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Author Topic: Price speculation  (Read 3336314 times)

SamIbandii

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Re: Price speculation
« Reply #28320 on: December 03, 2016, 09:31:24 am »

there are no more any price speculators.

the volumes are totally dead. the price of NXT and ARDR is converging towards 0 and there is literally no buying support (10 BTC on ARDR !)

i wonder how long before we hear that the dev team is calling an end to the project ? surely they wouldn't let the price sink so low if they were still genuinely interested in the success of that project.

How come?
Now is the time to buy cheap and wait patiently. I feel that 2017 will be a very exiting year for ARDR.

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SamIbandii

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Re: Price speculation
« Reply #28321 on: December 03, 2016, 09:36:01 am »

there are no more any price speculators.

the volumes are totally dead. the price of NXT and ARDR is converging towards 0 and there is literally no buying support (10 BTC on ARDR !)

i wonder how long before we hear that the dev team is calling an end to the project ? surely they wouldn't let the price sink so low if they were still genuinely interested in the success of that project.

How come?
Now is the time to buy cheap and wait patiently. I feel that 2017 will be a very exiting year for ARDR.

Sorry typo mistake: I mean exciting
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OTSnl

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Re: Price speculation
« Reply #28322 on: December 03, 2016, 09:40:00 am »

What do you think for the price.of NXT. Also the same as Ardor.?
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SamIbandii

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Re: Price speculation
« Reply #28323 on: December 03, 2016, 10:03:24 am »

What do you think for the price.of NXT. Also the same as Ardor.?

You can read all about the possible correlation in price of NXT and ARDR on this tread:
https://nxtforum.org/core-development-announcements/(ann)-ardor-or-nxt-2-0-a-scalable-child-chain-platform/40/

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marenkar

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Re: Price speculation
« Reply #28324 on: December 03, 2016, 10:33:57 am »

there are no more any price speculators.

And yet, here you are! :)

the volumes are totally dead. the price of NXT and ARDR is converging towards 0 and there is literally no buying support (10 BTC on ARDR !)

So what if the volume is low? Would you like to have the volume high and filled with sell orders?

i wonder how long before we hear that the dev team is calling an end to the project ? surely they wouldn't let the price sink so low if they were still genuinely interested in the success of that project.

NXT has a market cap of close to $6m and ARDR has a market cap of about $9m, for a total of about $15m. So the devs should just stop working on Ardor completely because the total value of both platforms, with one not even having testnet yet, is a "low" $15m?

Here are some companies with a market cap of under $15m:

https://www.qualstar.com/
http://www.rubicontechnology.com/
https://monsterdigital.com/

I'm not saying that we should constantly compare ourselves with companies that have a lower market cap, but hopefully this gives you an idea as to how crazy your question is about devs quitting the project simply because the price is "low".  That said, the devs are working towards the best remedy for the price of ARDR - getting testnet ready. I've told you this multiple times on Reddit.
« Last Edit: December 03, 2016, 10:41:10 am by marenkar »
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Damelon

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Re: Price speculation
« Reply #28325 on: December 03, 2016, 12:51:30 pm »

there are no more any price speculators.

the volumes are totally dead. the price of NXT and ARDR is converging towards 0 and there is literally no buying support (10 BTC on ARDR !)

i wonder how long before we hear that the dev team is calling an end to the project ? surely they wouldn't let the price sink so low if they were still genuinely interested in the success of that project.

The dev team is not calling an end.
Why would they?
They just incorporated several limited companies and if anything, that is a sign they are in this for the long haul.
I can vouch for that, as I am also in these companies.

See here the registrations:

Jelurida Holding B.V. https://www.kvk.nl/orderstraat/product-kiezen/?kvknummer=669826770000&origq=jelurida
Jelurida IP B.V. https://www.kvk.nl/orderstraat/product-kiezen/?kvknummer=669904240000&origq=jelurida
Jelurida B.V. https://www.kvk.nl/orderstraat/product-kiezen/?kvknummer=660229590000&origq=jelurida

Both Nxt and Ardor are actively being developed. If you choose not to see that, that's up to you (and anyone else).

Nxt has had several updates over the last months, and Ardor is being developed on the development branch.

If price speculators choose to go somewhere else: let them. They will come back once news breaks again. If the only way to attract them is to keep putting out PR that is empty of value and just teaching people to chase the latest glimmer of tinsel, then I don't care to do that. Never have, never will. In the long term, it's messing up the industry and I'd rather build something lasting.

Building stuff that lasts is usually boring. Well, we're extremely boring at this time. And that's a good thing.

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neofelis

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Re: Price speculation
« Reply #28326 on: December 03, 2016, 03:54:27 pm »

Also Nxt is set up that the top coin holder just holds and forges and he ends up with all the Nxt.

Somebody already did the math on that and calculated it would take about 1000 years.  That's assuming the forger and his next ten generations never stopped forging and never spent their NXT on such trivialities as living.

I think we're safe.   :)
« Last Edit: December 07, 2016, 03:33:28 pm by neofelis »
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GrossBit

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Re: Price speculation
« Reply #28327 on: December 04, 2016, 04:29:22 pm »

its kind of pleasant to see more people participating in the forum.

now please tell me:
what good is NXT compared to ETH or HL for example ? NXT is a member of HL. What good does it do to the design of NXT/Ardor ?

This childchain stuff seems to be just about scaling to me. very good in theory but in practice... NXT is hardly used at all...so is that the answer to NXT problems ? whats the strategy ?

I'd like to be convinced but the plan looks like "lets build a blockchain and see what happens..." but NXT was built, is working fine but not much happened
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blackyblack1

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Re: Price speculation
« Reply #28328 on: December 04, 2016, 04:47:43 pm »

what good is NXT compared to ETH
It is PoS. You do not need to spend a fortune to let the network run. NXT blockchain is couple gigs and Ethereum blockchain is over 100gb. NXT has an inbuilt asset exchange.

or HL for example ?
I assume HL stands for HyperLedger. As far as I know HyperLedger is not even a blockchain. Nothing to compare here.

NXT is a member of HL. What good does it do to the design of NXT/Ardor ?
Nothing as far as I know.
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Marc De Mesel

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Re: Price speculation
« Reply #28329 on: December 05, 2016, 08:45:10 am »

its kind of pleasant to see more people participating in the forum.

now please tell me:
what good is NXT compared to ETH or HL for example ? NXT is a member of HL. What good does it do to the design of NXT/Ardor ?

This childchain stuff seems to be just about scaling to me. very good in theory but in practice... NXT is hardly used at all...so is that the answer to NXT problems ? whats the strategy ?

I'd like to be convinced but the plan looks like "lets build a blockchain and see what happens..." but NXT was built, is working fine but not much happened

I think you might like this video I made:
'Ardor & Great Entrepreneurs'
https://www.youtube.com/watch?v=kzsIasLdNuI&t=2s

as well as this:
'NXT Cryptobull Will Eat Traders For Breakfast' (starting at 11m20s)
https://youtu.be/wMMkws4fzWg?t=11m20s

Damelon

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Re: Price speculation
« Reply #28330 on: December 05, 2016, 09:19:21 am »

its kind of pleasant to see more people participating in the forum.

now please tell me:
what good is NXT compared to ETH or HL for example ? NXT is a member of HL. What good does it do to the design of NXT/Ardor ?

This childchain stuff seems to be just about scaling to me. very good in theory but in practice... NXT is hardly used at all...so is that the answer to NXT problems ? whats the strategy ?

I'd like to be convinced but the plan looks like "lets build a blockchain and see what happens..." but NXT was built, is working fine but not much happened

Nxt (and Ardor) are way less ambitious than Ethereum is, with all the *benefits* that brings.

Regardless what kind of news you might see, you will be hard pressed to find someone who is going to use Ethereum in a production environment which is dealing with large value.
Why? Because it's simply not safe enough. It has so much potential to go wrong at this moment, you will not see this happening soon.

Nxt is less ambitious, but this also means safer to use and easier to implement. This is a strength, not a weakness.

Our strategy (at least the one I have been following with a few others for almost two years) is not to take Nxt to end users, but to get it accepted and used by enterprise level customers, who are much better placed to get it to end users.

This typically means long sales and development cycles, as enterprises are much slower in their work. They also are much more effective once they get to market.

You can see an example of this in the NSD: http://www.coindesk.com/russia-national-settlement-depository-blockchain-voting/
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Brangdon

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Re: Price speculation
« Reply #28331 on: December 05, 2016, 10:14:09 am »

This childchain stuff seems to be just about scaling to me. very good in theory but in practice... NXT is hardly used at all...so is that the answer to NXT problems ? whats the strategy ?
It's partly scaling and partly enabling private (child) chains with high security. The latter should be attractive to business.
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GrossBit

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Re: Price speculation
« Reply #28332 on: December 05, 2016, 03:32:48 pm »

in what sense NXT is more safer or more secure ?

if we look at all the attacks ETH has been victim, for example, why can't those happen on NXT ?
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lurker10

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Re: Price speculation
« Reply #28333 on: December 05, 2016, 03:38:45 pm »

in what sense NXT is more safer or more secure ?

if we look at all the attacks ETH has been victim, for example, why can't those happen on NXT ?

Because technology.
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Pilot

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Re: Price speculation
« Reply #28334 on: December 05, 2016, 05:25:33 pm »

there are no more any price speculators.

the volumes are totally dead. the price of NXT and ARDR is converging towards 0 and there is literally no buying support (10 BTC on ARDR !)

i wonder how long before we hear that the dev team is calling an end to the project ? surely they wouldn't let the price sink so low if they were still genuinely interested in the success of that project.

IMO the value shifts from the blockchain to the technology, to then, eventually, go back to the blockchain (ARDR mainly).

In the long term, IMO again, ARDR will go up. Just because of the use it has.

R

Folks have been saying that about NXT for all the years I've been here HOLDing.
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marenkar

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Re: Price speculation
« Reply #28335 on: December 06, 2016, 12:11:00 am »

its kind of pleasant to see more people participating in the forum.

Any chance you can reply to the feedback we gave to your comments? :)

CryptKeeper

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Re: Price speculation
« Reply #28336 on: December 07, 2016, 07:57:53 am »

First Byteball linking phase has just started! Now you can get free Bytes and Blackbytes if you hold any bitcoins:
https://twitter.com/byteballorg/status/806290785486467073

But don't sell your Nxt or Ardor now, that's a bad idea!  :D
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Brangdon

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Re: Price speculation
« Reply #28337 on: December 07, 2016, 09:12:14 pm »

in what sense NXT is more safer or more secure ?

if we look at all the attacks ETH has been victim, for example, why can't those happen on NXT ?
Ethereum includes an open scripting language. Anyone can, in effect, add new features by writing scripts for it. The bugs have been in the 3rd party scripts, not in the core. Nxt doesn't have a scripting language, so it can't fail the same way. Nxt's design is more conservative.
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GrossBit

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Re: Price speculation
« Reply #28338 on: December 08, 2016, 07:52:09 am »

in what sense NXT is more safer or more secure ?

if we look at all the attacks ETH has been victim, for example, why can't those happen on NXT ?
Ethereum includes an open scripting language. Anyone can, in effect, add new features by writing scripts for it. The bugs have been in the 3rd party scripts, not in the core. Nxt doesn't have a scripting language, so it can't fail the same way. Nxt's design is more conservative.

but i thought it was possible to program Smart Contracts with NXT/Ardor. I think i remember having seen some examples of stuff written in Javascript on the nxter or some blog page.
what would be the difference between Javascript and Eth open scripting language apart from the different syntax ?
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blackyblack1

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Re: Price speculation
« Reply #28339 on: December 08, 2016, 08:09:27 am »

but i thought it was possible to program Smart Contracts with NXT/Ardor.
No it is not possible.

what would be the difference between Javascript and Eth open scripting language apart from the different syntax ?
As long as Ethereum does not support programming it's smart contracts with Javascript one cannot tell how would it be like to do it.
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