>Completely anonymous >Privacy is superior to biggest competitors Zcash and DASH >Is actually being used in in the real world (darknet markets) unlike the other shitcoins that are shilled here all the time >#10 in terms of market cap >30% below all time high due to (currently) being profitable for miners >Once difficulty rises miners will switch to other coins and inflation will stop while the price will rise >Built-in emission is very low and merely makes up for the coins lost due to human error
In my opinion Monero is the underdog in the top 10 cryptocurrencies and a pretty safe investment.
Monero transaction volume has not increased in months, too many people are using it as a store of value which is Bitcoin's purpose. It's a solid coin and pretty stable but I'm not sure about the long-term profitability.
Tyler Cruz
I'm not so worried about profitability. All major cryptos are going to gain 100%+ in the near future as we are seeing the beginning of mainstream adoption right now. I just don't want to end up like the LINK-guys.
Ayden Wood
if people are treating it as bitcoin, ( and honestly I actually am doing the same at the moment . it's going to moon.
Jason Adams
Pic related
Ian Rodriguez
I don't believe the Bitcoin is digital gold meme. It isn't an asset it's a utility. It is a decentralized bank. Monero is a desentralized Swiss bank. Anyone can get a bank account, only the rich can get an offshore bank account. Monero has more utility than Bitcoin and once people get that it will be yuge.
Hudson Flores
To address some of the points here:
- Ethereum having optional privacy is not private since the set of people using the feature is to small. Everybody would need to use it.
- BTC is a great store of value for legitmate money, but not unlegimate money (check shouldhaveusedmonero.xyz/) if you want some proof of this
- It does have inflation but it will take around 200 years for the supply to double from the maximum point, inflation is 0.8% a year fixed.
The longer Monero remains un-cracked, the higher it's value will rise.
BTC => Digital Gold Monero => Digital Cash
They can both co-exist, BTC as reserve currency and Monero for everyday use.
Mason Johnson
Fair enough, Monero is a very safe choice for your money if huge profits don't concern you.
It did moon, to around $175, and is now sitting at half of that value, which it has been at for a while. Monero rose from 50 cents a couple of years ago and has had insane gains, but I think it's had its bull run, unless there is some big news or massive black market adoption, which doesn't appear to be in the near future.
Robert Butler
Also forgot, the 0.8XMR is a precentage when the max supply is reached (20 mil or something), not 0.8% exponentially.
Inflation is linear with Monero.
Lincoln Brooks
80$ for each Monero is severely undervalued. It's real price lies at least 1000$+. You have all been warned
Easton Roberts
The biggest reason to go for Monero right now is that DASH fills the same niche, has a higher market cap but is ultimately technically inferior to Monero. I bought Monero for 2k€ when it was 39€ and although I have seen it surpass 20+ coins I haven't sold yet. Maybe I'm just dumb idk.
Lincoln Gray
"Completely anonymous"
Did you not read the news lately? You are out of your mind.
Kevin Lewis
Syscoin webbased marketplace will be the new darknet marketplace to go to, because it's the perfect platform for this. Syscoin marketplace will not support xmr but will support zcash.
So get out of xmr and get zcash. It will be the darknet coin.
Aaron Bell
Please explain
Elijah Rivera
Verge>monero
Colton Perry
laughinganimegirls.jpg
Julian Nelson
Nice, just bought 100k. Screenshot this.
At €39 you can't go wrong, I'd HODL what you have and hope we see the ATH again, but probably won't be soon. I don't think it'll go much lower than current prices anyway, unless there's a major BTC correction. Even so, I think it only went down to something like $73 when BTC went down to $3k in September. Congrats on the buy.
Alexander Jenkins
>currently being profitable for miners Nice Try
Any non-shitcoin non-ASIC coin is profitable for miners
If you mean MORE profitable then you are really shilling
30% below all time because they don't play well with exchanges, the network is slower than other solutions, and the mixing *at default* is less secure than the other two solutions you posted at default
>real world >darknet is the scope that you are talking about >other coins aren't being used in the darknet >DASH isn't used elsewhere >ZCash isn't working with JP Morgan and their scheme isn't on the roadmap for Ethereum and several other cryptos
I would say you were trolling, but its obvious you are shilling instead.
Jaxson Howard
I'd say I'm just not well informed but thanks for the info. I'll still HODL though.
Connor Torres
wraith protocol can be turned on and off. Monero is always which means regulations will ban it for being untraceable.
Isaiah Bennett
Don't worry, Monero is at its' infant stage and currently has an immense amount of development underway.
Every other week it seems a new DNM pops up which has XMR as a payment option. Mark my words 2018 will see the crypto market shift in favour of coins with real value. 99% of these coins are absolute dog shit.
Zachary Parker
>Shit, the Feds are looking, turn off the Wraith protocol! >Phew, they've gone, quick, turn it back on!
Jaxson Bennett
This.
Carter Young
lol
Elijah Reed
it's about to break out too. Clear upward trend. You'll be sorry
Jaxson Stewart
You mean it's at the VERGE of breaking out?
Joseph Nguyen
The problem with Communism is that it is involuntary and centralized. ETH is voluntary, transparent, and decentralized. It's not a form of government either.
Logan Reed
exactly
Sebastian Garcia
I've been in XMR large for over a year now, currently hold equivalent of c$280,000
Makes up 65% of my portfolio.
I'm a big believer in it for three reasons: 1) Use for private store of wealth for those who don't want government, taxman, others to know their wealth/transactions. - years away
2) Community and developers are motivated, committed and not as greedy as most in this space.
3) This is the biggest reason I am heavy in XMR. The dark market. Anyone here who thinks btc would be anything like it is today without the dnm's is a fool. After turbulent years since the closure of silk road it's well known that btc is not safe. More and more are moving towards XMR and there are now markets that only allow XMR. In 1-2 yrs it will be the only currency on the dnm's and then it will be unstoppable. The volumes flowing through it will be phenomenal.
Just my opinion from 7 years in the dnm and crypto scene.
Connor Kelly
You are a fool. The darknet market will be on the syscoin webbased platform, which will run over tor and has zcash as payment option.
Its the perfect platform to become the new silk road. There goes your argument no.3 .
I think argument no 1 + 2 are not enough to say this coin will go up a lot in the future.
Zachary Ramirez
>syscoin
Good meme boyo. I'll remember it
Joshua Reyes
What he means is buy XMR before Kovri is finished or KYS later.
Isaiah Baker
Holy fuck just stop shilling your "muh next big thing"-coin. All relevant features are already present in existing major coins. Theres no need for a blockchain-based-ebay-coin. You could do the same with ether and smart contracts.
Nolan White
Why is Monero currently the most used darknet market coin if Zcash is superior?
Jayden Phillips
>zcash hahaha you wish you fucking fed
nobody is going to use the coin that took down alphabay
Camden Sullivan
Blackbytes are more user and private than monero.
Nothing between peers or groups of peers or transaction is stored in a public database.
Nicholas Howard
I'm holding both XVG and XMR. I'll definitely earn money on XVG but I also know that XMR is the king of privacy when compared to all existing coins
Samuel Rogers
Trying to decide if Monero's lil bro is a wise investment. Why doesn't biz ever talk about this?
Austin Mitchell
This. Monero is the real deal. Zcrash is known for two things: the greatest price crash in crypto history, and for being so traceable that the feds closed in like it was leaving a smeared trail of shit
Hudson Parker
What about Zcoin?
Noah Stewart
Tell me more of your superior technology >pic related
Zachary Peterson
How fast and expensive are the transactions in Monero currently?
Leo Wilson
superior than Zcash and Dash
but worst than ZenCash, so yeah dump BTC then will go to Zencash when it hits lows.
CRY ABOUT IT
Parker Cook
>Wow this shitcoin has a colorful infografic >I'm seriously impressed
Optional privacy it's equal to getting tracked, which completely defeats the purpose of privacy Dash is literal shit, and ZCash has nice but crypto which is made completely useless by the inherent necessity of a trusted setup zk-Snarks have
Ryan James
It's Zcash but less Jewish, the main difference is the lack of premine and devs that aren't baked by JP Morgan but unfortunately you still get the backdoor
Eli Butler
>Monero transaction volume has not increased in months
