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Zer0Sum
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July 27, 2014, 06:49:11 PM
Last edit: July 27, 2014, 07:11:14 PM by Zer0Sum
 #41

You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin)

The true ratio is closer to 3%

Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/


Well, Bittrex has chosen BC to replace LTC as it's liquidity coin...
And the lagging and struggling Polo has chosen command line coin XMR as it's liquidity coin.

IF one wears blinders and views it as a race between BC and XMR...
(With LTC stagnating and become a very well-secured store of value)...

BC is light-years ahead of XMR in every way that matters to actual human beings...
Speed, liquidity, Dev team, PR, MultiPool, rolling out Gen 2.0 features...
Maybe XMR will have the crime level anon advantage it can split with DRK if a wallet ever happens.

These are both total darkhorses that came out of nowhere...
But if you spend an hour or two studying the 2 ecosystems...
(And ignore 1,000,000,000,000 posts of spam by Monero Truthers...  
Which reminds me of the endless HUBRIS on display in last year's Ripple fiasco)...
And see the collapse of BBR which is a much better CNote than XMR...

BC leaves XMR in the dust. So far.


PS.  It's great to see BCX no longer "out of the country"... and back on the street.
rethink-your-strategy
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July 27, 2014, 06:55:36 PM
 #42

BC leaves XMR in the dust. So far.

http://www.devtome.com/doku.php?id=a_massive_investigation_of_instamines_and_fastmines_for_the_top_alt_coins#blackcoin
Johnny Mnemonic
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July 28, 2014, 01:17:00 AM
 #43

BC leaves XMR in the dust. So far.

Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth.
illodin
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July 28, 2014, 01:27:57 AM
 #44

BC leaves XMR in the dust. So far.

Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth.

One reason XMR trade volume is higher could be that it's actually safer to keep your XMR's on an exchange than withdrawing them to a wallet. BlackCoiners keep their coins in their wallets staking and securing the network.
Johnny Mnemonic
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July 28, 2014, 01:46:48 AM
 #45

BC leaves XMR in the dust. So far.

Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth.

One reason XMR trade volume is higher could be that it's actually safer to keep your XMR's on an exchange than withdrawing them to a wallet. BlackCoiners keep their coins in their wallets staking and securing the network.

What?! Please explain why it's safer to keep your XMR on an exchange rather than your own wallet.
hodlmybtc
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July 28, 2014, 01:51:00 AM
 #46

BC leaves XMR in the dust. So far.

Yet BC (with all its polish) already trades at a much lower volume than XMR. Pretty sad considering XMR doesn't even have a GUI yet. I guess that just shows how much those "Gen 2.0" features are really worth.

One reason XMR trade volume is higher could be that it's actually safer to keep your XMR's on an exchange than withdrawing them to a wallet. BlackCoiners keep their coins in their wallets staking and securing the network.

What a bullshit argument, first of all it isn't safer to keep your XMR on an exchange because there are no problems with the wallet.

Also keeping XMR on an exchange doesn't increase trade volume, or do your coins automatically trade when you keep them on an exchange?

Along with the instamine investigation posted by rethink-your-strategy, Poloniex replacing their LTC markets with XMR markets and XMR's higher volume even when there isn't an official GUI wallet yet and the coin being newer it's pretty obvious which coin will come out on top.
djarot
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July 28, 2014, 01:45:02 PM
 #47

I was tracking this and i'm pleased by XMR resilience to be honest, it has proven itself somewhat.. to the point that (i hope) there will be less criticism for criticism's sake and more discussion of stuff which is interesting for all!  Wink
cassius69
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July 28, 2014, 02:06:15 PM
 #48

You do realise that the number of transactions and users per day of Monero is MINIMAL (probably even less than 0.01% of bitcoin)

The true ratio is closer to 3%

Because it has happened so fast people do not understand how Monero has eclipsed 99% of altcoins. It is now #3 or #4 in terms of exchange volume. Blockchain volume ranking is probably comparable. http://www.coingecko.com/


Well, Bittrex has chosen BC to replace LTC as it's liquidity coin...
And the lagging and struggling Polo has chosen command line coin XMR as it's liquidity coin.

IF one wears blinders and views it as a race between BC and XMR...
(With LTC stagnating and become a very well-secured store of value)...

BC is light-years ahead of XMR in every way that matters to actual human beings...
Speed, liquidity, Dev team, PR, MultiPool, rolling out Gen 2.0 features...
Maybe XMR will have the crime level anon advantage it can split with DRK if a wallet ever happens.

These are both total darkhorses that came out of nowhere...
But if you spend an hour or two studying the 2 ecosystems...
(And ignore 1,000,000,000,000 posts of spam by Monero Truthers...  
Which reminds me of the endless HUBRIS on display in last year's Ripple fiasco)...
And see the collapse of BBR which is a much better CNote than XMR...

BC leaves XMR in the dust. So far.


PS.  It's great to see BCX no longer "out of the country"... and back on the street.

just so you know...bittrex-bill told people in chat this was a 'short term experiment' because blackcoin people begged.

they either supply real volume of the experiment goes bye-bye quick.

their ltc markets never had any volume either.

bingopoint
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August 02, 2014, 03:33:44 PM
 #49

Monero has no alphabet problem. This problem was invented by the BTC scams so you shouldn't trust them.
jabo38
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August 02, 2014, 03:55:44 PM
 #50

Even with BCX's explaining (thanks by the way), I'm still a bit worried. I think anonymity is a very important thing, but all these latest anon coins just seemed to be plagued with one issue after another.

I'm still waiting for something better.

dompsairs
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August 02, 2014, 04:13:39 PM
 #51

why do they keep changing the tag?
aminorex
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August 02, 2014, 05:36:31 PM
 #52

why do they keep changing the tag?

You may be referring to the BMR -> MRO -> XMR evolution.  The first change was early consensus of the community:  The project was renamed from bitmonero to monero, on semantic grounds.  The second change was for ISO compliance, so that in future XMR can interoperate with FX platforms with less disruption.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
fluffypony
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August 02, 2014, 07:48:16 PM
 #53

why do they keep changing the tag?

BCX is BitcoinExpress, not the Monero ticker symbol:) It's still XMR.

Achile$
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August 03, 2014, 04:34:21 AM
 #54

Alphabet problem was created by scams and "whistleblowers" so it is not exist. XMR is perfect.
coinamigo
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August 03, 2014, 04:51:41 AM
 #55

Alphabet problem was created by scams and "whistleblowers" so it is not exist. XMR is perfect.
True! The all arguments about this problem are fakes!
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