I think the two major weaknesses Monero have are 1) No masternodes (only dumpages on the exchanges) 2) No ongoing marketing hype. The result is that the price declines against bitcoin.
Masternodes are a liability. They are an attack vector for deanonymizing transactions. We should thank Saberhagen we don't have that. But I assume you like them because they reduce the liquidity of the float thereby causing swings in price to be more amplified.
And the ongoing marketing "hype" is just bullshit.
You seem to only be interested in Monero as a get rich quick "pump and dump" vehicle. That's fine. My priorities are different though. I do NOT want marketing "hype". When you make the price rise unnaturally you will pay for it eventually. In fact it could be argued we are paying for the dark market hype now.
I would propose Dash better meets your desires for a cryptocurrency.
To be honest I should have invested into Dark coin when it was cheap (a couple months ago).... I think it is too late now - I am not saying it cannot go higher but definetely it is not that much of a bargain than it was.
Yes in terms of market capitalization the idea of masternodes is perfect for a crypto in the world we are living (where cryptos are merely speculation tools). Basically anything that locks coins is preventing the major dumps taking place and helps the price to increase as it is easier to pump a coin that has lowish available supply.
I think people investing in Darkcoin understand basic economics.
I am currently investigating coins to diversify, and I am interested in projects that have opportunity to rise in price. You know, I am not an idealist but a speculator.
And nope, I have no margin positions to any directions.
Woulda, coulda, shoulda,...WCS
Now go start a market hype campaign with your own funds.
Thanks
Please do not direct the question to the funding issues.....
Why not?
I'm a big believer that if I want something I would rather do it myself. In the same respect I would expect someone who wants something to do the same.
Because me as a funder is kinda weakness of Monero compared to Dark coin that has a set budget for the hyping and pumping.
Weakness in self funding by the community that believes in a project?
Dark/DASH just sacrificed network security to allow MNs to generate "mining rewards" and took that away from the miners who secure the network. Not really a good argument there.
In the early stages this works but when the project goes forward and new people have entered it will not work so the funding system based on donations is pretty short sighted way of organizing it since it relies on the generosity of stingy people...
Also bear in mind, if a small fish donates the projects, it is the whales that benefit the most.
