Topic: NXT Price Speculation - page 2. (Read 4099 times)

A similar story has been with me. I bought the NXT specifically to get Ardor, kept the NXT until November and sold. I could not wait, it began to pour. Ignis I have not received. Now I start to understand that the wrong done.

I got to know about NXT a year ago when they started the snapshot period for ardor and I decided to buy into nxt. But the price crashed and recently I decided to buy more in order to average the price and also for getting Ignis tokens. Seems like it is paying me well with the appreciation of price.

However, I do expect NXT to get dumped once Ignis is out for trading. And I think it will be hard to predict the price of NXT in the coming weeks as we will see more news and updates from the community. It is still good to added to your portfolio if you are ready to hold for 6 months and more.

I bought a little at 783 sat. I think that the NXT will rise further by 1200 satoshi. He is one of the leaders in the volume at Poloniex. Little else should pump. I regret that I sold too soon. Really not stand the nerves to wait so long.

Yes. NXT and Ardor now pumping. But I don't have it:(
I am on the whole deposit now bought STRATIS. On it there is a great chance to get a good profit to 9 February. They will have a Conference.

https://nxtforum.org/general-discussion/ardor-testnet-countdown/

any news about NXT and Ardor
Pump 2 coins it now

I also wanted to go NXT . But something has gone wrong. And don't regret now. Although a couple of days ago, I bought and sold it away afterwards. You need to be careful in this case.

I did not wait for the NXT growth. Sold at a loss in the fall of 2015. I do not believe that it can continue to increase above today 2k. Its maximum 1,5-2k satoshi. Released ARDR killed NXT. 

Waiting for next NXT pump. Should make good profit.

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.

after addor launh, nxt price is down price, crash down price
before addor launh nxt price, incraese until reach 2500 satoshi, this now nxt price only 636 satoshi
and very dificult nxt price can over 2000 satoshi again

I think a great coin for speculation ... Bought a coin and wait for the growth ...

Cheers for the info man, in this case we could see above 5000k I agree. Regarding the chart, we are now playing with support (which, if you need to hold nxt for ignis, could look more like a pullback to take some more fuel than a real sign of weakness)

There is a wealth of information, start here
https://www.ardorplatform.org/
In summary:

Ardor is a forging token for decentralized consensus.

Ignis, the default child chain based on Nxt 1.0 distribution in Q3 2017 is a transaction token, with features like Nxt 1.0 has now (asset exchange, monetary system, messaging, voting, shuffling, data cloud) PLUS future features MINUS forging which will be delegated to the Ardor uberchain.
Ignis users will pay fees in Ignis tokens to Ignis block creators. Ignis block creators will pay fees in Ardor tokens to Ardor forgers to record hashes of Ignis blocks into Ardor, the decentralized consensus uberchain. Ardor's primary function is to maintain decentralized consensus. Users will need Ignis to operate some kind of business, for example setting up a crowdfunding must happen on an asset exchange, on Ignis, with Ignis tokens, can't do it with Ardor. So there's your utility for Ignis tokens.

There will be other child chains set up on the Ardor platform by businesses, communities, etc. with their special subset of Ignis features and requirements, all their transactions will be validated by Ardor uberchain. For example, a business may want to create a child chain with data cloud only to store copies of documents, something what Factom does. That business will need to store hashes of their child chain's blocks in the Ardor uberchain and pay fees for that to Ardor forgers.

Ardor uberchain needs to save only hashes of child chain blocks, the blockchain size will be relatively small. This is the main goal of devs - solve the scalability problem of the blockchain.

TL;DR
Ardor is for decentralized consensus - security uberchain.
Ignis is for running a blockchain business, asset trading, building all sorts of blockchain infrastructure software, etc.
Depending on your usage profile and the role you take upon yourself you may want to own one of them or both or none.

So their will be production of two tokens ? Ardor and Ignis ? what is the point of ardor then ? maybe just give me a link and i'll stop bothering you

Should we really call it a pump? October 0.000025 btc to December 0.00005 btc is 2x, hardly a pump, rather a gradual re-evaluation as Ardor makes it to testnet and becomes a tangible.

Now about why.
Because Ardor won't have the features of the default child chain. Ardor will be a forging token, it will have two functions: forging and simple Ardor transfer.
You will need to own Nxt 1.0 up until Q3 2017, to get a share of the default child chain tokens, Ignis, the name community chose for it and to use all the current Nxt 1.0 and all the future functions in Nxt 2.0.

Why would nxt pump when at each snapchot it loses value that goes to ardor?

Moon can't happen before Ardor is released, this is obvious and I am hopeful needs no explanation?
Having said this I expect price of base coin to be higher than it is now in December: 5,000 is feasible, because the test release will approach deployment and other factors.
Ardor roadmap is January 2017 on testnet, Q3 2017 on mainnet - the two gears that have to be successively switched before any moon talk can actualize.

@freshman777. From your statement it sounds like you expect NXT to stay at the current price now. Do you think there will be another rise coming? Or is that it since 65% of the Ardor distribution has already been completed there will be no more interest for the speculators to buy NXT? At first I thought it was "going to the moon" because of Ardor.

Although 65% of ARDR distribution is completed, the price of the underlying coin is comfortable. Some dump by the hot potato chasers was not unexpected and it happened, the bigger part of it. My assumption is the base coin will end the ARDR distribution phase in the 2,500-3,000 zone, but should slowly return to stable 4,000-5,000 come December as new factors come into play. Investors will be rewarded with a new asset in October to add to that base coin price. A longish 3 month prediction, but it's a necessity to make plans spanning months with Nxt2.0(ARDR), it is a long play. Looking past December isn't possible, we'll have to see the new platform running on testnet in January to tell what's next.