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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 152. (Read 395848 times)

legendary
Activity: 1092
Merit: 1010
Ah the magic of basic, simple math mixed with a bit of critical thinking!


Suspicious thinking does not equal critical thinking, however much you may try to relabel it.
I've always been very open about my Nxt holdings.

I held about 1,000,000 Nxt during the snapshot period, all from my stipend for the TNSSE Project, which i managed to save.
I hold the same in ARDR now.
https://nxtforum.org/general-discussion/(tnnse)-accounts/

I also hold about 500,000 in Assets (mainly DeBuNe, Supernet and MGW Assets).

This amounts to totally a lot less than your 7000 BTC.

Of course, you will claim I have "secret" accounts. There's no defending against that, and that's where I cannot help you, as they are obviously so secret even I do not know them, more's the pity.

You present as *FACTS* relational data. There's always a huge *IF* involved that you tend to skip over really quickly.

While it is *TRUE* that *IF* I held 1000 BTC it would have appreciated, it's not a *FACT* that I have them, primarily for the reason that the first step in your chain of "logic" is *UNTRUE*.

Logic is indeed a wonderful thing.  Smiley


legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==

Start by dividing 1 billion coins between 72. Now take an average trading volume for the last 2+ years. Assume a % corresponding to dumping -- quite relentless. Be generous to cover for probable +/-. Then substract. The figure you come up with from the result of billion/72. It's really quite simple. Not exact but... illuminating.

Another illuminating FACT: Assuming Damelon's holdings in nxt were worth (unrealized) 1,000 btc prior to the announcement. It will be worth now 7,000 btc (some of them, quite a few, realized at much higher value too) ain't life great... for Damelon et all? No wonder he feels "generous" to get sheep to maintain the network...

Ah the magic of basic, simple math mixed with a bit of critical thinking!


Did you first imply he has 13 000 000 coins and then say it's worth 7000 BTC?
I see here it's worth 157 BTC - market price, disregarding the liquidity
sr. member
Activity: 406
Merit: 250
hem i dont get it
i dont get it either
why mix system requirements to an obvious hint at denentralization of computing power?

I don't get what you don't get Cheesy
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
hem i dont get it
i dont get it either
why mix system requirements to an obvious hint at denentralization of computing power?
sr. member
Activity: 368
Merit: 252
i am no newbie here - and i still cant seem to grasp the whole ardor concept for some reason ...

maybe its too early in the morning for me - or not enough coffees - or both Tongue ...

ill keep researching and reading - but i dont understand how ardor is so different - when i cant see the coin / project actually is at ...

#crysx

It will be a decentralized virtual shopping mall, where shops are blockchains under one roof of Ardor, the forging chain.
Shops pay rent to shopping mall to run operations, their needs for security, heating, other facilities, larger outside advertising are taken care of.

Blockchains have similar needs, smaller blockchains (mom&pop shops of shopping malls) can't afford them financially and technically. Ardor will deliver these infrastructure necessities in exchange for fees. At the same time Ardor will solve the problem of scaling, because data of child chains can be pruned, only hashes of historical transactions need to be saved to validate the chain by user clients. Greater scaling ability leads to wider transactional capacity of the platform in the form of many blockchains it can serve under its roof. With Ardor tokens you get to collect fees from child blockchains as a forger (you essentially become the shopping mall stockholder and collect rent from shops in exchange for service they want).

Are you really selling mom&pop shop blockchains?  Roll Eyes Roll Eyes Roll Eyes This might be the most ridiculous ideas I have ever heard. Blockchain is in overhype when people start selling moms and pops shop blockchains.

There is not yet a single useful blockchain application besides bitcoin.

I am not selling nothing. I buy Ardor.
Ardor devs plan years ahead when small companies will want to run their own blockchains. Some of them already do want but can't. If you don't like how I said "mom&pop shops", feel better reading "small companies that can't afford running their own blockchain and must outsource to professionals". Ridiculous idea as in "640 kB ought to be enough for anybody" once said by Bill Gates, we all know how it ended.

I heard a speech from sometime in the 80s where Bill Gates said that. And the context was more like, "640kb should be enough to do run this and that." In other terms, "3gb should be enough to run the NXT server." And then that getting re quoted as meaning that 3gb should be enough for any computational use for the rest of time.
sr. member
Activity: 368
Merit: 252
i am no newbie here - and i still cant seem to grasp the whole ardor concept for some reason ...

maybe its too early in the morning for me - or not enough coffees - or both Tongue ...

ill keep researching and reading - but i dont understand how ardor is so different - when i cant see the coin / project actually is at ...

#crysx

It will be a decentralized virtual shopping mall, where shops are blockchains under one roof of Ardor, the forging chain.
Shops pay rent to shopping mall to run operations, their needs for security, heating, other facilities, larger outside advertising are taken care of.

Blockchains have similar needs, smaller blockchains (mom&pop shops of shopping malls) can't afford them financially and technically. Ardor will deliver these infrastructure necessities in exchange for fees. At the same time Ardor will solve the problem of scaling, because data of child chains can be pruned, only hashes of historical transactions need to be saved to validate the chain by user clients. Greater scaling ability leads to wider transactional capacity of the platform in the form of many blockchains it can serve under its roof. With Ardor tokens you get to collect fees from child blockchains as a forger (you essentially become the shopping mall stockholder and collect rent from shops in exchange for service they want).

Are you really selling mom&pop shop blockchains?  Roll Eyes Roll Eyes Roll Eyes This might be the most ridiculous ideas I have ever heard. Blockchain is in overhype when people start selling moms and pops shop blockchains.

There is not yet a single useful blockchain application besides bitcoin.

I believe he was using that as an example which helped me understand in a different light. If you read interviews from NXT developers, they are in constant talks with business that can benefit from Ardor. Those business are not mom and pop stores.
sr. member
Activity: 399
Merit: 250
It's time to buy ardr
legendary
Activity: 1540
Merit: 1002
sr. member
Activity: 406
Merit: 250
i am no newbie here - and i still cant seem to grasp the whole ardor concept for some reason ...

maybe its too early in the morning for me - or not enough coffees - or both Tongue ...

ill keep researching and reading - but i dont understand how ardor is so different - when i cant see the coin / project actually is at ...

#crysx

It will be a decentralized virtual shopping mall, where shops are blockchains under one roof of Ardor, the forging chain.
Shops pay rent to shopping mall to run operations, their needs for security, heating, other facilities, larger outside advertising are taken care of.

Blockchains have similar needs, smaller blockchains (mom&pop shops of shopping malls) can't afford them financially and technically. Ardor will deliver these infrastructure necessities in exchange for fees. At the same time Ardor will solve the problem of scaling, because data of child chains can be pruned, only hashes of historical transactions need to be saved to validate the chain by user clients. Greater scaling ability leads to wider transactional capacity of the platform in the form of many blockchains it can serve under its roof. With Ardor tokens you get to collect fees from child blockchains as a forger (you essentially become the shopping mall stockholder and collect rent from shops in exchange for service they want).

Are you really selling mom&pop shop blockchains?  Roll Eyes Roll Eyes Roll Eyes This might be the most ridiculous ideas I have ever heard. Blockchain is in overhype when people start selling moms and pops shop blockchains.

There is not yet a single useful blockchain application besides bitcoin.

I am not selling nothing. I buy Ardor.
Ardor devs plan years ahead when small companies will want to run their own blockchains. Some of them already do want but can't. If you don't like how I said "mom&pop shops", feel better reading "small companies that can't afford running their own blockchain and must outsource to professionals". Ridiculous idea as in "640 kB ought to be enough for anybody" once said by Bill Gates, we all know how it ended.
member
Activity: 62
Merit: 10
i am no newbie here - and i still cant seem to grasp the whole ardor concept for some reason ...

maybe its too early in the morning for me - or not enough coffees - or both Tongue ...

ill keep researching and reading - but i dont understand how ardor is so different - when i cant see the coin / project actually is at ...

#crysx

It will be a decentralized virtual shopping mall, where shops are blockchains under one roof of Ardor, the forging chain.
Shops pay rent to shopping mall to run operations, their needs for security, heating, other facilities, larger outside advertising are taken care of.

Blockchains have similar needs, smaller blockchains (mom&pop shops of shopping malls) can't afford them financially and technically. Ardor will deliver these infrastructure necessities in exchange for fees. At the same time Ardor will solve the problem of scaling, because data of child chains can be pruned, only hashes of historical transactions need to be saved to validate the chain by user clients. Greater scaling ability leads to wider transactional capacity of the platform in the form of many blockchains it can serve under its roof. With Ardor tokens you get to collect fees from child blockchains as a forger (you essentially become the shopping mall stockholder and collect rent from shops in exchange for service they want).

Are you really selling mom&pop shop blockchains?  Roll Eyes Roll Eyes Roll Eyes This might be the most ridiculous ideas I have ever heard. Blockchain is in overhype when people start selling moms and pops shop blockchains.

There is not yet a single useful blockchain application besides bitcoin.
sr. member
Activity: 361
Merit: 250
ardor want to be the 2nd ether


No, Ardor is not like Eth at all.
Completely different goals.
I think ether will be the most flexsible smart chain, ardor will be the most safety smart chain, ardor must have its speical feature, if it want to be a great coin.
sr. member
Activity: 406
Merit: 250
I want to claim ARDOR from NXT wallet
please help me....

What issue are you experiencing?
member
Activity: 91
Merit: 10
Ardor is a long term coin, before they release the milestone, the price will be low, maybe to 1k sat. NXT was almost dead for many months, the price  was also 1k, I think they are quite similar. The market cap is very big now, no reason to pump in short term
hero member
Activity: 770
Merit: 500
sr. member
Activity: 784
Merit: 250
I want to claim ARDOR from NXT wallet
please help me....
hero member
Activity: 630
Merit: 500
I thought 20-30% of NXT was burnt. Whats the real amount of ARDR that is not at burnt addresses?

No NXT is burned.

Check Ardor here:
http://coinmarketcap.com/assets/ardor/

the rate is 1 NXT to 1 Ardor
sr. member
Activity: 406
Merit: 250
ardor want to be the 2nd ether


No, Ardor is not like Eth at all.
Completely different goals.
sr. member
Activity: 361
Merit: 250
ardor want to be the 2nd ether
hero member
Activity: 2128
Merit: 520
100 btc buy support on Polo. With 800 btc 24 hour volume. Most alts take a huge plunge when they get to Polo. Why would this be any different?

Not true, most of alts was pumped first, and then big dumped, ardor was also like that, from 2500 sat before polo, pumped to 4-5k sat, and then dump, it is similar to other coins

Do you think a bigger dump is coming? There is no buy support so looks troubling.
hope i can make it to trace the bottom so i can earned something coming from this project. lets see how this coin will rebound.
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