/biz/ - Business & Finance

>>13955248

she is the phoenix, nano will rise again from the ashes

>>13266714

It went up way too fast. That's why it crashed so hard. It went from $0.07 in November to $34 in January. 48,000% increase in 2 months.

The dumped helped the distribution which is one of the best one. Shit actually works well. If this ever gets momentum for some decent adoption it could be the most undervalued crypto right now.

This is undoubtedly going to be one of the big winners of the next bull market

Nano volume in Binance is now greater than.........

> Bitcoin Cash
> XRP
> Litecoin
> Dash

.......all of these COMBINED!

With an 8-month continuous dump from all these groups, Nano now has 100% of the coins in circulation with maybe the best distribution next to Bitcoin.

> Bitgrail hack has been dumped.

> Faucet freebies have been dumped

> December buyers who made bank have dumped

> $20-$30 range buyers have dumped

> Devs, friends and family have dumped large stacks

That means unlike a lot of non-mining shitcoins and every ICO, the founders don't own 40-95% of the tokens in tokens. It also means that unlike mined POW coins, there is no inflation. The dump was been great for distribution and now it was oversold and the price has rebounded and has been rising for 2-weeks straight.

On top of that, yesterday Nano got a lot of exposure on the Voice of Blockchain Conference on a panel discussion scalibility.

https://www.youtube.com/watch?v=GOunXLvGKBs

This really has pushed prices up further. But forget the short term swings, HODL Nano because it is going to go absolutely parabolic during the next bull run which may be in 2021. It has the tech, it has the hype, it has the usability and simplicity that gets normies excited; it also has the green factor and factors like distribution and lack of inflation put Nano in one of the best positions for a sustained upward movement long term.

This shit pumps then shorters dump it to try to buy back increasing their stack so it continues pumping again. It's been happening for two weeks now. I think this is going to continue until it settles at minimum in the $5-10 range in the bear market and when we have a bull market this baby is going to go parabolic. I think the massive dumping days are over.

> Bitgrail hack has been dumped.

> Faucet freebies have been dumped

> December buyers who made bank have dumped

> $20-$30 range buyers have dumped

> Devs, friends and family have dumped large stacks

Now it has one of the best distributions in crypto - well at least as good as you can ever hope for. Nothing like 40-90% of supply being held by founders. No constant new coins been given to miners or masternodes. Supply is fixed and everything is in circulation.

Currency is the ONLY demonstrated working use case for cryptos. This might be the best one and the greatest threat to Bitcoin. At least hold a couple hundred to hedge your bets.

It's back boys.

> Bitgrail hack has been dumped.

> Faucet freebies have been dumped

> December buyers who made bank have dumped

> $20-$30 range buyers have dumped

> Devs, friends and family have dumped large stacks


Now it has one of the best distributions in crypto - well at least as good as you can ever hope for. Nothing like 40-90% of supply being held by founders. No constant new coins been given to miners or masternodes. Supply is fixed and everything is in circulation.

FOMO in now or FOMO in at $10, $20, $30......

Currency is the ONLY demonstrated working use case for cryptos. This might be the best one and the greatest threat to Bitcoin. At least hold a couple hundred to hedge your bets.