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Author Topic: You guys are wrong, nano is the best store of value for the coming years.  (Read 187 times)
mindcntrol (OP)
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April 11, 2021, 11:45:57 PM
 #1

Well...im sure some Defi project, tomorrow or the day after will explode, making a 100x to someone.
 Im sure btc and crypto m cap will double or triple again. Yes 5 or 6Trillion Easy. Do you know the mcap of currencys?€$...etc?

So Why Nano? Because btc is well known and new users trust it. On this new thing called crypto. I know everybothy say dag is dead, is useless...shitcoin...but it isnt, because when u need to use crypto for real, with other people, with your bussines, what you want is cheap and now. Like when u order a pizza on globo. You will use ether to buy it and spend gas and wait half hour? No. You will use xlm and spend fees? Well maybie a pizza yes but what if you need to send 10000 transactions to your workers? No t.fees.
 This coin (nano) can really be used on the future. And if it isn't it has an enought low supply to become s store of value easy to stransact with.
In the end, expect the unexpected.
Every day more and more people comes to this market and gets familiar with...and this is exponential. You tell your friend, het sees btc at 60k and he tells to 3 more...etc etc, and basicly companies work quite the same (maybe they dont tell each but they arent stupid)
One day, this coin will pump, like every coin with good fundamentals do. And what will happend then? All this new people that arent yet with nano, will see it with diferent eyes buying the deep as they get confident with crypto.
Maybie im wrong and i loose my money it can be.
I was saying mln will explode and people told me Melon? Ow comon melon sushi...is that a joke?... and it went from 2 eur to 110€, in 8month and i doubt is done.
See you in 15 years! Smiley
I will be glad to hear your thought about my madness. Grin
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April 11, 2021, 11:53:33 PM
 #2

It is good as a transaction alternative because it's free. But as a store of value, I can't agree on that. If you look on it including the past years, the don't look good to me.
But who knows? nobody really has the fortune teller for the future of crypto. If that's a serious plan you've got to hold it for 15 years, good luck.

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April 12, 2021, 05:04:53 AM
 #3

tabas is right somehow, a good alternative for payment. Because of the transaction fees.

I also tried to look and research Nano a few years ago, which the time I am finding a gem that is good for the long term, and Nano is one I found.
But speaking of the transaction fees and how fast the transaction under Nano, there is also a lot of alternatives that can do this.
In terms of store of value, any altcoins could be an store of value for me, especially the project is active and have a long term goal, which it will make the price of the altcoin stay sideways or pump. Most of altcoins now are pumping.

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April 12, 2021, 08:34:32 AM
 #4

The main purpose for NANO to compete with blockchain in term of feeless payment system compared with the blockchain. DAG being created caused by the creator of DAG was feeling blockchain is not the best to handle massive transaction due to the high fees. that's why there was a system called DAG that used server as a validator but this is totally centralized.
NANO will never become a store of value like bitcoin. Both were different.
NANO is only to be used for the micropayment system only
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April 12, 2021, 10:45:45 PM
 #5

The main purpose for NANO to compete with blockchain in term of feeless payment system compared with the blockchain. DAG being created caused by the creator of DAG was feeling blockchain is not the best to handle massive transaction due to the high fees. that's why there was a system called DAG that used server as a validator but this is totally centralized.
NANO will never become a store of value like bitcoin. Both were different.

I cannot be agree. Nano is a decentralised coin where each accoun has her own chain, direct aciclyc graph is not centralised, thats why it can be so fast.

Why it cant be a store of value? Because the chart? It looks pretti much as a btc chart on 2014 or not?

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April 13, 2021, 02:33:31 AM
 #6

It is good as a transaction alternative because it's free. But as a store of value, I can't agree on that. If you look on it including the past years, the don't look good to me.
But who knows? nobody really has the fortune teller for the future of crypto. If that's a serious plan you've got to hold it for 15 years, good luck.
Altcoins are not best for value storages. Some altcoins, very rare, have increases in their prices. Ethereum, BNB, ie. can give you good profit after years but here I am mentioning about fiat values.

Ethereum lost its value in ETH/BTC. If you bought 10 ETH in 2018 at price 0.15 BTC for one Ethereum, today you will get a big loss in BTC. The price of Ethereum in BTC is 0.03566 BTC that is 23% of the entry price.

If you bought 1 BTC in 2018 assumed the entry price is $20,000, today you will have 1 BTC and at price about $60,000.

In long time, Bitcoin will be the only and best cryptocurrency to store your capital.

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April 13, 2021, 11:07:47 PM
 #7

It is good as a transaction alternative because it's free. But as a store of value, I can't agree on that. If you look on it including the past years, the don't look good to me.
But who knows? nobody really has the fortune teller for the future of crypto. If that's a serious plan you've got to hold it for 15 years, good luck.
Altcoins are not best for value storages. Some altcoins, very rare, have increases in their prices. Ethereum, BNB, ie. can give you good profit after years but here I am mentioning about fiat values.

Ethereum lost its value in ETH/BTC. If you bought 10 ETH in 2018 at price 0.15 BTC for one Ethereum, today you will get a big loss in BTC. The price of Ethereum in BTC is 0.03566 BTC that is 23% of the entry price.

If you bought 1 BTC in 2018 assumed the entry price is $20,000, today you will have 1 BTC and at price about $60,000.

In long time, Bitcoin will be the only and best cryptocurrency to store your capital.
That's a good comparison if the pair is in btc/altcoin. It is reasonable just to keep bitcoin as is and if somebody wants to buy altcoins if they treat it as a store of value, they should use cash instead or just keep it as is and don't convert to any altcoin.

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April 13, 2021, 11:37:14 PM
 #8

Depend on the commonity and the Nano developer itself. If they keep making a new upgrade for NANO system so as they will be many exchange who list the NANO coin then there is a chance for many people choose NANO and make NANO as a good coin in the future. Take a look how many altcoin that have a same feature like NANO? I guess there are a lot of altcoin that has same feature like NANO. It means, it is not about its feature either the fee or anything but it is about how their developer make new system that can attract a lot of new user.
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April 13, 2021, 11:41:39 PM
 #9

Depend on the commonity and the Nano developer itself. If they keep making a new upgrade for NANO system so as they will be many exchange who list the NANO coin then there is a chance for many people choose NANO and make NANO as a good coin in the future. Take a look how many altcoin that have a same feature like NANO? I guess there are a lot of altcoin that has same feature like NANO. It means, it is not about its feature either the fee or anything but it is about how their developer make new system that can attract a lot of new user.

We can't expect much of this coin, maybe you can have the options to hold and wait for years. Depending on each situation, you're going to gain updates everytime price varies due to volatility. When bullrun carries the entire cryptocurrency market, I'm sure nano would also have a growing price someday.
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April 14, 2021, 07:02:43 AM
 #10

Now it's Nano vs BTC? Well it's like comparing night and day mate because the only thing I see Nano solving is extremely cheap transaction fees but BTC is more than that, do you know how many projects are like Nano today? And still nothing comes to close to the king BTC itself

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April 14, 2021, 11:29:09 AM
 #11

Now it's Nano vs BTC? Well it's like comparing night and day mate because the only thing I see Nano solving is extremely cheap transaction fees but BTC is more than that, do you know how many projects are like Nano today? And still nothing comes to close to the king BTC itself

Same thing people said about Dogecoin now see where doge is today, am not saying @op is right or wrong but you know crypto spcace has a way of surprising even with the shitiest project, actually, i don't know much about nano but if there is a distinctive feature that makes it to stand out, that could be a reason to draw attention to it,
like it or not, transaction fees plays an important role in your ability to buy and sell wether you are a big or small trader, it is because of high trans fee that bsc is on the limelight.

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April 17, 2021, 03:40:54 AM
 #12

When i read this thread, i didn't noticed about NANO coin. Then after i read about NANO, i've a thought this coin is one of GEM in altcoin. Total supply only 133million , and it didn't pump since long time ago, so i decided to invest in NANO while the price was around $5 when OP created this thread.

And in less than a week, NANO got pump to above 100%  Grin



To anyone replied on above, have you bought some or you just shit posting to fullfill your weekly post requirement?
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April 17, 2021, 05:08:02 AM
 #13

If you talk about store of value, then it cannot be a coin which have too high or low fluctuations. It must be similar to something stable or consistent on bullish. I am not trying to debate people opinions, but in my evaluation, dash, montero and decred is the best as a store of value. It prove them self with their existence for years. Keep their trading volume as a top 100 coins and active development.

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April 17, 2021, 08:18:58 AM
 #14

I don't have NANO itself but I do agree with one thing. People haven't fully understood or explored DAG technology. I used it even in 2017 and was so impressed. I know nothing much about if the security can be fully tested or proven but coins showed they had a use and with all the problems in other algos I wonder if DAG can make a comeback?

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April 17, 2021, 09:03:04 AM
 #15

Well, I can only say that you are right, but I don't know with the right because many coins have the possibility in the crypto market, and we do not know if Nano is one of the best coins that can arise in the coming years. I don't have Nano, but I will try to research and find out more about the project.

The price itself is down to $8. I think this coin has a chance to come back to the previous price, but it seems that it will need more time to get another pump. If you believe in the project, then hold on tight and do not panic.
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April 17, 2021, 06:26:17 PM
 #16

Unfortunately this coin does not carry any form of hype probably the reason it is not very known to many people, the market is full of little gem it seems and we can't get them all, I read above that nano has the cheapest transaction fee, in this time when eth and the erc20 are scrapping peoples hair off with high transaction fee, this will definitely come as a huge alternative.

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mindcntrol (OP)
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April 17, 2021, 10:38:41 PM
 #17

When i read this thread, i didn't noticed about NANO coin. Then after i read about NANO, i've a thought this coin is one of GEM in altcoin. Total supply only 133million , and it didn't pump since long time ago, so i decided to invest in NANO while the price was around $5 when OP created this thread.

And in less than a week, NANO got pump to above 100%  Grin



https://i.ibb.co/WDRNL4s/IMG-20210417-103519.jpg

To anyone replied on above, have you bought some or you just shit posting to fullfill your weekly post requirement?

Well i told you! I toke a good amount of thousands with this pump. Just doubling myselve cause i dont leverage. The question now is that if it breakes the 10 us ( on Us binance 12)...70 usd is on the way.
The question is, is this thing just a pump and dum scheme? Well yes, like the whole markets are a ponzi scheme. And no, cause if crypto rules out on the next years...get ready xD. Have u even tryed to send this shit? Is like u can play with money sendig 10000 usd and resending them and again and again for free...it sound just like a game but it isnt!!
mindcntrol (OP)
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April 17, 2021, 10:47:59 PM
 #18

I don't have NANO itself but I do agree with one thing. People haven't fully understood or explored DAG technology. I used it even in 2017 and was so impressed. I know nothing much about if the security can be fully tested or proven but coins showed they had a use and with all the problems in other algos I wonder if DAG can make a comeback?

Fully tested, never had a hack or anithing similar, the only things hacker can do is to crack down exanges or to spam the net with mini transactions to slow down the net...this is beeing solved and while this attacks happend okey, its not 1 second the transaction...is 30 sec to 2 min..so lol. Let them spam xD
MrcMrc
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April 18, 2021, 07:42:48 AM
 #19

Nano has great features that will solve some of the several challenges faced in the cryptocurrency market, with its unique low fees and instant deposits this will allow for merchant and retail easy usage as one will not pay high fees on small transactions and haven’t to wait longer for transactions confirmation. Nano will indeed be the alternative to bitcoin and ethereum for retail usage.
Nano's long-term price will depend on the team's constant development and its demands.

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