Are fundamentals only important if one is opting for a long term HODL strategy? Are fundamentals even important at all?

Nano is shit and you need to let go of those bags. Celo does everything nano does plus more, and even celo is shit. Nano is a reddit coin.

STFU Nano has stood the test of time for a reason

Imagine holding this raiblocks scam coin. Hahahahaha KYS Reddit

You have to go back

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I honestly think people who believe in nano are the dumbest people in crypto. By a mile.

They cite "fundamentals", yet the coins use is extremely limited.

I am kind of with I want to believe fundamentals such as true decentralization, permissionless value transfer, immutable transactions, instant sends and receives, and zero fees on a highly scalable network will eventually create value, especially due to the value saving potential technology like this can offer, but all I see in the crypto market in regards to gains is hype, speculation, and hefty promises of things to come.

Nano can't be exit scammed, the devs only kept 5% of the supply and of that have only 0.5% of the total supply left. Even if the devs completely abandoned the project, it would still function, first because the protocol is and has been complete (they still are working on increasing speed and improving scalability, but the deed is and has been done for some time now), and secondly because the way the nodes are spread out and hosted by the community would allow any approved update that reaches consensus to be applied to the network.

I have hope, I just don't have much faith that it will happen anytime soon, not while hype still owns the space. That is my other complaint about Nano, the devs aren't treating it like a product to sell. Rather they look at it like technology to be developed. Like it is the next http:// or something like that.

They are a cult, and their sphere of influence is entirely on reddit which is full of brainlets. Nano is not on any major exchanges, its not an erc-20 token so it has its own wallet process. To actually use it is a very complicated multi step process.

They love to talk about the fundamentals of how fast and cheap it is but they miss the biggest issue of all which is that nobody uses it, and its not easy to get people to use. Im not sure if anyone has some current metrics but im willing to bet theres only a couple thousand diehard fans actually using this and there isn't any real growth trends. In every sense of the word its a dead coin.

Actually Nano is on Kraken, Binance, and Binance.us. I do agree most of the community is on reddit or uses discord. There are no funds used to hire shills and in general the community and devs look down upon guerilla marketing... which is a failure in my book. I run an online business myself in a competitive field where vendors will do anything to get ahead, even cause their rivals to lose the ability to process credit and debit card transactions (which led me to Nano when I heard about it here when it was still known as Raiblocks). Anyways, what I have learned is that to succeed in a competitive marketplace you need to pull our every stop, and I really do not feel the devs have this level of business acumen, and that looking down at such measures ultimately is shooting oneself in the foot. You have to eat, breathe, and shit the desire to succeed and win, letting it envelop you completely. If you don't, you will get left behind by those who do. And this is why I think Nano has done so poorly since its initial pump, because the devs just do not have this mindset. They have the mindset of devs, and proficient ones at that. But how many times have you downloaded free software from the net, the best of the best, only to find it is hosted on a website that looks like a pre-2000 era Geocities template? Developing good technology, and marketing and selling it, are two completely different beasts. I wish they would care more about the latter.

I'm not sure, but my opinion is that the devs ran off with the money. Do you know what the status of the bitgrail lawsuit is? It's difficult imagining the developers do anything with this project after the fancy cars and mansion is bought. Most of the recent fundamentals have not been related to the technology, only things like diversity and inclusion. Also, instant and free transactions aren't enough in 2020.

To your second point, it actually is quite easy to use. You just need to download a wallet (natrium.io) is the easiest to use. Then just send or receive. Here is an example: youtube.com/watch?v=iKt9KepQQF4

Post a Nano address and I can send you some right now, it is usually fully confirmed in less than a single second.

The lawsuit and Bitgrail hack was very unfortunate, but the devs had nothing to do with that. As far as I know, Bomber (The owner of Bitgrail exchange) is being held responsible and there are 4 million nano being kept in a victim fund that will be sold off when the case is done with. I like to think these nano will not be market dumped, but rather sold to a private investor, such as an exchange that thinks it can pump it. Who knows though, the situation is very similar to what happened with Bitcoin on Mt. Gox.

You need to go back.

>the devs had nothing to do with that
Are you sure about that? From the pictures I've seen it looks like the devs have a really lavish lifestyle.

I don't know how anyone can look at the nano chart and think anything good is ever going to come from it. There are cryptos that are less risk, higher reward that have never really pumped that should be in the top 10. Nano is a losing proposition.

They kept 5% of the supply and have been selling it off, they are down to something like 400,000 Nano out of the original 6.5 million. Nano was $37.00 at its peak, so they without a doubt are millionaires from that alone, as I am sure they have been selling from between that price and the current one. I will keep that in mind, but I don't think they are living any better than any other successful crypto devs, not enough to raise suspicion anyways.

So you don't think they might have sold at high prices on Bitgrail and withdrawn before the hack was known publicly? Also, would like your opinion on how the technology is better than any other fast settling low fee coin in 2020.

I don't think they had anything to do with the hack, no.

The tech is better because it can scale and handle quite a high amount of tps. Other fast low fee coins are either centralized or will eventually run into problems with scaling. I feel that Nano is the most 'future-proof' crypto in this regard, and if crypto is to reach adoption, it will need tech that can keep up with high demand and high use.

Why because Colin is a good looking dev who happens to be together with a beautiful woman? George seems to be the nummer 1 fud case here on biz. From all I see the devs live a pretty modest life. I always get the feeling that NANO doesn't succeed because Coinbase refuses to list it. Same as other industries don't want better products to succeed to keep the moneyflow going auch as the battery industry for a long time.
They are not interested in the best competitor for BTC for a reason. No mining and no fees with Nano.

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I think he has his head on straight for the post part. Red pilled on at least half of the JQ. Too bad only the obvious half though.

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You should probably sell. I dont need filth becoming rich. Be gone pajeet

Not a chance. I am a top 200 wallet holder and the user that gave away several hundred nano to different anons around 6 months ago right before the last rally to $1.30. I am holding for the long term. Just pointing out my thoughts on the matter is all. I think Nano is a good bet, but be honest, it is still a bet.