/biz/ - Business & Finance

>>16140310
>nah
>no

>>16140310
It's a scam.

Fixed supply with captcha-distributed coins = SCAM. It will only cause deflation, which is bad. And devs must be able to unlock new coins for themselves over time, otherwise they have no power.

No mining and no staking = SCAM. How are miners supposed to make money?

Instant feeless transactions = SCAM. Simply too good to be true.

>>16140310
>>16140597

>>16140310
It's probably the best example of a PnD shitcoin.

>>16140649
Remember that there were literally anons who shilled Raiblocks at 30$.

>>16140669
why yes i do remember, how could you tell?

want some honesty, anon?
I love nano.
it has a great community and brilliant developers.
It's green, instant and feeless. This makes it theoratically the currency of the future.

However there are things standing in the way of success.

1. Because its a literal feeless coin (not tiny fees either) it is possible to fire spam attacks on the coin. Someone could use a data center to transact nano back and forth. This would cripple the nano network. Now please note the developers are aware of this problem and there has been developments to counter this issue, but it can't completely go away. do some research and you find fixes/bandaid's to this problem like dynamic proof of work.

2. Competition. There is SO much competition in the currency market. half of the coins out there are currency's. And a lot of those have close to zero fees and are near-instant as well.
So to bet on nano making it is a heavy bet.

3. No smart contracts.

If you’re still holding this, your money is gone. There is no reason for greater fools to buy in.

I say in my non professional way, own alot of some. Nano has alot going for it

Just mine pi
Its the new raiblocks
Use code tkone for bonus mining

>>16140632
>>16140656
>>16140765

Nothing but FUD. You've probably never sat through a bear market before. Go back to facebook

>>16141684
Nano community is enormous. It aint going away. Target $350/nano next run

>>16141769
Thats a close to a 50B market cap.
We peaked at 5B in the last bull run.

I dunno anon, it seems possible but unlikely but then again, stranger things have happened.

>>16141911
Each bullmarket goes higher than the last

>>16140310
It's completwly useless as utility tokens exist and their transfer completely negates any use for a third layer payment coin.
However, i will transfer half my holdings into it when it takes off as normies and moon boys will pump this fucker up to $20+, i will swiftly exit at $15 before i become a bag holder of a completly dead coin.