Re: Why the bitmonero/monero Ninjalaunched Cripplemined Fastmine matters
[DISCLAIMER: see disclaimer of conflict of interest at the bottom]
Quote: "If you see fraud and don't shout fraud, you are a fraud"
-- Nassim Taleb (credit to Icebreaker for the quote).
Monero Ninja Launch:
There were multiple threads started in the wrong place so dev team could benefit before most even knew it had been launched. The Monero ANN thread is not the original ANN thread (true sign of a scam coin) and some say the name (Bitmonero) was changed to (monero) cover up the launch issues and association with original acknowledge scam dev.
One in the right place, apparently
Monero Cripplemine: 6-7%+ of the total supply
~1.5 million monero mined with optimized miners while dev team pushed a crippled miner on everyone else.
August 28, 2014
"The original developers deliberately crippled the miner."
http://da-data.blogspot.com/2014/08/minting-money-with-monero-and-cpu.html
Monero Fastmine / Instamine:
The monero cripplemine was bad but the fastmine is where the most unfair distribution took place.
Monero has a highly inflationary emission curve where around half the coins were mined in the first year and will have "Roughly 86% mined in 4 years".
By comparison, Bitcoin is almost 7 years old and only has 75% mined. It will take them another 4+ years to get to monero's 86%.
So it will take BTC & LTC ~11+ years to get to ~86% and monero only 4 years. It will take DASH ~ another 20 years to get to 86%.
They knew it was a problem but did nothing......
[BMR] BitMonero emission curve change (proposal)
https://bitcointalk.org/index.php?topic=585480.0
[ANN][MRO] Monero - an anonymous coin based on CryptoNote technology
"It was said that this coin had a mining reward schedule similar to bitcoin. In fact it is twice as fast as intended, even even a bit more than twice as fast as bitcoin.
If you acquired your coins on the basis of the advertised reward schedule, you would be disappointed, and rightfully so, as more coins come to into existence more quickly than you were led to believe." smooth
https://bitcointalk.org/index.php?topic=582080.0
[XMR] Monero - Marketing Team & Tactics
https://bitcointalk.org/index.php?topic=1233817.0
Unveiling the truth over the major Monero scam
https://bitcointalk.org/index.php?topic=755840.0
DISCLAIMER: I am a DASH fan boy and I do not deny a conflict of interest. Nevertheless I endeavor to be factual and I suggest that readers consider the facts, check the facts, reach your own conclusions about what happened and how it matters today, and finally to avoid the temptation to attack the person stating the facts or the coin(s) with which he might be associated]
Quote: "If you see fraud and don't shout fraud, you are a fraud"
-- Nassim Taleb (credit to Icebreaker for the quote).
Monero Ninja Launch:
There were multiple threads started in the wrong place so dev team could benefit before most even knew it had been launched. The Monero ANN thread is not the original ANN thread (true sign of a scam coin) and some say the name (Bitmonero) was changed to (monero) cover up the launch issues and association with original acknowledge scam dev.
How many threads does this coin need? 
One in the right place, apparently
Monero Cripplemine: 6-7%+ of the total supply
~1.5 million monero mined with optimized miners while dev team pushed a crippled miner on everyone else.
Months 2-3 total coins mined was 1.37 million.
Minting Money with Monero ... and CPU vector intrinsicsAugust 28, 2014
"The original developers deliberately crippled the miner."
http://da-data.blogspot.com/2014/08/minting-money-with-monero-and-cpu.html
Monero Fastmine / Instamine:
The monero cripplemine was bad but the fastmine is where the most unfair distribution took place.
Monero has a highly inflationary emission curve where around half the coins were mined in the first year and will have "Roughly 86% mined in 4 years".
By comparison, Bitcoin is almost 7 years old and only has 75% mined. It will take them another 4+ years to get to monero's 86%.
So it will take BTC & LTC ~11+ years to get to ~86% and monero only 4 years. It will take DASH ~ another 20 years to get to 86%.
They knew it was a problem but did nothing......
[BMR] BitMonero emission curve change (proposal)
https://bitcointalk.org/index.php?topic=585480.0
[ANN][MRO] Monero - an anonymous coin based on CryptoNote technology
"It was said that this coin had a mining reward schedule similar to bitcoin. In fact it is twice as fast as intended, even even a bit more than twice as fast as bitcoin.
If you acquired your coins on the basis of the advertised reward schedule, you would be disappointed, and rightfully so, as more coins come to into existence more quickly than you were led to believe." smooth
https://bitcointalk.org/index.php?topic=582080.0
[XMR] Monero - Marketing Team & Tactics
https://bitcointalk.org/index.php?topic=1233817.0
Unveiling the truth over the major Monero scam
https://bitcointalk.org/index.php?topic=755840.0
DISCLAIMER: I am a DASH fan boy and I do not deny a conflict of interest. Nevertheless I endeavor to be factual and I suggest that readers consider the facts, check the facts, reach your own conclusions about what happened and how it matters today, and finally to avoid the temptation to attack the person stating the facts or the coin(s) with which he might be associated]
I agree Monero is mined quite quickly (within a few years). For that reason the price has been pretty low and it still is low. That being said, it offers a great opportunity to enter with the funds that you can afford to lose (this is a risky project) without losing your mental health. Actually I was in favor of cutting the emission in 2014 but the Monero community disagreed with me and that is pretty much also the reason why the price never rose big time and those who were early adopters and couldn't afford to cost average it down are underwater with the current price tag.
Also one problem with XMR is it has been owned by whales who like to dump their coins every once and while. Those whales basically are looking a way to kill any bullish trend Monero has attempted to enter, so this fact makes Monero not too attractive for investors.
Summa summarum:
These are the pros and cons for Monero:
The pro: price is pretty low
The con: there are apparently big whales who do not want to hold Moneros at too high levels thus making the entrance of bull trend pretty hard.
I am being very honest here and not telling that Monero is "perfect". I am willing to speak also the weaknesses of XMR. That being said, I own a stake of Monero that enables me to get rich if Monero gets adopted by any wider user base, but if XMR will drop to 0.001 I am not also losing my nigh sleep...