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Author Topic: what is your opinion on Monero?  (Read 414 times)
shoreno
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April 13, 2021, 07:55:56 AM
 #21

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.
theres only two types of person in this world , one is cryptocoiners and one isnt so if you what youv been ask is cryptocoiner , they will know something about monero and will consider this coin but if not then they will simply ignore this .

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.
what do you think?
but what matters is your own choice not them , just continue to use monero because like you i also agree that monero is much better in btc in terms of anonimity and its fees are also lesser when used for transacting however btc is the first coin so its impossible that what it wants is to become monero  . maybe monero wants to become a btc like every other crypto
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April 13, 2021, 10:37:52 AM
 #22

A very large number of people are concerned about their online privacy, so they use anonymous coins. And Monero is the best of all anonymous coins. Therefore, even the delisting of coins from centralized exchanges had a temporary effect of reducing the value, which was quickly restored.

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April 27, 2021, 07:37:09 AM
 #23

Without using Google I can tell you at least 3 companies that already receive Monero as payment : IVPN[2], AirVPN[3] and TorGuard[4]. As a sneak peak I really believe that Mullvad is going to start accepting Monero payments in the near future given this sneaky "like" noticed by a fellow Reddit user[5]:
https://i.imgur.com/AbuTRtg.png

You can see a bunch of other services that are already embracing Monero here : Merchants & Services

[1] https://old.reddit.com/r/Monero
[2] https://www.ivpn.net
[3] https://airvpn.org/
[4] https://torguard.net/
[5] https://old.reddit.com/r/Monero/comments/mnkfvu/monero_coming_to_mullvad_confirmed/

Regarding Mullvad and Monero, their tweet [1] from yesterday is again revealing and they refer to our website [2] + [3] where there are mullvad voucher codes for monero (and bitcoin).


[1] https://twitter.com/mullvadnet/status/1386651475187748866
[2] https://digitalgoods.proxysto.re/
[3] https://bitcointalk.org/index.php?topic=5332214.0
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April 27, 2021, 08:27:44 AM
 #24

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?

in my opinion it is also a good monero token that you mean, but if you compare it to the main coin or bitcoin, it is still very far behind Monero. First, in terms of price, bitcoin is far superior to Monero,
  second about its use, Bitcoin is more widely used than monero. therefore I think it is not suitable if Monero is juxtaposed with bitcoin. in my opinion it is like that

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April 27, 2021, 09:05:53 AM
 #25

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?

That's your visions and everyone of us has a unique ideas on each coins, and for now choosing altcoins instead of bitcoin is a best options. Just trust your instict and pretty sure in the future, it would be rewarding for those who patiently learned to wait and sacrifice their other expenses which suppose to be lost. Yet choosing a promising asset would pay all the debt that stressfully made our lives drowned.

"would pay all the debt that stressfully made our lives drowned" - a very poetic, I would say, or maybe unrealistic. The sentence itself, is somewhat, lacking, considering you mentioned about "choosing a promising asset" would eventually pay the debt that made your life stressful and "drowned". Drowned with what? Sorrow and misery? Poetic indeed like I said earlier. If people prefer Monero over Bitcoin then it is their choice. Monero is a top coin so there were and will be investors that would invest. I am just here to marvel at the coin being discussed at the same time the literary expressions that accompany with it.

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April 27, 2021, 01:09:56 PM
 #26

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?

I don't think Monero is what Bitcoin supposed to be because in Bitcoin, everyone can verify the transaction because it is transparent.
You can't do that in Monero, other people can't see your transactions unless they have your keys, which means the coin is not transparent.
But the decentralized aspect of Monero is same as Bitcoin.

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April 27, 2021, 01:52:45 PM
 #27

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?
Monero is great for a safe, anonymous way of making money and cannot track transactions. I trust because it's reputable. Monero is outperforming other currencies. In my view, in the future monero will grow no more than bitcoin and will dark the limitations of bitcoin. Give their users the most convenience.





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April 27, 2021, 02:03:17 PM
 #28

A very large number of people are concerned about their online privacy, so they use anonymous coins. And Monero is the best of all anonymous coins. Therefore, even the delisting of coins from centralized exchanges had a temporary effect of reducing the value, which was quickly restored.
Yeah but after the introduction of Grin, I guess monero started biting dust. Because at some point of time, even Theymos started accepting copper membership payments in Grin and forum member started Grin wall observer topic as well. I mean even monero is the highly reputed privacy oriented coin, it is facing heavy competition from other such privacy based coins like Grin.

Some exchanges delisted monero after few governments started concerning about money laundering issues against Monero which must be another reason why right away people need to consider before adopting Monero for investment purposes.

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April 27, 2021, 02:40:45 PM
 #29

The first word that comes to my mind about Monero is one of those good forgotten coins, nowadays people don't even really care about Monero. Obviously a difference if we go back a few years. Now there are new and potential coins emerging that people are just too enthusiastic about.
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April 27, 2021, 03:52:04 PM
 #30

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?
It's a privacy coin like DASH, ZEC etc. Few months back DASH, MONERO, ZEC and other some coins passed bad time due to some exchanges among the bittrex delisted those coins due to their exchange terms and regulation. From that time it has bear markets. Now it slowly turns into bullish and monero is now trading around 400$. It's really very good and I think still have a chance to go to moon for these privacy coins.

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June 02, 2021, 10:34:32 AM
 #31

If your looking for the least amount of friction, start with Litecoin.

It's not because the other tokens are bad, but if you want to invest in MONERO, Zcash or XRP, you can't invest directly into it with USD. so because you already have to purchase another cryptocurrency before buying Monero ,Zcash or Ripple, anyway, you might as well start with Litecoin.

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July 30, 2021, 07:13:33 PM
 #32

In my opinion Monero is the best privacy coin in crypto because Monero has a feature called the ring signature, which obfuscates the sources of funds so that they are virtually untraceable to the parties involved in the transfer. The ring signature ensures that every Monero transaction between two parties is grouped with other multiple transactions that occur among other unrelated parties.
This means that the recipient’s funds are mixed in with other Monero users’ transactions, and moved randomly across the list of transactions, making it exponentially difficult to be traced back to the source or recipient.
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July 30, 2021, 08:00:42 PM
 #33

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.
what do you think?
If you read the BTCitcoin whitepaper where does it say that BTCitcoin will be a truly anonymous coin and i cannot understand what is the benchmark you made to come to this conclusion. Satoshi created blockchain to record each and every transaction made using the network and you think it will be anonymous and if so you are so stupid to understand what he was trying to implement, no transaction that is truly anonymous will survive because the authorities will take them down and it is a fact and you will know about these anonymous market in a few years time.
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July 31, 2021, 02:14:30 AM
 #34

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?

In the order of coin listings, Monero is now 27th on Coinmarketcap's list. It must be good in my opinion because it is in the top 30. The price is also still affordable than the price of Bitcoin. If you prefer Monero coins, I think that's great, but in my opinion, Monero coins are still not a lot of fans.

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July 31, 2021, 02:26:00 AM
 #35

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?

In the order of coin listings, Monero is now 27th on Coinmarketcap's list. It must be good in my opinion because it is in the top 30. The price is also still affordable than the price of Bitcoin. If you prefer Monero coins, I think that's great, but in my opinion, Monero coins are still not a lot of fans.

It uses to be higher in the old days but it's not going to be worth using for anyone who will buy right now from exchanges because you are already known. Let's say you buy XMR on Binance today, whats is the point of doing it when you are already identified by Binance. Your data is already there. The goal is to be anonymous but if you have some sort of email or identity connected to a wallet, there is no point.

If there is a way for you to buy XMR outside an exchange maybe on DEX, the better.

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July 31, 2021, 02:47:57 AM
 #36

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?

In the order of coin listings, Monero is now 27th on Coinmarketcap's list. It must be good in my opinion because it is in the top 30. The price is also still affordable than the price of Bitcoin. If you prefer Monero coins, I think that's great, but in my opinion, Monero coins are still not a lot of fans.

It uses to be higher in the old days but it's not going to be worth using for anyone who will buy right now from exchanges because you are already known. Let's say you buy XMR on Binance today, whats is the point of doing it when you are already identified by Binance. Your data is already there. The goal is to be anonymous but if you have some sort of email or identity connected to a wallet, there is no point.

If there is a way for you to buy XMR outside an exchange maybe on DEX, the better.

Excellent explanation. If that's what you say, it's better to just buy coins that are not in the top 30 or 100 down. Because they are not well known on well-known exchanges like Binance or other exchanges.
The problem is whether the Monero coin is good and the result of their discussion does not say that Monero is not good.

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thesosorr
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July 31, 2021, 02:54:29 AM
 #37

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?
Monero is a good coin. I don't agree if someone says it's not good. Each coin will definitely be better known if it is entered in a well-known exchange.
However, I myself am not interested in comparing a coin to Bitcoin.
Shasha80
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July 31, 2021, 03:08:57 AM
 #38

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?
Monero is a good coin. I don't agree if someone says it's not good. Each coin will definitely be better known if it is entered in a well-known exchange.
However, I myself am not interested in comparing a coin to Bitcoin.

Those who say Monero isn't a good coin mean they didn't do their research properly. Because if we do the research properly, we will definitely admit
that Monero is one of the coins worth buying. Monero has been launched since 2014 and is still holding up, meaning that Monero has a fairly high demand.
It is true that Monero is different from Bitcoin, because the Monero function provides privacy and security that allows hiding the identity of crypto users.
This is what Bitcoin cannot provide, because Bitcoin is easy to track. But it is not wise to compare Bitcoin with Monero, because they both have
different purposes in my opinion.

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July 31, 2021, 03:58:19 AM
 #39

People I've spoken to about Monero they are mostly either very for monero or against never anyone in between.

I personally prefer this over bitcoin as it seems like from what I've read Monero is what bitcoin was supposed to be.

what do you think?

In the order of coin listings, Monero is now 27th on Coinmarketcap's list. It must be good in my opinion because it is in the top 30. The price is also still affordable than the price of Bitcoin. If you prefer Monero coins, I think that's great, but in my opinion, Monero coins are still not a lot of fans.

According to your logic, is XRP good? If so, why? What does XRP contribute to decentralization in general? Because that is what cryptocurrencies are about right?

Monero as a coin that is aiming at providing strong privacy could run into problems legally. If governments don't want fully private transactions to be available to anyone, the first thing they could do is to prohibit registered and licensed exchanges from listing the coin. There will still be ways to trade it of course, but it will make things a lot harder.

Generally, I like Monero a lot because as long as it is not possible to trace it, and it seems for now that is still the case, it does indeed work like magic money. You send it, it disappears on your end, leaves no trail and shows up on the other end.
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August 07, 2021, 12:50:43 PM
 #40

Everybody knows that Monero is claimed to be the only anonymous coin, but even it can't guarantee complete privacy. For example, if there was not enough time (less than 20 minutes) between your transactions of buying and selling, your wallet can be revealed.

Personally I don't use Monero, because now I don't really need a lot of privacy, I don't need to hide or launder my money.
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