DOT whenever shills and bagholders spammed posts about its Amazing Token Dump Technology. How does a software engineer who has been in the space since 2016 fall for a scam like this? > Amazing technology and active development does not mean success. NXT was launched in 2014, a top 5 project, was the most advanced platform, had a huge community of investors and developer and there is forum with hundreds of thousands of posts in multiple languages here: > https://nxtforum.org/ > - First coin that was 100% Proof of Stake > - 1 minutes block times > - Java programming lanaguage > - DEX (Chainlink's Sergey Nazarov worked on a DEX project there) > - Messaging > - Assets in the blockchain (Staple top 10 coins like NEM were launched there) > - Programmable APIs > - Smart Contracts > But by the time of 2017 bullrun, NXT fell into irrelevance and even hyped shitcoin platforms like Stratis, NEO, etc easily surpassed it. Today, most new people haven't heard of NXT or aren't even aware how hyped and loved the shitcoin platforms that followed NXT like Stratis, NEO, IOTA, ICON, AION, were. People are falling for the same technology hype or the same meme partnerships. https://np.reddit.com/r/CryptoCurrency/comments/10hyjyn/the_case_for_polkadot_amazing_tech_and_usecase/j5ctwqs/ > Polkadot Unveils JAM: Major Upgrade > "You've been ~~jammed~~ SCAMMED!" > 4 years ago in 2020, Polkadot entered the top 10 after a governance vote passed multiplying balances by 100X and change the denomination of DOT from ~$400 to ~$4 so that it looked cheaper for dummy investors that would be dumped on. Dummies bought because they believed para-chains will drive demand for token will go through the roof. Been shilling ever since. https://np.reddit.com/r/CryptoCurrency/comments/1cba3z2/polkadot_unveils_jam_major_upgrade_10_million_dot/l11p9sg/
If you're thinking long-term, **QUBIC** is definitely worth considering. Sergey Ivancheglo, one of the original minds behind **IOTA** and **NXT**, is leading its development. His past projects have seen insane ROI: * **NXT**: 1,265,555% ROI * **IOTA**: 424,084% ROI * **QUBIC**: 538% ROI (as of 12-01)
BTC opened Pandora's box. Scammers realized they could just become Shitcoin Robber Barons by printing your own tokens and would never have to work again in their lives. And the dumb and the gullible just kept giving them money...over the over One of the biggest red flags to look out for **** - crypto is essentially printing your own money and there are a ton of people who have created and/or abandoned multiple projects enriching themselves. Jed McCaleb - Ripple founder - Stellar founder Charles Hoskinson - Bitshares Co-founder - BitUSD co-founder- larges algorithmic stablecoin a few years back that depegged and collapsed many years before LUNA https://coinmarketcap.com/historical/20141206/, he is creating another another "amazing" "formally verified" algorithmic stablecoin on Cardano https://twitter.com/iohk_charles/status/1405737563030183936 - Cardano founder Dan Larimer - EOS founder - Bitshares co-founder - BitUSD co-founder - Steem founder Kris Marszalek - Monaco - Crypto.com Da Hongfei and Erik Zhang - NEO - ONT Sergey Ivancheglo, Dominik Schiener and Company - IOTA - NXT - JINN Jusin Sun - TRON - Bittorrent DJ Qian - Qtum - Vechain
QUBIC. It was created by @c___f___b who also created NXT and IOTA the first POS and DAG coins. It is a UPOW token that leverages mining to train AGI. Right now it is the fastest decentralised computer in the world. Faster than El Capitan.
Scammed you once, shame on them. Scammed you twice, shame on you. | Scammer | Shitcoins |:-----------|------------:| | Jed McCaleb | Mt.Gox, XRP, XLM | | Charles Hoskinsonn | Bitshares, BitUSD, ADA | Dan Larimer | Bitshares, BitUSD, Steem, EOS | Kris Marszalek | Monaco, Crypto.com, multiple bankruptcies | Da Hongfei | NEO, ONT |Sergey Ivanchegl, Dominik Schiener | NXT, JINN, IOTA | Jusin Sun | TRON, BitTorrent | DJ Qian | Qtum, Vechain | Brendan Eich | BAT, RENDER
$QUBIC. Useful proof of work for training AGI created by come from beyond @c___f___b who created the first POS and DAG coin NXT and IOTA(two higest ROI coins ever). 55m transactions per second. Runs on bare metal without an OS.
Checkout [$QUBIC](https://x.com/search?q=%24QUBIC&src=cashtag_click). A Useful proof of work coin that Instead of validating transactions using computational equations, leverages mining to train AGI. It was created by Sergey Ivancheglo (Come-from-Beyond), the same person who made the first POS and DAG coins NXT and IOTA. It supports 55m transfers per second and runs on bare metal without an OS making it incredibly secure.
Where's my beloved feathercoin!? Remember this being the first thing I ever mined and converting to BTC way back in the day. Converted months of mining to like 0.75 BTC iirc. What about NXT!? I still remember archaic trade platform someone created for this on bitcointalk way back when and how it eventually got hacked lol. Doubled tiny BTC position from trading on it and then out withing a few weeks.
I am surprised that vast majority do not see it. I am certain now this is a bubble like NXT back in the day.
Your logic is flawed. There have been many projects in our history that have risen in value astronomically and then failed completely. Just to name a few - Theranos, Tulip mania, South sea company, NXT, Bitconnect.
Your money - your choice. You can even buy "NXT" (The first proof of stake coin).
The co-founder of IOTA is now developing QUBIC, which claims that it can secure a PoW blockchain and power an AI using the same computing power. It seems highly unlikely that he's found a way to secure a PoW blockchain (and make it quantum-attack proof) using a fraction of the computing power that every other PoW blockchain needs to use. The website also claims that he founded the No.1 and No.3 ROI coins, which will be news to anyone who bought IOTA or NXT in December 2017, which are down 96% and 99% respectively. https://qubic.org/
$QUBIC. PA doesn't look the best but tech is revolutionary. Useful proof of work coin that has 55m transactions per second. Runs on bare metal in ram. Consensus mechanism is used to one of the largest decentralized AI network in the world. The creator of $QUBIC created the first POW coin NXT and the first DAG IOTA. There has been a lot of fud lately about it though so weak PA but they are releasing a white paper soon and a peer reviewed scientific report about it. Hopefully it will change things.
I swear NXT will be the next big thing this run
BTC is the only immaculate conception in crypto. Everything else has some degree of greed or profit. If you go through the old Bitcointalk forums, you'll see Sergey Ivancheglo posting around looking for ways to acquire more Bitcoin. He then came up with the idea of creating NXT. Then he created IOTA. You'll Dan Larimer lurking around even interacting with Satoshi. He wants Bitcoin. Then he creates Bitshares with Charles Hoskinson. Then he creates Steem. Then he creates EOS. There are tons of OG shitcoin creators there and the primary motive for their shitcoin was MONEY and getting more Bitcoin. The successor to the shady Shitcoin Baron Robbers of the past today are the VCs partnering with people like Silvio Micali launching projects with extreme predatory tokenomics.
I commented about the graveyard of shitcoins that supported Python and other programming languages when Algo Governors were cheerleading bullshit hype that ALGO was the first project to support Python. ALGO is down ~50% since then. - NXT relevant from 2013 to 2017, once #3 or #4 in marketcap, was the first pure Proof of Stake Blockchain which used Java. Dead. - Stratis relevant from 2016 to 2017, once #8 in marketcap, supported C# and had a Python SDK. Dead - NEO relevant from 2017 to 2019, once #5 in marketpcap, supports Java, C#, Python, Javascript. Dead - EOS relevant from 2017 to 2019, once #7 in marketcap supported building apps with C++. Dead - ICON relevant from 2018 to 2019, top #20 marketcap supported building apps with an Python SDK and a Javascript SDK. Dead - ARK another hyped shitcoin from 2017 to 2019. Supported Java and Python. Dead. - Kommodo another hyped shitcoin from 2017 to 2019. Supported Rust and Python. Dead https://np.reddit.com/r/CryptoCurrency/comments/1bp74fp/algorand_becomes_first_layer1_blockchain_to_use/
People think meme coins attract dumb money Algorand may have the the dumbest investors in crypto. A couple of months ago there was a lot of spam threads marketing Algorand as the first shitcoin to have Python. I commented that dozens of now dead shitcoins like NXT, Stratis, NEO, ARK, Kommodo, etc all had Python. Bagholders said ALGO was undervalued and the era of price tanking was over with ALGO at $0.28 > Algorand is extremely undervalued because of terrible price action during the last three years as billions of coins entered the circulation. That era is over. https://np.reddit.com/r/CryptoCurrency/comments/1bp74fp/algorand_becomes_first_layer1_blockchain_to_use/kwucwtk/ Today ALGO is $0.14 and if you go back and the ALGO bagholder is in denial and has come up with conspiracy theories that some whales are suppressing ALGO prices > Almost no one sells. Check the exchanges' hot wallets. Despite the foundation selling MMs still need to borrow Algo to push the price down and keep Algo at its current 67th place. A big accumulation is happening too. Well, they want to shake out all weak hands, buy low and once the macro and news are good enough pump it up hard. https://np.reddit.com/r/algorand/comments/1dfdhy0/algorand_algo_price_recovery_looks_bleak_as/l8ifty3/ Nothing has changed since 2017. People are still falling for the same meme tech shitcoin scams and when they feel the slow and eternal rugpull, they come up with conspiracy theories about price suppression bullshit. Algorand investors now take the cake on crypto idiocy.
Qubic is run by the same guy who helped found IOTA. He never finished any of his projects. He does an ICO, pretends to work on it for a few years, makes a bonza from selling and then abandons the project and moves to the next one. NXT, JINN, IOTA/Qubic (first iteration). If you can't finish a project with over a billion in funds, you've got no hope.
During that time frame: - 5 BILLION increase in circulating supply - 2 BILLION gifted by scammer Silvio Micali himself which probably hasn't been all dumped yet, It took took Jed McCaleb 7 years to dump just 9% of his XRP - 0 BILLION actual Demand - Money used to buy FIFA sponsorship, racing sponsorship, dead file sharing companies Napster, LimerWire, etc None of these raised red flags for you and gave you a hint that it was all moneygrab bullshit? Or did you think that a Turning Award winner and MIT professor could not be greedy and run a moneygrab scam? You only have to look at history and at people like Javascript investor, Mozilla founder Brendan Eich who give zero fucks about integrity when there is $$$ to be made from scamming naive crypto investors. People like me have kept warning noobs not to fall for tech meme bullshit in crypto. Here is something from 2019: > You seem to be fixated on tech. Tech means nothing if nobody uses it and if nobody cares. NXT was the most advanced coin in 2013 and still one of the most advanced now - First coin that was 100% Proof of Stake pioneered by IOTA founder - 1.5 minutes block times - Java - DEX - Messaging - Assets in the blockchain - Programmable APIs > But what happened? LTC is #4 and doing great and NXT is pretty much dead https://np.reddit.com/r/CryptoCurrency/comments/bza16u/top_7_unique_highpotential_cryptocurrencies_of/eqt1lh5/ In 2019, I was saying that people are going to be soon falling for new scams like Cosmos, Polkadot, Hedera, etc were coming and your old scams like Stratis and Iota were going to be dead. > Don't worry, a new round of shitcoins will be coming with new hype. Soon people will be shilling about Cosmos, Polkadot, Hydera Hash, Fantom, Radix, etc. Some of these other coins that are in the top 25 will be gone the way Stratis, Golem, MaidSafe, Bitshares, SingularDTV which were in the top 25 at this time in 2017. https://np.reddit.com/r/CryptoCurrency/comments/bjohvq/daily_discussion_may_2_2019_gmt0/emd4p9j/ In 2020, I got downvoted many a time for saying buy Bitcoin and don't chase shitcoins: > I feel bad for the people who fell for the Bitcoin is a dinasaur tech meme. No no, you said invest in a newer faster tech whether it be a scam like Ripple, halfway working vaporware like IOTA.....You had a once in a lifetime opportunity of a 3-year head start to front run big dick institutional funds and maybe even sovereign funds but instead you chose to chase after shitcoins. As a result there are probably a ton of people who have been in crypto for years don't even have a whole Bitcoin or cannot afford one now but could easily have acquired one over the past three years. What's worse, as Bitcoin's value appreciates more and more, some of you don't even realize what is happening and are still chasing some shitcoins. At least acquire some Bitcoin for god's sake. There's no reason we can't all make it. https://np.reddit.com/r/CryptoCurrency/comments/kk8n2g/daily_discussion_december_26_2020_gmt0/gh3kmjt/ And /r/cryptocurrency is mostly here to shill you tech meme shitcoins and circlejerk each other and lose money together. In 2017, /r/cryptocurrency was comparing Bitcoin to tech companies and "doing research" trying to find the crypto with the best **technology and innovation**. They compared Bitcoin to AOL or MySpace saying BTC will soon be replaced by new shitcoins with superior technology. https://np.reddit.com/r/CryptoCurrency/comments/7kval4/in_20_years_bitcoin_will_be_to_crypto_what_aol_is/ - In 20 years Bitcoin will be to crypto what AOL is now to the internet. - Lol—try 3-5 years. - I think 20 months tops - 20 yrs? Think 2. - It' ll happen sooner. The world turns faster constantly. Bitcoin is like a fat, slow dinosaur - Agreed. Could be months. The space is wide open for competition. Could def see ETH and BCH taking the crown. - Someday people will think that it'd ridiculous to pay fees and wait time to transfer money and they will buy IOTA - Companies will not bet on a burning piece of garbage like Bitcoin, and whatever they pick will win. I guarantee it. See: Bosch/IOTA. - Hmm your comment has made me think of possibly splitting my portfolio four ways - ETH, IOTA, XRP, REQ. - The sad fact is there are coins from 4 years ago that are better than Bitcoin, we don't even need new projects to take leaps forward. - Tl;dr I think your bitcoins are going to be about as valuable as your 20 hours of free internet CDs from AOL - In 2017 alone, Ethereum, Iota, Ripple, Vertcoin, Monero and Litecoin have all made big moves in terms of tech and adoption. What will 2018 bring? 2019? Will Bitcoin still lumber into 2020?
IOTA and NXT highest ROI crypto projects? What am I getting wrong?
Qubic is one of the most revolutionary project (if not the most) this cycle. Fair launch, no VCs, created by Sergey Ivancheglo (founder of IOTA and NXT, the no.1 and no.2 highest ROI crypto projects). Absolute genius. It’s worth looking into Qubic.
Hoskinson has had the most staying power amongst the multi-project scammers in crypto who don't work a single day in their life but lives but live off off selling shitcoin scam tokens - Bitshares Co-founder - BitUSD Co-founder of algorithmic stablecoin that depegged and turned to shit - ADA vaporware bullshit hype "Cardano is going to digitize identification in Africa and IOHK is helping trace Ethiopian coffee beans through the supply chain." - graduated with an Associate Degree Front Range Community College claimed for many years he did not finish a Phd program for which he was never accepted, enrolled or had the prerequisite qualifications for If you look at some of the profiles of these scammers on Bitcointalk you'll see people like Dan Larimer and Sergey Ivancheglo thinking of how they could get more Bitcoin. The idea they come up is to sell some hyped up shitcoin to the dumb and gullible. Jed McCaleb - XRP - XLM Jusin Sun - TRON - Bittorrent Dan Larimer - EOS - Bitshares - Steem Da Hongfei and Erik Zhang - NEO - ONT Sergey Ivancheglo and Dominik Schiener - IOTA - NXT DJ Qian - Qtum - Vechain
Probably QUBIC as KAS has surpassed 1B market cap already. QUBIC is only available on small exchanges though which is what's keeping its market cap low. Once it hits a tier 2 exchange it will run quite hard I feel. Look up the creator come from beyond. He created the coins with the top 2 return on on investment IOTA and NXT. https://cointelegraph.com/news/top-10-crypto-deals-in-2017-returned-over-136-000-on-average-report-shows
KAS - Solves the blockchain trilema using blockDAG - High throughput. QUBIC - created by Come from Beyond (who has created the two tokens with the highest Return on investment tokens ever. IOTA and NXT [https://cointelegraph.com/news/top-10-crypto-deals-in-2017-returned-over-136-000-on-average-report-shows](https://cointelegraph.com/news/top-10-crypto-deals-in-2017-returned-over-136-000-on-average-report-shows) Useful proof of work system that leverages mining to train AI. Runs completly in ram on bare metal without an OS.
> Things are turning around for ALGO. Bagholders are regurgitating the same news (lots of shitcoins have supported development and smart contracts in Python) from last week that is not going to save a dying shitcoin. People fall for hyped shitcoins every cycle - you don't have make money the same way you lost it. - NXT relevant from 2013 to 2017, once #3 or #4 in marketcap, was the first pure Proof of Stake Blockchain which used Java. Dead. - Stratis relevant from 2016 to 2017, once #8 in marketcap, supported C# and had a Python SDK. Dead - NEO relevant from 2017 to 2019, once #5 in marketpcap, supports Java, C#, Python, Javascript. Dead - EOS relevant from 2017 to 2019, once #7 in marketcap supported building apps with C++. Dead - ICON relevant from 2018 to 2019, top #20 marketcap supported building apps with an Python SDK and a Javascript SDK. Dead - ARK another hyped shitcoin from 2017 to 2019. Supported Java and Python. Dead. - Kommodo another hyped shitcoin from 2017 to 2019. Supported Rust and Python. Dead
Yes. And 3 of NXT, NEO and EOS had Smart Contracts, Assets, DEXes and messaging as part of the platform or build around it.
> They are the first blockchain ever to have any kind of regular programming language Dead shitcoins have many lessons to teach you - NXT relevant from 2013 to 2017, once #3 or #4 in marketcap, was the first pure Proof of Stake Blockchain which used Java. Dead. - Stratis relevant from 2016 to 2017, once #8 in marketcap, supported C# and had a Python SDK. Dead - NEO relevant from 2017 to 2019, once #5 in marketpcap, supports Java, C#, Python, Javascript. Dead - EOS relevant from 2017 to 2019, once #7 in marketcap supported building apps with C++. Dead
> This is great said so many shitcoins... - NXT relevant from 2013 to 2017, once #3 or #4 in marketcap, was the first pure Proof of Stake Blockchain which used Java. Dead. - Stratis relevant from 2016 to 2017, once #8 in marketcap, supported C# and had a Python SDK. Dead - NEO relevant from 2017 to 2019, once #5 in marketpcap, supports Java, C#, Python, Javascript. Dead - EOS relevant from 2017 to 2019, once #7 in marketcap supported building apps with C++. Dead
This is an interesting story, but I don’t think this has anything to do with Algorand. 1 minute block times alone make sense for NXT to lose relevance. Just having smart contracts means nothing when the throughput is so low, and same thing with Java. Who cares if it’s not going to scale.
I've been posting this pasta since 2017/18 warning new people to be careful falling for the tech meme. Amazing technology and active development does not mean success. NXT was launched in 2014, a top 5 project, was the most advanced platform, had a huge community of investors and developer and there is forum with hundreds of thousands of posts in multiple languages here: https://nxtforum.org/ - First coin that was 100% Proof of Stake - 1 minutes block times - Java programming lanaguage - DEX (Chainlink's Sergey Nazarov worked on a DEX project there) - Messaging - Assets in the blockchain (Staple top 10 coins like NEM were launched there) - Programmable APIs - Smart Contracts But by the time of 2017 bullrun, NXT fell into irrelevance and even hyped shitcoin platforms like Stratis, NEO, etc easily surpassed it. Today, most new people haven't heard of NXT or aren't even aware how hyped and loved the shitcoin platforms that followed NXT like Stratis, NEO, IOTA, ICON, AION, were. People are falling for the same technology hype or the same meme partnerships. https://np.reddit.com/r/CryptoCurrency/comments/bza16u/top_7_unique_highpotential_cryptocurrencies_of/eqt1lh5/ https://np.reddit.com/r/CryptoCurrency/comments/10hyjyn/the_case_for_polkadot_amazing_tech_and_usecase/j5ctwqs/
I've been posting this pasta since 2017/18, that new people need to be careful falling for the tech meme. Amazing technology and active development does not mean success. NXT was launched in 2014, a top 5 project, was the most advanced platform, had a huge community of investors and developer and there is forum with hundreds of thousands of posts in multiple languages here: https://nxtforum.org/ - First coin that was 100% Proof of Stake - 1 minutes block times - Java programming lanaguage - DEX (Chainlink's Sergey Nazarov worked on a DEX project there) - Messaging - Assets in the blockchain (Staple top 10 coins like NEM were launched there) - Programmable APIs - Smart Contracts But by the time of 2017 bullrun, NXT fell into irrelevance and even hyped shitcoin platforms like Stratis, NEO, etc easily surpassed it. Today, most new people haven't heard of NXT or aren't even aware how hyped and loved the shitcoin platforms that followed NXT like Stratis, NEO, IOTA, ICON, AION, were. People are falling for the same technology hype or the same meme partnerships. https://np.reddit.com/r/CryptoCurrency/comments/bza16u/top_7_unique_highpotential_cryptocurrencies_of/eqt1lh5/ https://np.reddit.com/r/CryptoCurrency/comments/10hyjyn/the_case_for_polkadot_amazing_tech_and_usecase/j5ctwqs/
NXT, ICX, REQ, XVG, OMG to name a few.
I owned FTC (Feathercoin) in 2013 (mined it and LTC) and converted to BTC before end of bull run. I owned NXT (Nextcoin) in 2018 (played around with exchanges and liked the idea for brief minute) and converted it to BTC before end up bull run. It's the same story every bull run - alts rise on ideas and die off with end of bull runs. Some are sticking around longer as crypto space becomes more mature, but you'll still be more likely to gamble/speculate on a loser.
I would advise you talk to people who have held Alt coins through a couple bull runs and find out their opinions. Most of us on the bitcoin sub have dabbled in cryptocurrencies and lost. My experience: Started investing in Bitcoin and Alts in 2016. 60% bitcoin 40% alts. Including Neo, Ark, Bat, XMR, Ardr, Ada, NXT, Xlm, Doge, Vtc, LTC, Eth, and about 20 others. During the bull run of 2017-18. I was flying high. Then bitcoin started losing dominance and alts started soaring. I didn’t sell anything even though everyone called bitcoin dead and outdated. The bear market corrected all my gains in alt coins, I was back to the beginning and even under on some. But Bitcoin didn’t drop nearly as bad. I was in the green until the next bull of 2021 During this waiting period, I had the hardest time holding my alts, some of the exchanges went bust, so I had to move them to obscure wallets, derivation paths changed, which looked me out of some coins, I’ve have to migrate certain coins several times, I’ve lost so many different crypto’s to them just being delisted and me not having my ear to the ground. With Bitcoin, You just update your hardware wallet and your balance shows up. 2021 finally came and I was just going to wait for my alts to get near their ATH and sell them for more bitcoin. But that never happened, all my alts just rose a little bit, because they were replaced by 10,000 new Alt coins. ALGO, CRO, Luna, Dot, Matic, Shiba, etc. Bitcoin hit a massive new ATH and dropped to a respectable number, while all those alts hit alts of 2021 dropped like a falling dagger. I have sold nothing ever. Just hodled my same stash since 2017. My portfolio that was 60btc-40alts is now 86%btc-14%-alts. I wish I would have just bought bitcoin it outperforms every single coin on the market and will most likely continue to do so for a very very very long time. I always tell people: Bitcoin is for HODLing Crypto is for trading.
In fact if I'm not mistaken, for the first few years after the bitcoin debut, all crypto was a fork of the bitcoin code, and it wasnt until jelurida created NXT that a blockchain was built from scratch. Which wasn't until 2013, so that makes a lot of crypto only as much a scam as bitcoin. Thing is, I can sell most of what is in my wallets for just about any currency in the world. However, money is a scam too so in that regard....you are absolutely correct, OP🤪
List of active coins over 10 years old 2009 Bitcoin BTC 2011 Litecoin LTC, Namecoin NMC 2012 Ripple XRP, Peercoin PPC 2013 Dogecoin DOGE, Gridcoin GRC, Primecoin XPM, NXT NXT
> If I'm holding a cryptocurrency that inflates at 7%, I receive 14% in staking rewards, and the fiat currency I'm valuing it against is inflating at 4%, then really I'm gaining 14%-7%+4% = 11% in rewards per year fucking christ, people actually come up with cryptonomic bullshit math like this. No wonder most people lose money investing in and staking these shitcoins Example: - ALGO has tanked -90% from September 2021. If you had 10,000 ALGO 2 years ago, at $1.5 they were worth $15,000. Say you gained 1,400 with 14% APY (not compounding to simplify), then you have 11,400 ALGO that are now $1,140. You didn't gain shit but more tokens. In the real world you just lost $13,860. And that +4% is some wacky crypto bro shit. You don't just get to add +4% to your return just because 4% inflation. That is aggregate cost of everything like goods, services, housing becoming more expensive against a fiat currency meaning the FIAT currency has lost 4% of its value every year. But your shitcoin, ALGO in this case actually has lost -90% of value against the shitty fiat currency. > can potentially increase dramatically in value during a bull run potentially but the fact is all staked coins besides ETH are significantly lower (-80% to -95%) than they were in 2017/18. Older staking coins like NXT, Peercoin, etc are all dead.
Luckily I didn’t drink the r/cc coolaid in the 2018 bitcoin dominance meltdown. And held about 70% bitcoin 10% ethereum. So I’m way up. But yeah my alts haven’t done crap. Ada, Doge, XLM, Ltc and the moons that Neo gave me for holding are the only cryptos from that 2016-2017 that are in the green. The rest shat the bed horribly. And to be honest it’s just such a damn hassle continuing to self custody a ton of obscure coins that make it such a no brainer. All the wallets are different. Neo went through a migration, luckily I was paying attention. I have 5 Ethereum in a MEW wallet that I can’t figure out how to get, the derivation path changed along with a bunch of other things. My Ardr had to be thrown in an NXT wallet because, who knows. Ark was giving me dividends for choosing a delegate, which costs 1 Ark to unvote and 1 Ark to vote again, but keeping up with the delegates and actually getting a payout was to time consuming. I’ve got kids, house and job. I can’t juggle this stuff anymore. All I want is 100% bitcoin with one simple seed phrase. It’s easy peasy
it was one of several at the time. MAIDSAFE was actually hyped up bigger in 2014/15, but never got off the ground. NXT actually turned into a real thing but was too limited. counterparty was a joke since it had bitcoin's limitations. Ethereum ended up winning out of all the 2014/15 ICO's.
I remember Wrestling Challenge back in the start of the 90s Is NXT going to distract you from trivia 😝
Buying? Ardor and NXT for the Ignis airdrop...total manure
> How many actual chains do we really need? How many projects do greedy crypto founders need to create dump on gullible crypto investors? Jed McCaleb - sold Mt. Gox to Karpeles after being "hacked" and short tons of Bitcoin - founded Ripple and kept 9 Billion XRP to himself - founded Stellar and kept who know how much of the supply to himself Charles Hoskinson - Bitshares Co-founder - BitUSD co-founder- larges algorithmic stablecoin a few years back that depegged and collapsed many years before LUNA https://coinmarketcap.com/historical/20141206/, he is creating another another "amazing" "formally verified" algorithmic stablecoin on Cardano https://twitter.com/iohk_charles/status/1405737563030183936 - Cardano founder Dan Larimer - EOS founder - Bitshares co-founder - BitUSD co-founder - Steem founder Kris Marszalek - Monaco - Crypto.com - Multiple companies that have faced bankruptcy and lawsuits over shady practices https://np.reddit.com/r/CryptoCurrency/comments/jf8bx4/history_of_kris_cryptocoms_ceo/g9jda1n/ Da Hongfei and Erik Zhang - NEO - ONT - Shilled countless shitcoins in the NEO Ecosystem Sergey Ivancheglo and Dominik Schiener - IOTA - NXT - JINN Jusin Sun - TRON - Bittorrent DJ Qian - Qtum - Vechain
> Every scammer in this crypto business comes in different cloak. Here are the biggest crypto scammers who have scammed with multiple projects worth billions over the long haul Jed McCaleb - sold Mt. Gox to Karpeles after being "hacked" and short tons of Bitcoin - founded Ripple and kept 9 Billion XRP to himself - founded Stellar and kept who know how much of the supply to himself Charles Hoskinson - Bitshares Co-founder - BitUSD co-founder- larges algorithmic stablecoin a few years back that depegged and collapsed many years before LUNA https://coinmarketcap.com/historical/20141206/, he is creating another another "amazing" "formally verified" algorithmic stablecoin on Cardano https://twitter.com/iohk_charles/status/1405737563030183936 - Cardano founder Dan Larimer - EOS founder - Bitshares co-founder - BitUSD co-founder - Steem founder Kris Marszalek - Monaco - Crypto.com - Multiple companies that have faced bankruptcy and lawsuits over shady practices https://np.reddit.com/r/CryptoCurrency/comments/jf8bx4/history_of_kris_cryptocoms_ceo/g9jda1n/ Da Hongfei and Erik Zhang - NEO - ONT - Shilled countless shitcoins in the NEO Ecosystem Sergey Ivancheglo and Dominik Schiener - IOTA - NXT - JINN Jusin Sun - TRON - Bittorrent DJ Qian - Qtum - Vechain
I posted warnings lots of times to new people when the bull market was on in 2021 - especially when people were asking "Why does anyone even invest in BTC?" https://np.reddit.com/r/CryptoCurrency/comments/pcjpft/why_do_people_still_buy_btc/hajum1g/ A lot of new people to the crypto space really haven't experienced a rugpull yet. In almost every single project investors are eventually left bagholders whether it is a pure money grab or because tokenomics puts the vast majority of the supply in the hands founders and insiders. The Bitcoin is outdated and we have a better technology narrative has been used to lure investors and in the vast majority of cases, investors have been losing their money since 2013 when better than Bitcoin projects came to the scene. There are some really interesting projects with technical merits but looking at how the supply was distributed with the founders, developers, insiders, now VCs and/or "the foundation" keeping the majority of the supply to themselves while the price pumps with limited supply released to the public, I don't see how things are going to be any different from 2013 and 2017. 2013 - https://coinmarketcap.com/historical/20131231/ NXT -First coin that was 100% Proof of Stake - 1.5 minutes block times - Java - DEX - Messaging - Assets in the blockchain - Programmable APIs NameCoin - Decentralized DNS - One of the first to have support for NFTs PrimeCoin - Vitalik referred to PrimeCon developer Sunny King as the "the single most original altcoin developer" and if PrimeCoin and Bitcoin were released in 2008, PrimeCoin would have won https://talk.peercoin.net/t/transcript-of-sunny-king-interview-with-vitalik-buterin-from-bitcoinmagazine/463 PeerCoin - First Proof of Stake coin 2017 - https://coinmarketcap.com/historical/20171231/ Some of the narratives that were sold in 2017 included: - XRP is the Standard. Banks are about to adopt XRP as the settlement and interoperability layer for the internet of value. - Stratis (this was once the #8 on marketcap) is the future of Blockchain tech, smart contracts written in C#. Devs are going to flock to the platform - IOTA (was once #4 on marketcap) is going to be the backbone for the "machine to machine (M2M) economy, the underlying protocol for the internet of things - NEO (once staple top 10) is going to bring the smart economy to China by by smart contracts and digigtal assets. The potential is just huge in China. - SIA and Golem are going to revolutionize tech creating a paradigm shift in storage and computing - ICON is the Korean Ethereum because they partnered with a ton of Korean banks, hospitals, universities. This will be huge in Korea because Koreans support their own projects and this will hyperconnect the world. - REQuest Network is the most important financial project to crypto. This is the paypal of crypto. - Raiblocks (Nano) is fast and feeless and will kill every inefficient blockchain currency
Sorry, I am not a Cuckdano. I've been warning about Shitcoin Robber Barons like Hoskinson, McCaleb, etc for 6 years now. Add, Turning Award professor like Silvio Micali to the group. https://np.reddit.com/r/CryptoCurrency/comments/coatcw/daily_discussion_august_10_2019_gmt0/ewiodxx/ Jed McCaleb - XRP - XLM Charles Hoskinson - ADA - Bitshares - BitUSD Jusin Sun - TRON - Bittorrent Dan Larimer - EOS - Bitshares - Steem Da Hongfei and Erik Zhang - NEO - ONT Sergey Ivancheglo and Dominik Schiener - IOTA - NXT DJ Qian - Qtum - Vechain
> crypto is all "hucksters, fraudsters, scam artists." Most of these guys have never worked a day in their lives and live off creating multiple crypto projects and getting free money dumping tokens on naive crypto investors Jed McCaleb - XRP - XLM Charles Hoskinson - ADA - Bitshares - BitUSD Jusin Sun - TRON - Bittorrent Dan Larimer - EOS - Bitshares - Steem Da Hongfei and Erik Zhang - NEO - ONT Sergey Ivancheglo and Dominik Schiener - IOTA - NXT - JINN It used to be just grifters like these guys but in 2018 Turning Award winner Whitfield Diffie raked in plenty of shitcoin money signing on as a "advisor" to NKN (New Kind of ^shitcoin Network). So even professors and Turning Award winners like Silvio Micali said, ALGO Scam and dump tokens on naive crypto investors
> a chance to recover with more coins than originally purchased What is the point of getting more coins if they continue to lose value and become more and more worthless? NXT and PEERCOIN were Proof of Stake in 2013 providing yield in more Chuck E. Cheese Tokens. Today those Chucky E. Cheese tokens are worth nothing. Do you want to earn Chuck E. Cheese Tokens? The idea of CRO being BNB is so misguided in hopium. In early 2017, most of us used Poloniex as the go-to crypto platform. By fall of 2017, Bittrex became the crypto platform of choice as the bullrun started gaining steam. Late 2017, Bittrex stopped opening new accounts because they could not handle the traffic. Newly opened Binance then took that traffic, became the shitcoin casino of choice listing every shitcoin under the sun and in a few months was doing more than 50% of all crypto volume. Today Binance does 50-60% of all crypto volume. Even with spending over $1 Billion dollars in marketing and ads including Super Bowl commercials, naming sports arenas, hiring movie stars like Matt Damon and athletes like Lebron James, Crypto.com struggles to do 1% of crypto volume and is still a tiny exchange.
Bitcoin will outlive us. ​ Solana and the likes will be history in a few years. Just like NEO, NEM, NXT and Mastercoin before them.
Before Solana and Polkadot, there was EOS and NEO. Before EOS and NEO, there was NXT. Before NXT, there was Mastercoin. Honestly, it's a never ending cycle of similar projects that pump hard during their first bull market and then get abandoned. I'm not sure this time it's gonna be different because there's always a VC-pumped next-generation project.
Shit man, youre not going back far enough. I'm old enough to remember digibyte, bitshares, NXT, iota, eos, vergecoin, TRON... There have been so many next big things you can't list them all. I'm currently batting 100 on calling bullshit projects by just adhering religiously to a handful of simple rules.
Well first off pat yourself on the back for buying Bitcoin and Ethereum. Those should be 90% of your portfolio. The rest are moon shots. Historically the coins of the last bull run won’t do much in the next bull run, they will be replaced with new shiny coins. I would wait and see what all the YouTubers are doing in late 2023. Buy those and then dump them when you see them go parabolic. Don’t Hodl cryptocurrency, it’s for trading only. HODL only BTC and ETH. Ask anyone who invested in the hottest coins of 2017 how their NEO, Nano, OMG, Ark, BAT, TRON, Walton Chain, waves, VTC, XLM, NXT, Ardr, etc did in 2021. The same thing will happen to all the coins you just listed in 2024.
Watch Qubic by the creator of NXT and IOTA. We will conquer the world muahahaha. DM for discord. Current marketcap around 20 million :trollface:
I’ve come to terms with it. But I learned that if you are invested in non bitcoin crypto you need to keep your ear to the ground, you can’t just HODL and walk away. There are a lot of other crypto’s that I have a hard time with too. I had a bunch of ARDR that only could be stored in an NXT wallet. ARKs old IO was great but you had to enter your seed phrase anytime you wanted to transfer money. Neo has changed so much since it was called Antshares. I also just spend my whole day relearning how to upgrade it to N3. I had a bunch of DNA that didn’t even have a wallet made up for it. So I left it on an exchange from NZ. That exchange doesn’t even exist. There we’re so many weird things to do with so many coins, that I just turned most of them into bitcoin, luckily most of them were slightly in the green from back then. The one I haven’t turned into bitcoin are stored on an exchange, they do everything for you, however you still have to pay attention to anything they delist, or if the exchange just goes under.
True, I've divorced NXT and XLM from this list God this brings back some nostalgia I'll tell you that \^\^
Once upon a time there was NXT...and it airdropped IGNIS. Both became flaming paper bags left on the front porch with a doorbell ringing...
NXT to IGNIS ICO. What a fucking shit show. The web site had 1 real option and 400 scams. The real option sold all the IGNIS tokens to a whale before the rest of us were allowed to participate, insider trading at its finest. And for those of us that missed one capital letter, we gave our crypto to a scammer. NXT, IGNIS and Ardor are all garbage.
I was looking at NXT and other colored coins, bitshares and stuff in 2015, then I heard of ethereum from a conversation with a friend in a pub, and I knew then and there all that other shit was going nowhere.
Crypto has been a phenomenal investment for people that have invested in the correct platforms and focused on HODLing. Bear in mind that Plenty of the most promising platforms in 2023 were extremely obscure or non-existent in 2018, and let's not even think about 2013. Crypto requires constant rebalancing, research, and diversification. Anyone that dumped it all into Bitshares, NEM, Digibyte, NXT, and Vertcoin and then went to sleep is having a bad time.
You don't. Take it from someone who's been doing this for a decade. You don't keep up with all this shit. You learn to ignore 99% of it because it's all noise. Those guys talking about vechain and waltonchain and iota and digibyte and NXT and nubits and whatever else, they're all broke now. Its all noise. Ignore it all. Every twitter handle, discord, every hot new thing, every youtuber, all the talk about adoption and regulations and this and that, ignore it. Its all a bunch of crap. Just stick to at most 3 things that have been around and trucking along for at least 2 bull cycles, read every detail you can about how they work, read the actual documentation, not blog articles or youtube videos. Don't invest in it, buy it because you'll use it. Even if you don't intend to use it now, you buy with the intention to participate. Take your shit off the fucking exchanges. Fuck trading, fuck NFTs.
Core dev from NXT, the first PoS blockchain. Scorex modular Blockchain creator. Smartcontract dot com co-creator (now chain link). IOHK researcher. Ergo founder... https://youtu.be/d7C3lyyhSP0 https://youtu.be/k9a3SYV6FJA
Alex Chepurnoy Co-Founder and Core Developer of Ergo Platform Active in blockchain since 2011, Alex (Kushti) has written over 20 academic papers and more than 15 years experience in software development. Co-founder of ERGO, he was also a co-founder of smartcontract.com (now Chainlink), a core developer at NXT, and one of the first employees at IOHK, where he was a Research Fellow and Team Scorex Manager.
BRO OYSTER PEARL OH AND NXT, that was a doozy, I spent a lot on NXT and never made a ROI
https://np.reddit.com/r/RaiBlocks/comments/7pie1n/so_frustrated_with_all_exchanges/dshnzfj/ Bought it in December 2017, falling for the hype especially since my investment went like 30X, luckily sold most of it over $30 https://np.reddit.com/r/RaiBlocks/comments/7pie1n/so_frustrated_with_all_exchanges/dshnzfj/ In 2018 and 2019, I kept warning that December 2017-January 2018 was the perfect storm and not to fall in love with this coin. > Picked up 26,000 NANO @ $5.5 ....Literally felt like I'm stealing from someone at these levels. https://np.reddit.com/r/nanocurrency/comments/8km1sl/picked_up_26000_nano_55/ ...but people felt like they were stealing when buying something that is down -85% When someone mentions Fundamentals in Crypto, they have no idea about investing or what fundamentals mean. Generally stock fundamentals are measured mostly quantitatively using such things as - earnings per share - price to earning ratio - debt to equity - free cash flow - return on equity, etc. Crypto has none of these things. It's purely speculative. It has no quantitative fundamentals you can measure to try to gauge it's true value. As a complement to quantitative fundamentals, you can also look at qualitative aspects such as: - competitive advantage - growth story, etc So when it comes to Nano, people fall for the trap of: - fast - feeless - 100% circulating supply But since crypto is not used in everyday life and since there an abundance of shitcoins that are fast and have negligible fees, this offers no competitive advantage over competitors that also lack value proposition. Also the idea that 100% circulating supply means the price can only go up is idiocy. NXT pretty much had a fully circulating supply in 2013 and it's down -90% and a dead shitcoin 10 years later in 2023 - fixed supply of something that there is no market demand for means absolutely nothing. https://coinmarketcap.com/historical/20131231/
The author of the write up is Alexander Chepurnoy (aka Kushti) -Ergo co-founder -Co-founded also what became Chainlink -Worked at IOHK (Cardano) in its early days -Lead dev of the 1st pure PoS coin ever: NXT
#NXTchain is a great looking project, join the community, read the whitepaper, DYOR, ask questions and see why! They've achieved a lot since just launching in November, milestones that most projects hype for months at a time and they simply just do it, they already listed on a CEX with more listings on the way, they launched their main net in November, they already have a NXT wallet app live on Google & Apple stores that supports the NXTchain, Eth & BNB, their own block explorer NXTscan is launching shortly, will have a NXT Dex later this year, serious marketing push launching in the coming weeks, all while they continue to work on partnerships to increase their ecosystem utility. Utility > Hype
NXT making advancements Just released new commercial! Team heading to Dubai to the CryptoExpo in March. New partnership with CryptoJunkeez! Talking with the Philippine Gov't
I feel like you're leaving out some pretty key details about NXT. Like the DEX you're talking about is just a poorly implimented order book right? I mean clearly there's 0 developer activity for NXT these days. I did a 15 minute investigation but if i had to guess i'd say that: * NXT was/is pretty centralized. * It was an inflationary coin with poor tokenomics at best. * Defi never really took off for it. *NFTs/Native assets never took off. For some reason that doesn't make sense it seems some of the Devs made a whole different blockchain with the same technology/code for no reason at all and that killed their reputation and ended interest in any projects associated with them.
I've been posting this since 2017/18, that new people need to be careful falling for the tech meme. Amazing technology and active development does not mean success. NXT was launched in 2014, a top 5 project, was the most advanced platform, had a huge community of investors and developer and there is forum with hundreds of thousands of posts in multiple languages here: https://nxtforum.org/ - First coin that was 100% Proof of Stake - 1 minutes block times - Java programming lanaguage - DEX (Chainlink's Sergey Nazarov worked on a DEX project there) - Messaging - Assets in the blockchain (Staple top 10 coins like NEM were launched there) - Programmable APIs - Smart Contracts But by the time of 2017 bullrun, NXT fell into irrelevance and even hyped shitcoin platforms like Stratis, NEO, etc easily surpassed it. Today, most new people haven't heard of NXT or aren't even aware how hyped and loved the shitcoin platforms that followed NXT like Stratis, NEO, IOTA, ICON, AION, were. People are falling for the same technology hype or the same meme partnerships. Most people have lost money or will lose money in these projects, as the founders dump more of the supply on them, they slowly fall into irrelevance and new shitcoins arise to replace the old. > (ICON) Unifying all kind of payment system (purchase, tuition etc) of into a single coin among multiple universities...All those stuffs Ethereum is dreaming of doing, optimistically in 2 years. ICON had them done already. https://np.reddit.com/r/CryptoCurrency/comments/7o4bcv/why_i_dropped_50k_on_icx_the_blockchain_that/ > Parnerships with Korean hospitals, banks, insurance companies, universities, Samsung, securities platform, etc https://np.reddit.com/r/CryptoCurrency/comments/7m9il0/the_insane_network_of_partnerships_connected_to/ > IOTA Partnership with Volkswagon https://np.reddit.com/r/CryptoCurrency/comments/7z7ahh/vw_announcing_cooperation_with_iota_foundation_at/ > Earn Money as you drive.....IOTA partnership with Jaguar and Land Rover https://www.jaguarlandrover.com/news/2019/04/money-earn-you-drive-jaguar-land-rover > IOTA Partnership with Fujitsu and Bosch https://np.reddit.com/r/CryptoCurrency/comments/7vx7or/fujitsu_and_iota_preparing_for_bosch_connected/
NXT devs: no thanks, we'll be #1 in a few years
Too many positives to list, NXT is primed for 🚀
NXT LAYER 1 BlockChain is built for sustainability from the tech, to the team and finally the best community in the space!!!!! Ron5727
You are not right. NXT implemented the first pure proof of stake protocal on November 24, 2013. Blackcoin was released in February 2014. Source: [https://cointelegraph.com/news/the-history-and-evolution-of-proof-of-stake](https://cointelegraph.com/news/the-history-and-evolution-of-proof-of-stake)
Here are some resources for you to do your own DD, but all this info is easily found with some googling. Alex is one of the most experienced people in the blockchain industry and has accomplished a lot in over his decade of experience: ​ [Article About Ergo, Mentioning Alex's Previous Experience as NXT Dev and SmartContract.com Co-Founder](https://www.influencive.com/106427-2/) [Not so smart contracts, dilemma after dilemma, Alexander Chepurnoy | Blockchain Development](https://www.youtube.com/watch?v=B0qIT7h8Pz0) [IOHK's Library involving Alexander Chepurnoy (Worked for IOHK, contributed to developing Cardano and developed Scorex)](https://iohk.io/en/research/library/authors/alexander-chepurnoy/) [Research Gate: Alexander Chepurnoy's Scientific Contributions](https://www.researchgate.net/scientific-contributions/Alexander-Chepurnoy-2132722542) [Article Referencing Alex Chepurnoy's Co-Founding of SmartContract.com (now referred to as Chainlink)](https://www.bitcoinwednesday.com/speakers/alexander-chepurnoy-core-developer-of-ergo/#) [LinkedIn Profile](https://www.linkedin.com/in/alexander-chepurnoy-3b454b1a3/?original_referer=https%3A%2F%2Fergoplatform.org%2F)
Ethereum was originally the NXT killer
Nxtchain is not NXT.
Common confusion. That one is a Different token that has nothing to do with NXT chain. NXT chain is a brand new layer 1 blockchain. You can check the contract history to see that it did recently launch.
Different project, NXTchain is not NXT of 2013
Ready for more CEX listings and NXTDex NXT in 2023... gonna rip! 🔥
So many good prices right now. So it’s hard to decide. I think NXT will be the next big thing, brand new layer 1 blockchain with fully doxxed devs.
Don't miss NXT NXT chain is a level one Blockchain that just launched and will explode soon.
Can't wait to see what NXT Dev's come up with next. Exciting!
Been following NXT from the very beginning, team keeps delivering and I'm not getting tired of that, LFG
Beautiful design! Join early birds now on their new NXT Technologies wallet
I bet we could find a similar comment from 2015 saying the same about BTC, LTC, DASH, BTS, MAID, NXT
The official release of NXT asset exchange on the main network happened at the 135'000th block, 12 May 2014. XRPL launched in 2012 with the first L1 mainnet Dex.