FREE IGNIS and NXT

[Xie89]

Awaiting the snapshot and free IGNIS airdrop here, looking forward to it!

Only one question; I would expect a big rise since I think it's a very good deal you're getting (2:1 ratio free IGNIS). Instead it's dropping already for 2 days, exactly the opposite of what I would expect. I don't mind, I bought it at about $0,40, it just makes me curious as of why, I would want to get in on this..

Any thoughts?

[bandar]

A lot traders anticipated on the rise and always planned to sell before ignis. The rise was a certainty, the price of ignis is not. Dont fall for the iou tokens. Ignis pricecharts now mean nothing.

[manoj6233]

The other half of the IGNIS coin supply was partially used by Jelurida to conduct a successful IGNIS Token Sale over a period of three months collecting 167 M NXT, which were partially converted to fiat, Bitcoin, and Ardor. As of the end of the token sale, the total proceeds were over $15 000 000. These funds will be used for the further development, maintenance, advancement and world-wide promotion of the Nxt and Ardor blockchain platforms, as well as protecting the intellectual property of the code base.

[Xie89]

Thanks for the answers!

What would you estimate in prices (in $) for both IGNIS and NXT around middle/end of January?

[~Bitcoin~]

A lot traders anticipated on the rise and always planned to sell before ignis. The rise was a certainty, the price of ignis is not. Dont fall for the iou tokens. Ignis pricecharts now mean nothing.

NXT price was over hyped by few whales and it stops pumping when those whales make their exits which followed by panic sell from newbie traders who have bought NXT at peak prices.

NXT was bought for quick profit before rather than to get free IGNIS airdrop.

[mummybtc]

I expect the price of NXT to start dumping, I just don't understand why the team strucutred the token dostribution this way, because there was ICO token sale and this huge amount of tokens will be distributed throught Airdrops

[Hannibalis]

Thanks for the answers!

What would you estimate in prices (in $) for both IGNIS and NXT around middle/end of January?

I don't know about IGNIS but i'm expecting NXT holders to sell after the airdrop and the profit they made with NXT itself. So NXT price will drop for the short period after the airdrop.

[Xie89]

Me too but I think it won't drop beyond $0.75-80. I'm hoping on it being back around $1.80 2 months later.

IGNIS no idea! But I read some people estimating $3-4. That would be a party!