Just a massive pump and dump going on at the moment. Lots of tears coming up when people who brought in now see prices fall again. Nano is full of people who overreact and FOMO big time which is perfect for pump and dump. Tron made the pumpers rich and now they have made their way here. I wonder how many pumps we are going to see before they move on.
So by all means, FOMO, FOMO,FOMO and cry later.....
Pump and Dump? Could be, but I'm not so sure about it.
NANO's price has been falling for months from its ath (more than $30) to $0.8. Now it's rising back to a merely $3 and you said it's massive p&d? nonsense to me.
In my opinion, cryptocurrency should be a method of worldwide payment, and NANO is the best option for it. Which part is so overreacting?
NANO deserve more than this.
That is the reaction when someone sold his coins in panic without realizing the potential we see so many people who shouting like this. I think so this person sold and waiting to buy at low price but it start getting recovered and now he is looking afraid to miss this train.
Not sure if you are addressing me or the guy who quoted me first. Personally I almost doubled my stake in Nano at 88 cents so I am sitting pretty. I don't really care what the price is, I'm not buying or selling. I will watch and see if the price goes back to 88 cents, I MAY buy some more or maybe not. I certainly would not buy on this current pump since I think there will be a dump at some point. If the pump goes on a bit longer, I MAY sell to lock in some gain but maybe not. I am more of a hodler but may be tempted by some quick gains using a small percent of my coins.
All the evidence is there of a PnD and Nano is a perfect target. It has a reputation for super fast growth based on FOMO - see December rise. It has a following that is almost religious who can be manipulated. It has lost somewhere around 97% of it's ath value meaning followers are desperate to believe it is undervalued. It has a mythos that the coin is only low because of whales and not because of waning interest in it. Basically and PnD scheme would be stupid not to jump on this coin. PnD have huge resources available to them and with tens of million from them and the sudden surge by everyone else, of course we see record trading (and a lot of washing I suspect).
There is nothing wrong with Nano as a coin, it is an excellent coin and has a lot to offer. The issue is not whether the coin is worth this or that, the issue is whether the price right now is based on the quality of this coin or just a manipulation to make more money in an otherwise stagnant market.
