CRYPTO CURRENCIES GUIDE FOR INVESTORS (very BIASED from the Nxt community )

“Mixed systems: some currencies are mixing these mechanisms, like Peercoin (PoW & PoS)
or Fluttercoin (all three systems). Developers working on these currencies think that by
mixing the technologies, they are mitigating the risks associated with any single one of them.”

“Peercoin. A combination
of PoS and PoW currency.
Slowly declining, small
community around it.”

[quote=“crypto_coiner, post:1, topic:3137”]“Peercoin. A combination
of PoS and PoW currency.
Slowly declining, small
community around it.”[/quote]

Total BS, peercoin isn’t declining if anything it’s holding it’s value better than most alt coins. In fact it held it’s value while bitcoin crashed a couple of weeks ago.

[quote=“crypto_coiner, post:1, topic:3137”]“Mixed systems: some currencies are mixing these mechanisms, like Peercoin (PoW & PoS)
or Fluttercoin (all three systems). Developers working on these currencies think that by
mixing the technologies, they are mitigating the risks associated with any single one of them.”[/quote]

This is also incorrect, since Peercoin gets its security solely from proof of stake. Proof of work is only used for distribution and doesn’t contribute to network security. I wonder if the NXT people even realize this.

I think this kind of thing actually does more damage to Nxt than it does to Peercoin in the long term. Many serious investors that haven’t already dismissed Nxt due to its distribution will probably be put off by the way they market themselves like a penny stock, even if they do have some legitimate development.

This is an old document. The charts on page 13 end in May. NXT doesn’t look so hot when you compare this document’s charts to the most recent 180 days. http://coinmarketcap.com/currencies/nxt/#charts

That’s why they probably haven’t updated it 8)