NXT is better than BitShares?

[jaran]

Reading all the comments here...why is Bitshares "vanishing" in terms of price when we look back at the ATH?

I am really wondering why bts is being dumped like crazy.

The wallet client is a pain the ass right now, but the price makes me wonder...

Probably because of "The Merger".  Basically a  few dacs (pts/ vote/ dns) were bought out and dilution was introduced.  The people invested in these other DACS were not happy for various reasons.  Now as part of the vesting schedule these unhappy people get BTS released into their accounts everyday for the next 2 years...and because they are unhappy they sale.

[jsidhu]

I moved out of NXT and pretty much everything all into BitShares early-ish last year. I've recently picked up a little NXT again. I think they're well supported around the $10 million mark.  Also I think I counted recently and 15 of the top 100 on CMC are NXT based projects (albeit with questionable volume) That's a pretty dominant position and if they can build on that in the next 12 months then I think the market will take them a lot more seriously.  Those projects would also be great potential customers for a NXT backed BitAsset as well as projects that raise funds but don't want to be exposed to BTC volatility. I also liked the Cfb came around to these forums and tried to analyse and understand the advantages of BitShares better.  I haven't been studying the market much these last few months and have been focusing more on my poker but NXT seems to be worth a little punt around $10 million especially as BitShares isn't the sure thing that BTSX was.

I think cfb wanted to break bitshares so it crashes and everyone goes into nxt.. Thats just imo

[Empirical1.2]

I moved out of NXT and pretty much everything all into BitShares early-ish last year. I've recently picked up a little NXT again. I think they're well supported around the $10 million mark.  Also I think I counted recently and 15 of the top 100 on CMC are NXT based projects (albeit with questionable volume) That's a pretty dominant position and if they can build on that in the next 12 months then I think the market will take them a lot more seriously.  Those projects would also be great potential customers for a NXT backed BitAsset as well as projects that raise funds but don't want to be exposed to BTC volatility. I also liked the Cfb came around to these forums and tried to analyse and understand the advantages of BitShares better.  I haven't been studying the market much these last few months and have been focusing more on my poker but NXT seems to be worth a little punt around $10 million especially as BitShares isn't the sure thing that BTSX was.

[kenCode]

Reading all the comments here...why is Bitshares "vanishing" in terms of price when we look back at the ATH?
I am really wondering why bts is being dumped like crazy.
The wallet client is a pain the ass right now, but the price makes me wonder...

If you sit there and watch prices, you'll go batty.
The web wallet is in beta, it was just released, so give it some time. The downloadable client is pretty nice, more hours have been spent there, so if you're investing now, you'll see the most features in the downloadable version. Moonstone.io is about to release their badass BitShares client too.

[Marky0001]

Reading all the comments here...why is Bitshares "vanishing" in terms of price when we look back at the ATH?

I am really wondering why bts is being dumped like crazy.

The wallet client is a pain the ass right now, but the price makes me wonder...

[jsidhu]

when you develop for an anarchist group of developers perhaps working for free

Every true anarchist I know is loving, strives for peace through non-violence, is organized and calculating. I don't think I'd be where I am today if I wasn't anarchist in my thinking and daily accomplishments.

Please revisit your stereotypes regarding anarchism, it's not what you might think it is.
https://youtu.be/uH6-9gx32Mc

There is less coordination and follow through there is less incentive to do good work

[cass]

i've redefined my recent post, sry maybe wrong words i've choosen!

[fav]

Things I forgot to mention:

- Faucets
- Newbie Friendly "get paid to" sites to earn NXT
- Some products offer an Affiliate system
- NXT Adsense like Network

Compared to BitShares it feels so much easier to start and to market NXT, in my opinion.

[Tuck Fheman]

AFAIK as i know James is not that honest guy ... he starts a lots of things ... but don't finished one of them ... again AFAIK (personal behaviour about)!!!!

What personal experience leads you to believe jl777 is a dishonest person?

I've msg'd back-n-forth with him a few times and got the exact opposite impression and we were discussing scandals in cryptocurrency.

He starts a lot, but what kind of time table are you putting him on?  Are you allowing him as much time as you are BitShares to complete a project before saying the coder doesn't finish projects?

As far as I can tell, his behavior has been nothing but code, code, code, talk about code, code some more, come up with another brilliant idea, code some more.

What am I missing?

Where is the dirt on jl777 outside of, "he starts a lot of projects that I didn't invest in early so I missed out". lulz

[cass]

They have SuperNET. the SuperNET wallet is easy to use, James is innovative and gets things done.

Also interesting:

- Marketplace
- Message System

AFAIK as i know James starts a lots of things ... but don't finished them ... again AFAIK (personal behaviour about)!!!!
IMO then main problem on crypto these days is the ability of focussing !!

(we're talking about @jl777, right?)

[kenCode]

when you develop for an anarchist group of developers perhaps working for free

Every true anarchist I know is loving, strives for peace through non-violence, is organized and calculating. I don't think I'd be where I am today if I wasn't anarchist in my thinking and daily accomplishments.

Please revisit your stereotypes regarding anarchism, it's not what you might think it is.
https://youtu.be/uH6-9gx32Mc

[yellowecho]

NXT is what you get when you develop for an anarchist group of developers perhaps working for free or early miners.... maybe a bunch of younger people or teenagers some smart some not, contributing but in an unorganized fashion.... while Bitshares is a democratic system with developers who are voted in and consider work somewhat of a responsibility in terms of quality and execution because they were "hired"... the quality of work should shine through more and more.

With NXT you will get tons of startup projects.. less finished and even less that are quality approved for mainstream use. Their roadmap may seem more extensive but its just eye candy more than anything.

Spot on.

[fav]

They have SuperNET. the SuperNET wallet is easy to use, James is innovative and gets things done.

Also interesting:

- Marketplace
- Message System

[xiahui135]

nxt does have some advantages such as more stable wallet,webwallet, inner exchange, decentralized market place where you can sell some goods or service. And there is program to make a instant decentralized exchange.

[Tuck Fheman]

Let that "EvilDave" guy know in the disqus thread..

I don't think anything any of us has to say would change EvilDave's mind about NXT or BitShares. You will be wasting your time. This comes from experience.

See his Disqus history for a glimpse at your endless debate to come.  ;)

[Globally Distributed]

BitShares made a boat load of money during multiple fund raising campaigns, development is well funded for now, benefits from a centralized leadership, but I feel like if the money dries up, most the core devs would walk away and BitShares becomes abandoned.

The latest update, at least the latest I heard through a recent Mumble recording, is that Dan has secured a funding stream for long term development by all current core devs.

[bernard]

NXT has pretty much been run on zero budget with a grassroots collection of developers keen to make a decentralized system.  But this decentralized nature has meant a less organized direction or cohesion as mentioned above.

BitShares made a boat load of money during multiple fund raising campaigns, development is well funded for now, benefits from a centralized leadership, but I feel like if the money dries up, most the core devs would walk away and BitShares becomes abandoned.

[jsidhu]

NXT is what you get when you develop for an anarchist group of developers perhaps working for free or early miners.... maybe a bunch of younger people or teenagers some smart some not, contributing but in an unorganized fashion.... while Bitshares is a democratic system with developers who are voted in and consider work somewhat of a responsibility in terms of quality and execution because they were "hired"... the quality of work should shine through more and more.

With NXT you will get tons of startup projects.. less finished and even less that are quality approved for mainstream use. Their roadmap may seem more extensive but its just eye candy more than anything.

[yellowecho]

I moved here from NXT a little over a year ago. Every time I've checked back into it since then, there hasn't been anything there I've wanted to use or own. BitShares is superior in every way.

I was an early adopter of NXT on the original DGEX but sold everything and came here too.  In my experience, NXT offered a lot on the surface but the overall execution always seemed poor and unpolished.  I realize that the BitShares client has had bugs here and there but the first iteration client was far better than anything I experienced with NXT and I've been active in the internal exchange since day 1.

Exactly same situation with me. NXT in the beginning was just unhandable...I was so afraid of loosing my NXTs they way the whole thing was working so I sold everything within the first couple of weeks. I didn't have any difficulties with BTS from day 1 in handling things and never felt the same insecurity of loosing my BTS..

However...NXT clients were stabilized much faster and are stable now. BTS is far from a stable version yet. I do appreciate though that this is comparing two completely things and that's why I have moved away from NXT to BTS from the start.. But I feel that we could have done things much better and we shouldn't be where we stand today...

Agreed.  I was afraid to lose NXT as well... the interface and brain wallet just felt unsecure and amateur.  I've played with the new NXT client and it is more stable now but I'm still not attracted to their execution or community... and it seems to lack cohesion.  In fact, I think the current state of NXT is exactly where BTS would have gone if the merger hadn't happened.  And I feel you on the stability of the BTS client but most of it is in the GUI which shouldn't be a big deal and Moonstone will likely bring a lot to the table so I'm optimistic.

[mf-tzo]

I moved here from NXT a little over a year ago. Every time I've checked back into it since then, there hasn't been anything there I've wanted to use or own. BitShares is superior in every way.

I was an early adopter of NXT on the original DGEX but sold everything and came here too.  In my experience, NXT offered a lot on the surface but the overall execution always seemed poor and unpolished.  I realize that the BitShares client has had bugs here and there but the first iteration client was far better than anything I experienced with NXT and I've been active in the internal exchange since day 1.

Exactly same situation with me. NXT in the beginning was just unhandable...I was so afraid of loosing my NXTs they way the whole thing was working so I sold everything within the first couple of weeks. I didn't have any difficulties with BTS from day 1 in handling things and never felt the same insecurity of loosing my BTS..

However...NXT clients were stabilized much faster and are stable now. BTS is far from a stable version yet. I do appreciate though that this is comparing two completely things and that's why I have moved away from NXT to BTS from the start.. But I feel that we could have done things much better and we shouldn't be where we stand today...

[kenCode]

I love the educated, thorough, honest and open-minded discussions here.
Thank you everyone :)

[donkeypong]

There's a focus here that you won't find with NXT. BitShares has decentralization, but with the developers and community, there's also a common interest in profitability and making things work for the greater good. Meanwhile, NXT feels like it's all over the place. If BitShares is a tight, sexy downtown destination, then NXT is a strip mall next to the highway.

[mdj]

I spent a decent amount of time checking out NXT but I just wasn't "feeling it" in the same way as Bitshares. Also their distribution/fundraiser wasn't as fair as Bitshares. They have a lot more boxes ticked but the whole thing feels clunky and rushed.

[bytemaster]

I moved here from NXT a little over a year ago. Every time I've checked back into it since then, there hasn't been anything there I've wanted to use or own. BitShares is superior in every way.

I was an early adopter of NXT on the original DGEX but sold everything and came here too.  In my experience, NXT offered a lot on the surface but the overall execution always seemed poor and unpolished.  I realize that the BitShares client has had bugs here and there but the first iteration client was far better than anything I experienced with NXT and I've been active in the internal exchange since day 1.

Good to hear that, thanks for the feedback.

[yellowecho]

I moved here from NXT a little over a year ago. Every time I've checked back into it since then, there hasn't been anything there I've wanted to use or own. BitShares is superior in every way.

I was an early adopter of NXT on the original DGEX but sold everything and came here too.  In my experience, NXT offered a lot on the surface but the overall execution always seemed poor and unpolished.  I realize that the BitShares client has had bugs here and there but the first iteration client was far better than anything I experienced with NXT and I've been active in the internal exchange since day 1.

[btswildpig]

In theory , there always will be products that's better than BitShares in a technical or even functional point of view .

( Although this certainly not NXT ) .

But just as business in the real world , what brings BitShares to the current place is not just technology , but market force , user base , investor base .

So I wouldn't sweat it .

Same goes to Bitcoin , everyone says Bitcoin technology sucks , takes forever to send a transaction , but still , Bitcoin is the No.1 , because the user base of millions .

Technology only accounts for 30% of the success .

[fundomatic]

NXT produces block in under a minute (they want to reduce this to an 'instance').
A decentralized exchange with the current confirmation times isn't very appealing.

Unless there's a bigger plan, their recent spinning off a variety of DACs/implementations reminds what BitShares eventually had to move away from to focus on BTS.
With the funding they've got, may be they can do something about that.

At a casual glance it seemed that NXT had more work done with the supporting ecosystem: wallets, web-wallets, supporting sites.

[kenCode]

Man you guys, good points and good testimonies.
Let that "EvilDave" guy know in the disqus thread..

That post is today's news too, so your comment can be seen.

[donkeypong]

I moved here from NXT a little over a year ago. Every time I've checked back into it since then, there hasn't been anything there I've wanted to use or own. BitShares is superior in every way.

[fuzzy]

NXT doesn't have as fast or decentralized transactions (yet).  From what I understand it also doesn't scale as well as DPoS.  It is an interesting model though. 

[kenCode]

Here's a guy saying NXT is more "functional" than BitShares. This one may be worthy of your Reply to him:
https://disqus.com/home/discussion/wwwcointelegraphcom/can_lazooz_take_ridesharing_to_the_moon/#comment-1936143396