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File: 120 KB, 2000x1000, nano-2.png [View same] [iqdb] [saucenao] [google]
27232552 No.27232552 [Reply] [Original]

Redpill me on Nano

>> No.27232590

King of shitcoins

>> No.27232941

>>27232552
0 fees
0 security

>> No.27234658

>>27232941
any comfirmed security issues?

>> No.27234758

Simply put, the best pure store/transfer of value tech

- Instant transactions vs minutes/hours elsewhere
- Zero fees vs fees that render many other (popular) currencies unusable as transfers of value
- Little to no energy consumption vs Bitcoin which uses more energy than Denmark (incredibly important as the world focuses on energy efficiency)
- All coins already in existence, completely deflationary
- Nakamoto coefficient of 6, a measure of how decentralized a crypto is. More decentralized than Bitcoin and frankly the vast majority of cryptos out there, which has implications for both security and price
- Tech has been around for years and is still ahead of the game, the fundamental concept is superior to anything else out there for this use case

>> No.27234831

>>27234758
You got some sources for all those big boy statements?

>> No.27234864

Nano's technical fundamentals:

- Rhymes with Nandos

- No inflation

- No miners

- No block rewards

- No miner dumping

- Minimal operating costs

- ZERO fees

- [Fastest cryptocurrency](https://repnode.org/network/confirmation))

- Fully distributed

- [More decentralized than Bitcoin](https://nanocharts.info/p/01/vote-weight-distribution))

- No fees to leech value from transactions

- Still usable above >7 TPS

- Deterministic finality (vs Bitcoin's probabilistic finality)

- [>4,000,000x less power usage than BTC](https://isnanogreenyet.com/))

- Environmentally friendly: no externalities that someone else is paying for

- Asymmetric risk-reward ratio

- Low current market cap

- Usable as an method of exchange (i.e. directly spendable) - that means that early whales won't all have to "cash out" to take profits, they really could use it for goods/services directly

- SoV+MoE > SoV

>> No.27234885

An actually fast coin that doesn't cost anything to transfer.
In comparison, I've spent the last 7 hours trying to find a way to buy a certain ERCshitcoin without paying $75.

>> No.27234911

>>27234864
It's actually pretty based/slept on (mainly because their community are pretty irritating.

>> No.27234966

>>27234831
the source is the system already in use
was betting on roulette with nano, send 0,0004$ to bet with, took 1 second to transact with 0 fees

>> No.27234974

>>27234658

Nope. There was the Bitgrail hack which was a huge hit, but this had nothing to do with Nano itself - the exchange was hacked (the owner himself is currently accused by Italian authorities of doing this himself), and the "hackers" were able to withdraw the coins.

This actually affected other cryptos on Bitgrail at the time, it just happened around the time Nano was reaching ATH's and being one of the only 2 exchanges where Nano could be bought, the focus was on Nano.

System itself is highly secure, no hacks/security issues in its history as of today

>> No.27235384

>>27234831

Older review but still relevant: https://www.coinbureau.com/review/nano/

Trying to provide a third party POV above but I'd definitely recommending checking out Nano's site itself and reading the white paper for more details. Regarding the Nakamoto coefficient of 6, it reached this level in early January as adoption continues to grow.

I'd also recommend getting yourself a Natrium wallet on your phone and purchasing a few Nano, sending it around etc to get a feel for it yourself. When I withdraw Nano from Binance, it hits my phone before I even get the withdrawal confirmation from Binance itself. And that's with the wait for Binance to actually initiate the transaction - if I were to send you Nano you'd receive it within a second.

To the person who mentioned the community being irritating - 1000% agree. I've been in Nano since 2017 and the tech is incredible but the community is fucking annoying. By community I'm talking strictly about the fanboys - the team itself is very good.

Oh one other thing - it's massively divisible, so as market cap grows it can still be used down to many decimals places, obviously important for adoption of a store/transfer of value use case.

>> No.27235509
File: 69 KB, 617x687, 1604350400445.jpg [View same] [iqdb] [saucenao] [google]
27235509

>>27232552
It's essentailly a proof of concept.
If you take it seriously you have a luke warm IQ, if you pretend to take it seriously so you can dump on the luke warm IQ's when they inevitably pump it then you're cool with me.
Other than being simple enough for idiots to pump it's useless and won't be around for too long.
Value is changing. We no longer need to come to a social consensus that something unnecessary is valuable just to keep the world in orbit.
When everything can be tokenized on a network and traded directly on that network then why would there be any need for another payment solution, aside from the native token of that network?
Nano cannot transact data and for that reason it's the fisher price of crypto.
IOTA is by far the superior DAG.

>> No.27235514
File: 275 KB, 823x579, keko.png [View same] [iqdb] [saucenao] [google]
27235514

>>27232552

>> No.27235567

>>27234864
>No miners
Centralized piece of shit.

>> No.27235681

>>27235567

See Nakamoto coefficient above. It's more decentralized than most cryptos out there.

>> No.27235732
File: 1.54 MB, 2560x1440, NANO.png [View same] [iqdb] [saucenao] [google]
27235732

>>27235514
>>27235509
>IOTA is by far the superior DAG.
IOTA is trash that loses your money: https://www.youtube.com/watch?v=h6C5DJGg4Lg

>> No.27235810

>>27235509

It's been interesting to see crypto evolve over the past few years around this point. At the end of the day anyone who's curious about Nano should just ask themselves if they see a place for a pure crypto currency, as a means to store/transfer value universally. If yes, then this is the best tech for that. If no, then definitely go with something outside of this use case.

>> No.27235867

>>27235681
All DAGs are centralized trash faggots. If it's so good, why isn't it on every exchange?

>> No.27235911

Oh and to add to the above - I'm sure stable coins will get pretty good at exactly this and be eventually widely adopted. But that's just bringing the tech to fiat, which is a broken system, so it's not comparable due to the effects of inflation and government control as 2020 has made clear.

>> No.27235977

IOTA is the future you retards. It is not a coin for people but for machines AKA IOT.
Long term 200+IQ investment.

>> No.27236042

>>27235732
Short term yes definitly.
But mid to long term, IOTA is seeing huge adoption already, over 120 people work at the IF and it's releasing chrysalis next month and coordicide in Q3. This is infrastructure that the machine economy will be built on and i can't see a competitor for the synthetic economy either.
It is the most undervalued crypto right now and at the end of the year will be the best tech in the whole crypto sphere without argument.

>> No.27236208
File: 71 KB, 1024x957, huh.jpg [View same] [iqdb] [saucenao] [google]
27236208

>>27235514
Lol swiss knife VS guy with boxes full of lube.

>> No.27236221

IOTA hodler since 2017 here. I never see any topic on it. I think it's the most undervalued crypto by far.

>> No.27236300

>>27236221
same here
everyone shilling IOTA in this thread are fucking retarded
I've been holding bags since early 2018 and I'm still poor

>> No.27236359

>>27232552
>iota
centralized piece of shit nice try tho

>> No.27236420

>>27235867

No clue why it isn't on Coinbase, but Binance, Kraken, Okex, Kucoin, Huobi are all top exchanges that offers Nano.

It's only Coinbase and Bithumb out of the top 5 exchanges that don't currently offer it.

And re: DAGs, I'll read into it more but Nano right now is one of the most decentralized major currencies. That's a fact.

>> No.27236459

>>27236300
You should have bought LINK instead, kek.

>> No.27236543
File: 311 KB, 805x566, 1610228950110.png [View same] [iqdb] [saucenao] [google]
27236543

>>27235514

lol you changed the pic because Iota didn't look so good.

>> No.27236604
File: 1.38 MB, 1242x1509, 564EB7BE-6DF4-442D-A8A3-135F0BD916FE.jpg [View same] [iqdb] [saucenao] [google]
27236604

it ain’t no scam like pic related. that’s all you need to know.

>> No.27236636

>>27236359
Coordice testnet already running which you can use.
Implemented with smart contracts and sharding in Q3.
It's the best risk/reward in crypto by a long way.

>> No.27236684

>>27236459

I almost bought $5k LINK at like 17c years ago, and didn't solely because Sergey was always wearing the same shirt

Then I put that money into SQ at $19 and sold at $24 lmao

>> No.27236687

>>27236636
Coordicide*

>> No.27236691

>>27235732
> Richard Heart
lol

>> No.27236771

>>27236691
Yeah, he's quite a controversial figure but he isn't wrong on that one.

>> No.27236800

>>27234864
>Rhymes with nandos
Bearish as fuck

>> No.27237158

>>27232552
if you need to be redpilled on a crypto that is feeless, instant, more energy efficient, and more decentralized than btc, i have bad news for you anon

>> No.27237409

>>27232552
There's a reason why it isn't being pushed like LINK and GRT. When the normies finally notice this "Hidden God"(for my gematriafags out there) it will be will over $500. It has to be done this way to stop certain bloodlines from obtaining generational wealth.

>> No.27237669

>>27237409

In all seriousness this is basically the short term bull case. There isn't a crypto on the market that is simultaneously so attractive to normies (literal cryptocurrency) and so undervalued.

Can you imagine as regular people flow into alts like 2017/18, what they will do seeing and immediately understanding Nano vs complex defi or overly technical blockchain use cases AND seeing a chart that says 'this was worth $37 3 years ago').

I've been in it for years and will likely stay in for the long haul because the tech is so good, but it's a magnet for bull market normie euphoria.

>> No.27237764

>>27232552
Jesus.. another nano-shill thread. This coin will never go above $4-5. It's a useless, ancient-tech scam coin. Look into its history and ask yourselves why it's not on every major exchange.

>> No.27237849

>>27237158
Btc has a social agreement that it is a store of value (to an extent).
NANO is a payment solution, it has nothing that will support its price.
There is a new paradigm of exchange happening.
Feeless exchange of useless tokens is already usurped by the fee'd exchange of assests, so when IOTA implements coordicide in Q3 there will be feeless asset exchange and NANO will be lucky to be worthless.

>> No.27238129

>>27237849
btc is only considered muh store of value because it fails at being a currency (what it was designed to be)
the rest of your comment is gibberish, have fun waiting for cOoRdIcIdE which they are promising since forever and never delivering

>> No.27238401

>>27237764

No shill: curious what issues you see in its history?

>> No.27239256

>>27238129
Just because you don't understand it doesn't make it gibberish.
When assests are tokenized anything can be traded for anything on the network. So lets say one company will exchange some data in exchange for use of a delivery. There is no need for a middle man payment service (which nano can only ever be because it cannot transact data) that will be nothing but an inconvenience. All discrepancies of value can be filled using the IOTA token within the same transaction.
Do you understand now?

>> No.27239300

>>27238129
Also, added to my screen shot collection of people who will be crying when coordicide is released.

>> No.27239481

>>27235732
He didn't do his research, assumed IOTA was just like blockchain, lost money, seethed.
He's an idiot. And although IOTA did have a shaky start back in 2017, they are WAY farther ahead now. Nano is an utter shitcoin compared to IOTA. It's not even close.

>> No.27239505

>>27239256
>>27239300
>thinks the IOTA token will be used to "fill discrepancies of value" on a tokenized asset network
>keeps screenshot collection of ANONYMOUS posts
take ur meds schizo

>> No.27239619

This thread stinks of faggots, trannies and curry

>> No.27239663

>>27239481
>way farther ahead
>literally still centralized and not working
lmao IOTA fags really are something else

>> No.27240122

>>27239505
Are you a pure cretin?
When assest and data are exchanged but say someone wants a bit more than just the data for their service then surely an amount of value can be sent throught the transaction using the native token.
Why is that so hard for you to understand?
This is why you like nano, you don't really understand much.
Also, taking screen shots of fudders for the eventual dabbing i will get to do is not schizo, it's completely G.

>> No.27240174

>>27239663
Decentralized test net is working perfectly.

>> No.27240287

>>27240122
>>27240174
>keeps buying a decentralized test net token
>everyone else is a cretin

>> No.27240352

>>27232552
It’s got good tech and would make the perfect crypto for payments, transferring between exchanges, and a store of value if retards would just adopt it for payments and list it on their exchanges instead of Grandpacoin and Litecoin.

>> No.27240512
File: 85 KB, 458x358, AB6A5120-52EA-4A6E-83F7-9217BC33B343.jpg [View same] [iqdb] [saucenao] [google]
27240512

>>27232552
actual cryptoCURRENCY
>pic related from BTC genesis block
NO MATTER HOW MUCH THEY WANT TO DISTRACT YOU FROM THIS, NEVER FORGET WHY BITCOIN WAS INVENTED - CENTRAL BANKS CANNOT BE TRUSTED TO MAKE SOUND MONETARY POLICY.
sadly, BTC was co-opted by these people to prevent it from realizing its full potential. NANO was created to deliver on this original intent and it does it better than any coin and works right now.

>> No.27240625
File: 183 KB, 1920x864, ph_15768408645dfcaea032684.jpg [View same] [iqdb] [saucenao] [google]
27240625

>>27240287
>can't refute any of the reasons i have proven how nano is a useless childs toy of the DAG ecosystem.
>can't deny any of the use case claims i have made about IOTA
>doubles down on coordicide fud even though he has no understanding of it.

Shut up bitch, i'm comfy over here.

>> No.27240696

>>27232552
Actual piece of shit but it has a big reddit community who will shill it to the normies so it will moon. Not going to stick around though, many other coins do what it wants to do and more e.g. FTM no adoption on a coin like Nano = death

>> No.27241097

>>27240625
refute this: Nano works in the real world, right now, IOTA doesn't

>> No.27241140

fools on you, I'm out that trash
Don’t believe such projects can give you anything except poor wallet
I better will listen to my bro and participate in Cascade on BASE protocol
best overall volume on uniswap exchange and top benefits among other projects for last months

>> No.27241381
File: 38 KB, 339x500, 91E6F098-598A-4FA5-909A-F9D24D2E2CB6.jpg [View same] [iqdb] [saucenao] [google]
27241381

ignore the brainlets shilling other projects. they, like all retards, think complicated = superior. it's is classic brainlet cope. genius is simplicity and NANO is the easiest to understand and its goal is simple = be the best p2p value transfer protocol in existence. let them chase meme pumps, buzzwords, and promises of future development. it's all bulllshit. protip: i'd billionaires are shilling a coin, they're not doing it to help you. they're doing it to prevent you from understanding why censorship-resistant money is all that matters.
WAKE THE FUCK UP
stop trying to get billionaires and celebrities to endorse NANO. IT WILL NEVER HAPPEN. why would they endorse something that makes the system, in which they are highly successful, obsolete? answer those people who have actual questions and be kind to uneducated users. they will know eventually. pic related

>> No.27241545

>>27241097
IOTA works right now and can do much more right now than nano is ever capable of including the digital recording of covid tests in Germanys 4 major airports.
Also IOTA 1.5 releases in 4-6 weeks, production ready product, product, partnerships and exchanges.
Fuck nano.

>> No.27241603
File: 155 KB, 620x627, E0EBBF53-2007-4EEA-8C25-D84DE0D70161.jpg [View same] [iqdb] [saucenao] [google]
27241603

NANO IS INEVITABLE

>> No.27241784

>>27241545
you can foam at your mouth all you want, it doesn't "work right now". it's centralized

>> No.27241924

>>27240512
Yeah, but the question is are people to big of faggots to not buy? It seems like yes at this point, and I don't see any development coming down the line to change that.

>> No.27242366

big exchanges in the US don't even list NANO. brian armstrong had a massive twitter thread about a year ago. it was talking about the tendency for technology to trend towards faster and cheaper. the example he used was communications and how people used to write letters , then made phone calls, now texting. armstrong has since deleted the entire thread and coinbase still doesn't list NANO. it makes all the crap on his platform obsolete. the fucking twins had 1% of all bitcoin. do you think they'll list NANO and possibly affect their bags? come on, stop being naive. these people are disingenuous assholes and all their GME support and being "for the people" is more bullshit that brainlets eat up. stop listening to what they say and see what they do. if RH fucking its users over to help their cronies didn't wake you up, nothing will. crypto exchanges are no different - how many people were locked out of their accounts during the latest meme pump? stop wasting time begging these assholes to list, instead call them out for not listing it. screw optics, this is a battle for your mind, they know it, you don't.
WAKE UP

>> No.27242537

>>27241924
>100th monkey affect
look it up
if we focus on people who have an interest, then all will eventually know.

>> No.27242580

>>27241784
Does your carer know you're on 4chan?
IOTA works right now. The decentralized testnet is working right now and will be implemented this year.
Even centealized it has more adoption than your precious visa coin kek.

>> No.27242895
File: 82 KB, 640x617, 19E4A0D9-0CC7-4BA6-8474-3147EFFB1F47.jpg [View same] [iqdb] [saucenao] [google]
27242895

>>27242366
>pic related

>> No.27243465
File: 279 KB, 750x661, 2579E87F-C64B-4697-A08C-09173EF158E8.jpg [View same] [iqdb] [saucenao] [google]
27243465

>>27234911
>>27234966
checked
NANO is supremely based

>> No.27243567

>>27235911
>911
checked and kekd

>> No.27243606

>>27232552
Nano is the final form of ponzicoins.
>>27234864
>No inflation
Deflationary crypto are more attractive as a store of value.
>No miners
Only old boomer shitcoins have them.
>Minimal operating costs
Operating a node cost money which isn't sustainable in the long term. The whole point of crypto is to trust game theory, not people.
>Fastest cryptocurrency
Stress tests show remote peak TPS as 306 TPS https://medium.com/@bnp117/stress-testing-the-raiblocks-network-part-ii-def83653b21f (x10 slower than Avax (single subnet) which only require a logarithmic number of network participants in validation.)
>Fully distributed
Since there is no insensitive to run a node, attackers are more likely to run them that honest users. If the foundation's big bags goes offline, their voting power will not be there to defend against double spent anymore.
>More decentralized than Bitcoin
>4,000,000x less power usage than BTC
Who cares? Bitcoin is the mother of all shitcoins.
>No fees to leech value from transactions
Network security and smart-contract features are valuable. Most of the interesting coins have negligible fees anyway.
>Deterministic finality
Deterministic double spent.
>Low current market cap
FOMO ponzi argument.
>Usable as an method of exchange
Not having any utility make it an insecure store of value where the economy is heavily influenced by meme pump-and-dumb, and never able to find a stability at any price.

>> No.27243673

>>27242580
>IOTA works right now. The decentralized testnet is working right now
imagine being this dense

>> No.27243764

>>27243606
>cryptoCURRENCY has no use
>t. wall st
>t. FED
>t. hedge funds
>t. world bank
>t. IMF
>t. miners
>t. billionaires
>t. retards
>t. faggots

>> No.27243914
File: 210 KB, 750x1156, C6471E44-8F85-4331-9472-3B27DA6D78DE.jpg [View same] [iqdb] [saucenao] [google]
27243914

>mushroom stamp

>> No.27244338

>>27243764
People would rather pay (VISA or smart-contract based) fees for reversible transactions, network security and innovating interactions than just having money for the sake of money, because that's what make their life safe and interesting.
Having no transactions fees and dynamic pow difficulty means that Nano can not scale to billions of user without requiring them to have an increasingly expensive amount of computing power so their tx are confirmed in a reasonable amount of time. Not to mention, the node operators would be required to have dedicated data-centers with high bandwidth throughput and huge data-storage, with no economical benefits whatsoever. This is only sustainable as long as the price of Nano goes up, hence, this crypto is the ultimate Ponzi scheme.

>> No.27244640

Remember how GME was shit upon for months and months before its price blew up? NANO will have its day at some point. It sitting at Rank 72 shows that it holding stable. It just needs one catalyst for it to explode in price.

>> No.27244858

ITT: bagholding plebbitors shilling each other

Nano is garbage and can't even scale. The idea of getting everyone to agree on a single currency (that they have to buy from plebbit at a huge markup) is just FUCKING RETARDED. This coin is for midwits who think they are smart but inevitably end up as bagholders who think they are ahead of the curve.

That being said it is an excellent pump and dump. The community has super strong hands and unironically believe in it. They even spend their own money to shill it to the public in extremely gay and tryhard ways.

After Defi gets repriced another 10x again I am going to put $100k into nano and dump all over retail faces in the run up. I haven't used a centralized exchange in over a year so I'm not looking forward to that but this is one of THE best ponzis out there. Easy 100x potential.

>> No.27245263
File: 13 KB, 200x313, F9F29FC3-7F71-4DE0-B9FE-9A1C00963186.jpg [View same] [iqdb] [saucenao] [google]
27245263

>>27244338
>visa is censorship-resistant and p2p
think outside of their rigged system if you want to make it. you cannot win their rigged game. people are beginning to notice this.
NANO IS INEVITABLE

>> No.27245280

>>27232552
Scam

>> No.27245408
File: 98 KB, 1280x800, 871F9D1E-12FD-4023-A9AB-B3AEDE6AA0D5.jpg [View same] [iqdb] [saucenao] [google]
27245408

>> No.27245583

One of my favorites out of 50+ assets I've used

>> No.27246307

>>27245408
Damn, source on this?

>> No.27246638
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27246638

>>27246307
1/2
this is the quote from previous image. next image will show to what he is referring

>> No.27246704
File: 425 KB, 750x748, 70D28958-1379-4576-AF71-8E06FFD2463A.jpg [View same] [iqdb] [saucenao] [google]
27246704

>>27246307
2/2
give me a minute for links

>> No.27246793

PAYMENT COINS ARE U S E L E S S

>> No.27246808

>>27246307
sauce
https://bitcointalk.org/index.php?topic=423.msg3819#msg3819

>> No.27246898

>>27246793
fuck off retard
i'm not a bot you faggot
see >>27243764

>> No.27247205
File: 1010 KB, 1000x1000, 4899d12527a85a464cab3215a4675dad.png [View same] [iqdb] [saucenao] [google]
27247205

>>27245263
>n-.. noo... you evil fee vampires... s-stop stealing my 0.0000000001 cents! everything is rigged against the good guys (us) again.
Being feeless is an illusion when your currency has no utility whatsoever, since you will lose some of your money when switching back and forth on contract platforms with daily usages. Not to mention the time you will have to waste watching the price and shilling the currency to avoid losing your bag.

>> No.27247320
File: 125 KB, 782x766, 113288B6-B017-4577-95F9-782869F066FA.jpg [View same] [iqdb] [saucenao] [google]
27247320

>>27247205
keep shilling for the establishment. your arguments carry no weight because they protect a fraudulent system.

>> No.27247654

>>27246638
>>27246704
>>27246808
Based as fuck, thanks anon

>> No.27247908

>>27247320
>keep shilling for the establishment
That's the entire problem with your mindset. You have no argument, not a single one, other than "your evil" and "your against me because you fucking love money so much! owo". The subreddit of this coin is filled with that kind of tiresome parroting. I don't work for anyone and I'm just some random anon. I'm open-minded to the idea I'm wrong and would actually appreciate it if you showed that to me.

>> No.27247946

to any NANO twitter posters itt, please stop using the phrase NANO FIXES THIS. it is true, however, if you're trying to convince people of something, telling them they made an incorrect decision is an ineffective way of doing so. instead say NANO IS INEVITABLE. it doesn't shit on them personally for being retarded. and it is correct, that people will inevitably move to the fastest and least expensive technology. it is a forward thinking retort instead of blaming past mistakes. if they're not retarded it will spur their curiosity. everyone likes being part of something new, very few like being told/reminded of mistakes.

>> No.27248093

>>27247654
you're welcome fren
>>27247908
i've made my point itt. it's much simpler than you're making it out to be. read all my posts. i can only explain it, i can't understand it for you. be well anon.

>> No.27248138
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27248138

>>27247908
>>27247946
I like NANO a lot, it seems really solid, but the holders and the twitter are fucking annoying, it puts me off buying more.

>> No.27248372

>>27232552
nano is a massive piece of shit fucking coin that redditors pushed and then it all crashed to the fucking ground because some exchange and/or nano got hacked. I am not kidding when I say I lost 6 figures USD on this piece of shit coin. I purchased at 25$ and sold at fucking 50 cents. All of this being said, I am sure this piece of shit coin will pump to the 100USD mark soon. It was always meant to be up there. It is great technology.

>> No.27248414

>>27248138
i understand what you mean. they're excited because people are beginning to pay attention, but they're going about it in a counter-intuitive way. they're not wrong, just ineffective imo.

>> No.27248470

>>27234758
>>27234831
this is all proven just by how well banano works to be honest. the dev community for banano has literally kept nano alive.

>> No.27248514

>>27232552
The highest tier of plebbit shitcoins

>> No.27248586

>>27243673
>not understanding that the main net is not the test net.
Imagine being emotionally attached to your DOA payment solution so you pathetically attempt to FUD superior systems.
>nooooooo the ford will not replace the horse and cart! Have you not seen the new leather seated cart!? Pathetic idiots think anyone would buy a car when there are leather seated carts!

>> No.27248699

>>27248372
>NANO is a shitcoin because i fucked up and didn't hold my keys
crypto is unforgiving and for those who have the intestinal fortitude to be their own bank. i'm sorry you had to learn this lesson in a very difficult way, but don't run from it. you are still early. hell, i lost money in crypto in 2013 and i thought i'd missed out. there is still time for you to recoup, and i genuinely wish that for you anon.

>> No.27249297

>>27248699
>crypto is unforgiving
It's delusional to think this kind of outcomes will propagate into normie adoption. Do you really believe people enjoy losing their life savings or vital organization accounts because of simple unforgivable mistakes? Smart-contract based banks, insurance and transaction reversibility are absolutely required for the average users.

>> No.27249331

>>27248138
to add; not buying something because the way other users act is cringe to you will prevent you from making it. and i'm not talking about only NANO here, but in life. there will always be people, no matter what group/cause/investment that will be embarrassing. that is their problem. find out what you believe in and stand for it, optics be damned.

>> No.27249648

>>27249297
you and i disagree on this point. if crypto UX is simple enough for a user to be their own bank, then they will do it if they understand the benefits outweigh the drawbacks. generating paper wallets on air-gapped machines is too difficult for most. downloading an app and writing down some words isn't.
censorship-resistant money isn't something the majority of people began to realize is important until recent events. patience is required for the long game.

>> No.27250134

So many people hate Nano for stupid reason. Got burnt by buying it at $30? Shitcoin. Reddit likes it? Shitcoin. Shills on Twitter are annoying? Shitcoin.

It makes no sense. It's a coin with very good fundamentals and the software and ecosystem is magnitudes better than it was during the 2017/2018 run, as they've continued to develop it actively through the bear market. It's clearly gaining momentum again too, so it seems like a no-brainer to at least consider buying some and not discard it blindly because of nonsensical reasons.

>> No.27250705
File: 110 KB, 750x291, F41DD52F-ED49-4A05-8D47-3A75A17FFA57.jpg [View same] [iqdb] [saucenao] [google]
27250705

>>27250134
anon gets it.
i have to step away, lads. do not get sucked into the same old shill arguments, it's a tactic to distract from the message of censorship-resistant p2p value transfer. that is the only reason cryptocurrency was invented. any other "use-case" is either trying to maintain the legacy system of middlemen with a crypto/digital equivalent. people are slowly realizing their power as individuals and moving away from an "authority" to protect them. it's a fear-based mechanism to keep you locked in the old ways. take control of yourself back from those who have no interest in your plight.
never forget
http://p2pfoundation.ning.com/m/discussion?id=2003008%3ATopic%3A9402

>> No.27250948

>>27249648
>you and i disagree on this point
You don't understand the contradictory beliefs you need to hold on in order to fall into the nano trap. The thing is: you want Nano to be adopted so you could use (a.k.a dump) your bag, but at the same time, you don't want to accept the fact a system that can't evolve, can't support algorithmic stable-coins and tokens, can't scale or can't reward good behaviors (of voting and hosting network nodes), will never be adopted. As I said earlier, anyone who use nano will have to trade it back and forth on centralized exchanges to actually useful digital currencies (since nano do not support DEX) which defeat the whole point of being feeless in the first place.
But yes, nano will definitely grow for many more years, so if you're only interested in money then sure you can buy it. Though other meme coins such as Doge have superior mooning potentials.

>> No.27251131
File: 78 KB, 1024x978, AF5EA706-FA1D-47EE-8322-D1B754BE982F.jpg [View same] [iqdb] [saucenao] [google]
27251131

>>27250705
>any other "use-case" is either trying to maintain the legacy system of middlemen with a crypto/digital equivalent,
a meme which is fun (but ultimately useless) or an outright scam. this tactic is known as well poisoning and it is effective for distracting. stay focused.
good day gents

>> No.27251246

>>27250948
>ou don't want to accept the fact a system that can't evolve, can't support algorithmic stable-coins and tokens, can't scale or can't reward good behaviors (of voting and hosting network nodes), will never be adopted
Bitcoin doesn't scale, it doesht have stable coins and tokens and still its thebiggest one, your argumetns suck.

>> No.27251260
File: 107 KB, 1058x904, 1A5C0FED-5E6A-4800-8665-04CD4E5F8F29.jpg [View same] [iqdb] [saucenao] [google]
27251260

>>27250948
wrong. funny how no one mentions pic related anymore in the BTC community.
later frens

>> No.27251293

>>27232552
>fast
>feeless
>useless

>> No.27251353

>>27243606
I've been trying to tell these cunts this for the past week and got banned from all their neurodegenerative communities

DOGE TO A DOLAR & NANO TO FLIP BTC LETS GO BROS HOLD The LINE WITH DIAMOND haNds WAHOOOOO

>> No.27251793

>>27247205
Feeless Robinhood worked well for them didn't it.

Listen up low IQ wsb nanobots: transaction fees are the price of an open and free network and a requirement for cryptographic-economic security.

>> No.27252210

How dumb you should be to believe this shit coin has any future or real use case. Everyone who shills this is to dump his bags on faggots.

>muh feeless, muh instant
None of the nano baholders use this for anything, why are you fucking HOLDING this shit if its use case is to transfer fast and feeless and using it as a currency? Are you paying your groceries with this? Are you buying new tech with this? No. First because you can't, second even if you could you wouldn't do it in hopes of it MOONS defeating all the purposes of this shitcoin.

When you ask them who will pay for the nodes if there were billions of transactions
>Merchants to avoid 1% fees on VISA
sure nigger, GTFO

>> No.27252511

>also muh green
Do you fucking don't know about ITER? We will have literally UNLIMITED GREEN ENERGY in 10-20 years. What a problem to waste some of this unlimited energy mining actual real use case coins.

>> No.27252848

>>27235732
>two scammers
not going to listen to them, I'll watch it on 2x
but im not going to listen
t. hates iota

>> No.27252882

BANANO

>> No.27253116
File: 377 KB, 390x478, pzv2k8hp8xg41.png [View same] [iqdb] [saucenao] [google]
27253116

>>27235514
>>27235509

>> No.27253259

>>27235732
ened up watching on 3x because i value my time, but yeah if true, then iota is gay, same with all the other non-blockchain based crypto

also
him saying the project existing is bad for the crypto ecosystem IS FUCKING RICH coming from him
he should be unironically shot on the street for being such a hypocrite

>> No.27253371

>>27251246
>>27251260
Yes, nano is better than bitcoin, but it doesn't tell much. Nano will never be adopted for everyday usages like shopping groceries because algorithmic stable-coins will be much more appropriate for that. Then it doesn't work as digital gold because it doesn't have game theory incentivized long-term security.

>> No.27253397
File: 61 KB, 1183x998, gematrixnc.png [View same] [iqdb] [saucenao] [google]
27253397

>>27237409

>> No.27253765

Bump

Nano = fast and low fees

>> No.27253797

>>27253259
He's talking about IOTA in 2017 when it was in it's infancy. A lot of people lost money because they bought it, thought it was the same as other blockchains, and reused old addresses and shit. IOTA now is hardly even the same project they're so far ahead. Chrysalis and Coordicide will change everything.

>> No.27253805

>>27232552
Someone shilled it to me on the MDE subreddit back in the day when it was like $1 and then promptly shot up to $34 or something before crashing back to nothing. Should have taken the hint that this was someone bro-tier on what was still a niche sub rather than a standard Pajeet shill. Idk if I would have exited at the right time anyways.

>> No.27253846

>>27232552
Here's the real red pill on nano:
>Yeah we've all heard the fast and feeless points. Let's get those out of the way first. Simply put, they're true, anyone can go try this out for themselves if they have any doubt.
>But the real battle ground for deciding if you like this coin or not depends on your opinion for how the network confirms transactions: There are no miner organizations, and no mining rewards. The node you choose to "delegate" your nano stack to will precompute the necessary power for you to send a transaction to another address. And said node has to do this for any other addresses that have staked their nano to said node. So nano is like a staked PoW crypto. There are pros and cons, such as:
-Pro:
>No fear of any one miner organizations gaining too much power over the network
>No fear of miner organizations purposefully making network expensive for their own gain
>Keeps networth lighter and faster than more conventional networks
-Cons:
>No directly financial miner incentives to maintain network
>Any one node gaining over 51% of all stakeable nano could result in a 51% attack (it would be a financial and logistical
feat to accumulate this much nano)
>Spamming the network isn't that expensive (DPoW has been created to mitigate this)
>Ledger bloat if though spam attacks happen
This is my relatively unbiased opinion on nano right now. There's obviously more things to debate, but this is where my own personal reservations lie with nano. Overall I think it's solid and a step in the right direction for p2p cryptos. And for anyone that thinks the network is insecure, it's been up and running for 5(?) years now with no real issues besides the occasional spam attacks that knocks a few nodes offline. This results in nothing but an inconvenience to people running nodes, and the network has always sorted through the spam transactions without issue.

>> No.27253930

>>27253797
nice to hear, elaborate a bit more though

>> No.27254148

>reddit comes to /biz/
>nano threads start appearing
Don't buy their bags, shit is worthless

>> No.27254195

>>27253846
this sounds nice and all but the dev fud really fucked my opinions on this coin

>> No.27254387
File: 47 KB, 700x386, 1611778688212.png [View same] [iqdb] [saucenao] [google]
27254387

>>27232552
Here is the final redpill on NANO:

Colin, the creator, has stated that NANO is meant to be a low value stable coin.

Everything else is pajeet cope. But hey, do w.e you want niggers.

>> No.27254885
File: 134 KB, 1312x768, VN.png [View same] [iqdb] [saucenao] [google]
27254885

>>27254387
Vitalik also said he would fork ETH just to keep NANO off the network. Worst ERC-20 he has ever seen.

>> No.27255311
File: 8 KB, 187x218, nano cry.jpg [View same] [iqdb] [saucenao] [google]
27255311

>>27253846
>besides the occasional spam attacks that knocks a few nodes offline
DDOSing honest nodes is a possible attack for double spending. Then even with proper network blacklisting, nano is still vulnerable to Sybil spam attacks.
>>27254195
What have the devs done?

>> No.27256160
File: 50 KB, 828x448, FE8E7F73-9ACF-4099-9AE0-F391FBF9EE15.jpg [View same] [iqdb] [saucenao] [google]
27256160

All in desu. Wish me luck. Either I retire in my early 20's or kill myself soon

>> No.27257502

>>27256160
Literally my screenshot that you took from leddit. I've since added like another 180k to that stack, so the pic is outdated.

>> No.27257941
File: 1.76 MB, 332x338, 9F0CF621-320F-4F65-A5E5-5B66F21B8259.gif [View same] [iqdb] [saucenao] [google]
27257941

>>27253371
stable coins are pegged to the current scam system. it changes nothing. if you want to trust central authorities, please continue to do so. NANO is a new system, it is reasonable to assume most people, like yourself, will not understand yet. therefore, i'm not trying to convince you of anything, just don't bring retarded arguments to the discussion.
NANO IS INEVITABLE