Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XRB]Cryptocurrency's killer app: RaiBlocks micropayments
by
almost30
on 07/08/2018, 05:15:59 UTC
I'm seriously confused as of why this project is HIGHLY UNDERVALUED. Take a look at paypal, super expensive fees even when receiving money from others (my last fee was $6+ from people out of my country) while NANO in the other hand is completely feeless. Nano should be the universal payment method actually.

NANO is x100 times better than paypal in every aspects possible (kinda biased but well it's a fact, for me). The price is seriously madness right now, $2 for a gem? holy crap..

What do you guys might have driven the price to this low? any idea guys?



 
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I can only say that RaiBlocks was unique name and I like it, Nano is as you say fairly simple, generic name and does not reflect anything unique - we have hardware wallet Ledger Nano and we have some Japanese American singer with the same name.

But I do not think that the reason for such low price is in the rebranding, main reason is BitGrail hack and fact that thousands have lost coins there and not only coins but trust in the project. Also we've seen the evidence that someone was selling large quantities of Nano in last few months, more supply then demand and current BTC price = we get what we have now.




 Wink