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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 180. (Read 396062 times)

legendary
Activity: 1162
Merit: 1000
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.

What does that mean? What expected move? What have you done?

It meant I expected a drop, as has happened,  only considerably bigger over the next few weeks, and sold to free cash and position myself to buy back when price has adjusted... in my calc around either side of 2k.
sr. member
Activity: 378
Merit: 250
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.

Considering the crypto community in general has little interest for innovation it comes as no surprise that not much value is given to Ardor outside of the NXT community. The problem of scalability is real in the long run. Few other teams work on solving it, Ethereum perhaps, who else? Ardor is a long shot project focusing on solving scalability to become a real platform of blockchains. It's not an instant gratification project sought by many in the crypto community.
legendary
Activity: 1162
Merit: 1000
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.
sr. member
Activity: 321
Merit: 252
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.

What does that mean? What expected move? What have you done?
legendary
Activity: 1092
Merit: 1000
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.
hero member
Activity: 1876
Merit: 512
legendary
Activity: 1162
Merit: 1000
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.
hero member
Activity: 1022
Merit: 504
GoMeat - Digitalizing Meat Stores - ICO
Already accumulated 600 ARDOR tokens.
legendary
Activity: 1092
Merit: 1010
Will ardor be on exchanges or only the nxt assest exchange after oct 12th?

Exchanges have not confirmed this, yet.
EvilDave is in contact with them and when we have news about this we will of course tell everyone Smiley
sr. member
Activity: 378
Merit: 250
a thought just occurred to me Grin , would it be possible to buy a very large amount of nxt and hold for just a few days till my set goal of ardor is reached and than sell nxt without too much of a price dip or am I too late to try this? I know ideal time would have been the start of snapshot period now I am not so sure.

The market isn't liquid enough for that. You would pump the price then crash it... At a huge loss.
sr. member
Activity: 385
Merit: 250
Will ardor be on exchanges or only the nxt assest exchange after oct 12th?
sr. member
Activity: 321
Merit: 252
a thought just occurred to me Grin , would it be possible to buy a very large amount of nxt and hold for just a few days till my set goal of ardor is reached and than sell nxt without too much of a price dip or am I too late to try this? I know ideal time would have been the start of snapshot period now I am not so sure.
You could buy a billion NXT today for 3.9k sat, hold for one day and then sell for same price and get 11 million ARDR on October 12th for free  Grin
sr. member
Activity: 420
Merit: 250
a thought just occurred to me Grin , would it be possible to buy a very large amount of nxt and hold for just a few days till my set goal of ardor is reached and than sell nxt without too much of a price dip or am I too late to try this? I know ideal time would have been the start of snapshot period now I am not so sure.
sr. member
Activity: 385
Merit: 250
hero member
Activity: 546
Merit: 500
sr. member
Activity: 378
Merit: 250
Nxt Foundation now officially an affiliate member of the Hyperledger Project

This is gentlemen.
legendary
Activity: 1092
Merit: 1010
Nxt Foundation now officially an affiliate member of the Hyperledger Project

https://www.hyperledger.org/news/announcement/2016/08/hyperledger-project-grows-170-percent-six-months

Quote
SAN FRANCISCO, CA - (August 30, 2016) - Hyperledger Project, a collaborative cross-industry effort created to advance blockchain technology, announced today that 17 new organizations have joined to help create an open standard for distributed ledgers for a new generation of transactional applications.

“There’s been a tremendous response to our vision for creating an open community for blockchain technology and we’re proud to be celebrating this member milestone,” said Brian Behlendorf, Executive Director of Hyperledger Project. “At a growth rate of nearly two new members joining per week - there’s no telling where we’ll be at by the end of the year -  I look forward to working with this growing community to further our open blockchain development efforts."

Hyperledger Project is working to enable organizations to build and run robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating an enterprise grade, open source distributed ledger framework and code base.

The new Hyperledger members come from across Europe, Asia and the United States and join a rapidly growing and diverse group across finance, banking, Internet of Things, supply chains, manufacturing and other technologies. The latest members include: Cloud Security Alliance, Energy Blockchain Laboratory, Global Peersafe Technology Corp., Inuit Foundation - University of Rome “Tor Vergata,” Intuit, Investrata Foundation for Social Entrepreneurship (IFSE), iRootech Technology Co., Ltd, MIRACL UK Limited, Netki, Nxt Foundation, Orange Magic Cube (GoX Tech), Samsung SDS, Sany Heavy Group Co., Ltd, Tai Cloud Corp., Union Mobile Pay E-Commerce Co., Ltd., Wutongtree and Yunphant Blockchain.
sr. member
Activity: 378
Merit: 250
Hmm this forging solo is frustrating at times. I go some days with no blocks then when I do get a block its 0. I am forging solo to help the network as forging in a pool I thought was not as good.

I have the same experience and still do it solo for moral satisfaction Smiley
sr. member
Activity: 406
Merit: 250
Hmm this forging solo is frustrating at times. I go some days with no blocks then when I do get a block its 0. I am forging solo to help the network as forging in a pool I thought was not as good.

forging is altruistic bro ... there's zero $$ in it unless you're a whale, and then only peanuts really
sr. member
Activity: 385
Merit: 250
Hmm this forging solo is frustrating at times. I go some days with no blocks then when I do get a block its 0. I am forging solo to help the network as forging in a pool I thought was not as good.
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