So

Doing better than dash.

Yes perhaps for poor people I am talking about rich people here. It is not a sure thing at all, that is why at a certain point you diversify your portfolio as much as possible. Keeping it in a privacy coin is essentially gambling that your specific privacy coin will win above others, its speculating pure and simple.

Keeping that amount of money in any one asset is gambling and with the slow growth essentially making your money dead if other avenues of wealth creation exist.

Moving money privately is a huge plus but you want to convert that money into other sold investments again even if it was just dodging the taxman, if you avoid super tax you get a % gains, the potential future growth of the privacy coin would have to be a lot just to justify keeping it their because of the % gained from not paying tax.

Risk is the number one factor here. Its very attractive but holding it long term not necessarily. Dodging tax and putting that money into a development in a tax haven like say Mauritius % of growth would have to be lower than just keeping your money in a privacy coin while also considering the potential downside of both. The downside being that the privacy coin could have extremely slow growth for a couple of years or be out performed by another privacy coin while you lose 15% of your investment in the span of a week.

Don't be mad the guy made millions off of successful businesses and used his business intelligence to become part of the most technologically advanced crypto currencies in the field.

I have to agree. I recently got some monero and just getting the wallet to work was a pain in the rear-end.. and i have some experience with personal computers as well. Imagine somebody with no experience with personal computers trying the same. sheesh.

Here is where you are wrong. Specific privacy coins? There is only 1 privacy coin that was built with privacy as the solid blueprint and foundation.

If you wan't backdoor access by a team cucked by the American Surveillance organisations then go with Zcash.

If you want shit tier "privacy" that can be overcome by 13 year old hackers then go with any of the new scams that come out every month.

There is only 1 project with the top developers working on privacy from the ground up and that is monero.

hahahaha fucking XMR fags

It's the best long term hold and has the best chance of becoming a store of value similar to gold in the coming decades.

Monero doesn't need mainstream adoption to grow in value. It will most likely never be used by normalfags because normalfags don't value their privacy. Wealthy individuals (read: not normalfags) do value their financial privacy and will see value in using Monero like a digital Swiss bank. Tail emissions begin in just a few years. Take heed.

Perhaps your right I do not know enough about computer science to agree or disagree, My background is primarily law and finance.

Took me like 5 minutes to get the wallet working but I see what you mean. There's no fuckin way I could get a normie's head wrapped around electrum nevermind that dogshit lmaooo

Caught a massive falling knife with this one

people buy monero and it gets spent to buy drugs immediately after, it's a working currency and holding it is retarded as it already does what it's supposed to.

And may I ask whom you shill for?

inb4 some other shitcoin that nobody knows about that is supposedly anonymous.

That's what I thought about bitcoin and now I'm poor when I could have been filthy stinking rich

im not mad at all.
props to the sly pony!
although i do choose not to invest in his coin.

same here. im at half my initial bitcoin value. i could have just held onto the bitcoin instead of buying the way down, but i'm not worried at all. im way more afraid this thing is gonna rocket and never come back down again, which i know it will one of these days.

It isn't his coin lol. He's stepped down as the face of monero now anyway. I am saying this in a neutral manner because there is enough money for all of us to get rich but you are seriously taking a massive risk by not hoarding some monero for the next 5 years. The price is low now so it is an excellent opportunity to buy a few.

user xmr needs no shilling. If people can't comprehend it's use and potential then it's too bad for them. Time will tell and we'll see what happens.

>so low
>was $0.25 ATL
wonder who's taking the bigger risk..

>click on XMR in Blockfolio
>app crashes
What did they mean by this?

hey, I basically know more about Monero than anyone in this fucking thread. ask away before I become productive.
Monero has done this before, and will do this again. "what are market cycles?", op asked.
Monero has gone from $2 to sub 50 cents, $14 to sub $4, and currently $495 to $77. Doomers amongst all the old monero heads I still talk to on IRC will say the bottom isn't in, instead it will be a violent V-shaped bottom quickly touching $45-55. I disagree.
but in any case, this is really no cause for worry. you don't invest in bull runs, you invest in projects like these in disgustingly-foul bear markets.
"but you sound delusional!" -- yes my child, and I sounded delusional not selling at $14 and buying more at $5, too -- "have fun catching the knife faggot!" - you get numb to it.
the fact of the matter is this: no other privacy coin is truly fungible and decentralized, and most importantly, EXTRA-JURISDICTIONAL, to the extent that Monero is. EJ refers to the ability of the project to withstand government/state/legal rammifications, i.e. "US outlaws Monero".
DYOR, I am starting to sound like a shill. If you dig, you will see.

>IRS audits every public address and flags them if no taxes associated with address
this is the reality we're headed towards, friend. sound draconian? then you have absolutely no idea what is currently happening today. privacy is our god-given right, for no man shits with the door open when asked "what are you doing in there, if you weren't doing anything wrong you wouldn't have to hide?!"
freedom isn't granted; it is taken.

Literally the only coin worth a damn. Nearly every coin is useless except for monero. it's literally the only coin with a chance to replace bitcoin

> rubix cube
> " ONLY A GENIUS CAN UNDERSTAND THAT SHIT!"

Because the whole market was over inflated. It's correcting.

user is right. Monero is the only privacy coin worth a damn. The others aren't really private.

Everything except ZCash and Monero

Zcash is honestly pretty shit too

Zcash got bitmained/ chinked. They should have hard forked like the other equihash coins. But then again they would have been dumped on like monero and other coins that forked to be asic resistant.

Monero is the closest to original BTC whitepaper.
Ironically > satoshis vision
I'm speculating with shitcoins for profit, but always putting cash aside into monero for the fundamentals.

I hate fluffy pony. I am not buying and shitcoin where the figure head is a core shill.

Then buy Bcash and enjoy losing your investment

Miners moving to TRTL

You know that you’re not obligated to buy anything, right?

>XMR
>private
That's a good one, brainlet.

What's not private about it genius?

same. monero is bae.

it's unironically the truest form of what people used to think bitcoin was. minable on any computer, not centralized, anonymous, etc.

which means it's future appreciation could be enormous

>he didn't read the refutation of that 1 article fudding monero
>he claimed his monero v coins

yes sur, very guud sur, buy Z-cash from the winklevoss sur very gud

Attached: unknown_amount_of_Monero.jpg (1121x543, 146K)

myself included, and SO many others such that when the shitcoin-rektoning comes, as it must, we are going to see a motherfucking BULL of a week/month as people flee to fundamentals and hide ill-gotten-shitcoin wealth. I'm talking $200 - $1200 in 20 days type of run.
are you ready?