Could Monero replace Bitcoin soon? - page 24.

DiscoverCebu

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Quote from: TrueCryptonaire on July 19, 2015, 06:54:27 AM

Quote from: smooth on July 19, 2015, 06:12:22 AM

Quote from: DiscoverCebu on July 19, 2015, 05:58:52 AM

Fuck no, bitcoin can take on all the coins at once anytime. BTW I still am against monero for being so spammy regarding threads, one new thread about "sparking" new comment that another paid shill is paid to promote.

The Monero project is not paying any shills to create threads or for any other purpose.

Whoever is doing it has nothing to do with the project, and for all we know might be doing it in order to create a backlash. I'd advise against forming any opinion on anything, positive or negative, based on spam threads that can be created by anyone.

I think someone should start a conspiracy thread: "Is the banking elite behind all the Monero shilling threads in order to harm Monero". Someone willing to start a new thread on that issue since it apparently is lacking from BTCT? Grin

That is one thing I would not intend to do as it would create one more spam thread on my behalf.

TrueCryptonaire

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Quote from: smooth on July 19, 2015, 06:12:22 AM

Quote from: DiscoverCebu on July 19, 2015, 05:58:52 AM

Fuck no, bitcoin can take on all the coins at once anytime. BTW I still am against monero for being so spammy regarding threads, one new thread about "sparking" new comment that another paid shill is paid to promote.

The Monero project is not paying any shills to create threads or for any other purpose.

Whoever is doing it has nothing to do with the project, and for all we know might be doing it in order to create a backlash. I'd advise against forming any opinion on anything, positive or negative, based on spam threads that can be created by anyone.

I think someone should start a conspiracy thread: "Is the banking elite behind all the Monero shilling threads in order to harm Monero". Someone willing to start a new thread on that issue since it apparently is lacking from BTCT? Grin

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: DiscoverCebu on July 19, 2015, 05:58:52 AM

Fuck no, bitcoin can take on all the coins at once anytime. BTW I still am against monero for being so spammy regarding threads, one new thread about "sparking" new comment that another paid shill is paid to promote.

The Monero project is not paying any shills to create threads or for any other purpose.

Whoever is doing it has nothing to do with the project, and for all we know might be doing it in order to create a backlash. I'd advise against forming any opinion on anything, positive or negative, based on spam threads that can be created by anyone.

DiscoverCebu

sr. member

Activity: 392

Merit: 250

Fuck no, bitcoin can take on all the coins at once anytime. BTW I still am against monero for being so spammy regarding threads, one new thread about "sparking" new comment that another paid shill is paid to promote.

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Ingatqhvq on July 19, 2015, 05:29:21 AM

And what's the different between monero and darkcoin?

https://twitter.com/petertoddbtc/status/622022840330682368

(Dash is the new name for darkcoin)

benthach

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Quote from: Bavaria on July 16, 2015, 10:06:22 AM

It`s not monero but it is StealthCoin that will replace BTC as soon as it releases fully decartelized StealthSend !

https://bitcointalksearch.org/topic/annxst-stealthorg-quantum-proof-of-stake-qpos-tor-blocknet-836009

i always like stealthcoin. it need to prove itself with stealthsend.
i liked it stealthtext and new cool wallet.

Ingatqhvq

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I don't think it will happen.
Most people just know bitcoin. And what's the different between monero and darkcoin?

smooth

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Quote from: Nxtblg on July 18, 2015, 05:46:43 PM

Quote from: thefunkybits on July 18, 2015, 11:22:26 AM

Quote from: Nxtblg on July 18, 2015, 09:22:39 AM

Speaking of block size...what's Monero's capacity in terms of txs per second?

Monero has a very scalable block size solution. It is "adaptive" as it changes with the amount of information going through the Monero network.

Okay, thanks. I'd prefer a number, but what you wrote will do.

What he said was right. There is no hard limit in the protocol. Noodle Doodle's recent benchmarks on an i7-2600K show 2.5 ms average tx verification time (per core) so that would max out at 1600 tx/second.

Usage at that level would require a lot of bandwidth and CPUs slower than a 2011 quad core desktop would not be able to keep up and would need to drop off.

Nxtblg

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Quote from: thefunkybits on July 18, 2015, 11:22:26 AM

Quote from: Nxtblg on July 18, 2015, 09:22:39 AM

Speaking of block size...what's Monero's capacity in terms of txs per second?

Monero has a very scalable block size solution. It is "adaptive" as it changes with the amount of information going through the Monero network.

Okay, thanks. I'd prefer a number, but what you wrote will do.

thefunkybits

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Quote from: Nxtblg on July 18, 2015, 09:22:39 AM

Quote from: TrueCryptonaire on July 18, 2015, 03:43:41 AM

Quote from: claycoins on July 18, 2015, 01:31:13 AM

Not soon, I doubt ever

Definetely not soon but chances are it will do it.
Transacting bitcoin is clumsy due to too low block size, and if they increase it, it only postpones the problem - not solve it (taking care of symptoms instead of curing the sickness).

Speaking of block size...what's Monero's capacity in terms of txs per second?

Monero has a very scalable block size solution. It is "adaptive" as it changes with the amount of information going through the Monero network.

zecexe

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Merit: 100

Monero >Bitcoin

Nxtblg

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Quote from: TrueCryptonaire on July 18, 2015, 03:43:41 AM

Quote from: claycoins on July 18, 2015, 01:31:13 AM

Not soon, I doubt ever

Definetely not soon but chances are it will do it.
Transacting bitcoin is clumsy due to too low block size, and if they increase it, it only postpones the problem - not solve it (taking care of symptoms instead of curing the sickness).

Speaking of block size...what's Monero's capacity in terms of txs per second?

TrueCryptonaire

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Quote from: claycoins on July 18, 2015, 01:31:13 AM

Not soon, I doubt ever

Definetely not soon but chances are it will do it.
Transacting bitcoin is clumsy due to too low block size, and if they increase it, it only postpones the problem - not solve it (taking care of symptoms instead of curing the sickness).

Realistic time frame for Monero's takeover is somewhere around 2020-2025 area when the minimum block reward hits and the emission is dried out.
Then Monero will act like gold or silver and gain enourmous value (compare the marketcap of gold vs. marketcap of Monero).
Monero is adapted by new people as the Monero owners preach the good news and the new people will preach it even further.
In this way, Monero will be accepted as a currency of masses and if not as a currency, then a store of value to where people put their savings and watch its purchasing power growing with deflationary circumstances.

That's the best case scenario.

The worst case is, Monero will die and the investor loses the amount of money (s)he has invested into it. Nothing more, nothing less.
Also scenarios somewhere between can be realized but then I tend to think it is going to continue to the direction of goodness or badness and therefore the middle ground will not be a stable equilibrium.

benthach

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lol
it's a disrespected to crypto when i see someone mention monoro
nothing but a desperate bagholders crying for help

claycoins

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Not soon, I doubt ever

ridery99

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Monero is going to replace Bitcoin.

sdmathis

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AKA The Rubber Monkey

Monero is not ready to take Bitcoin's place yet. When Bitcoin is finally unseated, however, it wouldn't surprise me if its a cryptonote that does it.

TrueCryptonaire

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Quote from: ghosthardware on July 17, 2015, 11:11:54 AM

I don't think it will supplant BTC's top spot anytime soon, but I do think the two will peacefully coexist.

Definetely Monero will increase value against bitcoin.
However, I personally see no reason why Monero couldn't inherit the crown of bitcoin within the coming decades as bitcoin network starts to be flooded with transactions and the fees skyrockets.

ghosthardware

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I don't think it will supplant BTC's top spot anytime soon, but I do think the two will peacefully coexist.

dEBRUYNE

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In addition, the other guy that started a thread:

Quote from: othe on April 28, 2015, 09:08:54 AM

Quote from: kenji on April 28, 2015, 08:51:34 AM

losing my faith in monero Undecided

how low do you guys think we will go?

Yes its dead, you should sell as fast as you can, theres nothing for people like you to gain here anyway.

Oh wait you already sold?

Quote from: kenji on April 24, 2015, 12:18:23 PM

Quote from: DirtyUniverse on April 23, 2015, 05:44:30 PM

Time to sell all xmr? ;'(((((

Yes i would say so Undecided

Today i have sold my last xmr.
Sorry guys, but i think we are still in a downtrend

So if you have no XMR, and you have no faith, wtf are you even talking about? I guess you would even sell your own mother to be able to buy back cheaper?

But let´s see, if i read your other posts

Quote from: kenji on January 04, 2015, 06:09:41 PM

BITCOIN IS DEAD RIP BITCOIN

like this for example.

and compare them to another dumbnut in here called mrkavasaki

Quote from: mrkavasaki on February 06, 2015, 03:47:22 AM

genau so ist es, bitcoin ist und war nur ein einziger pump&dump
wir werden noch preise unter $10 sehen. wer ernsthaht noch glaubt, bitcoin hätte zukunft , der irrt gewaltig

Who also talks bearish shit the whole time and also writes in the same topics as you, also speaks german, also uses a Monero avatar for whatever reason...
I do get the feeling you are either somehow affiliated to him (a la fightclub) or both of you smoke the same crack.

Topic: Could Monero replace Bitcoin soon? - page 24. (Read 33728 times)