So biz. I’m holding a bit of nano. I’m down about 20% in total
I’m thinking about getting rid of this shit and dumping more into link or one of my other coins
So all know it’s damn near instant right, can you guys list any other WORKING cryptos that can do the same that are damn near feeless?
I can totally see Nano having the same market cap as lite coin as it does litecoins job better, but shit, help a nigga out decide wtf to do.
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sell
No idea what a nano is
but it comes onto the no buy list
>can you guys list any other WORKING cryptos that can do the same that are damn near feeless?
pretty much every crypto except BTC and Monero are 'damn near feeless'. And many are instant like XRP and XLM
I'm not aware of any other than Nano that are -literally- feeless and instant. It is an important distinction
I’m really to find a working right now instant coin. Not 10 sec, not 30 sec..... but instant... and scalable. If I can find one, that makes nano even more worthless to me. If not, I’ll hold and pray for the idiots at Cb to list this
Also to add, feeeless is hugely important when using crypto to buy a bag of chips, a beer ect. Anything tiny cost
>$40 transaction fee when network actually being used as intended
>feeless
learn to read faggot, I said every crypto EXCEPT BTC and XMR have low fees
seems to have bottomed out though
also I gotta throw ETH in with BTC and XMR because it also has high fees when under network stress (crypto kitties, lel)
>I’m really to find a working right now instant coin
have you ever transferred ripple or stellar? it is almost as instant as nano desu
No reason to sell. The bitgrail drama pushed the price down, it recovered and then it corrected back to following the rest of the alts. Either sell and buy lower or hold and wait for alt season to come back.
>ripple or stellar?
Ripple is centeralized, Stellar has fees.
No I have not, I will look into it
I’m trying to keep a percentage of my portfolio in a “real world use case token” and honestly, from a merchant perspective, the only one I can think of is nano. This is my reasoning for this post
Stellar fee is like 0.00000001 penny but yeah there is a fee. you asked for instant transfer coins, I told them to you.
I will re-iterate, there is no other currency than nano that is both instant and feeless
>Owning NANO
>Using reddit spacing
Always pick two
>you asked for instant transfer coins, I told them to you.
Different anons, user.
also technically there is a 'fee' for transferring Nano, in the form of a small proof-of-work calculation. So you are paying a fraction of a penny in electricity
it's the shittiest erc20
>confused about what reddit spacing means
>uses it himself
You have to go back.
Do it after the bart dump completes. You're going to end up buying high if you do anything stupid right now
I guess I’m gonna hold this shit. Hopefully fuck boi Charlie Lee is holding because he knows something we don’t.
You must've seen the argument before but I don't think anyone really believes there is value in a blockchain that does just transactions. Especially if it runs on a centralized GPU farm.
I.e. bitcoin can just be forked to accomplish the low fee and transaction time you want and that project already has adoption.
The only alternative to make it as a blockchain is to have a niche i.e. smart contracts and so on.
You probably want to be a smart investor by thinking about use case but you're completely ignoring any progress and changes other projects are having in the mean time. Its about adoption, not premise.
Which forked bitcoin project do u speak of. If litecoin that’s bs
It still makes minutes at times. You can’t use that in any merchant setting.
Then you are completely missing the point. Litecoin has never had any chance of flipping bitcoin, just like nano. Bitcoin itself can accommodate the transaction times and fees just fine, if it ever needs to. If nano would indeed become a serious competitor, they would change the parameters in a heartbeat. The fact that no dev is bothered should tell you enough.
You need to wake up and realize highly price volatile digital "currencies" like BTC AND NANO will never become a mass adopted digital currency.
Bitcoin had nearly 10 years to do so. Their scaling issues unraveled not because of mass merchant adoption, but due to BTC being a highly speculative asset.
XBT is a store of value, not a currency. it's the only shitcoin worth holding. you should be trading everything into bitcoin and holding.
>XBT is a store of value, not a currency
>Bitcoin: A Peer-toPeer Electronic Cash System
the absolute state
Every token is just an opportunity to take money from a greater fool. People saying otherwise are suckered into bag holding. Don't bullshit yourself.
Ya.... tell that to overstock
IOTA will make NANO redundant
Ya... the Overstock that's being SEC probed?
True, who actually uses bitcoin to purchase anything other than drugs and prostitutes?
I hold some iota too. But let’s be serious, ifs gonna be years till the iota network is up to par.... still waiting on that wallet
Are you a fucking commie? Probed means nothing other than looked into. Lmk when they get charged with anything
There's also additional tax implications when you make purchases with cryptocurrencies.
>Every time you purchase a sandwich or video game with the cryptocurrency, you’re essentially making two transactions: First, you are selling property (bitcoins) in the eyes of the IRS. And then you are using the proceeds of that sale to make a purchase (whether it’s a sandwich or a credenza). And when property is sold, you must report the purchase on your tax forms.
time.com
OP wake the fuck up. You got shilled so far up your ass with this digital currency "merchant usecase" bullshit.
All the people who got in ltc at 10 bucks weren’t idiot.
You gotta ride the “adaption” wave. If you don’t hold coins to make money, and instead hold them out of “principal” you won’t make it
Also, the sec has nothing to do with taxes tard. If there was a tax issue with overstock it would be the irs “probing”
Don't derail the conversation to some other bullshit. You were saying NANO is a good fit from a merchant perspective, I'm telling you why cryptocurrencies are not.
>Also to add, feeeless is hugely important when using crypto to buy a bag of chips, a beer ect. Anything tiny cost
Those are your words, not mine.
As long as the governments treat cryptocurrencies as taxable properties, they will never be mass-adopted to be used as actual digital currency.
Bag holding OP too upset to realize he actually bought the merchant use-case meme.
How is the irs going to go after me (the consumer) if I’m using nano as a cash type payment from my anonymous nano. wallet? As long as the merchant is paying their proper taxes, they are off the hook as well. So who is the problem?
How much req u holding?
You still don't get it.
Crypto will make income tax a optional thing - voluntary donation. It takes away power from the gibermunt and gives it to the, and this is critical, TWO individuals who transact.
This guy fucks
It's spelled 'principle'
I hold and trust bitcoin cuz fiat and government cant be trusted with the power to make money out of thin air. Thats a principle.
It's a long term hold. You either get out and try to chase these few pumps we have right now to make a profit in the short term, or you hold and quit looking at CMC everyday. NANO makes up about 20% of my portfolio, but I never pay attention to the daily price movements. Give it a year or two.
>can you guys list any other WORKING cryptos that can do the same that are damn near feeless?
It doesn't fucking matter.. HOW DO YOU ALL STILL NOT GET THIS???
Who gives a shit about you two circle jerking transactions. I'm talking about mass adoption here.
With no mining or fees there is literally no incentive for running a representative, or for users to change to a different one, so the network is de facto centralized.
Also, the Precomputed PoW Attack is nowhere near being addressed, and if it CAN happen, it WILL happen.
This coin will be compromised sooner or later simply because it goes against literally one of the most fundamental principles of crypto, and economics in general. I'm pretty sure the dev team is full of commies, it would explain a lot.
Dumbest shill attempt