Do you think people will turn to Monero? - page 2.

karasuri

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Quote from: poodle63 on December 03, 2017, 10:37:05 AM

Quote from: karasuri on December 02, 2017, 02:45:49 PM

Quote from: thepo1m on December 02, 2017, 02:43:59 PM

What is holding Monero back is the poor marketing strategy the team had, see Dash for example they spend a lot on marketing and that is reflecting in their price but Monero seems to be contented with their status, I don't see it surpassing Bitcoin not now

sometimes a bad reputation can not be fixed

I've no idea about how the marketing strategy can affect the monero's reputation and can you tell me the more about that? Because the monero is not like dash and another coin to advertise their coin to the public and attract a lot of people to buy it. Basically, monero is a privacy token and it's really different with dash.

Well, yes, they are different but dash has much better marketing than monero. I think, in this respect, they should take an example from dash.

Eclipse2021

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As far ask I know, Monero has the nicer and strongest community so this tells a lot. Monero is one of my favorite coins yea.

HypeToken

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Quote from: dumplingsandsushi on November 27, 2017, 09:26:35 PM

Unfortunately, privacy coins are a very niche market.
Actually, normal blockchain technology is fairly anonymous already, so those who want ultimate privacy are really looking for specific use cases.
Of course, the first things that spring to mind are all unsavory transactions: contraband, illegal goods, tax evasion, etc.
But not all use privacy coins for these things.

With that being said, I believe that monero is the best privacy coin out of all of them.
Dash has a higher market cap, but it is highly plagued by questionable development and acts.
There are coins out there with some really impressive features, like cloak coin, but monero has the ultimate benefit of being an established company with a trusted product.

With all of this in mind, I believe that monero still has a lot of room to grow.
The last couple of months it stabalized around 90 to $100, now, when the prices stabalize again I think it will keep above $100, then shoot towards $200 in the next bull run.

Tada! at over $200 now Shocked

Chamone

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Quote from: StGermain on November 27, 2017, 07:17:02 PM

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?

Yes. Particularly initial investors who gambled their money to support crypto currency and build it to what it is today. I wouldn't however invest all in Monero as other currencies like Verge have their own advantages.

maarx

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Quote from: jackolinyoko on December 03, 2017, 02:31:58 PM

Yes i think so,because monero has the largest community in the anonymity coins,however theres more coins out there but if the users are considered monero has it.

The large community would still be a benefit for its growth. Monero has a spike of $100+ in last 30 days. On 30th Oct 2017, it was at $87+ and now its at $205. This indicates that people have already turned to Monero. Its really overwhelming to see likewise Monero, other top coins have started growing up. More investors would surely pitch into Monero. Good to see Monero growing faster.

Bob-Bit

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One thing about Monero and these other anonymous coins is, ok let's say someone sells a 1969 Corvette his grandpa had in the barn. He wants to sell for Monero so he can avoid taxes. His buddy is cool with that. That guy (if he doesn't have Monero already) has to go out on an exchange and buy it with fiat, and then when his buddy with the car gets his Monero, he has to change the 25000 back to fiat or keep it in Monero and be limited in how he can spend it. So he's gonna still have to pay taxes on it one way or another. Like (illicit use example) it'd be cool for buying some weed for the buyer, but if the seller was ever gonna get ahead and buy anything, he's gonna get taxed when he cashes it in and deposits to his bank account. The anonymity is cool, but I don't see where the government is really getting ripped off on the taxes, as a matter of fact, in that example they're getting taxes on a transaction that normally (with cash) there would be no taxes. So maybe the government will actually be cooler about it then people are speculating.

jackolinyoko

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Yes i think so,because monero has the largest community in the anonymity coins,however theres more coins out there but if the users are considered monero has it.

nikjain422

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By seeing the development of monero in last few months,Yes people will look to invest in monero but again it is very early to predict its future as it is quite new as compared to other competitors of bitcoin.I would advice to invest small for little time and wait for some stability.

Faroxx

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It seems to me that this is inevitable, and even now many people choose monero when dumat about anonymity.

tomhutchinson

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No,most people invest in basic bitcoin and ETH/BCH so it is hard invest Monero.

but it is top 10 altcoins and have good future

Praetorian.1legion

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It is said that Monero uses an algorithm of increased anonymity in transactions, and that these transactions are difficult to track. But, I think that if you want, you can do it.

cryptospear

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People who wants privacy will choose this coin over BTC if they want anonymity.

AUruHM

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Quote from: ferrybitcoin.1996 on December 03, 2017, 12:40:44 PM

I dont think so, Altcoins have power too. Also, people more know where to invest in Common, be spesific Ethereum

That alts have power we see now in faces NXT and ARD for example. But all world says about bitcoin. And about alts so few people knows quite enough. When more info will be in their heads than alts will live without BTC influence

Svelto

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Monero is a good privacy coin but I don’t think people will turn to Monero just because BTC become more regulated.

People should use monero for its features such as privacy.

DanWalker

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When the demand on the privacy will grow a lot the market will turn to different privacy coins for sure. I feel the need of privacy more and more day by day, so Monero, Dash, Verge, Zec should grow significantly soon.

cannycassiopeia

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Monero can be promising too but we'll see. Many bounties have this coin and it's not that bad after all. It's price is also amazing. I wish I have this coin too Wink

ferrybitcoin.1996

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I dont think so, Altcoins have power too. Also, people more know where to invest in Common, be spesific Ethereum

SHAWN-MIDWAYS

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Quote from: StGermain on November 27, 2017, 07:17:02 PM

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?

One thing I understand about regulations is it could either lead to increased adoption of bitcoin and other cryptocurrencies, or it could shift the traffic to a cryptocurrency like Monero that has privacy protocols already embedded in it as people would want to enjoy their financial freedom. But as things stand cryptocurrencies can either be regulated and legal or deemed illegal, so better than nothing regulated won't stop bitcoin from growing.

crypto1nvest

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Quote from: StGermain on November 27, 2017, 07:17:02 PM

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?

I don't think so. Who very concern about privacy and freedom, those use monero already. I think it will be better for bitcoin if it becomes more regulated, it's can has the positive influence on his price.

winspiral

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Quote from: withche.07 on December 03, 2017, 11:23:31 AM

Yes why not they wouldn't return to monero? It is fast and acceptable in any transactions. It doesn't lose value as other bad altcoins. Its code is good nearly bug-free. I love monero and will keep supporting.

I mine and propose XMR mining because I believe people will like it in the future.

Topic: Do you think people will turn to Monero? - page 2. (Read 1252 times)