Topic: Has NXTs price peaked? - page 7. (Read 6666 times)
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i think nxt have a chance to gets up with their ardor but the reality for now, the rate of nxt is going down. i don't know what next will be happen with nxt. i only waiting for a good news from nxt and from ardor. and i hope i can make a good profit with nxt.
https://twitter.com/SandimanDD/status/768028010310172673
called it, rising wedge are accurate chart patterns. They show a weakening of momentum in the movement, and with no fuel, nxt has to go to the station to put some gasoline.
called it, rising wedge are accurate chart patterns. They show a weakening of momentum in the movement, and with no fuel, nxt has to go to the station to put some gasoline.
Buy pressure will be lower by now since you have missed out on about a third to a half of the ardor tokens already.
On the other hand, people that bought NXT to gain ardor are also not inclined to sell their nxt of before the ardor token snapshots have finished. Therefore I excpect the price to remain relatively stable.
Some people may have missed the part about snapshotting and may be buying in the last weeks thinking they are going to get the full ardor tokens, which may cause another peak near the end.
Ultimately, I see a dump coming on the final day of snapshotting, when those who were only interested in the ardor tokens sell their nxt off again.
On the other hand, people that bought NXT to gain ardor are also not inclined to sell their nxt of before the ardor token snapshots have finished. Therefore I excpect the price to remain relatively stable.
Some people may have missed the part about snapshotting and may be buying in the last weeks thinking they are going to get the full ardor tokens, which may cause another peak near the end.
Ultimately, I see a dump coming on the final day of snapshotting, when those who were only interested in the ardor tokens sell their nxt off again.
@Fragbait. That would be the ideal time to buy NXT for the Ardor snap shotting. No one in their right mind would be tricked to buy at these high prices just to receive Ardor which is not even proven to gain real adoption. So why take a risk at these high prices?
But you need NXT for their 2nd coin called FNT that will be released the same way as ardor.
Wouldn't it be nice to get some NXT (and therefore Ardor child chain tokens) at 1000 sat again?
I doubt it
Judging from the way it looks right now, I speculate that it has peaked for the time being. This could mean one of two things. That it is a good time to wait and look for a fair price to buy or it might be that we should avoid NXT. Why would someone dump right now when they know that the snap shotting is ongoing right now? Somebody knows something is going on with NXT internally with their community.
But you need NXT for their 2nd coin called FNT that will be released the same way as ardor.
True… But that's not in the publics mind at the moment, is it? I for one completely forgot about FNT until it was mentioned. Have to look it up now…
But you need NXT for their 2nd coin called FNT that will be released the same way as ardor.
I think the price has peaked due to ador, and after the snapshot period, nxt will be dumped hard, maybe go back to 1k sat. And people start to pump ador instead.
Well Nxt price has not peaked due to another coin after ardor is suppose to come out sometime in 2017 called FNT, but to get fnt you have to have NXT held in your wallet exactly like getting ardor, so its worth the hold. Im pretty sure more coins on different Child chains are going for the NXT hold strategy.
Hello,
So, up until now, people were accumulating NXT to get Ardor. But since the amount of Ardor is based on how much and how long you hold NXT, there is a point in time, where the price of NXT, or at least the upward pressure created by Ardor will be cancelled out by the fact, that there is not as much Ardor to gain by holding NXT anymore.
Thus, at some point before Ardors release, buy support for NXT will decrease considerably, as long as no other news unrelated to Ardo drive up the price.
My question is: are we there?
And, if we are: What does that say about the perceived potential price of Ardor?
So, up until now, people were accumulating NXT to get Ardor. But since the amount of Ardor is based on how much and how long you hold NXT, there is a point in time, where the price of NXT, or at least the upward pressure created by Ardor will be cancelled out by the fact, that there is not as much Ardor to gain by holding NXT anymore.
Thus, at some point before Ardors release, buy support for NXT will decrease considerably, as long as no other news unrelated to Ardo drive up the price.
My question is: are we there?
And, if we are: What does that say about the perceived potential price of Ardor?
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