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/biz/ - Business & Finance


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File: 102 KB, 678x381, antshares.png [View same] [iqdb] [saucenao] [google]
7265684 No.7265684 [Reply] [Original]

>I'm getting Antshares vibes from this
>everything Bitcoin was supposed to be
>nodes are fixed
>scalable
>instant
>Binance

>> No.7265765

>>7265684
I'm sick of explaining people why RaiBlocks doesn't work at a large scale.
Buy it if you want to. I won't stop you.

>> No.7265768

>>7265684
lmao the delusion

>> No.7265803
File: 42 KB, 800x587, 1517300148356.jpg [View same] [iqdb] [saucenao] [google]
7265803

>>7265684
no.. no.no,nooo.

don't.
don't you fucking dare.
DON'T YOU FUCKING DARE !!

YOU SLUT! YOU FILTHY LYING SLUT !!

>> No.7265805

>>7265765
im sure youre smarter than colin but its okay one day you realize how retarded you sound

>> No.7265823

>>7265684
Fucking Antshares. I've heard this about 50 coins in the past few months.

>> No.7265841

Look take your plebbit coin back to plebbit. Zero transaction fees are merely a metaphor for its usefulness. Hint: fucking zero

>> No.7265866

All those salty NoNoNaNo's.

They thought after ethereum and neo they won't miss an other moon coin and just did.

This will be 500 EOY. It only needs normies using it, webshops accepting them and partnerships.

Look at the Reddit page how much hype there is. Engineers from PayPal working voluntary on this coin. Then you know its a winner

>> No.7265926

>>7265866
Nano will overtake NEO in 2018.
Screencap this.

>> No.7265943
File: 276 KB, 682x864, Bernie_Sanders.jpg [View same] [iqdb] [saucenao] [google]
7265943

>free transactions

>> No.7266000

>>7265866
Yeah, we'll be driving lambos in no time

>> No.7266063

I'm loving the nano threads, brainlet containment.

>> No.7266093

>>7265943
Explain to me how they aren't

Pro tip: withdrawing from a fucking exchange doesn't count, we are talking about shit like peer to peer transactions and remittances

Make a web wallet and post your address and I'll prove it to you

https://nanowallet.io/

>> No.7266147

>>7266093

xrb_3mj7eputfyiprainkydj9inakmdjr34kh9pscy46dxirackjbypoajhkpo5r

>> No.7266150

>>7266063
ya they're dumb as shit
>bitgrail scams
>panic rebrand
>binance list which always causes a boost in price before a crash immediately follows

this shit will be $1 by EOY. screencap this

>> No.7266168

OP everyone on biz fudding this right now is secretly accumulating for the rocket.

>> No.7266179

>>7265684
This is a big portion of my portfolio. Should I sell some for ICX and VEN or just keep XRB

>> No.7266184

Show the fucking github commit which fixes "the node sync" issue or STFU
How daft can you deluded faggot really be
Show the fucking bugfix

>> No.7266185
File: 16 KB, 431x352, 1517503956477.jpg [View same] [iqdb] [saucenao] [google]
7266185

>>7265841
I cant wait to fuck you in the ass, like the cuck you'll become when nano goes 30x again

>> No.7266191

>>7266168
That's what I'm doing :)

>> No.7266221

>>7265684

>Named Nano
>can't be stored on Nano S

What a fucking joke this coin is.

>> No.7266222

already pumped, will correct a lot when the bear maret hits because nobody is using it regardless of its theoretical improvements, its just too late

>> No.7266229

>>7266000
>>7265866
Back to your discord and telegram

>> No.7266238

>>7266168
Shhhh

>> No.7266325

>>7266238
looks like it's working too ;)

>> No.7266362
File: 34 KB, 600x600, jerryseinfeld.jpg [View same] [iqdb] [saucenao] [google]
7266362

>>7266147
>different ID

>> No.7266371

>>7266185
I dont give a shit if it goes x30 or x100
Any piece of shit coin can do that, even PonziCoin300, even BitConnect did

If I was interested in gambling for x30 Id go to bitmex and play that game

Im here for the long term 3-5 years technology.

>> No.7266445

>>7265765

please explain to me? I've never heard anyone FUD Raiblocks yet.

>> No.7266503

>>7266445
Please don't, he's just trying to sell you bazongas or whatever current ponzicoins are called

>> No.7266520
File: 362 KB, 1250x1204, Screen Shot 2018-02-03 at 5.11.45 PM.png [View same] [iqdb] [saucenao] [google]
7266520

>>7266362
Huh?

>> No.7266529

>>7266445
Nah, figure it out yourself. If you have a brain you'll see it after a few hours of research.

>> No.7266574

>>7266529
This guy is FUDing

RAiBlocks in concept does unlimited scale
the node sync is only a bug. A big bug.

>> No.7266593

>>7266520

I'm fucking retarded. Anyway, sent.

>> No.7266610

>>7266445
You're a moron
>>7266503
and you just got 5 lentils deposited to your lentil pot

>> No.7266651
File: 419 KB, 1125x2436, 3428A5E7-B482-42C2-BF6E-A59035998A62.png [View same] [iqdb] [saucenao] [google]
7266651

Bugs will be worked out, Devs will make this product work

>> No.7266683

>>7266651
$160k to find a major bug. Holy shit I got into the wrong profession.

>> No.7266697

>>7266651
>secure
>sustainable
>network
fuck you made milk come out my nose and I'm not even drinking milk

>> No.7266703

>scalable

Opening wallet doesnt even sync properly, exchanges have a billion issues when listing this coin, meanwhile there are coins like xlm who actually is battle tested, secure, fast and free AND does icos and smartcontracts. Keep on being deluded xrb cult.

>> No.7266730

>>7265684
>17 dollar 2.1b mktcap amtshares
dream on

>> No.7266763

>>7266703
>free

>> No.7266788

>>7265684
It's already one of the top market cap coins. Antshares was not.

>> No.7266799

>>7266703
>free

>> No.7266850

>>7266763
>>7266799
>muh free transactions
if you charged a $0.001 fee you're shitcoin might actually work, but as long as it's totally feeless it's about as valuable as receiving an email. You have no network security.

>> No.7266869
File: 42 KB, 541x498, caprice.jpg [View same] [iqdb] [saucenao] [google]
7266869

FAST TOKENS

>> No.7266879

>>7266703
Exchanges have issues because they only know how to use their shitty cookie cutter method of adding a coin thats replicated off the ancient Bitcoin tech. Not Nano's fault that it's so uniquely good, it's forcing all the bullshit centralized exchanges to adapt. It transfers value, even globally, better than any other currency on the market right now.

Hint: Crypto only exists because of the need for a non-inflationary global currency

>> No.7266883

When /biz/ is FUDing this hard it’s a guaranteed moon mission. Stinky linkies are pissed we have a dev team that actually communicates and gives interviews. Remember always do the opposite of what /biz/ says.

>> No.7266972
File: 4 KB, 191x250, thinking.jpg [View same] [iqdb] [saucenao] [google]
7266972

>>7266850
It has network security. You think you're the first genius to bring this up? Proof of work is required by the transactor for each transaction. Can you elaborate on how the network isn't secure? Maybe I can help you understand better since you're too lazy to read the white paper which touches on these issues and how it acts against them. Also if you are so sure the network isn't secure, maybe you should work on collecting that bounty they listed

Oh, you're just spouting baseless bullshit that you read on the internet without any understanding or research of your own? Ok then.

>> No.7266994

>>7266883
This. I was considering selling some and diversifying but I think I'll hold instead after seeing all of this /biz/ fud

>> No.7267042

>>7266972
>waht are nodes
girlslaughing.png

>> No.7267107

>>7267042
Elaborate on how you think nodes concerning Nano jeopardizes the network security instead of just posting memes. It's pretty clear you have no idea what you're talking about mate. Go back to your shitty bitcoin clones

>> No.7267145

>>7265684

Comparing NEO to NANO proves you're an idiot. One has unlimited uses and dApps, while the other is some only some pretend currency whose only strength is its speed.

>> No.7267187

>>7266168

Really? kek. It couldn't be because this shitcoin really is a shitcoin, and all the threads pumping said shitcoin were made by the development team?

>> No.7267229

>>7267107
I don't think you're so retarded that you aren't aware of the multiple issues this shitcoin has had with nodes. I agree with:
>>7265765
literally sick of it. read through the archive if you need to, i've already sperged out in about 100 threads but you people still can't figure it out. Or, google it. There's a novel idea. It's not like it's a fucking secret lmao

>> No.7267243
File: 41 KB, 645x773, 338B9A11-AC2C-4D1B-BAB3-B33C3A33539E.gif [View same] [iqdb] [saucenao] [google]
7267243

>>7267145
>the only strength of nano is that it is fast and feeless so it functions like a currency
I’m going to have so many screen caps to post after this hits 100.

>> No.7267283

>>7267145
When people say things like this it makes me realize how first world clueless they really are.

Yes, the multi-billion dollar remittance market totally doesn't have an issue currently with expensive fees and long transaction times. Have you ever tried doing an international wire transfer through western union? Mexican immigrants send billions every year back home to Mexico and pay exorbitant fees.

Just because you don't see how this isn't useful and something a large portion of the world will use, doesn't mean it's use-case doesn't exist.

>> No.7267305

>>7265684
Agreed. This is kind of insane when you realize the potential this has. It’s the whole reason why Bitcoin became popular in the first place.

>> No.7267330

>>7267229
The nodes are working fine. If you devoted any sort of effort into understanding, you would know it's an issue with the exchanges not knowing how to deal with the tech.

If nodes being idiots with their nodes is the biggest issue, then Nano is bullish as fuck. Because this has literally zero impact on the actual intended function of the currency which is peer to peer, wallet to wallet transfers. Seriously, make a wallet and I'll show you how fast and seamless it is when its serving its true purpose. I already sent some to another anon.

>> No.7267370

>>7267330
Just a note if you go to the nano discord people will happily tip you some to try it out. The community loves people trying it because the tech is 100% working.

>> No.7267381

>>7267330
I don't know if you're ignoring the incentive problem intentionally or whether you are actually retarded but the fact that you can type makes me think you're not that stupid and you're a deceitful shill.

>> No.7267415

>>7267381

Here's the devs daily update today. They readily admit where the problem lies, and aren't hiding anything. It's not the nodes. But they explain it much more eloquently than I could.

https://www.reddit.com/r/nanocurrency/comments/7uzrfh/developer_update_3rd_feb_2018/

>> No.7267501

>>7267381
The community is setting up full nodes on free AWS. Oh and exchanges are happily helping by creating representatives. Poor guy, he is never gonna make it. Can’t even spend 5 minutes doing research.

>> No.7267515

>>7267381

> Due to the sheer weight of deposits, they required optimization of their nodes as well as adding additional PoW servers to clear the backlog of work. The teams are now working together to make the management of 100k accounts more efficient and we will roll this into the node code to help future integration. Their plans are pretty exciting and when it works at full speed it will be quite impressive.

Again, this is purely an exchange issue. And they are already publicly acknowledging it and fixing it.

Consider that this has almost nothing to do with the original intention of why it was designed. People can already instantaneously send Nano to each other from any two points in the world for free. It's just these insanely high-volume centralized exchanges that shit themselves currently, but any sort of merchant adoption or peer to peer transaction can work fine, and already does.

>> No.7267595

>>7267501
Not to mention that if a merchant runs a node, they save money on any Nano transaction. 2-5% credit and debit card fees versus NO fees from Nano. Adds up quite a bit, and the amount of money saved grows the more it is used for transactions in place of debit/credit cards. It encourages adoption.

>> No.7267631

>>7267415
Okay, maybe you are just stupid. let me lay it out for you, please screenshot this and distribute it among future threads because I don't want to have to do this every fucking time.
>there are 0 transaction fees
>there are 0 rewards for running a node
>that means there is very little competition for nodes
>Nano passed 1k nodes a little while ago, they were very happy
>Dogecoin went below 1k nodes, panicked because 1k nodes is literally nothing
>as network value grows incentive to hijack network increases
>eventually, the people running nodes out of the goodness of their own heart will not be able to protect against the growing number of malicious actors/nodes
>51% attack
>nano gets buttfucked
>multibillion dollar network compromised because they wouldn't pay 1/10th of one cent for a transaction

>> No.7267718

>>7266445
The Nano team is literally paying people to find bugs or security issues:
https://medium.com/@nanocurrency/nano-bug-bounty-program-e45acd888eb3
No one has step forward with these so called security flaws everyone talks about.
>Inb4 well well it isn't security flaws, it's that the network is just going to be slow if someone attacks it and that is just it's design
Right, then clog the network. Ruin it. Prove it.

Everyone here just acts like they know what they are talking about back NO one can back it up worth shit. All of the top Nano wallets have their addresses available to the public, if there was a way to clog up the network you wouldn't be seeing them performing any transactions.

>>7265765
But yeah, listen to the guy who says "uh it won't work, not gonna explain it, not gonna prove, don't gotta!"

Never change /biz/

>> No.7267753

>>7267631
What's the incentive to run a node then?

>> No.7267796

>>7267753
Merchants have an incentive because it helps them run their transactions faster than if they don't and it costs practically nothing.
http://xrb.network/
Also leaving your desktop wallet open acts as a node.

>> No.7267850

>>7267631
>>there are 0 rewards for running a node

No fees? Merchants save money by running a node and having people pay in Nano. Running the node is cheap as fuck too. So more incentive than the current method where merchants have to pay fees to accept debit/credit cards, and they already are willing to do that. Adoption is the biggest roadblock to its success.
>>Nano passed 1k nodes a little while ago, they were very happy
Dogecoin went below 1k nodes, panicked because 1k nodes is literally nothing

Imagine that, a flourishing project that just blew up a month ago vs a 4 year old dying meme coin worrying about its shitting bitcoin-cloned proof of work system. This argument is invalid.

>>eventually, the people running nodes out of the goodness of their own heart will not be able to protect against the growing number of malicious actors/nodes

Many people such as merchants will run it because it saves them money, not because of the goodness of their heart.

>51% attack

Here's MY copy past answer since I see this brought up so frequently:

when a minimum of 51% of voting is required for a txn, a mitm attacker cannot control 51% of the representatives. a receiver will wait for confirmation from the majority of the representatives before they add the block to their history. representative nodes will sign blocks as they propagate through the network and a nodes will refrain from committing the block into their local database unless a high threshold of representatives have signed off on the block.

this can be solved at a wallet level, and protocol level implementation is also possible. i agree that bitcoin offers protocol level solution for this, but at the cost of centralisation by miners, lack of scalability and transaction fees. xrb offers no fees so a trade off must be made and this form of attack can be solved by the paranoid mode protocol

https://github.com/clemahieu/raiblocks/pull/362

>> No.7268145

>>7267753
there is none. the nano team predicts it's going to be a combination of 3 things
>people that want to help the network out of the kindness of their heart (most nano nodes now are community based)
>businesses that want to save money on transaction fees (you wouldn't actually need to run a node, but these saving will incentivize businesses to run their own, at least according to the team)
>businesses will see it as a way to advertise or as a sign of prestige (whatever the fuck that means)
So basically the plan is to hope to get mainstream before they get dicked in hopes stores will run them to look cool. It's all hinged on mainstream adoption, which will never happen with this type of security. And there we go, another hour of my life wasted on deluded raibabies. I like the idea, I would buy back in if they fixed this shit, but I'll take my profits and run thank you

>> No.7268256

>>7266221
It is literally almost dumb you dumb pajeet.

>> No.7268282

>>7268145
I already told you why your security concern is bullshit. See >>7267850
Care to explain why you're ignoring that, or how its wrong?

>> No.7268351

>>7267850
>1000 nodes on a new project is more secure than 1000 nodes on an old one
You know nano has a larger MC now, right? By quite a bit.
>merchants will run it because it saves them money
you're already assuming it's widespread acceptance, which is cute because why would you ever get there with shit like this hanging over you?
>copy pasta that admits it's a problem that needs to be solved
At least you got that far

>> No.7268375

>>7268282
I can't reply to you all at once, be patient. You're taking up enough of my time already.

>> No.7268395

>>7265684
Your not getting shit for vibes, your fucking shilling so anons can hold your bags

>> No.7268436
File: 27 KB, 500x478, 1466883466723.jpg [View same] [iqdb] [saucenao] [google]
7268436

>people are having legitimate arguments and discussion over this coin compared to all the other coins
Thanks for reassuring me this is a good coin.

>> No.7268437

>>7265866
Pajeet excellent shill, please see me in the head shitter for your .007 XRP reward

>> No.7268514

>>7268351
If it's a problem, then why hasn't the network been attacked yet?

>> No.7268649

>>7268514
>if bitconnect is a scam, how come they haven't exit scammed yet?
>t. bcc user, one month ago
I'd rather not wait and see what happens, that sounds like an awfully risky investment strategy.

>> No.7268754

>>7268514
Because 4chan is filled with people who love to act smart but don't actually know what they are talking about. The reasons are probably as followed:
>I don't want to
>Well, I PERSONALLY can't, but I KNOW others can
>I don't have the resources
I'm not saying that Nano isn't going to run into any issues, but this thread is just filled with wanna be intellectuals who can't actually back anything they say up in reality.

>>7268649
That is about the worse comparison and argument I've heard so far as to why Nano is a bad investment lmao. If that logic was even sound, it would apply to all coins, not just Nano.

>> No.7268995

Thx for this thread, bought 100k

>> No.7269027

>>7265684
lol next neo maybe next litecoin

>> No.7269035

>>7268754
>it would apply to all coins
no, most coins are forks of well tested networks. not all coins have the sword of damocles hanging over them, and if you think they do you don't understand the tech

>> No.7269198

>>7269035
>Bitcoin was untested
>Ethereum was untested
All new technology starts out this way. Like I said in an earlier post, there's a chance we will run into issues. But,
>this thread is just filled with wanna be intellectuals who can't actually back anything they say up in reality.
No one here actually knows what they are talking about. If they knew their shit, then they'd actually back it up in reality.

Being untested has nothing to do with Bitconnect being a ponzi scheme anyway

>> No.7269201

>>7268145
the cost of running a node.... is $5 a month. I don't know how many GB a "current" node requires, but it's not that much. And it deletes old history so storage is not an issue.
if the network started having trouble I'd run one myself to protect my investment.
i swear people have no sense of perspective

>> No.7269291

ARK > XRB

>> No.7269314

>>7269201
The big reveal will be once the team figured out how to run nodes reliably and effectively on smart phones with their IOS and Android wallet. If it’s not possible on this current generation of phones, just wait for the next ones.

Shameless screencap shill

>> No.7269319

>>7269035
>>7268649
I just have to mention this again, the fact that you compared
>Bitconnect, a ponzi scheme taking people's Bitcoin and giving them shitcoins for it
and
>Nano, a new type of technology trying to bring a new value proposition to the cryptocurrency market
shows me that you are just here to spread FUD.

Every new project like this has to be untested by the masses at first, that's just how this shit goes. How long are you going to wait until it's secure enough for you? When it is at Litecoin levels? Ethereum? Bitcoin? If you wait until it's /comfy/ enough for you, you're not going to make any fucking money lmao, it'll be too late.

Not telling you to invest, but seriously comparing Nano to BCC made me lose any face you had in this conversation. Surely you see how ridiculous that made you look.

>> No.7269419

>>7265684
NANO IS LIFE

>> No.7269448

>lightning network comes out
>this coin has no purpose

shit

>> No.7269479

>>7269448
Have you heard the story about my good friend Chad and our trip to the coffee shop?

>> No.7269557

>>7269448
I don't see how anyone with a working knowledge of Lightning could prefer it to Raiblocks...
Even assuming lightning works perfectly (it's arguably even more nascent and untested than nano), you're stuck with using on chain transactions, and storing a bloated blockchain with no pruning.

Open a channel, close a channel, on chain tx.
Every time you refund channels, on channel tx. This will be the case for the considerable future (1-2 years).

then you're stuck with liquidity issues, and your ability to receive money is limited to how much money you have spent in your channels, or what someone is willing to invest in your channel.

math guys estimate you'll only be able to spend 1/15th of the money staked in your channels.

Why put yourself in a risky system like LND where you're forced to run a node (and monitor it or else your money could get stolen)..... when there are better options like nano?

>> No.7269607
File: 41 KB, 474x315, DBBCDCED-468D-448B-B18F-FDD215C24AA0.jpg [View same] [iqdb] [saucenao] [google]
7269607

>>7265943
Don’t forget to prep the bull

>> No.7269677

>>7269448

>Year 2025
>Walk into coffee shop with my good friend, Chad
>Wagecuck cashier: "Okay sir that'll be $2.87 each!"
>Looks at my phone, see that I have option to pay with either BTC or Nano
>BTC total: $189.64 after fee
>Nano total: $2.87 no fee
>...
>Choose to pay with BTC
>Chad: "Why'd you choose to pay with Bitcoin instead of Nano?"
>Me: "Check this out man. I chose Bitcoin because it has the lightning network now and all I have to do is set up a channel between the coffee shop and myself with this really cool technology so really I own have to pay the fee for the netw-"
>Chad: "Ouch! Okay buddy, shut the fuck up. That is too complicated for me to care."
>Chad pays $2.87 for his coffee, no fees

>> No.7269707

>>7266179
ICX is dead but VEN will be top 3 eoy. Either one is better than XRB tho

>> No.7269741
File: 44 KB, 527x659, nano.png [View same] [iqdb] [saucenao] [google]
7269741

>>7265684

>> No.7269762

>>7266703
Every time. I see the word ma battle tested and I know it's my favorite XLM shill. Hey pal, don't worry, keep it up and I'm sure you'll get a couple anons to dump their 3 NANO to buy your shitcoin

>> No.7269770

>>7265765
talk is cheap bitch

>> No.7269774

>>7269677
>set up a channel between the coffee shop and myself
>has no clue how lightning works

>> No.7269857

>>7269774
>lnd shills always ignore legitimate criticism and go for easy bait
>>7269557

>> No.7269860

.... do u know why all these cash coins are lightening fast and scalable? Because They have minuscule adoption and ledger size.... and proof of work is not proven to be safe yet.

Also... lightening network will win. It models how money works in real life.

Make money and then GTFO

>> No.7269862

>>7269677
>what is lightning network

literal brainletS FUCK

>> No.7269870

Nano is solid but the timing just isnt right. If Nano was ever going to pump it wouldve happened on OKex and Binance......

>> No.7269889

>>7269557
you just need one channel, connected to the network. everything will be connected. you dont need to close channels.

>> No.7269894

>>7269774
>>7269862
See? I don't even know how the lightning network works. My point stands. Too complicated

>> No.7269913
File: 313 KB, 635x585, 1516580058050.png [View same] [iqdb] [saucenao] [google]
7269913

Nobody will talk about this on /biz/ but Nano is actually not working right now. I have been waiting hours for my nano to transfer to Binance so that I can dump it. The coin is bugged. Look at all of the new posts on the nanocurrency subreddit, they are all about how binance deposits won't work. If you own any, send it to Kucoin and sell now.

I can't believe I fell for another pajeet scam

>> No.7269918

Its actually kinda funny how little the nano supporters know about the technology of the coin.
guys do you get your information from reddit?
There is no future in this and this will never be able to reach NEO or anything solid
you can buy it and maybe it will reach 50$ but dont expect it to go far, there are already far better coins around
and since you can have any dapps on it, I just cant see how it will be THE ONE if other are better

>> No.7269960

>>7269889
you don't need just 1 channel...
you need a complete path of liquidity.
A - B - C - D
If you're A, and paying to D $10, you require a minimum of:
A having $10 in B's account.
B having $10 in C's account.
C having $10 in D's account.

Since everyone is going to have varying amounts in their accounts, you're limited to the lowest common denominator.

>> No.7269978

>>7269894
>too complicated for brainlet on 4chan to understand
>lets not use it

>>7269857
fair, maybe nano will win for payments, still going to call out the nonsense people are constantly regurgitating though

>> No.7269982

>>7269960
>Chad: "Ouch! Okay buddy, shut the fuck up. That is too complicated for me to care."

>> No.7269986
File: 742 KB, 1055x808, 1511736362072.png [View same] [iqdb] [saucenao] [google]
7269986

>>7269913
Nice FUD, thanks for making my day

>> No.7270007

>>7269960
the nodes will have more than your fucking allowance you god damn retarded brainlet neet

>> No.7270009

>>7267283
there are already shit loads of blockchain projects that can do this plus a lot more and already have adoption. nobody is going to switch over to this pajeet meme coin you're deluded

>> No.7270031

>>7269978
>Thinks that if it is not simple enough for a brainlet to use it'll gain mass adoption

>> No.7270103
File: 155 KB, 1391x782, nanobinance.png [View same] [iqdb] [saucenao] [google]
7270103

>>7269986
You're welcome anon!

>> No.7270110

It just dawned on me how greedy bizraelis are
because we have little money and cant see how else to get some when someone Says the coin is prob gonna fail for tech reasons
Its FUD FUD FUD

>> No.7270160

>>7270007
Why though? In order to have a well connected graph, you need to split up your funds into 6 different channels with random people.
Only one or few of those paths will have a full connection to the other end.

So you're limited to the funds in the paths, or 1/N where N is the number of paths required for sufficient connectivity.

So what will happen is you will frequently run into channel re-balancing issues. Where you have enough money in one channel, but that's not the one that connects to the person you want to pay

>> No.7270230

>>7270160
NODES WILL HAVE MORE MONEY THAN YOUR FUCKING ALLOWANCE, YOU GOD DAMN RETARDED BRAINLET NEET

THEY ARENT BEING RUN BY POOR FUCKING BRAINLETS

JESUS CHRIST

>> No.7270235

>>7267753
Same reason people seed torrents.
That and adoption, you'd want people to use the currency you're holding.

>> No.7270246

>>7269774
>>7269862
>>7269889
>>7269960
>>7269978
>>7270007
>>7270160

>Even then people who understand the lightning network don't understand the lightning network
>Expects grandma to be able to use it as opposed to a simple, free alternative

>> No.7270263

>>7270230
>Absolute state of lightning network supporters

>> No.7270281

>>7270103
Your counter argument is weak. We have committed developers who are doing everything they can to iron out all the bugs for XRB deposit/withdrawal. It was recently listed, dont expect it to work so smoothly.

XRB will eventually mature into a successful crypto, the way it was designed to. Feeless and instant.

>> No.7270280

>>7270246
you dont need to understand it to use it you FUCKING BRAINLET

explain to me how blockchain works in 10 seconds

oh you cant?

get the fuck off this board then, you cant use crypto

>> No.7270298

>>7270280
I absolutely adore how upset you are right now

>> No.7270315

>>7270103
Problem on Binance end.

>> No.7270339

>>7270298
post your blockfolio chart or kys poorfag

>> No.7270383

>>7268649
if it could happen it would have happened already

>> No.7270384

>>7270280
>Being emotionally attached to coins
>Fights for a complicated, duct taped system that isn't even released yet when there is a fast and fee-less option already functioning on the market
>Emotional

>> No.7270398

>>7270339
>Livid

>> No.7270409

>>7270230
what do you mean by "node"?
Are you talking about centralized spokes that provide connectivity?

ok so we have
A - B - C - D

now. B and C are big centralized hubs that have lots of liquidity.

B is Coinbase, C is Bittrex. B & C exchange funds often, so they have an incentive to hold large channels.

You have a channel with Coinbase, D has a channel with bittrex.
There's lots of liquidity.... but ohh you're paying them fees for liquidity by being on their platform.

>> No.7270411

>>7270384
gaiblocks wont get mass adoption before it and every other shit coin gets cucked by lightning network, regardless of how fast and free they are

>> No.7270424

Fucking normies gtfo. Nano is useless shitcoin

.

>> No.7270455

>>7270411

Having this level of emotional control:
>>7270230
>>7270280

>You'll all see when the lightning network comes out and then you won't be laughing at my emotions
>Lightning network comes out and still provides less functionality than ETH, XLM, XMR, and most importantly, NANO

>> No.7270461

>>7270411
Normies hate bitcoin, normies got fucked by bitcoin when it was 19k. Normies will never buy bitcoin again. Normies don’t give a shit about LN vapor ware.

Normies hate fees, normies are cheap. Normies will download the nano app on their iPhone and buy some as they see the price rising. Normies will use it to buy their coffee and laugh about how much money they made off it.

Gg cuck

>> No.7270501

>>7270461
>normies are going to buy a shitcoin on 2 chink exchanges to buy coffee with

ok buddy

>> No.7270532

>>7270501
>Still has the emotions of a 13 year old girl
>Thinks anyone will take him seriously at this point
>Thinks that Nano team isn't working on ease of use and adoption

>> No.7270560
File: 378 KB, 1125x2436, 9D3CD429-087A-4713-BF8A-00FA231390F1.png [View same] [iqdb] [saucenao] [google]
7270560

>>7270501

It’s going to be a mobile app that you can buy Nano from. Fee-less. It’ll also double as a wallet.

You are a dumb shit I’m sorry you will miss this train. I’m sorry you don’t realize BTC is having its dying breath.

Also zoom out on the 60 min graph on Binance and tell me if that’s not the most bullish formation you’ve seen.

>> No.7270577
File: 147 KB, 1440x2560, Screenshot_2018-02-04-02-12-00.png [View same] [iqdb] [saucenao] [google]
7270577

>>7270532
Kys, I'm done talking to deluded brainlets, enjoy your venezuelan bags

>> No.7270606

>>7270560

>But... but...
>>7270411
>>7270230
>>7269448
>... my emotions!!

>> No.7270685

you can transfer over 10k with XRP, and pay like 1cent.... don't see the point of NANO

>> No.7270687

>>7270577
>blockfolio
>didn't lose anything in january

>> No.7270708

>>7270687
maybe because i'm not a retarded fucking brainlet who bagholds SHITCOINS

>> No.7270746

>>7270708
you had DGD?
i think that's the only coin that wasn't falling.
at least show us your portfolio if you're going to larp

>> No.7270756

>>7270455
>He doesn't remember when the ETH network got attacked
>He doesn't remember the mining wars on BTC and a gorillion other shitcoins
>He didn't pay attention to NEM getting fucked

>He thinks XRB is safe having no payments when its a literal ticking timebomb where he will just straight up lose money for holding it.

>> No.7270797

>>7270708
>retarded
>fucking
>brainlet
>SHITCOINS
>I AM UPSET TO HEAR THAT YOU ARE ALL NOT GOING TO BAGHOLD BTC WITH ME SO I WILL LIE AND POST A FAKE BLOCKFOLIO TO TRY AND EARN SOME CREDIBILITY AND YOU BETTER BET YOUR ASS THERE ARE GOING TO BE LOTS OF CAPITAL LETTERS

>> No.7270802

>>7270103

> Node/Syncing issues on Bitgrail
> Node/Synciing issues on Kuccoin
> Node/Syncing issues on Binance
> Node/Syncing issues on [insertt anything really]

R-Really! Its not our fault, its the exchanges and their shitty programmers! kek. They've been promising a fix for months!

>> No.7270805

>>7265684
>he's still investing in currency coins in 2018
Yeah. Antshares. Sure thing, OP.

>> No.7270815

>>7270756
It’s crypto bro-lo

If NANO withstands attacks it’s going to the moon. Its resilience has not been tested yet, but take a leap of faith in the project and you could be rewarded tremendously. Else you Fomo in at $100

>> No.7270836

>>7266168
No it's because it's at a fucking 100x from where it was a couple months ago, and buying it now is retarded as fuck.

>> No.7270840
File: 372 KB, 1440x2560, Screenshot_2018-02-04-02-27-01.png [View same] [iqdb] [saucenao] [google]
7270840

>>7270746
I sold to usdt near the top

>> No.7270851

>>7270756
>He doesn't remember when the ETH network got attacked
>He doesn't remember the mining wars on BTC and a gorillion other shitcoins
>He didn't pay attention to NEM getting fucked
Just proof growing pains are to be expected. Did we all completely drop these projects when they ran into issues?
>He thinks XRB is safe having no payments when its a literal ticking timebomb where he will just straight up lose money for holding it.
Already acknowledged that we will probably run into issues with Nano too, but I definitely think this team will pull it off. Maybe they won't I already made a shit ton off XRB so I'm not exactly concerned

>> No.7270873

>>7270836
>Buying ETH at $100? Are you fucking retarded OP?
>>7270840
I totally believe you and all your emotions

>> No.7270887

Does it pay dividends or gas or any sort? That's what I love about Neo.

>> No.7270908

>>7270887
lmao

>> No.7270924
File: 13 KB, 1423x79, file.png [View same] [iqdb] [saucenao] [google]
7270924

>>7270873

>> No.7270931

bought in at $7
just dumped my bags
feels good to be free

>> No.7270942

>>7270924
ok but you said you weren't holding "shitcoins", my portfolio is similar to yours
you just cashed out at the right time, wasn't about your better picks.

>> No.7270955

>>7270924
>Stole a picture online from someone who made smart choices
I told you I believe you and ever single special emotion you have anon

>> No.7270982

>>7270955
*every
Whoops!

>> No.7271000

>>7270942
xrb has no function post lightning network. watch it dump immediately, along with ltc and others

i bought these shitcoins because they bottomed and then went up 20%

>>7270955
>meticulously kept larpfolio for a year to make fun of raitards
>photoshopped phone timestamp
>photoshopped binance orders
>photoshopped portfolio

ok

>> No.7271002

>>7270924
Can you give me one more angry rant about how XRB will end up in flames and BTC is the future? I got to go soon

>> No.7271043

>>7271000
Lightning is centralized. XRB is what btc originally wanted to be.
for any liquidity it will require giving up your private key.

once the growing pains of lightning become too big and btc holders get tired of waiting for it to work... it'll fade away.

>> No.7271047

>>7271000
>>meticulously kept larpfolio for a year to make fun of raitards
>>photoshopped phone timestamp
>>photoshopped binance orders
>>photoshopped portfolio
>Sounds exactly like what someone with your level of emotional control would do!

lmfao thanks for making me laugh buddy, thanks for being so miserable so that I can be happy. Peace!

>> No.7271073

>>7271002
Media shills BTC post LN, normies rush to buy it. BTC is hailed as a working currency then normies don’t care about better working alternatives.

There it is believe that narrative or:

BTC LN is vaporware, fees still existent and it’ll get delayed endlessly.

>> No.7271104

>>7271002
>>7271043
>and people are going to use FUCKING RAIBLOCK

HAHAHAHAHAHAHHA HOLY SHIT

you guys are ACTUAL RETARDS

literally buying the top of a 100x pump

or are you bag holding? either way you are a fucking brainlet

already nodes on main net. enjoy your fucking VENEZUELAN BAGS. you are literally supporting communism you FUCKING RETARDS JESUS CHRIST I CANT HANDLE THIS

>> No.7271176

>>7271104
Are you alright?

>> No.7271365

honest eoy predictions?

i think that 1.74 sounds right

>> No.7271431

>>7271176
he's a btc bagholder from 18k

his subconscious knows that it's over for btc, but his conscious wants to believe that it will be still number 1 in 6 months time.

>> No.7271505

>>7267283
>Mexican immigrants send billions every year back home to Mexico and pay exorbitant
Sorry but this is the exact market of ripple lol moneygram anyone ?

The only thing Nano has is fast and free
XRP is fast and very very close to free. The difference is XRP actually has a gigantic corporate team working behind it, butt loads of partnerships, and a huge time advantage. Nano is redundant.

Also there's diminishing returns with speed and usefulness. If I can send somebody currency in say 30 seconds that's great. But what do I and the receiver get out of it by reducing that to 20, 10, or 1 second. Nothing. Nobody cares about that.

>> No.7271528

>>7271365
1.74 BTC? Yeah, that should be about right.

>> No.7271576

>>7271505
> Chad goes up and buys a burger
> huh should I buy my burger with the currency that takes 30 seconds to send or the one that takes 1 second
> Chad uses the currency that takes 1 second, burger wagecuck Stacy says thank you Chad I’m so happy you used NANO instead of XRP.
>Chad fucks Stacy, he pays her 1 NANO for the Uber ride home

>> No.7271579

>>7265866

Exactly. You know its a winner when the development team says it's not ready yet, and big organizations are lining up behind closed doors to cut the bottom line.

>> No.7271672

This thread is fun.

If any of you actually read the whitepaper you would understand the issue. The strucutre and implementation of their blockchain is tricky to sync properly among their p2p network. BTC is a linked list, which is easy to copy, prune and distribute. XRB, uses a lattice linked list (ie 2D) which is faster to wrjte and read from, but difficult to copy, prune, and distribute. With more nodes, the network will grow ever more unstable and sync issues will prevail.

Which is why they have nodes running without tx fees. They want to limit the incentive to run nodes, because they know that is their bane. But this opens a huge can of worms with network attacks.

XRB was a cute experiment, but will ultimately fail. Hence the rebrand to keep this hype train running. You will never be able to buy a cup of coffee with it. It cant even handle a handful of exchanges.

>> No.7271800

>>7271672
Yep, you nailed it.
I don’t know which one is the most autistic between xrb and iota.

>> No.7271858

>>7271672
b-b-but it has fast transactions!
lol who gives a fuck everything is fast when nobody uses it this shit is retarded just buy eth and wait for plasma problem solved you silly xrb faggots

>> No.7271934

Set my node as your representative, decentralise the network
xrb_3qducx5q7bahfe7q6uixgtttthuy1znhjqjmsrmqzjarisex6m9kgdydokqx

>> No.7271960

>>7271672
So what are the arguments against nano 2/4/x months down the line when pruning is implemented?

>> No.7271963

>>7266850
> it's about as valuable as receiving an email.

You do realize that the "killer app" that came out of the internet boom was email, right?

>> No.7272186

>>7271960
Probably because normies and me will be lazy and just use the eth and neo we already use for dapps to also transfer making only privacy coins appealing.

You ever consider that in your normie adoption scenario you are daydreaming of for xrb in that normies are so lazy they will use eth/neo for everything

>> No.7272337

The fud against this coin is so bad and so obvious that it makes me want to double down on my investment. It's funny how many 900iq geniuses are passing up hundreds of thousands of dollars to expose these obvious protocol flaws that they refuse to explain and instead just insult people for asking for an explanation.

>> No.7272414

Guys, I'm an engineer at eBay. This shit is literally turning heads in the office. You don't realise how much big corps want 0 tx fees.

>> No.7272428

>>7272251

>> No.7272443

>>7272414
cringe KYS

>> No.7272489

Nano gonna die instantly when something just as fast and free comes along without the bugs. Tech is improving at an alarming rate and Nano is already stagnant on theirs.

>> No.7272507

>>7272337
Pretty sad indeed anon

Waiting to post my apologize thread

>> No.7272525

>>7272489
Just like bitco-

>> No.7272526

>>7272443
Why this make you cringe, sir?

>> No.7272546

>>7272526
>sir?
kek

>> No.7272610

>>7265765
Security right haha,

RADIX shall eat all the blockchain and DAG Q3 this year

>> No.7273736
File: 127 KB, 345x337, Neckbeard.png [View same] [iqdb] [saucenao] [google]
7273736

If only the mods on r/cryptocurrency would stop CENSORING all of the insightful IOTA threads from being made we would not be talking about coins like these!

>> No.7273820

>>7273736
Iota is broken and the devs are literal retard sjws

>> No.7273905

>>7272610
>eventual consistency for money
lol...
It's the noSQL meme for blockchain, what could go wrong?

>> No.7273948

>>7273820
The mods, though. REEEEEEEEEEEEEEEEEE

>> No.7274961
File: 94 KB, 960x1280, image-0-02-05-e308c1acc6238224b1d8efe0536c7610211cb619cc6cbb8faa7c46f82f205a71-V.jpg [View same] [iqdb] [saucenao] [google]
7274961

>>7265684
Just bought 100k... for real, 101k. Comfy as fuck desu

>> No.7275257

>>7265684
>already moon

>> No.7275269
File: 730 KB, 1024x575, 1517719539249.png [View same] [iqdb] [saucenao] [google]
7275269

>>7274870

>> No.7275293

>>7265823
Seriously. At least 50 coins.

Metaverse, ChildPornChain, Neo Gold (lel), Tron, Verge, etc.

All shitcoins.

RaiBlocks big rise was from thirty cents to thirty dollars in a blink of an eye, you faggots missed the boat

>> No.7275834
File: 93 KB, 960x1280, image-0-02-05-1ba44e252e7e14b95a4989579cdf729eccfb348010bdac559851a08be7eec974-V.jpg [View same] [iqdb] [saucenao] [google]
7275834

>> No.7275909

So why change the solid brand of RaidBlocks to something so common and pleb like NANO?

>> No.7276089

>>7271576
>1 nano for uber ride
>like 10 bucks
>nano 10 bucks confirmed

>> No.7277266

Anymore fud or are we done here