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Author Topic: Why hasn't everyone switched to Monero already?  (Read 1687 times)
Anno MMXVI
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July 26, 2017, 10:43:09 AM
 #21

Monero is a bit the Linux of the crypto-currencies. It is the best but yet the most complicated and not at all user-friendly. The day there will a working GUI and people accepting it, the price will sky-rocket.
Golftech
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July 26, 2017, 11:15:19 AM
 #22

Monero is a bit the Linux of the crypto-currencies. It is the best but yet the most complicated and not at all user-friendly. The day there will a working GUI and people accepting it, the price will sky-rocket.
monero still a project for those who understand i think the marketing team needs to make more social awareness as we knew that there's a big
potentials for this project to really come up again and make another strike, its been quite and its not moving that much so better to keep holding or if
we do have spare money we can buy more and wait.
cryptimus prime
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July 26, 2017, 11:52:27 AM
 #23

Monero technologically is undisputed, but price is not so competitive with some others projects such as Cloak, ZEN, KMD..which are more interesting for investors in terms of return of invested funds.

I would not feel good to have my investment in Cloak and others, especially if they are not cryptographically sound. XMR is a gigant, development, mathematical research and community wise compared to those currencies.
So for bigger investors it is more safe to place trust in Monero instead in simple forks of Zcash which have trusted setup done by unknown developers you have to trust in they wont print coins.

For some it may feel like other coins could give more ROI because their price is lower now and could go higher, but this is wishful thinking and not smart investment or how big money moves.
I see XMR going much higher then it is now, especially because the inflation is going down strong gradually. I think smarter investors right now accumulate XMR very slowly, a sudden strong outbreak of the price will confirm this.
JosNekoKopa
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July 27, 2017, 12:50:06 PM
 #24

Monero technologically is undisputed, but price is not so competitive with some others projects such as Cloak, ZEN, KMD..which are more interesting for investors in terms of return of invested funds.

I would not feel good to have my investment in Cloak and others, especially if they are not cryptographically sound. XMR is a gigant, development, mathematical research and community wise compared to those currencies.
So for bigger investors it is more safe to place trust in Monero instead in simple forks of Zcash which have trusted setup done by unknown developers you have to trust in they wont print coins.


Cloak has very serious project, an i don't know why people have prejudice their main developer Razor is very talented and now working on Cloak as full time job. Also they have now additional developers Java, C++ and they are working without much unnecessary bragging. Do not forget they are not copy paste they have their own solution for anonymity.
They are just modest working guys, and probably should be more aggressive like Monero.
Snickers01
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August 15, 2017, 07:50:43 AM
 #25

Monero isnt trusted its a ripoff of bytecoin

Moneto is all hype not worth my dollars
ROT13
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August 15, 2017, 07:55:35 AM
 #26

One of the most telling indicators about how much solid tech and anonymity is really valued versus marketing and hype  Grin
Pierre 2
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August 15, 2017, 08:20:31 AM
 #27

It is too expensive to switch and anonymity isn't enough for lot of people.
I love to stay on legal borders with crypto, so bitcoin and ethereum are better choices.
swissgang
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August 15, 2017, 09:13:50 AM
 #28

I need no privacy or anonymity as my money is legit! and I am not obsessive about it regarding security bitcoin is the best it is enough for me.

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