Topic: Why hasn't everyone switched to Monero already? (Read 1725 times)
I need no privacy or anonymity as my money is legit! and I am not obsessive about it regarding security bitcoin is the best it is enough for me.
It is too expensive to switch and anonymity isn't enough for lot of people.
I love to stay on legal borders with crypto, so bitcoin and ethereum are better choices.
I love to stay on legal borders with crypto, so bitcoin and ethereum are better choices.
One of the most telling indicators about how much solid tech and anonymity is really valued versus marketing and hype 
Monero isnt trusted its a ripoff of bytecoin
Moneto is all hype not worth my dollars
Moneto is all hype not worth my dollars
Monero technologically is undisputed, but price is not so competitive with some others projects such as Cloak, ZEN, KMD..which are more interesting for investors in terms of return of invested funds.
I would not feel good to have my investment in Cloak and others, especially if they are not cryptographically sound. XMR is a gigant, development, mathematical research and community wise compared to those currencies.
So for bigger investors it is more safe to place trust in Monero instead in simple forks of Zcash which have trusted setup done by unknown developers you have to trust in they wont print coins.
They are just modest working guys, and probably should be more aggressive like Monero.
Monero technologically is undisputed, but price is not so competitive with some others projects such as Cloak, ZEN, KMD..which are more interesting for investors in terms of return of invested funds.
I would not feel good to have my investment in Cloak and others, especially if they are not cryptographically sound. XMR is a gigant, development, mathematical research and community wise compared to those currencies.
So for bigger investors it is more safe to place trust in Monero instead in simple forks of Zcash which have trusted setup done by unknown developers you have to trust in they wont print coins.
For some it may feel like other coins could give more ROI because their price is lower now and could go higher, but this is wishful thinking and not smart investment or how big money moves.
I see XMR going much higher then it is now, especially because the inflation is going down strong gradually. I think smarter investors right now accumulate XMR very slowly, a sudden strong outbreak of the price will confirm this.
Monero is a bit the Linux of the crypto-currencies. It is the best but yet the most complicated and not at all user-friendly. The day there will a working GUI and people accepting it, the price will sky-rocket.
monero still a project for those who understand i think the marketing team needs to make more social awareness as we knew that there's a bigpotentials for this project to really come up again and make another strike, its been quite and its not moving that much so better to keep holding or if
we do have spare money we can buy more and wait.
Monero is a bit the Linux of the crypto-currencies. It is the best but yet the most complicated and not at all user-friendly. The day there will a working GUI and people accepting it, the price will sky-rocket.
Monero technologically is undisputed, but price is not so competitive with some others projects such as Cloak, ZEN, KMD..which are more interesting for investors in terms of return of invested funds. This is why we have this situation. But if you believe in one project just stick with it!
After yesterday's ico ruling monero is at the top spot of coins to acquire. All coins that can be seen as securities will get delisted from major exchanges. Probably even eth will be part of that sooner or later. Basically every coin with a company behind it will be targeted if they used coin money in any form to fund their operations. Instamine, hybrid forms, icos, devs fee, all screwed
Monero wallet is not so good, they need to make much better gui, and dont like complicate two adres cobination... adres and id...
You really can't blame anyone for choosing bitcoin over monero even if bitcoin is speculated to split, Monero is a good coin but it is not enough compared to bitcoin. There are so many reasons why most people choose what they choose, just don't bash other coin especially not bitcoin because if not for bitcoin I doubt monero would be created too.
Monero is also the third most developed coin.
Multiple light and mobile wallets, multisignature and network optimizations incoming as well as Trezor and Coinomi integrations in the near future and many more.
So I am asking you the same question again - are you here for the right principles -believing in the decentralized, client driven and client protecting better technologies, believing in the better community and devs who give anything for the coin or you are here for the quick money through coins who are all PR and no unique code, just copy paste, integration through bribery and then spending money for PR???
Multiple light and mobile wallets, multisignature and network optimizations incoming as well as Trezor and Coinomi integrations in the near future and many more.
So I am asking you the same question again - are you here for the right principles -believing in the decentralized, client driven and client protecting better technologies, believing in the better community and devs who give anything for the coin or you are here for the quick money through coins who are all PR and no unique code, just copy paste, integration through bribery and then spending money for PR???
Monero just keeps climbing up the gentle slope. Other "sexier" altcoins are going up and down mountains. I'm switching out a few ETH for XMR, seems like a safer long term play 
The reason Monero has not taken off is because of competition. Crypto investors have allocations to Monero, ZEC, Verge, DigitalNote, Aeon, Boolberry, Zclassic, Zencash, Spectrecoin, Hush. At this point its not clear which coin will be chosen for mass adoption.
lol
Of all those coins only XMR and ZCash have a real development a bunch of developers and real peer reviewed cryptography as also cryptographers (Monero hired recently 2 PhD mathematicians) behind them, the other coins are just a joke for pump and dump. Boolberry for example is completely dead, but good you collect it.
Only a complete noob would insert all those other coins in one bag as "competition" to XMR. Only noobs invest into those pseudoanonymous coins because of their wet dreams and hopes to become millionairs. Wont happen. You think anybody who needs privacy will trust those coins? Also not going to happen. The XMR community is huge, active and growing while those coins have only a couple of members waiting for their coin to moon. In the last years I have seen a lot of coins come and go, but XMR stays.Zcash has some problems like trusted setup and the devs want to include a possibility to deanonymize specific transactions afterwards and to invalidate accounts which are not used (cold wallets).
I agree with Mr. cryptimus prime that XMR is the strongest technology of the group of privacy coins and for this reason have overweighted Monero versus other coin allocations. But investing is about divining the future, not recounting facts from the past. I am up about 25% on my Monero investment and increased recently during the selloff. Monero is a $617M market cap so I feel this is a 2 to 4 bagger at best over the 2 to 4 year time horizon.
Verge is a 20x bagger so far from my average purchase price and currently sits at a 44M market cap with a dollar price of $0.003249. Some of the other coins I listed. I have no idea. There are no valuation models for crypto and its hard to predict whether one of these will leapfrog the leaders like Monero and Zcash. Even a small token allocation of $100 can turn into a fortune if one of these small privacy coins takes off given their low market caps. One last point a well regarded crypto Viacoin is in the process of integrating anonymous transactions. This one has active development.
Because Monero is run by an Egoistic Cult that is headed by Fluffypony
The reason Monero has not taken off is because of competition. Crypto investors have allocations to Monero, ZEC, Verge, DigitalNote, Aeon, Boolberry, Zclassic, Zencash, Spectrecoin, Hush. At this point its not clear which coin will be chosen for mass adoption.
lol
Of all those coins only XMR and ZCash have a real development a bunch of developers and real peer reviewed cryptography as also cryptographers (Monero hired recently 2 PhD mathematicians) behind them, the other coins are just a joke for pump and dump. Boolberry for example is completely dead, but good you collect it.
Only a complete noob would insert all those other coins in one bag as "competition" to XMR. Only noobs invest into those pseudoanonymous coins because of their wet dreams and hopes to become millionairs. Wont happen. You think anybody who needs privacy will trust those coins? Also not going to happen. The XMR community is huge, active and growing while those coins have only a couple of members waiting for their coin to moon. In the last years I have seen a lot of coins come and go, but XMR stays.Zcash has some problems like trusted setup and the devs want to include a possibility to deanonymize specific transactions afterwards and to invalidate accounts which are not used (cold wallets).
The reason Monero has not taken off is because of competition. Crypto investors have allocations to Monero, ZEC, Verge, DigitalNote, Aeon, Boolberry, Zclassic, Zencash, Spectrecoin, Hush. At this point its not clear which coin will be chosen for mass adoption.
lol
Of all those coins only XMR and ZCash have a real development a bunch of developers and real peer reviewed cryptography as also cryptographers (Monero hired recently 2 PhD mathematicians) behind them, the other coins are just a joke for pump and dump. Boolberry for example is completely dead, but good you collect it.
Only a complete noob would insert all those other coins in one bag as "competition" to XMR. Only noobs invest into those pseudoanonymous coins because of their wet dreams and hopes to become millionairs. Wont happen. You think anybody who needs privacy will trust those coins? Also not going to happen. The XMR community is huge, active and growing while those coins have only a couple of members waiting for their coin to moon. In the last years I have seen a lot of coins come and go, but XMR stays.Zcash has some problems like trusted setup and the devs want to include a possibility to deanonymize specific transactions afterwards and to invalidate accounts which are not used (cold wallets).
The reason Monero has not taken off is because of competition. Crypto investors have allocations to Monero, ZEC, Verge, DigitalNote, Aeon, Boolberry, Zclassic, Zencash, Spectrecoin, Hush. At this point its not clear which coin will be chosen for mass adoption. I think you need an allocation to several of them.
I believed in Monero about 5-6 months ago, but then Fluffy made a stupid promo move and that made me say fuck it. Also the updates are extremely rare.
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