Is there some kind of segwit for monero by the way? Or would that ruin privacy?
"SegWit fixed an issue called transaction malleability, which enabled BTC transaction data to be changed before the network processed these transactions."
Why would Monero want to fix something that is not and never was broken?
I'm so disappointed. This has been one of my favorite coins for years, and everytime I buy it because it seems relatively low compared to the rest of the market.
It has pretty much agreed that Monero has been suffering an attack from centralized exchanges issuing naked shorts and creating paper Monero in a fractional reserve capacity thereby selling shorters Monero that just doesn't exist in order to suppress the price and drive people away. This has been proven by the fact large exchanges have frozen withdrawals due to "liquidity issues" which would only happen in a fractional reserve system.
If you want to hold Monero you should expect TPTB to continue to attack the system until they can either find a way to manipulate it to their advantage or concede (which those in power NEVER do).
So with all that being said, If you are just a NGU fanboi then this is not the coin for you as it is a down and dirty trench fight.
BTC is held in high regard by the banking community now so if all you want is NGU then that is the place for you. Stay clear of shitcoins.
Monero for money and bitcoin for wealth storage and you will win long term.
Has that really been proven? Which exchanges are we talking about? Cos it looks to me like Monero just didn’t gain enough traction as everybody has hoped and has just fallen out of favor with most people wanting to buy those shiny new coins they can do stuff with.
I mean let’s face it, most people see XMR and would think it’s just like BTC with privacy stuff.
Edit: And my favorite book FJ will stop accepting XMR.