NANO (ex RaiBlocks)

EagererBeaver · 15-02-2018 7:04pm

The vast majority of people are looking at the dollar equivalent value, not the NANO/BTC rate.

WhiteMemento9 · 15-02-2018 7:10pm

EagererBeaver wrote: »

The vast majority of people are looking at the dollar equivalent value, not the NANO/BTC rate.

Anyone who looks at it that way shouldn't be trading in these market as they have no clue what they are doing.

EagererBeaver · 15-02-2018 7:11pm

WhiteMemento9 wrote: »

Anyone who looks at it that way shouldn't be trading in these market as they have no clue what they are doing.

Exactly - they're not trading. They're HODLing.

WhiteMemento9 · 15-02-2018 7:18pm

EagererBeaver wrote: »

Exactly - they're not trading. They're HODLing.

I mean either or. The point stands regardless of what you are doing including hodling. It is a retarded concept made up to sell newbies on ways to lose incredible amounts of money during crashes. At the moment BTC is moving above $10k and Nano is now 84k. Most people will look at the $ and think oh it is only down x amount over the last few days when the reality is far different. That reality only comes into focus when BTC crashes. You need to look at the Satoshi number full stop.

EagererBeaver · 15-02-2018 7:49pm

So what, you knew and forecast this big BTC rebound, yeah?

WhiteMemento9 · 15-02-2018 7:52pm

EagererBeaver wrote: »

So what, you knew and forecast this big BTC rebound, yeah?

No, what has that got to do with anything? I haven't got a crystal ball and had no clue what it was going to do. I did the exact same as I am going to do with Nano. Wait for it to show real signs of recovery and take a position. I am still incredibly wary of a BTC correction/crash as there is huge resistance around the 11.5-12k mark.

WhiteMemento9 · 15-02-2018 10:44pm

Seems to be having a positive effect on the price.

https://twitter.com/nanocurrency/status/964244313503911937

TwoOldBoots · 15-02-2018 11:29pm

No effect on the price at all. Just slightly up, due to bitcoin rising. But the hack and the developers indifference to retrieving the lost funds has signaled its end.
This has had its day and will fall lower down the list from now on

BrokenArrows · 15-02-2018 11:40pm

TwoOldBoots wrote: »

No effect on the price at all. Just slightly up, due to bitcoin rising. But the hack and the developers indifference to retrieving the lost funds has signaled its end.
This has had its day and will fall lower down the list from now on

Why should the developers do anything else but be indiferent.

Does the Central Bank help out when a business is stolen from when it's fiat currencies.

Would you expect Bitcoin to care if they happened to steal bitcoin instead of nano.

WhiteMemento9 · 16-02-2018 12:13am

TwoOldBoots wrote: »

No effect on the price at all. Just slightly up, due to bitcoin rising. But the hack and the developers indifference to retrieving the lost funds has signaled its end.
This has had its day and will fall lower down the list from now on

Sat price is up from 83k --> 91k. Can you explain what that has to do with BTC's price increase other than it increases the sat value.

WhiteMemento9 · 16-02-2018 12:44am

Back on board. Some decent buy orders finally coming in. Keep your **** together please BTC.

JohnnyFlash · 16-02-2018 1:03am

WhiteMemento9 wrote: »

Back on board. Some decent buy orders finally coming in. Keep your **** together please BTC.

What price you looking to offload at?

WhiteMemento9 · 16-02-2018 1:08am

JohnnyFlash wrote: »

What price you looking to offload at?

$3

Matt Simis · 16-02-2018 11:28am

WhiteMemento9 wrote: »

$3

Its already way over $3..
He said offload, not what you purchased at??

I have no problem with the price right now (given recent events outside Nano's control) but expect it to be $50+ by year end. Look at the Crypto Cafe thread, look at the times to confirm and costs of the other currencies. This literally is so much better that its hard to visualise. I suspect its faster than Visa Paywave too (was counting how long from holding card to terminal it actually is to complete Auth, its not fast), which none of the rest of the crypto players can claim. And it got the perfect FREE trifecta, both to the consumer, business and environment ffs!

WhiteMemento9 · 16-02-2018 11:50am

It was a joke. If you have read his previous posts in this forum. He isn't really someone worth engaging with.

Shauny2010 · 16-02-2018 12:41pm

Matt Simis wrote: »

Its already way over $3..
He said offload, not what you purchased at??

I have no problem with the price right now (given recent events outside Nano's control) but expect it to be $50+ by year end. Look at the Crypto Cafe thread, look at the times to confirm and costs of the other currencies. This literally is so much better that its hard to visualise. I suspect its faster than Visa Paywave too (was counting how long from holding card to terminal it actually is to complete Auth, its not fast), which none of the rest of the crypto players can claim. And it got the perfect FREE trifecta, both to the consumer, business and environment ffs!

I don't believe a lot of whats said about Raiblocks, I suspect its flawed and currently its untested. This coin was less than 23 cent 2 months ago and by the looks of the chart I'd say it has a better chance of returning to that than go to $50

Tinder Surprise · 16-02-2018 12:47pm

Francesco Firano Interview on the stolen millions

...some piece of work this guy!!

All those who threaten me with death, could they do it neatly under this tweet? It starts to get tiresome looking in all my posts

"We have filed a further complaint about aggravated defamation in the press (as the newspapers all over the world have reported their defamatory statements) against the developers of Nano."

No, it's impossible to refund the stolen amount.

Shauny2010 · 16-02-2018 12:57pm

And the Development team have no fault in this?
I think the Devs are actually hiding something, and its more than a coincidence that the hack took place around the time of their software upgrade. Worse still is the Devs cannot even rely on the block explorer. It should have been easy to follow that amount of coins

Tinder Surprise · 16-02-2018 1:07pm

Shauny2010 wrote: »

And the Development team have no fault in this?
I think the Devs are actually hiding something, and its more than a coincidence that the hack took place around the time of their software upgrade. Worse still is the Devs cannot even rely on the block explorer. It should have been easy to follow that amount of coins

Yea, Im not taking sides and on record expressing my concerns about the devs and the project as a whole.

One things for sure and that is both sides have left a lot to be desired and utterly unprofessional to date.

WhiteMemento9 · 16-02-2018 1:19pm

Some serious buying action on Binance right now. Looking to try break the 100k level.

Tinder Surprise · 16-02-2018 1:27pm

WhiteMemento9 wrote: »

Some serious buying action on Binance right now. Looking to try break the 100k level.

Did you have a word

WhiteMemento9 · 16-02-2018 1:39pm

Tinder Surprise wrote: »

Did you have a word

FOMO :pac:

It is gonna take a serious push to get above that level as it looks like a shed load of people are willing to dump the XRB bag at that price point. A 20 BTC buy wall was put up and it was sold into for the lot in minutes.

Matt Simis · 17-02-2018 3:48pm

Shauny2010 wrote: »

And the Development team have no fault in this?
I think the Devs are actually hiding something, and its more than a coincidence that the hack took place around the time of their software upgrade. Worse still is the Devs cannot even rely on the block explorer. It should have been easy to follow that amount of coins

Why dont you just tweet/email them and get actual data? They aren't some shady weirdos with fake internet handles like many Crypto dev's, they are real people with faces and names. No reason to just randomly post FUD when you can actually dig into it to get facts. If you wanted..

BrokenArrows · 17-02-2018 7:57pm

FYI the ticker for NANO has just changed from XRB to NANO.

WhiteMemento9 · 17-02-2018 8:00pm

Well this isn't moving anytime soon. 37k ETH sell wall on KuCoin.

Shauny2010 · 17-02-2018 10:06pm

Matt Simis wrote: »

Why dont you just tweet/email them and get actual data? They aren't some shady weirdos with fake internet handles like many Crypto dev's, they are real people with faces and names. No reason to just randomly post FUD when you can actually dig into it to get facts. If you wanted..

The point is the facts are being Muddy on both sides,
FUD is not posted it is what people who are kept in the dark about whats going on feel.
If you wanted... you could have researched their Block explorer to see does it really work, why does it have so many anomalies?
Why does the network keep going down. Why can't they do an upgrade without people getting robbed.
Get back to me when those real people have answered your email

Matt Simis · 18-02-2018 3:20pm

Shauny2010 wrote: »

The point is the facts are being Muddy on both sides,
FUD is not posted it is what people who are kept in the dark about whats going on feel.
If you wanted... you could have researched their Block explorer to see does it really work, why does it have so many anomalies?
Why does the network keep going down. Why can't they do an upgrade without people getting robbed.
Get back to me when those real people have answered your email

This is a beta of a product is the answer to your questions (tho they are mostly thinly veiled accusations not questions).

Tinder Surprise · 19-02-2018 12:10pm

WhiteMemento9 wrote: »

Well this isn't moving anytime soon. 37k ETH sell wall on KuCoin.

Its almost like someone has 17,000,000 of these to shift

h0neybadger · 19-02-2018 12:17pm

Tinder Surprise wrote: »

Its almost like someone has 17,000,000 of these to shift

Hahahaa

WhiteMemento9 · 19-02-2018 3:12pm

Bomber going to be doing a Q&A. This **** couldn't get an weirder.

https://www.reddit.com/r/nanocurrency/comments/7ymjo0/qa_tomorrow_20_february_with_bomber_bitgrail_ceo/

Pussyhands · 20-02-2018 10:39am

So I'd need 100% growth to break even on this coin.

Should have went vechain.

Tinder Surprise · 20-02-2018 10:42am

Wombatman · 20-02-2018 10:48am

Pussyhands wrote: »

So I'd need 100% growth to break even on this coin.

Should have went vechain.

Just wait until it hits Binance, then you will see...........oh wait.

Tinder Surprise · 20-02-2018 11:00am

WhiteMemento9 wrote: »

Bomber going to be doing a Q&A. This **** couldn't get an weirder.

https://www.reddit.com/r/nanocurrency/comments/7ymjo0/qa_tomorrow_20_february_with_bomber_bitgrail_ceo/

Reddit says he didnt show up for the Q&A ...this fella is a ball and chain around this projects neck.

besides it was to be held on Telegram (yuck!) I really don't see the appeal of Telegram for group discussions - I tend to swerve it these days.

Its like a noisy room of screaming kids posting porn gifs whilst spamming.

SteelyDanJalapeno · 20-02-2018 11:02am

Tinder Surprise wrote: »

Reddit says he didnt show up for the Q&A ...this fella is a ball and chain around this projects neck.

besides it was to be held on Telegram (yuck!) I really don't see the appeal of Telegram for group discussions - I tend to swerve it these days.

Its like a noisy room of screaming kids posting porn gifs whilst spamming.

It hasn't started yet?

SteelyDanJalapeno · 20-02-2018 11:05am

Nano/Raiblocks was 20c in December, 2 months ago.
A lot of people bought the absolute top of all tops with this coin and now see a bit of a retrace, don't blame the coin for a poor investment choice.

Tinder Surprise · 20-02-2018 11:14am

SteelyDanJalapeno wrote: »

It hasn't started yet?

my bad it seems to have been editing as sure it was to happen yesterday - hence the comments on Reddit

jobless · 20-02-2018 11:16am

was just looking at this coin, is the price drop mainly down to the hack and subsequent selling?.... im wondering if its worth a punt at this point

WhiteMemento9 · 20-02-2018 11:30am

Wombatman wrote: »

Just wait until it hits Binance, then you will see...........oh wait.

$170m had been stolen and was most likely part of it was being dumped on the market during the Binance launch. It doesn't matter how great the tech is, marketing, exchanges, etc. This was always going nowhere and for reasons no one could have actually seen.

smacl · 20-02-2018 11:40am

jobless wrote: »

was just looking at this coin, is the price drop mainly down to the hack and subsequent selling?.... im wondering if its worth a punt at this point

Just my opinion, but as a long term punt, very possibly. If the technology is sound and the reasons behind its failure to capitalise are entirely surmountable, it seems like a reasonable proposition. That and the fact that is has a large if rather jaded fan base that would likely still love to see it do well. Risks are another coin with similar tech meeting the same need before nano recovers such that it no longer has an USP.

SteelyDanJalapeno · 20-02-2018 11:40am

Tinder Surprise wrote: »

my bad it seems to have been editing as sure it was to happen yesterday - hence the comments on Reddit

I think those comments were referring to an older q&a that he didn't show to.

Either way I think it's an awful idea to give him anymore air Time, he really should be in jail

WhiteMemento9 · 20-02-2018 11:45am

jobless wrote: »

was just looking at this coin, is the price drop mainly down to the hack and subsequent selling?.... im wondering if its worth a punt at this point

There seems no end to the sellers currently. Some people think that the stolen Nano is most likely already dumped but it is impossible to know. It is really hard to get rid of that many Nano very quickly without completely dumping the price. You would have to be an idiot to sell in that kind of way. It is completely plausible that the dumping was ongoing until the huge unexpected crash.

A slow bleed down exhausting buyers at every level is the way you would go about it. Not too dissimilar to what looks to be happening. If you have followed Nano since BTC started recovering the sat prices keeps moving down as BTC rises.

It is all just speculation on either side and there is no way of knowing for sure. Bomber is due to give some sort of q&a later today and I would at least wait until after that in case he drops some more revelations although at this point it is hard to see how he could do more damage.

jobless · 20-02-2018 12:05pm

WhiteMemento9 wrote: »

There seems no end to the sellers currently. Some people think that the stolen Nano is most likely already dumped but it is impossible to know. It is really hard to get rid of that many Nano very quickly without completely dumping the price. You would have to be an idiot to sell in that kind of way. It is completely plausible that the dumping was ongoing until the huge unexpected crash.

A slow bleed down exhausting buyers at every level is the way you would go about it. Not too dissimilar to what looks to be happening. If you have followed Nano since BTC started recovering the sat prices keeps moving down as BTC rises.

It is all just speculation on either side and there is no way of knowing for sure. Bomber is due to give some sort of q&a later today and I would at least wait until after that in case he drops some more revelations although at this point it is hard to see how he could do more damage.

have only been following from afar.... is bomber suspected of the theft?... why is he given any voice

WhiteMemento9 · 20-02-2018 12:13pm

jobless wrote: »

have only been following from afar.... is bomber suspected of the theft?... why is he given any voice

Hard to know at what level Bomber was involved. We do know that he was at the very least highly negligible. He still owns an exchange that people have money on which he has said still has funds to pay non-xrb holdings so I guess people are eager to get answers to when and how that will happen. There is also quite a few people that are hurting from leaving XRB on BitGrail and are happy to support the narrative it was in someway a fault with XRB. No evidence currently supports that being case.

Tinder Surprise · 20-02-2018 12:22pm

am I on my own thinking it has another double % drop before it consolidates and recovers, but all over a few months whilst the FUD and bad news gets dealt with properly.

Would be nice for the team to have some announcements to help things along, but the elephant in the room is the 17mil stolen coins out there.

btw I am going to keep posting such things as anything I say or believe will happen then the polar opposite occurs

SkySter · 20-02-2018 3:23pm

Tinder Surprise wrote: »

am I on my own thinking it has another double % drop before it consolidates and recovers, but all over a few months whilst the FUD and bad news gets dealt with properly.

Would be nice for the team to have some announcements to help things along, but the elephant in the room is the 17mil stolen coins out there.

btw I am going to keep posting such things as anything I say or believe will happen then the polar opposite occurs

At this stage my Nano investment made in early Jan has dropped to the level where I've just mentally written it off. No point in selling at a big loss now. If it recovers great, if not then I'll just put it down to bad luck and move on.

Tinder Surprise · 20-02-2018 3:36pm

SkySter wrote: »

At this stage my Nano investment made in early Jan has dropped to the level where I've just mentally written it off. No point in selling at a big loss now. If it recovers great, if not then I'll just put it down to bad luck and move on.

Yea pretty much in the same boat.

No point in me selling now tbh and chalking it down to experience.

h0neybadger · 20-02-2018 3:43pm

Hopefully not.

Will be an expensive mistake.

I'm happy to leave it sit for several months / year or 2. Lets hope some day it reaches above .002

WhiteMemento9 · 20-02-2018 3:44pm

I still think in the end this will turn around. The only issue Nano has is that if something comes along which does everything it does, gains adoption, momentum and passes it out. The other factor is hoping the market stays strong enough for it to flourish. It was like finding gold in a sea of **** when I came across RaiBlocks.

Tinder Surprise · 20-02-2018 4:05pm

WhiteMemento9 wrote: »

I still think in the end this will turn around. The only issue Nano has is that if something comes along which does everything it does, gains adoption, momentum and passes it out. The other factor is hoping the market stays strong enough for it to flourish. It was like finding gold in a sea of **** when I came across RaiBlocks.

Fingers crossed...also I hate the rebrand btw

'NANO' sounds so fecking generic in the current marketplace -' Raiblocks' gave it some uniqueness imo

NANO (ex RaiBlocks)

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