Is Monero a Good Investment? - page 78.

SirViny

newbie

Activity: 42

Merit: 0

ABOUT MINING Tongue

I think that Monero 100% is good for investment. Monero mining doesn't fall under on scarcely specialized, application-specific integrated circuits (ASICs), but can be done with any CPU or GPU. Without ASICs, it is almost meaningless for an ordinary computer to take part in the mining process for Bitcoin. The Monero mining algorithm does not favor ASICs, because it was designed to charm more “little” nodes rather than rely on a few farms and mining pools.

mjacer

jr. member

Activity: 170

Merit: 1

For me, I am investing in other crypto: litecoin, ethereum and bitcoin. not yet for monero.

adam1230

legendary

Activity: 1218

Merit: 1001

Monero is not for me. Cause too many pirate video websites are mining monero with a javascript code and i hate this.
Too many web miners for monero and this is really annoying for me.
But for privacy i used few times and was good.

Bytem3

full member

Activity: 602

Merit: 107

Yes, I always say that it's good to own at least one privacy coin. ZEC is my favorite tho but Monero is also great

One of those two.

Images21

sr. member

Activity: 567

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

I agree. Monero is a good investment. It has always been like that. From way back during the days of the silk road until now, Monero is a major player in the crypto world that is taking as one of its pride its anonymous feature. Monero has made this feature a little bit stronger and everything was changed when Monero was the only coin that came out truly anonymous during the silk road raids. This coin has already proven its worth.

Viscera

sr. member

Activity: 660

Merit: 250

Yes it is. When governments will notice that Monero is good for privacy transaction the price will increase although, mass adoption should happen first and alot of regulations in Cryptocurrency. This is a bad thing for those who are new to the industry. Well time will tell all Privacy coin especially Monero will take us to the moon!

Psalms236

jr. member

Activity: 126

Merit: 1

There are always some things that you can't predict but when you increase your knowledge you should be able to make better investments and bigger profits in the long run. Monero has many similarities to bitcoin and other many currencies, however it tries to win with it's privacy and functions. Monero has a great potential to grow, however any investments contains risks and you always need to make your own research before investing.

Hernandez44

newbie

Activity: 112

Merit: 0

personally think that monero is a good investment. Privacy coins are in demand, the development team is active and the community support is strong.

Ariess

sr. member

Activity: 546

Merit: 250

I think you can invest in monero, that's great. because monero is one of the top altcoins
but i opted for another altcoin. such as eth, ripple, waves and still others. The altocoin I mentioned is more potent than monero

StarofBTC

hero member

Activity: 1148

Merit: 528

Quote from: SnapStefan on March 04, 2018, 05:22:16 AM

Dear bitcoin community,

I recently started researching in altcoin and I tried to figure out which other altcoin is more used in sending money online (I think a traded currency shows that the currency will resist in the future and will grow) and I came to the conclusion that Monero is that coin.

Why Monero? I think it's pretty simple, Monero because I saw that everyone from the dark web asks for payments in Monero, and this leads me to think that Monero would be a good investment now because from what I understand, even Bitcoin has first massively traded on the dark web, and Monero came as a more anonymous alternative to the dark web and so it replaced the bitcoin there.

So, as the title of this thread says: Is Monero a Good Investment?

I have presented my theory, but what do you think?

Please expose your opinion to help me in making the final decision whether to invest my money in Monero or not.

I deeply appreciate your contribution on this thread.

Monero is one of the best security token that exits on the crypto market currently. Because of it being highly decentralized and private with high security it is being heavily used in the dark web as payment system. Monero can be said to be the most decentralized platform next to bitcoin.

Its best know for its security. Due to these reasons I think monero XMR is a great coin and shall be huge in future. Though I would recommend not to buy right now cause its in a bit hype due to hardfork and the price is high. Wait for a dip and get in.

luke liam

newbie

Activity: 80

Merit: 0

Quote from: valeria isa on March 07, 2018, 06:22:16 AM

I love Monero from a technical and ideological perspective, but I just don't think it's a good investment (compared to Bitcoin) for the medium term because the most significant cryptocurrency adoption events will likely come from businesses and governments accepting or making it easier to accept a currency.

And a high-privacy crypto like Monero probably will not be accepted by a lot of major businesses and made easier to use by governments (and this will keep many whale investors away), and to a lesser extent. Also, Monero just doesn't have a big name like Bitcoin or Ethereum, which matters a lot in the medium term (long term is much harder to say--heck, for all we know, the current top 20 cryptos could be mostly abandoned in 5 years).

yep. I love Monero, too but no, it is not a better investment that Bitcoin. Bitcoin will eventually have privacy and scalability. Monero themselves have just picked up Greg Maxwell's new paper on bulletproofs. Yes Monero has an adaptive blocksize but that's only possible because of its tail emission otherwise miners would dissapear after the last block reward. I see Monero as a near perfect currency but it's not a better investment than Bitcoin.

febrian1705

newbie

Activity: 170

Merit: 0

Quote from: vaso11 on March 04, 2018, 06:11:41 AM

Quote from: SnapStefan on March 04, 2018, 05:22:16 AM

Dear bitcoin community,

I recently started researching in altcoin and I tried to figure out which other altcoin is more used in sending money online (I think a traded currency shows that the currency will resist in the future and will grow) and I came to the conclusion that Monero is that coin.

Why Monero? I think it's pretty simple, Monero because I saw that everyone from the dark web asks for payments in Monero, and this leads me to think that Monero would be a good investment now because from what I understand, even Bitcoin has first massively traded on the dark web, and Monero came as a more anonymous alternative to the dark web and so it replaced the bitcoin there.

So, as the title of this thread says: Is Monero a Good Investment?

I have presented my theory, but what do you think?

Please expose your opinion to help me in making the final decision whether to invest my money in Monero or not.

I deeply appreciate your contribution on this thread.

I think that a monero will always be a good investment, since it is one of the very first and best anonymous coins, which is very relevant nowadays.

may be true for now coinmonero better priced dibangdingkan with other coin. but we see 2020 which coin is higher price

alazne lily

newbie

Activity: 53

Merit: 0

Monero is what most people believe bitcoin to be. I'd say Monero is one of the lowest risk, and highest potential reward, investments you can make. That's good!

ozgun_a

jr. member

Activity: 126

Merit: 5

I'm also interested in Monero as it is privacy oriented. Anyone would care to shill me about Monero V fork? Why is it needed?

valeria isa

newbie

Activity: 89

Merit: 0

I love Monero from a technical and ideological perspective, but I just don't think it's a good investment (compared to Bitcoin) for the medium term because the most significant cryptocurrency adoption events will likely come from businesses and governments accepting or making it easier to accept a currency.

And a high-privacy crypto like Monero probably will not be accepted by a lot of major businesses and made easier to use by governments (and this will keep many whale investors away), and to a lesser extent. Also, Monero just doesn't have a big name like Bitcoin or Ethereum, which matters a lot in the medium term (long term is much harder to say--heck, for all we know, the current top 20 cryptos could be mostly abandoned in 5 years).

britai ruby

newbie

Activity: 76

Merit: 0

I really like Monero but there are two main things that worry me. The average transaction time of 20 minutes (based both on experience and what I've read) is fine for money transfers and banking, but Monero isn't currently suitable for small everyday payments and microtransactions. Monero is PoW, and as the userbase grows, so does the electricity cost. I'm worried that one day we're having multiple cryptos hogging down power like Bitcoin currently does or even worse. This is unsustainable and we should be looking for better alternatives. I think there's so much to consider investing in this.

Brothersav

member

Activity: 182

Merit: 10

If you vLue your privacy then yes it's a great investment. As soon as XMR gets a good wallet it will definitely rise to all time highs. If I were you I'd stock up as much as you can get your hands on

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

Monero is not better or worther investment...it is just a good way to make money by trading it judiciously...
See the graph you you see what I talk about.
Buy and sell at the good moment and you will be rich.

pro2017

member

Activity: 210

Merit: 11

monero is a good coin but the price is superfluous
also, the traceability rate is the same as other crypto currencies

btcformula

full member

Activity: 378

Merit: 101

Monero is a good coin for long-term investment.
The community support is strong and the development team is active. I think Monero is one of the promising coins at the moment so I bought some of it.

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