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Author Topic: Price speculation  (Read 3131963 times)

neofelis

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Re: Price speculation
« Reply #29060 on: May 09, 2018, 03:20:33 am »

I hope people will return to this forum.  I have never seen the advantage of Slack.   I never go there because I can't follow all the noise.
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SwissAlps

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Re: Price speculation
« Reply #29061 on: May 09, 2018, 07:17:28 am »

Quote
ARDOR rank 60
IGNIS rank 137
NXT rank 88

It is not very bright... >:(

Well, on the bright side... if you consider that it used to be one currency and now it's three - it's pretty good. The competition is tough - but other good projects are doing much worse.  A couple of good announcement (eg. new child chains, or the binance addition) could give a neat boost.

Hi,

If we look only at the price, of course it is a great success, especially for us that are here nearly since the beginning...

But if we see our rankings, it's another kind of story; NXT was once ranking nr 3 or 4  ;D ;D ;D can anyone today believe that ?

There is a saying in french : "Qui n'avance pas recule"  (something like : if you don't go forwards, you are actually going backwards).

Changing the NXT fees would be a very small step in the direction to revive this chain, in my very humble opinion.

We have fees because we want to avoid spammers...and it's working so well that we do not have transactions anymore on the chain.

Who wants to use the Asset Exchange if every time you have to pay 1 NXT (20 cents) per order ???

This fees problem has been regularly surging since the beginning, already discussed a lot. Here my proposal :
  • the last ten blocks were empty, no transaction at all, fees 0.001 NXT
  • the last ten blocks were filled less than 10%, fees 0.01 NXT
  • the last ten blocks were filled less than 50%, fees 0.05 NXT
  • the last ten blocks were filled less than 90%, fees 0.1 NXT
  • equal to 90% fees or more, fees stay like they are today, 1 NXT

Note that the miners do not loose anything, they win a lot more if the block is full  :)
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SwissAlps

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Re: Price speculation
« Reply #29062 on: May 09, 2018, 07:19:25 am »

Hi  :D

i've said it and repeated times, slack kills the flow of useful information and gives the image of a dead community because people come here to get quick info and measure the users satisfaction by reading what is happening in public spaces

personally i do not use it because i am here to share my knowledge, ideas and thoughts with the humanity and not only with a hidden minerity behind a wall

i do not use social networks either because i consider them as advertising spaces and not a place for serious sharing and coolaborative work...

so, please stop using this sh*t of slack for the good of the community and to improve the image and perception of local activity from outside the NXT sphere...

i do not think that these people in jelurida understand this fact, it is a blatant proof of the inactivity and the passivity of jelurida ... and you can't say the opposite because this supposed activity is hidden by a wall...

believe it or not, the majority of businesses that are interested in jelurida products will not use them because this visible inactivity makes them think that they will be in the same situation if they venture inside it.

I quite agree with that  :)
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farl4bit

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Re: Price speculation
« Reply #29063 on: May 10, 2018, 05:19:29 am »

We need a few more likes on this tweet so Ardor will get special attention on the Youtube channel of dobe4ever. The coin with the most likes gets a technical analysis!  8)
https://twitter.com/ardorguide/status/994263897615093761?s=21
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rubenbc

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fz

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Re: Price speculation
« Reply #29065 on: May 21, 2018, 01:11:37 pm »

Quote
ARDOR rank 60
IGNIS rank 137
NXT rank 88

It is not very bright... >:(

Well, on the bright side... if you consider that it used to be one currency and now it's three - it's pretty good. The competition is tough - but other good projects are doing much worse.  A couple of good announcement (eg. new child chains, or the binance addition) could give a neat boost.

Hi,

If we look only at the price, of course it is a great success, especially for us that are here nearly since the beginning...

But if we see our rankings, it's another kind of story; NXT was once ranking nr 3 or 4  ;D ;D ;D can anyone today believe that ?

There is a saying in french : "Qui n'avance pas recule"  (something like : if you don't go forwards, you are actually going backwards).

Changing the NXT fees would be a very small step in the direction to revive this chain, in my very humble opinion.

We have fees because we want to avoid spammers...and it's working so well that we do not have transactions anymore on the chain.

Who wants to use the Asset Exchange if every time you have to pay 1 NXT (20 cents) per order ???

This fees problem has been regularly surging since the beginning, already discussed a lot. Here my proposal :
  • the last ten blocks were empty, no transaction at all, fees 0.001 NXT
  • the last ten blocks were filled less than 10%, fees 0.01 NXT
  • the last ten blocks were filled less than 50%, fees 0.05 NXT
  • the last ten blocks were filled less than 90%, fees 0.1 NXT
  • equal to 90% fees or more, fees stay like they are today, 1 NXT

Note that the miners do not loose anything, they win a lot more if the block is full  :)
That's a good idea.
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neofelis

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Re: Price speculation
« Reply #29066 on: May 21, 2018, 09:38:28 pm »

I've often said that fees should be set by the forgers.  If a forger wants to set low fees, he is welcome to do so.  This could be easily implemented into the NRS.
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Right.Here

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Re: Price speculation
« Reply #29067 on: May 21, 2018, 10:10:50 pm »

Hi  :D

please can you continue this dicussion about the fees here... just to centralize the info and the opinions...
https://nxtforum.org/general-discussion/what-do-you-think-about-a-fees-adjustment-in-nxt/
Thank you  ;D
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rubenbc

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SwissAlps

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Re: Price speculation
« Reply #29069 on: May 24, 2018, 08:33:42 am »

Yesterday, nobody posted here  ???
And the day before yesterday, the same  ??? ??? ???

While testing my ArdorExchange, I found out that most NXT blocks are now empty, not a single transaction in them...

This is worrysome, in my humble opinion. I wonder if we could change the fees to reflect this state, it is not good for the NXT chain. Also it seems to fork very often (don't know if it is due to this lack of transactions  ???).

A nice way would be to make the fees directly proportional to the number of transactions of the last day blocks. We could make it
nearly free until the NXT chain quit this very slow walking pace....

I made a little display of ARDOR, IGNIS and NXT according to CoinMarketCap here...  https://www.nxttracker.com/ArdorCMCinfo.html

ARDOR rank 60
IGNIS rank 137
NXT rank 88

It is not very bright... >:(

Hi guys, in case you didn't try the link, here is a pic of what it shows  ;D

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SwissAlps

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Re: Price speculation
« Reply #29070 on: May 24, 2018, 08:37:42 am »

Things are always interresting in the crypto world  ;D ;D ;D ;D, what do you think about the recent 51% attack on Bitcoin Gold ?

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ron

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Re: Price speculation
« Reply #29071 on: May 27, 2018, 08:09:11 pm »

Recent Ardor price and volume movement = binance insider purchase?   ;D
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Right.Here

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Re: Price speculation
« Reply #29073 on: May 29, 2018, 02:13:07 pm »

Hi  :D
Recent Ardor price and volume movement = binance insider purchase?   ;D

this is the NXT forum not the ardor one... we need news about NXT to stimulate the NXT ecosystem... i don't care about ardor i don't like it...

at now there is NO ARDR , NO IGNIS AND NXT WAS DELISTED FROM BINANCE so ?!? what are you talking about ?

Thank you and good continuation  :D
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ThomasVeil

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Re: Price speculation
« Reply #29074 on: May 29, 2018, 03:59:56 pm »

Wrote a bit of a rundown on the features on Ardor's new roadmap.
https://www.reddit.com/r/CryptoCurrency/comments/8mzinw/ardor_just_got_a_new_technical_roadmap/

Our Reddit game is miserable ... the Nxter news should be on r/cryptocurrency each week.
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schoad

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Re: Price speculation
« Reply #29075 on: May 29, 2018, 06:08:48 pm »

I still run NXT fullnodes, but I'm a bit frustrated atm.
The lucky node lottery was discontinued last year.

Shortly after the lottery stopped, the Bootstrapper account (NXT-HH9F-JMRB-6HRD-HD5ZW) transfered roughly 3mio (2'876'226.74) NXT to a second account (NXT-59QF-CJCM-LXPW-8KYU2) and from there to bittrex (NXT-97H4-KRWL-A53G-7GVRG ) to dump on the market...
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ThomasVeil

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Re: Price speculation
« Reply #29076 on: May 30, 2018, 01:32:31 pm »

Interesting tidbit that the lottery account sold. Shame, that was a good effort.

Returns from forging themselves will never be profitable - crypto moves like 20% on any given day... so how would even 5% per year income even make a difference?
At the end forging is about protecting the network. If the network dies, you lose it all - if the network runs well, the price will rise. It's profitable because it helps the coin.

And I think it always was like this - and is like this for any other POS coin. Others might inflate to give higher forging rewards. But that just means the coins you hold lose value at the same rate. 
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neofelis

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Re: Price speculation
« Reply #29077 on: June 01, 2018, 10:04:31 pm »

Returns from forging won't make one a millionaire like in bitcoin (for now at least) but it could provide a tidy small income once the blockchain gets busy.
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schoad

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Re: Price speculation
« Reply #29078 on: June 02, 2018, 10:26:30 am »

The major problem is centralized distribution of NXT.
With a default PoS Algorithm, only the accounts with millions of NXT can profit.
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czhang

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Re: Price speculation
« Reply #29079 on: June 02, 2018, 11:43:23 am »

The major problem is centralized distribution of NXT.
With a default PoS Algorithm, only the accounts with millions of NXT can profit.
In five years, it has been scattered and no longer focused.
Now that many projects ICO are not centralized?
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