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/biz/ - Business & Finance


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File: 38 KB, 1514x671, nano.png [View same] [iqdb] [saucenao] [google]
16577228 No.16577228 [Reply] [Original]

How dead is this coin biz?

>> No.16577238

>>16577228
It would moon hard if anyone needed micropayments. No one does, the market spoke for itself. Now BSV fags think they can become the new NANO, LMAO

>> No.16577250

>>16577238
Seems like they're in for a ride

>> No.16577275

>>16577228
It has steady development progress, works now, is fast and feeless, green, etc. Most people aren't using crypto again so BTC's flaws (environmental and txn expense) are not being exposed. LN is subduing demand but actually doesn't fucking work all that well.
Do yourself a favor and cold store at least 133 nano for the future. It could be a waste of a small amount of money or it could be that nano is what bitcoin was trying to be and people wake up to that fact.

>> No.16577404

nano was a PnD from miles away
the creator was a scammer

stay away from this

>> No.16577434

>>16577404
> creator was a scammer

explain pls?

>> No.16577490
File: 168 KB, 789x778, George Coxon - Chief Operating Officer - Nano Foundation 1.jpg [View same] [iqdb] [saucenao] [google]
16577490

>>16577228
Nano is dead. No money
https://www.reddit.com/r/nanocurrency/comments/dxptka/nano_foundation_overspending/

Paying so much money to George Coxon and for ligation, as he said in reddit comment. Instead of helping bitgrail victims, he listened to Coxon and Zack to just fuck them over, but now Nano is going bankrupt because of litigatoin.

At least Coxon and Colin have enough money and the sex is good.

>> No.16577507
File: 84 KB, 721x729, George Coxon - Chief Operating Officer - Nano Foundation 4.jpg [View same] [iqdb] [saucenao] [google]
16577507

>>16577228
How could a girl with zero relevant work experience afford this and become Nanos Chief Operating Officer and why is Nano so insanely bad with all kinds of PR, marketing, business connections etc?

Just imagine, just months before Nano and Colin gave her the job as COO, she was a dirt poor backpacker in India..

>> No.16577513
File: 67 KB, 704x600, raiblocks.jpg [View same] [iqdb] [saucenao] [google]
16577513

>>16577228

>> No.16577521
File: 135 KB, 718x783, George Coxon - Chief Operating Officer - Nano Foundation 5.jpg [View same] [iqdb] [saucenao] [google]
16577521

>>16577228
Hope you enjoy paying for this Nanos, whatever the hell happens to Nano, they have enough money already, dumping millions on you

>> No.16577549

>>16577404
WOW. A scammer that created something that works and it's open source.

Very good scammer sir.

>> No.16577599
File: 118 KB, 585x781, George Coxon - Chief Operating Officer - Nano Foundation 6.jpg [View same] [iqdb] [saucenao] [google]
16577599

>>16577228
Aheee, ok, think we all know how she got the job....

>> No.16577608

>>16577228
The “free” transactions creates an inherently flawed system. Delegates proof of stake means the chain is upheld my entities with no monetary incentive, Nano has literally stated they rely on hobbyist and academics to maintain their chain. Nothing of value will ever be transacted on this chain. Ever heard of the phrase, “no such thing as a free lunch?” Someone has to pay

>> No.16577622

>>16577549
very guud sire, 7000 tps sir, only 4 u, sir, i promise sir, or I sell grandmother sir, 7000 tps sir. what sir you angry sir? lost 99% and no 7000 tps sir, only 200 and mister Colin and team dumping tens of millions of nano u sir?? why this my problem sir?

>> No.16577648

>>16577599
To be honest I would hire her too

>> No.16577661
File: 110 KB, 1164x686, nanonodes.jpg [View same] [iqdb] [saucenao] [google]
16577661

>>16577608
>There is no direct incentives to run a node, so no one will run a Nano node.

Reality:

>> No.16577709

>>16577622
The network scales with hardware, so theoretically, it can reach 7000 tps.

All the teams on crypto dump their tokens to pay for expenses and NANO is one of the few that is actually delivering it.

>> No.16577735
File: 166 KB, 799x599, George Coxon - Chief Operating Officer - Nano Foundation 3.jpg [View same] [iqdb] [saucenao] [google]
16577735

>>16577228
okay, I think we pretty much know now why nano team dumped tens of millions of nano on community and now are pretty much broke
https://www.reddit.com/r/nanocurrency/comments/dxptka/nano_foundation_overspending/

>> No.16577776

The last two years:

-NANO team released a lot of updates. Currently NANO is on v20.

-NANO got many fiat gateways all around the globe

-Adoption has been growing You can book hotels and pay with NANO, buy giftcards, there is a POS system that accepts NANO...

And all the FUD we have is that the price keeps falling and that the CEO hired a hottie to fuck her.

>> No.16577843
File: 152 KB, 799x728, George Coxon - Chief Operating Officer - Nano Foundation 2.jpg [View same] [iqdb] [saucenao] [google]
16577843

>>16577228
I think we have the Chief Operating Officer of Nano Foundation's qualifications right there, pic related.

>> No.16577849

>>16577599
Look at those lips... Imagine the succs.

>> No.16577945
File: 123 KB, 719x785, George Coxon - Chief Operating Officer - Nano Foundation 7.jpg [View same] [iqdb] [saucenao] [google]
16577945

>>16577843
yep, more "qualifications" right there

>> No.16577991

>>16577776
US Nano is not on Coinbase, a total joke. 200 tps = total useless junk. Running nodes for free only works when no one is using nano. Useless hippie coin.

>> No.16578009 [DELETED] 

>>16577228
Very easy to see why Nano foundation is virtually broke and team dumped Nano for hundreds of millions on the nano community.

>> No.16578048
File: 79 KB, 795x524, Como, Italy - George Coxon - Chief Operating Officer - Nano Foundation 8.jpg [View same] [iqdb] [saucenao] [google]
16578048

>>16577228
Very easy to see why Nano foundation is virtually broke and team dumped Nano for hundreds of millions on the nano community.

>> No.16578244

>>16578048
Where did you get these pictures?

>> No.16578265

>>16578244
https://www.instagram.com/freshgingerr/

>> No.16578298

>>16578265
Thanks!

>> No.16578320
File: 222 KB, 1068x422, solo.png [View same] [iqdb] [saucenao] [google]
16578320

I guess not everything went according to what Colin planned. She is traveling solo

>> No.16578413

>>16577228
How many "currency" coins do you need? Bitcoin cash, litecoin, dogecoin, shitcoin X, shitcoin Y, shitcoin Z. Nobody gives a fuck about spending anyway, demand is for speculation and darknet stuff which are done in btc and monero. It had its 5 minutes in the top and now it's slowly losing attention and dying like thousands of other coins that get culled once bull market is over. Is it fair that the market shits on a coin that has zero fees and no inflation? Probably not. Does it matter? Nobody cares. Maybe their fundation should spend rest of their money on ads before they fade into obscurity.

>> No.16578432

How good would it be to just throw 10k in this shitcoin right now at 70 cents? This is the rock bottom. If it reaches just 2$ that will be insane gains.

>> No.16578458

It's dead. They can't keep up with real dev teams.

>> No.16578864

>>16578320
She is meeting Colin all over the world, all the time.

>> No.16579266

>>16578432
You will have 5k by next june sir

>> No.16579283

back to ledit u go faggot

>> No.16579679
File: 211 KB, 797x725, Hotel Alfonso XIII, a Luxury Collection Hotel - George Coxon COO Nano.jpg [View same] [iqdb] [saucenao] [google]
16579679

>>16577228
At least nannos ppl know the identity of the whales dumping on them. Comment on pic is "Champagne breakfast" at Hotel Alfonso XIII, Luxury Collection Hotel.

>> No.16579721

>>16577228
Pretty dead, alot of the nano holders switched over to UOS and it also just hit a new ATH

>> No.16579767

>>16577599
Nano’s CEO has really good taste on women.

>> No.16579810

>>16579767
Nano has been a disaster thanks to chief operating officer. But at least she is good in bed, I guess. That's what's important for Colin and nano investors dont care.

>> No.16579836

>>16577404
>>16577549
>>16577434
newfags don't realize the exchange and coin were both backed by the same scammer and the BTC used to pump the coin never existed. It wasn't "hacked"

>> No.16579856

>>16577709
>expenses
lmao. Yeah.. that's it

>> No.16579882

>>16577599
Pls post pic with toes

>> No.16579956
File: 64 KB, 593x798, George Coxon - Chief Operating Officer - Nano Foundation 9.jpg [View same] [iqdb] [saucenao] [google]
16579956

>>16579882
Here you go, in luxery hotel suite, courtesy of nano investors worldwide. lmfao, at least third world nano investors know where their money went.

>> No.16580192
File: 159 KB, 852x857, George Coxon - Chief Operating Officer - Nano Foundation 8.jpg [View same] [iqdb] [saucenao] [google]
16580192

>>16577228
Nano investors kind of asked to get fucked over by the market, when their chief operating officer asks to be fucked hard via a pizza message. Probably Colin did the job, that is actually her job that she gets paid for, kinda. Not exactly sure why she is paid so much to be a nano whale. Maybe nano investors can tell us why?

>> No.16580383

>>16579882
More toes and a "fuck me" message as well, here. >>16580192

At least the Chief Operating Officer of Nano is honest about how it is to work at Nano Foundation.

>> No.16580401

>>16577661
And what economic incentive do they have? I mean, sure, they hold tokens and want to see value appreciate but other than that, what are they getting in return?

>> No.16580510

>>16580401
Nothing. There is only indirect incentives like token appreciation, no need to rely on other nodes to confirm transactions, etc.

It's a tradeoff of having no fees and no inflation.

You can choose 3 paths: fees, inflation or none. NANO choose the latter, and yes, it is working as it is.

>> No.16580520

>>16580510
Nobody will ever send anything of significant value over this chain, it’s literally banking on micro transactions. Why would I send $1b on a chain secured by “hobbyist and academics” when I can send it on BTC’s chain, the most secure, for a whopping $700? Dead coin my friend, move on. Look at the pics above, all you did was paid the wallets of the creators

>> No.16581135 [DELETED] 

Nano will go to zero LMFOA

>> No.16581157

>>16578864
Thanks Colin

>> No.16581177

>>16580520
Binance, braintree, changelly, kraken all run nodes.
WTF you on about academics and hobbyists.

>> No.16581327
File: 151 KB, 559x747, George Coxon - Chief Operating Officer - Nano Foundation 10.jpg [View same] [iqdb] [saucenao] [google]
16581327

Yep, after Colin saw that photo, then he just knew that being a broke topless, bikini solo traveler and artist, was ALL the qualifications he needed for the billion dollar market cap Nano foundation and frontier technology.

>> No.16581415

>>16579956
does that make nano a form of findom? everyone who lost on nano is her paypig

>> No.16581428

>>16577228
>>16577275
>>16577434
Do the Nannos know this?
George owned 100% of Appia, and then Nano Foundation bought shares from Appia and the holding changed. thus, Nano Foundation (Colin) bought shares from George for £100k. From the time of Formation to like 2 weeks ago, Appia was owned 100% by George according to their filings.

>> No.16581435

>>16581415
Yes, this is sick. How can anyone hold Nano after this? >>16581428

>> No.16581448

Is was literally given away for free in millions during its inception. The sell pressure this coin has is immense. I would not buy this thing at these prices. Wait for dump to 5-10 cents.

>> No.16581504
File: 174 KB, 800x596, George Coxon - Chief Operating Officer - Nano Foundation 11.jpg [View same] [iqdb] [saucenao] [google]
16581504

>>16577275
>>16577434
>>16577549
>>16577709
>>16577776
>>16578432
>>16580510
>>16581177
lol, and people say Fantom is a scam?? LOOK AT THIS SHIT!
>>16581428

https://www.reddit.com/r/nanocurrency/comments/e10hkd/nano_foundation_and_appia/

Photo: Casual breakfast overlooking abramovich's yacht

>> No.16581593

Muauahahahahh so fucking glad I have ZERO Nano. What the hell??

>> No.16581867

>>16581593
> proud of not preparing for a possible future
133 nano is < $100

>> No.16581936

>>16581867
Are you mental? Did you see the documented corruption here in this thread? Why don't you give me same shit comment and paste Onecoin in there, instead of Nano?

>> No.16582162 [DELETED] 

bump

>> No.16582439

its because "God hates DAGS" https://youtu.be/2wb9REUUBHA

>> No.16582499

>>16581936
Suit yourself, but you will feel like a real idiot if bull returns.

>> No.16582514

>>16582499
is this bait or are you a legit nano retard that doesn't realize this was a pump and dump?

>> No.16582952

>>16582499
Can't tell if delusional nano idiot or parody account.

>> No.16583568 [DELETED] 

bump

>> No.16583994

>>16581867
>rambling on about not preparing for a possible future
>Whatever X amount of shitcoin belonging to desperate bagholder is < $
Thinks that is preparing for the future and not just getting scammed by the Nano team. Smokes crack all day long.

>> No.16584046

>>16577945
Would coom

>> No.16584060

>>16579836
Rofl I completely forgot about that.

>> No.16584066

>>16577228
premined shittoken

>> No.16584079

>>16581504
Fantom is a scam though.

>> No.16584082

>>16577228
Buy Nimiq it does and will do everything Nano does but without clowns behind

>> No.16584103

>>16577735
>>16582514

This coin has fundamental technical advantages, unlike LTC for example.
Price doesnt reflect its value or potential use.

>> No.16584167

>>16584103
All DAGs are centralized shitcoins with no incentives to run a node. Trying to compare or shit on coins that have been around forever like BTC or LTC won't help nano either.

>> No.16584204

>>16584167
This and only this. Although BTC and ltc are shitcoins.

>> No.16584436
File: 28 KB, 333x499, 51cQEdN9KuL._SX331_BO1,204,203,200_.jpg [View same] [iqdb] [saucenao] [google]
16584436

>>16578320
yeahp thanks for this just market dumped my bags

going to buy something from an all chad team like Universal Protocol. No more of this wasteful spending. I'm sure half the guys on Universal Protocol's team have even read this book. They will guide us to financial freedom.

>> No.16584524

>>16584167
Nano has bad press or bad popularity.
Can you pinpoint any technical issue? It actally works

>> No.16584549

>>16584524
Like the fact that someone malicious can spam the network infinitely thanks to it having no fees? Working as intended I guess.

>> No.16585530 [DELETED] 

Thats false

>> No.16585887

>>16584524
>It actally works
No, 200 tps for a global currency doing micro payments is pure useless junk. Will never work but crash constantly. 100 000 tps is the bare minimum. Visa has 65 000

>> No.16586090

>>16578320
>3 years of travelling solo

And how many kilometers of cocks?

>> No.16586415
File: 177 KB, 1200x900, 5424324324324.jpg [View same] [iqdb] [saucenao] [google]
16586415

>>16581428
How Nano "investors" and Bitgrail victims can accept and support this blatant and crude corruption, nepotism and conflict of interests, is hard to fathom. Maybe they perversely enjoy being screwed over by the Nano team, again, and again, and again....?

>> No.16586845

>>16585887
The network scales with hardware so the 200tps will increase over time. And for now its more than enough to keep up with the demand of all cryptocurrencies. BTC only does 7...

Stop lying about Visa doing 65000 tps asshole.

https://news.bitcoin.com/no-visa-doesnt-handle-24000-tps-and-neither-does-your-pet-blockchain/

>> No.16586891

>>16584549
Dynamic PoW was implemented a few months ago and it made a lot harder to spam the network indefinitely.

NANO POW is another solution in the works that will be implemented on the next version. And on V23 ledger pruning will finish the triad against spam attacks.

>> No.16586925

A person must be really retarded to believe a open source project that didn't even had an ICO is a scam. Code is not a scam.

BTC is ruled by a bunch of scammers on Blockstream. It's actually much worse than NANO and yet, BTC code is not a scam.

>> No.16586934

>>16586845
>The network scales with hardware so the 200tps will increase over time
Yeah, from 200 to 300, maybe. Ethereum are working on plus one million tps. They have a clue, nano nuts, not so much. Enjoy the coming crash, schmuck.

>Stop lying about Visa doing 65000 tps asshole.
Here, lying Nano cunt:
https://usa.visa.com/dam/VCOM/download/corporate/media/visanet-technology/aboutvisafactsheet.pdf

>> No.16587123

>>16586925
> Code is not a scam.
Low IQ nano fanboi. Only reason we ever heard about Nano is Colin lying through his teeth about 7000 tps, when BTC was totally clogged. That and how Nano was pushed by Italian scammers. Reality is 200 tps, years later. How is that not scamming people?

>> No.16587319

>>16577228
More dead than the scam SAFEX

>> No.16587696

>>16587123
Nano's living rent-free in your head mate. Rent. Free.

>> No.16587746

>>16587696
As long as I am not the one holding the scam coin Nano and getting constantly assraped by the Nano team, I really just don't care.

>> No.16587836

>>16577228
Indonesians got this for pennies, for FREE, from faucets. It was pennies. Then $32.

Never touch it.

>> No.16588624

reeeeeeeeeeeeeeeeeeeeeeeeeee

>> No.16588726

>>16586934
>https://usa.visa.com/dam/VCOM/download/corporate/media/visanet-technology/aboutvisafactsheet.pdf


*Capacity that has never been reached. The average is less than 2000TPS

It's funny how you blame NANO for never reaching its theoretical capacity of 7000TPS, but uses a number that has never being proved on VISA.

>Yeah, from 200 to 300, maybe. Ethereum are working on plus one million tps. They have a clue, nano nuts, not so much. Enjoy the coming crash, schmuck.

Oh yeah, ETH is "working" on millions tps.... I've been hearing that for a looooong time...

>> No.16588755

>>16587123
The network can scale to this numbers. Everybody knew in 2017 that XRB couldn't process that much at that time.

NANO pumped for the same reason everything pumped in 2017. It only pumped harder than most coins because of its low liquidity.

>> No.16588762

>>16587746
>I don't care

30 posts by this ID

>> No.16589287

>>16588726
>Capacity that has never been reached.
According to amateur nano moron, not Accenture and Visa

>theoretical capacity of 7000TPS
Not on network, only centralized fake network giving fake false numbers from nano scammers. Reality is 200 tps.

>> No.16589374
File: 127 KB, 642x739, 36363463453.jpg [View same] [iqdb] [saucenao] [google]
16589374

>>16588755
>Everybody knew in 2017 that XRB couldn't process that much at that time.
Fucking delusional, here, pic is your own scam dev team, moron. Enjoy.

>> No.16589395

>>16580192
This is actually legendary. This turns Nano investors directly into femdom cucks.

Without surprise Nano has been the most popular coin on Reddit. Figures.

>> No.16589451

>>16580192
What a brat

>> No.16589670

>>16589395
Thats true. Only Reddit cucks would be OK with that. What the hell is wrong with them?

>> No.16590200

>>16589374
"in a test environment"

"in a TEST ENVIRONMENT"

"IN A FUCKING TEST ENVIROMENT"

Dude, I give up. I won't loose my time with a low IQ pajeet anymore.

>> No.16590268

>>16590200
Im sure BTC has beat this in their test environment.
Oh wait, thats right, 4 tps
4
after a decade
Nano is bitcoin, realized.
You are here for it. Consider how lucky you could be if this begins to work.

>> No.16590338

People still arguing about TPS´s? Jesus, is it 2017 again. No one obviously cares how fast, how instant or how fee less something is.

>> No.16590350

>>16590200
Test environment is meant to SIMULATE REALITY you fucking reddit moron! Not give insane numbers to investors and then fucking underperform 96%. Even with a video comparing REAL WORLD numbers for competitors and then just stuff from their ass regarding Nano. Back to plebbit boomers.

>Nano is bitcoin, realized.
Only Nano fags are so stupid that they seriously want to compete with a decade old technology. BTC is battle tested as digital gold. Enormous costs to secure the network. Nano has a kitchen table project run and paid for by free by volunteer bommers. How you can you morns even compare?

>> No.16590359

>>16590268
here >>16590350

>> No.16590411

>>16590350
Nano is competing for the use case of p2p cash.
BTC gave up that use case in a state/bank led hijacking.
You can be against p2p cash but why are you even in crypto at that point.

>> No.16590448

>>16590411
How can you compete as p2p cash with 200 tps and zero incentive to run nodes, you fucking plebbit moron? In what delusional universe will that ever function?

>> No.16590473

>>16590448
kraken binance braintree all run nodes. These are companies where a sunk cost of ~$100 a month is nothing.
nano works, today, as p2p cash. Where if I send you 1 nano, you get 1 nano. People like whole numbers and fractional fees FUCK THAT UP.

>> No.16590497

>>16590473
Great centralization there. Missing the whole point with blockchain. Thanks to your shit tech, your PoW still does not work and you have no real solution. Nano is a mess by amateurs and corrupt sex addicts.

>> No.16590512

>>16590473
Global micro payments and 200 tps. Visa has 65 000 tps. Do you see how retarded and delusional you nano clowns are?

>> No.16590536

>>16590497
It's less than $100 to prepare for a possible future and all you do is post nonsense easily discountable fud.
There are more than 100 nodes, today.
Miners fucking hate nano because it does their job better and without compensation for their retard 'industry'.

>> No.16590546

>>16590473
If Coxon is not the whore of Nano, then what is she doing, what are you paying her for? What is her qualifications for being Nano's Chief Operating Officer? Please tell us all. And what about the corrupt dealing with Nano buying her company for 100K pounds?

>> No.16590560

>>16577228
Why in the world would the world itself use any of these cryptocurrencies when it's such an infant technology? You think people are going to jump right into using them. The use case for anything is gambling on the speculative price. Nobody is using cryptocurrencies to pay bills or buy items in their daily lives. It's yet to be determined if that will happen.

>>16590473
The tech of Nano is good. Feeless, green, and instant transactions. That doesn't seem to matter at all in this.

All you on biz want one thing and that's making money off these coins. That's it. Nothing more. Everyone is waiting for the next bull run to make a shit load of money and cash the fuck out. That's all crypto is no matter how innovative the tech is.

>> No.16590563

>>16590536
>There are more than 100 nodes, today.
Yeah, with NO load on the network. Great selling point, delusional nano fag. How are the costs with a million tps, 100K tps etc? Just some fantasy numbers, as we all know there is no way in hell you can have much higher tps than 500 tps at best within the next 3 years.

>> No.16590588

>>16590560
>The tech of Nano is good
200 tps, all costs taken by volunteers for nothing, - are you high?

>> No.16590598

>>16590563
Usage in the network will create value which will sustain the network.
You try too hard and your objectives are transparent, miner.
>>16590560
Some of us are here for bigger things. NANO is the promise of bitcoin, realized. Not BTC, bitcoin - p2p electronic cash.

>> No.16590620

can someone tl:dr the whole nano lore?
I still have like 11 nanos from the gold old days from 2017, should I be worried about my investment?

>> No.16590630

>>16590598
>Usage in the network will create value which will sustain the network.
Try that gibberish on any road. Usage of the road will create value and sustain the costs of the road, so everyone can use the road for free? Can you see how moronic and delusional you sound?
>your objectives are transparent, miner.
Full paranoia. Back to plebbit, boomer.

>> No.16590639

>>16590560
You are right. But if you believe in a next bull run you should own at least a small suicide bag of NANO because it has the most normie appeal on the market and as soon as BTC gets fucked up again normies are going to pump NANO again.

>> No.16590653

>>16590639
>You are right. But if you believe in a next bull run you should own at least a small suicide bag of BITCONNECT because it has the most normie appeal on the market

>> No.16590669

>>16590639
How big is your suicide stack of Onecoin?

>> No.16590701

>>16590669
This dude is either an invested miner, which shows a truely deep lack of understanding about value creation or lost a shitload in the bitgrail hack because he didn't know how to cold store off a blatantly sketchy exchange.
Either way you should be wary of his comments and advice.
NANO is p2p cash, realized. It pisses off miners by design because they are completely unnecessary and we'd be better off kicking them out of crypto.