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Will NANO be too little too late - or is it just what it needs to be.

This is not FUD before I start, just something that has been going through my mind as someone who has been invested since the days of RaiBlocks, and believed in NANO enough to passed a fair amount of purchasing time on BitGrail (fortunately without loss) and is in no way angry about the current state of the market. So ...profits and price aside, I want to talk about the actual adoption of NANO.
In the early stages of the 2017 rush the concept of black-lattice and instant fee-less transactions was such a strong selling point for a coin at a time when both the Bitcoin and Ethereum networks were starting to lag, pre-lightning and with so many coins and so many promises, what we were being given by the NANO team was strong, and regardless of technical hiccups with exchange wallets and the BG fiasco, it was easy to look past that and see the strengths of the company.
The problem is, that as we start to look at the longevity of projects in 2018 and double down on strong investments with a future and discard those that we feel may not make it through the next few years, I ask myself if NANO will offer something that other coins will not.
"It's instant and fee-less" we shout ay any doubters, ...so let's just look at those two points a moment.
INSTANT - How important is Instant. I deposited NANO on Binance the other day and it took ages to show up like 3 hours of ages. This is not the fault of NANO, this is the way Binance receives the funds in a pool then separates them out ...well, that is what I gathered by following the trail ...did I care, no, took 3 hours.
Paying with my Visa card is Instant ...still takes 3 days for the funds to actually show as having left my account ...hasn't stopped mass adoption, why? Simple, the merchant is 'guaranteed payment within 10 seconds and that is all you need.
You see, a BTC transaction may as we know take from 10-30 mins on a good day, but that does not stop it being the most popular "accepted here" coin, why? because it is the one owned by the greater majority ...AND most importantly, the moment you send that transaction the receiver knows that although it might take 30 mins to arrive in their wallet, it is on it's way, the funds were there to be sent and not you or anyone else (with the exception of a cataclysmic solar flare scenario) can stop it.
So is INSTANT that important ...it is cool, ..3o minutes is not, but a coin that can do it in 5 seconds (Stellar Lumens) or anything under a minute (insert your favourite coin here) covers those bases.
FEE-LESS - Ok, when looking at BTC fees, or the annoyance of GWEI, GAS or any other coin that might mean upon trying to make a transaction you are told you cannot because you do not have enough of the asset required to perform the action ...this is not something that will score many points in the global currency race ...but are we really convinced that NANO is the only coin to be able to achieve this. IOTA of course already does and whilst it is not marketing itself in any way along these lines, I do not doubt others will come along (a high chance they may even be forks of NANO) that do all that NANO offers and a lot more. As users, do we really care so much if an awesome and all powerful coin, eco-system or network comes along that again like Stellar (not a shill, just a continual useful example) has a very small nominal fee that you really don't feel ...will NANO continue to be alone in this space.
Where that leaves me is that last week I sold a huge chunk of my NANO holdings for one specific purpose, to watch the market drop and buy back in and increase my holdings ...my instinct was correct, and although I feel I could wait even longer for greater gains, I have surpassed by 10-15% marker, and now at over 20% gains common sense overrules greed and it is time to get back ....but as I am about to do so, ...I question for the first time as we sail through Q3 2018, if by Q3 2019 (when I personally think price and adoption will start to move significantly forwards again) if we at NANO will be offering enough unique selling points to the market to ride that wave.
I watched an advert for Crypterium today (not linking to it because I can save you the time - another promise if instant sending of crypto to friends even who have no wallet - but the experienced can see through it in an instant for what it is - DYOR) ...and whilst I cringed, I also knew deep down that it will be offerings like this (albeit with better marketing departments) which will make Average Joe take the plunge ....and will he care about how the NANO boys weathered FUD, BG, the market of 2018, were the first to be fee-less ..etc. etc. ...of course not, he will not give a sh*t.
So ...my faithful fellow NANites ...do not do what the people at REQ did earlier in the year when I made a similar post to discuss the future of their coin (they told me if I didn't like it I could p*ss off because I was wrong and knew nothing and probably got burned - I hadn't, I did sell however and took profits, and have resisted the temptation to go back and say hi recently) - instead tell me why you think we have a fighting chance over the next couple of years or DISCUSS (courteously and with respect of the opinions of others please) if these thoughts I express had not also crossed your minds.
submitted by mogmachine to nanocurrency [link] [comments]

Subreddit Stats: Bitcoin posts from 2018-10-09 to 2018-10-16 19:41 PDT

Period: 7.10 days
Submissions Comments
Total 765 10226
Rate (per day) 107.80 1494.28
Unique Redditors 596 3440
Combined Score 31658 33963

Top Submitters' Top Submissions

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  3. 2077 points, 1 submission: _Logicrypto
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  4. 1496 points, 1 submission: bitbug42
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  11. 512 points, 5 submissions: castorfromtheva
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  12. 510 points, 4 submissions: eddieweng
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  13. 387 points, 1 submission: StoneHammers
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  14. 366 points, 3 submissions: TrackCoinMarket-com
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  15. 358 points, 1 submission: musicfan39
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  16. 311 points, 5 submissions: TheGreatMuffin
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  17. 305 points, 1 submission: 6maud
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  18. 274 points, 2 submissions: undertheradar48
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  19. 265 points, 1 submission: NoGooderr
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  20. 253 points, 5 submissions: _smudger_
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  21. 247 points, 1 submission: Fly115
    1. It would be impossible for every Fidelity brokerage customer to own even one Bitcoin. This is why Bitcoins are worth thousands of dollars, while a dollar is only worth one dollar (and only until next year when when it's worth 97 cents). - Erik Voorhees (247 points, 129 comments)
  22. 237 points, 1 submission: manfromnantucket1984
    1. Bear markets are for building! 🐻⚡ While the price is doing what it does, we continue to build the #LightningNetwork at the #LightningHackdayNYC in New York on October 27th/28th 2018. Speakers like Christian Decker, Matt Corallo and Peter Todd will take you down the rabbit hole. (237 points, 15 comments)
  23. 232 points, 1 submission: TheMidnightMatinee
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  24. 231 points, 2 submissions: installeris
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    2. Nouriel Roubini has always been talking sh*t about Bitcoin. And he's always wrong. (62 points, 29 comments)
  25. 226 points, 1 submission: lewtr
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  26. 218 points, 1 submission: Unusual_Mountain
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  27. 214 points, 1 submission: Mobilenewsflash
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  28. 212 points, 1 submission: CardCollector1
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  29. 201 points, 1 submission: yonstonston
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  31. 159 points, 3 submissions: zappadoing
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  32. 159 points, 1 submission: Crevative
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  33. 147 points, 1 submission: lexihayes99
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  34. 146 points, 1 submission: Rare_Ad
    1. Bitcoin was a tool that was born of the economic crisis some 10 years ago, does that mean another big recession or banking collapse could catapult it forward? (146 points, 87 comments)
  35. 146 points, 1 submission: vmrey
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  36. 145 points, 1 submission: wwwdata
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  37. 141 points, 9 submissions: expertbit
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    5. Bitcoin Price Stability -- A Bullish Or Bearish Sign? (15 points, 1 comment)
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    8. Bitcoin Network Comes To A Standstill In China (0 points, 2 comments)
    9. Bitcoin Price Jumps by $600 to Reach One-Month High Above $6.9k (0 points, 0 comments)
  38. 137 points, 1 submission: diditmakesound
    1. Everyone still buying right now (137 points, 30 comments)
  39. 135 points, 1 submission: gattacibus
    1. POLONIEX suspends Bitcoin withdrawals (135 points, 86 comments)
  40. 129 points, 3 submissions: nopara73
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    2. Scoring Bitcoin Wallets (38 points, 25 comments)
    3. A Technical Overview of Wasabi Wallet, Future Ideas, Plans and Strategy (36 points, 1 comment)
  41. 123 points, 1 submission: Big_Bluefin
    1. Live from Fremont Street in Las Vegas (123 points, 20 comments)
  42. 121 points, 1 submission: agustinf
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  43. 118 points, 2 submissions: TheCrunk1
    1. Fidelity launches new company for trading, storing cryptocurrencies (98 points, 26 comments)
    2. Binance launches fiat-to-crypto exchange in Uganda (20 points, 7 comments)
  44. 112 points, 1 submission: Thinkmoreaboutit
    1. "Over the weekend I sent a bitcoin transaction to a relay 12.6km away with no cell network or internet connection. Here's a tweetstorm about how I used @gotenna and @SamouraiWallet to do it" [email protected] (112 points, 20 comments)
  45. 111 points, 1 submission: Jackieknows
    1. When it comes to your coins, keep it quiet. – Trezor Blog (111 points, 10 comments)
  46. 110 points, 1 submission: 100ravp
    1. Someone solved the 310.00 BTC challenge (110 points, 87 comments)
  47. 110 points, 1 submission: loulan
    1. There was an attempt (110 points, 78 comments)
  48. 106 points, 1 submission: king-only
    1. Breez, a Lightning Network mobile client, is now fully open sourced (106 points, 19 comments)
  49. 101 points, 2 submissions: HodlingToTheMoon
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  50. 98 points, 1 submission: ubunt2
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  51. 97 points, 1 submission: CosmicHemorroid
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  52. 96 points, 3 submissions: DesignerAccount
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    3. Infographic - How do UTXOs work? (1 point, 0 comments)
  53. 96 points, 1 submission: bowlingfries
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  54. 94 points, 1 submission: nassimmontreal
    1. #roubinilovescrypto (94 points, 37 comments)
  55. 92 points, 2 submissions: ella11price
    1. Selling goods and items for Bitcoin should be easy. I built a marketplace similar to eBay so people can sell anything for crypto. This video explains it. (91 points, 63 comments)
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  56. 91 points, 1 submission: ytcoinartist
    1. The Golden Pineapple, a 3D combination puzzle for all ages and free to play. Be the first to solve the final level and win 1 BTC, courtesy of The Pineapple Fund. http://pineapplearcade.net/arcade-game/pineapple (91 points, 25 comments)
  57. 89 points, 1 submission: Rachsuchtig
    1. An BTC ATM at Austria/Salzburg Shopping Arena, totally surprised to see (89 points, 11 comments)
  58. 87 points, 2 submissions: Ishan1121
    1. Bitcoin proves once again its the best way to transfer money! $194 million transferred for 10 cents. (87 points, 18 comments)
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  59. 87 points, 1 submission: Blixx87
    1. I finally figured it out! We have been forming a Dorito Pattern and it’s on it’s way to the cheese dip. (87 points, 49 comments)
  60. 86 points, 8 submissions: EffigyBoy
    1. Venezuelans Play RuneScape To Make Small Profit In Bitcoin (31 points, 4 comments)
    2. CFTC Chair On Bitcoin Expansion: "We Are Seeing More Institutional Movement Into This Area" (26 points, 0 comments)
    3. The Indian Government is Considering to Launch Its Own Cryptocurrency to Avoid Citizens Using Bitcoin (13 points, 14 comments)
    4. The Congress Is Groping In The Dark To Handle Cryptocurrencies. Bitcoin has come into the mainstream. (6 points, 0 comments)
    5. After Stock Markets Plunge Cryptocurrency Whale Dumps over 22 100 BTC (5 points, 11 comments)
    6. Scientific Journal 'Chaos' Favors Bitcoin – As stable as Oil and Dollar Markets (2 points, 1 comment)
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    8. Omniex and Gemini Struck A Partnership to Support Institutional Investors (1 point, 0 comments)
  61. 85 points, 2 submissions: jakesonwu
    1. Release - Eclair v0.2-beta7 - Compatible with Bitcoin Core 0.17.0 (75 points, 8 comments)
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  62. 84 points, 2 submissions: renepickhardt
    1. ECDSA is not that bad: two-party signing without Schnorr or BLS (by Stepan Snigirev) (53 points, 7 comments)
    2. Last week in Lightning Network: A weekly collection of lightning network (and related) news on Twitter (31 points, 6 comments)
  63. 83 points, 3 submissions: OldCarpet54
    1. [GIVEAWAY] Crypto Invest Summit – Wozniak, Gupta, Morehead (82 points, 1 comment)
    2. blockchain news: from SF Blockchain Week and XBlockchain (1 point, 0 comments)
    3. Buterin | SpankChain | Kambria: San Francisco Blockchain Week (0 points, 0 comments)
  64. 83 points, 1 submission: -elektro-pionir-
    1. AMA with Bitcoin engineer Jameson Lopp (83 points, 21 comments)
  65. 80 points, 3 submissions: ysangkok
    1. Bitcoin script discussion at Scaling Bitcoin: "Sporks are probabilistic soft-forks [...] where instead of [...] version bits if the blockhash has some [...] PoW below some threshold, it activates. [...] [E.g.] you have an expectation of 6 months to get your shit together. Doing it live." (28 points, 3 comments)
    2. Multi-Hop Locks for Secure, Privacy-Preserving and Interoperable Payment-Channel Networks (27 points, 8 comments)
    3. Scaling Bitcoin Kaizen - Scriptless scripts, adaptor signatures and their applications (25 points, 2 comments)
  66. 78 points, 3 submissions: mkuraja
    1. What's the difference between Lightning Network and Liquid Network? (57 points, 41 comments)
    2. Need some fresh, new FOMO in your life? Reenter, Trace Mayer. (15 points, 1 comment)
    3. This American tourist thought I'd see "Bitcoin Accepted Here" all over Tokyo, Japan but not one place found yet. (6 points, 17 comments)
  67. 77 points, 1 submission: Miladran
    1. Fidelity Says It Will Trade Bitcoin for Hedge Funds (77 points, 1 comment)
  68. 77 points, 1 submission: pandaman200
    1. Swiss Crypto Fund Obtains Country’s First Crypto Asset Management License (77 points, 4 comments)
  69. 75 points, 3 submissions: mickhick95
    1. I purchased a goTenna to broadcast my BTC transactions with TxTenna and Samourai Wallet. (44 points, 15 comments)
    2. I saw a Bitcoin ATM and I had to make a purchase. (28 points, 41 comments)
    3. 303-ish Days in the BTC Bear Market, This Sideways Motion Looks Like A Turn Around!!! (3 points, 16 comments)
  70. 75 points, 1 submission: hcarpach
    1. Venezuelan cryptocurrency miner: “we are police’s most wanted” (75 points, 21 comments)
  71. 73 points, 6 submissions: WorkCoin_Team
    1. “Bitcoin enables certain uses that are very unique. I think it offers possibilities that no other currency allows. For example the ability to spend a coin that only occurs when two separate parties agree to spend the coin; with a third party that couldn’t run away with the coin itself.” – Pieter Wui (66 points, 14 comments)
    2. Revolution of Bitcoin (5 points, 3 comments)
    3. A Funny Bitcoin Thought (2 points, 20 comments)
    4. Getting started with Bitcoin (0 points, 1 comment)
    5. Make your foundation strong (0 points, 0 comments)
    6. What are you not willing to compromise? (0 points, 6 comments)
  72. 73 points, 1 submission: ozdixon
    1. Bitcoin accepted at a absenth bar in Prague. (73 points, 11 comments)
  73. 72 points, 1 submission: Itasia
    1. What Are Atomic Swaps? Ultimate Guide (72 points, 16 comments)
  74. 71 points, 1 submission: MannyAndDrChurchShow
    1. I wonder if they would still honor this card.... (71 points, 9 comments)
  75. 68 points, 4 submissions: grittygatorr
    1. Liquid Network - the world’s first production Bitcoin sidechain has officially gone live (65 points, 100 comments)
    2. XDEX Advertises Commission-Free Bitcoin Trading in Brazil (2 points, 0 comments)
    3. Coinfloor to Cut on Staff and Reorganize Amid Volume Fluctuations in the Crypto Markets (1 point, 0 comments)
    4. Barclays Temporarily Suspends Work on Cryptocurrency Trading Project (0 points, 1 comment)
  76. 68 points, 1 submission: WouterGlorieux
    1. Introducing 'The Bitcoin Spellbook': an open-source REST API server for the back-end of (almost) any Bitcoin application. (Think of it as your own IfThisThenThat server but for Bitcoin) (68 points, 3 comments)
  77. 67 points, 1 submission: Vaultoro_official
    1. Leading up to the LightingNetwork Hackathon in NY, I thought I would post the talks we filmed at the Berlin lightningHackDay. Some amazing talks! (67 points, 1 comment)
  78. 65 points, 1 submission: Komodor123
    1. Do you speak more than one language? Then help spread Bitcoin around the world by translating Bitcoin.org! (65 points, 28 comments)
  79. 63 points, 1 submission: Sandiegosurf1
    1. Fidelity Launches Institutional Crypto Trading and Clearing. Let the institutional money flow! (63 points, 1 comment)
  80. 63 points, 1 submission: TearAnus-SoreAssRekt
    1. Buying PC Games With Bitcoin: Site Reviews (with some accepting Lightning!) (63 points, 7 comments)
  81. 62 points, 1 submission: CryptoCloaks
    1. We finally got our RaspiBlitz case to a level we love! Time for load testing to check thermals, final mods are almost done! (62 points, 10 comments)
  82. 61 points, 1 submission: sagiher
    1. #Liberte#CaribbeanBitcoin#ShoutOutToAllBitcoinDeveloperOutThere (61 points, 9 comments)

Top Commenters

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  64. Daddeus65 (75 points, 28 comments)
  65. whalecheetah (75 points, 25 comments)
  66. BCash_BeTrash (75 points, 23 comments)
  67. cipher-space (75 points, 19 comments)
  68. bnuttall (72 points, 2 comments)
  69. chrisrico (71 points, 26 comments)
  70. esdraelon (71 points, 8 comments)
  71. ale1ormont (71 points, 2 comments)
  72. igadjeed (70 points, 42 comments)
  73. Holographiks (70 points, 19 comments)
  74. frankieboy07 (70 points, 2 comments)
  75. snazzycoins (69 points, 12 comments)
  76. dmar198 (69 points, 11 comments)
  77. protoman86 (69 points, 7 comments)
  78. bitbug42 (68 points, 5 comments)
  79. CardCollector1 (66 points, 16 comments)
  80. hawks5999 (66 points, 7 comments)
  81. DefiantVerse (65 points, 12 comments)
  82. psionides (65 points, 8 comments)
  83. btc-forextrader (64 points, 37 comments)
  84. UniqueNewQuark (63 points, 5 comments)
  85. imaducksfan (63 points, 1 comment)
  86. bitusher (62 points, 23 comments)
  87. homad (62 points, 13 comments)
  88. torbitonsa (62 points, 7 comments)
  89. violencequalsbad (62 points, 7 comments)
  90. wwwdata (61 points, 20 comments)
  91. LadyRosedancer (61 points, 1 comment)
  92. Nunoyabiznes (60 points, 22 comments)
  93. pg3crypto (60 points, 13 comments)
  94. XxArmadaxX (60 points, 4 comments)
  95. awertheim (59 points, 27 comments)
  96. Ploxxx69 (59 points, 1 comment)
  97. TheGlassStone (59 points, 1 comment)
  98. moodytomatoes (58 points, 39 comments)
  99. Sneakybobo (58 points, 13 comments)
  100. UniqueCandy (58 points, 8 comments)

Top Submissions

  1. Anti-crypto propaganda... promoted by American Express by Alexsayzz (4526 points, 513 comments)
  2. Someone just paid $0.10 to move $194M (29,999 BTC). Think about how powerful that is for a second. by MoonMan_666 (2369 points, 380 comments)
  3. When your boss thanks you for staying late at work but you were just watching the Bitcoin price and lost track of time by _Logicrypto (2077 points, 69 comments)
  4. ⚡Lightning Network at the Senate - Counterargument to Roubini's speech that Bitcoin can never scale to serve the planet by bitbug42 (1496 points, 186 comments)
  5. Why sell and pay capital gains, why not wait for mass adoption? That's my motto. by opencoins (1417 points, 244 comments)
  6. Took a while but finally part of the picture club (had to wait on the web browser update!) by awertheim (1174 points, 127 comments)
  7. Feeling good? by Hodl_it (853 points, 215 comments)
  8. Bitcoin ATM operator gets the $62,500 that police confiscated back by cointastical (833 points, 110 comments)
  9. Congratulations US senators for understanding crypto better than this guy by JandyJammer (748 points, 125 comments)
  10. ...in case you missed the laura shill burn today by lesbiansareoverrated (704 points, 100 comments)

Top Comments

  1. 462 points: ikarienator's comment in Feeling good?
  2. 456 points: PragmaticParadox's comment in Anti-crypto propaganda... promoted by American Express
  3. 387 points: uglymelt's comment in ⚡Lightning Network at the Senate - Counterargument to Roubini's speech that Bitcoin can never scale to serve the planet
  4. 377 points: UsherTechs's comment in When your boss thanks you for staying late at work but you were just watching the Bitcoin price and lost track of time
  5. 342 points: isdudu's comment in Anti-crypto propaganda... promoted by American Express
  6. 307 points: TyroneTheDriver's comment in Anti-crypto propaganda... promoted by American Express
  7. 276 points: andycam7's comment in Why sell and pay capital gains, why not wait for mass adoption? That's my motto.
  8. 275 points: dmdeemer's comment in Someone just paid $0.10 to move $194M (29,999 BTC). Think about how powerful that is for a second.
  9. 268 points: Rattlesnake_Mullet's comment in Someone moved 12,220 BTC ($82M) in block 545,877
  10. 244 points: CP70's comment in Anti-crypto propaganda... promoted by American Express
Generated with BBoe's Subreddit Stats
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How to get set up on Bitcoin Exchange in Meta Trader 4 ... $100 A Day Trading On Binance - Cryptocurrency Trading For ... Binance & Api Keys Tutorial Binance: How To Use Binance Exchange to buy Bitcoin & other Cryptocurrency Beginners Tutorial Guide I’ve Changed My Mind on Binance!! BNB #1 Altcoin!? Binance : Exchange de CRIPTOMONEDAS - Comprar y Vender ... Binance Bitcoin Exchange Binance Exchange Tutorial: How To Sell On Binance (Sold My ... #614 Binance Hack 7000 Bitcoin BTC gestohlen, Crypto durch Gold gedeckt & Bitmains Mining Power Abs Buy BITCOIN in India with Debit Card Binance Exchange

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How to get set up on Bitcoin Exchange in Meta Trader 4 ...

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