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Author Topic: Monero over eth? WTF  (Read 1348 times)
Cryptotraider16 (OP)
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December 01, 2016, 05:27:41 AM
 #1

wtf guys...monero worth more then ETH,WTF..where we go....

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sui_generis
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December 01, 2016, 07:35:11 AM
 #2

It's really depressing that people still don't get that price comparisons between coins are meaningless without considering market cap.
Cryptotraider16 (OP)
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December 01, 2016, 07:43:13 AM
 #3

It's really depressing that people still don't get that price comparisons between coins are meaningless without considering market cap.


Yeah true but anyway eth most worth more! Eth is still boeing 😜

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December 01, 2016, 08:01:17 AM
 #4

It's really depressing that people still don't get that price comparisons between coins are meaningless without considering market cap.

actually it is depressing to see people still think market cap is a worthy comparison for altcoins! let me break it down for you. ETH has 86.5 million coins and only a small amount of it is available to public and the rest is controlled by the owners who manipulate it. and because of this huge available coins the market cap is "artificially grown"

the same thing goes for any other altcoin which has ridiculous amount of coins available to "artificially increase" their market cap.

the things to look at is neither market cap nor price. and if you want to compare you have to consider many factors at the same time a combination of price, volume, premine, daily volume and how it has changed, code, ...

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
smooth
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December 01, 2016, 08:16:47 AM
 #5

It's really depressing that people still don't get that price comparisons between coins are meaningless without considering market cap.

actually it is depressing to see people still think market cap is a worthy comparison for altcoins! let me break it down for you. ETH has 86.5 million coins and only a small amount of it is available to public and the rest is controlled by the owners who manipulate it. and because of this huge available coins the market cap is "artificially grown"

the same thing goes for any other altcoin which has ridiculous amount of coins available to "artificially increase" their market cap.

the things to look at is neither market cap nor price. and if you want to compare you have to consider many factors at the same time a combination of price, volume, premine, daily volume and how it has changed, code, ...

We have a winner.
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December 01, 2016, 11:23:19 AM
 #6

I would say that in the long run ethereum price would crash as the foundation would sell it to meet their expenses. I don't think it would go above 15 to 20 $ unless we see some big Dapp getting released and gaining attention of the people.

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Shiroslullaby
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December 01, 2016, 11:27:36 AM
 #7

Monero is obviously worth more.
I mean, there are what, at least ten darknet vendors who accept it?
Clearly that is how we should measure a coins worth, not market cap.  Wink

shyliar
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December 01, 2016, 01:05:22 PM
 #8

It will continue to rise. The fewer exchanges something is listed on the easier it is to manipulate. If it's primarily traded on one particular American exchange it's even easier to drive up the price.

Look at the following link. When the ETH price was being driven up, 97 percent of it was being traded on Poloniex. It eventually was included on so many exchanges that it was harder to manipulate the price upwards. In fact when it started being traded on Gemini and Coinbase it was so widely traded that it has been on a downward trend ever since (and will continue to do so).

http://coinmarketcap.com/currencies/ethereum/#markets

Look at the following link. Currently over 97 percent of XMR is being traded on Poloniex. Its traded on fewer exchanges, much easier to manipulate the price and suck BTC and US dollars out of the hands of the uninitiated.

http://coinmarketcap.com/currencies/monero/#markets
dwgscale11
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December 01, 2016, 01:25:51 PM
 #9

It will continue to rise. The fewer exchanges something is listed on the easier it is to manipulate. If it's primarily traded on one particular American exchange it's even easier to drive up the price.

Look at the following link. When the ETH price was being driven up, 97 percent of it was being traded on Poloniex. It eventually was included on so many exchanges that it was harder to manipulate the price upwards. In fact when it started being traded on Gemini and Coinbase it was so widely traded that it has been on a downward trend ever since (and will continue to do so).

http://coinmarketcap.com/currencies/ethereum/#markets

Look at the following link. Currently over 97 percent of XMR is being traded on Poloniex. Its traded on fewer exchanges, much easier to manipulate the price and suck BTC and US dollars out of the hands of the uninitiated.

http://coinmarketcap.com/currencies/monero/#markets

I have came to the conclusion that no matter who says these coins are scams, these newbs will still pour their money into it.  I feel bad for everyone involved in these altcoins.  Stick to btc and ltc.
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December 01, 2016, 01:28:09 PM
 #10

as i have always said Ethereum needs to stay around for a while before we can even speculate about its future. other coins like XMR have been around for a long time and have established their position in the altcoin world but new coins like ETH are newcomers full of hype and pumps and these coins which are full of hot air are also running out of hot air as fast as they go up.

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raphma
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December 01, 2016, 01:32:51 PM
 #11

wtf guys...monero worth more then ETH,WTF..where we go....

forget about monero, give it a few more weeks and every crypto will worth more than mETH.
how to trust a coin forked every week?
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December 01, 2016, 01:44:38 PM
 #12

Ethereum is 1.5 year old. Monero at that point of time was lowest. But that was also because of low value of BTC a year ago.

Ethereum price grow quite fast and reached even $20. Anyone with at least a bit of brain could realise, that that cant hold for long. There are just to many coins in existence and rate of pumping new coins is just to big.
Price of Ethereum will continue to decrease, till it will reach bottom. For premined, crowdsale, ICO coins that can take quite some time.


Even in case of Monero where all coins were fairly mined with quite high inflation in first year, it took more then a year to reach bottom.
Chevas Regal
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December 01, 2016, 01:52:40 PM
 #13

Haa Haa Cheesy, i see guys getting pissed off as Monero Rank high in Value over ETH. This happen mate and next may be after a year the same will happen with Monero what will remain is BTC.
What i believe in next is LISK , maybe it will give us some tough time.


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stomachgrowls
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December 01, 2016, 02:04:47 PM
 #14

Haa Haa Cheesy, i see guys getting pissed off as Monero Rank high in Value over ETH. This happen mate and next may be after a year the same will happen with Monero what will remain is BTC.
What i believe in next is LISK , maybe it will give us some tough time.
LISK do have potential but i dont think it could able to go over Monero on rankings and we could all see that xmr is being used on dark net and its already understandable that it could even grow even more.Looking on the situation of ETH its really a normal thing for me and its the best time to buy now.

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Chevas Regal
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December 01, 2016, 02:18:30 PM
 #15

Haa Haa Cheesy, i see guys getting pissed off as Monero Rank high in Value over ETH. This happen mate and next may be after a year the same will happen with Monero what will remain is BTC.
What i believe in next is LISK , maybe it will give us some tough time.
LISK do have potential but i dont think it could able to go over Monero on rankings and we could all see that xmr is being used on dark net and its already understandable that it could even grow even more.Looking on the situation of ETH its really a normal thing for me and its the best time to buy now.
I meant to say that may be in coming years (1 or 2) lisk can over take XMR.


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TrueAnon
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December 01, 2016, 02:55:17 PM
 #16

Soon WBB over ALL them shit coins!
stomachgrowls
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December 01, 2016, 03:12:56 PM
 #17

Haa Haa Cheesy, i see guys getting pissed off as Monero Rank high in Value over ETH. This happen mate and next may be after a year the same will happen with Monero what will remain is BTC.
What i believe in next is LISK , maybe it will give us some tough time.
LISK do have potential but i dont think it could able to go over Monero on rankings and we could all see that xmr is being used on dark net and its already understandable that it could even grow even more.Looking on the situation of ETH its really a normal thing for me and its the best time to buy now.
I meant to say that may be in coming years (1 or 2) lisk can over take XMR.
Well no one really knows if LISK could able to surpass XMR in upcoming 2 years. Lets just wait and maybe we would get be surprised if there new altcoins will pop out and even surpasses XMR,LISK,ETH and other altcoins out in the market. All things have possibilities.

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TaunSew
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December 01, 2016, 03:39:34 PM
 #18

Ethereum price grow quite fast and reached even $20. Anyone with at least a bit of brain could realise, that that cant hold for long. There are just to many coins in existence and rate of pumping new coins is just to big.
Price of Ethereum will continue to decrease, till it will reach bottom. For premined, crowdsale, ICO coins that can take quite some time.


Even in case of Monero where all coins were fairly mined with quite high inflation in first year, it took more then a year to reach bottom.

HA HA HA HA HA

NO


Ethereum is a major scam ever since DAO.  It's not returning to $15 anymore than Bitcoin will return to $1250, post-MtGox.   Roll Eyes

There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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December 01, 2016, 03:40:11 PM
 #19

wtf guys...monero worth more then ETH,WTF..where we go....

these are my opinion about the current situation:

* monero has a lot more usages that ethereum can ever have
* monero has been around much longer
* monero has been keeping its price up all these times and most interestingly it has been keeping the price up even though all other altcoins were dropping because of bitcoin price rise.
* these days anonymous transactions are the hot topic which makes monero like gold.

* eth has been a pump and dump coin from the start
* eth has not much to offer with it flawed code
* eth was in a bubble which had to burst some time.

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December 01, 2016, 03:52:23 PM
 #20

@TaunSew

Not sure what those NO are there.  


After your NOs you repeated what I wrote, that price of ETH will decrease. And this was price decrease was planed for ETH way before DAO.     Did you not understand something?
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