/biz/ - Business & Finance

Post your picks

https://www.reddit.com/r/Wallstreetbetsnew/comments/l79qg6/the_case_for_nano_a_crypto_yolo_continued_we/

> no fees
> nearly instant
> 'cheap' normiecoin
> It's on Binance

Seems likely to pump with all the recent activity. Should I go all in on this or am I retarded?

Get in.

>>24180235
lolololl here is CLEARLY ONE that missed NANO at the BOTTOM!! So jealous!!

STILL CHEAP!! Holding 133 nano now is like holding 1 BITCOIN IF YOU SEE SUPPLY!!! So you want 1000 Bitcoins but don't have enough money? EASY BUY CHEAPER NANO FOR SAME SUPPLY AS BITCOIN!!! DONT MISS THIS!!

>instant transactions
>feeless
>infinite scalability

How could Nano become irrelevant despite having such promising technology?
Did other coins made them obsolete?

sunk an embarrassing amount into this near the top

should i just sell now and take the $3000 write off every year for the rest of my life?

You have 2 days.

We haven't forgot about nano, have we? I'm still buying. It will make me money. What about you?

I haven't checked the price since it was above $1. I assume it is lower now. I really don't want to know how much I have lost

The firm used a severely low level spam attack to "confirm" that spam as an attack vector was secure, but admitting that in real life a much larger spam attack will occur [and most likely crash the network].

While 3rd party review is important, it is important to look at who is doing the review. Red4Sec (nor their founder) has no name recognition or clout in the security world. They sprung up very recently and all of the clients are cryptocurrencies, with varying degrees of legitimacy.

The report follows a basic pentest format, but has unprofessional elements scattered throughout, such as bold text, irrelevant sections (likely a template they use for literally everything), and references to sections that don't exist (Annex B). They don't show the actual results of the automated scan (thought this was the full report) and they find barely anything in the manual review (any project will have plenty of low/informational and usually some mediums). I would never give an assessment of this quality to a client

Looking at this critically, you could be very suspicious. You should be suspicious of most everything in crypto at this point. Pentests and code audits are important, but rare because they cost 6 or 7 figures for a legitimate one. Based on the circumstances and the quality of this report, it is my suspicion that Red4Sec is a shop that offers a rubber stamped code review for a huge discount. This report can then be marketed heavily (as nano did) and most people don't know any better. They've also marketed this in small chunks so they get more headlines out of it. They announce the plans to do the assessment, they announce it's complete, they announce no criticals, they announce the pentest was completed, now the VA report, within a week I'm sure we'll see the pentest report of similar low quality

The firm used a severely low level spam attack to "confirm" that spam as an attack vector was secure, but admitting that in real life a much larger spam attack will occur [and most likely crash the network].

While 3rd party review is important, it is important to look at who is doing the review. Red4Sec (nor their founder) has no name recognition or clout in the security world. They sprung up very recently and all of the clients are cryptocurrencies, with varying degrees of legitimacy.

The report follows a basic pentest format, but has unprofessional elements scattered throughout, such as bold text, irrelevant sections (likely a template they use for literally everything), and references to sections that don't exist (Annex B). They don't show the actual results of the automated scan (thought this was the full report) and they find barely anything in the manual review (any project will have plenty of low/informational and usually some mediums). I would never give an assessment of this quality to a client

Looking at this critically, you could be very suspicious. You should be suspicious of most everything in crypto at this point. Pentests and code audits are important, but rare because they cost 6 or 7 figures for a legitimate one. Based on the circumstances and the quality of this report, it is my suspicion that Red4Sec is a shop that offers a rubber stamped code review for a huge discount. This report can then be marketed heavily (as nano did) and most people don't know any better. They've also marketed this in small chunks so they get more headlines out of it. They announce the plans to do the assessment, they announce it's complete, they announce no criticals, they announce the pentest was completed, now the VA report, within a week I'm sure we'll see the pentest report of similar low quality

Also fuck jannies and fuck the mods

>>11728329
Praise Dawkins that we are not as stupid as biz!!

>>11667951
THIS is how you do it! No wonder you are thinking about selling Nano when you are THIS stupid!!

Coinbase rumors true?

How can we make sure no further FUD about Nano is reaching /biz/ ?

We need to prevent another repeat of this summer again. We clearly did the right thing by flagging the Nano FUDder as spam and getting him banned from commenting on 4chan bringing up Nano "problems".

When the Nano dev offered to debunk this FUDder, and his FUD, leading him to our thread, of course the dev left after a short time, when he realised it's meaningless to answer all that copypasta FUD anyway. Luckily the whole Nano community came together and mobilised, we flagged this Nano FUDder to death, got most of his comments removed AND got him banned from 4Chan.
>>11441862
>>11429046

How do we keep him away, and stop others from posting further FUD and "problems" with Nano?
To achieve victory, we must be removing ALL such threads whenever we see them, continue flagging any FUD comments with "problems" against Nano as spam and report the FUDders whenever we see this kind of pasta garbage.

If you see any of these then report them immediately, so we can permaban Nano FUDders;

Dangerous flaws and major problems with Nano
http://archive.is/diUnZ

Nano Heading for Disaster – Dirty Deals with BitGrail
http://archive.is/GGWIG

Nano and Bitgrail leaders scammed over $100 million from Bitgrail
http://archive.is/zAtyl

Reasons you should buy NANO:
Partnership with General Motors
Yamaha blockchain vendor
Grand Slam offifial MLB cryptocurrrncy
Only trusted currency for the Sony Microsoft nexus flip
Instant
Feeless
You're gonna like holding NANO, I guarantee it

Still king

Italian scammers bitconnect 2.0

When NANO is $1,000, you will remember this thread. You won't be able to face it. The more you think of it the more you try to suppress the memory deep into your subconscious, only for it to return even stronger. Every waking moment will be haunted by your memory of these words.
>why didn't I buy
>why didn't I buy
You will desperately attempt to escape your fate by distracting yourself with music, internet, maybe a fap, then as soon as you cum, in the aftermath that repressed voice will return
>why didn't I buy
>why didn't I buy
>why didn't I buy
At this point you're no longer able to contain the regret, all your hopes and dreams could have come true. You knew the facts, you saw it coming, you read this thread, and you still didn't buy. You turn to anything to escape the pain, drugs, self harm, furry porn. Years go by, you can't even recognize yourself. You are a hollow shamble of who you could have been
>why didn't I buy
You've tried to kill yourself 4 times, but something keeps you here. As if you deserve it
>why didn't I buy
One lonely day things were finally looking brighter, you'd panhandled enough to finally afford a haircut, you've been to broke to afford drugs so you're almost clean, and you even reconnected with some family who are considering letting you stay with them until you get back on your feet. You don't even notice the voice anymore
>why didn't I buy
Then while wandering, you see the headline: NANO $10,000
That was the last day of your life anon
Buy nano

Word around the blockchain says NANO is basically bitconnect 2.0

Theres not much time left. Apparently nano devs were colluding with bitgrail the whole time. Nano fanboys are quick to cover this up. Your wallets are not safe.

Nano is confirmed bitconnect 2.0