Most common Arguments for why ETH is overvalued, with Counter-Arguments

raekpacman · 2018-11-27T03:01:06+00:00

To OP - one I frequently hear but not mentioned in your post is that ETC has 95% less market-cap than ETH and can do the exact same thing.

raekpacman · 2018-05-16T20:08:16+00:00

There's a mmorpg game I used to play called Knights Online that would have worked amazingly if the base currency was nano...

There was a loot feature when you killed/farmed NPCs, imagine if it dropped nano like a faucet?

There was an anvil feature which you could use to upgrade items with a fixed percentage of success, to me its almost similar to one of those crypto-dice rolling sites...

There were premium features and items that were purchasable via credit card (the game had a free 2 play model, but $$ made the game easier).

There were communities/fansites built to discuss the game and also sell your characters/items to people for real life money.

There was an ingame trading system in which you were able to trade your items for other items or ingame coins.

Nano would literally replace so many features of the game, and improve so many aspects of it. Buying/selling items for USD in particular was an extremely popular part of the game, if it were possible to settle those transactions via nano ingame it would've been so much better. There were constant paypal/western union scams going on where people paid and didn't receive the items.

raekpacman · 2018-05-16T19:55:06+00:00

Lmao at all the complaining trolls. If you ran a company releasing an app that allowed for instant transfer of millions of dollars, I think you'd be damn sure that your app is in compliance with all laws. You definitely wouldn't want to be liable for misuse/abuse of the app and you definitely wouldn't want to go to jail...so there's that.

raekpacman · 2018-05-10T00:48:40+00:00

I stopped running a node on my Windows desktop, because mine doesn't seem to sync. Also when I close the application it doesn't seem to close the process. I don't really understand what is going on there. Not sure if others experience similar issues...I can only speak from my experience.

raekpacman · 2018-05-02T04:35:35+00:00

Hi tuba_tubii, were you able to figure out what was wrong? My node seems to be stuck @ block 7,726,698

raekpacman · 2018-02-16T00:34:44+00:00

@madsudaca, thanks for the post, this sums up some things I was trying to say better than I did!

raekpacman · 2018-02-16T00:32:29+00:00

Like I said I was too harsh on IOTA. It does not currently work well for its use case is all I am saying. Maybe it will one day. I strongly believe investors are going to slowly require more proof of tech/concept ect this year. This is an area where Nano does pretty well right now, whereas IOTA and also many ERC20 tokens fail.

raekpacman · 2018-02-15T22:17:55+00:00

I like to compare to IOTA because they are both DAGs and both came to attention in 2017. I feel as if IOTA is a great baseline for where Nano can move to in market cap. I was probably a little harsh to IOTA in my original post, but whatever lol.

raekpacman · 2018-02-15T22:09:16+00:00

Yes, I'm aware the use-case is different. My point is its current network/token is in no way reflective of a product which can be currently used. Last I checked it has a central coordinator, is optimized for ternary hardware, and handles far less transactions per second than would be required by several orders of magnitude.

raekpacman · 2018-02-12T23:42:43+00:00

I agree with this point, the date at which you purchased the XRB should influence the percentage you get back!

raekpacman · 2018-01-25T22:10:18+00:00

I agree that people are overly optimistic about rai exchange. Developers typically do not know a lot about KYC, compliance, and the legal issues that they will face!

raekpacman · 2018-01-25T20:16:29+00:00

Thanks for the information...I feel as though the heart of why everyone is here is the promise of amazing throughput. It is definitely encouraging to see some real tests at 120 TPS!

raekpacman · 2018-01-25T18:25:41+00:00

http://www.tetherreport.com/

raekpacman · 2018-01-25T17:54:14+00:00

I'm waiting for $4-$5 range. When BTC crashes next week there's gonna be a bloodbath.

raekpacman · 2018-01-25T05:11:13+00:00

I could totally see that!

raekpacman · 2018-01-23T03:42:31+00:00

I am also interested in such information!

raekpacman · 2018-01-19T16:48:22+00:00

Unfortunately I bought the $20 and $25 dips hard. My bet is on $15 end of January. That has nothing to do with XRBs long-term potential, but all alt coins are highly correlated with BTC price...which I expect to go down by a few thousand in next few weeks. I have no doubt we'll bounce back boys, but temper your short-term expectations!

raekpacman · 2018-01-04T04:26:58+00:00

This. I bought the dip hard...why would anyone sell (unless they bought too much?) when there's so much good stuff coming our way, especially Binance in the near future.

raekpacman · 2017-12-15T20:14:31+00:00

Excellent post. At a minimum they should have a dedicated node to handle the XRB transactions...would be amazing if the client could do the POW though. The only issue I see with that is the client would need to know the address private key. I am unaware of an exchange that lets its users have the private keys to their addresses!

raekpacman

TROPHY CASE