Topic: How mighty NaNo (XRB) has fallen? (Read 98 times)

It hasn't lost its touch and I definitely agree to that. However, the thing that I would like to happen for Nano is to be directly used in popular exchange desks such as Coinbase, which I mentioned from above post. I believe that it wil regain its glory once it came true.

So far, I like what I'm currently seeing and I do hope to stay that way for a little bit longer as I'm still collecting funds to compound my investment on it.


I don't think that BitGrail is a scam. They just implemented a KYC policy which prohibits users (makes life even harder) outside of Europe. It just happened that majority of the accounts where outside of the said continent.

The fundamentals of Nano haven't changed. It is still blazingly fast and incredibly cheap to transfer, which you can see for yourself if you set up a Nano wallet.

The entire market crashed, and Bitgrail turned out to be a scam. Neither of these things were the fault of Nano or its team. In fact, the professional response of the Nano devs to this scam make the coin seem even better.

Nano is a solid coin.

This is self explanatory. As a trader or investor, you need to be focused on finding the right gem at the right time. If you aren't into this stuff, don't consider yourself such one. In this kind of business, you have to risk a lot and hope that luck will be by your side in order to gain big.


I admit, I'm comparing it when the price was at an all time high. If you are really looking at the charts and studying its market price history. It stayed at that range for almost two weeks! For a coin that suddenly goes up, it's pretty rare to accomplish that kind of feat. Also, you doing your math? It's pretty obvious that it decreases for almost 50%. Do you still think its low?

AFAIK, it wasnt the team's problem. the way i and many others saw it wass that Bitgrail was locking funds unnecessarily and the owner was being a tool and being dishonest with the nano team and the community. the NANO team made a response to it in a medium post. i've been following the devteam for quite some time and they have shown only integrity

The first time I saw XRB he had only $3. A few of my friends asked me to buy XRB, but I thought the price was too high, so I didn't buy it. When the price went up to $30, I regretted it.

Don't believe anybody on Coinbase rumors because they have been saying that about a handful of coins now, I will believe the add when I see it. And as for that parabolic rise, well it couldn't moon all day and night now could it? It had to snap back to reality and that is all you are witnessing now, nothing special. Maybe it will pump again but don't get involved based on some rumors, the hearsay will kill your bankroll.

Wow, sorry to say but you are approaching this totally wrong.
Why are you so focused on finding the "next big thing?"
Also, how has the mighty nano fallen?
You are only comparing it from when it was $30.
Expand a bit and realize that during that time, EVERYTHING was pumping and now, basically EVERYTHING is down.

Look at the history of raiblocks/nano, and you will see that it is fantastic.
Compared to what it was going for just a year ago, $10 is absolutely mind blowing.
And it was able to hit a high of $30 for a good reason: it is a fantastic crypto.

What other coin offers zero transaction fees, is lightning fast and fully scalable?
Not the ones that promise to do it, but the ones right now that can do all of it?

So just be patient, yes buy into it if you believe in it.

NANO has been very volatile in terms of its BTC value for the last 4 months or more that I've followed it. The BitGrail hack/scam situation was pretty bad for NANO, as well as myself who had funds on Bitgrail at the time. The NANO team doesn't seem to care about the stolen funds and has decided to put it behind them and have all the blame and solutions be someone elses problem.

On the bright side, NANO having instant and free transactions, and now being integrated to twitch, leads me to believe it will be successful in the long run. NANO is down, but so is everything, especially the majority of alts. If the alt market pumps again, I see no reason that NANO won't greatly benefit from that. Now may be decent time, but we can't know for sure if the market will drop more or turn around tomorrow. IMO, if it drops below 0.001 BTC it is a great deal. Right now it is 0.00117247 BTC

anyone have any updates on RaiBlocks exchange and when we can get our trapped funds out?

I just watched nano's price on binance, it is about ten dollars or so.
I admit that there is a great technology behind nano, but I cannot accept that he has risen so many times within a week.
I think all such coins that are quickly pulled up in a short period of time are dangerous and far away.

Up until now, I still can't forget the feeling of regret when I did not invest all my money in RaiBlocks (XRB). I haven't forgotten my reaction when its market price rose over $30++

This is one of my worst trading decision ever. My mistake leads me to search for another coin that has the same capability of growth like the latter. Unfortunately, as of this writing, I still haven't see one, even those belongs to the Top 100 list at coinmarketcap.

I gave up after a few weeks and decided to hold all investment since I am busy with my work. Also, to forget the pain of my mistake.

Few weeks past, I roamed around crypto sites and was wondering how RaiBlocks is doing. To my shock, its market price dipped down at $10++ and continued my internet research as to what possibilities it causes to happen.

As per TNW (thenextweb):

"RaiBlocks has lost 20 percent in value after exchange desk BitGrail suddenly announced that its platform will soon suspend support for non-European users.

An announcement from BitGrail claiming that, due to KYC-related legal complications, the company will force non-EU users to shut down their accounts"

Rumors is that, one of the major reason why it suddenly went up was that the creators of NaNo (RaiBlocks) might add it to one of the considered popular exchange desk Coinbase, as lot of seed investors work on the same mentioned site.

If this rumor turned out to be true and the reason why it was halted was due to shift of plans by the dev team and continuous improvement of NaNo, do you still expect that it will regain its form and surpass market performance in the past?

Will you still wait for another dip or invest now?

Let me know your thoughts.
_________________________________________________________

Source:

NaNo (XRB) Market History ---https://coinmarketcap.com/currencies/nano/

NaNo (XRB) Article --- https://thenextweb.com/hardfork/2018/01/30/cryptocurrency-raiblocks-bitgrail/?amp=1