Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
thsminer
on 18/09/2016, 19:38:09 UTC


ETH and Factom has very limited number of potential usage.
But Monero on the other hand being the most anonymous digital currency has a potential, well, infinity.
My advice for everybody who bought their initial investment at 0.02 or higher is just to keep on accumulating. It is very likely you are pretty well off if you are willing to stay for longer than a few weeks or a few months. Give monero more time, I think you will be happy in 2019-2020 that you had bought Moneros at ATH of 2016 because that was just the beginning - even if there will we more dumps down the line.
It is important to keep the focus on long term when the trolls are convincing to sell to their bids. Let's not feed the hungry trolls.

i can only LAUGH at your statement

do you forget one important factor "GOVERNMENT CONTROL"?

do you think governments will let these dark coins grow BIG so people can avoid tax?

in your DREAM

honestly, i don't see a good future for these dark coins if governments step into

they will survive if they are still in low profile . Take note at it

i agree that these dark coins has cool tech but in governments' eyes , these coins will be blacklisted if they grow so big

there is a reason why bitcoin still survives up until now. Because every transactions are public, everyone can track them Smiley

Note: now XMR is used by dark markets (CRIMINAL markets), do you think governments will let them do that freely ? Smiley

It's if I hear an echo...
In the late ninetees exactly the same thing was told about internet. No way governements would allow these ways of communication.

The power of governements is highly overestimated, it's the money that controls what's happening and sure they won't be happy with the current developments. But atm the current establishment doesn't have a clue.