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Author Topic: Has NXTs price peaked?  (Read 6706 times)
ttookk (OP)
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September 21, 2016, 12:38:04 PM
 #61

Now you are just making up reasons thru your metaphors. But ok I will wait for that "NXT car" and let us see how it will go.

So from your final question you are clearly saying multi million dollar companies have no use for NXT. At least in that we both agree.

I can't wait myself to test the car prototype, understand your impatience Smiley

It would be utter nonsense to believe multi million dollar companies care about decentralized cryptocurrency. They will have their own custom centralized ledgers if their workflow requires them.

Decentralized cryptocurrency is for "we, the people" and for small companies, communities who can't afford to create and maintain their own ledgers. The latter is clientele of the Nxt 2.0 platform - they get help and outsource the need for a secure and reliable ledger to professionals. Similar to how they outsource other specialized jobs to contractors. The Nxt 2.0 "car" will carry much more than the Nxt 1.0 "motorcycle". Many of us love to have fun riding bicycles too, can't take that away.

That remains to be seen my friend. Until we see the day that the "NXT car" is being used effectively in the real world in a massive scale then it is all hype for now. Also the hype seems to be waning because look at the price of NXT it is going down. If you use that as a barometer it could mean that there is no interest in Ardor.

Also I advice everyone to look at this whole situation with care because it could be an exit strategy by the people behind NXT. So far it is not working because the price did not go up big.

I agree that it remains to be seen. As all serious investments this one is a long play. If it was fast, easy and surefire, there would be no honor in winning. The price is going down and it's not unexpected: a lot of people bought NXT for a short play to gain some Ardor and sell before the snapshot period is over. They will not get full amount of Ardor because they sell early, from their actions they probably don't care about the technology and it's alright, not everyone must or can. There are also investors who don't sell early, they need their full Ardor balance and then some after it starts trading on exchanges.

…wait, I'm confused. How are you able to get Ardor if you don't hold your NXT to the very end? I thought only those holding NXT at oct. 14th get Ardor?
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September 21, 2016, 12:44:35 PM
 #62

Now you are just making up reasons thru your metaphors. But ok I will wait for that "NXT car" and let us see how it will go.

So from your final question you are clearly saying multi million dollar companies have no use for NXT. At least in that we both agree.

I can't wait myself to test the car prototype, understand your impatience Smiley

It would be utter nonsense to believe multi million dollar companies care about decentralized cryptocurrency. They will have their own custom centralized ledgers if their workflow requires them.

Decentralized cryptocurrency is for "we, the people" and for small companies, communities who can't afford to create and maintain their own ledgers. The latter is clientele of the Nxt 2.0 platform - they get help and outsource the need for a secure and reliable ledger to professionals. Similar to how they outsource other specialized jobs to contractors. The Nxt 2.0 "car" will carry much more than the Nxt 1.0 "motorcycle". Many of us love to have fun riding bicycles too, can't take that away.

That remains to be seen my friend. Until we see the day that the "NXT car" is being used effectively in the real world in a massive scale then it is all hype for now. Also the hype seems to be waning because look at the price of NXT it is going down. If you use that as a barometer it could mean that there is no interest in Ardor.

Also I advice everyone to look at this whole situation with care because it could be an exit strategy by the people behind NXT. So far it is not working because the price did not go up big.

I agree that it remains to be seen. As all serious investments this one is a long play. If it was fast, easy and surefire, there would be no honor in winning. The price is going down and it's not unexpected: a lot of people bought NXT for a short play to gain some Ardor and sell before the snapshot period is over. They will not get full amount of Ardor because they sell early, from their actions they probably don't care about the technology and it's alright, not everyone must or can. There are also investors who don't sell early, they need their full Ardor balance and then some after it starts trading on exchanges.

…wait, I'm confused. How are you able to get Ardor if you don't hold your NXT to the very end? I thought only those holding NXT at oct. 14th get Ardor?

exactly, well orchestrated pump. Made quite a few benefits on Nxt and now got free ardors. It may be worth it to jump in for ignis and another last pump, but for the moment I am not touching this falling knife.
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September 21, 2016, 02:12:34 PM
Last edit: September 21, 2016, 02:24:00 PM by freshman777
 #63

…wait, I'm confused. How are you able to get Ardor if you don't hold your NXT to the very end? I thought only those holding NXT at oct. 14th get Ardor?

Where did you read this? The Ardor announcement thread is the official information source for Ardor, don't read the Poloniex trollbox.

We have 3 weeks of Ardor snapshots left to flow into balances until trading of Ardor starts. Wow, I just realized this, 3 weeks only. Soon it will be a healthy bit less boring, Ardor speculation will be fun to play till Q3 2017.
1 Ardor should easily be >= 1 NXT.

ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
sandiman
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September 21, 2016, 02:38:10 PM
 #64

…wait, I'm confused. How are you able to get Ardor if you don't hold your NXT to the very end? I thought only those holding NXT at oct. 14th get Ardor?

Where did you read this? The Ardor announcement thread is the official information source for Ardor, don't read the Poloniex trollbox.

We have 3 weeks of Ardor snapshots left to flow into balances until trading of Ardor starts. Wow, I just realized this, 3 weeks only. Soon it will be a healthy bit less boring, Ardor speculation will be fun to play till Q3 2017.
1 Ardor should easily be >= 1 NXT.

Could you care to elaborate the bold sentence ? this has no meaning unless you state the price of one NXT
freshman777
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September 21, 2016, 02:46:05 PM
 #65

…wait, I'm confused. How are you able to get Ardor if you don't hold your NXT to the very end? I thought only those holding NXT at oct. 14th get Ardor?

Where did you read this? The Ardor announcement thread is the official information source for Ardor, don't read the Poloniex trollbox.

We have 3 weeks of Ardor snapshots left to flow into balances until trading of Ardor starts. Wow, I just realized this, 3 weeks only. Soon it will be a healthy bit less boring, Ardor speculation will be fun to play till Q3 2017.
1 Ardor should easily be >= 1 NXT.

Could you care to elaborate the bold sentence ? this has no meaning unless you state the price of one NXT

Ardor will be traded on the NXT asset exchange, prices will be in NXT.
One or few centralized exchanges may or may not add trading of Ardor priced in satoshi.

Initially to buy Ardor you will need NXT. I don't care what price of NXT will be, I am talking what price of Ardor in NXT can easily be because it's so important to the future 2.0 platform. I don't see why it shouldn't be >= 1 NXT. Now since you obviously only care about satoshi price, I'll let you do math on it, since my concern is the long play that the 2.0 platform promises vs short term satoshi gains.

ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
sandiman
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September 21, 2016, 03:09:16 PM
 #66

…wait, I'm confused. How are you able to get Ardor if you don't hold your NXT to the very end? I thought only those holding NXT at oct. 14th get Ardor?

Where did you read this? The Ardor announcement thread is the official information source for Ardor, don't read the Poloniex trollbox.

We have 3 weeks of Ardor snapshots left to flow into balances until trading of Ardor starts. Wow, I just realized this, 3 weeks only. Soon it will be a healthy bit less boring, Ardor speculation will be fun to play till Q3 2017.
1 Ardor should easily be >= 1 NXT.

Could you care to elaborate the bold sentence ? this has no meaning unless you state the price of one NXT

Ardor will be traded on the NXT asset exchange, prices will be in NXT.
One or few centralized exchanges may or may not add trading of Ardor priced in satoshi.

Initially to buy Ardor you will need NXT. I don't care what price of NXT will be, I am talking what price of Ardor in NXT can easily be because it's so important to the future 2.0 platform. I don't see why it shouldn't be >= 1 NXT. Now since you obviously only care about satoshi price, I'll let you do math on it, since my concern is the long play that the 2.0 platform promises vs short term satoshi gains.

Great, another asset that will create the ponzi we've seen for all valuable asset of nxt (which imo are not that valuable). When nxt pump, they pump, when next sink, they sink...
Fiat or at least BTC integration is the goal here my friend.
freshman777
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September 21, 2016, 03:14:17 PM
 #67

…wait, I'm confused. How are you able to get Ardor if you don't hold your NXT to the very end? I thought only those holding NXT at oct. 14th get Ardor?

Where did you read this? The Ardor announcement thread is the official information source for Ardor, don't read the Poloniex trollbox.

We have 3 weeks of Ardor snapshots left to flow into balances until trading of Ardor starts. Wow, I just realized this, 3 weeks only. Soon it will be a healthy bit less boring, Ardor speculation will be fun to play till Q3 2017.
1 Ardor should easily be >= 1 NXT.

Could you care to elaborate the bold sentence ? this has no meaning unless you state the price of one NXT

Ardor will be traded on the NXT asset exchange, prices will be in NXT.
One or few centralized exchanges may or may not add trading of Ardor priced in satoshi.

Initially to buy Ardor you will need NXT. I don't care what price of NXT will be, I am talking what price of Ardor in NXT can easily be because it's so important to the future 2.0 platform. I don't see why it shouldn't be >= 1 NXT. Now since you obviously only care about satoshi price, I'll let you do math on it, since my concern is the long play that the 2.0 platform promises vs short term satoshi gains.

Great, another asset that will create the ponzi we've seen for all valuable asset of nxt (which imo are not that valuable). When nxt pump, they pump, when next sink, they sink...
Fiat or at least BTC integration is the goal here my friend.

You ought to wait for the top price and sell all of your Ardor if you hold any and don't believe it will be useful in the future. The opportunity presents itself as early as October. Only a 3 week wait, my friend, be patient and you'll be able to offload it all very soon.

ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
sandiman
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September 21, 2016, 03:57:56 PM
 #68

…wait, I'm confused. How are you able to get Ardor if you don't hold your NXT to the very end? I thought only those holding NXT at oct. 14th get Ardor?

Where did you read this? The Ardor announcement thread is the official information source for Ardor, don't read the Poloniex trollbox.

We have 3 weeks of Ardor snapshots left to flow into balances until trading of Ardor starts. Wow, I just realized this, 3 weeks only. Soon it will be a healthy bit less boring, Ardor speculation will be fun to play till Q3 2017.
1 Ardor should easily be >= 1 NXT.

Could you care to elaborate the bold sentence ? this has no meaning unless you state the price of one NXT

Ardor will be traded on the NXT asset exchange, prices will be in NXT.
One or few centralized exchanges may or may not add trading of Ardor priced in satoshi.

Initially to buy Ardor you will need NXT. I don't care what price of NXT will be, I am talking what price of Ardor in NXT can easily be because it's so important to the future 2.0 platform. I don't see why it shouldn't be >= 1 NXT. Now since you obviously only care about satoshi price, I'll let you do math on it, since my concern is the long play that the 2.0 platform promises vs short term satoshi gains.

Great, another asset that will create the ponzi we've seen for all valuable asset of nxt (which imo are not that valuable). When nxt pump, they pump, when next sink, they sink...
Fiat or at least BTC integration is the goal here my friend.

You ought to wait for the top price and sell all of your Ardor if you hold any and don't believe it will be useful in the future. The opportunity presents itself as early as October. Only a 3 week wait, my friend, be patient and you'll be able to offload it all very soon.

Please sell me your crystal ball  Roll Eyes
freshman777
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September 21, 2016, 04:16:22 PM
 #69

You don't need a crystal ball to know that trading begins in October Cheesy

ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
ttookk (OP)
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September 21, 2016, 07:17:38 PM
 #70

…wait, I'm confused. How are you able to get Ardor if you don't hold your NXT to the very end? I thought only those holding NXT at oct. 14th get Ardor?

Where did you read this? The Ardor announcement thread is the official information source for Ardor, don't read the Poloniex trollbox.

We have 3 weeks of Ardor snapshots left to flow into balances until trading of Ardor starts. Wow, I just realized this, 3 weeks only. Soon it will be a healthy bit less boring, Ardor speculation will be fun to play till Q3 2017.
1 Ardor should easily be >= 1 NXT.

I can't really remember, where I read this. I guess, I just assumed… Dunno how I got to that conclusion, though.
sandiman
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September 22, 2016, 09:35:12 AM
 #71

You don't need a crystal ball to know that trading begins in October Cheesy

if everyone knows it, won't happen. Welcome to the market my friend. Trading already begun long time ago on nxt  Wink
freshman777
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September 22, 2016, 10:36:08 AM
 #72

You don't need a crystal ball to know that trading begins in October Cheesy

if everyone knows it, won't happen. Welcome to the market my friend. Trading already begun long time ago on nxt  Wink

What do you mean trading won't happen in October? Smiley

I am talking about trading of Ardor token, it will be available for trading on October 12th on the NXT asset exchange.

You keep talking about NXT price. We're talking about different things, my friend Smiley

ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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September 22, 2016, 01:34:25 PM
 #73

I don't get it why NXT collapsed so much in price when you can hold NXT and get Ardor on 14 Oct. I thought 3.5k satoshi was the bottom and bought many NXT at that price. Looks like I am wrong!
Hopefully, the value of ardor can help me recover my paper loss on NXT.

     

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sandiman
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September 22, 2016, 01:48:50 PM
 #74

I don't get it why NXT collapsed so much in price when you can hold NXT and get Ardor on 14 Oct. I thought 3.5k satoshi was the bottom and bought many NXT at that price. Looks like I am wrong!
Hopefully, the value of ardor can help me recover my paper loss on NXT.


 Roll Eyes
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September 22, 2016, 07:51:47 PM
 #75

Update on TENNESSEE over the last weeks: https://nxtforum.org/general-discussion/(tnnse)-tennessee-updates/msg224684/#msg224684
 #Nxt #TNSSE #Ardor
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September 23, 2016, 11:35:41 AM
 #76

Update on TENNESSEE over the last weeks: https://nxtforum.org/general-discussion/(tnnse)-tennessee-updates/msg224684/#msg224684
 #Nxt #TNSSE #Ardor

Looking good thank you for the update.

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September 24, 2016, 12:47:46 AM
 #77

Interested in learning more about #CoinShuffle? Check out this infographic to learn more about it and its integration with #Nxt!
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September 27, 2016, 08:49:39 PM
 #78

NXT's price will peak next year. Then I don't know what will happen. I really like NXT so I hope it will be here ten years from now.
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September 27, 2016, 09:51:17 PM
 #79

NXT's price will peak next year. Then I don't know what will happen. I really like NXT so I hope it will be here ten years from now.

nxt price peaking when development will stop? you've got a point
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September 27, 2016, 10:40:10 PM
 #80

NXT's price will peak next year. Then I don't know what will happen. I really like NXT so I hope it will be here ten years from now.

nxt price peaking when development will stop? you've got a point

Development of Nxt 1.0 is not stopping till Q3 2018, that's almost 2 years from now, and then it can be resumed if there is demand from users. In all probability they will migrate to Nxt 2.0.

Development of Nxt 2.0 has just started this year.

Q: Which development will stop next year?
A: None. Not in Nxt.
This fact is not relevant to price, it's common knowledge that in crypto price rises are not related to development and features.

ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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