Hazir
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★Nitrogensports.eu★
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June 25, 2016, 07:25:06 AM |
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Monero will always be a second league of altcoins, they have no potential to challenge Bitcoin. They can prey on coins on similar level like Waves, Steem, Siacoin or NXT.
Other than that I feel Monero was somewhat hyped year ago and then forgotten by general public because Ethereum showed up and messed power distribution among altcoins.
For now there is no altcoin which could fight with BTC, mainly because of that DAO flop. And I like it that way.
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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pandalion98
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June 25, 2016, 07:30:45 AM |
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No, I don't think so. People already invested in Bitcoin too much. If the coin would have something very unique to it (e.g. Etherium, etc.), It would ride along beside BTC, but not replace BTC itself.
But it still depends though. Just my 2 cents.
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btctube
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June 25, 2016, 08:00:55 AM |
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No, I don't think so. People already invested in Bitcoin too much. If the coin would have something very unique to it (e.g. Etherium, etc.), It would ride along beside BTC, but not replace BTC itself.
But it still depends though. Just my 2 cents.
you high? if you are into drugs, then monero might just be for you. its just for those in the darknet. if you aren't into drugs. just shut the fuck up! |
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tobacco123
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June 25, 2016, 08:13:19 AM |
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I did play with Monero for a while and don't find it any useful. No one accepts it and there is no strong network effect like bitcoin or litecoin. We know there is no strong team to support its development. Totally agree that most alt-coins, like Monero, are distractions.
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Woshib
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June 25, 2016, 08:17:02 AM |
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Thinking of privacy coins like Monero, do you think that they could ever rival or challenge Bitcoin in its position? I think not. Maybe Monero can reach $100 per coin at the end of 2016? Who knows......?  A leader of the Monero community and donator to this forum thought that Bitcoin would go to 1000000 USD/BTC in 2013: Not only I believe it will go to $1M this year, I have not heard very many good arguments from anyone, what can hinder it  ~CfA~ It is possible that the Monero challenge Bitcoin, since like most altcoins, it has potential. But for that, and we view with Ethereum, it's needs a lot of organization, good security, and good staff. |
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Febo
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June 25, 2016, 12:33:57 PM |
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LOL at the lame attempt to spam the main Bitcoin forum with Monero crap.
~BCX~
But you keep on doing so. With alts and friends and replying on their useless threads like this one. are you livig under a rock, monero has its chance in 2014, now it is like forgotten, etheruem was the only coin with a very tiny possibhility to challenge bitcoin, and it failed as expected
No one could surpass Bitcoin in 2014 so as not in 2016 and most likely also in 2017. |
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Vaculin
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June 25, 2016, 12:51:30 PM |
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are you livig under a rock, monero has its chance in 2014, now it is like forgotten, etheruem was the only coin with a very tiny possibhility to challenge bitcoin, and it failed as expected
That is right. In 2014, I thought Monero had a chance to be the main coin. But it is a botnet coin now. There is not support from the miners. |
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Febo
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June 25, 2016, 12:57:03 PM |
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are you livig under a rock, monero has its chance in 2014, now it is like forgotten, etheruem was the only coin with a very tiny possibhility to challenge bitcoin, and it failed as expected
That is right. In 2014, I thought Monero had a chance to be the main coin. But it is a botnet coin now. There is not support from the miners. botnets are miners. they mine and secure network as any other miner. botnets can be used only in coins that can be mined with CPU and will mine the one where have most profit. If that one is Monero then they mine Monero if is some other coin then they mine that coin. Botnets hash power was never high in Monero. When price raise and they join also much new miners join since mining brings them profit. So botnets share stays low. |
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J1mb0
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June 25, 2016, 01:03:27 PM |
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are you livig under a rock, monero has its chance in 2014, now it is like forgotten, etheruem was the only coin with a very tiny possibhility to challenge bitcoin, and it failed as expected
That is right. In 2014, I thought Monero had a chance to be the main coin. But it is a botnet coin now. There is not support from the miners. It's still in with a chance - but has seen painfully slow development - I don't know how much time fluffy is spending on it these days. I think the best chance an anon coin has is when people start to use platforms more and more like NXT or Waves - then they will use different coins for different purposes - no reason why we might not see Monero amongst them - that is, if they can control their rabid fan bois who bring it into disrepute. |
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sdp
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June 25, 2016, 03:15:52 PM |
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Is there even one exchange where you can change FIAT for an altcoin? In particular are there exchanges where you can change fiat directly to Monero? Monero needs an equivalent to BitPay, in order to get merchant adoption. Ways for merchants to easily change the Monero for fiat, and easy ways for users to change fiat to Monero is missing.
There is little publicity for Monero. That is a problem too. In all, none of these criticisms are about the Monero implementations or protocol. The market treats those that come first to an advantage. We all hate that, because it means we get the first born but not the best. If Monero offers no transaction fees like Bitcion did in 2012, applications that are impossible in Bitcoin might become possible and attractive to do in Monero.
If the price of bitcoin goes up by a factor of ten, the minimal transaction size would go up to 29 cents U.S.. This is way too high for gambling with nickels on the block chain.
sdp
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Coinsbank: Left money in their costodial wallet for my signature. Then they kept the money.
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jwinterm
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June 25, 2016, 03:22:01 PM |
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Is there even one exchange where you can change FIAT for an altcoin? In particular are there exchanges where you can change fiat directly to Monero?
...
There is bitsquare, that I'm pretty sure you can trade dollars for XMR, but i don't think there's much volume there yet. |
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fortunecrypto
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thecryptocurrency.directory
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June 25, 2016, 03:34:04 PM |
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I don't know about monero but I'm sticking to bitcoin for now,because they are the crypto currency to invest at this point of time maybe you can ask the same question after two years and see if you'll get the same answer ..
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pandalion98
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June 25, 2016, 03:41:01 PM |
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No, I don't think so. People already invested in Bitcoin too much. If the coin would have something very unique to it (e.g. Etherium, etc.), It would ride along beside BTC, but not replace BTC itself.
But it still depends though. Just my 2 cents.
you high? if you are into drugs, then monero might just be for you. its just for those in the darknet. if you aren't into drugs. just shut the fuck up! You gotta chill out dude. You completely missed my point. Try reading it again. are you livig under a rock, monero has its chance in 2014, now it is like forgotten, etheruem was the only coin with a very tiny possibhility to challenge bitcoin, and it failed as expected
That is right. In 2014, I thought Monero had a chance to be the main coin. But it is a botnet coin now. There is not support from the miners. It's still in with a chance - but has seen painfully slow development - I don't know how much time fluffy is spending on it these days. I think the best chance an anon coin has is when people start to use platforms more and more like NXT or Waves - then they will use different coins for different purposes - no reason why we might not see Monero amongst them - that is, if they can control their rabid fan bois who bring it into disrepute. The idea itself is great, but there are other, more viable coins that can possibly replace Monero. It's also not actively traded in exchanges as far as I can see. I'd say Monero is now defunct and dead, despite it having an almost $19M market cap and active trading activity. Wait, did evidence just contradict what I said? Yeah, Monero has a solid chance. |
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pereira4
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June 25, 2016, 03:51:13 PM |
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Coinjoin + confidential transactions in Bitcoin will be enough anonymity. Monero will have a harsh time to justify its existence and im holding some XMR myself. It will be thought trying to combat Bitcoin's huge network effect.
In fact all alts will eventually have problems trying to justify their existence.
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Spoetnik
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FUD Philanthropist™
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June 25, 2016, 08:14:11 PM |
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I think altcoins can definitely challenge Bitcoin and make us question how we do things. However I do not think that any of these coins can really change anything in Bitcoin, or rival it, including Monero. The coin that will be able to influence changes on Bitcoin will most likely be a coisa that's worth implementing over Bitcoin, or worth switching to.
Can ? or are they ? From my view i don't see them challenging Bitcoin at all. Nor do i see this changing in the foreseeable future. @OP I think we agree and yeah King Monero - Risto's comment was nonsense and laughable. I think we would have an indicator of Monero etc were going to seriously challenge BTC. It has been two years and the vast majority speak with their wallets.. look at the prices. It seems to me people have provided the answer to the question here already  Bitcoin $700 Monero 25 cents ..nuff said  |
FUD first & ask questions later™ |
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iamnotback
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June 25, 2016, 08:24:47 PM |
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Thinking of privacy coins like Monero, do you think that they could ever rival or challenge Bitcoin in its position?
No because a coin can't become popular based on a privacy feature alone. And the most popular altcoin will simply copy the best anonymity design. But in answer to the title of this thread, yes an altcoin could challenge Bitcoin: I just thought maybe theres a darkhorse out their that hasnt been given enough hype for people to buy into, kind of like ethereum before it kicked off.
There is, but it hasn't launched yet. The name isn't even public yet. Says every nonsense project about to post their ANN.  Nonsense? https://bitcointalk.org/index.php?topic=1526067.0https://bitcointalk.org/index.php?topic=1518508.msg15283083#msg15283083https://bitcointalk.org/index.php?topic=1319681.msg15137236#msg15137236I just thought maybe theres a darkhorse out their that hasnt been given enough hype for people to buy into, kind of like ethereum before it kicked off.
There is, but it hasn't launched yet. The name isn't even public yet. Then it's not a darkhorse. Seems to meet the definition: dark horse noun noun: dark horse; plural noun: dark horses; noun: darkhorse; plural noun: darkhorses a candidate or competitor about whom little is known but who unexpectedly wins or succeeds. "a dark-horse candidate" |
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MarketMagic
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June 25, 2016, 08:48:52 PM |
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Thinking of privacy coins like Monero, do you think that they could ever rival or challenge Bitcoin in its position?
No because a coin can't become popular based on a privacy feature alone. And the most popular altcoin will simply copy the best anonymity design. But in answer to the title of this thread, yes an altcoin could challenge Bitcoin: I just thought maybe theres a darkhorse out their that hasnt been given enough hype for people to buy into, kind of like ethereum before it kicked off.
There is, but it hasn't launched yet. The name isn't even public yet. Says every nonsense project about to post their ANN. Nonsense? https://bitcointalk.org/index.php?topic=1526067.0https://bitcointalk.org/index.php?topic=1518508.msg15283083#msg15283083https://bitcointalk.org/index.php?topic=1319681.msg15137236#msg15137236I just thought maybe theres a darkhorse out their that hasnt been given enough hype for people to buy into, kind of like ethereum before it kicked off.
There is, but it hasn't launched yet. The name isn't even public yet. Then it's not a darkhorse. Seems to meet the definition: dark horse noun noun: dark horse; plural noun: dark horses; noun: darkhorse; plural noun: darkhorses a candidate or competitor about whom little is known but who unexpectedly wins or succeeds. "a dark-horse candidate" May we have the name of this dark horse before the race starts?Not easy to bet after race has started |
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iamnotback
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June 25, 2016, 08:58:15 PM |
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May we have the name of this dark horse before the race starts?Not easy to bet after race has started First come, first served in the ANN section when it happens, as usual. No premine. No "ICO". Market sets the pricing. |
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MarketMagic
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June 25, 2016, 09:32:06 PM |
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May we have the name of this dark horse before the race starts?Not easy to bet after race has started First come, first served in the ANN section when it happens, as usual. No premine. No "ICO". Market sets the pricing. Yes but what name will you announce it under etc etc?I will look forward to the unveiling of the "coin behind the curtain" but very hard to keep track of your developments when you change names often but I salute your great work. |
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J1mb0
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June 25, 2016, 09:41:08 PM |
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I'd say Monero is now defunct and dead, despite it having an almost $19M market cap and active trading activity. Wait, did evidence just contradict what I said?
Yeah, Monero has a solid chance.
Yeah. But like i said, only on a platform like NXT or waves. It will never be used mainstream (even nefarious mainstream) as a standalone. Trouble is the bag holders (and the odd dev) are so obnoxious there is a greater chance that another anon coin will be preferred. |
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