MrCluster87
Newbie
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Activity: 33
Merit: 0
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July 15, 2016, 07:51:36 AM |
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martismartis
Legendary
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Activity: 1162
Merit: 1005
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July 15, 2016, 11:29:54 AM |
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just wondering why NXT price keep coming down,instead of boom up due buying for ardor
Perhaps people don't read. Since the snapshot is an average over 3 months they bought, saw snapshot, then sold no realizing they need to hold for the 3 months. idk, just a guess. IDK i was reading this and am unsure to make sense from it. I assume all my NXT ive currently held will give me ths same amount of ardor, but if i purchase some NXT and place it in my account today, i ma not get the 100% same amount of ardor? Is this correct? Since its an average, i can only assume that the longer i keep it, the more ardor i will get. But if i dump my NXT right at the end of the snapshot period, i assume i will still get some ardor?That's correct Well, funny to see how NXT price will react after the snapshot period. Don't forget about second snapshotting of your nxt in account for FNX (first childchain token) ATM ratio is 1:0.5, but if devs will find funding, this ratio could be 1:1.
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hdn
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July 15, 2016, 01:00:51 PM |
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I guess the price of Ardor will go up after 12 October when people can trade the Ardor Assets on the exchanges. People who missed the snapshotting need to buy them from others.
What is the starting or launching price for Ardor on 12th Oct..any info or rumors?
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PilotofBTC
Legendary
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Activity: 1736
Merit: 1001
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July 15, 2016, 09:01:56 PM |
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I guess the price of Ardor will go up after 12 October when people can trade the Ardor Assets on the exchanges. People who missed the snapshotting need to buy them from others.
What is the starting or launching price for Ardor on 12th Oct..any info or rumors? I heard it will be about 10 BTC per Ardor.
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durerus
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July 15, 2016, 10:03:43 PM |
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I guess the price of Ardor will go up after 12 October when people can trade the Ardor Assets on the exchanges. People who missed the snapshotting need to buy them from others.
What is the starting or launching price for Ardor on 12th Oct..any info or rumors? I heard it will be about 10 BTC per Ardor. I can confirm.
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TravelsAsia
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July 16, 2016, 12:38:39 AM |
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I guess the price of Ardor will go up after 12 October when people can trade the Ardor Assets on the exchanges. People who missed the snapshotting need to buy them from others.
What is the starting or launching price for Ardor on 12th Oct..any info or rumors? I heard it will be about 10 BTC per Ardor. I can confirm. You guys are bad. Lots of potential, it's just a matter of time.
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hdn
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July 16, 2016, 02:17:10 AM |
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I guess the price of Ardor will go up after 12 October when people can trade the Ardor Assets on the exchanges. People who missed the snapshotting need to buy them from others.
What is the starting or launching price for Ardor on 12th Oct..any info or rumors? I heard it will be about 10 BTC per Ardor. Tq my friend, i accepted as part of horseplay ha..ha but i still believe that Ardor have great a futures.
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hdn
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July 17, 2016, 08:30:26 AM |
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NXT price keep coming down,no good for investors..
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freshman777
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July 17, 2016, 02:59:57 PM |
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NXT price keep coming down,no good for investors..
You forget that investors are accumulating value in ARDOR tokens. The value that NXT is losing is flowing into ARDOR. When ARDOR trading begins in October, the total value will be a sum of NXT and ARDOR.
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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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barabbas
Legendary
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Activity: 1162
Merit: 1000
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July 17, 2016, 11:57:08 PM |
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So the distribution of Ardor (tokens, not immediately tradeable in normal exchanges outside of the Next platform) will be on a 1:1 basis on the amount of NXT one wallet has on the date that it is determined in the middle of October 16? Did I get that right?
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VanBreuk
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July 18, 2016, 02:35:19 AM |
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So the distribution of Ardor (tokens, not immediately tradeable in normal exchanges outside of the Next platform) will be on a 1:1 basis on the amount of NXT one wallet has on the date that it is determined in the middle of October 16? Did I get that right?
The Ardor tokens are currently in distribution. Nxt hourly account snapshots started four days ago and will keep happening until network block 1,000,000, due in October 12. Every account will receive after that block an amount of ARDR equal to the average of its NXT balance during these months. Whether ARDR will be tradable right away outside of the Nxt AE is up to every exchange, but it will probably happen soon after tokens are sent. A good deal of AE assets are already being traded at Poloniex and others.
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barabbas
Legendary
Offline
Activity: 1162
Merit: 1000
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July 18, 2016, 03:02:42 AM |
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So the distribution of Ardor (tokens, not immediately tradeable in normal exchanges outside of the Next platform) will be on a 1:1 basis on the amount of NXT one wallet has on the date that it is determined in the middle of October 16? Did I get that right?
The Ardor tokens are currently in distribution. Nxt hourly account snapshots started four days ago and will keep happening until network block 1,000,000, due in October 12. Every account will receive after that block an amount of ARDR equal to the average of its NXT balance during these months. Whether ARDR will be tradable right away outside of the Nxt AE is up to every exchange, but it will probably happen soon after tokens are sent. A good deal of AE assets are already being traded at Poloniex and others. Thanks for clarifying. Perhaps you can help with one other doubt: In the Forbes article it says that Bittrex will "help" with the Ardor distribution by providing the snapshot of the NXT wallets at Bittrex Exchange. For what I have read in these recent pages of this thread, I get the impression NXT wants us to get the coins in the online wallets, NOT in the exchanges... what is it? Besides, as of now, I believe you cannot send the out of Bittrex to your online wallet... Thanks for the answers!
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farl4web
Legendary
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Activity: 1205
Merit: 1000
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July 18, 2016, 05:04:20 PM |
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VanBreuk
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July 18, 2016, 10:43:56 PM |
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So the distribution of Ardor (tokens, not immediately tradeable in normal exchanges outside of the Next platform) will be on a 1:1 basis on the amount of NXT one wallet has on the date that it is determined in the middle of October 16? Did I get that right?
The Ardor tokens are currently in distribution. Nxt hourly account snapshots started four days ago and will keep happening until network block 1,000,000, due in October 12. Every account will receive after that block an amount of ARDR equal to the average of its NXT balance during these months. Whether ARDR will be tradable right away outside of the Nxt AE is up to every exchange, but it will probably happen soon after tokens are sent. A good deal of AE assets are already being traded at Poloniex and others. Thanks for clarifying. Perhaps you can help with one other doubt: In the Forbes article it says that Bittrex will "help" with the Ardor distribution by providing the snapshot of the NXT wallets at Bittrex Exchange. For what I have read in these recent pages of this thread, I get the impression NXT wants us to get the coins in the online wallets, NOT in the exchanges... what is it? Besides, as of now, I believe you cannot send the out of Bittrex to your online wallet... Thanks for the answers! About Ardor distribution in exchange accounts - BTC38, Bittrex and Poloniex have said that they will help with the snapshots and the distribution, so in principle users holding NXT there should receive their Ardor tokens. However, that still requires to rely on third parties to take snapshots of user balances in the exchange database, since the NXT deposit addresses for users in exchanges are not holding the deposited NXT, but forwarding them to a central account. This means the Nxt network will distribute ARDR to that central account where snapshots have been taken, and then it is again the job of the exchange operators to distribute ARDR to their users according to the snapshots they took. Since there is a commitment from those three exchanges, in principle there's no reason to think they won't do what they committed to do. But the fact there is that third party factor may make people be cautious and still advise to hold NXT in an actual Nxt account, where snapshots and distribution are certain to happen as intended. Both the Nxt Client (or SuperNET Lite) and the MyNXT online wallet handle real Nxt accounts containing the displayed balance, so there's no room for doubt. I don't want to cast doubt on the exchanges, I'm pretty sure they will do as promised. But I do prefer to hold my NXT in my own account and running my own node. Besides the more or less healthy amount of paranoia, this is also for two other reasons: 1) So I can forge with them and build up the network during the snapshot months. 2) Because then I am certain that after block 1,000,000 I will have the Ardor assets in my account, and won't be subject to potential delays in the exchange distribution. But if Polo et al would announce that the ARDR asset will be immediately tradable in their platform after the snapshots, this point would be moot. About sending from Bittrex to the MyNxt online wallet, I don't think there should be any problems. Even if Bittrex demands that you enter the destination public key besides the account, the public key for your wallet account is displayed in the dashboard the first time you log in to MyNxt. So unless Bittrex asked for something unusual, it should work fine.
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jacaf01
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July 19, 2016, 12:22:55 AM |
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So the distribution of Ardor (tokens, not immediately tradeable in normal exchanges outside of the Next platform) will be on a 1:1 basis on the amount of NXT one wallet has on the date that it is determined in the middle of October 16? Did I get that right?
The Ardor tokens are currently in distribution. Nxt hourly account snapshots started four days ago and will keep happening until network block 1,000,000, due in October 12. Every account will receive after that block an amount of ARDR equal to the average of its NXT balance during these months. Whether ARDR will be tradable right away outside of the Nxt AE is up to every exchange, but it will probably happen soon after tokens are sent. A good deal of AE assets are already being traded at Poloniex and others. Thanks for clarifying. Perhaps you can help with one other doubt: In the Forbes article it says that Bittrex will "help" with the Ardor distribution by providing the snapshot of the NXT wallets at Bittrex Exchange. For what I have read in these recent pages of this thread, I get the impression NXT wants us to get the coins in the online wallets, NOT in the exchanges... what is it? Besides, as of now, I believe you cannot send the out of Bittrex to your online wallet... Thanks for the answers! About Ardor distribution in exchange accounts - BTC38, Bittrex and Poloniex have said that they will help with the snapshots and the distribution, so in principle users holding NXT there should receive their Ardor tokens. However, that still requires to rely on third parties to take snapshots of user balances in the exchange database, since the NXT deposit addresses for users in exchanges are not holding the deposited NXT, but forwarding them to a central account. This means the Nxt network will distribute ARDR to that central account where snapshots have been taken, and then it is again the job of the exchange operators to distribute ARDR to their users according to the snapshots they took. Since there is a commitment from those three exchanges, in principle there's no reason to think they won't do what they committed to do. But the fact there is that third party factor may make people be cautious and still advise to hold NXT in an actual Nxt account, where snapshots and distribution are certain to happen as intended. Both the Nxt Client (or SuperNET Lite) and the MyNXT online wallet handle real Nxt accounts containing the displayed balance, so there's no room for doubt. I don't want to cast doubt on the exchanges, I'm pretty sure they will do as promised. But I do prefer to hold my NXT in my own account and running my own node. Besides the more or less healthy amount of paranoia, this is also for two other reasons: 1) So I can forge with them and build up the network during the snapshot months. 2) Because then I am certain that after block 1,000,000 I will have the Ardor assets in my account, and won't be subject to potential delays in the exchange distribution. But if Polo et al would announce that the ARDR asset will be immediately tradable in their platform after the snapshots, this point would be moot. About sending from Bittrex to the MyNxt online wallet, I don't think there should be any problems. Even if Bittrex demands that you enter the destination public key besides the account, the public key for your wallet account is displayed in the dashboard the first time you log in to MyNxt. So unless Bittrex asked for something unusual, it should work fine. Good explanation
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raphma
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July 19, 2016, 01:40:18 AM |
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NXT price keep coming down,no good for investors..
that actually very good to the real investors, every dip is good opportunity to buy some more.
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Bobo81
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July 19, 2016, 05:09:22 AM |
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NXT price keep coming down,no good for investors..
that actually very good to the real investors, every dip is good opportunity to buy some more. Need 0,00001 again!
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