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can some one fill me in on how NXT is going, it seemed to be one of the best but the devs seem to be going to other projects, this is general impression i had ....

It also seemed to have so many features ....


did the initial distribution kill it?

NXT is undergoing a renaissance ... it was beautiful, still is, and gets better by the day!

NXT tech is superior to nearly everything else, but yes, the distribution didn't fund development, and while it was 100% fair, it did create a LOT of jealousy, and was a nightmare for community to overcome.

The great thing with NXT 2.0 is all the good things remain, BUT the previous mistakes have been corrected!

This is awesome, correcting mistakes and keeping the good. What better way to go?

With this distribution model, there should be no excuse for those that miss the train.

Exactly this, the shade in which NXT is hiding was too strong, perfect opportunity for investing.
It is still 1100x cheaper than BTC and Ardor could bring in some sunlight.

I used to hate on NXT when I was a noob. What a child I was back then.

Jean Paul is a competent developer
Riker is qualified I guess

Not sure who left, but everyone freaked out about jl777 leaving.
He was a shady guy at best

I Don't know where now this stats. but last i'm seen at market this coin going down too deep. ;D

Hi there, so you're one of investors who prefer to buy high. Nice to meet you and welcome :)

8000 satoshi to 80, that's too deep (HBN).
6000 to 1000 is actually quite a success, while keeping the $ value relatively stable

The best time to buy is when most are at the point of maximum despair. I think we are past that point now but the price is low enough to be a good investment. In a month people will regret not buying in now and  have to pay a much higher price for a stake in nxt 2.0.

The market just figured it this is the cheap way to get into NXT 2.0.  There will always be speculators but you have to figure a good amount of people are buying to hold for snapshotting in July.

Thank god I didn't touch my NXT, still early to sell though

Very early. Especially by looking at the competitor like DAO. NXT can make it 100x or more.
Thank god for the DAO for showing us the way.

The way of how NXT is underpriced :D

Nxt is seriously underpriced. An alt coin with an $11 million market cap does not get articles in Forbes for no reason.

jl777 back on the job???

I hope you guys realize that nxt WILL dump once ardor snapshots are done. Then nxt has zero roadmap for the future and the devs leave nxt and  get a stealth ico for their new altcoin that uses some nxt code.

Rip nxt.

Jl777 left nxt because the devs became dictators.

Now the devs want to leave too.

jl777 was never a nxt developer.
He doesn't speak java, he only knows C.

I back this claim

The Ponzi grandmaster left? That could actually be a reason to buy some.

I know he's a c guy, but has some pretty incredible ideas. You can decompose a robust dectralized system and pass it along to Java devs for implementation. In any regard, I love NXT! It's a great model for what's trying to get accomplished, ICO or not.  I hope this push works out for the people that care!

jl777 is good at promoting his ego though :D

Nxt was originaly a platform for develpers to build on. However they refused to include backwards compatibility support for their api's. This def broke several nxt community projects.

Now nxt devs seek to take the tech to the "next" level. But inorder for this to happen the original nxt is being abandoned, yes?

Do the nxt devs have a plan to hand over original nxt development to someone else?

@newbie, do you have anything to say that is outside of your current vocab?

Tldr

Nxt tech is evolving into a new altcoin called ardor. Nxt 1.0 tech is seemingly going to be abandonded.
Ardor is running a stealth ico if you're into that sort of thing.

There is over a billion Nxt for sale on Poloniex, but I can't find how many Nxt are for sale on btc38. Btc38 is the biggest Nxt exchange, and I would guess there must be 3x or 4x more Nxt for sale on it. The Poloniex Nxt for sale added to the btc38 Nxt for sale might be 30% to 50% of all existing Nxt.


Furthermore, there were $2,507,740 total traded Nxt traded yesterday. Although the Nxt distribution wasn't wide enough, this new NXT 2.0 Ardor distribution will certainly be wide enough. The whales from the Nxt distribution must have sold all their coins long ago if 50% of all Nxt are for sale on exchanges, and a further few percent are being traded every day.

Interesting comment. So there are more nxt being sold then exist?

No, there are arguably up to 50% of Nxt for sale on Poloniex and btc38. Poloniex has 10% and btc39 must have more because it has 3 or 4 times the volume of Poloniex.

The $2,507,740 total traded today figure is from coinmarketcap. If you divide it by the price of one Nxt now ($ 0.017753) it works out to about 1.5% of all Nxt being traded per day, but it's probably more like 2% of all Nxt being traded per day because the price has gone up 50% in the last day.

Anyone can buy them, which makes the NXT 2.0 Ardor distribution fair and wide enough.

There was one api call broken that jl777 admitted himself can be searched-replaced in his code in 15 minutes but he used this as an excuse and rage quit. Nxt is the most versatile platform on the market, code is evolving all the time. Changes are inevitable and devs do warn in advance and they did warn about that one api call in advance.
There are 999 million coins, 1 million was destroyed.
You should try a better quality fud, it is so uninformed and ignorant.

What Happens to nxt once ardor starts?

Devs pledge to support it up to Q3 2018, possibly longer if there is demand.
Market will decide what happens to it. Other devs can take over and develop Nxt 1.0 after 2018, it's an open source project.

I'm trying to understand the logic, it doesn't seem to make much sense. Ardor is NXT 2.0.  NXT 1.x investors are getting the benefit of higher prices since it's the only way to get into Ardor (NXT 2.0) and the new chain is accumulating a user base without having to offer an ICO. Stealth my ass, the announcement is black and white WEEKS before the snapshots even begin.  Everyone wins. It's a little confusing upfront since you don't see projects taking this honest approach. Ardor could easily raise a lot in BTC with an ICO, the NXT community decided a different path.

How would you describe it then?

How would I describe the project?  By investing in a proven technology that's NXT 1.x, you also get the benefit of getting an airdrop for NXT 2.0.  By saving your NXT 1.x coins in your wallet, you are rewarded by frequent snapshots taken which go toward your NXT 2.0 amount.

I'll describe it as, you had a whole year to buy NXT under 0.01$, guess you missed the opportunity :)

It; as in, the new distribution of ardor tokens plus pre mine

No, after snapshot, there is still 50% of the first child chain token that will be distribute following your NXT holding exactly at 2.0 fork. Only then NXT 1.0 token will be less important.

Overall it was a super smart decision to go that route. Everyone gets a bit out of this:
- Speculators can ride a pump.
- New users pay attention.
- Disillusioned whales get volume to sell into.
- Loyal hodlers get additional new coins.
- Distribution gets better.
- Developers get new funding.
- And since it's a new approach, nobody knows what will happen, and can't game it easily.

This might have negative sides we can't predict either (i.e. the long timeline might be tricky), but so far: Respect.

That whole thing of -Nxt 2.0-,-Ardor-,etc   has Nxt returned to the headlines.

~20 hours remain before hard fork at block 1,000,000, upgrade to Nxt wallet version 1.10.1 or higher.

Does that mean there is going to be another NXT pump?

I will keep my eyes glued to the charts ;D

still holding my few nxt hoping for another pump might be also good to buy more if there's another jump happen surely profits for us guys.

Why would you think there will be a pump? I'm genuinely curious. I'd expect the price to stay more or less the same, maybe with a little downward trend. With Ardor snapshots ending, one reason to hold NXT is gone.

I think NXT will still pump but not presently, Ardor token will be the darling of investors from tomorrow and I see people dumping their NXT now until the next snapshot for Ignis Asset token

If Ardor will be the darling of investors, future investors must buy NXT first to buy Ardor on the built-in exchange. As Ardor platform hits a testnet and approaches launch time, demand for Ardor may rise, automatically increasing demand for NXT. Because you need NXT to buy Ardor on the built-in exchange, did I mention it? Uh yes I did.
So there you go, demand for NXT has direct correlation with demand for Ardor.

i think after addor is complete distribution
NXT can gone and die

It can happen only if core devs, traders, community entusiasts and whales will abandoned NXT.

when does one have to hold NXT for the IGNIS snapshots?

thanks

There will be a one-time snapshot in tentative Q3 2017 when the Ardor platform is scheduled for launch.

Cant get connected to Nxt wallet anyone else?

Any news on the distribution of Ardor tokens especially for us that use exchanges' wallet, I've been to poloniex but no news concerning this

Which one? Make sure you run the latest 1.10.2.

So will Ardor token be used to pay fees or just used for mining blocks? How are fees going to be paid on the child chains? if its the native child token, then how does one derive how much fees are paid if i issue 10 trillion tokens?