- only coin with actual, real life use case (crime, prove me wrong) - BTC can't be used because all tx are in the open (think about it only one second, please) - mineable - community committed to decentralization (fucking bitmain and ASICs, the *exact* opposite of BTC, which has been owned by China for a long time now, prove me wrong) - showing great resiliency in recent lows, even gaining some % over BTC - academic research being done around it - academic research being implemented (bulletproofs, etc.) = only coin committed to satoshi's vision, prove me wrong
come on, shitcoin chasers & cryptocucks who are in great numbers here, no doubt about it, it's time you invest in something solid
time has come, cucks time has come to take expansion in monero
Landon Cooper
I do like monero but stfu with the satoshi vision. I don't give a shit about that. He is a genius but no point in just following word by word everything he said. its retarded.
Charles Jackson
>only coin committed to satoshi's vision, prove me wrong It's not using the mascot.
100% correct anonymous money is only used for illicit purpose. this is probably the only crypto that you will get in trouble for holding in the future (burgers) almost like having a large enough quantity of drugs or baggies can be quantified as "intent to distribute" or just possessing something as such can be intent in itself to use it
Hunter Carter
As soon as Monero is illegal (meaning no exchange or webshop accept it). It will have no value .
The only value Monero had will be the sentimental value of crypto anarchists.
Prove me wrong
Jaxson Gutierrez
you are right, just like the drugs
Leo Taylor
How can you get in trouble for holding something if it cant be peoven youre holding?
James Watson
What's the value of other cryptos then?
Asher Collins
Or expenses that need to be off the creeit card books Prostitutes f.e.
Thomas Roberts
do you trade heroin btw? no, so stfu. the day monero is illegal is the day you will be selling your bags at a couple of cents cause if you get caught with that shit, be ready for eating donovan's dick at breakfast for 5 years.
Alexander Flores
you are right, just like what they said about bitcoin in 2011
William Lopez
hey faggot your mom is here. she wants her computer back
Jack Thompson
bitcoin never wanted to be anonymous though. just personal and private.
Easton Torres
Why did AssBlaster invest 50% of his portfolio into this?
Cameron Ortiz
>commited to satoshi's vision if you mean usable currency, yes, but if you mean communist-tier public ledger traceable non-fungible coin, then no. And I'm glad it isn't.
Nathan Reyes
you are right, no one ever said bitcoin was anonymous ever
Henry Howard
Drugs have an actual value, you can sell it for fiat or use it.
Whats the value of monero?
That you can buy physical goods or services with them. Or use them in the form of a token
-infinite inflation -expensive txs -fighting mining efficiency is not a good thing for your network's resiliency and security. "fair" mining is a communist catchphrase for redistributing hashrate from the able to the inept -fluffy is a vile cunt who makes scam announcement he should be legally liable for, also helped push for crippling bitcoin with 1mb blocks to prevent it from scaling and bolster demand for his own shitcoin
Christian Hernandez
>What is the value of Monero?/?/?
making untraceable txs to buy said DRUGS, its like you are not even trying, most Darknet markets are accepting Monero right know, there is your value, put in a pipe and smoke it
Isaac King
soon your mom will be able to find out about the 10" alien dildo you bought for yourself just by typing your btc address on some website made for shit & giggles by a 12 yr old kek
>Whats the value of monero? >That you can buy physical goods or services with them. Or use them in the form of a token
You answered your own question, retard lmao
Nathan Brown
oh herro, Zhang from Bitmain... how's the smog in Shenghen today ?
Isaiah Bennett
he is prob a dash shill, these ppl are dumb as fuck
Luke Watson
>infinite inflation Mathematically irrelevant at tail emission. >expensive txs Will see improvements with updates this year >cracking down on ASICs is bad lmao get the FUCK out, Jihan. >fluffy sucks, etc No arguments with that one.
Josiah Diaz
oh herro, Zhang from Bitmain... how's the smog in Bejing today ? the dog is fresh, yes ?
Levi Adams
STOP POSTING YOUR FUCKING PORTFOLIO ON EVERY FUCKING THREAD
Chase Perez
No, you are the retard. When Monero is illegal you CANT buy physical goods or services with them.
Even criminals won't except Monero because they can't spend it.
Luke Perry
Please sell your bags and get the fuck out of here. Fucking God damn brainlets FUCK
Benjamin Davis
that was bait they've had analysis software for years. the centralization of mining facilities would come into play. imagine not being able to collect large small samples because of encryption and vpn coin mixers etc etc but now you have a facility processing these blockchain transactions in mass they have a huge sample size of data. you can't escape the chain
Grayson Gutierrez
>the Andrew Miller paper is still being pushed, this time by WIRED.COM, owned by CONDE FUCKING NAST You seriously can't make this shit up.
Logan Roberts
Kek, you don't have any arguments for your baked air coin.
Please HODL them, screencap this and watch the price when they are banned.
Then be man enough to say you where wrong.
I will do the same if they will keep their value or get higher.
Of course you can, you fucking retard. You thi nk darknet will stop using because its banned? You think clearnet will too, you're telling me they will globally ban it?
>b-but can't cash out to fiat
you can trade it for another coin and cash out, moron monero fud weak as fuck as usual go buy more verge idiot
Dominic Fisher
Monero is probably the worst store of value you could pick out of all projects out there. Yes, it is the best privacy coin, yes anonymity is important, yes fungebility is even more so.
Yet:
> First on the list of regulators > First on the list for major crimes (extortion, kidnapping, darknet commerce..etc).
Monero is a privacy/anonymity throughput protocol layer, similar as the onion service protocol is a throughput layer for Tor. UNLESS you are actually in need of all the tech Monero provides there is very little reason to invest into Monero. It definitely has a place in the top 3 of currencies by tech and community, but Monero definitely is not a sound store of value.
B-but fungebility. Fungebility is important, but it fades into obscurity when less than 1% of the market uses the coin as currency. It is similar as ZCash with ZK-Snarks, where Z addresses make up less than 1% of the transcations. At 1% of the market cap, Monero becomes a privacy channel, and unless regulation stops having a hard on against privacy, Monero will never come close to the needed 10-20% of the market cap.
Gavin Miller
Ok, then tell me how I could cash out when Monero is illegal? Do I have to meet a stranger with crypto or cash to trade IRL?
Fast decentralized exchanges (airswap/atomic-swap) do not play well with ring sigs. Normal decentralized exchanges would degrade Monero's privacy, because a third party arbitrator would need your key images if a trade dispute came up.
Nathan Myers
>2018 >Unironically arguing nothing-to-hide Why good evening officer welcome to Jow Forums
Zachary Diaz
Many of you here are not stupid... And you need to take the time to stop, think and review the situation before believing others posts.
Yes, Monero is marketed to some extent as anonymous, but anonymity is not the key concept of the currencies excellence... The aspect of FUNGIBILITY is the important and crucial factor to its success... If I could wish for one thing that proceeds from me writing this message is that a deserving person reading this forum takes a moment to stop and think and look at the meaning of fungibility and the importance it holds for a realistically sustainable digital currency for the future.
Julian Anderson
And for what reason is it going to be made illegal exactly?
Chase Rogers
Milton Freedman's vision
Brody Nelson
You know they could ban it easily when they announce it's IS money. Every cuck-country would follow America
Owen Robinson
Hmmm I guess from that viewpoint they could easily ban USD right?... Because IS use USD aswell right?
Oliver Carter
Hey I'm all ears (eyes!?). You're talking about plausible deniability, right? Would be interested to hear any other thoughts you have. Big believer in monero.
Carson Hernandez
you're retarded if you can't see the flaws in owning something that you would theoretically only use to spend money anonymously or to transfer money between parties anonymously that's NOT considering that you're using it for illegal materials and services but you put the two of those things together? what's not to love about the GVT going to work on cracking monero just to see where all the money is really coming and going to and from . people will be paid to do this don't delude yourself into thinking that everything is safe from attacks from now until infinity in the future.
Like how making drugs illegal ensured they had 'no value'
Blake Howard
Exactly.
We should copy them - Rob, Lie, Cheat & Steal and then fuck off with the money you've made.
Wyatt Edwards
miners are unaffected by crashes in price increases in difficulty and speculative trading...
Anthony James
Nope.... The key to fungibility for me is that coins can never be manipulated by their history to be considered to be worth more or less... ANY USD dollar is worth the same as any other because we cannot follow/ trace its history... Any "currency" or asset that follows a history path is manipulated in value by its history... Eventually people will be selling coins that have traceable history for differing prices depending on the historic usages attributed to the coins... if a coin was used by Donald trump for example to pay for a lapdance for mila kunis, people might attribute this to as being worth more than a coin that was used to buy dogshit from a man in brazil to feed an african child.
TL;DR.... Eventually the history of coins will be publicly viewable and traceable and the historic usage of the coin will manipulate its value... With Monero this is not possible. FUNGIBILITY!
Robert Myers
Is monero not fungible already? Huh I thought that was the point of the ring signatures
Tyler Evans
delusion
Brayden Martinez
That's an interesting idea but I don't think it actually has that much effect on the price, if any. With most coins you are tracking payment amounts, not singular assets (although I think that would be an interesting thing to explore!)
Connor Powell
The screenshot threw me a little but the point your making is a valid one, although it is not the be all and end all of my decision to hold this coin as my main investment in this space... I say investment, because I personally don't use ANY cryptocurrency to pay for anything online AT THIS MOMENT IN TIME... The fact is not whether I will be safe from my anonymous usage of this currency in future events because I will not be utilising it for nefarious activities...
So, you claim i am retarded if i cant see the flaws in using anonymous transfer of money between two parties regardless of whether that be illegal or not... However, USD fiat is an anonymous transfer of money and we use it everyday, is the entire western world retarded for using this method of payment also?
As for the
>GVT going to work on cracking monero just to see where all the money is really coming and going to and from.
So, what? How would that affect its value? It would still be considered to be the best method of exchanging funds anonymously otherwise the "GVT" would focus on the alternative coin.
If your implying that because the government could "potentially at some point trace the history of Moneros blockchain and usage" that i should not hold the currency at all, I feel you should look at who's the real deluded party in this discussion!
Quicktip: Its not me!
Camden Ross
it would effect its value if anonymous usage was its main reason for anybody to be investing like i said that's not even considering that using anonymous money for anonymous purposes is still frowned upon. do you think $ bills aren't tracked through banks casinos and atms? even if you take money out at one end and exchange or transfer it to another it gets put back in somewhere.
Jonathan Cox
Monerov is going to make monero vulnerable to immediate attack unfortunately
Christian Price
Well its hard to make it affect the price in the short term but lets take an example longterm:
Lets take bitcoin as the example and contrast it against USD... Lets say we print ONLY 21 million dollars in dollar notes and remove the rest of the currency we have now out of circulation... How long do you think it would take for the 21 million to be used one way or another for nefarious activities?... be that drugs, prostitution or terrorism offences... Not long right?
Now lets look at Bitcoin... already they are tracing and blacklisting coins because of their historic usage in exchange hacks and previous dark-net usage... regardless of the currency holders of the coins.... Eventually given an unlimited timescale, all Bitcoins will be used for nefarious activities in one way or another, therefore all bitcoins will eventually become blacklisted and therefore worthless... as more and more bitcoins become blacklisted due to illegal usage of... the value in fungibility will become more apparent for a sustainable digital currency. HINT HINT MONERO
Anonymous usage is not the main reason to use Monero, it doesn't aim to be, its just an aspect attributed to ensuring fungibility in a digital currency.
You're correct... $ bills are traced through casinos and atms, and that is the reason why we are pushing the cryptocurrency movement, proving my points further. If fiat was a perfect currency, then we wouldn't be looking at ways to replace it!
Sebastian Fisher
>Miller is also an advisor to Zcash, another cryptocurrency that promises privacy protections.
lmao. also, that's a non-issue since RingCT implementation
Luke Martin
>all the zcash shills ITT >zk-snarks (((trusted))) setup
Christopher Ramirez
you can't tell me this isn't being marketed as an anonymous money transaction service when it literally says PRIVACY and ANONYMITY all the fuck over it