Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Nanite [XNAN] - X11 | PoS | HTML5/NodeJS | Point-of-Sale Software | Mobile
by
Nanite
on 10/11/2014, 18:07:43 UTC
By rough estimate, do you mean you expect xnan to be work 16000 Satoshi at the time of your launch?
Or is this # based on the current market price?


This is quite clever, hopefully there is plenty of inventory to backup the demand and drive up the price to the correct levels to match the costs.

Seems too good to be true.

As stated, there is limited stock at the start and we will be making sure that you are ordering an in stock or a waiting list item.

Soo wait a minute - why would someone need equipment to stake? Seems to me unnecessary. Also it doesn't take an economist to figure out with the inherently outrageous coming inflation keeping the price above levels that will make it profitable for the average investor seems to be a pipe dream.

(I mined some of these coins which is why I'm even here - but I don't like being surrounded by red flags)

My biggest concern is the wallet looks like a copy paste clone.(reminds me of flexible) I would update that immediately.


The mining equiptment is actually for mining Bitcoin (or SHA-256d clones) and is only as a working example of how our Merchant/Point of Sale systems work before open sourcing them.

Think of it as a working beta, that you can actually buy mining equiptment with XNAN.

Think price will fall to 2000 first.

ah well, it fell to 1700-1800

Indeed it has, and we are unsure what it will do from now. If the price keeps dropping the price for mining equipment will rise once our Merchant tools etc are ready to be tested.

Our current Market Cap is 19BTC (~7,000 USD) which we think is rather low, but who knows where we will go next