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CuriousGeorge
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KUWA.ai
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September 27, 2019, 04:44:35 PM |
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I can't say a lot about that with the current situation about almost all of the exchange sites are implementing KYC verification and the future of privacy coin is not bright. Okex korea already started to remove stable coin from its market. If the regulator will allow that (privacy coin) to be traded in CEX and that will give the future to the privacy coin. But this time you must see that from the regulator's perspective. The regulator has a lot of chance to kill the existence of the privacy coin.
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lionheart78
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September 27, 2019, 04:55:34 PM |
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People will definitely choose the currency that the government cannot control, but the question is, do they have the option to do so? With all these regulation stuff conquering the cryptocurrency industry, I do not think that cryptocurrency won't be controlled by the government in the future. Aside from that privacy coins are being monitored and ban from exchanges since the government cannot do anything to track it so they would at least have to stop people transactions and exchanging it (though i believe it will be futile). So for now all I can see is that privacy coins future is kinda dim and will be widely used in the blackmarket instead.
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landoffaucets
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September 27, 2019, 05:19:04 PM |
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I am not fan of anonymous cryptocurrencies. Why? Because simply they can be replaced by second layer solution - for example Lightning Network increases the anonymity of Bitcoin. Secondly, governments will 100% ban pure anonymous coins.
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crazy-pilot
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September 27, 2019, 05:21:28 PM |
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I like that the blockchain is developing in different directions, but I'm not a fan of privacy coins. I am interested in looking at the adoption of cryptocurrencies by the world, and not at the success of privacy coins.
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Jolly.Roger
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September 27, 2019, 06:50:05 PM |
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I am not fan of anonymous cryptocurrencies. Why? Because simply they can be replaced by second layer solution - for example Lightning Network increases the anonymity of Bitcoin. Secondly, governments will 100% ban pure anonymous coins.
I like anonymous coins, but maybe their time hasn't come yet. As we can see they are used by a very small number of users.
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bittraffic
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September 27, 2019, 07:11:08 PM |
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There is future to privacy coins but they may only be found on DEX anymore now that several CEX are taking them out in the market. What is surprising is that BTC has plans to become anon coin this could be another blow to the price of BTC later on just to pull its price down to its bare ass.
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AndRE177
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Proof-of-Stake Blockchain Network
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September 27, 2019, 08:07:43 PM |
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All other things being equal, I would rather choose a coin that does not have a single center and, accordingly, its price depends entirely on the market value of the coin and its technology. And no fraudulent actions of developers or regulatory decisions can change the price of such a coin.
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irixo10
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GoMeat - Digitalizing Meat Stores - ICO
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September 27, 2019, 08:28:30 PM |
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In as much as I don't want to sound negative but we have to look at the current situation surrounding privacy coins, recently OKEX delisted quite a number of privacy coins. In my own opinion, for the future of privacy coins to be secured, there is need for them to move to decentralized exchange in this way, their core features will be upheld.
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FaucetKING
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C U
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September 27, 2019, 08:46:56 PM |
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I still think that privacy oriented coins are a serious need here amoung the crypto field. The thing is that decentralization is the highly needed option now, with it we could build amazing base for the futuristic operations m, transfers and also investment asset. Centralization will end soon.
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emreunsal10
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September 27, 2019, 08:50:58 PM |
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I am not fan of anonymous cryptocurrencies. Why? Because simply they can be replaced by second layer solution - for example Lightning Network increases the anonymity of Bitcoin. Secondly, governments will 100% ban pure anonymous coins.
that sounds a bit funny to me actually. Do you really believe governments can do anything about anonymous coins or tokens? And after lightning network, do you even consider btc will be banned from any first world country or china? i honestly don't think so.
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BitcoinPanther
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September 27, 2019, 09:33:38 PM |
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We all like privacy coin Bitcoin or Monero Gold etc types of coin. I want to control my money that's possible in Bitcoin. For all types of transaction, we can use any service in our country but by control of government. Privacy! the reason Bitcoin was banned in some country. So people are more interested in privacy coin.
Sorry but exclude me. I am not into the privacy coins, because often times this are used to make illegal trades and may affect anyone who uses it. Do you really believe governments can do anything about anonymous coins or tokens?
Well if you are reading the news.. there are exchanges that are delisting privacy coins. I think the government have something to do with this due to the money laundering law.
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bigcash2011
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September 27, 2019, 09:55:06 PM |
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Regarding this topic i am of the view that bitcoin will emerge at the top even after allbig businesses, banks and big countries launch their own coin, i would rather go one step ahead and say that when this time will come bitcoin value will boom massively because everyone will start acknowledging the true power of decentralization tht only btc and few other coins provide.
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Perfect35
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September 27, 2019, 10:24:56 PM |
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Inasmuch as centralization is gradually taking turn on decentralization, privacy coin might be close to being forgotten. Its era seems to have gone, because some are now being delisted on reputable exchanges. The fact remains that, a lot is changing and that several coins are either being confirmed or skeptically known to be centralized.
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Chuky92
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September 27, 2019, 10:27:37 PM |
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Privacy coins are really needed in this space as it brings in more anonymity and privacy to users transactions. Also, I think the future of privacy coins are threatened owing to what Okex did and thus other exchanges might decide to follow suit. What am trying to say is, there is need for plan B and just like someone stated here, there is need for advanced decentralized exchanges which can list these privacy coins thus helping to maintain the reason for their creation.
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vintages
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September 27, 2019, 11:35:33 PM |
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Privacy means a lot to people especially when it has to do with money. Don't blame them when they seek decentralized and anonymous system for saving, paying and other related activities. Also, many people are moving away from the bank because they trust them less. With the way they handle their funds.
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Febo
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September 28, 2019, 12:55:45 AM |
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Digital money has to be decentralized and without transparent ledger. Otherwise it is not real money.
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BlacksmithCorporation
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arcs-chain.com
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September 28, 2019, 02:13:41 AM |
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I think the future of private coins is uncertain, financial regulators certainly don't want these coins to exist, because they are the right tool for money laundering. Okex and Upbit recently delist private coins required by FATF as an example.
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bgaf
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Worldwide Payments Accepted in Seconds!
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September 28, 2019, 03:03:07 AM |
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If you have read the news about the okex Korea restricting and delisting of the 5 privacy coin included the XMR monero which is a solid one then youre perspective will change. Many people think that some feature of privacy coin such as untraceable address or cannot retract or monitor the sender address or txid is a huge risk concerning the possible using it as a source of illegal or hacking activity.
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