Nanotec coin, what do you think ?

by **hjelp** on Mon Sep 26, 2016 2:12 am

There's another cryptocurrency, nnc coin (nanotec coin).

Anyone heard about it ?

by **KoolBak** on Mon Sep 26, 2016 5:31 am

National Numismatic Certification is NNC, the coin grading entity....nope, no nanotech. WTF would it do in a coin?

by **2dimes** on Mon Sep 26, 2016 2:24 pm

They are a research group.

http://nccoin.org

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by **tzor** on Mon Sep 26, 2016 4:02 pm

hjelp wrote:There's another cryptocurrency, nnc coin (nanotec coin).

Anyone heard about it ?

No.

Well not until now. :twisted:

I'll reserve the right to hate you later.

Here is a discussion about it on the bitcoin forum where they suggest it's a Ponzi scheme.

I've also looked at their promo video and I'm inclined to agree.

This is the direct link. Looking at the blog I see that they have some stupid auction system for purchasing the digital coins. But the whole system depends on a fixed supply that is deliberately designed to be far less than demand. As they say, a Ponzi scheme, the people who are buying the coins after the fact are supplying money to the people who bought them originally and if they can't find an equal increase in the demand for the product they probably wind up loosing their money. If they weren't boasting of a 10X projected increase I would say that this was a technical advantage, but that can't be the case.

by **mookiemcgee** on Wed Sep 28, 2016 3:41 pm

Decred is my preferred crypto currency, though bitcoin itself seems to be doing well price wise this last year.

by **hjelp** on Thu Sep 29, 2016 1:41 am

so, Nanotec holders in the top will change Nanotec coins to money as fast as possible then ?
Even though one could maximize withdrawals during period with respect to locked Nanotec coins and time locked (I've read that each deposit made will lock Nanotec coins during 12 months)
?