Literally the strongest fundamentals of all the coins
Literally the strongest fundamentals of all the coins
Ian Sanchez
Other urls found in this thread:
thebitcoin.pub
twitter.com
Logan Turner
You need to go back
Mason Flores
Back where?
Lucas Hall
To friendster
Jaxon Morgan
Banano is literally equally strong. Why use this over that if you're so hot on ignoring network effect?
Dylan Cooper
Logan Russell
I don't know about strongest fundamentals but the reason I am holding a few thousand is to hedge the risk that something like this overtakes Bitcoin.
Using Eclair Lightning wallet works quite smoothly for me even now but I always think it's too complex for normies.
> Get some Bitcoin onchain.
> Open a channel to a LN node and send Bitcoin for an onchain for a certain channel capacity
> Send payment for payment request -- works flawless
> Receive - can't feature disabled since mobile wallets can be offline (wait for watchers)
> So far - LN channel funds can't be backed up
> Close chanel - onchain again...
Despite all this, I think the network effect of Bitcoin is just too big. And in time, this is going to be more mature with more elegant solutions and even smart contract layers on top on LN. Plus all the businesses and 3rd parties that will effectively be building off-chain solutions anyway.
Network effect and first mover advantage. So only like a 2-5% chance something like Nano overtakes but hedging since I am so invested in Bitcoin.
Chase Johnson
>tfw reddit will make it with NANO
>meanwhile fags on Jow Forums will lose everything with LINK
Kevin Reed
You can create a Nano clone with a far better distribution and the ability to interact with smart contracts on EOS with a one line command. Why would anyone prefer Nano? They gave all the coins away for free and the devs fucked the community in the ass so they could cash out. There's literally no point at which original holders can sell at a loss. There is no theoretical floor for this shitcoin.
Kevin Ward
there is no theoretical floor for any coin
Alexander Nelson
hey look is the EOSfag again
fuck off no one will buy your bags
Jacob Peterson
Yes there is. Cost of mining, ICO price etc. Obviously those aren't guaranteed, but they're a good indicator of what the market values them at. Nano's value is based on absolutely nothing on the other hand.
Jace Mitchell
>go to work
>nano at 2.10
>return home
>nano 1.70
Andrew Carter
Lightning network unironically kills Nano totally, so buying Nano is literally betting against BTC.
Except if BTC dies alts dies too, so buying Nano is basically throwing money away.
EOS was last year's scam. Hope you're not still holding bags.
Luke Ramirez
thebitcoin.pub
Remember that Raiblocks rebranded to Nano to hide the fact that 25% of the total supply is in some hacker's hands
Luis Martin
>scam
>most used blockchain
>literally tripled my stack on pyramid games already
How do nanofags even cope?
William Rogers
>They gave all the coins away for free
By what logic is giving away all your coins worse than the development team / foundation keeping 60%-90% of the supply like with Ripple, Stellar, Ontology, every ERC-20 token, etc.
Giving away everything for free will tank prices to kingdom come when original recipients dump for free money. But that given enough time and enough dumps, natural distribution will happen. As opposed to single entities keeping 60-90% of the supply means the value is always artifically inflated, the majority of the supply is in control of a few and you are always at the risk of huge incoming dumps.
Lucas Perry
>By what logic is giving away all your coins worse than the development team / foundation keeping 60%-90% of the supply like with Ripple, Stellar, Ontology, every ERC-20 token, etc.
Both are bad in different ways. Giving things away for free means they're intrinsically worthless. It's why chads don't wife sluts even if they're attractive and a good cook.
Owen Richardson
Also, most of those original holders already dumped on whales who bought at dirt cheap prices like $0.006 before there was any hype (probably the devs). They're the ones who then pumped the price on low liquidity scam exchanges like shitgrail and dumped their bags on reddit once it was listed on binance and kucoin with sufficient liquidity.
Ryan Gutierrez
Constellation is going to demolish your plebcoin, OP. Don't say you weren't warned.
Luke Wood
>Giving things away for free means they're intrinsically worthless.
Huge amounts of Bitcoin was given away in faucets.
XRP was given to Bitcoin holders for free
XLM was given to Bitcoin holders for free
Trying to distribute most your supply seems like a better option that give away a small fraction, drive up prices and then control the vast majority of the supply yourself.
Yeah, POW has better distribution but of the premined supply coins, total distribution is much fairer than scamming up prices with a pump and holding most of the supply.
Adam Robinson
>Constellation is going to demolish your plebcoin
This is exactly the type of scam I am talking about.
> Circulating Supply 600 Million
> Total Supply 4 BILLION
> The Top 100 holders collectively own 94.21%
Jordan Walker
>Huge amounts of Bitcoin was given away in faucets.
Not really, relative to the market price at the time it was peanuts.
XLM and XRP are both worthless shitcoins that will go to zero once the speculation bubble dies off and we move to usage based valuations.
>Trying to distribute most your supply seems like a better option that give away a small fraction, drive up prices and then control the vast majority of the supply yourself.
Both are bad strategies that will fuck you up in the long run if you try to invest in them. The only legitimate way to distribute coins is by public mining or a fair sale that one or two whales can't dominate.
Chase Phillips
this is old news faggot
nano is btc 2.0
Cooper Reyes
its funny cuz LN actually kills BTC
> blockchain application needs to go off the blockchain to work properly
> ???
Alexander Adams
>fair sale that one or two whales can't dominate
A fair sale where whales don't dominate doesn't happen in real life.
More than the whales the founders/developers themselves dominate and own absurd amounts of the supply
So besides POW over long time horizon with a coin that has huge network effects, you're basically screwed.
Of the screwed models, Nano majority supply distribution is probably best of the worst distribution models.
Samuel Clark
cost of production does not provide a theoretical floor to VALUE. complete non sequitur.
Mason Bennett
Whales will always own most of anything of value, be it mining equipment, ICO coins, fiat, commodities, land etc. When i say fair ICO I mean everyone has an equal chance to get a piece of the pie. None of that private sale bullshit, or buying up the entire supply in the span of a few days.
>Of the screwed models, Nano majority supply distribution is probably best of the worst distribution models.
No it's not, I already explained why giving things away for free is a terrible model. Nano dropping 97% from its ATH and getting rekt worse than any other coin is proof. Now even if the coin is more distributed and less controlled by whales, what's going to push the price up again? Where does the value come from? Why should 1 nano be worth more than $0.01 when no one even uses it?
Daniel Ortiz
Just took a screenshot, see you in 2020.
Jordan Gutierrez
>Where does the value come from? Why should 1 nano be worth more than $0.01 when no one even uses it?
Speculation?
Where does the value for any crypto come from?
Besides Bitcoin and maybe sprinkles of Monero in DNMs no other coin is being used for anything but speculation. And even BTC's value is buoyed by speculation more than actual usage.
Isaiah Rogers
Myspace
Elijah Sanchez
>Where does the value for any crypto come from?
The cost of mining, ICO prices, resource utilization etc. Speculation is obviously a big part in every coin's valuation, but the ones that are based entirely on speculation will not be able to sustain increasing valuations indefinitely, because hype isn't permanent. We've already learned this. Why ignore the lessons of a 97% decline in price?
Oliver Clark
>The cost of mining
Comes from speculative demand. Speculative demand, higher prices, more miners, higher difficultly, higher cost of mining
> ICO prices
Comes from speculative demand
Come on man, value does not come from the cost of mining. The cost of mining adjusts to difficulty which is based on demand/price. And almost every single ICO will go to zero. ICOs are pure speculations on shittokens.
Carson Robinson
Nobodies gonna make it with this shitcoin
how many times has it been hacked now?
5?
Grayson Adams
>Comes from speculative demand. Speculative demand, higher prices, more miners, higher difficultly, higher cost of mining
Nope. The difficulty today is 3x what it was when Bitcoin was at $19k and hasn't declined at any point since last November.
>Comes from speculative demand
Yes, but it's set in stone once the ICO ends, which means whales aren't going to be dumping at sub-ICO levels unless there's something fundamentally wrong with the project.
Kayden Miller
Technically never, the problem was exchange side for both bitgrail and kucoin.
Don't get me wrong I am not saying under any circumstances you should buy this trash, but technically there has not been a Nano protocol level exploit since it's creation .
Xavier Harris
That's not chainlink
Matthew Garcia
Buy 1k or neck yourself in five years
David Cox
don't you guys know nano is the only white usa coin and Jow Forums is a thicc asian image board
Gavin Peterson
> link's partners are now advertising the fact that they work with chainlink, including openlaw, swift, and now maker
> while all of your little shitcoins tweet for weeks about sniffing a public toilet near a GS owned building
The reddit dumpster scrapings have no idea what is coming. It is going to be glorious.
Sebastian Perez
You’re right, NANO is by far the worse ERC20 here
Matthew Carter
user you are literally the dumbest brainlet on this fucking board.
Bentley Scott
But that's not Nimiq
Aaron Ortiz
>nkn
>uuu
>ipsx
>0xBTC
>bbn
And now constellation or whatever the fuck
Juan Watson
Literally kys.
Leo Perez
literally a dumpster fire
Brandon Williams
Not even PayPal and the banks will save Nano. Yes, it might pump to $30 again for a while but then it will get hacked again and that's that. Shill a better coin next time.