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Topic: [XMR] Monero is one of the few altcoins that has been keeping its price up. (Read 1424 times)

sr. member
Activity: 420
Merit: 250
http://www.leocoinapp.com/
I think zcash has some tricks up their sleeve.

  • trusted setup that can't be trusted
  • impossible to check total coinsupply
  • company behind Zcash taxes 20% of mining revenue during first 4 years
  • optional anonimity (while default anonimity is much better)
  • very young cryptography, not peerreviewed well
  • ...


Dont trust zcash!
Zcash worth maxx 10$
legendary
Activity: 1092
Merit: 1000
Ethereum did in 6 months what Monero will never do: be sold at Coinbase.

Quote
fluffypony's Conference Circuit: Jan 2017 Edition

funded of XMR590.00 target
27 individual contributions
144.32%


2017-01-09: San Francisco, USA, I'll be talking at Coinbase

So chances are Coinbase will accept Monero as their personal anon. coin?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Ethereum did in 6 months what Monero will never do: be sold at Coinbase.

Quote
fluffypony's Conference Circuit: Jan 2017 Edition

funded of XMR590.00 target
27 individual contributions
144.32%


2017-01-09: San Francisco, USA, I'll be talking at Coinbase
sr. member
Activity: 514
Merit: 258
I think zcash has some tricks up their sleeve.

  • trusted setup that can't be trusted
  • impossible to check total coinsupply
  • company behind Zcash taxes 20% of mining revenue during first 4 years
  • optional anonimity (while default anonimity is much better)
  • very young cryptography, not peerreviewed well
  • ...
newbie
Activity: 16
Merit: 0
I think zcash has some tricks up their sleeve.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Of course XMR has a great future ahead. Soon the GUI will be out and it will help adoption by the masses,making it easier for everyone to use it.
The future of Monero lies in the fact that how much people are going to purchase things in the dark market .If more sites starts accepting Monero then the price of the coin stays and i hope its better than Zcash and more market penetration than Zcash.
LOL, you made my day, bro. Is monero the official dark marketplace cryptocurrency? It's already better than zcash now. And at least it wasn't getting lost hyped from 3k btc to below 0.1 that's fuckin bullshit ever I saw.
This is GUI waves.
sr. member
Activity: 574
Merit: 252
Of course XMR has a great future ahead. Soon the GUI will be out and it will help adoption by the masses,making it easier for everyone to use it.
The future of Monero lies in the fact that how much people are going to purchase things in the dark market .If more sites starts accepting Monero then the price of the coin stays and i hope its better than Zcash and more market penetration than Zcash.
newbie
Activity: 28
Merit: 0
Of course its price is being kept up. It has the biggest base of radical fanboys and relentless pumpers. its actual value to society is nil but its a great moneymaker for those conning others into buying it.

You're describing Ethereum.

Actually Ethereum did in 6 months what Monero will never do: be sold at Coinbase. I don't use Ethereum or care about it but I do know its already far more popular than Monero will ever be. I also don't care for the Monero pump squad. Probably the most dishonest collective of thieves on this board.

The one thing you value is something the Ethereum pump squad managed? And then you continue to shit on Monero because... it's not pumped as high as Ethereum? And finish with senseless bashing? Nice going.
sr. member
Activity: 756
Merit: 253
Yeah, Monero is profitable to mine and by early January I will switch from ethereum to Monero or Zcash, I'm looking to setup a solar panel and an inverter.
legendary
Activity: 3010
Merit: 8114
Of course its price is being kept up. It has the biggest base of radical fanboys and relentless pumpers. its actual value to society is nil but its a great moneymaker for those conning others into buying it.

You're describing Ethereum.

Actually Ethereum did in 6 months what Monero will never do: be sold at Coinbase. I don't use Ethereum or care about it but I do know its already far more popular than Monero will ever be. I also don't care for the Monero pump squad. Probably the most dishonest collective of thieves on this board.
newbie
Activity: 28
Merit: 0
Of course its price is being kept up. It has the biggest base of radical fanboys and relentless pumpers. its actual value to society is nil but its a great moneymaker for those conning others into buying it.

You're describing Ethereum.
legendary
Activity: 1667
Merit: 1008
Stoned & Stranged
Of course XMR has a great future ahead. Soon the GUI will be out and it will help adoption by the masses,making it easier for everyone to use it.

Soon ? we're going on 3 years of the coin ..with no GUI  Cheesy

Command line ? LOL
Yeah.. that really inspires adoption with the public hahhahaha

your comment made me laugh  Grin Grin but anyway....


It looks like the GUI is out  Wink
full member
Activity: 293
Merit: 100
It's accepted that Monero doesn't scale as well as Bitcoin (which in its basic design doesn't scale either.)
I wonder if TumbleBit payment channels could work with Monero.
legendary
Activity: 1946
Merit: 1137
Of course XMR has a great future ahead. Soon the GUI will be out and it will help adoption by the masses,making it easier for everyone to use it.

Soon ? we're going on 3 years of the coin ..with no GUI  Cheesy

Command line ? LOL
Yeah.. that really inspires adoption with the public hahhahaha

altcoins have never been for "public" adoption. they are mostly for pump and dumps and people making money or sometimes you find some new features like the anonymity that Monero is offering which seems interesting but never is for average Joes to use.

that is why a GUI is not really a big deal but also it can help be of little help.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Of course XMR has a great future ahead. Soon the GUI will be out and it will help adoption by the masses,making it easier for everyone to use it.

Soon ? we're going on 3 years of the coin ..with no GUI  Cheesy

Command line ? LOL
Yeah.. that really inspires adoption with the public hahhahaha
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
(Or I'm greatly over-estimating the value of an official Monero GUI.)

I think that you are overestimating it.
The people that has Monero and want to use it already got used either with the command line application, either MyMonero, either some of the 3rd party wallets (which I don't really know how many do actually still work).
While a GUI wallet is handy especially for the newcomers, at this stage it doesn't matter much anymore. Monero has proven its place with or without that wallet.
sr. member
Activity: 434
Merit: 250
I'm surprised the news about the GUI hasn't created more of an effect.
Either enough people don't know yet, or we won't see a bump until its actually released.
(Or I'm greatly over-estimating the value of an official Monero GUI.)
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
monero is also one of those altcoins that have been around for a very long time, for this simple reason i have always had a lot more trust in monero than i had in any of the new coins no matter how loud they are.
legendary
Activity: 2730
Merit: 1288
@tunctioncloud  

one tiny darkmarket closed about 3 months ago, where 90% of trades was made in Bitcoin.
legendary
Activity: 1946
Merit: 1137
So we can conclude that it is one of the best ? No, I wouldn't say so. Remember that the price has been plumetting after the scam exit of the Darknet markets, so it is just recovering a bit from that.

zoom out bro!

price went up starting in August, and then because it was a sudden rise and lots of other news circling Monero, the rise was speed up hence creating a bubble. and every bubble needs bursting or in other words correction. that "price plummeting" you are talking about was in fact a correction. and after the correction takes place there is always either another stable price or rise if there is more room and now that rise is taking place.

XMR price has gone up around $6 to $8.57 while every other altcoin is failing.

sr. member
Activity: 440
Merit: 250
So we can conclude that it is one of the best ? No, I wouldn't say so. Remember that the price has been plumetting after the scam exit of the Darknet markets, so it is just recovering a bit from that.
legendary
Activity: 1667
Merit: 1008
Stoned & Stranged
Of course XMR has a great future ahead. Soon the GUI will be out and it will help adoption by the masses,making it easier for everyone to use it.
legendary
Activity: 1946
Merit: 1137
during the past few weeks bitcoin price has been rising and it created some kind of falling (dumping) effect in altcoin market where almost all the altcoins out there have been falling in price.

all other top market cap coins like ETH, LTC, ZEC,... have been going down fast. but XMR have been keeping the price up at ~0.01BTC which means it actually gained value alongside bitcoin as 0.01BTC gains more and more value as bitcoin price goes up.

i am really hopeful for monero's future.
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