Topic: [ARDR] Ardor Price Speculation - page 2. (Read 10632 times)

FYI, newcomers!
Did you know you can mine NXT (and buy Ardor with it on the Nxt Asset Exchange!) in the Lucky node project?
Computational and bandwidth requirements are very low - some users run it on a Raspberry Pi.
Run the node 24/7 or as often as you can while you work or play.
Join in with the over 100 nodes that are already in the project.

It's been some really quite interesting weeks lately in crypto land. Scaling hasn't been much of topic for the last years - and boom - now it's front and center. Bitcoiners used to clobber anyone who thinks miners having different incentives than currency holders is a problem. Now it's suddenly consensus on r/bitcoin. Not only are there repeated threads saying a change of the Proof of Work algorithm might be necessary, I'm actually seeing more and more suggestions to switch to Proof of Stake! I can't believe my eyes! Just the mere mention of it even half a year ago would have brought you into downvote hell and 500 angry "nothing at stake" chants, before your post got shadow banned. I'm not saying that it's a majority position by any means, but what a difference!

The changing tides are sweeping a lot of money into the alts. The combined crypto cap is exploding:


While Bitcoin's share of it is decreasing. The pace is accelerating towards parity. That could be a huge deal with unclear implications (...but don't dare mention this on r/Bitcoin).


There is a major sea change going on. Props to the dev team to see this long ahead: Designing Ardor specifically around scaling capabilities, puts it in a position to take advantage of the situation. Now there is just the question if this can somehow get attention. So far it is always Ethereum that gets used as example for Proof of Stake. Once again, it took the spotlight. It also gobbled up the biggest gains. Ardor seemed to have merely been swept up with the tidal wave that took all alts along.

I don't know if all that will change to the best of Ardor and NXT. But I'm sure: This ain't over. And people are still either in denial or stuck in old ways of thinking.

• The Bitcoin wars will get worse.
  First off, there is AsicBoost, which is worth millions in advantage for parasitic miners. Why would they give that up for anything? Higher market cap doesn't help their bottom line, they live of higher margins. A fork of some sort either will happen or must at least come close enough that these miners must fear trashing their hardware.
  
• Disruption will be huge either way. The user experience will be a disaster. Alts will pick up refugees... but if Bitcoin suffers too much, all crypto will take a hit.
  
• The miner problem is of course deeper anyways. It's an incentive problem that will return. Miners they only care about users and hodlers if it somehow helps their short term earnings.
  
• What also clearly came to light is that the monopoly is even worse than anyone thought: It's the hardware! That's all done by basically one manufacturer in one location - with the ability to legally block supply for anyone who doesn't agree with their plans. Bitmain is abusing this already. That skews not just which miners can join, but also how much existing ones dare to contribute to debates.
  
• People still don't understand the scaling issue. It seems bizarre to me that Ethereum/Monero/Dash are seen as solutions. All these have exponentially worse situations should they ever catch on remotely as much as Bitcoin.
  It's just that neither Ether or Litecoin are used enough to make clear to everyone that they have the exact problem Bitcoin has - or worse.

So there is Ardor, with an actual solution. My fear is that people might once again overlook it, just like NXT was laughed at when it pioneered what is now the altcoin standard. Maybe it's premature optimization. But it might be the right unique selling point at just the right time.

One joker card might be the Lightning network, or the "sharding" that Buterin promises. Basically they could change the landscape of the scaling discussion - and make it a non-issue. It's just promises so for. Maybe someone more knowledgeable can shed some light one that angle.
Anyways, the potential in the upcoming year is huge - and that's what speculators are trading on.

Thanks for the explanation mate

Ardor code will be released when the mainnet is launched as far as I know. The code is not available while Ardor is in testnet.
I believe it will be very difficult for Ethereum developers to take the code and incorporate it just like that. The architectures of these two platforms are completely different, it is almost a certainty they will have to write code from scratch if they were to implement the same idea as what Ardor is developing. Ethereum has sharding in their plans to address scaling as far as I know, but I don't know the details or how far they have advanced in implementing it.
Please consider that research, development and testing takes years before a stable mature product is delivered.

I am not a programmer but isnt the Ardor code available freely? so whats stopping ethereum developers incorporating ardor scaling solution in their code? some of the advantages i read about is it solves the ethereum scaling issue.

Developers released Ardor client 2.0.2e a few days ago, fixing bugs and adding improvements to backend and UI.
https://nxtforum.org/nrs-releases/ardor-v2-0-2e

Ardor's goal is to solve scaling in a decentralized way.
I may be biased but no other crypto has a good solution to the scaling problem, except maybe Iota.
You will have all the leads you want just from installing the software and spending an hour or two reading and playing with it. You can ask for test coins to play with in the Ardor topic https://bitcointalksearch.org/topic/ardor-scalable-blockchain-as-a-service-platform-proof-of-stake-1518497
A good place to read about Ardor and ask question is https://nxtforum.org
Mainnet is to go live in Q3, 2017, so the next three months will be somewhat quiet in the testnet while software is smoothed out to perfection.

Doesn't look very bright market wise, any leads on the technical developments?

I'm calling the bottom, it is in. Money will be moving in soon. Place some bids, and hope to catch some dumps. As rhe ask side is incredibly thin, it will be hard to secure a good price...

At present position it is difficult to predict the support level but I has resistance and good support at 1200 sats

In my opinion they are still cheap

prices fall over. I bought yesterday 1900 satoshis 
now :


I'm waiting ignis
!'m waiting 2017 Jan.

1900 satoshis price; suitable for long-term investment.

I'm lucy man. still cheap price in my opinion

Lol, I logged into Polo to notice my unexpected Ardor balance. Considered selling, noticed I had missed the dump, thought about it a few more minutes, and decided to hold. It was unexpected anyway; let's tuck those coins somewhere for a while and see what they can do. If nothing, well, I guess I really didn't miss out on much.

Same as now, 2 NXT.

What price do you predict for the Ardor by the end of of this year?

That's not a bad plan. Then depending on what the price does, you may wish to buy back in (ideally if it hits half of what you sold for). That way you end up with btc + the same amount of coins you started with.

That's probably smart.
That way you get some profit no matter what happens,
and if the price goes up, you still have some coins for long term investment.

I bought a little Ardor
and he appeared on polo)

I sold 50% of my Ardor holdings immediately after it got listed on Poloniex, while still holding the other half which I think would be the best thing to do in the long run. And now I don't care whether the price goes up or down at least I already made a good profit out of it.

Yes all the kids who got free coins are going to cash them out for Bitcoin so they can invest in some junkcoin when it starts pumping.
Anyone would be wise to hold onto at least a few ADR in case the price really jumps.

Poloniex just added Btc/Ardor pair.