HCLivess
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Activity: 2114
Merit: 1090
=== NODE IS OK! ==
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July 25, 2016, 07:35:13 AM |
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The price made me laugh out loud this morning  Why? Is there a reason why we should be laughing? I think it is still too high to get in at these price. I am still awaiting for it to go down and have a fair bargain before buying. I kinda expected it to go back down to 2k sat to be honest, not sure if it's gonna get there any time soon. Also, I am getting about 150 NXT/day forging now, which is awesome |
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farl4web
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Activity: 1205
Merit: 1000
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July 25, 2016, 07:54:40 AM |
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I kinda expected it to go back down to 2k sat to be honest, not sure if it's gonna get there any time soon.
Also, I am getting about 150 NXT/day forging now, which is awesome
Then you have a nice supply of NXT!  I am getting less and less blocks forged, probably because of the Forging lottery, more and more people are forging and securing the network. |
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wolffang
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July 25, 2016, 09:04:21 AM |
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The snapshots for #Ardor stop in 11 weeks. What is the average amount of $ARDR you have? Get more #NXT and #stake!
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r.o.o.t
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Activity: 98
Merit: 10
http://github.com/root8/fsigDecredGUI
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July 25, 2016, 09:34:01 AM |
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I can see a great potential here. 8% up, 500 BTC traded in 24 hours  |
..-- ▰▰ DECRED.ORG ▰▰ --.. |
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Bit2EZ
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Activity: 45
Merit: 0
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July 25, 2016, 12:46:19 PM |
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The price made me laugh out loud this morning Why? Is there a reason why we should be laughing? I think it is still too high to get in at these price. I am still awaiting for it to go down and have a fair bargain before buying. I kinda expected it to go back down to 2k sat to be honest, not sure if it's gonna get there any time soon. Also, I am getting about 150 NXT/day forging now, which is awesome On what basis? Holding NXT means you get Ardor, the more NXT you hold (the door), the more Ardor you get. This should act to increase demand in NXT, so a falling NXT price right now would not make sense. There may be a sharp fall in price in September running up to the Ardor distribution but they might be counteracted by late comers trying to get in the door through FOMO. I feel the wider crypto community are ignorant to the Ardor release and many will be waking up as volume increases. |
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HCLivess
Legendary
Offline
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
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July 25, 2016, 12:53:06 PM |
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I kinda expected it to go back down to 2k sat to be honest, not sure if it's gonna get there any time soon.
Also, I am getting about 150 NXT/day forging now, which is awesome
Then you have a nice supply of NXT! I am getting less and less blocks forged, probably because of the Forging lottery, more and more people are forging and securing the network. I think I was just lucky  |
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durerus
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July 25, 2016, 01:27:54 PM |
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@bbcreporter: it is about scalability and preventing blockchain bloat. outsourcing all the beautiful functions of nxt that are not relevant for network security to childchains allows to prune the history of these much used smart transactions. the mainchain will only keep snapshots of each account's holdings of the childchaintoken, not the complete transaction history of these tokens. this leads to less blockchain bloat. less bloat also means that more transactions per second will be possible, because you can use the saved memory space to increase blocksize.
Now I understand clearly. This is an elegant solution if you do not want to start over and lose the original NXT. This also good as a sort of revival if you want user interest to come back. Thank you for your reply. No. It's the grandma of all elegant solutions By distributing 100% of the security relevant ARDR tokens to all existing NXT accounts you get the best decentralization and therefore best security for the new platform. Still NXT won't get worthless after the snapshot phase, because there will be another snapshot of NXT holdings in mid 2017 which determines the distribution of the first childchaintoken. If the team doesnt get funding before, they will ICO half of that token. Dev funding problem solved. And even after that Nxt 1.x will still be fully functional, supported and therefore not go to zero. There is elegance not only in the tech, not only in the management of the transitioning from Nxt to Ardor which gives desperate whales a chance to cash out and makes hodling investors happy, but also in the marketing possibilites that come along with that. This is the result of arduous discussions within the Nxt community. Despite all the naysayers they found the optimal solution and squared the circle. What a great team Reports about Nxt/Ardor should run on bbc news all day |
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durerus
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July 25, 2016, 01:29:57 PM |
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The price made me laugh out loud this morning Why? Is there a reason why we should be laughing? I think it is still too high to get in at these price. I am still awaiting for it to go down and have a fair bargain before buying. You realize that for every day you wait, you get a little less ARDR?  |
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HCLivess
Legendary
Offline
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
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July 25, 2016, 01:43:33 PM |
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The price made me laugh out loud this morning Why? Is there a reason why we should be laughing? I think it is still too high to get in at these price. I am still awaiting for it to go down and have a fair bargain before buying. You realize that for every day you wait, you get a little less ARDR? There will be another snapshot in Q3 2017? For NXT? curious about your signature |
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Blawpaw
Legendary
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Activity: 1596
Merit: 1027
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July 25, 2016, 01:45:17 PM |
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This is a great project that is bound to bring a lot more people and companies to the digital currency industry. It is the beginning of a new era for the blockchain technology
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raphma
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July 25, 2016, 02:12:55 PM |
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The price made me laugh out loud this morning Why? Is there a reason why we should be laughing? I think it is still too high to get in at these price. I am still awaiting for it to go down and have a fair bargain before buying. I kinda expected it to go back down to 2k sat to be honest, not sure if it's gonna get there any time soon. Also, I am getting about 150 NXT/day forging now, which is awesome On what basis? Holding NXT means you get Ardor, the more NXT you hold (the door), the more Ardor you get. This should act to increase demand in NXT, so a falling NXT price right now would not make sense. There may be a sharp fall in price in September running up to the Ardor distribution but they might be counteracted by late comers trying to get in the door through FOMO. I feel the wider crypto community are ignorant to the Ardor release and many will be waking up as volume increases. i kinda agree with you, but there are tons of traders who doesnt give a damn about ardor and just want to make some fast money by buying some nxt and sell at the suport/resistance. So, at some point, it will probably fall(dont know how much tho) |
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habraken
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July 25, 2016, 02:37:19 PM |
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There will be another snapshot in Q3 2017? For NXT?
curious about your signature
The NXT snapshot in Q3 2017 is for the distribution of 'FNX' (it still needs a proper name), the first childchain on the Ardor blockchain. Read on www.nxt.org/roadmap |
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nagatraju
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July 25, 2016, 04:24:41 PM |
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I kinda expected it to go back down to 2k sat to be honest, not sure if it's gonna get there any time soon.
Also, I am getting about 150 NXT/day forging now, which is awesome
How many NXT you hold in your wallet, to get those 150NXT per day for forging? |
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farl4web
Legendary
Offline
Activity: 1205
Merit: 1000
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July 25, 2016, 06:06:15 PM |
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luis77
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July 25, 2016, 10:08:28 PM |
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I have 70000 nxt and have been forgin for more than 5 days and never get anything. Do you know why could it be?
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ICOcountdown.com
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July 25, 2016, 10:37:11 PM |
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I have 70000 nxt and have been forgin for more than 5 days and never get anything. Do you know why could it be?
You need to wait until redemption period is over. |
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StolenCoinSalesman
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July 25, 2016, 10:43:10 PM
Last edit: July 25, 2016, 11:50:35 PM by StolenCoinSalesman |
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I have 70000 nxt and have been forgin for more than 5 days and never get anything. Do you know why could it be?
You need to wait until redemption period is over. He is talking about forging a block in general. With 70k you might forge a block once a week by my guess. I like the forging bounty but it would be nice if they sent coins to people who are putting up the effort to forge with small amounts. |
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StolenCoinSalesman
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July 25, 2016, 11:49:58 PM |
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I have 70000 nxt and have been forgin for more than 5 days and never get anything. Do you know why could it be?
You can also join a forging pool |
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