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Author Topic: Do you think people will turn to Monero?  (Read 1247 times)
StGermain (OP)
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November 28, 2017, 12:17:02 AM
 #1

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?

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November 28, 2017, 12:24:03 AM
 #2

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?

regulated have positive and negative impact too,,
a lot of people around the world want to buy bitcoin but, they want bitcoin being regulated first,, few of my friends said like that
so, if bitcoin being regulated bitcoin price will soar, i believe that
and why monero ?

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tukagero
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November 28, 2017, 12:27:19 AM
 #3

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?
i dont think so, so much altcoins were on the market traders ,investors will not stick to only one altcoin. Maybe they will invest on monero but they will never put all thier money on the coin.

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November 28, 2017, 01:57:19 AM
 #4

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?
I think it is possible that some are going to move to monero but most people are not that concerned about privacy as you may think, even if bitcoin becomes more regulated that does not means people are going to cooperate willingly, also if there is a group of coins that are going to be regulated are the anonymity coins since those are the ones that are on the radar of governments and security agencies.
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November 28, 2017, 02:26:35 AM
 #5

Unfortunately, privacy coins are a very niche market.
Actually, normal blockchain technology is fairly anonymous already, so those who want ultimate privacy are really looking for specific use cases.
Of course, the first things that spring to mind are all unsavory transactions: contraband, illegal goods, tax evasion, etc.
But not all use privacy coins for these things.

With that being said, I believe that monero is the best privacy coin out of all of them.
Dash has a higher market cap, but it is highly plagued by questionable development and acts.
There are coins out there with some really impressive features, like cloak coin, but monero has the ultimate benefit of being an established company with a trusted product.

With all of this in mind, I believe that monero still has a lot of room to grow.
The last couple of months it stabalized around 90 to $100, now, when the prices stabalize again I think it will keep above $100, then shoot towards $200 in the next bull run.

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November 28, 2017, 02:41:20 AM
 #6

Yes!

BTC itself started as an anonymous coin for the internet. And now XMR is the most anonymous coin here.

Black markets are already using XMR. Which gives it a go as a trusted and proved coin. To be used all over the internet.

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November 28, 2017, 08:12:17 AM
 #7

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?

In spite of the fact that those Monero cost apparently need no top right now, it is obvious there will be a considerable measure for imperviousness on the charts pushing ahead. Afterward again, there are fewer XMR On circulation compared with bitcoins, which Might yield exactly intriguing result in the future.

StGermain (OP)
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November 28, 2017, 11:52:58 PM
 #8

What about Zcash? It is going really high in price

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November 28, 2017, 11:55:15 PM
 #9

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?

Regulation in regards to Bitcoin is the single most foolish thing people like to bring up. Can governments and banks, people in power restrict the sale/use etc of Bitcoin, sure. But inherently, Bitcoin is controlled by mining power, and the guys who own .1-5% of the total supply, just like in any market.
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November 29, 2017, 12:16:24 AM
 #10

Monero will always be a safe haven for those in the crypto scene. The more regulated it becomes, the better for XMR - but i think governments will embrace the blockchain technology instead of trying to censor and destroy it - although our governments are never known to act wisely and do whats best for the population, so you can never know.

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December 02, 2017, 02:14:58 AM
 #11

Monero will always be a safe haven for those in the crypto scene. The more regulated it becomes, the better for XMR - but i think governments will embrace the blockchain technology instead of trying to censor and destroy it - although our governments are never known to act wisely and do whats best for the population, so you can never know.
They do not have reasons to ban crypto outright so at first they are going to try to play it cool, and accept crypto but then they are going to begin to impose all kind of weird rules and regulations, fortunately for us not everyone is going to do the same and we are going to be able to avoid being subject to those regulations, then they are going to try to ban it but at that point it will be too late.
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December 02, 2017, 02:57:24 AM
 #12

I won't be, i will be turning to other anonymous crypto currencies. I just saw a new one called bulwark that is gpu mineable, looks rather interesting. Than there is all the other major existing privacy coins like verge, pivx, deep onion and zcash. Even dash has some good features to hide payments like Privatesend. Monero is overpriced for the features it has in my eyes.

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December 02, 2017, 03:01:46 AM
 #13

Monero is going to continue to thrive for now thanks to the DNMs. They ensure Monero's survival and pretty much ensure i'm not hodling enough xmr as well.
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December 02, 2017, 02:42:30 PM
 #14

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?

I am absolutely sure that many people have already done it, and Monero further will get more and more followers. Today anonymity during the exchanges (especially exchanges of crypto) is extremely important.
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December 02, 2017, 02:49:06 PM
 #15

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?

Yeah I think so because monero transactions are fully anonymous like bitcoin transaction so if our country made strict regulation for using bitcoins then people will turn into other crypto currency with good potential monero is one of the potential coin so many people will take monero.But currently bitcoin is the first preference for investors than any other investments maybe in future it will change.

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December 02, 2017, 02:52:52 PM
 #16

The added privacy makes it one of the best coins to actually use as money. I still find it to be among those that are mostly good for people making larger transactions, given the relatively large fees transacting with it involve.
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December 02, 2017, 03:18:52 PM
 #17

Yes, Monero, DASH and other coins that give us anonymity will become very popular. Users now take care of their own safety and their coins, so they prefer to use such anonymous coins

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December 02, 2017, 03:37:06 PM
 #18

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?
Did you mean to avoid the regulation and verification? But remember the monero still used the centralized exchange site becomes the main place to liquidity. that means that will be useless as long as the monero still be traded on the centralized exchange site.

 
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December 02, 2017, 03:50:36 PM
 #19

When bitcoin becomes more regulated, do you think that people will turn to Monero to keep their financial freedom?

why regulated make us change to monero? i dont think so.
if become regulated, bitcoin can be easier to reach people to try to invest in it. so more people will believe because the government also put the same thought by regulating bitcoin.
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December 02, 2017, 03:56:12 PM
 #20

someone who uses monero surely someone is a great trader because although still good store bitcoin but save monero also no less good. and although the bitcoin is set up there will definitely be a return to monero as a coin of choice for profit.

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