PoW wont die, they will live on to serve NXT

Well, only usefull PoW will survive. Crap will be dump right away with enough attack power.

I dont see any pump action, just mine and dump. Of course the ones that are mined are the ones that have already been pumped to be the most profitable.

NXT is a platform. There will be exactly 1001 different types of NXT applications. it will be impossible to create any more than 1001 new ideas of using NXT as a platform. There are 1000 active NXT'ers and that is an average of 1 idea per person, plus the 1.0 usage. There is no way a single person can come up with more than one way of using NXT as a platform.

This means NXT future is limited to the 1001 ways it will be used.

James

Agreed it is not relevant...there will be a small group of "elite" asset classes that will trade against each other -- USD, Euro, Gold, Yen, Bitcoin, NXT, maybe a few more.

They will be traded against the tier 2 commodities: wheat, agricultural stuff, oil, silver, copper, cement, lumber etc..

Then you'll have the garbage coins trading for USD NXT BTC (the tier 1 currencies)

Yes you can theoretically have thousands of useless trading pairs, but who cares if there is Dogecoin gold trading pair with 5 grams of gold listed on the asset exchange? Any halfway decent NXT client would filter out those rinky dink pairs and you'll never even see it.

free market must be FREE (with a small fee for PoS)

PS, I am looking for a web developer to give me a hand (well, haha, I need more than just a hand) in developing hashrate.org
I would be willing to offer a slight stake in the overall pool profit in return for the assistance (which is intended to eventually be 2%, once the pool is out of beta.. it is currently 0%.)

Thank you for the support. (and buybitcoinscanada and brooklyn)

However it seems that a lot of people here simply want a 1.0 coin and not a platform.

I get the feeling that everytime I come up with a cool new feature, a lot of people will get upset and I am not sure what to do. With NXT I can do almost anything and I am in the process of designing a set of features that will put NXT so far ahead of all the other cryptos, but now I am having second thoughts.

Why bother. It will probably just get shouted down because nobody has ever done it before, or it will "kill NXT" by some magical illogical means. But that is what I do. I come  up with stuff nobody has ever done before that the MARKET wants. It is a combined tech/marketing thing that I have the  knack for. Probably because I have done a lot of tech marketing and a lot of coding and a fair amount of trading. Kind of a unique combination.

Remember when I said I wanted to do a gateway. Yawns, boredem. Centralized, yada, yada. Well I thought I could make a gateway that was a cut above the centralized exchanges and after an incredibly long period of four weeks I am close to a beta release of a fragmented automated multisig gateway. To my defense, I have been sidetracked for a significant part of that time simply defending myself from attacks. I did also release the "coin that shall not be named". Not sure if anybody ever said it couldnt be done, but people wanted a way to reinforce forging and it solves that.

Now I am writing all this software. Some of it will require support in the NXT core, most of it wont. I think I will simply stop posting any details about anything. There is no point when math gets debated. I just see math where others see, I dont know what. Every time this sort of thing happens, I lose the positive state of mind that is needed for this type of cutting edge work.

I cannot keep fighting over each and every feature that i need to support what I am doing. I am not asking for NXT AE to be changed to be denominated in NXT. I am just asking for the ability to be able to have the option to denominate trades in some other asset. Certainly with the neanderthal mindset that nodecoin will somehow kill NXT, doing anything like this will certainly put a stake through its heart.

Here is the plan. I will make a short list of things that I need to implement what I am working on, it will be something like:

1. comment field in asset transfer (this I need to 100% correlate gateway deposit transfers to deposits) I hope this wont cause NXT to explode too.

2. Fractional assets

3. the ability to denominate AE trades in other assets

4. some special NXT acct to be used for mixing and/or NXTcash, needs a little support in the core, not much

5. tbd. probably a few more small changes, not sure yet as I am still not done with the full design

Am I asking for too much?

Unlike most people, I am working night and day on NXT. I am writing a lot of code. I am adding features to NXT that no other crypto has. I have not disclosed all the features it will have as I have not been very encouraged by the reception so far of what I thought was noncontroversial features. It must be so easy to complain about everything. I try to be positive. I try to stay focused. While what I am doing is not exactly what BCNext envisioned, I believe it is in the same spirit and I am trying to complete as much of the feature checklist as I can, as fast as I can.

Please start a poll on whether you want NXT to be a platform or a 1.0 type of coin or some magical mystical fairytale impossibility. I can do platform, you dont need me for 1.0 type coin, the last one is beyond me.

James

Exactly. Zillions of posts, promises and plans but nothing delivered.

Its nice to hear from one of my favorite trolls, though sometimes you actually make helpful posts. Very confusing

Edit: 9 million NXT to committees isnt exactly nothing, I seem to remember I might have had something to do with that. Maybe that is the only deliverable I have delivered so far. How long does it take you to go from concept to finished software? Probably 10 days right.