Post
Topic
Board Announcements (Altcoins)
Re: | ARDOR | Scalable Blockchain-as-a-Service Platform | Proof of Stake
by
d5000
on 05/08/2017, 09:43:25 UTC
so the owner of this address knew exactly when to hit the buy button. i should have sold all my nxt.

Do you know what a "bot" is?

Think again. Would Jelurida be that stupid to sell all coins at the first batch to themselves? They want to sell the NXT for a high price, but if everyone dumps because nobody sees a chance to buy in the ICO then they would only get a fraction.

They would make the most profit if they make the ICO participants happy, so they buy NXT to buy IGNIS (or participate in the snapshot). So I think they will try to find a solution to avoid too many big bot buys.

By the way, the bot whale has stated he wants to buy ~19 million Ignis: https://www.mynxt.info/transaction/17168252745990068558

@ekoja: NXT was pumped these days because of the ICO. In the next days, I expect Ardor to be higher again.