You Were Warned, Nanoids.

[Anonymous No.11755237]

>Nano has 756 TPS [1][2]. VISA can handle over 56,000 TPS [3]. Competitors work on 1 million TPS solutions [4]. Nano’s aim to be global currency is either delusional or a fraud.
>7,000 TPS was falsely boosted and promoted, causing the Nano price to skyrocket 97.7x in December 2016 alone. Real transactions per second (TPS) for Nano, however, was a meagre and pathetic 100-200 TPS [5].
>Nano falsely claim theoretical unlimited scalability, only constrained by hardware and bandwidth limitation [6]. This is as absurd as claiming that a car has unlimited speed theoretically, and the goal is to drive so fast that the car escapes earth’s gravitational field and park on the moon. Nano’s technical updates don’t bring it closer to the goal. It’s like saying the improvements on the engine of the car has brought us closer to driving to the moon.
>Nano advocates like to use average demand as benchmark for needed TPS. This is false. Who will use a currency that will crash at every emergency, at Christmas and other holidays?
>Nano (Raiblocks) was a dead amateur coin, worth less than 10 cents less than a year ago, until it was discovered and pumped hard by Italian scammers. Only after the pump did Nano full time dev. This amateur project has had a full-time dev for less than a year, with a horrific team and management picked among incompetent friends and supporters.
>Lead devs are leaving Nano. Insiders obviously know Nano is riddled with terminal flaws and structural problems. Insiders obviously know Nano is riddled with terminal flaws and structural problems.
>Devs are dumping Nano on the market [7]. Insiders obviously know Nano is riddled with terminal flaws and structural problems.

[Anonymous No.11755264]

>>11755237
>Constant node issues. Withdrawals/deposits suspended on several exchanges due to security and stability issues, multiple times, every single month. All exchanges down not long time ago ago [8]. Kucoin recently [9]. Another failed update and node crash [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.
>One single miner can destroy the network via DDoS with 500 GPUs at no cost [13] [14]. A critical attack vector never seriously addressed by the Nano dev team. Having the problem highlighted to them, admitting to it, their response has been the usual -to promise and deflect -without providing any real technical solution. Nano is wide open for a massive spam attack crippling the network for a long time. This also scares the Coinbase experts; a total crash in Nano, via spam vulnerability and insane node issues, will reflect badly on Coinbase.
>Nano team seem like tech amateurs. Don’t understand the difference between Random (not cryptographically secure) and SecureRandom. Don’t even understand basic cryptography. A disaster in waiting.

[Anonymous No.11755266]

>>11755237
Downvoted and reported to the subreddit administrators

[Anonymous No.11755278]

You having a stroke? Pasting the same sentence three times over, you fucking retard.

[Anonymous No.11755285]

>>11755264
>Former head of engineering at Facebook, Bryan Veloso: Nano "just a hype...no real use case" [16]. Currently NANO is only processing 0.15 transactions per second. Transactions have gone down in the last months. Extreme low usage combined with a very speculative 90x pump in just one month, causing a flash crash, are all indicators of a coin with pure hype and speculation, without any real value. Bryan Veloso’s claim that Nano is just hype with no real use cases is validated by empirical data.
>Charlie Lee, creator of Litecoin: “Nano will have a hard time being decentralized... It won't be as uncensorable as Bitcoin or Litecoin” [17]. “Nano is not without faults...it has a LONG way to go” [18].
>Millions of USD sold from the Nano Developer Wallet lately, at extremely low prices. Not a good sign that devs are dumping Nano in a fire sale [15].
>Nano team marketing strategy is to have no marketing strategy.
>Nano team adoption strategy is to have no adoption strategy.
>Nano’s essentially following same strategy as Betamax vs VHS and HD vs BluRay.
>First coin on Amazon, eBay, etc. will be the global currency. Nano’s avoiding partnership. Nano’s publicly stated “strategy” is to not seek strategic partnership, basis being that USD has no partnership as a currency, so why should Nano have one. Ridiculous.
>Dev fund is dangerously low, they may burn through it in a matter of 1-3 years [15]. Also, multiple pending and coming lawsuits against the Nano foundation.
>100 addresses hold 65% of all 133 million Nano. Initial distribution to friends of developers, nontransparent distribution method. Who solved the captchas? Where is the audit? Extreme centralization that only got worse with BitGrail, where large holders of Nano (including devs/friends of devs) managed illegally and unethically to get out of the insolvent exchange, leaving normal investors behind to take an 80% loss.

[Anonymous No.11755308]

>>11755285
> 51.27% voting weight, held in 6 addresses, opens vulnerability to devastating 51% attacks.
>Flawed structure, currently insane 92% of the voting power in the top 1% of the nodes only [19].
>No smart contracts. Masternode coins utilizing high capacity data contracts on their second layer are the future. Nano can't do any of this, it cannot compete with other coins.
>Must run expensive nodes for free. A borderline insane and untested business model that will most likely crash the network. Even if it worked, no matter how unlikely, with full adaption the cost of running a node would be astronomical, leading to extreme centralization. Having again the elites controlling our money must be avoided. No financial incentives for DPOS representatives to keep securing the network.
>You were warned: Same whales that pumped and dumped Nano first time (-98% from ATH), pumped again. Failing to pump further, will result in a dump again, very soon. The delusional Nano hodlers will be stripped of their money again.
>70% centralization of all Nano, due to Nano original developers setting default node to their own.
>The code hasn't even been audited by an established software security company.
>Nano is permissioned and non-trustless [20]
>Going from UDP to TCP too late and too slowly [21]
>90% of github commits by only one person (Colin) in the whole “team”.
>Hired pretty girl, G. Coxton, who’s done nothing. Why’s she not on YouTube pushing Nano?
>Nano team are business amateurs. Pushed BitGrail when clearly a dangerous exchange. Guaranteed bomber as a good guy. Rebranded to Nano right before BitGrail exploded. Retarded decision. Marketing disaster.

[Anonymous No.11755320]

>>11755308
>Nano has no ‘human face’ for people to connect with, it’s just an empty logo. Unlike other top 10 coins – e.g. Ethereum has Vitalik, Tron has Justin Sun, Litecoin had Charlie Lee. NEO has Da Hong Fei. EOS has Dan L. etc.
>Nano has post Bitgrail probably the worst community in crypto [22][23], much of it due to the Nano teams catastrophic handling of the Bitgrail crash.>There are many other coins that are far better than Nano, with instant transactions, zero fees, near infinite scalability, near infinite decentralization, permissionlessness and trustlessness, 1 millionth the energy usage of Bitcoin [24][25][26]. Nano is an extremely risky investment [27]
>Posted some of the above questions on Nano subreddit. Got banned.
>Multiple pending and coming lawsuits against Nano devs personally and Nano foundation. Ugly truths about the Nano team, Nano devs and Bitgrail will come out [12][7]. It could lead to bankruptcy and a total shut down of the project.
>Anyone investing in this documented shitcoin deserves to lose their money. Nano is Bitconnect 2.0

FOOTNOTES:
[1] https://www.reddit.com/r/nanocurrency/comments/982bq9/stress_test_beta_network_v15_results_in_here/
[2] https://www.reddit.com/r/nanocurrency/comments/98alqy/why_isnt_stress_test_result_published_as_5700_tps/
[3] https://www.accenture.com/no-en/success-visa-connected-commerce-car
[4] https://www.ccn.com/vitalik-buterin-ethereum-will-eventually-achieve-1-million-transactions-per-second/
[5] http://archive.is/iq9fP
[6] https://nano.org/en/whitepaper
[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
[13] https://www.reddit.com/r/nanotrade/comments/7vwl86/what_are_the_faults_of_nano/dtvpymd/

[Anonymous No.11755321]

>>11755278
Just wait until this schizo assumes his alternate pro nano user ID and starts using excessive exclamation marks .
It's obvious this faggot only does this trash tier shitposting when he sold his nano shit bags because he thinks he actually has influence on the market because

He is clinically insane
He lives in his grandmother's basement

[Anonymous No.11755341]

>>11755320
[14] https://www.reddit.com/r/nanocurrency/comments/90wu2v/what_are_the_negative_things_with_nano/e2tskr8/
[15] https://www.nanode.co/account/xrb_1ipx847tk8o46pwxt5qjdbncjqcbwcc1rrmqnkztrfjy5k7z4imsrata9est
[16] https://www.quora.com/Is-the-NANO-crypto-coin-a-working-product-If-so-what-advantage-does-it-have-over-on-other-crypto-coins
[17] http://archive.is/e7oVV
[18] http://archive.is/GvyPd
[19] https://www.nanode.co/representatives
[20] https://www.reddit.com/r/nanocurrency/comments/92b1at/how_does_nanos_dpos_compare_to_other_dpos_such_as/
[21] https://www.reddit.com/r/nanocurrency/comments/8kt2ed/universal_block_canary_has_been_released/dzakb0a/
[22] http://archive.is/GGWIG
[23] http://archive.is/DlNyk
[24] https://www.quora.com/What-are-crypto-currencies-you-are-bullish-on-for-the-next-bull-run/answer/Marius-Kramer
[25] https://www.quora.com/Which-is-the-best-crypto-currency-to-buy-in-September-2018/answer/Marius-Kramer
[26] https://www.quora.com/What-makes-a-bad-crypto-currency/answer/Marius-Kramer
[27] https://youtu.be/JS9tJgbFTUA?t=27m27s

[Anonymous No.11755365]

>>11755266
I tried to address some questions to the nano devs and nano community, but got banned from the nano subreddit.

[Anonymous No.11755379]

>>11755321
>He is clinically insane
>He lives in his grandmother's basement
Prime example of how ex-bitconnect and now nanoid fanatics deal with documented critizism.

[Anonymous No.11755391]

>>11755321
Potential Nano investors, please pay attention. The fanatic Nano supporters are here on /biz/ 24/7 to mess up the flow in any multi-message documented criticism of Nano. However, they will never address any of the points in the criticism with facts and logic. Instead they will use ad hominem, smear, doxing and spamming. Not once will they even attempt to debunk the criticism, because they can't and they don't care.

Nano is Bitconnect 2.0

[Anonymous No.11755454]

>>11755379
Yeah buddy I'm pro Nano

Good luck with your obvious swing trading, no one is this obsessed with a shitcoin unless they have dumped their life savings in it at some point .

Show us on the chart where bitgrail touched you with their pee pee.

[Anonymous No.11755480]

>>11755391
Nobody here gives a fuck about Nano. Try Reddit.

Furthermore, you're just regurgitating a huge copy pasta wall of text, nobody is going to read it to pick apart even a single argument, let alone refute the whole thing. Doesn't matter if you're right or wrong (you're right btw, Nano is a scam).

[Anonymous No.11755508]

>>11755480
You are the same nano boomer that always pretend to be neutral or even semi critical of nano, yet post hysterical posts with zero substance against the criticism.

[Anonymous No.11755528]

>>11755508
No you dumb nigger, I've never owned Nano.

[Anonymous No.11755537]

>>11755454
Nice psychological projection there. Sorry that you got molested. Potential nano investors sure are very impressed by how you nanoids answered documented criticism against your failed and dysfunctional scamcoin.

Pic, Nano hodler getting assraped since January, buying some more, while screaming: "2 da moooOooooooOooon!!!"

[Anonymous No.11755713]

>>11755237
Hello there, I am 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!

[Anonymous No.11755720]

>>11755713
You can trust us Nano devs. lol. This is me 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. Peace out to all fellow Naniites!

[Anonymous No.11755733]

>>11755720
We were on the phones the whole day with bomber to get those 1.5 million Nano out, right before the "hack" and BitGrail was officially insolvent.
https://www.reddit.com/r/nanocurrency/comments/7xqxqu/500_thousand_nano_was_moved_today_out_of_one_of/duaj73z/

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. Nano's lawyer, Josh Kleiman, pic, helped me a lot, to reach a deal with Bomber and later Espen Enger, the king of the bitgrail victim group (or sheep as we call them). Ha,ha,ha, they will never know what hit them...he..he..he..he.

[Anonymous No.11755739]

I was just about to write "soon he's going to post the photo of that lawyer again". Too late.

[Anonymous No.11755782]

>>11755739
The nano plebbit boomers from nano discord are here again, unable to say anything of substance to defend their shitcoin.

[Anonymous No.11756199]

>>11755237
LISTEN! NOBODY READ THIS FCUKING FUD!!! I could answer ALL of it, if I HAD THE TIME, but I have BETTER THINGS TO DO!! To EXPLOIT that Nano is falling is UNJUST and UNFAIR and only PROVES HOW WRONG YOU ARE!!! 100 EOY GUARANTEED!!!

[Anonymous No.11756322]

>>11755237
No need to read all your BULLSHIT (OP)! Sucks to be a bitgrail loser as you, while I am holding my heavy Nano bags ready for the FUTURE BULLRUN TO $100 EOY and INSANE GAINZ I am comfy AF!! The The Nano devs did the right thing to kick you out and ignore you and the rest of the community can't fucking stand you bitgrail whiners. Hope all of you commit suicide so we can finally have some peace in the community and focus on our future massive GAINZ!!

[Anonymous No.11756350]

Got banned on Discord again?

You never answer how much you lost on Bitgrail by being too dumb to use a fucking wallet.

Sad.

[Anonymous No.11756622]

>>11755237
I have never researched or touched nano. Anyone arguing against these points should have read the whitepaper, letting the reddit meme work against you will result in missed opportunities; even if all of OPs arguments are true. The whole don't tell reddit about x coin is probably a priming tactic for that mentality to be used against you. Read the whitepapers, glean the communities, study the cryptography concepts when mentioned to the point of vasic undersatanding at the very least. You'll post less and there may be less keks, but the opportunity will return. Or you can shitpost but still make money with the knowledge. Don't be pawns either way.
For example, I will go do my own research. When I am done, I can post NANO is shit afterwards regardless of what I really feel. By not skipping the first part, I am engaging in a market-essential social contract that stipulates: I will not be a faggot.

[Anonymous No.11756750]

>>11755237>>11755264
>>11755285
>>11755308
>>11755320

I did go down with the rest of the market like so many else, and got burned by the FCUKIN FUD against Bitconnect (which is suspecially much like this FUD, makes you want to think, RIGHT??!), BUT I learned technical analyzing of Nano and was impressed by what I found. NO OTHER COIN had this kind of making hodlers rich after technical analyze. Being a now a trading veteran, having learned my lessons, I WENT ALL IN and EVERYTHING SAYS $100 EOY!!! DON'T BOTHER TO READ THIS SHIT AND GO ALL IN NANO OR STAY POOR BIZ!!!!

[Anonymous No.11757076]

>>11755237
>>11755264
>>11755285
>>11755308
>>11755320
Why would anyone listen to a brainlet who pretends to be an authority on things he's completely ignorant about in order to push an agenda? Go back to your hole fucking bitgrail bitches. Nano doesn't need u.

[Anonymous No.11757601]

>>11755237
>>11755713
>>11755733

It takes a special empty kind of retard with no life to this much energy into spreading FUD against Nano for absolutely no reason. FUDDERS, why do you give a rats ass about nano so much ? Move on with your life. Stop worrying about other people.

You sound like you've been badly hurt or abused by Nano. Would you like to talk about it?

This kind of open and hidden antisemitism only shows that this FUD is reality HATE against Nano, multiculturalism, social justice, inclusiveness and tolerance, open and vibrant societies, anti-racism and inclusiveness!!

[Anonymous No.11757742]

ITT:
>Quick, market is about to bottom out but we haven't finished stocking up on Nano for the rebound, FUD commence!

[Anonymous No.11758313]

>>11755237
TO ANYONE HATING NANO AND SPREADING FUD:
Sorry I don't jerk off to screen caps of rando crypto threads.

Believe whatever the fuck you want, if you analyze technically you will see evidence that Nano turns bullish again and will MOON so better buy as much Nano as you can NOW!!

The SAME racist conservative capitalists that was against Bitconnect because giving the world free and easy money was against their capitalist interests and they were RACIST against Asians in Bitconnect, are NOW against Nano for same reasons and pure Anti-Semitism!! I am buying. This shit is magnificent and holding 133 nano now is like holding 1 BITCOIN IF YOU SEE SUPPLY!!! So you want 1000 Bitcoins but don't have enough money? EASY BUY CHEAPER NANO FOR SAME SUPPLY AS BITCOIN!!! DONT MISS THIS!! DON'T EVER BOTHER TO READ THIS FCUKING FUD!! ITS ALL LIES!! Peace out to all fellow Naniites.

[Anonymous No.11758662]

These haters are going to miss out the biggest flippening the crypto has ever seen when every way superior Nano will overtake Bitcoins current marketcap in two years after bulls return. Then you will cry for missing out juicy $5000 Nano.

[Anonymous No.11758721]

>>11758662
This

People with the knowledge to see what Nano really is will win against the pajeet pump&dumpers eventually. Slow and steady...

[Anonymous No.11759629]

>>11755237
FAGGOT thats what u get for leaving money in shady exchanges tf wrong with u!! I really hope that some of you bitgrail FUDDERS really DID commit suicide to weed out all you weak stupid people!! NANO DOESNT NEED U!! all u do is harming the price of nano and attacking the MAGNIFICENT NANO DEV TEAM!! FUCK U BITGRAIL BITCHES!!! STAY THE HELL AWAY FROM NANO!!

[Anonymous No.11759659]

>>11758721
They were doing the SAME THING spreading all their FCUKING FUD when we were in Bitconnect and destroyed that magnificent project. But NOW we are PREPARED and we have LEARNED OUR LESSON and we will grow ORGANICALLY with MASSIVE GAINZ and let these fcuking fudders stand their with their dicks in their hands and just cry!! THEY DESERVE IT!!!

[Anonymous No.11759726]

>>11758313
>>11759629
>>11759659
Autism overload. Even if nano wasnt a useless shitcoin i would never touch it just because it attracts inbreds like you

[Anonymous No.11759727]

>>11755237
Are you the FCUKING CUNT behind THIS THREAD?? >>11755449

[Anonymous No.11759811]

he still hasn't killed himself after buying the top

[Anonymous No.11759830]

>>11759726
The Nano community has ALWAYS complimented me for my enthusiasm and effective style of conveying why nano is the future!! SUCKS TO BE U AND A JELOUS HATER!!!

[Anonymous No.11759850]

>>11759726
No fees, no blocks, normie friendly and instant.
NANO really is the true bitcoin, p2p cash.

[Anonymous No.11759880]

>>11759830
>why nano is the future
the future of killing yourself after financial devastation, yeah.