Price should start to adjust to the actual doubling of shares coming up october 12th given the obvious inability of ARDR/NXT team to engage outside investors AND understandably explain what exactly are so called "child chains".
I have already positioned myself for the expected move by locking in the very significant gains produced by this astute plan... I believe it has topped out already though.
Logic would say the price Goes down. But in crypto you never know. Could shoot up to 10k and stay there, depending on Ardor speculation. If ardor would be worth 20k, 10k for nxt is the price. I think ardor will be another gamechanger so I am holing nxt. One thing I learned in trading is patience, and invest in what you believe in.
You have a point. But reality shows that, outside of the NXT community, no one gives any value to Ardor. The give it to other players in the space, even the ones going on vapor, not reality. But not to Ardor. At all. Considering that this whole premise is the doubling of NXT coins plain and simple, your math is correct... except the I believe the price of ardor will be a reflection of the one of NXT, not the other way around. In other words, whatever price is assigned to Ardor will ne whatever is being taken off of NXT.
No one has explained even remotely what the value/price of the first child chain could be derived from, which means yet another dilutive point to consider, rather than the opposite.
Of course another thing entirely-and subject to opinions- is if NXT is undervalued or not. Considering it has more than tripled since announcing ardor, there's a good case to be made against the undervalued theory.
