Bitcoin Forum

Why you hold it?  ???

nobody likes to pay their taxes

I hold it because it is the best anonymous coin and it has a good community and GPU miners can contribute to it.

For me monero is the best privacy coin so far. I have been following their community from the first time monero created and no wallet. Did you try monero ? When you send monero coin to someone you can not track it again. Its totally vanish and people need that privacy.

Because is one or rare coins that will stay after big crypto cataclysm or a Cryptogeddom.  

Why?

Because Monero have real world use. Its nontransparent ledger helps you with keep private your financial datas with partners you are working with in everydays life. When you go to store buy a bread or in bar buying a drink. Bar Waiter cant see how much money you have and where you get it from. And that is only right thing.

Now it does not make sense to keep this coin, as the price of it falls every day. Personally, I have already sold it, I do not want to incur losses every day and waste my nerves.

I personally like it, it has good community, it is anonymous and it is resisting asic domination. Also it has good developers and good track record and fair initial distribution.

many reasons people hold monero coins to keep, this coin has been marketed long enough and the results are amazing ... monero already got full trust from the holder, are you still doubt with this coin?
what do you think

I dont hold it. It is sorda crappy and outdated in a lot of ways. That is why I hold Deeponion. Its better in a lot of ways and will be strong this year. Suggest you look into it instead.

Privacy coins will be valuable in future. Hiden transactions will be desirable for various reasons.
Monero already has a reputation and today's price is attractive for investors.

I don't think people hold it because of tax or privacy, they are very little group of people, most people hold it because they think it will rise due to the its privacy.

I think Monero is the best privacy coin in the space, and sine there is huge demand for privacy,people would like to use what would help them to protect their identity. The concern I have with the projects is that the Asic war is getting into with Bitman team do not worth it at all.

this is the reason why I love monero. violations of privacy by governments, corporations, or individuals become part of the law in many countries, and sometimes, constitutional or privacy laws. Almost all countries have laws that, in various ways, privacy, for example, taxation arrangements, and information on delivery. In some countries, the confidentiality of individuals may be contrary to the rules of free speech, and some legal provisions established by public information identifiers may be considered private in other countries.

I now hold Monero ever since they did a great job combatting ASICs. They proved to be successful with forking and disabling all the monero cryptonight ASICs out there. That for me shows potential of a team willing to adapt and overcome challenges. Surely there will be more development to come from this active team.

I'm confident monero value will shoot up.

Beside monero have good privacy, it's the most best future coin. And today a lot miner want to mining it. I believe popularity monero will be able to match ethereum even bitcoin. So i will hold it for long term. :)

Since you have nothing to hide, please be fair and upload the following documents on this thread.
- Your bank and credit cart statement
- Your national ID or passport + selfie
- And your street adress.

Everyone will agree that you have nothing to hide.

With so many other projects also introducing privacy features, including WanChain, and even Stellar, and what not, to enable private channels and transactions -- on top of the other features that they also offer + business partnerships and some even actual real-world adoption, I wonder what makes Monero appealing?

It does have a good brand name and recognition though, being the first market driver in privacy, and a pretty substantial community base.

I'm still not quite sure if I would be putting more into XMR though at the moment. But would love to hear what you guys think.

You forgot some things from your list, so I'll help:

* A list of valuable goods at your home and at your safe deposits if you have any.
* A list with all your cryptocoins you have and the proof you've paid all the taxes for them.

What you guys are proposing doesn't make sense actually.
I think there are a lot of individuals who do not have anything to hide "with regards to their transaction habits", and it should be quite obvious that he was referring to this rather than what belongings he has at home, etc.

Context -- is important to realise.

So if your transaction habits indicate to your drug addict neighbor that you are hodling 2k in BTC, and he and his buds really need their fix, you're happy he can see that with a copy/paste and a click?

Context -- data is agnostic and what people do with it can't be dictated by your naivety. If you don't want it in the hands of bad guys, you don't want it on a db that has a backdoor and you certainly don't want it on a public ledger anyone can read. If you are counting on criminals never linking you to an address, you are counting on analytics never progressing (though they are quite advanced now and linkages are most certainly possible to all but those who are mercilessly performing opsec--of course those people would gladly use a private ledger to save them the time/effort/odds-of-a-mishap).

Monero is the safest and secured altcoin in cryptocurrency. One thing the investors wanted in monero is the way its anonymity plays over every transaction. As far as I know, monero is one of the cryptocurrency that built the first secured coin using blockchain. I think this are the reason why monero wants by many people.

I doubt buying Monero, cause I think anonimity contradicts the essence of cryptocurrencies...NOW. I just think so.
But the more users will make transactions,the more problems will appear and the more people will dream of hiding its money.

If you read carefully, I am SPECIFICALLY addressing the points in the previous posts by NeuroticFish and Tutankrypto, etc.

And *that* was the context of my post. ;)


also, an inquiry that I have earlier posted:
With so many other projects also introducing privacy features, including WanChain, and even Stellar, and what not, to enable private channels and transactions -- on top of the other features that they also offer + business partnerships and some even actual real-world adoption, I wonder what makes Monero appealing?

It does have a good brand name and recognition though, being the first market driver in privacy, and a pretty substantial community base.

I'm still not quite sure if I would be putting more into XMR though at the moment. But would love to hear what you guys think.

You missed the point--theirs as well as mine. When it comes to transactional data, there is no context in which you have nothing to hide from authorities and criminals. Criminals are always part of the equation when dealing with data spread on a public network--my question, if you had taken the time to answer it, should have made that evident.

To put it more simply: "I have nothing to hide (from authorities)" is a pointless distinction when dealing with financial security over computer networks.

Without quoting, I almost missed this.
Let me explain my point. Whether you have or not "anything to hide" sooner or late some people can find out which are your wallets. And I personally wouldn't like people know the content of my wallet (fiat or crypto). It can lead to issues like the one described here (https://bitcointalk.org/index.php?topic=3274924) (whether it's real or not)

So, it's also important to realize that most Monero supporters have "nothing to hide", still prefer a little more privacy than Bitcoin offers.
And if you start giving up one personal info then another, you may end up to the situation I tried to depict in a not-to-be-taken-very-serious way.

Because right now the value of Monero are dropped and I don't want to loss my money to bought Monero in a high price and now it's too low. I hold it because I believe that coin will have a good price and will give a nice profit.

I have much to hide, but  I am interested why you would like to look at mine transactions and my address I transact? Why?   


If you give your datas to someone sooner or later someone will abuse them. You saw that most recently with Facebook. That is why we have privacy laws. And there will be only more in future.

I started to hear Monero's name often.I've written the reason before.At this time, Monero will also be forked.I have some monero.In my opinion, the current increases are small to the value of the future.

Monero forks every half year. We call that a protocol upgrade. New things  and use case get added to Monero that way. Eventually is planed that this upgrades would slow down, but for now should be kept to be every 6 months.

1. I hold it because it is best working anonym coin and anonymity is very important thing at the year of 2018 (Think about what happened to facebook when they stole identities/information)
2. Monero has the most stable price range.

Monero coin is a good coin in cryptourrency. But the price of Monero is now dropped. In future surely the price will increase but you have to wait with patience. This is first secured coin with Blockchain. It's a best working anonymous coin in the market.  That's why many still hold Monero. But it's a good altcoin with high potential In the market.

Guys, thank you for your opinions. All of them were valuable.