I had never heard of this crypto (Nano--XNO) until now.

I've researched some recently and perceive it could actually have some intrinsic value and purpose. Unlike most cryptos.

I like several of its attributes.

What Is Nano (XNO)?
Billed as "digital money for the modern world," nano is a lightweight cryptocurrency that is designed to facilitate secure, practically instant payments, without fees, and addresses some of the major limitations of both legacy financial infrastructure, and many modern cryptocurrencies.

Who Are the Founders of Nano?
Nano was founded by Colin LeMahieu, a heavily experienced software developer and engineer with a wealth of experience working for prominent tech companies, including Dell, AMD and Qualcomm.

Self-described as an inventor, LeMahieu has interests that range from space technology to physics and environmental sustainability, and is a well-known name in the digital currency space.

What Makes Nano Unique?
As we previously touched on, nano is designed to be fast. So fast, in fact, that most nano transactions reach absolute finality within less than a second — compared to several minutes or even longer for many other major cryptocurrencies.

This speed makes nano suitable for commercial payments, since merchants and retailers no longer need to worry about transaction delays when accepting payments.

Moreover, nano transactions are completely fee-less. Since representatives do not receive financial compensation for their efforts to secure the network, there is no need for a transaction fee. This makes nano an ideal solution for processing micro-transactions, since users no longer need to worry about fronting a potentially expensive transaction fee when making small payments.

These features are enabled by its unique architecture. Unlike many cryptocurrencies which are built on top of a distributed ledger known as a blockchain, Nano is instead built around a similar ledger technology called a directed acyclic graph (DAG).

This structure is highly reliable, and it can scale to support 1,000 transactions per second (tps) with the right hardware — without requiring an energy-intensive mining network to maintain its integrity, positioning nano as an eco-friendly digital payment option.

Where Can You Buy Nano (XNO)?
Since nano cannot be mined, the most popular way to get your hands on some is by purchasing it from one of the more than 50 exchange platforms that support it. Binance, OKEx and Huobi Global are currently among the most popular exchanges for Nano to crypto trading pairs, whereas it can also be bought with fiat on Kraken and Binance.US.




More later,

Asym above in post#863:

"...Get rid of your gambling attitude before thinking to play baccarat successfully

Whereas at poker an educated gambling attitude may transform a good player into a great player, at baccarat gambling must be completely tossed through the toilet with no exceptions...."



I agree 100% and along the same line of thinking.

IMO many players play with a very faulty gambling attitude. They play mostly to lose less.
An elder Bac mentor once stated it to me like this.

One should play to control losses and capitalize fully on wins. The common problem is that many feel the necessity to choose one or the other at the expense of the end goal. "To Win".

The majority of the ones who choose only one facet end up choosing simply to "play to lose less".
Thus, they end up losing by playing the WRONG game.



Continued Success,

Hi Albalaha

I like the idea of selecting only the top 20 or so cryptos if one is investing long term.

I track five of the more commonly accepted cryptos/ currently own a very small stake in BTC,ETH, and Doge. Though I plan on purchasing more BTC when it hits 14k.

Mainly because the following five cryptos are accepted by many precious metals dealers that I  do business.
I like to utilize crypto after it pops >=7% and then I buy precious metals, which obviously has a historically much higher intrinsic value and much less volatility.

The precious metal dealers (or any business) don't care how one makes a transaction as they instantaneously convert to U.S. Dollars. Generally, the best discount is to pay with an echeck, ACH, or Cashier's Check. As obviously they don't want to pay the banking fees/ clearing house fees from Visa and others. One of the main reasons I perceive cryptos and blockchain technology will never completely go away. Just an opinion.

Generally, when I use crypto it will be roughly 1.5% higher vs the three options above (Thus the desire for a pop up in the volatility of crypto). My best purchase was after a 13% crypto increase. That day it had actually popped up 16% but I couldn't get a buy in quick enough.

Five most commonly accepted: Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC), and Shiba Inu (SHIB). Other than the first three I don't perceive any others having but only the slightest intrinsic value as an investment. However, they can be used for other purposes, IMO.

Most also accept the following five USD-pegged stablecoins (GUSD, USDC, USDP, DAI, and BUSD) and Circle Euro Coin (EUROC) a stablecoin backed by the Euro.


Another reason to only invest in the top 10-20 or so cryptos:

How many cryptocurrencies are there? In short, there were over 9,000 as of 2023, although there were many more digital coins in the early months of 2022. Note, however, that a large portion of cryptocurrencies might not be that significant. There are other estimates of roughly 20,000 cryptocurrencies being in existence, but most of these are either inactive or discontinued. Due to how open the creation process of a cryptocurrency is, it is relatively easy to make one. Indeed, the top 20 cryptocurrencies make up nearly 90 percent of the total market.

Per the following link:

https://www.statista.com/statistics/863917/number-crypto-coins-tokens/



Continued Success,

I play here sometimes as its about a 3hour drive. The casino is over a mile long. Thousands of slot machines and though the following article suggests 100 tables it now has closer to 200 table games.

Personally, I prefer smaller casinos. This is near Southeast Oklahoma/Texas border. A safe town, with very little crime, along with nice dealers and locals.

https://www.500nations.com/casinos/okWinStar.asp

For some reason I can't figure out how to change a misspelled word/correct.

Tried to edit. Meant to say albalaha, owner of 2298 blockchain patents.

Meant to say above:

"...Plus, the majority of the main patent holders for all-things-blockchain, are owned by large banks and wealthy corp groups such as "albalaha" [/color]b](Not to be confused with our forums' albalaha, .



Meant to say albalaha, the B2B eCommerce platform that owns almost 2298 blockchain patents.

The following link is from youtube by a poster named Naser.
The title is: Baccarat-Banker or Player-Don't lose your money by thoughtless decisions.

Any thoughts?

https://www.youtube.com/watch?v=5qaP8uozlZQ



Continued Success,

Thx for post above Asym.

"...IMO best MM to exploit a small edge is to selectively wager huge amounts at very few spots (a kind of 'Bold strategy') or...

And Alrelax pointed out that it's wiser to 'press' the bets at the earlier stages of a positive pattern...."

I agree that if one chooses to live/die with a pospro then one should make their primary press earlier vs later. I'm a firm believer that much of our war with the casino is won by what the bettor is doing between wager #1 and wager #2. For we shall see the same length of Ws(and Ls) streaks, regardless of the size of our bet.


Continued Success,

Thx Vic. Does one need to register on the rouletteideas.com site to see/download the above referenced info??

I've lurked over there some in the past/read many of yours/albalahas' posts. I find both of your roulette ideas very informative.



Continued Success,

Thx Asym


Do you think a "more" extreme presentation of outcomes is more probable to present in a 6-deck vs 8-deck shoe? Why or why not.



Thx in advance,

Deleted due to error,kfb

Hi Albalaha

Thx for post above.

Bitcon today 8/18 ~~25,800 w a weekly (r=25,800--30,500).

This is the kind of volatility I was speaking of recently in an above post. The "intrinsic" value of Bitcoin didn't change this much. Though a lot of people made a nice profit this past week wagering on the fluctuations within this band (r=25,800--30,500). The larger (and likely the early investors) made money while the smaller (& likely the recent investors) panicked and will sell out of their positions quicker. The larger investors will "rinse & repeat" this scenario regardless of if Bitcoin is at 20K or 60K.


Alb

"...BlackRock, the world's largest asset manager with a whopping $10 trillion under management, has expressed its bullish stance on Bitcoin, highlighting the growing mainstream acceptance of cryptocurrencies...."

I would too if I just applied for an ETF(on bitcoin).

This ETF is a game changer as this will permit large entities(largest/earliest investors and countries,..etc) to manipulate (Affect price with a much smaller investment) on Bitcoin.

*This is similar to the current manipulation of the Gold markets with the GLD ETF. Entities that want to make the U.S. Dollars appear stronger (To siphon from countries with a weak currency) can affect the price range for the actual metal. It is important to note that for every 1oz of Gold in possession right now there is approx 30X as much "paper" ownership. This can continue until a high% or large ownership requests physical delivery of their Gold.


I guess my reservation on all things Bitcoin is that we as owners of Bitcoin do not get royalties or a tiny % from each transaction (like banks /credit card processors). Plus, the majority of the main patent holders for all-things-blockchain, are owned by large banks and wealthy corp groups such as albalaha(Not to be confused with our forums' albalaha, .

albalaha has approximately 2298 blockchain patents. The majority of the others are owned by large financial institutions such as JP Morgan, Bank of America,...etc.


**I bought bitcoin the last time it was approx 20K, immediately used the volatility to make gold/silver purchases (More intrinsic value /less volatility). I will buy again when it drops to ~~14K USD, rinse & repeat. Though I do acknowledge it could reach the range of 60K--120K prior to my hypothesis of 14K.


Just my opinions.



Good investing to all,

Hi Albalaha

"...(Bitcoin)is scarcer than diamonds and big corporates whales are into it, so it is not going to finish anytime soon. A big rise in prices is expected around bitcoin halving. ..."

    I hope you are correct. I do agree w you and think it will increase significantly in the future( and will also tank at times). Though IMO these huge swings in volatility won't be due to a sudden change in value.

An example:

Tesla (TSLA) bought $1.5 billion worth of bitcoin in February 2021 (about 4,200 BTC), causing a flurry of excitement in the crypto space. The company's CEO, Elon Musk, tweeted "#bitcoin," a post that resulted in a 17% surge in the digital asset's price.


Who owns the most Bitcoin?

https://cryptonews.com/exclusives/who-owns-the-most-bitcoin.htm



Continued Success,

Hi AsymBacGuy. That is certainly an extreme list of outcomes.

Asym above:

"...1) An entire shoe only forming singles and doubles (no 3 streaks at either side)..."

that's a crazy anomaly.
I've only seen one shoe in my life that failed to produce at least one same-side streak >=3 IAR.


"...3) An entire shoe not forming any single (but featuring very long B/P streaks).."
   
    I have never observed such a shoe. Nor do I recall ever hearing of such. You may have a Guinness Book world record on that one,  .



Continued Success,