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What is Bitcoin’s Ceiling?

Just a year ago, a post here on NXTER relayed predictions saying that Bitcoin’s value would reach or go beyond $500 by the end of 2016. True enough, it exceeded $800. This value, however, is minuscule given the fact that the cryptocurrency recently hit $16,000 per unit – a record high. The meteoric rise of Bitcoin …

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NXT Market Report: 10 November 2014

Welcome to this week’s market report. It was again a rather unspectacular week – NXT tried a few times to overtake DOGE but didn’t make it in the end. During the last week NXT’s market capitalization increased by 5.1% whereas Bitcoin’s gained by 10.5%. The average daily volume was about USD 40’000. Happily the number …

Read moreNXT Market Report: 10 November 2014

NXT Market Report: 3 November 2014

Welcome to this week’s market report. We’ll start by having a look at last week’s price development: NXT decreased in price by 12.8% whereas Bitcoin declined by 7.1%. The trading volume has been stable on a low level with an average of about USD 40’000 mainly traded on Bter, hitbtc and BTC38, which is a …

Read moreNXT Market Report: 3 November 2014

NXT Market Report: 27 October 2014

Welcome to this week’s market report. It won’t be a long one since the last few days have been lacking action, as reflected in the market capitalization and the trading volume (source: coinmarketcap.com). NXT’s market capitalization decreased by 1.5% with an average daily trading volume of about USD 50’000 with a peak at USD 90’000 …

Read moreNXT Market Report: 27 October 2014

NXT Market Report: 20 October 2014

Welcome to this week’s market report. Although NXT experienced a rather unspectacular week, it nevertheless ended happily: We are back to #5 on coinmarketcap.com! To be honest it didn’t happen because of NXT’s strength but because our competitors have decreased more in price, especially Dogecoin which has been undergoing a small sell off.  NXT’s market capitalization …

Read moreNXT Market Report: 20 October 2014

NXT Market Report: 13 October 2014

Welcome to this week’s market report. To be honest, there aren’t that many new topics to write about. The last few days have been quite calm and unspectacular following the recent Bitcoin price crash. The market has recovered reasonably well since the last market report and we are now seeing the price up by 15.5% …

Read moreNXT Market Report: 13 October 2014

NXT Market Report: 6 October 2014

  Welcome to this week’s market report. The last seven days have been spectacular and very interesting. We’ve seen a massive decrease in the price of Bitcoin and, at the same time, the launch of a number of promising NXT projects. As usual we start the report by comparing market capitalizations. NXT has declined in price …

Read moreNXT Market Report: 6 October 2014

NXT Market Report: 29 September 2014

Welcome to this week’s market report. Another calm week for NXT – total market capitalization has declined by 6.9% whereas Bitcoin’s total value decreased by 5.1%, meaning that NXT’s price has remained almost stable. On coinmarketcap.com we are now #6, after Dogecoin, which is still performing very well after the announcement of the merged mining …

Read moreNXT Market Report: 29 September 2014

NXT Market Report: 22 September 2014

Market Cap Welcome to this week’s Market Report. The last few days have been fairly unspectacular, which is nice after all the recent excitement. NXT declined 19.6% in price whereas Bitcoin decreased by 15.1% meaning that NXT’s loss was relatively small and can be explained as a normal market reaction to the rise we saw …

Read moreNXT Market Report: 22 September 2014

NXT Market Report: 15 September 2014

Market Cap Welcome to this week’s market report. Reviewing what’s been happening in the last few days is a real pleasure. At the time of writing NXT may have gained ‘only’ 1% in price but during the course of the week (12 September) NXT was valued at USD 43.2m and therefore reached its highest price since …

Read moreNXT Market Report: 15 September 2014

NXT Market Report: 8 September 2014

Market Cap Welcome to this week’s market report. First of all I would like to apologize for the missing report (1 September), there were just too many things going on. I hope that this won’t ever happen again! But now back to the actual topic: The last two weeks have been amazingly interesting for NXT, …

Read moreNXT Market Report: 8 September 2014

Nxt Market Report: 25 August 2014

Market Cap Welcome to this week’s market report. It’s been another interesting week and we have plenty to write about. We start by having our usual look at the current market capitalizations. Since the last market report NXT has decreased in price by 6.5%. Additionally the trading volume, according to coinmarketcap, has been on a downtrend – it reached its …

Read moreNxt Market Report: 25 August 2014

Nxt Market Report: 18 August 2014

Market Cap Welcome to this week’s market report. We start by having a look at the current market capitalizations. Since the last market report NXT has decreased in price by 14.1%. The trading volume, much bigger than we have seen in the past few weeks,  reached a peak of USD 200’000 (12 August) but after the 15 August, when …

Read moreNxt Market Report: 18 August 2014

NXT Market Report: 11 August 2014

Market Cap Welcome to my second market report. First, let’s have a look at today’s market capitalizations. Since the last report Nxt has decreased in price by 14.35% on a steady volume of around USD 100’000. In the past few hours the volume reached a peak of USD 170’000 – a possible explanation is the release of the …

Read moreNXT Market Report: 11 August 2014

NXT Market Report: 29 July 2014

Market Cap Welcome to today’s market report. My nxtforum.org name is KarlKarlsson and I will be writing these reports weekly. I have been working full time in the financial sector in Switzerland for some years now as a market analyst. I started watching the crypto markets in late 2013, found NXT in January and have since made …

Read moreNXT Market Report: 29 July 2014

NXT Market Report 150514

By lightspeed. May 15th 2014: 14:00 UTC – Interim Report. Battering Ram Round 3 ************************************************************************** Current market depth (BTER): Bids: 1.3 Million NXT Asks: 0.65 Million NXT Source: Bitcoinwisdom. Reach on BTER: 10,000 NXT = 7598 Satoshis 50,000 NXT = 7598 100,000 NXT = 7599 200,000 NXT = 7850 500,000 NXT = 8000 Today’s 500,000 cashout …

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NXT Market Report 120514

May 12th 2014: 22:00 UTC – by lightspeed Interim Report Battle Lines Drawn @ 7500 ************************************************************************** Current market depth (BTER): Bids: 2.4 Million NXT Asks: 0.6 Million NXT Source: Bitcoinwisdom. (NOTE: Altcoincharts and BCW do not agree at the moment, however the latter source appears unserviceable for NXT market depth) Reach on BTER: 10,000 NXT …

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NXT Market Report 100414

May 10th 2014: 12:00 UTC – Interim Report. Cool Off Period (Hold your fire) ************************************************************************** Current market depth (BTER): Bids: 1.4 Million NXT Asks: 0.5 Million NXT Source: Bitcoinwisdom Current market depth (Cryptsy): Bids: 0.19 Million NXT Asks: 0.035 Million NXT Source: cryptocoincharts Reach on BTER at the moment: 10,000 NXT = 6998 Satoshis 50,000 …

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Nxt Market Report 280414

By lightspeed April 28th 2014: 18:00 UTC – “I’M A STAKEHOLDER GET ME OUT OF HERE” (BULLISH VERSION) ****************************************************************************** Just a brief update to draw attention to what looks like being a bit of a turnaround in the steady bleed on the markets. Current market depth (BTER): Bids: 0.296 Million NXT Asks: 0.242 Million NXT …

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Nxt Market Report 220414

By lightspeed Current market depth (BTER): Bids: 0.29 Million NXT Asks: 0.24 Million NXT Prognosis: April’s price profile has continued its slow bleed and we may now re-test the mid-march low of 4100. The month’s trading so far has been characterised by many small trades interspersed with some very large buy-ins which, in a few …

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