Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
GingerAle
on 16/06/2016, 00:16:46 UTC
I love the pump but unless monero really takes off (0.04-0.05) it won't survive Ethereum's ring signature mixers soon to be launched.....

There's a lot more to XMR than ring sigs. Even still, from what I understand Ethereum ring-sig transactions will be optional and quite expensive. I'm unconcerned.

Please do not compare a shitcoin with ETH.. Monero's only purpose it to make botnet operators rich.. Less than 10% of network hash rate are real users.. Unless monero attracts BTC bubble newcomers it's  done...

How do you know 90% of the hash rate is botnets? I'm curious to see the numbers.

He runs the botnet maybe?  Tongue

He IS the botnet.

I speculate that we will watch monero continue to rise until it plateaus. Then, as always with monero rises, someone decides to cash out and tanks the price. by like 40%.

Though we haven't seen what happens with a serious bitcoin moon event.