Topic: Made New Vlog: 'Survived The NXT Bear!' (Read 505 times)

Lisk and all its variations are based on nxt. Ardor is nxt2.0 and it offers more than the original nxt1.0. That will give it a bigger market cap than lisk. Lisk can't compete with Ardor because Ardor has superior practical applications from its high performance tech.

Thanks ashapasa  

Here you can find my initial reasons:
https://www.youtube.com/watch?v=ruYAxKeWxnM&list=PLJsRA97ztzdJ6N4ADOIszoSqG01KMaxMv&index=39


In summary I started investing because of the 100% Proof Of Stake architecture making it much more secure network against a 51% attack than bitcoin as well as offer much cheaper transactions.

I also liked very much that they got completely rid of inflation.


Since then I learned that no inflation is not desirable as bills for development and marketing need to get payed by all coinholders, and not just those that donate, and thus inflation is the only way to achieve this if you want to continue to offer a low fee network.


My initital scepticism that they were shooting too broad trying to offer decentralised money, as well as decentralised asset exchange, messaging, marketplace, monetary system sadly proved valid. Only the asset exchange took off and even that is starting to see strong competition with Counterparty and Omni.

That being said, they are husling hard to find a niche. I think the future for NXT is indeed Ardor, offering people an easy way to setup their own cryptocurrency or decentralised application that is scalable, and could be very successful if they succeed in attracting users to the public blockchain.


Being a leading POS coin, they may also receive a windfall inflow of users scared away from bitcoin's rising transaction costs.

What made you invest heavily in nxt in the first place? Any predictions for 2016-17 for ardor and other crypto coins.

Anyway congrats for being an early investor of nxt.

Quote from youtube:



You're right, shouldn't be hard on myself, just like to recognize mistakes I make as to avoid them in the future.


I think I was right to conclude that fundamentals had weakened, the continued exodus of people and projects and loss in crypto ranking market cap, meant risk that it became a total bust had gone up.

However, price also had gone down, and bitcoin continued to make big mistakes increasing chances for another crypto to take the lead, so the potential reward had gone up as well, keeping the risk/reward ratio pretty stable, and thus lowering my exposure wasn't smart move there I think.


Thanks so much for your support andaloons! 

Bump for love 

Hope you like it!  


Scratch Here And There But Survived The NXT Bear!
https://www.youtube.com/watch?v=5gnnu-xkXbw


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