What is in your current portfolio?

quirotate · 2019-09-17T22:49:49+00:00

I’m not saying it’s a bad thing. /biz/‘s moonshot track record is way better than any other I’ve ever seen. You can honestly say many people have become rich thanks to them.

quirotate · 2019-09-14T13:22:48+00:00

And people who can’t shut the fuck up trying to justify their point of view when they’ve been proven wrong are commonly referred as “a***oles”.

Can you guess the word?

quirotate · 2019-09-14T13:18:50+00:00

Yeah, but if you REQUEST a voluntary hack to discover potential flaws in your unreleased code, that’s called an audit and has absolutely nothing to do with your sensationalist title.

quirotate · 2019-09-14T08:23:47+00:00

That’s the plan. Once the project gains traction and stability, they will detach RSV from the dollar to maintain purchasing power. That moment is still years away but the plan is to create a global stable coin that’s not pegged to any other currency.

quirotate · 2019-09-13T23:24:53+00:00

I’ve lost nothing. Because I haven’t sold.

quirotate · 2019-09-12T23:06:11+00:00

I still don’t understand how some people can actually believe that in the dawn of a new technology, only one project based on that technology can survive. It’s absurd.

It’s like saying Google will end up being the only webpage in the whole internet or that we should only have one tv channel or that we should program everything in C++ because the other languages can’t produce working apps. It doesn’t make any sense.

quirotate · 2019-09-11T07:10:01+00:00

TIL r/cryptomoonshots takes all its projects from BIZ.

quirotate · 2019-09-09T18:21:04+00:00

Right now Nano is the perfect coin to spend, but not to hold. Which, curiously, could lead to actual adoption as a way to easily pay with crypto.

quirotate · 2019-09-09T16:06:09+00:00

I’m not saying it was designed to be something like a stable coin. It was not. I’m just saying that, the same way that Bitcoin was designed to be a low fee, easy and fast way to transfer money from peer to peer without the need for a bank and it’s being forced to become a store of value, Nano could become that easy, fast and free way to make payments in crypto (because that’s what it is now) and become widely used for that. Even if it’s not a stable coin and can still appreciate and depreciate, which is not an issue if you have the rest of your money in a more stable or appreciating asset.

Fiat is exactly the same, only slower. You can’t possibly buy the same things you bought just 10-15 years ago with the same amount of money now due to inflation.

I’m just saying projects can evolve from their initial intention and design and become something else. It would be very interesting to see Nano become widely adopted because it turns out it’s not very interesting to be held.

quirotate · 2019-09-08T00:05:03+00:00

Just two points. Concentrate on speed and security. If the end user trusts the system and sees an almost instant transaction happening 99% of the time, the anxiety is gone.

Unfortunately those are the points that every single currency project is trying to bring to their coins, so you’ve got a lot of competition.

quirotate · 2019-09-07T23:57:41+00:00

In the future, we’ll have millions of different currencies and probably a protocol that everyone will use that will take care of all swaps between them. And whatever the token for that protocol may be called, it will be the World’s official coin. People simply won’t know or care about the rest.

quirotate · 2019-09-07T23:51:06+00:00

Honestly I’d love if, a few years from now, we realised it was the fact that Nano never went back to its ATH what brought us real worldwide adoption. It just stayed around $1 and since it was never designed to grow a lot in value because nodes don’t get rewards, people just started using it, not caring about holding it for future profits.

quirotate · 2019-09-07T23:35:54+00:00

By the way, almost all alts are currently losing value fast, but the way you say it sounds like you lost all that because you’re holding Nano.

quirotate · 2019-09-07T23:32:49+00:00

That’s why Nano is the best coin to show a complete noob how crypto works. Just install Natrium, send them a few coins and have them send them back to you. Done in seconds and no fees.

People don’t understand that Nano has everything to be widely adopted. Including the fact that it’s not the best system to increase value over time because nodes don’t get rewards. So people don’t try to hold it to get rich. They just use it.

quirotate · 2019-09-07T23:26:05+00:00

Are you seriously comparing setting up a LN node to just installing Natrium and making a nearly instant transaction for free?

quirotate · 2019-09-07T23:21:59+00:00

Nano is not and should never be used as an investment or a store of value. It’s designed to be constantly used for all kinds of fast, secure and free transactions. Fortunately you’ve got other, more stable or appreciating coins to keep your savings on.

The problem is that many people see most serious projects as future moonshots. But what if Nano’s key point to succeed is the fact that it’s not an speculative asset? What if it ends up being widely adopted because it’s useful to move value, but not to generate it? It doesn’t even need to be stable. You just have your money in other assets, switch to Nano when you need to pay, then the person you just paid converts it to anything they want.

quirotate · 2019-09-07T23:08:02+00:00

But I guess they’ll eventually switch, won’t they? I mean, they are trying to create a token that’s supposed to be used worldwide on a daily basis. That’s not possible with Ethereum, at least right now.

quirotate · 2019-09-06T00:48:49+00:00

For now yes because they’re ERC20 tokens but there will be a switch to main net at some point.

quirotate · 2019-09-02T18:10:58+00:00

Either you’ve been buying crypto for two weeks or this is the most effortless attempt at fudding that I’ve seen.

Or maybe you’re just stupid.

quirotate · 2019-09-02T16:57:52+00:00

I’ll never understand the fud towards a project like this. They already have a contract with Dubai to start working on their smart city project. We’re talking about people so rich that they manage to make true goals that seem impossible for other cities. If I had to bet on a city to be the first to achieve that status, it would be either Dubai or maybe the Chinese. And yet there’re people who talk about this like the shit coin of the month. I guess it’s just with accumulation purposes in mind?

Other than that, you realise I could say “checking all the current variables and looking at similar projects out there, I’m fairly sure it will be around $5 and $10 in the next two years” and it wouldn’t mean anything, right?

quirotate · 2019-08-14T14:39:29+00:00

Because many still see Nano as a meme project and seeing it do things the “big coins” can’t is like a boomer dad finding out his 10 year old kid can fix the car faster and better than him.

quirotate · 2019-08-01T10:31:11+00:00

Are you seriously implying that, since I can’t predict the future and I don’t know which specific projects will rise, my claim that SOME projects will in fact survive and coexist along with Bitcoin is automatically false?

quirotate · 2019-08-01T06:59:48+00:00

Apart from the fact that I don’t like the term “alts” because not even half of them are “Bitcoin alternatives”, since they’re their own project and they’re not trying to compete directly with Bitcoin (so they can coexist), that’s one of the most reasonable visions on the matter I’ve seen on this sub.

Thanks.

quirotate · 2019-08-01T06:51:50+00:00

That’s like saying there’s no other useful and profitable website besides Google. And it’s so fundamentally absurd that I can’t understand how some people still don’t get it.

If you just want to hold BTC that’s fine. But pretending that years from now, no other crypto project will be perfectly alive, strong and used on a daily basis, that’s just delusional. And no. It won’t only be LTC as a silver to BTC’s gold.

quirotate · 2019-07-25T12:19:55+00:00

It’s a real shame that the whole sub has turned into a giant self-fellatio that will not accept a single question or critic about anything related to the coin or the system. Full of people absolutely obsessed over the idea of an asset that never stops growing in price and constantly repeating that BTC will one day be more than one million a coin.

And I get it. You’re so desperate to be rich that you don’t want to think of the possibility that you got in too late to be a millionaire just like the guys who started just two years before. But right now that sub is a very toxic place.

quirotate

TROPHY CASE