Folks, do not forget Nxt also. Taken from JPL license ( https://www.jelurida.com/jpl): "Starting from version 1.11.6, the Nxt Reference Software (NRS) is the first software to be released under the Jelurida Public License, with the Special Conditions requiring a 10% sharedrop to the NXT holders from Nxt clones." The same license terms will be applied to Ardor platform. That means, that any Nxt/Ardor clone in the future will need to give at least 10% of their cloned system forging tokens must be airdroped to existing Nxt/Ardor holders. So don't look at this project short term. That's really interesting information... this just gets better and better! Thanks for posting man! |
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Hmmm.. decisions decisions. Found a reddit post with some info, answered my question about what the point of NXT is after Ardor & Ignis come out - https://www.reddit.com/r/NXT/comments/57qrgg/nxt_ardor_and_ignis_qas/Ardor and Ignis have two different purposes that complement each other and Nxt remains as the tried and tested system that has existed for about 3 years. Companies, assets, other coins, and projects like Debune, LQD, OpenTrade Docs, and NAUT currently operate on/using the Nxt blockchain. Some people have stated a preference on using a tried-and-tested system for their projects so I expect Nxt to continue to be used down the road, on top of not every project needing their own child chain. Might go 50% NXT for airdrop, and 50% into ARDOR to hodl, @dbt1033 think this is an OK ratio? TBH i dunno what the hell I'm doing about this myself... I have some nxt i wanted to dump on people that were buying for the ICO... but I don't see any buying happening lol... probably just gonna hodl and see what happens / get the airdrop. |
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Oh, that makes sense, I thought that the NXT coins were being converted to IGNIS coins and you lose the old NXT coins.
Nope... if you don't participate in the ICO... you get the airdrop of .5 ignis/nxt AND you get to keep your nxt. |
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@dbt1033 - Great last post, as a newbie in crypto I really appreciate you taking time to give advice. Just a quick question, still trying to figure out how the Ignis ICO works, if I understand correctly: 1.) You can get some NXT now, wait for Ardor genesis and get 0.5 IGNIS per 1 NXT or 2.) You can buy into ICO directly with NXT for a JRLDA IOU token, at a rate of (right now) .76 NXT = 1 JRLDA = 1 IGNUS Why would anyone with NXT hold for the Ardor Genesis to get 0.5 IGNIS per 1 NXT, instead of buying into the ICO and pay .76 NXT for 1 IGNUS? Please enlighten  Well.. i would assume that the mentality is that you get "free coins" from the airdrop and then you can keep hodling your nxt or dump your nxt after that and buy something else... |
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It kills me to see that people are investing precious bitcoin with so little patience. I often see this with new investors... fomo all-in on one coin because a bunch of noobs are talking about it (good sign it's top), then sell for a loss to fomo a lesser all-in on another. The key to success in this game is patience. Find good projects. Then find a good place to buy them. Then wait. I like spreading my bets around... so I do serious research to determine how much of my portfolio I want a particular asset to represent. For example: Ardr is a really serious project with a really serious team. It's on several big exchanges / therefore pretty liquid. I might be ok having a bag that represents 15-20% of my portfolio on something like this. Other coins that don't meet these criteria (they might be really ambitions but with unproven dev team... or maybe they just aren't that liquid) might be a good pick to represent 3-5% of your portfolio. I understand that a lot of times, when you are new... you don't have much to play with. If this is you (no shame, we all start somewhere), pick two projects... join the slacks so you know what's going on. Follow twitter posts about the projects. Read the forums. This will help you judge sentiment. Make sure to buy at a good time to minimize a drawdown..... you can take a free trading course at www.babypips.com to help you realize what is a good buy and what isn't. When you have entered 1-2 projects, hold on for dear life. Fight the temptation to sell for a loss (unless you really fucked up with your buy... but I'm sure you will make a few mistakes along the way.) There is a lot of hype in crypto. Do not fall into the cycle of chasing hype. You want to buy projects BEFORE everyone else is talking about them, not AFTER. If everyone and their mother is talking about something, it's likely too late. Make sure to check out www.coinmarketcap.com. My favorite projects are those with <200mm market cap. This is because there is a lot of potential upside for low-medium cap projects. Good luck investing guys... it's a wild ride but can be incredibly rewarding. Learn to realize your faults, sit on your hands, and learn from your mistakes. Becoming a successful investor takes time. There is a reason 90+% fail. Be persistent. Another thing i wanted to address.... STOP looking at the damn orderbooks! Who cares if there is a buy / sell wall.... people who are much more experienced than you can place / remove them at any time. I see people all the time saying things like "oh shit a 1 btc sell wall just appeared...".... this is not a sell wall, and who cares. Plenty of ppl can much that without thinking twice. Orderbooks can be fake / can change. Fundamental / technical analysis is much more reliable. |
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It kills me to see that people are investing precious bitcoin with so little patience. I often see this with new investors... fomo all-in on one coin because a bunch of noobs are talking about it (good sign it's top), then sell for a loss to fomo a lesser all-in on another. The key to success in this game is patience. Find good projects. Then find a good place to buy them. Then wait. I like spreading my bets around... so I do serious research to determine how much of my portfolio I want a particular asset to represent. For example: Ardr is a really serious project with a really serious team. It's on several big exchanges / therefore pretty liquid. I might be ok having a bag that represents 15-20% of my portfolio on something like this. Other coins that don't meet these criteria (they might be really ambitions but with unproven dev team... or maybe they just aren't that liquid) might be a good pick to represent 3-5% of your portfolio. I understand that a lot of times, when you are new... you don't have much to play with. If this is you (no shame, we all start somewhere), pick two projects... join the slacks so you know what's going on. Follow twitter posts about the projects. Read the forums. This will help you judge sentiment. Make sure to buy at a good time to minimize a drawdown..... you can take a free trading course at www.babypips.com to help you realize what is a good buy and what isn't. When you have entered 1-2 projects, hold on for dear life. Fight the temptation to sell for a loss (unless you really fucked up with your buy... but I'm sure you will make a few mistakes along the way.) There is a lot of hype in crypto. Do not fall into the cycle of chasing hype. You want to buy projects BEFORE everyone else is talking about them, not AFTER. If everyone and their mother is talking about something, it's likely too late. Make sure to check out www.coinmarketcap.com. My favorite projects are those with <200mm market cap. This is because there is a lot of potential upside for low-medium cap projects. Good luck investing guys... it's a wild ride but can be incredibly rewarding. Learn to realize your faults, sit on your hands, and learn from your mistakes. Becoming a successful investor takes time. There is a reason 90+% fail. Be persistent. |
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I'm bad luck. I just dumped my NEO to buy in to ARDR at 0.00003337 BTC/ARDR and it started to drop almost straight away afterwards. Hopefully this is temporary  #WrongMoon  It was probably dbt dumping after he got the pump he was looking for from this post hahah jk lel... i'm about those .5% gainz I was hoping for a moonshot. Can this one be a dud? No... jesus christ have some patience |
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I'm bad luck. I just dumped my NEO to buy in to ARDR at 0.00003337 BTC/ARDR and it started to drop almost straight away afterwards. Hopefully this is temporary #WrongMoon It was probably dbt dumping after he got the pump he was looking for from this post hahah jk lel... i'm about those .5% gainz |
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Thanks man, was interested in reading more about this. |
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I bought ANS @ $8, doesn't change the fact that most of the hype surrounding it had no merit. Even a stopped clock is right twice a day. Yo come back someone needs to bump my thread plz |
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NXT showed how incompetent they are with the IGNIS ICO. Wouldn't touch any of their coins with a 10-foot pole. For anyone who isn't familiar: On Day 1 of the IGNIS ICO 100% of available tokens were sold to a single account: https://nxtportal.org/transactions/831783907619337538They bought 10 million coins in total, and the devs said they would do nothing about it. Oh, thanks for saving us "LamboMoonYacht". |
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thanks for your calls dbt1033.
i own some NXT, would it be a good idea to swap them now with ARDR?
Or to wait the NXT-IGNIS snapshot?
Personally, I have both... waiting for that ignis airdrop for nxt hodlers |
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I invested around 1000$ on it hope this is that 10X coin for me.
Is it too late to invest on SYSCOIN?
Nah, syscoin has a lot more upside. Maybe set some bids at 5k-5.5k and keep fingers crossed Sure will do that. Thanks alot No problem... good luck! |
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I invested around 1000$ on it hope this is that 10X coin for me.
Is it too late to invest on SYSCOIN?
Nah, syscoin has a lot more upside. Maybe set some bids at 5k-5.5k and keep fingers crossed |
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is there any way to get alerts about your topics? real gems
You can follow me on twitter... i usually post there too and thank you |
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Going to take a good look at Ardor and say thanks again for Syscoin, what a gem that is!
Ikr... them releasing that badass news was icing on the cake... killed it / still killin it on sys. I'm sure you'll like ardr too... really really good fundamentals / tech (which is what gets me going ) Brilliant, thanks man! Thanks again. Really wishing my extra bitcoin and ether weren't locked up on Binance.com right now. Could use a withdraw.
You and me both... it would be apt if Binance was based in Macau because trading there is like playing slots or a roulette wheel. Why can't you guys withdraw from Binance? That's concerning... |
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Thanks again. Really wishing my extra bitcoin and ether weren't locked up on Binance.com right now. Could use a withdraw.
Get off that bullshit exchange I transferred it there to get some WTC. I see you use Polo? Is it not bad for holding peoples funds? No... who told u that? I use trex and polo.... less counterparty risk to be on multiple exchanges I've seen a lot of posts on reddit. I really need to stay off of reddit to be honest. So many children. I think a lot of dumb / new money came to polo and didn't know how to use the site. I've never had one issue with them. |
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Thanks again. Really wishing my extra bitcoin and ether weren't locked up on Binance.com right now. Could use a withdraw.
Get off that bullshit exchange I transferred it there to get some WTC. I see you use Polo? Is it not bad for holding peoples funds? No... who told u that? I use trex and polo.... less counterparty risk to be on multiple exchanges |
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Thanks again. Really wishing my extra bitcoin and ether weren't locked up on Binance.com right now. Could use a withdraw.
Get off that bullshit exchange |
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