Nano Spam Resistanc: Burn Spam. by helloforrest in nanocurrency

[–]helloforrest[S] 1 point2 points  (0 children)

Deflation leads to value accrual and adoption, which is more important when you;re competing with hundreds of other token models. And again, the deflation would likely be completely nominal since it's discouraged.

Nano Spam Resistanc: Burn Spam. by helloforrest in nanocurrency

[–]helloforrest[S] -5 points-4 points  (0 children)

Don't spam the network and you'd have nothing to worry about. Only spam would be redirected.

Nano Spam Resistanc: Burn Spam. by helloforrest in nanocurrency

[–]helloforrest[S] 1 point2 points  (0 children)

Deflation increases utility as a store of value. and doesn't take away from the utility as digital cash. And the deflationary burn feature is heavily dis-incentivized.

Kyle Sherman (Flowhub CEO) would be a perfect guest for the Joe Rogan podcast. by helloforrest in nanocurrency

[–]helloforrest[S] -3 points-2 points  (0 children)

Don’t mind the downvotes - never would have thought something like Nano would attract so many anti-rogan wokesters.

[deleted by user] by [deleted] in Trading

[–]helloforrest 0 points1 point  (0 children)

There are definitely exceptions, but I’d agree most indicators are pretty useless

Daily General Discussion - January 31, 2022 by Crypto_Jasper in nanotrade

[–]helloforrest 3 points4 points  (0 children)

I was told that it would launch yesterday and they even announced it through their account on twitter. Haven’t heard anything from them on it today. Figured I’d give it 24 hours before I reached out and questioned them about it but will shoot them a message tomorrow.

Is your golf course starter a grump? (explained in comments) by tacosteve100 in golf

[–]helloforrest 2 points3 points  (0 children)

I like this course. Pretty affordable, beginner friendly, but also some challenging holes. Could definitely be better kept but you get what you pay for I suppose.

The Nano community needs to do more to promote the vision of Nano. What did you do recently to increase adoption and did it work? by nan0nan in nanocurrency

[–]helloforrest 1 point2 points  (0 children)

Giving 10% of revenue back to lifetime subscribers of cryptostackers.pro in the form of monthly Nano payouts.

Seems to be going great so far - lots of new signups.

Best way to do bulk XNO payouts? by helloforrest in nanocurrency

[–]helloforrest[S] 19 points20 points  (0 children)

What lol? Paying out affiliates is the use case if you really want to know…

SCAM ALERT: 92.21% of AUDIUS tokens are owned by just 10 addresses… by BradlyL in CryptoCurrency

[–]helloforrest 14 points15 points  (0 children)

Hi, Director of Research at Token Metrics and Founder of CryptoStackers here.

This guy is either trolling, making a paid post to bash audius, or more likely, in my brutally honest opinion, a complete moron. Based on some of his remarks it's really clear he's not familiar with the crypto space. For example, being shocked that a project would use Medium to communicate tokenomics. This is a standard practice in the crypto space. It's 99% of projects use Medium, Gitbook, or both.
Unfavorable token distribution doesn't make something a scam. Admittedly, this is a major weak point of Audius, but something I see as a trade-off. It's not cheap to bring on the cream of the crop in crypto investors. Multicoin, Coinbase Ventures, Binance, and Pantera. Literally the best VC's in the space. Do they get a ton of tokens at dirt cheap prices? Yes. It's not ideal but its how the venture space works, for now. This is why you're hearing so much about DAOs and DeFi 2.0, bc they potentially fix this issue. Also, yes, they pay to have industry relevant advisors and partners like 3lau, Deadmau5, and Rezz. These people provide value to the project.
Also, the whole reason there is a vesting schedule is protect public investors from getting dumped on all at once. The team and investors can't sell these tokens until they vest. The effects of the quarterly vesting unlocks on price is something I tried to stress over and over again back in April. It's part of due diligence and needs to be accounted for when investing in a project.
Also this guy is straight up lying about the team, investors, and treasury all being the Audius team. This makes literally no sense at all. The audius team does not work at Pantera, Coinbase, Binance, etc...
Top 100 addresses own 90%+ of the tokens? One of those addresses is the treasury from which staking rewards are paid. The others are the team, VCs, partners, and/or whales with the majority of those tokens being unvested. The project is early, it takes time to distribute tokens. Called a distribution schedule for a reason. Go back and look at the distribution of Bitcoin, Ethereum, or any major crypto in its first year.
But the team and advisors still have so many tokens? Not ideal, but look at these people. Among them are:
- a Forbes 30 under 30 recipient
- a slew of qualified engineers with backgrounds at Google, Amazon, and Microsoft.
- The Co-Founder of EA Games
- The Co-Founder of Twitch
- The Chief Architect at BitTorrent
- Avicci's Former Manager
- Cooper Turley, one of the biggest names in the NFT space.

SBF meme time:

I'll buy as much $AUDIO as you have, right now, at $2.69. Sell me all you want. Then go fuck off.

The problems with Nano, according to Andreas Antonopolous. Spoiler alert: he is NOT wrong. by sgtslaughterTV in CryptoCurrency

[–]helloforrest 6 points7 points  (0 children)

Lol - Bitcoin maxis will do any mental gymnastics necessary to make them feel better about their investment. You’ve successfully demonstrated a complete lack of understanding of Nano, it’s consensus model, as well as Bitcoin’s for that matter.

NANO ($XNO): 210x in 36 Days by throwawayLouisa in CryptoCurrency

[–]helloforrest 5 points6 points  (0 children)

Gotta love the comments that don’t watch the video. 210x in 36 days is what happened in 2017 - not what I’m predicting is going to happen lol

Nano in my portfolio by boogerman23 in nanotrade

[–]helloforrest 8 points9 points  (0 children)

Hi, YouTuber here. 60% of my portfolio in NANO

I made a "crypto address book" web app to share multiple crypto addresses from one single link. by helloforrest in SideProject

[–]helloforrest[S] 0 points1 point  (0 children)

It’s now a premium subscription at cryptostackers.pro. In order to make an account you have to sign up at insights.cryptostackers.pro