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Author Topic: It's all one big scam people... Monero dead now.  (Read 1983 times)
traderethereum
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October 11, 2016, 08:01:56 AM
 #21

i think monero is not dead for now, but yes the price is getting down and its time for down trend. better you buy another coins to make another profit. but if you have many monero, i think you can make lending for traders so you can grow your monero into another amount and finally when the price is up, you can sell all of your monero to make a good profit.

Spoetnik
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October 11, 2016, 08:04:48 AM
 #22

Let's face it guys. Every totally anonymous, untraceable and unable to be 'legalized' coins have no future with the main customer market.

It will be ever outlawed and pushed away as criminal coin by mainstream. Monero unfortunately is one of these coins.

It will remain currency of some black markets, and we all know that no black market is lasting for long.

Yup and they are in denial about it too.

Question is will the Marshall's auction of seized Monero coins ?  Cheesy

FUD first & ask questions later™
dinofelis
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October 11, 2016, 11:18:27 AM
 #23

Let's face it guys. Every totally anonymous, untraceable and unable to be 'legalized' coins have no future with the main customer market.

Of course not.  The only thing that can reach "main consumer market" is a government-regulated, elite-scammed currency.  You already have that: fiat.  It is the only thing that can get "main consumer market" acceptance.  No crypto ever will, because a crypto is much more hassle, *especially* because it is not supposed to be centrally controlled.  Once you allow for central control, there's no need to go for crypto, and crypto has only disadvantages.  The only thing that works well centrally, is what we have now: fiat.  What makes crypto different from fiat is that it is not centrally controlled, and that is exactly what states don't like about it.

So, if you want to be law-abiding, stay away from crypto all together.   As will the main consumer market always do.  So "will not be accepted by the main consumer market" is valid for every non-centrally controlled crypto, whether anonymous or not.

The *only* thing crypto is useful for, is to do stuff governments don't like (to different degrees).  That will only become "main consumer market" if ever we get rid of government all together.

In as much as a crypto can be legalized, it loses its purpose (except as a betting token in the toolkit of professional financial gamblers).  Maybe one day governments will issue legal things that look from afar like crypto.  But it won't be crypto, because it won't be distributed and non-regulated.  It will just be another kind of fiat, with some technology taken from crypto.  That's the only thing that ever will go "main consumer market" as long as there are governments around.

Crypto is not meant to go "main consumer market" but to have a tool to have economic freedom without government, whether hidden, or whether because people got finally rid of it.  So the idea that crypto should comply to government demands to go mainstream is ridiculous.

You could just as well require terrorists to have a work permit for their actions.
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October 11, 2016, 02:17:00 PM
 #24

XMR is done like dinner, even if pump again it will never be accepted as real world usage.
This is why I love WBB dev direction as he is GOING for biz/customer usage Smiley
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October 11, 2016, 07:11:02 PM
 #25

XMR is done like dinner, even if pump again it will never be accepted as real world usage.
This is why I love WBB dev direction as he is GOING for biz/customer usage Smiley

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