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Author Topic: Price speculation  (Read 4295104 times)

gh

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Re: Price speculation
« Reply #27660 on: July 17, 2016, 10:38:43 am »

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« Last Edit: February 05, 2017, 04:15:18 pm by gh »
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8

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Re: Price speculation
« Reply #27661 on: July 17, 2016, 11:27:38 am »

ok enjoy your dream
Let me make one example: Asset 12659653638116877017 (SuperBTC) is backed by Bitcoins. Hence, one SuperBTC = one Bitcoin in value.
When NXT is worth 0.00002 Bitcoins, SuperBTC should be worth 50,000 NXT (1 / 0.0002)
When NXT is worth 0.00004 Bitcoins, SuperBTC should be worth 25,000 NXT (1 / 0.0004)
Now, someone may look at the SuperBTC asset in isolation and say: "The Ardor snapshots are hurting the Assets". The truth is that the SuperBTC asset is worth exactly the same as before. It all depends on what the actual backing behind the asset is - if it is something with a real, perceived value, then the Ardor snapshot process will not hurt the asset.
definitely! The assets are backed by the underlying securities' or companies' value. As long as they are operational well, paying dividends. The price of the assets wouldn't go lower although the price in terms of NXT is decreasing, the price in terms of fiat is still stable or slight higher!
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Joseph123

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Re: Price speculation
« Reply #27662 on: July 17, 2016, 12:50:53 pm »

We are in NXT. lets get NXT holders and investors winning in NXT.
Yes, in a dream world NXT would go up by 373% and at the same time assets would also go up by 373% - a total of 1391%

I would, i already got 4% of my money in NXT, and i'm happy for now.
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xchrix

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Re: Price speculation
« Reply #27663 on: July 17, 2016, 03:02:20 pm »

i dont get it why the price is falling now for days.
looks like people dont understand the snapshot mechanism  :-\
why buy NXT and sell it when the snapshort period starts?
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farl4bit

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Re: Price speculation
« Reply #27664 on: July 17, 2016, 03:03:35 pm »

i dont get it why the price is falling now for days.
looks like people dont understand the snapshot mechanism  :-\
why buy NXT and sell it when the snapshort period starts?

There are a lot of daytraders who don't give about the coins, they just make profit buying/selling coins. They can influence the price.
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galeki

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Re: Price speculation
« Reply #27665 on: July 17, 2016, 03:08:37 pm »

i dont get it why the price is falling now for days.
looks like people dont understand the snapshot mechanism  :-\
why buy NXT and sell it when the snapshort period starts?

Maybe they think NXT will be useless when snapshot ends.
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neofelis

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Re: Price speculation
« Reply #27666 on: July 17, 2016, 04:19:10 pm »

Remember, NXT balance gets a person tokens in Ardors first child chain (FNX?) at 2:1 ratio next year.  If someone is planning on abandoning NXT, they should wait at least until then.  I plan on keeping all my nxt as well as buying more. 
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gh

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Re: Price speculation
« Reply #27667 on: July 17, 2016, 04:31:55 pm »

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« Last Edit: February 05, 2017, 04:14:57 pm by gh »
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feelgood

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Re: Price speculation
« Reply #27668 on: July 17, 2016, 04:33:17 pm »

i dont get it why the price is falling now for days.
looks like people dont understand the snapshot mechanism  :-\
why buy NXT and sell it when the snapshort period starts?

I know why, there has been someone who has been selling, very very likely the same guy who has been selling for literally the past year straight. I feel its fairly likely its even a bot doing the selling. He may not even be aware or care about Ardor.

I'm grateful mynxt got top 300 accounts up, now we need to see what account this is coming from and how much fuel this class-clown has left.
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feelgood

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Re: Price speculation
« Reply #27669 on: July 17, 2016, 04:33:55 pm »

Quote from: link=topic=85.msg222028#msg222028 date=1468773197
i dont get it why the price is falling now for days.
looks like people dont understand the snapshot mechanism  :-\
why buy NXT and sell it when the snapshort period starts?
I know why, there has been someone who has been selling, very very likely the same guy who has been selling for literally the past year straight. I feel its fairly likely its even a bot doing the selling. He may not even be aware or care about Ardor.

I'm grateful mynxt got top 300 accounts up, now we need to see what account this is coming from and how much fuel this class-clown has left. I'm very confident the dumper is an original Nxt stakeholder... so frustrating, I just want him to be done and gone from here he has held down our coin price for WAY TOO LONG
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feelgood

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Re: Price speculation
« Reply #27670 on: July 17, 2016, 04:36:49 pm »

If someone is inclined PLEASE, help us find these original stakeholder accounts that are dumping, so we can see how much they have left
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gh

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Re: Price speculation
« Reply #27671 on: July 17, 2016, 04:40:21 pm »

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« Last Edit: February 05, 2017, 04:14:46 pm by gh »
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yassin54

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Brangdon

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Re: Price speculation
« Reply #27673 on: July 17, 2016, 08:24:32 pm »

Even if the price of NXT goes really low (below 1000 Sats), the NXT platform could still be attractive to use since then the transaction fees will also be very low.
Assuming the fees don't change. If the real-world price of transactions gets too low, then the fees no longer discourage spam. There must be a lower limit, below which the fees have to increase to compensate. I don't know what that limit is, though.

Likewise, if the price of NXT gets too high we will need to reduce the fees. I think it's increased something like five-fold recently, since NXT:BTC has increased and so has BTC:fiat. There ought to be an upper limit as well as a lower one, and we ought to be closer to it now. A fee change in either direction currently requires a hard fork, so isn't done lightly.

Maybe we don't care so much about spam on the NXT platform now that NXT 2.0 is coming, since the transaction history won't be carried across to Ardor. All accounts will be ported, though, so spam that creates lots of new accounts will still have lasting costs. Child-chains ought to have low fees, but it seems to me that transactions that create new accounts will somehow always need to be expensive. I don't know how to arrange that without charging a different fee for transfers depending on whether the destination account already exists.
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cryptomommy

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farl4bit

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HCLivess

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Re: Price speculation
« Reply #27676 on: July 18, 2016, 08:58:35 am »

Stop Mining and Start Forging!


What's the computer in that pic? Just picked up a Pi3 myself. It's very sexy.
For a computer.
That's a cubieboard 3, the best you could get at that time 2014. Meanwhile here is a alternative to rpi3, twice as fast for the same buck, $40:
Odroid-c2
* Amlogic ARM® Cortex®-A53(ARMv8) 2Ghz quad core CPUs
* Mali™-450 GPU (3 Pixel-processors + 2 Vertex shader processors)
* 2Gbyte DDR3 SDRAM
* Gigabit Ethernet

Meegopad T07 was selling for 80 bucks, thats the most powerful embedded processor with 4 gb ram, but needs some physical modding to fix thermal issues
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Producing, Lending, Mining, Trading, Forging, Staking

capodieci

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Re: Price speculation
« Reply #27677 on: July 18, 2016, 10:45:44 am »

Dividend paid for DeBuNe (Asset Id: 6926770479287491943 Issuer: NXT-GQ27-DD53-YM6K-ER6HK)

As announced in this tread and in https://nxtforum.org/debune/announcement-buyback-and-dividend-coming/



R
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wolffang

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Re: Price speculation
« Reply #27678 on: July 19, 2016, 07:23:22 pm »

Bitwala is now accepting Nxt! Pay any bank account or top up your Debit Card using NXT.

http://about.bitwa.la/bitwala-accepting-all-major-cryptocurrencies/
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MrCluster87

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Re: Price speculation
« Reply #27679 on: July 20, 2016, 09:01:24 am »

Cheap NXT it seems. 3.545 satoshi on Polo
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