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Monero has a good dev team and a strong community. They are actually doing something useful too (privacy).
It will end up being one of the survivors after the cryptobubble bursts.
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I bought this right before it tanked, seems to be coming up now though. Everyone buy more so I can sell!
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okay... whats the point in the adolf branding? Sure to be a really successful project, cool guys /s
As far as I can tell it's mostly to keep the wrong types of people away, when we came under hash attack the main dev said "I probably didn't make it nazi enough" on IRC. OK, so it is a nazi coin then. Well good luck with that. Not sure why admins don't ban this thread, i guess it's obvious as anything but never assumed I would see a hatecoin A hatecoin? They just don't want people like you involved lol, and it's working. The great thing about that strategy is it's so amazingly good that it even works when you know it's only there to keep you out. |
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Well, I lost 50% of my investment in IOTA so far lol
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Just look at Monero github, they have a very strong development team and strong community. It's also the only currency with good privacy - the other competitors are DASH which is actually less safe than just using coinjoin with bitcoin, and Zcash which is not trustless (you must trust the founders really deleted the data used for starting the geneis block otherwise they can see all your transactions).
If there's anything that has the right foundation to really join bitcoin and ethereum up the top its Monero.
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what is going on with etc any idea? it's %20 up in last 24 hours   ETC has a better development community than ETH. They are solving totally different problems now. If you really believe in decentralized cryptocontracts and the spirit of open source, ETC is the way to go. If you believe in a blockchain for corporates, go with ETH. I'd say ETH will stay at its current price of $50 and maybe go up to $100. ETC will not stay at its current price of $2, it's going up to $20 or $30 when people realize what's happening. |
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Here are the differences:
Dash: scam. Instamined, claims to be anonymous but isn't, spends buckets of money on marketing instead of letting the code speak.
Eth: Started out good. It's a turing complete cryptocontract platform, which basically means anything you can build in code (including other cryptocurrencies) can be build on ethereum. The problem is that development is very centralized, they are being guided by huge organizations instead of grassroots users. Price will probably keep going up for a while but I would actually put money into ETC instead of ETH because it's far more decentralized (in terms of development and direction) which means it stands a chance of becoming very very big (compare the "Internet" to "Microsoft Network").
BTC is losing market share right now as people look towards altcoins, it's typical gartner hype cycle situation - the prices will go up, then the vast majority of them will go to 0, but some will survive the culling and prove to be useful for some of the things they are claiming right now and emerge as stable and dominant players. BTC has already proven itself (in this regard), so when all these altcoins start heading to the floor BTC will be a safehaven.
The only one I would say with confidence will emerge on the other side as a dominant player is Monero because it is really being used right now and has a great development community. Everything else (in my opinion) could go either way, though either ETH or ETC are probably going to survive too, the potential is huge for both.
That's my opinion anyway.
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Pump and dump means that someone (or a group) edges the price up and up then sells causing the price to crash (they profit).
Monero is the only altcoin I have long term trust in. Ethereum classic is a gamble.
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I really want to hear more about these cartels
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This is all controlled by malaysian cartel.
OK thats very interesting, can you give more details? What cartel? How do you know this? |
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The easiest is forknote. Have a look at that. You won't need to do anything to get it working.
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I've been burned by more than I want to mention, but fortunately I got into BTC early enough that it's just play money anyway.
Monero is the one coin I have serious long term hopes for, I'll be going down with the ship if she sinks.
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^ Yup. This is the real deal indeed.
I forgot to include this coin on my "next mega pump" list.  I have been waiting years for this coin! Although, their disclaimer for the alpha is kind of scary... I guess we should wait for the beta? No seriously. The tech their team is trying to develop will make Dash and Monero look second rate. Yup, its proper anonymity. As in direct anonymous payments, no mixers, no 3rd parties, nada. There are no mixers or third parties in Monero. You construct the transactions entirely on your own (can even be done offline). Dash does use a masternode to coordinate coinjoin transactions, which is sort of like a mixer, although it can't steal your coins. Functionally the main difference between Monero and Zcash (esp. after RingCT is integrated) is that Zcash has a larger anonymity set at the level of individual transactions (all previous users) than Monero (some randomly chosen subset of previous users). In practice the difference is likely somewhat narrower, but difficult to fully characterize. The trade off for that difference in anonymity set is a wide gap in efficiency, a wide gap in cryptographic complexity and maturity, probably a gap in implementation maturity, the trusted setup, some functional limitations, and some stronger cryptographic assumptions (meaning more ways it can break, but not necessarily to a degree that is a huge concern). Anyway given that Monero already uses cryptography rather than mixing, the option to swap out the cryptography with zerocash exists, just as regular ring signatures are now being swapped out with RingCT. There are no current plans to do so for the above reasons, but if zerocash techniques become more mature and trusted (and perhaps efficient), and it becomes clear that's what users want, it could be done at some point. tldr, these are both serious, credible cryptographic techniques to deliver private transactions, with different advantages and disadvantages. What about having to trust that the people who generated the initial zcash parameters really didn't keep the data? I know it's very unlikely, but having to take the founders word for it rather that cryptographically proving it kind of defeats the purpose. |
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Eth is more scam than Dash as it don't even have a reasonable working wallet, not many people able to use it but the pump going mental.
Because ETH has potential and a future, DASH does not. |
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Hilarious.
They also pretend that coinjoin snake oil is even more secure when you have trusted nodes seeing inputs and outputs that can be run by anyone with 1000 coins, anyone includes law enforcement by the way.
Comparing the chatter in their messaging groups to something like Monero is also very eye opening. Here, I'll summarize:
Dash group chat: Pump! Pump! Pump!
Monero group chat: what's line 121 in src/cryptonote_core/daemon.cpp doing?
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