When I first heard about Privacy coins like Zcash and Monero, I absolutely loved the idea. The benefits of a privacy blockchain potentially offer a lot of value. However, I suspect soon many of these privacy won’t be around because of governments getting involved.
Personally, I love BTC and don’t hold many privacy coins in my portfolio but with all the regulations coming, privacy coins may not be worth it.
Topic: The future of privacy coin is not looking good (Read 423 times)
Some privacy coins we can't rely on, especially since they are always under government monitoring if the price can change to the highest value, but currently some investors keep a lot of these coins because they believe the future of privacy coins is indeed very promising so it is very likely that we can reap huge profits in the future, so this all depends on our respective beliefs.
looks like the future of privacy coins is bad, I worked for privacy coins two years ago, they are hard to get hype even when the market is positive, but tend to be stable when the market is negative. The community is quite large but has declined over time, due to the complexity of mining and the public's lack of interest in privacy coins.
Lack of utilities have become the main reason by the community why they were rejecting to use the privacy coin instead of ordinary coin in the market. The smartcontract protocol is more benefit for users rather than using the privacy protocol which was only focusing with privacy but lack of usability. People are so smart and they didn't wanna wasting their money into the something that doesn't have future
looks like the future of privacy coins is bad, I worked for privacy coins two years ago, they are hard to get hype even when the market is positive, but tend to be stable when the market is negative. The community is quite large but has declined over time, due to the complexity of mining and the public's lack of interest in privacy coins.
Lack of utilities have become the main reason by the community why they were rejecting to use the privacy coin instead of ordinary coin in the market. The smartcontract protocol is more benefit for users rather than using the privacy protocol which was only focusing with privacy but lack of usability. People are so smart and they didn't wanna wasting their money into the something that doesn't have future 
It might be risky to invest in them right now, but privacy coins are not going away. They will likely go mainstream at some point, just as Bitcoin has. After all, privacy coins are just like any other crypto, just with an added layer of security and privacy. For now, though, it pays to keep a close eye on regulatory developments in Washington, D.C. Cryptocurrencies have always been subject to regulatory risk, and that is something that you should particularly keep in mind if you decide to invest in privacy coins.
I agree that it is somehow risky to invest in privacy coins since governments are frowning against them. So better avoid investing in them since we never know when will the government make a full-throttle of privacy coin clean up. We have seen not long ago that the government had already acted on the privacy coins listed on different exchanges forcing these exchanges to delist several privacy coins.
It might be risky to invest in them right now, but privacy coins are not going away. They will likely go mainstream at some point, just as Bitcoin has. After all, privacy coins are just like any other crypto, just with an added layer of security and privacy. For now, though, it pays to keep a close eye on regulatory developments in Washington, D.C. Cryptocurrencies have always been subject to regulatory risk, and that is something that you should particularly keep in mind if you decide to invest in privacy coins.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
Regulation really gives privacy coins a hard time in terms of adoption. The government are very wary of money laundering and often accuse cryptocurrency as the mean to launder money. Many exchanges delist privacy coins due to the fear of government action that may bring big problems to the exchange if they keep privacy coins in their listed cryptocurrency. This greatly affect the adoption and promulgation of the privacy coin.
Basically many people really like something that can maintain their privacy in any case. Including when someone makes financial transactions
if privacy can be maintained, they will feel more secure and comfortable. That's what finally created a crypto asset in the form of a privacy coin,
which is better able to disguise information, and that makes many crypto communities use privacy coins to carry out financial transactions.
So it's not surprising that some privacy coins are finally pumped up, because of the high demand for privacy coins. But many criminals abuse
privacy coins to make it difficult for the police. So the government finally tried to ban the use of privacy coins on several centralized exchanges,
which makes the demand for privacy coins decrease and finally now privacy coins are no longer profitable for investment. So the future of
privacy coins does not look good, and if anyone is planning to invest in coins privacy, think again, it will only cost us money.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
Regulation really gives privacy coins a hard time in terms of adoption. The government are very wary of money laundering and often accuse cryptocurrency as the mean to launder money. Many exchanges delist privacy coins due to the fear of government action that may bring big problems to the exchange if they keep privacy coins in their listed cryptocurrency. This greatly affect the adoption and promulgation of the privacy coin.
Some privacy coins we can't rely on, especially since they are always under government monitoring if the price can change to the highest value, but currently some investors keep a lot of these coins because they believe the future of privacy coins is indeed very promising so it is very likely that we can reap huge profits in the future, so this all depends on our respective beliefs.
I will choose with a big volume market if I have to, so if while out there have a coin with enough privacy such as bitcoin taproot, I will keep hold it until the decision. In every place, the government always take advantage, there's no place to hide from them.I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
Regulation really gives privacy coins a hard time in terms of adoption. The government are very wary of money laundering and often accuse cryptocurrency as the mean to launder money. Many exchanges delist privacy coins due to the fear of government action that may bring big problems to the exchange if they keep privacy coins in their listed cryptocurrency. This greatly affect the adoption and promulgation of the privacy coin.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
Funny enough people don't seem to realize that if they can come for privacy coins, they can come for every coin out there. All they need is an excuse for not being regulatory friendly enough. And their main concern in this isn't privacy, confidential transactions can be build to be regulatory friendly too, currently they aren't build for that though.
Private coins have long been subjected to general persecution by governments and, as a consequence, by centralized exchanges, which are forced to remove them from their listings due to pressure from regulators. It started a long time ago, back in 2018 (ZEC, XMR, DASH, etc.). Definitely, the cryptocurrency industry is moving towards total regulation and private coins will not find a decent place there, they will continue to be restricted and banned in every possible way.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
I can assure you that you have nothing to worry about. I look after Crypton CRP privacy coin from Utopia p2p https://u.is/ and it wasn't affected anyhow. The rate continues to grow and it's still available for mining and trading. Maybe the reason is own blockchain and decentralization, but I think it has to be a part of any really private coin. looks like the future of privacy coins is bad, I worked for privacy coins two years ago, they are hard to get hype even when the market is positive, but tend to be stable when the market is negative. The community is quite large but has declined over time, due to the complexity of mining and the public's lack of interest in privacy coins.
Of course, they don't as these coins are mostly controlled by some people and the owners themselves. Investing them is not worthy and not even profitable no matter how long you've been holding these coins. They are not bad actually compared to shitcoins but guess what, shitcoins are even more profitable than these coins. That is why if you look for something like earning money, it was not a smart choice to invest in them.And aside from that, they are prone to any market regulation which we don't like.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
But I don't think we can rely on them alone. The designs of existing and future privacy coins are so complex that it takes a lot of science and math to understand because using privacy coins to be anonymous is not the future. Privacy coins aim for privacy and avoid tracking transactions. We can achieve this without having to use privacy coins.
There’s a still a good reason on holding into a good privacy coin especially with Monero, though there’s a lot of regulations recently but I think they are still here in the market for the good reason, they still commit for the anonymous transactions and that’s the purpose of cryptocurrency, probably even if there’s another regulation they can still survive on that. Well, if you are already regretting on buying privacy coin then you can easily sell it and convert into a more good coins, it’s not too late yet.
Privacy coins can hide from regulation if the users are using decentralized exchange, but the question is how much do people trade Monero everyday? the price are depends on demand and supply, if the market is low, it will make the price decrease and it's not good holding for long term. I would be okay to use privacy coins just for hide my identity, but what I can see the price of privacy coins continue to decrease due to few popular centralized exchange delist privacy coins. 
There’s a still a good reason on holding into a good privacy coin especially with Monero, though there’s a lot of regulations recently but I think they are still here in the market for the good reason, they still commit for the anonymous transactions and that’s the purpose of cryptocurrency, probably even if there’s another regulation they can still survive on that. Well, if you are already regretting on buying privacy coin then you can easily sell it and convert into a more good coins, it’s not too late yet.
Monero enjoys the trust of users, which is why a new ATH has been installed in terms of the number of daily transactions - https://bitinfocharts.com/comparison/monero-transactions.html#3y. Obviously, this ATH is related to the update that took place on August 13, as a result of which the network will become even more reliable and stable.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
There’s a still a good reason on holding into a good privacy coin especially with Monero, though there’s a lot of regulations recently but I think they are still here in the market for the good reason, they still commit for the anonymous transactions and that’s the purpose of cryptocurrency, probably even if there’s another regulation they can still survive on that. Well, if you are already regretting on buying privacy coin then you can easily sell it and convert into a more good coins, it’s not too late yet. Privacy coins are increasingly disappearing from circulation, I don't even see privacy coins that can dominate the market anymore, they are just privacy coins that have been around for a long time but don't get hype because of their difficulty in finding use cases. it's better if we invest in utility coins, they get hype faster.
There could still be some in that will continue to exist, but it will be a niche now, and whoever uses it, for privacy purposes will be alienated by some.
Monero will have it's fork if I'm not mistaken, so if the government thinks that they they are about to crack it, they go further one step by making it more difficult for blockchain analysis to track hence, it will continue to be the go to by individuals who like privacy or just wanted to hide everything from the public prying eye.
I don't think the government would focus on the things that they can't control and regulate because if so, they should have done it with Bitcoin before. I think they won't crack on blockchain anymore and just accept the fact that people prefer privacy and security over regulated currencies. However, I don't think all privacy coins have the potential. Some of them are turning into a rag while others are trying to survive the bearish season.
Not sure if it's the right or wrong decision but governance would attack that. Because it's fully untraceable which is disliked by a centralized government. I have read government trying to seize the mixer. Who knows if the next target privacy coin projects? I am not holding any privacy Coin at all. You should be aware holding any crypto is risky. It would become zero at any time like Luna.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
I definitely agree with you, that at the moment the focus in the crypto space is definitely not on the privacy coins. At the moment everyone is still talking about Defi, NFT's, metaverse, play to earn and whatever had a big hype wave in the last year or so. The next big thing that can be interesting in the crypto market can be Web3.0 so i think that privacy coins will stay out of the focus of most crypto investors for at least a little longer. Every trend has it's time and the big privacy coins like Monero and Dash are still here, but the big hype around them was around 2017 or 2018 if i remember correctly. That does not mean though that if we enter a bull market again, that you can not make big gains with the privacy coins that you are holding now.
it seems that the privacy coin has always been against the government. I used to just think this coin has a slow trend because the privacy part of the coin doesn't have the hype like utility coins. but with various government regulations also making privacy coins very difficult to move around, it would be better to choose to invest in coins that are high hype or have good utility.
did you see when war between Rusia and Ukrania happen , privacy coins price increase ? it will be usefull in this kind condition , so government will never could banned it because its demand good enough. investors will safe this privacy coin for their business, sometimes using fiat or other crypto currency was not safe so this is the solution. 
All of us who are already in the crypto world certainly have their own privacy coins, but not all privacy coins have potential and this has become a risk for all of us, so every time we choose a coin we must be ready to accept every problem, because every year some coins must have updates so monitoring at all times we must monitor, and the government always monitors the movement of privacy coins and is always under close supervision.
Privacy coins are increasingly disappearing from circulation, I don't even see privacy coins that can dominate the market anymore, they are just privacy coins that have been around for a long time but don't get hype because of their difficulty in finding use cases. it's better if we invest in utility coins, they get hype faster.
There could still be some in that will continue to exist, but it will be a niche now, and whoever uses it, for privacy purposes will be alienated by some.
Monero will have it's fork if I'm not mistaken, so if the government thinks that they they are about to crack it, they go further one step by making it more difficult for blockchain analysis to track hence, it will continue to be the go to by individuals who like privacy or just wanted to hide everything from the public prying eye.
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If you see in the beginning the governments were not taking the currency as good. Gradually the situation has changed now many countries are taking them as legal tender.Yes I know You can't call all general crypto coins as privacy coin. Because all crypto coin don't hide a user's wallet balance and address. If I talk about top privacy they already have good place and giving good service . So if you are looking for privacy coin then select top the top pair .You can take XMR for this They have already held a good position . 
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
For that matter I respect whatever privacy coins you choose to hold. Just for me, holding altcoins that are not private coins is still better. And the majority of the community here in this industry knows that the chances of our income are better with cryptocurrencies that are not private coins. Although, all crypto is a risk, but private coins are always at risk. This is just based on what I have observed and seen in the movement of the crypto space.
Privacy coin is always linked with the criminal activities. There's no doubt if using this as investment would be a boomerang for us. If you wanna get profit from your investment and why don't you pick utility token instead of privacy? that will give you a lot of profit since anyone will need it. I just wanna to tell you if sometime it can be a big problem and being a risky investment for your money. The regulators can come anytime.
Absolutely correct, This is one of the reasons why you don't want to invest in private coins because it is too hot in the eyes of the exploitative people here in this cryptocurrency business industry. If that's why we're here, we should be there because we know it's safe and right to invest our capital in the crypto we're going to buy, after all, there are many options we can choose from that can give us good profits in the future.
You tell me first, are you keeping these coins for work? If you are keeping these coins for profit, then it is better not to keep them. All these coins are not very hype. And if you think you are keeping them for some other bad purpose, then you should go away. Some time. Will face problems
When a centralized Exchange companies like binance has made a co-operation with the government in there the privacy coin will gone I know exchange not popular enough but after they conduct all user to do kyc they start to delist the privacy coin like zcash and monero.
after the tornado cash gone it is very hard to cover our privacy, the hacker in the other hand make even worst move they wash their money and maybe started to dump all coin that they hacked ~ note for hacker : Please if you want to improve security be a white hacker take the bounty and done
after the tornado cash gone it is very hard to cover our privacy, the hacker in the other hand make even worst move they wash their money and maybe started to dump all coin that they hacked ~ note for hacker : Please if you want to improve security be a white hacker take the bounty and done
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
Government can't intervene in your investment while you keep it in your wallet that only you can access. so what kind of your worry?, except if you hold it on the centralization exchange where the government anytime can close it. 
Of course not, privacy is essential in Crypto but governments hate it, governments want to control and know everything about you but that doesn't mean we have to do that, privacy is our right as long as we don't break the law and don't do wrong things, these "privacy coins" keeps our privacy well so I don't think it's wrong to use it.
I believe that if you have private coins, then in the future these coins will be able to make a profit. And don't worry, these privacy coins will still make a lot of money. Cryptocurrency is a digital technology with a great future.
not all, because there are some private coins that until now still floating at the button while some are making progress.. So be aware! Much better to rely which is more reliable nowadays and still promising if you really want to make profits in the future when it comes private coins. Don't just base on the security, check their potential as well especially long run.. 
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
I don't think it's worth it anymore if you expect huge profits investing with privacy coins because since the government issued regulators on cryptocurrencies, many investors are no longer interested in privacy coins and so far, if we look at almost all privacy coins in the market, they rarely experience any price pumping. because it is no longer attractive as an investment. I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
If your intention was just to invest in those coins in order to obtain some profits then without a doubt that was not the best choice that you could have taken, the majority of those that are using privacy coins at the moment are the ones which are very interested in the functions those coins offer regardless of the price at which they can be exchanged, so if you don't already have any need for those coins I will suggest that you sell them as soon as possible and then you get some other coin which better fits your criteria. 
it seems that the privacy coin has always been against the government. I used to just think this coin has a slow trend because the privacy part of the coin doesn't have the hype like utility coins. but with various government regulations also making privacy coins very difficult to move around, it would be better to choose to invest in coins that are high hype or have good utility.
it is not against the government but because it is so private it becomes the target of the legislature, privacy coins are very easy to be used by criminals, privacy has become both the pros and cons of these coins
most privacy coins like monero are old generation coins so the hype is almost gone, holding them is very difficult to make a profit, i think op should sell them and move on to newer potential coin investments
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
Don't after them as they are not profitable. Their market price is quite moving down and even during the bull season, these privacy coins had never grown that much, in fact, whales have no interest in them for they are not worth enough if we talk about investment. Not really a bad choice but for some reason, this is not a smart choice either. You'll just be keeping coins like collectibles and the value is eventually declining and prone to be regulated by the government. For me, it was still best to consider the top coins in the CMC, or you can just have BTC only if you want. legendary
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You can put the lowest percentage in your investment, 5 percents were enough for that. Investing in the privacy coin looks like a bad choice caused by as it was an opposite to the regulators and it was also lack of utilities. You must aware if it will give no small benefits.
people are only using it to hiding their identity but since it will always be going to the centralized exchange site and there's no need to use the privacy coin anymore. This will not relevant again.
People are using this for long term investment which is wrong.
people are only using it to hiding their identity but since it will always be going to the centralized exchange site and there's no need to use the privacy coin anymore. This will not relevant again.
People are using this for long term investment which is wrong.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think?
I'm sorry to have to tell you this, but it's clear you made the wrong choice. unfortunately the future is KYC, there's nothing you or I can do to make sure we don't have KYC, all we can do is respect KYC. look at the whole system: bank - exchange - wallet that is: the person creates a bank account, the person puts money in the bank, the person creates an exchange account and the person buys bitcoin on the exchange with the money from the bank account, all this was KYC is required and then the bitcoin arrives in the wallet. then the person wants to pay water in their country, so that person sends bitcoin from the wallet to the exchange where they made KYC and then withdraws to the bank where they made KYC. so it's clear that the future will be KYC
Is this something to worry about? Or not
Of course you need to worry, because in the long run your coins won't increase in price much, because KYC won't disappear, governments won't change their mind, on the contrary they will be tougher with these anonymity altcoins
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
i dont this so , privacy coins will be very usefull if we look current geo political condition , while government trying banned cryptocurrency or regulate it , our assets will easily hidden by this coin. government may regulate our cryptocurrency but as long as they didnt track it it will secure for us. in future privacy coins will be new trend again , since alot war potency in our world. The blame is on the privacy coins developers because they build the system and still reveal who they are to the world, stupid, they never learnt anything from Satoshi's idea, the only reason why Bitcoin isn't been target is because the founder is unknown, that man is smart and saw all this coming.
You are wrong on that. The Bitcoin blockchain is transparent and they have platforms like Chainalysis that can trace transactions over the network. They're still not okay with the use of mixers but they are not bothered with normal on-chain transactions anymore.Monero continues to be the an eyesore to Government regulators because it remains untraceable. They will continue to target it regardless if the developers are known or not.
Privacy coins are an extreme niche that caters to only a select few people that wants it. In the grand scheme of things, these coins are left out since they offer little return on investments, and that they are hugely a target of the governments, making the buyers of these coins uneasy as if someone is always on the lookout for them. Also, there isn't that much of a market on privacy coins save for a few percentage on the total crypto market. Investment wise, this isn't really the best option to put your money on. But if you're just looking to make a transaction super discreet and you're looking to do it only once, privacy coins are for you (because apparently crypto mixers have become a huge target for the government when compared to privacy coins.)
Most certainly, the more government regulations keep spreading deep into the crypto space the more privacy projects become irrelevant. As much as people have negative opinions about centralized exchange and projects, a high percentage have been dominated by centralized projects and it will keep growing until nearly all privacy projects are phased out. I don't see the point of owning a privacy coin when you are a centralized exchange user.
I think that every investor should keep at least 10% of their portfolio in privacy coins. Some projects that I invested in are 0xMR, DERO, and RAIL.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
If you're worried, you better dispatch all of those and turn them into a good one that has no red flags by the government. We can't blame you for being worried because your money is on it and we can't do anything against the government if they keep on attacking and flagging down privacy coins.Most likely the flagging down will only be on the exchanges until no one has the way to sell them off there but only through p2p trades. But remember that we're on crypto, the governments can only regulate and manage to enter the exchanges but not the entire circulation and economy that it has, still depends on the privacy coin you hold.
Privacy coins are like power given to the people, the government will only rant and shout that they are unsafe but people will keep using it because they know the government can't keep their nose into their business this way, honestly, privacy coins are the strongest of all, perfect fit for the enemy of the government.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
It's hard for the government authorities to bring down privacy coins. They can create n number of regulations but they will always stay around because a certain group of people will keep on using it. Privacy coins are meant for a niche users and they will keep on using it.
But yes, these coins will always have attacks from the regulatory authorities because they can't track the transactions made using these coins. But as an investment, these coins are not great because the utility is very specific.
The blame is on the privacy coins developers because they build the system and still reveal who they are to the world, stupid, they never learnt anything from Satoshi's idea, the only reason why Bitcoin isn't been target is because the founder is unknown, that man is smart and saw all this coming.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
First of all what exactly is your reason on investing with privacy coin. Is it because you valued the privacy the most or you are just expecting to have a lot of profit for believing privacy coin will be boom someday?
Privacy is the number one coin affected when the regulators step in to regulate crypto because they are the opposite on what’s the government stand so if you want an investment token only then you should find other project that focus on making money since privacy coins are meant for untraced transaction not for investment purposes.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
It must be said that today privacy coins are being targeted by the government for being involved in terrorist activities, money laundering...
What is your original purpose in holding these privacy coins?, are you holding them for a certain privacy or for profit. As for privacy, just being anonymous with bitcoin is enough so you don't have to worry about government tracking. If you are aiming for profit then you better sell them and invest in other coins. Today, privacy coins seem to be used for only a few purposes and there is little hype so it will be hard to make a profit.
I believe that if you have private coins, then in the future these coins will be able to make a profit. And don't worry, these privacy coins will still make a lot of money. Cryptocurrency is a digital technology with a great future.
Privacy coins like Monero or Zcash have their own niche and will be here to stay. The usability and functionality without regard to price are essential for some people, but not the mainstream. So, if you are purely looking to increase your networth, I'm afraid choosing the privacy coin is a bad choice.
Even let's say a cryptocurrency that is not focused on privacy is also getting scrutiny from a centralized entity. So there is no doubt, that privacy coins are more prone to get regulated and watched.
Even let's say a cryptocurrency that is not focused on privacy is also getting scrutiny from a centralized entity. So there is no doubt, that privacy coins are more prone to get regulated and watched.
I have few privacy coins in my wallet and the future regulation and the hatred from government on privacy coin making me feel like I've made the wrong choice, what do you think? Is this something to worry about? Or not
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