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Author Topic: What are the most important cryptocurrencies other than bitcoin?  (Read 746 times)
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January 26, 2021, 02:00:13 PM
 #21

Monero is very important and they have support from Kraken exchange so I am not worried about that and I think in future there is going to be more decentralized exchanges supporting monero.
There will always be a possibility for the US exchange site to did the same as bittrex and just because it has been supported by kraken and it doesn't mean monero is the most important crypto other than bitcoin.
This is not relevant consider monero is not giving a huge impact to the crypto.
it should be ethereum and it's not monero.

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January 26, 2021, 02:07:44 PM
 #22

Monero has been around since 2014, which is an eternity in the crypto currency realm. Its use is rapidly growing in dark net markets, where BTC is being rejected because BTC is not private.

Most regulated exchanges are reluctant to list Monero and this has limited its market capitalization for the time being.

Monero is real crypto cash. BTC was supposed to be real crypto cash, but fell short of the mark.

Monero’s future is bright. I expect that it will eventually eclipse BTC, but we are still a few years away from that.

I totally agreed that Monero is good, but since they are a coin dedicated to anonymity some exchanges are not listing and some coins are even delisting it, we can include Monero as one of the coins that have potential in the market, but we have a lot of coins that have potential and very important like Ethereum, we can have ten to twenty coins that have a lot of potentials other than Bitcoin but I doubt if it can eclipse Bitcoin, but we can't be sure in the future.

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January 26, 2021, 02:08:34 PM
 #23

yes might be correct that the token have with popularity to eclipse bitcoin by the future times. now we need of more with developer to work on product manufacturing or service deliverance as with the occupation of the monero token.

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January 26, 2021, 02:13:17 PM
 #24

Monero got more enemies than Bitcoin, the anonymous part of Monero makes things hard for the project ( centralized hatred ), it's going to face different hardship if regulations comes in future, it's a top coin and first of its kind but can't be compared to bitcoin and stop dreaming that it will take over bitcoin
It's very obvious that monero is altcoin and it can never be compared with ethereum to the extent Bitcoin, btc is the master of current existing cryptocurrencies seconded by ethereum and followed by others coins, so emphasising that altCoins like monero will dominate btc I think is a fallacy.

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January 26, 2021, 02:39:44 PM
 #25

Monero has been around for years, its been a successful privacy coin and used by many who wants privacy which the use case serves well for it. Other than BTC it is indeed one of the most used coins that's why its price also is going up. Future could be more complicated however for XMR and the likes because of the crackdown of regulators. It fits to be in the darknet.

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January 26, 2021, 04:09:54 PM
 #26

Of course, Monero is still a very popular altcoin and many big players invest in Monero, but I haven't invested in Monero for a long time because I don't see any serious progress, but something may change, but of course I still think Monero is a very good investment option, but I do not want to invest in Monero yet, maybe after some interesting news from the Monero team I will change my mind, but for now I will wait and I will watch.
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January 26, 2021, 04:20:32 PM
 #27

Monero is a good coin but not used by a very large number of people. The main currencies should be considered those that are used by many people such as bitcoin, ethereum, soon polkodot and some others.
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January 26, 2021, 11:03:33 PM
 #28

Bitcoin is private if you can buy it privately. Monero is much easier to hide and I like it but its future will depend on the exchanges. You have to buy it somewhere and with bitcoin you can do it on exchanges sacrificing your privacy or for cash which makes it private.

If you eliminate Monero exchange you will more or less destroy the coin. It will become so hard to obtain that only those who already have it will be able to transact. You'll have to trade on dex to get it which will effectively cut 90% of its trading volume.
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January 26, 2021, 11:04:21 PM
 #29

I guess the best crypto currency that being used by most people in this world is the crypto currency that regulated by government. Yeah, we have to know that, mass adoption will come if the government allowed them to be used in their country. If the crypto currency got rejected by the government, then there is no one or only a few people who will using it.

Yeah, like monero, a few times ago monero was listed by most exchange. But, most exchange tried to delisted it because some government instructed some exchanges in their area to remove Monero from being traded or used on the exchange. Indeed, Monero is the privacy coin, not the bitcoin we know it for. Our transactions using bitcoin will be visible unless using a mixer service (certain mixers of course). However, with Monero we don't need to choose any service so that our transactions are not visible.
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January 26, 2021, 11:04:35 PM
 #30

I know plenty of other top projects other than Bitcoin that isn't Monero. You asked for important cryptocurrencies apart from bitcoin but you are talking about Monero only. If you like privacy coins, there are other good privacy coins available right now.

Other good projects:-
Polkadot,
Cardano
LINK
AVAX - has privacy too.


I like polkadot. Little by little we can see that people started to use polkadot chain in their project, it can be used to substitute using eth blockchain for  cheaper transaction fee and faster than usual. polkadot is getting hyped this days resulting to a good price in the market, I hope it will be adapted as fast as it could be, and that could be the reason why the price is still pumping now. I am rooting for polkadot, in terms of link I am still holding that since they said that link is very profitable soon.
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January 26, 2021, 11:12:31 PM
 #31

Monero’s future is bright. I expect that it will eventually eclipse BTC, but we are still a few years away from that.

With the current situation of government wanting to regulate cryptocurrency indutry, I do not thingk that monero's future is as bright as you think.  It maybe very bright on the black market but in terms of mass adoption allowed and regulated by the government, it won't even get its share from Bitcoin's brightness.  I think Monero could not even surpass ETH lights when it comes the public usage.

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January 27, 2021, 11:33:37 AM
 #32

Bitcoin is not an anonymous coin, it would be more correct to call it a pseudo-anonymous coin. Thanks to the blockchain, we can see all transactions in the bitcoin network, with Monero you will not be able to track transactions and which is a truly anonymous coin by default. But despite its privacy, Monero will obviously not be able to match bitcoin in popularity.

Bitcoin is pseudonymous. Not anonymous.

Monero is fully private and very exchange-friendly. Exchanges are the actual ones not being privacy-friendly, so it should be the authorities and exchanges you should be hating on, not the coin itself. They're too thirsty for control to let a private blockchain run properly.

I'd place my bets on Monero as the best thing after BTC. Privacy is still strongly undervalued.
I stand corrected guys and both of what you've said about Monero are correct being anonymous. In regards to its being delisted to different exchanges, yeah, they are at fault and the ones tracking them down. When the whole community understands how privacy is important.
Monero and Bitcoin will be the ones to be at the top suggested coins including the other good privacy coins too.



 

 

 

 

 

 


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January 27, 2021, 01:45:38 PM
 #33

As such there are many cryptocurrencies that we can trust apart from Bitcoin. Your choice is good and I also have the list of good potential coins that I prefer to hold: Ethereum, Polkadot, Chainlink, Cardano, Litecoin, Tezos, Kusama, UMA, NEO, Waves.

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January 27, 2021, 01:59:04 PM
 #34

There are few cryptocurrencies other than bitcoin that will be Monero, Ethereum, Litecoin and so is preferable for me.

Except a dark coin like XMR, all of them look to have gone centralized because of big scale investors who have the capacity to eat up the limited supply. As of price, I think Eth stands a good chance only if institutions decide to shift their money from btc to it and that will not happen so soon because they will need others to join the party and so they are drawing everybody's focus to btc.
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January 27, 2021, 02:02:11 PM
 #35

There are few cryptocurrencies other than bitcoin that will be Monero, Ethereum, Litecoin and so is preferable for me.
depend on what usage you are referring because every coins has their characteristics that is why also some investors/users trusted them than Bitcoin.

But if you are considering the Low fee using then those mentioned are not part of the discussion.

XRP and Dogecoin for me.


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January 27, 2021, 02:05:24 PM
 #36

Bitcoin is private if you can buy it privately.
Due to how good the technology in these current years, some of the tech-savy department could detect the transaction unlike in the beginning run of Bitcoin. People could get threw into a jail even though you are using Bitcoin for "dark matter" transaction. Who knows in later year, there are something better for private payment method.

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Cling18
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January 27, 2021, 02:07:22 PM
 #37

There are few cryptocurrencies other than bitcoin that will be Monero, Ethereum, Litecoin and so is preferable for me.

I consider top coins as valuable coins because they have established a good foundation already that's why most investors trust them. One of those coins is Ethereum which has been showing good potential for years. I'm sure that more coins would show good potential in the coming years. I would always prefer coins with a good reputation.
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January 27, 2021, 03:53:22 PM
 #38

There are few cryptocurrencies other than bitcoin that will be Monero, Ethereum, Litecoin and so is preferable for me.
I've encountered lots of different cryptocurrencies already other than bitcoin but in my opinion, I would consider Ethereum as an important one too. If you would take a look at the history of crypto, ethereum has always been next to bitcoin and I think it has something to do with how well investments and trading are occuring within it. It has also made a new all time high just like bitcoin in the last few months and many are also patronizing it. I have my investments on it too because I know somewhere in the future, it would help me reach my dream of becoming rich.
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January 27, 2021, 04:07:53 PM
 #39

There's no such thing as important crypto. But there are popular ones wherein communities are larger than majority of the cryptos namely ethereum, ripple, montero, bch and ofcourse there's Bitcoin (this is based on my opinion alone). These are the big names in this market which I think OP is referring to. These cryptos are where many investors engage themselves with to generate profit but personally I have only invested into two of these simply because that's my comfort zone. I'd be surely anxious if I will be engaging to other cryptos in which I am not that fully aware of its market behavior.



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Rainbot
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January 28, 2021, 11:46:22 AM
 #40

There are few cryptocurrencies other than bitcoin that will be Monero, Ethereum, Litecoin and so is preferable for me.

I wonder if there are the most important cryptocurrencies, why are there so many of them? Then people would only invest their money in important coins. It seems to me that there is no such thing as important cryptocurrencies, there are promising and stable ones. For me, these are a few of the top 5 coins, after Bitcoin and Ethereum.
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