>zero fee
>instant transcation
>the next litecoin
>the real bitcoin 2.0
>just 5$
I think some user doesnt even know this coin exists.
Screenshot me, see you in a year. Stay comfy.
>zero fee
>instant transcation
>the next litecoin
>the real bitcoin 2.0
>just 5$
I think some user doesnt even know this coin exists.
Screenshot me, see you in a year. Stay comfy.
Other urls found in this thread:
en.wikipedia.org
twitter.com
It's a decent hodl if you buy now, I think it'll bleed some more though desu, unless bitcoin starts pumping again
i agree, been slowly accumlating over the past few days, i think icx may be better in the short term, but ive been picking up both
Its just a huge mempool lmao
It's not secure. Have fun having your coins lose 95% of value in the fist hack attack.
>the next litecoin
yup sounds about right ahahahahaha
Bought 100 just in case.
>literally just the base feature of any of the top currencies without the added potential
No thanks
Added potential of what?
But it does what others don't, free and fast transactions.
What normie wants to set up a smart contract?
All they want is to pay as little fees as possible to buy their shitcoin TRX DBC and VEN that aren't even full products yet. Imagine a nano trading pair for all of them.
Just accumulate this board will fud while we 1000x in the next few years. Nano marines will be the only marines who make it by 2020
Jokes on you I am a fiatmarine and I'm not fucking selling
>only selling points are free transactions and instant
When eos main net is released in 2 months nano will have no reason to exist.
>When
>When
>When
>Muh mainnet release
you sound just like an XBY fag lmao
Hide behind your smoke and mirrors while the proven tech flourishes
The public test net is feature complete and the main net is still on schedule for June. It's built on the same tech that powers steem, which is just as fast and feeless as nano. Theres literally no reason to think that nano is going to be the currency of the future when feeless and instant will become the paradigm over the next few years.
So tell me, what kind of businesses are going to accept something like EOS?
Most businesses aren't going to give one flying fuck about ICOs, smart contracts, dAPPs, etc.
But then you pitch NANO. A currency that transfers within seconds, can't be charged back and has no fees? That's a slam fucking dunk. It's the only crypto that can even try to step toe to toe with Visa and Mastercard in txps, and if crypto adoption grows then businesses will encourage the use of something instant and feeless, rather than giving ~3% to merchant processing, waiting days for ACH to clear and running the risk of having it charged back.
BITGRAILED
20% OF THIS COIN HAS BEEN STOLEN BY A WOP(FRANCESCO FIRANO) USING A JEW ON THE TEAM (ZACK SHAPIRO) AS AN ACCOMPLICE
HE IS SUING THE TEAM AND VICE VERSA. CHECK THE ANNOUNCEMENTS ON THE WEBSITE.
THIS COIN IS DEEEEEEAAAAAADDDDDDDDDDDDDDDDDD. IT'S NOT WORTH A PENNY
>businesses won't be interested in dapps
That's where you're wrong kiddo. Everyone is going to be using dapps for their usage with a secure distributed database and transparent and immutable payment ledgers. Your view of the blockchain revolution is far too narrow, just like bitcoin maximalists. You think like I did the first week I got into crypto.
EOS has up to 5% inflation, whatever the storage costs end up being.
IIRC all the nodes must store the full blockchain so those costs will be bigger than nano where only historical nodes have to have the full chain.
really no reason to uses EOS vs AWS for what they're doing. "competing with ETH" smart contracts.
BOMBERED
Also nano tpx have proven to be extremely underwhelming with testing. Can barely break 30. And literally every exchange still can't get their shit together with nano wallets after months, which tells me that there's an inherent problem with the nano wallet that isn't being fixed.. Your instant transactions mean nothing when it takes me 16 hours for my funds to show up in an exchange. Merchants aren't going to touch that shit unless it gets completely fixed.
I was smart enough to DMOR and avoided bitgrail lul
You mean 300? the stress test was from one node, it was limited by the sender I believe. the network as a whole can handle more. hasn't been tested to capacity though.
I'll believe it when I see it. Nanos 10k tpx isn't proven and neither is eos's 50k.
xby 100k will kill them both
Lightning network will kill Nano
enjoy your 10% liquidity
Shitcoin. The future is smart contracts not dumb coins
NANO is shit because it has double spending problems and the kernel leaks. Anyone that buys NANO is a retard.
Losing your money fast & hard
Nano holders must realize Nano doesn't solve any real issues
Nano holders must realize value in crypto comes not from shiny bells and whistles
Nano holders must realize value in crypto comes from the networks
Nano holders must realize no one cares about instant transaction speeds and low fees.
No company big enough to need that will touch block chain tech. They will stick to the established methods.
Meanwhile your mom and pop sandwich shop will have no issue using nano to drum up more business
>Nano holders must realize no one cares about instant transaction speeds and low fees.
Literally anyone buying or selling anything wants to avoid extra fees and have it happen quickly.
That doesn't matter if Nano isn't on many exchanges. What good are those transaction speeds etc. if it's only on Binance?
Sleeping fucking giant, you should hold a little of this just in case.
When and if it does moon , it will moon hard.
>low fees.
Also to stress the point, Nano has NO fees for the user. The proof of work it uses doesn’t hit transaction scaling issues due to the structure of the chains. That is what differentiates it and allows the fees to be 0 rather than just “small until the network has more use” as is the case with traditional blockchains.
It’s on binance, kucoin and plenty of shit exchanges. Also Nanex is continually expanding even though they’ve been doing meme coins at first to get attention. Also, it intends to capture market share in areas beyond “buying shit coins.” Look at the solid mobile wallets and the plan for smart cards. I’m not even shilling, I sold all of mine a while back and i’m waiting for alts to really bottom out before I re-enter the market.
At least NANO should replace LTC, right?
Fellow bagholder here, don't bother trying to convince these idiots, they're fact-resistant.
There is nothing Litecoin does better so in a rational market yes. Is the crypto market rational?
chink coin, check
not interested
Nano had its best days marketed as RaiBlocks and XRB.
inb4 the bomber sells the last of the stolen XRB and tanks the price further.
If it was, the tech would still be strong enough to be interesting. It’s an American coin though.
Best gains sure but that was the bull market. This is not a bulk market so it’s bleeding like the rest of the alts. I do miss the days when it sounded like a lego set for autistics though.
It honestly does not matter. Often time superior technology is not the one that wins out. The real value comes in the network.
Lets say you wanted to make a purchase and you had to decide between BTC or NANO. You might say "well ill go with NANO because of no fees and fast transaction" but then you look at the vendor and hes not even accepting nano, just bitcoin. So you are continually forced to use it.
en.wikipedia.org
The truth is no one really cares about slow speeds and transaction price enough to warrant an entire overhaul and take a risk on accepting NANO. Its all shiny bells and whistles that add no real objective value.
I'm a small business owner in construction trade, with a retail store and handle our labor/subcontracting. Please tell me what dAPPs are going to be useful to me and my business and help me generate more revenue.
I'm not saying dAPPs won't be useful to ANY business, just that by and large most brick and mortar stores care about speed, security and fees.
>Often time superior technology is not the one that wins out.
Stupidity ^
Yes it does. Most of the time. Just not all of the time you spaz. Muh betamax. Well I'm not typing from my windows phone using floppy disks for memory. Fuck you dumbass.
Aside from network effects which are literally the most crucial thing to a currency especially a crypto currency-
Don’t forget the economic incentive to support and assist the NANO network(there is none, only incentive to attack) vs. Bitcoin that has economic inventive and where the economic incentive is always support>attack
you know nothing kid.
>just $5
>literally one of the most expensive coins
This is like saying ripple is cheap
this lol there is no incentive to defend the network only to attack. guess how that might end up...
By this reasoning BTC will never be accepted by any vendor in the first place because fiat is already accepted everywhere. You might be right but, if you are wrong, and crypto has a shot at being a useful financial instrument than I will make a lot of money. That is the gamble I am making.
>The truth is no one really cares about slow speeds and transaction price enough to warrant an entire overhaul
You are too biased to the status quo. Crypto will have a higher chance of expanding if it can compete with services like visa. Bitcoin is not capable of that. Nano is capable of that. As I see it, bitcoin is going to end up as MySpace. MySpace dominated the social media scene before Facebook. Facebook was sleeker and cooler and ended up not only beating MySpace but vastly expanding the entire market for social media. Is Nano worthy of the Facebook comparison? It could be. Really it depends on what happens to crypto as a whole and how well the devs execute their plan but simply being the first to show off a particular use of technology doesn’t gaurentee bitcoin indefinite dominance, especially when most people are not using ANY crypto for purchases.
So me paying Visa and Mastercard 3% (5% to AMEX) isn't being solved by a feeless crypto?
So Bitcoin was worthless until it became a store-of-value?
Please expand on your network point because I am probably missing it. Are you saying crypto value is only derived from the apparent strength in the network such as (but not limited to) number of nodes online? Because that sounds like some maximalist shit there, and the same thing could have been said about any crypto that came along after Bitcoin, but clearly this space is big enough for more than one crypto, and network strength grows with time. My apologies if I'm not getting your point here.
So you like waiting for multiple confirmations when you want to transfer between exchanges, or if you're paying for something?
There will always be a case for a pure currency. It is the simplest use case, peer-to-peer electronic cash right? NANO is the type of crypto that big businesses might actually adopt in the future. Maybe it's not NANO, perhaps a clone, or an even better one altogether in the future will blow it out of the water. NANO does have a lot of uncertainty as to how it really can handle the purported 7k+ txps in real time not just tests, as well as how they mitigate spam attacks on the network. But it's the most promising one in its category with a talented and respected dev team that doesn't rely on hype for its success.
Dude nano is so so so so fundamentally flawed, do you know anything about consensus and incentives? Nano is like playing with fire
>no one has incentive to seed torrents
>media companies have incentive to attack torrents
>therefore torrents don’t exist
You forgot that people using and benefiting from a network have incentive to support its overall health.
NANO is shit and it double spends and it will fail,i agree.
Let them "win the argument" so I can accumulate more desu.
>By this reasoning BTC will never be accepted by any vendor in the first place because fiat is already accepted everywhere. You might be right but, if you are wrong, and crypto has a shot at being a useful financial instrument than I will make a lot of money. That is the gamble I am making.
>but simply being the first to show off a particular use of technology doesn’t gaurentee bitcoin indefinite dominance, especially when most people are not using ANY crypto for purchases.
I would agree.
This belief that crypto will dominate fiat in day to day spending is naive. Cryptos do not show dominance over fiat in those regards. So therefore, your best bet would be to stop treating crypto like a currency that will replace fiat, and start treating them as assets. Which is what the majority of Nano holders do anyway.
Dont sit here and tell me NANO holders are genuinely excited to use it as a currency. Its all bull. They are holding it as a speculative asset. nothing less nothing more. A belief that crypto will take over fiat is complete stupidity.
That's a very poor comparison.
Incentive for media companies to attack torrents is in no way comparable to incentive for ANYBODY to attack the nano network for hundreds of millions/billions of dollars
> the only white, non-chink, non-pajeet coin outside of the top 10
> actually introduces revolutionary tech via block-lattice
> completed product, only thing left is boomer-friendly wallets (99% finished) and fiat on-ramps
> you can download canoe wallet on your phone right now and observe literally instant tx speeds and 0 fees
> FUDed constantly by Jow Forums pajeets who are more interested in engrish white papers filled with false promises
> pic related, it's you user
It doesn’t have to become dominant over all fiat to take over certain markets. Countries suffering from collapsing banking systems, highly inflationary currency, etc. are full of citizens looking for alternatives. Even countries with strong banking systems have significant unbanked populations. The remittance market is hundreds of billions per year with the banks charging 10% fees to move money across boarders. Anyone selling goods online could benefit from a fast and feeless international currency. USD will be the dominant currency in the world for the near future but there are markets and populations who stand to benefit from crypto as currency. Is this the currency coin to do that? It’s possible. Again, disclosure I hold no nano but I am looking to buy some once it bottoms out.
Then do it. Find a way to do that.
>Please expand on your network point because I am probably missing it.
If you had one fax machine, and it was the only fax machine on earth, then that fax machine would be inherently worthless. The value of that fax machine would grow exponentially with introduction of other fax machines.
And it is true, Nano could grow exponentially as well if the network grows but its simply a lost cause.
cryptocurrencies and Decentralized applications are taking a route this year. And I can tell you one thing for certain, its not the route of replacing fiat in every day transactions. That is not the direction this market is heading.
Nano is hoarded by investors as a speculative asset. This is what cryptocurrencies do best. But as a speculative asset, faster transaction speeds and zero fees are just shiny bells that get people excited. Think Digibyte in 2016, sure it had faster transactions then even LTC at the time, multi algo mining to help prevent 51% attacks, and more coins produced to prevent jumbled mess of satoshi balance. But the reality was that those bells and whistles added no real value. No one cared about it. DGB was unable to scale up largely enough to get anywhere close to being adopted as an actual currency. In order for anyone to justify buying a coin to be used as a currency, it would have to be requested at a lot of places.
Nano is 2018's Digibyte.
Look at the big breadwinners of 2017.
BTC took dominance as it had first movers advantage, and the size of its network truly gave it its biggest edge.
ETH- the first successful network to provide a platform for decentralized applications. It had first market advantage and now it too will show dominance in its space because of the size of its network
XMR- the first successful privacy coin. It too will show dominance because of its networks size.
Ask yourself if Nano truly belongs in its own spot like those listed above. Tell yourself honestly, for the sake of your money.
I really appreciate you taking the time to type out a thoughtful response instead of the usual Jow Forums vitriol. I guess I had an okay understanding of your point about the network strength, but thanks for expanding on it.
I don't think NANO is a guaranteed moon mission or anything, and I certainly don't think that crypto is going to truly replace fiat at all. If it does that is way off into the future, as in once I die off in the future. I'm invested because I think for what NANO is trying to accomplish, it's the best of its class. It isn't just faster than the competition, it's instant. I'm always blown away when moving between exchanges or Canoe wallet. It's early enough to say it's bells and whistles, but I truly believe in time they will be highly sought out and valuable features. Agree to disagree. Peace out Jow Forumsraeli.
Good luck. I have nothing personally against NANO and if it mooned tomorrow I would hold absolute no ill feelings. For your sake I hope it does. but only time will tell.
Good luck.
tfw you bought at $15. fuck mt gox