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Topic: Is Monero, Dash and all anon coins fucked? - page 3. (Read 8115 times)

sr. member
Activity: 1974
Merit: 453
September 08, 2017, 10:00:22 PM
Yes, montero is going down. Listen to Shelby, and everyone else. Sell all your xrm to them.

Like like I said with bcx, the only flaw with monero wrt to Shelby this time around is that he doesn't have enough in his pocket.

That is probably the case. I have seen law enforcement agencies tracing the Bitcoin transactions and arresting those who purchased the drugs with Bitcoins. But I have never heard about an incident in which an anonymous crypto-coin such as Monero or Blackbytes was traced back to a particular individual. So as of now, I don't think that there is anything to worry. 
full member
Activity: 210
Merit: 100
September 08, 2017, 08:52:33 PM
I think not for monero. monero still has a long way to go as altcoin, and I think it can still grow and still have good potential.

All it's going to take is the first person to be put in jail based on deanonymized transactions in monero for that to crash. 

The others seem like they may be better -- but the crypto is somewhat untested and resource heavy. 
full member
Activity: 298
Merit: 106
September 08, 2017, 06:29:35 PM
I really don't think so. People in crypto love anonymity and this will prevail.
hero member
Activity: 742
Merit: 500
September 08, 2017, 02:47:28 PM
I think not for monero. monero still has a long way to go as altcoin, and I think it can still grow and still have good potential.
hero member
Activity: 574
Merit: 500
September 08, 2017, 02:35:36 PM
https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

Anonymint, aka iamnotback has released this article on steemit. Im reading it right now myself but I want to share it here and hopefully get some coding wizards to review it.

Apparently it has caused him to be censored in the Monero reddit when he linked it, so this shows this must be pretty good.
The only anonymous cryptocurrencies are those that deploy Zero Knowledge Proofs. Zcash, ZCoin and Bitcoin (will have zkSnarks next year). Monero uses https://en.wikipedia.org/wiki/Security_through_obscurity and is in no way anonymous.
Correct, but in Zcash the total supply is not auditable, and "Zooko" and "Green" have decreed that they will endorse the creation of backdoors in Zerocash to "trace criminals". But who decides who is a criminal in a supposedly anonymous network?


Good reason to support Zcoin, which was not only first, but also superior as it does not have the issues you just described.
sr. member
Activity: 406
Merit: 253
September 04, 2017, 01:39:07 PM
Correct, but in Zcash the total supply is not auditable, and "Zooko" and "Green" have decreed that they will endorse the creation of backdoors in Zerocash to "trace criminals".

Wasn't the backdoor already added? Or that blackmarket taken down by FBI right after they added ZEC was a coincidence?  Cheesy

Hmmm... a traceable anon coin by design. Perhaps this is just a master plan preventing anon coins from being "fucked". Zooko is a genious!!!
legendary
Activity: 910
Merit: 1000
September 03, 2017, 04:38:58 PM
In fact, almost every token will see now would be drowning in hurricane harvey by the end of the year 2018 Cheesy

You're wrong! anonymous coins will stay and will continue dominating the market, privacy plays a very important role in the crypto ecosystem.
Correct, privacy and ease-of-use are THE most important features going forward imo.

Interesting.
Ease of use: Obviously

But don't you think that privacy may be a hindrance for mass adoption ? (On the client side, and vendor side)
I struggle to see how vendors like Overstock or Ebay would accept such anon coins.

Please can you develop your theory? Much appreciated. Thanks
Hi! In my opinion, privacy is important because there will ALWAYS be some little miscreants online who NEED to do anon transactions. Therefore, the demand is there, permanently. And don't forget they are prepared to "pay through the nose" for it (privacy, that is). All questions of legality aside, their demands will be met by suppliers (legally, or illegally). In fact things, that are "illegal", "forbidden" and "risky/exotic" usually get MORE expensive when they are driven underground. I guess my point is that you don't always need "mass adoption" to achieve a very high price per coin. Cheers, V.

Thanks a lot. It makes sense.

Cheers.
No problem, perhaps you would like to view these things?

https://www.youtube.com/channel/UC4zOvMMqnBM_DLrtA4_XwGA/videos


I actually did buy XZC when it was at 0.0022 days ago.
Technology looks promising, and its price is 10x below its direct competitors.
The TA was good and 0.0022 was a great price on the chats (still is)

I wanted to make sure I was re-putting money in a vertical that makes sense: privacy (i got burnt on XVG a while ago...). I feel more convinced now.

Thanks
Good choice! I can see you've got your "head screwed on".
full member
Activity: 336
Merit: 101
September 03, 2017, 04:31:17 PM
#99
In fact, almost every token will see now would be drowning in hurricane harvey by the end of the year 2018 Cheesy

You're wrong! anonymous coins will stay and will continue dominating the market, privacy plays a very important role in the crypto ecosystem.
Correct, privacy and ease-of-use are THE most important features going forward imo.

Interesting.
Ease of use: Obviously

But don't you think that privacy may be a hindrance for mass adoption ? (On the client side, and vendor side)
I struggle to see how vendors like Overstock or Ebay would accept such anon coins.

Please can you develop your theory? Much appreciated. Thanks
Hi! In my opinion, privacy is important because there will ALWAYS be some little miscreants online who NEED to do anon transactions. Therefore, the demand is there, permanently. And don't forget they are prepared to "pay through the nose" for it (privacy, that is). All questions of legality aside, their demands will be met by suppliers (legally, or illegally). In fact things, that are "illegal", "forbidden" and "risky/exotic" usually get MORE expensive when they are driven underground. I guess my point is that you don't always need "mass adoption" to achieve a very high price per coin. Cheers, V.

Thanks a lot. It makes sense.

Cheers.
No problem, perhaps you would like to view these things?

https://www.youtube.com/channel/UC4zOvMMqnBM_DLrtA4_XwGA/videos


I actually did buy XZC when it was at 0.0022 days ago.
Technology looks promising, and its price is 10x below its direct competitors.
The TA was good and 0.0022 was a great price on the chats (still is)

I wanted to make sure I was re-putting money in a vertical that makes sense: privacy (i got burnt on XVG a while ago...). I feel more convinced now.

Thanks
legendary
Activity: 910
Merit: 1000
September 03, 2017, 02:07:25 PM
#98
monero is a very good coin for a long time. nothing is messed up with monero.
monero has given me several times profit in my trade. and until now the monero is running well.
"A very good coin" = "Something that made me money." Hmmm...does anybody actually think like that!?
full member
Activity: 406
Merit: 100
September 03, 2017, 10:14:40 AM
#97
monero is a very good coin for a long time. nothing is messed up with monero.
monero has given me several times profit in my trade. and until now the monero is running well.
legendary
Activity: 910
Merit: 1000
September 03, 2017, 10:04:45 AM
#96
In fact, almost every token will see now would be drowning in hurricane harvey by the end of the year 2018 Cheesy

You're wrong! anonymous coins will stay and will continue dominating the market, privacy plays a very important role in the crypto ecosystem.
Correct, privacy and ease-of-use are THE most important features going forward imo.

Interesting.
Ease of use: Obviously

But don't you think that privacy may be a hindrance for mass adoption ? (On the client side, and vendor side)
I struggle to see how vendors like Overstock or Ebay would accept such anon coins.

Please can you develop your theory? Much appreciated. Thanks
Hi! In my opinion, privacy is important because there will ALWAYS be some little miscreants online who NEED to do anon transactions. Therefore, the demand is there, permanently. And don't forget they are prepared to "pay through the nose" for it (privacy, that is). All questions of legality aside, their demands will be met by suppliers (legally, or illegally). In fact things, that are "illegal", "forbidden" and "risky/exotic" usually get MORE expensive when they are driven underground. I guess my point is that you don't always need "mass adoption" to achieve a very high price per coin. Cheers, V.

Thanks a lot. It makes sense.

Cheers.
No problem, perhaps you would like to view these things?

https://www.youtube.com/channel/UC4zOvMMqnBM_DLrtA4_XwGA/videos
full member
Activity: 336
Merit: 101
September 03, 2017, 09:53:30 AM
#95
In fact, almost every token will see now would be drowning in hurricane harvey by the end of the year 2018 Cheesy

You're wrong! anonymous coins will stay and will continue dominating the market, privacy plays a very important role in the crypto ecosystem.
Correct, privacy and ease-of-use are THE most important features going forward imo.

Interesting.
Ease of use: Obviously

But don't you think that privacy may be a hindrance for mass adoption ? (On the client side, and vendor side)
I struggle to see how vendors like Overstock or Ebay would accept such anon coins.

Please can you develop your theory? Much appreciated. Thanks
Hi! In my opinion, privacy is important because there will ALWAYS be some little miscreants online who NEED to do anon transactions. Therefore, the demand is there, permanently. And don't forget they are prepared to "pay through the nose" for it (privacy, that is). All questions of legality aside, their demands will be met by suppliers (legally, or illegally). In fact things, that are "illegal", "forbidden" and "risky/exotic" usually get MORE expensive when they are driven underground. I guess my point is that you don't always need "mass adoption" to achieve a very high price per coin. Cheers, V.

Thanks a lot. It makes sense.

Cheers.
legendary
Activity: 910
Merit: 1000
September 03, 2017, 08:15:45 AM
#94
Correct, but in Zcash the total supply is not auditable, and "Zooko" and "Green" have decreed that they will endorse the creation of backdoors in Zerocash to "trace criminals".

Wasn't the backdoor already added? Or that blackmarket taken down by FBI right after they added ZEC was a coincidence?  Cheesy
Ikr, it's a complete joke..
legendary
Activity: 2142
Merit: 1009
Newbie
September 03, 2017, 06:00:54 AM
#93
Correct, but in Zcash the total supply is not auditable, and "Zooko" and "Green" have decreed that they will endorse the creation of backdoors in Zerocash to "trace criminals".

Wasn't the backdoor already added? Or that blackmarket taken down by FBI right after they added ZEC was a coincidence?  Cheesy
legendary
Activity: 910
Merit: 1000
September 02, 2017, 03:33:52 PM
#92
https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

Anonymint, aka iamnotback has released this article on steemit. Im reading it right now myself but I want to share it here and hopefully get some coding wizards to review it.

Apparently it has caused him to be censored in the Monero reddit when he linked it, so this shows this must be pretty good.
The only anonymous cryptocurrencies are those that deploy Zero Knowledge Proofs. Zcash, ZCoin and Bitcoin (will have zkSnarks next year). Monero uses https://en.wikipedia.org/wiki/Security_through_obscurity and is in no way anonymous.
Correct, but in Zcash the total supply is not auditable, and "Zooko" and "Green" have decreed that they will endorse the creation of backdoors in Zerocash to "trace criminals". But who decides who is a criminal in a supposedly anonymous network?
full member
Activity: 140
Merit: 101
September 02, 2017, 03:29:38 PM
#91
https://steemit.com/cryptocurrency/@anonymint/is-monero-s-or-all-anonymity-broken

Anonymint, aka iamnotback has released this article on steemit. Im reading it right now myself but I want to share it here and hopefully get some coding wizards to review it.

Apparently it has caused him to be censored in the Monero reddit when he linked it, so this shows this must be pretty good.
The only anonymous cryptocurrencies are those that deploy Zero Knowledge Proofs. Zcash, ZCoin and Bitcoin (will have zkSnarks next year). Monero uses https://en.wikipedia.org/wiki/Security_through_obscurity and is in no way anonymous.
legendary
Activity: 910
Merit: 1000
September 02, 2017, 03:28:57 PM
#90
In fact, almost every token will see now would be drowning in hurricane harvey by the end of the year 2018 Cheesy

You're wrong! anonymous coins will stay and will continue dominating the market, privacy plays a very important role in the crypto ecosystem.
Correct, privacy and ease-of-use are THE most important features going forward imo.

Interesting.
Ease of use: Obviously

But don't you think that privacy may be a hindrance for mass adoption ? (On the client side, and vendor side)
I struggle to see how vendors like Overstock or Ebay would accept such anon coins.

Please can you develop your theory? Much appreciated. Thanks
Hi! In my opinion, privacy is important because there will ALWAYS be some little miscreants online who NEED to do anon transactions. Therefore, the demand is there, permanently. And don't forget they are prepared to "pay through the nose" for it (privacy, that is). All questions of legality aside, their demands will be met by suppliers (legally, or illegally). In fact things, that are "illegal", "forbidden" and "risky/exotic" usually get MORE expensive when they are driven underground. I guess my point is that you don't always need "mass adoption" to achieve a very high price per coin. Cheers, V.
newbie
Activity: 4
Merit: 0
September 02, 2017, 03:24:07 PM
#89
In fact, almost every token will see now would be drowning in hurricane harvey by the end of the year 2018 Cheesy

You're wrong! anonymous coins will stay and will continue dominating the market, privacy plays a very important role in the crypto ecosystem.

That is not the question. The question was if Monero, Dash and other anonCoins are REALLY safe.
member
Activity: 480
Merit: 68
September 02, 2017, 03:20:57 PM
#88
"Minero"? New currency?
hero member
Activity: 1666
Merit: 453
September 02, 2017, 02:59:14 PM
#87
MINERO MIINERO IS SUCH A GOOD COIN ... i invested all of my BTC to hinm.... i believe on him so much ...
how i did said that ? ive been on the trading industry and i watched that minero ting it is fck as good and climb the tree so goo ..
i am gathering money now because of this MINERO THING
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