Sumokoin - The litecoin of Monero

[obit33]

this is disgusting...

this is a cheap copy of monero, with no dev team, with no enhanced privacy features, with nothing reallly... oh yeah, there is something, an enormous 10% premine, which can endanger the anonimity aspect because so much outputs belong to one entity...

the subaddresses you speak off have been developed by xmr-devs, for xmr, sumoteam just added them earlier... this coin brings nothing new, NOTHING...

by god, what has the cryptosphere become, this will end badly...

[1715279107]

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[1715279107]

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[onetwostep]

Sumo is the best coin to watch for 2018. Since they started in May this year the price went from 1000 sat up to 22k sat. Currently they are on 13k to 16k (1.8$ - 2.2$).

Already x12 or x15 within 6 months.

Just keep in mind Sumo still is lowkey and only on 2 exchanges. Next year bigger exchanges will come, pushing Sumo to at least 15-20$.

It seems a bit difficult to say that these are true. Is there any work on entering a new exchange site? I could not find anything about the subject. if the price is going to exceed 10 dollars, they should definitely enter a good stock market.

[marcellinuswiray]

Sumo is the best coin to watch for 2018. Since they started in May this year the price went from 1000 sat up to 22k sat. Currently they are on 13k to 16k (1.8$ - 2.2$).

Already x12 or x15 within 6 months.

Just keep in mind Sumo still is lowkey and only on 2 exchanges. Next year bigger exchanges will come, pushing Sumo to at least 15-20$.

It seems a bit difficult to say that these are true. Is there any work on entering a new exchange site? I could not find anything about the subject. if the price is going to exceed 10 dollars, they should definitely enter a good stock market.

wait until first premine 600k sumo unlocked july 2018

then dev could pay to enter another exchange

exchange need a lot of money

[Germining]

this is disgusting...

LOL not a single sentence is true  

But since you FUD almost all anon coins except xmr I'm ok with your fudding here

LOL

And since I got some spare time:

- no one ever said xmr's subaddresses have not been the base for Sumo's

- Sumos diff algo is way better than xmr's

- Sumo has a standard mixin if 12. You need the control of > 95% off all transactions to get an effect on privacy

- Monero is more than 3 years old and hasn't managed to code a decent GUI. Sumo is 6 months old and it's GUI is awesome

- sumo has ringCT for all transactions wheras xmr only for about 20%

- sumo has no dev team? I don't even know what to answer to this...

Anyway... you compare a 6 months old coin to a 3.5 year old coin. How ignorant must one be...

Nice to get more xmr fud. Sumo seems to be on the right way 

[marcellinuswiray]

When New roadmap release and sumo listed on hitbtc

Its could easily surpass $100m marketcap  

[raulo1985]

When New roadmap release and sumo listed on hitbtc

Its could easily surpass $100m marketcap  

Do you know when those things will happen? Could be a nice time to buy Sumo because of its low market cap and current dip.

[Germining]

The new roadmap will be released within the next weeks.

[planfox]

I think SUMO has the potential to gain quite a lot of value.

Monero paved the way for Cryptonote currencies, but people are always looking for alternatives, and developers for opportunities. There's AEON, but AEON is highly focused on mobile and the core blockchain may differ too much in the future for merged development with Monero. SUMO is more similar to big brother Monero. Developments for each will benefit both.

For example, SUMO just announced that the first part of the code for sub-addresses is now on github. The feature will be live within the next week or so. Sub-addresses are a very useful addition that make it more realistic for people to actually use cryptocurrency day-to-day without revealing the source of their funds.

Monero may add them upstream in the future. You can read about sub-addresses in SUMO on github here: https://github.com/sumoprojects/sumokoin/pull/28 and this week's announcement about sub-addresses here: https://bitcointalk.org/index.php?topic=1905086.msg24880464#msg24880464

This is just the start - SUMO is a development-focused cryptocurrency, and I believe it will become a testbed/alternative to Monero. Think Litecoin to Bitcoin. SUMO can add features before it would be realistic to add them to Monero.

SUMO had a premine, but the premine is set aside in escrow until 2018, 2019 and 2020 to pay for development. I think that such a large development/marketing fund will give SUMO stable growth, similar to how DASH has been successful long term due to a large built-in development fund. SUMO's fundamentals are solid and there's a lot of reason to think it'll be a lot bigger than it is now.

Fork monero, which is still lagging behind his parent, and his liquidity in the market is rather weak. And this indicator can most frighten people to invest in it. This is another one of the not-so-famous alt, who needs more support than now, to be exalted.

[Germining]

So ... Sumo got accepted for listing on Next Exchange. Hurray !