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Author Topic: Bitcoin vs Monero  (Read 4573 times)
wpd
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February 22, 2017, 03:15:24 PM
 #21

Monero is more anonymous than bitcoin, which is only pseudo-anonymous, that is a fact. But do you seriously need more anonymous coin?
It won't be ever pushed to the level of acceptance bitcoin received, not when we are still obliged to follow legal rules and subjugate ourselves to AML/KYC law.
But if you want to use Monero as Dark Market token, yes, it is better than BTC for that purpose.

We may need to now; Denmark is trying to track down bitcoin transactions. https://thenextweb.com/eu/2017/02/21/danish-police-hunt-down-criminals-using-bitcoin/#.tnw_ACSpOZNN
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dinofelis
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February 22, 2017, 03:50:01 PM
 #22

Monero is more anonymous than bitcoin, which is only pseudo-anonymous, that is a fact. But do you seriously need more anonymous coin?
It won't be ever pushed to the level of acceptance bitcoin received, not when we are still obliged to follow legal rules and subjugate ourselves to AML/KYC law.
But if you want to use Monero as Dark Market token, yes, it is better than BTC for that purpose.

We may need to now; Denmark is trying to track down bitcoin transactions. https://thenextweb.com/eu/2017/02/21/danish-police-hunt-down-criminals-using-bitcoin/#.tnw_ACSpOZNN

It's about time.  Problem is, all your past transactions are graved in stone and open to the world FOREVER with bitcoin.  A surveillance state's wet dream.
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February 22, 2017, 07:47:25 PM
 #23

Monero is THE Thing.
The King of cryptocurrencies.

It's more private, reliable and usable. And the overal feel is just much more smooth.
All the top guys use Monero.

https://www.monero.how/why-monero-vs-bitcoin

Every relevant dark market website, as far as I know (now that I ever go on the darknet, just judging by the news on crypto sites) bitcoin is still king of darkmarket, so all that hype about how darkmarkets going all in on monero from a couple months ago were mostly that: hype, a short lived pump and dump.

Right now, I see no reason to diversify on Monero, im all in on BTC and im doing great.
dinofelis
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February 23, 2017, 08:42:19 AM
 #24

Bitcoin can be described as a transparent physical wallet, people are able to see the amount money inside without opening the wallet itself.

It is much much worse than that.  It is not only a transparent wallet where you can see the current state, you can also see all past expenses, to whom, and all past receivings, from whom.  In other words, it is your transparent bank account.
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February 23, 2017, 08:44:03 AM
 #25

Every relevant dark market website, as far as I know (now that I ever go on the darknet, just judging by the news on crypto sites) bitcoin is still king of darkmarket, so all that hype about how darkmarkets going all in on monero from a couple months ago were mostly that: hype, a short lived pump and dump.

Right now, I see no reason to diversify on Monero, im all in on BTC and im doing great.

These people are nuts.  They are graving in stone for eternity what they have been doing.  Give it 5 years, and they are all in deep dodo, when law enforcement will start looking seriously into this.

Estherth
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February 23, 2017, 09:06:46 AM
 #26

The amount of Bitcoin is limited and monero is not.
This is the biggest different.
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February 23, 2017, 10:06:36 AM
 #27

Make a new topic.. Bitcoin + Mixers etc vs Monero

Make a REAL comparison  Roll Eyes

FUD first & ask questions later™
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February 23, 2017, 10:51:28 AM
 #28

Make a new topic.. Bitcoin + Mixers etc vs Monero

Make a REAL comparison  Roll Eyes

Yes, it is, bitcoin is not anonymous if compared to Monero, XMR is a killing anonymous coin, and bitcoin isn't. If bitcoin mixer can be good for Monero, that would be better, in fact Monero is more anonymous than bitcoin mixer.
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February 23, 2017, 11:21:49 AM
 #29


In the last days you hear a lot about Monero.

Especially in the Deep Web.

There are people who claim that it is more anonymous than Bitcoin.

That transactions cannot be crawled.


MONERO

https://getmonero.org/


 Huh  Huh  Huh  Huh

Is this it?

What do you think?

The reason why people are using the two or why one is preferred than the other to me is more of a personal reason  and nothing else. For someone whose only needs is to have a crypto currency to transact with and also to be able to meet its exchange in little time I am sure will go for bitcoin any day, compared to someone who is very much involved in deep web activities or always trying to stay anonymous without leaving any trace whatsoever, will likely tends towards Monero and I am sure in few months another crypto will still come to be more anonymous than Monero then we all then move on again.
dinofelis
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February 23, 2017, 12:14:30 PM
 #30

Make a new topic.. Bitcoin + Mixers etc vs Monero

Make a REAL comparison  Roll Eyes

Mixing on an FBI server Smiley
dinofelis
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February 23, 2017, 12:17:00 PM
 #31

The amount of Bitcoin is limited and monero is not.
This is the biggest different.

Yes, and this "sound money doctrine" is silly, because it makes an assumption: namely that the full market cap of currency is a monopoly.  Once you allow for competing currencies, the sound money doctrine loses its ground.
dinofelis
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February 23, 2017, 12:19:07 PM
 #32

For someone whose only needs is to have a crypto currency to transact with and also to be able to meet its exchange in little time I am sure will go for bitcoin any day, compared to someone who is very much involved in deep web activities or always trying to stay anonymous

The problem I'm having is, that if you don't mind a transaction being public, why do you need bitcoin at all, and why can't you do it with fiat ?
James_Pool
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February 23, 2017, 12:36:01 PM
 #33

I would be careful about holding Monero as it is mainly predominant in the Dark web markets like Alpha Bay and this and the others could very well end up just like Silk road few years ago... In that case Monero price will suffer it 100% sure...
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February 23, 2017, 12:44:53 PM
 #34

I would be careful about holding Monero as it is mainly predominant in the Dark web markets like Alpha Bay and this and the others could very well end up just like Silk road few years ago... In that case Monero price will suffer it 100% sure...

The idea is not to "hold" on any crypto currency, is it.  The idea is to obtain it against goods and services you sell, and spend it to obtain goods and services.  Like you do with fiat.
If you are holding it, you're gambling on finding a greater fool.  Which may very well work out, btw.
Febo
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February 23, 2017, 01:51:15 PM
 #35


In the last days you hear a lot about Monero.

Especially in the Deep Web.

There are people who claim that it is more anonymous than Bitcoin.

That transactions cannot be crawled.


MONERO

https://getmonero.org/


 Huh  Huh  Huh  Huh

Is this it?

What do you think?

The reason why people are using the two or why one is preferred than the other to me is more of a personal reason  and nothing else. For someone whose only needs is to have a crypto currency to transact with and also to be able to meet its exchange in little time I am sure will go for bitcoin any day, compared to someone who is very much involved in deep web activities or always trying to stay anonymous without leaving any trace whatsoever, will likely tends towards Monero and I am sure in few months another crypto will still come to be more anonymous than Monero then we all then move on again.

That is quite optimistic. In few months? Monero is here for few months less then 3 years. And all it does it is getting more and more anon. In this almost 3 years no one come with anything like it.  Revolutionary things dont happen over night. Something that will happen 3 months from now should be researched and hard work on it for few years at least.  What can happen in few months is a copy/paste coin with lots of hype and marketing. We saw many of them and some are quite "successful".
nelson4lov
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February 23, 2017, 02:05:49 PM
 #36


In the last days you hear a lot about Monero.

Especially in the Deep Web.

There are people who claim that it is more anonymous than Bitcoin.

That transactions cannot be crawled.


MONERO

https://getmonero.org/


 Huh  Huh  Huh  Huh

Is this it?

What do you think?

The reason why people are using the two or why one is preferred than the other to me is more of a personal reason  and nothing else. For someone whose only needs is to have a crypto currency to transact with and also to be able to meet its exchange in little time I am sure will go for bitcoin any day, compared to someone who is very much involved in deep web activities or always trying to stay anonymous without leaving any trace whatsoever, will likely tends towards Monero and I am sure in few months another crypto will still come to be more anonymous than Monero then we all then move on again.

That is quite optimistic. In few months? Monero is here for few months less then 3 years. And all it does it is getting more and more anon. In this almost 3 years no one come with anything like it.  Revolutionary things dont happen over night. Something that will happen 3 months from now should be researched and hard work on it for few years at least.  What can happen in few months is a copy/paste coin with lots of hype and marketing. We saw many of them and some are quite "successful".



There's no need beating around the bush or Comparing Bitcoin & any other Cryptocurrency. Many that tried doing Bitcoin & altcoin Comparison and made predictions about the altcoin going above Bitcoin have all failed. I agree that Monero is a great coin, A Complete coin with Full Privacy Protection feature. Bitcoin on the other hand has less privacy features but still gets picked as the best. The truth is that These Cryptocurrencies all serve different purposes, so I see no need comparing them. either way, Bitcoin still wins tho Grin

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BitcoinHodler
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February 23, 2017, 03:29:23 PM
 #37

i always hate topics with "Versus" in them because they always attract so many false information and so many trolling as you can already see here.

bitcoin is always going to be THE cryptocurrency and all the rest will remain alt-coins. but this doesn't mean one is better and the other is bad and it certainly doesn't mean the other is good either.

in case of altcoins such as monero, there are lots of potential for them to grow. specially when they have "Useful features".
as long as they continue being developed and move forward with the adoption and the need of that day, they will grow bigger.

Holding Bitcoin More Every Day
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February 23, 2017, 03:35:40 PM
 #38

the truth about monero usage on deep web markets:

dinofelis
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February 23, 2017, 03:40:32 PM
 #39

the truth about monero usage on deep web markets:

That's simply wrong. 

https://getmonero.org/knowledge-base/user-guides/prove-payment


What monero is still lacking, but I think it is in the making, is multisig, needed for escrow.
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February 23, 2017, 04:07:32 PM
 #40

the truth about monero usage on deep web markets:


That screen is half year old it happened when Monero was added to Alpha Bay.
Truth is that Darkmarkets use BTC. BTC is currency used on darkmarket. That is a fact and this will not change quite some time. Small part of users that are more privacy oriented use Monero.
Reasons for that are simple. You can see from that screen, that Battalion guy have no ideas how to prove his transaction. If you dont educate yourself is better to stay on what you allready know to use. Like i will not go write here in German altho i should know at least a bit, because I can write way better in English. If somehow Teymos forbid English here, i will force myself to learn German more and write only in German.

Monero is here for those that want to use it. It is not for anyone else.
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