NXT, the 15th largest crypto-currency, just made a +11% increase in the past 24 hours. Now don't worry, you haven't missed anything yet. You still have time to check this one out until October 12th.
NXT has been on my radar for some time, I used to be an investor a while ago but then I've diversified my assets and went back mostly to bitcoin. Just recently I've started looking into altcoins again (that's why I'm here), and NXT had undergone some innovation lately, that made me interested.
They are launching the NXT 2.0 coin, with many new innovation and features, named Ardor, and it should get a huge price pump, as many investors are excited about it:
https://www.ardorplatform.org
It will have smart contracts, scalability, assets, child chains, you name it, and it will come out on October 12th. The point is, that it's exciting. And it's a potential investment opportunity that could generate nice amounts of money.
Firstly the Ardor will be a token on NXT, so everyone who will buy this, has to buy NXT first, therefore we will most likely see an NXT price increase until October 12th.
Then the Ardor blockchain will launch, potentially going up in price too, as it has every new innovation feature, and smart contract functionality, better built than ETH.
NXT has been a long time rival of ETH, and while it had many exciting features, it always lacked proper marketing, well now they have it, they are in the spotlight, and there can be a lot of money made here!
Image Credits: nxt.org & ardorplatform.org
Disclaimer: This is not an investment advice, it's just my opinion and analysis. I am not responsible if you lose money!
Sorry to contradict you but NXT already had a pump, the price went up to 5600.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes I know but that was around July 14 when the snapshot period began. But it lasts until October 12th, so more people will probably buy until that to get a hold of Ardor early.
They stock up for NXT, so that they can buy Ardor when the asset will become available as a token. You need to have NXT to get Ardor early, and they will get Ardor tokens as that will be the gateway to the Ardor blockchain.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Not likely...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Why not? It looks like it hit the bottom and it can go up anytime.
Only those get Ardor tokens that hold from July to October all the way their NXT, and don't move it. So there is no incentive to sell NXT now, it has decreased tradeable supply.
The demand for NXT is going up as new investors would want to buy Ardor, and they can only buy through NXT via internal market, as a token. Later it will become a standalone blockchain, but not yet
So all signs are bullish for NXT, I think we just need to wait, there is plently of time for October, it can be a medium term investment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
https://steemit.com/ico/@krytonika/nxt-ardor-are-having-a-child-names-ignis-ico-august-5th-2017
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Interesting post. I was about to post a similair post. You read this stories about people selling their cars to buy cryptos and I think to myself: Don't invest money you don't have. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). Besides coinmarketcap.com there is: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. For example: https://www.coincheckup.com/coins/Nxt#analysis For a complete Nxt Report
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good article. I was about to post a similair thread. Blockchain is here to stay, therefore we shouldn't look at what most people invest in but in the real quality projects, with great teams, management and a great product. Some people are still investing in "an idea". Is an Idea worth 100m+ USD to you? I found this amazing platform: https://www.coincheckup.com Amazing opportunities came to light when I started using this coins to analyze cryptos.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit