>great community: people who actually understand how blockchain works and don't hype vaporwave tech >working product with actual use case. scales pretty well and top notch privacy >active users that actually use the token for something >intelligent team, peer-reviewed papers, active in cryptography research scene >working wallet: do you want to run a node on arch linux and generate a wallet via CLI? Works out of the fucking box unlike 99% of other projects
Sure, I hold some other coins too. VEN has a nice business so I have some of that too of course. I have some gamble coins too, definitely.
But in terms of blue chip? I will never hold fucking ETH as a "blue chip." Solidity is absolute shit, all DAOs have been disastrous, ETH doesn't scale, Vitalik is a clown, the governance is shit, everything is bullshit. This is not a blue chip that lets me sleep at night. Bitcoin? Fuck no. Overcomplicating scalability to appease the million third parties involved and the conflict of interests? Lightning Network is a fucking monster. Maybe it'll work, but it cannot work without hurting decentralisation and creating a lot of drama. I'm just not comfortable with any of these coins.
Monero on the other hand. Hands down an absolute winner
Thats why I only have 10% of my holdings in Monero...every serious Exchange will be forced to drop Monero. This would be the perfect currency but if you think the european style socialists would let Monero of the hook, you must be retarded.
Elijah Scott
If that's the case I'll buy it. Concrete proof it actually works, haha.
Ian Wood
Guess what else has more value when it's prohibited.
Lucas Thomas
demand will go down if it becomes harder to get, not up
Eli Jackson
>This means the demand for monero increases as its harder to get? that means at some point you'll be able to get it for half the price
>Solidity is absolute shit I bet you don't even know how to program, Solidity is nearly identical to Go. Also most mainstream languages will be able to write contracts once WASM is further developed. >all DAOs have been disastrous No? You're probably just thinking of the 2016 DAO. >ETH doesn't scale Eth scaling already has it doing 1000 tx/s on testnets, and it has a lot of promising upgrades in the works. Anyway this is funny coming from a monero shill, considering monero has serious scaling problems as well.
I can't wait until no one uses Monero because Eth's zk-SNARKS make it obsolete. Very few people will care about Monero when they can just have a crypto credit card that automatically makes all their transactions private through a dapp.
Parker Lopez
Yeah cos bible clutching amerifat republicans love it brainlet
Nathaniel Lee
>I bet you don't even know how to program, Solidity is nearly identical to Go. Also most mainstream languages will be able to write contracts once WASM is further developed. LMAO don't even try to compare something co-designed by Ken Thomson and Robert Pike with the abomination that is Solidity that's fucking offensive bro
And good luck with implementing proper privacy on a turing complete platform. The attack surface of ETH will keep everyone who is serious about privacy away from your platform
Jaxson Sanchez
along with tax evasion and money laundering.
Every single one of these uses would benefit from better on/off ramps though. There's way too much difficulty and friction involved to get your hands on monero as it is, exchanges dropping it is moving in the wrong direction.
Gabriel Adams
>supporting this coins supports child pornography no thanks jeffrey
Benjamin Fisher
I bought into SUMO early and these fucking monero whales keep fucking with the SUMO price.
XMR = big fatcat capitalist monopolists. You can all get fucked.
Grayson Cook
This.
Until sites like localmonero really kick off with reliable sellers to convert it to fiat or trade for other alts, and manage to dodge AML.KYC regulations, Monaro will be squeezed out.
It's great in concept, but an anonymous coin will absolutely need to be liquible into fiat easily and anonymously by those who use it, or it's not going to have mch worth once the big exchanges make it impossible to trade.
Levi Cook
>offer service and product >get monero >buy service and products you dont need to liquidate if you use it as intended
Oliver Foster
>that first paragraph alone Jesus christ, is this true about solidity or fud?
Parker Butler
Yes, but in the real world, people accepting Monaro for items requiring anonymous payments want to turn it into fiat cash to buy real things with.
I shouldn't have to explain this.
Brandon Hughes
Doesn't Monero have 'lightning network' functionality as a long term goal? I heard fluffy say that at a talk he gave once.
Juan Mitchell
It's all real, check for yourself
Dylan Gomez
OP is right.
But Monero has a huge problem. It will eventually get killed by regulation. Monero is a huge problem for law enforcement. The only way to stop using it for money laundering and terror financing is to force the exchanges to delist all „untraceable“ privacy coins. Will happen sooner or later, screencap this. Monero is a dead coin walking.
Dominic Martin
Or they use the monero to buy other real things with monero >sell drugs for monero >buy guns with monero Not too complicated
Asher Turner
Fluffy is an attention whore, he's not in charge.
Tyler Nelson
Lots of decentralized exchanges in the making. They will get rid of it the same way they got rid of sci-hub. They haven't. Monero is the cockroach that will survive all FUD, all regulations, all crashes, and all bubbles.
Chase Young
lol this shit's gonna be gone after g20
Anthony Hughes
If Monero (XMR) plays its cards well, it will become the greatest revolution in offshore/anonymous/private/secretive/tax haven/secure banking.
Monero (XMR) will most likely seek protection and make a permanent agreement with a country (most likely one possessing veto power at the UN security council) so that both Monero's interests and that country's interests matches.
Monero (XMR) will then implant itself in that nation and become a mega corporation of that country (defending and representing its interests). That nation will most likely designate a special zone that is commonly known as a "tax haven" where Monero will set up its headquarters and operate.
To any one who doubts me, shadow markets account at least for 22.67% of world GDP.
you can always exchange monero for something else on decentralized exchanges...
Dylan Morales
Any actual src on the 'banning' of Monero? I see NO exchanges dropping it. Prove that they are, in Japan or otherwise.
TOR isn't banned I2P isn't banned Encryption isn't banned
Why would XMR be banned?
Owen Nguyen
How does that work? They make privacy coins illegal? Yeah fucking right. If anything it will make the value go higher.
Jeremiah Miller
don't mind these ignorant fucks.
Also if you think ANY decision will be made at a single g20 summit and immediately passed into law you're retarded.
Grayson Roberts
I don't even own monero but this is such a stupid argument. Crypto was designed to be DEcentralized and everyone wanting gov and institutional acceptance is getting ridiculously fucking annoying.
>yyaaay jp Morgan like bitcoin now >congress said good things about crypto guyzz
fuck these normies.
I would rather see crypto destroyed than ever become centralized and "accepted" by large institutions and gov. Let them try and ban it, that's the destiny of GOOD crypto projects. Not the type of trash that's shilled here everyday.
I just convinced myself to buy monero.
Parker Moore
Drug dealers buy their drugs form somewhere that doesn't accept Monero, as do gun dealers. Ultimately everything requires fiat. So there has to be a means to make that transaction or vendors won't use it. There has to be liquidity
If you cant pay your mortgage, car payment or go on holiday with it, its got limited use other than as a means of anonymous online transaction.
Vendors aren't buying guns and other drugs with their earnings. They are buying houses cars and hookers.
It seems like nobody here has studied the history money. Feels comfy.
Jaxson Hill
Finally someone who is not a brainlet. Lighting network is going to fuck the decentralization of bitcoin so hard. And 90% of those crypto "investors" has no idea.
Matthew Allen
>the history money Elaborate?
Adrian Jackson
no idea what that guy is talking about, but monero is significant to me beacuse it is fungible: this is the property that ideal currencies need to thrive. see: john nash's thoughts on the ideal currency. furthermore, it's one of the most active projects with a healthy, enthusiastic yet skeptical (every sunday is skepticism sunday in /r/monero) community that will foster long-term growth. seriously, it's one of the only communities where people are more focused on technical improvements more than price. that says a lot especially given the past 6 months. let me know if you have any questions my friend!
Austin Edwards
That's actually the only rational, logical and practical way for Monero (XMR) to survive and prosper safely.
Xavier Mitchell
> rational > logical
its neither of these
what will happen is the moment governments exert pressure on exchanges to delist coins like monero it will lose a significant portion of its value
you and all the other delusional libertards greatly overestimate how much the average person cares about privacy (they dont, at all, evidenced by the widespread use of credit cards and banks over cash and money in the mattress) vs ease of use
the idea that regulation "doesnt work" because there are still people using illegal items is pants on head retarded. The whole point of regulation is not to stop an activity from ever taking place, which is impossible by current means of law enforcement, rather it is to make said activity significantly harder and discourage attempts, which it does and does well.
sure monero will "survive", in the sense that it will still be used at $50USD/xmr. But if you're hodling it planning for some monumental increase in value, you're simply deluded and engaging in wishful thinking.
Most coins are overvalued. What drives the overvaluation? greed. No one is getting greedy about a coin that is going to lose normie purchase.
Evan Gomez
>implying bitcoin is decentralized user I...
Gabriel Cox
May I remind you that "Tax Havens" do exist in our world. So allying with a permanent member of the UN security council is the most logical, rational and practical solution for Monero (XMR). Of course Monero (XMR) will lose its independence but that's the price to pay for safe survival and prosperity.
Elijah Walker
I shorted this shit and im on 30% ROE so far, yeah keep HODLing this shit when it has broken 2 long term trendline support in a bear market you dumb fuck
Michael Evans
like most libertards, you lack a distinction between "can happen in theory" vs "will happen in reality"
the only thing that is going to happen is monero will lose a lot of value. It will continue to be used by drug dealers and money launderers, but thats about it. And if you are similarly deluded that this alone will drive up the price, well it already has widespread adoption in that arena and is currently down to 190USD from its all time high of 500USD.
There is nothing in the future to suggest that monero will ever breach that point again. Conversely, there is a lot of evidence that it is going to bleed like a stuck pig with the coming - and inevitable - regulation of crypto.
Grayson Clark
The market isn’t bottoming out. The stock market has been at all-time highs, and still is. The crypto market, on the other hand, is bottoming out because everyone is realizing that every cryptocurrency is more useless than the next. FOMO was the only thing that soared the prices, but that’s gone now. People realized that they weren’t missing out on anything. If you’re planning on making money in the crypto world, good luck! You’re going to need it!!
Jace Murphy
Buy some XMR today and forget about it for a while, it's not too late.
>And if you are similarly deluded that this alone will drive up the price, well it already has widespread adoption in that arena and is currently down to 190USD from its all time high of 500USD. Lol it's down because EVERY OTHER COIN is down you retard
and adoption of crypto for illegal activities is constantly ON THE RISE (check the figures in global drug survey 2017 where more and more turn to digital black markets, and black markets is a big industry)
There's no reason to believe XMR will bleed more than any other coin, especially given that it's one of the very few that is being used for something. Holding value that you can exchange without trace on the internet is something desirable for many smart people. It's literally inconseqeuntial whether it's traded on centralized exchanges or not. Every intelligent person in the world can see the value of holding XMR as an insurance that they can trade anonymously if the situation requires it.
David Scott
Yeah I hold RLC too but why are you comfy with it? Do you think Amazon, the biggest most active powerful enterprise in the world right now, will let go of the sector that they absolutely dominate and provide them with the highest margins?
I agree that they have a good team and a good use of blockchain, but I don't know. What makes you so confident about them?
Dominic Perry
Solidity is garbage
Gavin Phillips
The platform that will overtake eth is Zil
Blake Turner
Seriously fuck govt and institutional acceptance. The point of this tech is to upend centralized control and these fools are instead clamoring for it
Samuel Nguyen
turn off your log scale pajeet
Grayson Bennett
This. I'll buy some monero as soon as I get a better paying job, just because I think it's the right thing to do.
Thomas Robinson
>Monero (XMR) will most likely seek protection and make a permanent agreement with a country (most likely one possessing veto power at the UN security council) Most retarded post I've read all day. There are only 5 countries with Veto power on UN security council, and none of them are friendly towards money laundering and capital flight.
Adam Peterson
I work as a software developer and LOL whenever I see someone taking Solidity seriously. It's a fucking joke of a programming language.
