Could Monero replace Bitcoin soon?

[dwgscale11]

Lol, Monero will not replace bitcoin. Wake up

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[parthack9]

Monero, maybe litecoin, maybe dogecoin, or perhaps a new currency 'will be' created and will replace 'all. Monero is an interesting alt btw

Ummm dogecoin does not even exist anymore, what are you talking about?

[owlcatz]

Monero, maybe litecoin, maybe dogecoin, or perhaps a new currency 'will be' created and will replace 'all. Monero is an interesting alt btw

Ummm dogecoin does not even exist anymore, what are you talking about?

Not a big follower of doge anymore, but what's this then?

https://poloniex.com/exchange#btc_doge

[parthack9]

Monero, maybe litecoin, maybe dogecoin, or perhaps a new currency 'will be' created and will replace 'all. Monero is an interesting alt btw

Ummm dogecoin does not even exist anymore, what are you talking about?

Not a big follower of doge anymore, but what's this then?

https://poloniex.com/exchange#btc_doge

Well I'll be a monkeys uncle, I thought it was dead

[owlcatz]

Monero, maybe litecoin, maybe dogecoin, or perhaps a new currency 'will be' created and will replace 'all. Monero is an interesting alt btw

Ummm dogecoin does not even exist anymore, what are you talking about?

Not a big follower of doge anymore, but what's this then?

https://poloniex.com/exchange#btc_doge

Well I'll be a monkeys uncle, I thought it was dead

I know right? Strangely, you can margin trade with it. Those old doge whale bag-holders I guess. Speaking of margin trading. I hear now is a really bad time to short XMR. I hear it's the next bitcoin.   

[parthack9]

Monero, maybe litecoin, maybe dogecoin, or perhaps a new currency 'will be' created and will replace 'all. Monero is an interesting alt btw

Ummm dogecoin does not even exist anymore, what are you talking about?

Not a big follower of doge anymore, but what's this then?

https://poloniex.com/exchange#btc_doge

Well I'll be a monkeys uncle, I thought it was dead

I know right? Strangely, you can margin trade with it. Those old doge whale bag-holders I guess. Speaking of margin trading. I hear now is a really bad time to short XMR. I hear it's the next bitcoin.   

I guess thats another way of saying you think XMR is going to the moon?

[owlcatz]

Monero, maybe litecoin, maybe dogecoin, or perhaps a new currency 'will be' created and will replace 'all. Monero is an interesting alt btw

Ummm dogecoin does not even exist anymore, what are you talking about?

Not a big follower of doge anymore, but what's this then?

https://poloniex.com/exchange#btc_doge

Well I'll be a monkeys uncle, I thought it was dead

I know right? Strangely, you can margin trade with it. Those old doge whale bag-holders I guess. Speaking of margin trading. I hear now is a really bad time to short XMR. I hear it's the next bitcoin.    

I guess thats another way of saying you think XMR is going to the moon?

Personally, I think this coin is finally getting the recognition it deserves. Not to mention, the official GUI beta wallet is supposed to be coming in few weeks as well, so... Yes, I'm bullish (still) on this coin for sure.

Plus we have this going on right now.

[bbc.reporter]

@owlcatz. Yes the gui sounds good but what Monero needs is a good light wallet and a web wallet that is provided by a third party. If third party developers from bitcoin will crossover to Monero then that would be a sign that the XMR blockchain will be a fomidable one beating all the others for the title of potential replacement for bitcoin. We all thought it was litecoin.

[noormcs5]

No, I think that they are separate enough that they perform rather different functions or they can.  I think of Bitcoin as the mainstay currency, that has the ability to sidechain, contract and other functions with some good amount of knowledge on the users part

[posternat]

Lol, Monero will not replace bitcoin. Wake up

I think Eth, Monero and others like that have made it easier for the same user to do things that might need to be done and to make up for the laymens inability to fully use Bitcoin, not meant in a mean way. 

[owlcatz]

@owlcatz. Yes the gui sounds good but what Monero needs is a good light wallet and a web wallet that is provided by a third party. If third party developers from bitcoin will crossover to Monero then that would be a sign that the XMR blockchain will be a fomidable one beating all the others for the title of potential replacement for bitcoin. We all thought it was litecoin.

There already is a great web wallet - https://mymonero.com/#/

The thing about this coin is it's privacy features. It's not a BTC clone, the code is completely different. It's not out to "beat" BTC, it's just a new coin altogether, it's about true fungibility, and optional privacy. You don't walk around with your wallet open to see how much $ you have in it do you? Same with Monero.

[Ardenyham]

Monero, maybe litecoin, maybe dogecoin, or perhaps a new currency 'will be' created and will replace 'all. Monero is an interesting alt btw

Ummm dogecoin does not even exist anymore, what are you talking about?

Not a big follower of doge anymore, but what's this then?

https://poloniex.com/exchange#btc_doge

Well I'll be a monkeys uncle, I thought it was dead

believe me you are a big one. next time you should confirm before saying a coin is dead. doge have low value but salute to it that it is still alive and surviving in all around the  crypto world for many years. and it will be there for many years too.

Any way reading about monero is very intersting.. seems we missed a nice chance to ean some solid profit. but this is the beauty of crypto currency. people don't know which coin do what..

[laurynasc111]

Bitcoin is way more established than Monero. NO, Monero will not replace BTC

[posternat]

Bitcoin is way more established than Monero. NO, Monero will not replace BTC

There will come a time when someone that does not have Bitcoin core downloaded and does not have the programming knowledge or the time needs to secure a TX, knowing that one of the great things about BTC is "no refunds".

[owlcatz]

Bitcoin is way more established than Monero. NO, Monero will not replace BTC

There will come a time when someone that does not have Bitcoin core downloaded and does not have the programming knowledge or the time needs to secure a TX, knowing that one of the great things about BTC is "no refunds".

What does that even mean? You secondstrade spammers are ridiculous. 

[bbc.reporter]

@owlcatz. Yes the gui sounds good but what Monero needs is a good light wallet and a web wallet that is provided by a third party. If third party developers from bitcoin will crossover to Monero then that would be a sign that the XMR blockchain will be a fomidable one beating all the others for the title of potential replacement for bitcoin. We all thought it was litecoin.

There already is a great web wallet - https://mymonero.com/#/

The thing about this coin is it's privacy features. It's not a BTC clone, the code is completely different. It's not out to "beat" BTC, it's just a new coin altogether, it's about true fungibility, and optional privacy. You don't walk around with your wallet open to see how much $ you have in it do you? Same with Monero.

Yes that web wallet is good enough but you do not get my point. It is important the 3rd party developers and companies must create 3rd party software for Monero. When more and more 3rd party software and services are being created, we could see that there is interest from outside the Monero development team to create a whole new ecosystem. Bitcoin started this way. After the darknet market acceptance the 3rd party developers are needed to walk on the road of success.

[owlcatz]

@owlcatz. Yes the gui sounds good but what Monero needs is a good light wallet and a web wallet that is provided by a third party. If third party developers from bitcoin will crossover to Monero then that would be a sign that the XMR blockchain will be a fomidable one beating all the others for the title of potential replacement for bitcoin. We all thought it was litecoin.

There already is a great web wallet - https://mymonero.com/#/

The thing about this coin is it's privacy features. It's not a BTC clone, the code is completely different. It's not out to "beat" BTC, it's just a new coin altogether, it's about true fungibility, and optional privacy. You don't walk around with your wallet open to see how much $ you have in it do you? Same with Monero.

Yes that web wallet is good enough but you do not get my point. It is important the 3rd party developers and companies must create 3rd party software for Monero. When more and more 3rd party software and services are being created, we could see that there is interest from outside the Monero development team to create a whole new ecosystem. Bitcoin started this way. After the darknet market acceptance the 3rd party developers are needed to walk on the road of success.

Yes, I agree 100%. What you are missing is this not ready yet for that. The DNM's chose to adopt this coin before it was fully official - which is fine, but yes, you are not going to see services and stuff popping up all over like with monero overnight... This is not bitcoin, it's not a "New thing" like bitcoin was. It will take even more time to gain more traction, adoption, and awareness as to unfungibility of bitcoin and it's clones.

I am sorry the operators of the DNM's chose to adopt the coin before an official GUI was out, or even official non-beta daemon binaries, but I'm only saying the truth here - this project has been ridiculed, pissed on, trolled, and everything in between, so give a bit of credit where it's due. Monero is  a long term coin. Always has been. That's why all these newbies buying them the past few days just panic sold them all today during the dumps... Give it a few more days, and more weak hands will be shaken out. No different than bitcoin crashing to 2 dollars from 30 after the silk road started, right?

thanks for the dialogue. I hope you really are a bbc reporter. lol.

[jbreher]

.... potential replacement for bitcoin. We all thought it was litecoin.

You all thought is was litecoin maybe. Litecoin is so much a clone of Bitcoin such that any fatal flaw in Bitcoin will also be a fatal flaw in litecoin. Litecoin is pointless.

[andloveme]

.... potential replacement for bitcoin. We all thought it was litecoin.

You all thought is was litecoin maybe. Litecoin is so much a clone of Bitcoin such that any fatal flaw in Bitcoin will also be a fatal flaw in litecoin. Litecoin is pointless.

Dislodging Bitcoin is a difficult task but not unachievable. However, currencies like Dogecoin or Litecoin will never be up to the task since they are fundamentally no different from their parent Bitcoin. Only the highly innovative currencies with unique features will be able to take on Bitcoin in the future.

[jacaf01]

No, Monero can't replace Bitcoin soon, people need to understand that investment in Bitcoin is very huge and there is a reason Why it is valued close to $10 billion and all Altcoins are valued arround $2 billion, Is possible for one of this Altcoins to reach $10 billion but it first needs to match Bitcoin investment level. Once Rostock become up and running is going to create a huge gulf between Bitcoin and Altcoins.