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Latest Nxt Client 1.11.9 - NEW RELEASE: Ardor 2.0.3e TestNet IS LAUNCHED! - The Ignis ICO is currently ongoing!!

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Author Topic: Ignis Token Sale Progress  (Read 17871 times)

forkedchain

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Re: Ignis Token Sale Progress
August 09, 2017, 09:58:12 am

The world is unfair  ;D ;D

   NXT-8HNT-4ZTF-ZXH3-7RU38 not only got a huge chunk of IGNIS so far... it forged the block right before the sale for over 4k NXT

Which leads me to a conclusion... unfortunately whales do have a higher chance on this ICO since they are big stakers and consequently have much higher chances to forge blocks. If your machine is forging the block I believe it is almost guaranteed you will be successful in the sale.
I suspect it helps if you run a hallmarked node, too. I have been getting into the right block on my attempts, even when that block was small, and this evening I was finally able to buy. I have been running a hallmarked node for a long time, with enough weight that it was usually in the top 5. I'm sure it used to be in the list of default peers, although it isn't for 1.11.7. I suspect I am still in a lot of other nodes' databases, though. That probably helps with my connectivity, meaning fewer hops between my node and the forging node. It may also help if your node has been running a long time.

Can I run 2 hallmarked nodes under the same account, maybe even copy+paste the settings for it or? I run a hallmarked Pi node but it's too slow for this ICO. My desktop is better suited. If I create another hallmark passphrase the old one becomes invalid though, I assume.
you can, but the hallmarks on each have to be different, as the hallmark corresponds to IP address or hostname.  you can use the same weight for each though, when creating the hallmark.  use the same weight unless maybe if the performance on the 2 machines differ too much

Thanks forkedchain. I created a new passphrase. However, the nodes share the same public IP but the Pi announces a DDNS address. Does this count as different or will there be any problems?
i assume you have them on different ports?  where one is standard 7674 and the other is something else?  if so, then i believe the hostname field of generate hallmark does support specifying a port.  check the wiki on it
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cayenne

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Re: Ignis Token Sale Progress
August 09, 2017, 03:14:10 pm

My new plan: wait until Ignis launches and is available on the exchanges. Then I may buy some at market prices.

galeki

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Re: Ignis Token Sale Progress
August 09, 2017, 03:46:06 pm

Current ARDR:NXT almost 1:1.

And NXT:IGNIS is 1:0.4.

That's means 1 IGNIS = 2.5 ARDR.

I think that's unlikely after Ardor mainnet lunch. ;)

ceric35

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Re: Ignis Token Sale Progress
August 09, 2017, 04:33:55 pm

That's means 1 IGNIS = 2.5 ARDR.

That's means 1 IGNIS = 0.4 ARDR

galeki

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Re: Ignis Token Sale Progress
August 09, 2017, 05:30:41 pm

That's means 1 IGNIS = 2.5 ARDR.

That's means 1 IGNIS = 0.4 ARDR

You're right.  :D

digicoiner

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Re: Ignis Token Sale Progress
August 09, 2017, 05:51:38 pm

I put in 15 exchange orders (some with higher fees and some not)  a few minutes before the sale and not one was accepted :(
It looks like 8 accounts succeeded and around 650 failed. This ICO is massively oversubscribed, and the "first come first served" policy means that 99% of people are disappointed each round. The number of people trying is going down. People are giving up.

On the other hand, over 80 accounts have now been successful over the 8 offers. We'll probably have over 100 by the end of the first tranche, in two days. The winning accounts vary in size a lot - one bought just 170.

Still having no luck.  Maybe it would have been better if they offered JLRDA as an asset or provided an address to send NXT to (with limits) or all three options.  It might increase the distribution and give us a better chance of grabbing some cheap IGNIS.

Caracalla

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Re: Ignis Token Sale Progress
August 09, 2017, 07:04:59 pm

JLRDA for sale: 0

Again.

So we have to connect us excatly at 6h45 UTC or 18h45 UTC and hope have luck?
C'est en forgeant qu'on devient forgeron.

Dépôt EUR>NXT => Coinimal (Tell A Friend): https://www.coinimal.com/?ref=757612

Werum

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Re: Ignis Token Sale Progress
August 09, 2017, 07:12:59 pm

fail again

neofelis

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Re: Ignis Token Sale Progress
August 09, 2017, 08:02:09 pm

Think of it as a lottery.  There are a limited number of transactions per block and the JLRDA usually sells out within one block because everybody puts in their bid ahead of time.  The vast majority of people don't get any JLRDA when it becomes available because so many people are entering orders.  Whales can still scoop up alot because they place big orders, but the chances of them getting into a block are the same as yours.

Correct me if I'm wrong...

Caracalla

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Re: Ignis Token Sale Progress
August 10, 2017, 07:01:17 pm

Definitively imposible to buy JLRDA. I was exactly connected at 18h45 UTC and still 0 JLRDA available for sale and again all of my orders passed in vain. Maybe I missed something but it was my first ICO ever, and the result is NOTHING.  ???
C'est en forgeant qu'on devient forgeron.

Dépôt EUR>NXT => Coinimal (Tell A Friend): https://www.coinimal.com/?ref=757612

dollabillz

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Re: Ignis Token Sale Progress
August 10, 2017, 07:31:17 pm

This is shit ICO, every day I tried to buy and every day i failed. What waste off time.

MrV777

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Re: Ignis Token Sale Progress
August 10, 2017, 08:32:44 pm

Definitively imposible to buy JLRDA. I was exactly connected at 18h45 UTC and still 0 JLRDA available for sale and again all of my orders passed in vain. Maybe I missed something but it was my first ICO ever, and the result is NOTHING.  ???

You have to put your order in ahead of time using the 1.11.7 client if you want a chance.  They sell out immediately
NXT: NXT-BK2J-ZMY4-93UY-8EM9V
NXT nodes: 209.222.98.250, 216.155.128.10

jimboh

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Re: Ignis Token Sale Progress
August 10, 2017, 09:59:16 pm

I re-installed version 1.11.7 but get the message i need a full node and it will not accept my order....tried reinstall again and it gives me 2 options install light client or testnet? Please advise.

hob

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Dump your NXTs on me ;-P  NXT-3EK4-QWSA-3MVK-H22AY

rgmartin0727

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Re: Ignis Token Sale Progress
August 11, 2017, 12:33:41 pm

Question unrelated to the rest of the thread:

Are larger transactions preferred by the network, or is it totally random? I'm asking because I'm a smaller investor, only looking to purchase a little bit of IGNIS, and all of the transactions I've seen posted have been for several thousand.

Thank you!

jimboh

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Re: Ignis Token Sale Progress
August 11, 2017, 01:02:43 pm

What a disappointing pre sale. Whale traders acquired just about all tokens sold. I can only hope the next round at .55 per token is available to me. If not it would appear i am stuck with NXT tokens that continue to drop in price from my buy on 8-4-17 at .1635

forkedchain

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Re: Ignis Token Sale Progress
August 11, 2017, 02:14:05 pm

Question unrelated to the rest of the thread:

Are larger transactions preferred by the network, or is it totally random? I'm asking because I'm a smaller investor, only looking to purchase a little bit of IGNIS, and all of the transactions I've seen posted have been for several thousand.

Thank you!
size of order/transfer has zero bearing.  its all about the time the transaction was first seen by the node that forges the block as the 1st factor.  if there are too many transactions to fit in the block, then out of that list of ordered transactions it includes only those transactions so as to maximize forging fees.
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neofelis

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Re: Ignis Token Sale Progress
August 11, 2017, 03:27:05 pm

What a disappointing pre sale. Whale traders acquired just about all tokens sold. I can only hope the next round at .55 per token is available to me. If not it would appear i am stuck with NXT tokens that continue to drop in price from my buy on 8-4-17 at .1635

Actually, alot of people who aren't whales are getting IGNIS now with the upgraded client.  Sure, a smart whale took the first couple of rounds but now you have the same chance everybody else does.  Put in an order for all you want and just keep updating it for each round.  Costs you 1 nxt (about 13 cents) which is pretty cheap.  And don't fret if you don't get any.  At the minimum, you'll get .5 IGNIS/NXT you own.  Nobody has any advantage over anybody else here.  It is the fairest ICO I've seen.  No special favors for freinds of the Devs or presale favors.  There are alot more rounds left and if you stick with it, I'm sure you'll get some of the discounted INGIS.  There are after all, 500M IGNIS available.

tazinv

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Re: Ignis Token Sale Progress
August 11, 2017, 03:59:15 pm

It is the fairest ICO I've seen.  No special favors for freinds of the Devs or presale favors.
LOL. And this is why 30% of tokens of the first round went to the same person? Why is it even called crowdsale then? Also, right now JLRDA/NXT is 0.4, but in the last round of sale it would be 1.4, and then even 2. Will it become 3.5 and 5 times better respectively by the time of the following sale round or what is the reason in such a crazy price increase? And what should other people do who got trapped with worthless NXT tokens? This is a perfect example of why these ICOs must be regulated.

neofelis

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Re: Ignis Token Sale Progress
August 12, 2017, 05:11:03 am

I mentioned why the first whale got all those tokens in my last post.  That problem has been fixed.  Regulation hurts everybody, don't be fooled thinking the government can fix anything.  As the ICO is going now, it is fair.  I haven't gotten any IGNIS yet either but lots of different people have, the distribution will be as broad as it can be. 

I might have changed it by offering all the IGNIS at once and just selling them until they were gone at whatever price Jelurida wanted.  The max sales per block would've been about 255.  It probably would've sold out in about an hour and then we'd be done.  Whales would've had the same opportunity to buy as you or I.  There is no whale that could've afforded to buy them all or even come close. 

Sorry your NXT are dropping in price.  Just hold onto them and you'll get IGNIS which will be worth a lot more than NXT once ARDOR goes live, so don't give up. 
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