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Topic: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake - page 8. (Read 395837 times)

legendary
Activity: 929
Merit: 1000


It makes things sound easy, but it isn't that easy. What is a "good" coin? Who is telling you that you hold a good coin given all those others out there?

That's the tricky part. The better way to look at it may be to not be holding a "bad" coin vs just assuming whatever you have is "good". Bad coins are easier to define -- coins with nothing special, no real tech specs that matter, little in the way of development and either no -- or a ridiculous -- plan for real world usage.

Taxi coin and Dentacoin come to mind as "bad" coins -- or pretty much a zillion junk coins with no development and no sensible use to them. Not that they too can't go up and be profitable, just that the odds are against it long-term.

Yes, I remember BBQCoin getting pumped, dumped, then high volume pumped again. That was a total junk coin with no real use, apart from maybe paying for barbecues.

If that can get pumped anything can.

hero member
Activity: 1204
Merit: 509
At least Ardor was given away...NOT an ICO...

Even though it was given away there are still a lot of people who bought at the peak and now lost most of the value.

Unfortunately that currently applies to just every crypto in existence (or close to it) -- even BTC & ETH would be a pretty big loss if purchased at their peaks. Below the top 20, and the loss becomes even wider. As of yet, alts haven't really recovered. It's not isolated to Ardor, which in a way is a positive, I guess.


Yes, but I was more referring to the post before me saying that at least this was distributed for free. It somehow implies that people didn't lose, but actually a lot of people lost when they bought in at some point. It is also true that you lost with literally any crypto you bought a while ago.

You only lose when you sell low after buying high. If you hold a good coin for long enough it sometimes hits a new ATH where you can sell at a profit.

Although it can be depressing watching your coin sink in value it's exhilarating watching it rise up to a new ATH.

It makes things sound easy, but it isn't that easy. What is a "good" coin? Who is telling you that you hold a good coin given all those others out there?

That's the tricky part. The better way to look at it may be to not be holding a "bad" coin vs just assuming whatever you have is "good". Bad coins are easier to define -- coins with nothing special, no real tech specs that matter, little in the way of development and either no -- or a ridiculous -- plan for real world usage.

Taxi coin and Dentacoin come to mind as "bad" coins -- or pretty much a zillion junk coins with no development and no sensible use to them. Not that they too can't go up and be profitable, just that the odds are against it long-term.
sr. member
Activity: 840
Merit: 251
At least Ardor was given away...NOT an ICO...

Even though it was given away there are still a lot of people who bought at the peak and now lost most of the value.

Unfortunately that currently applies to just every crypto in existence (or close to it) -- even BTC & ETH would be a pretty big loss if purchased at their peaks. Below the top 20, and the loss becomes even wider. As of yet, alts haven't really recovered. It's not isolated to Ardor, which in a way is a positive, I guess.


Yes, but I was more referring to the post before me saying that at least this was distributed for free. It somehow implies that people didn't lose, but actually a lot of people lost when they bought in at some point. It is also true that you lost with literally any crypto you bought a while ago.

You only lose when you sell low after buying high. If you hold a good coin for long enough it sometimes hits a new ATH where you can sell at a profit.

Although it can be depressing watching your coin sink in value it's exhilarating watching it rise up to a new ATH.

It makes things sound easy, but it isn't that easy. What is a "good" coin? Who is telling you that you hold a good coin given all those others out there?
copper member
Activity: 161
Merit: 0
https://voucher-co.in
I have seen quite a price increase for IGNIS this days and the trade volume is now also higher than ARDOR. Is there any particular reason behind that?

I find it unusual for child chain to have bigger volume.

Well there’ll be an airdrop:
https://gpstokens.com

// Mac

I probably should pay more attention to things... or the devs should post here more often.
I didn't even know about this at all.

It seems so, hopefully you're already holding some because IGNIS is actually +170% in the past 24 hours. Also NXT and ARDOR pushing high!!
I missed this news Sad Such announcements should be more often
legendary
Activity: 929
Merit: 1000
At least Ardor was given away...NOT an ICO...

Even though it was given away there are still a lot of people who bought at the peak and now lost most of the value.

Unfortunately that currently applies to just every crypto in existence (or close to it) -- even BTC & ETH would be a pretty big loss if purchased at their peaks. Below the top 20, and the loss becomes even wider. As of yet, alts haven't really recovered. It's not isolated to Ardor, which in a way is a positive, I guess.


Yes, but I was more referring to the post before me saying that at least this was distributed for free. It somehow implies that people didn't lose, but actually a lot of people lost when they bought in at some point. It is also true that you lost with literally any crypto you bought a while ago.

You only lose when you sell low after buying high. If you hold a good coin for long enough it sometimes hits a new ATH where you can sell at a profit.

Although it can be depressing watching your coin sink in value it's exhilarating watching it rise up to a new ATH.
sr. member
Activity: 840
Merit: 251
At least Ardor was given away...NOT an ICO...

Even though it was given away there are still a lot of people who bought at the peak and now lost most of the value.

Unfortunately that currently applies to just every crypto in existence (or close to it) -- even BTC & ETH would be a pretty big loss if purchased at their peaks. Below the top 20, and the loss becomes even wider. As of yet, alts haven't really recovered. It's not isolated to Ardor, which in a way is a positive, I guess.


Yes, but I was more referring to the post before me saying that at least this was distributed for free. It somehow implies that people didn't lose, but actually a lot of people lost when they bought in at some point. It is also true that you lost with literally any crypto you bought a while ago.
hero member
Activity: 1204
Merit: 509
At least Ardor was given away...NOT an ICO...

Even though it was given away there are still a lot of people who bought at the peak and now lost most of the value.

Unfortunately that currently applies to just every crypto in existence (or close to it) -- even BTC & ETH would be a pretty big loss if purchased at their peaks. Below the top 20, and the loss becomes even wider. As of yet, alts haven't really recovered. It's not isolated to Ardor, which in a way is a positive, I guess.
sr. member
Activity: 840
Merit: 251
At least Ardor was given away...NOT an ICO...

Even though it was given away there are still a lot of people who bought at the peak and now lost most of the value.
legendary
Activity: 1393
Merit: 1001
At least Ardor was given away...NOT an ICO...
sr. member
Activity: 840
Merit: 251
Ardor will return to a good path, all old altcoins are indeed being hit by a downturn, but if for an ardor class there will definitely be a very rational price fix later.

All those holders out there hope the exact same thing for the projects they are cheering for, but only a few will make it in the end.
hero member
Activity: 2156
Merit: 521
Ardor will return to a good path, all old altcoins are indeed being hit by a downturn, but if for an ardor class there will definitely be a very rational price fix later.
full member
Activity: 560
Merit: 101
Twitter lightweight contract demo and intro to Ardor and Nxt blockchains at Bitcoin Meetup Barcelona
https://www.youtube.com/watch?v=aPb9l5ebuh4&feature=youtu.be
sr. member
Activity: 840
Merit: 251
At some point, all the week hands will be gone...Then it will rise from the ashes and make all that sold sick...  Grin

There will be new weak hands coming in of course, that is just how the market works. The very strong hands are often those who have been sticking with the project from the earliest beginning.
legendary
Activity: 1393
Merit: 1001
At some point, all the week hands will be gone...Then it will rise from the ashes and make all that sold sick...  Grin
hero member
Activity: 1204
Merit: 509
I have seen quite a price increase for IGNIS this days and the trade volume is now also higher than ARDOR. Is there any particular reason behind that?

I find it unusual for child chain to have bigger volume.

Well there’ll be an airdrop:
https://gpstokens.com

// Mac

I probably should pay more attention to things... or the devs should post here more often.
I didn't even know about this at all.

It seems so, hopefully you're already holding some because IGNIS is actually +170% in the past 24 hours. Also NXT and ARDOR pushing high!!

Yeah, I have some already. It's just odd how other coins hype every feature (or feature they don't even have yet), airdrops and so on. Here it's like everything is so low-key/behind the scenes, so much so that half the people who even own the coin don't even know about what they are doing. They'd be smart to put more effort to marketing.



i feel sorry for anyone still in the ardor family of coins...don't see much coming back with this one.  rekt.

Weird timing to post this, just when ignis went kind of crazy today... also dragged up the entire family of coins.

Most crypto holders pretty much got rekt -- IF -- you bought in at the highs. Doesn't matter which coin, just pick something outside the top 10-20 and it was a bloodbath. Just the way it is. We could have said the same about btc years ago too.

But these things are all cyclical, as you know.
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
i feel sorry for anyone still in the ardor family of coins...don't see much coming back with this one.  rekt.
member
Activity: 327
Merit: 16
I have seen quite a price increase for IGNIS this days and the trade volume is now also higher than ARDOR. Is there any particular reason behind that?

I find it unusual for child chain to have bigger volume.

Well there’ll be an airdrop:
https://gpstokens.com

// Mac

Whoo I also did not know about this one Shocked Devs obviously really need to post here more often!!!

Luckily I hold some IGNIS tokens in official wallet Grin
legendary
Activity: 1667
Merit: 1008
Stoned & Stranged
I have seen quite a price increase for IGNIS this days and the trade volume is now also higher than ARDOR. Is there any particular reason behind that?

I find it unusual for child chain to have bigger volume.

Well there’ll be an airdrop:
https://gpstokens.com

// Mac

I probably should pay more attention to things... or the devs should post here more often.
I didn't even know about this at all.

It seems so, hopefully you're already holding some because IGNIS is actually +170% in the past 24 hours. Also NXT and ARDOR pushing high!!
hero member
Activity: 1204
Merit: 509
I have seen quite a price increase for IGNIS this days and the trade volume is now also higher than ARDOR. Is there any particular reason behind that?

I find it unusual for child chain to have bigger volume.

Well there’ll be an airdrop:
https://gpstokens.com

// Mac

I probably should pay more attention to things... or the devs should post here more often.
I didn't even know about this at all.
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