Re: [AEON] Aeon Speculation

So Monero is rubbish now?

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Its strange to see monero devs or supporters jumping/launching a new coin.

It's not a new coin, it was launched about 6 weeks after Monero last year. Nobody is jumping either.

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Its only shows luck of faith into monero, and it seems as xmr is already a lost cost, so it time to start new coin.

There is no lack of faith. I explained how I view them as having distinct roles. If you don't think this coin has a viable role then don't buy it. If your analysis turns out to be correct the eventually this project will fail, the coin will be abandoned, and Monero will still be there.

This seems as a conflict of interest when a monero dev to work on a competitive cryptonote coin. Its already causing confusion in this forum, seeing other posts.

In my opinion the crypto community is too dog-eat-dog competitive and all that gets you is a lot of eaten dogs, with a few survivors exhausted from fighting to not be eaten. We need to accept reality that hypercryptoization is not right around the corner and the path forward is experimentation, different approaches, and friendly competition that makes us all do better rather than viewing everything as a zero sum conflict.

The time for natural consolidation of the market around one or a few successful solutions will likely come, but it is not now.

I'll add that any Monerian that doesn't see the upside of a Monero-forked technology entering the economy mobile sector for a whopping .003 cents a coin, needs to reevaluate their evaluation process. It's a different market, folks. A Monero sidechain maybe addresses it a couple to a few years down the road, but why wait? To what benefit? Bitcoin doesn't benefit from an ALL-THE-MARKETS-FOR-ME-COMPLEX, it suffers from it--so maybe not the best line of reasoning to adopt if you want to keep your investments grounded in a competitive reality.