[2016-09-06] ET: There’s a new digital currency that is surging, named Monero

[polynesia]

Forget bitcoin! There’s a new digital currency that is surging, named Monero

http://economictimes.indiatimes.com/magazines/panache/forget-bitcoin-theres-a-new-digital-currency-that-is-surging-named-monero/articleshow/54024081.cms

The two-year-old currency Monero has more than quadrupled lately after gaining support from prominent websites that anonymously peddle drugs. It spiked to as much as $10 after a popular site, used to buy drugs like liquid LSD and hybrid cannabis, said it will accept the currency. The total value of all Monero in circulation pushed past $100 million in the last week of August, up from about $25 million at the end of June.

Bitcoin, the most popular digital currency in the world with a total value of $9.1 billion, also allows users to move funds discreetly and uses a network of miners to verify the authenticity of each trade. But its privacy has come under threat as governments and private investigators increase their ability to track transactions across the bitcoin network.

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[Marma Kalari]

where can i buy Monero,and is it possilbe to mine Monero with a Desktop or laptop,if so is it profitable,i cant find monero in yobit,and why is that.which are the exchanges i can possibly use to trade different crypto currencies.

[pandher]

You can buy Monero at poloniex or shapeshift