Author Topic: Monero  (Read 33091 times)

0 Members and 1 Guest are viewing this topic.

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
I hear what you are saying. But to investors. Its just another altcoin. As is BTS. Is Ethereum? Is safecoin? Im not sure.

Investors change their mind one at a time as they individually research and wake up to what a crypto offers.  It becomes more than 'just an alt', and they realize its potential and buy in.  This applies to BTS, ETH, XMR, Maid, or whatever.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline D4vegee

  • Full Member
  • ***
  • Posts: 108
    • View Profile
I hear what you are saying. But to investors. Its just another altcoin. As is BTS. Is Ethereum? Is safecoin? Im not sure.

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Isnt monero just another alt coin?

But seriously now:

Completely new code base from Bitcoin.  Not a copy coin like LTC, Doge, etc.

Devs have added over 275000 lines of code from the original codebase Monero was forked from.  Active, large dev team, 100% community funded.

https://getmonero.org/2016/02/10/monero-missive-2015-year-in-review.html

Based on cryptonote.  Completely different algorithm from bitcoin, so it serves as a good alternative in case of a catastrophic failure in bitcoin.  Well tested cryptography with lots of academic research, cryptonote has been around for a couple decades now.   
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Isnt monero just another alt coin?

Isnt bitshares just another alt coin?

Isnt ethereum just another alt coin?
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline D4vegee

  • Full Member
  • ***
  • Posts: 108
    • View Profile
Isnt monero just another alt coin?

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Imo:

DASH is just mixing.  Its not really any more private than a bitcoin mixer.

Monero ring signatures offer far more fungibility/privacy than DASH, especially once the ring confidential transactions feature is finished later this year.

Also DASH had an instamine and is heavily owned by one entity.  The distribution of Monero was very fair, in fact, its probably the fairest distribution of any proof of work altcoin in the top 20 of CMC. 


Also there is this:
https://twitter.com/petertoddbtc/status/622022840330682368


Quite a number of prominant bitcoin names have said good things about the cryptography in Monero and bad things about Dash.


For these reasons I think Monero has a lot more potential than Dash. 
Further, when I see Dash at 2-3x the price of Monero, and I see that the trading volume of Monero is much greater than that of Dash, I believe there is a severe market inefficiency.  Monero should probably be 3x the price of Dash, not the other way around. 



One interesting thing about DASH is that the masternode system is actually pretty similar to Bitshares DPoS.  This polarizes people into two camps: the people who only think PoW is secure, and those who like systems such as Dash masternodes, Bitshares, PoS variants, etc.

I figure that by holding Bitshares I have the proof of stake variant part of my portfolio covered, and for the sake of diversification I had better hold a solid proof of work coin, in case the peopel who say proof of work is the only way and every PoS variant is flawed are actually correct.  So for that reason also I prefer Monero over Dash, because it is much more different from Bitshares and thus helps me to better diversify.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline infovortice2013

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 521
    • View Profile
    • BitShares en español
  • BitShares: traderx
dash use same base code that bitcoin to make it compatible thats reason i preffer xmr totally different protocol. and yeah dash is overpriced a lot lets see what happen with this 500 mhash x11asics one man is offering people still not belive XD but you can see dash chart 80-90% red daily candles from long time ago.

hope xmr mantain low prices for a time to buy some
New Keyoteeid: 5rUhuLCDWUA2FStkKVRTWYEqY1mZhwpfVdRmYEvMRFRD1bqYAL
new08/21 id 5Sjf3LMuYPSeNnjLYXmAoHj5Z6TPCmwmfXD6XwDmg27dwfQ

Offline cylonmaker2053

  • Hero Member
  • *****
  • Posts: 1004
  • Saving the world one block at a time
    • View Profile
  • BitShares: cylonmaker2053
I know youre joking, but as far as coins that are trying to be currency go, Monero basically has the best distribution of all of them.  Its no premine or fastmine, with a long term emission schedule and a ~1% a year tail emission to keep it from ever becoming deflationary.

monero seems to be the best digital cash at the moment, though i also support Dash. i still consider it way undervalued, but admittedly am holding off on buying more in this big upswing.

chryspano

  • Guest
I know youre joking, but as far as coins that are trying to be currency go, Monero basically has the best distribution of all of them.  Its no premine or fastmine, with a long term emission schedule and a ~1% a year tail emission to keep it from ever becoming deflationary.

 +5%

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
I know youre joking, but as far as coins that are trying to be currency go, Monero basically has the best distribution of all of them.  Its no premine or fastmine, with a long term emission schedule and a ~1% a year tail emission to keep it from ever becoming deflationary.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

chryspano

  • Guest
Still not too late to buy.

But of course, now its risky in the short term.

 :D :D :D



 :D :D :D
/Trolling

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Still not too late to buy.

But of course, now its risky in the short term.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline tonyk

  • Hero Member
  • *****
  • Posts: 3308
    • View Profile
Finally. :)

Congrats. I was wrong, you called it right.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Finally. :)
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline cylonmaker2053

  • Hero Member
  • *****
  • Posts: 1004
  • Saving the world one block at a time
    • View Profile
  • BitShares: cylonmaker2053
Dogecoin is the gateway drug ... Bitcoin is the crack that gets them addicted.

But, that may change once we're "giving away the first hit for free". ;)

 +5%