/biz/ - Business & Finance

[Anonymous No.25638366]

Is Nano a meme or could it actually be super huge one day? No Reddit bagholder answers please

[kek No.25638480]

well I can just tell by my experience using it, that it's incredible comfy to transfer with speed of light. Since there was no major hack? I guess the DAG technology is somehow secure enough? I just hold some Nanos I bought in 2017 and didn't buy back since...

[Anonymous No.25638596]

>>25638366
the tech is legit
i think it overshadows most projects right now; ease of use, feeless, fast. people say we dont need a pure currency, but we do, try taking money from one exchange to another. Nano? 1 minute btc? 5-30 mins and 25 dollar fee?

[Anonymous No.25638664]

>>25638366
absolute shitcoin

[Anonymous No.25638693]

>>25638664
good argument brainlet

[Anonymous No.25638717]

absolute superior tech, but that doesnt mean it will perform better money wise

[Anonymous No.25638781]

GTFO with your pump and dump shill group, you fucking pajeets. Absolute degenerate scum, the price manipulation is so fucking obvious Stevie Wonder could trade against it.

Although I think you are all trash, I did profit. Thanks for the money, bois!

[Anonymous No.25638830]

>>25638366
imagine that redditors buyed at $30

[Anonymous No.25638927]

>>25638596
>>25638717
Superior tech?

The rotary encoders on the nodes are fundamentally broken.
They cant achieve above 50% transposition of the hyper ledger even when boosted by the triple phase generator.
Double spending is easily achievable by transversing the shape envelope in small increments.
In simpler terms one of the worst erc20 tokens out there.

[Anonymous No.25639657]

Tech is simple and perfectly legit.
Some people unironically need it to be $10+ to buy it

[Anonymous No.25639694]

>>25638927
kek thanks for the input money skelly

[Anonymous No.25639711]

its shit it needs adoption and it has none. people will use stuff like CBDCs, tokens with actual backing like RSV or a visa USDC card on L2/alternate L1's like AVAX and FTM.

[Anonymous No.25639735]

> No fees
Can't work. The project is not bad, but this is a fatal flaw.

[Anonymous No.25639774]

>>25638927
this nigger redditor again. said the same shit in last threadh. please gtfo fucking beta

[Anonymous No.25639795]

>>25638927
> rotary encoders
> triple phase generator
What autist named these things?

[Anonymous No.25639855]

>>25638366
It’s actually incredibly useful... no fees to have to worry about when making transfers and confirmation times less than 10 seconds.

If this coin was on every exchange and more online retailers accepted it I would use it every time. Imagine being able to move a deflationary crypto between exchanges in 5 seconds without any fees and you can see why a lot of Bitcoin maxis and other altcoin holders FUD it. Because its full supply has been completely distributed for years it’s actually even more deflationary than Bitcoin.

[Anonymous No.25639889]

Get iota instead. Actually useful with data transfer but just as fast.

[Anonymous No.25639891]

please FUD more

[Anonymous No.25639897]

>>25638366
team of lying kikes, seems like a recipe for success

[Anonymous No.25639982]

>>25639735
just one of the many features that makes nano stand out. it has a 300 million marketcap. it is clealrly working fine.

[Anonymous No.25639986]

>>25639889
IOTA is even more of a piece of shit.

[Anonymous No.25640018]

>>25639889
>get a centralized piece of shit instead

[Anonymous No.25640066]

>>25639982
>It's working fine because the marketcap is high
Are you really this dense?

[Anonymous No.25640123]

>>25638366
>No Reddit bagholder answers please
kek because over half the answers you got in here were from plebbit bagholders. lets look at this shitcoins track record, shall we?
>founders pre-mined first batch
>fauceted the rest out to poor niggers in venezuela
>only listed on scammy italian exchange until the price went over 100x in the span of a month (obvious price manipulation)
>insisted 'they couldn't have possibly seen it coming' (bomber running off with every nigger's money)
>dumped most of their own stack at the top
>can't scale to save the life of a newborn child (anyone who actually tried sending nano when it listed on binance would know this)

There is literally NO og /biz/let who was smart and bought below $ and sold anywhere near the top that would tell you this is a good long term buy. They're all either paid shills or bagholders. Anyone who didn't buy this on bitgrail is a bagholding retard

>t. the one that shilled this shitcoin to Espen Engar which resulted in him losing money on shitgrail and starting a class action lawsuit against them

[Anonymous No.25640137]

>>25640066
feeless model obviously works, decentralization increasing while bitcoin mining pools are effectively centralizing it. look up emergent centralization

[Anonymous No.25640211]

>>25640137
BTC is also a shit project that will eventually crash and burn. Doesn't mean this one is good.

[Anonymous No.25640289]

>>25640123
they ran through most of their funds tho, they are almost broke now so all the hodlers are gucci

[Anonymous No.25640309]

[Anonymous No.25640359]

>>25640309

[Anonymous No.25640402]

>>25640359
based satoshi not spoonfeeding summerfags

[Anonymous No.25640404]

>>25638927
>0 tokens out there.
you idiot, it's not an ERC-20 Token,kek. Nano has it's own blockchain, lmaoooo

[Anonymous No.25640444]

>>25640309
>>25640359
>>25640402
ill just spoonfeed everyone that this is satoshi proposing nano's tech

[Anonymous No.25640616]

>>25640444
apart from nano, where did it actually go wrong? why is everyone still requiring six gorillion confirmations in current year?

[Anonymous No.25640720]

>>25640289
>they ran through most of their funds tho, they are almost broke now so all the hodlers are gucci
Oh yes, the devs for your shitcoin are almost broke now, that can only mean good things for the project. I didn't even know that but kek, do you hear what you're even saying?
>hodlers
you mean bagholders
>>25638596
>try taking money from one exchange to another.
again, you obviously weren't around when it first got listed to binance. shit was a literal disaster. some people had to wait 10 hours+ to get their funds. it can't scale for shit.

Anyways, I did my best to warn newfags, this is never going to reach ath - enjoy bagholding forever

[Anonymous No.25640836]

just skimmed through the subreddit the bagholders are already dumping lmao

[Anonymous No.25640872]

>>25638366
Buy a couple nano and send it from one address on node X to an address on node Y. See for yourself how fast it is as a p2p currency. Most transactions settle in 1-2 seconds, and feeless and all that shit. It's the perfect normie coin imo.

[Anonymous No.25640908]

Probably one of the most legitimate coins out of there. It only does one thing, but it does it well. It did a 100x back in 2017 because for a few months you could only buy it on a shitty illiquid exchange. The whole double spend issue on bitgrail combined with finally getting liquidity after being listed on Binance sent the price tumbling down. It's definitely worth more than the current price.

[Anonymous No.25640937]

>>25640616
Miners hold the majority of the power on most networks
>>25640836
Utter bullshit. Anyone that goes through those subs knows nano holder are like a cult and won't sell until $1000.

[Anonymous No.25641007]

>>25640720
bitcoin is also developed by people who just believe in the product and didnt receive anything for it except donations

[Anonymous No.25641059]

>>25640937
That's what I was assuming. Shit's prone to miner collusion.

on nano:
Tech seems to be somewhat legit. Obviously it's way to small and insecure to be worth anything right now. It could potentially prove itself over time and gain relevance however.
t. early raiblocks chad

[Anonymous No.25641064]

>>25640836
oh i see its only up 115% today

[Anonymous No.25641076]

>>25640836
Which subreddit? I don't know my way around that shitty website, but it is great to gauge the opinions of retards

[Anonymous No.25641087]

>>25641076
r/nanotrade
r/nanocurrency

[Anonymous No.25641124]

>>25641059

[Anonymous No.25641131]

>>25640720
>>they ran through most of their funds tho, they are almost broke now so all the hodlers are gucci
>Oh yes, the devs for your shitcoin are almost broke now, that can only mean good things for the project. I didn't even know that but kek, do you hear what you're even saying?
>>hodlers
>you mean bagholders
>>try taking money from one exchange to another.
>again, you obviously weren't around when it first got listed to binance. shit was a literal disaster. some people had to wait 10 hours+ to get their funds. it can't scale for shit.
>Anyways, I did my best to warn newfags, this is never going to reach ath - enjoy bagholding forever
I remember when the devs having a dev fund was fud because they were dumping on holders. Nano also deposits and withdrawals off of binance in ~30 seconds now faggot. It was new tech in the past, it takes time to implement new tech. It has since been refined and is now nearly instant. Stay mad, you'll just get left behind.

[Anonymous No.25641155]

kek this is a meme coin, why is it pumping

[Anonymous No.25641199]

>>25639986
>>25640018
Brain dead

[Anonymous No.25641221]

Never really been a fan of no fees. Sure it's nice for the user, but the network is basically running on charity work since miners aren't getting paid. It's difficult to say how long miners are willing to stay with the network due to this.

[Anonymous No.25641278]

>>25641221
exchanges, people who are very involved in the "cult" , and places which accept nano have an incentive to run nodes. btc's Lightning network is running on the same principles but its a hassle to get it running and you need to stake your coins.

[Anonymous No.25641306]

>>25641155
You've been lied to anon, it isn't a meme coin. Litecoin is a meme coin with a multi-billion dollar validation. Nano is a legit project that will replace most p2p cryptocurrency.

[Anonymous No.25641317]

>>25639735
It is working fine and has for years. When will it stop working? And why? Having fees incentives people to run nodes. But people already are running nodes and will continue running nodes.

[Anonymous No.25641330]

Feeless is the way to go... But why nano when iota actually us being used in real world?

[Anonymous No.25641431]

>>25641131
>and is now nearly instant
because nobody is using it kek

[Anonymous No.25641442]

>>25639889
IOTA and NANO cant really compare. While IOTA's vision is way broader than NANO's. NANO is a working project. IOTA is not, yet. It will probably take a few more years to become what it's meant to be. I have tired both IOTA and NANO, and NANO is way smoother, right now.

[Anonymous No.25641500]

If this tech is so revolutionary, why hasn't it killed coins like Bitcoin Cash who had marketed themselves as fast payments?

[Anonymous No.25641554]

>>25641500
time
they will be overtaken

[Anonymous No.25641653]

>>25641500
because they don't have mining cartels and btc-service based parasites pushing it to make a profit. they will do anything they can to prevent feeless cryptocurrency from destroying their cash cow

[Anonymous No.25642010]

>>25640720
Stop being so nice to help these gullible newfags and just let the pajeets scam them. They need to start paying their tuition fee.

t. Anon who have transferred Raiblocks from Binance late 2017

[Anonymous No.25642046]

nano is one of those things where I wish a based dev would just fork it and make it better

[Anonymous No.25642240]

>>25640066
I gave you the hint, you need to do the rest of thinking yourself, the incentive to run the nano network is there because it has a good marketcap. if you have 1 Million nano, you have all the incentive in the world to run a node for example. there doesn't need to be any fees for there to be incentives to run the network. one of the incentives is caused by it having a marketcap. as long as it has any market cap at all, there will be someone incentiviced to keep up the network to protect their value.

now, theres a LOT of incentive. 300 million dollars worth and increasing.

[Anonymous No.25642388]

> omg plebbit niggers are back shilling fucking nano
> THE BULLMARKET IS UPON US

[Anonymous No.25642416]

>>25639891
It's too late

[Anonymous No.25642466]

>>25641199
Iota is absolute trash. You need to cope

[Anonymous No.25642473]

>>25642046
you can't, it's fundamentally broken

[Anonymous No.25642495]

>>25642466
yes, iota is another failed 2017 shitcoin

[Anonymous No.25642683]

>>25642473
You can easily copy and paste the source code. What makes nano valuable is the network backing it. And it's fundamentally perfect. Name another crypto that is instant, free, and green. I'll wait faggot.

[Anonymous No.25642798]

>>25638366
BAHAHAHA 4 DOLLARS
CAN ANYONE SUGGEST ME A NICE WHISKEY TO BUY FOR THIS ABSOLUTE VICTORY WE ARE HEADING TOWARDS

[Anonymous No.25643317]

>>25638366
jesus, i remember back when this went to moon an anon posted his wallet, he had 31 million dollars.
fucking kek.

[Anonymous No.25643481]

I just went up 30 positions in the rich list, and I'm a big holder. The plebs have dumped, commence the pump.

[Anonymous No.25643780]

NANO has decent tech and there is a lot of potential but the dev team is pretty shit and the community is very cult-like. I expect this to pump to maybe at least $30 because redditors just see fast and feeless and don't consider anything more, so normies will probably FOMO into it afterwards.

I have more hope for ETH L2 solutions than NANO at this point desu, some of the technical decisions that were taken are questionable including their weird anti-spam PoW algorithm. I appreciate that you need to have some kind of PoW to avoid an adversary congesting the network and making it unusable, but the result is that this coin becomes even more centralised than what they claim because PoW will need to be centralised somewhere and fees will need to be charged somewhere down the line. I tried implementing their PoW algorithm to run on iPhone but it takes simply too long for it to be usable and that is just on the lowest difficulty and comparatively little load when put in context with BTC and ETH. There is no such thing as a free lunch so fees WILL be charged somewhere, if anything purely for the compute power required for PoW. Natrium has free transactions because the cult members are providing PoW free of charge through their DPoW system, but that won't last forever especially if this picks up.

>t. blockchain dev

[Anonymous No.25643818]

>>25643780
WIth that being said, I have a bag of 1,000 NANO bought at $3 that I'm planning on selling when it reaches maybe $100.

[Anonymous No.25643858]

>>25643780
PoW takes a matter of seconds to generate on a desktop CPU.

[Anonymous No.25643878]

>>25643780
>their weird anti-spam PoW algorithm
can you explain whats weird about it?

[Anonymous No.25643989]

>>25642683
you can wait forever, because nothing in this world is free, and if it is there has to be a catch.

it's all 2017 again. you fags still think you found the holy grail. the holy grail that is used by nobody, not even the team because they already fucking dumped on your fucking faces.

enjoy the ride, but get out before you have to baghold this shit forever.

> NOBODY IS USING THIS SHIT
> NOBODY CARES OTHER THAN YOU FUCKING BAGHOLDERS
> YOU'VE ACHIEVED NOTHING OTHER THAN FUCKING BAGHOLDING
> 2017 WON'T EVEN CALL TO ASK FOR YOUR SHITCOIN, BECAUSE NOT EVEN 2017 WANTS IT BACK

[Anonymous No.25644028]

>>25643858
Right, but try doing that with the new PoW algorithm that they are rolling out and with the raises in difficulty. Even if it takes 30 seconds to generate on a desktop CPU that is FAR too long for a mobile CPU/GPU and seeing as receipts need to be confirmed by issuing a receive transaction you can effectively disable a mobile wallet by spamming it with tons of transactions.

The only way around this is to outsource PoW generation to wait for it... a third-party with compute power. And that third party is not going to be renting powerful GPU instances from AWS for free.

Don't spread this shit around though because I want this to pump as much as you do.

[Anonymous No.25644061]

>>25643818
yeah with projects like xrp and litecoin in the top 5 im confident this will at least overtake those some day

[Anonymous No.25644109]

>>25638596
>pure currency

[Anonymous No.25644117]

>>25643878
Not sure, I guess it's weird in that no mining is involved. Nano has a DPoW system. Normally nodes produce X amount of work to confirm a transaction. If a spammer tries to spam the network, then the network will require nodes to produce X+1 amount of work to confirm a transaction, then it will kick back down to just X amount of work once the attack stops. People have tried to precompute spam attacks in the past, and nano has sorted through and cleared all of the transactions in a reasonable amount of time.

[Anonymous No.25644140]

>>25644061
yeah, as soon as xrp and litecoin leave the top 100

[Anonymous No.25644196]

>>25643989
I thought the dev fund was depleted faggot? You dipshit fudders need to hold another discord meeting to decide on which bullshit fud you're going with. Ever since nano broke $2 you fudders have gone full schizo.

[Anonymous No.25644220]

> BTC store of value
> STABLECOINS backed by BTC, medium of exchange

NO CURRENCY OTHER THAN BITCOIN MATTERS

BITCOIN + STABLECOINS IS THE FORMULA

YOU DON'T WANT TO LEAVE WORK WITH YOUR PAYCHECK, GET HOME AND IT'S VALUE HALVED

YOU NEED STABILITY = STABLECOIN
there you go

[Anonymous No.25644340]

>>25644028
im just thinking out loud with you about this so BURN me if im wrong, im assuming phones PoW can get too difficult to send a transaction,
but its not much of a problem to have your own desktop (remote) do the PoW of your phone, or pay third party PoW pay for your hot wallet (to buy beers) compare it to the traditional cash system, no one takes thousands of dollars cash with them on the streets anyway, since there is a small risk of losing it.

now the problem with a third party PoW is could those transactions reach high fees as well.
But at the same time with continuesly improving phone speeds (look at what type of games you can play nowadays) idk if this will be a problem

[Anonymous No.25644362]

fuck I'm about to short this is it time already?

[Anonymous No.25644389]

>>25643989
Who hurt you? Also,
>that is used by nobody,
Yeah I'm sure whatever shitcoin you're holding is actively being used. The fuck out of here.

[Anonymous No.25644453]

>>25644389
so what do you think i am holding? lol

it hurts to watch you guys fall into the same traps as people did in 2017.

you see the history of the coin, everything that happened and you still suck up to all the marketing buzzwords they used back then. it's just sad

[Anonymous No.25644474]

>>25644220
>>25644389
nothing is a stablecoin, what are you going to back it with? dollars? since youre in this thread i assume you back BTC so youre shorting the dollar. The only thing which creates stability is massive market caps.

[Anonymous No.25644880]

>>25642046
BANANO

Taraxa

Tangram

[Anonymous No.25644898]

>>25638927
stupid devs just need to refuckulate the rotary encoders and phase generators

[Anonymous No.25645173]

Imagine how fast this shit will take off when zoomers start buying pot from each others using their smart phones and sending around money like an instant message. Nano is the cashapp/paypal of the cryptocurrency world. If you cannot see the value in that, I dare say that you are disconnected from the modern world. Everything about Nano screams going viral. Don't be surprised if it becomes a household word within the next several years.

[Anonymous No.25645277]

>>25645173
yep.. i always believed in the tech and the unique market fundamentals of this coin. there aren't many assets in this market that have no inflation and are completely distributed. most assets have mining or staking ( which means sell presure) nano is unironically a better store of value than Bitcoin if you look purely at the technical fundamentals and how this asset is behaving in the market. I knew it would be hit or miss with nano, but it seems like its going to a $100 and more. I think I picked a winner here, it was risky buying during the dump 2 years ago, but I made it.

[Anonymous No.25645334]

>>25644880
Tangram gang. Potassium gang,

[Anonymous No.25645431]

>>25644898
Dunno,
even then the transgressual equilibrium wont be achieved lightly.
They would still be left with the problem of parabolic phase shift destinations.

[Anonymous No.25645566]

I put in 2,000 a week ago when it was sub 1$.

I've gained like 7k profit. What should I do?

[Anonymous No.25645651]

>>25645566
go long

[Anonymous No.25645653]

>>25645566
sell initial investment and ride the rest to the moon

[Anonymous No.25645859]

Duuude broooo it has 5000000 tps broooo

[Anonymous No.25645862]

>>25644453
You’ve been fudding nano since 2018. Who is paying you? Or are you just mentally unstable?

[Anonymous No.25646743]

>>25641221
a running wallet is a node though, so in theory, it could work just fine if it were used. Now of course it's not being used as a currency, except for in some places, but at least it could be used as a viable currency lol

[Anonymous No.25646779]

IT'S OVER NANO IS DUMPING

[Anonymous No.25646822]

Who else listens to these guys?

[Anonymous No.25646904]

>>25646779
IT DUMPED ALL THE WAY TO $4.30

OH NOOOOOOOOOO

[Anonymous No.25647005]

>>25646779
Dumped from +140% to +100% FUCK

[Anonymous No.25647064]

>>25646904
>>25647005

133,000,000 supply up over 300% now in free fall. Seems legit.

It's OVER

[Anonymous No.25647321]

God I feel so GOOD about this coin it has everything with AWESOME logo with BIG BLUE N and stuff even the name is AMAZING "nano" it feels like the FUTURE where TECH is MONEY and MONEY is TECH