We've kinda hit an impasse because I've tried to answer this same question from you a bunch of times already. So I'll just leave it at this-acetate will grow bacteria in every single tank on the planet, and it will sequester nutrients in every tank on the planet. Do you think it is because every tank on the planet has the same bacterial strains, or not?
So I'm going to address the significant degree thing in a second here, first I just want to get back to info that the readers of a nitrate thread want to hear.
First thing to introduce is the fact that our tanks are carbon limited so we get significant (measurable) nitrate production. Depending on your methods of care you might run from hobby test 0 to some people running like 100 or more. So if we just glance over at the concentration of nitrate on a nice pristine reef in Curacao for example it is about 0.5uM because the ocean is nitrogen limited. This is equivalent to 31 ug/L or 0.03 ppm nitrate. A zero on that trusty hobby test, even the lr one Hanna just came out with won't detect this level with any accuracy. So if you're running a conservative 5ppm or so that is 167x the level of a reef. This is a massive difference and which for some reason on here people will argue doesn't matter even while scientists in the field are trying to figure out ways to block fertilizer runoff from destroying reefs around the world. Why are they destroying reefs, well apparently it's not just eutrophication in the direct runoff but there is others variables at play such as in the above paper which implicates higher nitrate levels with coral bleaching under thermal stress.
quick digression about eutrophication:
So when
@Dan_P says raising nitrate levels for cyanobacteria does not control mat forming by the mechanism stated, well I agree, it's a complete red herring. If you look at tone of the big massive issues with fertilizer runoff is the uncontrolled growth of the cyanobacterial population and the release of toxins to the surrounding areas. So which makes more sense? Adding nitrate to a tank suppresses cyanobacterial overgrowth or having lower levels of nitrate? Remember autotrophs like cyanobacteria are not carbon limited in your aquarium.
And as for the tests in this hobby and significance well for example lets say someone is running a barebottom tank ;) which has a total (aerobic or anaerobic) denitrifier population that converts 500 ug/L of nitrate/week to dinitrogen or nitrous oxide. Would you say this is 0? Of course not but our hobby kits would never detect anything like this, so this is a nonsignificant change. Yet this nonsignificant finding will add up to 26mg/L nitrate removed/year. Again with other organisms utilizing nitrate assimilation (which in essence is a type of denitrification) NO3 -- NH3 -- proteins and nucleotides, your not going to see any of this. I mean even the randomness of feeding is going to put you so far into the margin of error that detecting these underlying population is laughable to say the least. However it doesn't mean they are not there, in fact the literature suggests that having none of these processes going on would be much more unlikely :D