Post
Topic
Board Speculation (Altcoins)
Re: [XMR] Monero Speculation
by
Nathan047
on 10/03/2017, 01:50:27 UTC
Aren't you worried it becomes impossible to compete with darkcoin for the 1st place among anonymous coins?

No. D is no competition to Monero. Everybody in here knows that, you as well. Think longterm, be patient, stop trolling. Thanks.

It is a direct competitor to Monero (pretty much the only relevant one).
The fact that there is a premine is not an argument that it is not a competition... Etherium is not Monero's competitor (at least in direct way).
According to the charts the triangle should be closed in around 2 weeks or so and after it there is time for some major action (up or down - the tea leafs are not telling the direction to me).
Right now it looks like Dark coin has taken a premium against Monero so let's see if we can catch it and go beyond Darkcoin.

As much as I feel that DASH is a competitor to Monero, XMR seems more focused on privacy where DASH seems to be more of an unspecialized coin (like Litecoin) ever since it changed from Darkcoin to DASH and more focused on mass adoption. As much as XMR users hate DASH and vice versa I hope they both do well and I think they could easily coexist and will cater to different markets.