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High_Altitude_Investing
Jun 9, 2017 8:15 PM

NXT cup and handle + breakout  Long

Description

For some reason my last post was deleted XD oh well still long lol
Comments
seuncares
Please try to write some explanation to you charts, it looks pretty complex for us to understand and make a decision from it. Thanks!
So_Cratee
@seuncares, It's all in the title. You have a large Cup and Handle formation taking up the majority of the chart and then a green arrow pointing to the breakout after the handle.
Mandlebrat
Also..... one could take advantage of the Ignis launch and acquire NXT and hold on a client or web wallet... and you will receive 0.5 ignis per NXT held at snapshot. The NXT team are great, they deliver, and the NXT client is a DREAM to use ! with the built in shapeshift exchange and the assett exchange etc its just one of the best tried tested and trustred working usable platforms/clients out there IMO - super to work with. The Ardor (ARDR) snapshot has gone well, and that was on a 1-1 basis for NXT held over a three month window. The Ignis one is an instant snapshot whioch will be carried out against the NXT blockchain , at the same time the Ardor platform is launched (due Q3 this year - so anytime now)
Mandlebrat
@Mandlebrat, be wary though of speculators and the price after snapshot /IGNIS as there could be a temporary pullback imo
Companer
Mandlebrat
@luckyslo, as per the Ardor road map which you can view here = jelurida.com/ardor-roadmap

Q3 2017

Ardor mainnet launch
Migration of ARDR balances from the Nxt blockchain asset to the Ardor Genesis block
Spawn of the IGNIS child chain based on existing NXT balances, crowdfunding pre-sale, and development funds
Spawn of BTC, EUR, and USD pegged child chains backed by 3rd party business entities
Mandlebrat
@Mandlebrat, (i.e 3rd Quarter 2017- without wishing to tempt fate - the Devs involved are pretty solid at delivering on timelines)
Companer
so from july to september is q3 right? @Mandlebrat,
Mandlebrat
@luckyslo, correct - look out for chatter regarding Ardor mainnet launch - I believe the snapshop for Ignis will be taken from a snapshot of the NXT blockchain on the day of the launch Ardor mainnet- or the day afer approx - (I think- have a read on the Nxt forums) personally I am a long term supporter and follower of NXT and will remain so , so chart movements in short term do not bother me in the slighest for this pair. However I think some people will be buying in and out to secure more Ignis, which is tempting I must admit, however I personally will just sit it out and be happy with my lot based on current snapshot..... besides who knows whats the next pleasant surprise in the NXT, ARDR, IGNIS story ;)
bluswan555
u rock
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