Bitcoin Forum
May 09, 2024, 09:55:51 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Will Monero Be The Best Investment In 2020?  (Read 450 times)
JCviggen
Hero Member
*****
Offline Offline

Activity: 1260
Merit: 505


Age Of Mars | GameFI Virtual colonization of Mars


View Profile
January 16, 2020, 07:52:10 PM
 #41

I think that Monero is a good coin for those people who really a supporter of anonymity, but if you just want to earn on the price increase of this coin, I would not invest in it. Anonymous coins can very often be influenced by the news because they are trying to ban/delist it, etc. if this happens then the price drops.

Age Of Mars | GameFI Virtual colonization of Mars
1715291751
Hero Member
*
Offline Offline

Posts: 1715291751

View Profile Personal Message (Offline)

Ignore
1715291751
Reply with quote  #2

1715291751
Report to moderator
1715291751
Hero Member
*
Offline Offline

Posts: 1715291751

View Profile Personal Message (Offline)

Ignore
1715291751
Reply with quote  #2

1715291751
Report to moderator
No Gods or Kings. Only Bitcoin
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715291751
Hero Member
*
Offline Offline

Posts: 1715291751

View Profile Personal Message (Offline)

Ignore
1715291751
Reply with quote  #2

1715291751
Report to moderator
1715291751
Hero Member
*
Offline Offline

Posts: 1715291751

View Profile Personal Message (Offline)

Ignore
1715291751
Reply with quote  #2

1715291751
Report to moderator
zhekinsp
Full Member
***
Offline Offline

Activity: 882
Merit: 126


★777Coin.com★ Fun BTC Casino!


View Profile
January 16, 2020, 08:10:22 PM
 #42

Well!! Did you know? One of the altcoin called monero has gained so much popularity in the crypto market, as it is showing the best signs in the market.
Several cryptocurrency experts assume that monero has the ability to show its potential in the crypto market.

According to crypto expert monero price will rise high in the coming days.
https://coinpedia.org/information/xmr-monero-price-prediction/

Let me know your point of view on this?
Monero is a coin with complete anonymity which lacks in bitcoin but when it comes to usability monero still lacks on it and many governments banned coins lie moenro for any usage.I guess it has got the potential but it will become possible?

GideonGono
Hero Member
*****
Offline Offline

Activity: 2016
Merit: 501


★Bitvest.io★ Play Plinko or Invest!


View Profile WWW
January 17, 2020, 05:18:35 AM
 #43

Monero is a good privacy coin but many new privacy coins have surpass monero, these coins have better stealth mode and better privacy features, the best one on my mind is veil coin and Apollo currency which i feel it will do better than old privacy coins
Basically all privacy coins are built for certain advantages and certain things, so between old privacy coins and new privacy coins,
they both have a plus in cryptocurrency.

Yup, at least Monero would be still alive until now because number of tokens do alive in just a beginning unlike Monero that until now it was still work on the market and also have a contribute for the whole crypto currency.

From holding Monero was not risky unlike new token that you've didn't know if it last until longer days.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
darewaller
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 634


View Profile
January 17, 2020, 08:33:03 AM
 #44

Well!! Did you know? One of the altcoin called monero has gained so much popularity in the crypto market, as it is showing the best signs in the market.
Several cryptocurrency experts assume that monero has the ability to show its potential in the crypto market.

According to crypto expert monero price will rise high in the coming days.
https://coinpedia.org/information/xmr-monero-price-prediction/

Let me know your point of view on this?
Maybe you’re right, I have also seen a few articles that have been mentioned as assets to be considered seriously in 2020 and Monero wasn’t among them.

There are two coins, according to Coin house and some other sites, that are to be considered seriously and the number one is Tezos (XTZ) which is an Ethereum competitor. Although I don’t believe that Tezos will be able to beat ETH, but it will perform very well as it has done in 2019. Apart from Tezos other assets that should be considered are DAI, Cosmos, and Polkadot should be closely examined.
FanEagle
Legendary
*
Offline Offline

Activity: 2856
Merit: 1114


Leading Crypto Sports Betting & Casino Platform


View Profile
January 17, 2020, 02:50:47 PM
 #45

Yeah, monero is not something new, it has been around for a long time and it has been popular with the miners for a while as well for being so asic resistant as well. In the end monero will always live and will always have some sort of value, not because it is amazing in all of crypto compared to coins like bitcoin or ethereum but because it is the best privacy coin out there.

So, there is a big number of people who like privacy coins and that will always be the best coin for them. Surely there are other privacy coins, hell there must be ones that are better in general as well but none of them will pass it due to fact that monero was there first, just like bitcoin not being the best blockchain right now but still being the best coin out there in market cap value.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
FairUser
Sr. Member
****
Offline Offline

Activity: 1344
Merit: 264


bit.ly/3QXp3oh | Ultimate Launchpad on TON


View Profile
January 17, 2020, 02:56:08 PM
 #46

Monero's official website got hacked a month ago : https://arstechnica.com/information-technology/2019/11/official-monero-website-is-hacked-to-deliver-currency-stealing-malware/
How can anyone trust Monero's Dev Team, when they can't even secure their own official website ?

Until an explanation has been provided on how hackers got access to Monero's official website in the first place, i would be very wary using Monero (especially their downloadable binaries).
Also Monero is just not used all that much with regards to transactions, which means it is failing its primary use case : https://bitinfocharts.com/comparison/transactions-bch-dash-ltc-zec-xmr.html

And last but not least, this is not a good way to boost confidence with investors : https://www.coindesk.com/moneros-fluffypony-steps-down-as-lead-maintainer-of-privacy-coin-project
Monero is the leading private cryptocurrency in this market, but with the information you provided that their website was hacked by hackers, it really confused me. How can we trust this project if they can't secure their site? And maybe in the future their platform could be hacked like that, too dangerous for us to bet on this project.

TONUP██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
▄▄███████▄▄
▄▄███████████████▄▄
▄███████████████████▄
▄█████▄░▄▄▀█████▀▄████▄
▄███████▄▀█▄▀██▀▄███████▄
█████████▄▀█▄▀▄██████████
██████████▄▀█▄▀██████████
██████████▀▄▀█▄▀█████████
▀███████▀▄██▄▀█▄▀███████▀
▀████▀▄█████▄▀▀░▀█████▀
▀███████████████████▀
▀▀███████████████▀▀
▀▀███████▀▀
▄▄▄███████▄▄▄
▄▄███████████████▄▄
▄███████████████████▄
▄██████████████▀▀█████▄
▄██████████▀▀█████▐████▄
██████▀▀████▄▄▀▀█████████
████▄▄███▄██▀█████▐██████
█████████▀██████████████
▀███████▌▐██████▐██████▀
▀███████▄▄███▄████████▀
▀███████████████████▀
▀▀███████████████▀▀
▀▀▀███████▀▀▀
▄▄▄███████▄▄▄
▄▄███████████████▄▄
▄███████████████████▄
▄█████████████████████▄
▄████▀▀███▀▀███▀▀██▀███▄
████▀███████▀█▀███▀█████
██████████████████████
████▄███████▄█▄███▄█████
▀████▄▄███▄▄███▄▄██▄███▀
▀█████████████████████▀
▀███████████████████▀
▀▀███████████████▀▀
▀▀▀███████▀▀▀
████████
██
██
██
██
██
██
██
██
██
██
██
████████
████████████████████████████████████████████████████████████████████████████████
.
JOIN NOW
.
████████████████████████████████████████████████████████████████████████████████
████████
██
██
██
██
██
██
██
██
██
██
██
████████
Febo
Legendary
*
Offline Offline

Activity: 2730
Merit: 1288



View Profile
January 17, 2020, 03:18:08 PM
 #47

How can we trust

With open source cryptocurrenices you dont need to trust anyone. You verify yourself. All Monero code same as all Bitcoin code is available for everyone to check it. And many people does check it all the time. Same with wallets or any other software. You check the hash it it is correct. If hash dont match then someone modified that software and is not the same as it should be.

It is so simple really.


Oh and Monero in 2020 will be better then Gold.
leea-1334
Hero Member
*****
Offline Offline

Activity: 2240
Merit: 953


Temporary forum vacation


View Profile
January 17, 2020, 04:41:11 PM
 #48

With that said, Monero does look like a strong asset for the long term. As regulators crack down on digital assets and remove all paths to anonymity, cryptocurrencies like Monero become increasingly relevant. However, I wouidn't be surprised to see an outright ban on privacy-coins, which could eventually hinder the growth of Monero as established businesses and companies choose not to interact with the coin or support it.

Personally, I think we're at least a few years until that is a realistic concern though, so there's still plenty of time for growth. Hopefully, between now and then, Monero evolves into something that cannot be blocked.

Agree! Even if we ignore the invisible stuff like how much development is put into it and how much testing and practical use by a real community, there is one thing difficult to ignore. And this is that Monero is a first mover, that is all there is to it,,, like Bitcoin, it was the first popular use of anonymous/privacy context, and will always be strong for that in long term.

.
..........
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
█████████████░░██████████████████████████░░███████████████████
███████████████░░██████████████████████████░░█████████████████
█████████████████░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░███████████████
█████████████████░░░░░░░░░░██░░██░░░░░░░░░░██░░███████████████
███████████████████░░░░░░██░░██████░░░░░░██░░█████████████████
█████████████████████░░░░░░██████████░░░░░░███████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
.....I AM BLACKJACK.FUN.....
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
█████████████░░██████████████████████████░░███████████████████
███████████████░░██████████████████████████░░█████████████████
█████████████████░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░███████████████
█████████████████░░░░░░░░░░██░░██░░░░░░░░░░██░░███████████████
███████████████████░░░░░░██░░██████░░░░░░██░░█████████████████
█████████████████████░░░░░░██████████░░░░░░███████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
..........
SaShiRaJaVu
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 541


View Profile
January 17, 2020, 04:51:58 PM
 #49

With that said, Monero does look like a strong asset for the long term. As regulators crack down on digital assets and remove all paths to anonymity, cryptocurrencies like Monero become increasingly relevant. However, I wouidn't be surprised to see an outright ban on privacy-coins, which could eventually hinder the growth of Monero as established businesses and companies choose not to interact with the coin or support it.
If privacy is in mind you should not look at the valuation because you said that yourself, the authorities will drive the anonymous coins underground once they start cracking these markets and once they regulate it you will push the market in the dark web and when that happens you will not find many investors for the price to soar as you think but only a certain percentage of people will be using that and it will not help the price to rally in anyway.
jarhed
Sr. Member
****
Offline Offline

Activity: 672
Merit: 254


View Profile
January 17, 2020, 07:43:08 PM
 #50

I think there are a few more promising alts to invest in 2020, but that doesn't say that Monero is a bad coin to invest in.
BigBos
Sr. Member
****
Offline Offline

Activity: 1876
Merit: 447


View Profile
January 18, 2020, 09:23:02 AM
 #51

I think there are a few more promising alts to invest in 2020, but that doesn't say that Monero is a bad coin to invest in.
for now, monero is still a good coin, but coins like steller, dash, BTG, BCH, and many more, some other coins have faster and greater growth compared to monero. however, we all have our calculations and predictions regarding this. Well, Monero is out of my wallet for now
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!