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/biz/ - Business & Finance


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16616779 No.16616779 [Reply] [Original]

Can literally do 43,200,000 confirmations a day without a problem.
Oh those are fast and feeless ofc.
Mobile killer app will add nano micro payments soon.
How can you not be bullish anon?

>> No.16616800

>>16616469

>> No.16616804

I shorted

>> No.16616869

>>16616779
and whats the sacrifice for that? oh yeah its centralized. good try op

>> No.16616890

Buy fantom now or neck

>> No.16617696
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16617696

>>16616869
Nano isn't centralized. Look at the representative percentages, it's similar or better than Bitcoin

>> No.16617698
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16617698

>>16617696
Here's Bitcoin's mining pool percentages for comparison

>> No.16617702

>>16616779
dang, i want to believe, but...

>> No.16617728

>>16617702
Download a wallet and post your address. I'll send you some right now

Tons of proof of transaction speed videos are on YouTube:
https://www.youtube.com/results?search_query=nano+cryptocurrency+speed+test

>> No.16617758

>>16617702
11 countries, 6 continents in 60 seconds. Fees? 0

https://youtu.be/iKt9KepQQF4

>> No.16617835

>>16616779
Nano (Raiblocks) is the fastest cryptocurrency (<1 second for immutable, irreversible full conf), it has zero fees, it scales on the first layer, it's decentralized, and it does everything it claims to do

Don't sleep on it. It's literally the most efficient form of value transfer in human history. Real digital cash

>> No.16617854

>>16616779
You missed the boat when Nano had its run to $34 in late 2017 early 2018. It’s over you’re sub $1 top kek it’s one of the scamiest coins out there.

>> No.16617870

>>16617835
Don't forget, Satoshi Nakamoto literally described how Nano works back in 2010. The only thing he was missing was individual blockchains and Open Representative Voting for consensus:
https://bitcointalk.org/index.php?topic=423.msg3819#msg3819

Last message from Satoshi, see the comments here: https://bitcoin.stackexchange.com/questions/28108/satoshis-final-statement

Links to this post: http://p2pfoundation.ning.com/forum/topics/bitcoin-open-source?commentId=2003008%3AComment%3A52186

Dated March 7, 2014

First commmit to /r/nanocurrency github: https://github.com/nanocurrency/raiblocks/commits/master?after=e2fa840fdbc7ea47f51413b1ec043c5489922dfc+3035

May 1, 2014

>> No.16617939
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16617939

>>16617870
Not the first person to notice that either. Look at linguistic analysis between the two (pic related)

Colin and Satoshi are almost too similar...

>> No.16618032
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16618032

>>16617939
is that even possible?? Could we prove that Colin is Satoshi?

>> No.16618099

>>16616779
Fucking stupid, even your dev Zack Shapiro doesn't believe in your shit project and he tells you why. Here:
>>16616469

>> No.16618116

>>16618099
Nano demolishes lightning in almost every way. No channels, no minimum balances, no fees, no routing issues, no watchtowers, no online backups, no online requirement, etc

>> No.16618165

>>16618116
Nano is a crashed coin with a broken system. The very basis for Nano network is that people will run the whole system for free, for all eternity, all the time, with no downtime, or the Nano network will crash. Can any of you nano "investors guarantee that? The integrity of your network is solely based upon people that will work for maybe thousands of hours for free and pay tens of millions in costs for nodes, bandwith for free, for all eternity? How insane, delusional and away from real life is that?

1. For a global currency with micro-payments, 100 000 TPS is the very bare minimum. What's Nano's current TPS? You claimed 7 000 TPS in DEC 2017. Pic. Is it not a little over 200 TPS?
2. What is the total costs of Nano network with 100 000 TPS (CPU, IO and bandwith) , that you believe people will do for free for no reason. How many tens of millions? You have no clue do you? Same with Nano Foundation. Zero cost analysis. How amateurish and pathetic is that?

I took the comment from this thread, answer the questions in the thread then, plus Zack Shapiro's comments from the other thread.
>>16596049

>> No.16618197

>>16617854
If you're gonna say it's a scam, at least provide some evidence for it.

>> No.16618225

>>16618197
You guys are so pathetic. The Nano fudder was here for days, and you all ran away. No when he is not here, you come all crawling back. Here, answer the questions that he raised in the thread:
>>16596049

>> No.16618227

>>16618165
Not true. Not having a direct fee incentive is not the same thing as having no financial incentive. In fact, Nano has pretty strong financial incentives that scale with the level of adoption of usage.

Examples of financial incentives that apply to Nano include profit maximization, cost reduction, loss aversion, censorship-resistance, self sovereignty, etc

The cost of consensus in Nano is so low that the benefits of the network are the incentive. Ironically just like Bitcoin full nodes, HTTP, SMTP, etc

>> No.16618263

>>16618165
It wasn't until PayPal had 100 million users that it cracked 50 TPS. That happened in 2011. That's only 4-5 million transactions a day, which Nano can already handle...

https://techcrunch.com/2011/09/25/paypal-now-processing-315-million-in-payments-per-day/

If any cryptocurrency gets 100 million users it's already a massive success lmao

>> No.16618265

>>16618227
Are you insane? With a feeless system you believe people will spend millions of dollars on nodes for "cost reduction"? Are you on meth? You will work for free every holiday and pay all bills for a nano network node, tens of thousands of dollars each year, because of " profit maximization, cost reduction, loss aversion, censorship-resistance, self sovereignty, etc" What the hell are you smoking? And stop the fucking reddit spacing.

>> No.16618275

>>16618263
Go read the discussion here, pajeet. Visa has 65 000 and no micropayments. >>16596049

Why did you Nano pajeets suddenly decide to crawl out from under your stone, after Nano fudder was here for days? And now you just spew the same talking points he thoroughly debunked?

>> No.16618283

>>16618265
A $5/month node already handles 50 TPS. A high end node is only $50/month. That's way cheaper than spending 1-3% in payment processor fees...

Also the bottleneck is bandwidth, which increases 50% a year, and Nano automatically scales based on available resources:

https://www.nngroup.com/articles/law-of-bandwidth/

>> No.16618327

>>16618283
Hey, stupid, ever heard about a global network for a global currency with micro payments for everyone, including the un-banked, doing only 50 tps? When Visa, dealing with a fraction of that, is made for 65 000 tps? It will be 100 000 tps minimum. What are the costs then and why do you fucking nano idiots and nano foundation not even know and why did you fucking idiots suddenly come now, AFTER Nano fudder was here for days and none of you idiots could answer him?
>>16596049

>> No.16618346

>>16616779
Pajeets on /biz/ like to lose money, that's why they are not buying NANO.

>> No.16618357

>>16618275
And here comes the MultiVAC pajeet.

>> No.16618392

>>16618327
Nano has no protocol based limits. Bitcoin's max TPS is limited by block sizes and block times, but not Nano. Instead, transactions are processed individually and asynchronously. There is no single shared blockchain that everyone is competing to get into

Nano has a fundamentally better design than Bitcoin, and it's designed primarily for human-to-human value transfer. Even Visa (one of the largest payment process on the planet) has TPS averages far below what you're talking about.

By the time we ever get to that scale, available bandwidth will be much higher than it is now, and Nano will automatically scale to those available resources.

>> No.16618534

>>16618099
A lot of earlier adopters and devs of Bitcoin jumped ship a long time ago.

And he would be lying if he said that NANO is proved more safe and has a larger community than Bitcoin.

>> No.16618571

>>16616779

PnD scam so keep your fucking bags pajeet

>> No.16618755

>>16618165

> b-but why would anyone do anything for free?

People do things for free all the time through volunteering and contributing to open source software. Not everyone is a selfish greedy bastard like yourself.

>> No.16618790

>>16618225
That thread is a literal joke. How do you expect anyone to take you seriously when the thread mentions "Satanists" in the title.

>> No.16618816

>>16618755
Yeah.

But Walmart sees more cash flow than the salvation army, so what's your point. Are they better than a multi billion international because they rely on free labour? Lol.

>> No.16618872

>>16618265
Businesses also pay fees to use system like Visa and Mastercard, so what's your point? They'll probably be saving more on fees by running a Nano node.

>> No.16618968

>>16618571
Nano was given away for free. How is it a PND scam??

It also takes literally 30 seconds for you to download a wallet and try it for yourself... It does everything it claims to do

>> No.16618981

>>16618755
They wouldn't even be doing it for free. They'd be doing it because it enables them to run a profitable business, like everyone on the internet running websites for free because they make their money in other ways...

Some ideas: exchanges, remittance services, payment processors, credit card providers, etc

>> No.16619189
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16619189

>>16616779

>> No.16619223
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16619223

>>16616779
Nano dev Zack Shapiro said Nano is a shitcoin and can not compete with Bitcoin, pic.

>> No.16619230

>>16618197
Lied about 7000 tps. Reality was 45. Pumped by lying nano devs and italian scammers

>> No.16619233

>>16618816
>Comparing Nano to Walmart...

>> No.16619236

>>16618357
Are you on drugs?

>> No.16619257

>>16618392
>By the time we ever get to that scale, available bandwidth
You are so stupid you don't even understand the basics of Nano. Restrictions are CPU, IO, bandwith and costs. All maintained, monitored, paid for by volunteer amateurs, for all time, with zero downtime, including holidays, for nothing, with absurd costs involving a global network. Some tens of millions of dollars. Nuts.

>> No.16619282

>>16618534
Have they ever said an older technological solution was by far superior to BTC? Raiblocks had two devs, one is a findom pervert, lost nearly all nano funding wasting millions, the other one says Nano is shit and can not compete with BTC >>16619223

>> No.16619295

>>16618755
OK, stop paying Visa employees then, and see what happens. You are comparing a book club among friends with a global network with costs of tens of millions of dollars each year. It never worked, commie.

>> No.16619305 [DELETED] 

>>16618790
Nano foundation hired a satanist with the handler - Rock Me Suck Me Jesus. So who can you not take seriously, Nano hiring offensive satanists or threads providing that fact?

>> No.16619312

>>16618872
Then you will have full centralization. A system controlled by the few.

>> No.16619319

Premined shitcoin

>> No.16619341

>>16618790
Nano foundation hired a satanist as their senior community manager, with the handler - Rock Me Suck Me Jesus. So who can you not take seriously, Nano hiring offensive satanists or threads providing that fact?

>> No.16619348

>>16618263
oh you mean like bitcoin? lmfao

>> No.16619404 [DELETED] 

>>16619295
Worse let the Visa employees work for and on top of that, paying for all the Visa network costs, because they care about giving the world a financial network. That's exactly how absurdly insane the nano model is. Only functions now because NO ONE is using Nano. You are all delusional Nano zombies. Too stupid for biz.

>> No.16619417

>>16619257
Do you not understand the concept of external incentives?

>> No.16619438

>>16618755
>>16619295
Worse let the Visa employees work for free for all eternity, 24/7 - no downtime, and on top of that, paying for ALL the Visa network costs, because they care about giving the world a financial network. That's exactly how absurdly insane the nano model is. Only functions now because NO ONE is using Nano. You are all delusional Nano zombies. Too stupid for biz.

>> No.16619457

>>16619417
>concept of external incentives
Your stupid, idiotic, dysfunctional, illogical and useless model does not get any better by your plastering empty slogans over it. "concept of external incentives" is a totally meaningless term. Pure bullshit. Back to Redd1t.

>> No.16619558

>>16619457
No one is working for free... Representatives get something out of running a node. Why is that so difficult to understand?

>> No.16619606

>>16619558
>No one is working for free
So a feeless system is paying them? Are you insane?
>Representatives get something out of running a node.
Like what? The costs will in the tens of millions and that does not include all the manpower maintaining and monitoring the network, 24/7, all holidays etc.

>> No.16619647

>>16619606
No, access to the network is what's paying them. Being able to use a feeless, near instant global settlement network. That enables them to build new businesses and business models

>> No.16619673

>>16619558
Don't argue with the fool. It is like talking to a bot. Closer to a jew. Gradually, you will begin to hate him.

>> No.16619682

>>16619647
>No, access to the network is what's paying them
You can do that for free, so that is no payment. You are delusional again
>That enables them to build new businesses and business models
Then you have centralization. Big business running and controlling the network. Facebook on steroids, exactly what crypto was meant to avoid.

>> No.16619699

>>16619673
Here, two key persons in the Nano ecosystem, both Jews.
>>16616724
Nano is some of the most Jewish dominated projects in crypto space.

>> No.16619748

>>16619682
Parties don't have a trusted way to access the network unless they're running their own node. Why do you think Nano has so many nodes already? Binance, Kraken, Magnum, Natrium, NanoVault, BrainBlocks, etc all run nodes

https://mynano.ninja/statistics/representatives

>> No.16619773

>>16619748
>Parties don't have a trusted way to access the network unless they're running their own node
GREAT so Nano users can't trust the network at all, unless they wasting their life with running a node. Got it.
>Why do you think Nano has so many nodes already?
Kitchen table project among amateurs, with ZERO load on the system, all naively hoping they will one day get rich. Nano is Bitconnect 2.0

>> No.16619983

>>16619773
Bitcoin works the same way. Running a node is how you get trusted access to the network

>> No.16620013

>>16619983
>Bitcoin works the same way.
No, not even close the integrity and safety of the network is guaranteed by block rewards. Nano has nothing. It shall all be done for free and paid for by volunteers fro all eternity with no downtime. For you to say they work the same only further display that you nano idiots don't know what you are talking about.

>> No.16620038

>>16620013
You're mixing mining with running a node...

>> No.16620058

>>16620013
Again, they're not running the nodes for free. The benefits they gain are greater than the costs, which is why they run a rep

>> No.16620063

>>16620038
There is a reason why Satoshi did not let the node system stand alone without block rewards. Colin is too stupid to understand this. He is no Satoshi.

>> No.16620082

>>16620058
>The benefits they gain are greater than the costs
Again you are just repeating your zombie statements. OK, one more time

The costs of a global Nano network will be millions of dollars plus countless man-hours maintaining and supervising the network. HOW can you get income to cover your costs from a FEELESS system?

>> No.16620092

>>16620063
Literally everything you use on the internet works without direct monetary fees, including massive services like Facebook, Gmail, Twitter, Amazon, etc

Why? Because the benefits and profits made ON TOP of HTTP, TCP/IP, SMTP, etc

>> No.16620116

>>16620082
No it won't, and it doesn't

Imagine that tomorrow 100 MILLION people started using Nano, what would the current representatives like Binance do?

NOTHING. Because their $50/nodes can scale past that as is.

Now imagine 500 million people. All of a sudden businesses like Binance, Kraken, and others have an incentive to upgrade their nodes and keep the network going. Why? Because the they have 500 million potential customers

>> No.16620124

>>16620092
OK, so Nano will start data mining their customers and Soros globalists are willing to pay for this? Got it. Great crypto, so much better than paying 0.0000001 cents in fee. So Nano will be just like feeless Facebook and Twitter, a data mining, centralized, globohomo hell hole. Good to know

>> No.16620133

>>16620124
Do you not understand that businesses are built ON TOP OF platforms??

>> No.16620136

>>16620116
That will be one hell of a centralization, when a handful of big business entities control the whole network. How can your 200 tps shitcoin server 500 million users doing micropayments?

>> No.16620145

>>16620133
Do you not understand WHY youtube, facebook and twitter are "free" to use? You want the same for Nano, moron?

>> No.16620158

>>16620133
>Do you not understand that businesses are built ON TOP OF platforms??
How can big business pay millions of dollars plus manpower, running Nano network, without centralization and data mining? Tell me.

>> No.16620165

>>16620136
No, that's not how weighted-vote delegation works. Users choose who gets their voting weight and can remotely re-delegate it to anyone at any time

>> No.16620171

>>16620158
It costs $50/month, not millions of dollars...

>> No.16620184

>>16620165
Big business controlling the network can shut down the network anytime. You have centralization. Majority of users will not waste time googling the different node operators and it will be easy for big business to lead users where they want them. Your system operating for free is pure la-la fantasy land.

>> No.16620204
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16620204

>>16620171
>It costs $50/month, not millions of dollars...
Really? You are so stupid that you believe a minimum 100 000 tps network will only cost $50/month for CPU, IO and bandwidth? Time for you to put down your Nano crackpipe.

>> No.16620210

>>16620184
Open Representative Voting is not like traditional DPoS. No funds are locked up or staked, representatives don't create blocks, representatives literally can't reverse transactions (they don't have access to account private keys), there are no fees to incentivize centralization over time due to economies of scale and profit maximization, users can remotely re-delegate their vote weight to anyone at any time

>> No.16620227
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16620227

>>16620204
Bitcoin has never done more than 500k transactions in a single day

Ethereum has never done more than 1.5 million transactions in a day

PayPal (centralized) was only doing ~5 million transactions with 100,000,000 users

So what does 500 million users look like? 25 million transactions per day? STILL LESS THAN THE OP's SCREENSHOT

>> No.16620247

>>16620210
>there are no fees to incentivize centralization over time due to economies of scale and profit maximization
This is illogical gibberish

If you control the network physically and open representative voting, you control the network. You are desperately trying to square a circle with a free, feeless network that will cost millions of dollars to run, perhaps even tens of millions of dollars.

>> No.16620265

>>16620247
It's not illogical gibberish, it's what's happening to Bitcoin. Any cryptocurrency that rewards miners/representatives for doing their job incentivizes centralization over time because those parties want to maximize their profit.

https://medium.com/@clemahieu/emergent-centralization-due-to-economies-of-scale-83cc85a7cbef

>> No.16620278

>>16620247
Not true with Nano because of their block-lattice architecture. Everyone has their own blockchains that only they can add transactions to. Reps can't because they don't have the private keys

That's different from Bitcoin where miners build a shared block and can choose what transactions to put in that block

>> No.16620319

>>16620227
Again you are just proving how utterly stupid and delusional you nanofags are. None of your examples are doing micro-payments. None of your examples are truly global, including the unbanked. You are also so moronic that you ramble on about average tps, too stupid to understand that you must calibrate for peaks, i.e. Christmas, holidays and emergencies. That's why Visa alone are calibrated for 65 000 tps and does not include micro-payments and serving the unbanked.
https://usa.visa.com/dam/VCOM/download/corporate/media/visanet-technology/aboutvisafactsheet.pdf

That's why Ethereum is working towards million(s) of tps.
https://www.ccn.com/vitalik-buterin-ethereum-will-eventually-achieve-1-million-transactions-per-second/

Your 200+ tps Nano is a joke. So is you 7000 tps lie, dec 2017. Scam coin.

>> No.16620336

>>16620265
>Any cryptocurrency that rewards miners/representatives for doing their job incentivizes centralization over time because those parties want to maximize their profit.
Do you have LESS incentive for cost reduction and thus economics of scale (centralization) when you have NO economic rewards and must do it for free, you idiot?

>> No.16620349

>>16620319
Nano doesn't need to do all the things. The PoW alone makes it unsuitable for a lot of IoT usecases. Other cryptocurrencies can fulfill that gap

"working towards millions of tps"

How many cryptocurrencies can even do 100s of TPS in the real world???

>> No.16620363

>>16620319
So because Nano isn't doing 100k TPS right now it's a scam? Lmao

Guess how many TPS Bitcoin and Ethereum can do and look at their market capitalizations

>> No.16620376

>>16620336
Nano has economic rewards, they're just external not internal. Like running a Bitcoin full node. Or an HTTP server. Or an email server

>> No.16620382
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16620382

>>16620278
Meaningless. Your very expensive network to run, with zero fee and thus income, will be run by big business. They will totally control the network with zero decentralization. Every idiot can see that. There is a reason why Charlie Lee dumped his Nano bag.

>> No.16620385

>>16617696
>>16617698
Except nano’s consensus mechanism as far as I can tell is DPoS (the same faceberg’s meme “Libra” was planning to use) and Bitcoin is PoW.

>> No.16620393

People in general love their debit and credit cards. Normies have no reason at all to use nano, therefore it won´t have millions of users, therefore an insane tps is not necessary

>> No.16620394

>>16620385
Any who’s thinking “gee whiz this seems like a great investment opportunity” - it’s not. Don’t listen and get burnt in dead shitcoins.

>> No.16620400

>>16620349
>Nano doesn't need to do all the things
You claimed global currency for micro-payments. There is no way in hell your shit technology can do that.
>How many cryptocurrencies can even do 100s of TPS in the real world???
Many. What is not solved is the blockchain trilemma, highest probability for solving the trilemma: ETH 2.0 and MTV

>> No.16620401

>>16620385
Nope, Nano's consensus mechanism is Open Representative Voting (ORV), not DPoS:

No funds are locked up or staked, representatives don't create blocks, representatives literally can't reverse transactions (they don't have access to account private keys), there are no fees, and users can remotely re-delegate their vote weight to anyone at any time

>> No.16620408

>>16620400
Ok, let me know when ETH2.0 is live and tested in the real world. By definition it can't be as efficient as Nano because it stores more data and uses a single monolithic blockchain (making transactions synchronous vs asynchronous)

>> No.16620417

>>16620382
Look at the charts for yourself. Nano is the same or more decentralized vs Bitcoin mining pools

>> No.16620418
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16620418

>>16620363
>So because Nano isn't doing 100k TPS right now it's a scam? Lmao
When only reason why we have heard about Nano is the fraudulent claim by Nano Foundation that Nano could do 7000 tps, dec 2017, right when BTC had huge problems with transactions. Without that blatant lie from your sociopathic Nano Foundation, your shitcoin would have been an unknown coin place 666 CMC. Total scam.

>> No.16620426

>>16620376
>Nano has economic rewards
Name those rewards. Give practical examples and not some generic Nano slogans and rambling.

>> No.16620431

>>16620418
Again, what other cryptocurrencies can do even a few 100 TPS in the real world??

List them, with evidence links.

Then, list all the ones that are NOT capped by their protocol math (e.g. block sizes X block time)

>> No.16620442

>>16620426
The same incentives as running a Bitcoin full node. Or Twitter. Or Gmail. Or Facebook.

>> No.16620482

>>16620408
>By definition it can't be as efficient as Nano because it stores more data and uses a single monolithic blockchain
Wrong. You have sharding and second layer solutions. Nano is garbage network with constant crashes above some hundred tps. To claim that Nano has infinite tps just constrained by hardware, like Colin does in his whitepaper is just as stupid as saying that I plan to cycle to the moon, that I get stronger each day and one day I will be able to cycle so fast that I can jump to the moon. Only limitations are muscle strength and bicycle hardware, but as both muscles and bicycles get better over time, it's just a matter for time before I can jump to the moon with my little bicycle . Nano as global currency for micro payments is just as stupid.

>> No.16620487

>>16620431
>Again, what other cryptocurrencies can do even a few 100 TPS in the real world??
Many, google them. As I said, none of them having solved the blockchain trilemma. Best candidates: ETH 2.0 and MTV

>> No.16620491

>>16620401
>there are no fees
Ah yes, I forgot the best part, Nano tx’s are fee-less, great for the consumer, not so great for....

>> No.16620494

>>16620442
No, BTC network has mining rewards, Twitter, Gmail and facebook have data mining and ads.

Why always so dishonest, Nano fans? Again:
>Nano has economic rewards
Name those rewards. Give practical examples and not some generic Nano slogans and rambling.

>> No.16620499

>>16620376
External rewards as in, selling your nano to newfags and PnDing your currency?

>> No.16620551

>>16620494
No, mining is not the same thing as running a full node. Bitcoin full nodes don't get paid...

>> No.16620554

>>16620499
Nah, I'm not selling

>> No.16620567

>>16620494
Assume you are selling virtual skins online. You want to be payed in nano because visa takes 3%. You make 100k a month. Visa would have taken 3000$. And exactly this is incentive enough to run a node for 50 bucks a month. Or if you want a really, really high tier node, pay fucking 250$. Problem is your guys are either FUDsters who fell in love with abother coin or just simply a broke bitch.

>> No.16620576

>>16620494
What got you interested in cryptocurrencies in the first place? Why do you think people started getting into Bitcoin before it was worth anything?

>> No.16620583

>>16620551
I know, that's why Satoshi did NOT have a stand alone network for nodes but included block rewards. Unlike Colin, too stupid to understand why Satoshi chose that solution.

>> No.16620588

>>16620567
>Assume you are selling virtual skins onlin
Why do I have to pay for a node when I can access for free with free transactions?

>> No.16620598

>>16616779
Shit coin ran by criminals who colluded with bitgrail to pump and dump then exit scam

>> No.16620605

>>16620576
>What got you interested in cryptocurrencies in the first place?
Fight back against central banks/fractional reserve wealth destruction and wealth transfer to a small elite, leading to corrupt politicians and political systems.

>> No.16620608

>>16620588
Because you want to secure the network that you are making extra 3000$ of. And also you might want to participate in decentralozed money and wave a big FUCK YOU to visa.

>> No.16620656

>>16620608
Sure, why not make Visa free then. Volunteers are paying for the network and doing all the work, and they will have no problem running whole Visa network for free, because they all have self interest in a free network, so even though no one forced them to pay for the network and do all the work, they would all do it due to their self interest. Right? How has that EVER worked in real life? How delusional and detached from reality are you crazy nano bois and findom pervert Colin? Did you learn nothing from the crash of communism? It does not work.

>> No.16620677

>>16620608
>are making extra 3000$
Running a Nano node can easily be way more expansive than using Visa. You and Nano Foundation have NO clue what the costs will be (CPU, IO and bandwidth) with a 100 000 tps, right? And what does that tell you that Nano Foundation has done NO cost analysis and same with the stupid Nano community? Do see why you are a joke in crypto space?

>> No.16620724

>>16620656
Why not make binance and kappture profiting of nano without a node? Everyone who profits hugely from the network wants to contribute to decentralization thus making their and everyone elses funds saver.

>> No.16620739

>>16620724
>Why not make binance and kappture profiting of nano without a node?
I already explained why and even if true, then only big business will run nodes and then you have centralization. No need to run a blockchain for that.

>> No.16620745

>>16620677
Nano nodes are not more expensive than Visa. $50 for 100 MILLION users is cheap.

Bitcoin and Ethereum don't come close

>> No.16620747

>>16620677
No idea. Could stay around 50 bucks as cpu and storage power cost continues to decrease due to mores law but I do know that once bitcoin blocks get full again you, even though you are just trying to buy something, are going to pay a nice fee of 100$+ :)

>> No.16620751

>>16620724
>Everyone who profits hugely from the network wants to contribute to decentralization thus making their and everyone elses funds saver
Yeah, right. Then take your stupid Nano model and start a competing Visa system then. Free to use and based on work by volunteers and they are taking all the costs for the network as well. That would work GREAT according to stupid Colin and the crazy Nano community.

>> No.16620752

>>16620605
Which is exactly Nano's goal, just in a more efficient way than Bitcoin

>> No.16620755

Incase I haven't said it already

Premined shitcoin

>> No.16620757

>>16616779

this scamcoin already massively pumped
>you're holding shitbags, retard

>> No.16620760

>>16620751
It's not based on work by volunteers, it's based on work by profitable businesses that get more profitable when using Nano...

>> No.16620767

>>16620745
Great, Nano idiot. Show me your cost analysis for 100 000 tps. CPU, IO, bandwidth and man-hours. Believe me, it is far, far away from the $50 that scammer Colin is rambling on about. Just as far away from his lies about 7000 tps, when reality was 45-75 tps.

>> No.16620768

>>16620739
See the consensus doesnt work like that. The people will contribute their votes to whoever they feel confortable in. If those votes go to big companies all located in the US, people would be aware and might want to decentralize the network by giving their votes to a smaller company in india. Its not like with the btc PoW system where miners literally have to capitulate cuz they are not profitable anymore, leaving the big miners alone in their centralized space.

>> No.16620784

>>16620747
>No idea. Could stay around 50 bucks as cpu and storage power cost continues to decrease due to mores law
Yeah, that is just insane. Your numbers are mental. Total costs would be millions yearly. Tens of millions if you include opportunity costs (man-hours etc).

>> No.16620793

>>16620752
So the guy wanting to fight against corruption started to lie through his teeth about 7000 tps, reality 45-75 tps, and recommending a scammer exchange from hell, run by his Italian buddy with help from Nano Foundation?

>> No.16620803

>>16620760
>it's based on work by profitable businesses that get more profitable when using Nano...
Use that statement for Visa with feeless transactions and see how stupid that is.

>> No.16620804

>>16620793
7000tps was the correct number in the perfect test environment. Far from reality. The community took these numbers and made this gif that you all fell for? Xd fucking idiot

>> No.16620808

>>16620349
BSV

>> No.16620817

>>16620768
Again, when Big Business takes over, as you Nano bois have stated many times here in this thread, then they will control the network physically (nodes) plus they would lead the users easily to the voting pattern they want. No way in hell would users spend hours on google to determine their vote, and if they did, Big Business would just talk to Google what to show up. Then you have a centralized Nano from hell.

>> No.16620821

Did somebody fat finger their shill bot to 2019 instead of 2017? The fuck is this?

>> No.16620826

>>16620817
You don't understand how voting works in Nano, or what representatives have power to do

>> No.16620833

>>16620821
Ask >+bKSW1ir

He's been making non-stop Nano shill threads for the past week lmao. Started after he got called out for being an incel on twitter

>> No.16620845

>>16620442
>same incentives as running a Bitcoin full node
I'm assuming you're talking about a listening node that does literally nothing for the network and aren't incentivized at all to exist.

>> No.16620850

>>16620804
>Xd fucking idiot
Colin is a scammer you fucking moron, and if you push Nano, so are you.

His tweet >>16620418
is fraudulent. Test environment is supposed to simulate reality with +/- 10-15% margins, NOT scammer Colin just taking numbers right out off his ass and present them to his idiotic and gullible Nano community (you) as facts. Fuck you and your scammer community,

>> No.16620857

>>16620826
Yes I do. Same with Charlie Lee, pic. >>16620382

>> No.16620862

>>16620817
You are so fucking clueless you shouldn't even take part in this conversation fucking idiot. Learn about nano first if u want to contribute.

>> No.16620868

>>16620845
Exactly, so why are there 10000 of them?

>> No.16620874

>>16620745
Bitcoin nodes are incentivized to exist. Really the cost of operating one hardly matters at all because doing so is profitable.

>> No.16620876

>>16620857
That tweet is not grounded in reality. This pic is reality:
http://is2.4chan.org/biz/1576875188040.png

>> No.16620889

>>16620874
EXACTLY. Same for Nano

>> No.16620890

>>16620862
So tell me about findom pervert Colin and what happened to the burn rate of Nano Foundation's assets. But of course you Nano idiot have no clue, yet ramble on about:
>You are so fucking clueless you shouldn't even take part in this conversation fucking idiot. Fuck you and your scammer community. Even one of your core dev admits your Nano is a shitcoin and has no chance against BTY >>16619223


Here, Nano scammer.
https://www.reddit.com/r/nanocurrency/comments/dxptka/nano_foundation_overspending/

>> No.16620894

>>16620868
Retarded hobbyists who want to feel important.

>> No.16620899

>>16620889
Nothing like Nano, retard. Nodes on Bitcoin receive block rewards. You're thinking of listening nodes, which do nothing and thus receive nothing.

>> No.16620900

>>16620890
Nano is an open source project, anyone can work on it. There's not much left to do anyways

>> No.16620910
File: 1.11 MB, 1440x2942, Weiss Crypto Ratings - Nano.png [View same] [iqdb] [saucenao] [google]
16620910

>>16620876
Ryte. Then explain:
WEISS: NANO RATED AS UTTER SHITCOIN
D+
Pic related
>"When Developers Get In Over Their Heads"
>"But in actual practice, it has fallen short of expectations. And now Nano has effectively admitted defeat, retreating back to an approach that's same old, same old.
>What a far cry from the promise it once had!"

Desperate and hysterical Nano fanbois went crazy found a blog article that was identical with pic related, bombarded Weiss with so many nasty tweets that they had to make their Twitter account private, too stupid to understand that was the blogger that had plagiarized Weiss from an email sent to all paying Weiss customers approx one month before being published on their internet site. Not Weiss plagiarizing the blogger.

>> No.16620911

>>16620899
Mining nodes == get paid
Full nodes == don't get paid

10,000 full nodes exist with no direct Bitcoin fee incentive

Why? Because for some individuals (typically those with the most stake in the network) the benefits of running one outweighs the costs

Same for Nano. The consensus mechanism is so light that the network itself is the incentive

>> No.16620918

>>16620910
Weiss rated EOS an A+ lmao

No one cares what a random reviewer says

>> No.16620923

>>16620900
>There's not much left to do anyways
A couple of hundred tps, no funding to more development, no funding to marketing, branding and business partnerships. Sounds GREAT! This is partly why core Nano dev Zack Shapiro said you have no chance against BTC >>16619223

>> No.16620927
File: 269 KB, 244x240, 1576887642831.gif [View same] [iqdb] [saucenao] [google]
16620927

>>16616800
>>16618099
>>16618755
>>16619233
>>16619699
>>16620133
>>16620400
>>16620499
>>16620588
>>16620677
>>16620755
>>16620833
>>16620899
>>16620900

>> No.16620934

>>16620911
Listening nodes do literally nothing for the network, pleb. If they all disappeared Bitcoin would go on as if nothing happened.

>> No.16620936

>>16620910
You do realize that weiss crypto articles is ran by 1 guy who lieks to copy paste articles? Look it up that whole fucking article was written about 2 years ago on some shady site XD fuckign shit you guys are too much

>> No.16620939

>>16620918
>not agreeing with one rating is proving all ratings false
Yep, Charlie Lee has no clue, Weiss Crypto Ratings have no clue, same with virtually everyone with knowledge in crypto space, but, to learn the truth about Nano and decentralization, I must talk to random Nano plebbitors, coming to biz to push their scam coin. Right?

>> No.16620949

>>16620936
Yeah, that's what you Nano idiots told yourself while you swarmed and spammed Weiss. Paying customers got the report one month earlier, understanding that Nano community is probably one of the most retarded and mob-like in crypto. Nice job.

>> No.16621013

>>16620934
Cost vs reward is what matters

>> No.16621031

>>16621013
Listening nodes have NO REWARD. They do nothing. They do not matter even a little bit.

>> No.16621048

>>16621031
Exactly, so why do 10,000 of them exist? There's obviously an EXTERNAL incentive

>> No.16621050

>>16621013
Colin, Zack et al, have been dumping millions on you for years. According to his own statements in court documents, Colin still has between 5 and 6 million Nano. On top of completely depleting funds of Nano Foundation waaayyy before time. Buying shit companies from Nano COO George Coxon? Do you guys have complete Stockholm Syndrome or what?

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

>> No.16621080

>>16621048
>There's obviously an EXTERNAL incentive
A hobbyists curiosity doesn't keep Bitcoin alive. At scale these people won't even exist because it's FAR too cost prohibitive for them to run these pointless nodes. Your argument is shit.

>> No.16621090

>>16621080
No, you're still missing it

As long as costs are below the operators benefit, they will run a node. Nano is so lightweight that the benefits always scale more than the costs

>> No.16621128

>>16621090
>As long as costs are below the operators benefit, they will run a node

I just explained that it won't be at scale. There is another guy in this thread who's been explaining the same thing to you as well. You're still not getting it.

>> No.16621884
File: 100 KB, 647x892, charlieleenano2.png [View same] [iqdb] [saucenao] [google]
16621884

Charlie Lee still holds Nano last time someone asked him, a few months ago desu

>> No.16622673 [DELETED] 

>>16621884
No, that is nearly two years ago. He got rid of his Nano bag nearly one year ago. Why do you Nano guys lie all the time?

>> No.16622688

>>16621884
No, that is nearly two years ago. He got rid of his Nano bag around one year ago. Why do you Nano guys lie all the time?

>> No.16622710
File: 91 KB, 625x773, 1559187506329.png [View same] [iqdb] [saucenao] [google]
16622710

(you) (nanofaggots)

>> No.16622901

>>16619223
oh look, it's the multivax investard.
I know reading might be a bit of a challenge for you, but literally all he said is that bitcoin has more brand recognition than nano. neither did he say that it's a shitcoin, nor that is has no chance (just that it'll be considerable harder for it to catch on).
I honestly don't know why I'm still arguing with you. with each and every post of yours I read you prove yourself denser than a fucking rock and more interested in whether the devs are satanists or not, rather than the actual technology or potential behind the coins.
you don't seem to realise that having one chain that does everything is a terrible idea, you don't seem to realise that there are other incentives to running a network than money, you don't seem to realise that there is a difference between a node and a miner in BTC; fuck, you don't even seem to know what running a node looks like, judging by all the times you said it requires each node owner to put in "massive amounts of manpower" to "maintain and monitor the network".
I legitimately envy your ability to put in 48+ hours into talking about something you have virtually zero knowledge in other than the shit you'd read on pretty websites made for marketing shit to you. it really is quite amazing.
investards that don't know shit about tech need to >>/out/ of crypto.

>> No.16622981

>>16622901
Oh, the Nano Satanist is here. I told you to buy DAG. If you had listened to me you would have gotten a very easy and clear 10x. DAG will still go 100x and be a 50 CMC within 1 year. But what did you idiot do? Listened to Satan again as he assraped you and bought some more Nano, only to crash another 50%. MTV will go 10x short term. Could easily go 10 000x long term. You are an idiot, too stupid for crypto. Back to plebbit, boomer. You have to go back.

>> No.16622996

>>16622901
>fuck, you don't even seem to know what running a node looks like, judging by all the times you said it requires each node owner to put in "massive amounts of manpower" to "maintain and monitor the network".
OK, Satanist moron. What is your cost analysis for a Nano node, global network doing micro-payments, 100 000 tps, including CPU, IO, bandwidth and man-hours. You whine and bitch hysterically, rabid satanist, that you have this great knowledge regard your crashed and psychotic Nano investment, after you listened to scammer and findom pervert Colin. So go on, give me your and Nano foundations cost analysis. Do it.

>> No.16623000

>>16622981
>not even attempting to reply to the things I'd said
>just namecalling
yep, I think I'm done. I don't know why I kept going, even as all the people started calling you "DAGboy" and all the other red flags appeared.
have fun with your MTV shitcoin.

>> No.16623048

>>16622996
honestly, here's one last post, just because I don't wanna look like I'm running from your "pressing questions"
according to the nano foundation's hardware requirements for a typical node are 2 gigs of ram, an SSD and good network throughput. you can get a VPS with those specs for 2.50 EUR/mo on hetzner (which is the host the NANO.Voting principal representative uses). setting up the node shouldn't take too long, you have a nice guide and both a docker image as well as standalone binaries all set up for you in the nano documentation. the manpower required shouldn't be too much either, considering the nano node - as are the nodes for most cryptocurrencies - is just a run and forget affair. maybe set up a script to notify you if the node crashes and make sure to update your node whenever a new version is released and you should be more or less good.

i've asked you this once and i'll ask again - have you ever even run a node?

>> No.16623059

>>16616779
Well, if you like child sacrifice, death and decay, having urine, semen and blood sprayed over you during sermons, then NANO is the coin for you. Just contact our senior community manager and satanist, Rock Me Suck Me Jesus, not kidding.
http://archive.is/D72hB

>> No.16623068

>>16623048
oh, and while principal reps require more resources, their hosting costs on hetzner still stay under 20 EUR. you could possibly get it even cheaper if you hosted it yourself, depending on your ISP and electricity costs.

>> No.16623074

>>16623048
Yeah, and you and your stupid scammer Nano foundation are giving the investors the costs of running a free, zero income network, when there is NO LOAD on the network. Plain fraud and scamming. Just as stupid and insane as claiming running Visa for free costs next to nothing and show some data regarding costs when no one is using this "fast, feeless and green" Visa.

Again, Nano scammers:
"What is your cost analysis for a Nano node, global network doing micro-payments, 100 000 tps, including CPU, IO, bandwidth and man-hours. You whine and bitch hysterically, rabid satanist, that you have this great knowledge regard your crashed and psychotic Nano investment, after you listened to scammer and findom pervert Colin. So go on, give me your and Nano foundations cost analysis. Do it."

>> No.16623091

>>16623068
Yeah, giving us the costs when Nano is still a kitchen table amateur project with ZERO LOAD on the network, virtually NO USERS is not very helpful when you utter morons ramble on about Nano will be the future of money, global currency doing micro-payments, is insane and pure scam. The costs of that network will be in the millions of USD and to believe that volunteers will pay for all that, doing all the work for free 24/7, including holidays, in order for you idiots to have your "feeless" fake, scamming, utopia network, is insane. That's why you scammers NEVER did a cost analysis for even the bare minimum of a global, micro-payment system, 100K TPS. Scammers. Nano is an unusuable shitcoin with a broken tech and business model. Deal with it.

>> No.16623103

>>16623074
>Yeah, and you and your stupid scammer Nano foundation are giving the investors the costs of running a free, zero income network, when there is NO LOAD on the network.
he claims, with no data to back that up. real great job, anon.
like I said, I'm done trying to actually convince you, I'm not doing any more research just so you can say "ok but they're satanists".
but, from a theoretical standpoint, their figures look fairly accurate. your server really doesn't have to do that much work when processing a transaction - most load is actually on the hard drive (which is why they tell you to get an SSD) and the network (which is why they tell you to get a fast connection and 1-2TB of monthly available bandwidth). you're just clueless as to how nano actually works.

>> No.16623115

>>16623091
also, I'm pretty sure I'd already said that nowhere on their website does the nano foundation say nano is for micropayments.

I'm done, man. like I said, you have fun with your MTV shitcoin and wasting literal days shittalking nano on an african knitting forum. cheers.

>> No.16623145
File: 255 KB, 1418x746, Bitconnect moved to Nano.jpg [View same] [iqdb] [saucenao] [google]
16623145

>>16623103
>>16623115
You are just taking stuff right out off your ass, just as Colin did when he scammed Nano community, claiming 7000 tps, when reality was 45-75 tps. There is a reason why you and the scamming Nano foundation has done NO cost analysis for running a global network with micro-payments, minimum 100K tps. Instead you give numbers for costs when no one is using the network. This is Onecoin tier scam. Of course you idiots can have free transactions when no one is using it. That's like having a competitor to VISA and claiming no transaction fees as long as no one is using it, and then give some insane statements that people will pay for and run the Visa clone for free, for the good of community. There is a reason why Bitconnect community moved to Nano scam coin. Pic related.

>> No.16623152
File: 160 KB, 1022x760, Nano - Bitconnect 34.jpg [View same] [iqdb] [saucenao] [google]
16623152

>>16623103
>>16623115
No wonder your stupid community believes proven scammer Colin that you can have a global network with insane costs for free. Pic related.

>> No.16623163

>>16623152
Have you run a node before? The costs are nothing. OP's screenshot of 40 MILLION transactions per day is on commodity hardware

No one is claiming that Nano can currently handle 100,000 TPS, but it doesn't need to! Nano automatically scales with hardware and resource improvements, and even 200 million users is doable on the current network...

Besides, nothing in the top 50 can compete with Nano for peer-to-peer decentralized value transfer

>> No.16623164
File: 84 KB, 721x729, George Coxon - Chief Operating Officer - Nano Foundation 4.jpg [View same] [iqdb] [saucenao] [google]
16623164

>>16623115
>also, I'm pretty sure I'd already said that nowhere on their website does the nano foundation say nano is for micropayments
OK, so Nano is useless in daily life, paying for coffee, groceries etc. Got it. So you are BTC without their security and proven record. Great.

At least Nano Foundation members got rich. Pic.

>> No.16623165

So much talk about nano....you stupid fucks made me gamble

If only people knew when threads go on for days like this it means 2 things

50% you'll make it

50% you wont

Easy

>> No.16623172

>>16616779
wow that's fucking slow
Solana can do the same amount of tx in few minutes, blocks confirmed in 0.4s, without sharding

>> No.16623176

>>16623172
Where is your real world evidence, not beta tests

Nano's stress test aren't just lab numbers

>> No.16623180
File: 143 KB, 1175x537, here.png [View same] [iqdb] [saucenao] [google]
16623180

>>16623164
we'd already been over this last thread. it's for everyday transactions, an alternative to visa and mastercard. (which, as you'd agreed last thread, are also not meant for microtransactions)
it's literally the same usecase as dash, anon.

also, didn't you say she came from a rich family, anyway? how do you know this is money from nano and not just her money?

>> No.16623183

>>16623145
Wrong. Again, Nano has NO PROTOCOL BASED LIMIT. It scales based on available resources

https://forum.nano.org/t/nano-stress-tests-measuring-bps-cps-tps-in-the-real-world/436

>> No.16623205

>>16623163
Again, to deal with peaks (Christmas, holidays and emergency), Visa is calibrated for 65 000 tps [1]. If you stand once in queue and can't pay for a Christmas present 24 Dec, due to a crashed Nano network, you will never use that shitcoin again. No matter how feeless. That Nano has only a couple of hundred tps and claims to be the future global network is a joke. Visa with 65 000 tps is not meant to be used for micro payments, nor to serve the unbanked. With 100 000 tps the costs of running Nano network will be astronomical and there is no way in hell a handful of Nano amateurs and enthusiasts could run that for free. If that was the case, you would have Visa clones, airlines etc running for free, paid for and invested man-hours by volunteers. Nano claims that. Conservative estimates would then be 100 000 tps. That's why Ethereum is working on one million tps [2]. Nano is a scam with a totally broken tech and business model.

[1] https://usa.visa.com/dam/VCOM/download/corporate/media/visanet-technology/aboutvisafactsheet.pdf
[2] https://www.ccn.com/vitalik-buterin-ethereum-will-eventually-achieve-1-million-transactions-per-second/

>> No.16623211
File: 245 KB, 1417x674, Nasty Nano Community II.jpg [View same] [iqdb] [saucenao] [google]
16623211

>>16623165
Nice reddit spacing, boomer. Back to plebbit.
>So much talk about nano....you stupid fucks made me gamble
Guess you invested a ton in Bitconnect then. The talk was intense. Again you idiots prove that Bitconnet and Nano community is the very same. Pic.

>> No.16623229
File: 166 KB, 799x599, George Coxon - Chief Operating Officer - Nano Foundation 3.jpg [View same] [iqdb] [saucenao] [google]
16623229

>>16623180
>it's for everyday transactions
That's micro-transactions. Idiot.
>also, didn't you say she came from a rich family, anyway?
No, idiot Nanoids claimed that, after it was clear for everyone else that you crazy Nano "investors" have been scammed. So what version of reality is true, from you Nano scammers. Was she a dirt poor back-packer and solo traveler for three years, loving the tech and solving captchas from pervert findom Colin with a thing for redheads, or was she born into a super rich family, yet wasting endless days solving captchas to get some free toy money from the internet? You have been scammed. Deal with it.

>> No.16623243
File: 135 KB, 718x783, George Coxon - Chief Operating Officer - Nano Foundation 5.jpg [View same] [iqdb] [saucenao] [google]
16623243

>>16623183
>Wrong. Again, Nano has NO PROTOCOL BASED LIMIT
Who cares you idiot. Do you even understand the basic laws of physics? There is no limit for how fast I can cycle on my little bicycle. But to claim that I will thus cycle so fast that I can jump to the moon, claiming that my strength and bicycle tech is getting better all the time, is insane. Nano is insane. You have been scammed. Pic related.

>> No.16623248

>>16623205
Bro credit cards have outages all the time and people still use them. Even with an outage Nano transactions would be confirmed faster than Bitcoin

>> No.16623250

>>16623243
You don't seem to understand that different designs have different scalability limits. Nano is a far more efficient design than any other cryptocurrency out there. That's why it scales so well on such cheap hardware

>> No.16623253 [DELETED] 

>>16623248
>Bro airplanes fall down all the time, so people will use my insanely dangerous air planes, that already is proven never will work.

>> No.16623258

>>16623211
You stupid fuck go back to hole you crawled out of........bitconnect was shortlived NANO has been around for years AND TIME IS THE ONLY ASSET YOU CANT BUY......get it through your head you fkn idiot if this was a scam it would have dumped to 0 a long time ago this is common sense.

>> No.16623259

>>16623229
>That's micro-transactions. Idiot.
so, by your own admission, visa and mastercard are not meant for everyday use (because you said they're not meant for microtransactions).
sorry, anon, but not everyone uses their credit/debit cards once a week.

>No, idiot Nanoids claimed that
ah, you're right, it wasn't you that said that last thread. I stand corrected.

>>16623205
>crashed Nano network
yeah, good luck crashing every single node on the network at once.

>> No.16623274
File: 174 KB, 800x596, George Coxon - Chief Operating Officer - Nano Foundation 11.jpg [View same] [iqdb] [saucenao] [google]
16623274

>>16623248
>Bro airplanes fall down all the time, so people will use my insanely dangerous air planes, that already is proven never will work.

You have been scammed. Deal with it. Comment on pic from Nano COO George Coxon: Casual breakfast overlooking abramovich's yacht

>> No.16623282 [DELETED] 

>>16623258
You scam shitcoin, Nano, will never work. Just like the stupid trading robots of Bitconnect. You have been scammed. Deal with it. Pic related.

>> No.16623291

>>16623274
I haven't been scammed. I literally have my Nano right now, and I use it everyday...

Nano does what it claims to do

>> No.16623298
File: 104 KB, 670x708, Nano 75 TPS Aug 2018.png [View same] [iqdb] [saucenao] [google]
16623298

>>16623250
>You don't seem to understand that different designs have different scalability limits
I do, you don't.
>Nano is a far more efficient design than any other cryptocurrency out there. That's why it scales so well on such cheap hardware
Are you on drugs. Scammer Colin promised 7000 tps in Dec. 2017, pic is what the stupid Nano community got when faced with reality, after the Bitgrail/Nano scam.

>> No.16623306
File: 168 KB, 789x778, George Coxon - Chief Operating Officer - Nano Foundation 1.jpg [View same] [iqdb] [saucenao] [google]
16623306

>>16623258
You scam shitcoin, Nano, will never work. Just like the stupid trading robots of Bitconnect. You have been scammed. Deal with it. Pic related.

>> No.16623309

>>16623306
Your an idiot nothing you say makes sense

>> No.16623319
File: 211 KB, 797x725, Hotel Alfonso XIII, a Luxury Collection Hotel - George Coxon COO Nano.jpg [View same] [iqdb] [saucenao] [google]
16623319

>>16623291
>Nano does what it claims to do
Only with no one is using the broken and failed scam network. That's you and scammer Nano Foundation have never done a basic cost analysis for the very bare minimum 100K TPS. You have been scammed. Deal with it.

Comment on pic from George Coxon: Hotel Alfonso XIII, a Luxury Collection Hotel. Comment: Champagne breakfast.

>> No.16623329

>>16623309
you'll get used to it.

>> No.16623340

>>16623329
That guy has to be running some kind of OP to promote Nano. So much low value fud for days and days. Good way to promote Nano though I guess

>> No.16623354
File: 159 KB, 852x857, George Coxon - Chief Operating Officer - Nano Foundation 8.jpg [View same] [iqdb] [saucenao] [google]
16623354

>>16623259
>so, by your own admission, visa and mastercard are not meant for everyday use
They are not meant for everyday use. What "admission" is you rambling on about nanoid? People globally don't use Visa daily to pay for coffee, bus tickets, or vending machines (like your crazy Nano Foundation with zero business understanding, is trying to implement).
>yeah, good luck crashing every single node on the network at once.
Have you seen the Nano stress tests? Are you high again?

How did George Coxon get her job as COO? What was her qualifications to be a COO for a foundation with a multi billion dollar market cap? (later crashed with a wealth destruction costing Nano investors billions of dollars, but that is besides the poin). Text on pizza in front of half naked Nano COO George Coxon says "Fuck me".

>> No.16623382

>>16623340
>Good way to promote Nano though I guess
Time for you to look at Nano's price action. You have been scammed. Sorry. Even Nano core dev Zack Shapiro says Nano is a shitcoin and BTC much better, both in tech and business understanding. >>16619223

>> No.16623394
File: 20 KB, 540x540, lmao.jpg [View same] [iqdb] [saucenao] [google]
16623394

>>16623354
>People globally don't use Visa daily to pay for coffee, bus tickets, or vending machines
haha, holy fucking shit, anon, you are either absolutely delusional or live in a 3rd world shithole.

>> No.16623399

>>16623354
Lmao I love that this has come out recently. The fucking guys behind this operation IMMEDIATELY went full bitch male as hard and fast as they could and got sucked dry in the bad way by this sociopathic “bikini traveler” thot. Just...lol. If that doesn’t make you run in the other direction with your money...maybe you’re a paypig idk?

>> No.16623424
File: 79 KB, 795x524, Como, Italy - George Coxon - Chief Operating Officer - Nano Foundation 8.jpg [View same] [iqdb] [saucenao] [google]
16623424

>>16623394
Again you prove your low IQ. Only a fraction of global population are using Visa for daily life, yet Visa is calibrated for 65 000. Nano scammers say they will do all that PLUSS the unbanked and all those that do not use Visa for daily payments, i.e. the vast majority of global population. Thus a 100K TPS is the very bare minimum for Nano, more likely closer to a million tps or more as Ethereum are working on. Yet everybody knows that Nano would fully crash technically if they only had a fraction of 100 000 tps and the costs, supposedly paid for by volunteers, would be astronomical. Pic is Como, Italy. You have been scammed. Sorry.

>> No.16623437
File: 430 KB, 1064x1168, 1576671598771.jpg [View same] [iqdb] [saucenao] [google]
16623437

>>16623399
True. Lefty, globohomo and scammer Colin went into full libtard mode. Pic related.

>> No.16623460

>>16616779
Coins without smart contract capabilities are worthless in the long run.

>> No.16623465

>>16623424
honestly, the moment you'd said that nobody uses debit cards on the daily is the moment you'd lost all credibility in my eyes, sorry.
also, if you expect ANY cryptocurrency, whether that be nano or anything else, to replace both mastercard and visa and service the unbanked, then YOU are the delusional one here.
only a fraction of the nano community honestly believe it'll be the visa/mastercard killer that'll take on the load of both of the giants. most just see it as a good alternative method of payment.

>> No.16623473

>>16623354
A few Nano idiots are claiming that pics are not her. What a stupid thing to say regarding an instagram account with more than 6000 followers, were numerous people saw the account, took screendumps, when photos and link were dumped on biz days ago. Account is now private.

>> No.16623479

>>16616779
Zilliqa is better and didnt take off. Technology does not equal adoption. Litecoin>you. First to market advantage, business 101.

>> No.16623492

>>16623354
also, here's your admission:
>>16597731 - "Visa does not aim for micropayments"
going by your logic, micropayments == everyday payments. so here.

>> No.16623495

>>16623354
WTF I love Nano now, holy fuck shes smokin, I would ream her ass so hard shed be wearing diapers for a month. Still not buying though.

Nano shills, if you dont see the obvious meme you should be exploiting in this context, you dont deserve to make it.

>> No.16623502
File: 1.94 MB, 1240x2098, MultiVAC One-Pager.jpg [View same] [iqdb] [saucenao] [google]
16623502

>>16623465
Nobody is using Visa to pay for chewing gum. That's a micro transaction. Context was also total global transactions, and people globally are not using Visa to buy coffee etc, only a small fraction of global population is doing that. What is it with you and stupid comments?
> if you expect ANY cryptocurrency, whether that be nano or anything else, to replace both mastercard and visa and service the unbanked, then YOU are the delusional one here.
Vitalik and ETH is working on it:
https://entethalliance.org/members/
https://www.ccn.com/vitalik-buterin-ethereum-will-eventually-achieve-1-million-transactions-per-second/

Same with MultiVAC (MTV), pic.

>> No.16623503
File: 44 KB, 500x500, perfect-ginger-Aryan.jpg [View same] [iqdb] [saucenao] [google]
16623503

I would genuinely plow money into her before I would give it to pajeets, but I would plow money into Litecoin first because it actually has a future.

>> No.16623507

>>16623492
Already explained here.
>>16623502

>> No.16623531

>>16623502
anon, I don't know where you live, but everytime I go to a store/cafe/whatever, I see most people pay with their debit cards. I have no idea where you live, but it's a shithole.

also, good fucking luck replacing visa and mastercard with your non-prunable blockchain. that pretty much guarantees multi-terrabyte blockchains and ridiculously long sync times for new nodes.

>> No.16623547

>>16623531
>multi-terrabyte blockchains and ridiculously long sync times for new nodes.
You dont need to run a node, you absolute mongoloid. Use a third party wallet, duh. Litecoins blockchain is like what, 20gb.

>> No.16623549

>>16623547
>>16623531
Also crypto cards dont need to make transactions on the blockchain, you can just load them up and spend on 1 transaction. Sidechains.

>> No.16623552

>>16623531
You do? You go to a cafeteria and pay for your coffee with Visa? You pay for your newspaper and/or chewing gum at your local kiosk with Visa? Normally, regularly on a daily basis? And how is that a point anyway? Visa never stated they aim for micro-payments. Nano does.
>I have no idea where you live, but it's a shithole.
Average income far above USA. What about you?
> that pretty much guarantees multi-terrabyte blockchains and ridiculously long sync times for new nodes.
Yeah, too stupid to understand sharding etc. Too stupid to understand second layer solutions.

>> No.16623578

>>16623552
>You do? You go to a cafeteria and pay for your coffee with Visa? You pay for your newspaper and/or chewing gum at your local kiosk with Visa? Normally, regularly on a daily basis?
In some areas of Canada the stores no longer even take cash because quickpay is faster. The lunch rush pays entirely with cards. Its even moreso in China, everyone pays for everything using a card they spend 1 second putting in front of a scanner. Yes, they pay for chewing gum with it.

>> No.16623588
File: 3.76 MB, 750x1334, CDAB9F96-4CA0-41E5-800F-96CD0D174E41.png [View same] [iqdb] [saucenao] [google]
16623588

>>16616779
https://twitter.com/zeroabsolutes/status/1208390740860121088

>> No.16623626

>>16623578
That's a local payment system, not a global trans-national one, like Visa. Cross border payments are different, same with a global instant payment system.

>> No.16623634

>>16623578
If we get a global crypt currency, the market cap would be multiple trillions.

>> No.16623672

FERRUM

>> No.16623748

>>16623552
>You do?
no, most people I see do. really killin' it on the reading comprehension there, champ.
I see people paying for coffee at cafes, small shopping at stores; hell, I even see people paying for bread at bakeries using cards. and debit card ads even suggest that that's the way they're meant to be used (see https://youtu.be/ozWbnhEklNg or https://youtu.be/HCqc981UJh0))

>USA
ah, yes, you guys do lag a bit behind the rest of the world when it comes to fintech. have y'all finally started using chip and pin, or are you still holding on to your magstripe cards?

>sharding
afaik, traditional sharding setups still require nodes to have a full copy of the blockchain.

>second layer solutions
because lightning is working out SOOO well for bitcoin, right?

>> No.16623848

>>16623329
Paid shill dilate fggt

>> No.16623882

>>16620910
this one is sub 70 IQ and probably shorted the bottom
the irrational reasoning and desperation give it away

>> No.16623915

>>16616890
This.

>> No.16623959

>>16618265
Holy shit fuck nano

>> No.16624001
File: 117 KB, 500x455, My+mom+took+me+both+times+_69deb0b0f5873b0b4c745ec9ac7ae912.png [View same] [iqdb] [saucenao] [google]
16624001

>>16616779
not surprising this entire post is made up of reddit spacing
looks like you all privately got together and decided 'i bet we can get 4chan to turn our coin to the top 10 like link!'
you all are so fucking desperate, just sell your loss and claim it on your taxes

>> No.16624010

>>16623205
imagine believing ETH or any other DLT project can handle as much tps as NANO
Dapp platforms puke to cryptokitties, how the fuck will they ever achieve higher scale than lightweight protocol which focus only on being the most efficient DLT
Even the CLintons are reeeing in face of NANO
The best they could come up with was the XRP aberration, which is centralized, slower, has fees and has 60% of supply held by banksters

>> No.16624048

>>16623672
shut it

>> No.16624064

All this shit talk about nano by 3rd worlders makes me so fucking confident. Thx guys :*

>> No.16624067

>>16624064
Same here. People are finally noticing Nano and getting scared :)

>> No.16624072

>>16618265
>> "millions of dollars" -> actually less than 100 USD/month, which is way below current monthly 2-3% intermediary fees
also, BTC and other 1st gen shitcoins are the ones that already consume millions per month in energy, while sucking everyone's value through inflation and fees
you still a ego-enprisioned ape, yet to ascend to love-unity mind-set

>> No.16624100

>>16624067
bullish

>> No.16624163
File: 18 KB, 425x283, 454322.jpg [View same] [iqdb] [saucenao] [google]
16624163

>>16623424
>Only a fraction of global population are using Visa for daily life
Get a load of this retard ahahahahahhaahahhahahahhaahahhahaa.

>> No.16624300

>>16623748
>I see people paying for coffee at cafes, small shopping at stores
OK, your point?
>ah, yes, you guys do lag a bit behind the rest of the world when it comes to fintech. have y'all finally started using chip and pin, or are you still holding on to your magstripe cards?
I said: >I have no idea where you live, but it's a shithole.
Average income far above USA. What about you?
>sharding. afaik, traditional sharding setups still require nodes to have a full copy of the blockchain.
No. Blockchain yes. Transactions no.
>because lightning is working out SOOO well for bitcoin, right?
How does your emotional opinion rule out a future, well-functioning second layer?

>> No.16624311

>>16623882
>this one is sub 70 IQ and probably shorted the bottom
>the irrational reasoning and desperation give it away
Probably the double of your IQ. Investigated and realized that scammer Colin's 7000 tps claim was a huge giant lie in early Jan 2017. What do you think?

>> No.16624327
File: 85 KB, 799x658, Vitalik TPS.jpg [View same] [iqdb] [saucenao] [google]
16624327

>>16624010
>magine believing ETH or any other DLT project can handle as much tps as NANO
Pic. Nano?

>> No.16624336
File: 184 KB, 609x884, Nano Hodlers.jpg [View same] [iqdb] [saucenao] [google]
16624336

>>16624064
>All this shit talk about nano by 3rd worlders makes me so fucking confident. Thx guys :*

>> No.16624344
File: 87 KB, 750x600, Nano hodler getting assraped.jpg [View same] [iqdb] [saucenao] [google]
16624344

>>16624067
>Same here. People are finally noticing Nano and getting scared :)
>t. desperate Nano hodler getting ass-raped constantly by the devs and market since Dec 2017

>> No.16624353

>>16624072
>actually less than 100 USD/month, which is way below current monthly 2-3% intermediary fees
Braindead comment. That's when no one is using your scam coin and shit network. What if your scam coin could eve do 100 000 TPS, the bare minimum for a global network, then what? Give me your cost analysis, Nano zombie.

>> No.16624354

>>16624327
Woah a tweet! I too can promise 1billion tps. Relate to OPs pic, NANO doing 500tps on v21. Fastest in the market. 5g isn’t even rolled out yet. 7k tps might be reachable, but not necessary. Paypal was doing 50tps when it hit 100m users

>> No.16624368
File: 166 KB, 1417x408, Nasty Nano Community I.jpg [View same] [iqdb] [saucenao] [google]
16624368

>>16624163
>Get a load of this retard ahahahahahhaahahhahahahhaahahhahaa.
1. How many people in the world have bank accounts?
2. How many of them have Visa
3. How many people are alive today?

Why are you Nanoids always so retarded and nasty? Pic related.

>> No.16624376

>>16624354
Vitalik has a long history of being conservative with his estimates. Unlike scammer Colin lying about 7000 tps when reality was 45 tps.

>> No.16624394

>>16623424
everyone i know uses a debit card for daily purchases small or big. you are a complete retard if you dont see that.

>> No.16624399
File: 72 KB, 721x646, nanoTps.jpg [View same] [iqdb] [saucenao] [google]
16624399

>>16624327
Nano's TPS numbers aren't just tweets or guesses

Pic related

>> No.16624401
File: 97 KB, 1208x448, 1535065112297.png [View same] [iqdb] [saucenao] [google]
16624401

>>16624354
>NANO doing 500tps on v21. Fastest in the market
No. Why do you Nanoids lie all the time? Give me your documentation, Nano scammer.
>Paypal was doing 50tps when it hit 100m users
Moron. PayPal is not directed against micro payments. Unlike Nano. Your average tps is typical of you Nano morons. Network must be able to handle peaks like Christmas, holidays, not average. Visa is calibrated for 65 000. Nano can't handle a fraction, yet Nano core scammers and stupid community keep on pushing that lie. Nano is Bitconnect 2.0
https://usa.visa.com/dam/VCOM/download/corporate/media/visanet-technology/aboutvisafactsheet.pdf

You are a scammer. Fuck off back to plebbit.

>> No.16624406

>>16624368
>bKSW1ir
Even fucking beggars in China use QR codes. People can already pay with their phones and cards for all the shit and they do.
Now I do agree that Nano is a shit nobody asked for shilled by reddit and pumped and dumped into oblivion.

>> No.16624416
File: 91 KB, 375x261, DCDAF6AE-2308-4DCE-8A3D-004FD71ACF3C.jpg [View same] [iqdb] [saucenao] [google]
16624416

>DESPITE BEING SPOONFED FOR TWO YEAR THEY STILL JUST DONT FUCKING UNDERSTAND.
when are you guys going to start understanding? stoping living in 2017.

>> No.16624419

>>16624401
you post such ridiculous fud it makes it easy to dismiss you

Nano is nothing like Bitconnect

>> No.16624431

>>16624394
>everyone i know u
Financial "analysis" from stupid nanoid right there.

>> No.16624444

>>16624399
That's beta.

>> No.16624451
File: 32 KB, 375x254, 7560FBCB-D79F-4C7E-98B7-83CB8C12AA87.jpg [View same] [iqdb] [saucenao] [google]
16624451

>>16624431
reminder 99.999 of peoples amazon account is hooked up to their debit. i know it hard for you to go outside but try going to say like a cafe, 99.90 people will use a debit card. just admit you are retarded. good luck with you "cryptocurrencies" (hahahahhahahahaha) reminder that chainlink will make your "cryptocurrency" actually useful.

>> No.16624465

>>16624419
You got scammed. Deal with it. Your shit scam coin will never function in real life. There is now way in hell you will reach the necessary minimum of 100K TPS, and even if you did, the costs would be astronomical and your shit business model says all those costs will be paid for by volunteers. Totally insane business model. Why not give free airline tickets to everyone, paid for and operated by volunteers? Nano is just as moronic. Mickey Mouse reality.

>> No.16624472

>>16624353
>>16624353
> Calling “shitty” and a “scam” a network thats been running for 5years straight without any security issues, only improving since

You mad cuz no 7k tps? Stick with btc / shitcoins. Pay the fees and wait fixed 10min in line for Xi’s approval, only to get fucked by inflation while dumping tons of electricity

> Hurr but Xi is profitting from me and other sheep! Such incentives!!
Thats exactly the problem u dumb fuck.
70% of hashing is already in hands of chinese pickaxe sellers, and it will only increase. PoW / PoS are born to be “decentralized”, but are centralizing by their profit-inbued nature.
Strong and Durable Decentralization comes first / before any other aspect. The 500tps is just icing on the cake. It could do BTCs shitty 7tps and it would still have a better architecture / security model.

>> No.16624478

>>16624451
Do amazon serve the global population? Visa and debit cards are not the same thing.

>> No.16624481
File: 146 KB, 1881x807, nanoSpeedLive.jpg [View same] [iqdb] [saucenao] [google]
16624481

>>16624465
Nano is functioning just fine in real life

https://nanospeed.live/Stats

>> No.16624487

>>16616779
i miss 2017. buy nerva.

>> No.16624492

>>16624472
It's been toymoney with zero real world use cases for 5 years. Constant crashes with the slightest hint of spam attack. Insane node crashes on every major exchange multiple times.

>> No.16624496

>>16624481
>Nano is functioning just fine in real life
No load on the network. Are you Nano guys morons?

>> No.16624527

>>16624376
Yeah very conservative
Still waiting for sharding, plasma, staking and all the other bullshit empty promises from 2015
Maybe he’ll deliver by ETH 6.0

>> No.16624529

>>16624492
Constant crashes? Lol
You now resorting to straight lies in attempt to keep fooling yourself?
Whatever suits you, ape

>> No.16624535
File: 152 KB, 799x728, George Coxon - Chief Operating Officer - Nano Foundation 2.jpg [View same] [iqdb] [saucenao] [google]
16624535

>>16624472
>Thats exactly the problem u dumb fuck.
Typical Nano "investor" too stupid to understand that he has been scammed. Your COO was the best qualified person in the world to handle a multi billion dollar market cap foundation, pic related, right low IQ nanoid?

>> No.16624561

>>16624535
Yeah, avoid the fact that your shitcoin is now china owned and go back babbling about the redhead = C o p e

>> No.16624564
File: 68 KB, 998x708, Pathological Nano Lies BoA.png [View same] [iqdb] [saucenao] [google]
16624564

>>16624527
Delays and underperformance are two different things. Vitalik has never underperformed. Why are you nano "investors" always so stupid? Pic related.

>> No.16624611
File: 122 KB, 1105x576, Nano Heading for Disaster.jpg [View same] [iqdb] [saucenao] [google]
16624611

>>16624529
>Constant crashes? Lol
>You now resorting to straight lies in attempt to keep fooling yourself?
>Whatever suits you, ape

Inform yourself low IQ nanoid. This was written in 2018. Enjoy:
>Constant node issues. Withdrawals/deposits suspended on several exchanges due to security and stability issues, multiple times, every single month. All exchanges down less than 6 weeks ago [8]. Kucoin less than 3 weeks ago [9]. Another failed update and node crash this week [10][11]. This despite being miles behind having any sort of global currency traffic. Nano could be years away from even having the potential to be a well-functioning global currency.
>Coinbase will only use coins stable for multiple months. Nano is far away from that, see above and [8] [9] [10] [11]. Coinbase will also stay away from a coin riddled with legal problems [7] [12]. Best case scenario is having Nano on Coinbase late 2019, if at all, leaving Nano hopelessly behind other cryptocurrencies

[7] http://archive.is/lDoCW
[8] http://archive.fo/v2noA
[9] https://news.kucoin.com/en/nano-deposits-and-withdrawals-are-now-enabled/
[10] https://medium.com/nanocurrency/weekly-nano-update-9-17-18-834f3a493994
[11] https://www.reddit.com/r/BinanceExchange/comments/9flnx5/is_nano_deposit_broken_someone_also_having/
[12] http://archive.is/dOMVA

Rest can be found here:
http://archive.is/diUnZ#selection-1731.0-1753.28

>> No.16624646
File: 716 KB, 960x2117, 5234523523.jpg [View same] [iqdb] [saucenao] [google]
16624646

>>16624561
BTC is not the main crypto in my portfolio. What are you rambling on about, idiot? You have been scammed. Your coin and team is shit, pic, deal with it.

>> No.16624647

>>16624611
You're talking about news from 2018 dawg. We in 2020 now

Nano is faster, cheaper, and more scalable than Bitcoin or ETH by far. And it works as claimed TODAY

>> No.16624657

>>16624611
Exchange issues != Nano issues

>> No.16624670

>>16624300
>OK, your point?
the memory of a goldfish, holy fucking kek

>Average income far above USA. What about you?
...your point being? are you really that desperate to find out where I'm from? I don't see how that would be in any way relevant, but it's central europe.

>No. Blockchain yes. Transactions no.
...aaaand you're not making any sense. care to try again?

>How does your emotional opinion rule out a future, well-functioning second layer?
if well implemented, not at all. however, second-layer solutions tend to be clunky for the end user (look: lightning), less secure and overall worse than just having a good layer 1 in the first place (which is exactly what nano is doing. do one thing and do it well).

>>16624327
>using theoretical numbers
by that standard, nano does 7000 TPS

>>16624444
...and beta tends to become full release, given some time.

>>16624611
>This was written in 2018.
this was written in 2018. look at your calendar. :)

>> No.16624682

>>16624647
The STUPIDITY from you Nano IDIOTS. A guy said Nano had NEVER had issues in the past. I proved him wrong using historical facts and you idiot state:
>You're talking about news from 2018 dawg. We in 2020 now

What the hell is wrong with you Nano boiz? Are you all well below 80 in IQ?

>> No.16624685

>>16624657
>56 posts by this id
heavy bags huh

>> No.16624698
File: 121 KB, 1376x422, Pathological Nano Lies PayPal.png [View same] [iqdb] [saucenao] [google]
16624698

>>16624657
>Exchange issues != Nano issues
Node issues = Nano issues.

Why are you Nanoids always so stupid? Pic related.

>> No.16624703
File: 142 KB, 1280x720, 354.jpg [View same] [iqdb] [saucenao] [google]
16624703

>>16624670
Full plebbit spacing. Mental garbage and extremely low IQ. Bye.

>> No.16624721

>>16624685
the anti-nano guy (+bKSW1ir) has 106 posts :^)
if you also count the other threads of his that I know of 235

>>16624703
>no response (yet again), just namecalling
holy fuck
also, it's not even reddit spacing - that'd be if I separated every line with 1 blank line. you're just retarded.
why don't you go shill your MTV token instead of wasting your time here?

>> No.16624727
File: 119 KB, 1024x606, Coming Nano Disaster Part II.jpg [View same] [iqdb] [saucenao] [google]
16624727

Nano’s relationship with BitGrail, their main trading platform, was incestuous and dirty from the very beginning. However, after “Bomber”, CEO of BitGrail found out that his exchange had been hacked for 80% of their Nano assets in October 2017, close to 10% of total supply of Nano, the relationship between Nano devs and BitGrail became criminal.

BITGRAIL PROBLEMS KNOWN BY NANO DEV TEAM PRIOR TO BITGRAIL CRASH
>Insolvency of BitGrail and missing 10 million nano, discovered and made public by the Nano community [1][2]
>Missing transactions on BitGrail, discovered and made public by the Nano community [2][3]
>Single transactions replicated multiple times on BitGrail, discovered and made public by the Nano community [4][3][5][6].
>Millions of Nanos moving out from BitGrail, when the exchange was closed for withdrawals, discovered and made public by the Nano community [7].
>Withdrawals on BitGrail blocked for weeks due to alleged ‘maintenance’.
>Withdrawals on BitGrail blocked for weeks due to ‘KYC’ excuse [8] [9]. Hundreds of thousands remained unverified [10].
>Withdrawals on BitGrail blocked for weeks, due to alleged ‘pending withdrawals’, which were never processed [11].
>Nano withdrawals on BitGrail blocked for weeks due to node problems.
>Customer support ignores tickets - not just for days but for weeks [12]
>Bomber increasingly unhinged and psychotic. Insults his customers on social media for asking legitimate questions [12]. Nano community expressed concern to the Nano devs.

>> No.16624733

>>16624727

NANO DEVS ILLEGAL & UNETHICAL ACTIVITIES PRE-BITGRAIL CRASH (1 of 2)

>Accounts connected to Nano devs moving around millions of Nano, do arbitrage between exchanges. [13][7][14].
>Accounts connected to Nano devs moving around millions of Nano move assets to safety. Just one of these accounts handled 50million USD [13][7][14][15].
>Insider trading on BitGrail done via accounts connected to Nano Devs. Traded tens of millions of dollars [15].
>Nano dev team used incestuous relationship with Bomber to get instant KYC verification [16], impossible for standard Nano investors.
>Ordinary Nano investors accounts blocked from doing arbitrage, moving assets to safety or doing insider trading, unlike Nano dev team. Stuck with coming 80% loss [17].
>Zack Shapiro (Nano dev): Everything under control. Just too much work with KYC. Not insolvent. (statement made 4 days before BitGrail insolvent) [18].
>Zack Shapiro: No reason to worry, BitGrail doing normal KYC, “scams don’t do that” [19]
>Zack Shapiro: “Yes, you can [trust BitGrail]. I talk to Bomber every day and he’s a good guy. We’ll get it all sorted next week. Just hang in there” [20] [21]
>Zack Shapiro: Confirms BitGrail is a serious business. “Opposite of an exit scam actually” [22]
>Zack Shapiro: BitGrail is “Legitimate. Complying with the laws of their contry” [23]
>Zack Shapiro: “Funds are safe on Bitgrail…Again, funds are safe” [24][25]
>Mica Busch (Nano dev): ‘‘funds are safe, [BitGrails] representative account does not show any suspicious activity’’ [26]
>Nano: “Be assured that your funds are safe” [27][28]

>> No.16624738

>>16624727

NANO DEVS ILLEGAL & UNETHICAL ACTIVITIES PRE-BITGRAIL CRASH (2 of 2)

>Person who discovered and exposed 50million USD account being connected to Nano Dev team, got later banned from Nano subreddit [13].
>Nano community member who discovered/reported that nearly all nano on BitGrail was missing, was forced to delete initial post titled; ‘10 Million XRB Possibly Missing XRB From BitGrail’ [2] and repost under different headline ‘I need some help with tracing funds’ [1].
>Nano team systematically deleted threads of investors’ concerns and the sharing of new information regarding BitGrail [4].
>Nano dev team confirmed knowing about all BitGrail problems, told investors to relax, and promised a thorough investigation [29][30][28]. ‘Developers are taking care of that’ [31].

>> No.16624747

>>16624727

NANO DEVS ILLEGAL & UNETHICAL ACTIVITIES POST-BIGRAIL CRASH

>Nano Dev team claimed to do all they could to investigate and find missing Nano. No update since. Nothing done. [32]
>Nano community did all the work, themselves researching/investigating. [33][34][35] [32][41].
>BitGrail victim group representative, Espen Enger met with Nano lawyer Josh Kleiman in Italy [36]. Details of the deal made with the Nano team is not made known to the BitGrail victims.
>After meeting between Enger and Kleiman all criticism of Nano Dev team became banned on BitGrail victim discord [37].
>Change in BitGrail victim group management. Protection of Nano Dev team and suddenly non BitGrail victims used as hostile mods on BitGrail victim group discord [38].
>Don’t be surprised if Enger gets millions, and/or cushy job at Nano when all this is over. As a big thank you from the shady Nano team.
>Multiple pending and coming lawsuits against Nano foundation and Nano team members. Outside the original BitGrail victim group, now Discord BitGrail/WebCoin Lawsuit [39][40].

>> No.16624754

>>16624727

Footnotes to the above Nano -BitGrail Crash (and Nano dev team involvement) –1 of 2

[1] https://archive.is/8mMEU
[2] https://archive.is/LUN33
[3] https://archive.is/V30nG
[4] https://archive.is/pk03o
[5] https://prnt.sc/ilv1gl
[6] https://prnt.sc/ilv0p6
[7] https://archive.is/Wkgvn
[8] https://bitsonline.com/raiblocks-nano-bitgrail-epic-fail/
[9] https://archive.is/CKs1V
[10] https://imgur.com/a/rOn3Seb
[11] https://archive.is/RW944
[12] https://archive.is/DM6Nl
[13] https://archive.is/acLnr
[14] https://imgur.com/a/Owlui
[15] https://archive.is/pC3vC
[16] https://imgur.com/a/mJMhlx3
[17] http://archive.is/86eDr
[18] https://imgur.com/a/aFYpDyk
[19] https://imgur.com/a/KNg2src
[20] https://imgur.com/a/o8lIwDz

>> No.16624761

>>16624727

Footnotes – part 2 of 2

[21] https://imgur.com/a/urpgzwv
[22] https://imgur.com/a/G7fgqWV
[23] https://imgur.com/a/4YcVEji
[24] https://imgur.com/a/IWP2thd
[25] https://imgur.com/a/rFV6BJy
[26] https://archive.is/bfd0Y
[27] https://imgur.com/a/ql0cjLP
[28] https://archive.is/dykfh
[29] https://i.imgur.com/ddzQlVw.jpg
[30] https://i.imgur.com/7xwM1Lx.jpg
[31] https://i.imgur.com/e8n7fWo.jpg
[32] https://archive.is/lTCkP
[33] https://archive.is/o1BmU
[34] https://archive.is/8Md3N
[35] https://archive.is/f4Q8E
[36] https://youtu.be/40aufi9oJno?t=10m16s [Embed]
[37] https://imgur.com/a/gQmoQv0
[38] https://imgur.com/a/d8xG4QL
[39] https://archive.is/MbWv1
[40] Google: silvermillerlaw com 2018/04/2018-4-6-DE-1-CLASS-ACTION-COMPLAINT-1
[41] https://archive.is/0R8Qe

>> No.16624771
File: 454 KB, 2438x1690, Zack.Shapiro.Bomber is a good guy.jpg [View same] [iqdb] [saucenao] [google]
16624771

Nano Foundation admitted guilt. You will not see this on plebbit or hear it from the fraudulent Nano Foundation:

Brola’s lawsuit, filed in New York, was withdrawn last October after reaching a CONFIDENTIAL SETTLEMENT AGREEMENT
with Nano, says Silver.
https://decrypt.co/6396/nano-cryptocurrency-seeks-dismissal-170-million-rescue-fork-lawsuit

Plus ongoing lawsuit where judged overruled Nano:
https://casetext.com/case/fabian-v-lemahieu

>> No.16624772

>>16616779
Suddenly all of the nano plebbitors come out of the woodworks

>> No.16624777
File: 15 KB, 300x289, Zack Shapiro.jpg [View same] [iqdb] [saucenao] [google]
16624777

Hello there, I am Nano dev Zack Shapiro. Hope you Nano fans enjoyed me dumping my million heavy bags on your heads, while Nano was crashing, the very bags I got out from Bitgrail while you were stuck and tried to get your "KYC" from Bomber (lol). Take that as a lesson schmucks, don't listen to guys on the internet, like me, when doing financial decisions. Pic is me before you gave me my millions of $$. Aaaah, life is gooOOooOod. L'chaim!

>> No.16624783
File: 986 KB, 1440x1277, Shapiro Bitgrail not insolvent 4 Feb.png [View same] [iqdb] [saucenao] [google]
16624783

>>16624771
You can trust us Nano devs. lol. This is me tweeting 4 days before BitGrail exploded. Enough time for us Devs and our buddies to get all our own stuff out. We managed to move millions of our sexy Nannis out when BitGrail was down for "maintenance" and closed for you "normal" people, Bombers KYC bullshit, etc, i.e. idiots who are not insiders. Sucks to be you. lol. In addition I had to tweet like crazy to the small people, the ungrateful Nano "investors" that were pestering us all the time with their, *whiny voice* "I have 8.3 Nano and I am so worried Zack, please help me". Worst part living in America is dealing with white people. They will never be winners. And they lost. lol. Peace out to all fellow Naniites!

>> No.16624806
File: 137 KB, 1712x484, p49zMEo.png [View same] [iqdb] [saucenao] [google]
16624806

When Bitgrail was closed for retail investors, Nano devs and their friends could freely move their funds out, right before Bitgrail collapsed with a loss of over 170 million USD for the "little" people. Pic, is just one transaction, where devs and friends moved 1,5 million Nano, around 30 million USD at that time.

>> No.16624814
File: 49 KB, 512x512, Colin LeMahieu.jpg [View same] [iqdb] [saucenao] [google]
16624814

Nano and Bitgrail leaders scammed over $100 million from Bitgrail

While both Nano and Bitgrail leaders told nano investors that Bitgrail was safe and not compromised, http://archive.is/dOMVA, they themselves took all their assets, over $100 million, and moved it as fast as hell away from Bitgrail, hiding their assets, while telling everyone that Bitgrail was OK and perfectly safe. This is why neither Nano dev team, nor Bitgrail, have done any kind of investigation who stole the money, where are stolen Nanos now, where are the thief. Firstly they just don't care, they are now rich, secondly there is too much criminal activity from both sides that none of them want to be investigated and exposed. They prefer darkness, secrecy and that all their crimes will just fade away. This will not happen. Multiple lawsuits are pending and coming. Nano tech is flawed and does not function under pressure, http://archive.is/Vva8Z, Nano is Bitconnect 2.0

>> No.16624820
File: 177 KB, 1200x900, 43242343.jpg [View same] [iqdb] [saucenao] [google]
16624820

>>16624814
Colin dumped millions of xrb in May from private wallets when there was Nano Binance Competition (100kk+ USD VOL.)
He chose a good moment for send to Binance. Who gives a dam about Nano and Bitgrail's victims who suffered a stolen.
Guess they had some special developer donation account before actual one which exists now.
I'll explain you so maybe you'll figure out.

Old developer donation account:
https://www.nanode.co/account/xrb_3wm37qz19zhei7nzscjcopbrbnnachs4p1gnwo5oroi3qonw6inwgoeuufdp

The first address that recieved a nano from Old Developer Donation was this:
https://www.nanode.co/account/xrb_3pg6xswkroybxydyzaxybb1h531sx34omiu7an9t9jy19f9mca7a36s7by5e
(Colin's account)

https://www.nanode.co/account/xrb_3pg6xswkroybxydyzaxybb1h531sx34omiu7an9t9jy19f9mca7a36s7by5e
(Colin's account connected to the old developer donation account)

2. https://www.nanode.co/account/xrb_11iaqa1oppdxzawrbuzh4m5y78i9zngnhwp8urpup97fsf7k8e84gf61ei75
(Colin's private wallet)

3. https://www.nanode.co/account/xrb_31kxdcjafw5k5w4u3h9uo7yctkawcjkegnwaqjr1jqq3tanu8bp6m4obru7a
(Colin's private wallet)

2. and 3. are connected to the 1.

https://www.nanode.co/block/BE548A457F28A42119FB22373303690DAB5F40811E4E87643A15267827D6C138
This is the first transaction when old developer donation account sent to this account back in 2016.

Picture is from 02.12.2017
https://i.imgur.com/KEwsZsY.jpg

>> No.16624847
File: 151 KB, 559x747, George Coxon - Chief Operating Officer - Nano Foundation 10.jpg [View same] [iqdb] [saucenao] [google]
16624847

You have been scammed, Nano bagholders! Deal with it.

>> No.16624891
File: 123 KB, 719x785, George Coxon - Chief Operating Officer - Nano Foundation 7.jpg [View same] [iqdb] [saucenao] [google]
16624891

Colin user Nano Foundation assets to finance his lawsuit related to messy divorce, lawyer joking about him etc.
https://www.courtlistener.com/docket/15628531/nano-foundation-ltd-v-david-c-silver/

>> No.16624909

>>16624344
dev assraping with constant progress and node releases. sure Xd

>> No.16624938

>>16624820
>nanode.co
>nanode shut down a month ago
>anon has had this copypasta all typed out for a month now
>anon has been obsessed with shittalking nano for a month
anon, I...

>> No.16624964
File: 118 KB, 585x781, George Coxon - Chief Operating Officer - Nano Foundation 6.jpg [View same] [iqdb] [saucenao] [google]
16624964

>>16624909
>constant progress
OK, so you are far, far above the 7000 tps Colin lied about Dec. 2017, right? And you have tons of assets in Nano Foundation funds still, right? As Colin promised years ago. He didn't burn through the money like crazy, right? He only hired the most competent people for only strictly business reasons and to the best of Nano community, right?

>> No.16624980

>>16624891
>lawyer joking about him etc.
Kek info on this plz

>> No.16624984
File: 1009 KB, 1440x1098, Shapiro Bitgrail not a scam 30 Jan.png [View same] [iqdb] [saucenao] [google]
16624984

>>16624938
Lurk some more, newfag.

Dangerous flaws and major problems with Nano
http://archive.is/diUnZ

Nano Heading for Disaster – Dirty Deals with BitGrail
http://archive.is/GGWIG

Nano and Bitgrail leaders scammed over $100 million from Bitgrail
http://archive.is/zAtyl

>> No.16624994

>>16624980
Boring read, anon.
>https://www.courtlistener.com/docket/15628531/nano-foundation-ltd-v-david-c-silver/

>> No.16625265
File: 224 KB, 1088x612, Nano..jpg [View same] [iqdb] [saucenao] [google]
16625265

>>16616779
Nano bagholders and potential investors might want to have a look at this thread:
>>16596049

>> No.16625360
File: 32 KB, 375x250, 8E985972-63A6-47A9-A83B-270D5AAE8510.jpg [View same] [iqdb] [saucenao] [google]
16625360

>they still dont understand

>> No.16625540
File: 15 KB, 280x412, 1359074828344.jpg [View same] [iqdb] [saucenao] [google]
16625540

>129 posts by this ID

>> No.16625891
File: 64 KB, 593x798, George Coxon - Chief Operating Officer - Nano Foundation 9.jpg [View same] [iqdb] [saucenao] [google]
16625891

>>16616779
Do you super-cucked Nano "investors" and findom plebbit perverts 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.
https://www.reddit.com/r/nanocurrency/comments/e10hkd/nano_foundation_and_appia/

Pic for you feet guys, here you go, in luxery hotel suite, courtesy of Nano "investors" worldwide. At least third world Nano investors know where their money went. They can look at the pictures. That brings some comfort, right?

>> No.16625930

>>16625891
Actually that bathroom looks claustrophobic.

>> No.16626009

>>16616779
as a person who frequents this site for years

nano will explode because instead of letting this thread die these fkn idiots are mouthing off

>> No.16626054
File: 141 KB, 606x826, Zack.Shapiro.BitGrail not exit scamming..png [View same] [iqdb] [saucenao] [google]
16626054

>>16626009
Oh yes, Mr "person who frequents this site for years", if you were not a just a stupid plebbitor, you would have known that the information regarding Nano devs, tech, community and Bitgrail was dumped on biz summer 2018. Price was then 3,5. Not exactly "exploded", has it?

>> No.16626105
File: 902 KB, 3024x4032, 21BCA64A-E91C-4BB1-B9F8-E713D0AAB23B.jpg [View same] [iqdb] [saucenao] [google]
16626105

>>16625891
https://twitter.com/zeroabsolutes/status/1208492226038435840

>> No.16626214

>>16625891

No one cares. Nano is what Bitcoin should have been. Sorry you don't like the technology

No one cares about a 2 year old bank robbery either

>> No.16626622

Big list of other stress tests here:
https://forum.nano.org/t/nano-stress-tests-measuring-bps-cps-tps-in-the-real-world/436

>> No.16626628

300 posts and nobody has said the correct answer which is nano will never succeed because it has terrible distribution like almost all altcoins.

>> No.16626668
File: 98 KB, 700x737, Annotation 2019-12-18 13213.jpg [View same] [iqdb] [saucenao] [google]
16626668

>>16626622
Wow, beta and Nano scam coin can already do 10% of what the Nano claimed and blasted Nano 2 years ago. You can trust the Nano devs, lol. Scammers.

>> No.16626894

wow this thread is still going, jesus fuck

btw, dagfag has been at this since before summer. Might be closer to a year now, not sure.

>> No.16626928

>>16626894
Lurk more, newfag.

>> No.16627044

>>16626928
suck my dick I have been here since habbo hotel

>> No.16627083

>>16627044
>suck my dick
Back to /r/BiracialHardCoreAnalGayBoiPorn

>> No.16627129

>>16627083
whatever you say, fellow 4channer