New video: Why I invested in Monero - Pros and Cons

[Marc De Mesel]

Enjoy

https://www.youtube.com/watch?v=mJ8GPLUvC4U


Summary:

Monero succeeded in finding traction in the dark markets thanks to it's better privacy, a remarkable feat that was only achieved by Bitcoin beforehand, and made it into what it is today. Amount of transactions may go up fast now that their GUI is finally out, compared to bitcoin that is unable to grow in amount of transactions for the time being.

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[qwizzie]

Monero is in no position to scale up to actually handle all those transactions that you dream it will get, it simply does not have
the network strength and its growing blockchain size will form problems in the future with regards to full nodes :



All Monero managed to do is corner a niche dark market, where volume is heavily manipulated on Poloniex
(92% of Monero volume currently takes place on Poloniex).

Another thing to think about with Monero (and a lot of other cryptocurrencies) is sybil-attack resistance, here is some information about that : https://www.youtube.com/watch?v=bz6rFZQywOE

I do wish you good luck with your investment...


  

[Cryptotraider16]

Thanks guys for info its real interested!

[Febo]

@quizzie  
You can study full nodes here: https://monerohash.com/nodes-distribution.html
Definitely more are needed in Central Asia, Africa and South America. Maybe you will find a solution for that.



At this moment Monero can get done all transactions that need to be sent, because it simply have the network strength needed for that.  Transactions in the last day was 5 times more then on average day last year and I dont recall there was any troubles with any transaction not being confirmed. Most likely would not be any unconfired transaction even if there would be 1000 times more.  We will just need to wait and see for that.

[vlom]

could you please make a audio podcast. I will be seasick after watching your video.
or just put the camera on a table and take a seat and then talk.

[billybobmaryjoe]

Its working Monero is way up.

[fortunecrypto]

could you please make a audio podcast. I will be seasick after watching your video.
or just put the camera on a table and take a seat and then talk.

I did not finish the video had a hard time watching him,next time he should just be as steady as possible or just focus the camera on somewhere place or on the screen just like all the others are doing,he has a good explanation couls convince whales to put up here.

[articleheros]

Monero is so strong in this year and I think it to the future too.