Nxt Forum

Please login or register.

Login with username, password and session length
Advanced search  

News:

Latest Nxt 1.11.13 - NEW RELEASE: Ardor 2.0.14 - The Ardor genesis block happened at 0:00 January 1st

Pages: 1 ... 1447 1448 [1449] 1450 1451 ... 1453

Author Topic: Price speculation  (Read 2635548 times)

tomfra

  • Jr. Member
  • **
  • Offline Offline
  • Posts: 26
    • View Profile
  • Karma: +1/-0
Re: Price speculation
January 11, 2018, 03:06:25 pm

I believe what ARDR and IGNIS, and partially NXT too, needs most urgently now, is adoption at more exchanges. Ignis is still generally impossible to trade, for example. Without more exchanges, there is a slim chance of the price to go up anytime soon.

neofelis

  • Hero Member
  • *****
  • Offline Offline
  • Posts: 556
    • View Profile
  • Karma: +73/-12
Re: Price speculation
January 13, 2018, 04:26:46 am

True, I'm not sure what the problem is.  Anybody?

Right.Here

  • Full Member
  • ***
  • Offline Offline
  • Posts: 171
    • View Profile
  • Karma: +12/-0
Re: Price speculation
January 13, 2018, 05:57:31 am

True, I'm not sure what the problem is.  Anybody?
i am sure you know very well the NXT problems... like many veterans here...

i started to use NXT from the version 1.5.xx...and we lived two civil wars to change things but unfortunately what we are experiencing today in terms of prices is the repercussions of the failure of the community in the first civil war and the implementation of the dynamic fees against the will of the community and its ecosystem ... which caused the migration of the big part of the capitals invested in the NXT ecosystem to waves which is worth today 10$...

luckily for the newcomers (2nd generation) who joined NXT after ICO, we won the second war long ago and that's why NXT still exists as is today and has not been turned into Ardor... but the problem still the same...

the fees that force the NXT rate to be/stay low for the usability for example if NXT goes up to 2$, you will have to spend 2$ to send 1 NXT, 15$ to 20$ for a simple message ... 2000$ to create a new asset... and if we divides the fee by 10 the price may go up to x10 of the current price...

if we ask to jelurida or the Devs to do this... they will refuse as they did in the past but there is no problem to divide by 100 the fees of the Ardor's child chains (programmed obsolescence)...

i hope the Jelurida guys will adjust the fees in NXT leave it and the NXT community in peace... now they have the Ardor play ground and many work and thing to devlop (destroy) in it  ;D
NXT-LJV5-YSF4-MXXX-438D5

neofelis

  • Hero Member
  • *****
  • Offline Offline
  • Posts: 556
    • View Profile
  • Karma: +73/-12
Re: Price speculation
January 13, 2018, 06:48:21 am

I agree that there needs to be some changes to the fee system, especially since nxt was almost $2.  But I never understood the outcry for lowering the fees when nxt was 0.01 or less.  And I don't think this is what kept nxt out of the mainstream.


About fees,  I've been advocating some time for allowing the forgers to set their own fees.  For example, if a forger set his fee for issuing an asset at 50 nxt, when his time came up to forge a block and there was an asset issue transaction that offered 45nxt, it would not be included in the block and the issuer would have to wait for a forger who would accept his price.  Simple.

NXT belongs to Jelurida.  I am here because I believe in what they have created. As of today, my investment in the tech has resulted in a gain of 5000%.  Hard to complain.

Right.Here

  • Full Member
  • ***
  • Offline Offline
  • Posts: 171
    • View Profile
  • Karma: +12/-0
Re: Price speculation
January 13, 2018, 07:24:34 am

I agree that there needs to be some changes to the fee system, especially since nxt was almost $2.  But I never understood the outcry for lowering the fees when nxt was 0.01 or less.  And I don't think this is what kept nxt out of the mainstream.

About fees,  I've been advocating some time for allowing the forgers to set their own fees.  For example, if a forger set his fee for issuing an asset at 50 nxt, when his time came up to forge a block and there was an asset issue transaction that offered 45nxt, it would not be included in the block and the issuer would have to wait for a forger who would accept his price.  Simple.

the fees are not directly related to the price but it is a major factor in terms of competitiveness compared to other coins

is the economic dynamics of an ecosystem that directly affects the value of a crypto ... and this dynamic is affected by its operational cost which indirectly links the price to the fees...

for your idea to give the forger the controle over the fees... i don't think is a good idea to keep something like this between the hands of the users... i have in mind the ICO 1coin guy and similar

Quote
NXT belongs to Jelurida.  I am here because I believe in what they have created. As of today, my investment in the tech has resulted in a gain of 5000%.  Hard to complain.

the problem with jelurida is that they do not stop to develop things and change things in the API, which forces all the world to follow this evolution and unfortunately the developers who want to write programs based on NRS and NXT leave to work on other things ... ETH like freemarket...

Quote
my investment in the tech has resulted in a gain of 5000%.
you are not alone in this  ;D ;D ;D ;D
NXT-LJV5-YSF4-MXXX-438D5

tomfra

  • Jr. Member
  • **
  • Offline Offline
  • Posts: 26
    • View Profile
  • Karma: +1/-0
Re: Price speculation
January 13, 2018, 09:27:17 am

Any chance of a 3rd civil war? :) Despite I have been with NXT since late 2013, I was not paying attention to cryptos until recently, after a few years break.

Anyway, NXT fees are too high even at the current NXT levels, the fees absolutely have to go much lower or NXT will become redundant.

Another issue I believe is a problem for both NXT and Ardor platforms is that they are too intimidating for many users. Couldn't we perhaps have something like a "simple view" that would hide anything except for the most basic info necessary to receive and send coins? That has to be an easy change.

And security - wouldn't it be possible to enable some kind of a 2 factor authentication or sending from preauthorized IPs only etc?

PotShot-RSA

  • Full Member
  • ***
  • Offline Offline
  • Posts: 113
    • View Profile
  • Karma: +3/-5
Re: Price speculation
January 13, 2018, 10:03:38 am

...
And security - wouldn't it be possible to enable some kind of a 2 factor authentication or sending from preauthorized IPs only etc?

Account Control provides the security.

Edit: but then you need to keep your records for each account in separate places, in case it is compromised, so 2FA could be a good thing
« Last Edit: January 13, 2018, 10:31:47 am by PotShot-RSA »

Brangdon

  • Hero Member
  • *****
  • Offline Offline
  • Posts: 1387
  • Quality is addictive.
    • View Profile
  • Karma: +229/-25
Re: Price speculation
January 13, 2018, 11:02:32 am

True, I'm not sure what the problem is.  Anybody?
i am sure you know very well the NXT problems... like many veterans here...

i started to use NXT from the version 1.5.xx...and we lived two civil wars to change things but unfortunately what we are experiencing today in terms of prices is the repercussions of the failure of the community in the first civil war and the implementation of the dynamic fees against the will of the community and its ecosystem ... which caused the migration of the big part of the capitals invested in the NXT ecosystem to waves which is worth today 10$...

luckily for the newcomers (2nd generation) who joined NXT after ICO, we won the second war long ago and that's why NXT still exists as is today and has not been turned into Ardor... but the problem still the same...

the fees that force the NXT rate to be/stay low for the usability for example if NXT goes up to 2$, you will have to spend 2$ to send 1 NXT, 15$ to 20$ for a simple message ... 2000$ to create a new asset... and if we divides the fee by 10 the price may go up to x10 of the current price...

if we ask to jelurida or the Devs to do this... they will refuse as they did in the past but there is no problem to divide by 100 the fees of the Ardor's child chains (programmed obsolescence)...

i hope the Jelurida guys will adjust the fees in NXT leave it and the NXT community in peace... now they have the Ardor play ground and many work and thing to devlop (destroy) in it  ;D
I don't blame low fees for the exodus. I blame lack of backwards compatibility. Devs need a stable platform, and Nxt didn't provide it. That's a big part of why at least some devs left. Jelurida took the view that the database library they used would make breaking changes and therefore so could they. Hopefully Ardor will be better, although I wouldn't bet on it. The recent decision to have a hard fork without giving exchanges enough time to update, creating chaos, shows they still think the world revolves around them.

The reason there's no problem setting Ignis fees to be 1% of Nxt fees is the pruning child-chain architecture. It's one of the major benefits to justify the upheaval of moving. You can't expect to see Ignis-like fees in Nxt.

I wouldn't expect any changes to Nxt that don't come from Ardor or from Nxt clones. In my view its been clear for over a year that Ardor is the future. So, if you want dynamic fees in Nxt you'll need to implement it yourself, or pay someone to.

drsnuggles

  • Jr. Member
  • **
  • Offline Offline
  • Posts: 18
    • View Profile
  • Karma: +1/-0
Re: Price speculation
January 13, 2018, 09:48:18 pm

Why is it a problem if NXT dies? It's soul lives on in Ardor and Ignis. Can't see any added value in NXT.

What I do see it that all three coins are really feature rich in reality, not just in white papers. All we need is a bit of marketing and companies who start to use Ardor like they are doing with Ethereum.

neofelis

  • Hero Member
  • *****
  • Offline Offline
  • Posts: 556
    • View Profile
  • Karma: +73/-12
Re: Price speculation
January 14, 2018, 04:08:02 pm

I had often thought, and occasionally verbalized on this forum, that Ardor should completely replace NXT.  However, many people had businesses up and running using NXT and those weren't transferrable to Ardor.  So Jelurida agreed to keep NXT going and promised support for 1-2 years. It will continue to live as long as just one person maintains the blockchain.

Cryptocurrency is new technology and it must evolve.  Early on, it evolved fast and there were (and will continue to be) hard forks.  There have been at least 3-4 since NXT started.  As Ardor gets stable, there will be less hard forks.  Each fork, though, represents evolution and improvement. 

One of Bitcoin's fatal flaws, among others, is the inability to evolve.  In the next 10 years, as people recognize Bitcoin's limitations and life expectancy, they will start migrating to other cryptocurrencies.  We need to see that Ardor is fully up and running by then so we can be an attractive alternative to all the others.  I hope and pray that Jelurida will adequately promote Ardor to ensure it remains visible during that time.  I also pray that Jelurida aren't just out buying their lambos right now.  They've earned them though.  Maybe just one each... :)

Singularity

  • Newbie
  • *
  • Offline Offline
  • Posts: 4
  • BLOCKCHAIN is the FUTURE.
    • View Profile
  • Karma: +0/-0
Re: Price speculation
January 14, 2018, 05:44:52 pm

Lets`be Serious!

ARDOR is the Crypto that Need Attention because ARDOR if we talk like a Platform is Scalable Secured and have Alot of Potential to become bigger and bigger by Adopting other Alt Coins child chains. But what i mean is that the ARDOR itself is the TOP.
Now the time will show the Team only have to have more Bussines Partners the Ardor platform to become bigger and stronger once this heppan you gonna see not a SKY rocket jump like Bitcoin did but you gona see one really STABLE crypto that is Valued and Respect among many others and will grown and keep its value STABLE since now there on the market we don`t have Any Stable Crypto and if you watch back in the Past 2-3-4 years you gonna see all the time the cryptos Jump and Low like a crazy from speculations from attacks from the Media and so on.

Ardor is the best Platform up to date and i think right now is UNDER VALUED in performance and what this platform is capable to do cost much more than Bitcoin !

Thats enought i have one question i need to find a ARDOR forging calculator to calculate estimate how much i can Forge if you have idea please let me know!

Thanks

My Advice for all of you is If you have chance BUY as much as you can and HOLDDDD.
ARDOR is serious token, its not just the new coin on the market! Its work of few years development and if you want call me crazy or whatever right now the ARDOR platform is one of the most up to date tech, and secured/stable.
« Last Edit: January 14, 2018, 05:53:32 pm by Singularity »

rubenaco

  • Hero Member
  • *****
  • Offline Offline
  • Posts: 1193
  • I'm here and you?
    • View Profile
  • Karma: +181/-3
Nxt News – January 2018 (III)
January 15, 2018, 01:11:05 pm

Nxt News – January 2018 (III): The Person Who Says It Cannot Be Done Should Not Interrupt The Person Who Is Doing It

Singularity

  • Newbie
  • *
  • Offline Offline
  • Posts: 4
  • BLOCKCHAIN is the FUTURE.
    • View Profile
  • Karma: +0/-0
Re: Price speculation
January 15, 2018, 08:07:53 pm

Im just waiting the AEUR to become avalible for trading!

this is the 1st step imagine what will heppand when we got a TOKEN AEUR that cost exactly 1 EURO all the time no speculations no anything, imagine that is under the ARDOR platform and if you have a simple idea Mister Tango how many transactions they do per day.

My Advice is we all have to be strong like i already say few times if you got chance BUY and HOLDDDDDDD we have to make the network even stronger ARDOR will be really valued but its need some time like everything real.

You have my word that in the Future Ardor will dominate, If someone think im joking we can make a bet!

kunibopl

  • Jr. Member
  • **
  • Offline Offline
  • Posts: 91
    • View Profile
  • Karma: +9/-5
Re: Price speculation
January 16, 2018, 01:16:04 pm

Although I expect the Ardor price to rise, once all exchanges adopt it, I have to sell some Ardor.
I would prefer escrow.
Anyone wants to buy and whom can you suggest for escrow?

neofelis

  • Hero Member
  • *****
  • Offline Offline
  • Posts: 556
    • View Profile
  • Karma: +73/-12
Re: Price speculation
January 17, 2018, 01:37:28 am

Start buying Ardor when it get's below $.90 and buy regularly.  Stop once it gets above $1.  That's my strategy.  Based on.....experience with crypto. 

Right.Here

  • Full Member
  • ***
  • Offline Offline
  • Posts: 171
    • View Profile
  • Karma: +12/-0
Re: Price speculation
January 17, 2018, 05:14:25 am

NXT listed in Yahoo finance thank's to CryptoCompare !!!
https://finance.yahoo.com/quote/NXT-EUR?p=NXT-EUR

 :D :D :D :D
NXT-LJV5-YSF4-MXXX-438D5

rubenaco

  • Hero Member
  • *****
  • Offline Offline
  • Posts: 1193
  • I'm here and you?
    • View Profile
  • Karma: +181/-3

Ardor Time Episode 4 - Stats From the Ardor Launch

kermitas

  • Full Member
  • ***
  • Offline Offline
  • Posts: 106
    • View Profile
  • Karma: +2/-6
Re: Price speculation
January 17, 2018, 12:26:00 pm

Looking today at https://coinmarketcap.com/currencies/ardor/#markets question comes to my mind: wasn't time before release good to work with all major exchanges to make it tradeable? (for example by using test net that was ready and working) 

rubenaco

  • Hero Member
  • *****
  • Offline Offline
  • Posts: 1193
  • I'm here and you?
    • View Profile
  • Karma: +181/-3
Re: Price speculation
January 18, 2018, 08:50:33 am

farl4bit

  • Global Moderator
  • Hero Member
  • *****
  • Offline Offline
  • Posts: 3455
    • View Profile
    • Blockchain Startpagina
  • Karma: +210/-45
Re: Price speculation
January 19, 2018, 12:35:02 pm

TRADING ARDOR/BTC AND IGNIS/BTC STARTED ON STOCKS.EXCHANGE  :)

https://stocks.exchange/trade/ARDR/BTC
https://stocks.exchange/trade/IGNIS/BTC

Pages: 1 ... 1447 1448 [1449] 1450 1451 ... 1453