The King

DONT BUY POONERO
SCAM COIN
FLUFYPON AND THE TEAM WILL DUMP ALL THE PREMINE OVER YOU AT ANY MOMENT
SHIT WITH DEV FEE
STAY AWAY FROM POONERO

Attached: aaaaaa.png (1280x1280, 28K)

congratz man, I got in at 48 usd... it hurted seeing it lose sats, but the king is woken

Monero is cool but it never seems to want to pump. The fact that it isnt a top 5 coin is bogus desu but I dont see that changing

The only coin worth mining.

if you look at xmrbtc chart in an old exchange like bittrex, you will see that actually xmr didnt lose as much sats as other coins... this is because whales are interested and because of the asic resistant algorithm the only ones mining it are people that believe in the coin

Because xmr is a long term hold, look at the top 15 marketcaps on coinmarketcap and ask yourself "why does this fucking exist?". When the dotcom bubble burst in the 90s, only a handful of companies survived... but the ones that did became some of the biggest companies in the fucking world.

Ripple, Stellar, EOS... What's their fucking purpose? Why is btc cash, btc sv, litecoin so high up? Even worthless fucking bitcoin gold is right behind Chainlink at 26.

This.
Marketcap is kind of a useless metric with crypto for this reason. Only fairly mined PoW coins have a marketcap that's reflective of what their actual street value should be.

Monero Kon is this weekend. Hopefully the price should go up a nice bit if something good gets announced.

>Marketcap is kind of a useless metric

see: bitfinex coin

7m volume, came out like a week ago, higher marketcap than Monero which has literally been around almost as long as BTC itself

It’s followed the same trajectory as dozens of other coins, monero is not special in any way (inb4 muh Private fungible etc). Idk why biz has such a hard on for it, this shit will absolutely fucking not “make you rich”. I thought we were here to actually make money. Jesus Christ this is actually pissing me off

Unironically not gonna make it

Its pretty amazing the hostile attitude other major coin devs have towards total privacy by default. (Mostly talking about BTC/BCH). I don't understand what is so hard to grasp about this concept.

They know base layer fungibility is a huge issue and they fall short on it. It’s no wonder that it’s a sore subject. Monero works like digital cash right now, not after some potential future protocol upgrade that’ll probably never happen.

which devs are you talking about?

>fungiblity, a quality absolutely necessary for something to function as a currency is not important

NEVER going to make it

Attached: 1560400507082.png (392x350, 84K)

when i speak to ppl they think xmr will not be high value due to tail emmission...
but in 10 years when there's hardly any new btc and ltc ppl new to crypto may shun those two because they can't get "in"
so xmr may seem attractive
hence tail emmission becoming a good thing.
i think xmr will pump but it will take 5 to 10 years.
you should stack 100 xmr anyway

none of the coins current inflations are enough to impact such a high volatile market because the market is so small. inflation is only something to worry about it in a mature market with much slower paced growth

>he STILL thinks people will EVER widely use crypto meme tokens as currency, in 2019
not going to make it, ever

what about WOWnero though?

Attached: download (2).png (1882x695, 562K)

Monero - reddit shitcoin for cucks
Right up there with NANO and IOTA

Bitcoin Cash devs specifically, who have some retarded ieas about privacy.

Although they are better than BTC core devs who, turn it down entirely in favor of Lighting vaporware

specifically this
lists.linuxfoundation.org/pipermail/bitcoin-ml/2018-April/000702.html

>If we go "too dark" like XMR, there will be greater hostility from governments and other entities under state and social pressure.

Cucks.

No.

interesting that they note that frangibility necessary to be a currency. monero is so ahead of the game it's unreal

fungibility*

Its fucking unreal. The main argument I get from other crypto users is

A) That cuck shit

B) Monero is too expensive/doesn't scale

A is obviously a low-IQ cop out. B is sorta correct, but it is vastly outweighed by it being totally private. A non-total privacy blockchain in 2019 is a non starter for me. People just do not realize the consequences of having your finances put onto an immutable ledger for all eternity for people to see.

keep in mind is pretty hard to "be scaled"
because its a sliding scale like the internet wasn't ready for as many people that use it now in 2000
improvements will come and are always being looked at

>bulletproofs
>pruning

Monero threads are the only good thing on biz lately and the only altcoin I feel comfy with.

Attached: Screenshot_20190621-032645.jpg (1080x2280, 450K)

People just want names they know about and convenience, not privacy. So as a simple money coin, libra or something similar will win. Everything shows people don't care about privacy.

I think this is fundamentally different, though. It is money, not your drunk party pics. People do take it more seriously than other things, for right or wrong.

Im an idiot, but it really does feel like XMR is what Bitcoin was supposed to be.

yeah.....i forgot,, xmr is centralised,, into the trash it goes then

Attached: 1533580488515s.jpg (250x242, 8K)

>xmr is centralised

proofs

Yes, it is legitimately the only actual cryptocurrency that is actually cryptological and actually being used as currency... even if it is for drugs or cheese pizza. BTC has become a store of value/crypto index fund... whatever that's what it's become.

as i said, im an idiot that gets all of his opinions from lurking forums, but from my understanding it is hard to tell if XMR is centralized or vice versa because of anonimity.

Honestly yeah probably.

There are something like 240 (last time I checked) unique contributors to Monero's code. There is a core team of OG developers but they aren't the be all and end all of what happens with Monero. If they suggest something disagreeable then someone just forks the project.

Yeah, ok, but by decentralised i understand Bitcoin kind of decentralised, with no creator or ceo that can be compromised.