Quote from: freshman777 on August 07, 2016, 02:01:18 PM

Quote from: Couldbe on August 07, 2016, 01:05:59 PM

Quote from: freshman777 on August 05, 2016, 07:48:14 PM

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.

Perhaps you don't understand written English. There was nothing in your posted reply that was of any real substance.

1) I am quite happy with my investment with Nxt for which I am receiving daily Ardor. I am not making a complaint. I don't have to believe in the technology to make a short term investment decision. My current strategy is to hold until an opportune time to dump. I will have a reasonable chunk of Ardor and will have hoped to have sold Nxt at a premium price. Surely you don't dispute that the price of Nxt will plummet as 12th Oct is reached?

2) You say that the "rumor" that Damelon could quit Nxt is "absolutely" baseless. What a cretinous statement to make. It wasn't a rumour. It came from Damelon's own mouth in the youTube video you can access here: https://www.youtube.com/watch?v=Dzt59pkBYnU&feature=youtu.be

The question I ask you is what happens if Nxt and Ardor flop? While Nxt has achieved a lot of things, it has been caught out with the rise of and stiff competition from Ethereum and LISK.

3) Unlike you it seems, I do my research. Nxt has caught my attention, but I'm not convinced in the long term. If you had the gumption to read between my lines it is quite possible to conclude that I might be trying to provoke someone to come forward to give me a reason to believe.

As it stands now, I certainly don't need a moron like you to tell me when to sell, thank you very much.