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Author Topic: What do you think about future of Monero?  (Read 5092 times)
quinterogod (OP)
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March 29, 2017, 01:58:06 AM
 #1

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?
desjardins
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March 29, 2017, 02:59:54 AM
 #2

Just look at Monero github, they have a very strong development team and strong community. It's also the only currency with good privacy - the other competitors are DASH which is actually less safe than just using coinjoin with bitcoin, and Zcash which is not trustless (you must trust the founders really deleted the data used for starting the geneis block otherwise they can see all your transactions).

If there's anything that has the right foundation to really join bitcoin and ethereum up the top its Monero.
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March 29, 2017, 04:55:57 AM
 #3

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?

i think it will definitally be worth more than it is today someday thats for sure! 0.05+ should be an easy price for this coin, its got alot going for it and it accessable to everyone thru CPU mining being not that far from GPU. its ya also the only coin officially accepted on most darkmarkets, so that will mean something more than it does today, someday ;p
im stacking all i can, the longer it takes, the more ill have on the day it hits 0.1BTCCheesy

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March 29, 2017, 06:08:17 AM
 #4

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?
You didn't get any profit if you holding only the Monero or other altcoin just sell monero if the monero price goes up sell it and if monero price goes down just buy monero again.Try and try that method until you get more profit on it.

                       
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March 29, 2017, 07:17:44 AM
 #5

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?
Well, buying it for $24 was too much. Now monero is decreasing in price, but I think it is better for you to hold and hope for something good. There aren't many people who think Monero is a completely useless coin, it can solve some problems other currencies can't. Like security issues, as was stated above in this thread. I personally see nothing attractive in Monero but admit that the currency deserves better than it has now.

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March 29, 2017, 07:21:07 AM
 #6

its better to hold since the price is falling never sell when you are at lost consider it as a good investment think positive and believe that there's always possibility to increase its value we can't say it yet until the progress starts, monero seems to have a lots of speculators and support, don't lose your hope crypto world have a lots of surprises.
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March 29, 2017, 08:03:37 AM
 #7

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?
I personally believe an investment in Monero right now is riskier, but will probably earn you a much greater return.
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March 29, 2017, 08:26:08 AM
 #8

I purchased it $24 but do i must hold or, sell it and buy another?
$24?
hold, what do you have to lose! 24 bucks. don't worry about it at all. hold and enjoy even if price goes down you only lose a couple of bucks ($4!) and if it goes up you again make small couple of bucks ($2!) Cheesy
monero is a good coin anyways, and although it has been pumped recently but i don't think it is the end of the rise.

Quote
I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?
i think you are trolling Wink

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March 29, 2017, 09:54:27 AM
 #9

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?

I want to correct you Bitcoin will not go to hell,it's still the best coin to invest,Monero is also a good coin and so many people hype Monero in the past and still being hype,so it is a good contender but not to replace bitcoin the most monero can reach is the third spot behind bitcoin and eth .

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March 29, 2017, 10:09:45 AM
 #10

monero is a great currency offers better anonimity than many other coins and on par with zcash if not better, the value can increase very high like dash or ethereum, it's better to buy some for now, i think the next pump will be on monero

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March 29, 2017, 10:42:32 AM
 #11

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?
Currently XMR around $19.4 (+10%), Just hold your XMR for now, don't invest all your money in 1 altcoin, it seems XMR will rise again since XBC and the other unfamiliar coins already got dumped today. (Maybe XMR will get pump same like XBC yesterday)
Btc go to hell, lol  Cheesy


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March 29, 2017, 10:48:49 AM
 #12

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?

If you buy high and sell low you won't do much of a business.
XMR has a good potential to rise .. over years. But it has a history of up and down, it may reach again 10$ before going back to 50$..
You need patience.
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March 29, 2017, 11:39:54 AM
 #13

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?

Depends on what kind of "investor" you are. If you are after the quick buck then sell it now until your losses are not too high and buy something else what fits more to your plans. If you thinking in longer terms then hold it and buy more if the price plunges.

Chinese money isn't "black money". They sometimes need to bypass local financial regulations or limitations to get their money to international markets, but that happens once in a few years so that would be quite a "niche market".
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March 29, 2017, 11:45:00 AM
 #14

I purchased it $24 but do i must hold or, sell it and buy another?

You should have bought it to use it.  So use it.  I wouldn't know how, but I hope you bought it because you wanted to pay someone with it. After all, that's what crypto is about, no ?  If you buy crypto to hold it or to sell it again, you're just being a fool, hoping for a greater fool.  Which you may find, or not.  In which case, you were the greatest fool another fool has found.

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March 29, 2017, 11:58:50 AM
 #15

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?
You didn't get any profit if you holding only the Monero or other altcoin just sell monero if the monero price goes up sell it and if monero price goes down just buy monero again.Try and try that method until you get more profit on it.


Seems you are suggesting OP to day trade, well that is actually a good way to increase someone's holding if he is comfortable doing this stuff.  But I guess OP is not yet familiar with day trades since he is asking if it is nice to hold it or sell it.



If you are not familiar or comfortable with day trading, or don't have time to monitor the fluctuation, it is best to hold it.  I do agree with CjMapope when he say:

i think it will definitally be worth more than it is today someday thats for sure! 0.05+ should be an easy price for this coin, its got alot going for it and it accessable to everyone thru CPU mining being not that far from GPU. its ya also the only coin officially accepted on most darkmarkets, so that will mean something more than it does today, someday ;p
im stacking all i can, the longer it takes, the more ill have on the day it hits 0.1BTC+  Cheesy

I do believe Monero can be priced the same as Dash.  With all the active development and the markets behind Monero it just need time.

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March 29, 2017, 12:11:10 PM
 #16

Monero will have it's own share of pump&dumps, but overall it won't gain much adoption. Bitcoin and every other project untill now proved that public blockchain cryptos that aim to become payment systems cannot get enough adoption for a mid to long term sustainable high mcap, even though whales try to pump them, their value drops afterwards.
So for speculation monero is okay-ish. To even hope for mainstream adoption these projects must do much more than aiming to become bitcoin 2.0 .
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March 29, 2017, 02:35:43 PM
 #17

growing slowly
2018 ~ 35$
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March 29, 2017, 02:51:48 PM
 #18

I purchased it $24 but do i must hold or, sell it and buy another?

I also think if btc go to hell, than china money would be invested in Monero, because their money is black money.

what do you think?

I think monero has a good future and you might see it as one of the contenders to replace bitcoin when it does fall and be forgotten. So I think holding these kinds of alt coins is good choice to do. However, this might be a gamble on your part and you might not see anything for it and it might even fall. But, I still believe you should just stick with it.
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March 29, 2017, 03:04:59 PM
 #19

Monero will have it's own share of pump&dumps, but overall it won't gain much adoption. Bitcoin and every other project untill now proved that public blockchain cryptos that aim to become payment systems cannot get enough adoption for a mid to long term sustainable high mcap, even though whales try to pump them, their value drops afterwards.

That is true for any form of actual crypto.  Crypto has only niche applications, and is currently sustained by a huge volcano of hot air in a great-fool game.

"mainstream adoption" will never occur, for any of them.   Niche applications, yes.  Everywhere were legal systems cannot do the job.  
Monero definitely has a place there.  Bitcoin maybe too, as a reserve currency between sleazy big bosses.
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March 29, 2017, 03:15:00 PM
 #20

Monero, one of the strongest altcoins on the market today, announced on its website that it will hold a new hard fork of the network on April 15, 2017. In that sense the project development team has released a new version of the software, Will be mandatory. This early update of the code is due to unexpectedly high rates of adoption of Ring Confidential Transactions (RingCT), which in turn led to the need to modify the algorithm to limit the dynamic size of the unit.
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