The orderbook

The nano community is taking their nano off binance and keeping it in cold storage. People aren't trading it as much, thus making the order book thin.
Im sure it's changed now but to increase nano by 20c only takes $50,000. So, which one of you autists will do it and start the bull run? You'll go down in history as a Chad.

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Green ID means it's true.

Based as fuck we need the link whale user from the other thread

There is no financial incentive for validators to protect this network. The economics is absurd. This shit will collapse if it ever sees any meaningful adoption.

It also lacks any ability to perform smart contract functions or privacy functions.

The only two fucking thing this thing has going for it is a system that does not have block confirmations (forcing exchanges to accept 0 confirmation payment) but being extremely insecure as a result.
The second function is no fees, no one gets paid for providing services to confirm transactions.

Trust me. Miners are going to attack nano and destroy this shitcoin if it ever poses a threat. Miners have enough hashpower to fucking obliterate this poorly designed shitcoin.

Nano puppets are the socialists of crypto. They don't understand the principles of economics.

keep this piece of shit on reddit where it belongs you fucking cuck faggot

Your ID is as lighter shade of green.
Your prophecy will be true.

Wtf do miners have to do with it brainlet? You think nano is running sha256?

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Think about it you fucking nit wit. Miners have access to massives amounts of cheap power. They will fucking crush Nano if they wanted to. The hippy dippy, free everything, green world, rainbows and unicorns, is not an economic reality, it never has been.

Nano isn't a proof of work coin like bitcoin you absolute fucking idiot. I'm not saying nano won't ever be attacked but cheap power and hash rate is not the attack vector

nano is proof of work you idiot

learn how it works

that is why miners with their cheap power can obliterate this fucking coin to protect their own block rewards.

>the economics are absurd
>hmm but it does have free transactions going for it, thats cool I guess
Did you even proof read your contradictory post?

Economics says people prefer free and fast over slow and expensive asshole.

Another socialist tard

"freebies" is not sound economic policy.

Payments will always be made to keep transactions safe and secure. That is sound human economics.

The second thing I would like to add. Nano is extremely fucking centralized around its dev. What the fuck is this project suppose to do when the developer premine funds are all spent? Freebie socialists nano shills are not going to donate to keep this project going. The shills will move on to the next freebie green coin that promises the world.

NANO is DPoS. You clearly have no idea what you are talking about.

learn how the network supposedly protects itself from spam

any mining factory with massive cheap power could spam nano to the point it is unusable.

Protection costs money. Safe and secure transactions costs money.

Just think about it.

What service can you get free right now?

You can get a free ride from your hotel to the airport.

You can get free delivery from your favorite chinese resturant.

Why is this free? Will the hotel send you wherever you want? Will the deliver driver go pick up your pizza for free?

That is the problem with Nano economics. They claim that businesses will keep the network secure because it will benefit them. But business are not going to provide services that benifit their competition. That is why the network itself needs to provide the validation rewards for transactions.

You nano tards don't get just how prone to centralization a "freebie" network is.

Spam is not a problem exclusive to Nano. It is also fairly easy to spam the BTC network since it can process only 7tps max.

And the Nano team is working on a solution to this problem: the dynamic PoW that will be released on V19. Also since the network can scale on chain, it will become harder and harder to spam it to the point of making it unusable as the protocol develops and the network can handle more and more transactions per second.

have you ever heard of bitcoin?

You only need a computer, an internet connection and a bit of electricity to help to secure the network. You don't need expensive hardware and MW of energy like BTC and other PoW coins. That's the beauty of it.

And a lot of people are already doing it. You are saying that it can't work but is already working...

So the nano shills finally found biz.

I figured you would find our little hideaway eventually. Its sad because now biz is going to be flooded with Nano posts.

You guys do this because the devs don't market and its the only damn thing you fools can do to pump your bags.

Tell em its bitcoin gold

It's "not already working." Its is 100% speculation. Less than 0.001% of the worlds population has used nano. Even most nano shills have never actually used nano to buy anything.

Imagine how many reddit fags bought at 30 dollars and just can't wait to unload, assuming they can convince biz of all places to buy their bags