/biz/ - Business & Finance

[Anonymous No.22746386]

what the fuck is wrong with nano? why is the market completely abandoning it? I went all in on this.

[Anonymous No.22746415]

poop

[Anonymous No.22746433]

>>22746386
Fantastic tech. Everything people think bitcoin is (fast free Internet money).

But destroyed by the bitgrail hack.

[Anonymous No.22746569]

Nano fags ruined it by butting in everywhere to shill and by being insufferable in general

[Anonymous No.22746598]

>>22746386
it was over after the rebrand desu

[Anonymous No.22746606]

Wrong place, wrong time. Shhh...

[Anonymous No.22746650]

>>22746386
man, i love nano so much, almost as much as I love monero
i really don't know what the future holds..

[Anonymous No.22746675]

>>22746433
>But destroyed by the bitgrail hack.
"hack" ..the fucking Italian faggot realized this was his only shot at making it big in life and stole all the money, literally the most obvious thing
how did no one start an investigation

[Anonymous No.22746931]

>>22746386
NANO is almost anon
SUTER is almost trues

[Anonymous No.22747221]

>>22746433
>Fantastic tech
Are you insane? Only reason why you heard about Nano is that the scammer devs lied about 7000 tps late 2017 exactlly when both BTC and ETH struggled with the transaction demand. Reality for Nano was 85 tps. Now, two years later, they have problems with even 10% of the tps they lied about years ago. To hide it, they ramble on about CPS, confirmations per second, which is roughly twice as TPS.

[Anonymous No.22747351]

>>22746386
>Fantastic tech
Are you insane? Only reason why you heard about Nano is that the scammer devs lied about 7000 tps late 2017 exactlly when both BTC and ETH struggled with the transaction demand. Reality for Nano was 85 tps. Now, two years later, they have problems with even 10% of the tps they lied about years ago. To hide it, they ramble on about CPS, confirmations per second, which is roughly twice as TPS.

[Anonymous No.22747677]

>>22746433
>Fantastic tech
Are you insane? Only reason why you heard about Nano is that the scammer devs lied about 7000 tps late 2017 exactlly when both BTC and ETH struggled with the transaction demand. Reality for Nano was 85 tps. Now, two years later, they have problems with even 10% of the tps they lied about years ago. To hide it, they ramble on about CPS, confirmations per second, which is roughly twice as TPS.

[Anonymous No.22748380]

>>22746433
>>22747677
Promised 7 000 TPS and sad reality 75 tps.

That's just as tragic and scammy as promising investors a new car that will do 4 000 km/h,10x as fast as

Bugatti Veyron EB 16.4 408.47 km/h (253.81 mph)

And then only deliever an utter shit car that can hardly do a 45 km/h top speed. Yet you idiot call Nano's tech fantastic?

[Anonymous No.22748789]

>>22746386
To top multiple lawsuits against Nano, one of them has now turned into a class action lawsuit.
https://www.classaction.org/news/class-action-filed-against-nano-bitgrail-after-investors-lost-170-million-in-cryptocurrency

The judge just approved the class action lawsuit
More here:
https://drive.google.com/drive/folders/1hrIMFOMOA5gavZdi2wOsb11ZDQT6Plft

Hopefully Nano hodlers are OK with Nano founder Colin LeMahieu spending an insane amount of Nano Foundations money on his personal lawsuits involving his divorce, reputation etc.
https://dockets.justia.com/search?query=colin+lemahieu

Nano's serial scammer, Espen Enger, will also face multiple lawsuits.

[Anonymous No.22748845]

>>22746433
>destroyed by the bitgrail hack.
bitgrail hasn't done half the damage that leddit trannies have caused.

[Anonymous No.22748875]

Why would I use this instead of Algo which does the same thing except faster, cheaper, and has staking?

[Anonymous No.22748888]

IOTA will do everything better.

[Anonymous No.22748889]

>>22746386
Do you really want an answer?
I've been doing this for a while and I will help you if you are actually interested in listening.
Just an oldfag stopping by to see how the noobs are doing, I really don't give much of a fuck.

[Anonymous No.22748994]

>>22746386
Nano Foundation and Espen Enger have a very shady and dark history before Espen Enger decided to exit scam with the Bitgrail Victim's money:

>Nano's core dev Shapiro, despite knowing about Bitgrail's problems did multiple times publicly endorse Bitgrail and encouraged people to invest and convinced them to stay in, to not sell their Bitgrail.
>Tens of thousands of people who would have got out ended up loosing everything because of this.
>There were people who committed suicide as a consequence of this
>While key Nano dev Shapiro was telling concerned investors not to worry (as normal investors had their accounts and ability to withdraw frozen) the Nano devs and their friends were withdrawing and funneling out tens of millions of dollars, both before and after the "hack" was publicly known
>These are the people Espen Enger sold out to and banned Bitgrail victims from criticising.

Espen Enger
>Came out of nowhere and volunteered (as a Bitgrail victim) to represent the Bitgrail victims and retrieve their money and get justice from lazy Italian criminal scammer Francesco.
>Enger promised 100% transparency and to fight for the interests of the Bitgrail victims
>Very soon he had a meeting with Nano foundations lawyer - the outcome and contents of the meeting remain a secret to date.
>Soon after the meeting with Nano Foundation, he got non Bitgrail mods to monitor discord and ban/silence any actual Bitgrail victims who were critical of the Nano devs and the Nano team’s involvement
>Espen Enger said that he just "knew" that the Bitgrail victims had no legal case against Nano Foundation, so he decided to protect the Nano Foundation
>Nano foundation still won’t answer questions regarding (a) what the meeting with Espen Enger was about (b) how much money they paid him and (c) what happened to the money

[Anonymous No.22749222]

With recent projects like Fantom and Avax, it's over for Nano. Those new projects are almost as fast (fast enough to buy a coffee), have very, very low fees, have better security and have smart contracts so they can be integrated with an ecosystem.

[Anonymous No.22749241]

>>22749222
lol

[Anonymous No.22749819]

>>22746386
Diversity hire, Jews, identity politics, rabid support of #WomenInTech, satanists as community mods, ultraliberal politics from team, corruption with buying companies from team members, no transperancy etc.

[Anonymous No.22750062]

>>22749222

This. Nano shills are some of the most delusions fucktards as well.

>we gunn be a world currency

Hey Nanotard, you do know a stablecoin singlehadedly make your coin’s usecase moot right? Also what is volatility?

>ETH slow Nano Fast!

Fucking Nanobot, you do realize Eth is slow and expensive because of smart contracts and defi right? Can your useless coin support smart contracts let alone defi? KEK

>Muh CPS

Nobody gives a shit about your made up number, dumbfuck, go keep sucking Collin’s small dick instead

Sometimes I would visit Nano subplebbit just to remind myself not to be as delusional as those retards. Don’t marry your coin otherwise it’s gonna fuck you in the ass hard Nanotards.

[Anonymous No.22750428]

>>22748994
Based Nano autist.
But none of this shit matters, the tech is solid, but from a value proposition standpoint you can run a similar Nano network for like 300 bucks a month. So it is really not worth much.
You don't need mountains of autistic reasons to sell Nano, the tokenomics speak for themselves.

[Anonymous No.22751081]

>>22746386
>Espen Enger exit scammed with the Bitgrail victim fund money and no one knows anything about the 1 million Nano foundation gave him.
>According to former friend "OberstWeltMeister" in Nano Trade discord, former broke Espen Enger, after Bitgrail, had suddenly more than 100 BTC to daytrade with
>He is no longer active in the Bitgrail group
>Scammed his best friends for another 100 000 dollar
- New con job by Espen Enger
- https://www.reddit.com/r/nanocurrency/comments/hz8vq4/new_con_job_by_espen_enger/
- Of course the plebbit thread was deleted by the Nano mods, but only after a few days after the whole community saw it
>Now has gone underground and in hiding.


One /biz/ anon predicted this outcome two years ago:

>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

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

>Team NANO - Sex, Fraud, Corruption and Satanists
>>/biz/thread/16596049

[Anonymous No.22752135]

At least you Nano hodlers paid for #WomenInTech and diversity hires, and that's something...r..r..r.ight guys??

[Anonymous No.22752938]

Colin promised to have transparency and tell the community how much he paid for George Coxon, corruption around the Bitgrail scam (170 million USD lost), bribes to Espen Enger, private jets, lavish holidays, lawsuits regarding his divorce, reputation and anger management etc.

But..., of course he didn't. In true Nano community style, he decided to ban and delete comments instead:
https://www.reddit.com/r/nanocurrency/comments/is5jah/so_what_happened_to_appia/g581e46/?utm_source=reddit&utm_medium=web2x&context=3

[Anonymous No.22753239]

>>22748889
im interested
>>22748888
do they have a product yet? been out of the loop for a long time
>>22748875
do they have a product yet?
>>22749222
>Fantom and Avax
do they have a product yet?

I'm serious by the way not fudding or anything just asking because I want to know

[Anonymous No.22753295]

>>22748888
Checked. Truth.

[Anonymous No.22753314]

>>22753239
>do they have a product yet?
DYOR pussy

[Anonymous No.22753327]

>>22746433
Only tech illiterates think Nano is fantastic tech. That's the Nano target group.

[Anonymous No.22753454]

>>22753314
no, are you kidding

[Anonymous No.22753475]

If you really want a DAG shitcoin then just get fantom, same shit as nano but compatible with eth virtual machine. Literally no point to nano

[Anonymous No.22754099]

Bikini blogger and Nano COO George Coxon (No education or background in tech. No connections. No relevant background) showing off her assets and...ahem... qualifications...for the job.

#WomenInTech #Nano #ColinAgainstMisogyny #HeavyPlebbitCensorship #DiversityNanosStrength #BLM

[Anonymous No.22754296]

>>22746386
Unfortunately this was my darlin as well.. Made $1m paper on it, cashed out a great chunk almost at the exact top, but for the rest of my funds; buried with Bitgrail..

It's a great project, the wallets were slick, transaction speed was fast, clean.. The rela problem was Bitgrail and their node crashing all the time due to "bad implementation".

Would rather send NANO to this day than Bitcorn or Etherium.. Simply too slow and crazy fees.

But NANOs value will likely continue to fall and it wont really get the same traction again I think. Devs burned out as well and left... 2020 is a different year, more money in "DeFi", p2p lending, yield farming ,etc. This is were the craze is right now.

If you want to make money, trade the markets - don't marry a gem or keep your shit on shady exchanges - even if it's just to cash out before everything crumbles. These lessons cost me about a million US dollars to learn.

The sad truth is that you probably won't let it sink in and will likely make the same mistakes.

[Anonymous No.22754354]

Nano has the best tech for a use case nobody wants or needs. Merchants and banks will adopt stable coins for payments, not a volatile asset.

Who cares how fast it is when the next day it’s worth 80% of its value? Businesses can’t operate with that kind of uncertainty, especially when the margins are so low.

If nano was a stable coin it would be king right now. It would be at tethers spot. Instead it’s going to slide into oblivion.

[Anonymous No.22755043]

Not even core dev Zack Shapiro believes in Nano... Pic.

[Anonymous No.22755542]

IIRC founder thinks Bitcoin is a lot better, spent fat gains on cars and whores. He should really send his nano bagholders a thank you card or something.

[Anonymous No.22755728]

>>22746386
Personally I love nano, but the hype is gone. That is why I don't hold it. Simply not many care about nano anymore besides maybe Reddit. Even when the market was pumping and making insane gains Nano hardly moved. It's not dead, but in my opinion I don't think we will see the ridiculous gains that it saw last bull run.

[Anonymous No.22755802]

>>22746386
Iota has the connections, anon. It's not too late to disregard emotion.

[Anonymous No.22755999]

>>22746433
>Fantastic tech.
Nano bagholders will never face the reality will they?

[Anonymous No.22756468]

Deepa Mardolkar
>Incompetenet
>Diversity hire
>Pajeet
>Her linkedIn looks like a feminist blog, pic
When you thought Nano couldn't get any worse, they drop this on you..

[Anonymous No.22757148]

>One anon said this:
Nano's network literally does not work right now. They have delayed pushing epoch upgrade blocks because they have been disabled on so many exchanges.
Literally one dude with a mid range you can bring their entire network to it's knees right now by spamming.
They introduced a bug in v21.1 and if any account deadlocks the whole node does.

It is pretty basic in their pursuit of efficiency they mashed all the threads together which means if confirmations are behind on hundereds of thousands of blocks on one account they stop confirming for all accounts.
To spam hundereds of thousands of blocks takes a 200 dollar Nvidia card and a couple hours.
Some dude just optimized the opencl driver to for Blake2b so possibly a couple minutes.

The key takeaway is they have no anti spam measures in place the nodes never shit list another node (BTC did this shit back in like 2012). So one dude with a mid range GPU can totally cripple the whole network right now.
They guy who works on brainboocks white hatted and showed them this and they are not reacting properly.
Such a shitshow the NF has run a once promising project into the ground.

[Anonymous No.22757915]

>>22756468
I looked at her linkedin profile earlier. She's obviously a diversity hire and completely incompetent, all she has is slogans and empty words.
I've worked in large multinational corporations and it was always the same everywere, 8/10 times these people are mediocre at best, incompetent or a liability at worst,... definitely not the best.

All she's doing is pushing 'women in tech', i.e. not getting the best for the job, and people wonder why the west is crashing.

[Anonymous No.22758206]

poast more coxons

[Anonymous No.22758533]

>>22758206
Freeeeeedoooooom!!

[Anonymous No.22758617]

>>22758206

[Anonymous No.22758706]

>>22746650
nice animal crossing pic

[Anonymous No.22758719]

>>22758206

[Anonymous No.22758928]

>>22758533
>>22758617
>>22758719

It's not fair bros

[Anonymous No.22758930]

At least you Nano hodlers paid for some social impact for women, and that's something...r..r..r.ight guys??

[Anonymous No.22759066]

>>22758928
She mentally castrated Colin and turned him into the eternal angry feminazi Nano cuck. That's just scary, bro.

[Anonymous No.22759362]

>>22758617
>fuck me
dont mind if i do

[Anonymous No.22760054]

>>22746386
Me too I have 6000 of them mostly bought around a dollar

[Anonymous No.22760138]

shouldve just bought iota kek. look how stable it is, low volume no1 is even selling