What's your thoughts on Privacy coins?

[Schirer]

Privacy coins tend to catch a hype and go up for a while. But i believe that there is not much there. Yes, some privacy coins will be used on wont be abandoned but there is only so much need for them . And the big disadvantage is that most of the big exchanges wont touch them and if they have touched them they will delist them with time since regulations will most likely will not support them.

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[cryptoherr]

I think we already have had an boom of privacy coins. We monero, zcash even dash or xvg. But i do think that some real Projects woth value lke monero could have a bright future

[BTCdoaA]

I though cryptocurrency already are anonymous. People can track my transactions but they don't know who am i. that's enough for me. I don't use it for drugs, child porn so too privacy coin that doesn't need for me

What if government put sanctions on your money to be tracked for every single payment due to political\other reason ? then anonymous coins is needed urgently in that scene so better take care of your money before turned into real actions . Not privcy alone but all other good anonymous coins are very important in near future .

[margaret22]

If people want to pay something illegally, they will use cash anyways In most cases. I see great future for privacy coins anyways.

[HouruSinkara]

The idea of such coins is good and they will definitely find their user. I myself do not use such coins, I prefer ordinary coins like bitcoin or ethereum for coins transfers

[DiamondsAndCoins]

I think as governments get involved in crypto more and more they will attempt to ban these coins which will lead to more people using them.  The black market economy will begin.  I also believe as government pushes us further and further more and more people will turn to the privacy coins.  So I think the future is rocky but bright.

[zeze18]

As defined by coincentral.com, "Privacy coins implement the functionality to hide your identity when making transactions. They also can keep your wallet anonymous and/or hide the balances of transactions as well. "

The topic of this usually goes in two directions. One side claim negative attributes (ie. A utilization for money laundering and terrorist/criminal activity) or positive (ie. redeeming your right to have absolute control of your privacy).

When we think of potential use cases, we think of Silk Road or more recently Verge who entered the porn industry. But at the same time, you can in vision a use case that could be beneficial, which involves protecting people's financial identity. For instance, do you really want anyone to be able to track your purchases, see your salary or know your net worth?

What's your thoughts about Privacy coins? Do you see it as a positive or negative? Do you envision a future where privacy coins succeed?

Leave your opinion on Crowdholding and earn crypto for your feedback for free! Here is the link - http://bit.ly/2ukI6gv

Potentially will gonna be used by crime or something that need anonymous.
But it has a lot of good side of it, safer wallet and can secure it from hackers

[turtletime]

I though cryptocurrency already are anonymous. People can track my transactions but they don't know who am i. that's enough for me. I don't use it for drugs, child porn so too privacy coin that doesn't need for me

What if government put sanctions on your money to be tracked for every single payment due to political\other reason ? then anonymous coins is needed urgently in that scene so better take care of your money before turned into real actions . Not privcy alone but all other good anonymous coins are very important in near future .

Privacy coins are the future of cryptocurrency, Most of us don't want to be tracked and have our actions exposed by a public blockchain.  IT will be a tough road because of all the government regulation but if we join together and support privacy coins the government can't stop us.

[abayan]

As defined by coincentral.com, "Privacy coins implement the functionality to hide your identity when making transactions. They also can keep your wallet anonymous and/or hide the balances of transactions as well. "

The topic of this usually goes in two directions. One side claim negative attributes (ie. A utilization for money laundering and terrorist/criminal activity) or positive (ie. redeeming your right to have absolute control of your privacy).

When we think of potential use cases, we think of Silk Road or more recently Verge who entered the porn industry. But at the same time, you can in vision a use case that could be beneficial, which involves protecting people's financial identity. For instance, do you really want anyone to be able to track your purchases, see your salary or know your net worth?

What's your thoughts about Privacy coins? Do you see it as a positive or negative? Do you envision a future where privacy coins succeed?

Leave your opinion on Crowdholding and earn crypto for your feedback for free! Here is the link - http://bit.ly/2ukI6gv

Potentially will gonna be used by crime or something that need anonymous.
But it has a lot of good side of it, safer wallet and can secure it from hackers

Yes, privacy coins is very useful in this cryptoworld there is so many hackings etc. Although we cannot say that if we use privacy we are safe and not hackable or traceable. Some of it can still bypass by some people but with privacy we can manage to protect important matter and we are not easy to hack.

[Script3d]

you dont need privacy coins for privacy bitcoin is enough just simply use bitcoin mixer and they cant track your new address anymore, you can also use tor if you want to use their service if you really love your privacy.

[berezov_petro]

I think the confidential coins are very good, but only when they are used for good ends. If these coins will use criminals to launder money and sell illegal goods, then this should be decided or forbidden.

[adzino]

Privacy coin is something that we actually don't need right now. Though having a bit of privacy in financial matters is something that is appreciated but still every blessing has its dark side. People will actually abuse this features by hiding themselves to commit crimes such as money laundering. This will eventually bring more negativity towards the crypto community.

[nightways]

Will become more and more valuable, just wait on them. They will be needed.

These privacy coins are newly introduced in the crypto market and that it has not been so long to see these crypto coins. However, the features which these coins are having are indeed the bets and that there are brighter chances that investors will go for investing their money into such coins if not now, then after sometime and that these coins will create a strong impact in the society.

[bitcolic]

privacy coins my favourite but it can be used for illegal activity for sure, so its dangerous ..

[sharkpc2000]

I in detail like the commencement of the currencies. I craving thither is a demand championing them chiefly when we change govern books where you can escritoire everyone's crypto.

[pinkiu1080]

I think this is coin when users are protected all private information of profile as well as account detail. Also the transaction will be secured well from any hackers or lossing information. It helps people can protect their project and make your transaction become more effective.