I am selling all the XMR i mine, there is many problems with monero
-the transaction fee is insane(one million times higher in $ than XDN) which makes it very expensive to use high mixing number.
-relies on pure PoW for security.
-all wallets suck, you cant even have multiple addresses, garbage.
-no direct XMR to fiat exchange, almost no real world use.
-likely to be out competed by a superior altcoin(not enough network effect).
They are claiming that all other anonymous coins is scams which is bullshit, i does not really like dash but i would not consider it to be a scam. Digitalnote exists that offers a good wallet and the ability to send messages anonymously and will implement
PoA.
There is nothing special about monero, it is getting pumped hard now but i doubt it will last, a lot of people are making money shorting it now.
- fee just got lowered with the new release
- bitcoin uses pow, better sell them all now...
- GUI is under active development and almost ready...
- yes there is: litebit for example, others will probably add xmr given the volume on polo for the last month...
- that's always possible, wouldn't say it's likely though, xmr has more network effect already than other anon coins, don't know why you're using this as an argument...
Dash is a proven premined scam btw... Will look up on digitalnote, thanks for the tip.
There is something special, it's fungible and it has actual utility now...
best regards,