The purpose of xmr is to protect one's privacy. This is at least my understanding. I dont view monero as a bitcoin killer or even a litecoin killer. Its there with one main purpose, to ensure everone a right to privacy. Not everyone cares about privacy. So bitcoin is not going anywhere anytime soon. But there are people that value their privacy. For them monero is a perfect solution.
Also, there is no reason to use monero for tax evasion, or to think about it as being desing for this purpose. In monero you have view keys, to disclose the transactions when needed. So a merchant or a person can keep their transactions privet from other merchants or people, but be fully transparent to tax office to which he/she can provide its view keys.
Companies and governments determine what money they accept, and what company or government is going to want a money that links them to all their activities for all time? Yes, companies and governments decide, and they will not allow anonymous or even psedoanynomouse cruptocurrency to be "officially" used which is not controlled by government/company. In Russia, for example, they already want to launch their own cyrpto, approved by government. The "BitRuble will not be pseudo-anonymous like bitcoin due to the aforementioned Anti-Money Laundering (AML) and Know-Your-Customer (KYC) policies pursued by the regulator". Its super easy for government to force ppl to use their 'own' cyryptocurrency. Its enough that they will pass laws requiring merchants to accept NSAcoin or whatever coin (or employers to pay salaries with such a coin) that the government can track and control. Not every country will do this. Some countries that care about privacy (like Switzerland or something) might go the opposite way and embrace something like Monero in an attempt to attract privacy focused businesses (like shapeshift) who are seeking a new home. In the future people may immigrate to new countries for privacy reasons. Under the USA and EU pressure Switzerland has modified its legislation. They offer no more numbered accounts and they exchange client datum with USA and other countries. Other offshore countries also begin accepting AEOI rules under USA pressure. |
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BitPay blacklists suspicious bitcoins. https://www.reddit.com/r/Bitcoin/comments/3mea6b/bitpay_is_blacklisting_certain_bitcoins_rejectingOther crypto coin merchant processors will soon follow BitPay. BTC has attracted huge investments from venture capitals because it is transparent. Otherwise it could not attract any single cents. All countries follow anti money laundering, anti terrorism and KYC rules. Above said, do you think that stealth digital currencies will be used elsewhere other than on underground markets (which is a very limited scope of usage) ? |
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If such legit merchant processors as Bitpay and Coinbase reject dirty BTC, why do you think any crypto transaction processor will accept XMR payments if everyone knows that XMR is widely used for dark deals? The laws in every country are different and will impact the decisions of companies like Bitpay. If enough companies start to blacklist BTC then the acceleration to alternatives such as Monero will accelerate In the field of AML/KYC/Anti-terrorism all countries laws are relatively similar, so don`t expect that big companies will invest in stealth digital currencies. So stealth currencies will only be used in dark markets which is a very limited frame of usage. |
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If such legit merchant processors as Bitpay and Coinbase reject dirty BTC, why do you think any crypto transaction processor will accept XMR payments if everyone knows that XMR is widely used for dark deals? |
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Don`t make me believe that spamming is the only thing VNL dev can do. Instead of producing substantial arguments in your coin`s favor, you begin spamming? |
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Guys, where is your statdude? The guy who was cheerleading vnl some months ago? Did he betray vnl as many other coins before?
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So, as of now, the dev of vnl remains a fraudster?
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Nope none of it was really relevant lol im not sure what code you were poking around in, care to elaborate? Oh you mean devcoin? Yes i did the new devcoin port from btc0.3.6 to later version.. I did the first merge mined android wallet. I ported rsnels disk index optimization which allowed your merged mined coin here (or future one) for which you are borrowing code for to work withou major memory bloat issues. So before you go and make random quotes which you love to do you should really check yourself before making yourself look like a monkey  Actually the btc you paid for ehich you got returned was for a coin which used alot of my code, I guess you like to have your pie and eat it too? Are you this clueless with everything you do in life or just crypto? Id like you to quote where you were making fun of my code so I can laugh at you some more. And no im really not a tryhard.. Read my posts.. I really detest posters who try hard to seem knowledgeable yet dont know jack (you) by trying to make fun of every poster which you dont agree with (see all your posts here). Seems like its your personality which really is unfortunate. your guilty conscience is really showing in your digging up and exposing of your self perceived flaws i'm not sure what you are talking about me borrowing anything from you in regards to anything... some sort of paranoia setting in apparently.... i also dont know what 'ehich' means if you would like i could fix a lot of your issues, obviously not for free, since you keep bringing up my apparent poverty (i own my own house and haven't had needed a 'real job' for over 20 years, pretty good for a 'kid' huh?) i'm positive this should be ok for you.. we can do it over skype.. mumble...etc.. via voice or video.. or whatever if that is ok? we will be able to fix your lack of self esteem no problem! it might take awhile (obviously since its pretty ingrained.. (abuse?)) but i am very confident in my skills, basically the opposite of what you are to finish this off, i don't know why you keep trying to inflate yourself in the eyes of your peers when if you believed your work actually spoke for itself you wouldn't have to (as you should have been taught but weren't, your actions speak louder than your words... at the moment your actions show you are a shill, and your words show you are a coward trying to over exaggerate your worth, while still trying to get in the last word)... if i were you i would be the bigger man and not respond, knowing that i am right, licking your wounded ego, just message me letting me know how you would like to go forward with a few (paid) counseling sessions.. Great amusement kiddo! Yet you again ignore anything i say lets try it again shall we.. Im not inflating anything but id have to say code id ever write would look nice compared to anything you can do because you dont even code, yet you have the odacity to try to even hint at making fun of someone "code" by bringing up previous projects just speaks volumes about who you are and what you stand for, for this reason it becomes apparant your a fake and anything you say is a lie because you cant put your money where your mouth is.. Let me guess, a car salesman? Maybe a shoe salesman like al bundy? Whoever has to work with you has to be giving their head a shake. Someone who likes to chime in on things without having clue about what they are talking about. Cya monkey Oh sidhujag has abandoned the great syscoin market project? |
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If you are legit, why your thread is moderated? |
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I`m planning to release Manchester coin and Liverpool coin. Maybe we can partner?
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Smooth - the dev of XMR has made serious accusations against Vanilla coin:
john-conner's project, Vanillacoin (VNL), includes a significant amount of reformatted and, at best, lightly-edited Bitcoin code which has illegally and unethically had its attribution and copyright notices removed. In addition, he describes Vanillacoin as written "from scratch in its entirety", a false, misleading, and fraudulent claim that is being used to promote his coin. Given that this shows dishonesty, low credibility, and willingness to engage in unethical conduct, extreme caution is advised.
What do you guys think? Is this accusation grounded?
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order books looking slightly sad  hope its not dump on the news. Dump on news? hahahaha If you want to follow that logic you have to dump all your coins, because with Vanilla there are news almost every week. Dev is working hard and pushing code every day. and every day we have dumps You should hurry up then and sell your coins... He must be a bagholder of VNL and he will only sell if VNL price will significantly rise. |
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Depends. If you're talking about doge, it'll last forever. Doge is done, dead, gone. It is a lost cause. As for others, it depends. Litecoin recently went through a halving, it didn't do much except for an exceptional pump (followed by an exceptional dump). It sits at about twice it was at 4 months ago, but it's still in a bear market. I think it's going to be riding below $5 for the rest of the year. Maybe we'll see $6 sometime in 2016, if it acts like how bitcoin did with it's first halving, we're going to see a significant rise sometime December... but it's a whole other market right now. We're going to see a slow and somewhat steady rise to $7 until the next halving.
And I wouldn't know about the rest of them, I don't know enough to comment about the rest of them.
Why do you think DOGE is dead? Why are you waiting for a significant rise of LTC in December 2015? When is the next halving of LTC? |
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My question was if you could prove that NXT is scam |
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How long do you think bear market will last for altcoins?
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NXT is not scam. It`s a good coin.
NXT is not a good coin. It's a scam, and provides a scam-platform to launch other scams (SuperNet, NautilusCoin, jl777hodl, etc.). Can you prove your accusations? |
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NXT is not scam. It`s a good coin.
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