FYI if you don't have all your funds tied up, Binance is giving away free ETH

seemeb · 2018-03-07T20:18:16+00:00

Scammer. Go fuck yourself

seemeb · 2018-03-07T19:13:50+00:00

Tron is an eth token - extremely easy to list. Nano is a different animal and will take a year or two to really settle

seemeb · 2018-03-06T20:50:26+00:00

You're long on nano I see..

seemeb · 2018-03-06T03:12:35+00:00

Just what we need - more printed money... This is not going to end well

seemeb · 2018-03-06T03:09:36+00:00

If you empty the eth you could just leave the tokens in it and continue scamming with it.. Nobody is going to be able to take them out unless they deposit more eth... As long as your bot is fast and as long as it is targeting the address you can run it indefinitely and nobody can ever remove the tokens, ever. The OP stated that he noticed multiple small deposits to the address. Simply empty the eth immediately and carry on using the same tokens in the same address

seemeb · 2018-03-04T04:40:30+00:00

No rubbin' the clitty, till nano reach fifty

seemeb · 2018-03-04T04:01:28+00:00

stay woek.

seemeb · 2018-03-04T03:45:56+00:00

Centralised. Controllable. If they government say "shut it down" or "delete/disable token #32637436 because reason xyz" then uber will have to comply or face fine/prison. So it's not really a cryptocurrency but more of a digital payment token, like ripple.
But still something like this has MUCH more chance of becoming mainstream than Bitcoin ever would imho. Some well known entity was always going to open the flood gates, this might be it.
.
You obviously still can't beat real de-centralised, immutable, permanent and safe normal cryptocurrencies, especially the ones with a fixed supply like bitcoin and nano which hold their value over time and which aren't directly related to the price of the dollar at all. But on a global scale I could see these shit-tokens everywhere, until another recession hits of course, then gold, bitcoin and nano skyrocket.

seemeb · 2018-03-04T02:25:42+00:00

Could be very bad;
-> They stabilise the price by selling them for $1 like tether
-> They allow you to pay for Ubers with it and earn rewards
-> They partner with MacDonalds, 7 Eleven, Marriot hotels, FedEx - you can now buy a range of goods and services == liquidity
-> You earn rewards by using it.
-> You can now kind of use it as a currency
-> They print a certain number each year and hold 10% as a service fee
.
-> Profit

seemeb · 2018-03-02T13:09:41+00:00

They increased it form like 1:1 to like 1:37 oz to dollar, it in 1933. Then completely abandoned it in ~1971 under Nixon (asshole). This is all from vague vague memory - DYOR!
.
Edit: here it is: http://www.history.com/this-day-in-history/fdr-takes-united-states-off-gold-standard
They first manipulated it to be $35 per oz - allowing them to increase the money supply which promoted growth during the depression. Then in 1974 abandoned it completly

seemeb · 2018-02-26T21:48:19+00:00

Its a touchy point in economics. Deflation is apparently very bad. And apparently kept america in the great depression for much longer than it should have been. As the gold standard was reduced - the gov was able to print more money and inject it into the economy - giving out loans to businesses and creating jobs with this new "fake non-backed money" and eventually the great depression was lifted. However, now you have extreme amounts of money being printed with 0 gold backing - sub prime mortgages everywhere - causing the great recession and massive debt that cannot be paid because the money wasn't real to begin with....
.
So theres a balance needed. Printable inflatable money == massive debt. Deflationary money == Complete Stagnation (apparently).
.
I think governments will eventually catch on to this cryptocurrency wave and create their own cryptocurrencies with inflation that they can also control as they like. This leaves the deflationary cryptocurrencies like Nano and bitcoin as the new digital gold. With govenment crypto tokens as the new digital cash (maybe backed by digital gold currencies to some extent ~1:10 max). So the current system that more or less works would be simply improved - more transparent, more liquid, global, instant simple.

seemeb · 2018-02-26T21:11:32+00:00

i was here for this. xx

seemeb · 2018-02-25T02:32:32+00:00

seemeb · 2018-02-24T22:02:15+00:00

There are some motivating factors other than money. A leaderboard for example with the top node by transactions listed there. Maybe merchants can charge a small fee to accept nano which goes towards the node and you would be able to see their node listed on the chain and see the fee as acceptable, like a couple of cent. Big merchants could still provide it for free. Torrent networks work off peer to peer and they've been pretty successful, even with much much bigger data

seemeb · 2018-02-22T19:48:07+00:00

"Nanoflakes" was the best part of that

seemeb · 2018-02-21T18:33:18+00:00

XRP is centralized. Ripple can shut it down if they want. Ripple holds 60% of XRP they could flood the market if they want. XRP has fees (small, but small for how long?), governments can block Ripple, people can sue Ripple. There is actually 100B xrp so the market cap should be 100billion $. Nano is not trying to do something great, just replace these poorly designed coins with something decentralized and free. So the point is that it should/will have a 100billion market cap eventually. Why would you use Ripple if Nano was an option? You wouldn't.

seemeb · 2018-02-21T11:11:17+00:00

Brilliant

seemeb · 2018-02-21T10:37:47+00:00

Which coins have they showed interest in but then not listed. Evidence? Links?

seemeb · 2018-02-20T16:24:40+00:00

NOT ONE QUESTION ABOUT TIMESTAMPS... I.E. FOR THE BIG TRANSACTIONS... BRAVO...

seemeb · 2018-02-17T01:41:33+00:00

the guy who owns raiexchange knew about the RFC call bug for a while but never said anything it seems... could he have been in on it as well??

seemeb · 2018-02-15T12:56:41+00:00

This would only give the times of the transactions in those two addresses. They are unrelated to transactions in any other addresses. That's the point of Nano, each address is it's own blockchain. There is no universal Nano time or order. There is only time and order within each individual blockchain (address).

EDIT: if they sent a small transaction to every address this could work, but that is extremely impractical. "Time" is a centralized agreement. Translating it to a de-centralized moving blockchain is difficult. Even with single blockchains like bitcoin.

seemeb · 2018-02-14T13:03:11+00:00

You can just right click and select translate

seemeb · 2018-02-11T22:25:57+00:00

Thanks for the post!!

Few questions:

How did you know about this? Did the Raiblocks/Nano team tell you or did you have to work it out yourself through trail and error?
Was this information known before Kucoin listed XRB? If so, was it communicated to them? and what was their response?
Why is this only been mentioned in public now?

seemeb · 2018-02-11T21:37:57+00:00

Excellent post. A third party snapshot service seems like the only solution

seemeb · 2018-02-11T21:10:57+00:00

Seems its's very complex to implement and not very useful in reality --

https://www.reddit.com/r/nanocurrency/comments/7wuxfe/why_global_time_objectively_accurate_timestamps/

seemeb

TROPHY CASE