Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
doctorlw1
on 01/03/2018, 16:53:11 UTC
I downloaded nano windows wallet but it hasnt synced for hours . Any idea  how long might it take ?



Beware of that wallet, you could lose all the Nanos, if is not sync correctly!. I know people who have lost everything because of that crappy wallet. There is no official wallet yet for Nano, which is why it will not exceed $ 20, until someone serious, design a working and safety wallet. That is one of the weakest points of Nano. In addition, as it has no cost and few are behind its development, it has a very weak value. You have to understand that Bitcoin, for example, the great value it has is because there are millions of miners working day and night with a very valuable infrastructure, that is why it will always stay more or less up, but Nano being free, loses its investment value against other currencies. Beware of that  junkie/crappy (un-sync) wallet !  that is crap and it does not work!

That's not how supply and demand works, being mineable does not instill value into a coin.

As for the wallet, they have a working desktop wallet. The Nano desktop wallet is in beta, and no one recommends sending large numbers of coins to it yet. I don't know of anyone that lost large amounts of nano using the beta wallet, but in order to download it you have to apply so you are forced to know it is a beta product. I haven't even gotten an invite link to download it yet myself. So, anyone who lost money by sending all their Nano knowingly to a beta project is, simply put, not very bright.