Are privacy coins already dying

[Polkeins]

It is unlikely that anonymous coins will ever die. Rather, they will occupy a certain niche, where it is not possible for somepeople to trade on centralized exchanges. Still, there are people who protect their privacy and they will always support such projects.
In addition to large projects like monero and zcash, there are "poverty" projects like Komodo or Raptoreum.
Except Monero, in general, other projects are not gaining large capitalization.

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[fzkto]

I haven't heard any good news about privacy coins this days, it seems that people are losing interest in privacy coins because of regulation? Also privacy coins have bad performance compared to other altcoins, what is going on? Can privacy coins survive on the long run?

It is because they are tracked by the government and also being delisted in exchanges and that is why they seems unpopular these days.

Many of them are also no longer being noticed just like the altcoins that eventually have loosen their popularity overtime due to bear market.

It is fair to say that Monero, even without investor interest or any news about the project, is performing very well in this bear market. The coin is now worth over $150, which as a percentage is much better than other projects. This may indicate that the project has credibility with buyers.

And it's the number 1 target of those trying to remove it from exchanges. About its performance, I can say that it's a yes that it's still performing well despite of that.

This is the most popular privacy coin and that's why there's a good volume that's never gone on it despite we're in a bear market. Whatever is causing it to be at good standing is probably the normal cause of supply and demand.

Apart from good supply and demand, Monero is a good cryptocurrency that resists asic miners and has a large community. Probably now this coin has more of a white paper than was intended for bitcoin. By the way litecoin also implemented a privacy mechanism and delisted immediately. If private coins are not beneficial to the government, then it is clearly beneficial to the people, otherwise there would be no bans.

[lixer]

It seems privacy coins have no future at all, I meant look at what happened with the market. So many people abandon the privacy coins these days. I meant i just aware if people are slowly but surely leaving from the privacy coins. Privacy coins are not viable anymore this time when so many people are caring so much with the tokens owned so many utilities. this happens so many times with it. I meant you shall also look at the fact that. Privacy coins actually dying

There will always be a demand for privacy coins, as for various reasons some people will seek to hide the movement of their capital from states. These coins of the state can be driven into the shadows, but they will continue to exist, although the demand for them due to increased regulation and even their ban by individual states will fall very much. In any case, it is hardly worth investing in them now. These coins are expected to decline in prices.

Some old crypto mixers still exist and there's even new mixers that continuously popping out. This can simply mean that there is still a high demand for them so why not in privacy coins right? When they are much easy to use and direct to the point than using a mixer.

People use it either for personal use or simply because they want to be anonymous but I believe that many criminal minds are using it to try to get away with the crimes that they are doing online. This is why authorities are after these privacy coins and coin mixers. They are slowly shutting them down because they think it's an escape route for the cyber criminals. If we are an investor then I think we shouldn't take privacy coins seriously, only to be safe.

[DeathAngel]

Monero (XMR) was the real daddy. It still works exactly as intended but regulatory pressures on exchanges have killed any chances it ever had of really going to the moon.

Such a shame because that coin is so good. You can still use it successfully but it can’t grow as it should now.

[Jating]

Monero (XMR) was the real daddy. It still works exactly as intended but regulatory pressures on exchanges have killed any chances it ever had of really going to the moon.

Such a shame because that coin is so good. You can still use it successfully but it can’t grow as it should now.

True, it's because of the pressures being put on not only top exchanges but everyone that have Monero in their listing. So it's really hard to go against that mandate. Monero still exist up to this day and there could be individuals using it as intended.

But as far as the growth as far as investment goes? I highly doubt that Monero will be the go to investment or any other privacy coin for that matter.

And I guess we still have a choice to use it or not.

[CryptoYar]

I haven't heard any good news about privacy coins this days, it seems that people are losing interest in privacy coins because of regulation?

I don't think people are losing interest, trading volume has decreased due to being delisted from CEXs, But people who prefer privacy still interested in them.

Also privacy coins have bad performance compared to other altcoins, what is going on? Can privacy coins survive on the long run?

Currently, I haven't seen an altcoin that is performing well. all are lying on the ground

[fzkto]

Monero (XMR) was the real daddy. It still works exactly as intended but regulatory pressures on exchanges have killed any chances it ever had of really going to the moon.

Such a shame because that coin is so good. You can still use it successfully but it can’t grow as it should now.

Remember the main slogan of Monero in the beginning - don't buy monero! I think this coin has not lost anything by delisting from some exchanges and still looks much better than competitors like dash or zec. And the main goal is development of the project and not a flight to the moon. By the way, if to compare with the same zec, Monero is now three times more expensive, though recently it was the other way round.

[BitcoinPanther]

Privacy coins are still thriving, it is that they are used and traded in different platform.  We all know that government wannted these privacy coins to be banned on every exchanges and this affect the Privacy coin market a lot.  So instead of battling against the regulation on central exchanges, I think Privacy coins keep its market in a site unknown by the government, possibly dark web market or black market.

I haven't heard any good news about privacy coins this days, it seems that people are losing interest in privacy coins because of regulation?

I don't think people are losing interest, trading volume has decreased due to being delisted from CEXs, But people who prefer privacy still interested in them.

Indeed those who are into illegal stuff, money laundering and many more that badly needed privacy.

[zasad@]

Reminds me of an old post with an inscription
https://bitcointalk.org/index.php?topic=5187816.msg52787039#msg52787039
You can upgrade this signature in any language to support the project.
I think that Monero will continue to exist as a project, but the price of the coin is very difficult to predict, because the pressure on the project and its developers will constantly increase.

[Silberman]

Monero (XMR) was the real daddy. It still works exactly as intended but regulatory pressures on exchanges have killed any chances it ever had of really going to the moon.

Such a shame because that coin is so good. You can still use it successfully but it can’t grow as it should now.

True, it's because of the pressures being put on not only top exchanges but everyone that have Monero in their listing. So it's really hard to go against that mandate. Monero still exist up to this day and there could be individuals using it as intended.

But as far as the growth as far as investment goes? I highly doubt that Monero will be the go to investment or any other privacy coin for that matter.

And I guess we still have a choice to use it or not.

There is no doubt that as an investment people should not expect much from Monero and other privacy coins as the pressure coming from governments is going to increase as years go by, but the main use case of Monero is still there and as such those which are looking for privacy when the make their purchases can still use Monero with full confidence, so even with all of those restrictions imposed by the governments I still think Monero has a place in this market and will keep thriving for a long time.

[mich]

When I first heard about Privacy coins like Zcash and Monero, I absolutely loved the idea. The benefits of a privacy blockchain potentially offer a lot of value.

However, I suspect soon many of these privacy won’t be around because of governments getting involved. Personally, I love BTC and don’t hold many privacy coins in my portfolio but with all the regulations coming, privacy coins may not be worth it.

[bitgolden]

When I first heard about Privacy coins like Zcash and Monero, I absolutely loved the idea. The benefits of a privacy blockchain potentially offer a lot of value.

However, I suspect soon many of these privacy won’t be around because of governments getting involved. Personally, I love BTC and don’t hold many privacy coins in my portfolio but with all the regulations coming, privacy coins may not be worth it.

The idea is still the same, people just don't care about privacy as much as they used to. Right now, all exchanges request KYC which means that your information is there somewhere in the world, and privacy is only left for people who would like to either hide themselves from the government for legal reasons or tax reasons and that’s it. Sure, there are some people who are fully legal and still use it but the numbers are very low.

So, you can see monero type of coins only on darknets when people are buying something. That’s why it’s quite important to not really focus on something that would matter, it's much better if you could focus on things that can make you money, instead of focusing on your privacy.