Quote from: bebech on January 02, 2018, 04:22:04 PM

Quote from: kenzawak on January 02, 2018, 02:59:39 PM

Quote from: bgiles04 on January 02, 2018, 02:43:58 PM

Quote from: Patur1 on January 02, 2018, 02:37:32 PM

Ok, I am just curious what will happen with the price of Ignis after everybody got their coins! Huh

All of the staff of Bittrex will dump their coins that they bought because they will know the exact moment when it will be released...(Because Bittrex has not transparency about releasing coins) Then after the price crashes everyone else will get a chance to sell at a much lower price.

Probably yes.

True but there is a posibility that after the "crash" people does'nt want to sell their IGNIS at such a price and hold making the price going up again.
I think many people had lot of expectations about this airdrop and lost lot of money because of the NXT crash before the snapshot.

I think that the bigest rule at trading is: DO NOT USE MONEY THAT YOU MAY NEED !!

So if you respected this simple rule there is no worries to have, just relax and enjoy ^^

I agree. I don't think $5 is out of the question in the short term but I just doubt the market will support $14 Billion appearing overnight.
Once it hits the floor...my guess is $1.50-$2...it will go through the normal J-curve cycle over roughly 90 days to 6 months it should rebound strong. Especially if it really is NXT 2.0 as they claim with all of the benefits and the fact that a large institution like Janus will be implementing...But I'm just not confident in $15 right out of the gate. I will try to sell Fast on release if I can then buy @ the bottom and watch it climb back up