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Stop shilling. And to have the galls to say something like Nano has the ability to take on Bitcoin just indicates that you very new to this market - and thus wa

Stop shilling. And to have the galls to say something like Nano has the ability to take on Bitcoin just indicates that you very new to this market - and thus want to make a quick buck by shilling your random shitcoin. The thing which Bitcoin has, and that few others can match, is acceptability from a large swatch of investors and predictable security/emission schedule. And, just fyi, Nano is not made of users. Go to its reddit and you will see everyone shilling it and having price targets on it. Stop giving such these weak arguments - most of us are in here for the money and don't give two hoots of the technology.

swagonomixxx 6y ago
> And, just fyi, Nano is not made of users. Go to its reddit and you will see everyone shilling it and having price targets on it. Not saying you're wrong, but this feels like every subreddit dedicated to a crypto.
- duskwuff 6y ago
  That's because the problem is endemic to the cryptocurrency space. There has been very little serious work done on making any cryptocurrency usable as a medium of exchange, even for projects which claim to have that as a goal. Speculation is about the only activity that's possible for most coins, so that's what people do.
Judgmentality 6y ago
> most of us are in here for the money This seems a little ironic after complaining about shilling.
- willis936 6y ago
  Is it? It seems pretty consistent with their "cut the bullshit" theme.
koonsolo 6y ago
The Nano reddit is split up because of this reason: You have NanoTrade where these things are discussed, and you have NanoCurrency where Nano itself and adoption is discussed.
zepto 6y ago
> most of us are in here for the money and don't give two hoots of the technology Given that the technology determines the timeframe over which you can make money, this seems like a weird position to take.
- fwiwm2c 6y ago
  No - not necessarily. IN crypto, it is quite possible to multiply your money when investing in altcoins - purely based on shilling and positioning with no technology to speak of. This is what the OP likely is trying to do here.
  - zepto 6y ago
    Fair point!
the_local_host 6y ago
What's wrong with shilling?
- fwiwm2c 6y ago
  Nothing wrong. But then be honest about it vs. actually comparing a nonsense shitcoin with Bitcoin - and misguiding the users
iameli 6y ago
> most of us are in here for the money and don't give two hoots of the technology. Nice to hear someone say the quiet part loud. Could you tell all the rest of the most-of-us to be honest about that too? It'd save me a lot of time in conversations where people refuse to consider any Bitcoin alternatives because they'd lose money if people started to switch.
matheusmoreira 6y ago
> most of us are in here for the money and don't give two hoots of the technology Monero's technology enables private and untraceable transactions. It's amazing and I own some just because of that property. Seems to be the only cryptocurrency that still aims to be an actual currency. You're right about the altcoins though.
- reedjosh 6y ago
  I love Monero. The transactions are fast and cheap too.
  - 4AoZqrH2fsk5UB 6y ago
    Yeah, I spent about $60 worth and the transaction fee was $0.0000113. That, combined with the privacy makes it seem really usable. I’d love a way to make cheap, private, digital payments
- gruez 6y ago
  >Monero's technology enables private and untraceable transactions Not exactly. The decoy inputs/outputs provide some plausible deniability when you look at a transaction in isolation, but over repeated transactions it gets gradually lost. It's not enough to pin you as a criminal with 100% certainty, but it's enough for the police to keep an eye on you and wait for you to slip up.
  - matheusmoreira 6y ago
    > but over repeated transactions Doesn't this require an exchange to provide external information? It is my understanding that it's impossible to correlate transactions using blockchain analysis alone.
    - gruez 6y ago
      >Doesn't this require an exchange to provide external information or a donation address, or a cooperative counterparty when you buy/sell something (think darknet market that got radided, or a payment processor that sells its transaction information).
ironman1478 6y ago
This is a bit off topic, but if you were here for the money shouldn't you just be in the stock market? It seems like the people who really try and analyze it (like in quantitative trading) do extremely well and if you don't have the time for that (who does outside of work), then mutual funds have a great return on investment and are significantly less risky and have a way lower barrier to entry. I am a bit ignorant on the economics of bitcoin (though I have built a miner and did all the merkle tree stuff), but its unclear how bitcoin is better unless you have a lot of capital already and can stomach the risk.
agumonkey 6y ago
People should be Giving Ada a Chance
dang 6y ago
Attacking another user like this will get you banned here. Accusations of shillage are not ok unless you have specific evidence and in that case you should be sending it to hn@ycombinator.com so we can investigate. Internet cheap shots about astroturfing and shillage are explicitly against the site guidelines because they're so common, so toxic, and typically so completely wrong. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html

swagonomixxx 6y ago

> And, just fyi, Nano is not made of users. Go to its reddit and you will see everyone shilling it and having price targets on it. Not saying you're wrong, but this feels like every subreddit dedicated to a crypto.

duskwuff 6y ago
That's because the problem is endemic to the cryptocurrency space. There has been very little serious work done on making any cryptocurrency usable as a medium of exchange, even for projects which claim to have that as a goal. Speculation is about the only activity that's possible for most coins, so that's what people do.

Judgmentality 6y ago

> most of us are in here for the money This seems a little ironic after complaining about shilling.

willis936 6y ago
Is it? It seems pretty consistent with their "cut the bullshit" theme.

koonsolo 6y ago

The Nano reddit is split up because of this reason: You have NanoTrade where these things are discussed, and you have NanoCurrency where Nano itself and adoption is discussed.

zepto 6y ago

> most of us are in here for the money and don't give two hoots of the technology Given that the technology determines the timeframe over which you can make money, this seems like a weird position to take.

fwiwm2c 6y ago
No - not necessarily. IN crypto, it is quite possible to multiply your money when investing in altcoins - purely based on shilling and positioning with no technology to speak of. This is what the OP likely is trying to do here.
- zepto 6y ago
  Fair point!

the_local_host 6y ago

What's wrong with shilling?

fwiwm2c 6y ago
Nothing wrong. But then be honest about it vs. actually comparing a nonsense shitcoin with Bitcoin - and misguiding the users

iameli 6y ago

> most of us are in here for the money and don't give two hoots of the technology. Nice to hear someone say the quiet part loud. Could you tell all the rest of the most-of-us to be honest about that too? It'd save me a lot of time in conversations where people refuse to consider any Bitcoin alternatives because they'd lose money if people started to switch.

matheusmoreira 6y ago

> most of us are in here for the money and don't give two hoots of the technology Monero's technology enables private and untraceable transactions. It's amazing and I own some just because of that property. Seems to be the only cryptocurrency that still aims to be an actual currency. You're right about the altcoins though.

reedjosh 6y ago
I love Monero. The transactions are fast and cheap too.
- 4AoZqrH2fsk5UB 6y ago
  Yeah, I spent about $60 worth and the transaction fee was $0.0000113. That, combined with the privacy makes it seem really usable. I’d love a way to make cheap, private, digital payments
gruez 6y ago
>Monero's technology enables private and untraceable transactions Not exactly. The decoy inputs/outputs provide some plausible deniability when you look at a transaction in isolation, but over repeated transactions it gets gradually lost. It's not enough to pin you as a criminal with 100% certainty, but it's enough for the police to keep an eye on you and wait for you to slip up.
- matheusmoreira 6y ago
  > but over repeated transactions Doesn't this require an exchange to provide external information? It is my understanding that it's impossible to correlate transactions using blockchain analysis alone.
  - gruez 6y ago
    >Doesn't this require an exchange to provide external information or a donation address, or a cooperative counterparty when you buy/sell something (think darknet market that got radided, or a payment processor that sells its transaction information).

ironman1478 6y ago

This is a bit off topic, but if you were here for the money shouldn't you just be in the stock market? It seems like the people who really try and analyze it (like in quantitative trading) do extremely well and if you don't have the time for that (who does outside of work), then mutual funds have a great return on investment and are significantly less risky and have a way lower barrier to entry. I am a bit ignorant on the economics of bitcoin (though I have built a miner and did all the merkle tree stuff), but its unclear how bitcoin is better unless you have a lot of capital already and can stomach the risk.

agumonkey 6y ago

People should be Giving Ada a Chance

dang 6y ago

Attacking another user like this will get you banned here. Accusations of shillage are not ok unless you have specific evidence and in that case you should be sending it to hn@ycombinator.com so we can investigate. Internet cheap shots about astroturfing and shillage are explicitly against the site guidelines because they're so common, so toxic, and typically so completely wrong. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html