I just knew that Raiblocks is changed to Nano. is this just a simple rebranding or there is more to it?
and with recent "Bitgrail stolen fund" would this mean there will be a massive dump leads to price drop back to 2k satoshi?
I regret missing the chance to unload at 0.002 BTC and still waiting for the price back up to that point
and now... it seems it's going down back to 2k sats price
back to square one ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
The price of XRB is going down because of Bitgrail Hacked! and 17M Nano (XRB) Lost but I think the price of XRB will soon recover because security bug is from Bitgrail. Nem also falls into the same case and they solved their problem and i believe XRB, too. and with recent "Bitgrail stolen fund" would this mean there will be a massive dump leads to price drop back to 2k satoshi?
I regret missing the chance to unload at 0.002 BTC and still waiting for the price back up to that point
and now... it seems it's going down back to 2k sats price
![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
I don't believe XRB is going down back to 2k sats price because XRB is a good coin which have more features than bitcoin and other altcoins. Moreover, many big exchange sites like Binance and Kucoin listed XRB and this will help the price of XRB is soon going up.
The Nano team aren't responsible for the hack, but now those criminals will need to dump those 17M coins somewhere and this will hit the price. 13% of the whole circulating supply is huge.
But now it's the perfect time for buying and I just bought 600 for speculation trading.
The thieves would be mad to dump it all in one go, but if they did I think it would only have a very short term effect on price. I think plenty of people - myself included - are looking to buy more whenever there is a discount.
Long term the outlook for Nano is still very good.
Exactly, there is always room for growth because people are experienced and find there is huge potential in NANO. But the hacking makes many people nervous about the NANO coin.
That's the best time to buy, when everyone else is nervous.