How is this so undervalued?
How are things like PonziConnect, Neo AKA Digibyte 2.0 and, JUST PREMINE MY SHIT UP have a higher market cap?
How is this so undervalued?
Brandon Moore
Aiden Ward
Retards can't into Monero with it's current wallet software. Fortunately it's not going anywhere any time soon as it's already widely used by drug vendors, unlike all the other speculation-fueled coins.
Ayden Collins
I'm going to dump all my OMG and SHIFT gains into this soon.
It's the perfect hedge for the upcoming shitshow.
Jonathan Gutierrez
maybe because its not undervalued?
Eli Richardson
it's not, BTC and ETH are seriously OVERvalued
Nicholas Ramirez
it's because the anonimity mechanism they are using is weak
Jonathan Lee
MUH BLACK MARKETS is not an argument for why monero should be valuable
You vastly overestimate how much the general public gives a shit about privacy
Joshua Flores
there are others better stealthcoins, like Cloakcoin, many says that Cloakcoin is better steathcoin that Monero
Michael Perez
People are stupid. Vaporware always attracts more attention that legit coins. Also there was no premine, so devs cannot price manipulate like most of the shitcoins.
Jose Wilson
Not really. The blockchain is completely opaque which is what matters most.
It is an argument for why it will typically hold some value though. Since fluffypony sperged out and caused that hype and crash back in May, XMR has been pretty stable within +/- 10% of $45.
It may never see normie adoption but the likelihood of it completely tanking is incredibly small relative to the rest of altcoins, fluffyfaggot notwithstanding.