Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Goku01 on October 07, 2018, 09:53:27 AM
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What is your opinion about this Coin? is there any potential?
It was (and still is) a pretty awesome coin to be honest but maybe you have already done some research and found there have been a large array of problems with the coin.
Still, when the market conditions get better, you could really make some nice profit from NANO. Also, NANO has held its price nicely.
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overall I don't really follow the development of NANO coin, but I often hear it, and many of my friends invest there, I think NANO can be one of the good coins for investing there.
but if you compare EOS or NANO, maybe EOS can be the first choice after NANO.
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nano will have good potential, even though seeing the graphics on coinmarketcap nano has decreased, but for the current price it is good to be the best position and will definitely remain a potential coin in the future.
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I had some regret selling my nano coins before when it was still xrb before. I thought it wasn't that good but last year and early of this year nano take off with a huge leap at its price and become mainstream all the way. Now they are building it with more advance features so I can say they really have a potential for growth.
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Coin is pretty good because it has entered the top 50 coinmarketcap.
A relatively small supply of coins of around 132 million makes this coin expensive, around the price of 30,000 satoshi.
ref : https://coinmarketcap.com/currencies/nano/
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Nano hopes to become what Bitcoin, at times, struggles to be: an efficient, viable alternative to fiat currencies.
In Nano’s white paper, the cryptocurrency’s #DevelopmentTeam raises concerns over the practicality of Bitcoin as a common currency. The concerns are as follows:
Scalability issues have users facing high transaction fees, with a median fee of $10.38
Bitcoin’s high computational latency makes for an average transaction time of 164 minutes.
Bitcoin’s proof of work consensus uses an estimated 27.28TWh annually, an average of 260KWh per transaction.
Using its own block-lattice structure, Nano wants to succeed where Bitcoin has fallen short. The cryptocurrency promises to deliver zero-fee transactions in real time without the same work-intensive overhead and energy consumption as Bitcoin.
https://www.google.com.ph/amp/s/coincentral.com/raiblocks-beginners-guide/amp/
With the content of this article I guess NANO have good future that could be like bitcoin in case they perform much better.