who is this mr. peg guy? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) He's the shirtless guy dancing alone, the Monero Devs (innovators) are the event coordinators, and early adopters are the music.
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monero is overrated as fuck. dont get fooled by this obvious scam
it is just a damn clon and has no official GUI
Translation: I just opened a short on Poloniex, so I'm desperate for the price to go down.
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Too bad the Bitcoin Mods here respect the Monero Devs too much for this to be any more than wishful thinking for Monero haters. Some people subconsciously think themselves poor and that's why they jump on bad investments and scream bloody murder when a good one presents itself front and center with no more risk than their bad investment except for the time it takes to research the facts.
I just wanted the best means for financial privacy; the rest was bonus.
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Hey guys, i have a little btc set back and i was wondering which altcoin that costs less than 10k satoshis i should invest in what coin do you think i should invest in and why?
What do you value in a coin? I ask because a coin should be a long-term commitment; the same way if you're investing in a stock: once you decide to invest in a stock, you should then follow that stock's news, updates, quarterly reports, incoming and outgoing personnel, R&D, competitors, ect.... Find the one(s) that fits your needs and start researching. The monetary investment is only the beginning stage to what should be a mutually beneficial relationship. I'm assuming when you say invest that you mean investing and not trading--which are two different skill-sets that sometimes, but not always, overlap.
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Monero is just another Altcoin that claims to be the best, but really has no use making it useless. And they have the guts to attack Litecoin and state that Litecoin's useless... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Litecoin's about as fungible and anonymous as Bitcoin, so yeah i'd chose the Original between those two, but seeing how I want privacy and fungability in a coin, I'll chose Monero. Good luck getting to "25% of Bitcoin's price" (based on no difference worth noting) said everyone who was buying and holding LTC in November and December and January and February and March.... It's not that LTC wasn't different than Bitcoin, it's that it wasn't different enough.
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I suppose it's the one you find that fits your needs or opens up possibilities you weren't aware of--happy hunting.
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Oh wow, sorry that happened. I guess it just sounded so much like the arguments that early bitcoin-haters were spouting, that when I tried to quote you, bitcointalk got confused. Apologies for the error.
Your error is comparing monero to bitcoin. You sir, have no sense of decency. Yeah Pegasus, what are you doing confusing a clear blockchain with transaction issues with an opaque blockchain with no transaction limitations?
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Some of the posts in this thread could be a candidate to be quoted in the bag holders thread. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) The Bitcoin bag holder thread. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Last time I checked Winkelvii were all about first mover advantage, second rate ideas.
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Mine is that if another coin surpasses Bitcoin that it will set cryptocurrencies back 5, 10, 20... years.
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Bitcoin--because some of its community post threads or comments in the alt section to defame coins they're threatened by. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Please try to stay on-topic. Thanks. Sorry, didn't realize we were using r/bitcoin rules--next time I won't dare to criticize Bitcoin supporters or obvious attempts at answer bait.
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Bitcoin--because some of its community post threads or comments in the alt section to defame coins they're threatened by. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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This is why crypto is a joke. Idiots like op make all of us look retarded.
Pretty much. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) It's not even the OP. It's this whole 'industry'... It's like penny stocks and pink sheets. It's where the scams are. If you can't flesh out google from pets.com, that's on you. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Please show me JUST ONE person who use Monero in black market.
I would assume at least one XMR.TO or Shapeshift user does, but pretty sure that they use it to remain un shown. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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This is why crypto is a joke. Idiots like op make all of us look retarded.
If Monero solves anonymity/privacy best (it does), is scalable (it is), had a fair launch (it did), and has a great development team (they are), then why couldn't it reach those levels?
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Outside of the current options, there is another possibility: there are people who seem to get unfair advantages, but never seem to consciously plan to cheat or harm another person to gain the most benefit for themselves--it just always seems to work out that way. Maybe Evan's just a subconsciously crafty individual and everything looks just peachy to him on the conscious level. We can call intuitive deception.
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Where in that post did I mention fairness?
I'll say it again. If you want a direct financial payback for your work, just buy coins, and then work to make them worth more. It's maybe "not fair" that you got in early and cheap, but I fail to see any reason that model doesn't work.
A desire to preserve fairness or live up to some lofty ideal are the only reasons I can see for the Monero team not having several hundred thousand XMR set aside for development. A clever individual could have found a way to acquire these coins, and then you could have even preserved the image by funneling them into the donation address. It is an anonymous coin, after all You mean clever like Evan? That's not coming back on his coin at all ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Also, are you just ignoring ArticMine's FinCen observation or just don't understand that an IPO type launch could DOOM Developers who used this type of tactic to raise funds? I like my Devs free form controversy and governmental investigation. Your selfish-idealism may prove to be the bigger hampering to any long-term project in crypto. Also, is the fact that the best, biggest and most successful cryptocurrency project was/is being carried out in the same manner as Monero lost on you? Bitcoin may have technological limitations when it comes to privacy and scaling, but the launch and development are the biggest success in an e-cash ever. Whatever works, works.
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The best people are already contributing to Monero IMO, and no, I'm not one of them (at least codewise).
I don't disagree. I've said before that I feel that Monero has the best team of any altcoin. But having the funds to get individuals like Anonymint onboard would have been huge. Donations aren't enough to enable that. Anonymint can buy/mine coins and contribute to the project to maximize their worth or get involved in a periphery project--same as everybody else. Most coins are doing it the premine/instamine/IPO/ninjamine way, but do not have the best Dev team (or even a good Dev team). The ethical road is working (imagine that), not sure why you think the Devs should apologize for it. I'd have no problem with the Devs instamining the coin and then having their supporters have to defend the action, or Devs creating a centralized solution to lock-up coins to increase the perception of strong financial support at the price of centralization and privacy. The reason, because I'd have no vested interest in a coin like that and would be happy to have the easy ammo as one of its critics. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Until there's an instamine permanently marked on the front page of the dash page, it would not be good for new and incoming investors to not know what they're getting into--do you have a problem with new investors knowing Dash's past? Your concern for "incoming investors interests" is touching. I'm sure exceeds your concern for your own. I'm sure once they have all the facts, they'll use Monero if their main concern is privacy and decentralization. But why would you want to hide the instamine from the Dash front page? If your claim that it doesn't matter is correct, it would save you a lot of time and silence the instamine critics forever.
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Look, the reason why there's a fuss about the instamine.....They cannot afford to have centralized screw-ups like what happened with Dash's instamine I doubt very much that that's the reason. I think the reason is plain and simple - that many people feel it's unjustified that a coin with Dash's stumble into existence be favoured by markets. So their problem is with the market, not with the product, its developer or followers.Coins who's valuation is on the deck don't get this kind of attention. It might be justified if Dash was the only cryptocurrency in existence and one in which everyone therefore had an interest, but it isn't. It's one of hundreds which are all independent of each other. The early launch period may have been unfair to a tiny handful of miners who missed their chance to mine during a few hours (a valueless coin at the time), but it wasn't to anyone else - especially not those who bought it in markets and held an asset that had huge amounts of work done on it during subsequent months. This is not a game with rules. As you are pains to point out, it's a decentralised free market in which developers are free to tweak whatever parameters they like subject to 2 conditions: [1] - their revisions are accepted by a majority of miners [2] - their actions expose them to the risk of market revaluation Those are the only "referees" and Dash is just as subject to their appraisals as every other project in this space. Emission curves are not a question of ethics (at least not for the industry) they are a question of convention, otherwise cryptocurrencies could not properly be called decentralised. The hypocrisy of the near-hysterical 'instamine' rants is that Dash did not have the current valuation when the instamine (low difficulty + slow retarget or whatever you want to call it) occurred. The current valuation has been achieved through the hard work and innovation of many, but significantly the same person who is under perpetual criticism for the bad launch. So there is no "centralised tinkering" that was not subject to the conditions above. Furthermore and contrary to bitcoin's convention, Dash has a stated policy of tinkering with "everything" at an early stage to attempt to "get it right". Whether you think that policy sensible, ethical, commercial, sustainable or not, the dev is perfectly at liberty to pursue it and discover the consequences be they favourable or adverse.Replying (in order) to bolded above: Until there's an instamine permanently marked on the front page of the dash page, it would not be good for new and incoming investors to not know what they're getting into--do you have a problem with new investors knowing Dash's past? Ever heard of paycoin? We can make rules and the no-rules card works for your critics as well. And we are free to criticize it and make others aware of the inherent weaknesses.
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