/biz/ - Business & Finance

>>10816882
No fees, instant transactions, unlimited tps

There are no counterarguments

>>10816895

why NANO now mooning, any reason for that?

Bitcoin inflation per day: $11,792,340
Nano inflation per day: $0

where can i short this?

$50 September, $80 October, $100 November, $150 EOY if all the news, listings, and partnerships go according to plan.

already almost 3x after buying hard into the capitulation wick last week.

3x in a stagnant market imagine when the retail FOMO comes back

i think its time.
we are back

>>10816895
No reason to spread lies, Nano is good for what it is already.


Unlimited TPS and no fees are actually a bad things, this meme need to stop.

I bought this last week just because I like the name lmao

>>10816882

this is how the bull run starts, just like it did last year with ETH; instead it will be Nano sounding the starting shots. Schools and colleges just started, boomers, zoomers and everything in between will be networking with their peers, introducing them to Crypto. Most will have heard about Bitcoin; but buy one? At 6500$+, nahh. ETH? XRP? XMR, ADA? Nahh...All old bullshit everyone knew about already. Now look at NANO, solving everything the above does not in an normies eyes. Fast, Free, Feeless and dirt cheap, all the way down from 30$, for a bargain at sub 3$..and no, it isn't a scam, just a project that got fucked. It might just go to 30$ and beyond. There are more people WILLING to invest in Nano now than when Bitgrail was around. There are also more options.

Been riding this train since 2013.
Eternal September is upon us

https://en.wikipedia.org/wiki/Eternal_September

Praise the NANO

>>10817196
I hold Nano but i would say that Zilliqa and ADA are far more ambitious projects, if they pull off, it'll be a very hard race for Nano. Good thing their claims are extremely hard to achive..

>>10817196
its gonna dump to 50 cents brainlet

>>10817184
>here we go again...

Should i buy more now?

>>10817424

no buy next week at $10

Everyone keeps mentioning how Nano is free ... ETH is free too. Why do we need another coin that does the same thing with a different name?

>>10817454
>ETH and NANO are the same
the most bloated memecoin with a 1.2TB chain that no one uses except for muh dapps and can only do 15 tps vs the most lightweight, fastest value transfer coin that works now at 300 tps with the capability to handle more than 7000 tps. wew, guy
additionally, NANO and ETH aren't free, nothing is. NANO is feeless. ETH isn't.

>>10817398

You wish. You will see how wrong you are within a month.

NANO is the future of crypto.

the bottom is priced in

>>10816895
>unlimited TPS
Uhh sweetie? That's now how DAG works. Now explain to me what Nano does that EOS and STEEM don't do? The only difference I can see is that 1: Nano is less scalable due to DAG inefficiencies and the lack of possible sidechains, and 2: It has a fixed total supply which makes it a deflationary currency. This is bad if you want people to actually use it, as no one will want to use an appreciating asset as currency (See: Bitcoin).

>>10816882
I'll FOMO in at $4+. By then I'll know it's real.

>>10816882
nano is a swingers coin. it had some weird whales cause of the way this coin was distributed, then the bitgrail scammy thing made thousands of bagholders. what you are seeing is excessive manipulation to dispose of their own bags. this coin will have the biggest pumps in the market and huge dumps, creating bagholders over and over. its great for swing if you know what you're doing, but its a terrible investment at short term.

>>10818089
>It has a fixed total supply which makes it a deflationary currency. This is bad
for bankers and middlemen, but for the people it's great. are you not a regular guy? do you like your value eroded by inflationary monetary policy?

>>10818211
>but its a terrible investment at short term.
wew guy

>>10818263
Currencies don't work well when no one wants to actually use them. How are you going to get mass adoption when everyone is just hodling their coins? A small amount of inflation is good, as it incentivises spending and investment. The problem with fiat inflation is that governments can very easily fuck things up with their printing presses. Crypto with fixed, predictable inflation is the way to go for a currency that people actually use.

>>10818301
name a deflationary currency other than certain cryptos.

>>10818316
They don't exist, and there's a reason for that.

>>10818294
you do understand what's a timeframe in investments right?

>>10818342

The reason they don't exist is it was never possible to create a resource with only a fixed supply. Until now. Read the Bitcoin Standard

>>10818371
Why is it impossible to stop printing presses?

>>10818371
POLACK BOYZ RUN THE E GAME

>>10818342
exactly, because deflationary currencies are good for regular people. why do you think currency coins like NANO and Bitcoin get FUDed so hard by bankers and middlemen?
>>10818343
yes, it's clear you do not

>>10816974
That's bad for a currency, doofus.

>>10816974
KEK

>>10816895
It's not even proven secure you dumb faggot. DAGS = DOGSHIT. Don't kys when there is a huge security vunerability. There will be one.

>mooning
Down 90% from ATH. You currency coin zoomers are hopeless.

>>10818574
>There will be one
Still Waiting

>>10818604
>he thinks everyone bought ATH
/biz/tard confirmed

>>10818694
Hahahahaha. Don't act like your up on NANO faggot. That's why this thread exists. To try to sucker in another fool to buy your bags. It's literally shitcoin tier worthless nothing. Hahahahaha.

>>10819292
the greater fool theory only applies to meme-tier platform shitcoins. currency coins actually store and transfer value. your shill attempts have no power here

HHAHAHAHA MADE SO MUCH MONEYYYY.

>>10819390
I'm sure you did anon, I'm sure you did.

>>10818301
Just buy what you spend.

>>10817085
I remember those Rai threads

>>10819452
Not him but I had a 5x in a few weeks with XRB in december to jan

I'm up .7btc ($4500) in 24 hours. Why haven't you anons got on the ride?

>>10819452
I bought at 0.80$ idiot.

>>10819390
>>10819665
And when you sold it all did everyone in your class clapped?

Pretty clear this is going to bounce heavy if Grandad boosts. Gotta grab a bag r-right?

>>10819691
>sold it all
>NANO
nice try, shill

>>10817196
best post i've read on /biz/ in a while

>>10819665
Suuuurreee you did. And even if that's true and you didn't sell it when it was over $20, you are actually retarded.

>>10819350
Platform shitcoins....you mean coins that actually have utility and do things? Hahahaha. The delusion.

>>10820414
please tell me what their utility is that cannot be done with traditional data structures and why a token is needed for that. currency coins actually store and transfer value. you got memed, guy.

>>10816882
we tanking

>>10820446
>15 min candles
zoom out brah

>>10820480
I'm no holder friend. Just making more ETH. Going to keep 100 to thank kek for the gains though

>>10820506
i gotcha, congrats on the gains anon.

>>10817529
what happens if I start spamming transactions at 8000tps?

>>10820756
Users would be thrilled as their worthless charity network finally has a use-case, being spammed.

the network is being spammed constantly and is becoming more reliable and secure with each update.

don't forget mr. spammer that there is some PoW involved with each transaction.

Transaction flooding - Moderate risk, high I/O
Description: Transaction flooding is simply sending as many valid transactions as possible in order to saturate the network. Usually an attacker will send transactions to other accounts they control so it can be continued indefinitely.
Defense: Each block has a small amount of work associated with it, around 5 seconds to generate and 1 microsecond to validate. This work difference causes an attacker to dedicate a large amount to sustain an attack while wasting a small amount of resources by everyone else. Nodes that are not full historical nodes are able to prune old transactions from their chain, this clamps the storage usage from this type of attack for almost all users.

source: https://github.com/nanocurrency/raiblocks/wiki/Attacks

>>10820756
hypotheticals are just mental masturbation. step up and do it

>>10820777
What does this mean? If it's truly feeless it should cost nothing to DDOS it to a standstill.

you have to understand that each account on Nano is its own blockchain. The protocol has pruning built in, which allows nodes that are "not full historical nodes [to] prune old transactions from their chain, this clamps the storage usage from this type of attack for almost all users."

source: https://github.com/nanocurrency/raiblocks/wiki/Attacks

ledger pruning was introduced with the universal blocks update earlier this year:

source: https://developers.nano.org/roadmap/ledger-pruning/

>>10820815
One upcoming feature is vote pinning , in tandum with vote by hash it acts like sharding and if a spammer is broadcasting blocks they can be contained to a section of the network.
They are also going to have a system to adjust the difficulty for heavy broadcasters , but are intentionally leaving it out until after they can do more benchmarks on the live network. (Essentially the devs still need to spam, and the difficulty hikes would make this very costly)

You have to be retarded to buy this now. It will dump back to 30k sats tomorrow

didnt this coin start off on a columbian click farm? wtf would anyone buy it?

>>10821004
what makes you so sure?

>>10816906
It retraced 97% from ATH. It's unironically still very undervalued compared to other alt's retracements

>>10816882
>goes up 10%
>next big thing
>$100 EYO
Don't buy yet, wait till it reaches the top. Don't forget, buy high, sell low.

>>10821162
BTC was premined and had a rollback
ETH was premined and had a rollback
Nano Pajeets did captchas and had a rollback

Fuck it

>>10821405
People in venezuela (some of the whales) had to sell to avoid starvation of their friends and families. Literal definition of a forced sell.
Why would you not take advantage?

>>10820401
I bought 10 days ago dipshit.

Still holding my 2k sat bags from over a year ago, praying for new ATH to finally dump

Salty as fuck that I wasn't able to sell in the last bullrun

Up 1btc in a day.

How about you anons?

>>10820799
>Nodes that are not full historical nodes are able to prune old transactions from their chain

Wouldn't that mean that to run a full historical node you'd need a total disk storage capacity approaching infinity? Just to keep up with the thousands upon thousands of transactions per second I mean.

>>10822396
that's only for ETH's bloated turd chain or BCH's gazillion MB blocksizes. NANO transactions are much smaller and thus - To date, the Nano network has processed over four million transactions with an unpruned ledger size of only 1.7GB
https://nano.org/en/faq