There is coin who Will compete with very soon

chip1994

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Quote from: Polo7 on October 01, 2020, 05:58:16 PM

There is one coin who Will do that.

Its called monero!

Soon it Will move to top market Cap coins.

Lol I forget to mention that economy knowledge is Not a limit of my knowledge

Monero is well-known for its Privacy coin segment. Besides, it has been active for a long time in the crypto market and also has a stable user base. But, Monero's market cap is still evolving according to Bitcoin and it doesn't have any daring technologies lately. That's why I can't think of a way for them to reach the top 5 again. Can you tell me the reason?

xOdiumNostrumx

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Haha, what a thread. I was expecting that OP will reveal some overlooked "unicorn" that will dominate the market in the years to come, and then he mentions Monero Cheesy

. I mean, Monero is super useful, especially in the security/anonymity aspect, but it is already a well known player on the crypto market, so yea, the reveal was definitely very underwhelming.

Findingnemo

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Quote from: samcrypto on October 08, 2020, 10:21:58 PM

Quote from: Findingnemo on October 03, 2020, 01:01:22 PM

Quote from: Polo7 on October 01, 2020, 05:58:16 PM

There is one coin who Will do that.

Its called monero!

Soon it Will move to top market Cap coins.

Lol I forget to mention that economy knowledge is Not a limit of my knowledge

XMR is one of the coin should be in the top list of coinmarket value but for regulation issues and some issues in the recent security of Monero cost them to be in more dump.When people started to give importance to their privacy more than anything they will go with Monero.

The regulation keeps on making pressure to cryptomarket and this is the result if they didn't comply at all, investors will panic for sure.

I can still see Monero as a good coin despite the big dump, historically they make a big impact in cryptomarket and since the competition is very active nowadays in cryptomarket, the old coins must double their effort to remain active and profitable as well. Some coin will replace other coin, this is the cycle but right now I still see Bitcoin to remain on top.

Bitcoin and Monero both are not really same so no need to compete between each other, well on the basis of price its a bad choice on the other hand the utility purpose it is better to lot of coins that is why I said when people give more importance to the utility over the prices then Monero will be in green.

samcrypto

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Quote from: Findingnemo on October 03, 2020, 01:01:22 PM

Quote from: Polo7 on October 01, 2020, 05:58:16 PM

There is one coin who Will do that.

Its called monero!

Soon it Will move to top market Cap coins.

Lol I forget to mention that economy knowledge is Not a limit of my knowledge

XMR is one of the coin should be in the top list of coinmarket value but for regulation issues and some issues in the recent security of Monero cost them to be in more dump.When people started to give importance to their privacy more than anything they will go with Monero.

The regulation keeps on making pressure to cryptomarket and this is the result if they didn't comply at all, investors will panic for sure.

I can still see Monero as a good coin despite the big dump, historically they make a big impact in cryptomarket and since the competition is very active nowadays in cryptomarket, the old coins must double their effort to remain active and profitable as well. Some coin will replace other coin, this is the cycle but right now I still see Bitcoin to remain on top.

X-ray

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Monero has already considered as major coin and this is an old coin too. IDK if you were taking any coin can be called as a major coin when it has already entered the top 10 CMC but in my experience if MONERO has ever reached the top 10 positions.
If you wanna call this will become a competitor for bitcoin and it's a very wrong statement.
the only competitor for monero was dash coin but this time there are some popular anonymous coins like zcash and komodo.
Monero is still a major coin.

SirLancelot

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You’re saying this like it’s something new. Monero is already a popular coin and I don’t remember anyone saying that Monero (XMR) is not among the top cryptocurrencies in the market; it currently sits at the number 16th on the Coinmarketcap website and that’s a bigger position compared to its counterpart which is Zcash, both have been in the power drag for the best privacy coin.

XMR is a good coin, although we are not sure what the future holds, there are so many projects that are being rolled out these days; so many good tokens that seems to be taking over the market and I am surprised to see Crypto.com coin (CRO) on the number 9th position, that’s quite a move.

bigcash2011

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Quote from: Polo7 on October 01, 2020, 05:58:16 PM

There is one coin who Will do that.

Its called monero!

Soon it Will move to top market Cap coins.

Lol I forget to mention that economy knowledge is Not a limit of my knowledge

I do not know how big you want to see monero, you should have posted your price or market cap targets so we could have commented if they are realistic or not.
Monero is already big my friend especially in its own category of privacy basee coins perhaps it is the biggest and most usee one.

Findingnemo

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Quote from: Polo7 on October 01, 2020, 05:58:16 PM

There is one coin who Will do that.

Its called monero!

Soon it Will move to top market Cap coins.

Lol I forget to mention that economy knowledge is Not a limit of my knowledge

XMR is one of the coin should be in the top list of coinmarket value but for regulation issues and some issues in the recent security of Monero cost them to be in more dump.When people started to give importance to their privacy more than anything they will go with Monero.

Ridwan Fauzi

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If many user aware again privacy they will choose monero for every transaction, investing in monero. Because this coin basically has made to protect its user to keep anynomously. But, I don't think there will be many countries who will accept the utilization of bitcoin, even I have heard some information who tell that this coin has been banned and being tracked for those who using it. Yeah, all government will always dislike the privacy coin, it maybe they they are afraid that their people will misuse this coin for illegal use.

isaac_clarke22

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Quote from: Ryker1 on October 02, 2020, 04:20:59 AM

~

I guess that's why I heard from some people that Monero is being heavily regulated so far in other countries, huh. This would be more prone to being more banned and less adoption that Bitcoin, hmm?
I never bought any XRP ever and just stick my money to Bitcoin most of the time.
Bitcoin is banned into some number of countries.

posi

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Quote from: Polo7 on October 01, 2020, 05:58:16 PM

There is one coin who Will do that.

Its called monero!

Soon it Will move to top market Cap coins.

Lol I forget to mention that economy knowledge is Not a limit of my knowledge

Monero is ine of the top supported and trusted privacy coin and it is expected to follow the price momentum of bitcoin market when the bullish start but despite all these characteristics the future of all privacy coins with the inclusion of Monero depend on the government stance about privacy coin cause the last time the government make statements about shutting down all privacy coins alot of privacy coin investors panic sell their holding.

lousie9

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Quote from: masphie on October 02, 2020, 09:28:21 AM

Yes of course, But many people are not aware of it. Just like Dash, I've watched since 2018. Dash has no news at all among crypto traders.

usually good coins are always the prima donna in the market or are familiar to traders' ears, even if they are bad coins. So, it can be compared that fraudulent coins are more popular than coins that are already listed in the top market. maybe people don't realize that Dash, monero or Dash are good. but for me not.

hulla

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Quote from: Polo7 on October 01, 2020, 05:58:16 PM

There is one coin who Will do that.

Its called monero!
Lol I forget to mention that economy knowledge is Not a limit of my knowledge

Monero was among the cryptocurrency in the market which was widely used and also supported by a lot of crypto enthusiasts. Besides, it manages to be among the top 20 for years which is the reason why I dont understand what youre trying to say about Monero competing soon cause theres no other privacy that have the potential of Monero.

Quote from: Polo7 on October 01, 2020, 05:58:16 PM

Soon it Will move to top market Cap coins.

Speaking market cap. An exchange site was accused of faking the Monero market cap and I hope you are not using the exchange cap to make your predictions.

Jackl87

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I don't really get your post OP but i think you want to promote monero.
Well monero is no new project and is around for a few years now so i don't understand it when you say "it will compete very soon".
Monero was made to enable it's users to do anonymous transactions, therefore its very popular in the darkweb and sometimes used to buy and sell illegal stuff.

sarmrakib

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Quote from: masphie on October 02, 2020, 09:28:21 AM

Yes of course, But many people are not aware of it. Just like Dash, I've watched since 2018. Dash has no news at all among crypto traders.

Yes i also have noticed that many days have passed since Dash published any news.But XMR is completely a different platform which has a potentiality and it is also a top coin in market .I think it will get a positive move soon which is expected by all.

Renampun

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Quote from: Polo7 on October 01, 2020, 05:58:16 PM

...

Monero was not made to compete with Bitcoin...

Quote

Seven developers were initially involved in creating Monero — five of whom decided to remain anonymous. There have been rumors that XMR was also invented by Satoshi Nakamoto, the inventor of Bitcoin.

Monero is the most secure coin for privacy matters and is purposely created for security. It is different from other Altcoins that are deliberately created to steal the Bitcoin market.

michellee

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As one of the old coins at the market, monero has a chance to rise high, especially in the next bull run. But unfortunately, we don't know when it will come. I agree that we can try to buy monero now while the price is not too high, and hold it until the price increase.

Quote from: aceboy44 on October 03, 2020, 02:55:24 AM

I just traded 1 ETH for 3.3 XMR. Hopefully I don't regret it.

Is there any way of storing my XMR on my ledger nano x? Or must I keep it stored on my PC via my XMR wallet?

If it must be kept stored on my PC how can I access my coins when I format my PC?

You can visit getmonero.org and download the wallet.
Or you can visit on this website to learn what is the best wallet to store monero.
You can visit on the ledger website at https://support.ledger.com/hc/en-us/articles/360006352934-Monero-XMR- to find how to install a wallet for monero.

aceboy44

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I just traded 1 ETH for 3.3 XMR. Hopefully I don't regret it.

Is there any way of storing my XMR on my ledger nano x? Or must I keep it stored on my PC via my XMR wallet?

If it must be kept stored on my PC how can I access my coins when I format my PC?

Zemomtum

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Monero is far away from project that will compete for relevancy. We have eGLD, LINK, BAND, ALGO and now UNI. This is just a way of spreading a FUD and nothing else.

militiariko

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Quote from: Polo7 on October 01, 2020, 05:58:16 PM

There is one coin who Will do that.

Its called monero!

Soon it Will move to top market Cap coins.

Lol I forget to mention that economy knowledge is Not a limit of my knowledge

Quotes, subject as this are pecular reasons why several investors are always in loss. More importantly; it is wrong that you choose the forum to spread hype and wrong information. If your research shows you a monero win good, invest and enjoy the profits, not share fuds around.

Also, always do your own research, and understand how the forum works

jossiel

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Quote from: carlfebz2 on October 01, 2020, 06:40:36 PM

Quote from: jossiel on October 01, 2020, 06:26:08 PM

Quote from: Polo7 on October 01, 2020, 05:58:16 PM

Soon it Will move to top market Cap coins.

XMR/Monero has been considered for a long time as a top market coin. There's no need to debate on that as everyone will agree that Monero is a top class coin that anyone can opt to invest in.

Regardless of the news about delisting on exchanges all won't argue about that description you've said.

It's being removed because of its nature and characteristic and not because of those typical reasons an exchange does for removing a coin in their platforms.

You are right! Theres no need to tell about yet lots had been supporting Monero after all these years and to know that this is second of the most currency used on Dark marketplaces.

even into this casual crypto market where there are lots whom do really like on this project due to true anonymity.When it comes to come to the top spot then i do still doubt that he would

able to beat out Bitcoin and replace it.It might go better than ETH or be on second place but who knows? No one will able to have some glimpse on what future would look like.

Currently its rank #16 on the entire market which isnt bad considering on having thousands of coins in the market.

It is one of the best privacy coin.

And it that makes it worthy for others to know about Monero. No argument needed for its worth as it's very acceptable and too good to say that Monero is one of the top altcoins that anyone can consider.

Even a newbie, he can buy it as his altcoin unless he's too fearful with the news about Monero. But as long as it's okay and there's no problem holding it based from where you are residing, it's just another good altcoin to hold.

Replacing bitcoin at top 1 is just another comparison by most enthusiasts but, I don't think it's still an argument these days.

aceboy44

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Looking at price historical data of Monero, and how government may ban the coin due to its privacy strength, I shall stick with BTC/ETH and not invest in Monero at the moment until we get clearer picture of its future/price increase.

Historical prices of this coin did not attract me as an investor Roll Eyes

masphie

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Yes of course, But many people are not aware of it. Just like Dash, I've watched since 2018. Dash has no news at all among crypto traders.

ChrisPop

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I don't think that any of the altcoins that are now in the market will be a real competitor to Bitcoin. This is how I view the future: Bitcoin as a worldwide mainstream currency and proof-of-value while many other altcoins/tokens will be used on private sidechains with specific use-cases.

so98nn

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Quote from: goaldigger on October 02, 2020, 04:31:17 AM

Quote from: aceboy44 on October 02, 2020, 03:00:52 AM

I did some research on this coin but came empty.

Can someone explain to me why this is a good investment? Or worst case scenario it could "replace bitcoin?"

Historically, Monero did a great job with their ecosystem and it can consider as a good investment considering that Monero is a on a top 16 as of posting. Don't look for any coins/tokens that will replace bitcoin, it will not happen in the next decade because bitcoin will remain on top. To OP, Monero is already on top of many cryptocurrencies, this is not a surprise for an old coin but I wander why you're posting this one without any supporting details.

The rank of coin shall not be considered as mean of firm decision to invest money. Seen some coins which are also beyond top 50 but still best as compared to their number of minted supply vs. liquidity in the market. It's actually how you make best use of its volatility. As far as Monero is considered it's surely has amazing fan base. Lots of mining power is now a days dedicated to Monero mining and it's choice of coin.

That clearly states how good this coin is. I guess it doesn't need to prove anything. Just keep investing :-)

Lorence.xD

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Quote from: Ryker1 on October 02, 2020, 04:20:59 AM

Well, Monero is really different from bitcoin even though they are the same open-source and completely decentralized.
But one thing that I see Monero/^[XRP] that did not the same as bitcoin, there is no transparency of the transaction because that is kept your transaction secret amount that is being transferred to another wallet to the public ledger. Perhaps, this is banable for most countries that prone to money laundering.

That will be the sour deal for this coins if they ever get into the financial sector of the government. Surely these coins will not compromise their feature just to accomodate the government but we can't predict a sure future so we have to keep an eye out whether OP's prediction is true.

goaldigger

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Quote from: aceboy44 on October 02, 2020, 03:00:52 AM

I did some research on this coin but came empty.

Can someone explain to me why this is a good investment? Or worst case scenario it could "replace bitcoin?"

Historically, Monero did a great job with their ecosystem and it can consider as a good investment considering that Monero is a on a top 16 as of posting. Don't look for any coins/tokens that will replace bitcoin, it will not happen in the next decade because bitcoin will remain on top. To OP, Monero is already on top of many cryptocurrencies, this is not a surprise for an old coin but I wander why you're posting this one without any supporting details.

Ryker1

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Well, Monero is really different from bitcoin even though they are the same open-source and completely decentralized.
But one thing that I see Monero/^[XRP] that did not the same as bitcoin, there is no transparency of the transaction because that is kept your transaction secret amount that is being transferred to another wallet to the public ledger. Perhaps, this is banable for most countries that prone to money laundering.

hugeblack

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Monero is the privacy currency, which represents the most decentralization / anonymity that you can currently obtain, but issuing it means that you get more liquidity, which is impossible due to the nature of the currency.
The demand for the currency will increase, but it will not be strong to make it a suitable currency for investment or storage in the long term.

top market Cap coins mean nothings and Inaccurate / incorrect coin scale.

aceboy44

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I did some research on this coin but came empty.

Can someone explain to me why this is a good investment? Or worst case scenario it could "replace bitcoin?"

carlfebz2

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Quote from: jossiel on October 01, 2020, 06:26:08 PM

Quote from: Polo7 on October 01, 2020, 05:58:16 PM

Soon it Will move to top market Cap coins.

XMR/Monero has been considered for a long time as a top market coin. There's no need to debate on that as everyone will agree that Monero is a top class coin that anyone can opt to invest in.

Regardless of the news about delisting on exchanges all won't argue about that description you've said.

It's being removed because of its nature and characteristic and not because of those typical reasons an exchange does for removing a coin in their platforms.

You are right! Theres no need to tell about yet lots had been supporting Monero after all these years and to know that this is second of the most currency used on Dark marketplaces.

even into this casual crypto market where there are lots whom do really like on this project due to true anonymity.When it comes to come to the top spot then i do still doubt that he would

able to beat out Bitcoin and replace it.It might go better than ETH or be on second place but who knows? No one will able to have some glimpse on what future would look like.

Currently its rank #16 on the entire market which isnt bad considering on having thousands of coins in the market.

jossiel

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Quote from: Polo7 on October 01, 2020, 05:58:16 PM

Soon it Will move to top market Cap coins.

XMR/Monero has been considered for a long time as a top market coin. There's no need to debate on that as everyone will agree that Monero is a top class coin that anyone can opt to invest in.

Regardless of the news about delisting on exchanges all won't argue about that description you've said.

It's being removed because of its nature and characteristic and not because of those typical reasons an exchange does for removing a coin in their platforms.

Polo7

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There is one coin who Will do that.

Its called monero!

Soon it Will move to top market Cap coins.

Lol I forget to mention that economy knowledge is Not a limit of my knowledge

Topic: There is coin who Will compete with very soon (Read 406 times)