NANO (ex RaiBlocks)

Pussyhands · 20-02-2018 09:39AM

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

Should have went vechain.

Tinder Surprise · 20-02-2018 09:42AM

Wombatman · 20-02-2018 09:48AM

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 10:00AM

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 10:02AM

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 10:05AM

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 10:14AM

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 10:16AM

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 10:30AM

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 10:40AM

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 10:40AM

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 10:45AM

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 11:05AM

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 11:13AM

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 11:22AM

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 02:23PM

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 02:36PM

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 02:43PM

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 02:44PM

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.

TwoOldBoots · 20-02-2018 03:05PM

I sold mine last week for a tad under €8 for a €6 loss per coin. Every other crypto is going up while this is going in the wrong direction. I may buy back in (highly unlikely) but at the moment it feels like I have been pumped and dumped.
I have a good block of NEO which everyone seems to be getting onboard with and thankfully has more than covered my loss here. From what I see If a coin looses the faith of the crowd then its doomed.

Tinder Surprise · 20-02-2018 03:05PM

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

WhiteMemento9 · 20-02-2018 03:11PM

Tinder Surprise wrote: »

Fingers crossed...also I hate the rebrand btw

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

I am not a huge fan myself. People who are new to crypto google Nano and have to scroll to the bottom of the page to get info. That will change as it increases in rankings but never to the same as if you googled RaiBlocks and got a page with just RB info. You have gone from a really unique name that sticks in peoples mind to something completely generic that makes it hard to find in any area. Just finding the Nano forum on reddit is a chore. If you want to search for news in twitter you can't put in Nano as you get back a load of generic crap.

hots · 20-02-2018 03:39PM

TwoOldBoots wrote: »

I sold mine last week for a tad under €8 for a €6 loss per coin. Every other crypto is going up while this is going in the wrong direction. I may buy back in (highly unlikely) but at the moment it feels like I have been pumped and dumped.
I have a good block of NEO which everyone seems to be getting onboard with and thankfully has more than covered my loss here. From what I see If a coin looses the faith of the crowd then its doomed.

It's falling but not by PnD, it's because of a load of bad press. I still like nano as a project but I fear that it won't make up the lost ground of this few months.

WhiteMemento9 · 20-02-2018 04:08PM

Nothing earth shattering in the Bomber Q&A. Just more of the same.

https://docs.google.com/document/d/1WOYHioqJ-54YOC8hiuj8YIP2_Kj6EUSXX5ttOSa4CnI/edit

Tinder Surprise · 20-02-2018 04:19PM

WhiteMemento9 wrote: »

Nothing earth shattering in the Bomber Q&A. Just more of the same.

https://docs.google.com/document/d/1WOYHioqJ-54YOC8hiuj8YIP2_Kj6EUSXX5ttOSa4CnI/edit

When asked about how the refund to stolen accounts will be handled he said this...

Can’t say the specifics yet. Indicatively, a BTG token will be created, which will be 1 = 1 with NANO, that we will buy every month with 50% of the exchange’s earnings. It’s still possible that in the future a real cryptocurrency will be created from this token (maybe a NANO fork).

...sound familiar? hint:recently witnessed by someone doing an exit scam.

Can you guess who? ....answers on a postcard please.

WhiteMemento9 · 20-02-2018 04:27PM

The market doesn't agree. Nano currently falling off a cliff.

Shauny2010 · 20-02-2018 04:46PM

WhiteMemento9 wrote: »

The market doesn't agree. Nano currently falling off a cliff.

Its falling constant now. I believe at this stage the Devs are going to have to step in.
They need to do a fork of the network and return the coins which would mean adding 17 million more coins or just abandon the project and start from fresh

Tinder Surprise · 20-02-2018 04:49PM

Some big sales orders being put up..wouldn't be surprised if that cretin is behind half of them.

Could this cloud have a silver lining in that its the clean out needed to start again?

WhiteMemento9 · 20-02-2018 05:15PM

I have a buy order at 66. I didn't really think it would go that low when making it. I don't know whether to pull the plug or let it be taken. If this is Nano getting dumped on the market at any price then it will surely look like the bargain of the century in a few months. How ****ing low does it go though. There just doesn't seem to be any end to the selling.

I have pulled it out. Why bother trying to catch a falling knife.

SteelyDanJalapeno · 21-02-2018 08:50AM

Nano for Coinbase........?

NANO (ex RaiBlocks)

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