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      "body": "Seeing amazing potential in Walton with the rollout of greater masternodes but not sure if there will significant fallback after those who've missed out sell what they've gathered",
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      "author": "ebonicraft05",
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      "body": "i have nxt in my wallet at hitbit, what to do? good post",
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      "body": "Great investments, I've also bought into the stox ico, just hoping that Floyd hype isnt precursor to it being a potential scamcoin",
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      "body": "![](https://steemitimages.com/DQmXiHoM1UfPj7gppsiKzY8cNr2kfB2qYsp1QzJWNpSzbkB/image.png) \n# *IMPORTANT\nEven experienced cryptocurrency traders should be wary of the IGNIS ICO and NXT investments. Lately there has been a massive mark-up in the price of both the NXT and Ardor chains but there is a disparity between this mark-up and the standard investors knowledge. Most see the designation of 0.5 Ignis/NXT after the snapshot as a potential to bring in some free cash like with the bitcoin and bitcoin cash fork but the release here is very different. The Ardor blockchain platform is essentially an upgrade of NXT whilst  IGNIS, Ardors first child chain, is then set have all of NXT's functionality to operate as gas on the parent chain. (Please note all screenclippings taken from the IGNIS Whitepaper)\n\n  ![](https://steemitimages.com/DQmXB3sxdqY1sBMKtbYQH6poPFDrVWEaEtFzetmGM8gjBh7/image.png)\n\nSo why should you be cautionary? Well the entire of the Jelurida team is going to be moving over to the new platform and they are going to be facilitating the movement of all projects on NXT over to the ARDR platform.  They are pledging to maintain the NXT platform for a year to three years depending on the capital raised within the IGNIS ICO but it is essentially going to lack any real purpose. The team and all of its platforms are migrating. \n\n![](https://steemitimages.com/DQmS1XiM8BbMZm6PrqtbmoC7E73jZWYvmhxs5nVH2rY69gc/image.png)\n\nAs an investor you will thus subsequently fall into one of two parties. You will be partaking in the ICO or you will be holding for release of 0.5IGNIS then (I hope) selling your NXT as quickly as goddamn possible.\n\n# First Party (Partaking in the ICO): \n![](https://steemitimages.com/DQmSauSDqujvfEqWKndhx5AssJ8izMDSpPwRYrseFi58knz/image.png)\nIf your tech inclined this is probably a very good move. To partake in the ICO you will have to move your coins into the NXT wallet and subsequently make bids in each subsequent round. Now the problem with this setup however is that whales are buying out the rounds within the first second, before your average computer has even noted that the sale has begun. The average guy has little to no chance of getting in on the very early rounds where IGNIS is being sold at a massively discounted price of 0.4NXT. Whether this will change in later rounds has yet to be determined. \n\n# Second Party (Holding onto NXT): \nYou will get 0.5IGNIS for every NXT you hold. Sounds okay, free money. Well probably only if you're lucky. The total supply of both IGNIS and NXT is 1 billion. Assuming IGNIS eventually reaches NXT's current market cap whilst the future value of NXT will be 0 (an outdated platform) your investment has halved.  Long term you might still win but short-term once the ICO and snapshot has finished it can be expected that there will be a massive selloff of all NXT held by those 'in the know'. Jelurida themselves will be selling almost all of the NXT they acquire in the sale. Assuming its fully sold out this will be just under 400 million NXT coins, over a third of the total NXT market cap. It could be reasonably predicted that NXT's value would subsequently more than half in the days if not hours or minutes after the snapshot for IGNIS release. Jelurida has promised to stagger their own sell-off, but nothing will stop everyone else. \n![](https://steemitimages.com/DQma6xaJyX3wPAAoRaotVs27pGpPbWC6iBZVhpQUdq6WWZn/image.png)\n\nI hope everyone can use this information to make a smarter investment with NXT for the IGNIS ICO is targeted to benefit those who've researched and dust off the rest. People aren't advertising these facts as they don’t want to increase demand in the IGNIS ICO and decrease chances of picking up cheap prices. I myself am still trying every twelve hours to changeover my coins. Please comment and upvote if you appreciate the content. Will answer any questions that people may have. \n\nIf you’re an Australian trader and want to hear more of my advice and news that will always be supplied free of charge, join the '[CryptoCurrency Brisbane](https://www.facebook.com/groups/cryptobrisbane/)' group on facebook. Just started up so only a low following but I'll be adding content every few days and working to expand the community.",
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      "body": "@@ -4039,15 +4039,16 @@\n he '\n+%5B\n Crypto\n-c\n+C\n urre\n@@ -4059,16 +4059,66 @@\n Brisbane\n+%5D(https://www.facebook.com/groups/cryptobrisbane/)\n ' group \n",
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      "body": "thank you very much so will i ^^",
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      "body": "Thanks @vlone99 , followed you back, I'll make sure I look at your future content",
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      "author": "skort",
      "body": "# *IMPORTANT\nEven experienced cryptocurrency traders should be wary of the IGNIS ICO and NXT investments. Lately there has been a massive mark-up in the price of both the NXT and Ardor chains but there is a disparity between this mark-up and the standard investors knowledge. Most see the designation of 0.5 Ignis/NXT after the snapshot as a potential to bring in some free cash like with the bitcoin and bitcoin cash fork but the release here is very different. The Ardor blockchain platform is essentially an upgrade of NXT whilst  IGNIS, Ardors first child chain, is then set have all of NXT's functionality to operate as gas on the parent chain. (Please note all screenclippings taken from the IGNIS Whitepaper)\n\n  ![](https://steemitimages.com/DQmXB3sxdqY1sBMKtbYQH6poPFDrVWEaEtFzetmGM8gjBh7/image.png)\n\nSo why should you be cautionary? Well the entire of the Jelurida team is going to be moving over to the new platform and they are going to be facilitating the movement of all projects on NXT over to the ARDR platform.  They are pledging to maintain the NXT platform for a year to three years depending on the capital raised within the IGNIS ICO but it is essentially going to lack any real purpose. The team and all of its platforms are migrating. \n\n![](https://steemitimages.com/DQmS1XiM8BbMZm6PrqtbmoC7E73jZWYvmhxs5nVH2rY69gc/image.png)\n\nAs an investor you will thus subsequently fall into one of two parties. You will be partaking in the ICO or you will be holding for release of 0.5IGNIS then (I hope) selling your NXT as quickly as goddamn possible.\n\n# First Party (Partaking in the ICO): \n![](https://steemitimages.com/DQmSauSDqujvfEqWKndhx5AssJ8izMDSpPwRYrseFi58knz/image.png)\nIf your tech inclined this is probably a very good move. To partake in the ICO you will have to move your coins into the NXT wallet and subsequently make bids in each subsequent round. Now the problem with this setup however is that whales are buying out the rounds within the first second, before your average computer has even noted that the sale has begun. The average guy has little to no chance of getting in on the very early rounds where IGNIS is being sold at a massively discounted price of 0.4NXT. Whether this will change in later rounds has yet to be determined. \n\n# Second Party (Holding onto NXT): \nYou will get 0.5IGNIS for every NXT you hold. Sounds okay, free money. Well probably only if you're lucky. The total supply of both IGNIS and NXT is 1 billion. Assuming IGNIS eventually reaches NXT's current market cap whilst the future value of NXT will be 0 (an outdated platform) your investment has halved.  Long term you might still win but short-term once the ICO and snapshot has finished it can be expected that there will be a massive selloff of all NXT held by those 'in the know'. Jelurida themselves will be selling almost all of the NXT they acquire in the sale. Assuming its fully sold out this will be just under 400 million NXT coins, over a third of the total NXT market cap. It could be reasonably predicted that NXT's value would subsequently more than half in the days if not hours or minutes after the snapshot for IGNIS release. Jelurida has promised to stagger their own sell-off, but nothing will stop everyone else. \n![](https://steemitimages.com/DQma6xaJyX3wPAAoRaotVs27pGpPbWC6iBZVhpQUdq6WWZn/image.png)\n\nI hope everyone can use this information to make a smarter investment with NXT for the IGNIS ICO is targeted to benefit those who've researched and dust off the rest. People aren't advertising these facts as they don’t want to increase demand in the IGNIS ICO and decrease chances of picking up cheap prices. I myself am still trying every twelve hours to changeover my coins. Please comment and upvote if you appreciate the content. Will answer any questions that people may have. \n\nIf you’re an Australian trader and want to hear more of my advice and news that will always be supplied free of charge, join the 'Cryptocurrency Brisbane' group on facebook. Just started up so only a low following but I'll be adding content every few days and working to expand the community.",
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