Monero

[Nhebu]

Why you hold it? 

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.

[karinaloren]

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.

[JuniAiko]

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).

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.

[generalizethis]

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).

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.

[NeuroticFish]

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.

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 (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.

[zander09]

Why you hold it? 

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.

[Febo]

I'm not a big fan of Monero , I have nothing to hide and I like to be able to look at the transaction and address information and it should be public.

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.

[Mavilcposeti]

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.

[Febo]

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.

[neinnein125]

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.

[Greenkarki]

People have different tastes and preferences. If Monero still exists, then it is in demand. The main reason to buy Monero is a person's desire to buy an anonymous coin. Personally, I do not like Monero

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.

[karinaloren]

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