I love Monero, but I actually want to discuss how it could potentially fall to shit (and see if some wise anons can show otherwise)
Let's look at the facts: >Chinks cracking down on cryptocurrency trading exchanges >Well-known that Chinese government keeps people "in check", with everyone using the heavily-monitored WeChat >Transactions must be known and finances must be controlled in order for them to have such a tight grip of their people.
Now, how long is it till they outright ban Monero, forcing those who buy and use it to face punishable offences? Give it a while, Monero won't last there much longer.
What about the West? Think we're safe? >Dollar slowly bleeding to death >China gaining strength fast >More and more people getting into cryptos, furthering the dollar death.
If the US is to survive, they will have to follow the path of China with heavy regulation. Because "much freedom land" we still have plenty if time but let me tell you, when The Regulationing happens, Monero. Is. Fucked.
I bought this God-Tier coin at €39 and am still hodling because I believe in it.. But I actually do t think it can stand up to (((them)))
U should dump it for cloakcoin, hands down the greatest coin in Asia right now.
ICO in 7 weeks, don't miss this one!
William Baker
Oh great, a shill XMR is the only privacy coin. THE only privacy coin.
Asher Miller
china just shot it self on the foot, every chink that was in crypto using Okcoin, huobi or btcc will still go back to crypto using other exchanges. And im pretty sure underground ones will appear.
if monero goes down it will be because a better will urge. because despite the privacy thing monero doesnt have anything else to offer, and the tech is old.
Landon Anderson
you retarded? fucking shill you can't ban any crypto just access to on ramps
Andrew Moore
Monero won't fall because it's used in the Darknet and the success of Bitcoin was built on drugs and so will be Moneros
Landon Ross
KYS. The problem op described is applicable to ALL private coins, so I guess cloak and verge would be safe. Also, 90% of the volume comes from Bittrex, you stupid pajeet. Asia, my ass. coinmarketcap.com/currencies/cloakcoin/#markets
Jace Hernandez
But if you can't even buy XMR in the first place, what then?
Alexander Cook
ZCash is better from a technical PoV.
Nicholas Martinez
(After Kovri comes out) 1. Buy any (((accepted))) crypto like Shitcoin 2. Exchange it for Monero on any foreign exchange Problem solved.
