1/4 of all ARDOR tokens have been distributed tonight.
Can still get in the action for the remainder 75% of tokens.
I've invested in Nxt. There has been a massive amount of Nxt bought and sold in the last week or so. Some of the whales will have been credited with large quantities of Ardor for holding for just a few days and then will have sold while Nxt is at a high point. Evidence of that happening now can be seen in the price stall and drop.
The rest of us won't get anywhere near the same amounts of Ardor as we hold it up to 12th October, assuming that there is any Ardor left. We could soon be playing with coins that have been credited with Ardor several times over and no longer function to create Ardor credits since only so many are available. From comments I've read on exchange chat boxes, by the 12th Oct there will have been a massive dump and the price of Nxt will be next to nothing as Ardor takes over.
I'll put it straight. I'm turned off by spin. I'm not interested in watching long videos telling me how Nxt works and how POS works. Knowing that it does work is good enough for me. I get suspicious when I hear that Damelon planned to throw the towel in after three years if things didn't prove profitable - it's three years now. I don't like to hear words like wait till 2017 and trust that things will be alright.
What I would like to hear is news of what is in place now like apps that businesses and others can use. If I hear the right things I might decide to hold a while. Otherwise I will dump well before the 12th October to avoid the stampede.
I don't understand what you're ranting about. The whales always do whale things. As long as we small holders hold our coins, we get Ardor tokens proportionately to our balances. The Nxt 1.0 is a working project, it has loads of functionality other alts could only dream of. The roadmap of Nxt 2.0 is clearcut, the goals are written and devs are working to implement them. What is your complaint exactly? Don't want to wait for a year or more when Nxt 2.0 is launched? You should sell as soon as you're not comfortable holding it. It's the best anyone can tell you. Nobody is going to push you to hold it if you're not convinced. Nobody knows what will happen to the price. I heard that Damelon recently resigned from his regular day job and went all in to work on Nxt, the rumor of him quitting Nxt is absolutely baseless.
TL;DR
You should dump as soon as you stop believing in this technology.
If you never believed in this technology in the first place, you shouldn't have bought.