Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 194. (Read 395841 times)

I think there might be some exaggeration in the statement of constant selling of millions. Since NXT was as low as 1000 sat, I expect a lot of people cashing out at blazing 300% gains. Whales have been around for ages, and the NXT ATH has been much higher than it is today, while the distribution used to be much worse due to rules of entropy.

You think whales don't profit from a tenfolding or hundreadfolding? You think they don't care? They have so much funds they can manipulate, if not create, the entire market.

The constant sale pressure I have seen over the past few weeks. Multiple times nxt has hit 1000 btc volume yet stuggles once it gets past 4500 sat only to be push back to 3900 sat range multiple times.

@polycryptoblog, thank you for post #454, helped me understand more easily, sounds exciting stuff

I guess maybe 20, but it will vary.

Where can I see how many Ardors I have on Poloniex?

Did I "generated" Ardor in polo if I have it in open orders?

Thanks, will try that.  How many a month do you think I could be possible to forge with 74K NXT?

You really ought to ask about API changes in nxtforum.org, I heard something to the tune that the API will not change much but you'll need to add the chain id to the request.

The devs' plan is to launch Ardor on testnet around December and run it on testnet for 6 months, API will be released at that time and developed all through the testnet period in I assume. The fees too.

When will documentation  on Ardor's API come out?


Also has there been any word on the cost ( in Ardor ) to start a chain  or what the cost ( in Ardor ) would be for child chains   to be attached to the main chain  ( i assume this will be a daily maintenance fee )  but if not   how would this work?

^^^^^^
All is good, we heard your opinion. Don't waste your time here and move to other crypto with REAL WORLD use of it, if you know such

You are quite right, I believe, regarding price/barometer. But you forget the most important and the determining factor in NXT, since practically the very beginning: The fat wallets owners have one (logical) purpose. One only: To cash in on their holdings as fast (but orderly) as possible. Wouldn't you? They own many millions, tens of millions of it. And they won't be wealthy until they sell, at a decent price, most of their holdings. So the selling pressure is absolutely constant. At any price. And, logically, sucks up every wave of buying. The market doesn't allow for more of what has happened in the last few weeks (much bigger fish to catch) and therefore the price will continue going down... all the way to where it was before the Ardor announcement. No one of the small fish is selling (they are all accumulating ARDR), but the fat wallets are selling as much as they can and as quickly as they can. Like I said, they do it in an orderly fashion to keep the price from nosediving, but the selling is relentless. That was before ARDR and continues now that the influx from current holders have subside. That's how NXT "works".

As for Ardor itself, I have been trying to understand what it is and I believe I have it, finally. It's just a relative small advance in the same already existent technology. I guess what I was hoping for was some kind of actual REAL WORLD use of it. There's none. It isn't a technology that is going to be used by any real company. Any bank. Any retailer. Any exchange. Any country. It is a technology that will be used -as it is already- in the "Asset exchange", which is basically trading between a minimal group of people "assets" of no value or relevance in the real world. Or by chimeric "customers", such as NAUT or the Democracy thing that no country will ever use in the real world. So, again, it is something sold only to the exact same of convinced people with the exact same amount of resources but that is no closer to any mainstream use than it was two and a half years ago. Oh, and yes, the blockchain technology is being pushed in the real world, but it is being pushed (studied, experimented with...) by big REAL companies that will eventually come up with ready-to-implement solutions that will be sold to all the big companies (REAL ones) that are going to implement it.

As for the idea of decentralization... well, let's just say it is never, ever going to happen in the real world. Ever. And for good, evident reasons.

So now I finally understand that all the speak here -and in other boards- is directed at the "cult", not at the real world. But isn't it fun?

This is a great project !

The ARDR tokens will be tradeable soon after 12 October. Maybe some people don't buy NXT now to get 'free' ARDR (and maybe dump their NXT), but will buy ARDR at market prices without buying NXT now.

I have pointed out this before that we can use the price of NXT as a barometer to measure the interest in Ardor. If there is not much demand in NXT then we can see that not many people are interested in Ardor. Right now we are seeing that the NXT community got in to buy and hold NXT. We still have not seen outside the NXT community because there is not much chatter in the forum about Ardor. Everyone is busy talking about ETC and before that STEEM.

This pool has 30 million nxt forging: http://pool.nxtcrypto.org/howto.html

You will generate a block, don't give up.

such generosity in NXT forging



3000 NXT / month, here I come

Can you explain an easy way to join a forging pool? More commons and trusteds?

If I join one and they have for example 1million nxt forgin and i have there 1% in nxt if they take a profit/fee/reward of for example 1000 nxt I will get 1% of that= 10nxt? Is that the way it works?


Yeah, Ardor is going good I already have like 9k , but what I was talking about is was about forging nxt, I have this account since 2 years ago with something like 14k-10k nxt and Ive been triying to forge like maybe 400-700 hours in this 2 years and never get anything.

If you have missed the live interview of @Damelon on CORE tv about the Ardor platform yesterday:
https://youtu.be/Dzt59pkBYnU