Topic: NANO formerly known as RaiBlocks (XRB) is going to be a top 10 coin - page 11. (Read 31437 times)

RAIBLOCKS  (XRB) is amazing.  It is what a crypto currency should be.  Once you use it, you are in awe and want to buy as much as you can when you see it at under $5.  It seems that is what everyone does because it like $0.10 a few weeks ago.

It was designed for one thing and one thing only: to be currency that allows the transfer of value.  It does that better and faster than anything else.  Yes, even faster than a centralized bank coin like Ripple (XRP) with it's validators or IOTA with it's centralized coordinator.  It's amazing to have multiple monitors and watch yourself send it from and exchange and get it in in your wallet at the blink of an eye.  

I only hold a few coins long term (BTC, XMR, ETH) but this got me hooked right away.  How is this not a top 5 coin right now?  It's already doing what Lighenting Network promises right now!  Imagine once the major exchanges have it, it'll be the standard way to transfer value from one exchange to another, instantaneously and without fees.   I think this gives it the greatest potential for real world adoption in crypto once there is a mobile wallet that connects to a remote node.  

It has some issues like the desktop wallet has trouble syncing and you have work around that.  There are also open questions about how it would handle spam transactions.  But it's amazing that RaiBlocks has jumped into the top 50 without shilling and hype and only available in 2 tiny exchanges.  When this hits a major exchange or two this will be a top 10 crypto.  With further development and better UI clients/mobile client and some marketing, Raiblocks could be a challenger to the throne.  

Also one of the great things about XRB is that it was fairly distributed.  A lot of people earned their Rai solving captcha.  It seems there were Venezuelans doing this and it's great that the meteoric rise in value is going to some who acquired them.  

I usually don't get excited about alts because almost every single alt is hype, a scam or not a working product.  But having a crytpo provides utility and does a single thing like magic has gotten me excited.  

Binance was supposed to list it, but why is it being delayed so much?

As I know Raiexchange is coming and close to launch https://rai.exchange/. After Binance lists XRB it will go to another bull run. If you have technical question better to ask on their subreddit.

It said:

"Cryptopia's reason for delisting was mainly due to several different factors, but here are the main ones:

1) new users deposited very little XRB, lower than the required amount that was required for deposit. people were confused where their deposits went, this resulted with a ridiculous number of support tickets

2) angry captcha miners decided to give death threats to staff members when their $.02 of XRB didn't get deposited"

**I bet Cryptopia wouldn't mind that volume XRB has been generating lately when the exchanges are up!
 

RaiBlocks is a Top 20 coin without a working exchange (unheard of). The more transactions happening on the network the faster they become. There are no fees and no limits to how much you can transfer. Completely Decentralized with own blockchain so nobody can ''freeze'' or touch our assets. The Dev's and community are always active answering each others questions and this is what bitcoin was when it was starting. Rai did not market anywhere except word of mouth. December 13, 2017 exactly one month ago the coin cost $3, it is $27 USD today; and it's about to hit every major exchange. Once this hits the Asian market expect a price increase. BTC takes 60 minutes to move. I buy LTC, transfer and buy BTC if that's what I want. I think Rai could be the transfer currency of the future. Who doesn't like fast & free?

Rai is fundamentally flawed since it's inception. Unlike the other two DAg cloins (iota and byteball), Rai is essentialy BTC without the blockchain. What it looses by doing this is the double spend protection. Essentialy Rai is vulnerable to man in the middle attacks that could double spend like crazy, which is probably why cryptopia dropped it a few days after listing.

You can read further about these problems here: https://bitcointalksearch.org/topic/block-lattice-1219264

The dev of course is sticking his head in the sand and denies everything. Read the whitepaper, compare it to bitcoin and you will understand.

Since Rai is comparable to IOTA in tech, I don't see why the investors who put a 12B market cap on IOTA wouldn't see Rai as being undervalued sitting at 3B.

At best Rai surpasses IOTA. At worst Rai matches IOTA market cap, but who thinks it should be sitting at 3B when IOTA's at 12B?!

It doesn't make sense. This is an undervalued asset as long as market exposure is there. Binance is a start.

Since Rai is comparable to IOTA in tech, I don't see why the investors who put a 12B market cap on IOTA wouldn't see Rai as being undervalued sitting at 3B.

At best Rai surpasses IOTA. At worst Rai matches IOTA market cap, but who thinks it should be sitting at 3B when IOTA's at 12B?!

It doesn't make sense. This is an undervalued asset as long as market exposure is there. Binance is a start.

That's kinda an egg and chicken case. If the coin doesn't have large volume, nobody will bother to accept it as a payment, or create applications that use it. but, in order to increase it's popularity and volume, there needs to be partnerships with other companies to make this token usable. so, it takes time, but eventually if the technology is good, it will grow, and you will find ways to use it, but if you wait for it to happen, the price of the token might be very high, and you'll lose the potential profit you could have made if you buy it now.

It will get recorded on Binance soon, that may be a better than average push for this task. In this manner my inquiry, since that could occur in the next days. I was considering offering some XRB to utilize those assets on different coins, yet it would appear that this is the ideal opportunity to hold or even get some more.

Why are they paying out bug bounties in XRP instead of XRB. Seems like a missed opportunity unless it bespeaks of their lack of confidence in their own product.

That's kinda an egg and chicken case. If the coin doesn't have large volume, nobody will bother to accept it as a payment, or create applications that use it. but, in order to increase it's popularity and volume, there needs to be partnerships with other companies to make this token usable. so, it takes time, but eventually if the technology is good, it will grow, and you will find ways to use it, but if you wait for it to happen, the price of the token might be very high, and you'll lose the potential profit you could have made if you buy it now.

Related to security they did start a bug bounty program. White hats will get up to 10000 XRP if they find vulnarabilities.

https://medium.com/@clemahieu/announcing-the-raiblocks-bug-bounty-program-b7185711bd52

Sure, XRB is great. Its technology also. But where does that get it if no one uses it? At the end everybody might hold XRB and then realize that no one uses it for anything. It's missing real life adoption.