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/biz/ - Business & Finance

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8899388 No.8899388 [Reply] [Original]

What the fuck is wrong with NANO, Steem, and BLZ? Why are these pieces of shit going down?

>> No.8899397

>>8899388
>he fell for the double spending coin

lmao you arent gonna make it

>> No.8899415

steem's gone well things considering...
you didn't need to follow nano down

>> No.8899440

>>8899388
I don't believe in nano, but biz HATES it.
You know what that means? Guaranteed moon mission. Wait for the peak of biz hatred and go all in.
Screencap this.

>> No.8899445

>>8899397

I'm just swing trading, these 3 are shitbags I got left with and I don't want to sell them at a loss.

>> No.8899469

>>8899440
/biz/ FUDs the shit out of Nano because a lot of us are deluded Nano bagholders who didn’t sell the top

>t. deluded Nano bagholder who didn’t sell the top

>> No.8899522

>>8899469

I remember it spiked after the rebranding but not much else has gone on with it. Can someone prove me wrong? Should I just sell this shit at a loss or hold for what could potentially be weeks? I don't want my capital tied up in a shitbag.

>> No.8899615

>>8899388
>What the fuck is wrong with NANO
Where have you been? It's been down for a month straight.

>> No.8899672

>>8899522
It'll start going up hard again when they get partnerships, but their team is more focused on improving nano so I think it'll be a while before a big pump again

>> No.8899860
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8899860

>>8899388

This painting

>> No.8899942
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8899942

>>8899397
nano? is that the new erc-20 new coins ?
>the worst erc-20 coins ever
>shitcoins

>> No.8899946

>>8899388
NANO is just breaking more exchanges as usual: >>8897809

>> No.8899961

>>8899388
Nano is fucking broken bud.

>> No.8900120

>>8899522
You’re gonna have to hold this for a year if you want to see profits bud. It’s nowhere near ready for a moonmission. Think of it like ETH in its early days - obvious value prop but buggy as shit with cultlike followers. However unlike ETH, it hasn’t had its DAO moment yet (though it did have a Gox moment with the BitGrail thing). Shit will be sub-$10 for months. Then maybe it’ll adjust to like $30 when it comes out the other side of this shitstorm.

>>8899672
Busy making the thing actually fucking work? Yes. With no promise of success, because the people who need to make it work (exchanges) have to be spoonfed like little children. Exchanges have only really implemented UTXO coins derived from BTC or account-based coins similar to ETH. They don’t understand the idempotency challenges with a DAG coin like Nano. So they struggle with their implementations and will continue to do so. Only guy who has his shit together is the Nanex guy, but his pajeet-tier exchange has no users.

>> No.8900141

>>8899388
NANO is a long term hold. Get out if you'd rather day trade.
And complaining about STEEM? STEEM has done pretty well especially this last week. Why didn't you sell?

>> No.8900162

>>8900120
dag coins still use utxo...

>> No.8900220

>>8899388
God I wish that were me

>> No.8900501

>>8900162
Not exactly with Nano. Right now, to calculate an address’s balance (for verification of transaction validity), you have to find the most recent send block and then add up the subsequent receive blocks in the account chain. Trivially this is an O(n) operation, and it necessitates a lot of caching overhead from the node because it would be insane to do this level of I/O all the time. It also absolutely assfucks light wallets, because they can’t prune the ledger as tightly as a pure UTXO model would allow (because they’re holding 1 send block + n receive blocks for every account).

Hence universal blocks - slightly bigger in size since they include more data (balance, rep, etc) so network propagation slows a bit, but lightwallet pruning gets much much better.