I am more concerned with BTC's antics at the moment. Nano currently continually going against the tide but if bitcoin really drops off a cliff it could be abandon ship time

Complaining about other people quality of posting but posting only smug reply isn't the best method to fix something you complain about.

I certainly think tech improvements could come along and pass it out by the time it becomes relevant but it has built a real competitive advantage with the community already behind it. It is already next level tech in this space considering no miners are required.

The twitch thing while no huge deal is quite interesting. The community around Nano are so good at driving this stuff they could make something big happen from it. They are already organizing to try and get a few big streamers on board and the community will donate to get the ball rolling and word out. It may fall completely flat but it shows the motivation to make this succeed.

The devs have said they have been overwhelmed with requests to implement the product in businesses but are currently focused on the product itself. That may be all PR, I don't really know.



**** I sound like an awful shill and sorry if it comes across like that, I am just one of those people who felt like he had stumbled across something really great in this space when I found XRB.

If I owned nano and there was a big hack and my nano got stollen and the price was low I would probably buy nano since the nano I owned was stollen. I would probably buy it again after the hack when the price is low.

And when you say stuff like this you're talking about nano and not Bitcoin? You realize the irony in that statement right? The "community" behind it is a result of it being heavily shilled in crypto spaces online, the crypto community. That isn't any step closer to public adoption than dogecoin. In fact more people have probably heard of dogecoin than nano. When it stops it's reign as the reddit shill coin of the month over half of that "community" will move on to the next one, it's happened time and time again. It doesn't mean the fundamentals are any worse off when that happens though, for sure. Those are the best opportunities to buy usually.


Yeah it could be it could not, the tweet about Coinbase with the emoji sure stirred up a decent amount of the current price movement id say.

Eddy saying "with any quick doubling make sure you're not overweighted" is reasonable advice. It still has nothing to do with NANO itself but is a useful reminder. Saying "this token went up a lot yesterday so we should probably sell it today" is baseless nonsense.

Classic business types struggle with crypto because they only see EBITDA. Crypto noobs struggle with crypto because they never look at value or EBITDA. Make sure you're talking about something tangible that actually reflects a strength or weakness of a coin. Once you start getting into vague meta analysis the odds of you having the requisite knowledge, insider info and instincts to look at "The Market" are very slim.

It's like trying to focus on live reads when you haven't even figured out what makes a good starting hand in the first place.

No, I was comparing the advantage they have over new movers in the crypto space that come along with better tech as a result of that already existing community base. I never mentioned BTC.

I will say that I think BTC looks like dinosaur tech in comparison just for the mining needs of BTC. I feel like I live in an upside down world when looking at the two objectively but I understand first mover advantage is massive and can be the deciding factor no matter how good the competitors that come along.

Decentralized consensus is not free. The zero fee tangle coins sound like perpetual motion machines, but their consensus systems don't really work without centralization.

That is Iota, not Nano.

I'm not subject to us taxation over every transaction in France and I doubt most countries in the world are either which definitely will factor in the discussion and something I'll overlook for us traders.

My main point was that nano pumping when everything else was ****ting the bed didn't require high level analysis. Nano was an obvious exemple not that I have anything against nano.

Nano is falsely advertised as free and infinitely scalable.
Every transaction generate a proof of work which have a cost. They move some costs on users which might be super reasonable and sustainable but until we see some real usage that prove it and that they don't have huge security issue I ll remain in the sceptical camp.
Not much information for now appart from a slow integration on exchanges and a big delay before kucoin allowed withdrawals it doesn't look that easy.

Ok yeah, it's a different sort of directed acyclic graph, whatever. Hadn't really looked it up before. As people always compared it to IOTA, I assumed it was similar but developed and run more professionally. Now I see it's a proof of stake coin. That doesn't work either but for different reasons. It might enable it to pump for longer however.

Proof of stake node side and proof of work client side if I understand it properly

It must be nice to offer opinions on things you have done zero research on.

https://twitter.com/Litecoin__News/s...60128780947456

So, what are everyone's biggest bags? Please add @ what price in sats you bought them for, reasonings/goals wrt your bags would obviously also be great. I'll start with mine, full disclaimer: this is not financial advice, my investments are very small & I've only been in crypto for a few months. Just looking to get a discussion going

% wise of portfolio

20% BTC (bought at $6.2kish) - only using for swingtrading and daytrading, none of this is for holding purposes and it's basically always locked up in buys

15% ETH (no idea about avg buy) - also only using for swing/daytrading, but I like eth as a hold too and have consciously tried to accumulate more and more via daytrades instead of dealing just in btc. Wouldn't be shocked if the flippening happened at some point and ETH mcap surpassed BTC.

10% DVRS (avg buy prob 250sat or so) - staking at a ridiculous ROI rate, stack basically doubles every 4 days. Keep dumping profits every other day, already more than freerolling the whole bag. Would expect the price to tank & I know next to nothing about the coin's fundamentals, so ya this is only for staking purposes. Do not ever ever ever market buy this coin, there will be huge dumps on a daily basis. Do not ever ever ever buy unless you're staking

8% OMG (bought @53k sat, now 175k) one of the absolute best projects out there and about as safe of an investment as they come in crypto. No comment on current price, but I'm not really a holder and I think this is the only coin I have where I've taken 0 profits. Moves really slow, not expecting any massive pumps but trending upwards imo

8% UBQ (average buy ~26k sat, now 23k sat) my bag is bigger than I'd like as it keeps dipping and I keep averaging down by buying more. Pretty undervalued platform token imo, but the chart also looks like **** so I might go bankrupt on adding more and more before it shoots up

6% MTL bought @38k sat, now 41k sat. Got too much of this tbh, but chart looks great and probably won't go too south with Richard Branson's endorsements. Seems like a good project. Got delisted from Bittrex because of some legal bs that caused the initial dump. I've got high hopes for this, but also think it's fairly risky and in a perfect world I've have a lot less MTL

6% Waves bought @56k sat, now 63k sat. Slowest market maker ever, most boring hold ever. I like the project and it's probably a fine investment, but someone with better crypto knowledge could use his money a lot better imo since Waves doesn't really seem to move anywhere ever

6% Zec, bought @3860ksat, now @4000k sat. Looking to add a lot more zec+xmr and some smaller privacy coins.

The rest of my bags are in the 1-2% range: DBC, AGI (AI coins, I like DBC a lot better at current prices but AGI will always have bigger pumps because of Sophia, DBC's marketing department seems terrible at their job). THETA (streaming platform), CAT (hoping it can challenge BAT at some point, keeps dipping like crazy tho), BLOCKV, ZPT, ARK, AION, SYS, TNC, CND. Also building a couple of other bags but not done accumulating yet. Want some XMR, STRAT, LINK, LTC but keep failing to find good entry points.

XMR is probably going to be hard to find a good spot from this point as it has a fork coming up on the 14th of next month. Hard to know how much of that is priced in at the moment.

Yeah, that's the reason why I started my privacy bagbuilding from zec. I hate fork stuff, I never know how to evaluate them pricewise so I'd rather wait and see where the price stabilizes at. I think it's a pretty good coin to own in general tho.

It has the same USP so it suffers from the same fundamental problems. I don't have to know the specifics to know that it doesn't work.

Yes, forks are a major attack vector on Monero's anonymity features. If the fork get's enough traction, the anonymity on both chains is pretty much gone.

Why no supply chain coins? WTC is my largest bag, seems promising

Do I need to get my XMR off binance for the fork? Haven't heard anything about it

WTC was one of my first coins, bought it around 50k sats in December and dumped my bags at 300k-ish when it peaked. Haven't looked into it since, seemed like a good project tho and I'd kinda forgotten about its existence. I like Ven too, but I'm not really interested in either @ current prices. This is just personal preference tho, I like hunting smaller caps

I assume this is good?

Not an expert, but as far as I know if it's considered a utility, there's a lower chance of regulator scrutiny or something like that, in comparison to a security.

I reread the tweet and considering no one else report that i'd bet it's baseless.


Small question, if bitcoin and litecoin both are LN compatible, would i be able to open a channel with litecoin for low fees, fund my channel with bitcoin from an exchange through lightning to pay something with bitcoin while never doing any transaction on the bitcoin blockchain ?

Same scenario but with an atomic swap node where i fund my channel with litecoin,exchange on lightning pay with it in bitcoin and close my channel in litecoin ?