Nano might dip below $4 today

Unironically this. Not kidding

>zeros fees
>no economic incentive for a sustainable economy

It’s just a meme dude.

>implying you always need an economic incentive to do something

Who the fuck paid you to post that, pajeet brainlet?

Economics isn't just about dollars and cents. It focuses on the optimal allocation of resources and the incentives that drive that action.

My post just refuted the other persons point brainlet. If everything we do requires an economic incentive, that would mean everything we do and say is because we get some financial incentive from it which is clearly false

> Economics isn't just about dollars and cents
> that would mean everything we do and say is because we get some financial incentive
> brainlet

Something can have economic incentives while not having any financial incentives, do you understand the economic concept of utility? This is grade school level economics. Do you even Venn Diagram?

good luck averaging down to zero

HAHAHAHAHAHA

I allready said I am prepared for that, if you think about any of this speculative shit with higher than a 10% chance of booming you are dellusional.

why should I put resources into securing the Nano network if I get nothing out of it?

oh sorry. I didn't realize the DAG ran on butterflies, rainbows, and good will.

Does your stupid coin come with a free unicorn too?

>calling others pajeet

You realize this stupid token was distributed solely and entirely to pajeets through captchas right? You're literally buying and holding their captcha bags from them. And the only reason it mooned as hard it did was because of wash trading from an italian scammer and the subsequent pump and dump encouraged by cryptoverter's discord group right?

>the absolute state of deluded NANNIES

You redditors are fucking retarded
Please go back and stay there

While he buys each and every dip, we'll dump ours on him for a profit :)

>9580417
whales already do to protect their investment.
The incentive to protect is stronger than the one to make money from mining bitcoin.
because you'll only mine bitcoin when it's the most profitable investment, when ETH makes more returns you'll mine that.

and besides its $5 a month to secure a node, and 99% of users don't have to do it. who gives a fuck?

the retarded thing about this question is if that's a problem why is the network never down? yet bitcoin has been around for 7 years and just the other day my transaction took 2 hours instead of 10 minutes.
wtf happened? i thought bitcoin incentives were stronger?!?

if you're dumping right now it means you either bought at $0.25 and didn't sell soon enough, or you're dumping at a loss lmao.

Fuck off back to plebbit

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>coping
lmao

>literally all of biological life works upon incentive systems
>bruh nah why do you need those
THE ABSOLUTE STATE KEK

oh you're right the network is down because there's no incentive. damn.
and bitcoin's network always takes longer than 10 minutes because... incentives...

oh dear. Oh dearie me im going to try and help you here. Bitcoin having stronger incentives has nothing to do with how fast your transaction can go through. I suggest reading the original bitcoin whitepaper to understand why. You can't mine Bitcoin and ETH with the same hardware, by the way. You can't just mine Ether when it's more profitable. You'd need to invest in a machine capable of mining Ethereum. A more comparable thing would be BCH mining, which has passed bitcoin in profitability before, then difficulty goes down a bit, and bitcoin is more profitable again. Obviously you have no idea how PoW works so I'm not going to bother trying to explain this further.

You need 51% of a hashing power to control Bitcoin, but with a DAG you'd only need about 33% of the network to execute a sybil attack. I can't remember the exact details on why, it would be better looking at the original "block lattice" thread on bitcoin talk where RaiBlocks was first proposed. A few bitcoin devs brought up some pretty substantial criticisms of the design that still haven't been solved today.

you dumb nigger. I typed this out and you already responded with the same dumb shit. BITCOIN IS HARD CODED TO 10 MINUTES READ THE WHITEPAPER. 1 BLOCK EVERY 10 MINUTES. FOREVER. THIS HAS N O T H I N G TO DO WITH INCENTIVES.

updated

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Did I even mention daddy BTC and it's clogged shit pipes? Oh wait no I didn't. You just brought it up because you are an absolute brainlet and have no idea how else to respond. I can't possibly dumb this down more for you.

This coin serves no purpose whatsoever. It’s just a shitty fast VISA.

>down 90% from Jan
OUCH

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the nano network being "online" requires a few computers running Nano. Just like bitcoin being "online" only requires you and I, and a few miners. It's peer 2 peer. The problem isn't keeping it ONLINE, it's keeping it SECURE.

I was saying every time Nano community members DCA, I'm at the other side of the trade realizing gain :)

Nano permaholders are greedier than Nano swing traders.

it does. Difficulty retargets means not only must miners be mining bitcoin, but the same number of miners must be mining or else quality of transport suffers.
So your node incentive backfires because there's a cyclical number of people mining due to price fluctuations and ever changing profitability involved.
nano node incentives hardly change at all, so you don't have to worry about that
>You need 51% of a hashing power to control Bitcoin, but with a DAG you'd only need about 33% of the network to execute a sybil attack.
That's assuming you DDOS'd 33% of the network. if you did that you'd need 33% of the marketcap to execute the voting attack. That means there's less than 10 people in the world that can execute this attack, and they'd only tank their own investment in doing so.

if you don't understand how difficulty retargets are intertwined with mining incentives... you're too fucking dumb to argue with

YES SIRS VERY GOOD WORKING PRODUCT AND MARKIT CAP... YOU WILL HAPPY WHEN COIN IS 100 X

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ok so say i'm doing dca on this shitcoin. i bought in at 15, 10, 8, 6, and now 4. i'd like to buy nano from you for 4 dollars. if you're selling nano at 4 dollars, the only way you'd have realized gain is if you held since pre-moon and tragically missed the moon by a mile.
dumbass.

lol this shit is more centralized than EOS and EOS is launching in like a month, anyone putting money into NANO is retarded.

Genuinely butthurt Nano community member spotted. It's called buying at the troughs and selling at the peak. Check the fucking CMC charts. There were plenty of swing trading opportunities with this token in 2018.

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Kek. Nanofags coping

wow you posted a zoomed out price history and you still don't understand what i'm saying. you don't know how to really dunk on these nano faggots. there were no troughs below the current price, this shit is dropping monotonically. and if you sell at a peak later, you aren't selling to someone doing dca, they've already bought at that price if they weren't retarded.

also i realize you're op, so it's pretty clear you're a bagholder making this thread because no one else is talking about this dead coin. real swing traders don't trade something that's fizzling out, the amplitude is dampened and the gains are shittier every cycle.

>quality of transport suffers
if by quality you mean waiting a few more minutes, sure, but it's just as secure.

Bitcoin's hashrate must have surely dropped to 0 when BCH was more profitable to mine. I remember when the death spiral killed bitcoin.