Bitcoin Forum

This is the first time I participated in this kind of an airdrop and I don't know if I will be upset or be hopeful on the price of IGNIS once its credited to my account. Few minutes before the snapshot, Bittrex halt NXT trading for the snapshot which is fine and I expected but what I didnt expect is when trading resumes, price is already down to 5k Sats which is really surprising. So I lost almost half of my investment in NXT and now I am wondering how much IGNIS will be worth when its open for trades. I hope its all worth it but anyway, this is trading, expect the unexpected.

i think you are not alone sir...
a lot of people have a same problem about NXT.
And for now, we can only wait for next month (Q1 2018)

Hello. Hindsight is always 20/20. i sold half of my nxt before airdrop and kept the other half for ignis. Lets see what the future brings. I try to minimize my risks

Cheers

I think it will worth it if you buy in early and not at the top, I expect the price of NXT to dump significantly but if the price of Ignis is a high as the current price of Ardor I believe your decision to be apart of the snapshot worth it

I did the same... but anyone knows how long we have to wait for the airdrop?

According to Jelurida site airdrop will be made by January 1 2018 however Bittrex exchange site has not made an announcement yet if they will also launch IGNIS in Bittrex on January 1 2018. So far if you check the price of IGNIS [futures] its showing a good price ($5.61) but of course we cant always rely on that and maybe once IGNIS is listed, price will be lower than that.

I guess this is the best strategy to adopt, I came to the same conclusion but was not coherent enough to actually do it. Lessons for the future.

Does anyone know what time the snapshot was taken? EST? GMT? MST? I grabbed some NXT before it hit the ground yesterday so I'm just curious when that snapshot hit to see if I did receive IGNIS.

Oh man, you've chosen the best option to minimize risk. This is my first airdrop experience and I put all my assets on NXT to get IGNIS, look how dumb I am. I'll hope that IGNIS can turnover my lose on NXT and give me a profit.

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Any thoughts that IGNIS will dump more as well as NXT? Or IGNIS will pump after its release on the major exchanges?

Same as I feel who can guarantee the next coin hardfork of nxt, ignis will not be dumped?
I doubt this coin will be better than nxt, or even worse. but hopefully ignis at least can cover the losses we all who bought nxt before.
I want to ask, whether there will be airdrop again for nxt holder besides ignis? because I hear a lot more news there will be more airdrop next

I am not clear about what exactly happened in Bittrex during the snapshot.
I knew the trade was halted several minutes before the snapshot. During the halt period, could we cancel our orders, or put new orders?

Sold a half at 8300 and hold another half for ignis airdrop.
Scenario when NXT will be dumped after IGNIS airdrop - was rather expected.

This happen when ARDOR Snapshots, I learn much about this and I think all the loss will recovered from the IGNIS.

I hold IGNIS will sell above $10 or more, my expectation on 2018.

Nobody knows what will happen but right now looking on coinmarketcap those who have made this move are happy with themselves. Generally, with future exchange in Holland and Austria moving on this market ignis can have a good use in Europe. 

A lot of whales get rekt by nxt,now IGNIS is worth $11dollars 30mins ago it was $28 what will be the future of this coin?

Yes , after you invested , the only thing you should do is waiting , let the market to decide the price . Patience is a good habit some times.

For now, the cost of getting IGNIS seems a little high, so I don't think it's worth it, it's not an exchange of strokes.

any kind of free money like airdrop will make any coins drop in value, so I am sure there's will be a significant dump on IGNIS. But yeah you know, there's no telling if some coin will pump like Bcash.

Recent dumpage of NXT rekt a lot of people but today IGNIS shows potential to grow more,it is $21 as of now.

I just simply can't believe this.
If Ignis is worth $21, what will be Ardor? Will it be worth $50?
That is really insane. But who knows, this is crazy cryptocurrency world.

You know that ignis just another fork coin and then does it make sense if you are saying that the ignis will better than nxt, i believe that even worse than nxt. Look at the chart how nxt grow from nothing.
It just likes the bitcoin with its fork coin. the price of fork coin should be lower than nxt. A lot of my friends lost a lot in nxt caused by ignis.

Don't make that conclusion yet.
If you held Nxt when snapshot happened, you should have Ignis on Jan. 1, 2018.
If Ignis turns out to be very valuable, you lose nothing.

Can somebody pls explain what the hell ignis and snapchat or snapshop or snapshot is? I have some nxt as well

you can read the chat above. airdrop will be distribution on 1 january 2018.
it means snapsho has been done in few days ago. you can sell your nxt now. its too late and you cant participated the airdrop if you buy nxt today.

we don't know yet if its worth or not until its price may settle down once airdrop distribution is complete this january 1 and it depends on where you bought your nxt like for me I bought my nxt at 12400 sats so i'm currently losing big amount if we look at the current price of nxt and i hope ignis can give good price so it can offset my loss in NXT

I have heard good mention about IGNIS. Maybe it is really worth to get some airdropped coins. But telling the truth at last time I haven not saw any effective coins that were spread for free (or too small amount)