/biz/ - Business & Finance

>>10555907
I was a believer in NANO, all the way from 10 dollars down and kept buying more, but finally sold and bought LINK two weeks ago, sold at 4.2k Sat's and never felt better

FUCK NANO

>>10555907

Dump it, it is by far the most risky investment in the top 50 (will be out of it soon lmao), basically a high school project blown out of proportions. Whales are still cashing out and when they finish it will be deader than a 2014 bitcoin clone.

>>10555907
>>10556047

It's funny I did the exact same thing.

I'll buy back into NANO at some point. Unironically think it will drop a lot further. The team needs to get their shit together and be hungry for businesses to adopt them.

>>10555907
It might be a good coin if they manage to iron out the problems and stabilize the coin and nodes. Until then, sell and wait. Too risky, can blow up any time. Team has a long history of insane decisions and are true amateurs/incompetent. Bitgrail did not help.

I like nano, but the team sucks and will keep killing it until they actually treat it like something other than a school project

If any of you faggots could read code you would see the node optimizations that are being committed to mainline right now.
It looks like they are maybe a couple days away from posting a stress test on the dev net in the area of 500-1000 TPS.

>>10555907
you do realize that once market turns bull, there is absolutely nothing you pajeets can do to prevent this from 10xing right?

Instant transactions

Feeless

Decentralised, both in design, and in operation

Permissionless

Environmentally Friendly

Scaleable - to possibly 7000tps. (300tps has been seen on mainnet)

Simple - a User eXperience that even your granny could understand

Working today (not future vapourware)

Android, IOS, desktop and browser wallets

Securable on Ledger Nano S & Jolt hardware wallets

Easy for merchants to integrate into Point of Sale via BrainBlocks and Kite

Works even if you're offline, even with paper wallets

Can securely reuse Addresses

Not classifiable as a Security

On Binance and eight other exchanges

p2p exchanges coming - LocalNanos.com due on Aug 21st and PayFair

Would cost at least one third of its market cap to breach its security with a 51% attack

Awesomely-supportive community has contributed many of the above

Can be used as an arbitrage coin once on all exchanges

Lack of fees makes it usable globally e.g. in Venezuela where some coins' fees exceed the local daily wage

No inflation - All coins in circulation

Easy to run a node with cheap hardware - A single-board computer is enough like the Brainblocks Pod

No mining required that mess with graphic cards market

Several block explorers to choose from like Nanode or MeltingIce

Promising Roadmap with many points already solved

Driven by intelligent people with a clear vision and awesome Dev team

Transparent development where anybody can jump in and contribute

Protocol and many wallets are open sourced like Nano wallet company, Canoe, Nano Blocks and Nanovault

Being considered for Coinbase Custody

Near instant and zero fees makes Nano to maybe THE best currency to be used for micro transactions like gambling, betting and other online services

>>10557186
>making fun of pajeets
>not realizing that 95% of nano holders are literally pajeets

Kek.

>>10557190
b-b-but no incentives! why do nodes keep increasing everyday?!1? reeee

>>10557206
Show me a faucet origin account that has not dumped their bags.
Start here:
https://www.nanode.co/account/xrb_35jjmmmh81kydepzeuf9oec8hzkay7msr6yxagzxpcht7thwa5bus5tomgz9

This is one of the rare coin that is still up by 10X from late november level. Bottom is still very far. It's both funny and sad looking how nano holders on reddit trying to cope.

>>10556047
it's hasn't been 4.2k sats since december retard

>>10557306
He's talking about link

double retard

>>10557306
Literally was this much July 17th, the chart is not hard to read

Crypto has no use in value transfer besides monero on the dark web

Bitcoin is a hold of value just like gold. It’s legit

No fucking middle-small size company is ever gonna adopt nano. Think for a second guys. So they save 3% on cc fees right? Keep following along. Nano has a bad day and drops 7%. Why the fuck would they adopt this shit when it will literally whipe out their profit margin.

Keep following along..... even if nano gets picked up by coinbase. Say I send a cousin nano because I owe them money. They still have to fucking cash put on coinbase and get it transferred to the bank..... and than get the moneys

There are already numerous systems that can do this with real fiat.

>>10557325
4.2k == 42k

>>10555907
> imagine not measuring wealth in XRB
> wow
> necc for sure

Nano unironically can't even do 10 tps, the 7000 tps is a meme, no different from the 100 ico's who claim it every month.

>>10557706
> the absolute state of fud attempts

>>10557742
But it's true

>>10557849
https://medium.com/@bnp117/stress-testing-the-raiblocks-network-part-ii-def83653b21f

>>10557986
Stress testing under private conditions is a whole different story, andre cronje tested ETH ability to scale under optimized environment, it reached 1.5 million TPS.


https://www.reddit.com/r/nanocurrency/comments/93rni8/more_tps_than_usual_2537/


https://www.reddit.com/r/nanocurrency/comments/90xeh5/weve_got_15_tps_right_now_any_reasons/


https://www.reddit.com/r/nanocurrency/comments/8mg48a/16_tps_we_got_stresstested_yesterday_minimum_hw/

>>10555907

I bought some at $4 because I figured that Reddit will pump it again next bull market.

Niggers chinks and pajeets hate Nano. The problem is that Nano will still be here for EOY bull run meanwhile VEN/NEO/EOS/whatever will probably implode/exit scam soonish. Get chinked retards. NOT FUCKING SELLING.

>>10557136
Eos can do 3k

>>10555907
when v16 comes and posts like "NANO achieves higher TPS than VISA" swarm forums, you'll be neccing yourself

>>10559212
On 21 nodes system is nothing to brag about, solana using the same consensus mechanism as EOS already reached 700k (single node, but still). both will die eventually imo

>>10559277
'die' is one of the things these chains cannot do with decent enough distribution. eos is more than there.

>>10559212
Yeah they are both DPOS, EOS would score better right now as the infra is being deployed by large investors.
Though EOS is a smart contract platform first and a currency second or maybe third depending on how you look at it behind distributed apps.
Also you have to take into consideration the constitution and voting mechanisms of EOS, My personal view of it is negative, but the market will decide if people accept it.

>>10555907
I like everything I've read about Nano (much more than ltc) but I'm hoping to pick it up for <$1.

Also, I need to do research and make sure it's actually decentralized (unlike EOS & IOTA)

>>10559618
It is not. Exactley the same dpos. Worst is that coins vote for the devs by default.

WHY DO YOU FUCKING ASSHOLES KEEP POSTING ABOUT THIS SHITCOIN?
THERE IS NO REASON TO BUY THIS TRASH
STOP POSTING ABOUT IT
SAGE

it was an exit scam. how many times must it be repeated for you deluded decemberfag cultists to snap out of it

I got thousands of these for free from the faucet. I don’t know why anyone paid anything for them. I sold most at 50 cents. But sold a couple at like 12 bucks. This is totally a scam and not worth spending a dollar on

>>10557352
drug dealers and grey market vendors can take nano np

I myself have been denied merchant processing for selling products not FDA approved for example.

NANO is the cure for the poison which is the blacklist of the banks.

>>10556047
Hahahahaha. Retards never learn.

One reason not to sell... your already at a loss. Pending on how much... might as well just wait and see. But really fuck NANO..

Buy the new NANO.

>>10559716
how to get your ass thrown into prison: a guide by anon

>>10555907
>Give me one valid reason not to sell
While we are askin for the impossible, I heard trump is gay! like full blown takes it up the ass homo!

>>10557136
Who cares, they could do 1 million TPS it has still a broken economic model leading to centralisation, no compatibility with smart contracts and a dogshit UX.
I would rather bet on a a coin created from start for mass adoption like pic related instead of an engineering experiment that is shitting the bed every month.
Also high TPS are a meme for a currency, Paypal is doing fine with 200 TPS, BCH has less than 2 TPS on average, at the peak of the bubble LTC had 2 TPS too.
Only smart-contracts platforms really need high tps, for pure payment protocol you have at least a decade before something needing more than 1000 TPS.