Quote from: Pajulapoiss on August 05, 2017, 03:38:46 AM

Quote from: barabbas on July 03, 2017, 07:16:50 PM

Quote from: CyborgCayouche on July 02, 2017, 07:10:37 AM

Hi, I am a new NXT holder. Couple of questions.

1: It has been said that Ardor is an evolution of the NXT software. Why would I keep holding NXT instead or ARDR? It seems counter intuitive to me that a fresh new and more prevalent platform can launch without eliminating its previous less advanced version. Won't the launch of ARDR dramatically devalue NXT? (like when a new version of the Iphone comes out)

2: What is IGNIS? I know it will be a childchain or Ardor. But why would I get 0.5 IGNIS per NXT that I hold? And will my NXT still be relevant?

3: Why would IGNIS be distributed to NXT holders rather than ARDR holders? since IGNIS is a child chain of Ardor and not NXT.

This all makes no sense to me. Will there be 3 different tokens all related to the same project? To me this is why NXT has such a hard time gaining value. This is all too confusing. Can't they just move all the NXT tokens to Ardor and just go with Ardor. Stick to one platform instead of 2 and a half.

1.- You are absolutely right. The main reason to keep NXT, and to award it 50% of IGNIS is for the amazingly greedy "team" -you know who they are, or you should- behind this project to award themselves millions of IGNIS on top of their already huge stake in ARDR (free of charge to them also). It is a scheme that they smartly invented about a year ago when they distributed 1x1 Ardor to NXT holders. They believe it worked in their favor, so why not do it again with IGNIS? Now, arguably, they -and NXT holders in general- would have profited much more if they would have just kept things the way they were, with a quick and timely transition to NXT 2.0, but they thought -and initially it worked that way- they would benefit much more this way, so there you are. Mind you, they have come up with yet another greedy scheme to try and get even more money, by having and ICO for the other 50% of IGNIS that also belong to "the team".

2.- The answer to that is very clear: They need you to keep the NXT network strong. And (practically) for free. Otherwise the whole enchilada comes down crashing like a house of cards. So they rather desperately need you to keep NXT until ARDR is fully implemented (and renders NXT obsolete). No, your NXT won't really be relevant at all -but they'll try to keep you tied to it while they themselves unload, which will be swift and quite brutal. Watch.

3.- Refer to #2.

If they would have been a bit honest and a bit less greedy, the NXT project, after the explosion of the last few months in alts, would have a valuation at least 10 times -and probably more- the current one of both NXT and ARDR put together. As it is, not only the valuation remains, by comparison, paltry, but probably going lower. With dozens of very promising projects, some of them realities already, available to investors, why would anyone bother with NXT defies any logic, really... except for the possible perception that it has not pumped yet, which would apply only to really, really dumb money. What a pity.

Yes, these same questions have been bugging my mind aswell. I only have 1k nxt, so not a big investment, but still. I wouldnt' like to just shove my money into a black hole.

I know one should figure out what to do with his money themselves, but, I will ask you barabbas, since you do this for living, what do you suggest?

GET ardor instead of my NXT? Dump NXT altogether for btc?

I was thinking of buying in on the first round of Ignis ICO, I'd get 2.5k ignis- considering that the price will increase every round, the price of IGNIS coins, once it reaches exchanges would have to be higher than in the first round anyhow. So there is some profit to be made, IMHO.

First, I don't "do this" for a living. Second, I can pinpoint -like I have done repeatedly- what many others don't want to see to make it unavoidable, but I never tell anyone what to do with their money. In my opinion, there's money to be made here... only speculating, buying on the huge dips and not being too greedy and cash in profits early on the equally big bull runs. At this point, and always from my standpoint, to invest in NXT could be throwing your money away... actually half of your money. I can't see any value at all in NXT after IGNIS. Now, the matter at hand is how much is IGNIS worth? The 5 million just bought have put a nice price on it but bear in mind that it comes more than probably from someone like Damelon or Jelurida, so they are "buying" with no real money whatsoever (they know NXT is going to be worthless and at least they'll secure a lot of iGNIS with the many, many, many millions of NXT they have), therefore it is all a fantasy. Again in my opinion, IGNIS is nothing but yet another copycat shitcoin with no value whatsoever in and of itself, but that's just me, the skeptic. They, the team, have proven quite smart at selling their schemes before and probably there will be a time, however very short, to make money on this but I am out and won't be in probably never. I mean, Goldman Sachs just anticipated an immediate reach to $3700 on BTC, which probably will be widely surpassed within weeks, with so, so much to come.

As for any other options, no one can deny the increasing valuation, usage and popularity of Ethereum.

I like a lot ANT, but I am very disappointed because, instead of working, its owners are happily spending a slice of the almost 30 million bucks they got in their IPO vacationing. I'm sure they'll get back to work some time in September and it will pick up, but who has time to waste of need to take unnecessary risks when the pastures are so green all over? By comparison, this entire project is a major disaster wanting to happen. You want proof? any other ICO, ANY AT ALL, is subscribed in the first phase by a single customer within second and it will make news across the boards and an avalanche of people wanting in. As it happens, both NXT and ARDR have halved since and no one, in crypto or outside, gives a fuck about the whole thing altogether. Draw your own conclusions.